MIRA
INFORM REPORT
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Report Date : |
29.08.2007 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
Ustcrstrass 11, 8001 Zuerich/ZH |
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Country : |
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RATING & COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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Status : |
Undetermined |
name & address
Graceland Trading
Corporation
Ustcrstrass 11
8001
Zuerich/ZH
RECOMMENDATION
No extension of
credit should be made in view of the situation A maximum credit cannot be
advised in these circumstances.
RESULTS OF OUR
RESEARCH
A company under the designation Graceland Trading
Corporation (your request) ist not registered in the Swiss commercial register.
In addition there is also no registration under the
name of such an entity listed in any Swiss telephone directory.
A street called Ustcrstrasse 11 (or Usterstrasse) in
Zurich (your request) does not exist in Zurich.
The referred to communication numbers 044 2121733
(phone) and 044 2102658/59 (fax) correspond to H. Vogler Inter-Trans AG,
Usteristrasse 11, 8001 Zurich (P.O. Box 8023 Zurich). There we are informed
that Graceland Trading Corporation is not registered in the Swiss commercial
register and does not conduct any business activities in Switzerland either.
The subject has a mailbox address with H. Vogler Inter-Trans AG only. Further
information, inter alia about the requested company's activity outside
Switzerland or its registered office location (address/country) was not
disclosed.
Since the requested company has no status of a legal
entity in Switzerland, it is absolutely impossible to make any assessment of
the financial situation.
We apologize for not being able to provide you with
any more satisfactory information.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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%)