MIRA INFORM REPORT

 

 

Report Date :           

09.08.2011

 

IDENTIFICATION DETAILS

 

Name :

BLUE FLAME TRADING LDC

 

 

Registered Office :

60 Market Square Belize City Belize

 

 

Country :

United States 

 

 

Date of Incorporation :

Not Available

 

 

Com. Reg. No.:

Not Available

 

 

Legal Form :

Limited Duration Company

 

 

Line of Business :

Trading Company

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Undetermined

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

United States 

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 Bottom of Form

 

GEOPOLITICS - BELIZE

 

POLITICAL DATA

ECONOMIC DATA

Form of Government: Commonwealth Realm - Parliamentary system


Economic Risk: High

Currency: 100.00 BZD  =  50.3967 USD

Branch Situation: Stable

 

 

IDENTIFICATION

 

Ordered as:

Blue Flame Trading LDC

Address in the order:

60 Market Square Belize City Belize

 

 

Legal Name:

BLUE FLAME TRADING LDC

 

 

Legal Address

60 Market Square Belize City Belize (not verified)

 

 

Telephone:

NA

Registration Number :

NA

Fax:

NA

Legal Form:

Limited Duration Company

Email:

NA

Registered in:

Belize

Website:

http://www.blueflametrading.com

Date Created:

NA

Manager:

Cody M. Jones, Managing Partner (not verified)

Date Incorporated:

NA

Staff:

NA

Stock:

NA

 

 

Value:

NA

Activity:

Trading company

 

 

BUSINESS

 

PRINCIPAL ACTIVITY

 

Dear client, your order was on:

 

BLUE FLAME TRADING LDC

60 Market Square Belize City Belize

 

The company operated as a trading company in Belize, dedicated to the Liquefied petroleum gas operations.

 

As we couldn’t have any contact information in Belize, we called an affiliated in the US:

 

Blue Flame Capital LLC

1915 Craigmore Drive

Charlotte, NC 28226-6207

704) 366-6460  

 

We were told by the managing assistant that BLUE FLAME TRADING LDC was momentarily inactive.

 

We couldn’t verify Mr. Cody M. Jones as being part of the company’s structure.

 

We suggest working with the precautions of this case.



Rating

 

Local credit bureau did not rate this company.

 

The company is not in Good Standing. This means that some local and federal taxes were not paid on due date.

 Final Opinion

 

The company requested has no current operations.

 

The information provided in this report, as current address and managing position, couldn’t be verified.

 

The only contact we made was with an affiliated, which explained to us the current situation of the subject.

 

We suggest working with caution.



SUMMARY

 


FINANCIAL SUMMARY


DEBT COLLECTIONS AND PAYMENTS

Profitability

N.A.

Public

NO

Indebtedness

N.A.

Payments

N.A.

Cash

N.A.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.96

UK Pound

1

Rs.73.94

Euro

1

Rs.64.56

 

 

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

----

NB

New Business

----

 

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.