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Report Date : |
09.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
TOPGROWTH
CORPORATION LTD. |
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Registered Office : |
Flat G, 14/F., |
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Country : |
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Date of Incorporation : |
07.05.2011 |
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Com. Reg. No.: |
58328951 |
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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) |
|
|
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
TOPGROWTH CORPORATION
LTD.
Registered Office:-
Flat G, 14/F., Sun Shing Mansion, 27-39 Queen’s Road West, Sheung Wan, Hong Kong.
58328951
1598075
7th May, 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 07-05-2011)
|
Name |
|
No. of share |
|
Company Kit Secretarial Services Ltd., Hong Kong. |
|
1 = |
(As per registry
dated 17-05-2011)
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Name (Nationality) |
Address |
|
Mohammed Jiauddin |
62 Bharthi Nagar, E street, Bangalore 560 001, India. |
(As per registry
dated 17-05-2011)
|
Name |
Address |
Co.
No. |
|
Akin Professional Ltd |
20/F., Champion Building, 287-291 Des Voeux Road Central, Sheung Wan, Hong Kong. |
1273165 |
Topgowth Corporation Ltd. was incorporated on 7th May, 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 residential building located at Flat G, 14/F., Sun Shing Mansion, 27‑39 Queen’s Road West, Sheung Wan, Hong Kong.
The subject’s telephone number and fax number have not registered with local telephone company nor listed on telephone directories.
Formerly the registered address of the subject was located at Unit A, 3/F., Cheong Sun Tower, 116-118 Wing Lok Street, Sheung Wan, Hong Kong, moved to the present address with effect from 17th May, 2011. The residential building is not trespassed by outsiders. The subject has no employees in Hong Kong.
According to the Companies Registry of Hong Kong, the subject has just issued one ordinary share of HK$1.00 which is owned by Company Kit Secretarial Services Ltd., a Hong Kong-registered secretarial firm.
The only director of the subject Mr. Mohammed Jiauddin is an Indian. 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 declined to divulge any information about it. The director of the subject cannot be reached as he is in India. No information of the subject can be obtained from our secondary sources.
It is likely that the subject has had an associated company in India which is also operated by Mohammed Jiauddin.
The history of the subject in Hong Kong is just over a year.
Since the registered office of the subject is in a residential building, consider it good for normal business engagements on secured basis.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.34 |
|
UK Pound |
1 |
Rs.86.09 |
|
Euro |
1 |
Rs.69.37 |
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.