MIRA INFORM REPORT
|
Report Date : |
18.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
CHEM-I-PLAST (PTY)LTD |
|
|
|
|
Registered Office : |
20 Skeen Boulevard, Ground Floor-North Wing, Bedfordview, Johannesburg, 2007 |
|
|
|
|
Country : |
South
Africa |
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Date of Incorporation : |
02.07.2003 |
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|
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Com. Reg. No.: |
M2003/015348/07 |
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|
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|
Legal Form : |
Private company |
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|
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Line of Business : |
Manufacturer
plastic products |
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No. of Employees : |
12 employees
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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 : |
Unknown |
|
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 |
|
Subject
Name |
CHEM
I PLAST |
|
Country |
South
Africa |
|
Subject
Contact Person |
ROBY
- OPERATIONS MANAGER |
|
Assessment |
This is
an established business. On investigation we made contact with the subject and
we were referred to the Operations Manager Mr ROBY
who assisted with some information on the subject. Mr
Roby has declined to assist with most of the information due to it being
confidential. Please see the available information for the subject below. |
|
Registered
Name |
CHEM-I-PLAST
(PTY)LTD |
|
Trading
as/ Division Name |
CHEM-I-PLAST |
|
Registration
Number |
M2003/015348/07 |
|
Registration
Date |
2003/07/02 |
|
Date
Commenced Trading |
2003-07-02 |
|
Age
of Business |
9
Years 1 Months |
|
History
of Business |
The
business Started out as a new business in 2003. |
|
History
of Principals |
There
are 2 Active Directors within the company. |
|
Shareholders/Members/Partners
of subject and % holding |
100%
TEENA THOMAS |
|
Status |
In
Business |
|
Operations
Assessment |
Manufacturer
plastic products |
|
Industry/
Customers |
Manufacturing |
|
Major
Industry Code / SICC |
33800 |
|
Definition
of Code |
Manufacture
of plastic products |
|
Head
Office Physical Address |
20 SKEEN BOULEVARD,
GROUND FLOOR-NORTH WING, BEDFORDVIEW, JOHANNESBURG, 2007 |
|
Head
Office Postal Address |
P
O BOX 904, BEDFORDVIEW, 2008 |
|
Current
Tel Number |
0116160111 |
|
Cell
Number |
0824522827 |
|
Current
Fax Number |
0114550991 |
|
Current
Email Address |
|
|
Web
Site Address |
|
|
Comments |
|
|
Company
Registered Name |
LAMBAT
AND POCHEE |
|
Trading
Name |
LAMBAT
AND POCHEE |
|
Physical
Address |
39
Park down, MAYFAIR |
|
Postal
Address |
P
O BOX 42126, FORDBURG, 2125 |
|
Contact
Person |
SAFIA |
|
Contact
Number |
011
8379663 |
|
Email |
|
|
Principals |
2 |
|
Subject
Verified as Client |
Yes |
|
Practice
Number |
943290 |
|
VAT
Number |
4870122605 |
|
BEE
Status |
Yes,level
3 |
|
Financial
Year End |
February |
|
No
of years in Business |
Unknown |
|
Comment |
The
auditor LAMBAT AND POTCHEE IS A PATHNERSHIP. |
Previous
Auditors Information - No Information on Record
Tax information
|
Vat
Number |
4740208048 |
|
Status |
ACTIVE |
|
Vat
Liable Date |
2003/09/01 |
|
Tax
Number |
9482328151 |
|
Tax
Clearance Expire Date |
|
|
Financial
Year End |
February |
|
Comment |
|
|
Black
Economic Empowerment |
|
|
Status |
Yes |
|
Score |
3.00 |
|
Expire
Date |
Oct
1 2012 |
|
BEE
Certificate Available |
No |
|
Comment |
|
|
|
|
|
ISO
Information - No Information on Record |
|
|
Workman's
compensation |
|
|
Registered |
Yes |
|
Compliance
Certified |
Yes |
|
Comment |
|
Subsidiaries
Information - No Information on Record
|
Employees |
|
|
Number
of Employees |
12 |
|
1.
Salaried employees |
12 |
|
2.
Waged employees |
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|
3.
Permanent employees |
12 |
|
4.
Casual employees |
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|
5.
Contracted employees |
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|
Comment |
|
Company
Fleet Information - No Information on Record
Offices
|
Offices |
Offices |
|
|
Head
Office Owned/ Rented |
Leased |
|
|
Rental
Company |
LINKED
LOGISTICS |
|
|
Owned
by |
|
|
|
Value |
|
|
|
Bond |
|
|
|
Bank |
|
|
|
Lease
Agreement |
3
Years |
|
|
Lease
Expire Date |
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|
|
Type
of Premises |
Office
Block |
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|
Comment |
|
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|
Branch
Information |
||
|
Branches Names |
Country |
Province |
|
CHEM-I-PLAST(PTY)LTD |
South Africa |
Durban |
|
CHEM-I-PLAST |
South Africa |
CAPE TOWN |
|
Branch
Detail Information |
||
|
Branches
Owned/ Rented |
Leased |
|
|
Rental
Company |
LINKED
LOGISTICS |
|
|
Owned
by |
|
|
|
Value |
|
|
|
Bond |
|
|
|
Bank |
|
|
|
Lease
Agreement |
3
Years |
|
|
Lease
Expire Date |
|
|
|
Type
of Premises |
Offices |
|
|
Comment |
|
|
|
|
||
|
Branches
Owned/ Rented |
Leased |
|
|
Rental
Company |
LINKED
LOGISTICS |
|
|
Owned
by |
|
|
|
Value |
|
|
|
Bond |
|
|
|
Bank |
|
|
|
Lease
Agreement |
3
Years |
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|
Lease
Expire Date |
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|
|
Type
of Premises |
Offices |
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|
Comment |
|
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Organisation
Chart
|
Level |
Position |
Name |
Comment |
|
1 |
Director |
TEENA THOMAS |
|
|
2 |
DIRECTOR |
RONY JOSE |
|
Company Structure
(Ownership)
Note: One level up and all levels down
|
Holding |
Company |
Sub |
Comment |
|
100% |
TEENA THOMAS |
|
|
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
|
Number
of Principals |
2 |
|
Average
Age of Active Principals |
38 |
|
Active Principals
Principal - 1 of 2 RONY
JOSE |
|
|
Surname |
JOSE |
|
First
Name |
RONY |
|
Other
Names |
|
|
Marital
Status |
Married |
|
ID
Number |
7102126201182 |
|
Verified
ID Number |
Yes |
|
Current
Age |
41 |
|
Designation |
Diector |
|
Status |
Active |
|
Appointment
Date |
2006/07/10 |
|
Physical
Address (at time of Appointment) |
6
VAN HEERDEN STREET, RANDHART, ALBERTON, 1457 |
|
Postal
Address |
P
O BOX 904, BEDFORDVIEW, 2008 |
|
Current
Tel Number |
0116160111 |
|
Cell
number |
0825708129 |
|
Shareholding/Membership |
0.0000 |
Principal's
Adverse - No information on record
Business
Information for RONY JOSE
Principal
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
SUN STAMPERS
SOUTH AFRICA (PTY)LTD |
2004/035286/07 |
In Business |
7 Years 8 Months |
0 |
No |
|
|
WORLD
MALAYALEE COUNCIL -JOHANNESBURG |
2005/025159/08 |
In Business |
7 Years 1 Months |
0 |
No |
|
|
CHEM-I-PLAST
(PTY)LTD |
M2003/015348/07 |
In Business |
9 Years 1 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 RONY JOSE
|
Title
Deed No. |
T40102/2009 |
Erf/Site
No. |
|
|
Deeds
Office |
JOHANNESBURG |
Physical
Address |
|
|
Property
Type |
Freehold |
Extent
/ Size |
1123.0SQM |
|
Purchase
Date |
2009/11/10 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
AFROPULSE
132 PTY LTD |
|
Bond
Number |
I-3062009C |
Bond
Amount |
|
|
Comment |
|
||
Property
Interests for RONY JOSE
|
Title
Deed No. |
T3159/2003 |
Erf/Site
No. |
|
|
Deeds
Office |
JOHANNESBURG |
Physical
Address |
RANDHART
ALBERTON |
|
Property
Type |
Freehold |
Extent
/ Size |
1614.0SQM |
|
Purchase
Date |
2002/08/05 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
STANDARD
BANK OF SOUTH AFRICA L |
|
Bond
Number |
B25052003 |
Bond
Amount |
|
Principal
- 2 of 2 TEENA THOMAS
|
Surname |
THOMAS |
|
First
Name |
TEENA |
|
Other
Names |
|
|
Marital
Status |
Married |
|
ID
Number |
7605170878184 |
|
Verified
ID Number |
Yes |
|
Current
Age |
36 |
|
Designation |
BUSINESSWOMAN |
|
Status |
Active |
|
Appointment
Date |
2003/07/02 |
|
Physical
Address (at time of Appointment) |
GROUND
FLOOR NORTH WING, 20 SKEEN BOULEVARD, BEDFORDVIEW, 2007 |
|
Postal
Address |
PO
BOX 904, BEDFORDVIEW, 2008 |
|
Current
Tel Number |
011
6160111 |
|
Cell
number |
|
|
Shareholding/Membership |
100% |
Principal's
Adverse - No information on record
Business
Information for TEENA THOMAS
Principal
Current Business Interests
|
Company
Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CHEM-I-PLAST
(PTY)LTD |
M2003/015348/07 |
In Business |
9 Years 1 Months |
0 |
No |
|
Principal
Previous Business Interests
Average Age of Previous Business 7
Years
|
Company Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
SUN
STAMPERS SOUTH AFRICA (PTY)LTD |
2004/035286/07 |
In Business |
7
Years 8 Months |
0 |
No |
|
Principal Deeds
Information
Property Interests
for TEENA THOMAS
|
Title
Deed No. |
T3159/2003 |
Erf/Site
No. |
|
|
Deeds
Office |
JOHANNESBURG |
Physical
Address |
RANDHART
ALBERTON |
|
Property
Type |
Freehold |
Extent
/ Size |
1614.0SQM |
|
Purchase
Date |
2002/08/05 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
STANDARD
BANK OF SOUTH AFRICA L |
|
Bond
Number |
B25052003 |
Bond
Amount |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.70 |
|
UK Pound |
1 |
Rs.87.55 |
|
Euro |
1 |
Rs.68.85 |
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.