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Report Date : |
22.12.2012 |
IDENTIFICATION DETAILS
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Name : |
IFC SVETOCH 73 S.R.O. |
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Registered Office : |
Amforova 1906/2, 155 00 Praha 5 |
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Country : |
Czech Republic |
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Date of Incorporation : |
19.02.2008 |
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Com. Reg. No.: |
C 135463 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Letting real assets, flats and non-residential premises. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 – June 30th, 2012
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Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
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Czech Republic |
A2 |
A2 |
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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 |
CZECH REPUBLIC - ECONOMIC OVERVIEW
The Czech Republic is a
stable and prosperous market economy, which harmonized its laws and regulations
with those of the EU prior to its EU accession in 2004. While the conservative,
inward-looking Czech financial system has remained relatively healthy, the
small, open, export-driven Czech economy remains sensitive to changes in the
economic performance of its main export markets, especially Germany. When
Western Europe and Germany fell into recession in late 2008, demand for Czech
goods plunged, leading to double digit drops in industrial production and
exports. As a result, real GDP fell 4.7% in 2009, with most of the decline
occurring during the first quarter. Real GDP, however, has slowly recovered
with positive quarter-on-quarter growth starting in the second half of 2009 and
continuing throughout 2011. The auto industry remains the largest single industry,
and, together with its upstream suppliers, accounts for nearly 24% of Czech
manufacturing. The Czech Republic produced more than a million cars for the
first time in 2010, over 80% of which were exported. Foreign and domestic
businesses alike voice concerns about corruption especially in public
procurement. Other long term challenges include dealing with a rapidly aging
population, funding an unsustainable pension and health care system, and
diversifying away from manufacturing and toward a more high-tech,
services-based, knowledge economy.
Source : CIA
IFC SVETOCH 73
s.r.o.
Amforova 1906/2
155 00 Praha 5
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Company development |
Constant business development |
(31) |
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Terms of payment |
no complaints |
(39) |
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Business connection |
Business connections are not denied |
(41) |
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Legal form |
Private limited company |
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Foundation |
19/02/2008 - Private limited company |
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The company is
no VAT-payer. |
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Comp. Register |
19/02/2008, Městský soud v Praze, RegNr.:
C 135463 |
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Share Capital |
19/02/2008 |
CZK |
200 000,- |
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Shareholders |
Svetlana
Bacharnikova (14.10.1966) |
CZK |
150 000,- |
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Aleksandr Maleev (01.02.1962) |
CZK |
50 000,- |
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Management |
Svetlana
Bacharnikova (14.10.1966) |
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General Data |
Letting real assets, flats and
non-residential premises. |
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Main activity: |
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Trade name(s) |
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Address: |
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Staff |
Data
unavailable. |
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Annual Sales |
Data
unavailable. |
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Property |
none |
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Remarks |
The company
contrary to the Act on Accounting did not store its current |
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Bankers |
Bank connection
unknown. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.08 |
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1 |
Rs.89.53 |
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Euro |
1 |
Rs.72.77 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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.