MIRA INFORM REPORT

 

 

Report Date :

17.02.2012

 

IDENTIFICATION DETAILS

 

Name :

HONG  KONG  CHEMITEX  ENTERPRISE  LTD.

 

 

Registered Office :

c/o Henda Secretaries & Nominees Ltd.

Room 301-302, 3/F., Hang Seng Wanchai Building, 200 Hennessy Road, Wanchai

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

21.06.2011

 

 

Com. Reg. No.:

58539988

 

 

Legal Form :

Private Limited Liability

 

 

Line of Business :

Not Available

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

--

NB

                                       New Business

 

--

 

Status :

New company

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 – September 30, 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

                                                                                    

HONG  KONG  CHEMITEX  ENTERPRISE  LTD.

 

company ADDRESS

 

Registered Office:-

c/o Henda Secretaries & Nominees Ltd.

Room 301-302, 3/F., Hang Seng Wanchai Building, 200 Hennessy Road, Wanchai, Hong Kong.

[Tel: 2861 0885;  Fax: 2861 0802]

 

 

BUSINESS REGISTRATION NUMBER

 

58539988

 

 

COMPANY FILE NUMBER 

 

1619055

 

 

DATE OF INCORPORATION 

 

21st June, 2011.

 

 

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 21-06-2011)

Name

 

No. of shares

Marcelo Pires Ferreira COELHO

 

10,000

=====

 

DIRECTOR

 

(As per registry dated 21-06-2011)

Name

(Nationality)

 

Address

Marcelo Pires Ferreira COELHO

Room 301-302, 3/F., Hang Seng Wanchai Building, 200 Hennessy Road, Wanchai, Hong Kong.

 

 

SECRETARY

 

(As per registry dated 21-06-2011)

Name

Address

Co. No.

Henda Secretaries & Nominees Ltd.

Room 301-302, 3/F., Hang Seng Wanchai Building, 200 Hennessy Road, Wanchai, Hong Kong.

0688215

 

 

GENERAL

 

Hong Kong Chemitex Enterprise Ltd. was incorporated on 21st June, 2011 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 301-302, 3/F., Hang Seng Wanchai Building, 200 Hennessy Road, Wanchai, Hong Kong known as Henda Secretaries & Nominees Ltd. which is handling its correspondences and documents.  This firm 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 which are wholly-owned by Mr. Marcelo Pires Ferreira Coelho who is a Brazil passport holder and does not have the right to reside in Hong Kong permanently.  He is also the only director of the subject.  The shareholder of the subject cannot be reached.

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

It is likely that the subject has got an associated company in Brazil which is also operated by Coelho.

It is also likely that the Brazil 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 Brazil 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 just over seven months.

Since the subject does not have its own operating office, history is short 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.49.25

UK Pound

1

Rs.77.45

Euro

1

Rs.64.89

 

 

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.