MIRA INFORM REPORT

 

 

Report Date :

04.08.2012

 

IDENTIFICATION DETAILS

 

Name :

KENWELL  (HONG  KONG)  LTD.

 

 

Registered Office :

9/F., Henan Building, 19 Laurd Road, Wanchai

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

07.05.2008

 

 

Com. Reg. No.:

39523031

 

 

Legal Form :

Private Limited Liability

 

 

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

 

KENWELL  (HONG  KONG)  LTD.

 

 

Company ADDRESS

 

Registered Office:-

c/o Nova Business Centre

9/F., Henan Building, 19 Laurd Road, Wanchai, Hong Kong.

[Tel: 3180 7654;  Fax: 3180 7845]

 

 

BUSINESS REGISTRATION NUMBER

 

39523031

 

 

COMPANY FILE NUMBER

 

1235128

 

 

DATE OF INCORPORATION

 

7th May, 2008.

 

 

CAPITAL

 

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

 

Issued Share Capital: HK$1.00

 

 

SHAREHOLDER  

(As per registry dated 07-05-2012)

Name

 

No. of share

Martha Lucia DIAZ ARELLANO

 

1

=

 

 

DIRECTOR    

(As per registry dated 07-05-2010)

Name

(Nationality)

 

Address

Martha Lucia DIAZ ARELLANO

G/F., 98C, Nam Shan Village, Sai Kung, New Territories, Hong Kong.

 

 

SECRETARY 

(As per registry dated 07-05-2012)

Name

Address

Co. No.

Nova Business Services Ltd.

9/F., Henan Building, 19 Luard Road, Wanchai, Hong Kong.

1344280

 

 

GENERAL

 

Kenwell (Hong Kong) Ltd. was incorporated on 7th May, 2008 as a private limited liability company under the Hong Kong Companies Ordinance.

The subject has no office in Hong Kong.  Is registered office is in the operating office of a secretarial firm Nova Business Services Ltd. [NBSL].

Formerly, its registered office was in a commercial service firm located at Room 1301, 13/F., Blissful Building, 243-247 Des Voeux Road Central, Hong Kong known as S & G Secretarial Service Ltd., moved to 9/F., Henan Building, 19 Laurd Road, Wanchai, Hong Kong in May 2011.  This office in fact is the operating office of NBSL.  NBSL provides serviced offices, virtual offices, and professional secretarial offices to its clients.  A staff member of NBSL told us that the subject is one of its customers.

NBSL provides virtual office and correspondences service (for business letters) to the subject.  She said that the responsible person of the subject company occasionally came back to collect letters.  However, she refused to disclose any further information about the subject.

The subject has no employees in Hong Kong.

Your given phone number 852-3180 7654 and fax number 852-3180 7845 belong to NBSL.

According to the Companies Registry of Hong Kong, the subject has issued 1 ordinary share of HK$1.00 which is owned by Mr. Martha Lucia Diaz Arellano who is the Republic of Colombia passport holder.  Currently, he is the only director of the subject and residing in Hong Kong.  Diaz Arellano is also a Hong Kong ID Card holder and has got the right to reside in Hong Kong permanently

The subject’s lines of business are unknown since the secretarial firm knows nothing about it.

The director of the subject cannot be reached.

The subject’s business is chiefly handled by Diaz Arellano and his family members.  Business is not very active.  History in Hong Kong is just over four years.

Since the subject does not have its own operating office 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.56.08

UK Pound

1

Rs.87.02

Euro

1

Rs.68.36

 

 

INFORMATION DETAILS

 

Report Prepared by :

PDT

 

 

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.