|
|
|
MIRA INFORM REPORT
|
Report No. : |
483526 |
|
Report Date : |
03.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
JUPITER SOLUTIONS PTE LTD |
|
|
|
|
Registered Office : |
1001, Jalan Bukit Merah, 04-11, 159455 |
|
|
|
|
Country : |
Singapore |
|
|
|
|
Financials (as on) : |
30.09.2016 |
|
|
|
|
Date of Incorporation : |
27.09.2000 |
|
|
|
|
Com. Reg. No.: |
200008342E |
|
|
|
|
Legal Form : |
Private Limited (Limited By Share) |
|
|
|
|
Line of Business : |
Subject is engaged in the data
communication service, telecommunication services. |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
C |
|
Credit Rating |
Explanation |
Rating Comments |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow |
|
|
|
|
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
|
Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
|
Singapore |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
SINGAPORE - ECONOMIC
OVERVIEW
Singapore has a highly developed and successful free-market economy. It enjoys a remarkably open and corruption-free environment, stable prices, and a per capita GDP higher than that of most developed countries. Unemployment is very low. The economy depends heavily on exports, particularly of consumer electronics, information technology products, medical and optical devices, pharmaceuticals, and on its vibrant transportation, business, and financial services sectors.
The economy contracted 0.6% in 2009 as a result of the global financial crisis, but has continued to grow since 2010. Growth in 2014-16 was slower than during the previous decade, at under 3% annually, largely a result of soft demand for exports amid a sluggish global economy and weak growth in Singapore’s manufacturing sector.
The government is attempting to restructure Singapore’s economy by weaning its dependence on foreign labor, addressing weak productivity growth, and increasing Singaporean wages. Singapore has attracted major investments in advanced manufacturing, pharmaceuticals, and medical technology production and will continue efforts to strengthen its position as Southeast Asia's leading financial and technology hub. Singapore is a member of the Regional Comprehensive Economic Partnership negotiations with the nine other ASEAN members plus Australia, China, India, Japan, South Korea, and New Zealand. In 2015, Singapore formed, with the other ASEAN members, the ASEAN Economic Community.
|
Source
: CIA |
EXECUTIVE
SUMMARY
|
REGISTRATION NO. |
: |
200008342E |
|
COMPANY NAME |
: |
JUPITER SOLUTIONS PTE LTD |
|
FORMER NAME |
: |
N/A |
|
INCORPORATION DATE |
: |
27/09/2000 |
|
COMPANY STATUS |
: |
EXIST |
|
LEGAL FORM |
: |
PRIVATE LIMITED (LIMITED BY SHARE) |
|
LISTED STATUS |
: |
NO |
|
REGISTERED ADDRESS |
: |
1001, JALAN BUKIT MERAH, 04-11, 159455, SINGAPORE. |
|
BUSINESS ADDRESS |
: |
1001 JALAN BUKIT MERAH, #04-11, REDHILL INDUSTRIAL ESTATE FLATTED
FTY, 159455, SINGAPORE. |
|
TEL.NO. |
: |
65-62722252 |
|
FAX.NO. |
: |
N/A |
|
CONTACT PERSON |
: |
LEE KONG TEE ( DIRECTOR ) |
|
PRINCIPAL ACTIVITY |
: |
DATA COMMUNICATION SERVICE, TELECOMMUNICATION SERVICES |
|
ISSUED AND PAID UP CAPITAL |
: |
290,000.00 ORDINARY SHARE, OF A VALUE OF SGD 335,000.00 |
|
SALES |
: |
SGD 1,114,500 [2016] |
|
NET WORTH |
: |
SGD (251,708) [2016] |
|
STAFF STRENGTH |
: |
N/A |
|
LITIGATION |
: |
CLEAR |
|
FINANCIAL CONDITION |
: |
POOR |
|
PAYMENT |
: |
SLOW |
|
MANAGEMENT CAPABILITY |
: |
AVERAGE |
|
COMMERCIAL RISK |
: |
N/A |
|
CURRENCY EXPOSURE |
: |
N/A |
|
GENERAL REPUTATION |
: |
SATISFACTORY |
|
INDUSTRY OUTLOOK |
: |
MARGINAL GROWTH |
HISTORY
/ BACKGROUND
|
The Subject is a private limited
company and is allowed to have a minimum of one and a maximum of forty-nine
shareholders. As a private limited company, the Subject must have at least two
directors. A private limited company is a separate legal entity from its
shareholders. As a separate legal entity, the Subject is capable of owning
assets, entering into contracts, sue or be sued by other companies. The
liabilities of the shareholders are to the extent of the equity they have taken
up and the creditors cannot claim on shareholders' personal assets even if the
Subject is insolvent. The Subject is governed by the Companies Act and the
company must file its annual returns, together with its financial statements
with the Registrar of Companies.
The Subject is principally engaged in the (as a / as an) data
communication service, telecommunication services.
Share Capital History
|
Date |
Issue & Paid Up Capital |
|
29/12/2017 |
SGD 335,000.00 |
The major shareholder(s) of the Subject are shown as follows :
Current Shareholder(s) :
|
Name |
Address |
IC/PP/Loc No |
Shareholding |
(%) |
|
PETRACARBON PTE. LTD. |
1001, JALAN BUKIT MERAH, 04-01, REDHILL INDUSTRIAL ESTATE 159455
,SINGAPORE |
198202790N |
290,000.00 |
100.00 |
|
--------------- |
------ |
|||
|
290,000.00 |
100.00 |
|||
|
============ |
===== |
+ Also Director
DIRECTORS
|
DIRECTOR 1
|
Name Of Subject |
: |
LEE KONG TEE |
|
Address |
: |
54A, LORONG MERICAN, 415897, SINGAPORE. |
|
IC / PP No |
: |
S1154580G |
|
Nationality |
: |
SINGAPOREAN |
|
Date of Appointment |
: |
27/09/2000 |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
none in our databank |
|
Former interest |
: |
none in our databank |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Profit/(loss) After Tax |
Financial Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
200008342E |
JUPITER SOLUTIONS PTE LTD |
Director |
27/09/2000 |
0.00 |
- |
SGD112,404.00 |
2016 |
- |
29/12/2017 |
DIRECTOR 2
|
Name Of Subject |
: |
CATHERINE LEE LAY KWEE |
|
Address |
: |
19, CANTONMENT CLOSE, 16-69, CANTONMENT TOWERS, 080019,
SINGAPORE. |
|
IC / PP No |
: |
S2012872J |
|
Nationality |
: |
SINGAPOREAN |
|
Date of Appointment |
: |
03/04/2006 |
INTEREST CHECK
|
Interest in companies |
: |
see below |
|
Interest in business |
: |
none in our databank |
|
Former interest |
: |
none in our databank |
INTEREST IN COMPANY
|
No |
Local No |
Company |
Designation |
App Date |
Shareholding |
Profit/(loss) After Tax |
Financial Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
200008342E |
JUPITER SOLUTIONS PTE LTD |
Director |
03/04/2006 |
0.00 |
- |
SGD112,404.00 |
2016 |
- |
29/12/2017 |
MANAGEMENT
|
|
1) |
Name of Subject |
: |
LEE KONG TEE |
|
Position |
: |
DIRECTOR |
|
|
|
AUDITOR
|
|
Auditor |
: |
JEE AH CHIAN & COMPANY |
|
Auditor' Address |
: |
N/A |
|
|
COMPANY
SECRETARIES
|
|
1) |
Company Secretary |
: |
AMY KOH AI PENG |
|
IC / PP No |
: |
S1593569C |
|
|
Address |
: |
6, TOH YI DRIVE, 08-243, TOH YI GARDENS, 590006, SINGAPORE. |
|
|
|
BANKING
|
No Banker found in our databank.
ENCUMBRANCE
(S)
|
No encumbrance was found in our databank at the time of investigation.
LITIGATION
CHECK - SUBJECT COMPANY AS A DEFENDANT
|
* A check has been conducted in our databank againt the Subject whether the
subject has been involved in any litigation.
No legal action was found in our databank.
No winding up petition was found in our databank.
PAYMENT
RECORD
|
|
||
|
SOURCES OF RAW MATERIALS: |
||
|
Local |
: |
N/A |
|
Overseas |
: |
N/A |
The staff from the registered office refused to disclose the Subject's
suppliers.
The Subject refused to provide any name of trade/service supplier and we are unable
to conduct any trade enquiry. However, from financial historical data we
conclude that :
|
OVERALL PAYMENT HABIT |
||||||||||||||
|
Prompt 0-30 Days |
[ |
] |
Good 31-60 Days |
[ |
] |
Average 61-90 Days |
[ |
X |
] |
|||||
|
Fair 91-120 Days |
[ |
] |
Poor >120 Days |
[ |
] |
|||||||||
CLIENTELE
|
|
Local |
: |
N/A |
|
Overseas |
: |
N/A |
The staff from the registered office refused to disclose the Subject's
clientele.
OPERATIONS
|
|
Services |
: |
DATA COMMUNICATION SERVICE, TELECOMMUNICATION SERVICES |
|
|
Branch |
: |
NO |
Other Information:
The Subject is principally engaged in the (as a / as an) data communication
service, telecommunication services.
The staff from the registered office refused to disclose the Subject's
operation.
CURRENT
INVESTIGATION
|
Latest fresh investigations carried out on the Subject indicated
that :
|
Telephone Number Provided By Client |
: |
N/A |
|
Current Telephone Number |
: |
65-62722252 |
|
Match |
: |
N/A |
|
Address Provided by Client |
: |
CODE POSTAL 159455 |
|
Current Address |
: |
1001 JALAN BUKIT MERAH, #04-11, REDHILL INDUSTRIAL ESTATE
FLATTED FTY, 159455, SINGAPORE. |
|
Match |
: |
NO |
Other Investigations
We contacted one of the staff from the Subject's registered office and she only
provided limited information.
She refused to disclose the fax number, number of employees and bankers.
The address provided is incomplete.
FINANCIAL
ANALYSIS
|
|
|
|
Profitability |
||||||
|
Turnover |
: |
Increased |
[ |
724.57% |
] |
|
|
Profit/(Loss) Before Tax |
: |
Increased |
[ |
146.67% |
] |
|
|
Return on Shareholder Funds |
: |
Unfavourable |
[ |
(44.66%) |
] |
|
|
Return on Net Assets |
: |
Unfavourable |
[ |
(46.31%) |
] |
|
|
The increase in turnover could be due to the Subject adopting an
aggressive marketing strategy.The management had succeeded in turning the Subject
into a profit making company. The profit could be due to better control of
its operating costs and efficiency in utilising its resources. The Subject's
unfavourable returns on shareholders' funds indicate the management's
inefficiency in utilising its assets to generate returns. |
||||||
|
Working Capital Control |
||||||
|
Debtor Ratio |
: |
Favourable |
[ |
25 Days |
] |
|
|
Creditors Ratio |
: |
Favourable |
[ |
19 Days |
] |
|
|
The favourable debtors' days could be due to the good credit
control measures implemented by the Subject. The Subject had a favourable
creditors' ratio where the Subject could be taking advantage of the cash
discounts and also wanting to maintain goodwill with its creditors. |
||||||
|
Liquidity |
||||||
|
Liquid Ratio |
: |
Unfavourable |
[ |
0.44 Times |
] |
|
|
Current Ratio |
: |
Unfavourable |
[ |
0.44 Times |
] |
|
|
A low liquid ratio means that the Subject may be facing working
capital deficiency. If the Subject cannot obtain additional financing or
injection of fresh capital, it may face difficulties in meeting its short
term obligations. |
||||||
|
Solvency |
||||||
|
Interest Cover |
: |
Favourable |
[ |
82.93 Times |
] |
|
|
Gearing Ratio |
: |
Unfavourable |
[ |
(0.02 Times) |
] |
|
|
The interest cover showed that the Subject was able to service the
interest. The favourable interest cover could indicate that the Subject was
making enough profit to pay for the interest accrued. The Subject's gearing
was negative during the year as its shareholders' funds was in the red. This
means the Subject is running its business using borrowed money. We consider
the Subject as facing high financial risks. |
||||||
|
Overall Assessment : |
||||||
|
The higher turnover had helped to reduce the Subject's losses. Due
to its weak liquidity position, the Subject will be faced with problems in
meeting all its short term obligations if no short term loan is obtained or
additional capital injected into the Subject. With the favourable interest
cover, the Subject could be able to service all the accrued interest without
facing any difficulties. The Subject has high financial risks. If its
shareholders do not inject more capital into the company or if its business
performance does not improve, its going concern may be in question. |
||||||
|
Overall financial condition of the Subject : POOR |
||||||
|
|
||||||
SINGAPORE
ECONOMIC / INDUSTRY OUTLOOK
|
|
|
|
Major Economic Indicators : |
2012 |
2013 |
2014 |
2015 |
2016* |
|
|
|||||
|
Population (Million) |
5.31 |
5.40 |
5.47 |
5.54 |
5.63 |
|
Gross Domestic Products ( % ) |
1.3 |
3.7 |
(3.5) |
3.7 |
4.8 |
|
Consumer Price Index |
4.6 |
2.4 |
2.4 |
(0.5) |
(0.7) |
|
Total Imports (Million) |
474,554.0 |
466,762.0 |
463,779.1 |
407,767.9 |
398,372.0 |
|
Total Exports (Million) |
510,329.0 |
513,391.0 |
518,922.7 |
476,285.4 |
468,552.0 |
|
|
|||||
|
Unemployment Rate (%) |
2.0 |
1.9 |
1.9 |
1.9 |
2.1 |
|
Tourist Arrival (Million) |
14.49 |
15.46 |
15.01 |
15.23 |
16.28 |
|
Hotel Occupancy Rate (%) |
86.4 |
86.3 |
85.5 |
85.0 |
- |
|
Cellular Phone Subscriber (Million) |
1.52 |
1.97 |
1.98 |
1.99 |
- |
|
|
|||||
|
Registration of New Companies (No.) |
31,892 |
37,288 |
41,589 |
34,243 |
35,528 |
|
Registration of New Companies (%) |
(1.3) |
9.8 |
11.5 |
(17.7) |
3.8 |
|
Liquidation of Companies (No.) |
17,218 |
17,369 |
18,767 |
21,384 |
- |
|
Liquidation of Companies (%) |
9.4 |
(5.3) |
8.0 |
13.9 |
- |
|
|
|||||
|
Registration of New Businesses (No.) |
24,788 |
22,893 |
35,773 |
28,480 |
33,326 |
|
Registration of New Businesses (%) |
5.51 |
1.70 |
56.30 |
(20.39) |
17.02 |
|
Liquidation of Businesses (No.) |
22,489 |
22,598 |
22,098 |
26,116 |
- |
|
Liquidation of Businesses (%) |
(2.2) |
0.5 |
(2.2) |
18.2 |
- |
|
|
|||||
|
Bankruptcy Orders (No.) |
1,748 |
1,992 |
1,757 |
1,776 |
- |
|
Bankruptcy Orders (%) |
14.5 |
14.0 |
(11.8) |
1.0 |
- |
|
Bankruptcy Discharges (No.) |
1,881 |
2,584 |
3,546 |
3,499 |
- |
|
Bankruptcy Discharges (%) |
35.2 |
37.4 |
37.2 |
(1.3) |
- |
|
|
|||||
|
INDUSTRIES ( % of Growth ) : |
|||||
|
Agriculture |
|||||
|
Production of Principal Crops |
5.16 |
1.78 |
4.29 |
3.04 |
- |
|
Fish Supply & Wholesale |
(0.5) |
(3.8) |
(8.6) |
(8.5) |
(9.9) |
|
|
|||||
|
Manufacturing # |
|||||
|
Food, Beverages & Tobacco |
97.9 |
97.9 |
99.4 |
100.0 |
103.7 |
|
Textiles |
140.1 |
119.5 |
102.7 |
100.0 |
93.3 |
|
Wearing Apparel |
395.4 |
334.1 |
212.6 |
100.0 |
80.3 |
|
Leather Products & Footwear |
109.5 |
122.0 |
106.5 |
100.0 |
93.2 |
|
Wood & Wood Products |
93.3 |
103.0 |
107.2 |
100.0 |
90.5 |
|
Paper & Paper Products |
98.5 |
104.4 |
104.5 |
100.0 |
99.7 |
|
Printing & Media |
122.8 |
113.8 |
105.968 |
100.0 |
86.9 |
|
Crude Oil Refineries |
107.1 |
100.7 |
92.2 |
100.0 |
100.5 |
|
Chemical & Chemical Products |
85.3 |
88.4 |
96.7 |
100.0 |
97.6 |
|
Pharmaceutical Products |
103.8 |
101.421 |
109.4 |
100.0 |
115.9 |
|
Rubber & Plastic Products |
113.5 |
109.497 |
109.2 |
100.0 |
87.9 |
|
Non-metallic Mineral |
108.8 |
107.4 |
90.759 |
100.0 |
93.6 |
|
Basic Metals |
91.5 |
77.2 |
99.3 |
100.0 |
113.1 |
|
Fabricated Metal Products |
107.314 |
107.5 |
107.757 |
100.0 |
91.7 |
|
Machinery & Equipment |
107.3 |
109.1 |
118.2 |
100.0 |
79.3 |
|
Electrical Machinery |
80.102 |
87.4 |
97.871 |
100.0 |
99.3 |
|
Electronic Components |
100.7 |
105.0 |
105.6 |
100.0 |
106.3 |
|
Transport Equipment |
109.9 |
111.1 |
106.68 |
100.0 |
98.7 |
|
|
|||||
|
Construction |
28.70 |
25.40 |
22.00 |
- |
- |
|
Real Estate |
31.9 |
88.5 |
145.1 |
- |
- |
|
|
|||||
|
Services |
|||||
|
Electricity, Gas & Water |
6.30 |
6.70 |
6.50 |
- |
- |
|
Transport, Storage & Communication |
5.30 |
9.80 |
14.20 |
- |
- |
|
Finance & Insurance |
0.50 |
3.30 |
6.00 |
- |
7.40 |
|
Government Services |
6.00 |
6.50 |
6.30 |
- |
- |
|
Education Services |
0.30 |
3.10 |
5.98 |
- |
2.40 |
|
|
|||||
|
* Estimate / Preliminary |
|||||
|
# Based on Index of Industrial Production (2015 = 100) |
INDUSTRY
ANALYSIS
|
|
INDUSTRY : |
TELECOMMUNICATION |
|
Singapore's telecommunications industry has outperformed many of
its regional peers with strong adoption of the latest products and services. Partially
due to the country's small landmass and population size, the telecoms market
has rapidly grown to a stage where it is approaching saturation. Next
generation technologies, both mobile and fixed, are therefore the next step
in fostering new developments and revenue streams, and industry players - the
regulator and operators - have rightly moved in that direction. |
|
|
BMI forecasted Singapore's mobile sector will grow by only 1.2%
annually between 2013 and 2018 owing to the high penetration and a shift in
operators' strategies. The fixed-line market has started to contract earlier
than they had expected, and they forecasted the number of subscribers to
decline to 1.7mn in 2018. Next generation fibre and LTE services are the
future growth drivers for the Singaporean broadband industry, although they
expect the growth momentum to be relative slow initially due to factors such
as contract lock-in period. They forecasted 11.7mn broadband subscribers in
the country by end-2018. |
|
|
The number of broadband subscribers has increased by 4.5% in
2013, slower than the 11% surge in the previous year. With the continued rise
in the number of subscribers, the broadband subscription rate ticked up from
1.9 per capita in 2012 to 2.0 per capita in 2013. Similarly, the
international telephone call duration rose by 7.8% in 2013, moderating from
the 8.9% increase in the previous year. In particular, call duration in the
first half of the year increased by 1.6%, much slower than the 14% increase
over the same period in 2012. |
|
|
By contrast, the number of mobile subscribers grew by 4.4% in
2013, extending the 4.0% growth in 2012. As a result of the increase in
subscribers, the mobile subscription rate reached 1.6 per capita in 2013, slightly
higher than the 1.5 per capita in 2012. |
|
|
OVERALL INDUSTRY OUTLOOK : MARGINAL GROWTH |
|
CREDIT
RISK EVALUATION & RECOMMENDATION
|
|
|
PROFIT
AND LOSS ACCOUNT
|
|
|
|
THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH
SINGAPORE FINANCIAL REPORTING STANDARDS. |
|
JUPITER SOLUTIONS PTE LTD |
|
Financial Year End |
2016-09-30 |
2015-09-30 |
|
Months |
12 |
12 |
|
Consolidated Account |
Company |
Company |
|
Audited Account |
YES |
YES |
|
Unqualified Auditor's Report (Clean Opinion) |
YES |
YES |
|
Financial Type |
FULL |
FULL |
|
Currency |
SGD |
SGD |
|
TURNOVER |
1,114,500 |
135,162 |
|
---------------- |
---------------- |
|
|
Total Turnover |
1,114,500 |
135,162 |
|
Costs of Goods Sold |
(714,006) |
(64,284) |
|
---------------- |
---------------- |
|
|
Gross Profit |
400,494 |
70,878 |
|
---------------- |
---------------- |
|
|
PROFIT/(LOSS) FROM OPERATIONS |
112,404 |
(240,859) |
|
---------------- |
---------------- |
|
|
PROFIT/(LOSS) BEFORE TAXATION |
112,404 |
(240,859) |
|
---------------- |
---------------- |
|
|
PROFIT/(LOSS) AFTER TAXATION |
112,404 |
(240,859) |
|
---------------- |
---------------- |
|
|
RETAINED PROFIT/(LOSS) BROUGHT FORWARD |
||
|
As previously reported |
(699,112) |
(458,253) |
|
---------------- |
---------------- |
|
|
As restated |
(699,112) |
(458,253) |
|
---------------- |
---------------- |
|
|
PROFIT AVAILABLE FOR APPROPRIATIONS |
(586,708) |
(699,112) |
|
---------------- |
---------------- |
|
|
RETAINED PROFIT/(LOSS) CARRIED FORWARD |
(586,708) |
(699,112) |
|
============= |
============= |
|
|
INTEREST EXPENSE (as per notes to P&L) |
||
|
Lease interest |
1,372 |
1,372 |
|
---------------- |
---------------- |
|
|
1,372 |
1,372 |
|
|
============= |
============= |
|
|
DEPRECIATION (as per notes to P&L) |
- |
17,300 |
|
---------------- |
---------------- |
|
|
Total Amortization And Depreciation |
- |
17,300 |
|
============= |
============= |
|
|
|
|
|
BALANCE
SHEET
|
|
|
|
JUPITER SOLUTIONS PTE LTD |
|
Stocks |
460 |
- |
|
Trade debtors |
75,924 |
36,009 |
|
Other debtors, deposits & prepayments |
- |
4,917 |
|
Cash & bank balances |
118,080 |
28,429 |
|
---------------- |
---------------- |
|
|
TOTAL CURRENT ASSETS |
194,464 |
69,355 |
|
---------------- |
---------------- |
|
|
TOTAL ASSET |
194,464 |
69,355 |
|
============= |
============= |
|
|
CURRENT LIABILITIES |
||
|
Trade creditors |
37,024 |
- |
|
Other creditors & accruals |
392,674 |
406,558 |
|
Lease payables |
10,436 |
10,436 |
|
---------------- |
---------------- |
|
|
TOTAL CURRENT LIABILITIES |
440,134 |
416,994 |
|
---------------- |
---------------- |
|
|
NET CURRENT ASSETS/(LIABILITIES) |
(245,670) |
(347,639) |
|
---------------- |
---------------- |
|
|
TOTAL NET ASSETS |
(245,670) |
(347,639) |
|
============= |
============= |
|
|
SHARE CAPITAL |
||
|
Ordinary share capital |
335,000 |
335,000 |
|
---------------- |
---------------- |
|
|
TOTAL SHARE CAPITAL |
335,000 |
335,000 |
|
Retained profit/(loss) carried forward |
(586,708) |
(699,112) |
|
---------------- |
---------------- |
|
|
TOTAL RESERVES |
(586,708) |
(699,112) |
|
---------------- |
---------------- |
|
|
SHAREHOLDERS' FUNDS/EQUITY |
(251,708) |
(364,112) |
|
Lease obligations |
6,038 |
16,473 |
|
---------------- |
---------------- |
|
|
TOTAL LONG TERM LIABILITIES |
6,038 |
16,473 |
|
---------------- |
---------------- |
|
|
(245,670) |
(347,639) |
|
|
============= |
============= |
|
|
|
|
|
FINANCIAL
RATIO
|
|
|
|
JUPITER SOLUTIONS PTE LTD |
|
TYPES OF FUNDS |
||
|
Cash |
118,080 |
28,429 |
|
Net Liquid Funds |
118,080 |
28,429 |
|
Net Liquid Assets |
(246,130) |
(347,639) |
|
Net Current Assets/(Liabilities) |
(245,670) |
(347,639) |
|
Net Tangible Assets |
(245,670) |
(347,639) |
|
Net Monetary Assets |
(252,168) |
(364,112) |
|
PROFIT & LOSS ITEMS |
||
|
Earnings Before Interest & Tax (EBIT) |
0 |
0 |
|
Earnings Before Interest, Taxes, Depreciation And Amortization
(EBITDA) |
113,776 |
(222,187) |
|
BALANCE SHEET ITEMS |
||
|
Total Borrowings |
6,038 |
16,473 |
|
Total Liabilities |
446,172 |
433,467 |
|
Total Assets |
194,464 |
69,355 |
|
Net Assets |
(245,670) |
(347,639) |
|
Net Assets Backing |
(251,708) |
(364,112) |
|
Shareholders' Funds |
(251,708) |
(364,112) |
|
Total Share Capital |
335,000 |
335,000 |
|
Total Reserves |
(586,708) |
(699,112) |
|
GROWTH RATIOS (Year on Year) |
||
|
Revenue |
724.57 |
- |
|
Proft/(Loss) Before Tax |
146.67 |
- |
|
Proft/(Loss) After Tax |
146.67 |
- |
|
Total Assets |
- |
- |
|
Total Liabilities |
- |
- |
|
LIQUIDITY (Times) |
||
|
Cash Ratio |
0.27 |
0.07 |
|
Liquid Ratio |
0.44 |
0.17 |
|
Current Ratio |
0.44 |
0.17 |
|
WORKING CAPITAL CONTROL (Days) |
||
|
Stock Ratio |
0 |
0 |
|
Debtors Ratio |
25 |
97 |
|
Creditors Ratio |
19 |
0 |
|
SOLVENCY RATIOS (Times) |
||
|
Gearing Ratio |
(0.02) |
(0.05) |
|
Liabilities Ratio |
(1.77) |
(1.19) |
|
Times Interest Earned Ratio |
82.93 |
(174.55) |
|
Assets Backing Ratio |
1.00 |
1.00 |
|
PERFORMANCE RATIO (%) |
||
|
Operating Profit Margin |
10.09 |
(178.20) |
|
Net Profit Margin |
10.09 |
(178.20) |
|
Return On Net Assets |
(46.31) |
68.89 |
|
Return On Capital Employed |
(46.31) |
68.89 |
|
Return On Shareholders' Funds/Equity |
(44.66) |
66.15 |
|
Dividend Pay Out Ratio (Times) |
0 |
0 |
|
NOTES TO ACCOUNTS |
||
|
Contingent Liabilities |
0 |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.67 |
|
|
1 |
INR 86.11 |
|
Euro |
1 |
INR 76.59 |
|
SGD |
1 |
INR 47.78 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRA |
|
|
|
|
Report Prepared
by : |
TRU |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.