MIRA INFORM REPORT

 

 

Report Date :

14.10.2011

 

IDENTIFICATION DETAILS

 

Name :

AWESOME  TECHWORLD  LTD.

 

 

Registered Office :

C/o Louis Lai Co. Secretarial Services Ltd.

9/F., Surson Commercial Building, 140-142 Austin Road, Tsimshatsui, Kowloon

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

17.05.2011

 

 

Com. Reg. No.:

58362583

 

 

Legal Form :

Private Limited Liability Company

 

 

LINE OF BUSINESS :

TRADING IN GSM/PCS MOBILE PHONES AND ACCESSORIES

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

--

NB

                                       New Business

 

--

 

Status :

New Company

 

 

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Hong Kong

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name and address

 

AWESOME  TECHWORLD  LTD.

 

ADDRESS:

 

Registered Office:-

c/o Louis Lai Co. Secretarial Services Ltd.

9/F., Surson Commercial Building, 140-142 Austin Road, Tsimshatsui, Kowloon, Hong Kong.

 

[Phone: 2314 3668;  Fax: 2199 7822]

 

 

BUSINESS REGISTRATION NUMBER 

 

58362583

 

 

COMPANY FILE NUMBER

 

1601410

 

 

DATE OF INCORPORATION 

 

17th May, 2011.

 

 

CAPITAL

 

Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)

 

Issued Share Capital: HK$1,000.00

 

 

SHAREHOLDER

(As per registry dated 17-05-2011)

 

Name

 

No. of shares

Ahimsa International Inc.

263 Main Street, P.O. Box 2196, Road Town, Tortola, British Virgin Islands.

 

1,000

====

 

DIRECTOR    

(As per registry dated 17-05-2011)

 

Name

(Nationality)

 

Address

Ahimsa International Inc.

263 Main Street, P.O. Box 2196, Road Town, Tortola, British Virgin Islands.

 

 

SECRETARY

(As per registry dated 17-05-2011)

 

Name

Address

Co. No.

Louis Lai Company Secretarial Services Ltd.

9/F., Surson Commercial Building, 140‑142 Austin Road, Tsimshatsui, Kowloon, Hong Kong.

0686503

 

 

GENERAL

 

Awesome Techworld Ltd. was incorporated on 17th May, 2011 as a private limited liability company under the Hong Kong Companies Ordinance.

The subject does not have its own operating office.  Its registered office is in an accountant firm located at ‘9/F., Surson Commercial Building, 140‑142 Austin Road, Tsimshatsui, Kowloon, Hong Kong.’ known as ‘Louis Lai Co. Secretarial Services Ltd.’ which is handling its correspondences and documents.  This firm is also the corporate secretary of the subject.

Your given phone number 852-2314 0448 is the contact number of a Hong Kong-registered firm Landmark Exim (Hong Kong) Co.  The owner is Mr. Sitaram Agarwal Ram who is an Indian.  However, we cannot reach him.

The subject has no employees in Hong Kong.

According to the Companies Registry of Hong Kong, the subject has issued 1,000 ordinary share of HK$1.00 each which are wholly owned by Ahimsa International Inc. which is a BVI-registered firm.  Ahimsa International Inc. is also the director of the subject.

The managing personnel of the subject cannot be reached as the shareholder and director of the subject is just a BVI-registered firm.

Incorporated in May 2011, the subject is trading in GSM/PCS mobile phones and accessories.  Significant brands carried such as Motorola, Nokia, Ericsson, Samsung, Philips, Siemens, etc.

The subject also trades in batteries, battery chargers, and other accessories.

The subject has registered with the Office of the Telecommunications Authority (OFTA), The Government of Hong Kong SAR, the People’s Republic of China as a Radio Dealer (Unrestricted) Licensee.  The subject bears the licence No. of RU00148836 - RU.

The subject has been banking with The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.

The history of the subject in Hong Kong is just over four months.

Since the subject does not have its own operating office, history is short and has no employees in Hong Kong, consider it good for business engagements on L/C basis.

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.02

UK Pound

1

Rs.77.13

Euro

1

Rs.67.55

 

 

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

--

NB

                                       New Business

 

--

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.