MIRA
INFORM REPORT
|
Report Date : |
07.08.2007 |
IDENTIFICATION
DETAILS
|
Name : |
RHIM GEM |
|
|
|
|
Registered Office : |
RM 2, 2FL block c 72a |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
07.11.1988 |
|
|
|
|
Com. Reg. No.: |
12276522 |
|
|
|
|
Legal Form : |
Sole Proprietorship |
|
|
|
|
Line of Business : |
Trading of Gems. |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow and Delayed |
Name & Address
RHIM GEM
RM 2, 2FL BLOCK C 72A
TSIMSHATSUI
TEL: 852-23388310 FAX:
852-23380026
EXECUTIVE SUMMARY
INCORPORATION DATE :
NOVEMBER 7, 1988
REGISTRATION NO. :
12276522
LEGAL FORM :
SOLE-PROPRIETORSHIP
CHIEF EXECUTIVE :
MR. AJIT KUMAR (CHAIRMAN)
STAFF STRENGTH :
N/A
CAPITAL :
N/A
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
N/A
RECOMM.
MARKET CONDITION :
FAIR
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : N/A
GENERAL REPUTATION : FAIR
EXCHANGE RATE :
HKD 7.82896 = US$1 AS OF 2007-8-7
HISTORY
*Company Registration*
===================
License number : 12276522
Date issued : 7
November, 1988
Issuing authority : Business
Registration Office - Inland Revenue Dept
Legal form : Sole
Proprietorship
Website
E-mail: rhim2000@netvigator.com
litigation
For the past two years there is no record of litigation.
Ownership/management
background
Based on corporate filing regulations for this type of entity in
management
*Key Personnel*
=============
Ajit Kumar
Founder : Sole Founder
HKID no. :
ZZ4324756
Address :
14-G
Responsibility :
Handles the overall management of the firm.
Business operations
*Operations Status*
===============
No telephone listing could be found for the company. It is therefore not
possible to contact the company directly to obtain further information. The
nature and extent of the company's operations could not be determined and it
could not be confirmed whether the company operates from the Registered Office
address or in another location.
*Main Products & Services*
=====================
Believed to be engaged in trading of gems.
Products: Gems
Related companies
SC is not known to have any subsidiary at
present.
payment
PAYMENT RATING : 6 OBTAINED SCORES :
No Data
|
Rating Key |
Implication |
Implications |
|
1 |
Scores 85–100 |
Excellent |
|
2 |
Scores 75 – 84 |
Above Average |
|
3 |
Scores 50 – 74 |
Average |
|
4 |
Scores 35 – 49 |
Fair |
|
5 |
Scores 15 – 34 |
Below Average |
|
6 |
Scores 01 – 14 |
Poor |
|
NR |
No Data |
No Data |
The rating indicates the payment
pattern of SC based upon our Payment Database, comments from suppliers of SC,
information from banks (if available), as well as industrial sources.
Financial highlights
As a sole proprietorship there is no legal requirement according to
local corporate law for public disclosure of detailed financials.
*Bank Details*
============
Bank name: INDUSTRIAL & COMMERCIAL BANK OF CHINA (ASIA) LTD
Branch :
Swiftcode: UBHKHKHH
remarks
Based on the investigations performed, it has not been possible to
prepare a normal credit report on the company. Given the circumstances, great
caution is required in providing credit to SC & COD is recommended.
Attached: trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 3911 Jewelry,
of precious metal
Trading 3961 Jewelry
of materials other than solid gold, platinum & silver
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 7103995000 Gemstones
otherwise worked not suitable for use in jewelry
Trading 7113 Articles
of jewelry & parts, of precious metal or clad
Trading 7113205000 Jewelry
of base metal clad with precious metal
RATING
EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average/normal. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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%)