|
Report Date : |
06.11.2012 |
IDENTIFICATION DETAILS
|
Correct Name : |
SCHÜCO INTERNATIONAL KG |
|
|
|
|
Registered Office : |
Karolinenstr. 1-15, D 33609 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Year of Establishment : |
1951 |
|
|
|
|
Com. Reg. No.: |
HRA 8135 |
|
|
|
|
Legal Form : |
Limited partnership |
|
|
|
|
Line of Business : |
Manufacturer of metal structures and parts of structures |
|
|
|
|
No. of Employees : |
3,303 employees |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
germany - ECONOMIC OVERVIEW
The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Like its Western European neighbors, Germany faces significant demographic challenges to sustained long-term growth. Low fertility rates and declining net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms. Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong growth in 2006 and 2007 and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II - and its decrease to 6.0% in 2011. GDP contracted 5.1% in 2009 but grew by 3.6% in 2010, and 2.7% in 2011. The recovery was attributable primarily to rebounding manufacturing orders and exports - increasingly outside the Euro Zone. Germany's central bank projects that GDP will grow 0.6% in 2012, a reflection of the worsening euro-zone financial crisis and the financial burden it places on Germany as well as falling demand for German exports. Domestic demand is therefore becoming a more significant driver of Germany's economic expansion. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's budget deficit to 3.3% in 2010, but slower spending and higher tax revenues reduce the deficit to 1.7% in 2011, below the EU's 3% limit. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela Merkel announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany hopes to replace nuclear power with renewable energy. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its energy and 46% of its base-load electrical production.
|
Source : CIA |
SCHÜCO International KG
Karolinenstr. 1-15
D 33609 Bielefeld
Post Box:
102553, D 33525 Bielefeld
Telephone: 0521/7830
Telefax:
0521/783451
Homepage: www.schueco.de
E-mail:
info@schueco.com
DE124001363
The company is considered solvent for credits within its scope of business.
LEGAL FORM Limited partnership
Date of foundation: 1951
Registered on: 17.02.1964
Register of
companies: Local court 33602 Bielefeld
under: HRA 8135
Total cap. contribution:
EUR 350,000,000.00
OTTO FUCHS -Kommanditgesellschaft-
Derschlager Str. 26
D 58540 Meinerzhagen
Post Box:
1261, D 58528 Meinerzhagen
Legal form: Limited partnership
Total cap. EUR 115,000,000.00
contribution:
Share: EUR 349,300,000.00
Registered on: 07.01.1916
Reg. data: 58636 Iserlohn, HRA 2592
Limited partner:
SCHÜCO
International Verwaltungsgesellschaft
mit
beschränkter Haftung
Karolinenstr.
1-3
D 33609
Bielefeld
Legal form: Private limited
company
Share
capital: EUR 600,000.00
Share: EUR 700,000.00
Registered
on: 13.02.1964
Reg. data:
33602 Bielefeld, HRB 7428
Dr. Hinrich Mählmann
D 41352 Korschenbroich
born: 01.06.1956
Profession: graduate engineer
Marital status: married
Horst Platzhoff
Querweg 67d
D 33098 Paderborn
authorized to jointly represent the company
born: 05.06.1949
Proxy:
Andreas
Engelhardt
D 52068
Aachen
authorized to
jointly represent the company
born:
29.05.1960
Profession:
Businessman
Proxy:
Winfried
Heusler
D 89415
Lauingen
authorized to
jointly represent the company
Proxy:
Helmut
Marzahn
Kuckelsberg 6
D 53819 Neunkirchen-Seelscheid
authorized to
jointly represent the company
born:
20.10.1957
Profession:
graduate engineer
Marital
status: married
Proxy:
Thomas
Lauritzen
D 32756
Detmold
authorized to
jointly represent the company
born:
22.06.1958
Proxy:
Götz Kaßmann
D 33602
Bielefeld
authorized to
jointly represent the company
born:
15.03.1966
Profession:
Solicitor
Proxy:
Reinhard
Jürgens
Auf dem
Sandfelde 2
D 33106
Paderborn
authorized to jointly represent the
company
born:
18.07.1965
Marital
status: married
Proxy:
Wolfgang
Schneider
D 74360
Ilsfeld
authorized to
jointly represent the company
born:
10.12.1953
Proxy:
Kurt
Trautmann
Hofbrede 7
D 48369
Saerbeck
authorized to
jointly represent the company
born: 31.03.1962
Proxy:
Dr. Jörg
Westphal
D 33602
Bielefeld
born:
13.02.1959
Proxy:
Bettina
Kraemer
D 33602
Bielefeld
authorized to
jointly represent the company
born:
28.11.1957
Proxy:
Heinz Peter
Büscher
Tengerholz 26
D 32609
Hüllhorst
authorized to
jointly represent the company
born:
03.11.1953
Profession:
Businessman
Proxy:
Ralf
Wippermann
D 32257 Bünde
authorized to
jointly represent the company
born: 12.08.1963
Proxy:
Tanja Brinks
Goldbach 16
D 33615
Bielefeld
authorized to
jointly represent the company
born:
16.03.1971
Proxy:
Dr. rer. oec. Nico Josef Alois Maria
Reiner
D 33602
Bielefeld
authorized to
jointly represent the company
born:
09.02.1969
Proxy:
Thomas Humpf
D 51427 Bergisch Gladbach
authorized to
jointly represent the company
born:
13.07.1965
Proxy:
Johannes
Mattheus Bruijnse
D 22761
Hamburg
authorized to
jointly represent the company
born:
25.06.1969
Proxy:
Christian
Schell
Gehsenweg 9
D 33619
Bielefeld
authorized to
jointly represent the company
born: 07.08.1972
Proxy:
Guy Antoine
Vicente
F Vaureal
authorized to
jointly represent the company
born:
24.11.1949
Nationality:
French
Further functions/participations of Dr.
Hinrich Mählmann (General partner)
General partner:
OTTO FUCHS
-Kommanditgesellschaft-
Derschlager
Str. 26
D 58540
Meinerzhagen
Post Box:
1261, D 58528
Meinerzhagen
Legal form:
Limited partnership
Total
cap. EUR 115,000,000.00
contribution:
Registered
on: 07.01.1916
Reg.
data: 58636 Iserlohn, HRA 2592
Manager:
SCHÜCO
International Verwaltungsgesellschaft
mit
beschränkter Haftung
Karolinenstr.
1-3
D 33609 Bielefeld
Legal form:
Private limited company
Share
capital: EUR 600,000.00
Registered
on: 13.02.1964
Reg.
data: 33602 Bielefeld, HRB 7428
Manager:
OTTO FUCHS
Holding GmbH
Derschlager
Str. 26
D 58540
Meinerzhagen
Legal form:
Private limited company
Share capital: EUR
11,000,000.00
Registered
on: 15.02.2005
Reg.
data: 58636 Iserlohn, HRB 5752
Member
of the Supervisory Board:
Gebr. Pfeiffer SE
Barbarossastr. 50-54
D 67655 Kaiserslautern
Post Box:
30 80
Legal form: European Company (SE)
Share capital: EUR 4,500,000.00
Registered
on:
18.04.2011
Reg. data:
67657 Kaiserslautern, HRB 31096
Member
of the Chairing-committee:
Wirtschaftsvereinigung Metalle e.V.
Wallstr. 58/59
D 10179 Berlin
Legal form: Registered association
Registered
on:
05.06.2009
Reg. data:
14057 Berlin, VR 28700 B
1951 - 1954 Heinz Schürmann
D 32457
Porta Westfalica
Sole proprietorship
Main industrial
sector
25110 Manufacture of metal
structures and parts of structures
Secondary
industrial sector
25120 Manufacture of doors and
windows of metal
22230 Manufacture of builders'
ware of plastic
4674 Wholesale of hardware,
plumbing and heating equipment andsupplies
Works:
SCHÜCO
International KG
In der Lake 2
D 33829
Borgholzhausen
TEL.: 05425/120
Branch:
SCHÜCO
International KG
Nikolaus-Otto-Str. 1
D 22946
Trittau
TEL.:
04154/8450
Branch:
SCHÜCO
International KG Zweigniederlassung
Wertingen
Industriestr.
12
D 86637
Wertingen
TEL.:
08272/82-0
Reg. entry:
31.07.1990
Branch:
SCHÜCO
International KG - Niederlassung -
Selauer Str.
55
D 06667
Weißenfels
TEL.:
03443/3420
Branch:
SCHÜCO
International KG
Schücostr. 1
- 3
D 68649
Groß-Rohrheim
TEL.:
06245/270
Branch:
SCHÜCO
International KG *Vertriebsbüro
Südwest*
Max-Eyth-Str.
8
D 71672
Marbach
TEL.:
07144/85100
Branch:
Schüco
International KG
Potsdamer
Str. 220
D 33719
Bielefeld
TEL.:
0521/7837300
FAX.:
0521/7837310
Branch:
Schüco
International KG
Grünewalder
Str. 28
D 42657
Solingen
Limited partner:
Schüco PWS
GmbH & Co. KG
Selauer Str.
155a
D 06667
Weißenfels
Legal form: Ltd partnership with
priv. ltd.
company as general partner
Company
Status: active
Total
cap. EUR 20,000,000.00
contribution:
Share: EUR 20,000,000.00
Reg.
data: 31.05.2007
Local court 39576 Stendal
HRA 1617
Limited partner:
Malibu GmbH
& Co. KG
Böttcherstr.
7
D 33609
Bielefeld
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Company
Status: active
Total
cap. EUR 5,000,000.00
contribution:
Share: EUR 5,000,000.00
Reg.
data: 25.01.2008
Local court 33602 Bielefeld
HRA 15253
Limited partner:
Schüco TF
GmbH & Co. KG
Karolinenstr.
1-15
D 33609
Bielefeld
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Company
Status: active
Total
cap. EUR 1,000,000.00
contribution:
Share: EUR 1,000,000.00
Reg.
data: 22.12.2010
Local court 33602 Bielefeld
HRA 15651
Limited partner:
Schüco Energy
GmbH & Co. KG
Karolinenstr. 1-15
D 33609
Bielefeld
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Company
Status: active
Total cap. EUR 1,000,000.00
contribution:
Share: EUR 1,000,000.00
Reg.
data: 04.10.2011
Local court 33602 Bielefeld
HRA 15762
Shareholder:
SCHÜCO-Service-Gesellschaft mit beschränkter
Haftung
Karolinenstr.
1
D 33609
Bielefeld
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 5,500,000.00
Share: EUR 5,500,000.00
Reg.
data: 10.10.1972
Local court 33602
Bielefeld
HRB 30001
Shareholder:
SCHÜCO
America Holding GmbH
Karolinenstr.
1-15
D 33609
Bielefeld
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 50,000.00
Share: EUR 50,000.00
Reg.
data: 04.12.1997
Local court
33602 Bielefeld
HRB 35930
Shareholder:
Schüco PWS
Verwaltungs GmbH
Selauer Str.
155a
D 06667
Weißenfels
Legal form: Private limited company
Company
Status: active
Share
capital: EUR 41,000.00
Share: EUR 41,000.00
Reg.
data: 13.04.2007
Local court 39576 Stendal
HRB 6322
Shareholder:
SCHÜCO Solar
Projekt GmbH
Grünewalder
Str. 28
D 42657
Solingen
Legal form: Private limited
company
Company
Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 10.09.2010
Local court 42103 Wuppertal
HRB 22997
Shareholder:
SCHÜCO Solar
Beteiligungs GmbH
Karolinenstr.
1-15
D 33609 Bielefeld
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data:
07.04.2004
Local court 33602 Bielefeld
HRB 38081
Shareholder:
Schüco TF
Beteiligungs GmbH
Karolinenstr.
1-15
D 33609
Bielefeld
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 28.09.2010
Local court 33602 Bielefeld
HRB 40179
Shareholder:
Schüco Energy
Beteiligungs GmbH
Böttcherstr.
7
D 33609 Bielefeld
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 29.09.2011
Local court 33602 Bielefeld
HRB 40478
Shareholder:
Malibu
Beteiligungs GmbH
Böttcherstr.
7
D 33609 Bielefeld
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 25,000.00
Share: EUR 12,500.00
Reg.
data: 23.01.2008
Local court 33602 Bielefeld
HRB 39158
Shareholder:
Rewindo GmbH
Am Hofgarten
1-2
D 53113 Bonn
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 115,000.00
Share: EUR 10,000.00
Reg. data: 16.08.2002
Local court 53111 Bonn
HRB 10046
Payment experience: takes
advantage of cash discount
Negative information: We have
no negative information at hand.
Balance sheet year: 2010
Type of ownership: proprietor
Share: 100.00 %
Address Karolinenstr. 1-15
D 33609 Bielefeld
Type of real estate: factory building
Size: 106,000.00 sq.m
Land register documents were not available.
Principal bank
DEUTSCHE BANK,
BIELEFELD
Sort. code: 48070020, Account no.: 0580787, BIC: DEUTDE3BXXX
Further banks
SPARKASSE
BIELEFELD, BIELEFELD
Sort. code: 48050161, Account no.: 65002255, BIC: SPBIDE3BXXX
WESTLB DÜSSELDORF,
DÜSSELDORF
Sort. code: 30050000, Account no.: 999938, BIC: WELADEDDXXX
Turnover: 2010 EUR 1,925,830,272.00
Equipment: EUR 19,597,678.00
Ac/ts
receivable:
EUR 241,173,736.00
Liabilities: EUR 341,099,646.00
Employees:
3,303
The aforementioned business figures may partly be estimated information based on average values in the line of business.
Balance
sheet ratios 01.01.2010 - 31.12.2010
Equity
ratio [%]: 61.45
Liquidity
ratio: 2.39
Balance
sheet ratios 01.01.2009 - 31.12.2009
Equity
ratio [%]: 58.33
Liquidity
ratio: 2.17
Balance
sheet ratios 01.01.2008 - 31.12.2008
Equity
ratio [%]: 56.00
Liquidity
ratio: 1.23
Balance
sheet ratios 01.01.2007 - 31.12.2007
Equity
ratio [%]: 49.02
Liquidity
ratio: 1.15
Return
on total capital [%]: 172.14
Equity ratio
The equity ratio indicates the portion of the equity as compared to the
total capital. The higher the equity ratio, the better the economic stability
(solvency) and thus the financial autonomy of a company.
Liquidity ratio
The liquidity ratio shows the proportion between adjusted receivables
and net liabilities. The higher the ratio, the lower the company's financial
dependancy from external creditors.
Return on total
capital
The return on total capital shows the efficiency and return on the total
capital employed in the company. The higher the return on total capital, the
more economically does the company work with the invested capital.
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 1,109,682,171.28
Fixed
assets EUR 395,086,524.08
Intangible assets
EUR 13,382,517.62
Concessions, licences, rights
EUR 12,272,686.00
Advance payments for intang. assets
EUR 1,109,831.62
Tangible assets EUR 91,920,108.69
Land
/ similar rights EUR 53,887,351.63
Plant / machinery
EUR 15,417,836.67
Other tangible assets / fixtures and
fittings
EUR 19,597,678.16
Advance payments made / construction
in
progress
EUR 3,017,242.23
Financial assets
EUR 289,783,897.77
Shares in participations /
subsidiaries and the like
EUR 248,784,169.23
Loans to participations /
subsidiaries and the like
EUR 40,999,728.54
Current assets EUR 708,630,779.70
Stocks
EUR 222,113,416.84
Raw materials, consumables and
supplies
EUR 11,904,601.01
Finished goods / work in progress
EUR 207,313,320.32
Advance payments made
EUR 2,895,495.51
Accounts receivable EUR 241,173,736.90
Trade debtors
EUR 83,289,708.40
Amounts due from related companies
EUR 139,373,306.64
Amounts due from investee companies
EUR 2,145,289.28
Other debtors and assets
EUR 16,365,432.58
Investments in current assets
EUR 5,018,648.19
Other investments
EUR 5,018,648.19
Liquid means
EUR 240,324,977.77
Remaining other assets EUR 5,964,867.50
Accruals (assets)
EUR 5,964,867.50
LIABILITIES EUR 1,109,682,171.28
Shareholders' equity EUR 380,000,000.00
Capital
EUR 300,000,000.00
Limited partner's capital / capital
of
partially liable partner (LP)
EUR 300,000,000.00
Reserves
EUR 80,000,000.00
Items
between shareholders' equity and
debt
capital
EUR 304,428,945.79
Mezzanine financing
EUR 304,428,945.79
Shareholder loans similar to capital EUR 304,428,945.79
Provisions EUR
83,241,306.64
Pension provisions and comparable
provisions
EUR 18,162,520.80
Provisions for taxes
EUR 16,074,046.70
Other
/ unspecified provisions EUR 49,004,739.14
Liabilities EUR 341,099,646.16
Financial debts
EUR 168,015,535.45
Liabilities due to banks
EUR 168,015,535.45
Other
liabilities EUR 173,084,110.71
Trade creditors (for IAS incl. bills
of
exchange)
EUR 81,283,472.34
Liabilities from received advance
payments
EUR 4,149,052.39
Liabililties due to related companiesEUR 42,169,572.81
Liabilities due to investee companiesEUR 4,712.46
Unspecified other liabilities
EUR 45,477,300.71
thereof liabilities from tax /
financial authorities
EUR 3,016,016.43
thereof liabilities from social
security
EUR 0.00
Other
liabilities EUR 912,272.69
Deferrals (liabilities)
EUR 912,272.69
Guarantees and other commitments EUR 27,183,236.49
Guarantees / warranties
EUR 27,183,236.49
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 960,745,313.71
Fixed
assets EUR 288,660,587.08
Intangible assets
EUR 15,475,778.86
Concessions, licences, rights
EUR 14,498,562.63
Advance payments for intang. assets
EUR 977,216.23
Tangible assets
EUR 108,867,559.58
Land
/ similar rights EUR 64,524,421.20
Plant / machinery
EUR 19,267,523.36
Other tangible assets / fixtures and
fittings
EUR 24,025,159.65
Advance payments made / construction
in
progress
EUR 1,050,455.37
Financial assets
EUR 164,317,248.64
Shares in participations /
subsidiaries and the like
EUR 118,699,481.34
Loans to participations /
subsidiaries and the like
EUR 44,617,767.30
Securities included in fixed assets
EUR 1,000,000.00
Current assets EUR 670,253,510.79
Stocks
EUR 180,151,109.95
Raw
materials, consumables and
supplies
EUR 19,611,898.46
Finished goods / work in progress
EUR 157,511,622.45
Advance payments made
EUR 3,027,589.04
Accounts receivable
EUR 283,626,435.76
Trade debtors
EUR 103,552,734.60
Amounts
due from related companies EUR 167,935,142.90
Amounts due from investee companies
EUR 1,245,505.56
Other debtors and assets
EUR 10,893,052.70
Investments in current assets
EUR 8,172,717.75
Liquid means
EUR 198,303,247.33
Remaining other assets EUR 1,831,215.84
Accruals (assets)
EUR 1,831,215.84
LIABILITIES EUR 960,745,313.71
Shareholders' equity EUR 366,000,000.00
Capital
EUR 300,000,000.00
Limited partner's capital / capital
of
partially liable partner (LP)
EUR 300,000,000.00
Limited
partner's capital, fixed
capital, capital account I
EUR 300,000,000.00
Reserves
EUR 66,000,000.00
Items
between shareholders' equity and
debt
capital
EUR 197,674,366.63
Mezzanine financing
EUR 197,674,366.63
Shareholder loans similar to capital EUR 197,674,366.63
Provisions EUR 67,316,411.46
Pension provisions and comparable
provisions
EUR 17,853,102.00
Provisions for taxes
EUR 10,542,196.78
Other
/ unspecified provisions EUR 38,921,112.68
Liabilities EUR 328,743,162.89
Financial debts EUR 181,769,591.88
Liabilities due to banks
EUR 181,769,591.88
Other
liabilities EUR 146,973,571.01
Trade creditors (for IAS incl. bills
of
exchange) EUR 62,551,633.34
Liabilities from received advance
payments
EUR 3,740,115.81
Liabililties due to related companiesEUR 30,326,363.13
Liabilities due to investee companiesEUR 799,419.23
Unspecified other liabilities
EUR 49,556,039.50
thereof liabilities from tax /
financial authorities
EUR 3,216,323.66
thereof liabilities from social
security EUR 461,984.83
Other
liabilities EUR 1,011,372.73
Deferrals (liabilities)
EUR 1,011,372.73
Guarantees and other commitments EUR 28,067,282.52
Guarantees / warranties
EUR 28,067,282.52
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.08 |
|
UK Pound |
1 |
Rs.86.69 |
|
Euro |
1 |
Rs.69.37 |
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.