MIRA
INFORM REPORT
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Report Date : |
06.05.2008 |
IDENTIFICATION
DETAILS
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Name : |
MAGMA WORLD LIMITED |
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Registered Office : |
60 Fulbridge Road, Peterborough, PE1 3LB |
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Country : |
United Kingdom |
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Date of Incorporation : |
18.07.2007 |
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Com. Reg. No.: |
06316928 |
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Legal Form : |
Private Limited Liability Company (GB) |
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Line of Business : |
Supplying all Wholesalers in Europe and the UK With Granite,
Marble, Tiles and Gang Saw Slabs. |
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 : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
Company Identification Details
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Subject Reported on |
MAGMA WORLD LIMITED |
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Registered Office |
60 Fulbridge Road, Peterborough, PE1 3LB |
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Assurances in the form of guarantees may be necessary
especially if the Credit Limit assigned is required to be exceeded |
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Official Company Data
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Legal Form |
Private Limited Liability Company (GB) |
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Registration Number |
06316928 |
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Date of Incorporation |
18/07/2007 |
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Registered Office |
60 Fulbridge Road, Peterborough, PE1 3LB |
Recently Filed Documents
Details
of the most recent documents
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Date
Received |
Description |
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It should be noted that there is no legal requirement to
file satisfaction details of mortgages/charges at Companies House. |
Known Directors
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DIRECTOR |
MR MANJIT KAUR |
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Occupation |
DIRECTOR |
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Address |
135 NEWARK AVENUE, , PETERBOROUGH
, CAMBRIDGESHIRE , PE1 4NL |
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Country of Origin |
INDIAN |
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Date of Birth |
08/03/1948 |
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Appointment Date |
18/07/2007 |
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Other Appointments |
HEATHER FINANCIAL SERVICES (STAMFORD) LTD, HEATHER
PROPERTY DEVELOPMENTS LTD |
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SECRETARY |
MR GURDEEP SINGH |
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Address |
60 FULBRIDGE ROAD, , PETERBOROUGH , CAMBS
, PE1 3LB |
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Country of Origin |
BRITISH |
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Appointment Date |
18/07/2007 |
Recently Resigned Directors (last
3)
None
Share Summary
Share information is not held for this company.
Mortgages and Charges
There
are no mortgages
Public Record Information
Summary
of CCJ's/Scottish Decrees
There are no unsatisfied CCJs against the company.
Operations
Sic Code Description
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%)