MIRA INFORM REPORT

 

 

Report Date :           

13.12.2011

 

IDENTIFICATION DETAILS

 

Name :

WINHIGH ENTERPRISE

 

 

Registered Office :

1421 A. Mabini Street, Ermita 1000, Manila

 

 

Country :

Philippines

 

 

Date of Incorporation :

30.11.2010

 

 

Com. Reg. No.:

01226498

 

 

Legal Form :

Sole Proprietorship

 

 

Line of Business :

Not Available

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New Company

 

 

Payment Behaviour :

Unknown

 

 

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 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Philippines

b1

b1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company Details

 

Company Name:

WINHIGH ENTERPRISE

Supplied Name:

Winhigh Enterprises

Trading Address:

1421 A. Mabini Street, Ermita 1000, Manila, Philippines

Supplied Address:

1421 A.Mabini St.,Ermita Manila, Philippines

 

Note:

The name you supplied is inexact. Subject’s accurate name is as above.

Subject’s complete and accurate address is as above.

 

 

Credit Summary

 

Credit Opinion:

Based on our credit analysis of the information developed in this report there is insufficient data to arrive at a credit amount.

 

 

Company Identification Details

 

Company Name:

WINHIGH ENTERPRISE

Registered Number:

01226498

Legal Form:

Sole Proprietorship

Date Incorporated:

11/30/2010

Registered Capital:

N/A

Listed at Stock Exchange:

No

Staff:

N/A

 

Note:

Information on registered capital and staff is not available from the subject or other sources.

 

 

History

 

SOLE PROPRIETORSHIP

Verification with the local registry revealed the following correct registration details as of (December 8, 2011).

 

Company Background

Regulatory Agency

Date Registered

Registration No.

Term

Department of Trade and Industry

11/30/2010

01226498

5 years

 

 

Owner

 

Owner (11/30/2010):

Name:

CAMORAL, RONALD ALVAREZ

% of Share:

100%

 

 

Management Information

 

Management (11/30/2010):

Name:

CAMORAL, RONALD ALVAREZ

Position:

Registered Owner

 

 

Operation

 

Information on operation is not available.

 

 

Financial Information

 

No financial statements are available. Single proprietorships are not required to file their financial statements with the Philippine Securities and Exchange Commission, which is our main source of information.

Likewise, none was provided by source citing confidentiality.

 

 

Bankers

 

No dealings based on credit exposure report with one million and above dealings as of June 30, 2011.

 

Public

 

NEGATIVE RECORDS

No negative records (court cases, credit cards cancelled and delinquent accounts) found under the names “WINHIGH ENTERPRISE” in our available database as of December 8, 2011.

 

 

Special Note

 

Per registry records, line of business not indicated. No contact numbers available for confirmation.

Above information were based on registration records with the Department of Trade and Industry.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.52.42

UK Pound

1

Rs.81.92

Euro

1

Rs.69.94

 

 

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.