MIRA
INFORM REPORT
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Report Date : |
20.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
CLEAR DIAMONDS
(H.K.) LTD. |
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Registered Office : |
RM 1405, 14/F,
Hart Avenue Plaza, 5-9 Hart Avenue, Tsimshatsui, Kowloon |
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Country : |
Hong Kong |
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Date of Incorporation : |
26.04.2006 |
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Com. Reg. No.: |
1040634 |
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Legal Form : |
Private Limited
Company |
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Line of Business : |
-- |
RATING &
COMMENTS
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MIRA’s Rating : |
NR |
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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 : |
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Company Name & Address
CLEAR DIAMONDS (H.K.) LTD.
RM 1405, 14/F, HART
AVENUE PLAZA, 5-9 HART AVENUE, TSIMSHATSUI, KOWLOON,HONG KONG.(AS GIVEN)
TEL : 852 23167878
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 is a private
limited co. incorporated under co. file no. 1040634 on 26-4-2006.
Details of its
incorporation information are shown to be as follows:
Authorized capital:
HK$10,000 divided into 10,000 shares @ HK$1.-
Paid-up capital:
HK$10,000
Shareholders/subscribers
(as at 11-4-2006)
Name(s),
ID/passport number, nationality & registered address No. of Shares
- *Shah Mitul Ajay
/ R418338(8) / Indian 10,000
/ 1/F, C/51 Vellard
View, 14 Tardeo Road, Mumbai 400034, India. =====
Directors(as at
24-11-2006)
Name(s),
ID/passport number & nationality Registered
address
*Also director
The above
information is based on SC's registration documents filed in Companies Registry
within the last 2 years.
Current search
reveals certain material change or amendment of SC has been recorded within the
last 2 years & noted as follows:
Partial change in
SC's directorship is as follows:
Name(s) of resigned director(s) Resignation date
Ponce Bayani Divino
Bautista 24-11-2006
Name(s) of newly appointed director(s) Appointment date
Ponce Bayani Divino
Bautista 26-4-2006
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): None
filed since its incorporation date.
Shah Mitul Ajay,
director: 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
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
commercial premises outside of which no company name was seen on display.
The area of the
premises is not known as our field reporter could not gain entrance to the
premises.
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.
Our current inquiry
reveals that a commercial telephone line (number 852-23167878) is registered
under the name of SC.
Repeated calls made
to the said telephone no. were not answered on all occasions during office
hours.
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%)