MIRA INFORM REPORT

Report No. :	332735
Report Date :	20.07.2015

IDENTIFICATION DETAILS

Name :	ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED

Registered Office :	The Freight Shop 32 Holly Lane Marston Green Birmingham B37 7AE

Country :	United Kingdom

Financials (as on) :	31.07.2014

Date of Incorporation :	16.07.2001

Com. Reg. No.:	04252685

Legal Form :	Private limited with Share Capital

Line of Business :	Cargo handling for water transport activities

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 :	Sloe 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

ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED

Company No

04252685

Registered Address

THE FREIGHT SHOP 32 HOLLY LANE

MARSTON GREEN

BIRMINGHAM

B37 7AE

Company Summary

Registered Address	THE FREIGHT SHOP 32 HOLLY	Trading Address	The Freight Shop
	LANE		32 Holly Lane
	MARSTON GREEN		Marston Green
	BIRMINGHAM		Birmingham, West Midlands
Website Address	B37 7AE		B37 7AE
Website Address	http://www.thefreightpeople.com
Telephone Number	01216854445	Fax Number
TPS	No	FPS	No
Incorporation Date	16/07/2001
Previous Name		Type	Private limited with Share Capital
		FTSE Index	-
Date of Change	-	Filing Date of Accounts	29/04/2015
Currency	GBP	Share Capital	£3
SIC07	52241	Charity Number	-
SIC07 Description	CARGO HANDLING FOR WATER TRANSPORT ACTIVITIES
Principal Activity	Cargo handling.

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
31/07/2014	-	-	£122,371	-
31/07/2013	-	-	£124,012	-
31/07/2012	-	-	£98,582	-

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.

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.

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	John Joseph Allen	Date of Birth	18/03/1950
Officers Title	Mr	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	16/07/2001
Address	42 Augustus Close, Coleshill, Birmingham, West Midlands, B46 1HJ
Name	Jennifer Allen	Date of Birth	04/02/1961
Officers Title	Ms	Nationality	British
Present Appointments	2	Function	Director
Appointment Date	16/07/2001
Address	130 Elmdon Lane, Marston Green, Birmingham, B37 7EG
Name	Peter Anthony Murphy	Date of Birth	11/09/1963
Officers Title	Mr	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	16/07/2001
Address	130 Elmdon Lane, Marston Green, Birmingham, B37 7EG

Current Company Secretary

Name	Jennifer Allen	Date of Birth	04/02/1961
Officers Title	Ms	Nationality	British
Present Appointments	2	Function	Company Secretary
Appointment Date	16/07/2001
Address	130 Elmdon Lane, Marston Green, Birmingham, B37 7EG

Top 20 Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
JOHN JOSEPH ALLEN	GBP	1	ORDINARY	1	33.33
JENNIFER ALLEN	GBP	1	ORDINARY	1	33.33
PETER ANTHONY MURPHY	GBP	1	ORDINARY	1	33.33

Profit & Loss

	Date Of Accounts	31/07/14	(%)	31/07/13	(%)	31/07/12	(%)	30/09/11	(%)	31/07/10
	Weeks	52	(%)	52	(%)	44	(%)	61	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Turnover	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Depreciation	£883	11.5%	£792	-11.8%	£898	-37.9%	£1,445	16.5%	£1,240
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Profit After Tax	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Retained Profit	-	-	-	-	-	-	-	-	-

Balance Sheet

	Date Of Accounts	31/07/14	(%)	31/07/13	(%)	31/07/12	(%)	30/09/11	(%)	31/07/10
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Tangible Assets	£3,433	42.5%	£2,409	-24.7%	£3,201	-24.9%	£4,265	2.7%	£4,151
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Total Fixed Assets	£3,433	42.5%	£2,409	-24.7%	£3,201	-24.9%	£4,265	2.7%	£4,151
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Stock	0	-	0	-	0	-	0	-	0
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Trade Debtors	£191,277	-2.3%	£195,832	2.7%	£190,622	18.9%	£160,335	-19.3%	£198,665
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Cash	£167,736	-5.7%	£177,859	-4.1%	£185,460	21.7%	£152,426	29.9%	£117,381
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Other Debtors	0	-	0	-	0	-	0	-	0
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Total Current Assets	£359,013	-3.9%	£373,691	-0.6%	£376,082	20.2%	£312,761	-1%	£316,046
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Trade Creditors	£240,075	-4.8%	£252,088	-10.2%	£280,701	34.5%	£208,718	-17%	£251,552
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-	0
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Total Current Liabilities	£240,075	-4.8%	£252,088	-10.2%	£280,701	34.5%	£208,718	-17%	£251,552
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	0	-	0	-	0	-	0	-	0
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Total Long Term Liabilities	0	-	0	-	0	-	0	-	0

Capital & Reserves

	Date Of Accounts	31/07/14	(%)	31/07/13	(%)	31/07/12	(%)	30/09/11	(%)	31/07/10
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Called Up Share Capital	£3	-	£3	-	£3	-	£3	-	£3
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	P & L Account Reserve	£122,368	-1.3%	£124,009	25.8%	£98,579	-9%	£108,305	57.8%	£68,642
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Shareholder Funds	£122,371	-1.3%	£124,012	25.8%	£98,582	-9%	£108,308	57.8%	£68,645

Other Financial Items

	Date Of Accounts	31/07/14	(%)	31/07/13	(%)	31/07/12	(%)	30/09/11	(%)	31/07/10
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Net Worth	£122,371	-1.3%	£124,012	25.8%	£98,582	-9%	£108,308	57.8%	£68,645
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Working Capital	£118,938	-2.2%	£121,603	27.5%	£95,381	-8.3%	£104,043	61.3%	£64,494
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Total Assets	£362,446	-3.6%	£376,100	-0.8%	£379,283	19.6%	£317,026	-1%	£320,197
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Total Liabilities	£240,075	-4.8%	£252,088	-10.2%	£280,701	34.5%	£208,718	-17%	£251,552
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Net Assets	£122,371	-1.3%	£124,012	25.8%	£98,582	-9%	£108,308	57.8%	£68,645

Cash Flow

	Date Of Accounts	31/07/14	(%)	31/07/13	(%)	31/07/12	(%)	30/09/11	(%)	31/07/10
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

	Date Of Accounts	31/07/14	(%)	31/07/13	(%)	31/07/12	(%)	30/09/11	(%)	31/07/10
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Capital Employed	£122,371	-1.3%	£124,012	25.8%	£98,582	-9%	£108,308	57.8%	£68,645
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Number of Employees	-	-	-	-	-	-	-	-	-
	Accountants	E R GROVE & CO LIMITED
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/07/14	31/07/13	31/07/12	30/09/11	31/07/10
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Pre-tax profit margin %	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Current ratio	1.50	1.48	1.34	1.50	1.26
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Sales/Net Working Capital	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Gearing %	0	0	0	0	0
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Equity in %	33.80	33	26	34.20	21.40
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Creditor Days	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Debtor Days	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Liquidity/Acid Test	1.49	1.48	1.33	1.49	1.25
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Return On Capital Employed %	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Current Debt Ratio	1.96	2.03	2.84	1.92	3.66
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Total Debt Ratio	1.96	2.03	2.84	1.92	3.66
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\vivek\Foreign Report Raw2\ALLENCO WORLDWIDE (FREIGHT MANAGEMENT) LIMITED_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	-	-	-

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
10/06/2015	Annual Returns
03/05/2015	New Accounts Filed
14/10/2014	Change in Reg.Office
14/10/2014	Change of Company Postcode
13/06/2014	Annual Returns
03/05/2014	New Accounts Filed
10/06/2013	Annual Returns
03/06/2013	New Accounts Filed
09/08/2012	New Accounts Filed
23/06/2012	Annual Returns
06/08/2011	Annual Returns
12/05/2011	New Accounts Filed
06/08/2010	Annual Returns
10/05/2010	New Accounts Filed
10/08/2009	Annual Returns

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	Ł130.31
Invoices available	42
Paid	42
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	5	14	13	7	3
Outstanding	0	0	0	0	0

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.49
UK Pound	1	Rs.99.43
Euro	1	Rs.69.14

INFORMATION DETAILS

Analysis Done by :	DIV

Report Prepared by :	VNT

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.