MIRA
INFORM REPORT
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Report Date : |
30.08.2007 |
IDENTIFICATION DETAILS
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Name : |
LARGEDATA CC |
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Registered Office : |
Unit 15, |
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Country : |
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Date of Incorporation : |
5 March 2004 |
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Com. Reg. No.: |
2004/021025/23 |
RATING & COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Undetermined |
COMPANY NAME
LARGE DATA CC
PHYSICAL ADDRESS
Shop 60
note
On investigation attempts were made to establish a contact number for the subject which proved unsuccessful.
The physical address, Shop 60,
Nevertheless, please see statutory information obtained from CIPRO
below:
COMPANY NAME
LARGEDATA CC
ADDRESSES ON CIPRO
REGISTERED ADDRESS
Unit 15
HALFWAY HOUSE
POSTAL ADDRESS
Randjesfontein
MIDRAND
1683
MEMBERS
DAVID SHORAI DZUMBIRA
D.O.B. 730404
Residential Address:
Postal Address:
Date Appointed: 5 March 2004
Interest Held: 100%
DATE REGISTERED
5 March 2004
Registration Certificate Number : 2004/021025/23
MEMBERS CONTRIBUTION
R120.00
AUDITORS
P L FENWICK
Postal Address:
YEAR END
FEBRUARY
COMMENTS
Contact was made with the auditors of the company and the auditor, Mrs Fenwick stated that she no longer audits the subject and that we should contact a Marius Bosch on 083 307 7785. When dialing the above cellphone number the number was constantly answered by voicemail and messages left have not been answered.
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. |
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%)