MIRA
INFORM REPORT
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Report Date : |
09.01.2007 |
IDENTIFICATION
DETAILS
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Name : |
Ellice-Oceania International |
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Registered Office : |
Manjuri Bhaban (3rd Floor), 8, DIT Avenue Ext. East Motijheel Commercial Area, Dhaka-1000 |
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Country : |
Bangladesh |
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Date of Incorporation : |
May, 1990 |
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Legal Form : |
Proprietorship Concern |
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Line of Business : |
Importing
and exporting of Spray Machines and Garments Items. |
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 : |
Regular |
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Litigation : |
Clear |
Report on
Ellice-Oceania International
Address
Manjuri Bhaban (3rd Floor),
8, DIT Avenue Ext. East
Motijheel Commercial Area,
Dhaka-1000,
Bangladesh.
Telephones : 880-2-9565029, 9568308
Fax : 880-2-9569268,9347399
E-mail : ellice@bttb.net.bd
seamark786@yahoo.com
SUMMARY
Established : May, 1990
Incorporation No. : N/A
Incorporation Dated : N/A
Proprietor & CEO : Mr. A. K. M. Yousuf Khan
Employees
5
Executives- 1
Sales Staffs- 2
General Staffs- 2
BANK
Al-Arafa Islami Bank Limited
Corporate Branch,
Motijheel Commercial Area,
Dhaka,
FACTORY
N/A
OVERSEAS OFFICE
6, Philot Street,
London E 1 2DW,
UK,
Tel.44-027-791-5060
63, Avenue Due 08 Mai 1945
91120-Palaiseau,
France,
Tel/Fax.33-1-6019-2743
PROPRIETOR
Mr. A. K. M. Yousuf
HISTORY
The subject was established in Dhaka city by Mr. A. K. M. Yousuf in May, 1990.
BUSINESS
The company is engaged as importing and exporting of trading.
ITEM DEALING IN
Import: Spray Machines
Export: Garments Items
MAIN FOREIGN
PRINCIPALS
UK
Japan
Korea
Germany
France
TERMS OF PAYMENT
Cash
Credit
NAME OF GROUP
NILL
SISTER CONCERN
Sea-Mark
International, Dhaka
Trade
Inter-Ocean, Dhaka
MEMBER
Dhaka Chamber of Commerce & Industries, Dhaka
LEGAL FORM
The subject is a Proprietorship Concern
FINANCIAL
INFORMATION
2005 2004 2002
Capital
Invested Tk.5 million Tk.
5 million Tk.5 million
Turnover
Tk.25 million Tk.24.5 million Tk.24.8 million
Liability NIL
NIL NIL
Fixed
Assets Tk.5 million Tk.5 million Tk.4 million
CAPITAL STRUCTURE
Authorized
Capital : N/A
Paid up
Capital : N/A
Each
share value : N/A
EXCHANGE RATE
GB
Pound 1.00=Tk.129.1870
US
Dollar 1.00=Tk. 68.6654
Europe
Euro 1.00=Tk. 87.0154
Japanese
Yen 1.00=Tk. 0.5831
Australian
Dollar 1.00=Tk.
52.3228
COMMENTS
The
subject is a proprietorship concern engaged in the business of import and
export. The concern is quite well known in the local market.
Mr. A.
K. M. Yousuf Khan, the proprietor of the concern is well conversant in his line
of trade.
The
concern is good is okay for normal business engagements.
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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