MIRA INFORM REPORT

 

 

Report Date :

21.04.2012

 

IDENTIFICATION DETAILS

 

Name :

BDESH TRADING CO LTD

 

 

Registered Office :

47 St 478 Toultompoung II, Phnom Penh

 

 

Country :

Cambodia

 

 

Date of Incorporation :

13.10.2005

 

 

Legal Form :

Company Limited

 

 

Line of Business :

Trader of Medical Equipment & Pharmaceutical

 

 

No. of Employees :

5

 

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 :

USD 5,000.00

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, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Cambodia

C1

C1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

REGISTERED NAME & COMPANY SUMMARY

 

Company Details

 

Organization Name

:

BDESH TRADING CO LTD

Address

:

47 St 478 Toultompoung II, Phnom Penh

Country

:

Cambodia

Phone (S)

:

[+855] 23-213410

Facsimile

:

[+855] 23-213410

Email

:

bdesh@online.com.kh

Primary Business Activity

:

Trader

Key Industry

:

Medical Equipment & Pharmaceutical

 

Key Facts

 

 

Registered Legal Address

:

47 St 478 Toultompoung II, Phnom Penh

Operational Address

:

47 St 478 Toultompoung II, Phnom Penh

Issuing Authority

:

Ministry of Commerce - Commercial Registry

License Number

:

CO2613/05E

License Status

:

License exists - Normal.

Legal Form - Category

:

Private Company with Limited Liability

Legal Form

:

Company Limited

Legal Form - Abbreviation

:

CO LTD

Operational Status of Business

:

Normal

Date of Registration

:

13 Oct, 2005

Employees

:

5

Capital

:

US$ 1,000

 

CREDIT RECOMENDATION

 

Current Credit Limit: USD 5,000.00

 

DIRECTORS/MANAGEMENT

 

Key Person

Legal Title

:

Chairman

Name

:

Mr. Humayun Kabir

Nationality

:

Bangladeshi

 

COMPANY MANAGEMENT

 

Management Listings

 

Name

Nationality

Job Description

Dept. / Division

1

Mr. M. H. Kabir

Cambodian

General Manager

-

 

Management Details - 1

Personal Unique Identifier

:

MI02435705

Name

:

Mr. M. H. Kabir

 

Email

:

bdesh@online.com.kh

Identification Number(s)

      National ID No

:

HP 012875662

 

 

COMPANY DIRECTORS

1

 

 

Personal Unique Identifier

:

MI02435698

Name

:

Mr. Humayun Kabir

Nationality

:

Bangladeshi

 

NEGATIVE INFORMATION

 

REPUTATION

 

Reference checking for the purpose of establishing the BDESH TRADING CO LTD's reputation within the respective industry failed to reveal any adverse information.

 

 

ADVERSE DATA MONITORING

 

 

DISHONORED CHECKS

 

No Record Found

 

 

DEBT

 

No Record Found

 

 

LITIGATION

 

No Record Found

 

 

PERFORMANCE DEFAULTS

 

No Record Found

 

 

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

 

No Record Found

 

 

 

 

SHARE & SHARE CAPITAL INFORMATION

 

CAPITAL (Currency: KHR - Cambodia Riel)

Share Value

:

4,000

Authorized Capital

:

4,000,000

Paid-up Capital

:

4,000,000

 

SHAREHOLDERS

 

Total number of shareholders

:

1

Total number of shares

:

1,000

 

Currency

:

KHR - Cambodia Riel

 

No.

Shareholders

Country

Shares

Number

Amount (KHR)

%

1

Mr. Humayun Kabir

Bangladesh

1,000

4,000,000

100.00

Total

1,000

4,000,000

100.00

 

 

Based on corporate statutory laws /regulations in Cambodia, there is no requirement for public disclosure of Shareholders. In this case, the Shareholder information was supplied by the Subject Business Entity.
However in the absence of data normally obtained from local Statutory Authorities, it is not possible to verify the accuracy of data supplied and hence is provided as reference ONLY.

 

PAYMENT INFORMATION

 

PAYMENT TERMS

 

Selling

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~60 days

Export

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Received at time of transaction

 

Purchasing

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~60 days

Import

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Executed at time of transaction

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Na

FINANCIAL INFORMATION

 

FINANCIAL STATEMENT - DETAILED

 

Based on the corporate laws of Cambodia, 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

 

Today's Exchange rate

:

1.00 KHR
Cambodia Riel

=

0.000250 USD
United States Dollars

 

ADDITIONAL INFORMATION

 

Report Details

 

 

 

 

Country

:

Cambodia

Business Entity Name

:

BDESH TRADING CO LTD

Primary Business Activity

:

Trader

Primary Industry

:

Medical Equipment & Pharmaceutical

Office Contact Details

Operating Address

:

47 St 478 Toultompoung II, Phnom Penh

Tel

:

[+855] 23-213410

Mobile

:

[+855]-12875662

Fax

:

[+855] 23-213410

Email

:

bdesh@online.com.kh

 

 

 

 

Primary Products

Products / Materials / Services Description

Activity

Dairy milk

Trading

Fruit juice

Trading

Pharmaceutical

Trading

 

 

SIC PRODUCT CLASSIFICATION & ACTIVITY

 

Product/Service Description

Code

Activity

Dairy Products

5143

Trading

Frozen fruits, fruit juices, and vegetables

2037

Trading

Pharmaceutical preparations

2834

Trading

 

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

 

Product/Service Description

Code

Activity

Dairy products

0405207000

Trading

Fruit juices (& grape must) & veg juice, no spirit

2009

Trading

Pharmaceutical goods (specified sterile prod etc.)

3006

Trading

 

 

CORE BUSINESS DESCRIPTION

 

Core Business

The primary business focus of BDESH TRADING CO LTD is Trading - Finished products.

An integral part of the core business includes:

·                     Distribution - Multiple stores

 

Supplementary Business

In addition to the core business, BDESH TRADING CO LTD also is engaged in the following areas of business:

  1. Exporting
    • Exporting - Finished products
  2. Importing
    • Importing - General products

 

 

DOMESTIC SALES & PURCHASES

 

Annual Sales Analysis

Percentage

Domestic Sales

70%

International Sales (Export)

30%

 

 

Annual Purchases Analysis

Percentage

Local Purchases

80%

Imports

20%

 

 

INTERNATIONAL TRADE : ACTIVITY & MARKETS

 

 

Country / Region

Estimated level of importance

Trading Activity

Asia / Pacific

Medium

Importing, Exporting

 

OFFICE & FACILITIES

 

Name

:

BDESH TRADING CO LTD - PHNOM PENH

Building Size

:

650 Square meters

Type of Location

:

Commercial

Address

:

47 St 478 Toultompoung II, Phnom Penh

Country

:

Cambodia

Ownership of Property

:

Rented / Leased

Status

:

Operational

 

 

 

 

NOTES & COMMENTS

 

Na

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.52.00

UK Pound

1

Rs.83.54

Euro

1

Rs.68.40

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.