MIRA
INFORM REPORT
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Report Date : |
14.08.2007 |
IDENTIFICATION DETAILS
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Name : |
SU YI KWANG |
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Registered Office : |
Flat A-4, 9/F, |
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Country : |
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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 |
name & address
SU YI KWANG (AS GIVEN)
FLAT A-4, 9/F,
TSIMSHATSUI,
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.
Our current search indicates no such co. spelt as SC is on the
incorporated companies list in either Companies Registry or Business Registration
Office in
We believe that your given co. name that Su Yi Kwang is an individuals
name.
SC management declined to release its public filings
details at present.
Su Yi Kwang (provided by you):
Credit history check : This
refers to a check of our database whether the said person has been involved in
any of the following 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
Detailed information regarding its activities is not available.
Property ownership: Current land search indicates that the ownership
details of the heading business address is as follows:
- Owners(s) : Lee Yiu Fu
- Date of purchase & amount: 31-5-2001 / HK$880,000
- Date of mortgage & secured amount: 31-5-2001 / ANS
- Mortgagee: Industrial & Commercial Bank
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 residential premises outside of which no company name
was seen on display.
The gross area of the premises is estimated at 700 square feet.
Condition inside the premises during our visit:
Office/factory outlay: Standard
We managed to contact a male who identified himself as "Su Yi
Kwang". However, he refused to disclose any information. In addition, we
had delivered our brochure & questionnaire to Su Yi Kwang, but 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.
Information on hand would not seem to warrant any credit consideration.
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. |
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%)