MIRA INFORM REPORT
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Report Date : |
17.01.2012 |
IDENTIFICATION DETAILS
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Name : |
NATURAL VALLEY TRADING CO PTE. LTD. |
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Registered Office : |
89 Short Street #03-01 Golden Wall Centre Singapore 188216 |
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Country : |
Singapore |
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Date of Incorporation : |
07.07.2010 |
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Com. Reg. No.: |
201014367D |
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Legal Form : |
Private Limited Exempt Company |
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Line of Business : |
General Wholesale Trade |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
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MIRA’s 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 30th, 2011
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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
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Company Name: |
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Supplied Name: |
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Supplied
Address: |
No.-89 Shorf Street, No. 03-01 Golden Wall Centre Singapore 188216 |
Special
Note
According to the supplied name and address, we couldn’t obtain
the contact methods of subject. And if
you can supply a photocopy of subject's letterhead, a current telephone or fax
number for the company, we shall be pleased to have the investigation resumed.
The registration
files show that subject is engaged in general wholesale trade, 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
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Registered Name: |
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Registered
Address: |
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Date of
Registration:: |
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Registered
Number: |
201014367D |
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Country of
Incorporation: |
Singapore |
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Registered
Capital: |
USD 60,000.00 |
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Paid-up Capital: |
USD 60,000.00 |
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Legal Form: |
Private Limited
Exempt Company |
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Principal
Activities: |
46900 General
wholesale trade (including general importers and exporters) |
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N/A |
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No. |
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Date of Last
Annual Return: |
N/A |
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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PATEL
ARVINDKUMAR MAGANBHAI |
30,000 |
50% |
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PATEL HARESH
KUMAR |
30,000 |
50% |
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Total |
60,000 |
100% |
Major Shareholder
Information:
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1 |
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Name: |
PATEL
ARVINDKUMAR MAGANBHAI |
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ID Number: |
G6478191 |
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Address: |
No.2815/1 Old
No:38/39 Geethanjali I S M Road, T Dasarahalli Bangalore 560094 India |
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Nationality: |
Indian |
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2 |
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Name: |
PATEL HARESH
KUMAR |
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ID Number: |
Z1731553 |
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Address: |
No 2/2 And 2/3
Tumkur Road,1st Phase Peenya Industrial Area, Banglore 560058 India |
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Nationality: |
Indian |
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:
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1 |
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Name: |
PATEL
ARVINDKUMAR MAGANBHAI |
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Position: |
Director |
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ID Number: |
G6478191 |
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Address: |
No.2815/1 Old
No:38/39 Geethanjali I S M Road, T Dasarahalli Bangalore 560094 India |
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Nationality: |
Indian |
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Date of
Appointment: |
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2 |
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Name: |
RAMACHANDRAN S/O
SITHAMBARA MASHUWARAYAR |
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Position: |
Director |
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ID Number: |
S |
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Address: |
40 Sims Drive
#10-229 Singapore 380040 |
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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: |
GOVINDARAJAN
SATHIYA |
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Position: |
Secretary |
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ID Number: |
S |
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Address: |
40 Sims Drive
#10-229 Singapore 380040 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
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4 |
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Name: |
PATEL HARESH
KUMAR |
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Position: |
Director |
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ID Number: |
Z1731553 |
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Address: |
No 2/2 And 2/3
Tumkur Road,1st Phase Peenya Industrial Area, Banglore 560058 India |
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Nationality: |
Indian |
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Date of
Appointment: |
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Operation
Information
Offices
& Factories
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Office |
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Address: |
Operation
Information
We contacted the subject unsuccessfully.
We obtained the registered activities of the subject as follows for
reference.
|
Business Code |
Details |
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46900 |
General wholesale
trade (including general importers and exporters) |
Settlements
Financial
Information
Subject has no obligations to disclose its financial statements to the
third party according to the relevant policy in Singapore and the only source
from which we can obtain the information is the subject itself.
Bankers
The bankers’ information is not available from the subject or other
sources.
Auditors
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Name: |
IR PRACTICE |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.51.65 |
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UK Pound |
1 |
Rs.79.09 |
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Euro |
1 |
Rs.65.32 |
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 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.