MIRA INFORM REPORT

 

 

Report Date :

28.11.2007

 

IDENTIFICATION DETAILS

 

Name :

EAST CANTONMENTS PHARMACY LTD

 

 

Registered Office :

P. O. Box GP 20149, Accra

 

 

Country :

Ghana

 

 

Date of Incorporation :

1994

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacturers, Importers and Exporters of Pharmaceutical Drugs, Cosmetics & sundries.

 

RATING & COMMENTS

 

Revised MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear


name

 

EAST CANTONMENTS PHARMACY LTD

 

 

postal ADDRESS

 

P. O. Box GP20149, Accra, Ghana

Tel. No.:            +233-(0)21-248-757
                        +233-(0)21-249-358.
                        +233-(0)21-772-620

Mobile No.:                              

Fax No.:            +233-(0)21-772-620/ 249358       

E-Mail :             info@eastcantomentspharmacy.com

                        sales@eastcantomentspharmacy.com   

                        eastcant@africaonline.com.gh

Website :          http://www.eastcantonmentspharmacy.com

Area :                Small

Location :          Owned            

 

 

branches

 

Retail Branch:

 

No. 123 Giffard Road, East Cantonments, Accra, Ghana

Wholesale Branch:

 

119 Kwame Nkrumah Ave., Adabraka, Accra, Ghana

 

Kumasi Branch

 

Bimpe Hill 2, 24th Feb Road, P. O. Box SA 232, Kumasi

Tel. No. : [051]-47618

Fax No. : [051] – 47618

Mobile : [024] – 4370662 / [020] - 8171692

 

 

date of incorporation

 

1994

 

 

 

legal form

 

Limited Liability Company

 

 

directors

 

Mr. Ebenezer Bediako Amoafo-Hene – Managing Director

Mrs. Gladys Bediako Amoafo-Hene – Director

 

 

BUSINESS

 

Manufacturers, Importers and Exporters of Pharmaceutical Drugs, Cosmetics & sundries.

 

 

exports to

 

Switzerland

Belgium

U.K.

Slovenia

 

 

imports from

 

U.S.A.

 

 

no. of employees

 

41

 

 

trade references

 

Ø       Mepha, Switzerland

 

Ø       Janssen Cilag, Belgium

 

Ø       Vitabiotics Ltd, U.K. and U.S.A.

 

Ø       Krka, Slovenia

 

 

suppliers

 

Ø       Digitalix Ltd, Ghana

 

 

bankers

 

Barclays Bank International, Ghana

 

 

financials

 

We are trying for some financial details and if available, will follow, soon.

 


 

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.

 

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