MIRA INFORM REPORT
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Report Date : |
17.09.2011 |
IDENTIFICATION DETAILS
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Name : |
NALAHIYA TRADING PVT LTD |
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Registered Office : |
81 Boduthakurufaanu, Magu, Male |
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Country : |
Maldives |
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Date of Incorporation : |
18.03.2002 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Trader of Construction & Construction Materials |
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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Maximum Credit Limit : |
USD 10,000.00 |
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Status : |
Moderate |
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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 – 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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Organization Name |
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NALAHIYA TRADING PVT LTD |
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Address |
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81 Boduthakurufaanu, Magu, Male |
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Country |
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Maldives |
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Phone (S) |
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[+960]-3335930 |
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Facsimile |
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[+960]-3337711 |
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Email |
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Website |
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Primary Business Activity |
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Trader |
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Key Industry |
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Construction & Construction Materials |
Key Facts
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Registered Legal Address |
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81 Boduthakurufaanu, Magu, Male |
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Operational Address |
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81 Boduthakurufaanu, Magu, Male |
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License Number |
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C-85/2002 |
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Legal Form |
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Private Limited |
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Operational Status of Business |
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Normal |
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Date of Registration |
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18 Mar, 2002 |
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Employees |
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10 |
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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: USD 10,000.00
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
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PAYMENT TERMS |
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Selling |
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Purchasing |
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GROUP STRUCTURE & AFFILIATED
COMPANIES
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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 NALAHIYA TRADING PVT LTD is: General trading |
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Supplementary Business |
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In addition to the core business, NALAHIYA TRADING PVT LTD also is
engaged in the following areas of business: Importing Importing - Finished products |
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DOMESTIC SALES & PURCHASES |
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REPUTATION |
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Reference checking for the purpose of establishing the NALAHIYA
TRADING PVT LTD's reputation within the respective industry failed to reveal
any adverse information. |
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NOTES & COMMENTS
Na
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.