MIRA INFORM REPORT

 

 

 

Report Date :           

10.11.2011

 

IDENTIFICATION DETAILS

 

Name :

ESCO MICRO PTE LTD

 

 

Formerly Known As :

Capri Marketing Services Pte Ltd

 

 

Registered Office :

21 Changi South Street 1 Singapore 486777

 

 

Country :

Singapore

 

 

Date of Incorporation :

12.01.1984

 

 

Com. Reg. No.:

198400165W

 

 

Legal Form :

Limited Exempt Private Company

 

 

Line of Business :

Marketing and sales of Products For Laboratory/Cleanroom/Ind'l Sector

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 40,000

Status :

Moderate

Payment Behaviour :

No Complaints

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Singapore

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Contact Points

 

Company Name:

Esco Micro Pte Ltd

Former:

Capri Marketing Services Pte Ltd

Supplied Name:

Esco Micro Pte Ltd.

Trading Address:

21 Changi South Street 1, Singapore 486777

Supplied Address:

21 Changi South Street 1, Singapore 486777

Telephone Number:

+65-6542-0833

Fax:

+65-6542-6920

E-mail:

mail@escoglobal.com

Notes: Subject’s exact name and address are as above.

 

 

Credit Summary

 

Credit Rating:

Maximum credit USD 40,000

Credit Opinion:

Business connections are permissible.

 

 

Company Identification Details

 

Registered Name:

Esco Micro Pte Ltd

Registered Address:

21 Changi South Street 1 Singapore 486777

Date of Registration::

1984-1-12

Registered Number:

198400165W

Country of Incorporation:

Singapore

Registered Capital:

SGD 1,515,075 (USD 1,200,394)

(As of 2011.11, 1 SGD = 0.7923 USD)

Paid-up Capital:

SGD 1,515,075 (USD 1,200,394) = 1,505,035 Shares

Legal Form:

Limited Exempt Private Company

Principal Activities:

Marketing and sales of Products For Laboratory/Cleanroom/Ind'l Sector

Staff:

N/A

Status:

Live Company

Listed at Stock Exchange:

No

Date of Last Annual Return:

2011-8-25

Notes: Subject did not introduce its staff number; from other source we can not obtain the relevant information, either.

 

 

History

 

Subject was incorporated on 1984-1-12 with registered number 198400165W as Limited Exempt Private Company in Singapore.

 

Change of Name

Date

Change

1984-1-12

Capri Marketing Services Pte Ltd

1994-6-14

Esco Micro Pte Ltd

 

 

Shareholders

 

Name

Subscription Shares

Proportion of Investment (%)

Lim Lay Yew

301,007

20%

Low Yae Foong

602,014

40%

Lin Xiang Qian

602,014

40%

Total

1,505,035

100%

 

Major Shareholder Information:

1

Name:

Lim Lay Yew

ID Number:

S0005859I

Address:

21 Changi South Street 1 Singapore 486777

2

Name:

Low Yae Foong

ID Number:

S2554224Z

Address:

26 Sennett Terrace S Singapore 466721

3

Name:

Lin Xiang Qian

ID Number:

S8404232C

Address:

29 Amber Road #15-03 Sea View, The Singapore 439942

 

 

Subsidiaries & Branches

 

Major related companies and offices: 

1

Name:

Esco GB Ltd

Address:

Unit 20 Parkers Close Downton Industrial Estate Downton Wiltshire SP5 3RB

Tel:

+44 (0)1725 514555

Fax:

+44 (0)1725 514551

E-mail:

info@escogb.coms  

2

Name:

Esco Technologies, Inc.2940

Address:

Turnpike Drive, Units 15-16 • Hatboro, PA 19040, USA

Tel:

+1-877-479-3726 /+215-441-9661

Fax:

+215-441-9660 •

E-mail:

usa@escoglobal.com

3

Name:

Esco Micro Sdn. Bhd.

Address:

Malaysia

Hotline:

+60-130088 (3726)

4

Address:

No. 302, Baekdoo Bujilding, 1666-24, Shinrim-Dong, Kwanak-Gu, Seoul, South Korea

Tel:

+82-2-830-0482/2-6407-2208

Fax:

+82-2-830-0491

5

Name:

China Office

Address:

Room 303B, Block B, Keji Caifu Center, No.7, Xueqing Road, Haidian District, Beijing City, China.

6

Name:

Esco Vietnam Company Ltd.

Address:

7th Floor, No. 8, Alley 15, Trung Kinh StreetTrung Hoa Ward

Cau Giay District, Hanoi, Vietnam

Tel:

+844-6269-1460        

Fax:

+844-6269-1461 

Mobile phone:

+84 904165623/ +84977966188

Email:

tho.luu@escoglobal.com ; vietnam@escoglobal.com

 

 

Management Information

 

Core Management

Detailed Information of Management:

1

Name:

Lim Lay Yew

Position:

Director

ID Number:

S0005859I

Address:

21 Changi South Street 1 Singapore 486777

Nationality:

Singapore Citizen

Date of Appointment:

1984-1-24

2

Name:

Chan Lai Yin

Position:

Secretary

ID Number:

S1296164B

Address:

349 Woodlands Avenue 3 #13-51 Singapore 730349

Nationality:

Singapore Citizen

Date of Appointment:

2000-2-28

3

Name:

Low Yae Foong

Position:

Director

ID Number:

S2554224Z

Address:

26 Sennett Terraces Singapore 466721

Nationality:

Singapore P.R.

Date of Appointment:

1984-1-24

4

Name:

Lin Xiang Qian

Position:

Director

ID Number:

S8404232C

Address:

29 Amber Road #15-03 Sea View, The Singapore 439942

Nationality:

Singapore Citizen

Date of Appointment:

2011-3-22

 

 

Operation Information

 

Offices & Factories

 

Office

Address:

21 Changi South Street 1, Singapore 486777

 

Production Information

l         Subject is engaged in trading of Products For Laboratory/Cleanroom/Ind'l Sector without any production activities itself.

 

Purchase Information

l         Subject purchases mainly abroad

l         It is introduced that subject’s products are all made in Indonesia.

 

Sales Information

l         Subject is engaged in sales of Products For Laboratory/Cleanroom/Ind'l Sector

l         Subject’s products are both sold in domestic and overseas market and it is introduced that subject mainly sells its products through its agents in different regions. And all the products are delivered from Singapore to other regions.

 

Major products sold

1

Biological Safety Cabinets

2

Cleanroom Equipment

3

CO2 Incubators

4

Compounding Pharmacy Equipment

5

Containment / Pharma Products

6

Ductless Fume Hoods

7

IVF Workstations

8

Lab Animal Research Products

9

Laboratory Fume Hoods

10

Laboratory Incubators

11

Laboratory Ovens

12

Laminar Flow Cabinets

13

Microplate Shaker/Incubator

14

PCR Cabinets

15

PCR Thermal Cyclers

16

Powder Weighing Balance Enclosures

17

Ultra-low Temperature Freezers

 

 

Settlement

 

Purchase

Domestic Markets

Subject has little domestic purchases

Overseas Markets

Products

Payment Terms

Proportion

Products For Laboratory/Cleanroom/Ind'l Sector

Interior Settlement, etc

100%

 

Sales

Domestic Markets

Product

Sales Terms

Proportion

Products For Laboratory/Cleanroom/Ind'l Sector

COD, Credit sales, etc

100%

 

Overseas Markets

Product

Sales Terms

Proportion

Products For Laboratory/Cleanroom/Ind'l Sector

CBD, Credit sales, etc

100%

Notes: Subject did not introduce the detailed terms of its settlement.

 

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 information to the local registry, and the only source from which we can obtain the information is the subject itself.

Subject’s staff Ms. Wong declined to disclose its financial information, from other source we can not obtain the relevant information, either.

 

 

Bankers

 

Subject declined to disclose its bank details; from other source we can not obtain the relevant information, either.

 

 

Interview Details

 

Name:

Ms. Wong

Department:

Sales department

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.78

UK Pound

1

Rs.80.11

Euro

1

Rs.68.82

 

 

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.