|
Report Date : |
18.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
RHM
ROHSTOFF-HANDELSGESELLSCHAFT MBH |
|
|
|
|
Registered Office : |
Rheinstr. 141 D 45478 Mülheim |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
21.09.1994 |
|
|
|
|
Legal Form : |
Private
limited company |
|
|
|
|
Line of Business : |
Wholesale
of iron ores, iron, steel and iron and steel semi-finished goods |
|
|
|
|
No. of Employees : |
38 |
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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
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, has contributed to strong growth 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 5.3% in 2013. The new German government introduced a minimum wage of $11 per hour to take effect in 2015. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's total budget deficit - including federal, state, and municipal - to 4.1% in 2010, but slower spending and higher tax revenues reduced the deficit to 0.8% in 2011 and in 2012 Germany reached a budget surplus of 0.1%. 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 though the target was already reached in 2012. 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 electricity generating capacity and 46% of its base-load electricity production
|
Source
: CIA |
RHM ROHSTOFF-HANDELSGESELLSCHAFT
MBH
Company Status: active
Rheinstr. 141
D 45478 Mülheim
Telephone:0208/999240
Telefax: 0208/9992415
Homepage: www.rhm-rohstoffe.de
E-mail: info@rhm-rohstoffe.de
VAT no.: DE123061522
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 23.08.1991
Shareholders'
agreement: 23.08.1991
Registered on: 21.09.1994
Commercial Register: Local court 47051 Duisburg
under: HRB 15217
Share capital: EUR 10,000,000.00
Shareholder:
Dr. Arend Oetker Holding
GmbH & Co. KG
Lübecker Str. 49-55
D 23611 Bad Schwartau
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 17,000,000.00
contribution:
Share: EUR 4,000,000.00
Registered on: 18.05.1981
Reg. data: 23568 Lübeck,
HRA 1095 BS
Shareholder:
Bötzel Holding GmbH
Wittener Str. 168
D 58456 Witten
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Share: EUR 4,000,000.00
Registered on: 27.07.2004
Reg. data: 44787 Bochum,
HRB 8940
Shareholder:
Udo Gustav Meynerts
D 45478 Mülheim
born: 19.05.1951
Share: EUR 1,000,000.00
Shareholder:
Josef Heckner Holding
GmbH
Nassestr. 10
D 50939 Köln
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 1,000,000.00
Registered on: 18.11.2002
Reg. data: 50939 Köln,
HRB 45408
Manager:
Udo Gustav Meynerts
D 45478 Mülheim
born: 19.05.1951
Marital status: married
Manager:
Wilhelm Gustav Bötzel
jun.
Im Pastoratsbusch 44a
D 44797 Bochum
having sole power of
representation
born: 18.07.1953
Profession: Businessman
Property regime:
Separation of property
Marital status: married
Proxy:
Klaus Remy
Richard-Wagner-Str. 2
D 56579 Rengsdorf
authorized to jointly
represent the company
born: 09.02.1955
Proxy:
Stefan Rick
Reinshagener Str. 143
D 42857 Remscheid
authorized to jointly
represent the company
born: 18.11.1958
Profession: Businessman
Further functions/participations of Udo Gustav
Meynerts (Manager)
Manager:
DRT Deutsche
Rohstofftechnik GmbH
Rheinstr. 141
D 45478 Mülheim
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 15.02.2013
Reg. data: 47051 Duisburg, HRB 25199
Further functions/participations of Wilhelm
Gustav Bötzel jun.
(Manager)
Limited partner:
Schrottverwertung Lente
u. Habedank GmbH &
Co. K.G.
Wittener Str. 168
D 58456 Witten
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 1,250,000.00
contribution:
Share: EUR 625,000.00
Registered
on: 02.10.1986
Reg. data: 44787 Bochum, HRA 4834
Limited partner:
W. Bötzel GmbH & Co.
KG
Rohstoffhandelsgesellschaft
Lärchenweg 11
D 83242 Reit im Winkl
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 100,000.00
contribution:
Share: EUR 100,000.00
Registered
on: 27.11.2006
Reg. data: 83278 Traunstein, HRA 9287
Shareholder:
Metzger GmbH
Wittener Str. 170-176
D 58456 Witten
Legal form: Private
limited company
Share capital: EUR 1,250,000.00
Share: EUR 1,250,000.00
Registered
on: 20.11.1980
Reg. data: 44787 Bochum, HRB 8729
Shareholder:
Bötzel Holding GmbH
Wittener Str. 168
D 58456 Witten
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Share: EUR 1,000,000.00
Registered
on: 27.07.2004
Reg. data: 44787 Bochum, HRB 8940
Shareholder:
Uwe Schero GmbH
Wittener Str. 168
D 58456 Witten
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 10.09.2009
Reg. data: 44787 Bochum, HRB 12375
Manager:
Bötzel Gesellschaft mit
beschränkter Haftung
Wittener Str. 170-176
D 58456 Witten
Legal form: Private
limited company
Share capital: EUR 30,000.00
Registered
on: 08.02.1980
Reg. data: 44787 Bochum, HRB 8772
Manager:
Metzger GmbH
Wittener Str. 170-176
D 58456 Witten
Legal form: Private
limited company
Share capital: EUR
1,250,000.00
Registered
on: 20.11.1980
Reg. data: 44787 Bochum, HRB 8729
Manager:
Schrottaufbereitung,
Recycling und
Hafenumschlag Alfred
Mandel GmbH
Uferstr. 37-39
D 45881 Gelsenkirchen
Legal form: Private
limited company
Share capital: EUR 5,000,000.00
Registered
on: 28.03.1985
Reg. data: 45879 Gelsenkirchen, HRB 1172
Manager:
Uwe Schero GmbH
Wittener Str. 168
D 58456 Witten
Legal form: Private limited
company
Share capital: EUR 25,000.00
Registered
on: 10.09.2009
Reg. data: 44787 Bochum, HRB 12375
Manager:
Lente Metall GmbH.
Wittener Str. 168
D 58456 Witten
Legal form: Private
limited company
Share capital: EUR 100,000.00
Registered
on: 09.02.2000
Reg. data: 44787 Bochum, HRB 8422
Manager:
Bötzel Holding GmbH
Wittener Str. 168
D 58456 Witten
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Registered
on: 27.07.2004
Reg. data: 44787 Bochum, HRB 8940
Manager:
RRG Rohstoff-Recycling
Gelsenkirchen GmbH
Uferstr. 37-39
D 45881 Gelsenkirchen
Legal form: Private
limited company
Share capital: EUR 31,200.00
Registered
on: 09.08.1994
Reg. data: 45879 Gelsenkirchen, HRB 2057
23.08.1991 - 26.02.1992 RHM Rohstoff-Handelsgesellschaft mbH
D 70173 Stuttgart
Private limited
company
26.02.1992 - 21.09.1994 RHM Rohstoff-Handelsgesellschaft mbH
Alteburger Str. 189
D 50968 Köln
Private limited
company
Main industrial sector
46721
Wholesale of iron ores, iron, steel and iron and steel semi-finished
goods
Branch:
RHM Rohstoff-Handelsgesellschaft
mbH
Richard-Wagner-Str. 2
D 56579 Rengsdorf
TEL.: 02634/921027
Limited partner:
Wilhelm Bötzel GmbH &
Co. KG
Wittener Str. 170-176
D 58456 Witten
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 3,500,000.00
contribution:
Share: EUR 3,500,000.00
Reg. data: 08.02.1980
Local court
44787 Bochum
HRA 4818
Shareholder:
Schrottaufbereitung,
Recycling und
Hafenumschlag Alfred
Mandel GmbH
Uferstr. 37-39
D 45881 Gelsenkirchen
Legal form: Private limited company
Company Status: active
Share capital: EUR 5,000,000.00
Share: EUR 5,000,000.00
Reg. data: 28.03.1985
Local court
45879 Gelsenkirchen
HRB 1172
Shareholder:
HSS-Beteiligungsgesellschaft mbH
Rheinstr. 141
D 45478 Mülheim
Legal form: Private
limited company
Company Status: active
Share capital: EUR 200,000.00
Share: EUR 160,000.00
Reg. data: 11.09.2012
Local court
47051 Duisburg
HRB 24804
Shareholder:
MAI Metal Alloy Impex
GmbH
Rheinstr. 125
D 45478 Mülheim
Legal form: Private
limited company
Company Status: active
Share capital: EUR 100,000.00
Share: EUR 100,000.00
Reg. data: 07.11.2013
Local court
47051 Duisburg
HRB 25937
Shareholder:
HKM Rohstoffhandel GmbH
Ehinger Str. 200
D 47259 Duisburg
Legal form: Private
limited company
Company Status: active
Share capital: EUR 100,000.00
Share: EUR 49,000.00
Reg. data: 03.06.2003
Local court
47051 Duisburg
HRB 16368
Shareholder:
Bötzel Gesellschaft mit
beschränkter Haftung
Wittener Str. 170-176
D 58456 Witten
Legal form: Private
limited company
Company Status: active
Share capital: EUR 30,000.00
Share: EUR 30,000.00
Reg. data: 08.02.1980
Local court
44787 Bochum
HRB 8772
Shareholder:
ProGENF IP GmbH
Major-Hirst-Str. 11
D 38442 Wolfsburg
Legal form: Private
limited company
Company Status: active
Share capital: EUR 100,000.00
Share: EUR 30,000.00
Reg. data: 03.06.2011
Local court
38100 Braunschweig
HRB 203046
Shareholder:
DRT Deutsche
Rohstofftechnik GmbH
Rheinstr. 141
D 45478 Mülheim
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 12,500.00
Reg. data: 15.02.2013
Local court
47051 Duisburg
HRB 25199
Payment
experience: within agreed terms
Negative information:We have no negative
information at hand.
BALANCE SHEET YEAR: 2011
Type of ownership: Tenant
Address Rheinstr.
141
D 45478 Mülheim
Real Estate of: Udo
Gustav Meynerts
Type of ownership: Tenant
Address
D 40699 Erkrath
Real Estate of: Wilhelm
Gustav Bötzel jun.
Type of ownership: Tenant
Address Im Pastoratsbusch 44a
D 44797 Bochum
Land register documents were not available.
Principal bank
UNICREDIT BANK - HYPOVEREINSBANK, 50443 KÖLN
Sort. code: 37020090, Account no.: 3718034
BIC: HYVEDEMM429
Turnover: 2013 EUR 208,000,000.00
Equipment: EUR
1,835,166.00
Ac/ts receivable: EUR
22,501,522.00
Liabilities: EUR
33,120,703.00
Employees: 38
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 43.05
Liquidity ratio: 0.68
Return on total capital [%]: 4.20
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 43.87
Liquidity ratio: 0.78
Return on total capital [%]: 8.93
Equity ratio
The equity ratio indicates the portion of the
equity as compared
to the total capital. The higher the equity
ratio, the better the
economic stability (solvency) and thus the
financial autonomy of
a company.
Liquidity ratio
The liquidity ratio shows the proportion
between adjusted
receivables and net liabilities. The higher the
ratio, the lower
the company's financial dependancy from
external creditors.
Return on total capital
The return on total capital shows the
efficiency and return on
the total capital employed in the company. The
higher the return
on total capital, the more economically does
the company work
with the invested capital.
TYPE OF
BALANCE SHEET: COMPANY BALANCE SHEET
FINANCIAL
YEAR: 01.01.2011 - 31.12.2011
ASSETS EUR 62,194,675.66
Fixed assets
EUR 30,659,565.36
Intangible assets
EUR 6,142.00
Concessions, licences, rights
EUR 6,142.00
Tangible assets
EUR 7,770,149.00
Land / similar rights
EUR 3,046,388.00
Plant / machinery
EUR 2,888,595.00
Other tangible assets / fixtures and
fittings
EUR 1,835,166.00
Financial assets EUR 22,883,274.36
Shares in participations /
subsidiaries and the like
EUR 22,883,274.36
Shares in related companies
EUR 22,791,774.36
Shares in investee companies
EUR 91,500.00
Current assets
EUR 31,478,773.13
Stocks
EUR 8,871,314.80
Raw materials, consumables and
supplies EUR 42,100.00
Finished goods / work in progress
EUR 8,829,214.80
Accounts receivable
EUR 22,501,521.51
Amounts due from shareholders
EUR 2,000.00
Trade debtors
EUR 14,350,874.66
Amounts due from related companies
EUR 7,186,428.18
Other debtors and assets
EUR 962,218.67
Liquid means
EUR 105,936.82
Remaining other assets EUR 56,337.17
Accruals (assets)
EUR 16,115.17
thereof disagio
EUR 16,115.17
Active difference from asset
offsetting EUR 40,222.00
LIABILITIES EUR 62,194,675.66
Shareholders' equity
EUR 26,776,592.94
Capital
EUR 10,000,000.00
Subscribed capital (share capital)
EUR 10,000,000.00
Balance sheet profit/loss (+/-)
EUR 16,776,592.94
Profit / loss brought forward
EUR 14,162,166.12
Annual surplus / annual deficit
EUR 2,614,426.82
Provisions
EUR 1,883,180.00
Provisions for taxes
EUR 187,119.00
Other / unspecified provisions
EUR 1,696,061.00
Liabilities
EUR 33,120,702.72
Financial debts
EUR 13,470,873.94
Liabilities due to banks
EUR 13,470,873.94
Other liabilities
EUR 19,649,828.78
Trade creditors (for IAS incl. bills
of exchange) EUR 10,169,236.78
Liabilities due to shareholders
EUR 0.00
Liabililties due to related companiesEUR 3,052,504.93
Liabilities due to investee companiesEUR 660,508.71
Unspecified other liabilities
EUR 5,767,578.36
thereof liabilities from tax /
financial authorities
EUR 71,598.66
thereof liabilities from social
security EUR 5,180.62
Other liabilities
EUR 414,200.00
Deferred taxes (not included under
provisions/liabilities)
EUR 414,200.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales
EUR 207,718,585.28
Inventory change + own costs (+/-)
EUR 3,779,755.27
Inventory change (+/-)
EUR 3,779,755.27
Other operating income EUR 594,325.32
Cost of materials
EUR 198,451,439.78
Raw materials and supplies, purchased
goods
EUR 192,952,352.87
Purchased services
EUR 5,499,086.91
Gross result (+/-)
EUR 13,641,226.09
Staff expenses
EUR 3,226,929.25
Wages and salaries
EUR 2,798,502.16
Social
security contributions and
expenses for pension plans and
benefits
EUR 428,427.09
Total depreciation
EUR 1,540,960.45
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 1,540,960.45
Other operating expenses
EUR 6,720,990.56
Operating result from continuing
operations
EUR 2,152,345.83
Result from participating interests
(+/-)
EUR 2,345,846.29
Expenses / income from participations EUR 2,345,846.29
Income from related companies
EUR 2,345,846.29
Interest result (+/-)
EUR -1,228,276.16
Interest and similar income
EUR 30,651.91
thereof from related companies
EUR 21,929.00
Interest and similar expenses
EUR 1,258,928.07
thereof paid to related companies
EUR 86,562.74
Financial result (+/-)
EUR 1,117,570.13
Result from ordinary operations (+/-)
EUR 3,269,915.96
Income tax / refund of income tax (+/-)EUR -558,857.57
Other taxes / refund of taxes
EUR -96,631.57
Tax (+/-)
EUR -655,489.14
Annual surplus / annual deficit
EUR 2,614,426.82
Type of
balance sheet: Company balance sheet
Financial
year: 01.01.2010 - 31.12.2010
ASSETS EUR 60,049,991.50
Fixed assets
EUR 31,830,160.36
Intangible assets
EUR 9,652.00
Concessions, licences, rights
EUR 9,652.00
Tangible assets
EUR 8,967,234.00
Land / similar rights
EUR 3,292,844.00
Plant / machinery EUR
3,576,351.00
Other tangible assets / fixtures and
fittings
EUR 2,098,039.00
Financial assets
EUR 22,853,274.36
Shares in participations /
subsidiaries and the like
EUR 22,853,274.36
Shares in related companies
EUR 22,791,774.36
Shares in investee companies
EUR 61,500.00
Current assets
EUR 28,169,901.13
Stocks
EUR 4,077,005.26
Raw materials, consumables and
supplies
EUR 795,000.00
Finished goods / work in progress
EUR 3,282,005.26
Accounts receivable EUR 23,795,629.01
Amounts due from shareholders
EUR 136.90
Trade debtors
EUR 15,385,349.38
Amounts due from related companies
EUR 7,233,004.74
Other debtors and assets
EUR 1,177,137.99
Liquid means
EUR 297,266.86
Remaining other assets
EUR 49,930.01
Accruals (assets)
EUR 14,528.01
thereof
disagio EUR 7,923.73
Other assets
EUR 35,402.00
LIABILITIES EUR 60,049,991.50
Shareholders' equity
EUR 26,162,166.12
Capital
EUR 10,000,000.00
Subscribed capital (share capital)
EUR 10,000,000.00
Balance sheet profit/loss (+/-)
EUR 16,162,166.12
Profit / loss brought forward
EUR 10,826,138.62
Annual surplus / annual deficit
EUR 5,336,027.50
Provisions
EUR 2,758,107.63
Provisions for taxes
EUR 959,616.63
Other / unspecified provisions EUR 1,798,491.00
Liabilities
EUR 30,879,517.75
Financial debts
EUR 13,205,212.28
Liabilities due to banks
EUR 13,205,212.28
Other liabilities EUR 17,674,305.47
Trade creditors (for IAS incl. bills
of exchange)
EUR 8,391,762.60
Liabilities due to shareholders
EUR 183,117.08
Liabililties due to related companiesEUR 3,011,558.63
Liabilities due to investee companiesEUR 40,425.84
Unspecified other liabilities
EUR 6,047,441.32
thereof liabilities from tax /
financial authorities
EUR 83,240.30
thereof liabilities from social
security
EUR 4,256.60
Other liabilities
EUR 250,200.00
Deferred taxes (not included under
provisions/liabilities) EUR 250,200.00
PROFIT AND LOSS ACCOUNT
(cost-summary method) according to Comm.
Code (HGB)
Sales
EUR 185,767,597.06
Inventory change + own costs (+/-)
EUR -156,090.90
Inventory change (+/-)
EUR -156,090.90
Other operating income
EUR 818,227.40
Cost of materials
EUR 171,704,264.98
Raw materials and supplies, purchased
goods EUR 166,729,432.14
Purchased services
EUR 4,974,832.84
Gross result (+/-)
EUR 14,725,468.58
Staff expenses
EUR 2,860,633.95
Wages and salaries
EUR 2,477,731.35
Social security contributions and
expenses for pension plans and
benefits
EUR 382,902.60
Total depreciation
EUR 1,423,292.98
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 1,423,292.98
Other operating expenses
EUR 6,480,810.56
Operating result from continuing
operations EUR 3,960,731.09
Result from participating interests
(+/-)
EUR 4,238,293.40
Expenses / income from participations EUR 4,238,293.40
Income
from related companies EUR 4,238,293.40
Interest result (+/-)
EUR -1,363,265.19
Interest and similar income
EUR 35,856.21
thereof from related companies
EUR 5,716.00
Interest and similar expenses
EUR 1,399,121.40
thereof paid to related companies
EUR 833.33
Financial result (+/-)
EUR 2,875,028.21
Result from ordinary operations (+/-)
EUR 6,835,759.30
Extraordinary expenses
EUR 23,577.52
Extraordinary result (+/-)
EUR -23,577.52
Income tax / refund of income tax (+/-)EUR -1,466,138.08
Other taxes / refund of taxes EUR -10,016.20
Tax (+/-)
EUR -1,476,154.28
Annual surplus / annual deficit
EUR 5,336,027.50
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.06 |
|
|
1 |
Rs.101.84 |
|
Euro |
1 |
Rs.81.56 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.