|
Report Date : |
27.04.2012 |
IDENTIFICATION DETAILS
|
Correct Name : |
|
|
|
|
|
Registered Office : |
Avenida Do |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
04.04.1966 |
|
|
|
|
Com. Reg. No.: |
50016514 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Retail sale of clothing for
adults in specialized |
|
|
|
|
No. of Employees : |
230 |
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 : |
Exists |
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, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Portugal |
A2 |
A2 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Name |
LANIDOR-COMERCIO DE PRONTO A VESTIR SA |
|
|
|
|
|
V.A.T. Number / NIF |
500165149 |
|
Denomination |
Lanidor |
|
|
|
Address |
Avenida do Campo Grande, 3-B, 1º |
|
|
|
Locality |
LISBOA |
Postal Code |
1700-062-LISBOA |
|
Municipality |
LISBOA |
District |
LISBOA |
|
Telephone |
234630980 |
|
|
|
Fax |
234630999 |
|
|
|
E-Mail |
|
|
|
|
Web Site |
|
|
|
|
|
|
|
|
|
C.A.E.(Rev 3) |
47711- Retail sale of
clothing for adults in specialized |
|
|
|
All the amounts are express in Euros, otherwise you
will be advised |
|
Legal Form |
Joint Stock Company |
|
|
|
Constitution |
04-04-1966 |
V.A.T. Number / NIF |
500165149 |
|
Employees |
230 |
Capital |
4.000.000,00 |
|
Sales in : 31-12-2010 |
53.805.260,85 |
Shareholders Funds in:
31-12-2010 |
8.341.525,43 |
|
Condition |
Normal |
Tendency |
Stationary |
|
Financing |
Guaranteed |
Payments |
Good |
|
Actual Condition |
In activity |
|
|
|
Board of Director's |
|
|
JOSE ANTONIO DA SILVA NOGUEIRA |
Board of Director's
Secretary |
|
JORGE HUMBERTO NETO DE JESUS MORGADO |
Administrator |
|
JOAO PEDRO ALVIM HENRIQUES XAVIER |
Board of Director's
President |
|
|
|
|
Fiscal Board |
|
|
MURILO ANGELO MARQUES |
Unique Fiscal |
|
CARLOS HERNANI DIAS AIRES |
Fiscal Board Substitute |
|
MILLENNIUM BCP |
Săo Sebastiăo - Lisboa |
|
BANCO ESPIRITO SANTO, SA |
Avenida de Berna - Lisboa |
|
BANCO SANTANDER TOTTA SA |
Conde Valbom - Lisboa |
|
BANCO POPULAR PORTUGAL SA |
Aveiro |
|
CAIXA GERAL DE DEPOSITOS, SA |
Águeda |
|
Registed on the Register
Record Office of Lisboa in 2ª. Secçăo with the Register Number 500165149 previous
number 36889 in 04-07-1966 |
|
Constitution celebrated
in 04-04-1966 published on Diário da República number 134 of 08-06-1966 |
|
To oblige the company it
is necessary 2 signature |
|
In 31-05-2011 on Portal MJ
of 29-07-2011 board of director's change |
|
|
|
|
In 01-02-2011 on Portal
MJ of 01-02-2011 merge project |
|
|
In 07-03-2008 on Portal MJ
of 15-05-2008 board of director's change |
|
|
In 07-09-2006 on Portal
MJ of 08-09-2006 board of director's change |
|
The Capital is
4.000.000,00 , divided in 800000 shares , with a nominal value of 5,00 |
|
|
with the following
shareholders |
|
LANIDOR SGPS SA |
4.000.000,00 |
100% |
|
NAME |
LANIDOR SGPS SA |
|
Funtion |
Shareholder |
|
Address |
Campo Grande, 3-B |
|
Locality |
LISBOA |
|
Telephone |
217959111 |
|
Fax |
234630999 |
|
E-Mail |
|
|
C.A.E. |
64202- Activities of holding companies non-financial social |
|
Company |
|
Companhia de Seguros O Trabalho SA |
|
Companhia de Seguros Fidelidade Mundial |
|
Event |
General Description |
|
Special Notes |
The owner has about 96 stores throughout the country, some of them as
franchises. |
|
Line of Business |
Percentage |
|
Marketing of articles ready-made garments, all kinds of articles
related to the fashion market, of footwear, leather goods, garment
accessories, perfume, optical accessories, all under the concept Lanidor.
Management and brand development Lanidor, particularly through the
implementation and management of facilities, provision of cosmetic services,
hotels, restaurants and similar activities, all under the brand concept and
Lanidor |
100% |
|
Type of Clients |
Public |
|
|
|
Sales Conditions |
Cash/credit |
|
|
|
Imports from |
CHINA, REPUBLICA
POPULAR,INDIA,ITALIA,FRANÇA,ALEMANHA,AUSTRIA,BELGICA,ESTADOS UNIDOS DA
AMERICA,COREIA, REPUBLICA DA |
|
|
|
Exports to |
ARABIA SAUDITA,ESPANHA,SUIÇA,KOWAIT,IRLANDA |
|
|
|
Lanidor |
|
La Woman |
|
La Kids e Junior |
|
La Caffé |
|
La Factory |
|
La Boutique |
|
La Mag |
|
Lanidor |
|
Total |
230 |
|
Had head office Avenida Columbano Bordalo Pinheiro, 97-r/c, Lisboa,
1070, LISBOA |
|
Head office Avenida do Campo Grande, 3-B, 1º, LISBOA, 1700-062,
LISBOA, Tel:234630980, Fax:234630999 |
|
Office Avenida das Forças Armadas, 4-9ºF, LISBOA, 1600-082, LISBOA |
|
Office and warehouse owned Quinta da Cruzinha - Apt.16 , VALONGO DO
VOUGA, 3750-836, VALONGO DO VOUGA, Tel:234630720, Fax:234630980 |
Legal Actions
|
Date: 21-11-2011 |
Judicial District Viseu - Tribunal do Trabalho |
|
|
Amount: 1.890,60 Euro |
Type: Acçăo de Processo Comum |
|
|
Author: Manuela Almeida Gomes |
|
|
|
Process: 886/11.3TTVIS |
|
|
|
|
||
|
Observations: 1º Juízo |
||
|
|
||
|
Date: 14-11-2011 |
Judicial District Viseu - Tribunal do Trabalho |
|
|
Amount: 2.809,10 Euro |
Type: Acçăo de Processo Comum |
|
|
Author: Vera Lucia da Silva Ferreira |
|
|
|
Process: 861/11.8TTVIS |
|
|
|
|
||
|
Observations: 2º Juízo |
||
|
|
||
|
Date: 06-09-2011 |
Judicial District Lisboa - Tribunal do Trabalho |
|
|
Amount: 30.000,01 Euro |
Type: Acçăo de Processo Comum |
|
|
Author: Sandra Filipa Costa Pereira |
|
|
|
Process: 3180/11.6TTLSB |
|
|
|
|
||
|
Observations: 1º Juízo - 1ª Secçăo |
||
|
|
||
|
Date: 28-06-2011 |
Judicial District Porto - Juízos de Execuçăo |
|
|
Amount: 213,07 Euro |
Type: Executiva Comum |
|
|
Author: Ministério Público |
|
|
|
Process: 154/11.0YJPRT |
|
|
|
|
||
|
Observations: 2º Juízo - 2ª Secçăo |
||
|
|
||
|
Date: 30-05-2011 |
Judicial District Lisboa - Varas Cíveis |
|
|
Amount: 30.000,01 Euro |
Type: Ordinária |
|
|
Author: Maria Clara Henriques Coelho Puga |
|
|
|
Process: 1210/11.0TVLSB |
|
|
|
|
||
|
Observations: 10ª Vara - 3ª Secçăo |
||
|
|
||
|
Date: 30-05-2011 |
Judicial District Lisboa - Varas Cíveis |
|
|
Amount: 30.000,01 Euro |
Type: Ordinária |
|
|
Author: Maria Clotilde Henriques Coelho Puga Canunes Ferreira |
|
|
|
Process: 1210/11.0TVLSB |
|
|
|
|
||
|
Observations: 10ª Vara - 3ª Secçăo |
||
|
|
||
|
Date: 21-12-2010 |
Judicial District Comarca do Baixo Vouga-Juízo do Trabalho de Águeda |
|
|
Amount: 2.050,83 Euro |
Type: Acçăo de Processo Comum |
|
|
Author: Ana Isabel Pereira Ramos Moura Vilaça Miranda |
|
|
|
Process: 496/10.2T4AGD |
|
|
|
|
||
|
Observations: Águeda - Juízo do Trabalho |
||
|
|
||
|
Date: 25-03-2010 |
Judicial District Porto - Juízos Cíveis |
|
|
Amount: 6.000,00 Euro |
Type: Acçăo Declarativa ao abrigo do DL 108/2006 |
|
|
Author: Vasconcelos Dinis Lda |
|
|
|
Process: 615/10.9TJPRT |
|
|
|
|
||
|
Observations: 1º Juízo - 3ª Secçăo |
||
|
|
||
|
Date: 31-05-2007 |
Judicial District Viseu |
3 Court |
|
Amount: 141.640,33 Euro |
Type: Ordinária |
|
|
Author: Eurofrente |
|
|
|
Process: 2488/07.0TBVIS |
|
|
Consulted sources say that the subject has been respecting its payments
and commercial commitments, so credit connections with this company are
recommended.
|
The subject participates
on the following company(ies) |
|
|
|
|
|
NAME |
GLOBO-CONFECCOES LDA |
|
Address |
CAMPO FRANDE, N 3 B - 1 |
|
Locality |
LISBOA |
|
Telephone |
252403640 |
|
Fax |
252403649 |
|
E-Mail |
mail@globe-design.com |
|
Web Site |
www.globe-design.com |
|
C.A.E. |
47711- Retail sale of
clothing for adults in specialized |
|
Capital |
1.010.000,00 |
|
Participation |
99,01% |
|
|
|
|
NAME |
ORNATADORNO LDA |
|
Address |
Quinta da Cruzinha, s/n, Valongo do Vouga |
|
Locality |
VALONGO DO VOUGA |
|
C.A.E. |
47722- Retail sale of
leather goods and travel goods in specialized stores |
|
Capital |
630.000,00 |
|
Participation |
51,587% |
|
|
|
|
NAME |
ABSOLUT BLUE WELLNESS
& PLEASURE UNIPESSOAL LDA |
|
Address |
Avenida do Campo Grande, 3-B - 1º Andar |
|
Locality |
LISBOA |
|
C.A.E. |
55121- Hotels without
restaurant |
|
Capital |
5.000,00 |
|
Participation |
100% |
|
Balance Sheet SNC |
||
|
CoinEURO |
|
Date31-12-2010 |
|
|
||
|
Closing Date |
31-12-2010 |
31-12-2009 |
-- |
Variaçăo (%) |
|
|
|
|||
|
ASSET |
|
|||
|
|
|
|
|
|
|
Non-current assets |
|
|||
|
Tangible fixed assets |
13.219.644,28 |
11.640.960,43 |
|
13,56 |
|
Intangible assets |
3.234.079,56 |
2.340.768,54 |
|
38,16 |
|
Financial participations
- other methods |
2.799.095,67 |
3.077.483,35 |
|
(9,05) |
|
Deferred tax assets |
318.399,42 |
|
|
|
|
Total |
19.571.218,93 |
17.059.212,32 |
|
14,73 |
|
|
|
|
|
|
|
Current assets |
|
|
||
|
Inventories |
13.232.706,47 |
12.439.189,57 |
|
6,38 |
|
Costumers |
2.856.047,39 |
3.670.669,53 |
|
(22,19) |
|
State and other public
entities |
165.030,54 |
47.335,92 |
|
248,64 |
|
Other accounts receivable
|
2.654.923,88 |
3.801.153,88 |
|
(30,15) |
|
Deferrals |
2.626.094,92 |
2.517.926,61 |
|
4,30 |
|
Other financial assets |
552.425,00 |
200.000,00 |
|
176,21 |
|
Cashier and bank deposits
|
1.400.229,42 |
2.151.916,96 |
|
(34,93) |
|
Total |
23.487.457,62 |
24.828.192,47 |
|
(5,40) |
|
TOTAL ASSET |
43.058.676,55 |
41.887.404,79 |
|
2,80 |
|
|
|
|
|
|
|
SHAREHOLDERS FUNDS AND
LIABILITIES |
|
|
||
|
|
|
|
|
|
|
SHAREHOLDERS FUNDS |
|
|
||
|
Capital |
4.005.000,00 |
4.005.000,00 |
|
|
|
Own shares |
(1.240.000,00) |
|
|
|
|
Legal reserves |
636.002,28 |
610.747,37 |
|
4,14 |
|
Net retained |
3.564.102,78 |
3.153.601,59 |
|
13,02 |
|
Other shareholders funds
changes |
1.074.570,16 |
652.389,40 |
|
64,71 |
|
Total |
8.039.675,22 |
8.421.738,36 |
|
(4,54) |
|
Net income for the period
|
301.850,21 |
505.098,40 |
|
(40,24) |
|
TOTAL OF SHAREHOLDERS
FUNDS |
8.341.525,43 |
8.926.836,76 |
|
(6,56) |
|
|
|
|
|
|
|
LIABILITY |
|
|
||
|
|
|
|
|
|
|
Non-current liiabilities |
|
|
||
|
Financing obtained |
7.964.823,87 |
9.613.520,41 |
|
(17,15) |
|
Other payable accounts |
|
1.525.607,23 |
|
|
|
Total |
7.964.823,87 |
11.139.127,64 |
|
(28,50) |
|
|
|
|
|
|
|
Current liabilities |
|
|
||
|
Suppliers |
10.089.830,35 |
10.442.287,87 |
|
(3,38) |
|
State and other public
entities |
1.819.515,33 |
1.995.242,84 |
|
(8,81) |
|
Financing obtained |
12.037.102,94 |
6.691.748,85 |
|
79,88 |
|
Other payable accounts |
1.946.711,41 |
520.260,00 |
|
274,18 |
|
Deferrals |
859.167,22 |
2.171.900,83 |
|
(60,44) |
|
Total |
26.752.327,25 |
21.821.440,39 |
|
22,60 |
|
TOTAL LIABILITIES |
34.717.151,12 |
32.960.568,03 |
|
5,33 |
|
TOTAL SHAREHOLDERS FUNDS
AND LIABILITIES |
43.058.676,55 |
41.887.404,79 |
|
2,80 |
|
|
|
|
|
|
|
INCOME STATEMENT |
|
|
||
|
|
|
|
|
|
|
INCOME AND EXPENSES |
|
|
||
|
Sales and services |
53.805.260,85 |
50.804.259,23 |
|
5,91 |
|
Cost of goods sold and
materials consumed |
24.988.593,78 |
24.519.425,95 |
|
1,91 |
|
Suppliers and external
services |
13.844.265,67 |
11.780.399,39 |
|
17,52 |
|
Personnel costs |
10.612.428,05 |
9.421.592,26 |
|
12,64 |
|
Impairment of inventories
(losses/revearsals) |
(21.261,32) |
|
|
|
|
Other income and gains |
442.651,42 |
225.125,21 |
|
96,62 |
|
Other expenses and losses
|
763.199,85 |
1.810.957,69 |
|
(57,86) |
|
Result before
depreciation, financing costs and taxes |
4.060.686,24 |
3.497.009,15 |
|
16,12 |
|
Expenses/reversals of
depreciation and amortization |
2.881.276,16 |
1.712.457,91 |
|
68,25 |
|
Operating result (before
financing costs and taxes) |
1.179.410,08 |
1.784.551,24 |
|
(33,91) |
|
Interest and similar
income obtained |
338.938,08 |
189.343,89 |
|
79,01 |
|
interest and similar expenses
incurred |
1.063.445,89 |
1.165.876,67 |
|
(8,79) |
|
Net before taxes |
454.902,27 |
808.018,46 |
|
(43,70) |
|
Income tax of the period |
153.052,06 |
302.920,06 |
|
(49,47) |
|
Net profit for the period
|
301.850,21 |
505.098,40 |
|
(40,24) |
|
Results of discontinued
operations (net of taxes) included in the net icome of the period |
153.052,06 |
302.920,06 |
|
(49,47) |
|
|
31-12-2009 |
|
|
Intangible Assets |
2.340.769,00 |
|
|
Tangible Assets |
11.640.961,00 |
|
|
Investments |
3.077.483,00 |
|
|
Stocks |
12.439.190,00 |
|
|
Short Term Receivable |
7.519.159,00 |
|
|
Trading Securities |
200.000,00 |
|
|
Banks and Cash |
2.151.917,00 |
|
|
Accruals and Deferrals |
2.517.927,00 |
|
|
Total Assets |
41.887.406,00 |
|
|
Shareholder's Funds |
8.274.447,00 |
|
|
Medium and Long Term
Payable |
11.139.128,00 |
|
|
Short Term Payable |
19.649.540,00 |
|
|
Accruals and Deferrals |
2.824.291,00 |
|
|
Total Liabilities and
Shareholder's Funds |
41.887.406,00 |
|
|
Cost of Goods and
Consumable Materials |
24.519.426,00 |
|
|
Outside Supplies and
Services |
10.984.279,00 |
|
|
Personnel Costs |
9.421.592,00 |
|
|
Sales |
50.107.054,00 |
|
|
Supplementary Income |
697.205,00 |
|
|
|
31-12-2007 |
31-12-2008 |
31-12-2009 |
|
Net Sales |
43.361.091,00 |
46.646.313,00 |
50.107.054,00 |
|
Net Income For the Year |
1.785.073,00 |
381.926,00 |
505.098,00 |
|
Current Assets |
23.281.568,00 |
24.620.289,00 |
24.828.193,00 |
|
Short Term Payables |
16.131.934,00 |
20.836.323,00 |
19.649.540,00 |
|
Cash Flow |
7.149.634,00 |
3.783.966,00 |
5.178.653,00 |
|
Total Assets |
39.899.536,00 |
43.410.766,00 |
41.887.406,00 |
|
Total Liabilities |
31.392.624,00 |
35.273.635,00 |
33.612.959,00 |
|
Shareholders Funds |
8.506.911,00 |
8.137.132,00 |
8.274.447,00 |
|
Personnel Costs |
6.241.377,00 |
7.762.707,00 |
9.421.592,00 |
|
|
31-12-2007 |
31-12-2008 |
31-12-2009 |
|
FINANCIAL SITUATION |
|
|
|
|
General Liquidity |
1,44 |
1,18 |
1,26 |
|
Immediate Liquidity |
0,68 |
0,42 |
0,63 |
|
Financial Autonomy |
0,21 |
0,19 |
0,20 |
|
Solvency |
0,27 |
0,23 |
0,25 |
|
RENTABILITY |
|
|
|
|
Sales Rentability |
4,12 % |
0,82 % |
1,01 % |
|
Sales Rate Increase |
|
7,58 % |
7,42 % |
|
EFFICIÊNCY |
|
|
|
|
Assets Turnover |
1,09 |
1,07 |
1,20 |
|
Balance Sheet |
||
|
CoinEURO |
|
Date31-12-2009 |
|
|
||
|
|
Gross Assets |
Depreciations /
Provisions |
Net Assets |
|
Intangible Assets |
|
Subtotal |
5.984.692,00 |
3.643.923,00 |
2.340.769,00 |
|
Tangible Assets |
|
Subtotal |
19.006.865,00 |
7.365.904,00 |
11.640.961,00 |
|
Financial
Investments |
|
Subtotal |
3.077.483,00 |
|
3.077.483,00 |
|
Stocks |
|
Subtotal |
13.042.616,00 |
603.426,00 |
12.439.190,00 |
|
Short
Term Receivable |
|
Subtotal |
7.519.159,00 |
|
7.519.159,00 |
|
Trading
Securities |
|
Subtotal |
200.000,00 |
|
200.000,00 |
|
Bank
Deposits and Cash |
|
Cash |
25.530,00 |
|
25.530,00 |
|
Bank Deposites |
2.126.387,00 |
|
2.126.387,00 |
|
Subtotal |
2.151.917,00 |
|
2.151.917,00 |
|
Accruals
and Deferrals |
|
Accrued Income |
143.318,00 |
|
143.318,00 |
|
Deferred Cost |
2.374.609,00 |
|
2.374.609,00 |
|
Subtotal |
2.517.927,00 |
|
2.517.927,00 |
|
|
|
Total Assets |
53.500.659,00 |
11.613.253,00 |
41.887.406,00 |
|
Shareholders
Funds and Liabilities |
|
Shareholders Funds |
|
Capital |
4.005.000,00 |
|
|
Treasury Stock: |
|
|
|
Reserves : |
|
|
|
Free |
610.747,00 |
|
|
Net Retained |
3.153.602,00 |
|
|
Net Income For the Year |
505.098,00 |
|
|
Total |
8.274.447,00 |
|
|
Short
Term Payable |
|
Bank Loans |
5.136.749,00 |
|
|
Supliers Fixed Asset |
812.640,00 |
|
|
State and Other Public
Bodies |
1.995.243,00 |
|
|
Other Creditors |
520.260,00 |
|
|
Trade Creditors |
7.819.413,00 |
|
|
Trade Notes Payable |
1.810.235,00 |
|
|
Other Loans |
1.555.000,00 |
|
|
Subtotal |
19.649.540,00 |
|
|
Medium
and Long Term Payable |
|
Bank Loans |
9.613.520,00 |
|
|
Adv. For Clients |
1.525.607,00 |
|
|
Subtotal |
11.139.128,00 |
|
|
Accruals
and Deferrals |
|
Accrued Charges |
1.328.143,00 |
|
|
Diferred Income |
1.496.148,00 |
|
|
Subtotal |
2.824.291,00 |
|
|
TOTAL LIABILITIES |
33.612.959,00 |
|
|
TOTAL LIABILITIES AND
SHAREHOLDERS FUNDS |
41.887.406,00 |
|
|
Income
Statement |
|
Costs
and Losses |
|
Cost of Materials
Consumed and Goods Sold: |
|
|
|
Subtotal |
24.519.426,00 |
|
|
Outside Supplies and
Services |
10.984.279,00 |
|
|
Personnel Costs |
|
|
|
Subtotal |
9.421.592,00 |
|
|
Depreciation |
2.527.789,00 |
|
|
Subtotal |
2.527.789,00 |
|
|
Other Operating Costs |
194.742,00 |
|
|
Int. and Similar Costs: |
|
|
|
Subtotal |
1.961.997,00 |
|
|
Ext. Costs and Losses |
1.616.215,00 |
|
|
Taxation Over Income |
302.920,00 |
|
|
Net Income For the Year |
505.098,00 |
|
|
Income
and Profits |
|
Sales of : |
|
|
|
Products |
49.451.188,00 |
|
|
Services Provided |
655.866,00 |
|
|
Subtotal |
50.107.054,00 |
|
|
Supplementary Income |
697.205,00 |
|
|
Other Operating Income
and Gains |
815.332,00 |
|
|
Subtotal |
1.512.537,00 |
|
|
Trading Securities Income
|
|
|
|
Int. and Similar Costs |
|
|
|
Other |
189.344,00 |
|
|
Extra Income and Gains |
225.125,00 |
|
|
Net Income For the Year |
505.098,00 |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.57 |
|
UK Pound |
1 |
Rs.85.03 |
|
Euro |
1 |
Rs.69.56 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 wsts (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.