MIRA
INFORM REPORT
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Report Date : |
20.06.2008 |
IDENTIFICATION
DETAILS
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Name : |
SINOBRIGHT DEVELOPMENT LTD |
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Registered Office : |
Unit 1205, 12FL Sino Plaza 255 Gloucester Rd Causeway Bay |
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Country : |
China |
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Date of Incorporation : |
17.10.2003 |
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Com. Reg. No.: |
-- |
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Legal Form : |
Private Company With Limited Liability |
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Line of Business : |
Providing Development Services.
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RATING &
COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Undetermined |
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Payment Behaviour : |
-- |
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Litigation : |
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name & address
SINOBRIGHT
DEVELOPMENT LTD
UNIT 1205, 12FL SINO PLAZA 255 GLOUCESTER RD
CAUSEWAY BAY, HONG KONG (AS REGISTERED)
TEL: N/A
FAX: N/A
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.
*Company Registration*
===================
Primary Business Activity : Service
Legal Form : Private company with limited liability
(1)
License number : 866300
Date issued : 17
October, 2003
Issuing authority : Companies
Registry
Type of license : Corporate
(2)
License number : 33992981-000
Issuing authority : Business
Registration Office - Inland Revenue Dept
Type of license :
Business
*Capital Details*
============
Authorized capital : HKD 10,000.00 divided into 10,000 ordinary shares
at HKD 1.00/-each, fully paid
*Approved Signatures*
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Only SUCCESS CORPORATE SERVICES LTD can sign on behalf of the company
with seal affixed.
SC is not known to host website of its own at present.
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: 10,000
Shareholders Country Number Amount (HKD) %
Mr. Ying Mei China 5,000.00 5,000.00 50.00
Mr. Yong Mei China 5,000.00 5,000.00 50.00
*Company Secretary*
=================
SUCCESS CORPORATE SERVICES LTD
CR no : 618863
Address : 27Fl Hopewell Centre
183 Queen's Rd East Hong Kong
*COMPANY DIRECTORS*
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1
Name :
Mr. Ying Ming
Nationality :
Hong Kong
ID/Passport No. :
36010419670415924
Registered Address : Rm 801
Zhong Guan Bldg Nan Shan Dis, Xili Town, Shenzhen, Guangdong, 518055
Country of Residence : China
2
Name :
Mr. Yong Mei
Nationality :
Hong Kong
ID/Passport No. :
110108196601128915
Registered Address : Rm 801
Zhong Guan Bldg Nan Shan Dist, Xili Town, Shenzhen, Guangdong, 518055
Country of Residence : China
*Operations Status*
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No telephone listing could be found for the company. It is therefore not
possible to contact the company directly to obtain further information. The
nature and extent of the company's operations could not be determined and it
could not be confirmed whether the company operates from the Registered Office
address or in another location.
*Main Products & Services*
======================
Believed to be engaged in providing development services.
Products: Development
SC is not known to have any subsidiary at
present.
PAYMENT RATING : NR OBTAINED SCORES :
No Data
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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.
*Bank Details*
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Bank name : HONG KONG & SHANGHAI BANKING CORP LTD
Branch : 8Fl China Resources Bldg 5001 Shenan East
China
Based on the investigations performed, it has not been possible to
prepare a normal credit report on the company. Given the circumstances, caution
is advised related to dealings with persons claiming to represent such an
entity.
Attached:
trade references
SIC PRODUCT
CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Service 7300 Business
Services
HARMONIZED PRODUCT
CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Service 9900 Business
services, health, financial/insur. legal/real estate, hotels, and misc repairs
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.43.30 |
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UK Pound |
1 |
Rs.86.13 |
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Euro |
1 |
Rs.68.72 |
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%)