|
Report Date : |
02.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
GI.TI.BI. FILATI - S.R.L. |
|
|
|
|
Registered Office : |
Via Toscana, 55 1 Macrolotto Ovest 50047 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
12.10.1978 |
|
|
|
|
Com. Reg. No.: |
PO005-5264 since 19/02/1996 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of Textiles |
|
|
|
|
No. of Employees : |
From 11 to 15 |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
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 March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Italy |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Gi.ti.bi. Filati - S.r.l.
Via Toscana,55 1 Macrolotto Ovest
50047- Prato(PO)-IT-
|
Fiscal Code |
: |
01537160481 |
|
Legal Form |
: |
Limited liability company |
|
start of Activities |
: |
12/10/1978 |
|
Equity |
: |
Over 2.582.254 Eur |
|
Turnover Range |
: |
9.000.000/10.000.000 Eur |
|
Number of Employees |
: |
from 11 to 15 |
MANUFACTURE OF TEXTILES
Preparation and spinning of textile fibres
Wholesale of textiles
Wholesale of raw and semi-finished textile fibres
Legal Form : Limited liability company
|
Fiscal Code : 01537160481 |
|
Foreign Trade Reg. no. : PO008727 since 08/01/1992 |
|
Chamber of Commerce no. : 275660 of Prato since 17/10/1978 |
|
Firms' Register : PO005-5264 since 19/02/1996 |
|
V.A.T. Code : 00261370977 |
|
Foundation date |
: 12/10/1978 |
|
|
Establishment date |
: 02/10/1978 |
|
|
Start of Activities |
: 12/10/1978 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 110.000 |
Eur |
|
Subscribed Capital |
: 110.000 |
Eur |
|
Paid up Capital |
: 110.000 |
Eur |
|
|
Grassi |
Aldo |
|
|
|
Born in Prato |
(FI) |
on 21/03/1944 |
- Fiscal Code : GRSLDA44C21G999J |
|
|
|
Residence : |
Via |
Della Liberazione |
, 22 |
- 59100 |
Prato |
(PO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
30/05/2007 |
|
|
|
Board Chairman |
30/05/2007 |
|
|
|
|
No Protests registered |
|
|
Ferretti |
Misiana |
|
|
|
Born in Cavriglia |
(AR) |
on 01/06/1946 |
- Fiscal Code : FRRMSN46H41C407J |
|
|
|
Residence : |
Via |
Della Liberazione |
, 22 |
- 59100 |
Prato |
(PO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/05/2007 |
|
|
|
|
No Protests registered |
|
|
Grassi |
Gabriele |
|
|
|
Born in Prato |
(FI) |
on 11/11/1973 |
- Fiscal Code : GRSGRL73S11G999D |
|
|
|
Residence : |
Via |
Della Liberazione |
, 22 |
- 59100 |
Prato |
(PO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Assistant board Chairman |
30/05/2007 |
|
|
|
Managing Director |
30/05/2007 |
|
|
|
|
No Protests registered |
|
|
Grassi |
Leonardo |
|
|
|
Born in Prato |
(FI) |
on 08/07/1981 |
- Fiscal Code : GRSLRD81L08G999K |
|
|
|
Residence : |
Via |
Della Liberazione |
, 22 |
- 59100 |
Prato |
(PO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Managing Director |
30/05/2007 |
|
|
|
|
No Protests registered |
|
|
Grassi |
Martina |
|
|
|
Born in Prato |
(FI) |
on 28/10/1979 |
- Fiscal Code : GRSMTN79R68G999R |
|
|
|
Residence : |
Via |
Della Liberazione |
, 22 |
- 59100 |
Prato |
(PO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
30/05/2007 |
|
|
|
|
No Protests registered |
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have
holded positions.
|
|
GRASSI |
ALDO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
FIL DAY - S.R.L. |
Calenzano (PO) - IT - |
03492340488 |
Director |
Withdrawn |
Liquidated |
|
FILTOP INDUSTRIA FILATI S.R.L. |
Vaiano (PO) - IT - |
03576090488 |
Managing
Director |
Active |
Registered |
|
FILTOP INDUSTRIA FILATI S.R.L. |
Vaiano (PO) - IT - |
03576090488 |
Sole Director |
Withdrawn |
Registered |
|
FILTOP INDUSTRIA FILATI S.R.L. |
Vaiano (PO) - IT - |
03576090488 |
Board Chairman |
Active |
Registered |
|
GA.VO. DI TUCI FRANCO E GRASSI ALDO E C. |
Prato (PO) - IT - |
01694620970 |
Partner |
Withdrawn |
Ceased |
|
GRASSI ALDO |
Prato (FI) - IT - |
GRSLDA44C21G999J |
Proprietor |
Withdrawn |
Ceased |
|
LANIFICIO*SILVY TRICOT S.R.L. |
Calenzano (FI) - IT - |
03374090482 |
Chairman |
Withdrawn |
Ceased |
|
LANIFICIO*SILVY TRICOT S.R.L. |
Calenzano (FI) - IT - |
03374090482 |
Managing
Director |
Withdrawn |
Ceased |
|
VERTESS - S.R.L. |
Prato (FI) - IT - |
03835750484 |
Liquidator |
Withdrawn |
Ceased |
|
|
GRASSI |
GABRIELE |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
C.P.F. -*CONSORZIO PROMOZIONE FILATI |
Prato (PO) - IT - |
02114030485 |
Vice-Chairman |
Active |
Registered |
|
NATURAL FANTASY S.R.L. |
Prato (PO) - IT - |
01752050979 |
Managing Director
|
Withdrawn |
Registered |
|
|
GRASSI |
LEONARDO |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
FILTOP INDUSTRIA FILATI S.R.L. |
Vaiano (PO) - IT - |
03576090488 |
Director |
Active |
Registered |
The indication "REGISTERED" as Firm Status could refer to
Firms in Liquidation, Active, Inactive, etc.
For more information, in this case, we advise to request further
investigations.
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Grassi Aldo |
Prato - IT - |
GRSLDA44C21G999J |
99.000 .Eur |
90,00 |
|
Ferretti Misiana |
Prato - IT - |
FRRMSN46H41C407J |
11.000 .Eur |
10,00 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Conser - Consorzio Servizi Del Primo Macrolotto Industriale Di Prato
Societa' Co |
Prato - IT - |
03267770489 |
36 .Eur |
0,35 |
|
|
Active |
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
since 29/05/1981 |
|
|
|
|
|
Via |
Toscana |
, 55 Loc. 1 Macrolotto Ovest |
- 50047 |
- Prato |
(PO) |
- IT - |
|
|
|
|
PHONE |
: 0574/624141 |
|
|
|
|
FAX |
: 0574/621877 |
|
- |
Branch |
(Store ) |
since 01/07/2008 |
|
|
|
|
|
Via |
Di Sofignano |
- 50049 |
- Vaiano |
(PO) |
- IT - |
|
|
|
|
Employees |
: 15 |
|
Fittings and Equipment for a value of 240.000 |
Eur |
|
Stocks for a value of 2.930.000 |
Eur |
|
|
The firm operates abroad as importer / exporter. .
To purchase foreign products the firm uses the following channels :
|
- trading companies |
Export represents from 20% to 50% of the global turnover.
Products abroad are placed by :
|
- importers |
|
- trading companies |
|
- its own agents |
|
- direct orders from foreign companies |
Import comes generally from the following nations:
|
- Francia |
|
- Belgio |
|
- Germania |
|
- Gran Bretagna |
Export is mainly towards:
|
- Austria |
|
- Francia |
|
- Irlanda |
|
- Germania |
|
- Gran Bretagna |
|
- Belgio |
CHANGES TO THE LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
Limited partnership |
Limited liability company |
29/05/1981 |
EX-MEMBERS / EX-POSITIONS:
|
|
Rosati |
Andrea Luca |
|
|
|
Born in Prato |
on 03/07/1950 |
- Fiscal Code : RSTNRL50L03G999X |
|
|
|
Residence : |
Via |
M. Cecconi |
, 30 |
- 59100 |
Prato |
(PO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Grassi |
Aldo |
|
|
|
Born in Prato |
on 21/03/1944 |
- Fiscal Code : GRSLDA44C21G999J |
|
|
|
Residence : |
Via |
Della Liberazione |
, 22 |
- 59100 |
Prato |
(PO) |
- IT - |
|
Ex-Postions |
|
Vice-Chairman |
|
|
Tuci |
Franco |
|
|
|
Born in Prato |
on 04/05/1942 |
- Fiscal Code : TCUFNC42E04G999P |
|
|
|
Residence : |
Via |
Della Liberazione |
, 3 |
- 59100 |
Prato |
(PO) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
|
Grassi |
Aldo |
|
|
|
Born in Prato |
on 21/03/1944 |
- Fiscal Code : GRSLDA44C21G999J |
|
|
|
Residence : |
Via |
Della Liberazione |
, 22 |
- 59100 |
Prato |
(PO) |
- IT - |
|
Ex-Postions |
|
Vice-Chairman |
|
Managing Director |
|
Board Chairman |
|
|
Ciardi |
Alessandro |
|
|
|
Born in Prato |
on 25/05/1948 |
- Fiscal Code : CRDLSN48E25G999H |
|
|
|
Residence : |
Via |
Labriola |
, 45 |
- 59100 |
Prato |
(PO) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Figliolia |
Paolo |
|
|
|
Born in Ferrara |
on 07/09/1939 |
- Fiscal Code : FGLPLA39P07D548N |
|
|
|
Residence : |
Via |
Ferrucci |
, 188 |
- 59100 |
Prato |
(PO) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Zanolla |
Giovanni |
|
|
|
Born in Prato |
on 17/06/1962 |
- Fiscal Code : ZNLGNN62H17G999G |
|
|
|
Residence : |
Via |
Benedetto Croce |
, 46 |
- 59100 |
Prato |
(PO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Bessi |
Rita Maria |
|
|
|
Born in PRATO |
on 10/09/1945 |
- Fiscal Code : BSSRMR45P50G999G |
|
|
|
Residence : |
Via |
DELLA LIBERAZIONE |
, 3 |
- 59100 |
Prato |
(PO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Leone |
Adriano |
|
|
|
Born in Sesto Fiorentino |
on 18/08/1948 |
- Fiscal Code : LNEDRN48M18I684P |
|
|
|
Residence : |
Via |
Traversa Pistoiese |
, 8/A |
- 59100 |
Prato |
(PO) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
Protests checking on the subject firm has given a negative result.
Search performed on a National Scale
|
|
|
Prejudicial Events Search Result: NEGATIVE |
Search performed on a specialized data base.
None reported, standing to the latest received edition of the Official
Publications.
Subject is active since 1978
The analysis is based on the latest 3 balance sheets.
Unstable economic results mark the company's financial state of affairs.
with a profit (r.o.e. 0,41%) in the last financial year In the last financial
year an increase in the turnover has been registered (+38,43%).
The return on Investment in the last financial year was positive (2,49%)
and in line with the sector's average.
The amount of the operating result for the year 2010 is of Eur. 329.850
on stable levels if compared to the previous year.
During the latest financial year the gross operating margin amounted to
Eur. 451.909 with no sensible increase as against 2009.
The financial status of the company is fairly balanced with an
indebtedness level of 1,39 yet on the increase as against the previous
accounting period.
The equity capital is equal to Eur. 4.052.454 , unchanged as opposed to
the preceding year.
During the last financial year debts totalled Eur. 8.683.111 (Eur.
2.702.278 of which were m/l term debts) , rising as opposed to the previous
year (+20,13%).
Available funds are good.
The financial management generated a cash flow of Eur. 138.860.
Labour cost amounts to Eur. 516.520, with a 5,35% incidence on
production costs. and a 5,6% incidence on sales volumes.
Finacial chareges are high: the incidence on sales volume amounts to
-2,76%
|
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
9.220.434 |
|
Profit (Loss) for the period |
16.801 |
|
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
6.660.311 |
|
Profit (Loss) for the period |
9.095 |
|
|
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
5.532.769 |
|
Profit (Loss) for the period |
-32.980 |
|
|
|
Complete balance-sheet for the year |
31/12/2007 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
3.988.873 |
|
Profit (Loss) for the period |
-55.481 |
|
|
|
Complete balance-sheet for the year |
31/12/2006 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
6.542.939 |
|
Profit (Loss) for the period |
-50.358 |
From our constant monitoring of the relevant Public Administration
offices, no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: Eur - Amounts x
1 |
|
- Balance Sheet as at 31/12/2009 - 12 Mesi - Currency: Eur - Amounts x
1 |
|
- Balance Sheet as at 31/12/2008 - 12 Mesi - Currency: Eur - Amounts x
1 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
RATIOS |
Value Type |
as at 31/12/2010 |
as at 31/12/2009 |
as at 31/12/2008 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,32 |
0,37 |
0,39 |
0,27 |
|
Elasticity Ratio |
Units |
0,63 |
0,55 |
0,54 |
0,71 |
|
Availability of stock |
Units |
0,22 |
0,21 |
0,22 |
0,20 |
|
Total Liquidity Ratio |
Units |
0,41 |
0,34 |
0,32 |
0,45 |
|
Quick Ratio |
Units |
0,04 |
0,04 |
0,06 |
0,01 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
1,39 |
1,06 |
0,86 |
2,05 |
|
Self Financing Ratio |
Units |
0,31 |
0,34 |
0,35 |
0,26 |
|
Capital protection Ratio |
Units |
0,97 |
0,97 |
0,95 |
0,77 |
|
Liabilities consolidation quotient |
Units |
0,50 |
0,65 |
0,74 |
0,17 |
|
Financing |
Units |
2,14 |
1,79 |
1,68 |
2,43 |
|
Permanent Indebtedness Ratio |
Units |
0,53 |
0,59 |
0,61 |
0,41 |
|
M/L term Debts Ratio |
Units |
0,23 |
0,25 |
0,26 |
0,08 |
|
Net Financial Indebtedness Ratio |
Units |
n.c. |
n.c. |
n.c. |
0,78 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
1,64 |
1,60 |
1,58 |
1,63 |
|
Current ratio |
Units |
1,40 |
1,43 |
1,53 |
1,27 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,91 |
0,88 |
0,90 |
0,86 |
|
Structure's primary quotient |
Units |
0,94 |
0,93 |
0,91 |
1,07 |
|
Treasury's primary quotient |
Units |
0,09 |
0,10 |
0,19 |
0,02 |
|
Rate of indebtedness ( Leverage ) |
% |
327,49 |
292,12 |
281,07 |
370,05 |
|
Current Capital ( net ) |
Value |
2.372.550 |
1.964.629 |
2.161.789 |
571.296 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
1,51 |
1,04 |
0,02 |
1,30 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
0,41 |
0,23 |
- 0,81 |
- 0,89 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
2,10 |
2,76 |
1,27 |
2,00 |
|
Return on Investment ( R.O.I. ) |
% |
2,49 |
2,85 |
2,13 |
1,87 |
|
Return/ Sales |
% |
3,58 |
5,04 |
4,35 |
1,81 |
|
Extra Management revenues/charges incid. |
% |
5,09 |
2,71 |
- 13,67 |
4,33 |
|
Cash Flow |
Value |
138.860 |
69.189 |
1.289 |
44.316 |
|
Operating Profit |
Value |
329.850 |
335.864 |
241.125 |
59.860 |
|
Gross Operating Margin |
Value |
451.909 |
400.958 |
275.469 |
144.929 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
n.c. |
n.c. |
n.c. |
114,91 |
|
Debts to suppliers average term |
Days |
n.c. |
n.c. |
430,00 |
108,86 |
|
Average stock waiting period |
Days |
114,37 |
135,97 |
165,16 |
76,19 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,69 |
0,56 |
0,48 |
1,01 |
|
Rate of stock return |
Units |
3,15 |
2,65 |
2,17 |
4,72 |
|
Labour cost incidence |
% |
5,60 |
5,72 |
7,75 |
15,97 |
|
Net financial revenues/ charges incidence |
% |
- 2,76 |
- 3,92 |
- 3,60 |
- 2,33 |
|
Labour cost on purchasing expenses |
% |
5,35 |
5,47 |
7,49 |
16,13 |
|
Short-term financing charges |
% |
3,06 |
3,84 |
2,94 |
3,86 |
|
Capital on hand |
% |
143,93 |
177,01 |
204,55 |
98,78 |
|
Sales pro employee |
Value |
576.277 |
605.482 |
425.597 |
196.263 |
|
Labour cost pro employee |
Value |
32.282 |
34.638 |
33.013 |
32.990 |
|
Population living in the province |
: |
238.826 |
|
Population living in the region |
: |
3.598.269 |
|
Number of families in the region |
: |
1.474.681 |
Monthly family expences average in the region (in Eur.) :
|
- per food products |
: |
444 |
|
- per non food products |
: |
2.009 |
|
- per energy consume |
: |
122 |
The values are calculated on a base of 246 significant companies.
The companies cash their credits on an average of 114 dd.
The average duration of suppliers debts is about 108 dd.
The sector's profitability is on an average of 1,30%.
The labour cost affects the turnover in the measure of 15,97%.
Goods are held in stock in a range of 76 dd.
The difference between the sales volume and the resources used to
realize it is about 1,01.
The employees costs represent the 16,13% of the production costs.
The area is statistically considered moderately risky.
In the region 24.960 protested subjects are found; in the province they
count to 2.055.
The insolvency index for the region is 0,70, , while for the province it
is 0,88.
Total Bankrupt companies in the province : 3.109.
Total Bankrupt companies in the region : 20.423.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.92 |
|
|
1 |
Rs.86.03 |
|
Euro |
1 |
Rs.69.13 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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 SCs 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.