MIRA
INFORM REPORT
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Report Date : |
26.05.2012 |
IDENTIFICATION DETAILS
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Name : |
INTERASIA LTD. |
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Registered Office : |
Unit 5 |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
02.02.2007 |
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Com. Reg. No.: |
06079795 |
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Legal Form : |
Private Independent |
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Line of Business : |
Business Services |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 : |
Unknown |
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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 – March 31st, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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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 |
Company name and address
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Interasia Ltd. |
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Employees:
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NA |
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Company
Type: |
Private
Independent |
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Quoted
Status: |
Non-quoted
Company |
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Incorporation
Date: |
02-Feb-2007
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Auditor:
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R M
Darby |
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Fiscal
Year End: |
31-Dec-2010
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Reporting
Currency: |
British
Pound Sterling |
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Annual
Sales: |
NA |
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Total
Assets: |
1.2 |
Industry
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Industry |
Business
Services |
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ANZSIC
2006: |
6999
- Other Professional, Scientific and Technical Services Not Elsewhere
Classified |
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NACE
2002: |
7487
- Other business activities not elsewhere classified |
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NAICS
2002: |
5619
- Other Support Services |
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7487
- Other business activities not elsewhere classified |
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US
SIC 1987: |
7389
- Business Services, Not Elsewhere Classified |
Key Executives
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News |
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Financial Summary
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Registered No.(UK
06079795
1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6475734
2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6387123
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Industry
Codes
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Financial
Data
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Key Corporate Relationships
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Financials in: USD (mil) |
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Except for share items
(millions) and per share items (actual units) |
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31-Dec-2010 |
31-Dec-2009 |
31-Jan-2009 |
31-Jan-2008 |
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Period
Length |
52
Weeks |
48
Weeks |
52
Weeks |
52
Weeks |
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Filed
Currency |
GBP |
GBP |
GBP |
GBP |
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Exchange
Rate (Period Average) |
0.647573 |
0.641508 |
0.558389 |
0.499611 |
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Consolidated |
No |
No |
No |
No |
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Annual Balance Sheet
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Financials
in: USD (mil) |
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31-Dec-2010 |
31-Dec-2009 |
31-Jan-2009 |
31-Jan-2008 |
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Filed
Currency |
GBP |
GBP |
GBP |
GBP |
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Exchange
Rate |
0.638712 |
0.619253 |
0.717437 |
0.503018 |
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Consolidated |
No |
No |
No |
No |
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Land & Buildings |
0.0 |
0.0 |
0.0 |
0.0 |
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Fixtures & Fittings |
0.0 |
0.0 |
0.0 |
0.0 |
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Plant & Vehicles |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Tangible Fixed Assets |
0.0 |
0.0 |
0.0 |
0.0 |
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Intangible Assets |
0.0 |
0.0 |
0.0 |
0.0 |
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Investments |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Fixed Assets |
0.0 |
0.0 |
0.0 |
0.0 |
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Stocks |
0.0 |
0.0 |
0.0 |
0.0 |
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Work in Progress |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Stocks Work In Progress |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Debtors |
1.2 |
0.5 |
1.0 |
0.0 |
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Cash and Equivalents |
0.0 |
0.0 |
0.0 |
0.0 |
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Other Current Assets |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Current Assets |
1.2 |
0.5 |
1.0 |
0.1 |
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Total Assets |
1.2 |
0.5 |
1.0 |
0.1 |
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Other Current Liabilities |
1.0 |
0.3 |
0.9 |
0.0 |
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Total Current Liabilities |
1.0 |
0.3 |
0.9 |
0.0 |
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Group Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
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Director Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
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Hire Purchase (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
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Leasing (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Hire Purchase Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
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Other Long Term Loans |
0.0 |
0.0 |
0.0 |
0.0 |
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Accruals/Deferred Income (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
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Other Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
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Deferred Taxation |
0.0 |
0.0 |
0.0 |
0.0 |
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Other Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
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Issued Capital |
0.0 |
0.0 |
0.0 |
0.0 |
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Share Premium Accounts |
0.0 |
0.0 |
0.0 |
0.0 |
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Revaluation Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
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Retained Earnings |
0.2 |
0.2 |
0.1 |
0.0 |
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Other Reserves |
0.0 |
0.0 |
0.0 |
0.0 |
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Minority Interests (Balance Sheet) |
0.0 |
0.0 |
0.0 |
0.0 |
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Total Shareholders Funds |
0.2 |
0.2 |
0.1 |
0.0 |
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Net Worth |
0.2 |
0.2 |
0.1 |
0.0 |
Annual Cash Flows
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Financials
in: USD (mil) |
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31-Dec-2010 |
31-Dec-2009 |
31-Jan-2009 |
31-Jan-2008 |
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Period
Length |
52
Weeks |
48
Weeks |
52
Weeks |
52
Weeks |
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Filed
Currency |
GBP |
GBP |
GBP |
GBP |
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Exchange
Rate (Period Average) |
0.647573 |
0.641508 |
0.558389 |
0.499611 |
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Consolidated |
No |
No |
No |
No |
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Annual Ratios
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Financials
in: USD (mil) |
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31-Dec-2010 |
31-Dec-2009 |
31-Jan-2009 |
31-Jan-2008 |
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Period
Length |
52
Weeks |
48
Weeks |
52
Weeks |
52
Weeks |
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Filed
Currency |
GBP |
GBP |
GBP |
GBP |
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Exchange
Rate |
0.638712 |
0.619253 |
0.717437 |
0.503018 |
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Consolidated |
No |
No |
No |
No |
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Current Ratio |
1.22 |
1.45 |
1.11 |
2.73 |
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Liquidity Ratio |
1.22 |
1.45 |
1.11 |
2.73 |
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Equity Gearing |
17.72% |
30.85% |
9.97% |
63.43% |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.73 |
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1 |
Rs.87.26 |
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Euro |
1 |
Rs.69.84 |
INFORMATION DETAILS
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Report Prepared
by : |
PDT |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.