MIRA
INFORM REPORT
|
Report Date : |
27.10.2008 |
IDENTIFICATION DETAILS
|
Name : |
GLOBAL HYDRAULICS LIMITED COMPANY |
|
|
|
|
Registered Office : |
26 |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
28.09.1986 |
|
|
|
|
Com. Reg. No.: |
86/02841/06 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Repairs of Hydraulics Equipments, and Importer
of Hydraulics and Oil Hydraulics Equipments. |
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 |
|
Maximum Credit Limit : |
USD6,000.00 |
|
|
|
|
Status : |
Small Company |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
Company
Name
Global Hydraulics Limited Company
Company acronym:
-
Contact Information
|
Address |
26 Central Avenue Eastleigh Ocra Max City Building Reny Ollier St Port Louis Mauritius |
|
Postal Address |
- |
|
Telephone |
+ 27 83 3313140 |
|
Fax |
+ 27 83 3313140 |
|
Email |
- |
|
Website |
- |
|
Other Information |
- |
Registration Data
|
Date of Registration |
28/09/1986 |
|
Registration number |
86/02841/06 |
|
Legal address |
26 Central Avenue Eastleigh Ocra Max City Building Reny Ollier St Port Louis Mauritius |
|
Legal Form |
Private Limited Company |
|
Share Capital |
|
|
Other Registration Data |
- |
Shareholders
with Shares
It declined the shareholder names.
Board/Executive
|
Name |
Mr. Motassim Matsuura |
|
Position within the company |
Director |
|
Country of Birth |
Mauritius |
|
Nationality |
Mauritian |
|
Can fluently speak |
English |
|
Name |
Mrs. Angele Issur |
|
Position within the company |
Secretary |
|
Country of Birth |
Mauritius |
|
Nationality |
Mauritian |
|
Can fluently speak |
English |
Changes in
Registration Data
None recorded
Activities (
realistic and officials)
The subject is involved in repairs of hydraulics
equipments, and importer of hydraulics and oil hydraulics equipments.
Staff
|
Number of staff employed |
10 |
Export/Import
( Countries, goods and total values for the period)
|
Imports From |
Austria, China, UK, Malaysia |
|
Importing Terms |
Letters of credit |
|
Import % and type of product |
100% - Raw Materials |
|
Exports To |
- |
|
Exporting Terms |
- |
|
Export % and type of product |
- |
Facilities
|
Rented |
Office, Warehouse, Workshop |
|
Premises Size |
- |
Subsidiaries
and Participation
|
Parent Company |
- |
|
Subsidiaries |
|
|
Affiliates |
- |
Branches
|
Address |
- |
Bankers
|
Bank |
Commercial Bank of Mauritius |
||
|
Branch |
Newton |
||
|
Address |
|
||
|
Telephone |
- |
Suppliers,
Partners
|
Suppliers |
Not known |
|
Partners |
Not Known |
Litigation,
Remarks on Payment
|
Litigation |
None Recorded |
|
Remarks on Payment |
No Complaints |
Financial
Information
It declined all financial information.
Representation
|
Auditors |
- |
|
Solicitors |
- |
Reporter Comments
|
Comments |
In the interview conducted with Mrs. Angele
Issur, she have refused to co-operate
with local reporters in confirming/providing information. The registered name of company is Global
Hydraulics Limited Company . |
|
Local Reputation |
The company being investigated is believed by local reporters to be a High Trade Risk and to be
secured. The company is not known on Mauritius market. |
|
Owner/Shareholders Comments |
All or most of the owners / shareholders have an active participation in
the running of the business. |
|
Age of Business |
Old Business |
|
MAX CREDIT |
USD6,000.00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.77 |
|
UK Pound |
1 |
Rs.79.78 |
|
Euro |
1 |
Rs.63.36 |
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 |
|
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%)