MIRA INFORM REPORT

 

 

Report Date :

27.04.2012

 

IDENTIFICATION DETAILS

 

Name :

CUSTOM TRADE CO., LTD.

 

 

Registered Office :

1F.,No.18,Alley 1,Lane 341,Sec.3,Mingjhih Rd., Taishan Dist., New Taipei City 243

 

 

Country :

Taiwan

 

 

Date of Incorporation :

14.06.2007

 

 

Com. Reg. No.:

28736256

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Trading of disk raw materials, etc

 

 

No. of Employees :

07

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct 

 

 

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:

Custom Trade Co., Ltd.

Supplied Name:

Custom Trade Co Limited

Trading Address:

No. 13 Lane 351 Ming Chi Road Taisun Hsian Taipei County 243

Supplied Address:

No. 13 Lane 351 Ming Chi Road Taisun Hsian Taipei County 243

Telephone Number:

+886-2-2906-6688

Fax Number:

+886-2-2906-5958

E-mail:

credwell@gmail.com

Notes: Subject’s exact name and address are as above.

 

 

Company Identification Details

 

Registered Name:

Custom Trade Co., Ltd.

Registered Address:

1F.,No.18,Alley 1,Lane 341,Sec.3,Mingjhih Rd., Taishan Dist., New Taipei City 243, Taiwan (R.O.C.)

Date of Foundation:

2007-6-14

Registration Number:

28736256

Registry:

New Taipei City Government

Registered Capital:

NTD 5,000,000 (USD 169,500)

(As of 2012.04, 1 NTD = 0.0339 USD)

Legal Representatives:

Jianguo Li

Legal Form:

Private Limited Company

Principal Activities:

Trading of disk raw materials, etc

Staff:

7 employees

Listed at Stock Exchange:

No

Date of Last Annual Return:

2010-7-28

 

History

 

Subject was incorporated on 2007-6-14 with registered number 28736256 as Private Limited Company in Taiwan.

 

 

Shareholders

(Unit: NTD)

Name

Subscription Amount

Jianguo Li

5,000,000         

 

 

 

Subsidiaries & Branches

 

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

 

 

Personnel Information

 

Core Management

Director

Name

Jianguo Li

Position

Director

Personnel Structure

Total Employees

7 employees

 

 

Operation Information

 

Offices & Factories

 

Headquarters

Add

No. 13 Lane 351 Ming Chi Road Taisun Hsian Taipei County 243

 

Production Information

l         Subject is a trader of disk raw materials without any production activities itself.

 

Purchase Information

l         The registered activities of subject:

Business Code

Details

F106030

Wholesales of mould

F107020

Wholesales of dyestuff

F107200

Wholesales of chemical materials

F109070

Wholesales of culture and education products, instrument and Recreational supplies

F113050

Wholesales of computers and other transaction equipment

F401010

International trading Business

F107170

Wholesales of industrial additives

F107990

Wholesales of other chemical products

F119010

Wholesales of electronic materials

ZZ99999

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

 

l         Subject purchases mainly from domestic market and it is introduced that subject purchases disk Raw Materials from Credwell Technology Co., Ltd in Taiwan.

 

Sales Information

l         The subject is mainly engaged in sales of disk Raw Materials, etc

l         Subject also supplies Fluorinated water repellent agent for textile industry

l         Subject’s products are both sold in domestic and overseas market.

 

Major products sold

Product

Detailed Items

Disk raw materials

DVD+-R 8X, DVD+-R 16X Stamper

Dye

Filter Cartridge UV Light

PC materials

Twelve-color printing ink

Sand paper scroll for polishing

Disk mould

AWM mould

AXXICON mould

MEIKI mould

KM mould

Pioneer mould

Blank disk

DVD-R 8X, DVD+-R 16X blank disk

CD-R 52X blue disk, Platinum disk

Bluray Disc

Fluorinated water repellent agent

--

 

Import and export right:

Import right

Yes

Export right

Yes

 

 

Settlements

 

Purchase

Domestic Purchase

Product

Payment Terms

Proportion

Disk raw materials, etc

Credit Sales, COD, etc

100%

 

Foreign Purchase

Subject has little import business

Sales

Domestic Markets

Product

Sales Terms

Proportion

Disk raw materials, etc

CBD, etc

100%

 

Export

Product

Sales Terms

Proportion

Disk raw materials, etc

CBD, etc

100%

 

 

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 Mr. Li 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.

 

 

Interview Details

 

Name

Mr. Li

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.52.57

UK Pound

1

Rs.85.03

Euro

1

Rs.69.56

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.