MIRA
INFORM REPORT
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Report Date : |
13.09.2007 |
IDENTIFICATION DETAILS
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Name : |
Derlon Trading Corporation |
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Registered Office : |
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Country : |
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Line of Business : |
Distributes
textile machines, spare parts as well as raw materials for these machines,
cotton, for instance, in |
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
Derlon Trading Corporation
Panama
c/o Safeinvest SA
Via Simen 3
6900 Lugano/TI
IDENTIFICATIONS AND COMMUNICATION
NUMBERS
ID-No.
CH4-000-047-271
Phone
091 9237153
Fax
091 9227305
RECOMMENDATION
No extension of credit should be made in
view of the situation A maximum credit cannot be advised in these
circumstances.
RESULTS OF OUR RESEARCH
A company under the said designation is not registered in the Swiss
commercial register.
According to our investigations the company has a mailbox address with
Safeinvest SA in Lugano.
Based on the information available to us the company Derlon Trading Corporation
Proprietors of the requested company are allegedly Italian
citizens. It is however completely
impossible to obtain information about the location of the company's head
office, capital and the manner in which the subject conducts its business
activities.
In addition the company has no status of a legal entity in
Given these circumstances we vividly advise against granting any credits
to the requested entity.
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. |
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%)