MIRA
INFORM REPORT
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Report Date : |
12.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
MARTECH [SHOP] |
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Registered Office : |
604/314 Moo 1,
Petchkasem Road, Bangkaenua, Bangkae, Bangkok
10160 |
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Country : |
Thailand |
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Date of Incorporation : |
2002 |
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Legal Form : |
Ordinary Shop |
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Line of Business : |
Engaged in importing, distributing and commission servicing wide range
of industrial machinery
and parts. |
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. |
Small |
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Status : |
Small Shop |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name
MARTECH [SHOP]
SUMMARY
BUSINESS ADDRESS : 604/314 MOO 1, PETCHKASEM
ROAD, BANGKAENUA,
BANGKAE, BANGKOK
10160, THAILAND
TELEPHONE : [66] 2454-4611
FAX : [66] 2454-4612
E-MAIL ADDRESS : martech@ksc.th.com
REGISTRATION ADDRESS : -
ESTABLISHED : 2002
REGISTRATION NO.
: -
CAPITAL
REGISTERED : -
CAPITAL
PAID-UP : -
FISCAL
YEAR CLOSING DATE : -
LEGAL STATUS : ORDINARY SHOP
EXECUTIVE : MR. PICHAI PAIBOONTHANANONT, THAI
OWNER
NO. OF
STAFF : 3
LINES OF
BUSINESS : INDUSTRIAL MACHINERY AND PARTS
IMPORTER, DISTRIBUTOR
AND BROKER
CORPORATE PROFILE
OPERATING TREND : STABLE
PRESENT SITUATION : OPERATING NORMALLY
REPUTATION : -
MANAGEMENT STANDARD : -
HISTORY
The
subject was formed
in 2002 as
an ordinary shop
under the name
MARTECH SHOP, by
Mr. Pichai Paiboonthananont who
is the Thai owner, with
the business objective
to provide product
and service of
industrial machinery and
parts. It currently
employ 3 staff.
The
subject’s business address
is 604/314 Moo
1, Petchkasem Rd.,
Bangkaenua, Bangkae, Bangkok
10160.
MANAGEMENT
Mr. Pichai Paiboonthananont is
the Owner and
Manager.
He is Thai nationality.
Mr. Vorathep Paiboonthananont is
the Assistant Manager.
He is Thai nationality.
BUSINESS OPERATIONS
The subject is
engaged in importing,
distributing and commission
servicing wide range
of industrial machinery
and parts. Most
of the products has been
purchased by customer’s
order.
IMPORT
Most
of the products are imported
from India, Republic
of China, Taiwan
and Singapore.
SALES / SERVICES
The products is
sold and serviced
locally to manufacturers and end-users.
REVENUE
In
2006, the subject’s
revenue was around
8-9 million baht.
SUBSIDIARY AND
AFFILIATED COMPANY
The subject is
not found to
have any subsidiary
nor affiliated company
here in Thailand.
LITIGATION
Bankruptcy and Receivership
There are no
litigation on bankruptcy
and receivership cases
filed against the
subject found at
Legal Execution Department
for the past
five years.
Others
There are no
legal suits filed
against the subject
for the past
two years.
CREDIT
Sales are by
cash or on
the credits term
of 30-60 days.
Local bills are
paid by cash
or on the credits term
of 30-60 days.
Imports are by
T/T.
BANKING
Kasikornbank Public Co.,
Ltd.
EMPLOYMENT
The
subject employs 3
staff.
LOCATION DETAILS
The
premise is owned
for administrative office
at the heading address. Premise
is located in
commercial/ residential area.
REMARK
Due to the
subject is an
ordinary shop, therefore
financial has not
submitted to the
Commercial Registration Department.
COMMENT
The subject
operates as a
small shop selling
industrial machinery and
parts to local
industrial factories. As an
ordinary shop, the
financial condition is
unknown. Therefore, the
credit should be
treated on a
secured basis.
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. |
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%)