MIRA INFORM REPORT

Report No. :	329765
Report Date :	08.07.2015

IDENTIFICATION DETAILS

Name :	GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED

Registered Office :	25 Roseberry Road Billingham Cleveland TS23 2SD

Country :	United Kingdom

Financials (as on) :	31.03.2014

Date of Incorporation :	12.06.2007

Com. Reg. No.:	06276458

Legal Form :	Private Limited with Share Capital

Line of Business :	Wholesale of Wood, Construction Materials and Sanitary Equipment.

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Status :	Satisfactory

Payment Behaviour :	Slow but correct

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)

United Kingdom

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
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 became a net importer of energy in 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 5.8% in 2013. 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). In 2012, weak consumer spending and subdued business investment weighed on the economy, however, in 2013 GDP grew 1.8%, accelerating unexpectedly because of greater consumer spending and a recovering housing market.

Source : CIA

Company name and address

Company Name: GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED

Company No: 06276458

Company Status: Active - Accounts Filed

Registered Address: 25 ROSEBERRY ROAD BILLINGHAM CLEVELAND TS23 2SD

Company Summary

Registered Address 25 ROSEBERRY ROAD, BILLINGHAM, CLEVELAND, TS23 2SD

Trading Address 25 Roseberry Road, Billingham, Cleveland, TS23 2SD

Website Address -

Telephone Number -

Fax Number -

TPS -

FPS No

Incorporation Date 12/06/2007

Previous Name -

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 12/08/2014

Currency GBP

Share Capital £100

SIC07 46730

Charity Number -

SIC07 Description WHOLESALE OF WOOD, CONSTRUCTION MATERIALS AND SANITARY EQUIPMENT

Principal Activity --

Key Financials

Year to Date Turnover Pre Tax Profit Shareholder Funds Employees

31/03/2014 - - £224,793 -

31/03/2013 - - £117,650 -

31/03/2012 - - £87,086 -

Mortgage Summary

Total Mortgage 0

Outstanding 0

Satisfied 0

Trade Debtors/ Bad Debt Summary

Total Number of Documented Trade 0

Total Value of Documented Trade £0

Commentary

This company has been treated as a Small company in respect of the rating/limit generated.
This company has only made late payments on a low percentage of invoices.
The latest Balance Sheet indicates a very positive net working capital position.
The latest cash balances represent a positive level in terms of the overall outstanding creditor obligations.
There has been an increase in shareholders funds compared with the previous balance sheet.
This company trades in an industry with a moderate level of corporate failures.

CCJ

Total Number of Exact CCJs -	0	Total Value of Exact CCJs -
Total Number of Possible CCJs -	0	Total Value of Possible CCJs -
Total Number of Satisfied CCJs -	0	Total Value of Satisfied CCJs -
Total Number of Writs -	-

Total Current Directors	3
Total Current Secretaries	1
Total Previous Directors / Company Secretaries	2

Current Directors

Name	Janet Elizabeth Barrow	Date of Birth	18/08/1959
Officers Title	Mrs	Nationality	British
Present Appointments	3	Function	Director
Appointment Date	12/02/2013
Address	25 Roseberry Road, Billingham, Cleveland, TS23 2SD

Name	Russell John Barrow	Date of Birth	22/10/1959
Officers Title	Mr	Nationality	British
Present Appointments	6	Function	Director
Appointment Date	27/06/2007
Address	4 Merlay Close, Yarm, Cleveland, TS15 9TE

Name	Daniel Callum Barney	Date of Birth	29/11/1980
Officers Title	Mr	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	12/02/2013
Address	25 Roseberry Road, Billingham, Cleveland, TS23 2SD

Current Company Secretary

Name	Janet Elizabeth Barrow	Date of Birth	18/08/1959
Officers Title	Mrs	Nationality	British
Present Appointments	3	Function	Company Secretary
Appointment Date	27/06/2007
Address	4 Merlay Close, Yarm, Cleveland, TS15 9TE

Top 20 Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
RUSSELL JOHN BARROW	GBP	45	ORDINARY	1	45
JANET ELIZABETH BARROW	GBP	45	ORDINARY	1	45
DANIEL CALLUM BARNEY	GBP	10	ORDINARY	1	10

Financials

Profit & Loss

	Date Of Accounts	31/03/14	(%)	31/03/13	(%)	31/03/12	(%)	31/03/11	(%)	31/05/10
	Weeks	52	(%)	52	(%)	52	(%)	43	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Turnover	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Depreciation	£3,105	0%	£3,104	-	£3,104	20%	£2,587	-29.7%	£3,679
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Profit After Tax	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

	Date Of Accounts	31/03/14	(%)	31/03/13	(%)	31/03/12	(%)	31/03/11	(%)	31/05/10
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Tangible Assets	£3,351	-32.2%	£4,942	-20%	£6,174	-33.5%	£9,278	-21.8%	£11,865
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Total Fixed Assets	£3,351	-32.2%	£4,942	-20%	£6,174	-33.5%	£9,278	-21.8%	£11,865
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Stock	£160,294	0.2%	£159,949	131.1%	£69,225	68.5%	£41,076	28.3%	£32,027
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Trade Debtors	£200,724	92.8%	£104,100	-35.5%	£161,322	-25.9%	£217,604	-18.3%	£266,356
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Cash	£53,833	-13.4%	£62,152	529.6%	£9,872	99.5%	£4,949	115.6%	£2,295
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Other Debtors	0	-	0	-	0	-	0	-	0
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Total Current Assets	£414,851	27.2%	£326,201	35.7%	£240,419	-8.8%	£263,629	-12.3%	£300,678
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Trade Creditors	£193,409	-9.4%	£213,493	33.8%	£159,507	-32.8%	£237,226	-18.5%	£290,912
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-	0
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Total Current Liabilities	£193,409	-9.4%	£213,493	33.8%	£159,507	-32.8%	£237,226	-18.5%	£290,912
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	0	-	0	-	0	-	0	-	0
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	0	-	0	-	0	-	0	-	0

Capital & Reserves

	Date Of Accounts	31/03/14	(%)	31/03/13	(%)	31/03/12	(%)	31/03/11	(%)	31/05/10
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Called Up Share Capital	£100	999.9%	£2	-	£2	-	£2	-	£2
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	P & L Account Reserve	£224,693	91%	£117,648	35.1%	£87,084	144.1%	£35,679	65%	£21,629
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Shareholder Funds	£224,793	91.1%	£117,650	35.1%	£87,086	144.1%	£35,681	65%	£21,631

Other Financial Items

	Date Of Accounts	31/03/14	(%)	31/03/13	(%)	31/03/12	(%)	31/03/11	(%)	31/05/10
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Net Worth	£224,793	91.1%	£117,650	35.1%	£87,086	144.1%	£35,681	65%	£21,631
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Working Capital	£221,442	96.5%	£112,708	39.3%	£80,912	206.5%	£26,403	170.4%	£9,766
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Total Assets	£418,202	26.3%	£331,143	34.3%	£246,593	-9.6%	£272,907	-12.7%	£312,543
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Total Liabilities	£193,409	-9.4%	£213,493	33.8%	£159,507	-32.8%	£237,226	-18.5%	£290,912
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Net Assets	£224,793	91.1%	£117,650	35.1%	£87,086	144.1%	£35,681	65%	£21,631

Cash Flow

	Date Of Accounts	31/03/14	(%)	31/03/13	(%)	31/03/12	(%)	31/03/11	(%)	31/05/10
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/03/14	(%)	31/03/13	(%)	31/03/12	(%)	31/03/11	(%)	31/05/10
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Capital Employed	£224,793	91.1%	£117,650	35.1%	£87,086	144.1%	£35,681	65%	£21,631
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Number of Employees	-	-	-	-	-	-	-	-	-
	Accountants
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/03/14	31/03/13	31/03/12	31/03/11	31/05/10
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Current ratio	2.14	1.53	1.51	1.11	1.03
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Gearing %	0	0	0	0	0
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Equity in %	53.80	35.50	35.30	13.10	6.90
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Creditor Days	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Debtor Days	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	1.31	0.77	1.07	0.93	0.92
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Return On Capital Employed %	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Current Debt Ratio	0.86	1.81	1.83	6.64	13.44
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Total Debt Ratio	0.86	1.81	1.83	6.64	13.44
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\VIVEK\Foreign Report Raw2\GREENFIX SOIL STABILISATION & EROSION CONTROL LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	-	-	-

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
20/06/2015	Annual Returns
16/08/2014	New Accounts Filed
21/06/2014	Annual Returns
11/12/2013	New Accounts Filed
11/07/2013	Annual Returns
14/02/2013	New Board Member Mr D.C. Barney appointed
14/02/2013	New Board Member Mrs J.E. Barrow appointed
26/11/2012	New Accounts Filed
31/07/2012	Annual Returns
27/08/2011	New Accounts Filed
27/08/2011	New Accounts Filed
24/06/2011	Annual Returns
16/09/2010	New Accounts Filed
12/07/2010	Annual Returns
03/02/2010	New Accounts Filed

Previous Company Names

No Previous Names found

Writ Details

No writs found

Statistics

Group	-
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	-
Ownership Status
Ultimate Holding Company	-

Group Structure Full

No Group Structure

Previous Director/Company Secretaries

Name		Current Directorships	Previous Directorships
COMPANY DIRECTORS LIMITED		9351	196299
TEMPLE SECRETARIES LIMITED		11623	198018
Average Invoice Value	Ł1318.64
Invoices available	24
Paid	24
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	19	2	1	2	0
Outstanding	0	0	0	0	0

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.37
UK Pound	1	Rs.98.86
Euro	1	Rs.69.97

INFORMATION DETAILS

Analysis Done by :	RAS

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.