MIRA
INFORM REPORT
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Report Date : |
26.12.2011 |
IDENTIFICATION DETAILS
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Name : |
rad shrimanco llc |
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Registered Office : |
207A Banyas Bldg., Banyas Road, P O Box 6348, Dubai |
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Country : |
United Arab Emirates |
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Date of Incorporation : |
1975 |
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Legal Form : |
-- |
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Line of Business : |
Providing all sorts of food products which are used by many
industries, restaurants, factories, recombining plants |
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No. of Employees : |
11-50 people |
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 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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UAE |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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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 |
SUMMARY
Company Name : rad shrimanco llc
Country of Origin : Dubai, United Arab Emirates
Legal Form : -
Establishment : 1975
Total Workforce : 11 – 50 people
Activities :
Providing
all sorts of food products which are used by many industries, restaurants,
factories, recombining plants
company name
rad shrimanco llc
Company address
Address : 207A Banyas Bldg., Banyas Road, P O
Box 6348, Dubai
Tel. No. : 9714-2212257
Fax No. : 9714-2211064
Email : rad@cmirates.net.ac
Web Site : www.radshrimancollc.com
Branches : USA, Kuwait, India
KEY PRINCIPALS
Name Position
Mr. Naren Shrimanker Legal Representative
Activates
Providing all sorts of food products which are used by many industries,
restaurants, factories, recombining plants
Products: Nuts
Dried Gourment Fruits
Dairy products
Coffee
Product Supply : Meddle East, Asia,
Europe, USA and South America
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.52.72 |
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1 |
Rs.82.70 |
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Euro |
1 |
Rs.68.90 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 |
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<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.