MIRA INFORM REPORT

 

 

Report Date :

16.04.2013

 

IDENTIFICATION DETAILS

 

Name :

YOU & ME FASHION HABERMANN OHG

 

 

Registered Office :

Stuttgarter Str. 1, D 80807 München

 

 

Country :

Germany

 

 

Date of Incorporation :

21.01.2008

 

 

Com. Reg. No.:

HRA 91640

 

 

Legal Form :

General Partnership

 

 

Line of Business :

·         Wholesaler of textiles

Retail sale of footwear

 

 

No. of Employees :

05

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate  

Payment Behaviour :

Slow but Correct 

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)

Germany

A1

A1

 

Risk Category

ECGC Classification

Insignificant

A1

Low

A2

Moderate

B1

High

B2

Very High

C1

Restricted

C2

Off-credit

D

 

 

germany - ECONOMIC OVERVIEW

 

The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Like its Western European neighbors, Germany faces significant demographic challenges to sustained long-term growth. Low fertility rates and declining net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms. Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong growth in 2006 and 2007 and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II - and its decrease to 6.0% in 2011. GDP contracted 5.1% in 2009 but grew by 3.6% in 2010, and 2.7% in 2011. The recovery was attributable primarily to rebounding manufacturing orders and exports - increasingly outside the Euro Zone. Germany's central bank projects that GDP will grow 0.6% in 2012, a reflection of the worsening euro-zone financial crisis and the financial burden it places on Germany as well as falling demand for German exports. Domestic demand is therefore becoming a more significant driver of Germany's economic expansion. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's budget deficit to 3.3% in 2010, but slower spending and higher tax revenues reduce the deficit to 1.7% in 2011, below the EU's 3% limit. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela Merkel announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany hopes to replace nuclear power with renewable energy. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its energy and 46% of its base-load electrical production.

 

Source : CIA

 

 

 


Company name

 

You & Me Fashion Habermann OHG

 

 

Company address

 

Stuttgarter Str. 1

D 80807 München

Telephone:        089/945286-0

Telefax:             089/99899430

Homepage:        www.habermann.org

E-mail:              info@habermann.org

 

 

VAT no

 

DE814820858

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

LEGAL FORM               General Partnership

Date of foundation:         21.01.2008

Registered on:               21.01.2008

Register ofcompanies:   Local court 80333 München

under:                                       HRA 91640

 

 

General partner

 

Harry Habermann

Eisensteinstr. 12

D 81679 München

born: 22.09.1962

Profession: Businessman

Marital status: single


General partner:

                      Helene Habermann

                      Eisensteinstr. 12

                      D 81679 München

                      born: 25.04.1928

                      née: Kornfeld

                      Profession: Businessman

                      Marital status: widowed

 

 

Further functions/participations of Harry Habermann (Generalpartner)

 

 General partner:

                      Helene Habermann, Harry Habermann, Roman

                      Habermann

                      Eisensteinstr. 12

                      D 81679 München

                      Legal form: Partnership under the Civil Code

 Limited partner:

                      Wilhelmstraße 23 Immobilien GmbH & Co. KG

                      Widderstr. 20

                      D 81679 München

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          1,089,235.00

                      contribution:

                      Share:             EUR          1,001,000.00

                      Registered

                      on:         05.11.2004

                      Reg. data:  80333 München, HRA 84913

 Limited partner:

                      Münzblock Vermögensverwaltungs GmbH & Co. KG

                      Liebigstr. 5

                      D 82166 Gräfelfing

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          5,882,352.92

                      contribution:

                      Share:             EUR            950,000.00

                      Registered

                      on:         13.06.2000

                      Reg. data:  80333 München, HRA 76276

 Limited partner:

                      Kaiserpaltz 5 Immobilien GmbH & Co. KG

                      Widderstr. 20

                      D 81679 München

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR            800,000.00

                      contribution:

                      Share:             EUR            752,000.00

                      Registered

                      on:         08.11.2004

                      Reg. data:  80333 München, HRA 84912

 Limited partner:

                      Naches Immobilien GmbH & Co. KG

                      Rosenthaler Str. 13

                      D 10119 Berlin

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          5,000,000.00

                      contribution:

                      Share:             EUR            750,000.00

                      Registered

                      on:         21.11.2002

                      Reg. data:  14057 Berlin, HRA 33636 B

 Limited partner:

                      Schellingstraße 23 Immobilien GmbH & Co. KG

                      Richard-Strauss-Str. 24 c/o

                      BLL

                      D 81677 München

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          1,800,000.00

                      contribution:

                      Share:             EUR            540,000.00

                      Registered

                      on:         10.04.2007

                      Reg. data:  80333 München, HRA 89985

 Limited partner:

                      Damenstiftstraße 11 Immobilien GmbH & Co. KG

                      Richard-Strauss-Str. 24 , c/o

                      BLL

                      D 81677 München

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          1,551,001.00

                      contribution:

                      Share:             EUR            465,000.00

                      Registered

                      on:         14.12.2007

                      Reg. data:  80333 München, HRA 91405

 Limited partner:

                      S & R GmbH & Co. Immobilien KG

                      Spichernstr. 24

                      D 10777 Berlin

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR             10,000.00

                      contribution:

                      Share:             EUR              5,000.00

                      Registered

                      on:         29.03.2011

                      Reg. data:  14057 Berlin, HRA 45031 B

 Limited partner:

                      Türkenstraße 52/54 Immobilien GmbH & Co. KG

                      Richard-Strauss-Str. 24 c/o

                      BLL

                      D 81677 München

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR              2,000.00

                      contribution:

                      Share:             EUR              1,000.00

                      Registered

                      on:         20.04.2006

                      Reg. data:  80333 München, HRA 87889

 Limited partner:

                      Agnesstraße 1 - 5 Immobilien GmbH & Co. KG

                      Widderstr. 20

                      D 81679 München

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR              1,000.00

                      contribution:

                      Share:             EUR                640.00

                      Registered

                      on:         14.11.2002

                      Reg. data:  80333 München, HRA 80758

 Limited partner:

                      Möhlstraße 7 Immobilien GmbH & Co. KG

                      Pienzenauerstr. 27

                      D 81679 München

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR            100,500.00

                      contribution:

                      Share:             EUR                120.00

                      Registered

                      on:         27.07.2004

                      Reg. data:  80333 München, HRA 84407

 Limited partner:

                      Pienzenauerstraße 27 Immobilien GmbH & Co.

                      KG

                      Pienzenauerstr. 27

                      D 81679 München

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR              1,000.00

                      contribution:

                      Share:             EUR                 20.00

                      Registered

                      on:         14.11.2002

                      Reg. data:  80333 München, HRA 80765

 Shareholder:

                      HA 1 Grundstücksgesellschaft mbH

                      Eisensteinstr. 12

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Share:             EUR             25,564.59

                      Registered

                      on:         06.07.1998

                      Reg. data:  80333 München, HRB 121145

 Shareholder:

                      Habermann Vermögensverwaltungs GmbH

                      Widderstr. 20

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Registered

                      on:         09.08.2007

                      Reg. data:  80333 München, HRB 169347

 Shareholder:

                      HAPERO-Herzogpark-Verwaltung GmbH

                      Widderstr. 20

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Registered

                      on:         20.11.2009

                      Reg. data:  80333 München, HRB 182531

 Shareholder:

                      HAPERO Grundstücks GmbH

                      Jägerstr. 66

                      D 10117 Berlin

                      Legal form: Private limited company

                      Share capital:     EUR             25,950.00

                      Share:             EUR             23,350.00

                      Registered

                      on:         12.01.2000

                      Reg. data:  14057 Berlin, HRB 73673 B

 Shareholder:

                      Habermann International Brands GmbH

                      Stuttgarter Str. 1

                      D 80807 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR             12,500.00

                      Registered

                      on:         28.07.2008

                      Reg. data:  80333 München, HRB 174644

 Shareholder:

                      Ritter Projektentwicklung und Bauträger GmbH

                      Südliche Münchner Str. 19

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR             12,500.00

                      Registered

                      on:         08.12.2005

                      Reg. data:  80333 München, HRB 159953

 Shareholder:

                      Naches Geschäftsführungs-GmbH

                      Rosenthaler Str. 13

                      D 10119 Berlin

                      Legal form: Private limited company

                      Share capital:     EUR             25,500.00

                      Share:             EUR              8,500.00

                      Registered

                      on:         28.10.2002

                      Reg. data:  14057 Berlin, HRB 86550 B

 Shareholder:

                      leoside GmbH

                      Richard-Strauss-Str. 24

                      D 81677 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR              7,500.00

                      Registered

                      on:         07.09.2010

                      Reg. data:  80333 München, HRB 187662

 Shareholder:

                      HCNI Projektgesellschaft mbH

                      Rosenthaler Str. 13

                      D 10119 Berlin

                      Legal form: Private limited company

                      Share capital:     EUR             30,000.00

                      Share:             EUR              5,250.00

                      Registered

                      on:         29.02.2000

                      Reg. data:  14057 Berlin, HRB 74282 B

 Manager:

                      Rauchstrasse 9-11 Vermögensverwaltung GmbH

                      Widderstr. 20

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         23.10.2006

                      Reg. data:  80333 München, HRB 164408

 Manager:

                      Rauchstrasse Zweite Beteiligungs GmbH

                      Widderstr. 20

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         24.10.2006

                      Reg. data:  80333 München, HRB 164426

 Manager:

                      Rauchstrasse Dritte Beteiligungs GmbH

                      Widderstr. 20

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         24.10.2006

                      Reg. data:  80333 München, HRB 164427

 Manager:

                      Rauchstrasse Erste Beteiligungs GmbH

                      Widderstr. 20

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         24.10.2006

                      Reg. data:  80333 München, HRB 164425

 Manager:

                      HAB Grundbesitzverwertungsgesellschaft

                      Ebersberger Straße 34 mbH

                      Eisensteinstr. 12

                      D 81679 München

                      Legal form: Private limited company

                                  dissolved

                      Share capital:     EUR             25,564.59

                      Registered

                      on:         02.12.1994

                      Reg. data:  80333 München, HRB 107979

 Manager:

                      Vermögensverwaltung Berlin GmbH

                      Südliche Münchner Str. 19

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         25.08.2011

                      Reg. data:  80333 München, HRB 193742

 Manager:

                      HAPERO Grundstücks GmbH

                      Jägerstr. 66

                      D 10117 Berlin

                      Legal form: Private limited company

                      Share capital:     EUR             25,950.00

                      Registered

                      on:         12.01.2000

                      Reg. data:  14057 Berlin, HRB 73673 B

 Manager:

                      HA 1 Grundstücksgesellschaft mbH

                      Eisensteinstr. 12

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Registered

                      on:         06.07.1998

                      Reg. data:  80333 München, HRB 121145

 Manager:

                      Sendlinger Straße 46 Beteiligungs GmbH

                      Widderstr. 20

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         16.05.2012

                      Reg. data:  80333 München, HRB 198814

 Manager:

                      Janus Immobilien Verwaltungs GmbH

                      Widderstr. 20

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         08.07.2004

                      Reg. data:  80333 München, HRB 153123

 Manager:

                      Rauchstraße 9-11 Immobilien GmbH

                      Widderstr. 20

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         02.05.2006

                      Reg. data:  80333 München, HRB 162074

 Manager:

                      Habermann Vermögensverwaltungs GmbH

                      Widderstr. 20

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         09.08.2007

                      Reg. data:  80333 München, HRB 169347

 Manager:

                      Damenstift Projektentwicklungs GmbH

                      Richard-Strauss-Str. 24

                      D 81677 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         18.09.2007

                      Reg. data:  80333 München, HRB 169933

 Manager:

                      HAPERO-Herzogpark-Verwaltung GmbH

                      Widderstr. 20

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         20.11.2009

                      Reg. data:  80333 München, HRB 182531

 Manager:

                      L53 Immobilien GmbH

                      Richard-Strauss-Str. 24

                      D 81677 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         12.10.2009

                      Reg. data:  80333 München, HRB 181777

 Manager:

                      Nieto Verwaltungs GmbH

                      Südliche Münchner Str. 19

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         08.11.2011

                      Reg. data:  80333 München, HRB 195215

 Manager:

                      Mondstein 276. GmbH

                      D 80331 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         02.03.2011

                      Reg. data:  80333 München, HRB 190836

 Manager:

                      Leo206 Vermögensverwaltung GmbH

                      Südliche Münchner Str. 19

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         11.11.2011

                      Reg. data:  80333 München, HRB 195316

 Manager:

                      Oranienburger Straße 45 GmbH

                      Widderstr. 20

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         23.03.2012

                      Reg. data:  80333 München, HRB 197813

 Proxy:

                      Nockher Bauträger GmbH

                      Eisensteinstr. 12

                      D 81679 München

                      Legal form: Private limited company

                                  dissolved

                      Share capital:     EUR             25,564.59

                      Registered

                      on:         08.02.1999

                      Reg. data:  80333 München, HRB 124127

 

 

Further functions/participations of Helene Habermann (General partner)

 

Proprietor:

                      Josef Habermann

                      Eisensteinstr. 12

                      D 81679 München

                      Legal form: Sole proprietorship dissolved

                      Registered

                      on:         13.05.1950

                      Reg. data:  80333 München, HRA 10264

 General partner:

                      Helene Habermann, Harry Habermann, Roman

                      Habermann

                      Eisensteinstr. 12

                      D 81679 München

                      Legal form: Partnership under the Civil Code

 Limited partner:

                      Naches Immobilien GmbH & Co. KG

                      Rosenthaler Str. 13

                      D 10119 Berlin

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          5,000,000.00

                      contribution:

                      Share:             EUR            250,000.00

                      Registered

                      on:         21.11.2002

                      Reg. data:  14057 Berlin, HRA 33636 B

 Limited partner:

                      Wilhelmstraße 23 Immobilien GmbH & Co. KG

                      Widderstr. 20

                      D 81679 München

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR          1,089,235.00

                      contribution:

                      Share:             EUR             88,235.00

                      Registered

                      on:         05.11.2004

                      Reg. data:  80333 München, HRA 84913

 Limited partner:

                      Kaiserpaltz 5 Immobilien GmbH & Co. KG

                      Widderstr. 20

                      D 81679 München

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR            800,000.00

                      contribution:

                      Share:             EUR             48,000.00

                      Registered

                      on:         08.11.2004

                      Reg. data:  80333 München, HRA 84912

 Limited partner:

                      Möhlstraße 7 Immobilien GmbH & Co. KG

                      Pienzenauerstr. 27

                      D 81679 München

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR            100,500.00

                      contribution:

                      Share:             EUR              5,880.00

                      Registered

                      on:         27.07.2004

                      Reg. data:  80333 München, HRA 84407

 Limited partner:

                      Pienzenauerstraße 27 Immobilien GmbH & Co.

                      KG

                      Pienzenauerstr. 27

                      D 81679 München

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR              1,000.00

                      contribution:

                      Share:             EUR                100.00

                      Registered

                      on:         14.11.2002

                      Reg. data:  80333 München, HRA 80765

 Shareholder:

                      HH Immobilien-Service GmbH

                      Widderstr. 20

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Registered

                      on:         29.03.2011

                      Reg. data:  80333 München, HRB 191288

 Shareholder:

                      L53 Immobilien GmbH

                      Richard-Strauss-Str. 24

                      D 81677 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Share:             EUR              2,750.00

                      Registered

                      on:         12.10.2009

                      Reg. data:  80333 München, HRB 181777

 Shareholder:

                      HAPERO Grundstücks GmbH

                      Jägerstr. 66

                      D 10117 Berlin

                      Legal form: Private limited company

                      Share capital:     EUR             25,950.00

                      Share:             EUR              2,600.00

                      Registered

                      on:         12.01.2000

                      Reg. data:  14057 Berlin, HRB 73673 B

 Manager:

                      HH Immobilien-Service GmbH

                      Widderstr. 20

                      D 81679 München

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         29.03.2011

                      Reg. data:  80333 München, HRB 191288

 Liquidator:

                      Nockher Bauträger GmbH

                      Eisensteinstr. 12

                      D 81679 München

                      Legal form: Private limited company

                                  dissolved

                      Share capital:     EUR             25,564.59

                      Registered

                      on:         08.02.1999

                      Reg. data:  80333 München, HRB 124127

 

 

COMPANY HISTORY

 

 21.01.2008 - 22.06.2009  You & Me Fashion Habermann OHG

                          Eisensteinstr. 12

                          D 81679 München

                          General Partnership

 

 

BUSINESS ACTIVITIES

 

Main industrial sector

 4641    Wholesale of textiles

47721   Retail sale of footwear

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

Negative information:      We have no negative information at hand.

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Stuttgarter Str. 1

                                    D 80807 München

 

 Real Estate of:              Helene Habermann

 Type of ownership:        proprietor

 Share:                          100.00 %

 Address                       Eisensteinstr. 12

                                    D 81679 München

 Type of real estate:       residential and business location

 Value at selling price:    EUR          1,534,000.00

 

 Land register documents were not available.

 

 

BANKERS

 

A bank connection is unknown.

 

 

FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:            2011               EUR            650,000.00

                      2012               EUR            700,000.00

 further business figures:

 Employees:                                                      5

 

The aforementioned business figures may partly be estimated information based on average values in the line of business.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.63

UK Pound

1

Rs.83.70

Euro

1

Rs.71.42

 

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.