IDENTIFICATION DETAILS
|
Name : |
BRASOPI-COMERCIO DE VESTUARIO SA |
|
|
|
|
Registered Office : |
Rua Lionesa -
Centro Empresarial da Lionesa, G32 - Apartado 2050 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
15.02.1991 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Wholesale of clothing and accessories |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Poor |
|
Payment Behaviour : |
Slow |
|
Litigation : |
Exists |
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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|
|
|
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Name |
BRASOPI-COMERCIO DE VESTUARIO SA |
|
|
|
|
|
V.A.T. Number / NIF |
502539542 |
|
Address |
Rua Lionesa -
Centro Empresarial da Lionesa, G32 - Apartado 2050 |
|
|
|
Locality |
LECA DO BALIO |
Postal Code |
4465-671-MATOSINHOS |
|
Municipality |
MATOSINHOS |
District |
|
|
Telephone |
229051600 |
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|
|
Fax |
229051659 |
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|
|
E-Mail |
throttleman@throttleman.com |
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|
|
Web Site |
www.throttleman.com |
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C.A.E.(Rev 3) |
46421- Wholesale of clothing and accessories |
|
|
|
Legal Form |
Joint Stock Company |
|
|
|
Constitution |
15-02-1991 |
V.A.T. Number / NIF |
502539542 |
|
Capital |
5.100.000,00 |
|
|
|
Sales in : 31-12-2010 |
25.723.534,72 |
Shareholders Funds in: 31-12-2010 |
477.188,37 |
|
Credit |
Caution |
|
|
|
Condition |
Unstable |
Tendency |
Stationary |
|
Financing |
Not Guaranteed |
Payments |
Slow |
|
|
|
|
|
|
Actual Condition |
In activity |
|
|
|
The
classification of economic activities used is CAE Revision 3, adopted on 14
November 2007, which came to replace CAE Revision 2.1 |
|
All the amounts
are express in Euros, otherwise you will be advised |
|
Governing Bodies |
|
|
|
|
Board of Director's |
|
|
PEDRO MIGUEL MONTES TERRA PINHEIRO |
Board of Director's President |
|
EDUARDO ANTONIO NUNES PEIXOTO CARVALHO DE BARROS |
Administrator |
|
NUNO MIGUEL BEXIGA GONCALVES |
Administrator |
|
JAIME REGOJO VELASCO |
Administrator |
|
|
|
|
Fiscal Board |
|
|
JOAO CARLOS MIGUEL ALVES |
Fiscal Board Substitute |
|
ERNST & YOUNG AUDIT & ASSOCIADOS SROC |
Unique Fiscal |
|
BANCO ESPIRITO SANTO, SA |
|
|
BANCO BPI, SA |
Bom Sucesso - |
|
MILLENNIUM BCP |
Matosinhos |
|
Registed on the Register Record Office of |
|
Constitution celebrated in 15-02-1991 published on Diário
da República number 281
of 06-12-1991 |
|
To oblige the company it is necessary 1 signatures |
|
In 02-11-2009 on Portal MJ of 02-11-2009 increase of
capital Clique para ver
detalhes
|
|
|
In 27-07-2009 on Portal MJ of 28-10-2009 reduction of
capital Clique para ver
detalhes
|
|
|
In 31-12-2008 on Portal MJ of 07-04-2009 board of director's
change |
|
|
In 02-04-2008 on Portal MJ of 31-12-2008 board of
director's change |
|
|
In 22-11-2007 merge |
|
|
|
The Capital is 5.100.000,00 , divided in 5100000 shares , with a
nominal value of 1,00 |
|
|
with the following shareholders |
|
HOZAR PORTUGAL-COMERCIO DE VESTUARIO SA |
|
|
|
IIC Number |
395929 |
|
NAME |
HOZAR PORTUGAL-COMERCIO DE VESTUARIO SA |
|
Funtion |
Shareholder |
|
Address |
Rua da Lionesa - Centro Empresarial da Lionesa, G-32 |
|
Locality |
LECA DO BALIO |
|
Telephone |
229051600 |
|
Fax |
229051659 |
|
E-Mail |
hozar@mail.telepac.pt |
|
C.A.E. |
46421-Comércio por grosso
de vestuário e de acessórios |
|
Event |
General Description |
|
Additional |
A titular tem 96 lojas espalhadas
por todo o país. |
|
Merge |
A 22 de Novembro de 2007, fusăo por incorporaçăo
mediante a transferência
global do patrimonio da
firma Conceitos e Marcas-Pronto
a Vestir Lda, na titular. |
|
Line of Business |
Percentage |
|
Comércio de vestuário |
100% |
|
Type of Clients |
Retailers/Public |
|
|
|
Sales Conditions |
Cash/credit |
|
|
|
Exports to |
ESPANHA,EMIRATOS ARABES UNIDOS |
|
|
|
Throttleman |
|
Head office and installations Rua Lionesa - Centro Empresarial da Lionesa, G32 - Apartado 2050, LECA DO BALIO, 4465-671, LECA DO BALIO,
Tel:229051600, Fax:229051659 |
|
Legal Actions |
||
|
Date: 04-10-2011 |
Judicial District Matosinhos - Tribunal
Judicial |
|
|
Amount: 265.638,33 Euro |
Type: Executiva Comum |
|
|
Author: Dg Center Atlântico, S.L. |
|
|
|
Process: 6545/11.0TBMTS |
|
|
|
|
||
|
Observations: 2º Juízo Cível |
||
|
|
||
|
Date: 14-07-2010 |
Judicial District Matosinhos - Tribunal
Judicial |
|
|
Amount: 7.211,16 Euro |
Type: Executiva Comum |
|
|
Author: Landclover - Consultadoria
e Projectos, Soc. Unipessoal,
Lda. |
|
|
|
Process: 4721/10.1TBMTS |
|
|
|
|
||
|
Observations: 3º Juízo Cível |
||
|
|
||
|
Date: 28-10-2009 |
Judicial District Matosinhos - Tribunal do Trabalho |
2 Court |
|
Amount: 30.735,35 Euro |
Type: Acçăo de Processo
Comum |
|
|
Author: Rita Magalhăes Moreira
Parada |
|
|
|
Process: 956/09.8TTMTS |
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|
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||
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||
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||
|
Date: 02-09-2009 |
Judicial District Matosinhos - Tribunal
Judicial |
3 Court |
|
Amount: 9.956,57 Euro |
Type: Especial Cump.Obrig. Pecuniarias DL 269/98 |
|
|
Author: Goweb, Lda |
|
|
|
Process: 187765/09.2YIPRT |
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||
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||
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|
||
|
Date: 16-03-2009 |
Judicial District Matosinhos |
1 Court |
|
Amount: 42.715,28 Euro |
Type: Ordinária |
|
|
Author: PT Prime - Soluçơes Empresariais de Telecomunicaçơes
e |
|
|
|
Process: 288019/08.0YIPRT |
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|
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||
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||
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||
|
Business Concept |
|
Consulted sources say that the subject is struggling with financial
difficulties and has been delaying its payments and commercial commitments,
so the use of caution in credit connections with this company is recommended.
|
|
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Balance Sheet SNC |
||
|
CoinEURO |
|
Date31-12-2010 |
|
|
||
|
Closing Date |
31-12-2010 |
31-12-2009 |
-- |
Variaçăo (%) |
|
|
|
|||
|
ASSET |
|
|||
|
|
|
|
|
|
|
Non-current assets |
|
|||
|
Tangible fixed assets |
7.606.190,28 |
8.872.924,84 |
|
(14,28) |
|
Goodwill |
923.143,46 |
923.143,46 |
|
|
|
Intangible assets |
3.313.266,72 |
3.921.485,98 |
|
(15,51) |
|
Financial participations - patrimonial equity method |
68.770,10 |
70.320,33 |
|
(2,20) |
|
Financial participations - other methods |
18.600,00 |
24.600,00 |
|
(24,39) |
|
Shareholders/partners |
4.149.700,00 |
3.096.000,00 |
|
34,03 |
|
Deferred tax assets |
2.072.599,67 |
1.657.961,32 |
|
25,01 |
|
Total |
18.152.270,23 |
18.566.435,93 |
|
(2,23) |
|
|
|
|
|
|
|
Current assets |
|
|
||
|
Inventories |
9.056.925,61 |
7.466.523,63 |
|
21,30 |
|
Costumers |
925.383,56 |
737.983,44 |
|
25,39 |
|
State and other public entities |
215.265,69 |
219.849,26 |
|
(2,08) |
|
Other accounts receivable |
239.334,12 |
438.773,97 |
|
(45,45) |
|
Deferrals |
322.462,66 |
329.062,19 |
|
(2,01) |
|
Cashier and bank deposits |
351.684,80 |
530.367,42 |
|
(33,69) |
|
Total |
11.111.056,44 |
9.722.559,91 |
|
14,28 |
|
TOTAL ASSET |
29.263.326,67 |
28.288.995,84 |
|
3,44 |
|
|
|
|
|
|
|
SHAREHOLDERS FUNDS AND LIABILITIES |
|
|
||
|
|
|
|
|
|
|
SHAREHOLDERS FUNDS |
|
|
||
|
Capital |
5.100.000,00 |
5.100.000,00 |
|
|
|
Emission premiuns |
34.376,08 |
34.376,08 |
|
|
|
Net retained |
(3.255.050,73) |
(720.807,09) |
|
351,58 |
|
Adjustments on financial assets |
(57.107,37) |
(57.107,37) |
|
|
|
Other shareholders funds changes |
102.619,00 |
|
|
|
|
Total |
1.924.836,98 |
4.356.461,62 |
|
(55,82) |
|
Net income for the period |
(1.447.648,61) |
(2.534.243,59) |
|
(42,88) |
|
TOTAL OF SHAREHOLDERS FUNDS |
477.188,37 |
1.822.218,03 |
|
(73,81) |
|
|
|
|
|
|
|
LIABILITY |
|
|
||
|
|
|
|
|
|
|
Non-current liiabilities |
|
|
||
|
Financing obtained |
10.912.096,86 |
8.812.041,15 |
|
23,83 |
|
Diferred taxes liabilities |
27.194,06 |
|
|
|
|
Other payable accounts |
3.404.469,00 |
556.822,68 |
|
511,41 |
|
Total |
14.343.759,92 |
9.368.863,83 |
|
53,10 |
|
|
|
|
|
|
|
Current liabilities |
|
|
||
|
Suppliers |
7.171.127,80 |
6.936.892,56 |
|
3,38 |
|
State and other public entities |
2.109.434,24 |
1.502.934,89 |
|
40,35 |
|
Financing obtained |
4.460.611,43 |
6.820.749,71 |
|
(34,60) |
|
Other payable accounts |
593.277,06 |
1.706.775,61 |
|
(65,24) |
|
Deferrals |
107.927,85 |
130.561,21 |
|
(17,34) |
|
Total |
14.442.378,38 |
17.097.913,98 |
|
(15,53) |
|
TOTAL LIABILITIES |
28.786.138,30 |
26.466.777,81 |
|
8,76 |
|
TOTAL SHAREHOLDERS FUNDS AND LIABILITIES |
29.263.326,67 |
28.288.995,84 |
|
3,44 |
|
|
|
|
|
|
|
INCOME STATEMENT |
|
|
||
|
|
|
|
|
|
|
INCOME AND EXPENSES |
|
|
||
|
Sales and services |
25.723.534,72 |
26.444.144,24 |
|
(2,73) |
|
Gains/losses allocated subsidiaries, associates and joint ventures |
(4.550,33) |
(38.694,85) |
|
(88,24) |
|
Cost of goods sold and materials consumed |
13.716.368,00 |
13.354.317,69 |
|
2,71 |
|
Suppliers and external services |
6.255.051,54 |
7.139.626,88 |
|
(12,39) |
|
Personnel costs |
4.175.796,22 |
5.026.817,05 |
|
(16,93) |
|
Impairment of inventories (losses/revearsals)
|
18.196,23 |
|
|
|
|
Impairment of receivables (losses/revearsals)
|
|
201.364,65 |
|
|
|
Other income and gains |
214.061,39 |
399.568,12 |
|
(46,43) |
|
Other expenses and losses |
286.478,06 |
693.186,55 |
|
(58,67) |
|
Result before depreciation, financing costs and taxes |
1.481.155,73 |
389.704,69 |
|
280,07 |
|
Expenses/reversals of depreciation and amortization |
1.553.992,58 |
1.906.225,91 |
|
(18,48) |
|
Impairment of investments depreciable/amortizable (losses/reversals) |
77.460,16 |
128.625,86 |
|
(39,78) |
|
Operating result (before financing costs and taxes) |
(150.297,01) |
(1.645.147,08) |
|
(90,86) |
|
Interest and similar income obtained |
148.935,59 |
185.032,61 |
|
(19,51) |
|
interest and similar expenses incurred |
1.822.778,40 |
1.816.252,17 |
|
0,36 |
|
Net before taxes |
(1.824.139,82) |
(3.276.366,64) |
|
(44,32) |
|
Income tax of the period |
(376.491,21) |
(742.123,05) |
|
(49,27) |
|
Net profit for the period |
(1.447.648,61) |
(2.534.243,59) |
|
(42,88) |
|
|
|
Closing Date |
31-12-2010 |
31-12-2009 |
-- |
|
|
|
|
|||
|
|
|
|||
|
|
(3,034) |
(1,391) |
|
|
|
Assets Profitability |
(0,005) |
(0,058) |
|
|
|
|
(0,056) |
(0,096) |
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
13,131 |
10,186 |
|
|
|
|
0,879 |
0,935 |
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
2,875 |
2,604 |
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
0,769 |
0,569 |
|
|
|
|
0,142 |
0,132 |
|
|
|
|
0,024 |
0,031 |
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
0,016 |
0,064 |
|
|
|
|
0,017 |
0,069 |
|
|
|
|
0,502 |
0,646 |
|
|
|
|
32,215 |
8,579 |
|
|
|
|
22,867 |
4,836 |
|
|
|
|
0,502 |
0,646 |
|
|
|
|
0,033 |
0,194 |
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
(79,89) |
(7,957) |
|
|
|
|
0,082 |
0,502 |
|
|
|
|
(6,551) |
(3,994) |
|
|
|
Financial
Elements |
|
|
31-12-2009 |
|
|
Intangible Assets |
4.260.731,00 |
|
|
Tangible Assets |
8.872.924,00 |
|
|
Investments |
264.659,00 |
|
|
Stocks |
7.466.524,00 |
|
|
Short Term Receivable |
4.507.974,00 |
|
|
Banks and Cash |
530.368,00 |
|
|
Accruals and Deferrals |
2.262.192,00 |
|
|
Total Assets |
28.165.372,00 |
|
|
Shareholder's Funds |
1.698.594,00 |
|
|
Medium and Long Term Payable |
9.368.864,00 |
|
|
Short Term Payable |
16.369.073,00 |
|
|
Accruals and Deferrals |
728.841,00 |
|
|
Total Liabilities and Shareholder's Funds |
28.165.372,00 |
|
|
Cost of Goods and Consumable Materials |
13.354.318,00 |
|
|
Outside Supplies and Services |
7.278.792,00 |
|
|
Personnel Costs |
5.026.817,00 |
|
|
Sales |
26.444.144,00 |
|
|
Supplementary Income |
136.884,00 |
|
|
Comparatives POC |
|
|
31-12-2007 |
31-12-2008 |
31-12-2009 |
|
Net Sales |
21.252.600,00 |
24.727.092,00 |
26.444.144,00 |
|
Net Income For the Year |
(197.998,00) |
(2.579.273,00) |
(2.578.674,00) |
|
Current Assets |
8.032.190,00 |
14.184.006,00 |
14.767.058,00 |
|
Short Term Payables |
11.341.573,00 |
17.262.919,00 |
16.369.073,00 |
|
Cash Flow |
(3.309.383,00) |
(3.078.913,00) |
(1.602.015,00) |
|
Total Assets |
22.125.662,00 |
30.185.277,00 |
28.165.372,00 |
|
Total Liabilities |
16.969.121,00 |
27.608.008,00 |
26.466.778,00 |
|
Shareholders Funds |
5.156.541,00 |
2.577.269,00 |
1.698.594,00 |
|
Personnel Costs |
3.453.453,00 |
4.997.522,00 |
5.026.817,00 |
|
Ratios POC |
|
|
31-12-2007 |
31-12-2008 |
31-12-2009 |
|
FINANCIAL SITUATION |
|
|
|
|
General Liquidity |
0,71 |
0,82 |
0,90 |
|
Immediate Liquidity |
0,21 |
0,43 |
0,45 |
|
Financial Autonomy |
0,23 |
0,09 |
0,06 |
|
Solvency |
0,30 |
0,09 |
0,06 |
|
RENTABILITY |
|
|
|
|
Sales Rentability |
(0,93) % |
(10,43) % |
(9,75) % |
|
Sales Rate Increase |
|
16,35 % |
6,94 % |
|
EFFICIÊNCY |
|
|
|
|
Assets Turnover |
0,96 |
0,82 |
0,94 |
|
Balance Sheet and
Income Statement |
||
|
Balance Sheet |
||
|
CoinEURO |
|
Date31-12-2009 |
|
|
||
|
|
Gross Assets |
Depreciations /
Provisions |
Net Assets |
|
Intangible Assets |
|
Subtotal |
8.241.907,00 |
3.981.176,00 |
4.260.731,00 |
|
Tangible Assets |
|
Subtotal |
13.306.350,00 |
4.433.426,00 |
8.872.924,00 |
|
Financial Investments |
|
Subtotal |
1.252.265,00 |
987.606,00 |
264.659,00 |
|
Stocks |
|
Subtotal |
7.659.411,00 |
192.887,00 |
7.466.524,00 |
|
Short Term Receivable |
|
Subtotal |
4.538.750,00 |
30.776,00 |
4.507.974,00 |
|
Bank Deposits and Cash |
|
Cash |
119.182,00 |
|
119.182,00 |
|
Bank Deposites |
411.186,00 |
|
411.186,00 |
|
Subtotal |
530.368,00 |
|
530.368,00 |
|
Accruals and Deferrals |
|
Accrued Income |
170.378,00 |
|
170.378,00 |
|
Deferred Cost |
2.091.814,00 |
|
2.091.814,00 |
|
Subtotal |
2.262.192,00 |
|
2.262.192,00 |
|
|
|
Total Assets |
37.791.243,00 |
9.625.871,00 |
28.165.372,00 |
|
Shareholders Funds and Liabilities |
|
Shareholders Funds |
|
Capital |
5.100.000,00 |
|
|
Treasury Stock: |
|
|
|
Share-Issue Premiuns |
34.376,00 |
|
|
Capital Adjustments |
(57.107,00) |
|
|
Reserves : |
|
|
|
Net Retained |
(800.000,00) |
|
|
Net Income For the Year |
(2.578.674,00) |
|
|
Total |
1.698.594,00 |
|
|
Short Term Payable |
|
Bank Loans |
5.372.363,00 |
|
|
Supliers Fixed Asset |
1.962.834,00 |
|
|
State and Other Public Bodies |
1.502.935,00 |
|
|
Other Creditors |
594.047,00 |
|
|
Trade Creditors |
1.741.581,00 |
|
|
Trade Notes Payable |
5.195.312,00 |
|
|
Subtotal |
16.369.073,00 |
|
|
Medium and Long Term Payable |
|
Bank Loans |
7.632.572,00 |
|
|
Adv. For Clients |
1.179.470,00 |
|
|
State and Other Public Bodies |
556.823,00 |
|
|
Subtotal |
9.368.864,00 |
|
|
Accruals and Deferrals |
|
Accrued Charges |
598.280,00 |
|
|
Diferred Income |
130.561,00 |
|
|
Subtotal |
728.841,00 |
|
|
TOTAL LIABILITIES |
26.466.778,00 |
|
|
TOTAL LIABILITIES AND SHAREHOLDERS FUNDS |
28.165.372,00 |
|
|
Income Statement |
|
Costs and Losses |
|
Cost of Materials Consumed and Goods Sold: |
|
|
|
Subtotal |
13.354.318,00 |
|
|
Outside Supplies and Services |
7.278.792,00 |
|
|
Personnel Costs |
|
|
|
Subtotal |
5.026.817,00 |
|
|
Depreciation |
1.997.236,00 |
|
|
Provisions |
15.620,00 |
|
|
Subtotal |
2.012.856,00 |
|
|
Other Operating Costs |
108.632,00 |
|
|
Int. and Similar Costs: |
|
|
|
Subtotal |
1.860.079,00 |
|
|
Ext. Costs and Losses |
708.049,00 |
|
|
Taxation Over Income |
742.123,00 |
|
|
Net Income For the Year |
(2.578.674,00) |
|
|
Income and Profits |
|
Sales of : |
|
|
|
Products |
26.444.144,00 |
|
|
Subtotal |
26.444.144,00 |
|
|
Supplementary Income |
136.884,00 |
|
|
Other Operating Income and Gains |
30.430,00 |
|
|
Subtotal |
167.314,00 |
|
|
Trading Securities Income |
|
|
|
Int. and Similar Costs |
|
|
|
Other |
388.872,00 |
|
|
Extra Income and Gains |
28.414,00 |
|
|
Net Income For the Year |
(2.578.674,00) |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.91 |
|
|
1 |
Rs.86.03 |
|
Euro |
1 |
Rs.69.12 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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.