MIRA INFORM REPORT

 

 

Report Date :

29.06.2012

 

IDENTIFICATION DETAILS

 

Name :

INTS  HK  LTD.

 

 

Registered Office :

c/o Wilgrist Nominees Ltd., Room 601, Prince’s Building, Chater Road, Central

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

01.02.2008

 

 

Com. Reg. No.:

39049465

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Garment Trader of all kinds of garments, 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 :

Small Company 

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

 

INTS  HK  LTD.

 

 

Company ADDRESS

 

c/o Wilgrist Nominees Ltd.

Room 601, Prince’s Building, Chater Road, Central, Hong Kong.

PHONE:            2524 6011

FAX:                 2147 3809

 

 

MANAGEMENT

 

Managing Director:  Mr. Manel Adell Domingo

 

 

SUMMARY

 

Incorporated on:             1st February, 2008.

 

Organization:                 Private Limited Company.

 

Capital:                         Nominal:           HK$53,709,848.00

Issued:              HK$53,709,848.00

 

Business Category:        Garment Trader.

 

Employees:                   Nil.

 

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

 

Banking Relation:           Satisfactory.


Company ADDRESS

 

Registered Head Office:-

c/o Wilgrist Nominees Ltd.

Room 601, Prince’s Building, Chater Road, Central, Hong Kong.

 

Holding Company:-

ABASIC, S.L.U., Spain.

 

Associated Companies:-

INTS It Is Not the Same GmbH, Germany.

INTS UK Ltd., United Kingdom.

Nts It Is Not the Same Singapore Pte. Ltd., Singapore.

Nts It Is Not the Same Usa LLC, US.

Nts It’s Not The Same B.V., Netherlands.

 

 

BUSINESS REGISTRATION NUMBER

 

39049465

 

 

COMPANY FILE NUMBER

 

1209276

 

 

MANAGEMENT

 

Managing Director:  Mr. Manel Adell Domingo

 

 

CAPITAL

 

Nominal Share Capital:   HK$53,709,848.00 (Divided into 53,709,848 shares of HK$1.00 each)

 

Issued Share Capital:     HK$53,709,848.00


SHAREHOLDERS

(As per registry dated 01-02-2012)

 

Name

 

No. of shares

ABASIC, S.L.U.

Bruc 49, Bajos 08009, Barcelona, Spain.

 

51,958,848

Ints It Is Not The Same GmbH.

Baarerstrasse 98, CH-6302 Zug, Switzerland.

 

1,751,000

 

 

–––––––––

 

Total:

53,709,848

========

 

DIRECTOR    

(As per registry dated 30-04-2012)

 

Name

(Nationality)

 

Address

Manel ADELL DOMINGO

Paseo Bonanova 77 Bajos 08017, Barcelona Spain.

 

 

SECRETARY

(As per registry dated 01-02-2012)

 

Name

Address

Co. No.

Wilgrist Nominees Ltd.

Room 601, Prince’s Building, Chater Road, Central, Hong Kong.

0017249

 

 

HISTORY

 

The subject was incorporated on 1st February, 2008 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:                      Garment Trader.

 

Lines:                           All kinds of garments, etc.

 

Employees:                   Nil.

 

Commodities Imported:   China, other Asian countries, etc.

 

Markets:                       Europe, North America, etc.

 

Annual Turnover:            Not reported.

 

Terms/Sales:                 As per contracted.

 

Terms/Buying:               Various terms.

 

 

FINANCIAL INFORMATION

 

Nominal Share Capital:   HK$53,709,848.00 (Divided into 53,709,848 shares of HK$1.00 each)

 

Issued Share Capital:     HK$53,709,848.00

 

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

 

INTS HK Ltd. is a subsidiary company of ABASIC, S.L.U. which is a Spain-based firm..

The director of the subject Manel Adell Domingo is a Spain passport holder.

The subject does not have its own office.  Its registered office, located at Room 601, Prince’s Building, Chater Road, Central, Hong Kong, is the operating office of a solicitor firm.  An associated of the solicitor firm Wilgrist Nominees Ltd. is handling the subject’s correspondences and documents.  Wilgrist Nominees Ltd. is also located at the above-mentioned address.

The subject has no employees in Hong Kong.

The subject is a fashion trader.  Manel Adell Domingo is the CEO and partner of Desigual which is a significant fashion trader in Spain.  As at 2010,

Desigual had about 250 speciality retailing shops, 7,000 branded shops and 1,700 retailing counters in the world.

Manel Adell Domingo graduated from ESADE and holds an MBA from IMD in Lausanne, and is also an alumnus of Stanford University, California. Born in Barcelona, he has lived in the United Kingdom, California, Switzerland, Denmark and Belgium.  Since he joined the Desigual project eight years ago, first as managing director and now as CEO, the company has multiplied its business volume fifty-fold – from EUR 8 million in 2002 to over EUR 400 million in 2010 – and has gone from having 60 direct collaborators to almost 3,000 today.

The subject’s business in Hong Kong is not active.  History is just over four years and four months.

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.56.92

UK Pound

1

Rs.88.91

Euro

1

Rs.71.25

 

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.