MIRA
INFORM REPORT
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Report Date : |
08.12.2011 |
IDENTIFICATION DETAILS
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Name : |
TAIWAN AUTO PLASTIC ENGINEERING & SOURCING LLC |
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Registered Office : |
3F.-3, No.63, Wunhua Rd., Danshui Dist., New Taipei City 251 |
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Country : |
Taiwan |
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Date of Incorporation : |
23.06.2008 |
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Com. Reg. No.: |
29116629 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Importing, exporting, and processing of Automobile, transformation, etc. |
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No. of Employees : |
About 6 Employees. |
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 6,000 |
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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
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Taiwan |
A2 |
A2 |
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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: |
Taiwan Auto Plastic Engineering & Sourcing LLC |
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Supplied Name: |
Taiwan Auto Plastic Engineering & Sourcing LLC |
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Trading Address: |
3F.-3, No.63, Wunhua Rd., Danshui Dist., New Taipei City 251, Taiwan
(R.O.C.) |
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Supplied Address: |
3F-3 No. 63 Wunhua Road Danshuei District New Taipei City Taiwan |
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Telephone Number: |
+886-2-26291866 , +886-2-8285-0115 |
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Fax Number: |
+886-02-85317612 |
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E-mail: |
Notes:
The supplied address is inaccurate; the accurate one is shown as above.
The supplied telephone number ‘+886-2-26291866’ belongs to the subject’s
manager’s family house. From the other sources, we found another telephone
number ‘+886-2-8285-0115’, which belongs to the subject.
Credit Summary
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Credit Rating: |
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Credit Opinion: |
Company Identification Details
History
Subject was incorporated on 2008-06-23 with registered
number 29116629 as Limited
Liability Company in Taiwan.
Shareholders
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Name |
Subscription Amount |
|
Shaosheng Chen |
1,000,000 |
Subsidiaries & Branches
Another Office
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Name: |
Taiwan Auto Plastic Engineering & Sourcing LLC |
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Address: |
No.63,Zhongzheng Rd.,185 Street, Luzhou Dist., New Taipei, Taiwan
(R.O.C.) |
Personnel Information
Core
Management
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Name |
Shaosheng Chen |
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Position |
Director |
Operation Information
Offices
& Factories
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|
Headquarters |
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Address |
3F.-3, No.63, Wunhua Rd., Danshui Dist., New Taipei City 251, Taiwan
(R.O.C.) |
Production
Information
l
Subject is an importer, exporter and manufacture
of automobile and equipment,
transformation and production of car, etc.
Purchase
Information
l
The registered activities of subject:
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Business Code |
Details |
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ZZ99999 |
In addition to the business license, the
prohibited or restricted business law of the business |
l
The components and material for production are
purchased both from domestic and overseas market.
l
The subject is an importer, exporter and
manufacture of automobile and
equipment, and transformation and production of car, etc.
l
The subject sells the
products both to the domestic and overseas market.
Import and export
right:
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Import right |
Yes |
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Export right |
Yes |
Settlements
Purchase
Domestic Purchase
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Payment Terms |
Proportion |
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Car equipment, production of car, etc. |
COD, Credit Sales, etc |
100% |
Foreign Purchase
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Payment Terms |
Proportion |
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Car equipment, production of car, etc. |
CBD, etc |
100% |
Sales
Domestic Markets
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Sales Terms |
Proportion |
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Car equipment, production of car, etc. |
COD, etc |
100% |
Export
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Sales Terms |
Proportion |
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Car equipment, production of car, etc. |
L/C, etc |
100% |
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 Mr. Chen declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
Bankers
Subject did not introduce its bank details; from
other source we cannot obtain the relevant information, either.
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
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Name |
Mr. Chen |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.51.45 |
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|
1 |
Rs.80.38 |
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Euro |
1 |
Rs.69.12 |
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 |
-- |
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.