MIRA
INFORM REPORT
|
Report Date : |
07.05.2007 |
IDENTIFICATION DETAILS
|
Name : |
MARBRET INTERNATIONAL PTY LTD |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
1 November 1982 |
|
|
|
|
Legal Form : |
Proprietary Company, Limited By Shares |
|
|
|
|
Line of Business : |
Importer and wholesaler of a wide range of |
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 |
|
|
|
|
Payment Behaviour : |
-- |
|
|
|
|
Litigation : |
-- |
|
REGISTERED NAME: |
MARBRET
INTERNATIONAL PTY LTD |
|
|
|
|
AUSTRALIAN
COMPANY NUMBER: |
009 052 868 |
|
|
|
|
AUSTRALIAN
BUSINESS NUMBER: |
26 009 052 868 |
|
|
|
|
OPERATING
ADDRESS: |
|
|
|
|
|
REGISTERED ADDRESS: |
1/216 St Georges Terrace, |
|
|
|
|
OTHER TRADING
NAMES: |
Nil |
|
|
|
|
TELEPHONE
NUMBER: |
(08) 9227 8415 |
|
|
|
|
FAX NUMBER: |
(08) 9328 2661 |
|
|
|
|
WEB SITE
ADDRESS: |
www.marbret.com.au |
|
|
|
|
DATE OF INCORPORATION: |
1 November 1982 – Incorporated in |
|
|
|
|
CHANGE OF NAME: |
9 June 1988 - To present name. |
|
|
|
|
PAID CAPITAL: |
$5 in $1 shares. |
|
|
|
|
DIRECTORS: |
SIMON KURT
HUITENGA COTTESLOE, W.A. 6011 JOANNE ROBYN
HUNTER COTTESLOE, W.A. 6011 BRETT NIGEL
HUITENGA COTTESLOE, W.A. 6011 |
|
|
|
|
SHAREHOLDERS: |
Refer HISTORY |
|
|
|
|
SECRETARY: |
BRETT NIGEL
HUITENGA |
|
|
|
|
AUDITORS: |
Not shown |
|
|
|
|
REGISTERED
CHARGES: |
Refer REGISTERED CHARGES |
|
|
|
|
PAYMENTS: |
Refer TRADING |
|
|
|
|
LEGAL ACTIONS /
DEFAULTS: |
Nil |
|
|
|
|
EMPLOYEES: |
8 |
PARENT COMPANY
NIL
ASSOCIATE COMPANIES
DALEGOLD HOLDINGS PTY LTD
ACTIVITIES
The subject is an importer and wholesaler of a wide range of
Marbret
International Pty Ltd was founded in 1962 and is a family owned
business based in
The office
in
The
manufacturing warehouse which started production in January 2005, has given the
company the freedom to be able to create it’s own original product as well as
being able to supply a valuable 'made to order' service to Customers. The
subject has agents in all states of
The company
stocks it’s own products as well as other quality products. The range of
products include Baronne & Beaux Bed Linen (Commercial - Plain Dyed -
Printed - Flannelette), Baronne Towels (Commercial - Lifestyle - Beach -
Canningvale), Baronne Mattress & Pillow Protectors, Quilts (Wool - Feather
- Polyester), Pillows, Bedspreads, Comforters, Blankets and Tea Towels.
Operations are conducted from premises situated at the heading address.
The company does not have any branches.
The subject employs 8 in activities.
HISTORY
The subject was incorporated in
Australian Company Number: 009 052 868.
Paid capital $5 in 5 shares paid to $1 each.
Shares are held by:
DALEGOLD PTY LTD 2
BRETT NIGEL HUITENGA 2
JOANNE ROBYN HUNTER 1
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 in 1962, with present
incorporation taking place in November 1982.
DIRECTORS
SIMON KURT
HUITENGA was born on 4 March 1988 and was appointed to the board of directors on
30 June 2006.
JOANNE ROBYN
HUNTER was born on 8 September 1957 and was appointed to the board of directors
on 7 August 1998. She is fully active in the day to day operations of the
company.
BRETT NIGEL
HUITENGA was born on 3 April 1957 and was appointed to the board of directors on
24 January 1983. He is fully active in the day to day operations of the
company.
BANK
COMMONWEALTH BANK OF
VICTORIA PARK,
W.A. 6100
The bank holds two Registered Charges over company assets. Please refer
to the REGISTERED CHARGE section for
details.
TRADING
Trade references in relation to the subject have been declined.
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:
Nothing has been recorded to date in 2007.
On 25 August 2006 to Ford Credit
On 4 March 2004 to Service Finance Corporation for Leasing for an amount
of $1,168.
On 16 February 2004 to Canon Finance
On 28 April 2003 to Diners Club International for Credit Card.
On 4 December 2002 to American Express New Accounts NSW for Credit card.
REGISTERED CHARGES
The following Registered Charges have been recorded over the subject’s
assets:
On 13 September 2006, Fixed Charge to Ford Credit
On 26 August 1998, Fixed and Floating Charge to Commonwealth Bank Of
On 20 July 1994, Fixed and Floating Charge to Commonwealth Bank Of
RECORDED ACTIONS
Nothing of an adverse nature has been recorded against the subject.
INVESTIGATION
An interview was conducted with Mrs Joanne R Hunter, Director, in May
2007. At this time she declined all information in relation to the subject’s
trading and financial position, stating that if the name of the enquirer is
made known consideration would be given to providing the relevant details.
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
Paid capital $5 in 5 shares paid to $1 each.
The subject is an importer and wholesaler of a wide range of
Full details in
relation to the company have been declined. 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 |
|
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%)