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MIRA
INFORM REPORT
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Report Date : |
25.10.2008 |
IDENTIFICATION DETAILS
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Name : |
JACOBS DECOR (PTY) LTD |
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Registered Office : |
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Country : |
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Date of Incorporation : |
28.09. 2006 |
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Com. Reg. No.: |
2006/030379/07 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
-- |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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. |
Small |
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Status : |
Small Concern |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
COMPANY NAME
L JACOBS AND E JACOBS
POSTAL ADDRESS
2022
TELEPHONE NUMBER: 011 622 6686/7
On investigation
a search instituted at CIPRO revealed no record of a company registered as L
JACOBS and E JACOBS, however, there is a company named JACOBS DECOR (PTY)
LTD. Contact was made with a respondent
of JACOBS DECOR (PTY) LTD, whose postal address is the same
as that provided by our client.
The respondent declined to assist with any information.
Nevertheless, please
see statutory information obtained from CIPRO below:
COMPANY NAME
JACOBS DECOR (PTY) LTD
ADDRESSES ON CIPRO
REGISTERED ADDRESS:
Malvern
POSTAL ADDRESS: As above
DIRECTORS
EVA JACOBS
ID No. 2612070031083
Residential Address: 12 Akgerbib Riadm Birwiidm 2192
Postal Address:
Date Appointed: 28 September 2006
RICKEY JACOBS
ID No. 790327096087
Residential Address:
Postal Address:
Date Appointed: 11 February 2008
DATE REGISTERED
28 September 2006
Registration Certificate Number: 2006/030379/07
AUDITORS
MALHERBE LOURENS
Business Address:
Postal Address:
YEAR END
FEBRUARY
COMMENTS
In view of the lack of information we are unable to recommend credit dealings to an extent of $1 000 000 over DA terms. Should our client wish to divulge the identity of the enquirer further investigations will be instituted.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.95 |
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1 |
Rs.79.56 |
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Euro |
1 |
Rs.63.65 |
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. |
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%)