MIRA INFORM REPORT
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Report Date : |
18.10.2011 |
IDENTIFICATION DETAILS
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Name : |
BONTRADE WHOLESALERS CC |
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Registered Office : |
522 Mitchell Street, Pretoria West |
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Country : |
South Africa |
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Date of Incorporation : |
08.07.1996 |
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Com. Reg. No.: |
1996/032318/23 |
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Legal Form : |
Closed Corporation |
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Line of Business : |
---- |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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South Africa |
a2 |
a2 |
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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 |
Assessment:
On investigation attempts to contact the subject proved unsuccessful.
The number submitted does not connect and switches off when dialed.
When testing the number it was established there is a problem with the
account.
Contact was then made with the Auditors tel:012 3742191.
It was stated they have no current for the business and no available
contact details.
It seems as though the company has closed.
However please assist in any other contact details so we can commence
further investigations.
We cannot recommend any credit dealings at present.
Please see available information below.
Company Information
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Registered
Name |
BONTRADE WHOLESALERS CC |
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Trading
as/ Division Name |
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Previous Name |
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Date of Name
Change |
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Registration
Number |
1996/032318/23 |
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Registration
Date |
1996-07-08 |
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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 |
15 years 3 months |
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Status |
In Business |
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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 |
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Head Office
Physical Address |
522 Mitchell Street Pretoria West |
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Head Office
Postal Address |
P O Box 13676 |
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Current Tel
Number Cell number |
012 9910146 |
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Current Fax
Number |
012 9912160 |
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Current Email
Address |
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Web Site Address |
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Auditors Information
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Company
Registered Name |
S AHMED AND COMPANY |
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Trading Name |
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Registration
Number |
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Physical Address |
Cnr Tangerine Street and Sixth Street LAUDIUM CENTURION 0157 |
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Postal Address |
P O Box 13200 LAUDIUM 0037 |
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Contact Person |
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Contact Number |
012 3742191 |
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Email |
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Principals |
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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 |
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Website |
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Previous Auditors
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Company Name/ Tel |
Time With Previous Auditors |
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Unavailable |
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Tax Information
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Vat Number |
4890245824 |
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Status |
SUSPENDED? |
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Vat Liable Date |
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Tax Number |
9026016643 |
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Tax Clearance
Expire Date |
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Financial Year
End |
February |
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 |
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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 |
Yes/No |
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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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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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1.
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
Records |
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 |
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 |
28 |
Active Principals
Principal 1 of 1
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Surname |
KUMAR |
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First Names |
SANJEEV |
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Marital Status |
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ID Number |
830510 |
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Verified ID
Number |
No |
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Current Age |
28 |
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Designation |
Member |
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Status |
Active |
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Appointment Date |
2006-03-14 |
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Address (at time
of Appointment) |
94 Kipling Street SALT RIVER Cape Town |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
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Default data |
None |
Business Information on Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
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None |
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Previous Business
Interests
|
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
|
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
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.89 |
|
UK Pound |
1 |
Rs.77.31 |
|
Euro |
1 |
Rs.67.79 |
RATING EXPLANATIONS
|
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 |
|
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 |
|
<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.