MIRA INFORM REPORT

 

 

Report Date :

12.05.2012

 

IDENTIFICATION DETAILS

 

Name :

KALA INDUSTRIAL LIMITED

 

 

Registered Office :

Room 3001, Renfeng Building, No. 490 Tianhe Road, Shenzhen, Guangdong Province, 510630 Pr

 

 

Country :

China

 

 

Date of Incorporation :

29.07.2011

 

 

Com. Reg. No.:

1647404 

 

 

Legal Form :

Private Company with limited Liability

 

 

Line of Business :

Selling Cloud Terminal

 

 

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 :

Not Registered in China

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

China

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 


Company name & address 

 

KALA INDUSTRIAL LIMITED

ROOM 3001, RENFENG BUILDING, NO. 490 TIANHE ROAD, SHENZHEN,

GUANGDONG PROVINCE, 510630 PR CHINA

TEL: 86 (0) 755-26436888/86-15999634156     FAX: N/A

 

Narrative report:

 

This refers to a type of report whose format is different from that of a standard report. Such type of report is provided when:

 

l         Information obtained is insufficient for compiling a standard report.

l         The enquired co has been out of business or its business address has been untraceable.

 

It should be noted that the time and manpower spent on preparing such type of report might be greater than those on a standard report. On many occasions, the information in this type of report still indicates the current status of the enquired co. and serves as a useful reference to assess its credit standing.

 


 

Rounded Rectangle: CHECK ON SC’S REGISTERED TELEPHONE LINE 

 

 


The telephone number clients provided is

 

86 (0) 755-26436888

 

When we dialed the above number, a gentleman answered the phone. He admitted the given name and released the following information on SC:

--------------------------------------------------------

*SC was registered in Hong Kong with the name Kala Industrial Limited. All of its business is operating in Shenzhen, mainland China.

*SC is mainly engaged in selling cloud terminal.

*Website: http://www.kalanc.com/

*Email: Peter@kalanc.com 

*Registered address of SC: UNIT 04, 7/F, BRIGHT WAY TOWER, NO. 33 MONG KOK ROAD, KOWLOON, HK

 

 

Rounded Rectangle: SPOT VISIT 

 

 


The address client provided is: Room 3001of Renfeng Building, No. 490 Tianhe Road, Shenzhen, Guangdong Province, 518000 China

 

According to the above gentleman, SC is now operating at the above address.

 

 

Rounded Rectangle: REGISTRATION 

 

 


According to the Chinese name released by the above gentleman, careful investigations were made with Guangdong Provincial and Shenzhen Municipal Administration for Industry and Commerce (AIC - The official body of issuing and renewing business license), however, no record was found.

 

In Hong Kong Companies Registry, we found the following information:

 

KALA INDUSTRIAL LIMITED

CR No.:                         1647404 

Date of Incorporation:     July 29, 2011

Company Status:           Private 

Active Status:                Live 

 

 

Rounded Rectangle: BUSINESS OPERATIONS
 BACKGROUND
 

 

 


SC is mainly engaged in selling cloud Terminal.

 

According to SC’s website, SC’s products mainly include cloud terminal VD2000, cloud terminal VD1100, cloud terminal VD1500, cloud terminal VD2200, etc.

 

 

Rounded Rectangle: RELATED COMPANIES

 BACKGROUND
 

 

 


According to the above website:

 

Guangzhou Linze Information Technology Co., Ltd.

Phone: +86-20-85260789 +86-15818667715

Email: Tom@kalanc.com

 

India Sales:

Email: Peter@kalanc.com   

Phone: +919029755140

 

 

Rounded Rectangle: REMARKS 

 


 

SC was established on July 29, 2011 in Hong Kong with a short development history. All of its business is operating in Shenzhen, mainland China.

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.53.64

UK Pound

1

Rs.86.42

Euro

1

Rs.69.29

 

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.