3decades

MIRA INFORM REPORT

Report No. :	485156
Report Date :	09.01.2018

IDENTIFICATION DETAILS

Name :	MAVERIC TESTING SOLUTIONS LIMITED

Registered Office :	5 Laybourne House Admirals Way Docklands E14 9XL

Country :	United Kingdom

Financials (as on) :	31.03.2017

Date of Incorporation :	13.10.2003

Com. Reg. No.:	04930156

Legal Form :	Private limited with Share Capital

Line of Business :	· Information technology consultancy activities · Software and technological systems testing and solutions.

No. of Employees :	32

RATING & COMMENTS

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

MIRA’s Rating :

Credit Rating	Explanation	Rating Comments
A	Acceptable Risk	Business dealings permissible with moderate risk of default

Status :	Good

Payment Behaviour :	Regular

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)

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 Britain'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 new Conservative majority government. However, the deficit still remains one of the highest in the G7, standing at 4.1% of GDP as of mid-2016, and Britain has pledged to lower its corporation tax from 20% to 17% by 2020. Britain had a debt burden of 92.2% GDP at the end of 2016.

While the UK is one of the fastest growing economies in the G7, economists are concerned about the potential negative impact of the UK’s vote to leave the EU. 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.

Source : CIA

Company Name and address

MAVERIC TESTING SOLUTIONS LIMITED

5 LAYBOURNE HOUSE ADMIRALS WAY DOCKLANDS E14 9XL

Company No.

04930156

Company Status

Active - Accounts Filed

Company Summary

Registered Address 5 LAYBOURNE HOUSE
ADMIRALS WAY
DOCKLANDS
E14 9XL

Trading Address 5 Laybourne House
Admirals Way
Docklands
London
E14 9XL

Website Address http://www.maveric-systems.com

Telephone Number 02079874962

Fax Number

TPS Yes

FPS Yes

Incorporation Date 13/10/2003

Previous Name

Type Private limited with Share Capital

FTSE Index -

Date of Change -

Filing Date of Accounts 29/09/2017

Currency GBP

Share Capital £29,500

SIC07 62020

Charity Number -

SIC07 Description INFORMATION TECHNOLOGY CONSULTANCY ACTIVITIES

Principal Activity Software and technological systems testing and solutions.

Additional Information

CCJ's 0 (£0)

No CCJ Information To Display

Ultimate Holding Company MAVERIC SYSTEMS LTD

Accountant -

Mortgages 0

Group 2 companies

Linkages 0 companies

Countries In 0 countries

Key Financials

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

31/03/2017 £4,857,479 £499,324 £1,570,069 32

31/03/2016 £3,716,673 £245,750 £1,172,326 27

31/03/2015 - - £978,076 -

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 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.

There has been an increase in shareholders funds compared with the previous balance sheet.

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

Current Directors

Title	Mr	Function	Director
Name	Mahesh Velliyur Nott	Nationality	Indian
Date of Birth	09/1964	Present Appointments	1
Latest Address	Ad 83/6, 5th Avenue,, Annanagar, Chennai, 600040 Tamil Nadu	Appointment Date	13/10/2003
Post Code
Title		Function	Director
Name	Subramanian Nurani Neelakantan	Nationality	Indian
Date of Birth	12/1968	Present Appointments	1
Latest Address	8/21 3rd Cross Street Radhakrishnan, Nagar, Tiruvanmiyur, Chennai, 600041 Tamil Nadu	Appointment Date	13/10/2003
Post Code

Title		Function	Director
Name	Ranga Reddy	Nationality	Indian
Date of Birth	09/1963	Present Appointments	1
Latest Address	3a Raja Gardens,, Kottivakkam, Chennai, Tamil Nadli 600041	Appointment Date	05/12/2006
Post Code

Current Company Secretary

Title		Function	Company Secretary
Name	Venkatash Padmanabhachari	Nationality	Indian
Date of Birth	05/1962	Present Appointments	1
Latest Address	Flat D-1, Lolden Jubilee Apartments, Chennai, 600 078 Tamil Nadu	Appointment Date	13/10/2003
Post Code

Top Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
MAVERIC SYSTEMS LTD	GBP	29,500	ORDINARY	1	100

Profit & Loss

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
	Weeks	52	(%)	52	(%)	52	(%)	52	(%)	52
	Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
	Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Turnover	£4,857,479	30.7%	£3,716,673	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Export	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Cost of Sales	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Gross Profit	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Wages & Salaries	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Directors Emoluments	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Operating Profit	£499,324	103.2%	£245,750	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Depreciation	£610	-10.4%	£681	-25%	£908	-20.3%	£1,139	23.7%	£921
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Audit Fees	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Interest Payments	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Pre Tax Profit	£499,324	103.2%	£245,750	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Taxation	-£101,581	-97.2%	-£51,500	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Profit After Tax	£397,743	104.8%	£194,250	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Dividends Payable	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Retained Profit	£397,743	104.8%	£194,250	-	-	-	-	-	-

Balance Sheet

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Tangible Assets	£197,823	0.3%	£197,276	-0.3%	£197,957	-0.5%	£198,865	0.4%	£197,996
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Intangible Assets	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Total Fixed Assets	£197,823	0.3%	£197,276	-0.3%	£197,957	-0.5%	£198,865	0.4%	£197,996
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Stock	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Trade Debtors	£626,716	-6.6%	£670,855	-42.3%	£1,163,395	13.5%	£1,024,884	31.9%	£776,967
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Cash	£444,898	36%	£327,032	57.5%	£207,641	102.3%	£102,616	-67.2%	£312,443
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Other Debtors	£1,001,116	-3.2%	£1,034,516	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Total Current Assets	£2,072,730	2%	£2,032,403	48.2%	£1,371,036	21.6%	£1,127,500	3.5%	£1,089,410
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Trade Creditors	£87,418	-81.4%	£469,571	-20.5%	£590,917	31.4%	£449,752	-6%	£478,711
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Bank Loans & Overdrafts	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Other Short Term Finance	£286,426	35.6%	£211,272	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Miscellaneous Current Liabilities	£326,640	-13.2%	£376,510	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Total Current Liabilities	£700,484	-33.8%	£1,057,353	78.9%	£590,917	31.4%	£449,752	-6%	£478,711
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Bank Loans & Overdrafts and LTL	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Other Long Term Finance	0	-	0	-	0	-	0	-	0
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Total Long Term Liabilities	0	-	0	-	0	-	0	-	0

Capital & Reserves

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Called Up Share Capital	£29,500	-	£29,500	-	£29,500	-	£29,500	-	£29,500
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	P & L Account Reserve	£1,540,569	34.8%	£1,142,826	20.5%	£948,576	12%	£847,113	8.7%	£779,195
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Revaluation Reserve	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Sundry Reserves	-	-	-	-	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Shareholder Funds	£1,570,069	33.9%	£1,172,326	19.9%	£978,076	11.6%	£876,613	8.4%	£808,695

Other Financial Items

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Net Worth	£1,570,069	33.9%	£1,172,326	19.9%	£978,076	11.6%	£876,613	8.4%	£808,695
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Working Capital	£1,372,246	40.7%	£975,050	25%	£780,119	15.1%	£677,748	11%	£610,699
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Total Assets	£2,270,553	1.8%	£2,229,679	42.1%	£1,568,993	18.3%	£1,326,365	3%	£1,287,406
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Total Liabilities	£700,484	-33.8%	£1,057,353	78.9%	£590,917	31.4%	£449,752	-6%	£478,711
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Net Assets	£1,570,069	33.9%	£1,172,326	19.9%	£978,076	11.6%	£876,613	8.4%	£808,695

Miscellaneous

	Date Of Accounts	31/03/17	(%)	31/03/16	(%)	31/03/15	(%)	31/03/14	(%)	31/03/13
	Contingent Liability	NO	-	NO	-	NO	-	NO	-	NO
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Capital Employed	£1,570,069	33.9%	£1,172,326	19.9%	£978,076	11.6%	£876,613	8.4%	£808,695
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Number of Employees	32	18.5%	27	-	-	-	-	-	-
	Accountants
	Auditors	KINGSTON SMITH LLP
	Auditor Comments	The audit report contains no adverse comments
	Bankers
	Bank Branch Code

Ratios

	Date Of Accounts	31/03/17	31/03/16	31/03/15	31/03/14	31/03/13
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Pre-tax profit margin %	10.28	6.61	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Current ratio	2.96	1.92	2.32	2.51	2.28
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Sales/Net Working Capital	3.54	3.81	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Gearing %	0	0	0	0	0
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Equity in %	69.10	52.60	62.30	66.10	62.80
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Creditor Days	6.55	45.98	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Debtor Days	46.96	65.70	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Liquidity/Acid Test	2.95	1.92	2.32	2.50	2.27
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Return On Capital Employed %	31.80	20.96	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Return On Total Assets Employed %	21.99	11.02	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Current Debt Ratio	0.44	0.90	0.60	0.51	0.59
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Total Debt Ratio	0.44	0.90	0.60	0.51	0.59
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Stock Turnover Ratio %	-	-	-	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\barchart-grey.png$	Return on Net Assets Employed %	31.80	20.96	-	-	-

Report Notes

There are no notes to display.

Status History

Date	Description
13/01/2017	Compulsory strike off cancelled
12/01/2017	Dissolution (First Gazt)

Event History

Date	Description
07/10/2017	New Accounts Filed
07/10/2017	New Accounts Filed
09/01/2017	Annual Returns
26/08/2016	New Accounts Filed
08/01/2016	Annual Returns
08/01/2016	New Accounts Filed
15/01/2015	New Accounts Filed
10/01/2015	Annual Returns
24/03/2014	Annual Returns
11/01/2014	New Accounts Filed
27/12/2012	New Accounts Filed
22/10/2012	Annual Returns
19/04/2012	Change in Reg.Office
19/04/2012	Change of Company Postcode
21/11/2011	Annual Returns

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	-
Ownership Status	Wholly Owned
Ultimate Holding Company	MAVERIC SYSTEMS LTD

Group Structure Full

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\tminus.gif$ MAVERIC SYSTEMS LTD	N/A	-	-
$Description: \\Vivek-pc\123 Foreign Report Raw\New folder\Maveric Testing Solutions Limited_files\L.gif$ MAVERIC TESTING SOLUTI...	04930156	31.03.2017	N	£4,857,479

Previous Director/Company Secretaries

Name	Current Active Appointments			Previous Appointments	Dissolved Companies
BHARDWAJ CORPORATE SERVICES LIMITED	3			4424	16562
Ashok Bhardwaj	2			4698	17090
Total Persons With Significant Control		0	Total Statements			1
Active		0	Active			1
Ceased		0	Ceased			0

Active Persons With Significant Control

No Active Persons With Significant Control To Display

Ceased Persons With Significant Control

No Ceased Persons With Significant Control To Display

Active Statements

Statement	The company knows or has reasonable cause to believe that there is no registrable person or registrable relevant legal entity in relation to the company
Notified On	13/10/2016

Ceased Statements

No Ceased Statements To Display

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 63.67
UK Pound	1	INR 86.11
Euro	1	INR 76.59
GBP	1	INR 86.06

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

INFORMATION DETAILS

Analysis Done by :	PRA

Report Prepared by :	TRU

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.