MIRA INFORM
REPORT
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Report Date : |
24.02.2011 |
IDENTIFICATION DETAILS
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Name : |
VERILY
INTERNATIONAL LTD. |
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Registered Office : |
Room 1507, Emperor Group Centre, |
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Country : |
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Date of Incorporation : |
---- |
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Com. Reg. No.: |
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Legal Form : |
---- |
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Line of Business : |
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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 : |
No Such company
Registered |
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Payment
Behaviour : |
---- |
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Litigation : |
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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 – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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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
VERILY
INTERNATIONAL LTD.
GIVEN ADDRESS
Flat
No. 1507, Emperor Gr Ctr 288,
(Should
be written as Room 1507, Emperor Group Centre,
Given Phone Number: 3764 1989
GENERAL
1. As per Companies Registry, there is no such name registered in their file. We found that there are 4 company names registered and headed with “Verily” with details as follow:-
1) Name: Verily Heart Ltd.
File Number: 0249268
Company Type: Local Company
Date of Incorporation: 18-04-1989
Company Status: Private
Active Status: Dissolved
2) Name: Verily Industrial (HK) Ltd.
File Number: 1552481
Company Type: Local Company
Date of Incorporation: 31-12-2009
Company Status: Private
Active Status: Live
3) Name: Verily Keen
File Number: 0290591
Company Type: Local Company
Date of Incorporation: 30-10-1990
Company Status: Private
Active Status: Dissolved
4) Name: Verily Well International Ltd.
File Number: 0251823
Company Type: Local Company
Date of Incorporation: 09-05-1989
Company Status: Private
Active Status: Dissolved
However, the registered offices are not matched with your given address.
2. According to Business Registration Office, the name of the subject is not found in the database.
3. Our on-site investigator reported that your given address Room 1507, Emperor Group Centre, 288 Hennessy Road, Wanchai, Hong Kong is occupied by a company called Andy L.B. Tsin & Co. [ALBT] with details as follow:-
Name: Andy L.B. Tsin & Co.
Address: Room 1507, 15/F., Emperor Group Centre,
Telephone Number: 2121 8785
Fax Number: 2574 2060
Email: andy@hkauditors.com
4. As far as we know, ALBT is a certified public accountant engaged in the provisions of various professional services such as auditing, taxation, company secretarial, accounting and management consultancy, etc. A staff from ALBT confirmed that the subject company is one of their customers. However, she declined to disclose more information about the subject.
5. Your given phone number 3764 1989 is not a valid phone number. It is directly connected to a fax machine.
6. We believe the subject company
is an offshore company and was registered somewhere outside
7. The name of the subject is not listed in any available telephone and commercial directories and also is unknown to other sources consulted.
8. No legal actions were traced against the subject during the course of this investigation.
In view of the lack of information, we have no basis upon which to recommend credit dealings.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.20 |
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1 |
Rs.73.17 |
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Euro |
1 |
Rs.61.88 |
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 |
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.