MIRA
INFORM REPORT
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Report Date : |
18.09.2007 |
IDENTIFICATION DETAILS
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Name : |
SUN DIAM |
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Registered Office : |
Rm 2, 9FL |
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Country : |
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Date of Incorporation : |
September 1, 2003 |
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Com. Reg. No.: |
33874317 |
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Legal Form : |
Sole-Proprietorship |
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Line of Business : |
Believed to be engaged in trading diamonds. |
RATING & COMMENTS
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MIRAs 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 |
name &
address
SUN DIAM
RM 2, 9FL
TSIMSHATSUI
TEL : N/A
FAX : N/A
EXECUTIVE SUMMARY
INCORPORATION DATE :
SEPTEMBER 1, 2003
REGISTRATION NO. :
33874317
LEGAL FORM : SOLE-PROPRIETORSHIP
CHIEF EXECUTIVE :
MR. MAHENDRAKUMAR C. JAIN (CHAIRMAN)
STAFF STRENGTH :
N/A
CAPITAL :
N/A
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
N/R
MARKET CONDITION :
FAIR
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND :
N/A
GENERAL REPUTATION :
N/A
EXCHANGE RATE :
HKD 7.78779 = USD1
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*
==================
License number :
33874317
Date issued
: 1 September, 2003
Issuing authority :
Business Registration Office - Inland Revenue Dept
Legal form
: Individual
Corporate terms :
Up until 11 September, 2007
SC
is not known to host website of its own at present.
For the past 4 years there is no
record of litigation.
Based on corporate filing regulations for this type of
entity in
*Key Personnel*
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Mahendrakumar C. Jain
Founder
: Sole Founder
National ID number :
ZZ5199998
Address
: Flat/Rm 1701
Responsibility
: Handles the overall management of the company.
*Operations Status*
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No telephone listing could be found for the company. It is
therefore not possible to contact the company directly to obtain further information.
The nature and extent of the company's operations could not be determined and
it could not be confirmed whether the company operates from the Registered
Office address or in another location.
*Main Products & Services*
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Believed to be engaged in trading diamonds.
SC is not known to have any subsidiary at
present.
PAYMENT RATING : NR OBTAINED SCORES: No Data
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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.
Based on the investigations performed, it has not been possible to prepare a normal credit report on the company. Given the circumstances, caution is advised related to dealings with persons claiming to represent such an entity.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code
Product/Service Description
Trading 3911 Jewelry, of precious metal
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
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%)