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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

513886

Report Date :

23.06.2018

 

IDENTIFICATION DETAILS

 

Name :

PATRA TRADING, PT

 

 

Registered Office :

Jl. Otista Raya 66 13330 Jakarta Timur

 

 

Country :

Indonesia

 

 

Date of Incorporation :

02.01.2003

 

 

Com. Reg. No.:

01.061.162.2-051.000

 

 

Legal Form :

Limited liability company

 

 

Line of Business :

Other retail sale of new goods in specialised stores

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

B

 

Credit Rating

Explanation

Rating Comments

B

Medium Risk

Business dealings permissible on a regular monitoring basis

 

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

 

Country Name

Previous Rating

(31.12.2017)

Current Rating

(01.04.2018)

Indonesia

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 

 

INDONESIA - ECONOMIC OVERVIEW

 

Indonesia, the largest economy in Southeast Asia, has seen a slowdown in growth since 2012, mostly due to the end of the commodities export boom. During the global financial crisis, Indonesia outperformed its regional neighbors and joined China and India as the only G20 members posting growth. Indonesia’s annual budget deficit is capped at 3% of GDP, and the Government of Indonesia lowered its debt-to-GDP ratio from a peak of 100% shortly after the Asian financial crisis in 1999 to 34% today. In May 2017 Standard & Poor’s became the last major ratings agency to upgrade Indonesia’s sovereign credit rating to investment grade.

Indonesia still struggles with poverty and unemployment, inadequate infrastructure, corruption, a complex regulatory environment, and unequal resource distribution among its regions. President Joko WIDODO - elected in July 2014 – seeks to develop Indonesia’s maritime resources and pursue other infrastructure development, including significantly increasing its electrical power generation capacity. Fuel subsidies were significantly reduced in early 2015, a move which has helped the government redirect its spending to development priorities. Indonesia, with the nine other ASEAN members, will continue to move towards participation in the ASEAN Economic Community, though full implementation of economic integration has not yet materialized.

 

Source : CIA

 

COMPANY NAME AND ADDRESS

 

Company name

PATRA TRADING, PT

Operative address

Jl. Otista Raya 66 13330 Jakarta Timur Indonesia

Status

Active

 

Legal form

Limited liability company - PT

Registration number

VAT/Tax number: 01.061.162.2-051.000

VAT-number

01.061.162.2-051.000

Contact information

Company name

Patra Trading, PT

Operative address

Jl. Otista Raya 66 13330 Jakarta Timur Indonesia

Correspondence address

Jl. Otista Raya 66 13330 Jakarta Timur Indonesia

 

Telephone number

+62 21 78830913

Fax number

+62 21 78831149

Email address

info@patratrading.com

 

 

Registration

 

Registration number

VAT/Tax number: 01.061.162.2-051.000

VAT-number

01.061.162.2-051.000

Status

Active

Establishment date

2003-01-02

 

Legal form

Limited liability company - PT

Activities

NACE

4778: Other retail sale of new goods in specialised stores

Goal

LPG

Management

Management

Fullname: SE.MM Ahmad Faisal
Type: Individual
Gender: Male
Address: Jl. Otista Raya 66 13330 Jakarta Timur, 13330, Jakarta Timur, Indonesia
Number of involvements: 3
Function: President Director
Level of responsibility: President / Chairman

Fullname: Mr Hanung Budya Yuktyanta
Type: Individual
Gender: Male
Address: Jl. Otista Raya 66 13330 Jakarta Timur, 13330, Jakarta Timur, Indonesia
Number of involvements: 1
Function: President Commissioner
Level of responsibility: President / Chairman

Fullname: Sidhi Widyawan
Type: Individual
Address: Jl. Otista Raya 66 13330 Jakarta Timur, 13330, Jakarta Timur, Indonesia
Number of involvements: 1
Function: Commissioner
Level of responsibility: Member

Fullname: M. Ridwan Holey
Type: Individual
Address: Jl. Otista Raya 66 13330 Jakarta Timur, 13330, Jakarta Timur, Indonesia
Number of involvements: 1
Function: Operational Director
Level of responsibility: OPERATIONS & Production executive

Financial analysis

Trend

Can not be evaluated due to the lack of sufficient financial data

Profitability

Can not be evaluated

Solvability

Can not be evaluated

Liquidity

Sufficient

Show amount in

Euro

Financial statement

Remark annual account

There is no financial data published

Country information

Population

258.7 million

GDP per capita

3604 USD

Country risk

Below average

Company risk

Average

Publications

Remarks

Status: Active
Category: Small company
Number of shareholders: 0
Number of subsidiaries: 0
Number of branches: 0

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 67.77

UK Pound

1

INR 89.96

Euro

1

INR 78.86

IDR

1

INR 0.0048

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRI

 

 

Report Prepared by :

SDA

                                                


 

RATING EXPLANATIONS

 

Credit Rating

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

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

·         Company background and operations size

·         Promoters / Management background

·         Payment record

·         Litigation against the subject

·         Industry scenario / competitor analysis

·         Supplier / Customer / Banker review (wherever available)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.