MIRA INFORM REPORT
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Report Date : |
09.12.2011 |
IDENTIFICATION DETAILS
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Name : |
RED DIAM CO., LTD. |
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Registered Office : |
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Country : |
Taiwan |
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Date of Incorporation : |
23.03.2011 |
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Com. Reg. No.: |
53322563 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Wholesale and retail of accessories and precious metals |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Poor |
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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 – September 30th, 2011
|
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: |
Red Diam Co., Ltd. |
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Supplied Name: |
Red Diam Co Ltd. |
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Supplied Address: |
13 Floor No. 368,
Sec 1, Fuxing South Road, Daan Dist., Taipei City 10656 |
Credit
Summary
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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
Note
According to the
supplied name and address, we obtained a telephone number (+886 2-27009547),
but there’s nobody answered the phone. And from other sources, we couldn’t obtain the contact methods of
subject.
The registration files show that subject is engaged
in wholesaling and retailing of accessories, 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: |
Red Diam Co.,
Ltd. |
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Registered
Address: |
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Date of
Foundation: |
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Registration
Number: |
53322563 |
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Registry: |
Taipei City
Government |
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Registered
Capital: |
(As of 2011.12, 1
NTD = 0.03295 USD) |
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Legal
Representatives: |
Xuhua Wei |
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Legal Form: |
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Principal
Activities: |
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Staff: |
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Listed at Stock Exchange: |
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Date of Last Annual Return: |
The staff number is not available from the subject or other sources.
History
Subject was incorporated on
Shareholders
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Name |
Subscription
Amount |
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Xuhua
Wei |
500,000 |
The information above is that of subject’s major shareholders.
Subsidiaries &
Branches
Personnel
Information
Core Management
|
Name |
Xuhua Wei |
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Position |
Director |
Operation
Information
Offices & Factories
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Headquarters
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|
Add |
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Operational Information
We contacted the
subject unsuccessfully.
We obtained the
registered activities of the subject as follows for reference.
|
Business Code |
Details
|
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F115010 |
Wholesale
of accessories and precious metal |
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F115020 |
Wholesale
of ore |
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F215010
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Retail
of accessories and precious metal |
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F215020 |
Retail
of ore |
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F401010 |
International
Trade |
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Import
right |
Yes |
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Export
right |
Yes |
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.
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.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.78 |
|
UK Pound |
1 |
Rs.81.32 |
|
Euro |
1 |
Rs.69.42 |
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.