MIRA INFORM REPORT

 

 

Report Date :           

22.08.2011

 

IDENTIFICATION DETAILS

 

Name :

SOLITAIRE INTERNATIONAL CO., LTD.

 

 

Registered Office :

3f., No.222, Sec. 4, Zhongxiao E. Rd., Da-An Dist., Taipei City 106

 

 

Country :

Taiwan

 

 

Date of Incorporation :

19.04.2010

 

 

Com. Reg. No.:

25121184

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale of jewelry accessories and precious metals, etc.

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

USD 10,000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct 

 

 

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

 

 Bottom of Form

Contact Points

 

Company Name:

Solitaire International Co., Ltd.

Supplied Name:

Solitaire International Co Ltd.

Trading Address:

3f., No.222, Sec. 4, Zhongxiao E. Rd., Da-An Dist., Taipei City 106, Taiwan (R.O.C.)

Supplied Address:

3F, nO. 222, Sec-4, Zhongxiaoe Road, TW

Telephone Number:

+886 2-2703-4466

Fax Number:

+886 2-27098364

Notes:

The supplied address is incomplete, and the exact name is as above.

 

 

Credit Summary

 

Credit Rating:

Maximum credit USD 10,000

Credit Opinion:

Business connections are permissible.

 

 

Special Note

 

According to the supplied name and address, we found a telephone number (+886 2-2703-4466), and we contacted to the subject. The staff of subject named Raina responded the telephone and stated that she wouldn’t disclose any information about the subject unless we told her the customer’s name and her boss gives the approval to disclose the information. And she just confirmed the name and the address of the subject.

The registration files show that subject is engaged in wholesaling of jewelry accessories and precious metals, etc since we did not get in touch with subject, we can not confirm the information.

We found subject’s registration information as follows for reference.

 

 

Company Identification Details

 

Registered Name:

Solitaire International Co., Ltd.

Registered Address:

3f., No.222, Sec. 4, Zhongxiao E. Rd., Da-An Dist., Taipei City 106, Taiwan (R.O.C.)

Date of Foundation:

2010-4-19

Registration Number:

25121184

Registry:

Taipei Government

Registered Capital:

NTD 500,000 (USD 16,931.4 )

(As of 2011.08, 1 NTD = 0.03386USD)

Legal Representatives:

Nate Ya

Legal Form:

Limited Liability Company

Principal Activities:

Wholesale of jewelry accessories and precious metals, etc.

Staff:

N/A

Listed at Stock Exchange:

No

Date of Last Annual Return:

N/A

Note:

The staff number is not available from the subject or other sources.

 

 

History

 

Subject was incorporated on 2010-4-19 with registered number 25121184 as Limited Liability Company in Taiwan.

 

 

Shareholders

 

(Unit: NTD)

           

Name

Subscription Amount

Nate Ya

500,000
 

The information above is that of subject’s major shareholders.

 

 

Subsidiaries & Branches

 

Subject did not register any subsidiaries or branches, from other source we can not obtain the relevant information, either.

Personnel Information

 

Core Management

Directors

Name

Nate Ya

Position

Director

 

 

Operation Information

 

Offices & Factories

 

Headquarters

Add

3f., No.222, Sec. 4, Zhongxiao E. Rd., Da-An Dist., Taipei City 106, Taiwan (R.O.C.)

Operation Information

We contacted the subject unsuccessfully.

We obtained the registered activities of the subject as follows for reference.

l         The registered activities of subject:

Business Code

Details

F115010

Wholesale of jewelry accessories and precious metals

F115020

Wholesale of ores

F215010

Retails of jewelry accessories and precious metals

F215020

Retails of ores

F401010

Trading of international

 

Import and export right:

Import right

Yes

Export right

Yes

 

Settlements

 

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.

Subject’s relevant staff Ms. Raina declined to disclose its financials citing the grounds of company’s confidentiality; from other source we can not obtain the relevant information, either.

 

 

Bankers

 

The bankers’ information is not available from the subject or other sources.

 

 

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

Ms. Raina

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.61

UK Pound

1

Rs.75.32

Euro

1

Rs.65.68

 

 

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%)

 

 

 

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.