MIRA INFORM
REPORT
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Report Date : |
28.06.2011 |
IDENTIFICATION DETAILS
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Name : |
SPX HYDRAULIC TECHNOLOGIES |
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Formerly Known As : |
Spx Fluid Power |
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Registered Office : |
7 Gul Circle Singapore 629563 |
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Country : |
Singapore |
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Date of Incorporation : |
26.11.1999 |
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Com. Reg. No.: |
52907304L |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Wholesale of industrial machinery and equipment |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 30,000 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Usually Correct |
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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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Singapore |
a1 |
a1 |
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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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Supplied
Address: |
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Fax Number: |
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
Company
Identification Details
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Registered Name: |
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Registered
Address: |
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Date of
Registration:: |
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Registered
Number: |
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Country of
Incorporation: |
Singapore |
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Registered
Capital: |
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Paid-up Capital: |
N/A |
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Legal Form: |
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Principal Activities: |
Wholesale Of
Industrial Machinery And Equipment |
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About 10
Employees |
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Status: |
Live |
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Listed at Stock
Exchange: |
No |
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Date of Last
Annual Return: |
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Notes: According to the law in the Singapore, it is
not necessary to register the capital for a sole company.
History
Subject was
incorporated on
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Date |
Change |
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Spx Fluid Power |
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Spx Hydraulic Technologies |
Shareholders
According to the local law, we could not find the information from local registry. Since the subject declined to disclose the information, the shareholders are not available.
Existing
Owner
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1 |
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Name: |
Spx Singapore
Pte. Ltd. |
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ID Number: |
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Nationality/Place
of Origin |
Singapore, Rep
Of |
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Address: |
7 Gul Circle
Singapore 629563 |
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Date of Entry: |
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Subsidiaries &
Branches
Related Company:
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Name: |
China Customer
Service Center |
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Address: |
No. 1568 Hua
Shan Road International Park Center, Floor 9th, Shanghai, 200052,
China |
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Tel: |
+86-21-2208-5888 |
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Fax: |
+86-21-2208-5682 |
Manage
Information
Core Management
Detailed Information
of Management:
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1 |
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Name: |
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Position: |
Manager |
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ID Number: |
S0090452Z |
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Address: |
3 Hume Avenue
#01-06 Singapore 598719 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
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Personnel
Structure
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Total Employees |
Operation
Information
Offices
& Factories
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Office |
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Address: |
Purchase
l
The subject purchases metal-forming machinery.
l
The subject purchases from foreign countries.
Sales
Information
l
The subject is engaged in sales of metal-forming
machinery.
l
The subject sells products in Asian markets.
Settlements
Purchase
Domestic Markets
The subject seldom
purchases from domestic markets.
Overseas Markets
|
Products |
Payment Terms |
Proportion |
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Metal-forming
machinery |
CBD, etc |
Domestic Markets
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Sales Terms |
Proportion |
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100% |
Overseas Markets
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Product |
Sales Terms |
Proportion |
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Metal-forming
machinery |
CBD, etc |
100% |
Financial
Figures
|
Sales |
|
|
2010 |
About USD
3,000,000 |
Notes: The information as above is from
introduction.
Bankers
Open
Account Bank
|
DBS Bank |
Public
Charges
No charges
information was found from registry.
Interview
Details
|
Name: |
Chua Soo Huang,
Pauline |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.10 |
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UK Pound |
1 |
Rs.71.88 |
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Euro |
1 |
Rs.63.75 |
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.