MIRA
INFORM REPORT
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Report Date : |
20th
November, 2006 |
IDENTIFICATION
DETAILS
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Name : |
SONIC
DIAMONDS |
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Registered Office : |
Blk E,
18/F, Ocean View Court, 21-23 Chatham Road, T.S.T., Kowloon, Hong Kong. |
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Country : |
Hong Kong |
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Date of Incorporation : |
11.03.2005 |
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Com. Reg. No.: |
35406011 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Importer & Exporter of diamond &
jewellery. |
RATING & COMMENTS
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MIRA’s Rating : |
NR (No
Rating) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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Status : |
Undetermined
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Payment Behaviour : |
-- |
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Litigation : |
-- |
Company name & Address
SONIC
DIAMONDS
BLK E,
18/F, OCEAN VIEW COURT, 21-23 CHATHAM ROAD,
T.S.T.,
KOWLOON, HONG KONG. (AS REGISTERED)
TEL: NOT
REGISTERED FAX: NOT REGISTERED
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.
The complete address of SC is the heading one
instead of the one given by you.
SC was established under Business Registration
Certificate no. 35406011 on 11-3-2005 with present status as sole
proprietorship.
Currently obtained BR copy indicates the
particulars of SC's principal(s)
as follows:Name(s) & ID / Passport No. Registered address
- Singh Shrikant Guruprasad Same
as heading business address
/ Z1534979
This section will contain the civil litigations
& winding-up petitions filed against SC for the last 6 years (as stored in
our database), and the mortgage/charge filed by SC for the last 2 years. In
Hong Kong, creation of such mortgage/charges by an unlimited co is not required
to be registered in the public records.
Civil litigation/winding-up petitions : None in our database.
Mortgage/charge record(s) : In Hong Kong, unlimited companies are not required to file
its charge particulars for public search.
Singh Skrikant Guruprasad, sole proprietor: He is by Indian nationality.
Credit history check : This refers to a check of our database whether the said person
has been involved in any of the following records stored by us within the last
6 years:
Civil litigation as defendants : None in our database
Bankruptcy/winding-up petitions : None in our database
Delinquent payment records : None in our database
Debt collection records : No overdue amount owed by the said
person was placed to us
for collection
As per SC's Business Registration copy currently
obtained, the nature of business is described as import & export of diamond
& jewellery. Detailed information
regarding its import & export of diamond & jewelleryactivities is not
available.
SC is not known to have any subsidiary at present.
On 15-11-2006, a visit to the premises at the
heading business address by our field reporter revealed the following:
Our search indicated that the captioned building is
a 14-storey commercial & residential building and there is no 18/F.
Our reporter then contacted the building management
officer there but he divulged that he had no idea concerning SC.
It is not ascertained whether SC is still in
operation.
Our current inquiry reveals that no such name as SC
is registered as a current user of local fixed line telephone companies.
Despite having exhausted all our effort, we are
unable to obtain sufficient information to assess SC's credit standing.
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 |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
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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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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