MIRA INFORM REPORT
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Report
Date : |
12th
June, 2006. |
IDENTIFICATION
DETAILS
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Name : |
CHANGZHOU DAGO CHEMICAL IMPORT & EXPORT CORPORATIO |
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Registered
Office : |
Room
1012, Fenghuang Building, No. 555 Tongjiang Street, Xinbei District,
Changzhou, Jiangsu Province, 213000 Pr China |
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Date
of Incorporation : |
01.04.2005 |
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Com.
Reg. No.: |
3204072104867 |
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Legal
Form : |
Limited Liabilities Company |
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Line
of Business : |
-- |
RATING & COMMENTS
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MIRA’s
Rating : |
B |
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26-40 |
B |
Unfavourable & favourable
factors carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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Status
: |
New
Company |
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Payment
Behaviour : |
Unknown |
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Litigation
: |
Clear |
NAME
CHANGZHOU
DAGO CHEMICAL IMPORT & EXPORT COORPORATIO
ADDRESS
ROOM 1012,
FENGHUANG BUILDING, NO. 555 TONGJIANG STREET,
XINBEI
DISTRICT, CHANGZHOU, JIANGSU PROVINCE, 213000 PR CHINA.
TEL : 86 (0) 519-6182435
FAX : 86 (0) 519-6182435
EXECUTIVE SUMMARY
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INCORPORATION
DATE |
APR. 1, 2005 |
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REGISTRATION
NO. |
3204072104867 |
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REGISTERED
LEGAL FORM |
LIMITED LIABILITIES COMPANY |
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STAFF
STRENGTH |
N/A |
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REGISTERED
CAPITAL |
RMB
1,000,000 |
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BUSINESS
LINE |
INTERNATIONAL
TRADE |
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TURNOVER |
N/A (AS OF DEC. 31, 2004) |
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EQUITIES |
N/A (AS
OF DEC. 31, 2004) |
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PAYMENT |
NOT YET
DETERMINED |
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RECOMM.
CREDIT RANGE |
COD to small amount |
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MARKET CONDITION |
COMPETITIVE |
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FINANCIAL CONDITION |
UNDETERMINED |
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OPERATIONAL TREND |
STEADY |
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GENERAL REPUTATION |
AVERAGE |
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EXCHANGE
RATE |
RMB8.09080=US1$
AS OF 2005-09-20 |
Adopted abbreviations
ANS -
amount not stated
NS - not
stated
SC -
subject company (the company inquired by you)
NA - not
available
RMB - China
Ren Min Bi Yuan
SC
was registered as a limited liabilities
company at local Administration for Industry & Commerce (The
official body of issuing and renewing business license) on Apr. 1, 2005.
SC’s registered business scope includes
operating and acting as an agent of importing and exporting various goods and
technologies; selling chemical materials and products, rubber and rubber
products and chemical equipment.
Mr. Fu
Xiaoli was registered as legal representative.
SC is
currently operating at the above stated address, and this address houses its
operating office in the commercial zone of Changzhou. Our checks reveal that SC
rents the total premise about 60 square meters.
SC is not known to host website of its own.
Incorporated
as a fairly new company in Apr. 2005, SC may have no business at present. From
the service telephone of Fenghuang Building, we knew SC did operate in Room
1012 Fenghuang Building and its telephone number is 0519-6182435, but no person
answer it all day.
MAIN SHAREHOLDERS
Name % of shareholding
Fu Xiaoli 75
Zhang Shujuan 25
l
Legal representative
Mr.
Fu Xiaoli was registered as legal representative of SC.
SC’s operating business was
unavailable at present for failing to contact it.
SC is
not known to have any subsidiary at present.
Overall payment appraisal
(
) Excellent ( ) Good
( ) Average ( )
Fair ( ) Poor (X) Not yet
determined
The appraisal serves as a
reference to reveal SC's payments habits and ability to pay. It is based on the 3 weighed factors: Trade payment experience (through current
enquiry with SC's suppliers), our delinquent payment and our debt collection
record concerning SC.
Trade
payment experience
unavailable.
Note
In some
instances, payment beyond terms can be the result of disputes over merchandise,
lost invoices, disputed accounts & etc.
Delinquent payment record
None in our database.
Debt collection record
No overdue amount owed by SC was
placed to us for collection within the last 6 years.
N/A
AC# : N/A
Relationship:
Normal.
SC was
registered in Apr. 2005 and in local Administration for Industry and Commerce,
so we did not found its Finance information.
SC was
established recently in 2005, and its credit has not been established yet.
Credit dealings with SC are recommended under secured terms.
RATING EXPLANATIONS
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 |
Unfavourable & favourable
factors carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
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 |