MIRA INFORM REPORT

 

 

Report Date :

11.08.2012

 

IDENTIFICATION DETAILS

 

Name :

BLANCOM INTERNATION PRODUCTS (PTY) LTD.

 

 

Registered Office :

3 Pillans Street, Chamdor, Krugersdorp

 

 

Country :

South Africa

 

 

Date of Incorporation :

21.06.1999

 

 

Com. Reg. No.:

1999/012996/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Subject is engaged in the latest technology peanut processing plant and equipment to produce products of superior quality

 

 

No. of Employees :

Not Available 

 

 

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 :

Liquated

 

 

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

BLANCOM  INTERNATIONAL PRODUCTS (PTY)LTD

Country

SOUTH AFRICA

Subject Contact person

BELINDA PETERSEN-DIRECTOR

 

 

Assessment

 

 

 

On investigation we made contact with the subject and we were referred to the Director MRS BELINDA PETERSEN who informed us that the company has been liquidated.

 

No further details were made available with regards to the appointed liquidators as well the liquidation stage.

 

Please see the available information on the subject below.

 

 

 

 

 

 

 

 

Company Information

 

Registered Name

BLANCOM INTERNATION PRODUCTS (PTY)LTD

Trading as/ Division Name

BLANCOM INTERNATION PRODUCTS

Previous Name

None

Date of Name Change

None

Registration Number

1999/012996/07

Registration Date

1999/06/21

Date Commenced Trading

1999-06-21

Age of Business

13 Years 1 Months

History of Business

BLANCOM INTERNATION PRODUCTS was the first commercial blanching facility in South Africa, and incorporates the latest technology peanut processing plant and equipment to produce products of superior quality.

History of Principals

There are 2 active directors within the company.

Shareholders and  % holding

Unavailable

Authorised Share Capital

Unavailable

Issued Share Capital

Unavailable

Status

In Liquidation

Operations Assessment

Peanuts, Blanched Peanuts, Roasted Peanuts, South African peanuts, Diced peanuts,40/50,50/60,70/80,80/100,Splits,Groundnuts

(peanuts, Indian Peanuts, African Peanuts, Blanched Peanuts, Raw peanuts, Farmer stock Peanuts, groundnuts, international peanuts

Industry/ Customers

Unavailable

Export

Unavailable

Major Industry Code / SICC

Unavailable

Definition of Code

Unavailable

Head Office Physical Address

 

 

3 Pillans Street

Chamdor

KRUGERSDORP

Head Office Postal Address

 

 

PO Box 35590

NORTHCLIFF

2115

Current Tel Number

011 7691274

Cell number

Unavailable

Current Fax Number

011 7691234

Current Email Address

Unavailable

Web Site Address

www.blancom.co.za

 

 

Auditors Information

 

Company Registered Name

HEALY PURVES PRETORIUS

Trading Name

HEALY PURVES PRETORIUS

Registration Number

Unavailable

Physical Address

Unavailable

Postal Address

PO BOX 35590

NORTHCLIFF

2115

Contact Person

Unavailable

Contact Number

Unavailable

Email

Unavailable

Principals

Unavailable

Judgements Against Subject

Unavailable

Judgements Against Principals

Unavailable

Subject Verified as Client

Unavailable

SAICA number

931160

VAT Number

Unavailable

Tax Number

Unavailable

BEE Status

Unavailable

Financial Year End

Unavailable

Years With Auditors

4

Website

Unavailable

 

Previous Auditors

Company Name

Phone Number

Time with previous auditors

VAN  SCHALKWYK AND PARTNERS

Unavailable

13

 

 

Tax Information

 

Vat Number

4730184670

Status

ESTATE/INSOLVENT

Vat Liable Date

1999-02-01

Tax Number

9545343841

Tax Clearance Expire Date

Unavailable

Financial Year End

February

 

Black Economic Empowerment

 

Status

Unavailable

 

 

ISO Status

 

Type of ISO Grade

Unavailable

 

 

Workman’s compensation

 

Registered

Unavailable

 

 

Company Structure

 

Subsidiaries

 

Subsidiary Company

Unavailable

 

 

Number of Employees

Unavailable

 



Company Fleet

No of vehicles:

Owned/ Leased

Value

Outstanding Balance

Fleet Operations

Unavailable

 

 

 

The Fleet is made up of

 

1.       Cars

 

 

 

 

2.       Light Delivery Vehicles

 

 

 

 

3.       Trailers

 

 

 

 

4.       Busses

 

 

 

 

5.       Trucks

 

 

 

 

6.       Fork Lifts

 

 

 

 

7.       Other

 

 

 

 

 

Offices

Unavailable

 


Branches Names

Country

Province

Unavailable

 

 

 


Branches Owned/ Rented

Unavailable

           

Management Overview

 

Organisation chart

Level

Position

Name

Unavailable

 

 

 

Company Structure (Ownership)

Note: One level up and all levels down

Holding

Company

Sub

Unavailable

 

 

 

 

Trade References

 

Key deals signed within the past 12 months.

 

Company

Value

Contact

Unavailable

 

 

 

Trade Reference nr

Supplier

Contact

Surety Value

Notarial Bonds

1

Unavailable

 

 

 

 

Trade References Detail

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

Unavailable

 

 

 

 

 

 

 

 

Adverse Information on Subject

 

Judgements

Judgements

None

Possible Judgements

None

Civil Court

None

RDs

None

 

Business Rescue

Date registered

Business rescue practitioner

Contact Information

Details

None

 

 

 

 

Default Listings

Date

Details

None

 

 


 

Notarial Bonds

Date

Details

None

 

 

 

Bank Information

 

Bank

Unavailable

 

 

Bank Codes History

Date requested

Bank Code

Enquiry Amount

Number of RD’s

RD amount

RD Date

Bank Comments

Years with bank

None

 

 

 

 

 

 

 

 

 

Previous Bank Accounts

Banker

Branch Code

Account Holder

Account number

Date opened

Years with bank

None

 

 

 

 

 

 

 

Deeds Information

 

Property Interests for Company

Title Deed No.

None

Erf/Site No.

 

Deeds Office

 

Physical Address

 

Property Type

 

Extent / Size

 

Purchase Date

 

Purchase price

 

% Ownership

 

Bond Holder

 

Bond Number

 

Bond Amount

 

 

 

Financial Information

 

Financial Estimates

CURRENT ASSETS

Unavailable

 

Please note the following:

Turnover and assets less than R 1,000,000.00

The subject falls within the National Credit Act

Turnover and assets less than R 2,000,000.00

The subject falls within the Consumer Protection Act

 


 

Principals

Number of Principals

2

Average Age of Active Principals

49

 

Active Principals

 

Principal 1 of 2: BELINDA PETERSEN

Surname

PETERSON

First Name

BELINDA

Other Names

None

Marital Status

Unavailable

ID Number

6103080188085

Verified ID Number

Yes

Current Age

51

Designation

Director

Status

Active

Appointment Date

2006-03-01

Physical Address (at time of Appointment)

2A Starrenburg Street

WITPOORTJIE

1725

Postal Address

 

PO Box 3536

WITBEECK

1729

Current Tel Number

011 4413283

Cell number

0722666937

Current Fax Number

011 7691234

Current Email Address

Unavailable

Shareholding

Unavailable

 

Adverse Information for: BELINDA PETERSEN

 

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for: BELINDA PETERSEN

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

BLANCOM INTERNATIONAL

PRODUCTS (PTY)LTD

1999/012996/07

In Business

13 Years 1 Months

0

No

AGRINUT COMMODITIES SA (PTY)LTD

2009/009349/07

In Business

3 Years 2 Months

1

No

LA BOCCA FOODS AND COMMERCIAL CATERING CC

2010/055071/23

In Business

2 Years 3 Months

0

No

 

Previous Business Interests

Average Age of Previous Business Interests

None

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

None

 

 

 

 

 

 

Deeds Information

 

Property Interests for: BELINDA PETERSEN

 

Title Deed No.

None

Erf/Site No.

 

Deeds Office

 

Physical Address

 

Property Type

 

Extent / Size

 

Purchase Date

 

Purchase price

 

% Ownership

 

Bond Holder

 

Bond Number

 

Bond Amount

 

 

Principal 2 of 2: PASQUALE FRESE

Surname

FRESE

First Name

PASQUALE

Other Names

None

Marital Status

Unavailable

ID Number

6410025129086

Verified ID Number

Yes

Current Age

48

Designation

Director

Status

Active

Appointment Date

2000-11-08

Physical Address (at time of Appointment)

7 Highcrest

Anna Smit Place

Northcliff,2125

Postal Address

 

PO Box 7154

WESTGATE

1734

Current Tel Number

011 6161690

Cell number

083 2686803

Current Fax Number

011 7691234

Current Email Address

Unavailable

Shareholding

Unavailable

 

Adverse Information for: PASQUALE FRESE

 

Judgement

Number of Judgements

1

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for: PASQUALE FRESE

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

BLANCOM INTERNATIONAL

PRODUCTS (PTY)LTD

1999/012996/07

In Business

13 Years 1 Months

0

No

 

Previous Business Interests

Average Age of Previous Business Interests

6 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

SECO COMMODITIES AND INVESTMENTS (PTY)LTD

2003/002501/07

Deregistration Final

9 Years 5 Months

0

No

AGRINUT COMMODITIES SA (PTY)LTD

2009/009349/07

In Business

3 Years 2 Months

1

No

 

Deeds Information

 

Property Interests for: PASQUALE FRESE

Title Deed No.

None

Erf/Site No.

 

Deeds Office

 

Physical Address

 

Property Type

 

Extent / Size

 

Purchase Date

 

Purchase price

 

% Ownership

 

Bond Holder

 

Bond Number

 

Bond Amount

 

 

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.34

UK Pound

1

Rs.86.45

Euro

1

Rs.68.43

 

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.