MIRA INFORM REPORT

 

 

Report Date :           

20.06.2011

 

IDENTIFICATION DETAILS

 

Name :

PPS INT'L CO LTD

 

 

Registered Office :

12A Lovieem (St 282), Phnom Penh

 

 

Country :

Cambodia

 

 

Date of Incorporation :

31.03.2009

 

 

Legal Form :

Limited Company

 

 

Line of Business :

General industrial machinery and equipment, and parts, nspf

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Cambodia

c1

c1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

REGISTERED NAME & COMPANY SUMMARY

 

Company Details

Organization Name

:

PPS INT'L CO LTD

Address

:

12A Lovieem (St 282), Phnom Penh

Country

:

Cambodia

Phone (S)

:

[+855] 23-213452

Facsimile

:

[+855] 23-722417

Email

 

ppsi@online.com.kh

Primary Business Activity

 

Manufacturer

Key Industry

 

Machinery

 

Key Facts

Registered Legal Address

:

12A Lovieem (St 282), Phnom Penh

Operational Address

:

12A Lovieem (St 282), Phnom Penh

License Number

:

5744/09E

Legal Form

:

Company Limited

Operational Status of Business

:

Normal

Date of Registration

 

31 Mar, 2009

Employees

 

40

Capital

 

US$ 19,674

 

Report Details

 

 

Country

:

Cambodia

Business Entity Name

:

PPS INT'L CO LTD

Primary Business Activity

:

Manufacturer

Primary Industry

:

Machinery

Office Contact Details

Operating Address

:

12A Lovieem (St 282), Phnom Penh

Tel

:

[+855] 23-213452

 

:

[+855] 23-211621

Fax

:

[+855] 23-722417

Email

:

ppsi@online.com.kh

 

 

CREDIT RECOMENDATION

 

Current Credit Limit: No credit limit recommended.

Credit opinion

:

Credit can proceed but with recommended partial collateral security being implemented.

Proposed Credit Limit

:

No Recommendation

Revision of Credit Limit

:

Periodic /quarterly

 

 

DIRECTORS/MANAGEMENT

 

COMPANY MANAGEMENT

 

Management Listings

 

Name

Nationality

Job Description

Dept. / Division

1

Mr. Siva Prasad Rao Yelchuri Venkata Subramanya

Cambodian

Chairman

-

 

Management Details - 1

Personal Unique Identifier

:

MI02358727

Name

:

Mr. Siva Prasad Rao Yelchuri Venkata Subramanya

 

Tel

:

855-12-803106

 

COMPANY DIRECTORS

 

1

 

 

Personal Unique Identifier

:

MI02358727

Name

:

Mr. Siva Prasad Rao Yelchuri Venkata Subramanya

Nationality

:

Cambodian

 

 

 

NEGATIVE INFORMATION

 

ADVERSE DATA MONITORING  

 

DISHONORED CHECKS                                                                                    No Record Found

 

 

DEBT                                                                                                                No Record Found

 

 

LITIGATION                                                                                                       No Record Found

 

 

PERFORMANCE DEFAULTS                                                                             No Record Found

 

 

ADVERSE LOCAL MEDIA COVERAGE / ADVERSE FILING HISTORY                 No Record Found

 

 

 

SHARE & SHARE CAPITAL INFORMATION

 

 

SHAREHOLDERS

 

 

Total number of shareholders

:

2

Total number of shares

:

527

 

Currency

:

KHR - Cambodia Riel

 

No.

Shareholders

Country

Shares

Number

Amount (KHR)

%

1

Mr. Padmanabhuni Ramesh Kumar

India

267

n/a

50.66

2

Mr. Siva Prasad Rao Yelchuri Venkata Subramanya

Cambodia

260

n/a

49.34

Total

527

n/a

100.00

 

Today's Exchange rate

:

1.00 KHR
Cambodia Riel

=

0.000249 USD
United States Dollars

CAPITAL (Currency: KHR - Cambodia Riel)

 

Authorized Capital

:

79,050,000

 

 

PAYMENT INFORMATION

 

 

PAYMENT TERMS

 

 

 

Selling

 

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~120 days

Export

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Received at time of transaction

 

 

 

Purchasing

 

Type

Terms

Local

Cash on delivery (COD)

Credit - Unsecured 30~120 days

Import

Letter of Credit (At-sight)

Telegraphic Transfer (T/T) - Executed at time of transaction

 

 

GROUP STRUCTURE & AFFILIATED COMPANIES

 

Na

 

 

FINANCIAL INFORMATION

 

 

FINANCIAL STATEMENT - DETAILED

 

 

 

Based on the corporate laws of Cambodia, legal entities which are Private Company with Limited Liability are not required to make public disclosure of their annual financials. Therefore no financials are available for this entity.

 

FOREIGN EXCHANGE RATES

 

Na

 

 

ADDITIONAL INFORMATION

 

 

SIC PRODUCT CLASSIFICATION & ACTIVITY

 

 

 

Product/Service Description

Code

Activity

General industrial machinery and equipment, and parts, nspf

3569

Manufacturing, Exporting

Pumps and pumping equipment, except fluid power pumps

3561

Manufacturing, Exporting

 

 

 

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY

 

 

 

Product/Service Description

Code

Activity

Cylinders, for rolling machines, other than for metals or glass

8420919000

Manufacturing, Exporting

Machines etc having individual functions nesoi, parts

8479

Manufacturing, Exporting

 

 

 

 

CORE BUSINESS DESCRIPTION

 

 

 

Core Business

 

The primary business focus of PPS INT'L CO LTD is:

Manufacturing - Finished products


An integral part of the core business includes:

Distribution

 

 

 

Supplementary Business

 

In addition to the core business, PPS INT'L CO LTD also is engaged in the following areas of business:

Exporting

Exporting - Finished products

Importing

Importing - Materials

 

 

 

 

DOMESTIC SALES & PURCHASES

 

 

 

Annual Sales Analysis

Percentage

Domestic Sales

80%

International Sales (Export)

20%

 

 

 

 

Annual Purchases Analysis

Percentage

Local Purchases

90%

Imports

10%

 

 

REPUTATION

 

Due to the recent incorporation of the PPS INT'L CO LTD, and the relatively small nature of its business, no meaningful points of reference in terms of reputation within the respective industry was possible.

 

INTERNATIONAL TRADE : ACTIVITY & MARKETS

 

 

 

 

Country / Region

Estimated level of importance

Trading Activity

Asia / Pacific

Medium

Importing, Exporting

 

 

 

 

OFFICE & FACILITIES

 

 

 

Name

:

PPS INT'L CO LTD - PHNOM PENH

Type of Location

:

Commercial

Address

:

12A Lovieem (St 282), Phnom Penh

Country

:

Cambodia

Ownership of Property

:

Rented / Leased

Status

:

Operational

 

 

NOTES & COMMENTS

 

Na

 

 Bottom of Form

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.93

UK Pound

1

Rs.72.43

Euro

1

Rs.63.62

 

 

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.