MIRA
INFORM REPORT
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Report Date : |
27.02.2012 |
IDENTIFICATION DETAILS
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Name : |
KERRYWIN
INTERNATIONAL TRADING COMPANY LIMITED |
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Registered Office : |
6-3-501, Huayang Nianhua, No. 150, Xiangjiang Avenue,
Shijiazhuang, Hebei Province, 050035 Pr |
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Country : |
China |
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Date of Incorporation : |
10.09.2008 |
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Com. Reg. No.: |
1271713 |
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Legal Form : |
Private Company |
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Line of Business : |
Mainly Engaged in Selling Chemical
Products |
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No. of Employees : |
7 |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Not Registered in China |
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Payment Behaviour : |
Unknown |
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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 – September 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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 and address
KERRYWIN
INTERNATIONAL TRADING COMPANY LIMITED
SHIJIAZHUANG, HEBEI
PROVINCE, 050035 PR CHINA
TEL: 86 (0)
311-85905958 FAX: 86 (0) 311-85905958
The telephone & fax number client given are 86-311-85905958.
We dialed the number and one lady answered the phone. From the lady we
knew the following information of SC:
SC is registered in Hong Kong with the Chinese name 凯宁国际贸易有限公司.
All of its business is operating in Shijiazhuang, mainland China.
SC is mainly engaged in selling chemical
products.
SC is known to
have approx. 7 employees at present.
The address client given is:
No. 13, Changjiang Ave., Shijiazhuang, Hebei 050035 China
According to the above lady, the given address was SC’s former address,
and SC’s current operating address should be the heading one.
According
to the Chinese name released by the lady, careful investigations were made with
Shijiazhuang Municipal and Hebei Provincial Administration for Industry and
Commerce (AIC - The official body of issuing and renewing business license), but no record was found.
In HK Company Registry,
we found the following registration information on SC:
Kerrywin International Trading Company Limited
----------------------------------------------------------------
Registration
no.: 1271713
Registered
legal form: private
Incorporation
date:
According to the lady, SC is mainly engaged
in selling chemical products, and SC sources its materials 100% from domestic
market and sells 10% of its products in domestic market, and 90% to overseas
market.
Business Information from SC’s website http://www.kerrywin.com:
================================================
SC’s products mainly include:
Food Nutrition
Animal Nutrition
Industrial Nutrition
Pharma Nutrition
Medicine and Chemical Equipment
Health and Personal Care Nutrition
Agriculture Machinery & Equipment
Agriculture Fertilizer and Biocides
E-mail: sales@kerrywin.com
SC was established on Sep. 10,
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.06 |
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|
1 |
Rs.77.19 |
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Euro |
1 |
Rs.65.57 |
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.