MIRA
INFORM REPORT
|
Report Date : |
25.08.2011 |
IDENTIFICATION DETAILS
|
Name : |
P L A CLOTHING PTY LTD |
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Registered Office : |
2nd Floor West Wing Village Walk Shopping Centre Cnr Maude And Rivonia Roads Sandton 2146 |
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Country : |
South Africa |
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Date of Incorporation : |
23.03.1990 |
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Com. Reg. No.: |
1990/001679/07 |
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Legal Form : |
Private Company |
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Line of Business : |
-- |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
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 |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Assessment
On contacting the subject the Financial Manger
stated that the owner is not prepared to assist with any information unless
they specifically know who, overseas, is looking for the information.
Please advise should your client give
permission to divulge their name.
However please see our available
information below.
Company Information
|
Registered
Name |
P L A CLOTHING PTY LTD |
|
Trading
as/ Division Name |
None |
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Previous Name |
Not available |
|
Date of Name
Change |
Not available |
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Registration Number |
1990/001679/07 |
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Registration
Date |
1990-03-23 |
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Date Commenced
Trading |
Not available |
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History of
Business |
Not available |
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History of
Principals |
Not available |
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Shareholders/Members/Partners
of subject and % holding |
Not available |
|
Authorised Share
Capital |
Not available |
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Issued Share
Capital/Members Contribution |
Not available |
|
Age of Company |
21 years 5 months |
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Status |
In Business |
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Operations
Assessment |
Not available |
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Industry/
Customers |
Not available |
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Export |
Not available |
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Major Industry
Code / SICC |
Not available |
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Definition of
Code |
Not available |
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Head Office
Physical Address |
2nd Floor West Wing Village Walk Shopping Centre Cnr Maude and Rivonia Roads SANDTON 2146 |
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Head Office
Postal Address |
Postnet Suite 219 Pri Bag X9916 |
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Current Tel
Number Cell number |
011 8830580 Not available |
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Current Fax
Number |
011 8830587 |
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Current Email
Address |
Not available |
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Web Site Address |
Not available |
Auditors Information
|
Company
Registered Name |
J H SMILG AND CO |
|
Trading Name |
Not available |
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Registration
Number |
Not available |
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Physical Address |
Not available |
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Postal Address |
Not available |
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Contact Person |
Not available |
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Contact Number |
Not available |
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Email |
Not available |
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Principals |
Not available |
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Judgements
Against Subject |
Not available |
|
Judgements
Against Principals |
Not available |
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Subject Verified
as Client |
Not available |
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SAICA number |
Not available |
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VAT Number |
Not available |
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Tax Number |
Not available |
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BEE Status |
Not available |
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Financial Year
End |
Not available |
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Years With
Auditors |
Not available |
|
Website |
Not available |
Tax Information
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Vat Number |
4420120158 |
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Status |
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Vat Liable Date |
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Tax Number |
9475288842 |
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Tax Clearance
Expire Date |
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Financial Year
End |
February |
Black Economic Empowerment
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Status |
Not available |
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Score |
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Expire Date |
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BEE Certificate
Available |
Yes/No |
ISO Status
|
Type
of ISO Grade |
Not available |
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ISO
Certificate |
Yes/No |
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ISO
Certificate Available |
Yes/No |
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Certified
by anAccredited Agent |
Yes/No |
Workman’s compensation
|
Registered |
Yes/No |
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Compliance
Certified |
Yes/No |
Company Structure
|
Branches |
Not available |
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Branches Names |
Country |
Province |
|
Not available |
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Subsidiary
Company |
Not available |
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Shareholding |
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Registration
Number |
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Import / Export |
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Number of
Employees |
Not available |
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1.
Salaried
employees |
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2.
Waged
employees |
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3.
Permanent
employees |
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4.
Casual
employees |
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5.
Contracted
employees |
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Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding
Balance |
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Fleet Operations |
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The Fleet is
made up of |
Not available |
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1.
Cars |
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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 |
Not available |
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Rental Company |
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Owned by |
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Value |
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Bond |
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Bank |
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Lease Agreement |
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Lease Expire
Date |
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Type of Premises |
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Trade References
|
Supplier |
Contact |
|
Not available |
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Trade References
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Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
Not available |
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Adverse Information on Subject
|
Judgements |
None |
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Possible
Judgements |
None |
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Civil Court |
None |
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RDs |
None |
Default Data
|
Date |
Details |
|
None |
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Notarial Bonds
|
Date |
Details |
|
None |
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Deeds Information
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Property Interest |
|||
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Property Type: |
None |
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 |
Not available |
Financial Information
Financial Estimates
|
CURRENT ASSETS |
Not available |
Principals
|
Number of
Principals |
2 |
|
Average Age of
Active Principals |
61 |
Active Principals
Principal 1 of 2
|
Surname |
SONIK |
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First Names |
TESSA |
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Marital Status |
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ID Number |
6403010027001 |
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Verified ID
Number |
Yes |
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Current Age |
47 |
|
Designation |
Director |
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Status |
Active |
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Appointment Date |
1998-03-20 |
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Address
(at time of Appointment) |
6 Fifth Street ORANGE GROVE 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 |
|
TESSA
SONIK FABRIC COLLECTION |
6403010027001 |
Not Stated |
0 |
No |
Previous Business Interests
|
Average Age of Previous
Business Interests |
16.5 years |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
RED
PEPPER DESIGN CC |
1994/023959/23 |
Deregistration
Final |
0 |
No |
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21
MELROSE ROAD CC |
1995/008735/23 |
Deregistration
Final |
0 |
No |
Deeds Information
Property Interests of Principle
|
Property Interest |
|||
|
Title Deed No. |
None |
Erf/Site No. |
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Deeds Office |
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Physical Address |
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Property Type |
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Extent / Size |
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Purchase Date |
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Purchase price |
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% Ownership |
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Bond Holder |
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|
Bond Number |
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Bond Amount |
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Principal 2 of 2
|
Surname |
LEWISON |
|
First Names |
LEONARD |
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Marital Status |
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ID Number |
3601215061005 |
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Verified ID
Number |
Yes |
|
Current Age |
75 |
|
Designation |
Director |
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Status |
Active |
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Appointment Date |
1998-03-20 |
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Address
(at time of Appointment) |
38 Main Road ROUXVILLE Johannesburg 2192 |
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 |
|
LA
ROSA GEBOU LTD |
1962/002953/06 |
In Business |
0 |
No |
|
COROBAY
PROPERTIES (PTY) LTD |
1963/000548/07 |
In Business |
0 |
No |
|
NORTHWOLD
EXT 38 (PTY) LTD |
1968/010014/07 |
Deregistration
Process |
0 |
No |
|
SWANY-
LEW PROPERTIES (PTY) LTD |
1978/001578/07 |
Deregistration
Process |
0 |
No |
|
FLUTTERBY
(PTY) LTD |
1984/009009/07 |
Deregistration
Process |
0 |
No |
|
VAL
BARSDORF (PTY) LTD |
1981/011240/07 |
Deregistration
Process |
00 |
|
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BOSHOLD
LTD |
1989/004194/06 |
In Business |
0 |
No |
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JEFFERSON
PROPERTY INVESTMENTS (PTY) LTD |
1991/00092927 |
In Business |
0 |
No |
|
MARKET
STREET NOMINEES NINE (PTY) LTD |
1991/001770/07 |
In Business |
0 |
No |
|
AMEN
CORNER CC |
1991/013394/23 |
In Business |
0 |
No |
|
STAND
1354 BEREA (PTY) LTD |
1993/007724/07 |
|
0 |
No |
|
ERVEN
494 AND 495 BEREA CC |
1993/013090/23 |
3/013090/07 |
0 |
No |
|
JILLS
CORNER |
3601215061005 |
Not on Recotd |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
21.7 years |
|
Company
Name |
Registration No |
Status |
Judgements |
Liquidation |
|
FREE
STATE FABRICS (PTY) LTD |
1953/001195/07 |
Deregistration
Final |
0 |
No |
|
KOCO
(PTY) LTD |
1978/003517/07 |
Deregistration
Final |
0 |
No |
|
CORPORATE
KIT CC |
1986/.019911/23 |
In Liquidation |
0 |
Yes |
|
ESS
ESS GEE INVESTMNETS CC |
1988/032997/23 |
In Business |
0 |
No |
|
J
H ISAACS COMPANY NINE (PTY) LTD |
1991/000050/07 |
In Business |
0 |
No |
|
STAND
1383 BEREA LTD |
1991/001438/06 |
Deregistration
Final |
0 |
No |
|
STAND
2257 JOHANNESBURG (PTY) LTD |
1992/000831/07 |
Deregistration
Process |
0 |
No |
|
ROTATRADE
25 (PTY) LTD |
1993/005454/007 |
Deregistration
Final |
0 |
No |
|
MINSTONE
TRADING (PTY) LTD |
1994/007565/07 |
Deregistration
Process |
0 |
No |
|
WAVERLEY
CENTENARY (PTY) LTD |
1995/005347/07 |
Deregistration Final |
7 |
No |
|
ARBAT
TRADING (PTY) LTD |
1998/010143/07 |
Dissolved |
0 |
No |
Deeds Information
Property Interests of Principle
|
Property Interest |
|||
|
Title Deed No. |
None |
Erf/Site No. |
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Deeds Office |
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Physical Address |
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Property Type |
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Extent / Size |
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Purchase Date |
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Purchase price |
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% Ownership |
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Bond Holder |
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Bond Number |
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Bond Amount |
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.77 |
|
|
1 |
Rs.75.57 |
|
Euro |
1 |
Rs.65.97 |
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.