MIRA INFORM REPORT

 

 

 

Report Date :

22.07.2011

 

IDENTIFICATION DETAILS

 

Name :

ABARIS PRINTING & PUBLISHING

 

 

Registered Office :

38 Park West Dr Derrimut, VIC 3030

 

 

Country :

Australia

 

 

Com. Reg. No.:

35 004 340 685

 

 

Legal Form :

Private Independent

 

 

Line of Business :

Printing and Publishing

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

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

 

Company name 

 

Abaris Printing & Publishing                   

 

38 Park West Dr

Derrimut, VIC 3030

Australia

 

Tel: 03 9267 2677

Fax: 03 9267 2600

 

 

Summary

 

Employees:                   85

Company Type:             Private Independent

                       

Financials in:         

                              

Reporting Currency:       Australian Dollar

Annual Sales:                16.7

Total Assets:                 NA

 

 

Business Description     

 

 

This major group includes establishments engaged in printing by one or more common processes, such as letterpress; lithography (including offset), gravure, or screen; and those establishments which perform services for the printing trade, such as bookbinding and platemaking. This major group also includes establishments engaged in publishing newspapers, books, and periodicals, regardless of whether or not they do their own printing.

 

 

Industry

             

 

Industry

Printing and Publishing

ANZSIC 2006:

16 - Printing (including the Reproduction of Recorded Media)

NACE 2002:

22 - Publishing, Printing and Reproduction of Recorded Media

NAICS 2002:

511 - Publishing Industries

UK SIC 2003:

22 - Publishing, Printing and Reproduction of Recorded Media

US SIC 1987:

27 - Printing, Publishing, and Allied Industries

 

 

Key Executives   

             

Name

Title

Source

Simon Brennan

Managing Director

IncNet

 

1 - Profit & Loss Item Exchange Rate: USD 1 = AUD 1.198397

2 - Balance Sheet Item Exchange Rate: USD 1 = AUD 1.434309


Corporate Overview

 

 

Location
38 Park West Dr
Derrimut, VIC, 3030
Australia

 

Tel:

03 9267 2677

Fax:

03 9267 2600

 

 

Sales AUD(mil):

20.0

Assets AUD(mil):

NA

Employees:

85

 

Industry:

Printing and Publishing

Company Type:

Private Independent

Quoted Status:

Not Quoted

Registered No.(Asia):

35 004 340 685

 

Managing Director:

Simon Brennan

 

 

Contents

 

·         Industry Codes

·         Business Description

·         Financial Data

           

 

Industry Codes

 

ANZSIC 2006 Codes:

16

-

Printing (including the Reproduction of Recorded Media)

 

NACE 2002 Codes:

22

-

Publishing, Printing and Reproduction of Recorded Media

 

NAICS 2002 Codes:

511

-

Publishing Industries

 

US SIC 1987:

27

-

Printing, Publishing, and Allied Industries

 

UK SIC 2003:

22

-

Publishing, Printing and Reproduction of Recorded Media

 

Business Description

 

This major group includes establishments engaged in printing by one or more common processes, such as letterpress; lithography (including offset), gravure, or screen; and those establishments which perform services for the printing trade, such as bookbinding and platemaking. This major group also includes establishments engaged in publishing newspapers, books, and periodicals, regardless of whether or not they do their own printing.

 

 

 

 

 

 

 

 

Financial Data

 

Financials in:

AUD(mil)

 

Revenue:

20.0

1 Year Growth

NA

 

 

 

 

Executives

 

 

Name                                        Title                              Function                                   

 

Simon Brennan              Managing Director                      Chief Executive Officer               

 

 Bottom of Form

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.43

UK Pound

1

Rs.71.89

Euro

1

Rs.63.41

 

 

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.