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MIRA INFORM REPORT
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Report No. : |
485791 |
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Report Date : |
15.01.2018 |
IDENTIFICATION DETAILS
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Name : |
UNIGAS INDUSTRY LIMITED |
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Registered Office : |
Portcullis TrustNet Chambers P.O. Box 3444 Road Town,
Tortola |
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Country : |
British Virgin Islands |
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Date of Incorporation : |
29.07.2008 |
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Legal Form : |
Limited |
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Line of Business : |
Subject is an International Business Company incorporated in British Virgin Islands for tax purposes. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
C |
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Credit Rating |
Explanation |
Rating Comments |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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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.
ECGC Country Risk Classification List
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Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
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British Virgin Islands |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
BRITISH
VIRGIN ISLANDS - ECONOMIC OVERVIEW
The economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, which generates an estimated 45% of the national income. More than 934,000 tourists, mainly from the US, visited the islands in 2008. Because of traditionally close links with the US Virgin Islands, the British Virgin Islands has used the US dollar as its currency since 1959.
Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements.
In the mid-1980s, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. Roughly 400,000 companies were on the offshore registry by yearend 2000. The adoption of a comprehensive insurance law in late 1994, which provides a blanket of confidentiality with regulated statutory gateways for investigation of criminal offenses, made the British Virgin Islands even more attractive to international business.
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Source
: CIA |
STATUTORY
INFORMATION
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Legal Name: |
UNIGAS INDUSTRY LIMITED |
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Trade Name: |
Unigas Industry Ltd |
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ID: |
NA |
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Date Created: |
2008 |
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Date Incorporated: |
2008-07-29 |
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Legal Address: |
Portcullis TrustNet Chambers P.O. Box
3444 Road Town, Tortola BRITISH VIRGIN ISLANDS |
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Operative Address: |
Portcullis TrustNet Chambers P.O. Box
3444 Road Town, Tortola BRITISH VIRGIN ISLANDS |
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Telephone: |
(1284) 494 5296 |
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Fax: |
(1284) 494 5283 |
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Legal Form: |
Limited |
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Email: |
Info.BritishVirginIslands@portcullis.co |
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Registered in: |
British Virgin Islands |
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Website: |
www.Portcullis.co |
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Contact: |
Portcullis (BVI) Ltd |
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Staff: |
0 / The company does not have any employee
in British Virgin Islands |
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Activity: |
IBC |
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Banks: |
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The company does not disclose its bank
details. |
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History: |
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The company was founded in 2008 |
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PRINCIPAL
ACTIVITY
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Unigas Industry Ltd is a relatively
mature organization in the holding company’s industry located in Road Town,
British Virgin Islands. Unigas Industry Ltd is an International
Business Company incorporated in British Virgin Islands for tax purposes. The company uses the registrant address
but does not carry any operation in the country. It is not registered in British Virgin
Islands as being a local business company. It is not listed with the British Virgin
Islands commercial pages. |
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Products/Services description: |
NA |
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Brands: |
NA |
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Sales are: |
NA |
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Clients: |
NA |
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Suppliers: |
NA |
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Operations area: |
National and international |
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The company imports from |
Thailand |
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The company exports to |
No export |
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The subject employs |
0 / The company does
not have any employee in PANAMA |
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Payments: |
Unknown |
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LOCATION
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Headquarters : |
The company uses the registrant address
but does not carry any |
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Branches: |
NA |
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Related Companies: |
NA |
GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
Major holders would be: ZHU YI HUA GENG SONG YUAN WANG NING |
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Management: |
ZHU YI HUA Director GENG SONG YUAN Director WANG NING Director |
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Intermediary Portcullis TrustNet (BVI) Limited Portcullis TrustNet Chambers P.O. Box
3444 Road Town, Tortola British Virgin Islands Offshore Business Consultant (HK) Ltd. Hong Kong |
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FINANCIAL
INFORMATION
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The company does
not make its financial statements public. Despite our
long search, we could not confirm financial figures for the subject. |
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LEGAL
FILINGS
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OFAC Sanctions List Search |
The company is not listed in the OFAC
list. |
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SUMMARY
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Unigas Industry Ltd is a relatively
mature organization in the holding company’s industry located in Road Town,
British Virgin Islands. It is registered in British Virgin Islands
for tax purposes and does not operate within the country. It is managed by a
resident registration agent. |
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RISK
INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
Unknown |
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CASH FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW
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NAME |
NA |
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POSITION |
Agent |
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COMMENTS |
The person contacted requested we should
call on Monday 30, since the person in charge of the company was not at the
office. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 63.53 |
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1 |
INR 86.05 |
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Euro |
1 |
INR 76.53 |
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US Dollar |
1 |
INR 63.45 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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PRI |
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Report Prepared
by : |
TRU |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
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Promoters
/ Management background
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Payment
record
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Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.