MIRA
INFORM REPORT
|
Report Date : |
21.09.2011 |
IDENTIFICATION DETAILS
|
Name : |
TOPWIN INTERNATIONAL |
|
|
|
|
Registered Office : |
56,A.H.Tower(5th floor), Road No-02, Sector-03, Uttara, Dhaka |
|
|
|
|
Country : |
Bangladesh |
|
|
|
|
Date of Incorporation : |
January 2001 |
|
|
|
|
Legal Form : |
Proprietorship |
|
|
|
|
Line of Business : |
Importer & Seller of Animal Health Products |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
US$ 20,000.00 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
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 |
Topwin
International |
|
Address |
56,A.H.Tower(5th
floor), Road No-02, Sector-03, Uttara, Dhaka Note: The
subject operates from this address. |
|
Country |
Bangladesh |
|
Telephone No |
880-2-8917530 |
|
Fax No |
880-2-8950177 |
|
E-Mail |
|
|
Website |
NIL |
|
Established |
January 2001 |
|
Company Registration No |
N/A |
|
Registration date |
N/A |
|
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 |
56,A.H.Tower(5th
floor), Road No-02, Sector-03, Uttara, Dhaka |
|
Telephone No |
880-2-8917530 |
|
Fax No |
880-2-8950177 |
|
E-Mail |
|
|
Website |
NIL |
|
Branch |
NIL |
|
Factory |
N/A |
|
Warehouse |
56,A.H.Tower(5th
floor), Road No-02, Sector-03, Uttara, Dhaka |
PROPRIETOR
|
Name |
Mr. Mohammad
Zahirul Islam |
|
Designation |
Proprietor & CEO |
|
Nationality |
Bangladeshi |
BUSINESS DETAILS
|
Line of Business |
Importer &
Seller |
|
Items Dealing In |
Animal Health
Products |
|
Terms of Purchase |
Import: Against L/C |
|
Terms of Sale |
Local: Cash or Credit |
BANKERS
|
Name |
Jamuna Bank
Limited |
|
Branch |
Uttara Branch |
|
Address |
Uttara,
Dhaka |
|
SWIFT |
N/A |
FINANCIAL INFORMATION
|
Year |
2010 |
2009 |
2008 |
|
Investment |
Tk.15 million |
Tk.14 million |
Tk.14 million |
|
Turnover |
Tk.72.5 million |
Tk.71.9 million |
Tk.71.3 million |
|
Liability |
NIL |
NIL |
NIL |
|
Assets |
Tk.18 million |
Tk.16 million |
Tk.16 million |
CAPITAL STRUCTURE
|
Authorized
Capital |
N/A |
|
Paid Up Capital |
N/A |
|
Each Share Value |
N/A |
EXCHANGE RATE
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
118.3065 |
|
U.S Dollar |
1 |
75.1200 |
|
European Euro |
1 |
102.8618 |
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$ 20,000.00 |
90 Days |
GENERAL INFORMATION
|
Employees |
12 |
|
Office Area (Sq.
Ft) |
1,400 sq.ft (rented) |
|
Factory Area
(Sq. Ft) |
N/A |
|
Warehouse Area
(Sq. Ft) |
2,500 sq.ft (rented) |
|
Range of
Products |
4 Animal Health
Products |
|
Major Foreign
Principals |
4 Dutch Farm
International BV, Holland 4 Euroduna,
Germany 4 Vapco, Jordan |
|
Certifications |
NIL |
|
Group Name |
NIL |
|
Subsidiaries /
Affiliates |
NIL |
|
Member |
4 Animal Health Companies
Association of Bangladesh 4 Dhaka Chamber of Commerce & Industries,
Dhaka |
COMMENTS
The subject is a proprietorship company who is engaged as
importer & seller of animal health products in local market.
The proprietor is an experienced businessman of this line of
trade. He is also financially solvent and good at his business commitments, it
is reported.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.22 |
|
|
1 |
Rs.75.63 |
|
Euro |
1 |
Rs.65.64 |
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.