MIRA
INFORM REPORT
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Report Date : |
25.05.2007 |
IDENTIFICATION DETAILS
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Name : |
FORTUNATE INTERNATIONAL LTD. |
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Registered Office : |
Flat B, 2/F, Blk 8, |
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Country : |
Hong Kong |
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Date of Incorporation : |
4-9-2002 |
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Com. Reg. No.: |
812974 |
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Legal Form : |
Private Limited Company |
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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
FORTUNATE INTERNATIONAL LTD.
FLAT B, 2/F, BLK 8, WHAMPOA GARDEN SITE 2,6 TAK HONG ST.,HUNGHOM,KOWLOON, HONG KONG.(MOST LIKELY ADDRESS)
TEL : 852 23118955 / 93045707
FAX : 852 23117856
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.
SC is a private limited co. incorporated under co. file no.
812974 on 4-9-2002.
Details of its incorporation information are shown to be as follows:
Authorized capital :$50,000 divided into 50,000 shares @
$1.-
Paid-up capital :$50,000
Shareholders/subscribers (as at 4-9-2006)
Name(s), ID/passport number, nationality & registered
address No.
of Shares
- *Wong Pan Hang Sunny / D314562(0) / Chinese 10,000
/ Same as heading business address
- *Chao Wei Chi / P399723(9) / Chinese 40,000
/ -- ditto --
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50,000
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Directors(as at 4-9-2006)
Name(s), ID/passport number & nationality Registered address
*Also directors
The above information is based on SC's registration
documents filed in Companies Registry within the last 2 years.
This section will contain the civil litigations &
winding-up petitions filed against SC for the last 6 years (as stored in our
database), and the mortgage/charge filed by SC for the last 2 years. In
Civil
litigation/winding-up petitions : None
in our database.
Mortgage/charge
record(s) : None
filed since its incorporation date.
Wong Pan Hang Sunny, director.
Credit history check : This
refers to a check of our database whether the said person has been involved in
any of the following records stored by us within the last 6 years:
Civil litigation as defendants : None in our
database
Bankruptcy/winding-up petitions : None in our
database
Delinquent payment records
: None in our database
Debt collection records
: No overdue amount owed by the said
person was placed to us for
collection
Chao Wei Chi, director.
Credit history check : This
refers to a check of our database whether the said person has been involved in
any of the following records stored by us within the last 6 years:
Civil litigation as defendants : None in our
database
Bankruptcy/winding-up petitions : None in our
database
Delinquent payment records : None in our database
Debt collection records
: No overdue amount owed by the said person was placed to us
for
collection
Detailed information regarding its activities is not
available.
SC is not known to have any subsidiary at present.
As the said address is a residential premises to which visit
is not feasible, we have sent our questionnaire to the said address by mail.
Our current inquiry reveals that no such name as SC is
registered as a current user of local fixed line telephone companies.
Repeated calls made to SC's given telephone no.
852-223117855 were engaged on all occasions during office hours.
Also, repeated calls made to SC's given telephone no.
852-93045707 were not answered on all occasions during office hours.
SC is unknown in the local market or to the sources we
contacted. Our database also indicates
no further information regarding SC. We are unable to establish the precise
nature of SC's operations & assess SC's credit standing for the time being.
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%)