MIRA
INFORM REPORT
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Report Date : |
28.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
M.H. YAHYA |
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Registered Office : |
Room # 4, 1st
Floor, Sheristan Building, Stratchen Road, Karachi |
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Country : |
Pakistan |
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Date of Incorporation : |
1993 |
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Legal Form : |
Proprietorship |
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Line of Business : |
Import & Trading of all type of
Chemicals |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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. |
Small |
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Status : |
Small Concern |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Business Name
M.H. YAHYA
Full Address
Registered Address
Room # 4, 1st Floor,
Sheristan Building, Stratchen Road, Karachi, Pakistan
Tel 92 (21) 2639373, 2639372
Fax 92 (21) 2637156
Email mhyahya@cyber.net.pk
Short Description Of Business
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Nature of Business |
Import & Trading of all type of
Chemicals |
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Year Established |
1993 |
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National Tax # |
0945128 |
Branches
None
Legal Status
Subject Concern was established as a Proprietorship business in 1993
Details of Proprietor
|
Names |
Nationality |
Address |
Occupation |
Designation |
|
Mr. Hafiz Muhammad Yahya |
Pakistani |
Room # 4, 1st Floor, Sheristan Building, Stratchen
Road, Karachi |
Business |
Proprietor |
Business Activities
Subject Concern is engaged in the business as import & trading of all type of Chemicals (Including Pharmaceutical Raw Material, Food Chemicals).
It purchases against L/C basis.
It sells against Cash / Credit terms.
It’s mainly import from China, India, Singapore.
Its major customers are Traders, Pharmaceutical Manufacturers, Food Companies.
Subject operates from caption leased office premises of area measuring 700 Sq.ft. which is situated in commercial area.
Subject employs about 3 persons in its set up.
Annual Sales Volume
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Year |
In Pak Rupees |
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2006 |
30,000,000/- (Estimated) |
Trade Suppliers (Foreign)
ETS EXPRESS PTE LIMITED, SINGAPORE.
PT-GENERAL FOOD INDUSTRIES, SINGAPORE.
Bankers
Habib Bank Limited, Pakistan.
Faysal Bank Limited, Pakistan.
MCB Bank Limited, Pakistan.
Foreign Exchange Rates
|
Currency |
Unit |
Pakistani Rupee |
|
US Dollar |
1 |
Rs. 61.05 |
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UK Pound |
1 |
Rs. 121.50 |
|
Euro |
1 |
Rs. 88.45 |
Comments
Subject Concern was established in 1993 and is engaged in import & trading of all type of Chemicals. Market reputation is good. Trade relations are reported as fair. Subject Concern 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. |
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 |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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%)