MIRA INFORM REPORT

 

 

Report Date :           

06.06.2011

 

IDENTIFICATION DETAILS

 

Name :

BPA PRINT GROUP PTY LTD

 

 

Formerly Known As :

Brown Prior Anderson (BPA) P/L

 

 

Registered Office :

11 Evans Street, Burwood, Vic 3125

 

 

Country :

Australia

 

 

Date of Incorporation :

09.08.1995

 

 

Legal Form :

Proprietary Company

 

 

Line of Business :

subject operates as a leading book manufacturer company

 

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      

 

BPA PRINT GROUP PTY LTD

ACN: 070 470 236

ABN: 23 070 470 236

 

 

CORPORATE SEARCH

 

Incorporation State: VIC

 

Incorporation Date: 09 AUG 1995

 

Registered Office

11 EVANS STREET,

BURWOOD

VIC 3125

 

Registered Charges: 2

Both Fixed &Floating

WESTPAC BANKING CORPORATION (007457141)

1104859

Registered 22 NOV 2004

 

Both Fixed &Floating

WESTPAC BANKING CORPORATION (007457141)

612395

Registered 06 OCT 1997

 

Current Directors Total: 4

 

BRETT GERALD TURNLEY – Appointed: 01 SEP 2002

10 JOYCE Street NUNAWADING, Victoria 3131

DOB: 08 OCT 1971

 

OWEN JAMES JENKIN – Appointed: 30 AUG 2001

26 HALLEY Street BLACKBURN, Victoria 3130

DOB: 29 MAR 1941

 

GRAHAM JOHN BURGESS – Appointed: 09 AUG 1995

12 BRYNMAWR Road CAMBERWELL, Victoria 3124

DOB: 02 APR 1945

 

 

PETER GORDON BARKER – Appointed: 09 AUG 1995

19 NELSON Road CAMBERWELL, Victoria 3124

DOB: 22 AUG 1941

 

Current Secretaries Total: 1

 

GRAHAM JOHN BURGESS – Appointed: 09 AUG 1995

 

Share Structure - Classes Total: 1

 

ORD ORDINARY SHARES: 15 – Amount paid: $15

 

Shareholders Total: 4

 

ORD 3 - OWEN JAMES JENKIN

ORD 4 - BRETT GERALD TURNLEY

ORD 4 - PETER GORDON BARKER

ORD 4 - GRAHAM JOHN BURGESS

 

 

BUSINESS STRUCTURE

 

TRADING ADDRESS                 11 Evans St

                                                BURWOOD, VIC 3125                           

 

TELEPHONE                             (613) 9808 6622

 

FACSIMILE                               (613) 9808 0706

 

TRADING STYLES                     BPA BOOKS

                                                SUPERPRINT

 

BANK                                       WESTPAC BANKING CORPORATION

                                               

EMPLOYEES                            Not determined 

 

 

BACKGROUND

 

The subject was incorporated in Victoria on 9 August 1995  as Brown Prior Anderson (BPA) P/L before adopting the current style on 26 August 2002.

 

The subject formed in 2001 through the merger of Brown Prior Anderson (BPA) and Jenkin Buxton Printers.

BPA commenced operations in March 1902 as a commercial printer.

 

 

OPERATIONS

 

The subject operates as a leading book manufacturer company.

 

The subject provides a complete in-house production facility well equipped to offer quality book printing.

 

The subject provides Computer-to-Plate technology, digital and conventional printing facilities, plus finishing equipment including both limp and case binding through affiliated company, The Bindery.

 

Activities are conducted from premises located at the above listed trading address.

 

 

ADVERSE

                                               

A search of failed 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’s financial controller was unable to be established. Despite messages being left, no reply has been received.

 

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

 

The subject maintains a financing facility with the Westpac Bank, which is secured by a registered charge over certain fixed and floating assets of the company.

 

 

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 9 August 1995 before adopting the current style on 26 August 2002.

 

The subject formed in 2001 through the merger of Brown Prior Anderson (BPA) and Jenkin Buxton Printers.

 

Details pertaining to the subject’s financial and trading position were unable to be obtained for the current enquiry.

 

The subject maintains a financing facility with the Westpac Bank, which is secured by a registered charge over certain fixed and floating assets of the company.

 

           

                                               

           

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.85

UK Pound

1

Rs.73.29

Euro

1

Rs.64.89

 

 

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.