MIRA INFORM REPORT
|
Report Date : |
31.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
IRISA GROUP LIMITED |
|
|
|
|
Formerly Known As : |
ATHENA APPAREL BIDCO LIMITED. |
|
|
|
|
Registered Office : |
500 Capability Green, Luton, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
23.09.2011 |
|
|
|
|
Com. Reg. No.: |
07785641 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Online sale of ladies clothing and footwear |
|
|
|
|
No. of Employees
: |
2,700 |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
---- |
NB |
New Business |
---- |
|
Status : |
New Company |
|
Payment
Behaviour : |
Unknown |
|
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) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company Identification Details
XSeption Details
The subject appointed a director on 2011-10-05 who was associated with 1 company/companies that recently experienced insolvency action.
Official Company Data
Operations
Historical Rating
Previous Searches
Public Record Information
Summary of
CCJ's/Scottish Decrees
Summary of Mortgages, Charges and
Satisfactions
Details of most recent Mortgages, Charges
and Satisfactions
Other Filings and Notices
Directors
Share Capital
The above
reflects the principle shareholder(s) by number of shares held, irrespective
of share classification type.
General Information
09/12/2011 Director Jane McNally was a director of 00431265 Alexon Group PLC. 09/12/2011
Credit rating
under review. 01/11/2011
On 29/10/2011
the subject acquired the business and assets of ALEXON GROUP PLC (00431265),
a company in Aministration. The subject now trade as ALEXON. 2700 members of
Alexon staff now work for the subject.
Financial Data– Statutory Accounts
Key Industry Sector Trends
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.15 |
|
|
1 |
Rs.81.80 |
|
Euro |
1 |
Rs.68.34 |
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.