MIRA INFORM REPORT
|
Report Date : |
21.11.2011 |
IDENTIFICATION DETAILS
|
Name : |
AIR SEA GLOBAL FREIGHT LIMITED |
|
|
|
|
Registered Office : |
House No. 466, Road No.31, New DOHS, Mohakhali, Dhaka -1206 |
|
|
|
|
Country : |
Bangladesh |
|
|
|
|
Date of Incorporation : |
11.12.2007 |
|
|
|
|
Com. Reg. No.: |
C-79375 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
International Freight Forwarder |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
US$ 25,000.00 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment
Behaviour : |
No Complaints |
|
|
|
|
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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Bangladesh |
b1 |
b1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
COMPANY DETAILS
|
Name |
Air Sea Global
Freight Limited |
|
Address |
House No. 466, Road No.31, New DOHS, Mohakhali, Dhaka -1206 |
|
Country |
Bangladesh |
|
Telephone No |
880-2-8715742, 8715794, 8715795 |
|
Fax No |
880-2-8715319 |
|
E-Mail |
|
|
Website |
|
|
Established |
2007 |
|
Registration number |
C-79375 |
|
Registration Date |
11th December 2007 |
|
Legal Status |
Private Limited |
|
Issuing Authority |
The Registrar of
Joint Stock Companies & Firms, Dhaka |
|
Business Type |
International Freight Forwarder |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from
local suppliers or banks. |
LOCATIONS
|
Head Office |
House No. 466, Road No.31, New DOHS, Mohakhali, Dhaka -1206 |
|
Telephone No |
880-2-8715742, 8715794, 8715795 |
|
Fax No |
880-2-8715319 |
|
E-Mail |
|
|
Website |
|
|
Branch |
303, Sheikh Mujib Road, Mir Mozaffar Mansion (2nd Floor), |
|
Factory |
N/A |
|
Factory Telephone No |
N/A |
|
Factory Fax No |
N/A |
|
Warehouse |
N/A |
DIRECTORS
|
Name |
Mr.
Jahir Ahmed Sarker |
|
Designation |
Chairman & Managing Director
|
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Mohammad
Junaid |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
SHAREHOLDERS
|
Name |
Mr.
Jahir Ahmed Sarker |
|
Share Percent |
60% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Mohammad
Junaid |
|
Share Percent |
40% |
|
Nationality |
Bangladeshi |
DETAILS
|
Line of Business |
International Freight Forwarder |
|
Items Dealing In |
Air, Sea &
Land |
|
Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
|
Terms of Sale |
Local: Cash or Credit Export: Against L/C |
FINANCIAL INFORMATION
|
Year |
2010 |
2009 |
2008 |
|
Investment |
Tk.25 million |
Tk.22 million |
Tk.22 million |
|
Turnover |
Tk.132 million |
Tk.130.6 million |
Tk.130 million |
|
Liability |
NIL |
NIL |
NIL |
|
Assets |
Tk.31 million |
Tk.30 million |
Tk.30 million |
CAPITAL STRUCTURE
|
Authorized
Capital |
Tk.50 million |
|
Paid Up Capital |
Tk.5 million |
|
Each Share Value |
Tk.100.00 |
EXCHANGE RATE
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
120.3664 |
|
U.S Dollar |
1 |
76.5300 |
|
European Euro |
1 |
103.0170 |
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$ 25,000.00 |
90 Days |
GENERAL INFORMATION
|
Employees |
50 |
|
Office Area (Sq.
Ft) |
2,100 sq.ft (rented) |
|
Factory Area
(Sq. Ft) |
N/A |
|
Warehouse Area
(Sq. Ft) |
4,500 sq.ft (rented) |
|
Range of
Services |
4 Ocean Freight
Services 4 Air Freight
Services 4 Air-Sea &
Sea-Air Services 4 Multi Modal
Logistics Services 4 Multi Country
Consolidation Services 4 Supply Chain
Solutions (3PL & 4PL Services) 4 Customs House
Brokerage 4 Project Cargo
Solutions 4 Apparel
Logistics Solutions 4 Tea Logistics
Solutions 4 FMCG Logistics
Solutions 4
Telecommunication Logistics Solutions 4 Pharmaceutical
Logistics Solutions 4 Trading for
Import and Export Shipments 4 Warehousing
& Distribution Services. |
|
Global
Partners |
4 APL 4 OOCL 4 CMA 4 COSCO 4 CSAV 4 CSCL 4 EVERGREEN 4 HANJIN 4 HAPPAG-LLOYD 4 HYUNDAI 4 KMTC 4 MAERSK SEALAND 4 MOL 4 MSC 4 PIL 4 NYK 4 CCNI 4 YANGMING 4 ZIM 4 K-LINE 4 WANHAI |
|
Export Market |
N/A |
|
Certifications |
NIL |
|
Group Name |
N/A |
|
Subsidiaries /
Affiliates |
4 R.M. Leather International
Limited |
|
Member |
4 Dhaka Chamber
of Commerce & Industries, Dhaka 4 Bangladesh
Freight Forwarders Association |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.35 |
|
UK Pound |
1 |
Rs.80.97 |
|
Euro |
1 |
Rs.68.26 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.