MIRA
INFORM REPORT
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Report Date : |
13.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
JEDI DIA TRADING LTD |
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Registered Office : |
Flat B-1, 9FL Burlington House 92-94 Nathan Rd Tsimshatsui
Kowloon |
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Country : |
Hong Kong |
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Date of Incorporation : |
June 12, 2006 |
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Com. Reg. No.: |
1051596 |
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Legal Form : |
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Line of Business : |
Trading wide range of consumer products. |
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. |
Small |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name &
address
JEDI DIA TRADING LTD
FLAT B-1, 9FL BURLINGTON HOUSE 92-94 NATHAN RD
TSIMSHATSUI KOWLOON, HONG KONG
TEL: 852 35250287
FAX: N/A
EXECUTIVE SUMMARY
INCORPORATION DATE :
JUNE 12, 2006
REGISTRATION NO. :
1051596
CHIEF EXECUTIVE :
DEVANG SEVANTILAL SHAH
STAFF STRENGTH :
5
CAPITAL :
US$ 1,279
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
FAIR
MARKET CONDITION :
FAIR
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : FAIRLY STEADY
GENERAL REPUTATION :
AVERAGE
EXCHNAGE RATE :
HKD 7.79019 = US$1
Adopted abbreviations:
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
M million
HKD Hong Kong Dollars
*Company Registration*
===================
License number : 1051596
Date issued : 12 June,
2006
Issuing authority : Companies
Registry
Legal form : Private
Limited Company
Type of license : Corporate
License number : 36842173-000
Date issued : N/A
Issuing authority : Business
Registration Office - Inland Revenue Dept
Type of license :
Business
*Capital Details*
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Authorized capital : HKD 10,000.00 divided into 10,000 shares at HKD
1.00/-each
*Corporate & Organization Structure*
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A family owned and operated business.
*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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Mr. Jagruti Devang Shah can sign on behalf of the company with seal
affixed.
SC is not known to host website of its own at present.
For the past one year there is no record of litigation.
*Major Shareholders*
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Shareholders' Name
No. of Shares Amount of
Shares (HKD)
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Devang Sevantilal Shah 1 1.00
Jagruti Devang Shah 1 1.00
Darpil Narendra Shah 1 1.00
*Directors' Details*
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Devang Sevantilal Shah
Hong Kong ID no. : P343597(4)
Address : Flat
B-1 9Fl Burlington House 92 Nathan Rd Tsimshatsui Kowloon Hong Kong
Date of appointment : 13 June, 2006
Jagruti Devang Shah
Hong Kong ID no. : P516996(1)
Address : Flat
B-1 9Fl Burlington House 92 Nathan Rd Tsimshatsui Kowloon Hong Kong
Date of appointment : 13 June, 2006
Darpil Narendra Shah
India passport no. : E7738228
Address : Flat
B-1 9Fl Burlington House 92 Nathan Rd Tsimshatsui Kowloon Hong Kong
Date of appointment : 13 June, 2006
*Company Secretary*
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TAXBASE CONSULTANTS LTD
Address : Rm 615 6Fl
Hollywood Plaza 610 Nathan Rd Kowloon Hong Kong
CR number : 411324
*Main Products & Services*
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Specializes in trading wide range of consumer products.
Products : Jewelry
Precious metal
Precious
stones
Watches
*Payment Terms*
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Sales
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Local : Cash or credit
Purchases
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Local : Cash or credit
*Local Distribution Network*
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100% of the annual turnover is attributed to local sales.
*Export Markets*
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There is no record of export since the prime focus of the firm's
activity is concentrated on local sales only.
SC is not known to have any subsidiary at present.
PAYMENT RATING : 4 OBTAINED SCORES : 40
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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 private limited 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 a short
development history.
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 7100 Pearls,
stones, prec. metals, imitation jewelry, coins
Trading 7113 Articles
of jewelry & parts, of precious metal or clad
Trading 7113200000 Jewelry and parts, base metal clad w
precious metal
Trading 7116201000 Jewelry
of precious or semiprecious stones
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. |
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%)