MIRA INFORM REPORT

 

 

Report No. :

314548

Report Date :

27.03.2015

 

IDENTIFICATION DETAILS

 

Name :

PINRUI OVERSEAS LIMITED N.V.

 

 

Registered Office :

Wilheminalaan E Commerce Pavek Vredenberg

 

 

Country :

Curacao

 

 

Date of Incorporation :

27.06.2014

 

 

Legal Form :

Private Company

 

 

Line of Business :

·         Subject is an International Business Company

·         The object of the subject company is to purchase and sell components of Cathode Ray Tube TC, LCD TC and Tablet, Parts of Home Appliance, such as, but not limited to, Washing Machines, Regfrigerators and Air Conditioners.

 

 

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.

 

 

CURACAO ECONOMIC OVERVIEW

 

Tourism, petroleum refining, offshore finance, and TRADEhttps://cdncache-a.akamaihd.net/items/it/img/arrow-10x10.png and transport are the mainstays of this small economy, which is closely tied to the outside world. Although GDP grew slightly during the past decade, the island enjoys a high per capita income and a well-developed infrastructure compared with other countries in the region. Curacao has an excellent natural harbor that can accommodate large oil tankers. Venezuelan state oil company PdVSA, under a contract in effect until 2019, leases the single refinery on the island from the government, employing some 1,500 people; most of the oil for the refinery is imported from Venezuela; most of the refined products are exported to the US. Almost all consumer and capital goods are imported, with the US, Brazil, Italy, and Mexico being the major suppliers. The government is attempting to diversify its industry and trade and has signed an Association Agreement with the EU to expand business there. Most of Curacao’s GDP results from services. Curacao has limited natural resources, poor soils, and inadequate water supplies, and budgetary problems complicate reform of the health and education systems. In 2013 the government implemented changes to the sales tax and reformed the public pension and health care systems, including increasing the sales tax from 5% to as high as 9% on some products, raising the age for public pension withdrawals to 65, and requiring citizens to pay higher premiums.

 

Source : CIA

 

Company summary

 

Legal Name:

Pinrui Overseas Limited N.V.

ID

132942

Date Created:

2014   

Date Incorporated:

June 27, 2014

Legal Address:

Wilheminalaan E Commerce Pavek Vredenberg Curacao Netherland

Operative Address:

Wilheminalaan E Commerce Pavek Vredenberg Curacao Netherland

Telephone:

(599-9) 737 4557

Fax:

(599-9) 737 4563

Legal Form:

Private Company

Email:

cms@cmstrust.com

Registry Office:

Curacao

Website:

NA

Manager:

CMS Trust N.V.

Staff:

N/A

Activity:

International Business Company

BANKS

 

Name

Bank of Curacao

 

This information was not verified by the registered agent.

HISTORY

 

 

We could not find experience data on the subject

PRINCIPAL ACTIVITY

 

 

Pinrui Overseas Ltd NV  is an International Business Company incorporated in Curacao for tax purposes.

The company uses the registrant address but does not carry any operation in the country.

It is not registered inCuracao as being a local business company.

It is not listed with theCuracao commercial pages.

Products/Services description:

The object of the company is to purchase and sell components of Cathode Ray Tube TC, LCD TC and tablet, parts of home appliance, such as, but not limited to, washing machines, regfrigerators and air conditioners.

It employs

The company does not have any employee in Curacao.

Sales are:

NA

Clients:

NA

Competitors:

NA

Suppliers:

NA

The company imports from

NA

The company exports to

USA

Payments:

NA

 

 

LOCATION

 

Headquarters :

The company does not operate in the country. It would use 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:

Nominal Capital 1 share(s) with a nominal value of U.S.A. Dollar 1.00

Shareholders

This is a private company. Despite our long search, we could not confirm the major holders.

Management:

It is administrated by the registered agent.

 

CMS Trust N.V.
Wilhelminalaan 13
P.O. Box 4762
Curaçao, Netherlands Antilles
Phone: (599-9) 737 4557
Fax:     (599-9) 737 4563
Email: cms@cmstrust.com

 

Managing Director
Name Yiliang Chen
Date of birth November 14, 1960
Place of birth Anhui
Country of birth China

FINANCIAL INFORMATION

 

 

This is a private company which does not make its financial statements public. 

 

Due to the short experience in business, there are no financial for fiscal year end yet.

LEGAL FILINGS

 

 

There are no legal/criminal filings found

FINAL REVIEW

 

 

This is an International Business Company which does not belong to a company located in Curacao. It is registered in the island for tax purposes and does not operate within the country. It is managed by a resident registration agent.

RISK INFORMATION

 

Indebtedness

NA

Payments

NA

Cash

NA

ADVISED CREDIT

Guarantees

 

 

CALL

 

Interviewee

NA

Position

Curacao Registry of Companies

Comments

We contacted the Registry but they refused to confirm information about the company.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.62.67

UK Pound

1

Rs.93.26

Euro

1

Rs.68.85

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

ANK

 

 

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.