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Report No. : |
355310 |
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Report Date : |
16.12.2015 |
IDENTIFICATION DETAILS
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Name : |
SKAYEDZAN LIMITED |
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Registered Office : |
36 Cuthberga Closebarkingig11 8bs |
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Country : |
United Kingdom |
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Date of Incorporation : |
02.01.2015 |
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Com. Reg. No.: |
09371696 |
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Legal Form : |
Private limited with Share Capital |
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LINE OF BUSINESS : |
NOT
AVAILABLE NOTE: [WE
TRIED TO CONFIRM / OBTAIN THE DETAILED ACTIVITY BUT THE SAME IS NOT AVAILABLE
FROM ANY SOURCES] |
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No. of Employee : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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-- |
NB |
New Business |
-- |
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Status : |
New business |
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Payment Behaviour : |
Unknown |
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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 – March 31, 2015
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Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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United Kingdom |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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. 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 has been a net importer of energy since 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.
In 2008, 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. Facing burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated an austerity program, which aimed to lower London's budget deficit from about 11% of GDP in 2010 to nearly 1% by 2015. 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 20% by 2015. However, the deficit still remains one of the highest in the G7, standing at 6.0% in 2014.
In 2012, weak consumer spending and subdued business investment weighed on the economy, however, in 2013 GDP grew 1.7% and in 2014, 2.6%, accelerating unexpectedly because of greater consumer spending and a recovering housing market.
The Bank of England (BoE) implemented an asset purchase program of �375 billion (approximately $586 billion) as of December 2014. 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).
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Source
: CIA |
SKAYEDZAN LIMITED
36 CUTHBERGA CLOSEBARKINGIG11 8BS
09371696
Active - Newly Incorporated
Registered
Address 36
CUTHBERGA CLOSE
BARKING
IG11 8BS
Trading
Address 36
Cuthberga Close
Barking
Essex
IG11 8BS
Website Address -
Telephone Number -
Fax Number
TPS -
FPS Yes
Incorporation Date 02/01/2015
Previous Name
Type Private
limited with Share Capital
FTSE Index -
Date of Change -
Filing Date of Accounts -
Currency
Share Capital -
SIC07
Charity Number -
SIC07 Description
Principal Activity
Year to Date Turnover Pre Tax Profit Shareholder Funds
Employees
- - - - -
Total Mortgage 0
Outstanding 0
Satisfied 0
Total Number of Documented Trade 0
Total Value of Documented Trade £0
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This company has been treated as a New company in respect of the
rating/limit generated. |
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This company has not yet filed financial statements and is aged
12 months or less. |
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This company is based in a geographical area with a higher level
of corporate failures. |
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This company does not have any registered mortgage charges. |
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There have been no director resignations in the last 6 months. |
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Total Number of Exact CCJs - |
0 |
Total Value of Exact CCJs - |
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Total Number of Possible CCJs - |
0 |
Total Value of Possible CCJs - |
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Total Number of Satisfied CCJs - |
0 |
Total Value of Satisfied CCJs - |
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Total Number of Writs - |
- |
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Total Current Directors |
1 |
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Total Current Secretaries |
0 |
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Total Previous Directors / Company Secretaries |
0 |
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Title |
Ms |
Function |
Director |
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Name |
Sireesha Simhadri |
Nationality |
British |
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Date of Birth |
09/1989 |
Present Appointments |
1 |
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Latest Address |
36 Cuthberga Close, Barking |
Appointment Date |
02/01/2015 |
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Post Code |
IG11 8BS |
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Top 20 Shareholders
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There are no notes to display. |
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No Status History found |
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Date |
Description |
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06/01/2015 |
New Board Member Ms S. Simhadri appointed |
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No Previous Names found |
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No writs found |
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Group |
- |
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Linkages |
0 companies |
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Countries |
In 0 countries |
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Holding Company |
- |
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Ownership Status |
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Ultimate Holding Company |
- |
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No Previous Director Details |
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Average Invoice Value |
n/a |
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Invoices available |
n/a |
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Paid |
n/a |
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Outstanding |
n/a |
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Trade Payment Data is information that we collect from selected
third party partners who send us information about their whole sales ledger. |
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Within Terms |
0-30 Days |
31-60 Days |
61-90 Days |
91+ Days |
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Paid |
|||||
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Outstanding |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.67.04 |
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|
1 |
Rs.101.67 |
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Euro |
1 |
Rs.73.93 |
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GBP |
1 |
Rs.100.18 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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DIV |
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Report Prepared
by : |
TRU |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.