MIRA INFORM REPORT
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Report Date : |
19.04.2011 |
IDENTIFICATION DETAILS
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Name : |
KEITH GAMBLE PTY LTD |
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Registered Office : |
120 Dunheved Circuit, St Marys Nsw 2760 |
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Country : |
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Date of Incorporation : |
22.07.1958 |
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Legal Form : |
Proprietary Limited Company |
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Line of Business : |
Import and whole of textiles and fabrics. |
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 |
REGISTERED
NAME
KEITH GAMBLE PTY
LTD
ACN: 000 242 571
ABN: 65 000 242
571
CORPORATE
SEARCH
Incorporation Date: 22 JUL 1958
Registered Office
120 DUNHEVED CIRCUIT,
ST MARYS
NSW 2760
Registered Charges: 1
Both Fixed & Floating
COMMONWEALTH BANK OF
440908
Registered 30 MAY 1994
Current Directors Total: 1
RICHARD JOHN CHURCH – Appointed: 04 OCT 1978
DOB: 27 FEB 1952
Current Secretaries Total: 1
Share Structure - Classes Total: 1
ORD ORDINARY SHARES: 2125 – Amount paid: $4,250
Shareholders Total: 1
ORD 2125 - CHURCH INVESTMENTS PTY LIMITED
BUSINESS
STRUCTURE
TRADING ADDRESS 120
Dunheved Cct
ST
MARYS NSW 2760
TELEPHONE (612)
9623 4500
HOLDING ENTITY CHURCH
INVESTMENTS P/L
TRADING STYLE POLO
TEXTILES
BANK COMMONWEALTH
BANK OF
EMPLOYEES 12
Full time plus casuals
BACKGROUND
The subject was incorporated in
OPERATIONS
The subject operates in the import and whole of textiles and fabrics.
Activities are conducted from premises located at the above listed
trading address.
ADVERSE
A search of 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 the subjects Financial
Controller Adam, 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.
The subject maintains a financing facility with the Commonwealth Bank, which
is secured by a registered charge over certain fixed and floating assets of the
company.
TRADE
SURVEY
A trade survey on the subject traced the following accounts:
1. (Direct Freight
Services) Purchases average $8,000 to $10,000 per month on 30 day terms.
Payment is met in 30 to 35 days and the account is considered satisfactory
having been known since July 2009.
2. (Cable International)
Nominated supplier failed to respond to correspondence despite chasing.
SUMMARY
The subject was incorporated in
Details pertaining to the subject’s financial position were unable to be
obtained for the current enquiry.
The subject maintains a financing facility with the Commonwealth Bank,
which is secured by a registered charge over certain fixed and floating assets
of the company.
Enquiries in trade quarters revealed satisfaction from suppliers
contacted in dealing with the subject on a credit basis.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.27 |
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1 |
Rs.72.08 |
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Euro |
1 |
Rs.63.66 |
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 |
-- |
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.