MIRA INFORM REPORT

 

 

Report Date :           

19.09.2011

 

IDENTIFICATION DETAILS

 

Name :

BROS MACAO COMMERCIAL OFFSHORE LTD

 

 

Registered Office :

Rm 508, 5fl Aia Tower 251a-301 Avenida Comercial De

 

 

Country :

Macau

 

 

Date of Incorporation :

03.08.2004

 

 

Com. Reg. No.:

SO19480

 

 

Legal Form :

Private Company With Limited Liability

 

 

Line of Business :

Business Development

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Small Company 

 

 

Payment Behaviour :

Usually Correct 

 

 

Litigation :

-----

 


 

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)

Macau

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


company name & address 

 

BROS MACAO COMMERCIAL OFFSHORE LTD

RM 508, 5FL AIA TOWER 251A-301 AVENIDA COMERCIAL DE, MACAU

TEL: 853-28789180   FAX: N/A

 

 

EXECUTIVE SUMMARY

 

INCORPORATION DATE                        : AUG 3, 2004

REGISTRATION NO.                  : SO19480

LEGAL FORM                           : PRIVATE COMPANY WITH LIMITED LIABILITY

CHIEF EXECUTIVE                    : MR. RUI-BO WANG (DIRECTOR)

STAFF STRENGTH                    : 4

AUTHORIZED CAPITAL              : MOP 100,000

BUSINESS LINE                                    : SERVICE

TURNOVER                              : N/A (AS OF DEC. 31, 2009)

EQUITIES                                 : N/A (AS OF DEC. 31, 2009)

PAYMENT                                : FAIR

RECOMM. CREDIT RANGE       : SMALL AMOUNT

MARKET CONDITION                : AVERAGE

FINANCIAL CONDITION                         : N/A

OPERATIONAL TREND              : FAIRLY STEADY

GENERAL REPUTATION                       : AVERAGE

EXCHANGE RATE                     : MOP 8.0295US$1

 

 

Adopted abbreviations

 

ANS - amount not stated           

NS - not stated 

SC - subject company (the company inquired by you)

NA - not available          

M - million        

MOP- Macau Patacas

 

 

 


Rounded Rectangle: HISTORY

 

 

 


Name in Local Language : 百隆澳門離岸商業服務有限公司

 

Trading Name / DBA: BROS COMERCIAL OFFSHORE DE MACAU LTDA

 

*CAPITAL (Currency: MOP - Macau Patacas)

==================================

Authorized Capital : 100,000

 

*OFFICE & FACILITIES* 

====================

Name : BROS MACAO COMMERCIAL OFFSHORE LTD - MACAU

Building Size : 800 Square feet

Address : Rm 508, 5Fl AIA Tower 251A-301 Avenida Comercial de, Macau

Country : Macao

Status : Operational

 

*REPUTATION*

=============

Reference checking for the purpose of establishing the BROS MACAO COMMERCIAL OFFSHORE LTD's reputation within the respective industry failed to reveal any adverse information. 

 

Rounded Rectangle: WEB SITE 

 

 


SC is not known to host website of its own at present.

 

 

Rounded Rectangle: LITIGATION 

 

 


For the past two years there is no record of litigation.

 

 

Rounded Rectangle: OWNERSHIP/MANAGEMENT BACKGROUND 

 

 


*Major Shareholders*

================

Total number of shareholders: 1

Total number of shares: N/A

 

Shareholders                                                     Country             %

BROS EASTERN INVESTMENT CO LTD             Hong Kong        100.00 

 

 

 

 

Rounded Rectangle: MANAGEMENT 

 

 


*COMPANY DIRECTORS* 

=====================

1    

Name : Mr. Rui-bo Wang

Nationality : Macanese

 

2    

Name : Mr. Wai-kwok Yeung

Nationality : Macanese

 

 

Rounded Rectangle: BUSINESS OPERATIONS 

 

 


*CORE BUSINESS DESCRIPTION* 

===========================

Core Business

------------------

The primary business focus of BROS MACAO COMMERCIAL OFFSHORE LTD is:

·Business development

 

*Primary Products*

==============

Activity Products / Materials / Services Description

----------- -----------------------------------------------------

Service              Business development 

Service              Business research 

Service              Consultancy 

Service              Documentary 

Service              Intermediary services 

 

 

Rounded Rectangle: RELATED COMPANIES 

 

 


Direct Parent : BROS EASTERN INVESTMENT CO LTD

Country : Hong Kong

 

 

 

 

 

 

 

 

 

 

Rounded Rectangle: PAYMENT HISTORY 

 

 


PAYMENT RATING       : 4                OBTAINED SCORES         : 45

Rating Key

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.

 

Dealings on open terms may be possible for SMALL amounts depending on individual judgement experience.

 

 

Rounded Rectangle: FINANCIAL HIGHLIGHTS 

 

 


Based on the corporate laws of Macao, legal entities which are Private Company with Limited Liability are not required to make public disclosure of their annual financials. Therefore no financials are available for this entity.

 

 

Rounded Rectangle: REMARKS 

 

 


SC is considered small-sized in its line with an acceptable base to come into credit dealings of small amount.

 

 

Attached: trade references

 




SIC PRODUCT CLASSIFICATION & ACTIVITY 

Activity             Code    Product/Service Description

Service              8748     Business Consulting Svcs, NEC

Service              7389     Business Svcs, NEC

Service              8742     Mgt Consulting Svcs

 

HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY 

Activity             Code    Product/Service Description

Service              9878     Business development/consulting

Service              9900     Business services, health, financial/insur. legal/real estate, hotels, and misc

repairs

Service              9875     Management consulting services

 

DETAILED PRODUCT CLASSIFICATION & ACTIVITY 

Activity             Ranking           Products / Materials / Services Description

Service Primary             Overseas selling 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.47.47

UK Pound

1

Rs.74.96

Euro

1

Rs.65.79

 

 

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

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

----

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%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.