MIRA
INFORM REPORT
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Report Date : |
04.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
BICROSSING INTERNATIONAL LTD. |
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Registered Office : |
13/F, Tung Sun Commercial Centre, 200 Lockhartroad,
Wanchai |
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Country : |
Hong Kong |
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Date of Incorporation : |
6-9-2006 |
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Com. Reg. No.: |
1072210 |
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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 : |
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 : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
name & address
BICROSSING INTERNATIONAL LTD.
13/F, TUNG SUN COMMERCIAL CENTRE, 200 LOCKHARTROAD, WANCHAI,
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.
Your given name (Bob Zou / Bicrossing International Ltd.) is
not on the company list in Companies Registry in HK.
Based on your given address, we believe that your search
target is Bicrossing International Ltd.
SC is a private limited co. incorporated under co. file no.
1072210 on 6-9-2006.
Details of its incorporation information are shown to be as
follows:
Authorized capital :$10,000 divided into 10,000 shares @$1.-
Paid-up capital :$10,000
Shareholders/subscribers (as at 31-8-2006)
Name(s), ID/passport number, nationality & registered
address No. of Shares
- * Zou Yong / PCHNG08629159 10,000
/ Room 502, Unit 1, Block 10, Zhong Xin Xin Tian Di,
South City District, Dongguan Province, Guangdong Province,
PR China =====
Directors(as at 6-9-2006)
Name(s), ID/passport number & nationality Registered address
* Also director
The above information is based on SC's registration
documents filed in Companies Registry within the last 2 years.
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.
Zou Yong, director:
- He is a Chinese mainlander
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
A check of our database & enquiry with outside sources
indicate no information regarding the background of SC's principals. Besides, SC's principals could not be
contacted for enquiry during our course of report preparation.
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 SC's
name was not seen on display. Instead,
the following co. name(s) was/were seen on display:
- Success Business Centre
Condition inside the premises during our visit: Normal
Office/factory outlay: Standard
The premises is occupied as office by Success Business
Centre 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.
Our current inquiry reveals that no such name as SC is
registered as a current user of local fixed line telephone companies.
Our inquiry revealed that the contact information of Success
Business Centre is as follows:
- Tel: 852-28028328
- Fax: 852-28024607
Through a call made to the captioned tel. no., we managed to
contact a female staff member of the said company. She claimed the heading
address is the correspondence address of SC in HK but refused disclosing any
further details of SC unless the identity of inquiring party is disclosed.
Despite having exhausted all our effort, we are unable to obtain sufficient information to assess SC's credit standing.
-- Asset Tracing --
Upon our current investigation, our database & sources
consulted indicate that SC was not involved in any property transaction (both
purchase & disposal) in Hong Kong for the last 6 years.
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%)