MIRA INFORM REPORT

 

 

Report Date :

20th January, 2007

 

IDENTIFICATION DETAILS

 

Name :

S K & COMPANY

 

 

Registered Office :

Flat 22, 6fl Grand Bldg 22 Granville Circuit , Tsimshatsui Kowloon, Hong Kong

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

07.12.1996

 

 

Com. Reg. No.:

20457776-000

 

 

Legal Form :

Sole Proprietorship

 

RATING & COMMENTS

 

MIRA’s Rating :

NR (No Rating)

 

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 :

--

 

 


Company Name & Address

             

S K & CO

FLAT 22, 6FL GRAND BLDG 22 GRANVILLE CIRCUIT

TSIMSHATSUI KOWLOON, HONG KONG

TEL      : N/A    

FAX      :N/A

 

 

EXECUTIVE SUMMARY

 

INCORPORATION DATE            : 7 DECEMBER, 1996

REGISTRATION NO.                  : 20457776-000

LEGAL FORM                           : SOLE PROPRIETORSHIP

CHIEF EXECUTIVE                    : MS. SMITA JAGDISH SHAH (CHAIRMAN)

STAFF STRENGTH                    : N/A

CAPITAL                                   : N/A

BUSINESS LINE                        : N/A

TURNOVER                              : N/A (AS OF DEC. 31, 2005)

EQUITIES                                 : N/A (AS OF DEC. 31, 2005)

PAYMENT                                : NR

RECOMM. CREDIT RANGE       : NO RECOMMENDATION

MARKET CONDITION                : COMPETITIVE

FINANCIAL CONDITION             : N/A

OPERATIONAL TREND  : N/A

GENERAL REPUTATION           : FAIR

EXCHANGE RATE                     : HKD 7.80859 = US$1 AS OF 2007-1-19

 

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

 

Rounded Rectangle: HISTORY 

 

 

 


*Company Registration*

===================

License number     : 20457776-000

Date issued            : 7 December, 1996

Issuing authority    : Business Registration Office - Inland Revenue Dept

Type of license      : Business license

Legal form             : Individual business 

 

*Reputation*

==========

Due to the lack of any third party references, we were unable to establish the level of the firm's reputation within the respective industry.

 

 

 

Rounded Rectangle: WEB SITE 

 

 

 


SC is not known to host website of its own at present.

 

 

Rounded Rectangle: LITIGATION 

 

 


For the past two years there is no record of litigation.

 

 

Rounded Rectangle: OWNERSHIP/MANAGEMENT BACKGROUND 

 

 


*Major Shareholders*

================

Under Hong Kong corporate law, there is no existing "shareholder" in a sole proprietorship. 

 

Based on corporate filing regulations for this type of entity in Hong Kong, there is either, no requirement for Shareholders or no requirement for public disclosure of Shareholders.

 

 

Rounded Rectangle: MANAGEMENT 

 

 


*Key Personnel*

============

Smita Jagdish Shah

Founder                      : Sole Founder

National ID number   : P2474313

Address                      : Flat D 20Fl New Man House 35-45 Johnston Rd, Wanchai, Hong Kong 

 

 

Rounded Rectangle: BUSINESS OPERATIONS 

 

 


*Operations Status*

==============

No telephone listing could be found for the company. It is therefore not possible to contact the company directly to obtain further information. The nature and extent of the company's operations could not be determined and it could not be confirmed whether the company operates from the Registered Office address or in another location.

 

 

Rounded Rectangle: RELATED COMPANIES 

 

 


SC is not known to have any subsidiary at present.

 

 

Rounded Rectangle: PAYMENT 

 

 


PAYMENT RATING       :NR                OBTAINED SCORES        : 0

Rating Key

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.

 

 

Rounded Rectangle: FINANCIAL HIGHLIGHTS 

 

 


SC refused to release the financial details.

 

 

Rounded Rectangle: REMARKS 

 

 


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

 

 

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

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions