MIRA
INFORM REPORT
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Report Date : |
29.08.2007 |
IDENTIFICATION DETAILS
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Name : |
HELIX INVESTMENTS COMPANY |
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Registered Office : |
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Country : |
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Date of Incorporation : |
10/9/1998 |
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Com. Reg. No.: |
12513 |
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Legal Form : |
Offshore Company
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Line of Business : |
General Trading
Company |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
COMPANY REPORTED
HELIX INVESTMENTS
COMPANY
Principal Address
Telephone: +230-2036600
Fax: +230-2036650
Email: None
Internet: None
Established
10/9/1998
Registration
No. 12513
Legal Form
Offshore Company
Stock Listing
Not Listed
Workforce
2006
40
Office &
Factories
Head offices Kross Borders Trust Services, 1st Floor,
St.
Branches None
Company Profile
Paid in Capital
Subscribed Capital
Shareholders
Name Position Amount
Ratio
Director Declined
Kross Borders
Trust Services Trustee
Total 100.00%
Credit Opinion
We propose Secured credit
Affiliated Companies
None
Management/ Directors
Declined
Þ Top decision maker is the person who has the ultimate authority or power to make important managerial decisions. He/She may or may not be officially registered as a president or an executive director.
Business Activities
General Trading
Company
Banking relationship
Main Banks MCB Bank
Credit Check of
Subject, President & CEO
(as of report date)
Payment Morale : In the documents at our
disposal nothing adverse has been shown so far.
CREDIT RATING : Financial situation Could
not be ascertained
COMMENTS
We propose Secured credit
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%)