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Report Date : |
11.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
BEST
GLORY (H.K.) LTD. |
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Registered Office : |
c/o Taxbase
Consultants Ltd., Room 1426, 14/F., |
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Country : |
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Date of Incorporation : |
27.07.2011 |
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Com. Reg. No.: |
58794922 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Not Available |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
---- |
NB |
New Business |
---- |
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Status : |
New company |
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Payment Behaviour : |
Unknown |
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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 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
BEST GLORY
(H.K.) LTD.
Registered
Office:-
c/o Taxbase Consultants Ltd.
Room 1426, 14/F., Hollywood Plaza, 610 Nathan Road, Kowloon, Hong Kong.
58794922
1644475
27th July, 2011.
Nominal Share Capital: HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)
Issued Share Capital: HK$1.00
(As per registry
dated 27-07-2011)
|
Name |
|
No. of share |
|
Acota Services Ltd. Omc Chambers, Wickhams Cay 1, Road Town, Tortola, British Virgin Islands. |
|
1 = |
(As per registry
dated 13-10-2011)
|
Name (Nationality) |
Address |
|
Payal MUKHERJEE |
95/18, Bosepukur Road, Khelaghar Kolkata 700042, India. |
(As per registry
dated 13-10-2011)
|
Name |
Address |
Co.
No. |
|
Taxbase Consultants Ltd. |
Room 1426, 14/F., Hollywood Plaza, 610 Nathan Road, Kowloon, Hong Kong. |
0411324 |
Best Glory (H.K.) Ltd. was incorporated on 27th July, 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 1426, 14/F., Hollywood Plaza, 610 Nathan Road, Kowloon, Hong Kong” known as “Taxbase Consultants Ltd” [Taxbase] which is handling its correspondences and documents. Taxbase is the corporate secretary of the subject.
Formerly the subject’s registered address was located at “Room D, 3/F., Thomson Commercial Building, 8-10 Thomson Road, Wanchai, Hong Kong”, moved to the present address in October 2011.
The subject has no employees in Hong Kong.
According to the Companies Registry of Hong Kong, the subject has issued 1 ordinary shares of HK$1.00 each which are wholly-owned by Acota Service Ltd. which is a BVI-registered firm.
The director of the subject Mr. Payal Mukherjee is an Indian. He is also the only director of the subject. He is an India passport holder and does not have the right to reside in Hong Kong permanently.
The subject’s lines of business are unknown since the secretarial firm also does not know any information about it.
The director of the subject cannot be reached as he is in Kolkata, 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 Kolkata, India which is also operated by Mukherjee.
It is also likely that 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 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 about a year.
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.55.81 |
|
UK Pound |
1 |
Rs.86.53 |
|
Euro |
1 |
Rs.68.58 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.