MIRA
INFORM REPORT
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Report Date : |
04.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
AESH DIAM |
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Registered Office : |
Blk B1, 13/F, Burlington House, 92-94 Nathan Road,
Tsimshatsui, Kowloon |
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Country : |
Hong Kong |
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Date of Incorporation : |
5-2-2002 |
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Com. Reg. No.: |
32364800 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Import & export. |
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 |
name & address
AESH DIAM
BLK B1, 13/F, BURLINGTON HOUSE, 92-94 NATHAN ROAD,
TSIMSHATSUI, KOWLOON, HONG KONG.
TEL: 852 23144414
FAX: 852 23144444
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. 32364800
on 5-2-2002 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 Kaushal Dilip Same
as heading business address
/ P402921 (A)
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.
Shah Kaushal Dilip, sole proprietor:
- She 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:
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
Civil litigations : (X) see below (
) see per attached
Date :
10-10-2005
Defendant(s) : The
said person + Shah Dilip Ramniklal
Plaintiff(s) :
Incorporated Owners of Burlington House
Cause of claim :
Miscellaneous
Claimed amount : ANS
As per SC's Business Registration copy currently obtained, the nature of
business is described as import & export. Detailed information regarding
its import & export 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 residential premise outside of which no company name
was seen on display.
The gross area of the premises is estimated at 700 square feet.
Our reporter then contacted an unidentified Indian female of the said
co.
She disclosed SC's tel. no. is 852-23144414 but refused disclosing further
information regarding SC unless the identity of the inquiry party is disclosed.
She had promised to pass our message & deliver our brochure &
questionnaire to SC's principal(s). However, we have not yet received any
reply.
Note: Current land search
indicates that the said residential premise is owned by SC's principal &
others as follows:
- Owner: Shah Kaushal Dilip
& Shah Dilip Ramniklal
- Date of purchase & consideration:
25-1-2000 / HK$3.4M
- Date of mortgage & secured amount: 4-6-2004 / ANS
- Mortgagee: Standard Chartered
Bank (HK) Ltd.
Our current inquiry reveals that no such name as SC is registered as a
current user of local fixed line telephone companies.
Upon our current contact with Ko Donna, SC's administrator. She revealed
that SC is engaged in import & export of diamonds. However, she refused
disclosing further information regarding SC on the ground that this is the
company policy not to release any data to a third party.
In view of SC's style of operations and insufficient information, we
have no base to formulate our credit opinion on SC.
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 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%)