MIRA INFORM REPORT

 

 

Report Date :           

29.07.2011

 

IDENTIFICATION DETAILS

 

Name :

RIVERSTICK INDUSTRIES

 

 

Registered Office :

Riverstick, Co. Cork.

 

 

Country :

Ireland

 

 

Date of Incorporation :

28.03.1991

 

 

Com. Reg. No.:

115376

 

 

Legal Form :

Body Corporate

 

 

Line of Business :

Production of bark mulch and the manufacture of snapties etc

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

100,000 (€)

 

 

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)

Ireland

a2

a2

 

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 Details

 

Address:

RIVERSTICK,
CO. CORK.

Status:

NORMAL

 

 

Locality:

 

 

 

 

 

Town:

 

Town Code:

N/A

 

 

Registered:

28/03/1991

Ceased:

N/A

 

 

Business Type:

BODY CORPORATE

Activities:

PRODUCTION OF BARK MULCH AND THE MANUFACTURE OF SNAPTIES ETC

 

general info

 

 

 

 

 

 

 

Name:

RIVERSTICK INDUSTRIES

Number:

115376

 

 

 

 

Business Owner Details

 

 

Registered Business Owner:

RIVERSTICK MOTORS LIMITED

Incorporation Date:

20/08/1979

 

 

Address:

RIVERSTICK,
CO. CORK.

Ownership Status:

COMPANY

 

 

Locality:

 

 

 

 

 

Town:

 

 

 

 

 

Owned From:

N/A

Owned To:

N/A

 

 

 

CREDIT RECOMENDATION

 

Current Credit Limit: 100,000 (€)

 

DIRECTORS/MANAGEMENT

 

Na

 

 

NEGATIVE INFORMATION

 

cj's

 

CJ Summary

 

Exact Active CJ's:

0

 

 

 

 

Exact Value of CJ's (€):

N/A

 

 

 

 

Possible Active CJ's:

0

 

 

 

 

Possible Value of CJ's (€):

N/A

 

 

 

 

 

SHARE & SHARE CAPITAL INFORMATION

 

Na

 

 

PAYMENT INFORMATION

 

Na

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Na

 

 

FINANCIAL INFORMATION

 

Na

 

 

FOREIGN EXCHANGE RATES

 

Na

 

 

ADDITIONAL INFORMATION

 

Unregistered

 

EXACT CJ DETAILS

 

 

 

POSSIBLE CJ DETAILS
Possible CJ matches show CJs that may be matched to a company based on various criteria such as similar trading names or addresses. This data is provided for your information only as an aid to decision-making and does not affect a company’s rating.

 

Registered

EXACT CJ DETAILS

POSSIBLE CJ DETAILS
Possible CJ matches show CJs that may be matched to a company based on various criteria such as similar trading names or addresses. This data is provided for your information only as an aid to decision-making and does not affect a company’s rating.

 

Business Name

Business No.

Business Status

 

RIVERSTICK MOTORS LIMITED

IE070675

N/A

 

   RIVERSTICK INDUSTRIES

115376

NORMAL

 

NOTES & COMMENTS

 

Na

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.13

UK Pound

1

Rs.72.05

Euro

1

Rs.63.33

 

 

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.