MIRA INFORM REPORT
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Report Date : |
11.03.2011 |
IDENTIFICATION DETAILS
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Name : |
YASIR |
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Registered Office : |
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Country : |
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Year of Establishment : |
2001 |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Proprietorship Concern |
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Line of Business : |
Importer & Seller of fertilizers, chemicals, poultry feed, fish
feed, food grains & other related products |
RATING & COMMENTS
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MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
US$ 10,000.00 |
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Status : |
Small Company |
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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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
|
b1 |
b1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
CONCERN DETAILS
|
Name |
Yasir Enterprise |
|
Address |
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Country |
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Telephone No |
880-31-635842,
621461, 815812 |
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Fax No |
880-31-621461 |
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E-Mail |
|
|
Website |
NIL |
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Established |
2001 |
|
Legal Status |
Proprietorship |
|
Business Type |
Importer & Seller |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints
have been heard regarding payments from local suppliers or banks. |
LOCATIONS
|
Head Office |
|
|
Telephone No |
880-31-635842, 621461,
815812 |
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Fax No |
880-31-621461 |
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E-Mail |
|
|
Website |
NIL |
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Branch |
NIL |
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Factory |
N/A |
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Factory Telephone No |
N/A |
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Factory Fax No |
N/A |
|
Warehouse |
|
PROPRIETOR
|
Name |
Mr. Mozahar
Hossain |
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Designation |
Proprietor |
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Nationality |
Bangladeshi |
BUSINESS DETAILS
|
Line of Business |
Importer & Seller |
|
Items Dealing In |
Chemicals &
Others |
|
Terms of Purchase |
Import: Against L/C |
|
Terms of |
Local: Cash or Credit |
BANKERS
|
Name |
AB Bank Limited |
|
Branch |
Agrabad Branch |
|
Address |
Agrabad C/A, |
|
SWIFT |
N/A |
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|
|
|
Name |
EXIM Bank
Limited |
|
Branch |
Agrabad Branch |
|
Address |
Agrabad C/A, |
|
SWIFT |
N/A |
FINANCIAL INFORMATION
|
Year |
2009 |
2008 |
2007 |
|
Investment |
Tk.8.6 million |
Tk.7 million |
Tk.7 million |
|
Turnover |
Tk.51 million |
Tk.50.4 million |
Tk.50 million |
|
Liability |
NIL |
NIL |
NIL |
|
Assets |
Tk.10s million |
Tk.8 million |
Tk.8 million |
CAPITAL STRUCTURE
|
Authorized
Capital |
N/A |
|
Paid Up Capital |
N/A |
|
Each Share Value |
N/A |
EXCHANGE RATE
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
|
1 |
115.6391 |
|
U.S Dollar |
1 |
71.5500 |
|
European Euro |
1 |
99.4903 |
ADVERSE DATA MONITORING
|
Dishonored
Checks |
No Found |
|
Debt |
No Records Found |
|
Litigation |
No Records Found |
|
Performance
Defaults |
No Records Found |
|
Adverse Press
Coverage |
No Records Found |
|
Money Laundering |
No Records Found |
MAXIMUM RECOMMENDED CREDIT
|
Amount |
Based On |
|
US$ 10,000.00 |
90 Days |
GENERAL INFORMATION
|
Employees |
16 |
|
Office Area (Sq.
Ft) |
780 sq.ft (rented) |
|
Factory Area
(Sq. Ft) |
N/A |
|
Warehouse Area
(Sq. Ft) |
1,500 sq.ft.(rented) |
|
|
4 Chemicals
4 TSP Fertilizer 4 Poultry Feed 4 Fish Feed 4 Food Grains |
|
Imported
From |
4 4 4 4 4 4 |
|
Certifications |
NIL |
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Group Name |
NIL |
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Subsidiaries /
Affiliates |
NIL |
|
Member |
4 |
COMMENTS
The subject is a proprietorship concern engaged as importer
& seller of fertilizers, chemicals, poultry feed, fish feed, food grains
& other related products in local market. Their imported items are sold all
over Chittagong District.
The proprietor is conversant in their line of trade and he
is also experienced businessman. He is financially solvent and good at his
business commitments, it is reported.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.11 |
|
|
1 |
Rs.72.91 |
|
Euro |
1 |
Rs.62.56 |
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 |
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.