|
Report Date : |
02.04.2012 |
IDENTIFICATION DETAILS
|
Name : |
COUNTRY ROAD VENTURES |
|
|
|
|
Registered Office : |
Woolworths House, |
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|
|
|
Country : |
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|
|
|
|
Date of Incorporation : |
29.06.2010 |
|
|
|
|
Com. Reg. No.: |
M2010/014092/10 |
|
|
|
|
Legal Form : |
Not Available |
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Line of Business : |
Not Available |
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|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
US $ 1,50,000.00 |
|
Status : |
Moderate |
|
Payment Behaviour : |
Unknown |
|
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 30, 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 |
|
COUNTRY
ROAD VENTURES |
|
|
Country |
SOUTH
AFRICA |
|
Requested Credit Limit |
US
$ 1,50,000.00 |
|
Enquiry Terms |
D/A |
|
Account Review |
|
|
Subject Contact person |
FINANCIAL
MANAGER JENEE COHEN (021 4076365) |
|
Assessment |
On investigation we have made contact with COUNRTY ROAD VENTURES
locally and we have noticed that the subject is a division of WOOLWORTHS LTD. We came into contact with the financial manager JENEE
COHEN (021 4076365) who has requested information on who the report is
actually for. JENEE COHEN would not assist us with any information. Please see available information below. |
|
Registered Name |
COUNTRY ROAD VENTURES |
|
Trading as/ Division Name |
None |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
M2010/014092/10 |
|
Registration Date |
2010/06/29 |
|
Date Commenced Trading |
Unknown |
|
Age of Business |
1 Years 9 Months |
|
History of Business |
Unknown |
|
History of Principals |
4 |
|
Shareholders and %
holding |
Unknown |
|
Authorised Share Capital |
Unknown |
|
Issued Share Capital |
Unknown |
|
Status |
In Business |
|
Operations Assessment |
Unknown |
|
Industry/ Customers |
Unknown |
|
Export |
Unknown |
|
Major Industry Code / SICC |
Unknown |
|
Definition of Code |
Unknown |
|
Head Office Physical Address |
Woolworths House 93 Longmarket street CAPE TOWN 8001 |
|
Head Office Postal Address |
PO Box 680 CAPE TOWN` 8000 |
|
Current Tel Number |
012 614 5000 |
|
Cell number |
Unknown |
|
Current Fax Number |
Unknown |
|
Current Email Address |
Unknown |
|
Web Site Address |
Unknown |
|
Company Registered Name |
ERNEST & YOUNG INC |
|
Trading Name |
Unknown |
|
Registration Number |
Unknown |
|
Physical Address |
Wanders Office Park 52 Corlett Drive ILLOVO 2196 |
|
Postal Address |
PO Box 2322 JOHANNESBURG 2000 |
|
Contact Person |
Unknown |
|
Contact Number |
011 7723000 |
|
Email |
Unknown |
|
Principals |
25 |
|
Judgements Against Subject |
None |
|
Judgements Against Principals |
None |
|
Subject Verified as Client |
Unknown |
|
SAICA number |
Unknown |
|
VAT Number |
4280230949 |
|
Tax Number |
9414606153 |
|
BEE Status |
Unknown |
|
Financial Year End |
June |
|
Years With Auditors |
Unknown |
|
Website |
Unknown |
|
Company Name |
Phone Number |
Time with previous auditors |
|
Unknown |
|
|
|
Vat Number |
Unknown |
|
Status |
Unknown |
|
Vat Liable Date |
Unknown |
|
Tax Number |
9356008178 |
|
Tax Clearance Expire Date |
Unknown |
|
Financial Year End |
June |
|
Status |
Unknown |
|
Score |
Unknown |
|
Expire Date |
Unknown |
|
BEE Certificate Available |
Unknown |
|
Type of ISO Grade |
Unknown |
|
ISO Certificate |
|
|
ISO Certificate Available |
|
|
Certified by an Accredited Agent |
|
|
Registered |
Unknown |
|
Compliance Certified |
|
Subsidiaries
|
Subsidiary Company |
Unknown |
|
Shareholding |
|
|
Registration Number |
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|
Import / Export |
|
|
Subsidiary Company |
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|
Shareholding |
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|
Registration Number |
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|
Import / Export |
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|
Number
of Employees |
Unknown |
|
1. Salaried employees |
|
|
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 |
|
Fleet Operations |
Unknown |
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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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Offices |
Unknown |
Head Office Owned/ Rented |
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|
Rental Company |
|
|
Owned by |
|
|
Value |
|
|
Bond |
|
|
Bank |
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|
Lease Agreement |
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|
Lease Expire Date |
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|
Type of Premises |
|
|
Branches Names |
Country |
Province |
|
Unknown |
|
|
Branches Owned/ Rented |
Unknown |
|
Rental Company |
|
|
Owned |
|
|
Value |
|
|
Bank |
|
|
Bond |
|
|
Lease Agreement |
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|
Lease Expire Date |
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|
Type of Premises |
|
|
Level |
Position |
Name |
|
Unknown |
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|
Note: One level up and all levels down
|
Holding |
Company |
Sub |
|
Unknown |
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|
Key deals signed within the past 12
months.
|
Company |
Value |
Contact |
|
Unknown |
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Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
|
1 |
Unknown |
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2
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3 |
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4 |
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5 |
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Trade References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
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2 |
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3 |
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4 |
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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 |
Unknown |
|
Branch |
|
|
Bank Account Number |
|
|
Type of Account |
|
|
Account Name |
|
|
Overdraft Facilities |
Yes/No |
|
Date Opened |
|
|
Bank Code |
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|
Bank Comment |
|
Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
Years with bank |
|
Unknown |
|
|
|
|
|
|
|
Previous Bank Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
Unknown |
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|
|
|
|
Property
Interestsfor Company
|
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 |
|
Financial Estimates
|
CURRENT ASSETS |
Unknown |
|
Stock |
|
|
Debtors |
|
|
FIXED ASSETS |
|
|
Plant, Equipment, Vehicles |
|
|
Property |
|
|
CURRENT LIABILITIES |
|
|
Creditors |
|
|
Loans/ From? |
|
|
LONG TERM LIABILITIES |
|
|
Morgage Bonds |
|
|
Previous Year Turnover |
|
|
Estimated Current Year Turnover |
|
|
Current Turnover per month |
|
|
Current Turnover per annum |
|
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 |
4 |
|
Average Age of Active Principals |
49 |
Active Principals
Principal
1 of 1: HOWARD ROY GOLDBERG
|
Surname |
GOLDBERG |
|
First Name |
HOWARD |
|
Other Names |
ROY |
|
Marital Status |
Unknown |
|
ID Number |
E7596418 |
|
Verified ID Number |
No |
|
Current Age |
60 |
|
Designation |
Business Person |
|
Status |
Active |
|
Appointment Date |
2011/03/07 |
|
Physical Address (at time of
Appointment) |
8 Amaroo Avenue Castlecove NSW 2069 AUSTRALIA 0000 |
|
Postal Address |
8 Amaroo Avenue CASTLECOVE NSW 2069 0000 |
|
Current Tel Number |
Unknown |
|
Cell number |
Unknown |
|
Current Fax Number |
Unknown |
|
Current Email Address |
Unknown |
|
Shareholding |
Unknown |
Adverse Information for : HOWARD
ROY GOLDBERG
Judgement
|
Number
of /Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for :
HOWARD ROY GOLDBERG
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
COUNTRY
ROAD VENTURES (INCORPORATED IN AUSTRAILIA) |
M2010/014092/10 |
In
Business |
1
Years 9 Months |
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
None |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
Deeds Information
Property
Interestsfor : HOWARD ROY GOLDBERG
|
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 2: SOPHIE BALDERSTONE
|
Surname |
BALDERSTONE |
|
First Name |
SOPHIE |
|
Other Names |
None |
|
Marital Status |
Unknown |
|
ID Number |
L4316532 |
|
Verified ID Number |
No |
|
Current Age |
47 |
|
Designation |
Business Person |
|
Status |
Active |
|
Appointment Date |
2010/10/20 |
|
Physical Address (at time of
Appointment) |
3 The Avenue TOORAK 3142 0000 |
|
Postal Address |
3 The Avenue TOORAK 3142 0000 |
|
Current Tel Number |
Unknown |
|
Cell number |
Unknown |
|
Current Fax Number |
Unknown |
|
Current Email Address |
Unknown |
|
Shareholding |
Unknown |
Adverse Information for :
SOPHIE BALDERSTONE
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for :
SOPHIE BALDERSTONE
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
COUNTRY
ROAD VENTURES (INCORPORATED IN AUSTRAILIA) |
M2010/014092/10 |
In
Business |
1
Years 9 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 : SOPHIE BALDERSTONE
|
Title
Deed No. |
|
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: DAVID ANDREW THOMAS
|
Surname |
THOMAS |
|
First Name |
DAVID |
|
Other Names |
ANDREW |
|
Marital Status |
Unknown |
|
ID Number |
L4328546 |
|
Verified ID Number |
No |
|
Current Age |
36 |
|
Designation |
Business Person |
|
Status |
Active |
|
Appointment Date |
2010/10/20 |
|
Physical Address (at time of
Appointment) |
23 Larnaca Court TEMPLESTOWE VIC 3106 0000 |
|
Postal Address |
23 Larnaca Court TEMPLESTOWE VIC 3106 0000 |
|
Current Email Address |
Unknown |
|
Shareholding |
|
Adverse Information for DAVID ANDREW THOMAS
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for DAVID ANDREW THOMAS
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
COUNTRY ROAD VENTURES (INCORPORATED IN AUSTRALIA) |
M2010/014092/10 |
In Business |
1 Years 9 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 DAVID ANDREW THOMAS
|
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
4 of 4: IAN MOIR
|
Surname |
MOIR |
|
First Name |
IAN |
|
Other Names |
None |
|
Marital Status |
Unknown |
|
ID Number |
5812100000000 |
|
Verified ID Number |
No |
|
Current Age |
54 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2010/06/29 |
|
Physical Address (at time of
Appointment) |
Unit 1 Azamara 15 Houghton Road Camps Bay Western Cape 8001 |
|
Postal Address |
PO Box 680 CAPE TOWN WESTERN CAPE 8000 |
|
Current Tel Number |
Unknown |
|
Cell number |
Unknown |
|
Current Fax Number |
Unknown |
|
Current Email Address |
Unknown |
|
Shareholding |
Unknown |
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
HOLDING LTD |
M1929/001986/06 |
In
Business |
82
Years $ Months |
0 |
No |
|
WOOLWORTHS
(PTY)LTD |
M1956/000518/07 |
In
Business |
56
Years |
0 |
No |
|
WOOLWORTHS
DEVELOPMENTS (PTY)LTD |
M1980/007481/07 |
In
Business |
31
Years 7 Months |
0 |
No |
|
COUNTRY
ROAD VENTURES (INCORPORATED IN AUSTRALIA) |
M2010/014092/10 |
In
Business |
1
Years 9 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 |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.15 |
|
|
1 |
Rs.81.79 |
|
Euro |
1 |
Rs.68.34 |
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.