MIRA INFORM REPORT
|
Report Date : |
09.04.2011 |
IDENTIFICATION DETAILS
|
Name : |
ALAM |
|
|
|
|
Registered Office : |
Suit-605,(5th Floor), House No.21, Road No.7/D, Sector -9, |
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|
|
|
Country : |
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|
|
|
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Date of Incorporation : |
June 1998 |
|
|
|
|
Legal Form : |
Proprietorship Concern
|
|
|
|
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Line of Business : |
Representative & Marketing Agent of Overseas Manufacturer |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
US$ 15,000.00 |
|
Status : |
Small Concern |
|
Payment
Behaviour : |
No Complaints |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
|
b1 |
b1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
CONCERN DETAILS
|
Name |
Alam Enterprise |
|
Address |
Suit-605,(5th
Floor), House No.21, Road No.7/D, Sector -9, |
|
Country |
|
|
Telephone No |
880-2- 8957684, 8915997 |
|
Fax No |
880-2- 8915997 |
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E-Mail |
|
|
Website |
|
|
Established |
June 1998 |
|
Concern Registration No |
NIL |
|
Registration date |
NIL |
|
Legal Status |
Proprietorship Concern |
|
Issuing Authority |
NIL |
|
Business Type |
Representative
& Marketing Agent of Overseas Manufacturer |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from local suppliers or banks. |
LOCATIONS
|
Head Office |
Suit-605,(5th
Floor), House No.21, Road No.7/D, Sector -9, |
|
Telephone No |
880-2- 8957684, 8915997 |
|
Fax No |
880-2- 8915997 |
|
E-Mail |
ayasser@bangla.net, alamenterprise@yahoo.com |
|
Website |
www.alamenterprisebd.com |
|
Branch |
Kashana, |
|
Factory |
NIL |
|
Factory Telephone No |
NIL |
|
Factory Fax No |
NIL |
|
Warehouse |
Apt No. A-1,
House No.18, Road No.7/C, Sector-9, Tel/Fax:
88-02-8915997 |
PROPRIETOR
|
Name |
Mr. Syed Yaserul
Alam |
|
Designation |
Proprietor |
|
Nationality |
Bangladeshi |
BUSINESS DETAILS
|
Line of Business |
Representative
& Marketing Agent of Overseas Manufacturer |
|
Items Dealing In |
Security
Products |
|
Terms of Purchase |
Import: Against L/C |
|
Terms of |
Local: Cash or Credit |
BANKERS
|
Name |
Pubali Bank
Limited |
|
Branch |
|
|
Address |
|
|
SWIFT |
N/A |
|
|
|
|
Name |
Dutch Bangla
Bank Limited |
|
Branch |
Uttara Branch |
|
Address |
Uttara, |
|
SWIFT |
N/A |
FINANCIAL INFORMATION
|
Year |
2009 |
2008 |
2007 |
|
Investment |
Tk.14 million |
Tk.12 million |
Tk.12 million |
|
Turnover |
Tk.104 million |
Tk.102.4 million |
Tk.102 million |
|
Liability |
NIL |
NIL |
NIL |
|
Assets |
Tk.20 million |
Tk.18 million |
Tk.18 million |
CAPITAL STRUCTURE
|
Authorized
Capital |
N/A |
|
Paid Up Capital |
N/A |
|
Each Share Value |
N/A |
EXCHANGE RATE
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
|
1 |
118.9678 |
|
U.S Dollar |
1 |
72.8300 |
|
European Euro |
1 |
104.3945 |
ADVERSE DATA MONITORING
|
Dishonored
Checks |
No Found |
|
Debt |
No Records Found |
|
Litigation |
No Records Found |
|
Performance
Defaults |
No Records Found |
|
Adverse Press
Coverage |
No Records Found |
|
Money Laundering |
No Records Found |
MAXIMUM RECOMMENDED CREDIT
|
Amount |
Based On |
|
US$ 15,000.00 |
90 days |
GENERAL INFORMATION
|
Employees |
15 |
|
Office Area (Sq.
Ft) |
1,500 sq.ft (rented) |
|
Factory Area
(Sq. Ft) |
N/A |
|
Warehouse Area
(Sq. Ft) |
2,500 sq.ft (rented) |
|
|
4 Metal Detectors 4 Main Detectors 4 Archway
Walk 4 Through
Doors 4 Aviation
Special Equipments 4 Air
Crafts Refuellers 4 Jet
Fuels 4 Purification
Plant & Spares 4 Aviation
Hose Pipes 4 Aviation
Filters 4 Gate
Valves 4 Aviation
Flow Control 4 Avionics
Items |
|
Major Foreign
Principals |
4 Garrett
– U.S.A 4 Faudi Aviatier - 4 Elsflex – 4 Novotech – 4 Fluid Transfer-UK |
|
Major Clients |
4 Director General
of Defense Purchase 4 Civil Aviation
Authority of 4 Director General
of Fire Service 4 Ministry of
Defense 4 |
|
Certifications |
NIL |
|
Group Name |
NIL |
|
Subsidiaries /
Affiliates |
NIL |
|
Member |
4 Dhaka Chamber of Commerce & industries, |
COMMENTS
The subject is a proprietorship concern
engaged in marketing of various specialized equipments. They are enlisted with
major government agencies as suppliers.
The proprietor is well conversant in his line
of trade and is also an experienced businessman. He is reported to be
financially solvent and good at his business commitments.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.04 |
|
|
1 |
Rs.72.20 |
|
Euro |
1 |
Rs.63.40 |
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 |
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 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.