MIRA INFORM REPORT
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Report Date : |
28.01.2011 |
IDENTIFICATION DETAILS
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Name : |
PROTRADE ASIA LTD |
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Registered Office : |
8FL, 57, Lane 77 Hsing Ai Rd Neihu Dist, |
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Country : |
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Date of Incorporation : |
-- |
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Com. Reg. No.: |
-- |
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Legal Form : |
Unknown |
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Line of Business : |
-- |
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 : |
Not Registered in |
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Payment Behaviour : |
-- |
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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 – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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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 |
Company name & address
PROTRADE ASIA LTD
8FL, 57, LANE 77 HSING AI RD NEIHU DIST
TEL: 886-2-27955338 FAX: 886-2-27955339
Alert
report!
This refers to a type of report whose format is different from that of a
standard report. Such type of report is provided when:
l
Information obtained is insufficient for compiling
a standard report.
l
The enquired co has been out of business or its
business address has been untraceable.
It should be noted that the time and manpower spent on preparing such type
of report might be greater than those on a standard report. On many occasions,
the information in this type of report still indicates the current status of
the enquired co. and serves as a useful reference to assess its credit
standing.
*Company Registration*
===================
License Number: Unknown
Legal Form: Unknown
Operational Status of Business: Unknown.
Key Industry: Not Applicable
The Taiwan Registrar of Companies was checked and there is no company
registered with this name.
Due to field investigations held at the premises listed above, the
following facts were confirmed by the person interviewed at this address:
- They recognized the
name “PROTRADE ASIA LTD”
- They confirmed that
this business entity is NOT registered in
- They confirmed that
the company was an overseas registered company, but failed to provide details
as to where it was registered.
*Office & Facilities*
================
Size : 191 sq. meters (Approx)
Location :
Property status : Rented
Type of building :
Commercial building
SC is not known to host website of its own at present.
E-mail: juhual@protrade.org
For the past two years there is no record of litigation.
SC’s shareholder details are not available at present.
Management: Ms. Ju-hua Lu,
Representative
Mr. Chung-lun Lai, Managing Director
Name Nationality
Job Description Dept. / Division
Ms. Ju-hua Lu Taiwanese
Representative Sales
Mr. Chung-lun Lai Taiwanese
Managing Director -
*COMPANY DIRECTORS*
====================
1
Name : Ms. Ju-hua Lu
Sex : F
2
Name : Mr. Chung-lun Lai
Sex : M
*Main Products & Services*
======================
Not applicable, because the company license is NOT being used for the
actual business transactions.
*International Trade Activity*
=======================
Not applicable, since the company is not licensed to operate in
*(Subsidiaries, Joint-ventures & Affiliates)
===============================
Business Entity Name : ADVANCED RESOURCES LTD
Address : 8Fl, 57 Lane
Country :
Relationship : Affiliate
Legal Form : Private Company with Limited Liability
Company Type : Service
Industry : Professional Services
PAYMENT
RATING : NR OBTAINED SCORES : No Data
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Implication |
Implications |
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1 |
Scores 85–100 |
Excellent |
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2 |
Scores 75 – 84 |
Above Average |
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3 |
Scores 50 – 74 |
Average |
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4 |
Scores 35 – 49 |
Fair |
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5 |
Scores 15 – 34 |
Below Average |
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6 |
Scores 01 – 14 |
Poor |
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NR |
No Data |
No Data |
The rating indicates the payment
pattern of SC based upon our Payment Database, comments from suppliers of SC,
information from banks (if available), as well as industrial sources.
SC’s financial details are not available at present.
*BANK DETAILS*
===============
Bank Name : HUA NAN COMMERCIAL BANK LTD
Branch : Chungcheng Dist,
Branch Address :
SWIFT Code : HNBKTWTP
Based on the investigations performed, it has not been possible to
prepare a normal credit report on the company. Given the circumstances, caution
is advised related to dealings with persons claiming to represent such an
entity.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.57 |
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1 |
Rs.72.50 |
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Euro |
1 |
Rs.62.46 |
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.