MIRA INFORM REPORT

 

 

Report Date :

16.01.2007

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

No Trace

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

 

GENERAL OBSERVATIONS

 

 

COMPANY NAME

 

AZO GLOBAL PLC

 

 

ADDRESS

 

P.O. Box           :  18162

Town                 :  Addis Ababa

Country             :  Ethiopia

Telephone         :  00 251 211 5510304

Fax                   :  00 251 112767626

E-Mail               :  hhm@telecom.net.et

 

 

PRINCIPAL BANKERS

 

NAME               : BANK OF ABYSSINIA

Building             : Markato TNA Bldg, G/F

Branch              : Negaqras 

P.O. Box           : 12947

Town                 : Addis Ababa

 

You indicated that subject's bankers are as above. This bank has been approached, however its official declined to provide any information due to a privacy policy.

 

 

GENERAL INFORMATION

 

Our sources report that the name "Azo Global Plc" cannot be traced at the local Chamber of Commerce.

 

No full address or telephone or fax number is listed for the company under the name "Azo Global Plc" and Subject's name does not appear in reference books or trade directories consulted.

 

Despite numerous enquiries being made we have been unable to establish the precise nature or extent of the company's present operations.

 

Recently, approaches have been made to the above P.O. Box number to obtain a written statement but the subject has not responded.

 

The Postal Authorities in Addis Ababa will not divulge information regarding the ownership of P.O. Box numbers.

 

The telephone number which you provided, 251 211 5510304 is incorrect and should be 251 11 551 304. However, efforts to contact the company on this number have been unsuccessful as it is continuously  unattended. The fax number given 00 251 112767626 is also unattended. Email massages sent to the email address given by you have gone unanswered.

 

The particulars you have provided are insufficient to locate the company and efforts to obtain the company's present physical address have not proved successful.

 

If you can supply a photocopy of subject's letterhead, a current telephone or fax number for the company, a new investigation will be undertaken.

 

Credit Opinion requested: maximum

 

Trade risk assessment: No classification