|
Report Date : |
12.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
RAIMUNDO &
MAIA LDA |
|
|
|
|
Registered Office : |
Estrada da
Chaqueda Prazeres De Aljubarrota 2460-601-Aljubarrota (Prazeres) Alcobaca
Leiria |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
16.05.1946 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Wholesale of grain, seeds, pulses, oilseeds and other agricultural raw materials |
|
|
|
|
No. of Employees : |
80 |
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 (31.03.2011) |
Current Rating (30.06.2012) |
|
Portugal |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
PORTUGAL - ECONOMIC OVERVIEW
Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the past two decades, successive governments have privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country qualified for the Economic and Monetary Union (EMU) in 1998 and began circulating the euro on 1 January 2002 along with 11 other EU members. The economy had grown by more than the EU average for much of the 1990s, but fell back in 2001-08, and contracted 2.5% in 2009, before growing 1.3% in 2010. But GDP fell again in 2011, as the government implemented austerity measures, including a 5% public salary cut, a 2% increase in the value-added tax, and an extraordinary tax on yearend bonuses to comply with conditions of an EU-IMF financial rescue package agreed to in May 2011. GDP per capita stands at roughly two-thirds of the EU-27 average. A rigid labor market has been an obstacle to greater productivity and growth. Portugal also has been increasingly overshadowed by lower-cost producers in Central Europe and Asia as a destination for foreign direct investment. Portugal's low competitiveness, low growth prospects, and high levels of public debt have made it vulnerable to bond market turbulence. The government reduced the budget deficit from 10.1% of GDP in 2009 to 4.5% in 2011, an achievement made possible only by the extraordinary revenues obtained from the one-time transfer of bank pension funds to the social security system. Investors, however, continue to express concern about the government's ability to achieve future budget deficit targets and obtain foreign financing to cover its sovereign debt obligations when the EU-IMF financing program expires in 2013. Without the option for stimulus measures, the government is focusing instead on boosting exports and implementing labor market and other structural reforms to try to raise GDP growth and increase Portugal's competitiveness - which, over time, may help mitigate investor concerns.
Source
: CIA
|
Name |
RAIMUNDO &
MAIA LDA |
|
V.A.T. Number /
NIF |
500226237 |
|
Address |
Estrada da
Chaqueda |
|
Locality |
Prazeres De
Aljubarrota |
|
Postal Code |
2460-601-ALJUBARROTA
(PRAZERES) |
|
Municipality |
ALCOBACA |
|
District |
LEIRIA |
|
Telephone |
262505340 |
|
Fax |
262597522 |
|
E-Mail |
ramaia@mail.telepac.pt |
|
Web Site |
www.raimundomaia.com |
|
|
|
|
C.A.E.(Rev 3) |
46214- Wholesale
of grain, seeds, pulses, oilseeds and other agricultural raw materials |
|
|
|
All the amounts are express in Euros, otherwise you will be advised |
|
ARMANDO MANUEL
SANCHES FERREIRA DA SILVA |
Managing-Partner
|
|
SALVADOR DE OLIVEIRA
MAIA |
Managing-Partner
|
|
Registed on the
Register Record Office of Alcobaca with the Register Number 500226237
previous number 145 in 16-05-1946 |
|
Constitution celebrated
in 16-05-1946 published on Diário da República number 132 of 08-07-1946 |
|
To oblige the
company it is necessary 2 signature |
|
Changes to
Society |
|
In 15-03-2013
on Portal MJ of 04-04-2013 manager change |
|
|
In 27-02-2013 on
Portal MJ of 11-03-2013 increase of capital |
|
|
In 11-10-2012
on Portal MJ of 17-10-2012 increase and redenomination of capital |
|
|
In 06-11-1993
on Portal MJ of 04-04-2013 manager change |
|
|
In 11-07-1989
on Diário da República number 184 of 11-08-1989 increase of capital Clique para ver detalhes
|
|
The Capital is
7.481.968,52 |
|
|
with the
following distribution |
|
MARIA CAROLINA
SANCHES FERREIRA DA SILVA RIBEIRO |
584.528,78 |
7,812% |
|
ARMANDO MANUEL
SANCHES FERREIRA DA SILVA |
2.455.020,98 |
32,813% |
|
PEDRO MANUEL
DOMINGUES TRINDADE OLIVEIRA MAIA |
748.196,86 |
10% |
|
PAULO FILIPE
DOMINGUES TRINDADE DE OLIVEIRA MAIA |
748.196,86 |
10% |
|
JOAO CARLOS DOMINGUES
TRINDADE OLIVEIRA MAIA |
748.196,86 |
10% |
|
SALVADOR DE
OLIVEIRA MAIA |
1.496.393,68 |
20% |
|
ISABEL TEODORA
SANCHES FERREIRA SOUSA SANTOS |
584.528,78 |
7,812% |
|
|
|
|
Name |
MARIA CAROLINA
SANCHES FERREIRA DA SILVA RIBEIRO |
|
Funtion |
Partner |
|
Address |
Rua do Castelo,
nº3, 2º |
|
Locality |
Alcobaca |
|
Civil State |
Married |
|
Consort |
Martinho da Avo
Ribeiro |
|
Professional
Connections |
The subject has
connections with the following company (ies) |
|
|
CISTER-INDUSTRIA
DE PRODUTOS ALIMENTARES LDA as Partner with a participation of 159.787,50 ,
in a capital of 1.925.150,58 . |
|
|
|
|
Name |
ARMANDO MANUEL
SANCHES FERREIRA DA SILVA |
|
Funtion |
Managing-Partner
|
|
Address |
Rua do Castelo,
3-1º |
|
Locality |
Alcobaca |
|
Birth Date |
1948 |
|
Naturality |
Alcobaça |
|
Civil State |
Married |
|
Consort |
Ana Maria de
Jesus Duarte da Silva |
|
Professional
Connections |
The subject has
connections with the following company (ies) |
|
|
SOCIEDADE AGRO-PECUARIA
DA ASSANHA LDA as Managing-Partner with a participation of 2.493,99 , in a
capital of 7.481,97 . |
|
|
LPL-LEGUMINOSAS
PORTUGAL LDA as Managing-Partner with a participation of 75.000,00 , in a
capital of 225.000,00 . |
|
|
CISTER-INDUSTRIA
DE PRODUTOS ALIMENTARES LDA as Managing-Partner with a participation of
643.000,29 , in a capital of 1.925.150,58 . |
|
|
|
|
Name |
PEDRO MANUEL
DOMINGUES TRINDADE OLIVEIRA MAIA |
|
Funtion |
Partner |
|
Address |
Avenida Eng.
Bernardo Vila Nova |
|
Locality |
Alcobaca |
|
Birth Date |
01-11-1961 |
|
Naturality |
Alcobaça |
|
Civil State |
Married |
|
Consort |
Maria Irene
Alves da Rocha Maia |
|
Previous
Connections |
O titular foi
sócio na firma Sociedade Agrícola Casal Lisboa Lda |
|
Professional Connections
|
The subject has
connections with the following company (ies) |
|
|
QUINTA DO MATAO
LDA as Managing-Partner with a participation of 5.000,00 , in a capital of
10.000,00 . |
|
|
AGROALCOA-SOCIEDADE
AGRICOLA LDA as Managing-Partner with a participation of 5.000,00 , in a
capital of 10.000,00 . |
|
|
CISTER-INDUSTRIA
DE PRODUTOS ALIMENTARES LDA as Partner with a participation of 192.515,05 ,
in a capital of 1.925.150,58 . |
|
|
FRUBACA-COOPERATIVA
DE HORTOFRUTICULTORES CRL as Direction President . |
|
|
|
|
Name |
PAULO FILIPE
DOMINGUES TRINDADE DE OLIVEIRA MAIA |
|
Funtion |
Partner |
|
Address |
Rua Engenheiro
Duarte Vila Nova, 2 - 1º |
|
Locality |
Alcobaca |
|
Birth Date |
26-05-1964 |
|
Naturality |
Alcobaça |
|
Civil State |
Divorced |
|
Professional
Connections |
The subject has
connections with the following company (ies) |
|
|
MUNDINAQUA-PRODUTOS
ALIMENTARES E CULTURAS MARINHAS LDA as Managing-Partner with a participation of
2.500,00 , in a capital of 5.000,00 . |
|
|
CISTER-INDUSTRIA
DE PRODUTOS ALIMENTARES LDA as Partner with a participation of 192.515,05 ,
in a capital of 1.925.150,58 . |
|
|
|
|
Name |
JOAO CARLOS
DOMINGUES TRINDADE OLIVEIRA MAIA |
|
Funtion |
Partner |
|
Address |
Rua Dr.
Brilhante, nº22-B, Edifício S.Bernardo, 9º |
|
Locality |
Alcobaca |
|
Birth Date |
01-09-1966 |
|
Naturality |
Lisboa |
|
Civil State |
Married |
|
Consort |
Liliana João
Pereira Matos |
|
Professional
Connections |
The subject has
connections with the following company (ies) |
|
|
QUINTA DO MATAO
LDA as Managing-Partner with a participation of 5.000,00 , in a capital of
10.000,00 . |
|
|
AGROALCOA-SOCIEDADE
AGRICOLA LDA as Managing-Partner with a participation of 5.000,00 , in a capital
of 10.000,00 . |
|
|
CISTER-INDUSTRIA
DE PRODUTOS ALIMENTARES LDA as Managing-Partner with a participation of
192.515,05 , in a capital of 1.925.150,58 . |
|
|
FRUBACA-COOPERATIVA
DE HORTOFRUTICULTORES CRL as Fiscal Board Vice-President . |
|
|
|
|
Name |
SALVADOR DE
OLIVEIRA MAIA |
|
Funtion |
Managing-Partner
|
|
Address |
Rua Manuel
Vieira Natividade, 33 |
|
Locality |
Alcobaca |
|
Birth Date |
1937 |
|
Naturality |
Esgueira -
Aveiro |
|
Civil State |
Married |
|
Consort |
Maria Ilidia Domingues
Trindade Maia |
|
Professional
Connections |
The subject has
connections with the following company (ies) |
|
|
MUNDINAQUA-PRODUTOS
ALIMENTARES E CULTURAS MARINHAS LDA as Managing-Partner with a participation
of 2.500,00 , in a capital of 5.000,00 . |
|
|
LPL-LEGUMINOSAS
PORTUGAL LDA as Managing-Partner with a participation of 75.000,00 , in a
capital of 225.000,00 . |
|
|
CISTER-INDUSTRIA
DE PRODUTOS ALIMENTARES LDA as Partner with a participation of 385.030,14 ,
in a capital of 1.925.150,58 . |
|
|
|
|
Name |
ISABEL TEODORA
SANCHES FERREIRA SOUSA SANTOS |
|
Funtion |
Partner |
|
Address |
Rua Miguel
Bombarda, nº18 |
|
Locality |
Alcobaca |
|
Naturality |
Alcobaça |
|
Civil State |
Married |
|
Consort |
Vitor Manuel de
Sousa Santos |
|
Professional
Connections |
The subject has
connections with the following company (ies) |
|
|
CISTER-INDUSTRIA
DE PRODUTOS ALIMENTARES LDA as Partner with a participation of 159.787,50 ,
in a capital of 1.925.150,58 . |
|
Line of Business |
Percentage |
|
Trade and transformation of cereals and legumes |
100% |
|
Type of Clients
|
Retailers/Wholesalers
|
|
|
|
Sales
Conditions |
Cash/credit |
|
|
|
Sales Area |
|
|
|
|
Country |
50% |
Foreign |
50% |
|
Exports |
50% |
to |
REPUBLICA DA AFRICA DO SUL,ANGOLA,CABO VERDE,ESPANHA,ESTADOS UNIDOS DA
AMERICA,FRANÇA,GRECIA,ITALIA,JAPÃO,LUXEMBURGO,MOÇAMBIQUE |
|
Trade Marks |
|
Cister |
|
Alcoa |
|
BANCO BPI, SA |
Centro de
Empresas de Leiria |
|
MILLENNIUM BCP |
Leiria-Empresas |
|
CAIXA GERAL DE
DEPOSITOS, SA |
Gabinete de
Empresas das Caldas |
|
Legal Actions |
|
Date |
Process |
Author |
Type |
Amount |
Judicial
District |
Court |
Situation |
|
03-11-2011 |
231582/11.8YIPRT |
S.V.S. - Santos & Vale - Serviços de Logística e Transportes Lda. |
Especial
Cump.Obrig. Pecuniarias DL 269/98 |
5.101,94 |
Loures -
Tribunal de Família e Menores e de Comarca |
|
|
|
21-12-2010 |
1121/10.7TTLRA |
João Manuel Ferreira Fernandes |
Acção de
Processo Comum |
29.665,81 |
Leiria -
Tribunal do Trabalho |
|
|
|
Total |
80 |
|
Trade Mark |
Quantity |
License Number |
|
Uma frota de |
20 |
|
|
Império Bonança
Companhia de Seguros SA |
|
Had
installations Rua 16 de Outubro, 3 - 5 - 5 - A, Alcobaca, 2460, ALCOBACA |
|
Head office Rua
Dom Pedro V, nº39 , Alcobaca, 2460, ALCOBACA, onde não possui instalações |
|
Factory owned
Estrada da Chaqueda - Prazeres Aljubarrota, Prazeres De Aljubarrota,
2460-601, ALJUBARROTA (PRAZERES), Tel:262505340, Fax:262597522 |
|
Office owned Rua
Cintura Porto de Lisboa, Modulo F - Bloco 3, Lisboa, 1950-323, LISBOA,
Tel:218682842, Fax:218682871 |
|
Had
installations Lugar dos Antigos Armazéns Cofta Telefone: 262 577 872, Vale De
Frades, 5230, VALE DE FRADES |
|
Event |
General
Description |
|
|
Existe ainda
uma quota em comum e sem determinação de parte ou direito no valor de
116.905,72 pertencente aos sócios Isabel Teodora Sanches Ferreira Sousa
Santos, Maria Carolina Sanches Ferreira da Silva Ribeiro e Armando Manuel Sanches
Ferreira da Silva. |
|
Balance Sheet SNC |
||
|
CoinEURO |
|
Date31-12-2011 |
|
|
||
|
Closing Date |
31-12-2011 |
31-12-2010 |
31-12-2009 |
Variação (%) |
|
|
|
|||
|
ASSET |
|
|||
|
|
|
|
|
|
|
Non-current assets
|
|
|||
|
Tangible fixed
assets |
12.066.168,43 |
12.432.743,47 |
4.885.911,44 |
(2,95) |
|
Investment
properties |
1.107.737,70 |
931.737,70 |
305.928,31 |
18,89 |
|
Intangible
assets |
2.645,00 |
|
|
|
|
Financial participations
- other methods |
394.033,26 |
1.603.315,21 |
|
(75,42) |
|
Total |
13.570.584,39 |
14.967.796,38 |
5.191.839,75 |
(9,33) |
|
|
|
|
|
|
|
Current assets |
|
|
||
|
Inventories |
12.071.383,37 |
12.000.284,52 |
7.529.254,62 |
0,59 |
|
Costumers |
11.522.228,77 |
13.864.420,48 |
14.806.561,36 |
(16,89) |
|
Advances to
suppliers |
1.408.094,75 |
1.992.106,24 |
182.928,26 |
(29,32) |
|
State and other
public entities |
611.321,38 |
702.285,17 |
105.000,00 |
(12,95) |
|
Other accounts receivable
|
3.023.026,28 |
32.253,10 |
250.196,80 |
9.272,82 |
|
Deferrals |
340.846,65 |
144.926,91 |
489.871,85 |
135,19 |
|
Other financial
assets |
|
|
1.457.128,00 |
|
|
Cashier and
bank deposits |
225.341,50 |
193.040,23 |
154.830,54 |
16,73 |
|
Total |
29.202.242,70 |
28.929.316,65 |
24.975.771,43 |
0,94 |
|
TOTAL ASSET |
42.772.827,09 |
43.897.113,03 |
30.167.611,18 |
(2,56) |
|
|
|
|
|
|
|
SHAREHOLDERS
FUNDS AND LIABILITIES |
|
|
||
|
|
|
|
|
|
|
SHAREHOLDERS
FUNDS |
|
|
||
|
Capital |
7.481.968,46 |
7.481.968,46 |
7.481.968,46 |
|
|
Legal reserves |
529.897,39 |
442.322,39 |
282.044,39 |
19,80 |
|
Net retained |
4.003.876,48 |
2.339.958,52 |
214.209,97 |
71,11 |
|
Revaluation
surplus |
5.306.064,53 |
5.575.839,02 |
383.352,34 |
(4,84) |
|
Total |
17.321.806,86 |
15.840.088,39 |
8.361.575,16 |
9,35 |
|
Net income for
the period |
1.445.960,37 |
1.751.492,96 |
3.245.795,46 |
(17,44) |
|
TOTAL OF
SHAREHOLDERS FUNDS |
18.767.767,23 |
17.591.581,35 |
11.607.370,62 |
6,69 |
|
|
|
|
|
|
|
LIABILITY |
|
|
||
|
|
|
|
|
|
|
Non-current
liiabilities |
|
|
||
|
Financing
obtained |
3.985.118,14 |
12.112.500,00 |
8.600.000,00 |
(67,10) |
|
Diferred taxes
liabilities |
2.367.965,41 |
2.367.965,41 |
|
|
|
Other payable
accounts |
|
421.486,41 |
512.536,66 |
|
|
Total |
6.353.083,55 |
14.901.951,82 |
9.112.536,66 |
(57,37) |
|
|
|
|
|
|
|
Current
liabilities |
|
|
||
|
Suppliers |
2.314.135,29 |
3.553.529,04 |
913.216,31 |
(34,88) |
|
Advances from
costumers |
62.626,47 |
62.626,47 |
62.626,47 |
|
|
State and other
public entities |
580.524,95 |
499.610,92 |
905.843,17 |
16,20 |
|
Shareholders/partners
|
|
|
2,02 |
|
|
Financing
obtained |
12.837.146,81 |
2.271.423,21 |
2.098.199,22 |
465,16 |
|
Other payable
accounts |
1.845.542,79 |
4.995.389,77 |
5.221.812,96 |
(63,06) |
|
Deferrals |
12.000,00 |
21.000,45 |
246.003,75 |
(42,86) |
|
Total |
17.651.976,31 |
11.403.579,86 |
9.447.703,90 |
54,79 |
|
TOTAL
LIABILITIES |
24.005.059,86 |
26.305.531,68 |
18.560.240,56 |
(8,75) |
|
TOTAL
SHAREHOLDERS FUNDS AND LIABILITIES |
42.772.827,09 |
43.897.113,03 |
30.167.611,18 |
(2,56) |
|
|
|
|
|
|
|
INCOME
STATEMENT |
|
|
||
|
|
|
|
|
|
|
INCOME AND
EXPENSES |
|
|
||
|
Sales and
services |
45.490.194,67 |
35.365.638,80 |
41.745.582,96 |
28,63 |
|
Operating
government grants |
7.906,54 |
1.564,53 |
982,78 |
405,36 |
|
Gains/losses
allocated subsidiaries, associates and joint ventures |
(30,00) |
|
|
|
|
Cost of goods
sold and materials consumed |
35.907.422,14 |
28.543.875,37 |
31.758.966,04 |
25,80 |
|
Suppliers and
external services |
2.855.917,86 |
2.762.066,58 |
2.365.667,10 |
3,40 |
|
Personnel costs
|
1.826.169,38 |
1.713.375,53 |
1.558.096,39 |
6,58 |
|
Impairment of
receivables (losses/revearsals) |
113.962,48 |
49.876,20 |
111.743,03 |
128,49 |
|
Provisions
(increases/reductions) |
|
(325,00) |
(4.659,11) |
|
|
Impairment of
investments not depreciable/amortizable (losses/reversals) |
1.257.508,59 |
21.901,24 |
|
5.641,72 |
|
Increases/decreases
in fair value |
|
630.797,37 |
|
|
|
Other income
and gains |
434.451,30 |
446.555,34 |
248.041,44 |
(2,71) |
|
Other expenses
and losses |
1.258.831,28 |
297.362,82 |
637.974,73 |
323,33 |
|
Result before
depreciation, financing costs and taxes |
2.712.710,78 |
3.056.423,30 |
5.566.819,00 |
(11,25) |
|
Expenses/reversals
of depreciation and amortization |
414.639,66 |
431.411,27 |
643.179,88 |
(3,89) |
|
Operating
result (before financing costs and taxes) |
2.298.071,12 |
2.625.012,03 |
4.923.639,12 |
(12,45) |
|
interest and
similar expenses incurred |
357.339,85 |
455.598,66 |
562.876,01 |
(21,57) |
|
Net before
taxes |
1.940.731,27 |
2.169.413,37 |
4.360.763,11 |
(10,54) |
|
Income tax of
the period |
494.770,90 |
417.920,41 |
1.114.967,65 |
18,39 |
|
Net profit for
the period |
1.445.960,37 |
1.751.492,96 |
3.245.795,46 |
(17,44) |
|
Closing Date |
31-12-2011 |
31-12-2010 |
31-12-2009 |
|
|
|
|
|||
|
TURNOVER RATIOS
|
|
|||
|
Shareholder's
Funds Profitability |
0,077 |
0,1 |
0,28 |
|
|
Assets
Profitability |
0,054 |
0,06 |
0,163 |
|
|
Sales Net
Profitability |
0,032 |
0,05 |
0,078 |
|
|
|
|
|
|
|
|
EFFICIENCY
RATIOS |
|
|
||
|
Medium Term
Receivable |
92,451 |
143,091 |
129,46 |
|
|
Asset Rotation |
1,064 |
0,806 |
1,384 |
|
|
|
|
|
|
|
|
PRODUCTIVITY
RATIOS |
|
|
||
|
Productivity |
5,247 |
3,981 |
6,409 |
|
|
|
|
|
|
|
|
SHORT TERM
RATIOS |
|
|
||
|
General
Liquidity |
1,654 |
2,537 |
2,644 |
|
|
Reduced
Liquidity |
0,97 |
1,485 |
1,847 |
|
|
Immediate
Liquidity |
0,013 |
0,017 |
0,016 |
|
|
|
|
|
|
|
|
MEDIUM LONG
TERM RATIOS |
|
|
||
|
Financial
Autonomy |
0,439 |
0,401 |
0,385 |
|
|
Solvability |
0,782 |
0,669 |
0,625 |
|
|
Borrowed
Capital Structure |
0,735 |
0,434 |
0,509 |
|
|
General Debt |
0,896 |
0,818 |
0,922 |
|
|
Medium Long
Term Debt |
0,212 |
0,689 |
0,741 |
|
|
Debt Structure |
0,735 |
0,434 |
0,509 |
|
|
Capital
Structure |
2,954 |
1,18 |
1,274 |
|
|
|
|
|
|
|
|
Operational and
Financial Risk |
|
|
||
|
Operational
Leverage Level |
4,17 |
2,599 |
2,028 |
|
|
Financial
Leverage Level |
1,184 |
1,21 |
1,129 |
|
|
Combined
Leverage Level |
4,937 |
3,145 |
2,29 |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.53 |
|
|
1 |
Rs.83.59 |
|
Euro |
1 |
Rs.71.33 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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.