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Report No. : |
338631 |
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Report Date : |
08.09.2015 |
IDENTIFICATION DETAILS
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Name : |
REACH & COLOURS S.R.O. |
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Registered Office : |
Čelakovského Sady 1580/4 110 00 Praha 1, Nové Město |
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Country : |
Czech Republic |
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Date of Incorporation : |
03.03.2015 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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- |
NB |
New Business |
- |
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Status : |
New Business |
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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) |
|
Czech Republic |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
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 |
CZECH REPUBLIC - ECONOMIC OVERVIEW
The Czech Republic is a stable and prosperous market economy closely integrated with the EU, especially since the country's EU accession in 2004. The auto industry is the largest single industry, and, together with its upstream suppliers, accounts for nearly 24% of Czech manufacturing. The Czech Republic produced more than a million cars for the first time in 2010, over 80% of which were exported. While the conservative, inward-looking Czech financial system has remained relatively healthy, the small, open, export-driven Czech economy remains sensitive to changes in the economic performance of its main export markets, especially Germany. When Western Europe and Germany fell into recession in late 2008, demand for Czech goods plunged, leading to double digit drops in industrial production and exports. As a result, real GDP fell sharply in 2009. The economy slowly recovered in the second half of 2009 and registered weak growth in the next two years. In 2012 and 2013, however, the economy fell into a recession again, due both to a slump in external demand in the EU and to the government’s austerity measures, returning to weak growth in 2014. Foreign and domestic businesses alike voice concerns about corruption, especially in public procurement. Other long term challenges include dealing with a rapidly aging population, funding an unsustainable pension and health care system, and diversifying away from manufacturing and toward a more high-tech, services-based, knowledge economy.
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Source : CIA |
REACH &
COLOURS S.R.O.
Čelakovského Sady 1580/4
110 00 Praha 1, Nové Město
Telephone: 0036/ 135 425 90
Telefax: 0036/ 135 425 98
E-Mail: andrea.zsoldas@omega-kft.hu
Legal form
Private limited company
Founded
03/03/2015 as Private limited company
Registration
03/03/2015, , C 238920
Statistical Nr.: 03854434
Tax Nr.: CZ03854434
Registered names
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Valid from |
Trade name(s) |
Valid until |
|
03/03/2015 |
Reach & Colours s.r.o. |
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Owners and Capital
|
Crefo
Nr. |
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Name /
Address / Status |
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From |
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Share |
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Shareholders |
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9216129453 |
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REACH & COLOURS HOLDING LIMITED Birchin Court, 20 Birchin Lane, EC3V9DJ london Great Britain |
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Registered capital
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Date |
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Currency |
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Value |
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03/03/2015 |
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CZK |
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280,000 |
Management
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Crefo
Nr. |
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Name /
Address / Status |
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Since |
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Power
of attorney |
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Management |
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9216129453 |
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Executive Manager Attila Rajmon(birth date 24/09/1967) 1172 Budapesˇˇt, Juranics utca 17 Hungary |
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Company addresses
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Valid from |
Address |
|
Valid until |
|
03/03/2015 |
ˇ |
Czech Republic |
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Celakovskeho´ sady 1580/4, 110 00 Praha 1, Nove´ Mesto,ˇ |
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Main activity |
Nace |
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Non-specialised wholesale trade |
46.90 |
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Additional
activities |
Nace |
Information from register:
Non- specific wholesale, mediation of wholesale
The company is not registered in the Central register of executions.
Data unavailable.
Due to recent foundation of the firm
Remarks
All the sources of negative data accessible
to public are currently monitored.
The company’s headquarters is probably registered at so-called virtual address.
Banks
|
Code |
|
Bank name / Address |
Account Nr. |
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6800 |
Sberbank CZ, a.s. |
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4200543235/6800 |
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6800 |
Sberbank CZ, a.s. |
|
4200543235/6800 |
Payment experience
and credit opinion
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Terms
of payment |
|
payment
experiences are not yet available |
|
(1) |
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Business
connection |
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The
development remains to be seen |
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(1) |
Business development
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Company
development |
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Business
development remains to be seen |
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(1) |
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Order situation |
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order
situation can not be evaluated |
(0) |
Events
No negative events registered
There are no balance sheets registered.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.74 |
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UK Pound |
1 |
Rs.101.36 |
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Euro |
1 |
Rs.74.27 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
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Report Prepared
by : |
VNT |
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.