|
Report Date : |
14.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
TISHARKIAT AL ZAHOOR |
|
|
|
|
Registered Office : |
Sharah E Ruwaisat, Missurata |
|
|
|
|
Country : |
Libya |
|
|
|
|
Year of Establishment : |
2006 |
|
|
|
|
Legal Form : |
-- |
|
|
|
|
Line of Business : |
Wholesale of grain, un-manufactured tobacco, seeds and animal feeds |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Undetermined |
|
Payment Behaviour : |
Unknown |
|
Litigation : |
-- |
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) |
|
Libya |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
TISHARKIAT AL ZAHOOR
Payment Record: UNDETERMINED
Registration
Number: N/A
Registration
Date: N/A
Legal
Form: LEGAL
STRUCTURE NOT ASCERTAINED
Latest
Financials: N/A
Nominal
Capital: N/A
Issued
Capital: N/A
Turnover: N/A
Net
Profit: N/A
Net
Worth:
Company
Name: TISHARKIAT
AL ZAHOOR
Headquarter
Address: ?Sharah
E Ruwaisat,
Missurata?,
Libya
Telephone: +218
512624536
+218
912109024
E‑Mail: s.d_attary@yahoo.com
Company
was originally started on 2006
Current
Legal Form: LEGAL
STRUCTURE NOT ASCERTAINED
Year/Date
Company Established: 2006
Information
on Shareholders is not available/applicable
Name: Mr
Saddik Youssef
Position
within the company: General
Manager
Additional
Information: Owner
Nationality: Libyan
NACE
Codes: 4621 Wholesale of grain, un-manufactured tobacco, seeds and
animal feeds
The
company grains, herbs and spices.
Wholesalers
Local
Reporters consider the investigated company to be SMALL in their field of
concern.
HQ Premises Operates
from: Office
Location: Central Business Area, Main Road
Imports
Import
% and type of product: 100% Finished
Goods
Imports
From: Far East,
Middle East
Importing
Terms: Cash
Trading & Selling
Territory: 100% Nationally
Type
of Customer: General
Public, retailers, wholesalers
Subsidiaries
Affiliates
Information
on Related Companies is not available/applicable
Information
on Bankers is not available/applicable
Subject's
payments reported to be: UNDETERMINED
Name/Title: Mr. Seddik Youssef General Manager
Comment: Subject has confirmed the general details shown in the report.
Reporter Comment: We have contacted Subject Company and talked to Mr. Seddik Youssef, General
Manager, who advised us that subject company, was founded around 6 years ago.
The company is involved in the import and trade of grains, herbs, and spices.
Subject business is based on cash terms mainly.
Mr. Youssef asked us to send him written request for the information in order
discuss it with his partners and then company back to us with their reply. However,
until today we didn't receive any reply, although we have contacted them again
several times.
In case any additional information is provided we shall send it to you at once.
Local company’s registry is inaccessible to inspect subject's file, therefore, all the
information shown in the report is obtained from a direct contact with the subject
you are investigating.
Accounts Comments: Full Financial Statements were unavailable to local analysts so a complete and
accurate picture of the financial strength of the company could not be ascertained.
Our assessment and ratings are therefore based on non‑financial data.
Local Reputation: The company being investigated is believed by local reporters to be a Medium Trade Risk.
General Conclusion: Subject not legally obliged to produce or publish accounts
Owner/Shareholders Comments: Some of the owners / shareholders have an active participation in the running of the business.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.32 |
|
|
1 |
Rs.77.84 |
|
Euro |
1 |
Rs.65.35 |
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.