MIRA INFORM REPORT

 

 

Report Date :           

27.06.2011

 

IDENTIFICATION DETAILS

 

Name :

ADESSO HOME STORE (PTY)LTD

 

 

Registered Office :

Second Floor, 72 Grayston Drive, Sandown, 2196

 

 

Country :

South Africa

 

 

Date of Incorporation :

14.03.1973

 

 

Com. Reg. No.:

1973/003224/07

 

 

Legal Form :

Private company

 

 

Line of Business :

Retail trade, except of motor vehicles and motor cycles; repair of personal household goods

 

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 :

----

 

 

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

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 Bottom of Form

 

Assessment:

 

The correct name for the subject is Adesso Home Store (Pty) Ltd

 

On investigation it was established that the owner of the company is overseas for 2 weeks in Turkey.

 

An email questionnaire has been sent and we await a reply.

 

Please however see online information attached at present..                        

 

 

Company Statutory Information

 

Registered Business Name

ADESSO HOME STORE (PTY)LTD

Trade Name

 

Previous Business Name

 

Registration Number

1973/003224/07

Name Change Date

 

Registration Date

1973-03-14

Type Of Company

(PTY)LTD

Age of Business

38 Years 3 Months

Date Commenced

1973-03-14

Commercial Status

Conversion CO/CC or CC/CO

Industry

62 - Retail trade, except of motor vehicles and motor cycles; repair of personal household goods

H/O - Physical Address

SECOND FLOOR, 72 GRAYSTON DRIVE, SANDOWN, 2196

Tax Number

9257122847

H/O - Postal Address

P O BOX 652550, BENMORE, 2010

Financial Year End

February

Description Of Business

No Information Available

Telephone Number

 

Fax Number

 

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

ADESSO HOME STORE PTY LTD

4570119935

1991-09-30

ACTIVE

 

Company Branch Information - (No Data Available)

 

Company Division Information - (No Data Available)

Auditor Information

 

Auditor Details

Update Date    Physical Address

Postal Address

Telephone No

Auditor Profession No .

Status

Years with Auditor

LEVETON BONER

2010-08-23

P O BOX 652550,

 

Name

14

HORWATH

 

 

BENMORE, 2010

 

Change

 

 

 

 

 

Payment Notifications - (No Data Available)

 

Adverse Information

 

Judgments - (No Data Available)

 

Possible Judgments - (No Data Available) Property Interests - (No Data Available)

 

Active Principals Information

No. Of Principals

2

Average Age Of Principals

54

 

Principal - 1 of 2

 

ANNE PALMER

 

Personal Information - ANNE PALMER

ID Number

5503040046086

Surname

PALMER

First Name

ANNE

Designation

SHOWROOM MANAGER

Principal Type

Director

Share Percentage

0.0000

Appointment Date

 

Member's Contribution

0.0000

CM 29 Date

 

Status

Active

South African Resident

No

Country Of Residence

 

ID Verification

Yes

Confirmed By CIPRO

Yes

Home Address

30 BOEKENHOUT CRESCENT, RIVERCLUB, 2144

Postal Address

P O BOX 185, WENDYWOOD, 2144

Telephone No. (H)

0117066857

Telephone No. (W)

0114441479

Cellular/Mobile

0767734432

E-mail Address

 

Age

56

Years With Business

Unknown

 

 

Adverse Info - ANNE PALMER

 

Judgments

 

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 - ANNE PALMER

 

Current Business Interests

Company Name

Registration No

Status

Judgments

Liquidations

Age Of Business

ADESSO HOME STORE (PTY)LTD

1973/003224/07

Conversion CO/CC or CC/CO

0

No

38 Years 3 Months

DATABASE SOLUTIONS CC

1992/011758/23

In Business

0

No

19 Years 2 Months

 

 

Previous Business Interests

 

Company Name

Registration No

Status

Judgments

Liquidations

Age Of Business

PLACE DIRECT CC

1992/011759/23

In Business

0

No

19 Years 2 Months

ADESSO WHOLESALE CC

2004/105265/23

In Business

0

No

6 Years 8 Months

Property Interests - ANNE PALMER

 

 

No Information Recorded

 

Principal - 2 of 2

 


FRANCIS PALMER

 

Personal Information - FRANCIS PALMER

ID Number

5907105883186

Surname

PALMER

First Name

FRANCIS

Designation

Director

Principal Type

Director

Share Percentage

0.0000

Appointment Date

 

Member's Contribution

0.0000

CM 29 Date

1996-10-12

Status

Active

South African Resident

Yes

Country Of Residence

 

ID Verification

Yes

Confirmed By CIPRO

Yes

Home Address

30 BOEKENHOUT CRESCENT, RIVERCLUB, 2144

Postal Address

PO BOX 185, WENDYWOOD, 2144

Telephone No. (H)

0117066851

Telephone No. (W)

0114441479

Cellular/Mobile

0825589868

E-mail Address

 

Age

52

Years With Business

Unknown

 

Adverse Info - FRANCIS PALMER

Judgments

 

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 - FRANCIS PALMER

 

Current Business Interests

 

Company Name

Registration No

Status

Judgments

Liquidations

Age Of Business

ADESSO HOME STORE (PTY)LTD

1973/003224/07

Conversion CO/CC or CC/CO

0

No

38 Years 3 Months

PLACE DIRECT CC

1992/011759/23

In Business

0

No

19 Years 2 Months

ADESSO WHOLESALE CC

2004/105265/23

In Business

0

No

6 Years 8 Months

LAGOURMANDE FOOD

SPECIALIST CC

2008/013262/23

Deregistration Final

0

No

3 Years 5 Months

 

 

Previous Business Interests

 

Company Name

Registration No

Status

Judgments

Liquidations

Age Of Business

DATABASE SOLUTIONS CC

1992/011758/23

In Business

0

No

19 Years 2 Months

Property Interests - FRANCIS PALMER

 

No Information Recorded

 

 

 

Inactive Principals Information

 

 

No. Of Principals 1 Average Age Of Principals 87

 

Principal - 1 of 1

 

HEINZ KALLENBACH

 

Personal Information - HEINZ KALLENBACH

ID Number

2402185068000

Surname

KALLENBACH

First Name

HEINZ

Designation

Director

Principal Type

Director

Share Percentage

0.0000

Appointment Date

2001-05-23

Member's Contribution

0.0000

CM 29 Date

1996-10-12

Status

Resigned

South African Resident

Yes

Country Of Residence

 

ID Verification

Yes

Confirmed By CIPRO

Yes

Home Address

6 MANOR MEWS, DAHLIA STREET, GALLO MANOR, 2148

Postal Address

P O BOX 1225, GALLO MANOR, 2052

Telephone No. (H)

0118021365

Telephone No. (W)

0118027111

Cellular/Mobile

 

E-mail Address

 

Age

87

Years With Business

 

 


 

Adverse Info - HEINZ KALLENBACH

Judgments

 

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

 

 

Adverse Info - HEINZ KALLENBACH

Current Business Interests

 

Company Name

Registration No

Status

Judgments

Liquidations

Age Of Business

THE BUBBLE SHOP (PTY)LTD

1968/009978/07

In Liquidation

0

Yes

42 Years 10 Months

 

 

Previous Business Interests

 

Company Name

Registration No

Status

Judgments

Liquidations

Age Of Business

^TYf™^ STORE 1973/003224/07

Property Interests - HEINZ KALLENBACH

Conversion CO/CC or CC/CO

0

No

38 Years 3 Months

 

 

No Information Recorded

 

Enquiry History - (No Data Available)


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.94

UK Pound

1

Rs.71.89

Euro

1

Rs.64.09

 

 

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%)

 

 

 

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.