MIRA INFORM REPORT

 

 

Report Date :

27.07.2007

 

IDENTIFICATION DETAILS

 

Name :

ROCKFORD INTERNATIONAL PTY LTD

 

 

Registered Office :

342 George St, Doncaster, Vic 3108

 

 

Country :

Australia

 

 

Date of Incorporation :

16 June 2006

 

 

Legal Form :

Private Limited Liability Company

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NR

 

RATING

STATUS

PROPOSED CREDIT LINE

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

Status :

Undetermined

 

 


REGISTERED NAME

 

ROCKFORD INTERNATIONAL PTY LTD

 

 

INCORPORATED      

 

16 June 2006

 

 

REGISTERED ADDRESS

 

342 George St

DONCASTER, VIC 3108

 

 

SHARECAPITAL

 

$100                

 

 

SHAREHOLDERS

 

JAIN, Ashish

3, 2 Salisbury Ave

IVANHOE, VIC 3079                  holds 100 shares

 

 

DIRECTORS  

 

JAIN, Ashish

3, 2 Salisbury Ave

IVANHOE, VIC 3079

 

                                                                                                                       

SECRETARY       

 

JAIN, Ashish

3, 2 Salisbury Ave

IVANHOE, VIC 3079

 

 

REGISTERED CHARGES

 

None on record

 

 

           

 

BUSINESS STRUCTURE

 

TRADING ADDRESS    

3, 2 Salisbury Ave

IVANHOE, VIC 3079                             

TELEPHONE     Not determined

FACSIMILE       Not determined

 

 

BANK

 

Not determined

 

                                               

EMPLOYEES

 

Not determined

 

           

BACKGROUND

 

The subject was incorporated in Victoria on 16 June 2006 under the current style.

 

 

OPERATIONS

 

Details pertaining to the subjects operations were unable to be obtained for the current enquiry.

 

Activities are conducted from premises located at the above listed trading address.

 

 

ADVERSE

                                               

A search of the of Baycorp Advantage Limited failed to trace any litigation listed against the subject at that date.

 

 

FINANCES

 

The subject is not required to lodge financial statements with the Australian Securities and Investments Commission.

 

During the current investigation, contact with the subject or its principals was unable to be established.

 

A search of records failed to trace any contact details under the subjects style. A further search of records failed to trace any contact details for Director, Ashish Jain.

 

As a result, details pertaining to the subjects operating, trading and financial position were unable to be obtained.

 

Please note, should further contact details be provided, this report will be updated and forwarded to your office.

 

 

TRADE SURVEY

 

During the current investigation, contact with the subjects principals was unable to be established.

 

Subsequently details pertaining to the company’s suppliers were unable to be obtained and a trade survey could not be conducted.

 

 

SUMMARY

 

The subject was incorporated in Victoria on 16 June 2006 under the current style.

 

During the current investigation, contact with the subject or its principals was unable to be established.

 

As a result, details pertaining to the subjects operating, trading and financial position were unable to be obtained.

 

Please note, should further contact details be provided, this report will be updated and forwarded to your office.

 

                                               

                                               


 

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

 

 

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