MIRA INFORM REPORT

 

 

Report Date :

10.07.2007

 

IDENTIFICATION DETAILS

 

Name :

AVID TECHNOLOGY INTERNATIONAL B.V.

 

 

Registered Office :

Carmanhall Road, Sandyford Business Centre, Dublin 18

 

 

Country :

Ireland

 

 

Date of Incorporation :

11/08/1993

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Computer and related activities

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 


 

Limit Requested           Maximum

Credit Decision            Credit Refused due to the following reason: 1st annual return overdue

                                     Secured Terms Only

 

 

 

Identification

 

Company Number

1959977

Registered Number

E0903369

Registered Name

AVID TECHNOLOGY INTERNATIONAL B.V.

Enquired As

AVID TECHNOLOGY INTERNATIONAL B.V.

SIC Code

72000, Computer and related activities

Status

Live (Trading accounts yet to be filed)

 

Trading Address

CARMANHALL ROAD, SANDYFORD INTERNATIONAL ESTATE, DUBLIN, IRELAND, TN23 5BY

Telephone Number

003531 207 8200

 

Registered Office

CARMANHALL ROAD, SANDYFORD BUSINESS CENTRE, DUBLIN 18

Previous 1 Registered Office

UNIT 3 , SANDYFORD BUSINESS CENTRE, DUBLIN 18

Incorporation Date

11/08/1993

Issued Capital (£)

-

Type of Accounts

Type not available

Date Accounts Lodged

27/01/2004

Latest Filed Accounts Date

31/12/2001

Date of Analysed Accounts

//-

Date of Analysed Annual Return

//-

Company is

Not Analysed

Insolvency Proceedings

No

Winding Up Petitions

No

 

 

Verbal Confirmation

 

No Answer

 

 

Address Confirmation

 

Unconfirmed

 

 

CCJs

 

Summary

 

Total value of unsatisfied exact match CCJs for the last 6 years = £0

Total value of unsatisfied probable match CCJs for the last 6 years = £0

Total value of unsatisfied possible match CCJs for the last 6 years = £0

 

 

Key Financial Information

 

PROFIT AND LOSS ACCOUNT

No accounts filed

 

BALANCE SHEET

No accounts filed

 

KEY RATIOS

No accounts filed

 

 

Key Filings

 

Date

Description

11/03/2003

Change of director.

 

 

Credit History

 

There is no Credit History for AVID TECHNOLOGY INTERNATIONAL B.V. recorded in the Database

 

 

Trade References

 

There are no Trade References for AVID TECHNOLOGY INTERNATIONAL B.V.

 

 

Assessors Notes

 

We have been unable to confirm if the subject operate with other suppliers on a credit basis.

 

 

Conclusion

 

Credit Refused due to the following reason: 1st annual return overdue

 

 


 

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

 

 

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