MIRA
INFORM REPORT
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Report Date : |
01.02.2008 |
IDENTIFICATION
DETAILS
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Name : |
JADEWIN LTD |
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Registered Office : |
Unit A, 10/F, Time Ctr, No. 53-55, Hollywoord Rd., Central |
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Country : |
Hong Kong |
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Date of Incorporation : |
23.04.2007 |
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Com. Reg. No.: |
1125836 |
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Legal Form : |
Private Limited Company |
RATING &
COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
JADEWIN LTD.
UNIT A, 10/F., TIME CTR., NO. 53-55
HOLLYWOOD RD.,
CENTRAL, HONG KONG. (AS GIVEN)
TEL: 852 92677227 (AS GIVEN) FAX:
NOT REGISTERED
Narrative report
This refers to a type of report whose format is different from that of a standard report. Such type of report is provided when:
l
Information
obtained is insufficient for compiling a standard report.
l
The enquired co
has been out of business or its business address has been untraceable.
It should be noted
that the time and manpower spent on preparing such type of report might be
greater than those on a standard report. On many occasions, the information in
this type of report still indicates the current status of the enquired co. and
serves as a useful reference to assess its credit standing.
SC is a private
limited co. incorporated under co. file no. 1125836 on 23-4-2007.
Details of its
incorporation information are shown to be as follows:
Authorized capital:
HK$10,000 divided into 10,000 shares HK$1
Paid-up capital:
HK$300
Shareholders/subscribers
(as at 3-5-2007)
Name(s), ID/passport
number, nationality & registered address No.
of Shares
- True Friendship
Ltd. / Room 403, Fu Fai Comemrcial Ctr., 27 1
Hiller St., Sheung
Wan, Hong Kong.
* Dowding Mark
Richard / P802800 (5) / Chinese / 18B, Nikken 99
Heights, Princess
Terrace, Central, Hong Kong.
* Dowding Philip
Anthony / P812142(0) / Chinese / Flat G, 16/F., 100
Tower B, Hollywood
Terrace, 268 Queen's Road Central, Sheung Wan, HK.
* Cobas Sales Carlos
Marcell / 3093757-6 / Uruguay / 18A, 100
Caperidge Drive,
Discovery Bay, Hong Kong.
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300
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Directors (as at
3-5-2007)
Name(s), ID/passport
number & nationality Registered
address
* Also directors
Allotments (as at
3-5-2007) / No. of shares
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- Dowding Mark
Richard / 99
- Dowding Philip
Anthony / 100
- Cobas Sales Carlos
Marcell / 100
This section will
contain the civil litigations & winding-up petitions filed against SC for
the last 6 years (as stored in our database), and the mortgage/charge filed by
SC for the last 2 years. In Hong Kong, creation of such mortgage/charges by an unlimited
co is not required to be registered in the public records.
Civil
litigation/winding-up petitions :
None in our database.
Mortgage/charge
record(s) : None
filed since its incorporation date.
Dowding Philip Anthony,
director:
Credit history check : This refers to a check of our database whether the said
person has been involved in
any of the following records stored by us within the last 6 years:
Civil litigation as
defendants : None in our database
Bankruptcy/winding-up
petitions : None in our database
Delinquent payment
records : None in our database
Debt collection
records : No overdue amount owed by the said
person was placed to us for collection
Cobas Sales Carlos
Marcell, director:
Credit history
check: This refers to a check of our
database whether the said person has been involved in any of the following
records stored by us within the last 6 years:
Civil litigation as
defendants : None in our database
Bankruptcy/winding-up
petitions : None in our database
Delinquent payment
records : None in our database
Debt collection
records : No overdue amount owed by the said
person was placed to us for collection
Detailed information
regarding its activities is not available.
SC is not known to
have any subsidiary at present.
A visit to the
premises at the heading business address by our field reporter revealed the
following:
The address is a
commercial premises outside of which SC's name was not seen on display. Instead, the following co. name(s) was/were
seen on display:
- Nam Mei Leather
Ltd.
- Lucky Star
Leathers Ltd.
The gross area of
the premises is estimated at 400 square feet.
Condition inside the
premises during our visit: Normal
Office/factory
outlay: Standard
The outer door of
the premises was locked. No one
responded to our reporter's calls.
Our reporter
inserted our co brochure and questionnaire to the premises through the space
below the door.
So far, we have not
yet received any reply.
Our reporter learned
from the neighboring tenant that SC only visits the premises a few times per
month.
Our current inquiry
reveals that no such name as SC is registered as a current user of local fixed
line telephone companies.
Our calls to your
given telephone number (852-92677227) were directly transferred to the said
no.'s telephone answering machine.
In view of SC's
style of operations and insufficient information, we have no base to formulate
our credit opinion on SC.
Partial registration
information regarding Nam Mei Leather Ltd. is as follows:
Date of
incorporation: 28-8-2002
Authorized capital:
HK$10,000 divided into 10,000 shares @ HK$1.
Paid-up capital:
HK$300
Shareholders (as at
28-8-2007) Number
of shares held
* Dowding Mark
Richard 100
* Dowding Philip
Anthony 100
* Cobas Sales Carlos
Marcell 100
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300
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Directors (as at
28-8-2007)
* Also directors
Civil litigation
check of Nam Mei Leather Ltd. and Lucky Star Leathers Ltd: None in our database
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%)