MIRA
INFORM REPORT
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Report Date : |
25.10.2007 |
IDENTIFICATION DETAILS
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Name : |
ONE PLUS ASSOCIATE |
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Registered Office : |
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Country : |
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Date of Incorporation : |
2007 |
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Line of Business : |
Plastic Packaging Products Importer And Distributor |
RATING & COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
COMPANY NAME
ONE PLUS ASSOCIATE
SUMMARY
BUSINESS ADDRESS : 28/91 MOO 4, RAMINDRA 19 ROAD, THARAENG,
BANGKHEN,
TELEPHONE : [66] 2522-6175-6
FAX : [66] 2521-8893
REGISTRATION ADDRESS : SAME AS BUSINESS ADDRESS
ESTABLISHED : 2007
REGISTRATION NO. : -
CAPITAL REGISTERED : -
CAPITAL PAID-UP : -
FISCAL YEAR CLOSING DATE : -
LEGAL STATUS : -
EXECUTIVE : MS. WANNIPA MANAKIJSIRISUTTHI, THAI
OWNER
NO. OF STAFF : 1
LINES OF BUSINESS : PLASTIC PACKAGING PRODUCTS
IMPORTER AND DISTRIBUTOR
CORPORATE PROFILE
OPERATING TREND : EARLY STAGE
PRESENT SITUATION : OPERATING NORMALLY
REPUTATION : -
MANAGEMENT STANDARD : -
HISTORY
The subject was formed in March 2007 under the name “ONE PLUS ASSOCIATE”, by Ms. Wannipa Manakijsirisutthi, a Thai who is the owner, in order to import and distribute plastic packaging products to domestic market.
MANAGEMENT
Ms. Wannipa Manakijsirisutthi is the Owner.
She is Thai nationality with the age of 37 years old.
BUSINESS OPERATIONS
The subject is engaged in importing and distributing of plastic packaging and plastic wares for fresh foods and processed foods industry.
PURCHASE
Most of the products are imported from Germany and U.K., the remaining is purchased from local supplier.
SALES
100% of the products is sold locally to wholesalers, manufacturers and end-users.
RELATED AND
ASSOCIATED COMPANY
S. W. Foodtech Co., Ltd.
Business Type : Distributor of agro-food products.
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 according to IRICO’S DATABASE for the past two years.
CREDIT
Sales are by cash or on the credit term of 30 days.
Local bills are paid by cash or on the credit term of 30 days.
Imports are by L/C at sight or T/T.
BANKING
The Siam Commercial Bank Public Co., Ltd.
EMPLOYMENT
Ms. Wannipa Manakijsirisutthi is the only person who handles the business, however, the subject is able to use some of employees of the associated company.
LOCATION DETAILS
The premise is rented for administrative office at the heading address. Premise is located in commercial/residential area.
NOTE
The subject’s financial information was not available.
COMMENT
The subject has been operated as an importer and distributor of plastic container products. It is in an early stage of operation, therefore its business has not been fully operated.
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%)