MIRA INFORM REPORT
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Report Date : |
03.11.2011 |
IDENTIFICATION DETAILS
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Name : |
GREEN PCB TRONICS CO. LTD |
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Registered Office : |
Bahushi Building, Al‑Bab Al‑Sharqi
, Al‑Tahreer Square , Electronics Center, Baghdad |
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Country : |
Iraq |
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Year of Establishment : |
1993 |
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Legal Form : |
Limited
Liability Company |
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Line of Business : |
Repair of machinery |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Undetermined |
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Payment Behaviour : |
----- |
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Litigation : |
----- |
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) |
|
Iraq |
c2 |
c2 |
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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
Green PCB Tronics
Co. LTD
Registration Briefing
Registration
Number: N/A
Registration Date: 1993
Legal Form: LIMITED LIABILITY
COMPANY
Latest Financials: N/A
Financial Briefing
Nominal Capital: N/A
Issued Capital: N/A
Turnover: N/A
Net Profit: N/A
Net Worth:
Original Investigation Details
Investigation
Number: 143954
Company Name: Green
PCB Tronics Co Ltd
Country: IQ
Street Name: Bahushi
Building, Baghdad,
City Code: Baghdad,
Post Code: P
O Box 5400
Phone Number: +964
1 818 0 043
Fax Number: +964
1 818 0 663
Company Details
Company Name: Green
PCB Tronics Co. LTD
Headquarter
Address: Bahushi
Building,
Al‑Bab
Al‑Sharqi , Al‑Tahreer Square , Electronics Center,
Baghdad,
Iraq
Postal Address: P.O.Box
5400,
Al‑Rasheed
Post Office,
Baghdad
Telephone: +964
18180043
+964
18180974
+964
18852273
Fax: +964
18180663
E‑Mail: ammar@greenpcbtronics.com , info@greenpcbtronics.com
Web Site: www.greenpcbtronics.com
Company was
originally started on 1993
Registration & Legal Details
Current Legal
Form: LIMITED
LIABILITY COMPANY
Registration Date: 1993
Year/Date Company
Established: 1993
Capital
Capital is NOT disclosed.
Shareholders
Information on Shareholders is not
available/applicable
Principals
Name: Mr
Ammar Shaker Mageed Nasir
Position within
the company: General
Manager
Additional
Information: Mob:(+964)7901315974,
Email: ammar@greenpcbtronics.com
Country of Birth: Iraq
Nationality: Iraqi
Can fluently
speak: Arabic
& English
Education: Graduate
University
Family Connections
with: Nasir
Family
Name: Mr
Ali Shaker Mageed Nasir
Additional
Information: Retail
Manager , Mob:(+964)7901451894, Email:
Country of Birth: Iraq
Nationality: Iraqi
Can fluently
speak: Arabic
& English
Education: Graduate
University
Family Connections
with: Nasir
Family
Name: Mr
Mohamed Shaker Mageed Nasir
Position within
the company: Accounting
Manager
Additional
Information: Mob:(+964)7901315966,
Email: mohamed@greenpcbtronics.com
Country of Birth: Iraq
Nationality: Iraqi
Can fluently
speak: Arabic
& English
Education: Graduate
University
Family Connections
with: Nasir
Family
Name: Mr
Anmar Shaker Mageed Nasir
Position within
the company: Technical
Manager
Additional
Information: Tel:(+964)7901324662,
anmar@greenpcbtronics.com
Country of Birth: Iraq
Nationality: Iraqi
Can fluently
speak: Arabic
& English
Education: Graduate
University
Family Connections
with: Nasir
Family
Name: Mr
Ahmed Al‑Shawi
Position within
the company: Manager
Office
Additional
Information: Maryland
office, Baltimore,USA,Phone:+4437605620,
Education: Graduate
University
Company Activities
NACE Codes: 3312 Repair of machinery
Green PCB Tronics Co was found in 1993 to work in specialized electric, electronic and mechanic engineering fields. The company formed of large number of trained technicians and engineers in each field.
They have done good work in supplying specialized RF Microwave devices to many of companies.
The company has well experience in field of machinery
maintenance, specially in programmed machines like ( grinding, milling,
drilling). they have done many jobs in maintenance and re‑construction of
large number of NASR State Company ( a Ministry of Industrial & Minerals company
Company has long term in import, export and
supplies. they supplied a few Iraqi universities laboratories with specialized
equipment like Digital Communication, Analog Communication, Power Systems and
AirBag Systems. they provided complete integrated Lab. designs that meet the
high‑class international standards.
The company has many dedicated retails for imports
distribution. they distribute many reliable goods to state companies and local
market customers like Electronic Components ( such as ICs, Transistors,
Capacitors, Resistors, Coils, Transformers, Crystal Filters, ...etc. ) and Test
& Measurement Instruments ( such as Power Supplies, Oscilloscopes, Function
Generators, DSPs, Digital Multimeters ).
They also provide high‑class consultant and
top assistant in conjunction with the sites for the benefit of the end‑users.
Local Reporters consider the investigated company
to be LARGE in their field of concern.
Operations
Employees Company Employs:
140
Figure
is approximate
HQ Premises Operates from: Office
Location: Central
Business Area, Main Road
Trading & Selling
Type of Customer: General Public, Group Companies,
Government Bodies
Related Companies
Subsidiaries
Affiliates
Information on
Related Companies is not available/applicable
Bankers
Information on Bankers is not available/applicable
Financial Information
Payments
Subject's payments reported to be: UNDETERMINED
Interview & Reporter Comments
Name/Title: Mr.Ammar
Sh. Nasir General Manager
Comment: We
have sent a fax/e‑mail/questionnaire however no reply has been
received
as of yet.
Reporter Comment
Date: 20/10/2011
Reporter Comment: In the
interview conducted with Mr. Ammar Sh. Nasir , General
Manager, he asked us to send a letter for information
to this email address (ammar@greenpcbtronics.com ), however a letter was sent
but there is no replywas received as of yet.
Please note that Mr. Anmar Shakir Majeed
Nasir confirmed that this is a family business and all of them are brothers “Mr.
Ammar, Mr. Ali, Mr. Mohamed and Mr. Anmar Shakir Majeed Nasir”
Local company’s registry is inaccessible to inspect
subject's file, therefore, we are unable to collect data concerning the subject
you are investigating.
All the above
mentioned information gathered from the company website
The bellow
information about subject’s principals could not be confirmed either by
subject or by
outside sources.
Ammar Shakir
Majeed Al‑Shatari
Iraqi citizen
Date of birth:23
February 1970
Place of birth:
Baghdad, Iraq
Passport
number:G2643917
Issue date:10
February 2009
Expiry date:9
February 2017
Address: Al Mansur
Hay Draqh 603/9/17 ,Baghdad,Iraq
Anmar Shakir
Majeed Al‑Shatry
Iraqi citizen
Date of birth:8
October 1971
Place of birth:
Wassit, Iraq
Passport
number:G1540152
Issue date:11
September 2007
Expiry date:10
September 2015
Address Al
Mansur Hay Draqh 603/9/17 ,Baghdad ,Iraq
As we were unable to contact any official in the
company we were not able to get any information about the current financial
position of the company in view of the running events in Iraq.Subject is listed
on many online search engine ( yellow pages Iraq, Iraqseek, Keywordspy, ecvv.com .. ) however all the available
information are general Information.
Conclusions
Accounts Comments: Full Financial Statements were unavailable to local analysts so a complete and accurate
picture of the financial strength of the company could not be ascertained. Our assessment and ratings are therefore based on non‑financial data.
Local Reputation: The company being investigated is believed by local reporters to be experiencing
financial difficulties and is considered to be slightly below average trade risk.
General Conclusion: No new financial info granting credit considered to be fair trade risk
Age of Business: The company is a long established family run business.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.25 |
|
UK Pound |
1 |
Rs.78.73 |
|
Euro |
1 |
Rs.67.64 |
RATING EXPLANATIONS
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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 |
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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.