%20LTD%20-%20152488%203%2014-Sep-2011_files/image002.jpg){kind=small}
MIRA
INFORM REPORT
|
Report Date : |
14.09.2011 |
IDENTIFICATION DETAILS
|
Name : |
ARB ELECTRICAL WHOLESALERS (PTY) LTD |
|
|
|
|
Registered Office : |
10 Mock Road, Prospecton, Durban |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Financials (as on) : |
30.06.2011 (Group) |
|
|
|
|
Date of Incorporation : |
05.12.2004 |
|
|
|
|
Com. Reg. No.: |
2004/012797/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Electrical Wholesalers |
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 : |
Good |
|
Payment Behaviour : |
Usually Correct |
|
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 – 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 |
Assessment:
This is a national company that is well connected to a listed holding
company.
The subject would be regarded as equal to your figure over 30 days.
The subject received a bank code C for R10 000 000 over 30
days.
Company Information
|
Registered
Name |
ARB ELECTRICAL WHOLESALERS (PTY) LTD |
|
Previous Name |
None |
|
Date of Name
Change |
None |
|
Registration
Number |
2004/012797/07 |
|
Registration
Date |
2004-05-12 |
|
Shareholders of
subject and % holding |
74% ARB HOLDINGS LTD 26% BATSOMI POWER (PTY) LTD |
|
Authorised Share
Capital |
R1000 divided into R1 shares |
|
Issued Share
Capital/Members Contribution |
R100 |
|
Age of Company |
7 years 3 months |
|
Status |
In Business |
|
Operations
Assessment |
Electrical Wholesalers |
|
Head Office
Physical Address |
10 Mock Road PROSPECTON Durban |
|
Head Office
Postal Address |
P O Box 26426 ISIPINGO BEACH 4115 |
|
Current Tel
Number |
0861 272835/ 031 9100200 |
|
Current Fax
Number |
031 9100299 |
|
Current Email
Address |
|
|
Web Site Address |
Auditors Information
|
Company
Registered Name |
PKF DURBAN |
|
SAICA number |
906372E |
|
Years With
Auditors |
15- 20 years |
|
Physical Address |
2nd Floor, 12 On Palm Boulevard GATEWAY Durban |
|
Postal Address |
P O Box1858 DURBAN 4000 |
|
Contact number |
031 5738000 |
Previous Auditors
|
Company Name/ Tel |
Time With Previous Auditors |
|
DAVID STRACHAN AND TAYLOR |
Unknown |
Tax Information
|
Vat Number |
4260214327 |
|
Vat Liable Date |
Monthly |
|
Tax Number |
9504434151 |
|
Tax Clearance
Expiry Date |
03-03-2012 |
|
Financial Year
End |
June |
Black Economic
Empowerment
|
Status |
Yes BBBEE Compliant |
|
Score |
Level 4 |
|
Expire Date |
02-05-2012 |
|
BEE Certificate
Available |
Yes, please see attached |
ISO Status
|
Type of ISO
Grade |
None |
|
ISO Certificate |
No |
|
ISO Certificate
Available |
No |
|
Certified by
anAccredited Agent |
No |
Workman’s
compensation
|
Registered |
Yes |
|
Compliance
Certified |
Yes 0135-368-1532 |
Company Structure
|
Branches |
15 |
|
Branches Names |
Tel |
Province |
Owned or Rented |
|
DURBAN |
031 9100200 |
KWAZULU NATAL |
ARB HOLDINGS PTY
LTD |
|
JOHANNESBURG |
011 4390000 |
GAUTENG |
ARB HOLDINGS PTY
LTD |
|
CAPE TOWN |
021 5278820 |
WESTERN CAPE |
ARB HOLDINGS PTY
LTD |
|
EAST LONDON |
043 7007300 |
EASTERN CAPE |
ARB HOLDINGS PTY
LTD |
|
PIETERMARITZBURG |
033 8459250 |
KWAZULU NATAL |
ARB HOLDINGS PTY
LTD |
|
RICHARDS BAY |
035 7807450 |
KWAZULU NATAL |
ARB HOLDINGS PTY
LTD |
|
NELSPRUIT |
013 7582400 |
MPUMULANGA |
Rented |
|
CENTURION |
012 6637989 |
GAUTENG |
ARB HOLDINGS PTY
LTD |
|
WATERKLOOF GLEN |
012 3487618 |
GAUTENG |
ARB HOLDINGS PTY
LTD |
|
GEZINA |
012 3354413 |
GAUTENG |
ARB HOLDINGS PTY
LTD |
|
PRETORIA NORTH |
012 5656674 |
GAUTENG |
ARB HOLDINGS PTY
LTD |
|
PRETORIA WEST |
012 3275019 |
GAUTENG |
ARB HOLDINGS PTY
LTD |
|
POLOKWANE |
015 2988029 |
POLOKWANE |
Rented |
|
BELLVILLE |
021 9451215 |
WESTERN CAPE |
Rented |
|
NORTH COAST |
031 5691916 |
KWAZULU NATAL |
ARB HOLDINGS PTY
LTD |
|
Subsidiary
Company |
None |
|
Shareholding |
|
|
Registration
Number |
|
|
Import / Export |
|
|
Number of
Employees |
485 |
|
1.
Salaried
employees |
485 |
|
2.
Waged
employees |
|
|
3.
Permanent
employees |
485 |
|
4.
Casual
employees |
|
|
5.
Contracted
employees |
|
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding
Balance |
|
Fleet Operations |
|
|
|
|
|
The Fleet is
made up of |
163 |
|
|
|
|
1.
Cars |
78 |
|
|
|
|
2.
Light
Delivery Vehicles |
48 |
|
|
|
|
3.
Trailers |
2 |
|
|
|
|
4.
Busses |
|
|
|
|
|
5.
Trucks |
33 |
|
|
|
|
6.
Fork
Lifts |
|
|
|
|
|
7.
Other |
2 |
|
|
|
Head
OfficeOwned/ Rented |
Owned |
|
Rental Company |
ARB HOLDINGS LTD |
|
Owned by |
|
|
Value |
R39 700 000 |
|
Bond |
None |
|
Bank |
Nedbank |
|
Lease Agreement |
|
|
Lease Expire
Date |
|
|
Type of Premises |
Office and warehouse |
Trade References
|
Supplier |
Contact |
|
Not Available |
|
Trade References
|
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
Not Available |
|
|
|
|
|
|
Adverse
Information on Subject
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil Court
Records |
None |
|
RDs |
None |
Default Data
|
Date |
Details |
|
None |
|
Notarial Bonds
|
Date |
Details |
|
None |
|
Deeds Information
|
Property Interest |
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Property Type: |
None |
Stand Number: |
|
|
Street Number: |
|
Street Name: |
|
|
Municipal Suburb: |
|
Municipal City: |
|
|
Township Name: |
|
Province: |
|
|
Deeds Office: |
|
Transfer ID: |
|
|
Title Deed Number: |
|
Purchase Date: |
|
|
Transfer Date: |
|
Erf Size: |
|
|
Sold Price: |
|
|
|
Bank Information
|
Bank |
Nedbank |
|
Branch |
KZN Business Branch |
|
Bank Account
Number |
1307029345 |
|
Type of Account |
Current |
|
Branch Code |
164826 |
|
Account Name |
ARB ELECTRCAL WHOLESALERS (PTY) LTD |
|
Date Opened |
30-12-1988 |
|
Bank Code |
C |
|
Bank Comment |
The subjects bankers consider them as equal to R10 000 000
over 30 days in the normal way of business. |
Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
|
None |
|
|
|
|
|
|
Previous Bank
Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
None |
|
|
|
|
|
Financial Information
Financial
Estimates
|
CURRENT ASSETS |
R470 147 322.00 |
|
Stock |
R166 750 426.00 |
|
Debtors |
R187 953 889.00 |
|
Cash on Hand |
R80 679 069.00 |
|
FIXED ASSETS |
|
|
Plant,
Equipment, Vehicles |
R6 950 193.00 |
|
Property |
|
|
CURRENT
LIABILITIES |
|
|
Creditors |
R129 003 502.00 |
|
Loans/ From? |
|
|
LONG TERM
LIABILITIES |
|
|
Morgage Bonds |
|
|
ANNUAL Turnover |
R1 242 876 743.00 |
|
Previous Year
Turnover |
R1 084 713 880.00 |
|
Estimated
Current Year Turnover |
R1 400 000 000.00 |
Principals
|
Number of
Principals |
8 |
|
Average Age of
Active Principals |
47 |
Active Principals
Principal 1 of 8
|
Surname |
BURKE |
|
First Names |
JASON |
|
ID Number |
7904105075085 |
|
Verified ID
Number |
Yes |
|
Current Age |
32 |
|
Designation |
Business Person |
|
Status |
Active |
|
Appointment Date |
2007-04-18 |
|
Address (at time
of Appointment) |
15 Marine Point Lamp Road DURBAN 4001 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information on
Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
None |
|
|
|
|
Previous Business
Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
N/A |
|
|
|
|
Deeds Information
Property Interests of
Principle
|
Property Interest |
|||
|
Title Deed No. |
T30472/2007 |
Erf/Site No. |
|
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
14 BROOKLANDS DURBAN NORTH |
|
Property Type |
Freehold/ Ervin |
Extent / Size |
1103.0SQM |
|
Purchase Date |
2007-04-25 |
Purchase price |
2700000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
NEDBANK LTD |
|
Bond Number |
B365922007 |
Bond Amount |
1800000.0000 |
Principal 2 of 8
|
Surname |
MUHLWA |
|
First Names |
DUMISANI FRANCIS |
|
ID Number |
7202206134186 |
|
Verified ID
Number |
Yes |
|
Current Age |
39 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2005-12-05 |
|
Address (at time
of Appointment) |
8 Waterberg Close Fernbrook Estate CRAIGAVON 2191 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
ARB
HOLDINGS LTD |
1986/002975/06 |
In Business |
0 |
No |
|
BATSOMI
INVESTMENT HOLDING (PTY) LTD |
1998/012640/07 |
In Business |
0 |
No |
|
SUMMIT
AUTO HOLDINGS SOUTH AFRICA (PTY) LTD |
2000/026000/07 |
In Business |
0 |
No |
|
BATSOMI
LIFEWORKS (PTY) LTD |
2001/002178/07 |
In Business |
0 |
No |
|
G8
INVESTMENTS (PTY) LTD |
2003/002913/07 |
Deregistration
Process |
0 |
No |
|
BATSOMI
MANAGEMENT SERVICES (PTY) LTD |
2003/022475/07 |
In Business |
0 |
No |
|
BATSOMI
POWER (PTY) LTD |
2004/034051/07 |
In Business |
0 |
No |
|
BATSOMI
HEALTH CARE (PTY) LTD |
2005/007628/07 |
In Business |
0 |
No |
|
BATSOMI
AUTO HOLDINGS (PTY) LTD |
2005/027623/07 |
In Business |
0 |
No |
|
IKEZI
CAPITAL INVESTMENTS (PTY) LTD |
2006/030317/07 |
Deregistration
Process |
0 |
No |
|
TRANSFRONTIER
CAPITAL INVESTMENTS (PTY) LTD |
2006/034484/07 |
Deregistration
Process |
0 |
No |
|
TWO
SHIPS TRADING 384 (PTY) LTD |
2007/004619/07 |
Deregistration
Process |
0 |
No |
|
KWANDE
BO LOGISTICS (PTY) LTD |
2007/008329/07 |
In Business |
0 |
No |
|
MESIBLOX
(PTY) LTD |
2010/001468/07 |
In Business |
0 |
No |
|
BUSINESS
VENTURE INVESTMENTS NO 1414 (PTY) LTD |
2010/013710/07 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
20 years |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
BIRD MACHINES
(PTY) LTD |
1990/007119/07 |
In Business |
0 |
No |
Deeds Information
Property Interests
of Principal
|
Property Interest |
|||
|
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 8
|
Surname |
MODISE |
|
First Names |
JACOB |
|
ID Number |
6609096032083 |
|
Verified ID
Number |
Yes |
|
Current Age |
45 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2005-12-05 |
|
Address (at time
of Appointment) |
13 Riverside Road Beverly Agricultural Holdings SANDTON 2146 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
ARB HOLDINGS LTD |
1986/002975/06 |
In Business |
0 |
No |
|
BATSOMI
INVESTMENT HOLDING (PTY) LTD |
1998/012640/07 |
In Business |
0 |
No |
|
SUMMIT
AUTO HOLDINGS SOUTH AFRICA (PTY) LTD |
2000/026000/07 |
In Business |
0 |
No |
|
BATSOMI
LIFEWORKS (PTY) LTD |
2001/002178/07 |
In Business |
0 |
No |
|
TRANS
SOUTH AFRICAN INVESTMENT HOLDINGS (PTY) LTD |
1995/007509/07 |
In Business |
0 |
No |
|
BATSOMI
MANAGEMENT SERVICES (PTY) LTD |
2003/022475/07 |
In Business |
0 |
No |
|
BATSOMI
POWER (PTY) LTD |
2004/034051/07 |
In Business |
0 |
No |
|
BATSOMI
HEALTH CARE (PTY) LTD |
2005/007628/07 |
In Business |
0 |
No |
|
BATSOMI
AUTO HOLDINGS (PTY) LTD |
2005/027623/07 |
In Business |
0 |
No |
|
KLEIN
STEENBERG ESTATE CC |
1995/043968/23 |
Conversion |
0 |
No |
|
MODISE
HOSPITALITY-PLETTENBERG BAY CC |
1997/004802/23 |
In Business |
0 |
No |
|
MODISE
HOSPITALITY-BANTRY BAY CC |
1997/031301/23 |
In Business |
0 |
No |
|
ATHOLL
DEVELOPMENTS (PTY) LTD |
1998/007102/07 |
In Business |
0 |
No |
|
EBUHLANTHI
INVESTMENTS (PTY) LTD |
1999/004835/07 |
In Business |
0 |
No |
|
MODISE
HOSPITALITY- DAINFERN (PTY) LTD |
2000/005306/07 |
In Business |
0 |
No |
|
MODISE
HOSPITALITY- ATLANTIC BEACH (PTY) LTD |
2000/005307/07 |
In Business |
0 |
No |
|
ESKOM
HOLDINGS LTD |
2002/015527/06 |
In Business |
0 |
No |
|
BOIKANYO
INVESTMENTS (PTY) LTD |
2002/024202/07 |
In Business |
0 |
No |
|
BOIKANYO
PROPERTY DEVELOPMENT (PTY) LTD |
2002/024209/07 |
Deregistration
Process |
0 |
No |
|
ELECTRICITY
DISTRIBUTION INDUSTRY HOLDINGS (PTY) LTD |
2003/005572/07 |
In Business |
0 |
No |
|
SPP
PROJECT SOLUTIONS (PTY) LTD |
2003/016426/07 |
In Business |
0 |
No |
|
OMEGA
PHARMACEUTICALS (PTY) LTD |
2004/025275/07 |
Deregistration
Process |
0 |
No |
|
SMOKEY
MOUNTAIN TRADING 254 (PTY) LTD |
2004/033974/07 |
Deregistration
Process |
0 |
No |
|
TWO
SHIPS TRAIDNG 384 (PTY) LTD |
2007/004619/07 |
Deregistration
Process |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
16 years |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
AVUSA GROUP
SERVICES (PTY) LTD |
1936/008210/07 |
Deregistration
Process |
0 |
No |
|
MOBILE TELEPHONE
NETWORKS (PTY) LTD |
1993/001436/07 |
In Business |
1 |
No |
|
MTN SERVICE
PROVIDER (PTY) LTD |
1993/002648/07 |
In Business |
1 |
No |
|
NATIONAL AFRICAN
TELECOMMUNICATIONS (PTY) LTD |
1993/002650/07 |
Deregistration
Final |
0 |
No |
|
ORBICOM (PTY)
LTD |
1993/004259/07 |
In Business |
0 |
No |
|
MIH HOLDINGS LTD |
1993/005613/06 |
In Business |
0 |
No |
|
NEW AFRICA
COMMUNICATIONS (PTY) LTD |
1994/000626/07 |
Deregistration
Final |
0 |
No |
|
PRECIOUS DESIGNS
CC |
1994/006429/23 |
Deregistration
Process |
0 |
No |
|
MTN GROUP LTD |
1994/009584/06 |
In Business |
0 |
No |
|
BDFM PUBLISHERS
(PTY) LTD |
1996/015828/07 |
In Business |
0 |
No |
|
SUPERSPORT
INTERNATIONAL HOLDINGS LTD |
1997/004203/06 |
In Business |
0 |
No |
|
HUNTLEY HOLDINGS
(PTY) LTD |
1997/004269/07 |
In Business |
0 |
No |
|
DURBAN
ADD-VENTURES LTD |
1997/013469/06 |
In Business |
0 |
No |
|
TSOGO SUN
KWAZULU-NATAL(PTY) LTD |
1997/014551/07 |
In Business |
0 |
No |
|
MTN
INTERNATIONAL (PTY) LTD |
1998/002351/07 |
In Business |
0 |
No |
|
DIHLA INVESTMENT
HOLDINGS (PTY) LTD |
1998/004750/07 |
In Business |
0 |
No |
|
OOSTHUIZEN AND
CO MEYER DE WAAL (SOMERSET WEST-STRAND)INC |
1999/008273/21 |
Deregistration
Final |
0 |
No |
|
JUANTIO
INVESTMENTS (PTY) LTD |
1999/010352/07 |
Deregistration
Final |
0 |
No |
|
ADVENTURE WORLD
MANAGEMENT (PTY) LTD |
2000/014021/07 |
In Business |
0 |
No |
|
EDISON MUVONI
CONTRACTING SERVICES (PTY) LTD |
2001/001780/07 |
In Business |
0 |
No |
|
AVUSA AFRICA
MEDIATAINMENT (PTY) LTD |
2001/002522/07 |
In Business |
0 |
No |
|
THUTHUKA
EDUCATION UPLIFTMENT FUND |
2002/001562/08 |
In Business |
0 |
No |
|
BLUE IQ
INVESTMENT HOLDINGS (PTY) LTD |
2003/021743/07 |
In Business |
0 |
No |
|
TLADI HOLDINGS
(PTY) LTD |
2004/030587/07 |
In Business |
0 |
No |
|
LIFE SOURCE
MARKETING (PTY) LTD |
2005/019666/07 |
Voluntary
Liquidation |
0 |
Yes |
Deeds Information
Property Interests
of Principal
|
Property Interest |
|||
|
Title Deed No. |
ST2175/1997 |
Erf/Site No. |
116978 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
1 DE VILLIERS ZONNEBLOEM CAPE TOWN |
|
Property Type |
Sectional Title/ Unit |
Extent / Size |
100SQM |
|
Purchase Date |
1996-10-15 |
Purchase price |
348782.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
ABSA BANK |
|
Bond Number |
SB10141997 |
Bond Amount |
310000.0000 |
Principal 4 of 8
|
Surname |
COCKERELL |
|
First Names |
CLINTON |
|
ID Number |
5901085043085 |
|
Verified ID
Number |
Yes |
|
Current Age |
52 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2004-09-01 |
|
Address (at time
of Appointment) |
5 Hendon Road WESTVILLE 3630 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
ARB HOLDINGS LTD |
1986/002975/06 |
In Business |
0 |
No |
|
BOWNETH CC |
1988/007642/23 |
In Business |
0 |
No |
|
CUPPITZ
INVESTMENTS CC |
1993/000119/23 |
In Business |
0 |
No |
|
WELLPARK TRADING
CC |
1998/056855/23 |
In Business |
0 |
No |
|
NEW ORDER
INVESTMENTS 61 (PTY) LTD |
2007/013368/07 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
|
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
EAST COAST
CABLES CC |
1998/012313/23 |
Deregistration
Process |
0 |
No |
|
LYNVALE TRADING
CC |
2001/054091/23 |
In Business |
1 |
No |
Deeds Information
Property Interests
of Principal
|
Property Interest |
|||
|
Title Deed No. |
T63587/2004 |
Erf/Site No. |
|
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
5 FINCHLEY BEREA WEST WESTVILLE |
|
Property Type |
Freehold/ Ervin |
Extent / Size |
2159.0SQM |
|
Purchase Date |
2004-01-14 |
Purchase price |
80000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
0.0000 |
|
Property Interest |
|||
|
Title Deed No. |
T69458/2003 |
Erf/Site No. |
|
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
|
|
Property Type |
Freehold/ Ervin |
Extent / Size |
5018.0SQM |
|
Purchase Date |
2003-09-05 |
Purchase price |
745000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
INVESTEC BANK LTD |
|
Bond Number |
B44932003 |
Bond Amount |
745000.0000 |
|
Property Interest |
|||
|
Title Deed No. |
T5326/2008 |
Erf/Site No. |
|
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
1 FINCHLEY BEREA WEST WESTVILLE |
|
Property Type |
Freehold/ Ervin |
Extent / Size |
2893.0SQM |
|
Purchase Date |
2006-05-01 |
Purchase price |
300000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
0.0000 |
|
Property Interest |
|||
|
Title Deed No. |
T25405/2005 |
Erf/Site No. |
|
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
BEREA WEST WESTVILLE |
|
Property Type |
Freehold/ Ervin |
Extent / Size |
1559.0SQM |
|
Purchase Date |
2005-03-29 |
Purchase price |
540000.0000 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
0.0000 |
Principal 5 of 8
|
Surname |
BURKE |
|
First Names |
ALAN RONALD |
|
ID Number |
5401095106089 |
|
Verified ID
Number |
Yes |
|
Current Age |
57 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2004-06-14 |
|
Address (at time
of Appointment) |
50 Mentone Road MORNINGSIDE Durban 4001 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
ARB HOLDINGS LTD |
1986/002975/06 |
In Business |
0 |
No |
|
ARB HOLDINGS
(PTY) LTD |
1986/002975/07 |
In Business |
0 |
No |
|
CURRNET SALES
PIETERMARITZBURG CC |
1994/023647/23 |
In Business |
0 |
No |
|
CURRENT SALES
AFRICA CC |
1994/0236478/23 |
In Business |
0 |
No |
|
SECPROP 99
INVESTMENTS (PTY) LTD |
1996/016925/07 |
In Business |
0 |
No |
|
THE COMPLETE
LEISURE INVESTMENT CORPORATION (PTY) LTD |
1998/019557/07 |
In Business |
0 |
No |
|
CUPPITZ INVESTMENTS
CC |
1993/000119/23 |
In Business |
0 |
No |
|
GRANTHAM
INVESTMENTS CC |
1998/036459/23 |
Deregistration
Process |
0 |
No |
|
VECTOR
ELECTRICAL CABLES (PTY) LTD |
1999/011628/071 |
Deregistration
Process |
0 |
No |
|
LOAN MASTER
(PTY) LTD |
1999/014071/07 |
In Business |
0 |
No |
|
LADLEPALM
INVESTMENTS CC |
2000/050320/23 |
In Business |
0 |
No |
|
TRI-INVEST 4
(PTY) LTD |
2001/021687/07 |
In Business |
0 |
No |
|
SUB 12 OF
RESERVE 7A NO 15826 (PTY) LTD |
2001/028710/07 |
In Business |
0 |
No |
|
TUSCAN MOOD 12
(PTY) LTD |
2002/006818/07 |
Deregistration
Process |
0 |
No |
|
WILD BREAK 104
(PTY) LTD |
2002/009552/07 |
Deregistration
Process |
0 |
No |
|
DODDLEPROPS 1009
CC |
2002/098657/23 |
Deregistration
Process |
0 |
No |
|
MILLENIUM POWER
(PTY) LTD |
2003/008349/07 |
In Business |
0 |
No |
|
BLUE PLUM
DEVELOPMENTS (PTY) LTD |
2003/012573/07 |
In Business |
0 |
No |
|
SHANYELA
DREDGING (PTY) LTD |
2004/009393/07 |
Deregistration
Process |
0 |
No |
|
DOCK POINT
PROPERTIES (PTY) LTD |
2004/021914/07 |
In Business |
0 |
No |
|
USHAKA PARKADE
(PTY) LTD |
2004/022856/07 |
In Business |
0 |
No |
|
MARINE POINT
PROPERTIES (PTY) LTD |
2004/023047/07 |
In Business |
0 |
No |
|
USHAKA POINT
PROPERTIES (PTY) LTD |
2004/02453907 |
In Business |
0 |
No |
|
DREAM WORLD
INVESTMENTS 385 (PTY) LTD |
2005/016101/07 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
15.5 years |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
ADILA
INVESTMENTS (PTY) LTD |
1989/007091/07 |
Deregistration
Final |
0 |
No |
|
HOME FOURTEEN
INVETSMENTS CC |
1990/001902/23 |
Deregistration
Final |
0 |
No |
|
SILHOUETTE
INVESTMENTS CC |
1990/004786/23 |
Deregistration
Final |
0 |
No |
|
LANYARD
DEVELOPMENT (PTY) LTD |
1990/005614/07 |
Deregistration
Final |
0 |
No |
|
AB90
MANAGEMENT SERVICES CC |
1990/009864/23 |
Deregistration
Final |
0 |
No |
|
LAWGALE
CC |
1992/034740/23 |
Deregistration
Final |
0 |
No |
|
JOJAS
INVESTMENTS CC |
1994/019362/23 |
Deregistration
Final |
0 |
No |
|
ALBY
INVESTMENTS (PTY) LTD |
1997/006585/07 |
Deregistration
Final |
0 |
No |
|
DURBAN
POINT WATERFRONT MANAGEMENT ASSOCIATION |
1998/001781/08 |
In Business |
0 |
No |
|
STEEL
BLAST SERVICES CC |
1998/024971/23 |
In Business |
0 |
No |
|
SNAP
SHOT INVESTMENTS 1089 CC |
1999/004540/23 |
Deregistration
Process |
0 |
No |
|
BASFOUR
967 (PTY) LTD |
1999/026622/07 |
In Liquidation |
1 |
Yes |
|
CLIFTON
SCHOOL |
2000/006079/08 |
In Business |
0 |
No |
|
INSIDE
STRAIGHT PROPS 1 (PTY) LTD |
2003/007139/07 |
Deregistration
Final |
0 |
No |
|
ROWAN TREE 25
(PTY) LTD |
2003/010160/07 |
Deregistration
Final |
0 |
No |
Deeds Information
Property Interests
of Principal
|
Property Interest |
|||
|
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 6 of 8
|
Surname |
ROBERTSON |
|
First Names |
CRAIG |
|
ID Number |
6712215100086 |
|
Verified ID
Number |
Yes |
|
Current Age |
44 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2004-06-14 |
|
Address (at time
of Appointment) |
16 The Lakes MOUNT EDGECOMBE 4302 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
ARB HOLDINGS LTD |
1986/002975/06 |
In Business |
0 |
No |
|
ARB HOLDINGS
(PTY) LTD |
1986/002975/07 |
In Business |
0 |
No |
|
I”MALI
INVESTMENTS CC |
1986/020958/23 |
In Business |
0 |
No |
|
NORTH AND
ROBERTSON (INVESTMENTS)CC |
1992/024671/23 |
In Business |
0 |
No |
|
RZT ZELPY 4334
(PTY) LTD |
2005/019826/07 |
In Business |
0 |
No |
|
NEW ORDER
INVESTMENTS 61 (PTY) LTD |
2007/013368/07 |
In Business |
0 |
No |
|
ARB IT SOLUTIONS
(PTY) LTD |
2007/017066/07 |
In Business |
0 |
No |
|
ARB GLOBAL (PTY)
LTD |
2008/008202/07 |
Deregistration
Process |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
N/A |
|
|
|
|
Deeds Information
Property Interests
of Principal
|
Property Interest |
|||
|
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 |
|
|
|
|
|
|
|
Surname |
BURKE |
|
First Names |
BLAYNE GORDON |
|
ID Number |
8204285184081 |
|
Surname |
BESTER |
|
First Names |
SHANNON LEE |
|
ID Number |
8008110054082 |
%20LTD%20-%20152488%203%2014-Sep-2011_files/image004.gif)
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.47.10 |
|
UK Pound |
1 |
Rs.74.64 |
|
Euro |
1 |
Rs.64.42 |
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.