MIRA
INFORM REPORT
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Report Date : |
24.05.2012 |
IDENTIFICATION DETAILS
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Correct Name : |
SHENZHEN CAPTAIN FREIGHT MANAGEMENT CO., LTD |
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Registered Office : |
Room 3113, Block 2, Nanguang City Garden, Chuangye Road,
Nanshan District, Shenzhen ,Guangdong Province 518000 Pr |
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Country : |
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Date of Incorporation : |
02.08.2010 |
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Com. Reg. No.: |
440301104848286 |
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Legal Form : |
Limited Liabilities Company |
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Line of Business : |
International
Freight Forwarding |
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No. of Employees : |
10 |
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 20,000 |
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Status : |
Moderate |
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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
CAPTAIN FREIGHT MANAGEMENT CO., LTD.
ROOM 3113, BLOCK 2,
NANGUANG CITY GARDEN, CHUANGYE ROAD, NANSHAN DISTRICT, SHENZHEN ,GUANGDONG
PROVINCE 518000 PR CHINA
TEL: 86 (0) 755-86586119 FAX:
86 (0) 755-86586229
EXECUTIVE SUMMARY
INCORPORATION DATE : AUG. 2, 2010
REGISTRATION NO. : 440301104848286
REGISTERED LEGAL FORM : LIMITED
LIABILITIES CO.
STAFF STRENGTH : 10
REGISTERED CAPITAL :
CNY 5,000,000
BUSINESS LINE : LOGISTICS
TURNOVER : N/A
EQUITIES : N/A
PAYMENT : AVERAGE
RECOMM. CREDIT RANGE : UP TO USD 20,000
MARKET CONDITION : AVERAGE
FINANCIAL CONDITION
: N/A
OPERATIONAL TREND : FAIRLY STEADY
GENERAL REPUTATION : AVERAGE
EXCHANGE RATE :
CNY
6.32 =USD 1
Adopted
abbreviations:
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
CNY - China Yuan Renminbi
Note: The given company “Captain Industrial (H.K.) Co., Ltd.” registered in Hong Kong is SC’s related company; SC’s complete contact numbers should be the heading ones.
SC was registered as a Limited liabilities co. at local
Administration for Industry & Commerce (AIC - The official body of issuing
and renewing business license) on Aug. 2, 2010.
Company
Status: Limited liabilities co. This form of business in PR China is
defined as a legal person. No more than fifty shareholders contribute its registered
capital jointly. Shareholders bear limited liability to the extent of
shareholding, and the co. is liable for its debts only to extent of its
total assets. The characteristics of this form of co. are as follows: Upon the establishment of the co., an
investment certificate is issued to the each of shareholders. The board of directors is comprised of
three to thirteen members. The minimum registered capital for a
co. is CNY 30,000. Shareholders may take their capital
contributions in cash or by means of tangible assets or intangible assets
such as industrial property and non-patented technology. Cash contributed by all shareholders
must account for at least 30% of the registered capital. Existing shareholders have
pre-exemption right to purchase shares of the co. offered for sale by the
other shareholders and to subscribe for the newly increased registered
capital of the co.
SC’s registered business scope includes international
freight forwarding; economic information consulting; enterprise management; domestic
trade; import and export business (with permit if needed).
SC is mainly
engaged in international freight forwarding.
Ms.
Dou Guirong is the legal representative, chairman and general manager of SC at
present.
SC is
known to have approx. 10 employees at present.
SC is currently operating at the above stated address, and this address
houses its operating office in the commercial zone of Shenzhen. The detailed premise information is unspecific.
http://www.captaincn.com/ The design is professional and the content is
well organized. At present the web site is in Chinese and English versions.
Email: dylan@captaincn.com
No significant events or changes were found during our checks with the
local Administration for Industry and Commerce.
MAIN SHAREHOLDERS:
Name %
of Shareholding
Zhang Jinggang 30
Dou Guirong 40
Liu Xiantong 30
Legal
Representative, Chairman and General Manager:
Ms. Dou Guirong is currently responsible for
the overall management of SC.
Working Experience(s):
At present Working in SC as legal representative, chairman and general manager.
Supervisor:
Liu Xiantong
SC is mainly engaged in international freight forwarding.
SC’s services mainly include: sea-transportation,
air-transportation, etc.
The buying terms of SC include
Check, T/T, L/C, and Credit of 30-60 days. The payment terms of SC include T/T,
L/C, Check and Credit of 30-60 days.
Note:
SC declined to release its major suppliers and clients.
Captain
Industrial (HK) Co., Limited
Registration
No. : 1611864
Establishment
Date: Jun. 3, 2011
Legal
Form: Private
Overall payment appraisal:
( ) Excellent (
) Good (X) Average ( )
Fair ( ) Poor
( ) Not yet 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.
The banking
information of SC is unknown.
SC’s management declined to release any financial information.
Investigations were made with the local AIC, but the financial records
were not available.
SC is considered small-sized in its line with a development history of 2
years. The given credit amount would appear to be beyond SC’s capacities, while
a credit line up to USD 20,000 is recommended.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.93 |
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UK Pound |
1 |
Rs.88.15. |
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Euro |
1 |
Rs.70.88 |
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.