MIRA
INFORM REPORT
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Report Date : |
03.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
BIOGENTICA LTD |
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Formerly Known as : |
TRIGRAM LIMITED |
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Registered Office : |
Office 704, 36, Vyronos Avenue1096 Nicosia |
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Country : |
Cyprus |
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Date of Incorporation : |
01.01.1997 |
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Com. Reg. No.: |
C89743 Nicosia |
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Legal Form : |
Private Limited
Liability Company / International Business Company (IBC) |
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Line of Business : |
Drugs, Drug Proprietaries, and Druggists' Sundries |
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 : |
Unknown |
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Litigation : |
Clear |
NAME & ADDRESS
Correct Registered
Name: BIOGENETICA LIMITED
Address: Office
704, 36, Vyronos Avenue
1096 Nicosia CYPRUS
P.O.Box: 21341 - 1506
Nicosia
Telephone: +357-22-22677000
Fax: +357-22-22670040
Email: sarrilaw@spidernet.com.cy
Web: www.sarris.com.cy
LEGAL STATUS
Legal Form: Private Limited
Liability Company / International Business Company (IBC)
Date of
foundation: 01.01.1997
Registration
number and city: C89743 Nicosia
Registration date:
20.10.1997
Present Style
Adopted on: 05.11.2003
Former
registration name: TRIGRAM
LIMITED, valid since: 20.10.1997, until: 05.11.2003
Former company names: TRIGRAM LIMITED
PAYMENT
Unknown
GOOD FOR AMOUNT & TERMS OF INQUIRY:
Unable to comment
Given the fact that no financial statements is available to us at this stage we
cannot comment on the amount given in your inquiry.
COMMERCIAL MORALITY:
Unknown
FINANCIAL STRENGTH:
Unknown
PRINCIPALS
SHAREHOLDERS:
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Full Name |
Function |
Nationality |
EQUITY |
Address |
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SELESTA HOLDING CO LIMITED |
Shareholder |
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100.00% |
Nicosia Tower Centre, 8th Floor, Apt 801, 36, Vyronos Avenue |
MANAGEMENT
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Full Name |
Age |
Function |
Qualification |
Experience |
Address |
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Mr. Malammad Imran Alan |
36 |
Director |
N/A |
N/A |
Kumblia Maina Hat,Avaria, Bilar |
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Ms. Christina Sarri |
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Secretary |
Degree in Law |
N/A |
Nicosia Tower Center, 8th Floor, Apt. 8, 36,
Vyronos Avenue |
OPERATIONS
SIC
5122 Drugs, Drug Proprietaries, and Druggists' Sundries
According to the Article of Associations the current company deals with the trade
and distribution of of medical equipment although this was not confirmed.
However the article makes provision for other activities as well.
IMPORTS
INDIA
Payment terms:
Special Agreements
EXPORTS
UKRAINE
Payment terms:
Special Agreements
To: Unknown.
Terms: Unknown.
AGENCIES
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NUMBER OF EMPLOYEES
Unknown
DESCRIPTION OF PREMISES
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Address: |
Office 704, 36, Vyronos Avenue |
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Type of premises: |
Premises |
HEADQUARTERS
Please note that we have not been able to trace offices of the company in
Cyprus. The address given above is that of the company's Registered Address,
which is also that of the company's Lawyes' and Official Correspondance
Address.
BRANCHES
Unknown.
RELATED COMPANIES
Holding Company
SELESTA HOLDING CO LIMITED , CYPRUS
BANKERS
Unknown.
SHARE CAPITAL
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CHARGES
None in current years
FINANCE
Please note that no further detailed Financial Information is available. No
published Final Accounts were filled in the company’s file kept with the local
official companies’ registry, as the law provides for all companies
GENERAL COMMENTS
We have tried to trace company's local offices with no success thus we
have the impression that the subject utilizes staff from legal advisor Polakis
Sarris & Co. In addition company's representatives were contacted Polakis
Sarris & Co where Ms Christina Minaedou refused to provide us with any
information regarding the subject due to the confidentiality policy owed to
their client. We have the impression that the company is an International
Business Company registered in Cyprus and it does not maintain offices of its own,
but this was not confirmed. However a questionnaire was sent but there was no
response yet.
Contact Person: Ms Christina Minaedou
Position: Company's representative
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.43.21 |
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UK Pound |
1 |
Rs.85.72 |
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Euro |
1 |
Rs.67.92 |
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%)