MIRA
INFORM REPORT
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Report Date : |
07.11.2008 |
IDENTIFICATION
DETAILS
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Name : |
JOHN W ROBERTS AND COMPANY |
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Registered Office : |
No. 51 and 52, Majestic Plaza, 2nd Floor, 118, General Patters
Road, Chennai-600002, Tamilnadu |
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Country : |
India |
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Financials (as on) : |
31.03.2008 |
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Year of Establishment : |
1949 |
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IEC No.: |
0495017922 |
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PAN No.: [Permanent
Account No.] |
AAAFJ3934A |
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Legal Form : |
Partnership Concern with an unlimited liability of the partners. |
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Line of Business : |
Manufacturer and Importer of Pool Tables |
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 Concern |
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Payment Behaviour : |
Slow but Correct |
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Litigation : |
Clear |
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Comments : |
Subject is a small concern in its field, not much known. Trade relations are fair. Payments are reported as slow but correct. The concern can be considered for small business dealings at usual
trade terms and conditions. |
INFORMATION PARTED
BY
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Name : |
Mr. Sayed Sulaiman |
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Designation : |
Partner |
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Contact No.: |
91-9840063440 |
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Date : |
17.10.2008 |
LOCATIONS
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Registered Office : |
No. 51 and 52, Majestic Plaza, 2nd Floor, 118, General
Patters Road, Chennai-600002, Tamilnadu, India |
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Tel. No.: |
91-44-28602589/ 42630653 |
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Mobile No.: |
91-9840063440/ 9840257653/ 9380229000 |
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E-Mail : |
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Website : |
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Area : |
500 sq.ft (Rented) |
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Factory : |
48/1, Perumal Kovil Street, Arumanthai Village, Ridhius,
Chennai-600067, Tamilnadu, India |
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Area : |
5000 sq.ft ( Owned) |
PARTNERS
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Name : |
Mr. Sayed Kaleen |
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Designation : |
Partner |
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Date of Birth/Age : |
26 Years |
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Qualification : |
B.C.A |
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Name : |
Mrs. Meher Unissa |
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Designation : |
Partner |
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Date of Birth/Age : |
72 Years |
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Qualification : |
B.A |
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Name : |
Mr. Sayed Mlenir |
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Designation : |
Partner |
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Date of Birth/Age : |
60 Years |
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Qualification : |
B.Com |
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Name : |
Mr. Syed Sulaiman |
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Designation : |
Partner |
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Date of Birth/Age : |
39 Years |
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Qualification : |
12th Pass |
BUSINESS DETAILS
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Line of Business : |
Manufacturer and Importer of Pool Tables |
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Products : |
·
Carom Table ·
Pool Table ·
Cue ·
Carom Balls ·
Pocket Rails ·
Snooker Balls ·
Score Board ·
Snooker Table |
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Imports : |
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Countries : |
·
Singapore ·
England ·
Belgium |
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Terms : |
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Selling : |
Cheque / D/D |
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Purchasing : |
Cheque / D/D |
GENERAL
INFORMATION
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Customers : |
Retailers |
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No. of Employees : |
7 |
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Bankers : |
State Bank of India, Mount Road Branch, Chennai, Tamilnadu, India |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Mr. Ravi Chartered Accountant |
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Address : |
Chennai |
CAPITAL STRUCTURE
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Capital Investment : |
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Owned : |
Not Available |
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Borrowed : |
Not Available |
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Total : |
Not Available |
FINANCIAL DATA
[all figures are in Rupees Millions]
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Particulars |
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31.03.2008 |
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Sales Turnover |
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1.000 |
Expected Sales (2008-09) : Rs. 1.500 Millions
LOCAL AGENCY
FURTHER INFORMATION
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Additional
Requirement of Indiamart for Trust-Seal |
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VAT / TIN : 33750600497 |
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IEC Code : 0495017922 |
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PAN / TAN : AAAFJ3934A |
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Bank Name : State Bank of India |
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Bank Address : Mount Road Branch |
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Bank A/c. No.: 10457372769 |
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Account Since : 30 Years |
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Trade References:
·
Obroi Hotels
·
Residency Towers
·
Madras Gymkhana Club
AS PER WEBSITE:
Profile:
John Roberts came over from England and started John Roberts at Chennai.
The year was 1857. He had a mission of converting the nation to SPORTS! Syed Ismail
took the charge of his dream afterwards. At present, the managing partner
Mrs.Meher Unissa is successfully continuing the same hallowed tradition.
Chennai or anywhere in India – the products adorn the recreational sections of
numerous organisations and institutes. The supply network works like a dream
and they assure a hassle-free delivery. You can avail the services by paying
cash. Or else, they also accept demand draft, money transfer through bank and
letter of credit.
CMT REPORT
(Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject are
derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE
GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.47.67 |
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UK Pound |
1 |
Rs.75.47 |
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Euro |
1 |
Rs.61.19 |
SCORE & RATING
EXPLANATIONS
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SCORE FACTORS |
RANGE |
POINTS |
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HISTORY |
1~10 |
3 |
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PAID-UP CAPITAL |
1~10 |
3 |
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OPERATING SCALE |
1~10 |
3 |
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FINANCIAL CONDITION |
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--BUSINESS SCALE |
1~10 |
3 |
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--PROFITABILIRY |
1~10 |
3 |
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--LIQUIDITY |
1~10 |
3 |
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--LEVERAGE |
1~10 |
3 |
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--RESERVES |
1~10 |
3 |
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--CREDIT LINES |
1~10 |
3 |
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--MARGINS |
-5~5 |
-- |
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DEMERIT POINTS |
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--BANK CHARGES |
YES/NO |
NO |
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--LITIGATION |
YES/NO |
NO |
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--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
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MERIT POINTS |
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--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
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--EXPORT ACTIVITIES |
YES/NO |
NO |
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--AFFILIATION |
YES/NO |
NO |
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--LISTED |
YES/NO |
NO |
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--OTHER MERIT FACTORS |
YES/NO |
YES |
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TOTAL |
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27 |
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%)
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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