MIRA
INFORM REPORT
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Report Date : |
09.02.2008 |
IDENTIFICATION
DETAILS
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Name : |
A & R FASHION |
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Registered Office : |
125 Ealing Rd Wembley Middlesex Ha0 4BP |
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Country : |
United Kingdom |
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Date of Incorporation : |
1989 |
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Legal Form : |
Partnership |
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Line of Business : |
Retailers of Womens Clothing |
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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Maximum Credit Limit : |
£ 10,000 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name of the company
A & R FASHION
Legal Events
Number of Court
Judgments 0
Value of all Court
Judgments 0
Number of
Mortgages and Charges 0
Associations
Parent Company No
Number of Principals 2
Identification
Main Trading
Address
125 EALING RD
WEMBLEY
MIDDLESEX
HA0 4BP
UNITED KINGDOM
Telephone Number 020-8903-3269
ID Number
54-895-6978
Line of Business (SIC)
WOMENS CLOTHING RETAILERS
(5621)
CHILDRENS CLOTHING RETAILERS (5641)
RISK OF
BUSINESS FAILURE
LOWER THAN AVERAGE
Maximum Credit
£ 10,000
Maximum amount on monthly open credit terms.
Failure
Score 79 out of 100
21% of UK businesses have a lower
risk of failure.
Delinquency
Score 16 out of 100
84% of UK businesses have a lower
risk of paying significantly late.
§
Delinquency Score predicts the likelihood that a business will pay
delinquently (90 days+) within the next 12 months
Main Influencing Factors for Risk Evaluation
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There are few or no negative lead up events associated with the
principals of this business.
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This business is well-established.
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We do not hold financial information on this business or it is out of
date.
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We do not have trade data on this business.
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There are no outstanding CCJs or Scottish Decrees for this business or
they are not material to the
risk assessment.
Rating & Score - Industry
Sector Comparison
Commentary
- Today's Failure Score of 79 indicates that A & R FASHION is less likely to fail than industry average.
- Total number of businesses in the same industry group as A & R FASHION : 15,325
- Average Industry Score: 32
Payment Industry Comparison
Shown below is an industry comparison based on
the 5,977 other businesses in same industry group as A & R
FASHION where the agent has payment experiences.
Industry Payment Behaviour
Upper quartile (top 25%) pays
within terms Paydex of 80
Median (middle 50%) pays 6
days beyond terms Paydex of 76
Lower quartile (bottom 25%) pays 21
days beyond terms Paydex of 62
Public Notice information is added to the agents Database and, if
present, will appear in this section. This section was last updated from
public sources on 08 Feb 2008.
Judgements
Year Total Judgments Total Value Closed Judgements Value (Closed)
2008 0 0 0 0
2007 0 0 0 0
2006 0 0 0 0
2005 0 0 0 0
2004 0 0 0 0
2003 0 0 0 0
Total 0 0
0 0
Mortgages and Charges
Number of registered charges: 0
Legal Filing Summary
All public notice information has been obtained in good faith from the
appropriate public sources.
Mr D Aggarwal, Partner
No other current associations
Mrs N Aggarwal, Partner
No other current associations
Branches
A & R FASHION has 1 branch(es) or division(s)
Address
180 Ealing Rd
Legal Structure
Legal Form Partnership.
Date Started 1989
Operations
Operating as SIC
Code NACE Code UK SIC Code
WOMENS CLOTHING RETAILERS 5621 52.42 52.423
CHILDRENS CLOTHING RETAILERS 5641 52.42 52.422
Clothing retailers.
Other Operating Details
Employees 4
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%)