MIRA
INFORM REPORT
|
Report Date : |
05.07.2007 |
IDENTIFICATION DETAILS
|
Name : |
ROSE TRADING |
|
|
|
|
Registered Office : |
Rm 802, 8 Fllor
Guard Force Centre 3 Hok Yuen St, East Hunghom, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
14.03.2005 |
|
|
|
|
Com. Reg. No.: |
35412442 |
|
|
|
|
Legal Form : |
Sole
Proprietorship |
|
|
|
|
Line of Business : |
Import and Export
activities |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
COMPANY NAME &
ADDRESS
ROSE TRADING
RM 802, 8FL GUARD FORCE
CENTRE
TEL: N/A
FAX: N/A
EXECUTIVE SUMMARY
INCORPORATION DATE : MARCH 14, 2005
REGISTRATION NO. : 35412442
LEGAL FORM : SOLE
PROPRIETORSHIP
CHIEF EXECUTIVE : N/A
STAFF STRENGTH : N/A
CAPITAL :
N/A
BUSINESS LINE : TRADER
TURNOVER : N/A
(AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT : N/A
RECOMM.
MARKET CONDITION : N/A
FINANCIAL CONDITION : N/A
OPERATIONAL TREND : N/A
GENERAL REPUTATION : N/A
EXCHANGE RATE : HKD 7.81190 =
US$1 AS OF 2007-7-4
*Company Registration*
===================
License number :
35412442
Date issued :
14 March, 2005
Issuing authority :
Business Registration Office - Inland Revenue Dept
*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.
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 : 1
Shareholder's Name
% of Shares
-------------------------- ----------------
Kader Meeran Abdul
Haiyum
100.00
*Director's Details*
===============
Kader Meeran Abdul
Haiyum
Tax registration number
: ZZ4288695
Address :
Responsibilty : Handles the overall management of the company.
SC declined to released
their management details at present.
*Main Products &
Services*
======================
Registered to engage in
the import and export activities.
*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.
SC is not known to have any subsidiary at present.
PAYMENT RATING :NR OBTAINED SCORES : No Data
|
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.
SC declined to release
any financial details at present.
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 |
|
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%)