MIRA INFORM REPORT

 

 

Report Date :

15th March, 2007

                                                         

IDENTIFICATION DETAILS

 

Name :

EUROMOHATAR CB

 

 

Registered Office :

Calle  Dalia, 1 52006  Melilla  (Melilla)

 

 

Country :

Spain

 

 

Date of Incorporation :

01.01.1997

 

 

Legal Form :

Joint Pro Perty

 

 

Line of Business :

Ø       Retail sale of food & drinks

Ø       Retail sale of food, beverages and tobacco in specialized stores

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

 

Status :

Small Company

 

 

Payment Behaviour :

--

 

 

Litigation :

Clear

 

 


 

Identification and Characteristics

 

COMPANY SITUATION:                     INACTIVE BY ALL ACCOUNTS

Tax Number                                     E29964376

NAME                                                EUROMOHATAR CB

BUSINESS ADDRESS                        CALLE  DALIA, 1

Postcode                                          52006  MELILLA  (MELILLA)

TELEPHONE                                      952674196

FAX                                                  952676083

LEGAL FORM                                    JOINT PRO PERTY

DATE FOUNDED                                01/01/1997

NUMBER OF EMPLOYEES                 4

ACTIVITY                                          1647100 - Retail sale of food & drinks

CNAE                                                5220 - Retail sale of food, beverages and tobacco in specialized stores

* Characteristics of the main address

According to our investigations dated 30/11/2005  these premises are  rented  used as store  located in a  secondary  commercial area .

 

 

Synthesis

 

Company situation:

   INACTIVE BY ALL ACCOUNTS (Date: 01/09/2003)

SOLVENCY RATING:

 (BASED ON HOMOGENEOUS FORMULATION)

 

 

Legal Actions

 

No legal incidences registered for this company in the official source

No claims registered for this company in the official sources

AFFECTED BY:  No significant elemento

  

 

Main Board members, Directors and Auditor

 

Position

Surname and name

Date of appointment

ADMINISTRATOR

ABDELKADER ABDELKADER ABSELAN

30/11/2005

 

 

Financial Links

 

Shareholders

Company Name

 

 

Source

Information Date

ABDELKADER ABDELKADER ABSELAN

 

Indet.   

OWN SOURCES

30/11/2005

 

 

 

Branches

 

Road

Postal Code

Town

Province

GENERAL ASTILLEROS

52006

MELILLA

MELILLA

 

 

 

Commercial Experience

 

SALES

Collection (estimated)

Cash sales percentage    100 %

 

 

Bank Entities

 

Entity

Branch

Branch Address

Town

Province

BANCO BILBAO VIZCAYA ARGENTARIA, S.A.

4220

GENERAL PAREJA, 11

MELILLA

MELILLA

 


 

 

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