MIRA
INFORM REPORT
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Report No. : |
305267 |
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Report Date : |
30.01.2015 |
IDENTIFICATION DETAILS
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Name : |
J S BROOKSBANK & CO |
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Registered Office : |
Maven House, Level 3, |
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Country : |
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Financials (as on) : |
30.09.2012 |
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Date of Incorporation : |
17.12.1945 |
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Com. Reg. No.: |
4673 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Trader of Wool Products. |
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No. of Employees : |
10 |
RATING & COMMENTS
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MIRA’s 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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Status : |
Satisfactory |
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Payment Behaviour : |
Slow but correct |
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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, 2014
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Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
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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 20 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, helping fuel a large balance of payments deficit that posed a
challenge for economic managers. 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; international capital inflows attracted to the high
rates further strengthened the currency and housing market, however,
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 late in 2009, and achieved 2-3% per year growth
in 2010-13. Nevertheless, key trade sectors remain vulnerable to weak external
demand. The government plans to raise productivity growth and develop
infrastructure, while reining in government spending.
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Source
: CIA |
IDENTIFICATION
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Verified |
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Subject name: |
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Other style: |
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Address: |
125 Featherston Street |
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Town: |
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Zip/postal code: |
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Country: |
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Telephone: |
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Fax: |
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Email: |
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Website: |
EXECUTIVE SUMMARY
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Date registered: |
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Legal form: |
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Sales turnover: |
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Main activities: |
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Employees: |
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: |
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: |
MANAGEMENT & STAFF
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Name: |
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Name: |
Mark Charles Allison |
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Job title: |
Director |
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Name: |
Judy Porter |
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Job title: |
Manager |
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Staff |
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No of employees |
BOARD OF DIRECTORS / OTHER APPOINTMENTS
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Name: |
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Board function: |
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Address: |
Sydney, NSW 2000 Australia |
SHARE CAPITAL
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Composition |
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Authorised: |
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Number/type: |
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Share value: |
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Issued: |
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Paid-up: |
Shareholders/Owners
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How Listed |
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125 Featherston Street Wellington New Zealand |
CORPORATE AFFILIATIONS
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Adelaide, SA 5000 Australia |
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Name: |
JSB NEW ZEALAND LIMITED |
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Affiliation
type: |
Parent Company |
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Address: |
Maven House, Level 3 125 Featherston Street Wellington New Zealand |
BANKING & FINANCING
FINANCIAL ACCOUNTS
OPERATIONS & HISTORY
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Activities |
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Full description: |
The Subject is
engaged in trading of wool products such as greasy and scoured wool. |
PROPERTY
& ASSETS
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Premises |
The Subject's
head office is located at the heading address. |
PAYMENTS
INVESTIGATIVE NOTES
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Sources: |
Interviews and material provided by the Subject Other official and local business sources |
ATTACHMENTS
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.61.50 |
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1 |
Rs.93.12 |
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Euro |
1 |
Rs.69.32 |
INFORMATION DETAILS
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Analysis Done by
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DIV |
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Report Prepared
by : |
NIT |
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.