MIRA
INFORM REPORT
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Report Date : |
30.01.2012 |
IDENTIFICATION DETAILS
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Name : |
EXCELLENCY PTE. LTD |
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Registered Office : |
1, North Bridge Road 07-10, High Street Centre Singapore 179094 |
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Country : |
Singapore |
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Date of Incorporation : |
17.07.2007 |
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Com. Reg. No.: |
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Legal Form : |
Private Limited Exempt Company |
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Line of Business : |
46900 Trading and Dealing in Jewellery |
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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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Maximum Credit Limit : |
USD 5,000 |
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Status : |
Moderate |
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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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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: |
Excellency Pte.
Ltd. |
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Supplied Name: |
Excellency Pte
Ltd. |
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Supplied
Address: |
1, North Bridge
Road 07-10, High Street Centre Singapore 179094 |
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
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 trading and dealing in jewellery, 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
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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MADHULIKA NIRAV SANGHVI |
1,000,000 |
100% |
Major Shareholder
Information:
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Name: |
MADHULIKA NIRAV SANGHVI |
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ID Number: |
F7798268 |
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Address: |
19 Sudarshan, Malabar Hill |
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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:
|
1 |
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Name: |
MADHULIKA NIRAV SANGHVI |
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Position: |
Director |
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ID Number: |
F7798268 |
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Address: |
19 Sudarshan, Malabar Hill |
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Nationality: |
Indian |
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Date of Appointment: |
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2 |
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Name: |
DILIP DINDAYAL BHATIA |
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Position: |
Director |
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ID Number: |
G6486948K |
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Address: |
138 Race Course Road#04-02, Race Course 138,
Singapore 218591 |
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Nationality: |
Indian |
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Date of Appointment: |
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3 |
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Name: |
SUHASHINI D/O SURANAD |
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Position: |
Secretary |
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ID Number: |
S |
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Address: |
355 Hougang Avenue 7, #02-769, Singapore 530355 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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Operation
Information
Offices &
Factories
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|
Office |
|
Address: |
1
North Bridge Road, #07-10, High Street Centre Singapore 179094 |
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
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Trading and dealing in jewellery |
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
|
Name: |
JPL WONG &
CO |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.64 |
|
|
1 |
Rs.77.79 |
|
Euro |
1 |
Rs.65.04 |
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 |
-- |
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.