MIRA
INFORM REPORT
|
Report Date : |
07.06.2007 |
IDENTIFICATION DETAILS
|
Name : |
ROSY BLUE HONG KONG LTD
|
|
|
|
|
Registered Office : |
Rm 3601, 36fl |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
July 15, 1986 |
|
|
|
|
Com. Reg. No.: |
0171832 |
|
|
|
|
Legal Form : |
|
|
|
|
|
Line of Business : |
Import of precious stones and diamonds. Sales and distribution to local and export market. |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
name & address
ROSY BLUE HONG KONG LTD
RM 3601, 36FL NEW
TEL : 852 25239475
FAX : 852 28450940
EXECUTIVE SUMMARY
INCORPORATION DATE :
JULY 15, 1986
REGISTRATION NO. :
0171832
CHIEF EXECUTIVE :
MR. MAIANK MEHTA
STAFF STRENGTH :
25
CAPITAL :
US$ 3,701,280
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
AVERAGE
MARKET CONDITION :
COMPETITIVE
FINANCIAL CONDITION :
AVERAGE
OPERATIONAL TREND :
STEADY
GENERAL REPUTATION :
STEADY
EXCHNAGE RATE :
HKD7.81012 = US$1 AS OF 2007-6-7
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*
===================
(1)
License number : 0171832
Date issued : 15 July,
1986
Issuing authority : Companies
Registry
Legal form : Limited
Liability Company
Type of license : Corporate
(2)
License number : 10439855-000
Date issued : N/A
Issuing authority : Business
Registration Office - Inland Revenue Dept
Type of license : Business
(3)
License number : 10439855
Date issued : N/A
Issuing authority : Business
Registration Office - Inland Revenue Dept
Type of license : Business
Previous Registration
-----------------------------
License number : 0376588
*Company Name*
=============
Incorporated as : JADE
MADE ENTERPRISES LTD
Date of incorporation : 15 July,
1986
Changed name to : RB
DIAMOND SALES LTD
Date of change : 7
October, 1986
Changed name to : ROSY BLUE
HONG KONG LTD
Date of change : 17
January, 1997
*Registrar*
=========
EQ CORPORATE MANAGEMENT (HK) LTD
*Capital Details*
=============
Authorized capital : HKD 10,000.00
USD
3,700,000.00
Paid-up capital : HKD 3.00
divided into 3 ordinary shares at HKD 1.00/-each
USD
3,700,000 divided into 3,700,000 redeemable shares at USD 1.00/-each
*Reputation*
==========
Reference checking for the purpose of establishing the firm's reputation
within the respective industry failed to reveal any negative information.
*Approved Signatures*
===================
Only ADCOR (
Website : www.rosyblue.com The design is professional and the content is well
organized.
E-mail : hongkong@rosyblue.com
For the past two years there is no record of litigation.
*Major Shareholders*
=================
Shareholders' name
Type of Share No. of
Shares Amount of Shares % of Shares
-------------------------- -------------------- ------------------ ----------------------- ---------------
PRIME INVESTMENTS SA
Ordinary 2 HKD 2.00 100.00
Redeemable 3,700,000 USD 3,700,000.00
Maiank Metha
Ordinary 1 HKD 1.00 0.00
*Director's Details*
===============
Dilip Ramniklal Mehta
Address :
1200 Shanu Deep
*Company Secretary*
=================
ADCOR (
CR no. :
161389
Address : 31Fl The Center 99 Queen's Rd
*COMPANY MANAGEMENT*
=========================
Name Nationality
Job Description Dept. / Division
Mr. Manan Jhaveri Indian
Manager Sales
Mr. Maiank Mehta Indian
CEO -
Mr. Dilip Ramniklal Mehta Indian
Managing Director -
*Key Personnel*
=============
Maiank Mehta
HKID no. : K587074(7)
Address : Flat A 29Fl
Block 1 Scenic Height 97 Robinson Rd Hong Kong
Responsibility : Handles the overall management of the firm.
Manan Javeri
Email : manan.javeri@rosyblue.com
*Main Products & Services*
======================
Specializes in the following areas of work :
1. Import of precious stones and diamonds.
2. Sales and distribution to local and export market.
Carries the following brands :
- Orra
- Rosiblu
- Branding Partners
- Canadia
- Vera Wang
- Fine Jewelry
Products : Diamonds
Polished
diamonds
Precious
stones
*Payment Terms*
==============
Sales
-------
Local : Cash or Credit
Export : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
Purchases
--------------
Local : Cash or Credit
Import : Letter of Credit (L/C)
Telegraphic Transfer
(T/T)
*Associations*
=============
Member of :
- Hong Kong Diamond Association
*Quality Certification*
==================
Type of certification : GIA
*Local Distribution Network*
=======================
Part of the annual turnover is attributed to local sales.
*Export Markets*
==============
Part of the annual turnover is attributed to export.
*(Subsidiaries , Joint-ventures & Affiliates)
=================================
Company Name : ROSY BLUE FZE
Address :
Country :
Relationship : Affiliate
Legal Form : Private Limited Company
Company Type : Trader
Industry : Giftware & Jewellery
Company Name : ROSY BLUE INC
Address : 15Fl,
Country :
Relationship : Affiliate
Legal Form : Private Limited Company
Company Type : Manufacturer
Industry : Giftware & Jewellery
Company Name : ROSY BLUE INDIA PVT LTD
Address : Prasad Chambers 1616 Opera House Mumbai (
Country :
Relationship : Affiliate
Legal Form : Private Limited Company
Company Type : Trader
Industry : Giftware & Jewellery
Company Name : ROSY BLUE LTD
Address : 3Fl Jewelry Mart 1-10-6 Higashi Ueno Taito-ku Tokyo 1100015
Japan
Country :
Relationship : Affiliate
Legal Form : Private Limited Company
Company Type : Trader
Industry : Giftware & Jewellery
Company Name : ROSY BLUE NV
Address : Hoveniersstraat 53 Antwerpen 2018
Country :
Relationship : Affiliate
Legal Form : Private Limited Company
Company Type : Trader
Industry : Giftware & Jewellery
Company Name : ROSY BLUE SALES LTD
Address : Diamond Exchange Noam Bldg
Country :
Relationship : Affiliate
Legal Form : Private Limited Company
Company Type : Trader
Industry : Giftware & Jewellery
Company Name : ROSY BLUE TRADING (PTY) LTD
Address :
Country :
Relationship : Affiliate
Legal Form : Private Limited Company
Company Type : Trader
Industry : Giftware & Jewellery
*Strategic Partners & Alliances*
=========================
Group name : ROSY BLUE
Group
Group employees : 15,000
Activity :
Engaged in manufacturing and distribution of diamonds and jewelry.
Details : -
Established in 1960, with offices, factories and stores in fifteen (15)
countries, headquartered
in
- Also
has design centers in the following countries :
-
-
-
-
-
-
Forayed into the international jewelry business in 1888.
PAYMENT RATING : 3 OBTAINED SCORES : 55
|
Implication |
Implications |
|
|
1 |
Scores 85100 |
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.
Dealings on open terms may be possible for
MODERATE amounts depending on individual judgement experience.
*Bank Details*
===========
Bank Name : ABN AMRO BANK NV
Branch : Central,
Branch Address : 38Fl
SWIFT Code : ABNAHKHH
As a private limited company there is no legal requirement according to
local corporate law for public disclosure of detailed financials.
SC is considered an old-established business with stable development
trend.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 3911 Jewelry,
of precious metal
Trading 3961 Jewelry
of materials other than solid gold, platinum & silver
Trading 5094 Jewelry/Watches/Precious
Mtl
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading 7102 Diamonds,
worked or not, not mounted or set
Trading 7103 Precious
& semiprec stones, not strung etc
Trading 7116201000 Jewelry
of precious or semiprecious stones
Trading 7116205000 Articles
of precious or semiprecious or synthetic stones
INTERNATIONAL TRADE : ACTIVITY & MARKETS
Exporting to
Exporting to
Exporting to
Exporting to
Exporting to
Exporting to
Importing from
Importing from
Importing from
Importing from
Importing from
Importing from
Importing from
Importing from
Importing from
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 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%)