MIRA INFORM REPORT
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Report Date : |
16.05.2011 |
IDENTIFICATION DETAILS
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Name : |
CARONA INTERNATIONAL LIMITED |
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Registered Office : |
Room 1113, Zhongrong Plaza, No. 1088 Pudong South Road, Shanghai, 200120 Pr |
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Country : |
China |
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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 : |
Not Registered in China |
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Payment
Behaviour : |
-- |
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Litigation : |
-- |
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
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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China |
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 & address
CARONA
INTERNATIONAL LIMITED
room 1113, zhongrong plaza, no. 1088 pudong south
road,
shanghai, 200120 PR CHINA
TEL: 86 (0) 21-58772020/68596699 FAX: N/A
Narrative report:
This refers to a type of report whose format is different from that of a
standard report. Such type of report is provided when:
l
Information obtained is insufficient for compiling
a standard report.
l
The enquired co has been out of business or its
business address has been untraceable.
It should be noted that the time and manpower spent on preparing such
type of report might be greater than those on a standard report. On many
occasions, the information in this type of report still indicates the current
status of the enquired co. and serves as a useful reference to assess its
credit standing.
According to the heading tel. no., we get in touch with Mr. Gu
(Stephen).
He admitted the given name Carona International Limited and released
that SC is registered in Seychelles.
Internet sources indicated that SC is mainly
engaged in importing and exporting chemical products.
Mr. Gu’s mobile number is 86 13816558544.
According to the Chinese name卡罗娜国际有限公司, investigations were made with Shanghai Administration for Industry & Commerce (AIC - The official body of issuing and renewing business license); however, no record was found.
SC is not known to host web site of its own at present.
E-mail: Stephengu@carona-intl.com
The
address client provided is:
Room 1113, Zhongrong Plaza, No. 1088 Pudong South Road, Shanghai
According to SC’s employee, SC’s office is located in the above stated
address, and they also released that SC’s another office is located in “Room
1413, Zhongrong Plaza”.
In view of the investigation results, caution is advised related to
dealings with persons claiming to represent such an entity, and C.O.D. is
recommended.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.91 |
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UK Pound |
1 |
Rs.73.06 |
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Euro |
1 |
Rs.64.03 |
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 |
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NB |
New Business |
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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.