%20LTD%20-%20145653%202%2001-Jul-2011_files/image002.jpg){kind=small}
MIRA INFORM
REPORT
|
Report Date : |
01.07.2011 |
IDENTIFICATION DETAILS
|
Name : |
ABB SOUTH AFRICA (PTY) LTD |
|
|
|
|
Formerly Known As : |
ABB HOLDINGS (PTY) LTD |
|
|
|
|
Registered Office : |
Abb
Campus, 2 Lake Road, Longmeadow Business Park, Modderfontein 1644 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
18.03.1965 |
|
|
|
|
Com. Reg. No.: |
1965/002429/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Engineering, power and automation technology company. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
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 a large well established and well connected company.
No judgements are on record for the subject or directors.
A bank code revealed a C for R1 000 000 over 30 days.
In view of the standing and associations of the subject they would be considered as able to meet a commitment of USD 1 000 000.
The lack of a payment pattern should be borne in mind.
Company Information
|
Registered Name |
ABB SOUTH AFRICA (PTY) LTD |
|
Trading as/ Division Name |
AUTOMATION -
DM Division -
Process Automation -
Process Automation and Service -
Machines Division -
Low Voltage Products POWER TECHNOLOGIES -
Power Products -
Power Systems |
|
Previous
Name |
ABB HOLDINGS (PTY) LTD |
|
Date
of Name Change |
2009 |
|
Registration
Number |
1965/002429/07 |
|
Registration
Date |
1965-03-18 |
|
Date
Commenced Trading |
1965 |
|
History
of Business |
The company has changed and restructured
over the years and was originally called ASEA BROWN BOVERI. |
|
Shareholders
of subject and % holding |
80% ABB HOLDINGS(PTY) LTD 20% WIPHOLD (PTY) LTD The ultimate holding company is ABB LTD in
Zurich, Switzerland. |
|
Authorised
Share Capital |
Unavailable |
|
Age
of Company |
46 years |
|
Status |
In Business |
|
Industry/
Customers |
Global industry
including Eskom |
|
Operations
Assessment |
Engineering,
power and automation technology company. |
|
Head
Office Physical Address |
ABB Campus 2 Lake Road Longmeadow Business Park MODDERFONTEIN 1644 |
|
Head
Office Postal Address |
Pri Bag X10004 EDENVALE 1610 |
|
Current
Tel Number |
011 6172034,
0860 222123 |
|
Current
Fax Number |
011 5798000 |
|
Current
Email Address |
elyse.francis@za.abb.com |
Tax Information
|
Vat
Number |
4090136104 |
|
Vat
Liable Date |
Unknown |
|
Status |
InBusiness |
|
Tax
Number |
9210198843 |
|
Tax
Clearance |
Yes |
|
Tax
Clearance Expire Date |
Unknown |
|
Financial
Year End |
December |
Black Economic Empowerment
|
Status |
Compliant |
|
BEE
Certificate Available |
Yes, see attached document |
ISO Status
|
ISO
Certificate Available |
Yes, see attached document |
Workman’s compensation
|
Registered |
Yes |
|
Compliance
Certified |
Yes |
Company Structure
|
Branches |
9 |
|
Branches
Names |
Country |
Province |
|
Alrode, factory |
SA |
Gauteng |
|
Rustenburg |
SA |
North West |
|
Durban |
SA |
Kwazulu Natal |
|
South Coast |
SA |
Kwazulu Natal |
|
Richards Bay |
SA |
Kwazulu Natal |
|
Port Elizabeth |
SA |
Eastern Cape |
|
Kuruman |
SA |
Northern Cape |
|
Cape Town |
SA |
Western Cape |
|
Witbank, sales office |
SA |
Mpumulanga |
|
Associated
Companies |
There are
reported to be 293 subsidiaries in the group internationally that fall under
the ultimate holding company. |
|
Shareholding |
ABB LTD In Zurich |
|
Registration
Number |
|
|
Import
/ Export |
Yes |
|
Number
of Employees |
1200 |
|
1.
Salaried
employees |
1200 |
|
2.
Waged
employees |
|
|
3.
Permanent
employees |
|
|
4.
Casual
employees |
|
|
5.
Contracted
employees |
|
Head
Office Owned/ Rented |
Rented |
|
Rental
Company |
Improvon |
|
Lease
Agreement |
Information unknown |
|
Lease
Expire Date |
Information Unknown |
|
Type
of Premises |
Offices |
Branches
Owned/ Rented |
Alrode is owned by ABB SOUTH AFRICA (PTY)
LTD |
Branches are leased |
|
Type
of Premises |
Factory |
Office premises |
Trade References
The subject purchases from the international
group and imports so only deals with the following local suppliers:
|
Supplier |
Contact |
|
|
|
|
|
|
|
Age
of Acc |
Credit
Limit |
Terms |
Average
Purchases |
Terms
Taken |
Comment |
|
Do |
Not |
Give |
Trade |
References |
|
|
Do |
Not |
Give |
Trade |
References |
|
|
|
|
|
|
|
|
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 |
|
Auditors Information
|
Company
Registered Name |
ERNST AND YOUNG INCORPORATED |
|
Trading
Name |
None |
|
Registration
Number |
2005/002308/21 |
|
Physical
Address/ Head office |
4 Prichard street JOHANNESBURG Gauteng |
|
Postal
Address/ Head Office |
Box 4322 JOHANNESBURG 2000 |
|
Contact
Number |
011 7723000 |
|
Directors/
Members/ Partners |
There are 25 directors in total |
|
Judgements
Against Subject |
None |
|
Judgements
Against Diretors |
None |
|
SAICA
number |
?
But registered |
|
VAT
Number |
4280230949 |
|
Website |
www.ey.com |
|
Financial
Year End |
June |
Previous Auditors
|
Company
Name/ Tel |
Time
With Previous Auditors |
|
DELOITTE PIM GOLBY |
Unknown |
|
KPMG |
Unknown |
Bank Information
|
Bank
|
STANDARD BANK |
|
Branch |
BLOEMFONTEIN |
|
Bank
Account Number |
041037685 |
|
Type
of account |
Current |
|
Branch
Code |
Unknown |
|
Date
account opened |
22/02/96 |
|
Bank
Code |
C |
|
Bank
Comments |
The subject is considered as equal to
R1 000 000 over 30 days in the normal way of business. |
Deeds Information
|
Property
Interests |
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Property
Type: |
None |
Stand Number: |
|
|
Deeds
Office |
|
Physical
Address |
|
|
Property
Type |
|
Extent
/ Size |
|
|
Purchase
Date |
|
Purchase
price |
|
|
%
Ownership |
|
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
|
Financial Information
Please see the consolidated group income
statement and balance sheet attached.
Principals
|
Number
of Principals |
7 |
|
Average
Age of Active Principals |
50.1 years |
Active Principals
Principal 1 of 7
|
Surname |
MOHLALA |
|
First
Names |
PHYLLIS |
|
ID
Number |
6707060323080 |
|
Current
Age |
44 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2007-08-01 |
|
Address
(at time of Appointment) |
2 Arnold Segil Street Sunward Park BOKSBURG 1459 |
|
ID
Verification |
Yes |
Adverse Information on Principal
Judgement 0 of 0
|
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 |
|
ABB
HOLDINGS (PTY)LTD |
1954/000097/07 |
In Business |
0 |
No |
|
LUPITAN
INVESTMENT HOLDINGS (PTY) LTD |
2003/021947/07 |
Deregistration Process |
0 |
No |
|
EMVULENI
INVESTMENTS (PTY) LTD |
2005/020799/07 |
Deregistration Process |
0 |
No |
|
INDONI
YEZWE TRADING CC |
2007/064888/23 |
Deregistration Process |
0 |
No |
Previous Business Interests
|
Average
Age of Previous Business Interests |
12 years |
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
MOHLALA
POULTRY PRODUCTS CC |
1999/061507/23 |
In Business |
0 |
No |
Deeds Information
Property Interests of Principle
|
Property
Interest 1 of 1 |
|||
|
Title
Deed No. |
T23826/2005 |
Erf/Site
No. |
|
|
Deeds
Office |
JOHANNESBURG |
Physical
Address |
PARKRAND BOKSBURG |
|
Property
Type |
FREEHOLD/ ERFIN |
Extent
/ Size |
9076.0 SQM |
|
Purchase
Date |
2005-02-17 |
Purchase
price |
600000.00 |
|
%
Ownership |
0.0000 |
Bond
Holder |
ABSA BANK |
|
Bond
Number |
B313072005 |
Bond
Amount |
540000.00 |
Personal Information
Principal 2 of 7
|
Surname |
DUBE |
|
First
Names |
NTHABISENG |
|
ID
Number |
6312040964081 |
|
Current
Age |
48 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2006-09-30 |
|
Address
(at
time of appointment) |
30 Eland Street Robin Hills RANDBURG 2194 |
|
ID
Verification |
Yes |
Adverse Information on Principal
Judgement 1 of 1
|
Number
Of Judgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information of Principal
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
ABB
HOLDINGS (PTY)LTD |
1954/000097/07 |
In Business |
0 |
No |
Previous Business Interests
|
Average
Age of Previous Business Interests |
N/A |
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
None |
|
|
|
|
Deeds Information
Property Interests of Principal
|
Property Interest 1 |
|||
|
Title
Deed No. |
None |
Erf/Site
No. |
|
Principal 3 of 7
|
Surname |
DINGAAN |
|
First
Names |
GUGULETHU PATRICIA |
|
ID
Number |
7510170324082 |
|
Current
Age |
36 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2003-09-25 |
|
Address (at
time of appointment) |
11 Point Piper 122 North Road SANDTON 2198 |
|
ID
Verification |
Yes |
Adverse Information on Principal
Judgement 1 of 1
|
Number
Of Judgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information of Principal
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
ABB
HOLDINGS (PTY)LTD |
1954/000097/07 |
In Business |
0 |
No |
|
DISTELL
GROUP LTD |
1988/005808/06 |
In Business |
0 |
No |
|
LANDIS
AND GYR (PTY) LTDSA |
1994/007745/07 |
In Business |
0 |
No |
|
CORPORATE
REAL ESTATE FUND MANAGERS LTD |
1994/009895/06 |
In Business |
0 |
No |
|
RURAL
HOUSING LOAN FUND |
1996/010988/08 |
In Business |
0 |
No |
|
ERF29
OAKVILLAGE KYALAMI ESTATE CC |
1996/022636/23 |
Deregistration Final |
0 |
No |
|
ADCORP
STAFFING SOLUTIONS (PTY) LTD |
1997/019094/07 |
In Business |
0 |
No |
|
MCG
INDUSTRIES (PTY) LTD |
2000/007868/07 |
In Business |
0 |
No |
|
WIP
INVESTMENT NUMBER ONE (PTY) LTD |
2000/021945/07 |
In Business |
0 |
No |
|
AFRICAN
WOMEN CHARTERED ACCOUNTANTS FORUM |
2001/028742/08 |
In Business |
0 |
No |
|
WIPHOLD
BEVERAGES (PTY) LTD |
2004/034023/07 |
In Business |
0 |
No |
|
WIPHOLD
FINANCIAL SERVICES NUMBER TWO (PTY) LTD |
2005/006441/07 |
In Business |
0 |
No |
|
WIPCOAL
(PTY) LTD |
2005/015448/07 |
In Business |
0 |
No |
|
PILIGU
TRADING ENTERPRISE CC |
2009/072327/23 |
In Business |
0 |
No |
|
RAINBOW
PEPPER TRADING 103 (PTY) LTD |
2010/002457/07 |
In Business |
0 |
No |
|
KHULISANI
FOUNDATION |
2010/017808/08 |
In Business |
0 |
No |
Previous Business Interests
|
Average
Age of Previous Business Interests |
6
years |
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
WIPHOLD
FINANCIAL SERVICES NUMBER THREE (PTY) LTD |
2005/009817/07 |
In Business |
0 |
No |
Deeds Information
Property Interests of Principal
|
Property
Interest 1 of 1 |
|||
|
Title
Deed No. |
T9402/2008 |
Erf/Site
No. |
|
|
Deeds
Office |
PRETORIA |
Physical
Address |
POINT PYPER SANDOWN SANDTON |
|
Property
Type |
FREEHOLD/ ERVIN |
Extent
/ Size |
435.0 SQM |
|
Purchase
Date |
2007-09-10 |
Purchase
price |
3100000.00 |
|
%
Ownership |
0.0000 |
Bond
Holder |
INVESTEC BANK |
|
Bond
Number |
B100972008 |
Bond
Amount |
2005000.00 |
Principal
4 of 7
|
Surname |
MOJELA |
|
First
Names |
LOUISA |
|
ID
Number |
5604230784088 |
|
Current
Age |
55 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2002-12-31 |
|
Address
(at time of appointment) |
135 West Road North Morningside SANDTON Gauteng |
|
ID
Verification |
Yes |
Adverse
Information on Principal
Judgements
|
Number Of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business
Information of Principal
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
|
ABB
HOLDINGS (PTY)LTD |
1954/000097/07 |
In Business |
0 |
No |
|
|
WIPHOLD
FINANCIAL SERVICES NUMBER THREE (PTY) LTD |
2005/009817/07 |
In Business |
0 |
No |
|
|
ADCORP
HOLDINGS LTD |
1974/001804/06 |
In Business |
0 |
No |
|
|
INVESTMENTS
FOUR WOMEN (PTY) LTD |
1994/006741/07 |
Deregistration Process |
0 |
No |
|
|
TUBENI
INVESTMENT HOLDINGS (PTY) LTD |
1995/008419/07 |
Deregistration Final |
0 |
No |
|
|
AFRISUN
LEISURE INVESTMENTS (PTY) LTD |
1995/011363/07 |
In Business |
0 |
No |
|
|
WIP
GAMING (PTY) LTD |
1995/012812/07 |
In Business |
0 |
No |
|
|
WIP
INVESTMENT SECURITIES (PTY) LTD |
1996/010087/07 |
In Business |
0 |
No |
|
|
NATIONAL
CASINO RESORT MANCO (PTY) LTD |
1996/010714/07 |
In Business |
0 |
No |
|
|
WIP
TELECOMMUNICATION (PTY) LTD |
1996/013732/07 |
In Business |
0 |
No |
|
|
SKYPROPS
142 (PTY) LTD |
1998/012693/07 |
Deregistration Process |
0 |
No |
|
|
WIPHOLD
RESOURCES (PTY) LTD |
1999/014566/07 |
In Business |
0 |
No |
|
|
WIP
CEMENT TRADING (PTY) LTD |
1999/015062/07 |
In Business |
0 |
No |
|
|
WIPCAPITAL
NUMBER SEVEN (PTY) LTD |
1999/015399/07 |
In Business |
0 |
No |
|
|
WOMEN
INTERNATIONAL PORTFOLIO INVESTMENTS (PTY) LTD |
2001/025580/07 |
Deregistration Process |
0 |
No |
|
|
BEAUTIFUL
BEBE (PTY) LTD |
2001/026490/07 |
Deregistrattion Final |
0 |
No |
|
|
NORTHERN
CAPE MANGANESE PROSPECTING (PTY) LTD |
2004/006786/07 |
Deregistration Final |
0 |
No |
|
|
WIPHOLD
FINANCIAL SERVICES HOLDINGS(PTY) LTD |
2004/030563/07 |
In Business |
0 |
No |
|
|
WIP
INFRASTRUCTURE INVESTMENTS NUMBER ONE (PTY) LTD |
2004/032872/07 |
In Business |
0 |
No |
|
|
WIPHOLD
DISTILLERIES AND WINES INVETSMENTS (PTY) LTD |
2004/032919/07 |
In Business |
0 |
No |
|
|
WIP
FORESTRY HOLDINGS (PTY) LTD |
2004/032929/07 |
In Business |
0 |
No |
|
|
WIPHOLD
FINANCIAL SERVICES NUMBER ONE(PTY) LTD |
2004/034023/07 |
In Business |
0 |
No |
|
|
WIPHOLD
FINANCIAL SERVICES NUMBER THREE (PTY) LTD |
2005/009817/07 |
In Business |
0 |
No |
|
|
WIPHOLD
FINANCIAL SERVICES NUMBER TWO (PTY) LTD |
2005/006441/07 |
In Business |
0 |
No |
|
Previous
Business Interests
|
Average
Age of Previous Business Interests |
6
years |
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
POWERTECH
TRANSFORMERS (PTY) LTD |
1951/00234/07 |
In Business |
0 |
No |
|
ALEXANDER
FORBES LTD |
1958/001974/06 |
In Business |
0 |
No |
|
KHULA
CREDIT GUARANTEE LTD |
1987/001736/06 |
In Business |
0 |
No |
|
INFRASTRUCTURE
FINANCE CORPORATION LTD |
1996/001482/06 |
In Business |
0 |
No |
|
NEW
AFRICA INVESTMENTS LTD |
1993/002467/06 |
In Business |
0 |
No |
|
ERICSSON
SOUTH AFRICA (PTY) LTD |
1994/008277/07 |
In Business |
0 |
No |
|
SA
CORPORATE REAL ESTATE FUND MANAGERS LTD |
1994/009895/06 |
In Business |
0 |
No |
|
MVELAPHANDA
GROUP LTD |
1995/004153/06 |
In Business |
0 |
No |
|
AFRICA
ON AIR (PTY) LTD |
1995/008672/07 |
In Business |
0 |
No |
|
KHULA
ENTERPRISE FINANCE LTD |
1995/011258/06 |
In Business |
0 |
No |
|
EZUZA
(PTY) LTD |
1995/012880/07 |
Dissolved |
0 |
No |
|
OSI
HOLDINGS LTD |
1996/000749/03 |
In Business |
0 |
No |
|
SOUTH
AFRICAN AIRWAYS (PTY) LTD |
1997/022444/07 |
In Business |
0 |
No |
|
HORIZON
PARK UTILITY 0005 (PTY) LTD |
1998/012579/07 |
Voluntary Liquidation |
0 |
No |
|
WIP
TREASURY SOLUTIONS (PTY) LTD |
1999/000113/07 |
In Business |
0 |
No |
|
DINATLA
PROPERTY SERVICES (PTY) LTD |
1999/003953/07 |
In Business |
0 |
No |
|
THE
TREVOR HUDDLEST CR MEMORIAL CENTRE ON |
2000/006377/08 |
In Business |
0 |
No |
|
CELLB
(PTY) LTD |
2000/025550/07 |
Deregistration Process |
0 |
No |
|
LEPOQO
ENTERTAINMENT (PTY) LTD |
2001/005691/07 |
Deregistration Process |
0 |
No |
|
ADAMASTOR
RESOURCES LTD |
2001/008698/06 |
In Business |
0 |
No |
|
GLOBAL
AFRICA CONSULTING (PTY) LTD |
2001/026407/07 |
Deregistration Final |
0 |
No |
|
NU
ME WOMEN’S HEALTH AND BEAUTY ORGANISATION CC |
2001/050575/23 |
In Business |
0 |
No |
|
LIFE
HEALTHCARE GROUP HOLDINGS LTD |
2003/002733/06 |
In Business |
0 |
No |
|
KHULA
LAND REFORM EMPOWERMENT FACILITY |
2003/014636/08 |
In Business |
0 |
No |
Deeds
Information
Property
Interests of Principal
|
Property
Interest 1 of 4 |
|||
|
Title
Deed No. |
ST52180/2008 |
Erf/Site
No. |
1626,0 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
MORNINGSIDE SANDTON |
|
Property
Type |
SECTIONAL TITLE/ UNIT |
Extent
/ Size |
52.0 SQM |
|
Purchase
Date |
2004-01-31 |
Purchase
price |
445200.00 |
|
%
Ownership |
0.0000 |
Bond
Holder |
FIRSTRAND BANK |
|
Bond
Number |
SB564892005 |
Bond
Amount |
415200.00 |
|
Property
Interest 2 of 4 |
|||
|
Title
Deed No. |
ST140965/2005 |
Erf/Site
No. |
1360 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
229 RIVONIA MORNINGSIDE SANDTON |
|
Property
Type |
SECTIONAL TITLE/ UNIT |
Extent
/ Size |
92.0 SQM |
|
Purchase
Date |
2005-09-15 |
Purchase
price |
850000.00 |
|
%
Ownership |
0.0000 |
Bond
Holder |
STANDARD BANK |
|
Bond
Number |
SB1598522005 |
Bond
Amount |
850000.00 |
|
Property
Interest 3 of 4 |
|||
|
Title
Deed No. |
ST42963/2007 |
Erf/Site
No. |
575,8 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
163 5TH SANDOWN SANDTON |
|
Property
Type |
SECTIONAL TITLE/ UNIT |
Extent
/ Size |
109.0 SQM |
|
Purchase
Date |
2004-12-01 |
Purchase
price |
2925306.00 |
|
%
Ownership |
0.0000 |
Bond
Holder |
NEDBANK |
|
Bond
Number |
SB540432007 |
Bond
Amount |
2857520.00 |
|
Property
Interest 4 of 4 |
|||
|
Title
Deed No. |
ST14811/2009 |
Erf/Site
No. |
243,0 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
122 SANDHURST SANDTON |
|
Property
Type |
SECTIONAL TITLE/ UNIT |
Extent
/ Size |
113.0 SQM |
|
Purchase
Date |
2005-05-12 |
Purchase
price |
1890000.00 |
|
%
Ownership |
0.0000 |
Bond
Holder |
STANDARD BANK |
|
Bond
Number |
SB564892005 |
Bond
Amount |
1890000.00 |
Principal 5 of 7
|
Surname |
PONE |
|
First
Names |
CARLOS |
|
ID
Number |
5502285242103 |
|
Current
Age |
56 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1999-02-17 |
|
Address
(at time of appointment) |
7 Essenhout Avenue DOWERGLEN EXTENSION 4 1609 |
|
ID
Verification |
Yes |
Adverse
Information on Principal
Judgements
|
Number
Of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business
Information of Principal
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
|
ABB
HOLDINGS (PTY)LTD |
1954/000097/07 |
In Business |
0 |
No |
|
|
ABB
SERVICE (PTY) LTD |
1967/007298/07 |
Deregistration Final |
0 |
No |
|
|
ABB
KUTLWANONG (PTY) LTD |
1973/001395/07 |
Deregistration Final |
0 |
No |
|
|
ABB
AUTOMATION (PTY) LTD |
1978/003110/07 |
Deregistration Process |
0 |
No |
|
|
BRUMA
CONSULTING CC |
1989/036634/23 |
Deregistration Final |
0 |
No |
|
|
ABB
SUB-SAHARA AFRICA (PTY) LTD |
1992/002395/07 |
Deregistration Final |
0 |
No |
|
|
NBI-
NATIONAL BUSINESS INITIATIVE FOR GROWTH DEVELOPMENT AND DEMOCRACY |
1995/003141/08 |
In Business |
0 |
No |
|
|
ABB
INSTALLATION MATERIALS (PTY) LTD |
1995/007726/07 |
Deregistration Final |
0 |
No |
|
|
PRIMKOP
AIRPORT MANGEMENT (PTY) LTD |
1997/004630/07 |
In Business |
0 |
No |
|
|
ABB
HIGH VOLTAGE PRODUCTS (PTY) LTD |
1997/020350/07 |
Deregistration Final |
0 |
No |
|
|
LEXSHELL
99 PROPERTY HOLDINGS (PTY) LTD |
1997/020676/07 |
In Business |
0 |
No |
|
|
ALED
PROP CC |
2002/029167/23 |
In Business |
0 |
No |
|
Previous
Business Interests
|
Average
Age of Previous Business Interests |
34.2 years |
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
POWERTECH
TRANSFORMERS (PTY) LTD |
1951/00234/07 |
In Business |
0 |
No |
|
DESTA
POWER MATLA HOLDINGS (PTY LTD |
1960/002201/07 |
In Business |
0 |
No |
|
ALSTOM
POWER (PTY) LTD |
1971/013183/07 |
Dissolved |
0 |
No |
|
NELSPRUIT
AIRPORT OPERATING COMPANY (PTY) LTD |
2002/022026/07 |
In Business |
0 |
No |
|
SABRU
PROP CC |
2002/031441/23 |
Deregistration final |
0 |
No |
Deeds
Information
Property
Interests of Principal
|
Property
Interest 1 of 1 |
|||
|
Title
Deed No. |
T50407/2000 |
Erf/Site
No. |
|
|
Deeds
Office |
JOHANNESBURG |
Physical
Address |
3 ESSENHOUT DOWERGLEN SANDTON |
|
Property
Type |
FREEHOLD / ERVIN |
Extent
/ Size |
1319.0 SQM |
|
Purchase
Date |
1999-11-22 |
Purchase
price |
1160000.00 |
|
%
Ownership |
0.0000 |
Bond
Holder |
STANDARD BANK |
|
Bond
Number |
B296902000 |
Bond
Amount |
920000.00
|
Principal
6 of 7
|
Surname |
WANLAND |
|
First
Names |
PER GUNNAR |
|
Birth
Date |
491121 |
|
Current
Age |
62 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1999-07-11 |
|
Address
(at time of appointment) |
1939 Camargue Way HALFWAY HOUSE 1685 |
|
ID
Verification |
No |
Adverse
Information on Principal
Judgements
|
Number
Of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information of Principal
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
|
ABB
HOLDINGS (PTY)LTD |
1954/000097/07 |
In Business |
0 |
No |
|
|
ABB
KUTLWANONG (PTY) LTD |
1973/001395/07 |
Deregistration Final |
0 |
No |
|
|
LEXSHELL
99 PROPERTY HOLDINGS (PTY) LTD |
1997/020676/07 |
In Business |
0 |
No |
|
|
THE
NORDIC-SOUTH AFRICAN BUSINESS ASSOCIATION |
2007/033776/08 |
In Business |
0 |
No |
|
Previous
Business Interests
|
Average
Age of Previous Business Interests |
15.5 |
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
FLAKT
WOODS FANS (PTY) LTD |
1990/001518/07 |
In Business |
0 |
No |
|
ABB
HIGH VOLTAGE PRODUCTS (PTY) LTD |
1997/020350/07 |
Deregistration Final |
0 |
No |
|
DRILLHOLE
SURVEYING INSTRUMENTS (PTY) LTD |
001/027097/07 |
In Business |
0 |
No |
Recently
resigned
|
Surname |
DA MATTA |
|
First
Names |
JOSE |
|
ID
Number |
5401065003084 |
Principal 7 of 7
Mr Stefano Valgimigli has replaced the
recently resigned, Mr Jose Da Matta.
His details are currently unavailable.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.72 |
|
UK Pound |
1 |
Rs.71.96 |
|
Euro |
1 |
Rs.64.79 |
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.