MIRA INFORM
REPORT
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Report Date : |
27.01.2011 |
IDENTIFICATION DETAILS
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Name : |
ASSURED HOSPITALITY PTY LTD |
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Registered Office : |
Level 1 Ascot
Centre, 152 Great Eastern Highway, |
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Country : |
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Date of Incorporation : |
16.05.1997 |
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Legal Form : |
Proprietary Company |
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Line of Business : |
provider of |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Undetermined |
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Payment
Behaviour : |
---- |
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Litigation : |
---- |
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
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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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
ASSURED
HOSPITALITYPTY LTD
ACN: 078 572 380
ABN: 35 078 572
380
CORPORATE SEARCH
Incorporation
Date: 16 MAY 1997
Registered
Office
LEVEL 1
152 GREAT
EASTERN HIGHWAY,
WA 6104
Main Business
Location
State:
Postcode: 6104
Current
Directors Total: 2
SALLY ANN KELLY
– appointed: 16 MAY 1997
DOB: 15 OCT 1955
JONATHON ROSS
WARREN – appointed: 16 MAY 1997
5 CROYDON Street
NEDLANDS,
DOB: 19 APR 1952
Share
Structure - Classes Total: 1
ORD ORDINARY
SHARES - 100
Share capital
$100
Shareholders
Total: 2
ORD 50 - BOUNTY
ENTERPRISES PTY LTD
ORD 50 -
KEYSCENE PTY LTD
BUSINESS STRUCTURE
TRADING ADDRESS Level 1, 152 Great Eastern Highway
TELEPHONE (618) 9333 1711
AFFILATED
ENTITIES CITY AND SUBURBAN GROUP P/L
EMPLOYEES Not determined
BACKGROUND
The subject was incorporated in
OPERATIONS
The subject is believed to operate as a provider of holiday
accommodation through self-contained apartments in
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 investigations contact with the subjects Financial Controller Peter Hussey or Managing Director Sally Kelly was unable to be established.
During initial investigations numerous messages were left for Mr Hussey to contact our office. No reply was received. Eventually it was advised that he is on annual leave and is not due to return until Wednesday 2 February 2011.
Messages have also been left for Managing Director sally Kelly, however a reply is yet to be received.
As a result details pertaining to the subjects operating trading and financial position were unable to be obtained for the current enquiry.
Please note, this is an interim reply and upon contacting the subjects principals and receiving additional information this report will be updated and forwarded to your office.
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
Details pertaining to the subjects operating trading and financial position were unable to be obtained for the current enquiry.
Please note, this is an interim reply and upon contacting the subjects principals and receiving additional information this report will be updated and forwarded to your office.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.53 |
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1 |
Rs.72.78 |
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Euro |
1 |
Rs.62.14 |
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 |
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.