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Report Date : |
07.07.2012 |
IDENTIFICATION DETAILS
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Name : |
LUNA FOR TRADING FOOD INGREDIENTS &
CHEMICALS INDUSTRIES |
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Registered Office : |
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Country : |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
03.06.2007 |
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Com. Reg. No.: |
2109/4 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Distribution of food ingredients, flavourings and chemicals for the pharmaceutical industry |
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No. of Employees : |
05 |
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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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) |
|
Jordan |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 |
Company Name : LUNA FOR TRADING FOOD INGREDIENTS & CHEMICALS
INDUSTRIES
Country of Origin : Jordan
Legal Form : Limited Liability Company
Registration Date : 3rd June 2007
Commercial Registration Number : 2109/4
National ID Number : 20006076
Issued Capital : JD 1,500,000
Paid up Capital : JD 1,500,000
Total Workforce : 5
Activities : Distribution of food ingredients, flavourings and chemicals for the
pharmaceutical industry.
Financial Condition : Fair
Payments :
Nothing detrimental uncovered
Operating Trend : Steady
Person Interviewed : Dr Ahmed
Jalal, Commercial Manager
LUNA FOR TRADING
FOOD INGREDIENTS & CHEMICALS INDUSTRIES
Registered &
Physical Address
Building : Luna Company Building
Area : Zarqa Free Zone
Town : Zarqa
Country : Jordan
Telephone : (962-5) 3826507
Facsimile : (962-5) 3979013
Mobile : (962-79) 5315710
Email : ahmed1987_20@yahoo.com
Premises
Subject operates
from a small suite of offices and a warehouse that are rented and located in
the Zarqa Free Zone.
Name Position
·
Dr
George Amin Yousef Managing
Director
·
Ramzi
George Amin Yousef Director
·
Rania
George Amin Yousef Director
·
Dr
Ahmed Jalal Commercial
Manager
Date of Establishment : 3rd
June 2007
Legal Form :
Limited Liability Company
Commercial Reg. No. : 2109/4
National ID No. :
20006076
Issued Capital : JD 1,500,000
Paid up Capital : JD 1,500,000
Name of
Shareholder (s)
·
Dr George
Amin Yousef
·
Ramzi
George Amin Yousef
·
Rania
George Amin Yousef
·
The
Egyptian Luna Co
Zarqa Free Zone
Zarqa
Tel: (962-5) 3826507
Fax: (962-5) 3979013
·
Luna Co
for Trading Ingredients for Food and Chemical Industries
Amreya Free Zone
Alexandria
Egypt
Tel: (20-3) 4500495 / 4500496
Fax: (20-3) 4500302
·
Luna
Industrial Investments
72 EL Sharikat Street
Ghamra
PO Box: 43
Cairo 11251
Tel: (20-2) 22361501 / 22344117
Fax: (20-2) 22361504 / 22322858
·
Luna
for Flavors & Fragrances
83 Industrial Zone 2
6th October City
Tel: (20-2) 38332440
Fax: (20-2) 38332416
·
Luna
PAC
Industrial Zone 4, Part 76
6th October City
Tel: (20-2) 38334800
Fax: (20-2) 38334448
Activities: Engaged in the import and distribution of food
ingredients, flavourings and chemicals for the
pharmaceutical industry.
Import
Countries: Europe and the
Far East.
Operating Trend: Steady
Subject has a
workforce of 5 employees.
Financial highlights
provided by local sources are given below:
Currency: Jordanian
Dinars (JD)
Year
Ending 31/12/10: Year
Ending 31/12/11:
Total Sales JD 2,500,000 JD 2,750,000
Local sources
consider subject’s financial condition to be Fair.
The above financial
figures are based on estimations by our local sources.
·
Arab
Bank Plc
King Hussein Street
PO Box: 145
Zarqa
Tel: (962-5) 3983381
Fax: (962-5) 3994522
No complaints
regarding subject’s payments have been reported.
Local sources
report that payment obligations are met in a generally timely manner and the
operating history is clear. As such the company is deemed a fair trade risk
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.42 |
|
UK Pound |
1 |
Rs.86.04 |
|
Euro |
1 |
Rs.68.61 |
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 |
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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 |
---- |
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.