MIRA INFORM REPORT
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Report Date : |
23.12.2008 |
IDENTIFICATION DETAILS
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Name : |
YANS AMIR LIMITED |
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Registered Office : |
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Country : |
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Date of Incorporation : |
21.11.1996 |
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Com. Reg. No.: |
C82658 |
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Legal Form : |
Private Limited Liability Company |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
Correct Registered Name
YANS AMIR LIMITED
Address
Legal Status
Legal Form:
Private Limited Liability Company
Private Limited Liability Company: It is incorporated by one or more individuals
or companies (maximum: 50). It is managed by a board of directors consisted of
minimum two individuals or juridical persons. Capital is required. The
shareholders are liable for the companys debts to the extent of their
respective interests in the capital. Its shares are not to be sold through
public subscription. Private Limited Liability companies are obliged to file
their accounts with the Registrar of Companies (Company Registry).
Registration number and city
C82658
Registration date
21.11.1996
company Status
Registration status: 14.02.2007 - company is
dormant
Activity status: 14.02.2007 - company is dissolved
General COMMENTS
Please be informed that According to the Official
Companies Registry House, the subject is in question has been dissolved since
14.02.2007. Please also be informed that the address, telephone and fax numbers
you provided us with on your inquiry do not match with the subject as there are
other companies located there at the current stage. Please also note that we
hold no previous records of the company in question.
CREDIT RISK EVALUATION
A credit rating assesses the credit worthiness of a company. A poor credit rating indicates a high risk of defaulting on a loan. A Credit rating is estimated based on an analysis of commercial, financial and trading data.
MAXIMUM CREDIT RECOMMENDED
The amount advised is a
recommended maximum credit exposure at any one time.
CYPRUS-FACTS AND FIGURES
Population: 792,604
Area: 9,251 SQ KM (about 35.4 percent of land is under Turkish control, and a
further 1.8 percent forms part of the buffer zone along the cease-fire line.)
Capital:
Currency: Euro
Currency Code: EUR
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GDP (Purchasing Power Parity): $36.53
Billion |
GDP - Composition by Sector: |
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GDP (Official Exchange Rate):$21.3 Billion
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Agriculture: 2.7% |
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GDP - Real Growth Rate:4.4% |
Industry: 19.2% |
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GDP - Per Capita (PPP): $46,900 |
Services: 78% |
Industries:
Tourism,
Food And Beverage Processing, Cement And Gypsum Production, Ship Repair And
Refurbishment, Textiles, Light Chemicals, Metal Products, Wood, Paper, Stone,
And Clay Products.
The area of the
Tourism, financial services and real estate
are the most important sectors.
Erratic growth rates over the past decade
reflect the economy's reliance on tourism.
The economy in the area under government
control grew by an average of 3.6% per year during the period of 2000-06, well
above the EU average.
LAST UPDATED: JUNE 2008
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.48.49 |
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1 |
Rs.71.89 |
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Euro |
1 |
Rs.67.86 |
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%)