MIRA
INFORM REPORT
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Report Date : |
24.04.2008 |
IDENTIFICATION
DETAILS
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Name : |
ALLIANCE MACHINERY HOUSE |
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Registered Office : |
# 412, Sri Sangaraja Mawatha Colombo -12 . |
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Country : |
Sri Lanka |
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Legal Form : |
Partnership Company |
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Line of Business : |
Importers and Dealers of all kind of Steel Items. |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Small Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
GENERAL - Basic information at a glance
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Name of Subject of Inquiry |
: |
ALLIANCE MACHINERY HOUSE |
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Legal Form & Status |
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Partnership
Company (In operation) |
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Managing Partner |
: |
- Not Disclosed- |
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Primary Line of Business |
: |
Importers & Dealers of all kind of Steel items. |
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Head Office & Place of
Business |
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# 412, Sri Sangaraja Mawatha Colombo -12 . Tel. No: (00 94 11) 247 3354 Fax No: (00 94
11) 234 5947 |
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No. of Employees |
: |
- Not Disclosed- |
COMPANY DETAILS - Registration and Shareholder Details
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Registration No |
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- Not Disclosed- |
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Date of
Registration |
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- Not Disclosed- |
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Registered
Office |
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- Not Disclosed- |
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Partners. |
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- Not Disclosed- |
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- Not Disclosed- |
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Authorised Share
Capital |
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- Not Disclosed- |
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Secretaries
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:
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- Not Disclosed- |
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Auditors |
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- Not Disclosed- |
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Bankers |
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-Not Disclosed- |
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FINANCIAL DETAILS - Most recent available Financial
Information
THE COMPANY HAS
DECLINED TO PROVIDE INFORMATION ON ITS FINANCES
Current investigation
·
History.
The Subject Company ALLIANCE MACHINERY HOUSE is a
Partnership Company.
·
Location.
The Subject Company is located at the client
given address # 412, Sri Sangaraja
Mawatha
Colombo -12 .
·
Operations
Details.
General
The subject company primary
line of business is an Importers &
Dealers of all kind of Steel items.
Products
Steel items.
Import Country
India
Employees
- Not Disclosed-
·
Financial Data
The
company has declined to provide information on its finances
·
General Comments
The Subject Company has refused to provide
any information to prepare this report and declined to disclose any operational
or financial information and as such all information in this report has been
obtained from other non-formal sources but clearly originating form the company
·
Trade references
The subject
company did not provide any trade reference referrals
·
Credit
Recommendations
Since no financial information has been forthcoming
from the company, it is not possible to comment on the merits or otherwise of
the company.
No computerised data bases exist to make
checks whether the partners or the company has any legal action or lawsuit initiated against any of them but informal
(but not in-depth) checks do not indicate any such cases in the public
knowledge.
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%)