MIRA INFORM REPORT

 

 

Report No. :

342764

Report Date :

24.09.2015

 

IDENTIFICATION DETAILS

 

Name :

DIONEX SOFTRON GMBH

 

 

Registered Office :

Dornierstr. 4 D 82110 Germering

 

 

Country :

Germany

 

 

Date of Incorporation :

18.08.1983

 

 

Com. Reg. No.:

HRB 71765

 

 

Legal Form :

Private limited company

 

 

Line of Business :

  • Manufacture of computers and peripheral equipment
  • Retail sale of other goods in specialized stores
  • Computer facilities management activities

 

 

No. of Employee :

Not Available

 

 

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)

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

 

Company name and address

 

DIONEX SOFTRON GMBH

 

Company Status:      active

                     Dornierstr. 4

                     D 82110 Germering

                     Telephone:089/89468-0

                     Telefax:  089/89468-200

                     Homepage: www.dionex-softron.de

                     E-mail:   info@dionex-softron.de

 

VAT no.:             DE129462520

 

 

Summary

 

LEGAL FORM               Private limited company

Date of foundation:       18.08.1983

Shareholders'

agreement:                     18.08.1983

Registered on:              10.10.1983

Commercial Register:    Local court 80333 München

under:                                       HRB 71765

 

 

Share capital

 

 EUR            125,000.00

 

Shareholder:

                     Dionex Holding GmbH

                     Im Steingrund 4-6

                     D 63303 Dreieich

                     Legal form: Private limited company

                     Share capital:     EUR             25,564.59

                     Share:             EUR            125,000.00

                     Registered on: 12.03.2014

                     Reg. data: 63065 Offenbach, HRB 47559

                     Profit transfer agreement

Manager:

                     Thomas Frei

                     Karwendelstr. 42

                     D 82223 Eichenau

                     born: 24.03.1968

                     Marital status: single

Manager:

                     Petrus Thomas Adrianus van der Zande

                     NL 3661 SH Halsteren

                     having sole power of representation

                     born: 20.02.1966

                     Nationality: Dutch

                     Marital status: unknown

Manager:

                     Dr. Ralf Oliver Schlegel

                     D 28199 Bremen

                     having sole power of representation

                     born: 02.09.1966

Manager:

                     Rüdiger Obst

                     D 80331 München

                     authorized to jointly represent the company

                     born: 14.08.1968

Manager:

                     Fabrizio Moltoni

                     I  Comun Nuovo

                     born: 02.03.1959

                     Nationality: Italian

Proxy:

                     Anja Kuttenkeuler

                     Im Hart 20

                     D 82110 Germering

                     authorized to jointly represent the company

                     born: 07.03.1973

Proxy:

                     Klaus Rohm

                     D 82110 Germering

                     authorized to jointly represent the company

                     born: 03.06.1963

Proxy:

                     Tobias Godzik

                     D 82110 Germering

                     authorized to jointly represent the company

                     born: 11.12.1980

 

Further functions/participations of Petrus Thomas Adrianus van

der Zande (Manager)

Manager:

                     GENOMED molekularbiologische und

                     diagnostische Produkte GmbH

                     Poststr. 22

                     D 32584 Löhne

                     Legal form: Private limited company

                     Share capital:     EUR             51,129.19

                     Registered

                     on:         19.02.1992

                     Reg. data:  32545 Bad Oeynhausen, HRB 2115

Manager:

                     Thermo Electron (Karlsruhe) GmbH

                     Dieselstr. 4

                     D 76227 Karlsruhe

                     Legal form: Private limited company

                     Share capital:     EUR          2,096,296.71

                     Registered

                     on:         10.02.1975

                     Reg. data:  68159 Mannheim, HRB 101439

Manager:

                     Thermo Fisher Scientific

                     Vermögensverwaltungs GmbH

                     Frankfurter Str. 129b

                     D 64293 Darmstadt

                     Legal form: Private limited company

                     Share capital:     EUR             26,000.00

                     Registered

                     on:         26.05.2015

                     Reg. data:  64283 Darmstadt, HRB 94245

Manager:

                     Life Technologies GmbH

                     Frankfurter Str. 129b

                     D 64293 Darmstadt

                     Legal form: Private limited company

                     Share capital:     EUR         10,230,000.00

                     Registered

                     on:         31.05.2007

                     Reg. data:  64283 Darmstadt, HRB 85915

Manager:

                     BmT GmbH Laborprodukte

                     Meerbuscher Str. 64-78

                     D 40670 Meerbusch

                     Legal form: Private limited company

                     Share capital:     EUR             25,564.59

                     Registered

                     on:         11.06.2001

                     Reg. data:  41460 Neuss, HRB 10583

Manager:

                     Thermo Fisher Scientific Messtechnik GmbH

                     Frauenauracher Str. 96

                     D 91056 Erlangen

                     Legal form: Private limited company

                     Share capital:     EUR          1,033,432.00

                     Registered

                     on:         08.06.1995

                     Reg. data:  90762 Fürth, HRB 5893

Manager:

                     Thermo Fisher Germany B.V.-

                     Zweigniederlassung Braunschweig

                     Saarbrückener Str. 248

                     D 38116 Braunschweig

                     Legal form: Branch of a private limited

                                 company under foreign law

                     Share capital:     EUR             18,000.00

                     Registered

                     on:         01.09.2008

                     Reg. data:  38100 Braunschweig, HRB 201363

Manager:

                     Thermo Fisher Scientific (Bremen) GmbH

                     Hanna-Kunath-Str. 11

                     D 28199 Bremen

                     Legal form: Private limited company

                     Share capital:     EUR          9,250,000.00

                     Registered

                     on:         10.02.1981

                     Reg. data:  28195 Bremen, HRB 8628 HB

Manager:

                     NOVODIRECT GmbH Labor- und

                     Industrie-Meßgeräte

                     Hafenstr. 3

                     D 77694 Kehl

                     Legal form: Private limited company

                     Share capital:     EUR             80,000.00

                     Registered

                     on:         25.04.1985

                     Reg. data:  79098 Freiburg, HRB 370935

Manager:

                     Thermo Fisher Scientific IT Services GmbH

                     Dieselstr. 4

                     D 76227 Karlsruhe

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         04.05.2007

                     Reg. data:  68159 Mannheim, HRB 702241

Manager:

                     B.R.A.H.M.S GmbH

                     Neuendorfstr. 25

                     D 16761 Hennigsdorf

                     Legal form: Private limited company

                     Share capital:     EUR          5,550,740.00

                     Registered

                     on:         26.05.2010

                     Reg. data:  16816 Neuruppin, HRB 8872 NP

Manager:

                     B.R.A.H.M.S. Biotech GmbH

                     Neuendorfstr. 24b

                     D 16761 Hennigsdorf

                     Legal form: Private limited company

                     Share capital:     EUR            255,645.94

                     Registered

                     on:         27.08.1997

                     Reg. data:  16816 Neuruppin, HRB 4261 NP

Manager:

                     Oxoid Investments GmbH

                     Am Lippeglacis 4-8

                     D 46483 Wesel

                     Legal form: Private limited company

                     Share capital:     EUR            511,291.88

                     Registered

                     on:         22.12.1997

                     Reg. data:  47051 Duisburg, HRB 11223

Manager:

                     La-Pha-Pack GmbH

                     Am Parir 20

                     D 52379 Langerwehe

                     Legal form: Private limited company

                     Share capital:     EUR            250,000.00

                     Registered

                     on:         07.10.2002

                     Reg. data:  52349 Düren, HRB 3471

Manager:

                     Dionex Holding GmbH

                     Im Steingrund 4-6

                     D 63303 Dreieich

                     Legal form: Private limited company

                     Share capital:     EUR             25,564.59

                     Registered

                     on:         12.03.2014

                     Reg. data:  63065 Offenbach, HRB 47559

Manager:

                     MICROM International GmbH

                     Im Steingrund 4-6

                     D 63303 Dreieich

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         25.07.2014

                     Reg. data:  63065 Offenbach, HRB 47855

Manager:

                     Fisher Scientific Germany Beteiligungs GmbH

                     Im Heiligen Feld 17

                     D 58239 Schwerte

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         22.12.2010

                     Reg. data:  58097 Hagen, HRB 8659

Manager:

                     Phadia GmbH

                     Munzinger Str. 7

                     D 79111 Freiburg

                     Legal form: Private limited company

                     Share capital:     EUR          8,025,000.00

                     Registered

                     on:         25.11.2003

                     Reg. data:  79098 Freiburg, HRB 7293

Manager:

                     Fisher Germany Holdings GmbH

                     Saarbrückener Str. 248

                     D 38116 Braunschweig

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         31.08.2005

                     Reg. data:  38100 Braunschweig, HRB 10072

Manager:

                     Thermo Fisher Scientific GENEART GmbH

                     Im Gewerbepark B 35

                     D 93059 Regensburg

                     Legal form: Private limited company

                     Share capital:     EUR          4,487,800.00

                     Registered

                     on:         17.08.2015

                     Reg. data:  93049 Regensburg, HRB 14955

Manager:

                     Thermo Electron LED GmbH

                     Robert-Bosch-Str. 1

                     D 63505 Langenselbold

                     Post Box:

                     13 60, D 63503 Langenselbold

                     Legal form: Private limited company

                     Share capital:     EUR          2,600,000.00

                     Registered

                     on:         22.08.2005

                     Reg. data:  63450 Hanau, HRB 6147

Manager:

                     Fisher Clinical Services GmbH

                     Im Wörth 3

                     D 79576 Weil am Rhein

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         20.12.2004

                     Reg. data:  79098 Freiburg, HRB 7521

Manager:

                     Fisher Scientific GmbH

                     Im Heiligen Feld 17

                     D 58239 Schwerte

                     Legal form: Private limited company

                     Share capital:     EUR             51,129.19

                     Registered

                     on:         18.02.1998

                     Reg. data:  58097 Hagen, HRB 4784

Manager:

                     Oxoid Deutschland GmbH

                     Am Lippeglacis 4-8

                     D 46483 Wesel

                     Legal form: Private limited company

                     Share capital:     EUR            426,000.00

                     Registered

                     on:         29.07.2005

                     Reg. data:  47051 Duisburg, HRB 17871

Manager:

                     Microgenics GmbH

                     Spitalhofstr. 94

                     D 94032 Passau

                     Legal form: Private limited company

                     Share capital:     EUR          1,147,000.00

                     Registered

                     on:         11.12.1998

                     Reg. data:  94032 Passau, HRB 5772

Manager:

                     Thermo Fisher Scientific

                     Beteiligungsverwaltungs GmbH

                     Saarbrückener Str. 248

                     D 38116 Braunschweig

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         19.08.2009

                     Reg. data:  38100 Braunschweig, HRB 201953

Liquidator:

                     HENO GmbH

                     Mainauer Str. 1

                     D 12161 Berlin

                     Legal form: Private limited company in

                                 liquidation

                     Share capital:     EUR            511,291.88

                     Registered

                     on:         06.12.1995

                     Reg. data:  65189 Wiesbaden, HRB 9817

 

Further functions/participations of Dr. Ralf Oliver Schlegel

(Manager)

Manager:

                     GENOMED molekularbiologische und

                     diagnostische Produkte GmbH

                     Poststr. 22

                     D 32584 Löhne

                     Legal form: Private limited company

                     Share capital:     EUR             51,129.19

                     Registered

                     on:         19.02.1992

                     Reg. data:  32545 Bad Oeynhausen, HRB 2115

Manager:

                     Thermo Electron (Karlsruhe) GmbH

                     Dieselstr. 4

                     D 76227 Karlsruhe

                     Legal form: Private limited company

                     Share capital:     EUR          2,096,296.71

                     Registered

                     on:         10.02.1975

                     Reg. data:  68159 Mannheim, HRB 101439

Manager:

                     Life Technologies GmbH

                     Frankfurter Str. 129b

                     D 64293 Darmstadt

                     Legal form: Private limited company

                     Share capital:     EUR         10,230,000.00

                     Registered

                     on:         31.05.2007

                     Reg. data:  64283 Darmstadt, HRB 85915

Manager:

                     BmT GmbH Laborprodukte

                     Meerbuscher Str. 64-78

                     D 40670 Meerbusch

                     Legal form: Private limited company

                     Share capital:     EUR             25,564.59

                     Registered

                     on:         11.06.2001

                     Reg. data:  41460 Neuss, HRB 10583

Manager:

                     Thermo Fisher Scientific Messtechnik GmbH

                     Frauenauracher Str. 96

                     D 91056 Erlangen

                     Legal form: Private limited company

                     Share capital:     EUR          1,033,432.00

                     Registered

                     on:         08.06.1995

                     Reg. data:  90762 Fürth, HRB 5893

Manager:

                     Fisher Scientific GmbH

                     Im Heiligen Feld 17

                     D 58239 Schwerte

                     Legal form: Private limited company

                     Share capital:     EUR             51,129.19

                     Registered

                     on:         18.02.1998

                     Reg. data:  58097 Hagen, HRB 4784

Manager:

                     Thermo Fisher Scientific GmbH

                     Im Steingrund 4-6

                     D 63303 Dreieich

                     Legal form: Private limited company

                     Share capital:     EUR          1,102,000.00

                     Registered

                     on:         06.02.2007

                     Reg. data:  63065 Offenbach, HRB 42691

Manager:

                     Thermo Fisher (Kandel) GmbH

                     Hanna-Kunath-Str. 11

                     D 28199 Bremen

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         27.07.2015

                     Reg. data:  76829 Landau, HRB 31715

Manager:

                     Thermo Fisher Scientific

                     Vermögensverwaltungs GmbH

                     Frankfurter Str. 129b

                     D 64293 Darmstadt

                     Legal form: Private limited company

                     Share capital:     EUR             26,000.00

                     Registered

                     on:         26.05.2015

                     Reg. data:  64283 Darmstadt, HRB 94245

Manager:

                     B.R.A.H.M.S GmbH

                     Neuendorfstr. 25

                     D 16761 Hennigsdorf

                     Legal form: Private limited company

                     Share capital:     EUR          5,550,740.00

                     Registered

                     on:         26.05.2010

                     Reg. data:  16816 Neuruppin, HRB 8872 NP

Manager:

                     MICROM International GmbH

                     Im Steingrund 4-6

                     D 63303 Dreieich

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         25.07.2014

                     Reg. data:  63065 Offenbach, HRB 47855

Manager:

                     La-Pha-Pack GmbH

                     Am Parir 20

                     D 52379 Langerwehe

                     Legal form: Private limited company

                     Share capital:     EUR            250,000.00

                     Registered

                     on:         07.10.2002

                     Reg. data:  52349 Düren, HRB 3471

Manager:

                     Oxoid Investments GmbH

                     Am Lippeglacis 4-8

                     D 46483 Wesel

                     Legal form: Private limited company

                     Share capital:     EUR            511,291.88

                     Registered

                     on:         22.12.1997

                     Reg. data:  47051 Duisburg, HRB 11223

Manager:

                     Fisher Germany Holdings GmbH

                     Saarbrückener Str. 248

                     D 38116 Braunschweig

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         31.08.2005

                     Reg. data:  38100 Braunschweig, HRB 10072

Manager:

                     Microgenics GmbH

                     Spitalhofstr. 94

                     D 94032 Passau

                     Legal form: Private limited company

                     Share capital:     EUR          1,147,000.00

                     Registered

                     on:         11.12.1998

                     Reg. data:  94032 Passau, HRB 5772

Manager:

                     Thermo Electron LED GmbH

                     Robert-Bosch-Str. 1

                     D 63505 Langenselbold

                     Post Box:

                     13 60, D 63503 Langenselbold

                     Legal form: Private limited company

                     Share capital:     EUR          2,600,000.00

                     Registered

                     on:         22.08.2005

                     Reg. data:  63450 Hanau, HRB 6147

Manager:

                     Fisher Clinical Services GmbH

                     Im Wörth 3

                     D 79576 Weil am Rhein

                     Legal form: Private limited company

                     Share capital:     EUR             25,000.00

                     Registered

                     on:         20.12.2004

                     Reg. data:  79098 Freiburg, HRB 7521

Manager:

                     Phadia GmbH

                     Munzinger Str. 7

                     D 79111 Freiburg

                     Legal form: Private limited company

                     Share capital:     EUR          8,025,000.00

                     Registered

                     on:         25.11.2003

                     Reg. data:  79098 Freiburg, HRB 7293

Manager:

                     Thermo Fisher Scientific GENEART GmbH

                     Im Gewerbepark B 35

                     D 93059 Regensburg

                     Legal form: Private limited company

                     Share capital:     EUR          4,487,800.00

                     Registered

                     on:         17.08.2015

                     Reg. data:  93049 Regensburg, HRB 14955

Manager:

                     Thermo Fisher Scientific (Bremen) GmbH

                     Hanna-Kunath-Str. 11

                     D 28199 Bremen

                     Legal form: Private limited company

                     Share capital:     EUR          9,250,000.00

                     Registered

                     on:         10.02.1981

                     Reg. data:  28195 Bremen, HRB 8628 HB

Manager:

                     Oxoid Deutschland GmbH

                     Am Lippeglacis 4-8

                     D 46483 Wesel

                     Legal form: Private limited company

                     Share capital:     EUR            426,000.00

                     Registered

                     on:         29.07.2005

                     Reg. data:  47051 Duisburg, HRB 17871

Manager:

                     B.R.A.H.M.S. Biotech GmbH

                     Neuendorfstr. 24b

                     D 16761 Hennigsdorf

                     Legal form: Private limited company

                     Share capital:     EUR            255,645.94

                     Registered

                     on:         27.08.1997

                     Reg. data:  16816 Neuruppin, HRB 4261 NP

Manager:

                     NOVODIRECT GmbH Labor- und

                     Industrie-Meßgeräte

                     Hafenstr. 3

                     D 77694 Kehl

                     Legal form: Private limited company

                     Share capital:     EUR             80,000.00

                     Registered

                     on:         25.04.1985

                     Reg. data:  79098 Freiburg, HRB 370935

Proxy:

                     Thermo Fisher Scientific Germany BV & Co. KG

                     Saarbrückener Str. 248

                     D 38116 Braunschweig

                     Legal form: Ltd partnership w.foreign

                                 priv.ltd.comp. as General

                                 Partner

                     Total cap.         EUR            999,000.00

                     contribution:

                     Registered

                     on:         07.09.2005

                     Reg. data:  38100 Braunschweig, HRA 14421

 

 

COMPANY HISTORY

 

10.10.1983 - 15.05.1996  Softron Gesellschaft für

                         technisch-wissenschaftliche Software mbH

                         Rudolf-Diesel-Str. 1

                         D 82166 Gräfelfing

                         Private limited company

15.05.1996 - 13.03.1999  Softron Gesellschaft für

                         technisch-wissenschaftliche Software mbH

                         Dornierstr. 4

                         D 82110 Germering

                         Private limited company

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

14.05.2012 - 17.05.2013  Manager

                         Iain Alasdair Keith Moodie

                         GB Rothbury

18.10.1996 - 17.05.2013  Manager

                         Dr. Peter Jochum

                         D 82229 Seefeld

 

 

BUSINESS ACTIVITIES

 

Main industrial sector

26200   Manufacture of computers and peripheral equipment

 

Secondary industrial sector

477     Retail sale of other goods in specialized stores

62030   Computer facilities management activities

 

 

FINANCIAL INFORMATION

 

Payment experience:  Unknown

 

Negative information:We have no negative information at hand.

 

 

REAL ESTATE

 

Type of ownership:   proprietor

Share:                100.00 %

Address              Dornierstr. 4

                     D 82110 Germering

 

Real Estate of:      Thomas Frei

Type of ownership:   Tenant

Address              Karwendelstr.42

                     D 82223 Eichenau

 

Land register documents were not available.

 

 

BANKERS

 

COMMERZBANK VORMALS DRESDNER BANK, 82155 GRÄFELFING

Sort. code: 70080000, Account no.: 790740000

BIC: DRESDEFF700

COMMERZBANK VORMALS DRESDNER BANK, 80273 MÜNCHEN

Sort. code: 70080000

BIC: DRESDEFF700

UNICREDIT BANK - HYPOVEREINSBANK, 80311 MÜNCHEN

Sort. code: 70020270

BIC: HYVEDEMMXXX

UNICREDIT BANK - HYPOVEREINSBANK, 82152 PLANEGG

Sort. code: 70020270

BIC: HYVEDEMMXXX

 

 

FINANCIAL FIGURES

 

Financial year:      01.07. - 30.06.

Share capital:                          EUR            125,000.00

 

The number of employees is not known.

 

Profit transfer agreement to:

                     Dionex Holding GmbH

                     Im Steingrund 4-6

                     D 63303 Dreieich


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.65.97

UK Pound

1

Rs.101.19

Euro

1

Rs.73.38

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

ANK

 


 

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

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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%)

 

 

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.