|
Report Date : |
19.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
CASANOVA
FACILITIES MANAGEMENT SERVICES LLC |
|
|
|
|
Registered Office : |
Churchill Tower
Building, Office No. 2113, Sheikh Zayed Road, Business Bay, 191479 Dubai |
|
|
|
|
Country : |
United Arabian Emirates |
|
|
|
|
Date of Incorporation : |
28.06.2007 |
|
|
|
|
Com. Reg. No.: |
1012445, |
|
|
|
|
Legal Form : |
Limited Liability Company – LLC |
|
|
|
|
Line of Business : |
Engaged in the
provision of facilities management services. |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Maximum Credit Limit : |
US$ 0 |
|
Status : |
Trade License expired |
|
Payment Behaviour : |
--- |
|
Litigation : |
--- |
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 – June 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
United Arabian Emirates |
A2 |
A2 |
|
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 |
UNITED ARABIAN
EMIRATES - ECONOMIC OVERVIEW
The UAE has an open economy
with a high per capita income and a sizable annual trade surplus. Successful
efforts at economic diversification have reduced the portion of GDP based on
oil and gas output to 25%. Since the discovery of oil in the UAE more than 30
years ago, the country has undergone a profound transformation from an
impoverished region of small desert principalities to a modern state with a
high standard of living. The government has increased spending on job creation
and infrastructure expansion and is opening up utilities to greater private
sector involvement. In April 2004, the UAE signed a Trade and Investment
Framework Agreement with
|
Source
: CIA |
Company Name : CASANOVA FACILITIES MANAGEMENT
SERVICES LLC
Country of Origin :
Legal Form :
Limited Liability Company – LLC
Registration Date : 28th
June 2007
Commercial
Registration Number : 1012445,
Trade Licence
Number : 597363
Chamber Membership
Number : 120887
Issued Capital : UAE Dh
300,000
Paid up Capital : UAE Dh
300,000
Activities :
Providers of facilities management services
Financial Condition : Undetermined
Payments :
Nothing detrimental uncovered
Recommended Credit
Limit : US$ 0
CASANOVA FACILITIES
MANAGEMENT SERVICES LLC
Building :
Street :
Area :
PO Box : 191479
Town :
Country :
Telephone : (971-4) 3746858 / 3746859 / 3315596
Facsimile : (971-4) 3746858 / 3315598
Email : cfms@emirates.net.ae
Please note that
the correct PO Box address is 191479 and not 19147
Name Nationality Position
·
Hussain
Mohamed Sharif Abdelrahim Alali Emirati Managing Director
·
Sayed
Zulfuqar Ali Shah Sayed Shah Pakistani Director
·
Zulfuqar
Ali Ghulam Ali Pakistani Director
·
Syed
Hasnain Abedi - Operations
Officer
Date of Establishment : 28th
June 2007
Legal Form :
Limited Liability Company –
LLC
Commercial Reg. No. : 1012445,
Trade Licence No. : 597363
(Expired 26/06/2012)
Chamber Member No. : 120887
Issued Capital : UAE Dh 300,000
Paid up Capital : UAE Dh 300,000
·
Hussain
Mohamed Sharif Abdelrahim Alali 51%
·
Zulfuqar
Ali Ghulam Ali 25%
·
Sayed
Zulfuqar Ali Shah Sayed Shah 24%
Activities: Engaged in the provision of facilities
management services.
Companies
registered in
·
Commercial
Bank of
PO Box: 2668
Tel: (971-4) 3523355
Fax: (971-4) 3527655 / 2524796
Unknown
Please note that
subject’s trade licence number expired on 26th June 2012 and has not
been renewed.
We were unable to
contact the subject directly during our investigation.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.06 |
|
|
1 |
Rs.101.84 |
|
Euro |
1 |
Rs.81.56 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
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.