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Report No. : |
353380 |
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Report Date : |
17.12.2015 |
IDENTIFICATION DETAILS
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Name : |
SILVER CROWN INTERNACIONAL, S.A. |
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Registered Office : |
Calle 15 Y Av Roosevelt,, Colon, Colon Panamá |
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Country : |
Panama |
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Date of Incorporation : |
25.02.1981 |
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Legal Form : |
Sociedad Anónima |
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Line of Business : |
Wholesale of Different Products. |
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No. of Employees : |
18 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Panama |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
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 |
STATUTORY INFORMATION
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|
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Order: |
SILVER CROWN
INTERNATIONAL S A |
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Address in the
order: |
P O BOX
0302-00133 Z I COLON REP OF PANAMA |
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Legal Name: |
SILVER CROWN
INTERNACIONAL, S.A. |
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Trade Name: |
SILVER
CROWN |
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ID: |
67956 |
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Date Created: |
1981 |
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Date
Incorporated: |
25/02/1981 |
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Legal Address: |
Calle 15 Y Av
Roosevelt, |
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Operative
Address: |
Calle 15 Y Av
Roosevelt, |
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Telephone: |
441 1466 |
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Fax: |
445 3944 |
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Legal Form: |
Sociedad Anónima |
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Email: |
NA |
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Registered in: |
Panama |
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Website: |
No website |
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Contact: |
Mukesh Ramchand
Mirvani |
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Staff: |
18 |
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Activity: |
Wholesale
Industry |
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Banks: |
Banco Nacional
de Panama |
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The company does
not disclose its banking details |
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History: |
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The company was
established in 1981 |
PRINCIPAL ACTIVITY
|
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The company is
dedicated to the wholesale of different products. |
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Products/Services
description: |
Electronics, Appliances,
Luggage, Toys |
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Brands: |
SILVER
CROWN JAPAN |
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Sales are: |
Wholesale |
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Clients: |
KARITOS IMPORT
EIRL |
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Suppliers: |
VIVA
INTERNATIONAL GROUP LTD. |
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Operations area:
|
National |
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The company imports
from |
Taiwan |
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The company
exports to |
Latin America |
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The subject
employs |
18 employees |
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Payments: |
No Complaints |
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LOCATION
|
|
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Headquarters : |
Calle 15 Y Av
Roosevelt, |
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Branches: |
The company does
not have branches |
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Related
Companies: |
No related
companies found |
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GROUP STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the
stock exchange: |
NO |
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Capital: |
BALBOAS
1,500,000.00 |
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THE CAPITAL OF THE
COMPANY IS AUTHORIZED one million five hundred thousand dollars (B /
1,500,000.00) divided into five thousand (5,000) shares with a par value of
THREE HUNDRED DOLLARS (B / 300.00) each. |
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Shareholders: |
This is a
private company. We could not confirm major holders. |
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Management: |
TREASURY, HARISH
RAMCHAND MIRVANI |
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FINANCIAL INFORMATION
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The company does not make its financial statements public. |
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There are no financial for the subject. |
LEGAL FILINGS
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There are no
legal connected to the subject |
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SUMMARY
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The company is
dedicated to the wholesale of different products. |
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RISK INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
No Complaints |
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CASH
FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW |
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NAME |
NA |
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POSITION |
Sales |
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COMMENTS |
The person
contacted only agreed to confirm name of the company and address. He said he
coul not disclose further data without having inquirer's name. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.85 |
|
|
1 |
Rs.100.57 |
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Euro |
1 |
Rs.73.15 |
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USD |
1 |
Rs.66.29 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
AMR |
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|
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Report Prepared
by : |
TPT |
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 |
-- |
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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.