The ARGUS services consist of
Argus Information Service
ARGUS INFORMATION SERVICE was established in 1960 named after the Greek mythological giant with the hundred eyes – at the same time with the birth of the Republic of Cyprus. Until then credit and commercial information in Cyprus was mostly unavailable and no offices or organizations existed for providing such a service.
Today, ARGUS with 60 years of experience behind it, is definitely one of the leading organization of its kind in Cyprus. It has gained the confidence, respect and praise of all who used its services for its prompt, dependable and accurate reporting, for its integrity, its professional collaboration and for its contribution to credit management and international trade.
ARGUS is owned by its founder Renos Lyssiotis who continues to be its Director and Vera Lyssiotis. ARGUS is served by professional and experienced staff whose skill, diligence and integrity forms part of its success. ARGUS holds a very large store of data, which is continually updated as soon as new information comes in. ARGUS recognizes the need for quick, up-to-date, reliable and factual information and strives to provide it.
ARGUS has come a long way since 1960. We now look to the future. With the same sense of responsibility and with the same motivation and will to serve credit management and international trade.
- Status and Credit Reports
- In-depth Special Reports
- Debt Recovery
Status And Credit Report
The ARGUS status and Credit report which informs you about your current and potential trade connections, is namually made and is based on information from several sources. Information is gathered from our large store of data, Companies’ Registry records, official returns, balance sheets where available, banks, press reports, trade sources and field interviews.
The report is supplied in English and contains a historical, trading and financial profile of the company, partnership or individual under investigation. Each report contains in particular the following information.
Name and Address. Full details are given including correct name as registered or used, street address and Post Office Box number.
History. Fullest information is quoted including date of establishment or registration, antecedent history, names of Directors/Partners and their position in the company,, names of shareholders and number of shares held.
Business. Full details of operation and trading activity including line of business, products dealt with, names of principals represented, location of business and branches if any and number of persons employed.
Means. Full details of CapitaLand its structure, assets, liabilities, turnover, investments, extracts from balance sheets if available, registered charges and notice of defaults or delayed payments if any.
Bank. Name or names of bankers, location and branch
Character. Trading reputation and character information is given with mention on regularity or otherwise of payments. Any adverse information is included.
Summary Brief resume of profile and recommendation as to whether subject of enquiry is considered good for trading relations.
Credit Opiniion. A credit opinion for specific amounts or for a series of transactions is given if required.
In-Depth Special Reports
The ARGUS in-depth Special report is modelled in accordance with the client’s specific requirement. It is a detailed investigation of a company or an individual processed by specialists in the particular field. It may be an in-depth investigation of financial standing, of trading activity, of production organization and potential, of sale organization and distribution networks, of business, or personal reputation. In general, the ARGUS in depth report is an investigation on any aspect that may be required by the customer.
The ARGUS Debt Recovery service collects your claims. The problem of outstanding overdue claims is a serious and recurring handicap for all businesses. ARGUS can help you in reducing the number of bad accounts on your books. The ARGUS objective is to get your money back in the quickest possible way, coupled with tact and discretion in order not to interfere with possible future business between the ARGUS client and his current debtor. The available information date enables ARGUS to know the debtor’s financial condition, his antecedents and business morality in order to direct its action towards the right way of effecting debt recovery.
When debt recovery proves to be impossible inspite of the ARGUS intervention, and legal action is required, then the legal services of VERA LYSSIOTIS LLC are at your disposal. The recovery chances and examined and the client is informed accordingly; if the circumstances warrant it and the client desires it then legal action is instituted through our legal department which is manned by highly qualified lawyers.
We serve a multitude of clients in the four corners of the earth. From London to New York, from Tokyo to Sydney, from Helsinki to Bombay, from Montreal to Barcelona, from Beirut to Paris. Hundreds of information requests come in helping the overseas customer to assess the status and credit standing of the subject of enquiry.
Our long list of overseas clients may be classified in the following broad groups:
- Export Credit Insurance Corporations
- Bond and Security companies
- Credit Guarantee Societies
- Commercial and Credit Information Offices
- Trade Commissions
- Finance corporations
- Trade Associations
- General Investigation Agencies
- Individual Manufacturers, Exporters and Traders
Our list of local clients is also remarkable varied and includes those who want to know who are their overseas customers or prospective associates as well as those who are interested in local information. The main groups of our Cyprus located clients are:
- Embassies, Consulates and Trade Representations
- Manufacturers, Exporters, Shippers and Traders