MIRA INFORM REPORT

 

 

Report Date :

27.09.2012

 

IDENTIFICATION DETAILS

 

Name :

POMODORO CLOTHING COMPANY LIMITED 

 

 

Registered Office :

5a Bathurst Street, London  W2 2sd

 

 

Country :

United Kingdom 

 

 

Financials (as on) :

31.03.2011

 

 

Date of Incorporation :

06.03.1992

 

 

Com. Reg. No.:

02694440

 

 

Legal Form :

Private limited with Share Capital

 

 

Line of Business :

Wholesale of clothing & footwear

 

 

No. of Employees :

Not Available 

 

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)

United Kingdom 

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

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

 

REGISTERED NAME & COMPANY SUMMARY

 

Company Name

POMODORO CLOTHING COMPANY LIMITED

Company Number

02694440

Registered Address

5A BATHURST STREET

LONDON

W2 2SD

Trading Address

Unit C
St. Leonards Road
London
London
NW10 6ST

 

 

 

 

 

 

Business address

Pomodoro House, St. Leonards Road, London, United Kingdom, United Kingdom 

 

 

Website Address

http://www.pomodoroclothing.com

 

 

Telephone Number

-

Fax Number

 

TPS

-

FPS

No

Incorporation Date

06/03/1992

Company Status

Active - Accounts Filed

Previous Name

 

Type

Private limited with Share Capital

Date of Change

-

Filing Date of Accounts

23/02/2012

 

 

Share Capital

£100

SIC03

5142

Currency

GBP

SIC03 Description

WHOLESALE OF CLOTHING & FOOTWEAR

SIC07

46420

SIC07 Description

WHOLESALE OF CLOTHING AND FOOTWEAR

Principal Activity

Importing, wholesaling and retailing of ladies fashion wear.

 

 

DIRECTORS/MANAGEMENT

 

Current Directors

Name

Hemant Puri

Date of Birth

09/06/1959

Officers Title

Mr

Nationality

British

Present Appointments

6

Function

Director

Appointment Date

06/03/1992

 

 

Address

15 Manor House Drive,  Brondesbury Park,  London,  NW6 7DE

Other Actions

View Director Report

View Consumer Report

View Trace Report

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Name

Balram Puri

Date of Birth

21/11/1926

Officers Title

Mr

Nationality

British

Present Appointments

4

Function

Director

Appointment Date

12/05/1992

 

 

Address

39 Sudbury Court Drive,  ,  Harrow,  HA1 3SZ

Other Actions

View Director Report

View Consumer Report

View Trace Report

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Name

Noreen Puri

Date of Birth

23/02/1966

Officers Title

Ms

Nationality

British

Present Appointments

7

Function

Director

Appointment Date

06/03/1992

 

 

Address

15 Manor House Drive,  Brondesbury Park,  London,  NW6 7DE

Other Actions

View Director Report

View Consumer Report

View Trace Report

Disqualified

 

Disqualified End Date

 

Disqualification Exception

No

 

 

 

Current Company Secretary

Name

Noreen Puri

Date of Birth

23/02/1966

Officers Title

Ms

Nationality

British

Present Appointments

7

Function

Company Secretary

Appointment Date

06/03/1992

 

 

Address

15 Manor House Drive,  Brondesbury Park,  London,  NW6 7DE

 

Previous Director/Company Secretaries

Name

Current Directorships

Previous Directorships

Damyanti Puri

1

3

MBC NOMINEES LIMITED

568

8294

MBC SECRETARIES LIMITED

567

8292

 

 

NEGATIVE INFORMATION

 

CCJ

Total Number of Exact CCJs -

0

Total Value of Exact CCJs -

Total Number of Possible CCJs -

0

Total Value of Possible CCJs -

Total Number of Satisfied CCJs -

0

Total Value of Satisfied CCJs -

Total Number of Writs -

-

 

 

 

Exact CCJ Details

No CCJs found

 

Possible CCJs Details

There are no possible CCJ details

 

Writ Details

No writs found

 

Mortgage Summary

Outstanding

8

Satisfied

1

 

Mortgage Details

Mortgage Type:

ALL ASSETS DEBENTURE

Date Charge Created:

08/07/11

 

 

Date Charge Registered:

12/07/11

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

RBS INVOICE FINANCE LIMITED

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLU DING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY

 

Mortgage Type:

LEGAL MORTGAGE

Date Charge Created:

01/02/02

 

 

Date Charge Registered:

09/02/02

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

HSBC BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

UNIT C ST LEONARDS RD,LONDON NW10 6ST WITH THE BENEFIT OF ALL RIGHTS LICENCES GUARANTEES RENT DEPOSI TS CONTRACTS DEEDS UNDERTAKINGS AND WARRANTIES RELATINGTO THE PROPERTY ANY SHARES OR MEMBERSHIP RIGH TS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY ANY GOODWILL OF ANY BUSINESSFROM TIME TO TIME CARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER MONEY PAYABLEUNDER ANY LEASE LICENCE OR OTHER INTEREST CREAT ED IN RESPECT OF THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECTOF THE PROPERTY

 

Mortgage Type:

RENT DEPOSIT DEED

Date Charge Created:

29/03/01

 

 

Date Charge Registered:

06/04/01

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

K/S CATERHAM

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER A LEASE OF EVEN DATE

Details:

MONIES STANDING FROM TIME TO TIME TO THE CREDIT OF AN ACCOUNT AT THE BANKOF SCOTLAND

 

Mortgage Type:

LEGAL MORTGAGE

Date Charge Created:

04/02/00

 

 

Date Charge Registered:

12/02/00

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

HSBC BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

PROPERTY K/A UNIT B3 ST LEONARDS ROAD PARK ROYAL LONDON WITH THE BENEFIT OF ALL RIGHTS LICENCES GUAR ANTEES RENT DEPOSITS CONTRACTS DEEDS UNDERTAKINGS AND WARRANTIES RELATINGTO THE PROPERTY ANY SHARES OR MEMBERSHIP RIGHTS IN ANY MANAGEMENT COMPANY FOR THE PROPERTY ANY GOODWILL OF ANY BUSINESSFROM TIM E TO TIME CARRIED ON AT THE PROPERTY ANY RENTAL AND OTHER MONEY PAYABLEUNDER ANY LEASE LICENCE OR OT HER INTEREST CREATED IN RESPECT OF THE PROPERTY AND ALL OTHER PAYMENTS WHATEVER IN RESPECTOF THE PRO PERTY

 

Mortgage Type:

CHARGE OVER DEPOSIT ACCOUNT

Date Charge Created:

06/01/00

 

 

Date Charge Registered:

13/01/00

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

BANK OF INDIA

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

ANY MONEYS STANDING TO THE CREDIT OF THE COMPANY WITH ANY AGENTS OF THE BANK

 

Mortgage Type:

DEBENTURE

Date Charge Created:

22/12/97

 

 

Date Charge Registered:

24/12/97

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

MIDLAND BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

FIXED AND FLOATING CHARGES OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE INCLU DING GOODWILL BOOKDEBTS UNCALLED CAPITAL BUILDINGS FIXTURESFIXED PLANT AND MACHINERY SEE THE MORTGAG E CHARGE DOCUMENT FOR FULL DETAILS

 

Mortgage Type:

CHARGE OVER DEPOSIT ACCOUNT

Date Charge Created:

26/04/95

 

 

Date Charge Registered:

27/04/95

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

BANK OF INDIA

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

THE BALANCE ON STERLING DEPOSIT ACCOUNTNO. FD 000243 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAI LS

 

Mortgage Type:

CHARGE OVER CREDIT BALANCES

Date Charge Created:

17/03/94

 

 

Date Charge Registered:

25/03/94

 

 

Date Charge Satisfied:

21/10/94

 

 

Status:

SATISFIED

 

 

Person(s) Entitled:

NATIONAL WESTMINSTER BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

THE SUM OF £25,600.00 TOGETHER WITH INTEREST ACCURED NOW OR TO BE HELD BY NATIONAL WESTMINSTER BANK PLC ON AN ACCOUNT NUMBERED 26024217

 

Mortgage Type:

CHARGE OVER CREDIT BALANCES

Date Charge Created:

15/04/93

 

 

Date Charge Registered:

19/04/93

 

 

Date Charge Satisfied:

-

 

 

Status:

OUTSTANDING

 

 

Person(s) Entitled:

NATIONAL WESTMINSTER BANK PLC

Amount Secured:

ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

Details:

THE SUM OF US$10716.46 TOGETHER WITH INTEREST ACCRUED NOW OR TO BE HELD BY NATIONAL WESTMINSTER BANK PLC ON AN ACCOUNT NUMBERED 140/01/03593932 AND EARMARKED OR DESIGNATED BY REFERENCE TO THE COMPANY.

 

SHARE & SHARE CAPITAL INFORMATION

 

Top 20 Shareholders

Name

Individual Share Value

KRISTAN LTD

100 ORDINARY GBP 1.00

Share Capital

£100

Currency

GBP

 

 

PAYMENT INFORMATION

 

Payment Information Summary

Days Beyond Terms

Trend Indicator

                       Average Payment Experience  

 

 

N/A

10

Company DBT

UK Average DBT

Steady

   

Improving Worsening

Be the first to leave a payment experience
for this company
Within Terms

 

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Statistics

Group

3 companies

Linkages

0 companies

Countries

In 0 countries

Summary

Holding Company

KRISTAN LIMITED

Ownership Status

Wholly Owned

Ultimate Holding Company

KRISTAN LIMITED

 

Group structure

Company Name

 

Registered Number

Latest Key Financials

Consol. Accounts

Limit

Turnover

KRISTAN LIMITED

 

04991587

31.03.2011

N

£1,000

 

TANYA COLLECTIONS LIMITED

 

04021060

31.03.2011

N

£500

 

POMODORO CLOTHING COMPANY LI...

 

02694440

31.03.2011

N

£60,000

 

 

Statistics

Group

3 companies

Linkages

0 companies

Countries

In 0 countries

Summary

Holding Company

KRISTAN LIMITED

Ownership Status

Wholly Owned

Ultimate Holding Company

KRISTAN LIMITED

 

Statistics

Group

3 companies

Linkages

0 companies

Countries

In 0 countries

 

 

FINANCIAL INFORMATION

 

Key Financials

Year to Date

Turnover

Pre Tax Profit

Shareholder Funds

Employees

31/03/2011

-

-

£651,521

-

31/03/2010

-

-

£594,375

-

31/03/2009

-

-

£532,834

-

 

Profit & Loss

Date Of Accounts

31/03/11

(%)

31/03/10

(%)

31/03/09

(%)

31/03/08

(%)

31/03/07

Weeks

52

(%)

52

(%)

52

(%)

52

(%)

52

Currency

GBP

(%)

GBP

(%)

GBP

(%)

GBP

(%)

GBP

Consolidated A/cs

N

(%)

N

(%)

N

(%)

N

(%)

N

Turnover

-

-

-

-

-

-

-

-

£3,637,005

Export

-

-

-

-

-

-

-

-

-

Cost of Sales

-

-

-

-

-

-

-

-100%

£2,459,695

Gross Profit

-

-

-

-

-

-

-

-

£1,177,310

Wages & Salaries

-

-

-

-

-

-

-

-

£437,086

Directors Emoluments

-

-

-

-

-

-

-

-

£76,362

Operating Profit

-

-

-

-

-

-

-

-

£178,573

Depreciation

£25,871

-

£25,871

3.7%

£24,947

1.1%

£24,668

-16%

£29,374

Audit Fees

-

-

-

-

-

-

-

-

-

Interest Payments

-

-

-

-

-

-

-

-

£39,232

Pre Tax Profit

-

-

-

-

-

-

-

-

£141,652

Taxation

-

-

-

-

-

-

-

-

-£35,557

Profit After Tax

-

-

-

-

-

-

-

-

£106,095

Dividends Payable

-

-

-

-

-

-

-

-

£20,000

Retained Profit

-

-

-

-

-

-

-

-

£86,095

 

Balance Sheet

Date Of Accounts

31/03/11

(%)

31/03/10

(%)

31/03/09

(%)

31/03/08

(%)

31/03/07

Tangible Assets

£22,704

-53.3%

£48,575

-25.5%

£65,208

-25.4%

£87,368

-19.2%

£108,122

Intangible Assets

0

-

0

-

0

-

0

-

0

Total Fixed Assets

£22,704

-53.3%

£48,575

-25.5%

£65,208

-25.4%

£87,368

-19.2%

£108,122

Stock

£415,296

35.7%

£305,942

-35.5%

£474,389

166.2%

£178,230

24.8%

£142,815

Trade Debtors

£1,491,237

29.9%

£1,147,970

40.5%

£817,059

-23.5%

£1,068,659

-0.5%

£1,074,078

Cash

£195,676

46.5%

£133,594

3.6%

£128,931

3.9%

£124,115

-50.9%

£252,761

Other Debtors

£23,990

3.5%

£23,186

6.6%

£21,745

999.9%

£1,200

-97.3%

£44,229

Miscellaneous Current Assets

0

-

0

-

0

-

0

-

0

Total Current Assets

£2,126,199

32%

£1,610,692

11.7%

£1,442,124

5.1%

£1,372,204

-9.4%

£1,513,883

Trade Creditors

£1,364,698

42.3%

£959,338

26.8%

£756,418

18.1%

£640,335

-27.9%

£888,122

Bank Loans & Overdrafts

0

-

0

-

0

-

0

-

0

Other Short Term Finance

0

-

0

-

0

-100%

£57,584

-

0

Miscellaneous Current Liabilities

£132,684

25.7%

£105,554

-51.6%

£218,080

57.7%

£138,287

-21.5%

£176,238

Total Current Liabilities

£1,497,382

40.6%

£1,064,892

9.3%

£974,498

16.5%

£836,206

-21.4%

£1,064,360

Bank Loans & Overdrafts and LTL

0

-

0

-

0

-

0

-

0

Other Long Term Finance

0

-

0

-

0

-

0

-

0

Total Long Term Liabilities

0

-

0

-

0

-

0

-

0

 

Capital & Reserves

Date Of Accounts

31/03/11

(%)

31/03/10

(%)

31/03/09

(%)

31/03/08

(%)

31/03/07

Called Up Share Capital

£100

-

£100

-

£100

-

£100

-

£100

P & L Account Reserve

£651,421

9.6%

£594,275

11.6%

£532,734

-14.5%

£623,266

11.8%

£557,545

Revaluation Reserve

-

-

-

-

-

-

-

-

-

Sundry Reserves

-

-

-

-

-

-

-

-

-

Shareholder Funds

£651,521

9.6%

£594,375

11.5%

£532,834

-14.5%

£623,366

11.8%

£557,645

 

Other Financial Items

Date Of Accounts

31/03/11

(%)

31/03/10

(%)

31/03/09

(%)

31/03/08

(%)

31/03/07

Net Worth

£651,521

9.6%

£594,375

11.5%

£532,834

-14.5%

£623,366

11.8%

£557,645

Working Capital

£628,817

15.2%

£545,800

16.7%

£467,626

-12.8%

£535,998

19.2%

£449,523

Total Assets

£2,148,903

29.5%

£1,659,267

10.1%

£1,507,332

3.3%

£1,459,572

-10%

£1,622,005

Total Liabilities

£1,497,382

40.6%

£1,064,892

9.3%

£974,498

16.5%

£836,206

-21.4%

£1,064,360

Net Assets

£651,521

9.6%

£594,375

11.5%

£532,834

-14.5%

£623,366

11.8%

£557,645

 

Miscellaneous

Date Of Accounts

31/03/11

(%)

31/03/10

(%)

31/03/09

(%)

31/03/08

(%)

31/03/07

Contingent Liability

NO

-

NO

-

NO

-

NO

-

NO

Capital Employed

£651,521

9.6%

£594,375

11.5%

£532,834

-14.5%

£623,366

11.8%

£557,645

 

Ratios

Date Of Accounts

31/03/11

31/03/10

31/03/09

31/03/08

31/03/07

Pre-tax profit margin %

-

-

-

-

3.89

Current ratio

1.42

1.51

1.48

1.64

1.42

Sales/Net Working Capital

-

-

-

-

8.09

Gearing %

0

0

0

0

0

Equity in %

30.30

35.80

35.30

42.70

34.40

Creditor Days

-

-

-

-

88.89

Debtor Days

-

-

-

-

107.50

Liquidity/Acid Test

1.14

1.22

0.99

1.42

1.29

Return On Capital Employed %

-

-

-

-

25.40

Return On Total Assets Employed %

-

-

-

-

8.73

Current Debt Ratio

2.29

1.79

1.82

1.34

1.90

Total Debt Ratio

2.29

1.79

1.82

1.34

1.90

Stock Turnover Ratio %

-

-

-

-

3.93

Return on Net Assets Employed %

-

-

-

-

 

 

 

ADDITIONAL INFORMATION

 

SIC03

5142

SIC03 Description

WHOLESALE OF CLOTHING & FOOTWEAR

SIC07

46420

SIC07 Description

WHOLESALE OF CLOTHING AND FOOTWEAR

Principal Activity

Importing, wholesaling and retailing of ladies fashion wear.

 

Previous Company Names

No Previous Names found

 

Number of Employees

-

-

-

-

-

-

-

-

24

Auditors

 

Auditor Comments

The company is exempt from audit

Bankers

HSBC BANK PLC

Bank Branch Code

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.53.58

UK Pound

1

Rs.86.60

Euro

1

Rs.68.94

 

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

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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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.