MIRA INFORM REPORT
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Report
Date : |
25th
November, 2006 |
IDENTIFICATION
DETAILS
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Name : |
EVER BRIGHT TRADING CO |
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Registered
Office : |
FT D, 3/F, Tower 22, PH. 4B, Ocean Vista, Laguna Verde, 8
Laguna Verde Ave., Hunghom, Kln., Hong Kong |
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Date
of Incorporation : |
01.05.2005 |
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Com.
Reg. No.: |
35602273 |
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Legal
Form : |
Proprietary |
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Line
of Business : |
Trading activities. |
RATING & COMMENTS
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MIRA’s
Rating : |
C |
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<10 |
C |
Absolute credit risk exists.
Caution needed to be exercised |
Credit not recommended |
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Status
: |
Undetermined
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Payment
Behaviour : |
Unknown |
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Litigation
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Clear |
NAME
EVER BRIGHT TRADING CO.
ADDRESS
FT D,3/F,TOWER 22,PH. 4B,OCEAN VISTA,LAGUNA VERDE,8 LAGUNA VERDE
AVE.,HUNGHOM,KLN.,HK(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.
SC was dissolved from Companies Registry on 7-5-2004. Its former business registration information
is as follows:
SC was established under Business Registration Certificate
no. 35602273 on 1-5-2005 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
- Dani Sameer Jitendra Same
as heading address
/ A4294356
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.
Dani Sameer
Jitendra, sole proprietor: He is by
Indian nationality. Other information
of the said principal is not available from our database & consulted
sources.
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 trading activities. Detailed information regarding its
activities is not available.
SC is not known to have any subsidiary at present.
A visit to
the premises at the heading business address by our field reporter revealed the
following:
The address
is a residential premises outside of which no company name was seen on display.
Our
reporter learned from the building management office that they had no idea
about SC & its principal.
The outer
door of the premises was locked. No one
responded to our reporter's calls.
Our
reporter inserted our co brochure and questionnaire to the premises through the
space below the door.
So far, we
have not yet received any reply.
Currently
land search indicates that the ownership of the captioned residential address
is as follows:
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Owner: Patel Bhupenora Jivrajbhai- Date
of purchase & consideration:
28-9-2004 / HKD 2.85M- Date of mortgage & secured amount: 12-1-2005 / ANS- Mortgagee: Wing Lung Bank Ltd.
Our current inquiry reveals that no such name as SC is
registered as a current user of local fixed line telephone companies.
In Hong Kong, it is quite an unusual practice for an active
company not having any telephone line registered under its own name; as this
will directly hinder its potential customers to contact them & its
activeness in the local market is also in doubt.
SC is unknown in the local market or to the sources we
contacted. Our database also indicates
no further information regarding SC. We
are unable to establish the precise nature of SC's operations & assess SC's
credit standing for the time being.
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 |
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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 |