MIRA
INFORM REPORT
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Report Date : |
13.12.2011 |
IDENTIFICATION DETAILS
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Name : |
RICH HOUSE INT'L CO., LTD. |
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Registered Office : |
No.53, Ln. 150, Sec. 1, Jiuzong Rd., Neihu Dist., Taipei City 11494 |
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Country : |
Taiwan |
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Date of Incorporation : |
19.08.2005 |
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Com. Reg. No.: |
27760806 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Trade of furniture, etc. |
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No. of Employees : |
About 20 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 20,000 |
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Status : |
Moderate |
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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) |
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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: |
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Supplied Name: |
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Trading Address: |
No.53, Ln. 150, Sec. 1, Jiuzong Rd., Neihu
Dist., Taipei City 11494, Taiwan (R.O.C.) |
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Supplied Address: |
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Telephone Number: |
+886-2-27551188 |
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Fax Number: |
Notes:
The exact subject name and address are as above mentioned.
Credit Summary
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Credit Rating: |
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Credit Opinion: |
Company Identification Details
History
Subject was incorporated on 2005-8-19 with registered
number 27760806 as Joint Stock Company in Taiwan.
Shareholders
|
Name |
Subscription Shares |
|
Ziqi Fu |
1,122,000 |
|
Junzhi Jian |
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154,000 |
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Dingling Huang |
660,000 |
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Yunxin Fu |
154,000 |
The information
above is that of subject’s major shareholders.
Subsidiaries & Branches
Personnel Information
Core
Management
Directors
|
1 |
|
|
Name |
Ziqi Fu |
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Position |
Chairman |
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2 |
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Name |
Junzhi Jian |
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Position |
Director |
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3 |
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Name |
Dingling Huang |
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Position |
Director |
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4 |
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Name |
Yunxin Fu |
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Position |
Director |
Personnel
Structure
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Total Employees |
About 20 employees |
Operation Information
Offices
& Factories
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|
Headquarters |
|
Add |
No.53, Ln. 150, Sec. 1, Jiuzong Rd., Neihu Dist., Taipei City 11494,
Taiwan (R.O.C.) |
Production
Information
l
Subject is a trader of furniture, etc. without any production activities.
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
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F401010 |
International trade |
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F105050 |
Wholesaling of furniture, bedding, cooker, decorations,
etc. |
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ZZ99999 |
Besides licensed
business, all other business items those are not banned or restricted. |
l
The furniture is purchased from America.
l
The subject has a
proportion of 100% for Import
l
The subject is mainly engaged in sales of
furniture.
l
Subject can also provide designs of furniture for
customers.
l
Subject’s selling territory is mainly local
markets.
l
The subject has a little
proportion for export.
Import and export
right:
|
Import right |
Yes |
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Export right |
Yes |
Settlements
Purchase
Domestic Purchase
Notes: Subject seldom purchases from domestic
markets.
Foreign Purchase
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Payment Terms |
Proportion |
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Furniture |
CBD, etc. |
100% |
Sales
Domestic Markets
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Sales Terms |
Proportion |
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Furniture |
COD, CBD, etc. |
100% |
Export
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Sales Terms |
Proportion |
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Furniture |
CBD, 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 Ms. You declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
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
|
Name |
Ms. You |
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E-mail |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.42 |
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|
1 |
Rs.81.92 |
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Euro |
1 |
Rs.69.94 |
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.