MIRA INFORM REPORT

 

 

Report Date :

18.02.2012

 

IDENTIFICATION DETAILS

 

Name :

AFENTOULI VASILIKI 'IMPORT - EXPORT'

 

 

Formerly Known As :

'AFENTOULI VASILIKI'

 

 

Registered Office :

91 Kolokotroni 18535 Piraeus Attiki

 

 

Country :

Greece

 

 

Date of Incorporation :

01.07.2011

 

 

Legal Form :

Proprietorship Concern

 

 

Line of Business :

Imports and wholesale trade of white linen, carpets and shoes

 

 

No. of Employees :

0 as at Sep 20, 2011 including 0 part-time staff.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New Concern

 

 

Payment Behaviour :

Unknown

 

 

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)

Greece

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

IDENTIFICATION DETAILS

                       

NAME:                          AFENTOULI VASILIKI 'IMPORT - EXPORT'                             

(FORMER NAME:          AFENTOULI VASILIKI)                                       

 

ADDRESS:                   91 KOLOKOTRONI 18535 PIRAEUS ATTIKI GREECE                                                   

 

TELEPHONE:                30  6982464756                                           

E-MAIL ADDRESS:        danakos1@hotmail.com                                     

 

ANY AMOUNTS HEREAFTER ARE IN EURO UNLESS OTHERWISE STATED

 

 

SENIOR COMPANY PERSONNEL

 

Details concerning the principals of the business could not be ascertained

 

 

WORKFORCE

 

EMPLOYS: 0 as at Sep 20, 2011 including 0 part-time staff.

 

 

BANKERS

 

Emporiki Bank, Piraeus (Central) Branch branch., 15 Makras Stoas,

Piraeus 18531, Greece.

Telephone: 30 2104174721

 

Citibank International Plc, Patra Branch branch., 36 Ag. Andreou, Patra

26221, Greece.

Telephone: 30 2610240570.

 

 

LEGAL STATUS

 

BACKGROUND

Business started Jul 1, 2011.

    

LEGAL FORM

Proprietorship registered on Jul 1, 2011 for a period ending Dec 31, 9999.

Tax Registration Number: 100426966

Subject's name was changed from 'AFENTOULI VASILIKI'.

 

Subject commences its business activities on October 2011.

ACTIVITIES

 

Local Activity Code:                   4641

Local Activity Code Type:           STAKOD

Equivalent to:                             NACE 1

Wholesales piece goods and notions

Wholesales footwear

Imports and wholesale trade of white linen, carpets and shoes, Subject distributes its goods by wholesale to 50 firms

 

 

IMPORTS

 

Imports 100% from China, India, Pakistan

Normal importing terms are cash against documents

 

 

EXPORTS

 

Subject does not export.

 

 

PREMISES / REAL ESTATE

 

Operates from rented office, at heading address.

    

REGISTERED OFFICE: At heading address.

 

 

GENERAL COMMENTS 

 

subject confirmed general details in this report.

    

local informants stated that:

Subject is a newly established firm, being at the stage of development its business activities. Noted that subject use the title VALANTAKOS GROUP OF COMPANIES in its transactions with customers abroad. Subject commences its business activities on October 2011.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.21

UK Pound

1

Rs.77.75

Euro

1

Rs.64.58

 

 

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.