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Report Date : |
19.04.2013 |
IDENTIFICATION DETAILS
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Name : |
YASH ENTERPRISES NV |
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Registered Office : |
55 A, Back Street,
Philipsburg |
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Country : |
St. Maarten |
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Date of Incorporation : |
Not Available |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Not available |
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Line of Business : |
Importer and distributor
of Amul Products |
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No. of Employees : |
Not available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
Saint Maarten - ECONOMIC OVERVIEW
The economy of Saint Martin centers around tourism with 85% of the labor force engaged in this sector. Over one million visitors come to the island each year with most arriving through the Princess Juliana International Airport in Saint Maarten. No significant agriculture and limited local fishing means that almost all food must be imported. Energy resources and manufactured goods are also imported, primarily from Mexico and the United States. Saint Martin is reported to have the highest per capita income in the Caribbean
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Source : CIA |
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Special Municipality of The Netherlands
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Currency: 100.00 ANG = 55.8659 USD
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Legal Name: |
YASH ENTERPRISES NV |
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Trade Name: |
YASH ENTERPRISES |
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Legal Address |
55 A, Back Street,
PHILIPSBURG, SAINT MAARTEN |
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Operative Address |
55 A, Back Street,
PHILIPSBURG, SAINT MAARTEN |
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Telephone: |
NA |
Registration Number : |
NA |
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Fax: |
NA |
Legal Form: |
NA |
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Email: |
Registered in: |
St Maarten |
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Website: |
NA |
Date Created: |
NA |
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Manager: |
NA |
Date Incorporated: |
NA |
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Staff: |
NA |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Importer and distributor
of Amul Products |
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PRINCIPAL ACTIVITY |
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Importer and distributor of Amul Products |
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Sales are: |
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Wholesale |
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Clients: |
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Professionals of the
industry. |
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Operations area: |
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National |
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Comments on staff: |
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Despite our efforts we
were unable to determine the number of employees for the company. |
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LOCATION |
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Headquarters |
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55 A, Back Street,
PHILIPSBURG, SAINT MAARTEN |
Manager - Related Companies
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Shareholders Parent
Company(ies): |
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This is a private company
and we were unable to determine its main shareholders. |
COMMERCIAL TRENDS AND
FORECAST
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As a private company the
subject does not publish any financial statements. |
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Comments on the financial data: Despite our efforts we were unable to find any financial information
on the company. |
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Legal Filings |
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The sources consulted record no
detrimental legal or labor court information. |
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Local credit bureau gave a low credit rate. |
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Final Opinion |
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This is a small company based in St Maarten that engages business as a
distributor. We were unable to find much more information on the company. We suggest not dealing on a credit line at this time. |
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Profitability |
N.A. |
Public |
NO |
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Indebtedness |
N.A. |
Payments |
N.A. |
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Cash |
N.A. |
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Comments |
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We were unable to find
contact information for the company. We sent an email but there has been no
response as of today. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.54.03 |
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UK Pound |
1 |
Rs.82.43 |
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Euro |
1 |
Rs.70.49 |
INFORMATION DETAILS
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Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.