MIRA
INFORM REPORT
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Report Date : |
23.12.2008 |
IDENTIFICATION DETAILS
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Name : |
GLOBAL |
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Registered Office : |
Wavelenght lerocher |
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Country : |
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Year of Establishment : |
1995 |
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Com. Reg. No.: |
M641-09 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Supplying of all kinds of products based on the demands of it's
clients such as Foodstuffs, Raw Materials and Industrial Machineries. |
RATING & COMMENTS
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MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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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Maximum Credit Limit : |
USD 4,000 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Company
Name
Global
Company acronym:
-
Contact Information
|
Address |
Wavelenght lerocher |
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Telephone |
+248 345041 |
|
Fax |
+248 345439 |
Registration Data
|
Date of Registration |
1995 |
|
Registration number |
M641-09 |
|
Legal address |
Wavelenght lerocher |
|
Legal Form |
Private Limited Company |
|
Share Capital |
Not disclosed |
Shareholders
with Shares
It declined all shareholder information.
Board/Executive
|
Name |
Mr. Gopal Venu |
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Position within the company |
Chairman |
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Country of Birth |
Syechelles |
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Nationality |
Syechelles |
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Can fluently speak |
French |
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Name |
Mr. Rondolph Confait |
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Position within the company |
Director |
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Country of Birth |
Syechelles |
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Nationality |
Syechelles |
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Can fluently speak |
French |
Changes in
Registration Data
None recorded
Activities (
realistic and officials)
The subject is involved in supplying of all kinds of products based on
the demands of it's clients such as foodstuffs, raw materials and industrial
machineries.
Staff
|
Number of staff employed |
8 |
Export/Import
( Countries,
goods and total values for the period)
|
Imports From |
|
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Importing Terms |
Letters of Credit |
|
Import % and type of product |
40% - Finished Goods |
Facilities
|
Rented |
Office, Warehouse |
Bankers
|
Bank |
African Development Bank |
Suppliers,
Partners
|
Suppliers |
Not known |
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Partners |
Not Known |
Litigation,
Remarks on Payment
|
Litigation |
None Recorded |
|
Remarks on Payment |
No Complaints |
Financial
Information
It declined all financial information.
Reporter Comments
|
Comments |
In the interview with Mr. Mr. Rondolph Confait refused to
cooperate with us for the reports. |
|
Local Reputation |
The company being investigated is believed by local reporters to be a High Trade Risk and to be
secured. The company is unknown on Syechelles market. |
|
Owner/Shareholders Comments |
Some of the owners / shareholders have an active participation in
the running of the business. |
|
Age of Business |
Old Business |
|
MAX CREDIT |
USD 4,000 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.47.39 |
|
|
1 |
Rs.70.65 |
|
Euro |
1 |
Rs.66.33 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>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 |
|
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%)