MIRA INFORM REPORT

 

 

Report Date :

01.03.2012

 

IDENTIFICATION DETAILS

 

Name :

GOLDWIN  ASIA  LTD.

 

 

Registered Office :

C/o Hang Lick Management Co.

Flat C, 11/F., Golden Plaza, 745-747 Nathan Road, Mongkok, Kowloon

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

16.12.1998

 

 

Com. Reg. No.:

22187836

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Exporting all kinds of handbags, plastic bags, etc.

 

 

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 :

--

Litigation :

--

 

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 and address

 

GOLDWIN  ASIA  LTD.

 

 

Address:          

c/o Hang Lick Management Co.

Flat C, 11/F., Golden Plaza, 745-747 Nathan Road, Mongkok, Kowloon, Hong Kong.

 

Note:    Your given address “Flat D, 15/F., Oscar Court, 232-242 Fa Yuen Street, Mongkok, Kowloon, Hong Kong” is the residential address of the shareholder Mr. Lau Iu Ming.

 

 [Tel: 2398 3167;  Fax: 2391 4173]

 

 

BUSINESS REGISTRATION NUMBER

 

22187836

 

 

COMPANY FILE NUMBER 

 

0662593

 

 

DATE OF INCORPORATION

 

16th December, 1998.

 

 

CAPITAL

 

Nominal Share Capital: HK$100,000.00 (Divided into 100,000 shares of HK$1.00 each)

 

Issued Share Capital: HK$100,000.00

 

 

SHAREHOLDER

(As per registry dated 16-12-2011)

 

Name

 

No. of shares

LAU Iu Ming

 

100,000

======

 

DIRECTORS

(As per registry dated 16-12-2011)

 

Name

(Nationality)

 

Address

LAU Iu Ming

Flat D, 15/F., Oscar Court, 232-242 Fa Yuen Street, Mongkok, Kowloon, Hong Kong.

 

Rupal Kishor VYAS

26 Viola Avenue, Fetham, Middlesex TW14 0EW, UK.

 

 

SECRETARY

(As per registry dated 16-12-2011)

 

            Name

Address

LAU Sum Yee

Flat C, 11/F., Golden Plaza, 745-747 Nathan Road, Mongkok, Kowloon, Hong Kong.

 

 

GENERAL

 

Goldwin Asia Ltd. was incorporated on 16th December, 1998 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 sharing a Hong Kong-registered firm located at Flat C, 11/F., Golden Plaza, 745-747 Nathan Road, Mongkok, Kowloon, Hong Kong known as Hang Lick Management Co. [Hang Lick].  It has no employees in Hong Kong.

Your given phone number 852-2398 3167 and fax number 852-2391 4173 belongs to Hang Lick.

According to the Companies Registry of Hong Kong, the subject has issued 100,000 ordinary shares of HK$1.00 each which are wholly owned by Mr. Lau Iu Ming who is a Hong Kong merchant.  Your given address Flat D, 15/F., Oscar Court, 232-242 Fa Yuen Street, Mongkok, Kowloon, Hong Kong is the residential address of Lau.

The directors of the subject are Lau and Mr. Rupal Kishor Vyas.  The latter is a UK passport holder who does not have the right to reside in Hong Kong permanently.  Currently Vyas is residing in Middlesex, the United Kingdom.

Most of the time, Lau is working in the office of Hang Lick and he can be reached at your given phone number.

According to Lau, his firm is responsible for preparing all kinds of documents for a firm in India which is exporting all kinds of handbags, plastic bags, etc.  Prime markets are the United Kingdom and other European countries.

According to Lau, his firm is just a secretarial firm in Hong Kong.  The subject is just a one-man company.  History in Hong Kong is over thirteen years and two 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 L/C basis.

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.48.94

UK Pound

1

Rs.77.95

Euro

1

Rs.65.94

 

 

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.