MIRA INFORM
REPORT
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Report Date : |
24.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
PINETOWN PRECISION ENGINEERING CC |
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Registered Office : |
21 Pineside Road, New Germany, 3610 |
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Country : |
South Africa |
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Date of Incorporation : |
24.02.1987 |
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Com. Reg. No.: |
1987/004351/23 |
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Legal Form : |
Closed Corporation |
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Line of Business : |
---- |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Undetermined |
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Payment
Behaviour : |
---- |
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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 – 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 |
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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 |
Assessment:
This is an established business.
The owner declined to confirm or assist with any information whatsoever.
We therefore have no information upon which to comment on the subject.
Please see attached online information available Bottom of Form
Company Statutory Information
|
Registered Business Name |
PINETOWN PRECISION ENGINEERING CC |
Trade Name |
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|
Previous
Business Name |
|
Registration
Number |
1987/004351/23 |
|
Name
Change Date |
|
Registration
Date |
1987-02-24 |
|
Type
Of Company |
CC |
Age
of Business |
24
Years 4 Months |
|
Date
Commenced |
1987-02-24 |
Commercial
Status |
In
Business |
|
Industry |
0
- Unknown Data |
H/O
- Physical Address |
21
PINESIDE ROAD, NEW GERMANY, 3610 |
|
Tax
Number |
9231008203 |
H/O
- Postal Address |
P
O BOX 487, NEW GERMANY, 3620 |
|
Financial
Year End |
February |
Description
Of Business |
No
Information Available |
|
Telephone
Number |
|
Fax
Number |
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|
Company
Email Address |
|
WebSite
Address |
|
No Of Enquiries 0
Other Possible Trading Names - (No Data Available)
Please note that this
section only applies to Sole Proprietors */ Partnerships*
Company Vat Information
|
Company Name |
VAT
Number |
VAT
Liable Date |
Status |
|
PINETOWN PRECISION ENGINEERING
CC |
4230103253 |
1991-09-30 |
ACTIVE |
Company Branch
Information - (No Data Available)
Auditor Information
|
Auditor Details |
Update Date Physical Address |
Postal Address Telephone No |
Profession No |
Auditor Status |
Years with Auditor |
|
EBDEN AND |
2010-12-17 |
P O BOX 1388, |
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Name |
17 |
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COMPANY |
|
PINETOWN, 3600 |
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Change |
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POSTNET SUITE |
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|
|
|
MANS |
2010-12-17 |
10101,
PRIVATE BAG X1005, HILLCREST, 3650 |
702735 |
Resign |
17 |
|
ROHAN PETER OSBORN |
2010-12-17 |
P O BOX 1666, PINETOWN, 3600 |
8958 |
Removed |
1 |
Adverse
Information
Judgments - (No Data Available)
Possible Judgments
- (No Data Available)
Property Interests
- (No Data Available)
Active Principals
Information
|
No. Of Principals |
1 |
|
Average Age Of Principals |
44 |
Principal - 1 of 1
HEATH REDMAN
Personal Information - HEATH REDMAN
|
ID Number |
6702285178088 |
Surname |
REDMAN |
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First Name |
HEATH |
Designation |
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Principal Type |
Member |
Share Percentage |
100.0000 |
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Appointment Date |
1999-11-15 |
Member's Contribution |
100.0000 |
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CM 29 Date |
|
Status |
Active |
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South African Resident |
No |
Country Of Residence |
ZA |
|
ID Verification |
Yes |
Confirmed By CIPRO |
Yes |
|
Home Address |
21 AUDLEY ROAD, WESTVILLE, 3630 |
Postal Address |
P O BOX 487, NEW GERMANY, 3620 |
|
Telephone No. (H) |
0317014181 |
Telephone No. (W) |
0317053821 |
|
Cellular/Mobile |
0829271689 |
E-mail Address |
|
|
Age |
44 |
Years With Business |
11 Years 7 Months |
Adverse Info - HEATH REDMA
No information recorded
|
Case No. |
Issue date |
Judgment Type |
Amount |
Plaintiff Name |
Court Name |
Attorney Name |
Attorney Phone No |
Case reason |
No Information Recorded
|
Debt Review |
|||
|
Debt Counsellor Name |
Debt Counsellor Contact No. |
Debt Review Date |
Status |
No Information Recorded
Company Information
- HEATH REDMAN
Current Business
Interests
|
Company
Name |
Registration
No |
Status |
Judgments |
Liquidations |
Age Of Business |
|
PINETOWN PRECISION ENGINEERING
CC |
1987/004351/23 |
In Business |
0 |
No |
24 Years 4 Months |
|
REDMAN
ENGINEERING SUPPLIES (TRANSVAAL) CC |
1993/021515/23 |
Deregistration
Process |
0 |
No |
17 Years 9 Months |
|
REDMAN COMPONENTS CC |
2001/005523/23 |
Deregistration
Process |
0 |
No |
10 Years 4 Months |
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||||
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Previous Business Interests |
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||||
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Company
Name |
Registration
No |
Status |
Judgments |
Liquidations |
Age Of Business |
No Information Recorded
Inactive Principals Information
No. Of Principals 5 Average
Age Of Principals 67
Principal - 1 of 5
LINDA REDMAN
Personal Information - LINDA REDMAN
|
ID Number |
5107260090087 |
Surname |
REDMAN |
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First Name |
LINDA |
Designation |
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Principal Type |
Member |
Share Percentage |
33.3000 |
|
Appointment Date |
2004-10-14 |
Member's Contribution |
0.6700 |
|
CM 29 Date |
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Status |
Resigned |
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South African Resident |
No |
Country Of Residence |
|
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ID Verification |
Yes |
Confirmed By CIPRO |
Yes |
|
Home Address |
8 THE TERRACE, 42 SPRINGFIELD ROAD, MORNINGSIDE,
4001 |
Postal Address |
P O BOX 1504, DURBAN, 4000 |
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Telephone No. (H) |
0312670702 |
Telephone No. (W) |
0312087094 |
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Cellular/Mobile |
312670702 |
E-mail Address |
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Age |
60 |
Years With Business |
|
Adverse Info - LINDA REDMAN
Judgments
|
Case No. |
Issue date |
Judgment Type |
Amount |
Plaintiff Name |
Court Name |
Attorney Name |
Attorney Phone No |
Case reason |
No Information Recorded
Adverse Info - PETER REDMAN
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Current Business Interests |
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||||
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Company
Name |
Registration
No |
Status |
Judgments |
Liquidations |
Age Of Business |
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Previous Business Interests |
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||||
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Company
Name |
Registration No |
Status |
Judgments |
Liquidations |
Age Of Business |
|
PINETOWN
PRECISION ENGINEERING CC |
1987/004351/23 |
In Business |
0 |
No |
24 Years 4 Months |
|
REDMAN COMPONENTS CC |
2001/005523/23 |
Deregistration
Process |
0 |
No |
10
Years 4 Months |
|
EIGHT SEVEN FIVE DELVILLE EXTENSION FOUR CC |
2002/026016/23 |
Deregistration Final |
0 |
No |
9 Years 2 Months |
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Property Interests - PETER REDMAN |
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||||
No Information Recorded
Principal - 3 of 5
CLIVE HOWARD
Personal Information - CLIVE HOWARD
|
ID Number |
4201095110086 |
Surname |
HOWARD |
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First Name |
CLIVE |
Designation |
Invalid Code |
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Principal Type |
Member |
Share Percentage |
10.0000 |
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Appointment Date |
1999-11-15 |
Member's Contribution |
0.2000 |
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CM 29 Date |
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Status |
Resigned |
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South African Resident |
Yes |
Country Of Residence |
|
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ID Verification |
Yes |
Confirmed By CIPRO |
Yes |
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Home Address |
14 PARK RIDGE AVENUE,
PINETOWN, 3610 |
Postal Address |
P O BOX 487, NEW GERMANY, 3610 |
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Telephone No. (H) |
0317090554 |
Telephone No. (W) |
317014181 |
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Cellular/Mobile |
0834796226 |
E-mail Address |
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Age |
69 |
Years With Business |
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Adverse Info - OWEN HOWARD
Debt Review
|
Judgments |
||||||||
|
Case No. |
Issue date |
Judgment Type |
Amount |
Plaintiff Name |
Court Name |
Attorney Name |
Attorney
Phone No |
Case reason |
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Current Business Interests |
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|||
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Company
Name |
Registration No |
Status
Judgments |
Liquidations |
Age Of Business |
|
HC MANUFACTURING CC |
2003/047696/23 |
Deregistration Final 0 |
No |
8 Years |
|
PERFORMANCE PART MANUFACTURING
CC |
2005/129691/23 |
Deregistration 0 Process |
No |
5 Years 9 Months |
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|||
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Previous Business Interests |
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|||
|
Company
Name |
Registration No |
Status
Judgments |
Liquidations |
Age Of Business |
|
PINETOWN PRECISION ENGINEERING
CC |
1987/004351/23 |
In
Business 0 |
No |
24 Years 4 Months |
|
REDMAN COMPONENTS CC |
2001/005523/23 |
Deregistration 0 Process |
No |
10 Years 4 Months |
|
Property Interests - |
OWEN HOWARD |
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|
|
No Information Recorded
Principal - 5 of 5
ANDREW GOODMAN
Personal Information - ANDREW GOODMAN
|
ID Number |
4912165180086 |
Surname |
GOODMAN |
|
First Name |
ANDREW |
Designation |
Invalid Code |
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Principal Type |
Member |
Share Percentage |
50.0000 |
|
Appointment Date |
|
Member's Contribution |
1.0000 |
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CM 29 Date |
|
Status |
Resigned |
|
South African Resident |
Yes |
Country Of Residence |
|
|
ID Verification |
Yes |
Confirmed By CIPRO |
Yes |
|
Home Address |
ONTBREEK, ONTBREEK, |
Postal Address |
ONTBREEK, ONTBREEK, |
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Telephone No. (H) |
0317173700 |
Telephone No. (W) |
0317641279 |
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Cellular/Mobile |
0832537474 |
E-mail Address |
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Age |
62 |
Years With Business |
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Adverse Info - ANDREW GOODMAN
|
Case No. |
Issue date |
Judgment Type |
Amount |
Plaintiff Name |
Court Name |
Attorney Name |
Attorney Phone No |
Case reason |
Judgments
|
Debt Review |
|||
|
Debt Counsellor Name |
Debt Counsellor Contact
No. |
Debt Review Date |
Status |
No Information Recorded
Current Business Interests
|
Company Name |
Registration No |
Status |
Judgments |
Liquidations |
Age
Of Business |
|
P
A PEARSON (PTY)LTD |
1973/006492/07 |
In
Business |
0 |
No |
38 Years 1 Months |
|
A M GOODMAN INVESTMENTS (PTY)LTD |
1992/003969/07 |
In
Business |
0 |
No |
18
Years 11 Months |
|
MICROFINISH
FOUNDRY CC |
1997/023079/23 |
Conversion CO/CC or CC/CO |
0 |
No |
14
Years 1 Months |
|
SCOPEFULL
39 (PTY)LTD |
2000/016044/07 |
In
Business |
0 |
No |
10 Years 11 Months |
|
HELIO
MICROFINISH SOUTH AFRICA (PTY)LTD |
2003/028853/07 |
In
Business |
0 |
No |
7
Years 7 Months |
|
MICROFINISH MANUFACTURING
(PTY)LTD |
2006/004248/07 |
In
Business |
0 |
No |
5
Years 4 Months |
|
|
|
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|
Previous Business Interests |
|
||||
|
Company
Name |
Registration No |
Status |
Judgments |
Liquidations |
Age Of Business |
|
PINETOWN PRECISION ENGINEERING CC |
1987/004351/23 |
In Business |
0 |
No |
24 Years 4 Months |
|
BLEISTAHL MANUFACTURING SOUTH AFRICA (PTY)LTD |
2003/029809/07 |
In Business |
0 |
No |
7 Years 7 Months |
|
Property Interests - ANDREW GOODMAN |
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||||
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Enquiry History - (No Data Available) |
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.93 |
|
UK Pound |
1 |
Rs.72.09 |
|
Euro |
1 |
Rs.64.21 |
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.