MIRA
INFORM REPORT
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Report Date : |
07.08.2012 |
IDENTIFICATION DETAILS
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Name : |
THE PECKING LAMP COMPANY |
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Registered Office : |
198c, Antique Furniture Street,
Gaobeidian, Chaoyang District, Beijing 100022 Pr |
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Country : |
China |
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Date of Incorporation : |
19.10.2009 |
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Com. Reg. No.: |
110105012338049 |
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Legal Form : |
One-person Limited Liabilities Company |
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Line of Business : |
Subject is engaged in exporting lamps |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Business License Revoked |
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Payment Behaviour : |
--- |
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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, 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
The Pecking Lamp Company
198C, ANTIQUE FURNITURE STREET, GAOBEIDIAN
CHAOYANG DISTRICT, BEIJING 100022 PR CHINA
TEL: 86 (0) 13261852881
FAX: N/A
ALERT REPORT!!!
This refers to a type of report whose format is different from that of a
standard report. Such type of report is provided when:
l
Information obtained is insufficient for compiling
a standard report.
l
The enquired co has been out of business or its
business address has been untraceable.
It should be noted that the time and manpower spent on preparing such
type of report might be greater than those on a standard report. On many
occasions, the information in this type of report still indicates the current
status of the enquired co. and serves as a useful reference to assess its
credit standing.
------------------------------------------
Adopted abbreviations (as follows)
SC - Subject Company
(the company inquired by you)
N/A – Not available
CNY – China Yuan Ren
Min Bi
CHECK ON SC’S REGISTERED TELEPHONE LINE
²
According
to the given name, we found the following mobile phone number,
Tel: 86 (0)
13261852881
When we dialed the above mobile phone number, a gentleman Mr. Charles Qiao answered the phone. He admitted the given English name, and told us SC’s Chinese name in translation is “北京瓷韵灯具有限公司”, which is registered in Beijing, PR China.
²
Mr. Charles Qiao
introduced the below information,
SC is mainly engaged in exporting lamps.
A.
The products mainly include: table
lamps.
B.
SC sources its materials 100% from domestic market,
mainly Beijing. SC sells 100% to overseas market, mainly Southeast Asia, etc.
C.
SC’s website: www.thepekinglampscompany.com
E-mail:
lamps@thepekinglampscompany.com
SPOT VISIT
1608, Antique
Furniture St., Gaobeidian, Chaoyang District Beijing
According to Mr. Charles Qiao, the given house number (1608) is the
temporary one, and the current house number is (
SC’s address should be the following one,
REGISTRATION
According to the Chinese name Mr. Charles Qiao released, a research was conducted with Beijing Administration of Industry & Commerce (the official body of issuing and renewing business license), and we found the following information,
***SC’s business
license was revoked on December 12, 2011.
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Company Name: The Pecking Lamp Company
Registration No.: 110105012338049
Date of Registration: October 19, 2009
Legal Form: One-person Limited Liabilities Company
Registered Capital: CNY 100,000
Legal Representative: Charles Qiao
Shareholder (% of Shareholding)
Qiao Ruitong 100%
CONCLUSIONS
SC’s business license was revoked on December 12, 2011. Given the
circumstances, caution is advised related to dealings with persons claiming to
represent such an entity.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.47 |
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UK Pound |
1 |
Rs.86.60 |
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Euro |
1 |
Rs.68.66 |
INFORMATION DETAILS
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Report Prepared
by : |
MNL |
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.