MIRA INFORM REPORT

 

 

Report Date :

6th February, 2007

 

IDENTIFICATION DETAILS

 

Name :

CHAWICH ISLAH "MARAC 10 WOOD PRODUCTS"

 

 

Registered Office :

5 Meletiou Piga, 11636, Athens, Attiki

 

 

Country :

Greece

 

 

Date of Incorporation :

23.05.2006

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Imports and wholesale trade of lumber.

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

New Concern

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 

 


Company Name & Address

 

CHAWICH ISLAH "MARAC 10 WOOD PRODUCTS"

5 Meletiou Piga

11636, Athens, Attiki

Tel.       : 210 9249956

Fax       : 210 9249956

E-mail   : athens2004@hotmail.com

Sector  :  Trade (Paper - Wood - Cork)

 

 

Year Established

 

23-05-2006

 

 

Owner         

 

Islah Chawich

 

 

FINANCIAL STATUS   

 
-                                               
         
 

PAYMENT RECORD     

 
Prompt                                          
         
 

TREND              

 
Under development
 
 

TAX REGISTR. No

 
026059221
 
 

LEGAL FORM

 
Sole Proprietorship   
                                

DATE ESTABLISHED

 
23/05/2006  by Islah Chawich
 
                           

HEAD OFFICE

 
Athens, Attiki  
 
                                       

DURATION

 
For an indefinite period of time
 
 

ACTIVITY

                                                                  
Imports and wholesale trade of lumber
 
 

PREMISES (as declared )

 
--
 
                                                       

HEAD OFFICE

 
5 Meletiou Piga, 116-36 Athens, Attiki, rented.
 
 

STAFF

 
                                                                       
Employees      :  2 persons

 

 

FINANCIAL DATA

                                                              
As subject is a newly established economic unit, financial details are not available.

 

 

BUSINESS TRANSACTION INDEX   

                                                 
Subject                                                                       
                                                                               
                               2007        2006        2005      2004       2003                       
                               ----           ----           ----           ----          ----                       
 Group 1:                 5*(5.00)    5*(5.00)     --            --             --                        
 Group 2:                 5*(5.00)    5*(5.00)     --            --             --                        
 Group 3:                 5*(5.00)    5*(5.00)     --            --             --                        
 Total  :                    5*(5.00)    5*(5.00)     --            --             --                        
                                                                               
Final Result: 5Stars (5.00)                                                   
                                                                               
Index: 5*, 4*, 3*, 2*, 1*, NA (Not applicable)

 

 

CREDIT APPRAISAL

 

We cannot comment on a credit limit for the requested firm.

 

 

BANKS

 
Laiki Bank (HELLAS) S.A.                                                      
Head Office (tel.:21-03350000)

 


 

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

 

 

 

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