MIRA
INFORM REPORT
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Report Date : |
07.01.2012 |
IDENTIFICATION DETAILS
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Name : |
BRIDGE LEANING LTD |
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Registered Office : |
417 Ichikannoncho Kamigyoku Kyoto 602-8335 |
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Country : |
Japan |
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Date of Incorporation : |
October 2009 |
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Com. Reg. No.: |
1300-01-044206 |
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Legal Form : |
Limited Company |
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Line of Business : |
Import of Houghton Muffin and other school materials |
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No. of Employees : |
1 |
RATING & COMMENTS
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MIRAs Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Small Company |
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Payment Behaviour : |
Unknown |
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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 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Japan |
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 |
Company name and address
BRIDGE LEANING LTD
REGD NAME: Bridge
Learning YK
MAIN OFFICE: 417 Ichikannoncho
Kamigyoku Kyoto 602-8335 JAPAN
Tel:
075-465-5058 Fax: 075-606-8926
URL: http://www.bridgelearning.org/
E-Mail address: info@bridgelearning.org
ACTIVITIES
Import of Houghton
Muffin and other school materials
BRANCHES
Nil
OFFICER(S)
MYUMIKITMURA, PRES
Yen Amount: In million Yen, unless otherwise stated
SUMMARY
FINANCES UNDETD A/SALES Yen 100 M*
PAYMENTS REGULAR CAPITAL Yen 5 M
TREND UNDETD WORTH Yen
5 M
STARTED 2009 EMPLOYES 1
* Estimated
figures only as financials not disclosed
COMMENT
IMPORTER OF
HOUGHTON MUFFIN TEXT BOOKS.
FINANCIAL
SITUATION UNDETERMINED DUE TO THE RECENT INCEPTION BUT SHOULD BE GOOD FOR MODERATE
BUSINESS ENGAGEMENTS.
MAX CREDIT LIMIT:
UNABLE TO BE ASSESSED DUE TO THE LACK OF
PROVEN BUSINESS AND FINANCIALS.
HIGHLIGHTS
The subject company was established
by Bridge Leaning Ltd, Hong Kong, as its branch office in Japan. The firm imports Houghton Muffin and other school
text books & materials. Books are
imported from its Hong Kong Headquarters only and no other suppliers. Clients are international schools &
private bilingual schools. The firm
declined to divulge any further information saying that their business is only
with Hong Kong Headquarters and financials are handled by them.
FINANCIAL INFORMATION
The sales volume for Dec/2010 fiscal
term is believed posted at Yen 100 million, unchanged from the previous
term. This is only estimated and not
verified by outside sources. The firm
said nothing about the financials.
Both the financial situation and
business trends are not determined due to the recent inception and lack of
proven business results, but should be good for MODERATE business engagements. Max credit limit cannot be assessed due to
the lack of financials and other relative information, which the firm again
refused to disclose.
REGISTRATION
Date Registered: Oct
2009
Regd No.:
1300-01-044206 (Kyoto-Kamigyoku)
Legal Status: Limited Company (Kabushiki Gaisha)
Authorized Capital: 5,000 shares
Issued Capital: 500 shares
Regd Capital: Yen 5 million
Major
shareholders (%): Bridge Leaning Ltd, Hong Kong (100)
Nothing
detrimental is known as to the commercial morality of executives.
OPERATION
Activities: Imports and wholesales (including
retailing) Houghton Muffin textbooks and other school materials (--100%).
Clients: International schools, private bilingual
schools, other
No. of accounts:
Unavailable
Domestic areas of
activities: Nationwide
Suppliers: [Mfrs] Supplied wholly from Bridge Leaning
Ltd, Hong Kong and group firms.
Payment record: Regular
Location: Business area in
Kyoto. Office premises at the caption
address are owned Mayumi Kitmura as her private residence and maintained
satisfactorily.
Bank References:
Local Bank (Not
disclosed)
Relations: Money
deposits & transfers only
FINANCES
(In Million Yen)
NOT MADE
AVAILABLE.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.52.78 |
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1 |
Rs.81.79 |
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Euro |
1 |
Rs.67.46 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 SCs 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.