MIRA INFORM REPORT

 

 

Report Date :

17.08.2012

 

IDENTIFICATION DETAILS

 

Name :

DEKSNY TRADING (PTY) LTD

 

 

Formerly Known as:

TOATAL TRANFORMATION CONSULTANTS CC

 

 

Registered Office :

969 DISSELBOOMBATELEUR BASTION 39WAPADRANDGAUTENG

 

 

Country :

South Africa

 

 

Date of Incorporation :

20.02.2008

 

 

Com. Reg. No.:

K2011/106928/07

 

 

Legal Form :

Closed Corporation

 

 

line of business :

Merchant Trading,Steel Products,glass and Medical Products

 

 

No. of Employees :

1

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

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

 


Summary

 

Subject Name

DEKSNY TRADING (PTY) LTD

Country

South Africa

Subject Contact Person

andre@deksny.co.za

Assessment

This is an established business. On investigation on we made contact with the director, MR ANDRE DE KLERK who assisted us with most of the information however declined to provide financials on the subject. We are still awaiting the Tax information from the auditor which will be sent when obtained. The subject is meeting commitments timeously with suppliers. We have obtained a bank code E for an amount of R 650 000 over a period of 30 Days. Please see information on the subject below.

 

 

Company Information

 

Registered Name

DEKSNY TRADING (PTY) LTD

Previous Name

TOATAL TRANFORMATION CONSULTANTS CC

Date of Name Change

2008/02/20

Registration Number

K2011/106928/07

Registration Date

2007/08/27

Date Commenced Trading

2007-08-27

Age of Business

5 Years

History of Business

The business commenced as a CC  in 1998 under the name TOTAL TRANSFORMATION CONSULTANTS CC 1998/050299/23.The subject had a name change to DEKSNY TRADING CC IN 2008/02/20,then in 2011 the subject converted to a (PTY)LTD -DEKSNY TRADING (PTY) LTD

History of Principals

There are 2 active directors within the subject.

Shareholders/Members/Partners of subject and % holding

50%-ANDRE DE KLERK50%-WILLEM SYNMAN

Authorised Share Capital

R 100.00

Issued Share Capital/Members Contribution

R 10.00

Status

In Business

Operations Assessment

Merchant Trading,Steel Products,glass and Medical Products

Industry/ Customers

Retailers and Manufacters

Export

Export

Major Industry Code / SICC

35101

Definition of Code

Basic iron and steel industries, except steel pipe and tube mills

Head Office Physical Address

969 DISSELBOOMBATELEUR BASTION 39WAPADRANDGAUTENG

Head Office Postal Address

P 0 BOX 819WAPADRAND PRETORIA 0050

Current Tel Number

012 8075714

Current Fax Number

012 3498412

Current Email Address

andre@deksny.co.za

 

Auditors Information

 

No Information on Record

 

Previous Auditors information - No Information on Record

 

 

Tax Information

 

No Information on Record

 

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

 

Number of Employees

1

1. Salaried employees

1

2. Waged employees

 

3. Permanent employees

1

4. Casual employees

 

5. Contracted employees

 

Comment

 

Company Fleet

Company Fleet

No of vehicles:

Ownerd/Leased

Value

Outstanding Balance

Fleet Operations

 

 

 

 

The Fleet is made up of

2

Comment

 

Cars

1

Owned

R 200000.00

 

Light delivery Vehicles

1

Owned

R 320000.00

 

 

 

 

Offices

 

Offices

Offices

Head Office Owned/ Rented

Owned

Rental Company

 

Owned by

DEKSNY TRADING (PTY)LTD

Value

R 4200000.00

Bond

 

Bank

 

Lease Agreement

 

Lease Expire Date

 

Type of Premises

House with office rights

Comment

 

 

Branch Information - No Information on Record

 

 

Management Overview

 

Organisational Chart - No Information on Record

 

 

Company Structure (Ownership)

Note: One level up and all levels down

 

Holding

Company

Sub

Comment

50%

ANDRE DE KLERK

 

 

50%

WILEM SYNMAN

 

 

 

Key Deals - No Information on Record

 

Trade References

 

Trade Reference nr

Supplier

Contact

Surety Value

Notarial Bonds

Comment

1

BSI STEEL

0338462222

 

 

 

2

PRO TRUTH

012 542 7554

 

 

 

3

FIZA

0312015950

 

 

 

 

Trade References Detail

 

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

1 Years

R 400000.00

R 620000.00

30 Days

R 300000

30 Days

Excellent

2

1 Years

R150000.00

R 250000.00

30 Days

R100000

30 Days

Good

3

6 Years

R100000.00

R120000.00

30 Days

R 60000

30 Days

Excellent

 

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

HATFIELD

Brach Code

 

Bank Account Number

4050705250

Type of Account

 

Account Name

DEKSNY TRADING (PTY)LTD

Overdraft Facilities

No

Bank Code

E

Bank Comment

The subject's bankers consider the amount of your enquiry to be too high.

 

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

2

Average Age of Active Principals

46

Active Principals Principal - 1of 2 WILLEM SNYMAN

Surname

SNYMAN

First Name

WILLEM

Other Names

 

Marital Status

Married

ID Number

6505065128003

Verified ID Number

Yes

Current Age

47

Designation

DIRECTOR

Status

Active

Appointment Date

2011/08/25

Physical Address (at time of Appointment)

969 DISSELBOOMSTREET, 38 BATELEUR BASTION, PRETORIA, 0001

Postal Address

P 0 BOX 819, WAPADRAND, JOHANNESBURG, Gauteng, 0050

Current Tel Number

0126618484

Cell number

0832347663

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information forWILLEM SNYMAN

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

LISSATABA NO 9 CC

1989/037908/23

In Business

22 Years 9 Months

0

No

 

WELD STEEL AND HARDWARE (PTY) LTD

2002/014164/07

Deregistration Process

10 Years 2 Months

0

No

 

AAAINLAND IMPORT CC

B2011/033712/23

In Business

1 Years 5 Months

0

No

 

DEKSNY TRADING (PTY) LTD

K2011/106928/07

Conversion CO/CC or CC/CO

5 Years

0

No

 

THE BATELEUR BASTION ASSOCIATION OF HOME OWNERS

M1993/005452/08

In Business

18 Years 11 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Average Age of Previous Business 15 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BEST BUY BUILD AND STEEL (PTY)LTD

1972/008374/07

Voluntary Liquidation

40 Years

0

Yes

 

DEVELOPMENT INTERNATIONAL MARKETING CC

1988/011302/23

Dissolved

24 Years 4 Months

0

No

 

PROSTEEL INTERNATIONAL TRADING (PTY)LTD

1997/013319/07

In Business

15 Years

0

No

 

S I H INTERNATIONAL TRADING (PTY)LTD

1999/016546/07

Deregistration Final

13 Years

3

No

 

CORR-LINE STEEL AND ROOF (PTY)LTD

2002/004630/07

In Business

10 Years 6 Months

0

No

 

CORR-LINE

PROPERTIES (PTY)LTD

2003/017204/07

Deregistration Final

9 Years 1 Months

0

No

 

PLEIADES INVESTMENTS (PTY) LTD

2004/012104/07

Deregistration Final

8 Years 3 Months

0

No

 

DEKSNY TRADING CC

B2007/166409/23

In Business

5 Years

0

No

 

S S PROFILING (PTY) LTD

M1997/011096/07

In Business

15 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

BEST BUY BUILD AND STEEL (PTY)LTD

1972/008374/07

Voluntary Liquidation

40 Years

0

Yes

 

DEVELOPMENT INTERNATIONAL MARKETING CC

1988/011302/23

Dissolved

24 Years 4 Months

0

No

 

PROSTEEL INTERNATIONAL TRADING (PTY)LTD

1997/013319/07

In Business

15 Years

0

No

 

S I H INTERNATIONAL TRADING (PTY)LTD

1999/016546/07

Deregistration Final

13 Years

3

No

 

CORR-LINE STEEL AND ROOF (PTY)LTD

2002/004630/07

In Business

10 Years 6 Months

0

No

 

CORR-LINE

PROPERTIES (PTY)LTD

2003/017204/07

Deregistration Final

9 Years 1 Months

0

No

 

PLEIADES INVESTMENTS (PTY) LTD

2004/012104/07

Deregistration Final

8 Years 3 Months

0

No

 

DEKSNY TRADING CC

B2007/166409/23

In Business

5 Years

0

No

 

S S PROFILING (PTY) LTD

M1997/011096/07

In Business

15 Years 1 Months

0

No

 

 

Principals Deeds Information – No Information on Record

 

 

ANDRE DE KLERK

 

Surname

DE KLERK

First Name

ANDRE

Other Names

 

Marital Status

Single

ID Number

6704245021085

Verified ID Number

Yes

Current Age

45

Designation

DIRECTOR

Status

Active

Appointment Date

2011/08/25

Physical Address (at time of Appointment)

BATELEUR BASTION 31, 969 DISSELBOOM ROAD, WAPADRAND, Gauteng, 0050

Postal Address

P O BOX 819, WAPADRAND, PRETORIA, Gauteng, 0050

Current Tel Number

0113504291

Cell number

0744811129

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information forANDRE DE KLERK

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

LISSATABA NOMMER 36 CC

1989/035324/23

Deregistration Process

22 Years 10 Months

0

No

 

EXPRESS MODEL TRADING 365 (PTY) LTD

2002/029129/07

In Business

9 Years 9 Months

0

No

 

MIDNIGHT STORM INVESTMENTS 207 CC

2008/235325/23

In Business

3 Years 9 Months

0

No

 

DEKSNY TRADING CC

B2007/166409/23

In Business

5 Years

0

No

 

DEKSNY TRADING (PTY) LTD

K2011/106928/07

Conversion CO/CC or CC/CO

5 Years

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business 5 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DESERT WIND PROPERTIES 133 CC

2007/162124/23

Deregistration Final

5 Years

0

No

 

 

Principal's Deeds Information - No information on record

 


 

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 :

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.