MIRA
INFORM REPORT
|
Report Date : |
7th
February, 2007 |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
|
Status : |
Closed
down |
|
|
|
|
Payment Behaviour : |
-- |
|
|
|
|
Litigation : |
-- |
Company Name
DONGGUAN LONGJI glove factory co., ltd.
(PAN UNITED WORLDWIDE CO., LTD.)
TEL : 86
(0)
FAX : 86
(0)
Alert 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.
The
telephone number client provided in the order are 0086 769-2170585 and
22170585. We dialed the number of 0769-2170551 (upgraded to 0769-22170551 at
present) and one lady who refused to release her name answered the phone.
However, the lady does not know of the given name in the order - Pan United
Worldwide Ltd. and the given address of 4/F No. 5 Sec. 2 An Ho Road, Taibei,
Taiwan.
According
to the lady, the telephone number now belongs to Daya Shoes Factory, which
locates at Shuishe Yong Wanjiang District Dongguan, Guangdong.
Also she
confirmed that it was Dongguan Longji Glove Factory
Co., Ltd. that previously operated at this address and Mr. Peter Chien
(contact person in the order) was the manager of the previous company, but it moved
away in Sep. of 2005 and left no new contact information.
Careful investigations were made with the
Enterprise Registered Bureau of Taiwan according the English name of Pan United Worldwide Ltd., but no record was found.
At Dongguan Administration of Industry &
Commerce (the official body of issuing and renewing business license), we found
the registered information of Dongguan Longji Glove Factory Co., Ltd. But according to the record, it was closed
in Sep. of 2006. SC’s former registration details are shown as below:
Registered
number : 003280
Legal rep :
Qian Yanchao
Registered capital :
6,739,000 HKD.
Incorporated date : Oct.
18, 1993.
Business Scope :
manufactruing and selling leather glove, cloth glove, cloth hats, furriery, cloth
shawl.
Shareholder:
Longji Industry Co., Ltd. (Taiwan) 100%
Registered add: The No. 3 Industrial Zone, Shuishe Yong Wangjiang
District, Dongguan
It seems SC has been closed and no credit
dealing is recommended to such an entity who claims with the given company present.
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
|
NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
|