MIRA INFORM REPORT

 

 

Report Date :

10th June 2006

 

IDENTIFICATION DETAILS

 

Name :

BOBY WORKS FARMS LIMITED

 

 

Registered Office :

P O  Box DS 1363

Dansoman – Accra, Ghana

 

 

Country :

Ghana

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Undetermined

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

 

GENERAL OBSERVATIONS

 

Corporation Information

Subject :                       Boby Works Farms Limited

Address :                      P O  Box DS 1363

                                    Dansoman – Accra, Ghana

Telephone Number :       233-21-7012669

Fax Number :                233-21-2447

Mobile :                         233-244983999/ +233-277728992

 

 

ADDRESSES VISITED                                                   FINDINGS

Boby Works Farm Ltd, Dansoman – Accra, Ghana           Our investigation revealed that there must be a  specific area in Dansoman. We were in Dansoman we could not be able to locate the subject because the area were not specified.

 

Telephone Number: 233-21-7012669                                We placed a called on the these numbers the subject refers from Dansoman to Adabarca in Accra opposite YWCA. Our intelligence sourced revealed that this is a storey.

                                                                                   

 

 

RATING EXPLANATIONS

 

 

RATING

STATUS

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

 

 

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