MIRA
INFORM REPORT
|
Report Date : |
08.12.2007 |
IDENTIFICATION
DETAILS
|
Name : |
CAPE HERB AND SPICE (PTY) LTD |
|
|
|
|
Registered Office : |
Roodebloem Manor, Lawley Road, Woodstock, Western Cape |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
1 August 2005 |
|
|
|
|
Com. Reg. No.: |
2005/026757/07 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
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 |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
COMPANY NAME
CAPE HERB AND SPICE (PTY) LTD
PHYSICAL ADDRESS
50 Bell Crescent
Westlake Business
Park
Tokai
CAPE TOWN
Western Cape
POSTAL ADDRESS
P O Box 118
CONSTANTIA
7848
TELEPHONE NUMBER: 021 701 5140
FAX NUMBER: 021 701 5148
note
On investigation
contact was made with a respondent at the subject who stated that the Financial
Manager is away until January next year and the Director is unable to speak to
the investigator at present as he is very busy. An email questionnaire has been forwarded to respondents and to
date no reply has been forthcoming.
Nevertheless, please
see statutory information obtained from CIPRO below:
COMPANY NAME
CAPE HERB AND SPICE (PTY) LTD
ADDRESSES ON CIPRO
REGISTERED ADDRESS
Roodebloem Manor
Lawley Road
WOODSTOCK
Western Cape
POSTAL ADDRESS
P O Box 1955
CAPE TOWN
8000
DIRECTORS
BRUCE DOUGLAS IVY
ID No. 5910115104007
Physical Address: 39 Upper Quarterdeck, Kalk Bay, 7975
Postal Address: P O Box 118, Constantia, 7848
Date Appointed: 1 January 2006
IRENE IVY-SCHUURMANS
ID No. 6412050154005
Residential Address:
39 Upper Quarterdeck, Kalk Bay, 7975
Postal Address: P O
Box 118, Constantia, 7848
Date Appointed: 1
January 2006
PAUL JIBSON
ID No. 7211305183082
Residential Address:
44 Malgas Road, flamingo Vlei, 7441
Postal Address: P O
Box 8243, Roggebaai, 8012
Date Appointed: 1
January 2006
DALE ROBERT KNEEN
ID No. 6403125074088
Residential Address:
7 Signal View Close, No. 1 Kenmore Road, Tamboerskloof, 8001
Postal Address: P O
Box 118, Constantia, 7848
Date Appointed: 1
January 2006
GILLIAN SCHUURMANS
ID No. 3711020070081
Residential Address:
12 Kestrel Way, Kenrock Country Estate, Valley Road, Hout Bay, 7806
Postal Address: P O
Box 118, Constantia, 7848
Date Appointed: 1
January 2006
DATE REGISTERED
1 August 2005
Registration Certificate Number : 2005/026757/07
ISSUED SHARE CAPITAL
R12
AUDITORS
MOORE STEPHENS BKV INC
Business Address: Roodebloem Manor, Lawley Road, Woodstock
Postal Address: P O Box 1955, Cape Town, 8000
YEAR END
FEBRUARY
COMMENTS
In view of the lack
of information on the subject we are not in a position to recommend credit
dealings. Further investigations will
be instituted in the new year.
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. |
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%)