MIRA INFORM REPORT

 

 

Report Date :

25.04.2007

 

IDENTIFICATION DETAILS

 

Name :

MOAWIA EL BERIER GROUP OF COMPANIES

 

 

Registered Office :

Al Gamhouria Street, P O Box 3058, Khartoum

 

 

Country :

Sudan

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NR

 

RATING

STATUS

PROPOSED CREDIT LINE

NR

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

No Rating

 

Status :

Undetermined - Not a Legal Entity

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

 


COMPANY NAME

 

MOAWIA EL BERIER GROUP OF COMPANIES

 

 

ADDRESS

 

Physical Address

 

Location            : Al Gamhouria Street

PO Box             : 3058

Town                 : Khartoum

Country             : Sudan

Telephone         : (249-183) 442508

Facsimile          : (249-183) 442509

 

 

KEY PRINCIPALS

 

·       Moawia Ahmed El Berier                                            Chairman

 

 

LEGAL FORM & OWNERS

 

Registration Details     : Moawia El Berier Group Of Companies is not a legal entity but

  refers to a group of companies owned either fully or partly by Mr

  Moawia Ahmed El Berier. This group of companies first began

  trading in 1984.

                       

                                      The Moawia El Berier group of companies consists of the following

  concerns:

 

  -  Omdurman Co For Production Of Soap & Chemicals

  -  Mamoun El Berier Food Industries Ltd

  -  Oranga For Juice & Foodstuff Packing Ltd

 

 

AFFILIATED COMPANIES

 

·       Omdurman Co For Production Of Soap & Chemicals

     Al Baraka Tower, 2nd Floor, Flat No. 503

     Kasr Street

     PO Box: 2157

     Khartoum

     Tel: (249-11) 784222 / 774239

     Fax: (249-11) 781541

 

·       Mamoun El Berier Food Industries Ltd

PO Box : 2157

Khartoum

Tel : (249-11) 778081

Fax : (249-11) 785914

 

·       Oranga For Juice & Foodstuff Packing Ltd

New Industrial Area, Sibag El Khalil

PO Box 3058

Khartoum

Tel: (249-183) 442508

Fax: (249-183) 442509

Email: mberierg@sudanmail.net

 

 

GENERAL COMMENTS

 

Opinion on the credit figure of US$ 1,000,000:

 

Moawia El Berier Group Of Companies is not a legal entity but refers to a group of companies

owned either fully or partly by Mr Moawia Ahmed El Berier.

 

Please let us know if you require a report on any of the above companies.

 

The matter of trade credit should not arise as the subject is not a separate legal entity.

 


 

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

 

 

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 and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

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