MIRA INFORM REPORT
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Report Date : |
21.04.2012 |
IDENTIFICATION DETAILS
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Correct Name : |
ARUNA TRADERS (PVT) LTD |
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Registered Office : |
# 102, High level Road, Moraketiya, Pannipitiya |
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Country : |
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Date of Incorporation : |
01.06.1998 |
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Com. Reg. No.: |
PV 21531 |
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Legal Form : |
Private Limited Liability Company
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Line of Business : |
Dealers in Meats, Fish and all grocery items (Mini Super Market) |
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No. of Employees
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Approximately 15 |
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, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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a2 |
a2 |
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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 |
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Name of Subject of Inquiry |
: |
ARUNA TRADERS
(PVT) LTD |
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Legal Form & Status |
: |
Private Limited Liability Company (In operation) |
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Managing
Director |
: |
P. G. Aruna Rohitha |
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Primary Line of Business |
: |
Dealers in Meats,
Fish and all grocery items (Mini Super Market) |
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Head Office & Place of
Business |
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#
102, High level Road, Moraketiya, Pannipitiya, Tel.
No: (00 94 11) 284 1333 Fax No: (00 94 11) 284 2198 |
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No. of Employees |
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Approximately 15 |
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Registration No |
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N (PVS) 21334 |
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Date of
Registration |
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01st June 1998 |
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Re-registration
No |
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PV 21531 |
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Date of
Re-registration |
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2nd June 2011 |
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Registered
Office |
: |
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Board Of
Directors As At 02nd June
2011 |
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P. G. Aruna Rohitha |
Managing Director |
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Y. Nalika
Kumarage |
Director |
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Issued Share
Capital |
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Rs. 20.00 |
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Nominal Value of
Share |
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Rs. 10.00 |
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Share Holders As At 02nd June
2011 |
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Share Holders |
No of Shears |
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P. G. Aruna
Rohitha |
01 |
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Y. Nalika
Kumarage |
01 |
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Secretaries
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:
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Business Allied Services (Pvt) Ltd |
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Auditors |
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Ratnayake T.A & Co |
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Bankers |
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Bank of Ceylon, Peoples Bank |
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·
History.
The Subject
Company ARUNA TRADERS LTD is a
Private Limited liability Company
incorporated in 01st June 1998 under registration
number N (PVS) 21334 and then the company was re-registered on 2nd
June 2011 under registration number PV 21531.
·
Location.
The Subject Company
is located at
·
Operations
Details.
General
The subject company
primary line of business is Importers,
Manufactures, Processors, Assemblers, Exporters, Dealers in food, Grocery
Items.
Products
Food, Grocery
Items, Daily need items
Country
Employees
Approximately 15
Directors Details
01)
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Name |
P. G. Aruna Rohitha |
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ID Number |
662970360 V |
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Nationality |
Sri Lankan |
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Gender |
Male |
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Date of Birth |
23rd October 1966 |
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Age |
45 Years |
02)
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Name |
Y. N. Kumarage |
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ID Number |
736121352 V |
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Nationality |
Sri Lankan |
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Gender |
Female |
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Date of Birth |
21st April 1973 |
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Age |
39 Years |
·
Financial Data
The company has
declined to provide information on its finances
Financial details of Private Limited/Proprietorship/Partnership companies
are not
Made available for the public
to view
·
General Comments
The subject company when
contacted refuse to provide any information to prepare this report and declined to disclose any operational or
financial information, However all information received is from non-formal
sources but clearly originating from the company.
·
Trade references
The subject
company did not provide any trade reference referrals
·
Credit
Recommendations
Since no financial
information has been forthcoming from the company, it is not possible to
comment on the merits or otherwise of the company.
No computerised data bases exist to make
checks whether the partners or the company has any legal action or lawsuit
initiated against any of them but informal (but not in-depth) checks do not
indicate any such cases in the public knowledge.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.51.99 |
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1 |
Rs.83.54 |
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Euro |
1 |
Rs.63.40 |
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.