MIRA INFORM REPORT

 

 

Report Date :           

08.03.2011

 

IDENTIFICATION DETAILS

 

Name :

JAMES FERGUSON PTY LTD

 

 

Registered Office :

37 College Street, Hamilton, Qld 4007

 

 

Country :

Australia

 

 

Date of Incorporation :

30.06.1955

 

 

Legal Form :

Proprietary Company

 

 

Line of Business :

Offset Digital Commercial Printers with products including business cards, flyers, signage, stationery, barcode

 

 

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 – December 31, 2010

 

Country Name

Previous Rating

                   (30.09.2010)                  

Current Rating

(31.12.2010)

Australia

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

                                 

REGISTERED NAME      

 

JAMES FERGUSON PTY LTD

ACN: 009 674 891

ABN: 95 009 674 891

                                                           

                                                           

CORPORATE SEARCH

 

Incorporation State: QLD

 

Incorporation Date: 30 JUN 1955

 

Registered Office

37 COLLEGE STREET,

HAMILTON

QLD 4007

 

Registered Charges:

 

1946754

Registered 23 MAR 2010

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1782290

Registered 29 APR 2009

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1721047

Registered 18 NOV 2008

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1685250

Registered 27 AUG 2008

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1647140

Registered 11 JUN 2008

WESTPAC BANKING CORPORATION (007457141)

 

1647038

Registered 11 JUN 2008

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1558391

Registered 12 DEC 2007

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1468566

Registered 20 JUN 2007

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1460918

Registered 01 JUN 2007

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1442012

Registered 20 APR 2007

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1405946

Registered 19 JAN 2007

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1389896

Registered 12 DEC 2006

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1254661

Registered 16 JAN 2006

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1247126

Registered 22 DEC 2005

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1243588

Registered 15 DEC 2005

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1243589

Registered 15 DEC 2005

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1161530

Registered 20 MAY 2005

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1156370

Registered 05 MAY 2005

Fixed 15 APR 2005

WESTPAC BANKING CORPORATION (007457141)

 

1108057

Registered 02 DEC 2004

Both Fixed &Floating

WESTPAC BANKING CORPORATION (007457141)

 

1034177

Registered 24 MAR 2004

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

1027100

Registered 01 MAR 2004

Fixed

WESTPAC BANKING CORPORATION (007457141)

 

Current Directors Total: 2

JUDITH ANNE FERGUSON 01 JAN 1981

12 DUBLIN Street CLAYFIELD, Queensland 4011

03 DEC 1944

 

JOHN ABBOTT FERGUSON 11 AUG 1969

12 DUBLIN Street CLAYFIELD, Queensland 4011

04 JUN 1944

 

Current Secretaries Total: 1

JOHN ABBOTT FERGUSON 05 MAR 2000

 

Share Structure - Classes Total: 4

CUMP CUMULATIVE PREFERENCE SHARES - 2500 – Amount Paid: $5,000

ORDA ORDINARY A CLASS SHARES - 5502 – Amount Paid: $11,004

PRF PREFERENCE SHARES - 10000 – Amount Paid: $20,000

ORDB ORDINARY B CLASS SHARES - 1000 – Amount Paid: $2,000

 

Shareholders Total: 10

ORDA 1000 - JOHN ABBOTT FERGUSON

PRF 10000 - JOHN ABBOTT FERGUSON

ORDA 1001 - HILMA MARGARET FERGUSON

ORDA 2001 - HILMA MARGARET FERGUSON

CUMP 2500 - JOHN ABBOTT FERGUSON

ORDA 500 - ANNE LOUISE CLARKE

ORDB 500 - JOHN ABBOTT FERGUSON

ORDA 500 - WENDY MARGARET FERGUSON

ORDB 500 - JUDITH ANNE FERGUSON

ORDA 500 - JANE HILMA IRELAND

 

 

BUSINESS STRUCTURE

 

TRADING ADDRESS     37 College St

                                    HAMILTON, QLD 4007                          

 

TELEPHONE                 (617) 3630 6500

 

FACSIMILE                   (617) 3857 0075

 

TRADING STYLE           FERGIES PRINT & MAIL

 

BANK                           WESTPAC BANKING CORPROATION

                                               

EMPLOYEES                8         

 

 

BACKGROUND

 

The subject was incorporated in Queensland on 30 June 1955 under the current style.

 

 

OPERATIONS

 

The subject operates as offset digital commercial printers with products including business cards, flyers, signage, stationery, barcode.

 

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 interview conducted with the subjects Financial Controller Rod Facey he confirmed the subjects search and operational details, however declined to provide any financial or trading information as a matter of strict company policy.

 

Subsequently details in this regard were unable to be obtained during the current investigation.

 

The subject is noted to maintain a number of financing facilities with the Westpac Bank which are secured by 21 registered charges.

 

 

TRADE SURVEY

 

Details pertaining to the subjects suppliers were not provided for the current enquiry.

 

A trade survey on the subject was subsequently unable to be conducted.

 

 

SUMMARY

 

The subject was incorporated in Queensland on 30 June 1955 under the current style.

 

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

 

The subject is noted to maintain a number of financing facilities with the Westpac Bank which are secured by 21 registered charges.

                                   

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.13

UK Pound

1

Rs.73.36

Euro

1

Rs.60.06

 

 

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

 

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.