|
Report No. : |
344239 |
|
Report Date : |
07.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
STAPPERT DEUTSCHLAND GMBH |
|
|
|
|
Registered Office : |
Willstätterstr. 13, D 40549 Düsseldorf,
Post Box: 11 11 31, D 40511 Düsseldorf |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
11.10.1922 |
|
|
|
|
Com. Reg. No.: |
HRB 20 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Wholesale of Iron Ores, Iron,
Steel and Iron and Steel
Semi-Finished Goods. |
|
|
|
|
No. of Employees : |
353 |
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 : |
Satisfactory |
|
|
|
|
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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, 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 5.2% in 2014. The new German government introduced
a minimum wage of about $11.60 (8.50 euros) 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%. The budget was essentially in
balance in 2014. 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. The German economy suffers
from low levels of investment, and a government plan to invest 15 billion euros
2016-18, largely in infrastructure, is intended to spur needed private
investment. 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 plans to replace nuclear power with renewable energy, which
accounted for 27.8% of gross electricity consumption in 2014, up from 9% in
2000. 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. Extremely low inflation, caused largely by low global
energy prices and a weak euro, are expected to boost German GDP growth in 2015.
|
Source
: CIA |
Stappert
Deutschland GmbH
Company Status: active
Willstätterstr. 13
D 40549 Düsseldorf
Post Box:
11 11 31, D 40511
Düsseldorf
Telephone:0211/5279-0
Telefax: 0211/5279-177
Homepage:
www.stappert.biz/deutschland
E-mail: deutschland@stappert.biz
VAT
no.: DE119268333
Business
relations are permissible.
LEGAL FORM Private
limited company
Registered on: 11.10.1922
Commercial Register: Local court 40227 Düsseldorf
under: HRB
20
EUR 8,871,000.00
Shareholder:
Jacquet Metal Service SA
F - Saint-Priest
Legal form: Other legal
form
Share: EUR 8,871,000.00
Manager:
Wolfgang Hartmann
D 40667 Meerbusch
having sole power of
representation
born: 12.10.1954
Manager:
Eric Michel Jacquet
F Saint Cyr au Mont dOr
having sole power of
representation
born: 09.01.1959
Nationality: French
Manager:
Bernhard Foterek
D 58452 Witten
born: 06.09.1954
Profession: Businessman
Manager:
Peter Kolz
D 40880 Ratingen
authorized to jointly
represent the company
born: 24.04.1963
Profession:
Businessman
Manager:
Marc Steffen
D 46514 Schermbeck
authorized to jointly
represent the company
born: 15.03.1971
Profession: Clerk
Manager:
Thierry Robert Arthur
Philippe
F Lyon
born: 02.07.1975
Nationality: French
Proxy:
Roland Flach
D 40789 Monheim
authorized to jointly
represent the company
born: 15.11.1960
Proxy:
Dipl.-Betriebswirt
Louis-Patrice Ntivyihabwa
Neckarstr. 17
D 40219 Düsseldorf
Proxy:
Marc Brucherseifer
D 04029 Leipzig
authorized to jointly
represent the company
born: 23.02.1976
Proxy:
Colin Hesse
D 30159 Hannover
authorized to jointly
represent the company
born: 19.10.1973
Proxy:
Dirk Fälber
D 36280 Oberaula
authorized to jointly
represent the company
born: 02.06.1968
Proxy:
Reinhold Berger
D 59368 Werne
authorized to jointly
represent the company
born: 11.04.1964
Proxy:
Roman Meier
D 68159 Mannheim
authorized to jointly
represent the company
born: 18.06.1970
Proxy:
Bettina Baer
D 20095 Hamburg
authorized to jointly
represent the company
born: 12.12.1963
Further functions/participations of Eric
Michel Jacquet (Manager)
Manager:
JACQUET Deutschland GmbH
Bahnstr. 38
D 44793 Bochum
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 12.11.2013
Reg. data: 44787 Bochum, HRB 14692
Manager:
IMS group Holding
Deutschland GmbH
Willstätterstr. 13
D 40549 Düsseldorf
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 12.07.2013
Reg. data: 40227 Düsseldorf, HRB 70611
Further functions/participations of Peter Kolz
(Manager)
Manager:
IMS Darwin Holding GmbH
Willstätterstr. 13
D 40549 Düsseldorf
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 15.12.2014
Reg. data: 40227 Düsseldorf, HRB 73901
Manager:
FINKENHOLL-STAHL-SERVICE-CENTER GmbH
Bahnstr. 38
D 44793 Bochum
Legal form: Private
limited company
Share capital: EUR 1,320,000.00
Registered
on: 28.04.1959
Reg. data: 44787 Bochum, HRB 146
Manager:
IMS group Holding
Deutschland GmbH
Willstätterstr. 13
D 40549 Düsseldorf
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 12.07.2013
Reg. data: 40227 Düsseldorf, HRB 70611
Manager:
Betonstahl Bochum GmbH
Bahnstr. 38
D 44793 Bochum
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 14.02.2014
Reg. data: 44787 Bochum, HRB 14833
Manager:
Quarto Deutschland GmbH
Willstätterstr. 13
D 40549 Düsseldorf
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 06.02.2014
Reg. data: 40227 Düsseldorf, HRB 71962
Further
functions/participations of Thierry Robert Arthur
Philippe (Manager)
Manager:
Hoselmann Stahl GmbH
Handel und Anarbeitung
Ludwig-Barnay-Str. 8
D 30175 Hannover
Post Box:
29 09, D 30029 Hannover
Legal form: Private
limited company
Share capital: EUR 1,169,000.00
Registered
on: 10.05.2001
Reg. data: 30175 Hannover, HRB 59464
Manager:
JACQUET Deutschland GmbH
Bahnstr. 38
D 44793 Bochum
Legal form: Private
limited company
Share
capital: EUR 26,000.00
Registered
on: 12.11.2013
Reg. data: 44787 Bochum, HRB 14692
Manager:
IMS Darwin Holding GmbH
Willstätterstr. 13
D 40549 Düsseldorf
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on:
15.12.2014
Reg. data: 40227 Düsseldorf, HRB 73901
Manager:
Betonstahl Bochum GmbH
Bahnstr. 38
D 44793 Bochum
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 14.02.2014
Reg. data: 44787 Bochum, HRB 14833
Manager:
Quarto Deutschland GmbH
Willstätterstr. 13
D 40549 Düsseldorf
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 06.02.2014
Reg. data: 40227 Düsseldorf, HRB 71962
Manager:
Abraservice Deutschland
GmbH
Ronsdorfer Str. 24
D 40233 Düsseldorf
Legal form: Private limited
company
Share capital: EUR 1,025,000.00
Registered
on: 03.09.2010
Reg. data: 40227 Düsseldorf, HRB 64058
Manager:
IMS group Holding
Deutschland GmbH
Willstätterstr. 13
D 40549 Düsseldorf
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 12.07.2013
Reg. data: 40227 Düsseldorf, HRB 70611
11.10.1922 - 01.10.2012 Stappert Spezial-Stahl Handel GmbH
Willstätterstr. 13
D 40549 Düsseldorf
Private limited
company
Main industrial sector
46721
Wholesale of iron ores, iron, steel and iron and steel semi-finished
goods
46722
Wholesale of non-ferrous ores, metals and metal semi-finished goods
Branch:
Stappert Deutschland GmbH
Edisonstr. 19
D 59199 Bönen
TEL.: 02383/9570
FAX.: 02383/957010
Reg. entry: 21.12.2004
Branch:
Stappert Deutschland GmbH
Landsberger Allee 366
D 12681 Berlin
TEL.: 030/428403-0
Branch:
Stappert Deutschland GmbH
Josef-Beyerle-Str. 13
D 71263 Weil der Stadt
TEL.: 07033/5282-0
FAX.: 07033/4713
Reg. entry: 18.06.1993
Branch:
Stappert Deutschland GmbH
Paul-Gerhardt-Allee 48
D 81245 München
TEL.: 089/82917-0
FAX.: 089/82917-200
Branch:
Stappert Deutschland GmbH
Hugo-Aurig-Str. 7d
D 04319 Leipzig
TEL.: 0341/65972-0
Branch:
Stappert Deutschland GmbH
Industriestr. 9
D 36272 Niederaula
TEL.: 06625-100-0
Reg. entry: 22.09.1994
Branch:
Stappert Deutschland GmbH
Am Plärrer 27
D 90443 Nürnberg
TEL.: 0911/393626-0
Branch:
Stappert Deutschland GmbH
An der Strusbek 54
D 22926 Ahrensburg
TEL.: 04102/474110
FAX.: 04102/474122
Reg. entry: 11.10.1922
Branch:
Stappert Deutschland GmbH
Mitscherlichstr. 9
D 79108 Freiburg
TEL.: 0761/55965-0
Branch:
Stappert Deutschland GmbH
Karl-Wiechert-Allee 76
D 30625 Hannover
TEL.: 0511/54097-0
Branch:
Stappert Deutschland GmbH
Donaustr. 64-66
D 68199 Mannheim
TEL.: 0621/84216-0
Branch:
Stappert Deutschland GmbH
Ronsdorfer Str. 24
D 40233 Düsseldorf
TEL.: 0211/99550-0
Branch:
Stappert Deutschland GmbH
Wilhelmstr. 22
D 89073 Ulm
TEL.: 0731/140129-0
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Balance sheet year: 2014
Type of ownership: Tenant
Address Willstätterstr. 13
D 40549 Düsseldorf
Land register documents were not available.
Principal bank
DEUTSCHE BANK, 40189 DÜSSELDORF
Sort. code: 30070010, Account no.: 3635000
BIC: DEUTDEDDXXX, IBAN: DE59300700100363500000
Further banks
BANKHAUS LAMPE, 40005 DÜSSELDORF
Sort. code: 48020151, Account no.: 1512196
BIC: LAMPDEDDXXX, IBAN: DE43480201510001512196
COMMERZBANK VORMALS DRESDNER BANK, 40002
DÜSSELDORF
Sort. code: 30080000
BIC: DRESDEFF300
UNICREDIT BANK - HYPOVEREINSBANK, 40212
DÜSSELDORF
Sort. code: 30220190, Account no.: 364055544
BIC: HYVEDEMM414, IBAN: DE30302201900364055544
Turnover: 2013 EUR 245,543,580.00
2014 EUR 243,265,679.00
Profit:
2013 EUR 3,653,994.00
2014 EUR 12,274,457.00
further business figures:
Equipment: EUR 1,600,143.00
Ac/ts receivable: EUR 22,440,912.00
Liabilities: EUR 39,050,551.00
Employees:
353
-
thereof permanent staff: 353
Balance
sheet ratios 01.01.2014 - 31.12.2014
Equity ratio [%]: 63.68
Liquidity ratio: 0.59
Return on total capital [%]: 8.79
Balance sheet ratios 01.01.2013 - 31.12.2013
Equity ratio [%]: 62.10
Liquidity ratio: 0.60
Return on total capital [%]: 2.68
Balance sheet ratios 01.01.2012 - 31.12.2012
Equity ratio [%]: 64.07
Liquidity ratio: 0.71
Return on total capital [%]: 5.34
Balance
sheet ratios 01.01.2011 - 31.12.2011
Equity ratio [%]: 64.12
Liquidity ratio: 0.85
Return on total capital [%]: 7.51
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
Origin of the present
balance sheet: electronic German Federal Gazette
Financial year: 01.01.2014 - 31.12.2014
ASSETS EUR 139,692,046.57
Fixed assets
EUR 58,140,359.05
Intangible assets
EUR 26,510.00
Concessions, licences, rights
EUR 26,508.00
Goodwill
EUR 2.00
Tangible assets
EUR 5,394,830.04
Land / similar rights
EUR 3,794,687.04
Other tangible assets / fixtures and
fittings
EUR 1,600,143.00
Financial assets
EUR 52,719,019.01
Shares in participations /
subsidiaries and the like
EUR 52,719,019.01
Shares in related companies
EUR 52,719,019.01
Current assets
EUR 81,539,800.99
Stocks
EUR 58,498,917.92
Raw materials, consumables and
supplies EUR 450,043.04
Finished goods / work in progress
EUR 58,048,874.88
Accounts receivable
EUR 22,440,911.58
Trade debtors
EUR 7,713,412.46
Amounts due from related companies
EUR 12,012,816.79
Other debtors and assets
EUR 2,714,682.33
Liquid means
EUR 599,971.49
Remaining other assets
EUR 11,886.53
Accruals (assets)
EUR 11,886.53
LIABILITIES EUR 139,692,046.57
Shareholders' equity
EUR 88,252,001.45
Capital
EUR 8,871,000.00
Subscribed capital (share capital)
EUR 8,871,000.00
Balance sheet profit/loss (+/-)
EUR 79,381,001.45
Profit / loss brought forward
EUR 67,106,544.14
Annual surplus / annual deficit
EUR 12,274,457.31
Provisions
EUR 12,389,493.89
Pension provisions and comparable
provisions
EUR 5,891,739.79
Provisions for taxes
EUR 1,893,250.90
Other / unspecified provisions
EUR 4,604,503.20
Liabilities
EUR 39,050,551.23
Financial debts
EUR 14,185,403.98
Liabilities due to banks
EUR 14,185,403.98
Other liabilities
EUR 24,865,147.25
Trade creditors (for IAS incl. bills
of exchange)
EUR 22,467,191.82
Liabilities from received advance
payments EUR 22,735.33
Liabililties due to related companiesEUR 714,549.42
Unspecified other liabilities
EUR 1,660,670.68
thereof liabilities from tax /
financial authorities
EUR 1,393,210.05
thereof liabilities from social
security
EUR 2,058.08
Guarantees and other commitments
EUR 3,804,000.00
Other guarantees and other commitmentsEUR 3,804,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 243,265,679.12
Other operating income
EUR 2,985,668.42
Cost of materials
EUR 188,927,134.22
Raw materials and supplies, purchased
goods
EUR 188,927,134.22
Gross result (+/-)
EUR 57,324,213.32
Staff expenses
EUR 19,498,513.01
Wages and salaries
EUR 16,377,503.64
Social security contributions and
expenses for pension plans and
benefits
EUR 3,121,009.37
Total depreciation EUR 506,530.36
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 506,530.36
Other operating expenses
EUR 21,567,578.37
Operating result from continuing
operations
EUR 15,751,591.58
Result from participating interests
(+/-)
EUR 2,327,407.36
Expenses / income from participations EUR 2,327,407.36
Income from related companies
EUR 2,327,407.36
Interest result (+/-)
EUR -703,361.40
Interest and similar income
EUR 450,973.65
thereof from related companies
EUR 345,754.41
Interest and similar expenses
EUR 1,154,335.05
thereof paid to related companies
EUR 17.42
Financial result (+/-)
EUR 1,624,045.96
Result from ordinary operations (+/-)
EUR 17,375,637.54
Income tax / refund of income tax (+/-)EUR -5,043,341.70
Other taxes / refund of taxes
EUR -57,838.53
Tax
(+/-)
EUR -5,101,180.23
Annual
surplus / annual deficit EUR 12,274,457.31
Type
of balance
sheet: Company balance sheet
Origin of the present
balance sheet: electronic German Federal Gazette
Financial year: 01.01.2013 - 31.12.2013
ASSETS EUR 136,132,034.92
Fixed assets
EUR 54,776,480.71
Intangible assets
EUR 57,515.00
Concessions, licences, rights
EUR 57,513.00
Goodwill
EUR 2.00
Tangible assets
EUR 5,403,395.04
Land / similar rights
EUR 3,940,470.04
Other tangible assets / fixtures and
fittings EUR 1,462,925.00
Financial assets
EUR 49,315,570.67
Shares in participations /
subsidiaries and the like
EUR 49,315,570.67
Shares in related companies
EUR 49,315,570.67
Current assets
EUR 81,311,179.43
Stocks
EUR 55,773,549.57
Raw materials, consumables and
supplies
EUR 332,547.81
Finished goods / work in progress
EUR 55,441,001.76
Accounts receivable
EUR 25,053,043.26
Trade debtors
EUR 7,255,272.81
Amounts
due from related companies EUR 15,539,191.45
Other debtors and assets
EUR 2,258,579.00
Liquid means
EUR 484,586.60
Remaining other assets
EUR 44,374.78
Accruals (assets)
EUR 44,374.78
LIABILITIES EUR 136,132,034.92
Shareholders' equity
EUR 81,677,544.14
Capital
EUR 8,871,000.00
Subscribed capital (share capital)
EUR 8,871,000.00
Balance sheet profit/loss (+/-)
EUR 72,806,544.14
Profit / loss brought forward
EUR 69,152,550.27
Annual surplus / annual deficit
EUR 3,653,993.87
Provisions
EUR 9,019,574.34
Pension provisions and comparable
provisions
EUR 5,835,543.48
Other / unspecified provisions
EUR 3,184,030.86
Liabilities
EUR 45,434,916.44
Financial debts
EUR 14,415,974.73
Liabilities due to banks
EUR 14,415,974.73
Other liabilities
EUR 31,018,941.71
Trade creditors (for IAS incl. bills
of exchange)
EUR 26,971,122.06
Liabilities from received advance
payments
EUR 89,531.74
Liabililties due to related companiesEUR 2,866,497.89
Unspecified other liabilities
EUR 1,091,790.02
thereof liabilities from tax /
financial authorities
EUR 694,990.33
thereof
liabilities from social
security
EUR 4,601.00
Guarantees and other commitments
EUR 4,831,000.00
Letters of support
EUR 2,993,000.00
Other guarantees and other commitmentsEUR 1,838,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 245,543,580.24
Other operating income
EUR 2,584,709.62
Cost of materials
EUR 199,248,636.42
Raw materials and supplies, purchased
goods
EUR 199,248,636.42
Gross result (+/-)
EUR 48,879,653.44
Staff expenses
EUR 18,013,365.46
Wages and salaries
EUR 14,853,276.23
Social security contributions and
expenses for pension plans and
benefits
EUR 3,160,089.23
Total depreciation
EUR 496,749.43
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 496,749.43
Other operating expenses
EUR 22,553,090.44
Operating result from continuing
operations
EUR 7,816,448.11
Result from participating interests
(+/-)
EUR 2,506,579.62
Expenses
/ income from participations EUR
2,506,579.62
Income from related companies
EUR 2,506,579.62
Interest result (+/-)
EUR -655,963.13
Interest and similar income
EUR 441,370.62
thereof from related companies
EUR 355,197.02
Interest and similar expenses
EUR 1,097,333.75
thereof paid to related companies
EUR 69.05
Other financial result
EUR -3,383,999.00
Depreciation on financial assets and
marketable securities
EUR 3,383,999.00
Financial result (+/-)
EUR -1,533,382.51
Result from ordinary operations (+/-)
EUR 6,283,065.60
Income tax / refund of income tax (+/-)EUR -2,586,959.88
Other taxes / refund of taxes
EUR -42,111.85
Tax
(+/-)
EUR -2,629,071.73
Annual surplus / annual deficit
EUR 3,653,993.87
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.39 |
|
|
1 |
Rs.99.05 |
|
Euro |
1 |
Rs.73.19 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
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 |
-- |
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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.