|
Report Date : |
16.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
UNIQUE TEAM CO., LTD. |
|
|
|
|
Registered Office : |
11F., No.12, Ln. 236,
Sec. 1, Zhuangjing Rd., Taoyuan City, Taoyuan County 33044 |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
15.10.2004 |
|
|
|
|
Com. Reg. No.: |
27468773 |
|
|
|
|
Legal Form : |
Private Limited Liability
Company |
|
|
|
|
Line of Business : |
Trading of shoe
materials |
|
|
|
|
No. of Employees |
05 |
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 : |
Unknown |
|
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Taiwan |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
TAIWAN ECONOMIC OVERVIEW
Taiwan has a dynamic capitalist economy with gradually decreasing government guidance of investment and foreign trade. Exports, led by electronics, machinery, and petrochemicals have provided the primary impetus for economic development. This heavy dependence on exports exposes the economy to fluctuations in world demand. Taiwan's diplomatic isolation, low birth rate, and rapidly aging population are other major long-term challenges. Free trade agreements have proliferated in East Asia over the past several years, and following the landmark Economic Cooperation Framework Agreement (ECFA) signed with China in June 2010, Taiwan in July 2013 signed a free trade deal with New Zealand—Taipei’s first-ever with a country with which it does not maintain diplomatic relations—and in November inked a trade pact with Singapore. Negotiations continue on follow-on components of ECFA regarding trade in goods and a dispute resolution mechanism; a trade in services agreement is under review in the legislature. Taiwan's Total Fertility rate of just over one child per woman is among the lowest in the world, raising the prospect of future labor shortages, falling domestic demand, and declining tax revenues. Taiwan's population is aging quickly, with the number of people over 65 accounting for 11.2% of the island's total population as of 2012. The island runs a large overall trade surplus largely because of its surplus with China, and its foreign reserves are the world's sixth largest, behind China, Japan, Saudi Arabia, Russia, and Switzerland. In 2006 China overtook the US to become Taiwan's second-largest source of imports after Japan. China is also the island's number one destination for foreign direct investment. Taiwan since 2009 has gradually loosened rules governing Chinese investment on the island, and has also secured greater market access for its investors in the mainland. In August 2012, Taiwan Central Bank signed a memorandum of understanding on cross-Strait currency settlement with its Chinese counterpart. The MOU allows for the direct settlement of Chinese RMB and the New Taiwan dollar across the Strait, which could help develop Taiwan into a local RMB hub. Closer economic links with the mainland bring greater opportunities for the Taiwan economy, but also poses new challenges as the island becomes more economically dependent on China while political differences remain unresolved
|
Source
: CIA |
|
Company Name: |
|
|
Supplied Name: |
|
|
Trading Address: |
11F., No.12, Ln. 236, Sec. 1, Zhuangjing Rd., Taoyuan City, Taoyuan
County 33044, Taiwan (R.O.C.) |
|
Supplied Address: |
|
|
Telephone Number: |
+886-3-316-2335 |
|
Fax Number: |
|
|
E-mail: |
Notes: The
exact name and address are as above.
|
Registered Name: |
UNIQUE TEAM CO., LTD. |
|
Registered
Address: |
11F., No.12, Ln.
236, Sec. 1, Zhuangjing Rd., Taoyuan City, Taoyuan County 33044, Taiwan
(R.O.C.) |
|
Date of
Foundation: |
2004-10-15 |
|
Registration
Number: |
27468773 |
|
Registry: |
MOEA Central
Office |
|
Registered
Capital: |
NTD 5,000,000 (USD 170,000) (As of 2014.07, 1
NTD = 0.0340 USD) |
|
Legal
Representatives: |
Chungui Cai |
|
Legal
Form: |
|
|
Principal
Activities: |
|
|
Staff: |
|
|
Listed at Stock Exchange: |
|
|
Date of Last Annual Return: |
Subject
was incorporated on 2004-10-15 with registered number 27468773 as Private Limited Liability Company in Taiwan.
Subject did not introduce whether
it has any subsidiaries or branches; from other source we could not obtain the
relevant information, either.
Major Shareholders
|
Name |
Subscription Amount |
|
Chungui Cai |
|
|
5,000,000 |
|
Core Management
|
Name |
Chungui Cai |
|
Position |
Director |
Personnel Structure
|
Total Employees |
About 5 Employees |
|
|
Headquarters |
|
Add |
11F., No.12, Ln. 236, Sec. 1, Zhuangjing Rd., Taoyuan City, Taoyuan County 33044, Taiwan (R.O.C.) |
Production Information
Subject is a trader of shoe materials, etc without any production activities.
Purchase Information
The registered activities
of subject:
|
Business Code |
Details |
|
F104110 |
Wholesale of textile, garment, shoes, hat, umbrella and accessory |
|
F107200 |
Wholesale of chemical materials |
|
F107190 |
Wholesale of plastic film and bag |
|
F106030 |
Wholesale of mould |
|
F107990 |
Wholesale of other chemical products |
|
F401010 |
International trade business |
|
ZZ99999 |
Besides licensed business, all other business items those are not banned or restricted. |
Subject purchases products from
Mainland China and Taiwan.
Subject
is engaged in sale of shoe materials, etc.
The major product sold by subject
include srubber sole, leather shoe sole, buttermilk skin, sheepskin lining
leather and so on.
Subject’s sales region is mainly
in Asia market.
Import and export right:
|
Import right |
Yes |
|
Export right |
Yes |
Purchase
Domestic Purchase
|
Products |
Shoe materials, etc |
|
Payment Terms |
Cash, T/T, etc |
Import
Subject has little
import.
Sales
Domestic Markets
|
Product |
Shoe materials, etc |
|
Selling Terms |
Cash, T/T, etc |
Export
|
Product |
Shoe materials, etc |
|
Selling Terms |
T/T, etc |
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 Ms. Cai declined to disclose its financials citing the grounds of
company’s confidentiality; from other sources we could not obtain such
information, either.
Subject declined to disclose its
bank details; from other source we could not obtain the relevant information,
either.
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.
Interview Details
|
Name |
Ms. Cai |
|
Department |
Sales Department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.06 |
|
|
1 |
Rs.101.84 |
|
Euro |
1 |
Rs.81.56 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUM |
|
|
|
|
Report Prepared
by : |
NIS |
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.