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Report Date : |
12.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
ANYWARE
CORPORATION PTY LTD |
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Formerly Known As : |
ANYWARE COMPUTER
ACCESSORIES PTY LIMITED |
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Registered Office : |
D3, Campus
Business Park 350-374 Parramatta Road Homebush New South Wales 2140 |
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Country : |
Australia |
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Date of Incorporation : |
07.05.2001 |
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Com. Reg. No.: |
096717056 |
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Legal Form : |
Australian
Proprietary Company |
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Line of Business : |
Import, wholesale & distribution of computer products and accessories. |
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No. of Employees : |
75 employees |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
|
Australia |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 |
AUSTRALIA - ECONOMIC OVERVIEW
Australia's abundant and diverse natural resources attract high levels of foreign investment and include extensive reserves of coal, iron ore, 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 also has a large services sector and is a significant exporter of natural resources, energy, and food. Key tenets of Australia''s trade policy include support for open trade and the successful culmination of the Doha Round of multilateral trade negotiations, particularly for agriculture and services. The Australian economy grew for 17 consecutive years before the global financial crisis. Subsequently, the former RUDD government introduced a fiscal stimulus package worth over US$50 billion to offset the effect of the slowing world economy, while the Reserve Bank of Australia cut interest rates to historic lows. These policies - and continued demand for commodities, especially from China - helped the Australian economy rebound after just one quarter of negative growth. The economy grew by 1.4% during 2009 - the best performance in the OECD - by 2.7% in 2010, and by 1.8% in 2011. Unemployment, originally expected to reach 8-10%, peaked at 5.7% in late 2009 and fell to 5.0% in 2011. As a result of an improved economy, the budget deficit is expected to peak below 4.2% of GDP and the government could return to budget surpluses as early as 2015. Australia was one of the first advanced economies to raise interest rates, with seven rate hikes between October 2009 and November 2010. The GILLARD government is focused on raising Australia''s economic productivity to ensure the sustainability of growth, and continues to manage the symbiotic, but sometimes tense, economic relationship with China. Australia is engaged in the Trans-Pacific Partnership talks and ongoing free trade agreement negotiations with China, Japan, and Korea.
Source
: CIA
Verified Address
Subject name : ANYWARE CORPORATION PTY LTD
Business address :
42 Henderson Road
Town : Rowville
Province : Victoria
Zip/postal code : 3178
Country : Australia
Tel : +61 3 92128400
Fax : +61 3 92128440
Email : sales-mel@anyware.com.au
/ chin@anyware.com.au
Website : www.anyware.com.au
Registered address
: D3, Campus Business Park
350-374 Parramatta Road
Town : Homebush
Province : New South Wales
Zip/postal code : 2140
Country : Australia
Executive Summary
Date founded or
registered : 07/05/2001
Legal form : Australian
Proprietary Company
Chief executive : Garrison Huang
Issued & paid
up capital : AUD 2,963,077.46
Sales turnover : AUD 31,000,000
(Estimated Non-consolidated 12 months, 30/06/2012)
Line of business :
Import, wholesale
& distribution of computer products and accessories.
Staff employed : 75 employees
Company Analysis
Country risk : Country risk is minimal
Operation trend : Operational trend is progressing
Management
experience : Management is reasonably experienced
Financial
performance : Financial performance is good
Organization
structure : Organizational structure is stable
Detrimental : No
detrimental found
Payment history : No payment delays noted
Registry Data
Registration date
: 07/05/2001
Legal form : Australian Proprietary Company
Registration no Australian Company Number:
096717056
Registered
authority : Australian Securities and Investments
Commission
Fiscal/ Tax no : Australian Business
Number: 93096717056
Registry status : Live/Active
Previous name : The Subject was previously known as
ANYWARE COMPUTER ACCESSORIES
PTY LIMITED and changed to the current style on 24/06/2011.
Change of legal
form : None reported.
Key Management
Name : Garrison Huang
Designation : Managing Director
Name : Michael Fox
Designation : General Manager
Name : Mun Fun Chin
Designation : Chief Financial Officer
Appointments
Name : Garrison Huang
Designation : Director and Company Secretary
Appointment date :
07/05/01
Address : 166 Boundary Road
Narre Warren East, VIC 3804
Australia
Biography : Born on 13-03-1964 in Shanghai, China.
Staff employed :
75 employees
Composition
Authorized Capital
: AUD 2,963,077.46
No of shares : 1,000 Ordinary Shares
Share par value : No par value
Issued capital : AUD 2,963,077.46
Paid up capital : AUD 2,963,077.46
How listed : Full
List
Composition
Shareholder name :
AUSTRALIAN PC ACCESSORIES PTY LTD
Address : 42 Henderson Road
Rowville, VIC 3178
Australia
No. of shares : 900 Ordinary Shares
% of shares : 90%
Shareholder name :
AZA INTERNATIONAL (AUST) PTY LTD
Address : 8 Meriton Place
Clayton South, VIC 3169
Australia
No. of shares : 100 Ordinary Shares
% of shares : 10%
Structure
Name : AUSTRALIAN PC
ACCESSORIES PTY LTD
Affiliation type :
Parent Company
Address : 42 Henderson Road
Rowville, VIC 3178
Australia
Name : AZA INTERNATIONAL
(AUST) PTY LTD
Affiliation type :
Shareholder
Address : 8 Meriton Place
Clayton South, VIC 3169
Australia
Name : ANYWARE COMPUTER
ACCESSORIES NZ LIMITED
Affiliation type :
Sister Company
Address : 6 Henderson Place
Onehunga, Auckland 1061
New Zealand
Bank Details
Name of bank : Commonwealth Bank of Australia
Address : Australia
Account details :
Current Account
Comments : It is generally not the policy of local
banks to provide credit status information to
non related parties, however interested parties would be advised to
consult first
with the Subject if banker's references are required.
Mortgages : None reported.
Legal Fillings
Bankruptcy
fillings : None reported.
Court judgements :
None reported.
Tax liens : None reported.
Others : None reported.
Description
Source of
financial statement : Provided by the
Subject
Financial statement
date : 30/06/12
Type of accounts :
Estimated key figures
Currency : Australia Dollar
(AUD)
Exchange rate : 1 USD = AUD 0.95 as of
09-04-2013
Summarized Financial Information
Consolidation type
: Non Consolidated Non Consolidated
Currency : Australia Dollar
(AUD) Australia Dollar
(AUD)
Denomination : (x1) One (x1) One
Date of financial
year end : 30/06/12 30/06/11
Length of accounts
: 12 months 12 months
Sale turnover /
Income : 31,000,000 11,000,000
Comments : The estimated
turnover was provided by Mr. Mun Fun Chin. He further advised
that the turnover increased was due to the Subject’s Parent Company
AUSTRALIAN PC ACCESSORIES PTY LTD transferring its operation to the
Subject since 1 July 2011.
The Subject is classified as a small proprietary company by the
Australian
Securities & Investments Commission hence is not required to
disclose their
financial statement.
A proprietary company is defined as small for a financial year if it
satisfies at least
two of the following:
- The consolidated revenue for the financial year of the company and any
entities
it controls is less than $25 million;
-The value of the consolidated gross assets at the end of the financial
year of the
company and any entities it controls is less than $12.5 million, and
-The company and any entities it controls have fewer than 50 employees
at the
end of the financial year.
Main activities : The Subject engages in import,
wholesale & distribution of computers
products and accessories.
Product &
services : Mobile Phones
Computers
Computer Accessories
Notebook
Cameras
Gaming products
Ink & Toners
Networking products: Switches hubs, routers, modems
Surveillance products
VOIP phones
Apple accessories
Brand : Anyware,
LUXA2, 8ware, A4 Tech, AD Captain, Adesso, AGFAPHOTO,
Akai, Altec
Lansing, Altusen, Amacrox, Aten, AVerMedia, Bliss, Brateck,
Compro, Deepcool,
Enzatec, FOXTEL Digital, Fractal Design, Gyration,
Huntkey, iWALK,
Kaspersky, Kingston, KStar, Lamptron, Lapramp,
LEDware,
LinkBasic, mbeat, Microjet, Mionix, Moshi, Mygica, nKliq,
Noontec,
OverBoard, Pelican, Plantronics, Sunix, Symantec, Thermaltake,
TP-Link, Trend
Micro, U-BOARD, Upsonic, Welland, Winstars
Purchases
International :
Mainly China, South Korea, Taiwan, Thailand
Sales
Local : Yes
International :
New Zealand, Papua New Guinea
Key events : 9
October 2012
Anyware
Corporation inks partnership with Rapoo
Wireless
peripheral accessories manufacturer, Rapoo, has signed on
Anywhere Corporation
as its A/NZ distributor.
According to
Anywhere, the new partnership between the companies
expands their
existing partnership in China.
Anywhere will be
distributing a range of Rapoo products including wireless
mice, wireless keyboards
and wireless headsets; Bluetooth headsets and
Bluetooth
keyboards for intelligent terminals; and multimedia keyboards
and Multi-Link
(dandelion technology) product suites for home theatres.
The company signed
on Rapoo for its complimentary products that
possess the design
aesthetics, innovation, and advanced functionality that
is required to
become a notable contender in the Australian peripheral
market.
It also said the
demand for wireless technology is growing exponentially
and teaming up
with Rapoo will help it become a trusted brand in the
Australian
peripheral market.
“It is from this
foundation that we expect to be able to leverage significant
growth for the
brand in the Australian market” Anyware managing director,
Garrison Huang,
said.
Source:
www.reseller.co.nz/reseller
28 June 2011
Is Anyware
preparing to list on the stock exchange?
Now a corporation,
that option will "remain open" in the future, MD claims
Anyware has
overhauled its business structure, changing its name, ABN
and bank account
details as it becomes a corporation in preparedness to
attract further
investment.
Anyware Computer
Accessories will now trade as Anyware Corporation Pty Ltd.
Managing director,
Garrison Huang, said the name rebranding reflected the
distributor’s
decision to diversify its portfolio beyond computers and
components.
It is actively
looking for vendor partners in spaces such as Apple
accessories and
smartphones, and has recently signed on to distribute
iWalk – an Apple
certified vendor of battery and power extension product
for iPhone and
other smartphones.
Anyware added its
first Apple accessories vendor partner, Moshi, in June,
2010.
This drive for
expansion also saw the vendor increase its warehouse space
and consider markets
such as industrial racks in late 2010.
“I can’t complain
about how business is going, but I would like to see
stronger growth,”
Huang said. “As we’ve grown to a reasonable size
we’re affected to
a larger extent by the Australian economy.”
As a trust, which
Anyware Computer Accessories had traded as, there was
a limit to the
outside investment and shareholders the company could
attract. As a
corporation, that scope is expanded considerably.
Huang was coy when
asked whether the distributor would be making an
IPO in the future.
“There are no
imminent plans, but it remains an option,” he said. “This
move has been to
prepare our business for future growth.”
Resellers and
Anyware vendor partners should not expect any disruption in
business as a
result of these changes, Huang said.
27 May 2011
Anyware seals
exclusive partnership with Mionix
It will be
stocking the high-end gaming products from June 1.
Melbourne-based
computer accessories distributor, Anyware Computer
Accessories, has
signed an exclusive partnership with Swedish vendor
Mionix Gaming
Gear.
Anyware marketing
manager, Cameron Anstee, said adding another
gaming brand to
its portfolio strengthens its position in marketplace.
“We see Mionix as
another company focused on producing quality
products for a
market they know, understand and are passionate about.
They are a great
partner for Anyware and we share all the same values
and aspirations,”
Anstee said.
Mionix co-founder,
Peter Nygren, said it was looking forward to having a
long term co-operation
with Anyware and supplying high-end gaming gear
into the
Australian market.
“We have many new
products in development and we know that Anyware
is the adequate
partner with the expertise and knowledge to achieve our
important mission
to reach out to all end-users in Australia,” Nygren said.
27 August 2010
Anyware expands
warehouse and product portfolio
The distributor
moves into a new warehouse in Homebush and is also
looking at
expanding its line-up into offering industrial racks.
Distributor, Anyware
Computer Accessories, has expanded its Sydney
warehouse as it
prepares for further growth.
The distributor is
also stepping into other market areas like industrial racks.
Managing director,
Garrison Huang, said the company wanted to ensure it
could grow its
business without having to worry about space. The new
facility is based
in Homebush and measures 2600sqm.
“We want our staff
to feel more positive and we’re trying to refresh
ourselves. For us,
it’s very big because we only deal with accessories and
don’t do other big
products,” Huang said. “Having all this space is making
us look into other
markets like industrial racks.”
Anyware also
provides networking products, cables and UPS devices.
Huang said
stepping into the industrial rack space was a natural product
progression.
He said it had set
itself a deadline to begin working out of the new offices in
September, but it
would still operate out of its old facility based in
Gladesville.
11 June 2010
Anyware adds Apple
accessories to distribution line-up
Apple Australia
played a minor role in help the distributor land an
agreement with
US-based accessory vendor, Moshi
Anyware Computer
Accessories has been appointed national distributor for
third-party Apple
accessory vendor, Moshi.
The US-based vendor’s
product line includes electronics and accessories
ranging from
protectors, mini HDMI, screen cleaning kits, as well as cases
for the MacBook
and iPhone, keyboards and card readers.
Anyware is
distributing Moshi products to Apple Australia both through its
online and retail
stores.
Anyware marketing
manager, Cameron Anstee, said it had identified Apple
products as a
growing market.
"We wanted to
make a splash in this area,“ he said. "Moshi is supported by
Apple in the US
and Australia, and its something that can put us on the
map in this
market."
"They [Apple]
had a minor involvement in helping us strike the deal with
Moshi, which is a
feather in our cap. We’ve always done niche
accessories
covering various areas, and hopefully this will pave the way for
bigger and better
things as the market continues to grow."
In May, the
distributor restructured staff and its pricing model.
Property & Assets
Premises : The Subject operates from premises at the
verified heading address
consisting of a administrative office and warehouse.
Branches : In addition, the Subject operates from branch offices located
at:
D3, Campus Business Park
350-374 Parramatta Road
Homebush, NSW 2140
Australia
Tel: +61 2 96418888
17 Huntington Place
Banyo, QLD 4014
Australia
Tel: +61 7 33261600
Unit 6/15 Walters Dve
Osborne Park, WA 6017
Australia
Tel: +61 8 92428588
21 Alice Street
page 14 / 18
Findon, SA 5023
Australia
Tel: +61 8 83491700
Gross Domestic Products (GDP) & Economic
Overview
Central bank : Reserve
Bank of Australia
Reserve of foreign
exchange & gold : US$ 43.879
billion
Gross domestic
product - GDP : US$ 1.586
trillion
GPP (Purchasing
power parity) : 954.296 billion
of International dollars
GDP per capita -
current prices : US$ 68,916
GDP - composition
by sector : Agriculture: 4%
Industry: 25.6%
Services: 70.4%
Inflation : 2009:
1.8%
2010: 2.8%
2011: 3.4%
Unemployment rate
: 2009: 5.6%
2010: 5.2%
2011: 5.1%
Public debt
(General
Government gross debt as
a % GDP): 2009:
16.9%
2010: 20.4%
2011: 22.9%
Government bond
ratings : Standard
& Poor's: AAA/Stable/A-1+
Moody's rating: Aaa
Moody's outlook: STA
Market value of
publicly traded
shares: US$1.258
trillion
Largest companies in the country : Commonwealth
Bank (Banking), BHP Billiton (Materials), Westpac Banking Group (Banking), Rio
Tinto (Materials), National Australia Bank (Banking), ANZ Banking (Banking),
Telstra (Telecommunications)
Trade & Competitiveness Overview
Total exports : US$210.7 billion
Exports commodities
: Coal, iron ore, gold, meat,
wool, alumina, wheat
Total imports : US$187.2 billion
Imports
commodities : Machinery and
transport equipment, computers and office machines,
telecommunication equipment and parts, crude oil and petroleum products
Export - major
partners : Japan 18.9%, China
14.2%, South Korea 8%, US 6%, NZ 5.6%, India
5.5%, UK 4.2%
Import - major
partners : China
15.5%, US 12.8%, Japan 9.6%, Singapore 5.6%, Germany 5.2%,
UK 4.3%, Thailand 4.2%
FDI Inflows : 2008: US$46,843
million
2009: US$25,716 million
2010: US$32,472 million
FDI Outflows : 2008: US$33,604
million
2009: US$16,160 million
2010: US$26,431 million
Best countries for
doing business : 10 out of 183 countries
Global
competitiveness ranking : 20 (ranking by country on a basis of 142, the first
is the best)
Country and Population Overview
Total population :
22.23 million
Total area : 7,692,024 km2
Capital : Canberra
Currency : Australian dollars (AUD)
Internet users as
% of total
population: 76%
Purchase Term
International :
L/C, Telegraphic transfer, D/P, Credit up to 90 days
Sales Term
Local : Cash, Bank
transfer, Credit card, Credit 30-60 days
International :
Prepayment, Telegraphic transfer, Credit 30-60 days
Trade Reference/ Payment
Behaviour
Comments : As
local and international trade references were not supplied, the Subject's
payment track
record history cannot be appropriately determined but based
on our research,
payments are believed to be met without delay.
Investigation Note
Sources :
Interviews and material provided by the Subject
: Other official and local business sources
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.53 |
|
|
1 |
Rs.83.59 |
|
Euro |
1 |
Rs.71.33 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.