|
Report Date : |
07.04.2012 |
IDENTIFICATION DETAILS
|
Name : |
RETHUSENG CONTRUCTION & SERVICES CC TRADING AS
EZINDALENI POWER SOLUTIONS |
|
|
|
|
Registered Office : |
Plot Bf4 Teutfontein, Middelburg, Mpumalanga |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
2002 |
|
|
|
|
Com. Reg. No.: |
2002/096382/23 |
|
|
|
|
Legal Form : |
Close Corporation |
|
|
|
|
Line of Business : |
Maintenance of power lines and substations |
|
|
|
|
No. of Employees : |
128 |
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 : |
No complaints |
|
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 |
RETHUSENG
CONTRUCTION & SERVICES CC TRADING AS EZINDALENI POWER SOLUTIONS |
|
Country |
SOUTH
AFRICA |
|
Requested Credit Limit |
US $ 15,00,000.00 |
|
Enquiry Terms |
D/A |
|
Account Review |
|
|
Subject Contact person |
SHIRAZI
SULIMAN LATIF –FINANCIAL DIRECTOR |
|
Assessment |
On
investigation we made contact with Mr SHIRAZI SULIMAN LATIF the financial
director who confirmed that EZINDALENI POWER SOLUTIONS is a trading name of
the subject. We
obtained most of the information but await thefinancials
and trade references. This
appears to be a well-established businessthat had a
previous year turnover of R 50 000 000. Please
see the available information on the subject below. |
|
Registered Name |
RETHUSENG CONSTRUCTION
& SERVICES CC |
|
Trading as/ Division Name |
EZINDALENI POWER
SOLUTIONS |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
2002/096382/23 |
|
Registration Date |
2002 |
|
Date Commenced Trading |
2002 |
|
Age of Business |
10 Years |
|
History of Business |
The subject has commenced as a new business since 2002 |
|
History of Principals |
There are currently 5
active principals |
|
Shareholders and % holding |
24% R KILFOIL 20% M TAYOB 20% E PATEL 11% M LATIF 25% M KILFOIL |
|
Authorised
Share Capital |
Unavailable |
|
Issued Share Capital |
Unavailable |
|
Status |
In Business |
|
Operations Assessment |
Maintenance ofpower lines and substations Construction ofpower lines and substations. Construct and maintenance
of LV, MV and HV power lines/networks from 400V up to 132kV. Maintain live power
lines for Eskom South Africa. Construction from the
ground up to 20mVa Replacement of
poles(dead or live line conditions) Installation /
replacement of transformers Emergency repairs on
power lines |
|
Industry/ Customers |
Companies
that provide electricity and Mining companies |
|
Export |
No |
|
Major Industry Code / SICC |
50100 |
|
Definition of Code |
BUILDING
OF COMPLETE CONSTRUCTIONS OR PARTS THEREOF; CIVIL ENGINEERING |
|
Head Office Physical Address |
Plot BF4 Teutfontein Middelburg MPUMALANGA |
|
Head Office Postal Address |
PO Box 13249 Plot BF4 Teutfontein Middelburg 1050 MPUMALANGA |
|
Current Tel Number |
031 2469017 |
|
Cell number |
082 852 5250 |
|
Current Fax Number |
013 2469018 |
|
Current Email Address |
|
|
Web Site Address |
|
|
Company Registered Name |
DANIE SAUER INC |
|
Trading Name |
DANIE SAUER |
|
Registration Number |
2003/023669/21 |
|
Physical Address |
39 West Street Clubville Middelburg 1050 |
|
Postal Address |
PO Box 1339 Middelburg 1050 |
|
Contact Person |
Martie |
|
Contact Number |
013 282 7258 |
|
Email |
Dsauer@mail.com |
|
Principals |
1 |
|
Judgements
Against Subject |
None |
|
Judgements
Against Principals |
None |
|
Subject Verified as Client |
Yes |
|
SAICA number |
914517A |
|
VAT Number |
4070111606 |
|
Tax Number |
9736672149 |
|
BEE Status |
Unavailable |
|
Financial Year End |
February |
|
Years With Auditors |
5 |
|
Website |
N/A |
|
Company Name |
Phone Number |
Time with previous auditors |
|
None |
|
|
|
Vat Number |
4630205047 |
|
Status |
Active |
|
Vat Liable Date |
End of every month |
|
Tax Number |
9044959154 |
|
Tax Clearance Expire Date |
24/01/2013 |
|
Financial Year End |
28 February |
|
Status |
Yes |
|
Score |
Level 2 |
|
Expire Date |
19/10/2012 |
|
BEE Certificate Available |
Yes |
|
Type of ISO Grade |
Currently in process |
|
ISO Certificate |
|
|
ISO Certificate Available |
|
|
Certified by an Accredited
Agent |
|
|
Registered |
Yes |
|
Compliance Certified |
Yes |
Subsidiaries
|
Subsidiary Company |
None |
|
Shareholding |
|
|
Registration Number |
|
|
Import / Export |
|
|
Number
of Employees |
128 |
|
1. Salaried employees |
108 |
|
2. Waged employees |
20 |
|
3. Permanent employees |
108 |
|
4. Casual employees |
|
|
5. Contracted employees |
20 |
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
|
Fleet
Operations |
|
|
|
|
|
The
Fleet is made up of |
|
|||
|
1.
Cars |
8 |
Owned |
|
|
|
2.
Light Delivery
Vehicles |
15 |
Owned |
|
|
|
3.
Trailers |
|
Owned |
|
|
|
4.
Busses |
|
|
|
|
|
5.
Trucks |
15 |
|
|
|
|
6.
Fork Lifts |
|
|
|
|
|
7.
Other |
|
|
|
|
|
Offices |
|
Head Office Owned/ Rented |
Owned |
|
Rental Company |
|
|
Owned by |
|
|
Value |
1700000 |
|
Bond |
|
|
Bank |
|
|
Lease Agreement |
|
|
Lease Expire Date |
|
|
Type of Premises |
Offices,warehouse and
work shops |
|
Branches Names |
Country |
Province |
|
None |
|
|
Branches Owned/ Rented |
None |
|
Rental Company |
|
|
Owned |
|
|
Value |
|
|
Bank |
|
|
Bond |
|
|
Lease Agreement |
|
|
Lease Expire Date |
|
|
Type of Premises |
|
|
Level |
Position |
Name |
|
Unavailble |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note: One level up and all levels down
|
Holding |
Company |
Sub |
|
24% R KILFOIL 20% M TAYOB 20% E PATEL 11% M LATIF 25% M KILFOIL |
RETHUSENG
CONSTRUCTION & SERVICES CC |
Still awaiting
feedback from subject
|
Company |
Value |
Contact |
|
Unavailable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
|
1 |
Unavailable |
|
|
|
|
2
|
|
|
|
|
|
3 |
|
|
|
|
Trade References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
Unavailable |
|
|
|
|
|
|
|
2 |
|
|
|
|
|
|
|
|
3 |
|
|
|
|
|
|
|
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 |
STANDARD BANK |
|
Branch |
Witbank |
|
Bank Account Number |
032985142 |
|
Type of Account |
Current |
|
Account Name |
Rethuseng
Construction &Services CC |
|
Overdraft Facilities |
Yes |
|
Date Opened |
2005 |
|
Bank Code |
Unavailable |
|
Bank Comment |
Unavailable |
Bank Codes
History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
Years with bank |
|
None |
|
|
|
|
|
|
|
Previous
Bank Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
None |
|
|
|
|
|
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 |
|
|
Stock |
1 500000 |
|
Debtors |
7 500000 |
|
FIXED ASSETS |
Unavailable |
|
Plant, Equipment, Vehicles |
Unavailable |
|
Property |
Unavailable |
|
CURRENT LIABILITIES |
7000000 |
|
Creditors |
Unavailable |
|
Loans/ From? |
Unavailable |
|
LONG TERM LIABILITIES |
Unavailable |
|
Morgage Bonds |
Unavailable |
|
Previous Year Turnover |
50 000000 |
|
Estimated Current Year Turnover |
Unavailable |
|
Current Turnover per month |
3000000-5000000 |
|
Current Turnover per annum |
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 |
5 |
|
Average Age of Active Principals |
46 |
Active
Principals
Principal 1 of 1: RICHARD KILFOIL
|
Surname |
KILFOIL |
|
First Name |
RICHARD |
|
Other Names |
None |
|
Marital Status |
Unknown |
|
ID Number |
6305115028083 |
|
Verified ID Number |
Yes |
|
Current Age |
49 |
|
Designation |
Unknown |
|
Status |
Active |
|
Appointment Date |
2011/04/01 |
|
Physical Address (at time of
Appointment) |
Teutfontien
F7467 Voetpad MIDDELBURG DISTRICT 1050 |
|
Postal Address |
PO Box 13249 MIDDELBURG 1050 |
|
Current Tel Number |
0132452320/0131234567 |
|
Cell number |
0828907600 |
|
Current Fax Number |
None |
|
Current Email Address |
None |
|
Shareholding |
24.0000 |
Adverse
Information for: RICHARD KILFOIL
Judgement
|
Number
of /Judgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for :
RICHARD KILFOIL
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
RETHUSENG
CONSTRUCTION AND SERVICES CC |
2002/096382/23 |
In
Business |
9
Years 5 Months |
0 |
No |
|
SPINOSA
BELEGGINGS CC |
B2002/034475/23 |
In
Business |
9
Years 11 Months |
0 |
No |
|
RICHMAR
CONSTRUCTION AND SERVICES CC |
B2009/123325/23 |
In
Business |
2
Years 10 Months |
0 |
No |
|
EZINDALENI
POWER SOLUTIONS(PTY)LTD |
K2012/003608/07 |
In Business |
3
Months |
0 |
No |
Previous Business Interests
|
Average
Age of Previous Business Interests |
1 Years 7 Months |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
NNENGI CONSTRUCTION SERVICES CC |
B2010/134136/23 |
In
Business |
1
Years 7 Months |
0 |
NO |
Property Interestsfor : RICHARD KILFOIL
|
Title
Deed No. |
T122165/2001 |
Erf/Site No. |
|
|
Deeds
Office |
PRETORIA |
Physical Address |
4
Van Dyk Piet Retief |
|
Property
Type |
Freehold/Ervin |
Extent / Size |
1904.0SQM |
|
Purchase
Date |
2001/06/27 |
Purchase price |
198
000 |
|
%
Ownership |
0 |
Bond Holder |
ESKOM
FINANCE CO PTY LTD |
|
Bond
Number |
B81872001 |
Bond Amount |
220
000 |
|
Title
Deed No. |
T25879/2006 |
Erf/Site No. |
|
|
Deeds
Office |
PRETORIA |
Physical Address |
|
|
Property
Type |
FARMS |
Extent / Size |
21.4133H |
|
Purchase
Date |
2005/10/17 |
Purchase price |
1 200 000,00 |
|
%
Ownership |
0 |
Bond Holder |
STANDARD
BANK VAN SUID-AFRIKA L |
|
Bond
Number |
B338382006 |
Bond Amount |
1 125
000 |
|
Title
Deed No. |
T25880/2006 |
Erf/Site No. |
|
|
Deeds
Office |
PRETORIA |
Physical Address |
Steve Tshwte
Rural |
|
Property
Type |
FARMS |
Extent / Size |
22.2020H |
|
Purchase
Date |
2005/10/17 |
Purchase price |
200 000,00 |
|
%
Ownership |
0 |
Bond Holder |
|
|
Bond
Number |
|
Bond Amount |
0 |
Principal 2 of 2: MOHAMMED TAYOB
|
Surname |
TAYOB |
|
First Name |
MOHAMMED |
|
Other Names |
None |
|
Marital Status |
Unknown |
|
ID Number |
6407075024084 |
|
Verified ID Number |
Yes |
|
Current Age |
48 |
|
Designation |
Unknown |
|
Status |
Active |
|
Appointment Date |
2011/04/01 |
|
Physical Address (at time of
Appointment) |
S Hoekberg
Street Aerorand MIDDELBURG 1050 |
|
Postal Address |
PO Box 1658 MIDDLEBURG 1050 |
|
Current Tel Number |
0132441952/0132441952 |
|
Cell number |
0825533158 |
|
Current Fax Number |
None |
|
Current Email Address |
None |
|
Shareholding |
20.0000 |
Adverse Information for :
MOHAMMED TAYOB
Judgement
|
Number
of Judgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for :
MOHAMMED TAYOB
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
RETHUSENG
CONSTRUCTION AND SERVICES CC |
2002/096382/23 |
In
Business |
9
Years 5 Months |
0 |
No |
|
MALCOM
EZINDALENI HYDRAULICS AND ENGINEERING (PTY)LTD |
2005/006580/07 |
In
Business |
7
Years 1 Months |
0 |
No |
|
EZINDALENI
POWER SOLUTIONS (PTY)LTD |
K2012/003608/07 |
In
Business |
3
Months |
0 |
No |
Previous Business Interests
|
Average
Age of Previous Business Interests |
25 years |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
PREVIKOR
(PTY)LTD |
1968/005973/07 |
Deregistration
Final |
43
Years 10 Months |
0 |
No |
|
LOUIS
PASTEUR MEDICAL INVESTMENTS LTD |
1994/005461/06 |
In
Business |
17
Years 9 Months |
0 |
No |
|
WITBANK
AUTO KING CC |
1995/004213/23 |
Deregistration
Final |
17
Years 2 Months |
0 |
No |
|
SIZANANI
INVESTMENT HOLDINGS (PTY)LTD |
1998/001758/07 |
Deregistration
Final |
14
Years 2 Months |
0 |
No |
|
EZINDALENI
INVESTMENTS (PTY)LTD |
2003/006593/07 |
Deregistration
Final |
9
Years 1 Months |
0 |
No |
Deeds Information
Property Interestsfor : MOHAMMED TAYOB
|
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 3: EBRAHIM PATEL
|
Surname |
PATEL |
|
First Name |
EBRAHIM |
|
Other Names |
None |
|
Marital Status |
Unknown |
|
ID Number |
5807195206084 |
|
Verified ID Number |
Yes |
|
Current Age |
54 |
|
Designation |
Unknown |
|
Status |
Active |
|
Appointment Date |
2011/04/01 |
|
Physical Address (at time of
Appointment) |
15 Wicht Street MIDDELBURG 1050 |
|
Postal Address |
15 Wicht street Middelburg 1050 |
|
Current Email Address |
Unknown |
|
Shareholding |
20.0000 |
Adverse
Information for : EBRAHIM PATEL
Judgement
|
Number
of Judgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business
Information for : EBRAHIM PATEL
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
RETHUSENG CONSTRUCTION
AND SERVICES CC |
2002/096382/23 |
In Business |
9 Years 5 Months |
0 |
No |
|
MALCOM EZINDALENI HYDRAULICS
AND ENGINEERING (PTY)LTD |
2005/006580/07 |
In Business |
7 Years 1 Months |
0 |
No |
|
EZINDALENI POWER
SOLUTIONS (PTY)LTD |
K2012/003608/07 |
In Business |
3 Months |
0 |
No |
Previous Business Interests
|
Average
Age of Previous Business Interests |
17 years |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
E AND I AUTO (PTY)LTD |
1984/002804/07 |
Dissolved |
28
Years 1 Months |
0 |
No |
|
PATSONS AUTO SPARES CC |
1986/021170/23 |
Deregistration
Final |
25
Years 5 Months |
0 |
No |
|
MIDDELBURG MUSLIM SCHOOL |
1996/004866/08 |
In
Business |
16
Years |
0 |
No |
|
KHULISA BAKERY CC |
2000/052845/23 |
Deregistration
Final |
11
Years 7 Months |
0 |
No |
|
NEW HEIGHTS 1240 CC |
2001/015010/23 |
Deregistration
Final |
11
Years 1 Months |
0 |
No |
Deeds
Information
Property Interestsfor : EBRAHIM
PATEL
|
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 5: MOHAMMED LATIF
|
Surname |
LATIF |
|
First Name |
MOHAMMED |
|
Other Names |
None |
|
Marital Status |
Unknown |
|
ID Number |
731275179088 |
|
Verified ID Number |
Yes |
|
Current Age |
39 |
|
Designation |
Unknown |
|
Status |
Active |
|
Appointment Date |
2011/04/01 |
|
Physical Address (at time of
Appointment) |
25 Jinnah Street MIDDELBURG 1055 |
|
Postal Address |
PO Box 1200 MIDDELBURG 1050 |
|
Current Tel Number |
0132478801 |
|
Cell number |
0825514803 |
|
Current Fax Number |
Unknown |
|
Current Email Address |
Unknown |
|
Shareholding |
11.0000 |
Adverse
Information for: MOHAMMED LATIF
Judgement
|
Number
of Judgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business
Information for : MOHAMMED LATIF
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
TETRAFULL
1289 CC |
2000/029846/23 |
In
Business |
11
Years 10 Months |
0 |
No |
|
RETHUSENG
CONSTRUCTION AND SERVICES CC |
2002/096382/23 |
In
Business |
9
Years 5 Months |
0 |
No |
|
SOLLY’S
RENTAL (PTY)LTD |
2004/029813/07 |
In
Business |
7
Years 6 Months |
0 |
No |
|
DEALERSHIP
SOLUTIONS SOUTH AFRICA CC |
2006/122106/23 |
In
Business |
5
Years 9 Months |
0 |
No |
|
EZINDALENI
POWER SOLUTONS (PTY)LTD |
K2012/003608/07 |
In
Business |
3
Months |
0 |
No |
Previous Business Interests
|
Average
Age of Previous Business Interests |
17 years |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SOLLY’S
MOTORS (MIDDELBURG)
(PTY)LTD |
1990/000509/07 |
Deregistration
Final |
22
Years 3 Months |
0 |
No |
|
SOLLY
CELLULAR CC |
1998/002254/23 |
In
Business |
14
Years 3 Months |
0 |
No |
|
WEBREF
INVESTMENTS NO 7 CC |
2000/006861/23 |
Conversion
CO/CC OR CC/CO |
12
Years 2 Months |
0 |
No |
|
BRAINBURG
INTERACTIVE CC |
2001/022037/23 |
In
Business |
11
Years |
0 |
No |
|
BRAINBUG
INTERCONNECT CC |
2001/022038/23 |
Deregistration
Final |
11
Years |
0 |
No |
Deeds
Information
Property Interestsfor : MOHAMMED
LATIF
|
Title
Deed No. |
T131025/2003 |
Erf/Site No. |
|
|
Deeds
Office |
PRETORIA |
Physical Address |
25 Jinnah Eastdene Middelburg |
|
Property
Type |
Freehold/Ervin |
Extent / Size |
686.0SQM |
|
Purchase
Date |
2003/08/12 |
Purchase price |
400
000 |
|
%
Ownership |
0 |
Bond Holder |
First
National Bank |
|
Bond
Number |
B109072199 |
Bond Amount |
150 000,00 |
Principal 5 of 5: MARIA KILFOIL
|
Surname |
KILFOIL |
|
First Name |
MARIA |
|
Other Names |
None |
|
Marital Status |
Unknown |
|
ID Number |
7009160016089 |
|
Verified ID Number |
Yes |
|
Current Age |
42 |
|
Designation |
Unknown |
|
Status |
Active |
|
Appointment Date |
2002/11/13 |
|
Physical Address (at time of
Appointment) |
Teurfontein
F7467 Voetpad MIDDELBURG DISTRICT 1050 |
|
Postal Address |
PO Box 13249 MIDDELBURG 1050 |
|
Current Tel Number |
0131234567 |
|
Cell number |
0788943631 |
|
Current Fax Number |
Unknown |
|
Current Email Address |
Unknown |
|
Shareholding |
25.0000 |
Adverse
Information for: MARIA KILFOIL
Judgement
|
Number
of Judgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business
Information for : MARIA KILFOIL
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
RETHUSENG
CONSTRUCTION AND SERVICES CC |
2002/096382/23 |
In
Business |
9
Years 5 Months |
0 |
No |
|
EZINDALENI
POWER SOLUTIONS (PTY)LTD |
K2012/003608/07 |
In
Business |
3
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 : MARIA
KILFOIL
|
Title
Deed No. |
T122165/2001 |
Erf/Site No. |
|
|
Deeds
Office |
PRETORIA |
Physical Address |
4
Van Dyk Piet Retief |
|
Property
Type |
Freehold/Ervin |
Extent / Size |
1904/0SQM |
|
Purchase
Date |
2001/06/27 |
Purchase price |
198 000,00 |
|
%
Ownership |
0 |
Bond Holder |
ESKOM
FINANCE CO PTY LTD |
|
Bond
Number |
B819872001 |
Bond Amount |
220 000,00 |
|
Title
Deed No. |
T25879/2006 |
Erf/Site No. |
|
|
Deeds
Office |
PRETORIA |
Physical Address |
|
|
Property
Type |
Farms |
Extent / Size |
21.4133H |
|
Purchase
Date |
2005/10/17 |
Purchase price |
1 200 000,00 |
|
%
Ownership |
0 |
Bond Holder |
STANDARD
BANK VAN SUID-AFRIKA |
|
Bond
Number |
B338382006 |
Bond Amount |
1 125 000,00 |
|
Title
Deed No. |
T25880/2006 |
Erf/Site No. |
|
|
Deeds
Office |
PRETORIA |
Physical Address |
Steve
Tshwete
Rural |
|
Property
Type |
Farms |
Extent / Size |
22.2020H |
|
Purchase
Date |
2005/10/17 |
Purchase price |
200
000 |
|
%
Ownership |
0 |
Bond Holder |
|
|
Bond
Number |
|
Bond Amount |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.04 |
|
|
1 |
Rs.81.08 |
|
Euro |
1 |
Rs.67.39 |
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.