MIRA
INFORM REPORT
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Report Date : |
18.05.2007 |
IDENTIFICATION DETAILS
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Name : |
MARTHA CONSTANTINOU (PAKISTANOU) LIMITED |
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Registered Office : |
21, |
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Country : |
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Date of Incorporation : |
1997 |
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Com. Reg. No.: |
C86177 |
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Legal Form : |
Private Limited
Liability Company |
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Line of Business : |
Importers, Distributors, Retailers & Wholesalers of Vitreous Import and trade of Dowry and kitchen products. |
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 |
NAME & ADDRESS
Correct Registered
Name: MARTHA CONSTANTINOU
(PAKISTANOU) LIMITED
Address: 21,
Limassol
3107 Limassol
P. O. Box: N/A - N/A
Telephone: +357-25-584424
+357-99-453659
+357-25-724826
Fax: +357-25-725122
Email: N/A
Web: N/A
LEGAL STATUS
Legal Form: Private Limited
Liability Company
Date of
foundation: 1997
Registration
number and city: C86177 Nicosia
Registration date:
19.05.1997
Former
registration name: MARTHA
CONSTANTINOU LIMITED, valid since: 19.05.1997, until: 29.11.2002
Former company
names: MARTHA CONSTANTINOU
LIMITED
PRINCIPALS
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SHAREHOLDERS: |
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Full Name |
Function |
Nationality |
EQUITY |
Address |
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Mr. Shafi Rashad |
Shareholder |
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50.00% |
23, |
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Ms. Martha Constantinou |
Shareholder |
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50.00% |
23, |
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MANAGEMENT: |
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Full Name |
Age |
Function |
Qualification |
Experience |
Address |
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Mr. Shafi Rashad |
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Director |
N/A |
N/A |
23, |
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Ms. Martha Constantinou |
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Director / Secretary |
N/A |
N/A |
23, |
ACTIVITIES
Importers &
Distributors & Retailers & Wholesalers
OPERATIONS:
SIC
3262 Vitreous China Table and Kitchen Articles
Analysis: Importers (100%)
Distributors
Wholesalers, Retailers of : Dowry and kitchen items
MOTOR VEHICLES
2007
Number of vans owned: 1
Total number of vehicles 1
IMPORTS
Payment terms:
Credit Facilities 90 days
EXPORTS
To: Not Applicable
Terms: Not Applicable
AGENCIES
Name Country Product
Not Disclosed
TRADE SUPPLIERS
Name Country Product
Not Disclosed
NUMBER OF EMPLOYEES
4
DESCRIPTION OF
PREMISES
HEADQUARTERS: The Company operates from rented premises
which are located at the address given overleaf. Premises comprised of offices
and a shop.
BRANCHES
The Company
maintains an owned warehouse in Agios Athanasios Area.
RELATED COMPANIES
None
BANKERS
MARFIN POPULAR BANK PUBLIC LIMITED
Corner Athinon Road &
SHARE CAPITAL
Registered capital: CYP
5,000.00 since 19.05.1997
Number of Ordinary: 5,000
Value per share of Ordinary: CYP
1.00
Issued capital: CYP 5,000.00 since 19.05.1997
Number of Ordinary: 5000
Value per share of Ordinary: CYP 1.00
Paid-up capital: CYP 5,000.00 since 19.05.1997
of which paid in cash: CYP
5,000.00
CHARGES
see details
18.11.2002 Floating CYP 10,000.00 in f/o:Marfin Popular Bank Public Limited
PAYMENT
No complaints
GOOD FOR AMOUNT &
TERMS OF INQUIRY
Unable to comment
Due to the fact that no detailed Financial information was released at this
level, we feel unable to comment on the amount given on your inquiry.
COMMERCIAL MORALITY: Good
FINANCIAL STRENGTH: Good
GENERAL COMMENTS
The present limited
Liability Company was established on 19/05/1997 in order to get involved in the
import and trade of Dowry and kitchen products.
The Company is owned by Ms Martha Conastantinou and her husband Mr Shafi
Rashad. They import mainly from
According to the person interviewed there is a huge competition in the market
and they work hard to keep their business on satisfactory levels.
Contact Person: Ms Martha Constantinou
Position: Director / Secretary
Contact Tel. No.: +357 25584424
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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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%)