MIRA
INFORM REPORT
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Report Date : |
10.08.2011 |
IDENTIFICATION DETAILS
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Name : |
ATLANTIC INDUSTRIAL & TRADING PTE. LTD. |
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Registered Office : |
1 Raffles Place #44-02 One Raffles Place Singapore 048616 |
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Country : |
Singapore |
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Date of Incorporation : |
10.03.2011 |
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Com. Reg. No.: |
201105859G |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
General wholesale trade (including general importers and exporters) |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
-- |
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) |
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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: |
Atlantic
Industrial & Trading Pte. Ltd. |
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Supplied Name: |
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Supplied
Address: |
8 EU Tong Sen Street #22-82 The Central Singapore 059818, Singapore |
Credit Summary
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Credit Rating: |
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Credit Opinion: |
Since the subject is a newly established company, the future development
remains to be seen. At this stage credits require securities. |
Special Notes
According to the supplied name and address, we couldn’t find any information on telephone number, fax number and E-mail, and if you can supply a photocopy of subject's letterhead, a current telephone or fax number for the company, we shall be pleased to have the investigation resumed.
The registration files show that subject is engaged in importing & exporting of construction plant and machineries, since we did not get in touch with subject, we cannot confirm the information.
We found subject’s registration information as follows for reference.
Company Identification Details
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Registered Name: |
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Registered
Address: |
1 Raffles Place #44-02 One Raffles Place Singapore 048616, Singapore |
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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: |
SGD 50,000.00
(USD 41,244.6) (As of 2011.07, 1
SGD = 0.82489 USD) |
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Paid-up Capital: |
SGD 50,000.00
(USD 41,244.6)= 50,000 Shares@1 SGD |
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Legal Form: |
Private Limited
Liability Company |
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Principal
Activities: |
46900 General
wholesale trade (including general importers and exporters) |
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N/A |
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No. |
The staff number
is not available from the subject or other sources.
History
Subject was incorporated on
Shareholders
|
Subscription
Amount |
Proportion of
Investment (%) |
|
|
JIJO JOHN |
49,998 |
99.996 |
|
ARTEMIS ENTERPRISES LTD |
1 |
0.002 |
|
JOY OVERSEAS LTD |
1 |
0.002 |
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Total |
50,000 |
100 |
Major Shareholder
Information:
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1 |
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Name: |
JIJO JOHN |
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ID Number: |
G9520394 |
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Address: |
Mig-B/2 Sonagiri Po Piplani, Bhopal Mp India |
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Nationality: |
Indian |
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2 |
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Name: |
ARTEMIS ENTERPRISES LTD |
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Registered Number: |
T10UF |
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Address: |
Withfield Tower Third Floor, 4792 Coney Drive,
P.O. Box 1777, Belize City, Belize |
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3 |
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Name: |
JOY OVERSEAS LTD |
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Registered Number: |
T11UF |
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Address: |
Withfield Tower Third Floor, 4792 Coney Drive,
P.O. Box 177, Belize City, Belize |
Subsidiaries & Branches
Subject did not register any subsidiaries or branches, from other source we
can not obtain the relevant information, either.
Manage Information
Detailed
Information of Management:
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1 |
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Name: |
JIJO JOHN |
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Position: |
Director |
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ID Number: |
G9520394 |
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Address: |
Mig-B/2 Sonagiri Po Piplani, Bhopal Mp India |
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Nationality: |
Indian |
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Date of Appointment: |
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2 |
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Name: |
JANICE GOH AH GEK |
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ID Number: |
S7405622I |
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Address: |
32 Holland Close #03-108 Singapore 270032 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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3 |
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Name: |
CHIA EE LIANG |
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Position: |
Secretary |
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ID Number: |
S7528067Z |
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Address: |
4 Robinson Road #08-01 House Of Eden, The
Singapore 048543 |
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Nationality: |
Singapore citizen |
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Date of Appointment: |
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Operation Information
Offices
& Factories
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|
Office |
|
Address: |
1 Raffles Place #44-02 One Raffles Place Singapore 048616, Singapore |
Operation
Information
We contacted the subject unsuccessfully.
We obtained the registered activities of the subject as follows for
reference.
|
Business Code |
Details |
|
46900 |
General wholesale
trade (including general importers and exporters) |
Settlements
We couldn’t
contact the subject successfully, and the settlement information is not
available from the subject or other sources.
Financial Information
Subject has no obligations to disclose its
financial statements to the third party according to the relevant policy in
Taiwan and the only source from which we can obtain the information is the
subject itself.
And we couldn’t contact the subject successfully; the financial
information is not available from the subject.
Bankers
The bankers’
information is not available from the subject or other sources.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.17 |
|
|
1 |
Rs.73.72 |
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Euro |
1 |
Rs.64.26 |
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.