MIRA INFORM REPORT
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Report Date : |
13.05.2011 |
IDENTIFICATION DETAILS
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Name : |
CONARD ENGINEERING AND TRADING PTE LTD |
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Formerly Known As : |
Haadyai Seafood Restaurant Pte Ltd |
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Registered Office : |
101 Upper Cross Street #06-20 People's Park Ctr Singapore 058357 |
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Country : |
Singapore |
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Date of Incorporation : |
15.03.1983 |
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Com. Reg. No.: |
198301160R |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
Ship And Vessel Repair, Maintain Equip, Supplies, Refurnish, Improve And Gener |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Poor |
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Payment
Behaviour : |
Unknown |
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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
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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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: |
Conard Engineering
And Trading Pte Ltd |
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Supplied Name: |
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Trading Address: |
1003, Lower Delta Road # 02-02, Singapore -
099 308 |
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Supplied Address: |
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Telephone Number: |
+65-6272-9428 |
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Fax Number: |
+65-6272-3936 |
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Email: |
Notes:
Subject’s exact name is as above.
Credit
Summary
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Credit Opinion: |
In view of the
absence of information about subject’s operation, caution should be
exercised. |
Special
Notes
We tried to contact
subject through the telephone number +65-6272-9428, the relevant staff confirmed
subject’s trading address and contact information but declined to disclose the
operation information of subject.
An E-mail has been
sent to conard@singnet.com.sg,
but no reply has been received, yet.
No other valid
contact information or operation information of subject was found from public
files according to the supplied name or address.
Registration files
show subject’s principal activities as follows, but the information is not
confirmed and only for reference.
Principal Activities
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30112 |
Ship And Vessel Repair, Maintain Equip,
Supplies, Refurnish, Improve And Gener |
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30111 |
Building Of Ships, Tankers And Other
Ocean-Going Vessels (Including Conversion Of Ships Into Off-Shore Structures) |
We will update the
report if anything new returned.
We found the
registration information of subject from local registry, supplying as follows
for reference.
Company
Identification Details
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Registered Name: |
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Registered Address: |
101 Upper
Cross Street #06-20 People's Park Ctr Singapore 058357 |
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Date of Registration:: |
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Registered Number: |
198301160R |
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Country of Incorporation: |
Singapore |
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Registered Capital: |
SGD 50,000 (USD 40,680) (As of 2011.05, 1 SGD = 0.8136 USD) |
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Paid-up Capital: |
SGD 50,000 (USD 40,680) = 50,000 Shares@1
SGD |
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Legal Form: |
Limited Exempt Private Company |
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Principal Activities: |
30112--Ship And Vessel Repair, Maintain Equip,
Supplies, Refurnish, Improve And Gener 30111--Building Of Ships, Tankers And Other
Ocean-Going Vessels (Including Conversion Of Ships Into Off-Shore Structures) |
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N/A |
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Status: |
Live Company |
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Listed at Stock Exchange: |
No |
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Date of Last Annual Return: |
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Notes: Subject declined to disclose the staff information; from other source
we can not obtain the relevant information, either.
History
Subject was incorporated
on
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Date |
Change |
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Haadyai Seafood Restaurant Pte Ltd |
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Conard Engineering And Trading Pte Ltd |
Shareholders
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Subscription
Amount |
Proportion
of Investment (%) |
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Anurag Sharma |
25,000 |
50% |
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Sharma Sushil Kumar |
25,000 |
50% |
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Total |
50,000 |
100% |
Major Shareholder Information:
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1 |
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Name: |
Anurag Sharma |
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ID Number: |
S |
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Address: |
1003 Lower Delta Road #02-02 Singapore
099308 |
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2 |
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Name: |
Sharma Sushil Kumar |
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ID Number: |
S2691122B |
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Address: |
1003 Lower Delta Road #02-02 Singapore
099308 |
Subsidiaries &
Branches
We can not confirm whether subject has subsidiaries
or branches.
Manage
Information
Core Management
Detailed Information of Management:
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1 |
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Name: |
Anurag Sharma |
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Position: |
Director |
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ID Number: |
S |
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Address: |
1003 Lower Delta Road #02-02 Singapore
099308 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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2 |
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Name: |
Sharma Sushil Kumar |
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Position: |
Director |
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ID Number: |
S2691122B |
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Address: |
1003 Lower Delta Road #02-02 Singapore
099308 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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3 |
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Name: |
Teng Seok Goh |
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Position: |
Secretary |
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ID Number: |
S2010054J |
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Address: |
17 Jubilee Road Singapore 128549 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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Operation
Information
Principal Activities
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30112 |
Ship And Vessel Repair, Maintain Equip,
Supplies, Refurnish, Improve And Gener |
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30111 |
Building Of Ships, Tankers And Other Ocean-Going
Vessels (Including Conversion Of Ships Into Off-Shore Structures) |
Financial
Information
Subject has no obligations to disclose its financial
statements to the third party according to the relevant policy in Singapore;
subject did not submit the latest financials to the local registry, and the
only source from which we can obtain the information is the subject itself.
Subject declined to disclose the financial
information; from other source we can not obtain the relevant information,
either.
Bankers
The banker information is not available from
subject or other source.
Auditors
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Name: |
EDWIN TAY & CO. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.79 |
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UK Pound |
1 |
Rs.73.19 |
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Euro |
1 |
Rs.63.59 |
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.