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Report Date : |
24.03.2012 |
IDENTIFICATION DETAILS
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Name : |
JAMES FERGUSON PTY. LTD. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
30.06.1955 |
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Com. Reg. No.: |
009674891 |
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Legal Form : |
Australian Proprietary Company |
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Line of Business : |
Printing, direct mail, electronic direct mail, database management, data mining, SMS marketing and predictive modelling services. |
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No. of Employees : |
70 employees |
RATING & COMMENTS
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MIRAs Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 330,000 |
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Status : |
Satisfactory |
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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 September 30, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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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 |
Verified Address
Subject name : JAMES FERGUSON PTY.
LTD.
Other style /
Business name : FERGIES PRINT &
MAIL / FERGIES DIGITAL / FERGIES
Business address :
37 College Street
Town : Hamilton
Province : Queensland
Zip/postal code : 4007
Country : Australia
Tel : +61 7
36306500
Fax : c
Website : www.fergies.com.au
Registered address
: 37 College Street
Town : Hamilton
Province : Queensland
Zip/postal code : 4007
Country : Australia
Executive Summary
Date founded or
registered : 30/06/1955
Legal form : Australian
Proprietary Company
Chief executive : Alan Brodie
Issued & paid
up capital : AUD 38,004
Line of business :
Printing, direct mail, electronic direct mail, database management, data
mining, SMS marketing and predictive modelling services.
Staff employed :
70 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 consistent
Detrimental : No detrimental records found
Payment history : No payment delays noted
Credit amount
suggestion : USD 330,000
Credit amount
asked : USD 600,000
Comments : It
is advisable to conduct business dealing on prepayment or L/C for larger credit
transaction than suggested. Although the Subject seems well positioned in the
market and financially stable however without official financial information it
would be difficult to grant a large credit amount as requested. Our suggestion
of credit is based on years of establishment, employees, nature of business
etc.
Registry Data
Registration date
: 30/06/1955
Legal form : Australian
Proprietary Company
Registration no Australian Company
Number: 009674891
Registered
authority : Australian
Securities and Investments Commission
Fiscal/ Tax no : Australian Business
Number: 95009674891
Registry status : Live/Active
Previous name : None reported.
Change of legal
form : None reported.
Other registration : FERGIES
PRINT & MAIL is a business name owned by the Subject registered on
22/07/2005 under business registration no: QLD BN19506673.
FERGIES is a business name owned by the Subject registered on 28/05/1996
under business registration no: QLD BN6098071.
FERGIES DIGITAL is a business name owned by the Subject registered on
24/04/2007 under business registration no: QLD BN20293264.
Key Management
Name : Alan Brodie
Designation : Chief Executive Officer
Name : Nathan Grima
Designation : Business Development Manager
Name : Greg Minton
Designation : Accounts Manager
Appointments
Name : John Abbott Ferguson
Designation : Director and Company Secretary
Appointment date :
11/08/69
Address : 12 Dublin Street
Clayfield, QLD 4011
Australia
Biography : Born on 04-06-1944 in
Brisbane, Queensland, Australia.
Staff employed : 70 employees
Composition
Authorized Capital
: AUD 38,004
No of shares : 2,500 Cumulative Preference Shares
/ 5,502 Ordinary Class A Shares / 1,000
Ordinary Class B
Shares / 10,000 Preference Shares
Share par value : AUD 2
Issued capital : AUD 38,004
Paid up capital : AUD 38,004
How listed : Full List
Composition
Shareholder name : John Abbott Ferguson
Address : 12 Dublin Street
Clayfield, QLD 4011
Australia
No. of shares : 2,500 Cumulative Preference Shares
/ 1,000 Ordinary Class A Shares / 500
Ordinary Class B Shares / 10,000 Preference Shares
Shareholder name : Wendy Margaret Ferguson
Address : 81 Virginia Avenue
Hawthorne, QLD 4171
Australia
No. of shares : 500 Ordinary Class A Shares
Shareholder name :
Jane Hilma Ireland
Address : C/o JAMES FERGUSON PTY.
LTD.
37 College Street
Hamilton, QLD 4007
Australia
No. of shares : 500 Ordinary Class A Shares
Shareholder name :
Anne Louise Clarke
Address : 2 Beverley Avenue
Rochedale South, QLD 4123
Australia
No. of shares : 500 Ordinary Class A Shares
Shareholder name :
Hilma Margaret Ferguson
Address : 416 Forest Court
Albany Creek, QLD 4035
Australia
No. of shares : 3,002 Ordinary Class A Shares
Shareholder name :
Judith Anne Ferguson
Address : 12 Dublin Street
Clayfield, QLD 4011
Australia
No. of shares : 500 Ordinary Class B Shares
Structure
Name : JAMES FERGUSON HOLDINGS
PTY. LTD.
Affiliation type :
Associate
Address : 37 College Street
Hamilton, QLD 4007
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 : Satisfied Charge Details:
ASIC Charge Number: 273760
Date Registered: 30-08-1988
Charge type: Both Fixed & Floating
Date Created: 22-04-1988
Chargees Name: AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED
ASIC Charge Number: 361360
Date Registered: 17-09-1957
Date Created: 26-08-1957
Chargees Name: VICTORIAN CROSS MANUFACTURING COMPANY PTY LTD
ASIC Charge Number: 361362
Date Registered: 06-11-1964
Date Created: 20-10-1964
Chargees Name: NATIONAL AUSTRALIA BANK LIMITED
ASIC Charge Number: 361367
Date Registered: 12-07-1968
Date Created: 10-07-1968
Chargees Name: 1925 (INDUSTRIAL) PTY LIMITED
ASIC Charge Number: 361369
Date Registered: 13-11-1981
Date Created: 15-10-1981
Chargees Name: NATIONAL AUSTRALIA BANK LIMITED
ASIC Charge Number: 524843
Date Registered: 25-01-1996
Charge type: Both Fixed & Floating
Date Created: 17-01-1996
Chargees Name: QUEENSLAND INDUSTRY DEVELOPMENT CORPORATION
ASIC Charge Number: 625622
Date Registered: 05-01-1998
Charge type: Both Fixed & Floating
Date Created: 15-12-1997
Chargees Name: SUNCORP-METWAY LIMITED
ASIC Charge Number: 831648
Date Registered: 16-11-2001
Charge type: Both Fixed & Floating
Date Created: 23-10-2001
Chargees Name: GE COMMERCIAL CORPORATION (AUSTRALIA)PTY LTD
ASIC Charge Number: 831651
Date Registered: 16-11-2001
Time Registered: 13:51:00
Charge type: Fixed
Date Created: 23-10-2001
Chargees Name: GE COMMERCIAL CORPORATION (AUSTRALIA)PTY LTD
ASIC Charge Number: 897339
Date Registered: 14-10-2002
Charge type: Both Fixed & Floating
Date Created: 03-10-2002
Chargees Name: NATIONAL AUSTRALIA BANK LIMITED
ASIC Charge Number: 915722
Date Registered: 08-01-2003
Charge type: Fixed
Date Created: 24-12-2002
Chargees Name: GE COMMERCIAL CORPORATION (AUSTRALIA)PTY LTD
Legal Fillings
Bankruptcy
fillings : None reported.
Court judgements :
None reported.
Tax liens : None reported.
Others : None reported.
Description
Comments : The representative contacted
declined to provide any financial information until
the inquiring party details are revealed.
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 $12.5 million, and
-The company and any entities it controls have fewer than 50 employees
at the
end of the financial year.
Main activities : The Subject is engaged in printing,
direct mail, electronic direct mail,
database management, data mining, SMS marketing and predictive
modelling services.
Purchases
International : Mainly from Taiwan, China,
India, Indonesia, Thailand
Sales
Local : Yes
International : New Zealand
Property & Assets
Premises : The Subject operates from
premises located at the verified heading
address consisting of printing facilities, warehouse and administrative
office.
Branches : None reported.
Gross Domestic Products (GDP) & Economic
Overview
Central bank : Reserve
Bank of Australia
Reserve of foreign
exchange & gold : US$ 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:
4.0%
industry: 26%
services: 70%
Inflation : 2008:
4.4%
2009: 1.8%
2010: 2.8%
Unemployment rate
: 2008: 4.2%
2009: 5.6
2010: 5.2%
Public debt
(General
Government gross debt as
a % GDP) :
2008: 11.6%
2009: 17.6%
2010: 22.3%
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
International : L/C, Prepayment,
Telegraphic transfer, Credit 30-90 days
Sales Term
Local : Prepayment,
Bank transfer, Credit 30-90 days
International : L/C, Telegraphic
transfer, Credit 30-90 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.50.90 |
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1 |
Rs.80.77 |
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Euro |
1 |
Rs.67.40 |
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 SCs 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.