MIRA INFORM REPORT

 

 

Report Date :           

22.06.2011

 

IDENTIFICATION DETAILS

 

Name :

DOST KHAIR MOHAMMAD LIMITED

 

 

Registered Office :

4 Floor, Miskenyar Market, Jadah E Miwand, Kabul

 

 

Country :

Afghanistan

 

 

Date of Incorporation :

18.08.2007

 

 

Com. Reg. No.:

691846

 

 

Legal Form :

Private Liability Company

 

 

Line of Business :

Supplier of all kinds of products based on the demands of its clients, particular in building materials, machineries and etc.

 

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 :

EUR2,000.00

Status :

Moderate

Payment Behaviour :

Unknown

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)

Afghanistan

c2

c2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 Bottom of Form

 

 

REGISTERED NAME & COMPANY SUMMARY

 

Company Name:          Dost Khair Mohammad Limited

Company acronym:     -

Contact Information

Address

4 Floor, Miskenyar Market, Jadah E Miwand

Kabul , Afghanistan

Postal Address

-

Telephone

+93 20 2500538

Fax

+93 20 2500538

Email

 -

Website

-

Registration Data

 

Date of start

18/08/2007

Registration number

691846

Legal address

4 Floor, Miskenyar Market, Jadah E Miwand

Kabul , Afghanistan

Legal Form

Private Liability Company

Authorized Capital

180,000.00 AFN

Other Registration Data

-

 

 

CREDIT RECOMENDATION

 

Current Credit Limit: EUR2,000.00

 

 

DIRECTORS/MANAGEMENT

 

Board/Executive

Name

Mr. Khair Mohammad

Position within the company

General Manager

Country of Birth

Afghanistan 

Nationality

Afghan  

Can fluently speak

English

 

Name

Mr. Haidar Safi

Position within the company

Director

Country of Birth

Afghanistan 

Nationality

Afghan  

Can fluently speak

English

 

Name

Mr. Yasin Abdullah

Position within the company

Office Manager

Country of Birth

Afghanistan 

Nationality

Afghan  

Can fluently speak

English

 

NEGATIVE INFORMATION

 

No negative information found.

 

 

SHARE & SHARE CAPITAL INFORMATION

 

Authorized Capital

180,000.00 AFN

 

Shareholders with Shares

Shareholder Names

Share%

Khair Mohammad family

Afghanistan

 

100%

 

PAYMENT INFORMATION

 

Litigation, Remarks on Payment

Litigation

None Recorded

Remarks on Payment

No Complaints

 

Export/Import ( Countries, goods and total values for the period)

Imports From

USA, UK

Importing Terms

Letters of Credit

Import % and type of product

100%- Finished Goods  

 

Exports To

-

Exporting Terms

-

Export % and type of product

-

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Subsidiaries and Participation

Affiliates

-

Associated

-

 

 

FINANCIAL INFORMATION

 

It declined it.

 

FOREIGN EXCHANGE RATES

 

Na

 

 

ADDITIONAL INFORMATION

 

Changes in Registration Data

None recorded

 

Activities ( realistic and officials)

Supplier of all kinds of products based on the demands of its clients, particular in building materials, machineries and etc.

Staff

Number of staff employed

5

 

Export/Import ( Countries, goods and total values for the period)

Imports From

USA, UK

Importing Terms

Letters of Credit

Import % and type of product

100%- Finished Goods  

 

Exports To

-

Exporting Terms

-

Export % and type of product

-

 

Facilities

Rented

Offices, Warehouse

Premises Size

- 

 

Branches

Address

-

 

Bankers

Bank

National Bank of Afghanistan

Branch

-

Address

-

Telephone

-

 

Suppliers, Partners

Suppliers

-

Partners

-

 

Representation

Auditors

-

Solicitors

-

 

NOTES & COMMENTS

 

Comments

In the interview conducted with Mr. Yasin Abdullah (Director )he refused to cooperate with us.

Note: the registered name of company is Dost Khair Mohammad Limited.

Owner/Shareholders Comments

All or most of the owners / shareholders have an active participation in the running of the business.

Age of Business

Under 5 Year

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.91

UK Pound

1

Rs.72.90

Euro

1

Rs.64.48

 

 

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.