MIRA
INFORM REPORT
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Report Date : |
27.07.2007 |
IDENTIFICATION DETAILS
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Name : |
FORTUNE INTERNATIONAL HK |
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Registered Office : |
Flat / Rm. 2303, Convention Plaza, Office Tower, 1 Harbour Road,
Wanchai, P. O. Box No. 95886 |
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Country : |
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Financials (as on) : |
30.06.2007 |
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Date of Incorporation : |
July, 2006 |
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Legal Form : |
Sole Proprietory Concern |
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Line of Business : |
Traders, Exporters and Importers of Garments, Textiles, Leather Items,
Cosmetics and Novelty items. |
RATING & COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
New & Small Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
-- |
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Comments : |
Subject is a new and small Company.
Nothing much could be said about the subject. The concern can be considered for small business dealings with slight
caution. |
LOCATIONS
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Registered Office : |
Flat / Rm. 2303, Convention Plaza, Office Tower, 1 Harbour Road,
Wanchai, P. O. Box No. 95886, Hong Kong |
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Tel. No.: |
23117855 |
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Mobile No.: |
0085293045707 |
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Fax No.: |
23117856 |
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E-Mail : |
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Area : |
570 sq. ft. |
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Location : |
Rented |
SOLE PROPRIETOR
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Name : |
Mr. Sharad Suresh Agarwal |
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Designation : |
Sole Proprietor |
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Address : |
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Date of Birth/Age : |
51 years |
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Qualification : |
M.B.A. |
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Experience : |
3 years |
BUSINESS DETAILS
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Line of Business : |
Traders, Exporters and Importers of Garments, Textiles, Leather Items,
Cosmetics and Novelty items. |
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Agencies Held : |
Surju International Limited, Samrat Exports Ruchica International Shree Metal & Company, |
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Exports : |
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Products : |
Garments, Textiles, Leather Items, Cosmetics and Novelty items |
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Countries : |
Europe, |
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Imports : |
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Products : |
Ready Products |
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Countries : |
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Terms : |
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Selling : |
D.P. [99%] |
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Purchasing : |
D.A. [99%] |
GENERAL INFORMATION
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Customers : |
Wholesalers |
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No. of Employees : |
3 |
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Bankers : |
HSBC TST Branch |
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Banking
Relations : |
-- |
FINANCIAL DATA
[all figures are
in HK Millions]
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Particulars |
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30.06.2007 |
30.06.2008
[Expected] |
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Sales Turnover |
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5.000 |
8.000 |
LOCAL AGENCY FURTHER INFORMATION
Trade Reference :
Ø
Gordan and
Ø
Wear Me Apparels,
Ø
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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