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MIRA
INFORM REPORT
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Report Date : |
9th
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
AZANIA
SAFETY MANUFACTURER (PTY) LTD |
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Registered Office : |
Fish
Eagle Office Park Block 2 Units 9 & 10, Kingfisher Crescent, Meyersdal
1447 |
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Country : |
South
Africa |
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Date of Incorporation : |
25.08.2005 |
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Com. Reg. No.: |
2005/030246/07 |
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Legal Form : |
Private
Limited Company |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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Status : |
New
Company |
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Payment Behaviour : |
-- |
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Litigation : |
Clear |
COMPANY NAME
AZANIA
SAFETY MANUFACTURER (PTY) LTD
POSTAL ADDRESS
P O Box
39649
BOOYSENS
2016
TELEPHONE NUMBER
(011)
499-1660
FAX
NUMBER
(011) 499-1654
CELLULAR NUMBER
083 254
4925
E-MAIL ADDRESS
On
investigation respondents at the subject declined to divulge information on the
subject and stated that they do not require credit and therefore declined to
assist with information. Should the
identity of the enquirer be divulged, further attempts to obtain information
will be instituted.
Information
obtained from CIPRO reads as follows:
COMPANY NAME
AZANIA
SAFETY MANUFACTURING (PTY) LTD
ADDRESSES ON CIPRO
PHYSICAL ADDRESS
Fish Eagle
Office Park
Block 2
Units 9 & 10
Kingfisher
Crescent
MEYERSDAL
1447
POSTAL ADDRESS
P O Box
5587
MEYERSDAL
1447
DIRECTORS
PAUL-DUDLEY
PETER BRUYNS ID NO: 4810255015081
Residential
address : 28 Park Avenue, Bordeaux, Randburg, 2194
Postal
address : P O Box 35022, Northcliff, 2115
DATE REGISTERED
25 August
2005
Registration
Certificate Number 2005/030246/07
AUTHORISED SHARE CAPITAL
R1 000
divided into 1 000 ordinary R1 shares.
ISSUED SHARE CAPITAL
R120
AUDITORS
VAN ZYL
COMPTON INC
FINANCIAL YEAR END
FEBRUARY
In view of
the lack of information on the subject, we have no basis upon which to
recommend credit dealings.
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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