|
Report No. : |
301870 |
|
Report Date : |
08.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
LEICA MIKROSYSTEME VERTRIEB GMBH |
|
|
|
|
Registered Office : |
Ernst-Leitz-Str. 17-37, D 35578 Wetzlar |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
17.10.1985 |
|
|
|
|
Com. Reg. No.: |
HRB 5464 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
·
Agents
involved in the sale of fine mechanical, photo and optical products ·
Wholesale
of electrial domestic appliances · Wholesale of nonelectric domestic appliances, metal and other household goods n.e.c. |
|
|
|
|
No. of Employees : |
161 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
GERMANY - ECONOMIC
OVERVIEW
The German economy - the
fifth largest economy in the world in PPP terms and Europe's largest - is a
leading exporter of machinery, vehicles, chemicals, and household equipment and
benefits from a highly skilled labor force. Like its Western European
neighbors, Germany faces significant demographic challenges to sustained
long-term growth. Low fertility rates and declining net immigration are
increasing pressure on the country's social welfare system and necessitate
structural reforms. Reforms launched by the government of Chancellor Gerhard
SCHROEDER (1998-2005), deemed necessary to address chronically high
unemployment and low average growth, has contributed to strong growth and falling
unemployment. These advances, as well as a government subsidized, reduced
working hour scheme, help explain the relatively modest increase in
unemployment during the 2008-09 recession - the deepest since World War II -
and its decrease to 5.3% in 2013. The new German government introduced a
minimum wage of $11 per hour to take effect in 2015. Stimulus and stabilization
efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela
MERKEL's second term increased Germany's total budget deficit - including
federal, state, and municipal - to 4.1% in 2010, but slower spending and higher
tax revenues reduced the deficit to 0.8% in 2011 and in 2012 Germany reached a
budget surplus of 0.1%. A constitutional amendment approved in 2009 limits the
federal government to structural deficits of no more than 0.35% of GDP per
annum as of 2016 though the target was already reached in 2012. Following the
March 2011 Fukushima nuclear disaster, Chancellor Angela MERKEL announced in
May 2011 that eight of the country's 17 nuclear reactors would be shut down
immediately and the remaining plants would close by 2022. Germany hopes to
replace nuclear power with renewable energy. Before the shutdown of the eight
reactors, Germany relied on nuclear power for 23% of its electricity generating
capacity and 46% of its base-load electricity production.
|
Source
: CIA |
LEICA
MIKROSYSTEME VERTRIEB GMBH
Company Status: active
Ernst-Leitz-Str. 17-37
D 35578 Wetzlar
Telephone: 06441/29-0
Telefax: 06441/29-2599
Homepage: www.leica-microsystems.com
E-mail: webmaster@leica-microsystems.com
DE812487602
Business relations are permissible.
LEGAL FORM Private
limited company
Date
of foundation: 17.10.1985
Shareholders'
agreement: 17.10.1985
Registered on: 13.08.2007
Commercial Register: Local court 35578 Wetzlar
under: HRB
5464
EUR 26,000.00
Leica Microsystems
Holdings GmbH
Ernst-Leitz-Str. 17-37
D 35578 Wetzlar
Legal form: Private
limited company
Share capital: EUR
26,002,740.00
Share: EUR 26,000.00
Registered on: 18.01.1930
Reg. data: 35578 Wetzlar,
HRB 7
Profit transfer agreement
Manager:
Frank Bunge
D 55116 Mainz
authorized to jointly
represent the company
born: 15.11.1959
Manager:
Colin Ernest Davis
GB - London
authorized to jointly
represent the company
born: 01.10.1949
Nationality: British
Manager:
Cornelis Johannes Maria
van Ophem
CH Gryon
authorized to jointly
represent the company
born: 03.11.1962
Profession: Solicitor
Nationality: Dutch
Marital status: unknown
Proxy:
Peter Hausammann
D 64354 Reinheim
authorized to jointly
represent the company
born: 31.12.1954
Proxy:
Karim Safaee
D 61348 Bad Homburg
authorized to jointly
represent the company
born: 13.12.1966
Proxy:
Yves Janin
F Boeurs en Othe
authorized to jointly
represent the company
born: 12.01.1962
Nationality: French
Proxy:
Dr. Jürgen Kreß
D 61440 Oberursel
authorized to jointly
represent the company
born: 15.03.1971
Further functions/participations of Colin
Ernest Davis (Manager)
Manager:
Kerr Gesellschaft mit
beschränkter Haftung
Murgstr. 1/14
D 76437 Rastatt
Legal form: Private
limited company
Share capital: EUR 153,387.56
Registered
on: 26.06.1972
Reg. data: 68159 Mannheim, HRB 522335
Manager:
ALLTEC Angewandte
Laserlicht Technologie
Gesellschaft mit
beschränkter Haftung
An der Trave 27-31
D 23923 Selmsdorf
Legal form: Private
limited company
Share capital: EUR 1,402,933.79
Registered
on: 21.01.2003
Reg. data: 19053 Schwerin, HRB 7884
Manager:
Leica Microsystems Holdings
GmbH
Ernst-Leitz-Str. 17-37
D 35578 Wetzlar
Legal form: Private
limited company
Share capital: EUR
26,002,740.00
Registered
on: 18.01.1930
Reg. data: 35578 Wetzlar, HRB 7
Manager:
Danaher Acquisition GmbH
An der Meil 2
D 65555 Limburg
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 22.07.2008
Reg. data: 65549 Limburg, HRB 4261
Manager:
Kaltenbach & Voigt
Holding GmbH
Bismarckring 39
D 88400 Biberach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 25.11.2008
Reg. data: 89073 Ulm, HRB 722861
Manager:
KOLLMORGEN Europe GmbH
Pempelfurtstr. 1
D 40880 Ratingen
Legal form: Private
limited company
Share capital: EUR 238,000.00
Registered
on: 03.04.1998
Reg. data: 40227 Düsseldorf, HRB 35844
Manager:
Leica Microsystems GmbH
Ernst-Leitz-Str. 17-37
D 35578 Wetzlar
Legal form: Private
limited company
Share capital: EUR
12,000,000.00
Registered
on: 19.12.2005
Reg. data: 35578 Wetzlar, HRB 5187
Manager:
Leica Microsystems IR
GmbH
Ernst-Leitz-Str. 17-37
D 35578 Wetzlar
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 22.03.2000
Reg. data: 35578 Wetzlar, HRB 2349
Manager:
Leica Microsystems CMS
GmbH
Ernst-Leitz-Str. 17-37
D 35578 Wetzlar
Legal form: Private
limited company
Share capital: EUR 196,000.00
Registered
on: 12.03.2001
Reg. data: 35578 Wetzlar, HRB 2432
Manager:
Danaher Acquisition
Holding GmbH
Uhlandstr. 49
D 78554 Aldingen
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 03.12.2007
Reg. data: 70190 Stuttgart, HRB 724724
Manager:
Danaher Acquisition
Finance GmbH
Uhlandstr. 49
D 78554 Aldingen
Legal form: Private
limited company
Share capital: EUR 25,600.00
Registered
on: 31.01.2008
Reg. data: 70190 Stuttgart, HRB 725361
Further functions/participations of Cornelis
Johannes Maria van
Ophem (Manager)
Manager:
Leica Microsystems
Holdings GmbH
Ernst-Leitz-Str. 17-37
D 35578 Wetzlar
Legal form: Private limited company
Share capital: EUR
26,002,740.00
Registered
on: 18.01.1930
Reg. data: 35578 Wetzlar, HRB 7
Manager:
THOMSON NEFF GmbH
Nürtinger Str. 70
D 72649 Wolfschlugen
Legal form: Private
limited company
Share capital: EUR 3,632,000.00
Registered
on: 10.08.1967
Reg. data: 70190 Stuttgart, HRB 220154
Manager:
Qualitrol Gesellschaft
mit beschränkter
Haftung
Uhlandstr. 49
D 78554 Aldingen
Legal form: Private
limited company
Share capital: EUR 31,000.00
Registered
on: 20.11.1995
Reg. data: 70190 Stuttgart, HRB 460606
Manager:
X-Rite GmbH
Fraunhoferstr. 14
D 82152 Planegg
Legal form: Private
limited company
Share capital: EUR 204,516.75
Registered
on: 07.12.1989
Reg. data: 80333 München, HRB 89433
Manager:
Negele Messtechnik GmbH
Raiffeisenweg 7
D 87743 Egg
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 28.01.1999
Reg. data: 87700 Memmingen, HRB 10496
Manager:
OTT Hydromet GmbH
Ludwigstr. 16
D 87437 Kempten
Legal form: Private
limited company
Share capital: EUR 7,000,000.00
Registered
on: 20.12.2001
Reg. data: 87435 Kempten, HRB 7687
Manager:
Veeder-Root Holding GmbH
Uhlandstr. 49
D 78554 Aldingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 28.05.2008
Reg. data: 70190 Stuttgart, HRB 726413
Manager:
Leica Microsystems GmbH
Ernst-Leitz-Str. 17-37
D 35578 Wetzlar
Legal form: Private
limited company
Share capital: EUR
12,000,000.00
Registered
on: 19.12.2005
Reg. data: 35578 Wetzlar, HRB 5187
Manager:
Veeder-Root Finance
GmbH
Uhlandstr. 49
D 78554 Aldingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 10.12.2008
Reg. data: 70190 Stuttgart, HRB 728174
Manager:
Leica Biosystems Eisfeld
GmbH
Seeweg 4
D 98673 Eisfeld
Legal form: Private
limited company
Share capital: EUR 100,000.00
Registered
on: 26.08.1999
Reg. data: 07745 Jena, HRB 305169
Manager:
Qualitrol Holding GmbH
Uhlandstr. 49
D 78554 Aldingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 21.12.2005
Reg. data: 70190 Stuttgart, HRB 460965
Manager:
Danaher Industrial
Controls GmbH
Uhlandstr. 49
D 78554 Aldingen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 17.12.2003
Reg. data:
70190 Stuttgart, HRB 460893
Manager:
Leica Microsystems IR
GmbH
Ernst-Leitz-Str. 17-37
D 35578 Wetzlar
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 22.03.2000
Reg. data: 35578 Wetzlar, HRB 2349
Manager:
Veeder-Root Gesellschaft
mit beschränkter
Haftung
Uhlandstr. 49
D 78554 Aldingen
Legal form: Private
limited company
Share capital: EUR 352,250.00
Registered
on: 13.10.1995
Reg. data: 70190 Stuttgart, HRB 460605
Manager:
Aquafine GmbH
Ramskamp 77-85
D 25337 Elmshorn
Legal form: Private
limited company
Share capital: EUR 500,000.00
Registered
on: 11.03.2008
Reg. data: 25421 Pinneberg, HRB 7336 PI
Manager:
Sea-Bird GmbH
Ludwigstr. 16
D 87437 Kempten
Post Box:
11 67, D 87401 Kempten
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 02.05.2011
Reg. data: 87435 Kempten, HRB 11050
17.10.1985 - 28.07.1991 Leica Vertrieb GmbH
Ernst-Leitz-Str. 1
D 35578 Wetzlar
Private limited
company
29.07.1991 - 13.05.1998 Leica Vertrieb GmbH
Lilienthalstr. 39-45
D 64625
Bensheim
Private limited
company
13.05.1998 - 13.08.2007 Leica Mikrosysteme Vertrieb GmbH
Lilienthalstr. 39-45
D 64625 Bensheim
Private limited company
28.10.2011 - 16.01.2012 Manager
Eric Bouvier
F - Lyon
21.08.2007 - 16.01.2012 Manager
David Roy Martyr
GB Daventry
Main
industrial sector
46181
Agents involved in the sale of fine mechanical, photo and optical
products
46432
Wholesale of electrial domestic appliances
46495
Wholesale of nonelectric domestic appliances, metal and other household
goods n.e.c.
Branch:
Leica Mikrosysteme
Vertrieb GmbH
D 80333 München
Branch:
Leica Mikrosysteme
Vertrieb GmbH
D 70173 Stuttgart
Branch:
Leica Mikrosysteme
Vertrieb GmbH
D 50667 Köln
Branch:
Leica Mikrosysteme
Vertrieb GmbH
D 60313 Frankfurt
Branch:
Leica Mikrosysteme
Vertrieb GmbH
Tiergartenstr. 9
D 64646 Heppenheim
Branch:
Leica Mikrosysteme
Vertrieb GmbH
Immenweg 4
D 21220 Seevetal
TEL.: 04105/83356
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Balance sheet year: 2012
Type of
ownership: Tenant
Address Ernst-Leitz-Str.
17-37
D 35578 Wetzlar
Land register documents were not available.
Principal banks
COMMERZBANK, 60005 FRANKFURT AM MAIN
Sort. code: 50040000
BIC: COBADEFFXXX
COMMERZBANK VORMALS DRESDNER BANK, 64219
DARMSTADT
Sort. code: 50880050
BIC: DRESDEFF508
POSTBANK, 60288 FRANKFURT AM MAIN
Sort. code: 50010060
BIC: PBNKDEFFXXX
Turnover: 2013 EUR 167,000,000.00
Equipment: EUR 1,436,884.00
Ac/ts receivable: EUR 24,817,283.00
Liabilities: EUR 30,050,722.00
Employees: 161
-
Trainees:
3
Profit transfer agreement to:
Leica Microsystems
Holdings GmbH
Ernst-Leitz-Str. 17-37
D 35578 Wetzlar
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 21.03
Liquidity ratio: 1.55
Return on total capital [%]: 19.80
Balance sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 32.16
Liquidity ratio: 5.41
Return on total capital [%]: 31.27
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 24.66
Liquidity ratio: 3.99
Return
on total capital [%]: 9.86
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 22.81
Liquidity ratio: 1.59
Return on total capital [%]: 21.54
Equity ratio
The
equity ratio indicates the portion of the equity as compared
to
the total capital. The higher the equity ratio, the better the
economic stability (solvency) and thus the
financial autonomy of
a
company.
Liquidity ratio
The
liquidity ratio shows the proportion between adjusted
receivables and net liabilities. The higher
the ratio, the lower
the
company's financial dependancy from external creditors.
Return on total capital
The
return on total capital shows the efficiency and return on
the
total capital employed in the company. The higher the return
on
total capital, the more economically does the company work
with the invested capital.
Type of balance sheet: Company
balance sheet
Financial year: 01.01.2012
- 31.12.2012
ASSETS EUR 43,623,801.81
Fixed assets
EUR 5,276,337.93
Intangible assets
EUR 10,088.19
Concessions, licences, rights
EUR 10,088.19
Tangible assets
EUR 1,436,884.23
Other tangible assets / fixtures and
fittings
EUR 1,436,884.23
Financial assets
EUR 3,829,365.51
Securities included in fixed assets
EUR 620,087.51
Other loans
EUR 3,209,278.00
Current assets
EUR 38,301,267.52
Stocks
EUR 8,132,673.15
Finished goods / work in progress
EUR 8,132,673.15
Accounts receivable
EUR 24,817,283.01
Trade debtors
EUR 19,462,353.86
Amounts due from related companies
EUR 5,268,041.77
Other debtors and assets EUR 86,887.38
Liquid means
EUR 5,351,311.36
Remaining other assets
EUR 46,196.36
Accruals (assets)
EUR 46,196.36
LIABILITIES EUR 43,623,801.81
Shareholders' equity
EUR 536,827.00
Capital
EUR 26,000.00
Subscribed capital (share capital)
EUR 26,000.00
Reserves
EUR 510,827.00
Retained earnings / revenue reserves EUR 510,827.00
Provisions
EUR 12,021,838.69
Pension
provisions and comparable
provisions
EUR 7,740,388.00
Other / unspecified provisions
EUR 4,281,450.69
Liabilities
EUR 30,050,722.00
Other liabilities EUR 30,050,722.00
Trade creditors (for IAS incl. bills
of exchange)
EUR 2,633,520.97
Liabilities from received advance
payments
EUR 1,211,376.41
Liabililties due to related companiesEUR 25,522,909.19
Unspecified other liabilities
EUR 682,915.43
thereof liabilities from tax /
financial authorities
EUR 199,749.72
Other liabilities
EUR 1,014,414.12
Deferrals (liabilities)
EUR 1,014,414.12
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 166,573,625.31
Other operating income
EUR 2,358,985.27
Cost of materials
EUR 123,492,827.86
Raw materials and supplies, purchased
goods
EUR 123,492,827.86
Gross result (+/-)
EUR 45,439,782.72
Staff expenses
EUR 13,614,310.56
Wages and salaries
EUR 11,333,317.01
Social security contributions and
expenses
for pension plans and
benefits
EUR 2,280,993.55
Total depreciation
EUR 444,701.54
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 444,701.54
Other operating expenses
EUR 21,506,012.38
Operating result from continuing
operations
EUR 9,874,758.24
Interest result (+/-) EUR -1,237,290.67
Interest and similar income
EUR 67,141.03
Interest and similar expenses
EUR 1,304,431.70
thereof paid to related companies
EUR 882,841.28
Financial result (+/-)
EUR -1,237,290.67
Result from ordinary operations (+/-)
EUR 8,637,467.57
Expenses for transfer of profits to a
parent company
EUR 8,637,467.57
Annual surplus / annual deficit EUR 0.00
Type of balance sheet: Company
balance sheet
Financial year: 01.01.2011
- 31.12.2011
ASSETS EUR 60,326,848.90
Fixed assets
EUR 5,395,135.99
Intangible assets
EUR 4,118.08
Concessions, licences, rights
EUR 4,118.08
Tangible assets
EUR 1,173,409.39
Other tangible assets / fixtures and
fittings
EUR 1,173,409.39
Financial assets
EUR 4,217,608.52
Securities included in fixed assets
EUR 525,803.52
Other loans
EUR 3,691,805.00
Current assets
EUR 54,722,554.56
Stocks
EUR 7,056,183.40
Finished goods / work in progress
EUR 7,056,183.40
Accounts receivable EUR 23,444,862.05
Trade debtors
EUR 20,353,719.17
Amounts due from related companies
EUR 3,000,610.04
Other debtors and assets
EUR 90,532.84
Liquid means EUR 24,221,509.11
Remaining other assets
EUR 209,158.35
Accruals (assets)
EUR 209,158.35
LIABILITIES EUR 60,326,848.90
Shareholders' equity
EUR 536,827.00
Capital
EUR 26,000.00
Subscribed capital (share capital)
EUR 26,000.00
Reserves
EUR 510,827.00
Retained earnings / revenue reserves EUR 510,827.00
Provisions
EUR 11,705,458.55
Pension provisions and comparable
provisions
EUR 7,624,932.00
Other / unspecified provisions
EUR 4,080,526.55
Liabilities
EUR 47,414,907.50
Other liabilities
EUR 47,414,907.50
Trade creditors (for IAS incl. bills
of exchange) EUR 5,892,307.45
Liabilities from received advance
payments
EUR 2,949,011.01
Liabililties due to related companiesEUR 37,653,480.58
Unspecified other liabilities
EUR 920,108.46
thereof liabilities from tax /
financial authorities
EUR 148,093.61
Other liabilities
EUR 669,655.85
Deferrals (liabilities)
EUR 669,655.85
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 163,711,067.54
Other operating income
EUR 2,776,242.96
Cost of materials
EUR 113,085,596.44
Raw materials and supplies, purchased
goods
EUR 113,085,596.44
Gross result (+/-)
EUR 53,401,714.06
Staff expenses
EUR 11,986,282.50
Wages and salaries
EUR 9,893,927.91
Social security contributions and
expenses for pension plans and
benefits
EUR 2,092,354.59
Total depreciation
EUR 359,449.36
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 359,449.36
Other operating expenses
EUR 21,460,792.60
Operating result from continuing
operations
EUR 19,595,189.60
Interest result (+/-)
EUR -733,298.81
Interest and similar income
EUR 196,536.91
Interest and similar expenses
EUR 929,835.72
thereof paid to related companies
EUR 450,451.59
Financial result (+/-)
EUR -733,298.81
Result from ordinary operations (+/-)
EUR 18,861,890.79
Expenses for transfer of profits to a
parent company
EUR 18,861,890.79
Annual surplus / annual deficit
EUR 0.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.97 |
|
|
1 |
Rs.94.97 |
|
Euro |
1 |
Rs.74.43 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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.