Delivery Date: Sep 11, 2024
Subscriber No: 716000061
Ticket Key: 202409115006900140
Reference: sample reportComprehensive Report

KENTMORE CLOTHING (MANUFACTURING) LIMITED
D-U-N-S Number:
Subsidiary of:

59-012-4475
KENTMORE CLOTHING (MANUFACTURING) PTY LTD, COLLINGWOOD, VIC, Australia

IDENTIFICATION & SUMMARYIDENTIFICATIONHEAD OFFICE

Street Address:
AucklandNorth Island

SUMMARY

Subsidiary of:Industry SIC Codes:

KENTMORE CLOTHING(MANUFACTURING) PTY LTD of
COLLINGWOOD
VIC
AUSTRALIA

0000-UndeterminedLine of Business:
Undetermined
Chief Executive Officer:
Undetermined,.

Import:Yes
Export:Yes
EmploysGroup 110Founded:2002

RISK EVALUATIONRISK SUMMARY

RatingC1 (C1)

Revenue$4,756,895

Former Rating

C1 (C1)

Net Worth$165,836

Court Actions

0

PPSR Financing
Statements

Not Searched

Collections

0

Currency
All monetary amounts quoted in this report are shown in New Zealand dollars unless otherwise stated.

Street Address:
Auckland, North Island

RISK ASSESSMENT

Risk Indicator

1
High(4)

Risk Level of the Company is : STRONG

Low(1)

D&B Rating

Former Rating

Financial StrengthC

Risk Indicator
1

Financial StrengthC

Risk Indicator
1

Based on net worth

Strong (Minimal Risk)

Based on net worth

Strong (Minimal Risk)

The Dun & Bradstreet Rating of C1 indicates:
Financial Strength of USD 175,000 to USD 345,000 based on based on net worth
A Risk Indicator which is Strong (Minimal Risk)

CREDIT & RISK ANALYSIS

DYNAMIC RISK SCOREThe Dynamic Risk Score uses a statistically valid model derived from the Dun and Bradstreet database to predict the likelihood offinancial distress during the next 12 months.

1653
High(1001)

Low(1999)

Dynamic Risk Score: 1653
Probability of Experiencing Financial Distress: 0.01%
Industry Average: ****
Probability of Experiencing Financial Distress: N/A
Relative Risk Level: Minimal
Recommendation: Extend Terms to encourage growth

DYNAMIC RISK SCORE TRENDThe statistical historical DRS and industry average scores have been computed from information available in the Dun andBradstreet database as at the last day of each month.
A new scoring model was implemented on June 2023. There may be variations between the scores before and after this changepoint.

1,600

1,400

1,200

1,000

erocS waR

800

600

400

200

0

Oct 2023

Nov 2023

Dec 2023

Jan 2024

Feb 2024

Mar 2024

Apr 2024

May 2024

Jun 2024

Jul 2024

Aug 2024

Sep 2024

Historic Data

DRS

Industry Avg

Based on 786025 firms in SIC 0000 (Undetermined).

KEY TO SCORES
Score Range

Distress Probability

Relative Risk Level

Dun and Bradstreet
Recommendation

1508-1999

0.09

MinimalExtend Terms to encourage
growth

1474-1507

0.21

Very Low

Extend Terms to encourage
growth1424-1473

0.40

Low

Extend Terms to encourage
growth1359-1423

1.09

Average

Extend Terms

1323-1358

2.35

Moderate

Extend Terms and monitor

1298-1322

4.12

High

Review Terms and monitor

1232-1297

9.66

Very High

Review Terms and monitor
closely

1001-1231

30.93

SevereCash on delivery

DYNAMIC DELINQUENCY SCOREThe Dynamic Delinquency Score uses a statistically valid model derived from the Dun and Bradstreet database to predict thelikelihood that a business will pay in a severely delinquent manner (90+ days past terms) during the next 12 months.

474
High(101)

Low(799)

Dynamic Delinquency Score: 474
Probability of Severely Delinquent Payment: 8.93%
Industry Average: ****
Probability of Severely Delinquent Payment: N/A
Risk Class: D
Relative Risk Level: Average

A score of 474 indicates that the subject has a Average risk of paying in a severely delinquent manner (90 + Days Past Terms)
during the next 12 months and has a score that is the same as or better than 45% of all records in the Dun and Bradstreet
database.

KEY INFLUENCING FACTORSThe percentage of 60 day or more past due trade indicates a potentially lower risk of severely delinquent payment¹
The location of this firm indicates a potentially higher risk of severely delinquent payment
Trade payment information exists for this company in the D&B database
Evidence of court action(s) exists for this firm in the D&B database
Trade payment information exists for this company in the D&B database

DYNAMIC DELINQUENCY SCORE TRENDThe statistical historical DDS and industry average scores have been computed from information available in the Dun andBradstreet database as at the last day of each month.
A new scoring model was implemented on June 2014. There may be variations between the scores before and after this changepoint.

450

400

350

300

erocS waR

250

200

150

100

50

0

Oct 2023

Nov 2023

Dec 2023

Jan 2024

Feb 2024

Mar 2024

Apr 2024

May 2024

Jun 2024

Jul 2024

Aug 2024

Sep 2024

Historic Data

DDS

Industry Avg

Based on 759676 firms in SIC 0000 (Undetermined).

KEY TO SCORES
Score Range

Risk Class

Relative Risk Level

Probability of Severely
Delinquent Payment587-799

A

Minimal

1.04

546-586

B

Very Low

1.94

495-545

C

Low

4.15

422-494

D

Average

12.21

387-421E

Moderate

23.47

340-386

F

High

37.90

286-339

G

Very High

59.63

101-285

H

Severe78.28

BANK
Daily Transactional Bank and Financing Bank ANZ Banking Group (New Zealand) Limited.

Subject's secured overdraft facility of $250,000 is used as required and is secured by a security interest in all present and after
acquired personal property
Daily Transactional Bank The National Bank of New Zealand Limited.
Subject does not maintain an overdraft facility.
Subject's secured overdraft facility of $250,000 is used as required and is secured by a security interest in all present and after
acquired personal property

CURRENT INVESTIGATION

Subject could not be contacted on 03 Feb 2023 as there were no telephone listings for company.

REVENUEYear Ended 31/03/22
Year Ended 31/03/23$4,587,596$4,756,895

NET PROFIT
Year Ended 31/03/22
Year Ended 31/03/23$79,456$81,547
A search conducted on 03 Feb 2023 confirmed that KENTMORE CLOTHING (MANUFACTURING) LIMITED is not registered at the NZ
Companies Office.

HISTORYSTATEMENTS
Subject is unregistered at the NZ Companies Office.
Subject operates as a sole trader.

CORPORATE STRUCTUREULTIMATE PARENT74-026-0021

KENTMORE CLOTHING (MANUFACTURING) PTY LTD AU

Address:

28 Smiths Ave
West Ryde

PARENT
75-468-3795

KENTMORE CLOTHING (MANUFACTURING) PTY LTD AU

Address:

222 Collingwood Rd
Melbourne

SUBSIDIARIES
Kentmore Trends Ltd,NZ
Kentmore Beachwear Ltd,NZ
Kentmore Properties Ltd,NZ
Kentmore Headwear Ltd,NZ

AFFILIATES
Kentmore Properties Ltd,NZ
Kentmore Headwear Ltd (In Vol Liq),NZ

OPERATIONSLine of Business:

Subject's operations are undetermined.
An SIC could not be assigned as subject’s line of business is undetermined.

Specialises in:Trousers, Shirts and Suits

Exports:

to Australia, United States, Hong Kong, Singapore and Japan.

Imports:

from FranceItaly.

Employs:110 Group

EMPLOYEE HISTORY:Year

No of Employees

2019

110 Group

2018

107 Group

2017

105 Group

2016

100 Group

Location:

Reasons

Occupies premises at heading address.

FINANCIAL INFORMATIONOn 13 Sep 2023, ., . submitted the following Financial statement(s) dated 31 Mar 2023 verbally.

FINANCIAL GRAPHS

250,000

200,000

srallod dnalaeZ weN

150,000

100,000

50,0000

Mar 31, 2020TANGIBLE NET WORTH

Mar 31, 2022

FIXED ASSETS

Mar 31, 2023

WORKING CAPITALCOMPARATIVES
31 Mar 2020

31 Mar 2022

31 Mar 2023

Assets643,645

910,225

812,625

Liabilities

581,936

738,924

791,977

WORKING CAPITAL

61,709171,301

20,648

Tangible Assets

163,574

173,337

152,165

Liabilities

172,458

195,444

209,652

NET WORTH

52,825292,126

165,836

ANNUAL SALES

4,147,489

4,587,596

4,756,895

PROFIT AFTER TAX

71,59879,456

81,547INVENTORY

312,546434,599

434,441

2,809

6,460

6,899

ACCOUNTS RECEIVABLE

319,542

330,255

325,468

FIXED ASSETS

163,574

173,337

152,165

ACCOUNTS PAYABLE

217,336

232,610258,078

CURRENT

OTHER

CASH

31 Mar 2018

31 Mar 2019

Assets653,192

736,790

Liabilities

400,917

601,364

WORKING CAPITAL

252,275

135,426

Tangible Assets

153,063

163,564

Liabilities

174,629

198,565

NET WORTH

85,677

100,425

CURRENTOTHER

ANNUAL SALES

3,733,765

3,965,222

PROFIT AFTER TAX

63,25469,754INVENTORY

323,871

311,511

CASH

2,610

ACCOUNTS RECEIVABLE

312,692

321,569

FIXED ASSETS

153,063

163,564

ACCOUNTS PAYABLE

225,627

238,927BALANCE SHEET
Balance Sheet
As at 31 Mar 2023

As at 31 Mar 2022

Cash

3,500

2,304

Cash & Bank

3,399

4,156

2,809

Inventories

88,75488,754

312,546

Trade Debtors

325,468

330,255

319,542

Other Debtors

As at 31 Mar 2020

35,047

Prepayments

6,789

7,200

6,874

Work in Progress

37,263

92,954

Stock345,687

345,845

Due from Parent

765

1,254

Due from Related Cos

1,000

2,456

1,874

TOTAL CURRENT ASSETS

812,625

910,225

643,645

Property Plant & Equipment

150,478

155,478

148,574

Fixtures & Fittings

1,687

17,85915,000TOTAL FIXED ASSETS

152,165

173,337

163,574

Goodwill

8,415

8,459

7,500

TOTAL INTANGIBLES

8,415

8,459

7,500

Trade Creditors

245,622

220,154

215,689

Creditors & Borrowings

12,456

12,456

1,647

Bank Overdraft

7,458

7,500

9,525

Loans Hire Purchase

16,78917,20017,450Loans secured

135,487

155,478

150,000

Prov. Income Tax

3,189

4,588

3,146

Prov. Long Service Leave

35,57538,377

Prov. for employee
entitlements

94,87990,458Due to Parent

66,00080,455Due to Related Companies

68,974Due to Directors

35,00063,000Due to Shareholders

59,87449,258Other Current
liabilities

1,500

42,56482,45759,458

TOTAL CURRENT
LIABILITIES

791,977

738,924

Loans secured

581,936
172,458

Loans unsecured

164,587

158,444

Commercial Bills

45,06537,000Total Non-Current Liabilities

209,652

195,444

172,458

Paid Capital

50,00050,00050,000Reserves

29,54825,847

8,945

Reserves - Asset Revaln

51,88955,659Reserves - Share Prems

2,500

2,500

250

Retained Profit

40,314

166,579

1,130

TOTAL SHAREHOLDER
EQUITY

174,251

300,585

60,325TOTAL ASSETS

973,205

1,092,021

814,719

TOTAL LIABIL and EQUITY

1,175,880

1,234,953

814,719SHAREHOLDERS FUNDS

174,251

300,585

60,325TOTAL INTANGIBLES

8,415

8,459

7,500

165,836

292,126

52,825

Net Worth

NET WORTH

FINANCIAL ANALYSIS

Short Term Financial Risk
CURRENT RATIOCurrent Assets/Current Liabilities
Year 2023 Industry Quartile
2023

2022

2020

1.03

1.23

1.11

The Current Ratio compares Current Assets with Current Liabilities.
It is an indication of the ability of the subject to meet its debts as and when they fall due during the next year.
The optimum level varies according to the industry.
The higher the ratio the greater the level of assurance that the payment of creditors can be made.
Short Term Financial Risk
LIQUID RATIO
Cash & Debtors/Current Liabilities
Year 2023 Industry Quartile
2023

2022

2020

0.42

0.46

0.55

The liquid ratio further defines the subject’s ability to meet commitments in the short term.
It is an indication of the ability of the subject to meet its debts as and when they fall due during the next year.
The optimum level varies according to the industry.
The higher the ratio the greater the level of assurance that the payment of creditors can be made.
Short Term Financial Risk
CURRENT LIABILITIES TO NET
WORTH RATIOPercentage ValueYear 2023 Industry Quartile
2023

2022

2020

6.04

3.20

14.28

The current liabilities to net worth ratio contracts the funds the creditors risk temporarily with those which are permanently
invested.
Large deficit net worth figures will produce low negative ratios indicating higher risk.
Concerns with excessive positive ratios should be analysed carefully.
Efficiency
COLLECTION PERIOD RATIO
Accounts Receivable/Sales x 365
Days
Year 2023 Industry Quartile
2023

2022

2020

25.47

26.78

28.62

The collection period ratio measures the rate of collectability of the accounts receivable.
Generally, where most sales are for credit any collection period more than one-third over normal selling terms is indicative ofsome slow turning receivables.
Efficiency
ASSET TO SALES RATIO
Total Assets/SalesYear 2023 Industry Quartile
2023

2022

2020

10.95

10.56

13.27

The asset to sales ratio ties in sales and the total investment that is used to generate those sales in order to determine whether
the company is over or undertrading.
Figures above the upper quartile in a paricular industry can indicate overtrading which may lead to financial difficulties.
Figures below the lower quartile can be the result of overly conservative or poor sales management.
Profitability
PROFIT MARGIN RATIONet Profit x 100/SalesYear 2023 Industry Quartile
2023

2022

2020

1.71

1.73

1.73

The profit margin ratio determines the amount of re-employment by a company and which is used for dividends and reserves.
It is an indicator of a firms ability to withstand adverse conditions such as falling prices,rising costs and declining sales. Companies
not making adequate profits are vulnerable.

APPENDICES
The information in this report was last updated on 03 Feb 2023

D & B RATING GLOSSARYD&B Rating - The D&B Rating consists of two parts, the Financial Strength Indicator and the Risk Indicator.For example: in thecase of a 2A 4 rating, 2A means the financial strength of the business and 4 is the risk indicator.
The Risk Indicator is used in conjunction with the Financial Strength Indicator. The Risk Indicator reflects D&B's opinion of therisk associated with trading with a specific business, notably the likelihood of business continuance or failure over the next 12months. Created from expert rules systems, the Risk Indicator is refreshed whenever data is loaded onto our databases. Please
see the table below for the Risk Indicators and their corresponding values.
Risk Indicators
4

Significant level of risk

Take suitable assurances before extending
credit3

Greater than average risk

Proceed with transaction but monitor
closely2

Low risk

Proceed with transaction

1

Minimal risk

Proceed with transaction - offer terms
required-Insufficient information to assign a risk
indicator

No public information or D&B proprietary
information available to indicate trading
activity

The Financial Strength Indicator is based on either Net Worth or Issued Capital. The table below contains the possible values.
Financial Strength Indicator

Range

Net Worth

Capital

FROM

TO

5A

5AA

$42,000,000

And above

4A

4AA$17,500,000$42,000,000

3A

3AA

$8,400,000$17,500,000

2A

2AA

$1,750,000$8,400,000

1A

1AA

$840,000$1,750,000AAA$420,000$840,000

BBB$241,500$420,000

CCC$122,500$241,500

DDD$84,000$122,500E

EE$42,000$84,000

FFF$24,500$42,000

G

GG$10,500$24,500

H

HH

0$10,500

Alternate Ratings UsedN

Financial Strength is negativeO

Financial Strength is undisclosed

NB

New Business: Less than 24 months

NQ

Out of Business: Business has ceased to trade

CONFIDENTIALITY
CONFIDENTIAL THIS INFORMATION IS PROVIDED BY D&B EUROPE LTD SUBJECT TO THE TERMS AND CONDITIONS OF YOUR
SUBSCRIPTION CONTRACT AND IS NOT TO BE DISCLOSED.

This report is forwarded to the Subscriber in strict confidence for the use by the Subscriber as one
factor to consider in connection with credit and other business decisions. This report contains
information compiled from information which Dun & Bradstreet does not control and which has notbeen verified unless otherwise indicated in this report. Dun & Bradstreet therefore cannot accept
responsibility for the accuracy, completeness or timeliness of the report. Dun & Bradstreet disclaims all
liability for any loss or damage arising out of or in anyway related to the contents of this report.
COPYRIGHT 2024 DUN & BRADSTREET. THIS REPORT MAY NOT BE REPRODUCED IN WHOLE OR IN PART IN ANY FORM OR
MANNER WHATSOEVER.

END OF REPORT