MIRA
INFORM REPORT
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Report Date : |
18.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
UPS CAPITAL HK LTD |
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Registered Office : |
RM 3102 Hopewell Centre 183 Queen's Rd East Wancha |
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Country : |
Hong Kong |
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Date of Incorporation : |
29.12.1999 |
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Com. Reg. No.: |
0699227 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Providing Integrated Supply Chain Financing and Management and other
related Financial Services |
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 15,000 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name & address
UPS
CAPITAL HK LTD
RM 3102 HOPEWELL CENTRE 183 QUEEN'S RD
EAST WANCHAI, HONG KONG
TEL: 852-21318805 FAX: 852-21318808
EXECUTIVE SUMMARY
INCORPORATION DATE :
DECEMBER 29, 1999
REGISTRATION NO. :
0699227
LEGAL FORM :
PRIVATE
CHIEF EXECUTIVE :
MS. ENRITAN TAN (REPRESENTATIVE)
STAFF STRENGTH :
5
CAPITAL :
US$ 2,596,671
BUSINESS LINE :
SERVICE
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
AVERAGE
RECOMM. CREDIT RANGE : UP TO
USD 15,000
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.79691 = 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
Registered Legal Address: Suite 1901, 19Fl Cheung Kong Center 2 Queen's
Rd Central Hong Kong
*OTHER LICENSE*
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License Number : 30626854-001
Issuing Authority : Business Registration Office - Inland Revenue Dept
*Company Name*
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Incorporated as : UPS
CAPITAL GLOBALTRADE FINANCE (HK) LTD
Date of incorporation : 29 December, 1999
Changed name to : UPS
CAPITAL HK LTD
Date of change : 26
July, 2002
*Capital Details*
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Authorized capital : HKD 20,280,000.00 divided into 20,280,000 ordinary
shares at HKD 1.00/-each, fully paid
*Office & Facilities*
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Other tel. no. : 21318800
Previous address : Suite 1406
Grand Millennium Plaza 181 Queen's Rd Central Hong Kong
*Approved Signatures*
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Only UPS CAPITAL GLOBAL TRADE FINANCE CORP represented by Mr. Michael G.
Bryant can sign on behalf of the company with seal affixed.
www.capital.ups.com
this website belongs to SC’s shareholder “UPS CAPITAL CORP” in USA, The design
is professional and the content is well organized. At present it is in English
version.
E-mail: pyung@ups.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: 20,280,000
Shareholders Country Number Amount (HKD) %
UPS CAPITAL GLOBAL USA 20,279,999.00 20,279,999.00 100.00
TRADE FINANCE CORP
UPS CAPITAL CORP USA 1.00 1.00 0.00
*Directors' Details*
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Corporate Directors
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The following companies were designated as directors :
- UPS CAPITAL GLOBAL TRADE FINANCE CORP
- UPS CAPITAL CORP
*Company Secretary*
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CONSEC SERVICES LTD
Address : 6Fl
Alexandra House 18 Chater Rd Central Hong Kong
CR number : 24925
Date of appointment : 14
April, 2008
Management: Mr. Gustav Ng,
Director
Ms. Enritan Tan, Representative
Name Nationality
Job Description Dept. / Division
Mr. Gustav Ng Hong Kong Director Sales
Ms. Enritan Tan Hong
Kong Representative -
*Main Products & Services*
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Engaged in providing integrated supply chain financing and management
and other related financial services.
Products: Financial
Supply chain
financing
Supply chain
management
*(Subsidiaries, Joint-ventures & Affiliates)
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Company Name : INDUSTRIAL
DEVELOPMENT SERVICES (PVT) LTD
Address :
M-1 Kanchenjunga Bldg 18 Barakhamba Rd New Delhi 110001 Delhi India
Country :
India
Relationship : Affiliate
Legal Form :
Private company with limited liability
Company Type : Service
Industry :
Professional Services
Company Name :
INTER-PACIFIC CAPITAL PHILS CORP
Address :
Chemphil Bldg 851 Antonio S. Arnaiz Ave Legaspi Vill Makati 1229 NCR
Philippines
Country :
Philippines
Relationship :
Affiliate
Legal Form :
Private company with limited liability
Company Type : Service
Industry :
Financial Services - General
Company Name : UPS
CAPITAL BUSINESS CREDIT
Address : 425
Day Hill Rd Windsor 06095 Connecticut USA
Country :
USA
Relationship :
Affiliate
Legal Form :
Private company with limited liability
Company Type :
Service
Industry :
Financial Services - General
Company Name : UPS
CAPITAL HK LTD
Address :
9Fl, 111 Sung Chiang Rd Chungshan Dist Taipei City 104 Taiwan
Country :
Taiwan
Relationship :
Affiliate
Legal Form :
Private company with limited liability
Company Type : Service
Industry :
Financial Services - General
Company Name : UPS CAPITAL HK LTD -
SHANGHAI OFFICE
Address :
1000 Pu Jiang Rd Shanghai 200127 China
Country :
China
Relationship :
Affiliate
Legal Form :
Private company with limited liability
Company Type : Service
Industry :
Financial Services - General
PAYMENT RATING : 3 OBTAINED SCORES :
50
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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 development history of 9
years. The above credit amount appears to be beyond SC’s capacities, while a
credit line up to USD 15,000 is recommended.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Service 8741 Management
Services
Service 9300 Finance,
Taxation, & Monetary
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Service 9874 Management
services
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.42.78 |
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UK Pound |
1 |
Rs.85.51 |
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Euro |
1 |
Rs.67.90 |
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%)