|
|
|
MIRA INFORM REPORT
|
Report No. : |
488036 |
|
Report Date : |
02.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
ENERGY ENGINEERED PRODUCTS PTY LTD |
|
|
|
|
Formerly Known As : |
PRICE FORBES SEDGWICK (AFRICA) (22/02/2005) ENERGY METALS (23/03/2007) PFV (VAALDRIEHOEK) (22/02/2005) PRICE FORBES (ORGANE FREE STATE) (22/02/2005) PRICE FORBES SEDGWICK (ORANGE FREE STATE) (22/02/2005) |
|
|
|
|
Registered Office : |
2 Brands Hatch; Kyalami Business Park Midrand, Gauteng
South Africa 1685 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Financials (as on) : |
2017 |
|
|
|
|
Date of Incorporation : |
11.07.1968 |
|
|
|
|
Com. Reg. No.: |
1968/007765/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
The subject is involved in the wholesale of stainless
steel products and valves. The
subject operates through numerous
business units as an agency for
various overseas suppliers. |
|
|
|
|
No. of Employees : |
35 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
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 (30.06.2017) |
Current Rating (30.09.2017) |
|
South Africa |
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 |
SOUTH AFRICA - ECONOMIC OVERVIEW
South Africa is a middle-income emerging market with an abundant supply
of natural resources; well-developed financial, legal, communications, energy,
and transport sectors; and a stock exchange that is Africa’s largest and among
the top 20 in the world.
Economic growth has decelerated in recent years, slowing to an estimated
0.7% in 2017. Unemployment, poverty, and inequality - among the highest in the
world - remain a challenge. Official unemployment is roughly 27% of the
workforce, and runs significantly higher among black youth. Even though the
country's modern infrastructure supports a relatively efficient distribution of
goods to major urban centers throughout the region, unstable electricity
supplies retard growth. Eskom, the state-run power company, is building three
new power stations and is installing new power demand management programs to
improve power grid reliability; in late 2016 they issued a request for bids to
revamp South Africa’s nuclear power generating capabilities. Load shedding and resulting
rolling blackouts gripped many parts of South Africa in late 2014 and early
2015 because of electricity supply constraints due to technical problems at
some generation units, unavoidable planned maintenance, and an accident at a
power station.
South Africa's economic policy has focused on controlling inflation;
however, the country faces structural constraints that also limit economic
growth, such as skills shortages, declining global competitiveness, and
frequent work stoppages due to strike action. The government faces growing
pressure from urban constituencies to improve the delivery of basic services to
low-income areas, to increase job growth, and to provide university
level-education at affordable prices. Political infighting among South Africa’s
ruling party and the volatility of the rand risks economic growth.
International investors are concerned about the country’s long-term economic
stability; as of December 2016, most major international credit ratings
agencies placed South Africa only one level above junk bond status.
|
Source
: CIA |
COMPANY
INFORMATION
OVERVIEW
|
History |
ENERGY ENGINEERED PRODUCTS (PTY) LTD was registered in July 1968 as PRICE FORBES
SEDGWICK (AFRICA) (PTY) LTD and commenced trading immediately. There
were several name changes the
most recent in March, 2007 from ENERGY METALS (PTY) LTD
to the current name. |
STATUTORY INFORMATION
|
Registered Name |
ENERGY ENGINEERED PRODUCTS |
|
Previous Names |
PRICE FORBES SEDGWICK (AFRICA) (22/02/2005) ENERGY METALS (23/03/2007) PFV (VAALDRIEHOEK) (22/02/2005) PRICE FORBES (ORGANE FREE STATE) (22/02/2005) PRICE FORBES SEDGWICK (ORANGE FREE STATE) (22/02/2005) |
|
Registration Number |
1968/007765/07 |
|
Type Of Company |
Private Company |
|
Registered Date |
11/07/1968 |
|
Date Commenced Trading |
11/07/1968 |
|
Commercial Status |
In Business |
|
Financial Year End |
December |
CONTACT DETAILS
|
Contact Number |
+27 11 466 1926 |
|
Email Address |
|
|
Fax Number |
+27 11 466 1692 |
|
Website |
|
|
Social Media Presence |
The subject does not have a social media presence. |
|
Registered Physical
Address |
2 Brands Hatch; Kyalami Business Park MIDRAND Gauteng South Africa 1685 |
|
Trading Physical
Address |
2 Brands Hatch; Kyalami Business Park Kyalami Park JOHANNESBURG Gauteng South Africa 1685 |
|
Postal Address |
P O Box 4269 Midrand JOHANNESBURG Gauteng South Africa 1685 |
TAX INFORMATION
Income
Tax Number 9470032849
VAT
INFORMATION
|
VAT
Status |
The
subject is registered for VAT (VAT number/s made available) |
|
VAT Number |
4240130742 |
|
Status |
Active |
|
Registered Name |
ENERGY ENGINEERED PRODUCTS PTY LTD |
|
Trading Name |
ENERGY METALS |
OFFICERS
AND PROFESSIONAL SERVICES
LIST OF OFFICERS AND PROFESSIONAL SERVICES
|
Type |
Name |
Contact Name |
Contact Number |
|
Auditor |
R W IRISH - ALLIOTT INCORPORATED |
|
+27118860018 |
|
Insurance |
SADLIEIR AND ASSOCIATES |
PATRICK WEST |
+27114652970 |
OWNERSHIP
STRUCTURE
SHAREHOLDING INFORMATION
CURRENT
|
Holding Company |
Share |
Type |
|
WIT TRUST |
50.00% |
Holding Company |
|
|
|
|
|
Shareholder/Member Name |
Share/Interest |
Type |
|
GRAHAM ANTHONY RADCLIFFE WHITTY |
16.00% |
Member |
|
FIONA LYNDA JACOBS |
8.00% |
Member |
|
ROWENA SUNEERCHAND |
8.00% |
|
|
ANESH PRITHILALL |
10.00% |
|
|
EDWIN BOGOPA |
8.00% |
|
|
|
|
|
|
Associated Companies |
Share |
Type |
|
MULTI ALLOYS (PTY) LTD |
50.00% |
Associate |
|
E-METALS CAPE (PTY) LTD |
100.00% |
Subsidiary |
PRINCIPAL
INFORMATION
Director / Member
|
Full Name |
ID No. |
Type |
Status |
DOA |
Active Interests |
Previous Interests |
Judgments |
Fraud Listing |
|
FIONA LYNDA JACOBS |
5907100083188 |
Director |
Active |
01/03/2004 |
0 |
0 |
0 |
0 |
|
GAFELE EDWIN BOGOPA |
7202015801082 |
Non-Executive Director |
Active |
01/01/2016 |
21 |
13 |
2 |
0 |
|
GRAHAM |
|
|
|
|
|
|
|
|
|
ANTHONY RADCLIFFE WHITTY |
7207275067084 |
Director |
Active |
02/01/2007 |
3 |
0 |
0 |
0 |
|
HUGH ANTHONY NOEL WHITTY |
4510125047088 |
Director |
Active |
01/03/1992 |
7 |
1 |
0 |
0 |
|
JOHN CARRINGTON RAW |
210522 |
Director |
Deceased |
11/07/1968 |
0 |
0 |
0 |
0 |
|
ALBERT JOHN EUGENE FIVAZ |
450127 |
Director |
Resigned |
24/06/1986 |
0 |
0 |
0 |
0 |
|
ANDREW RICHARD HUGH WHITTY |
7504245205087 |
Director |
Resigned |
02/01/2007 |
3 |
14 |
0 |
0 |
|
ANTHONY ALBERT COX |
3612025067009 |
Director |
Resigned |
24/06/1986 |
0 |
0 |
0 |
0 |
|
CORNELIUS JACOBUS DE BEER |
4403140000000 |
Director |
Resigned |
23/10/1989 |
0 |
0 |
0 |
0 |
|
FRANCIS EDWARD MATTHEWS |
4308225064008 |
Director |
Resigned |
24/06/1986 |
0 |
0 |
0 |
0 |
|
FRANS ANTONIE GERBER |
430207 |
Director |
Resigned |
24/06/1986 |
0 |
1 |
0 |
0 |
|
HENDRIK WILLEM LE ROUX |
4609095012005 |
Director |
Resigned |
24/06/1986 |
0 |
0 |
0 |
0 |
|
IAN GORDON DOUGLAS |
3807280000000 |
Director |
Resigned |
05/09/1978 |
3 |
0 |
0 |
0 |
|
JOHAN EUGENE VAN RENSBURG |
5001125016009 |
Director |
Resigned |
24/06/1986 |
1 |
0 |
0 |
0 |
|
JOHANNES PIETER SCHUIN |
4408305082001 |
Director |
Resigned |
24/06/1986 |
0 |
0 |
0 |
0 |
|
JOHN LIGHTFOOT |
440312 |
Director |
Resigned |
24/06/1986 |
0 |
2 |
0 |
0 |
|
MICHAEL REITZ HOFMEYR |
420209 |
Director |
Resigned |
24/06/1986 |
0 |
3 |
0 |
0 |
|
MURRAY SINCLAIR DOTT |
2012090000000 |
Director |
Resigned |
15/08/1972 |
0 |
0 |
0 |
0 |
|
NORMAN ALLAN SPARGO |
3610040000000 |
Director |
Resigned |
05/09/1978 |
0 |
1 |
0 |
0 |
|
REGINALD CHARLES BUCKLAND |
3302180000000 |
Director |
Resigned |
05/09/1978 |
0 |
1 |
0 |
0 |
|
ROBIN CHARLES ROY COX |
2410280000000 |
Director |
Resigned |
11/07/1968 |
0 |
0 |
0 |
0 |
|
RODERICK WARREN REDDING |
390612 |
Director |
Resigned |
21/04/1977 |
0 |
2 |
0 |
0 |
ACTIVE BUSINESS INTERESTS: GAFELE EDWIN BOGOPA
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
METSANA ENERGY |
2007/003399/07 |
In Business |
Active |
Director |
0 |
|
EBJ METSANA JOINT VENTURE |
2014/141103/07 |
In Business |
Active |
Director |
0 |
|
METSANA GETEC J V |
2016/140328/07 |
In Business |
Active |
Director |
0 |
|
METSANA ENGINEERING |
2002/003091/07 |
In Business |
Active |
Director |
4 |
|
METSANA WASTE MANAGEMENT |
2010/008609/07 |
In Business |
Active |
Director |
0 |
|
VARVARA |
2016/209740/07 |
In Business |
Active |
Director |
0 |
|
CLIFTON DUNES INVESTMENTS 57 |
2004/013560/07 |
AR Final deregistration |
Active |
Director |
0 |
|
STK METSANA |
2014/026513/07 |
AR Deregistration Process |
Active |
Director |
0 |
|
METSANA GROUP |
2010/008080/07 |
In Business |
Active |
Director |
0 |
|
THE PEOPLE OF THE SOUTH MINING |
2009/005470/07 |
AR Final deregistration |
Active |
Director |
0 |
|
CLIFTON DUNES INVESTMENTS 173 |
2004/025053/07 |
AR Final deregistration |
Active |
Director |
0 |
|
MOTLAKASENG CONSTRUCTION |
2006/004191/07 |
AR Final deregistration |
Active |
Director |
0 |
|
RAPITRADE 306 |
2004/002544/07 |
AR Final deregistration |
Active |
Director |
0 |
|
MELTA JV |
2016/138473/07 |
In Business |
Active |
Director |
0 |
|
GROWTH SYNERGIES |
2017/100179/07 |
In Business |
Active |
Director |
0 |
|
METSANA MINING SERVICES |
2002/003067/07 |
In Business |
Active |
Company Secretary |
0 |
|
TSAFRIKA FOOD MANUFACTURING |
2003/007704/07 |
AR Final deregistration |
Active |
Director |
0 |
|
METSANA PHUOHURA JV |
2013/083827/07 |
AR Deregistration Process |
Active |
Director |
0 |
|
QUICK LEAP INVESTMENTS 137 |
2004/016282/07 |
AR Final deregistration |
Active |
Director |
0 |
|
METSANA MINING SERVICES |
2002/003067/07 |
In Business |
Active |
Director |
0 |
|
MOGWELE TRADING 168 |
2004/031796/07 |
AR Final deregistration |
Active |
Director |
0 |
PREVIOUS BUSINESS INTERESTS: GAFELE EDWIN BOGOPA
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
SIGA CAPITAL STRATEGIC INVESTMENTS |
2006/003812/07 |
AR Final deregistration |
Resigned |
Director |
0 |
|
CONSOLIDATED RESOURCES AND EXPLORATION |
1951/001438/06 |
Deregistration Final |
Resigned |
Officer |
0 |
|
DIKOTI BUSINESS ENTERPRISES |
2002/035174/23 |
Deregistration Final |
Resigned |
Member |
0 |
|
METSANA INVESTMENT HOLDINGS |
2005/021302/07 |
AR Final deregistration |
Resigned |
Director |
0 |
|
NOBOMATE |
2011/110653/07 |
In Business |
Resigned |
Director |
0 |
|
ORLYFUNT ENGINEERING |
2003/031117/07 |
Voluntary Liquidation |
Resigned |
Director |
0 |
|
SEA SHADOW TRADE AND INVEST 110 |
2007/021553/07 |
In Business |
Resigned |
Director |
0 |
|
LITTLE SWIFT INVESTMENTS 133 |
2004/016735/07 |
AR Deregistration Process |
Resigned |
Director |
0 |
|
DABULAMANZI RESOURCES |
2004/008833/07 |
AR Final deregistration |
Resigned |
Officer |
0 |
|
DABULAMANZI RESOURCES |
2004/008833/07 |
AR Final deregistration |
Resigned |
Director |
0 |
|
TELECOM MAPUNGUBWE |
2004/031738/07 |
AR Final deregistration |
Resigned |
Director |
0 |
|
KUSASA ENGINEERING |
2002/006352/07 |
Voluntary Liquidation |
Resigned |
Director |
1 |
|
WEST DUNES PROPERTIES 218 |
2004/034454/07 |
AR Final deregistration |
Resigned |
Director |
0 |
ACTIVE BUSINESS INTERESTS: GRAHAM ANTHONY RADCLIFFE WHITTY
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
MULTI-ALLOYS |
2014/279973/07 |
In Business |
Active |
Director |
0 |
|
E-METALS CAPE |
2000/018387/07 |
In Business |
Active |
Director |
0 |
|
SOUTHERN AFRICA STAINLESS STEEL DEVELOPMENT
ASSOCIATION |
2003/022992/08 |
In Business |
Active |
Director |
0 |
ACTIVE BUSINESS INTERESTS: HUGH ANTHONY NOEL WHITTY
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
GENESIS INDUSTRIAL |
1991/018620/23 |
Deregistration Final |
Active |
Member |
0 |
|
E-METALS |
1999/028155/07 |
In Business |
Active |
Director |
0 |
|
MULTI-ALLOYS |
1997/000056/23 |
Conversion CO/CC or CC/CO |
Active |
Director |
0 |
|
MULTI-ALLOYS |
2014/279973/07 |
In Business |
Active |
Director |
0 |
|
TRADE AVAIL 339 |
2001/080757/23 |
AR Final deregistration |
Active |
Member |
0 |
|
E-METALS CAPE |
2000/018387/07 |
In Business |
Active |
Director |
0 |
|
INDUSTRIAL AND PETROLEUM VALVES |
1999/005116/07 |
Voluntary Liquidation |
Active |
Director |
0 |
PREVIOUS BUSINESS INTERESTS: HUGH ANTHONY NOEL WHITTY
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
TERRA-BOND |
2002/026724/07 |
In Business |
Resigned |
Director |
1 |
Management
No principals found for this principal type.
Officer
|
Full Name |
ID No. |
Type |
Status |
DOA |
Active Interests |
Previous Interests |
Judgments |
Fraud Listing |
|
PRICE FORBES SEDGWICK SOUTH WEST AFRICA |
|
Secretary (Companies & CCs) |
Resigned |
01/02/1984 |
0 |
0 |
0 |
0 |
|
HENRY JAMES CARTER |
320807 |
Company Secretary |
Resigned |
21/09/1971 |
0 |
1 |
0 |
0 |
|
JABEZ VINCENT BOTHA |
3609145060005 |
Company Secretary |
Resigned |
22/06/1983 |
7 |
6 |
0 |
0 |
Other
No
principals found for this principal type.
GENERAL
COMMENTS
General
Comments Judgments on other business interests
BANK
ACCOUNT INFORMATION
BANK ACCOUNTS
|
Account Reference
Number |
Account Holder |
Account Number |
Bank Name |
Branch Name |
Branch Code |
Verification Status |
|
ABB124358 |
Energy Engineered Products (Pty) Ltd |
022658556 |
Standard Bank (South Africa) |
Sandton |
210121 |
Verified by Bank Code |
OPERATIONAL
ACTIVITIES
|
Operational Activities
Status |
The following information was provided |
|
Industry |
Wholesale |
|
Major Industry SIC Code |
466 - Other specialised wholesale |
|
NACE Code |
46,7 - Other specialised wholesale |
MAJOR OPERATION
|
Major Business
Activities |
The subject is involved in the wholesale of stainless
steel products and valves. The
subject operates through numerous
business units as an agency for
various overseas suppliers. |
|
Foreign Trade
Activities |
International |
|
Agencies Held |
Subject holds no agencies. |
|
Franchises Held |
The subject holds no franchises. |
|
Major Suppliers |
MACSTEEL |
|
Major Customers |
·
The manufacturing industry ·
The food and beverage industry The construction industry ·
The mining industry |
|
Major Brands |
Subject does not have any brands. |
|
Major Contracts |
Subject does not operate on a contract basis. |
Import
activities
Subject Imports
|
Imports From |
To the value of |
|
India |
12,000,000 USD |
|
Zambia Namibia |
12,000,000 USD |
|
Taiwan, Province of China |
3,000,000 USD |
Export
activities
Subject Exports
|
Exports To |
To the value of |
|
Ghana Panama Zambia Namibia Africa |
5,000,000 USD |
OPERATIONAL
FOOTPRINT
Operational Footprint
Status The following information was provided
Branch & premises information
|
Location |
Description/Type |
Size (m2) |
# of Staff |
Rented or Owned |
Lease Expiry Date |
|
MIDRAND |
Warehouse Office |
|
|
Leased |
N/A |
Employees
|
Permanent Employees |
35 |
|
Salaried Employees |
35 |
COMPANY
FLEET
Total
Vehicles 14
The fleet is made up
of:
|
Cars / SUV's |
6 |
Combination of Leased and Owned |
|
Light Delivery Vehicles |
2 |
Combination of Leased and Owned |
|
Trailers |
3 |
Combination of Leased and Owned |
|
Trucks |
3 |
Combination of Leased and Owned |
Financing
terms
|
Sales Terms |
30 Days COD 60 Days |
|
Overdraft Facility |
The Subject has an overdraft facility. |
|
Overdraft |
6,000,000 ZAR |
|
Overdraft Usage |
Regularly |
|
Sureties |
The Principals have signed sureties |
|
Debtors Ceded |
Debtors have been ceded. |
|
Debtors Factored |
Debtors have not been factored. |
|
Bonds |
The Subject has no bonds. |
Financial
figures
|
Financial Year |
2017 |
|
Currency |
ZAR |
|
Actual numbers, 000' or mio |
Actual Numbers |
|
Source |
Attached Management Accounts |
INCOME STATEMENT
|
Turnover/Revenue |
94,827,146 |
|
Cost of Goods Sold |
75,347,916 |
|
Gross Profit |
19,479,230 |
|
Operating Profit |
1,217,147 |
BALANCE SHEET
|
Fixed Assets |
2,155,221 |
|
Property, Plant & Equipment |
2,155,221 |
|
Current Assets |
39,127,135 |
|
Cash |
602,651 |
|
Current Liabilities |
17,898,604 |
|
Equity |
21,922,327 |
|
Total Equity and Liabilites |
41,282,356 |
FINANCIAL RATIOS
|
Gross Profit Margin |
21.0% |
|
Operating Profit Margin |
1.0% |
|
Current Ratio |
2.2 |
TRADE REFERENCES
|
Trade Reference |
Date |
Trade Score |
Terms Given (Taken) in days |
Monthly Limit Given (Taken) |
Account Opened |
Payment Trend (prev. 3 years) |
Account Insured |
Notes |
||
|
TR18012976 |
29/01/2018 |
Neutral |
30 Days (30 Days) |
Open Account (150,000) (ZAR) |
2008 |
50% |
100% |
|
No |
This is a good account. |
|
TR18012974 |
29/01/2018 |
Neutral |
30 Days (30 Days) |
Confidential (Confidential) |
2001 |
75% |
|
|
Yes |
This is a good account. |
|
TR18012971 |
29/01/2018 |
Neutral |
30 Days (30 Days) |
Open Account (200,000) (ZAR) |
2001 |
50% |
50% |
|
No |
This is a good account. |
|
|
31/10/2016 |
Neutral |
30 days (30 Days) |
1,400,000 (Confidential) |
2001 |
|
50% |
|
|
This is a good account which enjoys a 2.5%
settlement discount. |
|
|
31/10/2016 |
N/A |
|
|
|
|
|
|
|
Dormant account |
|
|
31/10/2016 |
N/A |
|
|
|
|
|
|
|
Company policy not to provide trade references |
|
|
25/01/2016 |
N/A |
|
|
|
|
|
|
|
Company policy not to provide trade references |
|
|
25/01/2016 |
N/A |
|
|
|
|
|
|
|
Company policy not to provide trade references |
|
|
25/01/2016 |
N/A |
|
|
|
|
|
|
|
Company policy not to provide trade references |
TRADE REFERENCE ANALYTICS
|
Number of valid Trade References |
8 |
|
Overall Trade Score |
63% |
|
Average Usage of Terms |
100% |
|
Average Monthly Purchase |
121,250 ZAR |
|
Average Usage of Credit Limit |
0% |
COURT
NOTICES
No judgments on file in the name of the subject
No liquidation applications on file in the name of
the subject
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.61 |
|
|
1 |
INR 90.17 |
|
Euro |
1 |
INR 78.95 |
|
ZAR |
1 |
INR 5.39 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
|
|
|
|
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.