|
Report Date : |
20.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
J C INTERNATIONAL ENT CO LTD. |
|
|
|
|
Registered Office : |
Suite
2, 3 Floor, No 10 Eve Street Belize City |
|
|
|
|
Country : |
Belize |
|
|
|
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Date of Incorporation : |
Not Available |
|
|
|
|
Legal Form : |
Corporation For Profit |
|
|
|
|
Line of Business : |
Not Available [We tried to confirm / obtain the detailed activity but the same is
not available from any sources] |
|
|
|
|
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 : |
International Business 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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Belize |
B2 |
B2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BELIZE - ECONOMIC OVERVIEW
Tourism is the number one foreign
exchange earner in this small economy, followed by exports of marine products,
citrus, cane sugar, bananas, and garments. The government's expansionary
monetary and fiscal policies, initiated in September 1998, led to GDP growth
averaging nearly 4% in 1999-2007. Oil discoveries in 2006 bolstered this
growth. Exploration efforts have continued and production has increased a small
amount. Growth slipped to 0% in 2009, resulting from the global economic
slowdown, natural disasters, and a temporary drop in the price of oil, but grew
to 2.5% in 2013. With weak economic growth and a large public debt burden,
fiscal spending is likely to be tight. In January 2013, the government
announced that it had reached a deal with creditors to restructure its $544 million
commercial external debt, commonly referred to as the "superbond."
The superbond represents one half of the country's public debt. A key
government objective remains the reduction of poverty and inequality with the
help of international donors. Although Belize has the second highest per capita
income in Central America, the average income figure masks a huge income
disparity between rich and poor. The sizable trade deficit and heavy foreign
debt burden continue to be major concerns.
|
Source
: CIA |
|
Legal Name: |
J C International Ent Co Ltd . |
|
ID |
NA |
|
Date Created: |
NA |
|
Date
Incorporated: |
NA |
|
Legal Address: |
Suite 2, 3 Floor, No 10 Eve Street Belize
City Belize |
|
Operative
Address: |
NA |
|
Telephone: |
(501) 223-1700 |
|
Fax: |
(501) 223-3777 |
|
Legal Form: |
Corporation for Profit |
|
Email: |
|
|
Registry
Office: |
Belize |
|
Website: |
|
|
Manager: |
Power Point Management (Belize) Limited |
|
Staff: |
0 |
|
Activity: |
This is an International Business Company
(IBC) |
|
SIC Codes: |
NA |
|
NAICS Codes: |
NA |
|
BANKS |
|
|
Name |
Belize Bank International |
|
This information was not verified by the
registered agent. |
|
|
HISTORY |
|
|
NA |
|
|
PRINCIPAL
ACTIVITY |
|
|
J C International Ent Co Ltd is an
International Business Company incorporated in Belize for tax purposes.
|
|
|
Products/Services
description: |
NA |
|
It employs |
The company does not have any employee in
Belize. |
|
Sales are: |
NA |
|
Clients: |
NA |
|
Competitors: |
NA |
|
Suppliers: |
NA |
|
The company
imports from |
NA |
|
The company
exports to |
NA |
|
Payments: |
NA |
|
LOCATION |
|
|
Headquarters : |
The company does not operate in the
country. It uses its address for tax purposes. |
|
Size: |
NA |
|
Property: |
NA |
|
Branches: |
NA |
|
Business
Overview: |
NA |
|
GROUP STRUCTURE
AND SUBSIDIARY COMPANIES |
|
|
Listed at the stock
exchange: |
NO |
|
Capital: |
NA |
|
Shares: |
NA |
|
Shareholders |
This is a private company with foreign
shareholders. According to our search, it may be related to: |
|
Management: |
It is managed by the agent. |
|
Power Point Management (Belize)
Limited |
|
|
FINANCIAL
INFORMATION |
|
|
This is a private company which does not
make its financial statements public. |
|
|
USD 2013 |
|
|
Turnover |
0 |
|
Operating
Income |
4 500 000 |
|
Net Income |
3 800 000 |
|
Net Worth |
NA |
|
Bank
Liabilities |
0 |
|
Cash Flow |
Normal |
|
FINAL REVIEW |
|
|
This is an International Business Company
which does not belong to a company located inBelize. It is registered in Belize
for tax purposes and does not operate within the country. |
|
|
RISK
INFORMATION |
|
|
Status |
ACTIVE |
|
Indebtedness |
Controlled |
|
Payments |
Regular |
|
Cash |
Good |
|
CALL |
|
|
Interviewee |
NA |
|
Position |
Agent |
|
Comments |
The person contacted refused to confirm any
kind of information due to confidential reasons. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.62 |
|
|
1 |
Rs.99.12 |
|
Euro |
1 |
Rs.78.89 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
TPT |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.