MIRA
INFORM REPORT
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Report Date : |
09.01.2007 |
IDENTIFICATION
DETAILS
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Name : |
CHINA ALLIED LTD |
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Registered Office : |
Suite 1402, 1 Duddell St Central Hong
Kong |
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Country : |
Hong Kong |
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Date of Incorporation : |
07.05.2004 |
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Com. Reg. No.: |
0900019 |
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Legal Form : |
Offshore Company - Private Limited |
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Line of Business : |
Engaged
in corporate secretarial management services. |
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 : |
Offshore
Company |
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Payment Behaviour : |
Unknown
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Litigation : |
Clear |
name
CHINA ALLIED LTD
addrss
SUITE 1402, 1 DUDDELL ST CENTRAL HONG KONG,
HONG KONG
TEL: 852 23763611
FAX: 852
27365115
EXECUTIVE SUMMARY
INCORPORATION DATE :
MAY 7, 2004
REGISTRATION NO. :
0900019
CHIEF EXECUTIVE :
MR. JEETENDRA MANGILAL SHAH (CHAIRMAN)
STAFF STRENGTH :
N/A
CAPITAL :
US$ 1,287
BUSINESS LINE :
NOT APPLICABLE
TURNOVER :
N/A (AS OF DEC. 31, 2005)
EQUITIES :
N/A (AS OF DEC. 31, 2005)
PAYMENT :
NR
RECOMM. CREDIT RANGE :
NR
MARKET CONDITION :
COMPETITIVE
FINANCIAL CONDITION :
N/A
OPERATIONAL TREND : N/A
GENERAL REPUTATION :
N/A
EXCHNAGE RATE :
HKD 7. 79620 = US$1 AS OF 2007-1-9
Adopted abbreviations:
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
M - million
HKD Hong Kong Dollars
*Company
Registration*
===================
(1)
License
number : 0900019
Date
issued : 7 May, 2004
Issuing
authority : Companies Registry
Type of
license : Corporate
(2)
License
number : 34821967
Issuing
authority : Inland Revenue Department
Type of
license : Business
*Capital
Details*
============
Share
value : HKD 1.00/-each
Authorized
capital : HKD 10,000.00
Paid-up
capital : HKD 1.00
*Reputation*
==========
Due to
the fact that the subject company :
(i) Does not maintain an operational office in
Hong Kong
(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 two years there is no record of litigation.
*Major
Shareholders*
=================
Total
number of shareholder : 1
Total
number of shares : 1
Shareholder's
Name No of Shares Amount of Shares (HKD) %
of Shares
--------------------------- ----------------- ---------------------------------- -----------------
Mr.
Jeetendra Mangilal Shah
1
1.00
100.00
*Key
Personnel*
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Mr.
Jeetendra Mangilal Shah
HKID
no : A1682149
Address : 2, 2Fl Mallikarjunappa Lane
Ave Rd Cross Bangalore Karnataka 560002 India
Responsibilities : Registered as the key owner and operator
of the business.
*Operation
Status*
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Although
the Subject Company is a legally registered 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" their license on behalf of the 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 mail to owners, attend to license renewals, corporate levies and
related issues.
Company
Name : PRIMA SECRETARIES LTD
Address : Suite 1402, 1 Duddell St
Suburb : Central
City : Hong Kong
SC is
not known to have any subsidiary at present.
PAYMENT RATING : NR OBTAINED SCORES : 0
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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
Hong Kong corporate law, the Subject Company, is exempt from the provisions of
the Income Tax Act and therefore not obliged to disclose their financial
generated offshore.
Although
the Subject Business Entity is legally registered, it is currently only a
"shelf company" and maintains no known business activity. Therefore
it is not possible to apply the normal Credit Rating and Risk Analysis
algorithm.
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/normal. |
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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