MIRA
INFORM REPORT
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Report Date : |
22.10.2007 |
IDENTIFICATION DETAILS
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Name : |
IMPERIAL EDUCATION CONSULTANTS (PRIVATE) LIMITED |
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Registered Office : |
Plot # 78, 3rd Floor Commercial Area , Cavalry Ground, |
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Country : |
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Date of Incorporation : |
2005 |
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Com. Reg. No.: |
0049437 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Engaged in Tuition/Coaching Services |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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. |
Small |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Business Name
IMPERIAL EDUCATION CONSULTANTS (PRIVATE) LIMITED
Full Address
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Registered
Address |
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Plot # 78, 3rd Floor Commercial Area , Cavalry Ground, |
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Tel |
92 (42) 6670759 |
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Fax |
92 (42) 6670759 |
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Email |
Short Description Of
Business
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Nature of Business |
Engaged in
Tuition/Coaching Services |
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Year Established |
2005 |
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Registration # |
0049437 |
Branches
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Address |
321, 3rd Floor, |
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Tel # |
92 (51) 4846785 |
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Address |
117-F, Raja Centre, Main Market, Gulberg II, |
Auditors
Muhammad Siddique
(Chartered
Accountants)
88/4,
Legal Status
Subject was established as a Private Limited Company in 2005
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Authorized Capital |
Rs. 1,000,000/- divided into 5,000 shares of
Rs. 200/- each |
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Issued & Paid up Capital |
Rs. 400,000/- divided into 2,000 shares of Rs. 200/- each |
Details of Directors
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Names |
Nationality |
Address |
Occupation |
Designation |
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Mr. Zaheer Abbas Ranjha Mr. Muhammad Furqan |
Pakistani Pakistani |
117-F
Raja Centre, Main Market Gulberg II, 117-F
Raja Centre, Main Market Gulberg II, |
Business Business |
Chief Executive Director |
Shareholders
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Names |
No. of Shares |
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Mr. Zaheer Abbas Ranjha Mr. Muhammad Furqan |
1,800 200 |
Associates
A. Subsidiary
None
B. Associated Companies
- Do -
Business Activities
Subject is engaged in Tuition/Coaching Services related to ACCA, CIMA. Also involved in preparation of International Exams such as SAT 1, SAT 2, GMAT, GRE, TOEFL, IELTS & Career Counseling, recently started ‘O’ level & ‘A’ level classes.
Subject Faculty comprises of Qualified Teachers & Skilled Staff.
Its major clientele are Individual Students, Corporate Banks etc.
Subject operates from caption leased office premises of area measuring 1,700 Sq.ft. which is situated in commercial area.
Subject employs about 13 persons in its set up.
Annual Fees /
Revenue
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Year |
In Pak Rupees |
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2007 |
Not ascertained as the subject is a new establishment |
Bankers
Bank Alfalah Limited,
Askari Commercial Bank Limited,
Bank Alhabib Limited,
Foreign Exchange
Rates
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Currency |
Unit |
Pakistani Rupee |
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US Dollar |
1 |
Rs. 60.65 |
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1 |
Rs. 123.75 |
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Euro |
1 |
Rs. 86.25 |
Comments
Subject is a good educational institute. Overall reputation is normal. Subject can be considered for moderate business engagements / affiliations at usual terms and conditions.
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. |
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%)