MIRA
INFORM REPORT
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Report Date : |
12.07.2007 |
IDENTIFICATION DETAILS
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Name : |
WORLD WIDE PHARMACEUTICALS DISTRIBUTORS |
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Registered Office : |
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Country : |
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Financials (as on) : |
31.03.2007 |
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Date of Incorporation : |
2004 |
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Legal Form : |
Partnership Concern |
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Line of Business : |
Traders and Importers of Pharmaceuticals. |
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 |
LOCATIONS
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Registered Office : |
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Tel. No.: |
00265 1724655 – 00265 172 5109 |
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Mobile No.: |
00265 1725231 |
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Fax No.: |
00 2659 324282 [Mr. Kumar] |
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E-Mail : |
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Area : |
+ 2000 sq. ft. |
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Location : |
Owned [By Partners] |
PARTNERS
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Name : |
Mr. Abdulla Master |
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Designation : |
Partner |
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Name : |
Mr.Ayub Patel |
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Designation : |
Partner |
BUSINESS DETAILS
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Line of Business : |
Traders and Importers of Pharmaceuticals. |
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Imports : |
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Products : |
Pharmaceutical Products |
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Countries : |
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Terms : |
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Selling : |
Cash and Credit [90 days] |
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Purchasing : |
D/A, Credit and L/C [120 days] |
GENERAL INFORMATION
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Customers : |
Wholesalers, Retailers, Government, NGO’s, Private Companies, Doctors
and Pharmacists |
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No. of Employees : |
9 |
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Bankers : |
National Bank of Lilongwex |
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Facilities : |
Credit Limit : Up to US$ 1 millions |
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Banking
Relations : |
-- |
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Associates : |
Worldwide Wholesalers Line of business : Transport, Cloth and Agro Business Nyiombo Investments Line of Business : Distributors for fertilizers |
FINANCIAL DATA
[all figures are
in US$ Millions]
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Particulars |
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31.03.2008
[Expected] |
31.03.2007 |
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Sales Turnover |
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3.400 |
1.600 |
LOCAL AGENCY FURTHER INFORMATION
Trade Reference :
Ø
Kopran Limited, Mumbai
Ø
Torrent Pharmaceuticals Limited, Ahmedabad
Ø
Claris Lifesciences Limited, Ahmedabad
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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