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MIRA INFORM REPORT
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Report Date : |
23.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
MARICO SOUTH AFRICA (PTY) LTD |
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Formerly Known As : |
ENALENI PHARMACEUTICALS CONSUMER DIVISION |
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Registered Office : |
1474 South Coast Road, Mobeni 4052 |
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Country : |
South Africa |
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Date of Incorporation : |
10.06.1977 |
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Com. Reg. No.: |
M1977-06-10 |
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Legal Form : |
Private Company |
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Line of Business : |
--- |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
US$ 1 500 000 |
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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 – September 30th, 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 |
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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 |
Company details
|
Subject Name |
MARICO SOUTH AFRICA (PTY) LTD |
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Country |
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Requested Credit Limit |
US$ 1 500 000 |
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Enquiry Terms |
D/A |
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Account Review |
RECOMMENDED EVERY 6 MONTHS |
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Subject Contact person |
None, H MARIWALA- |
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Assessment |
Total Credit Limit Exposure: Total Suretyship: On investigation it was established that the subject has now closed for the Christmas holidays. The company will be reopening after the 3rd January 2012. Further investigations will be instituted in the New Year. At present please see the available information below. |
Company
Information
|
Registered Name |
MARICO SOUTH AFRICA (PTY) LTD |
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Trading as/ Division Name |
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Previous Name |
ENALENI PHARMACEUTICALS CONSUMER DIVISION |
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Date of Name Change |
2008-02-11 |
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Registration Number |
M1977-06-10 |
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Registration Date |
1977-06-10 |
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Date Commenced Trading |
2008-02-11 |
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Age of Business |
34 Years 6 Months |
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History of Business |
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History of Principals |
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Shareholders/Members/Partners of subject
and % holding |
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Authorised Share Capital |
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Issued Share Capital/Members Contribution |
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Status |
This Business is Active |
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Operations Assessment |
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Industry/ Customers |
88-Other business activities. |
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Export |
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Major Industry Code / SICC |
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Definition of Code |
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Head Office Physical Address |
1474 South Coast Road MOBENI 4052 |
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Head Office Postal Address |
PO Box 72625 MOBENI 4060 |
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Current Tel Number |
031 4519300 |
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Cell number |
031 4513952 |
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Current Fax Number |
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Current Email Address |
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Web Site Address |
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Auditors Information
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Company Registered Name |
DELOITE AND TOUCHE |
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Trading Name |
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Registration Number |
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Physical Address |
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Postal Address |
Private Bag X6 GALLO MANOR 2052 |
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Contact Person |
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Contact Number |
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Email |
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Principals |
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Judgements Against Subject |
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Judgements Against Principals |
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Subject Verified as Client |
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SAICA number |
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VAT Number |
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Tax Number |
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BEE Status |
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Financial Year End |
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Years With Auditors |
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Website |
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Previous Auditors
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Company Name |
Phone Number |
Time with previous auditors |
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Tax Information
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Vat Number |
4670110552 |
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Status |
Active |
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Vat Liable Date |
1991-09-30 |
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Tax Number |
9618195847 |
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Tax Clearance Expire Date |
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Financial Year End |
March |
Black Economic Empowerment
|
Status |
Unavailable |
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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 |
Unavailable |
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ISO Certificate |
Yes/No |
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ISO Certificate Available |
Yes/No |
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Certified by an Accredited Agent |
Yes/No |
Workman’s compensation
|
Registered |
Unavailable |
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Compliance Certified |
Yes/No |
Company
Structure
Subsidiaries
|
Subsidiary Company |
Unavailable |
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Shareholding |
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Registration Number |
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Import / Export |
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Number of
Employees |
Unavailable |
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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 |
Unavailable |
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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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Offices |
Unavailable |
Head Office Owned/ Rented |
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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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Branches Names |
Country |
Province |
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Unknown |
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Branches Owned/ Rented |
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Rental Company |
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Owned |
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Value |
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Bank |
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Bond |
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Lease Agreement |
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Lease Expire Date |
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Type of Premises |
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Management Overview
Organisation chart
Company Structure (Ownership)
Note: One level up and all levels down
Trade
References
Key
deals signed within the past 12 months.
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Company |
Value |
Contact |
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Unavailable |
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Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
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1 |
Unavailable |
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2 |
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3 |
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4 |
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5 |
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Trade
References Detail
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Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
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1 |
Unavailable |
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2 |
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3 |
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4 |
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Adverse Information on Subject
Judgements
|
Judgements |
None |
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Possible
Judgements |
None |
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Civil Court |
None |
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RDs |
None |
Business Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
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None |
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Default Listings
|
Date |
Details |
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None |
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Notarial Bonds
|
Date |
Details |
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None |
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Bank Information
|
Bank |
Unavailable |
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Branch |
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Bank Account Number |
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Type of Account |
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Account Name |
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Overdraft Facilities |
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Date Opened |
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Bank Code |
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Bank Comment |
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Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
Years with bank |
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None |
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Previous Bank
Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
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None |
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Deeds Information
Property Interestsfor Company
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Title Deed No. |
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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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Financial Information
Financial
Estimates
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CURRENT ASSETS |
Unavailable |
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Stock |
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Debtors |
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FIXED ASSETS |
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Plant, Equipment, Vehicles |
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Property |
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CURRENT LIABILITIES |
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Creditors |
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Loans/ From? |
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LONG TERM LIABILITIES |
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Morgage Bonds |
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Previous Year Turnover |
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Estimated Current Year Turnover |
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Current Turnover per month |
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Current Turnover per annum |
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Please note the
following:
|
Turnover and assets less than R 1,000,000.00 |
The subject falls within the National Credit Act |
|
Turnover and assets less than R 2,000,000.00 |
The subject falls within the Consumer Protection Act |
Principals
|
Number of Principals |
5 |
|
Average Age of Active Principals |
48 |
Active Principals
Principal 1 of 5: HARSH MARIWALA
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Surname |
MARIWALA |
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First Name |
HARSH |
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Other Names |
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Marital Status |
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ID Number |
5105140000000 |
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Verified ID Number |
No |
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Current Age |
60 |
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Designation |
Director |
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Status |
Active |
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Appointment Date |
2007-12-18 |
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Physical Address (at time of Appointment) |
Salisbury Park 10 Pali Mala Road Bandra (W) MUMBAI 0000 |
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Postal Address |
Rang Sharda KC Marg Bandra Reclamation Bandra (W) MUMBAI 0000 |
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Current Tel Number |
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Cell number |
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Current Fax Number |
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Current Email Address |
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Shareholding |
(if the principal owns shares) |
Adverse
Information for : HARSH MARIWALA
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for : HARSH MARIWALA
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MARICO SOUTH AFRICA CONSUMER CARE (PTY) LTD |
2007/025470/07 |
In Business |
4 Years 3 Months |
0 |
No |
Previous
Business Interests
|
Average Age of
Previous Business Interests |
None |
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Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
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Deeds Information
Property
Interestsfor : HARSH MARIWALA
|
Title Deed No. |
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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 |
|
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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Criminal Check for
:
HARSH MARIWALA
Criminal Information (This is on request)
|
Case Number |
None |
Principal 1 of 2: MILIND SARWATE
Adverse
Information for : MILIND SARWATE
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for : MILIND SARWATE
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MARICO SOUTH AFRICA CONSUMER CARE (PTY) LTD |
2007/025470/07 |
In Business |
4 Years 3 Months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
Unavailable |
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Deeds Information
Property Interestsfor: MILIND SARWATE
|
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 |
|
Extent / Size |
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|
Purchase Date |
|
Purchase price |
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% Ownership |
|
Bond Holder |
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|
Bond Number |
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Bond Amount |
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Principal 3 of 5: VIJAY SANKAR SUBRAMANIAN
|
Surname |
SUBRAMANIAN |
|
First Name |
VIJAY |
|
Other Names |
SANKAR |
|
Marital Status |
|
|
ID Number |
681030000000 |
|
Verified ID Number |
No |
|
Current Age |
43 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2007-12-18 |
|
Physical Address (at time of Appointment) |
2001/2002 Norita Hiranandani Garden Powai Mumbai INDIA 0000 |
|
Postal Address |
Rang Sharda KC Marg Bandra Reclamation Bandra MUMBAI 0000 |
|
Current Tel Number |
|
|
Cell number |
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Current Fax Number |
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Current Email Address |
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Shareholding |
(if the principal owns shares) |
Adverse
Information for: VIJAY SANKAR SUBRAMANIAN
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: VIJAY SANKAR SUBRAMANIAN
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MARICO SOUTH AFRICA CONSUMER CARE (PTY) LTD |
2007/025470/07 |
In Business |
4 Years 3 Months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
|
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Deeds Information
Property Interestsfor: VIJAY SANKAR SUBRAMANIAN
|
Title Deed No. |
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Erf/Site No. |
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Deeds Office |
|
Physical Address |
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Property Type |
|
Extent / Size |
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|
Purchase Date |
|
Purchase price |
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|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
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Principal 4 of 5: PADMANABH MAYDEO
|
Surname |
PADMABAH |
|
First Name |
MAYDEO |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
720829000000 |
|
Verified ID Number |
No |
|
Current Age |
39 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2007-12-18 |
|
Physical Address (at time of Appointment) |
Flat No.6 Shubhankar Apartment Sree Nagar Mahabai Jaigoan MUMBAI 0000 |
|
Postal Address |
PO Box 32003 MOBENI 4060 |
|
Current Tel Number |
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Cell number |
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Current Fax Number |
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|
Current Email Address |
|
|
Shareholding |
(if the principal owns shares) |
Adverse
Information for: PADMANABH MAYDEO
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: PADMANABH MAYDEO
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MARICO SOUTH AFRICA CONSUMER CARE (PTY) LTD |
2007/025470/07 |
In Business |
4 Years 3 Months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
|
|
|
|
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|
Deeds Information
Property Interestsfor: PADMANABH MAYDEO
|
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 |
|
Principal 5 of 5: JOHN MASON
|
Surname |
MASON |
|
First Name |
JOHN |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
65090551190089 |
|
Verified ID Number |
Yes |
|
Current Age |
46 |
|
Designation |
Managing Director |
|
Status |
Active |
|
Appointment Date |
2007-12-18 |
|
Physical Address (at time of Appointment) |
4Maillhaven Place La Lucia DURBAN 4051 |
|
Postal Address |
PO Box 72625 MOBENI 4060 |
|
Current Tel Number |
031 5727931 |
|
Cell number |
082 4447765 |
|
Current Fax Number |
|
|
Current Email Address |
|
|
Shareholding |
(if the principal owns shares) |
Adverse
Information for : JOHN MASON
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: JOHN MASON
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MARICO SOUTH AFRICA CONSUMER CARE (PTY) LTD |
2007/025470/07 |
In Business |
4 Years 3 Months |
0 |
No |
|
CPF INTERNATIONAL (PTY) LTD |
M1995/007913/07 |
Deregistration Process |
16 Years 5 Months |
0 |
No |
Previous Business Interests
|
Average Age of Previous
Business Interests |
22 |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
ANDREW SALES AND MARKRTING CC |
1989/008107/23 |
Deregistration Final |
22 Years 9 Months |
0 |
No |
Deeds Information
Property Interestsfor: JOHN MASON
|
Title Deed No. |
T24742/2009 |
Erf/Site No. |
|
|
Deeds Office |
PIETERMRITZBURG |
Physical Address |
23 Armstrong La Lucia UMHLANGA |
|
Property Type |
Freehold/Ervin |
Extent / Size |
1327.0SQM |
|
Purchase Date |
2009-05-08 |
Purchase price |
R 2 500 000,00 |
|
% Ownership |
0.0000 |
Bond Holder |
NEDBANK LTD |
|
Bond Number |
B125862009 |
Bond Amount |
R 255 700.00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.78 |
|
UK Pound |
1 |
Rs.82.73 |
|
Euro |
1 |
Rs.68.88 |
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.