MIRA INFORM REPORT

 

 

Report Date :           

11.04.2012

 

IDENTIFICATION DETAILS

 

Name :

TAVIKITICHAI  LIMITED  PARTNERSHIP

 

 

Registered Office :

48/56  Soi  47,  Sukhapibal  5  Road,  Au-Ngurn, Saimai,  Bangkok  10220

 

 

Country :

Thailand

 

 

Date of Incorporation :

28.06.2011

 

 

Com. Reg. No.:

0103554046638

 

 

Legal Form :

Limited  Partnership

 

 

Line of Business :

Distributor of consumer  products

 

 

No. of Employees :

03

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New Company

 

 

Payment Behaviour :

Unknown

 

 

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, 2012

 

Country Name

Previous Rating

                   (31.12.2011)                  

Current Rating

(31.03.2012)

Thailand

b1

b1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name

           

TAVIKITICHAI  LIMITED  PARTNERSHIP

 

 

SUMMARY

 

BUSINESS  ADDRESS                          :           48/56  SOI  47,  SUKHAPIBAL  5  ROAD,  AU-NGURN, 

                                                                        SAIMAI,  BANGKOK  10220,  THAILAND

TELEPHONE                                         :           [66]   2948-2155

FAX                                                      :           [66]   2948-2155

E-MAIL  ADDRESS                                :           tavikitichai@hotmail.com

REGISTRATION  ADDRESS                  :           SAME  AS  BUSINESS  ADDRESS

ESTABLISHED                                     :           2011

REGISTRATION  NO.                           :           0103554046638

CAPITAL REGISTERED                         :           BHT.   100,000

CAPITAL PAID-UP                                :           BHT.   100,000

PARTNER’S  PROPORTION                  :           THAI     :      100%

FISCAL YEAR CLOSING DATE              :           -            

LEGAL  STATUS                                  :           LIMITED  PARTNERSHIP

EXECUTIVE                                          :           MRS. PORNPHAN  PITILERT-APINONT, THAI

                                                                        MANAGING  PARTNER

NO.  OF  STAFF                                   :           3

LINES  OF  BUSINESS                          :           CONSUMER  PRODUCTS

                                                                        DISTRIBUTOR

                                                                         

                                                                         

CORPORATE PROFILE

 

OPERATING  TREND                            :           STABLE                       

PRESENT  SITUATION                          :           OPERATING  NORMALLY                     

REPUTATION                                       :           -

MANAGEMENT  STANDARD                 :           -                      

 

 

 

 

 


HISTORY

 

The  subject  was  established  on  June  28,  2011  as  a  limited  partnership under  the  name style  TAVIKITICHAI  LIMITED  PARTNERSHIP  by  Thai  partners,  with  the  business  objective to operate a convenience  store, distributing  foods,  beverage  and consumer  products  to  domestic  market.  It  currently  employs  3  staff.  

 

The  subject’s  registered  address  is   48/56  Soi  47,  Sukhapibal  5  Rd.,  Au-ngurn,  Saimai,  Bangkok  10220,  and  this  is  the  subject’s  current  operation  address.  

 

 

AUTHORIZED PERSON

 

Mrs. Pornphan  Pitilert-apinont  can  sign  on  behalf  of  the  subject  with  seal  affixed.  She  also  bears  fuul  financial  responsibility  by  law.

 

 

MANAGEMENT

 

Mrs. Pornphan  Pitilert-apinont  is  the  Managing  Partner.

She  is  Thai  nationality  with  the  age  of  47  years  old.  

 

 

BUSINESS OPERATIONS

 

The subject is engaged in convenience  store  business,   distributing various  kinds  of  consumer products, including foods, personal cares, canned products, snack foods,  stationery,  bakery,  beverages,  household  goods  and etc.,  under  the  name  “TAVIKITICHAI  STORE”.

 

PURCHASE

100%  of  the  products  is  purchased  from  local  suppliers.

 

MAJOR  SUPPLIER

Sahapathanapibul  Public  Co.,  Ltd.

 

SALES

The  products  are   sold  locally  by  retail  to  end-users.

 

RELATED  AND  AFFILIATED  COMPANY

High  Quality  Tech  Co.,  Ltd.

Business  Type  :  Construction  contractor

 

 

 

 

 

 

LITIGATION

 

Bankruptcy  and  Receivership

There  are  no  litigation  on  bankruptcy  and  receivership  cases  filed  against  the  subject  found  at  Legal  Execution  Department  for  the  past  five  years.

 

Others

There  are  no  legal  suits  filed  against   the  subject  for  the  past  two  years.

 

CREDIT  

Sales  are  by  cash.

Local  bills  are  paid  by  cash  or  on  the  credits  term  of  30-60  days.

 

BANKING

The  subject  was  not  disclosed  its  banker’s  name.

 

EMPLOYMENT

The  subject  employs  3  staff. 

 

LOCATION  DETAILS

The  premise  is  owned  for  administrative  office and  store at  the  heading  address.  Premise  is  located  in  commercial/residential area.

 

REMARK

Any  credit  requested  is not  recommended  at  a  time  being. 

 

COMMENT

Subject  is  a  newly established  firm  engaged  in convenience store  business.   Subject  operates a  small  convenience  store  under  its  owned  name.   Strong  rivals  in  the  same  business  such  as  Seven-Eleven  and  Family  Mart are  performed  well,  while  new  player would  have  less  opportunity  in  the market.

 

 

FINANCIAL INFORMATION

 

The  capital  was  registered  at  Bht. 100,000  which was carried by  3  persons  as  followed:

 

            Name                                       Age      Amount

 

Mrs. Pornphan  Pitilert-apinont    47         Bht.  50,000      [Unlimited  Partner]

Ms. Chutimapha  Sonnaya                      54         Bht.  49,900

Mr. Nathawut  Khampasee                      35         Bht.      100

 

NAME  OF  AUDITOR  &  CERTIFIED  PUBLIC  ACCOUNTANT  NO. :

None.

 

Note.

The 2011 financial  statement has yet  been submitted to the  Commercial Registration  Department  during  investigation.


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.51.20

UK Pound

1

Rs.81.50

Euro

1

Rs.67.15

 

 

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.