MIRA INFORM REPORT

 

 

Report Date :

09.08.2007

 

IDENTIFICATION DETAILS

 

Name :

CARUMA (PTY) LTD

 

 

Registered Office :

233 Rondebult Avenue, Farrar Park, Boksburg, Gauteng,

 

 

Country :

South Africa

 

 

Date of Incorporation :

28.06.2006

 

 

Com. Reg. No.:

2006/019973/07

 

 

Legal Form :

Private

 

RATING & COMMENTS

 

MIRA’s Rating :

NR

 

RATING

STATUS

PROPOSED CREDIT LINE

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

Status :

Undetermined

 


COMPANY NAME

 

CARUMA (PTY) LTD

 

 

ADDRESS

 

PHYSICAL ADDRESS

 

Canon Crescent

Roodekop

Germiston

Gauteng

 

On investigation attempts to establish a contact number for the subject proved unsuccessful.

 

Nevertheless, please see statutory information obtained from CIPRO below:

 

 

COMPANY NAME

 

CARUMA (PTY) LTD

 

 

ADDRESSES ON CIPRO

 

REGISTERED ADDRESS

 

233 Rondebult Avenue

Farrar Park

Boksburg

Gauteng

 

POSTAL ADDRESS

 

P O Box 17736

Sunward Park

1470

 

 

DIRECTORS

 

CAREL CHRISTIAN STASSEN

ID No. 7112185150089

Residential Address: 565 Broadberry Circle, Cornwall Hill, 0157

Postal Address: As Residential

Date Appointed: 1 April 2007

 

 


DATE REGISTERED

 

28 June 2006

Registration Certificate Number: 2006/019973/07

 

 

AUTHORISED SHARE CAPITAL

 

R1000 divided into 1000 ordinary shares of R1  each

 

ISSUED SHARE CAPITAL:         R1000

 

 

AUDITORS

 

F W STUART

Business Address: 233 Rondebult Avenue, Farrar Park, Boksburg, 1459

Postal Address: P O Box 17736, Sunward Park, 1470

 

 

YEAR END

 

FEBRUARY

                                                                                                                                   

 

COMMENTS

 

We have attempted to contact the owner of the subject as well as the auditors but have had no success.  Should our client have any further contact details for this new company, please advise soonest so that further investigations may be carried out.

 


 

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

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

 

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

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

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