MIRA INFORM REPORT
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Report Date : |
29.09.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
KURT STANDER AGENCIES CC |
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Registered Office : |
10 Vickers Place, Virginia, Durban North,
Kwazulu Natal |
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Country : |
South Africa |
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Date of Incorporation : |
03.12.1998 |
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Com. Reg. No.: |
1998/069355/23 |
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Legal Form : |
Closed Corporation |
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Line of Business : |
Leather Merchants |
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 : |
Moderate |
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Payment
Behaviour : |
Unknown |
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Litigation : |
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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) |
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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 it was established that the subject’s correct
registered name is KURT STANDER AGENCIES CC.
Contact was made with the member, K STANDER, who stated that he is
purely an agent and therefore works only on commission.
He declined to assist with detailed information on the subject, unless
the name and reason for the enquiry were disclosed, as he mentioned that he
organizes imports on behalf of his clients.
It would be appreciated if our client could assist us with the name of
the principle enquirer, in order to finalize our investigation.
Company Information
|
Registered
Name |
KURT STANDER AGENCIES CC |
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Trading
as/ Division Name |
K S MARKETING |
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Registration
Number |
1998/069355/23 |
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Registration
Date |
1998-12-03 |
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Membersof
subject and % holding |
100%
K STANDER |
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Members
Contribution |
R100 |
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Age
of Company |
12 years 9 months |
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Status |
Active |
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Operations
Assessment |
Leather
merchants |
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Major
Industry Code / SICC |
61101 WHOLESALE RETAIL |
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Definition
of Code |
Wholesale Trade:
Sales by commission agents |
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Head
Office Physical Address |
10 Vickers Place VIRGINIA Durban North KwaZulu Natal |
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Head
Office Postal Address |
P O Box 22429 GLENASHLEY 4022 |
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Current
Tel Number |
031 564
7064 |
Auditors Information
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Company
Registered Name |
ROBIN LYNNE GOWLDING |
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Trading
Name |
RI Gowlding |
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Postal
Address |
P O Box 35072 NORTHWAY 4065 |
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Profession
number |
005416 |
Previous Auditors
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Company Name/ Tel |
Time With Previous Auditors |
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None on record |
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Tax Information
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Vat Number |
4190180028 |
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Status |
Active |
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Vat Liable Date |
1999-02-28 |
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Tax Number |
9054213203 |
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Financial Year
End |
February |
Black Economic
Empowerment
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Status |
Not available |
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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 |
Not available |
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ISO Certificate |
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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 |
None |
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Subsidiary
Company |
Not available |
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Shareholding |
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Registration
Number |
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Import / Export |
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Number of
Employees |
Not available |
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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 |
Not available |
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The Fleet is
made up of |
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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 |
Not available |
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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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Not available |
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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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Not Available |
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Adverse
Information on Subject
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Judgements |
No information on record |
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Possible
Judgements |
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Civil Court |
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RDs |
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Judgements
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Case Number |
No information on record |
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Amount |
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Reason |
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Court Name |
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Judgement Type |
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Judgement Date |
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Plaintiff
(Multiple) |
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Default Data
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Date |
Details |
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No information on record |
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Notarial Bonds
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Date |
Details |
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No information on record |
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Deeds Information
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Property Interest |
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Property Type: |
No information on record |
Stand Number: |
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Street Number: |
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Street Name: |
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Municipal Suburb: |
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Municipal City: |
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Township Name: |
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Province: |
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Deeds Office: |
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Transfer ID: |
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Title Deed Number: |
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Purchase Date: |
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Transfer Date: |
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Erf Size: |
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Sold Price: |
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Bank Information
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Bank |
Not available |
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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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No information on record |
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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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No information on record |
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Financial Information
Financial Estimates
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CURRENT ASSETS |
Not available |
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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 |
49 |
Active Principals
Principal 1 of 1
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Surname |
STANDER |
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First Names |
KURT |
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ID Number |
6207025153086 |
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Verified ID
Number |
Yes |
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Current Age |
49 |
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Designation |
100% Member |
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Status |
Active |
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Address (at time of
Appointment) |
18 Vickers Place VIRGINIA Durban North 4001 |
Adverse Information on
Principal
Judgement
|
Number of
Judgements |
No information on record |
Debt Review
|
Debt review |
No information on record |
Other
|
Default data |
No information on record |
Business Information on
Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
WALLHEIMER LEATHERS (PTY) LTD |
1964/004120/07 |
Deregistration
process |
0 |
No |
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CITY INVESTMENT HOLDINGS CC |
1985/006736/23 |
Conversion CO/CC
or CC/CO |
0 |
No |
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BARON SURFBOARDS |
6207025153086 |
|
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
23 years 10 months |
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Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
LEATEX AGENCIES CC |
1987/026322/23 |
Deregistration
process |
0 |
No |
Property Interests of
Principle
|
Property Interest |
|||
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Title Deed No. |
No information 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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FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.91 |
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UK Pound |
1 |
Rs.76.53 |
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Euro |
1 |
Rs.66.43 |
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 |
|
<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.