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Report Date : |
28.03.2012 |
IDENTIFICATION DETAILS
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Name : |
NEW BENSON TRADING (PVT) LTD |
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Registered Office : |
No.186, |
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Country : |
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Date of Incorporation : |
27.05.2009 |
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Com. Reg. No.: |
PV 67913 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Trader & importer of food item like, Sugar, onion, chili etc |
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No. of Employees : |
75 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Sri Lanka |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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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 |
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a. |
Name of Subject of Inquiry |
: |
NEW BENSON TRADING
(PVT) LTD
|
|
b. |
Legal Form & Status |
: |
Private Limited Liability Company (In
Operation) |
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c. |
Managing Director |
: |
J. M. Jesanco Coonghe |
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d. |
Primary Line of Business |
: |
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e. |
Place of Business |
: |
No.186, Bankshall Street, Colombo – 11, Sri Lanka. Tel. No: (00 94 11) 233 2475 /2472193 Fax No: (00 94 11) 247 2074 E-mail: benson.trading@yahoo.com |
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g. |
No. of Employees |
: |
75 |
|
a. |
Registration
No |
: |
PV 67913 |
||
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b. |
Date
of Registration |
: |
27th May 2009 |
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c. |
Registered
Office |
: |
No.186, Bankshall Street, Colombo-11 |
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d. |
Board of Directors As At 31st December 2010 |
: |
J. M. Jesanco Coonghe |
Managing Director |
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|
J. J. Jerry Coonghe |
Director |
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e. |
Issued
Share Capital |
: |
Rs 20.00 |
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f. |
Nominal
Value of Share |
: |
Rs 10.00 |
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g. |
Major Share Holders As At 31st December 2010 |
: |
Major
Share Holders |
No.
of Shares |
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J. M. Jesanco Coonghe |
01 |
||||
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J. J. Jerry Coonghe |
01 |
||||
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h. |
Auditors |
: |
Management
Accounts |
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i. |
Company
Secretaries |
: |
Joseph Jovin Jerry Coonghe |
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j. |
Bankers |
: |
National Saving Bank |
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·
History.
·
Location.
The Subject Company is located
at the client given address No.186,
Bankshall Street, Colombo-11
·
Operational
Details.
General
The
subject company primary line of business is Import and distribute of
commodities, food items, china ware…etc
Products
Commodities,
food items, china ware…etc
Import
Countries
India, China, Taiwan, Australia, Pakistan
No of
Employees
75
|
Name |
J. M. Jesanco Coonghe |
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ID Number |
630512328 V |
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Nationality |
Sri Lankan |
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Gender |
Male |
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Date of Birth |
20th February
1963 |
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Age |
49 Years |
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Name |
J. J. Jerry Coonghe |
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ID Number |
750460739 V |
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Nationality |
Sri Lankan |
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Gender |
Male |
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Date of Birth |
15th February
1975 |
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Age |
37 Years |
·
Financial
Data
The
company has declined to provide information on its finances
Further, In Sri Lanka, Private
Companies do not publish their Accounts for Public us other than the
Shareholders
·
Trade references
The subject company does not provide trade references:
·
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
|
Name |
Mr. Lilantha |
|
Designation |
Import Manager |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.90 |
|
|
1 |
Rs.81.27 |
|
Euro |
1 |
Rs.67.98 |
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 |
|
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.