MIRA INFORM REPORT

 

 

Report Date :           

04.11.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

PHOTO-ME-FRANCE

 

 

Registered Office :

7 Rue Jean Pierre Timbaud, 38130 Echirolles

 

 

Country :

France

 

 

Financials (as on) :

30.04.2010

 

 

Date of Incorporation :

July 1984

 

 

Com. Reg. No.:

330212432

 

 

Legal Form :

Simplified Joint Stock Company

 

 

Line of Business :

Activities of Holding Companies

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

21,000€

Status :

Satisfactory

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

France

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

Company Number

33021243200109

Name

PHOTO-ME-FRANCE

Telephone

 

Fax

 

Legal form

Simplified joint stock company

RCS Registration

 330212432

Share Capital

5,335,716

Incorporation Date

07/1984

Address

7 RUE JEAN PIERRE TIMBAUD

Postcode

38130 ECHIROLLES

Nationality

France

Company Name

PHOTO-ME-FRANCE

Company Number

33021243200109

Activity (APE)

Activities of Holding Companie

(Activities of Holding Companies)

Activity (APRM)

 

Currency

EURO (€)

Share capital

5,335,716

Registration Court

Grenoble (38)

Legal form

Simplified joint stock company

Court Registry Number

19 8 5B007

EU VAT Number

FR73330212432

Incorporation Date

07/1984

Formation Date

06/1984

Deregistration Date

 

Last account Date

30/04/2010

Nationality

France

 

 

CREDIT RECOMENDATION

 

Credit Limit: 21,000€

 

DIRECTORS/MANAGEMENT

 

Directors Summary

Directorships

1

 

Directors

Director

Name

PHOTO ME INTERNATIONAL PLC

Manager position

Président

Date of birth

 

Place of birth

 

Type of manager

Moral person

Name at birth of manager

 

 

 

NEGATIVE INFORMATION

 

Judgements Summary

No judgements against this company.

 

Judgements

Collective Procedures

Courts

There are no Judgements filed against this company.

Rncs

There are no Judgements filed against this company.

Bodacc

There are no Judgements filed against this company.

 

Preferentials Rights

No social security and tax office preferential right to date.

 

 

SHARE & SHARE CAPITAL INFORMATION

 

Na

 

 

PAYMENT INFORMATION

 

Na

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Group Structure

Ultimate Parent

Ultimate Parent Company

PHOTO ME INTERNATIONAL PLC

Companies in Group

32

Company Name

Country

Share

Latest Annual Accounts

PHOTO ME INTERNATIONAL PLC

United Kingdom

-

N/A

-PHOTO ME FRANCE

330212432

100 %

30/04/2010

PHOTOMATON

592033930

100 %

30/04/2010

KIS

353249105

100 %

30/04/2010

ANIMATE FOTOFIXE E MÁQUINAS AUTOMÁTICAS LDA.

Portugal

100 %

N/A

AUTO PHOTO SYSTEMS INC

United States of America

100 %

N/A

FOTOFIX-SCHNELLPHOTOAUTOMATEN G.M.B.H

Germany

100 %

N/A

-PRONTOPHOT HOLLAND B.V.

Netherlands

100 %

N/A

GAMO B.V.

Netherlands

100 %

N/A

-IMAGING SOLUTIONS A.G.

Switzerland

86 %

N/A

CROWN PHOTO SYSTEMS G.M.B.H

Germany

52 %

N/A

-IMAGING MANAGEMENT SOLUTIONS G.M.B.H

Germany

100 %

N/A

IMAGING POSTPROCESSING SOLUTIONS G.M.B.H

Germany

86 %

N/A

JOLLY ROGER (AMUSEMENT RIDES) LIMITED

United Kingdom

100 %

N/A

MORENAR S.A.

Switzerland

100 %

N/A

NIPPON AUTO-PHOTO KABUSHIKI KAISHA

Japan

100 %

N/A

K.K. PHOTEC

Japan

100 %

N/A

PHOTOMATICO (SINGAPORE) PTE. LIMITED

Singapore

100 %

N/A

PHOTO-ME CR S.P.O.L. S.R.O.

Czech Republic

80 %

N/A

PHOTO-ME HUNGARY K.F.T.

Hungary

51 %

N/A

PHOTO-ME IRELAND LIMITED

Ireland

100 %

N/A

PHOTO-ME NORTHERN IRELAND LIMITED

Ireland

100 %

N/A

PHOTO-ME USA L.L.C

United States of America

94 %

N/A

PRONTOPHOT AUSTRIA G.M.B.H

Austria

100 %

N/A

PRONTOPHOT BELGIUM N.V.

Belgium

100 %

N/A

PRONTOPHOT HOLDING S.A.

Switzerland

100 %

N/A

PRONTOPHOT (SCHWEIZ) A.G

Switzerland

100 %

N/A

SOCIETE DU LOTISSEMENT D'ECHIROLLES

319740122

61 %

N/A

PHOTO DIRECT PTY LTD

Australia

39 %

N/A

PHOTOMATON MAROC SARL

Morocco

50 %

N/A

SCI IMMOBILIERE DU 21

412045486

100 %

N/A

SOFT EURL

N/A

100 %

N/A

 

 

FINANCIAL INFORMATION

 

Accounts Summary (last 3 years)

Accounts Date

30/04/2010

30/04/2009

30/04/2008

Turnover

425,915

348,358

2,051,747

Networth

32,399,008

32,169,737

31,678,173

Number of Employees

1 or 2 employees

-

-

Accounts & Ratios

Profit & Loss

Account Date

30/04/2010

%

30/04/2009

%

30/04/2008

Account period (month)

12

-

12

-

12

Account Type

Normal Account

-

Normal Account

-

Normal Account

Currency

Euro

-

Euro

-

Euro

Turnover

425,915

22.3%

348,358

-83.0%

2,051,747

Exports

0

-100.0%

74,631

-27.0%

102,202

Operating Charges

665,732

16.6%

571,052

-84.6%

3,696,817

Operating Profit

-236,894

-53.9%

-153,901

90.6%

-1,640,552

Financial Income

4,208,937

-63.5%

11,538,718

46.4%

7,879,938

Financial Charges

701,967

-1.3%

711,143

-39.3%

1,170,703

Pre-Tax Profit

3,270,076

-69.4%

10,673,674

110.6%

5,068,683

Extraordinary Income

0

-100.0%

7,500

-87.4%

59,351

Extraordinary Charges

4,142

9,304.4%

-45

-100.0%

521,097

Net Profit

3,129,271

-70.2%

10,491,564

115.6%

4,866,557

Balance Sheet

Account Date

30/04/2010

%

30/04/2009

%

30/04/2008

Assets

- Tangible assets

0

-

0

-

0

Intangible assets

0

-

0

-

0

Financial assets

18,589,908

0.0%

18,589,908

0.0%

18,589,908

Total fixed assets

18,589,908

0.0%

18,589,908

0.0%

18,589,908

Stocks

0

-

0

-

0

Receivables

23,392,001

0.5%

23,280,292

-26.7%

31,770,585

- Trade Receivables

211,716

1,174.2%

16,616

-

0

- Misc. Receivables

23,180,285

-

23,263,676

-

31,770,585

Cash

518,039

4,441.8%

11,406

-70.4%

38,574

Misc. Current Assets

 

-

 

-

 

Total Current Assets

23,910,040

2.7%

23,291,698

-26.8%

31,809,159

Liabilities

Trade Accounts Payable

72,536

31.8%

55,016

-14.5%

64,345

Bank Loans and Liabilities

1,000,000

-66.8%

3,009,815

-76.5%

12,799,362

Sundry Loan and Liabilities

7,583,056

-

5,638,893

-

4,894,867

Advanced Payments Received

0

-

0

-

0

Tax and Social Liabilities

420,333

4,627.6%

8,891

-79.8%

43,961

Miscellaneous Liabilities

1,025,015

-

999,254

-

902,945

Provisions for Risks & Charges

114,374

102.2%

56,574

1,013.4%

5,081

Other Capital Resources

0

-

0

-

0

Share Capital

5,335,716

0.0%

5,335,716

0.0%

5,335,716

Revaluation Reserve

52,866

0.0%

52,866

0.0%

52,866

Other Reserves

27,010,426

-

26,781,155

-

26,289,591

Total Shareholders Funds

32,399,008

0.7%

32,169,737

1.6%

31,678,173

 

Total Assets

42,614,322

1.6%

41,938,180

-16.8%

50,399,067

Net Worth

32,399,008

-

32,169,737

-

31,678,173

Ratios

Account Date

30/04/2010

%

30/04/2009

%

30/04/2008

Structure

Protection

76.03%

 

76.71%

 

62.85%

Net Gearing

20.14%

 

20.62%

 

35.11%

Repayment Power

254.78%

 

73.23%

 

192.73%

Capital Requirement

18,763.00 day

 

22,071.00 day

 

4,084.00 day

Working Capital Requirement

18,586.00 day

 

23,018.00 day

 

5,397.00 day

Net Cash

177.00 day

 

-947.00 day

 

-1,311.00 day

 

Performance

Return on Invested Capital

-1.00%

 

-1.00%

 

-9.00%

Return on Equity

9.66%

 

32.61%

 

15.36%

Gross Profit

-41.09% Turnover

 

-37.21% Turnover

 

44.25% Turnover

Growth v's Year Ago Qtr

77,557€

 

-1,703,389€

 

-1,568,471€

Inventory Returns

0

 

0

 

0

Receivables Days

179.00 day

 

17.00 day

 

0

Payable Days

43.00 day

 

41.00 day

 

20.00 day

 

SIG

Profit

0

 

0

 

0

Gross Profit

-41.09% Turnover

 

-37.21% Turnover

 

44.25% Turnover

Wage and Salary distribution / Gross Profit

-30.33% Turnover

 

-42.55% Turnover

 

273.15% Turnover

Gross Operating Surplus

-56.31% Turnover

 

-63.92% Turnover

 

-80.17% Turnover

Pre-tax Income

767.78% Turnover

 

3,064.00% Turnover

 

247.04% Turnover

Net Profit/Loss

734.72%

 

3,011.72%

 

237.19%

 

 

FOREIGN EXCHANGE RATES

 

Na

ADDITIONAL INFORMATION

 

Establishment Details

Postal Address

7 RUE JEAN PIERRE TIMBAUD,
38130 ECHIROLLES,

Trading Address

7 RUE JEAN PIERRE TIMBAUD,
38130 ECHIROLLES,

Telephone

 

Fax

 

Type

Head office

Status

Economically active

Formation Date

06/1984

Reason for formation

Other

Closure Date

 

Reason for closure

 

Reactivation Date

 

Production Role

 

Activity Nature

 

Activity Location

 

Location Service

 

Seasonality

 

Other establishments

Branches

3 branch entities in this company

Company number

33021243200109

Company name

PHOTO-ME-FRANCE

Type

Head office

Activity (ape)

Activities of Holding Companie

Post Code

38130

City

ECHIROLLES

 

Company number

33021243200083

Company name

PHOTO-ME-FRANCE

Type

Secondary establishment

Activity (ape)

Activities of Holding Companie

Post Code

38130

City

ECHIROLLES

 

Company number

33021243200091

Company name

PHOTO-ME-FRANCE

Type

Secondary establishment

Activity (ape)

Activities of Holding Companie

Post Code

37330

City

CHATEAU LA VALLIERE

 

Regionality

Legal unit with all establishments in same area

Mono-activity status

Legal unit having all establishments with the same main activity

Workforces

Workforce at address

Workforce unknown

Company workforce

1 or 2 employees

 

Event history

Status history

Date

Description

09/10/2009

Economically active

 

Recent Publications in Gazettes

Publication Date

Gazette Name

Description

15/03/2011

C

Comptes annuels et rapports

38 - ISERE
GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE
5205 - 330212432 RCS. PHOTO ME FRANCE. Forme : Société par Actions Simplifiée. Adresse : 7 rue Jean Pierre Timbaud 38130 Échirolles. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/04/2010.

 

30/12/2009

C

Comptes annuels et rapports

38 - ISERE
GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE
3630 - 330212432 RCS. PHOTO ME FRANCE. Forme : Société par Actions Simplifiée. Adresse : 2110 avenue du Général de Gaulle 38130 Échirolles. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/04/2009.

 

22/12/2009

B

Modification et mutation diverse

38 - ISERE
GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE
559 - 330 212 432 RCS Grenoble. PHOTO ME FRANCE. Forme : Société par Actions Simplifiée. Administration : CABINET FINOT n'est plus commissaire aux comptes titulaire. SA à conseil d'administration AUDITEURS & CONSEILS ASSOCIES RHONE ALPES devient commissaire aux comptes titulaire. AUDITEURS ET CONSEILS ASSOCIES n'est plus commissaire aux comptes titulaire. DENIS Jean-Marcel nom d'usage : DENIS Jean-Marcel n'est plus commissaire aux comptes suppléant. Adresse du siège social : 7 rue Jean Pierre Timbaud, 38130 Échirolles. Commentaires : Nouveau siège. Modification de l'administration.

 

12/12/2008

C

Comptes annuels et rapports

38 - ISERE
GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE
2601 - 330212432 RCS. PHOTO ME FRANCE. Forme : Société par Actions Simplifiée. Adresse : 2110 avenue du Général de Gaulle 38130 Échirolles. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/04/2008.

 

11/12/2007

C

Avis de dépôt des comptes

3539 - 330 212 432. RCS Grenoble PHOTO ME FRANCE. Sigle: SKI Forme: société par actions simplifiée. Adresse du siège social: 2110 avenue du Général de Gaulle 38130 Échirolles. Comptes annuels et rapports de l'exercice clos le: 30 avril 2007.

 

17/12/2006

C

Avis de dépôt des comptes

2151 - RCS Grenoble B 330 212 432. RC 85-B 746. PHOTO ME FRANCE. Forme: S.A.S. Adresse du siège social: 2110, Avenue du Général de Gaulle,38130 Echirolles. Comptes annuels et rapports de l'exercice clos le: 30 avril 2006.

 

23/10/2005

C

Avis de dépôt des comptes

690 - RCS Grenoble B 330 212 432. RC 85-B 746. PHOTO ME FRANCE. Forme: société par actions simplifiée. Adresse du siège social: 2110, Avenue du Général de Gaulle,38130 Echirolles. Comptes annuels et rapports de l'exercice clos le: 30 avril 2005.

 

17/02/2005

B

Modifications et mutations diverses

428 - RCS Grenoble 330 212 432. RC 85-B 00746. PHOTO ME FRANCE. Sigle : SKI. Forme : S.A.S. Adresse du siège social : 2110 avenue du Général-de-Gaulle,, 38130 Administration : ancien commissaire aux comptes suppléant : RONIN (Philippe). Nomination en qualité de commissaire aux comptes suppléant : DENIS (Jean-Marcel).

 

04/08/2002

B

Modifications et mutations diverses

RCS Grenoble 330212432 RC 85-B 00746 PHOTO M.E. FRANCE. Sigle : SKI. Forme : S.A. S. Adresse du siège social : 2110 avenue du Général-de-Gaulle, 38130 Echirolles. Administration : ancien président du conseil d'administration : CRASNIANSKI ( Serge). Anciens administrateurs : DAN ( David) PEUROIS (Jean, Luc) GIUNTINI (François) et BLUM (Louis). Président : PHOTO M.E. INTERNATIONAL, représentée par CRASNIANSKI (Serge). Commentaires : modification survenue sur la forme juridique.

 

27/12/2001

B

Modifications et mutations diverses

RCS Grenoble B 330212432 RC 85-B 00746 PHOTO ME FRANCE. Sigle : S.K.I. Forme : S.A. à conseil d'administration. Capital : 5 335 716 euros. Adresse du siège social : 2110 avenue du Général-de-Gaulle, 38130 Echirolles. Administration : ancien administrateur : CRASNIANSKI (Michel). Nouvel administrateur : BLUM (Louis). Commentaires : modification survenue sur le capital.

 

22/12/2000

B

Modifications et mutations diverses

RCS Grenoble 330212432 RC 85-B 0746 PHOTO ME FRANCE. Forme : S.A. Capital : 35 000 000 de F. Adresse du siège social : 2110 avenue du Général-de-Gaulle, 38130 Echirolles. Administration : ancien administrateur : BERRIDGE (Peter). Date d'effet : 20 octobre 2000.

 

17/11/2000

B

Modifications et mutations diverses

RCS Grenoble 330212432 RC 85-B 0746 PHOTO ME FRANCE. Forme : S.A. Capital : 35 000 000 de F. Adresse du siège social : 2110 avenue du Général-de-Gaulle, 38130 Echirolles. Administration : ancien administrateur : OGBORNE (Peter). Date d'effet : 11 septembre 2000.

 

26/02/1998

B

Modifications et mutations diverses

RCS 330 212 432 Grenoble. RC 85-B 0746 PHOTO ME FRANCE. Forme : S.A. Capital : 35 000 000 de F. Adresse du siège social : 2110 avenue du Général-de-Gaulle, 38130 Echirolles. Administration : ancien commissaire aux comptes suppléant : Mme DIONIS DU SEJOUR (Geneviève) nouveau commissaire aux comptes suppléant : RONIN (Philippe). Date d'effet : 26 septembre 1997.

 

26/02/1998

B

Modifications et mutations diverses

RCS 330 212 432 Grenoble. RC 85-B 0746 PHOTO ME FRANCE. Forme : S.A. Capital : 35 000 000 de F. Adresse du siège social : 2110 avenue du Général-de-Gaulle, 38130 Echirolles. Commentaires : transfert du siège et de l' établissement principal de 21 avenue Général de Gaulle, 38100 Grenoble Etablissement principal: Adresse : 2110 avenue du Général-de-Gaulle, 38130 Echirolles. Date d'effet : 17 novembre 1997.

 

12/11/1995

B

Modifications et mutations diverses

RCS Grenoble B 330 212 432 RC 85-B 0746 PHOTO ME FRANCE. Forme : S.A. Capital : 35 000 000 de F. Adresse du siège social : 21 avenue Général-de-Gaulle, 38100 Grenoble. Administration : nomination en qualité d'administrateur : GIUNTINI ( François). Commentaires : ancienne dénomination : SOCIETE KIS INVESTISSEMENTS. Date d'effet : 5 septembre 1995.

 

 

Company events history

Date

Description

15/03/2011

Bodacc C : Deposit accounts notice

30/04/2010

New accounts available

30/12/2009

Bodacc C : Deposit accounts notice

22/12/2009

Bodacc B: Various editing or changing

04/11/2009

Updated articles of association

09/10/2009

Transfer of Establishment

09/10/2009

Update of Company Head Office Identifier

24/06/2009

Minutes of general meeting of shareholders

24/06/2009

Appointment/resignation of company officers

24/06/2009

Private document

30/04/2009

New accounts available

12/12/2008

Bodacc C : Deposit accounts notice

30/04/2008

New accounts available

30/04/2007

New accounts available

30/04/2006

New accounts available

30/04/2005

New accounts available

03/11/2004

Minutes of general meeting of shareholders

03/11/2004

Appointment/resignation of company officers

03/11/2004

Private document

30/04/2004

New accounts available

30/04/2003

New accounts available

24/06/2002

New legal form – no new category

24/06/2002

Private document

24/06/2002

Appointment/resignation of company officers

24/06/2002

Minutes of general meeting of shareholders

24/06/2002

Updated articles of association

24/06/2002

Audit or Management Report

07/12/2001

Minutes of general meeting of shareholders

07/12/2001

Updated articles of association

07/12/2001

Private document

07/12/2001

Conversion of equity to euro

07/12/2001

Capital increase

30/11/2000

Amendment

30/11/2000

Private document

13/10/2000

Private document

13/10/2000

Minutes of general meeting of shareholders

13/10/2000

Appointment/resignation of company officers

13/10/2000

Changes to the Board of Directors

07/01/1998

Appointment/resignation of company officers

07/01/1998

Private document

07/01/1998

Minutes of Board meeting

07/01/1998

New auditor

07/01/1998

Minutes of general meeting of shareholders

07/01/1998

Updated articles of association

07/01/1998

Registered office transferred inside jurisdiction of the Commercial Court

12/10/1995

Changes to the Board of Directors

12/10/1995

New company name

12/10/1995

Updated articles of association

12/10/1995

Minutes of general meeting of shareholders

12/10/1995

Appointment/resignation of company officers

27/09/1994

Private document

27/09/1994

Minutes of general meeting of shareholders

27/09/1994

Amendment

27/09/1994

Merger

27/09/1994

Capital increase

27/09/1994

Declaration of conformity

27/09/1994

Updated articles of association

22/06/1994

Audit or Management Report

22/06/1994

Amendment

30/05/1994

Amendment

30/05/1994

Planned merger

30/05/1994

Private document

06/05/1994

Application and court order

08/04/1994

New closing date

08/04/1994

Minutes of general meeting of shareholders

08/04/1994

Updated articles of association

08/04/1994

Changes to the Board of Directors

08/04/1994

Appointment/resignation of company officers

24/09/1993

Minutes of general meeting of shareholders

24/09/1993

Changes to the Board of Directors

24/09/1993

Appointment/resignation of company officers

25/06/1992

Application and court order

26/05/1992

Minutes of general meeting of shareholders

28/04/1992

Appointment/resignation of company officers

28/04/1992

Change to corporate purpose

28/04/1992

Changes to the Board of Directors

28/04/1992

New company name

28/04/1992

Merger

28/04/1992

Capital reduction

28/04/1992

Capital increase

28/04/1992

Minutes of general meeting of shareholders

10/03/1992

Change to corporate purpose

10/03/1992

New company name

10/03/1992

Declaration of conformity

10/03/1992

Updated articles of association

10/03/1992

Minutes of general meeting of shareholders

10/03/1992

Merger

10/03/1992

Capital increase

14/01/1992

Minutes of general meeting of shareholders

20/11/1991

Amendment

 

Establishment events history

Date

Description

02/02/2011

Update Rating

02/02/2011

Update Limit

21/01/2011

Update Rating

11/12/2009

Update Limit

09/10/2009

Formation of Head office (after transfer)

 

 

NOTES & COMMENTS

 

Na

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.37

UK Pound

1

Rs.78.50

Euro

1

Rs.67.59

 

 

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.