3decades

MIRA INFORM REPORT

Report No. :	502021
Report Date :	04.04.2018

IDENTIFICATION DETAILS

Name :	IMCI (SERVICES) LIMITED

Registered Office :	Progress House Newby Road, Hazel Grove, Stockport, SK7 5DA

Country :	United Kingdom

Financials (as on) :	30.04.2017

Date of Incorporation :	13.04.1987

Com. Reg. No.:	02122663

Legal Form :	Private Limited with Share Capital

Line of Business :	· Other business support service activities n.e.c. · Overseas marketing consultants and representatives and the exporting of products.

No. of Employees :	9

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

Credit Rating

Explanation

Rating Comments

Acceptable Risk

Business dealings permissible with moderate risk of default

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

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

United Kingdom

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderately Low Risk	B1
Moderate Risk	B2
Moderately High Risk	C1
High Risk	C2
Very High Risk	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; 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 the UK’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 then CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated an austerity program, which has continued under the Conservative government. However, the deficit still remains one of the highest in the G7, standing at 3.6% of GDP as of 2017, and the UK has pledged to lower its corporation tax from 20% to 17% by 2020. The UK had a debt burden of 90.4% GDP at the end of 2017.

The UK’s economy has begun to slow since the referendum vote to leave the EU in June 2016. A sustained depreciation of the British pound has increased consumer and producer prices, weighing on consumer spending without spurring a meaningful increase in exports. The UK has an extensive trade relationship with other EU members through its single market membership and economic observers have warned the exit will jeopardize its position as the central location for European financial services. Prime Minister MAY is seeking a new “deep and special” trade relationship with the EU following the UK’s exit. However, economists doubt that the UK will be able to preserve the benefits of EU membership without the obligations.

Source : CIA

Company Summary

Registered Address

Progress House Newby Road
Hazel Grove
Stockport
SK7 5DA

Trading Address

Progress House
Newby Road Industrial Est, Newby Rd
Hazel Grove
Stockport, Cheshire
SK7 5DA

Website Address http://www.bestbarratt.co.uk

Company Number 02122663

Telephone Number -

Fax Number -

TPS -

FPS Yes

Incorporation Date 13/04/1987

Previous Name -

Type Private Limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 31/01/2018

Currency GBP

Share Capital £2

SIC07 82990

Charity Number -

SIC07 Description Other business support service activities n.e.c.

Principal Activity Overseas marketing consultants and representatives and the exporting of

products.

Additional Information

CCJ's

0 (£0)

No CCJ Information To Display

Ultimate Holding Company IMCI (SERVICES) LIMITED

Accountant -

Mortgages 0

Group 2 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

Year to Date	Turnover	Pre Tax Profit	Shareholder	Funds Employees
30.04.2017	£15,421,056	£2,615,333	£7,470,052	9
30.04.2016	£10,314,043	£1,052,836	£5,383,578	9
31.07.2015	£11,602,092	£1,290,510	£4,688,850	8

Mortgage summary

Total Mortgage 0

Outstanding 0

Satisfied 0

Trade debtors / bad debt summary

Total Number of Documented Trade 0

Total Value of Documented Trade £0

Commentary

This company has been treated as a Medium company.

This company's ratio of total liabilities to total assets indicates the presence of moderate equity funding.

This company's return on total assets employed ratio indicates a highly efficient use of assets.

This company has made late payments on a high percentage of invoices.

The company has more cash than short term bank borrowings.

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

CCJ

Total Number of Exact CCJs -	0	Total Value of Exact CCJs -
Total Number of Possible CCJs -	0	Total Value of Possible CCJs -
Total Number of Satisfied CCJs -	0	Total Value of Satisfied CCJs -
Total Number of Writs -	-

Total Current Directors	1	Total Current Secretaries	1
Total Previous Directors / Company Secretaries	0	Total Person's With Significant Control	2

Current Directors

Title	Miss	Function	Director
Name	Avril Mairead O'Hanlon	Nationality	Irish
Date of Birth	04/1958	Present Appointments	2
Latest Address	Progress House Newby Road, Hazel Grove, Stockport	Appointment Date	06/10/1991
Post Code	SK7 5DA

Current Company Secretary

Title		Function	Company Secretary
Name	Charbel Youssef Faddoul	Nationality	British
Date of Birth	-	Present Appointments	2
Latest Address	Progress House Newby Road, Hazel Grove, Stockport	Appointment Date	06/10/1991
Post Code	SK7 5DA

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
AVRIL MAIREAD OHANLON	GBP	1	ORDINARY	1	50
CHARBEL YOUSSEF FADDOUL	GBP	1	ORDINARY	1	50

Profit & Loss

	Date Of Accounts	30/04/17	(%)	30/04/16	(%)	31/07/15	(%)	31/07/14	(%)	31/07/13
	Weeks	52	(%)	39	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Turnover	£15,421,056	49.5%	£10,314,043	-11.1%	£11,602,092	20.6%	£9,623,422	41.3%	£6,810,814
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Cost of Sales	£12,920,593	44%	£8,973,362	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Gross Profit	£2,500,463	86.5%	£1,340,681	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Wages & Salaries	£168,774	25%	£135,035	-60.5%	£342,285	49.4%	£229,120	66.3%	£137,761
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Directors Emoluments	£13,475	36.1%	£9,900	-92.1%	£125,639	360.8%	£27,266	0%	£27,259
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Operating Profit	£2,613,588	111.7%	£1,234,606	-4.1%	£1,286,824	49.7%	£859,422	32%	£650,847
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Depreciation	£23,776	261.7%	£6,573	-59.5%	£16,220	-32%	£23,862	44.5%	£16,511
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Audit Fees	£5,000	-	£5,000	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Interest Payments	-	-100%	£32	220%	£10	-98.2%	£544	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Pre Tax Profit	£2,615,333	148.4%	£1,052,836	-18.4%	£1,290,510	46.9%	£878,689	34.3%	£654,457
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Taxation	-£481,386	-93.6%	-£248,608	7.5%	-£268,758	-35.9%	-£197,775	-33.6%	-£148,041
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Profit After Tax	£2,133,947	165.3%	£804,228	-21.3%	£1,021,752	50.1%	£680,914	34.5%	£506,416
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Dividends Payable	£47,473	-56.6%	£109,500	33.5%	£82,000	15.5%	£71,000	47.2%	£48,250
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Retained Profit	£2,086,474	200.3%	£694,728	-26.1%	£939,752	54.1%	£609,914	33.1%	£458,166

Balance Sheet

	Date Of Accounts	30/04/17	(%)	30/04/16	(%)	31/07/15	(%)	31/07/14	(%)	31/07/13
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Tangible Assets	£768,569	79.6%	£428,020	-29.2%	£604,369	57.2%	£384,397	13.7%	£338,218
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Intangible Assets	£1,146	-	£1,146	-	£1,146	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Total Fixed Assets	£769,715	79.4%	£429,166	-29.1%	£605,515	57.5%	£384,397	13.7%	£338,218
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Stock	£773,345	44.5%	£535,329	82.3%	£293,702	-29%	£413,935	125.7%	£183,422
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Trade Debtors	£2,971,291	3.6%	£2,866,882	-3%	£2,954,279	30.4%	£2,265,095	37%	£1,653,381
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Cash	£6,188,869	24.5%	£4,970,258	32.5%	£3,752,346	9.9%	£3,413,318	51.5%	£2,253,192
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Other Debtors	£613,852	-11.8%	£696,362	47.1%	£473,373	-0.9%	£477,590	-13.6%	£552,449
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Total Current Assets	£10,547,357	16.3%	£9,068,831	21.3%	£7,473,700	13.8%	£6,569,938	41.5%	£4,642,444
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Trade Creditors	£3,055,249	-9.7%	£3,382,233	30.4%	£2,593,591	-8.9%	£2,847,953	79.6%	£1,585,351
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Other Short Term Finance	0	-100%	£54,322	999.9%	£3,166	595.8%	£455	-41.7%	£780
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Miscellaneous Current Liabilities	£791,771	16.8%	£677,864	-14.6%	£793,608	122.4%	£356,829	39.7%	£255,347
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Total Current Liabilities	£3,847,020	-6.5%	£4,114,419	21.4%	£3,390,365	5.8%	£3,205,237	74.1%	£1,841,478
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Total Long Term Liabilities	0	-	0	-	0	-	0	-	0

Capital & Reserves

	Date Of Accounts	30/04/17	(%)	30/04/16	(%)	31/07/15	(%)	31/07/14	(%)	31/07/13
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Called Up Share Capital	£2	-	£2	-	£2	-	£2	-	£2
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	P & L Account Reserve	£7,470,050	38.8%	£5,383,576	14.8%	£4,688,848	25.1%	£3,749,096	19.4%	£3,139,182
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Shareholder Funds	£7,470,052	38.8%	£5,383,578	14.8%	£4,688,850	25.1%	£3,749,098	19.4%	£3,139,184

Other Financial Items

	Date Of Accounts	30/04/17	(%)	30/04/16	(%)	31/07/15	(%)	31/07/14	(%)	31/07/13
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Net Worth	£7,468,906	38.8%	£5,382,432	14.8%	£4,687,704	25%	£3,749,098	19.4%	£3,139,184
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Working Capital	£6,700,337	35.2%	£4,954,412	21.3%	£4,083,335	21.4%	£3,364,701	20.1%	£2,800,966
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Total Assets	£11,317,072	19.2%	£9,497,997	17.6%	£8,079,215	16.2%	£6,954,335	39.6%	£4,980,662
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Total Liabilities	£3,847,020	-6.5%	£4,114,419	21.4%	£3,390,365	5.8%	£3,205,237	74.1%	£1,841,478
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Net Assets	£7,470,052	38.8%	£5,383,578	14.8%	£4,688,850	25.1%	£3,749,098	19.4%	£3,139,184

Cash Flow

	Date Of Accounts	30/04/17	(%)	30/04/16	(%)	31/07/15	(%)	31/07/14	(%)	31/07/13
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Net Cashflow from Operations	£1,879,122	16.8%	£1,609,032	88.7%	£852,837	-40.3%	£1,429,549	353.1%	£315,499
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Net Cashflow before Financing	£1,218,611	0.1%	£1,217,912	259.2%	£339,028	-70.8%	£1,160,126	999.9%	£83,754
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-100%	£325,098	200%	-£325,098
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Increase in Cash	£1,218,611	0.1%	£1,217,912	259.2%	£339,028	-77.2%	£1,485,224	715.4%	-£241,344

Miscellaneous

	Date Of Accounts	30/04/17	(%)	30/04/16	(%)	31/07/15	(%)	31/07/14	(%)	31/07/13
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Capital Employed	£7,470,052	38.8%	£5,383,578	14.8%	£4,688,850	25.1%	£3,749,098	19.4%	£3,139,184
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Number of Employees	9	-	9	12.5%	8	-	8	-	8
	Accountants
	Auditors	ALLENS ACCOUNTANTS LIMITED
	Auditor Comments	The audit report contains no adverse comments
	Bankers	NATIONAL WESTMINSTER BANK PLC
	Bank Branch Code	01-02-69

Ratios

	Date Of Accounts	30/04/17	30/04/16	31/07/15	31/07/14	31/07/13
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Pre-tax profit margin %	16.96	10.21	11.12	9.13	9.61
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Current ratio	2.74	2.20	2.20	2.05	2.52
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Sales/Net Working Capital	2.30	2.08	2.84	2.86	2.43
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Gearing %	0	0	0	0	0
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Equity in %	66	56.70	58	53.90	63
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Creditor Days	72.11	89.52	81.37	107.72	84.72
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Debtor Days	70.13	75.88	92.68	85.67	88.36
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Liquidity/Acid Test	2.54	2.07	2.11	1.92	2.42
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Return On Capital Employed %	35.01	19.55	27.52	23.43	20.84
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Return On Total Assets Employed %	23.10	11.08	15.97	12.63	13.13
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Current Debt Ratio	0.51	0.76	0.72	0.85	0.58
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Total Debt Ratio	0.51	0.76	0.72	0.85	0.58
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Stock Turnover Ratio %	5.01	5.19	2.53	4.30	2.69
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\barchart-grey.png$	Return on Net Assets Employed %	35.01	19.55	27.52	23.43	20.84

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
03/02/2018	New Accounts Filed
03/02/2018	New Accounts Filed
01/02/2018	Payment Data Update Received
09/12/2017	Payment Data Update Received
29/11/2017	Confirmation Statement
21/11/2017	Payment Data Update Received
17/10/2017	Payment Data Update Received
21/06/2017	Payment Data Update Received
20/06/2017	New Accounts Filed
20/06/2017	New Accounts Filed
27/01/2017	Annual Returns
24/01/2017	Annual Returns
24/01/2017	New Board Member Miss A.M. O'Hanlon appointed
02/12/2016	Payment Data Update Received
07/11/2016	Change in Reg.Office

Previous Company Names

No Previous Names found

Writ Details

No writs found

Statistics

Group	2 companies
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	IMCI (SERVICES) LIMITED
Ownership Status	Ultimately Owned
Ultimate Holding Company	IMCI (SERVICES) LIMITED

Group StructureFull

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\tminus.gif$ IMCI (SERVICES) LIMITED	02122663	30.04.2017	N	£15,421,056
$Description: \\vivek-pc\123 Foreign Report Raw\IMCI SERVICES LTD_files\L.gif$ IMCI (INVESTMENTS) LIM...	10341578	-	N

Previous Director/Company Secretaries

No Previous Director Details
Total Persons With Significant Control	2	Total Statements	0
Active	2	Active	0
Ceased	0	Ceased	0

Active Persons With Significant Control

Name	Mr Charbel Youssef Faddoul	Kind	Individual Person With Significant Control
Address	Export House 175 Mauldeth Road, Manchester	Country Of Residence	United Kingdom
Post Code	M14 6SG	Nationality	British
Date of Birth	12/1953	Notified On	06/04/2016
Nature Of Control	Ownership Of Shares 25 To 50 Percent,Voting Rights 25 To 50 Percent
Name	Miss Avril Mairead O'Hanlon	Kind	Individual Person With Significant Control
Address	Export House 175 Mauldeth Road, Manchester	Country Of Residence	United Kingdom
Post Code	M14 6SG	Nationality	Irish
Date of Birth	04/1958	Notified On	06/04/2016
Nature Of Control	Ownership Of Shares 25 To 50 Percent,Voting Rights 25 To 50 Percent

Ceased Persons With Significant Control

No Ceased Persons With Significant Control To Display

Active Statements

No Active Statements To Display

Ceased Statements

No Ceased Statements To Display

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 65.02
UK Pound	1	INR 91.45
Euro	1	INR 80.09
GBP	1	INR 91.61

Note : Above are approximate rates obtained from sources believed to be correct

INFORMATION DETAILS

Analysis Done by :	NIS

Report Prepared by :	TPT

RATING EXPLANATIONS

Credit Rating	Explanation	Rating Comments
A++	Minimum Risk	Business dealings permissible with minimum risk of default
A+	Low Risk	Business dealings permissible with low risk of default
A	Acceptable Risk	Business dealings permissible with moderate risk of default
B	Medium Risk	Business dealings permissible on a regular monitoring basis
C	Medium High Risk	Business dealings permissible preferably on secured basis
D	High Risk	Business dealing not recommended or on secured terms only
NB	New Business	No recommendation can be done due to business in infancy stage
NT	No Trace	No recommendation can be done as the business is not traceable

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

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 are as follows:

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

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