MIRA
INFORM REPORT
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Report Date : |
29.09.2007 |
IDENTIFICATION DETAILS
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Name : |
AFRICANA COMPANY FOR IMPORT OF FOODSTUFF |
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Registered Office : |
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Country : |
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RATING & COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Undetermined |
Investigation
Details
Company Name: AFRICANA COMPANY FOR IMPORT OF FOODSTUFF
Address: *
City:
Country:
Telephone Number(s): 9080767/9080737
Fax Number(s): 0913764117
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:
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: Mr.
Saad El Obrouky, general manager
Company activities:
■ The company you are
investigating is believed to be involved with: Importer and distributor of
foodstuff products Free text:
■ Local reporter's
comments: In the interview conducted with Mr. Saad El Obrouky, general manager,
he declined any information citing the grounds of company confidentiality.
It was reported that the supplied telephone ( 218 61 9080767 ) and
fax number ( 218 61 9080737 ), within the original query was for the "
Wekalet EL Gawda for Custom Clearance ". And the supplied mobile number (
218 91 3764117 ), was for Mr. Mohamed El Gargy, one of the company's members.
A letter for information was sent 'africana_co@yahoo.co.uk',
however, no reply was received as of yet.
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
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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%)