MIRA
INFORM REPORT
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Report Date : |
16th
June 2006 |
IDENTIFICATION
DETAILS
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Name : |
MIRZA BOOK AGENCY |
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Registered Office : |
65-Shahrah Quaid-e-Azam, Lahore, Pakistan |
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Country : |
Pakistan |
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Date of Incorporation : |
1982 |
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Legal Form : |
Partnership |
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Line of Business : |
Booksellers |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory
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Payment Behaviour : |
Usually
Correct |
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Litigation : |
Clear |
Business Name
MIRZA BOOK AGENCY
Full Address
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Registered Address |
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65-Shahrah Quaid-e-Azam, Lahore, Pakistan |
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Tel |
92 (42) 7353601 |
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Fax |
92 (42) 5763714 |
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Short Description Of Business
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Nature of Business |
Booksellers |
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Year Established |
1982 |
Branches
In Karachi
Legal Status
Subject Company was established as a Partnership Business in 1982
Details of Managing
Partner/Partners
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Names |
Nationality |
Address |
Occupation |
Designation |
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Mr. Mahmood Mirza Mr. Qasim Mahmood Mirza Mr. Tariq Mahmood Mirza Mr. Shahid Mahmood Mirza |
Pakistani Pakistani Pakistani Pakistani |
65- The Mall Road, Lahore 65- The Mall Road, Lahore 65- The Mall Road, Lahore 65- The Mall Road, Lahore |
Business Business Business Business |
Managing Partner Partner Partner Partner |
Associates
A. Subsidiary
None
B. Associated
Companies
- Do -
Products
Dealing in books of all types related to Education, Information Technology, Engineering etc
Number of Employees
15 - 20
Annual Sales Volume
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Year |
In Pak Rupees |
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2004 |
65,000,000/- (Estimated) |
Authorized Distributors
- Asian Development Bank (for publishing books).
- World Bank.
- International Monetary Funds.
- ITDG Publishing, United Kingdom.
- University of London, United Kingdom.
- UNESCAP.
- Higher Education Commission, Pakistan.
- UNESCO.
- Oxford University Press, United Kingdom.
Customers
Universities
and research institutions in Pakistan.
Bankers and their addresses
(1) United Bank Limited, Shahrah Quaid-e-Azam Branch, Lahore, Pakistan
Foreign Exchange Rates
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Currency |
Unit |
Pakistani
Rupee |
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US Dollar |
1 |
Rs. 60.42 |
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UK Pound |
1 |
Rs. 111.40 |
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Euro |
1 |
Rs. 76.05 |
Comments
Subject Company was established in 1982 and is engaged in distribution & sale of international as well as local books. Trade relations are reported as fair. The Company can be considered for normal business dealings at usual trade terms and conditions.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and principal
sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |