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Report Date : |
12.03.2014 |
IDENTIFICATION DETAILS
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Name : |
GREENHILL INTERNATIONAL PTY LTD |
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Registered Office : |
C/o WILLIAM
BUCK (SA) PTY LTD Level 6, 211
Victoria Square Adelaide South Australia 5000 |
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Country : |
Australia |
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Date of Incorporation : |
16.09.1999 |
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Com. Reg. No.: |
089583193 |
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Legal Form : |
Australian
Proprietary Company |
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Line of Business : |
Exporter of
waste paper, pulp and paper products |
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No. of Employees : |
06 |
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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
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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 |
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 :
GREENHILL INTERNATIONAL PTY LTD
Other style /
Business name : VALLEY VIEW
INTERNATIONAL TRADING AND RECYCLING / NAVANARA
INTERNATIONAL TRADING
Business
address : Suite F-2,
147 Ward Street
Town : North Adelaide
Province : South Australia
Zip/postal code : 5006
Country : Australia
Tel : +61 8 82390484
Fax : +61 8 82390643
Email : info@greenhillinternational.com
Website : www.greenhillinternational.com
Registered
address : C/o WILLIAM
BUCK (SA) PTY LTD
Level 6, 211 Victoria Square
Town : Adelaide
Province : South Australia
Zip/postal code : 5000
Country : Australia
Executive Summary
Date founded
or registered : 16/09/1999
Legal form : Australian
Proprietary Company
Chief
executive : Navas
Khan Mohammed Basheer
Issued &
paid up capital : AUD 182
Sales turnover
: AUD 16,000,000 (Estimated
Non-Consolidated 12 months, 30/06/2013)
Line of
business : Exporter
of waste paper, pulp and paper products.
Staff employed
: 6 employees including director
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 fair
Organization
structure : Organizational
structure is stable
Detrimental : No detrimental found
Payment
history : No payment
delays noted
Registry Data
Registration
date : 16/09/1999
Legal form : Australian Proprietary
Company
Registration
no Australian Company Number: 089583193
Registered
authority : Australian
Securities and Investments Commission
Fiscal/ Tax no
: Australian Business Number:
44089583193
Registry
status : Live/Active
Previous name
: None reported.
Change of
legal form : None
reported.
Other
registration : VALLEY
VIEW INTERNATIONAL TRADING AND RECYCLING is a business
name owned by the Subject registered on 15/11/2006 under business
registration no: BN04675058.
NAVANARA INTERNATIONAL TRADING is a
business name owned by the
Subject registered on 16/07/2009 under
business registration no: BN05012478.
Key Management
Name : Navas Khan Mohammed Basheer
Designation : Managing Director
Appointments
Name : Navas Khan Mohammed
Basheer
Designation : Director and Company Secretary
Appointment
date : 16/09/99
Address : 36 Cornell Avenue
Valley View, SA 5093
Australia
Biography : Born on 31-05-1969 in India.
Staff employed
: 6 employees including director
Composition
Authorized
Capital : AUD 182
No of shares :
182 Ordinary Shares
Share par
value : AUD 1
Issued capital
: AUD 182
Paid up
capital : AUD 182
How listed :
Full List
Composition
Shareholder
name : Navas Khan Mohammed Basheer
Address : 36 Cornell Avenue
Valley View, SA 5093
Australia
No. of shares
: 74 Ordinary Shares
Shareholder
name : Aboobaker Kunju Muhammed
Basheer
Address : India
No. of shares
: 36 Ordinary Shares
Shareholder
name : Arifabeevi Muhammed Basheer
Address : India
No. of shares
: 36 Ordinary Shares
Shareholder
name : Hasina Abdul Rahim
Address : 36 Cornell Avenue
Valley View, SA 5093
Australia
No. of shares
: 36 Ordinary Shares
Structure
Related
companies and corporate
affiliations
comments : None reported.
Bank Details
Name of bank :
Commonwealth Bank of
Australia
Address : Australia
Account
details : Current Account
Name of bank :
HSBC Bank Australia
Address : Australia
Account
details : Current Account
Name of bank :
Australia and New Zealand
Banking Group 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 bankers references are required.
Mortgages : None reported.
Legal Fillings
Bankruptcy
fillings : None reported.
Court
judgements : None reported.
Tax liens : None reported.
Others : None reported.
Description
Source of
financial statement : Provided by the
Subject
Financial
statement date : 30/06/13
Type of
accounts : Estimated
key figures
Currency : Australia Dollar
(AUD)
Exchange rate
: 1 USD = AUD
1.11 as of 11-03-2014
Summarized Financial Information
Consolidation
type : Non Consolidated
Currency : Australia Dollar
(AUD)
Denomination : (x1) One
Date of
financial year end : 30/06/13
Length of
accounts : 12 months
Sale turnover
/ Income : 16,000,000
Comments : The estimated
turnover was provided by Mr. Navas Khan Mohammed Basheer.
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 $12.5 million, and
-The company and any entities it controls have fewer than 50 employees
at the
end of the financial year.
Main
activities : The Subject
engages in export of waste paper, pulp and paper products.
Product & services : Waste paper
Pulp
Paper products
Purchases
Local : Yes
International
: None reported.
Sales
Local : None
reported.
International
: Nigeria, South Africa, Tanzania, China, Malaysia, Singapore, Thailand,
Taiwan,
Vietnam, India, Pakistan, Sri Lanka, United States, Europe
Property & Assets
Premises : The
Subject operates from the verified heading address consisting of an
administrative
office.
Branches :
None reported.
Gross Domestic Products (GDP) & Economic
Overview
Central bank :
Reserve
Bank of Australia
Reserve of
foreign exchange & gold : US$
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
& Poors: AAA
Moodys rating: Aaa
Moodys 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, D/P, Prepayment, Credit 30-90 days
Sales Term
International
: Telegraphic transfer, L/C, Prepayment, D/P, Credit 30-90 days
Trade Reference/ Payment
Behaviour
Comments : As
local and international trade references were not supplied, the Subjects
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.60.70 |
|
|
1 |
Rs.100.97 |
|
Euro |
1 |
Rs.84.16 |
INFORMATION DETAILS
|
Report Prepared
by : |
NIS |
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 |
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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 |
|
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 |
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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 |
-- |
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.