MIRA
INFORM REPORT
|
Report Date : |
22.06.2007 |
IDENTIFICATION DETAILS
|
Name : |
GO MODA LTD |
|
|
|
|
Registered Office : |
Rm 706, 7fl Hunghom Commercial Centre - Tower B |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
March 29, 2004 |
|
|
|
|
Com. Reg. No.: |
892439 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Trading a range of footwear. |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
Up To USD 10,000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
name & address
GO MODA LTD
RM 706, 7FL HUNGHOM COMMERCIAL CENTRE - TOWER
B 37-41 MA TAU WAI RD HUNGHOM
TEL : 852-21486010
FAX : 852-21486999
EXECUTIVE SUMMARY
INCORPORATION DATE :
MARCH 29, 2004
REGISTRATION NO. :
892439
LEGAL FORM :
PRIVATE LIMITED COMPANY
CHIEF EXECUTIVE :
MS. PAOLA GABRIELLA COHEN (PRESIDENT)
STAFF STRENGTH :
5
CAPITAL :
US$ 256,082
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
AVERAGE
RECOMM.
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
FAIRLY STABLE
OPERATIONAL TREND : FAIRLY STEADY
GENERAL REPUTATION : AVERAGE
EXCHANGE RATE :
HKD 7.81315 = US$1 AS OF 2007-6-22
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*
===================
(1)
License number : 892439
Date issued : 29 March,
2004
Issuing authority : Companies
Registry
Type of license : National
Company License
(2)
License number : 34420735
Date issued : 29 March,
2004
Issuing authority : Business
Registration Office - Inland Revenue Dept
Type of license : National
Business License
*Capital Details*
=============
Authorized capital : HKD 2,000,000.00 divided into 2,000,000 ordinary
shares at HKD 1.00/-each
*Office & Facilities*
================
Other e-mail : sonyli@gomoda.com
*Corporate & Organization Structure*
=============================
Organization and management of the company is handled by experts in both
fashion and business.
*Approved Signatures*
===================
RICHTEX CONSULTANTS LTD can sign on behalf of the company with seal
affixed.
*Reputation*
==========
Reference checking for the purpose of establishing the firm's reputation
within the respective industry failed to reveal any negative information.
www.gomoda.com The design is professional and the content is well
organized. At present it is in English version
E-mail: stevenau@gomoda.com
For the past two years there is no record of litigation.
*Major Shareholders*
=================
Total number of shareholders
: 4
Total number of ordinary shares :
2,000,000
Shareholders' Name
No. of Ordinary Shares Amount
of Shares (HKD) % of Shares
---------------------------
-------------------------------
------------------------
---------
NEW DRAGON AGENTS LTD
1,020,000
1,020,000.00
5100
Chia-wei Hung
390,000
390,000.00 19.50
Yuan-jiun Lee
390,000
390,000.00 1950
Steven Chi-sing Au
200,000
200,000.00 10.00
*Director's Details*
===============
(1)
Joshua Martin Cohen
Passport no. :
038678840
Address :
Education : -
Bachelor of Arts,
- Master of Arts (MA), CALIFORNIA INSTITUTE OF THE ARTS -
Work experience : Senior
Graphic Designer, GUESS INC
Year of appointment : 2002
(2)
Chia-wei Hung
Passport no. :
Z10079898
Address :
(3)
Yuan-jiun Lee
Passport no. :
130227286
Address :
*Company Secretary*
=================
RICHTEX CONSULTANTS LTD
Address : Rm 4002
License number : 337736
Management: Mr. Steven Chi-sing
Au, Managing Director
Ms. Paola Gabriella Cohen, Vice President
Name Nationality
Job Description
Mr. Steven Chi-sing Au
Ms. Paola Gabriella Cohen Italian
Vice President
*Key Personnel*
=============
(1)
Mr. Steven Chi-sing Au
Founder : Co-Founder
HKID number : E787121(3)
Address : Rm 706,
7Fl Hunghom Commercial - Tower B Centre
Email :
stevenau@gomoda.com
Work experience : Vice Chairman,
HONG KONG FOOTWEAR LTD
Education : HONG KONG
TECHNICAL INSTITUTE,
(2)
Ms. Paola Gabriella Cohen
Place of birth :
Passport number : 710540227
Address :
Language spoken : English and French
Education : LICEO
SCIENTIFICO STATALE ALESSANDRO VOLTA,
*Main Products & Services*
======================
Specializes in trading a range of footwear.
Products: Footwear
Ladies' shoes
*Payment Terms*
=============
Sales
------
Export : Letter of Credit (L/C)
Telegraphic Transfer
(T/T)
Purchases
--------------
Import : Letter of Credit (L/C)
Telegraphic Transfer
(T/T)
*Local Distribution Network*
=======================
There is no record of local sales since the prime focus of the firm's
activity is concentrated on exports only.
*Export Markets*
==============
100% of the annual turnover is attributed to export.
*(Subsidiaries, Joint-ventures & Affiliates)
===============================
Company Name : TONGGUAN GOMODA LTD
Address : Pao Feng Industrial District Yu Feng Tsuen Zhang Mu
Country :
Relationship : Affiliate
Legal Form : Private Limited Company
Company Type : Manufacturer
Industry : Footwear
*Subsidiaries, Joint-ventures & Affiliates*
=================================
Maintains an office in the
Address :
Tel no : 212-7940296
CEO : Peter Schiller Cohen
Passport number
: 710234280
Address :
Work experience : Representative of
the following companies :
- US SHOE CORP
- CARESSA
- INTERSHOE
- NINA
- NINE WEST
- Worked in the areas like
Other position : Owner, MERONA SPORT (USA)
PAYMENT RATING : 4 OBTAINED SCORES : 47
|
Implication |
Implications |
|
|
1 |
Scores 85100 |
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.
*Bank Details*
============
Bank name : HONG KONG &
SHANGHAI BANKING CORP LTD, THE
Branch :
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 locally. With regard to its
size of operation and limited growth potential, credit should be confined to
small amount at present.
Attached:
trade references
IC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 3144 Women's
footwear; footwear made on a basis or platform of wood, not having an
inner
sole or a protective metal toe cap
Trading 3149 Footwear,
Trading 5139 Footwear
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 6405 Footwear
Trading 6405909000 Other
footwear
Trading 6406999500 Footwear
parts and accessories and parts, including gaiters and similar articles
INTERNATIONAL
TRADE : ACTIVITY & MARKETS
Exporting to
Exporting to
Exporting to
Exporting to
Importing from
Importing from
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 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%)