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MIRA INFORM REPORT
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Report Date : |
10.09.2011 |
IDENTIFICATION DETAILS
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Name : |
B.F.R.S. (UK) LTD. |
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Registered Office : |
50 Salisbury Road, Heathrow, Hounslow, TW4 6JQ |
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Country : |
United Kingdom |
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Financials (as on) : |
30.06.2010 |
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Date of Incorporation : |
08.06.2006 |
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Com. Reg. No.: |
05841025 |
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Legal Form : |
Private Independent Company |
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Line of Business : |
Waste Management Services |
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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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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Litigation : |
---- |
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
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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United Kingdom |
a1 |
a1 |
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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 |
B.F.R.S. (UK) Ltd.
50 Salisbury Road
Heathrow
Hounslow, TW4 6JQ
United Kingdom
Employees: NA
Company Type: Private Independent
Quoted Status: Non-quoted Company
Incorporation Date:
08-Jun-2006
Auditor: Goldstar Accountants Ltd
Financials in: USD
(Millions)
Fiscal Year End:
30-Jun-2010
Reporting Currency: British
Pound Sterling
Annual Sales: NA
Total Assets: 1.4
Dormant.
Industry
Industry Waste Management Services
ANZSIC 2006: 29 - Waste Collection,
Treatment and Disposal Services
NACE 2002: 3710 - Recycling
of metal waste and scrap
NAICS 2002: 562920 - Materials
Recovery Facilities
UK SIC 2003: 3710 - Recycling
of metal waste and scrap
US SIC 1987: 4953 - Refuse
Systems
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Name |
Title |
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Khaja Osmanudinn Atif Mohammed |
Director |
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Registered No.(UK): 05841025
1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6336074
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6684045
Location
50 Salisbury Road
Heathrow
Hounslow, TW4 6JQ
Middlesex County
United Kingdom
Sales GBP(mil): NA
Assets GBP(mil): 0.9
Employees: NA
Fiscal Year End: 30-Jun-2010
Industry: Waste
Management Services
Registered
Address:
50 Salisbury Road
Heathrow
Hounslow, TW4 6JQ
United Kingdom
Incorporation Date: 08-Jun-2006
Company Type: Private
Independent
Quoted Status: Not
Quoted
Registered No.(UK): 05841025
Director: Khaja
Osmanudinn Atif Mohammed
Contents
· Industry Codes
· Business Description
· Financial Data
· Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
29 - Waste Collection, Treatment and
Disposal Services
NACE 2002 Codes:
3710 - Recycling of metal waste and scrap
NAICS 2002 Codes:
562920 - Materials Recovery Facilities
US SIC 1987:
4953 - Refuse Systems
UK SIC 2003:
3710 - Recycling of metal waste and scrap
Business
Description
Dormant.
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Board
of Directors |
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Director |
Director/Board Member |
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Main Office Address: |
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Annual Return Date: 08 Jun 2011 |
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Individual Directors |
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Name |
Status |
DOB |
Filed
Address |
Appointment
Date |
Resignation
Date |
Summary
of Directorships |
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Current |
30 Jan 1982 |
5 Field Close, |
20 Jun 2006 |
NA |
Current:1 |
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Previous |
29 Oct 1982 |
45 Blyth Road, |
28 Dec 2006 |
08 Aug 2007 |
Current:0 |
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Corporate Directors |
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Company Name |
Status |
Registered Address |
Appointment Date |
Resignation Date |
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Highstone Directors Limited |
Previous |
Highstone House 165 High Street, |
08 Jun 2006 |
09 Jun 2006 |
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Individual Secretaries |
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Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
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Previous |
29 Oct 1982 |
45 Blyth Road, |
28 Dec 2006 |
08 Aug 2007 |
Current:0 |
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Previous |
19 Oct 1973 |
5 Field Close, |
20 Jun 2006 |
28 Dec 2006 |
Current:0 |
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Previous |
NA |
5 Field Close, Harlington, |
08 Aug 2007 |
08 Jan 2009 |
Current:0 |
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Previous |
NA |
5 Field Close, Harlington, |
08 Jan 2009 |
19 Jun 2009 |
Current:0 |
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Corporate Secretaries |
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Company Name |
Status |
Registered Address |
Appointment Date |
Resignation Date |
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Highstone Secretaries Limited |
Previous |
Highstone House 165 High Street, |
08 Jun 2006 |
09 Jun 2006 |
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Individual Shareholders |
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Name |
Share Details |
Share Type |
# of Shares |
Share Price (GBP) |
Share Value (GBP) |
% of Total Shares |
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Khaja Osmanudin Atif Mohammed |
100 Ordinary GBP 1.00 |
Ordinary |
100 |
1.00 |
100.00 |
100.00 |
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Corporate Shareholders |
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There are no corporate shareholders for this company. |
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Financials in: USD
(mil)
Except for share
items (millions) and per share items (actual units)
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30-Jun-2010 |
30-Jun-2009 |
30-Jun-2008 |
30-Jun-2007 |
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Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
55 Weeks |
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Filed Currency |
GBP |
GBP |
GBP |
GBP |
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Exchange Rate (Period Average) |
0.633607 |
0.627423 |
0.499214 |
0.517836 |
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Consolidated |
No |
No |
No |
No |
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Depreciation |
0.0 |
0.0 |
- |
- |
Financials in: USD (mil)
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30-Jun-2010 |
30-Jun-2009 |
30-Jun-2008 |
30-Jun-2007 |
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Filed Currency |
GBP |
GBP |
GBP |
GBP |
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Exchange Rate |
0.668405 |
0.60722 |
0.502475 |
0.498418 |
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Consolidated |
No |
No |
No |
No |
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Land &
Buildings |
- |
- |
0.0 |
0.0 |
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Fixtures &
Fittings |
- |
- |
0.0 |
0.0 |
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Plant &
Vehicles |
- |
- |
0.0 |
0.0 |
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Total Tangible
Fixed Assets |
0.0 |
0.0 |
0.0 |
0.0 |
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Intangible Assets |
0.0 |
0.0 |
0.0 |
0.0 |
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Investments |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Fixed Assets |
0.0 |
0.0 |
0.0 |
0.0 |
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Stocks |
- |
- |
0.0 |
0.0 |
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Work in Progress |
- |
- |
0.0 |
0.0 |
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Total Stocks Work
In Progress |
0.7 |
0.3 |
0.0 |
0.0 |
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Trade Debtors |
- |
- |
- |
0.0 |
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Inter-Company
Debtors |
- |
- |
- |
0.0 |
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Director Loans |
- |
- |
- |
0.0 |
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Other Debtors |
- |
- |
- |
0.0 |
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Total Debtors |
0.7 |
0.7 |
0.1 |
0.0 |
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Cash and
Equivalents |
0.0 |
0.1 |
0.0 |
0.0 |
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Other Current
Assets |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Current
Assets |
1.4 |
1.1 |
0.1 |
0.0 |
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Total Assets |
1.4 |
1.1 |
0.1 |
0.0 |
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Trade Creditors |
- |
- |
- |
0.0 |
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Bank Overdraft |
- |
- |
- |
0.0 |
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Inter-Company
Creditors |
- |
- |
- |
0.0 |
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Director Loans
(Current Liability) |
- |
0.1 |
- |
0.0 |
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Hire Purchase
(Current Liability) |
- |
- |
- |
0.0 |
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Finance Lease
(Current Liability) |
- |
- |
- |
0.0 |
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Total Finance
Lease/Hire Purchase (Current Liability) |
- |
- |
- |
0.0 |
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Total Short Term
Loans |
- |
- |
- |
0.0 |
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Accruals/Deferred Income
(Current Liability) |
- |
- |
- |
0.0 |
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Social
Security/VAT |
- |
- |
- |
0.0 |
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Corporation Tax |
- |
- |
- |
0.0 |
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Dividends (Current
Liability) |
- |
- |
- |
0.0 |
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Other Current
Liabilities |
1.3 |
1.0 |
0.1 |
0.0 |
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Total Current
Liabilities |
1.3 |
1.1 |
0.1 |
0.0 |
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Group Loans (Long
Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
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Director Loans
(Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
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Hire Purchase
(Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
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Leasing (Long Term
Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Hire
Purchase Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
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Other Long Term
Loans |
0.0 |
0.0 |
0.0 |
0.0 |
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Accruals/Deferred
Income (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
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Other Long Term
Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Long Term
Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
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Deferred Taxation |
0.0 |
0.0 |
0.0 |
0.0 |
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Other Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
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Issued Capital |
0.0 |
0.0 |
0.0 |
0.0 |
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Share Premium
Accounts |
0.0 |
0.0 |
0.0 |
0.0 |
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Revaluation
Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
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Retained Earnings |
0.0 |
0.0 |
0.0 |
0.0 |
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Other Reserves |
0.0 |
0.0 |
0.0 |
0.0 |
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Minority Interests
(Balance Sheet) |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Shareholders
Funds |
0.0 |
0.0 |
0.0 |
0.0 |
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Net Worth |
0.0 |
0.0 |
0.0 |
0.0 |
Financials in: USD
(mil)
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|
30-Jun-2010 |
30-Jun-2009 |
30-Jun-2008 |
30-Jun-2007 |
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Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
55 Weeks |
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Filed Currency |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate (Period Average) |
0.633607 |
0.627423 |
0.499214 |
0.517836 |
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Consolidated |
No |
No |
No |
No |
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Financials in: USD (mil)
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|
30-Jun-2010 |
30-Jun-2009 |
30-Jun-2008 |
30-Jun-2007 |
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Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
55 Weeks |
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Filed Currency |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.668405 |
0.60722 |
0.502475 |
0.498418 |
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Consolidated |
No |
No |
No |
No |
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Current Ratio |
1.03 |
1.03 |
1.05 |
- |
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Liquidity Ratio |
0.51 |
0.78 |
1.05 |
- |
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Borrowing Ratio |
- |
326.75% |
- |
- |
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Equity Gearing |
2.90% |
2.64% |
4.35% |
100.00% |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.46.38 |
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UK Pound |
1 |
Rs.74.01 |
|
Euro |
1 |
Rs.64.48 |
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.