|
Report Date : |
12.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
EHD COMPONENTS 2005 (PTY)LTD |
|
|
|
|
Registered Office : |
Cnr |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
08.06.2005 |
|
|
|
|
Com. Reg. No.: |
M2005/019759/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Supplier’s for all parts of Vehicles |
|
|
|
|
No. of Employees : |
Not Available |
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 : |
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
South Africa |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Subject Name |
EHD
COMPONENTS 2005 (PTY)LTD |
|
Country |
SOUTH
AFRICA |
|
Enquiry Terms |
D/A |
|
Account Review |
|
|
Subject Contact person |
Mr HENDRIK VAN AS-DIRECTOR (011870 5000) |
|
Assessment |
On investigation we made contact with the subject and we were referred to the Directors assistant Mrs VANESSA. Mrs. VANESSA has requested the questionnaire to be sent to herWe have followed up on the questionnaire and she has requested more time to complete the questionnaire. We still Await the questionnaire. Please see available information on the subject below |
|
Registered Name |
EHD COMPONENTS 2005 (PTY)LTD |
|
Trading as/ Division Name |
EHD |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
M2005/019759/07 |
|
Registration Date |
2005/06/08 |
|
Date Commenced Trading |
2005/06/08 |
|
Age of Business |
6 Years 11 Months |
|
History of Business |
Started as a new business in 2005 |
|
History of Principals |
6 |
|
Shareholders and % holding |
Unavailable |
|
Authorised Share Capital |
1000 |
|
Issued Share Capital |
300 |
|
Status |
In Business |
|
Operations Assessment |
Supplier’s for all parts of Vehicles ·
Verticle shaft petrol engines ·
Horizontal shaft petrol engine ·
Twin cylinder petrol engine ·
General use engines ·
Diesel and petrol trash pumps ·
Compressors |
|
Industry/ Customers |
Major vehicle Manufactures, Spare shops. |
|
Export |
Unavailable |
|
Major Industry Code / SICC |
63319 |
|
Definition of Code |
Sale of other new parts and accessories |
|
Head Office Physical Address |
Cnr Marshall & Hubert Street Marshaltown Johannesburg |
|
Head Office Postal Address |
Box 6541 Johannesburg 2000 |
|
Current Tel Number |
011 870 5000 |
|
Cell number |
Unavailable |
|
Current Fax Number |
011 836 0474 |
|
Current Email Address |
|
|
Web Site Address |
|
Company Registered Name |
COHEN HILL FUNK & CO |
|
Trading Name |
Unavailable |
|
Registration Number |
Unavailable |
|
Physical Address |
Unavailable |
|
Postal Address |
PO Box 64089 HIGHLANDS NORTH 2037 |
|
Contact Person |
Unavailable |
|
Contact Number |
Unavailable |
|
Email |
Unavailable |
|
Principals |
Unavailable |
|
Judgements Against Subject |
Unavailable |
|
Judgements Against Principals |
Unavailable |
|
Subject Verified as Client |
Unavailable |
|
SAICA number |
820142 |
|
VAT Number |
Unavailable |
|
Tax Number |
Unavailable |
|
BEE Status |
Unavailable |
|
Financial Year End |
Unavailable |
|
Years With Auditors |
Unavailable |
|
Website |
Unavailable |
Previous Auditors
|
Company Name |
Phone Number |
Time with previous auditors |
|
H V N AND
COMPANY |
Unavailable |
Unavailable |
|
Vat Number |
4790223137 |
|
Status |
Active |
|
Vat Liable Date |
2005/09/30 |
|
Tax Number |
9014040183 |
|
Tax Clearance Expire Date |
Unavailble |
|
Financial Year End |
June |
|
Status |
Unavailable |
|
Score |
|
|
Expire Date |
|
|
BEE Certificate Available |
|
|
Type of ISO Grade |
Unavailable |
|
ISO Certificate |
|
|
ISO Certificate Available |
|
|
Certified by an Accredited Agent |
|
|
Registered |
Unavailable |
|
Compliance Certified |
|
Subsidiaries
|
Subsidiary Company |
Unavailable |
|
Shareholding |
|
|
Registration Number |
|
|
Import / Export |
|
|
Number of
Employees |
Unavailable |
|
1. Salaried
employees |
|
|
2. Waged
employees |
|
|
3. Permanent
employees |
|
|
4. Casual
employees |
|
|
5. Contracted
employees |
|
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
|
Fleet Operations |
Unavailable |
|
|
|
|
The Fleet is made up of |
|
|||
|
1. Cars |
|
|
|
|
|
2. Light
Delivery Vehicles |
|
|
|
|
|
3. Trailers |
|
|
|
|
|
4. Busses |
|
|
|
|
|
5. Trucks |
|
|
|
|
|
6. Fork
Lifts |
|
|
|
|
|
7. Other |
|
|
|
|
|
Offices |
Unavailable |
Head Office Owned/ Rented |
|
|
Rental Company |
|
|
Owned by |
|
|
Value |
|
|
Bond |
|
|
Bank |
|
|
Lease Agreement |
|
|
Lease Expire Date |
|
|
Type of Premises |
|
Branches Names |
Country |
Province |
|
Unavailable |
|
|
Branches Owned/ Rented |
Unavailable |
|
Rental Company |
|
|
Owned |
|
|
Value |
|
|
Bank |
|
|
Bond |
|
|
Lease Agreement |
|
|
Lease Expire Date |
|
|
Type of Premises |
|
Organisation chart
|
Level |
Position |
Name |
|
Unavailable |
|
|
Company Structure (Ownership)
Note: One level up and
all levels down
|
Holding |
Company |
Sub |
|
Unavailable |
|
|
Key
deals signed within the past 12 months.
|
Company |
Value |
Contact |
|
Unavailable |
|
|
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
|
1 |
Unavailable |
|
|
|
|
2 |
|
|
|
|
|
3 |
|
|
|
|
Trade References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
Unavailable |
|
|
|
|
|
|
Judgements
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil Court |
None |
|
RDs |
None |
Business Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
|
None |
|
|
|
Default Listings
|
Date |
Details |
|
None |
|
Notarial Bonds
|
Date |
Details |
|
None |
|
|
Bank |
Unavailable |
|
Branch |
|
|
Bank Account Number |
|
|
Type of Account |
|
|
Account Name |
|
|
Overdraft Facilities |
Yes/No |
|
Date Opened |
|
|
Bank Code |
|
|
Bank Comment |
|
Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
Years with bank |
|
|
|
|
|
|
|
|
|
Previous Bank Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
|
|
|
|
|
|
Property Interestsfor Company
|
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 |
|
Financial Estimates
|
CURRENT ASSETS |
Unavailable |
|
Stock |
|
|
Debtors |
|
|
FIXED ASSETS |
|
|
Plant, Equipment, Vehicles |
|
|
Property |
|
|
CURRENT LIABILITIES |
|
|
Creditors |
|
|
Loans/ From? |
|
|
LONG TERM LIABILITIES |
|
|
Morgage Bonds |
|
|
Previous Year Turnover |
|
|
Estimated Current Year Turnover |
|
|
Current Turnover per month |
|
|
Current Turnover per annum |
|
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 |
6 |
|
Average Age of Active Principals |
41 |
Active Principals
Principal 1 of 6: LISA SHER
|
Surname |
SHER |
|
First Name |
LISA |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
7506110053088 |
|
Verified ID Number |
Yes |
|
Current Age |
37 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2009/11/05 |
|
Physical Address (at time of Appointment) |
10 Humewood Links Riverclub SANDTON 2146 |
|
Postal Address |
PO Box 10909 Johannesburg 2000 |
|
Current Tel Number |
0114489600 |
|
Cell number |
0824611921 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
Unavailable |
Adverse Information for :LISA SHER
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for:LISA SHER
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
LIMOSA
INVESTMENTS 259( PTY0LTD |
2002/017879/07 |
Deregistartion
Process |
9 Years 10
Months |
0 |
No |
|
EAGLE CREEK
INVESTMENTS 583 (PTY)LTD |
2006/011817/07 |
In Business |
6 Years 1 Months |
0 |
No |
|
EAGLE CREEK
INVESTMENTS 587 (PTY)LTD |
2006/011819/07 |
In Business |
6 Years 1 Months |
0 |
No |
|
NEXUS RESOURCING
(PTY)LTD |
2006/025228/07 |
In Business |
5 Years 9 Months |
0 |
No |
|
EHD COMPOMENTS
2005 (PTY)LTD |
M2005/019759/07 |
In Business |
6 Years 11
Months |
0 |
No |
Previous
Business Interests
|
Average Age of
Previous Business Interests |
7 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SCHINDLERS NEPAL
INC |
2002/024907/21 |
Deregistration
Final |
9 Years 7 months |
0 |
No |
|
EYETRACK
(PTY)LTD |
M2002/003656/07 |
In Business |
10 Years 3
Months |
0 |
No |
|
HUNTER MICHAEL
RECRUITMENT (PTY)LTD |
M2009/015334/07 |
In Business |
2 Years 9 Months |
0 |
No |
Deeds
Information
Property
Interestsfor :LISA SHER
|
Title Deed No. |
ST94779/2004 |
Erf/Site No. |
3188,0 |
|
Deeds Office |
PRETORIA |
Physical Address |
17
BantryBryanstonSandton |
|
Property Type |
Sectional Title/Unit |
Extent / Size |
98.0SQM |
|
Purchase Date |
2003/06/06 |
Purchase price |
R 585 000 |
|
% Ownership |
0 |
Bond Holder |
Standard Bank of
South Africa |
|
Bond Number |
SB803352004 |
Bond Amount |
R 575 000 |
Principal 2 of 6:KERRY ANN SHER
|
Surname |
SHER |
|
First Name |
KERRY |
|
Other Names |
ANN |
|
Marital Status |
Unavailable |
|
ID Number |
7302280226088 |
|
Verified ID Number |
Yes |
|
Current Age |
39 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2009/08/01 |
|
Physical Address (at time of Appointment) |
19 A First Avenue ENDENBURG 2191 |
|
Postal Address |
PO Box 158 Gallo Manor 2052 |
|
Current Tel Number |
Unavailable |
|
Cell number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
Unavailable |
Adverse Information for :KERRY ANN SHER
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for :KERRY ANN SHER
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SEVEN BRIDGES
TRADING 40 (PTY)LTD |
2003/030021/07 |
In Business |
8 Years 6 Months |
0 |
No |
|
EDH COMPONENTS
2005 (PTY)LTD |
M2005/019759/07 |
In Business |
6 Years 11
Months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
9 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SNOWY OWL
PROPERTIES 274 (PTY)LTD |
2003/044505/07 |
Deregistration
Final |
9 Years 3 Months |
0 |
No |
Deeds Information
Property Interestsfor :KERRY ANN SHER
|
Title Deed No. |
ST11315/2001 |
Erf/Site No. |
868 |
|
Deeds Office |
PRETORIA |
Physical Address |
WoodmeadSandton |
|
Property Type |
Sectional Title/Unit |
Extent / Size |
84.0SQM |
|
Purchase Date |
2000/11/14 |
Purchase price |
R 272 000 |
|
% Ownership |
0 |
Bond Holder |
ABSA BANK LTD |
|
Bond Number |
SB54712001 |
Bond Amount |
R 51 400 |
|
Title Deed No. |
|
Erf/Site No. |
5 |
|
Deeds Office |
PRETORIA |
Physical Address |
24 BENMORE
MORNINGSIDE SANDTON |
|
Property Type |
Sectional Title/Unit |
Extent / Size |
62.0SQM |
|
Purchase Date |
2001/07/13 |
Purchase price |
R 220 000 |
|
% Ownership |
0 |
Bond Holder |
ABSA BANK LTD |
|
Bond Number |
SB772012001 |
Bond Amount |
R 200 000 |
Principal 3 of 6: HENDRIK MARTHINUS JNR VAN AS
|
Surname |
VAN AS |
|
First Name |
HENDRIK MARTHINUS |
|
Other Names |
JNR |
|
Marital Status |
Unavailable |
|
ID Number |
8004095167080 |
|
Verified ID Number |
Yes |
|
Current Age |
32 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2009/08/01 |
|
Physical Address (at time of Appointment) |
66 Amaryllis Avenue Roodekrans Roodepoort 1725 |
|
Postal Address |
PO Box 6541 JOHANNESBURG 2000 |
|
Current Tel Number |
Unavailable |
|
Cell number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
Unavailable |
Adverse Information for :HENDRIK MARTHINUS JNR VAN AS
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for :HENDRIK MARTHINUS JNR VAN AS
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
FREIDSHELF 1184
(PTY)LTD |
2010/005399/07 |
In Business |
2 Years 2 Months |
0 |
No |
|
EHD COMPONENTS
2005 (PTY)LTD |
M2005/019759/07 |
In Business |
6 Years 11
Months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Deeds Information
Property Interestsfor :HENDRIK MARTHINUS JNR VAN AS
|
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 |
|
Principal 4 of 6: LODEWYK VAN AS
|
Surname |
VAN AS |
|
First Name |
LODEWYK |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
8212215049084 |
|
Verified ID Number |
Yes |
|
Current Age |
30 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2009/08/01 |
|
Physical Address (at time of Appointment) |
30 Korhaan Avenue Horizon View Ext 1 Roodepoort 1724 |
|
Postal Address |
PO Box 6541 Johannesburg 2000 |
|
Current Tel Number |
0118705003 |
|
Cell number |
0825751159 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
Unavailable |
Adverse Information for :LODEWYK VAN AS
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for :LODEWYK VAN AS
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
FRIEDSHELF 1184
(PTY)LTD |
2010/005399/07 |
In Business |
2 Years 2 Months |
0 |
No |
|
EHD COMPONENTS
2005 (PTY)LTD |
M2005/019759/07 |
In Business |
6 Years 11
Months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Deeds Information
Property Interestsfor :LODEWYK VAN AS
|
Title Deed No. |
ST14264/2011 |
Erf/Site No. |
555,0 |
|
Deeds Office |
JOHANNESBURG |
Physical Address |
WILLOWBROOK
ROODEPOORT |
|
Property Type |
Section Title/ Unit |
Extent / Size |
135.0SQM |
|
Purchase Date |
2011/01/26 |
Purchase price |
R 899 000 |
|
% Ownership |
0 |
Bond Holder |
STANDARD BANK OF
SOUTH AFRICA |
|
Bond Number |
SB112582011 |
Bond Amount |
R 845 100 |
Principal 5 of 6: EDIYH VAN AS
|
Surname |
VAN AS |
|
First Name |
EDITH |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
5609180031083 |
|
Verified ID Number |
Yes |
|
Current Age |
56 |
|
Designation |
Unavailable |
|
Status |
Active |
|
Appointment Date |
2009/08/01 |
|
Physical Address (at time of Appointment) |
30 Korhaan Avenue Horizon View Ext1 Roodepoort 1724 |
|
Postal Address |
PO Box 6541 Johannesburg 2000 |
|
Current Tel Number |
0117606126 |
|
Cell number |
0829291272 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
None |
Adverse Information for :EDIYH VAN AS
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for :EDIYH VAN AS
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|||
|
EHD COMPONENTS 2005 (PTY)LTD |
M2005/019759/07 |
In Business |
6 Years 11 Months |
0 |
No |
|||
|
FRIEDSHELF 1184 (PTY)LTD |
2010/005399/07 |
In Business |
2 Years 2 Months |
0 |
No |
|||
Previous Business Interests
|
Average Age of
Previous Business Interests |
18 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
UNITECH
MARKETING (PTY)LTD |
1993/005948/07 |
Deregistration
Final |
18 Years 7
Months |
0 |
No |
Deeds Information
Property Interestsfor :EDIYH VAN AS
|
Title Deed No. |
ST55009/2005 |
Erf/Site No. |
1296 |
|
Deeds Office |
JOHANNESBURG |
Physical Address |
4 HERON HORISON
ROODEPOORT |
|
Property Type |
Sectional Title/Unit |
Extent / Size |
121.0SQM |
|
Purchase Date |
2005/04/21 |
Purchase price |
R305 000 |
|
% Ownership |
0 |
Bond Holder |
ABSA BANK LTD |
|
Bond Number |
SB742362005 |
Bond Amount |
R 300 000 |
Principal 6 of 6: HENDRIK VAN AS
|
Surname |
VAN AS |
|
First Name |
HENDRIK |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
5609285028000 |
|
Verified ID Number |
Yes |
|
Current Age |
5 Years 9 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2006/08/01 |
|
Physical Address (at time of Appointment) |
30 Korhaan Avenue Horizon View Ext 1 Roodepoort 1724 |
|
Postal Address |
Po Box 6541 Johanessburg 2001 |
|
Current Tel Number |
0117602616 |
|
Cell number |
0824542828 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
Unavailable |
Adverse Information for :HENDRIK VAN AS
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for :HENDRIK VAN AS
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
STAND 571
YOEVILLE CC |
1997/025330/23 |
In Business |
15 Years |
0 |
No |
|
FRIEDSHELF 1184
(PTY)LTD |
2010/005399/07 |
In Business |
2 Years 2 Months |
0 |
No |
|
EHD COMPONENTS
2005 (PTY)LTD |
M2005/019759/07 |
In Business |
6 Years 11
Months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
41 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
CLEARSKY
INTERNATIONAL (PTY)LTD |
1990/002408/07 |
Dissolved |
22 Years |
0 |
No |
|
CYRILSTOCH
INVESTMENTS (PTY) TD |
M1992/004147/07 |
In Business |
19 Years10
Months |
0 |
No |
Deeds Information
Property Interestsfor :HENDRIK VAN AS
|
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.53.64 |
|
UK Pound |
1 |
Rs.86.42 |
|
Euro |
1 |
Rs.69.29 |
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.