MIRA INFORM REPORT

 

 

Report Date :           

08.08.2012

 

IDENTIFICATION DETAILS

 

Name :

SHELL AND BP SOUTH AFRICAN PETROLEUM REFINERIES (PTY)LTD

 

 

Registered Office :

Sapref, Refinery Road, Prospecton, 4110

 

 

Country :

South Africa

 

 

Date of Incorporation :

04.01.1960

 

 

Com. Reg. No.:

M1960/000007/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Manufacture of petrol, fuel & lubricating oils greases from crude oil.

 

 

No. of Employees :

Not Available

 

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

 

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 – 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

 

Summary

 

Subject Name

SHELL AND BP SOUTH AFRICAN PETROLEUM REFINERIES (PTY) LTD

Country

South Africa

Assessment

On investigation we made contact with the subject who requested a questionnaire for completion. This is a well-established business dating back to 1960. We await further information from the subject. Please see the available information for the subject below.

 

 

Company Information

 

Registered Name

SHELL AND BP SOUTH AFRICAN PETROLEUM REFINERIES (PTY)LTD

Trading as/ Division Name

SAPREF

Registration Number

M1960/000007/07

Registration Date

1960/01/04

Date Commenced Trading

1960-01-04

Age of Business

52 Years 7 Months

History of Business

SAPREF is Southern Africa's largest crude oil refinery, with a refining capacity of 8.5 million tons a year. The building of SAPREF started in 1960 and the first staff members were employed in 1963.

Authorised Share Capital

R 0.00

Issued Share Capital/Members Contribution

R 0.00

Status

In Business

Operations Assessment

Crude Oil Refinery

Industry/ Customers

Various Petroleum Companies

Major Industry Code / SICC

33210

Definition of Code

Manufacture of petrol, fuel & lubricating oils greases from crude oil.

Head Office Physical Address

SAPREF, Refinery Road, PROSPECTON, 4110

Head Office Postal Address

SAPREF, PO BOX 3179, DURBAN, 4000

Current Tel Number

0314801911

Current Fax Number

0314681913

Current Email Address

public@sapref.com

Web Site Address

www.sapref.com

 

 

Auditors Information

 

Company Registered Name

ERNST AND YOUNG INC.

Postal Address

P.O.BOX 2322, JOHANNESBURG, 2000

Practice Number

908215E

No of years in Business

6

 

 

Previous Auditors

 

Company Name

Phone Number

Time with previous auditors

Comment

PRICE WATERHOUSE COOPERS INCORPORATED

 

13

 

PRICE WATER HOUSE

 

Unknown

 

 

 

Tax Information

 

Vat Number

4580102442

Status

ACTIVE

Vat Liable Date

1991/09/30

Tax Number

9272018202

Financial Year End

December

Black Economic Empowerment

Status

Yes

Score

3.00

BEE Certificate Available

No

ISO Status

Type of ISO Grade

9001

ISO Certificate

Yes

ISO Certificate Available

No

Certified by an Accredited Agent

Yes

 

Type of ISO Grade

14001

ISO Certificate

Yes

ISO Certificate Available

No

Certified by an Accredited Agent

Yes

 

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

 

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

 

 

Principals

 

Number of Principals

12

Average Age of Active Principals

51

Active Principals Principal - 1 of 12 LORI RYERKERK

Surname

RYERKERK

First Name

LORI

ID Number

1962122100000

Verified ID Number

No

Current Age

50

Designation

EXECUTIIVE

Status

Active

Appointment Date

2010/08/30

Physical Address (at time of Appointment)

40 LANGE, KLEIWEG, NETHERLANDS, 0000

Postal Address

2288 GK RIJSWIJK, NETHERLANDS, 0000

Shareholding/Membership

0.0000

 

Business Information for LORI RYERKERK

 

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 12

 

NCAZANE MABENA

 

Surname

MABENA

First Name

NCAZANE

ID Number

6010235808089

Verified ID Number

Yes

Current Age

52

Designation

REFINING SUPPLY MANAGER

Status

Active

Appointment Date

2010/07/01

Physical Address (at time of Appointment)

1 SCHOEMAN STREET, HEIDERAND, MOSSELBAY, 6506

Postal Address

P O BOX 1554, JOHANNESBURG, 2000

Current Tel Number

0446012995

Cell number

0824184727

Shareholding/Membership

0.0000

 

 

Business Information for LORI RYERKERK

 

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 12 PAUL O"DWYER

 

Surname

O"DWYER

First Name

PAUL

ID Number

2042926800000

Verified ID Number

No

Current Age

45

Designation

GENERAL MANAGER

Status

Active

Appointment Date

2010/05/17

Physical Address (at time of Appointment)

132A ICKLEY ROAD, ATHOLL, JOHANNESBURG, 2196

Postal Address

PRIVATE BAG X19, BRYANSTON, 2010

Shareholding/Membership

0.0000

 

Business Information for LORI RYERKERK

 

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 12 DONNA ALLEN TARKA

 

Surname

TARKA

First Name

DONNA ALLEN

ID Number

BA532459

Verified ID Number

No

Current Age

50

Designation

FINANCE MANAGER

Status

Active

Appointment Date

2009/06/18

Physical Address (at time of Appointment)

PAPEWEGSE, HOF 4, WASSENAAR, NETHERLANDS, 0000

Postal Address

P O BOX 366, 2501 CH, NETHERLANDS, 0000

Shareholding/Membership

0.0000

 

Business Information for LORI RYERKERK

 

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 12 BONANG MOHALE

 

Surname

MOHALE

First Name

BONANG

ID Number

6111225650083

Verified ID Number

Yes

Current Age

51

Designation

COUNTRY CHAIRMAN

Status

Active

Appointment Date

2009/03/11

Physical Address (at time of Appointment)

35 TOENSEND ROAD, BEDFORDVIEW, 2007

Postal Address

PRIVATE BAG X 19, BRYANSTON, 2021

Current Tel Number

0114504353

Cell number

0833379037

Shareholding/Membership

0.0000

 

Business Information for LORI RYERKERK

 

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 12 BERNHARD HAUTKAPPE

 

Surname

HAUTKAPPE

First Name

BERNHARD

ID Number

580703

Verified ID Number

No

Current Age

56

Designation

BUSINESS UNIT LEADER

Status

Active

Appointment Date

2008/08/29

Physical Address (at time of Appointment)

28 OPHOSTRASSE, 45894 GELSENKIRCHEN, GERMANY, 0000

Postal Address

45 WITTENER STRASSE, 44789 BOCHUM, GERMANY, 0000

Shareholding/Membership

0.0000

 

Business Information for LORI RYERKERK

 

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 - 7 of 12 ERIC WILDSCHUT

 

Surname

WILDSCHUT

First Name

ERIC

ID Number

NN5516FF9

Verified ID Number

No

Current Age

42

Status

Active

Appointment Date

2008/08/08

Physical Address (at time of Appointment)

C/O 1 REFINERY ROAD, PROSPECTON, DURBAN, 4000

Postal Address

P.O. BOX 3179, DURBAN, 4001

Current Tel Number

0314801626

Shareholding/Membership

0.0000

 

Business Information for LORI RYERKERK

 

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 - 8 of 12 CHRISTIAN LIONNEL ARMAND FASSINOU

 

Surname

FASSINOU

First Name

CHRISTIAN LIONNEL ARMAND

ID Number

651207

Verified ID Number

No

Current Age

48

Designation

VICE PRESIDENT SUPPLY & DISTRIBUTION

Status

Active

Appointment Date

2008/04/14

Physical Address (at time of Appointment)

7 WOLSELEY MANOR,, 124 CURZON ROAD, BRYANSTON, 2021

Postal Address

PRIVATE BAG X19, BRYANSTON, 2021

Shareholding/Membership

0.0000

 

Business Information for LORI RYERKERK

 

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 - 9 of 12 BARTHOLOMEUS PETRUS VOET

 

Surname

VOET

First Name

BARTHOLOMEUS PETRUS

ID Number

650810

Verified ID Number

No

Current Age

47

Designation

MANAGING DIRECTRO

Status

Active

Appointment Date

2007/11/22

Physical Address (at time of Appointment)

8 DYKE END, MOUNT EDGECOMDE, 4000

Postal Address

P O BOX 3179, DURBAN, 4000

Shareholding/Membership

0.0000

 

Business Information for LORI RYERKERK

 

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 - 10 of 12 BARTHOLOMEUS PETRUS VOET

 

Surname

VOET

First Name

BARTHOLOMEUS PETRUS

ID Number

6508100000000

Verified ID Number

No

Current Age

47

Designation

MANAGING DIRECTRO

Status

Active

Appointment Date

2007/11/22

Physical Address (at time of Appointment

8 DYKE END, MOUNT EDGECOMDE, 4000

Postal Address

P O BOX 3179, DURBAN, 4000

Shareholding/Membership

0.0000

 

Business Information for LORI RYERKERK

 

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 - 11 of 12 AGNUS ALBERT CASSENS

 

Surname

CASSENS

First Name

AGNUS ALBERT

ID Number

530506

Verified ID Number

No

Current Age

61

Designation

VP SOUTH AFRICA AND EUROPE

Status

Active

Appointment Date

2007/07/31

Physical Address (at time of Appointment)

LESSINGSTRASSE 7, 22087 HAMBURG, GERMANY, 0000

Postal Address

22284 HAMBURG, GERMANY, 0000

Shareholding/Membership

0.0000

 

Business Information for LORI RYERKERK

 

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 - 12 of 12 JOHN ALAN YATES

 

Surname

YATES

First Name

JOHN ALAN

ID Number

500104

Verified ID Number

No

Current Age

63

Designation

REFINERY ADVISOR MANAGER

Status

Active

Appointment Date

2007/06/01

Physical Address (at time of Appointment)

11 RICHMOND BRIDGE MANSION, WILLOUGHBY ROAD, TWICKENHAM, TW1 2QJ UK, 0000

Postal Address

BP CHERTSEY ROAD, SUNBURY ON THAMES, TW 16 7LN, UK, 0000

Shareholding/Membership

0.0000

 

Business Information for LORI RYERKERK

 

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.55.50

UK Pound

1

Rs.86.40

Euro

1

Rs.68.70

 

 

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%)

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.