|
Report Date : |
21.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
SAINT GOBAIN CONSTRUCTION PRODUCTS SA (PTY) LTD |
|
|
|
|
Registered Office : |
77 Ost End Road, Germiston, 1400 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
07.09.1937 |
|
|
|
|
Com. Reg. No.: |
1937/010220/07 |
|
|
|
|
Legal Form : |
Private Limited |
|
|
|
|
Line of Business : |
Manufacturing of drain casting |
|
|
|
|
No. of Employees : |
1800 |
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 : |
$ 1 500 000 |
|
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) |
|
South Africa |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Subject Name |
SAINT
GOBAIN CONSTRUCTION PRODUCTS SA (PTY) LTD |
|
Country |
SOUTH
AFRICA |
|
Requested Credit Limit |
$
1 500 000 |
|
Enquiry Terms |
D/A |
|
Account Review |
|
|
Subject Contact person |
MARIE-JANE
SMALL |
|
Assessment |
Total
Credit Limit Exposure: R 5 000 000 This
is a well established company. On
investigation we made contact with Marie-Jane Small who provided the company information. We
were unable to obtain a bank code although with reference to the trade
references we have found that the subject has had credit exposure of up to R
5 000 000 over a 15 day period with an inter-company deal. |
|
Registered Name |
SAINT GOBAIN CONSTRUCTION PRODUCTS SA (PTY) LTD |
|
Trading as/ Division Name |
Unavailable |
|
Previous Name |
Unavailable |
|
Date of Name Change |
Unavailable |
|
Registration Number |
1937/010220/07 |
|
Registration Date |
1937-09-07 |
|
Date Commenced Trading |
1937-09-07 |
|
Age of Business |
74 Years 5 Months |
|
History of Business |
Unavailable |
|
History of Principals |
Unavailable |
|
Shareholders and % holding |
Part of a Group Holding |
|
Authorised
Share Capital |
Unavailable |
|
Issued Share Capital |
Unavailable |
|
Status |
In Business |
|
Operations Assessment |
Manufacturing of drain casting |
|
Industry/ Customers |
Unavailable |
|
Export |
Unavailable |
|
Major Industry Code / SICC |
50 |
|
Definition of Code |
Construction |
|
Head Office Physical Address |
77 Ost end road GERMISTON 1400 |
|
Head Office Postal Address |
PO
Box 700 GERMISTON 1400 |
|
Current Tel Number |
012 3804600 – Head Office –
011 3455300 |
|
Cell number |
Unavailable |
|
Current Fax Number |
0 12 3863249 |
|
Current Email Address |
|
|
Web Site Address |
Unavailable |
|
Company Registered Name |
PRICEWATERHOUSE COOPERS |
|
Trading Name |
Unavailable |
|
Registration Number |
1998/012055/21 |
|
Physical Address |
2 EGLIN ROAD SUNNINGHILL 2157 |
|
Postal Address |
Private Bag X36 SUNNINGHILL 2157 |
|
Contact Person |
VERA BOTES |
|
Contact Number |
011 7974000 |
|
Email |
|
|
Principals |
248 |
|
Judgements
Against Subject |
None |
|
Judgements
Against Principals |
Unavailable |
|
Subject Verified as Client |
Yes |
|
SAICA number |
Unavailable |
|
VAT Number |
4950174682 |
|
Tax Number |
9343032844 |
|
BEE Status |
Unavailable |
|
Financial Year End |
June |
|
Years With Auditors |
Unavailable |
|
Website |
|
Company Name |
Phone Number |
Time with previous auditors |
|
None |
|
|
|
Vat Number |
4430103087 |
|
Status |
Active |
|
Vat Liable Date |
|
|
Tax Number |
9000065608 |
|
Tax Clearance Expire Date |
December |
|
Financial Year End |
December |
|
Status |
Yes |
|
Score |
Level 5 |
|
Expire Date |
24 October 2012 |
|
BEE Certificate Available |
Yes – Attached |
|
Type of ISO Grade |
None |
|
ISO Certificate |
|
|
ISO Certificate Available |
|
|
Certified by an Accredited
Agent |
|
|
Registered |
Yes |
|
Compliance Certified |
Unavailable |
Subsidiaries – Please
see the attached information on the BEE Certificate
|
Number
of Employees |
1800 |
|
1. Salaried employees |
|
|
2. Waged employees |
|
|
3. Permanent employees |
|
|
4. Casual employees |
|
|
5. Contracted employees |
|
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
|
Fleet Operations |
|
|
|
|
|
The Fleet is made up of |
Unavailable |
|||
|
1. Cars |
|
|
|
|
|
2. Light Delivery Vehicles |
|
|
|
|
|
3. Trailers |
|
|
|
|
|
4. Busses |
|
|
|
|
|
5. Trucks |
|
|
|
|
|
6. Fork Lifts |
|
|
|
|
|
7. Other |
|
|
|
|
|
Offices |
Unavailable |
Head Office Owned/ Rented |
|
|
Rental Company |
|
|
Owned by |
|
|
Value |
|
|
Bond |
|
|
Bank |
|
|
Lease Agreement |
|
|
Lease Expire Date |
|
|
Type of Premises |
|
|
Branches Names |
Country |
Province |
|
Unavailable |
|
|
Branches Owned/ Rented |
Unavailable |
|
Rental Company |
|
|
Owned |
|
|
Value |
|
|
Bank |
|
|
Bond |
|
|
Lease Agreement |
|
|
Lease Expire Date |
|
|
Type of Premises |
|
Organisation chart
|
Level |
Position |
Name |
|
Unavailable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note: One level up and all levels down
|
Holding |
Company |
Sub |
|
Unavailable |
|
|
|
|
|
|
Key
deals signed within the past 12 months.
|
Company |
Value |
Contact |
|
Unavailable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
|
1 |
SAINT
GOBAIN PIPE LINES |
MICHELLE
WILLIMSE 012
3804600 |
|
|
|
2
|
REMA
ENGINEERING |
STEFAN ERDMAN 011 7621620 |
|
|
Trade References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
1 Year |
Open Max |
|
15
Days |
R
5 000 000 |
15
Days |
Excellent
Payers Intercompany Pay
on time. |
|
2 |
1 Year |
Max |
|
30
Days Net |
|
30
Days |
Cannot
comment, ordered once only. |
Judgements
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil
Court |
None |
|
RDs |
None |
Judgements
|
Case
Number |
No information on record |
|
Amount |
|
|
Reason |
|
|
Court
Name |
|
|
Judgement Type |
|
|
Judgement Date |
|
|
Plaintiff
(Multiple) |
|
Business Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
|
None |
|
|
|
Default Listings
|
Date |
Details |
|
None |
|
Notarial Bonds
|
Date |
Details |
|
None |
|
|
Bank |
STANDARD BANK |
|
Branch |
Rivonia |
|
Bank Account Number |
Declined |
|
Type of Account |
|
|
Account Name |
|
|
Overdraft Facilities |
|
|
Date Opened |
|
|
Bank Code |
None |
|
Bank Comment |
None, unable to obtain without a bank account number. |
Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
Years with bank |
|
Unavailable |
|
|
|
|
|
|
|
Previous Bank Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
Unavailable |
|
|
|
|
|
Property Interestsfor Company
|
Title
Deed No. |
None |
Erf/Site No. |
|
|
Deeds
Office |
|
Physical Address |
|
|
Property
Type |
|
Extent / Size |
|
|
Purchase
Date |
|
Purchase price |
|
|
%
Ownership |
|
Bond Holder |
|
|
Bond
Number |
|
Bond Amount |
|
Financial Estimates
|
CURRENT ASSETS |
The subject considers this information to be private. |
|
Stock |
|
|
Debtors |
|
|
FIXED ASSETS |
|
|
Plant, Equipment, Vehicles |
|
|
Property |
|
|
CURRENT LIABILITIES |
|
|
Creditors |
|
|
Loans/ From? |
|
|
LONG TERM LIABILITIES |
|
|
Morgage Bonds |
|
|
Previous Year Turnover |
|
|
Estimated Current Year Turnover |
|
|
Current Turnover per month |
|
|
Current Turnover per annum |
|
Please note the following:
|
Turnover and assets less than R
1,000,000.00 |
The subject falls within the National Credit Act |
|
Turnover and assets less than R
2,000,000.00 |
The subject falls within the Consumer Protection Act |
Principals
|
Number of Principals |
4 |
|
Average Age of Active Principals |
37 |
Active Principals
Principal
1 of 4: CAROLYN W LATEGAN
|
Surname |
LATEGAN |
|
First Name |
CAROLYN |
|
Other Names |
W |
|
Marital Status |
Unavailable |
|
ID Number |
6701030021080 |
|
Verified ID Number |
No |
|
Current Age |
45 |
|
Designation |
Unavailable |
|
Status |
Active |
|
Appointment Date |
2009-07-06 |
|
Physical Address (at time of
Appointment) |
185 VLAKPLAATS TARLTON 1749 |
|
Postal Address |
PO Box 700 GERMISTON 1401 |
|
Current Tel Number |
011 9522939 |
|
Cell number |
082 6551416 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse Information for:
CAROLYN W LATEGAN
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SPUNBOND INSULATION (PTY) LTD |
1998/025799/07 |
In
Business |
13
Years 2 Months |
0 |
No |
|
SAINT-GOBAIN CONSTRUCTION PRODUCTS
SOUTH AFRICA (PTY) LTD |
M1937/010220/07 |
In
Business |
74
Years 5 Months |
0 |
No |
|
DONN PRODUCTS (PTY) LTD |
M1969/012456/07 |
In
Business |
42
Years 6 Months |
0 |
No |
|
DON SOUTH AFRICA (PTY) LTD |
M1971/001193/07 |
In
Business |
41
Years 1 Month |
0 |
No |
|
GYPSUM INDUSTRIES (PTY) LTD |
M1971/011268/07 |
In
Business |
40 Years
4 Months |
0 |
No |
|
LISKEY (PTY) LTD |
M1980/003644/07 |
In
Business |
31
Years10 Months |
0 |
No |
|
SAINT-GOBAIN PIPELINES SOUTH AFRICA
(PTY) LTD |
M1984/011416/07 |
In
Business |
27
Years 2 Months |
0 |
No |
|
SAINT-GOBAIN ISOVER SOUTH AFRICA (PTY)
LTD |
M1996/006866/07 |
In
Business |
15
Years 9 Months |
0 |
No |
|
SAINT-GOBAIN ABRASIVES (PTY) LTD |
M1997/017721/07 |
In
Business |
14
Years 4 Months |
0 |
No |
|
SELCOTRADE 35 (PTY) LTD |
M2005/019924/07 |
In
Business |
6
Years 8 Months |
0 |
No |
|
SAINT-GOBAIN WEBER SOUTH AFRICA (PTY)
LTD |
M2005/020576/07 |
In
Business |
6
Years 8 Months |
0 |
No |
|
SWYS TILE ADHESIVE CHEMICALS (PTY)
LTD |
M2006/009690/07 |
In
Business |
5
Years 11 Months |
0 |
No |
|
SAINT-GOBAIN MINING (PTY) LTD |
M2007/032896/07 |
In
Business |
4
Years 3 Months |
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
13 Years |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
ELR CONSULTANTS CC |
2008/038253/23 |
In
Business |
4
Years |
0 |
No |
|
ELR TRAINING CC |
2008/042786/23 |
In
Business |
4
Years |
0 |
No |
|
CAPITEC BANK LTD |
M1980/003695/06 |
In
Business |
31
Years 9 Months |
0 |
No |
Deeds Information
Property
Interests for: CAROLYN W LATEGAN
|
Title
Deed No. |
None |
Erf/Site No. |
|
|
Deeds
Office |
|
Physical Address |
|
|
Property
Type |
|
Extent / Size |
|
|
Purchase
Date |
|
Purchase price |
|
|
%
Ownership |
|
Bond Holder |
|
|
Bond
Number |
|
Bond Amount |
|
Principal
2 of 4: PETER HINDLE
|
Surname |
HINDLE |
|
First Name |
PETER |
|
Other Names |
Unavailable |
|
Marital Status |
Unavailable |
|
ID Number |
5402170000000 |
|
Verified ID Number |
No |
|
Current Age |
58 |
|
Designation |
GENERAL DELEGATE |
|
Status |
Active |
|
Appointment Date |
2009-02-24 |
|
Physical Address (at time of
Appointment) |
Woodside 3 Linden Green Thornton Cleveleys LANCASHIRE 1111 |
|
Postal Address |
Woodside 3 Linden Green Thornton Cleveleys LANCASHIRE 1111 |
|
Current Tel Number |
Unavailable |
|
Cell number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse Information for:
PETER HINDLE
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for:
PETER HINDLE
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SAINT-GOBAIN CONSTRUCTION PRODUCTS
SOUTH AFRICA (PTY)LTD |
M1937/010220/07 |
In
Business |
74
Years 5 Months |
0 |
No |
|
SAINT-GOBAIN PIPELINE SOUTH AFRICA
(PTY) LTD |
M1984/011416/07 |
In
Business |
27
Years 2 Months |
0 |
No |
|
SAINT-GOBAIN ABRASIVES (PTY) LTD |
M1997/017721/07 |
In
Business |
14
Years 4 Months |
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
Unavailable |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
Unavailable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deeds Information
Property
Interests for: PETER HINDLE
|
Title
Deed No. |
Unavailable |
Erf/Site No. |
|
|
Deeds
Office |
|
Physical Address |
|
|
Property
Type |
|
Extent / Size |
|
|
Purchase
Date |
|
Purchase price |
|
|
%
Ownership |
|
Bond Holder |
|
|
Bond
Number |
|
Bond Amount |
|
Principal
3 of 4: COENRAAD HITGE
|
Surname |
HITGE |
|
First Name |
COENRAAD |
|
Other Names |
None |
|
Marital Status |
Unknown |
|
ID Number |
7510015009088 |
|
Verified ID Number |
No |
|
Current Age |
36 |
|
Designation |
Accountant |
|
Status |
Active |
|
Appointment Date |
2007-11-30 |
|
Physical Address (at time of
Appointment) |
917 Kintamani 39 Mulbarton Road Beverly SANDTON 2196 |
|
Postal Address |
PO Box 1579 LONGHILL 2067 |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse Information for: COENRAAD HITGE
Judgement
|
Number
of Judgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for: COENRAAD HITGE
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SAINT-GOBAIN CONSTRUCTION PRODUCTS SOUTH AFRICA (PTY) LTD |
M1937/010220/07 |
In
Business |
74
Years 5 Months |
0 |
No |
|
DONN PRODUCTS (PTY) LTD |
M1969/012456/07 |
In
Business |
42
Years 6 Months |
0 |
No |
|
LISKEY (PTY)LTD |
M1980/003644/07 |
In
Business |
31
Years 10 Months |
0 |
No |
|
SAINT-GOBAIN WEBER SOUTH AFRICA (PTY) LTD |
M2005/020576/07 |
In
Business |
6
Years 8 Months |
0 |
No |
|
FLUXRAB INVESTMENTS NO 173 (PTY) LTD |
M2008/006190/07 |
In
Business |
3
Years 11 Months |
0 |
No |
|
FLUXRAB INVESTMENTS NO 174 (PTY) LTD |
M2008/006441/07 |
In
Business |
3
Years 11 Months |
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
8 Years 5 months |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SPUNBOND INSULATION (PTY) LTD |
1998/025799/07 |
In
Business |
13
Years 2 Months |
0 |
No |
|
SELCOTRADE 35 (PTY) LTD |
M2005/019924/07 |
In
Business |
6
Years 8 Months |
0 |
No |
Deeds Information
Property
Interests for: COENRAAD HITGE
|
Title
Deed No. |
T80730/2005 |
Erf/Site No. |
|
|
Deeds
Office |
Pretoria |
Physical Address |
Beverly SANDTON |
|
Property
Type |
Freehold / Ervin |
Extent / Size |
500.0SQM |
|
Purchase
Date |
2005-03-26 |
Purchase price |
R
529 000,00 |
|
%
Ownership |
0.0000 |
Bond Holder |
ABSA
BANK LTD |
|
Bond
Number |
B884362005 |
Bond Amount |
R
1 650 000,00 |
Principal
4 of 4: STEPHEN DU TOIT
|
Surname |
DU TOIT |
|
First Name |
STEPHEN |
|
Other Names |
None |
|
Marital Status |
Unknown |
|
ID Number |
6506275012086 |
|
Verified ID Number |
Yes |
|
Current Age |
47 |
|
Designation |
MANAGING DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2001-06-01 |
|
Physical Address (at time of
Appointment) |
89 LACHLAN ROADY KYALAMI 2000 |
|
Postal Address |
PO Box 700 GERMISTON 2000 |
|
Current Tel Number |
011 3455345 |
|
Cell number |
082 4473936 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse Information for: STEPHEN DU TOIT
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for: STEPHEN DU TOIT
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SAINT-GOBAIN CONSTRUCTION PRODUCTS SOUTH AFRICA (PTY) LTD |
M1937/010220/07 |
In
Business |
74
Years 5 Months |
0 |
No |
|
DONN PRODUCTS (PTY) LTD |
M1969/012456/07 |
In
Business |
42
Years 6 Months |
0 |
No |
|
DON SOUTH AFRICA (PTY) LTD |
M1971/001193/07 |
In
Business |
41
Years 1 Month |
0 |
No |
|
GYPSUM INDUSTRIES (PTY) LTD |
M1971/011268/07 |
In
Business |
40
Years 4 Months |
0 |
No |
|
LISKEY (PTY) LTD |
M1980/003644/07 |
In
Business |
31
Years10 Months |
0 |
No |
|
SAINT-GOBAIN ISOVER SOUTH AFRICA (PTY) LTD |
M1996/006866/07 |
In
Business |
15
Years 9 Months |
0 |
No |
|
SAINT-GOBAIN ABRASIVES (PTY) LTD |
M1997/017721/07 |
In
Business |
14
Years 4 Months |
0 |
No |
|
CEILING AND PARTITION WAREHOUSE (PTY)LTD |
M1998/023020/07 |
In
Business |
13
Years 3 Months |
0 |
No |
|
SELCOTRADE 35 (PTY) LTD |
M2005/019924/07 |
In
Business |
6
Years 8 Months |
0 |
No |
|
SAINT-GOBAIN WEBER SOUTH AFRICA (PTY) LTD |
M2005/020576/07 |
In Business |
6
Years 8 Months |
0 |
No |
|
SWYS TILE ADHESIVE CHEMICALS (PTY) LTD |
M2006/009690/07 |
In
Business |
5
Years 11 Months |
0 |
No |
|
SAINT-GOBAIN MINING (PTY) LTD |
M2007/032896/07 |
In
Business |
4
Years 3 Months |
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
13 Years 2 Months |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SPUNBOND INSULATION (PTY) LTD |
1998/025799/07 |
In
Business |
13 Years
2 Months |
0 |
No |
Deeds
Information
Property
Interests for: STEPHEN DU TOIT
|
Title
Deed No. |
T107755/2002 |
Erf/Site No. |
|
|
Deeds
Office |
Pretoria |
Physical Address |
8
Lachlan Glenferness MIDRAND |
|
Property
Type |
Small Holding |
Extent / Size |
2.5890H |
|
Purchase
Date |
2002-08-02 |
Purchase price |
R
700 000,00 |
|
%
Ownership |
0.0000 |
Bond Holder |
|
|
Bond
Number |
|
Bond Amount |
R
0,00 |
|
Title
Deed No. |
T91062/2007 |
Erf/Site No. |
|
|
Deeds
Office |
Cape Town |
Physical Address |
Sea
Vista ST Francis Bay |
|
Property
Type |
Freehold / Ervin |
Extent / Size |
1039.0SQM |
|
Purchase
Date |
2007-07-05 |
Purchase price |
R
4 900 000,00 |
|
%
Ownership |
0.0000 |
Bond Holder |
|
|
Bond
Number |
|
Bond Amount |
R
0,00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.21 |
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.