MIRA INFORM REPORT
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Report Date : |
08.12.2011 |
IDENTIFICATION DETAILS
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Name : |
LUXLITE LAMP S.À R.L. |
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Registered Office : |
Z.I. Bommelscheuer, LU - 4901 Bascharage |
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Country : |
Luxembourg |
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Date of Incorporation : |
26.07.2010 |
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Com. Reg. No.: |
B0154647 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
The industrialization,
import, export, wholesale and retail trade of automotive bulbs and lighting, accessories
and spare parts of automotive means of transport |
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No. of Employees
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Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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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 – September 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Luxembourg |
a2 |
a2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name & address
Luxlite Lamp S.à r.l.
Z.I. Bommelscheuer.
LU - 4901 Bascharage
Phone no. : +352
26656580
Fax no. : +352 26656590
Company
summary
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Legal form |
Société à responsabilité
limitée – Private Limited. |
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Founded |
26.07.2010 |
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Trade register |
Entered in Luxemburg
under nr. B 155.027. |
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Shareholders |
International Lamps
Holding Company S.A. Z.I. Bommelscheuer, 4901
Bascharage : 100 % |
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Share capital |
nominal |
EUR 12.500,- |
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issued/paid up |
EUR 12.500,- |
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Management |
Frank Klinkert, 1, Fassburgergronn, 3317
Bergem |
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General |
The industrialization,
import, export, wholesale and retail trade of automotive bulbs and lighting,
accessories and spare parts of automotive means of transport. |
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Branches |
None on record |
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Trading styles |
None on record. |
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Staff |
The manager. |
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Turnover |
No figures disclosed. |
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Real estate |
Subject owns no real
estate property as far as we could gather. |
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Finances |
Due to the young
character of this company a financial comment is not possible at this stage.
The course of business development needs to be monitored. |
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Auditors |
No details available. |
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Former names |
No name changes during the
last few years. |
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Former addresses |
No changes in address
during the last few years |
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Subsidiaries/participations |
There are no
subsidiaries/participations on record. |
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Remarks |
Parent company: International Lamps
Holding Company S.A. Z.I. Bommelscheuer, 4901
Bascharage Reg. nr. : B0154647 Established: 26.07.2010 Shareholders: Suprimmo SA, 76, rue Haard, 4970
Bettange-sur-Mess : EUR 39.999,- Gilbert Jost, 76, rue Haard, 4970 Bettange-sur-Mess :
EUR 1,- Shareholders of Suprimmo
SA are: CORFI S.A. : 64 % SOCOMET S.A. : 36 % At the address in heading
is also located Luxlite Sarl ; that company is engaged in the
manufacture of and trade in lights and was established during 1991. |
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Correspondence address |
No separate
correspondence address on record. |
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Website/e-mail |
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Bankers |
No details available. |
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Credit opinion |
No direct objections against
entering into a business relationship. In view of the lack of
financial insight we recommend you to
deal on fully secured terms only and to monitor the developments or to seek
guarantees from the ultimate parent company. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.51.45 |
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UK Pound |
1 |
Rs.80.38 |
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Euro |
1 |
Rs.69.12 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.