MIRA INFORM REPORT

 

 

Report Date :

11.01.2011

 

IDENTIFICATION DETAILS

 

Name :

ROJO PACIFIC PTY LTD

 

 

Registered Office :

15 Lantana Street, Lackburn North, Victoria 3130

 

 

Country :

Australia

 

 

Date of Incorporation :

17.10.2003

 

 

Legal Form :

Proprietary Company

 

 

Line of Business :

imports wide format outdoor signage materialsand supply direct to screen and digital printers

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

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 – June 30, 2010

 

Country Name

Previous Rating

                   (01.04.2010)                  

Current Rating

(30.06.2010)

Australia

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

REGISTERED NAME 

 

ROJO PACIFIC PTY LTD

ACN: 106 714 881

ABN: 98 106 714 881

                                                           

     

CORPORATE SEARCH

 

Incorporation Date:                     17 Oct 2003

 

Incorporation State:                    Victoria

 

Registered Office                       15 LANTANA Street

LACKBURN NORTH, Victoria 3130 Australia

 

Charges                                    Date Registered: 11 Mar 2005

Chargee Name: 004 044 937 NATIONAL AUSTRALIA

Charge Type: Fixed and floating charge

ASIC Charge No: 1139930

 

Number of Shares Issued: 12

 

Paid Capital:                              12

 

Shareholders                             ROMAYNE VIOLET WRIGHT

Number of Shares: 6

 

JOHN CAMERON WRIGHT

Number of Shares: 6

 

Directors                                   WRIGHT, JOHN CAMERON

Appointment Date: 17 Oct 2003

Date of Birth: 12 Sep 1969

Gender: Male

Address: 15 LANTANA Street BLACKBURN NORTH, Victoria 3130 Australia

Resident Overseas: No

 

Secretary                                  JOHN CAMERON WRIGHT

Appointment Date: 17 Oct 2003

 

BUSINESS STRUCTURE

 

TRADING ADDRESS     1, 50 Rooks Rd

                                    NUNAWADING, VIC 3131                                  

 

TELEPHONE                 (613) 9872 1000

 

FACSIMILE                   (613) 9872 1099

 

MOBILE                        0413 661 376

 

BANK                           NATIONAL AUSTRALIA BANK

                                               

EMPLOYEES                Not determined 

 

 

BACKGROUND

 

The subject was incorporated in Victoria on 17 October 2003 under the current style.

 

 

OPERATIONS

 

The subject operates in the imports wide format outdoor signage materialsand supply direct to screen and digital printers.

 

The subject imports PVC coated fabrics and sources product from a compliant supplier in China.

 

The subject has a network of authorised distributors in Australia,mainly in non-Victorian states selling their products.

 

 

ADVERSE

                                               

A search of the of Baycorp Advantage Limited 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 Director John Wright, he 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 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 Victoria on 17 October 2003 under the current style.

 

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


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.37

UK Pound

1

Rs.70.38

Euro

1

Rs.58.93

 

 

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.