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MIRA INFORM REPORT
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Report No. : |
505976 |
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Report Date : |
02.05.2018 |
IDENTIFICATION DETAILS
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Name : |
ROBERT ANGEL PL |
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Registered Office : |
110 Williams Road Prahran VIC, 3181 |
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Country : |
Australia |
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Date of Incorporation : |
07.05.2009 |
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Legal Form : |
Australian Proprietary Company |
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Line of Business : |
The subject operates in the design and import green bags using natural
& recycled material’s |
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No. of Employees : |
3 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
B |
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Credit Rating |
Explanation |
Rating Comments |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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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
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Country Name |
Previous
Rating (30.09.2017) |
Current Rating (31.12.2017) |
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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 Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
AUSTRALIA - ECONOMIC OVERVIEW
Following two decades of continuous growth, low unemployment, contained inflation,
very low public debt, and a strong and stable financial system, Australia
enters 2018 facing a range of growth constraints, principally driven by the
sharp fall in global prices of key export commodities. Demand for resources and
energy from Asia and especially China is growing at a slower pace and sharp
drops in export prices have impacted growth.
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 benefited from a dramatic surge in its terms of trade in
recent years, although this trend has reversed due to falling 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 WTO, APEC, the G20, and other trade forums.
Australia’s free trade agreement (FTA) with China entered into force in 2015,
adding to existing FTAs with the Republic of Korea, Japan, Chile, Malaysia, New
Zealand, Singapore, Thailand, and the US, and a regional FTA with ASEAN and New
Zealand. Australia continues to negotiate bilateral agreements with Indonesia,
as well as larger agreements with its Pacific neighbors and the Gulf
Cooperation Council countries, and an Asia-wide Regional Comprehensive Economic
Partnership that includes the 10 ASEAN countries and China, Japan, Korea, New
Zealand and India.
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Source
: CIA |
CORPORATE
REPORT
REGISTERED NAME ROBERT ANGEL PL
ENVIRA
BAGS
ACN 136986582
ABN 77136986582
ADDRESS GIVEN 110 WILLIAMS ROAD PRAHRAN
VIC, 3181
Summary
Panel
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Incorporated |
2009 |
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Line of Business |
Design and manufacture of natural bags |
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Status |
Not determined |
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Chief Executive Officer |
Robert Angel |
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EXECUTIVE
SUMMARY
Details pertaining to the subject’s financial and trading position were
unable to be obtained for the current enquiry.
CORPORATE
SEARCH
Company Type Australian Proprietary Company
Status Registered
Incorporation Date 07 May 2009
Incorporation State VIC
Registered Office 110 Williams Road Prahran
VIC, 3181
Current Directors Total: 1
Director Name ANGEL, ROBERT ALAN
Appointment Date 07 May 2009
Date of Birth 30 Sep 1973
Place of Birth MELBOURNE VIC
Gender MALE
Resident Overseas N
Address 110 WILLIAMS RD, PRAHRAN VIC3181
Document Number 7E5232740
Current Secretaries Total: 1
Secretary Name THOMAS, REBECCA JANE
Appointment Date 07 May 2009
Date of Birth 02 Aug 1971
Place of Birth HOBART TAS
Address 110 WILLIAMS ROAD PRAHRANVIC, 3181
Company Shares Total: 50000 Amount: $50,000
Class ORDINARY SHARES [ORD]
Number of Shares Issued 50000
Paid Capital $50,000.00
Total Amount Due and Payable $0.00
Current Shareholders
Shareholder Name ANGEL, ROBERT ALAN
Address 110 WILLIAMS ROAD PRAHRAN
VIC, 3181
Class ORD
Number Held 50000
Beneficially Held Y
Fully Paid Y
Jointly Held N
SECURITY
INTERESTS
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).
BUSINESS STRUCTURE
TRADING ADDRESS First
Floor, 574 Malvern Rd,
Prahran VIC 3181
TELEPHONE (613)
9013 6556
MOBILE 0400
101 895
WEBSITE http://www.envirabags.com
BANK Not
determined
EMPLOYEES 3
BACKGROUND
The subject was incorporated in Victoria on 7 may 2009 under the current
style as a new venture.
OPERATIONS
The subject operates in the design and import green bags using natural
& recycled material’s
Activities are conducted from premises located at the above listed
trading address.
ADVERSE
A search of of on 26 April 2018 failed to trace any litigation listed
against the subject at that date.
FINANCES
The subject is not required to lodge financial statements with the
Australian Securities and Investments Commission.
During the current interview conducted with Director Robert Angel, he
declined to confirm or release any details pertaining to the subject unless the
source of the enquiry was released.
As a result, information pertaining to the subjects trading and
financial position could not be obtained for the current enquiry.
In regards to asset backing the subjects noted to own the premises
locate at the above listed trading address.
TRADE
SURVEY
The subject imports all requirements.
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 |
INR 66.78 |
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1 |
INR 92.89 |
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Euro |
1 |
INR 80.74 |
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AUD |
1 |
INR 50.05 |
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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PRI |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
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Promoters
/ Management background
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Payment
record
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Litigation
against the subject
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Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.