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MIRA
INFORM REPORT
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Report Date : |
27.05.2008 |
IDENTIFICATION
DETAILS
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Name : |
LANDMARK EXIM (H K) CO |
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Registered Office : |
Rm 1001, 10fl Hillwood Center 17-19 Hillwood Rd, Tsimshatsui Kowloon, |
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Country : |
Hong Kong |
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Date of Incorporation : |
11.03.1987 |
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Com. Reg. No.: |
10853073-000 |
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Legal Form : |
Sole-Proprietorship |
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Line of Business : |
Marketing and Distribution of Wide Range of Commodities |
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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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
COMPANY NAME &
ADDRESS
LANDMARK EXIM (H K) CO
RM 1001, 10FL HILLWOOD CENTER 17-19 HILLWOOD RD, TSIMSHATSUI KOWLOON,
HONG KONG.
TEL: 852-23140448
FAX: 852-23147879
EXECUTIVE SUMMARY
INCORPORATION DATE :
MARCH 11, 1987
REGISTRATION NO. :
10853073-000
LEGAL FORM :
SOLE-PROPRIETORSHIP
CHIEF EXECUTIVE :
MR. SITARAM AGARWAL RAM (CHAIRMAN)
STAFF STRENGTH :
5
CAPITAL :
N/A
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
FAIR
RECOMM. CREDIT RANGE :
SMALL AMOUNT
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND :
STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.79643 = 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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*Company Registration*
==================
License number : 10853073-000
Date issued : 11 March, 1987
Issuing authority : Business Registration Office -
Inland Revenue Dept
Legal form : Sole Proprietorship
Type of license : Business
*Reputation*
==========
Reference checking for the purpose of establishing the firm's reputation
within the respective industry failed to reveal any negative information.
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www.lmechina.com this website
belongs to “LME CHINA INDUSTRIAL COMPANY”. The design is professional and the
content is well organized. At present it is in English version.
E-mail: lmehkco@netvigator.com
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For the past two years there is no record of litigation.
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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.
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*Key Personnel*
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Sitaram Agarwal Ram
HKID number : P1236869
Address : Flat C 1Fl Prosporous Garden - Block 1, 3
Public Square St Yaumatei Kowloon
Hong Kong
E-mail address : ram@lme.china.com
Responsibility : Handles the overall management of the
company
Date of appointment : 1
April, 1989
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*Main Products & Services*
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Specializes in the following areas of work:
1. Marketing and distribution of wide range of commodities.
2. Operating as an export house and buying agent providing wide range of
procurement, inspection and shipping services.
Products:
Accessories
Acrylic shower panels
Air freshener
Aluminum shower panels
Audio products
*Payment Terms*
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Sales
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Local : Cash or credit
Export : Letter of credit (L/C)
Telegraphic
transfer (T/T)
Purchases
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Local : Cash or credit
Import : Letter of credit (L/C)
Telegraphic
transfer (T/T)
*Local Distribution Network*
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Part of the annual turnover is attributed to local sales.
*Export Markets*
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Majority of the annual turnover is attributed to export.
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*(Subsidiaries, Joint-ventures & Affiliates)
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Company Name : LME CHINA INDUSTRIAL CO
Address : 7Fl Lingqiao Square 31 Yaohang St Ningbo 315010 Zhejiang China
Country : China
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Consumer Products
Company Name : RAMADON INT'L PTE LTD
Address : International Plaza 10 Anson Rd #21-10 079903 Singapore
Country : Singapore
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Consumer Products
Company Name : RPI INC (USA)
Address : Suite 108A, 1880 South Dairy Ashford Houston 77077 Texas USA
Country : USA
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Consumer Products
Company Name : WORLD TRADE LINK ENTERPRISES
Address : Suite 202 Unit 2 Bldg 9 Chou-guan Yiwu 322000 Zhejiang China
Country : China
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Consumer Products
*Strategic Partners & Alliances*
=========================
Group name : RIL Group
Flagship company : RAMADON
INT'L PTE LTD
Country : Singapore
Members : RPI INC (USA)
WORLD TRADE LINK ENTERPRISES
LME CHINA INDUSTRIAL CO
Details : Engaged in real estate development,
plastic recycling, software development, digital
printing, department stores and
international trading.
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PAYMENT RATING : 4 OBTAINED SCORES : 49
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Rating Key |
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 sole proprietorship there is no legal requirement according to
local corporate law for public disclosure of detailed financials.
*Bank Details*
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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
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SC is considered small-sized in its line with a long history. Credit
detailing with SC in small amount can be considered.
Attached: trade references
SIC PRODUCT
CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Service 4225
General Warehousing & Storage
Service 4731
Arrange Trans Freight/Cargo
Service 4785
Inspect/Weighing Svcs
Service 6221
Commodity Brokers/Dealers
Trading 1793
Glass & Glazing Work
Trading 2299
Textile goods,
Trading 2300
Apparel/Other Textile Products
Trading 2389
Apparel and accessories,
Trading 2399
Fabricated textile products,
Trading 2591
Venetian blinds and parts, iron, steel
or aluminum; window shade fixture, etc, and hardware, , base metal
HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Service 9838
General warehousing and
storage
Service 9852
Freight transportation
arrangement, nvocc, customs brokerage
Service 9960
Export trading/management
company
Service 9962
Inspection/quality control
Trading 3300
Oils & resinoids,
perfumery, cosmetic or toilet preparations
Trading 3304
Beauty, make-up &
skin-care prep; manicure etc
Trading 3304100000
Lip make-up preparations
Trading 3304200000
Eye make-up preparations
Trading 3305
Preparations for use on
the hair
Trading 3305100000
Shampoos
DETAILED PRODUCT CLASSIFICATION &
ACTIVITY
Activity Product/Service
Description
Service Shipping
Service Procurement
Trader Battery chargers
Trader Garment accessories
Trader Shower panels
Trader Cartridges
Trader Ceramic cartridges
Trader Bathroom fittings
Trader Accessories
Trader Glass basin
INTERNATIONAL TRADE: ACTIVITY & MARKETS
Exporting to Asia
Importing from Asia
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%)