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Report Date : |
06.08.2012 |
IDENTIFICATION DETAILS
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Name : |
ATCO INTERNATIONAL INC |
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Registered Office : |
712, Park Avenue, Sharah-e-Faisal, Karachi |
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Country : |
Pakistan |
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Year of Establishment : |
2006 |
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Legal Form : |
Proprietorship Concern |
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Line of Business : |
Subject is a multi-disciplinary engineering consulting
firm with industrial research, planning, coordination, and environmental work
with offices in Houston, Texas and Karachi, Pakistan |
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No. of Employees : |
15 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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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, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Pakistan |
B2 |
B2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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Registered
Address |
|
712, Park Avenue, Sharah-e-Faisal, Karachi, Pakistan |
|
Tel # |
92 (21) 34543997, 34543989, 34964448 +923452916886 |
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Fax # |
92 (21) 34964487 |
|
Email |
Note:
The correct registered address of the subject is 712, Park Avenue, Sharah-e-Faisal, Karachi, Pakistan not “W/S 20/1 Block - 2, Azizabad Industrial Area, Federal "B" Area Karachi” provided by you as this is an incorrect address.
|
a. |
Nature of
Business |
ATCO International, Inc. is a
multi-disciplinary engineering consulting firm with industrial research,
planning, coordination, and environmental work with offices in Houston, Texas
and Karachi, Pakistan. The Environmental Science and Planning group offers
CEQA and NEPA compliance, urban and environmental planning, community design,
and alternative transportation planning. Environmental science specialties
include noise, air quality, and geologic hazards. |
|
b. |
Year Established |
2006 |
Subject Concern was established as a Proprietorship business in 2006
|
Names |
Address |
Occupation |
Designation |
|
Mr. Amanullah Khan |
712, Park Avenue, Sharah-e-Faisal, Karachi |
Business |
Chief Executive / Proprietor |
A. Subsidiary
None
B. Associated
Companies
- Do -
ATCO International, Inc. is a multi-disciplinary engineering
consulting firm with industrial research, planning, coordination, and
environmental work with offices in Houston, Texas and Karachi, Pakistan. The
Environmental Science and Planning group offers CEQA and NEPA compliance, urban
and environmental planning, community design, and alternative transportation
planning. Environmental science specialties include noise, air quality, and
geologic hazards.
15
|
Year |
In Pak Rupees |
|
2011 |
6,000,000/- (Estimated) |
(Foreign)
Subject mainly import from Companies belongs to China, Korea, Japan & Europe
Mainly Engineering Companies, Government Corporations etc
· Habib Bank Limited, Pakistan.
Bank
Alfalah Limited, Pakistan.
Soneri Bank Limited,
Pakistan.
|
Currency |
Unit |
Pakistani Rupee |
|
US Dollar |
1 |
Rs. 94.55 |
|
UK Pound |
1 |
Rs. 147.50 |
|
Euro |
1 |
Rs. 115.50 |
Subject
Concern was established in 2006. ATCO International, Inc.
is a multi-disciplinary engineering consulting firm with industrial research,
planning, coordination, and environmental work with offices in Houston, Texas
and Karachi, Pakistan. The Environmental Science and Planning group offers CEQA
and NEPA compliance, urban and environmental planning, community design, and
alternative transportation planning. Environmental science specialties include
noise, air quality, and geologic hazards.
Subject can be considered for moderate business engagements.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.08 |
|
UK Pound |
1 |
Rs.87.03 |
|
Euro |
1 |
Rs.68.36 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 |
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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 |
|
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.