MIRA INFORM REPORT

Report No. :	494517
Report Date :	26.02.2018

IDENTIFICATION DETAILS

Name :	O&O MDC LIMITED

Registered Office :	1 West Street, Lewes East Sussex Bn7 2nz

Country :	United Kingdom

Financials (as on) :	31.10.2016

Date of Incorporation :	15.10.2001

Com. Reg. No.:	04304596

Legal Form :	Private Limited with Share Capital

Line of Business :	Other business support service activities n.e.c.

No. of Employees :	Not Available

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 :	Slow but Correct

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 name and address

Company Name: O&O MDC LIMITED

Company No: 04304596

Company Status: Active - Accounts Filed

Registered Address: 1 WEST STREETLEWESEAST SUSSEXBN7 2NZ

Company Summary

Registered Address 1 WEST STREET, LEWES EAST SUSSEX BN7 2NZ

Trading Address 1 West Street, Lewes East Sussex BN7 2NZ

Website Address http://www.oo-mdc.com

Telephone Number 07452043401

Fax Number --

TPS No

FPS Yes

Incorporation Date 15/10/2001

Previous Name --

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 15/03/2017

Currency GBP

Share Capital £100

SIC07 82990

Charity Number -

SIC07 Description OTHER BUSINESS SUPPORT SERVICE ACTIVITIES N.E.C.

Principal Activity Opthalmic consultants. Accounts data converted from Euro.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company -

Accountant MAXWELL-GUMBLETON & CO

Mortgages 1

Group 0 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

Year to Date Turnover Pre Tax Profit Shareholder's Funds Employees

31/10/2016 - - £178,749 -

31/10/2015 - - £415,126 -

31/10/2014 - - £323,979 -

Mortgage Summary

Total Mortgage 1

Outstanding 1

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 Small company in respect of the rating/limit generated.

The latest Balance Sheet indicates a very positive net working capital position.

The latest cash balances represent a positive level in terms of the overall outstanding creditor obligations.

This company trades in an industry with a moderate 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	4	Total Person's With Significant Control	2

Current Directors

Title	Mr	Function	Director
Name	Patrick Meunier	Nationality	French
Date of Birth	08/1947	Present Appointments	1
Latest Address	31 Via Macchia Dello Sterparo 31, Frascati, 00044	Appointment Date	25/10/2001
Post Code

Current Company Secretary

Title		Function	Company Secretary
Name	Cinzia Meunier	Nationality	French
Date of Birth	07/1963	Present Appointments	1
Latest Address	31 Via Macchia Dello Sterparo 31, Frascati, 00044	Appointment Date	28/07/2005
Post Code

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
PATRICK MEUNIER	GBP	52	ORDINARY	1	52
CINZIA MEUNIER	GBP	42	ORDINARY	1	42
EMANUELE GABRIELE	GBP	4	ORDINARY	1	4
ANNAMARIA ROSSI	GBP	2	ORDINARY	1	2

FINANCIALS

PROFIT & LOSS

	Date Of Accounts	31/10/16	(%)	31/10/15	(%)	31/10/14	(%)	31/10/13	(%)	31/10/12
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Turnover	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Operating Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Depreciation	£35,762	-4.8%	£37,548	-7.2%	£40,461	-26.1%	£54,714	-20.9%	£69,138
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Pre Tax Profit	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Taxation	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Profit After Tax	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Retained Profit	-	-	-	-	-	-	-	-	-

BALANCE SHEET

	Date Of Accounts	31/10/16	(%)	31/10/15	(%)	31/10/14	(%)	31/10/13	(%)	31/10/12
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Tangible Assets	£187,915	-3.6%	£194,994	9.1%	£178,703	50.3%	£118,937	-17.2%	£143,672
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Intangible Assets	£1	-	£1	9%	£1	11.4%	£1	-11.4%	£1
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Total Fixed Assets	£187,916	-3.6%	£194,994	9.1%	£178,703	50.2%	£118,938	-17.2%	£143,673
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Stock	£77,877	-11.3%	£87,756	37.2%	£63,961	26.6%	£50,529	-24.9%	£67,302
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Trade Debtors	£349,082	-16%	£415,367	18.3%	£351,045	58.3%	£221,711	34.3%	£165,111
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Cash	£247,784	181.2%	£88,130	10.7%	£79,590	-21.5%	£101,337	114.5%	£47,234
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Other Debtors	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Total Current Assets	£674,744	14.1%	£591,253	19.5%	£494,596	32.4%	£373,577	33.6%	£279,647
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Trade Creditors	£217,432	-32.2%	£320,869	7.9%	£297,301	-11.1%	£334,277	35.8%	£246,131
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Other Short Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Miscellaneous Current Liabilities	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Total Current Liabilities	£217,432	-32.2%	£320,869	7.9%	£297,301	-11.1%	£334,277	35.8%	£246,131
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	£466,479	828.3%	£50,252	-3.4%	£52,020	999.9%	£4,393	-78.8%	£20,753
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Total Long Term Liabilities	£466,479	828.3%	£50,252	-3.4%	£52,020	999.9%	£4,393	-78.8%	£20,753

CAPITAL & RESERVES

	Date Of Accounts	31/10/16	(%)	31/10/15	(%)	31/10/14	(%)	31/10/13	(%)	31/10/12
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Called Up Share Capital	£85	-	£85	8.3%	£79	11%	£71	-10.7%	£79
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	P & L Account Reserve	£178,664	-57%	£415,041	28.1%	£323,900	110.6%	£153,774	-1.7%	£156,356
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Shareholder Funds	£178,749	-56.9%	£415,126	28.1%	£323,979	110.6%	£153,845	-1.7%	£156,436

OTHER FINANCIAL ITEMS

	Date Of Accounts	31/10/16	(%)	31/10/15	(%)	31/10/14	(%)	31/10/13	(%)	31/10/12
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Net Worth	£178,748	-56.9%	£415,126	28.1%	£323,978	110.6%	£153,844	-1.7%	£156,435
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Working Capital	£457,312	69.1%	£270,384	37%	£197,296	402%	£39,300	17.3%	£33,515
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Total Assets	£862,660	9.7%	£786,247	16.8%	£673,300	36.7%	£492,515	16.3%	£423,320
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Total Liabilities	£683,911	84.3%	£371,121	6.2%	£349,321	3.1%	£338,671	26.9%	£266,884
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Net Assets	£178,749	-56.9%	£415,126	28.1%	£323,979	110.6%	£153,845	-1.7%	£156,436

CASH FLOW

	Date Of Accounts	31/10/16	(%)	31/10/15	(%)	31/10/14	(%)	31/10/13	(%)	31/10/12
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Increase in Cash	-	-	-	-	-	-	-	-	-

MISCELLANEOUS

	Date Of Accounts	31/10/16	(%)	31/10/15	(%)	31/10/14	(%)	31/10/13	(%)	31/10/12
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Capital Employed	£645,228	38.6%	£465,378	23.8%	£375,999	137.6%	£158,238	-10.7%	£177,188
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Number of Employees	-	-	-	-	-	-	-	-	-
	Accountants	MAXWELL-GUMBLETON & CO
	Auditors
	Auditor Comments	The company is exempt from audit
	Bankers
	Bank Branch Code

RATIOS

	Date Of Accounts	31/10/16	31/10/15	31/10/14	31/10/13	31/10/12
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Pre-tax profit margin %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Current ratio	3.10	1.84	1.66	1.12	1.14
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Sales/Net Working Capital	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Gearing %	261	12.10	16.10	2.90	13.30
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Equity in %	20.70	52.80	48.10	31.20	37
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Creditor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Debtor Days	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Liquidity/Acid Test	2.74	1.56	1.44	0.96	0.86
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Return On Capital Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Return On Total Assets Employed %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Current Debt Ratio	1.21	0.77	0.91	2.17	1.57
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Total Debt Ratio	3.82	0.89	1.07	2.20	1.70
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\vivek-pc\123 Foreign Report Raw\O & O mdc Ltd_files\barchart-grey.png$	Return on Net Assets Employed %	-	-	-	-	-

Report Notes

There are no notes to display.

Status History

No Status History found

Event History

Date	Description
07/11/2017	Confirmation Statement
22/03/2017	New Accounts Filed
22/03/2017	New Accounts Filed
06/11/2016	Annual Returns
11/04/2016	New Accounts Filed
11/04/2016	New Accounts Filed
13/11/2015	Annual Returns
06/08/2015	New Accounts Filed
06/08/2015	New Accounts Filed
07/11/2014	Annual Returns
15/08/2014	New Accounts Filed
15/08/2014	New Accounts Filed
18/11/2013	Annual Returns
09/08/2013	New Accounts Filed
09/08/2013	New Accounts Filed

Previous Company Names

No Previous Names found

Writ Details

No writs found

Statistics

Group	-
Linkages	0 companies
Countries	In 0 countries

Summary

Holding Company	-
Ownership Status
Ultimate Holding Company	-

Group Structure Full

No Group Structure

Statistics

Group	0 companies
Linkages	0 companies
Countries	In 0 countries

Mortgage Details

Mortgage Type:	DEBENTURE
Date Charge Created:	21/04/11
Date Charge Registered:	27/04/11
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	HSBC BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED AND FLOATING CHARGE OVER THE UNDERTAKING AND ALL PROPERTY AND ASSETS PRESENT AND FUTURE, INCLUDING GOODWILL, BOOKDEBTS, UNCALLED CAPITAL, BUILDINGS, FIXTURES, FIXED PLANT & MACHINERY

Previous Director/Company Secretaries

Name	Current Active Appointments	Previous Appointments	Dissolved Companies
Deborah Anne Sonja Hillman	0	1	1
Mark Simon Hillman	0	1	1
NOMINEE COMPANY SECRETARIES LIMITED	0	389	1963
NOMINEE COMPANY DIRECTORS LIMITED	0	396	1978

Total Persons With Significant Control	2	Total Statements
Active	2	Active
Ceased	0	Ceased

Active Persons With Significant Control

Name	Mr Patrick Meunier	Kind	Individual Person With Significant Control
Address	1 West Street, Lewes, East Sussex	Country Of Residence	Italy
Post Code	BN7 2NZ	Nationality	French
Date of Birth	08/1947	Notified On	06/04/2016
Nature Of Control	Ownership of shares - between 25% and 50%
Name	Mrs Cinzia Meunier	Kind	Individual Person With Significant Control
Address	1 West Street, Lewes, East Sussex	Country Of Residence	Italy
Post Code	BN7 2NZ	Nationality	French
Date of Birth	07/1963	Notified On	06/04/2016
Nature Of Control	Ownership of shares - between 25% and 50%

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
Average Invoice Value	n/a
Invoices available	n/a
Paid	n/a
Outstanding	n/a

Trade Payment Data is information that we collect from selected third party partners who send us information about their whole sales ledger.

	Within Terms	0-30 Days	31-60 Days	61-90 Days	91+ Days
Paid
Outstanding

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 64.82
UK Pound	1	INR 90.40
Euro	1	INR 79.76
GBP	1	INR 91.03

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

INFORMATION DETAILS

Analysis Done by :	PRA

Report Prepared by :	NIT

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.