MIRA INFORM REPORT

 

 

Report Date :

12.12.2007

 

IDENTIFICATION DETAILS

 

Name :

COMERCIAL DE RESIDUOS METALICOS S.A.

 

 

Registered Office :

Avenida  Diagonal, 426, 08037  Barcelona  (Barcelona)

 

 

Country :

Spain

 

 

Date of Incorporation :

03/11/2006

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Wholesale of iron & steel.

Wholesale of metals and metal ores.

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

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

Small

 

Status :

New Company

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear


Identification and Characteristics

 

    TAX NUMBER

A64357742

     NAME

COMERCIAL DE RESIDUOS METALICOS S.A.

      BUSINESS ADDRESS

AVENIDA  DIAGONAL, 426

    Postcode

08037  BARCELONA  (Barcelona)

    TELEPHONE 

902636375

    FAX 

933969218

    LEGAL FORM

JOINT STOCK COMPANY

    DATE FOUNDED

03/11/2006

    CAPITAL

64.000,00 Euros

    PAID-UP CAPITAL

16.000,00 Euros

    NUMBER OF EMPLOYEES

2

    ACTIVITY

1616200 - Wholesale of iron & steel

    CNAE

5152 - Wholesale of metals and metal ores

 

 

Synthesis

 

INCIDENTS

 

 

    COMMITMENTS

 

 Respected

    INCIDENTS

 

 None or Negligible

PREVIOUS EXPERIENCE

 

 

    PREVIOUS EXPERIENCE

 

 Normal

 

 

Credit Appraisal

 

CREDIT ACCORDING TO OBJECTIVE DATA (From 0 to 6.000.000,00 Euros):

FAVOURABLE TOWARDS 1.202,02  Max. 

SOLVENCY RATING:

(BASED ON HOMOGENEOUS FORMULATION)

 

 

Legal Actions

 

No legal incidences registered for this company in the official source

No claims registered for this company in the official sources

AFFECTED BY:  No significant elemento

 

 

Main Board members, Directors and

Auditor

 

Position

Surname and name

Date of appointment

SOLE ADMINISTRATOR

ENTRENA CANO ANTONIO

22/12/2006

 

 

 

Financial Links

 

Shareholders

Company Name

 

 

Source

Information Date

ENTRENA CANO ANTONIO

 

Indet.   

OWN SOURCES

11/12/2007

 

 

Proceedings published in the B.O.R.M.E. (Official Mercantile Register Gazette)

 

Proceedings

Date

Notice Num.

Mercantile Reg.

Establishment

22/12/2006

611729

Barcelona

Appointments

22/12/2006

611729

Barcelona

 

 

Remarks for customer

 

Here is our final report as this company was formed this year it is not obliged to file its balance sheet yet.

 

Commercial Experience

General Information

 

Foundation Year  2006

Founder  LA TITULAR ES LA FUNDADORA INICIAL DEL NEGOCIO

 

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