MIRA
INFORM REPORT
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Report Date : |
20.07.2007 |
IDENTIFICATION DETAILS
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Name : |
YING KOON CO |
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Registered Office : |
Flat 601, 6FL |
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Country : |
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Date of Incorporation : |
May.21, 2004 |
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Com. Reg. No.: |
34582779-000 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Believed to be engaged in trading of consumer
products. |
RATING & COMMENTS
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MIRAs Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
name &
address
YING KOON CO
FLAT 601, 6FL
TEL : N/A
FAX : N/A
EXECUTIVE SUMMARY
INCORPORATION DATE :
MAY.21, 2004
REGISTRATION NO. :
34582779-000
LEGAL FORM :
SOLE PROPRIETORSHIP
CHIEF EXECUTIVE :
MR. JALAN SUNIL (CHAIRMAN)
STAFF STRENGTH :
N/A
CAPITAL :
N/A
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 7.82035 = USD1 AS OF 2007-07-19
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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License number :
34582779-000
Date issued
: 21 May, 2004
Issuing authority :
Business Registration Office - Inland Revenue Dept
Legal form
: Sole Proprietorship
Type of license :
Business license
SC is not known to host website of its own at present.
For the 3 years there is no record of litigation.
*SHAREHOLDERS*
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Based on corporate filing regulations for this type of entity
in
*Key Personnel*
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Mr. Sunil Jalan
Founder :
Sole founder
HK ID no :
P1243024
Address :
Flat G 14Fl
*Main Products & Services*
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Believed to be engaged in trading of consumer products.
Products : Consumer products
*Operations Status*
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No telephone listing could be found for the company. It is
therefore not possible to contact the company directly to obtain further
information. The nature and extent of the company's operations could not be
determined and it could not be confirmed whether the company operates from the
Registered Office address or in another location.
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.
As a private limited company there is no legal requirement
according to local corporate law for public disclosure of detailed financials.
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
Trading 3999 Manufactured articles
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code
Product/Service Description
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%)