MIRA INFORM REPORT

 

 

Report Date :           

26.07.2012

 

IDENTIFICATION DETAILS

 

Name :

EUTECH INSTRUMENTS PTE LTD

 

 

Registered Office :

Blk 55, Ayer Rajah Crescent, #04 - 16/24, Singapore 139949

 

 

Country :

Singapore

 

 

Date of Incorporation :

1990

 

 

Com. Reg. No.:

199606802C

 

 

Legal Form :

Private Subsidiary

 

 

Line of Business :

Manufacture of medical and surgical equipment and orthopaedic appliances

 

 

No. of Employees :

100

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

No Complaints

 

 

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)

Singapore

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

COMPANY NAME & ADDRESS

 

Eutech Instruments Pte Ltd                                                                                                                           

 

Blk 55, Ayer Rajah Crescent, #04 - 16/24

Singapore, 139949

Singapore

Tel: +65 67786876

Fax: +65 67730836

Website: www.eutechinst.com

 

Employees:            100

Company Type:      Private Subsidiary

Corporate Family:   3 Companies

Ultimate Parent:     Cole Palmer Ts

                            

Incorporation Date: 1990

Financials in:           USD (Millions)

                               

Fiscal Year End:      31-Dec-2009

Reporting Currency:  US Dollar

Annual Sales:          17.5

Total Assets:           NA

 

 

Business Description     

 

 

Established in 1990, Eutech Instruments Pte Ltd. provides services for the design and manufacture of sensor-based instruments for water quality analysis. The company also manufactures a range of instruments for measuring conductivity, salinity, turbidity, temperature, ions, oxygen reduction potential, and dissolved oxygen and solids for educational, laboratory and industrial applications. It supplies a variety of thermometers, pocket testers, electrodes, palmtops, colorimeters and process instruments for chemical production, environmental monitoring, water and wastewater treatment, and agriculture research and production. In addition, the company offers instruments for electronic production, food processing, and chemical, life sciences, biochemical and pharmaceutical research. It supplies various application-specific integrated circuit instruments and colour touchscreen research-grade bench meters that feature customised liquid crystal displays, detachable electrode stands, built-in memory and slide-out instruction cards.

 

 

Industry      

 

 

Industry             Medical Equipment and Supplies

ANZSIC 2006:    2419 - Other Professional and Scientific Equipment Manufacturing

NACE 2002:       3310 - Manufacture of medical and surgical equipment and orthopaedic appliances

NAICS 2002:      339111 - Laboratory Apparatus and Furniture Manufacturing

UK SIC 2003:     3310 - Manufacture of medical and surgical equipment and orthopaedic appliances

US SIC 1987:     3821 - Laboratory Apparatus and Furniture

 

 

Key Executives     

 

 

Name

Title

Bhaskar Narayanan

Managing Director / Director

Vincent Chong

Finance Director

Mary Lee

Administration Executive

Jimmy Seow

Information Technology Manager

Chee Lee

Director Operations

 

Registered No.(Asia):199606802C

Registered No.(SGP):199606802C

 

1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1

 

 

Corporate Overview

 

Location
Blk 55, Ayer Rajah Crescent, #04 - 16/24
Singapore, 139949
Singapore

 

Tel:+65 67786876

Fax:+65 67730836

 

Sales USD(mil):             17.5

Assets USD(mil):           NA

Employees:                   100

Fiscal Year End:            31-Dec-2009

 

Industry:                        Medical Equipment and Supplies

Incorporation Date:         1990

Company Type:             Private Subsidiary

Quoted Status:              Not Quoted

Registered No.(SGP):     199606802C

Registered No.(Asia):     199606802C

 

General Manager / Manager: S. Raghuraman

 

 

Industry Codes

 

ANZSIC 2006 Codes:

2419

-

Other Professional and Scientific Equipment Manufacturing

2411

-

Photographic, Optical and Ophthalmic Equipment Manufacturing

NACE 2002 Codes:

3340

-

Manufacture of optical instruments and photographic equipment

3320

-

Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment

3310

-

Manufacture of medical and surgical equipment and orthopaedic appliances

 

NACE 2002 Codes:

3340

-

Manufacture of optical instruments and photographic equipment

3320

-

Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment

3310

-

Manufacture of medical and surgical equipment and orthopaedic appliances

 

NAICS 2002 Codes:

334514

-

Totalizing Fluid Meter and Counting Device Manufacturing

334515

-

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals

339111

-

Laboratory Apparatus and Furniture Manufacturing

334516

-

Analytical Laboratory Instrument Manufacturing

333314

-

Optical Instrument and Lens Manufacturing

 

US SIC 1987:

3826

-

Laboratory Analytical Instruments

3821

-

Laboratory Apparatus and Furniture

3827

-

Optical Instruments and Lenses

3825

-

Instruments for Measuring and Testing of Electricity and Electrical Signals

3824

-

Totalizing Fluid Meters and Counting Devices

 

UK SIC 2003:

33402

-

Manufacture of optical precision instruments

3310

-

Manufacture of medical and surgical equipment and orthopaedic appliances

3320

-

Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment

 

 

Business Description

 

Established in 1990, Eutech Instruments Pte Ltd. provides services for the design and manufacture of sensor-based instruments for water quality analysis. The company also manufactures a range of instruments for measuring conductivity, salinity, turbidity, temperature, ions, oxygen reduction potential, and dissolved oxygen and solids for educational, laboratory and industrial applications. It supplies a variety of thermometers, pocket testers, electrodes, palmtops, colorimeters and process instruments for chemical production, environmental monitoring, water and wastewater treatment, and agriculture research and production. In addition, the company offers instruments for electronic production, food processing, and chemical, life sciences, biochemical and pharmaceutical research. It supplies various application-specific integrated circuit instruments and colour touchscreen research-grade bench meters that feature customised liquid crystal displays, detachable electrode stands, built-in memory and slide-out instruction cards.

 

 

 

 

More Business Descriptions

Eutech Instruments Pte Ltd is primarily engaged in manufacturing laboratory apparatus and laboratory and hospital furniture (except dental). Examples of products made by these establishments are hospital beds, operating room tables, laboratory balances and scales, furnaces, ovens, centrifuges, cabinets, cases, benches, tables, and stools.

 

Instruments to measure electricity

 

 

Financial Data

 

Financials in:

USD(mil)

 

1 Year Growth

Revenue:

17.5

NA

Date of Financial Data:

31-Dec-2009

 

 

 

 

 

 

Corporate Structure News

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

Cole Palmer Ts

Parent

 

 

 

 

 

Eutech Instruments Pte Ltd

Subsidiary

Singapore

Singapore

Medical Equipment and Supplies

17.5

100

Eutech Instruments Europe B.V.

Subsidiary

Nijkerk Gld, Gelderland

Netherlands

Miscellaneous Capital Goods

 

8

 Total Corporate Family Members: 3

 

 

 

 

 

 

 

 

Executives

 

Name

Title

Function

S. Raghuraman

 

General Manager / Manager

Division Head Executive

V. Srinidhi

 

General Manager / Manager

Division Head Executive

Bhaskar Narayanan

 

Managing Director / Director

Managing Director

Chee Lee

 

Director Operations

Operations Executive

Mary Lee

 

Administration Executive

Administration Executive

Vincent Chong

 

Finance Director

Finance Executive

Jimmy Seow

 

Information Technology Manager

Information Executive

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.56.02

UK Pound

1

Rs.86.89

Euro

1

Rs.67.84

 

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

 

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.