MIRA INFORM REPORT

 

 

Report Date :

10.04.2013

 

IDENTIFICATION DETAILS

 

Name :

AMLAN ENTERPRISES PTE. LTD

 

 

Registered Office :

101 Cecil Street #24-10 Tong Eng Building Singapore 069533

 

 

Country :

Singapore

 

 

Financials (as on) :

March 2012

 

 

Date of Incorporation :

19.05.2011

 

 

Com. Reg. No.:

201111851m

 

 

Legal Form :

Limited Private Company

 

 

Line of Business :

General wholesale trade (including general importers and exporters)

 

 

No. of Employees :

Not available 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Moderate  

 

 

Payment Behaviour :

Slow

 

 

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 – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

Singapore

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Singapore - ECONOMIC OVERVIEW

 

Singapore has a highly developed and successful free-market economy. It enjoys a remarkably open and corruption-free environment, stable prices, and a per capita GDP higher than that of most developed countries. The economy depends heavily on exports, particularly in consumer electronics, information technology products, pharmaceuticals, and on a growing financial services sector. Real GDP growth averaged 8.6% between 2004 and 2007. The economy contracted 1.0% in 2009 as a result of the global financial crisis, but rebounded 14.8% in 2010 and 4.9% in 2011, on the strength of renewed exports. Over the longer term, the government hopes to establish a new growth path that focuses on raising productivity, which has sunk to a compound annual growth rate of just 1.8% in the last decade. Singapore has attracted major investments in pharmaceuticals and medical technology production and will continue efforts to establish Singapore as Southeast Asia's financial and high-tech hub.

 

Source : CIA

 

 

Company Name:

Registered Number:

AMLAN ENTERPRISES PTE. LTD.

201111851M

 

Date Incorporated:

Registered Office:

Telephone Number:

19/05/2011

101 CECIL STREET #24-10 TONG ENG BUILDING SINGAPORE 069533

NA

Age of Company:

Website:

Industry Type:

2

NA

COMMERCE – WHOLESALE

 

Risk Dashboard

Days Beyond Terms

Trend:

No. of Litigation Counts:

Company DTC:

NA

NA

The entity is paying current to the creditors

No. of Charges(s):
0

Industry DTC

 

NA

 

Directors

 

Corporate Structure

Number of Current Directors

2

Holding Company:

ANIL MINES AND MINERALS LIMITED

Number that are shareholders

1

No. of Subsidiaries & Associated Companies:

NA

 

 

EXECUTIVE SUMMARY

 

Company Name

:

AMLAN ENTERPRISES PTE. LTD.

Registration No

:

201111851M

Date of Registration

:

19/05/2011

Former Name

:

NA

Date of Change of Name

:

NA

Type of Company

:

LIMITED PRIVATE COMPANY

Registered Address

:

101 CECIL STREET #24-10 TONG ENG BUILDING SINGAPORE 069533

Date of Change of Address

:

19/05/2011

Contact No.

:

NA

Fax No.

:

NA

Website

:

NA

Registered Activities

:

GENERAL WHOLESALE TRADE (INCLUDING GENERAL IMPORTERS AND EXPORTERS)

Issued Ordinary Capital*

:

$5,000.00 SINGAPORE, DOLLARS ,NO. OF SHARE : 500

Issued Preference Capital

:

NA

Paid-Up Ordinary Capital

:

$5,000.00 SINGAPORE, DOLLARS

Paid-Up Preference Capital

:

NA

* Number of Shares includes number of Issued Treasury Shares

Issued Treasury Capital

:

NA

Paid-Up Treasury Capital

:

NA

No. of Local Subsidiaries

:

NA

No. of Local Associates

:

NA

Auditor

:

T RAVI & CO.

Bankers / Financiers

:

NA

Turnover

:

SGD - SIN 0.00 (FY2012)

Net Worth

:

SGD - SIN 3,663,393.00 (FY2012)

No. of Bank Charges

:

NA

No. of Litigation Suits

:

NA

S1000 / SME 1000 / FG50 Ranking

:

No found for SINGAPORE 1000 and SME 1000

Compounded Annual Growth Rate (CAGR)

:

NA

 

 

SHAREHOLDER DETAILS

 

NAME

:

ANIL MINES AND MINERALS LIMITED

SHAREHOLDER ID

:

T11UF2083K

NATIONALITY

:

INDIA

ADDRESS

:

1 PANDURANGA SOCIETY, JUDGES BUNGLOW ROAD, BODAKDEV, AHMEDABAD 380054, GUJARAT, INDIA

NO. OF ORD SHARES

:

500

% OF SHAREHOLDING

:

100%

CURRENCY

:

SINGAPORE, DOLLARS

 

 

OFFICER DETAILS

 

NAME

:

SUMATHI D/O. VALLATHARASU

ADDRESS

:

97 BELIMBING AVENUE OASIS @ MULBERRY SINGAPORE 347488

POSITION

:

DIRECTOR

DATE OF APPT

:

19/05/2011

NATIONALITY

:

SINGAPORE P.R.

I/C PASSPORT

:

S6977044D

 

NAME

:

DIPAL PIYUSHBHAI PALKHIWALA

ADDRESS

:

A/103 SHALIGRAM APPT-3, OPP-ARYA BUNGLOW SATELLITE, AHMEDABAD 380015, GUJARAT, INDIA

POSITION

:

DIRECTOR

DATE OF APPT

:

19/05/2011

NATIONALITY

:

INDIAN

I/C PASSPORT

:

Z1736742

 

 

KEY PERSONNEL PROFILE

 

Name:

SUMATHI D/O. VALLATHARASU

NRIC Number:

S6977044D

Available Address:

97 BELIMBING AVENUE OASIS @ MULBERRY  SINGAPORE 347488

 

Current Business Interest

No.

Name

Position

Appt Date

#of Share

%

1

AASIMA IMPEX PTE. LTD.

DIRECTOR

05/11/2012

-

-

2

AASIMA IMPEX PTE. LTD.

SECRETARY

05/11/2012

-

-

3

ALLANDALE INTERNATIONAL PTE. LTD.

DIRECTOR

03/05/2010

-

-

4

ALLANDALE INTERNATIONAL PTE. LTD.

SECRETARY

03/05/2010

-

-

5

ANNKH HOLDINGS PRIVATE LIMITED

SECRETARY

26/06/2012

-

-

6

ARKNET PTE LTD

DIRECTOR

15/08/2001

2

100.00

7

ATKEI INTERNATIONAL PTE. LTD.

SECRETARY

26/08/2009

-

-

8

DMC TRAVEL MANAGEMENT (S) PTE. LTD.

SECRETARY

14/09/2012

-

-

9

DOO TELEHOLDINGS PTE. LTD.

DIRECTOR

17/02/2010

-

-

10

DOO TELEHOLDINGS PTE. LTD.

SECRETARY

17/02/2010

-

-

11

DOVELINE PTE. LTD.

SECRETARY

30/04/2011

-

-

12

EAST ASIA POWER PTE. LTD.

SECRETARY

14/02/2012

-

-

13

ELEMENTZ TRADING PTE. LTD.

SECRETARY

02/03/2011

-

-

14

GENESIS BBQ (ASIA PACIFIC) PTE. LTD.

SECRETARY

31/03/2011

-

-

15

GENESIS BBQ (DOWNTOWN EAST) PTE. LTD.

SECRETARY

01/11/2009

-

-

16

GENESIS BBQ (NORTH POINT) PTE. LTD.

SECRETARY

01/11/2009

-

-

17

GENESIS BBQ (SINGAPORE) PTE. LTD.

SECRETARY

31/03/2011

-

-

18

GENESIS BBQ INVESTMENT HOLDINGS PTE. LTD.

SECRETARY

31/03/2011

-

-

19

GENWERKZ ENGINEERING PTE. LTD.

SECRETARY

22/06/2012

-

-

20

HABITAT INTERNATIONAL SERVICES PTE. LTD.

SECRETARY

01/09/2011

-

-

21

JAC IMPORT & EXPORT PTE. LTD.

DIRECTOR

31/10/2009

-

-

22

JAC IMPORT & EXPORT PTE. LTD.

SECRETARY

31/10/2009

-

-

23

JD ALLIANCE PTE. LTD.

SECRETARY

30/08/2006

-

-

24

KALVA ENGINEERS (SEA) PTE. LTD.

DIRECTOR

09/05/2012

-

-

25

KALVA ENGINEERS (SEA) PTE. LTD.

SECRETARY

09/05/2012

-

-

26

LINTAS INTERNATIONAL PTE. LTD.

DIRECTOR

31/10/2009

-

-

27

LOGSOM TRADING (S) PTE. LTD.

SECRETARY

24/06/2010

-

-

28

MANGALAM OVERSEAS PTE. LTD.

SECRETARY

30/09/2011

-

-

29

MANGALAM OVERSEAS PTE. LTD.

DIRECTOR

24/08/2009

-

-

30

MCGLAREN TECHNOLOGIES & MANAGEMENT PTE. LTD.

SECRETARY

24/10/2012

-

-

31

PENG YAP ENGINEERING (S) PTE. LTD.

SECRETARY

03/05/2010

-

-

32

PG AUTOMOTIVE HOLDINGS PTE. LTD.

SECRETARY

16/05/2011

-

-

33

PINEHILLS (SINGAPORE) PTE. LTD.

SECRETARY

10/01/2012

-

-

34

PRAKASH VANIJYA (SINGAPORE) PTE. LTD.

SECRETARY

11/04/2011

-

-

35

RABAAN (S) PTE. LTD.

DIRECTOR

23/10/2009

-

-

36

RABAAN (S) PTE. LTD.

SECRETARY

23/10/2009

-

-

37

SHENCORE CORPORATION PTE. LTD.

DIRECTOR

14/06/2011

100000

100.00

38

SPM HOLDINGS PTE. LTD.

DIRECTOR

23/10/2009

-

-

39

SPM HOLDINGS PTE. LTD.

SECRETARY

23/10/2009

-

-

40

TRUWAVE OFFSHORE PTE. LTD.

SECRETARY

01/11/2012

-

-

41

UNIVERSAL METROLOGY AND ENGINEERING SERVICES PTE. LTD.

DIRECTOR

31/10/2009

-

-

 

Previous Business

No.

Name

 

 

Status

Position

Appt Date

Last Known Inactive Date

1

A.M. TRADING ENTERPRISE PTE. LTD.

LIVE COMPANY

SECRETARY

04/02/2004

02/04/2013

2

AMRA CORPORATION PTE. LTD.

STRUCK OFF

DIRECTOR

05/02/2004

-

3

AMRA CORPORATION PTE. LTD.

STRUCK OFF

SECRETARY

05/02/2004

-

4

AMRA CORPORATION PTE. LTD.

STRUCK OFF

SHAREHOLDER

-

-

5

C.M.K. IMPEX PTE. LTD.

STRUCK OFF

SECRETARY

05/03/2004

-

6

DEIGRATIA INTERNATIONAL PTE. LTD.

LIVE COMPANY

DIRECTOR

25/04/2009

20/06/2012

7

DEIGRATIA INTERNATIONAL PTE. LTD.

LIVE COMPANY

SECRETARY

25/04/2009

20/06/2012

8

DESIGN & PRINT INTERNATIONAL PTE. LTD.

LIVE COMPANY

SECRETARY

04/12/2003

15/01/2013

9

FOOD DELIGHTS INTERNATIONAL PTE. LTD.

STRUCK OFF

DIRECTOR

28/10/2009

-

10

FOOD DELIGHTS INTERNATIONAL PTE. LTD.

STRUCK OFF

SECRETARY

28/10/2009

-

11

GENESIS BBQ (DOWNTOWN EAST) PTE. LTD.

LIVE COMPANY

DIRECTOR

01/11/2009

21/09/2012

12

GENESIS BBQ (NORTH POINT) PTE. LTD.

LIVE COMPANY

DIRECTOR

01/11/2009

21/09/2012

13

HNM SINGAPORE PTE. LTD.

LIVE COMPANY

SECRETARY

19/11/2009

31/10/2011

14

RAILSTORM SINGAPORE PTE. LTD.

STRUCK OFF

SECRETARY

12/02/2004

-

15

ROSHAN GLOBAL TRADING & CONSTRUCTION PTE. LTD.

LIVE COMPANY

SECRETARY

05/04/2004

05/01/2010

16

SAM-SU MANAGEMENT CONSULTANTS

CEASED

OWNER

09/12/2000

-

17

SENURA SITHUM SEVA PTE. LTD.

STRUCK OFF

SECRETARY

30/10/2003

-

18

VICKY IMPEX PTE. LTD.

LIVE COMPANY

SECRETARY

03/07/2006

08/01/2013

 

Bankruptcy Record

Case No.

Year

Date of Filing

Petitioner Name

Amount

No Trace

 

 

 

 

 

Litigation Search – Writ of Summons

Court

Case No.

Transfer

Year

Date of Filing

Amount

Cause Category

No Trace

 

 

 

 

 

 

 

 

SUBSIDIARIES AND ASSOCIATE COMPANIES

 

Company

Shareholdings (%)

 

NA

 

                                                                                                                       

 

 

 

 

BANKERS/ FINANCIERS

 

Subject enjoys a normal banking routine with its bankers. To date, there are no bank charges registered against Subject by its bankers.

             

 

LITIGATION

 

Clear

 

 

COMPLIANCE

 

Date of Last AGM

:

29/09/2012

Date of Last AR

:

23/01/2013

Date of A/C Laid At Last AGM

:

31/03/2012
 

 

COMPLIANCE RATING FOR ANNUAL FILING

 

ANNUAL GENERAL MEETING,ANNUAL RETURN OR ACCOUNTS LATE

 

Note:

 

Provided by ACRA (Accounting and Corporate Regulatory Authority), the Compliance Rating for Annual Filing measures a company’s compliance with the provisions under S175, S197 or S201 of the Companies Act, Cap. 50.

 

Applicable to all “Live” locally incorporated companies except for the Limited Partnerships, Limited Liability Partnerships, Business Entities, Foreign Companies and Public Accounting Firms, the rating provide information on whether a company is up-to-date with the holding of its Annual General Meeting (AGM) with up-to-date financial statements and filing of its Annual Return (AR).

 

For more information: www.acra.gov.sg/compliance

 

FINANCIAL HIGHLIGHTS

 

Financial Figures

Company

 

MAR 2012

Currency

SGD - SIN

Profit and Loss Key Figures

 

Turnover

0

Profit/(Loss) Before Tax

(16,747)

Profit After Tax attributable

 to Shareholders

(16,747)

 

 

Balance Sheet Key Figures

 

Total Assets

3,679,062

Current Assets

3,679,062

Non Current Assets

0

 

 

Total Liabilities

15,669

Current Liabilities

15,669

Non Current Liabilities

0

 

 

Shareholders' Funds

3,663,393

Share Capital

5,000

Total Reserves

3,658,393

 

 

FINANCIAL RATIOS 

 

 

Company

 

MAR 2012

Growth %

 

Year-on-Year Growth

NA

 

 

Profitability

 

Profit Margin (%)

0.00

Return on Equity (%)

-0.46

Return on Assets (%)

-0.46

 

 

Leverage

 

Total Debt/Equity (Times)

0.00

Current Debt/Equity (Times)

0.00

Long Term Debt To Equity (Times)

0.00

Total Asset To Total Equity (Times)

1.00

 

 

Asset Management

 

Total Assets Turnover (Times)

0.00

Fixed Assets Turnover (Times)

0.00

 

 

Liquidity

 

Current Ratio (Times)

234.80

 

 

FINANCIAL COMMENTARY

 

Profitability

We are unable to comment on Subject's profitability.

 

 

Liquidity

 

Current ratio stood at 234.80 times in FY12. This means that the company has SGD - SIN 234.80 of current assets for every SGD - SIN of current liability incurred.

 

A minimum figure of 1.0 would be considered the lowest limit that this figure should reach. Any business that has a current ratio near 1.0 may be heading for liquidity problems, and would need to be closely monitored. A figure greater than 2.0 would be more desirable, to act as a buffer against any short-term liquidity problems, and give creditors/bank managers a degree of comfort when granting credit/finance.

 

Leverage

Total debt-to-equity ratio notched 0.00 times in FY12. This means that the company requires additional external financing of SGD - SIN 0.00 for every SGD - SIN injected into its operations.

 

Generally, a total debt-to-equity ratio of less than 0.5 times is preferred. The ratio measures the proportion of the company's reliance on external debt for financing, relative to the shareholder's fund. A lower ratio would imply a greater financial safety and operating freedom for the company.

 

 

Efficiency Ratio

 

We are unable to comment on Subject's return on equity.

 

We are unable to comment on Subject's return on assets.

 

We are unable to comment on Subject's total assets turnover ratio.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.54.46

UK Pound

1

Rs.83.13

Euro

1

Rs.70.99

 

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.