MIRA
INFORM REPORT
|
Report Date : |
23.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
SAWAN IMPORT AND EXPORT CC |
|
|
|
|
Registered Office : |
Shop 3 A Fourways Value Mart Forest Road
Pineslopes Fourways |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
06.04.2001 |
|
|
|
|
Com. Reg. No.: |
2001/037137/23 |
|
|
|
|
Legal Form : |
Close Corporation |
|
|
|
|
Line of Business : |
Retail and wholesale trade of carpets and
various household products. |
|
|
|
|
No. of Employees : |
1 |
RATING & COMMENTS
|
MIRAs 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 : |
Small Company |
|
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
Total Credit Limit Exposure:
Total Suretyship:
This is an established business.
The subject is not a general credit seeker locally.
The only trade reference obtained is being paid on extended terms.
We cannot recommend credit dealings and your figure is considered as too high.
We still await a bank code.
Company Information
|
Registered Name |
SAWAN IMPORT AND EXPORT CC |
|
Trading as/ Division Name |
None |
|
Previous Name |
None |
|
Date of Name Change |
N/A |
|
Registration Number |
2001/037137/23 |
|
Registration Date |
2001-06-04 |
|
Date Commenced Trading |
2001-06-04 |
|
Age of Business |
10 Years 6 Months |
|
History of Business |
The subject commenced as a new business in 2001. |
|
Members of subject and % holding |
25% N BEHL 25% M ANEJA 25% U ANAEJA 25% V ANEJA |
|
Status |
This Business is Active |
|
Operations Assessment |
Retail and wholesale trade of carpets and
various household products. |
|
Industry/ Customers |
Public and retailers |
|
Export |
None |
|
Major Industry Code / SICC |
61399 Wholesale Retail |
|
Definition of Code |
Wholesale trade in other household goods |
|
Head Office Physical Address |
Shop 3 A Fourways Value Mart Forest Road PINESLOPES Fourways |
|
Head Office Postal Address |
Shop 3 A Fourways Value Mart Forest Road PINESLOPES Fourways |
|
Current Tel Number |
011 4658487 |
|
Current Fax Number |
011 4657064 |
|
Current Email Address |
|
|
Web Site Address |
None |
Auditors
Information
|
Company Registered Name |
HAROON TAKOLIA AND COMPANY |
|
Trading Name |
HAROON TAKOLIA |
|
Registration Number |
Trading for approx. 30 years |
|
Physical Address |
9-13 Quinn Street NEWTOWN Johannesburg |
|
Postal Address |
P O Box 257 CROWN MINES 2025 |
|
Contact Person |
HAROON |
|
Contact Number |
011 8321271 |
|
Email |
|
|
Principals |
1 |
|
Subject Verified as Client |
Yes |
|
SAICA number |
9331304 |
|
Financial Year End |
February |
|
Website |
None |
Previous Auditors
|
Company Name |
Phone Number |
Time with previous auditors |
|
AB KOTA |
|
Unknown |
|
|
|
|
Tax Information
|
Vat Number |
4350208874 |
|
Status |
Active |
|
Vat Liable Date |
Every second month |
|
Tax Number |
9116259145 |
|
Tax Clearance Expire Date |
February |
|
Financial Year End |
February |
Black Economic Empowerment
|
Status |
None |
ISO Status
|
Type of ISO Grade |
Yes, but unsure of details |
|
ISO Certificate |
|
|
ISO Certificate Available |
|
|
Certified by an Accredited Agent |
|
Workmans compensation
|
Registered |
No |
|
Compliance Certified |
No |
Company Structure
Subsidiaries
|
Subsidiary Company |
None |
|
Shareholding |
|
|
Registration Number |
|
|
Import / Export |
|
|
Number of
Employees |
1 |
|
1. Salaried
employees |
1 |
|
2. Waged
employees |
|
|
3. Permanent
employees |
|
|
4. Casual
employees |
|
|
5. Contracted
employees |
|
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
|
Fleet Operations |
|
|
|
|
|
The Fleet is made up of |
2 |
|||
|
1. Cars |
1 |
Owned |
|
None |
|
2. Light
Delivery Vehicles |
1 |
Owned |
|
None |
|
3. Trailers |
|
|
|
|
|
4. Busses |
|
|
|
|
|
5. Trucks |
|
|
|
|
|
6. Fork
Lifts |
|
|
|
|
|
7. Other |
|
|
|
|
|
Offices |
|
Head Office Owned/ Rented |
Rented |
|
Rental Company |
J H B |
|
Owned by |
|
|
Value |
|
|
Bond |
|
|
Bank |
|
|
Lease Agreement |
3 years |
|
Lease Expire Date |
2014 |
|
Type of Premises |
Retail shop |
|
Branches Names |
Country |
Province |
|
None |
|
|
Branches Owned/ Rented |
None |
|
Rental Company |
|
|
Owned |
|
|
Value |
|
|
Bank |
|
|
Bond |
|
|
Lease Agreement |
|
|
Lease Expire Date |
|
|
Type of Premises |
|
Trade References
Key deals signed within
the past 12 months.
|
Company |
Value |
Contact |
|
None |
|
|
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
|
1 |
CONTARCT
FORWARDING |
011 3922002,
Cindy |
|
|
Trade
References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
2006 |
R480 000 |
R480 000 |
45 days |
Fluctuates |
45- 50 days |
Fair |
Adverse Information on Subject
Judgements
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil Court |
None |
|
RDs |
None |
Business
Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
|
None |
|
|
|
Default
Listings
|
Date |
Details |
|
None |
|
Notarial
Bonds
|
Date |
Details |
|
None |
|
Bank Information
|
Bank |
FIRSTS NATIONAL BANK |
|
Branch |
Bedford Gardens |
|
Bank Account Number |
62036633247 |
|
Type of Account |
Current |
|
Account Name |
SAWN IMPORT AND EXPORT CC |
|
Bank Code |
Awaiting a bank code |
Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RDs |
RD amount |
RD Date |
Bank Comments |
Years with bank |
|
None |
|
|
|
|
|
|
|
Previous
Bank Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
None |
|
|
|
|
|
Deeds Information
Property Interestsfor Company
|
Title Deed No. |
T97603/2008 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
CEDAR LAKES CITY
OF JOHANNESBURG RURAL |
|
Property Type |
Freehold / Ervin |
Extent / Size |
689.0SQM |
|
Purchase Date |
2008-03-18 |
Purchase price |
R 1 500 000,00 |
|
% Ownership |
0.0000 |
Bond Holder |
STANDARD BANK OF
SOUTH AFRICA |
|
Bond Number |
B968392008 |
Bond Amount |
R 1 500 000,00 |
Financial Information
Financial
Estimates
|
CURRENT ASSETS |
|
|
Stock |
|
|
Debtors |
|
|
FIXED ASSETS |
|
|
Plant, Equipment, Vehicles |
|
|
Property |
|
|
CURRENT LIABILITIES |
|
|
Creditors |
|
|
Loans/ From? |
|
|
LONG TERM LIABILITIES |
|
|
Morgage Bonds |
|
|
Previous Year Turnover |
|
|
Estimated Current Year Turnover |
|
|
Current Turnover per month |
R200 000 |
|
Current Turnover per annum |
|
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 |
4 |
|
Average Age of Active Principals |
42 |
Active Principals
Principal 1 of 4: NAMRATA BEHL
|
Surname |
BEHL |
|
First Name |
NAMRATA |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
8010011177186 |
|
Verified ID Number |
No |
|
Current Age |
31 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2001-11-15 |
|
Physical Address (at time of Appointment) |
1402 San Martinho Building BEDFORD GARDEN 2007 |
|
Postal Address |
1402 San Martinho Building BEDFORD GARDEN 2007 |
|
Shareholding |
25% |
Adverse
Information for:NAMRATA BEHL
Judgement
|
Number
of Judgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business
Information for:NAMRATA BEHL
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
|
|
|
|
|
|
|
Previous
Business Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Deeds Information
Property Interestsfor:NAMRATA BEHL
|
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 2 of 4: MADAN ANEJA
|
Surname |
ANEJA |
|
First Name |
MADAN |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
5110285189181 |
|
Verified ID Number |
No |
|
Current Age |
60 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2001-11-15 |
|
Physical Address (at time of Appointment) |
1401 San Martinho Building BEDFORD GARDEN 2007 |
|
Postal Address |
1401 San Martinho Building BEDFORD GARDEN 2007 |
|
Current Tel Number |
011 4691979 |
|
Work Tel Number |
011 6228287 |
|
Cell number |
084 9091515 |
|
Shareholding |
25% |
Adverse
Information for: MADAN ANEJA
Judgement
|
Number
of Judgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default data |
None |
Business
Information for: MADAN ANEJA
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
BHARATIYAM RESTAURANT CC |
2007/017091/23 |
In Business |
4 Years 11 Months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
3 |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
BBANJAARA INDIA CUISINE CC |
2008/143812/23 |
Deregistration Final |
3 Years 5 Months |
0 |
No |
Deeds Information
Property Interestsfor: MADAN ANEJA
|
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 3 of 4: UPASANA ANEJA
|
Surname |
ANEJA |
|
First Name |
UPASANA |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
530722000000 |
|
Verified ID Number |
No |
|
Current Age |
Unknown |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2001-11-15 |
|
Physical Address (at time of Appointment) |
1401 San Martinho Building BEDFORD GARDEN 2007 |
|
Postal Address |
1401 San Martinho Building BEDFORD GARDEN 2007 |
|
Shareholding |
25% |
Adverse
Information for: UPASANA ANEJA
Judgement
|
Number
of Judgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business
Information for: UPASANA ANEJA
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Previous Business Interests
|
Average Age of Previous
Business Interests |
None |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Deeds Information
Property Interestsfor: UPASANA ANEJA
|
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 4 of 4: ANEJA VIRKAM
|
Surname |
ANEJA |
|
First Name |
VIRKAM |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
7603016336186 |
|
Verified ID Number |
Yes |
|
Current Age |
35 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2001-06-04 |
|
Physical Address (at time of Appointment) |
1401 San Martinho Building BEDFORD GARDEN 2007 |
|
Postal Address |
1401 San Martinho Building BEDFORD GARDEN 2007 |
|
Current Tel Number |
011 4699818 |
|
Cell number |
084 4444161 |
|
Shareholding |
25% |
Adverse
Information for: ANEJA VIRKAM
Judgement
|
Number
of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: ANEJA VIRKAM
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
BHARATIYAM RESTAURANT CC |
2007/017091/23 |
In Business |
4 Years 11 Months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
4 |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
BBANJAARA INDIA CUISINE CC |
2008/143812/23 |
Deregistration Final |
3 Years 5 Months |
0 |
No |
|
INDIKRAFT CC |
2006/005805/23 |
Deregistration Final |
5 Years 11 Months |
0 |
No |
Deeds Information
Property Interestsfor: ANEJA VIRKAM
|
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.52.78 |
|
|
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 SCs 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.