MIRA INFORM REPORT
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Report Date : |
17.06.2011 |
IDENTIFICATION DETAILS
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Name : |
SCOTT PRINTERS PTY LTD |
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Registered Office : |
4 Aberdeen Street,
Perth, Wa 6000 |
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Country : |
Australia |
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Date of Incorporation : |
31.08.1982 |
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Legal Form : |
Proprietary Company |
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Line of Business : |
Commercial,
Offset and Digital Printers |
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 |
REGISTERED NAME
SCOTT PRINTERS PTY
LTD
ACN: 008 719 515
ABN: 21 008 719
515
CORPORATE SEARCH
Incorporation State: WA
Incorporation Date: 31 AUG 1982
Registered Office
4 ABERDEEN STREET,
PERTH
WA 6000
Registered Charges: 2
1755474
Registered 13 FEB 2009
Fixed
NATIONAL AUSTRALIA BANK LIMITED (004044937)
1231812
Registered 09 NOV 2005
Fixed
NATIONAL AUSTRALIA BANK LIMITED (004044937)
Current Directors Total: 2
MICHAEL WALTER SCOTT – Appointed: 01 JAN 1984
80 CLEMENT Street SWANBOURNE, WA
DOB: 27 AUG 1940
DUDLEY PHON SCOTT – Appointed: 02 APR 1979
6/24 PRINCES Street COTTESLOE, WA
DOB: 30 MAY 1949
Current Secretaries Total: 1
DUDLEY PHON SCOTT – Appointed: 01 DEC 1989
Share Structure - Classes Total: 3
C CLASS C SHARES: 40 – amount paid: $40
B CLASS B SHARES: 40 – amount paid: $40
A CLASS A SHARES: 2 – amount paid: $2
Shareholders Total: 6
A 1 - CLUNEBURY PTY. LTD.
A 1 - DUDLEY PHON SCOTT
B 20 - CLUNEBURY PTY. LTD.
B 20 - KARL HOLDINGS PTY LTD
C 20 - CLUNEBURY PTY. LTD.
C 20 - KARL HOLDINGS PTY LTD
BUSINESS STRUCTURE
TRADING ADDRESS 4 Aberdeen St
PERTH WA 6000
TELEPHONE (618) 9223 7788
BANK Not determined
EMPLOYEES Not determined
BACKGROUND
The subject was incorporated in Western Australia on 21 August 1982 under the current style.
OPERATIONS
The subject
operates as commercial, offset and digital printers.
The subject’s
clients include design studios, advertising agencies, government
departments, and both small and large corporate organisations.
Products include
corporate reports, brochures, catalogs, packaging, business stationary, direct
mail and book printing.
Activities are conducted from premises located at the above listed trading address.
ADVERSE
A search of 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 the subjects Directors was unable to be established. It was advised that they are both overseas on business and could not be contacted for the current enquiry.
Attempts to contact with the subjects financial controller also provided unsuccessful. Despite numerous messages being left, no reply has been received.
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 Western Australia on 21 August 1982 under the current style.
Details pertaining
to the subjects operating trading and financial position were unable to be
obtained for the current enquiry.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.90 |
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UK Pound |
1 |
Rs.72.54 |
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Euro |
1 |
Rs.63.39 |
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.