MIRA INFORM
REPORT
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Report Date : |
16.02.2011 |
IDENTIFICATION DETAILS
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Name : |
FALCON COMMODITIES LIMITED |
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Registered Office : |
1st Floor Baltic House, |
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Country : |
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Date of Incorporation : |
07.02.2008 |
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Com. Reg. No.: |
002263V |
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Legal Form : |
New Manx Vehicle (Company Limited by Shares) |
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Line of Business : |
Commodities Trading |
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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Maximum Credit Limit : |
EUR 3,000 |
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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.
Company Summary
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Business Name: |
FALCON COMMODITIES LIMITED |
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Country: |
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Company
Registration Number: |
002263V |
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Main Activity
Description: |
Commodities trading |
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Activity Code: |
- |
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Company Status
(active / bankrupt etc): |
Active |
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Currency: |
EUR |
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Number of Employees: |
10 |
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Credit Rating
(1-5): |
4 |
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Credit Limit: |
EUR 3,000 |
Company Identification
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Business Name: |
FALCON
COMMODITIES LIMITED |
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Registered
Company Name: |
FALCON
COMMODITIES LIMITED |
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VAT Number: |
- |
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VAT Registration
Date: |
- |
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Date of Company
Registration: |
07/02/08 |
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Date of Starting
Operations: |
- |
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Commercial
Court: |
- |
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Legal Form: |
New Manx Vehicle (Company Limited by Shares) |
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Type of
Ownership: |
Private |
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Company Status: |
Active |
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Address: |
1st Floor Baltic
House, Ballsalla, Im9
2ae, |
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Phone Number: |
+44 (1624)
823789 |
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Fax Number: |
+44 (1624)
823203 |
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Website: |
Company Activity
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Activity Code: |
Activity Description: |
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Commodities trading |
Import / Export
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Import
countries: |
Export countries: |
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na |
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Previous Names
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Previous Name: |
Date Changed: |
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na |
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Previous Legal Forms
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Previous Legal
Form: |
Date Changed: |
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na |
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Contact Information
Main Address
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Address: |
Country: |
Telephone: |
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1st Floor Baltic
House, |
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+44 (1624)
823789 |
Other Addresses
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Address: |
Country: |
Telephone: |
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Previous Addresses
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Address: |
Country: |
Telephone: |
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na |
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Payment Information
Purchase Terms
Local:Cash
Credits 14-30 days
Imports:L/Cs
Credits 30 days net
Sales Terms
Local:Cash
Credits 14-30 days
Exports:L/Cs
Credits 30 days net
Debt Collections / Judgements
No negative information was found.
Payment Experience
Payment Behaviour: As trade references were not supplied, the Subject's
payment track record history CANNOT BE ACCURATELY DETERMINED, but payments are
believed to be PROMPT.
Directors / Managers
Current Directors
/ Managers
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Name: |
Gender: |
Position: |
Date of Birth: |
Date Appointed: |
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Adrian Lyle Hobbs |
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Director |
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Ashley Andrwe Dougal |
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Director |
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Gary Kieswetter |
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Director |
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Previous Directors
/ Managers
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Name: |
Gender: |
Position: |
Date of Birth: |
Date Appointed: |
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na |
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Share Capital Structure
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Nominal Share Capital: |
N/A |
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Issued Share Capital: |
N/A |
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Name: |
Share Percentage: |
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Na |
na |
Group Structure
Parent Companies
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Ultimate Holding
Company Name: |
na |
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Ultimate Holding
Company ID: |
na |
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Ultimate Holding
Company Country: |
na |
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Immediate
Holding Company Name: |
na |
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Immediate
Holding Company ID: |
na |
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Immediate
Holding Company Country: |
na |
Subsidiary
Companies
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Subsidiary Name: |
ID: |
Country: |
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na |
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Affiliated Companies
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Affiliate Name: |
ID: |
Country: |
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FALCON FOODS
LIMITED |
- |
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Other Information
Bankers
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Bank Name: |
Address: |
Bank Code: |
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BARCLAYS
BANK |
- |
- |
Advisors
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Auditor Name: |
na |
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Solicitor Name: |
na |
Additional Information
Premises
The Subject operates from premises located at the heading address,
consisting of administrative offices.
OPERATIONS & HISTORY
Activities
Full description:
The Subject is engaged in commodities trading. It is an exporter and
importer of green coffee, including Fairtrade, Rainforest, UTZ and Organic
certifications.
The Subject established partnerships with farmer groups, be they small
holder co-operatives or large scale commercial farmers. They assist in all the
post-harvest processes from wet milling to final shipment and delivery to the
roaster. The concept is to create a viable and stable platform for growers and
roasters to trade across, both utilising market tools of finance, futures and
logistics to build open relationships of mutual profitability and interest.
Purchases
Import:
Africa, Latin America and
Negative Information
No negative information found.
Financial Information
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The Subject is in
development; financial statements are not available and other official
details are limited. More caution advisable when considering granting credit.
Smaller credits plus guarantees an advantage. A strict credit control policy
applies. |
Notes & Additional Comments
Sources:
Interviews and material provided by the Subject
Other official and local business sources
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.45 |
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1 |
Rs.72.90 |
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Euro |
1 |
Rs.61.43 |
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 Company |
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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.