MIRA INFORM REPORT

 

 

Report Date :

16.08.2007

 

IDENTIFICATION DETAILS

 

Name :

KSV MARKETING CORPORATION

 

 

Registered Office :

3701-A Sunvalley Drive, Barangay Sun Valley, Parnaque Mero, Manila,

 

 

Country :

Philippines

 

 

Date of Incorporation :

03.02.2004

 

 

Com. Reg. No.:

0028031

 

 

Legal Form :

Sole Proprietorship

 

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

 

Company Name

 

KSV MARKETING CORPORATION

 

 

Address

 

3701-A SUNVALLEY DRIVE, BARANGAY SUN VALLEY, PARNAQUE MERO, MANILA, PHILIPPINES.

Telephone Number : +63-27768636

 

 

Special Note

 

Verification made with the Securities and Exchange Commission revealed no registration under the name KSV Marketing Corp.

 

Found registered with the Department of Trade and Industry is KSV Marketing (sole proprietorship); registered on February 3, 2004; registration no. 0028031; registered owner – Madhu Ramesil Bharwani; capitalization PHP 500,000; registered address - 3701-A Sun Valley Drive, Sun Valley Paranaque City.

 

Visit made at your given address 3701 A Sunvalley Drive Barangay Sun Valley, Parañaque City proved futile. Found was a two-storey concrete structure building with 3 doors apartment under renovation. It is located beside Francis Potenti Educational Center. Security guard on duty Mr. E.C. Ayep claimed KSV Marketing used to operate at said address, however vacated said premises sometime in May 2007. He claimed KSV Marketing moved to somewhere in Better Living Parañaque City, exact address however, not known to him. He stated that said company is an importer and distributor of aluminum and stainless products like casserole, among others. He claimed Mr. Ramiz (an Indian national) and his wife Mrs. Madhu (a Filipino national) are the owners and operators of said company. Source has no knowledge if KSV Marketing is a sole proprietorship or has already incorporated.

No listings developed under subject’s name from PLDT directory assistance and other possible sources checked.

 

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.

 

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