MIRA INFORM REPORT
|
Report Date : |
10.11.2014 |
IDENTIFICATION DETAILS
|
Name : |
ARCOS LIMITED |
|
|
|
|
Registered Office : |
2ND Floor86 Hatton Garden London EC1N 8QQ |
|
|
|
|
Country : |
United
Kingdom |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
11.06.1920 |
|
|
|
|
Com. Reg. No.: |
00168179 |
|
|
|
|
Legal Form : |
Private limited with Share Capital |
|
|
|
|
Line of Business : |
Wholesale of metals and metal ores |
|
|
|
|
No. of Employees : |
04 |
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) |
|
United
Kingdom |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
UNITED KINGDOM - ECONOMIC OVERVIEW
The UK, a leading trading
power and financial center, is the third largest economy in Europe after
Germany and France. Over the past two decades, the government has greatly reduced
public ownership. Agriculture is intensive, highly mechanized, and efficient by
European standards, producing about 60% of food needs with less than 2% of the
labor force. The UK has large coal, natural gas, and oil resources, but its oil
and natural gas reserves are declining and the UK became a net importer of
energy in 2005. Services, particularly banking, insurance, and business
services, are key drivers of British GDP growth. Manufacturing, meanwhile, has
declined in importance but still accounts for about 10% of economic output.
After emerging from recession in 1992, Britain's economy enjoyed the longest
period of expansion on record during which time growth outpaced most of Western
Europe. In 2008, however, the global financial crisis hit the economy
particularly hard, due to the importance of its financial sector. Falling home
prices, high consumer debt, and the global economic slowdown compounded
Britain's economic problems, pushing the economy into recession in the latter
half of 2008 and prompting the then BROWN (Labour) government to implement a
number of measures to stimulate the economy and stabilize the financial
markets; these included nationalizing parts of the banking system, temporarily
cutting taxes, suspending public sector borrowing rules, and moving forward
public spending on capital projects. Facing burgeoning public deficits and debt
levels, in 2010 the CAMERON-led coalition government (between Conservatives and
Liberal Democrats) initiated a five-year austerity program, which aimed to
lower London's budget deficit from about 11% of GDP in 2010 to nearly 1% by
2015. In November 2011, Chancellor of the Exchequer George OSBORNE announced
additional austerity measures through 2017 largely due to the euro-zone debt
crisis. The CAMERON government raised the value added tax from 17.5% to 20% in
2011. It has pledged to reduce the corporation tax rate to 21% by 2014. The
Bank of England (BoE) implemented an asset purchase program of £375 billion
(approximately $605 billion) as of December 2013. During times of economic
crisis, the BoE coordinates interest rate moves with the European Central Bank,
but Britain remains outside the European Economic and Monetary Union (EMU). In
2012, weak consumer spending and subdued business investment weighed on the
economy, however, in 2013 GDP grew 1.4%, accelerating unexpectedly in the
second half of the year because of greater consumer spending and a recovering
housing market. The budget deficit is falling but remains high at nearly 7% and
public debt has continued to increase
|
Source
: CIA |
Company
name and address
Company Name: ARCOS LIMITED
Company No: 00168179
Company Status: Active - Accounts Filed
Registered Address: 2ND FLOOR86 HATTON GARDENLONDONEC1N 8QQ
Company
Summary
Registered Address
2ND
FLOOR
86 HATTON GARDEN
LONDON
EC1N 8QQ
Trading Address
Trinity
Buoy Wharf Orchard Place
London
E14 0JY
Website Address http://www.arcos.ltd.uk
Telephone Number 02078313004
TPS No
FPS No
Incorporation Date 11/06/1920
Type Private
limited with Share Capital
Filing Date of Accounts 27/03/2014
Currency GBP
Share Capital £900,000
SIC07 46720
SIC07 Description WHOLESALE
OF METALS AND METAL ORES
Principal Activity
Trading in rough diamonds and the sale of specialised diamond equipment and machinery for shipment to the russian federation. The company also arranges hotel accomodation, and holds property and recieves a consultancy fee from Alrosa.
Key
Financials
Year to Date Turnover
Pre Tax Profit Shareholder
Funds Employees
31/12/2013 £5,485,076 -£55,613 £5,198,930 4
31/12/2012 £4,376,211 £3,661 £5,251,542 4
31/12/2011 £4,778,237 £1,148,378 £5,251,044 4
Mortgage
Summary
Total Mortgage 2
Outstanding 2
Satisfied 0
Commentary
|
CCJ recorded against the company. |
|
|
Sales in the latest trading period increased 25.3% on the previous trading period. |
|
|
The company saw an increase in their Cash Balance of 2.2% during the latest trading period. |
|
|
The audit report contains no adverse comments. |
|
Net Worth decreased by 1% during the latest trading period. |
|
|
A 2.1% decline in Total Assets occurred during the latest trading period. |
|
|
Pre-tax profits decreased by 999.9% compared to the previous trading period. |
|
|
No recent changes in directorship are recorded. |
|
|
The company is part of a group. |
|
|
The company was established over 94 years ago. |
CCJ
|
Total Number of Exact CCJs - |
1 |
Total Value of Exact CCJs - |
£206 |
|
Total Number of Possible CCJs - |
0 |
Total Value of Possible CCJs - |
|
|
Total Number of Satisfied CCJs - |
0 |
Total Value of Satisfied CCJs - |
|
|
Total Number of Writs - |
- |
Back
to Top
Within terms 91+ Days
|
Number of Experiences |
- |
Trade Payment Information
|
Average Invoice Value |
75.27 |
|
Invoices available |
11 |
|
Paid |
11 |
|
Outstanding |
0 |
Trade Payment Data is information that we collect from selected third party partners who send us information about their whole sales ledger.
Enquiries Trend
|
There have been 11 enquiries in the last 12 months. |
|
There are an average of 1 reports taken each month. |
|
3 MONTHS |
6 MONTHS |
9 MONTHS |
|
|
Enquiries |
1 |
4 |
5 |
Created with Highcharts 4.0.41453 months6 months9 months0123456
|
Total Current Directors |
4 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors / Company Secretaries |
18 |
Current
Directors
|
Name |
Sergey Alekseyvich Luchinkin |
Date of Birth |
23/10/1944 |
|
Officers Title |
Mr |
Nationality |
Russian |
|
Present Appointments |
1 |
Function |
Director |
|
Appointment Date |
27/12/1991 |
||
|
Address |
Flat 48 High Point, North Hill, London, N6 4BA |
||
|
Other Actions |
View Director Report |
View Consumer Report |
View AML Report |
|
View Trace Report |
|||
|
Name |
Tatiana Michaelovna Nikolaeva |
Date of Birth |
13/04/1962 |
|
Officers Title |
Ms |
Nationality |
Russian |
|
Present Appointments |
1 |
Function |
Director |
|
Appointment Date |
01/11/1997 |
||
|
Address |
51 Longberrys Cricklewood Lane, London, NW2 2TF |
||
|
Other Actions |
View Director Report |
View Consumer Report |
View AML Report |
|
View Trace Report |
|||
|
Name |
Oleg Kurochkin |
Date of Birth |
05/07/1968 |
|
Officers Title |
Mr |
Nationality |
Russian |
|
Present Appointments |
1 |
Function |
Director |
|
Appointment Date |
15/11/2006 |
||
|
Address |
8-127, Olimpic Village,, Moscow |
||
|
Other Actions |
View Director Report |
View Consumer Report |
View AML Report |
|
View Trace Report |
|||
|
Name |
Vladlen Nogovitsyn |
Date of Birth |
14/08/1962 |
|
Officers Title |
Mr |
Nationality |
Russian |
|
Present Appointments |
1 |
Function |
Director |
|
Appointment Date |
15/06/2012 |
||
|
Address |
2nd Floor, 86 Hatton Garden, London, EC1N 8QQ |
||
|
Other Actions |
View Director Report |
View Consumer Report |
View AML Report |
|
View Trace Report |
|||
Current Company Secretary
|
Name |
David Maitland Young |
Date of Birth |
24/02/1941 |
|
Officers Title |
Mr |
Nationality |
British |
|
Present Appointments |
6 |
Function |
Company Secretary |
|
Appointment Date |
01/01/2005 |
||
|
Address |
26 Chertsey Road, Chobham, Surrey, GU24 8NB |
||
Top 20 Shareholders
|
Currency |
Share Count |
Share Type |
Nominal Value |
% of Total Share Count |
|
|
OJSC ALROSA |
GBP |
704,505 |
ORDINARY |
1 |
78.28 |
|
EXPORTLES |
GBP |
195,494 |
ORDINARY |
1 |
21.72 |
|
SUNLAND HOLDINGS SA |
GBP |
1 |
ORDINARY |
1 |
0 |
Profit & Loss
|
Date Of Accounts |
31/12/13 |
(%) |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
|
|
Weeks |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
(%) |
52 |
|
|
Currency |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
(%) |
GBP |
|
|
Consolidated A/cs |
N |
(%) |
N |
(%) |
N |
(%) |
N |
(%) |
N |
|
|
|
Turnover |
£5,485,076 |
25.3% |
£4,376,211 |
-8.4% |
£4,778,237 |
87.8% |
£2,544,454 |
131.7% |
£1,098,215 |
|
|
Export |
£5,180,324 |
46.9% |
£3,526,435 |
-15.4% |
£4,169,682 |
- |
- |
- |
- |
|
|
Cost of Sales |
£4,630,765 |
29.9% |
£3,563,657 |
25.3% |
£2,842,994 |
80.3% |
£1,577,010 |
139.5% |
£658,382 |
|
|
Gross Profit |
£854,311 |
5.1% |
£812,554 |
-58% |
£1,935,243 |
100% |
£967,444 |
120% |
£439,833 |
|
|
Wages & Salaries |
£612,624 |
-2.5% |
£628,160 |
-3.1% |
£648,345 |
- |
- |
- |
- |
|
|
Directors Emoluments |
£525,191 |
-2.3% |
£537,514 |
-1.1% |
£543,509 |
38.5% |
£392,435 |
32.4% |
£296,462 |
|
|
Operating Profit |
-£71,887 |
-342.1% |
-£16,260 |
-101.5% |
£1,070,616 |
214.7% |
£340,183 |
198.7% |
-£344,640 |
|
|
Depreciation |
£5,049 |
-9.3% |
£5,569 |
-6.5% |
£5,954 |
-33% |
£8,886 |
-12% |
£10,097 |
|
|
Audit Fees |
£7,000 |
- |
£7,000 |
-15.2% |
£8,250 |
-2.9% |
£8,500 |
13.3% |
£7,500 |
|
|
Interest Payments |
- |
- |
- |
- |
- |
-100% |
£1,412 |
- |
- |
|
|
Pre Tax Profit |
-£55,613 |
-999.9% |
£3,661 |
-99.7% |
£1,148,378 |
108.4% |
£550,949 |
533% |
-£127,234 |
|
|
Taxation |
£3,001 |
194.9% |
-£3,163 |
99% |
-£305,716 |
-252.3% |
-£86,766 |
-396.6% |
£29,249 |
|
|
Profit After Tax |
-£52,612 |
-999.9% |
£498 |
-99.9% |
£842,662 |
81.5% |
£464,183 |
573.7% |
-£97,985 |
|
|
Dividends Payable |
- |
- |
- |
-100% |
£414,000 |
130% |
£180,000 |
- |
- |
|
|
Retained Profit |
-£52,612 |
-999.9% |
£498 |
-99.9% |
£428,662 |
50.8% |
£284,183 |
390% |
-£97,985 |
Balance
Sheet
|
Date Of Accounts |
31/12/13 |
(%) |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
|
|
|
Tangible Assets |
£559,640 |
-0.9% |
£564,689 |
-0.9% |
£569,644 |
-0.5% |
£572,499 |
-4.1% |
£597,173 |
|
|
Intangible Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total Fixed Assets |
£559,640 |
-0.9% |
£564,689 |
-0.9% |
£569,644 |
-0.5% |
£572,499 |
-4.1% |
£597,173 |
|
|
Stock |
£394,530 |
-40.5% |
£663,217 |
-0.4% |
£665,947 |
55.3% |
£428,729 |
262.2% |
£118,380 |
|
|
Trade Debtors |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Cash |
£4,144,535 |
2.2% |
£4,054,465 |
-14.3% |
£4,730,732 |
19.3% |
£3,965,314 |
3.1% |
£3,844,956 |
|
|
Other Debtors |
£268,040 |
35% |
£198,518 |
999.9% |
£7,605 |
-95.4% |
£164,242 |
375.6% |
£34,532 |
|
|
Miscellaneous Current Assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total Current Assets |
£4,807,105 |
-2.2% |
£4,916,200 |
-9% |
£5,404,284 |
18.6% |
£4,558,285 |
14% |
£3,997,868 |
|
|
Trade Creditors |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Bank Loans & Overdrafts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Other Short Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Miscellaneous Current Liabilities |
£167,815 |
-26.8% |
£229,347 |
-68.3% |
£722,884 |
134.4% |
£308,402 |
442.6% |
£56,842 |
|
|
Total Current Liabilities |
£167,815 |
-26.8% |
£229,347 |
-68.3% |
£722,884 |
134.4% |
£308,402 |
442.6% |
£56,842 |
|
|
Bank Loans & Overdrafts and LTL |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Other Long Term Finance |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
|
Total Long Term Liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
Capital
& Reserves
|
Date Of Accounts |
31/12/13 |
(%) |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
|
|
|
Called Up Share Capital |
£900,000 |
- |
£900,000 |
- |
£900,000 |
- |
£900,000 |
- |
£900,000 |
|
|
P & L Account Reserve |
£4,298,930 |
-1.2% |
£4,351,542 |
0% |
£4,351,044 |
10.9% |
£3,922,382 |
7.8% |
£3,638,199 |
|
|
Revaluation Reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Sundry Reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Shareholder Funds |
£5,198,930 |
-1% |
£5,251,542 |
0% |
£5,251,044 |
8.9% |
£4,822,382 |
6.3% |
£4,538,199 |
Other
Financial Items
|
Date Of Accounts |
31/12/13 |
(%) |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
|
|
|
Net Worth |
£5,198,930 |
-1% |
£5,251,542 |
0% |
£5,251,044 |
8.9% |
£4,822,382 |
6.3% |
£4,538,199 |
|
|
Working Capital |
£4,639,290 |
-1% |
£4,686,853 |
0.1% |
£4,681,400 |
10.2% |
£4,249,883 |
7.8% |
£3,941,026 |
|
|
Total Assets |
£5,366,745 |
-2.1% |
£5,480,889 |
-8.3% |
£5,973,928 |
16.4% |
£5,130,784 |
11.7% |
£4,595,041 |
|
|
Total Liabilities |
£167,815 |
-26.8% |
£229,347 |
-68.3% |
£722,884 |
134.4% |
£308,402 |
442.6% |
£56,842 |
|
|
Net Assets |
£5,198,930 |
-1% |
£5,251,542 |
0% |
£5,251,044 |
8.9% |
£4,822,382 |
6.3% |
£4,538,199 |
Miscellaneous
|
Date Of Accounts |
31/12/13 |
(%) |
31/12/12 |
(%) |
31/12/11 |
(%) |
31/12/10 |
(%) |
31/12/09 |
|
|
Contingent Liability |
NO |
- |
NO |
- |
NO |
- |
NO |
- |
NO |
|
|
|
Capital Employed |
£5,198,930 |
-1% |
£5,251,542 |
0% |
£5,251,044 |
8.9% |
£4,822,382 |
6.3% |
£4,538,199 |
|
|
Number of Employees |
4 |
- |
4 |
- |
4 |
- |
- |
- |
- |
|
Auditors |
SAFFERY CHAMPNESS |
|||||||||
|
Auditor Comments |
The audit report contains no adverse comments |
|||||||||
|
Bankers |
LLOYDS TSB BANK PLC |
|||||||||
|
Bank Branch Code |
||||||||||
Ratios
|
Date Of Accounts |
31/12/13 |
31/12/12 |
31/12/11 |
31/12/10 |
31/12/09 |
|
|
|
Pre-tax profit margin % |
-1.01 |
0.08 |
24.03 |
21.65 |
-11.59 |
|
|
Current ratio |
28.65 |
21.44 |
7.48 |
14.78 |
70.33 |
|
|
Sales/Net Working Capital |
1.18 |
0.93 |
1.02 |
0.60 |
0.28 |
|
|
Gearing % |
0 |
0 |
0 |
0 |
0 |
|
|
Equity in % |
96.90 |
95.80 |
87.90 |
94 |
98.80 |
|
|
Creditor Days |
- |
- |
- |
- |
- |
|
|
Debtor Days |
- |
- |
- |
- |
- |
|
|
Liquidity/Acid Test |
26.29 |
18.54 |
6.55 |
13.39 |
68.25 |
|
|
Return On Capital Employed % |
-1.06 |
0.06 |
21.86 |
11.42 |
-2.80 |
|
|
Return On Total Assets Employed % |
-1.03 |
0.06 |
19.22 |
10.73 |
-2.76 |
|
|
Current Debt Ratio |
0.03 |
0.04 |
0.13 |
0.06 |
0.01 |
|
|
Total Debt Ratio |
0.03 |
0.04 |
0.13 |
0.06 |
0.01 |
|
|
Stock Turnover Ratio % |
7.19 |
15.15 |
13.93 |
16.84 |
10.77 |
|
|
Return on Net Assets Employed % |
-1.06 |
0.06 |
21.86 |
11.42 |
-2.80 |
Status History
|
No Status History found |
Event History
|
Date |
Description |
|
09/08/2014 |
Annual Returns |
|
07/04/2014 |
New Accounts Filed |
|
02/08/2013 |
Annual Returns |
|
12/04/2013 |
New Accounts Filed |
|
12/04/2013 |
New Accounts Filed |
|
14/08/2012 |
Annual Returns |
|
08/08/2012 |
New Board Member Mr V. Nogovitsyn appointed |
|
06/08/2012 |
Mr Y. Okoemov has left the board |
|
27/06/2012 |
New Accounts Filed |
|
06/08/2011 |
Annual Returns |
|
25/06/2011 |
Mr S.A. Oulin has left the board |
|
06/06/2011 |
New Accounts Filed |
|
06/06/2011 |
New Accounts Filed |
|
24/08/2010 |
Annual Returns |
|
29/07/2010 |
New Accounts Filed |
Previous Company Names
|
No Previous Names found |
Statistics
|
Group |
2 companies |
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
Summary
|
Holding Company |
- |
|
Ownership Status |
Intermediately Owned |
|
Ultimate Holding Company |
ALROSA CO LTD |
Group structure
|
Company Name |
Registered Number |
Latest Key Financials |
Consol. Accounts |
Turnover |
|
|
|
|
N/A |
- |
- |
|
|
|
|
00168179 |
31.12.2013 |
N |
£5,485,076 |
ALROSA
CO LTD
|
Group |
2 companies |
|
Linkages |
0 companies |
|
Countries |
In 0 countries |
Exact CCJ Details
|
Date |
Court |
Amount |
Status |
Case Number |
Date Paid |
|
28/02/2011 |
WALSALL |
£206 |
Judgment |
1WJ70067 |
- |
Possible CCJs Details
|
There are no possible CCJ details |
Writ Details
|
No writs found |
Mortgage
Details
|
Mortgage Type: |
CHARGE OVER CREDIT BALANCES |
||
|
Date Charge Created: |
17/11/95 |
||
|
Date Charge Registered: |
24/11/95 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
THE SUM OF £19,600 TOGETHER WITH INTEREST ACCRUED NOW OR TO BE HELD BY NATIONALWESTMINSTER BANK PLCON AN ACCOUNT NUMBERED 58583262 AND EARMARKED OR DESIGNATED BY REFERENCE TO THE COMPANY |
||
|
Mortgage Type: |
CHARGE OVER CREDIT BALANCES |
||
|
Date Charge Created: |
04/10/95 |
||
|
Date Charge Registered: |
10/10/95 |
||
|
Date Charge Satisfied: |
- |
||
|
Status: |
OUTSTANDING |
||
|
Person(s) Entitled: |
NATIONAL WESTMINSTER BANK PLC |
||
|
Amount Secured: |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER |
||
|
Details: |
THE SUM OF US$740,000 TOGETHER WITH INTEREST ACCRUED NOW OR TO BE HELD BY NATIONAL WESTMINSTER BANKPLC ON AN ACCOUNT NUMBERED 18030 AND EARMARKED OR DESIGNATED BY REFERENCE TO THE COMPANY |
||
Previous Director/Company Secretaries
|
Name |
Current Directorships |
Previous Directorships |
|
Kenneth Greatrex Robinson |
1 |
4 |
|
Konstantin Uladimirovich Trofimov |
0 |
1 |
|
Pavel Kirillovitch Kovylin |
0 |
1 |
|
Eugeny Ivanovich Smagin |
0 |
1 |
|
Ivan Yarotski |
0 |
1 |
|
Mikhail Nikolaevich Grachev |
0 |
1 |
|
Valery Vladimirovich Rudakov |
0 |
1 |
|
Valeri Anatoli Koutanov |
0 |
1 |
|
Sergeevitch Victor Tolkunov |
0 |
1 |
|
Sergei Aramovich Oulin |
0 |
1 |
|
Edvard Ardalionovich Khudiakov |
0 |
1 |
|
Yury Ageychenko |
0 |
1 |
|
Sergey Petrosyan |
0 |
1 |
|
Sagadat Khabirov |
0 |
1 |
|
Dmitry Novikov |
0 |
2 |
|
Sergey Panchekhin |
0 |
1 |
|
Natalia Frantsevskaya |
0 |
1 |
|
Yuri Okoemov |
0 |
1 |
|
Average Invoice Value |
£75.27 |
|
Invoices available |
11 |
|
Paid |
11 |
|
Outstanding |
0 |
|
Trade Payment Data is information that we collect from selected third party partners who send us information about their whole sales ledger. |
|
Within Terms |
0-30 Days |
31-60 Days |
61-90 Days |
91+ Days |
|
|
Paid |
4 |
5 |
1 |
1 |
0 |
|
Outstanding |
0 |
0 |
0 |
0 |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.52 |
|
|
1 |
Rs.97.39 |
|
Euro |
1 |
Rs.76.16 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIS |
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.