MIRA INFORM REPORT

 

 

Report Date :

11.04.2012

 

IDENTIFICATION DETAILS

 

Name :

ADENCO CONSTRUCTION (PTY) LTD

 

 

Registered Office :

8 Gooderson Road Blackheath 7581 Western Cape

 

 

Country :

South Africa

 

 

Date of Incorporation :

14.10.2004

 

 

Com. Reg. No.:

2004/029978/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Manufacture of Electric Motors, Generators and Transformers

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

South Africa

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Summary

 

Subject Name

ADENCO CONSTRUCTION (PTY) LTD

Country

SOUTH AFRICA

Requested Credit Limit

$ 15 000 000

Enquiry Terms

D/A

Account Review

 

Subject Contact person

DRIES KNOBEL – FINANCIAL MANAGERR

 

Assessment

 

 

 

 

On investigation we made contact with Mr. DRIES KNOBEL who requested the questionnaire be sent to him.

He was unable to assist with the information without the authorisation from the directors of the company.

The directors currently have the questionnaire and will advise if they will assist with the information however we have had no reply as yet.

 

However please see the available information on the subject below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company Information

 

Registered Name

ADENCO CONSTRUCTION (PTY) LTD

Trading as/ Division Name

Unavailable

Previous Name

Unavailable

Date of Name Change

Unavailable

Registration Number

2004/029978/07

Registration Date

2004-10-14

Date Commenced Trading

2004-10-14

Age of Business

7 Years 6 Months

History of Business

Founding members D.J. (Bes) Bezuidenhout & D.C.C. (Danie) Jackson established ADENCO CONSTRUCTION on the 1st of September 1993

History of Principals

Director – Managing

·         Diederick Johannes Bezuidenhout

Director – Projects

·         Daniλl Christian Cronjι Jackson

Director – Projects

·         Alexander Machiel Kriel de Waal

Director – Projects

·         Deon Bezuidenhout

Director – Business Development

·         Victor Peter Machimana

Shareholders and  % holding

Unavailable

Authorised Share Capital

Unavailable

Issued Share Capital

Unavailable

Status

In Business

Operations Assessment

ELECTRICAL AND ENGINEERING CONTRACTORS

Industry/ Customers

Municipalities

Government Departments

Property Developers

Private Companies

Private individuals

Export

Unavailable

Major Industry Code / SICC

36100

Definition of Code

MANUFACTURE OF ELECTRIC MOTORS, GENERATORS AND TRANSFORMERS

Head Office Physical Address

 

 

8 Gooderson Road

Blackheath

7581

WESTERN CAPE

Head Office Postal Address

 

 

PO Box 480

KUILSRIVER

7579

Current Tel Number

021 9055707

Cell number

Unavailable

Current Fax Number

021 9055710

Current Email Address

admin@adenco.co.za

Web Site Address

www.adenco.co.za

 

Auditors Information

 

Company Registered Name

JACKSON NEETHLING

Trading Name

Unavailable

Registration Number

Unavailable

Physical Address

Unavailable

Postal Address

PO Box 130

BELLVILLE

7535

Contact Person

Unavailable

Contact Number

Unavailable

Email

Unavailable

Principals

Unavailable

Judgements Against Subject

Unavailable

Judgements Against Principals

Unavailable

Subject Verified as Client

Unavailable

SAICA number

Unavailable

VAT Number

Unavailable

Tax Number

Unavailable

BEE Status

Unavailable

Financial Year End

Unavailable

Years With Auditors

Unavailable

Website

Unavailable

 

Previous Auditors

Company Name

Phone Number

Time with previous auditors

J H JORDAAN KFR (SA)

 

Unknown

 

 

Tax Information

 

Vat Number

4700138938

Status

Active

Vat Liable Date

1993-09-01

Tax Number

9000083023

Tax Clearance Expire Date

Unavailable

Financial Year End

February

 

 

Black Economic Empowerment

 

Status

Unavailable

Score

 

Expire Date

 

BEE Certificate Available

 

 

 

ISO Status

 

Type of ISO Grade

Unavailable

ISO Certificate

 

ISO Certificate Available

 

Certified by an Accredited Agent

 

 

 

Workman’s compensation

 

Registered

Unavailable

Compliance Certified

 

 


Company Structure

Subsidiaries

 

Subsidiary Company

Unavailable

Shareholding

 

Registration Number

 

Import / Export

 

 

Number of Employees

Unavailable

1.       Salaried employees

 

2.       Waged employees

 

3.       Permanent employees

 

4.       Casual employees

 

5.       Contracted employees

 

 



Company Fleet

No of vehicles:

Owned/ Leased

Value

Outstanding Balance

Fleet Operations

 

 

 

 

The Fleet is made up of

Unavailable

1.       Cars

 

 

 

 

2.       Light Delivery Vehicles

 

 

 

 

3.       Trailers

 

 

 

 

4.       Busses

 

 

 

 

5.       Trucks

 

 

 

 

6.       Fork Lifts

 

 

 

 

7.       Other

 

 

 

 

 

Offices

Unavailable

 

Branches Names

Country

Province

KNYSNA

(Southern Cape)

SOUTH AFRICA

WESTERN CAPE

VREDENBURG

(West Coast)

SOUTH AFRICA

WESTERN CAPE

STANFORD (Overstrand)

SOUTH AFRICA

WESTERN CAPE

SPRINGBOK

(Nama Khoi)

SOUTH AFRICA

NORTHERN CAPE

 


Branches Owned/ Rented

Unavailable

Type of Premises

 

 


Branches Owned/ Rented

Unavailable

Rental Company

 

 

 


Branches Owned/ Rented

Unavailable

 

 


Branches Owned/ Rented

Unavailable

                       

Management Overview

 

Organisation chart

Level

Position

Name

1

Managing Director

DIEDERICK JOHANNES BEZUIDENHOUT

2

Projects Director

DANIEL CHRISTIAN CRONJE JACKSON

3

Projects Director

ALEXANDER MACHIEL KRIEL DE WAAL

4

Projects Director

DEON BEZUIDENHOUT

5

Business Developement Director

VICTOR PETER MACHIMANA

 

Company Structure (Ownership)

Note: One level up and all levels down

Holding

Company

Sub

Unavailable

 

 

 

 

Trade References

 

Key deals signed within the past 12 months.

 

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

 

 

 

 

 

 

 


Adverse Information on Subject

Judgements

Judgements

None

Possible Judgements

None

Civil Court

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 Information

 

Bank

Unavailable

 

 

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

 

 

 

 

 

 

 


Deeds Information

 

Property Interestsfor Company

Title Deed No.

T94396/2007

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

11 Gooderson

BLACKHEATH

Property Type

Freehold / Ervin

Extent / Size

2052.0SQM

Purchase Date

2007-07-19

Purchase price

R 2 250 000,00

% Ownership

0.0000

Bond Holder

ABSA BANK LTD

Bond Number

B1090532007

Bond Amount

R 1 500 000,00

 

 

Title Deed No.

T11494/2010

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

SPRINGBOK

Property Type

Freehold / Ervin

Extent / Size

2500.0SQM

Purchase Date

2010-01-06

Purchase price

R 1 800 000,00

% Ownership

0.0000

Bond Holder

RANOS 2082 CC

Bond Number

VA7522010

Bond Amount

R0,00

 

Title Deed No.

T4093/2008

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

1292 KLEINE STANFORD

Property Type

Freehold / Ervin

Extent / Size

2500.0SQM

Purchase Date

2007-09-27

Purchase price

R 525 000,00

% Ownership

0.0000

Bond Holder

 

Bond Number

 

Bond Amount

R 0,00

 

Title Deed No.

T75491/2008

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

1776 Quick

STANFORD

Property Type

Freehold / Ervin

Extent / Size

595.0SQM

Purchase Date

2008-09-03

Purchase price

R 750 000,00

% Ownership

0.0000

Bond Holder

 

Bond Number

 

Bond Amount

R 0,00

 

Title Deed No.

T8428/2009

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

244 Daneel STANFORD

Property Type

Freehold / Ervin

Extent / Size

1190.0SQM

Purchase Date

2009-01-06

Purchase price

R 1 050 000,00

% Ownership

0.0000

Bond Holder

 

Bond Number

 

Bond Amount

R 0,00

 

 

Title Deed No.

T603237/2006

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

3 Skakel

Rusfontein

VREDENBURG

Property Type

Freehold / Ervin

Extent / Size

769.0SQM

Purchase Date

2006-04-07

Purchase price

R 700 000,00

% Ownership

0.0000

Bond Holder

 

Bond Number

 

Bond Amount

R 0,00

 

 

Financial Information

Financial Estimates

 

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

6

Average Age of Active Principals

46

 

Active Principals

Principal 1 of 6: LUCILLE JANUARIE

Surname

JANUARIE

First Name

LUCILLE

Other Names

Unavailable

Marital Status

Unavailable

ID Number

7808060121083

Verified ID Number

Yes

Current Age

34

Designation

Businesswoman

Status

Active

Appointment Date

2010-03-01

Physical Address (at time of Appointment)

113 Voortrekker Road

SPRINGBOK

8240

Postal Address

113 Voortrekker Road

SPRINGBOK

8240

Current Tel Number

027 7122431

Cell number

082 9413505

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0.000

 

 

Adverse Information for: LUCILLE JANUARIE

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for: LUCILLE JANUARIE

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

GENCHARGE REWINDERS CC

2003/060270/23

In Business

8 Years 9 Months

0

No

ADENCO CONSTRUCTION (PTY) LTD

2004/029978/07

In Business

7 Years 6 Months

0

No

NAMAQUA ESTATES CC

B2005/113086/23

In Business

6 Years 8 Months

0

No

 

 

Previous Business Interests

Average Age of Previous Business Interests

7 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

DELWIEN WOMANS DIAMOND TRADING CC

2004/068625/23

Deregistration Final

7 Years 9 Months

0

No

BUSHMANLAND ELECTRICAL AND MECHANICAL CONTRACTS (PTY) LTD

2005/001463/07

In Business

6 Years 10 Months

0

No

OSIB PROPERTY DEVELOPEMENT CC

2005/071950/23

In Business

6 Years 10 Months

0

No

 


Deeds Information

 

Property Interests for: LUCILLE JANUARIE

 

Title Deed No.

T53699/2011

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

7 Carinus

SPRINGBOK

Property Type

Freehold / Ervin

Extent / Size

788.0SQM

Purchase Date

2011-02-22

Purchase price

R 750 000,00

% Ownership

0.0000

Bond Holder

STANDARD BANK OF SOUTH AFRICA

Bond Number

B281902011

Bond Amount

R 750 000,00

 

Title Deed No.

T2154/2012

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

POFADDER

Property Type

Freehold / Ervin

Extent / Size

1204.0SQM

Purchase Date

2011-06-14

Purchase price

R 350 000,00

% Ownership

0.0000

Bond Holder

BANBURY TRUST

Bond Number

B13222012

Bond Amount

R 175 000,00

 

Title Deed No.

T78310/2007

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

SPRINGBOK

Property Type

Freehold / Ervin

Extent / Size

1082.0SQM

Purchase Date

2006-08-03

Purchase price

R 150 000,00

% Ownership

0.0000

Bond Holder

ABSA BANK LTD

Bond Number

B923082007

Bond Amount

R 150 000,00

 

 

Principal 2 of 6: VICTOR MACHIMANA

 

Surname

MACHIMANA

First Name

VICTOR

Other Names

Unavailable

Marital Status

Unavailable

ID Number

7501115354086

Verified ID Number

Yes

Current Age

37

Designation

Businessman

Status

Active

Appointment Date

2010-03-01

Physical Address (at time of Appointment)

22 Dennis Road

Atholl

SANDTON

2146

Postal Address

22 Dennis Road

Atholl

SANDTON

2146

Current Tel Number

011 8245200

Cell number

079 8826660

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0.0000

 

Adverse Information for: VICTOR MACHIMANA

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

 

Business Information for: VICTOR MACHIMANA

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

BLITZ READY MIX (PTY) LTD

1978/004060/07

In Business

33 Years 6 Months

0

No

BLITZ CONCRETE RSA (PTY) LTD

2001/019996/07

In Business

10 Years 8 Months

0

No

ADENCO CONSTRUCTION (PTY) LTD

2004/029978/07

In Business

7 Years 6 Months

0

No

CAPITAL EDGE INVESTMENTS (PTY) LTD

2005/034357/07

In Business

6 Years 7 Months

0

No

POWERREC (PTY) LTD

2007/027507/07

In Business

4 Years 7 Months

0

No

 

Previous Business Interests

Average Age of Previous Business Interests

10 years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

CONCRETE JUNCTION (PTY) LTD

1998/010277/07

In Business

13 Years 11 Months

0

No

BOHLABELA INVESTMENT (PTY) LTD

2002/008645/07

Deregistration Final

10 Years

0

No

BOHLABELA COMMUNICATIONS (PTY) LTD

2002/009160/07

Deregistration Final

10 Years

0

No

MUSHMAC CC

2005/012952/23

Deregistration Final

7 Years 2 Months

0

No

KHORO HOLDINGS (PTY) LTD

2003/031383/07

Deregistration Final

8 Years 4 Months

0

No

 

 

Deeds Information

 

Property Interests for: VICTOR MACHIMANA

 

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 6: ALEXANDER DE WAAL

Surname

DE WAAL

First Name

ALEXANDER

Other Names

Unavailable

Marital Status

Unavailable

ID Number

6609165016082

Verified ID Number

Yes

Current Age

46

Designation

Project Manager

Status

Active

Appointment Date

2008-08-26

Physical Address (at time of Appointment)

21 Plantasie Street

CALEDON

7230

Postal Address

21 Plantasie Street

CALEDON

7230

Current Tel Number

028 2141405

Cell number

Unavailable

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0.0000

 


 

Adverse Information for: ALEXANDER DE WAAL

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for: ALEXANDER DE WAAL

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

ADENCO CONSTRUCTION (PTY) LTD

2004/029978/07

In Business

7 Years 6 Months

0

No

NOBLE ARCH PROPERTIES 51 CC

B2004/091718/23

In Business

7 Years 7 Months

0

No

 

Previous Business Interests

Average Age of Previous Business Interests

10 years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

LADUMA ELECTRICAL CONTRACTORS CC

1999/056726/23

Deregistration Final

12 Years 7 Months

0

No

BADEN TEC PLANT HIRE (PTY) LTD

2002/007935/07

In Business

10 Years

0

No

BADEN TEC (PTY) LTD

2002/007936/07

In Business

10 Years

1

No

ARC CON CC

2003/024448/23

In Business

9 Years 1 Month

0

No

 

Deeds Information

 

Property Interests for: ALEXANDER DE WAAL

 

Title Deed No.

T31337/2001

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

21 Plantasie

Caledon

MYDDLETON

Property Type

Freehold / Ervin

Extent / Size

818.0SQM

Purchase Date

2001-02-02

Purchase price

R 300 000,00

% Ownership

0.0000

Bond Holder

BOE BANK LTD

Bond Number

B217302001

Bond Amount

R 200 000,00

 

Principal 4 of 6: DANIEL JACKSON

Surname

JACKSON

First Name

DANIEL

Other Names

Unavailable

Marital Status

Unavailable

ID Number

5311215025087

Verified ID Number

Yes

Current Age

59

Designation

Unavailable

Status

Active

Appointment Date

2004-10-14

Physical Address (at time of Appointment)

C2 Waterside

Holiday Crescent Drive

KYSNA

6570

Postal Address

PO Box 3475

KNYSNA

6570

Current Tel Number

021 9055707

Cell number

082 6581861

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0.0000

 

 

Adverse Information for: DANIEL JACKSON

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for: DANIEL JACKSON

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

ADENCO CONSTRUCTION (PTY) LTD

2004/029978/07

In Business

7 Years 6 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 Interests for: DANIEL JACKSON

 

Title Deed No.

T12085/2003

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

ROUXVILLE

KUILS RIVER

Property Type

Freehold / Ervin

Extent / Size

554.0SQM

Purchase Date

2002-11-18

Purchase price

R 400 000,00

% Ownership

0.0000

Bond Holder

ABSA BANK LTD

Bond Number

B80572003

Bond Amount

R 350 000,00

 

Principal 5 of 6: DIEDERICK BEZUIDENHOUT

Surname

BEZUIDENHOUT

First Name

DIEDERICK

Other Names

Unavailable

Marital Status

Unavailable

ID Number

5112195019086

Verified ID Number

Yes

Current Age

61

Designation

Unavailable

Status

Active

Appointment Date

2004-10-14

Physical Address (at time of Appointment)

3 Hardekool Street

Rouxville

KUILSRIVIER

7579

Postal Address

PO Box 480

KUILSRIVIER

7579

Current Tel Number

021 9055707

Cell number

083 2770535

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0.0000

 


 

Adverse Information for: DIEDERICK BEZUIDENHOUT

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for: DIEDERICK BEZUIDENHOUT

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

EMPOWER-LEC CC

1997/029619/23

In Business

14 Years 10 Months

0

No

ADENCO CONSTRUCTION (PTY) LTD

2004/029978/07

In Business

7 Years 6 Months

0

No

ELGASCAN (PTY) LTD

2010/018108/07

In Business

1 Year 8 Months

0

No

NOBLE ARCH PROPERTIES 51 CC

B2004/091718/23

In Business

7 Years 7 Months

0

No

DILIGENCE ENGINEERING INSPECTIONS (PTY) LTD

M2004/031535/07

In Business

7 Years 5 Months

0

No

ADENCO ENERGY (PTY) LTD

M2011/007103/07

In Business

1 Year

0

No

NAMASTAT LODGE (PTY) LTD

M2011/011052/07

In Business

11 Months

0

No

 

 

 

Previous Business Interests

Average Age of Previous Business Interests

9 years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

LITEREC CC

1996/034950/23

Deregistration Final

15 Years 9 Months

0

No

BLACKHEATH CITY IMPROVEMENT DISTRICT

2005/036286/08

In Business

6 Years 6 Months

0

No

CITRINE RETICULATION (PTY) LTD

2006/025920/07

Deregistration Final

5 Years 8 Months

0

No

POWERREC (PTY) LTD

2007/027507/07

In Business

4 Years 7 Months

0

No

           

Deeds Information

 

Property Interests for: DIEDERICK BEZUIDENHOUT

 

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 6 of 6: DEON BEZUIDENHOUT

Surname

BEZUIDENHOUT

First Name

DEON

Other Names

Unavailable

Marital Status

Unavailable

ID Number

7309305052084

Verified ID Number

Yes

Current Age

39

Designation

Businessman

Status

Active

Appointment Date

2004-10-14

Physical Address (at time of Appointment)

10 Antiqua Island

Harbour Island

GORDANS BAY

7150

Postal Address

10 Antiqua Island

Harbour Island

GORDANS BAY

7150

Current Tel Number

021 9055707

Cell number

0828994590

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0.0000

 

Adverse Information for: DEON BEZUIDENHOUT

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for: DEON BEZUIDENHOUT

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

SIKUNYE HOLDINGS (PTY) LTD

2002/020995/07

In Business

9 Years 8 Months

0

No

ADENCO CONSTRUCTION (PTY) LTD

2004/029978/07

In Business

7 Years 6 Months

0

No

POWERREC (PTY) LTD

2007/027507/07

In Business

4 Years 7 Months

0

No

BROADBANDWIRELESS (PTY) LTD

M2005/010510/07

In Business

7 Years

0

No

ADENCO ENERGY (PTY) LTD

M2011/007103/07

In Business

1 Year

0

No

 

Previous Business Interests

Average Age of Previous Business Interests

6.5 years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

G BAY INTERNET CC

2005/001776/23

In Business

7 Years 3 Months

0

No

24-7 ONLINE (PTY) LTD

2006/018281/07

Deregistration Final

5 Years 10 Months

1

No

 

Deeds Information

 

Property Interests for: DEON BEZUIDENHOUT

 

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.51.20

UK Pound

1

Rs.81.50

Euro

1

Rs.67.15

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.