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Report Date : |
27.09.2012 |
IDENTIFICATION DETAILS
|
Name : |
VALENTA ZT S.R.O. |
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Formerly Known As : |
Rolmat
s.r.o. |
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Registered Office : |
Varšavská
30/249, 120 00 Praha 2 |
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Country : |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
12.03.2002 |
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Com. Reg. No.: |
C/86821 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacture of fasteners and screw machine products |
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No. of Employees : |
28 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 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
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A2 |
A2 |
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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 |
The
|
Source : CIA |
Valenta ZT s.r.o.
Varšavská
30/249
120 00 Praha 2
telephone: 00420/ 315 698 020
telefax: 00420/ 315 696 868
e-mail: prodej@valentazt.cz
Web: www.valentazt.cz
|
Company
development |
Constant company
development |
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Order situation |
Good course of
business |
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Terms of payment |
mostly within
agreed terms, but partly also delayed |
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Business
connection |
Business
connections appear permissible |
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Legal form |
Private limited company |
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Foundation |
12/03/2002 - Private limited company |
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Comp. Register |
12/03/2002, Městský soud v
Praze, RegNr.: C/86821 |
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Share Capital |
12/03/2002 |
CZK |
200 000,- |
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|
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Shareholders |
Štěpán
Valenta (16.01.1967) |
CZK |
200 000,- |
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Management |
Štěpán
Valenta (16.01.1967) |
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General Data |
Manufacture and sale of threaded rods as
well as of special binding material. Wholesale of binding material. |
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Main activity: |
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Former name(s) |
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Trade name(s) |
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Export: |
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||
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Address: |
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Nedomická 494, 277 16 Všetaty |
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Záhřebská 154/30, 120 00 Praha
2 |
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business
locations: |
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Staff |
2008 |
20 employees |
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2010 |
19 employees |
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2012 |
28 employees |
|||||
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Annual Sales |
2007 |
actual sales |
CZK |
0,- |
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|
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2008 |
actual sales |
CZK |
72 749 000,- |
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2009 |
actual sales |
CZK |
145 361 000,- |
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2010 |
actual sales |
CZK |
181 088 000,- |
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2011 |
actual sales |
CZK |
223 226 000,- |
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Property |
Property of the shareholder: Business
premises |
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Balance sheets |
The enclosed balance of 2011 company's own
data, -. (31.12.2011 - 1 CZK) |
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|
The enclosed profit/loss account of 2011
company's own data, it is authenticated by the auditor. (31.12.2011 - 1 CZK) |
||||
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Auditor |
Ing. Dalibor
Šulc (Statistical number: 49521021) |
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Remarks |
All the sources
of negative data accessible to public (insolvency registers, databases of debtors
of health insurance institutions, commercial bulletin, collection database
and others) are currently monitored. |
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Business management: |
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Bankers |
Citibank Europe plc, organizační
složka |
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Copyright:
s.r.o. Praha |
This information is addressed exclusively to the addressee. Contractor obligates to provide updated information. Although it is always put maximum effort to collect actual and exact information, it is not confirmed as delinquency if there are particular inaccurateness contained within the information, which are not considered as essential in terms of the objective for which the information is provided to the addressee. Contractor and recipient conform to the rules of the Name and Description Security Act, Nub.101/2000. According to the Name and Description Security Act, recipient has the right to process or to use forwarding data only for the purpose for which information has been sent to the recipient. Usage for other purpose is acceptable only in case referring to valid regulations of the above mentioned act. |
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Balance |
31.12.2008 (CZK) |
31.12.2009 (CZK) |
31.12.2010 (CZK) |
31.12.2011 (CZK) |
|
r1 |
TOTAL ASSETS |
127 630 000 |
120 571 000 |
134 864 000 |
177 873 000 |
|
r2 |
Receivables for subscriptions |
0 |
0 |
0 |
0 |
|
r3 |
Fixed assets |
27 299 000 |
32 719 000 |
34 404 000 |
33 227 000 |
|
r4 |
Intangible fixed
assets |
0 |
0 |
0 |
0 |
|
r13 |
Tangible fixed
assets |
7 199 000 |
12 619 000 |
16 304 000 |
17 627 000 |
|
r14 |
Lands |
|
|
0 |
0 |
|
r15 |
Constructions |
|
|
0 |
44 000 |
|
r16 |
Equipment |
|
|
16 195 000 |
17 382 000 |
|
r20 |
Tangible fixed assets under construction |
|
|
54 000 |
138 000 |
|
r21 |
Advance payments for tangible fixed assets |
|
|
55 000 |
63 000 |
|
r23 |
Long-term
financial assets |
20 100 000 |
20 100 000 |
18 100 000 |
15 600 000 |
|
r28 |
Other financial investments |
|
|
18 100 000 |
15 600 000 |
|
r31 |
Current assets |
100 308 000 |
87 761 000 |
100 272 000 |
144 556 000 |
|
r32 |
Inventory |
86 382 000 |
52 078 000 |
76 666 000 |
119 352 000 |
|
r33 |
Materials |
|
|
9 764 000 |
15 826 000 |
|
r34 |
Work in progress and semi-products |
|
|
136 000 |
103 000 |
|
r35 |
Finished products |
|
|
4 288 000 |
7 336 000 |
|
r37 |
Merchandise |
|
|
61 962 000 |
94 429 000 |
|
r38 |
Advance payments for inventory |
|
|
516 000 |
1 658 000 |
|
r39 |
Long-term
receivables |
0 |
0 |
0 |
0 |
|
r48 |
Short-term
receivables |
10 992 000 |
11 624 000 |
15 117 000 |
18 988 000 |
|
r49 |
Trade receivables |
|
|
15 059 000 |
18 473 000 |
|
r50 |
Receivables from controlled and managed
organizations |
|
|
58 000 |
57 000 |
|
r55 |
Short-term deposits given |
|
|
|
435 000 |
|
r57 |
Other receivables |
|
|
|
23 000 |
|
r58 |
Short-term financial
assets |
2 934 000 |
24 059 000 |
8 489 000 |
6 216 000 |
|
r59 |
Cash |
|
|
357 000 |
57 000 |
|
r60 |
Bank accounts |
|
|
8 132 000 |
6 159 000 |
|
r63 |
Accruals |
23 000 |
91 000 |
188 000 |
90 000 |
|
r64 |
Deferred expenses |
|
|
188 000 |
90 000 |
|
r67 |
TOTAL
LIABILITIES |
127 630 000 |
120 571 000 |
134 864 000 |
177 873 000 |
|
r68 |
Equity |
7 577 000 |
15 479 000 |
29 665 000 |
53 277 000 |
|
r69 |
Registered
capital |
200 000 |
200 000 |
200 000 |
200 000 |
|
r70 |
Registered capital |
|
|
200 000 |
200 000 |
|
r73 |
Capital funds |
0 |
0 |
0 |
0 |
|
r78 |
Reserve funds,
statutory reserve account for cooperatives, and other retained earnings |
0 |
20 000 |
20 000 |
20 000 |
|
r79 |
Legal reserve fund / indivisible fund |
|
|
20 000 |
20 000 |
|
r81 |
Profit / loss -
previous years |
-28 000 |
7 357 000 |
14 730 000 |
29 445 000 |
|
r82 |
Retained earnings from previous years |
|
|
14 730 000 |
29 445 000 |
|
r84 |
Profit / loss -
current year (+/-) |
7 405 000 |
7 902 000 |
14 715 000 |
23 612 000 |
|
r85 |
Other sources |
119 576 000 |
104 320 000 |
104 140 000 |
123 616 000 |
|
r86 |
Reserves |
0 |
0 |
0 |
0 |
|
r91 |
Long-term
payables |
0 |
0 |
87 864 000 |
87 312 000 |
|
r93 |
Payables to controlled and managed
organizations |
|
|
82 396 000 |
81 219 000 |
|
r100 |
Other payables |
|
|
4 688 000 |
4 985 000 |
|
r101 |
Deferred tax liability |
|
|
780 000 |
1 108 000 |
|
r102 |
Short-term
payables |
98 610 000 |
99 728 000 |
16 276 000 |
24 504 000 |
|
r103 |
Trade payables |
|
|
13 012 000 |
19 532 000 |
|
r107 |
Payroll |
|
|
536 000 |
632 000 |
|
r108 |
Payables to social securities and health
insurance |
|
|
313 000 |
382 000 |
|
r109 |
Due from state - tax liabilities and
subsidies |
|
|
2 077 000 |
3 919 000 |
|
r110 |
Short-term deposits received |
|
|
|
27 000 |
|
r112 |
Estimated payables |
|
|
310 000 |
9 000 |
|
r113 |
Other payables |
|
|
28 000 |
3 000 |
|
r114 |
Bank loans and
financial accommodations |
20 966 000 |
4 592 000 |
0 |
11 800 000 |
|
r115 |
Long-term bank loans |
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|
0 |
0 |
|
r116 |
Short-term bank loans |
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|
0 |
11 800 000 |
|
r117 |
Short-term accommodations |
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|
0 |
0 |
|
r118 |
Accruals |
477 000 |
772 000 |
1 059 000 |
980 000 |
|
r119 |
Accrued expenses |
|
|
1 059 000 |
980 000 |
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|
profit/loss
account |
31.12.2008 (CZK) |
31.12.2009 (CZK) |
31.12.2010 (CZK) |
31.12.2011 (CZK) |
|
a1 |
Turnover |
72 749 000 |
145 361 000 |
181 088 000 |
223 226 000 |
|
a2 |
Revenues from sold goods |
55 190 000 |
115 742 000 |
143 274 000 |
171 325 000 |
|
a3 |
Expenses on sold goods |
41 333 000 |
99 609 000 |
114 296 000 |
130 814 000 |
|
a4 |
|
13 857 000 |
16 133 000 |
28 978 000 |
40 511 000 |
|
a5 |
Production |
17 559 000 |
29 619 000 |
37 261 000 |
54 916 000 |
|
a6 |
Revenues from own products and services |
|
|
37 814 000 |
51 901 000 |
|
a7 |
Change in inventory of own products |
|
|
-553 000 |
3 015 000 |
|
a9 |
Production
consumption |
17 145 000 |
25 635 000 |
31 929 000 |
44 208 000 |
|
a10 |
Consumption of material and energy |
|
|
14 369 000 |
26 525 000 |
|
a11 |
Services |
|
|
17 560 000 |
17 683 000 |
|
a12 |
Added value |
14 271 000 |
20 117 000 |
34 310 000 |
51 219 000 |
|
a13 |
Personnel
expenses |
3 965 000 |
8 683 000 |
11 547 000 |
15 424 000 |
|
a14 |
Wages and salaries |
|
|
8 485 000 |
11 400 000 |
|
a16 |
Social security expenses and health
insurance |
|
|
2 826 000 |
3 787 000 |
|
a17 |
Other social expenses |
|
|
236 000 |
237 000 |
|
a18 |
Taxes and fees |
9 000 |
25 000 |
40 000 |
72 000 |
|
a19 |
Depreciations of intangible and tangible
assets |
510 000 |
1 942 000 |
3 551 000 |
4 542 000 |
|
a20 |
Revenues from disposals
of fixed assets and materials |
36 000 |
170 000 |
343 000 |
109 000 |
|
a22 |
Revenues from disposals of materials |
|
|
343 000 |
109 000 |
|
a23 |
Net book value
of disposed fixed assets and materials |
0 |
0 |
0 |
0 |
|
a26 |
Change in operating reserves and
adjustments and complex deferred costs ( + / - ) |
0 |
14 000 |
443 000 |
176 000 |
|
a27 |
Other operating revenues |
19 000 |
92 000 |
46 000 |
466 000 |
|
a28 |
Other operating expenses |
64 000 |
158 000 |
327 000 |
311 000 |
|
a29 |
Transfer of operating revenues |
0 |
0 |
|
|
|
a30 |
Transfer of operating expenses |
0 |
0 |
|
|
|
a31 |
Operating profit
/ loss |
9 778 000 |
9 557 000 |
18 791 000 |
31 269 000 |
|
a32 |
Revenues from sales of securities and ownership
interests |
0 |
0 |
|
|
|
a33 |
Sold securities and ownership interests |
0 |
0 |
|
|
|
a34 |
Revenues from
long-term financial assets |
0 |
0 |
|
|
|
a38 |
Revenues from short-term financial assets |
0 |
0 |
|
|
|
a39 |
Expenses associated with financial assets |
0 |
0 |
|
|
|
a40 |
Revenues from revaluation of securities
and derivatives |
0 |
0 |
|
|
|
a41 |
Cost of revaluation of securities and
derivatives |
0 |
0 |
|
|
|
a42 |
Change in financial reserves and
adjustments ( + / - ) |
0 |
0 |
|
|
|
a43 |
Interest revenues |
0 |
16 000 |
4 000 |
0 |
|
a44 |
Interest expenses |
261 000 |
485 000 |
153 000 |
654 000 |
|
a45 |
Other financial revenues |
1 625 000 |
1 379 000 |
1 284 000 |
2 075 000 |
|
a46 |
Other financial expenses |
2 040 000 |
1 009 000 |
1 666 000 |
3 458 000 |
|
a47 |
Transfer of financial revenues |
0 |
0 |
|
|
|
a48 |
Transfer of financial expenses |
0 |
0 |
|
|
|
a49 |
Profit / loss
from financial operations ( transactions ) |
-676 000 |
-99 000 |
-531 000 |
-2 037 000 |
|
a50 |
Income tax on
ordinary income |
1 697 000 |
1 556 000 |
3 545 000 |
5 620 000 |
|
a51 |
Due tax |
|
|
3 294 000 |
5 292 000 |
|
a52 |
Tax deferred |
|
|
251 000 |
328 000 |
|
a53 |
Operating profit
/ loss ordinary activity |
7 405 000 |
7 902 000 |
14 715 000 |
23 612 000 |
|
a54 |
Extraordinary revenues |
0 |
0 |
|
|
|
a55 |
Extraordinary expenses |
0 |
0 |
|
|
|
a56 |
Income tax on
extraordinary income |
0 |
0 |
|
|
|
a59 |
Operating profit
/ loss extraordinary activity |
0 |
0 |
0 |
0 |
|
a60 |
Transfer profit ( loss ) to partners (+/-) |
0 |
0 |
|
|
|
a61 |
Profit / loss of
current accounting period (+/-) |
7 405 000 |
7 902 000 |
14 715 000 |
23 612 000 |
|
a62 |
Profit / loss
before tax (+/-) |
9 102 000 |
9 458 000 |
18 260 000 |
29 232 000 |
|
|
Receivables
after due date total |
5 378 000 |
5 718 000 |
7 513 000 |
|
|
|
Liabilities
after due date total |
220 000 |
65 000 |
3 023 000 |
|
|
Balance indices |
|
31.12.2008 |
31.12.2009 |
31.12.2010 |
31.12.2011 |
|
Return on total assets ROA (in %) |
a62/r1 * 100 |
7,13 |
7,84 |
13,54 |
16,43 |
|
Return on equity ROE (in %) |
a62/r68 * 100 |
120,13 |
61,10 |
61,55 |
54,87 |
|
Return on sales ROS (in %) |
a62/a1 * 100 |
12,51 |
6,51 |
10,08 |
13,10 |
|
Turnover of receivables (in days) |
r49/a1 * 365 |
n/a |
n/a |
30,35 |
30,21 |
|
Turnover of liabilities (in days) |
r103/a1 * 365 |
n/a |
n/a |
26,23 |
31,94 |
|
Turnover of inventories (days) |
r32/a1 * 365 |
433,40 |
130,77 |
154,53 |
195,15 |
|
Net working capital (in ths. CZK) |
r31 - r102 - r116 - r117 |
1 698,00 |
-11 967,00 |
83 996,00 |
108 252,00 |
|
Ratio of accounts payable to accounts
receivable (in %) |
(r39+r48) / (r91+r102) * 100 |
11,15 |
11,66 |
14,52 |
16,98 |
|
Ratio of profit/loss to tangible assets
(in%) |
r3 / a1 * 100 |
37,52 |
22,51 |
19,00 |
14,88 |
|
Current ratio |
r31 / (r102+r116+r117) |
n/a |
n/a |
6,16 |
3,98 |
|
Quick ratio |
(r58+r48) / (r102+r116+r117) |
0,14 |
0,36 |
1,45 |
0,69 |
|
Cash ratio |
r58 / (r102+r116+r117) |
n/a |
n/a |
0,52 |
0,17 |
|
Debt ratio I (in %) |
(1-r68/r67) * 100 |
94,06 |
87,16 |
78,00 |
70,05 |
|
Debt ratio II (in %) |
r85/r67 * 100 |
93,69 |
86,52 |
77,22 |
69,50 |
|
|
|||||
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.58 |
|
|
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 |
---- |
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.