MIRA
INFORM REPORT
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Report Date : |
04.08.2008 |
IDENTIFICATION
DETAILS
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Name : |
STEPHEN MURRAY DESIGNS LTD |
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Formerly Known as : |
CONYNGHAMS INVESTMENTS LIMITED |
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Registered Office : |
130 St Georges Bay Road, Parnell, Auckland |
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Country : |
New Zealand |
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Date of Incorporation : |
09.03.1970 |
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Com. Reg. No.: |
78623 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Design, Import and Distribution of Clothing and Fashion Items. |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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. |
Small |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
REGISTERED NAME
STEPHEN MURRAY DESIGNS LTD
CORPORATE SEARCH
Company Number 78623
Company STEPHEN
MURRAY DESIGNS LIMITED
Incorporated 09-MAR-1970
Current Status REGISTERED
Entity Type Company
Constitution Filed No
Annual Return
Filing Month March
Previous Names
(Names changed prior to 1992 may not be recorded)
Company Name Date
Changed
STEPHEN MURRAY AGENCIES LIMITED 20-FEB-1995
CONYNGHAMS INVESTMENTS LIMITED 30-MAY-1986
Address Details
Registered Office
130 St Georges Bay Road
Parnell
Auckland
Address for Service
130 St Georges Bay Road
Parnell
Auckland
Directors
(Where appointments are prior to February 1993 the date shown may relate
to when the information was entered on this database.)
Name Date
Appointed:
MURRAY, Stephen Reginald 09-APR-1992
5 Tirohanga Road, Remuera, Auckland
Share Parcels
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Total Number
of shares |
3,000 |
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Number of
Shares |
2,396 |
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Shareholder(s) |
MURRAY, Stephen
Reginald |
5 Tirohonga Ave,
Remuera |
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MURRAY, Carolyn
Dianne |
5 Tirohonga Ave,
Remuera |
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927886 - CORNWALL TRUSTEES
LIMITED |
C/- Gilligan Rowe
& Associates Ltd, Level 6/135 Broadway, Newmarket, Auckland |
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Number of
Shares |
600 |
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Shareholder(s) |
HARGREAVES,
Cherie |
106 Atkin Avenue,
Mission Bay, Auckland |
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HARGREAVES, Dean |
106 Atkin Avenue,
Mission Bay, Auckland |
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1046691
- SKEATES SIMPSON DOWSETT TRUSTEE COMPANY LIMITED |
1280 Dominion
Road, Mt Roskill, Auckland |
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Number of
Shares |
3 |
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Shareholder(s) |
MURRAY, STEPHEN
REGINALD |
5 Tirohanga Road,
Remuera |
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Number of
Shares |
1 |
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Shareholder(s) |
MURRAY, Carolyn
Dianne |
5 Tirohonga Ave,
Remuera |
BUSINESS STRUCTURE
TRADING ADDRESS 28
Lunn Ave
MT
WELLINGTON, AUCKLAND
TELEPHONE (649) 300 6218
FACSIMILE (649) 300 6219
BANK ASB
EMPLOYEES 15
BACKGROUND
The subject was incorporated in New Zealand on 9 March 1970 AS Conynghams
Investments Ltd, changing name on 30 May 1986 to Stephen Murray Agencies Ltd,
before adopting the current style on 28 February 1995.
OPERATIONS
The subject operates in the design, import and distribution of clothing
and fashion items.
The subject is the licensed distributor of ‘All Blacks’ merchandise in
New Zealand.
Activities are conducted from premises located at the above listed
trading address.
FINANCES
The subject is not required to lodge financial statements with the New
Zealand Companies Office.
During the current interview conducted with the subjects Financial Controller, he confirmed the subjects search and operational details, however declined to provide any financial or trading information as a matter of strict company policy.
Subsequently details in this regard were unable to be obtained during the current investigation
TRADE SURVEY
During the current investigation, details pertaining to the subject’s suppliers were not provided.
A trade survey on the subject was subsequently unable to be conducted.
SUMMARY
The subject was incorporated in New Zealand on 9 March 1970 AS
Conynghams Investments Ltd, changing name on 30 May 1986 to Stephen Murray
Agencies Ltd, before adopting the current style on 28 February 1995.
During the current investigation, details pertaining to the subject’s financial and trading position were unable to be obtained.
In view of the above, the subject has been assigned with a rating of ‘NA 5’.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.42.37 |
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UK Pound |
1 |
Rs.84.00 |
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Euro |
1 |
Rs.65.96 |
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. |
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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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%)