MIRA
INFORM REPORT
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Report Date : |
19.07.2007 |
IDENTIFICATION DETAILS
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Name : |
BICROSSING INTERNATIONAL LTD |
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Registered Office : |
C/O 13/F, Tung Sun Comm. Centre, |
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Country : |
Hong Kong |
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Date of Incorporation : |
6-9-2006 |
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Com. Reg. No.: |
1072210 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Engaged in manufacturing & export of leather goods. |
RATING & COMMENTS
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MIRA’s 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 : |
-- |
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Litigation : |
-- |
name & address
BICROSSING INTERNATIONAL LTD
C/O 13/F, TUNG SUN COMM. CENTRE,
TEL :
86-13926824275 (AS GIVEN)
FAX : NOT
REGISTERED
Narrative 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.
SC is a private limited co. incorporated under co. file no.
1072210 on 6-9-2006.
Authorized capital :$10,000 divided into 10,000 shares @
$1.-
Paid-up capital :$10,000
Shareholders/subscribers (as at 31-8-2006)
Name(s), ID/passport number, nationality & registered
address No.
of Shares
- *Zou Bob / PCHNG08629159 / Chinese 10,000
/ Rm 502, Unit 1, Blk 10, Zhong Xin Xin Tian Di, =====
South City District,
Directors(as
at 31-8-2006)
Name(s), ID/passport number & nationality
Registered address
*Also director
The above information is based on SC's registration
documents filed in Companies Registry within the last 2 years.
This section will contain the civil litigations &
winding-up petitions filed against SC for the last 6 years (as stored in our
database), and the mortgage/charge records filed by SC for the last 2 years. In
Civil litigation/winding-up petitions: None in our database.
Mortgage/charge record(s): None
filed since its incorporation date.
Zou Bob, director: He
is a Chinese mainlander.
Currently residing in PR China and only visits
Credit history check : This
refers to a check of our database whether the said person has been involved in
any of the following records stored by us within the last 6 years:
Civil litigation as defendants : None
in our database
Bankruptcy/winding-up petitions : None
in our database
Delinquent payment records : None in our database
Debt collection records : No overdue amount owed by the said person was placed to us
for collection
SC is reportedly engaged in manufacturing & export of
leather goods.
Items available include leather jackets, leather belts &
leather sofa.
Detailed information regarding its activities is not
available.
SC is not known to have any subsidiary at present.
A visit to the premises at the heading business address by
our field reporter revealed the following:
The address is a commercial premise outside of which SC's
name was not seen on display. Instead,
the following co. name was seen on display:
- Success Business Centre
Condition inside the premises during our visit:
Office/factory outlay: Standard
The premise is occupied as office by Success Business Centre,
which is a certified public accountants firm with sideline business in
providing company secretarial services.
Our reporter then contacted an identified female of the said
co.
She confirmed that SC is one of the many cos. whose
secretarial & accounting affairs are being handled by them.
She had promised to pass our message & deliver our
brochure & questionnaire to SC's principal(s). However, we have not yet
received any reply.
Our current inquiry reveals that no such name as SC is
registered as a current user of local fixed line telephone companies.
A call was made to your given tel. no.: 86-13926824275. We
managed to contact SC's director, Zou Bob. He advised that the operation base
of SC was at South City District,
Available information for assessing SC's credit standing is
insufficient. Please advise whether your name can be disclosed to SC so that we
may resume our investigation.
-- Asset Tracing --
Upon our current investigation, our database & sources
consulted indicate that SC was not involved in any property transaction (both
purchase & disposal) in
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%)