MIRA INFORM REPORT

 

 

 

Report Date :

22.09.2008

 

IDENTIFICATION DETAILS

 

Name :
OXFORD UNIVERSITY PRESS

 

 

Registered Office :

Plot No. 38, Sector 15, Korangi Industrial Area, P.O. Box 8214, Karachi-74900

 

 

Country :

Pakistan

 

 

Date of Incorporation :

1975

 

 

Legal Form :

University Press

 

 

Line of Business :

Importer / Stockiest , Distributors and Sale of International Books

 

 

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

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

Business Name

 
OXFORD UNIVERSITY PRESS

 

 

Full Address       

 

Registered Address

Plot No. 38, Sector 15, Korangi Industrial Area, P.O. Box 8214, Karachi-74900, Pakistan

           

Tel

92 (21) 5051522, 5051523

Fax

92 (21) 5055071

Email

oxford@apollo.net.pk,

oxford@brain.net.pk

 

 

Short Description Of Business

 

Nature of Business           

Importer / Stockiest & Distributors

Year Established

1975

 

 

Branches

 

Address

52-G, Gulberg III, Lahore, Pakistan

Tel #

92 (42) 5846231, 5846232

Fax #

92 (42) 5850357

 

Address

7, Shalimar Plaza, Jinnah Avenue, 99-West, Blue Area, Islamabad, Pakistan

Tel #

92 (51) 2822796, 2822795

Fax #

92 (51) 2277328

 

 

Details of Management

 

Names

Nationality

Address

Designation

Mr. Muhammad Arshad

 

 

Mr. Mukaram M. A. Siddiqui

 

 

Mrs. Atika Mustafa

Pakistani

 

 

 

Pakistani

 

 

 

Pakistani

Plot No. 38, Sector 15, Korangi Industrial Area, Karachi

 

Plot No. 38, Sector 15, Korangi Industrial Area, Karachi

 

Plot No. 38, Sector 15, Korangi Industrial Area, Karachi

CEO

 

 

 

Director

 

 

 

Director

Associates                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     

 

A.         Subsidiary

 

                    None                                      

           

B.         Associated Companies

 

                  - Do -

 

 

Overall Review

 

Importer / Stockiest & Distributors of Books related to Finance, Education, Science & Technology, Information Technology etc

 

 

Staff Strength 

 

100

 

 

Annual Sales Volume

 

Year

In Pak Rupees

2006 - 2007

100,000,000/- (Estimated)

 

 

Agencies (Foreign)

 

Subject Company represents more than 50 foreign publishers in Pakistan, based in UK, Europe, USA, Singapore & India etc.              

 

 

Customers

 

Mainly Universities, Public & Private Libraries, Banks & DFI’s, Educational Institutes etc

 

 

Bankers

 

1)       ABN AMRO Bank, Pakistan.

2)       Standard Chartered Bank, Pakistan.

3)       Citibank N.A., Pakistan.

 

 

 

Foreign Exchange Rates

 

Currency

 

Unit

Pakistani Rupee

US Dollar

1

           Rs. 77.70

UK Pound

1

           Rs. 139.40

Euro

1

           Rs. 110.40

 

 

Comments

 

Subject Company was established in 1975 and is engaged in distribution & sale of International books. Trade relations are reported as fair. Subject can be considered for normal business dealings at usual trade terms and conditions.

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.46.32

UK Pound

1

Rs.83.57

Euro

1

Rs.65.90

 

 

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