MIRA INFORM REPORT

 

 

Report Date :

07.08.2007

 

IDENTIFICATION DETAILS

 

Name :

VECTRA HILL LTDA.

 

 

Registered Office :

Plaza Cagancha 1335, Oficina 604, Montevideo, CP.11100

 

 

Country :

Uruguay

 

RATING & COMMENTS

 

MIRA’s Rating :

NR

 

RATING

STATUS

PROPOSED CREDIT LINE

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

Status :

Undetermined

 


IDENTIFICATION

 

CORRECT COMPANY NAME     : VECTRA HILL LTDA.

MAIN ADDRESS                       : Plaza Cagancha 1335, Oficina 604,

CITY/PROVINCE/STATE            : Montevideo, CP.11100

COUNTRY                                 : URUGUAY

TELEPHONE                             : (5982)901.0724

 

 

QUALIFICATION

 

RATING : Unknown Company / Unlocated

PAYMENTS : No further credit experience available

 

 

GENERAL INFORMATION

 

Be advised it was not possible to locate the subject company nor its executives with the information provided.

  

Firstly, we clarify the address and phone number placed in your order belong to the firm KPM & G ASOCIADOS, enterprise that provides accounting assistance to the investigated company, and we spoke in that company with Mrs. María Fernanda Pinto, who flatly refused to provide any kind of information about their client, or to give us any clue which might help us to locate it.

  

Due to our insistence she suggested us to speak to Mr. Mario Ltaif, Accountant of the related firm TECNOMYL SRL, domiciled at Av. Aviadores del Chaco 3301 con Santísima Trinidad, Paraguay. Tel: (595-21)61.4401.

  

Immediately we got in contact with the cited executive , but he was very emphatic in that if the name of the company asking for the report was not identified first, it was simply useless for us to try to get any kind of information from them, since they had good relations with all their foreign suppliers, and after stating so, he halted the conversation abruptly.

  

We tried to get any information about the investigated company from other sources, such as databases, business directories, the telephone guide, and possible banking entities, credit institutions, but without success.

  

This is all we can report in absence of further leads.

  

 


 

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

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

 

 

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