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MIRA INFORM REPORT
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Report No. : |
487881 |
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Report Date : |
24.01.2018 |
IDENTIFICATION DETAILS
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Name : |
ECHO MARITIME LIMITED |
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Registered Office : |
Kemp House 160 City Road, London, Ec1v 2nx |
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Country : |
United Kingdom |
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Date of Incorporation : |
10.04.2017 |
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Com. Reg. No.: |
10719383 |
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Legal Form : |
Private limited with
Share Capital |
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Line of Business : |
Agents involved in the
sale of a variety of goods |
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No. of Employees : |
Not available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
NB |
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Credit Rating |
Explanation |
Rating Comments |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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Status : |
New Business |
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Payment Behaviour : |
Unknown |
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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
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Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
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United Kingdom |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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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.
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Source
: CIA |
Company
name and address
Company
Name: ECHO MARITIME LIMITED
Company
No: 10719383
Company
Status: Active - Newly
Incorporated
Registered
Address: KEMP HOUSE 160 CITY
ROADLONDONEC1V 2NX
Company Name
ECHO
MARITIME LIMITED
Company Number
10719383
Company summary
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Company
Status |
Active
- Newly Incorporated |
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Company
Number |
10719383
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Company
Name |
ECHO
MARITIME LIMITED |
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Registered
Address |
KEMP
HOUSE 160 CITY ROAD |
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Eircode
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- |
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VAT
Number |
- |
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Website
Address |
- |
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Telephone
Number |
- |
TPS |
- |
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Incorporation
Date |
10/04/2017
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SIC07 |
46190
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SIC07
Description |
AGENTS INVOLVED
IN THE SALE OF A VARIETY OF GOODS |
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Principal
Activity |
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Type |
Private
limited with Share Capital |
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FTSE
Index |
- |
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Share
Capital |
£1 |
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Currency
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GBP |
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Filing
Date of Accounts |
- |
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Accounts
Due Date |
30/01/2019
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Charity
Number |
- |
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Trading
Address |
Kemp
House |
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Fax
Number |
FPS |
Yes |
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FPS |
Yes |
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Currency
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GBP |
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Share
Capital |
£1 |
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Acquisitions
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Acquiring
Company |
- |
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Acquired
Company |
- |
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Consideration
Part 1 |
- |
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Consideration
Part 2 |
- |
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Contact
Details |
- |
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Additional
Details |
- |
Additional Information
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CCJ's |
0 (£0)
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No CCJ Information
To Display |
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Ultimate
Holding Company |
- |
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Accountant
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- |
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Mortgages
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0
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Group |
0
companies |
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Linkages
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0
companies |
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Countries
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In 0
countries |
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Key
Financials
No Key
Financials Information To Display
Commentary
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This
company has been treated as a New company in respect of the rating/limit
generated. |
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This
company has not yet filed financial statements and is aged 12 months or less.
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This
company is based in a geographical area with a moderate level of corporate
failures. |
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This
company does not have any registered mortgage charges. |
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There
have been no director resignations in the last 6 months. |
CCJ
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Total Number
of Exact CCJs - |
0 |
Total
Value of Exact CCJs - |
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Total
Number of Possible CCJs - |
0 |
Total
Value of Possible CCJs - |
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Total
Number of Satisfied CCJs - |
0 |
Total
Value of Satisfied CCJs - |
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Total
Number of Writs - |
- |
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Total
Current Directors |
1 |
Total
Current Secretaries |
1 |
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Total
Previous Directors / Company Secretaries |
0 |
Total
Person's With Significant Control |
1 |
Current Directors
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Title |
Miss |
Function |
Director |
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Name |
Aishwarya
Pai |
Nationality |
British |
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Date of
Birth |
08/1995 |
Present
Appointments |
1 |
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Latest
Address |
Kemp
House 160 City Road, London |
Appointment
Date |
10/04/2017 |
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Post
Code |
EC1V
2NX |
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Current Company Secretary
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Title |
Miss |
Function |
Company
Secretary |
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Name |
Aishwarya
Pai |
Nationality |
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Date of
Birth |
- |
Present
Appointments |
1 |
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Latest
Address |
Kemp
House 160 City Road, London |
Appointment
Date |
10/04/2017 |
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Post
Code |
EC1V
2NX |
Top Shareholders
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Name |
Currency |
Share
Count |
Share
Type |
Nominal
Value |
% of
Total Share Count |
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AISHWARYA
PAI |
GBP |
1 |
ORDINARY
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1 |
100 |
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Financials
Report
Notes
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There are no notes to
display. |
Status
History
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No
Status History found |
Event History
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Date |
Description |
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13/04/2017 |
Confirmation
Statement |
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12/04/2017 |
New
Company Secretary Miss A. Pai appointed |
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12/04/2017 |
New
Board Member Miss A. Pai appointed |
Previous
Company Names
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No
Previous Names found |
Writ
Details
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No
writs found |
Statistics
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Group |
- |
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Linkages |
0
companies |
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Countries |
In 0
countries |
Summary
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Holding
Company |
- |
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Ownership
Status |
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Ultimate
Holding Company |
- |
Group
Structure Full
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Group |
0
companies |
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Linkages
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0
companies |
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Countries
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In 0
countries |
Previous Director/Company
Secretaries
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No
Previous Director Details |
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Total
Persons With Significant Control |
1 |
Total
Statements |
0 |
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Active |
1 |
Active |
0 |
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Ceased |
0 |
Ceased |
0 |
Active
Persons With Significant Control
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Name |
Miss
Aishwarya Pai |
Kind |
Individual
Person With Significant Control |
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Address |
Kemp
House 160 City Road, London |
Country
Of Residence |
United
Kingdom |
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Post
Code |
EC1V
2NX |
Nationality |
British |
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Date of
Birth |
08/1995 |
Notified
On |
10/04/2017 |
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Nature
Of Control |
Ownership
Of Shares 75 To 100 Percent,Voting Rights 75 To 100 Percent |
Ceased Persons
With Significant Control
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No
Ceased Persons With Significant Control To Display |
Active
Statements
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No
Active Statements To Display |
Ceased
Statements
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No
Ceased Statements To Display |
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Average
Invoice Value |
n/a |
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Invoices
available |
n/a |
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Paid |
n/a |
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Outstanding
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n/a |
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Trade
Payment Data is information that we collect from selected third party
partners who send us information about their whole sales ledger. |
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Within
Terms |
0-30
Days |
31-60
Days |
61-90 Days |
91+
Days |
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Paid |
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Outstanding |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 63.77 |
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1 |
INR 89.20 |
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Euro |
1 |
INR 78.22 |
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GBP |
1 |
INR 89.35 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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DIV |
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Report Prepared
by : |
SYL |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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.