MIRA
INFORM REPORT
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Report Date : |
21.03.2007 |
IDENTIFICATION
DETAILS
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Name : |
SERGENT MAJOR
TEXTILE EXPORTS LIMITED |
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Registered Office : |
Omega Court, 1st
Floor, 4, Rega Fereou Street, Limassol, 3095 Limassol |
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Country : |
Cyprus |
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Date of Incorporation : |
19.01.2005 |
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Com. Reg. No.: |
C156558 |
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Legal Form : |
Private Limited Liability Company (offshore) |
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Line of Business : |
Wholesale of textiles. Retail sale of textiles. |
RATING &
COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
Correct Registered
Name
SERGENT MAJOR
TEXTILE EXPORTS LIMITED
Address
Omega Court, 1st
Floor, 4, Rega Fereou Street
Limassol
3095 Limassol CYPRUS
Telephone: +357-25-376886
Fax: +357-25-374930
Email: N/A
Web: N/A
LEGAL STATUS
Legal Form : Private Limited Liability Company
(offshore)
Date of foundation : 2005
Registration
number and city : C156558 Nicosia
Registration date : 19.01.2005
PRINCIPALS
SHAREHOLDERS:
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Full Name |
Function |
Nationality |
EQUITY |
Address |
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SM CYPRUS LIMITED REGISTRATION: Nicosia, CYPRUS |
Shareholder |
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100.00% |
Omega Court, 1st Floor, 4, Rega Fereou Street 3095 Limassol CYPRUS |
MANAGEMENT:
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Full Name |
Age |
Function |
Qualification |
Experience |
Address |
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ADMINICO SECRETARIAL LIMITED |
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Secretary |
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Omega Court, 1st Floor, 4, Riga Fereou street, 3095 Limassol CYPRUS |
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Mr. Philipe Heron |
41 |
Director |
N/A |
N/A |
Lordos Waterfront, 3rd Floor, Suite 302, 163, Spyrou Araouzou street,
Limassol |
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Mr. Niki Neofytou |
40 |
Director |
N/A |
N/A |
Omega Court, 1st Floor, , 4, Riga Fereou Street, 3095 Limassol |
ACTIVITIES
Wholesalers &
Retailers & Exporters
OPERATIONS
NACE
main activity
5141 Wholesale of textiles
5241 Retail sale of textiles
SIC
main activity
2299 Textile Goods, NEC (yarn of flax, hemp, jute, and ramie)
2399 Fabricated Textile Products, NEC (except apparel, automotive seat belts,
and seat and tire covers)
According to the company’s Articles of Association, the company was established
in order to get involved in the Trade of "Sergent Major" products.
IMPORTS
From: Not
Disclosed
Terms: Not Disclosed
EXPORTS
To: Not Disclosed
Terms: Not Disclosed
AGENCIES
Name Country Product
Not Disclosed
TRADE SUPPLIERS
Name Country Product
Not Disclosed
NUMBER OF EMPLOYEES
Not Disclosed
DESCRIPTION OF
PREMISES
HEADQUARTERS:
Despite our
efforts we haven’t been able to trace the company’s offices in Cyprus. The
address given overleaf is that of the official correspondence of the company.
BRANCHES
Not Disclosed
RELATED COMPANIES
Not Disclosed
BANKERS
Not Disclosed
SHARE CAPITAL
Registered capital: CYP
10,000.00 since
19.01.2005
Number of Ordinary: 10,000
Value per share of Ordinary: CYP 1.00
Issued capital: CYP
10,000.00 since
19.01.2005
Number of Ordinary: 10000
Value per share of Ordinary: CYP 1.00
Paid-up capital: CYP
10,000.00 since
19.01.2005
of which paid in cash: CYP
10,000.00
CHARGES
None in current years
FINANCE
No further detailed Financial information is available.
PAYMENT
Unable to comment
GOOD FOR AMOUNT &
TERMS OF INQUIRY
Unable to comment
GENERAL COMMENTS
The present is an International Business Company
- IBC (Offshore Company) registered in Cyprus on 19/01/2005. According to the
company’s Article of Association, the company has been established in order to
get involved in the in the Trade of "Sergent Major" products.
Despite our efforts we haven’t been able to trace the company’s offices in
Cyprus.
This information has not been confirmed. Of course, the Article makes provision
for other activities as well. IBC companies, being covered by the law of
confidentiality, may use nominee shareholders that hold the shares in trust for
beneficial owners. Until recently beneficial owners were made known only to the
Central Bank of Cyprus that used to grant the permission for the company’s
registration in Cyprus. After Cyprus accession in the EU this practice changed.
Beneficial owners of an IBC are now known to the Lawyers/Auditors who affect
the company's registration.
We contacted the official correspondence of the company several times and the
only answer that we were receiving was that they will speak with their client
and they will inform us accordingly. Furthermore we send a questionnaire, up to
date no response was received.
If we received any further information we will reply back to you immediately.
Contact Person
Ms Niki Neofytou
Position
Director
Contact Tel. No.
+357 25376886
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%)