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Report Date : |
18.05.2012 |
IDENTIFICATION DETAILS
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Name : |
INTERLINK TRADING CO LLC |
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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 : |
22.08.1990 |
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Com. Reg. No.: |
76535, |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Distributors of scrap and waste metals |
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No. of Employees : |
12 |
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) |
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A2 |
A2 |
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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 |
Company Name : INTERLINK TRADING CO LLC
Country of Origin :
Legal Form : Limited Liability Company - LLC
Registration Date : 22nd August 1990
Commercial Registration Number : 76535,
Trade Licence Number : 223560
Chamber Membership Number : 19936
Issued Capital : UAE Dh 300,000
Paid up Capital : UAE Dh 300,000
Total Workforce : 12
Activities : Distributors of scrap and waste metals.
Financial Condition : Fair
Payments : Nothing detrimental uncovered
Operating Trend : Steady
Person Interviewed : Khalid Mahmoudollah Deen, Director
INTERLINK TRADING
CO LLC
Registered &
Physical Address
Building :
Area : Al Qusais Area
PO Box : 117987
Town :
Country :
Telephone : (971-4) 2279755 / 3347748 / 3341925
Facsimile : (971-4) 3555584
Email : mail.interlink@gmail.com
Please note that
subject’s previous address was,
Premises
Subject operates
from a small suite of offices that are rented and located in the Central
Business Area of Dubai.
Name Nationality Position
·
Ihtisham
Safdar Mahmoud Pakistani Managing Director
·
Khalid
Mahmoudollah Deen Pakistani Director
·
Saeed
Salem Saeed Mubarak Emirati Director
Date of Establishment : 22nd
August 1990
Legal Form :
Limited Liability Company -
LLC
Commercial Reg. No. : 76535,
Trade Licence No. : 223560
(Expires 18/08/2012)
Chamber Member No. : 19936
Issued Capital : UAE Dh 300,000
Paid up Capital : UAE Dh 300,000
Name of Shareholder
(s) Percentage
·
Saeed
·
Ihtisham
Safdar Mahmoud 25%
·
Khalid
Mahmoudollah Deen 24%
·
JDH International LLC
Activities: Engaged in the import and distribution of
scrap and waste metals.
Import
Countries: Europe and the
Operating Trend: Steady
Subject has a
workforce of 12 employees.
Financial highlights
provided by local sources are given below:
Currency:
Year
Ending 31/12/10: Year
Ending 31/12/11:
Total Sales UAE Dh
18,900,000 UAE Dh
22,600,000
Local sources
consider subject’s financial condition to be Fair.
The above figures
were provided by Mr Khalid Mahmoudollah Deen, Director
·
National
Bank of
PO Box: 777
Tel: (971-4) 2222241
No complaints
regarding subject’s payments have been reported.
During the course
of this investigation nothing detrimental was uncovered regarding subject’s
operating history or the manner in which payments are fulfilled. As such the
company is considered to be a fair trade risk.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
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US Dollar |
1 |
Rs.54.29 |
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1 |
Rs.86.61 |
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Euro |
1 |
Rs.68.87 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.