MIRA
INFORM REPORT
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Report Date : |
14.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
NELSON JEWELLERY ARTS CO LTD |
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Registered Office : |
2FL Guard Force Centre 3 Hok Yuen St, East Hunghom Kowloon, |
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Country : |
Hong Kong |
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Date of Incorporation : |
02.11.1984 |
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Com. Reg. No.: |
143110 |
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Legal Form : |
Private Company |
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Line of Business : |
Manufacturer of Gold Jewelry |
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. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
COMPANY NAME &
ADDRESS
NELSON JEWELLERY ARTS CO LTD
2FL GUARD FORCE CENTRE 3 HOK YUEN ST, EAST HUNGHOM KOWLOON, HONG KONG.
TEL: 852-23622888
FAX: 852-27644028
EXECUTIVE SUMMARY
INCORPORATION DATE :
NOVEMBER 2, 1984
REGISTRATION NO. :
143110
LEGAL FORM :
PRIVATE
CHIEF EXECUTIVE :
MR. NELSON CHI-KAI HO (CHAIRMAN)
STAFF STRENGTH :
250
CAPITAL :
US$ 128,700
BUSINESS LINE :
MANUFACTURER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
AVERAGE
RECOMM. CREDIT RANGE :
MODERATE AMOUNT
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND :
STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.79643 = US$1
Adopted
abbreviations:
ANS - amount not stated
NS - not stated SC - subject
company (the company inquired by you)
NA - not available
M - million HKD –Hong Kong
Dollars
*Company Name*
==============
Also known as NELSON HONG KONG
*Company Registration*
==================
License Number : 143110
Date Issued : 2 November, 1984
Issuing Authority :
Companies Registry
*Capital Details*
============
Authorized capital : HKD
1,000,000 divided into 1,000,000 ordinary shares HKD 1.00/-each, fully paid.
*Office & Facilities*
================
Size : 30,000 sq foot
Comment : Serves as office
and workshop
Other e-mail address:
- nelsonj@netvigator.com
- pancy.cheung@nelson-jewellery.com
- custserv@nelson-jewellery.com (Customer Service Dept)
- hr@nelson-jewellery.com (Human Resources Dept)
*Awards*
========
Award : Best Employer of the Year Award 2004 -
Manufacturing Division
Year :
2004
Award : Innovation Knowledge Enterprise Award
Awarded by : Hong Kong Productivity Council (HKPC)
Guangdong Provincial Intellectual Property Office (GDIPO)
Date : 19 December, 2006
Venue : Hotel InterContinental HongKong
*Approved Signatures*
=================
Mr. Nelson Chi-Kai Ho can sign on behalf of the company with seal
affixed.
www.nelson-jewellery.com
The design is professional and the content is well organized. At present it is
in Japanese, German and English versions.
E-mail: info@nelson-jewellery.com
Litigation (1)
Position :
Defendant
Other Parties Involved :
Position Country Party's Name
Plaintiff USA FEIN DESIGNS CO
LTD LLC
Case Issue : A
petition to the court claiming wit, fraud, breach of contract, misappropriation
of
confidential/proprietary information,
tortious interference, and unfair competition/unfair
trade practices.
Court :
Ohio Court of Appeals, USA
Date Commenced : 27 March,
2003
Status :
Pending
Litigation (2)
Position :
Defendant
Other Parties Involved :
Position Country Party's Name
Plaintiff Hong Kong Mr. Chi-fai
Lau
Case Issue : A
petition to the Court to rule over a labour dispute (filed under case no.
LBTC3820/2002).
Court :
District Court, Hong Kong
Date Commenced : 24 May,
2002
Status :
Not stated
Litigation (3)
Position :
Defendant
Other Parties Involved :
Position Country Party's Name
Plaintiff Hong Kong Mr. Echo Uen Fu
Case Issue : A
petition to the Court to rule over a labour dispute (filed under case no.
LBTC2893/2003).
Court :
District Court, Hong Kong
Date Commenced : 30 April,
2003
Status :
Not stated
*Major Shareholders*
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Total number of shareholders
: 2
Total number of ordinary shares : 1,000,000
Shareholders' Name No. of Ordinary
Shares Amount of Shares (HKD) % of Shares
--------------------------
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---------------------------------
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Mr. Nelson Chi-Kai Ho 999,999 999,999.00 99.00
Ms. Christina Yuk-Wah Chung 1
1.00 1.00
*Director's Details*
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Ms. Christina Yuk-Wah Chung
HKID no : E771537(8)
Email : christina.chung@nelson-jewellery.com
Address : 2Fl Guard Force Centre 3 Hok Yuen St East Hunghom Kowloon
Hong Kong
*Company Secretary*
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Mr. Lai Lok Chung
HKID no : G276797(9)
Email : rico.chung@nelson-jewellery.com
Address : 2Fl Guard Force Centre 3 Hok Yuen St East Hunghom Kowloon
Hong Kong
*Corporate Ownership*
=================
Owned locally in partnership with a USA-based company.
Management:
Mr. Michael Luk, General Manager
Ms. Candice Lau, General Manager
Mr. Jack Chan, Manager
Name Nationality Job Description
Mr. Michael Luk Hong
Kong General Manager
Ms. Candice Lau Hong
Kong General Manager
Mr. Jack Chan Hong
Kong Manager
Mr. Nelson Chi-Kai Ho Hong Kong Managing Director
*Key Personnel*
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Mr. Nelson Chi-Kai Ho
HKID no : G065342(9)
Email : nelson.ho@nelson-jewellery.com
Address : 2Fl Guard Force Centre
3 Hok Yuen St East Hunghom Kowloon Hong Kong
Responsibility :
Handles the overall management of the company.
Products:
18k gold jewelry
Band ring
Diamond jewelry
Diamond rings
Emerald jewelry
*Long & Short Term Investment*
========================
Type of investment :
Management System Investment
Year of investment : 2000
Investment amount : More
than USD 2 million
Details : Mr. Ho invested more than USD 2
million to introduce the world's premier SAP-ERP
Enterprise Resource Management System
*Quality Certification*
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Received an ISO 9001 : 2000 international accreditation
*Exhibition Participation*
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Participated in the following local exhibitions:
Exhibition/Fair : Hong Kong Int'l
Jewelry Manufacturers Exhibition
Dates attended : 6-9 March, 2000
Location : Hongkong Convention &
Exhibition Centre
Exhibition/Fair :
Hong Kong Int'l Jewellery Show
Date attended : 6-9 March, 2006
Location :
Hong kong
*Associations*
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Member of Gem & Lapidary Dealers Association
*Subsidiaries, Joint-ventures & Affiliates*
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Maintains the following:
- Workshops and factory in Guangdong and Huizhou in China with a total
of 500-999 employees
- Diamond polishing facility in Thailand
- Overseas sales offices USA, Australia, Germany
- A total of 3,000 employees worldwide
*(Subsidiaries, Joint-ventures & Affiliates)
==============================
Company Name : A & N CO PTY LTD
Address : Suite 9, 323-327 Pitt St Sydney 2000 NSW Australia
Country : Australia
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Giftware & Jewellery
Company Name : NELSON JEWELLERY ARTS CO LTD
Address : 14Fl Surawongwatthanakarn Bldg 322/22 Surawong Rd Siprya
Bangrak Bangkok 10500 Thailand
Country : Thailand
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Giftware & Jewellery
Company Name : NELSON JEWELLERY ARTS CO LTD - GUANGZHOU FACTORY
Address : 18 Jie-jin 2 Rd Sha-tou Town Panyu Hsien Guangzhou 511490
Guangdong China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Giftware & Jewellery
Company Name : NELSON JEWELLERY ARTS CO LTD - HUIZHOU FACTORY
Address : Communication Bldg Right Side Xi-lin Bridge Xiang-bin East Rd
Long-cheng Town Long-men County Huizhou 516800 Guangdong China
Country : China
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Manufacturer
Industry : Giftware & Jewellery
Company Name : NELSON JEWELLERY INC
Address : Suite 300 Crown Plaza 631 South Olive St Los Angeles 90014
California USA
Country : USA
Relationship : Subsidiary
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Giftware & Jewellery
PAYMENT RATING : 3 OBTAINED SCORES : 52
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Rating Key |
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 MODERATE amounts depending on individual judgement experience.
SC’s financial highlights details are not available at present.
SC is considered medium-sized in its line with an acceptable base to
come into credit dealings of moderate amount.
Attached: trade references
SIC PRODUCT
CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 3911
Jewelry, of precious metal
Exporting 3961
Jewelry of materials other
than solid gold, platinum & silver
Exporting 5094
Jewelry/Watches/Precious
Mtl
Manufacturing 3911 Jewelry, of precious metal
Manufacturing 3961 Jewelry of materials other than
solid gold, platinum & silver
Manufacturing 5094 Jewelry/Watches/Precious Mtl
HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 7100
Pearls, stones, prec. metals,
imitation jewelry, coins
Exporting 7102
Diamonds, worked or not,
not mounted or set
Exporting 7113
Articles of jewelry &
parts, of precious metal or clad
Exporting 7116201000
Jewelry of precious or semiprecious
stones
Manufacturing 7100 Pearls, stones, prec. metals,
imitation jewelry, coins
Manufacturing 7102 Diamonds, worked or not, not
mounted or set
Manufacturing 7113 Articles of jewelry & parts,
of precious metal or clad
Manufacturing 7116201000
Jewelry of precious or semiprecious
stones
Service 9960
Export trading/management
company
DETAILED PRODUCT CLASSIFICATION &
ACTIVITY
Activity Product/Service
Description
Manufacturer Emerald jewelry
Manufacturer Ruby set jewelry
Manufacturer Sapphire jewelry
Manufacturer 18k gold jewelry
Manufacturer Platinum jewelry
Manufacturer Jewelry rings
Manufacturer Pearl jewelry
Manufacturer Diamond rings
Manufacturer Band ring
Manufacturer Jewelry
INTERNATIONAL TRADE: ACTIVITY & MARKETS
Exporting to Asia
Exporting to Europe
Exporting to Japan
Exporting to North
America
Exporting to Taiwan
Exporting to USA
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%)