MIRA INFORM REPORT

 

 

Report Date :

02.05.2007

 

IDENTIFICATION DETAILS

 

Name :

STRYKER PACIFIC LTD

 

 

Registered Office :

Suites 2001 & 2007-12, 20fl One Pacific Place, 88 Queensway Central

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

March 8, 1993

 

 

Com. Reg. No.:

09865037

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Importing and domestic sales of a wide range of medical supplies and instruments.

 

 

RATING & COMMENTS

 

MIRA’s 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 50,000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually correct

 

 

Litigation :

Clear

 

 


name & address

             

STRYKER PACIFIC LTD

SUITES 2001 & 2007-12, 20FL ONE PACIFIC PLACE

88 QUEENSWAY CENTRAL, HONG KONG

TEL      : 852 28404400 

FAX      : 852 28046303

 

 

EXECUTIVE SUMMARY

 

INCORPORATION DATE            : MARCH 8, 1993

REGISTRATION NO.                  : 09865037

LEGAL FORM                                                                                                                                       : PRIVATE LIMITED COMPANY

CHIEF EXECUTIVE                    : MR. DEAN HOWARD BERGY (CHAIRMAN)

STAFF STRENGTH                    : 20

CAPITAL                                   : US$ 1,284

BUSINESS LINE                        : TRADER

TURNOVER                              : NA (AS OF DEC. 31, 2005)

EQUITIES                                 : NA (AS OF DEC. 31, 2005)

PAYMENT                                : AVERAGE

RECOMM. CREDIT RANGE       : UP TO USD 50,000

MARKET CONDITION                : COMPETITIVE

FINANCIAL CONDITION             : FAIRLY STABLE

OPERATIONAL TREND  : FAIRLY STEADY

GENERAL REPUTATION           : AVERAGE

EXCHNAGE RATE                     : HKD 7.78471 = US$1 AS OF 2006-11-7

 

Adopted abbreviations:

ANS - amount not stated

NS - not stated 

SC - subject company (the company inquired by you)

NA - not available          

M - million        

HKD – Hong Kong Dollars

 

 

 

 


Rounded Rectangle: HISTORY 

 

 

 


NOTE

=====

Upon current contact with the company, a representative confirmed that STRYKER SALES CORP is a USA registered company and the provided address is the warehouse of STRYKER PACIFIC LTD.

 

*Company Registration*

===================

(1)

License number    : 0156812

Date issued          : 28 August, 1985

Issuing authority   : Companies Registry

Type of license     : Corporate

 

(2)

License number    : 09865037

Date issued          : 8 March, 1993

Issuing authority   : Inland Revenue Dept.

Type of license     : Business

 

*Company Name*

==============

Incorporated as     : STRETTONFIELD LTD

Date incorporated  : 28 August, 1985

Changed name to  : STRYKER PACIFIC LTD

Date of change      : 13 January, 1986

 

*Capital Details*

============

Authorized capital : HKD 10,000.00 divided into 1,000 ordinary shares of HKD 10.00/-each, fully paid

 

*Registrar*

=========

- BAKER & MCKENZIE LTD

 

*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 Mr. Andrew Grant Fox-Smith can sign on behalf of the company with seal affixed.

 

Rounded Rectangle: WEB SITE 

 

 

 


Website : www.stryker.com.hk   The design is professional and the content is well organized. At present it is in English version.

 

 

 

 

 

 

Rounded Rectangle: LITIGATION 

 

 


For the past two years there is no record of litigation.

 

 

Rounded Rectangle: OWNERSHIP/MANAGEMENT BACKGROUND 

 

 


*Major Shareholders*

=================

Total number of shareholders      : 2

Total number of ordinary shares : 1,000

 

Shareholders' Name                    No. of Ordinary Shares      Amount of Shares (HKD)     % of Shares

--------------------------                      -------------------------------     ---------------------------------        --------------

STRYKER CORP                                        999                                    9,990.00                       99.90

B & MCK NOMINEES LTD                              1                                        10.00                         0.10

 

*Director's Details*

===============

(1)

Luciano Cattani

Italu passport no. : 854561S

Address               : Via Erodoto 15, Rome, Rome (RM), 00124, Italy

 

(2)

Andrew Grant Fox-Smith

HKID no.       : R116964(4)

Address        : 23A Dynasty Court Tower 2 23 Old Peak Rd, Mid-levels, Hong Kong, Hong Kong

 

(3)

Paul Chi-hsiung Yin

USA passport no. : 120591793

Address               : Suite 1710 The Tower of Apartments Oriental Plaza Millennium Heights, Dongcheng Dist,

                            Beijing, 10078, China

 

*Corporate Secretary*

=================

B & MCK NOMINEES LTD

CR no.    : 54552

Address : 1401 Hutchison House 10 Harcourt Rd

 

 

Rounded Rectangle: MANAGEMENT 

 

 


Name                                        Nationality         Job Description

Mr. Andrew Grant Fox-Smith       American          Director

Mr. Dean Howard Bergy American          Director

Mr. Fred Sout                            American          Vice President

Mr. Joe Tsai                              Hong Kong        Marketing Executive

Mr. Luciano Cattani                    Italian                Director

Mr. Paul Chi-hsiung Yin              Chinese            Director

Mr. William T. Laube                  American          CEO

Ms. Cecilia Gibbs                      American          Marketing Executive

Ms. Yomi Wong                         Hong Kong        Marketing Executive

 

*Key Personnel*

=============

Mr. Dean Howard Bergy

Founder                : Co-Founder

USA Passport no. : 017255789

Address                 : 5810 Braeburn Court, Kalamazoo, Michigan, 49009, USA

Responsibilities     : Handles the daily operation of the firm including all financials and legal matters.

Work experience   : More than 20 years 

 

 

Rounded Rectangle: BUSINESS OPERATIONS 

 

 


*Main Products & Services*

=====================

Specializes in importing and domestic sales of a wide range of medical supplies and instruments.

 

Products also include :

- Intra-operative surgical accessories

- Post-operative surgical accessories

- Reconstrutive products such as knee, hip, joints and medical cement

- Spinal products such as implants

- Cranio-maxillo-facial such as plating and bone matrix

 

Products :         Arthroscopy 

                        Endoscopy products 

                        Multi-purpose beds 

                        Spinal instruments 

Stretchers 

 

*Payment Terms*

=============

Sales

-------

Local    : Cash or Credit

Export  : Letter of Credit (L/C)

               Telegraphic Transfer (T/T)

 

Purchases

--------------

Import  : Letter of Credit (L/C)

                Telegraphic Transfer (T/T)

 

*Associations*

===========

Member of the following associations :

- American Chamber of Commerce in Hong Kong

- American Businesses in Hong Kong

- Hong Kong General Chamber of Commerce since 1992

 

*Local Distribution Network*

=======================

90% of the annual turnover is attributed to local sales.

 

*Export Markets*

=============

10% of the annual turnover is attributed to export.

 

 

Rounded Rectangle: RELATED COMPANIES 

 

 


*LOCAL BRANCHES & MANAGEMENT*

================================== 

Branch : STRYKER PACIFIC LTD (WAREHOUSE) - HONG KONG

Branch Address : Flat 10 & 11, 17Fl Kodak House II 39 Healthy St East

Branch Suburb : Central

Branch City : Hong Kong

 

*(Subsidiaries , Joint-ventures & Affiliates) 

================================

Company Name : STRYKER ASIA

Global Identifier : P0872181

Address : C-5, 1Fl SDA Commercial Complex New Delhi 110016 Delhi India

Country : India

Relationship : Subsidiary

Legal Form : Private Limited Company

Company Type : Trader

Industry : Medical Equipment & Pharmaceutical

 

Company Name : STRYKER CHINA - BEIJING OFFICE

Global Identifier : T0009108

Address : Rm 903-905 Sundongan Plaza - Tower 2 138 Wangfujing St Beijing 100006 China

Country : China

Relationship : Subsidiary

Legal Form : Private Limited Company

Company Type : Trader

Industry : Medical Equipment & Pharmaceutical

 

Company Name : STRYKER CHINA - CHENGDU OFFICE

Global Identifier : P0872172

Address : Rm L 26Fl First City Plaza 308 Shuncheng Ave Chengdu 610017 Sichuan China

Country : China

Relationship : Subsidiary

Legal Form : Private Limited Company

Company Type : Trader

Industry : Medical Equipment & Pharmaceutical

 

Company Name : STRYKER CHINA - GUANGZHOU OFFICE

Global Identifier : P0872166

Address : Rm 307 Jianlibao Tower 410-412 Dongfeng Rd Central Guangzhou 510030 Guangdong China

Country : China

Relationship : Subsidiary

Legal Form : Private Limited Company

Company Type : Trader

Industry : Medical Equipment & Pharmaceutical

 

Company Name : STRYKER CHINA - SHANGHAI OFFICE

Global Identifier : T0009106

Address : Rm 2718-20 27Fl Central Plaza 381 Huai Hai Chung Lu Shanghai 200020 China

Country : China

Relationship : Subsidiary

Legal Form : Private Limited Company

Company Type : Trader

Industry : Medical Equipment & Pharmaceutical

 

Company Name : STRYKER CHINA - SHENYANG OFFICE

Global Identifier : T0009109

Address : Rm 1604 Zhong Run Int'l Bldg Tower B 22 San Hao St Heping Shenyang 110001 Liaoning China

Country : China

Relationship : Subsidiary

Legal Form : Private Limited Company

Company Type : Trader

Industry : Medical Equipment & Pharmaceutical

 

Company Name : STRYKER CHINA - WUHAN OFFICE

Global Identifier : T0009176

Address : Rm 1907 Fu Xing Int'l Merchants Bldg 196 Xin Hua Rd Hankou Wuhan 430022 Hubei China

Country : China

Relationship : Subsidiary

Legal Form : Private Limited Company

Company Type : Trader

Industry : Medical Equipment & Pharmaceutical

 

Company Name : STRYKER CHINA LTD

Global Identifier : P0387894

Address : Suite 901-902, 625 King's Rd North Point Hong Kong Hong Kong

Country : Hong Kong

Relationship : Subsidiary

Legal Form : Private Limited Company

Company Type : Trader

Industry : Medical Equipment & Pharmaceutical

 

Company Name : STRYKER CORP (MALAYSIA) SDN BHD

Global Identifier : P0793222

Address : Suite E-11-15 & E-11-16 Plaza Mont Kiara 2 Jalan 1/70C Mont Kiara Kuala Lumpur 50480 Malaysia

Country : Malaysia

Relationship : Subsidiary

Legal Form : Private Limited Company

Company Type : Trader

Industry : Medical Equipment & Pharmaceutical

 

Company Name : STRYKER FAR EAST INC

Global Identifier : 31552332

Address : 5Fl-1 Fidelity Plaza 23 Pateh Rd Section 1 Chungcheng Dist Taipei City 100 Taiwan

Country : Taiwan

Relationship : Subsidiary

Legal Form : Private Limited Company

Company Type : Trader

Industry : Medical Equipment & Pharmaceutical

 

Company Name : STRYKER FAR EAST INC

Global Identifier : P0872178

Address : Unit C2-A A3Fl KPN Tower 719 Rama IX Rd Huay Kwang Bangkok 10320 Thailand

Country : Thailand

Relationship : Subsidiary

Legal Form : Private Limited Company

Company Type : Trader

Industry : Medical Equipment & Pharmaceutical

 

Company Name : STRYKER KOREA LTD

Global Identifier : 31328990

Address : 11Fl Dongsung Bldg 158-24 Samsong-dong Kangnam-gu Seoul 135090 South Korea

Country : South Korea

Relationship : Subsidiary

Legal Form : Private Limited Company

Company Type : Trader

Industry : Medical Equipment & Pharmaceutical

 

Company Name : STRYKER SOUTH ASIA

Global Identifier : P0872177

Address : Harbourfront Centre 1 Maritime Square # 10-39 099253 Singapore

Country : Singapore

Relationship : Subsidiary

Legal Form : Private Limited Company

Company Type : Trader

Industry : Medical Equipment & Pharmaceutical

 

Company Name : STRYKER SOUTH PACIFIC

Global Identifier : P0872161

Address : 2B Pacific Business Centre 7 Pacific Rise Mt Wellington Auckland Auckland New Zealand

Country : New Zealand

Relationship : Subsidiary

Legal Form : Private Limited Company

Company Type : Trader

Industry : Medical Equipment & Pharmaceutical

 

Company Name : STRYKER SOUTH PACIFIC PTY LTD

Global Identifier : P0372560

Address : 50 Broughton Rd Artarmon Sydney 2064 NSW Australia

Country : Australia

Relationship : Subsidiary

Legal Form : Private Limited Company

Company Type : Manufacturer

Industry : Medical Equipment & Pharmaceutical

 

 

Rounded Rectangle: PAYMENT 

 

 


PAYMENT RATING : 3             OBTAINED SCORES : 61

Rating Key

Implication

Implications

1

Scores 85–100

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 MODERATE amounts depending on individual judgement experience.

 

 

 

 

 

 

Rounded Rectangle: FINANCIAL HIGHLIGHTS 

 

 


As a private limited company there is no legal requirement according to local corporate law for public disclosure of detailed financials.

 

 

Rounded Rectangle: REMARKS 

 

 


SC is considered small-sized in its line with favorable market conditions. It is considered a credit line up to USD50,000 appears to be within SC’s capacities.

 

 

 

Attached: trade references

 


SIC PRODUCT CLASSIFICATION & ACTIVITY 

 

Activity             Code                Product/Service Description

Importing           3841                 Surgical and medical instruments and apparatus,

Importing           3842                 Orthopedic, prosthetic, and surgical appliances and supplies

Importing           5047                 Medical/Dental Equip/Supplies

Trading              3841                 Surgical and medical instruments and apparatus

Trading              3842                 Orthopedic, prosthetic, and surgical appliances and supplies

Trading              5047                 Medical/Dental Equip/Supplies

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY 

 

Activity             Code                Product/Service Description

Importing           9018                 Medical, surgical, dental or vet inst, no elec, part

Importing           9018908000       Other instruments and appliances used in medical, surgical, dental or veterinary

                                                sciences

Importing           9021                 Orthopedic appl; artif body pts; hear aid; parts etc

Importing           9402                 Medical, surgical, dental or veterinary furn etc

Trading              9018                 Medical, surgical, dental or vet inst, no elec, part

Trading              9018908000       Other instruments and appliances used in medical, surgical, dental or veterinary

                                                sciences

Trading              9021                 Orthopedic appl; artif body pts; hear aid; parts etc

Trading              9402                 Medical, surgical, dental or veterinary furn etc

 

DETAILED PRODUCT CLASSIFICATION & ACTIVITY 

 

Activity             Product/Service Description

Importing           Trauma products 

Importing           Trauma systems 

Importing           Surgical accessories 

Importing           Spinal products 

Importing           Reconstructive products 

Importing           Hospital bed 

Trading              Arthroscopy 

Trading              Trauma systems 

Trading              Trauma products 

Trading              Surgical accessories 

 

INTERNATIONAL TRADE : ACTIVITY & MARKETS

 

Exporting to Asia

Exporting to China

Importing from Europe

Importing from North America

Importing from USA

 

 


 

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 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%)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions