MIRA INFORM
REPORT
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Report Date : |
05.08.2011 |
IDENTIFICATION DETAILS
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Name : |
FOUNTAINHEAD GLOBAL PTE. LTD. |
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Registered Office : |
5 Coleman Street #02-17 Excelsior Hotel Singapore 179805 |
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Country : |
Singapore |
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Date of Incorporation : |
22.07.2010 |
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Com. Reg. No.: |
201015543Z |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
---- |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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---- |
NB |
New Business |
---- |
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Status : |
New Company |
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Payment
Behaviour : |
Unknown |
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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 – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Singapore |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Contact Points
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Company Name: |
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Supplied Name: |
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Supplied
Address: |
Credit
Summary
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Credit Opinion: |
Since we did not get contact with subject, subject’s operation information
is not confirmed, thus we did not give the credit rating at this stage. |
Special
Notes
We did not find
any contact information of subject according to the supplied name or the
supplied address.
Up to the date of reporting,
we did not get contact with subject, if you kindly supply contact information
of subject, we’d like to continue our investigation.
We found the
registered information of subject from local registry, supplying as follows for
reference.
Company Identification
Details
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Registered Name: |
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Registered
Address: |
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Date of
Registration:: |
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Registered
Number: |
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Country of Incorporation: |
Singapore |
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Registered
Capital: |
(As of 2011.08,
1 SGD = 0.8303 USD) |
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Paid-up Capital: |
SGD 1,000 (USD
830.3) = 1,000 Shares@1 SGD |
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Legal Form: |
Private Limited
Liability Company |
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No |
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Date of Last
Annual Return: |
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Notes:
We
obtain the staff number of subject from public files which is not confirmed by
subject.
History
Subject was incorporated on
Shareholders
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Subscription Amount |
Proportion of Investment (%) |
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100% |
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Total |
1,000 |
100% |
Major Shareholder
Information:
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1 |
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Name: |
Rachit Suresh
Gangar |
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Value: |
SGD 1,000 |
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ID Number: |
G4723353 |
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Address: |
301/248, Leela
Baug, Telang Rd, Matunga Cr, Mumbai 400019 |
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Nationality: |
Indian |
Subsidiaries &
Branches
Manage
Information
Detailed
Information of Management:
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1 |
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Name: |
Rachit Suresh
Gangar |
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Position: |
Director |
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ID Number: |
G4723353 |
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Address: |
301/248, Leela
Baug, Telang Rd, Matunga Cr, Mumbai 400019 |
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Date of Change of Address: |
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Nationality: |
Indian |
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Date of Appointment: |
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2 |
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Name: |
Basheer Ahmad
S/O Abdul Ravoof |
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Position: |
Secretary |
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ID Number: |
S |
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Address: |
5 Coleman Street
#02-17 Excelsior Hotel Singapore 179805 |
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Nationality: |
Singapore
Citizen |
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Date of Appointment: |
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3 |
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Name: |
Anverdeen Nasira
Begum |
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Position: |
Director |
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ID Number: |
S7471407B |
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Address: |
2 Hougang Street
92 #15-02 Regentville Singapore 538683 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
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Financial
Figures
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Year |
Sales |
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2010 |
About USD 2,000,000 |
Notes: The information is from public files, while
it is not confirmed by subject.
Bankers
Since we did not find the subject; from other source we can not obtain
the relevant information, either.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.42 |
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UK Pound |
1 |
Rs.72.70 |
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Euro |
1 |
Rs.63.55 |
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 |
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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---- |
NB |
New Business |
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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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.