MIRA INFORM REPORT

 

 

Report Date :           

12.07.2011

 

IDENTIFICATION DETAILS

 

Name :

JC MATTHEW (AUST) PTY LTD

 

 

Registered Office :

582 Whitehorse Road, Mitcham, Vic 3132

 

 

Country :

Australia

 

 

Date of Incorporation :

30.10.2008

 

 

Legal Form :

Proprietary Company

 

 

Line of Business :

Import and Distribution of Digital Products

 

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Australia

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 Bottom of Form

 

REGISTERED NAME 

 

JC MATTHEW (AUST) PTY LTD

ACN: 133 964 691

ABN: 44 13 964 691

 

     

CORPORATE SEARCH

 

Incorporation State: VIC

 

Incorporation Date: 30 OCT 2008

 

Registered Office

582 WHITEHORSE ROAD,

MITCHAM

VIC 3132

 

Registered Charges: 2

 

Both Fixed &Floating

OXFORD FUNDING PTY. LTD. (065663176)

1868256

Registered 20 OCT 2009

 

1854327

Registered 17 SEP 2009

Fixed

BMW AUSTRALIA FINANCE LIMITED (007101715)

 

Current Directors Total: 1

 

STANLEY YUNG-CHI CHEN – Appointed: 09 JAN 2009

2/2 EDMONTON Place DONCASTER EAST, Victoria

DOB: 07 JUN 1966

 

Share Structure - Classes Total: 1

 

ORD ORDINARY SHARES 12 $12 $0

 

Shareholders Total: 1

 

ORD 12 - MIRANDA CHIA-YUAN CHANG

 

BUSINESS STRUCTURE

 

TRADING ADDRESS     UNIT 14, 1866 Princess Hwy

                                    CLAYTON, VIC 3168                             

 

TELEPHONE                 (613) 9544 1288

 

BANK                           Not determined 

                                               

EMPLOYEES                Not determined 

 

 

BACKGROUND

 

The subject was incorporated in Victoria on 30 October 2008 under the current style.

 

 

OPERATIONS

 

The subject operates is believed to operate in the import and distribution of digital products including multimedia playing products and digital photo frames.

 

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 investigation contact with the subject or its principals was unable to be established.

 

Upon attempting to contact the subject on the telephone number provided it was advised that the numberhad been disconnected.

 

A search of the subjects website traced the following telephone number for the subject (03) 9872 6188. Upon calling this number it was also advised that this number had been disconnected.

 

A further search of records failed to trace any additional contact details for the subject.

 

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

 

Please note, should further contact details be provided 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 Victoria on 30 October 2008 under the current style.

 

During the current investigation contact with the subject or its principals was unable to be established.

 

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

 

Please note, should further contact details be provided this report will be updated and forwarded to your office.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.37

UK Pound

1

Rs.70.84

Euro

1

Rs.62.96

 

 

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.