MIRA INFORM
REPORT
|
Report Date : |
16.08.2011 |
IDENTIFICATION DETAILS
|
Name : |
CREDWELL TECHNOLOGY CO., LTD. |
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|
|
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Registered Office : |
1F., No.18, Alley
1, Lane 341, Sec.3, Mingjhih Rd., Taishan Dist., New Taipei City 243 |
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Country : |
Taiwan |
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Date of Incorporation : |
29.07.2005 |
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Com. Reg. No.: |
27856295 |
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Legal Form : |
Private Limited
Liability Company |
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|
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Line of Business : |
Sales of raw
materials of raw materials of blank video disc such as stamper dye |
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 : |
USD 80,000 |
|
Status : |
Moderate |
|
Payment
Behaviour : |
No Complaints |
|
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) |
|
Taiwan |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Contact
Points
Credit
Summary
|
Credit Rating: |
|
|
Credit Opinion: |
|
|
Risk Score: |
275 Points |
|
Risk Analysis: |
Average
creditworthiness |
Company
Identification Details
|
Registered Name: |
Credwell
Technology Co., Ltd. |
|
Registered
Address: |
|
|
Date of Foundation: |
|
|
Registration
Number: |
|
|
Registry: |
New Taipei City
Government |
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Registered
Capital: |
(As of 2011.08, 1
NTD = 0.0346 USD) |
|
Legal
Representatives: |
|
|
Legal Form: |
|
|
Principal
Activities: |
Sales of raw materials of raw
materials of blank video disc such as stamper dye |
|
Staff: |
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|
Listed at Stock Exchange: |
|
|
Date of Last Annual Return: |
History
Subject was incorporated on 2005-7-29 with registered number 27856295
as Private Limited Liability Company in Taiwan.
Shareholders
|
Name |
Subscription
Amount |
|
1,100,000 |
Subsidiaries &
Branches
Personnel
Information
Core Management
|
1 |
|
|
Name |
|
|
Position |
Director |
Personnel Structure
|
Total Employees |
More than 10 Employees |
Operation
Information
Offices & Factories
|
|
Headquarters
|
|
Add |
|
Production Information
l
Subject
produces raw materials of raw
materials of blank video disc such as stamper dye.
l
The
subject produces in domestic markets.
Purchase Information
l
The
components and raw material for production are
mostly purchased from domestic markets.
l
The
subject is mainly engaged in sales of raw materials of blank video disc such as stamper
dye.
l
The
subject sells products around the world.
Import and export right:
|
Import
right |
Yes |
|
Export
right |
Yes |
Settlements
Purchase
Domestic
Purchase (Taiwan and Mainland, China)
|
Payment
Terms |
Proportion |
|
|
Raw material |
COD,
etc |
100% |
Foreign
Purchase
Sales
Domestic
Markets (Taiwan)
|
Sales
Terms |
Proportion |
|
|
CBD,
etc |
100% |
Export
|
Sales
Terms |
Proportion |
|
|
Raw materials of blank video disc such as stamper
dye |
CBD,
etc |
100% |
Financial
Information
|
Year |
Sales |
|
2010 |
About
USD 8,000,000 |
Notes: The information is from introduction.
Bankers
|
Name |
Taiwan
Bank |
Public
Record
Mortgage
No chattel mortgage
record of subject has been found within the recent 3 months.
Lawsuit
Up to date of reporting, no existing or
latent litigation of the subject has been found.
Interview
Details
|
Name |
Mr. Chen |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.37 |
|
UK Pound |
1 |
Rs.73.53 |
|
Euro |
1 |
Rs.64.37 |
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 |
|
---- |
NB |
New Business |
---- |
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.