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Report No. : |
316756 |
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Report Date : |
15.04.2015 |
IDENTIFICATION DETAILS
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Name : |
AUSLAND EXPORT PTY LTD |
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Registered Office : |
Level 3 Hood
Sweeney Pty Ltd, 11-16 South Terrace Adelaide Sa, 5000 |
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Country : |
Australia |
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Date of Incorporation : |
1978 |
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Legal Form : |
Australian Proprietary Company |
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Line of Business : |
Subject operates in the export of cattle livestock. |
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No. of Employee : |
12 (Group) |
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 : |
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 – December 31, 2014
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Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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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 2014, Australia had experienced more than 20 years of continued economic growth, averaging more than 3% 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.
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Source
: CIA |
AUSLAND EXPORT PTY
LTD
ACN: 088 836 444
ABN: 61 088 836 444
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Established |
1978 |
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Incorporated |
1999 |
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Line of Business |
Livestock export |
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Status |
Trading |
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Adverse Listings |
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Details pertaining to the subject’s financial and trading position were unable to be obtained for the current enquiry.
Company Type Australian Proprietary Company
Status Registered
Incorporation Date
27 Jul 1999
Incorporation State
SA
Registered Office
LEVEL 3 HOOD SWEENEY PTY
LTD, 11-16 SOUTH
TERRACE
ADELAIDE SA, 5000
Current
Directors Total: 1
Director Name
GALLAGHER, JOHN EDWARD
Appointment Date 27
Jul 1999
Date of Birth 06
Apr 1947
Place of Birth
ADELAIDE SA
Gender MALE
Resident Overseas N
Address 9 MICHAEL
MORAN DR,
CRAFERS SA 5152
Document Number
015667381
Current
Secretaries Total: 1
Secretary Name
GALLAGHER, JOHN EDWARD
Appointment Date 27
Jul 1999
Date of Birth 06
Apr 1947
Place of Birth
ADELAIDE SA
Address 9 MICHAEL MORAN
DRIVE
CRAFERS SA, 5152
Document Number
015667381
Company Shares
Total: 2 Amount: $26,000
Class ORDINARY
[ORD]
Number of Shares
Issued 2
Paid Capital
$26,000.00
Total Amount Due
and Payable $0.00
Document Number
1E9604712
Current
Shareholders
Shareholder Name
GALLAGHER, JOHN EDWARD
Address 9 MICHAEL
MORAN DRIVE
CRAFERS SA, 5152
Class ORD
Number Held 2
Beneficially Held Y
Fully Paid Y
Jointly Held N
Document Number
1E9604712
Effective 30 January 2012 the Personal Property Securities Register (PPSR) was introduced to give the different Commonwealth, State and Territory laws and registers regarding security interests in personal property under one national system.
As a result of PPS Reform a number of existing Commonwealth, State and Territory personal property security registers will close. Interests registered on existing security interest registers will be migrated to the national PPS Register. Subsequently Registered Charges are no longer lodged with the Australian Securities and Investments Commission (ASIC).
Please contact us should you require a search of the PPSR.
TRADING ADDRESS 128 Gilbert St
ADELAIDE, SA 5000
POSTAL ADDRESS GPO Box 1425
ADELAIDE, SA 5000
TELEPHONE (618) 8215 0177
FACSIMILE (618) 8410 8400
WEBSITE www.samex.com.au
EMAIL louisebridgewater@samex.com.au
ASSOCIATED ENTITY SAMEX AUSTRALIA MEAT CO P/L
BEAFORT RIVERMEATS P/L
AUSLAND LIVESTOCK PTY LTD
BANK HSBC bank Australia
EMPLOYEES 12 (Group)
The subject was incorporated in South Australia on 27 July 1999 under the current style.
Group operations were founded in 1978.
The subject operates in the export of cattle livestock.
The subject is fully licensed and accredited with the Australian government and appropriate international agencies to export processed meat and livestock worldwide.
The subjects markets include the Middle East, Western and Eastern Europe, Russia, the USA, South-East Asia, Japan and China.
Activities are conducted from premises located at the above listed trading address.
A search of of on 10 April 2015 failed to trace any litigation listed against the subject at that date.
The subject is not required to lodge financial statements with the Australian Securities and Investments Commission.
During the current interview conducted with, Louise Bridgewater, Financial Controller she requested that any queries pertaining to the subject must be forwarded in writing. An email was subsequently sent, however no reply has been received.
Subsequently, details pertaining to the subject’s financial and trading position were unable to be obtained for the current enquiry.
Details pertaining to the subjects suppliers were not provided for the current enquiry.
A trade survey on the subject was subsequently unable to be conducted.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.62.39 |
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1 |
Rs.91.06 |
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Euro |
1 |
Rs.66.16 |
INFORMATION DETAILS
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Analysis Done by
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DIV |
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Report Prepared
by : |
ANK |
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.