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Report No. : |
342886 |
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Report Date : |
01.10.2015 |
IDENTIFICATION DETAILS
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Name : |
EDX EDUCATION CO., LTD. |
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Formerly Known As : |
EDUCATIONAL EXPERIENCE TAIWAN CO., LTD. |
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Registered Office : |
9F., No.39, Sec. 2, Dunhua S. Rd., DA-AN Dist., Taipei City 10681 |
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Country : |
Taiwan |
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Date of Incorporation : |
20.12.1996 |
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Com. Reg. No.: |
97172008 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Trading of educational products and toys. |
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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 : |
Unknown |
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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 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Taiwan |
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 |
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Company Name: |
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Supplied Name: |
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Trading Address: |
9F., No.39, Sec.
2, Dunhua S. Rd., Da-An Dist., Taipei City 10681, Taiwan (R.O.C.) |
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Supplied Address: |
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Telephone Number: |
+886-2-2704-8568 |
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Fax Number: |
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E-mail: |
Notes:
We contacted with the subject, the relevant staff Ms.
Weng introduced that the supplied address is subject’s former address, the
exact name and current address are as above.
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Registered Name: |
Edx Education Co., Ltd. |
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Registered Address: |
9F., No.39, Sec. 2, Dunhua S. Rd., Da-An Dist.,
Taipei City 10681, Taiwan (R.O.C.) |
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Date of Foundation: |
1996-12-20 |
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Registration Number: |
97172008 |
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Registry: |
Taipei City Government |
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Registered Capital: |
(As of 2015.01, 1 NTD = 0.0340 USD) |
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Paid-up Capital: |
NTD 5,000,000 (USD 160,000) |
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Legal Representatives: |
Peter Murray Shearer Jackson |
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Legal Form: |
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Principal Activities: |
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Staff: |
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Listed
at Stock Exchange: |
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Date
of Last Annual Return: |
Notes: Subject declined to disclose its staff number; from other
source we cannot obtain the relevant information, either.
Subject was incorporated
on 1996-12-20 with registered number 97172008
as Joint
Stock Company in Taiwan.
Change of Name
|
Former
English Name: |
Educational Experience Taiwan Co., Ltd. |
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Current
English Name: |
Edx Education Co., Ltd. |
Parent Company
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Name
|
EDX
Education Pty Ltd |
Related Company
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Name
|
EDX
Australia Pty Ltd. |
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Address |
Level
50 120
Collins Street Melbourne
Vic 3000 |
Sales representatives
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1 |
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Name
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North
American and UK Sales & Marketing Brian Arthurs |
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Mobile
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+1-416-464
5987 |
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Tel |
+1-905-841
5595 |
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Fax
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+1-905-841
5669 |
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E-mail
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2 |
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Name
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European
Sales & Marketing Representative (Excluding
UK) Sue Dockrell |
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Mobile
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+44
7715 998 777 |
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Tel
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+44
7715 998 777 |
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Fax
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+44
1949 844 117 |
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E-mail
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Major Shareholders
|
Name |
Subscription Shares |
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Edxeducation
Pty Limited |
499,994 |
Core Management
Directors
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1 |
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Name |
Peter
Murray Shearer Jackson |
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Position |
Board
Chairman |
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2 |
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Name |
Stephen
Frederick Thomas |
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Position |
Director
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3 |
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Name |
Hearther
Mary Welch |
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Position |
Director |
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4 |
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Name |
Yuwen
Dai |
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Position |
Supervisor
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5 |
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Name |
Peter
Murray Shearer Jackson |
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Position |
Manager
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Date
of Appointment |
2011-7-1 |
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Offices &
Factories
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Headquarters |
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Add |
9F., No.39, Sec. 2, Dunhua S. Rd., Da-An Dist., Taipei City 10681,
Taiwan (R.O.C.) |
Production
Information
·
Subject
is a trader of educational products and
toys without any production activities.
·
It
is introduced that subject has more than 60 cooperated factories in Taiwan, the
mainland of China and India for production.
Purchase Information
·
The
registered activities of subject:
|
|
Details |
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1 |
General
import and export trading business (except licensed business) |
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2 |
Sales,
import and export of educational products, artifact, sports goods, toys,
articles of everyday use, book and stationary |
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3 |
Bidding
service, price quoting service of the above mentioned products for domestic
and overseas market. |
·
Subject
purchases its products both at home and abroad.
·
Subject
is engaged in sale of educational
products and toys
·
Subject’s
sales regions include Asia, North America, Europe, Middle East, Asia, South
America and Australia
·
Subject’s
major customers are early learning centre, schools, toyman
Major Products
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Type
|
Products
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Art
& Craft |
Craft
Supplies Dough
Accessories Kinder
Rubs Paint
Accessories Stampers Stencils |
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Classroom
Resources |
Whiteboards |
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Early
Childhood |
Curiosity Fine
Motor Skills - Building Blocks Fine
Motor Skills - Lacing Fine
Motor Skills - Manipulatives Gross
Motor Skills - Balance Gross
Motor Skills - Co-ordination Gross
Motor Skills - Mats Water
& Sand Play |
|
Mathematics |
Attributes Foam
Manipulatives Fractions Geometry Linear Linking
Cubes Mass Money Number
Concept Overheads Pattern
Blocks Place
Value Probability Sorting Tangrams
and Pentominoes Time |
Import and export
right:
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Import
right |
Yes |
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Export
right |
Yes |
Purchase
Domestic
Purchase
|
Products |
Educational products and toys |
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Payment Terms |
Cash, T/T |
Import
|
Products |
Educational products and toys |
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Payment Terms |
L/C, T/T |
Sales
Domestic
Markets
|
Product |
Educational products and toys |
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Selling Terms |
Cash, T/T |
Export
|
Product |
Educational products and toys |
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Selling Terms |
L/C, T/T |
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. Weng 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. Weng |
|
Department |
Sales Department |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.74 |
|
UK Pound |
1 |
Rs.99.53 |
|
Euro |
1 |
Rs.73.80 |
INFORMATION DETAILS
|
Analysis Done by
: |
TRI |
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|
|
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Report Prepared
by : |
VNT |
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.