MIRA INFORM REPORT
|
Report Date : |
10.04.2012 |
Supplement
We refer to your enquiry of
16.03.2012. In the meantime there have been changes in particular in the
following areas subject to monitoring:
- Balance sheets
Mayer & Cie GmbH & Co. KG
Emil-Mayer-Str. 10
D 72461 Albstadt
Post Box:
20 15 80
Telephone: 07432/700-0
Telefax: 07432/700-315
Homepage: www.mayercie.de
E-mail: info@mayercie.de
DE144843258
Business relations are permissible.
LEGAL FORM Ltd partnership with priv. ltd. company as
general partner
Date of foundation: 1905
Registered on: 19.12.1972
Register of
companies: Local court 70190 Stuttgart
under: HRA 400260
Total cap. contribution:
EUR 25,400,000.00
Sibylle Mauthe-Mayer
Leimenstr. 16
D 72461 Albstadt
born: 15.08.1951
née: Mayer
Share: EUR
7,800,000.00
Limited partner:
Rainer Mayer
Alexander-von-Humboldt-Str.
23
D 72458 Albstadt
born: 18.08.1947
Share: EUR 5,056,000.00
Limited partner:
Peter Mayer jun.
D 20095 Hamburg
born: 31.12.1969
Share: EUR
4,400,000.00
Limited partner:
Marcus Mayer jun.
D 72336 Balingen
Share: EUR 4,400,000.00
Limited partner:
Benjamin Mayer
D 72458 Albstadt
Share: EUR 1,872,000.00
Limited partner:
Sebastian Mayer
D 72458 Albstadt
Share: EUR 1,872,000.00
Mayer Verwaltungs-Gesellschaftmit
beschränkter Haftung
Emil-Mayer-Str. 10
D 72461 Albstadt
Legal form: Private limited company
Share capital: EUR 60,000.00
Registered on: 15.11.1972
Reg. data: 70190 Stuttgart, HRB 400116
Rainer Mayer
Alexander-von-Humboldt-Str.
23
D 72458 Albstadt
born: 18.08.1947
Share: EUR 30,000.00
Shareholder:
Marcus Mayer
D 72336 Balingen
born: 05.01.1973
Share: EUR 30,000.00
Rainer Mayer
Alexander-von-Humboldt-Str.
23
D 72458 Albstadt
having sole power of representation
born: 18.08.1947
Profession: Fully qualified merchant
Marital status: married
Manager:
Josef Kleebinder
D 72458 Albstadt
having sole power of representation
born: 30.11.1959
Marcus Mayer
D 72336 Balingen
born: 05.01.1973
Proxy:
Rainer Müller
D 72379 Hechingen
authorized to jointly represent the company
born: 22.01.1962
Proxy:
Wolfgang Müller
D 72461 Albstadt
authorized to jointly represent the company
born: 10.05.1968
Proxy:
Klaus Sickinger
D 72336 Balingen
authorized to jointly represent the company
born: 02.07.1964
Sectors
28940 Manufacture of
machinery for textile, apparel and leather production
Limited partner:
Hans
Rüster GmbH & Co. KG Platinenfabrik
Jahnstr. 25-27
D
73326 Deggingen
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total
cap. EUR 4,039,205.86
contribution:
Share: EUR 4,039,205.86
Reg.
data: 09.08.1951
Local court 89073 Ulm
HRA 540524
Limited partner:
IVGD
GmbH & Co. KG
Emil-Mayer-Str. 10
D
72461 Albstadt
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total
cap. EUR 3,500,000.00
contribution:
Share: EUR 3,500,000.00
Reg.
data: 08.08.2011
Local court 70190 Stuttgart
HRA 726659
Shareholder:
Mayer
Recond GmbH
Emil-Mayer-Str. 10
D
72461 Albstadt
Legal form:
Private limited company
Company Status: in since:
11.12.2009
liquidation
Share
capital: EUR 800,000.00
Share: EUR 800,000.00
Reg.
data: 19.05.1988
Local court 70190 Stuttgart
HRB 410539
Shareholder:
MTC
International Holding GmbH
Emil-Mayer-Str.
10
D
72461 Albstadt
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 500,000.00
Share: EUR 500,000.00
Reg.
data: 31.10.2001
Local court 70190 Stuttgart
HRB 401278
Shareholder:
EL
Holding GmbH
Emil-Mayer-Str. 10
D
72461 Albstadt
Legal
form: Private limited company
Company Status: in since:
23.06.2010
liquidation
Share
capital: EUR 60,000.00
Share: EUR 60,000.00
Reg.
data: 23.11.1995
Local court 70190 Stuttgart
HRB 401002
Shareholder:
Verwaltungsgesellschaft Hans Rüster mit
beschränkter Haftung
Jahnstr. 25-27
D
73326 Deggingen
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 51,129.19
Share: EUR 51,129.19
Reg.
data: 28.12.1967
Local court 89073 Ulm
HRB 540139
Shareholder:
Mayer
& Cie. Service- und Leasing GmbH
Emil-Mayer-Str. 10
D
72461 Albstadt
Legal
form: Private limited company
Company Status: insolvent since:
05.10.2009
Share
capital: EUR 50,000.00
Share: EUR 50,000.00
Reg.
data: 11.01.1990
Local court 70190 Stuttgart
HRB 400731
Shareholder:
IVGD-Beteiligungs-GmbH
Emil-Mayer-Str. 10
D 72461
Albstadt
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,600.00
Share: EUR 25,600.00
Reg. data: 12.12.1972
Local court 70190 Stuttgart
HRB 590141
Shareholder:
SPINIT
Entwicklungs-und Betreiber-GmbH
Emil-Mayer-Str. 10
D
72461 Albstadt
Legal
form: Private limited company
Company Status: in since:
16.11.2009
liquidation
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 02.03.2006
Local court 70190 Stuttgart
HRB 401441
Shareholder:
MEC Mayer Engineering &
Consulting GmbH
Emil-Mayer-Str. 10
D
72461 Albstadt
Legal
form: Private limited company
Company Status: in since:
04.03.2010
liquidation
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 24.09.2009
Local court 70190 Stuttgart
HRB 731269
Shareholder:
MATEX
Mayer Textilmaschinen Vertriebs GmbH
Emil-Mayer-Str. 10
D
72461 Albstadt
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 09.10.2001
Local court 70190 Stuttgart
HRB 401269
Payment experience: cash
discount/within agreed terms
Negative information: Negative
information is known to us.
Maximum credit: 216,000 EUR
Insolvency
Proceedings
Local court
: 72379 Hechingen
File No
: 10 IN 182/09
Insolvency plan
- Surveillance
proceedings revoked on:
06.02.2012
Type of ownership: proprietor
Share: 100.00 %
Address Emil-Mayer-Str. 10
D 72461 Albstadt
Real Estate of: Mayer
Verwaltungs-Gesellschaftmit
beschränkter Haftung
Type of ownership: Tenant
Address Emil-Mayer-Str.
10
D 72461 Albstadt
Land register documents were not available.
Principal bank
DEUTSCHE BANK, TUTTLINGEN
Sort. code: 65370075, BIC: DEUTDESS653
Further banks
LANDESBANK BADEN-WÜRTTEMBERG/BADEN-WÜRTTEMBERGISCHE BANK,
STUTTGART
Sort. code: 60050101, BIC: SOLADEST600
SPARKASSE ZOLLERNALB, BALINGEN
Sort. code: 65351260, BIC: SOLADES1BAL
DEUTSCHE BANK, ALBSTADT, WÜRTT
Sort. code: 65370075, BIC: DEUTDESS653
COMMERZBANK VORMALS DRESDNER BANK, ALBSTADT, WÜRTT
Sort. code: 65380003, BIC: DRESDEFF653
COMMERZBANK, ALBSTADT, WÜRTT
Sort. code: 65340004, BIC: COBADEFF653
VOLKSBANK TAILFINGEN, ALBSTADT, WÜRTT
Sort. code: 65392030, BIC: GENODES1TAI
Turnover: 2010 EUR 11,853,700.00
2011 EUR 12,000,000.00
Profit: 2010 EUR 874,351.00
further business figures:
Equipment: EUR 227,929.00
Ac/ts receivable: EUR 18,779,057.00
Liabillities: EUR 19,221,510.00
Employees:
259
Balance sheet ratios 30.10.2010 - 31.12.2010
Equity ratio [%]: 45.08
Liquidity ratio: 1.18
Return on total capital [%]: 2.06
Balance sheet grade: 2.4
Equity
ratio
The equity ratio
indicates the portion of the equity as compared to the total capital. The
higher the equity ratio, the better the economic stability (solvency) and thus
the financial autonomy of a company.
Liquidity
ratio
The liquidity
ratio shows the proportion between adjusted receivables and net liabilities.
The higher the ratio, the lower the company's financial dependancy from
external creditors.
Return
on total capital
The return on
total capital shows the efficiency and return on the total capital employed in
the company. The higher the return on total capital, the more economically does
the company work with the invested capital.
Balance
sheet grade
The balance sheet
grade is based on the following ratios: equity ratio, liquidity ratio and
return on total capital from the balance sheets published in the Federal
Gazette.
Type
of balance
sheet: Company balance sheet
Financial year: 30.10.2010 - 31.12.2010
ASSETS EUR 42,392,155.48
Fixed assets EUR 9,325,746.86
Intangible assets
EUR 17,462.63
Concessions, licences, rights
EUR 17,462.63
Tangible assets
EUR 5,832,340.76
Land
/ similar rights EUR 4,295,344.69
Plant / machinery
EUR 735,508.77
Other tangible assets / fixtures and
fittings
EUR 227,928.50
Advance payments made / construction
in progress
EUR 573,558.80
Financial assets
EUR 3,475,943.47
Shares in participations /
subsidiaries and the like
EUR 3,425,943.47
Shares in related companies EUR 3,425,432.06
Shares in investee companies
EUR 511.41
Loans to participations /
subsidiaries and the like
EUR 50,000.00
Loans to related companies
EUR 50,000.00
Current assets
EUR 33,039,536.96
Stocks
EUR 10,956,711.64
Raw materials, consumables and
supplies
EUR 4,555,321.49
Finished goods / work in progress
EUR 6,401,390.15
Accounts receivable
EUR 18,779,057.07
Trade debtors
EUR 11,074,150.21
Amounts due from related companies
EUR 5,035,713.87
Other debtors and assets
EUR 2,669,192.99
Liquid means
EUR 3,303,768.25
Remaining other assets
EUR 26,871.66
Accruals (assets) EUR 26,871.66
LIABILITIES EUR 42,392,155.48
Shareholders' equity
EUR 19,115,361.82
Capital
EUR 18,656,553.82
Limited
partner's capital / capital
of partially liable partner (LP)
EUR 18,656,553.82
Limited partner's capital, fixed
capital, capital account I
EUR 25,400,000.00
- Loss brought forward account
EUR 6,743,446.18
Third party shares (+/-)
EUR 458,808.00
Items between shareholders' equity and
debt capital
EUR 0.00
Provisions
EUR 4,055,283.50
Pension provisions and comparable
provisions
EUR 679,783.11
Other / unspecified provisions
EUR 3,375,500.39
Liabilities
EUR 19,221,510.16
Financial debts
EUR 9,751,461.37
Liabilities due to banks
EUR 9,751,461.37
Other liabilities
EUR 9,470,048.79
Trade creditors (for IAS incl. bills
of exchange) EUR 2,993,476.58
Liabilities from received advance
payments
EUR 3,364,183.54
Liabililties due to related companiesEUR 33,081.19
Liabilities due to investee companiesEUR 79,035.55
Unspecified other liabilities
EUR 3,000,271.93
Guarantees and other commitments
EUR 18,815,000.00
Discounted bills of exchange
EUR 6,399,000.00
Guarantees / warranties EUR 12,416,000.00
Guarantees
EUR 6,399,000.00
Warranties
EUR 6,017,000.00
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 11,853,700.11
Inventory change + own costs (+/-)
EUR -578,334.70
Inventory change (+/-)
EUR -580,263.78
Capitalised own costs
EUR 1,929.08
Other operating income
EUR 1,855,908.41
Cost of materials
EUR 5,185,176.99
Raw materials and supplies, purchased
goods
EUR 4,351,538.78
Purchased services
EUR 833,638.21
Gross result (+/-)
EUR 7,946,096.83
Staff expenses
EUR 2,487,135.94
Wages and salaries
EUR 2,057,146.25
Social security contributions and
expenses for pension plans and
benefits
EUR 429,989.69
Total depreciation
EUR 148,281.09
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 148,281.09
Other operating expenses
EUR 4,369,251.04
Operating result from continuing
operations
EUR 941,428.76
Result from participating interests
(+/-)
EUR -46,068.96
Expenses for participations
EUR 46,068.96
Expenses for other participations
EUR 46,068.96
Interest
result (+/-) EUR 37,016.84
Interest and similar income
EUR 195,110.18
Interest and similar expenses
EUR 158,093.34
Other financial result
EUR -49,999.00
Depreciation on financial assets and
marketable securities
EUR 49,999.00
Financial result (+/-)
EUR -59,051.12
Result from ordinary operations (+/-)
EUR 882,377.64
Expenses
for transfer of profits to a
parent company
EUR 110,407.00
Income tax / refund of income tax (+/-)EUR 3,890.09
Other taxes / refund of taxes
EUR -11,916.58
Tax
(+/-) EUR -8,026.49
Annual surplus / annual deficit
EUR 763,944.15
MIRA INFORM REPORT
|
Prepared for : |
Canara Bank - ND - PCB – I |
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|
|
Your Ref. No.: |
Shahi Exports Pvt. Ltd. |
|
Report No. : |
173835 |
|
Report Date : |
19.03.2012 |
INQUIRY DETAILS
|
Given Name : |
Mayor And Cie Gmbh & Co KG |
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Given Address : |
Postfach 20 15 80 D-72438, Albstadt, Germany |
IDENTIFICATION DETAILS
|
Name : |
MAYER & CIE GMBH & CO. KG |
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Registered Office : |
Emil-Mayer-Str. 10, D 72461 Albstadt, Post Box 20 15 80 |
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Country : |
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Year of Establishment : |
1905 |
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Com. Reg. No.: |
HRA 400260 |
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Legal Form : |
Ltd partnership with priv. ltd. company as general partner |
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Line of Business : |
Manufacture of machinery for textile, apparel and leather
production |
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No. of Employees
: |
259 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
216,000 EUR |
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Status : |
Moderate |
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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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Germany |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Mayer & Cie GmbH & Co. KG
Emil-Mayer-Str. 10
D 72461 Albstadt
Post Box:20 15 80
Telephone: 07432/700-0
Telefax: 07432/700-315
Homepage: www.mayercie.de
E-mail: info@mayercie.de
DE144843258
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as
general partner
Date of foundation: 1905
Registered on: 19.12.1972
Register of
companies: Local
court 70190 Stuttgart
under: HRA
400260
Total cap. contribution: EUR
25,400,000.00
Sibylle Mauthe-Mayer
Leimenstr. 16
D 72461 Albstadt
born: 15.08.1951
née: Mayer
Share: EUR 7,800,000.00
Limited partner:
Rainer Mayer
Alexander-von-Humboldt-Str.
23
D 72458 Albstadt
born: 18.08.1947
Share: EUR 5,056,000.00
Limited partner:
Peter Mayer jun.
D 20095 Hamburg
born: 31.12.1969
Share: EUR 4,400,000.00
Limited partner:
Marcus Mayer jun.
D 72336 Balingen
Share: EUR 4,400,000.00
Limited partner:
Benjamin Mayer
D 72458 Albstadt
Share: EUR 1,872,000.00
Limited partner:
Sebastian Mayer
D 72458 Albstadt
Share: EUR 1,872,000.00
Mayer Verwaltungs-Gesellschaftmit
beschränkter Haftung
Emil-Mayer-Str. 10
D 72461 Albstadt
Legal form: Private limited company
Share capital: EUR 60,000.00
Registered on: 15.11.1972
Reg. data: 70190 Stuttgart, HRB 400116
Rainer Mayer
Alexander-von-Humboldt-Str.
23
D 72458 Albstadt
born: 18.08.1947
Share: EUR 30,000.00
Shareholder:
Marcus Mayer
D 72336 Balingen
born: 05.01.1973
Share: EUR 30,000.00
Rainer Mayer
Alexander-von-Humboldt-Str.
23
D 72458 Albstadt
having sole power of representation
born: 18.08.1947
Profession: Fully qualified merchant
Marital status: married
Manager:
Josef Kleebinder
D 72458 Albstadt
having sole power of representation
born: 30.11.1959
Marcus Mayer
D 72336 Balingen
born: 05.01.1973
Proxy:
Rainer
Müller
D
72379 Hechingen
authorized to jointly represent the company
born:
22.01.1962
Proxy:
Wolfgang Müller
D
72461 Albstadt
authorized to jointly represent the company
born:
10.05.1968
Proxy:
Klaus
Sickinger
D 72336 Balingen
authorized to jointly represent the company
born:
02.07.1964
Sectors
28940 Manufacture of machinery for textile,
apparel and leather production
Limited partner:
Hans
Rüster GmbH & Co. KG Platinenfabrik
Jahnstr. 25-27
D
73326 Deggingen
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total
cap. EUR 4,039,205.86
contribution:
Share: EUR 4,039,205.86
Reg. data: 09.08.1951
Local court 89073 Ulm
HRA 540524
Limited partner:
IVGD
GmbH & Co. KG
Emil-Mayer-Str. 10
D 72461
Albstadt
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total
cap. EUR 3,500,000.00
contribution:
Share: EUR 3,500,000.00
Reg.
data: 08.08.2011
Local court 70190 Stuttgart
HRA 726659
Shareholder:
Mayer
Recond GmbH
Emil-Mayer-Str. 10
D
72461 Albstadt
Legal
form: Private limited company
Company Status: in since:
11.12.2009
liquidation
Share
capital: EUR 800,000.00
Share: EUR 800,000.00
Reg.
data: 19.05.1988
Local court 70190 Stuttgart
HRB 410539
Shareholder:
MTC
International Holding GmbH
Emil-Mayer-Str. 10
D
72461 Albstadt
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 500,000.00
Share: EUR 500,000.00
Reg.
data: 31.10.2001
Local court 70190 Stuttgart
HRB 401278
Shareholder:
EL
Holding GmbH
Emil-Mayer-Str. 10
D
72461 Albstadt
Legal
form: Private limited company
Company Status: in since:
23.06.2010
liquidation
Share
capital: EUR 60,000.00
Share: EUR 60,000.00
Reg.
data: 23.11.1995
Local court 70190 Stuttgart
HRB 401002
Shareholder:
Verwaltungsgesellschaft Hans Rüster mit
beschränkter
Haftung
Jahnstr. 25-27
D
73326 Deggingen
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 51,129.19
Share: EUR 51,129.19
Reg.
data: 28.12.1967
Local court 89073 Ulm
HRB 540139
Shareholder:
Mayer & Cie. Service- und Leasing GmbH
Emil-Mayer-Str. 10
D
72461 Albstadt
Legal
form: Private limited company
Company Status: insolvent since:
05.10.2009
Share capital: EUR 50,000.00
Share: EUR 50,000.00
Reg.
data: 11.01.1990
Local court 70190 Stuttgart
HRB 400731
Shareholder:
IVGD-Beteiligungs-GmbH
Emil-Mayer-Str. 10
D
72461 Albstadt
Legal
form: Private limited company
Company
Status: active
Share
capital: EUR 25,600.00
Share: EUR 25,600.00
Reg.
data: 12.12.1972
Local court 70190 Stuttgart
HRB 590141
Shareholder:
SPINIT
Entwicklungs-und Betreiber-GmbH
Emil-Mayer-Str. 10
D
72461 Albstadt
Legal
form: Private limited company
Company Status: in since:
16.11.2009
liquidation
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 02.03.2006
Local court 70190 Stuttgart
HRB 401441
Shareholder:
MEC
Mayer Engineering & Consulting GmbH
Emil-Mayer-Str. 10
D
72461 Albstadt
Legal
form: Private limited company
Company Status: in since:
04.03.2010
liquidation
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 24.09.2009
Local court 70190 Stuttgart
HRB 731269
Shareholder:
MATEX Mayer Textilmaschinen Vertriebs
GmbH
Emil-Mayer-Str. 10
D
72461 Albstadt
Legal
form: Private limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 09.10.2001
Local court 70190 Stuttgart
HRB 401269
Payment experience: cash
discount/within agreed terms
Negative information: Negative information is known to us.
Maximum credit: 216,000
EUR
Insolvency Proceedings
Local court : 72379 Hechingen
File No : 10 IN 182/09
Insolvency plan
- Surveillance
proceedings revoked on:
06.02.2012
Type of ownership: proprietor
Share: 100.00 %
Address Emil-Mayer-Str. 10
D 72461 Albstadt
Real Estate of: Mayer Verwaltungs-Gesellschaftmit
beschränkter Haftung
Type of ownership: Tenant
Address Emil-Mayer-Str. 10
D
72461 Albstadt
Land register documents were not available.
Principal bank
DEUTSCHE BANK, TUTTLINGEN
Sort. code: 65370075, BIC: DEUTDESS653
Further banks
LANDESBANK BADEN-WÜRTTEMBERG/BADEN-WÜRTTEMBERGISCHE BANK,
STUTTGART
Sort. code: 60050101, BIC: SOLADEST600
SPARKASSE ZOLLERNALB, BALINGEN
Sort. code: 65351260, BIC: SOLADES1BAL
DEUTSCHE BANK, ALBSTADT, WÜRTT
Sort. code: 65370075, BIC: DEUTDESS653
COMMERZBANK VORMALS DRESDNER BANK, ALBSTADT, WÜRTT
Sort. code: 65380003, BIC: DRESDEFF653
COMMERZBANK, ALBSTADT, WÜRTT
Sort. code: 65340004, BIC: COBADEFF653
VOLKSBANK TAILFINGEN, ALBSTADT, WÜRTT
Sort. code: 65392030, BIC: GENODES1TAI
Financial year: 01.01. - 31.12.
Turnover: 2010 EUR 11,853,700.00
2011 EUR 12,000,000.00
further business figures:
Employees:
259
The
aforementioned business figures may partly be estimated information based on average
values in the line of business.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.28 |
|
UK Pound |
1 |
Rs.81.38 |
|
Euro |
1 |
Rs.67.01 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.