MIRA
INFORM REPORT
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Report Date : |
05.07.2007 |
IDENTIFICATION DETAILS
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Name : |
CELTON LTD |
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Registered Office : |
Rm 903-7, 9 Floor, |
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Country : |
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Date of Incorporation : |
23.06.1993 |
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Com. Reg. No.: |
0429275 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Import of various kinds of garments. Sales and distribution to local and export markets |
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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Maximum Credit Limit : |
USD 75,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
COMPANY NAME &
ADDRESS
CELTON LTD
RM 903-7, 9FL
TSIMSHATSUI
TEL:852-23753336
FAX:852-23149428
EXECUTIVE SUMMARY
INCORPORATION DATE :
JUNE 23, 1993
REGISTRATION NO. :
0429275
LEGAL FORM :
PRIVATE LIMITED COMPANY
CHIEF EXECUTIVE :
N/A
STAFF STRENGTH :
40
CAPITAL :
US$ 172,634
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
AVERAGE
RECOMM.
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND :
FAIRLY STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD7.81190 = US$1 AS OF
*Company History*
================
1980 -
Founded by Mr. Richard Bernard Perez.
1997 -
Established a branch office in
1999 -
Established a branch office in
2001 -
Established CELTON AMERICA INC.
2006 -
Established CELTON SPANISH SA.
*Company Registration*
===================
License number : 0429275
Date issued : 23 June, 1993
Issuing authority : Companies Registry
Legal form : Private Limited Company
Type of license : Corporate
License number : 17597486
Date issued : N/A
Issuing authority : Business Registration Office -
Inland Revenue Dept
Type of license : Business
*Office & Facilities*
================
Other e-mail addresses :
support@celtonhkmedia.com,
nyc@celtonhk.com
*Capital Details*
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Authorized capital : HKD
1,350,000.00 divided into 1,350,000 ordinary shares at HKD 1.00/-each
*Reputation*
==========
Reference checking for the purpose of establishing the firm's reputation
within the respective industry failed to reveal any negative information.
*Approved Signatures*
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Only Mr. Richard Bernard Perez can sign on behalf of the company with
seal affixed.
www.celtonhk.com The design is
professional and the content is well organized. At present it is in English
version.
E-mail: celton@celtonhk.com
For the past two years there is no record of litigation.
*Major Shareholders*
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Total number of shareholders : 2
Total number of ordinary shares :
1,350,000
Shareholders' Name
No. of Ordinary Shares
Amount of Shares (HKD) % of
Shares
---------------------------
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---------------------------------
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WESTBOURNE LTD 675,000 675,000.00 50.00
Richard Bernard Perez 675,000
675,000.00
50.00
*Directors' Details*
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Richard Bernard Perez
HKID no. : P437527(4)
Address : 17Fl
Charles Joory
HKID no. : K270478(1)
Address : Lot
Annie Aknin
Overseas Passport no. :
94029213972
Address :
Rm 1303, 13Fl
*Company Secretary*
=================
ASIARIDER SECRETARIES LTD
Address :
19Fl
CR no. : 251445
SC declined to release its management details at present.
*Main Products & Services*
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Specializes in the following areas of work :
1. Import of various kinds of garments.
2. Sales and distribution to local and export markets.
Carries the following brand names :
- HMI
- Dodge & Viper
- NYC
Products:
Boys jackets
Buttons
Cotton fabrics
Denim fabrics
Fabrics & accessories
*Payment Terms*
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Sales
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Local : Cash or Credit
Export : Letter of Credit (L/C)
Telegraphic Transfer
(T/T)
Purchases
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Local : Cash or Credit
Import : Letter of Credit (L/C)
Telegraphic Transfer
(T/T)
*Associations*
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Member of :
- French Chamber of Commerce and Industry in
*Local Distribution Network*
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Part of the annual turnover is attributed to local sales.
*Export Markets*
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Part of the annual turnover is attributed to export.
*(Subsidiaries, Joint-ventures & Affiliates)
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Company Name : CELTON
AMERICA INC
Address :
Country :
Relationship :
Subsidiary
Legal Form :
Private Limited Company
Company Type : Trader
Industry :
Garments & Accessories
Company Name : CELTON
Address : 11
Rue du Chateau D'Eau Paris 75010
Country :
Relationship :
Subsidiary
Legal Form :
Private Limited Company
Company Type : Trader
Industry :
Garments & Accessories
Company Name : CELTON
LTD
Address :
Flat C 12Fl Catic Tower
Country :
Relationship :
Subsidiary
Legal Form :
Private Limited Company
Company Type :
Manufacturer
Industry :
Garments & Accessories
Company Name : CELTON
SPANISH SA
Address :
Torrent D'en Baiell 10
Country :
Relationship :
Subsidiary
Legal Form :
Private Limited Company
Company Type : Trader
Industry :
Garments & Accessories
Company Name : COURT
INT'L LTD
Address :
9Fl & 13Fl
Country :
Relationship :
Affiliate
Legal Form :
Private Limited Company
Company Type : Trader
Industry :
Garments & Accessories
*Subsidiaries, Joint-ventures & Affiliates*
=================================
Maintains a factory in Qidong Jiansu
*Strategic Partners & Alliances*
=========================
Group name :
CELTON Group
PAYMENT RATING :3 OBTAINED SCORES : 62
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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.
As a private limited company there is no legal requirement according to
local corporate law for public disclosure of detailed financials.
SC is considered small-sized in its line with a long operating history.
It is considered a credit line up to USD 75,000 appears to be within SC’s
capacities.
Attached: trade references
SIC PRODUCT
CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 2300
Apparel/Other Textile Products
Trading 2322
Men's and boys' underwear and
nightwear
Trading 2329
Men's and boys' clothing,
Trading 2335
Women's and misses' dresses
Trading 2389
Apparel and accessories,
Trading 5137
Female/Child Clothing
HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 6100
Articles of apparel &
clothing accessories-knitted or crocheted
Trading 6113000090
Women’s or girl’s garments of
knit/croch fabric other than outer having an
surface impreg, coated etc with
rubber/plastic which obscures underlying matl
Trading 6210
Garments, of felt etc, or
fabric impregnated etc
Trading 621050
Women's wear
Trading 6217
Made-up clothing access,
garment etc parts
Trading 6309
Worn clothing and other
worn textile articles
DETAILED PRODUCT CLASSIFICATION &
ACTIVITY
Activity Product/Service
Description
Trader Ladies' pants
Trader Ladies' skirts
Trader Boys jackets
Trader Girls skirts
Trader Buttons
Trader Sewing threads
Trader Cotton fabrics
Trader Nylon fabrics
Trader Denim fabrics
Trader Fabrics & accessories
INTERNATIONAL TRADE : ACTIVITY & MARKETS
Exporting to
Exporting to
Exporting to
Exporting to
Exporting to
Exporting to
Exporting to
Exporting to
Importing from
Importing from
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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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%)