MIRA INFORM REPORT
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Report Date : |
07.10.2011 |
IDENTIFICATION DETAILS
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Name : |
C AND J SERVICES AUTOMOTIVE CC |
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Registered Office : |
C and J Business Centre, Congella, Durban |
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Country : |
South Africa |
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Date of Incorporation : |
25.06.1987 |
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Com. Reg. No.: |
1987/014559/23 |
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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 |
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<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
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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South Africa |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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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 |
On investigation
contact was made with the accountant of the business.
She was reluctant to
assist with any information unless she knew exactly who was enquiring.
However, we
forwarded a questionnaire andwait to see if she will provide any information.
Should youwish to
provide the identity of your client please advise soonest.
We are therefore not
in a position to recommend credit dealings.
Please see the
available information below.
Company Information
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Registered
Name |
C AND J SERVICES AUTOMOTIVE CC |
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Previous Name |
None |
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Date of Name
Change |
N/A |
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Registration
Number |
1987/014559/23 |
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Registration
Date |
1987-06-25 |
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Head Office
Physical Address |
C and J Business Centre CONGELLA Durban |
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Head Office
Postal Address |
P O Box 17278 Sydney Road |
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Current Tel
Number Cell number |
031 2059365 |
Auditors Information
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Company
Registered Name |
RSM BETTY AND DICKSON |
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Postal Address |
PO Box 2120 WESTVILLE 3630 |
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SAICA number |
902950 |
Previous Auditors
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Company Name/ Tel |
Time With Previous Auditors |
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None |
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Tax Information
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Vat Number |
Unavailable |
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Status |
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Vat Liable Date |
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Tax Number |
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Tax Clearance
Expire Date |
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Financial Year
End |
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Black Economic
Empowerment
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Status |
Unavailable |
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Score |
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Expire Date |
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BEE Certificate
Available |
Yes/No |
ISO Status
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Type of ISO
Grade |
Unavailable |
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ISO Certificate |
Yes/No |
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ISO Certificate
Available |
Yes/No |
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Certified by
anAccredited Agent |
Yes/No |
Workman’s
compensation
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Registered |
Unavailable |
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Compliance
Certified |
Yes/No |
Company Structure
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Branches |
Unavailable |
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Branches Names |
Country |
Province |
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Unavailable |
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Subsidiary
Company |
Unavailable |
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Shareholding |
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Registration
Number |
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Import / Export |
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Number of
Employees |
Unavailable |
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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 |
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Fleet Operations |
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The Fleet is
made up of |
Unavailable |
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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 OfficeOwned/
Rented |
Unavailable |
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Rental Company |
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Owned by |
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Value |
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Bond |
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Bank |
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Lease Agreement |
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Lease Expire
Date |
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Type of Premises |
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Trade References
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Supplier |
Contact |
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Unavailable |
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Trade References
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Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
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Unavailable |
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Adverse
Information on Subject
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Judgements |
None |
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Possible
Judgements |
None |
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Civil Court |
None |
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RDs |
None |
Default Data
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Date |
Details |
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None |
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Notarial Bonds
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Date |
Details |
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None |
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Deeds Information
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Property Interest |
|||
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Title Deed No. |
None on record |
Erf/Site No. |
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Deeds Office |
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Physical Address |
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Property Type |
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Extent / Size |
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Purchase Date |
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Purchase price |
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% Ownership |
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Bond Holder |
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Bond Number |
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Bond Amount |
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Bank Information
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Bank |
Unavailable |
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Branch |
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Bank Account
Number |
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Type of Account |
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Branch Code |
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Account Name |
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Overdraft
Facilities |
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Date Opened |
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Bank Code |
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Bank Comment |
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Bank CodesHistory
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Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
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None |
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Previous Bank
Accounts
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Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
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None |
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Financial Information
Financial
Estimates
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CURRENT ASSETS |
Unavailable |
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Stock |
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Debtors |
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Cash on Hand |
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FIXED ASSETS |
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Plant,
Equipment, Vehicles |
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Property |
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CURRENT
LIABILITIES |
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Creditors |
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Loans/ From? |
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LONG TERM
LIABILITIES |
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Morgage Bonds |
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ANNUAL / MONTHLY
Turnover |
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Previous Year
Turnover |
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Estimated
Current Year Turnover |
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Principals
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Number of
Principals |
1 |
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Average Age of
Active Principals |
65 |
Active Principals
Principal 1 of 1
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Surname |
FRYER |
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First Names |
CAROLYN CHRISTINE |
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Marital Status |
Married |
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ID Number |
4605060058006 |
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Verified ID
Number |
Yes |
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Current Age |
65 |
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Designation |
Member |
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Status |
Active |
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Appointment Date |
Not on Record |
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Address (at time of
Appointment) |
4 Wanless Road GLENMORE DURBAN 4001 |
Adverse
Information on Principal
Judgement
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Number of
Judgements |
None |
Debt Review
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Debt review |
None |
Other
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Default data |
None |
Business Information on
Principal
Current Business Interests
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Company
Name |
Registration
No |
Status |
Judgements |
Liquidation |
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C AND J SPARES
(PTY) LTD |
2002/004974/07 |
In Business |
0 |
No |
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C AND J SERVCIES
(PTY) LTD |
2005/018282/07 |
In Business |
0 |
No |
Previous Business
Interests
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Average Age of
Previous Business Interests |
None |
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Company Name |
Registration No |
Status |
Judgements |
Liquidation |
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None |
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Deeds Information
Property Interests of
Principle
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Property Interest |
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Title Deed No. |
None |
Erf/Site No. |
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Deeds Office |
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Physical Address |
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Property Type |
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Extent / Size |
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Purchase Date |
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Purchase price |
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% Ownership |
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Bond Holder |
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Bond Number |
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Bond Amount |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.19 |
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UK Pound |
1 |
Rs.75.92 |
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Euro |
1 |
Rs.65.44 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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---- |
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.