MIRA
INFORM REPORT
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Report Date : |
04.06.2012 |
IDENTIFICATION DETAILS
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Name : |
AIM CONTROLS PTE. LTD. |
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Registered Office : |
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Country : |
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Financials (as on) : |
30.04.2006 |
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Date of Incorporation : |
16.05.2005 |
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Com. Reg. No.: |
200506709N |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
Design, Supply, Installation & Servicing Of Bldg Automation System & Hvac Cont |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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 – March 31st, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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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: |
AIM CONTROLS
PTE. LTD. |
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Supplied Name: |
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Supplied
Address: |
BLK |
Credit
Summary
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Credit Opinion: |
We did not get in touch with subject, in view of the absence of
information about subject’s operation, caution should be exercised. |
Special
Notes
We tried to
contact subject through the supplied number +65-6743-4190, no one answered the phone,
we have tried for several times, but the results act as the same.
We failed to send
a fax through the supplied tax +65-6743-7547, either.
We did not find
any operation information or other valid contact of subject from public files
according to the supplied name or address.
Up to the date of
reporting, we failed to get in touch with subject, we supplied subject’s
principal activities in registration files as follows for reference.
43293--Design,
Supply, Installation & Servicing Of Bldg Automation System & Hvac Cont
27104--Design,
Supply & Installation Of Electrical Control Panel
If you kindly
supply other contact, we’d like to continue our investigation.
We found subject’s
registration files from local registry, supplying 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: |
200506709N |
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Country of
Incorporation: |
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Registered
Capital: |
SGD 100,000 (USD
78,360) (As of 2012.06,
1 SGD = 0.7836 USD) |
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Paid-up Capital: |
SGD 100,000 (USD
78,360) = 100,000 Shares@1 SGD |
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Legal Form: |
Limited Exempt
Private Company |
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Principal
Activities: |
43293--Design, Supply,
Installation & Servicing Of Bldg Automation System & Hvac Cont 27104--Design,
Supply & Installation Of Electrical Control Panel |
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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: |
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Notes: the staff number
is not available from subject or other sources.
History
Subject was
incorporated on
Shareholders
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Subscription
Amount |
Proportion
of Investment (%) |
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30,000 |
30% |
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Ng
Poh Chye |
15,000 |
15% |
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Goi
Chew Leng |
40,000 |
40% |
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Peh
Ee Sang |
15,000 |
15% |
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Total |
100,000 |
100% |
Major Shareholder
Information:
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1 |
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Name: |
Wong Kiah Sowan |
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ID Number: |
S |
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Address: |
2B Hong San Walk #12-06 Palm Gardens
Singapore 689048 |
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2 |
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Name: |
Ng Poh Chye |
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ID Number: |
S1830054J |
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Address: |
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3 |
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Name: |
Goi Chew Leng |
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ID Number: |
S7030928I |
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Address: |
19 Shelford Road #01-29 Singapore
288408 |
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4 |
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Name: |
Peh Ee Sang |
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ID Number: |
S7431208Z |
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Address: |
413B Fernvale Link #20-47 Singapore
792413 |
Subsidiaries &
Branches
Subject
did not register any subsidiaries or branches; from other source we can not
obtain the relevant information, either.
Management
Information
Detailed
Information of Management:
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1 |
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Name: |
Wong Kiah Sowan |
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Position: |
Director |
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ID Number: |
S |
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Address: |
2B Hong San Walk |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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2 |
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Name: |
Lah Lian Heok |
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Position: |
Secretary |
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ID Number: |
S1373207H |
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Address: |
20 Maxwell Road #08-03 Maxwell House Singapore
069113 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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3 |
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Name: |
Peh Ee Sang |
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Position: |
Director |
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ID Number: |
S7431208Z |
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Address: |
413B Fernvale Link #20-47 Singapore 792413 |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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Operation
Information
Up to the date of
reporting, we failed to get in touch with subject and we can not find any
operation information from public files, either, thus we supplied subject’s
principal activities in registration files as follows for reference.
43293--Design,
Supply, Installation & Servicing Of Bldg Automation System & Hvac Cont
27104--Design,
Supply & Installation Of Electrical Control Panel
Settlements
The settlement
information is not available from subject or other sources.
Balance
Sheet
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Total Assets |
43,840.00 |
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Total Current Assets |
41,815.00 |
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Total Non-Current Assets f.k.a. [Fixed And Others] |
2,025.00 |
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Total Liabilities |
2,549.00 |
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Total Current Liabilities |
2,549.00 |
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Total Non-Current Liabilities |
0.00 |
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Total Equity f.k.a [Shareholder's Funds] |
41,291.00 (USD 32,356) |
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Paid-Up Capital |
30,000.00 |
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Share Capital |
- |
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Other Reserves, Total f.k.a. [Reserves] |
11,291.00 |
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Retained Earnings/(Accumulated Loss) |
0.00 |
(As of 2012.06, 1 SGD = 0.7836 USD)
Profit/Loss
Account
Unit: SGD
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|
~ |
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Revenue f.k.a [Sales Turnover And Other Operating Revenues] |
47,987.00 (USD 37,603) |
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Profit/(Loss) before Tax from Continuing Operations f.k.a [Profit/(Loss) before tax] |
11,291.00 |
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Profit/(Loss) after Tax from Continuing Operations f.k.a [Profit/(Loss) After Tax] |
11,291.00 |
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Net Income/(Loss) From Extraordinary And Non-Operating
Items |
0.00 |
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Profit/(Loss) After Tax and Extraordinary Items |
11,291.00 |
(As of 2012.06, 1 SGD = 0.7836 USD)
Financial
Ratio
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~ |
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Earning Capacity |
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Rate of Net Profit on Sales (%) |
23.53 |
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Return of Investment (%) |
25.76 |
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Return of Shareholder's Funds (%) |
27.34 |
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Total Assets Turnover (%) |
1.09 |
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Financial Stability |
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Current/Working Capital Ratio (%) |
16.40 |
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Proprietary Ratio (%) |
94.19 |
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Total Debt to Equity Ratio (%) |
5.81 |
In Singapore, Limited Exempt Private Companies are not obligated to submit
their financial statements to the local registry. We did not find the laest financials
of subject from the local registry, and we can not find it from other sources,
either.
Bankers
Information on bank details is not available from subject or other sources.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.92 |
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UK Pound |
1 |
Rs.86.03 |
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Euro |
1 |
Rs.69.13 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.