MIRA INFORM REPORT

 

 

Report Date :

15.06.2007

 

IDENTIFICATION DETAILS

 

Name :

EL WAHA MEDICAL SUPPLY

 

 

Registered Office :

Janzour Area, Tripoli

 

 

Country :

Libya

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NR

 

RATING

STATUS

PROPOSED CREDIT LINE

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

Status :

Undetermined

 

 


Company Name

 

EL WAHA MEDICAL SUPPLY

 

 

Address

 

Janzour Area

City: Tripoli

Country: Libya

Telephone Number(s): 218214894361/4774281

Fax Number(s): 218214894361

 

 

Based on the investigation details you have provided we have been unable to provide you with a full    report on the company you are investigating due to the following reasons:

 

 

Database:

 

  We do not hold any information on the company you are investigating in our database Declined:

 

  On contacting a company official we have been refused /declined any information and are unable to compile a report

 

 

Company Principals/shareholders:

 

  Local reporters have obtained the following information on the company principals/shareholders: Dr. El Sharef Dress, chairman

 

 

Free text:

 

  Local reporter's comments: It was reported that the company's telephone number are ( 218 21 4894361/4897006/4897008 ) & the supplied telephone number within the original query ( 218 21 4774281 ) doesn't related to the company.

 

It was reported that the company started on 2003, as a private limited company and the registered capital was 100.000 Libyan Dinar.

 

In the interview conducted with Dr. El Sharef Dress, chairman, he declined any information citing the grounds of company confidentiality, stating that he was too busy to provide us with any information.

 

Local company’s registry is inaccessible to inspect subject's file, therefore, we are unable to collect data concerning the subject you are investigating.

 


 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions