MIRA
INFORM REPORT
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Report Date : |
22nd
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
ELMAR
AGENCIES CC |
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Registered Office : |
2 Wild
Pear Avenue, Dowerglen Extension 3, Edenvale, Gauteng |
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Country : |
South
Africa |
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Date of Incorporation : |
22.04.1998 |
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Com. Reg. No.: |
1998/022867/23 |
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 : |
Undetermined |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
COMPANY NAME
ELMAR
AGENCIES CC
PHYSICAL ADDRESS
25 Ann
Arbor Place
DOWERGLEN
Edenvale
Gauteng
On
investigation attempts to obtain a telephone number for the subject proved
unsuccessful.
A search
instituted at CIPRO revealed the following information:
COMPANY NAME
ELMAR
AGENCIES CC
ADDRESSES ON CIPRO
PHYSICAL ADDRESS
2 Wild Pear
Avenue
DOWERGLEN
EXTENSION 3
Edenvale
Gauteng
POSTAL ADDRESS
P O Box
8227
EDLEEN
1625
MEMBERS
100% FRANK WILLIAM ELSON
ID NO : 3301285040100
Residential
address : 2 Wild Pear Avenue, Dower Glen Extension 3, Edenvale, 1610
Postal
address : P O Box 8227, Edleen, Kempton Park, 1625
DATE REGISTERED
22 April
1998
Registration
Certificate Number 1998/022867/23
MEMBERS CONTRIBUTION
R100
AUDITORS
DAVEL AND
ASSOCIATES
FINANCIAL YEAR END
FEBRUARY
A home
telephone number was obtained for F W Elson of (011) 454-0878, which constantly
diverts to a fax/modem line. The
investigator was therefore unable to contact him.
Attempts to
obtain a contact number for the auditors have also proved unsuccessful.
It would be
appreciated if our client could submit any contact details for the subject, in
order for further investigations to be instituted.
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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