MIRA INFORM REPORT

 

 

Report Date :

06.08.2012

 

IDENTIFICATION DETAILS

 

Name :

SUPRA LATEX (PTY) LTD

 

 

Registered Office :

Block B, MSI Business Park 68 Rigger RoadSpartanKempton Park

 

 

Country :

South Africa

 

 

Date of Incorporation :

28.09.2007

 

 

Com. Reg. No.:

2007/027848/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Wholesaler of medical Goods

 

 

No. of Employees :

Not Available 

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 


 

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

 

 


Subject Name

SUPRA LATEX (PTY) LTD

Country

South Africa

Subject Contact Person

KUMARI - ACCOUNTANT

Assessment

This is an established business. On investigation we made contact with the subject and we were referred to the accountant Mrs KUMARI who has requested that we send her the questionnaire. When we followed up on the questionnaire MRS KUMARI has stated that she requires more time to complete the questionnaire. We await further information for the subject. Please see the available information for the subject below.

 

 

Company information

 

Registered Name

SUPRA LATEX (PTY)LTD

Trading as/ Division Name

SUPRA LATEX

Registration Number

2007/027848/07

Registration Date

2007/09/28

Date Commenced Trading

2007-09-28

Age of Business

4 Years 11 Months

History of Business

The company was conceived and established to enable modern healthcare to be available to healthcare sector at affordable price. This unique philosophy has been the driving force behind the company since its inception in 1985. Today it has grown into one of the most dynamically versatile manufacturer and distributor of disposable healthcare products in the region with a wide array of products.

History of Principals

There are currently 6 Active Directors Within the subject.

Authorised Share Capital

R 0.00

Issued Share Capital/Members Contribution

R 0.00

Status

In Business

Operations Assessment

Wholesale of medical Goods

Industry/ Customers

The Government

Export

Export

Major Industry Code / SICC

61394

Head Office Physical Address

Block B, MSI Business Park68 Rigger RoadSpartanKempton Park

Head Office Postal Address

P.O. Box 178ISANDO1600

Current Tel Number

0119753697

Cell Number

0119755609

Current Email Address

info@supralatex.co.za


Auditor information

 

Company Registered Name

KPA AUDIT GROUP

Trading Name

 

Registration Number

 

Physical Address

North RdDunkeld West ExtsSandton

Postal Address

 

Contact Person

 

Contact Number

0114470415

Email

 

Principals

 

Judgements Against Subject

 

Judgements Against Principals

 

Subject Verified as Client

Yes

Practice Number

9900399

VAT Number

 

Tax Number

 

BEE Status

 

Financial Year End

 

No of years in Business

 

Website

 

Comment

 

 

Previous Auditors

Company Name

Phone Number

Time with previous auditors

Comment

JACK LEON LURIE

 

 

 

JACK LEON LURIE

 

22

 

ALAN MENACHEMSON CHARTERED ACCOUNTANTS

 

Unknown

 

KPA LATUUCA

 

2

 

 

 

Tax information

Vat Number

4220116349

Status

ACTIVE

Vat Liable Date

1991/09/30

Tax Number

9589256842

Tax Clearance Expire Date

 

Financial Year End

February

Comment

 

 


Black Economic Empowerment Information - No Information on Record

ISO Information - No Information on Record

Work Mans Information - No Information on Record

 

 

Company Structure

 

Subsidiaries Information - No Information on Record

Employees Information - No Information on Record

Company Fleet Information - No Information on Record

Offices Information - No Information on Record

Branch Information - No Information on Record

 

 

Management Overview

 

Organisational Chart - No Information on Record

Company Structure Information - No Information on Record

Note: One level up and all levels down

Key Deals - No Information on Record

Trade References Information - No Information on Record

 

 

Adverse Information on Subject

 

Judgements - No information on record

Business Rescue - No Information on Record

Default Listing - No information on record

Notarials Bonds - No information on record

Bank Information - No Information on Record

Bank Code History - No Information on Record

Previous Bank Account Information - No Information on Record

Deeds Information - No information on record

 

 

Principals

 

Number of Principals

6

Average Age of Active Principals

45

Active Principals Principal - 1 of 6 VIBHA DESAI

Surname

DESAI

First Name

VIBHA

Other Names

 

Marital Status

 

ID Number

7202020202082

Verified ID Number

 

Current Age

40

Designation

DIRECTOR

Status

Active

Appointment Date

2010/09/15

Physical Address (at time of Appointment)

16 KOORSBOOM STREET, WINCHESTER HILLS, JOHANNESBURG, 2091

Postal Address

P O BOX 42184, FORDSBURG, 2033

Current Tel Number

0119753697

Cell number

 

Shareholding/Membership

0.0000

 

Principal’s adverse - No information on record

Business Information for VIBHA DESAI

Principal's Current Business Interests - No information on record

Principal's Previous Business Interests - No information on record

Principal's Deeds Information - No information on record

 

Principal - 2 of 6 MICHELLE SHERE

MICHELLE SHEREEN KENNETH

Surname

MICHELLE SHEREEN KENNETH

First Name

MICHELLE SHERE

Other Names

 

Marital Status

Married

ID Number

7106101515086

Verified ID Number

Yes

Current Age

41

Designation

DIRECTOR

Status

Active

Appointment Date

2008/05/14

Physical Address (at time of Appointment)

41 15TH STREET, RIVER CLUB, SANDTON, 2199

Postal Address

P O BOX 777, KELVIN, Gauteng, 2054

Current Tel Number

0119753694

Cell number

0791409275

Shareholding/Membership

0.0000

 

Principal’s adverse - No information on record

Business Information for VIBHA DESAI

Principal's Current Business Interests - No information on record

Principal's Previous Business Interests - No information on record

Principal's Deeds Information - No information on record

 

Principal - 3 of 6 SUKETU NAIK

Surname

NAIK

First Name

SUKETU

Other Names

 

Marital Status

 

ID Number

AN213598

Verified ID Number

No

Current Age

Unknown

Designation

VETERINARIAN

Status

Active

Appointment Date

2007/09/29

Physical Address (at time of Appointment)

3 OAKHURST, 2 WESTBROOKE PLACE, STRATHAVON, Gauteng, 2196

Postal Address

P O BOX 777, KELVIN, Gauteng, 2054

Current Tel Number

 

Cell number

 

Shareholding/Membership

0.0000

 

Principal’s adverse - No information on record

Business Information for VIBHA DESAI

Principal's Current Business Interests - No information on record

Principal's Previous Business Interests - No information on record

Principal's Deeds Information - No information on record

 

Principal - 4 of 6 SUKETHU NAIK

Surname

NAIK

First Name

SUKETHU

Other Names

 

Marital Status

 

ID Number

6702170000000

Verified ID Number

No

Current Age

45

Designation

VETERINARIAN

Status

Active

Appointment Date

2007/09/29

Physical Address (at time of Appointment)

3 OAKHURST 2 WESTBROOKE PLACE, STRATHAVON, 2196

Postal Address

P O BOX 22, MUTARE, ZIMBABWE, 0000

Current Tel Number

0119753697

Cell number

 

Shareholding/Membership

0.0000

 

Principal’s adverse - No information on record

Business Information for VIBHA DESAI

Principal's Current Business Interests - No information on record

Principal's Previous Business Interests - No information on record

 

Principal's Deeds Information - No information on record

Principal - 5 of 6 VIRKRAMKUR NAIK

Surname

NAIK

First Name

VIRKRAMKUR

Other Names

 

Marital Status

 

ID Number

6208230000000

Verified ID Number

No

Current Age

50

Designation

ANESTHETIST

Status

Active

Appointment Date

2007/09/28

Physical Address (at time of Appointment)

NO 3 OAKHURST, 2 WESTBROOK PLACE, SANDOWN, JOHANNESBURG, 2148

Postal Address

P O BOX 777, KELVIN, Gauteng, 2054

Current Tel Number

0119753697

Cell number

 

Shareholding/Membership

0.0000

 

Principal’s adverse - No information on record

Business Information for VIBHA DESAI

Principal's Current Business Interests - No information on record

Principal's Previous Business Interests - No information on record

Principal's Deeds Information - No information on record

Principal - 6 of 6 VIKRAMKUMAR NAIK

 

Surname

NAIK

First Name

VIKRAMKUMAR

Other Names

 

Marital Status

 

ID Number

AN553552

Verified ID Number

No

Current Age

50

Designation

 

Status

Active

Appointment Date

2006/11/28

Physical Address (at time of Appointment)

3 OAKHURST, 2 WESTBROOKE PLACE, STRATHAVON, 2146

Postal Address

P O BOX 777, KELVIN, 2054

Current Tel Number

0119753697

Cell number

 

Shareholding/Membership

1.0000

 

Principal’s adverse - No information on record

Business Information for VIBHA DESAI

Principal's Current Business Interests - No information on record

Principal's Previous Business Interests - No information on record

Principal's Deeds Information - No information on record

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.56.08

UK Pound

1

Rs.87.03

Euro

1

Rs.68.36

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.