MIRA INFORM REPORT
|
Report Date : |
18.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
THE SNACK FACTORY
(PTY)LTD |
|
|
|
|
Registered Office : |
55 Durham Street,
Johannesburg Gauteng 2192 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
01.06.1988 |
|
|
|
|
Com. Reg. No.: |
M1988/003077/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Manufacture of nut foods |
|
|
|
|
No. of Employees : |
60 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet
normal commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No Complaints |
|
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 |
THE SNACK
FACTORY (PTY)LTD |
|
Country |
South
Africa |
|
Enquiry
Terms |
COD |
|
Account
Review |
Every 6
Months |
|
Subject
Contact Person |
HANNES
BOETA |
|
Assessment |
This is a well-established business. On
investigation we made contact with the subject and we were referred to the
Accountant Mr HANNES BOETA who assisted with most of the information, however
has declined to assist with the financials on the subject.The subject is
meeting commitments timeously with suppliers.We obtained bank code C for an
amount of R 5000 000 over a period of 30 Days .Please see the available
infomation on the subject below. |
COMPANY INFORMATION
|
Registered
Name |
THE SNACK FACTORY
(PTY)LTD |
|
Trading
as/ Division Name |
THE SNACK
FACTORY |
|
Registration
Number |
M1988/003077/07 |
|
Registration
Date |
1988/06/01 |
|
Date
Commenced Trading |
1988-06-01 |
|
Age of
Business |
24 Years 2
Months |
|
History of
Business |
The subject commenced trading as a
new business in 1988. |
|
History of
Principals |
There are
5 active directors within the company. |
|
Shareholders/Members/Partners
of subject and % holding |
LAND L INVESTMENTS-50%UDENI
COMPANY-24%ED FAXDENI-25%BJ LOAN FAN TRUST-1% |
|
Authorised
Share Capital |
R1000.00 |
|
Issued
Share Capital/Members Contribution |
R 1.00 |
|
Status |
In
Business |
|
Operations
Assessment |
Supplier
of Ground Nuts and Peanuts |
|
Industry/
Customers |
Retailers
and Wholsalers |
|
Export |
Export |
|
Major
Industry Code / SICC |
30492 |
|
Definition
of Code |
Manufacture
of nut foods |
|
Head
Office Physical Address |
55 Durham
StreetJOHANNESBURGGAUTENG2192 |
|
Head
Office Postal Address |
PO.Box
29312SANDTON2131 |
|
Current
Tel Number |
0114853887 |
|
Current
Fax Number |
0114853253 |
|
Current
Email Address |
Auditors Information
|
Company
Registered Name |
N M N
CHARTERED ACCOUNTANTS (SA) |
|
Registration
Number |
6106085211083 |
|
Physical
Address |
5th
AvenueLINDEN2195 |
|
Postal
Address |
P 0
BOX44140LINDEN2104 |
|
Contact
Person |
BARON
NAIDOO |
|
Contact
Number |
0117828879 |
|
Email |
|
|
Principals |
1 |
|
Subject
Verified as Client |
Yes |
|
Practice
Number |
948802-00 |
|
Tax Number |
1230165845 |
|
Financial
Year End |
February |
Previous Auditors
|
Company Name |
Phone Number |
Time with previous auditors |
Comment |
|
THERON AND ASSOCIATES |
Unavailable |
20 |
-- |
|
THERON NAIDOO |
Unavailable |
6 |
-- |
Tax Information
|
Vat Number |
4790126769 |
|
Status |
ACTIVE |
|
Vat Liable
Date |
1991/09/30 |
|
Tax Number |
9559379848 |
|
Financial
Year End |
February |
Black Economic Empowerment Information - No
Information on Record
ISO Information - No Information on Record
LTD%20-%20190071%2018-Aug-2012_files/image002.gif)
Workman's compensation
|
Registered |
Yes |
|
Compliance Certified |
Yes |
|
Comment |
|
Company Structure
Subsidiaries
Information - No Information on Record
|
Employees |
|
|
Number of
Employees |
60 |
|
1.
Salaried employees |
15 |
|
2. Waged
employees |
45 |
|
3.
Permanent employees |
60 |
|
Company
Fleet |
||||
|
Company
Fleet |
No of
vehicles: |
Ownerd/Leased |
Value |
Outstanding
Balance |
|
Fleet
Operations |
|
|
|
|
|
The Fleet
is made up of |
10 |
|||
|
Comment |
|
|||
|
Cars |
5 |
Owned |
R 400.00 |
|
|
Trucks |
5 |
Owned |
R 460.00 |
|
Offices
|
Offices |
Offices |
|
Head
Office Owned/ Rented |
Leased |
|
Rental
Company |
NAMMILNO |
|
Lease
Agreement |
4 Years |
|
Type of
Premises |
House with
business 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% |
LAND L INVESTMENT |
|
|
|
25% |
ED FAXDENI |
|
|
|
24% |
UDENI COMPANY |
|
|
|
1% |
BJ LOAN FAN TRUST |
|
|
Key Deals - No Information on Record
Trade References
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial
Bonds |
Comment |
|
1 |
TRIO TRADE |
0128039336 |
|
|
|
|
2 |
ADVANCE SEED |
0117625261 |
|
|
|
|
3 |
RJ SHIPPING |
0313323431 |
|
|
|
Trade
References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
11 Years |
|
R 5000000.00 |
7 Days |
R 3000000 |
7 Days |
Excellent |
|
2 |
15 Years |
R10000000.00 |
R 4700000.00 |
7 Days |
R1500000 |
7 Days |
Excellent |
|
3 |
20 Years |
R 600000.00 |
R 850000.00 |
30 Days |
R 500000 |
30 Days |
Good |
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 |
NEDBANK |
|
Branch |
INDUSTRIA |
|
Bank
Account Number |
1963273095 |
|
Type of
Account |
CURRENT |
|
Account
Name |
THE SNACK
FACTORY(PTY)LTD |
|
Bank Code |
C |
|
Bank
Comment |
The
subject's bankers consider them good for all business normal engagements |
Bank Code History - No
Information on Record
Previous Bank Account Information - No Information
on Record
Deeds Information
Property
Interests for CompanyTHE SNACK FACTORY (PTY)LTD
|
Title Deed
No. |
T32689/1999 |
Erf/Site
No. |
0 |
|
Deeds
Office |
CAPE TOWN |
Physical
Address |
LANGEBERG
RURAL |
|
Property
Type |
Farms |
Extent /
Size |
43.7810H |
|
Purchase
Date |
1999/02/25 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
LAND LANDBOUBANK VAN SUID-AFR |
|
Bond
Number |
B157821999 |
Bond
Amount |
|
Principals
|
Number of
Principals |
5 |
|
Average Age
of Active Principals |
61 |
Active Principals
Principal - 1of 5
BRIAN HAMILTON MORRIS
|
Surname |
MORRIS |
|
First Name |
BRIAN
HAMILTON |
|
ID Number |
531031 |
|
Verified
ID Number |
No |
|
Current
Age |
59 |
|
Designation |
AUDITOR |
|
Status |
Active |
|
Appointment
Date |
2006/02/01 |
|
Physical
Address (at time of Appointment) |
LES QUATRE
REGNES, ROUTE DC FRANCTIEF, ST BRELADE, JERSEY, 1000 |
|
Postal
Address |
CHARTER
PLACE, 23/27 SEATON PLACE, ST HELLER, JERSEY, JE1 3UG |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No
information on record
Business
Information forBRIAN HAMILTON MORRIS
Principal
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
UNITED VENTURES (PTY) LTD |
2003/010852/07 |
In Business |
9 Years 3 Months |
0 |
No |
|
|
THE SNACK
FACTORY (PTY)LTD |
M1988/003077/07 |
In Business |
24 Years 2 Months |
0 |
No |
|
|
AAAKHUTSWI
RIVER GAME FARMS (PTY) LTD |
M2000/007342/07 |
In Business |
12 Years 4 Months |
0 |
No |
|
|
DROVER INVESTMENTS (PTY) LTD |
M2005/001116/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age
of Previous Business
|
Company Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
|
|
|
|
|
|
|
Principal's Deeds Information - No
information on record
Principal - 2of 5
DARREN LOWENTHAL
|
Surname |
LOWENTHAL |
|
First Name |
DARREN |
|
ID Number |
6405135191182 |
|
Verified
ID Number |
Yes |
|
Current
Age |
48 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1993/04/27 |
|
Physical
Address (at time of Appointment) |
2
MORNINGSIDE VILLA, MORNINGSIDE, 2196 |
|
Postal
Address |
PO BOX 1760,
BRONKHORSTRSPRUIT, 1020 |
|
Current
Tel Number |
0139333105 |
|
Cell
number |
0832508481 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No
information on record
Business Information
forDARRENLOWENTHAL Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
TARLO
PROPERTIES (PTY) LTD |
2004/031492/07 |
In Business |
7 Years 10 Months |
0 |
No |
|
|
THE SNACK
FACTORY (PTY)LTD |
M1988/003077/07 |
In Business |
24 Years 2 Months |
0 |
No |
|
|
DROVER INVESTMENTS (PTY) LTD |
M2005/001116/07 |
In Business |
7 Years 7
Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business
|
Company Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
|
|
|
|
|
|
|
Principal's Deeds Information - No information on record
Principal - 3of 5
ERROL SACKSTEIN
|
Surname |
SACKSTEIN |
|
First Name |
ERROL |
|
ID Number |
4102285017093 |
|
Verified
ID Number |
Yes |
|
Current
Age |
71 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1991/02/18 |
|
Physical
Address (at time of Appointment) |
35A MURRAY
STREET, WAVERLEY, JOHANNESBURG, 2090 |
|
Postal
Address |
P 0 BOX
43231, INDUSTRIA, 2043 |
|
Current
Tel Number |
0118870143 |
|
Cell
number |
0829033900 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No
information on record
Business
Information forERROL SACKSTEIN Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
E SACKSTEIN INVESTMENTS (PTY) LTD |
1970/011328/07 |
In
Business |
42 Years |
0 |
No |
|
|
TAUCO PROPERTIES
CC |
1987/000727/23 |
In
Business |
25 Years 7
Months |
0 |
No |
|
|
VAAL
SEEDLINGS CC |
1987/011419/23 |
In
Business |
25 Years 3
Months |
0 |
No |
|
|
CYCAD
FINANCIAL HOLDINGS LTD |
1998/008637/06 |
In
Business |
14 Years 3
Months |
0 |
No |
|
|
SEVEN
ARROWS PROTECTION ALLIANCE CC |
2003/088372/23 |
Conversion
CO/CC or CC/CO |
8 Years 10
Months |
0 |
No |
|
|
LATIN AMERICA AFRICA TRADING (PTY)
LTD |
2004/026189/07 |
In
Business |
7 Years 11
Months |
0 |
No |
|
|
NIGHT BREEZE INVESTMENTS 102 CC |
2005/161031/23 |
In
Business |
6 Years 9
Months |
0 |
No |
|
|
KEW ACTION GROUP |
2006/039229/08 |
In
Business |
5 Years 8
Months |
0 |
No |
|
|
ERF 7145 PORT ALFRED CC |
2009/056799/23 |
In
Business |
3 Years 5
Months |
0 |
No |
|
|
LEGEND INVESTMENTS (PTY) LTD |
M1968/005907/07 |
In
Business |
44 Years 3
Months |
0 |
No |
|
|
MALMO
(PTY)LTD |
M1969/009469/07 |
In
Business |
43 Years 2
Months |
0 |
No |
|
|
B SCHREIBER INVESTMENTS (PTY) LTD |
M1980/005528/07 |
In
Business |
32 Years 2
Months |
0 |
No |
|
|
THE SNACK
FACTORY (PTY)LTD |
M1988/003077/07 |
In
Business |
24 Years 2
Months |
0 |
No |
|
|
R F G INVESTMENTS
SHARE BLOCK (PTY) LTD |
M1992/005313/07 |
In
Business |
19 Years
11 Months |
0 |
No |
|
|
PACOLET PROPERTIES SHARE BLOCK (PTY)LTD |
M1992/005782/07 |
In
Business |
19 Years
10 Months |
0 |
No |
|
|
ROLBEN SHARE BLOCK (PTY)LTD |
M1992/005783/07 |
In
Business |
19 Years
10 Months |
0 |
No |
|
|
NATIONAL FLAG (PTY) LTD |
M2001/023101/07 |
In
Business |
10 Years
11 Months |
0 |
No |
|
|
DROVER INVESTMENTS (PTY) LTD |
M2005/001116/07 |
In
Business |
7 Years 7
Months |
0 |
No |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Principal Previous Business Interests
Average Age of Previous
Business 34 Years
|
Company Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
CONSUMEX
LTD |
1944/018185/06 |
Deregistration Final |
67 Years 8
Months |
0 |
No |
|
|
NEWTON AND TAYLOR (PTY) LTD |
1948/029567/07 |
Voluntary
Liquidation |
64 Years 3
Months |
0 |
Yes |
|
|
CAWOOD
SALT WORKS (PTY) LTD |
1952/002280/07 |
In
Business |
60 Years |
0 |
No |
|
|
BUFFALO ESTATES (PTY) LTD |
1953/001709/07 |
Deregistration Final |
58 Years 11 Months |
0 |
No |
|
|
BIC 2003 (PTY)LTD |
1959/003433/07 |
Deregistration Final |
52 Years 11 Months |
0 |
No |
|
|
SALT
REFINERS AND PACKERS(PTY) LTD |
1965/007755/07 |
In
Business |
46 Years 11 Months |
0 |
No |
|
|
UPINGTON SOUTMYN (PTY) LTD |
1967/013233/07 |
Deregistration Final |
44 Years 8
Months |
0 |
No |
|
|
THERMOTROPIC
(PTY) LTD |
1969/015496/07 |
Deregistration Final |
42 Years 10 Months |
0 |
No |
|
|
THERMETTE
(PTY)LTD |
1971/006372/07 |
Deregistration Final |
41 Years 2
Months |
0 |
No |
|
|
STYROMOULD
PLASTICS (PTY)LTD |
1971/010720/07 |
Deregistration Final |
40 Years 11 Months |
0 |
No |
|
|
SOLAR SALT
PROCESSORS (PTY) LTD |
1980/001324/07 |
In
Business |
32 Years 6
Months |
0 |
No |
|
|
POLO RESTAURANTS (PTY) LTD |
1983/003882/07 |
Deregistration Final |
29 Years 4
Months |
0 |
No |
|
|
BIC (SOUTH AFRICA) (PTY) LTD |
1985/003576/07 |
In
Business |
27 Years |
0 |
No |
|
|
TIPP-EX
SOUTH AFRICA (PTY)LTD |
1990/005518/07 |
Dissolved |
21 Years 11 Months |
0 |
No |
|
|
BIC DRAWING AND WRITING INSTRUMENTS
(PTY) LTD |
1993/004878/07 |
Voluntary
Liquidation |
19 Years |
0 |
Yes |
|
|
SAVOY
WAVERLEY ACTIVE PROTECTION |
2006/036496/08 |
In
Business |
5 Years 9
Months |
0 |
No |
|
|
SAVOY WAVERLEY RESIDENTIAL ASSOCIATION |
2007/013533/08 |
In
Business |
5 Years 3
Months |
0 |
No |
|
|
7ARROWS
SECURITY (PTY) LTD |
2009/004183/07 |
In
Business |
3 Years 5
Months |
0 |
No |
|
|
BIC HOLDINGS SOUTHERN AFRICA (PTY)
LTD |
M1958/003726/07 |
In
Business |
53 Years 9
Months |
0 |
No |
|
|
INDUSTRIAL SALT (PTY) LTD |
M1989/000373/07 |
In
Business |
23 Years 7
Months |
0 |
No |
|
|
STUDENTS IN FREE ENTERPRISE SOUTH
AFRICA |
M2002/004683/08 |
In
Business |
10 Years 6
Months |
0 |
No |
|
|
PROJECTS TO CREATE JOBS |
M2002/018026/08 |
In
Business |
10 Years 1
Months |
0 |
No |
|
Principal's Deeds Information - No information on record
Principal -
4of 5 BERNARD LOWENTHAL
|
Surname |
LOWENTHAL |
|
First Name |
BERNARD |
|
ID Number |
3411275065007 |
|
Verified
ID Number |
Yes |
|
Current
Age |
78 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1991/02/18 |
|
Physical
Address (at time of Appointment) |
2 ANDALYN
105 EAST ROAD, ATHOLL, SANDTON, 2196 |
|
Postal
Address |
P O BOX 9,
BOKSBURG, 1459 |
|
Current
Tel Number |
0113062000 |
|
Cell
number |
0836540105 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No information on record
Business
Information forBERNARD LOWENTHAL Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
AQUINAS
INVESTMENTS (PTY) LTD |
1959/004673/07 |
In Business |
52 Years 8
Months |
0 |
No |
|
|
BBW MOTORS
(PTY) LTD |
1966/002207/07 |
In Business |
46 Years 5
Months |
0 |
No |
|
|
CONSOLIDATED
AUTO (PTY)LTD |
1970/005364/07 |
In Business |
42 Years 4
Months |
0 |
No |
|
|
CONSORTIUM
INVESTMENTS (PTY) LTD |
1986/005116/07 |
In Business |
25 Years 8
Months |
0 |
No |
|
|
ECM PROPS (PTY) LTD |
1996/000253/07 |
In Business |
16 Years 7
Months |
0 |
No |
|
|
EASTERN CAPE MOTOR HOLDINGS (PTY)
LTD |
1996/000920/07 |
In Business |
16 Years 7
Months |
0 |
No |
|
|
COMBOTRADE
EIGHT (PTY)LTD |
1997/000702/07 |
In Business |
15 Years 7
Months |
0 |
No |
|
|
CARS4LESS
(PTY) LTD |
2003/005330/07 |
In Business |
9 Years 5
Months |
0 |
No |
|
|
TARLO
PROPERTIES (PTY) LTD |
2004/031492/07 |
In Business |
7 Years 10
Months |
0 |
No |
|
|
MALMO
(PTY)LTD |
M1969/009469/07 |
In Business |
43 Years 2
Months |
0 |
No |
|
|
EASTERN CAPE MOTORS (PTY)LTD |
M1984/011119/07 |
In Business |
27 Years 8
Months |
2 |
No |
|
|
THE SNACK
FACTORY (PTY)LTD |
M1988/003077/07 |
In Business |
24 Years 2
Months |
0 |
No |
|
|
CONSORTIUM
MOTORS (PTY)LTD |
M1988/004080/07 |
In Business |
24 Years 1
Months |
0 |
No |
|
|
LAND L INVESTMENTS (PTY) LTD |
M1990/005443/07 |
In Business |
21 Years
11 Months |
0 |
No |
|
|
NEWTON SERVICE STATION (PTY)LTD |
M1996/007348/07 |
In Business |
16 Years 2
Months |
0 |
No |
|
|
BOBBY LOWENTHAL INVESTMENT COMPANY
(PTY) LTD |
M1996/010705/07 |
In Business |
16 Years |
0 |
No |
|
|
F AND 1 CHANGING TIDES (PTY)LTD |
M2003/022658/07 |
In Business |
8 Years 11
Months |
0 |
No |
|
|
DROVER INVESTMENTS (PTY) LTD |
M2005/001116/07 |
In Business |
7 Years 7
Months |
0 |
No |
|
|
CVI IMPORTERS (PTY) LTD |
M2007/020551107 |
In Business |
5 Years 1
Months |
0 |
No |
|
|
CU VEHICLE RENTAL (PTY)LTD |
M2007/026544/07 |
In Business |
4 Years 11
Months |
0 |
No |
|
|
QUALITY DIRECT (PTY) LTD |
M2008/010131/07 |
In Business |
4 Years 4
Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous
Business 46 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
DATNIS PORT ELIZABETH (PTY)LTD |
1965/009941/07 |
Deregistration Final |
46 Years 9 Months |
0 |
No |
|
Principal's Deeds Information - No information on record
Principal -
5of 5 CRAIG LOWENTHAL
|
Surname |
LOWENTHAL |
|
First Name |
CRAIG |
|
ID Number |
6104125249106 |
|
Verified
ID Number |
Yes |
|
Current
Age |
51 |
|
Designation |
Both
Director and Office |
|
Status |
Active |
|
Appointment
Date |
1991/02/18 |
|
Physical
Address (at time of Appointment) |
60 6TH
STREET, HOUGHTON, 2198 |
|
Postal
Address |
60 6TH
STREET, HOUGHTON, 2198 |
|
Current
Tel Number |
0114853887 |
|
Cell
number |
|
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No information on record
Business Information forCRAIG LOWENTHAL Principal Current Business
Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
TWENTY-THREE
GRENVILLE AVENUE CC |
1988/026909/23 |
Conversion
CO/CC or CC/CO |
23 Years
11 Months |
0 |
No |
|
|
LATIN AMERICA AFRICA TRADING (PTY)
LTD |
2004/026189/07 |
In
Business |
7 Years 11
Months |
0 |
No |
|
|
MALMO
(PTY)LTD |
M1969/009469/07 |
In
Business |
43 Years 2
Months |
0 |
No |
|
|
THE SNACK
FACTORY (PTY)LTD |
M1988/003077/07 |
In
Business |
24 Years 2
Months |
0 |
No |
|
|
LAND L INVESTMENTS (PTY) LTD |
M1990/005443/07 |
In
Business |
21 Years
11 Months |
0 |
No |
|
|
PETALCORE INVESTMENTS (PTY) LTD |
M2002/006638/07 |
In
Business |
10 Years 5
Months |
0 |
No |
|
|
DROVER INVESTMENTS (PTY) LTD |
M2005/001116/07 |
In
Business |
7 Years 7
Months |
0 |
No |
|
Principal Previous Business Interests
Average
Age of Previous Business
|
Company Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
|
|
|
|
|
|
|
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.87.54 |
|
Euro |
1 |
Rs.68.85 |
INFORMATION DETAILS
|
Report
Prepared by : |
NLM |
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.