MIRA
INFORM REPORT
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Report Date : |
19.09.2011 |
IDENTIFICATION DETAILS
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Name : |
COLUMBO TRADING CO. LTD. |
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Registered Office : |
1F., No.116, Sec.1, Chongren Rd., Beitou District, Taipei City 112 |
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Country : |
Taiwan |
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Date of Incorporation : |
25.07.2000 |
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Com. Reg. No.: |
70608325 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Sales of cloth |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 20,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Taiwan |
A2 |
A2 |
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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: |
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Supplied Name: |
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Trading Address: |
1F., No.116,
Sec.1, Chongren Rd., Beitou District, Taipei City 112, Taiwan, R.O.C. |
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Supplied Address: |
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Telephone Number: |
+886-2-2987-6350 |
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Fax Number: |
Credit Summary
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Credit Rating: |
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Credit Opinion: |
Company Identification Details
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Registered Name: |
Columbo Trading
Co. Ltd. |
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Registered Address: |
1F., No.116, Sec.1,
Chongren Rd., Beitou District, Taipei City 112, Taiwan, R.O.C. |
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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 3,000,000 (USD 101,100) (As of 2011.09, 1
NTD = 0.0337 USD) |
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Legal Representatives: |
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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 2000-7-25 with registered
number 70608325 as Private
Limited Liability Company in Taiwan.
Shareholders
|
Name |
Subscription Amount |
|
Suqiu Chen |
1,200,000 |
Notes:
The
information above is that of subject’s major shareholders.
Subsidiaries & Branches
Personnel Information
Core
Management
Directors
|
1 |
|
|
Name |
|
|
Position |
Director |
Personnel
Structure
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Total Employees |
More than 5 Employees |
Operation Information
Offices
& Factories
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|
Headquarters |
|
Add |
1F., No.116, Sec.1, Chongren Rd., Beitou District, Taipei City 112,
Taiwan, R.O.C. |
Production
Information
l
Subject is a trader of cloth
without any production activities.
Purchase
Information
l
The subject purchases cloth.
l
The subject purchases from domestic
markets.
l
The subject is mainly engaged in sales of cloth.
l
The subject sells in the foreign countries.
Import and export
right:
|
Import right |
Yes |
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Export right |
Yes |
Settlements
Purchase
Domestic Purchase (Taiwan and Mainland, China)
|
Payment Terms |
Proportion |
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Foreign Purchase
The subject seldom imports.
Sales
Domestic Markets (Taiwan)
The subject seldom
sells in domestic markets.
Export
|
Sales Terms |
Proportion |
|
|
Cloth |
CBD, etc |
100% |
Financial Information
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Year: |
Sales |
|
2010 |
About USD 2,000,000 |
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 |
Suqiu Chen |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.47.46 |
|
|
1 |
Rs.74.96 |
|
Euro |
1 |
Rs.65.79 |
RATING EXPLANATIONS
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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 |
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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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.