MIRA
INFORM REPORT
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Report Date : |
22.07.2011 |
IDENTIFICATION DETAILS
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Name : |
ATLAS SPECIALTY METALS PTY LTD |
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Registered Office : |
1-23 Lynch Road Brooklyn, VIC 3012 |
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Country : |
Australia |
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Date of Incorporation : |
NA |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Manufacturing sheet metal work for buildings |
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 |
Company name & address
Atlas Specialty Metals Pty Ltd
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Business
Description |
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Establishments primarily engaged in manufacturing sheet metal work for
buildings (not including fabrication work done by construction contractors at
the place of construction), and manufacturing stovepipes, light tanks, and
other products of sheet metal. |
Industry
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Industry |
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ANZSIC 2006: |
2240 - Sheet Metal Product Manufacturing (except
Metal Structural and Container Products) |
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NACE 2002: |
2811 - Manufacture of metal structures and parts of
structures |
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NAICS 2002: |
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UK SIC 2003: |
2811 - Manufacture of metal structures and parts of
structures |
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US SIC 1987: |
Key Executives
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1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1
Corporate Overview
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Corporate Structure News: |
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Atlas Specialty
Metals Pty Ltd |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Brooklyn, VIC |
Australia |
Iron and Steel |
77.1 |
819 |
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Subsidiary |
Brooklyn, VIC |
Australia |
Construction - Supplies and Fixtures |
193.0 |
300 |
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Subsidiary |
Port Melbourne, VIC |
Australia |
Fabricated Plastic and Rubber |
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Subsidiary |
Unanderra, NSW |
Australia |
Iron and Steel |
34.3 |
70 |
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Subsidiary |
Cibitung, Bekasi |
Indonesia |
Miscellaneous Capital Goods |
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35 |
Executives Report
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.43 |
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1 |
Rs.71.89 |
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Euro |
1 |
Rs.63.41 |
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.