MIRA INFORM REPORT

 

 

Report Date :           

17.04.2012

 

IDENTIFICATION DETAILS

 

Name :

WEI LI WATER FOWL ENTERPRISE CO., LTD.

 

 

Formerly Known As :

Wei Li Electronic Co., Ltd.

 

 

Registered Office :

5F.-8, No.107, Sec. 1, Zhongshan Rd., Xinzhuang Dist., New Taipei City 242

 

 

Country :

Taiwan

 

 

Date of Incorporation :

13.08.2007

 

 

Com. Reg. No.:

28701756

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Import and trading of aquatic, 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 10,000

Status :

Moderate

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)

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:

Wei Li Water Fowl Enterprise Co., Ltd.

Supplied Name:

Wei Li Water Fowl Enterprise Co Ltd.

Trading Address:

5F.-8, No.107, Sec. 1, Zhongshan Rd., Xinzhuang Dist., New Taipei City 242, Taiwan (R.O.C.)

Supplied Address:

5F-8, No. 107, Sec. 1, ZhongShan Rd., XinZhaung District New Taipei City

Telephone Number:

+886-2-85227519

Fax Number:

+886-2-85227523

 Notes:

The exact subject’s name and address are as above mentioned.

 

 

Credit Summary

 

Credit Rating:

Maximum credit USD 10,000

Credit Opinion:

Business connections are permissible.

 

 

Company Identification Details

 

Registered Name:

Wei Li Water Fowl Enterprise Co., Ltd.

Registered Address:

5F.-8, No.107, Sec. 1, Zhongshan Rd., Xinzhuang Dist., New Taipei City 242, Taiwan (R.O.C.)

Date of Foundation:

2007-8-13

Registration Number:

28701756

Registry:

New North Municipal Government

Registered Capital:

NTD 8,000,000 (USD 264,000.00)

(As of 2012.04, 1 NTD = 0.033 USD)

Paid-up Capital:

NTD 8,000,000 (USD 264,000.00)

Legal Representatives:

Houzhen Lin

Legal Form:

Private Limited Liability Company

Principal Activities:

Import and trading of aquatic, etc.

Staff:

N/A

Listed at Stock Exchange:

No

Date of Last Annual Return:

2010-11-15

Notes:

Subject declined to introduce its staff number.

 

 

History

 

Subject was incorporated on 2007-8-13 with registered number 28701756 as Private Limited Liability Company in Taiwan.

 

Change of Name

Former English Name

Wei Li Electronic Co., Ltd.

Current English Name

Wei Li Water Fowl Enterprise Co., Ltd.

 

 

Shareholders

 (Unit: NTD)

Name

Subscription Amount

Houzhen Lin

6,000,000         

 

 

 

Personnel Information

 

Core Management

Directors

Name

Houzhen Lin

Position

Director

 


Operation Information

 

Offices & Factories

 

Headquarters

Add

5F.-8, No.107, Sec. 1, Zhongshan Rd., Xinzhuang Dist., New Taipei City 242, Taiwan (R.O.C.)

 

Production Information

l         Subject has no production line.

 

Purchase Information

l         The registered activities of subject:

Business Code

Details

F401010

International trade

F101050 

Wholesaling of Aquatic

F101130

Wholesaling of vegetables and fruit

F102170

Wholesaling of Food even goods

F201010

Retailing of agriculture products

F201030

Retailing of Aquatic

F203010

Retailing of Food even goods, beverages

ZZ99999 

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

l         Subject purchases aquatic, etc.

l         Subject mainly purchases from foreign markets.

l         Subject imports from America, etc.

 

Sales Information

l         The subject is mainly engaged in trading of aquatic, etc.

l         Subject’s main markets are domestic markets.

l         Subject seldom exports.

l         Subject’s customers are restaurants, supermarkets, etc.

Import and export right:

Import right

Yes

Export right

Yes

 

 

Settlements

 

Purchase

Domestic Purchase

Notes: Subject mainly imports.

Foreign Purchase

Product

Payment Terms

Proportion

Aquatic, etc.

CBD, etc.

100%

 

Sales

Domestic Markets

Product

Sales Terms

Proportion

Aquatic, etc.

COD, etc.

100%

 

Export

Notes: Subject seldom exports.

 

 

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

 

 

Interview Details

 

Name

Ms. Zhang

E-mail

weilienterprise180@gmail.com

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.51.66

UK Pound

1

Rs.81.80

Euro

1

Rs.67.18

 

 

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.