MIRA INFORM REPORT

 

 

Report Date :           

01.03.2012

 

IDENTIFICATION DETAILS

 

Correct Name :

STONEWORKS GRANITE & MARBLE DEL CARIBE INC.

 

 

Registered Office :

Carretera N° 1 Km. 27,5, Rio Canas Industrial Park, Caguas

 

 

Country :

Puerto Rico

 

 

Year of Establishment :

1998

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Marble and granite

 

 

No. of Employees :

06

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

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 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Puerto Rico

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Registered Name

 

STONEWORKS GRANITE & MARBLE DEL CARIBE INC.

 

 

Summary

 

INCORPORATED  IN  1998,   BEGINNER OF ACTIVITIES  - CLOSED ITS REFUSAL TO PROVIDE INFORMATION RESPONSIBLE,   WHICH SET FORTH IN THIS REVIEW IS A PRODUCT OF STEPS TO TAKE PLACE THROUGH THIRD PARTY WILL NOT BE RECORDED HISTORY NEGATIVE IN CREDIT IS IT RIGHT TO ACT WITH MODERATION AND GUARDS.

 

 

Operations

 

MARBLE AND GRANITE

 

 

 

Legal structure

 

Business Type              : Limited Company

Incorporated                : 1998

Duration                       : Unlimited        

End of fiscal yr             : 31/12

 

 

Contact

 

Miss Ghayna Muskus

 

Head quarters :           1104 Calle Almendro, Carolina, PR 00987, Puerto Rico

Operative address       : Carretera N° 1 Km. 27,5, Rio Canas Industrial Park, Caguas, Puerto Rico.

Phone                           :   (1-787) 7446035

 

 

Partners

 

President          : ANTONIO MUSKUS

Secretary          : SONIA RODRIGUEZ LOPEZ

Manager            : Ghayna Muskus

 

Use of signature: President.

 


History

 

It is noteworthy that those responsible for the company declined to provide information in strict form and what is presented in this review is the result of efforts made through third parties

 

Shows that our reported is the initiator of the activities to date,   and is governed by legal clauses above.

 

Not related to board members in the development of other commercial activities.



Economic-Financial Position

 

It was not possible the collection of accounting data that establish the structure in concrete economic / financial resources that rotates and who turn to exploitation.

 

Consult local media that explicitly admit that unfolds in a reasonable level of economic importance,  with the collection of compensation benefits within a controlled level of finance.

 

There are no known adverse alternatives in the development of his efforts and assigned stable outlook.

 

 

Assets

 

The firm owns no real estate.  Its operational headquarters is rented.

 

Commercial References Consulted

 

PAB INDIAN (India)

 

 

Evolution and Results

 

This society is dedicated to the development of the steps above, with appropriate operational structure in which,  under the direction of its primary responsibility will play 6 employees.

 

Has the conformation of a good portfolio of customers within its area of influence.

 

As indicated above the actions of the company remains within normal carrilnes and assigned stable outlook.

 

*  6 EMPLOYEES

 

 

Payment Record and Credit Risk

 

FIRST BANK

Branch Caguas

 

BANCO POPULAR DE PUERTO RICO

Branch Caguas

 

INSURANCE:

MAPFRE  INC.

 

 

Concept

 

Nothing comes to mind that may affect our business concept of informed and determined through investigations that have been made,  which is maintaining a proper business conduct in the care of general obligations assumed. * NO RECORD NEGATIVE.

 

 

Final Opinion

 

The statement is all that can inform the company that owns and is considered possible treatment with the same credit,  while acting within moderate amounts copper which can exercise proper control guarantees that provide adequate coverage to the operation.

 

*  SUITABLE FOR CREDITS GUARANTEES TO MODERATE. JMC


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.48.94

UK Pound

1

Rs.77.95

Euro

1

Rs.65.94

 

 

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.