MIRA
INFORM REPORT
|
Report Date : |
11.09.2008 |
IDENTIFICATION
DETAILS
|
Name : |
INTERNATIONAL QUALITY MANAGEMENT SOLUTIONS |
|
|
|
|
Registered Office : |
55/3, 1st Floor, Old Gandhi Nagar, Ghaziabad – 201 001,
Uttar Pradesh |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as on) : |
31.03.2008 |
|
|
|
|
Year of Establishment : |
2002 |
|
|
|
|
PAN No.: [Permanent
Account No.] |
AGIPK8690C |
|
|
|
|
Legal Form : |
Sole Proprietory Concern |
|
|
|
|
Line of Business : |
Consultancy Services for Quality Management for Various International
Standard Details and Training Centre. |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 2500 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a marketing and consultancy concern. Its trade relations
are fair. Payments are usually correct and as per commitments. Nothing
adverse reported. The concern can be considered normal for business dealings at usual
trade terms and conditions. |
INFORMATION PARTED
BY
|
Name : |
Mr. Sameer Kumar |
|
Designation : |
Proprietor |
|
Date : |
23.08.2008 |
LOCATIONS
|
Registered Office : |
55/3, 1st Floor, Old Gandhi Nagar, Ghaziabad – 201 001,
Uttar Pradesh, India |
|
Tel. No.: |
91-120-4373979 |
|
Mobile No.: |
91-9811411428 |
|
Fax No.: |
91-120-4373979 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
100 Sq. Yards |
|
Location : |
Owned |
|
|
|
|
Branch Office : |
Gensco Corporate Center, 70, Nehru Place, New Delhi – 110 019, India |
|
Tel. No.: |
91-11-26209226/ 66619226 |
|
|
|
|
Branch Office : |
Karama Training Centre, P O Box – 92429, Dubai, UAE |
|
Mobile No.: |
+971-55-9690475 |
|
|
|
|
Branch Office : |
Karama Training Centre, P O Box – 27102, Sharjah, UAE |
PROPRIETOR
|
Name : |
Mr. Sameer Kumar |
|
Designation : |
Proprietor |
|
Address : |
P-3, Park View Apartment, Old Gandhi Nagar, Ghaziabad – 201 001, Uttar
Pradesh, India |
|
Date of Birth/Age : |
27.09.1975 |
|
Qualification : |
Post Graduate in Business Administration, B. Sc in Quality Management,
MBA |
|
Experience : |
20 Years |
BUSINESS DETAILS
|
Line of Business : |
Consultancy Services for Quality Management for Various International
Standard Details and Training Centre. |
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit ( 30 days) |
|
|
|
|
Purchasing : |
Cash and Credit ( 30 days) |
GENERAL
INFORMATION
|
Customers : |
v End Users |
|
|
|
|
No. of Employees : |
9 |
|
|
|
|
Bankers : |
v ICICI Bank Ghaziabad – 201 001, Uttar Pradesh, India v Axis Bank Ghaziabad – 201 001, Uttar Pradesh, India v State Bank of
India Miller Gunj, Ludhiana – 141 003, Punjab, India v Emirates Bank Dubai |
|
Banking
Relations : |
Unknown |
|
|
|
|
Auditors : |
|
|
Name : |
K K Kohli and Company Chartered Accountants |
|
Address : |
Ghaziabad – 201 001, Uttar Pradesh, India |
|
|
|
|
Sister Concerns : |
Karama Trading Centre, UAE |
CAPITAL STRUCTURE
|
Proprietor’s Capital: |
|
|
Owned : |
Rs. 0.500 million |
|
Borrowed : |
-- |
|
Total : |
Rs. 0.500 million |
FINANCIAL DATA
[all figures are in Rupees Millions]
SUMMARISED
FIGURES
|
Particulars |
|
31.03.2008 |
31.03.2007 |
|
Proprietor’s Capital |
|
0.500 |
0.450 |
|
|
|
|
|
|
Fixed Assets |
|
1.400 |
1.300 |
|
|
|
|
|
|
Cash and Bank |
|
1.046 |
0.715 |
|
Misc. Expenses |
|
0.080 |
0.105 |
|
|
|
|
|
|
Commission |
|
1.644 |
1.609 |
LOCAL AGENCY
FURTHER INFORMATION
Trade References
v
London Academy of Professional Training
v
Safetix Nid- East FZE, Sharjah
v
BOECHM and Lecker Multi Mounds Private Limited – Colombo
v
Europoxy FZCO, Dubai
v
HCL Info Systems Limited
Trust Seal Acceptance Chart
|
Parameters |
Details |
|
Existence Verification |
|
|
Name |
INTERNATIONAL QUALITY MANAGEMENT SOLUTIONS |
|
Address |
55/3, 1st Floor, Old Gandhi Nagar, Ghaziabad – 201 001,
Uttar Pradesh, India |
|
Tel. No. |
91-120-4373979 |
|
Mobile No |
91-9811411428 |
|
Business |
Consultancy Services for Quality Management for Various International
Standard Details and Training Centre. |
|
|
|
|
Statutory Approvals |
|
|
Legal Status of Firm |
Proprietorship |
|
Income Tax Registration |
AGIPK8690C |
|
Service Tax Registration |
AGIPK8690CST001 |
|
Name of Bank |
v State Bank of
India, State Bank of India Miller Gunj, Ludhiana – 141 003, Punjab, India |
|
Emp PF Reg Number |
ND |
|
Company ESI Reg. Number |
ND |
|
RBI Code Number |
AGIPK8690C |
|
|
|
|
Credibility Factors |
|
|
India Mart Client Since |
New Member |
|
Year of Establishment |
2002 |
|
|
|
|
Trade Affiliations |
|
|
Export Promotion Council |
National Quality Conclave Form |
|
|
|
|
Standards and Certifications |
|
|
Quality Management Systems |
Yes Maintaining Full Quality Control |
|
Safety Certificates |
Yes Maintaining Full Quality Control |
As Per Website Details
Subject was established with a vision to serve the industry and deliver best solutions for Quality Management Systems of International Standards. They render Consulting and Training Services for ISO 9001, ISO14001, ISO/TS 16949, HACCP, ISO 22000, ISO 27001, BS 7799, SA 8000, OHSAS 18001, WHO-GMP, GLP, GPP, CE Mark, PED, ADW 2000, FAMIQS, NAAC, NBA, Lean Manufacturing and Process Improvement etc.
Offices of IQMS and its associates are in India (Ghaziabad, Delhi, Lucknow and
Noida) and UAE (Dubai and Sharjah). Till date they have served more than 300
clients across India, UK (London), UAE (Dubai, Abu Dhabi, Sharjah) and
Singapore.
The ISO Certification Consultancy Services for ISO 9001 certification,
International ISO 14001 certification, QS 9000 certification, etc, are unique,
wherein they provide services from the beginning to the end and they actually
prepare client concern's ISO / Quality policies and procedures to expedite
obtaining an ISO / other quality registrations. They are continuously improving
the proven templates, which are customized to suit client's unique
requirements. Moreover, tools, forms and other resources are constantly being
developed and updated to ensure that the client receives the best possible
service during in the quality standard implementation process.
The unique blend of the ISO consultancy services enables the clients to benefit
from the experience, knowledge, network and learning in other services and
hence build and enhance competitive advantage. They have a team of experienced
professional in ISO 9001 certification, ISO 14001 certification, QS 9000
certification and other certification, whose aim is to convert understanding of
information, industries and business trends into value for client.
Team of Experts
The competency is derived from
rapid performance-based, industry-tailored and technology-enabled consultants
and training services delivered by the team of experts. The professionals are
grouped by industry focus and deliver customised solutions to the clients. The
internal information technology and knowledge management systems enable the
delivery of informed and timely services to clients.
They work with a motto for value addition in the existing management system of
the organization and identify areas where organization could improve
effectiveness in their operation to minimize wastage, rejection and could
improve their marketability.
Following is a list showing some of the consultants and technical experts who
have been continually offering services to the client in industry verticals:
|
Name |
Qualification |
Work Experience |
Consulting Experience |
|
Sameer Kumar |
MBA, Six Sigma Champion, Lead Auditor QMS (ISO 9001:2000) and EMS (ISO14001) QSA, Australia. |
10 Years |
7 Years |
|
Neetiraj Singh |
M. Tech Lead Auditor QMS (ISO 9001:2000) |
10 Years |
3 Years |
|
Sanjay Jolly |
B. Tech, Six Sigma Champion, 9001:2000) |
12 Years |
5 Years |
|
S. K Upadhyay |
M. Tech Lead Auditor QMS, EMS and TS
16949 |
8 Years |
5 Years |
|
Ashish Kumar |
MBA |
5 Years |
4 Years |
|
Dheeraj Srivastava |
MBA |
5 Years |
4 Years |
|
Yuvraj Singh |
MBA EMS) |
8 Years |
4 Years |
|
Shikha Kumar |
MBA EMS) |
6 Years |
2 Years |
Set of Tools and
Techniques
Years of experience led us to
redefine a set of documentation tools and training courses that allow us to
quickly and efficiently prepare the client organizations for various quality
registration like ISO 14001 certification, international ISO 9001
certification, international ISO 9001 2000 certification, international ISO
14001 certification, ISO certification trainings and other international
quality certification. The comprehensive set of documentation tools include
templates for Quality Manuals, Quality Management Procedures, forms,
checklists, process flowcharts, training manuals and other required documents.
As no two management systems are alike, they customize the tools and techniques
to reflect the operations of client's organization.
The training courses emphasize ISO and other quality standards requirements and
provide internal audit instructions which are customized as per client's
requirements. In addition, the training program includes classroom instruction
and internal auditing training at the client's facility so that trainees learn
from the relevancy of their own facility and at the same time satisfy the
requirement of an internal audit.
The documentation tools, training courses and experience encompassing countless
customer audits, allows us to provide a higher quality management system in
less time and cost that could otherwise be achieved.
Holistic Approach
In the efforts to provide the
client concern with the desired services, they ensure to upgrade them selves
with the respective industry trends and developments. Further, they come to
common parlance with the clients regarding their requirements and the services.
After the whole process of consultation and implementation is planned and
decided by both parties, they seamlessly integrate them selves with the client
concern's existing teams.
They ensure that the client considers the team of consultants and trainers as
an extension of their staff dedicated to the creation, implementation and
maintenance of the companies quality management system. The quality management
programmes and on-going services are designed to minimize any disruption in the
day-to-day operations of the client concern. They hold extensive knowledge on
organizational behaviour patterns and are an effective counselor and trainer to
the employees. These attributes enhance the capability to induce quality
control changes comfortably into the on-going work process.
Comprehensively, "Simple and Effective" is the philosophy and practice,
to create a simple yet effective quality management system. The effectiveness
of the system is measured by its ability to achieve continual improvement and
enhance customer satisfaction. They provide the client concern with the
documentation, training and tools necessary to monitor, measure and improve the
effectiveness of the system
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 concern is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
The 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.
The 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
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 45.44 |
|
UK Pound |
1 |
Rs. 79.62 |
|
Euro |
1 |
Rs. 63.48 |
SCORE & RATING
EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
45 |
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
|
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, they have no basis upon which to
recommend credit dealings |
No Rating |
|