|
Report Date : |
27.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
LANDMARK FABRICS LIMITED |
|
|
|
|
Registered Office : |
Landmark Complex, Sadhur Para, Baro Ashulia, Savar, Dhaka |
|
|
|
|
Country : |
Bangladesh |
|
|
|
|
Date of Incorporation : |
25.10.2000 |
|
|
|
|
Com. Reg. No.: |
C-41611 |
|
|
|
|
Legal Form : |
Private Limited |
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|
|
|
Line of Business : |
Manufacturing & Exporting of Ready-Made Sweaters |
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|
|
|
No. of Employees : |
2,600 |
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) |
|
Bangladesh |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Name |
Landmark Fabrics
Limited |
|
Address |
Landmark Complex, Sadhur Para, Baro Ashulia, Savar, Dhaka |
|
Country |
Bangladesh |
|
Telephone No |
880-2-7741935-8,
7748100-103, 06668200006-9 |
|
Fax No |
880-2-7741937 |
|
E-Mail |
|
|
Website |
www.landmark-grpbd.com |
|
Established |
2000 |
|
Company Registration No |
C-41611 |
|
Registration date |
25th October 2000
|
|
Legal Status |
Private Limited |
|
Issuing Authority |
The
Registrar of Joint Stock Companies & Firms, Dhaka |
|
Business Type |
Manufacturer
& Exporter |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from
local suppliers or banks. |
|
Head Office |
House # B/172,
Road 23, New DOHS, Mohakhali, Dhaka-1206, Bangladesh |
|
Telephone No |
880-2-8811679,
8814839, 8815817, 8812451 |
|
Fax No |
880-2-8823999,
8815868 |
|
E-Mail |
|
|
Website |
www.landmark-grpbd.com |
|
Branch |
NIL |
|
Factory |
Landmark
Complex, Sadhur Para, Baro Ashulia, Savar, Dhaka |
|
Factory Tel No |
880-2-7741935-8,
7748100-103, 06668200006-9 |
|
Factory Fax No |
880-2-7741937 |
|
Warehouse |
Landmark Complex,
Sadhur Para, Baro Ashulia, Savar, Dhaka |
|
Name |
Mr. Dipak
Bhowmik |
|
Designation |
Chairman |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mrs. Bina
Bhowmik |
|
Designation |
Managing
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Rajesh
Bhowmik |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Rakesh
Bhowmik |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Ms. Dipa
Bhowmik |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
Name |
Mr. Dipak
Bhowmik |
|
Share Percent |
0.2% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mrs. Bina
Bhowmik |
|
Share Percent |
0.08% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Rajesh
Bhowmik |
|
Share Percent |
0.03% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Rakesh
Bhowmik |
|
Share Percent |
0.03% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Ms. Dipa
Bhowmik |
|
Share Percent |
0.02% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Landmark Design
Wear Limited |
|
Share Percent |
66.4% |
|
Country |
Bangladesh |
|
|
|
|
Name |
Landmark Fashion
Wear Limited |
|
Share Percent |
33.2% |
|
Country |
Bangladeshi |
|
Line of Business |
Manufacturing
& Exporting |
|
Items Dealing In |
Ready-Made
Sweaters |
|
Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
|
Terms of
Purchase |
Export: Against L/C |
|
Name |
Janata
Bank Ltd |
|
Branch |
Local Office
Branch |
|
Address |
1. Dilkusha C/A, Dhaka-1000 |
|
SWIFT |
JANBBDDHAJBD |
|
|
|
|
Name |
National
Bank Ltd |
|
Branch |
Mohakhali Branch |
|
Address |
9, Mohakhali C/A, Dhaka-1212. |
|
SWIFT |
NBLBBDDHA43 |
|
|
|
|
Name |
Southeast
Bank Ltd |
|
Branch |
Gulshan Branch |
|
Address |
Plot # 82, CES (F)1, Gulshan Avenue, Dhaka-1212 |
|
SWIFT |
SEBDBDDHAGUL |
|
|
|
|
Name |
Eastern
Bank Ltd |
|
Branch |
Dilkusha Branch |
|
Address |
Jibon Bima Bhaban (2nd Floor), 10, Dilkusha Com. Area, Dhaka-1000 |
|
SWIFT |
EBLD-BD-DH |
|
Year |
2011 |
2010 |
2009 |
|
Investment |
Tk.48 million |
Tk.46 million |
Tk.46 million |
|
Turnover |
Tk.427 million |
Tk.425.6 million |
Tk.425 million |
|
Liability |
Tk.4.7 million |
Tk.6.2 million |
Tk.6.8 million |
|
Assets |
Tk.55 million |
Tk.53 million |
Tk.53 million |
|
Authorized
Capital |
Tk.250 million |
|
Paid Up Capital |
Tk.60,200,000.00 |
|
Each Share Value |
Tk.100.00 |
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
126.6856 |
|
U.S Dollar |
1 |
81.7010 |
|
European Euro |
1 |
99.3321 |
|
Dishonored
Checks |
No Found |
|
Debt |
No Records Found |
|
Litigation |
No Records Found |
|
Performance
Defaults |
No Records Found |
|
Adverse Press
Coverage |
No Records Found |
|
Money Laundering |
No Records Found |
|
Name |
Mr. Dipak
Bhowmik |
|
Designation |
Chairman |
|
Date |
26.07.2012 |
|
Employees |
2,600 |
|
Office Area (Sq.
Ft) |
2,600 sq.ft (rented) |
|
Factory Area
(Sq. Ft) |
55,000 sq.ft (rented) |
|
Warehouse Area
(Sq. Ft) |
8,500 sq.ft (leasd) |
|
Range of
Products |
4 Fleece Shirts 4
T-Shirts 4 Polo-Shirts 4 Tank-Top 4 Ladies Tops |
|
Export
Market |
4 Aldi---------Holland 4 Golden Pfening-Germany 4 Int’l Textile Procurement
Service-Holland |
|
Certifications |
NIL |
|
Group Name |
4 Landmark Group |
|
Subsidiaries /
Affiliates |
4 Landmark Yarn Dyeing Ltd. 4 Landmark Printing & Packaging Industries Ltd. 4 Landmark Design Wear Ltd. 4 Landmark Fashion Wear (Pvt.) Ltd. 4 Landmark Dyeing & Washing Industries Ltd. 4 Landmark Designs Ltd. 4 Landmark Engineers & Real Estate Ltd. 4 R.R. Fabrics Ltd. 4 Gold Land International Ltd. 4 Dipa Sweater Ltd. 4 Dinatex International Ltd. 4 Anima Apparel Ltd. 4 Anima Yarn Dyeing & Sewing Thread Ind. Ltd. 4 Motoren City Ltd. |
|
Member |
4 Dhaka Chamber
of Commerce & Industries, Dhaka 4 Bangladesh
Garments Manufacturers & Exporters Association |
|
Business Scale |
Fairly Large |
|
Business Trend |
Growing |
|
Management
Capability |
Good |
|
Reputation |
Good |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.95 |
|
|
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.