|
Report Date : |
25.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
NATIONAL FEED MILL LIMITED |
|
|
|
|
Registered Office : |
House No.102, Road No.3, Block-F, Banani, Dhaka-1213 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
2011 |
|
|
|
|
Date of Incorporation : |
2004 |
|
|
|
|
Com. Reg. No.: |
C-39289 |
|
|
|
|
Legal Form : |
Private Limited |
|
|
|
|
Line of Business : |
Manufacturing & Selling of Poultry & Fish Feed |
|
|
|
|
No. of Employees : |
75 |
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 |
National Feed Mill
Limited |
|
Address |
House
No.102, Road No.3, Block-F, Banani, Dhaka-1213 |
|
Country |
Bangladesh |
|
Telephone No |
880-2-8815909,
8821393 |
|
Fax
No |
880-2-9890640 |
|
E-Mail |
NIL |
|
Website |
NIL |
|
Established |
2004 |
|
Company Registration No |
C-39289 |
|
Registration date |
15th August 2004 |
|
Legal Status |
Private Limited |
|
Issuing Authority |
The Registrar of Joint Stock Companies & Firms, Dhaka |
|
Business Type |
Manufacturer
& Seller |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from local suppliers or banks. |
|
Head Office |
House
No.102, Road No.3, Block-F, Banani, Dhaka-1213 |
|
Telephone No |
880-2-8815909,
8821393 |
|
Fax
No |
880-2-9890640 |
|
E-Mail |
NIL |
|
Website |
NIL |
|
Branch |
NIL |
|
Factory |
Gazipur |
|
Factory Tel No |
NIL |
|
Factory Fax No |
NIL |
|
Warehouse |
Gazipur |
|
Name |
Mr.
Sobhan Ali |
|
Designation |
Chairman |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr.
Akhter Hossain Babul |
|
Designation |
Managing Director |
|
Nationality |
Bangladeshi |
|
Name |
Mr.
Sobhan Ali |
|
Share Percent |
50% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr.
Akhter Hossain Babul |
|
Share Percent |
50% |
|
Nationality |
Bangladeshi |
|
Line
of Business |
Manufacturing
& Selling |
|
Items Dealing In |
Poultry
& Fish Feed |
|
Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
|
Terms
of Purchase |
Local: Cash or Credit |
|
Name |
Bangladesh
Krishi Bank |
|
Branch |
Main
Branch |
|
Address |
Motijheel Commercial Area, Dhaka |
|
SWIFT |
N/A |
|
Year |
2011 |
2010 |
2009 |
|
Investment |
Tk.16 million |
Tk.15 million |
Tk.15 million |
|
Turnover |
Tk.134 million |
Tk.132.6 million |
Tk.132 million |
|
Liability |
Tk.4 million |
Tk.4.8 million |
Tk.5 million |
|
Assets |
Tk.23 million |
Tk.21 million |
Tk.21 million |
|
Authorized
Capital |
Tk.3 million |
|
Paid
Up Capital |
Tk.100,000.00 |
|
Each
Share Value |
Tk.100.00 |
|
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 |
75 |
|
Office
Area (Sq. Ft) |
1,800 sq.ft (rented) |
|
Factory
Area (Sq. Ft) |
45,500 sq.ft (rented) |
|
Warehouse
Area (Sq. Ft) |
6,500
sq.ft.(rented) |
|
Range
of Products |
4 Poultry Feeds 4 Fish Feeds |
|
Major
Clients |
4 Local
Poultry Farm 4 Local
Fish Hatchery |
|
Certifications |
NIL |
|
Group
Name |
NIL |
|
Subsidiaries
/ Affiliates |
4 National Hatchery
(Pvt.) Limited 4 National Feed Meal
& Hatchery (Pvt.) Limited |
|
Member |
4
Dhaka Chamber of Commerce & Industries, Dhaka |
|
Business
Scale |
Large |
|
Business
Trend |
Growing |
|
Management
Capability |
Good |
|
Reputation |
Good |
|
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.