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Report No. : |
353130 |
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Report Date : |
08.12.2015 |
IDENTIFICATION DETAILS
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Name : |
N.WILBY LIMITED |
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Registered Office : |
19 Cheltenham Street, Christchurch, 8014 |
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Country : |
New
Zealand |
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Date of Incorporation : |
20.01.2009 |
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Com. Reg. No.: |
2202964 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
The Subject's line of business could not be determined in the course of
our investigation and we were unable to contact the Company for any
information. Presumably engaged in trading of wool products. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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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 – March 31, 2015
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Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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New Zealand |
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 |
NEW ZEALAND - ECONOMIC OVERVIEW
Over the past 30 years the government has transformed New
Zealand from an agrarian economy, dependent on concessionary British market
access, to a more industrialized, free market economy that can compete globally.
This dynamic growth has boosted real incomes - but left behind some at the
bottom of the ladder - and broadened and deepened the technological
capabilities of the industrial sector. Per capita income rose for ten
consecutive years until 2007 in purchasing power parity terms, but fell in
2008-09. Debt-driven consumer spending drove robust growth in the first half of
the decade, fueling a large balance of payments deficit that posed a challenge
for policymakers. Inflationary pressures caused the central bank to raise its
key rate steadily from January 2004 until it was among the highest in the OECD
in 2007-08. The higher rate attracted international capital inflows, which
strengthened the currency and housing market while aggravating the current account
deficit. The economy fell into recession before the start of the global
financial crisis and contracted for five consecutive quarters in 2008-09. In
line with global peers, the central bank cut interest rates aggressively and
the government developed fiscal stimulus measures. The economy pulled out of
recession in 2009, and achieved 2%-3% growth between 2011 to 2014.
Nevertheless, key trade sectors remain vulnerable to weak external demand and
lower commodity prices. In the aftermath of the Canterbury earthquakes, the
government has continued programs to expand export markets, develop capital
markets, invest in innovation, raise productivity growth, and develop
infrastructure, while easing its fiscal austerity.
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Source
: CIA |
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EXECUTIVE SUMMARY
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Date registered: |
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Legal form: |
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Main activities: |
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Employees: |
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REGISTRY DATA
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Key Facts |
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Date registered: |
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Legal form: |
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Registration no: |
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Registry auth.: |
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Other reg.: |
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Registry status: |
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LEGAL FILINGS
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Bankruptcy
filings: |
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Court
judgements: |
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Tax liens: |
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Other: |
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MANAGEMENT & STAFF
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No of employees |
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BOARD OF DIRECTORS / OTHER APPOINTMENTS
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Christchurch 8014 New Zealand |
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SHARE CAPITAL
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Composition |
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No. of shares: |
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Shareholders/Owners
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Christchurch
8014 New Zealand |
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Name: |
Jennifer Anne
Wilby |
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No. of shares: |
200 shares |
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Address: |
19 Cheltenham
Street Christchurch
8014 New Zealand |
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CORPORATE AFFILIATIONS
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BANKING & FINANCING
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Financing Statement Registration No: FN2229247MJ02H5F/C0003 Time of Registration: 11-Jun-2009 10:45:55 Date of Renewal: 16-Oct-2013 10:48:09 Time of Change: 16-Oct-2013 10:48:09 Date of Expiry: 14-Oct-2018
10:48:09 Status: Registered DEBTOR Organisation Name: N. Wilby Limited Organisation Type: Company Incorporation Number: 2202964 Debtor Reference: CLG1420322 Contact Telephone No: 03 365
2000 Contact Address: 19 Cheltenham St Suburb: Merivale City/Town: Christchurch Post Code: 8014 Country: New Zealand Person Acting On Behalf Of: First Name: Neil Middle Names: George Last Name: Wilby Contact Telephone No: 03 365
2000 Contact Address: 19 Cheltenham St Suburb: Merivale City/Town: Christchurch Post Code: 8014 Country: New Zealand COLLATERAL (Current) Collateral Type: All Present And
After Acquired Personal Property Collateral History SECURED PARTY Organization Name: ANZ BANK NEW ZEALAND LIMITED Email Address: nzppsrcommercial@anz.com Fax: +64(9)2524411 Contact Telephone No: +64 9
252-4416 Contact Address: 23-29 Albert Street Suburb: Level 23 City/Town: Auckland Post Code: 1010 Country: New Zealand Person Acting on behalf of: First Name: Jean Last Name: Chew Email Address: nzppsrcommercial@anz.com Fax: +64(9)2524411 Contact Telephone No: +64 9
252-4416 Contact Address: 23-29 Albert Street Suburb: Level 23 City/Town: Auckland Post Code: 1010 Country: New Zealand |
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It is generally not the policy of local banks
to provide credit status information to non-bona fide applications, and
interested parties would be advised to consult first with the Subject if
banker's references are required. |
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FINANCIAL ACCOUNTS
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Required to file: |
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Source: |
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The Subject's financial statements were
not available in the course of our investigation and we were unable to
contact the Company for any information. |
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OPERATIONS & HISTORY
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Full description: |
The Subject's line of business could not
be determined in the course of our investigation and we were unable to
contact the Company for any information. Presumably engaged in trading of
wool products. |
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PROPERTY & ASSETS
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PAYMENTS
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As trade references were not supplied, the
Subject's payment track record history CANNOT BE ACCURATELY DETERMINED. |
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INVESTIGATIVE NOTES
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Sources: |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.66.63 |
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1 |
Rs.100.65 |
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Euro |
1 |
Rs.72.40 |
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NZD |
1 |
Rs.44.30 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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TRI |
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Report Prepared
by : |
TPT |
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.