MIRA
INFORM REPORT
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Report Date : |
26.07.2012 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
Room A709b, No. 1701 Century Ave., Pudong New District, |
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Country : |
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Date of Incorporation : |
13.03.2007 |
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Com. Reg. No.: |
310115001000436 |
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Legal Form : |
Limited Liabilities Company |
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Line of Business : |
Selling of diamonds and jewelry |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Business License Canceled |
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Payment Behaviour : |
-- |
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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 – March 31st, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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China |
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 and address
SHANGHAI DIAMERSON
DIAMOND AND JEWELLERY CO., LTD.
ROOM A709B, NO. 1701 CENTURY AVE., PUDONG
NEW DISTRICT,
SHANGHAI, 200120 PR CHINA
TEL: 86 (0) 21-61820718 FAX: 86 (0) 21-61820728
Alert report!
This refers to a type of report whose format is different from that of a
standard report. Such type of report is provided when:
l
Information obtained is insufficient for compiling
a standard report.
l
The enquired co has been out of business or its
business address has been untraceable.
It should be noted that the time and manpower spent on preparing such
type of report might be greater than those on a standard report. On many
occasions, the information in this type of report still indicates the current
status of the enquired co. and serves as a useful reference to assess its
credit standing.
The telephone & fax number client given are 86 (0) 21-61820718 and
86 (0) 21-61820728.
We dialed the given tel. number and a lady answered.
She admitted the given English name and released its Chinese name上海戴美尔森钻石饰品有限公司.
The address client given is:
Room No. A 709B, 1701 Century Avenue, Pudong, New District, Shanghai
200120 China
According to the lady, SC is operating in the given address.
According to the from the local Administration
for Industry & Commerce (The official body of issuing and renewing business
license), SC’s business registration license was canceled on April 18, 2012.
Its former registration details are as below:
Incorporation Date :
Mar. 13, 2007
Registration No. :
310115001000436
Registered Legal Form : Limited Liabilities Co.
Chief Executive : Ms.
Hong Canhua (Chairman)
Registered Capital : CNY
8,000,000
Shareholders Investment
Amount % of shareholding
Hong Canhua CNY
6,769,600 84.62
Xu Qiaofen CNY
1,230,400 15.38
SC’s registered business scope includes selling diamonds and jewelry; importing
and exporting commodities and technologies (with permit if needed).
Note: The given bank (China Construction
Bank) was SC’s former opening bank.
SC’s business registration license was canceled in April of 2012. Considering
the above investigation results, great caution is required in providing credit
to SC and no credit dealings with SC can be recommended.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.56.37 |
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1 |
Rs.87.44 |
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Euro |
1 |
Rs.68.04 |
INFORMATION DETAILS
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Report
Prepared by : |
PRL |
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.