MIRA INFORM REPORT

 

 

Report Date :           

21.04.2012

 

IDENTIFICATION DETAILS

 

Name :

ASPEN PHARMACARE HOLDINGS LTD

 

 

Registered Office :

Building 8 Healthcare Park, Woodlands Drive, Woodmead, Gauteng

 

 

Country :

South Africa

 

 

Financials (as on) :

31.12.2009 (Group)

 

 

Date of Incorporation :

25.06.1985

 

 

Com. Reg. No.:

M1985/002935/06

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Manufacture of pharmaceuticals, medicinal chemicals and botanical products

 

 

No. of Employees :

3000 in the group

 

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

 

Maximum Credit Limit :

US$150 000 000

 

 

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 – 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

 


 

Company summary

 

Subject Name

ASPEN PHARMACARE HOLDINGS LTD

Country

SOUTH AFRICA

Requested Credit Limit

US$150 000 000

Enquiry Terms

D/A

Account Review

EVERY 12 MONTHS

Subject Contact person

RIAAN VERSTER- COMPANY SECRETARY

 

 

 

Assessment

 

 

 

On investigation it was established that the subject is a listed investment company.

 

The subject is therefore not a general credit seeker.

 

Due to the status of the subject they would be considered as equal to their normal business engagements.

 

 

 

 

 

 

 

 

 

 

 

 

 

Company Information

 

Registered Name

ASPEN PHARMACARE HOLDINGS LTD

Listed on the JSE

Trading as/ Division Name

None

Previous Name

None

Date of Name Change

N/A

Registration Number

M1985/002935/06

Registration Date

1985-06-25

Date Commenced Trading

1985

Age of Business

26 years 10 months

History of Business

Unavailable

History of Principals

None

Shareholders and  % holding

83.6% Krok Family Trust via Medex Ltd

(13%) of the shares are under the direct ownership of BEE shareholders)

4% Imithi Investments (Pty) Ltd (“Imithi”),

8% holding in Aspen is owned by subsidiaries of the CEPPWAWU Development Trust,

Plus various other investors on the JSE

Status

In Business

Operations Assessment

Investment holding company for a main pharmaceutical manufacturer PHARMACARE (PTY)LTD

Industry/ Customers

None

Export

None

Major Industry Code / SICC

33530

Definition of Code

Manufacture of pharmaceuticals, medicinal chemicals and botanical products

Head Office Physical Address

 

 

Building 8 Healthcare Park

Woodlands Drive

WOODMEAD

Gauteng

Head Office Postal Address

 

 

P O Box 1587

GALLO MANOR

2052

Current Tel Number

011 2396100/6121

Cell number

None

Current Fax Number

011 2396111/6144

Current Email Address

Unavailable

Web Site Address

www.aspen.com

 

 

Auditors Information

Company Registered Name

PRICEWATERHOUSE COOPERS

Trading Name

PWC INC

Registration Number

1998/012055/21

Physical Address

2 Eglin Road

SUNNINGHILL

2157

Postal Address

Private Bag X36

SUNNINGHILL

2157

Contact Person

Sakkie Buys

Contact Number

011 797 4000

Email

sakkie.buys@za.pwc.com 

Principals

246

Judgements Against Subject

None

Judgements Against Principals

None

Subject Verified as Client

Yes

VAT Number

4950174682

Tax Number

9343032844

BEE Status

Level 2

Financial Year End

June

Website

www.pwc.com

 

Previous Auditors

Company Name

Phone Number

Time with previous auditors

None

 

 

 

 

Tax Information

 

Vat Number

4600104386

Status

Suspended – awaiting confirmation and reason for suspended status

Vat Liable Date

1991-09-30

Tax Number

9325178714

Tax Clearance Expire Date

June

Financial Year End

June

 

Black Economic Empowerment

 

Status

Yes

Score

 

Expire Date

 

BEE Certificate Available

No

 

ISO Status

 

Type of ISO Grade

No

ISO Certificate

 

ISO Certificate Available

 

Certified by an Accredited Agent

 

 

 

Workman’s compensation

 

Registered

Yes

Compliance Certified

Yes

 

 

Company Structure

 

Subsidiaries

Subsidiary Company

PHARMACARE (PTY) LTD

Shareholding

100%

Registration Number

1898/000252/06

Import / Export

Yes

 

Number of Employees

3000 in the group

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

None in subject

1.       Cars

 

 

 

 

2.       Light Delivery Vehicles

 

 

 

 

3.       Trailers

 

 

 

 

4.       Busses

 

 

 

 

5.       Trucks

 

 

 

 

6.       Fork Lifts

 

 

 

 

7.       Other

 

 

 

 

 

Offices

 


Head Office Owned/ Rented

Rented

Rental Company

GROWTH POINT PROPERTIES

Owned by

 

Value

 

Bond

 

Bank

 

Lease Agreement

 

Lease Expire Date

 

Type of Premises

 

 

Branches Names

Country

Province

None

 

 

 


Branches Owned/ Rented

None

Rental Company

 

Owned

 

Value

 

Bank

 

Bond

 

Lease Agreement

 

Lease Expire Date

 

Type of Premises

 

 

The subject however has a presence in AUSTRALIA, BRAZIL, MEXICO, VENEZUELA, IRELAND, KENYA, TANZANIA, UGANDA, MAURITIUS, DUBAI, GERMANY and HONG KONG.

The group has 18 manufacturing facilities on six continents, 4 in SA and 4 in Australia, 1 in KENYA,TANZANIA, MEXICO BRAZIL and GERMANY

                       

Management Overview

 

Organisation chart

Level

Position

Name

1

Group Chief Executive

STEPHEN SAAD

2

Deputy Chief Executive

GUS ATTRIDGE

 


Company Structure (Ownership)

 

Note: One level up and all levels down

Holding

Company

Sub

Various investors on the JSE LTD

ASPEN PHARMACARE HOLDINGS LTD

PHARMACARE (PTY) LTD

Plus various other companies

 

 

Trade References

 

Key deals signed within the past 12 months.

 

Company

Value

Contact

NOT Available as the subject is an investment company

 

 

 

Trade Reference nr

Supplier

Contact

Surety Value

Notarial Bonds

1

Subject is not a genera l credit seeker

 

 

 

 

Trade References Detail

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

Not Applicable

 

 

 

 

 

 

 

 

Adverse Information on Subject

 

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 Information

 

Bank

Unavailable

Branch

 

Bank Account Number

 

Type of Account

 

Account Name

 

Overdraft Facilities

Yes/No

Date Opened

 

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

None

 

 

 

 

 

 

 

 

 

Previous Bank Accounts

Banker

Branch Code

Account Holder

Account number

Date opened

Years with bank

 

 

 

 

 

 

 

 

Deeds Information

 

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 Information

 

Financial Estimates

 

PLEASE SEE THE LATEST FINANCIALS FOR THEGROUP ATTACHED.

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

9

Average Age of Active Principals

51

 

Active Principals

Principal 1 of 9:STEPHEN SAAD

Surname

SAAD

First Name

STEPHEN

Other Names

None

Marital Status

Unknown

ID Number

6406235160002

Verified ID Number

Yes

Current Age

47

Designation

Director

Status

Active

Appointment Date

2008-03-01

Physical Address (at time of Appointment)

23 Denne Avenue

Marais Steyn Park

EDENVALE

1609

Postal Address

PO Box 4620

EDENVALE

1610

Current Tel Number

031 4633387

Cell number

083 6468842

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0

 

Adverse Information for STEPHEN SAAD

 

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 


 

Other

Default data

None

 

Business Information for STEPHEN SAAD

 

Current Business Interests

Company Name

Registration No

Status

Judgements

Liquidation

KROK BROTHERS HOLDINGS (PTY) LTD

1967/004975/07

In Business

0

No

ASPEN PORT ELIZABETH (PTY) LTD

1973/002147/07

In Business

0

No

TOULON FARM (PTY) LTD

1973/003753/07

In Business

0

No

ASPEN PHARMACARE HOLDINGS LTD

1985/002935/06

In Business

0

No

QUICK-AID SURGICAL CC

1988/034890/23

Deregistration process

0

No

ASPEN PHARMACARE EAST LONDON (PTY) LTD

1992/004769/07

In Business

0

No

FEDERAL AVIATION CC

1993/026198/23

In Business

0

No

ASPEN INVESTMENTS CC

1994/039218/23

Conversion

0

No

EXETER HOLDINGS (PTY) LTD

1998/025556/07

In Business

0

No

LENNON TRADEMARKS (PTY) LTD

2000/028987/07

In Business

0

No

EXETER PRIVATE GAME RESERVE (PTY) LTD

2000/031187/07

In Business

0

No

EXETER GAME LODGES

6406235160085

In Business

0

No

 

Previous Business Interests

Average Age of Previous Business Interests

17 years

 

Company Name

Registration No

Status

Judgements

Liquidation

ATTWELLS HEALTH FOODS (PTY) LTD

1969/002845/07

Deregistration Final

0

No

QUICK-MED PHARMACEUTICALS CC

1988/035038/23

Voluntary Liquidation

0

Yes

COWIE HEALTH CARE (PTY) LTD

1992/007154/07

Dissolved

0

No

COWIE PHARMACEUTICALS (PTY) LTD

1992/1007155/07

Dissolved

0

No

VANCARD PHARMACEUTICALS CC

1992/027191/23

Deregistration Final

0

No

GOLCRO HOLDINGS LTD

1993/006237/06

Deregistration Final

0

No

ESSENWOOD INVESTMENTS CC

1994/039199/23

Voluntary Liquidation

0

Yes

ASPEN HEALTH CARE (PTY) LTD

1995/008473/07

Deregistration Final

0

No

ASPEN PHARMACEUTICALS (PTY) LTD

1997/006721/07

Deregistration Final

0

No

ASPEN SELF-MED (PTY) LTD

1997/006857/07

Deregistration Final

0

No

LITTLE GOWRIE PROPERTY INVESTMENT (PTY) LTD

1997/011742/07

In Business

0

No

ASPEN HOSPITAL CARE (PTY) LTD

1997/013646/07

Deregistration Final

0

No

ASPEN CHEMICALS (PTY) LTD

2004/017758/07

Deregistration Final

0

No

 

Deeds Information

 

Property Interestsfor STEPHEN SAAD

 

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 9: MICHAEL ATTRIDGE

Surname

ATTRIDGE

First Name

MICHAEL

Other Names

GUS

Marital Status

unknown

ID Number

6105235089001

Verified ID Number

Yes

Current Age

51

Designation

Director

Status

Active

Appointment Date

1999-01-15

Physical Address (at time of Appointment)

31 Carolina Vista

MT EDGECOMBE

4301

Postal Address

PO Box 1668

MT EDGECOMBE

4301

Current Tel Number

031 5394295

Cell number

083 6288813

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0

 

Adverse Information for MICHAEL ATTRIDGE

 

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for MICHAEL ATTRIDGE

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

ASPEN PORT ELIZABETH (PTY) LTD

1973/002147/07

In Business

39 years 2 months

0

No

ICP PARK CC

1994/002252/23

Deregistration Process

18 years 2 months

0

No

ASPEN PHARMACARE HOLDINGS LTD

1985/002935/06

In Business

26 years 10 months

0

No

V-LOGIC SOLUTIONS CC

1998/052730/23

In Business

13 years 7 months

0

No

ASPEN INVESTMENTS CC

1994/039218/23

Conversion

17 years 5 months

0

No

 


Previous Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

ATTWELLS HEALTH FOODS (PTY) LTD

1969/002845/07

Deregistration Final

0

No

 

KROK BROTHERS HOLDINGS (PTY)

LTD

1967/004975/07

In Business

0

No

No

ASPEN HEALTH CARE (PTY) LTD

1995/008473/07

Deregistration Final

0

No

 

ASPEN PHARMACEUTICALS (PTY) LTD

1997/006721/07

Deregistration Final

0

No

 

ASPEN SELF-MED (PTY) LTD

1997/006857/07

Deregistration Final

0

No

 

ASPEN CHEMICALS (PTY) LTD

2004/017758/07

Deregistration Final

0

No

 

 

Deeds Information

Property Interestsfor MICHAEL ATTRIDGE

 

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 9: NOBUHLE DLAMINI

Surname

DLAMINI

First Name

NOBUHLE

Other Names

JUDY

Marital Status

Unknown

ID Number

5907060721082

Verified ID Number

Yes

Current Age

53

Designation

Director

Status

Active

Appointment Date

2005-07-01

Physical Address (at time of Appointment)

13 A 13th Avenue

HOUGHTON

Gauteng

Postal Address

PO Box 1485

HOUGHTON

2041

Current Tel Number

011 4832534

Cell number

082 7844043

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0

 

Adverse Information for NOBUHLE DLAMINI

 

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for NOBUHLE DLAMINI

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

MASIBULELE INVESTMENT (PTY) LTD

1997/011810/07

In Business

14 years 9 months

0

No

MASIBULELE PHARMACEUTICALS (PTY) LTD

2005/003118/07

Deregistration Process

7 years 2 months

0

No

MASIBULELE MINING (PTY) LTD

2008/005503/07

In Business

4 years 2 months

0

No

ASPEN PHARMACARE HOLDINGS LTD

1985/002935/06

In Business

26 years 10 months

0

No

MASIBULELE MINING II (PTY) LTD

2008/005487/07

In Business

4 years 2 months

0

No

 

Previous Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

KWASUKA INVESTMENT (PTY) LTD

1997/020562/07

Deregistration Final

14 years 5 months

0

No

GIJIMA HOLDINGS (PTY) LTD

1998/021835/07

In Business

14 years

0

No

BASFOUR 817 (PTY) LTD

1999/009687/07

Deregistration Final

12 years 11 months

0

No

MASIBULELE WOMEN INVESTMENTS II (PTY) LTD

2003/000621/07

Deregistration Final

9 years 3 months

0

No

RRL HOLDINGS (PTY) LTD

2003/018875/07

In Business

8 years 8 months

0

No

 

Deeds Information

 

Property Interestsfor NOBUHLE DLAMINI

 

Title Deed No.

T15841/2009

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

45 OXFORD SANDHURST SANDTON

Property Type

Freehold/ Ervin

Extent / Size

5113.0SQM

Purchase Date

2009-01-16

Purchase price

R16 500 000

% Ownership

0.0000

Bond Holder

FIRSTRAND BANK LTD

Bond Number

B127432009

Bond Amount

R17 000 000

 

Title Deed No.

T43623/2003

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

18 EASTMOOR UMHLANGA ROCKS

Property Type

Freehold/ Ervin

Extent / Size

1144.0SQM

Purchase Date

2003-05-23

Purchase price

R410 000.00

% Ownership

0.0000

Bond Holder

STANDARD BANK LTD

Bond Number

B250212003

Bond Amount

R900 000.00

 

Title Deed No.

ST160231/2004

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

38 KERNICK BIRNAM JOHANNESBURG

Property Type

Sectional Title/ Unit

Extent / Size

84.0SQM

Purchase Date

2004-07-26

Purchase price

R770 000

% Ownership

0.0000

Bond Holder

 

Bond Number

 

Bond Amount

R0.0000

 

Title Deed No.

TG39328/2009

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

25 ZIGQAJE UMLAZI

Property Type

Freehold/ Ervin

Extent / Size

347.0SQM

Purchase Date

2005-03-17

Purchase price

R50 000

% Ownership

0.0000

Bond Holder

 

Bond Number

 

Bond Amount

R0.0000

 

Principal 4 of 9: SHAH ABBAS HUSSAIN

Surname

HUSSAIN

First Name

SHAH

Other Names

ABBAS

Marital Status

Unknown

ID Number

801123447

Verified ID Number

Yes

Current Age

47

Designation

Director

Status

Active

Appointment Date

2009-12-07

Physical Address (at time of Appointment)

Watersteps 9 Oakwood Road

VIRGINIA WATER

Surrey

GU25 4RZ

UK

Postal Address

GSK House

980 Great West Road

BRENTFORD

MIDDLESEX

TW8 9GS

Current Tel Number

Unavailable

Cell number

Unavailable

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0

 

Adverse Information for SHAH ABBAS HUSSAIN

 

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for SHAH ABBAS HUSSAIN

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

None

 

 

 

 

 

 


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 SHAH ABBAS HUSSAIN

 

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 5 of 9: ROY ANDERSON

Surname

ANDERSON

First Name

ROY

Other Names

None

Marital Status

Unknwon

ID Number

4805125101087

Verified ID Number

Yes

Current Age

64

Designation

Director

Status

Active

Appointment Date

2008-08-22

Physical Address (at time of Appointment)

2 BAGATELLE 14 COLERANE AVENUE

RIVERCLUB

SANDTON

2196

Postal Address

PO Box 246

RIVERCLUB

2149

Current Tel Number

011 7720049

Cell number

0791410546

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0

 


Adverse Information for ROY ANDERSON

 

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for ROY ANDERSON

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

SASFIN FINANCIAL ADVISORY SERVICES (PTY) LTD

1997/010819/07

In Business

14 years 9 months

0

No

SASFIN BANK LTD

M1951/002280/06

In Business

60 years 10 months

0

No

NAMPAK LTD

M1968/008070/06

In Business

43 years 9 months

0

No

JOBCO

M1999/013443/08

In Business

12 years 10 months

0

No

SASFIN HOLDINGS LTD

M1987/002097/06

In Business

24 years 11 months

0

No

 

Previous Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

SANLAM LTD

M1959/001562/06

In Business

52 years 11 months

0

No

STANLIB LTD

M1997/014748/06

In Business

14 years 7 months

0

No

LIBERTY GROUP PROPERTIES (PTY) LTD

M1967/013612/07

In Business

44 years 9 months

0

No

LIBERTY ACTIVE LTD

M1984/011344/06

In Business

27 years 4 months

0

No

LIBSIL HOLDINGS (PTY) LTD

1989/005280/07

Deregistration Final

22 years 7 months

0

No

 

 

 

 

 

 

Deeds Information

 

Property Interestsfor ROY ANDERSON

 

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 9: SINDISWA ZILWA

Surname

ZILWA

First Name

SINDISWA

Other Names

None

Marital Status

Unknown

ID Number

6705200936084

Verified ID Number

Yes

Current Age

45

Designation

Director

Status

Active

Appointment Date

2006-09-01

Physical Address (at time of Appointment)

11 Newmarket Street

Kyalami Estate

MIDRAND

1685

Postal Address

PO Box 150

SAXONWOLD

2157

Current Tel Number

011 7021713

Cell number

0843000126

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0

 

Adverse Information for SINDISWA ZILWA

 

Judgement

Number of Judgements

1

 

Debt Review

Debt review

None

 

Other

Default data

None

 


 

Business Information for SINDISWA ZILWA

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

DISCOVERY HEALTH (PTY) LTD

1997/013480/07

In Business

14 years 9 months

1

No

NKONKI CONSULTING (PTY) LTD

2002/012929/07

In Business

60 years 10 months

0

No

STRATE CHARITY SHARES

2002/015734/08

In Business

43 years 9 months

0

No

NKONKI (PTY) LTD

2002/017422/07

In Business

12 years 10 months

0

No

MAWAVUNE WOMENS INVESTMENTS (PTY) LTD

2002/017422/21

In Business

24 years 11 months

0

No

 

Previous Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

SOUTH AFRICAN MINT COMPANY (PTY) LTD

1988/004898/07

In Business

23 years 8 months

0

No

TRIPLE TRUST ORGANISATION

1988/005077/08

In Business

23 years 7 months

0

No

LINAIR PROPERTIES CC

1990/029620/23

Deregistration Final

21 years 7 months

0

No

STAND 118 KYALAMI ESTSTES CC

1991/010428/23

Deregistration Final

21 years

0

No

APF CHARTERED ACCOUNTANTS INC

1996/003390/21

Deregistration Final

16 years 1 months

0

No

 

Deeds Information

 

Property Interestsfor SINDISWA ZILWA

 

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 7 of 9: MOGAMMED RAFIQUE BAGUS

Surname

BAGUS

First Name

MOGAMMED

Other Names

RAFIQUE

Marital Status

Unknwon

ID Number

6310265029089

Verified ID Number

Yes

Current Age

49

Designation

Director

Status

Active

Appointment Date

2003-03-11

Physical Address (at time of Appointment)

59 Boshoff Road

NEWLANDS

Western Cape

Postal Address

PO Box 23502

CLAREMONT

7735

Current Tel Number

Unavailable

Cell number

Unavailable

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0

 

Adverse Information for MOGAMMED RAFIQUE BAGUS

 

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for MOGAMMED RAFIQUE BAGUS

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

SAMANCOR CHROME LTD

1926/008883/06

In Business

85 years 4 months

0

No

KATAI INVETSMENTS CC

1997/049493/23

In Business

14 years 7 months

0

No

TAYBLAAU PROPERTIES CC

1997/049494/23

In Business

14 years 7 months

0

No

SUJ INVESTMENTS CC

1997/049983/23

In Business

14 years 7 months

0

No

MILLS AND BAGUS INVETMENTS CC

1997/049984/23

In Business

14 years 7 months

0

No

Previous Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

MAGUMO INVETSMENTS (PTY) LTD

2000/028737/07

Deregistration Final

11 years 5 months

0

No

ENABLE MINING (PTY) LTD

2001/009397/07

In Business

11 years

0

No

SOUTH TO SOUTH CONSULTANTS (PTY) LTD

2002/003851/07

Deregistration Final

10 years 2 months

0

No

BOWMAN TRADING (PTY) LTD

2002/006483/07

Deregistration Final

10 years 1 month

0

No

INNOVISION INTERNATIONAL (PTY) LTD

2002/006891/07

Deregistration Final

10 years 1 month

0

No

 

Deeds Information

 

Property Interestsfor MOGAMMED RAFIQUE BAGUS

 

Title Deed No.

T15628/2010

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

59 BOSHOFF NEWLANDS SOUTHERN SUBURBS

Property Type

Freehold/ Ervin

Extent / Size

651.0SQM

Purchase Date

2010/02/11

Purchase price

R7 900 000

% Ownership

0.0000

Bond Holder

 

Bond Number

 

Bond Amount

R0.00

 

Title Deed No.

ST10645/2010

Erf/Site No.

2352.0

Deeds Office

CAPE TOWN

Physical Address

CAMPS BAY CAPE TOWN

Property Type

Sectional Title/ Unit

Extent / Size

127.0SQM

Purchase Date

2008/05/21

Purchase price

R5 945 000

% Ownership

0.0000

Bond Holder

ABSA BANK LTD

Bond Number

SB45082010

Bond Amount

R5 000 000

 

 

 

 

 

 

Principal 8 of 9: JOHN BUCHANAN

Surname

BUCHANAN

First Name

JOHN

Other Names

None

Marital Status

 

ID Number

4401045101082

Verified ID Number

Yes

Current Age

68

Designation

Director

Status

Active

Appointment Date

2002-05-15

Physical Address (at time of Appointment)

157 Teak Avenue

NORTHCLIFFE EXT 2

2001

Postal Address

PO Box 75199

GARDENVIEW

2047

Current Tel Number

011 4763903

Cell number

082 7857610

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0

 

Adverse Information for JOHN BUCHANAN

 

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

 

Business Information for JOHN BUCHANAN

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

BUSINESS CONNEXION GROUP LTD

1988/005282/06

In Business

23 years 7 months

0

No

BUSINESS CONNEXION (PTY) LTD

1993/003683/07

In Business

18 years 9 months

0

No

 

Previous Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

CADBURY SCHWEPPES (SOUTH AFRICA) LTD

1902/000415/06

Dissolved

109 years 10 months

0

No

BROOKES LEMOS (PTY) LTD

1905/001719/07

Deregistration Final

82 years 9 months

0

No

JOHN MOIR (PTY) LTD

1905/030290/070

Deregistration Final

63 years 10 months

0

No

CADBURY SCHWEPPES HOLDINGS (PTY) LTD

1926/002976/07

Dissolved

85 years 4 months

0

No

SCHWEPPES (SOUTH AFRICA) (PTY) LTD

1928/000778/07

Deregistration Final

83 years 11 months

0

No

 

Deeds Information

 

Property Interestsfor JOHN BUCHANAN

 

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 9 of 9: CHRISTOPHER MORTIMER

Surname

MORTIMER

First Name

CHRISTOPHER

Other Names

None

Marital Status

Unknown

ID Number

6011175072082

Verified ID Number

Yes

Current Age

52

Designation

Director

Status

Active

Appointment Date

1999-01-15

Physical Address (at time of Appointment)

3 Highbury Gardens

27 Hospital Road

HILLCREST

Durban

Postal Address

Duite Bishops Court, cnrDelamoure and Warrior Roads

HILLCREST

4220

Current Tel Number

039 6992495

Cell number

082 3318343

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0

 

Adverse Information for CHRISTOPHER MORTIMER

 

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for CHRISTOPHER MORTIMER

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

MEDICAL EDI SERVICES (PTY) LTD

1991/005278/07

In Business

20 years 7 months

0

No

CHRIS MORTIMER ASSOCIATES

6011175072082

In Business

Unknown

0

No

 

Previous Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

None

 

 

 

 

 

 

Deeds Information

 

Property Interestsfor CHRISTOPHER MORTIMER

 

Title Deed No.

ST36576/2010

Erf/Site No.

1293,0

Deeds Office

PIETERMARITZBURG

Physical Address

33 SURPRISE RIDGE PINETOWN HILLCREST

Property Type

Sectional Title/ Unit

Extent / Size

573.0SQM

Purchase Date

2012-07-26

Purchase price

R5 350 000

% Ownership

0.0000

Bond Holder

STANDARD BANK

Bond Number

SB233822010

Bond Amount

R4 000 000

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.51.99

UK Pound

1

Rs.83.54

Euro

1

Rs.63.40

 

 

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.