MIRA
INFORM REPORT
|
Report Date : |
26.10.2012 |
IDENTIFICATION DETAILS
|
Correct Name : Name : |
OPÇÃO FÊNIX DISTRIBUIDORA DE INSUMOS LTDA |
|
|
|
|
Registered Office : |
Rua Presidente Bernardes,95/103 - |
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|
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Country : |
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|
|
|
|
Financials (as on) : |
31.12.2008 |
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|
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Date of Incorporation : |
21.07.1995 |
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|
|
|
Legal Form : |
Limited Liability Company |
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|
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Line of Business : |
Wholesaler of pharmaceutical, medical and orthopedic products. |
|
|
|
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No. of Employees : |
48 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 : |
Exists |
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) |
|
Brazil |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Brazil - ECONOMIC OVERVIEW
Characterized by large and well-developed agricultural, mining, manufacturing, and service sectors, Brazil's economy outweighs that of all other South American countries, and Brazil is expanding its presence in world markets. Since 2003, Brazil has steadily improved its macroeconomic stability, building up foreign reserves, and reducing its debt profile by shifting its debt burden toward real denominated and domestically held instruments. In 2008, Brazil became a net external creditor and two ratings agencies awarded investment grade status to its debt. After strong growth in 2007 and 2008, the onset of the global financial crisis hit Brazil in 2008. Brazil experienced two quarters of recession, as global demand for Brazil's commodity-based exports dwindled and external credit dried up. However, Brazil was one of the first emerging markets to begin a recovery. In 2010, consumer and investor confidence revived and GDP growth reached 7.5%, the highest growth rate in the past 25 years. Rising inflation led the authorities to take measures to cool the economy; these actions and the deteriorating international economic situation slowed growth to 2.7% for 2011 as a whole, though forecasts for 2012 growth are somewhat higher. Despite slower growth in 2011, Brazil overtook the United Kingdom as the world's seventh largest economy in terms of GDP. Urban unemployment is at the historic low of 4.7% (December 2011), and Brazil's traditionally high level of income equality has declined for each of the last 12 years. Brazil's high interest rates make it an attractive destination for foreign investors. Large capital inflows over the past several years have contributed to the appreciation of the currency, hurting the competitiveness of Brazilian manufacturing and leading the government to intervene in foreign exchanges markets and raise taxes on some foreign capital inflows. President Dilma ROUSSEFF has retained the previous administration's commitment to inflation targeting by the central bank, a floating exchange rate, and fiscal restraint.
|
Source : CIA |
Company name
OPÇÃO FÊNIX
DISTRIBUIDORA DE INSUMOS LTDA
company ADDRESSES
|
MAIN ADDRESS: |
RUA PRESIDENTE BERNARDES,95/103 - VILA BANCÁRIA |
|
ZIP CODE/CITY: |
02757-000 SÃO PAULO/SP |
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|
|
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PHONE: |
11 3922-2600 |
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FAX: |
11 3922-2606 |
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E-MAIL: |
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WEB SITE: |
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BRANCHES: |
|
|
|
|
|
ADDRESS: |
QUADRA 04/05 - DISTRITO INDUSTRIAL, DAIA |
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ZIP CODE/CITY: |
75000-000 ANÁPOLIS/GO |
LEGAL DATA
|
MAIN ACTIVITIES: |
|
WHOLESALE OF PHARMACEUTICAL, MEDICAL AND ORTHOPEDIC PRODUCTS. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
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|
|
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INCORPORATION DATE: |
21/07/1995 |
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REGISTER DATE: |
21/07/1995 |
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BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
00.725.065/0001-02 |
|
STATE REGISTER: |
114.438.547.112 |
|
|
|
|
SHARE CAPITAL: |
R$ 500.000,00 |
|
LAST REGISTER OF CAPITAL: |
26/10/2007 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
NATAL SILVA |
MANAGING PARTNER |
|
ERMELINDA CARRER SILVA |
MANAGING PARTNER |
AUTHORIZED USE OF SIGNATURE
|
THE MANAGING PARTNERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
NATAL SILVA |
R$ 450.000,00 |
|
ERMELINDA CARRER SILVA |
R$ 50.000,00 |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
DOES NOT HAVE |
|
COMPANY'S BACKGROUND
|
THE SUBJECT WAS ESTABLISHED IN 1995 TO BE ENGAGED IN THE SAID LINE OF
BUSINESS AND UP TO DATE IT IS STILL OPERATING WITHIN THE GENERAL SCENE
REPORTED HEREIN. THE COMPANY OPERATES WITH THE TRADE NAME: OPÇÃO FENIX PARTNERS: --------- NATAL SILVA: BRAZILIAN, MARRIED, HOLDER OF DOCUMENTS CPF #
450.432.308-78, RG # 4271713, RESIDENTIAL ADDRESS AT RUA JOSE CORREIA LIMA,
115 BLOCO 23 APTO 23, JARDIM SÃO RICARDO, ZIP CODE 05143-160, SÃO PAULO/SP; ERMELINDA CARRER SIVA: BRAZILIAN, MARRIED, HOLDER OF DOCUMENTS CPF #
129.865.988-46, RG # 19278030, RESIDENTIAL ADDRESS AT RUA JOSÉ CORREIA LIMA
115, BLOCO 23 APTO 23,JARDIM SÃO RICARDO, ZIP CODE 05143-160, SÃO PAULO/SP. FURTHER DETAILS ABOUT THE SUBJECT'S HISTORY ARE SO FAR NOT KNOWN. REMARKS: -------- WHEN INTERVIEWED SOURCES AT THE SUBJECT STATED THAT
ARE STILL WAITING FOR AUTHORIZATION FROM THE PRINCIPALS TO PROVIDE THE DATA
NECESSARY TO COMPLETE THIS REPORT. A REQUEST FOR FURTHER DATA HAS BEEN SENT TO THE
COMPANY. PROVIDED THE DATA REQUESTED ARE RECEIVED FROM THE SUBJECT A
COMPLEMENTARY REPORT WILL BE SENT TO YOUR ATTENTION. THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR
DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES
USUALLY INVESTIGATED. |
|
PUBLIC INFORMATION: |
|
INFORMATION ON
RETURNED CHEQUES: |
|
QTY: |
DETAILS: |
LAST ONE: |
BANK: |
|
2 |
RETURNED CHEQUES |
27/09/2012 |
BANCO BRADESCO S/A - AG: 3040 |
|
PROTESTS: |
|
40 PROTESTS,TOTAL AMOUNT R$
300.401,75 |
|
DATE OF FIRST PROTEST:
13/06/2012 R$ 5.871,63 |
|
DATE OF HIGHEST PROTEST:
21/09/2012 R$ 25.000,00 |
|
DETAILS OF
LATEST PROTESTS: |
|
NOTARY OFFICE: |
DATE: |
VALUE: |
|
10º CARTÓRIO DE SÃO PAULO/SP |
11/10/2012 |
R$ 16.000,00 |
|
2º CARTÓRIO DE SÃO PAULO/SP |
11/10/2012 |
R$ 12.000,00 |
|
1º CARTÓRIO DE SÃO PAULO/SP |
02/10/2012 |
R$ 783,33 |
|
1º CARTÓRIO DE SÃO PAULO/SP |
21/09/2012 |
R$ 25.000,00 |
|
10º CARTÓRIO DE SÃO PAULO/SP |
19/07/2012 |
R$ 12.983,10 |
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LAWSUITS: |
|
|
|
|
DATE: |
COURT OF LAW: |
|
2 |
STATE LAWSUITS |
29/07/10 |
VARA DE EXEC. FISCAL ESTADUAL |
|
1 |
FEDERAL LAWSUIT |
05/07/12 |
2ª VARA DE SÃO PAULO/SP |
FINANCIAL INFORMATION
|
GENERAL BALANCE SHEETS AS OF 31/12/2008. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2008 |
|
|
|
|
|
|
|
|
CASH AND CASH EQUIVALENTS |
70.548,52 |
|
|
|
CLIENTS |
2.851.940,97 |
|
|
|
INVENTORY |
550.707,20 |
|
|
|
ACCOUNTS RECEIVABLE |
37.937,84 |
|
|
|
|
---------------- |
|
|
|
TOTAL CURRENT ASSETS |
3.511.134,53 |
|
|
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
181.508,00 |
|
|
|
|
---------------- |
|
|
|
TOTAL FIXED ASSETS |
181.508,00 |
|
|
|
|
================ |
|
|
|
TOTAL ASSETS |
3.692.642,53 |
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|
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2008 |
|
|
|
|
|
|
|
|
SUPPLIERS |
598.859,38 |
|
|
|
SOCIAL OBLIGATIONS |
14.559,23 |
|
|
|
TRIBUTARY OBLIGATIONS |
403.718,31 |
|
|
|
LOANS AND FINANCING |
1.325.146,66 |
|
|
|
|
---------------- |
|
|
|
TOTAL CURRENT LIABILITIES |
2.342.283,58 |
|
|
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
500.000,00 |
|
|
|
ACCRUED PROFIT (LOSS) |
850.358,95 |
|
|
|
|
---------------- |
|
|
|
TOTAL NET EQUITY |
1.350.358,95 |
|
|
|
|
================ |
|
|
|
TOTAL LIABILITIES |
3.692.642,53 |
|
|
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2008. |
|
( FIGURES ARE IN REAIS ). |
|
|
31/12/2008 |
|
|
|
|
|
|
|
|
GROSS SALES |
7.659.229,16 |
|
|
|
(-) TAXES ON SALES |
1.131.626,63 |
|
|
|
|
---------------- |
|
|
|
NET SALES |
6.527.602,53 |
|
|
|
(-) COST OF SOLD GOODS |
4.624.921,51 |
|
|
|
|
---------------- |
|
|
|
GROSS PROFIT |
1.902.681,02 |
|
|
|
OPERATING REVENUE (EXPENSE) |
-1.658.407,78 |
|
|
|
FINANCIAL REVENUE(EXPENSE) |
-148.788,11 |
|
|
|
|
---------------- |
|
|
|
OPERATIONAL PROFIT (LOSS) |
95.485,13 |
|
|
|
|
---------------- |
|
|
|
NET PROFIT (LOSS) |
95.485,13 |
|
|
|
RATIOS: |
31/12/2008 |
|
|
|
QUICK RATIO |
1,26 |
|
|
|
|
|
|
CURRENT RATIO |
1,50 |
|
|
|
|
|
|
ACCOUNTS RECEIVABLE TURNOVER |
2,29 |
TIMES |
|
|
|
|
|
DAYS' SALES IN RECEIVABLES |
157,29 |
DAYS |
|
|
|
|
|
INVENTORY TURNOVER |
8,40 |
TIMES |
|
|
|
|
|
ACCOUNTS PAYABLE PERIOD |
46,61 |
DAYS |
|
|
|
|
|
RETURN ON ASSETS |
1,77 |
TIMES |
|
|
|
|
|
SALES TURNOVER ON NET EQUITY |
4,83 |
TIMES |
|
|
|
|
|
NET WORTH TIE-UP |
,13 |
|
|
|
|
|
|
INDEBTEDNESS |
1,73 |
|
|
|
|
|
|
EQUITY RATIO |
36,57 |
% |
|
|
|
|
|
WORKING CAPITAL RATIO |
49,90 |
% |
|
|
|
|
|
GENERAL SOLVENCY |
1,58 |
|
|
|
|
|
|
RETURN ON NET EQUITY |
7,07 |
% |
|
|
|
|
|
RETURN ON SALES (PROFIT MARGIN) |
1,46 |
% |
|
|
|
|
|
GROSS PROFIT MARGIN |
29,15 |
% |
|
|
|
|
|
OPERATIONAL RESULT |
1,46 |
% |
|
|
|
|
|
SALES TURNOVER ON LIABILITIES |
2,79 |
TIMES |
|
|
|
|
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 2,02 |
- OFFICIAL RATE ON 24/10/2012 |
|
US$ 1,00 = R$ 2,33 |
- OFFICIAL RATE ON 31/12/2008 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FIGURES AVAILABLE SHOW A SATISFACTORY FINANCIAL STANDING. IT IS
NOTED HIGH LEVEL OF INDEBTEDNESS BUT THE COMPANY STILL OPERATES WITH GOOD LIQUIDITY
RATIOS AND POSITIVE WORKING CAPITAL. DESPITE THE DROP IN SALES, PROFIT WAS
MADE. HOWEVER, IN THE ABSENCE OF UPDATED FINANCIAL INFORMATION NO COMMENTS
CAN BE MADE ABOUT THE SUBJECT’S CURRENT FINANCIAL STANDING. |
|
REAL ESTATE: |
NOT AVAILABLE
|
VEHICLES: |
NOT AVAILABLE
|
MACHINES: |
NOT AVAILABLE
INSURANCE
|
INSURANCE COMPANY: |
PORTO SEGURO CIA DE SEGUROS GERAIS |
|
COVERAGE: |
NOT AVAILABLE |
|
EXPIRATION: |
NOT AVAILAVLE |
BANKING REFERENCES
|
|
BRANCH/PHONE: |
|
|
BANCO BRADESCO S/A |
AG: 3040 / 11 3872-1766 |
|
|
BANCO ITAU S/A |
11 3935-1677 |
|
|
REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE
INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW PROHIBITION WE ARE UNABLE TO PROVIDE
ANY BANKING DETAILS. ACCORDING TO THE CENTRAL
BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY HAS 02 RETURNED CHECKS UP TO
DATE. (IN THE TERMS OF "CIRCULAR 1682 BRAZILIAN CENTRAL BANK"). |
ACTIVITIES COMMENTS
|
THE SUBJECT IS ENGAGED IN THE WHOLESALE OF PHARMACEUTICAL, MEDICAL AND
ORTHOPEDIC PRODUCTS. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
CHINA, TAIWAN, SWITZERLAND, INDIA, UNITED STATES, GERMANY, FRANCE AND
ITALY. |
EXPORTS TO:
|
CHILE, PARAGUAY, CHINA AND URUGUAY. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
CITY: |
PHONE: |
|
AMAZON ERVAS LAB BOTÂNICO LTDA |
MANAUS/AM |
92 3615-3155 |
|
BRASMED |
CANOAS/RS |
41 3464-5900 |
|
FANTOVIT LABORATÓRIOS LTDA |
SÃO PAULO/SP |
11 5182-9655 |
|
LABORATÓRIO FARMACÊUTICO VITAMED LTDA |
CAXIAS DO SUL/RS |
54 4009-3200 |
|
LABORATÓRIO SANTO ANTONIO - LASA |
VIDEIRA/SC |
49 3531-1101 |
|
PHARMASCIENCE |
BETIM/MG |
31 3597-0442 |
|
SINERGIKA IND DE ALIMENTOS LTDA |
APARECIDA DE GOIÀNIA/GO |
62 3251-2184 |
|
STAFF: |
|
|
|
THE COMPANY HAS: 48 EMPLOYEE(S) |
CONCEPT AND FULFILMENT
|
THE SUBJECT HAS BEEN ESTABLISHED SINCE 1995. IT HAS A TRADE HISTORY
BLEMISHED BY SEVERAL RECENT PROTESTS, LAWSUITS AND RETURNED CHECKS, SHOWING THAT
AT THAT TIME THE COMPANY FAILED TO ACCOMPLISH ITS COMMITMENTS WITH SEVERAL
CREDITORS / SUPPLIERS. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
CITY: |
PHONE: |
|
CARDINAL HEATH BRASIL 402 LTDA |
SOROCABA/SP |
15 3235-3523 |
|
FLORA ERVAS IMP E EXP LTDA |
PINHAIS/PR |
41 3385-7438 |
|
LIPO DO BRASIL LTDA |
SÃO PAULO/SP |
11 2124-5300 |
|
MINÉRIO OURO BRANCO LTDA |
SÃO PAULO/SP |
11 3859-6101 |
|
SANRISIL S/A |
SÃO PAULO/SP |
11 4646-3600 |
|
SANTOSFLORA COMERCIO DE ERVAS LTDA |
SÃO PAULO/SP |
11 6191-8787 |
|
FOREIGN
SUPPLIERS: |
COUNTRY: |
PHONE: |
|
ARISTA INDUSTRIES, INC |
|
(203) 761-1009 |
|
EURESIAN |
INDIA |
(91) 22 5633 2427 |
|
EVERLIGHT CHEMICAL INDUSTRIAL CORPORATION |
TAIWAN |
(886)-2-27066006 |
|
MARTIN BAUER GMBH & CO. |
GERMANY |
(49)-4193 902-252 |
|
REFARMED CHEMICALS LTD. |
SWITZERLAND |
(41) 91 960 50 80 |
|
SHANGAI FREEMEN INTL. TRADING CO LTD |
CHINA |
+86264279170 |
|
PAYMENT HISTORY: |
|
4 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 184.782,00 |
|
|
|
AMOUNT OF INVOICES PAID: 76 |
|
TOTAL OF PROMPT PAYMENTS: 91,1% |
|
TOTAL OF DELAYED PAYMENTS: 8,9% |
|
|
|
HIGHEST INVOICE: R$ 8.168,00 |
|
HIGHEST CREDIT: R$ 8.168,00 |
FINAL OPINION
|
BASED ON THE OVERALL DATA AVAILABLE THE SUBJECT MAY BE CONSIDERED FOR
NORMAL BUSINESS COMMITMENTS. CREDIT FACILITIES HOWEVER SHOULD BE GRANTED ON
FULLY SECURED TERMS ONLY DUE TO THE ABSENCE OF UPDATED FINANCIAL DATA. |
|
OPÇÃO FÊNIX DISTRIBUIDORA DE INSUMOS LTDA |
|
|
|
BALANCE SHEET ANALYSIS |
FIGURES ARE IN REAIS |
|
|
|
31/12/2008 |
|
|
ASSETS |
|
% |
|
Current Assets |
95.08 |
|
|
Fixed Assets |
$ 181,508 |
4.92 |
|
TOTAL ASSETS |
$ 3,692,643 |
100.00 |
|
LIABILITIES |
|
|
|
Current Liabilities |
$ 2,342,284 |
63.43 |
|
Long-Term Liabilities |
$ - |
0.00 |
|
TOTAL LIABILITIES |
$ 2,342,284 |
63.43 |
|
Deferred Income |
$ - |
0.00 |
|
Net Equity |
$ 1,350,359 |
36.57 |
|
TOTAL LIABILITIES + NET EQUITY |
$ 3,692,643 |
100.00 |
|
PROFIT AND LOSS ACCOUNTS |
|
|
|
Net Sales |
$ 6,527,603 |
100.00 |
|
Costs |
$ 4,624,922 |
70.85 |
|
Gross Profit |
$ 1,902,681 |
29.15 |
|
Operating expenses |
$ (1,658,408) |
-25.41 |
|
operational Result |
$ 95,485 |
1.46 |
|
Net Profit (loss) |
$ 95,485 |
1.46 |
|
COMPLEMENTARY DATA |
|
|
|
Inventory |
$ 550,707 |
|
|
Accounts receivable |
$ 2,851,941 |
|
|
Accounts Payable |
$ 598,859 |
|
|
Property, plant and equipment |
$ 181,508 |
|
|
Purchases |
$ 181,508 |
|
|
Financial Expenses |
$ (148,788) |
|
|
Foreign Currency Assets |
|
|
|
Foreign Currency Liabilities |
|
|
|
Working Capital |
$ 1,168,851 |
|
|
RATIOS: |
|
|
|
QUICK RATIO |
1.26 |
|
|
CURRENT RATIO |
1.50 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
2.29 |
times |
|
DAYS' SALES IN RECEIVABLES |
157.29 |
days |
|
INVENTORY TURNOVER |
8.40 |
times |
|
46.61 |
days |
|
|
RETURN ON ASSETS |
1.77 |
times |
|
SALES TURNOVER ON NET EQUIY |
4.83 |
times |
|
NET WORTH TIE-UP |
0.13 |
|
|
ENDEBTEDNESS |
1.73 |
|
|
EQUITY RATIO |
36.57 |
% |
|
WORKING CAPITAL RATIO |
49.90 |
% |
|
GENERAL SOLVENCY |
1.58 |
|
|
RETURN ON NET EQUITY |
7.07 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
1.46 |
% |
|
GROSS PROFIT MARGIN |
29.15 |
% |
|
OPERATIONAL RESULT |
1.46 |
% |
|
SALES TURNOVER ON LIABILITIES |
2.79 |
times |
|
FOREIGN CURRENCY ON ASSETS |
- |
% |
|
FOREIGN CURRENCY ON LIABILITIES |
- |
% |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.63 |
|
UK Pound |
1 |
Rs.86.18 |
|
Euro |
1 |
Rs.69.75 |
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.