|
Report Date : |
11.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
WIRTGEN GMBH |
|
|
|
|
Registered Office : |
Reinhard-Wirtgen-Str. 2 D 53578 Windhagen |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
29.06.2000 |
|
|
|
|
Com. Reg. No.: |
HRB 14080 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacture of other general-purpose machinery |
|
|
|
|
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 (31.03.2011) |
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
Wirtgen GmbH
Company Status: active
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Telephone:02645/1310
Telefax: 02645/131279
Homepage:
www.wirtgen.de
E-mail: info@wirtgen.de
DE812999435
LEGAL FORM Private limited company
Date of foundation: 2000
Shareholders'
agreement: 23.05.2000
Registered on: 29.06.2000
Commercial Register: Local
court 56410 Montabaur
under: HRB
14080
EUR 50,000,000.00
Wirtgen
Beteiligungsgesellschaft mbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form: Private limited
company
Share
capital: EUR 25,000,000.00
Share: EUR 50,000,000.00
Registered
on: 22.06.1973
Reg. data:
56410 Montabaur, HRB 10492
Profit
transfer agreement
Manager:
Jürgen
Wirtgen
Wied 1
D 53577
Neustadt
having sole
power of representation
born: 26.02.1965
Profession:
Businessman
Manager:
Stefan
Wirtgen
Klaushof 1
D 53560
Vettelschoß
having sole
power of representation
born: 01.07.1970
Profession:
Engineer
Marital
status: married
Manager:
Reimund
Felderhoff
D 45128 Essen
authorized to
jointly represent the company
born:
20.01.1959
Profession:
Businessman
Manager:
Dr. Günther
Robert Hähn
D 53639
Königswinter
authorized to
jointly represent the company
born:
02.09.1957
Marital
status: unknown
Proxy:
Franz Sales
Mantel
D 53577
Neustadt
authorized to
jointly represent the company
born: 01.04.1951
Proxy:
Michael Bous
D 53721
Siegburg
authorized to
jointly represent the company
born:
07.01.1960
FURTHER
FUNCTIONS/PARTICIPATIONS OF JÜRGEN WIRTGEN (MANAGER)
General partner:
Jürgen
Wirtgen Vermögens OHG
Wied 1
D 53577
Neustadt
Legal form:
General Partnership
Registered
on:
31.10.2007
Reg.
data: 56410 Montabaur, HRA 20467
General partner:
Stefan
Wirtgen Vermögens OHG
Klaushof 1
D 53560
Vettelschoß
Legal form:
General Partnership
Registered
on: 31.10.2007
Reg.
data: 56410 Montabaur, HRA 20468
Limited partner:
Wirtgen Group
GmbH & Co. KG
Reinhard-Wirtgen-Str.
2
D 53578
Windhagen
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 569,614.40
contribution:
Share: EUR 227,845.76
Registered
on: 13.10.1987
Reg.
data: 56410 Montabaur, HRA 11108
Limited partner:
Wirtgen Grundbesitzgesellschaft
mbH & Co. KG
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 51,129.19
contribution:
Share: EUR 23,008.13
Registered
on: 17.05.1990
Reg.
data: 56410 Montabaur, HRA 11704
Limited partner:
Opernpassagen
GmbH & Co. KG
Schwertnergasse 1
D 50667 Köln
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 15,000.00
contribution:
Share: EUR 5,625.00
Registered
on: 19.12.2012
Reg.
data: 50939 Köln, HRA 29579
Limited partner:
JSW Solar
(zwei) GmbH & Co. KG
Reinhard-Wirtgen-Str. 2
D 53578 Windhagen
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: 29.03.2010
Reg.
data: 56410 Montabaur, HRA 20894
Limited partner:
Bazaar de
Cologne Gesellschaft mbH & Co. KG
Mittelweg
14-18
D 50859 Köln
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 15,000.00
contribution:
Share: EUR 5,000.00
Registered
on: 17.11.2010
Reg.
data: 50939 Köln, HRA 28074
Shareholder:
JW Immobilien
GmbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 07.01.2008
Reg.
data: 56410 Montabaur, HRB 20965
Shareholder:
Wirtgen
Komplementär GmbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share
capital: EUR 30,000.00
Share: EUR 14,250.00
Registered
on: 24.09.1987
Reg.
data: 56410 Montabaur, HRB 11917
Shareholder:
Wirtgen
Grundbesitz-Beteiligungsgesellschaft
mbH
Hohner Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share
capital: EUR 25,600.00
Share: EUR 12,800.00
Registered
on: 19.12.1990
Reg.
data: 56410 Montabaur, HRB 12333
Shareholder:
Opernpassagen
Service Gesellschaft mbH
Schwertnergasse 1
D 50667 Köln
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 06.12.2012
Reg.
data: 50939 Köln, HRB 77124
Shareholder:
Stefan
Wirtgen Immobilien GmbH
Hohner Str. 2
D 53578
Windhagen
Legal form: Private limited company
Share
capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 18.02.2004
Reg. data: 56410 Montabaur, HRB 14806
Shareholder:
JSW Solar
(zwei) Verwaltungs-GmbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share
capital: EUR 37,500.00
Share: EUR 12,500.00
Registered
on: 26.03.2010
Reg.
data: 56410 Montabaur, HRB 22076
Shareholder:
Bazaar de
Cologne Parkhausgesellschaft mbH
Mittelstr.
12-14
D 50672 Köln
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 28.12.2010
Reg.
data: 50939 Köln, HRB 71182
Shareholder:
Opernpassagen Verwaltungsgesellschaft mbH
Schwertnergasse 1
D 50667 Köln
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Share: EUR 9,375.00
Registered
on: 14.12.2012
Reg.
data: 50939 Köln, HRB 77236
Shareholder:
Bazaar de
Cologne Verwaltungsgesellschaft
mbH
Mittelstr.
12-14
D 50672 Köln
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Share: EUR 8,333.00
Registered
on: 23.12.2010
Reg.
data: 50939 Köln, HRB 71151
Manager:
Wirtgen
Beteiligungsgesellschaft mbH
Reinhard-Wirtgen-Str.
2
D 53578
Windhagen
Legal form:
Private limited company
Share
capital: EUR 25,000,000.00
Registered
on: 22.06.1973
Reg.
data: 56410 Montabaur, HRB 10492
Manager:
Wirtgen
Komplementär GmbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form: Private
limited company
Share
capital: EUR 30,000.00
Registered
on: 24.09.1987
Reg.
data: 56410 Montabaur, HRB 11917
Manager:
Wirtgen
Grundbesitz-Beteiligungsgesellschaft
mbH
Hohner Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share
capital: EUR 25,600.00
Registered
on: 19.12.1990
Reg.
data: 56410 Montabaur, HRB 12333
Manager:
ERSEG GmbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share
capital: EUR 50,000.00
Registered
on: 25.03.1993
Reg.
data: 56410 Montabaur, HRB 13917
Manager:
Wirtgen Grund
und Boden GmbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Registered
on: 24.07.2006
Reg.
data: 56410 Montabaur, HRB 20388
Manager:
Wirtgen Used
Equipment GmbH
Reinhard-Wirtgen-Str.
2
D 53578
Windhagen
Legal form:
Private limited company
Share
capital: EUR 100,000.00
Registered
on: 21.12.1999
Reg. data: 56410 Montabaur, HRB 13962
Manager:
JW Immobilien
GmbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share capital: EUR 25,000.00
Registered
on: 07.01.2008
Reg.
data: 56410 Montabaur, HRB 20965
Manager:
JSW Solar
(zwei) Verwaltungs-GmbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share
capital: EUR 37,500.00
Registered
on:
26.03.2010
Reg.
data: 56410 Montabaur, HRB 22076
Manager:
Opernpassagen
Verwaltungsgesellschaft mbH
Schwertnergasse 1
D 50667 Köln
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Registered
on: 14.12.2012
Reg.
data: 50939 Köln, HRB 77236
President of the
Supervisory Board:
Hamm AG
Hammstr. 1
D 95643
Tirschenreuth
Legal form:
Public limited company
Share
capital: EUR 20,800,887.00
Registered
on: 21.10.1997
Reg.
data: 92637 Weiden, HRB 1851
FURTHER
FUNCTIONS/PARTICIPATIONS OF STEFAN WIRTGEN (MANAGER)
General partner:
Jürgen
Wirtgen Vermögens OHG
Wied 1
D 53577
Neustadt
Legal form:
General Partnership
Registered
on: 31.10.2007
Reg.
data: 56410 Montabaur, HRA 20467
General partner:
Stefan Wirtgen Vermögens
OHG
Klaushof 1
D 53560
Vettelschoß
Legal form:
General Partnership
Registered
on: 31.10.2007
Reg. data: 56410 Montabaur, HRA 20468
Limited partner:
Wirtgen Group
GmbH & Co. KG
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 569,614.40
contribution:
Share: EUR 227,845.76
Registered
on: 13.10.1987
Reg.
data: 56410 Montabaur, HRA 11108
Limited partner:
Wirtgen
Grundbesitzgesellschaft mbH & Co. KG
Reinhard-Wirtgen-Str. 2
D 53578 Windhagen
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 51,129.19
contribution:
Share: EUR 23,008.13
Registered
on: 17.05.1990
Reg.
data: 56410 Montabaur, HRA 11704
Limited partner:
Opernpassagen
GmbH & Co. KG
Schwertnergasse 1
D 50667 Köln
Legal form:
Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 15,000.00
contribution:
Share: EUR 5,625.00
Registered
on: 19.12.2012
Reg.
data: 50939 Köln, HRA 29579
Limited partner:
JSW Solar
(zwei) GmbH & Co. KG
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
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: 29.03.2010
Reg.
data: 56410 Montabaur, HRA 20894
Limited partner:
Bazaar de
Cologne Gesellschaft mbH & Co. KG
Mittelweg
14-18
D 50859 Köln
Legal form: Ltd
partnership with priv. ltd.
company as general partner
Total
cap. EUR 15,000.00
contribution:
Share: EUR 5,000.00
Registered
on: 17.11.2010
Reg.
data: 50939 Köln, HRA 28074
Shareholder:
Wirtgen
Komplementär GmbH
Reinhard-Wirtgen-Str. 2
D 53578 Windhagen
Legal form:
Private limited company
Share
capital: EUR 30,000.00
Share: EUR 14,250.00
Registered
on: 24.09.1987
Reg.
data: 56410 Montabaur, HRB 11917
Shareholder:
Wirtgen
Grundbesitz-Beteiligungsgesellschaft
mbH
Hohner Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share
capital: EUR 25,600.00
Share: EUR 12,800.00
Registered
on: 19.12.1990
Reg.
data: 56410 Montabaur, HRB 12333
Shareholder:
Stefan
Wirtgen Immobilien GmbH
Hohner Str. 2
D 53578
Windhagen
Legal form: Private
limited company
Share
capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 18.02.2004
Reg.
data: 56410 Montabaur, HRB 14806
Shareholder:
JSW Solar
(zwei) Verwaltungs-GmbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share capital: EUR 37,500.00
Share: EUR 12,500.00
Registered
on: 26.03.2010
Reg.
data: 56410 Montabaur, HRB 22076
Shareholder:
Bazaar de
Cologne Parkhausgesellschaft mbH
Mittelstr.
12-14
D 50672 Köln
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 28.12.2010
Reg.
data: 50939 Köln, HRB 71182
Shareholder:
Opernpassagen
Verwaltungsgesellschaft mbH
Schwertnergasse 1
D 50667 Köln
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Share: EUR 9,375.00
Registered
on: 14.12.2012
Reg.
data: 50939 Köln, HRB 77236
Shareholder:
Bazaar de
Cologne Verwaltungsgesellschaft
mbH
Mittelstr.
12-14
D 50672 Köln
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Share: EUR 8,333.00
Registered
on: 23.12.2010
Reg.
data: 50939 Köln, HRB 71151
Manager:
Wirtgen
Beteiligungsgesellschaft mbH
Reinhard-Wirtgen-Str.
2
D 53578
Windhagen
Legal form:
Private limited company
Share
capital: EUR 25,000,000.00
Registered
on: 22.06.1973
Reg. data: 56410 Montabaur, HRB 10492
Manager:
Wirtgen
Komplementär GmbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share capital: EUR 30,000.00
Registered
on: 24.09.1987
Reg.
data: 56410 Montabaur, HRB 11917
Manager:
Wirtgen
Grundbesitz-Beteiligungsgesellschaft
mbH
Hohner Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share
capital: EUR 25,600.00
Registered
on: 19.12.1990
Reg.
data: 56410 Montabaur, HRB 12333
Manager:
ERSEG GmbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form: Private limited company
Share
capital: EUR 50,000.00
Registered
on: 25.03.1993
Reg.
data: 56410 Montabaur, HRB 13917
Manager:
Wirtgen Grund
und Boden GmbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Registered
on: 24.07.2006
Reg.
data: 56410 Montabaur, HRB 20388
Manager:
Wirtgen Used
Equipment GmbH
Reinhard-Wirtgen-Str. 2
D 53578 Windhagen
Legal form:
Private limited company
Share
capital: EUR 100,000.00
Registered
on: 21.12.1999
Reg.
data: 56410 Montabaur, HRB 13962
Manager:
Stefan
Wirtgen Immobilien GmbH
Hohner Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share capital: EUR 25,000.00
Registered
on: 18.02.2004
Reg.
data: 56410 Montabaur, HRB 14806
Manager:
JSW Solar
(zwei) Verwaltungs-GmbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Share
capital: EUR 37,500.00
Registered
on: 26.03.2010
Reg.
data: 56410 Montabaur, HRB 22076
Manager:
Opernpassagen
Verwaltungsgesellschaft mbH
Schwertnergasse 1
D 50667 Köln
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Registered
on: 14.12.2012
Reg.
data: 50939 Köln, HRB 77236
President of the
Supervisory Board:
Joseph Vögele Aktiengesellschaft
Joseph-Vögele-Str. 1
D 67075
Ludwigshafen
Legal form:
Public limited company
Share
capital: EUR 10,200,000.00
Registered
on: 30.06.2010
Reg.
data: 67061 Ludwigshafen, HRB 62108
FURTHER
FUNCTIONS/PARTICIPATIONS OF DR. GÜNTHER ROBERT HÄHN
(MANAGER)
Vice-president of
the Supervisory Board:
Hamm AG
Hammstr. 1
D 95643
Tirschenreuth
Legal form:
Public limited company
Share
capital: EUR 20,800,887.00
Registered
on: 21.10.1997
Reg.
data: 92637 Weiden, HRB 1851
Vice-president of
the Supervisory Board:
Joseph Vögele
Aktiengesellschaft
Joseph-Vögele-Str. 1
D 67075
Ludwigshafen
Legal form:
Public limited company
Share
capital: EUR 10,200,000.00
Registered
on: 30.06.2010
Reg.
data: 67061 Ludwigshafen, HRB 62108
Main industrial sector
28290 Manufacture of other
general-purpose machinery
Secondary industrial sector
46692 Wholesale of other
machinery
Shareholder:
Wirtgen Grund
und Boden GmbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Legal form:
Private limited company
Company
Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 24.07.2006
Local court 56410 Montabaur
HRB 20388
Payment experience: within agreed
terms
Negative information:We have no negative information at hand.
Type of ownership: Tenant
Address
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
Real Estate of: Jürgen Wirtgen
Type of ownership: Tenant
Address Wied 1
D 53577
Neustadt
Real Estate of: Stefan
Wirtgen
Type of ownership: Tenant
Address Klaushof 1
D 53560
Vettelschoß
Land register documents were not available.
Principal banks
COMMERZBANK VORMALS DRESDNER BANK, NEUWIED
Sort. code: 57080070, BIC: DRESDEFF570
SPARKASSE NEUWIED, NEUWIED
Sort. code: 57450120, BIC: MALADE51NWD
Financial
year: 01.01. - 31.12.
Share
capital:
EUR 50,000,000.00
Equipment: EUR 40,000.00
Ac/ts
receivable:
EUR 55,000.00
Liabilities: EUR 120,000.00
The
number of employees is not known.
Profit transfer agreement to:
Wirtgen
Beteiligungsgesellschaft mbH
Reinhard-Wirtgen-Str. 2
D 53578
Windhagen
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 |
|
|
1 |
Rs.87.50 |
|
Euro |
1 |
Rs.71.32 |
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.