MIRA INFORM REPORT

 

 

Report Date :

14.12.2007

 

IDENTIFICATION DETAILS

 

Name :

K. D. DIAMONDS (HK) LTD.

 

 

Registered Office :

RM 1205, 12/F, Hart Avenue Plaza, 5-9 Hart Avenue, Tsimshatsui, Kowloon,

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

08.09.2004

 

 

Com. Reg. No.:

921556

 

 

Legal Form :

Private Limited Company

 

RATING & COMMENTS

 

MIRA’s Rating :

NR

 

RATING

STATUS

PROPOSED CREDIT LINE

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

Status :

Undetermined

 

COMPANY NAME & ADDRESS

 

K. D. DIAMONDS (HK) LTD.

RM 1205, 12/F, HART AVENUE PLAZA, 5-9 HART AVENUE, TSIMSHATSUI, KOWLOON, HONG KONG.

TEL: NOT REGISTERED              

FAX: NOT REGISTERED

 

 

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:

 

Information obtained is insufficient for compiling a standard report.

 

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.

 

Rounded Rectangle: REGISTRATION INFORMATION 

 

 


SC is a private limited co. incorporated under co. file no. 921556 on 8-9-2004.

 

Details of its incorporation information are shown to be as follows:

 

Authorized capital :$10,000 divided into 10,000 shares @ $1.-

Paid-up capital :$1,000

Shareholders/subscribers (as at 8-9-2007)

 

Name(s), ID/passport number, nationality & registered address      No. of Shares

 

- *Shah Dhiren Ramanlal / 21588660 / Indian                                   1,000

/ 1202, Garden View, Nepean Sea Rd, Mumbai 6, India.                   ====

 

Directors(as at 8-9-2007)

Name(s), ID/passport number & nationality           Registered address

* Also director

 

The above information is based on SC's registration documents filed in Companies Registry within the last 2 years.

 

 

Rounded Rectangle: PUBLIC FILINGS 

 

 


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) : None filed since its incorporation date.

 

 

Rounded Rectangle: OWNERSHIP/MANAGEMENT BACKGROUND 

 

 


Shah Dhiren Ramanlal, director:

 

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:

 

Civil litigation as defendants        : None in our database

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

 

 

Rounded Rectangle: BUSINESS OPERATIONS 

 

 


Detailed information regarding its activities is not available.

 

 

 

Rounded Rectangle: RELATED COMPANIES 

 

 


SC is not known to have any subsidiary at present.

 

 

Rounded Rectangle: SPOT VISIT 

 

 

 


A visit to the premises at the heading business address by our field reporter revealed the following:

 

The address is a commercial premise outside of which no company name was seen on display.

 

Our reporter observed SC's name appears on the building signboard on the ground floor of the heading business address.

 

The area of the premises is not known as our field reporter could not gain entrance to the premises.

 

The outer door of the premises was locked.  No one responded to our reporter's calls.

 

Our reporter inserted our co brochure and questionnaire to the premises through the space below the door.

 

So far, we have not yet received any reply.

 

 

Rounded Rectangle: CHECK ON SC’S REGISTERED TELEPHONE LINE 

 

 


Our current inquiry reveals that no such name as SC is registered as a current user of local fixed line telephone companies.

 

Rounded Rectangle: REMARKS 

 

 

 


Despite having exhausted all our effort, we are unable to obtain sufficient information to assess SC's credit standing.

 

 

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.

 

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%)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions