MIRA INFORM REPORT

 

 

Report No. :

504953

Report Date :

25.04.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

PARTNER ANNA SORNAT

 

 

Registered Office :

Ul. Poznańska 17 Lok. 2, 59-220 Legnica

 

 

Country :

Poland

 

 

Date of Incorporation :

01.03.2017

 

 

Legal Form :

Natural persons conducting business activity

 

 

Line of Business :

·         Agents involved in the sale of a variety of goods

·         Other wholesale

·         Other consultancy related to business and management

·         Building erection related general building activity

·         Cargo handling and storage of other products

·         Buying and selling of own real estate

 

 

No. of Employees :

Not available

 

 

RATING & COMMENTS

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

 

MIRA’s Rating :

NB

 

Credit Rating

Explanation

Rating Comments

NB

New Business

No recommendation can be done due to business in infancy stage

 

Status :

New Business

 

 

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

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

Poland

A2

A2

 

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

 

 

POLAND - ECONOMIC OVERVIEW

 

Poland has the sixth-largest economy in the EU and has long had a reputation as a business-friendly country with largely sound macroeconomic policies. Since 1990, Poland has pursued a policy of economic liberalization. During the 2008-09 economic slowdown Poland was the only EU country to avoid a recession, in part because of the government’s loose fiscal policy combined with a commitment to rein in spending in the medium-term Poland is the largest recipient of EU development funds and their cyclical allocation can significantly impact the rate of economic growth.

The Polish economy performed well during the 2014-17 period, with the real GDP growth rate generally exceeding 3%, in part because of increases in government social spending that have helped to accelerate consumer-driven growth. However, since 2015, Poland has implemented new business restrictions and taxes on foreign-dominated economic sectors, including banking and insurance, energy, and healthcare, that have dampened investor sentiment and has increased the government’s ownership of some firms. The government reduced the retirement age in 2016 and has had mixed success in introducing new taxes and boosting tax compliance to offset the increased costs of social spending programs and relieve upward pressure on the budget deficit. Some credit ratings agencies estimate that Poland during the next few years is at risk of exceeding the EU’s 3%-of-GDP limit on budget deficits, possibly impacting its access to future EU funds. Poland’s economy is projected to perform well in the next few years in part because of an anticipated cyclical increase in the use of its EU development funds and continued, robust household spending.

Poland faces several systemic challenges, which include addressing some of the remaining deficiencies in its road and rail infrastructure, business environment, rigid labor code, commercial court system, government red tape, and burdensome tax system, especially for entrepreneurs. Additional long-term challenges include diversifying Poland’s energy mix, strengthening investments in innovation, research, and development, as well as stemming the outflow of educated young Poles to other EU member states, especially in light of a coming demographic contraction due to emigration, persistently low fertility rates, and the aging of the Solidarity-era baby boom generation.

 

Source : CIA

 

Company name and address

 

PARTNER ANNA SORNAT

 

ul. Poznańska 17 lok. 2

59-220 Legnica

 

 

Company summary

 

Legal form                    Natural persons conducting business activity (1)

Stat.no.                        366698818

Tax ID                           6912302047

Establishment               01.03.2017 (1)

Registration:                 01.03.2017, Central Business Activity Registration and Information

Office,

Owner                           Anna Sornat

Main activity

Branches NACE 2007:

Agents involved in the sale of a variety of goods (G.46.19.Z)

Other wholesale (G.46.73.Z)

Other consultancy related to business and management (M.70.22.Z)

Building erection related general building activity (F.41.10.Z)

Cargo handling and storage of other products (H.52.10.B)

Buying and selling of own real estate (L.68.10.Z)

Employment                 No data available

Turnover data                Not possible to obtain

 

 

Financial statements

No balance data available due to lack of obligation of balance data publication.

 

 

While rating the company, to take into consideration information about it the is advisable branch, the company is acting in

 

(G.46.19.Z - NACE 2007), as at :

31.12.2017

31.12.2016

31.12.2015

31.12.2014

31.12.2013

Current ratio     

2,78

2,58

1,83

1,54

1,50

Quick ratio       

2,47

2,29

1,48

1,24

1,18

Immediate ratio

0,33

0,40

0,06

0,14

0,10

Return on sale  

3,03

4,28

24,78

4,25

4,92

Return on assets          

2,73

3,76

20,95

7,55

6,61

Return on equity           

3,25

4,49

24,84

14,98

14,45

Average trade debtors' days     

108,83

100,52

74,34

80,62

76,91

Average stock turnover's days  

18,04

17,66

20,21

23,56

33,30

average payables payment period         

61,20

61,50

58,46

81,00

108,57

Total indebtedness ratio           

16,21

16,35

15,67

49,58

54,26

Percent share in the examinated group
of companies with net profit     

86,70

89,50

93,80

80,00

85,70

Sales/revenue per employee in th. PLN....

2062,11

1 736,58

2 454,09

1 347,59 1

251,28

Average sales/revenue per company in th. PLN     

284846,80

221 459,11

236 052,31

113 916,53 117

352,00

 

 

according to the Central Statistical Office

 

Locations:                     seat:

ul. Poznańska 17 lok. 2, 59-220 Legnica

Real Estate                   Verification of information on real estate

ownership position through the Real Estate

Register is not covered by the standard report.

Connections:                 Anna Sornat

Connections have not been determined due to no possibility of identification of the persons or subjects which appear in the company.

Data concerning connections are valid as at: 03.04.2018.

General information       Despite our hard efforts, we could not achieve more information from available sources.

We could not contact the investigated entrepreneur.

There is no registered phone numbers to the company to be found in available sources.

The correspondence sent by us remains without reply.

If we obtain any further information, we will send it in the.

Banks                           Names of banks were not disclosed

Payment Manner           Unknown

Credit capability            Business connections should not be refused, credits require security (41)

The commercial credit cannot be determined due to the lack of insight into the complete and current financial situation of the subject company.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 66.36

UK Pound

1

INR 92.51

Euro

1

INR 81.05

PLN

1

INR 19.29

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRI

 

 

Report Prepared by :

SYL

                                                


 

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)

 

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.