MIRA
INFORM REPORT
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Report Date : |
20.07.2007 |
IDENTIFICATION DETAILS
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Name : |
DHOO KRISHT INT'L LTD |
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Registered Office : |
Unit 4, 12FL Wah Lok Industrial Centre - Block |
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Country : |
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Date of Incorporation : |
February.26, 1999 |
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Com. Reg. No.: |
0668141 |
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Legal Form : |
Private |
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Line of Business : |
Trading of a wide variety of watches. Local and international distribution of products imported
by the firm. |
RATING & COMMENTS
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MIRAs Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
USD 10,000 |
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Status : |
Small Company |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name &
address
DHOO KRISHT INT'L LTD
UNIT 4, 12FL WAH LOK INDUSTRIAL CENTRE - BLOCK
TEL : [+852] 26901004
FAX : [+852] 26901114
EXECUTIVE SUMMARY
INCORPORATION DATE :
FEBRUARY.26, 1999
REGISTRATION NO. :
0668141
LEGAL FORM :
PRIVATE
CHIEF EXECUTIVE :
MR. SIVARAMA KRISHNAN BALA KRISHNAN (CHAIRMAN)
STAFF STRENGTH :
10
CAPITAL :
US$ 2,558
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
AVERAGE
RECOMM.
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND :
STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.82080 = USD1 AS OF 2007-07-20
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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(1)
License number :
0668141
Date issued
: 26 February, 1999
Issuing authority
: Companies Registry
Type of license
: Corporate
(2)
License number :
22303654-000
Issuing authority :
Business Registration Office - Inland Revenue Dept
Type of license :
Business
*Capital Details*
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Authorized capital : HKD 20,000.00 divided into 200 ordinary
shares at 100.00/-each, fully paid
*Reputation*
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Reference checking for the purpose of establishing the
firm's reputation within the respective industry failed to reveal any negative
information.
*Approved Signatures*
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Only Mr. Sivarama Krishnan Bala Krishnan can sign on behalf
of the company with seal affixed.
*Corporate Secretary*
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GEE KAY SYSTEMS & ACCOUNTING LTD
Address : Unit
710 Alexandra Industrial Bldg Block B 1064-1066 Tung Chau West St Lai Chi Kok
CR number : 680643
Email : sgnbalak@netvigator.com
SC is not known to host website of its own at present.
For the 8 years there is no record of litigation.
*Major Shareholders*
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Total number of shareholders : 2
Total number of ordinary shares : 200
Shareholders' Name No. of Ordinary
Shares Amount of Shares (HKD) % of Shares
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Mr. Sivarama Krishnan Bala Krishnan 100
10,000.00
50.00
Mr. Sarbani Das
100
10,000.00
50.00
*Director's Details*
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Mr. Sarbani Das
HKID number : K
810121 (3)
Address :
Unit 4, 12Fl Wah Lok Industrial Centre - Block
Kong
*Key Personnel*
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Mr. Sivarama Krishnan Bala Krishnan
HKID number : P
082607 (7)
Address :
Unit 4, 12Fl Wah Lok Industrial Centre - Block
Email
: sgnbalak@netvigor.com
Responsibilities :
Handles the overall management of the firm.
*Main Products & Services*
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Specializes in the following areas of work :
1. Trading of a wide variety of watches.
2. Local and international distribution of products imported
by the firm.
Products : Analog watches
Pocket watches
Watches
Wrist
watches
*Payment Terms*
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Sales
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Local : Cash or
Credit
Export : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
Purchases
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Local : Cash or
Credit
Import : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
*Local Distribution Network*
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Part of the annual turnover is attributed to local
sales.
*Export Markets*
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Part of the annual turnover is attributed to export.
SC is not known to have any subsidiary at
present.
PAYMENT RATING : 3 OBTAINED SCORES : 50
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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.
Dealings on open terms may be possible for SMALL
amounts depending on individual judgement experience.
As a limited liability company there is no legal requirement
according to local corporate law for public disclosure of detailed financials.
SC is considered small-sized in its line with an acceptable base to come
into credit dealings of small amount.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code
Product/Service Description
Trading 3873 Watches, clocks, clockwork operated devices, and
parts
Trading 5094 Jewelry/Watches/Precious Mtl
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code
Product/Service Description
Trading 9100 Clocks & watches & parts thereof
Trading 9101 Watches,
wrist, pocket etc, metal or clad case
INTERNATIONAL TRADE: ACTIVITY & MARKETS
Exporting to
Exporting to
Exporting to
Exporting to
Importing from
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%)