MIRA
INFORM REPORT
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Report Date : |
12.07.2007 |
IDENTIFICATION DETAILS
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Name : |
CHINA PEN SHOP CO LTD |
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Registered Office : |
Rm 1501, 15fl |
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Country : |
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Date of Incorporation : |
February 15, 2006 |
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Com. Reg. No.: |
1024487 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Believed to be engaged in trading a wide range of pens, gift items, stationery
products, key chains and other related items.
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RATING & COMMENTS
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MIRAs Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
name & address
CHINA PEN SHOP CO LTD
RM 1501, 15FL
TEL: N/A
FAX: N/A
EXECUTIVE SUMMARY
INCORPORATION DATE :
FEBRUARY 15, 2006
REGISTRATION NO. :
1024487
LEGAL FORM :
PRIVATE LIMITED COMPANY
CHIEF EXECUTIVE :
N/A
STAFF STRENGTH :
N/A
CAPITAL :
US$ 1,279
BUSINESS LINE :
TRADER
TURNOVER : N/A (AS OF DEC. 31,
2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
N/A
RECOMM.
MARKET CONDITION :
FAIR
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : N/A
GENERAL REPUTATION : N/A
EXCHANGE RATE :
HKD 7.81636 = US$1 AS OF 2007-7-12
Adopted abbreviations:
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
M - million
HKD
*Company Registration*
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(1)
License number : 1024487
Date issued : 15
February, 2006
Issuing authority : Companies
Registry
Type of license : Corporate
Legal form : Limited
Liability Company
(2)
License number : 36449258-000
Date issued : N/A
Issuing authority : Business
Registration Office - Inland Revenue Dept
Type of license :
Business
*Capital Details*
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Share value : HKD
1.00/-each
Authorized capital : HKD 100,000.00
Paid-up capital : HKD
100.00 divided into 100 ordinary shares
SC is not known to host website of its own at present.
For the past two years there is no record of litigation.
*Major Shareholders*
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Total number of shareholders
: 4
Total number of ordinary shares :
100
Shareholders' Name No. of
Ordinary Shares Amount of Shares
(HKD) % of Shares
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----------------------------------
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Kai-ming Chan
35
35.00
35.00
Tina Sau-far Hung
35
35.00
35.00
Kwok-yui Tang
15
15.00
15.00
Tsz-shing Tsoi
15 15.00 15.00\
*Director's Details*
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(1)
Kai-ming Chan
HKID number :
A936537(3)
Address :
Flat 2007 Block 45 Heng Fa Chuen,
(2)
Tina Sau-far Hung
HKID number :
A867664(2), National ID No
Address :
Flat 2007 Block 45 Heng Fa Chuen,
(3)
Kwok-yui Tang
HKID number :
K286941(1)
Address : Rm
813, 8Fl Lai Ching House Lai On Estate, Sham Shui Po,
(4)
Tsz-shing Tsoi
HKID number :
E867427(6)
Address :
Flat4, 1Fl
*Company Secretary*
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P & P ACCOUNTANCY & SECRETARIAL LTD
CR number : 657857
SC declined to release their management details at present.
*Main Products & Services*
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Believed to be engaged in trading a wide range of pens, gift items, stationery
products, key chains and other related items.
Products: Gift items
Key chains
Oem products
Stationery
*Operations Status*
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ALTHOUGH THE COMPANY REMAINS LEGALLY REGISTERED IN
Every effort has been made to identify the operational address and place
of business, but without success.
Investigations have included:
1. Investigations confirmed that
the address, telephone & fax numbers listed for the company in Hong Kong
are those belonging to ASIA RICH INDUSTRIAL LTD which is involved in trading of
stationery and related products.
2. Upon current contact with
staff of ASIA RICH INDUSTRIAL LTD they did not recognized the company.
3. The company was not listed as
a subscriber for local telecom company, hence, no available contact details was
found to confirm its current commercial operation.
4. Additionally, attempts to
identify other commercial points of reference being used by the company proved
to be unsuccessful. These include:
- Checks with the local trade
and business associations.
- Attempts to identify trade
references within the respective industry sector.
SC is not known to have any subsidiary at
present.
PAYMENT RATING : NR OBTAINED SCORES : No Data
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Implication |
Implications |
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1 |
Scores 85100 |
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.
*Bank Details*
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Bank name : BANK OF
Account number : 012873105260
Branch :
Swift code : BKCHHKHH
Based on the investigations performed, it has not been possible to
prepare a normal credit report on the company. Given the circumstances, caution
is advised related to dealings with persons claiming to represent such an
entity.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Service 5947 Gift,
Novelty & Souvenir Shops
Trading 2678 Stationery
products
Trading 3999 Manufactured
articles
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 4817 Envelopes,
postcards etc & boxes etc of stationery
Trading 7315 Chain
& parts, of iron or steel
Trading 9600 Miscellaneous
manufactured articles
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 SCs 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%)