MIRA
INFORM REPORT
|
Report Date : |
03.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
TEPPICH KIBEK G.M.B.H. |
|
|
|
|
Registered Office : |
Ramskamp 100, D 25337 Elmshorn, Post Box:6 20 |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
01.01.1896 |
|
|
|
|
Com. Reg. No.: |
HRB 53 EL |
|
|
|
|
Legal Form : |
Private limited company |
|
|
|
|
Line of Business : |
Wholesale of furniture, carpets and rugs and lighting |
|
|
|
|
No. of Employees : |
492 |
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 |
|
Maximum Credit Limit : |
250,000 EUR |
|
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) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name and address
Teppich Kibek G.m.b.H.
Ramskamp 100
D 25337 Elmshorn
Post Box: 6 20
Telephone:04121/237-0
Telefax: 04121/237458
Homepage: www.kibek.de
E-mail: info@kibek.de
VAT no
DE134789913
Registered data
LEGAL FORM Private limited company
Date of foundation: 01.01.1896
Begin of business activities:
09.05.1947
Shareholders'agreement:
09.05.1947
Registered on: 20.08.1947
Commercial Register: Local
court 25421 Pinneberg
under: HRB 53 EL
Share capital:
EUR 5,000,000.00
Shareholder
Frank Sachau
Anna-Hollmann-Weg 3
D 22587 Hamburg
born: 03.10.1952
Share: EUR 5,000,000.00
Manager
Frank Sachau
Anna-Hollmann-Weg 3
D 22587 Hamburg
having sole power of representation
born: 03.10.1952
Profession: Businessman
Further functions/participations of Frank Sachau (Manager)
Limited partner:
SB-Teppichbodenmarkt Groß- und Einzelhandel
GmbH & Co. KG
Berliner Str. 16
D 25336 Elmshorn
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 51,129.19
contribution:
Share: EUR 40,903.35
Registeredon: 11.12.1974
Reg. data: 25421 Pinneberg, HRA 249 EL
Limited partner:
Teppich-Forum GmbH & Co. KG
Ramskamp 100
D 25337 Elmshorn
Legal form: Ltd partnership with priv. ltd.
company as general partner
dissolved
Total cap. EUR 7,669.38
contribution:
Share: EUR 2,556.46
Registered
on: 03.11.1981
Reg. data: 25421 Pinneberg, HRA 666 EL
Shareholder
SHI Ramskamp GmbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 220,000.00
Share: EUR 220,000.00
Registered
on: 06.10.2010
Reg. data: 20355 Hamburg, HRB 115415
Shareholder:
Carpet Concept Werbeagentur GmbH
Reichenstr. 7
D 25336 Elmshorn
Legal form: Private limited company
Share capital: EUR 51,129.19
Share: EUR 51,129.19
Registered
on: 05.03.1997
Reg. data: 25421 Pinneberg, HRB 1615 EL
Shareholder:
Sachau GrundstücksgesellschaftmbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Registered
on: 11.10.1994
Reg. data: 20355 Hamburg, HRB 56776
Shareholder:
Kibek Objekt GmbH
Ramskamp 100
D 25337 Elmshorn
Legal form: Private limited company
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Registered
on: 12.08.1981
Reg. data: 25421 Pinneberg, HRB 95 EL
Shareholder:
Grundstücksgesellschaft "Am Juliusturm
41-49" mbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Registered
on: 31.01.1996
Reg. data: 20355 Hamburg, HRB 60561
Shareholder:
F. S. Grundstücksgesellschaft mbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Registered
on: 27.03.1998
Reg. data: 20355 Hamburg, HRB 67002
Shareholder:
FSM Franzosenhof GmbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 18.11.2002
Reg. data: 20355 Hamburg, HRB 85518
Shareholder:
SHI Stuttgart Grundstücksgesellschaft mbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 02.03.2007
Reg. data: 20355 Hamburg, HRB 100308
Shareholder:
K.T.S. GmbH
Tonndorfer Hauptstr. 49
D 22045 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 26.11.2002
Reg. data: 20355 Hamburg, HRB 85633
Shareholder:
F.S. Grundstücksgesellschaft Sehnde mbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 17.11.1999
Reg. data: 20355 Hamburg, HRB 73375
Shareholder:
FSL Franzosenhof GmbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 18.11.2002
Reg. data: 20355 Hamburg, HRB 85516
Shareholder:
F.S.M. Grundstücksgesellschaft Brinkum mbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 21.09.2004
Reg. data: 20355 Hamburg, HRB 91615
Shareholder:
F.S.M. Grundstücksgesellschaft
Recklinghausen mbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 21.09.2004
Reg. data: 20355 Hamburg, HRB 91613
Shareholder:
SHI Ludwigsfelde Grundstücksgesellschaft mbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 17.09.2007
Reg. data: 20355 Hamburg, HRB 102428
Manager
Kibek Objekt GmbH
Ramskamp 100
D 25337 Elmshorn
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered
on: 12.08.1981
Reg. data: 25421 Pinneberg, HRB 95 EL
Manager:
F.S.M. Grundstücksgesellschaft
Recklinghausen mbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 21.09.2004
Reg. data: 20355 Hamburg, HRB 91613
Manager:
SHI Stuttgart Grundstücksgesellschaft mbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 02.03.2007
Reg. data: 20355 Hamburg, HRB 100308
Manager:
Grundstücksgesellschaft "Am Juliusturm
41-49" mbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,564.59
Registered
on: 31.01.1996
Reg. data: 20355 Hamburg, HRB 60561
Manager:
SHI Ramskamp GmbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 220,000.00
Registered
on: 06.10.2010
Reg. data: 20355 Hamburg, HRB 115415
Manager:
Carpet Concept Werbeagentur GmbH
Reichenstr. 7
D 25336 Elmshorn
Legal form: Private limited company
Share capital: EUR 51,129.19
Registered
on: 05.03.1997
Reg. data: 25421 Pinneberg, HRB 1615 EL
Manager:
F.S. Grundstücksgesellschaft Sehnde mbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 17.11.1999
Reg. data: 20355 Hamburg, HRB 73375
Manager:
F. S. Grundstücksgesellschaft mbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,564.59
Registered
on: 27.03.1998
Reg. data: 20355 Hamburg, HRB 67002
Manager:
F.S.M. Grundstücksgesellschaft Fürth mbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 03.05.2000
Reg. data: 20355 Hamburg, HRB 75371
Manager:
FSL Franzosenhof GmbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 18.11.2002
Reg. data: 20355 Hamburg, HRB 85516
Manager:
FSM Franzosenhof GmbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 18.11.2002
Reg. data: 20355 Hamburg, HRB 85518
Manager:
K.T.S. GmbH
Tonndorfer Hauptstr. 49
D 22045 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 26.11.2002
Reg. data: 20355 Hamburg, HRB 85633
Manager:
F.S.M. Grundstücksgesellschaft Brinkum mbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 21.09.2004
Reg. data: 20355 Hamburg, HRB 91615
Manager:
SHI Ludwigsfelde Grundstücksgesellschaft mbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 17.09.2007
Reg. data: 20355 Hamburg, HRB 102428
Manager:
Sachau GrundstücksgesellschaftmbH
Anna-Hollmann-Weg 3
D 22587 Hamburg
Legal form: Private limited company
Share capital: EUR 25,564.59
Registered
on: 11.10.1994
Reg. data: 20355 Hamburg, HRB 56776
Liquidator
Teppich-Forum GmbH & Co. KG
Ramskamp 100
D 25337 Elmshorn
Legal form: Ltd partnership with priv. ltd.
company as general partner
dissolved
Total cap. EUR 7,669.38
contribution:
Registered
on: 03.11.1981
Reg. data: 25421 Pinneberg, HRA 666 EL
COMPANY HISTORY
01.01.1896 - 31.03.2006 Teppich Kibek G.m.b.H.
Reichenstr. 3-15
D 25336 Elmshorn
Private limited company
BUSINESS ACTIVITIES
Sectors
4647 Wholesale of furniture, carpets and rugs and lighting
47530 Retail sale of carpets, rugs, wall and floor coverings
47591 Retail sale of home furniture
47599 Retail sale of household articles n.e.c.
BRANCHES AND FACTORIES
Branch:
Teppich Kibek G.m.b.H.
Arster Hemm 50
D 28279 Bremen
TEL.: 0421/825075
Branch:
Teppich Kibek G.m.b.H. * Niederlassung *
Großheppacher Str. 66
D 71384 Weinstadt
TEL.: 07151/969370
FAX.: 07151/610258
Branch:
Teppich Kibek G.m.b.H.
Schleswiger Str. 130
D 24941 Flensburg
TEL.: 0461/28311
Branch:
Teppich Kibek G.m.b.H.
Bruchsaler Str. 7
D 69469 Weinheim
TEL.: 06201/13057
Branch:
Teppich Kibek G.m.b.H.
Lilienthalstr. 1/3
D 04509 Wiedemar
TEL.: 034207-41130
FAX.: 034207-41119
Branch:
Teppich-Kibek G.m.b.H. - Niederlassung -
Oderstr. 8
D 63452 Hanau
TEL.: 06181/9184-0
Branch:
Teppich-Kibek G.m.b.H
Am Juliusturm 41-49
D 13599 Berlin
TEL.: 030/354934-0
Branch:
Teppich-Kibek G.m.b.H.
Am Rondell 7
D 12529 Schönefeld
TEL.: 033762-60187
Branch:
Teppich Kibek GmbH
Oderstr. 10
D 67071 Ludwigshafen
TEL.: 0621/670150
Branch:
Teppich Kibek G.m.b.H. - Niederlassung -
Wettersteinstr. 20
D 82024 Taufkirchen
TEL.: 089/6140081
Branch:
Teppich Kibek G.m.b.H.
Bahnhofstr. 59
D 48308 Senden
TEL.: 02536/33080
Branch:
Teppich Kibek G.m.b.H.
D 30823 Garbsen
Branch:
Teppich Kibek G.m.b.H.
Schmalkalder Str. 12
D 45665 Recklinghausen
TEL.: 02361/904320
Branch:
Teppich Kibek G.m.b.H.
Knorrstr. 28a
D 34134 Kassel
TEL.: 0561/471150
FINANCIAL INFORMATION
Payment experience: within agreed terms
Negative information:We have no negative information at hand.
Maximum credit: 250,000 EUR
Balance sheet year: 2010
REAL ESTATE
Type of ownership: proprietor
Share: 100.00 %
Address Ramskamp 100
D 25337 Elmshorn
Land register documents were not available.
BANKERS
Principal bank
UNICREDIT BANK - HYPOVEREINSBANK, ELMSHORN
Sort. code: 20030000, BIC: HYVEDEMM300
Further banks
SPARKASSE ELMSHORN, ELMSHORN
Sort. code: 22150000, Account no.: 42447, BIC: NOLADE21ELH
COMMERZBANK, ELMSHORN
Sort. code: 22140028, BIC: COBADEFF221
UNICREDIT BANK - HYPOVEREINSBANK, HAMBURG
Sort. code: 20030000, Account no.: 75030502, BIC: HYVEDEMM300
POSTBANK (GIRO), HAMBURG
Sort. code: 20010020, Account no.: 5736208, BIC: PBNKDEFF200
FINANCIAL FIGURES
Turnover: 2010 EUR 113,376,061.00
Profit: 2010 EUR 1,305,613.00
Equipment: EUR
12,057,688.00
Ac/ts
receivable:
EUR 6,504,723.00
Liabillities: EUR 30,896,970.00
Employees:
498
- thereof permanent
staff: 492
- Trainees:
3
BALANCE SHEETS
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 40.79
Liquidity ratio: 0.26
Return on total capital [%]: 2.45
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 38.92
Liquidity ratio: 0.41
Return on total capital [%]: 3.29
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 33.86
Liquidity ratio: 0.36
Return on total capital [%]: 2.03
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 31.22
Liquidity ratio: 0.24
Return on total capital [%]: 0.50
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. It is calculated
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 59,005,626.92
Fixed assets EUR 22,725,752.59
Intangible assets EUR 72,205.00
Concessions, licences, rights EUR 72,205.00
Tangible assets EUR 22,653,547.59
Land / similar rights EUR 10,595,259.59
Other tangible assets / fixtures and
fittings EUR 12,057,688.00
Advance payments made / construction
in progress EUR 600.00
Current assets EUR 36,098,364.72
Stocks EUR 23,483,008.46
Raw materials, consumables and
supplies EUR 37,930.00
Finished goods / work in progress EUR
23,258,079.04
Advance payments made EUR 186,999.42
Accounts receivable EUR 6,504,723.17
Trade debtors EUR 2,047,529.08
Other debtors and assets EUR 4,457,194.09
Liquid means EUR 6,110,633.09
Remaining other assets EUR 181,509.61
Accruals (assets) EUR 181,509.61
LIABILITIES EUR 59,005,626.92
Shareholders' equity EUR 24,070,033.27
Capital EUR 5,000,000.00
Subscribed capital (share capital) EUR
5,000,000.00
Reserves EUR 1,688,975.85
Retained earnings / revenue reserves
EUR 1,688,975.85
Balance sheet profit/loss (+/-) EUR 17,381,057.42
Profit / loss brought forward EUR 16,075,444.16
Annual surplus / annual deficit EUR 1,305,613.26
Provisions EUR 3,938,623.63
Pension provisions and comparable
provisions EUR 1,124,879.00
Provisions for taxes EUR 151,000.00
Other / unspecified provisions EUR 2,662,744.63
Liabilities EUR 30,896,970.02
Financial debts EUR 17,048,431.20
Liabilities due to banks EUR 17,048,431.20
Other liabilities EUR 13,848,538.82
Trade creditors (for IAS incl. bills
of exchange) EUR 7,503,151.56
Notes payable EUR 80,150.19
Liabilities from received advance
payments EUR 568,385.59
Liabilities due to shareholders EUR 19,965.96
Unspecified other liabilities EUR 5,676,885.52
Other liabilities EUR 100,000.00
Deferrals (liabilities) EUR 100,000.00
Profit and loss account
(cost-summary method) according to Comm.
Code (HGB)
Sales EUR 113,376,060.96
Inventory change + own costs (+/-) EUR -283,868.81
Inventory change (+/-) EUR -283,868.81
Other operating income EUR 2,598,597.16
Cost of materials EUR 58,363,488.81
Gross result (+/-) EUR 57,327,300.50
Staff expenses EUR 18,733,144.82
Wages and salaries EUR 15,806,033.49
Social security contributions and
expenses for pension plans and
benefits EUR 2,927,111.33
Total depreciation EUR 2,467,617.23
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 2,467,617.23
Other operating expenses EUR 33,321,744.37
Operating result from continuing
operations EUR 2,804,794.08
Interest result (+/-) EUR -583,828.38
Interest and similar income EUR 478,746.63
Interest and similar expenses EUR 1,062,575.01
Financial result (+/-) EUR -583,828.38
Result from ordinary operations (+/-) EUR
2,220,965.70
Extraordinary expenses EUR 141,370.80
Extraordinary result (+/-) EUR -141,370.80
Income tax / refund of income tax
(+/-)EUR -746,128.30
Other taxes / refund of taxes EUR -27,853.34
Tax (+/-) EUR -773,981.64
Annual surplus / annual deficit EUR 1,305,613.26
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 63,020,110.88
Fixed assets EUR 24,590,403.17
Intangible assets EUR 50,801.00
Concessions, licences, rights EUR 50,801.00
Tangible assets EUR 24,539,602.17
Land / similar rights EUR 11,016,798.59
Other tangible assets / fixtures and
fittings EUR 13,522,203.58
Advance payments made / construction
in progress EUR 600.00
Current assets EUR 38,238,205.10
Stocks EUR 21,047,304.95
Raw materials, consumables and
supplies EUR 44,895.00
Finished goods / work in progress EUR
20,616,145.10
Advance payments made EUR 386,264.85
Accounts receivable EUR 12,071,604.60
Trade debtors EUR 1,695,461.84
Other debtors and assets EUR
10,376,142.76
Liquid means EUR 5,119,295.55
Remaining other assets EUR 191,502.61
Accruals (assets) EUR 191,502.61
LIABILITIES EUR 63,020,110.88
Shareholders' equity EUR 24,527,803.21
Capital EUR 5,000,000.00
Subscribed capital (share capital) EUR
5,000,000.00
Reserves EUR 1,672,359.05
Retained earnings / revenue reserves
EUR 1,672,359.05
Balance sheet profit/loss (+/-) EUR 17,855,444.16
Profit / loss brought forward EUR 15,781,563.84
Annual surplus / annual deficit EUR 2,073,880.32
Provisions EUR 4,242,158.15
Pension provisions and comparable
provisions EUR 908,955.00
Provisions for taxes EUR 675,135.00
Other / unspecified provisions EUR 2,658,068.15
Liabilities EUR 34,250,149.52
Financial debts EUR 23,116,559.74
Liabilities due to banks EUR 23,116,559.74
Other liabilities EUR 11,133,589.78
Trade creditors (for IAS incl. bills
of exchange) EUR 6,237,222.41
Notes payable EUR 56,611.42
Liabilities from received advance
payments EUR 747,370.03
Liabilities due to shareholders EUR 14,584.12
Unspecified other liabilities EUR 4,077,801.80
Profit and loss
account (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 110,912,501.61
Inventory change + own costs (+/-) EUR 31,227.56
Inventory change (+/-) EUR 31,227.56
Other operating income EUR 2,034,917.22
Cost of materials EUR 55,753,225.18
Gross result (+/-) EUR 57,225,421.21
Staff expenses EUR
18,456,070.94
Wages and salaries EUR 15,571,779.59
Social security contributions and
expenses for pension plans and
benefits EUR 2,884,291.35
Total depreciation EUR 2,350,532.80
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 2,350,532.80
Other operating expenses EUR 32,611,326.82
Operating result from continuing
operations EUR 3,807,490.65
Interest result (+/-) EUR -580,215.39
Interest and similar income EUR 614,272.53
Interest and similar expenses EUR 1,194,487.92
Financial result (+/-) EUR -580,215.39
Result from ordinary operations (+/-) EUR
3,227,275.26
Income tax / refund of income tax
(+/-)EUR -1,063,417.98
Other taxes / refund of taxes EUR -89,976.96
Tax (+/-) EUR -1,153,394.94
Annual surplus / annual deficit EUR 2,073,880.32
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.12 |
|
|
1 |
Rs.77.84 |
|
Euro |
1 |
Rs.64.54 |
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.