|
Report No. : |
335344 |
|
Report Date : |
14.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
METAL PROCESSORS LIMITED |
|
|
|
|
Registered Office : |
Station Road, Clondalkin, Co Dublin 662860 |
|
|
|
|
Country : |
Ireland |
|
|
|
|
Date of Incorporation : |
03.11.1970 |
|
|
|
|
Com. Reg. No.: |
IE032672 |
|
|
|
|
Legal Form : |
Not Available |
|
|
|
|
Line of Business : |
Not Available |
|
|
|
|
No. of Employees : |
Not Available |
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 : |
Unknown |
|
|
|
|
Litigation : |
-- |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Ireland |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
IRELAND - ECONOMIC
OVERVIEW
Ireland is a small, modern, trade-dependent economy. Ireland
was among the initial group of 12 EU nations that began circulating the euro on
1 January 2002. GDP growth averaged 6% in 1995-2007, but economic activity
dropped sharply during the world financial crisis and the subsequent collapse
of its domestic property market and construction industry. Faced with sharply
reduced revenues and a burgeoning budget deficit from efforts to stabilize its
fragile banking sector, the Irish Government introduced the first in a series
of draconian budgets in 2009. These measures were not sufficient to stabilize
Ireland’s public finances. In 2010, the budget deficit reached 32.4% of GDP -
the world's largest deficit, as a percentage of GDP. In late 2010, the former
COWEN government agreed to a $92 billion loan package from the EU and IMF to
help Dublin recapitalize Ireland’s banking sector and avoid defaulting on its
sovereign debt. In March 2011, the KENNY government intensified austerity
measures to meet the deficit targets under Ireland's EU-IMF bailout program. In
late 2013, Ireland formally exited its EU-IMF bailout program, benefiting from
its strict adherence to deficit-reduction targets and success in refinancing a
large amount of banking-related debt. In 2014, the economy rapidly picked up
and GDP grew by 3.6%. The recovering economy assisted lowering the deficit to
4.2% of GDP. In late 2014, the government introduced a fiscally neutral budget,
marking the end of the austerity program. In the wake of the collapse of the
construction sector and the downturn in consumer spending and business
investment, the export sector, dominated by foreign multinationals, has become
an even more important component of Ireland's economy. Ireland’s low
corporation tax of 12.5% has been central to encouraging business investment.
Loose tax residency requirements made Ireland a common destination for
international firms seeking to avoid taxation. Amid growing international
pressure the government announced it would phase in more stringent tax laws,
effectively closing a loophole.
|
Source
: CIA |
|
Company Name: |
METAL PROCESSORS LIMITED |
|
Company No: |
IE032672 |
|
Company Status: |
Section 17 (Southern Ireland) |
|
Registered Address: |
STATION ROAD |
|
|
CLONDALKIN |
|
|
CO DUBLIN |
|
|
662860 |
|
Registered Address |
STATION ROAD |
Trading Address |
STATION ROAD |
|
|
CLONDALKIN |
|
CLONDALKIN |
|
|
CO DUBLIN |
|
CO DUBLIN |
|
|
662860 |
|
CO DUBLIN 216410 |
|
Website Address |
- |
|
|
|
Telephone Number |
014573240 |
Fax Number |
|
|
TPS |
No |
FPS |
No |
|
Incorporation Date |
03/11/1970 |
|
|
|
Previous Name |
|
Type |
Other |
|
|
|
FTSE Index |
- |
|
Date of Change |
- |
Filing Date of Accounts |
- |
|
Currency |
EUR |
Share Capital |
€27,007 |
|
SIC07 |
- |
Charity Number |
- |
|
SIC07 |
- |
|
|
|
Description Principal |
- |
|
|
|
Activity |
- |
|
|
NOTE
The company don’t have the SIC
code for this company therefore we are unable
to identify what industry this company trades within.
Year
to Date Turnover Pre Tax Profit Shareholder
Funds Employees
31/05/2014 -- -- -- --
31/05/2013 -- -- -- --
31/05/2012 -- -- -- --
|
Total Mortgage |
12 |
|
Outstanding |
4 |
|
Satisfied |
8 |
|
Total Number
of Documented Trade |
0 |
|
Total Value of Documented Trade |
€0 |
|
No comments to display |
|
Total Number of Exact CJs
- |
0 |
Total Value of Exact CJs - |
€0 |
|
Total Number of Possible
CJs - |
0 |
Total Value of Possible
CJs - |
€0 |
|
Total Number of Satisfied
CJs - |
0 |
Total Value of Satisfied
CJs - |
€0 |
|
Total Current Directors |
5 |
|
Total Current Secretaries |
1 |
|
Total Previous Directors /
Company Secretaries |
8 |
|
Name |
GARY SMYTH |
Date of Birth |
14/05/1968 |
|
Officers Title |
|
Nationality |
|
|
Present Appointments |
6 |
Function |
Director |
|
Appointment Date |
29/04/1994 |
|
|
|
Address |
ROSEBANK, CARRICK ON SHANNON,
CO.LEITRIM |
|
|
|
|
|
|
|
|
Name |
ADRIAN SILKE |
Date of Birth |
25/05/1967 |
|
Officers Title |
|
Nationality |
|
|
Present Appointments |
8 |
Function |
Director |
|
Appointment Date |
01/01/2011 |
|
|
|
Address |
24 CLAREVILLE ROAD, HAROLDS
CROSS, DUBLIN 6W |
|
|
|
|
|
|
|
|
Name |
RICHARD BENJAMIN TRAVERS |
Date of Birth |
22/02/1955 |
|
Officers Title |
|
Nationality |
|
|
Present Appointments |
4 |
Function |
Director |
|
Appointment Date |
08/03/2006 |
|
|
|
Address |
BICTON FARMHOUSE, BICTON LANE,
BICTON, SHREWSBURY |
|
|
|
|
|
|
|
|
Name |
MICHAEL O'DONNELL |
Date of Birth |
07/01/1967 |
|
Officers Title |
|
Nationality |
|
|
Present Appointments |
4 |
Function |
Director |
|
Appointment Date |
01/07/2008 |
|
|
|
Address |
COOLCRO, TWO MILE BORRIS,
CO. TIPPERARY |
|
|
|
|
|
|
|
|
Name |
PAUL FITZHARRIS |
Date of Birth |
30/08/1968 |
|
Officers Title |
|
Nationality |
|
|
Present Appointments |
4 |
Function |
Director |
|
Appointment Date |
01/07/2008 |
|
|
|
Address |
10 CAIRN MANOR, RATOATH, CO.
MEATH |
|
|
|
Name |
ADRIAN SILKE |
Date of Birth |
25/05/1967 |
|
Officers Title |
|
Nationality |
|
|
Present Appointments |
8 |
Function |
Company Secretary |
|
Appointment Date |
01/12/2008 |
|
|
|
Address |
24 CLAREVILLE ROAD, HAROLDS
CROSS, DUBLIN 6W |
|
|
|
Name |
|
Currency |
Share Count
|
Share Type
|
Nominal Value |
% of Total Share Count |
|
|
|
|
|
|
|
|
|
METAL PROCESSORS INVESTMENTS LIMITED |
|
EUR |
22,500 |
ORDINARY B |
1.2 |
99.97 |
|
METAL PROCESSORS INVESTMENTS LIMITED |
|
EUR |
6 |
ORDINARY A |
1.2 |
0.03 |
Auditor
Comments: The Company is
exempt from audit
Bankers: Allied Irish Bank
There are no notes to display.
No Status History found
|
Date |
Description |
|
06/04/2015 |
Annual Returns |
|
06/04/2015 |
New Accounts Filed |
|
03/04/2014 |
Annual Returns |
|
03/04/2014 |
New Accounts Filed |
|
10/04/2013 |
New Accounts Filed |
|
09/04/2013 |
Annual Returns |
|
04/07/2012 |
New Accounts Filed |
|
03/07/2012 |
Annual Returns |
|
02/04/2011 |
New Accounts Filed |
|
01/04/2011 |
Annual Returns |
|
01/01/2011 |
New Board Member (ADRIAN SILKE)
appointed |
|
29/03/2010 |
Annual Returns |
|
27/03/2010 |
New Accounts Filed |
|
30/04/2009 |
Annual Returns |
|
30/04/2009 |
New Accounts Filed |
No Previous Names found
No writs found
|
Group |
18 companies |
|
Linkages |
1 companies |
|
Countries |
In 1 countries |
|
Holding Company |
METAL PROCESSORS |
|
Ownership Status |
INVESTMENTS LIMITED |
|
Ultimate Holding Company |
Intermediately Owned |
|
Company
Name |
Registered
Number |
Latest
Key Financials |
Consol. Accounts |
Turnover |
|
|
|
|
|
|
|
CALDERGROUP SWISS AG |
N/A |
- |
- |
|
|
CALDER FINCO UK LTD |
05721362 |
31.05.2014 |
Y |
£154,866,499 |
|
STAMPTREE LIMITED |
05636469 |
31.05.2014 |
N |
|
|
CALDER HOLDINGS LI... |
03491252 |
31.05.2014 |
N
|
|
|
CALDER GROUP LIMITED |
03491249 |
31.05.2014 |
N
|
|
|
CALDER INDUSTRI... |
00028073 |
31.05.2014 |
N |
£42,696,000 |
|
FSLP LIMITED |
06470282 |
31.05.2014 |
N |
|
|
CALDER INTERNAT... |
03491092 |
31.05.2014 |
N
|
|
|
CALDER GROUP (T... |
04427519 |
31.03.2014 |
N
|
|
|
AQUILA NUCLEAR... |
07442871 |
31.05.2014 |
N |
£2,372,000 |
|
HELANDER PRECIS... |
02739330 |
31.05.2014 |
N |
£15,685,000 |
|
LEEDS BRONZE EN... |
03491043 |
31.05.2014 |
N |
£12,245,000 |
|
MIDLAND AEROSPA... |
04326476 |
31.05.2014 |
N |
£9,524,000 |
|
UZIMET HOLDINGS BV |
N/A |
- |
- |
|
|
METAL PROCESSORS I... |
IE047376 |
31.05.2014 |
N
|
|
|
METAL PROCESSORS... |
IE032672 |
31.05.2014 |
N
|
|
|
METAL REFINERS LI... |
IE014445 |
31.05.2014 |
N
|
|
|
THE MINING COMPAN... |
IE001538 |
31.05.2014 |
N
|
|
|
Name |
Latest Key Financials |
Turnover |
|
UZIMET B.V. |
31.05.2014 |
€38,903,679 |
|
Mortgage Type: |
A charge on land, wherever
situate, or any interest therein, but
not including a charge for any rent |
|
Date Charge Created: |
22/08/12 |
|
Date Charge Registered: |
30/08/12 |
|
Date Charge Satisfied: |
- |
|
Status: |
NOT SATISFIED |
|
Person(s) Entitled: |
WELLS FARGO BANK INTERNATIONAL |
|
Amount Secured: |
|
|
Details: |
THE MORTGAGOR HAS COVENANTED
TO PAY OR DISCHARGE ALL PRESENT AND
FUTURE OBLIGATIONS AND LIABILITIES, WHETHER
ACTUAL OR CONTINGENT AND WHETHER OWED
JOINTLY OR SEVERALLY OR IN ANY
OTHER CAPACITY WHATSOEVER, OF EACH
OBLIGOR TO THE LENDER EXCEPT FOR ANY
OBLIGATION WHICH, IF IT WERE SO INCLUDED,
WOULD RESULT IN A CONTRAVENTION OF SECTION 60
OF THE COMPANIES ACT 1963 (THE
"SECURED LIABILITIES"), IN THE MANNER
PROVIDED FOR IN ANY DOCUMENT CREATING
OR EVIDENCING THE SECURED LIABILITIES AND/OR
OTHERWISE AS AGREED FROM TIME TO
TIME. AH CAPITALISED TERMS USED HEREIN
HAVE THE MEANING GIVEN TO THEM IN
THE ANNEX ATTACHED TO FORM C1 |
|
Mortgage Type: |
A charge on uncalled share
capital of the company. A charge
created or evidenced by an instrument wh |
|
Date Charge Created: |
22/08/12 |
|
Date Charge Registered: |
30/08/12 |
|
Date Charge Satisfied: |
- |
|
Status: |
NOT SATISFIED |
|
Person(s) Entitled: |
WELLS FARGO BANK INTERNATIONAL |
|
Amount Secured: |
|
|
Details: |
THE CHARGOR HAS COVENANTED
TO PAY OR DISCHARGE ALL PRESENT AND
FUTURE OBLIGATIONS AND LIABILITIES, WHETHER
ACTUAL OR CONTINGENT AND WHETHER OWED
JOINTLY OR SEVERALLY OR IN ANY
OTHER CAPACITY WHATSOEVER, OF EACH
OBLIGOR TO THE LENDER EXCEPT FOR ANY
OBLIGATION WHICH, IF IT WERE SO
INCLUDED, WOULD RESULT IN A CONTRAVENTION OF SECTION
60 OF THE COMPANIES ACT 1963 (THE
"SECURED LIABILITIES"), IN THE MANNER
PROVIDED FOR IN ANY DOCUMENT CREATING
OR EVIDENCING THE SECURED LIABILITIES AND/OR
OTHERWISE AS AGREED FROM TIME TO
TIME. ALL CAPITALISED TERMS USED HEREIN
HAVE THE MEANING GIVEN TO THEM IN
THE ANNEX TO THIS FORM |
|
Mortgage Type: |
A charge on land, wherever
situate, or any interest therein, but
not including a charge for any rent |
|
Date Charge Created: |
10/08/12 |
|
Date Charge Registered: |
30/08/12 |
|
Date Charge Satisfied: |
- |
|
Status: |
NOT SATISFIED |
|
Person(s) Entitled: |
WELLS FARGO CAPITAL FINANCE
(UK) LIMITED |
|
Amount Secured: |
|
|
Details: |
THE MORTGAGOR HAS COVENANTED
TO PAY OR DISCHARGE ALL PRESENT AND
FUTURE OBLIGATIONS AND LIABILITIES, WHETHER
ACTUAL OR CONTINGENT AND WHETHER OWED JOINTLY
OR SEVERALLY OR IN ANY OTHER
CAPACITY WHATSOEVER, OF EACH OBLIGOR TO
THE LENDER EXCEPT FOR ANY OBLIGATION
WHICH, IF IT WERE SO INCLUDED,
WOULD RESULT IN A CONTRAVENTION OF SECTION 60
OF THE COMPANIES ACT 1963 (THE
"SECURED LIABILITIES"), IN THE MANNER
PROVIDED FOR IN ANY DOCUMENT CREATING
OR EVIDENCING THE SECURED LIABILITIES AND/OR
OTHERWISE AS AGREED FROM TIME TO
TIME. ALL CAPITALISED TERMS USED HEREIN
HAVE THE MEANING GIVEN TO THEM IN
THE ANNEX ATTACHED TO FORM C1 |
|
Mortgage Type: |
A charge on uncalled share
capital of the company. A charge
created or evidenced by an instrument wh |
|
Date Charge Created: |
10/08/12 |
|
Date Charge Registered: |
30/08/12 |
|
Date Charge Satisfied: |
- |
|
Status: |
NOT SATISFIED |
|
Person(s) Entitled: |
WELLS FARGO CAPITAL FINANCE
(UK) LIMITED |
|
Amount Secured: |
|
|
Details: |
THE CHARGOR HAS COVENANTED
TO PAY OR DISCHARGE ALL PRESENT AND
FUTURE OBLIGATIONS AND LIABILITIES, WHETHER
ACTUAL OR CONTINGENT AND WHETHER OWED
JOINTLY OR SEVERALLY OR IN ANY
OTHER CAPACITY WHATSOEVER, OF EACH
OBLIGOR TO THE LENDER EXCEPT FOR ANY
OBLIGATION WHICH, IF IT WERE SO INCLUDED,
WOULD RESULT IN A CONTRAVENTION OF SECTION 60
OF THE COMPANIES ACT 1963 (THE
"SECURED LIABILITIES"), IN THE MANNER
PROVIDED FOR IN ANY DOCUMENT CREATING
OR EVIDENCING THE SECURED LIABILITIES AND/OR
OTHERWISE AS AGREED FROM TIME TO
TIME. ALL CAPITALISED TERMS USED HEREIN
HAVE THE MEANING GIVEN TO THEM IN
THE ANNEX ATTACHED TO FORM C1 |
|
Mortgage Type: |
A charge created or
evidenced by an instrument which, if
executed by an individual, would require
re |
|
Date Charge Created: |
17/02/09 |
|
Date Charge Registered: |
05/03/09 |
|
Date Charge Satisfied: |
08/10/12 |
|
Status: |
FULLY SATISFIED |
|
Person(s) Entitled: |
ULSTER BANK IRELAND LIMITED |
|
Amount Secured: |
|
|
Details: |
All monies and/or obligations
which now are, or at any time
may become, due or owing to the
security holder by the company on any
account and all the other liabilities
whatsoever of the company to the security
holder whether actual or contingent and
whether as principal debtor, guarantor,
surety or otherwise. |
|
Mortgage Type: |
A charge on uncalled share
capital of the company. A charge
created or evidenced by an instrument wh |
|
Date Charge Created: |
08/03/06 |
|
Date Charge Registered: |
22/03/06 |
|
Date Charge Satisfied: |
08/10/12 |
|
Status: |
FULLY SATISFIED |
|
Person(s) Entitled: |
THE ROYAL BANK OF SCOTLAND
PUBLIC LIMITED COMPANY |
|
Amount Secured |
|
|
Details: |
All monies and/or obligations
which now are, or at any time
may become, due or owing to the
security holder by the company on any
account and all the other liabilities
whatsoever of the company to the security holder whether
actual or contingent and whether as
principal debtor, guarantor, surety or otherwise. |
|
Mortgage Type: |
A floating charge on the
undertakings or property of the company.
A charge on goodwill, on a patent |
|
Date Charge Created: |
16/09/04 |
|
Date Charge Registered: |
24/09/04 |
|
Date Charge Satisfied: |
08/10/12 |
|
Status: |
FULLY SATISFIED |
|
Person(s) Entitled: |
ULSTER BANK COMMERCIAL SERVICES
LIMITED |
|
Amount Secured: |
|
|
Details: |
All monies and/or obligations
which now are, or at any time
may become, due or owing to the
security holder by the company on any
account and all the other liabilities
whatsoever of the company to the security
holder whether actual or contingent and
whether as principal debtor, guarantor,
surety or otherwise. |
|
Mortgage Type: |
A GUARANTEE AND DEBENTURE. |
|
Date Charge Created: |
31/03/98 |
|
Date Charge Registered: |
17/04/98 |
|
Date Charge Satisfied: |
08/10/12 |
|
Status: |
FULLY SATISFIED |
|
Person(s) Entitled: |
THE ROYAL BANK OF SCOTLAND
PLC |
|
Amount Secured: |
|
|
Details: |
ALL MONIES AND LIABILITIES
DUE OR TO BECOME DUE UNDER SPECIFIC
AGREEMENT(S). |
|
Mortgage Type: |
A BORROWER ACCESSION AGREEMENT. |
|
Date Charge Created: |
21/03/94 |
|
Date Charge Registered: |
11/04/94 |
|
Date Charge Satisfied: |
12/01/99 |
|
Status: |
FULLY SATISFIED |
|
Person(s) Entitled: |
MORGAN GRENFELL & CO.
LIMITED AND EACH BANK OR OTHER FINANCIAL INSTITUTION UNDER THE FACILITY
AGREEMENT |
|
Amount Secured: |
|
|
Details: |
ALL OBLIGATIONS OWING BY
THE COMPANY UNDER SPECIFIC AGREEMENT(S) |
|
Mortgage Type: |
DEED OF ACCESSION. |
|
Date Charge Created: |
21/03/94 |
|
Date Charge Registered: |
08/04/94 |
|
Date Charge Satisfied: |
12/01/99 |
|
Status: |
FULLY SATISFIED |
|
Person(s) Entitled: |
MORGAN GRENFELL & CO
LIMITED AS AGENT AND TRUSTEE FOR
ITSELF AND EACH OF THE LENDERS |
|
Amount Secured: |
|
|
Details: |
ALL PRESENT AND FUTURE
OBLIGATIONS AND LIABILITIES UNDER SPECIFIC
AGREEMENTS |
|
Mortgage Type: |
A DEBENTURE. |
|
Date Charge Created: |
18/12/85 |
|
Date Charge Registered: |
06/01/86 |
|
Date Charge Satisfied: |
22/01/91 |
|
Status: |
FULLY SATISFIED |
|
Person(s) Entitled: |
ALLIED IRISH BANKS PLC |
|
Amount Secured: |
0 |
|
|
ALL SUMS NOW DUE OR
HEREAFTER TO BECOME DUE FROM THE
COMPANY TO THE |
|
Details: |
|
|
|
PERSON(S) ENTITLED |
|
Mortgage Type: |
A MORTGAGE DEBENTURE. |
|
Date Charge Created: |
02/10/85 |
|
Date Charge Registered: |
16/10/85 |
|
Date Charge Satisfied: |
22/01/91 |
|
Status: |
FULLY SATISFIED |
|
Person(s) Entitled: |
HILL SAMUEL AND CO.
(IRELAND) LTD. |
|
Amount Secured: |
0 |
|
Details: |
ALL SUMS NOW DUE OR
HEREAFTER TO BECOME DUE FROM THE
COMPANY TO THE PERSON(S) ENTITLED |
|
Name |
Current Directorships |
Previous Directorships |
|
ANDREW LLEWELLYN |
0 |
1 |
|
ALAN THOMPSON |
0 |
2 |
|
JAMES COOPER |
0 |
2 |
|
GARY SMYTH |
6 |
4 |
|
ALAN GREEN |
3 |
6 |
|
ALAN GREEN |
3 |
6 |
|
MICHAEL O'HANLON |
3 |
6 |
|
JOHN HUDSON |
0 |
4 |
|
Average Invoice Value |
€589.81 |
|
Invoices available |
23 |
|
Paid |
23 |
|
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 |
11 |
3 |
8 |
1 |
0 |
|
Outstanding |
0 |
0 |
0 |
0 |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.92 |
|
|
1 |
Rs.101.44 |
|
Euro |
1 |
Rs.72.26 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
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.