MIRA
INFORM REPORT
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Report Date : |
28.02.2008 |
IDENTIFICATION
DETAILS
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Name : |
NUR ASIA PACIFIC LTD |
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Registered Office : |
UNIT D-F 11FL China Overseas Bldg 139 Hennessey Rd Wanchai |
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Country : |
Hong Kong |
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Date of Incorporation : |
27.01.1999 |
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Com. Reg. No.: |
666223 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Trading and Servicing of Digital Printers for Wide-Format Ink Jet Printing
Systems and other related products. |
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 30,000 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name & address
NUR
ASIA PACIFIC LTD
UNIT D-F 11FL CHINA OVERSEAS BLDG
139 HENNESSEY RD WANCHAI, HONG KONG.
TEL: 852-25223665 FAX: 852-25224046
EXECUTIVE SUMMARY
INCORPORATION DATE :
JANUARY 27, 1999
REGISTRATION NO. :
666223
LEGAL FORM : PRIVATE
CHIEF EXECUTIVE :
MR. RONI KLEIN (MANAGING DIRECTOR)
STAFF STRENGTH :
25
CAPITAL :
US$ 1,284
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 30,000
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.78914 = 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
Business / Branch Name (DBA): NUR ASIA PACIFIC
*Company Registration*
===================
(1)
License number : 666223
Date issued : 27 January, 1999
Issuing authority : Companies Registry
Legal form : Private Limited
Type of license : Corporate registration
(2)
License number : 22276407-000
Issuing authority : Business Registration Office -
Inland Revenue Dept
Type of license : Business registration
*Company Name*
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Incorporated as :
CHARTIC LTD
Date of incorporation : 27 January, 1999
Changed name to : NUR
ASIA PACIFIC LTD
Date of changed : 12 February, 1999
*Capital Details*
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Authorized capital : HKD
10,000.00 divided into 10,000 ordinary shares of HKD 1.00/-each, fully paid
*Office & Facilities*
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Size : 3,561 sq. feet
Property status : Leased
Other tel no : 25223655
*Approved Signatures*
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The BOACOH SECRETARIAL LTD can sign on behalf of the company with seal
affixed.
*Registrar*
========
- BOASE COHEN & COLLINS
www.nur.com this website belongs to
“NUR MACROPRINTERS LTD”. The design is professional and the content is well
organized. At present it is in English version.
Litigation ( 1 )
Position : Defendant
Other Parties Involved : Position Country Party's Name
Plaintiff Hong Kong Mr. Yan Yan
Plaintiff Hong Kong Mr. Yan Yan
Plaintiff Hong Kong Mr. Yan Yan
Case Issue : A petition to the
Court to rule over a labour dispute (filed under case no. LBTC4917/2001)
Court : District Court, Hong Kong
Date Commenced : 22 October, 2001
Status : Not stated
*Major Shareholders*
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Total number of shareholders: 2
Total number of shares: 10,000
Shareholders Country
%
-------------------------------------- ---------
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NUR MACROPRINTERS LTD Israel 99.99
Mr. David Reis Israel 0.01
*Corporate Secretary*
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BOACOH SECRETARIAL LTD
C. R. no : 237654
Address : Rm 2303-4 Dominion Centre 43-59 Queens Rd East, Hong Kong
Management: Mr. Roni Klein, Managing Director
Name Nationality
Job Description Dept. / Division
Mr. Roni Klein Israeli
Managing Director -
*Main Products & Services*
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Specializes in the following areas of work:
1. Trading and servicing of digital printers for wide-format ink jet printing
systems and other related products.
2. Provides installation, post sale customer support and warranty
services.
Products: Digital printers
Inkjet printing
systems
Inkjet production
press
Installation
Post sale customer
support
*Payment Terms*
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Sales
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Local : Cash or Credit
Export : Letter of Credit
(L/C)
Purchases
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Import : Letter of Credit (L/C)
*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.
*Branches*
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Maintains a Demo Center with the following details:
Size : 2,559 sq. feet
Property status : Leased
(expiration will be on July 2008)
*Subsidiaries, Joint-ventures & Affiliates*
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Maintains a 150 sq. feet leased office in Singapore.
PAYMENT RATING : 3 OBTAINED SCORES : 53
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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 medium-sized in its line with a development history of 9
years. Taking into consideration of SC’s general performance, a credit line up
to USD 30,000 appears to be within SC’s capacities.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Service 7629 Elect/Electronic
Repair, NEC
Service 8900 Services,
NEC
Trading 3555 Printing trades machines and equipment, and
parts and accessories,
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 8443515000 Ink
jet printing machinery, other than 8471
Trading 8471493400 Printers,
ink jet, entered in form of systems
DETAILED PRODUCT
CLASSIFICATION & ACTIVITY
Activity Product/Service Description
Trader Inkjet
production press
INTERNATIONAL
TRADE: ACTIVITY & MARKETS
Exporting to Asia
Importing from Israel
Importing from Middle East
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%)