MIRA
INFORM REPORT
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Report Date : |
20.06.2007 |
IDENTIFICATION DETAILS
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Name : |
Baring Ltd |
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Registered Office : |
Av. Louis-Casai 19 1209 Geneve/GE |
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Country : |
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RATING & COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Undetermined |
name & address
Baring Ltd
Av. Louis-Casai 19
1209 Geneve/GE
Phone 022 5948025
Fax 022 5948025
RECOMMENDATION
Since the company does not appear to conduct any activities locally and
third parties are unable to gain insight into the financial situation, it is
not possible to make a recommendation on credit extension to the company. The
company should be requested to provide adequate proof of security.
RESULTS OF OUR RESEARCH
This company is not
registered in the commercial register, neither in
All calls to the referred to
phone number 022/5948025 are immediately diverted to the fax machine.
We have therefore mailed a
fax and are expecting a possible answer.
According to the telephone
directory service, the said number is an in-house number of a company called
"j2 Global Communications", Muertschenstrasse 27, 8048
On your request you mention
the name of Mrs. Sandra Roch, phone
079/652354. This number is not correct - one numeral is missing.
In addition, a person by the
name of Sandra Roch is not known to any of our available sources.
Moreover, the address av.
Louis-Casai 19 does not appear to exist - no subscribers are registered in the
telephone directory under this address.
On the contrary, ther exists av. Louis-Casai 18.
We apologize for not being
able to provide you with any more satisfactory information.
Thank you for your
comprehension.
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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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%)