MIRA INFORM REPORT
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Report Date : |
17.09.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
ANA SHIPPING & TRADING PVT LTD |
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Registered Office : |
Ma Penzee Villa,
Male |
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Country : |
Maldives |
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Date of Incorporation : |
22.09.1998 |
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Legal Form : |
Private Company with Limited Liability |
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Line of Business : |
Subject is
Specialized professional services, Freight forwarders and Shipping services |
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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Maldives |
c1 |
c1 |
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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 |
REGISTERED NAME & COMPANY
SUMMARY
Company Details
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Official Organization Name |
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ANA SHIPPING &
TRADING PVT LTD |
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Name as Per Order |
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NAREEMAN AREEF |
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Address |
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2Fl STO Trade
Centre Orchid Magum, Male |
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Country |
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Maldives |
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Email |
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Primary Business Activity |
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Service |
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Key Industry |
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Transportation |
Key Facts
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Registered Legal Address |
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Ma Penzee Villa,
Male |
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Operational Address |
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2Fl STO Trade
Centre Orchid Magum, Male |
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License Number |
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C-0158/1998 |
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Issuing Authority |
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Ministry of
Economic Development - National |
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Legal Form |
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Private Limited |
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Legal Form - Category |
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Private Company with
Limited Liability |
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Operational Status
of Business |
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Normal |
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Date of
Registration |
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22 Sep, 1998 |
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Employees |
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20 |
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Capital |
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n/a(1) |
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Report Details |
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CREDIT RECOMENDATION
Current Credit Limit: No credit limit recommended.
DIRECTORS/MANAGEMENT
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COMPANY DIRECTORS |
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NEGATIVE INFORMATION
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ADVERSE DATA
MONITORING |
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SHARE & SHARE CAPITAL
INFORMATION
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SHAREHOLDERS |
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PAYMENT INFORMATION
Na
GROUP STRUCTURE & AFFILIATED
COMPANIES
Na
FINANCIAL INFORMATION
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FINANCIAL
STATEMENT - DETAILED |
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Based on the
corporate laws of Maldives, legal entities which are Private Company with
Limited Liability are not required to make public disclosure of their annual financials.
Therefore no financials are available for this entity. |
FOREIGN EXCHANGE RATES
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Today's Exchange rate |
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ADDITIONAL INFORMATION
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SIC PRODUCT CLASSIFICATION
& ACTIVITY |
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HARMONIZED PRODUCT
CLASSIFICATION & ACTIVITY |
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CORE BUSINESS
DESCRIPTION |
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Core Business |
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The primary
business focus of ANA SHIPPING & TRADING PVT LTD is: Specialized
professional services Freight forwarders Shipping |
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DOMESTIC SALES
& PURCHASES |
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REPUTATION |
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Reference checking
for the purpose of establishing the ANA SHIPPING & TRADING PVT LTD's reputation
within the respective industry failed to reveal any adverse information. |
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OFFICE &
FACILITIES |
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NOTES & COMMENTS
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.47.47 |
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UK Pound |
1 |
Rs.74.96 |
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Euro |
1 |
Rs.65.79 |
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.