MIRA INFORM REPORT

 

 

Report Date :

05.04.2007

 

IDENTIFICATION DETAILS

 

Name :

SONIC  SEAFOOD  CO.,  LTD.

 

 

Registered Office :

37/38  Soi  Yenchit,  Chan  Road, Thungwatdon,  Sathorn, Bangkok  10120

 

 

Country :

Thailand

 

 

Date of Incorporation :

2007

 

 

Com. Reg. No.:

0105550032758

 

 

Legal Form :

Private  Limited  Company

 

 

Line of Business :

Objective  to operate a seafood  business.  

 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

New Company

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 


name

 

SONIC  SEAFOOD  CO.,  LTD.

 

 

SUMMARY

 

BUSINESS  ADDRESS                          :           -

TELEPHONE                                         :           - 

FAX                                                      :           -

REGISTRATION  ADDRESS                  :           37/38  SOI  YENCHIT,  CHAN  ROAD,

                                                                        THUNGWATDON,  SATHORN,

                                                                        BANGKOK  10120

 

ESTABLISHED                                     :           2007

REGISTRATION  NO.                           :           0105550032758

CAPITAL REGISTERED                         :           BHT.   1,000,000

CAPITAL PAID-UP                                :           BHT.   1,000,000

FISCAL YEAR CLOSING DATE              :           -            

LEGAL  STATUS                                  :           PRIVATE  LIMITED  COMPANY

EXECUTIVE                                          :           -

                                                                                     

 

NO.  OF  STAFF                                   :           -

LINES  OF  BUSINESS                          :           FROZEN  SEAFOODS

                                                                         

                                                                         

                                                                         

CORPORATE  PROFILE

 

OPERATING  TREND                            :           EARLY  STAGE                       

PRESENT  SITUATION                          :           -                      

REPUTATION                                       :           -

MANAGEMENT  STANDARD                 :           -                      

 

 

 

 

 

 

 


 

HISTORY

 

The  subject  was  established  on  March  23,  2007 as  a  private  limited  company under  the   name  style SONIC  SEAFOOD CO., LTD.,  by  Thai  groups, with  the  objective  to  operate   a   seafood  business.  

 

The subject’s  registered  address  is  37/38  Soi  Yenjit,  Chan  Rd.,  Thungwatdon,  Sathorn,  Bangkok  10120.

 

 

THE  BOARD  OF  DIRECTORS

 

     Name

 

Nationality

Age

 

 

 

 

Mr. Yuthakorn  Udommun

 

Thai

30

Mr. Ong-arj  Raseevisuth

 

Thai

37

Mr. Boonsiri  Siriboon

 

Thai

31

 

 

AUTHORIZED  PERSON

 

One  of  the  above  directors  can   sign  on  behalf  of  the  subject  with  company’s  affixed.

 

 

NOTE

 

Please  be  informed  that,  the  subject  was  untraceable.  Telephone  company  reported  no  subject’s  number  on  their  list,  as  it  is  newly  established  company  on  March  23,  2007.

 

 

COMMENT

 

We  were  not  able  to  contact  to  the  subject  due  to  its  newly  established  company  with  no  telephone  number  listed,  as  well  as  the  administrative  address  is  still  non  performing.

 

Any  business  engagement  with  the  subject  is not  recommended  at   the  time  being.

 

 

FINANCIAL  INFORMATION

 

The  capital  was  registered  at  Bht. 1,000,000  divided  into  10,000  shares  of  Bht. 100    each  with  fully  paid.

 

 

THE  SHAREHOLDERS  LISTED  WERE  :  [as  at  

March  20,  2007]

 

       NAME

HOLDING

%

 

 

 

Mr. Polsak  Raseevisuth

Nationality:  Thai

Address    :  85/2  Moo  8,  Wangtakoo,  Muang,  Nakornpathom

2,000

20.00

Mr. Ong-arj  Raseevisuth

Nationality:  Thai

Address    :  305  Moo  8,  Paknam,  Muang,  Chumporn

2,000

20.00

Ms. Thanyakarn  Raseevisuth

Nationality:  Thai

Address    :  85/2  Moo  8,  Wangtakoo,  Muang,  Nakornpathom

2,000

20.00

Mrs. Navarat  Raseevisuth

Nationality:  Thai

Address    :  258/16  Charansanitwong  Rd.,  Thaphra, Bangkok

1,900

19.00

Mr. Yuthakorn  Udommun

Nationality:  Thai

Address    :  80/961  Moo  5,  Theparak  Rd.,  Theparak, 

                   Muang,  Samutprakarn

1,000

10.00

Mr. Boonsiri  Siriboon

Nationality:  Thai

Address    :  37/38  Chan  Rd.,  Thungwatdon,  Sathorn,

                   Bangkok

1,000

10.00

Mr. Navapol  Raseevisuth

Nationality:  Thai

Address    :  258/16  Charansanitwong  Rd.,  Thaphra, Bangkok

100

1.00

 

 

Total  Shareholders

 

7

 

 

NOTE

 

Due  to  the  subject  has been  established  in  2007,  therefore  financial  information  has  not  yet  available.

 


 

RATING EXPLANATIONS

 

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

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

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%)

 

 

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