MIRA
INFORM REPORT
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Report Date : |
31.05.2007 |
IDENTIFICATION DETAILS
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Name : |
JOB AUCTION BUYERS CC |
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Registered Office : |
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Country : |
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Date of Incorporation : |
28 February 2002 |
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Com. Reg. No.: |
2002/069770/23 |
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Line of Business : |
-- |
RATING & COMMENTS
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MIRA’s Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Undetermined |
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Payment Behaviour : |
-- |
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Litigation : |
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COMPANY NAME
JOB AUCTION BUYERS CC
PHYSICAL ADDRESS
FORDSBURG
TELEPHONE NUMBER: 011 442 6798
Attempts to trace the subject have proved unsuccessful.
Nevertheless, please see statutory information obtained from CIPRO below:
ADDRESSES ON CIPRO
REGISTERED ADDRESS
16 –
PAGEVIEW
POSTAL ADDRESS
16 –
PAGEVIEW
2092
MEMBERS
JAI DEV VASHIST
D.O.B. 480107
Residential Address:
Postal Address:
Date Appointed: 28 August 2002
Interest Held: 100%
DATE REGISTERED
28 February 2002
Registration Certificate Number : 2002/069770/23.
MEMBERS CONTRIBUTION
R100
AUDITORS
MOOLLA AND ASSOCIATES
Business Address:
Postal Address: As above
YEAR END
FEBRUARY
COMMENTS
Attempts to obtain a telephone number for the auditors
proved unsuccessful as they are not in the local directory. The telephone number of 011 442 6798 is not an existing telephone
number. Attempts to trace the member of
the subject proved unsuccessful as there is no land line in the telephone
directory for the member. We are not
able to establish banking details as we do not know with which branch the
subject banks.
It would be
appreciated if our client could supply us with a valid telephone number to
institute further investigations.
In view of the fact
that we are not able to contact the subject we have no basis 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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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%)