MIRA
INFORM REPORT
|
Report Date : |
02.08.2011 |
IDENTIFICATION DETAILS
|
Name : |
INTERBRAND SAL |
|
|
|
|
Registered Office : |
Interbrand Building Street No. 54, Area No. 3, Zouk Khrab, Dbayeh PO Box 70725 Beirut |
|
|
|
|
Country : |
Lebanon |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
06.06.1994 |
|
|
|
|
Com. Reg. No.: |
52490, Baabda |
|
|
|
|
Legal Form : |
Lebanese Joint Stock Company |
|
|
|
|
Line of Business : |
Production and export of fruit juices and tomato ketchup. |
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 |
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Lebanon |
C1 |
C1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SUMMARY
Company Name : INTERBRAND SAL
Country of Origin : Lebanon
Legal Form : Lebanese Joint Stock Company
Start Date : 1964
Registration Date : 6th June 1994
Commercial Registration Number : 52490, Baabda
Issued Capital : LP 8,100,000,000
Paid up Capital : LP 8,100,000,000
Total Workforce : 220
Activities : Production and export of fruit juices and tomato ketchup.
Financial Condition : Fair
Payments : Nothing detrimental uncovered
Operating Trend : Steady
COMPANY NAME
INTERBRAND SAL
ADDRESS
Registered & Physical Address
Building : Interbrand
Building
Area : Street No. 54,
Area No. 3, Zouk Khrab, Dbayeh
PO Box : 70725
Town : Beirut
Country : Lebanon
Telephone : (961-4) 541707
Facsimile : (961-4) 542922
Email : interbrand@interbrand.com.lb
Premises
Subject operates from a large suite of offices and a factory that are
owned and located in the Industrial Area of Beirut.
Branch Office (s)
Location Description
· Tripoli Sales
Office
· Rmeileh Sales
Office
KEY PRINCIPALS
Name Position
· André-Alain A Tabourian Managing
Director
· Nina N Demirdjian Director
· André-Marc A Tabourian Director
· Ralph Chartouny Marketing
Manager
· Emad Al Shaar Production
Manager
· Hagoub Yapotjian Finance
Manager
LEGAL FORM & OWNERS
Date of
Establishment : 1964, however
subject was registered on 6th June 1994
Legal Form : Lebanese Joint
Stock Company
Commercial Reg.
No. : 52490, Baabda
Issued Capital : LP 8,100,000,000
Paid up Capital : LP 8,100,000,000
Name of Shareholder (s)
· André-Alain A Tabourian
· Nina N Demirdjian
· André-Marc A Tabourian
OPERATIONS
Activities: Engaged in the production and export of fruit juices and
tomato ketchup.
Import Countries: United States of America,
United Kingdom, Thailand, Indonesia and South Africa.
Brand Names: LIBBY'S, X-TRA, BONJUS,
SANNINE and RC
Operating Trend: Steady
Subject has a workforce of approximately 220 employees.
FINANCIAL DATA
Financial highlights provided by local sources are given below:
Currency: Lebanese Pounds (LP)
Year
Ending 31/12/09: Year
Ending 31/12/10:
Total Sales LP
13,150,000,000 LP
13,800,000,000
Local sources consider subject’s financial condition to be Fair.
The above financial figures are based on estimations by our local
sources.
BANKERS
·
HSBC Bank Middle East
PO Box: 111380
Beirut
Tel: (961-1)
425296
Fax: (961-1)
425295
·
Byblos Bank Sal
PO Box: 115605
Beirut
Tel: (961-1)
898200
Fax: (961-1)
898209
·
Bank Med Sal
PO Box: 11348
Beirut
Tel: (961-1) 866925
Fax: (961-1) 866925
PAYMENT HISTORY
No complaints regarding subject’s payments have been reported.
GENERAL COMMENTS
During the course of this investigation nothing detrimental was uncovered
regarding subject’s operating history or the manner in which payments are
fulfilled. As such the company is considered to be a fair trade risk.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.05 |
|
|
1 |
Rs.72.40 |
|
Euro |
1 |
Rs.63.46 |
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 |
|
-- |
NB |
New Business |
-- |
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.