MIRA
INFORM REPORT
|
Report Date : |
27.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
KAIMOO TRAVELS & HOTEL SERVICES PVT LTD |
|
|
|
|
Registered Office : |
H Maagala Bldg Meheli Goalhi St, Male 2001 |
|
|
|
|
Country : |
Maldives |
|
|
|
|
Date of Incorporation : |
31.01.1979 |
|
|
|
|
Legal Form : |
Private Limited |
|
|
|
|
Line of Business : |
Specialized professional services, including Hotels,
Entertainment & Recreation |
|
|
|
|
No. of Employees : |
500 |
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) |
|
Maldives |
C1 |
C1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
REGISTERED NAME & COMPANY
SUMMARY
|
Organization Name |
: |
KAIMOO TRAVELS &
HOTEL SERVICES PVT LTD |
|
Address |
: |
H Maagala Bldg Meheli
Goalhi St, Male 2001 |
|
Country |
: |
Maldives |
|
Phone (S) |
: |
[+960]-3338811 |
|
Facsimile |
: |
[+960]-3338822 |
|
Email |
: |
kaimoo@dhivehinet.net.mv |
|
Website |
: |
http://www.kaimoo.com |
|
Primary Business
Activity |
: |
Service |
|
Key Industry |
: |
Hotel, Entertainment
& Recreation |
|
Registered Legal Address |
: |
H Maagala Bldg Meheli
Goalhi St, Male 2001 |
|
Operational Address |
: |
H Maagala Bldg Meheli
Goalhi St, Male 2001 |
|
Issuing Authority |
: |
Ministry of Economic
Development - National |
|
License Number |
: |
C-489 |
|
License Status |
: |
License exists - Normal. |
|
Legal Form - Category |
: |
Private Company with
Limited Liability |
|
Legal Form |
: |
Private Limited |
|
Legal Form -
Abbreviation |
: |
PVT LTD |
|
Operational Status of
Business |
: |
Normal |
|
Date of Registration |
: |
31 Jan, 1979 |
|
Employees |
: |
500 |
|
Capital |
: |
n/a(1) |
|
Note |
: |
(1) Not applicable. |
DIRECTORS/MANAGEMENT
|
COMPANY DIRECTORS |
|
1 |
|
|
|
Personal Unique
Identifier |
: |
MI03169062 |
|
Name |
: |
Mr. Kandi Ahmed Ismail |
|
Nationality |
: |
Maldivian |
|
2 |
|
|
|
Personal Unique
Identifier |
: |
MI03169064 |
|
Name |
: |
Ms. Moomina Haleem |
|
Nationality |
: |
Maldivian |
NEGATIVE INFORMATION
|
LITIGATION |
|
No Record Found |
|
ADVERSE DATA MONITORING |
|
SHARE & SHARE CAPITAL
INFORMATION
|
Capital |
: |
n/a(1) |
|
Total number of
shareholders |
: |
2 |
|
Total number of shares |
: |
n/a |
|
Currency |
: |
MVR - Maldives Rufiyaa |
|
No. |
Shareholders |
Country |
Shares |
||
|
Number |
Amount (MVR) |
% |
|||
|
1 |
Mr. Kandi Ahmed Ismail |
Maldives |
n/a |
n/a |
n/a |
|
2 |
Ms. Moomina Haleem |
Maldives |
n/a |
n/a |
n/a |
|
Total |
n/a |
n/a |
n/a |
||
PAYMENT INFORMATION
|
DOMESTIC SALES &
PURCHASES |
|||||
|
|
DEBT |
|
No Record Found |
GROUP STRUCTURE & AFFILIATED
COMPANIES
N/a
FINANCIAL INFORMATION
|
FINANCIAL STATEMENT -
DETAILED |
|
Based on the corporate
laws of Maldives, legal entities which are Private Company with Limited Liability
are not required to make public disclosure of their annual financials.
Therefore no financials are available for this entity. |
FOREIGN EXCHANGE RATES
|
Today's
Exchange rate |
: |
|
ADDITIONAL INFORMATION
|
Employees |
: |
500 |
|
Country |
: |
Maldives |
|
Business Entity Name |
: |
KAIMOO TRAVELS &
HOTEL SERVICES PVT LTD |
|
Primary Business
Activity |
: |
Service |
|
Primary Industry |
: |
Hotel, Entertainment
& Recreation |
|
Office Contact Details |
||
|
Operating Address |
: |
H Maagala Bldg Meheli
Goalhi St, Male 2001 |
|
Tel |
: |
[+960]-3338811 |
|
|
: |
[+960]-3318005 |
|
|
: |
[+960]-3332075 |
|
Fax |
: |
[+960]-3338822 |
|
|
: |
[+960]-3318057 |
|
Email |
: |
kaimoo@dhivehinet.net.mv |
|
Website Details |
||
|
Website |
: |
http://www.kaimoo.com |
|
Status |
: |
Normal - operational |
|
Country of Registration |
: |
Maldives |
|
Ownership Type |
: |
Registered ownership by
Subject Business Entity |
Primary Products
|
Products / Materials /
Services Description |
Activity |
|
Hotel services |
Service |
|
Hotels |
Service |
|
Resorts |
Service |
|
SIC PRODUCT CLASSIFICATION
& ACTIVITY |
|||||||||
|
|
HARMONIZED PRODUCT
CLASSIFICATION & ACTIVITY |
||||||
|
|
CORE BUSINESS
DESCRIPTION |
|
Core Business |
|
The primary business
focus of KAIMOO TRAVELS & HOTEL SERVICES PVT LTD is Specialized
professional services, including: Hotels Resorts |
|
LOCAL BRANCHES &
MANAGEMENT |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
OFFICE & FACILITIES |
||||||||||||
|
|
REPUTATION |
|
Reference checking for
the purpose of establishing the KAIMOO TRAVELS & HOTEL SERVICES PVT LTD's
reputation within the respective industry failed to reveal any adverse
information. |
NOTES & COMMENTS
N/a
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.95 |
|
UK Pound |
1 |
Rs.86.56 |
|
Euro |
1 |
Rs.67.95 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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.