MIRA INFORM REPORT
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Report Date : |
05.08.2011 |
IDENTIFICATION DETAILS
|
Name : |
GRASS VALLEY SINGAPORE PTE. LTD. |
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Registered Office : |
8 Jurong Town Hall Road #29-05/06 Jtc Summit, The Singapore 609434 |
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Country : |
Singapore |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
27.07.2009 |
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Com. Reg. No.: |
200913574D |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Supplying the tools, software, and service to help companies deploy
the most advanced technology and grow their businesses. |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 10,000 |
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Status : |
Moderate |
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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
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Singapore |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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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8, Jurong Town Hall Road #29-05/06 The JTC Summit , Singapore 609434,
Singapore |
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Supplied
Address: |
8 Jurong Town Hall Road #29-05 /06 The JTC Summit 609434, SG |
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Fax Number: |
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Credit
Summary
|
Credit Rating: |
|
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Credit Opinion: |
Company
Identification Details
|
Registered Name: |
|
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Registered
Address: |
8 Jurong Town Hall Road #29-05/06 Jtc Summit, The Singapore 609434,
Singapore |
|
Date of
Registration:: |
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Registered
Number: |
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Country of Incorporation: |
Singapore |
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Registered
Capital: |
SGD 1,000,001 (USD 818300.8183) (As of 2011.08,
1 SGD = 0.8183 USD) |
|
Paid-up Capital: |
SGD 1,000,001 (USD 818300.8183) = 1,000,001 Shares@ 1 SGD |
|
Legal Form: |
Private Limited
Liability Company |
|
Principal
Activities: |
Supplying the
tools, software, and service to help companies deploy the most advanced
technology and grow their businesses. |
|
N/A |
|
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No. |
|
Date of Last
Annual Return: |
|
The staff number
is not available from the subject or other sources.
History
Subject was incorporated on
Shareholders
Unit: SGD
|
Subscription Amount |
Proportion of Investment (%) |
|
|
100% |
||
|
Total |
1,000,001 |
100% |
Major Shareholder
Information:
|
1 |
|
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Name: |
Gvbb Netherlands
B.V. |
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Value: |
SGD 1,000,001 |
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ID Number: |
T10UF4131E |
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Address: |
Dam 7, 1012 JS
Amsterdam The Netherlands |
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Nationality: |
Netherlands |
Subsidiaries &
Branches
Parent Company:
|
Name: |
Grass Valley |
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Registered
Address: |
400 Providence Mine
Road, Nevada City, CA 95959, United States of America |
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Activities: |
+1 530 478 3000 |
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Email: |
+1 530 478 3166 |
Manage
Information
Detailed
Information of Management:
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1 |
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Name: |
Jeffrey James
Rosica |
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Position: |
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ID Number: |
216655221 |
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Address: |
8937 Rangely
Avenue W. Hollywood, CA 90048, U.S.A |
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Nationality: |
American |
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Date of
Appointment: |
|
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2 |
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Name: |
Andrzej Mikolaj
Sedek |
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Position: |
Director |
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ID Number: |
G5036562Q |
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Address: |
8 Jurong Town
Hall Road #29-05/06 Jtc Summit, Singapore 609434 |
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Nationality: |
Australian |
|
Date of
Appointment: |
|
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3 |
|
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Name: |
Low Siew Tian |
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Position: |
Secretary |
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ID Number: |
S |
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Address: |
453 Tampines Street
42 #11-204 Singapore 520453 |
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Nationality: |
Singapore P.R. |
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Date of
Appointment: |
|
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4 |
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Name: |
Tan Ping Ping |
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Position: |
Secretary |
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ID Number: |
S7484709I |
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Address: |
112 Lengkong
Tiga #11-219 Singapore 410112 |
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Nationality: |
Singapore P.R. |
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Date of
Appointment: |
|
Operation
Information
Offices
& Factories
|
|
Office |
|
Address: |
8, Jurong Town Hall Road #29-05/06 The JTC
Summit , Singapore 609434, Singapore |
Sales
Information
l
Subject is mainly involved in supplying the tools,
software, and service to help companies deploy the most advanced technology and
grow their businesses.
l
Subject introduced that it has over 3,000 active
broadcast customers, and many professional users generating content using its
tools.
l
And the products of the subject include LDK Cameras
• Accessories and Transmission Systems • Robotic Cameras.
l
Subject’s selling territory is mainly in Asia.
l
According to the introduction of subject, it has more
than over 20 affiliated companies located at all over the world.
Settlements
Purchase
Subject seldom
purchases.
The information on settlements is not available from the subject or
other sources.
Balance
Sheet
|
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|
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Total Assets |
1,181,652.00 |
- |
- |
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Total Current Assets |
992,638.00 |
- |
- |
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Total Non-Current Assets f.k.a. [Fixed And Others] |
189,014.00 |
- |
- |
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Total Liabilities |
180,881.00 |
- |
- |
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Total Current Liabilities |
180,881.00 |
- |
- |
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Total Non-Current Liabilities |
0.00 |
- |
- |
|
Total Equity f.k.a [Shareholder's Funds] |
1,000,771.00 |
- |
- |
|
Paid-Up Capital |
- |
- |
- |
|
Share Capital |
1,000,001.00 |
- |
- |
|
Other Reserves, Total f.k.a. [Reserves] |
0.00 |
- |
- |
|
Retained Earnings/(Accumulated Loss) |
770.00 |
- |
- |
Profit/Loss
Account
Unit: SGD
Financial
Ratio
|
|
2009 |
2008 |
2007 |
|
Earning Capacity |
|
|
|
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Rate of Net Profit on Sales (%) |
0.00 |
- |
- |
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Return of Investment (%) |
0.07 |
- |
- |
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Return of Shareholder's Funds (%) |
0.08 |
- |
- |
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Total Assets Turnover (%) |
0.00 |
- |
- |
|
Financial Stability |
|
|
|
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Current/Working Capital Ratio (%) |
5.49 |
- |
- |
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Proprietary Ratio (%) |
84.69 |
- |
- |
|
Total Debt to Equity Ratio (%) |
15.31 |
- |
- |
Bankers
Subject declined to disclose any information on Bankers, and we couldn’t
obtain the information from other sources.
Interview
Details
|
Name: |
Ms Wong |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.42 |
|
UK Pound |
1 |
Rs.72.70 |
|
Euro |
1 |
Rs.63.55 |
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 |
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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.