MIRA INFORM REPORT

 

 

Report Date :

23.06.2007

 

IDENTIFICATION DETAILS

 

Name :

UNIVERSITY OF MANCHESTER

 

 

Registered Office :

Department Of Earth Sciences, Williamson Building, Oxford Road, Manchester, Lancashire, M13 9PL

 

 

Country :

United Kingdom

 

 

Date of Incorporation :

22.10.2004

 

 

Legal Form :

University

 

 

Line of Business :

Higher Education

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


 Identification

 

Company Number

771992

Name

UNIVERSITY OF MANCHESTER

Enquired As

THE UNIVERSITY OF MANCHESTER

SIC Code

80300, Higher education

Status

Active

Date Commenced Trading

22/10/2004

Number of Employees

11330

 

Address

DEPARTMENT OF EARTH SCIENCES, WILLIAMSON BUILDING, OXFORD ROAD, MANCHESTER, LANCASHIRE, M13 9PL

Telephone Number

0161 275 3827

Fax Number

0161 275 3947

 

 

Verbal Confirmation

 

Answer machine

 

 

Address Confirmation

 

The current address has been confirmed

 

 

Bankruptcies

 

No matched data has been found

 

 

CCJs

 

Date

Amount

Court

Case No.

Status

Note

01/11/2006

£385.00

NORTHAMPTON CCBC

6XQ55570

Cancelled, 30/11/2006

 

(Trading as: UNIVERITY OF MANCHESTER) MANCHESTER, LANCASHIRE, M13 9PL

 

 

Contact(s)

 

Ms ANNA WINGRAVE 

 

 

 

 

 

Verbal Confirmation

 

No confirmation

 

 

Address Confirmation

 

Unconfirmed

 

 

Bankruptcies and Individual Voluntary

Arrangements

 

No matched data has been found

 

 

CCJs

 

No matched data has been found

 


Directorship Connections

 

No matched data has been found



Credit History

 

There are 3 requests recorded in the Database since 13/08/2000

 

Date

Limit Requested

Credit Decision

13/08/2000

Maximum 

£5,000 

24/09/2000

Maximum 

£2,500 

13/01/2005

£20,000 

£2,500 

 

 

Trade References

 

There are no Trade References for UNIVERSITY OF MANCHESTER

 

 

 

 

 

 

 

 

Assessors Notes

 

In October 2004 The Victoria University of Manchester and UMIST combined to form The University of Manchester. UMIST can be traced back to 1824 , whilst The Victoria University of Manchester was founded as Owens College in 1851.


The University of Manchester receives funding in excess of £216m per year from a number of resources including; UK Research Councils, UK Government Departments, the National Health Service, major UK charities & the Higher Education Funding Council for England (HEFCE)


We have been unable to confirm a contact name for the person responsible for purchasing. (Possible contact - Anna Wingrave, Faculty of Life Sciences, Finance Assistant)


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

 

 

Conclusion

 

We would recommend a maximum credit limit of £50,000

 

 


 

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