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MIRA
INFORM REPORT
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Report Date : |
05.04.2011 |
IDENTIFICATION DETAILS
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Name : |
ALL TRAILER SPARES ( |
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Registered Office : |
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Country : |
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Date of Incorporation : |
06.02.1998 |
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Legal Form : |
Proprietary Limited Company |
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Line of Business : |
Manufacture of a range of trailers including boat trailers, caravans,
car trailers etc. |
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 |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
name and address
ALL TRAILER SPARES
(
ACN: 081 545 011
ABN: 40 081 545
011
CORPORATE SEARCH
Incorporation Date: 06
Feb 1998
Charges Date Registered:
17 Apr 2009
Chargee Name: 004 044 937 NATIONAL
Charge Type: Fixed charge
ASIC Charge No: 1778297
Date Registered: 18 Jan 1999
Chargee Name: 004 044 937 NATIONAL
Charge Type: Fixed and floating charge
ASIC Charge No: 679727
Number of Shares Issued: 200
Paid Capital: 200
Shareholders DONNA LEANNE
DENOVAN
Number of Shares:
100
ALISTAIR BRIAN DENOVAN
Number of Shares: 100
Directors DENOVAN, ALISTAIR
BRIAN
Appointment Date: 06 Feb 1998
Date of Birth: 25 Nov 1954
Gender: Male
Address: 158
Resident Overseas: No
Secretary ALISTAIR BRIAN
DENOVAN
Appointment
Date: 06 Feb 1998
BUSINESS STRUCTURE
TRADING ADDRESS 605
Toohey Rd
POSTAL ADDRESS
TELEPHONE (617)
3277 2802
FACSIMILE (617)
3277 2483
BANK NATIONAL
AUSTRALIA BANK
EMPLOYEES 6
to 7
BACKGROUND
The subject was incorporated in
Operations were originally established as anew venture in 1993.
OPERATIONS
The subject operates in the manufacture of a range of trailers including
boat trailers, caravans, car trailers etc.
The subject also supplies a range of spare parts.
Clients include ‘Supercheap Auto’ and
the buying group ‘Capricorn Society’.
Activities are conducted from premises located at the above listed
trading address.
ADVERSE
A search of on 29 March 2011 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 interview conducted with Manager Steve Denovan he
request that any queries pertaining to the subject be forwarded in writing to
him at sales@alltrailerspares.com.au.
An email was subsequently sent, however a reply is yet to be received.
As a result details pertaining to the subject’s financial and trading
position were unable to be obtained for the current enquiry.
The subject is noted to maintain financing facilities with the National
Australia Bank which are secured by two registered charges.
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
Operations were originally established as anew venture in 1993.
Details pertaining to the subject’s financial and trading position were
unable to be obtained for the current enquiry.
The subject is noted to maintain financing facilities with the National
Australia Bank which are secured by two registered charges.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.65 |
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1 |
Rs.71.93 |
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Euro |
1 |
Rs.63.24 |
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 |
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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NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.