MIRA
INFORM REPORT
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Report Date : |
22.09.2007 |
IDENTIFICATION DETAILS
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Name : |
CARGIL AGRICOLA S A |
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Registered Office : |
The |
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Country : |
Turks & Caicos Islands |
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Date of Incorporation : |
August 31, 1998 |
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Com. Reg. No.: |
493 |
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
CARGIL AGRICOLA S A
THE
P.O.
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
BUSINESS HISTORY
Cargil Agricola S A is an offshore company legally registered in the
Turks & Caicos Islands and operating elsewhere. The company was registered
on August 31, 1998. Registration Number:
493.
REGISTERED AGENT
Temple Trust Company Limited was the registered agent for Cargil
Agricola S A Limited. A correspondence from the Corporate Administrator of
Temple Trust Company Limited indicated that they were no longer the registered
office and that the corporate were now being held at the law offices of Miller
Simons O’Sullivan.
COMPANY STATUS
The records show that the company is in good standing with the Financial
Services Commission/Company Registry in the Turks & Caicos Islands.
COMMENTS
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 queries should be
directed to Adrian Corr at the law offices of Miller Simons O’Sullivan. 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%)