MIRA
INFORM REPORT
|
Report Date : |
07.03.2008 |
IDENTIFICATION
DETAILS
|
Name : |
HONG KONG DRAGON LOGISTICS CO |
|
|
|
|
Registered Office : |
Flat 918, 9Fl Kam Hon Industrial Bldg 8
Wang Kwun Rd Kowloon Bay Kowloon |
|
|
|
|
Country : |
Hong Kong |
|
|
|
|
Date of Incorporation : |
01.11.2006 |
|
|
|
|
Com. Reg. No.: |
37301621-000 |
|
|
|
|
Legal Form : |
Sole-Proprietorship |
|
|
|
|
Line of Business : |
Provision of International Freight Transport Services. |
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
HONG
KONG DRAGON LOGISTICS CO
FLAT 918, 9FL KAM HON INDUSTRIAL BLDG
8 WANG KWUN RD KOWLOON BAY KOWLOON, HONG
KONG.
TEL: 852-36522822 FAX: 852-31771977
EXECUTIVE SUMMARY
INCORPORATION DATE : 1
NOVEMBER, 2006
REGISTRATION NO. :
37301621-000
LEGAL FORM :
SOLE-PROPRIETORSHIP
CHIEF EXECUTIVE :
MR. ANDY GUO-AN CHEN (CHAIRMAN)
STAFF STRENGTH :
10
CAPITAL :
N/A
BUSINESS LINE :
SERVICE
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
BELOW AVERAGE
RECOMM. CREDIT RANGE : C.O.D.
TO SMALL AMOUNT
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : FAIRLY STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.78769 = 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
*Office & Facilities*
================
Other tel nos. : 65212345 / 83356699 / 83346678 /36522826
*Reputation*
==========
Reference checking for the purpose of establishing the firm's reputation
within the respective industry failed to reveal any negative information.
www.sznby.com The design is
professional and the content is well organized. At present it is in both
Chinese and English versions.
E-mail: roam@public.szptt.net.cn
For the past two years there is no record of litigation.
Based on corporate filing regulations for this type of entity in Hong
Kong, there is either, no requirement for Shareholders or no requirement for
public disclosure of Shareholders.
Management: Ms. Vicky Deng,
Representative
Ms. Shen, Representative
Ms. Wu, Representative
Name Nationality
Job Description
Ms. Vicky Deng Hong
Kong Representative
Ms. Shen Hong
Kong Representative
Ms. Wu Hong
Kong Representative
Ms. Yan Hong
Kong Representative
*Main Products & Services*
======================
Specializes in the provision of international freight transport
services.
Products: Air freight transportation
Int'l freight
transportation
Int'l marine transportation
*Subsidiaries, Joint-ventures & Affiliates*
=================================
Maintains an office in China, details are as follows:
Address : Rm 1116-1117, 11Fl Zhongshen Bg Beihuan Rd, Futian, Shenzhen,
China
Tel no. : 755-83358488
Fax no. : 755-83948448
Maintains agent network in the following locations:
(1)
Los Angeles
-----------------
Address : 11222 La Cienega Blvd 215, Inglewood, CA, 90304
(2)
Atlanta
----------
Address : Suite2710 Airport Plaza 510 Plaza Drive, Atlanta, GA, 30349
(3)
Chicago
-----------
Address : Suite 220 Hartford Centre 755 N Route 83, Bensenville, IL,
60106
(4)
New York
-------------
Address : Rm 203 Cargo Bldg 80
JFK Int'1 Airport, Jamaica, New York, 11430
(5)
Miami
---------
Address : Suite 209, 2801N W 74 Ave, Miami, FL, 33122
(6)
Prague, Czech Republic
--------------------------------
Address : Antala Staska 30, Prague 4, 14620
(7)
Penang, Malaysia
------------------------
Address : Unit7 MAS Cargo Complex Block C Off Jalan Garuda, Bayan Lepas,
Penang, 11900
(8)
Hong Kong
----------------
Address : Unit 7-10, 2Fl Ever Gain Plaza Cai Park 88 Container Port Rd,
Kuai Chung, NT
(9)
Auckland, New Zealand
--------------------------------
Address : Unit D Auckland Int'l Airport 39 Remie Drive, Airport Oaks,
Mangere
(10)
Australia
-------------
Address : 72-76 Robey St, Mascot, NSW
(11)
Kiev, Ukarine
------------------
Address : 18-2 Schorsa St, Kiev, 01133
(12)
Germany
------------
Address : Dillenburg Strasse 66-72, Dillenburg, 35668
(13)
Canada
----------
Address : 7548 Bath Rd, Mississauga, Ontario, L4TIL2
(14)
France
---------
Address : Zone De Fret 2-BP 10186, Rue Du Sec Roissy CDG Cedex, 95702
(15)
Copenhagen, Denmark
-------------------------------
Address : Scandiagade15, Copenhagen, SV, 2450
(16)
Helsinki, Finland
-----------------------
Address : Rahtitie1C, Vantaa, 01530
*Strategic Partners & Alliances*
=========================
Maintains partnership with the following companies:
- DHL
- FEDEX
- EMS
- TNT
- UPS
PAYMENT RATING : 5 OBTAINED SCORES :
33
|
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.
As a sole proprietorship there is no legal requirement according to local
corporate law for public disclosure of detailed financials.
*Bank Details*
===========
Bank Name : HANG
SENG BANK LTD
Branch :
Central, Hong Kong
Branch Address : Level
21 Hang Seng Bank Bldg 83 Des Voeux Rd Central Hong Kong (Head Office)
SWIFT Code :
SCBLHKHH
SC is considered small-sized in its line with a short history. Credit
dealings with SC are recommended under secured terms at present.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Service 4412 Sea Foreign
Freight Trans
Service 4449 Water
Freight Transport, NEC
Service 4513 Air Courier
Svcs
Service 4700 Transportation
Services
Service 4731 Arrange
Trans Freight/Cargo
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Service 9841 Deep sea
foreign freight transportation of freight
Service 9848 Air courier
services
Service 9852 Freight
transportation arrangement, nvocc, customs brokerage
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%)