MIRA INFORM REPORT

 

 

Report Date :

05.07.2006

 

IDENTIFICATION DETAILS

 

Name :

EVS BROADCAST EQUIPMENT LTD

 

 

Registered Office :

430 DB Plaza Discovery Bay Lantau

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

01.11.2002

 

 

Com. Reg. No.:

0820111

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Trading a range of broadcasting and telecommunication equipment

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

USD 5,000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 


COMPANY NAME & ADDRESS

 

EVS BROADCAST EQUIPMENT LTD

430 DB PLAZA DISCOVERY BAY LANTAU HONG KONG.

TEL      : 852-29142501  

FAX      : 852-29142505

 

 

EXECUTIVE SUMMARY

 

INCORPORATION DATE                        : NOVEMBER 1, 2002

REGISTRATION NO.                              : 0820111

LEGAL FORM                                       : PRIVATE LIMITED COMPANY

CHIEF EXECUTIVE                                : MR. LUC ANDRE BERNARD DONEUX (GENERAL MANAGER)

STAFF STRENGTH                                : 5

CAPITAL                                               : US$ 1,279

BUSINESS LINE                                    : TRADER

TURNOVER                                          : N/A (AS OF DEC. 31, 2006)

EQUITIES                                             : N/A (AS OF DEC. 31, 2006)

PAYMENT                                            : AVERAGE

RECOMM. CREDIT RANGE                   : UP TO USD 5,000

MARKET CONDITION                            : AVERAGE

FINANCIAL CONDITION                         : N/A

OPERATIONAL TREND              : FAIRLY STEADY

GENERAL REPUTATION                       : AVERAGE

EXCHANGE RATE                                 : HKD 7.81190 = US$1 AS OF 2007-7-4

 


Rounded Rectangle: HISTORY 

 

 

 


*Company Registration*

===================

License number             : 0820111

Date issued                   : 1 November, 2002

Issuing authority            : Companies Registry

Type of license              : Corporate

 

License number             : 33093989-000

Issuing authority            : Business Registration Office - Inland Revenue Dept

Type of license              : Business 

 

*Office & Facilities*

================

Other Contact Details

-----------------------------

Tech. line no                  : 94012395

Website                        : www.evs.tv

 

*Capital Details*

=============

Authorized capital          : HKD 10,000.00 divided into 10,000 ordinary shares at HKD 1.00/-each, fully paid

 

*Reputation*

==========

Reference checking for the purpose of establishing the firm's reputation within the respective industry failed to reveal any negative information.

 

*Approved Signatures*

==================

Only Mr. Luc Andre Bernard Doneux can sign on behalf of the company with seal affixed.

 

Rounded Rectangle: WEB SITE 

 

 

 


www.evs-global.com The design is professional and the content is well organized. At present it is in English version.

 

E-mail: sales@evs-asia.com.hk

 

 

Rounded Rectangle: LITIGATION 

 

 


For the past two years there is no record of litigation.

 

 

Rounded Rectangle: OWNERSHIP/MANAGEMENT BACKGROUND 

 

 


*Major Shareholders*

=================

Total number of shareholders                  : 2

Total number of ordinary shares   : 10,000

 

Shareholders' Name                                 No. of Ordinary Shares             Amount of Shares (HKD)  % of Shares

 

EVS BROADCAST EQUIPMENT SA                   9,999                                   9,999.00                            99.99

Mr. Pierre M. E. F. L'hoest                                           1                                          1.00                          0.01

 

Note : Mr. Laurent Jose Philippe Minguet has transferred his share to Mr. Pierre M. E. F. L'hoest on 13 June, 2006.

 

*Directors' Details*

===============

 

Mr. Jacques R. A. Galloy

 

Belgium passport no      : EB715070

Address                        : Parc Scientifique Du Sart Tilman Rue Bois St-Jean 16 Ougree 4102 Belgium

 

Mr. Pierre M. E. F. L'hoest

 

Belgium passport no      : EE675816

Address                        : Parc Scientifique Du Sart Tilman Rue Bois St-Jean 16 Ougree 4102 Belgium

 

*Corporate Secretary*

=================

 

HONEY NOMINEES LTD

Address                        : Suite 1908, 19Fl St George's Bldg 2 Ice House St Central Hong Kong

CR no                           : 240378 

 

 

Rounded Rectangle: MANAGEMENT 

 

 


Management : Mr. Luc Andre Bernard Doneux, General Manager

 

Name                                                    Nationality         Job Description

Mr. Luc Andre Bernard Doneux               Belgian             General Manager

 

*Key Personnel*

=============

Mr. Luc Andre Bernard Doneux

 

Belgium passport no      : EC496798

Address                        : Greenmont Court 14C Discovery bay Lantau Hong Kong

Responsibilities             : Handles the overall management of the company.

 

 

Rounded Rectangle: BUSINESS OPERATIONS 

 

 


*Main Products & Services*

======================

Specializes in trading a range of broadcasting and telecommunication equipment. 

 

Products:

 

Broadcasting equipment 

Broadcasting tapes 

Radio equipment 

Telecommunications equipment 

 

*Payment Terms*

==============

Sales

-------

Local   : Cash or credit

Export : Letter of Credit (L/C)

              Telegraphic Transfer (T/T)

 

Purchases

--------------

Import : Letter of Credit (L/C)

              Telegraphic Transfer (T/T)

 

*Local Distribution Network*

=======================

Part of the annual turnover is attributed to local sales. 

 

*Export Markets*

==============

Part of the annual turnover is attributed to export.

 

*Overseas Suppliers*

=================

Supplier's name            : EVS BROADCAST EQUIPMENT SA

Country                         : Belgium 

 

 

Rounded Rectangle: RELATED COMPANIES 

 

 


*LOCAL BRANCHES & MANAGEMENT* 

=================================

Branch                          : EVS BROADCAST EQUIPMENT LTD - HONG KONG

Branch Address             : 15Fl New Victory House 93-103 Wing Lok St Sheung Wan, Hong Kong, 

 

 

Rounded Rectangle: PAYMENTHISTORY 

 

 

 


PAYMENT RATING       :3                OBTAINED SCORES          : 55

Rating Key

Implication

Implications

1

Scores 85–100

Excellent

2

Scores 75 – 84

Above Average

3

Scores 50 – 74

Average

4

Scores 35 – 49

Fair

5

Scores 15 – 34

Below Average

6

Scores 01 – 14

Poor

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.

Rounded Rectangle: FINANCIAL HIGHLIGHTS 

 

 


As a private limited company there is no legal requirement according to local corporate law for public disclosure of detailed financials.

 

 

Rounded Rectangle: REMARKS 

 

 


SC is considered small-sized in its line locally.  It is considered a credit line up to USD 5,000 appears to be within SC’s capacities.

 

 

 

 


 

SIC PRODUCT CLASSIFICATION & ACTIVITY 

 

Activity             Code    Product/Service Description

Trading              3663     Radio, TV commun, broadcast, and studio equip, and parts,

Trading              3669     Other communications equipment, and parts,

 

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY 

 

Activity             Code                Product/Service Description

Trading              8500                 Electrical machinery & equip. & parts; telecommunications equip., sound

                                                recorders, television recorders

Trading              8527390040       Radiobroadcast receivers

 

 

INTERNATIONAL TRADE : ACTIVITY & MARKETS

 

Exporting to Asia

Exporting to China

Exporting to India

Exporting to Malaysia

Exporting to Singapore

Importing from Belgium

Importing from Europe

 


 

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

 

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions