|
Report Date : |
10.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
SPANCO GOLDEN KEY SOLUTIONS WLL |
|
|
|
|
Registered Office : |
Al Emadi
Building, C Ring Road, P O Box 24857, Doha |
|
|
|
|
Country : |
Qatar |
|
|
|
|
Date of Incorporation : |
25.04.2005 |
|
|
|
|
Com. Reg. No.: |
30447, Doha |
|
|
|
|
Legal Form : |
With Limited Liability |
|
|
|
|
Line of Business : |
Providers of IT services |
|
|
|
|
No. of Employees : |
50 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
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) |
|
Qatar |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company Name : SPANCO GOLDEN KEY SOLUTIONS WLL
Country of Origin : Qatar
Legal Form : With Limited Liability - WLL
Registration Date : 25th April 2005
Commercial Registration Number : 30447, Doha
Chamber Membership Number : 9927/1
Issued Capital : QR 200,000
Paid up Capital : QR 200,000
Total Workforce : 50
Activities : Providers of IT services.
Financial Condition : Undetermined
Payments : Nothing detrimental uncovered
SPANCO GOLDEN KEY
SOLUTIONS WLL
Registered &
Physical Address
Building : Al Emadi Building
Street : C Ring Road
PO Box : 24857
Town : Doha
Country : Qatar
Telephone : (974) 44518611 / 44069000 / 44069010
/ 44675734
Facsimile : (974) 44566027 / 4507929 / 44696253
Email : wecare@spancogks.com
Premises
Subject operates
from a medium sized suite of offices that are rented and located in the Central
Business Area of Doha.
Name Nationality Position
·
Niti
Ajit Kumar Karsand Omani Managing Director
·
Munira
Nasser Qatari Director
·
Tjinder
Singh Bhatia - General
Manager
Date of Establishment : 25th
April 2005
Legal Form :
With Limited Liability -
WLL
Commercial Reg. No. : 30447, Doha
Chamber Member No. : 9927/1
Issued Capital : QR 200,000
Paid up Capital : QR 200,000
Name of
Shareholder (s)
·
Niti
Ajit Kumar Karsand
·
Munira
Nasser
·
Spanco
Limited
PO Box: 16952
Jebel Ali Free Zone
Dubai
United Arab Emirates
·
Spanco
Golden Key Solutions LLC
Wadi Kabir
PO Box: 693
Jibroo 114
Tel: (968) 24811243
Fax: (968) 24812984
Activities: Engaged as providers of IT services,
including voice and non voice solutions, collections, customer
acquisitions and third party
transaction services like data storage and indexing. Other services include
technical support, financial
services, help line, job portal services and loyalty solutions.
Subject has a
workforce of 50 employees.
Companies
registered in Qatar are not legally required to make their accounts public and
no financial information was released by the company or submitted by outside
sources.
·
Qatar National
Bank SAQ
PO Box: 1002
Doha
Tel: (974) 44413511 / 44407407
Fax: (974) 44415020
No complaints
regarding subject’s payments have been reported.
During the course of
this investigation nothing detrimental was uncovered regarding subject’s
operating history or the manner in which payments are fulfilled. As such the
company is considered to be a fair trade risk.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.17 |
|
UK Pound |
1 |
Rs.86.43 |
|
Euro |
1 |
Rs.68.27 |
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 |
|
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.