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MIRA INFORM REPORT
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Report Date : |
09.02.2012 |
IDENTIFICATION DETAILS
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Name : |
SILVIA SHIPTRADE (S) PTE LTD |
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Registered Office : |
120 Lower Delta Road, #11-09 Cendex Centre Singapore 169208 |
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Country : |
Singapore |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
09.10.1996 |
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Com. Reg. No.: |
199607278E |
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Legal Form : |
Private Limited Exempt Company |
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Line of Business : |
Retail sale of sporting equipment |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 10,000 |
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Status : |
Moderate |
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Payment
Behaviour : |
No Complaints |
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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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Singapore |
a1 |
a1 |
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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
Note:
The exact name and address are as above.
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
Special
Note
According to the supplied name and address, we found a
telephone number (+65-62244454), and we contacted the subject. A lady answered
the phone, but she refused to disclose the information about subject except the
name and address of subject. And from other sources, we found an E-mail (jesprit@silviashiptrade.com.sg),
we sent an E-mail to this E-mail address, but until now, there’s no response.
The registration
files show that subject is engaged in retail sale of sporting equipment
(including bicycles, boats and healthcare equipment), since we did not get in
touch with subject, we can not confirm the information.
We found subject’s
registration information as follows for reference.
Company
Identification Details
Note:
The staff number is not available from the subject or other sources.
History
Subject was incorporated on
Shareholders
|
Subscription Amount |
Proportion of Investment (%) |
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|
MOHAMMED MUJIBUR RAHMAN MILON |
1,900,000 |
95% |
|
FERDOUS RAHMAN |
100,000 |
5% |
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Total |
2,000,000 |
100% |
Major Shareholder
Information:
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1 |
|
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Name: |
MOHAMMED MUJIBUR
RAHMAN MILON |
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ID Number: |
S2722896H |
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Address: |
6 SWISS CLUB
ROAD Singapore 288141 |
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Nationality: |
Singapore P.R. |
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2 |
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Name: |
FERDOUS RAHMAN |
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ID Number: |
S |
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Address: |
6 SWISS CLUB
ROAD Singapore 288141 |
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Nationality: |
Singapore P.R. |
Subsidiaries &
Branches
Subject did not register any subsidiaries or branches, from other source we
can not obtain the relevant information, either.
Manage
Information
Detailed
Information of Management:
|
1 |
|
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Name: |
VENKATARAMAIYER
SIVARAMAKRISHNAN |
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Position: |
Secretary |
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ID Number: |
S |
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Address: |
666 Yishun
Avenue 4 #05-159 Singapore 760666 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
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2 |
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Name: |
MOHAMMED MUJIBUR
RAHMAN MILON |
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Position: |
Director |
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ID Number: |
S2722896H |
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Address: |
6 Swiss Club
Road Singapore 288141 |
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Nationality: |
Singapore P.R. |
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Date of
Appointment: |
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3 |
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Name: |
FERDOUS RAHMAN |
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Position: |
Director |
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ID Number: |
S |
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Address: |
6 Swiss Club
Road Singapore 288141 |
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Nationality: |
Singapore P.R. |
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Date of
Appointment: |
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4 |
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Name: |
F M AFTAB UDDIN |
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Position: |
Director |
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ID Number: |
S |
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Address: |
308b Anchorvale
Road #06-80 Singapore 542308 |
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Nationality: |
Singapore Citizen |
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Date of
Appointment: |
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Operation
Information
Offices
& Factories
|
|
Office |
|
Address: |
120 Lower Delta
Road, #11-09 Cendex Centre Singapore 169208 |
Operation
Information
Subject declined to disclose the operation information about subject.
We obtained the registered activities of the subject as follows for
reference.
|
Business Code |
Details |
|
47630 |
Retail sale of
sporting equipment (including bicycles, boats and healthcare equipment) |
|
46900 |
General
wholesale trade (including general importers and exporters) |
Settlements
Subject declined
the settlements information, and from other sources, we couldn’t obtain the
information, either.
Balance
Sheet
Unit: USD
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|
|
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Total Assets |
5,721,786.00 |
23,574,024.00 |
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Total Current Assets |
5,690,935.00 |
23,528,068.00 |
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Total Non-Current Assets f.k.a. [Fixed And Others] |
30,851.00 |
45,956.00 |
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Total Liabilities |
4,256,903.00 |
22,104,684.00 |
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Total Current Liabilities |
4,254,078.00 |
22,102,143.00 |
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Total Non-Current Liabilities |
2,825.00 |
2,541.00 |
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Total Equity f.k.a [Shareholder's Funds] |
1,464,883.00 |
1,469,340.00 |
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Paid-Up Capital |
975,610.00 |
975,610.00 |
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Share Capital |
- |
- |
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Other Reserves, Total f.k.a. [Reserves] |
489,273.00 |
493,730.00 |
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Retained Earnings/(Accumulated Loss) |
0.00 |
0.00 |
Profit/Loss
Account
Unit: USD
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|
2006 |
2005 |
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Revenue f.k.a [Sales Turnover And Other Operating Revenues] |
99,866,181.00 |
82,370,696.00 |
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Profit/(Loss) before Tax from Continuing Operations f.k.a [Profit/(Loss) before tax] |
138,085.00 |
87,572.00 |
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Profit/(Loss) after Tax from Continuing Operations f.k.a [Profit/(Loss) After Tax] |
117,060.00 |
75,196.00 |
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Net Income/(Loss) From Extraordinary And Non-Operating
Items |
0.00 |
0.00 |
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Profit/(Loss) After Tax and Extraordinary Items |
117,060.00 |
75,196.00 |
Note:
The latest financial information is not available from the subject or other sources.
Bankers
The bankers’ information is not available from the
subject or other sources.
Auditors
|
Name: |
MGI N RAJAN
ASSOCIATES |
Public
Charges
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Charge Number: |
C200808084 |
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Date of
Registration: |
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Name: |
UNITED OVERSEAS
BANK LIMITED |
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Amount Secured: |
All Monies |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.07 |
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UK Pound |
1 |
Rs.78.09 |
|
Euro |
1 |
Rs.65.15 |
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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.