MIRA INFORM REPORT

 

 

Report Date :           

30.05.2011

 

IDENTIFICATION DETAILS

 

Name :

CSL COMPUTER SOLUTIONS LTD

 

 

Registered Office :

Hannagan& Devereux, Moran Building, Octagon, Dunedin

 

 

Country :

New Zealand

 

 

Date of Incorporation :

02.02.2006

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Non-Trading Entity

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Ceased Operations

 

 

Payment Behaviour :

----

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

New Zealand

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

                        

REGISTERED NAME 

 

CSL COMPUTER SOLUTIONS LTD

CN: 1761111

 

     

CORPORATE SEARCH

 

 

Entity Type:

NZ Limited Company

Incorporated:

02 Feb 2006

Current Status:

Registered

Constitution Filed:

No

Annual Return Filing Month:

November

 

Company Addresses

 

Registered Office

Hannagan& Devereux, Moran Building, Octagon, Dunedin

 

Address for Service

Hannagan& Devereux, Moran Building, Octagon, Dunedin

 

Directors

LU, TienKuei

16 Manse Street, Dunedin

Shareholdings

Total Number of Shares:

600

Extensive Shareholdings:

No

 

200

LU, YehShion Wen

16 Manse Street, Dunedin

200

LU, Ali

16 Manse Street, Dunedin

200

LU, TienKuei

16 Manse Street, Dunedin

 

 

 

 

 

 

 

BUSINESS STRUCTURE

 

TRADING ADDRESS     16 Manse St

                                    DUNEDIN, NZ                           

 

TELEPHONE                 (643) 474 0063

 

ASSOCIATED

ENTITIES                      GOLDEN LEAF INTERNATIONAL LTD

 

BANK                           Not determined

                                               

EMPLOYEES                Nil       

 

 

BACKGROUND

 

The subject was incorporated in New Zealand on 2 February 2006 under the current style.

 

 

OPERATIONS

 

The subject is a non-trading entity.

 

The main trading entity for the group in New Zealand is Golden Leaf International Ltd. It acts as an international group of companies specialising in the importation and wholesale of quality computer memory, flash memory, and other products to the Australasian computing industry.

 

Activities are conducted from premises located at the above listed trading address.

 

 

FINANCES

 

The subject is not required to lodge financial statements with the New Zealand companies Office.

 

During the current interview conducted with the Financial Controller for the associated entity Golden Leaf International Ltd he advised that the subject is no longer a trading entity having ceased operations in 2010.

 

The main trading entity for the group in New Zealand is Golden Leaf International Ltd.

 

As a result, details pertaining to the subjects operating trading and financial position were unable to be obtained for the current enquiry.

 

TRADE SURVEY

 

The subject is a non-trading entity.

 

A trade survey on the subject was subsequently unable to be conducted.

 

 

SUMMARY

 

The subject was incorporated in New Zealand on 2 February 2006 under the current style.

 

The subject is no longer a trading entity having ceased operations in 2010.

 

The main trading entity for the group in New Zealand is Golden Leaf International Ltd

 

As a result, details pertaining to the subjects operating trading and financial position were unable to be obtained for the current enquiry.

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.21

UK Pound

1

Rs.74.31

Euro

1

Rs.64.40

 

 

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.