MIRA INFORM REPORT

 

 

Report Date :           

05.03.2012

 

IDENTIFICATION DETAILS

 

Name :

H.D.E.J. INTERNATIONAL (PVT) LTD

 

 

Registered Office :

#239, Ambalanduwa, Panadura

 

 

Country :

Sri Lanka

 

 

Date of Incorporation :

18.10.2011

 

 

Com. Reg. No.:

PV 81949

 

 

Legal Form :

Private Limited Liability Company           

 

 

Line of Business :

Not Available

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Nb

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New company

 

 

Payment Behaviour :

Unknown

 

 

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 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Sri Lanka

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


GENERAL- Basic information at a glance

      

Name of Subject of Inquiry

:

 

H.D.E.J. INTERNATIONAL (PVT) LTD

 

Legal Form  & Status

 

:

 

Private Limited Liability Company

Managing Director/CEO

:

M. S. Rilwan Mohamed

Primary Line of Business

:

Not Disclosed

Head Office

&

Place of Business

 

 

 

 

 

:

 

 

 

 

 

 

 

 

#239, Ambalanduwa,

Panadura.

Sri Lanka

 

Tel. No: (00 94 11) Not Disclosed/Available

 Fax No: (00 94 11) Not Disclosed/Available

No. of Employees

:

Not Disclosed/Available

 

 

COMPANY DETAILS- Registration and Shareholder Details

 

Registration No

:

PV 81949

Date of Registration

:

18th October  2011

Registered Office

:

# 239, Ambalanduwa Panadura

Board of Directors

As at

18th October 2011

:

M.S.Rilwan Mohamed

Managing Director

Issued  Share Capital

:

Rs.    1000.00

Nominal Value of Share

:

Rs.        10.00

Share Holders

As at

18th October 2011

:

Share Holders

No. of    Shares

M.S.Rilwan Mohamed

100

Auditors

:

-Not Disclosed-

Company Secretaries

:

Abdul Jaward Mohamed Nazeem

Bankers

:

-Not Disclosed-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CURRENT INVESTIGATION

 

History.

The Subject Company H.D.E.J. INTERNATIONAL (PVT) LTD is a Private Limited Liability Company incorporated on 18th October 2011 under registration number PV 81949.

 

Location.

The Subject Company is located at the client given address, # 239, Ambalanduwa   Panadura, which is also the registered address of the company. The location is approx 25 kilo meters from Colombo and on the Colombo – Galle Southern Highway 2.

                 

The subject company has been registered only 4 months ago.  It is not been listed in any  of the telephone directories and as such no contact number available.

 

Operational Details.

 

General

The details of the primary line of business of the subject company is not disclosed as yet.

 

Products

Details not available as the company has been formed only few months back.

 

Export/Import Country

Details not available as the company has been formed only few months back.

 

No of Employees

Not Disclosed

 

 

 

 

 

 

 

 

 

 

Director’s Details

 

01)

Name

M.S.Rilwan Mohamed

ID Number

762160420 V

Nationality

Sri Lankan

Gender

Male

Date of Birth

03rd August  1976

Age

36 Years

 

Financial Data

 

Details not available as the company has been formed only few months back.

 

Financial Information of private limited liability/partnership/ proprietorship Companies are not made available for public use. 

 

Credit Recommendations

Since no financial information has been forthcoming from the company, it is not possible to comment on the merits or otherwise of the company.

 

No computerised data bases exist to make checks whether the partners or the company has any legal action or lawsuit initiated against any of them but informal (but not in-depth) checks do not indicate any such cases in the public knowledge.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.35

UK Pound

1

Rs.78.68

Euro

1

Rs.65.63

 

 

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.