MIRA INFORM REPORT

Report No. :	325296
Report Date :	06.06.2015

IDENTIFICATION DETAILS

Name :	GALIANO LINES LIMITED

Registered Office :	Morton House, Government Road, Charlestown, PO Box 583 KN

Country :	Nevis

Year of Establishment :	2006

Com. Reg. No.:	325296

Legal Form :	Limited Company

Line of Business :	Offshore Company – International Business Company

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

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 :	Offshore 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.

REGISTERED NAME & COMPANY SUMMARY

IDENTIFICATION
Ordered as:	GALIANO LINES LIMITED
Address in the order:	P.O.BOX 583,MORTON HOUSE,
Comments on data supplied:	The subject is an International Business Company (IBC), the address provided is that of the Registered Agent, Hamilton Trust Company (Nevis) Limited
Legal Name:	GALIANO LINES LIMITED
Legal Address	Morton House, Government Road (Registered Agent)
Postal Town	Charlestown (Registered Agent)
Post Code	PO Box 583
Country	KN
Telephone:	869 469 1100 (Registered Agent)	Registration Number :	325296
Fax:	869 469 1101 (Registered Agent)	Legal Form:	Limited Company
Email:	cm@htlnevis.com (Registered Agent)	Registered in:	KN
Website:	www.htlnevis.com (Registered Agent)	Date Created:	2006
MANAGERS:	N.A.	Date Incorporated:	N.A.
Staff:	0	Stock:	N.A.
		Value:	N.A.
Activity:	Offshore company – International Business Company

DIRECTORS/MANAGEMENT

Management:

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.

NEGATIVE INFORMATION

Legal Filings

The sources consulted record no detrimental legal or labor court information.

SHARE & SHARE CAPITAL INFORMATION

Shareholders - MANAGERS - RELATED COMPANIES

Shareholders Parent Company(ies):

The company is managed by foreign shareholders.

Despite our long searches it has not been possible to identify the shareholders.

PAYMENT INFORMATION

Trade References:

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.

PAYMENTS
	Made on a 10 days basis - monitored over the last 12 months

DEBT COLLECTIONS AND PAYMENTS
Public	NO
Payments	REGULAR

GROUP STRUCTURE & AFFILIATED COMPANIES

N/A

FINANCIAL INFORMATION

FINANCIALS - COMMERCIAL TRENDS AND FORECAST

As a private company the subject does not publish any financial statements.

However our financial sources could provide us with the following data.

Those figures are estimates provided by confidential banking and financial institutions working with the company.

Currency	DATE
USD	2014
Turnover	0
Operating Income	2 180 000
Net Income	2 180 000
Net worth	8 500 000
Bank liabilities	0
The cash flow is	normal

Comments on the financial data: The company being an offshore, it was not possible to verify the financial figures with the registered agent.

FINANCIAL SUMMARY
Profitability	CORRECT
Indebtedness	NIL
Cash	NORMAL

FOREIGN EXCHANGE RATES

N/a

ADDITIONAL INFORMATION

GEOPOLITICS - SAINT KITTS AND NEVIS

POLITICAL DATA

ECONOMIC DATA

Form of Government: Commonwealth Realm - Parliamentary system

Economic Risk: Present

Currency: 100.00 XCD=37.0370 USD

Branch Situation: Stable

BANKS
Name of the Bank	FIRST BANK
Location	St. Kitts and Nevis
Comments	This information was not verified by the registered agent.

BUSINESS

PRINCIPAL ACTIVITY

GALIANO LINES 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.

The subject employs 0 employee(s)
Comments on staff:
	The company does not have any employee in St. Kitts and Nevis. It uses the registered agent staff.

LOCATION

Headquarters

The address belongs to the Registered Agent:

Hamilton Trust Company (Nevis) Limited

P O Box 583

Morton House

Government Road

Charlestown

Nevis

West Indies

Tel. +1 869 469 1100

Fax. +1 869 469 1101

Email: cm@htlnevis.com

RATING

Local credit bureau gave a normal credit rate.

The company is in Good Standing. This means that all local and federal taxes were paid on due date.

NOTES & COMMENTS

Final Opinion

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.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.90
UK Pound	1	Rs.97.98
Euro	1	Rs.71.82

INFORMATION DETAILS

Analysis Done by :	RAS

Report Prepared by :	NIT

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.