MIRA INFORM REPORT

 

Report Date :

16.08.2012

 

IDENTIFICATION DETAILS

 

Name :

REEBOK (SOUTH AFRICA) (PTY) LTD

 

 

Formerly Known as:

FAISAL INVESTMENTS

 

 

Registered Office :

100 PENDLEBURY ROAD, MOBENI, 4060

 

 

Country :

South Africa

 

 

Date of Incorporation :

05.04.2005

 

 

Com. Reg. No.:

M2005/010464/07

 

 

Legal Form :

Private Company

 

 

line of business :

Wholesale trade in textiles, clothing and footwear

 

 

No. of Employees :

1000

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Good

Payment Behaviour :

Regular

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 – 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

 


Summary

 

Subject Name

REEBOK (SOUTH AFRICA) (PTY) LTD

Country

South Africa

Subject Contact Person

SEGERI-CREDIT CONTROLLER

Assessment

This is a well-established and well -connected business. On investigation contact was made with Segeri at the concern. The business has a reputable and well standing image in the clothing sector Trade References revealed that the highest credit limit granted to the business is R 800 000 over 30 days. Please find the information obtained below.

 

 

Company Information

 

Registered Name

REEBOK (SOUTH AFRICA) (PTY) LTD

Trading as/ Division Name

REEBOK

Previous Name

FAISAL INVESTMENTS

Date of Name Change

Aug 14 2006 12:00AM

Registration Number

M2005/010464/07

Registration Date

2005/04/05

Date Commenced Trading

2005-04-05

Age of Business

7 Years 4 Months

History of Business

REEBOK (SOUTH AFRICA) (PTY)LTD was registered in August 2006 .REEBOK (SOUTH AFRICA) (PTY)LTD is the owner of the Reebok International manufacturing and distribution license for apparel, footwear and ancillary products in South AfricaREEBOK (SOUTH AFRICA) (PTY)LTD has a manufacturing facility in Lesotho

History of Principals

Mr. Craig R. Coombe is the Chief Financial Officer and Executive Director at Imbewu Capital Partners (Pty) Ltd. He is an investment executive and one of the founder shareholders of Imbewu

Shareholders/Members/Partners of subject and % holding

REEBOK (SOUTH AFRICA) (PTY)LTD operates as a subsidiary of Reebok International Ltdwhich is in turn, a subsidiary of Adidas Group since 2005 based in Germany

Authorised Share Capital

R 4000.00

Issued Share Capital/Members Contribution

R 120.00

Status

In Business

Operations Assessment

The business operates as a global brand that designs,manufacturs,markets and distributes sports ,casual and lifestyle products such as clothing,footwear and related accesories

Industry/ Customers

Clothing and footwear

Export

Import,Export

Major Industry Code / SICC

61310

Definition of Code

Wholesale trade in textiles, clothing and footwear

Head Office Physical Address

100 PENDLEBURY ROAD, MOBENI, 4060

Head Office Postal Address

PO BOX 32132, MOBENI, 4060

Current Tel Number

031 459 8800

Cell Number

082 9005289

Current Fax Number

031 459 8829

Current Email Address

john. lyon@reebok.co.za / radha.naidoo@reebok.co.za

Web Site Address

www.reebok.co.za

Comments

 

 

Auditors Information

 

Company Registered Name

MAZARS FINANCIAL SERVICES (EC)

Trading Name

MAZARS MOORES ROWLAND

Registration Number

1995/004696/07

Physical Address

30 BIRD STREETCENTRALPORT ELIZABETH6001

Postal Address

P O BOX 285, PORT ELIZABETH, 6000

Contact Number

041 5019700

Principals

10

Judgements Against Subject

No information on file

Judgements Against Principals

No information on file

Subject Verified as Client

Yes

Practice Number

913693E

VAT Number

4020115830

No of years in Business

5

Website

www.mazars.co.za

 

 

Previous Auditors

 

Company Name

Phone Number

Time with previous auditors

Comment

MOORES ROWOLAND

 

Unknown

 

NEXIAL LEVITT KIRSON

 

Unknown

 

 

 

Tax Information

 

Vat Number

4240225823

Status

ACTIVE

Vat Liable Date

2006/01/01

Tax Number

9509563152

Financial Year End

December

 

 

Black Economic Empowerment

 

Status

 

Score

 

Expire Date

 

BEE Certificate Available

 

Comment

Unconfirmed

 

 

 

ISO Information - No Information on Record

 

Workman's compensation

Registered

Yes

Compliance Certified

Yes

Comment

 

 

 

Company Structure

 

Subsidiaries

 

Subsidiary Company

REEBOK STORE ONLINE (PTY)LTD

Shareholding

 

Registration Number

1996/010611/07

Import / Export

None

Comment

The business provides on-line shopping services VAT number 4750160352

Employees

Number of Employees

1000

1. Salaried employees

 

2. Waged employees

 

3. Permanent employees

 

4. Casual employees

 

5. Contracted employees

 

Comment

The staff breakdown was not made available

 

Company Fleet

 

Company Fleet

No of vehicles:

Ownerd/Leased

Value

Outstanding Balance

 

Fleet Operations

 

 

 

 

 

The Fleet is made up of

 

 

Comment

The breakdown and fleet description was not made available

 

Cars

 

 

 

 

 

Branches Names

Country

Province

Gauteng, Bedfordview, St Andrews

South Africa

Gauteng

REEBOK SA (PTY) LTD

South Africa

Kwa-Zulu Natal

Branch Information

 

Branch Detail Information

Branches Owned/ Rented

Leased

Rental Company

 

Owned by

 

Value

 

Bond

 

Bank

 

Lease Agreement

 

Lease Expire Date

 

Type of Premises

 

Comment

The Physical address for the branch is 1st Foolr Pellmeadow Office Park60 Civin DriveSt AndrewsBedfordview2007 Contact DetailsTelephone:011 453 9511 Fax: 011 453 9878

 

Branches Owned/ Rented

Leased

Rental Company

Old Mutual Property

Owned by

 

Value

 

Bond

 

Bank

 

Lease Agreement

 

Lease Expire Date

 

Type of Premises

 

Comment

The physical address for the branch is:Shop F092 Gateway Theatre of Shopping1 Palm BoulevardUmhlanga Ridge4319Contact DetailsTelephone Number:031 566 3013 Email: gwpos@reebok.co.za

 

 

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

SPUNLOK BONDED TEXTILES CC

031 700 2208

 

 

 

2

Davro Marketing CC

0319026593

 

 

Awaiting outstanding Trade Reference

3

EVA COMPONENTS

0314685231

 

 

 

4

Sockit Manufacturing

021 932 0600

 

 

 

 

Trade References Detail

 

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

15 years

R 400000.00

R

250000.00

30 days

R 85000

30 days

5% settlement discount

2

 

 

 

 

 

 

 

3

1996

R 800000.00

R

800000.00

30 days

R 500000

30 days

Good Account

4

 

 

 

 

 

 

Wendy is unavailable

to assist , a faxed trade reference was sent in the meanwhile to 0219320606

 

 

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 Code History - No Information on Record

 

Previous Bank Account Information - No Information on Record

 

 

Deeds Information

 

Property Interests for Company REEBOK (SOUTH AFRICA) (PTY) LTD

 

Title Deed No.

T24922/2006

Erf/Site No.

 

Deeds Office

BLOEMFONTEIN

Physical Address

73 DE VILLIERS FICKSBURG FICKSBURG

Property Type

Freehold

Extent / Size

1787.0SQM

Purchase Date

2006/07/17

Purchase price

 

% Ownership

0.00

Bond Holder

INVESTEC BANK LTD

Bond Number

B213042006

Bond Amount

 

Comment

 

 

 

Financial Information

 

Financial Estimates

 

CURRENT ASSETS

 

Stock

 

Debtors

 

FIXED ASSETS

 

Plant, Equipment, Vehicles

 

Property

 

CURRENT LIABILITIES

 

Creditors

 

Loans/ From?

 

Loan Details

 

LONG TERM LIABILITIES

 

Morgage Bonds

 

Previous Year Turnover

 

Estimated Current Year Turnover

 

Current Turnover per month

 

Current Turnover per annum

 

Comment

The Consolidated Income Statement of Addidas Group for December 2011 is attached

 

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

5

Average Age of Active Principals

43

Active Principals Principal - 1 of 5 CRAIG COOMBE

Surname

COOMBE

First Name

CRAIG

Other Names

 

Marital Status

 

ID Number

7007185055082

Verified ID Number

Yes

Current Age

42

Designation

 

Status

Active

Appointment Date

2006/07/01

Physical Address (at time of Appointment)

28A BLAIR ATHOLL ROAD, WESTVILLE, 3629

Postal Address

P O BOX 1206, UMHLANGA ROCKS, Kwa-Zulu Natal, 4320

Current Tel Number

0315661484

Cell number

0826105585

Shareholding/Membership

0.0000

 

Business Information for CRAIG COOMBE

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

UDRAKO CC

2003/080380/23

In Business

8 Years 11 Months

0

No

 

CRESSWOOD

INVESTMENTS

(PTY)LTD

2004/018951/07

In Business

8 Years 1 Months

0

No

 

IMBEWU CAPITAL

PARTNERS

(PTY)LTD

2005/008562/07

In Business

7 Years 5 Months

0

No

 

IMBEWU CAPITAL

PARTNERS

PROPERTIES

HOLDINGS

(PTY)LTD

2005/035477/07

In Business

6 Years 10 Months

0

No

 

IMBEWU CAPITAL PARTNERS PROPERTIES (PTY)LTD

2005/036390/07

In Business

6 Years 10 Months

0

No

 

COPPER EAGLE TRADING 204 CC

2005/124428/23

In Business

6 Years 11 Months

0

No

 

RZT ZELPY 5022 (PTY)LTD

2006/031738/07

In Business

5 Years 10 Months

0

No

 

RZT ZELPY 5079 (PTY)LTD

2007/001574/07

In Business

5 Years 7 Months

0

No

 

BLUE HORISON INVESTMENTS 70 (PTY)LTD

2010/006291/07

In Business

2 Years 5 Months

0

No

 

SIZA ENTERPRISE

DEVELOPMENT

FUND

2011/011415/08

In Business

1 Years 3 Months

0

No

 

ROYAL ANTHEM INVESTMENTS 127 (PTY)LTD

M2003/007300/07

In Business

9 Years 5 Months

0

No

 

REEBOK (SOUTH AFRICA) (PTY)LTD

M2005/010464/07

In Business

7 Years 4 Months

0

No

 

SECOTRADE 61 (PTY)LTD

M2005/013075/07

In Business

7 Years 4 Months

0

No

 

IMBEWU CAPITAL (PTY)LTD

M2005/019309/07

In Business

7 Years 2 Months

0

No

 

IMBEWU CAPITAL PARTNERS CONSULTING (PTY)LTD

M2005/022237/07

In Business

7 Years 2 Months

0

No

 

AUTOVEST LTD

M2007/010989/06

In Business

5 Years 4 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business 11 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

UNI-BIS (PTY)LTD

1947/027705/07

Voluntary Liquidation

64 Years 8 Months

0

Yes

 

BUSINESS CONNEXION (PTY)LTD

1993/003683/07

In Business

19 Years 1 Months

0

No

 

BUSINESS CONNEXION SOLUTIONS (PTY)LTD

1996/007887/07

Voluntary Liquidation

16 Years 2 Months

0

Yes

 

EVOLVE INTERNET INCUBATOR (PTY)LTD

1997/015670/07

Deregistration Process

14 Years 11 Months

0

No

 

BUSINESS CONNEXION SOLUTIONS HOLDINGS (PTY)LTD

1998/005113/07

In Business

14 Years 5 Months

0

No

 

GADLEX 2 (PTY)LTD

2003/008483/07

In Business

9 Years 4 Months

0

No

 

22 OLD MAIN ROAD HILLCREST (PTY)LTD

2006/005065/07

In Business

6 Years 6 Months

0

No

 

RZT ZELPY 4765 (PTY)LTD

2006/008598/07

In Business

6 Years 5 Months

0

No

 

RZT ZELPY 4766 (PTY)LTD

2006/009201/07

In Business

6 Years 5 Months

0

No

 

YAVUKA PROPERTIES CC

2006/025234/23

In Business

6 Years 6 Months

0

No

 

IMBEWU CONSORTIUM SPV 1 (PTY)LTD

2006/032092/07

In Business

5 Years 10 Months

0

No

 

IMBEWU CONSORTIUM SPV 2 (PTY)LTD

2006/032104/07

In Business

5 Years 10 Months

0

No

 

RZT ZELPY 5023 (PTY)LTD

2006/032109/07

In Business

5 Years 10 Months

0

No

 

RZT ZELPY 5030 (PTY)LTD

2006/032530/07

In Business

5 Years 10 Months

0

No

 

GREY JADE TRADE AND INVEST 102 (PTY)LTD

2006/035551/07

In Business

5 Years 9 Months

0

No

 

BLUE HORISON INVESTMENTS 52 (PTY)LTD

2008/014165/07

Deregistration Final

4 Years 2 Months

0

No

 

EGLIN INVESTMENTS NO 31 (PTY)LTD

M2000/025276/07

In Business

11 Years 10 Months

0

No

 

GADLEX (PTY)LTD

M2001/016929/07

In Business

11 Years 1 Months

0

No

 

 

IQ BUSINESS (PTY)LTD

M2003/008603/07

In Business

9 Years 4 Months

0

No

 

 

IMBEWU CONSORTIUM SPV 3 (PTY)LTD

M2007/014778/07

In Business

5 Years 3 Months

0

No

 

 

 

Principal Deeds Information Property Interests for CRAIG COOMBE

 

Title Deed No.

 

Erf/Site No.

 

Deeds Office

 

Physical Address

 

Property Type

 

Extent / Size

 

Purchase Date

 

Purchase price

 

% Ownership

 

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

JOHN LYON

 

Surname

LYON

First Name

JOHN

Other Names

 

Marital Status

 

ID Number

5206035135084

Verified ID Number

Yes

Current Age

60

Designation

 

Status

Active

Appointment Date

2006/07/01

Physical Address (at time of Appointment)

36 DE JAGERSTRAAT, FICKSBURG, 9301

Postal Address

P O BOX 1161, FICKSBURG, 9730

Current Tel Number

0393155989

Cell number

0829005289

Shareholding/Membership

0.0000

 

Business Information for JOHN LYON

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PLAISTOW

INVESTMENTS

(PTY)LTD

2010/016291/07

In Business

2 Years

0

No

 

SPRINGFIELD

FOOTWEAR

(PTY)LTD

M1995/003924/07

Deregistration Process

17 Years 3 Months

0

No

 

REEBOK (SOUTH AFRICA) (PTY)LTD

M2005/010464/07

In Business

7 Years 4 Months

0

No

 

VIKRAM

INVESTMENTS

(PTY)LTD

M2005/010850/07

In Business

7 Years 4 Months

0

No

 

SECOTRADE 61 (PTY)LTD

M2005/013075/07

In Business

7 Years 4 Months

0

No

 

JASPICO TRADING (PTY)LTD

M2009/022519/07

In Business

2 Years 9 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

 

 

 

 

 

 

 

 

Principal Deeds Information Property Interests for JOHN LYON

 

Title Deed No.

 

Erf/Site No.

 

Deeds Office

 

Physical Address

 

Property Type

 

Extent / Size

 

Purchase Date

 

Purchase price

 

% Ownership

 

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

GCINA ZONDI

 

Surname

ZONDI

First Name

GCINA

Other Names

 

Marital Status

 

ID Number

7301245347088

Verified ID Number

Yes

Current Age

34

Designation

 

Status

Active

Appointment Date

2006/07/01

Physical Address (at time of Appointment)

33 KINGFISHER CRESCENT, PRESTONDALE, Kwa-Zulu Natal, 4319

Postal Address

P O BOX 2481, PRESTONDALE, -- Please Select --, 4021

Current Tel Number

0113173893

Cell number

0780218083

Shareholding/Membership

0.0000

 

Business Information for GCINA ZONDI

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

IMBEWU CAPITAL

PARTNERS

(PTY)LTD

2005/008562/07

In Business

7 Years 5 Months

0

No

 

IMBEWU CAPITAL

PARTNERS

PROPERTIES

HOLDINGS

(PTY)LTD

2005/035477/07

In Business

6 Years 10 Months

0

No

 

IMBEWU CAPITAL PARTNERS PROPERTIES (PTY)LTD

2005/036390/07

In Business

6 Years 10 Months

0

No

 

EAGLE CREEK INVESTMENTS 620 (PTY)LTD

2006/030409/07

In Business

5 Years 11 Months

0

No

 

RZT ZELPY 5022 (PTY)LTD

2006/031738/07

In Business

5 Years 10 Months

0

No

 

IMBEWU

CONSORTIUM SPV 1 (PTY)LTD

2006/032092/07

In Business

5 Years 10 Months

0

No

 

IMBEWU

CONSORTIUM SPV 2 (PTY)LTD

2006/032104/07

In Business

5 Years 10 Months

0

No

 

RZT ZELPY 5023 (PTY)LTD

2006/032109/07

In Business

5 Years 10 Months

0

No

 

RZT ZELPY 5030 (PTY)LTD

2006/032530/07

In Business

5 Years 10 Months

0

No

 

GREY JADE TRADE AND INVEST 102 (PTY)LTD

2006/035551/07

In Business

5 Years 9 Months

0

No

 

CHALDEAN TRADING 67 (PTY)LTD

2006/037367/07

In Business

5 Years 9 Months

0

No

 

RZT ZELPY 5079 (PTY)LTD

2007/001574/07

In Business

5 Years 7 Months

0

No

 

GCINA CAPITAL VENTURES CC

B2002/027132/23

In Business

10 Years 4 Months

0

No

 

RAINBOW CHICKEN LTD

M1966/004972/06

In Business

46 Years 2 Months

0

No

 

REEBOK (SOUTH AFRICA) (PTY)LTD

M2005/010464/07

In Business

7 Years 4 Months

0

No

 

SECOTRADE 61 (PTY)LTD

M2005/013075/07

In Business

7 Years 4 Months

0

No

 

IMBEWU CAPITAL (PTY)LTD

M2005/019309/07

In Business

7 Years 2 Months

0

No

 

IMBEWU CAPITAL PARTNERS CONSULTING (PTY)LTD

M2005/022237/07

In Business

7 Years 2 Months

0

No

 

AYAKHA CEMENT

HOLDINGS

(PTY)LTD

M2006/018130/07

In Business

6 Years 2 Months

0

No

 

ISEGEN SOUTH AFRICA (PTY)LTD

M2007/006549/07

In Business

5 Years 5 Months

0

No

 

IMBEWU CAPITAL PARTNERS FINANCE (PTY)LTD

M2007/014686/07

In Business

5 Years 3 Months

0

No

 

IMBEWU

CONSORTIUM SPV 3 (PTY)LTD

M2007/014778/07

In Business

5 Years 3 Months

0

No

 

IMBEWU CAPITAL 1 (PTY)LTD

M2007/014811/07

In Business

5 Years 3 Months

0

No

 

BO''S HIRE AND SALES (PTY)LTD

M2007/026441/07

In Business

4 Years 11 Months

0

No

 

JOWAK

CONSULTANTS (PTY)LTD

M2010/014367/07

In Business

2 Years 1 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

FUTUREKIDS SOUTH AFRICA (PTY)LTD

1997/004727/07

In Business

15 Years 4 Months

0

No

 

BRISKTRADE 103 (PTY)LTD

1997/018887/07

In Business

14 Years 9 Months

0

No

 

MAIN STREET 57 (PTY)LTD

2000/026074/07

In Business

11 Years 10 Months

0

No

 

22 OLD MAIN ROAD HILLCREST (PTY)LTD

2006/005065/07

In Business

6 Years 6 Months

0

No

 

YAVUKA PROPERTIES CC

2006/025234/23

In Business

6 Years 6 Months

0

No

 

COROMINING (PTY)LTD

M1962/003262/07

In Business

50 Years

0

No

 

TRUE BLUE FOODS (PTY)LTD

M1984/003328/07

In Business

28 Years 5 Months

0

No

 

GMA LOGISTICS (PTY)LTD

M2000/012978/07

In Business

12 Years 2 Months

0

No

 

EGLIN INVESTMENTS NO 31 (PTY)LTD

M2000/025276/07

In Business

11 Years 10 Months

0

No

 

AKA CAPITAL (PTY)LTD

M2000/025483/07

In Business

11 Years 10 Months

0

No

 

RICHARDS BAY PREFCO (PTY)LTD

M2008/018975/07

In Business

4 Years

0

No

 

 

Principal Deeds Information

 

Property Interests for GCINA ZONDI

 

Title Deed No.

T35398/2002

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

33 KINGFISHER PRESTONDALE UMHLANGA

Property Type

Freehold

Extent / Size

854.0SQM

Purchase Date

2002/04/20

Purchase price

 

% Ownership

0.00

Bond Holder

TRANSNET LTD

Bond Number

B209582002

Bond Amount

 

Comment

 

 

MICHAEL CROSS

 

Surname

CROSS

First Name

MICHAEL

Other Names

 

Marital Status

 

ID Number

7402225340083

Verified ID Number

Yes

Current Age

38

Designation

CHARTERED ACCOUNTANT

Status

Active

Appointment Date

2005/09/01

Physical Address (at time of Appointment)

12 KIRTLINGTON PARK, 56 INANDA ROAD, HILLCREST, 3610

Postal Address

P OBOX 2231, DURBAN, 4000

Current Tel Number

0312009041

Cell number

0823260730

Shareholding/Membership

0.0000

 

Business Information for MICHAEL CROSS

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

REEBOK STORE ONLINE (PTY)LTD

1996/010611/07

In Business

16 Years

0

No

 

PLAISTOW

INVESTMENTS

(PTY)LTD

2010/016291/07

In Business

2 Years

0

No

 

REEBOK (SOUTH AFRICA) (PTY)LTD

M2005/010464/07

In Business

7 Years 4 Months

0

No

 

VIKRAM

INVESTMENTS

(PTY)LTD

M2005/010850/07

In Business

7 Years 4 Months

0

No

 

SECOTRADE 61 (PTY)LTD

M2005/013075/07

In Business

7 Years 4 Months

0

No

 

KINGSLEY HEATH (PTY)LTD

M2009/018032/07

In Business

2 Years 11 Months

0

No

 

JASPICO TRADING (PTY)LTD

M2009/022519/07

In Business

2 Years 9 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

BOULLE SAAD AND PARTNERS NOMINEES (PTY)LTD

1985/000782/07

In Business

27 Years 6 Months

0

No

 

MAZARS BUSINESS SERVICES (KZN) (PTY)LTD

1989/000231/07

In Business

23 Years 7 Months

0

No

 

ROMOX (PTY)LTD

1993/000200/07

In Liquidation

19 Years 7 Months

0

Yes

 

ROYECK

INVESTMENTS

(PTY)LTD

1994/000540/07

Deregistration Final

18 Years 6 Months

0

No

 

TOP SPEC

INVESTMENTS

(PTY)LTD

1994/002244/07

In Business

18 Years 5 Months

0

No

 

REEBOK EDUCATION (PTY)LTD

1994/007107/07

In Business

17 Years 11 Months

0

No

 

MOORES ROWLAND FINANCIAL SERVICES (KZN) (PTY)LTD

1998/021783/07

Deregistration Final

13 Years 9 Months

0

No

 

MOORES ROWLAND (DURBAN) INVESTMENT NOMINEES (PTY)LTD

1999/009297/07

Deregistration Final

13 Years 3 Months

0

No

 

XANTIUM TRADING 115 (PTY)LTD

2000/022942/07

Deregistration Final

11 Years 11 Months

0

No

 

CORPCLO 1986 CC

2003/044998/23

Deregistration Final

9 Years 2 Months

0

No

 

PINE HAVEN

INVESTMENTS

(PTY)LTD

2004/025168/07

In Business

7 Years 11 Months

0

No

 

MRBM CONSULTANTS CC

B1998/025922/23

In Business

14 Years 3 Months

0

No

 

 

Principal Deeds Information Property Interests for MICHAEL CROSS

 

Title Deed No.

 

Erf/Site No.

 

Deeds Office

 

Physical Address

 

Property Type

 

Extent / Size

 

Purchase Date

 

Purchase price

 

% Ownership

 

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Principal - 5 of 5 BRUCE KENNETH JOUBERT

 

Surname

JOUBERT

First Name

BRUCE KENNETH

Other Names

 

Marital Status

 

ID Number

6701035707082

Verified ID Number

No

Current Age

45

Designation

BUSINESSMAN

Status

Active

Appointment Date

2005/09/01

Physical Address (at time of Appointment)

70 CARLTON AVENUE, WESTVILLE, 3629

Postal Address

P O BOX 32132, MOBENI, 4060

Current Tel Number

 

Cell number

 

Shareholding/Membership

0.0000

 

Business Information for BRUCE KENNETH JOUBERT

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

REEBOK STORE ONLINE (PTY)LTD

1996/010611/07

In Business

16 Years

0

No

 

REEBOK (SOUTH AFRICA) (PTY)LTD

M2005/010464/07

In Business

7 Years 4 Months

0

No

 

VIKRAM

INVESTMENTS

(PTY)LTD

M2005/010850/07

In Business

7 Years 4 Months

0

No

 

SECOTRADE 61 (PTY)LTD

M2005/013075/07

In Business

7 Years 4 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business 13 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

FRESNUT

INVESTMENTS

(PTY)LTD

1999/006406/07

Deregistration Final

13 Years 5 Months

0

No

 

 

Principal Deeds Information Property Interests for

 

BRUCE KENNETH JOUBERT

 

Title Deed No.

 

Erf/Site No.

 

Deeds Office

 

Physical Address

 

Property Type

 

Extent / Size

 

Purchase Date

 

Purchase price

 

% Ownership

 

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.64

UK Pound

1

Rs.87.31

Euro

1

Rs.68.81

 

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.