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Report Date : |
07.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
LAKSHAN ENTERPRISES |
|
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Registered Office : |
# 103/22, Paramanadha Vihara Mawatha, |
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Country : |
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Date of Incorporation : |
Not Available |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Proprietorship Concern |
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Line of Business : |
subject
concern had been importing and sale of
food items |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
Shop is now closed |
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Payment Behaviour : |
--- |
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Litigation : |
--- |
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) |
|
|
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
|
Name of Subject of Inquiry |
: |
LAKSHAN ENTERPRISES |
|
Legal
Form & Status |
: |
Proprietorship Concern (Not In operation) |
|
Proprietor |
: |
Gajendran
|
|
Primary Line of Business |
: |
The primary line of
business of the subject concern had been importing and
sale of food items, but at present the shop is closed |
|
Place of Business |
: |
# 103/22, Paramanadha Vihara Mawatha, Tel. No: (00 94 11) Not Disclosed Fax No: (00 94 11) Not disclosed |
|
No. of Employees |
: |
Not Disclosed |
- Registration and
Shareholder Details
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Registration No |
: |
-Not Disclosed- |
|||
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Date of Registration |
: |
-Not Disclosed- |
|||
|
Registered Office |
: |
# 103/22, Paramanadha Vihara
Mawatha, |
|||
|
Proprietor |
: |
Gajendran |
|||
|
Auditors |
: |
-Not Disclosed- |
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||
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Bankers |
: |
Not Disclosed |
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||
·
History.
The Subject
Concern LAKSHAN ENTERPRISES is
Proprietorship Concern
The Subject
Concern LAKSHAN ENTERPRISES is a proprietorship concern
and the
Shop at the
client given address # 103/22, Paramanadha Vihara Mawatha,
Proprietor Mr. Gajendran said is at present closed for Business.
The Proprietorship/Partnership companies
are being registered at the Provincial Registrar
Of Companies and when the
owners refuse to provide such details, it is not possible to
Obtain such details from the
registry.
·
Location.
The Subject
Concern is located at the client given
address # # 103/22, Paramanadha Vihara Mawatha,
·
Operations
Details.
General
The subject concern ’s
primary line of business had been importing and distribution of food items. The shop is now closed
Products
Dhal, Sugar, Onion, Potato,
Canned fish…etc
Importing Countries
Employees
Not
applicable as the shop is now closed
·
Financial Data
The
Concern has declined to provide
information on its Finances.
Based on the corporate laws of
Limited Liability/ partnerships /
proprietorships are not required to make public disclosure of
Their annual Financials.
Therefore no financials are available for this entity
·
Trade references
The subject
concern declined trade reference
·
Credit
Recommendations
Since no financial
information has been forthcoming from the company, it is not possible to
comment on the merits or otherwise of the company.
No computerised data bases exist to make
checks whether the partners or the company has any legal action or lawsuit
initiated against any of them but informal (but not in-depth) checks do not
indicate any such cases in the public knowledge.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.50 |
|
|
1 |
Rs.85.58 |
|
Euro |
1 |
Rs.69.30 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.