MIRA
INFORM REPORT
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Report Date : |
01.12.2008 |
IDENTIFICATION
DETAILS
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Name : |
JSC BALTIK WHEEL |
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Formerly Known as : |
SC WITH GERMANY |
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Registered Office : |
Pramones str. 3 78138 Siauliai |
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Country : |
Lithuania |
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Financials (as on) : |
2007 |
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Date of Incorporation : |
07.03.1994 |
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Com. Reg. No.: |
110599930 |
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Legal Form : |
Private Joint-Stock Company |
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Line of Business : |
Manufacture of Bicycles and Invalid Carriages |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
EUR 1.000.000,00 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name of the company
International Name: JSC BALTIK WHEEL
BALTIK VAIRAS UAB
Principal Address
Pramones str. 3
78138 Siauliai
Lithuania
Tel: +370-41-599111
Fax: +370-41-599119
Email: info@baltikvairas.lt
Internet: www.baltikvairas.lt
Registered office:
Pramones str. 3
78138 Siauliai
Lithuania
Former company
names
State manufacture of
bicycles and motorcycles, valid since 1948 valid until 1993
JSC with Germany, valid since 1993 valid until 1994
SC with Germany, valid since 1994 valid until 12.07.2005
JSC Batlik Vairas, valid since 12.07.2005
Former company addresses
Former Principal Address:
Tilzes str. 74
Siauliai
Lithuania
ICON number
60223890
National ID
110599930
VAT number
LT105999314
CREDIT INFORMATION SUMMARY
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Insolvency Information: |
According to available information sources the company is not in a
insolvency/preliminary/debt regulation proceeding. |
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Maximum Credit: |
EUR 1.000.000,00 |
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Payment Practices: |
Payments are made according to terms |
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Debt Collection: |
There is no record of any debt collection action against this company
exceeding a single case volume of EUR 500. |
COMPANY DETAILS
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Established: |
07.03.1994 |
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Registration: |
No. 110599930 |
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Legal Form: |
12.07.2005 |
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Capital: |
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Shareholders: |
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Management: |
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Related Companies: |
Branch |
KEY DATA ON OPERATIONS
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Subject of
Operation: |
NACE |
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Turnover: |
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Key Data:
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Workforce: |
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Motor Vehicles: |
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Imports: |
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Exports: |
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Major Suppliers: |
PATHERWERKE AG (DE) |
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Real Estate: |
Office |
FINANCIAL INFORMATION
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Financials:
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Approximate Exchange Rates: |
2007: 3,4528 LTL = 1 EUR |
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Bankers: |
HANSABANKAS -
Account no. LT32 7300 0100 0010 2785 |
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Ratios:
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ADDITIONAL INFORMATION
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Contact With
Company: |
The information above was confirmed by the
company`s financial director Mrs. Danute Bekeriene. |
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VAT registration
details: |
Date of registration: 01.05.1994 |
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.50.09 |
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UK Pound |
1 |
Rs.76.68 |
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Euro |
1 |
Rs.63.48 |
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%)