MIRA INFORM REPORT
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Report Date : |
30.07.2011 |
IDENTIFICATION DETAILS
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Name : |
DARWISH TRADING CO WLL |
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Registered Office : |
PO Box 92, Doha |
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Country : |
Qatar |
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Year of Establishment : |
1911 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Wholesale and retail trade in office equipment,
electrical and electronic equipment, building materials, lighting products, paint,
air conditioning equipment, construction plant, domestic appliances,
commercial kitchen and laundry installations, cables, switchgear, accessories
and tools, tyres and automotive batteries, communication and security
systems, medical equipment |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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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 – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Qatar |
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 |
Company name & address
Darwish Trading Co WLL
PO Box 92
Doha,
Qatar
Tel: 974 4442 2781
Fax: 974 4441 7599
synthesis
Employees: NA
Company Type: Private Subsidiary
Corporate Family: 6
Companies
Ultimate Parent: Kassem
Darwish Fakhroo & Sons
Incorporation Date: 1911
Reporting Currency: Qatari
Rial
Annual Sales: NA
Total Assets: NA
Business Description
Wholesale and
retail trade in office equipment, electrical and electronic equipment, building
materials, lighting products, paint, air conditioning equipment, construction
plant, domestic appliances, commercial kitchen and laundry installations,
cables, switchgear, accessories and tools, tyres and automotive batteries,
communication and security systems, medical equipment
Industry
Industry Miscellaneous Capital Goods
ANZSIC 2006: 3419 - Other
Specialised Industrial Machinery and Equipment Wholesaling
NACE 2002: 5187 - Wholesale
of other machinery for use in industry, trade and navigation
NAICS 2002: 423830 -
Industrial Machinery and Equipment Merchant Wholesalers
UK SIC 2003: 5187 - Wholesale
of other machinery for use in industry, trade and navigation
US SIC 1987: 5084 - Industrial
Machinery and Equipment
Key Executives
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Name |
Title |
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Saleh Chehade |
General Manager |
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Mohammed Ashfaq Saeed |
Manager of Electrical Systems and Trading
Division |
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Perwaze Alam |
Servicing Executive |
1 - Profit & Loss Item Exchange Rate: USD 1 = QAR
2 - Balance Sheet Item Exchange Rate: USD 1 = QAR
Corporate Overview
Location
PO Box 92
Doha, Qatar
Tel: 974 4442 2781
Fax: 974 4441 7599
Sales QAR(mil): NA
Assets QAR(mil): NA
Employees: NA
Industry: Miscellaneous
Capital Goods
Incorporation Date: 1911
Company Type: Private
Subsidiary
Quoted Status: Not
Quoted
General Manager: Saleh
Chehade
Contents
· Industry Codes
· Business Description
Industry Codes
ANZSIC 2006 Codes:
3494 - Other Electrical and Electronic Goods Wholesaling
3491 - Professional and Scientific Goods Wholesaling
3339 - Other Hardware Goods Wholesaling
3419 - Other Specialised Industrial Machinery and Equipment
Wholesaling
3492 - Computer and Computer Peripheral Wholesaling
NACE 2002 Codes:
5184 - Wholesale of computers, computer peripheral equipment and
software
5146 - Wholesale of pharmaceutical goods
5153 - Wholesale of wood, construction materials and sanitary
equipment
5187 - Wholesale of other machinery for use in industry, trade and
navigation
NAICS 2002 Codes:
423450 - Medical, Dental, and Hospital Equipment and Supplies Merchant
Wholesalers
423320 - Brick, Stone, and Related Construction Material Merchant
Wholesalers
423610 - Electrical Apparatus and Equipment, Wiring Supplies, and
Related Equipment Merchant Wholesalers
423830 - Industrial Machinery and Equipment Merchant Wholesalers
423430 - Computer and Computer Peripheral Equipment and Software
Merchant Wholesalers
US SIC 1987:
5063 - Electrical Apparatus and Equipment Wiring Supplies, and
Construction Materials
5032 - Brick, Stone, and Related Construction Materials
5045 - Computers and Computer Peripheral Equipment and Software
5047 - Medical, Dental, and Hospital Equipment and Supplies
5084 - Industrial Machinery and Equipment
UK SIC 2003:
5146 - Wholesale of pharmaceutical goods
5187 - Wholesale of other machinery for use in industry, trade and
navigation
5153 - Wholesale of wood, construction materials and sanitary
equipment
5184 - Wholesale of computers, computer peripheral equipment and
software
Business
Description
Wholesale and
retail trade in office equipment, electrical and electronic equipment, building
materials, lighting products, paint, air conditioning equipment, construction
plant, domestic appliances, commercial kitchen and laundry installations,
cables, switchgear, accessories and tools, tyres and automotive batteries,
communication and security systems, medical equipment
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Corporate
Family |
Corporate
Structure News: |
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Darwish Trading
Co WLL |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Doha |
Qatar |
Construction Services |
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1,000 |
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Subsidiary |
Doha |
Qatar |
Personal Services |
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150 |
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Subsidiary |
Doha |
Qatar |
Construction Services |
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150 |
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Subsidiary |
Doha |
Qatar |
Construction Services |
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45 |
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Subsidiary |
Doha |
Qatar |
Hotels and Motels |
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Subsidiary |
Doha |
Qatar |
Miscellaneous Capital Goods |
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Executive report
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Executives |
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General Manager |
Division Head Executive |
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Manager of Electrical Systems and Trading
Division |
Division Head Executive |
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Servicing Executive |
Administration Executive |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.16 |
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UK Pound |
1 |
Rs.72.10 |
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Euro |
1 |
Rs.63.10 |
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.