MIRA INFORM REPORT
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Report Date : |
01.12.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
THE ACME LABORATORIES LIMITED |
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Registered Office : |
Court De La Acme, 1/4, Mirpur Road, Kallayanpur,
Dhaka 1207 |
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Country : |
Bangladesh |
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Date of Incorporation : |
17.03.1976 |
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Com. Reg. No.: |
C-4745 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacturing, Selling & Exporting of Pharmaceutical products |
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No. of Employees
: |
1800 Persons |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
US$ 30,000.00 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Bangladesh |
b1 |
b1 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
COMPANY DETAILS
|
Name |
The Acme
Laboratories Limited |
|
Address |
Court
de la ACME, 1/4, Mirpur Road, Kallayanpur, Dhaka 1207 Note: The subject operates from this address. |
|
Country |
Bangladesh |
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Telephone No |
880-2-9004194-6 |
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Fax No |
880-2-9016872,
8012475, 9016515 |
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E-Mail |
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|
Website |
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Established |
1954 (As
Partnership Company) |
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Company Registration No |
C-4745 |
|
Registration date |
17th
March 1976 (As Private Limited Company)
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|
Legal Status |
Private Limited |
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Issuing Authority |
The
Registrar of Joint Stock Companies & Firms, Dhaka |
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Business Type |
Manufacturing,
Exporting & Selling |
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Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from
local suppliers or banks. |
LOCATIONS
|
Head Office |
Court de la ACME, 1/4, Mirpur
Road, Kallayanpur, Dhaka 1207 |
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Telephone No |
880-2-9004194-6 |
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Fax No |
880-2-9016872,
8012475, 9016515 |
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E-Mail |
|
|
Website |
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Branch |
4 Dhaka 4 Chittagong 4 Rajshahi 4 Barishal 4 Jessore 4 Comilla 4 Khulna 4 Rangpur 4 Sylhet |
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Factory |
Dhuli
Vita, Dhamrai, Dhaka |
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Factory Telephone No |
NIL |
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Factory Fax No |
NIL |
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Warehouse |
Dhuli Vita,
Dhamrai, Dhaka |
DIRECTORS
|
Name |
Mr. Nasir-ur Rahman Sinha |
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Designation |
Chairman |
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Nationality |
Bangladeshi |
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Name |
Mr. Mizanur Rahman
Sinha |
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Designation |
Managing
Director |
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Nationality |
Bangladeshi |
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Name |
Mr. Afzalur Rahman
Sinha |
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Designation |
Deputy Managing
Director |
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Nationality |
Bangladeshi |
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Name |
Dr. Jabilur
Rahman Sinha |
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Designation |
Deputy Managing
Director |
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Nationality |
Bangladeshi |
SHAREHOLDERS
|
Name |
Mr. Nasir-ur Rahman Sinha |
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Share Percent |
30% |
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Nationality |
Bangladeshi |
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Name |
Mr. Mizanur Rahman
Sinha |
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Share Percent |
40% |
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Nationality |
Bangladeshi |
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Name |
Mr. Afzalur Rahman
Sinha |
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Share Percent |
20% |
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Nationality |
Bangladeshi |
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Name |
Dr. Jabilur
Rahman Sinha |
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Share Percent |
10% |
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Nationality |
Bangladeshi |
BUSINESS DETAILS
|
Line of Business |
Manufacturing,
Selling & Exporting |
|
Items Dealing In |
Pharmaceutical
products |
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Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
|
Terms of
Purchase |
Local: Cash or Credit Export: Against L/C |
BANKERS
|
Name |
Dutch Bangla
Bank Limited |
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Branch |
Local Office Branch |
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Address |
Motijheel Commercial Area, Dhaka |
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SWIFT |
N/A |
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Name |
Stadard
Chartered Bank |
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Branch |
Motijheel Branch |
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Address |
Motijheel Commercial Area, Dhaka |
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SWIFT |
N/A |
FINANCIAL INFORMATION
|
Year |
2010 |
2009 |
2008 |
|
Investment |
Tk.68 million |
Tk.65 million |
Tk.65 million |
|
Turnover |
Tk.525.5 million |
Tk.523.7 million |
Tk.523 million |
|
Liability |
Tk.11.8 million |
Tk.13.4 million |
Tk.14 million |
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Assets |
Tk.95 million |
Tk.92 million |
Tk.92 million |
CAPITAL STRUCTURE
|
Authorized
Capital |
Tk.1billion |
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Paid Up Capital |
Tk.15 million |
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Each Share Value |
Tk.100.00 |
EXCHANGE RATE
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
120.0640 |
|
U.S Dollar |
1 |
76.9000 |
|
European Euro |
1 |
102.5231 |
ADVERSE DATA MONITORING
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Dishonored
Checks |
No Found |
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Debt |
No Records Found |
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Litigation |
No Records Found |
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Performance
Defaults |
No Records Found |
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Adverse Press
Coverage |
No Records Found |
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Money Laundering |
No Records Found |
MAXIMUM RECOMMENDED CREDIT
|
Amount |
Based On |
|
US$ 30,000.00 |
90 days |
GENERAL INFORMATION
|
Employees |
1,800 |
|
Office Area (Sq.
Ft) |
4,500 sq.ft (owned) |
|
Factory Area
(Sq. Ft) |
2.3 acres of land (owned) |
|
Warehouse Area
(Sq. Ft) |
8,500 sq.ft (owned) |
|
Range of
Products |
4 Human
Health Products 4 Herbal
Products 4 Animal
Health Products |
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Major
Clients |
4 Local
Medical 4 Local
Specialized Hospitals 4 Local
Consumer |
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Export Market |
4 Hong
Kong 4 Pakistan 4 India 4 Myanmar 4 Nepal 4 Philippines 4 Sri Lanka 4 Vietnam 4 Malta 4 Bhutan 4 Afghanistan 4 Uzbekistan |
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Raw Materials
From |
4 BASF-Germany 4 Roche-Switzerland 4 Novertis-Pakistan 4 Pfizer-USA 4 GSK-UK |
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Certifications |
4 ISO 9001:2008 |
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Group Name |
4 Acme Group |
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Subsidiaries /
Affiliates |
4 The ACME Specialized Pharmaceuticals Ltd 4 The ACMUNIO International Pvt.
Ltd 4 The ACME Agrovet & Beverage Ltd 4 The ACME IT Ltd 4 Sinha Printers Ltd 4 ACME Overseas Trading Ltd 4 Mars Aviation Ltd 4 Mars Universal Ltd 4 Mars Air Ltd |
|
Member |
4 Bangladesh Association of
Pharmaceutical Industries, Dhaka 4 Dhaka Chamber of Commerce &
Industries, Dhaka |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.17 |
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UK Pound |
1 |
Rs.81.29 |
|
Euro |
1 |
Rs.69.47 |
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 |
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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 |
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.