|
|
|
MIRA INFORM REPORT
|
Report No. : |
507125 |
|
Report Date : |
05.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
ATHOS SA |
|
|
|
|
Registered Office : |
Avenue
Louise 390, 1050 Ixelles |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
30.06.2017 |
|
|
|
|
Date of Incorporation : |
04.03.1980 |
|
|
|
|
Com. Reg. No.: |
420259131 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
Wholesale of Watches and Jewellery |
|
|
|
|
No. of Employees : |
2 |
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 : |
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) |
|
Belgium |
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 |
BELGIUM - ECONOMIC OVERVIEW
Belgium’s central geographic location and highly developed transport
network have helped develop a well-diversified economy, with a broad mix of
transport, services, manufacturing, and high tech. Service and high-tech
industries are concentrated in the northern Flanders region while the southern
region of Wallonia is home to industries like coal and steel manufacturing.
Belgium is completely reliant on foreign sources of fossil fuels, and the
planned closure of its seven nuclear plants by 2025 should increase its
dependence on foreign energy. Its role as a regional logistical hub makes its
economy vulnerable to shifts in foreign demand, particularly with EU trading
partners. Roughly three-quarters of Belgium's trade is with other EU countries,
and the port of Zeebrugge conducts almost half its trade with the United
Kingdom alone, leaving Belgium’s economy vulnerable to the outcome of
negotiations on the UK’s exit from the EU.
Belgium’s GDP grew by 1.7% in 2017 and the budget deficit was 1.5% of GDP.
Unemployment stood at 7.3%, however the unemployment rate is lower in Flanders
than Wallonia, 4.4% compared to 9.4%, because of industrial differences between
the regions. The economy largely recovered from the March 2016 terrorist
attacks that mainly impacted the Brussels region tourist and hospitality
industry. Prime Minister Charles MICHEL's center-right government has pledged
to further reduce the deficit in response to EU pressure to decrease Belgium's
high public debt of about 104% of GDP, but such efforts could also dampen
economic growth. In addition to restrained public spending, low wage growth and
higher inflation promise to curtail a more robust recovery in private
consumption.
The government has pledged to pursue a reform program to improve
Belgium’s competitiveness, including changes to labor market rules and welfare
benefits. These changes have generally made Belgian wages more competitive
regionally, but risk worsening tensions with trade unions and triggering
extended strikes. In 2017, Belgium approved a tax reform plan to ease corporate
rates from 33% to 29% by 2018 and down to 25% by 2020. The tax plan also
included benefits for innovation and SMEs, intended to spur competitiveness and
private investment.
|
Source
: CIA |
Company name & address
Business
number 420259131
Branche
Unit Number 2017358191
Company
name ATHOS SA
Address
AVENUE LOUISE 390
1050 IXELLES
Date
of establishment 04/03/1980
Telephone
number 3222182388
Mobile
number -
Fax
number -
Liable
for VAT Yes
VAT Number BE.0420.259.131 Check VAT
number
Commentary
The
business was established over 38 years ago.
The
business has 2 employees.
The
business has been at the address for over 18 years.
Operating
Result in the latest trading period decreased 140% on the previous trading
period.
Pre-tax profits
decreased by 102% compared to the previous trading period.
ANNUAL ACCOUNTS
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET WORTH |
WORKING
CAPITAL |
|
30/06/2017 |
|
-1,557 |
626,287 |
1,395,579 |
|
30/06/2016 |
|
63,511 |
627,844 |
1,186,194 |
|
30/06/2015 |
|
-4,602 |
564,333 |
1,026,763 |
|
|
|
|
|
|
|
ACCOUNTS |
|
|
|
|
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
30/06/2017 |
1,625,706 |
2 |
595,937 |
-612 |
|
30/06/2016 |
1,659,499 |
2 |
595,937 |
64,970 |
|
30/06/2015 |
1,533,233 |
3 |
595,937 |
-2,148 |
Payment
expectations
|
|||
|
Past payments |
|
Payment expectation days |
41.59 |
|
Industry average payment expectation days |
202.59 |
Industry average day sales
outstanding |
211.65 |
|
Day sales outstanding |
56.70 |
|
|
Court
data summary
|
BANKRUPTCY DETAILS |
||||
|
Court action type |
No |
|
|
|
|
PROTESTED BILLS |
||||
|
Bill amount |
||||
|
NSSO DETAILS |
||||
|
Date of summons |
-- |
|
|
|
Company
information
|
Business
Number |
420259131 |
Company
Name |
ATHOS SA |
|
Fax Number |
- |
Date
Founded |
04/03/1980 |
|
Company
Status |
active |
Company
Type |
Public Limited Company |
|
Currency |
Euro (€) |
Date
of Latest Accounts |
30/06/2017 |
|
Activity
Code |
46480 |
Number
of Staff |
2 |
|
Activity
Description |
Wholesale of watches and jewellery |
|
|
|
Belgian
Bullettin of Acts Publications |
Moniteur Belge |
|
|
Joint
Industrial Committee (JIC)
Significant
Events
Event
Date 02/04/2012
Event
Description authority appointed
Event
Details Commentaire 02-04-2012: Les
pouvoirs bancaires sont accordés à Man Kam Chiu.
Company
accounts
|
Assets |
|
|
|
|
|
|
|
|
|
|
Annual
accounts |
30-06-2017 |
% |
30-06-2016 |
% |
30-06-2015 |
% |
30-06-2014 |
% |
30-06-2013 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total fixed assets |
22,879 |
-1.12 |
23,139 |
-12.50 |
26,443 |
-38.23 |
42,808 |
-1.41 |
43,419 |
|
Intangible fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Tangible fixed assets |
806 |
-25.86 |
1,087 |
-55.72 |
2,456 |
-45.31 |
4,490 |
-77.47 |
19,926 |
|
Land & building |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Plant & machinery |
567 |
312 |
138 |
-63.18 |
374 |
-74.61 |
1,471 |
-42.74 |
2,569 |
|
Furniture & Vehicles |
239 |
-74.84 |
950 |
-54.38 |
2,082 |
-31.03 |
3,019 |
-82.61 |
17,357 |
|
Leasing & Other Similar Rights |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other tangible assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Financial fixed assets |
22,073 |
0.10 |
22,051 |
-8.07 |
23,988 |
-37.40 |
38,318 |
63.10 |
23,494 |
|
Total current assets |
1,602,827 |
-2.05 |
1,636,360 |
8.60 |
1,506,790 |
-4.18 |
1,572,591 |
9.59 |
1,434,928 |
|
Inventories |
795,628 |
-5.42 |
841,231 |
-0.40 |
844,580 |
-4.27 |
882,289 |
16.91 |
754,648 |
|
Raw materials & consumables |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other stocks |
795,628 |
-5.42 |
841,231 |
-0.40 |
844,580 |
-4.27 |
882,289 |
16.91 |
754,648 |
|
Trade debtors |
613,336 |
9.35 |
560,906 |
15.83 |
484,265 |
-3.37 |
501,161 |
-11.86 |
568,583 |
|
Other amounts receivable |
0 |
-100 |
6,669 |
-46.50 |
12,465 |
-15.86 |
14,815 |
-19.37 |
18,374 |
|
Cash |
186,456 |
-14.74 |
218,697 |
42.08 |
153,930 |
-6.45 |
164,537 |
96.46 |
83,749 |
|
Miscellaneous current assets |
7,406 |
-16.38 |
8,857 |
-23.31 |
11,550 |
17.98 |
9,790 |
2.26 |
9,574 |
|
Total Assets |
1,625,706 |
-2.04 |
1,659,499 |
8.24 |
1,533,233 |
-5.09 |
1,615,399 |
9.27 |
1,478,348 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
626,287 |
-0.25 |
627,844 |
11.25 |
564,333 |
-0.81 |
568,936 |
-12.06 |
646,955 |
|
Issued share capital |
595,937 |
0 |
595,937 |
0 |
595,937 |
0 |
595,937 |
0 |
595,937 |
|
Share premium account |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Revaluation reserve |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Reserves |
30,350 |
-4.88 |
31,907 |
100 |
-31,604 |
-17.04 |
-27,002 |
-152 |
51,018 |
|
Provisions for Liabilities & Charges |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Deffered taxes |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Creditors |
999,419 |
-3.12 |
1,031,655 |
6.48 |
968,899 |
-7.41 |
1,046,463 |
25.87 |
831,393 |
|
Other long term loans |
792,171 |
36.23 |
581,488 |
18.94 |
488,873 |
-5.47 |
517,154 |
- |
0 |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
792,171 |
36.23 |
581,488 |
18.94 |
488,873 |
-5.47 |
517,154 |
- |
0 |
|
Current portion of long term debt |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Financial debts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade creditors |
194,699 |
-55.91 |
441,608 |
0.12 |
441,091 |
-11.20 |
496,751 |
31.82 |
376,843 |
|
Amounts Payable for Taxes, Remuneration
& Social Security |
0 |
- |
0 |
- |
0 |
- |
0 |
-100 |
46,831 |
|
Miscellaneous current liabilities |
12,548 |
46.62 |
8,558 |
-78.02 |
38,936 |
19.59 |
32,558 |
-92.01 |
407,719 |
|
Total current liabilities |
207,247 |
-53.96 |
450,166 |
-6.22 |
480,027 |
-9.31 |
529,310 |
-36.33 |
831,393 |
|
Total Liabilities |
1,625,706 |
-2.04 |
1,659,499 |
8.24 |
1,533,233 |
-5.09 |
1,615,399 |
9.27 |
1,478,348 |
|
RATIO
ANALYSIS |
|||||||||
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Return on capital employed |
-0.11 |
-102 |
5.25 |
1193 |
-0.44 |
6.13 |
-7.18 |
32.23 |
-22.28 |
|
Return on total assets employed |
-0.10 |
-102 |
3.83 |
1276 |
-0.30 |
6.21 |
-4.83 |
49.54 |
-9.75 |
|
Return on net assets employed |
-0.25 |
-102 |
10.12 |
1234 |
-0.82 |
5.98 |
-13.71 |
61.54 |
-22.28 |
|
Sales / net working capital |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Stock turnover ratio |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditor days |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Debtor days |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
SHORT
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
7.73 |
112 |
3.64 |
15.92 |
3.14 |
5.72 |
2.97 |
71.68 |
1.73 |
|
Liquidity ratio / acid ratio |
3.89 |
119 |
1.77 |
28.26 |
1.38 |
6.15 |
1.30 |
58.54 |
0.82 |
|
Current debt ratio |
0.33 |
-54.17 |
0.72 |
-15.29 |
0.85 |
-8.60 |
0.93 |
-27.91 |
1.29 |
|
Cashflow |
-612 |
-100 |
64,970 |
3025 |
-2,148 |
3.43 |
-62,584 |
48.38 |
-129,347 |
|
Net worth |
626,287 |
-0.25 |
627,844 |
11.25 |
564,333 |
-0.81 |
568,936 |
-12.06 |
646,955 |
|
LONG TERM STABILITY
|
|
|
|
|
|
|
|
|
|
|
Gearing |
126.49 |
36.57 |
92.62 |
6.91 |
86.63 |
-4.70 |
90.90 |
- |
- |
|
Equity in percentage |
38.52 |
1.82 |
37.83 |
2.77 |
36.81 |
4.51 |
35.22 |
-19.52 |
43.76 |
|
Total debt ratio |
1.60 |
-2.44 |
1.64 |
-4.65 |
1.72 |
-6.52 |
1.84 |
42.64 |
1.29 |
|
Working capital |
1,395,579 |
17.65 |
1,186,194 |
15.53 |
1,026,763 |
-1.58 |
1,043,281 |
72.86 |
603,536 |
|
PROFIT
& LOSS |
|||||||||
|
Operating Income |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Turnover |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Total operating expenses |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Gross Operating Margin |
69,643 |
-53.39 |
149,417 |
44.35 |
103,508 |
4504 |
2,248 |
5.24 |
-42,920 |
|
Operating Charges |
0 |
- |
- |
- |
- |
- |
- |
- |
- |
|
Employee costs |
86,292 |
-17.42 |
104,490 |
-24.75 |
138,862 |
39.57 |
99,492 |
-21.13 |
126,149 |
|
Wages and salary |
- |
- |
82,566 |
-24.04 |
108,696 |
40.46 |
77,385 |
-18.28 |
94,695 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security contributions |
- |
- |
17,881 |
-31.17 |
25,980 |
35.21 |
19,214 |
-29.09 |
27,098 |
|
Other employee costs |
86,292 |
2033 |
4,044 |
-3.40 |
4,186 |
44.74 |
2,892 |
-33.59 |
4,355 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization and depreciation |
945 |
-35.23 |
1,459 |
-40.54 |
2,454 |
-84.10 |
15,435 |
4.13 |
14,823 |
|
Operating result |
-17,595 |
-140 |
43,467 |
125 |
-34,718 |
30.81 |
-112,679 |
61.27 |
-183,892 |
|
Total financial income |
16,038 |
-19.98 |
20,043 |
-33.45 |
30,116 |
-13.11 |
34,660 |
-12.76 |
39,728 |
|
Total financial expenses |
0 |
- |
- |
- |
- |
- |
- |
- |
- |
|
Results on ordinary operations before
taxation |
-1,557 |
-102 |
63,511 |
1380 |
-4,602 |
5.90 |
-78,019 |
54.12 |
-144,164 |
|
Extraordinary Income |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Extraordinary Charges |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Extraordinary items |
- |
- |
- |
- |
- |
- |
- |
- |
0 |
|
Results for the Year Before Taxation |
-1,557 |
-102 |
63,511 |
1380 |
-4,602 |
5.90 |
-78,019 |
54.12 |
-144,164 |
|
Taxation |
- |
- |
- |
- |
- |
- |
- |
- |
6 |
|
Results on ordinary operations after
taxation |
-1,557 |
-102 |
63,511 |
1380 |
-4,602 |
5.90 |
-78,019 |
54.12 |
-144,170 |
|
Net result |
-1,557 |
-102 |
63,511 |
1380 |
-4,602 |
5.90 |
-78,019 |
54.12 |
-144,170 |
|
Profit (Loss) for the Year to
be appropiated |
-1,557 |
-102 |
63,511 |
1380 |
-4,602 |
5.90 |
-78,019 |
54.12 |
-144,170 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Social BALANCE SHEET DETAILS
|
Social
Balance Sheet |
Total |
|
During the reporting year |
|
|
ended 30-06-2017 |
|
|
Full-time Employees |
2 |
|
Part-time Employees |
- |
|
Total Fte Employees |
2 |
|
|
|
|
Number of hours worked |
|
|
Full-time Employees |
4,512 |
|
Part-time Employees |
- |
|
Total |
4,512 |
|
|
|
|
Personnel Charges |
|
|
Full-time Employees |
86,292 |
|
Part-time Employees |
- |
|
Total |
86,292 |
|
Benefits In Addition To Wages |
- |
|
|
|
|
During the previous reporting year |
|
|
Average number employees in Fte |
2 |
|
Actual working hours |
3,610 |
|
Personnel Charges |
104,490 |
|
Benefits In Addition To Wages |
- |
|
Type
of Contract |
Full-Time |
Part-Time |
Total
Fte |
|
Unlimited Duration Contracts |
2 |
- |
2 |
|
Women |
Full-Time |
Part-Time |
Total
Fte |
|
Higher education (university) |
2 |
- |
2 |
|
Working
Category |
Full-Time |
Part-Time |
Total
Fte |
|
Management |
- |
- |
- |
|
White collar worker |
2 |
- |
2 |
|
New
staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
- |
- |
- |
|
Leavers |
1 |
- |
1 |
Industry
comparison
|
|
|
Activity code |
46480 |
|
Activity description |
Whole of watches and jewellery |
Payment
information
|
Total number of Invoices available |
13 |
|
Total number of Invoices paid
within or up to 30 days after
the due date |
13 |
|
Total number of Invoices paid more
than 30 days after the due date |
0 |
|
Total number of Invoices currently
outstanding where the due date has
not yet been reached |
0 |
|
Total number of Invoices currently
outstanding beyond the due date |
0 |
Payment
expectations
|
|
|
Payment expectation days |
- |
|
Day sales outstanding |
- |
|
|
|
|
Industry
comparison |
|
|
Activity code |
46480 |
|
Activity description |
Whole of watches and jewellery |
|
Industry average payment expectation days |
230.35 |
|
Industry average day sales outstanding |
957.65 |
|
Industry quartile
analysis |
|
|
Payment
expectations |
|
|
Company result |
- |
|
Lower |
164.32 |
|
Median |
48.32 |
|
Upper |
18.53 |
|
|
|
|
Day sales
outstanding |
|
|
Company result |
- |
|
Lower |
181.39 |
|
Median |
62.32 |
|
Upper |
13.07 |
Shareholder
details
Group Structure
No group structure for this company.
Minority Shareholders
No minority shareholder found
Minority Interests
No minority interest found
Companies that match this address
|
Business
Number |
Company
Name |
Date
of Accounts |
|
478488726 |
NEPTUNE COATINGS SA |
31/12/2016 |
|
465858534 |
ATIM SA |
31/12/2016 |
|
432948711 |
BERNINFO ASBL |
- |
|
474970792 |
HARCO GROUP SA |
31/12/2016 |
|
668825688 |
NEPTUNE COATINGS INTERNATIONAL SA |
- |
|
464892690 |
IMMOSOLIS SPRL |
31/12/2017 |
|
452471148 |
MARTINAGE SA |
31/03/2017 |
|
476558624 |
HARCO INVEST SA |
30/06/2017 |
|
607940174 |
GREEN INK SPRL |
31/12/2016 |
|
879740906 |
NEURO-JMG SC SPRL |
31/12/2016 |
|
891249064 |
3D CLEANING SPRL |
30/09/2016 |
|
836421003 |
NJR IMMOBILIÈRE SPRL |
30/06/2017 |
|
863467571 |
CAREERS INTERNATIONAL SPRL |
30/06/2017 |
Linked Companies
|
Summary |
|
|
Group - Number of Companies |
0 |
|
Linkages - Number of Companies |
0 |
|
Number of Countries |
0 |
Summons
There is no data for this company.
Protested Bills
There is no data for this company
Bankruptcy and other legal events
There is no data for this company
Director
details
CURRENT DIRECTOR
DETAILS
|
Position |
Managing Director |
|
Start Date |
21/01/2013 |
|
Date
of birth |
20/02/1965 |
|
Street |
11 HOK YUEN STREET HONG KONG |
|
Post code |
0 |
|
Country |
Belgium |
|
|
|
|
Name |
MAN KAM CHIU |
|
Position |
Director |
|
Start Date |
02/04/2012 |
|
Date
of birth |
20/02/1965 |
|
Street |
11 HOK YUEN STREET HONG KONG |
|
Post code |
0 |
|
Country |
Belgium |
|
|
|
|
Name |
WING TONG LUK |
|
Position |
Director |
|
Start Date |
02/04/2012 |
FORMER DIRECTOR DETAILS
|
Name |
Albert Fagot |
|
Position |
Managing Director |
|
Start Date |
28/08/2000 |
|
End Date |
02/04/2012 |
|
Street |
390 AVENUE LOUISE BRUXELLES |
|
Post code |
1050 |
|
Country |
Belgium |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 66.76 |
|
|
1 |
INR 90.58 |
|
Euro |
1 |
INR 79.97 |
|
Euro |
1 |
INR 80.03 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VIV |
|
|
|
|
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.