MIRA
INFORM REPORT
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Report Date : |
16.06.2011 |
IDENTIFICATION DETAILS
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Name : |
BOB LITTLER AGENCIES PTY. LIMITED |
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Registered Office : |
45 Aquarium Ave Hemmant, QLD 4174 |
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Country : |
Australia |
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Date of Incorporation : |
14.03.1979 |
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Legal Form : |
Proprietary Limited Company |
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Line of Business : |
Sale of boat and yacht 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
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
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
BOB LITTLER
AGENCIES PTY. LIMITED
ACN: 010 075 500
ABN: 51 853 692
469
CORPORATE SEARCH
INCORPORATED 14
March 1979
REGISTERED ADDRESS 45
Aquarium Ave
HEMMANT,
QLD 4174
SHARECAPITAL $2
SHAREHOLDERS LITTLER,
Robert Gordon Holds 1 shares
LITTLER,
Denise Nancy Holds 1 shares
DIRECTORS LITTLER,
Scott Robert
6
Compass Way
TWEED
HEADS, NSW 2485
LITTLER,
Robert Gordon
1018
Myocum Rd
MULLUMBIMBY,
NSW 2482
LITTLER,
Denise Nancy
1018
Myocum Rd
MULLUMBIMBY,
NSW 2482
SECRETARY LITTLER,
Denise Nancy
15
Mainroyal Ct
CLEVELAND,
QLD 4163
REG’D CHARGES Registered Charge Number : 2177217
Date :
19.05.2011
Status :
Fixed
Creditor :
Westpac Bank
Registered Charge Number : 2160966
Date :
13.04.2011
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 2118038
Date :
17.01.2011
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 2093793
Date :
02.12.2010
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 2052355
Date :
28.09.2010
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 2047359
Date :
16.09.2010
Status :
Fixed
Creditor :
Westpac Bank
Registered Charge Number : 1987795
Date :
07.06.2010
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1987793
Date :
07.06.2010
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1959516
Date :
16.04.2010
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1959535
Date :
16.04.2010
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1946972
Date :
23.03.2010
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1936941
Date :
04.03.2010
Status :
Fixed
Creditor :
Westpac Bank
Registered Charge Number : 1901567
Date :
30.12.2009
Status :
Fixed
Creditor :
Westpac Bank
Registered Charge Number : 1831961
Date :
05.08.2009
Status :
Fixed
Creditor :
Westpac Bank
Registered Charge Number : 1708634
Date :
20.10.2008
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1675438
Date :
06.08.2008
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1649054
Date :
16.06.2008
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1587112
Date :
12.02.2008
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1586431
Date :
11.02.2008
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 30.04.2007
Date :
30.04.2007
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1414983
Date :
12.02.2007
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1379725
Date :
20.11.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1374784
Date :
08.11.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered Charge Number : 137667
Date :
30.10.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1371609
Date :
30.10.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 131606
Date :
30.10.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1369786
Date :
24.10.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1369639
Date :
24.10.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1369786
Date :
24.10.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered Charge Number : 1367966
Date :
19.10.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered Charge Number : 1367936
Date :
19.10.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered Charge Number : 1366958
Date :
18.10.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1366027
Date :
17.10.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1323004
Date :
07.07.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1306937
Date :
01.06.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1293705
Date :
02.05.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1282884
Date :
30.03.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1276399
Date :
15.03.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1266371
Date :
20.02.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1255871
Date :
03.01.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered
Charge Number : 1255867
Date :
03.01.2006
Status :
Fixed
Creditor :
Westpac Bank
Registered Charge Number : 1041009
Date :
06.05.2004
Status :
Fixed
Creditor :
Westpac Bank
BUSINESS STRUCTURE
TRADING ADDRESS 45
Aquarium Ave
HEMMANT,
QLD 4174
TELEPHONE (617)
3907 5500
FACSIMILE (617)
3907 5599
BRANCHES SILVERWATER,
NSW 2264
BRAESIDE,
VIC 3195
BEACONSFIELD,
WA 6162
AUCKLAND,
NZ
BANK WESTPAC
BANKING CORPORATION
EMPLOYEES 200
BACKGROUND
The subject was incorporated in Queensland on 14 March 1979 under the
current style.
Operations have been established for 30 years.
DIRECTOR PROFILES LITTLER, Scott Robert,
Director was born on 23 September 1965 and was appointed to the subject’s board
on 16 March 2001. He maintains an active role in the subjects operations as
Managing Director.
LITTLER, Robert Gordon, Director was born on 27 May 1946 and was appointed
to the subjects board on 28 February 1979. He maintains an active role in the
subjects operations.
LITTLER, Denise Nancy, Director was born on 29 August 1947 and was
appointed to the subjects board on 28 February 1979. She maintains an active
role in the subjects operations.
ADVERSE
A search of the failed to trace any litigation listed against the
subject at that date.
OPERATIONS
The subject operates in the sale of boat and yacht equipment.
Activities are conducted from leased premises located at the above
listed trading address.
FINANCES
The subject is not required to lodge financial statements with the
Australian Securities and Investments Commission.
During the current investigation, contact with the subjects Financial
Controller Matthew Robinson, was unable to be established. Despite messages
being left, no reply has been received.
In an interview conducted with the subjects Accountant Sonya, she
declined to confirm or provide any details pertaining to the subject unless the
source of the enquiry was disclosed.
As a result, details pertaining to the subjects trading and financial
position were unable to be obtained for the current enquiry.
Previous investigations have revealed that for the last financial year
ended 30 June 2007, the subject traded profitably and recorded revenue of
$64,000,000. This compares to revenue of $59,000,000 for the previous
corresponding year ended 30 June 2006.
For the financial year ended 30 June 2005, the subject traded profitably
and recorded revenue of $51,000,000. This compares to revenue of $45,000,000
for the previous corresponding year ended 30 June 2004.
The subject maintains financing facilities with the Westpac Banking
Corporation which are secured by registered charges and used to assist in
funding Working Capital requirements.
The subject is noted to operate in its capacity on behalf of the Bob
Littler Family Trust. Unsecured creditors are placed at maximum risk when
dealing with a trustee company.
TRADE SURVEY
During the current investigation, contact with the subjects 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 Queensland on 14 March 1979 under the
current style. Records disclose share capital of $2.
Details pertaining to the subjects financial and trading position were
unable to be obtained for the current enquiry.
The subject is noted to operate in its capacity on behalf of the Bob
Littler Family Trust. Unsecured creditors are placed at maximum risk when
dealing with a trustee company.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.44.68 |
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|
1 |
Rs.73.04 |
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Euro |
1 |
Rs.64.29 |
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.