MIRA INFORM REPORT

 

 

Report Date :           

03.08.2011

 

IDENTIFICATION DETAILS

 

Name :

IRONY  (HONG  KONG)  LTD.

 

 

Registered Office :

C/o Gurung & Shum Business Solutions Ltd., Room 406B, 4/F., Mirror Tower, 61 Mody Road, Tsimshatsui East, Kowloon

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

03.03.2010

 

 

Com. Reg. No.:

51871020

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

----

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

No Operating Office

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Hong Kong

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 Bottom of Form

 

Company name

 

IRONY  (HONG  KONG)  LTD.

 

 

Company ADDRESS

 

Registered Office:-

c/o Gurung & Shum Business Solutions Ltd.

Room 406B, 4/F., Mirror Tower, 61 Mody Road, Tsimshatsui East, Kowloon, Hong Kong.

[Tel: 3749 9221;  Fax: 3747 5784]

 

Associated Company:-

Nisha International Network Ltd., Hong Kong.  (Same address)

 

 

BUSINESS REGISTRATION NUMBER

 

51871020

 

 

COMPANY FILE NUMBER

 

1425766

 

 

DATE OF INCORPORATION

 

3rd March, 2010.

 

 

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 03-03-2011)

 

Name

 

No. of shares

Tamang Mani RAM

 

10,000

=====

 

 

DIRECTOR    

(As per registry dated 11-04-2011)

 

Name

(Nationality)

 

Address

Ramjee Prasad PAUDEL

2/F., 1-3 Swatow Street, Wanchai, Hong Kong.

 

 

SECRETARY

(As per registry dated 03-03-2011)

 

Name

Address

Co. No.

Gurung & Shum Business Solutions Ltd.

Room 406B, 4/F., Mirror Tower, 61 Mody Road, Tsimshatsui East, Kowloon, Hong Kong.

1348317

 

 

GENERAL

 

Irony (Hong Kong) Ltd. was incorporated on 3rd March, 2010 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 a commercial service firm located at Room 406B, 4/F., Mirror Tower, 61 Mody Road, Tsimshatsui East, Kowloon, Hong Kong known as Gurung & Shum Business Solutions Ltd. which is handling its correspondences and documents.  This firm is also the corporate secretary of the subject.

The subject’s operating address is unknown.  It is likely that 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 which are wholly owned by Mr. Tamang Mani Ram who is residing in Hong Kong.  The director of the subject Ramjee Prasad Paudel is a Hong Kong ID Card holder and has got the right to reside in Hong Kong permanently.  To our knowledge, Paudel is also the director of Nisha International Network Ltd. which is a Hong Kong-registered company.  This firm is also located at the above-mentioned address.

The subject’s lines of business are unknown since the secretarial firm declined to divulge any information about it.  Both of the director and shareholder of the subject cannot be reached although they are residing in Hong Kong.

The history of the subject in Hong Kong is just over a year and five months.

Since the subject does not have its own operating office and has no employees in Hong Kong, background is unknown to us, consider it good for business engagements on secured terms.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.23

UK Pound

1

Rs.72.09

Euro

1

Rs.62.99

 

 

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%)

 

 

 

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