MIRA
INFORM REPORT
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Report Date : |
14.05.2007 |
IDENTIFICATION DETAILS
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Name : |
TOP PEARL LTD |
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Registered Office : |
Shenzhen Office |
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Country : |
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Date of Incorporation : |
-- |
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Com. Reg. No.: |
-- |
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Legal Form : |
-- |
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Line of Business : |
-- |
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 : |
Undetermined |
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Payment Behaviour : |
-- |
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Litigation : |
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name & address
TOP PEARL LTD.
SHENZHEN OFFICE
TEL: 86 (0) N/A
FAX: 86 (0) N/A
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.
Client did not provide any telephone number of SC.
On the internet we found the Chinese name of Top Pearl Ltd. should be which is a
From the website http://www.garliccapital.com,
we found the telephone number 86 755-25857534 and fax number 755-25857535.
We then dialed the telephone number of 86 755-25857534, and one lady who
refused to reveal her name answered the phone. According to the lady, SC’s
license was revoked by the local AIC
(AIC-The official body of issuing and renewing business license) in
2002. At present the telephone number is owned by Hong Kong Shengheng
Development Co., Ltd. Shenzhen Office.
The lady refused to release the relationship between the two companies.
According to the lady, the address of Hong Kong Shengheng Development Co.,
Ltd. Shenzhen Office is Room J 12/F Mingshangge Shenganghaoyuan,
According to the record of the local AIC, SC's license was revoked in 2002. And its former registered information is as following:
Registered
number: 801078
Legal
status: representative office
Incorporated
date: Jan. 3, 1994
Registered
add: Room 401 35 Dong Xinxiu Village, Huangbeiling Luohu District, Shenzhen
Business scope: providing the contacting service for its parent company.
SC’s license has been revoked by the local AIC, and credit dealings with
SC are not recommended at present.
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%)