MIRA INFORM REPORT
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Report Date : |
15.07.2011 |
IDENTIFICATION DETAILS
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Name : |
PLATYPUS OUTDOOR GROUP PTY LTD |
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Formerly Known As : |
Badger Creek
Traders P/L |
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Registered Office : |
6 Westpool Drive,
Hallam, Vic 3803 |
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Country : |
Australia |
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Date of Incorporation : |
10.07.1995 |
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Legal Form : |
Proprietary Company |
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Line of Business : |
design and distribution of outdoors and military
apparel and equipment |
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 : |
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
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Australia |
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
PLATYPUS OUTDOOR
GROUP PTY LTD
ACN: 070 281 284
ABN: 25 850 258 7187
CORPORATE SEARCH
Incorporation
State: VIC
Incorporation
Date: 10 JUL 1995
Registered Office
6 WESTPOOL DRIVE,
HALLAM
VIC 3803
Registered
Charges: 3
PRIMUS AUTOMOTIVE
FINANCIAL SERVICES A DIVISION OF FCA HOLDINGS LIMITED (129123673)
1722933
Registered 24 NOV
2008
Fixed 03
1657204
Registered 03 JUL
2008
Fixed 20 JUN 2008
FCA HOLDINGS LIMITED
(004915100)
847561
Registered 21 FEB
2002
Fixed
COMMONWEALTH BANK OF
AUSTRALIA (123123124)
Current Directors
Total: 2
SAMANTHA DOYLE-COX –
Appointed: 21 SEP 1998
235 BERGLUND Road
BEACONSFIELD UPPER, VICTORIA
DOB: 02 MAR 1970
BENJAMIN DOYLE-COX –
Appointed: 10 JUL 1995
235 BERGLUND Road
BEACONSFIELD UPPER, VICTORIA
DOB: 16 MAR 1969
Current
Secretaries Total: 1
BENJAMIN DOYLE-COX –
Appointed: 10 JUL 1995
Share Structure -
Classes Total: 1
ORD ORDINARY SHARES:
11 – Amount paid: $11 $
Shareholders
Total: 2
ORD 1 - SAMANTHA
DOYLE-COX
ORD 10 - BENJAMIN
DOYLE-COX
BUSINESS STRUCTURE
TRADING ADDRESS 6 WESTPOOL Dr
HALLAM, VIC 3803
TELEPHONE (613) 9796 5355
FACSIMILE (613) 9796 3844
BANK Not determined
EMPLOYEES Not determined
BACKGROUND
The subject was incorporated in Victoria on 10 July 1995 as Badger Creek Traders P/L before adopting the current style on 15 April 2004.
OPERATIONS
The subject
operates in the design and distribution of outdoors and military apparel and
equipment.
The subject’s
product lines have included Armour,
Infantry, MPs, Transport, Artillery, Intelligence, RAAF and Police and Army
Special Forces.
Activities are conducted from premises located at the above listed trading address.
ADVERSE
A search of of on 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 it was requested that all queries pertaining to the subject be forwarded in writing to the subjects Director Sam Doyle-Cox.
An email was subsequently sent to her on sam@platypusoutdoors.com.au.
Upon responding it was advised that details pertaining to the subject would not be forthcoming 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 Victoria on 10 July 1995 as Badger Creek Traders P/L before
adopting the current style on 15 April 2004.
Details pertaining
to the subjects operating trading and financial position were unable to be
obtained for the current enquiry.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.53 |
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UK Pound |
1 |
Rs.71.80 |
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Euro |
1 |
Rs.63.15 |
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.