MIRA
INFORM REPORT
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Report Date : |
30th
January, 2007 |
IDENTIFICATION
DETAILS
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Name : |
GLOBAL NETWORK SOLUTIONS |
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Registered Office : |
39 -
40, Almairaj Plaza, Gulberg III, Lahore, Pakistan |
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Country : |
Pakistan |
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Date of Incorporation : |
2002 |
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Legal Form : |
Proprietorship |
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Line of Business : |
Engaged in providing Call Centre Services, Software Development Services, Networking Solution Services |
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
GLOBAL NETWORK SOLUTIONS
Full Address
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Registered
Address |
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39 -
40, Almairaj Plaza, Gulberg III, Lahore, Pakistan |
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Tel |
92 (42) 5787909, 5787981, 5787982, +923334848088 |
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Fax |
92 (42) 5787907 |
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Short Description Of Business
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a. |
Nature of Business |
Engaged in providing Call Centre Services, Software Development Services, Networking Solution Services |
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b. |
Year Established |
2002 |
Overseas Branches
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Address |
10 - Bury Place, Bloomsbury Park WC1A 2JL, Horborne, London |
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Tel # |
+4402078311113 |
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Fax # |
+4407845415897 |
Legal Status
Subject Company was established as a Proprietorship Business in 2002
Details of Proprietor
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Names |
Nationality |
Address |
Occupation |
Designation |
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Mr. Hamid Khan |
Pakistani |
39 - 40, Almairaj Plaza, Gulberg III, Lahore |
Business |
Proprietor |
Associates
A. Subsidiary
None
B. Associated Companies
(1) Global Contact Centre, Pakistan.
Business Activities
Subject Company is engaged in providing Call Centre Services, Software Development Services, Networking Solution Services as well as technical support for those services.
It purchases networking equipments through L/C, D/A basis.
Its’ major customers are Reputable Companies including Banks, I.T. Companies etc
Subject operates from caption leased office premises of area measuring 1,620 Sq.ft. which is situated in commercial plaza.
Subject employs about 30 persons in its set up.
Annual Revenue
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Year |
In Pak Rupees |
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2005 |
20,000,000/- (Estimated) |
Bankers
Faysal Bank Limited, Pakistan.
Bank Alfalah Limited, Pakistan.
Foreign Exchange Rates
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Currency |
Unit |
Pakistani
Rupee |
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US Dollar |
1 |
Rs. 60.87 |
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UK Pound |
1 |
Rs. 119.10 |
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Euro |
1 |
Rs. 78.50 |
Comments
Subject Company was established in 2002 and is mainly engaged in providing Call Centre Services, Software Development Services and
Networking Solution Services. Proprietor is reported as qualified and
experienced professional in this field. 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 |
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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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