MIRA
INFORM REPORT
|
Report Date : |
17.01.2007 |
IDENTIFICATION DETAILS
|
Name : |
ECLATS JEWELRY LTD |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
JUNE 13, 2003 |
|
|
|
|
Com. Reg. No.: |
0849694 |
|
|
|
|
Legal Form : |
|
|
|
|
|
Line of Business : |
Engaged
in corporate secretarial management services to "maintain" their
license on behalf of the owners who are located overseas. |
RATING & COMMENTS
|
MIRAs 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
|
|
|
|
|
Payment Behaviour : |
-- |
|
|
|
|
Litigation : |
-- |
name & address
ECLATS JEWELRY LTD
TEL: 852 25981318
FAX: 852
25881318
EXECUTIVE SUMMARY
INCORPORATION DATE :
JUNE 13, 2003
REGISTRATION NO. :
0849694
CHIEF EXECUTIVE :
MR. RAMESH DAMJIBHAI PAVSIYA (CHAIRMAN)
STAFF STRENGTH :
N/A
CAPITAL :
US$ 1,287
BUSINESS LINE :
NOT APPLICABLE
TURNOVER :
N/A (AS OF DEC. 31, 2005)
EQUITIES :
N/A (AS OF DEC. 31, 2005)
PAYMENT :
NR
RECOMM.
MARKET CONDITION :
COMPETITIVE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : N/A
GENERAL REPUTATION :
AVERAGE
EXCHNAGE RATE :
HKD7.79644 = US$1 AS OF 2007-1-15
Adopted abbreviations:
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
M - million
HKD
*Company
Registration*
===================
(1)
License
number : 0849694
Date
issued : 13 June, 2003
Issuing
authority : Companies Registry
Type of
license : Corporate
(2)
License
number : 33722708
Issuing
authority : Business Registration Office - Inland
Revenue Department
Type of
license : Business
*Capital
Details*
============
Authorized
capital : HKD 10,000.00 divided into 10,000 shares at HKD 1.00/-each, fully
paid
*Reputation*
===========
Due to
the fact that the subject company :
(i) Does not maintain an operational office in
(ii)
There is no knowledge or public record of overseas business activities.
It has
not been possible to ascertain the reputation of the company.
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 shareholders : 2
Total
number of shares : 10,000
Shareholders'
Name No of
Shares Amount of Shares (HKD) % of Shares
---------------------------
----------------- ---------------------------------- ----------------
Mr.
Ramesh Damjibhai Pavsiya
9,000
9,000.00
90.00
Mr. Jack
Henri Olcina
1,000
1,000.00 10.00
Note : Mr. Yongyuth Ratanapanya transferred
1,000 shares to Mr. Ramesh Damjibhai Pavsiya on 31 October, 2005.
*Director's
Details*
===============
Mr.
Kirit Kumar Virji Bhai Ghori
Passport
No : B0078375
Address :
Shareholders'
Details
-----------------------------
Mr. Jack
Henri Olcina
Address
: 38 Sol Pikul 10500
*Key
Personnel*
=============
Mr.
Ramesh Damjibhai Pavsiya
Address :
Responsibilities : Registered as the key owner and
operator of the business.
*Operation
Status*
===============
Although
the Subject Company is a legally registered entity, it does not maintain an
operational office, nor any employees in this country, but rather employs the
services of a local firm engaged in corporate secretarial management services
to "maintain" their license on behalf of the owners who are located
overseas.
The
management services usually involves registering the office address as the same
one used by the firm employed to "maintain" the license, as well as
receive any mail address to the company, forward mail to owners, attend to license renewals,
corporate levies and related issues.
Company
name : CANDU NOMINEES LTD
Address :
Suburb : Wanchai
City :
SC is
not known to have any subsidiary at present.
PAYMENT RATING : NR OBTAINED SCORES : 0
|
Implication |
Implications |
|
|
1 |
Scores 85100 |
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.
Under
Although the Subject Business Entity is legally registered, it is
currently only a "shelf company" and maintains no known business
activity. Therefore it is not possible to apply the normal Credit Rating and
Risk Analysis algorithm.
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/normal. |
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 |
|