MIRA
INFORM REPORT
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Report Date : |
02.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
LIVINGSTONE INT'L LTD |
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Registered Office : |
Rm 501 The Centre Mark 287-299 Queen's Rd, Central |
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Country : |
Hong Kong |
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Date of Incorporation : |
September 29, 2005 |
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Com. Reg. No.: |
0998380 |
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Legal Form : |
Private |
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 |
name & address
LIVINGSTONE INT'L LTD
RM 501 THE CENTRE MARK 287-299 QUEEN'S RD
CENTRAL HONG KONG.
TEL : N/A
FAX : N/A
EXECUTIVE SUMMARY
INCORPORATION DATE :
SEPTEMBER 29, 2005
REGISTRATION NO. :
0998380
LEGAL FORM :
PRIVATE
CHIEF EXECUTIVE :
MR. DANIEL LIM (CHAIRMAN)
STAFF STRENGTH : N/A
CAPITAL :
US$ 1,284
BUSINESS LINE :
N/A
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
NR
RECOMM. CREDIT RANGE : C.O.D.
MARKET CONDITION :
FAIR
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : N/A
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.75406 = US$1
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
*Office & Facilities*
================
Note: We were unable to find any
reference of the supplied address on any local. The above address as reflected
on our report was confirmed to be its current registered/operating address.
*Capital Details*
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Share value : HKD
1.00/-each
Authorized capital : HKD
10,000.00
Paid-up capital : HKD 1.00
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*
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Total number of shareholder :
1
Total number of ordinary share : 1
Shareholder's Name No.
of Ordinary Shares Amount of Shares
(HKD) % of Shares
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Mr. Daniel Lim 1 1.00 100.00
*Company Secretary*
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PIONEER CONSULTANTS LTD
C. R. no. : 670846
Address : Rm 501 The Centre Mark 287-299 Queen's Rd Central Hong
Kong
*Key Personnel*
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Mr. Daniel Lim
Address : Rm 501 The
Centre Mark 287-299 Queen's Rd, Central, Hong Kong
Responsibility : Handles the overall management of the company.
*Operations Status*
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Current operations of the firm could not be confirmed during the course
of the investigation due to the following reasons:
1. Tried several attempts to
call the company to obtain more information and it has not been successful,
since there was NO one answering the call.
2. The company was not found
listed as a subscriber for local telecom company, hence, no available contact
details were found to confirm its current commercial operation.
3. Additionally, attempts to find alternate contacts were unsuccessful.
These include:
- Site visit
- Contact and searches with
the main local Telecom supplier for telephone and/or fax lines.
- Checks with the local trade
and business associations.
- Correlation with addresses
held by Company Registry and Inland Revenue Department, Hong Kong
SC is not known to have any subsidiary at
present.
PAYMENT RATING : NR OBTAINED SCORES : No Data
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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.
As a private limited company there is no legal requirement according to
local corporate law for public disclosure of detailed financials.
*Bank Details*
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Bank name : BNP PARIBAS - HONG
KONG BRANCH
Branch : Quarry Bay,
Hong Kong
Swift code : BNPAHKHH
Based on the investigations performed, it has not been possible to
prepare a normal credit report on the company.
Given the circumstances, caution is advised related to dealings with
persons claiming to represent such an entity.
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. |
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%)