MIRA INFORM
REPORT
|
Report Date : |
03.01.2011 |
IDENTIFICATION DETAILS
|
Name : |
SABOR S.R.L.
|
|
|
|
|
Registered Office : |
Via Scalarini Giuseppe, 6, 20100 - Milano (MI) |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
13.04.1981 |
|
|
|
|
Com. Reg. No.: |
MI146-204191 since 19/02/1996 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of clothing and accessories |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
300.000 Eur |
|
Status : |
Good |
|
Payment
Behaviour : |
No Complaints |
|
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 – June 30, 2010
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
|
|
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
Sabor S.r.l.
Via Scalarini Giuseppe, 6
20100 - Milano (MI) -IT-
Summary
|
Fiscal Code |
: |
03452470150 |
|
Legal Form |
: |
Limited liability company |
|
Foundation Date |
: |
13/04/1981 |
|
Equity |
: |
Over 2.582.254 Eur |
|
|
: |
18.000.000/20.000.000 Eur |
|
Number of Employees |
: |
from 36 to 50 |
Credit Analysis
|
Credit Opinion |
: |
300.000 - Eur |
Activity
Wholesale of clothing and accessories
Legal Data
Legal Form : Limited liability company
|
Fiscal Code : 03452470150 |
|
Foreign Trade Reg. no. : MI015178 since 06/12/1991 |
|
Foreign Trade Reg. no. : 15178+ of Milano since 06/12/1991 |
|
Chamber of Commerce no. : 1070235 of Milano since 09/06/1981 |
|
Firms' Register : MI146-204191 since 19/02/1996 |
|
V.A.T. Code : 03452470150 |
|
Tribunal Co. Register : 204191 of Milano since 01/06/1981 |
|
Foundation date |
: 13/04/1981 |
|
|
Establishment date |
: 13/04/1981 |
|
|
Legal duration |
: 31/12/2020 |
|
|
Nominal Capital |
: 260.000 |
Eur |
|
Subscribed Capital |
: 260.000 |
Eur |
|
Paid up Capital |
: 260.000 |
Eur |
Members
|
|
Bressi |
Graziella |
|
|
|
Born in Milano |
(MI) |
on 12/10/1941 |
- Fiscal Code : BRSGZL41R52F205Q |
|
|
|
Residence : |
Via |
Wolf Ferrari |
, 19 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/04/2008 |
|
|
|
Managing Director |
29/04/2008 |
|
|
No Protests registered.
|
|
Borzino |
Giorgio Ippolito |
|
|
|
Born in Milano |
(MI) |
on 11/03/1970 |
- Fiscal Code : BRZGGP70C11F205S |
|
|
|
Residence : |
Via |
Ripamonti Giuseppe |
, 257 |
- 20141 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/04/2008 |
|
|
|
Procurator |
26/06/2002 |
|
|
|
Managing Director |
29/04/2008 |
|
|
No Protests registered.
|
|
Borzino |
Saverio |
|
|
|
Born in |
(NO) |
on 24/09/1941 |
- Fiscal Code : BRZSVR41P24F952P |
|
|
|
Residence : |
Via |
Wolf Ferrari Ermanno |
, 19 |
- 20141 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/04/2008 |
|
|
|
Board Chairman |
29/04/2008 |
|
|
No Protests registered.
|
|
Borzino |
Paola Mariagiulia |
|
|
|
Born in Milano |
(MI) |
on 29/05/1966 |
- Fiscal Code : BRZPMR66E69F205O |
|
|
|
Residence : |
Via |
Chopin |
, 28 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
29/04/2008 |
|
|
|
Procurator |
26/06/2002 |
|
|
|
Managing Director |
29/04/2008 |
|
|
No Protests registered.
Companies connected to members *
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have holded
positions.
|
|
BRESSI |
GRAZIELLA |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
CHOPIN S.R.L. |
|
02083160032 |
Director |
Active |
Registered |
|
CHOPIN S.R.L. |
|
02083160032 |
Managing
Director |
Active |
Registered |
|
|
BORZINO |
GIORGIO IPPOLITO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
CHOPIN S.R.L. |
|
02083160032 |
Director |
Active |
Registered |
|
CHOPIN S.R.L. |
|
02083160032 |
Managing
Director |
Active |
Registered |
|
JUHU SOCIETA' A RESPONSABILITA' LIMITATA ABBREVIATA: JH SRL |
Milano (MI) - IT - |
06019630968 |
Director |
Active |
Registered |
|
JUHU SOCIETA' A RESPONSABILITA' LIMITATA ABBREVIATA: JH SRL |
Milano (MI) - IT - |
06019630968 |
Managing
Director |
Active |
Registered |
|
|
BORZINO |
SAVERIO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
CHOPIN S.R.L. |
|
02083160032 |
Director |
Active |
Registered |
|
CHOPIN S.R.L. |
|
02083160032 |
Board Chairman |
Active |
Registered |
|
IMMOBILIARE FERRINI S.R.L. |
Milano (MI) - IT - |
04471650152 |
Sole Director |
Active |
Registered |
|
JUHU SOCIETA' A RESPONSABILITA' LIMITATA ABBREVIATA: JH SRL |
Milano (MI) - IT - |
06019630968 |
Director |
Active |
Registered |
|
JUHU SOCIETA' A RESPONSABILITA' LIMITATA ABBREVIATA: JH SRL |
Milano (MI) - IT - |
06019630968 |
Board Chairman |
Active |
Registered |
|
|
BORZINO |
PAOLA MARIAGIULIA |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
CHOPIN S.R.L. |
|
02083160032 |
Director |
Active |
Registered |
|
CHOPIN S.R.L. |
|
02083160032 |
Managing
Director |
Active |
Registered |
|
JUHU SOCIETA' A RESPONSABILITA' LIMITATA ABBREVIATA: JH SRL |
Milano (MI) - IT - |
06019630968 |
Director |
Active |
Registered |
|
JUHU SOCIETA' A RESPONSABILITA' LIMITATA ABBREVIATA: JH SRL |
Milano (MI) - IT - |
06019630968 |
Managing
Director |
Active |
Registered |
The indication "REGISTERED" as Firm Status could refer to
Firms in Liquidation, Active, Inactive, etc.
For more information, in this case, we advise to request further
investigations.
Capital Shareholders
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Bressi Graziella |
Milano - IT - |
BRSGZL41R52F205Q |
65.000 .Eur |
25,00 |
|
Borzino Giorgio Ippolito |
Milano - IT - |
BRZGGP70C11F205S |
65.000 .Eur |
25,00 |
|
Borzino Saverio |
Milano - IT - |
BRZSVR41P24F952P |
65.000 .Eur |
25,00 |
|
Borzino Paola Mariagiulia |
Milano - IT - |
BRZPMR66E69F205O |
65.000 .Eur |
25,00 |
Direct Participations
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Immobiliare Ferrini S.r.l. |
Milano - IT - |
04471650152 |
30.987 .Eur |
75,00 |
|
|
Active |
Firm's location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
|
|
|
|
|
Via |
Scalarini Giuseppe |
, 6 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
|
|
|
PHONE |
: 02/5220111 |
|
|
|
|
FAX |
: 02/5693592 |
|
- |
Branch |
(office ) |
since 15/05/2006 |
|
|
|
|
|
Via |
Chopin Federico |
, 42 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
|
|
|
Employees |
: 50 |
|
Fittings and Equipment for a value of 390.000 |
Eur |
|
Stocks for a value of 520.000 |
Eur |
The firm operates abroad as importer / exporter. .
Export represents more than 50% of the global turnover.
Products abroad are placed by :
|
- direct orders from foreign companies |
Export is mainly towards:
|
- Grecia |
|
- |
|
- Belgio |
|
- Francia |
Historical Information and/or Firm's
Status
EX-MEMBERS / EX-POSITIONS:
|
|
Bressi |
Graziella |
|
|
|
Born in Milano |
on 12/10/1941 |
- Fiscal Code : BRSGZL41R52F205Q |
|
|
|
Residence : |
Via |
Wolf Ferrari |
, 19 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
|
Borzino |
Giorgio Ippolito |
|
|
|
Born in Milano |
on 11/03/1970 |
- Fiscal Code : BRZGGP70C11F205S |
|
|
|
Residence : |
Via |
Ripamonti Giuseppe |
, 257 |
- 20141 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
Board Chairman |
|
|
Dulio |
Giorgio |
|
|
|
Born in |
on 07/03/1951 |
- Fiscal Code : DLUGRG51C07F952W |
|
|
|
Residence : |
Via |
Monteverdi |
, 2/A |
- 28100 |
|
(NO) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Fre' |
Daniele |
|
|
|
Born in |
on 20/11/1968 |
- Fiscal Code : FREDNL68S20L750P |
|
|
|
Residence : |
Piazzale |
Lombardia |
, 4 |
- 28100 |
|
(NO) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Dulio |
Carlo |
|
|
|
Born in |
on 28/03/1929 |
- Fiscal Code : DLUCRL29C28F952B |
|
|
|
Residence : |
Via |
Pietro Custodi |
, 34 |
- 28100 |
|
(NO) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Cerri |
Otello |
|
|
|
Born in Caltignaga |
on 08/03/1937 |
- Fiscal Code : CRRTLL37C08B431L |
|
|
|
Residence : |
Via |
Maestra |
, 12 |
- 28100 |
|
(NO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Borzino |
Paola |
|
|
Born in Milano |
on 29/05/1966 |
- Fiscal Code : BRZPLA66E69F205J |
|
|
|
Residence : |
Via |
Wolf Ferrari |
, 19 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Procurator |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Splitting-up and setting-up of a new company |
|
|
|
Chopin S.r.l. |
|
|
|
Via |
Pietro Custodi |
, 34 |
, 28100 |
, |
(NO) |
- IT - |
|
|
|
Fiscal Code: 02083160032 |
|
|
|
Date |
Splitting-up : |
04/01/2007 |
Protests
Protests checking on the subject firm has given a negative result.
Legal Procedures
None reported, standing to the latest received edition of the Official
Publications.
Debt Collection Actions
Against the firm the following actions are registered:
|
Type |
Subject |
Expiry Date |
Amount in Eur |
Reason |
Result |
Closure Date |
|
Out of Court debt collection action |
|
01/04/1999 |
700 |
|
Successful action. |
28/05/1999 |
Immovables *
*Subject to survey.
|
Immovable Type |
Value |
|
Real estates |
236.010 - Eur |
NB.: For Capital Companies the value of the Immovables is the one
reported in the latest available financial documents.
Financial and Economical Analysis
Subject is active since 1981
An eco-fin analysis has been made on the base od the b/s fo the years
2007, 2008 and 2009.
Unstable economic results mark the company's financial state of affairs.
with a negative economic result in the last financial year. Business volume is
falling in the last financial year.
The operating result was positive in the last financial year (1,58%)
falling within the field's average.
The amount of the operating result for the year 2009 is of Eur. 277.766
with a -88,08% fall as against the year 2008.
The economic management produced a gross operating margin of Eur.
635.442 with a -77,48% fall.
From a financial aspect the company's status covers total short-term
debts; the indebtedness volume in 2009 is in fact 0,79 improved in comparison
with the year before (1,54.).
Subject can manage an equity capital funds for an amount of Eur.
7.354.753 , unchanged if compared to 2008.
Total indebtedness totalled Eur. 9.528.128, , with a fall of -30,59%.
The company does not exceed in bank borrowings; the recourse to
suppliers' credit is also limited which is also lower than the sector average.
The management determines a good range of liquidity.
Due from customers average term is high and equal to 225,62 days. even
if compared to the average of the sector.
During financial year 2009 the cash flow amounted to Eur. 157.811
Labour cost expenses amount to Eur. 2.199.324 , representing 11,15% on
the total of production costs. , whereas the incidence of such costs on sales
revenues is equal to 11,12%.
Financial charges have a high incidence (-1,93%) on turnover figures.
Financial Data
|
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
19.778.544 |
|
Profit (Loss) for the period |
-197.865 |
|
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
29.309.597 |
|
Profit (Loss) for the period |
1.056.033 |
|
|
|
Complete balance-sheet for the year |
31/12/2007 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
28.005.930 |
|
Profit (Loss) for the period |
1.141.051 |
|
|
|
Complete balance-sheet for the year |
31/12/2006 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
28.174.229 |
|
Profit (Loss) for the period |
1.087.162 |
|
|
|
Complete balance-sheet for the year |
31/12/2005 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
25.053.071 |
|
Profit (Loss) for the period |
1.750.048 |
Balance Sheets
From our constant monitoring of the relevant Public Administration offices,
no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2009 - 12 Mesi - Currency: Eur - Amounts x
1 |
|
- Balance Sheet as at 31/12/2008 - 12 Mesi - Currency: Eur - Amounts x
1 |
|
- Balance Sheet as at 31/12/2007 - 12 Mesi - Currency: Eur - Amounts x
1 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
RATIOS |
Value Type |
as at 31/12/2009 |
as at 31/12/2008 |
as at 31/12/2007 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,03 |
0,04 |
0,04 |
0,08 |
|
Elasticity Ratio |
Units |
0,97 |
0,96 |
0,95 |
0,90 |
|
Availability of stock |
Units |
0,03 |
0,01 |
0,02 |
0,25 |
|
Total Liquidity Ratio |
Units |
0,94 |
0,95 |
0,92 |
0,58 |
|
Quick Ratio |
Units |
0,21 |
0,09 |
0,07 |
0,03 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
0,79 |
1,54 |
1,53 |
4,11 |
|
Self Financing Ratio |
Units |
0,42 |
0,35 |
0,35 |
0,15 |
|
Capital protection Ratio |
Units |
0,99 |
0,83 |
0,79 |
0,63 |
|
Liabilities consolidation quotient |
Units |
0,04 |
0,03 |
0,04 |
0,11 |
|
Financing |
Units |
1,30 |
1,82 |
1,78 |
5,04 |
|
Permanent Indebtedness Ratio |
Units |
0,44 |
0,37 |
0,37 |
0,28 |
|
M/L term Debts Ratio |
Units |
0,02 |
0,02 |
0,02 |
0,07 |
|
Net Financial Indebtedness Ratio |
Units |
0,31 |
0,88 |
1,04 |
1,02 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
15,75 |
9,78 |
8,69 |
2,89 |
|
Current ratio |
Units |
1,79 |
1,55 |
1,56 |
1,21 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,74 |
1,52 |
1,52 |
0,85 |
|
Structure's primary quotient |
Units |
14,95 |
9,25 |
8,01 |
1,77 |
|
Treasury's primary quotient |
Units |
0,39 |
0,15 |
0,11 |
0,05 |
|
Rate of indebtedness ( Leverage ) |
% |
239,11 |
289,43 |
285,33 |
634,84 |
|
Current Capital ( net ) |
Value |
7.565.736 |
7.439.129 |
6.734.281 |
264.536 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
0,80 |
5,28 |
5,68 |
2,24 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
- 2,69 |
13,98 |
16,73 |
8,17 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
- 0,56 |
22,13 |
29,58 |
23,98 |
|
Return on Investment ( R.O.I. ) |
% |
1,58 |
10,66 |
13,92 |
5,16 |
|
Return/ Sales |
% |
1,40 |
7,95 |
9,67 |
3,89 |
|
Extra Management revenues/charges incid. |
% |
- 71,23 |
45,32 |
42,12 |
27,37 |
|
Cash Flow |
Value |
157.811 |
1.546.673 |
1.591.824 |
56.925 |
|
Operating Profit |
Value |
277.766 |
2.330.300 |
2.708.872 |
96.744 |
|
Gross Operating Margin |
Value |
635.442 |
2.821.740 |
3.159.645 |
134.262 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
225,62 |
213,86 |
199,76 |
121,35 |
|
Debts to suppliers average term |
Days |
58,97 |
62,62 |
43,16 |
142,27 |
|
Average stock waiting period |
Days |
9,45 |
3,81 |
6,91 |
65,23 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,12 |
1,34 |
1,43 |
1,37 |
|
Rate of stock return |
Units |
38,08 |
94,44 |
51,95 |
5,48 |
|
Labour cost incidence |
% |
11,12 |
7,87 |
7,12 |
8,02 |
|
Net financial revenues/ charges incidence |
% |
- 1,93 |
- 2,25 |
- 2,48 |
- 1,07 |
|
Labour cost on purchasing expenses |
% |
11,15 |
8,49 |
7,82 |
8,14 |
|
Short-term financing charges |
% |
4,14 |
5,16 |
6,25 |
2,47 |
|
Capital on hand |
% |
88,91 |
74,58 |
69,45 |
72,70 |
|
Sales pro employee |
Value |
403.643 |
574.697 |
608.824 |
416.252 |
|
Labour cost pro employee |
Value |
44.884 |
45.202 |
43.393 |
32.474 |
Credit Opinion
On the basis of the above mentioned, and the sales volume obtained, we
deem that the maximum exposure for short and medium term transactions ( 90 -
120 days ) could be of:
300.000Eur.
Market / Territory Data
|
Population living in the province |
: |
3.839.216 |
|
Population living in the region |
: |
9.393.092 |
|
Number of families in the region |
: |
3.858.736 |
Monthly family expenses average in the region (in Eur.) :
|
- per food products |
: |
460 |
|
- per non food products |
: |
2.090 |
|
- per energy consume |
: |
114 |
Sector Data
The values are calculated on a base of 9.175 significant companies.
The companies cash their credits on an average of 121 dd.
The average duration of suppliers debts is about 142 dd.
The sector's profitability is on an average of 2,24%.
The labour cost affects the turnover in the measure of 8,02%.
Goods are held in stock in a range of 65 dd.
The difference between the sales volume and the resources used to
realize it is about 1,37.
The employees costs represent the 8,14% of the production costs.
Statistical Detrimental Data
The area is statistically considered lowly risky.
In the region 50.886 protested subjects are found; in the province they
count to 24.765.
The insolvency index for the region is 0,55, , while for the province it
is 0,66.
Total Bankrupt companies in the province : 22.523.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.81 |
|
|
1 |
Rs.59.81 |
|
Euro |
1 |
Rs.69.29 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.