|
Report Date : |
25.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
HAKIMI TRADERS |
|
|
|
|
Registered Office : |
198/1, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
2011 |
|
|
|
|
Date of Incorporation : |
2004 |
|
|
|
|
Legal Form : |
Proprietorship Company |
|
|
|
|
Line of Business : |
Importing & Selling of Industrial Equipment |
|
|
|
|
No. of Employees : |
08 |
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 |
Hakimi
Traders |
|
Address |
198/1,
|
|
Country |
Bangladesh |
|
Telephone No |
880-2-7118285, 7123019 |
|
Fax
No |
880-2-9567912 |
|
E-Mail |
baquir@bijoy.net |
|
Website |
NIL |
|
Established |
2004 |
|
Legal Status |
Proprietorship Company |
|
Business Type |
Importer
and Seller |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from local suppliers or banks. |
|
Head Office |
198/1, |
|
Telephone No |
880-2-7118285, 7123019 |
|
Fax
No |
880-2-9567912 |
|
E-Mail |
baquir@bijoy.net |
|
Website |
NIL |
|
Branch |
NIL |
|
Factory |
N/A |
|
Factory Tel No |
N/A |
|
Factory Fax No |
N/A |
|
Warehouse |
198/1, |
|
Name |
Mr. Baquir Hossain |
|
Designation |
Proprietor |
|
Nationality |
Bangladeshi |
|
Line
of Business |
Importing
& Selling |
|
Items Dealing In |
Industrial Equipment
|
|
Terms of Purchase |
Import: Against L/C
|
|
Terms
of Sale |
Local: Cash or Credit |
|
Name |
Mercantile Bank Limited |
|
Branch |
Nawabpur Branch |
|
Address |
Nawabpur Road, Dhaka
|
|
SWIFT |
N/A |
|
Year |
2011 |
2010 |
2009 |
|
Investment |
Tk.12 million |
Tk.12 million |
Tk.10 million |
|
Turnover |
Tk.108.6 million |
Tk.108 million |
Tk.106 million |
|
Liability |
Tk.2.2 million |
Tk.2.6 million |
Tk.3 million |
|
Assets |
Tk.16 million |
Tk.16 million |
Tk.16 million |
|
Authorized
Capital |
N/A |
|
Paid
Up Capital |
N/A |
|
Each
Share Value |
N/A |
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
128.5516 |
|
U.S Dollar |
1 |
81.8800 |
|
European Euro |
1 |
103.0460 |
|
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 |
|
Employees |
08 |
|
Office
Area (Sq. Ft) |
1,750 sq.ft (rented) |
|
Factory
Area (Sq. Ft) |
N/A |
|
Warehouse
Area (Sq. Ft) |
3,500 sq.ft (rented) |
|
Range
of Products |
4 Ladder 4 Agricultural Machineries |
|
Import
From |
4
Taiwan 4
Malaysia 4
China 4
India |
|
Certifications |
NIL |
|
Group
Name |
NIL |
|
Subsidiaries
/ Affiliates |
NIL |
|
Member |
4
Dhaka Chamber of Commerce & Industries, Dhaka |
|
Business
Scale |
Medium |
|
Business
Trend |
Growing |
|
Management
Capability |
Good |
|
Reputation |
Good |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.56.28 |
|
|
1 |
Rs.88.25 |
|
Euro |
1 |
Rs.70.81 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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.