MIRA INFORM REPORT

 

 

 

 

Report Date :

22.07.2014

 

IDENTIFICATION DETAILS

 

Name :

CENTURY  EXPORTS  LTD.

 

 

Registered Office :

Room 1213, 12/F., Houston Centre, 63 Mody Road, Tsimshatsui East, Kowloon

 

 

Country :

Hong Kong  

 

 

Date of Incorporation :

22.06.2009

 

 

Com. Reg. No.:

50813706

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Importer, Exporter and Wholesaler of Telecommunication equipment, mobile phone and all accessories.

 


 

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 – April 1, 2010

 

Country Name

Previous Rating

(31.12.2009)

Current Rating

(01.04.2010)

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     

 

CENTURY  EXPORTS  LTD.

 

 

ADDRESS

 

Room 1213, 12/F., Houston Centre, 63 Mody Road, Tsimshatsui East, Kowloon, Hong Kong.

PHONE:                  2199 7467,  2367 3062

FAX:                       2375 6118

E-MAIL:                  info@centuryhkchina.com

 

 

MANAGEMENT

 

Managing Director:  Mr. Sandeep Kumar Dhanuka  (Mobile: 9342 9600)

 

 

SUMMARY

 

Incorporated on:       22nd June, 2009.

 

Organization:           Private Limited Company.

 

Capital:                   Nominal:  HK$5,100,000.00

Issued:                    HK$5,100,000.00

 

Business Category:  Importer, Exporter and Wholesaler.

 

Annual Turnover:  HK$45~50 million  (Including affiliates)

 

Employees:             3  (Including affiliates)

 

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

 

Banking Relation:  Satisfactory.

 

 

ADDRESS

 

Registered Head Office:-

Room 1213, 12/F., Houston Centre, 63 Mody Road, Tsimshatsui East, Kowloon, Hong Kong.

 

Affiliated Companies:-

Century Exports, Hong Kong.  (Same address)

Century Traders, Hong Kong.  (Same address)

Galaxmial Predera International, Hong Kong.

*    Galaxmial Predera Trading (H.K.) Co. Ltd., Hong Kong

*    Galaxmial Telecom Ltd., Hong Kong.

(*  Located at:    Room 904, 9/F., Houston Centre, 63 Mody Road, Tsimshatsui East, Kowloon, Hong Kong.)

 

 

BUSINESS REGISTRATION NUMBER

 

50813706

 

 

COMPANY FILE NUMBER

 

1347386

 

 

MANAGEMENT

 

Managing Director:  Mr. Sandeep Kumar Dhanuka

 

 

CAPITAL

 

Nominal Share Capital: HK$5,100,000.00 (Divided into 5,100,000 shares of HK$1.00 each)

Issued Share Capital: HK$5,100,000.00

 

 

SHAREHOLDER

(As per registry dated 15-08-2009)

 

Name

 

No. of shares

Sandeep Kumar DHANUKA

 

5,100,000

=======

 


DIRECTOR    

(As per registry dated 22-06-2009)

 

Name

(Nationality)

 

Address

Sandeep Kumar DHANUKA

Flat C, 11/F., Windsor Mansion, 29-31 Chatham Road South, Tsimshatsui, Kowloon, Hong Kong.

 

 

SECRETARY

(As per registry dated 22-06-2009)

 

Name

Address

Co. No.

Buttar.HK Ltd.

1/F., Mau Lam Commercial Building, 16-18 Mau Lam Street, Jordan, Kowloon, Hong Kong.

975326

 

 

HISTORY

 

The subject was incorporated on 22nd June, 2009 as a private limited liability company under the Hong Kong Companies Ordinance.

Formerly the subject was located at Flat C, 11/F., Windsor Mansion, 29‑31 Chatham Road, Tsimshatsui, Kowloon, Hong Kong, moved to the present address with effect from 18th September, 2009.

Apart from these, neither material change nor amendment has been ever traced and noted.

 

 

OPERATIONS

 

Activities:                Importer, Exporter and Wholesaler.

 

Lines:                     Telecommunication equipment, mobile phone and all accessories.

 

Employees:             3.  (Including affiliates)

 

Commodities Imported: Imported from Europe, China, other Asian countries, etc.

 

Markets:                 Southeast East, Africa, the Middle East, India, etc.

 

Annual Turnover:      HK$45~50 million  (Including affiliates)

 

Terms/Sales:           L/C or as per contracted.

 

Terms/Buying:  L/C and T/T.

 

FINANCIAL INFORMATION

 

Nominal Share Capital: HK$5,100,000.00 (Divided into 5,100,000 shares of HK$1.00 each)

 

Issued Share Capital: HK$5,100,000.00

 

                         Alternation of Capital:-

22-06-2009

paid up

HK$         10,000.00

15-08-2009

paid up

HK$     5,090,000.00

 

 

–––––––––––––––

Total:

paid up

HK$     5,100,000.00

==============

 

                         Increase of Nominal Capital:-

From

HK$10,000.00

to

HK$5,100,000.00

on

15-08-2009

 

Mortgage or Charge:-

Date of   Memorandum:  24-05-2010

Amount:    Loan or credit or other facilities

Property:     Distinctive No. of Receipt:                 91220300001174
Date of Issue:                                  03-05-2010
Amount:                                          US$248,119.70
Due Date:                                        02-05-2011

Mortgagee:          Bank of Baroda, Hong Kong Branch.

 

Profit & Loss:          Affiliates made a small profit in the past three years.

 

Condition:                Keeping in a normal manner.

 

Facilities:                Rather actively using general banking facilities.

 

Payment:                Met as required.

 

Commercial Morality:  Satisfactory.

 

Bankers:-

The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.

Bank of Baroda, Hong Kong Branch.

 

Standing:                Small.

 

GENERAL

 

Having issued 5.1 million ordinary shares of HK$1.00 each, Century Exports Ltd. is wholly owned by Mr. Sandeep Kumar Dhanuka who is an Indian.  He is a Hong Kong ID Card holder and has got the right to reside in Hong Kong permanently.  Dhanuka can be reached at his mobile phone number 9342 9600.

The subject has had an affiliated company Century Traders which is also located at the same address.  The subject and Century Traders are engaged in the same lines of business.

The subject is a telecommunication equipment and accessories trader.  It is also a trader, exporter and distributor of a wide range of GSM, CDMA and Dual-Band mobile phones and its original accessories like hand free kit, battery charger, battery pack, etc.

The subject is trading in “LG KP”, “Motorola”, “Nokia”, “Samsung”, “Sony Ericsson”, “Apple iPhone”, “BlackBerry”, etc.  It also trades in phone accessories such as cards with 1GB, 12GB and 16GB.

The subject has set up a well-coordinated network of offices in Hong Kong, India and Nepal.  India and Nepal seem to be the prime markets of the subject.

To our knowledge, Dhanuka is also the Managing Director of Galaxmial Telecom Ltd. [Galaxmial] which is located at a different address.  Incorporated on 27th August, 2003, Galaxmial is a telecommunication equipment trader.  It is also a trader, exporter and distributor of a wide range of GSM, CDMA and Dual-Band mobile phones and its original accessories like hand free kit, battery charger, battery pack, etc.

The annual sales turnover of the subject and Century Traders ranges from HK$45 to 50 million.  Making a small profit every year.

The history of the subject is just over a year in Hong Kong.

On the whole, in view of the affiliated companies and background of the subject, consider it good for normal business engagements.

 

COURT CASES:            None per our.


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.60.19

UK Pound

1

Rs.102.87

Euro

1

Rs.81.48

 

INFORMATION DETAILS

 

Report Prepared by :

NIS

 

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