MIRA INFORM REPORT
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Report Date : |
25.11.2011 |
IDENTIFICATION DETAILS
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Name : |
PEAK
LEADER ENTERPRISES LTD. |
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Registered Office : |
Room 504, 5/F., Elite Industrial Centre, 883 Cheung Sha Wan Road, Cheung Sha Wan, Kowloon |
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Country : |
Hong Kong |
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Date of Incorporation : |
01.05.1984 |
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Com. Reg. No.: |
09021687 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacturer, Importer and Exporter of all kinds of tapes, ribbons, etc. |
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No. of Employees
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50 Persons (Including associate) |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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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 – September 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Hong Kong |
a2 |
a2 |
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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
PEAK LEADER
ENTERPRISES LTD.
Company ADDRESS
Room 504, 5/F., Elite Industrial Centre, 883 Cheung Sha Wan Road, Cheung Sha Wan, Kowloon, Hong Kong.
PHONE: 2322 8888
FAX: 2310 4482
MANAGEMENT
Managing Director: Mr. Ko Yat Fung, Tony
SUMMARY
Incorporated on: 1st May, 1984.
Organization: Private Limited Company.
Capital: Nominal: HK$200,000.00
Issued: HK$200,000.00
Business Category: Manufacturer, Importer and Exporter.
Employees: 50. (Including associate)
Main Dealing Banker: The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.
Banking Relation: Satisfactory.
Company ADDRESS
Registered Head
Office:-
Room 504, 5/F., Elite Industrial Centre, 883 Cheung Sha Wan Road, Cheung Sha Wan, Kowloon, Hong Kong.
China Associated
Factory:-
Wilson Dyeing & Weaving (Huadu District) Co. Ltd., China.
Associated
Company:-
Wilson Garment Accessories (International) Ltd., Hong Kong. (Same address)
BUSINESS REGISTRATION NUMBER
09021687
COMPANY FILE NUMBER
0136265
MANAGEMENT
Managing Director: Mr. Ko Yat Fung, Tony
Contact Person: Ms. Mabel Chan
CAPITAL
Nominal Share Capital: HK$200,000.00 (Divided into 200,000 shares of HK$1.00 each)
Issued Share Capital: HK$200,000.00
SHAREHOLDERS
(As per registry
dated 01-05-2011)
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Name |
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No. of shares |
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KO Yat Fung |
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164,000 |
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KO Wan Ping |
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24,000 |
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KO Wan Har |
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12,000 |
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––––––– |
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Total: |
200,000 ====== |
DIRECTORS
(As per registry dated
05-09-2011)
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Name (Nationality) |
Address |
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KO Yat Fung |
Room 504, 5/F., Elite Industrial Centre, 883 Cheung Sha Wan Road, Kowloon, Hong Kong. |
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KO Wan Har |
Room 504, 5/F., Elite Industrial Centre, 883 Cheung Sha Wan Road, Kowloon, Hong Kong. |
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KO Wan Ping |
Room 504, 5/F., Elite Industrial Centre, 883 Cheung Sha Wan Road, Kowloon, Hong Kong. |
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TING Ho Hang |
Room 504, 5/F., Elite Industrial Centre, 883 Cheung Sha Wan Road, Kowloon, Hong Kong. |
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KO Tsz Yeung, Nelson |
Room 504, 5/F., Elite Industrial Centre, 883 Cheung Sha Wan Road, Kowloon, Hong Kong. |
SECRETARY
(As per registry
dated 01-05-2011)
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Name |
Address |
Co.
No. |
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Winsome Rich Secretarial Service Ltd. |
Room 1012, 10/F., Wealth Commercial Centre, 48 Kwong Wa Street, Mongkok, Kowloon, Hong Kong. |
0403915 |
HISTORY
The subject was incorporated on 1st May, 1984 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: Manufacturer, Importer and Exporter.
Lines: All kinds of tapes, ribbons, etc.
Employees: 50. (Including associate)
Materials/Commodities: Imports raw materials from European countries, some of the Asian countries and finished
products from China.
Markets: China, Taiwan, Japan, South Korea, India, Southeast Asia, Western Europe, North
America, etc.
Terms/Sales: L/C, T/T, etc.
Terms/Buying: L/C, D/P, O/A, etc.
FINANCIAL INFORMATION
Nominal Share Capital: HK$200,000.00 (Divided into 200,000 shares of HK$1.00 each)
Issued Share Capital: HK$200,000.00
Profit or Loss: Making a small profit every year.
Condition: Keeping in a satisfactory manner.
Facilities: Making 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: Good.
GENERAL
Having issued 200,000 ordinary shares of HK$1.00 each, Peak Leader Enterprises Ltd. is jointly owned by Ms. Ko Wan Har, holding 82% interests; Ms. Ko Wan Ping, holding 12%; and Mr. Ko Yat Fung, 6%.
The subject has had an associated company Wilson Garment Accessories (International) Ltd. [Wilson] located at its operating address.
The subject and Wilson are engaged in the same lines of business, more or less. Wilson is also managed and owned by the Ko family.
Wilson was established in 1981. It is specialized in the dyeing of garment tapes and cords. It has had offices located in Hong Kong, Shanghai, Dongguan, New York and sales groups based in Singapore, Sri Lanka, India and South Korea.
The subject is trading in the following commodities:-
· Belt – Textile (OEM)
· Ribbon (Woven-Edge)(Including polyester, nylon, OEM)
· Cordage
· Twine and String (Cotton/synthetic cords, OEM)
· Tape – Textile (including Bias) (Including fast colour cotton twill, OEM)
· Braid and Webbing (including Elastic Webbing) (OEM)
· Woven Label (OEM)
· Hang Tag and Printed Label For Garment (Printed label, OEM)
Products are exported to Japan, South Korea, North America, Southeast Asia, Taiwan, India, Other Asian Countries, Western Europe, etc.
Wilson has had an associated factory in Huadu District, Guangzhou City, Guangdong Province, China known as Wilson Dyeing & Weaving (Huadu District) Co. Ltd. [Wilson D&W].
Wilson D&W is one of the factories of Wilson. It is a 60,000 sq.m. factory plant with technical staff and dyeing experts up to 2,000 members. In order to provide tailored products and services to fit customer needs, Wilson has made investments in advanced machinery and facilities to meet the ever changing market. Its constantly developing products include knitted and woven tapes, cords, elastic webbings, bungee cords, jacquard tapes, laces, printed tapes, ribbons, 3M reflective tapes, shoelaces, labels and belts. All these products can be made in OEM terms.
Wilson now has developed a wide range of customers over the past years and keeps on serving the top apparel brands around the world.
The subject’s business is active. History in Hong Kong is over twenty-seven years and six months. Contact person in Hong Kong is Ms. Mabel Chan who is a Hongkongnese. The business of the subject is active.
On the whole, consider the subject good for normal business engagements.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.52.25 |
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UK Pound |
1 |
Rs.81.23 |
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Euro |
1 |
Rs.69.83 |
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 |
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 |
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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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.