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MIRA INFORM REPORT
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Report No. : |
492194 |
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Report Date : |
20.02.2018 |
IDENTIFICATION DETAILS
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Name : |
SILVER FISH ISLAND MANUFACTURING COMPANY
LIMITED |
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Registered Office : |
No. 22, Ground Floor, Ngwe Thar Gi Street,
Saw Yan Paing (West) Ward Ahlone Township, Yangon |
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Country : |
Myanmar |
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Date of Incorporation : |
01.01.2011 |
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Com. Reg. No.: |
2273/2011-2012 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Wholesale of Other
Food, Including Fish, Crustaceans and Molluscs. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
B |
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Credit Rating |
Explanation |
Rating Comments |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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Myanmar |
B1 |
B1 |
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Risk Category |
ECGC Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
COMPANY
NAME
Silver Fish Island Manufacturing Company Limited
Company Summary
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Business
Name |
Silver Fish Island Manufacturing Company
Limited |
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Country |
MYANMAR |
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Company
Registration Number |
2273/2011-2012 |
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Main
Activity Code |
4638 |
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Main
Activity Description |
Wholesale of other
food, including fish, crustaceans and molluscs |
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Company
Status |
Active (Active) |
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Latest
Turnover Figure |
- |
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Latest
Shareholder Equity Figure |
- |
Basic Information
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Business
Name |
Silver Fish
Island Manufacturing Company Limited |
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Registered
Company Name |
Silver Fish
Island Manufacturing Company Limited |
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Company
Registration Number |
2273/2011-2012 |
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Country |
MYANMAR |
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VAT
Registration Number |
- |
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VAT
Registration Date |
- |
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Date
of Company Registration |
2011-10-14 |
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Date
of Starting Operations |
2011-01-01 |
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Commercial Court |
- |
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Legal
Form |
Limited Liability
Company |
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Type of Ownership |
- |
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Company
Status |
Active (Active) |
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Principal Activity Code |
- |
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Principal
Activity Description |
- |
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Contact Telephone Number |
- |
Main Address
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Address |
Country |
Telephone |
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No. 22, Ground Floor, Ngwe Thar Gi Street,
Saw Yan Paing (West) Ward Ahlone Township, Yangon |
MYANMAR |
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Other Address
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Address |
Country |
Telephone |
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No
other addresses for this company |
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Previous Address
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Address |
Country |
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No
previous addresses for this company. |
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Activities
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Activity Code |
Activity Description |
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4638 |
Wholesale of
other food, including fish, crustaceans
and molluscs |
Email Addresses
No email for this
company.
Web Pages
No web pages
for this company.
Employee Information
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Date Reported |
Number of Employees |
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2018 |
Unknown |
Banker Information
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Banker Name |
Banker Address |
Phone Number |
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No banker
information for this company. |
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Advisors Information
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Auditor Name |
Solicitor Name |
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No advisor
information for this company. |
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Miscellaneous Information
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Fax Number |
- |
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Export Countries |
- |
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Import Countries |
- |
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Additional Business
Information |
Main Activities:
The company is engaged in sale of fish and related
products. |
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Additional Rating
Information |
In advancing credit it is advised
that a bank guarantee be obtained. |
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Additional Payment
Information |
Payment history:
No payment history is available. |
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Additional Financial
Information |
Financial information:
Private companies in Myanmar are not required to
disclose financial statements and it
was not possible to obtain more financial details. |
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Number of
Employees at Address |
Unknown |
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Number of
Employees at Group |
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Number of
Employees at Factory |
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Additional Miscellaneous
Information
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Comments About
Your Request |
We could not
find a telephone number or email
address for the company. As we have
no way of contacting the company, the details
from this report come from official
sources and various databases we can consult. |
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Line of Business |
Consumer goods
wholesale |
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Industry Division |
Wholesale trade |
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Responsible Register |
Directorate of
Investment and Company Administration |
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Legal Domicile |
Ahlone Township,
Myanmar |
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Remarks |
Duration: October
13, 2019 (expiry date for the
official regitry) |
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Sanctions List |
We
did not find the company included
on the various international sanctions
lists, such as the OFAC (Office of
Foreign Assets Control), the BIS (Bureau
of Industry and Security), the European
Union Restrictive measures (sanctions) list,
the Export Control Organisation (ECO) of
the UK, the Australian Department of
Foreign Affairs and Trade. |
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Owners |
The name of
the shareholders and the exact percentage
were not disclosed. |
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Operations &
Branches |
At the address,
No. 22, Ground Floor, Ngwe Thar Gi
Street, Saw Yan Paing (West) Ward,
Ahlone Township, Yangon, we find the
company's head office |
Financial
Information
No financial information for this
company.
Current Directors
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Name |
Gender |
Address |
Date of Birth |
Position |
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Maung Sitt (a)
Chew Won Min, U |
Unknown |
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Director |
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Yin Myint Wai |
Unknown |
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Director |
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Maung Sitt, U |
Unknown |
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Chief Executive
Officer |
Previous Directors
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Name |
Gender |
Address |
Date of Birth |
Position |
Resignation Date |
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No previous directors for
this company. |
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SHARE CAPITAL STRUCTURE
No share capital
information for this company
GROUP STRUCTURE
No group structure
information for this company
NEGATIVE
INFORMATION
Public records information:
No legal information is available.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 63.91 |
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1 |
INR 90.31 |
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Euro |
1 |
INR 80.71 |
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MMK |
1 |
INR 0.048 |
Note:
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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NIY |
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Report Prepared
by : |
NIT |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
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Company
background and operations size
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Promoters
/ Management background
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Payment
record
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Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.