MIRA INFORM REPORT
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Report Date : |
07.07.2012 |
IDENTIFICATION DETAILS
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Name : |
SCOTT PRINTERS PTY LTD |
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Registered Office : |
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Country : |
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Date of Incorporation : |
31.08.1982 |
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Com. Reg. No.: |
008719515 |
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Legal Form : |
Australian Proprietary
Company |
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Line of Business : |
Commercial printing services |
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No. of Employees : |
50 employees |
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 : |
No Complaints |
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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 : SCOTT PRINTERS PTY LTD
Other style / Business name :
SCOTT PRINT
Business address : 4 Aberdeen Street
Town : Perth
Province : Western
Australia
Zip/postal code : 6000
Country : Australia
Tel : +61 8 92237788
Fax : +61 8 92237700
Email : info@scott.com.au
Website : www.scott.com.au
Registered address : 4 Aberdeen Street
Town : Perth
Province : Western
Australia
Zip/postal code : 6000
Country : Australia
Executive Summary
Date founded or registered : 31/08/1982
Legal form : Australian
Proprietary Company
Chief executive : Michael Walter Scott
Issued & paid up capital
: AUD 82
Line of business : Commercial printing
services.
Staff employed : 50 employees
Company Analysis
Country risk : Country risk is
minimal
Operation trend : Operational trend is
steady
Management experience : Management is adequately experienced
Financial performance : Financial performance is undetermined
Organization structure : Organizational structure is stable
Detrimental : No detrimental records found
Payment history : No payment delays noted
Registry Data
Registration date : 31/08/1982
Legal form : Australian Proprietary Company
Registration no Australian Company Number: 008719515
Registered authority : Australian Securities and Investments
Commission
Fiscal/ Tax no : Australian Business Number: 21008719515
Registry status : Live/Active
Previous name : None reported.
Change of legal form : None reported.
Other registration : SCOTT PRINT is a business name owned by
the Subject registered on
01/12/1999 under business registration no: BN08815227.
Key Management
Name : Michael Walter Scott
Designation : Managing Director
Name : Dudley Phon Scott
Designation : Director
Appointments
Name : Michael Walter Scott
Designation : Director
Appointment date : 01/01/84
Address : 80 Clement Street
Swanbourne,
WA 6010
Australia
Biography : Born on 27-08-1940 in Perth,
Western Australia, Australia.
Name : Dudley Phon Scott
Designation : Director and Company Secretary
Appointment date : 02/04/79
Address : Unit 6, 24 Princes Street
Cottesloe, WA 6011
Australia
Biography : Born on 30-05-1949 in Perth,
Western Australia, Australia.
Staff employed : 50 employees
Key Advisors
Auditors : John Rodney Dettman
Level 1, 6
Outram Street
West
Perth, WA 6005
Australia
Composition
Authorized Capital : AUD 82
No of shares : 2 Class A Shares / 40 Class B
Shares / 40 Class C Shares
Share par value : AUD 1
Issued capital : AUD 82
Paid up capital : AUD
82
How listed : Full List
Composition
Shareholder name : CLUNEBURY PTY. LTD.
Address : 6 Fraser Street
East Fremantle,
WA 6158
Australia
No. of shares : 1 Class A Share / 20 Class B
Shares / 20 Class C Shares
Shareholder name : Dudley Phon Scott
Address : Unit 6, 24 Princes Street
Cottesloe,
WA 6011
Australia
No. of shares : 1 Class A Share
Shareholder name : KARL HOLDINGS PTY LTD
Address : 4 Aberdeen Street
Perth, WA
6000
Australia
No. of shares : 20 Class B Shares / 20 Class C
Shares
Structure
Name : CLUNEBURY PTY. LTD.
Affiliation type :
Shareholder
Address : 6 Fraser Street
East
Fremantle, WA 6158
Australia
Name : KARL HOLDINGS PTY LTD
Affiliation type : Shareholder
Address : 4 Aberdeen Street
Perth, WA
6000
Australia
Bank Details
Name of bank : National Australia Bank Limited
Address : Australia
Account details : Current Account
Comments : It is generally not the policy
of local banks to provide credit status information to
non related parties, however interested parties would be advised
to consult first
with the Subject if banker's references are required.
Mortgages : None
reported.
Legal Fillings
Bankruptcy fillings : None reported.
Court judgements : None reported.
Tax liens : None reported.
Others : None reported
Description
Comments : 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 $12.5 million, and
-The company and any entities
it controls have fewer than 50 employees at the end of the financial year.
Main activities : The Subject provides
commercial printing services.
Product &
services :
· Direct Mail
· Magazine Printing
· Books Printing
· Digital Printing
· Brochure Printing
· Catalogue Printing
· Packaging Printing
· Business Stationery
· Offset Printing
· Corporate Reports
· Warehousing
· Online Ordering
· Mailing
Purchases
International : Taiwan, China
Sales
Local : Yes
International : No exports.
Property &
Assets
Premises : The Subject operates from
premises located at the verified heading
address consisting of an administrative office and printing
facilities.
Branches : None reported.
Central bank : Reserve Bank of Australia
Reserve of foreign exchange & gold : US$ 43.879 billion
Gross domestic product – GDP : US$ 1.586 trillion
GPP (Purchasing power parity) : 954.296 billion of International dollars
GDP per capita - current prices : US$ 68,916
GDP - composition by sector : agriculture: 4.0% industry: 25.6% services: 70.4%
Inflation :
2009: 1.8%
2010: 2.8%
2011: 3.4%
Unemployment rate
2009: 5.6 %
2010: 5.2 %
2011: 5.1%
Public debt
(General Government gross
debt as a % GDP)
2009: 16.9%
2010: 20.4 %
2011: 22.9 %
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$46,843 million
2009: US$25,716 million
2010: US$32,472 million
FDI Outflows : 2008:
US$33,604 million
2009: US$16,160 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
International : Prepayment, Telegraphic transfer, Credit 30-60 days
Sales Term
Local : Prepayment, Bank
transfer, Credit 30-60 days
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 : Interviews and material provided by the Subject
Other 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.55.42 |
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UK Pound |
1 |
Rs.86.04 |
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Euro |
1 |
Rs.68.61 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.