MIRA
INFORM REPORT
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Report Date : |
26.04.2008 |
IDENTIFICATION
DETAILS
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Name : |
KINJI CO LTD |
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Registered Office : |
Units 2-5, 5fl Well Tech Center 7-9 Pat Tat St San Po Kong Kowloon |
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Country : |
Hong Kong |
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Date of Incorporation : |
19.12. 2001 |
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Com. Reg. No.: |
0779754 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Trading of Various Apparel and Accessories. |
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 5,000 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name & address
KINJI
CO LTD
UNITS 2-5, 5FL WELL TECH CENTER
7-9 PAT TAT ST SAN PO KONG KOWLOON, HONG
KONG.
TEL:852-23668736 FAX:852-23665382
EXECUTIVE SUMMARY
INCORPORATION DATE :
DECEMBER 19, 2001
REGISTRATION NO. :
0779754
LEGAL FORM :
PRIVATE
CHIEF EXECUTIVE :
MS. POLLY KWOK (MANAGER)
STAFF STRENGTH :
25
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 5,000
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.79136 = 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 : 0779754
Date issued : 19 December, 2001
Issuing authority :
Companies Registry
Legal form : Private Company Having a Share Capital
Type of license : Corporate
(2)
License number : 32339429-000
Issuing authority : Business
Registration Office - Inland Revenue Dept
Type of license :
Business
*Capital Details*
=============
Share value : HKD
1.00/-each
Authorized capital : HKD 10,000.00
divided into 10,000 ordinary shares
Paid-up capital : HKD
101.00 divided into 101ordinary shares
*Corporate & Organization Structure*
===========================
A family owned and operated business.
*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 Mr. Kyoko Ngai can sign on behalf of the company with seal affixed.
*Freight Forwarders*
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- SPEED POST CO LTD
www.kinjistore.com
The design is professional and the content is well organized. At present it is
in English version.
E-mail: kinji@kinjinet.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: 101
Shareholders Country
Number Amount (HKD) %
------------------ ------------- ---------- ------------------- ----
Mr. Kyoko Ngai Hong Kong 100.00
100.00 99.01
Mr. James Alan Yat-fai Ngai Hong Kong 1.00
1.00 0.99
*Company Secretary*
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Mr. James Alan Yat-fai Ngai
HKID number : G29100(6)
Address : Flat C 1Fl
Moonville 12 Osmanthus Rd Yau Yat Tsuen Kowloon Hong Kong
Management: Ms. Polly Kwok, Manager
Name Nationality
Job Description
Ms. Polly Kwok Hong
Kong Manager
*Main Products & Services*
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Specializes in the following areas of work:
1. Trading of various apparel and accessories.
2. Sales and distribution of products to local and international
markets.
Note: Some of products are sold on its web site.
Products: Accessories
Boutiques
Evening bags
Jewelry &
accessories
Jewelry
accessories
*Payment Terms*
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Sales
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Local : Cash or credit
Credit card (Visa,
Master Card)
Export : Credit card (Visa, Master Card)
Purchases
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Local : Cash or credit
Import : Letter of credit (L/C)
Telegraphic transfer
(T/T)
*Local Distribution Network*
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Part of the annual turnover is attributed to local sales.
*Export Markets*
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Part of the annual turnover is attributed to export.
*LOCAL BRANCHES & MANAGEMENT*
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Branch :
KINJI CO LTD (SHOP 1) - KOWLOON
Branch Address : Shop
BL9 Peninsula Hotel - Shopping Arcade Salisbury Rd Tsimshatsui, Kowloon,
Branch Tel :
[+852] 23689282
Branch : KINJI
CO LTD (SHOP 3) - HONG KONG
Branch Address : Shop
1010 IFC Mall Central, Hong Kong,
Branch Tel :
[+852] 22951182
Branch :
KINJI CO LTD (SHOP 4) - HONG KONG
Branch Address : Shop
123 Lee Gardens II Causeway Bay, Hong Kong,
Branch Tel :
[+852] 29075188
Branch :
KINJI CO LTD (SHOP 5) - KOWLOON
Branch Address : Shop
L056 Basement Intercontinental Hotel 18-24 Salisbury Rd Tsimshatsui,
Kowloon,
Branch Tel :
[+852] 23682092
Branch :
KINJI CO LTD (SHOP 6) - HONG KONG
Branch Address : B1
Sogo Department Store 555 Hennessey Rd Causeway Bay, Hong Kong,
Branch Tel :
[+852] 28318569
Branch :
KINJI CO LTD (SHOP 7) - HONG KONG
Branch Address : Unit 5P098 Hong Kong
International Airport - Passenger Terminal II 1 Skyplaza Rd Chek Lap Kok, Hong
Kong,
Branch Tel :
[+852] 35591105
Branch :
KINJI CO LTD (SHOP 2) - KOWLOON
Branch Address : Shop
LG1-54 Festival Walk Complex 80 Tat Chee Ave Kowloon Tong, Kowloon,
Branch Tel :
[+852] 22657687
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.
*Bank Details*
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Bank name : HANG SENG BANK
LTD
Branch : Kowloon
Swift code : SCBLHKHH
Credit amount : USD 1,500,000,000.00
SC is considered medium-sized in its line with a development history of
7 years. A credit line up to USD 5,000 would appear to be within SC’s
capacities.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 2300 Apparel/Other
Textile Products
Exporting 2389 Apparel
and accessories,
Exporting 3171 Women's
handbags and purses
Service 5600 Apparel and
Accessory Stores
Service 5699 Misc
Apparel/Accessory Stores
Service 5961 Catalog
& Mail-Order Houses
Trading 2300 Apparel/Other
Textile Products
Trading 2389 Apparel and
accessories,
Trading 3171 Women's
handbags and purses
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Exporting 4202 Travel
goods, handbags, wallets, jewelry cases etc
Exporting 6100 Articles
of apparel & clothing accessories-knitted or crocheted
Exporting 6114 Garments,
knitted or crocheted
Exporting 6117100000 Shawls, scarves, mufflers, mantillas, veils and the like,
knitted or crocheted
Exporting 6214 Shawls,
scarves, mufflers, mantillas, veils etc.
Service 9969 Mail
order
Trading 4202 Travel goods, handbags, wallets,
jewelry cases etc
Trading 6100 Articles of apparel &
clothing accessories-knitted or crocheted
Trading 6114 Garments,
knitted or crocheted
Trading 6117100000 Shawls,
scarves, mufflers, mantillas, veils and the like, knitted or crocheted
DETAILED PRODUCT
CLASSIFICATION & ACTIVITY
Activity Product/Service Description
Service Boutiques
Service Online
shop
Trader Shawl
Trader Ready-made
garments
Trader Polyester
jacket
Trader Silk cashmere
shawl
Trader Jewelry
accessories
Trader Ready-to-wear
garments
Trader Evening
bags
Trader Jewelry &
accessories
INTERNATIONAL
TRADE: ACTIVITY & MARKETS
Exporting to Asia
Exporting to Australia
Exporting to Europe
Exporting to New Zealand
Exporting to North America
Exporting to Oceania
Exporting to South America
Exporting to USA
Exporting to United Kingdom
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%)