MIRA INFORM REPORT

 

 

Report Date :

20.12.2007

 

IDENTIFICATION DETAILS

 

Name :

JAN HOFMEYER TRADING CC

 

 

Registered Office :

The Cottage, No. 12 Eight Avenue, Parktown North, Gauteng

 

 

Country :

South Africa

 

 

Date of Incorporation :

8 December 2006

 

 

Com. Reg. No.:

2006/218690/23

 

 

Legal Form :

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 :

New Company

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear


COMPANY NAME

 

JAN HOFMEYER TRADING CC

 

 

TRADING NAME

 

JHT

 

 

PHYSICAL ADDRESS

 

The Cottage

12 Eighth Avenue

PARKTOWN NORTH

Gauteng

 

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

 

Nevertheless, please see statutory information obtained from CIPRO below:

 

 

COMPANY NAME

 

JAN HOFMEYER TRADING CC

 

 

ADDRESSES ON CIPRO

 

REGISTERED ADDRESS:

The Cottage

No. 12 Eight Avenue

PARKTOWN NORTH

Gauteng

 

POSTAL ADDRESS:     As above

 

 

MEMBERS

 

ABDULLAH ISMAIL PARUK

ID No. 6305165135051

Residential Address: The Cottage, No. 12 Eight Avenue, Parktown North, 2193

Postal Address: As Residential

Date Appointed: 8 December 2006

Interest Held: 100%

 

 

DATE REGISTERED

 

8 December 2006

Registration Certificate Number: 2006/218690/23 

 

 

AUDITORS

 

N VAN STRATEN

Postal Address: P O Box 25034, Monument Park, 0105

 

 

YEAR END

 

FEBRAURY

 

 

COMMENTS

 

Attempts have been made to establish a telephone number for A I PARUK and the auditors of the subject which proved unsuccessful.  A I PARUK is reported to be clear of judgments.  It would be greatly appreciated if our client could assist with any other information in order to contact A I PARUK and commence further investigations.  At present we are not in a position to recommend credit dealings.

 

 

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%)

 

 

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