|
Report Date : |
09.03.2013 |
IDENTIFICATION DETAILS
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Name : |
U C A LANKA (PVT) LTD |
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Registered Office : |
# 13-B, Horana E.P.Z of BOI, Horana, Sri
Lanka |
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Country : |
Sri Lanka |
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|
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Date of Incorporation : |
04.11.2003 |
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|
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Com. Reg. No.: |
PV 16320 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Manufacturers and Exporters of Chemicals |
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|
|
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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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Status : |
Moderate |
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|
|
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Sri Lanka |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
|
Name of Subject of Inquiry |
: |
U C A LANKA
(PVT) LTD |
|
Legal Form & Status |
: |
Private Limited Liability Company (In operation) |
|
CEO |
: |
R. Vinod Gupta |
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Primary Line of Business |
: |
Manufacturers
and Exporters of Chemicals. |
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Head Office & Factory |
: |
#
13-B, BOI Export Processing Zone, Puruwandala, Horana, Sri
Lanka, Tel.
No: (00 94 34) 225 5200 Fax No: (00 94 34) 225 5200 E-mail: sales@ucalanka.com |
|
No. of Employees |
: |
Not
Disclosed |
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Registration No |
: |
N (PVS) 35541 |
||
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Date of
Registration |
: |
4th November 2003 |
||
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Re-registration
No |
|
PV 16320 |
||
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Date of
Re-registration |
|
08th October 2009 |
||
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Registered
Office |
: |
#
13-B, Horana E.P.Z of BOI, Horana, Sri Lanka |
||
|
Board Of
Directors As At 31st
December 2010 |
: |
R. Vinod Gupta |
CEO |
|
|
Abhinav Gupta |
Director |
|||
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Issued Share
Capital |
: |
Rs. 15,000,000.00 |
||
|
Nominal Value of
Share |
: |
Rs. 10.00 |
||
|
Share Holders As At 31st
December 2010 |
: |
Share Holders |
No of Shears |
|
|
G.
Muthuramalingam Vijayeavel |
150,000 |
|||
|
Nellainayagam
Ganesan |
150,000 |
|||
|
V.R. Gupta |
35,000 |
|||
|
Ranjana Gupta |
1,165,000 |
|||
Secretaries
|
:
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C.G. Corporate Consultants |
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Auditors |
: |
Management Frontiers |
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Bankers |
: |
State Bank Of India |
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·
History.
The Subject Company U C A LANKA (PVT) LTD is a Private
Limited liability Company
incorporated on 4th November 2003 under registration number N (PVS) 35541 and then the company was re-registered on 08th October 2009 under
registration number PV 16320
·
Location.
The Subject
Company is located at the client # 141,
Sri Wickrama Mawatha, Mattakkuliya, Colombo-15.
·
Operational
Details.
General
The subject
company primary line of business is a Manufacturers
and Exporters of Zinc Oxide for Rubber industries, Tiles and Paint industries.
The company is a 100% export orient company and also a BOI.
Products
Zinc Oxide
Export Country
India
Employees
Not Disclosed
Directors Details
01)
|
Name |
R. Vinod Gupta |
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Nationality |
India |
|
Passport Number |
F 6819804 |
02)
|
Name |
Abhinav Gupta |
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Nationality |
India |
|
Passport Number |
G 3337513 |
·
Financial Data
The company has declined
to provide information on its finances
·
Trade references
The subject
company did not provide any trade reference referrals
·
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.54.40 |
|
UK Pound |
1 |
Rs.81.57 |
|
Euro |
1 |
Rs.71.24 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.