|
|
|
MIRA INFORM REPORT
|
Report No. : |
507493 |
|
Report Date : |
05.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
JIADIMON BVBA |
|
|
|
|
Registered Office : |
Frans De Cortlaan 37
2610 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
05.03.2004 |
|
|
|
|
Com. Reg. No.: |
864146175 |
|
|
|
|
Legal Form : |
Private
limited liability company |
|
|
|
|
Line of Business : |
Subject is engaged in Wholesale
of diamonds and other precious stones. |
|
|
|
|
No. of Employees : |
Not Available |
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 (30.09.2017) |
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 summary
|
Business
number |
864146175 |
|
Branche
Unit Number |
2136421139 |
|
Company
name |
JIADIMON
BVBA |
|
Address |
FRANS
DE CORTLAAN 37 |
|
|
2610
ANTWERPEN |
|
Date
of establishment |
05/03/2004 |
|
Telephone
number |
3232396416 |
|
Mobile
number |
32473918181 |
|
Fax
number |
- |
|
Liable
for VAT |
yes |
|
VAT
Number |
BE.0864.146.175
Check VAT number |
Commentary
The
business was established over 14 years ago.
No
employees are recorded for this business.
The business has been at the address
for over 10 years. Operating Result in
the latest trading period increased 639%
on the previous trading period. Net Worth
increased by 168% during the latest
trading period.
Turnover
in the latest trading period decreased
51% on the previous trading period.
Annual
accounts
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET
WORTH |
WORKING
CAPITAL |
|
31/12/2016 |
14,517,835 |
455,829 |
616,957 |
3,945,135 |
|
31/12/2015 |
30,025,428 |
-6,682 |
229,478 |
3,455,734 |
|
31/12/2014 |
42,179,695 |
91,947 |
236,156 |
3,127,335 |
Accounts
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2016 |
4,968,000 |
- |
18,600 |
437,714 |
|
31/12/2015 |
5,543,610 |
- |
18,600 |
3,803 |
|
31/12/2014 |
7,769,854 |
- |
18,600 |
70,620 |
Payment expectations
|
Past
payments |
|
Payment
expectation days |
3.90 |
|
Industry
average payment expectation days |
202.54 |
Industry
average day sales outstanding |
211.72 |
|
Day
sales outstanding |
17.36 |
|
|
Court
data summary
|
BANKRUPTCY
DETAILS |
|
|
Court
action type |
no |
|
PROTESTED
BILLS |
|
|
Bill
amount |
- |
|
NSSO
DETAILS |
|
|
Date
of summons |
- |
Company information
|
Business
number |
864146175 |
Company
name |
JIADIMON
BVBA |
|
Fax
number |
- |
Date
founded |
05/03/2004 |
|
Company
status |
active |
Company
type |
Private
limited liability company |
|
Currency |
Euro
(€) |
Date
of latest accounts |
31/12/2016 |
|
Activity
code |
46761 |
Number
of staff |
- |
|
Activity
description |
Wholesale
of diamonds and other precious stones |
|
|
|
Belgian
Bullettin of Acts Publications |
moniteur
belge |
|
|
Contractor details
|
Registered
contractor |
- |
|
number |
|
|
Contractor
description |
- |
|
Date
struck off register |
|
Personnel (NSSO classification)
|
Code |
- |
|
Description |
- |
Joint Industrial Committee
(JIC)
Company accounts
Assets
|
Annual
accounts |
31-12-2016 |
% |
31-12-2015 |
% |
31-12-2014 |
% |
31-12-2013 |
% |
31-12-2012 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total
fixed assets |
12,980 |
1.41 |
12,799 |
-45.03 |
23,281 |
-32.13 |
34,303 |
-42.35 |
59,505 |
|
Intangible
fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Tangible
fixed assets |
12,980 |
1.41 |
12,799 |
-45.03 |
23,281 |
-32.13 |
34,303 |
-42.35 |
59,505 |
|
Land
& building |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Plant
& machinery |
1,197 |
1205 |
92 |
-88.39 |
790 |
-53.52 |
1,699 |
-18.69 |
2,089 |
|
Furniture
& Vehicles |
11,783 |
-7.27 |
12,707 |
-43.50 |
22,491 |
-31.02 |
32,604 |
-43.21 |
57,416 |
|
Leasing
& Other Similar Rights |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other
tangible assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Financial
fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total
current assets |
4,955,020 |
-10.41 |
5,530,811 |
-28.60 |
7,746,573 |
-3.48 |
8,025,749 |
-72.77 |
29,470,498 |
|
Inventories |
490,265 |
- |
0 |
-100 |
2,021,783 |
- |
0 |
- |
0 |
|
Raw
materials & consumables |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Work
in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished
goods |
490,265 |
- |
0 |
-100 |
2,021,783 |
- |
0 |
- |
0 |
|
Other
stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade
debtors |
690,581 |
-60.13 |
1,731,865 |
-64.35 |
4,857,311 |
-38.37 |
7,881,773 |
-72.34 |
28,494,006 |
|
Other
amounts receivable |
5,449 |
-32.86 |
8,116 |
38.61 |
5,855 |
193 |
1,994 |
-98.82 |
169,250 |
|
Cash |
3,766,372 |
-0.62 |
3,790,020 |
339 |
861,624 |
507 |
141,788 |
-82.44 |
807,242 |
|
Miscellaneous
current assets |
2,353 |
190 |
809 |
- |
0 |
-100 |
195 |
- |
0 |
|
Total
Assets |
4,968,000 |
-10.38 |
5,543,610 |
-28.65 |
7,769,854
|
-3.60 |
8,060,052 |
-72.71 |
29,530,003 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total
shareholders equity |
616,957 |
168 |
229,478 |
-2.83 |
236,156 |
33.76 |
176,559 |
6.38 |
165,972 |
|
Issued
share capital |
18,600 |
0 |
18,600 |
0 |
18,600 |
0 |
18,600 |
0 |
18,600 |
|
Share
premium account |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Revaluation
reserve |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Reserves |
598,357 |
183 |
210,878 |
-3.07 |
217,556 |
37.73 |
157,959 |
7.18 |
147,372 |
|
Provisions
for Liabilities & Charges |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Deffered
taxes |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Creditors |
4,351,043 |
-18.12 |
5,314,132 |
-29.46 |
7,533,698 |
-4.44 |
7,883,493 |
-73.15 |
29,364,031 |
|
Other
long term loans |
0 |
-100 |
4,082 |
-70.02 |
13,615 |
-40.25 |
22,786 |
-27.91 |
31,608 |
|
Other
long term liabilities |
3,341,158 |
3.28 |
3,234,973 |
11.52 |
2,900,844 |
13.59 |
2,553,778 |
- |
0 |
|
Total
long term debts |
3,341,158 |
3.15 |
3,239,055 |
11.14 |
2,914,459 |
13.11 |
2,576,564 |
8051 |
31,608 |
|
Current
portion of long term debt |
4,082 |
-57.18 |
9,533 |
3.95 |
9,171 |
3.95 |
8,822 |
-28.22 |
12,290 |
|
Financial
debts |
23 |
-99 |
35,810 |
- |
0 |
- |
0 |
- |
0 |
|
Trade
creditors |
149,273 |
-88.74 |
1,325,138 |
-66.16 |
3,916,194 |
-17.44 |
4,743,564 |
-83.38 |
28,537,524 |
|
Amounts
Payable for Taxes, |
61,435 |
338 |
14,002 |
-72.80 |
51,486 |
267 |
14,017 |
9.73 |
12,774 |
|
Remuneration
& Social Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous
current liabilities |
795,072 |
15.13 |
690,594 |
7.50 |
642,388 |
18.84 |
540,527 |
-29.79 |
769,835 |
|
Total
current liabilities |
1,009,884 |
-51.33 |
2,075,077 |
-55.08 |
4,619,238 |
-12.96 |
5,306,930 |
-81.91 |
29,332,423 |
|
Total
Liabilities |
4,968,000 |
-10.38 |
5,543,610 |
-28.65 |
7,769,854 |
-3.60 |
8,060,052 |
-72.71 |
29,530,003 |
ratio analysis
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit
Before Tax |
3.14 |
15700 |
-0.02 |
-109 |
0.22 |
1000 |
0.02 |
- |
0.00 |
|
Return
on capital employed |
11.52 |
6063 |
-0.19 |
-106 |
2.92 |
495 |
0.49 |
-80.63 |
2.53 |
|
Return
on total assets employed |
9.18 |
7650 |
-0.12 |
-110 |
1.18 |
594 |
0.17 |
750 |
0.02 |
|
Return
on net assets employed |
73.88 |
2538 |
-2.91 |
-107 |
38.93 |
413 |
7.58 |
151 |
3.01 |
|
Sales
/ net working capital |
3.68 |
-57.65 |
8.69 |
-35.58 |
13.49 |
-50.07 |
27.02 |
-96.35 |
740.14 |
|
Stock
turnover ratio |
3.38 |
- |
- |
- |
4.79 |
- |
- |
- |
- |
|
Creditor
days |
3.90 |
-75.85 |
16.15 |
-52.54 |
34.03 |
44.26 |
23.59 |
-76.86 |
101.93 |
|
Debtor
days |
17.36 |
-17.53 |
21.05 |
-49.92 |
42.03 |
7.33 |
39.16 |
-61.52 |
101.77 |
|
SHORT
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current
ratio |
4.91 |
83.90 |
2.67 |
58.93 |
1.68 |
11.26 |
1.51 |
51.00 |
1.00 |
|
Liquidity
ratio / acid ratio |
4.42 |
65.54 |
2.67 |
115 |
1.24 |
-17.88 |
1.51 |
51.00 |
1.00 |
|
Current
debt ratio |
1.64 |
-81.86 |
9.04 |
-53.78 |
19.56 |
-34.93 |
30.06 |
-82.99 |
176.73 |
|
Cashflow |
437,714 |
11408 |
3,803 |
-94.61 |
70,620 |
224 |
21,746 |
3.04 |
21,104 |
|
Net
worth |
616,957 |
168 |
229,478 |
-2.83 |
236,156 |
33.76 |
176,559 |
6.38 |
165,972 |
|
LONG
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
0.67 |
-96.89 |
21.54 |
123 |
9.65 |
-46.09 |
17.90 |
-32.33 |
26.45 |
|
Equity
in percentage |
12.42 |
200 |
4.14 |
36.18 |
3.04 |
38.81 |
2.19 |
291 |
0.56 |
|
Total
debt ratio |
7.05 |
-69.56 |
23.16 |
-27.40 |
31.90 |
-28.56 |
44.65 |
-74.76 |
176.92 |
|
Working
capital |
3,945,135 |
14.16 |
3,455,734 |
10.50 |
3,127,335 |
15.03 |
2,718,819 |
1869 |
138,075 |
Profit
& loss
|
Operating
Income |
14,542,399 |
-51.74 |
30,135,052 |
-28.62 |
42,220,293 |
-42.62 |
73,574,302 |
-28.02 |
102,210,298 |
|
Turnover |
14,517,835 |
-51.65 |
30,025,428 |
-28.82 |
42,179,695 |
-42.59 |
73,465,999 |
-28.11 |
102,195,411 |
|
Total
operating expenses |
13,984,761 |
-53.31 |
29,953,324 |
-28.70 |
42,007,483 |
-42.76 |
73,394,620 |
-28.17 |
102,185,235 |
|
Gross
Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating
Charges |
14,542,399 |
-51.63 |
30,062,948 |
-28.50 |
42,048,082 |
-42.79 |
73,502,923 |
-28.08 |
102,200,122 |
|
Employee
costs |
18 |
- |
- |
- |
- |
- |
- |
- |
- |
|
Wages
and salary |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Employee
pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social
security contributions |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other
employee costs |
18 |
- |
- |
- |
- |
- |
0 |
- |
0 |
|
Director
remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization
and depreciation |
10,734 |
2.41 |
10,482 |
-4.90 |
11,022 |
-1.23 |
11,159 |
-19.16 |
13,805 |
|
Operating
result |
533,074 |
639 |
72,104 |
-58.13 |
172,211 |
141 |
71,379 |
601 |
10,176 |
|
Total
financial income |
0 |
-97.93 |
2 |
-93.98 |
40 |
-37.28 |
64 |
-92.63 |
870 |
|
Total
financial expenses |
77,245 |
-1.96 |
78,789 |
-1.89 |
80,304 |
38.32 |
58,056 |
860 |
6,043 |
|
Results
on ordinary operations before taxation |
455,829 |
6821 |
-6,682 |
-107 |
91,947 |
586 |
13,387 |
167 |
5,004 |
|
Extraordinary
Income |
- |
- |
- |
- |
- |
- |
251,788 |
3158 |
7,728 |
|
Extraordinary
Charges |
- |
- |
- |
- |
- |
- |
247,368 |
7681 |
3,179 |
|
Extraordinary
items |
- |
- |
- |
- |
- |
- |
4,421 |
-2.82 |
4,549 |
|
Results
for the Year Before Taxation |
455,829 |
6821 |
-6,682 |
-107 |
91,947 |
416 |
17,808 |
86.41 |
9,553 |
|
Taxation |
28,850 |
838662 |
-3 |
-100 |
32,349 |
347 |
7,221 |
220 |
2,253 |
|
Results
on ordinary operations |
426,979 |
6393 |
-6,679 |
-111 |
59,598 |
866 |
6,166 |
124 |
2,751 |
|
after
taxation |
|
|
|
|
|
|
|
|
|
|
Net
result |
426,979 |
6393 |
-6,679 |
-111 |
59,598 |
462 |
10,587 |
45.04 |
7,299 |
|
Profit
(Loss) for the Year to be Appropriated |
426,979 |
6393 |
-6,679 |
-111 |
59,598 |
462 |
10,587 |
45.04 |
7,299 |
Social
Balance Sheet Details
|
Social Balance
Sheet |
Total |
|
During the reporting year ended 31-12-2016 |
|
|
Full-time Employees |
- |
|
Part-time Employees |
- |
|
Total Fte Employees |
- |
|
|
|
|
Number of hours worked |
|
|
Full-time Employees |
- |
|
Part-time Employees |
- |
|
Total |
- |
|
|
|
|
Personnel Charges |
|
|
Full-time Employees |
- |
|
Part-time Employees |
- |
|
Total |
- |
|
Benefits In Addition To Wages |
- |
|
|
|
|
During the previous reporting year |
|
|
Average number employees in Fte |
- |
|
Actual working hours |
- |
|
Personnel Charges |
- |
|
Benefits In Addition To Wages |
- |
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration Contracts |
- |
- |
- |
|
Limited Duration Contracts |
- |
- |
- |
|
Contracts For Specific Work |
- |
- |
- |
|
Contracts Regarding Substitution |
- |
- |
- |
|
Gender and
Education Level |
|||
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
- |
- |
- |
|
Higher education (non university) |
- |
- |
- |
|
Higher education (university) |
- |
- |
- |
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
- |
- |
- |
|
Higher education (non university) |
- |
- |
- |
|
Higher education (university) |
- |
- |
- |
|
Working Category Full-Time Part-Time Total Fte |
|
Management - - - |
|
White collar
worker - - - |
|
Blue collar worker - - - |
|
Other - - - |
|
Temporary personnel |
Total |
|
Average number of temporary staff |
- |
|
Actual working hours |
- |
|
Cost of temporary staff |
- |
|
New staff and
leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
- |
- |
- |
|
Leavers |
- |
- |
- |
|
Total of formal
continuing vocational training initiatives for workers paid by the employer |
Male |
Female |
|
Number of employees |
- |
- |
|
Number of training hours |
- |
- |
|
Net costs for enterprise |
- |
- |
|
Total of less
formal and informal continuing vocational training initiatives for workers
paid by the employer |
Male |
Female |
|
Number of employees |
- |
- |
|
Number of training hours |
- |
- |
|
Net costs for enterprise |
- |
- |
|
Total of initial
training initiatives at the expense of the employer |
Male |
Female |
|
Number of employees |
- |
- |
|
Number of training hours |
- |
- |
|
Net costs for enterprise |
- |
- |
Industry comparison
|
Activity
code |
46761 |
|
Activity
description |
Wholesale
of diamonds and other precious stones |
Payment Information
Suspension of
payments / moratorium history
|
Amount |
- |
|
Details |
- |
Payment expectations
|
Payment
expectation days |
3.90 |
|
Day
sales outstanding |
17.36 |
Industry comparison
|
Activity
code |
46761 |
|
Activity
description |
Wholesale
of diamonds and other precious stones |
|
Industry
average payment expectation days |
202.54 |
|
Industry
average day sales outstanding |
211.72 |
Industry quartile analysis
Payment
expectations
|
Company
result |
3.90 |
|
Lower |
132.04 |
|
Median |
58.79 |
|
Upper |
25.65 |
Day sales outstanding
|
Company
result |
17.36 |
|
Lower |
136.36 |
|
Median |
81.74 |
|
Upper |
44.49 |
Shareholder Details
|
Summary |
|
|
Group
- Number of Companies |
0 |
|
Linkages
- Number of Companies |
0 |
|
Number
of Countries |
0 |
Group Structure
No
group structure for this company.
Minority
Shareholders
No
minority shareholders found
Minority
Interests
No
minority interests found
Companies
that match this address
no
Companies Match this address
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 |
Manager |
|
Start
Date |
01/07/2005 |
|
Street |
|
|
Post
code |
|
|
Country |
|
|
Name |
BIRJU
SHAH |
|
Name |
Birju
Shah |
|
Position |
Manager |
|
Start
Date |
05/03/2004 |
Former
director details
|
Name |
Paresh
Sanghvi |
|
Position |
Manager |
|
Start
Date |
10/03/2004 |
|
End
Date |
01/07/2005 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 66.76 |
|
|
1 |
INR 90.58 |
|
Euro |
1 |
INR 79.96 |
|
Euro |
1 |
INR 80.03 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRI |
|
|
|
|
Report Prepared
by : |
DNS |
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.