MIRA INFORM REPORT

 

 

Report Date :           

19.12.2011

 

IDENTIFICATION DETAILS

 

Name :

TARA INTRNATIONAL LLC

 

 

Registered Office :

3-22-22 Ikegami Ohtaku Tokyo 146-0082

 

 

Country :

Japan

 

 

Date of Incorporation :

August 2009

 

 

Com. Reg. No.:

(Tokyo-Ohtaku) 001120

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Export, Import, Wholesale of machine tools

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Undetermined

Payment Behaviour :

Unknown

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)

Japan

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name

 

TARA INTRNATIONAL LLC

 

 

REGD NAME

 

Tara International Godo Kaisha

 

 

MAIN OFFICE

 

3-22-22 Ikegami Ohtaku Tokyo 146-0082 JAPAN

Tel: Unavailable (not registered with the Telephone Office)    

URL:                 N/A

 

 

ACTIVITIES

 

Export, import, wholesale of machine tools

 

 

BRANCHES   

 

Nil

 

 

OFFICERS

 

H PAUL, PRES            

 

 

FINDINGS

 

This is a trading firm founded by H Paul in order to make most of his experience in the subject line of business.  Specializes in import, export & wholesale of machine tools & equipment.  The firm does not disclose any of its management and financial details and the information contained here is based on the Registration Certificate and information gathered from outside sources. 

 

REGISTRATION

 

Date Registered:  Aug 2009

Regd No.:         (Tokyo-Ohtaku) 001120

Legal Status:      Limited Liability Company (Godo Kaisha)

Regd Capital:     Yen 100,000.00

Major shareholders (%): H Paul (100)

 

Nothing detrimental is known as to his commercial morality of executives.

 

 

OPERATION

           

Activities: Imports, exports and wholesales machine tools & equipment (--100%)

 

Clients: Mfrs, wholesalers, other 

            No. of accounts: Unavailable

            Domestic areas of activities: Centered in greater-Tokyo

 

Suppliers: Mfrs, wholesalers, other

 

Location: Business area in Tokyo.  Office premises at the caption address are owned by H Paul as his private residence and maintained satisfactorily.

 

Bank References:

Local Bank (Shinagawa)

Relations: Money deposits & transfers only

 

 

FINANCES

(In Million Yen)

 

NOT MADE AVAILABLE

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.52.81

UK Pound

1

Rs.82.00

Euro

1

Rs.68.81

 

 

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.