MIRA INFORM REPORT

 

 

Report Date :           

24.04.2012

 

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 Trace

 

 

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, 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

 

HONGKONG  PALOMA  CHEMICALS  CO.  LTD.

 

 

GIVEN ADDRESS

 

11/F., Wing Tat Commercial Building, 97 Bonham Strand East, Sheung Wan, Hong Kong.

 

 

GENERAL

 

1.    As per Companies Registry, there is no such name registered in their file.  None of company was registered and headed with “Hong Kong Paloma…..”. 

2.    According to Business Registration Office, the name of the subject is also not found in the database.

3.    Our on-site investigator revealed that your given address 11/F., Wing Tat Commercial Building, 97 Bonham Strand East, Sheung Wan, Hong Kong is a 15-storey office building.  There are four units (A, B, C & D) on 11/F.  However, no company signboard was found in the entrance of Units A, B, C & D on 11/F.  We are unable to confirm the subject’s location as your given address was incomplete without Unit Number.  The name of “Hongkong Paloma Chemicals Co. Ltd.” cannot be found on the Building Directory Board in the Lobby. 

4.    The captioned name is not listed in any available telephone and commercial directories, and is also unknown to other usual sources consulted.

5.    Nothing of an adverse nature has been recorded in our database against the subject.

6.    According to the secondary sources, the name of “Hongkong Paloma Chemicals Co. Ltd.” can be found in the internet with its own web page and details as follow:-

Name:  Hongkong Paloma Chemicals Co. Ltd.  [HKPC]

Address:  11/F., Wing Tat Commercial Building, 97 Bonham Strand East, Sheung Wan, Hong Kong.

Phone Number:  8197 6932

Fax Number:  2544 5670

HKPC claimed itself was a chemical material manufacturer which was set up in 1972 with almost 40 years’ experience in dealing water treatment chemicals, rubber and plastic chemicals, paints and pigment materials, textile chemicals, abstersion chemicals, etc.

7.    The phone number: 8197 6932 is a personal mobile phone number.  It can be connected to an answering machine and replied as follow:-

“The person you are trying to reach is not available.  Please leave a message after the beep.”

Messages have been left, requesting they contact this office, however to date replies have not been received.

8.    The Fax Number: 2544 5670 is belonged to a company known as Sky Charm Secretarial Services Ltd. with details as follow:-

Name:  Sky Charm Secretarial Services Ltd.  [Sky Charm]

Address:  Unit E, 3/F., Wing Tat Commercial Building, 97 Bonham Strand East, Sheung Wan, Hong Kong.

Phone Number:  2815 0191

Fax Number:  2544 5670

Email:  info@skycharm.hk

9.    A staff from Sky Charm informed us that they have relocated from Unit D, 11/F. to Unit E, 3/F., Wing Tat Commercial Building in August 2011.  They provided company secretarial services and registered office services to its customers.  He refused to disclose if the subject company was one of their customers but emphasized that they offered correspondences services to many of its overseas clients.

10. Another source revealed that HKPC was a fake company.  It has involved in some fraud cases.  However, we are unable to confirm if the news was true or just a rumor.

In view of the lack of information, we have no basis upon which to recommend credit ratings.  Any business dealings with the subject are considered not advisable.

 

Important Note:

Kindly provide us with additional information such as Correct Name, Address, Contact Details, Name of Contact Person or a copy of the Upper Part of Letterhead within 15 days of receiving this report, a would be sent without any additional cost.

 

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.