MIRA INFORM REPORT

 

 

Report Date :           

13.10.2011

 

IDENTIFICATION DETAILS

 

Name :

P.T. SENTRA MAKMUR JAYA

 

 

Registered Office :

Jalan Mayang Ligar No. 2, Kelurahan Pasir Endah, Kecamatan Ujung Berung

Bandung, West Java

 

 

Country :

Indonesia

 

 

Date of Incorporation :

21.07.2009

 

 

Com. Reg. No.:

No. AHU-44133.AH.01.01.TH.2009

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

General Trading, Export Import, Agriculture Products, Industry, Plantation, etc

 

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 :

Moderate

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Indonesia

b1

b1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Name of Company

 

P.T. SENTRA MAKMUR JAYA

 

 

company Address

 

Head Office

Jalan Mayang Ligar No. 2

Kelurahan Pasir Endah, Kecamatan Ujung Berung

Bandung

West Java

Indonesia

Phones             - (62-22) 70797740 Flexi Mobile

Fax                   - (62-22) None

Building Area     - 1 storey

Office Space      - 100 sq. meters

Region              - Commercial

Status               - Rent

 

 

Date of Incorporation

 

21 July 2009

 

                                  

Legal Form

 

P.T. (Perseroan Terbatas) or Limited Liability Company

 

 

Company Reg. No.

 

The Ministry of Law and Human Rights

No. AHU-44133.AH.01.01.TH.2009

Dated 8 September 2009

 

 

Company Status

 

Private National Company

Permit by the Government Department

 

The Department of Finance

Not Available

 

 

Related Company

 

None

 

 

CAPITAL AND OWNERSHIP

 

Capital Structure :

Authorized Capital                            : Rp. 200,000,000.-

Issued Capital                                  : Rp.   50,000,000.-

Paid up Capital                                : Rp.   50,000,000.-

 

Shareholders/Owners :

a. Mr. Budiyanto                                                    - Rp. 25,000,000.-

    Address : Jl. Cilengkrang II, RT. 001 RW. 003

                    Kel. Palasari, Kec. Cibiru

                    Bandung, West Java

                    Indonesia

b. Mr. Supriyatna                                                   - Rp. 25,000,000.-

    Address : Cijambe RT. 001 RW. 010

                    Kel. Cigending, Kec. Ujung Berung

                    Bandung, West Java

                    Indonesia

 

 

BUSINESS ACTIVITIES

 

Lines of Business :

General Trading, Export Import, Agriculture Products, Industry, Plantation, etc

 

Production Capacity :

None

 

Total Investment :                         

None

 

Started Operation :

Unknown

 

Technical Assistance :                  

None

 

Number of Employee :

None                                              

 

Marketing Area :                           

Local    - 100%

 

Main Customer :

Unknown

 

Market Situation :                         

Unknown

 

Main Competitor :                         

None

 

Business Trend :

No comment

 

 

BANKER, AUDITOR & LITIGATION

 

Banker :

Unknown

 

Auditor :

Internal Auditor

           

Litigation :                                    

No litigation record in our database

 

 

FINANCIAL FIGURE

 

Annual Sales (estimated) :            

Unknown

 

Net Profit (Loss) :                          

Unknown

           

Payment Manner :                        

Unknown

 

Financial Comments :                    

Weak

KEY EXECUTIVES

 

Board of Management :                

Director                                           - Mr. Budiyanto

 

Board of Commissioner :              

Commissioner                                 - Mr. Supriyatna

 

Signatories :                                 

Director (Mr. Budiyanto) which must be approved by Board of Commissioner

 

 

CAPABILITIES

 

Management Capability :

Weak

 

Business Morality :                        

Prudent

 

Credit Risk :

Very High

 

Credit Recommendation :             

Not qualified for credit assessment

 

Proposed Credit Limit  :    

Deposit or Advance Payments

 

Maximum Credit Limit :

No comment

 

 

OVERALL PERFORMANCE

 

As regard to the above subject, we have been doing maximally to get information through all our sources including Government Institutions namely Department of Law and Human Rights, Department of Industry and Trade, Investment Coordinating Board (BKPM), other government institutions, Chamber of Commerce & Industry, associations, directories, etc. but we did not find the Subject. According information the address is not registered on P.T. SENTRA MAKMUR JAYA, but is a houses with telephone number (62-22) 70797740 and he did not know about the Subject.

 

Besides, the telephone which you provided us (62-21) 5590048 is registered on P.T. CENTRA LAUTAN PEWARNA which address located at Komplek Pergudangan III Block IC, Jalan Raya Prancis No. 8, Desa Jatimulya, Dadap Kosambi, West Jakarta and the company is owned and headed by Mr. Utaya Yososudarmo. P.T. CENTRAL LAUTAN PEWARNA is a private national company engaged in trading, import and supplies of food color and food ingredients. Based on investigation thorough Mr. Utaya Yososudarmo explained that he did not know about P.T. SENTRA MAKMUR JAYA.

 

P.T. SENTRA MAKMUR JAYA (P.T. SMJ) was incorporated in Bandung, West Java on July 21, 2009 with the authorized capital of Rp. 200,000,000 issued capital of Rp. 50,000,000 entirely paid up. The founding shareholders of the company are Mr. Budiyanto (50%) and Mr. Supriyatna (50%) both are indigenous businessmen. Based on our knowledge up to writing the report the notary documents of the company have not undergone any changes. The company notary act was made by Mrs. Kristi Ananda Yulianes, SH., was approved by the Ministry of Law and Human Right in its Decision Letter No. AHU-44133.AH.01.01.TH.2009, dated September 8, 2009.

 

Pursuant to the deed of notary of the company, P.T. SENTRA MAKMUR JAYA dealing with general trading, export import of agricultural commodities, industry, general contracting, trading and supplies, plantation, hatchery, land clearing, garment and textile industry, freight forwarding services, custom clearance, logistic services, custom brokerage services, trading and distribution, export import services, industry, manufacturing, general trading such as trading of technical, electrical, mechanical goods, and building material, and acting as supplier, distributor, wholesaler and agent of the companies both inside or outside the country. (Source Notary Deed of P.T. SMJ). We didn’t know the complete line of business of P.T. SMJ due to the complete address of the company was not found.

 

We refrain from informing business prospect of P.T. SMJ because of having yet found the complete address up to present. In view of having yet to be unknown the complete address, the company’s financial condition is as much as the company’s issued capital worth Rp. 50,000,000. We find that the company’s financial condition still depends on the financial condition of its shareholders being supported by the businessmen behind it.

 

Based to the company notary deed, the management of P.T. SMJ is led by Mr. Budiyanto (47) as director and Mr. Supriyatna (30) as commissioner. The management will eventually be handled by professional managers having wide relation with overseas and national private businessmen as well as with the government sectors. In view of P.T. SENTRA MAKMUR JAYA having yet to be unknown the complete address, we recommend that a high degree of prudence be observed in business transactions and adequate collateral from its shareholders be acquired in extending a new loan to the company.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.24

UK Pound

1

Rs.76.80

Euro

1

Rs.67.17

 

 

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.