MIRA INFORM REPORT

 

 

Report No. :

499623

Report Date :

29.03.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

PHYSICIANS PHARMACEUTICALS LTD

 

 

Registered Office :

20 Keith Street, Point Pleasant Park, Cunupia, Trinidad And Tobago

 

 

Country :

Trinidad and Tobago

 

 

Date of Incorporation :

01.10.1998

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Subject is dedicated to the wholesale of pharmaceutical products.

 

 

No. of Employees :

6

 

 

RATING & COMMENTS

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

 

MIRA’s Rating :

A

 

Credit Rating

Explanation

Rating Comments

A

Acceptable Risk

Business dealings permissible with moderate risk of default

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

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.

 

 


STATUTORY INFORMATION      

 

Legal Name:

PHYSICIANS PHARMACEUTICALS LTD

Trade Name:

PHYSICIANS PHARMACEUTICALS LTD

ID:

#125364

Date Created:

1998

Date Incorporated:

1998-10-01

Legal Address:

20 KEITH STREET, POINT PLEASANT PARK, CUNUPIA,

TRINIDAD AND TOBAGO

Operative Address:

20 KEITH STREET, POINT PLEASANT PARK, CUNUPIA,

TRINIDAD AND TOBAGO

Telephone:

1 (868) 665-4892

Fax:

(1-868) 665-4892

Legal Form:

LIMITED COMPANY

Email:

-

Registered in:

TRINIDAD AND TOBAGO

Website:

The company does not have a website.

Contact:

Shanil Singh - Business Development

Staff:

6

Activity:

NAICS 1: Drugs and Druggists' Sundries Merchant Wholesalers

NAICS 2: Pharmacies and Drug Stores

SIC 1: Pharmaceuticals

SIC 2: Proprietary (Non-Prescription Medicine) Stores

 

 

Banks:

The company does not disclose its banking details.

 

History:

The company was founded in 1998.

 

PRINCIPAL ACTIVITY

 

 

Physicians Pharmaceuticals Limited is dedicated to the wholesale of Pharmaceutical Products.

Products/Services description:

The company offers Pharmaceutical Products.

Brands:

The company does not have any brands of its own.

Sales are:

Wholesale

Clients:

Retailers

Suppliers:

Cipla Ltd.

L`Amar Natural Product Pvt.Ltd.

Paperchef Inc

Operations area:

National

The company imports from

INDIA

CANADA

The company exports to

No export records found.

The subject employs

6 employees

Payments:

No Complaints

 

 

 

 

LOCATION

 

Headquarters :

20 KEITH STREET, POINT PLEASANT PARK, CUNUPIA,

TRINIDAD AND TOBAGO

Comments on Address:

-

Branches:

No other branches were found.

Related Companies:

No related companies were found.

 

 

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

NO

Capital:

NA

Shareholders:

The company does not disclose information on shareholders. We were not able to confirm major holders.

Management:

Shanil Singh - Business Development

 

 

 

FINANCIAL INFORMATION

 

The company does not make its financial statements public.

 

Despite our long search, we were not able to confirm financial figures for the subject.

 

 

 

 

LEGAL FILINGS

 

 

 

PATENTS

No records found.

 

 

GOVERNMENT CONTRACTS

No records found.

 

 

CASES

No records found.

 

 

TRADEMARKS

No records found.

 

 

RENEWAL HISTORY

No records found.

 

 

OFAC

Sanctions List Search

The company is not listed in the OFAC list.

 

 

 

SUMMARY

 

Founded in 1998, Physicians Pharmaceuticals Limited is a small organization in the pharmaceutical products wholesale and manufacturer company’s industry located in Cunupia, Trinidad & Tobago.

 

It has approximately 6 full-time employees. The company operates nationally, mainly importing from India and Canada.

 

It is ACTIVE in business with no negative records.

 

 

RISK INFORMATION

 

 

 

DEBTS

Controlled

PAYMENTS

No Complaints

CASH FLOW

Normal

STATUS

Active

 

 

INTERVIEW

 

NAME

-

POSITION

-

COMMENTS

We called number 1 (868) 665-4892 several times and received no answer.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 65.04

UK Pound

1

INR 92.28

Euro

1

INR 80.62

TTD

1

INR 9.48

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRI

 

 

Report Prepared by :

TRU

                                                


 

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.