MIRA INFORM REPORT

 

 

Report Date :           

23.04.2012

 

IDENTIFICATION DETAILS

 

Name :

GLOBAL  WISDOM  INTERNATIONAL  LTD.

 

 

Registered Office :

c/o Lodestar Secretaries Ltd., 13/F., Wah Kit Commercial Centre, 302 Des Voeux Road Central

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

16.11.2007

 

 

Com. Reg. No.:

38763955

 

 

Legal Form :

38763955

 

 

Line of Business :

Not Available

 

 

No. of Employees :

Not Available

 

 

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 :

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 – March 31st, 2012

 

Country Name

Previous Rating

                   (31.12.2011)                  

Current Rating

(31.03.2012)

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

 

GLOBAL  WISDOM  INTERNATIONAL  LTD.

 

 

Company ADDRESS

 

Registered Office:-

c/o Lodestar Secretaries Ltd.

13/F., Wah Kit Commercial Centre, 302 Des Voeux Road Central, Hong Kong.

 

 

BUSINESS REGISTRATION NUMBER

 

38763955

 

 

COMPANY FILE NUMBER

 

1186191

 

 

DATE OF INCORPORATION

 

16th November, 2007.

 

 

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

 

 

SHAREHOLDERS

(As per registry dated 16-11-2011)

 

Name

 

No. of shares

Manish GUPTA

 

4,000

Shikha GUPTA

 

6,000

 

 

––––––

 

Total:

10,000

=====

 

 

DIRECTORS  

(As per registry dated 16-11-2011)

 

Name

(Nationality)

 

Address

Shikha GUPTA

C176 Greater Kailash, Part-1, New Delhi 110048, India.

 

Manish GUPTA

C176 Greater Kailash, Part-1, New Delhi 110048, India.

 

 

SECRETARY

(As per registry dated 16-11-2011)

 

Name

Address

Co. No.

Lodestar Secretaries Ltd.

13/F., Wah Kit Commercial Centre, 302 Des Voeux Road Central, Hong Kong.

0113023

 

 

GENERAL

 

Global Wisdom International Ltd. was incorporated on 16th November, 2007 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 secretarial service firm located at 13/F., Wah Kit Commercial Centre, 302 Des Voeux Road Central, Hong Kong known as Lodestar Secretaries Ltd. which is handling its correspondences and documents.  Lodestar Secretaries Ltd. is also the corporate secretary of the subject.

The subject has no employees in Hong Kong.

According to the Companies Registry of Hong Kong, the subject has issued 10,000 ordinary shares of HK$1.00 each of which 40% are owned by Mr. Manish Gupta, and 60% are owned by Shikha Gupta.  The two Guptas are India merchants and currently residing in New Delhi, India.  Being India passport holders, they are also directors of the subject.

The subject’s lines of business are unknown since the secretarial firm declined to divulge any information about it.  The two shareholders also cannot be reached as they are in India.  No information of the subject can be obtained from our secondary sources.  It is likely that the subject has got an associated company in India which is also operated by the two Guptas.  It is likely that the subject and its India firm are diamond traders.

The India 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 India firm also exports and exports commodities 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 four years and a month.

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.51.99

UK Pound

1

Rs.83.54

Euro

1

Rs.63.40

 

 

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.