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Report No. : |
304129 |
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Report Date : |
06.02.2015 |
IDENTIFICATION DETAILS
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Name : |
PRIYANKA SHIPPING LIMITED |
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Registered Office : |
Hunkins Plaza, Main Street, Charlestown 556 |
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Country : |
Nevis |
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Date of Incorporation : |
Not Available |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Limited Company |
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Line of Business : |
Offshore Company – International Business Company |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 |
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Status : |
International Business 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.
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IDENTIFICATION |
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Ordered as: |
PRIYANKA SHIPPING LIMITED |
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Address in the order: |
PO BOX 556 MAIN STREET
CHARLESTOWN, NEVIS Nevis |
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Comments on data supplied: |
The subject is an International Business Company (IBC), the address
provided is that of the Registered Agent, Morning Star Holdings Limited |
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Legal Name: |
PRIYANKA SHIPPING LIMITED |
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Legal Address |
Hunkins Plaza, Main Street, (Registered Agent) |
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Postal Town |
Charlestown |
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Post Code |
556 |
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Country |
KN |
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Telephone: |
1-869-469-1817 (Registered Agent) |
Registration Number : |
N.A. |
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Fax: |
1-869-469-1794 (Registered Agent) |
Legal Form: |
Limited Company |
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Email: |
info@morningstarnev.com (Registered Agent) |
Registered in: |
KN |
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Website: |
N.A. |
Date Created: |
N.A. |
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MANAGERS: |
N.A. |
Date Incorporated: |
N.A. |
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Staff: |
0 |
Stock: |
N.A. |
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Value: |
N.A. |
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Activity: |
Offshore company – International Business Company |
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Management: |
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It is locally managed by the registered agent mentioned above. The agent declined to give any information on the subject, who is protected
by the law of non-disclosure. |
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Legal
Filings |
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The sources consulted record no
detrimental legal or labor court information. |
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Shareholders |
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Listed at the stock exchange: |
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NO |
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Shareholders Parent Company(ies): |
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The company is managed by foreign shareholders. Despite our long searches it has not been possible to identify the
shareholders. |
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DEBT COLLECTIONS AND PAYMENTS |
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Public |
NO |
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Payments |
REGULAR |
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PAYMENTS |
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Regular |
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RELATED
COMPANIES: |
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The subject could be related to: Business Results Priyanka Shipping Agency Address: Room # 22, 2nd Floor, Mohan Mansion,274 Shahid Bhagat Singh
Road Fort Mumbai - 400001 Location: Mumbai Phone: 02240020781, 02240020782 Mobile: 9867183197 E-mail: priyankashipping@rediffmail.com,priyankashipping@yahoo.com However, the subject being an offshore company, the link could not be
verified. |
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FINANCIALS -
COMMERCIAL TRENDS AND FORECAST |
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As a private company the subject does not publish any financial
statements. We are waiting for our banking sources to provide the financial
information of the company. |
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FINANCIAL
SUMMARY |
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Profitability |
CORRECT |
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Indebtedness |
NIL |
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Cash |
NORMAL |
N/A
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GEOPOLITICS - SAINT
KITTS AND NEVIS |
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Commonwealth Realm - Parliamentary system
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Currency: 100(XCD)=37.03(USD) |
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BANKS |
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Location |
St. Kitts and Nevis |
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Comments |
This information was not verified by the registered agent. |
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BUSINESS HISTORY |
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The creation date was not verified by the registered agent. |
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PRINCIPAL
ACTIVITY |
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PRIYANKA SHIPPING LIMITED, is an International Business Company - Offshore
Company incorporated in St. Kitts and Nevis for tax purposes. However the company does not carry any operation in the St. Kitts and
Nevis. It is not registered with the St. Kitts and Nevis Chamber of Commerce
as being a local business. It is not listed with the St. Kitts and Nevis yellow pages. It is not listed with the major local credit bureaus. |
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Trade References: |
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In virtue of the nature of its business activities its local
transactions are seldom. Therefore, commercial sources consulted in the marketplace report that
they are unable to establish subjects payment performance and general
reputation regarding commitments contracted as same it is UNKNOWN as making
use of credit facilities. |
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The subject employs 0 employee(s) |
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Comments on staff: |
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The company does not have any employee in St. Kitts and Nevis. It uses
the registered agent staff. |
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LOCATION |
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Headquarters |
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The address belongs to the Registered Agent: Morning Star Holdings Limited Hunkins Plaza Main Street P.O. Box 556 Charlestown, Nevis, West Indies |
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Final Opinion |
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We are reporting an offshore company which belongs to foreign shareholders.
Although it is registered in St. Kitts and Nevis, it uses such territory only
as its legal and administrative address, but all its operations are carried
out abroad. It is managed by a resident registration agent and it is unknown
in the marketplace, so its commercial morality and general reputation cannot
be assessed, although nothing detrimental is noted upon subject. We recommend a credit line for the amount of USD 10,000, please take
into consideration once the financial information from our banking sources is
received, our credit rating and suggested credit might change. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.61.87 |
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1 |
Rs.94.07 |
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Euro |
1 |
Rs.70.19 |
INFORMATION DETAILS
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Analysis Done by
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DIV |
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Report Prepared
by : |
NIT |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.