MIRA INFORM
REPORT
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Report Date : |
01.03.2011 |
IDENTIFICATION DETAILS
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Name : |
VIDHI
GEMS |
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Registered Office : |
Flat 10, 12/F., Block 2, Hang Fung Industrial Building, 2G Hok Yuen Street, Hunghom, Kowloon |
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Country : |
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Date of Incorporation : |
17.05.2000 |
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Com. Reg. No.: |
30929159-000-05 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Importer, Exporter and Wholesaler of all kinds of emerald, precious stones, etc |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Small Company |
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Payment
Behaviour : |
Regular |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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a2 |
a2 |
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Risk Category |
ECGC Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name
VIDHI GEMS
Company ADDRESS
Flat 10, 12/F., Block 2, Hang Fung Industrial Building, 2G Hok Yuen Street, Hunghom, Kowloon, Hong Kong.
PHONE: 2724 5544
FAX: 2723 5544
MANAGEMENT
Manager: Ms. Sandhya Bordia (Mobile: 9271 3040)
SUMMARY
Establishment: 17th May, 2000.
Organization: Sole Proprietorship.
Capital: Not disclosed.
Business Category: Gemstone Trader.
Employees: 2.
Main Dealing Banker: The Hongkong & Shanghai Banking Corp.
Ltd.,
Banking Relation: Satisfactory.
Company ADDRESS
Head Office:-
Flat 10, 12/F., Block 2, Hang Fung Industrial Building, 2G Hok Yuen Street, Hunghom, Kowloon, Hong Kong.
BUSINESS REGISTRATION NUMBER
30929159-000-05
MANAGEMENT
Manager: Ms. Sandhya Bordia
SOLE PROPRIETOR
Name: Ms. Sandhya BORDIA
Residential Address: Flat
A4, 7/F.,
Kong.
HISTORY
The subject was established on 17th May, 2000 as a sole proprietorship concern owned by Ms. Sandhya Bordia under the Hong Kong Business Registration Regulations.
At
the very beginning, the subject was located at Flat A4, 7/F.,
|
to |
Flat F, 14/F., |
in |
Jul 2000 |
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to |
Room 1205, 12/F., |
in |
Jul 2004 |
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to |
Room 705-706, 7/F., |
in |
Jul 2005 |
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to |
Flat C, 13/F., |
in |
Jan 2006 |
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to |
Room 705, 7/F., |
in |
Dec 2009 |
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to |
Flat 10, 12/F., Block 2, Hang Fung Industrial Building, 2G Hok Yuen Street, Hunghom, Kowloon, Hong Kong |
in |
Jun 2010 |
Apart
from these, neither material change nor amendment has been ever traced and
noted.
OPERATIONS
Activities: Importer, Exporter and Wholesaler.
Lines: All kinds of emerald, precious stones, etc.
Employees: 2.
Commodities Imported:
Markets:
Terms/Sales: L/C, T/T, etc.
Terms/Buying: L/C, T/T, D/P, etc.
FINANCIAL INFORMATION
Capital: Not disclosed.
Profit or Loss: Making a very small profit every year.
Condition: Business has been normal.
Facilities: Making rather active use of general banking facilities.
Payment: Met trade commitments as required.
Commercial Morality: Satisfactory.
Banker: The
Hongkong & Shanghai Banking Corp. Ltd.,
Standing: Small.
GENERAL
Vidhi
Gems is a sole proprietorship set up and owned by Ms. Sandhya Bordia who is an
Indian. She is a Hong Kong ID Card
holder and has got the right to reside in
Business
commenced in May 2000, the subject is a gemstone trader. It is also a commission agent. The subject is carrying the following
precious and semi‑precious stones: aquamarine, pink amethyst, rubylite,
green amethyst, blue topaz, lemon topaz, citrine, smokey topaz, kunzite, peridot,
morganite, pink tourmalines, amethyst, pink topaz, garnet, rose quartz,
etc. Commodities are imported from
The subject’s business is chiefly handled by Bordia herself. She can be reached at her mobile phone number 9271 3040.
Overall business of the subject is satisfactory, making a small profit every year.
As
the history of the subject is over ten years and nine months in
COURT CASES: None per our.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.18 |
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|
1 |
Rs.72.79 |
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Euro |
1 |
Rs.62.15 |
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 |
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 |
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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.