MIRA
INFORM REPORT
|
Report Date : |
06.09.2007 |
IDENTIFICATION DETAILS
|
Name : |
IRONWOOD ENTERPRISES LTD |
|
|
|
|
Registered Office : |
Rm 2503, 25FL Bank Of |
|
|
|
|
Country : |
|
|
|
|
RATING & COMMENTS
|
MIRAs Rating : |
NR |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
Status : |
Undetermined |
name &
address
IRONWOOD ENTERPRISES LTD
RM 2503, 25FL BANK OF
TEL : 852-25252141
FAX : 852-28104196
EXECUTIVE SUMMARY
INCORPORATION DATE : N/A
REGISTRATION NO. :
N/A
LEGAL FORM :
N/A
CHIEF EXECUTIVE :
N/A
STAFF STRENGTH :
N/A
CAPITAL :
N/A
BUSINESS LINE :
N/A
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
N/A
RECOMM.
MARKET CONDITION :
N/A
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : N/A
GENERAL REPUTATION : N/A
EXCHANGE RATE :
HKD7.79775 = 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
*Operations Status*
================
Extensive investigations have been conducted to identify the status of
commercial operations of the Subject Business Entity and the following were
revealed:
1. The Companies Registry and
Business Registration Office - Inland Revenue Dept were checked and there is no
company or Business name registered that correlates with the Subject Business
Entity name listed above.
2. Investigations confirmed that
the address, telephone & fax numbers listed for the Subject Business Entity
in
3. Upon current contact with
staffs of COMMENCE CO LTD, they recognized the name "IRONWOOD ENTERPRISES
LTD". However, they declined to
provide further details to confirm the current operations of the Subject
Business Entity.
SC is not known to host website of its own at present.
For the past two years there is no record of litigation.
SC declined to release its shareholders and shareholding details at
present.
SC management declined to release its management background details at
present.
SC management declined to release its operation details at present.
SC is not known to have any subsidiary at
present.
PAYMENT RATING : NR OBTAINED SCORES : No data
|
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.
SC management declined to release its financial details at present.
Based on the investigations performed, it has not been possible to
prepare a normal credit report on the entity. Given the circumstances, caution
is advised related to dealings with persons claiming to represent such an
entity.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 2800 Chemicals
and Allied Products
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 3800 Miscellaneous
chemical products
Trading 3823905050 Chemical
products and preparations of the chemical or allied industries
INTERNATIONAL TRADE:
ACTIVITY & MARKETS
Exporting to
Exporting to
Exporting to
Exporting to
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. |
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%)