MIRA INFORM
REPORT
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Report Date : |
28.03.2011 |
IDENTIFICATION DETAILS
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Name : |
MARBELLA LIMITED |
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Registered Office : |
Trianon Quatre Bornes |
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Country : |
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Date of Incorporation : |
23.06.1976 |
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Com. Reg. No.: |
C2672 |
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Legal Form : |
Limited Corporation |
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Line of Business : |
Store Dealing with the Distribution of general merchandise such as
ceramic tiles, gardening products, electrical, construction materials etc |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 100,000 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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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 – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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a2 |
a2 |
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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 |
SUBJECT'S NAME
Registered Name: MARBELLA LIMITED
Requested Name:
Other Names: None
ADDRESS AND TELECOMMUNICATION
Physical Address: Trianon
Quatre Bornes
Postal Address: Trianon
Quatre
Bornes
Country:
Phone: 230-4520103/
4679990
Fax: 230-4520103
Email: None
Website: None
CREDIT OPINION
Financial Index as of
December 2010 shows subject firm with a medium risk of credit. We recommend
Credit of USD 100,000 on 90 days.
LEGAL
Legal Form: Limited Corporation
Date Incorporated: 23-June-1976
Reg. Number: C2672
Nominal Capital
Subscribed Capital
Subscribed Capital is Subscribed in the following form:
Position Shares
J Lagesse Director
Jean Michel Giraud
Director
Gaetan Bouic Director
UNITED BASALT
PRODUCTS LTD Holding co 100%
RELATED COMPANIES
UNITED BASALT PRODUCTS LTD Parent company.
None Affiliated company.
None Shareholder of subject firm.
Branches of the firm
OPERATIONS
Registered to operate as a store dealing with the distribution of
general merchandise such as ceramic tiles, gardening products, electrical,
construction materials etc
Imports: Europe,
Exports: None
Trademarks: None
Terms
of sale: Cash (40%) and 30
days (60%), invoices.
Main
Customers: Individual,firms
and organizations
Employees: 50 employees.
Vehicles: Several motor
vehicles.
Territory
of sales:
Location: Rented premises,
5.000 square feet,
AUDITORS
AND INSURANCE
Auditors: Information not available.
Insurance
Brokers: Information not available.
FINANCE
Currency Reported:
Approx. Ex. Rate: 1 US Dollar = 28.75
Fiscal
Year End: December 31, 2010
Inflation: According to
information given by independent sources, the
inflation
at December 31st, 2010 was of 13%.
Financial Information not Submitted
Profit and Loss (expressed in
2010
Sales 30,000,000
BANK
Bank Name: MCB Bank
Branch:
Comments: None
TRADE
REFERENCES
Experiences: Good
NOTARIAL
BONDS
None
COMMENTS / ADDITIONAL INFORMATION
This information was obtained from outside sources other than the
subject company itself and confirmed the above subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.65 |
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|
1 |
Rs.71.91 |
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Euro |
1 |
Rs.63.28 |
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 |
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.