MIRA
INFORM REPORT
|
Report Date : |
19.06.2008 |
IDENTIFICATION
DETAILS
|
Name : |
TELFORD INT'L CO LTD |
|
|
|
|
Registered Office : |
Unit 1608-09 Kerry Cargo Centre 55 Wing Kei Rd Kwai Chung New
Territories |
|
|
|
|
Country : |
Hong Kong |
|
|
|
|
Date of Incorporation : |
04.06.1982 |
|
|
|
|
Com. Reg. No.: |
0112944 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Import of wide range of alcoholic and non-alcoholic beverages. Sales and distribution of products to local and international
markets. |
RATING &
COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
Status : |
Small Company |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
name & address
TELFORD
INT'L CO LTD
UNIT 1608-09 KERRY CARGO CENTRE
55 WING KEI RD KWAI CHUNG NEW TERRITORIES,
HONG KONG
TEL: 852-27225066 FAX: 852-23116050
EXECUTIVE SUMMARY
INCORPORATION DATE :
JUNE 4, 1982
REGISTRATION NO. :
0112944
LEGAL FORM :
PRIVATE
CHIEF EXECUTIVE :
MR. KENNETH CHUN-MAN FONG (CHAIRMAN)
STAFF STRENGTH :
100
CAPITAL :
US$ 64,267
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
AVERAGE
RECOMM. CREDIT RANGE :
MODERATE AMOUNT
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.80405 = 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 : 0112944
Date issued :
4 June, 1982
Issuing authority : Companies Registry
Type of license : Corporate
(2)
License number : 07871767-000
Issuing authority : Business Registration Office -
Inland Revenue Dept
Type of license : Business
*Company Name*
=============
Incorporated as : TELFORD INT'L MARKETING LTD
Date of incorporation : 4
June, 1982
Changed name to : TELFORD INT'L CO LTD
Date of change 26
April, 2000
*Capital Details*
=============
Authorized Capital : HKD 500,000.00 divided into 500,000 ordinary shares
at HKD 1.00/-each, fully paid.
*Office & Facilities*
===============
Size : 1,500 sq ft
Location : Industrial District
Property status :
Rented
Current land search on the above premises
indicates the following :
-
Ownership : KERRY CARGO
CENTRE LTD
-
Date of purchase : 9 November, 1996
Comment : Serves as office and warehouse 1.
Other Contact Details
-----------------------------
Tel no. : 23669188
E-mail :
corporate@telford.com.hk (Corporate)
fansclub@telford.com.hk (Fans Club)
*Charges*
=========
Total amount outstanding on all mortgages and charges which are required
to be registered with the Registrar of Companies is HKD 7,650.00.
*Approved Signatures*
===================
Ms. Lucia So-ching Fong can sign on behalf of the company with seal
affixed.
www.telford.com.hk The design
is professional and the content is well organized. At present it is in both
Chinese and English versions.
E-mail: sales@telford.com.hk
Litigation ( 1 )
Position :
Defendant
Other Parties Involved :
Position Country Party's Name
Plaintiff
Hong Kong Tim-Tai Lam
Case Issue : A
petition to the Court to rule over a labor dispute.
Court :
Labor Tribunal, Hong Kong
Date Commenced : 4
January, 2001
Status :
Not stated
*Major Shareholders*
================
Total number of shareholders: 2
Total number of shares: 500,000
Shareholders Country Number Amount (HKD) %
----------------- -------------- ------------- -------------- ---------
EMINENT DRAGON LTD Virgin Islands (British) 499,999.00
499,999.00 100.00
Mr. Chin-yue Fong Hong Kong 1.00 1.00 0.00
*Company Secretary*
=================
EASE TRADE CONSULTANTS LTD
Address : Unit 5705,
57Fl The Center 99 Queen's Rd Central Hong Kong
License number : 728031
Management: Mr. Kenneth Chun-man
Fong, Managing Director
Ms. Pauline Chan, Representative
Name Nationality
Job Description
Mr. Kenneth Chun-man Fong Hong
Kong Managing Director
Ms. Pauline Chan Hong
Kong Representative
*Main Products & Services*
======================
Specializes in the following areas of work :
1. Import of wide range of alcoholic and non-alcoholic beverages.
2. Sales and distribution of products to local and international
markets.
Products: Aerated water
Alcoholic
beverages
Alcoholic spirits
Beer
Beverages
*Payment Terms*
==============
Sales
--------
Local : Cash on Delivery (COD)
7-30 days credit
Export : Letter of Credit (L/C)
Purchases
--------------
Import : Letter of Credit (L/C)
*Warehousing Facilities*
====================
Maintains 2 warehouses in Hong Kong with the following details:
Warehouse 2
------------------
Size : 72,000 sq ft
Warehouse 3
-------------------
Size : 3,300 sq ft
*Import Agencies*
===============
Agency for the following product brands :
Non-Alcoholic
--------------------
- Tao Ti
- Meko
- Chamei French Sparkling Juices
Candy
---------
- Meko Mints
Beer
-------
- Budweiser
- Harbin
Ready To Drink
----------------------
- Smirnoff ICE
Cider
-------
- Woodpecker
Spirits
----------
- Brandy
- California Port
- Liqueur
- Rum
- Tequila
- Whisky
- Vodka
Champagne
---------------
- Laurent-Perrier
Still Wine
--------------
Argentina
- Trivento Chardonnay
- Trivento Viognier
- Trivento Cabernet Sauvignon
- Trivento Pinot Noir
- Trivento Reserve Chardonnay
- Trivento Reserve Malbec
- Trivento Golden Reserve Malbec
Australia
- Barokes Can Wine
- Mitchelton Wines
- Mitchelton - Victoria
- Preece - Victoria
- Thomas Mitchell - Victoria
- Petaluma
- Yellow tail
California, USA
- Almaden
- Bel Arbor Vineyards
- Bonterra Vineyards
- Cribari
- Delicato Family Vineyards
- Monterra
- Estancia Estate
- Fetzer Vineyards
- Franciscan Oakville Estate
- Heritage Vineyards
- Jekel Vineyards
- Simi Vineyards
- Chile
- Santa Carolina
- Vina Maipo
China
Dong Fong Wine Factory
----------------------------------
- Yue Shan Xian Diao
- Yue Zhou Xiang Xue
- Yue Zhou Hua Diao
- Yue Zhou Jia Fan
- Yue Zhou Cooking Wine
- France
By Region :
---------------
- Bordeaux
- Bordeaux A.C.
- Haut-Medoc
- Margaux
- Medoc
- Montagne St. Emilion
- Pauillac
- Pomerol
- Sauternes
- St. Emilion
- Burgundy
- Chablis
- Cote de Beaune
- Cote de Nuits
- Maconnais
- Loire Valley
- The Rhone Valley
By Category :
-------------------
- Vin de Pays
- Vin de Table
- Varietals
New Zealand
- Selaks
Sparkling Wine
---------------------
Australia
- Petaluma
England
- Lambrini
France
- Mousseux
- Ecusson
Italy
- Zardetto
- Bolla
- Cantine Del Cerro
USA
- Korbel
- Cooks
- J. Roget
*Domestic Customers*
==================
Major local customers include :
- WELLCOME
- PARK N SHOP
- 7-ELEVEN
*Domestic Agents & Distributors*
===========================
Maintains 30 wholesale distributors who distribute products within Hong
Kong, Macau and China.
*Local Distribution Network*
=======================
Part of the annual turnover is attributed to local sales.
*Export Markets*
==============
Part of the annual turnover is attributed to export.
*Shipping*
=========
Maintains its delivery system through FONG'S LOGISTICS LTD.
*IMPORTER AGENCY LISTING*
==========================
Supplier : GOTOP TRADING LTD
Country of Origin : Canada
Product Description : Beverages
Brand : GOTOP
Year : 1986
Supplier : LE KIU IMPORTING CO LTD
Country of Origin : Canada
Product Description : Beverages
Brand : LE KIU
Year : 1986
Supplier : IENG VA CO
Country of Origin : Macao
Product Description : Beverages
Brand : IENG VA
Year : 1986
Supplier : GOODTIME DISTRIBUTORS
Country of Origin : Macao
Product Description : Beverages
Brand : GOODTIME
Year : 1986
Supplier : CUBIC RESOURCE ALLIANCE
Country of Origin : Singapore
Product Description : Beverages
Brand : CUBIC
Year : 1986
Supplier : EKO (AUST) PTY LTD
Country of Origin : Australia
Product Description : Beverages
Brand : EKO
Year : 1986
PAYMENT RATING : 3 OBTAINED SCORES :55
|
Implication |
Implications |
|
|
1 |
Scores 85–100 |
Excellent |
|
2 |
Scores 75 – 84 |
Above Average |
|
3 |
Scores 50 – 74 |
Average |
|
4 |
Scores 35 – 49 |
Fair |
|
5 |
Scores 15 – 34 |
Below Average |
|
6 |
Scores 01 – 14 |
Poor |
|
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 MODERATE amounts
depending on individual judgement experience.
As a private limited liability company there is no legal requirement
according to local corporate law for public disclosure of detailed financials.
*BANK DETAILS*
===============
Bank Name : HONG
KONG & SHANGHAI BANKING CORP LTD, THE
Branch :
Central, Hong Kong
Branch Address : 9Fl
HSBC Main Bldg 1 Queen's Rd Central Hong Kong (Head Office)
SWIFT Code :
HSBCHKHH
SC is considered large-sized in its line with a long development
history. Credit up to moderate amount may be considered.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 2037 Frozen
fruits, fruit juices, and vegetables
Trading 2082 Malt
beverages
Trading 2084 Wines, brandy,
and brandy spirits
Trading 2085 Distilled,
rectified, and blended liquors
Trading 2086 Bottled and
canned soft drinks and carbonated waters
Trading 5182 Wine/Distilled
Alcohol Bev
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 0902101000 Green
tea (not fermented), flavored, in immediate packings of a content not exceeding
3kg
Trading 0902201000 Green
tea (not fermented), flavored
Trading 2009302040 Lime
juice, unfermented, concentrated
Trading 2009806000 Juice
of any other single fruit unfermented
Trading 2200 Beverages,
spirits & vinegar
Trading 2202 Waters,
sweetened etc & other nonalc beverages
Trading 2202100060 Waters,
including mineral waters and aerated waters, containing added sugar or other
sweetening matter or flavored except carbonated soft drinks
Trading 2202909010 Nonalcoholic
beer
Trading 2203 Beer
made from malt
Trading 2206 Fermented
beverages (cider, berry, mead etc)
DETAILED PRODUCT
CLASSIFICATION & ACTIVITY
Activity Product/Service Description
Trader Gin
Trader Rum
Trader Whisky
Trader Beer
Trader Water
beverage
Trader Irish
cream
Trader Tropical
rum
Trader Aerated
water
Trader Alcoholic
beverages
Trader Non-alcoholic
beverages
INTERNATIONAL
TRADE : ACTIVITY & MARKETS
Exporting to Asia
Exporting to Australia
Exporting to Canada
Exporting to China
Exporting to North America
Exporting to Oceania
Exporting to Singapore
Importing from Argentina
Importing from Asia
Importing from Australia
Importing from Canada
Importing from Chile
Importing from China
Importing from Europe
Importing from France
Importing from Italy
Importing from Macau
Importing from New Zealand
Importing from North America
Importing from Oceania
Importing from Singapore
Importing from South America
Importing from Spain
Importing from Taiwan
Importing from USA
Importing from United Kingdom
RATING
EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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%)