MIRA
INFORM REPORT
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Report Date : |
25.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
FINE STAR HK LTD |
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Registered Office : |
Rear Flat 6FL Ocean View Court 25a Chatham Rd, Tsim Sha
Tsui New Territories |
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Country : |
Hong Kong |
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Date of Incorporation : |
4 October, 2006 |
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Legal Form : |
Limited Liability Company |
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 : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
name & address
FINE STAR HK LTD
REAR FLAT 6FL OCEAN VIEW COURT 25A CHATHAM RD
TSIM SHA TSUI NEW TERRITORIES, HONG KONG
TEL : N/A
FAX : N/A
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.
*Company Registration*
===================
(1)
License number : 1078533
Date issued : 4
October, 2006
Issuing authority : Companies
Registry
Type of license : Corporate
(2)
License number : 37227469-000
Date issued : N/A
Issuing authority : Business
Registration Office - Inland Revenue Dept
Type of license : Business
*Capital Details*
=============
Authorized capital : HKD 10,000.00 divided into 10,000 ordinary shares
at HKD 1.00/-each, fully paid
*Registrar*
=========
- PONCE & CO LTD
*Approved Signatures*
===================
Only Bayani Divino Bautista Ponce can sign on behalf of the company with
seal affixed :
SC is not known to host website of its own at present.
For the past two years there is no record of litigation.
*Major Shareholders*
================
Total number of shareholder : 1
Total number of ordinary shares
: 10,000
Shareholder's Name No. of
Ordinary Shares Amount of Shares
(HKD) % of Shares
--------------------------
------------------------------
---------------------------------
----------------
Adit Bakul Shah
10,000
10,000.00
100.00
*Directors' Details*
==============
(1)
Adit Bakul Shah
India Passport nos : Z-1612093
Address :
2Fl 202 Videocon House Manav Mandir Marg Nepean Sea Rd Mumbai 6 India
(2)
Saloni Adit Shah
India Passport no : F
7433692
Address :
2Fl 202 Videocon House Manav Mandir Marg Nepean Sea Rd Mumbai 6 India
*Company Secretary*
=================
Bayani Divino Bautista Ponce
HKID no : P293411(A)
Address : Flat 2B
King's Court 48-52 Fort St North Point Hong Kong
SC declined to release its management background at present.
*Operations Status*
==============
Operations of the company could not be identified and confirmed during
the course of investigation due to following reasons:
1. A call was made based on the
mobile number (852-69334990) given in the inquiry but the party answering does
not recognized the Subject Entity.
2. Additionally, attempts to identify other commercial points of
reference being used by the company proved to be unsuccessful. These include:
- Searches with the main
local Telecom supplier for telephone and/or fax lines.
- Checks with the local trade
and business associations.
SC is not known to have any subsidiary at
present.
PAYMENT
RATING : NR OBTAINED SCORES : No Data
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Implication |
Implications |
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1 |
Scores 85–100 |
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.
SC’s financial highlights details are not available at present.
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.
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%)