|
Report Date : |
11.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
AGROTECH IMPEX PTE. LTD. |
|
|
|
|
Registered Office : |
8, Temasek Boulevard, 32-01, Suntec Tower Three, 038988 |
|
|
|
|
Country : |
Singapore |
|
|
|
|
Financials (as on) : |
31.03.2014 |
|
|
|
|
Date of Incorporation : |
21.01.2013 |
|
|
|
|
Com. Reg. No.: |
201302167-N |
|
|
|
|
Legal Form : |
Exempt Private |
|
|
|
|
Line of Business : |
General Trading (Detail activity not available from any sources) |
|
|
|
|
No. of Employees : |
2 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow |
|
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 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Singapore |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
SINGAPORE - ECONOMIC OVERVIEW
Singapore has a highly
developed and successful free-market economy. It enjoys a remarkably open and
corruption-free environment, stable prices, and a per capita GDP higher than
that of most developed countries. The economy depends heavily on exports,
particularly in consumer electronics, information technology products,
pharmaceuticals, and on a growing financial services sector. The economy
contracted 0.6% in 2009 as a result of the global financial crisis, but
rebounded 15.1% in 2010, on the strength of renewed exports, before slowing to
in 2011-13, largely a result of soft demand for exports during the second
European recession. Over the longer term, the government hopes to establish a
new growth path that focuses on raising productivity. Singapore has attracted
major investments in pharmaceuticals and medical technology production and will
continue efforts to establish Singapore as Southeast Asia's financial and
high-tech hub
|
Source
: CIA |
|
REGISTRATION NO. |
: |
201302167-N |
|
COMPANY NAME |
: |
AGROTECH IMPEX PTE. LTD. |
|
FORMER NAME |
: |
N/A |
|
INCORPORATION DATE |
: |
21/01/2013 |
|
|
|
|
|
|
|
|
|
COMPANY STATUS |
: |
EXIST |
|
LEGAL FORM |
: |
EXEMPT PRIVATE |
|
LISTED STATUS |
: |
NO |
|
|
|
|
|
|
|
|
|
REGISTERED ADDRESS |
: |
8, TEMASEK BOULEVARD, 32-01, SUNTEC TOWER THREE, 038988, SINGAPORE. |
|
BUSINESS ADDRESS |
: |
8 TEMASEK BOULEVARD,#32-01 SUNTEC TOWER 3, 038988, SINGAPORE. |
|
TEL.NO. |
: |
65-64239358 |
|
FAX.NO. |
: |
65-64239357 |
|
CONTACT PERSON |
: |
SANDRO LANG ( DIRECTOR ) |
|
|
|
|
|
|
|
|
|
PRINCIPAL ACTIVITY |
: |
GENERAL TRADING |
|
|
|
|
|
ISSUED AND PAID UP CAPITAL |
: |
1,000.00 ORDINARY SHARE, OF A VALUE OF SGD 1,000.00 |
|
|
|
|
|
SALES |
: |
N/A |
|
NET WORTH |
: |
EUR (662,203) [2014] |
|
|
|
|
|
STAFF STRENGTH |
: |
2 [2014] |
|
LITIGATION |
: |
CLEAR |
|
FINANCIAL CONDITION |
: |
N/A |
|
PAYMENT |
: |
N/A |
|
MANAGEMENT CAPABILITY |
: |
WEAK |
|
|
|
|
|
COMMERCIAL RISK |
: |
N/A |
|
CURRENCY EXPOSURE |
: |
N/A |
|
GENERAL REPUTATION |
: |
POOR |
|
INDUSTRY OUTLOOK |
: |
AVERAGE GROWTH |
The Subject is an exempt private company whose shares are not held by
any corporate body and has no more than 20 shareholders who are all natural
persons. An exempt company is a type of private limited company. A private
limited company is a separate legal entity from its shareholders. As a separate
legal entity, the Subject is capable of owning assets, entering into contracts,
suing or be sued by other companies. An exempt private company with an annual
turnover of less than SGD5 million are exempted from statutory auditing
requirements. Instead of filing audited annual accounts, the Subject has to file
in a document duly signed by its director in charge of its finance and the
company secretary stating that the Subject is able to meet all its obligations
as and when they fall due. The Subject is not required to have their accounts
audited. However, the Subject will prepare unaudited accounts for purposes of
AGMs and filing with Registry Office if it is unable to meet all its
obligations as and when they fall due .
The Subject is principally engaged in the (as a / as an) general
trading.
Share Capital History
|
Date |
Issue & Paid Up Capital |
|
08/09/2014 |
SGD 1,000.00 |
The major shareholder(s) of the Subject are shown as follows :
|
Name |
Address |
IC/PP/Loc No |
Shareholding |
(%) |
|
KUPPUSAMY RAMANUJAM VIGNESH |
140, LORONG J TELOK KURAU, 02-03, CANARY VILLE, 425971, SINGAPORE. |
S2208086E |
1,000.00 |
100.00 |
|
|
|
|
--------------- |
------ |
|
|
|
|
1,000.00 |
100.00 |
|
|
|
|
============ |
===== |
+ Also Director
DIRECTOR 1
|
Name Of Subject |
: |
SANDRO LANG |
|
Address |
: |
760, BEDOK RESERVOIR ROAD, 06-09, WATERFRONT WAVES, 479245, SINGAPORE. |
|
IC / PP No |
: |
G6429400N |
|
|
|
|
|
|
|
|
|
|
|
|
|
Nationality |
: |
LIECHTENSTEINER |
|
Date of Appointment |
: |
21/01/2013 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1) |
Name of Subject |
: |
SANDRO LANG |
|
|
Position |
: |
DIRECTOR |
|
|
|
|
|
|
2) |
Name of Subject |
: |
BEE AN |
|
|
Position |
: |
STAFF |
No Auditor found in our databank
|
1) |
Company Secretary |
: |
LEE LAI NAH |
|
|
IC / PP No |
: |
S1607980D |
|
|
|
|
|
|
|
Address |
: |
73, CAVENAGH ROAD, 02-376, CAVENAGH GARDENS, 229624, SINGAPORE. |
|
|
|
|
|
|
|
|
|
|
No Banker found in our databank.
|
Charge No |
Creation Date |
Charge Description |
Chargee Name |
Total Charge |
Status |
|
C201406227 |
23/06/2014 |
N/A |
AXIS BANK UK LIMITED |
- |
Unsatisfied |
* A check has been conducted in our databank againt the Subject whether the
subject has been involved in any litigation.
No legal action was found in our databank.
No winding up petition was found in our databank.
|
SOURCES OF RAW MATERIALS: |
||
|
Local |
: |
N/A |
|
Overseas |
: |
N/A |
|
|
|
|
The staff from the Subject's registered office refused to disclose the
Subject's suppliers.
|
Local |
: |
N/A |
|
|
|
|
|
Overseas |
: |
N/A |
|
|
|
|
The staff from the Subject's registered office refused to disclose the
Subject's clientele.
|
Goods Traded |
: |
GENERAL TRADING
|
|
|
|
|
|
|
Total Number of Employees: |
|||||||||
|
YEAR |
2014 |
|
|||||||
|
|
|||||||||
|
GROUP |
N/A |
|
|
|
|
|
|
|
|
|
COMPANY |
2 |
|
|
|
|
|
|
|
|
|
Branch |
: |
NO
|
Other Information:
The Subject is principally engaged in the (as a / as an) general trading.
The staff from the Subject's registered office refused to disclose the
Subject's operation.
Latest fresh investigations carried out on the Subject indicated that :
|
Telephone Number Provided By Client |
: |
N/A |
|
Current Telephone Number |
: |
65-64239358 |
|
Match |
: |
N/A |
|
|
|
|
|
Address Provided by Client |
: |
8 TEMASEK BOULEVARD #32-01 SUNTEC TOWER THREE SINGAPORE 038988 |
|
Current Address |
: |
8 TEMASEK BOULEVARD,#32-01 SUNTEC TOWER 3, 038988, SINGAPORE. |
|
Match |
: |
YES |
|
|
|
|
Other Investigations
On 5th September 2014 we contacted one of the staff from the Subject's
registered office and she only provided limited information.
The Subject's registered office refused to comment anything on the Subject's
nil turnover for the year 2014.
|
The Subject's turnover was nil during the year indicate that it was
inactive. As a result, we are unable to comment on its financial performance. |
||||||
|
|
|
|
|
|
|
|
|
Overall financial condition of the Subject : N/A |
||||||
|
Major Economic Indicators : |
2009 |
2010 |
2011 |
2012 |
2013 |
|
|
|
|
|
|
|
|
Population (Million) |
4.98 |
5.08 |
5.18 |
5.31 |
5.40 |
|
Gross Domestic Products ( % ) |
(0.8) |
14.5 |
4.9 |
1.3 |
3.7 |
|
Consumer Price Index |
0.6 |
2.8 |
5.2 |
4.6 |
2.4 |
|
Total Imports (Million) |
356,299.3 |
423,221.8 |
459,655.1 |
474,554.0 |
466,762.0 |
|
Total Exports (Million) |
391,118.1 |
478,840.7 |
514,741.2 |
510,329.0 |
513,391.0 |
|
|
|
|
|
|
|
|
Unemployment Rate (%) |
3.2 |
2.2 |
2.1 |
2.0 |
1.9 |
|
Tourist Arrival (Million) |
9.68 |
11.64 |
13.17 |
14.49 |
15.46 |
|
Hotel Occupancy Rate (%) |
75.8 |
85.6 |
86.5 |
86.4 |
86.3 |
|
Cellular Phone Subscriber (Million) |
1.37 |
1.43 |
1.50 |
1.52 |
1.97 |
|
|
|
|
|
|
|
|
Registration of New Companies (No.) |
26,414 |
29,798 |
32,317 |
31,892 |
37,288 |
|
Registration of New Companies (%) |
4.3 |
12.8 |
8.5 |
(1.3) |
9.8 |
|
Liquidation of Companies (No.) |
22,393 |
15,126 |
19,005 |
17,218 |
17,369 |
|
Liquidation of Companies (%) |
113.4 |
(32.5) |
25.6 |
9.4 |
(5.3) |
|
|
|
|
|
|
|
|
Registration of New Businesses (No.) |
26,876 |
23,978 |
23,494 |
24,788 |
22,893 |
|
Registration of New Businesses (%) |
8.15 |
(10.78) |
2.02 |
5.51 |
1.70 |
|
Liquidation of Businesses (No.) |
23,552 |
24,211 |
23,005 |
22,489 |
22,598 |
|
Liquidation of Businesses (%) |
11.4 |
2.8 |
(5) |
(2.2) |
0.5 |
|
|
|
|
|
|
|
|
Bankruptcy Orders (No.) |
2,058 |
1,537 |
1,527 |
1,748 |
1,992 |
|
Bankruptcy Orders (%) |
(11.5) |
(25.3) |
(0.7) |
14.5 |
14.0 |
|
Bankruptcy Discharges (No.) |
3,056 |
2,252 |
1,391 |
1,881 |
2,584 |
|
Bankruptcy Discharges (%) |
103.7 |
(26.3) |
(38.2) |
35.2 |
37.4 |
|
|
|
|
|
|
|
|
INDUSTRIES ( % of Growth ) : |
|
|
|
|
|
|
Agriculture |
|
|
|
|
|
|
Production of Principal Crops |
3.25 |
(0.48) |
4.25 |
3.64 |
- |
|
Fish Supply & Wholesale |
(1.93) |
(10.5) |
12.10 |
(0.5) |
- |
|
|
|
|
|
|
|
|
Manufacturing * |
71.5 |
92.8 |
100.0 |
100.3 |
102.0 |
|
Food, Beverages & Tobacco |
90.4 |
96.4 |
100.0 |
103.5 |
103.5 |
|
Textiles |
145.9 |
122.1 |
100.0 |
104.0 |
87.1 |
|
Wearing Apparel |
211.0 |
123.3 |
100.0 |
92.1 |
77.8 |
|
Leather Products & Footwear |
79.5 |
81.8 |
100.0 |
98.6 |
109.8 |
|
Wood & Wood Products |
101.4 |
104.0 |
100.0 |
95.5 |
107.4 |
|
Paper & Paper Products |
95.4 |
106.1 |
100.0 |
97.4 |
103.2 |
|
Printing & Media |
100.9 |
103.5 |
100.0 |
93.0 |
86.1 |
|
Crude Oil Refineries |
96.4 |
95.6 |
100.0 |
99.4 |
93.5 |
|
Chemical & Chemical Products |
80.3 |
97.6 |
100.0 |
100.5 |
104.1 |
|
Pharmaceutical Products |
49.1 |
75.3 |
100.0 |
109.7 |
107.2 |
|
Rubber & Plastic Products |
101.2 |
112.3 |
100.0 |
96.5 |
92.9 |
|
Non-metallic Mineral |
91.9 |
92.5 |
100.0 |
98.2 |
97.6 |
|
Basic Metals |
92.6 |
102.2 |
100.0 |
90.6 |
76.5 |
|
Fabricated Metal Products |
90.8 |
103.6 |
100.0 |
104.3 |
105.1 |
|
Machinery & Equipment |
57.3 |
78.5 |
100.0 |
112.9 |
114.5 |
|
Electrical Machinery |
86.8 |
124.1 |
100.0 |
99.3 |
108.5 |
|
Electronic Components |
85.2 |
113.6 |
100.0 |
90.6 |
94.3 |
|
Transport Equipment |
96.0 |
94.0 |
100.0 |
106.3 |
107.5 |
|
|
|
|
|
|
|
|
Construction |
(36.9) |
14.20 |
20.50 |
28.70 |
- |
|
Real Estate |
1.4 |
21.3 |
25.4 |
31.9 |
- |
|
|
|
|
|
|
|
|
Services |
|
|
|
|
|
|
Electricity, Gas & Water |
1.70 |
4.00 |
7.00 |
6.30 |
- |
|
Transport, Storage & Communication |
3.90 |
12.80 |
7.40 |
5.30 |
- |
|
Finance & Insurance |
(16.4) |
(0.4) |
8.90 |
0.50 |
- |
|
Government Services |
4.50 |
9.70 |
6.90 |
6.00 |
- |
|
Education Services |
0.10 |
(0.9) |
(1.4) |
0.30 |
- |
|
|
|
|
|
|
|
|
* Based on Index of Industrial Production (2011 = 100) |
|
|
|
|
|
|
(Source : Department of Statistics) |
|
|
|
|
|
|
INDUSTRY : |
TRADING |
|
|
|
|
|
|
|
The wholesale and retail trade sector contracted by 1.5% in the fourth
quarter of 2012, extending the 0.2% decline in the preceding quarter. For the
whole of 2012, the sector declined by 0.7%, reversing the 1.6% growth in
2011. The sector was weighed down primarily by the wholesale trade segment.
In 2012, the wholesale trade segment contracted by 1.0%, a reversal from the
1.4% growth in 2011. Growth of the retail trade segment also moderated to
2.0%, from 3.2% in the year 2011. |
|
|
|
|
|
The domestic wholesale trade index grew by 1.2% in the fourth quarter
of 2012, an improvement from the 5.4% decline in the third quarter. This was
partly due to an increase in the sales of chemicals & chemical products
and ship chandlers & bunkering. For the full year of 2012, the domestic
wholesale trade index contracted by 2.2%, extending the 1.7% decline in 2011.
The foreign wholesale trade index grew by 8.6% in the fourth quarter, an
increase from the 6.6% growth in the third quarter. The expansion was partly
due to resilient sales of petroleum & petroleum products. For the whole
of 2012, the foreign wholesale trade index expanded by 9.1%, faster than the
4.3% increase in 2011. |
|
|
|
|
|
In the fourth quarter of 2012, retail sales volume declined by 2.0%,
extending the 0.3% decline in the third quarter. Excluding motor vehicles,
retail sales volume grew by 0.4%, a slight moderation compared to the 1.5%
gain in the third quarter of 2012. The sales volume of motor vehicles fell by
11% in the fourth quarter of 2012, after contracting by 6.1% in the third
quarter. The sales of several discretionary items also declined in the fourth
quarter. Besides, the sales of optical goods & books in 2012 fell by
3.6%, while the sales of telecommunications apparatus & computers
declined by 1.4%. |
|
|
|
|
|
For 2012 as a whole, retail sales volume grew by 1.3%, compared to the
2.0% expansion in 2011. Excluding motor vehicle sales, the increase in retail
sales volume also moderated from 5.4% in 2011 to 1.7% in 2012. Medical goods
& toiletries registered the largest increase (9.3%) in sales, followed by
telecommunications apparatus & computers (6.9%). By contrast, the sales
of watches & jewellery (-2.2%) and optical goods & books (-3.6%)
declined. |
|
|
|
|
|
|
|
|
OVERALL INDUSTRY OUTLOOK : AVERAGE GROWTH |
|
|
Incorporated in 2013, the Subject is a
Exempt Private company, focusing on general trading. The Subject has been in
business for less than 5 years and it has slowly been building up contact
with its clients while competing in the industry. However, it has yet to
enjoy a stable market shares as it need to compete many well established
players in the same field. With a weak shareholders' backing, the Subject's
capital position is weak. Inadequate capital may be a constraint to the
Subject as it limits its ability to expand its business in future. The
capital standing of the Subject is weak. The Subject may face difficulties to
expand its business compared to other large corporation. Without a strong
capital, the business expansion opportunities of the Subject is limited. |
|
|
|
THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH SINGAPORE
FINANCIAL REPORTING STANDARDS. |
|
AGROTECH IMPEX PTE. LTD. |
|
Financial Year End |
2014-03-31 |
|
Months |
15 |
|
Consolidated Account |
Company |
|
Audited Account |
YES |
|
Unqualified Auditor's Report (Clean Opinion) |
YES |
|
Financial Type |
FULL |
|
Currency |
EUR |
|
|
|
|
Other Income |
26,150 |
|
|
---------------- |
|
Total Turnover |
26,150 |
|
Costs of Goods Sold |
(688,926) |
|
|
---------------- |
|
Gross Profit |
(662,776) |
|
|
---------------- |
|
|
|
|
PROFIT/(LOSS) FROM OPERATIONS |
(662,776) |
|
|
---------------- |
|
PROFIT/(LOSS) BEFORE TAXATION |
(662,776) |
|
|
---------------- |
|
PROFIT/(LOSS) AFTER TAXATION |
(662,776) |
|
|
---------------- |
|
PROFIT AVAILABLE FOR APPROPRIATIONS |
(662,776) |
|
|
---------------- |
|
RETAINED PROFIT/(LOSS) CARRIED FORWARD |
(662,776) |
|
|
============= |
|
|
|
|
INTEREST EXPENSE (as per notes to P&L) |
|
|
Others |
67,551 |
|
|
---------------- |
|
|
67,551 |
|
|
============= |
|
AGROTECH IMPEX PTE. LTD. |
|
Investment securities |
1,171,000 |
|
|
---------------- |
|
TOTAL LONG TERM INVESTMENTS/OTHER ASSETS |
1,171,000 |
|
|
|
|
|
---------------- |
|
TOTAL LONG TERM ASSETS |
1,171,000 |
|
|
|
|
Other debtors, deposits & prepayments |
71,000 |
|
Amount due from related companies |
954,294 |
|
Cash & bank balances |
4,937 |
|
|
---------------- |
|
TOTAL CURRENT ASSETS |
1,030,231 |
|
|
---------------- |
|
TOTAL ASSET |
2,201,231 |
|
|
============= |
|
|
|
|
CURRENT LIABILITIES |
|
|
Trade creditors |
2,860,131 |
|
Other creditors & accruals |
2,654 |
|
Amounts owing to related companies |
649 |
|
|
---------------- |
|
TOTAL CURRENT LIABILITIES |
2,863,434 |
|
|
---------------- |
|
NET CURRENT ASSETS/(LIABILITIES) |
(1,833,203) |
|
|
---------------- |
|
TOTAL NET ASSETS |
(662,203) |
|
|
============= |
|
|
|
|
SHARE CAPITAL |
|
|
Ordinary share capital |
573 |
|
|
---------------- |
|
TOTAL SHARE CAPITAL |
573 |
|
|
|
|
Retained profit/(loss) carried forward |
(662,776) |
|
|
---------------- |
|
TOTAL RESERVES |
(662,776) |
|
|
|
|
|
---------------- |
|
SHAREHOLDERS' FUNDS/EQUITY |
(662,203) |
|
|
|
|
|
---------------- |
|
|
(662,203) |
|
|
============= |
|
|
|
|
AGROTECH IMPEX PTE. LTD. |
|
TYPES OF FUNDS |
|
|
Cash |
4,937 |
|
Net Liquid Funds |
4,937 |
|
Net Liquid Assets |
(1,833,203) |
|
Net Current Assets/(Liabilities) |
(1,833,203) |
|
Net Tangible Assets |
(662,203) |
|
Net Monetary Assets |
(1,833,203) |
|
BALANCE SHEET ITEMS |
|
|
Total Borrowings |
0 |
|
Total Liabilities |
2,863,434 |
|
Total Assets |
2,201,231 |
|
Net Assets |
(662,203) |
|
Net Assets Backing |
(662,203) |
|
Shareholders' Funds |
(662,203) |
|
Total Share Capital |
573 |
|
Total Reserves |
(662,776) |
|
LIQUIDITY (Times) |
|
|
Cash Ratio |
0.00 |
|
Liquid Ratio |
0.36 |
|
Current Ratio |
0.36 |
|
WORKING CAPITAL CONTROL (Days) |
|
|
Stock Ratio |
0 |
|
Debtors Ratio |
0 |
|
Creditors Ratio |
1,515 |
|
SOLVENCY RATIOS (Times) |
|
|
Gearing Ratio |
0.00 |
|
Liabilities Ratio |
(4.32) |
|
Times Interest Earned Ratio |
(8.81) |
|
Assets Backing Ratio |
(1,155.68) |
|
PERFORMANCE RATIO (%) |
|
|
Operating Profit Margin |
0.00 |
|
Net Profit Margin |
0.00 |
|
Return On Net Assets |
89.89 |
|
Return On Capital Employed |
89.89 |
|
Return On Shareholders' Funds/Equity |
100.09 |
|
Dividend Pay Out Ratio (Times) |
0.00 |
|
NOTES TO ACCOUNTS |
|
|
Contingent Liabilities |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.82 |
|
|
1 |
Rs.98.14 |
|
Euro |
1 |
Rs.78.65 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
PDT |
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.