MIRA INFORM REPORT
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Report Date : |
18.04.2012 |
IDENTIFICATION DETAILS
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Name : |
SHENZHEN T IMAGE INDUSTRIES CO., LTD. |
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Registered Office : |
Room 3814-3815, Tower C, Huangdu Mansion,
Yitian Road, Futian District, Shenzhen,
Guangdong Province 518017 Pr |
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Country : |
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Date of Incorporation : |
10.06.2010 |
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Com. Reg. No.: |
440301104737073 |
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Legal Form : |
One-Person Limited
Liability Company |
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Line of Business : |
selling indoor and outdoor decorations |
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No. of Employees
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03 |
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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Maximum Credit Limit : |
USD 1,000 |
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Status : |
Small Company |
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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, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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China |
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 & address
shenzhen t image industries co., ltd.
room 3814-3815, tower
c, huangdu mansion, yitian road
futian district,
shenzhen, guangdong province 518017 PR CHINA
TEL: 86 (0)
755-83037200
FAX: 86 (0)
755-83037081
EXECUTIVE SUMMARY
Date of Registration : june 10, 2010
REGISTRATION NO. : 440301104737073
LEGAL FORM : One-person Limited Liability Company
REGISTERED CAPITAL :
cny 1,000,000
staff : 3
BUSINESS CATEGORY :
trading
Revenue : N/A
EQUITIES :
N/A
WEBSITE : www.t-imagedesign.com
E-MAIL :
tianyi@t-imagedesign.com
PAYMENT : AVERAGE
Recommended Credit Limit: UP TO USD
1,000
MARKET CONDITION : FAIR
FINANCIAL CONDITION :
n/a
OPERATIONAL TREND :
ORDINARY
GENERAL REPUTATION : AVERAGE
EXCHANGE RATE : CNY 6.30 = USD 1
Adopted abbreviations
(As Follows)
SC - Subject Company
(the company inquired by you)
N/A – Not available
CNY – China Yuan Ren
Min Bi
OPERATIONAL TREND & GENERAL
REPUTATION
This section aims at indicating the relative positions of SC in respect
of its operational trend & general reputation
Operational Trend:- General
Reputation:-
Upward Excellent
Steady Good
Fairly Steady Fairly
Good
Ordinary Average
Fair Fair
Stagnant Detrimental
Downward Not
known
Not known Not
yet be determined
Not yet be determined
LEGAL STATUS & HISTORY
SC was
established as one-person limited liability company of PRC with State
Administration of Industry & Commerce (SAIC) under registration No.: 440301104737073 on June 10,
2010.
SC’s Organization Code Certificate
No.: 55716469-4
SC’s registered capital: cny 1,000,000
SC’s paid-in capital: cny 1,000,000
Registration Change Record:
|
Date |
Change of
Contents |
Before the
change |
After the change |
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Registered capital |
CNY 200,000 |
cny 1,000,000 |
Current Co search indicates SC’s shareholders & chief executives
are as follows:-
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Name of Shareholder (s) |
% of Shareholding |
|
Liu Li |
100 |
SC’s Chief Executives:-
|
Position |
Name |
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Legal Representative,
Chairman, and General Manager |
Liu Li |
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Supervisor |
Feng Zheying |
RECENT DEVELOPMENT
No recent development was found during our checks at present.
SHAREHOLDER CHART &
BACKGROUND
Name %
of Shareholding
Liu Li 100
MANAGEMENT
Liu Li, Legal Representative, Chairman and General Manager
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Ø
Gender: F
Ø
Qualification:
University
Ø
Working
experience (s):
From 2010 to present, working in SC as legal representative,
chairman and general manager
Feng Zheying, Supervisor
---------------------------------------------
Ø
Gender: M
Ø
Qualification:
University
BUSINESS OPERATION
***Note: SC started
its normal operation in 2011.
SC’s registered business scope includes indoor
and outdoor decorative design, environmental art and design, designing and
selling handicrafts, wooden products, furniture, lamps, fabric, carpets,
ceramics, glass (excluding the products previlaged, prohibited or franchised); information consulting.
SC is
mainly engaged in selling indoor and outdoor decorations.
SC’s
products mainly include: handicrafts, wooden
products, furniture, lamps, fabric, carpets, ceramics, glass, etc.
SC sources its materials 80% from domestic
market, and 20% from overseas market. SC sells 100% of its products in domestic
market, mainly Guangdong, etc.
The
buying terms of SC include T/T, L/C and Credit of 30-60 days. The payment terms
of SC include T/T, L/C and Credit of 30-60 days.
*Major Customers:
==============
Dongguan Royal
Garden Hotel Dream Theater
Grand Mercure
Shanghai Zhongya
Staff & Office:
--------------------------
SC is
known to have approx. 3
staff at present.
SC rents an area
as its operating office, but the detailed information is unknown.
RELATED COMPANY
n
T-Image
(Hk) Design & Engineering Co., Limited
------------------------------------------------------------
Date of Registration: July 30, 2010
Registration No.: 1487560
Legal Form: Private
n
T-Image
(Hong Kong) Furnishing Design Co., Limited
-------------------------------------------------------------------
Date of Registration: May 14, 2010
Registration No.: 1456362
Legal Form: Private
PAYMENT
Overall payment appraisal:
( ) Excellent ( ) Good (X) Average ( ) Fair ( ) Poor ( ) Not yet be determined
The appraisal serves as a reference to reveal SC's payments habits and
ability to pay. It is based on the 3
weighed factors: Trade payment experience (through current enquiry with SC's
suppliers), our delinquent payment and our debt collection record concerning
SC.
Trade payment experience: SC did not
provide any name of trade/service suppliers and we have no other sources to
conduct the enquiry at present.
Delinquent payment record: None in our
database.
Debt collection record: No overdue amount
owed by SC was placed to us for collection within the last 6 years.
BANKING
The bank
information of SC is not filed in SAIC.
FINANCIALS
SC started its normal operation in 2011, and its financials are not filed
in local SAIC at present.
CONCLUSIONS
SC is considered small-sized in its line with a
short business history. A credit line at the above
amount appears beyond SC’s capacities, while a credit line up to USD 1,000 is
recommended.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.51.62 |
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UK Pound |
1 |
Rs.81.94 |
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Euro |
1 |
Rs.67.65 |
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.