MIRA
INFORM REPORT
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Report Date : |
17.09.2007 |
IDENTIFICATION DETAILS
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Name : |
THE NORMANDY GROUP S.A. |
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Registered Office : |
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Country : |
Turks & Caicos Islands |
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Date of Incorporation : |
June 6, 1994 |
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Com. Reg. No.: |
E13152 |
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
THE NORMANDY GROUP
P.O.
LEEWARD HIGHWAY
PROVIDENCIALES
TURKS & CAICOS ISLANDS
Total Amount : $ N/S
Monthly Payments : $
Company Started : See Remarks
x
Partnership Employs : See Remarks
Proprietorship Sales : See Remarks
OTHER RATINGS : See Remarks
HISTORY/LEGAL
The Normandy Group S.A. is an offshore company legally registered in the Turks & Caicos Islands but operating elsewhere. The company was registered on June 6, 1994 with authorized capital of US$5,000 into 5,000 shares of US$1 each. Registration # E13152.
REGISTERED AGENT
Temple Trust Company Limited
Leeward Highway
Providenciales
Turks & Caicos Islands
Tel: (649) 946-5867 or 946-5740
Fax: (649) 946-5739
BANKERS
Fortis Bank N.V., Herengracht 548 1017CG,
COMPANY STATUS
The show that the company is in good standing with the Financial Services Commission/Company Registry in the Turks & Caicos Islands.
SUMMARY
Under the International Business Companies Act, companies are not required to file information on directors, shareholders or owners. All details are maintained by the local registered agent which provides administration for the company. It is suggested that all communication should be sent to Temple Trust Company Limited, the local registered agent. Should we receive any other information an updated report will be sent to you.
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%)