MIRA
INFORM REPORT
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Report Date : |
18.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
BIGGIE BEST (PTY) LTD |
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Registered Office : |
4th Floor, Communicare Centre, 2 Roggebaai Square, Cape Town, Western Cape |
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Country : |
South Africa |
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Date of Incorporation : |
17 February 1965 |
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Com. Reg. No.: |
1965/001331/07 |
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Legal Form : |
Private Limited Company |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems comparatively
below average/normal. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
COMPANY NAME
BIGGIE BEST (PTY) LTD
POSTAL ADDRESS
P O Box 1093
WOODSTOCK
7915
TELEPHONE NUMBER: 021 448 1264
On investigation it was stated that the subject has moved premises and has a new telephone number of 021 534 8662. Contact was made with the Financial Manager of the company who stated she is not prepared to assist with information unless the identity of the enquirer and reason for the enquiry are known. We would therefore appreciate it if our client could please submit any further details to assist in this enquiry. Please advise soonest and further information will be obtained.
Nevertheless, please see statutory information obtained from CIPRO below:
ADDRESSES ON CIPRO
REGISTERED ADDRESS
4th Floor, Communicare Centre
2 Roggebaai Square
CAPE TOWN
Western Cape
POSTAL ADDRESS
P O Box 7498
ROGGEBAAI
8012
DIRECTORS
PRUDENCE MANDA PFUHL
ID No. 4806230104008
Residential Address: 3 Alphen Drive, Constantia, 7800
Postal Address: P O Box 1093, Woodstock, 7915
Date Appointed: 19 March 1991
DATE REGISTERED
17 February 1965
Registration Certificate Number : 1965/001331/07
YEAR END
DECEMBER
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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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%)