MIRA INFORM REPORT

 

 

Report Date :

3rd October 2006

 

IDENTIFICATION DETAILS

 

Name :

TBD ANDUUD LTD

 

 

Registered Office :

2 Khoroo Bayangol Dist Ulaanbaatar Horoo

 

 

Country :

Mongolia

 

 

Date of Incorporation :

1991

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Engaged in the business of :

  • Manufacturing of sausage products.
  • Exporting of leather, meat and related meat by-products.
  • Importing of foodstuffs, clothes and footwear products

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

Name

 

TBD ANDUUD LTD

 

 

 

 

Company Details

 

Identifier

:

P0799197

Country

:

Mongolia

Address

:

2 Khoroo Bayangol Dist Ulaanbaatar Horoo

Tel

:

[+976] 11-361192

Fax

:

[+976] 11-361055

Email

:

tbd@magicnet.mn

Type

:

Manufacturer

Industry

:

Food Products

 

 

Key Facts

 

Established Year

:

1991

Legal Form

:

Private Limited Company

Legal Form - Status

:

Normal

Employees

:

100

 

 

Credit Rating & Risk Analysis

Risk Index : Medium

 

Medium.jpg

Rating : Good

 

graph63.jpg

Points Allocated : 63

Credit Opinion : n/a

 

 

CREDIT ASSESSMENT FACTORS

 

Credit risk assessment is gauged on 12 key business factors.

 

Each factor is assigned a rating and the total is aggregated and weighed

 

in consideration of any other influencing factors relevant to the final assessment.

 

 

 

These factors include :

   Financial Status

   Profitability

   Industry sector & trends

   Principals

   Litigation

   Liabilities

   Management

   Scale of operations

   Years in business & co history

   Assets(real estate etc.)

   Trade references & reputation

   Family involvement & support

 

 

 

Adverse Data

 

 Results

:

Total of  0  record found.

 

 

 

Recommended Credit Limit - Trade Finance

 

Maximum Recommended Credit

:

GBP 50,000.00  based on  90 days

 

 

 

Management & Products

 

 Management

:

Ms. Sodnompil Baasankhuu, CEO

 

 Products

:

Leather

 

 

Meat, products & by-products

 

 

Clothes

 

 

Foodstuffs

 

 

Footwear

 

 

 

Commercial Credit Inquiries

 

Date of Inquiry

Industry
in which Inquirer Operates

Credit Type
(* / **)

Credit Amount

Period

31 Oct, 2006

Professional Services

MRC

GBP 50,000.00

90 days

 

Note:

*

MRC

:

Maximum Recommended Credit

**

ISC

:

Inquirer Specified Credit

 

Fullcheck Report Details

 

 

 

 

Country

:

Mongolia

Company Name

:

TBD ANDUUD LTD

Company Type

:

Manufacturer

Industry

:

Food Products

Established Year

:

1991

Office Contact Details

Address

:

2 Khoroo

Suburb

:

Bayangol Dist

City

:

Ulaanbaatar

State

:

Horoo

Tel

:

[+976] 11-361192

Fax

:

[+976] 11-361055

E-Mail

:

tbd@magicnet.mn

Postal Details

P.O. Box

:

244

 

 

 

SIC PRODUCT CLASSIFICATION & ACTIVITY

 

 

Activity

Code

Product/Service Description

Exporting

3100

Leather and Leather Products

Exporting

5147

Meats & Meat Products

Importing

2389

Apparel and accessories, nspf

Importing

3149

Footwear, nspf

Manufacturing

0271

Furskins, raw or undressed and fur-bearing animals

Manufacturing

0279

Furskins, whole, undressed; and live animals, nspf

Manufacturing

2000

Food and Kindred Products

Manufacturing

2013

Sausages & prepared products

Manufacturing

2034

Food products, dried and dehydrated

Manufacturing

2051

Bread and other bakery products, other than frozen

 

 

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

 

Activity

Code

Product/Service Description

Exporting

0200

Meat & edible meat offal

Exporting

4205

Articles of leather

Importing

2106

Food preparations

Importing

6100

Articles of apparel & clothing accessories-knitted or crocheted

Importing

6217

Made-up clothing access nesoi, garment etc parts

Importing

6309

Worn clothing and other worn textile articles

Importing

6405

Footwear

Manufacturing

1601

Sausages, similar prdt meat etc food prep of these

Manufacturing

1905

Bread, pastry cakes etc: comm wafers, empty caps etc

Manufacturing

2004

Vegetables nesoi prepared or preserved nesoi, frozen

 

 

 

DETAILED PRODUCT CLASSIFICATION & ACTIVITY

 

Activity

Product/Service Description

Manufacturing

Bakery products

Manufacturing

Sausage

Manufacturing

Wool

Manufacturing

Preserved vegetables

Manufacturing

Camel wool

Manufacturing

Cashmere

Manufacturing

Preserved fruits

Service

Cattle breeding

 

 

 

COMPANY MANAGEMENT

 

Management Listings

 

Name

Nationality

Job Description

Dept. / Division

1

Ms. Sodnompil Baasankhuu

Mongolian

CEO

-

Management Details - 1

Personal Unique Identifier

:

MI01566172

Name

:

Ms. Sodnompil Baasankhuu

Sex

:

F

Associations

:

-

Confederation of Asia-Pacific Chambers of Commerce & Industry

 

 

 

FINANCIAL & LEGAL STATUS

 

 

*Financials*
==========
As a private limited company there is no legal requirement according to local corporate law for public disclosure of detailed financials.

*Reputation*
==========
Reference checking for the purpose of establishing the firm's reputation within the respective industry failed to reveal any negative information.

*Payment Terms*
==============
Sales
--------
Local          : Cash or Credit
Export        : Letter of Credit (L/C)
                      Telegraphic Transfer (T/T)

Purchases
---------------
Local          : Cash or Credit
Import        : Letter of Credit (L/C)
                      Telegraphic Transfer (T/T)

*Company Registration*
===================
License number    : N/A
Year issued           : 1991
Issuing authority : State Registration and Information Bureau

*Long & Short Term Investment *
=========================
Type of investment : Building Construction
Location                    : 25 Km of Ulaanbaatar
Details                       : Total area of construction is 195,834 square meters

 

 

 

ADVERSE DATA MONITORING

 

 

DISHONORED CHECKS

 

No Record Found

 

 

DEBT

 

No Record Found

 

 

LITIGATION

 

No Record Found

 

 

PERFORMANCE DEFAULTS

 

No Record Found

 

 

ADVERSE PRESS COVERAGE

 

No Record Found

 

 

FORMER COMPANY RELATIONSHIPS

 

No Record Found

 

 

 

PRODUCT, TECHNOLOGY, SERVICES DESCRIPTION

 

 

*Main Products & Services*
======================
Specializes in the following areas of work :
1. Manufacturing of sausage products.
2. Exporting of leather, meat and related meat by-products.
3. Importing of foodstuffs, clothes and footwear products.

 

 

 

ORGANIZATION STRUCTURE

 

 

*Key Personnel*
================
Sodnompil Baasankhuu
Association : Lifetime Special Member of the Confederation of Asia-Pacific Chambers of Commerce & Industry

*Office & Facilities*
=================
Size                : 3,500 square meters

Other Contact Details
------------------------------
Tel. no.            : 11-361514
Fax no.             : 11-300839
Email address : tbdinter@magicnet.mn; tbd_anduud@01019freenet.de

 

 

 

TRADE REFERENCES

 

 

*Associations*
===========
Member of :
- Mongolian National Chamber of Commerce & Industry

 

 

 

RELATED PARTIES(Subsidiaries , Joint-ventures & Affiliates)

 

Company Name

:

TBD ANDUUD GMBH

Global Identifier

:

P0871682

Address

:

Wolliner Strasse 5 Berlin 10435 Germany

Country

:

Germany

Relationship

:

Subsidiary

Legal Form

:

Private Limited Company

Company Type

:

Trader

Industry

:

Food Products

 

 

 

 

RELATED PARTIES DESCRIPTION

 

 

*Major Shareholders*
=================
Shareholder's Name                             % of Shares                  
--------------------------                              ----------------
Ms. Sodnompil Baasankhuu                        90.00
Undisclosed investors                                  10.00

*Strategic Partners & Alliances*
==========================
Group name        : TBD ANDUUD Group
Details                 : - The group has diversified investments in sectors such as financial, agriculture, flourmill,
                                 meat production.
                               - It has built up close business links with both European and domestic companies.
                               - The group joins the MONKHANGAI Group, which runs the largest chain store in
                                  Mongolia for various investment projects.

 

 

SHAREHOLDERS

 

Total number of shareholders

:

2

Total number of shares

:

n/a

 

No.

Shareholders

Shares

Number

Amount

%

1

Ms. Sodnompil Baasankhuu

n/a

n/a

90.00

2

Undisclosed investors

n/a

n/a

10.00

 

 

 

 

LOCAL DISTRIBUTION & WAREHOUSING

 

 

*Local Distribution Network*
=======================
Majority of the annual turnover is attributed to local sales.

 

 

 

INTERNATIONAL TRADE : ACTIVITY & MARKETS

 

 

Exporting to Asia
Exporting to Europe
Exporting to Germany
Importing from Asia

 

 

 

INTERNATIONAL TRADE ACTIVITY DESCRIPTION

 

 

*Export Markets*
=============
Part of the annual turnover is attributed to export.

 

 

 

 

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

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

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