MIRA INFORM REPORT
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Report Date : |
04.09.2012 |
IDENTIFICATION DETAILS
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Name : |
BANKER CORPORATION LTD |
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Registered Office : |
37 High Street, Acton London W3 6nd |
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Country : |
United Kingdom |
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Date of Incorporation : |
02.09.2011 |
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Com. Reg. No.: |
07759934 |
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Legal Form : |
Private limited with Share Capital |
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Line of Business : |
Providing Business Services. |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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---- |
NB |
New Business |
---- |
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Status : |
New company |
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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
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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United Kingdom |
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 |
UNITED KINGDOM - ECONOMIC OVERVIEW
The UK, a leading trading
power and financial center, is the third largest economy in Europe after
Germany and France. Over the past two decades, the government has greatly
reduced public ownership and contained the growth of social welfare programs.
Agriculture is intensive, highly mechanized, and efficient by European
standards, producing about 60% of food needs with less than 2% of the labor
force. The UK has large coal, natural gas, and oil resources, but its oil and
natural gas reserves are declining and the UK became a net importer of energy
in 2005. Services, particularly banking, insurance, and business services,
account by far for the largest proportion of GDP while industry continues to
decline in importance. After emerging from recession in 1992, Britain's economy
enjoyed the longest period of expansion on record during which time growth
outpaced most of Western Europe. In 2008, however, the global financial crisis
hit the economy particularly hard, due to the importance of its financial
sector. Sharply declining home prices, high consumer debt, and the global
economic slowdown compounded Britain's economic problems, pushing the economy
into recession in the latter half of 2008 and prompting the then BROWN (Labour) government to implement a number of measures to
stimulate the economy and stabilize the financial markets; these include
nationalizing parts of the banking system, temporarily cutting taxes,
suspending public sector borrowing rules, and moving forward public spending on
capital projects. Facing burgeoning public deficits and debt levels, in 2010
the CAMERON-led coalition government (between Conservatives and Liberal
Democrats) initiated a five-year austerity program, which aims to lower
London's budget deficit from over 10% of GDP in 2010 to nearly 1% by 2015. In
November 2011, Chancellor of the Exchequer George OSBORNE announced additional
austerity measures through 2017 because of slower-than-expected economic growth
and the impact of the euro-zone debt crisis. The CAMERON government raised the
value added tax from 17.5% to 20% in 2011. It has pledged to reduce the
corporation tax rate to 23% by 2015. The Bank of England (BoE)
implemented an asset purchase program of up to £325 billion (approximately $525
billion) as of February 2011. During times of economic crisis, the BoE coordinates interest rate moves with the European
Central Bank, but Britain remains outside the European Economic and Monetary
Union (EMU).
Source
: CIA
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Company Name |
BANKER
CORPORATION LTD |
Company Number |
07759934 |
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Registered Address |
37 HIGH STREET |
Trading Address |
133 Hounsditch
London EC3A 7BX, United Kingdom |
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ACTON |
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LONDON |
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W3 6ND |
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Website Address |
- |
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Telephone Number |
- |
Fax Number |
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TPS |
- |
FPS |
No |
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Incorporation Date |
02/09/2011 |
Company Status |
Active - Newly Incorporated |
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Previous Name |
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Type |
Private limited with Share Capital |
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Date of Change |
- |
Filing Date of Accounts |
- |
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Share Capital |
- |
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SIC03 |
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Currency |
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SIC03
Description |
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SIC07 |
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SIC07
Description |
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Principal
Activity |
Providing Business Services. |
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Total Current Directors |
2 |
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Total Current
Secretaries |
0 |
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Total Previous Directors
/ Company Secretaries |
1 |
Current Directors
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Name |
Date of Birth |
06/04/1956 |
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Officers Title |
Ms |
Nationality |
Indian |
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Present Appointments |
4 |
Function |
Director |
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Appointment Date |
09/11/2011 |
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Address |
37 High Street,
Acton, London, W3 6ND |
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Name |
Date of Birth |
27/10/1976 |
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Officers Title |
Mr |
Nationality |
Indian |
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Present Appointments |
1 |
Function |
Director |
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Appointment Date |
02/09/2011 |
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Address |
37 High Street,
Acton, London, W3 6ND |
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Previous
Director/Company Secretaries
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Name |
Current Directorships |
Previous Directorships |
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152 |
20051 |
CCJ
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Total Number of Exact CCJs - |
Total Value of Exact CCJs - |
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Total Number of Possible
CCJs - |
Total Value of Possible CCJs - |
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Total Number of
Satisfied CCJs - |
Total Value of Satisfied
CCJs - |
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Total Number of Writs - |
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Exact CCJ Details
There are no exact CCJ
details
Possible CCJ
Details
There are no possible CCJ
details
Writ Details
There are no writ details
Mortgage Summary
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Outstanding |
0 |
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Satisfied |
0 |
Exact CCJ Details
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No CCJs
found |
Possible CCJs Details
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There are no possible
CCJ details |
Writ Details
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No writs found |
Top 20
Shareholders
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No Shareholder Details |
Na
Statistics
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Group |
- |
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Linkages |
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Countries |
Summary
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Holding Company |
- |
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Ownership Status |
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Ultimate Holding Company
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- |
Group structure
No group structure
Key Financials
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No key Financials Registered |
Na
Status History
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No Status History found |
Event History
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Date |
Description |
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20/12/2011 |
New Board Member Ms S.V. Mody appointed |
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08/12/2011 |
New Board Member Ms S.V. Mody appointed |
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21/09/2011 |
New Board Member Mr R.H. Banker appointed |
Creditor Details
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No Creditor Data |
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Total Value |
- |
Trade Debtors /
Bad Debt Detail
|
No Debtor Data |
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Total Value |
- |
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.45 |
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UK Pound |
1 |
Rs.87.98 |
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Euro |
1 |
Rs.69.69 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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 |
---- |
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.