MIRA INFORM REPORT

 

 

Report Date :           

03.04.2012

 

IDENTIFICATION DETAILS

 

Name :

EVERTEAM TECHNOLOGY CO., LTD.

 

 

Registered Office :

17F-2, No.482, Sec.5, Chung Hsiao E. Rd., Taipei

 

 

Country :

Taiwan

 

 

Date of Incorporation :

11.11.1994

 

 

Com. Reg. No.:

89938297

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Trading of Steel raw materials and equipment, etc

 

 

No. of Employees :

Not Available

 

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)

Taiwan

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Contact Points

 

Company Name:

Everteam Technology Co., Ltd.

Supplied Name:

Everteam Technology Co Ltd.

Trading Address:

17F-2, No.482, Sec.5, Chung Hsiao E. Rd., Taipei Taiwan

Supplied Address:

17th Fl-2, No. 482, Sec. 5, Chung Hsiao E. Rd. Taipei

Telephone Number:

+886-2-2726-1618

Fax Number:

+886-2-2346-3598

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:

Everteam Technology Co., Ltd.

Registered Address:

17F-2, No.482, Sec.5, Chung Hsiao E. Rd., Taipei Taiwan

Date of Foundation:

1994-11-11

Registration Number:

89938297

Registry:

Taipei City Government

Registered Capital:

NTD 10,000,000 (USD 339,000)

(As of 2012.03, 1 NTD = 0.0339 USD)

Paid-up Capital:

NTD 10,000,000 (USD 339,000)

Legal Representatives:

Shujin Du

Legal Form:

Joint Stock Company

Principal Activities:

Trading of Steel raw materials and equipment, etc

Staff:

N/A

Listed at Stock Exchange:

No

Date of Last Annual Return:

2011-7-4

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

 

 

History

 

Subject was incorporated on 1994-11-11 with registered number 89938297 as Joint Stock Company in Taiwan.

 

 

Shareholders

 

Name

Subscription Shares

Shujin Du

600,000

 

Yaying Yang

 

100,000

 

Zhaowei Yuan

150,000

Shuling Xie

50,000

 

The information above is that of subject’s major shareholders.

 

 

Subsidiaries & Branches

 

Subject did not introuce whether it has any subsidiaries or branches, from other source we can not obtain the relevant information, either.

 

 

Personnel Information

 

Core Management

Directors

1

Name

Shujin Du

Position

Board Chairman

2

Name

Yaying Yang

Position

Director

3

Name

Zhaowei Yuan

Position

Director

4

Name

Shuling Xie

Position

Supervisor

 

 

Operation Information

 

Offices & Factories

 

Headquarters

Add

17F-2, No.482, Sec.5, Chung Hsiao E. Rd., Taipei Taiwan

 

Production Information

l         Subject is trader of steel raw materials and equipment without any production activities itself.

Purchase Information

l         The registered activities of subject:

Business Code

Details

E604010

Installation of machinery

F401010

International Trading Business

F113010

Wholesales of machinery

F113030

Wholesales of precision instrument

I301010

Information software services

F113050

Wholesales of computer and Business equipment

F119010

Wholesales of electronic materials

F107200

Wholesales of chemical materials

F106010

Wholesales of hardware

F101050

Wholesales of aquatic products

F102170

Wholesales of food and groceries

F104110

 

Wholesales of fabric, garments, footwear, caps, umbrella and accessories

ZZ99999

Besides licensed business, all other business items those are not banned or restricted.

l         Subject purchases mainly abroad.

l         It is introduced that subject also operates an Asian Branch of a German Company named Koehne, but we can not obtain the details.

Sales Information

l         The subject is mainly engaged in sales of steel raw materials and equipment, etc

l         Subject’s products are mainly sold in domestic market of Taiwan and the mainland of China.

l         Subject’s customers steel works including state enterprise in the mainland of China

 

Import and export right:

Import right

Yes

Export right

Yes

 

 

Settlements

 

Purchase

Domestic Purchase

Subject has little domestic purchase

Foreign Purchase

Product

Payment Terms

Proportion

Steel raw materials and equipment, etc

CBD, etc

100%

Sales

Domestic Markets

Product

Sales Terms

Proportion

Steel raw materials and equipment, etc

CBD, etc

 

Export

Subject has little export business

 

Financial Information

 

Subject has no obligations to disclose its financial statements to the third party according to the relevant policy in Taiwan and the only source from which we can obtain the information is the subject itself.

Subject declined to disclose its financials citing the grounds of company’s confidentiality; 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.

 

 

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.51.16

UK Pound

1

Rs.81.79

Euro

1

Rs.68.34

 

 

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.