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MIRA INFORM REPORT
|
Report Date : |
22.10.2011 |
IDENTIFICATION DETAILS
|
Name : |
WOOLWORTHS (PTY) LTD |
|
|
|
|
Registered Office : |
93 Longmarket Street, Cape Town, 8000 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
02.03.1956 |
|
|
|
|
Com. Reg. No.: |
1956/000518/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Retailing of clothing, food and household products |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment
Behaviour : |
No Complaints |
|
|
|
|
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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
South Africa |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company summary
|
Subject Name |
WOOLWORTHS (PTY) LTD |
|
Country |
SOUTH AFRICA |
|
Requested Credit Limit |
MAX |
|
Enquiry Terms |
D/A |
|
Account Review |
Recommended Every 6 months |
|
Subject Contact person |
ALISON DAVIES- assistant company secretary |
|
Assessment |
Total Credit Limit Exposure: Total Suretyship: None This is a well established and well connected company. The subject forms part of a large group and is represented throughout South Africa.Commitments with suppliers are being met timeously. We traceda maximum figure of R20 000 000. |
Company Information
|
Registered Name |
WOOLWORTHS (PTY) LTD |
|
Trading as/ Division Name |
None |
|
Previous Name |
None |
|
Date of Name Change |
N/A |
|
Registration Number |
1956/000518/07 |
|
Registration Date |
1956-03-02 |
|
Date Commenced Trading |
Prior to 1956 |
|
Age of Business |
55 years 7 months |
|
History of Business |
The subject has been in existence for many years and changed style
prior to 1956. |
|
Shareholders/Members/Partners of subject
and % holding |
100% WOOLWORTHS HOLDINGS LTD Listed on the JSE. |
|
Authorised Share Capital |
Nominal |
|
Issued Share Capital/Members Contribution |
Nominal |
|
Status |
This Business is Active |
|
Operations Assessment |
Retailing of clothing, food and household
products. |
|
Industry/ Customers |
Public |
|
Export |
Yes , to neighbouring countries |
|
Major Industry Code / SICC |
62321, 62322, 62324, 62209 Retail |
|
Definition of Code |
Retail of Mans and boys clothing, ladies
and girl’s clothing, shoes and food and beverages. |
|
Head Office Physical Address |
93 Longmarket Street CAPE TOWN 8000 |
|
Head Office Postal Address |
P O Box680 CAPE TOWN 8000 |
|
Current Tel Number |
021 4079111 |
|
Current Fax Number |
021 4073924 |
|
Current Email Address |
|
|
Web Site Address |
Auditors Information
|
Company Registered Name |
ERNST AND YOUNG CAPE TOWN |
|
Trading Name |
ERNST & YOUNG INC |
|
Registration Number |
2005/002308/21 |
|
Physical Address |
35 Lower Long Street CAPE TOWN Western Cape |
|
Postal Address |
P O Box 656 CAPE TOWN 8000 |
|
Contact Person |
MR R ISSACS |
|
Contact Number |
021 4420200 |
|
Email |
Nadeema.khan@za.ey.com |
|
Principals |
25 directors |
|
Judgements Against Subject |
None |
|
Judgements Against Principals |
None |
|
Subject Verified as Client |
No |
|
SAICA number |
Not forthcoming |
|
VAT Number |
4280230949 |
|
Tax Number |
9414606153 |
|
BEE Status |
Yes, Level 2 |
|
Financial Year End |
June |
|
Years With Auditors |
Many years |
|
Website |
www.ey.com |
Previous Auditors
|
Company Name |
Phone Number |
Time with previous
auditors |
|
None |
|
|
Tax Information
|
Vat Number |
4550102216 |
|
Status |
Active |
|
Vat Liable Date |
Monthly |
|
Tax Number |
9487806714 |
|
Tax Clearance Expire Date |
June |
|
Financial Year End |
June |
Black Economic Empowerment
|
Status |
Yes |
|
Score |
Level 4 |
|
Expire Date |
August 2012 |
|
BEE Certificate Available |
No |
ISO Status
|
Type of ISO Grade |
Unknown |
|
ISO Certificate |
Yes/No |
|
ISO Certificate Available |
Yes/No |
|
Certified by an Accredited Agent |
Yes/No |
Workman’s compensation
|
Registered |
Yes |
|
Compliance Certified |
Yes |
Company Structure
Subsidiaries
Please see attached document naming subsidiaries in the group.
The subject only has a few subsidiaries that are dormant companies and deemed not necessary to
Mention.
|
Number of
Employees |
20 000 |
|
1. Salaried
employees |
X |
|
2. Waged
employees |
|
|
3. Permanent
employees |
X |
|
4. Casual
employees |
X |
|
5. Contracted
employees |
|
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
|
Fleet Operations |
|
|
|
|
|
The Fleet is made up of |
The subject
outsources all its deliveries so does not have its own fleet. |
|||
|
1. Cars |
|
|
|
|
|
2. Light
Delivery Vehicles |
|
|
|
|
|
3. Trailers |
|
|
|
|
|
4. Busses |
|
|
|
|
|
5. Trucks |
|
|
|
|
|
6. Fork
Lifts |
|
|
|
|
|
7. Other |
|
|
|
|
|
Offices |
Cape Town |
Head Office Owned/ Rented |
Rented |
|
Rental Company |
Unknown |
|
Owned by |
|
|
Value |
|
|
Bond |
|
|
Bank |
|
|
Lease Agreement |
Yes |
|
Lease Expire Date |
Unknown |
|
Type of Premises |
Offices and warehouse |
|
Branches Names |
Country |
Province |
|
400 |
South Africa |
All Provinces |
Branches Owned/ Rented |
Mostly leased except a few including warehouses that are owned by
group companies. |
|
Rental Company |
|
|
Owned |
|
|
Value |
|
|
Bank |
|
|
Bond |
|
|
Lease Agreement |
|
|
Lease Expire Date |
|
|
Type of Premises |
Mostly retail outlets and warehouses. |
Management Overview
Organisation chart
|
Level |
Position |
Name |
|
1 |
Chairman |
IAN MOIR |
|
2 |
Director |
NORMAN THOMSON |
|
2 |
Director |
ZYDA RYLANDS |
|
3 |
Management |
Various including store managers |
Company Structure
(Ownership)
Note: One level up and
all levels down
|
Holding |
Company |
Sub |
|
WOOLWORTHS HOLDINGS LTD |
WOOLWORTHS (PTY) LTD |
Few dormant companies |
Trade
References
Key
deals signed within the past 12 months.
|
Company |
Value |
Contact |
|
None |
|
|
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
|
1 |
SEARDEL |
021 7943600 |
|
|
|
2 |
QK MEATS |
011 4050000 |
None |
None |
|
3 |
JACQUESHAU |
021 7610133 |
None |
None |
|
4 |
IMPERIAL
LOGISTICS |
021 5283200 (fast and fresh) |
None |
None |
Trade References
Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
2 |
7 years |
None |
R20 000 000 |
7 days |
R20 000 000 |
7 days |
Excellent |
|
3 |
15 years |
None |
R6 000 000 |
7 days |
R5-6 000
000 |
7 days |
Very Good |
|
4 |
10 years |
None |
R7 000 000 |
7 days |
R7 000 000 |
7 days |
Very Good |
Adverse
Information on Subject
Judgements
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil Court |
None |
|
RDs |
None |
Business Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
|
None |
|
|
|
Default Listings
|
Date |
Details |
|
None |
|
Notarial Bonds
|
Date |
Details |
|
None |
|
Bank Information
|
Bank |
STANDARD BANK |
|
Branch |
Adderley Street, Cape Town |
|
Bank Account Number |
Not available |
|
Type of Account |
Current |
|
Account Name |
WOOLWORTHS (PTY) LTD |
|
Bank Code |
None |
|
Bank Comment |
The subject s account number was not provided therefore a bank code could
not be obtained. The subject is however deemed as sound financially due to
its status. |
Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
Years with bank |
|
None |
|
|
|
|
|
|
|
Previous Bank
Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
None |
|
|
|
|
|
Deeds
Information
Property
Interestsfor Company WOOLWORTHS (PTY) LTD
|
Title Deed No. |
T62380/1998 |
Erf/Site No. |
|
|
Deeds Office |
JOHANNESBURG |
Physical Address |
39 ALBERTON NEW REDRUTH |
|
Property Type |
Freehold/ Ervin |
Extent / Size |
5087.0SQM |
|
Purchase Date |
1997-06-30 |
Purchase price |
R27235271 |
|
% Ownership |
0.0000 |
Bond Holder |
R0 |
|
Bond Number |
|
Bond Amount |
|
|
Title Deed No. |
T44689/2003 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
7 CORPORATION CAPE TOWN CITY CENTRE CAPE TOWN |
|
Property Type |
Freehold/ Ervin |
Extent / Size |
211.0SQM |
|
Purchase Date |
2003-01-15 |
Purchase price |
R2280000 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R0 |
|
Title Deed No. |
T77626/2003 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
126 MAIN CLAREMONT SOUTHERN SUBURBS |
|
Property Type |
Freehold/Ervin |
Extent / Size |
3947.OSQM |
|
Purchase Date |
2002-08-12 |
Purchase price |
R152240 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
K11245001S |
Bond Amount |
R0 |
|
Title Deed No. |
T68014/1998 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
34 ADDERLEY CAPE TOWN CITY CENTRE CAPE TOWN |
|
Property Type |
Freehold/Ervin |
Extent / Size |
885.0SQM |
|
Purchase Date |
1997-06-30 |
Purchase price |
R56184677 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R0 |
|
Title Deed No. |
T68014/1998 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
41 SAINT GEORGES MALL CAPE TOWN CITY CENTRE CAPE TOWN |
|
Property Type |
Freehold/Ervin |
Extent / Size |
2088.OSQM |
|
Purchase Date |
1997-06-30 |
Purchase price |
R56184667 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R0 |
|
Title Deed No. |
T82760/2005 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
ROOIHUISKRAAL CENTURION |
|
Property Type |
Farms |
Extent / Size |
51.260H |
|
Purchase Date |
2005-02-11 |
Purchase price |
R19541152 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R0 |
|
Title Deed No. |
T82760/2005 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
ROOIHUISKRAAL CENTURION |
|
Property Type |
Farms |
Extent / Size |
47.7623H |
|
Purchase Date |
2005-02-11 |
Purchase price |
R19541152 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R0 |
|
Title Deed No. |
T56338/1998 |
Erf/Site No. |
|
|
Deeds Office |
JOHANNESBURG |
Physical Address |
26 FORTUNE CITY DEEP JOHANNESBURG SOUTH |
|
Property Type |
Freehold/ Ervin |
Extent / Size |
4297.0SQM |
|
Purchase Date |
1997-06-30 |
Purchase price |
R17010007 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R0 |
|
Title Deed No. |
T56338/1998 |
Erf/Site No. |
|
|
Deeds Office |
JOHANNESBURG |
Physical Address |
15 NIEHAUS CITY DEEP JOHANNESBURG SOUTH |
|
Property Type |
Freehold/ Ervin |
Extent / Size |
4616.0SQM |
|
Purchase Date |
1997-06-30 |
Purchase price |
R17010007 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R0 |
|
Title Deed No. |
T56338/1998 |
Erf/Site No. |
|
|
Deeds Office |
JOHANNESBURG |
Physical Address |
11 NIEHAUS CITY DEEP JOHANNESBURG SOUTH |
|
Property Type |
Freehold/ Ervin |
Extent / Size |
5281.0SQM |
|
Purchase Date |
1997-06-30 |
Purchase price |
R17010007 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R0 |
|
Title Deed No. |
T56338/1998 |
Erf/Site No. |
|
|
Deeds Office |
JOHANNESBURG |
Physical Address |
5 NIEHAUS CITY DEEP JOHANNESBURG SOUTH |
|
Property Type |
Freehold/ Ervin |
Extent / Size |
4306.0SQM |
|
Purchase Date |
1997-06-30 |
Purchase price |
R17010007 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R0 |
|
Title Deed No. |
T56338/1998 |
Erf/Site No. |
|
|
Deeds Office |
JOHANNESBURG |
Physical Address |
1 NIEHAUS CITY DEEP JOHANNESBURG SOUTH |
|
Property Type |
Freehold/ Ervin |
Extent / Size |
4391.0SQM |
|
Purchase Date |
1997-06-30 |
Purchase price |
R17010007 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R0 |
|
Title Deed No. |
T56338/1998 |
Erf/Site No. |
|
|
Deeds Office |
JOHANNESBURG |
Physical Address |
10 ENDEAN CITY DEEP JOHANNESBURG SOUTH |
|
Property Type |
Freehold/ Ervin |
Extent / Size |
4927.0SQM |
|
Purchase Date |
1997-06-30 |
Purchase price |
R17010007 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R0 |
|
Title Deed No. |
T25527/1998 |
Erf/Site No. |
|
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
4-8 MALONE MAXMEAD
PINETOWN |
|
Property Type |
Freehold/ Ervin |
Extent / Size |
2.9661SQM |
|
Purchase Date |
1997-06-30 |
Purchase price |
R19380 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R0 |
|
Title Deed No. |
T41270/2006 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
|
|
Property Type |
Freehold/Ervin |
Extent / Size |
3.90H |
|
Purchase Date |
2006-02-03 |
Purchase price |
R41040000 |
|
% Ownership |
0.0000 |
Bond Holder |
SANLAM LIFE INSURANCE LTD |
|
Bond Number |
B560472006 |
Bond Amount |
R27500000 |
|
Title Deed No. |
T65945/1998 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
GREENACRES PORT ELIZABETH |
|
Property Type |
Freehold/Ervin |
Extent / Size |
1.5400SQM |
|
Purchase Date |
1997-06-30 |
Purchase price |
R30632811 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R0 |
|
Title Deed No. |
T68552/1998 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
484 10TH GEZINA PRETORIA |
|
Property Type |
Freehold/ Ervin |
Extent / Size |
1.208H |
|
Purchase Date |
1997-06-30 |
Purchase price |
R7866000 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R0 |
|
Title Deed No. |
T68551/1998 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
|
|
Property Type |
Freehold/ Ervin |
Extent / Size |
2905.0SQM |
|
Purchase Date |
1997-06-30 |
Purchase price |
R7620900 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R0 |
Financial
Information
Financial
Estimates
Please see the latest group figures attached.
Please note the
following:
|
Turnover and assets less than R 1,000,000.00 |
The subject falls within the National Credit Act |
|
Turnover and assets less than R 2,000,000.00 |
The subject falls within the Consumer Protection Act |
Principals
|
Number of Principals |
3 |
|
Average Age of Active Principals |
|
Active Principals
Principal 1 of 7: IAN MOIR
|
Surname |
MOIR |
|
First Name |
IAN |
|
Other Names |
None |
|
ID Number |
581210 |
|
Verified ID Number |
No |
|
Current Age |
53 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2010-01-01 |
|
Physical Address (at time of Appointment) |
1 Florida Steps BANTRY BAY 8001 |
|
Postal Address |
P O Box 680 CAPE TOWN 8000 |
|
Current Tel Number |
None on record |
|
Cell number |
None on record |
|
Current Fax Number |
None on record |
|
Shareholding |
(if the principal owns shares) |
Adverse Information for
IAN MOIR
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for IAN MOIR
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
WOOLWORTHS
HOLDINGS LTD |
1929/001986/06 |
In Business |
81 years 11
months |
0 |
No |
|
COUNTRY ROAD
VENTURES (INC In Australia) |
2010/014092/10 |
In Business |
1 year 4 months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Deeds
Information
Property Interestsfor IAN MOIR
|
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 3:
ZYDA RYLANDS
|
Surname |
RYLANDS |
|
First Name |
ZYDA |
|
Other Names |
None |
|
ID Number |
6411100181026 |
|
Verified ID Number |
Yes |
|
Current Age |
47 |
|
Designation |
Executive |
|
Status |
Active |
|
Appointment Date |
2004-07-01 |
|
Physical Address (at time of Appointment) |
28 Autumn Street GREENHAVEN CAPE TOWM 8000 |
|
Postal Address |
P O Box 680 CAPE TOWN 8000 |
|
Current Tel Number |
083 4409724 |
|
Cell number |
083 4409724 |
|
Shareholding |
(if the principal owns shares) |
Adverse
Information for ZYDA RYLANDS
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for ZYDA RYLANDS
Current Business
Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
WOOLWORTHS
HOLDINGS LTD |
1929/001986/06 |
In Business |
81 years 11
months |
0 |
No |
|
NATIONAL URBAN
RECONSTRUCTION AND HOUSING AGENCY |
1995/004248/08 |
In Business |
16 years 5
months |
0 |
No |
|
OPEN SOCIETY
FOUNDATION FOR SOUTH AFRICA |
1995/012103/08 |
In Business |
15 years 11
months |
0 |
No |
|
AFRICAN
OUTSOURCE INTERFACE (PTY) LTD |
1998/009486/07 |
Deregistration
Process |
13 years 5
months |
0 |
No |
|
GILTEDGE DMC
(PTY) LTD |
2001/028398/07 |
In Business |
9 years 11
months |
0 |
No |
|
CENTRE
FORJUSTICE AND CRIME PREVENTION |
2005/012780/08 |
In Business |
6 years 5 months |
0 |
No |
|
AFRICAN
CAPITALPROPERTY PORTFOLIO LTD |
2006/024468/06 |
In Business |
5 years 2 months |
0 |
No |
|
DISTINCTIVE
CHOICE 1474 CC |
2006/157183/23 |
Deregistration Process |
5 years 1 month |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
28 years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
FIRSTRAND BANK
LTD |
1929/001225/06 |
In Business |
82 years 9
months |
9 |
No |
|
FIRSTRAND EMA
HOLDINGS LTD |
1971/009695/06 |
In Business |
40 years 2
months |
0 |
No |
|
BLACK MANAGEMENT
FORUM |
1981/001893/08 |
In Business |
30 years 8
months |
0 |
No |
|
AUTUMN SKIES
TRADING 356 CC |
2007/115647/23 |
Deregistration
Final |
4 years 4 months |
0 |
No |
|
IMVUSA TRADING
1933 CC |
2008/057025/23 |
Deregistration
Final |
3 years 7 months |
0 |
No |
|
WOOLWORTHS FINANCIAL
SERVCIES (PTY) LTD |
2000/009327/07 |
In Business |
11 years 5
months |
0 |
No |
Deeds Information
Property
Interestsfor ZYDA RYLANDS
|
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 3:
NORMAN THOMSON
|
Surname |
THOMSON |
|
First Name |
NORMAN |
|
Other Names |
None |
|
ID Number |
510626076083 |
|
Verified ID Number |
Yes |
|
Current Age |
60 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2001-03-12 |
|
Physical Address (at time of Appointment) |
2 Firdale Road NEWLANDS 7700 |
|
Postal Address |
P O Box 680 CAPE TOWN 8000 |
|
Current Tel Number |
021 4072111 |
|
Cell number |
083 2513654 |
|
Shareholding |
(if the principal owns shares) |
Adverse
Information forNORMAN THOMSON
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for NORMAN THOMSON
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
||||
|
MARKS AND
SPENCER (SA) (PTY) LTD |
1957/002437/07 |
In Business |
54 years 2
months |
0 |
No |
||||
|
WOOLWORTHS
COMPUTER SERVICES (PTY) LTD |
1964/001761/07 |
Deregistration
Process |
47 years 7
months |
0 |
No |
||||
|
WOOLWORTHS
DEVELOPMENTS (PTY) LTD |
1980/007481/07 |
In Business |
31 years 2
months |
0 |
No |
||||
|
WOOLWORTHS
INTERNATIONAL SA (PTY) LTD |
1993/007394/07 |
In Business |
17 years 10
months |
0 |
No |
||||
|
UNIVERSAL
PRODUCT NETWORKS (PTY) LTD |
1999/024569/07 |
In Business |
12 years 7
months |
0 |
No |
||||
|
INTHEBAG (PTY)
LTD |
2000/000225/07 |
In Business |
11 years 9
months |
0 |
No |
||||
|
UP-FRONT
INVESTMNETS 132 (PTY) LTD |
2000/003242/07 |
In Business |
11 years 8
months |
0 |
No |
||||
|
NATION-WIDE
RECOVERY SERVICES (PTY) LTD |
1997/010435/07 |
In Business |
14 years 3
months |
0 |
No |
||||
|
THE SECOND MOUSE
INVESTMENTS (PTY) LTD |
2000/029065/07 |
In Business |
10 years 11
months |
0 |
No |
||||
|
E-COM
INVESTMNETS 16 (PTY) LTD |
2001/018715/07 |
In Business |
10 years 2
months |
0 |
No |
||||
|
VIRTUAL MARKET
PLACE (PTY) LTD |
1997/016316/07 |
In Business |
14 years 1 month |
0 |
No |
||||
|
ISENTIALS (PTY)
LTD |
2003/019682/07 |
In Business |
8 years 2 months |
0 |
No |
||||
|
WOOLWORTHS
FINANCIAL SERVICES (PTY) LTD |
M2000/009327/07 |
In Business |
11 years 5
months |
0 |
No |
||||
|
ACCOUNT ON US
(PTY) LTD |
M2004/017415/07 |
In Business |
7 years 4 months |
0 |
No |
||||
Previous Business
Interests
|
Average Age of
Previous Business Interests |
28 years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
WOOLWORTHS
(CLAREMONT) PROPERTIES SHARE BLOCK (PTY) LTD |
1950/038775/07 |
Deregistration
Final |
61 years |
0 |
No |
|
WOOLWORTHS
FINANCE (PTY) LTD |
1976/004350/07 |
Deregistration
Final |
34 years 10 months |
0 |
No |
|
WOOLWORTHS
HOLDINGS LTD |
1929/001986/06 |
In Business |
81 years 11
months |
0 |
No |
|
AFFINITY
LOGISTICS (PTY) LTD |
1998/006307/07 |
Deregistration
Final |
13 years 6
months |
0 |
No |
Property Interestsfor
NORMAN THOMSON
|
Title Deed No. |
T72131/2005 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
2 BROADWAY
NEWLANDS SOUTHERN SUBURBS |
|
Property Type |
Freehold/ Ervin |
Extent / Size |
765.0SQM |
|
Purchase Date |
2005-04-03 |
Purchase price |
R2900000 |
|
% Ownership |
0.0000 |
Bond Holder |
INVESTEC BANK
LTD |
|
Bond Number |
B957572005 |
Bond Amount |
R1500000 |
Forms attached to
this report
|
Form |
Available (Yes/No) |
Comment |
|
Annual financials |
Yes |
Consolidated Group Figures |
|
List of subsidiaries |
Yes |
All subsidiaries that fall under the
holding company: WOOLWORTHS HOLDINGS LTD |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.07 |
|
UK Pound |
1 |
Rs.79.16 |
|
Euro |
1 |
Rs.69.04 |
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.