MIRA
INFORM REPORT
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Report Date : |
23rd
January, 2007 |
IDENTIFICATION DETAILS
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Name : |
VIVA
IMPEX |
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Registered Office : |
Flat G4, 4fl |
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Country : |
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Date of Incorporation : |
27.11.2006 |
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Com. Reg. No.: |
37384267-000 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Trading of diamond products. |
RATING & COMMENTS
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MIRAs Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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Status : |
Undetermined |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
Company Name & Address
VIVA IMPEX
FLAT G4, 4FL
TEL : 852 123457
FAX : 852 3521682
EXECUTIVE SUMMARY
INCORPORATION DATE :
NOVEMBER 27, 2006
REGISTRATION NO. :
37384267-000
CHIEF EXECUTIVE :
MR. MINAL MADHUBHAI DAVARIYA (CHAIRMAN)
STAFF STRENGTH :
N/A
CAPITAL :
US$ 1,287
BUSINESS LINE :
TRADER
TURNOVER :
N/A
EQUITIES :
N/A
PAYMENT :
NR
RECOMM.
MARKET CONDITION :
COMPETITIVE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : N/A
GENERAL REPUTATION :
FAIR
EXCHNAGE RATE :
HKD 7.80851 = US$1 AS OF 2007-1-22
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*
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License number : 37384267-000
Date issued : 27
November, 2006
Issuing authority :
Business Registration Office - Inland Revenue Dept
*Reputation*
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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.
SC is not known to host website of its own at present.
*Major Shareholders*
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Under
*Key Personnel*
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Mr. Minal Madhubhai Davariya
HKID card no : ZZ5257416
Address : N-5 Panchvati Society,
Ichhanath-Umra
Responsibilities : Registered as the key owner and
operator of the business.
*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:
4Fl, Flat G,
Although the corporate license is still valid, investigators were
unable to identify any functioning office of the company.
*Main Products & Services*
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Registered to operate in trading of diamond products.
Products : Diamonds
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 entity. And no credit recommendation can
be considered for it at present.
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 7116 Articles of natural or cut pearls, prec/semprc stones
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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