MIRA
INFORM REPORT
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Report Date : |
06.06.2007 |
IDENTIFICATION DETAILS
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Name : |
DA YOU GROUP LTD |
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Registered Office : |
Rm 1206-7, 12 Floor New Victory House |
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Country : |
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Date of Incorporation : |
17.10.2003 |
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Com. Reg. No.: |
866773 |
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Legal Form : |
Private
Limited Company |
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Line of Business : |
Specializes in
trading semi-precious stones |
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 : |
US$ 5,000 |
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Status : |
Small Company |
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Payment Behaviour : |
Slow but Correct |
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Litigation : |
Clear |
NAME & ADDRESS
DA YOU GROUP LTD
RM 1206-7, 12FL NEW VICTORY HOUSE 93-103 WING LOK ST CENTRAL,
TEL: 852 82002013
FAX: 852 81096560
EXECUTIVE SUMMARY
INCORPORATION
DATE : OCTOBER 17,
2003
REGISTRATION
NO. : 866773
CHIEF EXECUTIVE : CHANDLER
PARTNERS LTD (SECRETARY)
STAFF STRENGTH : 10
CAPITAL :
US$ 1,280
BUSINESS LINE : TRADER
TURNOVER : N/A
(AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
AVERAGE
RECOMM.
MARKET
CONDITION :
COMPETITIVE
FINANCIAL
CONDITION :
AVERAGE
OPERATIONAL
TREND : STEADY
GENERAL
REPUTATION : AVERAGE
EXCHNAGE
RATE : HKD
7.81012 = US$1 AS OF 2007-6-6
Company Registration
License number :
866773
Date issued :
17 October, 2003
Issuing
authority : Companies Registry
Type of license :
National Company License
License number :
34020884
Issuing
authority : Business Registration Office - Inland Revenue Dept
Type of license :
National Business License
Capital Details
Authorized capital :
HKD 10,000.00 divided into 10,000 ordinary shares at HKD 1.00/-each, fully paid
Office & Facilities
Other fax no :
31050902
Corporate & Organization Structure
Corporate Management
CHANDLER NOMINEES
LTD
Position held : Director
CHANDLER SERVICES
LTD
Position held : Director
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 CHANDLER
PARTNERS LTD can sign on behalf of the company with seal affixed.
E-mail : sales@dayougroup.com
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
Total number of
shareholders : 2
Total number of
ordinary shares : 10,000
Shareholders'
Name No. of Ordinary Shares Amount of Shares (HKD) % of Shares
Company Secretary
CHANDLER PARTNERS
LTD
Address : Rm 1206-7, 12Fl New Victory
House
License number : 717996
Main Products & Services
Specializes in
trading semi-precious stones.
Products : Semi
precious stones
Payment Terms
Sales
Local : Cash
or credit
Purchases
Local : Cash
or credit
Import :
Letter of Credit (L/C)
Telegraphic Transfer (T/T)
Local Distribution Network
100% of the annual
turnover is attributed to local sales.
Export Markets
There is no record
of export since the prime focus of the firm's activity is concentrated on local
sales only.
SC is not known to
have any subsidiary at present.
PAYMENT RATING :4 OBTAINED SCORES : 46
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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 SMALL
amounts depending on individual judgement experience.
Bank Details
Bank name : HONG KONG & SHANGHAI BANKING CORP
LTD, THE
Branch :
Branch Address:
Basement Level HSBC Main Bldg 1 Queen's Rd
Swift code :
HSBCHKHH
As a 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 short history. It is considered a credit line up
to US$ 5,000 appears to be within SC’s capacities.
Attached:
trade references
SIC PRODUCT
CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 5094
Jewelry/Watches/Precious
Mtl
HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 7103
Precious & semiprec
stones, not strung etc
Trading 7116
Articles of natural or cut
pearls, prec/semprc stones
INTERNATIONAL
TRADE : ACTIVITY & MARKETS
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%)