MIRA
INFORM REPORT
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Report Date : |
17.05.2011 |
IDENTIFICATION DETAILS
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Name : |
SUPREME TRADING FZE |
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Registered Office : |
C/o Gurus & Lexes Consultants Ltd. Room 1002, 10/F., Chuang’s Tower, |
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Country : |
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Date of Incorporation : |
21.09.2009 |
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Com. Reg. No.: |
51183550-000-09 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Importer, Exporter and Wholesaler of Electronics, furniture, diamonds,
etc. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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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 – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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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 |
Name and address
SUPREME TRADING
FZE
ADDRESS: c/o Gurus & Lexes
Consultants Ltd.
Room 1002, 10/F., Chuang’s Tower,
PHONE: 3749 7792
FAX: 3909 1679
MANAGEMENT
Manager: Mr. Shiv Shankar Gopawat
SUMMARY
Establishment: 21st
September, 2009.
Organization: Sole
Proprietorship.
Capital:
Not
disclosed.
Business Category: Importer, Exporter and Wholesaler.
Employees: Nil.
Main Dealing Banker: The Hongkong & Shanghai Banking Corp. Ltd.,
Banking Relation: Fairly
satisfactory.
ADDRESS
Head Office:-
c/o Gurus & Lexes Consultants Ltd.
Room 1002, 10/F., Chuang’s Tower,
Associated Companies:- (Same
owner)
Sharp Diamonds,
Superb Jewellery,
BUSINESS REGISTRATION NUMBER
51183550-000-09
MANAGEMENT
Manager: Mr. Shiv Shankar Gopawat
SOLE PROPRIETOR
Name: Mr. Shiv Shankar GOPAWAT
Residential Address: Po-Kharsan,
Via-Kheroda
HISTORY
The subject was established on 21st September, 2009 as a sole
proprietorship concern owned by Mr. Shiv Shankar Gopawat under the Hong Kong
Business Registration Regulations.
Initially the subject was located at Room 1008, 10/F., Prosperity
Millennia Plaza, 663 King’s Road, Quarry Bay, Hong Kong where is the operating
address of Gurus & Lexes Consultants Ltd. [Gurus & Lexes], moved to the
present address in December 2009 where is the branch office of Gurus &
Lexes.
Apart from these, neither material change nor amendment has been ever
traced and noted.
OPERATIONS
Activities: Importer,
Exporter and Wholesaler.
Lines: Electronics,
furniture, diamonds, etc.
Employees: Nil.
Commodities Imported:
Markets: Europe,
Terms/Sales: L/C, T/T, etc.
Terms/Buying: L/C,
T/T, D/P, etc.
FINANCIAL INFORMATION
Capital: Not
disclosed.
Profit or Loss: Too early to offer an opinion.
Condition: Business
is under development.
Facilities: Making
fairly active use of general banking facilities.
Payment:
Met trade
commitments as contracted.
Commercial Morality: Satisfactory.
Banker:
The Hongkong
& Shanghai Banking Corp. Ltd.,
Standing:
Small.
GENERAL
Supreme Trading FZE is a sole proprietorship set up and owned by Mr.
Shiv Shankar Gopawat who is an Indian.
He is an
Business commenced in September 2009, the subject does not have its own
operating office. Its registered office
is in a commercial service firm located at Room 1002, 10/F., Chuang’s Tower,
The subject has no employees in
To our knowledge, the subject is trading in electronics, furniture,
diamonds, etc. It is also a commission
agent. Commodities are chiefly sourced
from
The subject has got associated companies in
It is likely that the main business area of the subject is in
Besides operating the subject, Gopawat is also operating the following
two firms: Superb Jewellery and Sharp Diamonds.
The registered address of these two firms are also in the operating
address of Gurus & Lexes. As Gurus
& Lexes has more than one office in
The history of the subject in
On the whole, since the subject does not have its own operating office
and has no employees 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.45.07 |
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1 |
Rs.72.97 |
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Euro |
1 |
Rs.63.57 |
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 |
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-- |
NB |
New Business |
-- |
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.