MIRA
INFORM REPORT
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Report Date : |
17.01.2007 |
IDENTIFICATION
DETAILS
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Name : |
CONSTANT JEWELLERY CO LTD |
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Registered Office : |
Flat B 8fl Mercantile House 186-188
Nathan Rd, Tsimshatsui Kowloon |
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Country : |
Hong Kong |
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Date of Incorporation : |
APRIL 19,
1988 |
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Com. Reg. No.: |
0214174 |
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Legal Form : |
Private |
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Line of Business : |
Trading
of jewelry products. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & ADDRESS
CONSTANT JEWELLERY CO LTD
FLAT B 8FL MERCANTILE HOUSE 186-188 NATHAN RD
TSIMSHATSUI KOWLOON HONG KONG,
TEL: 852-27740668 FAX: 852-27355220
EXECUTIVE SUMMARY
INCORPORATION
DATE : APRIL 19, 1988
REGISTRATION
NO. : 0214174
LEGAL
FORM : PRIVATE
CHIEF
EXECUTIVE : MS. CONNIE
LAI-CHU CHOW (CHAIRMAN)
STAFF
STRENGTH : 5
CAPITAL : US$ 1,287
BUSINESS
LINE : TRADER
TURNOVER : N/A (AS OF DEC.
31, 2005)
EQUITIES : N/A (AS OF
DEC. 31, 2005)
PAYMENT : AVERAGE
RECOMM.
CREDIT RANGE : MODERATE AMOUNT
MARKET
CONDITION : COMPETITIVE
FINANCIAL
CONDITION : STABLE
OPERATIONAL
TREND : STEADY
GENERAL
REPUTATION : AVERAGE
EXCHANGE
RATE : HKD 7.79889 =
US$1 AS OF 2007-1-16
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
Registration*
===================
(1)
License
number : 0214174
Date
issued : 19 April, 1988
Issuing
authority : Companies Registry
Type of
license : Corporate
(2)
License
number : 11752961
Issuing
authority : Business Registration
Office - Inland Revenue Department
Type of
license : Business
*Capital
Details*
============
Share
value : HKD 10.00/-each
Authorized
capital : HKD 10,000.00
Paid-up
capital : HKD 1,000.00 divided into
100 shares
*Office
& Facilities*
================
Other
tel. no. : 27740707
Previous
Contact Detail
---------------------------------
Address : Rm 1107 Heng Ngai Jewelry Centre 4 Hok
Yuen St East Hunghom Hong Kong
*Corporate
& Organization Structure*
=============================
A small
sized company operated and managed by an experienced team of professionals.
*Approved
Signatures*
================
Only Ms.
Connie Lai-chu Chow can sign on behalf of the company with seal affixed.
SC is
not known to host website of its own at present.
Litigation
( 1 )
Position
: Defendant
Other
Parties Involved : Position Country Party's Name
Plaintiff GAMMON SECURITY & TECHNOLOGY LTD
Case
Issue : A petition to the court claiming overdue payment of disclosed amount
for services rendered (filed under case no. SCTC41365/2001)
Court :
District Court, Hong Kong
Date
Commenced : 19 November, 2001
Status :
Not stated
*Major
Shareholders*
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Total
number of shareholders : 2
Total
number of shares : 100
Shareholders'
Name No. of Shares Amount of Shares(HKD) % of Shares
-------------------------- ------------------ --------------------------------- ----------------
Ms.
Connie Lai-chu Chow 90 900.00 90.00
Mr.
Chi-ki Chow
10
100.00
10.00
*Director's
Details*
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Mr.
Chi-kit Chow
HKID
no : E265015(4)
Address : Flat 9D MieKie Mansion 461
Castle Peak Rd Kowloon Hong Kong
*Company
Secretary*
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Ms.
Connie Lai-chu Chow
Founder : Co-founder
HKID
no : E368531(8)
Address : Flat 9D MieKie Mansion 461
Castle Peak Rd Kowloon Hong Kong
Work
experience : More than 15 years
Responsibilities : Handles the overall operation of the
firm including all financials and legal matters.
Management:
Ms. Connie Lai-chu Chow, General Manager
*Key
Personnel*
=============
Ms.
Connie Lai-chu Chow
Founder : Co-founder
HKID
no : E368531(8)
Address : Flat 9D MieKie Mansion 461
Castle Peak Rd Kowloon Hong Kong
Work
experience : More than 15 years
Responsibilities : Handles the overall operation of the
firm including all financials and legal matters.
*Main
Products & Services*
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Specializes
in trading of jewelry products.
Products:
Gold
Jewelry
*Payment
Terms*
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Sales
-------
Export :
Letter of Credit (L/C)
Telegraphic Transfer (T/T)
Purchases
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Import :
Letter of Credit (L/C)
Telegraphic Transfer (T/T)
*Local
Distribution Network*
======================
There is
no record of local sales since the prime focus of the firm's activity is
concentrated on exports only.
*Export
Markets*
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100% of
the annual turnover is attributed to export.
SC is not known to have any subsidiary at present.
PAYMENT RATING : 3 OBTAINED SCORES : 52
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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
MODERATE amounts depending on individual judgement experience.
As a
private limited company there is no legal requirement according to local
corporate law for public disclosure of detailed financials.
SC is an
old established company with a small size. Credit dealings with SC in moderate
amount can be considered.
Attached:
trade references
SIC
PRODUCT CLASSIFICATION & ACTIVITY
Activity
Code Product/Service Description
Trading 3911
Jewelry, of precious metal
Trading 3961
Jewelry of materials other than solid
gold, platinum & silver
Trading 5094
Jewelry/Watches/Precious
HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY
Activity
Code Product/Service Description
Trading 7113
Articles of jewelry &
parts, of precious metal or clad
Trading 7113195000
Gold jewelry, goldsmiths wares and
other gold articles
Trading 7116201000
Jewelry of precious or semiprecious
stones
INTERNATIONAL TRADE: ACTIVITY & MARKETS
Exporting
to Asia
Exporting
to Europe
Exporting
to North America
Exporting
to USA
Importing
from Asia
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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