MIRA
INFORM REPORT
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Report Date : |
5th
January, 2007 |
IDENTIFICATION
DETAILS
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Name : |
KRISTAL
DESIGNS |
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Registered Office : |
Rm G
9fl Luna Court 53-59 Kimberley Rd, Tsimshatsui Kowloon, Hong Kong |
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Country : |
Hong Kong |
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Date of Incorporation : |
04.07.2006 |
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Com. Reg. No.: |
36911251-000 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
The
company is engaged in trading of diamonds and other jewelry. |
RATING & COMMENTS
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MIRAs Rating : |
NR (No
Rating) |
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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
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Payment Behaviour : |
-- |
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Litigation : |
-- |
Company Name & Address
KRISTAL DESIGNS
RM G 9FL
LUNA COURT 53-59 KIMBERLEY RD
TSIMSHATSUI
KOWLOON, HONG KONG
TEL : 852 123457
FAX :
852 3521682
EXECUTIVE SUMMARY
INCORPORATION DATE :
JULY 4, 2006
REGISTRATION NO. :
36911251-000
CHIEF EXECUTIVE :
MR. LAXMAN DATTARAM DALAVI (CHAIRMAN)
STAFF STRENGTH :
NA
CAPITAL :
US$ 1,284
BUSINESS LINE :
TRADER
TURNOVER :
NA (AS OF DEC. 31, 2005)
EQUITIES :
NA (AS OF DEC. 31, 2005)
PAYMENT :
NOT YET DETERMINED
RECOMM. CREDIT RANGE :
NO RECOMMENDATION
MARKET CONDITION :
COMPETITIVE
FINANCIAL CONDITION :
NA
OPERATIONAL TREND : NA
GENERAL REPUTATION :
NA
EXCHNAGE RATE : HKD 7.78315 = US$1 AS OF 2006-11-10
*Company Registration*
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License number
: 36911251-000
Date issued : 4 July,
2006
Issuing authority
: Inland Revenue Dept.
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*
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Under Hong Kong
corporate law, there is no existing "shareholder" in a sole
proprietorship.
Name Nationality
Job Description
Mr. Laxman Dattaram Dalavi Hong Kong Director
*Key Personnel*
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Laxman Dattaram Dalavi
HKID no. :
ZZ5231352
Founder : Sole
Founder
Address : Rm G
9Fl Luna Court 55 Kimberley Rd, Tsimshatsui, Kowloon Hong Kong
Responsibilities :
Registered as the key owner and operator of the business.
*Main Products & Services*
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Believed to be engaged in trading of diamonds and
other jewelry.
*Operations Status*
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Extensive investigation have been conducted to
identify the commercial operation status of the company.
Investigations have included:
1. Site visit
2. Contact and searches with the main local Telecom
supplier for telephone and/or fax lines.
3. Checks with the local trade and business
associations.
4. Correlation with addresses held by the official
Company Registry and
5. Check of held with Hong Kong Inland Revenue
Dept. but investigators were unable to identify current contact details for the
company.
The most recent address as listed in official
government documents is:
Rm G, 9Fl, Luna Court, 53-59 Kimberley Rd
Although the corporate license is still valid,
investigators were unable to identify any functioning office of the company.
Products : Diamond
Jewelry
SC is
not known to have any subsidiary at present.
PAYMENT RATING :
NR OBTAINED SCORES : 0
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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.
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.
Attached: trade references
SIC
PRODUCT CLASSIFICATION & ACTIVITY
Activity
Code Product/Service
Description
Trading 3911 Jewelry, of precious metal
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 7113 Articles of jewelry & parts, of precious metal or
clad
Trading 7113200000 Jewelry and parts, base metal clad w precious metal
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/normal. |
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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