MIRA
INFORM REPORT
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Report Date : |
05.08.2011 |
IDENTIFICATION DETAILS
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Name : |
BELLEZA LTD. |
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Registered Office : |
Unit OB, 3/F., Kaiser Estate, Phase 3, 9-11 Hok Yuen Street, Hunghom,
Kowloon |
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Country : |
Hong Kong |
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Date of Incorporation : |
21.10.2008 |
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Com. Reg. No.: |
39919024 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Importer, Exporter and Wholesaler of all kinds of jewellery, etc. |
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 |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Hong Kong |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name and address
BELLEZA LTD.
ADDRESS: Unit OB, 3/F., Kaiser
Estate, Phase 3, 9-11 Hok Yuen Street, Hunghom, Kowloon, Hong Kong.
PHONE: 2626 6178, 2626 6100
FAX: 2626 6078
MANAGEMENT
Managing Director: Mr. Yan Jau
Jong
SUMMARY
Incorporated on: 21st
October, 2008.
Organization: Private
Limited Company.
Capital: Nominal: HK$10,000.00
Issued: HK$10,000.00
Business Category: Importer, Exporter and Wholesaler.
Employees:
8.
Main Dealing Banker: The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.
Banking Relation: Satisfactory.
ADDRESS
Registered Head Office:-
Unit OB, 3/F., Kaiser Estate, Phase 3, 9-11 Hok Yuen Street, Hunghom,
Kowloon, Hong Kong.
BUSINESS REGISTRATION NUMBER
39919024
COMPANY FILE NUMBER
1281207
MANAGEMENT
Managing Director: Mr. Yan Jau Jong
Contact Person: Mr. Willaim Chau
CAPITAL
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of
HK$1.00 each)
Issued Share Capital: HK$10,000.00
SHAREHOLDER
(As per registry dated 21-10-2010)
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Name |
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No. of shares |
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YAN Jau Jong |
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10,000 ===== |
DIRECTORS
(As per registry dated 13-12-2010)
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Name (Nationality) |
Address |
|
YAN Jau Jong |
Unit OB, 3/F., Kaiser Estate, Phase 3, 9-11 Hok Yuen Street, Hunghom,
Kowloon, Hong Kong. |
|
YAN Limei |
Unit OB, 3/F., Kaiser Estate, Phase 3, 9-11 Hok Yuen Street, Hunghom,
Kowloon, Hong Kong. |
SECRETARY
(As per registry dated 21-10-2010)
|
Name |
Address |
Co. No. |
|
Best Corporate Services Consulting Co. Ltd. |
Room 1002-1003, 10/F., Tai Yau Building, 181 Johnston Road, Wanchai,
Hong Kong. |
1312717 |
HISTORY
The subject was incorporated on 21st October, 2008 as a private limited
liability company under the Hong Kong Companies Ordinance.
Apart from these, neither material change nor amendment has been ever
traced and noted.
OPERATIONS
Activities: Importer,
Exporter and Wholesaler.
Lines: All
kinds of jewellery, etc.
Employees: 8.
Commodities Imported: India, other Asian countries, Europe, etc.
Markets: Europe,
North America, etc.
Terms/Sales:
L/C or as per
contracted.
Terms/Buying: L/C,
T/T, etc.
FINANCIAL INFORMATION
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of
HK$1.00 each)
Issued Share Capital: HK$10,000.00
Profit or Loss: Making a small loss in 2010.
Condition: Business
is under development.
Facilities: Making
fairly active use of general banking facilities.
Payment:
Met trade
commitments as required.
Commercial Morality: Satisfactory.
Banker:
The Hongkong
& Shanghai Banking Corp. Ltd., Hong Kong.
Standing:
Small.
GENERAL
Having issued 10,000 ordinary shares of HK$1.00 each, Belleza Ltd. is
wholly owned by Mr. Yan Jau Jong. He and
Ms. Yan Limei are the directors of the subject.
The subject is a jewellery product manufacturer and trader. It is able to offer customers with a wide
range of quality and stylish products.
The significant products of the subject are the followings: bracelets,
brooches, earrings, necklaces, rings, pendants, diamond necklaces, precious
stone bracelets, onyx diamond cufflinks, etc.
Most of the products are exported to North America.
The subject has had an affiliated factory in China.
In order to penetrate the international market further, the subject has
taken part in fairs and exhibitions held in Hong Kong and other foreign large
cities. For instance, it took part in
“HKTDC Hong Kong International Jewellery Show 2011” which had been held in
Wanchai, Hong Kong during 5th to 9th March, 2011.
It is also going to take part in Hong Kong International Jewellery Show
which will be held during the period of 16th to 20th February, 2012.
The subject’s business is chiefly handled by the two directors as both
of whom belong to the Yan family.
The history of the subject in Hong Kong is just over two years and nine
months.
On the whole, since the history of the subject is short in Hong Kong,
consider it good for normal business engagements on L/C basis.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.41 |
|
|
1 |
Rs.72.70 |
|
Euro |
1 |
Rs.63.55 |
RATING EXPLANATIONS
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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 |
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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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
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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NB |
New Business |
-- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.