MIRA INFORM REPORT

 

 

Report Date :           

03.06.2011

 

IDENTIFICATION DETAILS

 

Name :

EGOTRADE PTY LTD

 

 

Formerly Known As :

RAGKAT P/L

 

 

Registered Office :

23 Lionel Road, Mount Waverley, Victoria 3149 Australia

 

 

Country :

Australia

 

 

Date of Incorporation :

21.12.2000

 

 

Legal Form :

Proprietary Company

 

 

Line of Business :

Commercial Printers

 

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      

 

EGOTRADE PTY LTD

ACN: 095 457 739

ABN: 44 095 457 739

 

 

CORPORATE SEARCH

 

Incorporation Date:                     21 Dec 2000

 

Incorporation State:                    Victoria

 

Registered Office                       23 LIONEL Road

MOUNT WAVERLEY, Victoria 3149 Australia

 

Charges                                    Date Registered: 28 Oct 2010

Chargee Name: 004 044 937 NATIONAL AUSTRALIA

Charge Type: Fixed charge

ASIC Charge No: 2071882

 

Date Registered: 28 Oct 2010

Chargee Name: 004 044 937 NATIONAL AUSTRALIA

Charge Type: Fixed charge

ASIC Charge No: 2071881

 

Date Registered: 24 Dec 2008

Chargee Name: 095 457 640 ADAM GLOVER NO. 2

Charge Type: Fixed and floating charge

ASIC Charge No: 1738474

 

Date Registered: 06 Oct 2006

Chargee Name: 004 044 937 NATIONAL AUSTRALIA

Charge Type: Fixed charge

ASIC Charge No: 1365017

 

Date Registered: 02 Dec 2004

Chargee Name: 004 044 937 NATIONAL AUSTRALIA

Charge Type: Fixed charge

ASIC Charge No: 1108463

 

Date Registered: 05 Feb 2001

Chargee Name: 095 457 640 ADAM GLOVER NO. 2

Charge Type: Fixed and floating charge

ASIC Charge No: 785743

Number of Shares Issued:           100

 

Paid Capital:                              100

 

Shareholders                             ADAM GLOVER NO. 2 PTY. LTD.

Number of Shares: 75

 

ROSELYN BERYL RATTRAY-WOOD

Number of Shares: 25

 

Directors                                   TOMLIN, ASHLEY MARK

Appointment Date: 21 Dec 2000

Date of Birth: 28 Dec 1961

Gender: Male

Address: 186 OLD ELTHAM Road LOWER PLENTY, Victoria 3093 Australia

Resident Overseas: No

 

Secretary                                  ASHLEY MARK TOMLIN

Appointment Date: 21 Dec 2000

 

 

BUSINESS STRUCTURE

 

TRADING ADDRESS                 23 Lionel Rd

                                                MOUNT WAVERLEY, VIC 3149                         

 

TELEPHONE                             (613) 9544 6660

 

BANK                                       NATIONAL AUSTRALIA BANK   

                                               

EMPLOYEES                            Not determined 

 

 

BACKGROUND

 

The subject was incorporated in Victoria on 21 December 2000 as Adam Glover P/L changing name on 11 January 2001 to Ragkat P/L before adopting the current style on 12 December 2003.

 

 

OPERATIONS

 

The subject is believed to operate as commercial printers.

 

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 Director Ashley Tomlin was unable to be established. Despite numerous messages being left for him he has failed to respond to any correspondence.

 

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

 

 

TRADE SURVEY

 

During the current investigation, contact with the subject’s 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 21 December 2000 before adopting the current style on 12 December 2003.

 

Details pertaining to the subjects operating trading and financial position were unable to be obtained for the current enquiry.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.94

UK Pound

1

Rs.73.46

Euro

1

Rs.64.58

 

 

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.