MIRA
INFORM REPORT
|
Report Date : |
05.09.2007 |
IDENTIFICATION DETAILS
|
Name : |
COUNTY TRADING CC |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
9 November 2001 |
|
|
|
|
Com. Reg. No.: |
2001/076840/23 |
|
|
|
|
Legal Form : |
Limited Liability Company |
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 |
COMPANY NAME
COUNTY TRADING CC
PHYSICAL ADDRESS
Kwa-Zulu
TELEPHONE NUMBER: 031 207 5485
FAX NUMBER: 031 579 1984
On investigation
attempts made to contact respondents at the subject have proved unsuccessful.
The telephone number constantly reverts to an answering machine where a number
of messages have been left for respondents to contact the Investigator and to
date, still no reply. Please, however, see CIPRO details which read as
follows:-
COMPANY NAME
COUNTY TRADING CC
ADDRESSES ON CIPRO
REGISTERED ADDRESS
4001
POSTAL ADDRESS
4000
MEMBERS
GURPREET SINGH
DOB: 14 April 1974
Residential Address:
Flat Number 12, 275 North Point,
Postal Address: Flat Number 12, 275 North Point,
Date Appointed: 9 November 2001
Interest Held: 100%
DATE REGISTERED
9 November 2001
Registration Certificate Number: 2001/076840/23.
MEMBERS CONTRIBUTION
R100
AUDITORS
S D SINGH AND ASSOCIATES
Postal Address:
YEAR END
FEBRUARY
COMMENTS
Should our Client wish to assist with any other contact information for the subject, please advise soonest.
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. |
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%)