MIRA INFORM REPORT

 

 

Report Date :

07.04.2012

 

IDENTIFICATION DETAILS

 

Name :

ENESCO LLC

 

 

Registered Office :

225 Windsor Dr, Itasca, IL, 60143-1225

 

 

Country :

United States

 

 

Date of Incorporation :

1937

 

 

Legal Form :

Private Subsidiary

 

 

Line of Business :

Wholesale distribution of non-durable goods

 

 

No. of Employees :

1,182

 

 

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

 

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 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

United States

 

 

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name and address

 

Enesco LLC

 

 

 

225 Windsor Dr

 

 

Itasca, IL 60143-1225

United States

Map

 

Tel:

630-875-5300

Fax:

630-875-5350

 

Employees:

1,182

Company Type:

Private Subsidiary

Corporate Family:

17 Companies

Ultimate Parent:

Tinicum Enterprises

 

 

Incorporation Date:

1937

 

 

 

 

 

 

 

Reporting Currency:

US Dollar

Annual Sales:

244.4

Total Assets:

NA

 

 

 

 

 

 

Business Description

 

 

Founded in 1958, Enesco is one of the leading providers of giftware and home and garden decoration products in the world. It serves more than 44,000 customers and sells products through a network of specialty card, gift and direct mail retailers, as well as boutiques and mass market chains. The company also operates subsidiaries in the United Kingdom, France, Canada and Hong Kong. Enesco sells its products under various brands, such as Heartwood Creek, Foundations, Our Name is Mud, Boyds, Circle of Love, Country Artists, Walt Disney Classics Collection, Disney Traditions, Disney, Border Fine Arts, Cherished Teddies and Lilliput Lane. The company provides online shopping options.

 

 

Industry

 

 

Industry

Miscellaneous Capital Goods

ANZSIC 2006:

3739 - Other Goods Wholesaling Not Elsewhere Classified

NACE 2002:

5147 - Wholesale of other household goods

NAICS 2002:

42399 - Other Miscellaneous Durable Goods Merchant Wholesalers

UK SIC 2003:

5147 - Wholesale of other household goods

US SIC 1987:

5099 - Durable Goods, Not Elsewhere Classified

 

 

Key Executives   (Emails Available)

 

 

 

Name

Title

Thomas G. Bowles

Chief Executive Officer

Basil Elliot

President

Emily Brown

Vice President Us Finance

Michael Griffith

Vice President-US Sales

Josette Goldberg

Senior Vice President of Human Resources and Administration

 

News

 

 

Title

Date

Classical Reviews
Birmingham Post (UK) (1615 Words)

22-Mar-2012

Susan Azar Named President of Department 56
Business Wire (529 Words)

13-Feb-2012

Susan Azar changes position at Enesco, LLC
LexisNexis (26 Words)

13-Feb-2012

Christine Locatelli
Trenton Times (NJ) (286 Words)

30-Nov-2011

POLLAY
Post-Standard (Syracuse, NY) (45 Words)

20-Nov-2011

 

Profit & Loss Item Exchange Rate: USD 1 = USD 1

Balance Sheet Item Exchange Rate: USD 1 = USD 1

 

 

Corporate Overview

 

Enesco LLC

 

Location
225 Windsor Dr
Itasca, IL, 60143-1225

Du Page County
United States

 

Tel:

630-875-5300

Fax:

630-875-5350

 

Sales USD(mil):

244.4

Assets USD(mil):

NA

Employees:

1,182

 

Industry:

Miscellaneous Capital Goods

 

Incorporation Date:

1937

Company Type:

Private Subsidiary

Quoted Status:

Not Quoted

 

President:

Basil Elliot

Industry Codes

 

 

 

ANZSIC 2006 Codes:

3739

-

Other Goods Wholesaling Not Elsewhere Classified

 

NACE 2002 Codes:

5147

-

Wholesale of other household goods

 

NAICS 2002 Codes:

42399

-

Other Miscellaneous Durable Goods Merchant Wholesalers

 

US SIC 1987:

5099

-

Durable Goods, Not Elsewhere Classified

 

UK SIC 2003:

5147

-

Wholesale of other household goods

 

 

Business Description

 

 

Establishments primarily engaged in the wholesale distribution of non-durable goods, not elsewhere classified, such as art goods, industrial yarns, textile bags, and bagging and burlap.

 

 

 

 

 

 

More Business Descriptions

 

 

Founded in 1958, Enesco is one of the leading providers of giftware and home and garden decoration products in the world. It serves more than 44,000 customers and sells products through a network of specialty card, gift and direct mail retailers, as well as boutiques and mass market chains. The company also operates subsidiaries in the United Kingdom, France, Canada and Hong Kong. Enesco sells its products under various brands, such as Heartwood Creek, Foundations, Our Name is Mud, Boyds, Circle of Love, Country Artists, Walt Disney Classics Collection, Disney Traditions, Disney, Border Fine Arts, Cherished Teddies and Lilliput Lane. The company provides online shopping options.

 

 

Brand/Trade Names

 

 

Otagiri - Giftware

Presents - Giftware, now out of production

Small World Of Music - Giftware, now out of production

The Official Bingo Club - Giftware, now out of production

White Lace & Promises - Giftware, now out of production

Sun Shells - Giftware, now out of production

Tomorrow-Today Corp. - Giftware, now out of production

World Wildlife Fund - Giftware

Wobler's Woods - Giftware

The Gentle World Of Bessie Pease Gutmann - Giftware, now out of production

Via Vermont Ltd. - Giftware, now out of production

Artful Ornaments - Christmas tree ornaments

Currier & Ives - Giftware

Festivities By Enesco - Christmas tree ornaments

Gone With The Wind - Giftware, now out of production

Kinka - Giftware, now out of production

Living Legends - Giftware, now out of production

Maud Humphrey Bogart - Giftware, now out of production

Noel Naturals - Giftware

Precious Moments Baby Collection - Infant product

Sammy's Circus - Figurines

Tender Tails - Toys - banks

Africana - Giftware

Christmas Classics - Giftware

Enesco Small World Of Music - Giftware

Gifted Greetings - Giftware, now out of production

Ivory Cats - Giftware, now out of production

Little Big Top - Giftware, now out of production

Mary's Moo Moos - Figurines

National Audubon Society - Giftware, now out of production

Pine Hollow - Giftware, now out of production

Rudolph The Red-Nosed Reindeer - Giftware, now out of production

Brambley Hedge - Giftware, now out of production

Disney - Giftware, now out of production

Folk Art - Giftware

Grimmy - Giftware, now out of production

Kitten Knits - Giftware, now out of production

Looking Glass Legends - Figurines, now out of production

Memories Of Yesterday - Figurines, now out of production

North Pole Village - Figurines, now out of production

Precious Moments Collectors' Club - Figurines

Sea Scapes - Giftware

Tender Tails - Toys - stuffed

Turkey Tableware - Tableware - earthenware

All That Jazz - Figurines, now out of production

Country Cousins - Giftware, now out of production

Festivities By Enesco - Novelty items - paper

Golden Elegance - Giftware

Jenny - Giftware, now out of production

Little Moments - Figurines

Masters Of The River - Figurines

Nature In Harmony - Giftware

Precious Moments - Giftware, now out of production

Saminals - Figurines

Teacup Village - Giftware, now out of production

Treasured Memories - Figurines, now out of production

You're An Angel - Giftware

Accent On Nature - Giftware

Cherished Teddies By Enesco - Figurines

Enesco Gift Gallery - Giftware

Garfield - Giftware, now out of production

Holly Babes - Giftware, now out of production

Lilliput Lane - Figurines

Market Days - Giftware

Natcracker - Giftware

Phantom Of The Opera - Giftware, now out of production

Purebred Pets - Giftware, now out of production

Sugar Town - Figurines

The Rose O'Neill Kewpie Collection - Giftware, now out of production

A Festival Of Flower Fairies - Giftware, now out of production

Cherished Teddies - Giftware, now out of production

Enesco Designed - Giftware

Frosty The Snowman - Giftware, now out of production

Harvest Fields - Giftware

Lieblings - Giftware, now out of production

Lucy & Me - Giftware, now out of production

Mouse-L-Toe - Giftware, now out of production

Paddington Bear - Figurines, now out of production

Pretty As A Picture - Giftware

Sports Impressions Inc. - Giftware, now out of production

The Official Bowling Club - Giftware, now out of production

Wizard Of Oz - Giftware, now out of production

Calico Kittens - Figurines, now out of production

Eggbert - Giftware, now out of production

Fred Aman Limited Editions - Giftware, now out of production

Growing Up - Figurines, now out of production

Laura's Attic - Figurines

Louis Icart - Giftware, now out of production

Miceville - Giftware, now out of production

Opening Night - Figurines, now out of production

Precious Moments Pals - Toys - stuffed

Sisters & Best Friends - Giftware, now out of production

Treasury Of Christmas Ornaments - Christmas tree ornaments, now out of production

Ziggy - Giftware, now out of production

Celestial Symphony - Giftware, now out of production

Elusive Legend - Giftware, now out of production

Fresh Country - Giftware

Hamilton Gifts Ltd. - Glassware - household, now out of production

Li'l Vagabond - Giftware, now out of production

Love N' Stuff - Giftware, now out of production

Miss Martha's - Figurines, now out of production

 

 

Financial Data

 

 

Financials in:

USD(mil)

 

Revenue:

244.4

1 Year Growth

NA

 

 

Additional Information

 

 

ABI Number:

007535180

 

 

 

Enesco LLC

 

 

Location

225 Windsor Dr
Itasca, IL 60143-1225
United States

 

County:

Du Page

MSA:

Chicago, IL

 

 

Phone:

630-875-5300

Fax:

630-875-5350

URL:

http://enesco.com

 

ABI©:

007535180

 

Annual Sales:

$244,434,000 (USD)

Employees:

1,182

 

Facility Size(ft2):

40,000+

 

Business Type:

Private

Location Type:

Headquarter

 

Primary Line of Business:

SIC:

5199-10

NAICS:

424990 - Other Nondurable Goods Merchant Whols

Secondary Lines of Business:

NAICS:

423990 - All Other Durable Goods Merchant Whols

SICs:

5099-05 -

 

8742-13 -

 

541613 - Marketing Consulting Svcs

 

Table of Contents

 

Profile Links

Similar Businesses in the Area

Closest Neighbors

Disclaimer

External Links

http://enesco.com

OneSource Company Profile

 

 

 

Similar Businesses in the Area *

 

Zans Enterprises
747 N Church Rd
Elmhurst, IL 60126-1420

Alpha Acrylic Design
221 W University Dr
Arlington
Hts, IL 60004-1809

Enesco International Limited
225 Windsor Dr
Itasca, IL 60143-1225

Nobilis Inc
3689 Commercial Ave
Northbrook, IL 60062-1822

Spirit Sales
5959 N Elston Ave
Chicago, IL 60646-5504

Crystal Gifts & More
405 36th St
Downers Grove, IL 60515-1640

Market Place Gifts Limited
3710 Commercial Ave Ste: 7
Northbrook, IL 60062-1843

Tripar International Inc
20 Presidential Dr
Roselle, IL 60172-3913

DEPARTMENT 56
225 Windsor Dr
Itasca, IL 60143-1200

Xox Gift Books & Designs
20216 N Wallingford Ln
Deer Park, IL 60010-3740

 

 

 

 

   * 

Similar Businesses are defined as the closest businesses sharing the same six-digit primary SIC code ( 5199-10) regardless of size.

Top

Closest Neighbors

 

Enesco International Limited
225 Windsor Dr
Itasca, IL 60143-1225

Messina & Patek LLP
1525 Kautz Rd Ste: 1000
West Chicago, IL 60185-9617

Bollinger Lach & Associates
333 W Pierce Rd Ste: 200
Itasca, IL 60143-3147

Engineered Efficiency
700 Springer Dr
Lombard, IL 60148-6411

Hervas Condon & Bersani
333 W Pierce Rd Ste: 195
Itasca, IL 60143-3156

Hyper Edge Inc
333 W Pierce Rd
Itasca, IL 60143-3116

Corporate Structure News:

 

Enesco LLC

Enesco LLC
Total Corporate Family Members: 17
Excluded Small Branches and/or Trading Addresses: 6 (Available via export)

 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

Tinicum Enterprises

Parent

 

 

 

 

 

Tinicum Capital Partners, LP

Subsidiary

 

 

 

 

 

Enesco LLC

Subsidiary

Itasca, IL

United States

Miscellaneous Capital Goods

244.4

1,182

Enesco International Ltd

Subsidiary

Itasca, IL

United States

Miscellaneous Capital Goods

 

250

N.C. Cameron & Sons Ltd

Subsidiary

Mississauga, ON

Canada

Retail (Specialty)

 

110

Department 56

Subsidiary

Itasca, IL

United States

Retail (Specialty)

 

160

Gund

Subsidiary

Edison, NJ

United States

Recreational Products

23.9

100

Candym Enterprises

Subsidiary

Markham, ON

Canada

Personal and Household Products

41.4

50

Enseco LLC

Subsidiary

Irvine, CA

United States

Retail (Specialty)

3.0

25

PennEngineering

Affiliates

Doylestown, PA

United States

Miscellaneous Fabricated Products

 

400

Penn Engineering

Branch

Winston Salem, NC

United States

Engineering Consultants

50.3

243

 

 

Executives Report



 

Board of Directors

 

Name

Title

Function

 

Matt Bousquette

 

Chairman

Chairman

 

Richard W. Blackburn

 

Director

Director/Board Member

 

Donna Brooks Lucas

 

Director

Director/Board Member

 

David C. du Four

 

Director

Director/Board Member

 

Judith R. Haberkorn

 

Director

Director/Board Member

 

Roger A. Odell

 

Director

Director/Board Member

 

Thane A. Pressman

 

Director

Director/Board Member

 

 

Executives

 

Name

Title

Function

 

Thomas G. Bowles

 

Chief Executive Officer

Chief Executive Officer

 

Susan Azar

 

President of Department 56

President

 

Basil Elliot

 

President

President

 

Bruce S. Raiffe

 

President of GUND

President

 

Anthony G. Testolin

View Email

Principal Financial Officer & Chief Accounting Officer

President

 

Tai Jen Chan

 

Senior Vice President Asian Operations and Product Development

Operations Executive

 

Josette Goldberg

View Email

Senior Vice President of Human Resources and Administration

Administration Executive

 

Becky Jagielski

View Email

Benefits Administrator

Administration Executive

 

Emily Brown

View Email

Vice President Us Finance

Finance Executive

 

Jeff Bowen

View Email

Director-Human Resources

Human Resources Executive

 

Michael Griffith

View Email

Vice President-US Sales

Sales Executive

 

Larry Plotkin

View Email

Director of Worldwide Logistics

International Executive

 

Katharine Alzona

View Email

Marketing Creative Design

Marketing Executive

 

Vicky Christensen

View Email

Director of Information Technology

Information Executive

 

Warren Pierce

View Email

Vice President Information Systems

Information Executive

 

Scott Saacke

View Email

Senior Vice President-Information Technology

Information Executive

 

Jim Mcqueeny

View Email

Vice President Call Center

Telecommunications Executive

 

Debbie Ralph

View Email

Purchasing Agent

Purchasing Executive

 

 

Marketing Weekly News: 23 February 2012
[What follows is the full text of the news story.]

Enesco, LLC, the leading global designer, producer and marketer of branded giftware, home and garden decor, announced that Susan Azar has been named President of Department 56, a wholly-owned subsidiary of Enesco.

Commenting on Ms. Azar's appointment, Thomas G. Bowles, Chief Executive Officer of Enesco said, "Sue's breadth of knowledge of the gift industry, her vast experience both at the retail and supplier level along with her strong leadership skills have led Department 56 to be the successful company they are. There is no question that her dedication and determination to make Department 56 a leader in the industry has led her team to success. I cannot think of anyone else that is better suited to lead the company forward in its continuing growth path than Sue. She is an asset to our entire Company."

Expressing her enthusiasm, Ms. Azar added, "I am very excited about the team of talented people we have built at Department 56. The vision, creativeness and artistry we possess together with the ability to implement those ideas into making high quality gifts and collectibles for our loyal and valuable customers, make Department 56 one of the finest companies in our industry. I look forward to the opportunity of continuing to lead Department 56 into the future."

Ms. Azar, a graduate of the University of Wisconsin with a Bachelor of Science in Retailing, began her career with Dayton-Hudson-Marshall Fields, where she held a variety of merchandising roles in the Tabletop and Gift areas. After approximately 20 years, Ms. Azar joined Lenox Corporation, a supplier of fine china as Vice President of Sales, which was subsequently purchased by Department 56. At Department 56, Ms. Azar held leadership roles in both sales and marketing. When Enesco purchased Department 56 in 2009, Sue's leadership was instrumental in guiding the Company through the transition and onto the revitalization of Department 56 as the premier brand and leader in its space. Prior to being named President of Department 56, Ms. Azar held the position of General Manager.

Business Wire: 13 February 2012
[What follows is the full text of the news story.]

ITASCA, Ill.--(BUSINESS WIRE)-- Enesco, LLC, the leading global designer, producer and marketer of branded giftware, home and garden d�cor, announced today that Susan Azar has been named President of Department 56, a wholly-owned subsidiary of Enesco.

Commenting on Ms. Azar�s appointment, Thomas G. Bowles, Chief Executive Officer of Enesco said, �Sue�s breadth of knowledge of the gift industry, her vast experience both at the retail and supplier level along with her strong leadership skills have led Department 56 to be the successful company they are. There is no question that her dedication and determination to make Department 56 a leader in the industry has led her team to success. I cannot think of anyone else that is better suited to lead the company forward in its continuing growth path than Sue. She is an asset to our entire Company.�

Expressing her enthusiasm, Ms. Azar added, �I am very excited about the team of talented people we have built at Department 56. The vision, creativeness and artistry we possess together with the ability to implement those ideas into making high quality gifts and collectibles for our loyal and valuable customers, make Department 56 one of the finest companies in our industry. I look forward to the opportunity of continuing to lead Department 56 into the future.�

Ms. Azar, a graduate of the University of Wisconsin with a Bachelor of Science in Retailing, began her career with Dayton-Hudson-Marshall Fields, where she held a variety of merchandising roles in the Tabletop and Gift areas. After approximately 20 years, Ms. Azar joined Lenox Corporation, a supplier of fine china as Vice President of Sales, which was subsequently purchased by Department 56. At Department 56, Ms. Azar held leadership roles in both sales and marketing. When Enesco purchased Department 56 in 2009, Sue�s leadership was instrumental in guiding the Company through the transition and onto the revitalization of Department 56 as the premier brand and leader in its space. Prior to being named President of Department 56, Ms. Azar held the position of General Manager.

About Enesco, LLC

Enesco, LLC is a global leader in the giftware and home and garden d�cor industries serving more than 30,000 customers worldwide. Enesco�s products include some of the world�s most recognizable brands in its trading space including: Department 56 Villages, The Grinch, Peanuts, Disney, Dr. Seuss, Snowbabies, Possible Dreams, Gund Teddy Bears, Sesame Street, Boyd�s Bears, Jim Shore�s Disney Traditions and many others. Enesco distributes its products to a wide variety of specialty card and gift retailers, home d�cor boutiques, department stores as well as large national chains and direct mail retailers. For more information, visit www.Enesco.com.

About Department 56

Department 56 is a wholly owned subsidiary of Enesco, LLC specializing in collectibles, giftware and holiday home d�cor. The company is based in Eden Prairie, Minnesota. Department 56 products can be found in more than 4,000 retail outlets including gift, specialty, floral, toy, book and department stores. For more information, visit www.Department56.com.

Enesco, LLC
Doris Bernar, (630) 875-5524
dbernar@enesco.com

LexisNexis: 13 February 2012
[What follows is the full text of the news story.]

 

Itasca, IL - An executive change event has been reported at Enesco, LLC of Itasca, IL. Susan Azar, Gen Mgr-Department 56 has been named Pres-Department 56.

POLLAY

Post-Standard (Syracuse, NY): 20 November 2011
[What follows is the full text of the news story.]

 

Kathy (Littlefield) Pollay

November 16, 2011

Kathy Littlefield Pollay, 65, retired in 2008 from Enesco as a sales consultant. Celebration of her life will be in the spring. Contributions: Kathy Pollay Alumni Ambassador Program Endowment, SUNY Cobleskill Alumni Association, 211 Knapp Hall Cobleskill, NY 12043.

About GUND�:

GUND, a division of Enesco, LLC, is known worldwide for its top quality, soft and huggable plush designs and gift products. Award-winning GUND products appeal to all ages, from infants up, and are perfect for both play and collecting. The 113-year old company is based in Edison, New Jersey, and distributes throughout the United States and Canada as well as in Europe, Japan, Australia and South America. GUND products may be found in gift, specialty, toy, book, museum and department stores and many other retail outlets. To find your nearest retailer, visit www.gund.com.

About Enesco, LLC:

Enesco, LLC, is a global leader in the giftware and home and garden d�cor industries. Serving more than 44,000 customers worldwide, Enesco distributes products to a wide variety of specialty card and gift retailers, home d�cor boutiques, mass-market chains and direct mail retailers. With subsidiaries in the United Kingdom, France, Canada and Hong Kong, Enesco serves markets operating in Europe, the Americas, Australia and Asia. The company�s product lines include some of the world�s most recognized brands including Heartwood Creek� by Jim Shore, Foundations�, Our Name is Mud�, Gund�, Boyds�, Department 56� Villages, Country Artists�, Walt Disney Classics Collection�, Disney Traditions�, Border Fine Arts�, Cherished Teddies�, The Trail of Painted Ponies�, and Lilliput Lane, among others. Further information is available on the company�s Web site at www.enesco.com.

Enesco Promotes Susan Azar to President of Department 56

 

 

 

Professional Services Close-Up
18 February 2012

 

 

[What follows is the full text of the article.]

Enesco, a designer, producer and marketer of branded giftware, home and garden decor, announced that Susan Azar has been named President of Department 56, a wholly-owned subsidiary of Enesco.

Commenting on Azar's appointment, Thomas G. Bowles, Chief Executive Officer of Enesco said, "Sue's breadth of knowledge of the gift industry, her vast experience both at the retail and supplier level along with her strong leadership skills have led Department 56 to be the successful company they are. There is no question that her dedication and determination to make Department 56 a leader in the industry has led her team to success. I cannot think of anyone else that is better suited to lead the company forward in its continuing growth path than Sue. She is an asset to our entire Company."

Azar added, "I am very excited about the team of talented people we have built at Department 56. The vision, creativeness and artistry we possess together with the ability to implement those ideas into making high quality gifts and collectibles for our loyal and valuable customers, make Department 56 one of the finest companies in our industry. I look forward to the opportunity of continuing to lead Department 56 into the future."

In a release, the Company said that Azar began her career with Dayton-Hudson-Marshall Fields, where she held a variety of merchandising roles in the Tabletop and Gift areas. After approximately 20 years, Azar joined Lenox Corp., a supplier of fine china as Vice President of Sales, which was subsequently purchased by Department 56. At Department 56, Azar held leadership roles in both sales and marketing. When Enesco purchased Department 56 in 2009, Sue's leadership was instrumental in guiding the Company through the transition and onto the revitalization of Department 56 as the premier brand and leader in its space. Prior to being named President of Department 56, Azar held the position of General Manager.

((Comments on this story may be sent to health@closeupmedia.com))

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.51.04

UK Pound

1

Rs.81.08

Euro

1

Rs.67.39

 

 

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.