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Report Date : |
24.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
MARBLE CLASSIC EXCLUSIVE WAREHOUSE FOR NATURAL STONES CAPE (PTY) LTD |
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Formerly Known As : |
MARBLE CLASSIC (CAPE ) (PTY) LTD |
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Registered Office : |
8 Ludel Avenue Ludel Park Montague Gardens Cape Town |
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Country : |
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Date of Incorporation : |
31.01.2005 |
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Com. Reg. No.: |
2005/002751/07 |
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Legal Form : |
Private Company |
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Line of Business : |
Wholeslers of natural stone. |
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No. of Employees : |
12 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
South Africa |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
|
Subject Name |
MARBLE
CLASSIC EXCLUSIVE WAREHOUSE FOR NATURAL STONES CAPE (PTY) LTD |
|
Country |
SOUTH
AFRICA |
|
Requested Credit Limit |
US$1500
000 |
|
Enquiry Terms |
D/A |
|
Account Review |
EVERY
6 MONTHS |
|
Subject Contact person |
JUNE-
MR FRANCO D’AGNOLO WAS UNAVAILABLE |
|
Assessment |
Total
Credit Limit Exposure: R1 600 000 The
address of: 28 7th Avenue, EDENVALE, 1609 and P O Box 2328, ALBERTON, 1449
Tel 0114546037 belongs to the subject’s auditors. This
is an established company that imports most of its supplies. Commitments
with local suppliers are being met within terms. No
bankcode was available as the account details ere declined. Your
figure is considered as too high |
|
Registered Name |
MARBLE CLASSIC EXCLUSIVE WAREHOUSE FOR NATURAL STONES CAPE (PTY) LTD |
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Trading as/ Division Name |
None |
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Previous Name |
MARBLE CLASSIC (CAPE ) (PTY) LTD |
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Date of Name Change |
2007-05-29 |
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Registration Number |
2005/002751/07 |
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Registration Date |
2005-01-31 |
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Date Commenced Trading |
1989 |
|
Age of Business |
7 years 2 months |
|
History of Business |
The subject was originally a CC from 1989 then converted to a PTY LTD
company in 2005. |
|
History of Principals |
MR F DE’AGNOLO has shareholding in a number of other companies
throughout South Africa. |
|
Shareholders and % holding |
100% F DE’AGNOLO |
|
Authorised Share Capital |
Nominal |
|
Issued Share Capital |
Nominal |
|
Status |
In Business |
|
Operations Assessment |
Wholeslers of natural stone. |
|
Industry/ Customers |
Manufacturers of building products-
bricks, tiles etc |
|
Export |
Namibia |
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Major Industry Code / SICC |
61490 |
|
Definition of Code |
Wholesale trade in intermediate products |
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Head Office Physical Address |
8 Ludel Avenue Ludel Park MONTAGUE GARDENS Cape Town |
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Head Office Postal Address |
P O Box 514 MAITLAND 7404 |
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Current Tel Number |
021 5528017/ 011 3926700 |
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Cell number |
N/A |
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Current Fax Number |
021 5551596 |
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Current Email Address |
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Web Site Address |
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Company Registered Name |
CILLIERS MARTIN AND ASSOCIATESINC |
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Trading Name |
C M AND ASSOCIATES |
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Registration Number |
2005/0219831/21 |
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Physical Address |
28 7th Avenue EDENVALE 1609 |
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Postal Address |
P O Box 2328 ALBERTON 1449 |
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Contact Person |
CHARMAINE |
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Contact Number |
Tel 011 4546037 |
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Principals |
1 |
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Subject Verified as Client |
Yes |
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SAICA number |
963836 |
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VAT Number |
4240225963 |
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Tax Number |
9942630147 |
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BEE Status |
Yes, Level 4 |
|
Financial Year End |
February |
|
Years With Auditors |
Since 2007 |
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Website |
None |
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Company Name |
Phone Number |
Time with previous auditors |
|
RM MARTIN AND
ASSOCIATES |
|
Unknown |
|
CJ VAN DER LOO |
|
Unknown |
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Vat Number |
4570187080 |
|
Status |
Active |
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Vat Liable Date |
2000-03-01 |
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Tax Number |
9299267840 |
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Tax Clearance Expire Date |
February and August |
|
Financial Year End |
February |
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Status |
Yes |
|
Score |
Level 6 |
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Expire Date |
March 2013 |
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BEE Certificate Available |
No, awaiting the new certificate |
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Type of ISO Grade |
The subject will only purchase overseas products if they are ISO
graded. |
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ISO Certificate |
|
|
ISO Certificate Available |
No |
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Certified by an Accredited Agent |
The suppliers obtain ISO grading, Yes |
|
Registered |
Yes |
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Compliance Certified |
Yes |
Subsidiaries
|
Subsidiary Company |
None, however MR DE AGNOLO has shares in
many other companies. The group is known as the MARBLE CLASSIC GROUP. |
|
Shareholding |
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Registration Number |
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Import / Export |
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Number of
Employees |
12 |
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1. Salaried
employees |
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2. Waged
employees |
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3. Permanent
employees |
12 |
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4. Casual
employees |
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5. Contracted
employees |
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Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
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Fleet Operations |
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The Fleet is made up of |
1 |
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1. Cars |
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2. Light
Delivery Vehicles |
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3. Trailers |
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4. Busses |
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5. Trucks |
1 |
Owned |
Unknown |
Nil |
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6. Fork
Lifts |
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7. Other |
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Offices |
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Head Office Owned/ Rented |
Rented |
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Rental Company |
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Branches Names |
Country |
Province |
|
None |
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Branches Owned/ Rented |
None |
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Rental Company |
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Level |
Position |
Name |
|
1 |
Managing Director |
F DE’ AGNOLO |
|
2 |
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|
Note: One level up and
all levels down
|
Holding |
Company |
Sub |
|
100% F DE’ AGNOLO |
MARBLE CLASSIC
EXCLUSIVE WAREHOUSE FOR NATURAL STONES CAPE (PTY) LTD |
None |
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Company |
Value |
Contact |
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None |
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The subject imports all of its products and deals locally with the
companies below
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Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
|
1 |
SALVINO DEL BENE |
011 4373000 |
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|
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2 |
SEATRAM |
011 4842888 |
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Trade References
Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
2002 |
R1 600 000 |
Unknown |
30 days |
R500 000- R
600 000 |
30 days |
Very Good |
|
2 |
10 years |
Open |
R100 000 |
30 days |
R50 000-
R150 000 |
30 days |
Good |
Judgements
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil Court |
None |
|
RDs |
None |
Business Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
|
None |
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Default Listings
|
Date |
Details |
|
None |
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Notarial Bonds
|
Date |
Details |
|
None |
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|
Bank |
FIRST NATIONAL BANK |
|
Branch |
Carlton Centre Johannesburg |
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Bank Account Number |
Declined |
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Type of Account |
Declined |
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Account Name |
MARBLE CLASSIC EXCLUSIVE WAREHOUSE FOR NATURAL STONES CAPE (PTY) LTD |
|
Overdraft Facilities |
Declined |
|
Date Opened |
Declined |
|
Bank Code |
Unavailable without a bank account number |
|
Bank Comment |
Unavailable |
Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
Years with bank |
|
None |
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Previous Bank
Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
None |
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Property Interestsfor Company
|
Title Deed No. |
None |
Erf/Site No. |
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|
Deeds Office |
|
Physical Address |
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Property Type |
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Extent / Size |
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|
Purchase Date |
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Purchase price |
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|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
Financial
Estimates
|
CURRENT ASSETS |
Declined |
|
Stock |
Declined |
|
Debtors |
Declined |
|
FIXED ASSETS |
Declined |
|
Plant, Equipment, Vehicles |
Declined |
|
Property |
Declined |
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CURRENT LIABILITIES |
Declined |
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Creditors |
Declined |
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Loans/ From? |
Declined |
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LONG TERM LIABILITIES |
Declined |
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Morgage Bonds |
Declined |
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Previous Year Turnover |
Declined |
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Estimated Current Year Turnover |
Declined |
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Current Turnover per month |
Declined |
|
Current Turnover per annum |
Declined |
Please note the
following:
|
Turnover and assets less than R 1,000,000.00 |
The subject falls within the National Credit Act |
|
Turnover and assets less than R 2,000,000.00 |
The subject falls within the Consumer Protection Act |
Principals
|
Number of Principals |
1 |
|
Average Age of Active Principals |
62 |
Active Principals
Principal 1 of 1: FRANCO D’AGNOLO
|
Surname |
D’AGNOLO |
|
First Name |
FRANCO |
|
Other Names |
None |
|
Marital Status |
Unknown |
|
ID Number |
5010245023100 |
|
Verified ID Number |
No |
|
Current Age |
62 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2005-01-31 |
|
Physical Address (at time of Appointment) |
77 Jellicoe Avenue MELROSE Johannesburg |
|
Postal Address |
P O Box 2328 ISANDO 1600 |
|
Current Tel Number |
011 3926700 011 4473100 |
|
Cell number |
0836012138 |
|
Current Fax Number |
|
|
Current Email Address |
Unknown |
|
Shareholding |
100% |
Adverse Information for FRANCO D’AGNOLO
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for FRANCO D’AGNOLO
Current
Business Interests
|
Company
Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MARBLE
CLASSIC EXCLUSIVE WAREHOUSE FOR NATURAL STONES (PTY) LTD |
1989/006784/07 |
In Business |
22 years 4
months |
0 |
No |
|
THE
MARBLE AND GRANITE TEAM CC |
1998/000747/23 |
In Business |
14 years 2
months |
0 |
No |
|
TEKNO
GRANITE S
A (PTY) LTD |
2002/015273/07 |
In Business |
9 years 9 months |
0 |
No |
|
MARBLE
CLASSIC (PTY) LTD |
2005/002750/07 |
In Business |
7 years 2 months |
0 |
No |
|
J
P J KLIPOPGRAWE (PTY) LTD |
2005/002752/07 |
In Business |
7 years 2 months |
0 |
No |
|
AFRICAN
SPIRIT TRADING 185 (PTY) LTD |
2006/007277/07 |
In Business |
6 years |
0 |
No |
|
ASH
BROOK INVESTMENTS 37 (PTY) LTD |
2007/003551/07 |
In Business |
5 years 1 month |
0 |
No |
|
GRANITI
TECHNICA TILE PLANT (PTY) LTD |
20007/006023/07 |
In Business |
5 years 1 month |
0 |
No |
|
MARBLE
CLASSIC EXCLUSIVE WAREHOUSE FOR NATURAL STONES PE (PTY) LTD |
2007/006144/07 |
In Business |
5 years 1 month |
0 |
No |
|
MARBLE
CLASSIC DOMESTIC (PTY) LTD |
2007/011851/07 |
In Business |
4 years 11
months |
0 |
No |
|
MARBLE
CLASSIC PROJECTS CAPE (PTY) LTD |
2007/012257/07 |
In Business |
4 years 11
months |
0 |
No |
|
GRANITI
TECHNICA (PTY) LTD |
2007/014705/07 |
In Business |
4 years 10
months |
0 |
No |
|
STONEBURG
GRANITE SA (PTY) LTD |
M2003/021554/07 |
In Business |
8 years 6 months |
0 |
No |
Previous
Business Interests
|
Average Age of
Previous Business Interests |
14 years |
|
Company
Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
RUDOLPH
AND VAN VUUREN CC |
1985/014663/23 |
In Business |
26 years 3
months |
0 |
No |
|
SISANE
TILING (PTY) LTD |
1987/070199/07 |
In Business |
24 years 9
months |
0 |
No |
|
RUDOLPH
AND VAN VUUREN (CAPE ) CC |
1996/025901/23 |
In Business |
15 years 9
months |
0 |
No |
|
D’AGNOLO
PROPERTY (PTY) LTD |
2005/021078/07 |
In Business |
6 years 9 months |
1 |
No |
|
LISTELLO
DESIGNS CC |
B2001/084887/23 |
In Business |
10 years 3
months |
0 |
No |
Property
Interestsfor FRANCO D’AGNOLO
|
Title Deed No. |
None |
Erf/Site No. |
|
|
Deeds Office |
|
Physical Address |
|
|
Property Type |
|
Extent / Size |
|
|
Purchase Date |
|
Purchase price |
|
|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.90 |
|
|
1 |
Rs.80.77 |
|
Euro |
1 |
Rs.67.40 |
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.