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Report No. : |
345283 |
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Report Date : |
12.10.2015 |
IDENTIFICATION DETAILS
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Name : |
ROHIT ENTERPRISES |
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Registered Office : |
Unit 7 Hayes Metro Centre, Springfield Road |
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Country : |
United
Kingdom |
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Date of Incorporation : |
01.01.2009 |
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Legal Form : |
Proprietor |
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Line of Business : |
Wholesale of Textiles. |
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No. of Employees : |
01 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 Name |
ROHIT ENTERPRISES |
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Trading Address |
UNIT 7 HAYES METRO CENTRE, SPRINGFIELD ROAD |
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Post Code |
UB4 0LE |
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Senior Executive |
MR BALDEV BHIMBAT |
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Position |
PROPRIETOR |
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Date At Address |
01/01/2009 |
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Telephone Number |
020 8848 3843 - View Details |
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TPS |
Y |
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Premises Type |
Warehouses & Wholesalers |
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Number of Employees |
1 |
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Business Classification |
TEXTILE MERCHANTS |
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SIC03 |
51410 |
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SIC03 Description |
Wholesale of textiles |
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Fax Number |
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FPS |
N |
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Website Address |
- |
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Exact CCJ's |
0 |
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Possible CCJ's |
0 |
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Exact Name & Address |
0 |
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Exact Address |
0 |
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Exact Name |
0 |
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This company has been treated as a Non Limited company. |
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This company trades in an industry with a moderate level of corporate
failures. |
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This company is based in a geographical area with a moderate level of
corporate failures. |
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This company operates from a type of property which has been
associated with a higher risk of corporate failure. |
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No CCJ`s Found |
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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.”
|
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
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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
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Company Address |
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Company Name |
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House Name / Number |
Telephone Number |
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Street |
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Locality |
if you would like to search by an alternative company address or
telephone number, please do so |
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City / Town |
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Post Code |
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Total number &
value of CCJ’s in this SIC03
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SIC03 |
CCJ`s |
Value |
|
5141 |
209 |
Ł1,407,427 |
Total number of Negative
Events in this SIC03
|
SIC03 |
Bankruptcy |
Administration |
Liquidation |
Wound Up |
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5141 |
0 |
17 |
92 |
0 |
Report Notes
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There are no notes to display. |
Event History
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No Event History found |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.78 |
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|
1 |
Rs.99.54 |
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Euro |
1 |
Rs.73.08 |
INFORMATION DETAILS
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Analysis Done by
: |
KAS |
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|
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.