%20LTD%20-%20160821%202%2005-Dec-2011_files/image002.jpg){kind=small}
MIRA INFORM REPORT
|
Report Date : |
05.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
NUTRI PHARMA SOLUTIONS (PTY) LTD |
|
|
|
|
Registered Office : |
8 Bell Crescent Westlake Business Park Tokai Western Cape |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
13.07.2009 |
|
|
|
|
Com. Reg. No.: |
M2009/013505/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Import and distribution of natural
medicines. |
|
|
|
|
No. of Employees : |
42 |
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 |
|
Payment Behaviour : |
Unknown |
|
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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
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 company.
The subject is not a general credit seeker
locally.
A bank code could not reveal any information
as the financial position is unknown.
We therefore cannot speak to your figure.
It is suggested that dealings be fully
secured.
Company Information
|
Registered
Name |
NUTRI PHARMA SOLUTIONS (PTY) LTD |
|
Trading
as/ Division Name |
None |
|
Previous Name |
None |
|
Date of Name
Change |
N/A |
|
Registration
Number |
M2009/013505/07 |
|
Registration
Date |
2009-07-13 |
|
Date Commenced
Trading |
July 2011 |
|
History of
Business |
The subject began trading when it took over the operationsof a
previous business namely INTAKA NUTRI (PTY) LTD. |
|
Shareholders of
subject and % holding |
100% THE SAVOI FAMILY TRUST |
|
Age of Company |
2 years 4 months |
|
Status |
In Business |
|
Operations
Assessment |
Import and distribution of natural
medicines. |
|
Industry/
Customers |
Retailers, wholesalers, medical sector |
|
Export |
None |
|
Major Industry
Code / SICC |
33530 Manufacturing |
|
Definition of
Code |
Manufacture of pharmaceuticals, medicinal chemicals and
botanical products. |
|
Head Office
Physical Address |
8 Bell Crescent Westlake Business Park TOKAI Western Cape |
|
Head Office
Postal Address |
P O Box 30085 TOKAI 7966 |
|
Current Tel
Number |
021 7023128/ 1559 |
|
Current Fax
Number |
021 7023268 |
|
Current Email
Address |
info@za-nps.com |
Auditors Information
|
Company
Registered Name |
MAZARS |
|
Trading Name |
MAZARS Cape Town |
|
Physical Address |
Mazars House Rialto Road Grand Moorings Precinct CENTURY CITY 7441 |
|
Postal Address |
P O Box 2785 CAPE TOWN 8000 |
|
Contact Person |
SELWYN SOLOMON |
|
Contact Number |
021 8185000 |
|
Subject Verified
as Client |
Yes |
|
SAICA number |
900222 |
|
Years With
Auditors |
8 years |
Previous Auditors
|
Company Name/ Tel |
Time With Previous Auditors |
|
None |
|
Tax Information
|
Vat Number |
4350254183 |
|
Status |
Active |
|
Vat Liable Date |
Monthly |
|
Tax Number |
9254539175 |
|
Tax Clearance
Expire Date |
February |
|
Financial Year
End |
February |
Black Economic Empowerment
|
Status |
None |
ISO Status
|
Type of ISO
Grade |
GMP (HACCP) |
|
ISO Certificate |
Yes |
|
ISO Certificate
Available |
Yes |
|
Certified by
anAccredited Agent |
SABS |
Workman’s compensation
|
Registered |
Yes |
|
Compliance
Certified |
Yes |
Company Structure
|
Branches |
None |
|
Branches Names |
Country |
Province |
|
None |
|
|
|
Subsidiary
Company |
None |
|
Shareholding |
|
|
Registration
Number |
|
|
Import / Export |
|
|
Number of
Employees |
42 |
|
1.
Salaried
employees |
42 |
|
2.
Waged
employees |
|
|
3.
Permanent
employees |
42 |
|
4.
Casual
employees |
|
|
5.
Contracted
employees |
|
Company Fleet |
No of vehicles: |
|
Fleet Operations |
|
|
The Fleet is
made up of |
|
|
1.
Cars |
1 |
|
2.
Light
Delivery Vehicles |
1 |
|
3.
Trailers |
|
|
4.
Busses |
|
|
5.
Trucks |
|
|
6.
Fork
Lifts |
1 |
|
7.
Other |
|
Head
OfficeOwned/ Rented |
Rented |
|
Rental Company |
THE SAVOI FAMILY TRUST |
|
Lease Agreement |
Yes, ongoing |
|
Lease Expire
Date |
None |
|
Type of Premises |
Office and warehouse |
Trade References
The subject imports all its supplies from
the foreign suppliers below:
|
Supplier |
|
1)LABOCHIM SpA |
|
2)INFA SA |
|
3)SIFAVITOR SRL |
Adverse Information on Subject
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil Court
Records |
None |
|
RDs |
None |
Default Data
|
Date |
Details |
|
None |
|
Notarial Bonds
|
Date |
Details |
|
None |
|
Deeds Information
|
Property Interest |
|||
|
Title Deed No. |
None |
Erf/Site No. |
|
|
Deeds Office |
|
Physical Address |
|
|
Property Type |
|
Extent / Size |
|
|
Purchase Date |
|
Purchase price |
|
|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
Bank Information
|
Bank |
FIRST NATIONAL BANK |
|
Branch |
GLOBAL TRANSACTION SERVICES |
|
Bank Account
Number |
62239661491 |
|
Type of Account |
Current |
|
Branch Code |
204109 |
|
Account Name |
NUTRI PHARMA SOLUTIONS (PTY) LTD |
|
Date Opened |
19 September 2011 |
|
Bank Code |
F for R5 000 000 |
|
Bank Comment |
The subject’s bankers
advise that their financial position is
unknown and they are unable to comment. |
Bank CodesHistory
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
|
None |
|
|
|
|
|
|
Previous Bank Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
None |
|
|
|
|
|
Financial Information
Financial Estimates
|
CURRENT ASSETS |
R55 313 000 |
|
Stock |
R13 314 200 |
|
Debtors |
R22 881 476 |
|
Cash on Hand |
R19 117 339 |
|
FIXED ASSETS |
R2 271 935 |
|
Plant,
Equipment, Vehicles |
R2 271 935 |
|
Property |
R0 |
|
CURRENT
LIABILITIES |
R52 866 972 |
|
Creditors |
R52 866 972 |
|
Loans/ From? |
R342 409 (Intercompany) |
|
LONG TERM
LIABILITIES |
R342 409 |
|
Morgage Bonds |
None |
|
ANNUAL |
R107 874 658 |
|
Previous Year
Turnover |
R94 277 912 |
|
Estimated
Current Year Turnover |
R105 132 793 |
Principals
|
Number of
Principals |
1 |
|
Average Age of
Active Principals |
30 |
Active Principals
Principal 1 of 1
|
Surname |
SAVOI BRANDT DE CARVALHO |
|
First Names |
RODRIGO |
|
Marital Status |
Married |
|
ID Number |
810212 |
|
Verified ID Number |
No |
|
Current Age |
30 |
|
Designation |
Businessman |
|
Status |
Active |
|
Appointment Date |
2009-09-15 |
|
Address (at time
of Appointment) |
10 Waxbill Lane STEENBERG ESTATE Western Cape 7945 |
Adverse Information on Principal
Judgement
|
Number
ofJudgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information on Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
INTAKA TECH
(PTY) LTD |
2004/000167/07 |
In Business |
0 |
No |
|
INTAKA NUTRI
(PTY)LTD |
2004/026404/07 |
In Business |
0 |
No |
|
ROWMOOR
INVESTMENTS 1011 (PTY) LTD |
2011/005419/07 |
In Business |
0 |
No |
Previous Business Interests
|
Average Age of Previous
Business Interests |
4 |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
TRIUMPH TRAVEL
(PTY) LTD |
M2007/034413/07 |
In Business |
0 |
No |
Deeds Information
Property Interests of Principle
|
Property Interest |
|||
|
Title Deed No. |
None |
Erf/Site No. |
|
|
Deeds Office |
|
Physical Address |
|
|
Property Type |
|
Extent / Size |
|
|
Purchase Date |
|
Purchase price |
|
|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.35 |
|
|
1 |
Rs.80.50 |
|
Euro |
1 |
Rs.69.14 |
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.