MIRA
INFORM REPORT
|
Report Date : |
31.07.2008 |
IDENTIFICATION
DETAILS
|
Name : |
JEDI DIA TRADING LTD |
|
|
|
|
Registered Office : |
Flat B-1, 9FL Burlington House 92-94 Nathan Rd Tsimshatsui Kowloon |
|
|
|
|
Country : |
Hong Kong |
|
|
|
|
Date of Incorporation : |
12.06.2006 |
|
|
|
|
Com. Reg. No.: |
1051596 |
|
|
|
|
Legal Form : |
Private Company With Limited Liability |
|
|
|
|
Line of Business : |
Trader of Jewelry Products. |
RATING &
COMMENTS
|
MIRAs Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
Status : |
Small Company |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
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 :
MR. DARPIL NARENDRA SHAH (DIRECTOR)
STAFF STRENGTH :
5
CAPITAL :
US$ 1,280
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
FAIR
MARKET CONDITION :
AVERAGE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : FAIRLY STEADY
GENERAL REPUTATION :
AVERAGE
EXCHNAGE RATE :
HKD 7.80129 = 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
*OTHER LICENSE*
===============
License Number : 36842173-000
Issuing Authority : Business Registration Office - Inland Revenue Dept
*Company Registration*
===================
License Number :
1051596
Date of Registration :
12 June, 2006
Issuing Authority :
Companies Registry (CR)
Legal Form :
Private company with limited liability
Employees :
5
Primary Business Activity
: Trader
Key Industry :
Giftware & Jewellery
*Capital Details*
=============
Share value : HKD 1.00/-each
Authorized capital : HKD 10,000.00
divided into 10,000 ordinary shares
Paid-up capital : HKD 4.00 divided into 4 ordinary
shares
*Office & Facilities*
================
Other tel no : 97486804
*Corporate & Organization Structure*
=============================
A family owned and operated business.
*Approved Signatures*
===================
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.
E-mail: shah71@hotmail.com
For the past one year there is no record of litigation.
*Major Shareholders*
==================
Total number of shareholders : 3
Total number of shares : 4
Shareholders Country Number Amount (HKD) %
Mr. Darpil Narendra Shah India 2.00 2.00 50.00
Mr. Devang Sevantilal Shah India 1.00 1.00 25.00
Mr. Jagruti Devang Shah India 1.00 1.00 25.00
*Company Secretary*
=================
TAXBASE CONSULTANTS LTD
Address : Rm 615 6Fl
Hollywood Plaza 610 Nathan Rd Kowloon Hong Kong
CR number : 411324
*COMPANY DIRECTORS*
====================
1
Name : Mr. Darpil Narendra Shah
Nationality : Indian
ID/Passport No. : E7738228
Registered Address : Flat B-1 9Fl Burlington House 92 Nathan Rd
,Tsimshatsui ,Kowloon ,Tsimshatsui
Country of Residence : Hong Kong
Date of Appointment : 13 Jun, 2006
2
Name : Mr. Devang Sevantilal Shah
Nationality : Indian
ID/Passport No. : P343597(4)
Registered Address : Flat B-1 9Fl Burlington House 92 Nathan Rd
,Tsimshatsui ,Kowloon ,Tsimshatsui
Country of Residence : Hong Kong
Date of Appointment : 13 Jun, 2006
3
Name : Mr. Jagruti Devang Shah
Nationality : Indian
ID/Passport No. : P516996(1)
Registered Address : Flat B-1 9Fl Burlington House 92 Nathan Rd
,Tsimshatsui ,Kowloon ,Tsimshatsui
Country of Residence : Hong Kong
Date of Appointment : 13 Jun, 2006
*Main Products & Services*
=====================
Specializes in trading wide range of jewelry products.
Products : Jewelry
Precious
metal
Precious
stones
Watches
*Payment Terms*
==============
Sales
-------
Local : Cash or credit
Purchases
--------------
Local : Cash or credit
*Local Distribution Network*
=======================
100% of the annual turnover is attributed to local sales.
SC is not known to have any subsidiary at present.
PAYMENT RATING : 4 OBTAINED SCORES :
46
|
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 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 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
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.42.49 |
|
UK Pound |
1 |
Rs.84.21 |
|
Euro |
1 |
Rs.66.33 |
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. |
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%)