|
Report Date : |
08.08.2012 |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
Closed Down |
|
|
|
|
Payment Behaviour : |
--- |
|
|
|
|
Litigation : |
--- |
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 |
CHELSEA
HARBOUR FABRICS (PTY) LTD |
|
Country |
South
Africa |
|
Subject Contact
Person |
Fiona |
|
Assessment |
On
investigation it was established that this company was liquidated in November
2011. Contact was made with a former manager, Fiona on 0761689982 and she
confirmed that CHELSEA HARBOUR FABRICS (PTY) LTD was liquidated and closed
down in 2011. Contact was also made with one of their agents on the number
0415813710 and they also confirmed the company was liquidated. In view of the
latter fact we cannot suggest any credit dealings. The former CIPC
information is below. |
|
Company
Registered Name |
K
P M G |
|
Postal
Address |
PRIVATE
BAG X9, PARKVIEW, 2122 |
|
No
of years in Business |
14 |
|
Company
Registered Name |
JOHAN
SWARTZ & ASSOCIATES |
|
Postal
Address |
P
O BOX 3158, EDENVALE, 1610 |
|
Practice
Number |
938696 |
|
No
of years in Business |
4 |
|
Previous Auditors |
|||
|
Company Name |
Phone Number |
Time with previous auditors |
Comment |
|
KPMG INCORPORATED |
|
14 |
|
Tax information
|
Vat
Number |
4410160537 |
|
Status |
ACTIVE |
|
Vat
Liable Date |
1996/09/02 |
|
Tax
Number |
9201076206 |
|
Financial
Year End |
December |
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 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
Judgements
- No information on record
Business
Rescue - 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 |
51 |
Active
Principals Principal - 1 of 2
TIMOTHY PAUL WILLIAMS-WYNN
|
Surname |
WILLIAMS-WYNN |
|
First
Name |
TIMOTHY
PAUL |
|
ID
Number |
610827 |
|
Verified
ID Number |
No |
|
Current
Age |
Unknown |
|
Designation |
Director |
|
Status |
Active |
|
Postal
Address |
P
O BOX 2492, SAXONWOLD, 2132 |
|
Shareholding/Membership |
0.0000 |
Principal’s adverse – no information on record
Business Information for TIMOTHY PAUL WILLIAMS-WYNN
Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
|
|
|
|
|
|
|
Principal Previous Business Interests
Average Age of Previous Business 15
Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CHELSEA HARBOUR
FABRICS (PTY)LTD |
M1996/011741/07 |
Voluntary
Liquidation |
15
Years 10 Months |
0 |
Yes |
|
Principal's
Deeds Information - No information on record
Principal
- 2 of 2
JAMES HOEY
|
Surname |
HOEY |
|
First
Name |
JAMES |
|
ID
Number |
6108045125080 |
|
Verified
ID Number |
Yes |
|
Current
Age |
51 |
|
Designation |
Director |
|
Status |
Active |
|
Physical
Address (at time of Appointment) |
59
KINGS ROAD, BEDFORDVIEW, 2008 |
|
Postal
Address |
P
O BOX 912, HALFWAY HOUSE, 6685 |
|
Current
Tel Number |
0114501503 |
|
Cell
number |
0741010857 |
|
Shareholding/Membership |
0.0000 |
Principal’s adverse – no information on record
Business
Information for JAMES HOEY
Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
GOLDEN POWER
TRADING AND INVESTMENTS CC |
2005/074398/23 |
Deregistration
Process |
7
Years 1 Months |
0 |
No |
|
|
CLOSETRADE 284 CC |
B1999/052024/23 |
In
Business |
12
Years 10 Months |
0 |
No |
|
|
GURU GUYS
(PTY)LTD |
K2012/069596/07 |
In
Business |
3
Months |
0 |
No |
|
Principal
Previous Business Interests
Average
Age of Previous Business 15
Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
T
AND H FINANCIAL CONSULTANTS CC |
1989/008446/23 |
Deregistration
Final |
23
Years 4 Months |
0 |
No |
|
|
INTROPROPS
1000 CC |
1996/006690/23 |
In
Business |
16
Years 5 Months |
0 |
No |
|
|
TO
SECTION 29 THE VINEYARDS CC |
1996/017466/23 |
Deregistration
Final |
16
Years 3 Months |
0 |
No |
|
|
CHELSEA HARBOUR
PROPERTIES CC |
2005/026139/23 |
Deregistration
Final |
7
Years 5 Months |
0 |
No |
|
|
CHEVERNY
INVESTMENTS CC |
B1999/051308/23 |
In
Business |
13
Years 6 Months |
0 |
No |
|
|
EASTFORD DOWNS HOMEOWNERS ASSOCIATION |
M1995/001501/08 |
In
Business |
17
Years 5 Months |
0 |
No |
|
|
CHELSEA HARBOUR
FABRICS (PTY)LTD |
M1996/011741/07 |
Voluntary
Liquidation |
15
Years 10 Months |
0 |
Yes |
|
Principal’s
Deeds Information - No information on record
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.50 |
|
UK Pound |
1 |
Rs.86.40 |
|
Euro |
1 |
Rs.68.69 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.