|
Report Date : |
27.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
LEADSEW INDUSTRIAL CORPORATION |
|
|
|
|
Registered Office : |
9f-1, No.301, Sung Chiang Rd., Taipei |
|
|
|
|
Country : |
Taiwan |
|
|
|
|
Date of Incorporation : |
04.06.1979 |
|
|
|
|
Com. Reg. No.: |
12229584 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Trade of beef, mutton and fried chips. |
|
|
|
|
No. of Employees : |
Not Available |
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Taiwan |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Notes:
The supplied address is incomplete, and the exact address is as above.
|
Credit Opinion: |
Subject declined
to disclose the staff number, and from other sources, we couldn’t obtain the information,
either.
Subject was incorporated on
Awards
|
Year |
Awards |
|
2008 |
Blue chip importer and exporter |
|
2010 |
Blue chip importer and exporter |
Standard of Blue
chip importer and exporter
Unit:
USD
|
Year |
Amount |
|
2008 |
19,000,000 |
|
2010 |
20,000,000 |
|
Name |
Subscription
Amount |
|
Jinghe Xu |
42,000,000 |
The information
above is that of subject’s major shareholders.
|
Name |
Keeper Co., Ltd. |
|
Address: |
|
Office:
|
Address: |
|
Core
Management
Directors
|
Name |
Jinghe Xu |
|
Position |
Director |
Offices
& Factories
|
|
Headquarters |
|
Add |
|
Production
Information
l
Subject is a trader of beef, mutton and fried chips
and the related products without any production activities
Purchase
Information
l
The registered activities of subject:
|
Business Code |
Details |
|
1 |
Trade of food
and cans |
|
2 |
General import
and export. |
|
3 |
Trading and
investment of the products above. |
l
The productions are purchased from abroad.
l
Subject is mainly engaged in trading of kinds of
beef, mutton, and potato products, such as fried chips.
l
Subject introduced that the products are imported
from abroad, such as U.S.A, Canada, Australia, New Zealand and so on.
l
Subject introduced that it mainly sells in the
domestic market.
Import and export
right:
|
Import right |
Yes |
|
Export right |
Yes |
Purchase
Subject seldom purchases the products from domestic market.
Foreign Purchase
|
Payment Terms |
Proportion |
|
|
Beef, mutton,
and potato products |
L/C , T.T, etc. |
100% |
Sales
Domestic Markets (Taiwan)
|
Sales Terms |
Proportion |
|
|
Beef, mutton,
and potato products |
Cash, Credit
Card, Check, etc. |
100% |
Export
Subject introduced that it doesn’t export.
Subject has no obligations to disclose its financial statements to the
third party according to the relevant policy in Taiwan and the only source from
which we can obtain the information is the subject itself.
Subject’s relevant staff Mr. Cai declined to disclose its financials
citing the grounds of company’s confidentiality; from other source we can not
obtain the relevant information, either.
The bankers’ information is not available from the subject or other
sources.
Mortgage
No chattel mortgage record of subject has been found within the recent 3
months.
Lawsuit
Up to date of
reporting, no existing or latent litigation of the subject has been found.
|
Name |
Mr. Cai |
|
Position |
Sales Manager |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.95 |
|
|
1 |
Rs.86.56 |
|
Euro |
1 |
Rs.67.95 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.