MIRA
INFORM REPORT
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Report Date : |
19.01.2011 |
IDENTIFICATION DETAILS
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Name : |
REACH & COLOURS TRADE AND SERVICE
LIMITED LI |
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Registered Office : |
Anker köz 1-3. 2. EM. 7 1061 |
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Country : |
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Financials (as on) : |
2009 |
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Date of Incorporation : |
14.12.2007 |
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Com. Reg. No.: |
No. 0109892660 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Non-specialised wholesale trade |
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 20.000,00 |
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Status : |
Small Company |
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Payment Behaviour : |
Regular |
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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 – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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B1 |
B1 |
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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 REPORTED
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CREDIT INFORMATION SUMMARY
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Insolvency Information: |
According to available information sources the company is not in a
insolvency/preliminary/debt regulation proceeding. |
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Maximum Credit: |
EUR 20.000,00 |
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Payment Practices: |
Payments are made according to terms |
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Further Rating
Information: |
Researched
company is categorized as a small company. |
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Debt Collection: |
There is no record of any debt collection action against this company
exceeding a single case volume of EUR 500. |
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COMPANY DETAILS
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Established: |
14.12.2007 |
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Registration: |
No. 0109892660 |
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Legal Form: |
01.02.2008 |
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Capital: |
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Shareholders: |
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Management: |
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KEY DATA ON OPERATIONS
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Subject of
Operation: |
NACE |
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Key Data:
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Workforce: |
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FINANCIAL INFORMATION
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Financials:
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Approximate Exchange Rates: |
2010: 278,75 HUF = 1 EUR |
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Financial Comments: |
The balance sheet data are from official sources. |
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Bankers: |
ERSTE BANK
HUNGARY Nyilvánosan Működő Részvénytársaság - Account no.
11600006-00000000-42636067 |
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Ratios:
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ADDITIONAL INFORMATION
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Contact With
Company: |
In spite of our efforts we couldn't contact the company. |
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Additional information: |
Hungarian NSB keycode: 14183689-4690-113-01 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.53 |
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1 |
Rs.72.56 |
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Euro |
1 |
Rs.60.62 |
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.