MIRA
INFORM REPORT
|
Report Date : |
14.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
A.N.J CHEMICALS |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
26.07.1995 |
|
|
|
|
Com. Reg. No.: |
|
|
|
|
|
Legal Form : |
Sole Proprietorship |
|
|
|
|
Line of Business : |
Wholesale of Chemicals and Chemical Products |
|
|
|
|
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) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Contact Points
|
Company Name: |
A.N.J CHEMICALS |
|
Supplied Name: |
|
|
Block |
|
|
Supplied
Address: |
Block |
Notes: Subject’s exact name and address are as
above.
Credit
Summary
|
Credit Opinion: |
Company
Identification Details
|
Registered Name: |
|
|
Registered
Address: |
|
|
Date of
Registration:: |
|
|
Commencement
Date |
|
|
Renewal Date |
|
|
Expiry Date |
|
|
Registered
Number: |
|
|
Registered
Capital: |
N/A |
|
Legal Form: |
Sole
Proprietorship |
|
Principal
Activities: |
46649--Wholesale
Of Chemicals And Chemical Products Nec |
|
N/A |
|
|
Status: |
Live |
|
Listed at Stock
Exchange: |
No |
|
Date of Last
Annual Return: |
-- |
Notes: It is not required
for Sole Proprietorship to register capital and the staff number is not
available from subject or other sources.
History
Subject was incorporated on
Owner
Existing Owner(s)
|
Name: |
Teo Suan Puay |
|
ID Number: |
S1398289I |
|
Address: |
9 Chestnut Avenue |
|
Nationality: |
|
|
Date of Appointment: |
1995-7-26 |
Subsidiaries
& Branches
Subject did not
introduce whether it has any subsidiaries or branches, from other source we can
not obtain the relevant information, either.
Management
Information
Detailed
Information of Management:
|
Name: |
Teo Suan Puay |
|
Position: |
Manager |
|
ID Number: |
S1398289I |
|
Address: |
9 Chestnut Avenue Green Hill Estate |
|
Nationality: |
|
|
Date of Appointment: |
|
Operation
Information
Offices
& Factories
|
|
Office |
|
Address: |
Block |
Production
Information
l
Subject is a trader of chemicals without production
activities.
Purchase
Information
l
Subject purchases chemicals mainly from foreign
countries and it is introduced that subject’s purchasing area mainly focus on
Asia such as
Sales
Information
l
Subject is engaged in sales of chemicals.
l
It is introduced that subject’s products are
applied to the textile industry.
l
Subject’s products are both sold to domestic and
overseas market.
l
Subject’s major customers are textile manufacturers
and processors, etc
Settlements
Purchase
Domestic Markets
Subject has little
domestic purchase
Overseas Markets
|
Products |
Payment Terms |
Proportion |
|
Textile
chemicals, etc |
CBD, etc |
100% |
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Textile chemicals, etc |
COD, CBD, etc |
100% |
Overseas Markets
|
Product |
Sales Terms |
Proportion |
|
Textile chemicals, etc |
CBD, etc |
100% |
Financial
Information
We did not find any
financial information of subject from the local registry and the only source
from which we can obtain the information is the subject itself.
Subject’s staff
Doreen declined to disclose the financials citing the grounds of company’s confidentiality,
from other source we can not obtain the relevant information, either.
Bankers
Subject declined
to disclose its bank details; from other source we can not obtain the relevant
information, either.
Interview
Details
|
Name: |
Doreen |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.85 |
|
|
1 |
Rs.86.88 |
|
Euro |
1 |
Rs.69.88 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.