MIRA INFORM REPORT

 

 

Report Date :           

29.06.2011

 

IDENTIFICATION DETAILS

 

Name :

TSELIOS GENERAL IMPORTS EXPORTS

 

 

Registered Office :

143 Faron Street, 24100 Kalamata, Messinia

 

 

Country :

Greece

 

 

Year of Establishment :

2003

 

 

Legal Form :

Proprietorship Concern

 

 

Line of Business :

Shoe Stores

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Very Small Concern

 

 

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)

Greece

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

IDENTIFICATION DETAILS

 

NAME: '                                    TSELIOS GENERAL IMPORTS EXPORTS'                        

 

ADDRESS:                                143 FARON STREET                                        

                                                24100 KALAMATA                                           

                                                MESSINIA                                                 

                                                GREECE                                                   

 

TELEPHONE:                30 2721081841                                           

                                                30 2721025144                                                        

TELEFAX:                                 30 2721025145                                           

E-MAIL ADDRESS:                    info@tselios.com.gr                                        

WEB ADDRESS:                       www.tselios.com.gr  

 

ANY AMOUNTS HEREAFTER ARE IN EURO UNLESS OTHERWISE STATED

 

 

SENIOR COMPANY PERSONNEL

 

STEFANOS TSELIOS

Sole proprietor

 

PRINCIPALS ANTECEDENTS                                                    

NAME: STEFANOS TSELIOS

Nationality: Greek

 

 

WORKFORCE

 

EMPLOYS:  4

 

 

PAYMENTS

 

PUBLIC RECORD INFORMATION: No protested bills have been reported.

 

 

BANKERS

 

NATIONAL BANK OF GREECE S.A., KALAMATA branch. Aristomenous 25, KALAMATA 24100, Greece..

 

 

FINANCIALS

 

Copies of accounts are not available from official sources.

 

 

LEGAL STATUS

 

BACKGROUND

Business started 2003.

    

LEGAL FORM

Proprietorship registered in 2003 in KALAMATA.

Tax Registration Number: 115006747

 

  

CAPITAL DETAILS

 

Non Retrievable

 

 

SHAREHOLDERS

 

Local informants have been unable to ascertain details of shareholders.

 

 

LINKED COMPANIES

 

Non Retrievable

 

 

ACTIVITIES

 

Operates shoe stores

Operates floor covering stores

Trade of carpets,moquettes,footwear,etc.

Sells to the general public, on a regular basis.

 

 

IMPORTS

 

Imports from China

 

EXPORTS

 

Non Retrievable

 

 

PREMISES / REAL ESTATE

 

Operates from shop, at heading address.

    

REGISTERED OFFICE: 143 Faron street, 24100 KALAMATA, MESSINIA.

 

 

BRANCHES

 

West Mall, 24100, KALAMATA, Greece. These are shop premises.

 

 

GENERAL COMMENTS 

 

Mr Tselios confirmed general details in this report.

    

Local informants stated that: The subject is also known as TSELIOS GENERAL-IMPORT EXPORT Apergis Christos is subject & apos;s employee.

    

Copies of accounts are not available from official sources. The full present financial position could not be ascertained.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.05

UK Pound

1

Rs.71.92

Euro

1

Rs.64.37

 

 

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.