MIRA
INFORM REPORT
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Report Date : |
28.04.2011 |
IDENTIFICATION DETAILS
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Name : |
PLATYPUS GRAPHICS PTY LTD |
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Registered Office : |
Hanrick Curran Level 9, |
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Country : |
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Date of Incorporation : |
07.06.1989 |
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Legal Form : |
Proprietary Limited Company |
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Line of Business : |
Provider of print and packaging
products and services. |
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 : |
Exists |
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 |
CORPORATE REPORT
PLATYPUS GRAPHICS
PTY LTD
ACN: 010 942 417
ABN: 89 010 942
417
CORPORATE SEARCH
Incorporation Date: 07 JUN 1989
Registered Office
HANRICK CURRAN LEVEL 9,
QLD 4000
Registered Charges: 2
2016153
Registered 14 JUL 2010
Fixed
NATIONAL AUSTRALIA BANK LIMITED (004044937)
Both Fixed & Floating
COMMONWEALTH BANK OF
790777
Registered 14 MAR 2001
Current Directors Total: 1
THOMAS CLAUDE LUSCH – appointed: 29 JUN 1989
DOB: 05 JAN 1955
Share Structure - Classes Total: 1
ORD1 ORDINARY SHARES: 120 – amount paid: $120
Shareholders Total: 1
ORD1 120 - DRAYGON PTY. LIMITED
BUSINESS STRUCTURE
TRADING ADDRESS 24
Webster Rd
TELEPHONE (617)
3352 0300
FACSIMILE (617)
3856 4159
HOLDING ENTITY DRAYGON
P/L
EMAIL accounts@platypusgraphics.com
BANK Not
determined
EMPLOYEES Not
determined
BACKGROUND
The subject was incorporated in
Operations were established in 1985.
OPERATIONS
The subject operates as a provider of
print and packaging products and services.
The subject print a range of large and small format publications and
design and construct packaging solutions for the display, promotional and
retail markets.
Activities are conducted from premises located at the above listed
trading address.
ADVERSE
A search of on 20 April 2011 traced the following adverse findings
listed against the subject at that date.
Court Actions
Date :
04.09.2008
Creditors name :
Manpower Services Aust Pty Limited
Amount :
$11,473
Plaintiff No. :
2284/08/QBNE
Association Code :
Companys Account
Court Code :
Status :
Paid 08.09.2008
FINANCES
The subject is not required to lodge financial statements with the
Australian Securities and Investments Commission.
During the current investigation contact with the subjects financial
controller, Joh, was unable to be established. Despite messages being left, no
reply has been received. Eventually it was advised that any queries pertaining
to the subject should be forwarded to her in writing to accounts@platypusgraphics.com.au.
An email has been sent however no reply has been received.
As a result, details pertaining to the subjects operating trading and
financial position were unable to be obtained for the current enquiry.
The subject is noted to maintain financing facilities with the National
Australia Bank and Commonwealth Bank
which are secured by registered charges.
TRADE SURVEY
During the current investigation, contact with the subjects principals
was unable to be established.
Subsequently details pertaining to the company’s suppliers were unable to
be obtained and a trade survey could not be conducted.
SUMMARY
The subject was incorporated in
Operations were established in 1985.
Details pertaining to the subjects operating trading and financial
position were unable to be obtained for the current enquiry.
The subject is noted to maintain financing facilities with the National
Australia Bank and Commonwealth Bank which are secured by 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.44.40 |
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1 |
Rs.73.26 |
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Euro |
1 |
Rs.65.17 |
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.