MIRA
INFORM REPORT
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Report Date : |
12.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
SUPER DIAM |
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Registered Office : |
Room A, Blk.2, 16/F., Harbourfront Landmark, 11 Wan Hoi St., Hung Hom,
Kln., |
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Country : |
Hong Kong |
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Date of Incorporation : |
01.01.2002 |
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Com. Reg. No.: |
32377704 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Trading of Diamond |
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 |
COMPANY NAME & ADDRESS
SUPER DIAM
ROOM A, BLK.2, 16/F., HARBOURFRONT LANDMARK, 11 WAN HOI ST., HUNG HOM,
KLN., HONG KONG. (AS GIVEN)
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.
SC was established under Business Registration Certificate no. 32377704 on
1-1-2002 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
Varia Dipeshkumar Mahendrabhai Flat
D, 14/F., Hilton Plaza, 96
/ P475581 (6) Granville
Road, Tsim Sha Tsui, Kln., Hong Kong.
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.
Varia Dipeshkumar Mahendrabhai, sole proprietor:
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
As per SC's Business Registration copy currently obtained, the nature of
business is described as diamond trading. Detailed information regarding its
diamond trading 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 commercial premise outside of which the following co.
names were seen on display:
- Shin-Nichi Electronic Device (HK) Ltd.
- Motorola Asia Pacific Ltd.
Condition inside the premises during our visit: Normal
Office/factory outlay: Standard
Our reporter then contacted an unidentified male of Motorola, he advised
that he has never heard of SC.
There are several units on 16/F. of the captioned building. However,
none of the units are occupied by SC.
Our current inquiry reveals that no such name as SC is registered as a current
user of local fixed line telephone companies.
Despite having exhausted all our effort, we are unable to obtain
sufficient information to assess SC's credit standing.
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%)