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Report No. : |
341496 |
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Report Date : |
22.09.2015 |
IDENTIFICATION DETAILS
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Name : |
HANSON DOHA TRADING CO WLL |
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Registered Office : |
Al Khulaifi Building, Office No. 8, 1st
Floor,
Salwa Road, PO Box 90840 & 96122, Doha |
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Country : |
Qatar |
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Date of Incorporation : |
16.07.2012 |
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Com. Reg. No.: |
56717 |
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Legal Form : |
With Limited Liability |
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Line of Business : |
Engaged in the import and distribution of construction and building
materials. |
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No. of Employees : |
10 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 : |
No Complaints |
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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) |
|
Qatar |
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 |
Company Name :
HANSON DOHA TRADING CO WLL
Country of Origin : Qatar
Legal Form :
With Limited Liability - WLL
Registration Date :
16th July 2012
Commercial Registration Number :
56717, Doha
Chamber Membership Number :
29639
Issued Capital :
QR 200,000
Paid up Capital :
QR 200,000
Total Workforce :
10
Activities :
Distributors of construction and building materials.
Financial Condition :
Undetermined
Payments :
Nothing detrimental uncovered
HANSON DOHA TRADING CO WLL
Registered &
Physical Address
Building : Al Khulaifi Building, Office No. 8, 1st
Floor
Location : Salwa Road
PO Box : 90840 &
96122
Town : Doha
Country : Qatar
Telephone : (974) 44112297
Facsimile : (974) 44112298
Mobile : (974) 55000542
Email : qatar.95@hotmail.com
/ info@hansondoha.com
Premises
Subject operates from a small suite of offices that are rented and
located in the Central Business Area of Doha.
Name Nationality Position
Ray Choudary Sanjay Indian Managing Director
Nasser Jarullah Saeed Jarullah Qatari Director
Dr Barik Saeed S B Owar - Director
Deepu Gosh - General
Manager
Date of Establishment : 16th
July 2012
Legal Form : With Limited
Liability - WLL
Commercial Reg.
No. : 56717, Doha
Chamber Member No. : 29639
Issued Capital : QR 200,000
Paid up Capital : QR 200,000
Name of
Shareholder (s) Percentage
Ray Choudary Sanjay 49%
Nasser Jarullah Saeed Jarullah 26%
Makaseb Investment & Development Co 25%
Doha
Qatar
Activities: Engaged in the import and distribution of construction and building
materials.
Import Countries: India
Subject has a workforce of 10 employees.
Companies registered in Qatar are not legally required to make their
accounts public and no financial information was released by the company or
submitted by outside sources.
Mashreq Bank
PO Box: 173
Doha
Tel: (974) 44413213 / 44414932
No complaints regarding subject’s payments have been reported.
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.65.75 |
|
|
1 |
Rs.102.17 |
|
Euro |
1 |
Rs.74.37 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
TPT |
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.