MIRA INFORM REPORT

 

 

Report Date :

20.04.2011

 

IDENTIFICATION DETAILS

 

Name :

AGILENT TECHNOLOGIES SINGAPORE (SALES) PTE. LTD.

 

 

Registered Office :

7 Temasek Boulevard #08-01 Suntec Tower One Singapore 038987

 

 

Country :

Singapore 

 

 

Financials (as on) :

31.10.2009

 

 

Date of Incorporation :

13.08.1999

 

 

Com. Reg. No.:

199904761K

 

 

Legal Form :

Limited Private Company

 

 

Line of Business :

General Wholesale Trade

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

S$1,000,000

Status :

Moderate

Payment Behaviour :

Unknown 

Litigation :

Clear

 

NOTES:

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – December 31, 2010

 

Country Name

Previous Rating

                   (30.09.2010)                  

Current Rating

(31.12.2010)

Singapore

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Executive Summary

 

Company Name

:

AGILENT TECHNOLOGIES SINGAPORE (SALES) PTE. LTD.

Registration No

:

199904761K

Date of Registration

:

13/08/1999

Former Name

:

AGILENT TECHNOLOGIES SINGAPORE (SALES) PTE LTD Eff. date : 13/08/1999 Eff. date : 13/08/1999

Date of Change of Name

:

NA

Type of Company

:

LIMITED PRIVATE COMPANY

Registered Address

:

7 TEMASEK BOULEVARD #08-01 SUNTEC TOWER ONE SINGAPORE 038987

Date of Change of Address

:

07/08/2010

Operative Address

:

1 Yishun Ave, 7 Singapore 768923, Singapore

Amalgamated With

:

AGILENT TECHNOLOGIES SINGAPORE (SALES) PTE LTD 199904761K

AGILENT TECHNOLOGIES SINGAPORE (SALES) PTE LTD 199904761K

Amalgamated To Form

:

AGILENT TECHNOLOGIES SINGAPORE (SALES) 199904761K

Amalgamation Eff Date

:

01/11/2010

Contact No.

:

6377 1688

Fax No.

:

6270 8372

Website

:

www.agilent.com

Registered Activities

:

GENERAL WHOLESALE TRADE (INCLUDING GENERAL IMPORTERS AND EXPORTERS)

Issued Ordinary Capital*

:

$53,745,014.99 SINGAPORE, DOLLARS ,NO. OF SHARE : 1,299,228

Issued Preference Capital

:

NA

Paid-Up Ordinary Capital

:

$53,745,014.99 SINGAPORE, DOLLARS

Paid-Up Preference Capital

:

NA

* Number of Shares includes number of Issued Treasury Shares

Issued Treasury Capital

:

NA

Paid-Up Treasury Capital

:

NA

No. of Local Subsidiaries

:

1

No. of Local Associates

:

NA

Auditor

:

PRICEWATERHOUSECOOPERS LLP

Bankers / Financiers

:

JPMORGAN CHASE BANK, N.A.

OVERSEA-CHINESE BANKING CORPORATION LIMITED

Turnover

:

U.S. DOLLAR 914,986,000.00 (FY2009)

Net Worth

:

U.S. DOLLAR 53,791,000.00 (FY2009)

No. of Bank Charges

:

2

No. of Litigation Suits

:

NA

S1000 / SME 500 / FG50 Ranking

:

168 POSITION IN SINGAPORE 1000 (2008/2009)

168 POSITION IN SINGAPORE 1000 (2007/2008)

129 POSITION IN SINGAPORE 1000 (2006/2007)

71 POSITION IN SINGAPORE 1000 (2005/2006)

54 POSITION IN SINGAPORE 1000 (2004/2005)

63 POSITION IN SINGAPORE 1000 (2003/2004)

66 POSITION IN SINGAPORE 1000 (2002/2003)

122 POSITION IN SINGAPORE 1000 (2001/2002)

Compounded Annual Growth Rate (CAGR)

:

NA

 

 

Credit Recommendation

 

Recommended Credit Line

:

S$1,000,000

 

 

SHAREHOLDER DETAILS

 

NAME

:

AGILENT TECHNOLOGIES SINGAPORE (INTERNATIONAL) PTE. LTD.

SHAREHOLDER ID

:

200923087N

NATIONALITY

:

SINGAPORE

ADDRESS

:

7 TEMASEK BOULEVARD #08-01 SUNTEC TOWER ONE SINGAPORE 038987

NO. OF ORD SHARES

:

1,299,228

% OF SHAREHOLDING

:

100%

CURRENCY

:

SINGAPORE, DOLLARS

 

 

OFFICER DETAILS

 

NAME

:

GOOI SOON CHAI

ADDRESS

:

2 HALAMAN CANTONMENT, 10350 PENANG MALAYSIA

POSITION

:

DIRECTOR

DIRECTOR

DATE OF APPT

:

05/10/2005

05/10/2005

NATIONALITY

:

MALAYSIAN

I/C PASSPORT

:

A10732608

 

NAME

:

ROBIN JAY YOUNG

ADDRESS

:

39 MOUNT SINAI RISE #03-02 FONTANA HEIGHTS SINGAPORE 276957

POSITION

:

DIRECTOR

DIRECTOR

DATE OF APPT

:

15/11/2000

15/11/2000

NATIONALITY

:

CANADIAN

I/C PASSPORT

:

BA298773

 

NAME

:

CHEE ENG CHUAN CHARLES

ADDRESS

:

22 WILBY ROAD #01-17 TESSARINA, THE SINGAPORE 276306

POSITION

:

DIRECTOR

DIRECTOR

DATE OF APPT

:

03/08/2007

03/08/2007

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S0035099J

 

NAME

:

TAN LI HUANG MARY LYNNE

ADDRESS

:

50 GOLDHILL AVENUE #01-02 MOUNT ROSIE GARDEN SINGAPORE 309031

POSITION

:

DIRECTOR

SECRETARY

SECRETARY

DATE OF APPT

:

13/08/1999

27/03/2000

27/03/2000

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S1654258Z

 

NAME

:

YANG ENG HUAT

ADDRESS

:

119 MARSILING RISE #06-132 SINGAPORE 730119

POSITION

:

DIRECTOR

DIRECTOR

DATE OF APPT

:

09/02/2004

09/02/2004

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S1745013A

 

 

NAME

:

CHEUNG KAM MAN

ADDRESS

:

370C ALEXANDRA ROAD #04-02 ANCHORAGE CONDOMINIUM, THE SINGAPORE 159956

POSITION

:

DIRECTOR

DIRECTOR

DATE OF APPT

:

24/08/2005

24/08/2005

NATIONALITY

:

SINGAPORE P.R.

I/C PASSPORT

:

S2683386H

 

 

KEY PERSONNEL PROFILE

 

Name:

TAN LI HUANG MARY LYNNE

NRIC Number:

S1654258Z

Available Address:

9 TEMASEK BOULEVARD #09-03 SUNTEC TOWER TWO  SINGAPORE 38989

 

 

Current Business Interest

 

No.

Name

Position

Appt Date

#of Share

%

1

AGILENT TECHNOLOGIES SINGAPORE (HOLDINGS) PTE. LTD.

SECRETARY

22/01/2008

-

-

2

AGILENT TECHNOLOGIES SINGAPORE (INTERNATIONAL) PTE. LTD.

SECRETARY

10/12/2009

-

-

3

AGILENT TECHNOLOGIES SINGAPORE (SALES) PTE. LTD.

SECRETARY

27/03/2000

-

-

4

AGILENT TECHNOLOGIES SINGAPORE PTE LTD

SECRETARY

27/03/2000

-

-

5

AGILENT TECHNOLOGIES SINGAPORE VISION OPERATION PTE LTD

SECRETARY

27/03/2000

-

-

6

AMURA CONSULTING PTE. LTD.

SECRETARY

04/07/2006

-

-

7

CNT HEALTH FOOD PTE LTD

SECRETARY

18/02/2005

-

-

8

CONSCENDO CAPITAL PTE. LTD.

SECRETARY

30/03/2007

-

-

9

IN-CORP SERVICES PTE. LTD.

DIRECTOR

31/07/2002

4

50.00

10

IN-CORP SERVICES PTE. LTD.

SECRETARY

31/07/2002

4

50.00

11

OAKS FAMILY OFFICE PTE. LTD.

SECRETARY

08/12/2003

-

-

12

OKS CAPITAL PTE. LTD.

SECRETARY

15/04/2005

-

-

13

OPIS ASSET MANAGEMENT PTE. LTD.

SECRETARY

20/08/2004

-

-

14

PACIFIC HARBOR ADVISORS PTE. LTD.

SECRETARY

26/10/2006

-

-

15

PKWA LAW PRACTICE LLC

DIRECTOR

12/02/2004

12501

25.00

16

RL GLOBAL CAPITAL PTE. LTD.

SECRETARY

12/10/2005

-

-

17

SWISS ASIA CAPITAL (SINGAPORE) PTE LTD

SECRETARY

01/07/2004

-

-

18

TOVERNE TRADING PTE LTD

SECRETARY

20/03/1996

-

-

19

WAI YUEN TONG (SINGAPORE) HEALTH FOOD PTE. LTD.

SECRETARY

01/10/2004

-

-

 

Previous Business

 

No.

Name

 

 

Status

Position

Appt Date

Last Known Inactive Date

1

AARDWOLF SUPPORT & E-ALLIANCE NETWORK PTE. LTD.

STRUCK OFF

DIRECTOR

22/05/1997

23/12/1999

2

AARDWOLF SUPPORT & E-ALLIANCE NETWORK PTE. LTD.

STRUCK OFF

SECRETARY

22/05/1997

23/12/1999

3

AGILENT TECHNOLOGIES SINGAPORE (SALES) PTE LTD

LIVE COMPANY

DIRECTOR

13/08/1999

10/09/1999

4

ALLIANCE PARTNERSHIP PTE. LTD.

STRUCK OFF

SECRETARY

01/07/2002

24/02/2006

5

AMBARVILLE INVESTMENTS PTE LTD

LIVE COMPANY

SECRETARY

20/03/1996

13/05/2008

6

ANPEX TRADING PTE LTD

STRUCK OFF

SECRETARY

20/03/1996

30/06/2010

7

AUSTRALIAN PRODUCE MARKETING PTE LIMITED

STRUCK OFF

SECRETARY

22/01/1999

24/06/2002

8

BONNE SANTE HOLDINGS PTE LTD

STRUCK OFF

DIRECTOR

21/06/1996

21/06/1996

9

CALANDRA PTE LTD

LIVE COMPANY

SECRETARY

22/02/2001

02/07/2002

10

CARTWHEEL PTE LIMITED

STRUCK OFF

SECRETARY

22/04/1999

01/03/2002

11

CASHTREE PTE LTD

STRUCK OFF

DIRECTOR

19/07/1995

19/03/1996

12

CASHTREE PTE LTD

STRUCK OFF

SECRETARY

20/03/1996

01/01/2010

13

CREATIVE CHOICE PTE LTD

STRUCK OFF

SECRETARY

31/07/1998

16/09/1999

14

DESIGNMAX PTE LTD

GAZETTED TO BE STRUCK OFF

SECRETARY

12/01/1998

08/02/1999

15

E001.COM PTE LTD

STRUCK OFF

DIRECTOR

04/02/2000

01/12/2000

16

E001.COM PTE LTD

STRUCK OFF

SECRETARY

01/05/2000

01/01/2004

17

ELITE PEST MANAGEMENT PTE LTD

LIVE COMPANY

SECRETARY

25/03/1996

31/01/2002

18

ENABLING ASIA PTE. LTD.

LIVE COMPANY

DIRECTOR

01/08/2006

01/08/2006

19

ENABLING ASIA PTE. LTD.

LIVE COMPANY

SECRETARY

01/08/2006

31/05/2010

20

EXPRESS SUCCESS PTE LTD

DISSOLVED - MEMBERS' VOLUNTARY WINDING UP

SECRETARY

08/12/1997

01/04/1998

21

HIGHFLYING INVESTMENTS PTE LTD

STRUCK OFF

DIRECTOR

19/07/1995

19/03/1996

 

22

HIGHFLYING INVESTMENTS PTE LTD

STRUCK OFF

SECRETARY

20/03/1996

01/01/2010

23

INCORPORATIONS NETWORK PTE LTD

LIVE COMPANY

SECRETARY

01/05/2000

26/09/2000

24

INFINITY VENTURES (INC) PTE LTD

STRUCK OFF

SECRETARY

01/01/2002

01/07/2004

25

INNOWEB.COM PTE LTD

STRUCK OFF

SECRETARY

01/03/2000

20/08/2001

26

KING WAI GROUP PTE LTD

LIVE COMPANY

SECRETARY

26/03/1996

01/09/2005

27

KNS GLOBAL CORPORATION PTE LTD

LIVE COMPANY

SECRETARY

01/07/2002

01/09/2005

28

LINK-TAT MARKETING (ASIA) PTE LTD

LIVE COMPANY

SECRETARY

09/04/2001

23/12/2003

29

MAIDA VALE CONSULTING GROUP PTE. LTD.

LIVE COMPANY

SECRETARY

01/03/2003

09/03/2004

30

MAMAS' LITTLE ANGELS PTE. LTD.

LIVE COMPANY

SECRETARY

01/05/2007

15/03/2010

31

MARKETINGWORKZ PTE. LTD.

STRUCK OFF

DIRECTOR

19/06/1996

19/06/1996

32

MEDIA SOLUTIONS GROUP PTE. LTD.

LIVE COMPANY

SECRETARY

08/04/2003

31/01/2007

33

MILLENEX (S) PTE LTD

LIVE COMPANY

DIRECTOR

06/05/2000

07/06/2000

34

MILLENEX (S) PTE LTD

LIVE COMPANY

SECRETARY

16/05/2000

18/01/2009

35

OBJECTIVE SYSTEMS INTEGRATORS PTE LTD

IN LIQUIDATION - MEMBERS' VOLUNTARY WINDING UP

SECRETARY

26/02/2001

20/12/2001

36

OFFICE MAINTENANCE ENTERPRISE PTE LTD

LIVE COMPANY

SECRETARY

12/04/1996

20/01/1998

37

OKS INVESTMENTS (S) PTE. LTD.

DISSOLVED - MEMBERS' VOLUNTARY WINDING UP

DIRECTOR

31/10/2002

03/03/2003

38

OKS INVESTMENTS (S) PTE. LTD.

DISSOLVED - MEMBERS' VOLUNTARY WINDING UP

SECRETARY

01/12/2002

03/04/2007

39

ORIENT TELECOMMUNICATIONS NETWORKS PTE. LTD.

IN LIQUIDATION - COMPULSORY WINDING UP (INSOLVENCY)

SECRETARY

01/07/2002

28/07/2005

40

ORMOND INTERNATIONAL PTE LTD

DISSOLVED - MEMBERS' VOLUNTARY WINDING UP

DIRECTOR

25/11/1996

04/03/1997

41

ORMOND INTERNATIONAL PTE LTD

DISSOLVED - MEMBERS' VOLUNTARY WINDING UP

SECRETARY

06/12/1996

13/02/2002

42

PACIFIC HARBOR ADVISORS PTE. LTD.

LIVE COMPANY

DIRECTOR

03/10/2006

26/10/2006

43

PADANG PROPERTY PTE LTD

STRUCK OFF

SECRETARY

08/03/2000

23/05/2001

44

PAKKO PTE. LTD.

LIVE COMPANY

SECRETARY

02/05/2000

18/02/2005

45

PB (KW) SYSTEM ASIA PTE LTD

LIVE COMPANY

SECRETARY

26/03/1996

01/09/2005

46

PEOPLE ELEMENTS PTE. LTD.

LIVE COMPANY

DIRECTOR

14/08/2003

05/11/2003

47

RICHCO INVESTMENTS PTE LTD

STRUCK OFF

DIRECTOR

19/07/1995

19/03/1996

48

RICHCO INVESTMENTS PTE LTD

STRUCK OFF

SECRETARY

20/03/1996

01/01/2010

49

SCOTIA ASIA PTE. LTD.

LIVE COMPANY

SECRETARY

01/08/2000

20/01/2006

50

SHENSTONE INVESTMENTS PTE LTD

LIVE COMPANY

SECRETARY

20/03/1996

01/12/2005

51

SINO GAS PTE LTD

LIVE COMPANY

SECRETARY

03/06/1996

26/11/1999

52

STRAITS PRECISION PTE LTD

AMALGAMATED

SECRETARY

23/12/1998

28/04/1999

53

TELEGIS NETWORKS (SINGAPORE) PTE LTD

STRUCK OFF

DIRECTOR

15/07/2000

26/01/2002

54

TELEGIS NETWORKS (SINGAPORE) PTE LTD

STRUCK OFF

SHAREHOLDER

-

-

55

THOMSON FAR EAST PTE. LTD.

STRUCK OFF

DIRECTOR

28/12/1999

07/07/2000

56

TRUSTNET (SINGAPORE) PTE LIMITED

STRUCK OFF

SECRETARY

31/03/1997

30/04/2002

57

UCI INTERNATIONAL PTE LTD

STRUCK OFF

SECRETARY

01/12/2000

11/03/2002

58

VALUAIR LIMITED

LIVE COMPANY

DIRECTOR

31/03/2003

26/05/2003

59

VALUAIR LIMITED

LIVE COMPANY

SECRETARY

20/05/2003

31/12/2004

60

VALUE MANAGEMENT PTE. LTD.

STRUCK OFF

SECRETARY

20/05/2003

24/02/2006

61

WAI YUEN TONG (SINGAPORE) HEALTH FOOD PTE. LTD.

LIVE COMPANY

DIRECTOR

30/04/2004

01/01/2008

 

Bankruptcy Record

 

Case No.

Year

Date of Filing

Petitioner Name

Amount

No Trace

 

 

 

 

 

Litigation Search – Writ of Summons

 

Court

Case No.

Year

Date of Filing

Amount

Cause Category

M

9960

2005

27/04/2005

SGD 42,168.00

-

 

 

SUBSIDIARIES AND ASSOCIATE COMPANIES

 

Company

Shareholdings (%)

VARIAN TECHNOLOGIES PTE. LTD.

100

 

                                                                                                                       

BANKERS/ FINANCIERS

 

Subject enjoys a normal banking routine with its bankers. To date, there have been 2 bank charges registered against Subject by its bankers. The charge numbers are:

 

1)

Charge No.

:

C200904361

 

Date of Registration

:

15/07/2009

 

Chargee

:

JPMORGAN CHASE BANK, N.A.

 

Address

:

168 ROBINSON ROAD #17-01 CAPITAL TOWER SINGAPORE 068912

 

2)

Charge No.

:

C200303857

 

Date of Registration

:

08/08/2003

 

Chargee

:

OVERSEA-CHINESE BANKING CORPORATION LIMITED

 

Address

:

65 CHULIA STREET #26-00 OCBC CENTRE SINGAPORE 049513

 

             

LITIGATION

 

Clear

 

 

COMPLIANCE

 

Date of Last AGM

:

31/05/2010

Date of Last AR

:

09/06/2010

Date of A/C Laid At Last AGM

:

31/10/2009

 

 

FINANCIAL HIGHLIGHTS

 

Financial Figures

Company

 

OCT 2009

OCT 2008

OCT 2007

OCT 2006

OCT 2005

Currency

U.S. DOLLAR

SGD - SIN

SGD - SIN

SGD - SIN

SGD - SIN

Profit and Loss Key Figures

 

 

 

 

 

Turnover

914,986,000

1,706,588,486

1,659,752,413

1,537,530,350

3,365,574,052

Profit/(Loss) Before Tax

6,747,000

23,171,257

(15,137,972)

28,802,801

36,349,173

Profit After Tax attributable to Shareholders

1,189,000

24,674,022

(12,131,936)

38,083,810

30,704,149

 

 

 

 

 

 

Balance Sheet Key Figures

 

 

 

 

 

Total Assets

383,091,000

612,450,509

685,071,050

628,502,641

949,923,739

Current Assets

380,703,000

609,603,831

678,738,638

624,126,596

942,388,743

Non Current Assets

2,388,000

2,846,678

6,332,412

4,376,045

7,534,996

 

 

 

 

 

 

Total Liabilities

329,300,000

477,823,013

536,263,159

460,241,940

816,983,599

Current Liabilities

305,966,000

438,678,026

494,965,083

418,288,496

769,284,642

Non Current Liabilities

23,334,000

39,144,987

41,298,076

41,953,444

47,698,957

 

 

 

 

 

 

Shareholders' Funds

53,791,000

134,627,494

148,807,891

168,260,702

132,940,140

Share Capital

46,612,000

112,069,151

7,167,422

7,589,753

7,833,673

Total Reserves

7,179,000

22,558,343

141,640,469

160,670,949

125,106,467

 

 

 

FINANCIAL RATIOS

 

 

Company

 

OCT 2009

OCT 2008

OCT 2007

OCT 2006

OCT 2005

Growth %

 

 

 

 

 

Year-on-Year Growth

NA

NA

NA

NA

NA

 

 

 

 

 

 

Profitability

 

 

 

 

 

Profit Margin (%)

0.13

1.45

NA

2.48

0.91

Return on Equity (%)

2.21

18.33

NA

22.63

23.10

Return on Assets (%)

0.31

4.03

NA

6.06

3.23

 

 

 

 

 

 

Leverage

 

 

 

 

 

Total Debt/Equity (Times)

6.12

3.55

3.60

2.74

6.15

Current Debt/Equity (Times)

5.69

3.26

3.33

2.49

5.79

Long Term Debt To Equity (Times)

0.43

0.29

0.28

0.25

0.36

Total Asset To Total Equity (Times)

7.12

4.55

4.60

3.74

7.15

 

 

 

 

 

 

Asset Management

 

 

 

 

 

Total Assets Turnover (Times)

2.39

2.79

2.42

2.45

3.54

Fixed Assets Turnover (Times)

383.16

599.50

262.10

351.35

446.66

 

 

 

 

 

 

Liquidity

 

 

 

 

 

Current Ratio (Times)

1.24

1.39

1.37

1.49

1.23

 

 

Profitability

The company yielded a rate of net profit on sales of 0.13 per cent in FY09. The company is now able to book in U.S. DOLLAR 0.00 of profit for every U.S. DOLLAR of sales.

 

Liquidity

 

 

Current ratio stood at 1.24 times in FY09. This means that the company has U.S. DOLLAR 1.24 of current assets for every U.S. DOLLAR of current liability incurred.

 

A minimum figure of 1.0 would be considered the lowest limit that this figure should reach. Any business that has a current ratio near 1.0 may be heading for liquidity problems, and would need to be closely monitored. A figure greater than 2.0 would be more desirable, to act as a buffer against any short-term liquidity problems, and give creditors/bank managers a degree of comfort when granting credit/finance.

 

Leverage

 

Total debt-to-equity ratio notched at 6.12 times in FY09. This means that the company requires additional external financing of U.S. DOLLAR 6.12 for every U.S. DOLLAR injected into its operations.

 

Generally, a total debt-to-equity ratio of less than 0.5 times is preferred. The ratio measures the proportion of the company's reliance on external debt for financing, relative to the shareholder's fund. A lower ratio would imply a greater financial safety and operating freedom for the company.

 

 

Efficiency Ratio

 

 

Return on equity was 2.21 per cent for Subject in the current financial period. The return on equity measures the return earned on the owner's investment.  Generally, the higher this return, the better off the owner.

 

Return on assets stood at 0.31 per cent. The return on asset measures the overall effectiveness of management in generating profit with its available assets.

 

Total assets turnover ratio logged at 2.39 times in FY09. This ratio measures the company's ability to make productive use of its total assets to generate sales which reflects the efficiency of the management in utilising its resources.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.68

UK Pound

1

Rs.72.56

Euro

1

Rs.63.53

 

 

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

Capability to overcome financial difficulties seems comparatively below average.

 

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

 

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.