MIRA INFORM REPORT

 

 

Report Date :           

10.08.2011

 

IDENTIFICATION DETAILS

 

Name :

RADIAL EUROPE LIMITED 

 

 

Registered Office :

Flat 20 Ashley Court, 29 Loates Lane, Watford, Wd17 2pj       

 

 

Country :

United Kingdom 

 

 

Date of Incorporation :

20.042011

 

 

Com. Reg. No.:

07610695

 

 

Legal Form :

Private limited with Share Capital

 

 

Line of Business :

----

 

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

 

Maximum Credit Limit :

£500

 

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

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 Kingdom 

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


REGISTERED NAME & COMPANY SUMMARY

 

Company Name

RADIAL EUROPE LIMITED

Company Number

07610695

Registered Address

FLAT 20 ASHLEY COURT

Trading Address

Flat 20 Ashley Court
29 Loates Lane
Watford
Herts
WD17 2PJ


 

29 LOATES LANE

 

 

WATFORD

 

 

WD17 2PJ

 

 

 

 

 

Website Address

-

 

 

Telephone Number

-

Fax Number

 

TPS

-

FPS

No

Incorporation Date

20/04/2011

Company Status

Active - Newly Incorporated

Previous Name

 

Type

Private limited with Share Capital

 

 

Filing Date of Accounts

-

Date of Change

-

Share Capital

-

Sic Code

 

Currency

 

Sic Description

 

Principal Activity

 

 

 

CREDIT RECOMENDATION

 

Current Credit Limit: £500

 

Last 3 Years Credit Rating/Limit

No Last 3 Years Credit Rating/Limit Available. See Company Status

 

 

DIRECTORS/MANAGEMENT

 

Total Current Directors

1

Total Current Secretaries

0

Total Previous Directors / Company Secretaries

0

 

Current Directors

Name

Aziz Noorali

Date of Birth

29/06/1948

Officers Title

Mr

Nationality

British

Present Appointments

1

Function

Director

Appointment Date

20/04/2011

 

 

Address

Flat 20 Ashley Court,  29 Loates Lane,  Watford,  WD17 2PJ

Other Actions

View Director Report

View Consumer Report

View Trace Report

 

 

 

 

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Current Company Secretary

NEGATIVE INFORMATION

 

CCJ

Total Number of Exact CCJs -

0

Total Value of Exact CCJs -

 

Total Number of Possible CCJs -

0

Total Value of Possible CCJs -

 

Total Number of Satisfied CCJs -

0

Total Value of Satisfied CCJs -

 

Total Number of Writs -

0

 

 

 

Exact CCJ Details

There are no exact CCJ details

 

Possible CCJ Details

There are no possible CCJ details

 

Writ Details

There are no writ details

 

 

SHARE & SHARE CAPITAL INFORMATION

 

No Shareholder Details

 

 

PAYMENT INFORMATION

 

Mortgage Summary

Outstanding

0

Satisfied

0

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Group Structure Summary

Company Name

RADIAL EUROPE LIMITED

Company Number

07610695

Holding Company

-

Ownership Status

 

Ultimate Holding Company

-

Companies in group

-

 

Group structure

No group structure

 


FINANCIAL INFORMATION

 

Key Financials

No key Financials Registered

 

 

FOREIGN EXCHANGE RATES

 

Na

 

 

ADDITIONAL INFORMATION

 

No exact match CCJs are recorded against the company.

There has been no significant change in the company's credit limit.

No recent changes in directorship are recorded.

The company is not part of a group.

Newer companies are proven to be more of an insolvency risk than more established companies.

 

Status History

No Status History found

 

Event History

Date

Description

 

22/04/2011

New Board Member Mr A. Noorali appointed

 

 

Previous Company Names

No Previous Names found

 

 

NOTES & COMMENTS

 

Na

 

 Bottom of Form

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.17

UK Pound

1

Rs.73.72

Euro

1

Rs.64.26

 

 

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.