MIRA
INFORM REPORT
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Report Date : |
01.08.2007 |
IDENTIFICATION DETAILS
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Name : |
UNIEXCEL LTD |
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Registered Office : |
10FL, |
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Country : |
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Date of Incorporation : |
28.08.1996 |
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Com. Reg. No.: |
97164133 |
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Legal Form : |
Private |
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Line of Business : |
Trading a wide range of computer parts and accessories, general
merchandise and other related products. Importing small quantities of non-alloyed unwrought aluminum. Exporting self-adhesive tapes, electronic parts and general
merchandise. |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average/normal. |
Small |
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Maximum Credit Limit : |
USD 30,000 |
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Status : |
Small Company |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Clear |
COMPANY NAME &
ADDRESS
UNIEXCEL LTD
10FL,
TEL: 886-2-25068570
FAX: 886-2-25060547
EXECUTIVE SUMMARY
INCORPORATION DATE :
AUGUST 28, 1996
REGISTRATION NO. :
97164133
LEGAL FORM :
PRIVATE
CHIEF EXECUTIVE :
MR. BOURNE CARVALHO (CHAIRMAN)
STAFF STRENGTH :
10
CAPITAL :
US$ 151,057
BUSINESS LINE :
TRADER
TURNOVER :
US$1,958,925.75 (AS OF DEC. 31, 2005)
EQUITIES :
N/A (AS OF DEC. 31, 2005)
PAYMENT :
AVERAGE
RECOMM.
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
STABLE
OPERATIONAL TREND :
STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
TWD 32.83320 = US$1 AS OF 2007-8-1
Adopted
abbreviations:
ANS - amount not stated
NS - not stated SC - subject
company (the company inquired by you)
NA - not available
M - million TWD –Taiwan New
Dollars
*Company Registration*
===================
License number : 97164133
Date issued : 28 August, 1996
Issuing authority : Ministry of Economic Affairs
(MOEA)
*Office & Facilities*
===============
Size : 9763 sq. meters (Approx.)
Location : Central Business District (CBD)
Property status : Owned by TUN WA INDUSTRIAL CO LTD
Type of building : Commercial building
Comment : Premises is shares with affiliate
companies, GINDA INDUSTRIES LTD TAIWAN
BRANCH (
Other e-mail : julie@ginda.com.tw
*Corporate & Organization Structure*
===========================
A small-sized company mainly operated and managed by the owner of the
firm.
*Reputation*
==========
Reference checking for the purpose of establishing the firm's reputation
within the respective industry failed to reveal any negative information.
Web site: www.uniexcelgroup.com
The design is professional and the content is well organized. At present it is
in English version.
E-mail: sales@ginda.com.tw
For the past two years there is no record of litigation.
*Major Shareholders*
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Shareholder's Name
% of Shares
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Bourne Carvalho 90.00
Undisclosed shareholders
10.00
Management: Mr. Santosh Agarwal,
Manager
Ms. Wendy Hsiu-ling Sung, Assistant
Ms. Annie Hsiao-ni Kao, Manager
Name Nationality
Job Description Dept. / Division
Mr. Santosh Agarwal Taiwanese
Manager Account
Ms. Wendy Hsiu-ling Sung Taiwanese
Assistant Sales
Ms. Annie Hsiao-ni Kao aiwanese
Manager Sales
Ms. Debby Chiu-ping Huang Taiwanese
Manager Sales
Mr. Bourne Carvalho Indian
President -
*Key Personnel*
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Mr. Bourne Carvalho
E-mail address : bourne@uniexcelgroup.com.tw
Responsibilities : Handles the daily operation of the
firm including all financial and legal matters
Ms. Wendy Hsiu-ling Sung
E-mail address : wendy@ginda.com.tw
Ms. Debby Chiu-ping Huang
E-mail address : debby.huang@uniexcelgroup.com.tw
Mr. Santosh Agarwal
Email address : santosh@uniexcelgroup.com.tw
Ms. Annie Hsiao-ni Kao
E-mail address : annie.kao@uniexcelgroup.com.tw
*Main Products & Services*
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Specializes in the following areas of work :
1. Trading a wide range of computer parts and accessories, general
merchandise and other related products.
2. Importing small quantities of non-alloyed unwrought aluminum.
3. Exporting self-adhesive tapes, electronic parts and general
merchandise.
Products:
Color monitors
Computer cases
Computer keyboards
Computer modems
Computer mouse
*Payment Terms*
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Sales
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Local : 30-60 days credit
Export : Letter of Credit
(L/C)
Telegraphic
Transfer (T/T)
Purchases
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Local : 30-60 days credit
Import : Letter of Credit (L/C)
Telegraphic
Transfer (T/T)
*Competitors*
===========
The following locally based firms supply similar range of products :
- CHANG KWANG INDUSTRY CO LTD
- PROTECH TRANS INC
- TRINITY CO LTD
- A POWER TECHNOLOGY CO LTD
- FASM ENTERPRISE CO LTD
- ACARD TECHNOLOGY CORP
- CHANDER ELECTRONICS CORP
- DEEP ELECTRONICS CO LTD
- EXPERT ELECTRONIC CORP
- FOXLINK IMAGE TECHNOLOGY CO LTD
*Exhibition Participation*
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Participated in the following local exhibitions:
Exhibition fair :
Date attended : 5-9 June, 2000
Location :
Exhibition fair :
Date attended : 4-8 June, 2001
Location :
Exhibition fair :
Date attended : 3-7 June, 2002
Location :
*Local Distribution Network*
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10% of the annual turnover is attributed to local sales.
*Export Markets*
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90% of the annual turnover is attributed to export.
*(Subsidiaries, Joint-ventures & Affiliates)
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Company Name : GINDA
INDUSTRIES LTD -
Address :
10Fl,
Country :
Relationship : Affiliate
Legal Form :
Private company with limited liability
Company Type : Trader
Industry :
Computer & Information Products
Company Name : SUNSHINE
COMPUTERS LLC
Address :
Country :
Relationship :
Affiliate
Legal Form :
Private company with limited liability
Company Type : Trader
Industry :
Electronic Products & Components
Company Name : TUN WA
INDUSTRIAL CO LTD
Address :
10Fl,
Country :
Relationship :
Affiliate
Legal Form :
Private company with limited liability
Company Type : Trader
Industry :
Computer & Information Products
Company Name : UNIEXCEL
GENERAL TRADING LLC
Address :
Country :
Relationship :
Subsidiary
Legal Form :
Private company with limited liability
Company Type : Trader
Industry :
Electronic Products & Components
Company Name : UNIEXCEL
LTD
Address :
Ground Fl 4/
Country :
Relationship :
Subsidiary
Legal Form :
Private company with limited liability
Company Type : Trader
Industry :
Electronic Products & Components
Company Name : UNIEXCEL
LTD -
Address :
Country :
Relationship :
Subsidiary
Legal Form :
Private company with limited liability
Company Type : Trader
Industry :
Electronic Products & Components
*Strategic Partners & Alliances*
=========================
Group/Alliance name : UNIEXCEL GROUP
Group members : - UNIEXCEL LTD,
- UNIEXCEL LTD -
- UNIEXCEL GENERAL TRADING LLC
- UNIEXCEL LTD,
- SUNSHINE COMPUTERS LLC
Size of "group"
: It is estimated the total number of employees for all related
companies is approximately
25
persons.
PAYMENT RATING :3 OBTAINED SCORES : 52
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Rating Key |
Implication |
Implications |
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1 |
Scores 85–100 |
Excellent |
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2 |
Scores 75 – 84 |
Above Average |
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3 |
Scores 50 – 74 |
Average |
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4 |
Scores 35 – 49 |
Fair |
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5 |
Scores 15 – 34 |
Below Average |
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6 |
Scores 01 – 14 |
Poor |
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NR |
No Data |
No Data |
The rating indicates the payment pattern of SC
based upon our Payment Database, comments from suppliers of SC, information
from banks (if available), as well as industrial sources.
Dealings on open terms may be possible for SMALL amounts depending on individual judgement
experience.
As a limited company with a paid-up capital of less than USD 6 million,
there is no legal requirement according to
Although summary financials were obtained.
*Bank Details*
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Bank Name : BANK
OF
Branch :
Chungcheng Dist,
Branch Address :
SWIFT Code :
BKTWTWTP
Bank Name : HUA
NAN COMMERCIAL BANK LTD
Branch :
Chungcheng Dist,
Branch Address :
SWIFT Code :
HNBKTWTP
*Int´l Trade Activity (Currency:
==============================
Year Imports Exports Total
2001 $710,826.99 $9,325,735.00 $10,036,561.99
2002 $23,000.00 $2,860,000.00 $2,883,000.00
2003 $50,000.00 $400,000.00 $450,000.00
2004 $0.00 $800,000.00 $800,000.00
2005 $50,000.00 $2,000,000.00 $2,050,000.00
2006 $0.00 $1,900,000.00 $1,900,000.00
*Financial Summary (Currency:
==============================
Year Sales Assets Net Income
2003 $403,690.89 $218,853.81 $31,231.75
2004 $1,052,631.58 $227,067.67 $58,646.62
2005 $1,958,925.75 $238,546.60 $85,308.06
Over the past 11 years, SC has made a stable growth with acceptable
profit. It is considered a credit line up to USD 30,000 appears to be within
SC’s capacities.
Attached: trade references
SIC PRODUCT
CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 3081
Plastics film, strips, and
sheets, unsupported
Exporting 3600
Electronic & Electric
Equip.
Exporting 5065
Electronic Parts/Equip,
NEC
Importing 3334
Aluminum and aluminum
alloys, unwrought
Trading 2821
Plastics materials and
resins
Trading 3572
Computer storage devices
Trading 3577
Computer peripheral
equipment, and parts,
Trading 5045
Computers Equip/Software
HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 3919901000
Self-adhesive plates, sheets, film,
foil, tape, etc, of plastic, having a light
reflecting
surface produced by glass grains (ballotini)
Exporting 8473300000
Parts and accessories for automatic
data processing machines and units
Exporting 8542900000
Parts for electronic integrated circuits
and microassemblies
Importing 7601100000
Unwrought aluminum, not alloyed
Trading 3904
Polymers of vinyl chloride
etc., in primary forms
Trading 6601990000
Umbrellas
Trading 8471
Automatic data process
machines; magn reader, etc. computer hardware
Trading 8471492000
Keyboard units, entered as part of a
system
Trading 8471603500 Color
cathode-ray tube (crt) monitors
Trading 8471609030 Card
key and magnetic media entry devices
DETAILED
PRODUCT CLASSIFICATION & ACTIVITY
Activity Product/Service
Description
Trader Computer keyboards
Trader Computer mouse
Trader Color monitors
Trader Motherboards
Trader PVC (polyvinyl chloride)
Trader Polyvinyl
Trader Umbrellas
Trader Sound cards
Trader Voice card
Trader Computer modems
INTERNATIONAL
TRADE : ACTIVITY & MARKETS
Exporting to
Exporting to
Exporting to
Exporting to
Exporting to
Exporting to
Exporting to
Exporting to
Exporting to UAE
Exporting to
Importing from
Importing from
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems comparatively
below average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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%)