MIRA INFORM REPORT
|
Report Date : |
12th May, 2006. |
IDENTIFICATION DETAILS
|
Name : |
INDIAN MOULD BASE & DIE
SET COMPANY PRIVATE LIMITED |
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Registered Office : |
E-5
& 6, S. G. M. Nagar, K. C Badkhal Road, Faridabad, Haryana – 121
001,India |
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Country : |
India |
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Financials (as on) : |
31.03.2005 |
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Date of Incorporation : |
29/12/1994 |
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CIN No.: |
U74899DL1994PTC063874 |
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Com. Reg. No.: |
55-063874 |
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IEC No.: |
0503019755 |
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TAN No.: (Tax Deduction &
Collection Account No.) |
RTKI00515E |
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PAN No.: (Permanent Account No.) |
AAACI1709B |
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Legal Form : |
Private
Limited Liability Company |
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Line of Business : |
Manufacturer
of Mould Bases, Die Sets, Die and Mould Accessories. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
RATING
|
STATUS |
PROPOSED CREDIT LINE |
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|
41-55 |
Ba |
Overall operation is
considered normal. Capable to meet normal commitments. |
Satisfactory |
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Maximum Credit Limit : |
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Status : |
Satisfactory |
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Payment Behaviour : |
Slow but Correct |
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Litigation : |
Clear |
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Comments : |
Subject
is an established company having satisfactory track. Profit margin is under
severe pressure. Payments are reported as slow but correct. Trade relations
are fair. The
company can be considered normal for business dealings at usual trade terms
and conditions. |
LOCATIONS
|
Registered Office : |
E-5
& 6, S. G. M. Nagar, K. C Badkhal Road, Faridabad, Haryana – 121
001,India |
|
Tel. No.: |
91-129-2423392,
2411156, 2429114 |
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Mobile No.: |
91-9810413392 |
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Fax No.: |
91-129-242392 |
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E-Mail : |
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Website : |
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Area : |
7000
sq. ft. Expandable Up to 45000 sq. ft. |
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Location : |
Owned |
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Factory : |
E-5
& 6, S. G. M. Nagar, K. C Badkhal Road, Faridabad, Haryana – 121
001,India |
|
Tel. No.: |
91-129-2423392,
2411156, 2429114 |
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Mobile No.: |
91-9810413392 |
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Fax No.: |
91-129-242392 |
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E-Mail : |
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Area : |
7000
sq. ft. Expandable Up to 45000 sq. ft. |
|
Location : |
Owned |
DIRECTORS
|
Name : |
Mr.
Arjun lal Khurana |
|
Designation : |
Director |
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Address : |
H.
No. 40, Sector 21C, Faridabad, Haryana – 121 001,India |
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Date of Birth/Age : |
60
Years / 31.10.1945 |
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Qualification : |
Engineering,
Graduate |
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Experience : |
40
Years |
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Date of Appointment: |
29/12/1994 |
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|
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Name : |
Mr.
Amit Khurana |
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Designation : |
Director |
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Address : |
H.
No. 40, Sector 21C, Faridabad, Haryana – 121 001,India |
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Date of Birth/Age : |
29
Years / 23.01.1978 |
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Qualification : |
M.
Technology in Tool Design & Manufacturing |
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Experience : |
5
Years |
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Date of Appointment: |
15/06/1999 |
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|
|
|
Name : |
Mr.
Surbhi Khurana |
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Designation : |
Director |
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Address : |
H.
No. 40, Sector 21C, Faridabad, Haryana – 121 001,India |
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Date of Birth/Age : |
30
Years / 17.07.1976 |
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Qualification : |
Post
Graduate |
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Experience : |
2
Years |
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Date of Appointment: |
31/03/2003 |
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|
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Name : |
Mr.
Jagdish Khurana |
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Designation : |
Director |
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Address: |
563,
Sector – 21B, Faridabad, Haryana – 121 001,India |
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Date of Birth/Age : |
02/08/1952 |
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Date of Appointment: |
29/12/1994 |
MAJOR SHAREHOLDERS
|
Names of Shareholders |
No. of Shares |
|
Arjun lal Khurana |
85100 |
|
Amit Khurana |
97100 |
|
Kavita Khurana |
150000 |
|
Surendra Khurana |
22340 |
|
Jagdish Khurana |
5100 |
|
Anita Khurana |
2100 |
|
Jyoti Khurana |
2100 |
|
Ekta Khurana |
2100 |
|
Puneet Khurana |
1100 |
|
Deepak Khurana |
1100 |
|
Radhey Shyam Khurana |
5000 |
|
Devender Khurana |
1000 |
|
Kuldeep Pabbun |
1000 |
|
Sudha Khurana |
1000 |
|
Arjun Lal Khurana &
Sons (HUF) |
100 |
|
Syrya Udyog Limited |
120000 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer
of Mould Bases, Die Sets, Die and Mould Accessories. |
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Products : |
v
Mould Bases v
Die Sets v
Die and Mould Accessories |
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Terms : |
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Selling : |
Credit
(90 Days) |
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Purchasing : |
Credit
(60 Days) |
PRODUCTION STATUS
|
Particulars |
Installed Capacity |
Actual Production |
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Mould Bases |
1000 nos. |
810 nos. |
|
Die Sets |
1500 nos. |
1200 nos. |
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Die and Mould Accessories |
35000 nos. |
29000 nos. |
GENERAL INFORMATION
|
Suppliers : |
v
A. B. Engineering
Works v
Ajay Steels v
Amritsar Engineering
Works v
Anand Steel &
Alloys v
Anmol Steels v
Ashraf Ali v
Corporate Courier
Services v
G. N. casting v
Guru Nanak Foundry v
Himanshi Enterprises v
Indian Tool Company v
Jadish Khurana v
K. S. Engineering
Works v
Laxmi Engineering
Works v
Navneet Engineering
Works v
N. D. Engineers v
Neeraj Enterprises v
Om Tempo Service v
Raghu Engineering
Works v
S. K. Enterprises v
Vijay Engineering
Works |
|
|
|
|
Customers : |
v
Prosys Engineers v
Wizard India Private
Limited v
Alfa Polymers v
Auto Décor Private
Limited v
Bellpoly Moulders v
Deepak Aerosole
Limited v
Denso India Limited v
Flem industries
Limited v
Hero Cycles Limited v
Indo Asian fuse Gears
Limited v
Impact Machines v
Link Pressings v
L. K. Auto Engineering
Works v
Oswal Electricals v
Sandhar Auto
Components v
Sandhar Industries v
Sharda Motors India
Limited v
Speciality Valves v
Standard Electricals
Limited v
Tech Plast India
Private Limited v
T. T. L. Limited |
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No. of Employees : |
75 |
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Bankers : |
Bank
of Baroda, Nehru Ground, Faridabad |
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Facilities : |
Credit
Limit: Rs. 5.000 Millions |
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Banking Relations : |
Satisfactory |
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Auditors : |
S.
S. Marwah & Company |
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Address: |
A-7,
West Patel Nagar, New Delhi – 110 008 |
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Tel. No.: |
91-11-25780602/
25712485 |
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Sister Concern : |
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Name: |
Indian
Tools Company |
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Address: |
5H/
80, N.I.T. Faridabad, Haryana – 121 001,India |
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Line of Business: |
CNC
Wire Cut Machining |
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|
|
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Name: |
Indian
Die-Mould Accessories Company |
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Address: |
E-59
& 60,S. G. M Nagar, Faridabad, Haryana – 121 001,India |
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Line of Business: |
Die
and Mould Accessories |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
1000000 |
Equity
Shares |
Rs. 10/- each |
Rs. 10.000 Millions |
Issued, Subscribed
& Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
510000 |
Equity
Shares |
Rs. 10/- each |
Rs. 5.100 Millions |
FINANCIAL
DATA
[all figures are in Rupees Millions]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2006 (Provisional ) |
31.03.2005 |
31.03.2004 |
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|
SHAREHOLDERS FUNDS |
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|
|
|
|
1] Share Capital |
5.072 |
3.762 |
2.562 |
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|
2] Share Application Money |
0.000 |
0.110 |
1.310 |
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|
3] Reserves & Surplus |
2.754 |
1.793 |
1.545 |
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|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
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NETWORTH
|
7.826 |
5.665 |
5.417 |
|
|
LOAN FUNDS |
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|
|
|
|
1] Secured Loans |
0.131 |
1.889 |
2.044 |
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|
2] Unsecured Loans |
3.426 |
0.131 |
0.131 |
|
TOTAL
BORROWING
|
3.557 |
2.020 |
2.175 |
|
|
DEFERRED TAX LIABILITIES |
0.210 |
0.228 |
0.000 |
|
|
|
|
|
|
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TOTAL
|
11.593 |
7.913 |
7.592 |
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APPLICATION OF FUNDS
|
|
|
|
|
|
|
|
|
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FIXED ASSETS [Net Block]
|
7.785 |
5.646 |
4.690 |
|
Capital work-in-progress
|
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
INVESTMENT
|
1.211 |
0.000 |
0.000 |
|
DEFERREX TAX ASSETS
|
0.000 |
0.000 |
0.000 |
|
|
|
|
|
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CURRENT ASSETS, LOANS & ADVANCES
|
|
|
|
|
|
|
Inventories
|
1.055
|
0.894 |
0.907 |
|
|
Sundry Debtors
|
11.471
|
12.472 |
8.316 |
|
|
Cash & Bank Balances
|
0.559
|
0.717 |
1.527 |
|
|
Other Current Assets
|
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances
|
0.000
|
0.509 |
0.798 |
Total Current Assets
|
13.085
|
14.592 |
11.548 |
|
Less : CURRENT LIABILITIES & PROVISIONS
|
|
|
|
|
|
|
Current Liabilities
|
10.188
|
12.080 |
8.414 |
|
|
Provisions
|
0.300
|
0.245 |
0.232 |
Total Current Liabilities
|
10.488
|
12.325 |
8.646 |
|
Net Current
Assets
|
2.597
|
2.267 |
2.902 |
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES
|
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
TOTAL
|
11.593 |
7.913 |
7.592 |
|
PROFIT & LOSS ACCOUNT
|
PARTICULARS |
31.03.2006 (Provisional ) |
31.03.2005 |
31.03.2004 |
Sales Turnover [including other income]
|
35.291 |
33.828 |
21.969 |
|
|
|
|
|
Profit/(Loss) Before Tax
|
1.280 |
1.055 |
3.868 |
Provision for Taxation
|
0.245 |
0.403 |
0.000 |
Profit/(Loss) After Tax
|
0.980 |
0.652 |
3.868 |
|
|
|
|
|
Import Value
|
3.038 |
N. A. |
N. A. |
|
|
|
|
|
Total Expenditure
|
34.524 |
32.314 |
18.101 |
KEY RATIOS
|
PARTICULARS |
|
31.03.2006 (Provisional ) |
31.03.2005 |
31.03.2004 |
PAT / Total Income
|
(%)
|
2.78
|
1.93 |
17.61 |
|
|
|
|
|
|
Net Profit Margin
(PBT/Sales) |
(%) |
3.63
|
3.12 |
17.61 |
|
|
|
|
|
|
Return on Total Assets
(PBT/Total Assets} |
(%) |
5.80
|
5.21 |
23.82 |
|
|
|
|
|
|
Return on Investment (ROI)
(PBT/Networth) |
|
0.16
|
0.19 |
0.71 |
|
|
|
|
|
|
Debt Equity Ratio
(Total Liability/Networth) |
|
1.79
|
2.53 |
1.20 |
|
|
|
|
|
|
Current Ratio
(Current Asset/Current
Liability) |
|
1.25
|
1.18 |
1.34 |
LOCAL AGENCY FURTHER INFORMATION
TRADE
REFERENCES:
|
Minda
HUF Limited |
D-6-11, Sector 59,Noida –
2010301, Uttar Pradesh |
Mr.
J.K.Tomar (DGM Design & Toolroom) |
91-120-2580249/ 2580250 |
|
Talbros Automotive
Components Limited |
14/1, Mathura Road, P.O.
Amar Nagar, Faridabad – 121 003 (HR.) |
Mr.
V.S. Dahia (DGM
Purchase) |
91-129-4046302 |
|
Havells
India Limited |
14/3, Mathura Road, P.O.
Amar Nagar, Faridabad – 121 003 (HR.) |
Mr.
G.N. Sharma (General
Manager) |
91-129-2276377 |
|
Minda
Industries Limited |
Village – Nawada, P.O.
Sikanderpur Badda, Gurgaon – 122 004 (HR.) |
Mr.
Pankaj Asthana (Manager
Toolroom) |
91-124-2290427/ 2290428 |
|
JPM
Tools Limited |
Plot No. 25, Sector 37,Pace
City- 1, Gurgaon – 122 004 (HR.) |
Mr.
S. P. Ghose (Manager
Purchase) |
91-124-4010402/
4010403 |
|
Lumax
Industries Limited |
Plot
No. 16, Sector – 18, Maruti Industrial Area, Gurgaon – 122 004 (HR.) |
Mr. C.S. Aggarwal (General Manager Toolroom) |
91-124-2341090/ 2341324 |
FIXED
ASSETS:
Plant & Machinery, Furniture & Fixture, Computer, Telephone & Pager, Generator, Scooter,Fax Machine, PABX System, Machine Software etc.
|
Name
of the company |
Indian Mould Base & Die
Set Company Private Limited |
|
Presented By |
|
|
1)
Date and description of instrument creating the change |
7TH Day of
April, 2003. |
|
2)
Amount secured by the charge/amount owing on the securities of charge |
Rs.
2.250 Millions |
|
3)
Short particular of the property charged. If the property acquired is subject
to charge, date of the acquired of the property should be given |
Hypothecation
of movable machinery of the company and Hypothecation of Stock & Book
Debts of the company |
|
4)
Gist of the terms and conditions and extent and operation of the charge. |
Interest
@ 2% over prime Lending rate i.e @13.5% per annum. |
|
5)
Name and Address and description of the person entitled to the charge. |
Shah
Arjun lal Khurana , H. No. 40, Sector 21C, Faridabad, Haryana – 121 001,India |
|
6)
Date and brief description of instrument modifying the charge |
Not
Available |
|
7)
Particulars of modifications specifying the terms and conditions or the
extent of operations of the charge in which modification is made and the
details of the modification. |
Not
Available |
|
Name
of the company |
Indian Mould Base & Die
Set Company Private Limited |
|
Presented By |
|
|
1)
Date and description of instrument creating the change |
Charge created on 7/04/2003
and registered on 02/05/2003 |
|
2)
Amount secured by the charge/amount owing on the securities of charge |
Rs.
2.250 Millions |
|
3)
Short particular of the property charged. If the property acquired is subject
to charge, date of the acquired of the property should be given |
Hypothecation
of movable Machine and Hypothecation of Stock & Book Debts of the company |
|
4)
Gist of the terms and conditions and extent and operation of the charge. |
Rate
of Interest reduced from 13.5% p.a. to 12.5% p.a. with monthly rest. |
|
5)
Name and Address and description of the person entitled to the charge. |
Bank
of Baroda, Nehru Ground, NIT,
Faridabad (Haryana) Branch |
|
6)
Date and brief description of instrument modifying the charge |
Letter
from Bank received dated 12.03.2005 |
|
7)
Particulars of modifications specifying the terms and conditions or the
extent of operations of the charge in which modification is made and the
details of the modification. |
Rate
of Interest reduced from 13.5% p.a. to 12.5% p.a. with monthly rest. |
|
Name
of the company |
Indian Mould Base & Die
Set Company Private Limited |
|
Presented By |
|
|
1)
Date and description of instrument creating the change |
7TH Day of
April, 2003. |
|
2)
Amount secured by the charge/amount owing on the securities of charge |
Rs.
0.500 Millions |
|
3)
Short particular of the property charged. If the property acquired is subject
to charge, date of the acquired of the property should be given |
Hypothecation
of movable machinery of the company and Hypothecation of Stock & Book
Debts of the company |
|
4)
Gist of the terms and conditions and extent and operation of the charge. |
Interest
@ 2% over prime Lending rate i.e @13.5% per annum. |
|
5)
Name and Address and description of the person entitled to the charge. |
Shah
Arjun lal Khurana , H. No. 40, Sector 21C, Faridabad, Haryana – 121 001,India |
|
6)
Date and brief description of instrument modifying the charge |
Not
Available |
|
7)
Particulars of modifications specifying the terms and conditions or the
extent of operations of the charge in which modification is made and the
details of the modification. |
Not
Available |
|
Name
of the company |
Indian Mould Base & Die
Set Company Private Limited |
|
Presented By |
|
|
1)
Date and description of instrument creating the change |
Charge created on 7/04/2003
and registered on 02/05/2003 |
|
2)
Amount secured by the charge/amount owing on the securities of charge |
Rs.
0.500 Millions |
|
3)
Short particular of the property charged. If the property acquired is subject
to charge, date of the acquired of the property should be given |
Hypothecation
of movable Machine and Hypothecation of Stock & Book Debts of the company |
|
4)
Gist of the terms and conditions and extent and operation of the charge. |
Rate
of Interest reduced from 13.5% p.a. to 12.5% p.a. with monthly rest. |
|
5)
Name and Address and description of the person entitled to the charge. |
Bank
of Baroda, Nehru Ground, NIT,
Faridabad (Haryana) Branch |
|
6)
Date and brief description of instrument modifying the charge |
Letter
from Bank received dated 12.03.2005 |
|
7)
Particulars of modifications specifying the terms and conditions or the
extent of operations of the charge in which modification is made and the
details of the modification. |
Rate
of Interest reduced from 13.5% p.a. to 12.5% p.a. with monthly rest. |
AS
PER WEBSITE:
Standing on the grounds of
precision and perfection, They are committed to deliver best of Their products
and services to Their customers. They manufacture and export mold bases &
accessories, die- sets & accessories, ejector pins, punches, dowel pins
etc. They also offer spare parts for mold bases & die sets such as guide
pillars, bushes, return pins and ejector pins etc. Their efforts are directed
towards offering flawless products with an impressive medley of designs and
technology. Since Their inception, They are striving hard to provide maximum
benefits at minimum cost to Their customers. They can offer different types of
Their standard models as per the specifications of Their customers.
They offer a wide range of mould bases dies in variety of designs and sizes.
Their main objective is to match the market demands with Their products. Their
product range includes:
Mould Bases and Accessories
While lead times are diminishing and competition is getting fierce, a
revolutionary way of building stand-alone injection moulds is taking form.
Indian mould base & die set co. (P) ltd. Helped the mould makers to get rid
of the process of planning and designing around a set of mold bases and / or
components that should be pre-designed and manufactured.
The advantage of using mold bases and/or components is that they have been
previously designed, built and inventoried, that it allows for an increased
number of moulds to be built with the same manpower. In today's competitive
atmosphere, jobs are sometimes won or lost based on lead times. Lead times are
directly tied to a company's ability to manage manpower. Standard mould designs
limit much of the up-front planning, as well as reduce assembly times. Factor
in the saved machining times and the ability to have the mould maker focus on
molding detail, and managing manpower becomes much more focused and efficient.
Die Sets and Accessories
The company is also manufacturing the standard parts for sheet metal dies also.
The same concept of shorter lead times is there for the die makers also. Thus
to get away from the process of spending time of planning, designing and
manufacturing of parts like die sets, punch plate, stripper plate etc. the die
makers can have attention on main punch and die.
Now the die makers can select the die set from the company's catalogue. The
company can provide you with all the punch back plate, punch plate, stripper
plate, die plate etc assembled with your die set and thus you can finish up
with only assembling the final die into the die set.
Ball Cages, Ejector Pins, Dowel Pins
They are also manufacturing various other standard parts that are used in
injection molds and dies like ball cages (in brass, aluminium and nylon),
ejector pins (stepped and straight) and round punches. They can also provide
you up with the springs (special springs make) made in Italy.
The company is equipped with latest machinery like machinery centers, hydraulic
surface and cylindrical grinders, milling machines with digital read outs etc.
to provide you up with the high grade of accurate mould bases, die sets and its
accessories. The companies main motive is to give the industry with all the standard
accessories required by a mould maker and a die maker.
Infrastructure
They recruit well-trained and highly experienced engineers to ensure the high
standard of Their products. To support Their workforce They have integrated
sophisticated machinery in Their system. At each stage of manufacturing process
stringent quality control norms are observed to ensure Their products are
absolutely flawless.
Their Core Strengths
- Technically qualified and experienced professionals team.
- Focus and investment in equipment, manpower and time for R&D
design.
- Development & innovation for complex construction and critical
/ customized applications.
- Intensive monitoring and control on manufacturing and testing
process.
Quality &
Pricing
They offer best quality at most competitive price, strict quality control norms
are being observed at each stage of processing to ensure Their products are in
conformation with the international standards. The materials used for the
manufacturing of Their products are of highest quality standards. It is Their
quality, which sets up apart from other houses involved in similar trade. They
assure Their customers that They shall maintain the standards and improve Their
products and services as per the market demands.
They share a mutually beneficial
relationship with Their clients. They believe in maintaining long lasting
relationship with serious entrepreneurs, which helps us to grow and scale new
heights of success.
CONTACT US OR Send Your Business Query
Indian Mould Base & Die Set Company Private Limited
Contact Person : Mr. Arjun Lal Khurana
Address : E-5 & 6, K.C Badkal Road, S. G. M. Nagar, NIT,
Faridabad
- 121 001, Haryana INDIA
Phone no : +(91)-(129)-2411156/2423392/2429114
Fax : +(91)-(129)-2423392
Email : imdc2k@gmail.com, kuldeeppabbun@yahoo.co.in
CMT REPORT [Corruption, Money laundering & Terrorism]
The
Public Notice information has been collected from various sources including but
not limited to: The Courts, India Prisons Service, Interpol, etc.
1] INFORMATION
ON DESIGNATED PARTY
No records exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.
2] Court
Declaration :
No records exist to suggest that subject is or was the
subject of any formal or informal allegations, prosecutions or other official
proceeding for making any prohibited payments or other improper payments to
government officials for engaging in prohibited transactions or with designated
parties.
3] Asset
Declaration :
No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.
4] Record
on Financial Crime :
Charges or conviction registered
against subject: None
5] Records
on Violation of Anti-Corruption Laws :
Charges or investigation registered
against subject: None
6] Records
on Int’l Anti-Money Laundering Laws/Standards :
Charges or investigation registered
against subject: None
7] Criminal
Records
No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.
8] Affiliation
with Government :
No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.
9] Compensation
Package :
Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.
10] Press Report :
No press reports / filings exists on the subject.
CORPORATE
GOVERNANCE
MIRA
INFORM as part of its Due Diligence do provide comments on Corporate Governance
to identify management and governance. These factors often have been predictive
and in some cases have created vulnerabilities to credit deterioration.
Our
Governance Assessment focuses principally on the interactions between a
company’s management, its Board of Directors, Shareholders and other financial
stakeholders.
CONTRAVENTION
Subject
is not known to have contravened any existing local laws, regulations or
policies that prohibit, restrict or otherwise affect the terms and conditions
that could be included in the agreement with the subject.
FOREIGN
EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US
Dollar |
1 |
Rs.45.61 |
|
UK
Pound |
1 |
Rs.85.76 |
|
Euro |
1 |
Rs.58.39 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
2 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--MARGINS |
-5~5 |
- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
43 |
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%)
RATING
|
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely
sound financial base with the strongest capability for timely payment of
interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is
considered normal. Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable &
favourable factors carry similar weight in credit consideration. Capability
to overcome financial difficulties seems comparatively below average/normal. |
Small |
|
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 |