MIRA
INFORM REPORT
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Report Date : |
5th
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
AMER SPORTS SOURCING LTD |
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Registered Office : |
Unit 1102-5 World Commerce Centre 11Canton Road, Tsimshatsui
Kowloon Hongkong. |
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Country : |
Hong Kong |
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Date of Incorporation : |
14.02.2005 |
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Com. Reg. No.: |
951324 |
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Legal Form : |
Private
Limited Company |
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Line of Business : |
Wholesale
trade of sporting goods. |
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 : |
Regular |
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Litigation : |
Clear |
Company name & Address
AMER SPORTS SOURCING LTD
UNIT 1102-5 WORLD COMMERCE
CENTRE 11，CANTON ROAD, TSIMSHATSUI KOWLOON HONGKONG
TEL :852-21955100
FAX :886-28818010
EXECUTIVE SUMMARY
INCORPORATION
DATE : FEBRUARY14 2005
REGISTRATION NO. :
951324
LEGAL FORM :
PRIVATE LIMITED COMPANY
CHIEF EXECUTIVE :
MR.FREDERICK WAN, MANAGER (CHAIRMAN)
STAFF STRENGTH :
25
CAPITAL :
US$1,287
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2005)
EQUITIES :
N/A (AS OF DEC. 31, 2005)
PAYMENT :
FAIR
RECOMM. CREDIT RANGE :
SMALL AMOUNT
MARKET
CONDITION : COMPETITIVE
FINANCIAL
CONDITION : FAIRLY STABLE
OPERATIONAL
TREND : STEADY
GENERAL
REPUTATION : AVERAGE
EXCHANGE
RATE : HKD 7.80836 =
US$1 AS OF 2007-2-5
Adopted abbreviations:
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
M - million
TWD –Taiwan New Dollars
*Company
Registration*
===================
(1)
License
number : 951324
Date
issued : 14 February, 2005
Issuing
authority : Companies Registry
Type of
license : Corporate
(2)
License
number : 36571502-000
Issuing
authority : Business Registration Office - Inland Revenue Dept
Type of
license : Business
*Company
Name*
=============
Incorporated
as : GLORY IN INVESTMENTS LTD
Date of
incorporation : 14 February, 2005
Changed
name to : AMER SPORTS SOURCING LTD
Date of
change : 25 April, 2006
*Capital
Details*
============
Share
value : HKD 1.00/-each
Authorized
capital : HKD 10,000.00
Paid-up
capital : HKD 1.00 divided into 1 ordinary share
*Reputation*
==========
Due to
the lack of any third party references, We
were unable to establish the level of the firm's reputation within the
respective industry.
SC is not known to host website of its own at present
Email : frederick.wan@amersports.com
For the
past two years there is no record of litigation.
*Major
Shareholders*
=================
Total
number of shareholder : 1
Shareholder's
Name % of Shares
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BLUE
SYSTEM INC
100.00
Direct
Parent : BILLION WELL NOMINEES LTD
License Number :
951324
Country :
HONGKONG
*Company Secretary*
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SSD CORPORATE SERVICES LTD
Address : Rm 4008,
40Fl Gloucester Tower The Landmark 15 Queen's Rd Central Hong Kong
CR no. : 1025514
*Key Personnel*
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Personal
Unique Identifier : MI01735980
Name : Mr. Frederick Wan Sex : M
Email : frederick.wan@amersports.com
*Main
Products & Services*
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Specializes
in the wholesale trade of sporting goods.
*Payment
Terms*
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Sales
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Local : Cash or Credit
Purchases
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Local : Cash or Credit
Import :
Letter of Credit (L/C)
Telegraphic
Transfer (T/T)
*Subsidiaries, Joint-ventures & Affiliates*
==============================
Maintains a representative office in China Mainland.
PAYMENT RATING :4 OBTAINED SCORES :
45
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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
Bank
Name : CITIGROUP GLOBAL
MARKETS ASIA LTD
Global
Identifier : 30401401
Branch : Hunghom, Kowloon
Branch
Address : 9Fl Two Harbourfront
22 Tak Fung St
SWIFT
Code : SBHKHKH1
As a
private limited company there is no legal requirement according to local
corporate law for public disclosure of detailed financials.
an
SC is
considered small-sized in its line with a short operating history. Credit
dealings with SC should be confined into small amount at present.
ATTACHED: TRADE REFERENCES
SIC
PRODUCT CLASSIFICATION & ACTIVITY
Activity
Code Product/Service Description
Trading
3949 Sporting
and athletic goods, and parts
Trading
5091
Sporting/Rec Goods & Supplies
Trading
5139 Footwear
HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY
Activity
Code Product/Service Description
Trading
6405 Footwear
Trading
9500 Toys, games
& sports equip; parts & accessories
Trading
9506 Articles
& equip for sports etc; pools; parts
DETAILED
PRODUCT CLASSIFICATION & ACTIVITY
Activity
Product/Service Description
INTERNATIONAL
TRADE : ACTIVITY & MARKETS
Importing from Europe
Importing from Finland
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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