MIRA
INFORM REPORT
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Report Date : |
06.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
MARQUISE DIAMOND CENTRE |
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Registered Office : |
Rm 707, 7/F, Kowloon Centre, 33 Ashley Road,Tsimshatsui,
Kowloon |
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Country : |
Hong Kong |
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Date of Incorporation : |
18-10-1989 |
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Com. Reg. No.: |
13110226 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
General trading |
RATING &
COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 : |
-- |
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Litigation : |
-- |
name
MARQUISE DIAMOND CENTRE
RM 707, 7/F, KOWLOON CENTRE, 33 ASHLEY ROAD,TSIMSHATSUI,
KOWLOON,
HONG KONG.(MOST LIKELY ADDRESS)
TEL : 852 23767744 (AS GIVEN)
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 established under Business Registration Certificate
no. 13110226 on 18-10-1989 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
- Shah Shrenikkumar Ratilal Rm
A-6, Hau Fook Bldg.,
/ C951871 8
Hau Fook St.,
Tsimshatsui, Kowloon, HK.
Change in business address:
Moved to the heading business address from Rm C, 8/F, Bo Yip Bldg., 6-8
Ashley Road, Tsimshatsui, Kowloon, HK in March 2004.
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.
A check of our database & enquiry with outside sources
indicate no information regarding the background of SC's principals. Besides, SC's
principals could not be contacted for enquiry during our course of report
preparation.
Credit history check:
A check of our database indicates SC's major shareholders &
executive directors have been clear of any civil claims as defendants for the
past 6 years.
As per SC's Business Registration copy currently obtained,
the nature of business is described as general trading. Detailed information
regarding its activities is not available
Our onfile record indicated that SC is engaged in import
& export of diamond.
Affiliate(s):
Company name :
Marquise Diamond Ltd.
Year established :
2005
Business nature :
Similar to SC
Address :
Same as heading business address
Turnover :
NA
A visit to the premises at the heading business address by
our field reporter revealed the following:
The address is a commercial premises outside of which SC's
name was not seen on display. Instead,
the following co. name(s) was/were seen on display:
- Hong Kong Stone Co.
The gross area of the premises is estimated at 2,200 square
feet.
Condition inside the premises during our visit: Normal
Office/factory outlay: Standard
A female who identified herself as SC's staff member was
contacted there. She advised that only SC's principal(s) could handle outside
parties' business enquiries on SC. SC's principal(s) were not in office by that
time.
She had promised to pass our message & deliver our
brochure & questionnaire to SC's principal(s). However, we have not yet
received any reply.
Our current inquiry reveals that no such name as SC is
registered as a current user of local fixed line telephone companies.
Calls made to your given tel. no. (852-23767744) were
disconnected.
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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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%)