MIRA INFORM REPORT

 

 

Report Date :           

08.08.2012

 

IDENTIFICATION DETAILS

 

Name :

TBZ EXPORT AND IMPORT CC

 

 

Formerly Known as:

THE BUSINESS ZONE 1349

 

 

Registered Office :

Unit 5,12 Bertie Industrial ParkBertie Ave,Epping 2CAPE TOWN

 

 

Country :

South Africa

 

 

Date of Incorporation :

20.01.2006

 

 

Com. Reg. No.:

2006/009148/23

 

 

Legal Form :

Closed Corporation

 

 

Line of Business :

Wholesale in Marble and sand stone Flooring.

 

 

No. of Employees :

5

 

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 :

Slow

 

 

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

TBZ EXPORT AND IMPORT CC

Country

South Africa

Subject Contact Person

JAVADINIA MANSOUR

Assessment

This is a well-established business. On investiagtion we made contact with the subject and we were referred to the Director MR JAVADINIA MANSOUR who assisted with some information and declined to assist with Financial information as it deemed as confidential.We were un­able to Obtain any Trade Referrences due to the subject not having any suppliers within the country and therefore a bank code could not be obtained.

 

 

Company Information

 

Registered Name

T B Z EXPORT AND IMPORT CC

Trading as/ Division Name

T B Z EXPORT AND IMPORT

Previous Name

THE BUSINESS ZONE 1349

Date of Name Change

Oct 5 2006 12:00AM

Registration Number

2006/009148/23

Registration Date

2006/01/20

Date Commenced Trading

2006-01-20

Age of Business

6 Years 6 Months

History of Business

Established in January 2006, TBZ Exports & Imports offices are situated in the backdrop of Cape Town, recognized as one of the central locations for international trade routes, and well renowned as the best destination in Africa

History of Principals

There is 1 Active Directror currently within the company.

Shareholders/Members/Partners of subject and % holding

100%-JAVADINIA MANSOUR

Authorised Share Capital

 

Issued Share Capital/Members Contribution

R 0.00

Status

In Business

Operations Assessment

Wholesale in Marble and sand stone Flooring.

Industry/ Customers

Construction,Architects and the public.

Export

Export

Major Industry Code / SICC

50390

Definition of Code

 

Head Office Physical Address

Unit 5,12 Bertie Industrial ParkBertie Ave,Epping 2CAPE TOWN

Head Office Postal Address

Unit 5,12 Bertie Industrial ParkBertie Ave,Epping 2CAPE TOWN

Current Tel Number

0215342314

Current Fax Number

0215342315

Current Email Address

info@tbzone.co.za

Web Site Address

www.teriantile.co.za

Auditors Information

 

Company Registered Name

CAP CHARTERED ACCOUNTANT

Trading Name

CAP CHARTERED ACCOUNTANTS

Physical Address

6th Floor, The Cliffs, Niagara RdTyger FallsBellville 7536

Postal Address

P O BOX 5526 TYGERVALLEY 7536

Contact Person

Dominique Riley

Contact Number

0861777227

Email

dominique@chartered.co.za

Subject Verified as Client

Yes

Practice Number

0814882

VAT Number

4240221905

BEE Status

Level 2

Financial Year End

February

No of years in Business

Unknown

Comment

The auditor is in a pathnership.

 

Previous Auditors

 

Company Name

Phone Number

Time with previous auditors

Comment

SCHALK REYNEKE

 

Unknown

 

REYNEKE AND ASSOCIATES

 

Unknown

 

 

 

Tax Information

 

Vat Number

4680232156

Status

ADDRESS UNKNOWN

Vat Liable Date

2006/03/01

Tax Number

9984636143

Financial Year End

February

 

Black Economic Empowerment Information - No Information on Record

 

ISO Information - No Information on Record

 

 

Workman's compensation

 

Registered

Yes

Compliance Certified

Yes

Comment

 

 

 

Company Structure

 

Subsidiaries Information - No Information on Record

 

Employees

 

Number of Employees

5

1. Salaried employees

5

2. Waged employees

 

3. Permanent employees

5

Company Fleet

Company Fleet

No of vehicles:

Ownerd/Leased

Value

Outstanding Balance

Fleet Operations

 

 

 

 

The Fleet is made up of

6

Cars

4

Owned

R 600000.00

 

Light delivery Vehicles

1

Owned

R120000.00

 

Fork Lifts

1

Owned

 

 

 

Offices

 

Offices

Offices

Head Office Owned/ Rented

Owned

Owned by

SOUTH CENTRAL CC

Value

R 4000000.00

Type of Premises

Warehouseand, Offices

 

Branch Information - No Information on Record

 

 

Management Overview

 

Organisation Chart

 

Level

Position

Name

Comment

 

Company Structure Information - No Information on Record

 

Note: One level up and all levels down

 

Key Deals - No Information on Record

 

 

Trade References

 

Trade Reference nr

Supplier

Contact

Surety Value

Notarial Bonds

Comment

1

 

 

 

 

We were un-able to obtain the trade referrences due to the subject not having any local suppliers.

 

Trade References Detail

 

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

 

 

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

 

Bank

ABSA

Branch

SANTYTER

Bank Account Number

4064196229

Type of Account

Cheque

Account Name

TBZ EXPORT AND IMPORT

Overdraft Facilities

Yes

Bank Comment

ACCOUNT NAME AND NUMBER DIFFERS

 

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

1

Average Age of Active Principals

52

Active Principals Principal - 1 of 1 JAVADINIA MANSOUR

Surname

MANSOUR

First Name

JAVADINIA

ID Number

6004300000000

Verified ID Number

No

Current Age

52

Status

Active

Appointment Date

2008/04/03

Physical Address (at time of Appointment)

1 CLARISSA CLOSE, PLATTEKLOOF, 2 PAROW, 7500

Postal Address

1 CLARISSA CLOSE, PLATTEKLOOF, 2 PAROW, 7500

Shareholding/Membership

100.0000

 

 

Principal's Adverse - No information on record

 

 

Business Information for JAVADINIA MANSOUR

 

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.