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MIRA
INFORM REPORT
|
Report Date : |
21.07.2011 |
IDENTIFICATION DETAILS
|
Name : |
GEORGE STOTT AND COMPANY (PTY) LTD |
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Registered Office : |
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Country : |
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Date of Incorporation : |
09.03.1995 |
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Com. Reg. No.: |
1995/002140/07 |
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|
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Legal Form : |
Private Company |
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Line of Business : |
---- |
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 |
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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 – March 31st,
2010
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
|
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
Assessment:
This is an established company.
On contacting the company it was
stated by the Financial Manger that they are not prepared to assist with
information unless they are aware of who specifically is enquiring and for what
reason.
Should our client be able to
assist with further information please advise soonest.
However please see details
available below.
Company Information
|
Registered Name |
GEORGE STOTT AND COMPANY (PTY) LTD |
|
Trading as/ Division Name |
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|
Previous
Name |
|
|
Date
of Name Change |
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|
Registration
Number |
1995/002140/07 |
|
Registration
Date |
1995-03-09 |
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Date
Commenced Trading |
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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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|
Age
of Company |
16 years 4 months |
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Status |
|
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Operations
Assessment |
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|
Industry/
Customers |
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|
Export |
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|
Major
Industry Code / SICC |
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|
Definition
of Code |
|
|
Head
Office Physical Address |
INDUSTRIA 2093 |
|
Head
Office Postal Address |
INDUSTRIA 2042 |
|
Current
Tel Number Cell
number |
011 474 9150 |
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Current
Fax Number |
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|
Current
Email Address |
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|
Web
Site Address |
|
Auditors Information
|
Company
Registered Name |
BDO SOUTH AFRICA INC, Further details were not available. |
|
Trading
Name |
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|
Registration
Number |
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|
Physical
Address |
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|
Postal
Address |
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|
Contact
Person |
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|
Contact
Number |
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|
Email
|
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|
Principals |
|
|
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 |
|
|
Website |
|
Previous Auditors
|
Company Name/ Tel |
Time With Previous Auditors |
|
HLB BARNETT AND ASSOCIATES INC |
Unknown |
|
|
16 years |
Tax Information
|
Vat
Number |
4340202920 |
|
Status |
|
|
Vat
Liable Date |
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|
Tax
Number |
9246539846 |
|
Tax
Clearance Expire Date |
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|
Financial
Year End |
|
Black Economic Empowerment
|
Status |
Not Available |
|
Score |
|
|
Expire
Date |
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|
BEE
Certificate Available |
Yes/No |
ISO Status
|
Type
of ISO Grade |
|
|
ISO
Certificate |
Yes/ No |
|
ISO
Certificate Available |
Yes/No |
|
Certified
by an Accredited Agent |
Yes/No |
Workman’s compensation
|
Registered |
Yes/No |
|
Compliance
Certified |
Yes/No |
Company Structure
|
Branches |
Not
Available |
|
Branches Names |
Country |
Province |
|
Not
Available |
|
|
|
Subsidiary
Company |
Not Available |
|
Shareholding |
|
|
Registration
Number |
|
|
Import
/ Export |
|
|
Number
of Employees |
Not
Available |
|
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 |
|
Fleet
Operations |
Not
Available |
|
|
|
|
The
Fleet is made up of |
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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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Head
Office Owned/ Rented |
Not Available |
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Rental
Company |
|
|
Owned
by |
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|
Value |
|
|
Bond |
|
|
Bank |
|
|
Lease
Agreement |
|
|
Lease
Expire Date |
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|
Type
of Premises |
|
Trade References
|
Supplier |
Contact |
|
Not
Available |
|
Trade References
|
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
Not
Available |
|
|
|
|
|
|
Adverse Information on Subject
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil
Court |
None |
|
RDs |
None |
Default Data
|
Date |
Details |
|
None |
|
Notarial
Bonds
|
Date |
Details |
|
None |
|
Deeds Information
|
Property Interest |
|||
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Property Type: |
None |
Stand Number: |
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Street Number: |
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Street Name: |
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Municipal Suburb: |
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Township Name: |
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Province: |
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Deeds Office: |
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Transfer ID: |
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Title Deed Number: |
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Purchase Date: |
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Transfer Date: |
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Erf Size: |
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Sold Price: |
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Bank Information
|
Bank |
Not Available |
|
Branch |
|
|
Bank
Account Number |
|
|
Type
of Account |
|
|
Branch
Code |
|
|
Account
Name |
|
|
Overdraft
Facilities |
|
|
Date
Opened |
|
|
Bank
Code |
|
|
Bank
Comment |
|
Bank
Codes History
|
Date
requested |
Bank
Code |
Enquiry
Amount |
Number
of RD’s |
RD
amount |
RD
Date |
Bank
Comments |
|
Not Available |
|
|
|
|
|
|
Previous Bank Accounts
|
Banker |
Branch
Code |
Account
Holder |
Account
number |
Date
opened |
Years
with bank |
|
Not Available |
|
|
|
|
|
Financial Information
Financial Estimates
|
CURRENT
ASSETS |
Not Available |
|
Stock
|
|
|
Debtors |
|
|
Cash
on Hand |
|
|
FIXED
ASSETS |
|
|
Plant,
Equipment, Vehicles |
|
|
Property |
|
|
CURRENT
LIABILITIES |
|
|
Creditors
|
|
|
Loans/
From? |
|
|
LONG
TERM LIABILITIES |
|
|
Morgage
Bonds |
|
|
ANNUAL
/ MONTHLY Turnover |
|
|
Previous
Year Turnover |
|
|
Estimated
Current Year Turnover |
|
Principals
|
Number
of Principals |
6 |
|
Average
Age of Active Principals |
55 |
Active Principals
Principal 1 of 6
|
Surname |
VENTER |
|
First
Names |
JOHAN |
|
Marital
Status |
|
|
ID
Number |
6103265050084 |
|
Verified
ID Number |
Yes |
|
Current
Age |
50 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2009-11-09 |
|
Address
(at time of Appointment) |
WITPOORTJIE Roodepoort 1724 |
Adverse Information on Principal
Judgement
|
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 |
|
QUALITY
OVERHEAD LINE COMPONENTS (PTY) LTD |
1917/0005104/07 |
Voluntary
Liquidation |
0 |
No |
|
OVERHEAD
LINE SUPPLIES (PTY) LTD |
1977/002107/07 |
Deregistration
Process |
0 |
No |
|
GEO
STOTT EXPORTERS (PTY) LTD |
1991/006059/07 |
Dissolved |
0 |
No |
|
DIVE
DUDES CC |
2001/054979/23 |
Deregistration
Final |
0 |
No |
|
M M
AND G MINING AND ENGINEERING SERVICES (PTY) LTD |
2004/003548/07 |
In
Business |
0 |
No |
|
MMANDAG
STRUCTURAL ENGINEERING (PTY) LTD |
2007/023592/07 |
In
Business |
0 |
No |
Previous Business Interests
|
Average
Age of Previous Business Interests |
76 years |
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
WEMMER
PROPERTIES (PTY) LTD |
1935/006812/07 |
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 |
|
Principal 2 of 6
|
Surname |
VOS |
|
First
Names |
DAVID |
|
Marital
Status |
|
|
ID
Number |
6802065120084 |
|
Verified
ID Number |
Yes |
|
Current
Age |
43 |
|
Designation |
Manager |
|
Status |
Active |
|
Appointment
Date |
2009-11-09 |
|
Address
(at time of Appointment) |
VAALPARK 1948 |
Adverse Information on Principal
Judgement
|
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 |
|
VOIGHTPOST
EIENDOMME CC |
1997/028913/23 |
In
Business |
0 |
No |
|
M M
AND G MINING AND ENGINEERING SERVICES (PTY) LTD |
2004/003548/07 |
In
Business |
0 |
No |
Previous Business Interests
|
Average
Age of Previous Business Interests |
70 years |
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
INGERSOLL-RAND
COMPANY |
1922/007357/07 |
In
Business |
0 |
No |
|
GENREC
ENGINEERING (PTY) LTD |
1959/001681/07 |
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 |
|
Principal
3 of 6
|
Surname |
MARUMA |
|
First
Names |
MOKGERE |
|
Marital
Status |
|
|
ID
Number |
6204041285083 |
|
Verified
ID Number |
Yes |
|
Current
Age |
49 |
|
Designation |
Business Owner |
|
Status |
Active |
|
Appointment
Date |
2009-11-09 |
|
Address
(at time of Appointment) |
RANDJIESFONTEIN 1683 |
Adverse Information on Principal
Judgement
|
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 |
|
MAKGABO
PROPERTIES (PTY) LTD |
1998/001587/07 |
In
Business |
0 |
No |
|
M M
AND G MINING AND ENGINEERING SERVICES (PTY) LTD |
2004/003548/07 |
In
Business |
0 |
No |
|
HOOCHI
COOCHI CELLULAR (PTY) LTD |
2000/003770/07 |
Deregistration
Final |
0 |
No |
|
HOOCHI
COOCHI PROPERTIES (PTY) LTD |
2007/020364/07 |
In
Business |
0 |
No |
|
CALTEX
CORPORATE PARK |
6204041285083 |
|
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
12.5 years |
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
RUFUS
MARUMA MANAGEMENT SERVICES (PTY) LTD |
1997/005545/07 |
In
Business |
0 |
No |
|
HOOCHI
COOCHI POWER CC |
2000/021338/23 |
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 |
|
Principal 4 of 6
|
Surname |
SHEPPARD |
|
First
Names |
MALCOLM |
|
Marital
Status |
|
|
ID
Number |
4811215089083 |
|
Verified
ID Number |
Yes |
|
Current
Age |
63 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2008-04-22 |
|
Address
(at time of Appointment) |
BEDFORDVIEW 2007 |
Adverse Information on Principal
Judgement
|
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 |
|
PRANGLEYS
FINANCIAL SERVICES (PTY) LTD |
1970/015700/07 |
Deregistration
Process |
0 |
No |
|
BETTER
OFF (PTY) LTD |
1971/000015/07 |
In
Liquidation |
0 |
Yes |
|
CHROMITE
INVESTMENTS (PTY) LTD |
1995/007224/07 |
Deregistration
Process |
0 |
No |
|
BUSINESS
PARTNERS BROKERS (PTY) LTD |
1999/000014/07 |
Deregistration
Final |
0 |
No |
|
HLB
PRANGLEYS INC |
1999/006019/21 |
Deregistration
Final |
0 |
No |
|
M M
AND G MINING AND ENGINEERING SERVICES (PTY) LTD |
2004/003548/07 |
In
Business |
0 |
No |
|
HLB
BARNETT AND ASSOCIATES INC |
2004/003801/21 |
Deregistration
Final |
0 |
No |
|
HLB
BARNETT CHOWN (PTY) LTD |
2005/013547/07 |
In
Business |
0 |
No |
|
HLB
BARNETT CHOWN INC |
2006/011332/21 |
In
Business |
0 |
|
Previous Business Interests
|
Average
Age of Previous Business Interests |
15 years |
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
XPERT
BRANDS (PTY) LTD |
1982/005785/07 |
In
Business |
0 |
No |
|
ARCAY
GROUP LTD |
1991/003944/06 |
In
Liquidation |
0 |
Yes |
|
PFS
PROPERTIES (PTY) LTD |
1993/001852/07 |
Conversion |
0 |
No |
|
|
1993/0004087/08 |
In
Business |
0 |
No |
|
|
1995/007028/07 |
In
Business |
0 |
No |
|
MOTIFPROPS
1090 CC |
1997/029914/23 |
Deregistration
Final |
0 |
No |
|
ARCAY
PRIVATE FINANCIAL SERVICES (PTY) LTD |
1998/024642/07 |
Deregistration
Final |
0 |
No |
|
ROYMEC
(PTY) LTD |
2005/001644/07 |
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 |
|
Principal 5 of 6
|
Surname |
MORRIS |
|
First
Names |
NIEL JOHN |
|
Marital
Status |
|
|
ID
Number |
4210115110831 |
|
Verified
ID Number |
Yes |
|
Current
Age |
69 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2004-05-06 |
|
Address
(at time of Appointment) |
29A PARKTOWN NORTH 2193 |
Adverse Information on Principal
Judgement
|
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 |
|
None |
|
|
|
|
Previous Business Interests
|
Average
Age of Previous Business Interests |
None |
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
None |
|
|
|
|
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 |
|
Principal 6 of 6
|
Surname |
DEDWITH |
|
First
Names |
DENNIS |
|
Marital
Status |
|
|
ID
Number |
5211285066088 |
|
Verified
ID Number |
Yes |
|
Current
Age |
59 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2002-11-28 |
|
Address
(at time of Appointment) |
4 Klip Straat Farramere BENONI 1501 |
Adverse Information on Principal
Judgement
|
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 |
|
OVERHEAD
LINE SUPPLIES (PTY) LTD |
1977/002107/07 |
Deregistration
Process |
0 |
No |
|
DIAMOND-D
CATTLE FARM (PTY) LTD |
1997/020748/07 |
In
Business |
0 |
No |
|
PROLYNX
CORPORATION (PTY) LTD |
2000/002180/07 |
In
Business |
0 |
No |
|
ARGYLL-ARCH
PROJECTS DESIGN AND CONSULTINGCC |
2000/053869/23 |
In
Business |
0 |
No |
|
M M
AND G MINING ANDENGINEERING SERVICES (PTY) LTD |
2004/003548/07 |
In
Business |
0 |
No |
|
DORMELL
PROPERTIES 479 (PTY) LTD |
2005/018008/07 |
In
Business |
0 |
No |
|
MMANDAG
STRUCTURAL ENGINEERING (PTY) LTD |
2007/023592/07 |
In
Business |
0 |
No |
|
DJ
DEDWITH |
5211285066005 |
In
Business |
0 |
No |
Previous Business Interests
|
Average
Age of Previous Business Interests |
11 years |
|
Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
|
BUSH
PIGGY CONTRACTING CC |
1999/064749/237 |
In
Business |
0 |
No |
|
TWOLINE
TRADING 135 (PTY) LTD |
2000/002146/0 |
In
Business |
0 |
No |
|
FULLOUTPUT
75 (PTY) LTD |
2000/010135/07 |
In
Business |
0 |
No |
|
FULLOUTPUT
76 (PTY) LTD |
2000/010213/07 |
In
Business |
0 |
No |
|
FLEETWOOD
MEAT SUPPLIES (PTY) LTD |
2002/017551/07 |
In
Buisness |
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 |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian
Rupees |
|
US Dollar |
1 |
Rs.44.46 |
|
|
1 |
Rs.71.67 |
|
Euro |
1 |
Rs.62.94 |
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.