MIRA
INFORM REPORT
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Report Date : |
08.08.2007 |
IDENTIFICATION DETAILS
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Name : |
SHREYA DIAM |
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Registered Office : |
Flat C 5 Fl |
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Country : |
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Date of Incorporation : |
24.03.2003 |
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Com. Reg. No.: |
33470129-000 |
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Legal Form : |
Sole-Proprietorship |
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Line of Business : |
Trading of diamonds. Selling of products to domestic market |
RATING & COMMENTS
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MIRAs Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment Behaviour : |
Slow |
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Litigation : |
Clear |
COMPANY NAME &
ADDRESS
SHREYA DIAM
FLAT C 5FL SOUTH SEA MANSION
TEL: N/A
FAX: N/A
EXECUTIVE SUMMARY
INCORPORATION DATE :
MARCH.24, 2003
REGISTRATION NO. :
33470129-000
LEGAL FORM :
SOLE-PROPRIETORSHIP
CHIEF EXECUTIVE :
MR. DINESHKUMAR BABULAL TEJANI (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 :
BELOW AVERAGE
RECOMM.
MARKET CONDITION :
FAIR
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND :
N/A
GENERAL REPUTATION :
N/A
EXCHANGE RATE :
HKD 7.82875 = USD1 AS OF 2007-08-07
Adopted
abbreviations:
ANS - amount not stated
NS - not stated SC - subject
company (the company inquired by you)
NA - not available
M - million HKD Hong Kong
Dollars
*Company Registration*
===================
License number : 33470129-000
Date issued
: 24 March, 2003
Issuing authority : Business Registration Office - Inland
Revenue Dept
Legal form
: Individual Business
*Office & Facilities*
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Note : We were unable to find any reference of the supplied
address on any local. The above address as reflected on our report was
confirmed to be its current registered/operating address.
Email : zaveri@netvigator.com
SC is not known to host website of its own at present.
For the past 4 years there is no
record of litigation.
Based on corporate filing regulations for this type of
entity in
*Key Personnel*
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Dineshkumar Babulal Tejani
Founder : Sole founder
Identification no :
ZZ5180731
Address : Flat/Rm B1, 9Fl Burnington House
*Operations Status*
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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.
Products : Diamonds
*Main Products & Services*
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Registered to specializes in the following areas of work :
1. Trading of diamonds.
2. Selling of products to domestic market.
*Payment Terms*
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Sales
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Local : Cash or
Credit
Purchases
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Local : Cash or
Credit
Import : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
SC is not known to have any subsidiary at
present.
PAYMENT RATING :5 OBTAINED SCORES : 25
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Rating Key |
Implication |
Implications |
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1 |
Scores 85100 |
Excellent |
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2 |
Scores 75 84 |
Above Average |
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3 |
Scores 50 74 |
Average |
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4 |
Scores 35 49 |
Fair |
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5 |
Scores 15 34 |
Below Average |
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6 |
Scores 01 14 |
Poor |
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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.
Based on the investigations performed, it has not been
possible to prepare a normal credit report on the company. Given the circumstances, caution is advised related
to dealings with persons claiming to represent such an entity.
Attached: trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code
Product/Service Description
Trading 3961 Jewelry of materials other than solid gold, platinum & silver
Trading 5094 Jewelry/Watches/Precious Mtl
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code
Product/Service Description
Trading 7102 Diamonds, worked or not, not mounted or set
Trading 7102100000 Diamonds, unsorted
INTERNATIONAL TRADE: ACTIVITY & MARKETS
Importing from
Importing from
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 SCs 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%)