MIRA
INFORM REPORT
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Report Date : |
8th
November, 2006 |
IDENTIFICATION
DETAILS
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Name : |
EASYTRADE SOLUTIONS LTD |
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Registered Office : |
15FL,
80 GLOUCESTER RD WANCHAI, HONG KONG |
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Country : |
Hong
Kong |
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Date of Incorporation : |
29.01.2001 |
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Com. Reg. No.: |
0745258 |
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Legal Form : |
PRIVATE LIMITED COMPANY |
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Line of Business : |
Operates as a
B2B e-market place. |
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 |
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 : |
Small
Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
Company Name
EASYTRADE SOLUTIONS LTD
15FL, 80
GLOUCESTER RD WANCHAI, HONG KONG
TEL : 852 35903606
FAX :
852 26140366
EXECUTIVE SUMMARY
INCORPORATION
DATE : JANUARY 29, 2001
REGISTRATION
NO. : 0745258
CHIEF
EXECUTIVE : MR.
CHI-KEUNG YIU (DIRECTOR)
STAFF
STRENGTH : 50
CAPITAL : US$ 1,284
BUSINESS
LINE : SERVICE
TURNOVER : N/A (AS OF DEC.
31, 2005)
EQUITIES : N/A (AS OF
DEC. 31, 2005)
PAYMENT
: AVERAGE
RECOMM.
CREDIT RANGE : UP TO USD 15,000
MARKET CONDITION : COMPETITIVE
FINANCIAL CONDITION : FAIRLY STABLE
OPERATIONAL TREN : FAIRLY STEADY
GENERAL REPUTATION : AVERAGE
EXCHNAGE RATE : HKD 7.78522 = US$1 AS OF 2006-11-8
*Company
Registration*
===================
(1)
License
number : 0745258
Date issued :
29 January, 2001
Issuing authority :
Companies Registry
(2)
License
number : 31883710-000
Date issued :
N/A
Issuing
authority : Inland Revenue Dept.
Type of
license : Business Registration
*Capital Details*
============
Authorized capital
: HKD 10,000.00, fully paid
*Registered
Office*
==============
Although the
company is operating its main business from the address listed above, the
actual business license is legally registered at :
Address : 10Fl Everest Industrial Center - Block Q
396 Kwun Tong Rd Kwun Tong Kowloon
*Office &
Facilities*
===============
Other e-mail :sales@easytrade.com.
*Reputation*
==========
Reference checking
for the purpose of establishing the firm's reputation within the respective
industry failed to reveal any negative information.
Website : www.easytrade.com The
design is professional and the content is well organized. At present it is in
both Chinese and English versions.
E-mail : cs@easytrade.com
For the past two years there is no record of
litigation.
*Major
Shareholders*
===================
Shareholders'
Name %
of Shares
--------------------------- ----------------
Ms. Emily Y. Y.
Lee & Mr. Chi-keung Yiu 90.00
Undisclosed
investors 10.00
*Directors'
Details*
===============
(1)
Emily Y. Y. Lee
National ID
No. : D847296(4)
Address : Flat D 13Fl Yee Shan Mansion, Taikoo Shing, Hong Kong
Date of
appointment : 11 September, 2006
(2)
Chi-keung Yiu
National ID
No. : K151770(8)
Address
: Flat 1612 Hong Shing Hse Cheung Hong Estate,
Tsing Yi Island, New
Territories Hong Kong
Date of
appointment : 21 June, 2001
Name Nationality Job Description
Mr. Chi-keung Yiu Hong Kong Director
Ms. Emily Y. Y.
Lee Hong Kong Director
*Main Products
& Services*
======================
Operates as a B2B
e-market place.
Products : B2B
e-commerce solutions
Business-to-business
(B2B)
E-business
operations
E-business
solutions
On-line
advertising
*(Subsidiaries , Joint-ventures
& Affiliates)
===============================
Company Name : EASYTRADE SOLUTIONS LTD
Global Identifier : P0872500
Address : Suite 166, 22446 Davis
Drive Sterling 20164 Virginia USA
Country : USA
Relationship : Subsidiary
Legal Form : Private Limited Company
Company Type : Service
Industry : Internet Portals
Company Name : EASYTRADE SOLUTIONS LTD
Global Identifier : P0872509
Address : 2Fl, 23 Xierzi St Hubin
North Rd Zhongshan Guangdong China
Country : China
Relationship : Subsidiary
Legal Form : Private Limited Company
Company Type : Service
Industry : Internet Portals
PAYMENT
RATING : 4 OBTAINED
SCORES : 48
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Implication |
Implications |
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1 |
Scores 85–100 |
Excellent |
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2 |
Scores 75 – 84 |
Above Average |
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3 |
Scores 50 – 74 |
Average |
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4 |
Scores 35 – 49 |
Fair |
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5 |
Scores 15 – 34 |
Below Average |
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6 |
Scores 01 – 14 |
Poor |
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NR |
No Data |
No Data |
The rating indicates the payment pattern of
SC based upon our Payment Database, comments from suppliers of SC, information
from banks (if available), as well as industrial sources.
Dealings on
open terms may be possible for SMALL amounts depending on individual judgement
experience.
As a private
limited company there is no legal requirement according to local corporate law
for public disclosure of detailed financials.
SC is considered small-sized in
its line with favorable market conditions. It is considered a credit line up to
USD15,000 appears to be within SC’s capacities.
Attached: trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code
Product/Service
Description
Service 7375
Information Retrieval Svcs
Service 7379
Computer Related Svcs, NEC
HARMONIZED PRODUCT CLASSIFICATION &
ACTIVITY
Activity Code
Product/Service
Description
Service 9919
Information retrieval
services
Service 9923
Computer related services,
nec
DETAILED PRODUCT CLASSIFICATION &
ACTIVITY
Activity Product/Service
Description
Service On-line
advertising solutions
Service On-line
business
Service On-line
business solutions
Service On-line
marketing
Service On-line
marketing solutions
Service On-line
searching
Service On-line shopping
Service On-line
trade information
Service On-line
trading
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 |
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 |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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