MIRA
INFORM REPORT
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Report Date : |
12.09.2007 |
IDENTIFICATION DETAILS
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Name : |
ART MAX INT'L LTD |
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Registered Office : |
Rm 2201 The Metropolis - Tower 2 Inland |
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Country : |
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Date of Incorporation : |
January 3, 2006 |
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Com. Reg. No.: |
1016861 |
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Legal Form : |
RATING & COMMENTS
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MIRAs 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 : |
Small Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
name & address
ART MAX INT'L LTD
RM 2201 THE METROPOLIS - TOWER 2 INLAND LOT 11077
HUNGHOM
TEL : N/A
FAX : N/A
EXECUTIVE SUMMARY
INCORPORATION DATE :
JANUARY 3, 2006
REGISTRATION NO. :
1016861
CHIEF EXECUTIVE :
MR. TIN-CHO TSUI
STAFF STRENGTH :
N/A
CAPITAL :
US$ 1,279
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 :
FAIR
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : N/A
GENERAL REPUTATION : N/A
EXCHNAGE RATE :
HKD 7. 8288 = 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
*Company Registration*
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License number : 1016861
Date issued : 3
January, 2006
Issuing authority : Companies
Registry
Type of license : Corporate
License number : 36481579-000
Date issued : N/A
Issuing authority : Business
Registration Office - Inland Revenue Dept
Type of
license : Business
*Capital Details*
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Share value : HKD
1.00/-each
Authorized capital : HKD
10,000.00
Paid-up capital : HKD 1.00
divided into 1 ordinary share
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 Share Amount of Shares
(HKD) % of Shares
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Mr. Tin-cho Tsui 1 1.00 100.00
Note: On 28 February, 2006, all share of GNL06 LTD was transferred to
Mr. Tin-cho Tsui.
*Director's Details*
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Mr. Tin-cho Tsui
Address : Rm 2201
The Metropolis Inland Lot 11077 Hunghom Kowloon
China ID card no. : 310107195112135037
*Company Secretary*
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LOUIS LAI COMPANY SECRETARIAL SERVICES LTD
CR no. : 686503
Address : 9Fl Surson Commercial
Bldg
*Operations Status*
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No telephone listing could be found for the company. It is therefore not
possible to contact the company directly to obtain further information. The
nature and extent of the company's operations could not be determined and it
could not be confirmed whether the company operates from the Registered Office
address or in another location.
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 85100 |
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.
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 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%)