MIRA INFORM REPORT

 

 

Report Date :

13.07.2012

 

IDENTIFICATION DETAILS

 

Name :

GAP  SERVICES  LTD.

 

 

Registered Office :

c/o Prima Secretaries Ltd., Suite 605, 6/F., China Insurance Group Building, 141 Des Voeux Road, Central

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

29.10.2009

 

 

Com. Reg. No.:

51433789

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Consultancy Service Provider of Software, computer peripherals, etc.

 

 

No. of Employees :

Not Available 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

No Complaints

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

 

GAP  SERVICES  LTD.

 

 

Company ADDRESS

 

c/o Prima Secretaries Ltd.

Suite 605, 6/F., China Insurance Group Building, 141 Des Voeux Road, Central, Hong Kong.

PHONE:            2376 3611

FAX:                 2736 5115

 

 

MANAGEMENT

 

Managing Director:  Mr. Anthony James Hywood

 

 

SUMMARY

 

Incorporated on:             29th October, 2009.

 

Organization:                 Private Limited Company.

 

Capital:                         Nominal:           HK$10,000.00

Issued:              HK$1.00

 

Business Category:        Consultancy Service Provider.

 

Employees:                   Nil.

 

Main Dealing Banker:     The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.

 

Banking Relation:           Satisfactory.


Company ADDRESS

 

Registered Head Office:-

c/o Prima Secretaries Ltd.

Suite 605, 6/F., China Insurance Group Building, 141 Des Voeux Road, Central, Hong Kong.

 

Associated Companies:-

Focus On Business (Thailand) Co. Ltd., Thailand.

Focus On Business Ltd., Hong Kong.

Focus On Business Ltd., New Zealand.

Focus On Business Ltd., UK.

Focus On Business Sdn. Bhd., Malaysia.

 

 

BUSINESS REGISTRATION NUMBER

 

51433789

 

 

COMPANY FILE NUMBER

 

1385635

 

 

MANAGEMENT

 

Managing Director:  Mr. Anthony James Hywood

 

 

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 29-10-2011)

 

Name

 

No. of share

Anthony James HYWOOD

 

1

=

 

DIRECTOR

(As per registry dated 29-10-2011)

 

Name

(Nationality)

 

Address

Anthony James HYWOOD

No. 2, Lorong Derumun, Damansara Heights, 50490 Kuala Lumpur, Malaysia.

 

SECRETARY 

(As per registry dated 29-10-2011)

 

Name

Address

Co. No.

Prima Secretaries Ltd.

Suite 605, 6/F., China Insurance Group Building, 141 Des Voeux Road Central, Hong Kong.

0569406

 

 

HISTORY

 

The subject was incorporated on 29th October, 2009 as a private limited liability company under the Hong Kong Companies Ordinance.

 

Apart from these, neither material change nor amendment has been ever traced and noted.

 

 

OPERATIONS

 

Activities:                      Consultancy Service Provider.

 

Lines:                           Software, computer peripherals, etc.

 

Employees:                   Nil.

 

Commodities Imported:   Europe, US, etc.

 

Markets:                       Asia, Australia, Europe, etc.

           

Terms/Sales:                 As per contracted.

 

Terms/Buying:               Various terms.

 

 


FINANCIAL INFORMATION

 

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

 

Issued Share Capital:     HK$1.00

 

Profit or Loss:                Keeping a balance account in Hong Kong.

 

Condition:                      Business is not active in Hong Kong.

 

Facilities:                      Making fairly active use of general banking facilities.

 

Payment:                      Met trade commitments as required.

 

Commercial Morality:     Satisfactory.

 

Banker:                         The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.

 

Standing:                      Small.

 

 

GENERAL

 

Having issued 1 ordinary share of HK$1.00, Gap Services Ltd. is wholly‑owned by Mr. Anthony James Hywood who is a UK passport holder and currently residing in Malaysia.

The subject does not have its own operating office.  Its registered office is in a commercial service firm located at “Suite 605, 6/F., China Insurance Group Building, 141 Des Voeux Road Central, Hong Kong” known as “Prima Secretaries Ltd.” which is handling its correspondences and documents.  Prima Secretaries Ltd. is also the corporate secretary of the subject.  Prima Secretaries Ltd. is a member of the Prima Group Ltd. which is also located at the above-mentioned address.  This firm has had other offices in Hong Kong.

The subject has no employees in Hong Kong.  It has had an associated company in Hong Kong known as “Focus On Business Ltd.” [FOBL]  This firm is one of the members of Focus On Business Group [FOB] with its headquarters in the United Kingdom.

The subject is engaged in the same lines of business as FOBL.

Based in Reigate of the United Kingdom and established in 1990, FOB designs and implements business process centric systems.  It has recently opened offices in Malaysia to supply and support systems in the Asia Pacific region.

FOB provides consulting services and software solutions to a wide variety of organizations that enables their business to grow towards their long term vision by improving business processes and achieving excellent customer relations.

With over 21 years of deployment experience and locations in New Zealand, Malaysia, Thailand and the United Kingdom, FOB is specialised in enabling organisations in harnessing maximum potential from Business Process Management, Customer Relationship Management [CRM], and “ITIL Based Service Management” solutions.

FOB is a certified “ITSM Front Range Solutions Partner” in New Zealand, Malaysia and Thailand.

Its client base comprises of established multinational companies as well as Small to Medium-Sized Enterprises in various fields of business, ranging from banking and insurance, manufacturing, retail, distribution to government and educational institutions.

FOB is able to empower its clients with systems that ease workflow, increase efficiency and help its clients provide better services to their customers.  Making improvements to its clients’ business internally to create a motivated workforce, higher customer satisfaction and increased potential for business growth.

However, the subject’s business is not active in Hong Kong.  History is over two 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 secured basis.

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.70

UK Pound

1

Rs.86.28

Euro

1

Rs.68.15

 

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

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.