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Report Date : |
03.04.2012 |
IDENTIFICATION DETAILS
|
Name : |
HANDY SHOE DYERS AND ADHESIVE MANUFACTURING COMPANY (PTY) LTD |
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Registered Office : |
27-29 Spring Street Ophirton |
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Country : |
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Date of Incorporation : |
08.01.1962 |
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Com. Reg. No.: |
1962/000063/07 |
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Legal Form : |
Private Company |
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Line of Business : |
Subject Engaged in the Business of Dye Products. |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRAs Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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) |
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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 |
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Subject Name |
HANDY
SHOE DYERS AND ADHESIVE MANUFACTURING COMPANY (PTY) LTD |
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Country |
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Requested Credit Limit |
$
15 000 000 |
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Enquiry Terms |
D/A |
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Account Review |
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Subject Contact person |
Mr.
B D MISTRY DIRECTOR |
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Assessment |
On
investigation contact was made with MR. B. D MISTRY. MR.
MISTRY declined to assist with any information regarding the subject as he
believes no one would currently be enquiring about the subject. We
were further informed that if the primary enquirer should require the
subjects information, they should contact the subject directly. Please
see the available information on the subject below. |
|
Registered Name |
HANDY
SHOE DYERS AND ADHESIVE MANUFACTURING COMPANY (PTY) LTD |
|
Trading as/ Division Name |
Unavailable |
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Previous Name |
Unavailable |
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Date of Name Change |
Unavailable |
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Registration Number |
1962/000063/07 |
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Registration Date |
1962-01-08 |
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Date Commenced Trading |
1962-01-08 |
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Age of Business |
50 Years 3 Months |
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History of Business |
Unavailable |
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History of Principals |
Subject Engaged in the Business of Dye Products. |
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Shareholders and % holding |
Unavailable |
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Authorised Share Capital |
0.0000 |
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Issued Share Capital |
0 |
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Status |
In Business |
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Operations Assessment |
Unavailable |
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Industry/ Customers |
Unavailable |
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Export |
Unavailable |
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Major Industry Code / SICC |
Unavailable |
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Definition of Code |
Unavailable |
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Head Office Physical Address |
27-29 Spring Street Ophirton GAUTENG |
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Head Office Postal Address |
FORDSBURG 2033 |
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Current Tel Number |
011 4931743 |
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Cell number |
Unavailable |
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Current Fax Number |
011 4930352 |
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Current Email Address |
Unavailable |
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Web Site Address |
Unavailable |
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Company Registered Name |
JCB (JHB) INCORPORATED |
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Trading Name |
Unavailable |
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Registration Number |
Unavailable |
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Physical Address |
Unavailable |
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Postal Address |
PARKLANDS 2121 |
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Contact Person |
Unavailable |
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Contact Number |
Unavailable |
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Email |
Unavailable |
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Principals |
Unavailable |
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Judgements Against Subject |
Unavailable |
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Judgements Against
Principals |
Unavailable |
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Subject Verified as Client |
Unavailable |
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SAICA number |
Unavailable |
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VAT Number |
Unavailable |
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Tax Number |
Unavailable |
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BEE Status |
Unavailable |
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Financial Year End |
Unavailable |
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Years With Auditors |
Unavailable |
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Website |
Unavailable |
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Company Name |
Phone Number |
Time with previous auditors |
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SEEDAT AND
COMPANY |
Unavailable |
26 Years |
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Vat Number |
Unavailable |
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Status |
Unavailable |
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Vat Liable Date |
Unavailable |
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Tax Number |
9261077847 |
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Tax Clearance Expire Date |
Unavailable |
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Financial Year End |
February |
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Status |
Unavailable |
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Score |
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|
Expire Date |
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BEE Certificate Available |
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Type of ISO Grade |
Unavailable |
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Registered |
Unavailable |
Subsidiaries
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Subsidiary Company |
Unavailable |
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Shareholding |
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Registration Number |
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Import / Export |
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Number of
Employees |
Unavailable |
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1. Salaried
employees |
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Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
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Fleet Operations |
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The Fleet is made up of |
Unavailable |
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1. Cars |
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Offices |
Unavailable |
Head Office Owned/ Rented |
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Branches Names |
Country |
Province |
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Unavailable |
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Branches Owned/ Rented |
Unavailable |
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Level |
Position |
Name |
|
1 |
Director |
DD MISTRY |
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2 |
Director |
BD MISTRY |
Note: One level up and
all levels down
|
Holding |
Company |
Sub |
|
Unavailable |
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Company |
Value |
Contact |
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Unavailable |
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Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
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1 |
Unavailable |
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Trade References
Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
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1 |
Unavailable |
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Judgements
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Judgements |
None |
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Possible Judgements |
None |
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Civil Court |
None |
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RDs |
None |
Judgements
|
Case Number |
No information on record |
Business Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
|
None |
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Default Listings
|
Date |
Details |
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None |
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Notarial Bonds
|
Date |
Details |
|
None |
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Bank |
Standard Bank |
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Branch |
Unavailable |
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Bank Account Number |
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Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RDs |
RD amount |
RD Date |
Bank Comments |
Years with bank |
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Unavailable |
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Previous Bank
Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
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Unavailable |
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Property Interests for Company
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Title Deed No. |
None |
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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Financial
Estimates
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CURRENT ASSETS |
Unavailable |
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 |
70 |
Active Principals
Principal 1 of 3: BHIMBHAI DALUBHAI MISTRY
|
Surname |
MISTRY |
|
First Name |
BHIMBHAI |
|
Other Names |
DALUBHAI |
|
Marital Status |
Unavailable |
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ID Number |
3210085022057 |
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Verified ID Number |
No |
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Current Age |
80 |
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Designation |
Unavailable |
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Status |
Active |
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Appointment Date |
2006-05-23 |
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Physical Address (at time of Appointment) |
2193 |
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Postal Address |
FORDSBURG 2033 |
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Current Tel Number |
Unavailable |
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Cell number |
Unavailable |
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Current Fax Number |
Unavailable |
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Current Email Address |
Unavailable |
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Shareholding |
0.0000 |
Adverse Information for: BHIMBHAI
DALUBHAI MISTRY
Judgement
|
Number of Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for: BHIMBHAI
DALUBHAI MISTRY
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
HANDY SHOE DYES AND ADHESIVES MANUFACTURING
COMPANY (PTY) LTD |
1962/000063/07 |
In Business |
50 Years 3
Months |
0 |
No |
Previous
Business Interests
|
Average Age of
Previous Business Interests |
None |
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Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
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Property
Interests for: BHIMBHAI DALUBHAI MISTRY
|
Title Deed No. |
None |
Erf/Site No. |
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|
Deeds Office |
|
Physical Address |
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Property Type |
|
Extent / Size |
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|
Purchase Date |
|
Purchase price |
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|
% Ownership |
|
Bond Holder |
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|
Bond Number |
|
Bond Amount |
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Principal
2 of 3: BHARATKUMAR MISTRY
|
Surname |
MISTRY |
|
First Name |
BHARATKUMAR |
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Other Names |
Unavailable |
|
Marital Status |
Unavailable |
|
ID Number |
5006035115056 |
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Verified ID Number |
Y |
|
Current Age |
65 |
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Designation |
Director |
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Status |
Active |
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Appointment Date |
1989-11-10 |
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Physical Address (at time of Appointment) |
2193 |
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Postal Address |
FORDSBURG 2033 |
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Current Tel Number |
011 4931743 |
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Cell number |
082 5733050 |
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Current Fax Number |
Unavailable |
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Current Email Address |
Unavailable |
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Shareholding |
0.0000 |
Adverse Information for: BHARATKUMAR
MISTRY
Judgement
|
Number of Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for: BHARATKUMAR
MISTRY
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
HANDY SHOE DYES AND ADHESIVES MANUFACTURING
COMPANY (PTY) LTD |
1962/000063/07 |
In Business |
50 Years 3
Months |
0 |
No |
|
HANDY PROPERTIES (PTY) LTD |
1985/004221/07 |
In Business |
26 Years 7
Months |
0 |
No |
|
HANDY |
2005/039595/07 |
In Business |
6 Years 5 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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Property
Interests for: BHARATKUMAR MISTRY
|
Title Deed No. |
None |
Erf/Site No. |
|
|
Deeds Office |
|
Physical Address |
|
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Property Type |
|
Extent / Size |
|
|
Purchase Date |
|
Purchase price |
|
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% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
Principal
3 of 3: DHIRAJLAL MISTRY
|
Surname |
MISTRY |
|
First Name |
DHIRAJLAL |
|
Other Names |
D |
|
Marital Status |
Unavailable |
|
ID Number |
4205045105054 |
|
Verified ID Number |
Yes |
|
Current Age |
70 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1973-05-01 |
|
Physical Address (at time of Appointment) |
2193 |
|
Postal Address |
FORDSBURG 2033 |
|
Current Tel Number |
011 4931743 |
|
Cell number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse Information for: DHIRAJLAL MISTRY
Judgement
|
Number of Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for: DHIRAJLAL MISTRY
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
HANDY SHOE DYES AND ADHESIVES MANUFACTURING
COMPANY (PTY) LTD |
1962/000063/07 |
In Business |
50 Years 3
Months |
0 |
No |
|
HANDY PROPERTIES (PTY) LTD |
1985/004221/07 |
In Business |
26 Years 7
Months |
0 |
No |
|
HANDY |
2005/039595/07 |
In Business |
6 Years 5 Months |
0 |
No |
Previous
Business Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Property
Interests for: DHIRAJLAL MISTRY
|
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.81.80 |
|
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 SCs 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.