MIRA INFORM REPORT
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Report Date : |
31.05.2011 |
IDENTIFICATION DETAILS
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Name : |
1 ST
DIGITALPTY LTD |
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Formerly Known As : |
VFJ Electronics P/L
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Registered Office : |
Unit C, 31-33 Sirius
Road, Lane Cove West, NSW 2066 |
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Country : |
Australia |
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Date of Incorporation : |
28.08.1997 |
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Legal Form : |
Proprietary Company |
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Line of Business : |
supplier of digital
photo finishing equipment to pharmacies, supermarkets and nontraditional
photo retailers |
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
1 ST DIGITALPTY LTD
ACN: 079 886 123
ABN: 13 079 886
123
CORPORATE SEARCH
Incorporation
State: WA
Incorporation
Date: 28 AUG 1997
Registered Office
UNIT C,
31-33 SIRIUS ROAD,
LANE COVE WEST
NSW 2066
Current Directors
Total: 1
PIERS HILL – Appointed:
28 AUG 1997
299 COOYONG Road
TERREY HILLS, New South Wales
DOB: 19 JUL 1970 a
Current
Secretaries Total: 1
PIERS HILL –
Appointed: 28 AUG 1997
Share Structure -
Classes Total: 1
AORD A CLASS
ORDINARY SHARES: 1000000 –Amount paid: $2 $
Shareholders
Total: 3
AORD 18750 -
STRATEGIC - BUSINESS - ADVISERS PTY LTD
AORD 56250 - MARK
SCHNITZERLING
AORD 925000 - PIERS
HILL
BUSINESS STRUCTURE
TRADING ADDRESS Unit c, 31 to 33 Sirius Rd
LANE COVE WEST, NSW 2066
POSTAL ADDRESS Locked Bag 2013
LANE COVE, NSW 1595
TELEPHONE (612) 9467 5400
FACSIMILE (612) 9467 5454
BANK Not determined
EMPLOYEES Not determined
BACKGROUND
The subject was incorporated in Western Australia on 28 August 1997 as Perth Office Automation P/L changing name on 12 January 2001 to VFJ Electronics P/L before adopting the current style.
Operations were founded as a new venture in June 2003.
OPERATIONS
The subject
operates as a supplier of digital photo finishing equipment to pharmacies,
supermarkets and nontraditional photo retailers.
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 the subject or its principals was unable to be established. Upon calling, the above listed telephone number the phone was continually re-directed to a voice answering systems. Despite numerous voice mails 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.
Please note, should further contact details be provided this report will be updated and forwarded to your office.
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 28 August 1997 before adopting the current style.
Operations were founded as a new venture in June 2003.
During the current investigation contact with the subject or its principals was unable to be established.
As a result, details pertaining to the subjects operating trading and financial position were unable to be obtained for the current enquiry.
Please note, should further contact details be provided this report will be updated and forwarded to your office.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.10 |
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UK Pound |
1 |
Rs.74.27 |
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Euro |
1 |
Rs.64.35 |
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.