MIRA
INFORM REPORT
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Report Date : |
10.05.2007 |
IDENTIFICATION DETAILS
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Name : |
PELTEX TEXTILES CC |
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Registered Office : |
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Country : |
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Date of Incorporation : |
3 September 2004 |
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Com. Reg. No.: |
2004/090661/23 |
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Legal Form : |
Limited Liability Company |
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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 : |
-- |
note
On investigation it was established that the registered name of the subject is PELTEX TEXTILES CC trading as DESIGN SUPPLY.
Contact was made with the owner of the business who stated that he is currently on his way overseas for a couple of weeks and will not be able to assistant the investigator at present. An email has been forwarded to the owners email address and as soon as further details are available same will be forwarded to our client. Nevertheless, please see statutory information obtained from CIPRO below:
COMPANY NAME
PELTEX TEXTILES CC
ADDRESSES ON CIPRO
REGISTERED ADDRESS:
2196
POSTAL ADDRESS
CRAIGHALL
2024
MEMBERS
BRENDON MICHAEL PELLETT
ID No. 6909145131088
Residential Address: 12 Heathrow
North,
Postal Address:
Date Appointed: 3 September 2004
DATE REGISTERED
3 September 2004
Registration Certificate Number: 2004/090661/23
MEMBERS CONTRIBUTION
R100
AUDITORS
VINCENT LAUBSCHER & ASSOCIATES
Postal Address:
YEAR END
FEBRUARY
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%)