MIRA INFORM REPORT

 

 

Report No. :

345283

Report Date :

12.10.2015

 

IDENTIFICATION DETAILS

 

Name :

ROHIT ENTERPRISES

 

 

Registered Office :

Unit 7 Hayes Metro Centre, Springfield Road

Hayes 
Middlesex, UB4 0LE

 

 

Country :

United Kingdom

 

 

Date of Incorporation :

01.01.2009

 

 

Legal Form :

Proprietor

 

 

Line of Business :

Wholesale of Textiles.

 

 

No. of Employees :

01

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

Unknown

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

A1

A1

 

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 has been a net importer of energy since 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 6.0% in 2014.

 

In 2012, weak consumer spending and subdued business investment weighed on the economy, however, in 2013 GDP grew 1.7% and in 2014, 2.6%, accelerating unexpectedly because of greater consumer spending and a recovering housing market.

 

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).

 

Source : CIA


Company summary

 


Company Name

ROHIT ENTERPRISES

Trading Address

UNIT 7 HAYES METRO CENTRE, SPRINGFIELD ROAD

HAYES 
MIDDLESEX

Post Code

UB4 0LE

Senior Executive

MR BALDEV BHIMBAT

Position

PROPRIETOR

Date At Address

01/01/2009

Telephone Number

020 8848 3843 - View Details

TPS

Y

 

Premises Type

Warehouses & Wholesalers

Number of Employees

1

Business Classification

TEXTILE MERCHANTS

SIC03

51410

SIC03 Description

Wholesale of textiles

Fax Number

FPS

N

Website Address

-

 

 

CCJs

 

Exact CCJ's

0

 

Possible CCJ's

0

 

 

 

Bankruptcies

 

Exact Name & Address

0

Exact Address

0

Exact Name

0

 

 

Commentary

 

This company has been treated as a Non Limited company.

This company trades in an industry with a moderate level of corporate failures.

This company is based in a geographical area with a moderate level of corporate failures.

This company operates from a type of property which has been associated with a higher risk of corporate failure.

 

 

Exact CCJ Details

 

No CCJ`s Found

 

 

Possible Address CCJ Details

 

No CCJ`s Found

 

“Possible Address CCJ matches show CCJs that may be matched to a company based on various criteria such as similar trading names or addresses. This data is provided for your information only as an aid to decision-making and does not affect a company’s rating.”

 

 

Possible Name CCJ Details

 

No CCJ`s Found

 

“Possible Name CCJ matches show CCJs that may be matched to a company based on various criteria such as similar trading names or addresses. This data is provided for your information only as an aid to decision-making and does not affect a company’s rating.”

 

Other Limited Companies which match this Company Name & Address - 0 Results found

 

Other Non Limited Companies which match this Company Name & Address - 1 Result found

Company Name

Address

Postcode

ROHIT ENTERPRISES

UNIT 7 HAYES METRO CENTRE HAYES MIDDLESEX UB4 0L

UB4 0LE

 

Other Companies which match this Company Address - 0 Results found

Other Limited Companies which match this Company Name - 0 Results found

Other Non Limited Companies which match this Company Name - 1 Result found

 

Company Name

Address

Postcode

ROHIT ENTERPRISES

UNIT 7 HAYES METRO CENTRE HAYES MIDDLESEX UB4 0L

UB4 0LE

 

 

Directors last filed addresses which have been matched to this company’s postcode - 0 Results found

Other Companies that match this Telephone Number - 0 Results found

 

Company Address

Company Name
 

House Name / Number

Telephone Number

Street

Locality

if you would like to search by an alternative company address or telephone number, please do so

City / Town

Post Code

 

Total number & value of CCJ’s in this SIC03

 

SIC03

CCJ`s

Value

5141

209

Ł1,407,427

 

Total number of Negative Events in this SIC03

 

SIC03

Bankruptcy

Administration

Liquidation

Wound Up

5141

0

17

92

0

 

Report Notes

 

There are no notes to display.

 

Event History

 

No Event History found


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.64.78

UK Pound

1

Rs.99.54

Euro

1

Rs.73.08

 

 

INFORMATION DETAILS

 

Analysis Done by :

KAS

 

 

Report Prepared by :

TPT

 

               

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.