MIRA INFORM REPORT

 

 

Report Date :

21.09.2007

 

IDENTIFICATION DETAILS

 

Name :

BDESH TRADING CO LTD

 

 

Registered Office :

02 Street 29 Tonle Bassac, Phnom Penh

 

 

Country :

Cambodia

 

 

Financials (as on) :

31.12.2006

 

 

Date of Incorporation :

27.09.1999                               

 

 

Com. Reg. No.:

029-8113

 

 

Legal Form :

Private Limited Company   

 

 

Line of Business :

Agents Distributors Representatives Importer and General Traders of Pharmaceutical Products

 

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 :

USD 65000

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

name & address

 

BDESH TRADING CO LTD

02 STREET 29 TONLE BASSAC

PHNOM PENH

CAMBODIA

Tel. Nr. : 855 23 210866 [855 12] 875662

Fax Nr. : 855 16 520516 [855 23] 210866

 

 

Registered address

 

AT HEADING ADDRESS

 

 

Operating Address  

 

AT HEADING ADDRESS 

 

 

Branches

 

NONE 

 

 

Factory

 

NONE

 

 

Date, Established

 

27 09 1999                                                          

 

 

Incorporation No    

 

029-8113 DATED 27 09 1999

 

 

Legal Status

 

PRIVATE LIMITED COMPANY   

 

 

 

 

 

Businesses

 

AGENTS DISTRIBUTORS REPRESENTATIVES IMPORTER AND GENERAL TRADERS OF PHARMACEUTICAL PRODUCTS SPECIALITIES PREPARATION CHMICALS MEDICAL SURGICAL CLINICAL EQUIPMENT INSTRUMENT DISPOSEABLE AND STATIONERY STORES AND SUPPLIES DEPARTMENTAL AND SUPERMARKET SUPPLIES AND STORES ELECTRONIC APPLIANCES BEVERAGES FOODS SOFT DRINKS

DETERGENTS SOAPS TOILETERIES COSTUME JEWELLERIES FABRICS CONSUMER NON-CONSUMER GOODS

 

 

Board of Directors

 

M H KABIR – PRESIDENT

VEYTHEEY HENG 

SOMAO AYUOTH 

SOUK KOK TAYY 

 

 

Bankers                     

 

CAMBODIAN PUBLIC BANK LTD PHNOM PENH

UNION COMMERCIAL BANK LTD PHNOM PENH

 

 

Payments

 

PROMPT

 

 

Financial Position

 

VERY GOOD ADEQUATE RESOURCES AVAILABLE

 

 

Shareholders

 

M H KABIR 70 VEYTEEY HENG 30% 

 

 

Associates

 

NONE    

 

 

History

 

REPUTED CO

 

 

Buying/Selling term

 

PER 100% IRREVOCABLE AND CONFIRMED L/C AT SIGHT DRAWN BASIS

 

 

Credit Maximum [USD]   

 

65000 CAN BE GRANTED ON MUTUAL AGREED SECURED AND PROTECTED TERM 

 

 

Imports from            

 

WORLDWIDE    

 

 

Export to

 

NONE  

 

 

Court, bad credit

 

NO COURT ARBITRATION, NON-PAYMENT/LOANS DISPUTE ARE LEARNT

 

 

Agency   

 

NONE 

 

 

Trade Suppliers

 

NONE  

 

 

Premises

 

RENTED BASIS   

 

 

Employs 

 

25 +

 

 

Member            

 

NONE

 

 

Remarks

 

SUBJECT IS CONSIDERED TO BE GOOD FOR ANY NORMAL BUSINESS ENGAGEMENT

 

 

CAPITAL AS AT  31 12 2006 IN KH RIEL  / MILLION

           

PAIDUP                                                  500.00

RESERVE/SURPLUS                            7952.15

DEFERRED LIABILITIES                        5635.85

                                                           14088.00

CAPITAL SOURCES

FIXED ASSETS                                      2500.00

INVESTMENTS                                      1550.00

CURRENT ASSETS                               16541.40

                                                            20591.40

LESS

CURRENT LIABILITIES                           6503.40  

                                                           14088.40 

TURNOVER APPROX                           20000.00

 


 

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.

 

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