MIRA
INFORM REPORT
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Report Date : |
16.04.2008 |
IDENTIFICATION
DETAILS
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Name : |
ALEX GEMS CO LTD |
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Registered Office : |
RM 602, 6FL Chinachem Hollywood Centre 1-13 Hollywood Rd. Central |
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Country : |
Hong Kong |
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Date of Incorporation : |
14.08.2002 |
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Com. Reg. No.: |
0810055 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Trading a wide range of Jewelry, Precious Metal and Stones. |
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 3,000 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Name & address
ALEX
GEMS CO LTD
RM 602, 6FL CHINACHEM HOLLYWOOD CENTRE
1-13 HOLLYWOOD RD. CENTRAL HONG KONG
TEL: 852-25266572 FAX: 852-29759279
EXECUTIVE SUMMARY
INCORPORATION DATE :
AUGUST 14, 2002
REGISTRATION NO. :
0810055
LEGAL FORM :
PRIVATE
CHIEF EXECUTIVE :
MS. ANNA FOURDAN (DIRECTOR)
STAFF STRENGTH :
5
CAPITAL :
US$ 1,285
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
FAIR
RECOMM. CREDIT RANGE : UP TO
USD 3,000
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : FAIRLY STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.79522 = 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
*Company Registration*
==================
(1)
License number : 0810055
Date issued : 14
August, 2002
Issuing authority : Companies
Registry
Tye of license : Corporate
(2)
License number : 32905729-000
Date issued : N/A
Issuing authority : Business Registration Office - Inland Revenue Dept
Tye of license : Business
*Capital Details*
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Share value : HKD 1.00/-each
Authorized capital : HKD 10,000.00 divided into 10,000 ordinary shares
Paid-up capital : HKD
100.00 divided into 100 ordinary 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*
=================
Only Ms. Anna Fourdan can sign on behalf of the company with seal
affixed.
*Registrar*
=========
- LAW & ASSOCIATES
www.alexgems.com The content is
simple. At present it is in English version.
E-mail: alexgems@netvigator.com
For the past two years there is no record of litigation.
*Major Shareholders*
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Total number of shareholders: 2
Total number of shares: 100
Shareholders Country
Number Amount (HKD) %
------------------------ ------------- --------- ------------------- ------
Ms. Margie Kwok-phong Fu Hong Kong 99.00 99.00 99.00
Ms. Anna Fourdan France 1.00 1.00 1.00
*Company Secretary*
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SYSTEM LTD
CR no. : 312254
Address : Suite 55, 5Fl New Henry House 10 Ice House St Central Hong
Kong
*COMPANY DIRECTORS*
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1
Name :
Ms. Anna Fourdan
Nationality :
France
ID/Passport No. :
00RE24448
Registered Address : 1B
Elegant Garden 11 Conduit Rd, Mid-levels, Hong Kong
Country of Residence : Hong
Kong
2
Name :
Ms. Margie Kwok-phong Fu
Nationality :
Hong Kong
ID/Passport No. :
00RE24448
Registered Address : 2Fl
Conway Mansion 29 Conduit Rd, Mid-levels, Hong Kong
Country of Residence : Hong
Kong
*Main Products & Services*
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Specializes in trading a wide range of jewelry, precious metal and
stones.
Products: Jade
Jewelry
Precious
metals
Precious
stones
Watches
*Payment Terms*
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Sales
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Local : Cash or Credit
Purchases
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Local : Cash or Credit
*Associations*
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Member of:
- Hong Kong Jewellery & Jade Manufacturers Association (HKJJA)
*Local Distribution Network*
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100% of the annual turnover is attributed to local sales.
*Export Markets*
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There is no record of export since the prime focus of the firm's
activity is concentrated on local sales only.
SC is not known to have any subsidiary at
present.
PAYMENT RATING : 4 OBTAINED SCORES :
47
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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.
As a private limited company there is no legal requirement according to
local corporate law for public disclosure of detailed financials.
SC is considered small-sized in its line with a short history. A credit
line at the above amount appears beyond SC’s capacities, while a credit line up
to USD 3,000 is recommended.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 3873 Watches,
clocks, clockwork operated devices, and parts,
Trading 3911 Jewelry, of
precious metal
Trading 5094 Jewelry/Watches/Precious
Mtl
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 7100 Pearls,
stones, prec. metals, imitation jewelry, coins
Trading 7113 Articles
of jewelry & parts, of precious metal or clad
Trading 7116201000 Jewelry
of precious or semiprecious stones
Trading 9100 Clocks
& watches & parts thereof
Trading 9101 Watches,
wrist, pocket etc, prec metal or clad case
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%)