MIRA
INFORM REPORT
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Report Date : |
6th
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
BEER
IMPORTERS & DISTRIBUTORS PTY LTD |
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Registered Office : |
15/704
Botany Road, Mascot, NSW 2020 |
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Country : |
Australia |
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Date of Incorporation : |
1.01.1995 |
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Com. Reg. No.: |
067
780 607 |
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Legal Form : |
Australian
Proprietary Company, Limited By Shares |
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Line of Business : |
Importer
and Wholesaler of a wide range of beers from around the world. |
RATING & COMMENTS
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MIRA’s Rating : |
NR (No
Rating) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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Status : |
Undetermined |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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REGISTERED NAME: |
BEER IMPORTERS & DISTRIBUTORS PTY LTD |
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AUSTRALIAN COMPANY NUMBER: |
067 780 607 |
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AUSTRALIAN BUSINESS NUMBER: |
91 067 780 607 |
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OPERATING ADDRESS: |
18-28
Ricketty Street, MASCOT, NSW 2020 |
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REGISTERED ADDRESS: |
15/704
Botany Road, MASCOT, NSW 2020 |
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OTHER TRADING NAMES: |
Nil |
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TELEPHONE NUMBER: |
(02)
9667 3755 |
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WEB SITE ADDRESS: |
www.bidbeer.net |
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DATE OF INCORPORATION: |
11
January 1995 – Incorporated in New South Wales. |
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CHANGE OF NAME: |
Nil |
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PAID CAPITAL: |
$3 in
$1 shares. |
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DIRECTOR: |
FRANCK PIERRE BERGES 2A
Craigholm Street, SYLVANIA,
NSW 2224 |
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SHAREHOLDERS: |
Refer HISTORY |
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SECRETARY: |
FRANCK PIERRE BERGES |
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AUDITORS: |
Not
shown |
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REGISTERED CHARGES: |
Nil |
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PAYMENTS: |
Refer TRADING
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LEGAL ACTIONS / DEFAULTS: |
Nil |
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EMPLOYEES: |
8 |
PARENT COMPANY
NIL
SUBSIDIARY COMPANIES
NIL
ASSOCIATE COMPANIES
NIL
ACTIVITIES
The subject is an importer and wholesaler of a wide range of
beers from around the world.
Sales are to liquor outlets, etc on normal trading terms.
Operations are conducted from owned premises situated at the
heading address.
The subject has branches in Melbourne, Victoria and in
Singapore.
The
subject employs 8 in activities.
HISTORY
The
subject was incorporated in New South Wales on 11 January 1995 as Beer Importers & Distributors Pty Ltd,
being an Australian Proprietary Company, Limited By Shares.
Australian
Company Number: 067 780 607.
Paid
capital $3 in 3 shares paid to $1 each.
Shares
are held by:
FRANK
PIERRE BERGES 3
The
above information is in accordance with the last Company Statement Annual
lodged with the Australian Securities and Investments Commission and compiled
at report date.
Operations
of the company were commenced 20 years ago.
The
subject does not maintain any operating subsidiary or associate concerns.
DIRECTOR
FRANCK PIERRE BERGES was born on 4 September 1942 and
was appointed to the board of directors on 16 January 1995. He is fully active
in the day to day operations of the company. He is also the Company Secretary,
having been appointed to this position on 7 November 2002.
BANK
Details
pertaining to the subject’s banking facilities have been declined.
TRADING
Following
are details of a trade survey undertaken in February 2007:
- This supplier would only
provide references by fax. This was sent, however a reply has not been
received.
- This supplier could not be
contacted as at report date.
As the
subject is an importer, the company is not a major seeker of local commercial
credit.
FINANCE
Due to amendments to the Corporations Law by the First Corporate Law
Simplification Act 1995, subject is not required to lodge financial statements
with the Australian Securities & Investment Commission.
disclose the following inquiries in relation to finance applications:
On 18
November 2004 to ING Funds Management NSW for Real Estate Mortgage.
On 9
July 2004 to ING Funds Management NSW for Real Estate Mortgage.
Nothing
further has been recorded.
REGISTERED CHARGES
There
are no Registered Charges existing over the subject’s assets.
RECORDED ACTIONS
Nothing
of an adverse nature has been recorded against the subject.
INVESTIGATION
An
interview was conducted with a spokesperson from the subject in February 2007.
At this time he confirmed operational and trading details, however declined all
financial information as a matter of company policy.
It was
advised that premises at the heading address are owned by the director.
Enquiries
made with trade sources failed to trace any additional information in relation
to the subject.
A Land
Titles Search has not been undertaken to ascertain what land, if any, stands in
the subject’s name. This can be
undertaken on request.
CONCLUSION
The
subject was incorporated in New South Wales on 11 January 1995 as Beer Importers & Distributors Pty Ltd,
being an Australian Proprietary Company, Limited By Shares.
Paid
capital $3 in 3 shares paid to $1 each.
The subject is an importer and wholesaler of a wide range of
beers from around the world.
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 |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
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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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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