MIRA INFORM REPORT

 

 

Report Date :

09.07.2012

 

IDENTIFICATION DETAILS

 

Name :

TANYO PHARMA (PVT) LTD

 

 

Registered Office :

# 174 1/1, Mohamed Zain Mawatha, Colombo 12

 

 

Country :

Sri Lanka

 

 

Date of Incorporation :

06.06.2011

 

 

Com. Reg. No.:

PV 79239

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Import & Suppliers of Pharmaceuticals

 

 

No. of Employees :

Not Available 

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New Company

Payment Behaviour :

Unknown

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 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Sri Lanka

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 


GENERAL

Basic information at a glance

     

Name of Subject of Inquiry

:

 

TANYO PHARMA (PVT) LTD

 

Legal Form  & Status

:

Private Limited Liability Company  (In Operation)

Managing Director

:

Ashokan Subramaniam

Primary Line of Business

:

Import & Suppliers of Pharmaceuticals

Head office

&

Place of Business

 

:

 

# 174 1/1,

Mohamed Zain Mawatha,

Colombo 12,

Sri Lanka.

 

Tel. No: (00 94 11) 243 4224 / 243 1081

Fax No: (00 94 11) 244 9893

 

No. of Employees

:

Not Disclosed

           

 

 


COMPANY DETAILS

Registration and Shareholder Details

 

Registration No

:

PV 79239

Date of Registration

 

06th June 2011

Registered Office

:

# 174 1/1, Mohamed Zain Mawatha, Colombo 12, Sri Lanka.

Board of Directors

As at

06th November 2011

:

Ashokan Subramaniam

Managing Director

Srilajayan Sinnathamby

Director

Issued Share Capital

:

Rs.    1,000.00              

Nominal Value of Share

:

Rs.         10.00                    

 

Share Holders

As at

06th November 2011

:

Share Holders

No. of

Shares

Ashokan Subramaniam

50

Srilajayan Sinnathamby

50

Auditors

:

Not Applicable

Company Secretaries

:

Corporate Management Consortium

Bankers

:

Not Disclosed

 

 

 

 


CURRENT INVESTIGATION                      

 

·         History

                    The Subject Company TANYO PHARMA (PVT) LTD is a Private    Limited   liability Company incorporated on 06th June 2011 under registration number PV 79239.

                    The subject company TANYO PHARMA (PVT) LTD is a member company of the A.T. 

                    GROP

 

·         Location.

The subject company is located at client given address # 174 1/1, Mohamed Zain Mawatha, Colombo 12, Sri Lanka

 

·         Operational Details.

 

General

            The subject company primary line of business is Import & Suppliers of Pharmaceuticals.

 

            Products

                  Pharmaceuticals

 

Country

India, U.S.A

 

Employees

                    Not Disclosed

 

Directors Details

 

         01)

Name

Ashokan Subramaniam

ID Number

570464604 V

Nationality

Sri Lankan

Gender

Male

Date Of Birth

15th February 1957

Age

 55 Years

 

         02)

Name

Srilajayan Sinnathamby

ID Number

532480574 V

Nationality

Sri Lankan

Gender

Male

Date Of Birth

04th September 1953

Age

 58 Years

 

 

·         Financial Data

The company has declined to provide information on its finances

 

Based on the corporate laws of Sri Lanka, legal entities which are Private Company with                     Limited Liability is not required to make public disclosure of their annual financials.  Therefore no Financials are available for this entity

 

 

·         Trade references

                    The subject company did not provide any trade reference referrals

 

·         Credit Recommendations

      Since no financial information has been forthcoming from the company, it is not possible to comment

on the merits or otherwise of the company.

 

No computerised data bases exist to make checks whether the partners or the company has any legal action or lawsuit initiated against any of them but informal (but not in-depth) checks do not indicate any such cases in the public knowledge.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.42

UK Pound

1

Rs.86.04

Euro

1

Rs.68.61

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.