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Report Date : |
11.09.2014 |
IDENTIFICATION DETAILS
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Name : |
RUKUN AL YAMANI ENVIRONMENTAL SERVICES LLC |
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Registered Office : |
Commercial Area |
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Country : |
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Date of Incorporation : |
23.09.2013 |
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Com. Reg. No.: |
1/16396/3 |
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Legal Form : |
Limited Liability Company – LLC |
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Line of Business : |
Subject is engaged in the provision of environmental solutions,
recycling of hazardous materials and contaminated soils. |
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No. of Employees |
25 |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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-- |
NB |
New Business |
-- |
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Status : |
New Company |
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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 – June 1, 2014
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Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
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Oman |
A2 |
A2 |
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Risk Category |
ECGC Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
OMAN ECONOMIC OVERVIEW
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Source
: CIA |
Company Name : RUKUN AL YAMANI ENVIRONMENTAL SERVICES LLC
Country of Origin : Oman
Legal Form : Limited Liability Company – LLC
Registration Date : 23rd September 2013
Commercial Registration Number : 1/16396/3
Issued Capital : RO 50,000
Paid up Capital : RO 50,000
Total Workforce : 25
Activities : Providers of environmental solutions, recycling of hazardous materials and contaminated soils
Financial Condition : Undetermined
Payments : Nothing detrimental uncovered
RUKUN AL YAMANI ENVIRONMENTAL SERVICES LLC
Location : Commercial
Area
PO Box : 63 & 218
Town : Muscat 103
Country : Oman
Telephone : (968) 24604231
Facsimile : (968) 24604231
Mobile : (968)
99433647 / 99128744 / 91388757
Email : enquiry@ecologicrayoman.com
Subject operates from a medium sized suite of offices that are rented
and located in the Central Business Area of Muscat.
Name Nationality Position
· Dr Taher Al
Kindi
Omani Managing
Director
· Tamim Al Mahrooqi Omani Director
· David Nahmad Mexican Director
· Rimana Saif Rashid - Technical
Manager
· Moshin Moosa - Public
Relations Manager
Date of
Establishment : 23rd
September 2013
Legal Form : Limited Liability
Company – LLC
Commercial Reg.
No. : 1/16396/3
Issued Capital : RO 50,000
Paid up Capital : RO 50,000
· Dr Taher Al
Kindi
· Tamim Al Mahrooqi
· David Nahmad
Activities: Engaged in the provision of environmental solutions, recycling of hazardous
materials and contaminated soils.
Subject has a workforce of 25 employees.
Subject is a newly formed business and as a result financial information
is not currently available.
·
Central Bank of Oman
Central Business
District
PO Box:
4161
Muscat
Tel:
(968) 24702222
Fax:
(968) 24702253 / 24788513
No complaints regarding subject’s payments have been reported.
In view of subject’s infancy, extensive payment and financial are not available,
therefore dealings are recommended to be on secured terms, and a close
monitoring of subject’s business development is advisable.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.60.82 |
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|
1 |
Rs.98.14 |
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Euro |
1 |
Rs.78.65 |
INFORMATION DETAILS
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Analysis Done by
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DIV |
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Report Prepared
by : |
NIS |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
-- |
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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.