|
Report Date : |
30.08.2013 |
IDENTIFICATION DETAILS
|
Name : |
LEADER COMPUTERS
PTY LTD |
|
|
|
|
Registered Office : |
C/o S. SAVAS
& ASSOCIATES 643 South Road
Black Forest South Australia 5035 |
|
|
|
|
Country : |
Australia |
|
|
|
|
Date of Incorporation : |
31.05.2000 |
|
|
|
|
Com. Reg. No.: |
093139354 |
|
|
|
|
Legal Form : |
Australian Proprietary Company |
|
|
|
|
Line of Business : |
Manufacturing
and distribution of IT products and peripherals. |
|
|
|
|
No. of Employees : |
70 employees |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No Complaints |
|
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, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Australia |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
AUSTRALIA - ECONOMIC OVERVIEW
The Australian economy has experienced continuous growth and
features low unemployment, contained inflation, very low public debt, and a
strong and stable financial system. By 2012, Australia had experienced more
than 20 years of continued economic growth, averaging 3.5% a year. Demand for
resources and energy from Asia and especially China has grown rapidly, creating
a channel for resources investments and growth in commodity exports. The high
Australian dollar has hurt the manufacturing sector, while the services sector
is the largest part of the Australian economy, accounting for about 70% of GDP
and 75% of jobs. Australia was comparatively unaffected by the global financial
crisis as the banking system has remained strong and inflation is under
control. Australia has benefited from a dramatic surge in its terms of trade in
recent years, stemming from rising global commodity prices. Australia is a
significant exporter of natural resources, energy, and food. Australia's
abundant and diverse natural resources attract high levels of foreign
investment and include extensive reserves of coal, iron, copper, gold, natural
gas, uranium, and renewable energy sources. A series of major investments, such
as the US$40 billion Gorgon Liquid Natural Gas project, will significantly
expand the resources sector. Australia is an open market with minimal
restrictions on imports of goods and services. The process of opening up has
increased productivity, stimulated growth, and made the economy more flexible
and dynamic. Australia plays an active role in the World Trade Organization, APEC,
the G20, and other trade forums. Australia has bilateral free trade agreements
(FTAs) with Chile, Malaysia, New Zealand, Singapore, Thailand, and the US, has
a regional FTA with ASEAN and New Zealand, is negotiating agreements with
China, India, Indonesia, Japan, and the Republic of Korea, as well as with its
Pacific neighbors and the Gulf Cooperation Council countries, and is also
working on the Trans-Pacific Partnership Agreement with Brunei Darussalam,
Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the US, and
Vietnam.
Source
: CIA
Verified Address
Subject name : LEADER COMPUTERS PTY LTD
Business address :
165-187 Franklin Street
Town : Adelaide
Province : South Australia
Zip/postal code : 5000
Country : Australia
Tel : +61 8 81126000
Fax : +61 8 81126066
Email : sales@leadersystems.com.au
Website : www.leadersystems.com.au
Registered address
: C/o S. SAVAS & ASSOCIATES
643 South Road
Town : Black Forest
Province : South Australia
Zip/postal code : 5035
Country : Australia
Executive Summary
Date founded or
registered : 31/05/2000
Legal form : Australian
Proprietary Company
Chief executive : Paul Kristoris
Issued & paid
up capital : AUD 3
Line of business :
Manufacturing and
distribution of IT products and peripherals.
Staff employed : 70 employees
Company Analysis
Country risk : Country risk is
minimal
Operation trend : Operational trend is
steady
Management
experience : Management is
reasonably experienced
Financial
performance : Financial
performance is undetermined
Organization
structure : Organizational
structure is stable
Detrimental : No
detrimental found
Payment history : No payment delays noted
Registry Data
Registration date
: 31/05/2000
Legal form : Australian Proprietary
Company
Registration no Australian Company Number:
093139354
Registered
authority : Australian Securities and
Investments Commission
Fiscal/ Tax no : Australian Business Number:
16898438694
Registry status : Live/Active
Previous name : None reported.
Change of legal
form : None reported.
Key Management
Name : Paul Kristoris
Designation : Managing Director
Name : Theo Anthony
Kristoris
Designation : Joint Managing Director
Appointments
Name : Paul Kristoris
Designation : Director and Company Secretary
Appointment date :
31/05/00
Address : 50 Hughes Street
Unley, SA 5061
Australia
Biography : Born on 15-07-1952 in
Androusa, Greece.
Name : Theo Anthony Kristoris
Designation : Director and Company Secretary
Appointment date :
31/05/00
Address : 29 Wood Street
Millswood, SA 5034
Australia
Biography : Born on 23-12-1976 in
Adelaide, South Australia, Australia.
Staff employed : 70 employees
Composition
Authorized Capital
: AUD 3
No of shares : 3 Ordinary Shares
Share par value : AUD 1
Issued capital : AUD 3
Paid up capital : AUD 3
How listed : Full List
Composition
Shareholder name :
Paul Kristoris
Address : 50 Hughes Street
Unley, SA 5061
Australia
No. of shares : 1 Ordinary Share
Shareholder name :
Dorothy Kristoris
Address : 50 Hughes Street
Unley, SA 5061
Australia
No. of shares : 1 Ordinary Share
Shareholder name :
Theo Anthony Kristoris
Address : 29 Wood Street
Millswood, SA 5034
Australia
No. of shares : 1 Ordinary Share
Structure
Name : CAFE AT HYDE PARK PTY
LTD
Affiliation type :
Associate
Address : 175 King William Road
Hyde Park, SA 5061
Australia
Bank Details
Name of bank : Westpac Banking
Corporation
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 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 $12.5 million, and
-The company and any entities it controls have fewer than 50 employees
at the
end of the financial year.
Main activities : The Subject engages in
manufacturing and distribution of LEADER brand
computers and servers.
The Subject also distributes a wide range of IT products and
peripherals.
The Subject has over 2,000 resellers across Australia.
Product &
services : -Leader PCs, Notebooks
and Servers
-Leader Business & Corporate range of Computers
-Intel White Box Series
-Pioneer Multimedia Products
-Intel & AMD CPUs
-Microsoft OEM Products
-Leader, LG & ASUS Notebooks
-Epson, Brother & Canon Multifunction & Inkjet Printers &
Faxes
-LG, BenQ & Asus Monitors
-LG, Pioneer & BenQ Optical Drives
-Cisco, Linksys, Billion, Intel & Aten Networking Products
-Gigabyte & Intel mainboards & VGA Cards
-Swann Security Products
-ATDEC Monitor Arms & Accessories
-Targus Computer Accessories
-Verbatim External Hard Drives & Flash Media
-Western Digital, Fujitsu & Seagate Hard Drives
Huge range of Case's, Keyboards & Mice
Brand : LEADER,
EPSON, BROTHER, CANON, BILLION, VERBATIM, SWANN,
ATDEC, CISCO, TARGUS, ASUS, INTEL, LG, MICROSOFT, AMD, BENQ,
VIEWSONIC, LINKSYS, ATEN, GIGABYTE, WESTERN DIGITAL,
PIONEER, FUJITSU, VODAFONE & SEAGATE
Purchases
Local : Yes
International : Japan, Unites States, India,
Taiwan, Malaysia, Thailand
Sales
Local : Yes
International : Pacific Islands, New Zealand
Property & Assets
Premises : The Subject operates from
premises at the verified heading address
consisting of a production facility, warehouse and an administrative
office.
Branches : In addition, the Subject
operates from branch offices located at:
Unit 4, 36 Turbo Drive
Coorparoo, QLD 4151
Australia
Tel: +61 7 31296000
Unit B6, 2A Westall Road
Springvale, VIC 3171
Australia
Gross Domestic Products (GDP) & Economic
Overview
Central bank : Reserve
Bank of Australia
Reserve of foreign
exchange & gold : US$ 46.714
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%
industry: 25.6%
services: 70.4%
Inflation : 2010:
2.8%
2011: 3.4%
2012: 2.7%
Unemployment rate
: 2010: 5.2%
2011: 5.1%
2012: 5.2%
Public debt
(General
Government gross debt as
a % GDP): 2010:
20.4%
2011: 22.9%
2012: 24%
Government bond
ratings : Standard
& Poor's: AAA
Moody's rating: Aaa
Moody's outlook: STA
Market value of
publicly traded
shares: US$1.198
trillion
Largest companies
in the country : Qantas Airways (Airline),Coca-Cola
Amatil (Beverages), CSL (Biotechs),
Brambles (Business & Personal Services),Crown Ltd (Casinos &
Gaming), Amcor (Containers & Packaging),Suncorp-Metway (Diversified
Insurance), BHP Billiton (Diversified Metals & Mining),Newcrest Mining (Diversified
Metals & Mining), Orica (Diversified Metals & Mining), Iluka
Resources(Diversified Metals & Mining), Origin Energy (Electric
Utilities),
AGL Energy (Electric Utilities), Wesfarmers (Food Retail), Woolworths
(Food Retail), Metcash (Food Retail), Macquarie Group (Investment
services), AMP (Investment services), Challenger Ltd (Investment
services), Fortescue Metals Group (Iron & Steel), Bluescope Steel
(Iron & Steel), Commonwealth Bank (Major Banks), Westpac Banking Group
(Major Banks), National Australia Bank (Major Banks), ANZ (Major Banks),
Woodside Petroleum (Oil & Gas Operations), Santos (Oil & Gas
Operations), Caltex Australia (Oil & Gas Operations), WorleyParsons
(Oil
Services & Equipment), Toll Holdings (Other Transportation),
Transurban
Group (Other Transportation), QBE Insurance Group (Property &
Casualty Insurance), Insurance Australia Group (Property & Casualty
Insurance), QR National (Railroads), Westfield Group (Real Estate), Stockland
Australia (Real Estate), Westfield Retail Trust (Real Estate), Lend Lease (Real
Estate), CFS Retail Property Trust (Real Estate), Goodman Group (Real Estate),
Bendigo & Adelaide Bank (Regional Banks), Bank of Queensland (Regional
Banks), Incitec Pivot (Specialized Chemicals), Telstra (Telecommunications
Services)
Trade & Competitiveness Overview
Total exports : US$263.9 billion
Exports
commodities : Coal, iron ore,
gold, meat, wool, alumina, wheat, machinery and transport
equipment
Total imports : US$239.7 billion
Imports
commodities : Machinery and
transport equipment, computers and office machines
telecommunication equipment and parts; crude oil and petroleum products
Export - major
partners : China 27.4%, Japan
19.2%, South Korea 8.9%, India 5.8%
Import - major
partners : China 18.5%, US 11.4%,
Japan 7.9%, Singapore 6.3%, Germany 4.7%
FDI Inflows : 2009: US$26,554
million
2010: US$35,556 million
2011: US$41,317 million
FDI Outflows : 2009: US$16,693
million
2010: US$12,791 million
2011: US$19,999 million
Best countries for
doing business : 10 out of 185 countries
Global
competitiveness ranking : 20 (ranking by country on a basis of 144, the first
is the best)
Country and Population Overview
Total population :
22.68 million
Total area : 7,692,024 km2
Capital : Canberra
Currency : Australian
dollars (AUD)
Internet users as
% of total
population: 79%
Purchase Term
Local : Bank transfer, Credit
30-90 days
International : L/C, Telegraphic transfer, D/P,
Credit 30-90 days
Sales Term
Local : Prepayment, Bank
transfer, Credit 30-90 days
International : Prepayment, Telegraphic
transfer, D/P, 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
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.67.70 |
|
|
1 |
Rs.105.14 |
|
Euro |
1 |
Rs.90.03 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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 |
|
-- |
NB |
New Business |
-- |
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.