MIRA
INFORM REPORT
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Report Date : |
30.07.2007 |
IDENTIFICATION DETAILS
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Name : |
WALA DIAM (HK) |
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Registered Office : |
BLK A2, 4/F, |
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Country : |
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Date of Incorporation : |
01.08.2000 |
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Com. Reg. No.: |
31135365 |
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Legal Form : |
Sole
Proprietorship |
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Line of Business : |
-- |
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 : |
Undetermined |
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Payment Behaviour : |
-- |
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Litigation : |
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Company Name & Address
WALA DIAM (HK)
BLK A2, 4/F,
TEL : NOT REGISTERED
FAX : NOT REGISTERED
Narrative report
This refers to a type of report whose format is different from that of a
standard report. Such type of report is provided when:
l
Information
obtained is insufficient for compiling a standard report.
l
The
enquired co has been out of business or its business address has been
untraceable.
It should be noted
that the time and manpower spent on preparing such type of report might be
greater than those on a standard report. On many occasions, the information in
this type of report still indicates the current status of the enquired co. and
serves as a useful reference to assess its credit standing.
SC was established
under Business Registration Certificate no. 31135365 on 1-8-2000 with present
status as sole proprietorship.
Currently obtained BR copy indicates the
particulars of SC's principal(s) as follows:
Name(s) & ID / Passport No. Registered
address
- Diyora
Pareshkumar Rm
B, 6/F,
Khimjibhai /
This section will
contain the civil litigations & winding-up petitions filed against SC for
the last 6 years (as stored in our database), and the mortgage/charge records
filed by SC for the last 2 years. In
Civil litigation/winding-up petitions: None
in our database.
Diyora Pareshkumar
Khimjibhai, sole proprietor.
Credit history
check : This refers to a check of our database
whether the said person has been involved in any of the following records
stored by us within the last 6 years:
Civil litigation as
defendants : None in our database
Bankruptcy/winding-up
petitions : None in our database
Delinquent payment
records : None in our database
Debt collection
records : No overdue amount
owed by the said person was placed to us for
collection
Detailed
information regarding its activities is not available.
SC is not known to
have any subsidiary at present.
A visit to the
premises at the heading business address by our field reporter revealed the
following:
The address is a
residential premises outside of which no company name was seen on display.
The outer door of
the premises was locked. No one
responded to our reporter's calls.
Our reporter
inserted our co brochure and questionnaire to the premises through the space
below the door.
So far, we have not
yet received any reply.
Our current inquiry
reveals that no such name as SC is registered as a current user of local fixed
line telephone companies.
Despite having exhausted
all our effort, we are unable to obtain sufficient information to assess SC's
credit standing.
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 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%)