MIRA INFORM REPORT

 

 

Report Date :

30.01.2012

 

IDENTIFICATION DETAILS

 

Name :

DIMEI STONES (HK) COMPANY LIMITED

 

 

Registered Office :

Rm 1705, Bldg. A, Litao Building, Changping Road, Shantou, Guangdong Province, 515041 Pr

 

 

Country :

China

 

 

Date of Incorporation :

31.05.2007

 

 

Com. Reg. No.:

1137122 

 

 

Legal Form :

Private Company with Limited Liability

 

 

Line of Business :

Selling Stones

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Not Registered in China

Payment Behaviour :

Unknown

Litigation :

----

 

 

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

 

Country Name

Previous Rating

                   (01.04.2010)                  

Current Rating

(30.06.2010)

China

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Company name & address 

 

DIMEI STONES (HK) COMPANY LIMITED

rm 1705, bldg. a, litao building, changping road, shantou,

GUANGDONG PROVINCE, 515041 PR CHINA

TEL: 86 (0) 754-88840420   FAX: 86 (0) 754-88840421

 

 

Rounded Rectangle: CHECK ON SC’S REGISTERED TELEPHONE LINE I'VE RECEIVED THE REPORTS JUST IN TIME. THANK YOU BUT WOULD YOU PLS E-MAIL THEM TO : CREDIT@QINGDAO.CNGB.COM RIGHT NOW AGAIN? I WILL BE WAITING.. THANKS AGAIN, JULIE NTS  

 

 


The telephone number clients provided is

 

86 (0) 754-88840420

 

When we dialed the above number, a lady Ms. Zeng answered the phone.

She said that her company is with the given name, and its Chinese name is 地美石业（香港）有限公司.

Ms. Zeng said SC is registered in Hong Kong, but mainly operating in Shantou, Guangdong Province.

SC is mainly engaged in selling stones, which are imported from India.

 

E-mail: info@dilistone.com

 

 

Rounded Rectangle: SPOT VISIT 

 

 


The address client provided is: RM no. 1705, BLock. A, LITAO BUILDING, CHANGPING ROAD, SHANTOU, guangdong

 

According to Ms. Zeng, SC is now operating at the above address. However, she refused to release any more information about her company, and also refused any means of interview. When we expressed to our intention to make a credit assessment on his company, she became very rude and impolite.

 

 

Rounded Rectangle: REGISTRATION 

 

 


Searched by local AIC we found that only “Jiedong Dimei Stones Co., Ltd. been registered, the details are shown to be as follows:

 

Incorporation Date:         Aug. 16, 1996

Registration No.:            445221000000533

In Hong Kong Companies Registry, we found the following information:

 

Company Name: DIMEI STONES (HK) COMPANY LIMITED

CR No.:                         1137122  

Date of Incorporation:     31-MAY-2007 

Company Status:           Private 

Active Status:                Live 

 

 

Rounded Rectangle: REMARKS 

 


 

It is likely that SC is not registered in the local AIC. Judging from the above investigation results, no credit dealings with SC are recommended.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.64

UK Pound

1

Rs.77.79

Euro

1

Rs.65.04

 

 

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

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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%)

 

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.