|
Report No. : |
301770 |
|
Report Date : |
09.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
ZULKADER & COMPANY |
|
|
|
|
Registered Office : |
Lot 20003, 4, 3 Storey Shop Kampung Beribi Jalan Gadong Link, Brunei/Muara |
|
|
|
|
Country : |
Brunei Darussalam |
|
|
|
|
Date of Incorporation : |
10.03.1969 |
|
|
|
|
Legal Form : |
Partnership - General |
|
|
|
|
Line of Business : |
Manufacturer of Garments & Accessories. |
|
|
|
|
No. of Employees : |
138 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
Brunei |
B2 |
B2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BRUNEI - ECONOMIC OVERVIEW
Brunei has a small well-to-do
economy that depends on revenue from natural resource extraction but encompasses
a mixture of foreign and domestic entrepreneurship, government regulation,
welfare measures, and village tradition. Crude oil and natural gas production
account for 60% of GDP and more than 90% of exports. Per capita GDP is among
the highest in Asia, and substantial income from overseas investment
supplements income from domestic production. For Bruneian citizens the
government provides for all medical services and free education through the
university level. The government of Brunei has been emphasizing through policy
and resource investments it strong desire to diversity its economy both within
the oil and gas sector and to new sectors.
|
Source
: CIA |
|
Company
Details |
||
|
Organization
Name |
: |
ZULKADER
& COMPANY |
|
Address |
: |
Unit 13
Al-Barakah Complex Kampung, Sengkurong, Jalan Tutong |
|
Country |
: |
Brunei |
|
Phone (S) |
: |
[+673]-2661428 |
|
Facsimile |
: |
[+673]-2661512 |
|
Email |
: |
|
|
Website |
: |
|
|
Primary
Business Activity |
: |
Manufacturer |
|
Key
Industry |
: |
Garments
& Accessories |
|
Key Facts |
||
|
Registered
Legal Address |
: |
Lot
20003, 4, 3 Storey Shop Kampung Beribi Jalan Gadong Link, Brunei/Muara |
|
Operational
Address |
: |
Unit 13
Al-Barakah Complex Kampung, Sengkurong, Jalan Tutong |
|
Issuing
Authority |
: |
Registrar
of Business Names - National |
|
License
Number |
: |
P/2847/1969 |
|
License
Status |
: |
License
exists - Normal. |
|
Legal
Form - Category |
: |
Partnership
- General |
|
Legal
Form |
: |
Not
Applicable |
|
Legal
Form - Abbreviation |
: |
Not
Applicable |
|
Operational
Status of Business |
: |
Normal |
|
Date of
Registration |
: |
10 Mar,
1969 |
|
Employees |
: |
138 |
|
Capital |
: |
n/a(1) |
|
Note |
: |
(1) Not applicable. |
|
COMPANY
MANAGEMENT |
||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||
|
Management
Listings |
||||||||||||||||||||||||||
|
||||||||||||||||||||||||||
|
||||||||||||||||||||||||||
|
||||||||||||||||||||||||||
|
COMPANY
DIRECTORS |
|
Not applicable - According to the corporate statutory laws for this
type of Legal Form - Category (Partnership - General) in Brunei, there is no
requirement for Directors. |
|
REPUTATION |
|
Reference checking for the purpose of establishing ZULKADER &
COMPANY's reputation within the respective industry failed to reveal any
adverse information. |
|
NEGA-SCAN -
ADVERSE DATA MONITORING |
|
|
SHAREHOLDERS |
|||||||||||||||||||||||||||||||||
Note: Due to the fact the Subject Business Entity is a
"Partnership", Shareholding Percentages and Number of Shares are
Not Applicable. |
|||||||||||||||||||||||||||||||||
|
DOMESTIC SALES
& PURCHASES |
|||||||
|
|||||||
|
|
|||||||
|
|
PAYMENT TERMS |
||||||||||
|
Selling |
||||||||||
|
||||||||||
|
Purchasing |
||||||||||
|
N/A
|
FINANCIAL
STATEMENT - DETAILED |
|
Based on the corporate laws of Brunei, legal entities which are
Partnership - General are not required to make public disclosure of their annual
financials. Therefore no financials are available for this entity. |
N/A
|
Report Details |
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
Primary Products
|
Products / Materials / Services Description |
Activity |
|
Berets |
Manufacturing |
|
Cap badges |
Manufacturing |
|
Clothing |
Manufacturing |
|
Uniforms |
Manufacturing |
|
SIC PRODUCT
CLASSIFICATION & ACTIVITY |
|||||||||||||||
|
|
HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY |
|||||||||||||||||||||
|
|
DETAILED PRODUCT
CLASSIFICATION & ACTIVITY |
|||||||||
|
|
CORE BUSINESS
DESCRIPTION |
|
Core Business |
|
The primary business focus of ZULKADER & COMPANY is Manufacturing
- Finished products.
An integral part of the core business includes:
|
|
Supplementary Business |
|
In addition to the core business, ZULKADER & COMPANY also is
engaged in the following areas of business:
|
|
LOCAL BRANCHES
& MANAGEMENT |
||||||
|
|
|
INTERNATIONAL
TRADE - Activity & Markets |
|
|
|
|
OFFICE &
FACILITIES |
|||||||||||||||
|
The following information relates to the Business Entity's office as
listed above: |
|||||||||||||||
|
N/A
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.45 |
|
|
1 |
Rs.95.99 |
|
Euro |
1 |
Rs.75.28 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIT |
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.