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Report No. : |
353876 |
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Report Date : |
17.12.2015 |
IDENTIFICATION DETAILS
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Name : |
ULTIMA INTERNATIONAL SĀRL |
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Registered Office : |
6, Rue Henri M. Schnadt, 2530 Luxembourg |
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Country : |
Luxembourg
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Financials (as on) : |
31.12.2013 |
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Date of Incorporation : |
26.07.2006 |
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Legal Form : |
Société Ā Responsabilité Limitée |
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Line of Business : |
Holding Company [We tried to confirm the detailed activity but the same is not available
from any sources] |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRAs Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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Status : |
Small Company |
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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
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Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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Luxembourg |
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 |
LUXEMBOURG - ECONOMIC OVERVIEW
This small, stable, high-income economy has historically featured
solid growth, low inflation, and low unemployment. The industrial sector,
initially dominated by steel, has become increasingly diversified to include
chemicals, machinery and equipment, rubber, automotive components, and other
products. The financial sector, which accounts for about 36% of GDP, is the
leading sector in the economy. The economy depends on foreign and cross-border
workers for about 39% of its labor force. Luxembourg experienced uneven
economic growth in the aftermath of the global economic crisis that began in
late 2008. Luxembourg's GDP contracted 3.6% in 2009, rebounded in 2010-12, fell
again in 2013, but recovered in 2014. Unemployment has remained below the EU
average despite having increased from a historically-low rate of 4% in the
2000s to 7% in 2014. The country continues to enjoy an extraordinarily high
standard of living - GDP per capita ranks among the highest in the world and is
the highest in the euro zone. Luxembourg has one of the highest current account
surpluses as a share of GDP in the euro zone, and it maintains a healthy
budgetary position and the lowest public debt levels in the region. Luxembourg
has lost some of its advantage as a favorable tax location because of OECD and
EU pressure. In 2015 the governments compliance with EU requirements to
implement automatic exchange of tax information on savings accounts - thus
ending banking secrecy - has depressed banking activity and dampened GDP
growth. Likewise, changes to the way EU members collect taxes from e-Commerce
has cut Luxembourgs tax revenues, requiring the government to raise additional
levies and to reduce some direct social benefits.
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Source
: CIA |
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Company name |
ULTIMA INTERNATIONAL SĀRL |
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Risk |
Normal risk |
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Status |
Active |
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Company name |
ULTIMA INTERNATIONAL SĀRL |
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Trading name |
ULTIMA INTERNATIONAL SĀRL |
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Operative address |
6, Rue Henri M. Schnadt 2530 Luxembourg |
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Correspondence address |
6, Rue Henri M. Schnadt 2530 Luxembourg |
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Telephone number |
Unknown |
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Fax number |
Unknown |
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Email address |
Unknown |
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Website |
Unknown |
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Registration number |
Luxembourg B 118.590 |
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Fiscal number |
2006/2430/401 |
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VAT-number |
Unknown |
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Status |
Active |
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Establishment date |
26.07.2006 as Société ā
responsabilité limitée |
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Legal form |
Société ā responsabilité limitée |
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Subscribed share capital |
EUR 16.000 |
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Holding company. |
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Shareholders |
Aquarius Investholding Sārl 2530 Luxembourg, 6, Rue Henri M. Schnadt 100%, since 01/12/2008 |
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Structure |
Subsidiaries not known. |
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Branches |
No branches |
Management
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Year |
2015 |
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0 |
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A bank connection is not
known. |
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With agreed terms |
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An official telephone extension is not
known. |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.66.85 |
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|
1 |
Rs.100.57 |
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Euro |
1 |
Rs.73.15 |
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LUF |
1 |
Rs.72.17 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
TRI |
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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
SCs 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.