MIRA INFORM REPORT

 

 

Report No. :

352346

Report Date :

03.12.2015

 

IDENTIFICATION DETAILS

 

Name :

KING JOHN ENTERPRISE CO., LTD.

 

 

Registered Office :

2F, No.66, Peiping W. Rd., Taipei, R.O.C.

 

 

Country :

Taiwan

 

 

Date of Incorporation :

04.02.1970

 

 

Com. Reg. No.:

03581918

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Trading of Culture Media Bases.

 

 

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 :

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 – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

Taiwan

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:

King John Enterprise Co., Ltd.

Supplied Name:

King John Enterprises Co Ltd

Trading Address:

2F, No.66, Peiping W. Rd., Taipei, Taiwan, R.O.C.

Supplied Address:

2F, NO 66 Pei Ping, W R D Taipei

Telephone Number:

+886-2-2331-3315

Fax Number:

+886-2-2314-0959

E-mail:

kjentrco@ms38.hinet.net

Notes: The exact name and address are as above.

 

 

Company Identification Details

 

Registered Name:

King John Enterprise Co., Ltd.

Registered Address:

2F, No.66, Peiping W. Rd., Taipei, Taiwan, R.O.C.

Date of Foundation:

1970-02-04

Registration Number:

03581918

Registry:

Taipei City Government

Registered Capital:

NTD 5,000,000 (USD 155,000)

(As of 2015.12, 1 NTD = 0.031 USD)

Legal Representatives:

Hanshun Chen

Legal Form:

Private Limited Liability Company

Principal Activities:

Trading of culture media bases.

Staff:

N/A

Listed at Stock Exchange:

No

Date of Last Annual Return:

2002-11-08

Note: Subject declined to disclose the number of staff, and we cannot obtain the information from other source, either.

 

 

History

 

Subject was incorporated on 1970-02-04 with registered number 03581918 as Private Limited Liability Company in Taiwan.

 

 

Corporate Structure

 

Subject did not register any subsidiaries or branches; from other source we could not obtain the relevant information, either.

 

 

Shareholder

 

Major Shareholder

(Unit: NTD)

Name

Subscription Amount    

Hanshun Chen

2,500,000

 

 

Management Information

 

Core Management

 

Director

Name

Hanshun Chen

Position

Director

 

 

Operation Information

 

Offices & Factories

 

 

Headquarters

Add

2F, No.66, Peiping W. Rd., Taipei, Taiwan, R.O.C.

 

Production Information

 

Subject is a trader of culture media bases, etc. without any production activities.

Subject’s products obtained the certification of ISO 9001-2000, CE and ISO 13485-2003, etc.

 

Purchase Information

 

The registered activities of subject:

Business Code

Details

--

 

--

Import, export and sales of measuring instrument and gauge

--

Sales of pharmaceutical raw material

--

Sales of chemical analysis reagent and all kinds of scientific apparatus

--

Agent the quotation, bidding and distribution business for companies from both home and abroad (except the futures)

F107990

Other chemical products wholesaling (growth medium)

F207990

Other chemical products retailing (growth medium)

ZZ99999  

Besides licensed business, all other business items those are not banned or restricted

 

The products of subject are mostly purchased from India.

 

Sales Information

 

Subject is engaged in sales of culture media bases, etc.

The products of subject are mainly applied for pharmaceutical industry, agriculture, brewery and fermentation, environmental & sanitary, textile and petroleum and cosmetic industry, etc.

The brand of subject’s products is HiMedia.     

Subject’s sales regions include domestic market, Southeast Asia, America and Europe, etc.

The major supplier of subject is HiMedia Laboratories in India.

Subject’s major customers are laboratories, etc.

 

Major products

 

 

Dehydrated Culture Media, Bases & Supplements

Bacteriological Culture Media and Bases

Selective and Enrichment Supplements

Culture Media Bases

Bacteriological Ingredients

Certified Bacteriological Grade Ingredients

 

 

 

 

 

 

 

Cell Culture Media

Animal Cell Culture Media(Powder) 

Balanced Salt Solution(Powder) for Animal Cell Culture Media

Animal Cell Culture Liquid Media 

Animal Cell Culture Salt Solution(Sterile filtered) 

Liquid Reagents/Chemicals for Cell Culture(Sterile filtered) 

Anitibiotic Solution(Sterile) 

Amino Acid Concentrates(Powder) 

Vitamin Solution(Sterile) for Animal Cell Culture Media 

Insect Media (Powder) 

Insect Media (Liquid) 

Insect Diets 

Plant Tissue Culture Media (Powder) 

Balanced Salt Solution (Liquid,Sterile filtered) 

Balance Stocks Sloution(Liquid,Sterile filtered)

Vitmins (Powder,Plants)

Vitamin Solution(1000x) (Sterile filtered)

Chelated Iron Solution(100X) (Sterile filtered)

Teaching Aids

Antimicrobial Susceptibility Systems

Antimicrobial Sensitivity Discs

HiComb™ MIC Test

Octodiscs

Molecular Biology

Molecular Biology Kits

Spin Column Based Kits

Molecular Biology Reagents

Lymphocyte Separation Media

 

Import and export right:

Import right

Yes

Export right

Yes

 

 

Settlements

 

Purchase

 

Domestic Purchase

 

Subject has little domestic purchase.

 

Import

Products

Culture media bases, etc.

Payment Terms

L/C, T/T, etc.

 

Sales

 

Domestic Markets

Product

Culture media bases, etc.

Selling Terms

T/T, Cash, etc.

 

Export

Product

Culture media bases, etc.

Selling Terms

L/C, T/T, etc.

 

 

Financial Information

 

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 declined to disclose its financials citing the grounds of company’s confidentiality; from other sources we could not obtain such information, either.

 

 

Bankers

 

Subject declined to disclose its bank details; from other source we could not obtain the relevant information, either.

 

 

Public Record

 

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.

 

 

Special Note

 

Interview Details

Name

Ms. Chen

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.66.62

UK Pound

1

Rs.100.34

Euro

1

Rs.70.67

TWD

1

Rs.2.03

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

HEE

 

 

Report Prepared by :

NIT

 

               


 

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.