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MIRA
INFORM REPORT
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Report Date : |
03.04.208 |
IDENTIFICATION
DETAILS
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Name : |
CSR BUILDING MATERIALS (HK) LTD |
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Registered Office : |
Unit A 4fl San Miguel Industrial Bldg 9-11 Shing Wan Rd Tai Wai Shatin New
Territories |
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Country : |
Hong Kong |
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Date of Incorporation : |
07.11.1995 |
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Com. Reg. No.: |
0529971 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Trading a wide range of building materials. Provision of technical support for ceiling, partitioning and
insulation systems, and fire rating systems |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
USD 20,000 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name & address
CSR
BUILDING MATERIALS (HK) LTD
UNIT A 4FL SAN MIGUEL INDUSTRIAL BLDG
9-11 SHING WAN RD TAI WAI SHATIN NEW
TERRITORIES, HONG KONG.
TEL: 852- 27540877 FAX: 852-27582005
EXECUTIVE SUMMARY
INCORPORATION DATE :
NOVEMBER 7, 1995
REGISTRATION NO. :
0529971
LEGAL FORM :
PRIVATE
CHIEF EXECUTIVE :
MS. EUNICE LEUNG (GENERAL MANAGER)
STAFF STRENGTH :
15
CAPITAL :
US$ 257,391
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
AVERAGE
RECOMM. CREDIT RANGE : UP TO
USD 20,000
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.79114 = 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
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*Company Registration*
==================
(1)
License number : 0529971
Date issued : 7 November, 1995
Issuing authority :
Companies Registry
Type of license : Corporate
(2)
License number : 19492907-000
Issuing authority :
Business Registration Office - Inland Revenue Dept
Type of license : Business
*Company Name*
==============
Incorporated as : SUNBURY INT'L LTD
Date of incorporation : 7
November, 1995
Changed name to : CSR BUILDING MATERIALS (HK) LTD
Date of change : 30 January, 1996
*Capital Details*
=============
Share capital : HKD 1.00/-each
Authorized capital : HKD
2,002,500.00 divided into the following:
- 1,000 ordinary shares
- 2,001,500 preference
shares
Paid-up capital : HKD 1,500,200.00 divided into the
following:
- 200 ordinary shares
- 1,500,000 preference shares
*Reputation*
==========
Reference checking for the purpose of establishing the firm's reputation
within the respective industry failed to reveal any negative information.
*Approved Signatures*
=================
Mr. Jonathan James Macartney Wormwell sign on behalf of the company with
seal affixed.
*Registrar*
=========
- TRICOR SERVICES LTD
%20LTD%2003-Apr-208_files/image004.gif){kind=small}
www.csr-in-asia.com This web
belongs to CSR Building Materials (M) Sdn Bhd. The design is professional and
the content is well organized. At present it is in English version.
E-mail: eleung@csr.com.hk
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For the past two years there is no record of litigation.
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*Major Shareholders*
================
Total number of shareholders : 2
Total number of shares
: 1,500,200
Shareholders' Name
Type of Shares No. of
Shares Amount of Shares (HKD) % of Shares
---------------------------
-------------------- --------------- ------------------------------- ----------------
CSR INT'L PTY LTD
Preference
1,500,000
1,500,000.00
99.98
Ordinary 100 100.00 0.01
CSR INVESTMENTS PTY LTD
Ordinary
100
100.00 0.01
*Company Secretary*
================
TRICOR STRATH LTD
CR no. : 4873
Address : Level 28 Three Pacific Place 1 Queen's Rd East Central Hong
Kong
%20LTD%2003-Apr-208_files/image007.gif){kind=small}
Management: Mr. Alan Wai-lun
Leung, Manager
Ms. Eunice Leung, General Manager
Name Nationality
Job Description Dept. / Division
Mr. Alan Wai-lun Leung Hong
Kong Manager Sales
Ms. Eunice Leung Hong
Kong General Manager -
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*Main Products & Services*
=====================
Specializes in the following areas of work:
1. Trading a wide range of building materials.
2. Provision of technical support for ceiling, partitioning and
insulation systems, and fire rating systems.
Products also include:
- Fire rated plaster acoustic tile
- Timber-MDF, HDF and flooring
- Timer-Particleboard
Carries the following brand names:
- Rondo
- PGH
- CSR
- Bradford Insulation
Products: Aluminium flexible duct
Aluminium
products
Aluminum foil
Autoclaved aerated
concrete
Building materials
*Payment Terms*
==============
Sales
-------
Local : Cash or Credit
Export : Letter of Credit (L/C)
Telegraphic
Transfer (T/T)
Purchases
--------------
Local : Cash or Credit
Import : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
*Local Distribution Network*
======================
Part of the annual turnover is attributed to local sales.
*Export Markets*
==============
Part of the annual turnover is attributed to export.
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*LOCAL BRANCHES & MANAGEMENT*
=================================
Branch :
CSR BUILDING MATERIALS (HK) LTD (REGIONAL OFFICE) - HONG KONG
Branch Address : Unit
12, 1805 Wheelock House 20 Pedder St Central, Hong Kong,
*(Subsidiaries, Joint-ventures & Affiliates)
===============================
Company Name : CSR
(GUANGDONG) ROCKWOOL CO LTD
Address :
Shilong Xihu Industrial Zone Dongguan Dist Guangzhou 511721 Guangdong China
Country :
China
Relationship :
Affiliate
Legal Form :
Private company with limited liability
Company Type :
Manufacturer
Industry :
Construction & Construction Materials
Company Name : CSR ASIA
PTY LTD
Address : 1
O'Connell St Sydney 2000 NSW Australia
Country :
Australia
Relationship :
Affiliate
Legal Form :
Private company with limited liability
Company Type :
Manufacturer
Industry :
Construction & Construction Materials
Company Name : CSR
BUILDING MATERIALS (M) SDN BHD
Address :
Bukit Raja Ind. Estate Lot 4 Solok Waja 1 Klang 41050 Selangor Darul Malaysia
Country :
Malaysia
Relationship :
Affiliate
Legal Form :
Private company with limited liability
Company Type :
Manufacturer
Industry :
Construction & Construction Materials
Company Name : CSR
BUILDING MATERIALS PTY LTD
Address : 376
Victoria St Wetherill Park Sydney 2164 NSW Australia
Country :
Australia
Relationship :
Affiliate
Legal Form Private company with limited liability
Company Type :
Manufacturer
Industry :
Construction & Construction Materials
Company Name : CSR
INSULATION (THAILAND) LTD
Address : Rm
205 2Fl Grand Bldg 212/273 Pattanakarn Rd Pravet Bangkok 10250 Thailand
Country :
Thailand
Relationship :
Affiliate
Legal Form :
Private company with limited liability
Company Type :
Manufacturer
Industry :
Construction & Construction Materials
Company Name : CSR
PLASTERBOARD CO LTD
Address : Da
Zhuang Cun (East Side) Huangcun Daxing County Dahsing Hsien Beijing 102600
China
Country :
China
Relationship :
Affiliate
Legal Form :
Private company with limited liability
Company Type :
Manufacturer
Industry :
Plastics & Products
Company Name : CSR
READYMIX CO LTD
Address :
211 Ma Chang Rd Hexi Dist Tianjin 300204 China
Country :
China
Relationship :
Affiliate
Legal Form :
Private company with limited liability
Company Type :
Manufacturer
Industry :
Construction & Construction Materials
Company Name : CSR
SOUTH EAST ASIA PTE LTD
Address : 8
Tuas Ave, 2 Jurong Town 639448 Singapore
Country :
Singapore
Relationship :
Affiliate
Legal Form :
Private company with limited liability
Company Type :
Manufacturer
Industry :
Construction & Construction Materials
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PAYMENT RATING : 3 OBTAINED SCORES :
51
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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.
Dealings on open terms may be possible for SMALL amounts
depending on individual judgement experience.
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As a private limited company there is no legal requirement according to
local corporate law for public disclosure of detailed financials.
%20LTD%2003-Apr-208_files/image012.gif){kind=small}
SC is considered small-sized in its line with a long history. A credit
line at the above amount appears beyond SC’s capacities, while a credit line up
to USD 20,000 would appear to be within SC’s capacities.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Service 1796 Install/Erect
Bldg Equip, NEC
Trading 2591 Venetian
blinds and parts, iron, steel or aluminum; window shade fixture, etc, and
hardware, base metal
Trading 3251 Brick and
structural clay tile
Trading 3365 Aluminum
foundries
Trading 3442 Metal
doors, sash and trim, of iron, steel, or aluminum
Trading 5033 Roof/Siding/Insulation
Mat'ls
Trading 5039 Construction
Materials, NEC
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 6806900000 Mixtures
a artcls of heat-insulating, sound-insulating or sound absorbing materials exc
those of 6811, 6812, or chapter 69
Trading 6809 Articles
of plaster or items based on plaster
Trading 6809900000 Othr
artcls of plaster or of compositions based on plaster incl ornam
Trading 6902 Refractory
bricks & other refr ceramic const art
Trading 6905 Roofing
tiles, chimney pots, cowls, ch liners etc
Trading 7307193000 Ductile
fittings of iron or steel, cast
Trading 7321904000 Door
assemblies with more than one of the following: inner panel, outer panel,
window, insulation; of heading 7321.11.30
Trading 7600 Aluminum
& articles thereof
Trading 7606123090 Aluminum
plates sheets a strip rect inc sq alloy not clad with a thickness of 6.3 mm or
less
Trading 7607 Aluminum
foil (back or not) n/ov 2mm th (ex back)
DETAILED PRODUCT
CLASSIFICATION & ACTIVITY
Activity Product/Service Description
Trader Insulation
system
Trader Fire
doors
Trader Fire-rated
doors
Trader Moulded doorskin
Trader Aluminium
products
Trader Roof
tiles
Trader Building
materials
Trader Suspended
ceiling systems
Trader Clay bricks
& pavers
Trader Doorskin
INTERNATIONAL
TRADE: ACTIVITY & MARKETS
Exporting to Asia
Importing from Asia
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%)