MIRA INFORM REPORT

 

 

Report Date :           

17.10.2011

 

IDENTIFICATION DETAILS

 

Name :

ATLANTE  LTD.

 

 

Registered Office :

c/o Henry Law & Co. Ltd., Room 301-2, Hang Seng Wanchai Building, 3/F., No. 200 Hennessy Road, Wanchai

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

18.12.2008

 

 

Com. Reg. No.:

50122042

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

----

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

No Operating office in Hong Kong

 

 

Payment Behaviour :

----

 

 

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 – September 30th, 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

 

ATLANTE  LTD.

 

 

Company ADDRESS

Registered Office:-

c/o Henry Law & Co. Ltd.

Room 301-2, Hang Seng Wanchai Building, 3/F., No. 200 Hennessy Road, Wanchai, Hong Kong.

[Tel: 2861 0885;  Fax: 2861 0802]

 

 

BUSINESS REGISTRATION NUMBER

 

50122042

 

 

COMPANY FILE NUMBER

 

1295428

 

 

DATE OF INCORPORATION

 

18th December, 2008.

 

 

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

 

 

SHAREHOLDER  

(As per registry dated 18-12-2010)

 

Name

 

No. of shares

Gilles, Louis RENAUD

 

10,000

=====

 

 

DIRECTOR

(As per registry dated 18-12-2010)

 

Name

(Nationality)

 

Address

Gilles, Louis RENAUD

21 route de Breignes, 01640 Jujurieux, France.

 

 

SECRETARY 

(As per registry dated 18-12-2010)

 

Name

Address

Co. No.

Henda Secretaries & Nominees Ltd.

Room 301-2, 3/F., Hang Seng Wanchai Building, No. 200 Hennessy Road, Wanchai, Hong Kong.

0688215

 

 

GENERAL

 

Atlante Ltd. was incorporated on 18th December, 2008 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 ‘Room 301-2, 3/F., Hang Seng Wanchai Building, No. 200 Hennessy Road, Wanchai, Hong Kong’ known as ‘Henry Law & Co. Ltd.’ which is handling its correspondences and documents.  Its corporate secretary is Henda Secretaries & Nominees Ltd. which is an associated company of the accountant firm and located at the same address.

The subject has no employees in Hong Kong.

According to the Companies Registry of Hong Kong, the subject has issued 10,000 ordinary share of HK$1.00 each which are wholly-owned by Gilles, Louis Renaud who is French.  He is a France passport holder.  He is also the only director of the subject.  Currently is residing in France.

The subject’s lines of business are unknown since the accountant firm declined to divulge any information about it.

The shareholder of the subject cannot be reached as he is in France.

It is likely that the subject has got an affiliated company in France which is also operated by Renaud.

It is also likely that the France firm deals with foreign parties under the name of the subject and let foreign firms correspond with the subject’s registered address in Hong Kong.  The France firm also exports commodities to foreign markets under the name of the subject and its registered address in Hong Kong.

The subject’s business in Hong Kong is not active.  History in Hong Kong is over two years and ten months.

Since the subject does not have its own operating office and has no employees in Hong Kong, consider it good for business engagements on secured basis.

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.07

UK Pound

1

Rs.77.42

Euro

1

Rs.67.72

 

 

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.