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Report Date : |
17.04.2014 |
IDENTIFICATION DETAILS
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Name : |
BUCMAN AND CO LIMITED |
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Registered Office : |
Suite 2, Portland House, Glacis
Road |
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Country : |
Gibraltar |
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Date of Incorporation : |
27.04.2005 |
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Com. Reg. No.: |
94594 |
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Legal Form : |
Private Company Limited By
Shares |
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Line of Business : |
Not Available |
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No. of Employees |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Maximum Credit Limit : |
No Credit Limit
Recommended |
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Status : |
Struck Off |
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Payment Behaviour : |
--- |
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Litigation : |
--- |
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 31, 2014
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Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
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Gibraltar |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
GIBRALTAR - ECONOMIC OVERVIEW
Self-sufficient Gibraltar
benefits from an extensive shipping trade, offshore banking, and its position
as an international conference center. Tax rates are low to attract foreign
investment. The British military presence has been sharply reduced and now
contributes about 7% to the local economy, compared with 60% in 1984. The
financial sector, tourism (over 11 million visitors in 2012), gaming revenues,
shipping services fees, and duties on consumer goods also generate revenue. The
financial sector, tourism, and the shipping sector contribute 30%, 30%, and
25%, respectively, of GDP. Telecommunications, e-commerce, and e-gaming account
for the remaining 15%. In recent years, Gibraltar has seen major structural
change from a public to a private sector economy, but changes in government
spending still have a major impact on the level of employment
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Source
: CIA |
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Subject name: |
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Country: |
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Subject name: |
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Address: |
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Country: |
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Telephone: |
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Fax: |
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EXECUTIVE SUMMARY |
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Date registered: |
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Legal form: |
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Main activities: |
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Employees: |
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REGISTRY DATA |
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Key
Facts |
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Date registered: |
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Legal form: |
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Registration no: |
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Registry auth. |
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Registry status: |
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Current Credit Limit:
No credit limit recommended
Credit Rating / Limit
additional comments:
MANAGEMENT
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BOARD
OF DIRECTORS / OTHER APPOINTMENTS
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1000 Ljublijana Slovenia |
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Name: |
FIDELITY
CORPORATE SERVICES LIMITED |
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Board function: |
Company
Secretary |
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Date appointed: |
27-04-2005 |
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Address: |
Suite
2, Portland House, Glacis Road Gibraltar |
LEGAL
FILINGS
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Bankruptcy
filings: |
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Court
judgements: |
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Tax
liens: |
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Other: |
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SHARE CAPITAL
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Composition |
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Authorised: |
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Number/type: |
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Share value: |
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Issued: |
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Paid-up: |
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Shareholders/Owners
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1000 Ljublijana Slovenia |
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PAYMENTS
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Payment Experience |
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As
trade references were not supplied, the Subject's payment track record
history CANNOT BE ACCURATELY DETERMINED. |
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CORPORATE
AFFILIATIONS
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Comments |
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FINANCIAL ACCOUNTS |
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Required
to file: |
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Source: |
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The
Subject's financial statements were not available in the course of our
investigation. |
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N/a
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Staff |
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No of employees |
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OPERATIONS
& HISTORY
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Full description: |
The
Subject's line of business could not be determined in the course of our
investigation. The Company was struck off by the Registrar on
30-05-2011. |
PROPERTY
& ASSETS
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The
Subject's registered office was located at the heading address. |
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INVESTIGATIVE NOTES
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Sources: |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.60.22 |
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1 |
Rs.100.78 |
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Euro |
1 |
Rs.83.29 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
PDT |
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.