MIRA
INFORM REPORT
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Report Date : |
12.07.2007 |
IDENTIFICATION DETAILS
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Name : |
YADA IMPEX |
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Registered Office : |
31A Ma Liu Shui San Tsuen Block 3 Fanling New Territories |
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Country : |
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Date of Incorporation : |
March 21, 2007 |
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Com. Reg. No.: |
37734618-000 |
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Legal Form : |
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Line of Business : |
Registered to engage in trading leather and leather allied
products. |
RATING & COMMENTS
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MIRAs Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
name &
address
YADA IMPEX
31A MA LIU SHUI SAN TSUEN BLOCK 3 FANLING
NEW TERRITORIES,
TEL : N/A
FAX : N/A
EXECUTIVE SUMMARY
INCORPORATION DATE :
MARCH 21, 2007
REGISTRATION NO. :
37734618-000
CHIEF EXECUTIVE :
RAVIKUMAR NANDAN
STAFF STRENGTH :
N/A
CAPITAL :
N/A
BUSINESS LINE :
TRADER
TURNOVER :
N/A
EQUITIES :
N/A
PAYMENT : N/A
RECOMM.
MARKET CONDITION :
N/A
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : N/A
GENERAL REPUTATION : N/A
EXCHNAGE RATE :
HKD 7.81622 = US$1 AS OF 2007-7-11
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 : 37734618-000
Date issued : 21 March,
2007
Issuing authority : Business
Registration Office - Inland Revenue Dept
*Reputation*
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Due to the lack of any third party references and the nature of the
company's business, 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.
*Shareholders*
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Based on corporate filing regulations for
this type of entity in
*Director's Details*
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Ravikumar Nandan
ID Number :
ZZ5232650
Address :
A13
Nadu
600020
Date of Appointment : 21 March,
2007
*Operations Status*
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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.
*Main Products & Services*
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Registered to engage in trading leather and leather allied
products.
Products : Leather & Leather Products
SC is not known to have any subsidiary at present.
PAYMENT RATING : NR OBTAINED SCORES : No Data
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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.
*Bank Details*
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Bank name : BANK OF
Branch : Central,
Branch Address : 13Fl Bank Of
Swift code : BKCHHKHH
Based on the investigations performed, it has not been possible to
prepare a normal credit report on the company.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 3100 Leather
and Leather Products
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 4205000000 Other
articles of leather or composition leather
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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This score serves as a reference to assess SCs 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%)