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MIRA
INFORM REPORT
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Report Date : |
25th
January, 2007 |
IDENTIFICATION
DETAILS
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Name : |
UNICHEM
SERVICES (PTY) LTD |
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Registered Office : |
8th
Floor – Standard Bank Centre ,135 Musgrave Road, Durban 4001 |
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Country : |
South
Africa |
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Date of Incorporation : |
03.09.1997 |
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Com. Reg. No.: |
1997/014779/07 |
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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 : |
Undetermined
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Payment Behaviour : |
Unknown |
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Litigation : |
-- |
COMPANY NAME
UNICHEM
SERVICES (PTY) LTD
PHYSICAL ADDRESS
Riverhorse
Valley Business Estates
27 Island
Circle
DURBAN
Kwazulu Natal
POSTAL ADDRESS
P O Box
4205
RIVERHORSE
VALLEY EAST
4017
TELEPHONE NUMBER
(031)
576-0600
FAX NUMBER
(031)
576-0620
On
investigation contact was made with the financial manager of the subject who
declined to assist with information telephonically, therefore a fax
questionnaire was forwarded.
The
following statutory information was obtained from CIPRO:
COMPANY NAME
UNICHEM
SERVICES (PTY) LTD
ADDRESSES ON CIPRO
PHYSICAL ADDRESS
8th
Floor – Standard Bank Centre
135
Musgrave Road
DURBAN
4001
POSTAL ADDRESS
P O Box
50309
MUSGRAVE
4062
DIRECTORS
SAEED AKRAM
Date of
birth : 10 December 1943
Residential
address : 86 Warwich Hardens, London W14 8PR, England
Postal
address : Suite 1, 83 Earls Court Road, Kensington,
London W8 6EF, England
SURESENA
CHETTY
ID NO : 6904245148082
Residential
address : 38 Maze Road, Glenwood, Durban, 4001
Postal
address : P O Box 2289, Mount Edgecombe, 4300
DATE REGISTERED
3 September
1997
Registration
Certificate Number 1997/014779/07
AUDITORS
AITKEN
LAMBERT ELSWORTH
FINANCIAL YEAR END
FEBRUARY
COMMENTS
As soon as
information is forthcoming, a report will be compiled and forwarded to our
client.
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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