MIRA INFORM REPORT

 

 

Report Date :

13.12.2014

 

IDENTIFICATION DETAILS

 

Name :

ISMG (INTERNATIONAL SALES AND MARKETING GROUP) AB

 

 

Registered Office :

Finlandsgatan 52, 16474 Kista

 

 

Country :

Sweden

 

 

Date of Incorporation :

18.03.2014

 

 

Com. Reg. No.:

5569655029

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Business and Other Management Consultancy Activities.

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

 

--

NB

New Business

 

--

 

 

Status :

New Company 

 

 

Payment Behaviour :

Unknown

 

 

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, 2014

 

Country Name

Previous Rating

(30.06.2014)

Current Rating

(30.09.2014)

Sweden

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

SWEDEN - ECONOMIC OVERVIEW

 

Aided by peace and neutrality for the whole of the 20th century, Sweden has achieved an enviable standard of living under a mixed system of high-tech capitalism and extensive welfare benefits. It has a modern distribution system, excellent internal and external communications, and a highly skilled labor force. In September 2003, Swedish voters turned down entry into the euro system concerned about the impact on the economy and sovereignty. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Privately owned firms account for vast majority of industrial output, of which the engineering sector accounts for about 50% of output and exports. Agriculture accounts for little more than 1% of GDP and of employment. Until 2008, Sweden was in the midst of a sustained economic upswing, boosted by increased domestic demand and strong exports. This, and robust finances, offered the center-right government considerable scope to implement its reform program aimed at increasing employment, reducing welfare dependence, and streamlining the state's role in the economy. Despite strong finances and underlying fundamentals, the Swedish economy slid into recession in the third quarter of 2008 and the contraction continued in 2009 as deteriorating global conditions reduced export demand and consumption. Strong exports of commodities and a return to profitability by Sweden's banking sector drove a rebound in 2010, but growth slipped in 2013, as a result of continued economic weakness in the EU - Sweden’s main export market.

 

Source : CIA


Company Summary

 

Business Name

ISMG (International Sales and Marketing Group) AB

Country

SWEDEN

Company Registration Number

5569655029

Main Activity

Business and other management consultancy activities

Activity Code

70220

Company Status

Active

Latest Turnover Figure                                                     --

Latest Shareholder Equity Figure

--

 

 

Basic Information

 

Business Name

ISMG (International Sales and Marketing Group) AB

Registered Company Name

ISMG (International Sales and Marketing Group) AB

Company Registration Number

5569655029

Country

SWEDEN

VAT Registration Number

SE556965502901

Date of Company Registration

18/03/2014

Legal Form

Limited liability company

Company Status

Active

Currency of this Report

SEK

Principal Activity Description

Consulting firm marketing clients' deals at fairs, events, festivals or other places and situations where customers want us to find ourselves.

Contact Address

Finlandsgatan 52, 16474 KISTA

Contact Telephone Number

0760-939495

 

 

Activities

 

Activity Code

Activity Description

70220

Business and other management consultancy activities

 

 

Financial Information

 

No financial information for this company.

 

 

Contact Information

 

Main Address

Address

Country

Telephone

Finlandsgatan 52, 16474 Kista

Sweden

0760-939495

 

Other Address

Address Country

No other addresses for this company.

 

Email Addresses

No information for this company.

 

Web Pages

No information for this company.

 

 

Share Capital Structure

 

Issued Share Capital                            100.000

 

 

Directors/Managers

 

Current Directors

 

Name

Appointment Date

Position

Omar Khan

18/03/2014

Actual Member of Board

Eva-Melinda Nagy

18/03/2014

Actual Member of Board

Sarah Sacha Carla Philipson

18/03/2014

Actual Member of Board

 

 

Group Structure

 

No group structure for this company.

 

 

Other Information

 

Employee Information

Year                                                                             Number of Employees

No employee information for this company                                --

 

Advisors

No advisor information for this company.

 

 

Additional Information

 

Tax Registration

Registered for FTax

 

Yes

 

Registered for VAT

 

Yes

 

Registered for Employee Tax

 

Yes

 

 

 

Certificates

Type

Category

 

Issuer

No certificate information for this company

 

 

 

 

 

Industry Comparison

 

Activity Code                70220

Activity Description      Business and other management consultancy activities

 

Event History

 

Event History

Event Description

21/05/2014

PAYE registered

01/05/2014

Phone number, new

15/04/2014

Company tax, changed

15/04/2014

Employment tax, changed

15/04/2014

VAT, changed

19/03/2014

Authorised signatories amended or new/amended vacancy text

19/03/2014

Company business activity, changed

19/03/2014

Status, changed

19/03/2014

Address, changed

19/03/2014

Share capital, new

19/03/2014

Company representatives, changed

 

 

Negative Information

 

 

Debt balance at the Swedish Enforcement Agency

Number of Private Claims                                            --

Balance of Private Claims                                            --         

Number of Public Claims                                             --

Balance of Public Claims                                             --

Total Balance                                                               --

 

Record of non-payment

Number of distraint attempts and repossessions          --

Number of public claims                                              --

Number of private claims                                             --

Number of applications for an order to pay                  --

Number of reclaimed/revoked applications                  --

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.44

UK Pound

1

Rs.98.15

Euro

1

Rs.77.38

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

NIT

 

               

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.