MIRA
INFORM REPORT
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Report Date : |
03.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
GOLDEN WORLD ENTERPRISES LTD. |
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Registered Office : |
21/F, New World Tower 118,Queen's Road Central |
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Country : |
Hong Kong |
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Date of Incorporation : |
7-5-1991 |
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Com. Reg. No.: |
308677 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
-- |
RATING &
COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Undetermined |
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Payment Behaviour : |
-- |
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Litigation : |
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name & address
GOLDEN WORLD ENTERPRISES LTD.
21/F, NEW WORLD TOWER 118,QUEEN'S ROAD CENTRAL,
HONG KONG.(MOST LIKELY
ADDRESS)
TEL : NOT REGISTERED
FAX : NOT REGISTERED
Narrative report
This refers to a type of report whose format is different from that of a
standard report. Such type of report is provided when:
l
Information obtained is insufficient for compiling a standard report.
l
The enquired co has been out of business or its business address has
been untraceable.
It should be noted that the time and manpower spent on preparing such
type of report might be greater than those on a standard report. On many
occasions, the information in this type of report still indicates the current
status of the enquired co. and serves as a useful reference to assess its credit
standing.
SC is a private limited co. incorporated under co. file no.
308677 on 7-5-1991.
Details of its incorporation information are shown to be as
follows:
Authorized capital :$2M divided into 2M shares @$1.-
Paid-up capital :$1M
Shareholders/subscribers (as at 7-5-2006)
Name(s), ID/passport number, nationality & registered
address No. of Shares
- Clever Time Investments Ltd. 999,990
/ P O Box 71, Craigmuir Chambers, Road Town, Tortola, BVI.
- Ever Wealthy Investments Ltd. 10
/ -- ditto --
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1,000,000
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Directors(as at 5-7-2006)
Name(s), ID/passport number & nationality Registered address
- Lam Kwing Chan David Flat D, 12/F, Woodland
Heights, 2 Wong Nei
/ A895293(3) Chung Road, HK.
- Lam Kwing Wai Alvin 11/F, Golden Resources Centre, 2-12 Cheung
/ A977091(A) Tat Road, Tsing Yi Island, N.T., HK.
- Lam Hing Sie / A038428(6) Flat C7, Alpine Court, 12 Kotewall Road,
HK.
- Cheng Kam Chiu / D095519(2) 20/F, 30 Tin Hau Temple Road, HK.
- Tsang Siu Hung / E571629(6) Flat 403, 4/F, Block A, Oriental Garden,
236-8 Prince Edward Road, Kowloon, HK.
The above information is based on SC's registration
documents filed in Companies Registry within the last 2 years.
The registered address of SC is `11/F, Golden Resources
Centre, 2-12 Cheung Tat Road, Tsing Yi Island, N.T., HK.'
This section will contain the civil litigations &
winding-up petitions filed against SC for the last 6 years (as stored in our
database), and the mortgage/charge filed by SC for the last 2 years. In Hong
Kong, creation of such mortgage/charges by an unlimited co is not required to
be registered in the public records.
Civil litigation/winding-up petitions : None in our database.
Mortgage/charge record(s) : None filed since its incorporation date.
Lam Kwing Chan David, director:
- Also currently director of Golden Resources Development International
Ltd., a listed co. on HKSE with stock code 677.
Credit history check : This
refers to a check of our database whether the said person has been involved in
any of the following records stored by us within the last 6 years:
Civil litigation as defendants : None
in our database
Bankruptcy/winding-up petitions : None
in our database
Delinquent payment records : None in our database
Debt collection records
: No overdue amount owed by the said
person was placed to us
for
collection
Lam Kwing Wai Alvin, director:
- Also director of Golden Resources Development
International Ltd., a listed co. on HKSE with stock code 677.
Detailed information regarding its activities is not
available.
SC is not known to have any subsidiary at present.
A visit to the premises at the heading business address by
our field reporter revealed the following:
The address is a commercial premises outside of which
following co. name(s) were seen on display:
- SBC International
The gross area of the premises is estimated at 4,000 square
feet.
Condition inside the premises during our visit: Normal
Office/factory outlay: Standard
The premises is occupied as office by SBC International
which is a business centre. The said co. provides operational (like telephone,
fax & office equipment) & clerical support service to its clients each
of whom usually sub-leases a desk or a room as office there.
Our reporter then contacted a female staff member of the
said co.
She confirmed that SC is one of the many cos. whose
secretarial & accounting affairs are being handled by them.
She had promised to pass our message & deliver our
brochure & questionnaire to SC's principal(s). However, we have not yet received any reply.
On the same day, our reporter visited SC's registered
address and reported as follows:
The address is a commercial premises outside of which
following co. name(s) were seen on display:
- Golden Resources Development International Ltd.
The gross area of the premises is estimated at 10,000 square
feet.
Condition inside the premises during our visit: Normal
Office/factory outlay: Standard
Our reporter then contacted a female staff member of the
said co.
She refused providing any information regarding SC.
Our current inquiry reveals that no such name as SC is
registered as a current user of local fixed line telephone companies.
Despite having exhausted all our effort, we are unable to
obtain sufficient information to assess SC's credit standing.
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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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%)