MIRA INFORM REPORT

Report Date :

28.04.2011

IDENTIFICATION DETAILS

Name :	SYDNEY ALLEN PRINTERS PTY LTD

Formerly Known As :	Sydney Allen Marketing P/L

Registered Office :	Unit C, 10 South Street, Rydalmere, Nsw 2116

Country :	Australia

Date of Incorporation :	23.12.1994

Legal Form :	Proprietary Company

Line of Business :	Commercial Printers providing a comprehensive range of mailing, direct marketing and data-base services

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate

Payment Behaviour :	Unknown

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

Country Name

Previous Rating

(30.09.2010)

Current Rating

(31.12.2010)

Australia

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

REGISTERED NAME

SYDNEY ALLEN PRINTERS PTY LTD

ACN: 067 638 760

ABN: 67 067 638 760

CORPORATE SEARCH

Incorporation State: NSW

Incorporation Date: 23 DEC 1994

Registered Office

UNIT C,

10 SOUTH STREET,

RYDALMERE

NSW 2116

Registered Charges: 2

ESANDA FINANCE CORPORATION LIMITED (004346043)

1107499

Registered 26 NOV 2004

Fixed

Both Fixed & Floating

WESTPAC BANKING CORPORATION

652410

Registered 10 JUL 1998

Current Directors Total: 2

CHRISTOPHER MARTIN WALLACE – appointed: 07 NOV 2003

4/156 MILITARY Road NEUTRAL BAY, New South Wales

DOB: 05 DEC 1950

JOHN BERNARD MANGOS – appointed: 17 JUL 1998

125 FOWLER Road ILLAWONG, New South Wales

DOB: 03 FEB 1955

Share Structure - Classes Total: 1

ORD ORDINARY SHARES: 10000 – Amount paid: $10,000

Shareholders Total: 2

ORD 5000 - GLASTON HOLDINGS PTY LTD 105585742

ORD 5000 - DALECAST PTY. LIMITED

BUSINESS STRUCTURE

TRADING ADDRESS Unit C, 10 to 16 South St

RYDALMERE, NSW 2116

TELEPHONE (612) 9638 5500

FACSIMILE (612) 9638 6531

BANK WESTPAC BANKING CORPORATION

EMPLOYEES Not determined

BACKGROUND

The subject was incorporated in New South Wales on 23 December 1994 as Sydney Allen Marketing P/L before adopting the current style on 30 June 1995.

OPERATIONS

The subject operates as commercial printers providing a comprehensive range of mailing, direct marketing and data-base services.

Activities are conducted from premises located at the above listed trading address.

ADVERSE

A search of failed to trace any adverse findings 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 Karen, she declined to confirm or provide any details pertaining to the subject unless the source of the enquiry was released.

As a result, details pertaining to the subjects operating trading and financial position were unable to be obtained for the current enquiry.

TRADE SURVEY

Details pertaining to the subjects suppliers were not provided for the current enquiry.

A trade survey on the subject was subsequently unable to be conducted.

SUMMARY

The subject was incorporated in New South Wales on 23 December 1994 as Sydney Allen Marketing P/L before adopting the current style on 30 June 1995.

Details pertaining to the subjects operating trading and financial position were unable to be obtained for the current enquiry.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.40
UK Pound	1	Rs.73.26
Euro	1	Rs.65.17

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
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
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
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
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
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
----	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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.