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Report No. : |
324601 |
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Report Date : |
08.06.2015 |
IDENTIFICATION DETAILS
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Name : |
BRIGHT FOOD COMPANY LIMITED |
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Registered Office : |
No.(B-107), FMI City, Tha Zin 1st Street Hlaingthaya Township, Yangon |
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Country : |
Myanmar |
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Date of Incorporation : |
27.12.2013 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Subject is engaged in wholesale of food. |
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No. of Employee : |
Not Available |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Myanmar |
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 |
BRIGHT FOOD
COMPANY LIMITED
DBA: Bright Food Co., Ltd.
With regard to
your request on:
Company Name Bright Food
Co Ltd, Myanamar
Address FMI
City, Tha Zin (1) Lane, House No B-107, Hlaing Thar Yar Township Yangon 11401
Comments about
your request:
The company is not required to publish the accounts. Upon direct
approach it was not possible to obtain further details.
Main Address: No.(B-107), FMI
City, Tha Zin 1st Street
Zip code/City: Hlaingthaya
Township, Yangon, Myanmar
Telephone: +95 95505847
WIN Worldbox No.: MM0000064242
Established: 2013
Line of Business: Consumer
goods wholesale
Industry Division: Wholesale
trade
Industry-code (NACE): 4639
Non-specialised wholesale of food, beverages and tobacco
Banks: unknown
Employees: Unknown
CNPJ: -
Official
Administration:
Director U Kanu Ghosh
Professional address: Myanmar
Director U Ranjit Ghosh
Professional address: Myanmar
Public information:
No legal information is available.
State Register: 4616/2013-2014
Legal form: Limited
Liability Company
Incorporation date: 27.12.2013
Balance sheet filing date: -
Tax Contributor Number (CNPJ): -
Legal status: active
Responsible Register: Registry
of Myanamar
Entry Deleted Name
active Bright Food
Company Limited
Entry Deleted Legal
domicile
active Hlaingthaya
Township, Myanmar
Entry Deleted Address
active No.(B-107),
FMI City, Tha Zin 1st Street, Hlaingthaya Township, Yangon, Myanmar/MM
Sanctions List
The company is not listed on the WorldCompliance Database.
IMPORT AND EXPORT:
Import
PAYMENT HISTORY:
No payment history is available.
OWNERS/-S:
Class: 50%
Type: direct
Name: U Kanu Ghosh
City/Country: Myanmar/MM
Interest: 50,00% voting
right, 50,00% capital interest
Class: 50%
Type: direct
Name: U Ranjit Ghosh
City/Country: Myanmar/MM
Interest: 50,00% voting
right, 50,00% capital interest
Financial
information:
Private companies in Myanmar are not required to disclose financial
statements.
Exchange rate:
US$ 1,00 = MMK 1,071.75) - Official rate on
04.06.2015
Main Activities:
The company is engaged in wholesale of food.
The company imports from the United States.
Operations &
branches:
At the address, No.(B-107), FMI City, Tha Zin 1st Street, Hlaingthaya
Township, we find the company's head office.
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.89 |
|
|
1 |
Rs.97.98 |
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Euro |
1 |
Rs.71.82 |
INFORMATION DETAILS
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Analysis Done by
: |
RAS |
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Report Prepared
by : |
ANK |
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 |
|
<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.