MIRA INFORM REPORT

 

 

Report Date :

29.04.2014

 

IDENTIFICATION DETAILS

 

Name :

WHITE LAMB LIMITED

 

 

Registered Office :

No.113, 30th Street, Middle Block, Pabedan T/S, Yangon

 

 

Country :

Myanmar

 

 

Date of Incorporation :

12.04.2006

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

wholesale trade

 

(We tried to confirm / obtain the detailed activity but the same is not available from any sources)

 

 

No of Employees :

Not Available 

 

RATING & COMMENTS

 

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

 

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 31, 2014

 

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

Myanmar

b2

B2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderate Low Risk

 

B1

Moderate Risk

 

B2

Moderate High Risk

 

C1

High Risk

C2

Very High Risk

 

D

 


REGISTERED NAME & COMPANY SUMMARY

 

White Lamb Limited

 

 

ADDRESSES:

Main Address:                             No.113, 30th Street, Middle Block, Pabedan T/S

Zip code/City:                              Yangon, Myanmar

 

Profile

Established:                                2006

Line of Business:                         Consumer goods wholesale

Industry Division:                         Wholesale trade

Industry-code (NACE):                 4690 Non-specialised wholesale trade

Banks:                                       Unknown.

Employees:                                unknown

CNPJ:                                           -

 

DIRECTORS/MANAGEMENT

 

Official Administration:

Director                                         Anthony

 

SHARE & SHARE CAPITAL INFORMATION

 

Legal form:                                  Limited Liability Company

Incorporation date:                       12.04.2006

Balance sheet filing date:             -

Tax Contributor Number (CNPJ):   -

Legal status:                               active

Responsible Register:                  State Register of Myanmar

 

Entry            Deleted   Name

active                           White Lamb Limited

 

PAYMENT INFORMATION

 

Import and Export:

Import, Export

 

Payment history:

No payment history is available.

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Owners/-s:

The name of the shareholders and the exact percentage were not disclosed.

 

 

FINANCIAL INFORMATION

 

Financial information:

Private companies in Myanmar are not required to disclose financial statements.

 

FOREIGN EXCHANGE RATES

 

Exchange rate:

US$ 1,00  =  MMK 945.700            -  Official rate on 07.04.2014

 

ADDITIONAL INFORMATION

 

Main Activities:

The company is engaged in wholesale trade.

 

Operations & branches:

At the address, No.113, 30th Street, Middle Block, Pabedan T/S, Yangon, Myanmar, we find the company's head office.

 

Company's Background:

We have been unable to obtain the full register details.

 

NOTES & COMMENTS

 

We were not able to find the company in the official registry of Myanmar, however it does not mean that the company is not operating, the company is included in databases of Networks of Commerce Trade.

 

We could not find a phone number or email address for the company, making it not possible to get in touch and request more details.

 

As we have no way of contacting the company, we could not ascertain whether they are still engaged in business. The details from this report come from official sources and various databases we can consult.

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.60.50

UK Pound

1

Rs.101.69

Euro

1

Rs.83.62

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

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%)

 

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.