MIRA INFORM REPORT
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Report Date : |
23.04.2012 |
IDENTIFICATION DETAILS
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Name : |
GONAS BEST LIMITED |
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Registered Office : |
Godown 51, Likoni Road, Kenya Industrial Estate, Industrial Area, P.O.
Box 78531 – 00507, Nairobi |
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Country : |
Kenya |
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Date of Incorporation : |
05.03.1997 |
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Com. Reg. No.: |
C.75209 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacturer,
Importer, Exporter of Used shoes and clothes, Powered juice and baking
powder, Truck tires and Baby powder |
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No. of Employees
: |
Not Available |
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
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Kenya |
b1 |
b1 |
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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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Company Name (legal name) |
GONAS BEST LIMITED |
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Date of Incorporation |
5th March 1997 |
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Registered No. |
C.75209 |
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Registered Address |
Godown 51, Likoni Road, Kenya Industrial Estate, Industrial Area, P.O. Box 78531 – 00507, Nairobi Kenya |
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Legal Form (General) |
Private Limited Company |
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Head Office Address |
Off
Likoni Rd, KIE Shed No 51, Industrial Area, P.O. Box 78531 – 00507, Nairobi Kenya |
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Tel No |
+25420550751-2 /
+254-20-6532195/+254-20238695/+254-716431077 |
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Fax No |
+254-20-2386896 |
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E-mail |
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Website |
MAJOR SHAREHOLDERS
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NAME |
No. of shares |
% SHAREHOLDING |
NATIONALITY |
|
Kadiro Jillo Hirbo |
3 |
- |
Kenyan |
|
Siko Woche Imala |
2 |
- |
Kenyan |
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Un-issued shares |
4,995 |
99% |
Undetermined |
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Total |
|
100% |
- |
BOARD OF
DIRECTORS:
|
NAME |
NATIONALITY |
|
Kadiro Jillo Hirbo |
Kenyan |
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Siko Woche Imala |
Kenyan |
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First name |
Siko Woche |
Last Name |
Imala |
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Nationality |
Kenyan |
Job Description |
Managing
Director |
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Other details |
Is a co
shareholder of the subject |
||
|
First name |
Kadiro Jillo |
Last Name |
Hirbo |
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Nationality |
Kenyan |
Job Description |
Director |
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Other details |
Is a co shareholder of the subject
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||
The financial
statement of the subject could not be obtained due to refusal by the subject’s
principal to disclose information citing constraints by the company’s policy.
Financial Analysis
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ROC Status |
Undetermined |
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RecFin |
Undetermined |
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Credit Amount |
Undetermined |
BANK DETAILS
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Bank Name : |
Not disclosed |
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Address : |
Not disclosed |
COMPANY SECRETARY
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Name : |
Bernard Mwangi Mureithi |
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Address : |
P.O. Box 44064 – 00100
Nairobi Kenya |
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Industry |
Manufacturer/importer/exporter |
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Main Products & Services |
1.Used shoes and
clothes 2.Powered juice
and baking powder 3.Truck tires 4.Baby powder |
Comments
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Additional information (Public Information) |
The subject is
legally registered and domiciled in Kenya. - |
Source
|
Source |
-Registrar of
Companies -National
directories -Regulatory
authorities -Subject’s
principal |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.99 |
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UK Pound |
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 |
|
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 |
|
<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.