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Report No. : |
356032 |
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Report Date : |
29.12.2015 |
IDENTIFICATION DETAILS
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Name : |
ROTO HOUSE FOR PRINTING & PACKING INDUSTRIES SAE |
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Registered Office : |
3 Industrial Zone, Plot No. 28, 6th of October City |
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Country : |
Egypt |
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Date of Incorporation : |
2010 |
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Legal Form : |
Egyptian Joint
Stock Company |
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Line of Business : |
Subject engaged in the manufacture and printing of plastic products
for packaging and wrapping, mainly serving the food production industry. |
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No. of Employee : |
90 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Egypt |
B2 |
B2 |
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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 |
Company Name : ROTO HOUSE FOR PRINTING & PACKING INDUSTRIES SAE
Country of Origin : Egypt
Legal Form : Egyptian Joint Stock Company
Registration Date : 2010
Commercial Registration Number : 44151, 6th of October City
Tax Card Number : 392-747-247
Issued Capital : £E 35,000,000
Paid up Capital : £E 35,000,000
Total Workforce : 90
Activities : Manufacture and printing of plastic products for packaging and wrapping.
Financial Condition : Undetermined
Payments :
Unknown
ROTO HOUSE FOR PRINTING &
PACKING INDUSTRIES SAE
Location : 3 Industrial
Zone, Plot No. 28
Town : 6th
of October City
Country : Egypt
Telephone : (20-2)
38204247 / 38204273 / 38204357
Facsimile : (20-2)
38342071
Mobile : (20-100)
1573999 / 5222660 / 1673336 / 20-111
9145500 / (20-100) 1573999
Email : rotohouse@ymail.com / info@roto-house.com
Subject operates from a medium sized suite of offices and a factory that
are rented and located in the Industrial Area of 6th of October
City.
Name Position
· Sameh Riad Mamoun
Nasser Chairman
· Hatem Adel Abd El
Fattah Managing
Director
· Ahmed Hegazy Financial
Manager
· Ashraf El Mohamady Sales
Manager
· Mohamed Zaher Commercial
Manager
· Tariq Badawi Finance
Manager
· Ibrahim Saeed Accountant
Date of
Establishment : 2010
Legal Form : Egyptian Joint
Stock Company
Commercial Reg.
No. : 44151, 6th of October City
Tax Card No. :
392-747-247
Issued Capital : £E 35,000,000
Paid up Capital : £E 35,000,000
· Fareed Mohamed Aly
Attia
· Sameh Riad Mamoun
Nasser
· Hazem Riad Mamoun
Nasser
· Hatem Adel Abd El
Fattah
Activities: Engaged in the manufacture and printing of plastic products for
packaging and wrapping, mainly serving the food production industry.
Import Countries: China, Indonesia, Italy and Syria.
Customers:
· Americana
· Ocean Foods
· River Foods
· Harvest Foods
· AGA
·
Heinz
·
Dream
·
Faragalla
Subject has a workforce of 90 employees.
Companies registered in Egypt are not legally required to make their
accounts public and no financial information was released by the company or
submitted by outside sources.
·
Al Watany Bank of Egypt
PO Box: 750
Cairo
Tel: (20-2)
33379363
Fax: (20-2)
33772959
·
National Bank of Egypt
24 Sherif Street
Cairo
Tel:
(20-2) 33924175
Fax:
(20-2) 33924143
Unknown
During the course of this investigation nothing detrimental was
uncovered regarding subject’s operating history or the manner in which payments
are fulfilled. As such the company is considered to be a fair trade risk.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.14 |
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|
1 |
Rs.98.69 |
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Euro |
1 |
Rs.72.55 |
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EGP |
1 |
Rs.8.48 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
TRI |
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Report Prepared
by : |
TRU |
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 |
-- |
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.