|
Report Date : |
16.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
JSK
EXIM HK LTD. |
|
|
|
|
Registered Office : |
c/o Buttar.HK Ltd., Unit J, 1/F., Mau Lam Commercial Building, 16-18 Mau Lam Street, Jordan, Kowloon |
|
|
|
|
Country : |
Hong Kong |
|
|
|
|
Date of Incorporation : |
08.05.2009 |
|
|
|
|
Com. Reg. No.: |
50653788 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Importer, Exporter and Wholesaler of Gifts, stationery, sanitary ware and bathroom fittings, etc. |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
No Operating Office in Hong Kong |
|
Payment Behaviour : |
Unknown |
|
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Hong Kong |
A2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
JSK EXIM HK LTD.
c/o Buttar.HK Ltd.
Unit J, 1/F., Mau Lam Commercial Building, 16-18 Mau Lam Street, Jordan, Kowloon, Hong Kong.
PHONE: 2312 0148
FAX: 2375 6513
E-MAIL: jskhk.jsk@gmail.com
Managing Director: Mr. Amit Dinesh Jhaveri
Incorporated on: 8th May, 2009.
Organization: Private Limited Company.
Capital: Nominal: HK$10,000.00
Issued: HK$10,000.00
Business Category: Importer, Exporter and Wholesaler.
Employees: Nil.
Main Dealing Banker: The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.
Banking Relation: Fair.
Registered
Office:-
c/o Buttar.HK Ltd.
Unit J, 1/F., Mau Lam Commercial Building, 16-18 Mau Lam Street, Jordan, Kowloon, Hong Kong.
Associated
Company:-
JSK Exim
Unit 9-10, 2/F., 601 Chouzhou North Road, Yiwu City, Zhejiang Province, China.
[Tel: 86-579-8858 1344, Fax: 86-579-8555 8351
E-mail: amitgupta2312@hotmail.com ]
50653788
1336897
Managing Director: Mr. Amit Dinesh Jhaveri
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)
Issued Share Capital: HK$10,000.00
(As per registry
dated 08-05-2012)
|
Name |
|
No. of shares |
|
Amit Dinesh JHAVERI |
|
10,000 ===== |
(As per registry
dated 08-05-2012)
|
Name (Nationality) |
Address |
|
Amit Dinesh JHAVERI |
61 Krishna Niketan, 1/F., Bada Mandir Compound V.P. Road, Mumbai-400002, India. |
(As per registry
dated 08-05-2012)
|
Name |
Address |
Co.
No. |
|
Buttar.HK Ltd. |
1/F., Mau Lam Commerical Building, 16-18 Mau Lam Street, Jordan, Kowloon, Hong Kong. |
0975326 |
The subject was incorporated on 8th May, 2009 as a private limited liability company under the Hong Kong Companies Ordinance.
Apart from these, neither material change nor amendment has been ever traced and noted.
Activities: Importer, Exporter and Wholesaler.
Lines: Gifts, stationery, sanitary ware and bathroom fittings, etc.
Employees: Nil.
Commodities Imported: China.
Markets: India (main), etc.
Terms/Sales: L/C or as per contracted.
Terms/Buying: L/C, D/P, etc.
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)
Issued Share Capital: HK$10,000.00
Profit or Loss: Kept a balance account in 2010.
Condition: Business is under development.
Facilities: Making fairly active use of general banking facilities.
Payment: Met trade commitments on time.
Commercial Morality: Satisfactory.
Banker: The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.
Standing: Small.
JSK Exim HK Ltd. is wholly-owned by Mr. Amit Dinesh Jhaveri who is an Indian. He is an India passport holder and does not have the right to reside in Hong Kong permanently. He is also the only director of the subject.
The subject does not have its own operating office. Its registered office is in a commercial service firm located at “Unit J, 1/F., Mau Lam Commercial Building, 16-18 Mau Lam Street, Jordan, Kowloon, Hong Kong” known as “Buttar.HK Ltd.” which is handling its correspondences and documents. Buttar.HK Ltd. is also the corporate secretary of the subject. The subject has no employees in Hong Kong.
To our knowledge, Jhaveri has set up a firm known as JSK Exim in Yiwu City, Zhejiang Province, China.
Established in
2004, JSK Exim is trading in the following commodities:-
Brass fittings, gifts, novelties, premiums, stationery, sanitary ware and bathroom fittings, auto-parts, wooden desk top accessories, tooth brushes, printer accessories, clocks, umbrellas, general household accessories, etc.
JSK Exim is a buying office in China. Commodities, chiefly sourced from the suppliers in Yiwu City, are exported to India. Other markets are North America, Greece, Australia and South Africa. Overall business is rather active. The headquarters of JSK Exim are in Mumbai City of India.
JSK Exim deals with foreign parties under the name of the subject and let foreign firms correspond with the subject’s registered address in Hong Kong.
The history of the subject in Hong Kong is over three years. Its business in Hong Kong is not very active.
On the whole, since the subject does not have its own operating office and has no employees in Hong Kong, consider it good for business engagements on secured basis.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.64 |
|
UK Pound |
1 |
Rs.87.31 |
|
Euro |
1 |
Rs.68.81 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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 |
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 |
|
---- |
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.