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MIRA
INFORM REPORT
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Report Date : |
20.06.2008 |
IDENTIFICATION
DETAILS
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Correct Name : |
GRUPPE EBJ (HK) LTD |
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Registered Office : |
15FL Jade Centre 98 Wellington St |
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Country : |
Hong Kong |
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Date of Incorporation : |
01.10.1987 |
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Com. Reg. No.: |
200046 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Trading a wide range of foodstuffs. Sales and distribution of purchased products to local and
international markets. |
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 10,000 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
NAME & ADDRESS
GRUPPE
EBJ (HK) LTD
15FL JADE CENTRE
98 WELLINGTON ST, HONG KONG
TEL: 852-25439138 FAX: 852-28152985
EXECUTIVE SUMMARY
INCORPORATION DATE :
OCTOBER 2, 1987
REGISTRATION NO. :
200046
LEGAL FORM :
PRIVATE
CHIEF EXECUTIVE :
MR. KEVIN CHOW (MANAGER)
STAFF STRENGTH :
6
CAPITAL :
US$ 12,853
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
FAIR
RECOMM. CREDIT RANGE : UP TO
USD 10,000
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
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Business / Branch Name (DBA) :
EASTIMPEX (FAR EAST)
*Company Registration*
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(1)
License number : 200046
Date issued : 2
October, 1987
Issuing authority : Companies
Registry
Type of license : Corporate
(2)
License number : 11359143-000
Date issued : N/A
Issuing authority : Business
Registration Office - Inland Revenue Dept
Type of license : Business
Name
*Capital Details*
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Authorized capital : HKD 100,000.00
fully paid
*Office & Facilities*
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Other contact numbers:
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Tel no : 25430577
Fax no : 25431576
*Approved Signatures*
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Ms. Priscilla Tay can sign on behalf of the company with seal affixed.
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SC is not known to host website of its own at present.
E-mail: efe@netvigator.com
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For the past two years there is no record of litigation.
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*Major Shareholders*
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Total number of shareholders: 2
Total number of shares: 100,000
Shareholders Country Number Amount (HKD) %
----------------- ------------ ------------ --------------------- ---------
EASTIMPEX USA 99,999.00 99,999.00 100.00
Mr. Don Andrew Chan Hong Kong 1.00 1.00 0.00
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Management: Mr. Kevin Chow,
Manager
Ms. Priscilla Tay, Secretary
Name Nationality
Job Description Dept. / Division
Mr. Kevin Chow Hong Kong Manager Sales
Ms. Priscilla Tay Hong
Kong Secretary -
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*Main Products & Services*
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Specializes in the following areas of work:
1. Trading a wide range of foodstuffs.
2. Sales and distribution of purchased products to local and
international markets.
Products: Canned foods
Canned fruit
juices
Cereal
preparations
Confectioneries
Fruits & vegetables,
canned
*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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Local : Cash or Credit
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.
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SC is not known to have any subsidiary at present.
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PAYMENT RATING : 4 OBTAINED SCORES :
49
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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.
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As a private limited company there is no legal requirement according to
local corporate law for public disclosure of detailed financials.
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SC is considered small-sized in its line with a long development
history. A credit line at the above amount appears beyond SC’s capacities, while
a credit line up to USD 10,000 is recommended.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 2032 Canned
specialties
Trading 2035 Pickled fruits
and vegetables, vegetable sauces and seasonings, and salad dressings
Trading 2043 Cereal
breakfast foods
Trading 2099 Food
products,
Trading 5145 Confectionery
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 0910990000 Spices
Trading 1000 Cereals
Trading 1704903000 Confections
or sweetmeats ready for consumption, without containing cocoa
Trading 2009 Fruit
juices (& grape must) & veg juice, no spirit
Trading 2103906060 Mixed
condiments and mixed seasonings
Trading 2106906090 Food
preparations not elsewhere specified or included, canned
Trading 2200 Beverages,
spirits & vinegar
DETAILED PRODUCT
CLASSIFICATION & ACTIVITY
Activity Product/Service Description
Trader Fruits &
vegetables, canned
Trader Cereal
preparations
Trader Spices
Trader Soy sauce
seasonings
Trader Gourmet
powder
Trader Canned fruit
juices
INTERNATIONAL
TRADE: ACTIVITY & MARKETS
Exporting to China
Exporting to Europe
Exporting to USA
Importing from Asia
Importing from Europe
Importing from USA
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%)