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Report No. : |
353875 |
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Report Date : |
22.12.2015 |
IDENTIFICATION DETAILS
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Name : |
SAHEL M M AL KUBAISI AND ISSA ABU GHOUSH |
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Registered Office : |
Al Mirad Commercial Centre, 3rd Floor Al Saqaliya Street Al Rabiya
Area, Amman 11193, PO Box 930623 |
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Country : |
Jorden |
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Date of Incorporation : |
17.10.1998 |
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Com. Reg. No.: |
51075, Amman |
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Legal Form : |
Limited Liability Partnership |
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Line of Business : |
Subject is engaged in the import and distribution of cotton fabrics,
bedding sets, towels and handkerchiefs. |
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No. of Employee : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Liquidated |
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Payment Behaviour : |
-- |
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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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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Jorden |
B1 |
B1 |
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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 |
IDENTIFICATION & CONTACT DETAILS
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1) Name (s): |
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Organization Official Name |
: |
SAHEL M M AL KUBAISI AND ISSA ABU GHOUSH |
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Trading Name |
: |
HIGH STARS TRADING COMPANY |
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2) Registered
Address: |
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Address |
: |
Al Mirad Commercial Centre, 3rd Floor Al
Saqaliya Street Al Rabiya Area |
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Town |
: |
Amman 11193 |
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Country |
: |
Jordan |
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PO Box |
: |
930623 |
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Phone (s) |
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(962-6) 5518503 |
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Facsimile |
: |
(962-6) 5518506 |
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Mobile |
: |
(962-79) 5564608 |
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(962-77) 7353531 |
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Email |
: |
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3) Operational
Address & Contact Details: |
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Address |
: |
Al Mirad Commercial Centre, 3rd Floor Al
Saqaliya Street Al Rabiya Area |
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Town |
: |
Amman 11193 |
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Country |
: |
Jordan |
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PO Box |
: |
930623 |
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Phone (s) |
: |
(962-6) 5518503 |
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Facsimile |
: |
(962-6) 5518506 |
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Mobile |
: |
(962-79) 5564608 |
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(962-77) 7353531 |
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Email |
: |
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LEGAL FORM & INCORPORATION
(REGISTRATION) DETAILS
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Legal Form - Category |
: |
Limited Liability Partnership |
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Date of Registration |
: |
17th October 1998 |
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Commercial Registration Number |
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51075, Amman |
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Start Date |
: |
23rd January 1991 |
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National ID Number |
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200004762 |
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OTHER REGISTRATION/ MEMBERSHIPS
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Membership Number |
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75305 |
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KEY FACTS
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Operational Status |
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Normal |
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Financial Condition |
: |
Undetermined |
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Primary Business Activity |
: |
Distributors of cotton fabrics, bedding
sets, towels and handkerchiefs. |
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Capital |
: |
JD 200,000 |
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Note: |
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Engaged in the import and distribution of
cotton fabrics, bedding sets, towels and handkerchiefs. |
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CAPITAL
DETAILS
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Issued Capital: |
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No of Shares |
No of Shares |
Amount |
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N/A |
N/A |
JD 200,000 |
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Paid Up Capital: |
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No of Shares |
No of Shares |
Amount |
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N/A |
N/A |
JD 200,000 |
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FINANCIAL
DATA
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Companies registered in Jordan are not
legally required to make their accounts public and no financial information
was released by the company or submitted by outside sources. |
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BANKERS
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1 |
Name |
Arab Jordan Investment Bank |
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Address |
Ibn Hani Street Shmeisani |
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PO Box |
8797 Amman 11121 |
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Tel |
(962-6) 5607126 |
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(962-6) 5607138 |
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Fax |
(962-6) 5681482 |
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(962-6) 5690646+A160 |
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SHAREHOLDERS
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Sr.No |
Name |
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1 |
Sahel Mahmoud Mohewish Al Kubaisi |
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2 |
Abdul Jabar Moshin Zayad Al Kubaisi |
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SENIOR
MANAGEMENT
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Sr.No |
Name |
Dsignation |
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1 |
Sahel Mahmoud Mohewish Al Kubaisi |
Managing Partner |
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2 |
Abdul Jabar Moshin Zayad Al Kubaisi |
Partner |
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3 |
Khaled Saleh |
General Manager |
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4 |
Rana Othman |
Administration Executive |
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PREMISES
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Subject operates from a small suite of
offices that are rented and located in the Central Business Area of Amman. |
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PAYMENT
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No complaints regarding subject’s payments
have been reported. |
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ADVERSE
DATA
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Performance Defaults |
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No record found |
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Payment Defaults |
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No record found |
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Adverse Press Coverage |
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No record found |
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Litigations |
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No record found |
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Former Business Relationships |
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No record found |
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INVESTIGATOR'S
COMMENTS
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Please note that the Amman Chamber of
Commerce and Mr Sahel Mahmoud Mohewish Al Kubaisi confirmed that the subject was
liquidated and the name cancelled during 2013. |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.32 |
|
|
1 |
Rs.98.99 |
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Euro |
1 |
Rs.72.13 |
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JOD |
1 |
Rs. 93.53 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
ASH |
RATING EXPLANATIONS
|
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 |
|
-- |
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.