MIRA
INFORM REPORT
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Report Date : |
27.08.2007 |
IDENTIFICATION DETAILS
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Name : |
NOBLE STAR LTD |
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Registered Office : |
Rm 808 |
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Country : |
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Date of Incorporation : |
June 7, 2007 |
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Com. Reg. No.: |
1139146 |
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Legal Form : |
Offshore Company - Private Limited |
RATING & COMMENTS
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MIRAs Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
name &
address
NOBLE STAR LTD
RM 808
TEL : [+852] 28870517
FAX : [+852] 24852554
EXECUTIVE SUMMARY
INCORPORATION DATE :
JUNE 7, 2007
REGISTRATION NO. :
1139146
LEGAL FORM :
OFFSHORE COMPANY - PRIVATE LIMITED
CHIEF EXECUTIVE :
MR. VISHNU VISHWANATHAM YELIGETI (COMPANY DIRECTOR)
STAFF STRENGTH :
N/A
CAPITAL :
US$ 1,279
BUSINESS LINE :
N/A
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
NR
RECOMM.
MARKET CONDITION :
FAIR
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : N/A
GENERAL REPUTATION : N/A
EXCHANGE RATE :
HKD 7.82761 = USD1 AS OF 2007-08-09
Adopted abbreviations:
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
M million
HKD
*Capital Details*
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Registered capital :
HKD 10,000.00 divided into 10,000 shares of HKD 1/-each.
*Company Registration*
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(1)
License number :
1139146
Date issued
: 7 June, 2007
Issuing authority :
Companies Registry
Type of license :
Corporate
Legal form
: Private Limited Company
(2)
License number :
38075972000
Issuing authority :
Business Registration Office - Inland Revenue Dept
Type of license :
Business
*Reputation*
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Due to the fact that the subject company:
(i) Does not maintain
an operational office in Hongkong;
(ii) There is no knowledge or public record of overseas
business activities
It has not been possible to ascertain the reputation of the
company.
SC
is not known to host website of its own at present
For the past 2 months there is no
record of litigation.
*Major Shareholders*
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Shareholder's Name
No. of Shares
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ARSD06 LTD 1.00
*Director's Details*
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Vishnu Vishwanatham Yeligeti
Passport No
: B0093363
Address
: Rm 117 Bldg 4 Kakasaheb Gadjil Marg Mumbai (
Date of Appointment :
20 June, 2007
*Operations Status*
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Although the company is a legally registered business
entity, it does not maintain an Operational office, nor any employees in this
country, but rather employs the services of a local firm engaged in corporate
secretarial management services to "maintain" company licenses on
behalf of owners who are located overseas.
The management services usually involves registering the
office address as the same one used by the firm employed to
"maintain" the license, as well as receive any mail address to the
company, forward any mail to the owners, attend to license renewals, corporate
levies and related issues.
The local firm employed to perform maintenance for this
company is:
Company Name : HERVERY & PARTNERS LTD
Address :
Rm 808
City
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SC is not known to have any subsidiary at
present.
PAYMENT RATING : NR OBTAINED SCORES : No Data
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Implication |
Implications |
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1 |
Scores 85100 |
Excellent |
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2 |
Scores 75 84 |
Above Average |
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3 |
Scores 50 74 |
Average |
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4 |
Scores 35 49 |
Fair |
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5 |
Scores 15 34 |
Below Average |
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6 |
Scores 01 14 |
Poor |
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NR |
No Data |
No Data |
The rating indicates the
payment pattern of SC based upon our Payment Database, comments from suppliers
of SC, information from banks (if available), as well as industrial sources.
Under Hongkong corporate law, the Subject Company is exempt
from the provisions of the Income Tax Act and therefore not obliged to disclose
their financial statements.
*Bank Details*
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Bank name : HONG
KONG & SHANGHAI BANKING CORP LTD, THE
Branch :
Account no. : 411
409402 001
Swift code :
HSBCHKHH
Great caution is requested in providing credit to SC and COD is
recommended at present.
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 |
Unfavourable & favourable factors carry similar weight in credit
consideration. 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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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SCs 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%)