MIRA
INFORM REPORT
|
Report Date : |
06.11.2008 |
IDENTIFICATION
DETAILS
|
Name : |
SHAH, SNEHA |
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Registered Office : |
Quinten Matsijslei 38 , B 3 2018
Antwerpen |
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Country : |
Belgium |
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Date of Incorporation : |
01.07.2003 |
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Legal Form : |
Proprietorship |
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Line of Business : |
Wholesale
business in scrap materials, both metal and non metals, as well as in
recuperation materials. |
RATING &
COMMENTS
|
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 : |
EUR 5.000 |
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Status : |
Small Concern |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name
& address
|
Shah, Sneha |
|
Quinten
Matsijslei 38 , b 3 |
|
2018 ANTWERPEN |
|
Tel.:+32
(0)4-76455729 |
|
Fax.:+32
(0)3-2274810 |
Legal
status
Proprietorship
Founded
01/07/2003 as Prop.
Trade
register
859637853000
Proprietor
-Sneha Shah.
Activity
Wholesale business
in scrap materials, both metal and non metals, as well as in recuperation
materials.
Trade name:
-Parshva Exports
Staff
1 employee.
Real
estate
The business
premises at the mentioned address has been rented by the company, as far as we
know.
Finances
The course of
business and financial affairs
appears to be satisfactory.
Average stocks are held.
The liquid assets
have remained adequate to date.
Remarks
In view of the legal
form subject matter is not required to file a balance sheet.
Stated VAT number is
correct!
Banks
State Bank of India, account no. 668000414208.
VAT-nr.
BE859637853
Mode
of payment
No complaints have
been registered
Credit
demand
No objections
against entering into a business relationship.
A maximum credit
limit of EUR 5.000 is advised
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.47.67 |
|
UK Pound |
1 |
Rs.75.47 |
|
Euro |
1 |
Rs.61.19 |
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 |
|
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 |
|
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 |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
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%)