MIRA
INFORM REPORT
|
Report Date : |
28.12.2007 |
IDENTIFICATION
DETAILS
|
Name : |
SU-RAJ DIAMOND (HK) LTD |
|
|
|
|
Registered Office : |
11FL Guangdong Textile Center, 22-26 Minden Ave
Tsimshatsui Kowloon |
|
|
|
|
Country : |
Hong Kong |
|
|
|
|
Date of Incorporation : |
August 4, 2006 |
|
|
|
|
Com. Reg. No.: |
1064752 |
|
|
|
|
Legal Form : |
Private |
|
|
|
|
Line of Business : |
Import and local purchase of diamonds and other related products. Sales and distribution of the products to local and international
markets. |
RATING &
COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
Status : |
Small Company |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
name & address
SU-RAJ DIAMOND (HK) LTD
11FL GUANGDONG TEXTILE CENTER
22-26 MINDEN AVE TSIMSHATSUI KOWLOON, HONG KONG.
TEL : 852-27221000
FAX : 852-27221291
EXECUTIVE SUMMARY
INCORPORATION DATE :
AUGUST 4, 2006
REGISTRATION NO. :
1064752
LEGAL FORM :
PRIVATE
CHIEF EXECUTIVE :
MR. ASHISH V. JAIN (CHAIRMAN)
STAFF STRENGTH :
7
CAPITAL :
US$ 2,002,567
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
AVERAGE
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : FAIRLY STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.79936 = 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*
==================
(1)
License number : 1064752
Date issued : 4 August,
2006
Issuing authority : Companies Registry
Type of license : Corporate
(2)
License number : 37158030-000
Issuing authority : Business
Registration Office - Inland Revenue Dept
Type of license :
Business
*Capital Details*
=============
Share value : HKD
1.00/-each
Authorized capital : HKD
15,600,000.00
Paid-up capital : HKD
100,000.00 divided into 100,000 ordinary shares
*Office & Facilities*
================
Comment : Premises is shared
with sister company, ALMA DIAMONDS (HK) LTD.
*Reputation*
==========
Reference checking for the purpose of establishing the firm's reputation
within the respective industry failed to reveal any negative information.
*Approved Signatures*
=================
Mr. Ashish V. Jain can sign on behalf of the company with seal affixed.
www.su-raj.com this web site
belongs to “SURAJ GROUP”. The design is professional and the content is well
organized. At present it is in English version.
E-mail: suraj@netvigator.com
For the past two years there is no record of litigation.
*Major Shareholders*
================
Total number of shareholder
: 1
Total number of ordinary shares : 100,000
Shareholder's Name
No. of Ordinary Shares Amount
of Shares (HKD) % of Shares
-------------------------- ---------------------------- ------------------------------- ----------------
SU-RAJ DIAMONDS &
JEWELLERY LTD
100,000
100,000.00
100.00
Note: WINDWAY MANAGEMENT LTD transferred 1 ordinary share to SU-RAJ
DIAMONDS & JEWELLERY LTD on 15 September, 2006.
*Directors' Details*
==============
(1)
Mr. Lakhpatraj Bhansali
India passport no : F7748428
Address : 11Fl
Guangdong Textile Center 22-26 Minden Ave, Tsimshatsui, Kowloon Hong Kong
(2)
Mr. Jatin R. Mehta
India passport no : F9137178
Address : 11Fl
Guangdong Textile Center 22-26 Minden Ave, Tsimshatsui, Kowloon Hong Kong
*Company Secretary*
=================
SINCERE SECRETARIES LTD
Address : 13Fl Chun Wo
Commercial Centre 23-27 Wing Wo St Central Hong Kong
CR number : 109535
*Key Personnel*
=============
Mr. Ashish V. Jain
National ID no :
P449590 (3)
Address :
Flat C-D 17Fl Windsor Mansion 22-26 Chatham Rd, Tsimshatsui, Kowloon Hong Kong
Responsibilities :
Handles the overall management of the company.
*Main Products & Services*
=====================
Specializes in the following areas of work:
1. Import and local purchase of diamonds and other related products.
2. Sales and distribution of the products to local and international
markets.
Products: Diamonds
*Payment Terms*
=============
Sales
------
Local : Cash or Credit
Export : Letter of Credit (L/C)
Telegraphic
Transfer (T/T)
Purchases
--------------
Local : Cash or Credit
Import : Letter of Credit (L/C)
Telegraphic
Transfer (T/T)
*Local Distribution Network*
=======================
Part of the annual turnover is attributed to local sales.
*Export Markets*
==============
Part of the annual turnover is attributed to export.
*(Subsidiaries , Joint-ventures & Affiliates)
===============================
Company Name : ALMA DIAMONDS (HK) LTD
Address : 11Fl Guangdong Textile Center 22-26 Minden Ave Tsimshatsui
Kowloon Hong Kong
Country : Hong Kong
Relationship : Affiliate
Legal Form : Private company with limited liability
Company Type : Trader
Industry : Giftware & Jewellery
PAYMENT
RATING : 3 OBTAINED SCORES :
50
|
Implication |
Implications |
|
|
1 |
Scores 85–100 |
Excellent |
|
2 |
Scores 75 – 84 |
Above Average |
|
3 |
Scores 50 – 74 |
Average |
|
4 |
Scores 35 – 49 |
Fair |
|
5 |
Scores 15 – 34 |
Below Average |
|
6 |
Scores 01 – 14 |
Poor |
|
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.
Dealings on open terms may be possible for SMALL amounts
depending on individual judgement experience.
As a private limited company there is no legal requirement according to
local corporate law for public disclosure of detailed financials.
*Bank Details*
===========
Bank name : HONG KONG &
SHANGHAI BANKING CORP LTD, THE
Branch : 9Fl HSBC Main Bldg
1 Queen's Rd
Swift code : HSBCHKHH
SC was established in 2006 in small size. Credit dealings with SC should
be confined into small amount at present.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 3961 Jewelry
of materials other than solid gold, platinum & silver
Trading 5094 Jewelry/Watches/Precious
Mtl
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 7102 Diamonds,
worked or not, not mounted or set
Trading 7116201000 Jewelry
of precious or semiprecious stones
INTERNATIONAL
TRADE: ACTIVITY & MARKETS
Exporting to Asia
Exporting to Belgium
Exporting to Europe
Exporting to North America
Exporting to Thailand
Exporting to USA
Importing from Asia
Importing from India
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%)