|
Report Date : |
06.11.2014 |
IDENTIFICATION DETAILS
|
Name : |
VLERICK KIDS FASHION NV |
|
|
|
|
Registered Office : |
Westerring 37, 9700 Oudenaarde |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
01.07.2013 |
|
|
|
|
Date of Incorporation : |
01.05.1957 |
|
|
|
|
Com. Reg. No.: |
406725948 |
|
|
|
|
Legal Form : |
Public Limited Liability Company (BE) |
|
|
|
|
Line of Business : |
Manufacture of other outerwear. |
|
|
|
|
No. of Employees : |
27 |
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 : |
Slow but correct |
|
|
|
|
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 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Belgium |
A1 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BELGIUM - ECONOMIC OVERVIEW
This modern, open, and
private-enterprise-based economy has capitalized on its central geographic location,
highly developed transport network, and diversified industrial and commercial
base. Industry is concentrated mainly in the more heavily-populated region of
Flanders in the north. With few natural resources, Belgium imports substantial
quantities of raw materials and exports a large volume of manufactures, making
its economy vulnerable to volatility in world markets. Roughly three-quarters
of Belgium's trade is with other EU countries, and Belgium has benefited most
from its proximity to Germany. In 2013 Belgian GDP grew by 0.1%, the
unemployment rate increased to 8.8% from 7.6% the previous year, and the
government reduced the budget deficit from a peak of 6% of GDP in 2009 to 3.2%.
Despite the relative improvement in Belgium's budget deficit, public debt
hovers around 100% of GDP, a factor that has contributed to investor
perceptions that the country is increasingly vulnerable to spillover from the
euro-zone crisis. Belgian banks were severely affected by the international
financial crisis in 2008 with three major banks receiving capital injections
from the government, and the nationalization of the Belgian retail arm of a
Franco-Belgian bank.
|
Source
: CIA |
|
Business
number |
406725948 |
|
Company
name |
VLERICK KIDS FASHION NV |
|
Address |
WESTERRING 37 |
|
|
9700 OUDENAARDE |
|
Number
of staff |
27 |
|
Date
of establishment |
01/05/1957 |
|
Telephone
number |
055302878 |
|
Fax
number |
055302678 |
Ultimate holding
company
Company Name Company Number
Vleho NV 465183789
The business was established over 45 years ago.
The business has 27 employees.
The business is part of a group.
The business has been at the address for over 7 years.
Operating Result in the latest trading period increased 37% on the
previous trading period.
The business saw a decrease in their Cash Balance of 65% during the
latest trading period.
|
DATE OF LATEST
ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET
WORTH |
WORKING
CAPITAL |
|
01/07/2013 |
18.212.734 |
27,426 |
960,812 |
2,201,159 |
|
01/07/2012 |
16,313,497 |
-27,251 |
855,536 |
2,083,370 |
|
01/07/2011 |
15,334,856 |
2,732 |
1,308,752 |
2,541,840 |
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
01/07/2013 |
6,572,333 |
27 |
65,000 |
138,500 |
|
01/07/2012 |
5,439,545 |
26 |
65,000 |
-926 |
|
01.07.2011 |
6,904,676 |
25 |
65,000 |
20,927 |
Past payments
Payment expectation days 41.26
Industry average payment
expectation days 91.95
Industry average day sales
Outstanding 85.16
Day sales outstanding 15.20
|
BANKRUPTCY DETAILS |
|
|
Court action type |
no |
|
PROTESTED BILLS |
|
|
Bill amount |
- |
|
NSSO DETAILS |
|
Business number 406725948
Company name VLERICK KIDS
FASHION NV
Fax number 055302678
Date founded 01/05/1957
Company status active
Company type Public Limited
Liability Company (BE)
Currency Euro (€)
Date of latest accounts 01/07/2013
Activity code 14130
Liable for VAT yes
Activity description Manufacture of
other outerwear
VAT Number BE.0406.725.948
Check VAT number
Belgian Bullettin of Acts
Publications Moniteur Belge
Social Balance Sheet Details
|
Social
Balance Sheet |
Total |
|
|
|
|
During
the reporting year |
|
|
|
|
|
ended
01-07-2013 |
|
|
|
|
|
Full-time
Employees |
26 |
|
|
|
|
Part-time
Employees |
2 |
|
|
|
|
Total
Fte Employees |
28 |
|
|
|
|
|
||||
|
Number
of hours worked |
||||
|
Full-time
Employees |
40.842 |
|
|
|
|
Part-time
Employees |
2.739 |
|
|
|
|
Total |
43,581 |
|
|
|
|
|
||||
|
Personnel
Charges |
||||
|
Full-time
Employees |
1,205,283 |
|
|
|
|
Part-time
Employees |
80,845 |
|
|
|
|
Total |
1,286,128 |
|
|
|
|
Benefits
In Addition To Wanes |
10,133 |
|
|
|
|
|
||||
|
During
the previous reporting year |
||||
|
Average
number employees in Fte |
26 |
|
|
|
|
Actual
working hours |
43,055 |
|
|
|
|
Personnel
Charges |
1,228,490 |
|
|
|
|
Benefits
In Addition To Wages |
7,188 |
|
|
|
|
|
|
|
|
|
|
|
||||
|
Type
of Contract |
Full-Time |
Part-Time |
Total Fte |
|
|
Unlimited
Duration Contracts |
26 |
2 |
28 |
|
|
Limited
Duration Contracts |
- |
- |
- |
|
|
Contracts
For Specific Work |
- |
- |
- |
|
|
Contracts
Regarding Substitution |
- |
- |
- |
|
General and Education Level
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
|||
|
Secondairv
education |
4 |
- |
4 |
|
Higher
education (non-university) |
- |
- |
- |
|
Higher
education (university) |
- |
- |
- |
|
|
|||
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
- |
1 |
1 |
|
Secondairv
education |
18 |
1 |
19 |
|
Higher
education (non-university) |
4 |
- |
4 |
|
Higher
education (university) |
-
|
- |
- |
|
Working
Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
12 |
2 |
14 |
|
White
collar worker |
14 |
- |
14 |
|
Blue
collar worker |
- |
- |
- |
|
Temporary
personnel |
Total |
|
|
|
Average
number of temporary staff |
3 |
|
|
|
Actual
working hours |
6,143 |
|
|
|
Cost
of temporary staff |
110,407 |
|
|
|
|
|||
|
|
|||
|
New
staff and leavers |
Full-Time |
Part-Time |
Total
Fte |
|
New
Starters |
2 |
- |
2 |
|
Leavers
|
1 |
- |
1 |
Joint Industrial Committee (JIC)
|
JIC
Code |
109 |
|
Description |
JC for the industry of the
clothinq and qarments firms |
|
category |
|
|
|
|
|
JIC
Code |
215 |
|
Description |
JC for the employees in
the clotinq and qarments firms |
|
category |
|
|
Significant
Events |
|
|
Event
Date |
31/12/2012 |
|
Event
Description |
Re-appointment of
director(s) |
|
Event
Details |
Commentaar 31-12-2012:
Herbenoemd als bestuurders voor een periode van 6 jaar: Vlerick Dirk, Vlerick
Els en NV Vleho (tevens als gedelegeerd bestuurder). |
PROFIT
& LOSS
|
|
Annual accounts |
01-07-2013 |
% |
01-07-2012 |
% |
01-07-2011 |
Industry
average 2013 |
% |
|
|
Weeks |
52 |
|
52 |
|
52 |
|
|
|
|
Currency |
EUR |
|
EUR |
|
EUR |
|
|
|
|
Turnover |
18,212,734 |
11.64 |
16,313,497 |
6.38 |
15,334,856 |
24,298,144 |
-25.04 |
|
|
Total operating expenses |
16,536,911 |
9.56 |
15,094,254 |
8.75 |
13,880,346 |
23,133,054 |
-28.51 |
|
|
1,675,823 |
37.45 |
1,219,243 |
-16.17 |
1,454,510 |
230,245 |
627 |
|
|
|
190,622 |
-46.80 |
358,315 |
568 |
53,562 |
27,297 |
598 |
|
|
|
1,839,019 |
14.59 |
1,604,810 |
6.61 |
1,505,341 |
108,916 |
1588 |
|
|
|
27,426 |
100 |
-27,251 |
-1097 |
2,732 |
146,960 |
-81.34 |
|
|
|
681 |
500 |
113 |
7219 |
-2 |
23,844 |
-97.14 |
|
|
|
26,745 |
97.73 |
-27,365 |
-1101 |
2,733 |
130,608 |
-79.52 |
|
|
|
-591 |
-98.06 |
-298 |
26.82 |
-1,113 |
3,604 |
-116 |
|
|
|
0.00 |
- |
0.00 |
- |
0.00 |
- |
- |
|
|
|
26,154 |
94.54 |
-27,663 |
-1806 |
1,621 |
133,218 |
-80.37 |
|
|
OTHER INFORMATION |
||||||||
|
|
- |
- |
- |
- |
- |
169,426 |
- |
|
|
|
- |
- |
- |
- |
- |
441,849 |
- |
|
|
|
- |
- |
- |
- |
- |
298,614 |
- |
|
|
|
1,286,128 |
4.69 |
1,228,490 |
-1.57 |
1,248,123 |
954,543 |
34.74 |
|
|
|
Wages and salary |
923,689 |
5.26 |
877,537 |
-1.34 |
889,437 |
727,173 |
27.02 |
|
|
Employee pension costs |
- |
- |
- |
- |
- |
157,050 |
- |
|
|
Social security contributions |
327,610 |
3.22 |
317,387 |
-1.53 |
322,304 |
229,158 |
42.96 |
|
|
Other employee costs |
34,829 |
3.77 |
33,565 |
-7.74 |
36,383 |
36,766 |
-5.27 |
|
|
112,347 |
320 |
26,737 |
38.49 |
19,306 |
103,925 |
8.10 |
|
BALANCE SHEET
|
|
Annual
accounts |
01-072013 |
% |
01-072012 |
% |
01-072011 |
Industry
average 2013 |
% |
|
|
Weeks |
52 |
|
52 |
|
52 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Currency |
EUR |
|
EUR |
|
EUR |
|
|
|
|
348,532 |
- |
427,654 |
- |
2,101 |
111,061 |
213 |
|
|
|
65,052 |
-16.13 |
77,565 |
7.26 |
72,312 |
425,084 |
-84.70 |
|
|
|
Land & building |
- |
- |
- |
- |
- |
445,433 |
- |
|
|
Plant & machinery |
6,129 |
-25.52 |
8,229 |
-31.69 |
12,046 |
135,473 |
-95.48 |
|
|
Furniture & Vehicles |
55,650 |
-12.84 |
63,851 |
21.46 |
52,570 |
55,928
7,492 |
-0.50 |
|
|
Leasing & Other Similar Rights |
- |
- |
- |
- |
- |
162,613
15,668 |
- |
|
|
Other tangible assets |
3,273 |
-40.32 |
5,484 |
-28.74 |
7,696 |
50,964 |
-93.58 |
|
|
18,000 |
0 |
18,000 |
0 |
18,000 |
357,387 |
-94.96 |
|
|
|
431,584 |
-17.51 |
523,219 |
466 |
92,412 |
736,029 |
-41.36 |
|
|
|
5,040,383 |
51.63 |
3,324,147 |
-23.99 |
4,373,279 |
915,256 |
450 |
|
|
|
Raw materials & consumables |
572,497 |
61.04 |
355,506 |
-16.82 |
427,386 |
725,713 |
-21.11 |
|
|
Work in progress |
0 |
- |
0 |
- |
0 |
10,254 |
-100 |
|
|
Finished goods |
4,467,886 |
50.50 |
2,968,641 |
-24.77 |
3,945,894 |
378,974 |
1078 |
|
|
Other stocks |
0 |
- |
0 |
- |
0 |
153,386 |
-100 |
|
|
758,461 |
23.82 |
612,564 |
-66.43 |
1,824,998 |
850,247 |
-10.80 |
|
|
|
Cash |
336,188 |
-65.48 |
973,987 |
61.97 |
601,351 |
476,501 |
-29.45 |
|
|
0 |
- |
0 |
-100 |
2,455 |
148,597 |
-100 |
|
|
|
5,717 |
1.57 |
5,628 |
-44.71 |
10,180 |
633,680 |
-99 |
|
|
|
6,140,749 |
24.91 |
4,916,326 |
-27.83 |
6,812,263 |
2,648,864 |
131 |
|
|
|
6,572,333 |
20.83 |
5,439,545 |
-21.22 |
6,904,676 |
3,311,537 210,416 |
98.47 |
CURRENT
LIABILITIES
|
|
1,869,217 |
38.72 |
1,347,469 |
4.99 |
1,283,456 |
659,027 |
183 |
|
|
|
- |
- |
- |
- |
- |
- |
- |
|
|
|
600,000 |
- |
- |
- |
800,000 |
216,328
28,478 |
177 |
|
|
|
- |
- |
- |
- |
- |
438,826
18,458 |
- |
|
|
|
248,874 |
-13.61 |
288,078 |
11.75 |
257,782 |
16,535- |
24.65 |
|
|
|
1,221,500 |
2.01 |
1,197,409 |
-37.93 |
1,929,186 |
354 |
|
|
|
|
3,939,590 |
39.06 |
2,832,956 |
-33.66 |
4,270,424
• |
1,302,844 |
202 |
|
|
LONG TERM DEBTS AND LIABILITIES |
||||||||
|
|
Long
term group loans |
- |
- |
- |
- |
- |
- |
|
|
|
Other
long term loans |
- |
- |
- |
- |
- |
- |
-- |
|
|
Deffered
taxes |
- |
- |
- |
- |
- |
47,203
7,641 |
- |
|
|
Provisions
for Liabilities & Charges |
0 |
- |
0 |
- |
0 |
45,241
0 |
-100 |
|
|
Other
long term liabilities |
1,323,399 |
0 |
1,323,399 |
0 |
1,323,399 |
13,953 |
9384 |
|
|
1,323,399 |
0 |
1,323,399 |
0 |
1,323,399 |
388,505 |
240 |
|
|
SHAREHOLDERS EQUITY |
||||||||
|
|
65,000 |
0 |
65,000 |
0 |
65,000 |
233,267 |
-72.13 |
|
|
|
- |
- |
- |
- |
- |
13,021,621 |
- |
|
|
|
1,244,344 |
2.15 |
1,218,190 |
-2.22 |
1,245,853 |
926,999 |
34.23 |
|
|
|
- |
- |
- |
- |
- |
203,029 |
- |
|
|
|
Total
shareholders equity |
1,309,344 |
2.04 |
1,283,190 |
-2.11 |
1,310,853 |
1,609,000 |
-18.62 |
|
|
2,201,159 |
5.65 |
2,083,370 |
-18.04 |
2,541,840 |
1,346,019 |
63.53 |
|
|
|
138,500 |
14959 |
-926 |
-104 |
20,927 |
220,993 |
-37.33 |
|
|
|
960,812 |
12.31 |
855,536 |
-34.63 |
1,308,752 |
1,497,939 |
-35.86 |
|
RATIO ANALYSIS
|
|
Annual accounts |
01-07-2013 |
Change (%) |
01-07-2012 |
Change (%) |
01-07-2011 |
Industry average 2013 |
% |
|
TRADING PERFORMANCE |
||||||||
|
|
Profit Before Tax |
0.15 |
88.24 |
-0.17 |
-950 |
0.02 |
-26,00 |
0.58 |
|
|
1.04 |
99 |
-1.05 |
-1150 |
0.10 |
-15,00 |
6.93 |
|
|
|
0.42 |
84.00 |
-0.50 |
-1350 |
0.04 |
-55,00 |
0.76 |
|
|
|
2.09 |
98.58 |
-2.12 |
-1109 |
0.21 |
-7,00 |
29.86 |
|
|
|
8.27 |
5.62 |
7.83 |
29.85 |
6.03 |
4,00 |
-99 |
|
|
|
27.68 |
35.82 |
20.38 |
-28.54 |
28.52 |
23,00 |
20.35 |
|
|
|
15.20 |
10.87 |
13.71 |
-68.44 |
43.44 |
85,16 |
-82.15 |
|
|
|
41.26 |
26.64 |
32.58 |
-3.47 |
33.75 |
91,95 |
-55.13 |
|
|
SHORT TERM STABILITY |
||||||||
|
|
1.56 |
-10.34 |
1.74 |
8.75 |
1.60 |
17,00 |
56.00 |
|
|
|
0.28 |
-50.0 |
0.56 |
-1.75 |
0.57 |
15,00 |
-98.13 |
|
|
|
3.01 |
36.20 |
2.21 |
-32.21 |
3.26 |
1,00 |
201 |
|
|
Liquidity ratio
reprocessed ...... |
||||||||
|
LONG TERM STABILITY |
||||||||
|
|
45.82 |
- |
- |
- |
61.03 |
150,00 |
-69.45 |
|
|
|
21.04 |
-17.81 |
25.60 |
34.81 |
18.99 |
-417,00 |
5.05 |
|
|
|
4.02 |
24.07 |
3.24 |
-24.12 |
4.27 |
2,00 |
101 |
|
Activity code 14130
Activity description Manufacture of
other outerwear
industry average credit 73.55
rating
Industry average credit limit 22452.85
Suspension of payments / moratorium history
Amount -
Details -
Payment expectations
Payment expectation days 41.26
Day sales outstanding 15.20
Industry comparison
Activity code 14130
Activity description Manufacture of
other outerwear
Industry average payment
expectation days 91.95
Industry average day sales 85.16
outstanding
Industry quartile analysis
Payment expectations
Company result 41.26
Lower 75.60
Median 36.12
Upper 13.90
Day sales outstanding
Company result 15.20
Lower 74.91
Median 31.59
Upper 14.40
Summary
Group - Number of Companies 3
Linkages - Number of Companies 0
Number of Countries 0
|
Group
Structure |
|||||||
|
Company
name |
|
|
Number |
|
Latest |
|
|
|
|
|
|
|
|
financials |
|
|
|
-
VLEHO NV |
|
|
455183789 |
|
01-10-2013 |
|
|
|
- -
CONFECTIE NOEL VLERICK NV |
|
|
420248441 |
|
30-06-2013 |
|
|
|
- - VLERICK KIDS FASHION NV |
|
|
406725948 |
|
01-07-2013 |
|
|
|
Minority
Shareholders |
|||||||
|
No
minority shareholders found |
|||||||
|
Minority
Interests |
|||||||
|
No
minority interests found |
|
|
|
|
|
|
|
|
Companies
that match this address |
|||||||
|
Business
number |
|
|
|
Company
name |
Date
of accounts |
|
|
|
|
CONFECTIE
NOEL VLERICK NV |
30/06/2013 |
|
||||
|
|
|
|
VLEHO
NV |
01/10/2013 |
|
||
|
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|
|
GROEP
VLERICK |
- |
|
||
|
Summary |
||
|
Group
- Number of Companies |
3 |
|
|
Linkages
- Number of Companies |
0 |
|
|
Number
of Countries |
0 |
|
Summons
There is no data for this company
Protested Bills
There is no data for this company
Bankruptcy and other
legal events
There is no data for this company
Current director details
Name ELS VLERICK
Position Managing Director
Start Date 20/06/2007
Street 4 KALLESTRAAT
ZINGEM
Post code 9750
Country Belgium
Position Director
Start Date 05/09/2007
Street 4 KALLESTRAAT ZINGEM
Post code 9750
Country Belgium
Name DIRK ROBERT MARTIN
VLERICK
Position Managing Director
Start Date 20/06/2007
Street 24 MEERSESTRAAT
HOREBEKE
Post code 9667
Country Belgium
Name VLEHO NV
Position Managing Director
Start Date 20/06/2007
Date of birth 28/01/1999
Street 37 WESTERRING
OUDENAARDE
Post code 9700
Country Belgium
Position Director
Start Date 05/09/2007
Date of birth 28/01/1999
Street 37 WESTERRING
OUDENAARDE
Post code 9700
Country Belgium
Position Legal
Representative
Start Date 20/06/2007
Date of birth 28/01/1999
Street 37 WESTERRING
OUDENAARDE
Post code 9700
Country Belgium
Name DIRK VLERICK
Position Director
Start Date 20/06/2007
Street 24 MEERSESTRAAT HOREBEKE
Post code 9667
Country Belgium
Former director details
Name DIRK ROBERT MARTIN
VLERICK
Position Director
Start Date 20/06/2007
End Date 01/07/2010
Street 24 MEERSESTRAAT
HOREBEKE
Post code 9667
Country Belgium
Name MARCEL VAN THUYNE
Position Managing Director
Start Date 18/05/1997
End Date Unknown date
Street 220 HAENHOUTSTRAAT
DESTELBERGEN
Post code 9070
Country Belgium
Name ROGER SAVOYE
Position Director
Start Date 18/05/1997
End Date Unknown date
Street 68 JEROOM
DUQUESNOYLAAN GENT
Post code 9051
Country Belgium
Name SIMONNE VAN
CAUWENBERGHE
Position Director
Start Date 18/05/1997
End Date Unknown date
Street 220 HAENHOUTSTRAAT
DESTELBERGEN
Post code 9070
Country Belgium
Name JULIANA-DONATA
VLERICK
Position Managing Director
Start Date 27/03/1995
End Date Unknown date
Street 95 STATIONSSTRAAT
NAZARETH
Post code 9810
Country Belgium
Position Director
Start Date 27/03/1995
End Date Unknown date
Street 95 STATIONSSTRAAT NAZARETH
Post code 9810
Country Belgium
Name NOEL VLERICK
Position Director
Start Date 27/03/1995
End Date Unknown date
Date of birth 01/01/1938
Street 1 DEURLESTRAAT DE
PINTE
Post code 9840
Country Belgium
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.41 |
|
|
1 |
Rs.98.06 |
|
Euro |
1 |
Rs.76.67 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUM |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.