DRILEX SYSTEMS, INC

Business Description

DRILEX SYSTEMS, INC is registered as a business entity on 07 July 1970 (54.5 years ago) structured as a Foreign Company Registered In Singapore (Foreign Company) with 3 officer(s) in-charge. The business jurisdiction is overseen by the Accounting and Corporate Regulatory Authority (ACRA), a government agency from Singapore with the given Business Registration Number / Unique Entity Number (UEN) S70FC2021E. The business official address is located at 11 Collyer Quay #18-02, The Arcade, Singapore 49317 in the primary industry of 25939: Manufacture Of General Hardware (including Blacksmith Shops) N.e.c. (eg Locks And Keys, Hinges, Clamps, Hooks) using Singapore Dollars - SGD as its default trading currency. The business legal name has undergone change(s) and is previously known as GRANT OIL TOOL COMPANY. The business annual account filing date falls on 07 July and is no longer operational with the status of 'na'. The business paid up share capital is USD 0, with preference share capital of USD 0, and other share capital at USD 0.

In the past 365 days, DRILEX SYSTEMS, INC has received a total of Login to view reported payment review(s). 0 were rated Good and Login to view were rated Poor. Therefore no payment reviews were made recently. The aggregated good payment amount is equivalent to USD 0, and aggregated poor payment amount is equivalent to USD Login to view. Its current payment rating of "A" suggest a healthy payment culture where settlement with stakeholders is always prioritised. Since the business is registered as a foreign company, it is the offshore branch of a parent orgnisation and more research should to be done to understand its local presence. The appointment of ERNST & YOUNG LLP as auditor indicates that the business is medium to large sized as it is required to meet additional regulatory requirements either due to reported revenue or assets exceeding SGD 10 million or has more than 50 employees in the previous two fiscal years.

DRILEX SYSTEMS, INC is not yet a Prompt Payment Initiative Signatory.

Last updated on 30 April 2023