MIRA INFORM REPORT

 

 

Report Date :

25.09.2013

 

IDENTIFICATION DETAILS

 

Name :

TELPHA INC

 

 

Registered Office :

1 St 476 Sangkat Toul Tum Poung I, Khan Chamcarmorn, Phnom Penh 12310

 

 

Country :

Cambodia

 

 

Date of Incorporation :

02.05.2008

 

 

Legal Form :

Private Company with Limited Liability

 

 

Line of Business :

Trader of Medical Equipment & Pharmaceutical.

 

 

No. of Employees :

23

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

Unknown

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, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Cambodia

B2

B2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

CAMBODIA - ECONOMIC OVERVIEW

 

Since 2004, garments, construction, agriculture, and tourism have driven Cambodia's growth. GDP climbed more than 6% per year between 2010 and 2012. The garment industry currently employs more about 400,000 people and accounts for about 70% of Cambodia's total exports. In 2005, exploitable oil deposits were found beneath Cambodia's territorial waters, representing a potential revenue stream for the government, if commercial extraction becomes feasible. Mining also is attracting some investor interest and the government has touted opportunities for mining bauxite, gold, iron and gems. The tourism industry has continued to grow rapidly with foreign arrivals exceeding 2 million per year since 2007 and reaching over 3 million visitors in 2012. Cambodia, nevertheless, remains one of the poorest countries in Asia and long-term economic development remains a daunting challenge, inhibited by endemic corruption, limited educational opportunities, high income inequality, and poor job prospects. Approximately 4 million people live on less than $1.25 per day, and 37% of Cambodian children under the age of 5 suffer from chronic malnutrition. More than 50% of the population is less than 25 years old. The population lacks education and productive skills, particularly in the impoverished countryside, which also lacks basic infrastructure. The Cambodian Government is working with bilateral and multilateral donors, including the Asian Development Bank, the World Bank and IMF, to address the country's many pressing needs; more than 50% of the government budget comes from donor assistance. The major economic challenge for Cambodia over the next decade will be fashioning an economic environment in which the private sector can create enough jobs to handle Cambodia's demographic imbalance

Source : CIA

 

REGISTERED NAME & COMPANY SUMMARY

 

Company Details

 

Organization Name

:

TELPHA INC

Address

:

1 St 476 Sangkat Toul Tum Poung I, Khan Chamcarmorn, Phnom Penh 12310

Country

:

Cambodia

Phone (S)

:

[+855] 23-213504

Facsimile

:

[+855] 23-210351

Email

:

telphainc@gmail.com

Website

:

http://www.telphainc.com

Primary Business Activity

:

Trader

Key Industry

:

Medical Equipment & Pharmaceutical

 

Key Facts

 

Registered Legal Address

:

1 St 476 Sangkat Toul Tum Poung I, Khan Chamcarmorn, Phnom Penh 12310

Operational Address

:

1 St 476 Sangkat Toul Tum Poung I, Khan Chamcarmorn, Phnom Penh 12310

Issuing Authority

:

Ministry of Commerce - Commercial Registry - National

License Number

:

Co4850/08E

License Status

:

License exists - Normal.

Legal Form - Category

:

Private Company with Limited Liability

Legal Form

:

Incorporated

Legal Form - Abbreviation

:

INC

Operational Status of Business

:

Normal

Date of Registration

:

2 May, 2008

Employees

:

23

Capital

:

US$ 4,878

 

 

Report Details

 

 

Country

:

Cambodia

Business Entity Name

:

TELPHA INC

Primary Business Activity

:

Trader

Primary Industry

:

Medical Equipment & Pharmaceutical

Office Contact Details

Operating Address

:

1 St 476 Sangkat Toul Tum Poung I, Khan Chamcarmorn, Phnom Penh 12310

Tel

:

[+855] 23-213504

 

:

[+855] 23-6328289

Fax

:

[+855] 23-210351

Email

:

telphainc@gmail.com
salescam@telphainc.com
accountcam@telphainc.com

Website Details

Website

:

http://www.telphainc.com

Status

:

Normal - operational

Ownership Type

:

Registered ownership by Subject Business Entity

 

 

 

DIRECTORS/MANAGEMENT

 

Key Person

Legal Title

:

Chairman

Name

:

Mr. Sharma Vivek

Registered Address

:

Phum Chrey Kaung, Khum Slar Kert, Battambang

Nationality

:

Indian

 

 

COMPANY MANAGEMENT

 

Management Listings

 

 

Name

Nationality

Job Description

Dept. / Division

1

Mr. Sharma Vivek

Indian

Managing Director

-

 

Management Details - 1

Personal Unique Identifier

:

MI03148091

Name

:

Mr. Sharma Vivek

 

Registered address

:

Phum Chrey Kaung Khum Slar Kert Battambang

Country of Residence

:

Cambodia

 

 

COMPANY DIRECTORS

 

1

 

 

Personal Unique Identifier

:

MI03148091

Name

:

Mr. Sharma Vivek

Nationality

:

Indian

Registered Address

:

Phum Chrey Kaung ,Khum Slar Kert ,Battambang

Country of Residence

:

Cambodia

 

2

 

 

Personal Unique Identifier

:

MI03523067

Name

:

Mr. Vall Abhaneni Pundari Baba

Nationality

:

Indian

 

 

NEGATIVE INFORMATION

 

 

REPUTATION

 

Reference checking for the purpose of establishing the TELPHA INC's reputation within the respective industry failed to reveal any adverse information.

 

 

NEGA-SCAN - ADVERSE DATA MONITORING

 

 

DISHONORED CHECKS

 

No Record Found

 

http://www.asiancredit.com/Manage/Image/space.gif

 

DEBT

 

No Record Found

 

http://www.asiancredit.com/Manage/Image/space.gif

 

LITIGATION

 

No Record Found

 

http://www.asiancredit.com/Manage/Image/space.gif

 

PERFORMANCE DEFAULTS

 

No Record Found

 

http://www.asiancredit.com/Manage/Image/space.gif

 

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY

 

No Record Found

 

http://www.asiancredit.com/Manage/Image/space.gif

 

SHARE & SHARE CAPITAL INFORMATION

 

CAPITAL (Currency: KHR - Cambodia Riel)

 

Authorized Capital

:

20,000,000

 

 

SHAREHOLDERS

 

Total number of shareholders

:

2

Total number of shares

:

1,000

 

Currency

:

KHR - Cambodia Riel

 

No.

Shareholders

Country

Shares

Number

Amount (KHR)

%

1

Mr. Vall Abhaneni Pundari Baba

India

600

n/a

60.00

2

Mr. Sharma Vivek

India

400

n/a

40.00

Total

1,000

n/a

100.00

 

 

PAYMENT INFORMATION

 

PAYMENT TERMS

 

Selling

 

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~60 days

 

Purchasing

 

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~60 days

Import

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Executed at time of transaction

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Na

 

 

FINANCIAL INFORMATION

 

 

FINANCIAL STATEMENT - DETAILED

 

Based on the corporate laws of Cambodia, legal entities which are Private Company with Limited Liability are not required to make public disclosure of their annual financials. Therefore no financials are available for this entity.

 

 

FOREIGN EXCHANGE RATES

 

Today's Exchange rate

:

1.00 KHR
Cambodia Riel

=

0.000244 USD
United States Dollars

 

 

ADDITIONAL INFORMATION

 

Primary Products

Products / Materials / Services Description

Activity

Analgesics

Importing, Trading

Anti-emetics

Importing, Trading

Anti-inflammatory

Importing, Trading

Anti-spasmodic

Importing, Trading

Antibiotic

Importing, Trading

 

 

SIC PRODUCT CLASSIFICATION & ACTIVITY

 

 

 

Product/Service Description

Code

Activity

Medicinals and botanicals

2833

Importing, Trading

Pharmaceutical preparations

2834

Importing, Trading

Toilet preparations

2844

Importing, Trading

 

 

 

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

 

 

 

Product/Service Description

Code

Activity

Analgesics, antipyretics and non-hormonal anti-inflammatory agents

2933903100

Importing, Trading

Antibiotics

2941

Importing, Trading

Medicaments nesoi, mixed or not, in dosage etc form

3004

Importing, Trading

Multiple vitamins combined with minerals or other nutrients

3004505030

Importing, Trading

Personal deodorants and antiperspirants

3307200000

Importing, Trading

Pharmaceutical products

3000

Importing, Trading

Toothbrushes

9603210000

Importing, Trading

 

 

 

 

DETAILED PRODUCT CLASSIFICATION & ACTIVITY

 

 

 

Products / Materials / Services Description

Ranking

Activity

Antipyretic

Primary

Importing, Trading

Bronchodilators

Primary

Importing, Trading

Cardiovascular drugs

Primary

Importing, Trading

Gastroenterology drugs

Primary

Importing, Trading

Medicines

Primary

Importing, Trading

Multivitamins

Primary

Importing, Trading

Pharmaceutical products

Primary

Importing, Trading

Deodorants

Secondary

Importing, Trading

Toothbrushes

Secondary

Importing, Trading

 

 

 

 

CORE BUSINESS DESCRIPTION

 

 

 

Core Business

 

The primary business focus of TELPHA INC is Trading - Finished products.

Key products include :

Analgesics

Anti-emetics

Anti-inflammatory

Anti-spasmodic

Antibiotic

Antipyretic

Bronchodilators

Cardiovascular drugs

Gastroenterology drugs

Medicines

Multivitamins

Pharmaceutical products


An integral part of the core business includes:

Distribution - Via privately-operated retail stalls in department stores

 

 

 

Supplementary Business

 

In addition to the core business, TELPHA INC also is engaged in the following areas of business:

Importing

Importing - Finished products

 

 

 

 

DOMESTIC SALES & PURCHASES

 

 

 

Annual Sales Analysis

Percentage

Domestic Sales

100%

 

 

 

 

Annual Purchases Analysis

Percentage

Local Purchases

60%

Imports

40%

 

 

 

 

INTERNATIONAL TRADE - Activity & Markets

 

 

 

 

Country / Region

Estimated level of importance

Trading Activity

Asia / Pacific

Medium

Importing

North America

Medium

Importing

India

Medium

Importing

USA

Medium

Importing

 

 

 

 

OVERSEAS SUPPLIERS

 

Name

Global Identifier

Country

GLOBAL PHARMA HEALTHCARE PVT LTD

P2868698

India

MARCK BIOSCIENCES LTD

P2868693

India

MIDASCARE PHARMACEUTICALS PVT LTD

P2868704

India

MSN LABORATORIES LTD

P1863652

India

MYLAN INC

P1065010

USA

SAVA HEALTHCARE LTD

P2868728

India

TROIKAA PHARMACEUTICALS LTD

P0328776

India

WALLACE PHARMACEUTICALS PVT LTD

P0848757

India

 

 

 

 

OFFICE & FACILITIES

 

 

 

Name

:

TELPHA INC - KHAN CHAMCARMORN, PHNOM PENH

Address

:

1 St 476 Sangkat Toul Tum Poung I, Khan Chamcarmorn, Phnom Penh 12310

Country

:

Cambodia

Status

:

Operational

 

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.62.66

UK Pound

1

Rs.100.46

Euro

1

Rs.84.60

 

 

INFORMATION DETAILS

 

Report Prepared by :

NIS

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.