MIRA INFORM REPORT

 

 

Report Date :

21st June 2006

 

IDENTIFICATION DETAILS

 

Name :

MERLOCK FINANCIAL LIMITED

 

 

Registered Office :

Hohenzollernring 84

50672 Köln

 

 

Country :

Germany

 

 

Date of Incorporation :

27.01.2006

 

 

Com. Reg. No.:

05689847

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Not Registered Germany

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

 

NAME & ADDRESS

 

Merlock Financial Limited

Hohenzollernring 84

50672 Köln

Telephone : 0221/5694415

Fax.:            0221/2711046

 

 

G E N E R A L   R E P O R T

 

Here it was necessary to depart from our usual standard report.

 

Your inquiry concerns a branch. The headquarters are located in 70 Hogarth Road, Kensington, GB-London SW5 0QT. The company was registered within the commercial register in England on 27.01.2006 under the number 05689847.

 

The person in charge in Cologne is Assaf Radye.

The banker is the Sparkasse Köln Bonn.

2 persons are employed there.

 

Further details were not available in Germany.

We recommend you to order a report on the headquarters in England.

 

 

 

                                                           

 

 

RATING EXPLANATIONS

 

 

RATING

STATUS

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions