MIRA INFORM REPORT

 

 

Report Date :

29.05.2012.

 

IDENTIFICATION DETAILS

 

Name :

HOME  ACADEMY  LTD.

 

 

Registered Office :

c/o PAMM Corporate Secretary Ltd., Flat A, 15/F., Hillier Commercial Building, 65‑67 Bonham Strand East, Sheung Wan

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

31.10.2011

 

 

Com. Reg. No.:

59114325

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Not Available

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New Company

 

 

Payment Behaviour :

Unknown

 

 

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

 

HOME  ACADEMY  LTD.

 

 

Company ADDRESS

 

Registered Office:-

c/o PAMM Corporate Secretary Ltd.

Flat A, 15/F., Hillier Commercial Building, 65‑67 Bonham Strand East, Sheung Wan, Hong Kong.

 

 

BUSINESS REGISTRATION NUMBER

 

59114325

 

 

COMPANY FILE NUMBER

 

1676193

 

 

DATE OF INCORPORATION

 

31st October, 2011.

 

 

CAPITAL

 

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

 

Issued Share Capital:     HK$10,000.00

 

 

SHAREHOLDERS

(As per registry dated 31-10-2011)

 

Name

 

No. of shares

Alexander Petrus Maria KLAVER

 

5,000

Naresh Kumar VATSAL

 

2,000

Devesh JINDAL

 

1,500

Rashi JINDAL

 

1,500

 

 

––––––

 

Total:

10,000

=====

 

 

DIRECTORS

(As per registry dated 31-10-2011)

 

Name

(Nationality)

 

Address

Alexander Petrus Maria KLAVER

 

De Amstel 14, 8253 PC Dronten, Netherlands.

Naresh Kumar VATSAL

Block A, Lane No. 2, No. 20 Govindnagar, Moradabad, India.

 

Devesh JINDAL

A1/702, Tower #1, Purvanchal Silver City-2, Opposite Wipro, Sector-Pi2, Greater Noida, 201308, India.

 

 

SECRETARY

(As per registry dated 31-10-2011)

 

Name

Address

Co. No.

PAMM Corporate Secretary Ltd.

Flat A, 15/F., Hillier Commercial Building, 65‑67 Bonham Strand East, Sheung Wan, Hong Kong.

1646493

 

 

GENERAL

 

Home Academy Ltd. was incorporated on 31st October, 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 commercial service firm located at “Flat A, 15/F., Hillier Commercial Building, 65‑67 Bonham Strand East, Sheung Wan, Hong Kong” known as “PAMM Corporate Secretary Ltd.” which is handling its correspondences and documents.  This firm is also the corporate secretary of the subject.

The subject has no employees in Hong Kong.

According to the Companies Registry of Hong Kong, the subject has issued 10,000 ordinary shares of HK$1.00 each of which 50% are owned by Alexander Petrus Maria Klaver, 20% owned by Naresh Kumar Vatsal, 15% owned by Devesh Jindal and also 15% owned by Rashi Jindal.  The first is residing in the Netherlands while the other three are residing in India.

The subject’s lines of business are unknown since the secretarial firm also knows nothing about the subject.

The directors of the subject cannot be reached as they are not in Hong Kong.

It is likely that the subject has got associated companies in Holland and India which are also operated by the shareholders.

The subject is a consultant firm, it was reported from our secondary sources.  It offer clients with information technology services and related products.

The subject has been banking with Svenska Handelsbanken AB (publ).

The history of the subject in Hong Kong is just over six months.  History is short.

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.55.26

UK Pound

1

Rs.86.80

Euro

1

Rs.69.63

 

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%)

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