MIRA INFORM
REPORT
|
Report Date : |
08.04.2011 |
IDENTIFICATION DETAILS
|
Name : |
EVER
NICE INTERNATIONAL TRADING
LTD. |
|
|
|
|
Registered Office : |
C/O Buttar.HK Ltd., Unit E, 1/F., |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
11.08.2010 |
|
|
|
|
Com. Reg. No.: |
53028764 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Importer, Exporter and Wholesaler of all kinds of diamonds, etc. |
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 : |
New Business |
|
|
|
|
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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
|
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company
name
EVER NICE INTERNATIONAL
TRADING LTD.
Company
ADDRESS
c/o Buttar.HK Ltd.
Unit E, 1/F.,
PHONE: 2312 0148
FAX: 275 6513
MANAGEMENT
Managing Director: Mr. Charan Singh
SUMMARY
Incorporated on: 11th August, 2010.
Organization: Private Limited Company.
Capital: Nominal: HK$10,000.00
Issued: HK$10,000.00
Business Category: Diamond Trader.
Employees: Nil.
Main Dealing Banker: The Hongkong & Shanghai Banking Corp.
Ltd.,
Banking Relation: Too early to comment.
Company
ADDRESS
Registered Head Office:-
c/o Buttar.HK Ltd.
Unit E, 1/F.,
Associated Company:-
Ever Million Gold Ltd.,
BUSINESS
REGISTRATION NUMBER
53028764
COMPANY
FILE NUMBER
1492004
MANAGEMENT
Managing Director: Mr. Charan Singh
CAPITAL
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)
Issued Share Capital: HK$10,000.00
SHAREHOLDERS
(As per registry dated 28-09-2010)
|
Name |
|
No. of shares |
|
Company
Kit Secretarial Services Ltd., |
|
1 |
|
Charan SINGH |
|
9,999 |
|
|
|
–––––– |
|
|
Total: |
10,000 ===== |
DIRECTOR
(As per registry dated 28-09-2010)
|
Name (Nationality) |
Address |
|
Charan SINGH |
E-37, G/F., Gali No. 3 |
SECRETARY
(As per registry dated 28-09-2010)
|
Name |
Address |
|
|
Buttar.HK Ltd. |
1/F., |
0975326 |
HISTORY
The subject was incorporated on 11th August, 2010 as a private limited liability company under the Hong Kong Companies Ordinance.
Initially the subject’s registered office was in a commercial service provider located at 6/F., Shun On Commercial Building, 112-114 Des Voeux Road Central, Hong Kong known as Company Kit Registrations Ltd. which had handled its correspondences and documents. The subject changed its registered address to the present one with effect from 28th September, 2010 as it has changed it commercial service provider.
Apart from these, neither material change nor amendment has been ever traced and noted.
OPERATIONS
Activities: Importer, Exporter and Wholesaler.
Lines: All kinds of diamonds, etc.
Employees: Nil.
Commodities Imported:
Markets:
Terms/Sales: L/C, T/T, etc.
Terms/Buying: L/C, T/T, etc.
FINANCIAL
INFORMATION
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)
Issued Share Capital: HK$10,000.00
Alternation of Capital:-
|
11-08-2010 |
paid up |
HK$ 1.00 |
|
28-09-2010 |
paid up |
HK$ 9,999.00 |
|
|
|
–––––––––––– |
|
Total: |
paid up |
HK$ 10,000.00 =========== |
Profit or Loss: Too early to offer an opinion.
Condition: Business is under development.
Facilities: Making fairly active use of general banking facilities.
Payment: Met trade commitments as required.
Commercial Morality: Too early to comment.
Banker: The
Hongkong & Shanghai Banking Corp. Ltd.,
Standing: Small.
GENERAL
Ever
Nice International Trading Ltd. is wholly-owned by Mr. Charan Singh who is an
Indian. He is an
The subject does not have its own operating office. Its registered office is in a commercial service firm located at Unit E, 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
Besides operating the subject, Singh is operating another firm known as Ever Million Gold Ltd. [EMGL]. EMGL was incorporated on 2nd September, 2010 as a private limited liability company under the Hong Kong Companies Ordinance.
The registered office of EMGL is in a commercial service provider located at 20/F., Champion Building, 287-291 Des Voeux Road Central, Sheung Wan, Hong Kong known as Akin Professionals Ltd. which is handling its correspondences and documents. Akin Professionals Ltd. is an associated company of Akin CPA Ltd. which is an accountant firm located at the above‑mentioned address.
EMGL and the subject are engaged in the same lines of business.
The subject’s lines of business are unknown since the secretarial firm declined to divulge any information about it.
It
is likely that the subject is a diamond trader.
It is also likely that the subject has got an associated company in
It
is likely that the
The
subject’s business in
Since
the subject does not have its own operating office and has no employees in
COURT CASES: None per our.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.22 |
|
|
1 |
Rs.71.97 |
|
Euro |
1 |
Rs.63.23 |
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 |
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.