MIRA INFORM REPORT
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Report Date : |
24.04.2012 |
IDENTIFICATION DETAILS
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Name : |
KELLY PARK STUDIOS PTY LTD |
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Registered Office : |
Unit 10, |
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Country : |
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Date of Incorporation : |
14.09.2011 |
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Com. Reg. No.: |
153220716 |
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Legal Form : |
Australian Proprietary
Company |
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Line of Business : |
Import and distribution of animation, visual effects, gaming and E-learning products |
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No. of Employees : |
01 |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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---- |
NB |
New Business |
---- |
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Status : |
New Company |
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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, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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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 |
Verified Address
Subject name : KELLY PARK STUDIOS PTY LTD
Business address : Unit 10, 9-13 Valeria Street
Town : Toongabbie
Province : New South Wales
Zip/postal code : 2146
Country : Australia
Tel : N/A
Fax : N/A
Registered address : Unit 10, 9-13 Valeria Street
Town : Toongabbie
Province : New South Wales
Zip/postal code : 2146
Country : Australia
Comments : The Subject is not registered as a phone user locally. We found the contact number +64 9
2768630 unfortunately this number is now invalid. There were no further details of contact numbers found for the Subject in Australia and New Zealand.
Executive Summary
Date founded or registered : 14/09/2011
Legal form : Australian
Proprietary Company
Chief executive : Srinivas Naidu Chamkuri
Issued & paid up capital
: AUD 100
Line of business : Import and distribution
of animation, visual effects, gaming and E-learning
products.
Staff employed : Mr. Srinivas Naidu
Chamkuri is the only director and employee of the Subject
Company Analysis
Country risk : Country risk is
minimal
Operation trend : Operational trend is in
start-up phase
Management experience : Management is inadequately experienced
Financial performance : Financial performance is
undetermined
Organization structure : Organizational structure is flawed
Detrimental : Some detrimental records found
Payment history : No payment delays noted
Credit amount suggestion : Fully secured terms.
Credit amount asked : Not described.
Comments : Credit of any amount can’t be granted as we are unable to determine the existence and
location of the
Subject.
Registry Data
Registration date : 14/09/2011
Legal form : Australian Proprietary Company
Registration no Australian Company Number:
153220716
Registered authority : Australian Securities and Investments
Commission
Fiscal/ Tax no : Australian Business Number:
41153220716
Registry status : Live/Active
Previous name : None reported.
Change of legal form : None reported.
Key Management
Name : Srinivas Naidu Chamkuri
Designation : Managing Director
Appointments
Name : Srinivas Naidu Chamkuri
Designation : Director and Company Secretary
Appointment date : 14/09/11
Address : Unit 10, 9-13 Valeria
Street
Toongabbie,
NSW 2146
Australia
Biography : Born on 22-12-1972 in
Visakhapatnam, India.
Staff employed : Mr. Srinivas Naidu Chamkuri is the
only director and employee of the Subject
Composition
Authorized Capital : AUD 100
No of shares : 100 Ordinary Shares
Share par value : AUD 1
Issued capital : AUD 100
Paid up capital : AUD
100
How listed : Full List
Composition
Shareholder name : Srinivas Naidu Chamkuri
Address : Unit 10, 9-13 Valeria
Street
Toongabbie,
NSW 2146
Australia
No. of shares : 100 Ordinary Shares
% of shares : 100%
Structure
Name : LEADING EDGE I T
SOLUTIONS LIMITED
Affiliation type : Sister Company
Address : 18 Ashgrove Road
Mangere,
Auckland 2022
New
Zealand
Name : QUENCH SOFTSOLUTIONS
LIMITED
Affiliation type : Associate
Address : 18 Ashgrove Road
Mangere,
Auckland 2022
New
Zealand
Name : EAZYWAY COMMUNICATIONS
LIMITED
Affiliation type : Sister Company
Address : 7 Pukeiti Road
Otahuhu, Auckland 1062
New Zealand
Name : PROVENTURE
CONSULTANTS LIMITED
Affiliation type : Associate
Address : 7 Pukeiti Road
Otahuhu, Auckland 1062
New Zealand
Name : KELLY
PARK STUDIOS LIMITED
Affiliation type : Sister Company
Address : 275A Shirley Road
Papatoetoe, Auckland
2022
New Zealand
Mortgages : None
reported.
Legal Fillings
Bankruptcy fillings : None reported.
Court judgements : None reported.
Tax liens : None reported.
Others : None reported.
Description
Comments : Due to the
Subject’s recent date of establishment, financial information is not available.
The Subject is classified as a
small proprietary company by the Australian Securities & Investments
Commission hence is not required to disclose their financial statement.
A proprietary company is
defined as small for a financial year if it satisfies at least two of the
following:
- The consolidated revenue
for the financial year of the company and any entities it controls is less than
$25 million;
-The value of the
consolidated gross assets at the end of the financial year of the company and
any entities it controls is less than $12.5 million, and
-The company and any entities
it controls have fewer than 50 employees at the end of the financial year.
Main activities : The Subject is engaged in import and distribution of animation, visual effects, gaming and
E-learning products. (as reported)
Purchases
International : India
Sales
Local : Yes
International : None reported.
Property &
Assets
Premises : The Subject's premises can't
be determined.
Branches : None reported.
Central bank : Reserve Bank of Australia
Reserve of foreign exchange & gold : US$ 43.879 billion
Gross domestic product – GDP : US$ 1.448 trillion
GPP (Purchasing power parity) : 918.529 billion of International dollars
GDP per capita - current prices : US$ 64,351
GDP - composition by sector : agriculture: 4.1% industry: 26% services: 70%
Inflation : 2008: 4.4%
2009: 1.8%
2010: 2.8%
2011: 3.0%
Unemployment rate 2008: 4.2 %
2009: 5.6 %
2010:5.2 %
2011: 5.0%
Public debt
(General Government gross
debt as a % GDP) 2008: 11.6%
2009: 17.6%
2010: 22.3 %
2011: 24.1%
Government bond
ratings Standard
& Poor's: AAA-/Stable/A-1+
Moody's rating: Aaa
Moody's outlook: STA
Market value of publicly traded shares US$ 1.258 trillion
Largest companies in the country :
Westpac Banking Group (Major Banks),
BHP Billiton (Diversified Metals & Mining), Commonwealth Bank (Major
Banks), National Australia Bank (Major Banks), ANZ Banking (Major Banks),
Telstra (Telecommunications services), Wesfarmers (Food Retail)
Trade & Competitiveness Overview
Total exports US$210.7
billion
Exports commodities coal,
iron ore, gold, meat, wool, alumina, wheat
Total imports US$187.2
billion
Imports commodities machinery and
transport equipment, computers and office machines, telecommunication equipment
and parts, crude oil and petroleum products
Export - major partners Japan 18.9%, China 14.2%, South Korea 8%, US 6%, NZ 5.6%, India
5.5%, UK 4.2%
Import - major partners China 15.5%, US 12.8%, Japan 9.6%, Singapore 5.6%, Germany
5.2%, UK 4.3%, Thailand 4.2%
FDI Inflows 2008: US$46,722 million
2009: US$22,572 million
2010: US$32,472 million
FDI Outflows 2008: US$32,819 million
2009: US$18,426 million
2010: US$26,431 million
Best countries for doing business : 10
out of 183 countries
Global competitiveness ranking : 20
(ranking by country on a basis of 142, the first is the best)
Country and Population Overview
Total population :
22.23 million
Total area :
7,692,024 km2
Capital : Canberra
Currency : Australian Dollars (AUD)
Internet
users as % of total population
: 76.00%
Purchase Term
Local : None
International : None
Sales Term
Local : None
International : None
Trade Reference/
Payment Behaviour
Comments : As local and international
trade references were not supplied, the Subject's payment
track
record history cannot be appropriately determined but based on our research,
payments are believed to be met without delay.
Investigation Note
Sources : Official and local business
sources
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.52.23 |
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UK Pound |
1 |
Rs.84.16 |
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Euro |
1 |
Rs.68.84 |
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.