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Delivery Date: Aug 30, 2023

Subscriber No: 980174800
Inquiry Name: UNITED SHIPPING AND LOGISTICS LIMITED
Enhanced Report Ticket Key: 202308239809800696
Subscriber Name: KRISHNA HK
LIMITED Attention: HK980-1748-
MARK WIN
Address: 45-51 CHATHAM ROAD SOUTH, TSIM SHA TSUI

UNITED SHIPPING AND LOGISTICS LIMITED

ACTIVE SINGLE LOCATION

Address: RM 302,3/F, CHEVALIER HSE, 45-51 CHATHMA RD S, TSIM SHA TSUI, KOWLOON, HONG KONG SAR
DUNS: 98-912-2292

IDENTIFICATION & SUMMARY

IDENTIFICATION

DUNS: Legal Status: URL:

98-912-2292 Private Limited Company unitedshippinghk.com

BRC No: Registered: E-Mail:

75515672-000 2023 unitedshippingltd@yahoo.com

Incorporation No: Started:

3298845 2023

SUMMARY

Line of Business: Chief Executive(s):

PROV OF SHIPPING & LOGISTICS LAM, KWOK KIT

SERVICES; FRIGHT FORWARDER DIRECTOR

SIC: Import:

4491-9900 YES
4731-0000
Export:

YES

Currency

All monetary amounts shown in HONG KONG DOLLARS unless otherwise stated.

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Street Address
CHEVALIER HSE
45-51 CHATHMA RD S
TSIM SHA TSUI
KOWLOON, HONG KONG
SAR

RISK EVALUATION SUMMARY

D&B Rating: HH2 Court: NO

Previous Rating: N/A Reg Charge: NO

D&B Risk Predictor: 6.9 Paid Up Capital: 10,000

Sales: USD 80,000,000(EST)

Employee Size 521

Year in Business 0

Number in Principals 1

RISK ASSESSMENT

Risk Assessment as of AUG 30, 2023

Risk Indicator

Risk Level of the Company is : GOOD

2
Low Risk (1) High Risk (4)

D&B Rating Previous Rating

Financial Strength Risk Indicator Financial Strength Risk Indicator

HH 2 N/A N/A
Based on capital Good (Low Risk)

The Dun & Bradstreet Rating of HH2 indicates:

Financial Strength of HK$ 0 to HK$ 199,999 (Based on capital).

A Risk Indicator which is Good (Low Risk).

EXECUTIVE SUMMARY

The Risk Predictor for the company is 6.90 which indicates below average risk. The likelihood of a company having

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financial distress over the next 12 months is 0.30%.

Company has been established for 0 year(s).
Nothing detrimental found against the company in D&B Hong Kong District Court, High Court and Gazette files
for the past five years.
No record found against the company in D&B Small Claim Tribunal files for the past five
years. Subject company occupies captioned premises.

D&B RISK PREDICTOR

D&B Risk Predictor as of AUG 30, 2023

Risk Predictor uses a statistically valid model derived from D&B database to predict the likelihood of a company
having financial distress over the next 12 months period.

D&B Risk Predictor for the Company

The Risk Predictor for this Company is 6.9.

6.9 It is indicating Below Average.

The Financial Stress Class for this company is 2.

Low Risk (10) High Risk (0.1)

Likelihood of financial distress over Risk Predictor Financial Stress Score Equivalent
the next 12 months based on 6.9 1474
Financial Stress Score (Highest Risk: 0.1; Lowest Risk: 10.0) (Highest Risk: 1001; Lowest Risk: 1890)
Below Average

Industry Median for the Industry

The Industry Median for this Industry is 5.3.

5.3 It is indicating Average.

Industry: Marine cargo handling.

Low Risk (10) High Risk (0.1)

Relative Risk Industry Median Based on

Average 5.3 227 firms
(Highest Risk: 0.1; Lowest Risk: 10.0)

KEY INFLUENCING FACTORS

No record of litigation is found against the subject in D&B database.

The subject's total Employee Size suggests lower risk of financial

stress.

Score Trend

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10

AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL
2022 2022 2022 2022 2022 2023 2023 2023 2023 2023 2023 2023

Score

Notes:-

1. The Risk Predictor indicates that this company shares some of the same business and financial characteristics
of other companies with this classification. It does not mean the firm will necessarily experience financial
distress.
2. Risk Predictors are updated the day new information enters the company's file.
3. Both Risk Predictors and Financial Stress Scores are derived from D&B's new Failure Scoring System. Each of
them cater di!erent needs in risk assessment.
4. The monthly score and median are recorded on the first day of each month.

Monitor this business for changes in Risk Predictor. If you have registered for D&B Monitoring Services click
here to email- cssales.hk@dnb.com (mailto:cssales.hk@dnb.com )to add this business to your monitoring list
by sending us an email. If you would like to find out more information click here- cssales.hk@dnb.com (mailto:
cssales.hk@dnb.com) to send an email to our Customer Service team or call us on 2561-6333.

FINANCIAL STRESS NORM

Financial Stress Norm as of AUG 30, 2023

The Risk Class and Financial Stress Percentile provide a norm for quick segmentation and comparisons in the
same demographic groups.

Subject Company

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Financial Stress Percentile : (Highest Risk: 1 ; Lowest

87 Risk: 100) : 87

Low Risk (100) High Risk (1)

Relative Risk Incidence of Failure Risk Class

Below average risk 0.30% 2
(Highest Risk: 5; Lowest Risk: 1)

Comparisons

Industry: Marine cargo handling

47 Subject Company has Lower risk than

other companies in the same industry.
Low Risk (100) High Risk (1)

Employee Size: 500-999 employees

96 Subject Company has Higher risk than other

companies in the same employee size range.

Low Risk (100) High Risk (1)

Year in Business: 0-1 years

55 Subject Company has Lower risk than

other companies in the years in business
range.
Low Risk (100) High Risk (1)

Notes:

1. The Financial Stress Class indicates that this company shares some of the same business and financial
characteristics of other companies with this classification. It does not mean the firm will necessarily experience
financial distress.
2. The Financial Stress Percentile reflects the relative ranking of a company among all score-able companies in
D&B database.
3. The Financial Stress Score o!ers a more precise measure of the level of risk than the Class and Percentile. It
is specially helpful to customers using a scorecard approach to determine overall business.
4. The Risk Predictor is a 0.1-10 score derived by the Financial Stress Score. It is specially designed for
customers currently using the Financial Stress Score and experiencing difficulties in migrating to FSS.
5. All Financial Stress Class, Percentile, Score and Incidence statistics are based on latest analysis derived from
D&B Hong Kong database.

PUBLIC RECORD INFORMATION

Public Record Information as of AUG 30, 2023

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A search of the Court File did not show any record of civil suit against the company from High Court, District Court, Small
Claim Tribunal, Labour Tribunal and Government Gazette for the past five years.

This corporate information is provided based on the information we have collected from public sources and
kept in our record within the last 5 years; and is for general information purpose only. In relation to such
information, we would like to remind you that we do not warrant its accuracy, completeness, correctness or
whether it is updated at any given time; and we shall disclaim all liabilities on any claims in relation to such
information or any part thereof.

CURRENT INVESTIGATION

On Aug 30, 2023, Mr. Lam, Kwok Kit, Director, submitted financial estimates and confirmed operational
and historical information in this report.
The financial estimates of subject was obtained by email.
Fiscal year end date of subject is 31 Mar.
Mr. Lam, Kwok Kit estimated the sales turnover of FY2023 was around USD80,000,000.
He projected that the sales turnover of FY2024 would be increased to USD106,000,000, due to the increase
of customer base and sales orders compared with FY2023.
As subject is a private limited company, it has no obligation to disclose its financial statement to a third
party. Subject has not changed its English company name since its establishment.

Estimates Amount

Sales USD 80,000,000 (Apr 01, 2022 - Mar 31, 2023)

Outlook

Projected Period Apr 01, 2023 to Mar 31, 2024

Approximately sales USD 106,000,000

BANKS

Banking relations are maintained principally with :

Bank Name

DAH SING BANK LIMITED

China CITIC Bank International Limited

FUBON BANK (HONG KONG) LIMITED

Banking Facilities Granted from the Bank(s):

Particulars

Deposit Level USD Low 7 Figures (As of Aug 30, 2023)

HISTORY

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This section was compiled after a company search from the Companies Registry on Aug 24, 2023 and
includes capital structure, shareholdings, registered charges and director details.

Legal Status: Private Limited Company

Date of Registration: Jul 14, 2023

Year Started: 2023

Incorporation No: 3298845

Business Registration No.: 75515672-000

Type of Shares No. of Shares

Ordinary Shares 10,000

Fully Paid Up Capital: 10,000 (as of Jul 14,

2023) Shares are shown to be held by:

Ordinary Shares

Name of Shareholder Location Shares Held Percent (%)

LAM, KWOK KIT Hong Kong SAR 10,000 100.00

10,000 100.00

Registered Address

Address RM 302 3/F CHEVALIER HSE

45-51 CHATHMA RD S

Tsim Sha Tsui, Kowloon

Hong Kong SAR

Company Secretary

Name Allstar Corporate Solutions Limited

Address RM 509 MEGA CUBE

8 WANG KWONG RD

Kowloon Bay, Kowloon

Hong Kong SAR

PRINCIPALS

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Details of director(s) are listed as follows:

Name: LAM, KWOK KIT

Chinese Name: 林國杰

Title: Director

OPERATIONS

Subject is engaged in:

Provision of Shipping and 60.00%

Logistics Services

Fright Forwarder 40.00%

Total 100.00%

Operations are non-seasonal.

Major Customer(s)

SALLAR IMP EXPORT, INDIA

APEX LOGISTICS AND INDENTING AGENT,INDIA

Major Supplier(s)

STAY INERNATIONAL, HK

Reportedly, subject maintains a showroom at the captioned address.

Reportedly, subject maintains 4,532 active suppliers.
Reportedly, "YIWU HUAYI INTERNATIONAL FRIGHT FORWARDING AGENT CO LTD, PR CHINA" is also one of subject's
major suppliers.
Reportedly, subject plans to increase its employee size this year.
YIWU HUAYI INTERNATIONAL FRIGHT FORWARDING AGENT CO LTD, PR CHINA.

Sales Territory

Local 20%

Other Markets (Country/Region) 80%

India 45%

Mainland China 15%

Singapore 10%

Asia Pacific 10%

Selling Terms

Advance

Types of Customers

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Freight Forwarders 20.00%

Manufacturers 20.00%

Wholesalers 20.00%

Trading Firms 20.00%

Service Companies 20.00%

Number of Customer Accounts: 5493

Purchase Territory - Merchandise

Local 30%

Other Markets (Country/Region) 70%

Mainland China 55%

Asia Pacific 15%

Purchasing Terms

Advance

Employees

Total 521

Location

Premises are located in a commercial area.

Subject occupies 350 square meters on the 3/F of a multi-storey building.

APPENDICES

The information in this report was last updated on Aug 30, 2023.

HEADER INDICATOR

Status Description

Active Registration is valid from official source.

Inactive Either deregistered, dissolved or in

voluntary/compulsory liquidation process.

Caution No registration is found from official source.

Single Location Individual Entity with no upper linkage.

Branch Branch Location.

Headquarters Headquarters or Entity with upper linkage.

D&B RATING GLOSSARY

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D&B Rating allows you to quickly assess a company's financial strength and credit appraisal to help determine its
credit- worthiness. The Dun & Bradstreet Rating is made up of two components: the Financial Strength and the
Composite Credit Appraisal.

FINANCIAL STRENGTH INDICATOR

Net Worth Capital From - (HK$) To - (HK$)

5A 5AA 300,000,000 And Above

4A 4AA 70,000,000 299,999,999

3A 3AA 10,000,000 69,999,999

2A 2AA 7,000,000 9,999,999

1A 1AA 6,000,000 6,999,999

A AA 5,000,000 5,999,999

B BB 4,000,000 4,999,999

C CC 3,000,000 3,999,999

D DD 2,000,000 2,999,999

E EE 1,000,000 1,999,999

F FF 500,000 999,999

G GG 200,000 499,999

H HH 0 199,999

Other Interpretation

N Financial Strength is
negative

O Financial Strength is
undisclosed

NB New Business: Less than 24

months

FB Foreign Branch

NQ Out of Business

Composite Credit Condition

Appraisal

1 Strong

2 Good

3 Fair

4 Poor

- Undetermined

RISK PREDICTOR SCORE METHODOLOGY

The Risk Predictor Score predicts the probability of business failure (i.e. going out of business) within the next 12

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months.
The Score is based on a scale of 0.1 to 10, where 0.1 represents the highest risk and 10 lower risk. It is
developed using advanced statistical techniques and available data from D&B's vast database.

Key Drivers in the Risk Predictor Score include the following:

Business Demographics Payment Information

Employee Size Trade Experience

Industry Slow Payment

Legal Structure Maximum High Credit

Business Age Paydex

Collection Amount

Financial Information Court Information

Net Worth High Court Records

Turnover District Court Records

Current Ratio

Debt Ratio

Profit Margin

INTERPRETATION OF PAYMENT EXPERIENCE

Terminology Definition

Date The date of the paying record as of.

Paying Record To indicate how promptness is the payment made.

High Credit The highest outstanding amount in D&B Payment

Database that is due to the same suppliers in the past
12 months.

Now Owes The total outstanding amount due to a specific supplier as of the payment re

Past Due The total outstanding payment not made as of the

scheduled credit period and indicates slow

Term The credit term and days agreed by specific supplier.

payment.
Last Sale Day The date at which the latest sales recorded.

EXPLANATION OF PAYDEX

A score of 80 denotes that payments reported to D&B have generally been made within terms.Scores over 80 indicate
that payments reported to D&B have been made earlier than terms.The chart below outlines the specific 0-100 score
and what it means.

D&B PAYDEX Payment Habit

100 Anticipate

90 Discount

80 Prompt

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70 15 days beyond terms

60 22 days beyond terms

50 30 days beyond terms

40 60 days beyond terms

30 90 days beyond terms

20 120 days beyond terms

0-19 Over 120 days beyond terms

UN Unavailable

INTERPRETATION OF COLLECTIONS

Terminology Definition

Overdue days before Collection Start Date Invoice overdue period before the starting date of
collection

Collection Start Date Starting Date of this collection

Amt Owing Range as of Collection Start Date The invoice amount range of the collection as of
collection start date

Outstanding Status The outstanding status of this collection

VALUE ADDED SERVICES

More of our customers are enhancing their processes so they can identify and take action on their risky accounts
before they go bad. And they are leveraging predictive risk insight to improve the productivity of their collections e!
orts. These actions are working in their e!orts to overcome the challenges of the current economic environment.

D&B Risk Portfolio Manager benchmarks your entire customer base and provides a risk ranking to help you more
accurately understand the risk profile of your accounts.Being our valued customer, you can try out a risk
breakdown analysis on your portfolio and get a detailed view on the good and bad accounts. We will show you
step-by-step the best practices for protecting your company's bottom line in current economic environment.For more
information, contact Customer Service at (852) 2561-6333 or email cssales.hk@dnb.com
(mailto:cssales.hk@dnb.com).

KEY TO SCORES

Risk Class Financial Stress Financial Stress Risk Predictor Score Incidence of Failure
Percentile Score

1 96 - 100 1502 - 1890 9.0 - 10.0 0.10%

1488 - 1501 8.0 - 8.9 0.18%

2 63 - 95 1475 - 1487 7.0 - 7.9 0.23%

1459 - 1474 6.0 - 6.9 0.30%

3 28 - 62 1448 - 1458 5.0 - 5.9 0.37%

4 2 - 27 1443 - 1447 4.0 - 4.9 0.42%

1436 - 1442 3.0 - 3.9 0.47%
1431 - 1435 2.0 - 2.9 0.52%
1427 - 1430 1.0 - 1.9 0.57%

5 1 1001 - 1426 0.1 - 0.9 0.89%

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CONFIDENTIALITY

CONFIDENTIAL: THIS INFORMATION IS PROVIDED BY DUN & BRADSTREET SUBJECT TO THE TERMS AND CONDITIONS OF
YOUR SUBSCRIPTION CONTRACT AND IS NOT TO BE DISCLOSED.

This report, furnished pursuant to contract for the exclusive use of the subscriber as one factor
to consider in connection with business decisions, contains information compiled from sources
which Dun & Bradstreet (HK) Ltd does not control and whole information,unless otherwise
indicated in the report, has not been verified.In furnishing this report, Dun & Bradstreet (HK)
Ltd in no way assumes any part of the user's business risk, does not guarantee the accuracy,
completeness, or timeliness of the information provided, and shall not be liable for any loss or
injury whatsoever resulting from contingencies beyond its control or from negligence. The
preceding information (data) is for information purposes only and is not the official record of
this business (company). Information in this report is based upon existing records in D&B
database as of today and may not include information (data) which relates to this company
(business) due to possible changes in ownership, control, name or legal status.

COPYRIGHT 2023 DUN & BRADSTREET (HK) LTD. THIS REPORT MAY NOT BE REPRODUCED IN WHOLE OR IN PART IN ANY
FORM OR MANNER WHATSOEVER WITHOUT THE WRITTEN CONSENT OF D&B.

If you have any questions or suggestions about this report, please call the D&B Customer Service Centre on 2561-6333.
(DC/JN/zJG)

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NAME - United shipping and logistics

limited. Usd- 744149349801

Bank Name-China CITIC Bank International Limited

Bank Address-61-65 Des Voeux Road Central, Hong

Kong

Bank Code-018

SWIFT-KWHKHKHH