MIRA
INFORM REPORT
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Report Date : |
20.08.2007 |
IDENTIFICATION DETAILS
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Name : |
ROYAL INDIGO TRADING CO |
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Registered Office : |
RM D4, 10FL Tsimshatsui Mansion |
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Country : |
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Date of Incorporation : |
23.05.2006 |
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Com. Reg. No.: |
36769789 |
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Legal Form : |
Sole-Proprietorship |
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Line of Business : |
Import and Export of Precious Stones |
RATING & COMMENTS
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MIRAs 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 |
COMPANY NAME &
ADDRESS
ROYAL INDIGO TRADING CO
RM D4, 10FL
TEL: N/A
FAX: N/A
EXECUTIVE SUMMARY
INCORPORATION DATE :
MAY 23, 2006
REGISTRATION NO. :
36769789
LEGAL FORM :
SOLE-PROPRIETORSHIP
CHIEF EXECUTIVE :
MR. KATHEEB M. SEYED AHAMED (CHAIRMAN)
STAFF STRENGTH :
N/A
CAPITAL :
N/A
BUSINESS LINE :
TRADER
TURNOVER :
N/A
EQUITIES :
N/A
PAYMENT :
N/A
RECOMM.
MARKET CONDITION :
N/A
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND :
N/A
GENERAL REPUTATION :
N/A
EXCHNAGE RATE :
HKD 7.80672 = US$1 AS OF 2007-8-17
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 : 36769789
Date issued : 23 May, 2006
Issuing authority : Business Registration Office - Inland
Revenue Dept
Legal form : Sole Proprietorship
*Reputation*
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Due to the lack of any third party references, we were unable to
establish the level of the firm's reputation within the respective industry.
SC is not known to host website of its own at present.
For the past one year there is no record of litigation.
*Shareholders*
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Based on corporate filing regulations for this type of entity in
*Key Personnel*
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Katheeb M Seyed Ahamed
Founder
: Sole Founder
National identification no :
P1676192
Address : Rm D4, 10Fl Tsimshatsui Mansion
Responsibility
: Registered key owner and
is responsible for the overall operation of the
company
*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.
*Main Products & Services*
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Registered to engage in the import and export of precious stones.
Products : Precious stones
SC is not known to have any subsidiary at present.
PAYMENT RATING :NR OBTAINED SCORES : No Data
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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.
*Bank Details*
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Bank name :
INDUSTRIAL & COMMERCIAL BANK OF CHINA (ASIA) LTD
Branch :
Central,
Branch Address :
122-126 Queen's Rd
Swift code :
UBHKHKHH
As a sole proprietorship company there is no legal requirement according
to local corporate law for public disclosure of detailed financials
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 3200
Stone, Clay, & Glass
Products
Trading 5094
Jewelry/Watches/Precious
Mtl
HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 7116201000
Jewelry of precious or semiprecious
stones
Trading 7116205000
Articles of precious or semiprecious
or synthetic stones
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. |
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%)