|
Report Date : |
04.04.2012 |
IDENTIFICATION DETAILS
|
Name : |
CAFE CAPS DISTRIBUTION CC |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
08.02.2010 |
|
|
|
|
Com. Reg. No.: |
2010/015831/23 |
|
|
|
|
Legal Form : |
Close Corporation |
|
|
|
|
Line of Business : |
Supply brand name coffee and grind it to exacting
specifications and repackage it in the comparable cartridges |
|
|
|
|
No. of Employees : |
20 |
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 : |
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 |
|
Subject Name |
CAFE
CAPS DISTRIBUTION CC |
|
Country |
SOUTH
AFRICA |
|
Requested Credit Limit |
F&G |
|
Enquiry Terms |
|
|
Account Review |
|
|
Subject Contact person |
ANTHONY
KAY - DIRECTOR |
|
Assessment |
On investigation
we made contact with MR. ANTHONY KAY who confirmed the subject’s information. This
seems to be a well-established family business with an annual turnover of R
60 000 000. The
subject has a credit exposure of R 300 000 however full trade references
to establish a payment pattern were not obtained. We
await a bank code Please
see the available information on the subject below. |
|
Registered Name |
CAFE CAPS DISTRIBUTION CC |
|
Trading as/ Division Name |
CAFÉ CAPS |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
2010/015831/23 |
|
Registration Date |
2010-02-08 |
|
Date Commenced Trading |
2010-02-08 |
|
Age of Business |
2 Years 1 Month |
|
History of Business |
The subject was established as a family business in 2010. |
|
History of Principals |
ANTHONY KAY and SANDRA KAY are married RUSSEL COETZEE and TAMARA KAY are married |
|
Shareholders and % holding |
25 % ANTHONY KAY 25 % SANDRA KAY 25 % RUSSEL COETZEE 25 % TAMARA KAY |
|
Members Contribution |
R100 Ordinary shares divided into 4 with a 25% holding |
|
Status |
In Business |
|
Operations Assessment |
Supply brand name coffee and grind it to exacting specifications
and repackage it in the comparable cartridges |
|
Industry/ Customers |
Private and Super Markets
national and international |
|
Export |
Yes Belgium USA UK Germany Australia |
|
Major Industry Code / SICC |
30491 |
|
Definition of Code |
Manufacture of coffee, coffee substitutes and tea |
|
Head Office Physical Address |
5 Perfecta Road Paarden Eiland CAPE TOWN WESTERN CAPE 7405 |
|
Head Office Postal Address |
PO
Box 471 PARDEN
EILAND CAPE
TOWN WESTERN
CAPE 7420 |
|
Current Tel Number |
021 5105484 – 021 4600428 |
|
Cell number |
082 3191119 |
|
Current Fax Number |
021 5108653 |
|
Current Email Address |
|
|
Web Site Address |
Auditors
Information
The auditors could not confirm the subject as a client
|
Company Registered Name |
PKF (JHB) INC |
|
Trading Name |
|
|
Registration Number |
|
|
Physical Address |
|
|
Postal Address |
|
|
Contact Person |
|
|
Contact Number |
|
|
Email |
|
|
Principals |
|
|
Judgements Against Subject |
|
|
Judgements Against Principals |
|
|
Subject Verified as Client |
|
|
SAICA number |
|
|
VAT Number |
|
|
Tax Number |
|
|
BEE Status |
|
|
Financial Year End |
|
|
Years With Auditors |
|
|
Website |
|
|
Company Name |
Phone Number |
Time with previous auditors |
|
Unavailable |
|
|
|
Vat Number |
4680258243 |
|
Status |
Active |
|
Vat Liable Date |
Unavailable |
|
Tax Number |
Unavailable |
|
Tax Clearance Expire Date |
Unavailable |
|
Financial Year End |
February |
|
Status |
None |
|
Score |
|
|
Expire Date |
|
|
BEE Certificate Available |
|
|
Type of ISO Grade |
22000 |
|
ISO Certificate |
Unavailable |
|
ISO Certificate Available |
Unavailable |
|
Certified by an Accredited
Agent |
Yes |
|
Registered |
Yes |
|
Compliance Certified |
Yes |
Subsidiaries
|
Subsidiary Company |
None |
|
Shareholding |
|
|
Registration Number |
|
|
Import / Export |
|
|
Number
of Employees |
20 |
|
1. Salaried employees |
6 |
|
2. Waged employees |
14 |
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
|
Fleet Operations |
|
|
|
|
|
The Fleet is made up of |
|
|||
|
1. Light Delivery Vehicles |
1 |
Owned |
Unavailable |
Unavailable |
|
Offices |
|
Head Office Owned/ Rented |
Rented |
|
Rental Company |
DAVID DE SELDA (Private Rental) |
|
Lease Agreement |
5 Years |
|
Lease Expire Date |
June 2016 |
|
Type of Premises |
Factory |
|
Branches Names |
Country |
Province |
|
None |
|
|
Branches Owned/ Rented |
Unavailable |
|
Rental Company |
|
|
Owned |
|
|
Value |
|
|
Bank |
|
|
Bond |
|
|
Lease Agreement |
|
|
Lease Expire Date |
|
|
Type of Premises |
|
|
Level |
Position |
Name |
|
1 |
Member |
ANTHONY KAY |
|
2 |
Member |
SANDRA KAY |
|
3 |
Member |
RUSSEL COETZEE |
|
4 |
Member |
TAMARA KAY |
Note: One level up and all levels down
|
Holding |
Company |
Sub |
|
25 % ANTHONY KAY 25 % SANDRA KAY 25 % RUSSEL COETZEE 25 % TAMARA KAY |
CAFE CAPS DISTRIBUTION CC |
None |
|
Company |
Value |
Contact |
|
Declined |
|
|
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
|
1 |
SECRET
RIVER TRADING |
DANIEL 021
4600428 |
|
|
Trade References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
18 Months |
R
300 000 |
R 45
000 |
30
Days |
R
25 000 – R 30 000 |
30
Days |
Good
Payers – Excellent Cash Flow |
Adverse
Information on Subject
Judgements
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil
Court Records |
None |
|
RDs |
None |
Judgements
|
Case
Number |
No information on record |
|
Amount |
|
|
Reason |
|
|
Court
Name |
|
|
Judgement
Type |
|
|
Judgement
Date |
|
|
Plaintiff
(Multiple) |
|
Business Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
|
None |
|
|
|
Default Listings
|
Date |
Details |
|
None |
|
Notarial Bonds
|
Date |
Details |
|
None |
|
|
Bank |
NEDBANK |
|
Branch |
NELSON MANDELA SQUARE |
|
Bank Account Number |
1224108817 |
|
Type of Account |
CHEQUE |
|
Account Name |
CAFÉ CAPS DISTRIBUTORS (PTY) LTD |
|
Overdraft Facilities |
None |
|
Date Opened |
Unavailable |
|
Bank Code |
Awaiting Bank Code |
|
Bank Comment |
|
Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
Years with bank |
|
Unavailable |
|
|
|
|
|
|
|
Previous Bank Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
Unavailable |
|
|
|
|
|
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 |
R 10 000 000 |
|
Stock |
|
|
Debtors |
R 1 500 000 |
|
FIXED ASSETS |
|
|
Plant, Equipment, Vehicles |
Inclusive in the R 10 000 000 |
|
Property |
Unavailable |
|
CURRENT LIABILITIES |
|
|
Creditors |
R 200 000 |
|
Loans/ From? |
None |
|
LONG TERM LIABILITIES |
|
|
Morgage Bonds |
None |
|
Previous Year Turnover |
Unavailable |
|
Estimated Current Year Turnover |
R 60 000 000 |
|
Current Turnover per month |
R 5 000 000 |
|
Current Turnover per annum |
R 60 000 000 |
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 |
50 |
Active Principals
Principal
1 of 4: ANTHONY KAY
|
Surname |
KAY |
|
First Name |
ANTHONY |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
6204145177186 |
|
Verified ID Number |
Yes |
|
Current Age |
50 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2010-02-08 |
|
Physical Address (at time of
Appointment) |
31 Oliver Court Oliver Road Seapoint CAPE TOWN 8001 |
|
Postal Address |
31 Oliver Court Oliver Road Seapoint CAPE TOWN 8001 |
|
Current Tel Number |
021 4382960 |
|
Cell number |
082 3191119 |
|
Current Fax Number |
021 5108653 |
|
Current Email Address |
|
|
Shareholding |
25.0000 |
Adverse Information for:
ANTHONY KAY
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for:
ANTHONY KAY
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SOLLY KAY FAMILY HOLDINGS (PTY) LTD |
1980/004113/07 |
Conversion
CO/CC or CC/CO |
31
Years 10 Months |
0 |
No |
|
MO FO PROPERTY INVESTMENTS CC |
2007/030827/23 |
In
Business |
5
Years 1 Month |
0 |
No |
|
NOTEWORTHY TRADE 18 (PTY) LTD |
2010/005771/07 |
In
Business |
2
Years |
0 |
No |
|
CAPE CAPS DISTRIBUTION CC |
2010/015831/23 |
In
Business |
2
Years 1 Month |
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
Interests for: ANTHONY KAY
|
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 4: RUSSELL COETZEE
|
Surname |
COETZEE |
|
First Name |
RUSSEL |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
6002015106081 |
|
Verified ID Number |
Yes |
|
Current Age |
52 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2010-02-08 |
|
Physical Address (at time of
Appointment) |
No9 Chez Kay-Mara Kitui Road SUNNINGHILL GARDENS 2157 |
|
Postal Address |
PO Box 2257 SUNNINGHILL 2157 |
|
Current Tel Number |
011 8033947 |
|
Cell number |
083 2791413 |
|
Current Fax Number |
021 5108653 |
|
Current Email Address |
|
|
Shareholding |
25.0000 |
Adverse Information for:
RUSSELL COETZEE
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for: RUSSELL
COETZEE
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
ELECTRO-OHM CC |
1988/017897/23 |
In
Business |
23
Years 8 Months |
0 |
No |
|
CAPE CAPS DISTRIBUTION CC |
2010/015831/23 |
In
Business |
2
Years 1 Month |
0 |
No |
|
RUSCOE INSOLVENT ESTATE C |
6002015106008 |
|
Unknown |
0 |
No |
|
4 CREATIVE SPACE DESIGN AND REVAMP CC |
B2006/103729/23 |
In
Business |
5
Years 9 Months |
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
4 Years |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MO FO PROPERTY INVESTMENTS CC |
2007/030827/23 |
In
Business |
5
Years 1 Month |
0 |
No |
|
AWS ALUMINIUM WINDOW SPECIALIST CC |
2009/063621/23 |
In
Business |
3
Years |
0 |
No |
Deeds Information
Property
Interests for: RUSSELL COETZEE
|
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 4: TAMARA KAY
|
Surname |
KAY |
|
First Name |
TAMARA |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
5810090032084 |
|
Verified ID Number |
No |
|
Current Age |
54 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2010-02-08 |
|
Physical Address (at time of
Appointment) |
No9 Chez Kay-Mara Kitui Road SUNNINGHILL GARDENS 2157 |
|
Postal Address |
PO Box 2257 SUNNINGHILL 2157 |
|
Current Tel Number |
021 5105484 |
|
Cell number |
083 2715376 |
|
Current Fax Number |
021 5108653 |
|
Current Email Address |
|
|
Shareholding |
25.0000 |
Adverse Information for:
TAMARA KAY
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for:
TAMARA KAY
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MO FO PROPERTY INVESTMENTS CC |
2007/030827/23 |
In
Business |
5
Years 1 Month |
0 |
No |
|
CAPE CAPS DISTRIBUTION CC |
2010/015831/23 |
In
Business |
2
Years 1 Month |
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
10 Years 8 Months |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
AFTER DARK FUNCTIONS CC |
2001/052605/23 |
Deregistration
Final |
10
Years 8 Months |
0 |
No |
Deeds Information
Property
Interests for: TAMARA KAY
|
Title
Deed No. |
T117571/2002 |
Erf/Site No. |
|
|
Deeds
Office |
PRETORIA |
Physical Address |
8
KITUI SUNNINGHILL SANDTON |
|
Property
Type |
Freehold / Ervin |
Extent / Size |
2109.0SQM |
|
Purchase
Date |
2002-08-26 |
Purchase price |
R
240 000,00 |
|
%
Ownership |
0.0000 |
Bond Holder |
|
|
Bond
Number |
|
Bond Amount |
R
0,00 |
Principal
4 of 4: SANDRA KAY
|
Surname |
KAY |
|
First Name |
SANDRA |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
6503220073008 |
|
Verified ID Number |
Yes |
|
Current Age |
47 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2010-02-08 |
|
Physical Address (at time of
Appointment) |
No2 Glenwaters 44 Geneva Drive Camps Bay CAPE TOWN 8005 |
|
Postal Address |
No2 Glenwaters 44 Geneva Drive Camps Bay CAPE TOWN 8005 |
|
Current Tel Number |
021 5105484 |
|
Cell number |
082 3191119 |
|
Current Fax Number |
021 5108653 |
|
Current Email Address |
|
|
Shareholding |
25.0000 |
Adverse Information for:
SANDRA KAY
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for:
SANDRA KAY
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
CAFE CAPS DISTRIBUTION CC |
2010/015831/23 |
In
Business |
2
Years 1 Month |
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
Interests for: SANDRA KAY
|
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.50.56 |
|
|
1 |
Rs.81.04 |
|
Euro |
1 |
Rs.67.48 |
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.