|
Report Date : |
13.02.2014 |
IDENTIFICATION DETAILS
|
Name : |
REVIEW KG |
|
|
|
|
Registered Office : |
Berliner Allee 2, D 40212 Düsseldorf |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
17.11.2008 |
|
|
|
|
Legal Form : |
Limited Partnership |
|
|
|
|
Line of Business : |
·
Wholesaler of
textiles ·
Retail sale
of clothing ·
Other retail
sale in specialized stores n.e.c. |
|
|
|
|
No of Employees : |
56 |
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.
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, contributed to strong growth in 2006 and
2007 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 6.5% in 2012. GDP contracted 5.1% in 2009 but grew
by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7% in 2012 - a
reflection of low investment spending due to crisis-induced uncertainty and the
decreased demand for German exports from recession-stricken periphery
countries. 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. 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. By 2014, the federal government wants
to balance its budget. 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 |
Review KG
Berliner Allee 2
D 40212
Düsseldorf
Telephone:0211/3662-422
Telefax: 0211/3662-461
Homepage:
www.review-fashion.de
E-mail: review@review-fashion.de
Active
DE815026173
Business
relations are permissible.
LEGAL FORM Limited partnership
Date of
foundation: 17.11.2008
Registered
on: 17.11.2008
Register of
companies: Local court 40227 Düsseldorf
under: HRA 20295
Total cap.
contribution: EUR 100,000.00
Peek &
Cloppenburg Kommanditgesellschaft
Berliner Allee 2
D 40212
Düsseldorf
Post Box:
10 41 42, D 40032
Düsseldorf
Legal form:
Limited partnership
Total cap. EUR 101,080,953.65
contribution:
Share: EUR 100,000.00
Registered on:
27.01.1972
Reg. data: 40227
Düsseldorf, HRA 6862
|
Andreas Heller |
|
Leinenweberweg
14 |
|
D 40593
Düsseldorf |
|
born: 09.02.1947 |
|
Profession:
Businessman |
|
Thomas
Großjohann |
|
D 45130 Essen |
|
born: 25.06.1967 |
|
Review
Komplementär GmbH |
|
Berliner
Allee 2 |
|
D
40212 Düsseldorf |
|
Legal
form: Private limited company |
|
Share
capital: EUR 25,000.00 |
|
Registered
on: 03.07.2008 |
|
Reg.
data: 40227 Düsseldorf, HRB 59074 |
|
Peek & Cloppenburg
Kommanditgesellschaft |
|
Berliner Allee 2 |
|
D 40212
Düsseldorf |
|
Post Box: |
|
10 41 42, D
40032 Düsseldorf |
|
Legal form:
Limited partnership |
|
Total cap. EUR 101,080,953.65 |
|
contribution: |
|
Share: EUR 25,000.00 |
|
Registered
on: 27.01.1972 |
|
Reg.
data: 40227 Düsseldorf, HRA 6862 |
|
Harro Uwe Johann
Cloppenburg |
|
CH Feusisberg |
|
having sole
power of representation |
|
born: 28.10.1940 |
|
Profession:
Businessman |
|
Marital status:
married |
|
Magister
Wolfgang Sauerzapf |
|
A Gamlitz |
|
authorized to
jointly represent the company |
|
born: 01.08.1964 |
|
Nationality:
Austrian |
|
Marital status:
unknown |
|
Dr. Horst
Clemens |
|
D 40210
Düsseldorf |
|
authorized to
jointly represent the company |
|
born: 11.03.1967 |
|
Jesper Reismann |
|
D 47798 Krefeld |
|
authorized to
jointly represent the company |
|
born: 22.10.1966 |
|
Patrick
Maximilian Cloppenburg |
|
D 40212
Düsseldorf |
|
authorized to jointly
represent the company |
|
born: 02.07.1982 |
|
Harro Uwe Johann
Cloppenburg |
|
CH Feusisberg |
|
having sole
power of representation |
|
born: 28.10.1940 |
|
Profession:
Businessman |
|
Marital status:
married |
|
Magister Wolfgang
Sauerzapf |
|
A Gamlitz |
|
authorized to
jointly represent the company |
|
born: 01.08.1964 |
|
Nationality:
Austrian |
|
Marital status:
unknown |
|
Horst Uwe Fehr |
|
D 47798 Krefeld |
|
authorized to
jointly represent the company |
|
born: 15.09.1962 |
|
Dr. Horst
Clemens |
|
D 40210
Düsseldorf |
|
authorized to
jointly represent the company |
|
born: 11.03.1967 |
|
Jesper Reismann |
|
D 47798 Krefeld |
|
authorized to
jointly represent the company |
|
born: 22.10.1966 |
|
Dr. Igor-Philipp
Matic |
|
D 82166
Gräfelfing |
|
authorized to
jointly represent the company |
|
born: 25.06.1969 |
|
Patrick
Maximilian Cloppenburg |
|
D 40212
Düsseldorf |
|
authorized to
jointly represent the company |
|
born: 02.07.1982 |
Further functions/participations of Andreas Heller (General partner)
|
James
Cloppenburg KG Horn |
|
Berliner Allee 2 |
|
D 40212
Düsseldorf |
|
Legal form:
Limited partnership |
|
Total cap. EUR 35,802,635.72 |
|
contribution: |
|
Registered
on: 28.09.1969 |
|
Reg. data: 40227 Düsseldorf, HRA 6225 |
|
|
|
Peek &
Cloppenburg Kommanditgesellschaft |
|
Berliner Allee 2 |
|
D 40212
Düsseldorf |
|
Post Box: |
|
10 41 42, D
40032 Düsseldorf |
|
Legal form: Limited
partnership |
|
Total cap. EUR 101,080,953.65 |
|
contribution: |
|
Registered on:
27.01.1972 |
|
Reg. data: 40227 Düsseldorf, HRA 6862 |
|
|
|
ANSON'S
Herrenhaus Kommanditgesellschaft |
|
Berliner Allee 2 |
|
D 40212
Düsseldorf |
|
Legal form:
Limited partnership |
|
Total cap. EUR 23,860,188.80 |
|
contribution: |
|
Registered
on: 26.11.1990 |
|
Reg. data: 40227 Düsseldorf, HRA 11119 |
|
|
|
Delos
Grundbesitz Kommanditgesellschaft |
|
Geibelstr. 20 |
|
D 40235 Düsseldorf |
|
Legal form:
Limited partnership |
|
Total cap. EUR 6,840,623.67 |
|
contribution: |
|
Registered
on: 03.12.1990 |
|
Reg. data: 40227 Düsseldorf, HRA 11122 |
|
|
|
James
Cloppenburg KG Delos |
|
Geibelstr. 20 |
|
D 40235 Düsseldorf |
|
Legal form:
Limited partnership |
|
Total cap. EUR 6,766,857.55 |
|
contribution: |
|
Registered
on: 20.10.1995 |
|
Reg. data: 40227 Düsseldorf, HRA 12510 |
|
|
|
James
Cloppenburg KG Anson's |
|
Berliner Allee 2 |
|
D 40212
Düsseldorf |
|
Legal form:
Limited partnership |
|
Total cap. EUR 16,135,579.78 |
|
contribution: |
|
Registered
on: 16.08.2001 |
|
Reg. data: 40227 Düsseldorf, HRA 14900 |
|
|
|
James
Cloppenburg KG P&C |
|
Geibelstr. 20 |
|
D 40235
Düsseldorf |
|
Legal form:
Limited partnership |
|
Total cap. EUR 58,708,572.83 |
|
contribution: |
|
Registered
on: 05.09.2001 |
|
Reg. data: 40227 Düsseldorf, HRA 14926 |
|
|
|
Naxos
Grundbesitz KG |
|
Geibelstr. 20 |
|
D 40235 Düsseldorf |
|
Legal form:
Limited partnership |
|
Total cap. EUR 997.09 |
|
contribution: |
|
Registered
on: 15.11.2001 |
|
Reg. data: 40227 Düsseldorf, HRA 14989 |
|
|
|
McNeal KG |
|
Berliner Allee 2 |
|
D 40212
Düsseldorf |
|
Legal form:
Limited partnership |
|
Total cap. EUR 100,000.00 |
|
contribution: |
|
Registered
on: 27.05.2008 |
|
Reg. data: 40227 Düsseldorf, HRA 20004 |
|
|
|
Horn
Dienstleistungs KG |
|
Berliner Allee 2 |
|
D 40212
Düsseldorf |
|
Legal form:
Limited partnership |
|
Total cap. EUR 1,581,920.00 |
|
contribution: |
|
Registered
on: 13.02.2008 |
|
Reg. data: 40227 Düsseldorf, HRA 19849 |
|
|
|
P & C
Dienstleistungs KG |
|
Berliner Allee 2 |
|
D 40212
Düsseldorf |
|
Legal form:
Limited partnership |
|
Total cap. EUR 1,711,700.00 |
|
contribution: |
|
Registered on:
21.12.2006 |
|
Reg. data: 40227 Düsseldorf, HRA 19088 |
|
|
|
Horn Grundbesitz
KG |
|
Geibelstr. 20 |
|
D 40235
Düsseldorf |
|
Legal form:
Limited partnership |
|
Total cap. EUR 43,617,275.11 |
|
contribution: |
|
Registered
on: 01.12.1937 |
|
Reg. data: 40227 Düsseldorf, HRA 2400 |
|
|
|
James
Cloppenburg KG Naxos |
|
Geibelstr. 20 |
|
D 40235
Düsseldorf |
|
Legal form:
Limited partnership |
|
Total cap. EUR 13,819,020.00 |
|
contribution: |
|
Registered
on: 03.03.2009 |
|
Reg. data: 40227 Düsseldorf, HRA 20462 |
|
Logistik Hamburg
Beteiligungs GmbH |
|
Liesegangstr. 5 |
|
D 40211
Düsseldorf |
|
Legal form:
Private limited company |
|
Share
capital: EUR 25,000.00 |
|
Registered
on: 19.05.2004 |
|
Reg. data: 40227 Düsseldorf, HRB 49876 |
|
|
|
Review Retail
GmbH & Co. KG |
|
Berliner Allee 2 |
|
D 40212
Düsseldorf |
|
Legal form: Ltd
partnership with priv. ltd. |
|
company as
general partner |
|
Total cap. EUR 100,000.00 |
|
contribution: |
|
Registered
on: 24.10.2011 |
|
Reg. data: 40227 Düsseldorf, HRA 21771 |
|
|
|
McNeal Retail
GmbH & Co. KG |
|
Berliner Allee 2 |
|
D 40212
Düsseldorf |
|
Legal form: Ltd
partnership with priv. ltd. |
|
company as
general partner |
|
Total cap. EUR 100,000.00 |
|
contribution: |
|
Registered
on: 02.11.2011 |
|
Reg. data: 40227 Düsseldorf, HRA 21781 |
|
|
|
McNeal GmbH |
|
Berliner Allee 2 |
|
D 40212
Düsseldorf |
|
Legal form:
Private limited company |
|
Share capital: EUR 25,000.00 |
|
Registered
on: 29.12.2005 |
|
Reg. data: 40227 Düsseldorf, HRB 53162 |
Further functions/participations of Thomas
Großjohann (General partner)
General
partner:
James Cloppenburg KG Horn
Berliner Allee 2
D 40212 Düsseldorf
Legal form: Limited
partnership
Total cap. EUR 35,802,635.72
contribution:
Registered on: 28.09.1969
Reg. data: 40227 Düsseldorf, HRA 6225
General partner:
Peek & Cloppenburg
Kommanditgesellschaft
Berliner Allee 2
D 40212 Düsseldorf
Post Box:
10 41 42, D 40032
Düsseldorf
Legal form: Limited
partnership
Total cap. EUR 101,080,953.65
contribution:
Registered on: 27.01.1972
Reg. data: 40227 Düsseldorf, HRA 6862
General partner:
Horn Grundbesitz KG
Geibelstr. 20
D 40235 Düsseldorf
Legal form: Limited
partnership
Total cap. EUR 43,617,275.11
contribution:
Registered on: 01.12.1937
Reg. data: 40227 Düsseldorf, HRA 2400
General partner:
Delos Grundbesitz
Kommanditgesellschaft
Geibelstr. 20
D 40235 Düsseldorf
Legal form: Limited
partnership
Total cap. EUR 6,840,623.67
contribution:
Registered on: 03.12.1990
Reg. data: 40227 Düsseldorf, HRA 11122
General partner:
ANSON'S Herrenhaus
Kommanditgesellschaft
Berliner Allee 2
D 40212 Düsseldorf
Legal form: Limited
partnership
Total cap. EUR 23,860,188.80
contribution:
Registered on: 26.11.1990
Reg. data: 40227 Düsseldorf, HRA 11119
General partner:
James Cloppenburg KG
Delos
Geibelstr. 20
D 40235 Düsseldorf
Legal form: Limited
partnership
Total cap. EUR 6,766,857.55
contribution:
Registered on: 20.10.1995
Reg. data: 40227 Düsseldorf, HRA 12510
General partner:
James Cloppenburg KG
Anson's
Berliner Allee 2
D 40212 Düsseldorf
Legal form: Limited partnership
Total cap. EUR 16,135,579.78
contribution:
Registered on: 16.08.2001
Reg. data: 40227 Düsseldorf, HRA 14900
General partner:
James Cloppenburg KG
P&C
Geibelstr. 20
D 40235 Düsseldorf
Legal form: Limited
partnership
Total cap. EUR 58,708,572.83
contribution:
Registered on: 05.09.2001
Reg. data: 40227 Düsseldorf, HRA 14926
General partner:
Naxos Grundbesitz KG
Geibelstr. 20
D 40235 Düsseldorf
Legal form: Limited
partnership
Total cap. EUR 997.09
contribution:
Registered on: 15.11.2001
Reg. data: 40227 Düsseldorf, HRA 14989
General
partner:
McNeal KG
Berliner Allee 2
D 40212 Düsseldorf
Legal form: Limited
partnership
Total cap. EUR 100,000.00
contribution:
Registered on: 27.05.2008
Reg. data: 40227 Düsseldorf, HRA 20004
General
partner:
P & C Dienstleistungs
KG
Berliner Allee 2
D 40212 Düsseldorf
Legal form: Limited
partnership
Total cap. EUR 1,711,700.00
contribution:
Registered on: 21.12.2006
Reg. data: 40227 Düsseldorf, HRA 19088
General partner:
Horn Dienstleistungs KG
Berliner Allee 2
D 40212 Düsseldorf
Legal form: Limited partnership
Total cap. EUR 1,581,920.00
contribution:
Registered on: 13.02.2008
Reg. data: 40227 Düsseldorf, HRA 19849
General partner:
James Cloppenburg KG
Naxos
Geibelstr. 20
D 40235 Düsseldorf
Legal form: Limited
partnership
Total cap. EUR 13,819,020.00
contribution:
Registered on: 03.03.2009
Reg. data: 40227 Düsseldorf, HRA 20462
17.11.2008 - 13.02.2012 Review GmbH & Co. KG
Berliner Allee 2
D 40212 Düsseldorf
Ltd partnership with
priv. ltd. company
as general partner
Main industrial sector
4641
Wholesale of textiles
4771 Retail sale of clothing
47789 Other retail sale in specialized stores
n.e.c.
Branch:
Review KG
Poensgenstr. 25
D 40764 Langenfeld
PARTICIPATIONS
Limited partner:
Review Retail GmbH &
Co. KG
Berliner Allee 2
D 40212 Düsseldorf
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 100,000.00
contribution:
Share: EUR 100,000.00
Reg. data: 24.10.2011
Local
court 40227 Düsseldorf
HRA
21771
Shareholder:
Review Retail
Komplementär GmbH
Berliner Allee 2
D 40212 Düsseldorf
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 14.07.2011
Local
court 40227 Düsseldorf
HRB
66006
Payment
experience: within agreed terms
Negative
information: We have no negative information at hand.
Balance
sheet year: 2010
Type of
ownership: Tenant
Address Berliner Allee 2
D 40212
Düsseldorf
Real Estate of: Review Komplementär GmbH
Type of ownership: Tenant
Address Berliner Allee 2
D 40212
Düsseldorf
Land register documents were not available.
DEUTSCHE BANK, 40189 DÜSSELDORF
Sort. code: 30070010
BIC: DEUTDEDDXXX
HSBC TRINKAUS & BURKHARDT, 40002
DÜSSELDORF
Sort. code: 30030880
BIC: TUBDDEDDXXX
Turnover: 2012 EUR 30,400,000.00
2013 EUR 30,500,000.00
further business figures:
Equipment: EUR 900,000.00
Ac/ts receivable: EUR 3,200,000.00
Liabilities: EUR 5,500,000.00
Employees: 56
Balance
sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 73.58
Liquidity ratio: 10.00
Return on total capital [%]: 10.82
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 15.77
Liquidity ratio: 4.44
Balance sheet ratios 18.11.2008 - 31.12.2008
Equity ratio [%]: 91.26
Liquidity ratio: 10.00
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.
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.
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:
01.01.2010 - 31.12.2010
ASSETS EUR 7,090,766.38
Fixed assets
EUR 1,258,481.00
Intangible assets
EUR 7,234.00
Concessions, licences, rights
EUR 7,234.00
Tangible assets
EUR 1,251,247.00
Land / similar rights EUR 216,489.00
Other tangible assets / fixtures and
fittings
EUR 1,034,758.00
Current assets
EUR 5,428,439.23
Stocks
EUR 300,072.59
Finished goods / work in progress
EUR 300,072.59
Accounts receivable
EUR 1,548,559.47
Amounts due from shareholders
EUR 511,830.13
Trade debtors EUR 167,980.77
Amounts due from related companies
EUR 29,669.87
Other debtors and assets
EUR 839,078.70
Liquid means
EUR 3,579,807.17
Remaining other assets
EUR 403,846.15
Accruals (assets)
EUR 403,846.15
LIABILITIES EUR 7,090,766.38
Shareholders' equity
EUR 1,600,000.00
Capital EUR 100,000.00
Reserves
EUR 1,500,000.00
Provisions
EUR 583,927.01
Provisions for taxes
EUR 100,990.00
Other / unspecified provisions
EUR 482,937.01
Liabilities
EUR 4,906,839.37
Other liabilities
EUR 4,906,839.37
Trade creditors (for IAS incl. bills
of exchange)
EUR 548,242.76
Liabilities due to shareholders
EUR 3,753,324.86
Liabililties due to related companiesEUR 489,763.44
Unspecified other liabilities
EUR 115,508.31
thereof liabilities from tax /
financial authorities
EUR 78,078.21
thereof liabilities from social
security
EUR 3,516.99
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code (HGB)
Sales
EUR 29,592,546.89
Other operating income
EUR 7,516.99
Cost of materials
EUR 23,891,917.15
Raw materials and supplies, purchased
goods
EUR 23,891,917.15
Gross result (+/-)
EUR 5,708,146.73
Staff expenses
EUR 2,040,125.27
Wages and salaries EUR 1,797,046.11
Social security contributions and
expenses for pension plans and
benefits
EUR 243,079.16
Total depreciation
EUR 207,168.51
Depreciation
on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 207,168.51
Other operating expenses
EUR 2,578,188.01
Operating result from continuing
operations
EUR 882,664.94
Interest result (+/-)
EUR -70,386.43
Interest and similar income
EUR 6,903.90
Interest and similar expenses
EUR 77,290.33
thereof paid to related companies
EUR 75,509.11
Financial result (+/-)
EUR -70,386.43
Result from ordinary operations (+/-)
EUR 812,278.51
Extraordinary expenses
EUR 16,336.00
Other extraordinary expenses
EUR 16,336.00
Extraordinary result (+/-)
EUR -16,336.00
Income tax / refund of income tax (+/-)EUR -100,990.00
Tax (+/-)
EUR -100,990.00
Annual surplus / annual deficit
EUR 694,952.51
Type of
balance sheet:
Company balance sheet
Financial
year:
01.01.2009 - 31.12.2009
ASSETS EUR 8,193,610.53
Fixed assets
EUR 464,278.00
Intangible assets
EUR 2,442.00
Other / unspecified intangible assetsEUR 2,442.00
Tangible assets
EUR 461,836.00
Other / unspecified tangible assets
EUR 461,836.00
Current assets
EUR 7,729,332.53
Stocks
EUR 86,763.78
Accounts receivable
EUR 1,529,091.55
Other debtors and assets
EUR 1,529,091.55
Liquid means
EUR 6,113,477.20
LIABILITIES EUR 8,193,610.53
Shareholders' equity
EUR 1,293,060.36
Capital
EUR 100,000.00
Subscribed capital (share capital)
EUR 100,000.00
Reserves EUR 1,500,000.00
Capital reserves
EUR 1,500,000.00
Balance sheet profit/loss (+/-)
EUR -306,939.64
Balance sheet profit / loss
EUR -306,939.64
Provisions EUR 442,606.06
Liabilities
EUR 6,457,944.11
Other liabilities
EUR 6,457,944.11
Unspecified other liabilities
EUR 6,457,944.11
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 62.12 |
|
|
1 |
Rs. 102.25 |
|
Euro |
1 |
Rs. 84.72 |
INFORMATION DETAILS
|
Report Prepared
by : |
DPT |
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.