MIRA
INFORM REPORT
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Report Date : |
16th
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
LUXMI IMPEX |
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Registered Office : |
# 151, Old Moor Street, Colombo-12. |
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Country : |
Sri
Lanka |
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Legal Form : |
Proprietorship Company |
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Line of Business : |
Importers and Distributors of Soya |
RATING & COMMENTS
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MIRA’s Rating : |
NR (No
Rating) (Insufficient Information) |
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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 |
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Status : |
Undetermined |
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Payment Behaviour : |
-- |
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Litigation : |
-- |
GENERAL
Basic information at a glance
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a. |
Name
of Subject of Inquiry |
: |
LUXMI IMPEX |
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b. |
Legal Form
& Status |
: |
Proprietorship Company (In Operation) |
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c. |
Proprietor |
: |
Mr. Maheswaran |
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d. |
Primary
Line of Business |
: |
Importers and Distributors of Soya. |
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e. |
Head Office & Place of Business |
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# 151, Old Moor Street, Colombo-12.
Tel. No: (00 94 11) 233 1257 Fax No: (00 94 11) 244 9359 |
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h. |
No. of Employees |
: |
-Not Disclosed- |
COMPANY DETAILS
Registration and Shareholder Details
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a. |
Registration
No |
: |
-Not Disclosed- |
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b. |
Date of
Registration |
: |
-Not Disclosed- |
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i. |
Auditors |
: |
-Not Disclosed- |
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k. |
Bankers |
: |
-Not Disclosed- |
CURRENT INVESTIGATION
The Subject Company LUXMI IMPEX is Proprietorship Company.
The subject
company is located at the client given address # 151, Old Moor Street,
Colombo-12.
The subject
company LUXMI IMPEX, primary line of
business is Importers and Distributors
of Soya.
The subject company very
categorically declined to be interviewed or to provide any information
whatsoever to prepare this report and declined to provide any operational or
financial information and as such all information in this report has been
obtained from other non-formal sources but clearly originating from the
company.
No computerised
data bases exist to make checks whether the promoters or the company has any
legal action or lawsuit initiated against any of them but informal (but not
in-depth) checks do not indicate any such cases in the public knowledge.
The subject company provided no trade reference referrals either.
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/normal. |
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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