|
Report Date : |
07.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
ORO |
|
|
|
|
Registered Office : |
170 Buitengracht Street,
Cape Town, 8001 |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
23.04.1998 |
|
|
|
|
Com. Reg. No.: |
M1998/007629/07 |
|
|
|
|
Legal Form : |
Private company |
|
|
|
|
Line of Business : |
The subject is a
manufacture and wholesalers of jewelerry |
|
|
|
|
No. of Employees : |
70 |
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 : |
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 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
South Africa |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
SOUTH AFRICA - ECONOMIC OVERVIEW
South Africa is a
middle-income, emerging market with an abundant supply of natural resources;
well-developed financial, legal, communications, energy, and transport sectors
and a stock exchange that is the 16th largest in the world. Even though the
country's modern infrastructure supports a relatively efficient distribution of
goods to major urban centers throughout the region, unstable electricity
supplies retard growth. The global financial crisis reduced commodity prices
and world demand. GDP fell nearly 2% in 2009 but has recovered since then,
albeit slowly with 2014 growth projected at about 2%. Unemployment, poverty,
and inequality - among the highest in the world - remain a challenge. Official
unemployment is at nearly 25% of the work force, and runs significantly higher
among black youth. Eskom, the state-run power company, has built two new power
stations and installed new power demand management programs to improve power
grid reliability. Construction delays at two additional plants, however, mean
South Africa is operating on a razor thin margin; economists judge that growth
cannot exceed 3% until those plants come on line. South Africa's economic
policy has focused on controlling inflation, however, the country has had
significant budget deficits that restrict its ability to deal with pressing economic
problems. The current government faces growing pressure from special interest
groups to use state-owned enterprises to deliver basic services to low-income
areas and to increase job growth
|
Source
: CIA |
|
Subject
Name |
ORO AFRICA
(PTY)LTD |
|
Country |
South
Africa |
|
Enquiry
Terms |
30 days |
|
Account
Review |
Recommended
Every 6 Months |
|
Subject
Contact Person |
SHAUN
CURRIN - FINANCIAL DIRECTOR |
|
Assessment |
This is an
established business. On investigation contact was made with SHAUN CURRIN the
financial director. The subject is meeting commitments timeously with
suppliers. We are awaiting a bank code for R25000 over a period of 30 days.
Please see the available information on the subject below. |
|
Registered
Name |
ORO AFRICA
(PTY)LTD |
|
Trading
as/ Division Name |
None |
|
Previous
Name |
None |
|
Date of
Name Change |
Jul 6 1998
12:00AM |
|
Registration
Number |
M1998/007629/07 |
|
Registration
Date |
1998/04/23 |
|
Date
Commenced Trading |
1998-04-23 |
|
Age of
Business |
16 Years 4
Months |
|
History of
Business |
The
subject commenced trading as a new business in 1998 |
|
History of
Principals |
There are
4 active principals within the subject |
|
Shareholders/Members/Partners
of subject and % holding |
1% - THE
PERRY NIADOO FAMILY TRUST36% - ANGLO GOLD LTD6% - FILK SPA2.25% - THE GORDEN
JONES FAMILY TRUST4.50% - THE BRETT JAJE FAMILY TRUST0.44% - DAVID LAZAR
DREDZEN 17.10% - GARY LEONARD NATHAN 32.71% - STEVEN JEFFREY NATHAN |
|
Authorised
Share Capital |
|
|
Issued
Share Capital/Members Contribution |
|
|
Status |
In
Business |
|
Operations
Assessment |
The
subject is a manufacture and wholesalers of jewelerry |
|
Industry/
Customers |
Private |
|
Export |
Yes |
|
Export
Countries |
China,Italy |
|
Import |
Yes |
|
Import
Countries |
India |
|
Major
Industry Code / SICC |
39211 |
|
Definition
of Code |
Jewellery
and related articles of precious and semiprecious compounts |
|
Head
Office Physical Address |
170
BUITENGRACHT STREET, CAPE TOWN, 8001 |
|
Head
Office Postal Address |
P O BOX
16552, VLAEBERG, 8018 |
|
Current
Tel Number |
0214809860 |
|
Cell
Number |
Unavailable |
|
Current
Fax Number |
0214264140 |
|
Current
Email Address |
|
|
Web Site
Address |
|
|
Comments |
|
|
Company Registered Name |
GRANT THORNTON ASSOCIATES |
|
Trading Name |
|
|
Registration Number |
PARTNERSHIP |
|
Physical Address |
6th Floor119 Hertzog
BoulevardForeshoreCape Town8001 |
|
Postal Address |
P O BOX 7489, ROGGEBAAI, 8012 |
|
Contact Person |
NICO VILJOEN |
|
Contact Number |
0214178804 |
|
Email |
|
|
Principals |
|
|
Judgements Against Subject |
|
|
Judgements Against Principals |
|
|
Subject Verified as Client |
Yes |
|
Practice Number |
913596E |
|
VAT Number |
|
|
Tax Number |
|
|
BEE Status |
|
|
Financial Year End |
|
|
No of years in Business |
7 Years 5 Months |
|
Website |
|
|
Comment |
|
Previous
Auditors Information - No Information on Record
|
Vat Number |
4570173825 |
|
Status |
ACTIVE |
|
Vat Liable
Date |
1998/07/01 |
|
Tax Number |
9434251840 |
|
Tax
Clearance Expire Date |
|
|
Financial
Year End |
March |
|
Comment |
|
Black Economic Empowerment Information - No Information on Record
ISO
Information - No Information on Record
Workman's
compensation
|
Registered |
Yes |
|
Compliance
Certified |
Yes |
|
Comment |
|
Subsidiaries Information - No Information on Record
Employees
|
Number of
Employees |
70 |
|||
|
1.
Salaried employees |
|
|||
|
2. Waged
employees |
|
|||
|
3.
Permanent employees |
70 |
|||
|
4. Casual
employees |
|
|||
|
5.
Contracted employees |
70 |
|||
|
Comment |
|
|||
|
Company Fleet |
||||
|
Company
Fleet |
No of
vehicles: |
Ownerd/Leased |
Value |
Outstanding
Balance |
|
Fleet
Operations |
|
|
|
|
|
The Fleet
is made up of |
2 |
|||
|
Comment |
|
|||
|
Cars |
1 |
Owned |
|
|
|
Light
delivery Vehicles |
1 |
Owned |
|
|
|
Offices |
Offices |
|
|
Head
Office Owned/ Rented |
Owned |
|
|
Rental
Company |
|
|
|
Owned by |
|
|
|
Value |
|
|
|
Bond |
|
|
|
Bank |
|
|
|
Lease
Agreement |
|
|
|
Lease
Expire Date |
|
|
|
Type of
Premises |
Office
blocks |
|
|
Comment |
|
|
|
Branch Information |
||
|
Branches Names |
Country |
Province |
|
ORO AFRICA (PTY)LTD |
South Africa |
GAUTENG |
|
Branch Detail Information |
||
|
Branches
Owned/ Rented |
Owned |
|
|
Rental
Company |
|
|
|
Owned by |
|
|
|
Value |
|
|
|
Bond |
|
|
|
Bank |
|
|
|
Lease
Agreement |
|
|
|
Lease
Expire Date |
|
|
|
Type of
Premises |
Office
Blocks |
|
|
Comment |
|
|
Organisation Chart
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
FINANCIAL
DIRECTOR |
SHAUN CURRIN |
|
|
|
|||
|
1 |
DIRECTOR |
GARY LEONARD
NATHAN |
|
Company Structure
Information - No Information on Record
Note: One level up and all
levels down
Key Deals - No Information
on Record
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
Comment |
|
1 |
EPPING INDUSTRIAL SUPPLIERS |
0215316666 |
|
|
|
|
2 |
NET POINT INTERNET SERVICE PROVIDER |
0217622276 |
|
|
|
|
3 |
CAPE PRESSURE METALS |
0215512066 |
|
|
|
Trade
References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average
Purchases |
Terms
Taken |
Comment |
|
1 |
5 Years |
R 50000.00 |
R 50000 |
30 Days |
R 25000 |
30 Days |
Good account |
|
2 |
4 Years |
|
|
7 Days |
R 7000 |
7 Days |
Excellent account. the subject has an open account
with their suppliers. |
|
3 |
5 Years |
|
|
30 Days |
R 20000 |
30 Days |
Good account |
Judgements - No information
on record
BusinessRescue - No
Information on Record
Default Listing - No
information on record
Notarial Bonds - No
information on record
|
Bank |
NEDBANK |
|
Branch |
PARKTOWN |
|
Brach Code |
198765 |
|
Bank
Account Number |
1944144870 |
|
Type of
Account |
CURRENT
ACCOUNT |
|
Account
Name |
ORO AFRICA
(PTY)LTD |
|
Overdraft
Facilities |
|
|
Bank Code |
|
|
Bank
Comment |
|
Bank Code History - No
Information on Record
Previous Bank Account
Information - No Information on Record
Deeds Information - No
information on record
|
Number of Principals |
4 |
|
Average
Age of Active Principals |
53 |
|
Active Principals Principal - 1 of 4 MORRIS STRUL |
|
|
Surname |
STRUL |
|
First Name |
MORRIS |
|
Other
Names |
|
|
Marital
Status |
|
|
ID Number |
4905125027009 |
|
Verified
ID Number |
Yes |
|
Current
Age |
64 Years 8
Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1998/11/01 |
|
Physical
Address (at time of Appointment) |
901
CINNABAR, CORNER ATLANTIC AND MAIN ROADS, MUIZENBERG, 7945 |
|
Postal
Address |
901
CINNABAR, CORNER ATLANTIC AND MAIN ROADS, MUIZENBERG, 7945 |
|
Current
Tel Number |
0214809880 |
|
Cell
number |
|
|
Shareholding/Membership |
0.00 |
Business Information for MORRIS STRUL
Principal Current Business Interests
|
Company
Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
FARAMOST REALTY CC |
B2008/079667/23 |
In
Business |
6 Years 6
Months |
0 |
No |
|
|
GOLDRING MANUFACTURING JEWELLERS
CC |
B1998/007726/23 |
|
16 Years 4 Months |
0 |
No |
|
|
ORO AFRICA (PTY)LTD |
M1998/007629/07 |
In
Business |
16 Years 4 Months |
0 |
No |
|
|
SUMMERFIELDS SYNDICATE (PTY)LTD |
M1971/005982/07 |
In
Business |
43 Years 7 Months |
0 |
No |
|
|
VOICE OF
GOLD CC |
B1996/008365/23 |
Deregistration
Final |
18 Years 6 Months |
0 |
No |
|
|
Company Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
ETERNITI JEWELLERY (PTY)LTD |
M1998/022685/07 |
In Business |
16 Years 4 Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
Principal Previous Business
Interests
DAVID DREDZEN
|
Surname |
DREDZEN |
|
First Name |
DAVID |
|
Other
Names |
LAZAR |
|
Marital
Status |
|
|
ID Number |
6811075075089 |
|
Verified
ID Number |
Yes |
|
Current
Age |
45 Years 9
Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1998/08/28 |
|
Physical
Address (at time of Appointment) |
89
CARISBROOK STREET, SYDENHAM, 2192 |
|
Postal
Address |
P O BOX
2197, HOUGHTON, 2041 |
|
Current
Tel Number |
0116459260 |
|
Cell
number |
0825637709 |
|
Shareholding/Membership |
0.00 |
Business Information for DAVID DREDZEN
Principal Current Business Interests
|
Company
Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ORO AFRICA (PTY)LTD |
M1998/007629/07 |
In Business |
16 Years 4 Months |
0 |
No |
|
Principal Previous Business Interests
|
Company Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
ETERNITI JEWELLERY (PTY)LTD |
M1998/022685/07 |
In Business |
16 Years 4
Months |
0 |
No |
|
|
ORO AFRICA
AND DESIGN (PTY)LTD |
M1998/015764/07 |
In Business |
16 Years 4
Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
Principal - 3 of 4 GARY
NATHAN
|
Surname |
NATHAN |
|
First Name |
GARY |
|
Other
Names |
LEORNARD |
|
Marital
Status |
|
|
ID Number |
6502135162088 |
|
Verified
ID Number |
Yes |
|
Current
Age |
49 Years 6
Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1998/08/28 |
|
Physical
Address (at time of Appointment) |
15 BLAIR
ROAD, CAMPSBAY, 8002 |
|
Postal
Address |
P O BOX
16552, VLAEBERG, 8001 |
|
Current
Tel Number |
0114833778 |
|
Cell number |
0824121262 |
|
Shareholding/Membership |
0.00 |
Business Information for
GARY NATHAN
Principal Current Business
Interests
|
Company
Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
BASFOUR
121 CC |
B2008/242973/23 |
In Business |
6 Years 6
Months |
0 |
No |
|
|
CENERE
ITALY (PTY)LTD |
M2002/020328/07 |
In Business |
0 |
0 |
No |
|
|
ORO AFRICA
(PTY)LTD |
M1998/007629/07 |
In Business |
16 Years 4
Months |
0 |
No |
|
|
ORO AFRICA
AND DESIGN (PTY)LTD |
M1998/015764/07 |
In Business |
16 Years 4
Months |
0 |
No |
|
|
ORO GROUP
(PTY)LTD |
M1998/012984/07 |
In Business |
16 Years 4
Months |
0 |
No |
|
Principal Previous Business
Interests
|
Company Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
|
|
|
|
|
|
|
Principal's Deeds
Information - No information on record
Principal - 4 of 4
STEVEN NATHAN
|
Surname |
NATHAN |
|
First Name |
STEVEN |
|
Other
Names |
JEFFREY |
|
Marital
Status |
|
|
ID Number |
6205115218009 |
|
Verified
ID Number |
Yes |
|
Current
Age |
52 Years 3
Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1998/04/23 |
|
Physical
Address (at time of Appointment) |
35 THE
PRESIDENT, 51 ALEXANDER ROAD, BANTRY BAY, CAPE TOWN, 8005 |
|
Postal
Address |
P O BOX
16552, VLAEBERG, CAPE TOWN, 8018 |
|
Current
Tel Number |
0214809860 |
|
Cell
number |
0824143544 |
|
Shareholding/Membership |
0.00 |
Business Information for
STEVEN NATHAN
Principal Current Business
Interests
|
Company
Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
ART CAVRON
(PTY)LTD |
M1961/002546/07 |
Deregistration Final |
53 Years 5
Months |
0 |
No |
|
|
BENFRI MANUFACTURING
(PTY)LTD |
M1989/000583/07 |
Deregistration Process |
25 Years 1
Months |
0 |
No |
|
|
BLEND PROPERTY 17 (PTY)LTD |
M2007/015849/07 |
In
Business |
7 Years 7
Months |
0 |
No |
|
|
CENERE
ITALY (PTY)LTD |
M2002/020328/07 |
In
Business |
0 |
0 |
No |
|
|
DIAMOND BLUE INTERNATIONAL CC |
B1994/009213/23 |
Deregistration Process |
20 Years 8
Months |
0 |
No |
|
|
ETERNITI JEWELLERY (PTY)LTD |
M1998/022685/07 |
In
Business |
16 Years 4
Months |
0 |
No |
|
|
FILK GOLD PROPERTIES CC |
M1997/059911/23 |
|
17 Years 5
Months |
0 |
No |
|
|
GOLD CLASP
CC |
B1994/012189/23 |
In
Business |
20 Years 8
Months |
0 |
No |
|
|
GOLDRING
MANUFACTURING JEWELLERS CC |
B1998/007726/23 |
|
16 Years 4
Months |
0 |
No |
|
|
HUNTERAX (PTY)LTD |
M1968/013309/07 |
In
Business |
46 Years
10 Months |
0 |
No |
|
|
LAURA AND CLARA PROPERTY INVESTMENTS CC |
B1997/033752/23 |
Deregistration Final |
17 Years 5
Months |
0 |
No |
|
|
LUSSO SHOWROOM (PTY)LTD |
M1995/003626/07 |
Deregistration Process |
19 Years 7
Months |
0 |
No |
|
|
NATHAN BROTHERS INTERNATIONAL
(PTY)LTD |
M1972/005536/07 |
Deregistration Final |
42 Years 6
Months |
0 |
No |
|
|
NATKAT INVESTMENTS
CC |
B1989/023513/23 |
Deregistration Final |
25 Years 1
Months |
0 |
No |
|
|
ORO AFRICA
(PTY)LTD |
M1998/007629/07 |
In
Business |
16 Years 4
Months |
0 |
No |
|
|
ORO AFRICA
AND DESIGN (PTY)LTD |
M1998/015764/07 |
In
Business |
16 Years 4
Months |
0 |
No |
|
|
ORO GROUP
(PTY)LTD |
M1998/012984/07 |
In
Business |
16 Years 4
Months |
0 |
No |
|
|
SWISH
PROPERTY FOUR (PTY)LTD |
M2004/031414/07 |
Deregistration Final |
10 Years
10 Months |
0 |
No |
|
|
TRESSO
TRADING 679 (PTY)LTD |
M2002/029620/07 |
In
Business |
0 |
0 |
No |
|
|
YELLOWTAIL
TRADING 17 CC |
B2005/045412/23 |
Deregistration Final |
9 Years 9
Months |
0 |
No |
|
Principal Previous Business
Interests
|
Company Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
AVINAN
INVESTMENTS CC |
B1996/061903/23 |
Deregistration Process |
18 Years 6
Months |
0 |
No |
|
|
CHANPROP
CC |
B1988/032644/23 |
Deregistration Process |
26 Years 2
Months |
0 |
No |
|
|
HARLOMANE INVESTMENTS (PTY)LTD |
2004/019803/07 |
In
Business |
10 Years
10 Months |
0 |
No |
|
|
ORO CHAINS
(PTY)LTD |
M1997/006649/07 |
In
Business |
17 Years 5
Months |
0 |
No |
|
|
PALMBROOKE INVESTMENTS (PTY)LTD |
M1999/013846/07 |
Conversion
CO/CC or CC/CO |
15 Years 3
Months |
0 |
No |
|
|
RAND
REFINERY LTD |
M1920/006598/06 |
In
Business |
94 Years 10 Months |
1 |
No |
|
|
SECUREDATA
HOLDINGS LTD |
M1998/010017/06 |
In
Business |
16 Years 4
Months |
0 |
No |
|
Principal's Deeds Information - No information on
record
DIAMOND INDUSTRY – INDIA
-
From time immemorial, India is well known in the world as the birthplace
for diamonds. It is difficult to trace the origin of diamonds but history
says that in the remote past, diamonds were mined only in India. Diamond
production in India can be traced back to almost 8th Century B.C.
India, in fact, remained undisputed leader till 18th Century
when Brazilian fields were discovered in 1725 followed by emergence of S.
Africa, Russia and Australia.
-
The achievement of the Indian diamond industry was possible only due to
combination of the manufacturing skills of the Indian workforce and the
untiring and unflagging efforts of the Indian diamantaires, supported by
progressive Government policies.
-
The area of study of family owned diamond businesses derives its
importance from the huge conglomerate of family run organizations which operate
in the diamond industry since many generations.
-
Some of the basic traits of family run business enterprises include
spirit of entrepreneurship, mutual trust lowers transaction costs, small,
nimble and quick to react, information as a source of advantage and
philanthropy.
-
Family owned diamond businesses need to improve on many fronts including
higher standard of corporate governance, long-term performance – focused
strategies, modern management and technology.
-
Utmost caution is to be exercised while dealing with some medium and
large diamond traders which are usually engaged in fictitious import – export,
inter-company transactions, financially assisted by banks. In the process,
several public sector banks lost several hundred million rupees. They mostly
diverted borrowed money for diamond business into real estate and capital
markets.
-
Excerpts from Times of India dated 30th October 2010 is as
under –
-
Gem & Jewellery Export Promotion Council in its statistical data has
shown the export of polished diamonds to have increase by 28 % in February
2013. Compared to $ 1.4 bn worth of polished diamond export in February, 2012,
India exported $ 1.84 billion worth of polished diamonds in February 2013. A
senior executive of GJEPC said, “Export of cut and polished diamonds started
falling month-wise after the imposition of 2 % of import duty on the polished
diamonds. But February, 2013 has given a new ray of hope to the industry as the
export of polished diamonds has actually increased by 28 %. It means the
industry is on the track of recovery and round tripping of diamonds has
stopped completely.” Demand has started coming from the US, the UK, Japan and
China. India’s polished diamond export is expected to cross $ 21 bn in 2013-14.
-
The banking sector has started exercising restraint while following
prudent risk management norms when lending money to gems and jewellery sector.
This follows the implementation of Basel III accord – a global voluntary
regulatory standard on bank capital adequacy, stress testing and market
liquidity.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.33 |
|
|
1 |
Rs.103.43 |
|
Euro |
1 |
Rs.81.96 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
PDT |
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.