MIRA INFORM REPORT

 

 

Report Date :

25.07.2007

 

IDENTIFICATION DETAILS

 

Name :

CASTLE ROCK TRADING (PTY) LTD

 

 

Registered Office :

215 North Ridge Road, Morningside, Durban, Kwa-Zulu Natal

 

 

Country :

South Africa

 

 

Date of Incorporation :

29.12.1998

 

 

Com. Reg. No.:

1998/025747/07

 

 

Legal Form :

Private Limited

 

 

Line of Business :

--

 

 

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 :

--

 

 

Litigation :

--

 

 


COMPANY NAME

 

CASTLE ROCK TRADING (PTY) LTD

 

 

PHYSICAL ADDRESS

 

18 Buro Crescent

Mayville

Durban

Kwa-Zulu Natal

 

On investigation numerous attempts have been made to establish a telephone number for the subject which proved unsuccessful. Contact was made with the subject’s auditors who have no record of the subject. It is suggested our client provide a contact number so that further investigation can be instituted.

 

Nevertheless, please see statutory information obtained from CIPRO below:

 

 

COMPANY NAME

 

CASTLE ROCK TRADING (PTY) LTD

 

 

ADDRESSES ON CIPRO

 

REGISTERED ADDRESS

 

215 North Ridge Road

Morningside

DURBAN

Kwa-Zulu Natal

 

POSTAL ADDRESS

 

P O Box 701282

OVERPORT

4067

 

 

DIRECTORS

 

ERNESTINA ADELAIDE BATISTA FERNANDES BOOYSE

ID No.                           : 6406241461810

Residential Address       : 8 Hampton Court, Umhlanga Rocks, 4320

Postal Address              : Private Bag X01, Umhlanga Rocks, 4320

Date Appointed              : 23 March 2001

 

 


DATE REGISTERED

 

29 December 1998

Registration Certificate Number: 1998/025747/07

 

 

AUDITORS

 

M DANEMAN

Business Address          : 63 -5th Street, Springs

Postal Address              : P O Box 591, Springs 1560

 

 

YEAR END

 

FEBRUARY

 

           

 


 

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/normal.

 

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