MIRA
INFORM REPORT
|
Report Date : |
14.07.2007 |
IDENTIFICATION DETAILS
|
Name : |
TUSHIG CO LTD |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
28.12.1995 |
|
|
|
|
Com. Reg. No.: |
MN-03927 DATED 28 12 1995 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Importer Agents Distributor Marketing And General Merchant,
Foodstuff Cosmetics Apparel And Fashion Garments Shoes Textiles Leather
Products Luggage Bags And |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
90000 CAN |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
COMPANY NAME
TUSHIG CO LTD
ADDRESS
SUKHBAATAR DIST
Registered address
AT HEADING ADDRESS
Operating Address
AT HEADING ADDRESS
Telephone - (976-11) 312247
315392 99296297 315973 99168054
Fax - [976-11]
312247
Telex NONE
Branches
AT
AT SUKHBAATAR KHOROO-3 KHOROOLOL 5
Factory
NONE
Date,
Established
28 12 1995
Incorporation No
MN-03927 DATED 28 12 1995
Legal Status
PRIVATE LIMITED COMPANY
Businesses
IMPORTER AGENTS DISTRIBUTOR MARKETING AND GENERAL MERCHANT, FOODSTUFF
COSMETICS APPAREL AND FASHION GARMENTS SHOES TEXTILES LEATHER PRODUCTS LUGGAGE
BAGS AND
Board of Directors
G SUKHEE – PRESIDENT
MRS B.SUKHEE
G BATTUSHIG
J BAYARAA
Bankers
MONGOLIAM FOREIGN TRADE BANK ULANBAATAR
Payments
PROMPT
Financial Position
VERY GOOD ADEQUATE RESOURCES AVAILABLE
Shareholders
G SUKHEE 50 MRS B SUKHEE 50
Associates
TUSHIG FOOTWEAR CO
TUSHIG SUPERMARKET,
TUSHIGBUYNT” FOOD INDUSTRY
History
REPUTED CO
Buying/Selling term
PER 100% IRREVOCABLE AND CONFIRMED L/C AT SIGHT DRWAN BASIS
Credit Maximum [USD]
90000 CAN BE GRANTED ON MUTUAL AGREED SECURED AND PROTECTED TERM
Export to
NONE
Import from
Agency
NONE
Trade Suppliers
NONE
Premises
OWNED BY SUBJECT
Employs
50 +
Member
OF A LOCAL CHAMBER OF COMMERCE AND OTHER TRADE ASSOCIATIONS
Sources
REPORT IS PRODUCED FROM COLLECTIVE RESULTS OF LOCAL AGENTS
Remarks
SUBJECT IS CONSIDERED TO BE GOOD FOR ANY
Capital as at
31 12
FIXED ASSETS 1500.00
INVESTMENTS 512.60
CURRENT ASSETS 3519.20
TOTAL 5531.80
LESS
CURRENT LIABILITIES 506.80
NET ASSETS 5025.00
FINANCED BY
PAID UP 300.00
ESERVES/SURPLUS 2925.75
DEFERRED LIABILITIES 1799.25
TOTAL 5025.00
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average/normal. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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%)