MIRA INFORM REPORT
|
Report Date : |
06.08.2011 |
IDENTIFICATION DETAILS
|
Name : |
ORE AND METAL COMPANY LTD |
|
|
|
|
Registered Office : |
Assore House, 15 Fricker Road, Illovo Boulevard, Illovo |
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|
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|
Country : |
South Africa |
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Date of Incorporation : |
15.05.1930 |
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Com. Reg. No.: |
1930/002363/06 |
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Legal Form : |
Limited Company |
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|
|
|
Line of Business : |
Wholesale trade in metal
and metal ore |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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|
|
|
Payment
Behaviour : |
Unknown |
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|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
South Africa |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Assessment:
This is an established and well connected
company.
The financial manager declined to assist with
detailed information and would only confirm the information you see below.
The holding company is listed on the JSE and
we have attached group consolidated figures.
It is suggested dealings with the subject be
secured.
Company Information
|
Registered
Name |
ORE AND METAL COMPANY LTD |
|
Trading
as/ Division Name |
None |
|
Previous Name |
None |
|
Date of Name
Change |
N/A |
|
Registration
Number |
1930/002363/06 |
|
Registration
Date |
1930-05-15 |
|
Date Commenced
Trading |
In the 1930’s |
|
Shareholders of
subject and % holding |
100% ASSORE LTD listed on the JSE |
|
Authorised Share
Capital |
R nominal |
|
Issued Share
Capital |
R nominal |
|
Age of Company |
81 years 3 months |
|
Status |
In Business |
|
Operations
Assessment |
Marketing and sales for group companies. |
|
Industry/
Customers |
Mining industry |
|
Major Industry
Code / SICC |
61420 Wholesale Retail |
|
Definition of
Code |
Wholesale trade in metal and metal ore. |
|
Head Office Physical
Address |
Assore House 15 Fricker Road Illovo Boulevard ILLOVO |
|
Head Office
Postal Address |
Private Bag X03 NORTHLANDS 2116 |
|
Current Tel
Number |
011 7706800 |
|
Current Fax
Number |
011 2606440 |
|
Current Email
Address |
|
|
Web Site Address |
None |
Auditors Information
|
Company
Registered Name |
ERNST AND YOUNG INC |
|
Trading Name |
None |
|
Registration
Number |
2005/002308/21 |
|
Physical Address |
Wanderers Office Park 52 Corlett Drive ILLOVO Gauteng |
|
Postal Address |
PO Box 2322 JOHANNESBURG 2000 |
|
Contact Person |
Unknown |
|
Contact Number |
011 7723000 |
|
Principals |
25 Principals |
|
Judgements Against
Subject |
None |
|
Judgements
Against Principals |
None |
|
VAT Number |
4280230949 |
|
Financial Year
End |
June |
|
Years With
Auditors |
Many |
|
Website |
www.ey.com |
Previous Auditors
|
Company Name/ Tel |
Time With Previous Auditors |
|
None |
|
Tax Information
|
Vat Number |
Declined |
|
Status |
Active |
|
Tax Number |
9575087714 |
|
Financial Year
End |
June |
Black Economic
Empowerment
|
Status |
Declined |
|
Score |
|
|
Expire Date |
|
|
BEE Certificate
Available |
Yes/No |
ISO Status
|
Type of ISO
Grade |
Declined |
|
ISO Certificate |
Ye |
|
ISO Certificate
Available |
Yes/No |
|
Certified by
anAccredited Agent |
Yes/No |
Workman’s
compensation
|
Registered |
Declined |
|
Compliance
Certified |
Yes/No |
Company Structure
|
Branches |
Declined |
|
Branches Names |
Country |
Province |
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|
|
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|
Subsidiary
Company |
Declined |
|
Shareholding |
|
|
Registration
Number |
|
|
Import / Export |
|
|
Number of
Employees |
Declined |
|
1.
Salaried
employees |
|
|
2.
Waged
employees |
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|
3.
Permanent
employees |
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|
4.
Casual
employees |
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|
5.
Contracted
employees |
|
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding
Balance |
|
Fleet Operations |
|
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|
|
The Fleet is
made up of |
Declined |
|
|
|
|
1.
Cars |
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|
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|
2.
Light
Delivery Vehicles |
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3.
Trailers |
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4.
Busses |
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5.
Trucks |
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6.
Fork
Lifts |
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7.
Other |
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Head
OfficeOwned/ Rented |
Declined |
|
Rental Company |
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|
Owned by |
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|
Value |
|
|
Bond |
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|
Bank |
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|
Lease Agreement |
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|
Lease Expire
Date |
|
|
Type of Premises |
|
Trade References
|
Supplier |
Contact |
|
Declined |
|
Trade References
|
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
Declined |
|
|
|
|
|
|
Adverse
Information on Subject
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil Court |
None |
|
RDs |
None |
Default Data
|
Date |
Details |
|
None |
|
Notarial Bonds
|
Date |
Details |
|
None |
|
Deeds Information
|
Property Interest |
|||
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Property Type: |
None on record |
Stand Number: |
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Street Number: |
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Street Name: |
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Municipal Suburb: |
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Municipal City: |
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Township Name: |
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Province: |
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Deeds Office: |
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Transfer ID: |
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Title Deed Number: |
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Purchase Date: |
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Transfer Date: |
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Erf Size: |
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Sold Price: |
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Bank Information
|
Bank |
Declined |
|
Branch |
|
|
Bank Account
Number |
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|
Type of Account |
|
|
Branch Code |
|
|
Account Name |
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|
Overdraft
Facilities |
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|
Date Opened |
|
|
Bank Code |
|
|
Bank Comment |
|
Financial
Information
Financial
Estimates
|
CURRENT ASSETS |
Declined however see group consolidated figures attached. |
|
Stock |
|
|
Debtors |
|
|
Cash on Hand |
|
|
FIXED ASSETS |
|
|
Plant,
Equipment, Vehicles |
|
|
Property |
|
|
CURRENT
LIABILITIES |
|
|
Creditors |
|
|
Loans/ From? |
|
|
LONG TERM LIABILITIES |
|
|
Morgage Bonds |
|
|
ANNUAL / MONTHLY
Turnover |
|
|
Previous Year
Turnover |
|
|
Estimated
Current Year Turnover |
|
Principals
|
Number of
Principals |
12 |
|
Average Age of
Active Principals |
51 |
Active Principals
Principal 1 of 12
|
Surname |
CLASSEN |
|
First Names |
CARINA |
|
ID Number |
7805260015081 |
|
Verified ID
Number |
Yes |
|
Current Age |
33 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2010-09-01 |
|
Address (at time of
Appointment) |
27 Sharalumbi 340 Maun Avenue FERNDALE 2195 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information on
Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
None |
|
|
|
|
Previous Business
Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
None |
|
|
|
|
Deeds Information
Property Interests of
Principle
|
Property Interest |
|||
|
Title Deed No. |
ST41643/2008 |
Erf/Site No. |
797,0 |
|
Deeds Office |
PERTORIA |
Physical Address |
338 MAIN FERNDALE RANDBURG |
|
Property Type |
Sectional Title/ Unit |
Extent / Size |
53.0SQM |
|
Purchase Date |
2007-07-17 |
Purchase price |
460000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
STANDARD BANK OF SOUTH AFRICA LTD |
|
Bond Number |
SB436112008 |
Bond Amount |
483000.0000 |
Principal 2 of 12
|
Surname |
DAVIES |
|
First Names |
ROSS |
|
ID Number |
7004215257085 |
|
Verified ID
Number |
Yes |
|
Current Age |
41 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2009-10-23 |
|
Address (at time of
Appointment) |
52 Glendower Avenue DOWERGLEN 1609 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
AFRICAN MINING
AND TRUST COMPANY LTD |
1931/003633/06 |
In Business |
0 |
No |
|
WONDERSTONE LTD |
1935/006371/06 |
In Business |
0 |
No |
|
ZEERUST CHROME
MINES LTD |
1962/001355/06 |
In Business |
0 |
No |
|
RUSTENBURG
MINERALS DEVELOPMENT COMPANY (PTY) LTD |
1968/002462/07 |
In Business |
0 |
No |
|
XERTECH (PTY)
LTD |
2001/006462/07 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
14 years |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
RICHGROVE UNIT
79 INVESTMENTS CC |
1996/052654/23 |
Deregistration
Process |
0 |
No |
|
RICHGROVE UNIT
42 INVESTMENTS CC |
1996/052692/23 |
Deregistration
Process |
0 |
No |
Deeds Information
Property Interests
of Principle
|
Property Interest |
|||
|
Title Deed No. |
ST37395/2003 |
Erf/Site No. |
3119,0 |
|
Deeds Office |
PRETORIA |
Physical Address |
15 BANTRY BRYANSTON SANDTON |
|
Property Type |
Sectional Title/ Unit |
Extent / Size |
97.0SQM |
|
Purchase Date |
2003-01-13 |
Purchase price |
548545.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
NEDBANKLTD |
|
Bond Number |
SB247602003 |
Bond Amount |
538545.0000 |
|
Property Interest |
|||
|
Title Deed No. |
T50272/2000 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
52 GLENDOWER DOWERGLEN SANDTON |
|
Property Type |
Freehold /Ervin |
Extent / Size |
991.0SQM |
|
Purchase Date |
2000-06-26 |
Purchase price |
425000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
NEDCOR BANKLTD |
|
Bond Number |
B296202000 |
Bond Amount |
382500.0000 |
Principal 3 of 12
|
Surname |
ELS |
|
First Names |
CONRAD |
|
ID Number |
7209095209086 |
|
Verified ID Number |
Yes |
|
Current Age |
39 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2007-07-01 |
|
Address (at time of
Appointment) |
49 Village Drive Village View CENTURION 0046 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
TIGRUS PROPERTY
MANAGEMENT CC |
2004/020278/23 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
14 years |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
UNIWORKS CONSTRUCTION
CC |
2006/018028/23 |
In Business |
0 |
No |
Deeds Information
Property Interests of
Principle
|
Property Interest |
|||
|
Title Deed No. |
T114876/2001 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
49 VILLAGE IRENE CENTURION |
|
Property Type |
Freehold/Ervin |
Extent / Size |
701.0SQM |
|
Purchase Date |
2001-05-22 |
Purchase price |
212000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
SAAMBOU BANK LTD |
|
Bond Number |
B764842001 |
Bond Amount |
212000.0000 |
Principal 4 of 12
|
Surname |
PATRICK |
|
First Names |
SACCO |
|
ID Number |
7802275235085 |
|
Verified ID
Number |
Yes |
|
Current Age |
33 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2007-07-01 |
|
Address (at time
of Appointment) |
UNIT 9, 10 Mellville Mellville Road ILLOVO 2196 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
AFRICAN MINING
AND TRUST COMPANY LTD |
1931/003633/06 |
In Business |
0 |
No |
|
WONDERSTONE LTD |
1935/006371/06 |
In Business |
0 |
No |
|
ASSMANG LTD |
1935/007343/06 |
In Business |
0 |
No |
|
ASSORE LTD |
1950/037394/06 |
In Business |
0 |
No |
|
ZEERUST CHROME
MINES LTD |
1962/001355/06 |
In Business |
0 |
No |
|
ORESTEEL
INVESTMENTS (PTY) LTD |
1975/003008/07 |
In Business |
0 |
No |
|
XERTECH (PTY)
LTD |
2001/006462/07 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
None |
|
|
|
|
Deeds Information
Property Interests
of Principle
|
Property Interest |
|||
|
Title Deed No. |
T81129/2009 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
HYDE PARK SANDTON |
|
Property Type |
Freehold/Ervin |
Extent / Size |
424.0SQM |
|
Purchase Date |
2009-10-10 |
Purchase price |
4600000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
0.0000 |
Principal 5 of 12
|
Surname |
VAN ASWEGEN |
|
First Names |
BASTIAAN |
|
ID Number |
6012025012088 |
|
Verified ID
Number |
Yes |
|
Current Age |
51 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2004-07-01 |
|
Address (at time of
Appointment) |
118 Centurion Drive CENTURION 0157 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
AFRICAN MINING
AND TRUST COMPANY LTD |
1931/003633/06 |
In Business |
0 |
No |
|
ASSMANG LTD |
1935/007343/06 |
In Business |
0 |
No |
|
ZEERUST CHROME
MINES LTD |
1962/001355/06 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
MIDNIGHT STORM
INVESTMENST 19 (PTY) LTD |
2003/024697/07 |
In Business |
0 |
No |
|
MIDNIGHT STORM
INVESTMENTS 36 (PTY) LTD |
2003/025889/07 |
Deregistration
Process |
0 |
No |
Deeds Information
Property Interests
of Principle
|
Property Interest |
|||
|
Title Deed No. |
T9930/1999 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
118 CENTURION EAST CENTURION GOLF ESTATE CENTURION |
|
Property Type |
Freehold/Ervin |
Extent / Size |
706.0SQM |
|
Purchase Date |
1998-11-11 |
Purchase price |
210000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
ABSA BANK LTD |
|
Bond Number |
B54851999 |
Bond Amount |
650000.0000 |
Principal 6 of 12
|
Surname |
VENTER |
|
First Names |
JACOB |
|
ID Number |
7101275041084 |
|
Verified ID
Number |
Yes |
|
Current Age |
40 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2004-07-01 |
|
Address (at time of
Appointment) |
6 Bailey Street MIDSTREAM ESTATE 1692 |
Adverse Information
on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
ASSMANG LTD |
1935/007343/06 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
None |
|
|
|
|
Deeds Information
Property Interests
of Principle
|
Property Interest |
|||
|
Title Deed No. |
T85400/2007 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
6 BAILEY MIDSTREAM ESTATE OLIFANTSFONTEIN |
|
Property Type |
Freehold/Ervin |
Extent / Size |
1050.0SQM |
|
Purchase Date |
2007-01-26 |
Purchase price |
2800000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
NEDBANK LTD |
|
Bond Number |
B1052312007 |
Bond Amount |
1650000.0000 |
|
Property Interest |
|||
|
Title Deed No. |
T23136/1997 |
Erf/Site No. |
|
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
23 MACKILLICAN PIONEER PARK NEWCASTLE |
|
Property Type |
Freehold/Ervin |
Extent / Size |
1533.0SQM |
|
Purchase Date |
1997-06-28 |
Purchase price |
153000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
NEDBANK LTD |
|
Bond Number |
B225261997 |
Bond Amount |
165000.0000 |
Principal 7 of 12
|
Surname |
CARPENTER |
|
First Names |
ROBERT |
|
ID Number |
4304225028085 |
|
Verified ID
Number |
Yes |
|
Current Age |
68 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2001-06-15 |
|
Address (at time of
Appointment) |
13 Beatrice Avenue NORTHCLIFF EXT22 2115 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
ASSMANG LTD |
1935/007343/06 |
In Business |
0 |
No |
|
AFRICAN MINING
AND TRUST COMPANY LTD |
1931/003633/06 |
In Business |
0 |
No |
|
WONDERSTONE 1937
LTD |
1937/009964/06 |
In Business |
0 |
No |
|
ASSORE LTD |
1950/037394/06 |
In Business |
0 |
No |
|
GENERAL NOMINEES
(PTY) LTD |
1951/002960/07 |
In Business |
0 |
No |
|
FERALLOYS LTD |
1957/000311/06 |
Deregistration
Final |
0 |
No |
|
ZEERUST CHROME
MINES LTD |
1962/001355/06 |
In Business |
0 |
No |
|
ORESTEEL
INVESTMENTS (PTY) LTD |
1975/003008/07 |
In Business |
0 |
No |
|
A M T
INVESTMENTS (PTY) LTD |
1976/000849/07 |
In Business |
0 |
No |
|
MINERALS
HOLDINGS (PTY) LTD |
1999/006521/07 |
In Business |
0 |
No |
|
XERTECH (PTY)
LTD |
2001/006462/07 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
44 years |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
WONDERSTONE LTD |
1935/006371/06 |
In Business |
0 |
No |
|
RUSTENBURG
MINERALS DEVELOPMENT COMPANY (PTY) LTD |
1968/002462/07 |
In Business |
0 |
No |
|
CATO RIDGE ALLOYS
(PTY) LTD |
1997/000755/07 |
In Business |
0 |
No |
Deeds Information
Property Interests
of Principle
|
Property Interest |
|||
|
Title Deed No. |
None on record |
Erf/Site No. |
|
|
Deeds Office |
|
Physical Address |
|
|
Property Type |
|
Extent / Size |
|
|
Purchase Date |
|
Purchase price |
|
|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
Principal 8 of 12
|
Surname |
MCADAM |
|
First Names |
ALISTAIR |
|
ID Number |
6008305270107 |
|
Verified ID
Number |
Yes |
|
Current Age |
51 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2001-01-01 |
|
Address (at time of
Appointment) |
15 Byzance Avenue Waterford Estate FOURWAYS 2055 |
Adverse
Information on Principal
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
ASSMANG LTD |
1935/007343/06 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
15 years |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
WATERFORD ESTATE
HOMEOWNERS ASSOCIATION |
1996/005224/08 |
In Business |
0 |
No |
Deeds Information
Property Interests
of Principle
|
Property Interest |
|||
|
Title Deed No. |
None on record |
Erf/Site No. |
|
|
Deeds Office |
|
Physical Address |
|
|
Property Type |
|
Extent / Size |
|
|
Purchase Date |
|
Purchase price |
|
|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
Principal 9 of 12
|
Surname |
STALKER |
|
First Names |
ALASTAIR |
|
ID Number |
5008105024101 |
|
Verified ID
Number |
Yes |
|
Current Age |
61 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1998-03-16 |
|
Address (at time
of Appointment) |
9 Lenie Street DISCOVERY 1710 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
ASSMANG LTD |
1935/007343/06 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
None |
|
|
|
|
Deeds Information
Property Interests of Principle
|
Property Interest |
|||
|
Title Deed No. |
None on record |
Erf/Site No. |
|
|
Deeds Office |
|
Physical Address |
|
|
Property Type |
|
Extent / Size |
|
|
Purchase Date |
|
Purchase price |
|
|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
Principal 10 of 12
|
Surname |
CROUS |
|
First Names |
PHILLIP |
|
ID Number |
5012075107086 |
|
Verified ID
Number |
Yes |
|
Current Age |
61 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1993-01-01 |
|
Address (at time of
Appointment) |
2 Thornfield Hall 70 Sixth Avenue Cnr Forest Road, INANDA 2000 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
ASSMANG LTD |
1935/007343/06 |
In Business |
0 |
No |
|
AFRICAN MINING
AND TRUST COMPANY LTD |
1931/003633/06 |
In Business |
0 |
No |
|
WONDERSTONE 1937
LTD |
1937/009964/06 |
In Business |
0 |
No |
|
ASSORE LTD |
1950/037394/06 |
In Business |
0 |
No |
|
FERALLOYS LTD |
1957/000311/06 |
Deregistration
Final |
0 |
No |
|
ZEERUST CHROME
MINES LTD |
1962/001355/06 |
In Business |
0 |
No |
|
RUSTENBURG MINERALS
DEVELOPMENT COMPANY (PTY) LTD |
1968/002462/07 |
In Business |
0 |
No |
|
CATO RIDGE
ALLOYS (PTY) LTD |
1997/000755/07 |
In Business |
0 |
No |
|
CERAMOX (PTY)
LTD |
2000/027163/07 |
In Business |
0 |
No |
|
XERTECH (PTY)
LTD |
2001/006462/07 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
None |
|
|
|
|
Deeds Information
Property Interests
of Principle
|
Property Interest |
|||
|
Title Deed No. |
T145545/2007 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
|
|
Property Type |
Freehold/Ervin |
Extent / Size |
950.0SQM |
|
Purchase Date |
2007-09-12 |
Purchase price |
2185000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
0.0000 |
Principal 11 of 12
|
Surname |
CORY |
|
First Names |
CHRISTOPHER |
|
ID Number |
5202135045083 |
|
Verified ID
Number |
Yes |
|
Current Age |
59 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1992-05-04 |
|
Address (at time of
Appointment) |
51 Smits Road DUNKELD 2196 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
ASSMANG LTD |
1935/007343/06 |
In Business |
0 |
No |
|
AFRICAN MINING AND
TRUST COMPANY LTD |
1931/003633/06 |
In Business |
0 |
No |
|
WONDERSTONE LTD |
1935/006371/06 |
In Business |
0 |
No |
|
ASSOCIATED
ASBESTOS LTD |
1938/011745/06 |
Deregistration
Final |
0 |
No |
|
ASSORE LTD |
1950/037394/06 |
In Business |
0 |
No |
|
CATO RIDGE
DEVELOPMENT COMPANY (PTY) LTD |
1956/002268/06 |
In Business |
0 |
No |
|
GENERAL NOMINEES
(PTY) LTD |
1951/002960/07 |
In Business |
0 |
No |
|
FERALLOYS LTD |
1957/000311/06 |
Deregistration
Final |
0 |
No |
|
ZEERUST CHROME
MINES LTD |
1962/001355/06 |
In Business |
0 |
No |
|
RUSTENBURG
MINERALS DEVELOPMENT COMPANY (PTY) LTD |
1968/002462/07 |
In Business |
0 |
No |
|
ORESTEEL
INVESTMENTS (PTY) LTD |
1975/003008/07 |
In Business |
0 |
No |
|
CHROAM (PTY) LTD |
1994/009089/07 |
Deregistration
Final |
0 |
No |
|
MINERAIS
HOLDINGS (PTY) LTD |
1999/006521/07 |
In Business |
0 |
No |
|
ERVEN 40 AND 41
ILLOVO (PTY) LTD |
1999/025517/07 |
In Business |
0 |
No |
|
CERAMOX (PTY)
LTD |
2000/027163/07 |
In Business |
0 |
No |
|
ERVEN 27 AND 28
ILLOVO (PTY) LTD |
2001/000388/07 |
In Business |
|
|
|
XERTECH (PTY)
LTD |
2001/006462/07 |
In Business |
0 |
No |
|
ERF 1263
PARKVIEW EXTENSION 1 (PTY) LTD |
2005/024880/07 |
In Business |
0 |
No |
|
MAIN STREET 350
(PTY) LTD |
2005/026562/07 |
In Business |
0 |
No |
|
MAIN STREET 460
(PTY) LTD |
2006/021404/07 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
35 years |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
A
M T INVESTMENTS (PTY) LTD |
1976/000849/07 |
In Business |
0 |
No |
Deeds Information
Property Interests
of Principle
|
Property Interest |
|||
|
Title Deed No. |
T70145/2004 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
MOSSELBANK PATERNOSTER |
|
Property Type |
Freehold/Ervin |
Extent / Size |
302.0SQM |
|
Purchase Date |
2004-02-02 |
Purchase price |
549000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
STANDARD BANK OF SOUTH AFRICA |
|
Bond Number |
B559682004 |
Bond Amount |
549000.0000 |
|
Property Interest |
|||
|
Title Deed No. |
T75226/2008 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
WEST COAST PENINSULA |
|
Property Type |
Freehold/Ervin |
Extent / Size |
541.0SQM |
|
Purchase Date |
2007-12-24 |
Purchase price |
3300000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
0.0000 |
|
Property Interest |
|||
|
Title Deed No. |
ST3326/2009 |
Erf/Site No. |
3275 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
16 HIGGO GARDENS CAPE TOWN |
|
Property Type |
Sectional Title/ Unit |
Extent / Size |
86.0SQM |
|
Purchase Date |
2009-01-08 |
Purchase price |
2150000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
I -144672000LG |
Bond Amount |
0.0000 |
Principal 12 of 12
|
Surname |
SACCO |
|
First Names |
DESMOND |
|
ID Number |
4009225057089 |
|
Verified ID
Number |
Yes |
|
Current Age |
71 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1976-03-22 |
|
Address (at time
of Appointment) |
120 9th Road HYDE PARK 2196 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
ASSMANG LTD |
1935/007343/06 |
In Business |
0 |
No |
|
AFRICAN MINING
AND TRUST COMPANY LTD |
1931/003633/06 |
In Business |
0 |
No |
|
WONDERSTONE
1937 LTD |
1937/009964/06 |
In Business |
0 |
No |
|
ASSOCIATED
ASBESTOS LTD |
1938/011745/06 |
Deregistration
Final |
0 |
No |
|
ASSORE LTD |
1950/037394/06 |
In Business |
0 |
No |
|
SOUTH AFRICAN
CORUNDUM COMPANY LTD |
1940/014161/06 |
Deregistration
Final |
0 |
No |
|
FERALLOYS LTD |
1957/000311/06 |
Deregistration
Final |
0 |
No |
|
ZEERUST CHROME
MINES LTD |
1962/001355/06 |
In Business |
0 |
No |
|
THE G AND P
SACCO FOUNDATION |
1986/003882/08 |
In Business |
0 |
No |
|
ORESTEEL
INVESTMENTS (PTY) LTD |
1975/003008/07 |
In Business |
0 |
No |
|
WILLOWBROOK
RETIREMENT VILLAGE |
1998/002377/08 |
In Business |
0 |
No |
|
MINERAIS
HOLDINGS (PTY) LTD |
1999/006521/07 |
In Business |
0 |
No |
|
ERVEN 40 AND 41 ILLOVO
(PTY) LTD |
1999/025517/07 |
In Business |
0 |
No |
|
CERAMOX (PTY)
LTD |
2000/027163/07 |
In Business |
0 |
No |
|
ERVEN 27 AND 28
ILLOVO (PTY) LTD |
2001/000388/07 |
In Business |
|
|
|
XERTECH (PTY)
LTD |
2001/006462/07 |
In Business |
0 |
No |
|
ERF 1263
PARKVIEW EXTENSION 1 (PTY) LTD |
2005/024880/07 |
In Business |
0 |
No |
|
MAIN STREET 350
(PTY) LTD |
2005/026562/07 |
In Business |
0 |
No |
|
MAIN STREET 460
(PTY) LTD |
2006/021404/07 |
In Business |
0 |
No |
|
THE SACCO
COMMUNITY CENTRE |
2009/013212/08 |
In Business |
0 |
No |
|
D SACCO
ASHMOLEDALES |
4009225057006 |
|
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
49 years |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
A M T
INVESTMENTS (PTY) LTD |
1976/000849/07 |
In Business |
0 |
No |
|
WONDERSTONE LTD |
1935/006371/06 |
In Business |
0 |
No |
|
RUSTENBURG
MINERALS DEVELOPMENT COMPANY (PTY) LTD |
1968/002462/07 |
In Business |
0 |
No |
Deeds Information
Property Interests
of Principle
|
Property Interest |
|||
|
Title Deed No. |
T11286/2010 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
82 9TH HYDE PARK SANDTON |
|
Property Type |
Freehold/Ervin |
Extent / Size |
4594.0SQM |
|
Purchase Date |
2009-09-25 |
Purchase price |
42500000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
0.0000 |
|
Property Interest |
|||
|
Title Deed No. |
T11286/2010 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
40 KILLARNEY HYDE PARK SANDTON |
|
Property Type |
Freehold/Ervin |
Extent / Size |
3964.0SQM |
|
Purchase Date |
2009-09-25 |
Purchase price |
42500000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
0.0000 |
|
Property Interest |
|||
|
Title Deed No. |
T11286/2010 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
128 9th HYDE PARK SANDTON |
|
Property Type |
Sectional Title/ Unit |
Extent / Size |
5329.0SQM |
|
Purchase Date |
2009-09-25 |
Purchase price |
4250000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
0.0000 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.80 |
|
UK Pound |
1 |
Rs.72.86 |
|
Euro |
1 |
Rs.63.11 |
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 |
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 |
|
---- |
NB |
New Business |
---- |
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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.