MIRA
INFORM REPORT
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Report Date : |
05.12.2011 |
IDENTIFICATION DETAILS
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Name : |
MAPTRASCO |
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Registered Office : |
1 North Bridge Road, #24-08, High Street Centre Singapore 179094 |
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Country : |
Singapore |
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Date of Incorporation : |
19.07.1996 |
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Com. Reg. No.: |
52826215K |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
General wholesale trade (including general importers and exporters). |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 5,000 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
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: |
Maptrasco |
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Supplied Name: |
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1 North Bridge Road, #24-08, High Street Centre Singapore 179094 |
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Supplied
Address: |
1 North Bridge Road, Hex24-08 High Street Centre Singapore 179094 |
Credit Summary
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Credit Rating: |
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Credit Opinion: |
Special Note
According to the supplied name and address, we obtained a
telephone number (+65-6883-0577), and we contacted the subject, and a man answered
the phone, and he just confirmed the name and the address of subject and the
products, but when we wanted to know more information, he hung me up.
The registration
files show that subject is engaged in General wholesale trade (including
general importers and exporters), 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
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Registered Name: |
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Registered Address: |
1 North Bridge Road, #24-08, High Street Centre Singapore 179094 |
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Date of
Foundation: |
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Date of
Registration:: |
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Registered
Number: |
52826215K |
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Country of
Incorporation: |
Singapore |
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Registered
Capital: |
N/A |
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Legal Form: |
Sole
Proprietorship |
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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 |
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Listed at Stock
Exchange: |
No. |
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Date of Last
Annual Return: |
N/A |
Registered Capital is not provided with the registration information
for Sole
Proprietorship. And from subject we
couldn’t obtain any information about capital, either.
The staff number is not available from subject or other sources.
History
Subject was incorporated on
Owner
|
Khaitan International Pte Ltd |
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Proportion of
Investment (%) |
100% |
Owner Information:
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Name: |
Khaitan International Pte Ltd |
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ID Number: |
198500476H |
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Address: |
1 North Bridge Road #24-08 High Street Centre
Singapore 179094 |
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Date of Change of Address: |
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Place of Origin: |
Singapore |
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Date of Appointment: |
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Subsidiaries & Branches
Parent Company:
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Name: |
Khaitan International Pte Ltd |
From other
sources, we obtained that Khaitan International Pte Ltd is the parent company
of subject, but subject declined to confirm the information about its parent
company.
Manage Information
Detailed
Information of Management:
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Name: |
PAWAN KUMAR KHAITAN |
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Position: |
Director |
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ID Number: |
S2675467D |
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Address: |
24 Fernwood Terrace #04-01 Singapore 458554 |
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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 |
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Address: |
1 North Bridge Road, #24-08, High Street Centre Singapore 179094 |
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). |
And as we knew, the
subject is mainly involved in trading of textile, silk, and so on. And subject
confirmed this information.
Settlements
We couldn’t
contact the subject successfully, and the settlement information is not
available from the subject or other sources.
Financial Information
Subject declined to disclose any financial information, and from other
sources, we couldn't obtain any information, either.
Bankers
The bankers' information is not available from the subject or other
sources.
Interview Details
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Name: |
N/A |
Note:
A man declined to disclose his name.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.35 |
|
|
1 |
Rs.80.50 |
|
Euro |
1 |
Rs.69.14 |
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 |
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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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.