MIRA INFORM REPORT

 

 

 

 

Report Date :

08.01.2011

 

IDENTIFICATION DETAILS

 

Name :

MERVIS BROTHERS JEWELLERS 

 

 

Registered Office :

L55, East Gate Shopping Centre, Bedfordview, Johannesburg, Gauteng

 

 

Country :

South Africa

 

 

Date of Incorporation :

----

 

 

Com. Reg. No.:

----

 

 

Legal Form :

----

 

 

Line of Business :

----

 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Undetermined

Payment Behaviour :

Unknown

Litigation :

---

 

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 – June 30, 2010

 

Country Name

Previous Rating

                   (01.04.2010)                  

Current Rating

(30.06.2010)

South Africa

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

COMPANY NAME

                

MERVIS BROTHERS JEWELLERS

 

 

PHYSICAL ADDRESS

 

L55

East Gate Shopping Centre

Bedfordview

Johannesburg

Gauteng

 

 

POSTAL ADDRESS   

 

P O Box 751

Garden View

2047

 

Telephone Number:     011 616 7504

 

On investigation contact was made with K MERVIS who once again declined to assist with information telephonically and stated that he did receive a questionnaire form and will complete it and return it as soon as possible. Further to our investigation it was established that the correct registered name of the company is KENRONZA (PTY) LTD, Registration Certificate Number: 1954/002197/07, however, according to CIPRO the subject was deregistered for annual return non-compliance as at 16 July 2010.

 

Further details were requested from K MERVIS, however, this was also declined and he stated that he would contact his auditors who would be able to tell investigators what happened to the assets and operations on KERONZA (PTY) LTD.  We await a reply.

 

In view of the lack of information on the subject and the reluctance of the respondents to assist with information we are not in a position to recommend credit dealings to an extent of US$1 000 000 over DA Terms. Should any further information be forthcoming the same will be compiled and forwarded to our client.

 

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.