MIRA INFORM REPORT

 

 

Report Date :

03.10.2007

 

IDENTIFICATION DETAILS

 

Name :

FINKOFF MICHEL

 

 

Registered Office :

39 B Avenue Dauphine, 45100 Orleans Fr

 

 

Country :

France

 

 

Date of Incorporation :

01 October 1981

 

 

Com. Reg. No.:

81A00519

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Wholesale of coffee, tea, cocoa and spices

 

 

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.

Small

 

Maximum Credit Limit :

7500 EUR

 

 

Status :

Small Company

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

name & address

 

FINKOFF MICHEL

39 B AVENUE DAUPHINE

45100 ORLEANS FR

 

 

Business founded

01 October 1981

Registration number,

81A00519, ORLEANS,

Trade name,

THES BLUE BIRD,

party identification,

322945056,

Legal form

Sole proprietorship

Activities

Wholesale of coffee, tea, cocoa and spices

Payment experience

Payment regular

Credit opinion

Normal creditworthiness

 

Maximum credit limit 7500 EUR is advised

 

Cash situation (balance sheet analysis) : Sufficient 

 

Commitments (regarding contractual obligations) : Completely fulfilled 

 

Payment defaults : None 

 

No Match! : Good 

Management

FINKOFF MICHEL   (Part-) Owner

Employees (Business)

 0

 

 

 

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.

 

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