MIRA
INFORM REPORT
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Report Date : |
11.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
BEAUTY GEMS |
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Registered Office : |
RM 603, 6FL Tung Shun Hing Commercial Centre 20-22 Granville
Rd Tsimshatsui Kowloon, |
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Country : |
Hong Kong |
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Com. Reg. No.: |
30427911 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Trading Gems |
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
BEAUTY GEMS
RM 603, 6FL TUNG SHUN HING COMMERCIAL CENTRE 20-22 GRANVILLE RD
TSIMSHATSUI KOWLOON, HONG KONG
TEL: 852 31651680
FAX: 852 23770339
EXECUTIVE SUMMARY
INCORPORATION DATE :
N/A
REGISTRATION NO. :
30427911
LEGAL FORM :
SOLE PROPRIETORSHIP
CHIEF EXECUTIVE :
N/A
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. CREDIT RANGE :
NO RECOMMENDATION
MARKET CONDITION : FAIR
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND :
N/A
GENERAL REPUTATION :
N/A
EXCHNAGE RATE :
HKD 7.79662 = US$1
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 : 30427911
Date issued : N/A
Issuing authority : Business Registration Office - Inland Revenue
Dept
Note : Extract of the company's registration information is not yet
available in the Business Registration Office.
SC is not known to host website of its own at present.
For the past two years there is no record of litigation.
Such business licenses do not require Shareholders, nor Directors.
Such business licenses do not require Shareholders, nor Directors.
*Operations Status*
================
The company has been unwilling to reveal any details of its business
operations and no other information is available through any public on this
company.
In the absence of any information on this company, we suggests caution
is exhibited by third parties offering credit or trade financing for this
company
*Main Products & Services*
======================
Believed to be involved in trading gems.
Products : Gems
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.
Such business licenses do not require for public disclosure of detailed
financials.
Based on the investigations performed, it is not 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 3911
Jewelry, of precious metal
HARMONIZED
PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 7116201000
Jewelry of precious or semiprecious
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%)