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Report No. : |
328396 |
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Report Date : |
26.06.2015 |
IDENTIFICATION DETAILS
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Name : |
YOGIJI'S NZ LIMITED |
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Registered Office : |
26 Carr Road, Mt Roskill, Auckland 1042 |
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Country : |
New Zealand |
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Date of Incorporation : |
27.11.2002 |
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Com. Reg. No.: |
1259676 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Grocery Retail Stores. |
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No. of Employees : |
10 (Estimated) |
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 – 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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Subject name: |
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Other style: |
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Address: |
Mt Roskill |
Postal address: |
Mt Roskill |
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Town: |
Town: |
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Zip/postal code: |
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: |
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Legal form: |
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Main activities: |
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Employees: |
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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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Court judgements: |
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Tax liens: |
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Other: |
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No of employees |
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Hillsborough Auckland New Zealand |
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Number/type: |
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Hillsborough Auckland New Zealand |
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CBD 8011
Christchurch New Zealand |
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NZ Business
Number: 9429032307801 Incorporation
Date: 06 Apr 2009 |
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Name: |
YOGIJIS HAMILTON
LIMITED |
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Affiliation
type: |
Sister Company |
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Address: |
89 Greenwood
Road Frankton 3242 Hamilton New Zealand |
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Comment: |
Company number:
3386246 NZ Business
Number: 9429031098953 Incorporation
Date: 23 May 2011 |
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Required to file: |
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Source: |
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Presentation: |
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Date of accounts: |
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Type of accounts: |
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Currency: |
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Exchange rate: |
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Summarised
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Full
description: |
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Products/services: |
Baking Products
& Essence & Essence Biscuits &
Rusks Bulk Daals &
Lentils Chappati Flour Coconut Items Cool Drinks&
Bevarges cosmetics&
Medicine Dried Fruits
& Nuts Edible Oils Flours Ghee Heat & Eat Incense Instant Mix
& Soup Jaggery mamra Mouth Freshners Noodles Pappadums &
Fryums Paste, Chutny,
Sauces Pickle Rice Salt Seeds &
Other Products Snacks Spices &
Herbs Sweets &
Mango pulp Tamrind &
Kokam Tea & Syrups Tin Foods Vegetables Vermicelli |
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Brands: |
VICKS PARLE MAGGI HIMALAYA HALIRAM'S BRITANNIA BAKER STREET DABUR |
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Interviews and material provided by the Subject Other official
and local business sources |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.63.61 |
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1 |
Rs.99.79 |
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Euro |
1 |
Rs.71.17 |
INFORMATION DETAILS
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Analysis Done by
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RAS |
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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.