MIRA
INFORM REPORT
|
Report Date : |
16.01.2007 |
IDENTIFICATION
DETAILS
|
Name : |
GORMETCO PTY LTD |
|
|
|
|
Registered Office : |
6/828
High Street, Kew East, VIC 3102 |
|
|
|
|
Country : |
Australia
|
|
|
|
|
Date of Incorporation : |
30
September 1998 |
|
|
|
|
Legal Form : |
Proprietary
Company, Limited By Shares |
|
|
|
|
Line of Business : |
-- |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
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 : |
Moderate
|
|
|
|
|
Payment Behaviour : |
Unknown
|
|
|
|
|
Litigation : |
Clear |
|
REGISTERED NAME: |
GORMETCO PTY LTD |
|
|
|
|
AUSTRALIAN COMPANY NUMBER: |
084 550 041 |
|
|
|
|
AUSTRALIAN BUSINESS NUMBER: |
22 084 550 041 |
|
|
|
|
OPERATING ADDRESS: |
6/828
High Street, KEW EAST, VIC 3102 |
|
|
|
|
REGISTERED ADDRESS: |
6/828
High Street, KEW EAST, VIC 3102 |
|
|
|
|
OTHER TRADING NAMES: |
Nil |
|
|
|
|
TELEPHONE NUMBER: |
No
listing |
|
|
|
|
FAX NUMBER: |
Unknown |
|
|
|
|
WEB SITE ADDRESS: |
Unknown |
|
|
|
|
DATE OF INCORPORATION: |
30
September 1998 – Incorporated in Victoria. |
|
|
|
|
CHANGE OF NAME: |
6
August 1999 - To present name. |
|
|
|
|
PAID CAPITAL: |
$12 in
$1 shares. |
|
|
|
|
DIRECTOR: |
DAN BAXTER 17
Penderel Way, BULLEEN,
VIC 3105 |
|
|
|
|
SHAREHOLDERS: |
Refer HISTORY |
|
|
|
|
SECRETARY: |
DAN BAXTER |
|
|
|
|
AUDITORS: |
Not
shown |
|
|
|
|
REGISTERED CHARGES: |
Refer REGISTERED CHARGES |
|
|
|
|
PAYMENTS: |
Refer TRADING |
|
|
|
|
LEGAL ACTIONS / DEFAULTS: |
Nil |
|
|
|
|
EMPLOYEES: |
The
number of employees have not been ascertained. |
PARENT COMPANY
NIL
ACTIVITIES
Details
pertaining to the nature of the subject’s operations have not been ascertained
at this time.
Operations are believed to be conducted from premises situated at the heading address.
The
number of employees have not been ascertained.
HISTORY
The
subject was incorporated in Victoria on 30 September 1998 as Anson & Anson Pty Ltd, adopting the
present name on 6 August 1999, being
an Australian Proprietary Company, Limited By Shares.
Australian
Company Number: 084 550 041.
Paid capital
$12 in 12 shares paid to $1 each.
Shares
are held by:
MANISH
ANGIRISH 12
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.
Details
pertaining to the company history and antecedent information on the directors
have not been ascertained.
DIRECTOR
DAN BAXTER was born on 14 April 1969 and was appointed
to the board of directors on 30 September 1998. He is also the Company Secretary,
having been appointed to this position on 30 September 1998.
BANK
BANK OF
WESTERN AUSTRALIA
The bank
holds a Registered Charge over company assets. Please refer to the REGISTERED CHARGE section for details.
TRADING
Trade
references in relation to the subject have not been obtained.
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 23
August 2006 to GE Mortgage Solutions for Real Estate Mortgage.
On 21
August 2006 to Faraday & West Pty Ltd for Real Estate Mortgage.
On 6
April 2005 to Bankwest for Lending Proposal.
On 21
February 2005 to Retail Decisions New Accounts for Credit Card for an amount of
$1,000.
On 16
January 2004 to Toyota Financial Services for Personal Loan for an amount of
$127,231.
REGISTERED CHARGES
The
following Registered Charge has been recorded over the subject’s assets:
On 12
April 2005, Fixed and Floating Charge to Bank Of Western Australia, ASIC Charge
No. 1148962.
RECORDED ACTIONS
Nothing
of an adverse nature has been recorded against the subject.
INVESTIGATION
Attempts
have been made to contact a principal from the subject in January 2007, however
Telstra Australia have advised there is no telephone listing in the subject’s
name of that of the director.
Should
you have further details that may assist with this enquiry, please advise and
we will immediately resume our enquiries.
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 Victoria on 30 September 1998 as Anson & Anson Pty Ltd, adopting the
present name on 6 August 1999, being
an Australian Proprietary Company, Limited By Shares.
Paid
capital $12 in 12 shares paid to $1 each.
Details in relation to the company have not
been ascertained. If dealing with the subject on a credit basis, caution would
be recommended until further details are obtained or the account is proven.
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 |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
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 |
|
NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
|