MIRA
INFORM REPORT
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Report Date : |
28.05.2008 |
IDENTIFICATION
DETAILS
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Name : |
VINDANA IMPEX |
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Registered Office : |
# 109, Peoples Park, Colombo- 12. |
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Country : |
Sri Lanka |
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Legal Form : |
Partnership Company(In operation) |
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Line of Business : |
Importer and Distributor of Onions and potatoes. |
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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Status : |
Small Concern |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
GENERAL - Basic information at a glance
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Name of Subject of Inquiry |
: |
VINDANA IMPEX |
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Legal Form & Status |
: |
Partnership
Company(In operation) |
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Proprietor |
: |
Mr. Jebastian
Marison Rodrigo |
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Primary Line of Business |
: |
Importer and Distributor of Onions and potatoes. |
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Place of Business |
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# 109, Peoples Park, Colombo- 12. Tel. No: (00 94 11) 533 0359 Fax No: (00 94 11) 245 9635 |
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No. of Employees |
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- Not Disclosed- |
COMPANY DETAILS - Registration and Shareholder Details
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Registration No |
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- Not Disclosed- |
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Date of
Registration |
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- Not Disclosed- |
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Registered
Office |
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- Not Disclosed- |
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Proprietor |
: |
Mr. Jebastian Marison Rodrigo |
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Auditors |
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- Not Disclosed- |
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Bankers |
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- Not Disclosed- |
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FINANCIAL DETAILS - Most recent available
Financial Information
THE COMPANY HAS DECLINED TO
PROVIDE ANY FINANCIAL INFORMATION
Current investigation
·
History.
The Subject
Company VINDANA IMPEX is a
proprietorship Company.
·
Location.
The Subject Company is located at the client
given address # 109, Peoples Park,
Colombo- 12.
·
Operational
Details.
General
The subject company primary
line of business is Importer and
Distributor of Onions and potatoes.
Employees
- Not Disclosed-
·
Financial Data
The company has declined to provide information on
its finances
·
General Comments
The Subject
Company did not respond to our request for an interview to obtain information
to prepare this report and declined to provide any information whatsoever. As
such all information contained in this report has been obtained from other non
formal sources but clearly originating from the company.
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%)