MIRA INFORM
REPORT
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Report Date : |
08.04.2011 |
IDENTIFICATION DETAILS
|
Name : |
TELECOM
LINK LTD. |
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Registered Office : |
c/o
Buttar.HK Ltd., Unit T, 1/F., |
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Country : |
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Date of Incorporation : |
16.07.2010 |
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Com. Reg. No.: |
52670843 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Importer, Exporter and Wholesaler of all kinds mobile phones
and accessories, etc |
RATING & COMMENTS
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MIRAs Rating : |
Nb |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
---- |
NB |
New Business |
---- |
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Status : |
New Business |
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Payment
Behaviour : |
Unknown |
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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 |
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Moderate |
B1 |
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High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company
name
TELECOM LINK LTD.
Company
ADDRESS
c/o Buttar.HK Ltd.
Unit T, 1/F.,
PHONE: 2312 0148
FAX: 375 6513
MANAGEMENT
Managing Director: Mr. Kishor Ahuja
SUMMARY
Incorporated on: 16th July, 2010.
Organization: Private Limited Company.
Capital: Nominal: HK$10,000.00
Issued: HK$10,000.00
Business Category: Importer, Exporter and Wholesaler.
Employees: Nil.
Main Dealing Banker: The Hongkong & Shanghai Banking Corp.
Ltd.,
Banking Relation: Satisfactory.
Company
ADDRESS
Registered Head
Office:-
c/o Buttar.HK Ltd.
Unit T, 1/F.,
BUSINESS
REGISTRATION NUMBER
52670843
COMPANY
FILE NUMBER
1481393
MANAGEMENT
Managing Director: Mr. Kishor Ahuja
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 26-07-2010)
|
Name |
|
No. of shares |
|
Company
Kit Secretarial Services Ltd., |
|
1 |
|
Kishor AHUJA |
|
9,999 |
|
|
|
|
|
|
Total: |
10,000 ===== |
DIRECTOR
(As per registry dated 26-07-2010)
|
Name (Nationality) |
Address |
|
Kishor AHUJA |
S-1/174 Sec-1, Old Mahavir
Nagar, Tilak Nagar, Delhi-110018, |
SECRETARY
(As per registry dated 26-07-2010)
|
Name |
Address |
|
|
Buttar.HK Ltd. |
1/F., |
0975326 |
HISTORY
The subject was incorporated on 16th July, 2010 as a private limited liability company under the Hong Kong Companies Ordinance.
Initially the subject was located at 6/F., Shun On Commercial Building, 112‑114 Des Voeux Road Central, Hong Kong, moved to the present address with effect from 26th July, 2010.
Apart from these, neither material change nor amendment has been ever traced and noted.
OPERATIONS
Activities: Importer, Exporter and Wholesaler.
Lines: All kinds mobile phones and accessories, etc.
Employees: Nil.
Commodities Imported:
Markets: Hong Kong, other Asian
countries, the
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$10,000.00
Alternation of Capital:-
|
16-07-2010 |
paid up |
HK$ 1.00 |
|
26-07-2010 |
paid up |
HK$ 9,999.00 |
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|
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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
Having
issued 10,000 ordinary shares of HK$1.00 each, Telecom Link Ltd. is wholly
owned by Mr. Kishor Ahuja who is an Indian.
He is an
The subject does not have its own operating office. Its registered office is in a business centre located at Unit T, 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.
Formerly its 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 26th July, 2010 as it has changed it commercial service provider.
The subject is a mobile phone trader. It also trades in accessories of mobile phone such as batteries.
The
subject has registered with the Office of the Telecommunications Authority
[OFTA], The Government of Hong Kong SAR, the Peoples Republic of
The subject is trading in all kinds of mobile phones and accessories. It is carrying GSM/PCS mobile phones and accessories such as Motorola, Nokia, Sony Ericsson, Samsung, LG, Sharp, Panasonic/NEC, etc.
It
is likely that the subject has got an associated company in
The
subjects 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 |
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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 |
|
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 |
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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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.