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Report Date : |
19.06.2012 |
IDENTIFICATION DETAILS
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Name : |
BQ SMART SYSTEM (HK) CO., LIMITED |
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Registered Office : |
4/F Building 6#, The 2nd Industrial Zone Zhugushi, Wulian
Longgang District, Shenzhen, Guangdong Province 518115 Pr |
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Country : |
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Date of Incorporation : |
27.06.2007 |
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Legal Form : |
Private |
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Line of Business : |
Exporting Security and Safety Products |
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No. of Employees : |
Not Available |
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 : |
Registered in |
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Payment Behaviour : |
Unknown |
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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
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
A2 |
A2 |
|
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 |
BQ SMART SYSTEM (HK) CO., LIMITED
4/F BUILDING 6#, THE 2ND INDUSTRIAL ZONE ZHUGUSHI, WULIAN
LONGGANG DISTRICT, SHENZHEN, GUANGDONG PROVINCE 518115 PR CHINA
TEL: 86 (0) 755-28995421
FAX: 86 (0) 755-28995415
NARRATIVE 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
²
The given
telephone/fax numbers are as follows,
Tel: 86 (0)
755-28995421
Fax: 86 (0)
755-28995415
When we dialed the above telephone number, a lady answered the phone.
She admitted the given English name, and told us SC is registered in Hong Kong,
and its Chinese name in translation is “百全智能系统（香港）有限公司”, SC is mainly
operates in Shenzhen, Guangdong Province PR China.
²
The lady
introduced the below information,
A.
SC is mainly engaged in exporting security and
safety products.
B.
The products mainly include: IC card lock, magnetic
stripe lock, RFID card lock, biometric fingerprint lock, Access control system
and Hotel intelligent management system.
C.
SC sources its materials 100% from domestic market,
mainly Guangdong. SC sells 100% to overseas market, mainly U.S.A. and Southeast
Asia.
D.
SC’s major clients include Achieving Universal
Brotherhood LLC., etc.
4/F Building 6#,
The 2nd Industrial Zone Zhugushi, Wulian, Longgang District, Shenzhen,
Guangdong Province 518115 PR China
According to the lady, SC locates in the heading address at present.
During our check with Hong Kong Registry, we found the
following registration about SC,
Company Name: BQ Smart System (HK) Co., Limited
Company File No.: 1144654
Date of Registration: June 27, 2007
Legal Form: Private
Status: Live
Registration
Change Record:-
|
Date |
Change of Contents |
Before the change |
After the change |
|
|
Company Name |
Kaka International (Hong Kong) Limited |
BQ
Smart System (HK) Co., Limited |
SC is considered small-sized in its line with 5 years business history. Credit
dealings with SC should be confined into small amount at present.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.59 |
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|
1 |
Rs.87.34 |
|
Euro |
1 |
Rs.70.66 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
RATING EXPLANATIONS
|
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 |
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.