MIRA INFORM REPORT

 

 

Report Date :

27.08.2014 

 

IDENTIFICATION DETAILS

 

Name :

ANNLIN IMPEX (PTY) LTD

 

 

Registered Office :

32 Ida Street, Menlo Park, 0081 P O Box 35296, Pretoria, 0081

 

 

Country :

South Africa

 

 

Date of Incorporation :

16.07.1999

 

 

Com. Reg. No.:

M1999/015337/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Retail trade in food, beverages and tobacco

 

 

No. of Employees

42

 

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

 

Status :

Satisfactory

Payment Behaviour :

No complaints

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 1, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

South Africa

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 


 

SOUTH AFRICA ECONOMIC OVERVIEW

 

South Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors and a stock exchange that is the 16th largest in the world. Even though the country's modern infrastructure supports a relatively efficient distribution of goods to major urban centers throughout the region, unstable electricity supplies retard growth. The global financial crisis reduced commodity prices and world demand. GDP fell nearly 2% in 2009 but has recovered since then, albeit slowly with 2014 growth projected at about 2%. Unemployment, poverty, and inequality - among the highest in the world - remain a challenge. Official unemployment is at nearly 25% of the work force, and runs significantly higher among black youth. Eskom, the state-run power company, has built two new power stations and installed new power demand management programs to improve power grid reliability. Construction delays at two additional plants, however, mean South Africa is operating on a razor thin margin; economists judge that growth cannot exceed 3% until those plants come on line. South Africa's economic policy has focused on controlling inflation, however, the country has had significant budget deficits that restrict its ability to deal with pressing economic problems. The current government faces growing pressure from special interest groups to use state-owned enterprises to deliver basic services to low-income areas and to increase job growth.

 

Source : CIA

 

 

 


Company name and address

 

Subject Name

ANNLIN IMPEX (PTY) LTD

Country

South Africa

Account Review

Recommended Every 3 Months

Subject Contact Person

MARK THOMAS GEORGE COPPIN - Director

Assessment

This is an established business. On investigation contact was made with MARK THOMAS GEORGE COPPIN the director who declined to assist with any information, as he does not need credit nor interested in any. Please see the available information provided below.

 

 

Company Information

 

Registered Name

ANNLIN IMPEX (PTY)LTD

Trading as/ Division Name

None

Previous Name

None

Date of Name Change

None

Registration Number

M1999/015337/07

Registration Date

1999/07/16

Date Commenced Trading

1999-07-16

Age of Business

15 Years 1 Months

History of Business

The subject commenced trading as a new company in 1999.

History of Principals

There are 2 active directors within the company.

Shareholders/Members/Partners of subject and % holding

100 % - SATYAMURTHI SHUNMUGAM NAIKER

Authorised Share Capital

R 0.00

Issued Share Capital/Members Contribution

R 0.00

Status

In Business

Operations Assessment

The subject supplies locally and exports a wide range of products such as food and beverages, oil and scrap metals.

Industry/ Customers

The general public and corporates

Export

Yes

Export Countries

Angola,Botswana

Import

Yes

Import Countries

Kenya

Major Industry Code / SICC

62209

Definition of Code

Other retail trade in food, beverages and tobacco n.e.c.

Head Office Physical Address

32 IDA STREET, MENLO PARK, 0081

Head Office Postal Address

P O BOX 35296, PRETORIA, 0081

Current Tel Number

0616851546

Cell Number

Unavailable

Current Fax Number

0795714464

Current Email Address

annlinimpex@gmail.com

Web Site Address

www.annlinimpex.net

Comments

 

 

 

Auditors Information

 

Company Registered Name

CONSULTUS AUDITORS INC

Trading Name

Unavailable

Registration Number

M1997/001312/08

Physical Address

CNR PRETORIOUS AND GROSVENOR STREET,HATFIELD, 0083

Postal Address

P O BOX 13190, HATFIELD, 0028

Contact Person

Unavailable

Contact Number

0214304145

Email

Unavailable

Principals

2

Judgements Against Subject

None On Record

Judgements Against Principals

None On Record

Subject Verified as Client

No

Practice Number

Unavailable

VAT Number

Unavailable

Tax Number

9009178840

BEE Status

Unavailable

Financial Year End

Unavailable

No of years in Business

16 Years 1 Months

Website

Unavailable

Comment

 

 

Previous Auditors Information - No Information on Record

 

 

Tax Information

 

Vat Number

4300176510

Status

DEREGISTERED

Vat Liable Date

1998/09/25

Tax Number

9144053643

Tax Clearance Expire Date

 

Financial Year End

December

Comment

 

 

Black Economic Empowerment Information - No Information on Record

ISO Information - No Information on Record

Work Mans Information - No Information on Record

 

Company Structure

 

Subsidiaries Information - No Information on Record

 

 

Employees

Number of Employees

42

1. Salaried employees

42

2. Waged employees

 

3. Permanent employees

42

4. Casual employees

 

5. Contracted employees

 

Comment

 

 

Company Fleet Information - No Information on Record

 

Offices Information - No Information on Record

Branch Information - No Information on Record

 

 

Management Overview

 

Level

Position

Name

Comment

 

1

DIRECTOR

MARK THOMAS GEORGE COPPIN

 

 

1

DIRECTOR

SATYAMURTHI SHUNMUGAM NAIKER

 

 

Holding

Company

Sub

Comment

100 % - SATYAMURTHI SHUNMUGAM NAIKER

ANNLIN IMPEX (PTY) LTD

None

 

 

 

Key Deals - No Information on Record

Trade References Information - No Information on Record

 


Adverse Information on Subject

 

Judgements - No information on record

BusinessRescue - No Information on Record

Default Listing - No information on record

Notarial Bonds - No information on record

 

Bank Information - No Information on Record

Bank Code History - No Information on Record

Previous Bank Account Information - No Information on Record

 

 

Deeds Information

 

Property Interests for Company ANNLIN IMPEX (PTY)LTD

 

Title Deed No.

T56988/2001

Erf/Site No.

371

Deeds Office

PRETORIA

Physical Address

62 PLATINA 2226-0380-000 AKASIA

Property Type

Freehold

Extent / Size

 

Purchase Date

2000/12/04

Purchase price

R1853.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

 

 

Principals

 

Number of Principals

2

Average Age of Active Principals

64

Active Principals Principal - 1 of 2 MARK COPPIN

Surname

COPPIN

First Name

MARK

Other Names

THOMAS GEORGE

Marital Status

Single

ID Number

6408045150082

Verified ID Number

Yes

Current Age

50 Years

Designation

Director

Status

Active

Appointment Date

2012/01/13

Physical Address (at time of Appointment)

16 FLEE AVENUE, HURLINGHAM, 2196

Postal Address

8 8TH AVENUE, PARKTOWN, PARKTOWN, 2193

Current Tel Number

0113266515

Cell number

0833773610

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

Business Information for MARK COPPIN

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ANNLIN IMPEX (PTY)LTD

M1999/015337/07

In Business

15 Years 3 Months

0

No

 

CARBER TRADING 3 (PTY)LTD

M1999/006250/07

Deregistration Final

15 Years 3 Months

0

No

 

CITY LIMITS PROPERTY INVESTMENTS 1 CC

B2006/184028/23

In Business

8 Years 8 Months

0

No

 

CROSS BORDER DUTY FREE CC

B1997/040210/23

Deregistration Final

17 Years 5 Months

0

No

 

DANNE BOTANICAL SKIN AND BEAUTY CLINIC CC

B1990/022458/23

Deregistration Process

0

0

No

 

DU SUD

RESOURCES

(PTY)LTD

K2014/014497/07

In Business

0

0

No

 

DU SUD VENTURES (PTY)LTD

M1999/006813/07

In Business

15 Years 3 Months

0

No

 

FOCUS ON PROPERTY CC

B2007/053408/23

Deregistration Final

7 Years 7 Months

0

No

 

MARLO TRADING CC

B1997/054991/23

Deregistration Final

17 Years 5 Months

0

No

 

RANDJES ESTATE

M1936/008950/08

In Business

78 Years 6 Months

1

No

 

REALTY WORX TRADE AND INVEST CC

B2008/008969/23

In Business

6 Years 6 Months

0

No

 

REGIONAL FOCUS PROPERTY INVESTMENTS 1 CC

B2007/049100/23

In Business

7 Years 7 Months

0

No

 

SHOW-DOWN TRADING 44 CC

B2010/096320/23

Deregistration Process

4 Years 4 Months

0

No

 

URBAN LIMITS ESTATE AGENCY CC

B2008/064653/23

In Business

6 Years 6 Months

0

No

 

 

Principal Previous Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ALKARA 148 (PTY)LTD

M2004/023882/07

Deregistration Final

10 Years 10 Months

1

No

 

APPLE TREE PROPERTIES CC

B1997/036904/23

Deregistration Final

17 Years 5 Months

0

No

 

 

BY WEDNESDAY

INVESTMENTS

(PTY)LTD

M2000/000405/07

In Business

14 Years 2 Months

0

No

 

CAROLINE TULLY MEDIA CONSULTANT CC

B1996/020680/23

Deregistration Final

18 Years 6 Months

0

No

 

LIMITLESS

CORPORATE FINANCE (PTY)LTD

M1998/011746/07

Deregistration Final

16 Years 4 Months

0

No

 

LIMITLESS

INVESTMENTS

(PTY)LTD

M1999/023543/07

In Business

15 Years 3 Months

0

No

 

LIMTECH BIOMETRIC SOLUTIONS (PTY)LTD

M1999/016157/07

In Business

15 Years 3 Months

0

No

 

MPOWA RESOURCING (PTY)LTD

M2001/010789/07

In Business

13 Years 1 Months

0

No

 

MYSTIC BLUE TRADING 89 (PTY)LTD

M2005/018853/07

In Business

9 Years 9 Months

0

No

 

OPELPROP 103 CC

B1996/047411/23

Deregistration Final

18 Years 6 Months

0

No

 

REGIS EXPORT TRADING INTERNATIONAL (PTY)LTD

M1993/003756/07

Conversion CO/CC or

CC/CO

21 Years 9 Months

0

No

 

S-U MANAGEMENT SERVICES LTD

M1997/000200/06

Deregistration Final

17 Years 5 Months

0

No

 

SEALINK TRADING (PTY)LTD

M2006/027352/07

In Business

8 Years 8 Months

0

No

 

THE HEADWAY GROUP (PTY)LTD

M2001/006168/07

In Business

13 Years 1 Months

0

No

 

THREE BLIND MICE COMMUNICATIONS (PTY)LTD

M1997/019130/07

In Business

17 Years 5 Months

0

No

 

YIPIYIYO CC

B1996/060980/23

Deregistration Process

18 Years 6 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 2 of 2 SATYAMURTHI NAIKER

 

Surname

NAIKER

First Name

SATYAMURTHI

Other Names

SHUNMUGAM

Marital Status

 

ID Number

3612095080080

Verified ID Number

Yes

Current Age

77 Years 8 Months

Designation

Director

Status

Active

Appointment Date

1998/08/18

Physical Address (at time of Appointment)

321 CRIMPSON STREET, LAUDIUM, 0037

Postal Address

P O BOX 14260, LAUDIUM, Gauteng, 0037

Current Tel Number

0616851546

Cell number

 

Shareholding/Membership

100.00

 

 

Principal's Adverse - No information on record

Business Information for SATYAMURTHI NAIKER

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ANNLIN IMPEX (PTY)LTD

M1999/015337/07

In Business

15 Years 3 Months

0

No

 

CAPITAL CITY MARATHON CC

B2000/069505/23

Deregistration Final

14 Years 2 Months

0

No

 

DINARE FUELS (PTY)LTD

2006/004848/07

Deregistration Final

8 Years 8 Months

0

No

 

GREATER PRETORIA SAFETY AND SECURITY ASSOCIATION

M1998/025586/08

Deregistration Final

16 Years 4 Months

0

No

 

HLONGWANE''S-H AND S TRADING CC

B2007/154906/23

Deregistration Final

7 Years 7 Months

0

No

 

LIBERATOR CARRIERS CC

2007/192476/23

Deregistration Final

7 Years 7 Months

0

No

 

LIBERATOR COMMERCIALS CC

B1997/034776/23

Deregistration Final

17 Years 5 Months

0

No

 

LITTLE ELEPHANT TRADING CC

B2010/081566/23

Deregistration Process

4 Years 4 Months

0

No

 

METROFUELS AFRICA (PTY)LTD

M2003/000493/07

In Business

11 Years 11 Months

0

No

 

PETROFUELS S A (PTY)LTD

M2001/028340/07

Deregistration Final

13 Years 1 Months

0

No

 

PLATINUM COACH

BUILDERS

(PTY)LTD

K2012/062406/07

Deregistration Process

2 Years 2 Months

0

No

 

SOUTH EAST ZONE

YOUTH

FOUNDATION

M2004/018506/08

Deregistration Process

10 Years 10 Months

0

No

 

TUMITSO TRADING CC

B2009/054544/23

AR Final Deregistration

5 Years 5 Months

0

No

 

 

Principal Previous Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

D AND N FORKLIFT SALES CC

B1997/067077/23

Deregistration Final

17 Years 5 Months

0

No

 

JUST PEANUTS CC

B2000/032278/23

Deregistration Final

14 Years 2 Months

0

No

 

LIBERATOR MOTOR

CORPORATION

(PTY)LTD

M2006/034026/07

Deregistration Process

8 Years 8 Months

0

No

 

 

LIBERATOR TRADING CC

B2007/179680/23

In Business

7 Years 7 Months

0

No

 

MOON STAR PRODUCTS CC

B2001/001131/23

Deregistration Final

13 Years 1 Months

0

No

 

PILLAY''S

DISTRIBUTION CC

B2001/071883/23

Deregistration Final

13 Years 1 Months

0

No

 

 

Principal's Deeds Information - No information on record

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.60.50

UK Pound

1

Rs.100.33

Euro

1

Rs.79.91

 

INFORMATION DETAILS

 

Analysis Done by :

SUM

 

 

Report Prepared by :

NIS

 

               

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.