|
Report Date : |
17.10.2013 |
IDENTIFICATION DETAILS
|
Name : |
E2E INFOTECH LTD. |
|
|
|
|
Registered Office : |
St James House, 13 Kensington Square, London, W8
5HD |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Financials (as on) : |
31.03.2013 |
|
|
|
|
Date of Incorporation : |
27.04.2000 |
|
|
|
|
Com. Reg. No.: |
03981436 |
|
|
|
|
Legal Form : |
Private Subsidiary |
|
|
|
|
Line of Business : |
Software components and consulting services to
the financial services industry, specialising in the area of trading and
investment banking |
|
|
|
|
No. of Employees : |
07 |
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 |
|
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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
United Kingdom |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
United Kingdom ECONOMIC OVERVIEW
The UK, a leading trading power
and financial center, is the second largest economy in Europe after Germany.
Over the past two decades, the government has greatly reduced public ownership
and contained the growth of social welfare programs. Agriculture is intensive,
highly mechanized, and efficient by European standards, producing about 60% of
food needs with less than 2% of the labor force. The UK has large coal, natural
gas, and oil resources, but its oil and natural gas reserves are declining and
the UK became a net importer of energy in 2005. Services, particularly banking,
insurance, and business services, account by far for the largest proportion of
GDP while industry continues to decline in importance. After emerging from recession
in 1992, Britain's economy enjoyed the longest period of expansion on record
during which time growth outpaced most of Western Europe. In 2008, however, the
global financial crisis hit the economy particularly hard, due to the
importance of its financial sector. Sharply declining home prices, high
consumer debt, and the global economic slowdown compounded Britain's economic
problems, pushing the economy into recession in the latter half of 2008 and
prompting the then BROWN (Labour) government to implement a number of measures
to stimulate the economy and stabilize the financial markets; these include
nationalizing parts of the banking system, temporarily cutting taxes,
suspending public sector borrowing rules, and moving forward public spending on
capital projects. Facing burgeoning public deficits and debt levels, in 2010
the CAMERON-led coalition government (between Conservatives and Liberal
Democrats) initiated a five-year austerity program, which aimed to lower
London's budget deficit from over 10% of GDP in 2010 to nearly 1% by 2015. In
November 2011, Chancellor of the Exchequer George OSBORNE announced additional
austerity measures through 2017 because of slower-than-expected economic growth
and the impact of the euro-zone debt crisis. The CAMERON government raised the
value added tax from 17.5% to 20% in 2011. It has pledged to reduce the
corporation tax rate to 21% by 2014. The Bank of England (BoE) implemented an
asset purchase program of up to £375 billion (approximately $605 billion) as of
December 2012. During times of economic crisis, the BoE coordinates interest
rate moves with the European Central Bank, but Britain remains outside the
European Economic and Monetary Union (EMU). In 2012, weak consumer spending and
subdued business investment weighed on the economy. GDP fell 0.1%, and the
budget deficit remained stubbornly high at 7.7% of GDP. Public debt continued
to increase.
|
Source : CIA |
E2E Infotech Ltd.
St James House
13 Kensington Square
London, W8 5HD
United Kingdom
Employees:
7
Company Type:
Private Subsidiary
Corporate Family: 14
Companies
Ultimate Parent: aurionPro
Solutions Limited
Quoted Status:
Non-quoted Company
Incorporation Date:
27-Apr-2000
Auditor: Harmer Slater Ltd.
Financials in: USD
(Millions)
Fiscal Year End:
31-Mar-2013
Reporting Currency:
British Pound Sterling
Annual Sales:
4.0 1
Net Income:
(0.1)
Total Assets:
2.3
Software components and consulting services to
thefinancial services industry, specialising in the area of trading and
investment banking.
Industry
Industry Computer System
Design Services
ANZSIC 2006:
7000 - Computer System Design and Related Services
ISIC Rev 4:
6202 - Computer consultancy and computer facilities management activities
NACE Rev 2:
6202 - Computer consultancy activities
NAICS 2012:
541512 - Computer Systems Design Services
UK SIC 2007:
6202 - Computer consultancy activities
US SIC 1987:
7379 - Computer Related Services, Not Elsewhere Classified
|
Name |
Title |
|
Per Anders Gunnar Henriksson |
Director |
|
Dag Magni |
Director |
|
Vaibhav Shukla |
Director |
|
||||||||||||||||||||
1 - Profit &
Loss Item Exchange Rate: USD 1 = GBP 0.6329098
2 - Balance Sheet
Item Exchange Rate: USD 1 = GBP 0.6591356
Location
St James House
13 Kensington
Square
London, W8 5HD
London County
Sales GBP(mil) : 2.5
Assets GBP(mil): 1.5
Employees: 7
Fiscal Year End: 31-Mar-2013
Industry: Computer Services
Registered Address:
St James House
13 Kensington Square
London, W8 5HD
United Kingdom
Incorporation
Date: 27-Apr-2000
Company Type: Private
Subsidiary
Quoted Status: Not
Quoted
Registered
No.(UK): 03981436
Director: Dag
Magni
Industry Codes
ANZSIC 2006
Codes:
7000 - Computer
System Design and Related Services
696 - Management
and Related Consulting Services
ISIC Rev 4 Codes:
6202 - Computer
consultancy and computer facilities management activities
7020 - Management
consultancy activities
NACE Rev 2 Codes:
6202 - Computer
consultancy activities
7022 - Business
and other management consultancy activities
NAICS 2012 Codes:
541512 - Computer
Systems Design Services
54161 - Management
Consulting Services
US SIC 1987:
7379 - Computer Related Services, Not
Elsewhere Classified
874 - Management and Public Relations
Services
UK SIC 2007:
6202 - Computer consultancy activities
7022 - Business and other management
consultancy activities
Business Description
Software components and consulting services to
thefinancial services industry, specialising in the area of trading and
investment banking.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Corporate Family |
Corporate
Structure News: |
|
|
aurionPro
Solutions Limited |
|
E2E Infotech Ltd. |
|
|
|
|
|
Company Name |
Company
Type |
Location |
Country |
Industry |
Sales |
Employees |
|
|
Parent |
Mumbai |
India |
Computer Programming |
107.1 |
1,250 |
|
|
|
Subsidiary |
Pune, Maharashtra |
India |
Miscellaneous Professional Services |
|
150 |
|
|
|
Subsidiary |
Manama |
Bahrain |
Computer System Design Services |
|
100 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Computer Programming |
|
90 |
|
|
|
Branch |
Mumbai, Maharashtra |
India |
Computer Programming |
|
80 |
|
|
|
Enline Plc |
Subsidiary |
Wetherby |
United Kingdom |
Software |
|
40 |
|
|
Subsidiary |
Iselin, NJ |
United States |
Consulting Services |
6.5 |
30 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Software |
2.4 |
10 |
|
|
|
Subsidiary |
London |
United Kingdom |
Computer System Design Services |
4.0 |
7 |
|
|
|
Acquisition by CameronTec AB proposed/announced.See corporate
structure news on
aurionPro Solutions Limited for details |
|||||||
|
Subsidiary |
Santa Clara, CA |
United States |
Computer System Design Services |
0.4 |
5 |
|
|
|
Subsidiary |
Causeway Bay |
Hong Kong |
Software |
|
4 |
|
|
|
Subsidiary |
Mumbai, Maharashtra |
India |
Wired Telecommunications Carriers |
1.2 |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Computer Programming |
|
|
|
|
|
Subsidiary |
Melbourne, VIC |
Australia |
Computer System Design Services |
|
|
|
|
|
Board of
Directors |
|
|
|
|
|||
|
Director |
Director/Board Member |
|
|||
|
||||||
|
Director |
Director/Board Member |
|
|
||
|
||||||
|
Director |
Director/Board Member |
|
|
||
|
||||||
|
Main Office Address: |
|
Annual Return Date: 06 Nov 2012 |
|
Individual Directors |
|||||||
|
|
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
|
Current |
07 Apr 1969 |
23 Camomile Street, |
10 Jul 2013 |
NA |
Current:2 |
|
|
|
Current |
27 Nov 1972 |
23 Camomile Street, |
10 Jul 2013 |
NA |
Current:1 |
|
|
|
Current |
11 Jun 1972 |
15 Mulberry Place, |
07 Oct 2001 |
NA |
Current:3 |
|
|
|
Previous |
15 Nov 1967 |
B-1204 Eternia Main Street, Hiranandani Gardens Powai, |
29 Sep 2007 |
10 Jul 2013 |
Current:0 |
|
|
|
Previous |
22 Dec 1967 |
3 Siglap Road \06-23, Mandarin Gardens, |
29 Sep 2007 |
24 Jun 2010 |
Current:0 |
|
|
|
Previous |
04 Aug 1964 |
C/O Unicredit Banca Mobiliare S.P.A., |
05 Oct 2004 |
01 Jun 2005 |
Current:0 |
|
|
|
Previous |
27 Nov 1972 |
Stadiongasse 5/7, |
07 May 2003 |
29 Sep 2007 |
Current:1 |
|
|
|
Previous |
06 Feb 1973 |
2410 Camino Ramon, Suite 339, |
24 Jun 2010 |
10 Jul 2013 |
Current:1 |
|
|
|
Previous |
24 Feb 1972 |
18 Crathie Road, |
27 Apr 2000 |
07 Oct 2001 |
Current:0 |
|
|
|
Previous |
12 Jul 1973 |
199A Hither Green Lane, |
27 Apr 2000 |
27 May 2004 |
Current:0 |
|
|
|
Previous |
31 Dec 1960 |
Ornbogatan 36, |
19 Jun 2002 |
05 Oct 2004 |
Current:0 |
|
|
|
Previous |
04 Aug 1966 |
Himalbacken 8, |
19 Jun 2002 |
07 May 2003 |
Current:0 |
|
|
|
Previous |
11 Oct 1966 |
200 East 94 Street - Apt 2212, 200 East 94 Street - Apt 2212, |
19 Jun 2002 |
14 Jul 2004 |
Current:0 |
|
|
|
Previous |
22 Apr 1971 |
Via Masaccio 201, |
19 Jun 2002 |
26 May 2004 |
Current:0 |
|
|
|
Previous |
22 Nov 1972 |
26 Lakeside Avenue, Thamesmead, |
27 May 2004 |
05 Oct 2004 |
Current:0 |
|
|
|
|
|
||||||
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
Corporate Directors |
|||||||||||
|
|
|||||||||||
|
Company Name |
Status |
Registered Address |
Appointment Date |
Resignation Date |
|||||||
|
Waterlow Nominees Limited |
Previous |
6-8 Underwood Street, |
27 Apr 2000 |
27 Apr 2000 |
|||||||
|
|
|||||||||||
|
|
|||||||||||
|
Individual Secretaries |
|||||||||||
|
|
|||||||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of Directorships |
|
||||
|
Previous |
22 Nov 1972 |
131 Mcleod Road, |
05 Oct 2004 |
02 Feb 2006 |
Current:0 |
|
|||||
|
Previous |
05 Nov 1976 |
199A Hither Green Lane, |
27 Apr 2000 |
07 Oct 2001 |
Current:0 |
|
|||||
|
Previous |
11 Jun 1972 |
15 Mulberry Place, |
07 Oct 2001 |
05 Oct 2004 |
Current:3 |
|
|||||
|
|
|
||||||||||
|
|
|
|
|
|
|
|
|
||||
|
Corporate Secretaries |
||||||||||
|
|
||||||||||
|
Company Name |
Status |
Registered Address |
Appointment Date |
Resignation Date |
||||||
|
Goodwille Corporate Services Limited |
Current |
St James House, 13 Kensington Square, |
02 Feb 2006 |
NA |
||||||
|
Waterlow Secretaries Limited |
Previous |
6-8 Underwood Street, |
27 Apr 2000 |
27 Apr 2000 |
||||||
|
|
||||||||||
|
|
||||||||||
|
|
||||||||||
|
Individual Shareholders |
||||||||||
|
|
||||||||||
|
Name |
Share Details |
Share Type |
# of Shares |
Share Price (GBP) |
Share Value (GBP) |
% of Total Shares |
||||
|
Aurionpro Solutions Limited |
10000 Ordinary GBP 1.00 |
Ordinary |
10,000 |
1.00 |
10,000.00 |
100.00 |
||||
|
|
|
|
|
|
|
|
||||
|
Corporate Shareholders |
|
|
|
There are no corporate shareholders for this company. |
|
|
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate
(Period Average) |
0.63291 |
0.626752 |
0.643394 |
0.627794 |
0.592803 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Turnover (UK) |
0.6 |
0.3 |
0.4 |
0.7 |
0.7 |
|
Turnover (Exports) |
3.4 |
3.9 |
3.7 |
2.4 |
2.8 |
|
Total Turnover |
4.0 |
4.2 |
4.1 |
3.0 |
3.5 |
|
Cost of Sales |
3.5 |
3.1 |
3.3 |
2.2 |
2.8 |
|
Gross Profit |
0.5 |
1.1 |
0.8 |
0.8 |
0.7 |
|
Depreciation |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Expenses |
0.7 |
1.0 |
0.7 |
0.6 |
0.4 |
|
Operating Profit |
-0.1 |
0.1 |
0.0 |
0.2 |
0.3 |
|
Other Income |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Interest Paid |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Exceptional Income |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Discontinued Operations |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit Before Taxes |
-0.1 |
0.1 |
0.0 |
0.2 |
0.3 |
|
Tax Payable / Credit |
0.0 |
0.0 |
0.0 |
0.1 |
0.1 |
|
Extraordinary Items/Debits |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Dividends |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Profit After Taxes |
-0.1 |
0.1 |
0.0 |
0.2 |
0.2 |
|
Minority Interests (Profit & Loss) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Audit Fees |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Non Audit Fees |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Number of Employees |
7 |
10 |
- |
- |
- |
|
Wages |
1.1 |
0.7 |
1.2 |
0.8 |
0.9 |
|
Social Security Costs |
0.1 |
0.1 |
0.2 |
0.1 |
0.1 |
|
Pensions |
- |
- |
- |
- |
0.0 |
|
Other Pension Costs |
0.2 |
0.1 |
0.0 |
0.0 |
0.0 |
|
Employees Remuneration |
1.4 |
0.9 |
1.4 |
0.9 |
1.1 |
|
Other Costs |
- |
- |
- |
- |
0.3 |
|
Directors Remuneration |
0.3 |
0.3 |
0.2 |
0.3 |
0.3 |
|
Highest Paid Director |
0.3 |
- |
- |
- |
- |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.659136 |
0.628108 |
0.62385 |
0.659239 |
0.697666 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Land & Buildings |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Fixtures & Fittings |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Plant & Vehicles |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Tangible Fixed Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Intangible Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Investments |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Fixed Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Stocks |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Work in Progress |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Stocks Work In Progress |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Trade Debtors |
0.5 |
0.6 |
0.9 |
0.6 |
0.5 |
|
Inter-Company Debtors |
1.2 |
1.4 |
0.5 |
0.6 |
0.3 |
|
Director Loans |
0.1 |
- |
- |
- |
- |
|
Other Debtors |
0.1 |
0.2 |
0.1 |
0.1 |
0.1 |
|
Total Debtors |
1.9 |
2.2 |
1.5 |
1.3 |
0.9 |
|
Cash and Equivalents |
0.4 |
0.6 |
0.8 |
0.7 |
0.8 |
|
Other Current Assets |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Current Assets |
2.3 |
2.7 |
2.3 |
1.9 |
1.7 |
|
Total Assets |
2.3 |
2.7 |
2.3 |
1.9 |
1.7 |
|
Trade Creditors |
0.0 |
0.1 |
0.0 |
0.0 |
0.0 |
|
Inter-Company Creditors |
0.6 |
0.7 |
0.2 |
0.1 |
- |
|
Accruals/Deferred Income (Current Liability) |
0.5 |
0.4 |
0.7 |
0.6 |
0.5 |
|
Social Security/VAT |
0.0 |
0.1 |
0.1 |
0.0 |
0.1 |
|
Corporation Tax |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Current Liabilities |
0.0 |
0.1 |
0.0 |
0.0 |
0.0 |
|
Total Current Liabilities |
1.2 |
1.4 |
1.1 |
0.7 |
0.7 |
|
Group Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Director Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Hire Purchase (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Leasing (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Hire Purchase Loans (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Long Term Loans |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Accruals/Deferred Income (Long Term Liability) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Long Term Liabilities |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Deferred Taxation |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Provisions |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Issued Capital |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Share Premium Accounts |
0.3 |
0.3 |
0.3 |
0.3 |
0.3 |
|
Revaluation Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Retained Earnings |
0.8 |
1.0 |
0.9 |
0.9 |
0.7 |
|
Other Reserves |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Minority Interests (Balance Sheet) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Shareholders Funds |
1.1 |
1.3 |
1.3 |
1.2 |
1.0 |
|
Net Worth |
1.1 |
1.3 |
1.3 |
1.2 |
1.0 |
Annual Ratios
Financials in: USD (mil)
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
Period Length |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
52 Weeks |
|
Filed Currency |
GBP |
GBP |
GBP |
GBP |
GBP |
|
Exchange Rate |
0.659136 |
0.628108 |
0.62385 |
0.659239 |
0.697666 |
|
Consolidated |
No |
No |
No |
No |
No |
|
|
|
|
|
|
|
|
Current Ratio |
1.96 |
1.94 |
2.18 |
2.58 |
2.38 |
|
Liquidity Ratio |
1.96 |
1.94 |
2.18 |
2.58 |
2.38 |
|
Credit Period (Days) |
5,193.00 |
5,110.00 |
7,732.00 |
8,039.00 |
5,659.00 |
|
Working Capital by Sales |
2,955.00% |
3,179.00% |
2,971.00% |
4,127.00% |
3,277.00% |
|
Trade Credit by Debtors |
4.00 |
15.00 |
2.00 |
2.00 |
2.00 |
|
Return on Capital |
-1,130.00% |
755.00% |
160.00% |
1,841.00% |
2,842.00% |
|
Return on Assets |
-556.00% |
367.00% |
87.00% |
1,128.00% |
1,647.00% |
|
Profit Margin |
-335.00% |
242.00% |
48.00% |
761.00% |
933.00% |
|
Return on Shareholders Funds |
-1,130.00% |
755.00% |
160.00% |
1,841.00% |
2,842.00% |
|
Borrowing Ratio |
5,459.00% |
5,419.00% |
1,934.00% |
948.00% |
- |
|
Equity Gearing |
4,920.00% |
4,867.00% |
5,434.00% |
6,127.00% |
5,797.00% |
|
Interest Coverage |
- |
- |
1,267,100.00 |
- |
3,078.00 |
|
Sales by Tangible Assets |
92,730.00 |
40,661.00 |
51,524.00 |
144,964.00 |
162,783.00 |
|
Average Remuneration per Employee |
0.2 |
0.1 |
- |
- |
- |
|
Profit per Employee |
0.0 |
0.0 |
- |
- |
- |
|
Sales per Employee |
0.5 |
0.4 |
- |
- |
- |
|
Capital Employed per Employee |
0.2 |
0.1 |
- |
- |
- |
|
Tangible Assets per Employee |
0.0 |
0.0 |
- |
- |
- |
|
Total Assets per Employee |
0.3 |
0.3 |
- |
- |
- |
|
Employee Remuneration by Sales |
3,465.00% |
2,223.00% |
3,416.00% |
2,975.00% |
3,058.00% |
|
Creditor Days (Cost of Sales Based) |
268.00 |
1,012.00 |
184.00 |
243.00 |
168.00 |
|
Creditor Days (Sales Based) |
233.00 |
750.00 |
149.00 |
176.00 |
133.00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.69 |
|
UK Pound |
1 |
Rs.98.59 |
|
Euro |
1 |
Rs.83.67 |
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.