MIRA
INFORM REPORT
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Report Date : |
07.02.2012 |
IDENTIFICATION DETAILS
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Name : |
MALLI EST FOR
INDUSTRY AND COMMERCE |
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Registered Office : |
Habsoush Street,
108, Nabatieh |
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Country : |
Lebanon |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
16.01.1982 |
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Com. Reg. No.: |
1172, Nabatieh |
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Legal Form : |
Sole
Proprietorship |
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Line of Business : |
Engaged in the
import and distribution of marble, granite and stone. |
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No. of Employees : |
12 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
US$ 150,000 |
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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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Lebanon |
C1 |
C1 |
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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 |
SUMMARY
Company Name : MALLI EST FOR INDUSTRY AND
COMMERCE
Country of Origin : Lebanon
Legal Form : Sole Proprietorship
Registration Date : 16th
January 1982
Commercial
Registration Number : 1172, Nabatieh
Invested Capital : LP
1,000,000
Total Workforce : 12
Activities :
Distributors of marble, granite and stone.
Financial Condition : Fair
Payments :
Nothing detrimental uncovered
Operating Trend : Steady
Recommended Credit
Limit : US$ 150,000
COMPANY NAME
MALLI EST FOR
INDUSTRY AND COMMERCE
ADDRESS
Registered & Physical Address
Location : Habsoush Street
PO Box : 108
Town : Nabatieh
Country : Lebanon
Telephone : (961-7) 530035
Facsimile : (961-7) 530932
Mobile : (961-3) 667868
Email : malli@kmalli.com
Premises
Subject operates from
a small suite of offices and a warehouse that are rented and located in the
Central Business Area of Nabatieh.
Branch Office
(s)
Location Description
·
Al
Choueifate Area Office
premises
Beirut
Tel: (961-5) 481111
Fax: (961-5) 482111
KEY PRINCIPALS
Name Position
·
Mohamed
Qassim Malli Proprietor
& General Manager
·
Amira
Bittar Accounts
Manager
·
Bassam
Rayani Sales
Manager
LEGAL FORM & OWNERS
Date of Establishment : 16th
January 1982
Legal Form :
Sole Proprietorship
Commercial Reg. No. : 1172,
Nabatieh
Invested Capital
: LP 1,000,000
Mr Mohamed Qassim
Malli is the sole proprietor of the business.
OPERATIONS
Activities: Engaged in the import and distribution of
marble, granite and stone.
Import
Countries: India
Brand Names: BLACK GALAXY and TANE BROWN
Operating Trend: Steady
Subject has a
workforce of 12 employees.
FINANCIAL DATA
Financial
highlights provided by local sources are given below:
Currency: Lebanese
Pounds (LP)
Year
Ending 31/12/09: Year
Ending 31/12/10:
Total Sales LP 4,700,000,000 LP 5,000,000,000
Local sources
consider subject’s financial condition to be Fair.
The above financial
figures are based on estimations by our local sources.
BANKERS
·
Bank of
Beirut Sal
Clemanceau Street
PO Box: 117354
Beirut
Tel: (961-1) 360850 / 350723
Fax: (961-1) 360850
PAYMENT HISTORY
No complaints
regarding subject’s payments have been reported.
GENERAL COMMENTS
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
business is considered to be a fair trade risk.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.67 |
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|
1 |
Rs.76.75 |
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Euro |
1 |
Rs.63.56 |
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 |
-- |
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.