MIRA
INFORM REPORT
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Report Date : |
6th March, 2007 |
IDENTIFICATION
DETAILS
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Name : |
EVER BRIGHT TRADING CO. |
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Registered Office : |
Unit H, 11/F, Phase 2, Kaiser Estate, 51 Man Yue St.,
Hunghom,Kowloon,Hk |
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Country : |
Hong Kong |
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Date of Incorporation : |
01.05.2005 |
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Com. Reg. No.: |
35602273 |
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Legal Form : |
Sole Proprietorship |
RATING &
COMMENTS
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MIRA’s Rating : |
NR (No Rating) |
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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 : |
-- |
Company Name & Address
EVER BRIGHT TRADING
CO.
UNIT H, 11/F, PHASE 2, KAISER ESTATE, 51 MAN YUE ST., HUNGHOM,KOWLOON,HK
(AS REGISTERED)
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. 35602273
on 1-5-2005 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
- Dani Sameer Jitendra Flat
D, 3/F, Tower 22, Phase IVB,
/ A4294356 / Indian Ocean
Vista, Laguna Verde,
8 Laguna Verde
Avenue, Hunghom,
Kowloon, HK.
Change in business address: Moved to the heading business address from the above registered
address of Dani Sameer Jitendra on 2-5-2006.
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 filed by SC for the last 2 years. In Hong Kong,
creation of such mortgage/charges by an unlimited co is not required to be
registered in the public records.
Civil
litigation/winding-up petitions: None in our
database.
Mortgage/charge
record(s): In Hong Kong, unlimited
companies are not required to file its charge particulars for public search.
Dani Sameer Jitendra, sole proprietor:
He is by Indian nationality.
Registered residential address: As stated in "Registration
Information"
Property ownership: Current land
search indicates that the said premises ownership as follows:
- Owner(s) : Patel Bhupenora Jirrajbhal
- Date of purchase & consideration : 27-10-2004 / $2.85M
- Date of mortgage & secured amount : 27-10-2004 / ANS
- Mortgagee : Wing Lung Bank Ltd.
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.
The premises is rented.
SC is not known to have any subsidiary at present.
On 2-3-2007, a visit to the premises at the heading business address by
our field reporter revealed the following:
The address is a commercial & industrial premises outside of which
SC's name was not seen on display.
Instead, the following co. name(s) was/were seen on display:
- Global Trend Trading Ltd.
- Ever Green
The gross area of the premises is estimated at 2,800 square feet.
Condition inside the premises during our visit: Normal
Office/factory outlay: Standard
A male who identified himself as SC's staffmember was contacted
there. He advised that only SC's
principal(s) could handle outside parties' business enquiries on SC. SC's principal(s) were not in office by that
time.
He had promised to pass our message & deliver our brochure & questionnaire
to SC's principal(s). However, 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 not required to file its charge particulars for public search.
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%)