MIRA INFORM REPORT

Report Date :

23.01.2012

IDENTIFICATION DETAILS

Name :	AFTAB SIDDIQUE

Registered Office :	53 I. Dragoumi, P. Kokkinia, 18542 Piraeus, Attiki

Country :	Greece

Date of Incorporation :	01.01.1998

Legal Form :	Proprietorship Concern

Line of Business :	Wholesales footwear

No. of Employees :	01

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate

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^th, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Greece

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

COMPANY NAME

AFTAB SIDDIQUE

IDENTIFICATION DETAILS

ADDRESS:               53 I. DRAGOUMI, P. KOKKINIA

                    18542 PIRAEUS

                    ATTIKI

                    GREECE

TELEPHONE:          30  2104207677

TELEFAX:                30  2104207677

E-MAIL ADDRESS:  malikasif@gmail.com

WEB-SITE ADDRESS:   Not Applicable

SENIOR COMPANY PERSONNEL

Siddique M. Aftab

proprietor

WORKFORCE

1 employee

PAYMENTS

No information regarding the subject’s payment behaviour is available.

BANKERS

Probank S.A., Keratsini Branch branch., 26 Dimokratias Ave, Keratsini 18758, Greece.

Telephone: 30 2104032140

FINANCIALS

No financial information available for the subject.

LEGAL STATUS

BACKGROUND

Business started Jan 1, 1998.

LEGAL FORM

Proprietorship registered on Jan 1, 1998 for a period ending Dec 31, 9999. Tax Registration Number: 047659147

CAPITAL DETAILS

As a sole proprietorship, this information is not available.

LINKED COMPANIES

AFTAB, SIDDIQUE, & CO O.E. 'TOP FIT INTERNATIONAL' General Partnership, Greece

This is a dormant concern.

Year started: 2006.

This concern is related through common shareholders.

ACTIVITIES

Local Activity Code:                 4642

Local Activity Code Type:         STAKOD

Equivalent to:                          NACE 1

Wholesales footwear

Operates family clothing stores

Imports and trade of leather garments. Subject distributes its goods mainly by wholesale. Details regarding subject's clientele are not available.

IMPORTS

Imports 100% from Pakistan

Normal importing terms are open account

EXPORTS

Subject does not export.

PREMISES / REAL ESTATE

Operates from rented office, covering approximately 40 square metres at heading address.

REGISTERED OFFICE: At heading address.

BRANCHES

Subject has 1 branches/divisions

53 I. Dragoumi, P. Kokkinia, 18542, Piraeus, Greece.

GENERAL COMMENTS

The information provided in this report was confirmed through an interview with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.50.33
UK Pound	1	Rs.77.97
Euro	1	Rs.65.07

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.