MIRA
INFORM REPORT
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Report Date : |
15.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
BOND STREET JEWELLERS PTY LTD |
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Registered Office : |
835 Pennant Hills Rd, Carlingford, NSW 2118 |
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Country : |
Australia |
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Date of Incorporation : |
26.02.2002 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Import and Wholesale Distribution of Diamond Jewellery. |
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
BOND STREET JEWELLERS PTY LTD
ACN
099 720 868
ABN
66 099 720 868
INCORPORATED
26 February 2002
REGISTERED ADDRESS
835 Pennant Hills Rd
CARLINGFORD, NSW 2118
SHARECAPITAL
$2
SHAREHOLDERS
KEVERIAN, Zorro Holds 1 share
KEVERIAN, Harry Holds 1 share
DIRECTORS
KEVERIAN, Lucy
19 Prahran Ave
FRENCHS FOREST, NSW 2086
KEVERIAN, Carolin
9 Busby Pl
FRENCH FOREST, NSW 2086
KEVERIAN, Zorro
9 Busby Pl
FRENCH FOREST, NSW 2086
KEVERIAN, Harry
19 Prahran
Ave
FRENCHS
FOREST, NSW 2086
SECRETARY
KEVERIAN,
Harry
19 Prahran
Ave
FRENCHS
FOREST, NSW 2086
REGISTERED CHARGES
None on record
BUSINESS STRUCTURE
TRADING ADDRESS
67 Archer St
CHATSWOOD, NSW 2067
TELEPHONE (612) 9413 9100
FACSIMILE (612) 9413 1200
BANK
Not determined
EMPLOYEES
Not determined
BACKGROUND
The subject was incorporated in New South Wales on 26 February 2002 under the current style.
OPERATIONS
The subject operates in the import and wholesale distribution of diamond jewellery.
Activities are conducted from premises located at the above listed trading address.
ADVERSE
A search of the of Credit Advantage Limited 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 interview conducted with the subjects Financial Controller, Charmaine, she requested that any queries pertaining to the subject must be conducted in writing. A facsimile was subsequently sent.
Despite chasing, further details pertaining to the subject were not forthcoming.
As a result, information pertaining to the subjects operating, trading and financial position were unable to be obtained.
TRADE SURVEY
During the current investigation, details pertaining to the subjects suppliers were not provided.
A trade survey on the subject was subsequently unable to be conducted.
SUMMARY
The subject was incorporated in New South Wales on 26 February 2002 under the current style.
During the current investigation, information pertaining to the subjects operating, trading and financial position were unable to be obtained.
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%)