MIRA INFORM REPORT
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Report Date : |
03.05.2011 |
IDENTIFICATION DETAILS
|
Name : |
TOP GALLANT CO., LTD. |
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Registered Office : |
1F, No. 23, Alley 8, Lane 123, Nan King E. Rd; Sec. 5, Taipei |
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Country : |
Taiwan |
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Date of Incorporation : |
25.04.2002 |
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Com. Reg. No.: |
13109658 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Sales of Auto parts |
RATING & COMMENTS
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MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 20,000 |
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Status : |
Small Company |
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Payment
Behaviour : |
No Complaints |
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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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
Taiwan |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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
|
Company Name: |
|
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Supplied Name: |
Top Gallant Co Ltd. |
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Trading Address: |
No. 23, Alley 8,
Lane 123, Nan King E. Rd; Sec. 5, Taipei, Taiwan, R.O.C. |
|
Supplied Address: |
No. 23, Alley 8 Lane 123, Nak King E Rd.,
Sec 5, Taipei, Taiwan |
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Telephone Number: |
+886-2-27654441 |
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Fax Number: |
+886-2-27600826 |
Credit Summary
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Credit Rating: |
|
|
Credit Opinion: |
Company Identification Details
|
Registered Name: |
Top Gallant Co.,
Ltd. |
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Registered
Address: |
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Date of Foundation: |
|
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Registration
Number: |
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Registry: |
Taipei City
Government |
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Registered
Capital: |
NTD 10,000,000 (USD 345,000) (As of 2011.04, 1
NTD = 0.0345 USD) |
|
Legal
Representatives: |
|
|
Legal Form: |
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Principal
Activities: |
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|
Staff: |
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Listed at Stock Exchange: |
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Date of Last Annual Return: |
History
Subject was incorporated on
Shareholders
|
Name |
Subscription
Amount |
|
2,000,000 |
Subsidiaries
& Branches
Subject did not
register any subsidiaries or branches, from other source we can not obtain the
relevant information, either.
Personnel Information
Core Management
|
1 |
|
|
Name |
Guilan Chen |
|
Position |
Director |
Personnel Structure
|
Total Employees |
About 10 Employees |
Operation
Information
Offices & Factories
|
|
Headquarters
|
|
Add |
No. 23, Alley 8,
Lane 123, Nan King E. Rd; Sec. 5, Taipei, Taiwan, R.O.C. |
Production Information
l
Subject
doesn’t produce.
Purchase Information
l
The
registered activities of subject:
|
Business Code |
Details
|
|
F119010 |
|
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F219010 |
|
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F104020 |
Wholesale
of ready-made clothes |
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F204020 |
Retail of ready-made
clothes |
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F104040 |
|
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F204040 |
Retail of portfolio,
carrier bag, leather suitcase |
|
F110020 |
Wholesale
of glasses |
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F210020 |
Retail of glasses |
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F114030 |
Wholesale
of auto parts |
|
F214030 |
Retail
of auto parts |
|
F401010 |
International
trade |
l
The
subject purchases from Taiwan.
l
The
subject purchases auto parts.
l
The
subject is mainly engaged in sales of auto parts.
l
The
subject sells products only to foreign markets.
Import and export right:
|
Import
right |
Yes |
|
Export
right |
Yes |
Settlements
Purchase
Domestic
Purchase (Taiwan and Mainland, China)
|
Payment
Terms |
Proportion |
|
|
COD,
etc |
Foreign
Purchase
Sales
Domestic
Markets (Taiwan)
Subject seldom sells products to domestic markets.
Export
|
Sales
Terms |
Proportion |
|
|
CBD,
etc |
100% |
Financial Information
Subject has no
obligations to disclose its financial statements to the third party according
to the relevant policy in Taiwan and the only source from which we can obtain
the information is the subject itself.
Subject’s relevant
staff Miss. Xu declined to disclose its financials citing the grounds of
company’s confidentiality; from other source we can not obtain the relevant
information, either.
Bankers
|
Name |
Taiwan
Bank |
Public Record
Mortgage
No chattel mortgage
record of subject has been found within the recent 3 months.
Lawsuit
Up to date of reporting, no existing or
latent litigation of the subject has been found.
Interview Details
|
Name |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.33 |
|
UK Pound |
1 |
Rs.73.89 |
|
Euro |
1 |
Rs.65.57 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.