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MIRA INFORM REPORT

 

 

Report Date :            

14.04.2011

 

IDENTIFICATION DETAILS

 

Name :

J.M.D.INTERNATIONAL, S.R.O. 

 

 

Registered Office :

Na záhonech  18, 14000 Praha 4                                                               

 

 

Country :

Czech Republic

 

 

Date of Incorporation :

21.07.1995

 

 

Legal Form :

Private Limited Company                                                        

 

 

Line of Business :

wholesale of machine tools                                     

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Poor

 

 

Payment Behaviour :

-----

 

 

Litigation :

-----

 


 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – December 31, 2010

 

Country Name

Previous Rating

                   (30.09.2010)                  

Current Rating

(31.12.2010)

Czech Republic

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

Company name & address 

 

J.M.D.INTERNATIONAL, s.r.o.                                                                                          

Na záhonech  18                        

14000 Praha 4                                                              

telephone: 00420/ 241 481 907,  608 770 220                                

e-mail: j.m.d@tiscali.cz               

 

 

company summary

 

Company         Constant business development                         

development                                                                    

 

Terms of        No complaints                                            

payment                                                                         

 

Business         Business connections are not denied connection                                                                     

 

Credit limit       CZK 0,-                                                         

                        EUR 0,-                                                        

                                                                               

Legal form         Private limited company                                                         

 

Foundation         21/07/1995 - Private limited company                             

 

Comp. Register     21/07/1995, Městský soud v Praze, RegNr.: C/38759              

                Statistical number: 63989841                                    

                Tax number: CZ63989841                                         

 

Share Capital      21/07/1995                          CZK           100 000,-    

 

Shareholders       Dewan Rajesh Kumar (05.06.1957)     CZK            60 000,-    

                Athénská 1528/5, 102 00 Praha 10,                              

                Hostivař                                                       

                Rajesh Kumar (04.08.1973)           CZK            40 000,-    

                Athénská 1528/5, 102 00 Praha 10,                              

                Hostivař                                                       

 

Management         Dewan Rajesh Kumar (05.06.1957)                                 

                Athénská 1528/5, 102 00 Praha 10, Hostivař                     

                Executive Manager                                              

                sole power of attorney                                         

 


General Data       wholesale of machine tools                                     

                Main activity:                                                 

                Non-specialised wholesale trade                         

                                                                                

Address:                                                       

                Na záhonech  18, 14000 Praha 4                                 

                Beginning of validity: 15.05.1996                              

                telephone:                                                     

                00420/ 241 481 907,  608 770 220                               

                e-mail:                                                         

                j.m.d@tiscali.cz                                               

                Rilská 3181/2, 143 00 Praha 4-Modřany                          

                Beginning of validity: 21.06.1995                               

                End of validity: 15.05.1996                                    

 

Staff              2011    1 (the proprietor)                                     

Annual Sales       2009    actual sales                                         CZK        10 000 000,-    

                              2010    actual sales                                                      CZK        10 000 000,-    

Property        none                                                           

Remarks     All the sources of negative data accessible to public          

                (insolvency registers, databases of debtors of health          

                insurance institutions, commercial bulletin, collection        

                database are currently monitored.  

                                                                               

                                                                              

                The company contrary to the Act on Accounting does not store   

                its final                                                      

                accounts to the Companies Register.                            

                                                                               

                The company was challenged to fulfil its duty to store its     

                final account at the Companies Register.                       

                                                                               

                                                                                

Bankers            Československá obchodní banka   a. s.                                                          

                                                               

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.48

UK Pound

1

Rs.72.37

Euro

1

Rs.64.42

 

 

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

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

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.