MIRA INFORM REPORT
|
Report Date : |
07.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
GOLD
REEF TOOLS (PTY) LTD |
|
|
|
|
Registered Office : |
Lasher
Building, 3 SIGMA ROAD, INDUSTRIES WEST, Gauteng, 1401 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
07.02.1975 |
|
|
|
|
Com. Reg. No.: |
M1975/000392/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Wholesale trade in construction
materials, hardware, plumbing, heating |
|
|
|
|
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 – September 30th, 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 |
GOLD REEF TOOLS
(PTY) LTD |
|
Country |
South Africa |
|
Subject Contact
Person |
PIREEN VAN
GOLDBURG |
|
Assessment |
This is
an established business. On investiagtion we made contact with the subject
and we were referred to the Bookkeeper Mrs PIREEN VAN GOLDBERG who declined
to assist with all information regarding the subject.The information was
declined due to the subject not having any credit dealings with there
suppliers. All the purchasing is done by the holding company LASHER TOOLS
LTD. Please see the available information for the subject below. |
|
Registered Name |
GOLD REEF TOOLS
(PTY)LTD |
|
Trading as/
Division Name |
GOLD REEF TOOLS |
|
Registration
Number |
M1975/000392/07 |
|
Registration
Date |
1975/02/07 |
|
Date Commenced
Trading |
1975-02-07 |
|
Age of Business |
37 Years 6
Months |
|
History of
Business |
The subject
started out as a new business in 1975 |
|
History of
Principals |
There
are currently 2 Active Directors Within the subject. |
|
Shareholders/Members/Partners
of subject and % holding |
100 % - LASHER
TOOLS (PTY) LTD |
|
Authorised
Share Capital |
R 0.00 |
|
Issued Share
Capital/Members Contribution |
R 0.00 |
|
Status |
In Business |
|
Operations
Assessment |
whole sale of
hardware |
|
Industry/
Customers |
Public |
|
Major Industry
Code / SICC |
61430 |
|
Definition of
Code |
Wholesale
trade in construction materials, hardware, plumbing, heating |
|
Head Office
Physical Address |
LASHER BUILDING, 3 SIGMA ROAD, INDUSTRIES WEST, Gauteng,
1401 |
|
Head Office
Postal Address |
P.O. BOX 1275, GERMISTON, JOHANNESBURG, Gauteng, 1400 |
|
Current Tel
Number |
0118732915 |
|
Web Site
Address |
|
Company
Registered Name |
PRICE
WATERHOUSE COOPERS INCORPORATED |
|
Trading
Name |
PWC |
|
Registration
Number |
1998/012055/21 |
|
Physical
Address |
2 EGLIN
ROAD, SUNNINGHILL, 2157 |
|
Postal
Address |
Private
Bag X36, SUNNINGHILL, 2157 |
|
Contact
Person |
VERA
BOETES |
|
Contact
Number |
011
7974000 |
|
Email |
|
|
Principals |
248 |
|
Judgements
Against Subject |
None On
Record |
|
Judgements
Against Principals |
None On
Record |
|
Subject
Verified as Client |
Yes |
|
Practice
Number |
928526E |
|
VAT
Number |
4950174682 |
|
Tax
Number |
9343032844 |
|
Financial
Year End |
June |
|
No of
years in Business |
7 |
|
Website |
Previous
Auditors
|
Company
Name |
Phone
Number |
Time
with previous auditors |
Comment |
|
VAN
SCHALKWYK EN DE WET |
|
29 |
|
|
Vat
Number |
4660201346 |
|
Status |
ACTIVE |
|
Vat
Liable Date |
2002/09/01 |
|
Financial
Year End |
June |
Black
Economic Empowerment Information - No Information on Record
ISO
Information - No Information on Record Work Mans Information - No Information
on Record
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
Organisational
Chart - No Information on Record Company Structure (Ownership)
Key Deals
- No Information on Record Trade References Information - No Information on
Record
Note: One
level up and all levels down
|
Holding |
Company |
Sub |
Comment |
|
100% |
LASHER
TOOLS LTD |
|
|
Judgements
- No information on record BusinessRescue - No Information on Record
Default
Listing - No information on record Notarial 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
|
Number
of Principals |
2 |
|
Average
Age of Active Principals |
65 |
|
Active
Principals Principal - 1 of 2 ALAN KENDAL |
|
|
Surname |
KENDAL |
|
First
Name |
ALAN |
|
Other
Names |
|
|
Marital
Status |
Married |
|
ID
Number |
4405055602186 |
|
Verified
ID Number |
Yes |
|
Current
Age |
68 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2003/03/07 |
|
Physical
Address (at time of Appointment) |
1 TOPAAS
AVENUE, JUKSKEI PARK, RANDBURG, Gauteng, 2153 |
|
Postal
Address |
P O BOX
254, GERMISTON, JOHANNESBURG, Gauteng, 1400 |
|
Current
Tel Number |
0118251100 |
|
Cell
number |
0832280735 |
|
Shareholding/Membership |
0.0000 |
Business
Information for ALAN KENDAL Principal's Current Business Interests - No
information on record
Principal's
Adverse – No Information on record
Principal's
Previous Business Interests - No information on record
Principal's
Deeds Information - No information on record
Principal
- 2 of 2
|
Surname |
ALHO |
|
First
Name |
ANTONIO |
|
Other
Names |
|
|
Marital
Status |
Married |
|
ID
Number |
5011065029086 |
|
Verified
ID Number |
Yes |
|
Current
Age |
62 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2003/03/07 |
|
Physical
Address (at time of Appointment) |
4
GREYTEN CRESCENT, SUNWARD PARK, BOKSBURG, 1459 |
|
Postal
Address |
P O BOX
254, GERMISTON, JOHANNESBURG, Gauteng, 1400 |
|
Current
Tel Number |
0118732915 |
|
Cell
number |
|
|
Shareholding/Membership |
0.0000 |
Principal's
Adverse – No Information on record
Business
Information for ALAN KENDAL 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.55.47 |
|
|
1 |
Rs.86.60 |
|
Euro |
1 |
Rs.68.66 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.