MIRA INFORM REPORT

 

 

Report Date :

04.12.2012

 

 

 

Tel. No.:

031 452-1300 / 031 452 9240

 

IDENTIFICATION DETAILS

 

Name :

AFRIPACK CONSUMER FLEXIBLES (PTY)LTD

 

 

Registered Office :

75 Richard Carte Road, Mobeni, 4052

 

 

Country :

South Africa

 

 

Date of Incorporation :

08.07.2008

 

 

Com. Reg. No.:

M2008/016495/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Manufacturer of flexible packaging

 

 

No. of Employees :

550 employees

 

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 – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

South Africa

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

South Africa - ECONOMIC OVERVIEW

 

south Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors; a stock exchange that is the 18th largest in the world; and modern infrastructure supporting a relatively efficient distribution of goods to major urban centers throughout the region. Growth was robust from 2004 to 2007 as South Africa reaped the benefits of macroeconomic stability and a global commodities boom but began to slow in the second half of 2007 due to an electricity crisis and the subsequent global financial crisis' impact on commodity prices and demand. GDP fell nearly 2% in 2009 but recovered in 2010-11. Unemployment remains high and outdated infrastructure has constrained growth. State power supplier Eskom encountered problems with aging plants and meeting electricity demand necessitating "load-shedding" cuts in 2007 and 2008 to residents and businesses in the major cities. Daunting economic problems remain from the apartheid era - especially poverty, lack of economic empowerment among the disadvantaged groups, and a shortage of public transportation. South Africa''s economic policy is fiscally conservative focusing on controlling inflation and attaining a budget surplus. The current government largely follows these prudent policies but must contend with the impact of the global crisis and is facing growing pressure from special interest groups to use state-owned enterprises to deliver basic services to low-income areas and to increase job growth.

 

Source : CIA

 

 

 


Subject Name

AFRIPACK CONSUMER FLEXIBLES (PTY)LTD

Country

South Africa

Subject Contact Person

HARESHNIE

Assessment

On investigation contact was made the Financial Manager HARESHNIE who has updated and provided further details below.

 

This a large well established company.

 

The subject has undergone change style over the years and operations originated many years ago.

 

Banking information as well as financials for the company was declined as this information is considered to be confidential.

 

The subject is meeting commitments timeously with it's suppliers.

 

Please see the information obtained below.

 

 

Company information

 

Registered Name

AFRIPACK CONSUMER FLEXIBLES (PTY)LTD

Date of Name Change

Mar 24 2009 12:00AM

Registration Number

M2008/016495/07

Registration Date

2008/07/08

Age of Business

4 Years 4 Months

History of Business

Division Name : -AFRIPACK CONSUMER, FLEXIBLES CAPE, -AFRIPACK CONSUMER, FLEXIBLES KZN, -REPRO, -DLC. The subject was formed from assets that were formerly in the company in the ASTRAPAK GROUP.

History of Principals

None

Shareholders/Members/Partners of subject and % holding

80%-  AFRIPACK  (PTY) LTD, 15 % - GREENASH INVESTMENTS (PTY) LTD, 5 % - AMPACK INVESTMENTS

Authorised Share Capital

R1000.00

Issued Share Capital/Members Contribution

R1000.00

Status

In Business

Operations Assessment

Manufacture of flexible packaging

Industry/ Customers

Various

Export

Yes

Export Countries

Botswana

Major Industry Code / SICC

88950

Definition of Code

Packaging activities

Head Office Physical Address

75 RICHARD CARTE ROAD, MOBENI, 4052

Head Office Postal Address

P O Box 12242, JACOBS,4026.

Current Tel Number

0314521300

Cell Number

None

Current Fax Number

0314521318

Current Email Address

fagenbach@afripack.coza 

Web Site Address

www.afripak.co.za

Comments

The postal address : P O Box number of 286, PAARL, 7620 belongs to the Cape Town Branch - 021 860 1700

 

 

Auditor information

 

Company Registered Name

DELOIITE &TOUCHE

Physical Address

2 Pencarrow Crescent, Pencarrow Office Park, La Lucia Ridge Office Estate, LA LUCIA, 4051

Postal Address

PO Box 243, DURBAN, 4000

Contact Person

ERIN SAMSON

Contact Number

0849101408 / 0315607000

Judgements Against Subject

None

Judgements Against Principals

None

Subject Verified as Client

Yes

Practice Number

IRBA 902276

VAT Number

Unavailable

Tax Number

Unavailable

BEE Status

Level 2

Financial Year End

February

No of years in Business

3

Website

www.deloitte.com

Previous Auditors

Company Name

Phone Number

Time with previous auditors

Comment

EQUFIN INCORPORATED

 

Unknown

 

 

 

Tax information

 

Vat Number

4700253281

Status

ACTIVE

Vat Liable Date

2012/11/30

Tax Number

9606069160

Tax Clearance Expire Date

2013/02/28

Financial Year End

September

 


 

Black Economic Empowerment

Status

Yes

Score

4.00

BEE Certificate Available

Yes

ISO Status

Type of ISO Grade

 

ISO Certificate

Yes

Workman's compensation

Registered

Yes

Compliance Certified

Yes

 

 

Company Structure

 

Subsidiaries

Subsidiary Company

STANDARD LABELS (MAURITIUS)

Shareholding

100% AFRIPACK CONSUMER FLEXIBLES (PTY) LTD

 

Employees

Number of Employees

550

1. Salaried employees

500

2. Waged employees

50

Company Fleet

Company Fleet

No of vehicles:

Owned/Leased

Value

Outstanding Balance

Fleet Operations

 

 

 

 

The Fleet is made up of

9

Comment

 

Light delivery Vehicles

9

Owned

R 950000.00

R0.00

 

 

Offices

 

Offices

Offices

Head Office Owned/ Rented

Owned

Owned by

AFRIPACK (PTY) LTD

Branch Information

Branches Names

Country

Province

CAPE TOWN

 

 

DURBAN

South Africa

 

Branch Detail Information

Branches Owned/ Rented

Leased

Type of Premises

OFFICES

Comment

Mostly rented, Cape Town owned by AFRIPACK CONSUMER FLEXIBLES (PTY) LTD

 

Branches Owned/ Rented

Leased

Type of Premises

OFFICES

 

 

Management Overview

 

Organisation Chart

Level

Position

Name

Comment

 

1

DIRECTOR

PANIC RAMPA RAMMOPO

 

 

1

DIRECTOR

ARNOLD VERMAAK

 

 

1

DIRECTOR

AAARK FLOYD

 

 

1

DIRECTOR

JAMES HYND

 

 

Company Structure (Ownership)

 

Note: One level up and all levels down

 

Holding

Company

Sub

Comment

80% AFRIPACK (PTY) LTD

AFRIPACK CONSUMER FLEXIBLES (PTY) LTD

 

 

15% GREEN ASH INVESTMENTS (PTY) LTD

AFRIPACK CONSUMER FLEXIBLES (PTY) LTD

 

 

5% AMPACK INVESTMENTS

AFRIPACK CONSUMER FLEXIBLES (PTY) LTD

 

 

 

 

Key Deals - No Information on Record

 

 

Trade References

 

Trade Reference nr

Supplier

Contact

Surety Value

Notarial Bonds

Comment

1

PALKOM

0186321711

 

 

 

2

STALIAN PRINTNG AND PACKAGING

0317057585

 

 

 

 

Trade References Detail

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

4 YEARS

R1500000.00

R 900000

30 DAYS

R 600000

30 DAYS

VERY GOOD

2

6 YEARS

R 2000000.00

R1500000

30 DAYS

R1500000

30 DAYS

VERY GOOD

 

 

Adverse Information on Subject

 

Judgements - No information on record

Business rescue – no information on record

Default Listing - No information on record

Notarial Bonds - No information on record

 

 

Bank information

 

Bank

NEDBANK

Branch

DURBAN BUSINESS BRANCH

Brach Code

198765

Bank Account Number

DEEMED CONFIDENTIAL

Type of Account

CURRENT

Account Name

AFRIPAK CONSUMER FLEXIBLES (PTY) LTD

Overdraft Facilities

YES

 

Bank Code History - No Information on Record

Previous Bank Account Information - No Information on Record

 

 

Deeds Information

 

Property Interests for Company AFRIPACK CONSUMER FLEXIBLES (PTY)LTD

Title Deed No.

T8350/2010

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

Freehold / Ervin

Extent / Size

5383.0SQM

Purchase Date

2009/04/06

Purchase price

 

% Ownership

0.00

Bond Holder

NEDBANK LTD

Bond Number

B51602010

Bond Amount

 

Comment

 

 

Title Deed No.

T52012/2009

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

Freehold / Ervin

Extent / Size

6142.0SQM

Purchase Date

2009/04/06

Purchase price

 

% Ownership

0.00

Bond Holder

NEDBANK LTD

Bond Number

B281432009

Bond Amount

 

 


Principals

Number of Principals

7

Average Age of Active Principals

50

 

Active Principals Principal - 1of 7

 

PETER ESTERHUY ESTERHUYSEN    MRS R LEES

Surname

ESTERHUYSEN    MRS R LEES

First Name

PETER ESTERHUY

ID Number

5605285149002

Verified ID Number

Yes

Current Age

56

Designation

DIRECTOR

Status

Active

Appointment Date

2011/06/21

Physical Address (at time of Appointment)

25 COLLINS STREET, WINDSOR GLEN, RANDBURG, 2194

Postal Address

PO BOX 787416, SANDTON, GAUTENG, 2146

Current Tel Number

0114624270

Cell number

0835774954

Shareholding/Membership

0.0000

 

Principals adverse – No information on record

 

Business Information for PETER ESTERHUY ESTERHUYSEN MRS R LEES

 

Principal Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AFRIPACK HOLDINGS (PTY) LTD

K2012/176572/07

In Business

0

0

No

 

AFRIPACK (PTY) LTD

M1933/004294/07

In Business

79 Years 7 Months

0

No

 

PPC CEMENT (PTY) LTD

M1949/034534/07

In Business

63 Years 3 Months

0

No

 

VARSRIVIER MARMER (PTY)LTD

M1965/007336/07

In Business

47 Years 11 Months

0

No

 

SLURRYLINK LEASING (PTY)LTD

M1992/007142/07

In Business

20 Years 8 Months

0

No

 

PROPERTY-CATS (PTY) LTD

M1997/002794/07

In Business

15 Years 3 Months

0

No

 

AFRIPACK CONSUMER FLEXIBLES (PTY) LTD

M2008/016495/07

In Business

4 Years 4 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                                   26 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PPC AGGREGATE QUARRIES (PTY)LTD

M1969/009568/07

In Business

43 Years 7 Months

0

No

 

AKZO NOBEL POWDER COATINGS SOUTH AFRICA (PTY)LTD

M1970/000500/07

In Business

42 Years 6 Months

0

No

 

SUB TWENTY-SIX HAZELMERE (PTY)LTD

M1970/010493/07

Dissolved

42 Years 6 Months

0

No

 

GANSVLEY PROPERTIES LTD

M1972/004003/06

Deregistration Final

40 Years 4 Months

0

No

 

FLEXOSACK (PTY)LTD

M1973/007027/07

In Business

39 Years 3 Months

0

No

 

HOME NEEDS (PTY) LTD

M1973/016524/07

Deregistration Final

39 Years 3 Months

0

No

 

ASH RESOURCES (PTY) LTD

M1975/000746/07

In Business

37 Years 1 Months

0

No

 

PLASCON-EVANS PAINTS (TRANSKEI) (PTY) LTD

M1977/060092/07

Deregistration Final

35 Years 11 Months

0

No

 

PLASTIQUIP (PTY)LTD

M1982/005231/07

Deregistration Final

30 Years 6 Months

0

No

 

 

LIQUITRONICS (PTY) LTD

M1982/009021/07

Deregistration Final

30 Years 6 Months

0

No

 

SUPERTRAP HOLDINGS AND INVESTMENTS (PTY) LTD

M1983/002549/07

Deregistration Final

29 Years 5 Months

0

No

 

MEWA

MANUFACTURING COMPANY (1989) (PTY) LTD

M1986/002027/07

Dissolved

26 Years 2 Months

0

No

 

SUPREME CASTOR (PTY) LTD

M1987/000302/07

Deregistration Final

25 Years 1 Months

0

No

 

REDUC INDUSTRIES LTD

M1987/000962/06

Deregistration Final

25 Years 1 Months

0

No

 

SUPREME INDUSTRIAL HOLDINGS LTD

M1987/003373/06

Deregistration Final

25 Years 1 Months

0

No

 

MEWA (TVL) (PTY)LTD

M1988/000510/07

Deregistration Final

 

0

No

 

PPC MARKETING (PTY) LTD

M1989/001036/07

Deregistration Final

23 Years 11 Months

0

No

 

INTERNATIONAL COLOUR CORPORATION (PTY) LTD

M1991/002191/07

In Business

21 Years 9 Months

0

No

 

RTA LEASING (PTY) LTD

M1993/007810/07

Voluntary Liquidation

19 Years 7 Months

0

Yes

 

DARTPROPS14 (PTY) LTD

M1995/007721/07

Deregistration Final

17 Years 5 Months

0

No

 

RTA FINANCE (PTY) LTD

M1995/010432/07

Voluntary Liquidation

17 Years 5 Months

0

Yes

 

PPC SALDANHA (PTY) LTD

M1996/010720/07

Dissolved

16 Years 4 Months

0

No

 

PPC SLAG (PTY)LTD

M1997/017992/07

Dissolved

15 Years 3 Months

0

No

 

LONGRIDGE COLOURANT (PTY)LTD

M1998/007068/07

Deregistration Final

14 Years 2 Months

0

No

 

NOZALA PACKAGING HOLDINGS (PTY)LTD

M2003/026003/07

In Business

9 Years 9 Months

0

No

 

Principal's Deeds Information - No information on record

 

Principal - 2of 7 SALUKAZI HLONGWANE

 

Surname

HLONGWANE

First Name

SALUKAZI

ID Number

5008120768088

Verified ID Number

Yes

Current Age

62

Designation

DIRECTOR

Status

Active

Appointment Date

2011/06/21

Physical Address (at time of Appointment)

1407 COLLINGHAM CLOSE, DAINFERN, SANDTON, 2146

Postal Address

P O BOX 98413, BRYANSTON, 2021

Current Tel Number

0114635588

Cell number

0832667049

Shareholding/Membership

0.0000

 

Principals adverse – No information on record

 

Business Information for SALUKAZI HLONGWANE

 

Principal Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ERF 1407 DAINFERN PROPERTIES CC

B1999/002345/23

In Business

13 Years 1 Months

0

No

 

AFRIPACK (PTY) LTD

M1933/004294/07

In Business

79 Years 7 Months

0

No

 

NRC CHAMBERLAIN (PTY) LTD

M1997/012229/07

In Business

15 Years 3 Months

0

No

 

KYOCERA MITA SOUTH AFRICA (PTY) LTD

M1997/016249/07

In Business

15 Years 3 Months

0

No

 

HITEC RUBBER (PTY) LTD

M1999/016489/07

In Business

13 Years 1 Months

0

No

 

EXXARO

RESOURCES LTD

M2000/011076/06

In Business

0

0

No

 

WOODLANDS DAIRY LOGISTICS (PTY) LTD

M2001/001957/07

In Business

11 Years 11 Months

0

No

 

NOZALA RESOURCES (PTY) LTD

M2001/011849/07

In Business

11 Years 11 Months

0

No

 

NOZALA CAPITAL MANAGEMENT (PTY) LTD

M2001/014256/07

In Business

11 Years 11 Months

0

No

 

NEWMILLEN 122 INVESTMENTS (PTY) LTD

M2001/028063/07

In Business

11 Years 11 Months

0

No

 

NOZWENI (PTY)LTD

M2002/005343/07

In Business

10 Years 10 Months

0

No

 

NEXUS CONNEXION (SA) (PTY)LTD

M2002/006172/07

In Business

10 Years 10 Months

0

No

 

NOZALA PACKAGING HOLDINGS (PTY) LTD

M2003/026003/07

In Business

9 Years 9 Months

0

No

 

NOZALA COAL (PTY) LTD

M2004/012963/07

In Business

8 Years 8 Months

0

No

 

GEA NILENCA (PTY) LTD

M2004/013359/07

In Business

8 Years 8 Months

0

No

 

NOZALA MINING SERVICES (PTY)LTD

M2004/016527/07

In Business

8 Years 8 Months

0

No

 

NOZALA DIAMONDS (PTY) LTD

M2004/024645/07

In Business

8 Years 8 Months

0

No

 

NOZALA MCC (PTY) LTD

M2004/035093/07

In Business

8 Years 8 Months

0

No

 

GIDANI (PTY)LTD

M2005/007741107

In Business

7 Years 7 Months

0

No

 

NEWSHELF 782 (PTY) LTD

M2005/013067/07

In Business

7 Years 7 Months

0

No

 

NOZALUTHANDO INVESTMENT HOLDINGS (PTY) LTD

M2005/020975/07

In Business

7 Years 7 Months

0

No

 

MAIN STREET 333 (PTY) LTD

M2005/025692/07

In Business

7 Years 7 Months

0

No

 

MORNING TIDE INVESTMENTS 168 (PTY) LTD

M2005/030141/07

In Business

7 Years 7 Months

0

No

 

QUICK LEAP INVESTMENTS 483 (PTY) LTD

M2005/030332/07

In Business

7 Years 7 Months

0

No

 

DREAM WORLD INVESTMENTS 481 (PTY) LTD

M2005/037931/07

In Business

7 Years 7 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

THEMBEKA MINING HOLDINGS (PTY)LTD

2004/016530/07

In Business

8 Years 8 Months

0

No

 

INTERACTIVE TUTOR CC

B1996/011197/23

Conversion CO/CC orCC/CO

16 Years 4 Months

0

No

 

SYNERGY PORT OPERATIONS (PTY)LTD

K2011/131265/07

In Business

1 Years 1 Months

0

No

 

AVUSA PUBLISHING LTD

M1939/012393/06

In Business

73 Years 1 Months

0

No

 

MEDICLINIC INTERNATIONAL LIMITED LTD

M1983/010725/06

In Business

29 Years 5 Months

0

No

 

ELECTRONIC MEDIA NETWORK LTD

M1985/002853/06

In Business

27 Years 3 Months

0

No

 

TSOGO INVESTMENT HOLDING COMPANY (PTY) LTD

M1994/008525/07

In Business

18 Years 6 Months

0

No

 

TSOGO SUN CASINOS (PTY) LTD

M1995/012674/07

In Business

17 Years 5 Months

1

No

 

NOZALA-JNC (PTY) LTD

M1996/007596/07

Deregistration Final

16 Years 4 Months

0

No

 

TANGNEY INVESTMENTS (PTY) LTD

M1996/008465/07

In Business

16 Years 4 Months

0

No

 

ACCURATE TRADING 5 (PTY) LTD

M1997/010696/07

Deregistration Final

15 Years 3 Months

0

No

 

ACCURATE TRADING 6 (PTY) LTD

M1997/010741/07

Deregistration Final

15 Years 3 Months

0

No

 

ETHICS INSTITUTE OF SOUTH AFRICA

M1999/020697/08

In Business

13 Years 1 Months

0

No

 

BLOOD SWEAT TEARS AND JOY OUTSOURCING (PTY) LTD

M1999/028018/07

Deregistration Final

13 Years 1 Months

0

No

 

FEDICS STRATEGIC INVESTMENTS (PTY) LTD

M1999/028127/07

Voluntary Liquidation

13 Years 1 Months

0

Yes

 

DRUMMONDSIDE INVESTMENTS (PTY) LTD

M2001/011858/07

Deregistration Final

11 Years 11 Months

0

No

 

VUYA FOUNDATION

M2001/028759/08

In Business

11 Years 11 Months

0

No

 

TSOGO SUN GAMING (PTY) LTD

M2002/006402/07

In Business

10 Years 10 Months

0

No

 

TSHWANE PRIVATE HOSPITALS (PTY)LTD

M2002/012543/07

Deregistration Process

10 Years 10 Months

0

No

 

NOZALA CONNEXION (PTY) LTD

M2002/029199/07

In Business

10 Years 10 Months

0

No

 

UMTHUNZI TELECOMS CONSORTIUM (PTY) LTD

M2003/018816/07

Deregistration Final

9 Years 9 Months

0

No

 

PRECRETE HOLDINGS (PTY) LTD

M2004/016915/07

In Business

8 Years 8 Months

0

No

 

NOZALA FRUIT TERMINAL SERVICES (PTY) LTD

M2005/006461/07

Deregistration Final

7 Years 7 Months

0

No

 

SPECIAL OLYMPICS SOUTH AFRICA

M2005/017529/08

In Business

7 Years 7 Months

0

No

 

WHEATFIELDS INVESTMENTS NO 216 (PTY) LTD

M2005/030637/07

In Business

7 Years 7 Months

0

No

 

Principal's Deeds Information - No information on record

 

Principal - 3of 7  

 

Panic Rampa RAMMOPO

 

Surname

RAMMOPO

First Name

Panic Rampa

ID Number

6801245797084

Verified ID Number

Yes

Current Age

44

Designation

DIRECTOR

Status

Active

Appointment Date

2009/07/01

Physical Address (at time of Appointment)

STAND 223, 43 GOSFORTH CRESCENT, KYALAMI ESTATES, GAUTENG, 1684

Postal Address

PO BOX 48987, HERCULES, 0030

Current Tel Number

0114035588

Cell number

0836692578

Shareholding/Membership

0.0000

 

Principals adverse – No information on record

 

Business Information for Panic Rampa RAMMOPO

 

Principal Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ERF 223 KYALAMI CC

B1996/027233/23

In Business

16 Years 4 Months

0

No

 

AFRIPACK HOLDINGS (PTY) LTD

K2012/176572/07

In Business

0

0

No

 

AFRIPACK (PTY) LTD

M1933/004294/07

In Business

79 Years 7 Months

0

No

 

AEROMARITIME INTERNATIONAL MANAGEMENT SERVICES (PTY)LTD

M1978/001788/07

In Business

34 Years 10 Months

0

No

 

WOODLANDS DAIRY (PTY) LTD

M1988/002068/07

In Business

0

0

No

 

SYNERGY WORLDWIDE LOGISTICS (PTY) LTD

M1996/002406/07

In Business

16 Years 4 Months

0

No

 

NOZALA INVESTMENTS (PTY) LTD

M1996/004733/07

In Business

16 Years 4 Months

0

No

 

NOZALA RESOURCES (PTY) LTD

M2001/011849/07

In Business

11 Years 11 Months

0

No

 

NOZALA PACKAGING HOLDINGS (PTY) LTD

M2003/026003/07

In Business

9 Years 9 Months

0

No

 

NOZALA COAL (PTY) LTD

M2004/012963/07

In Business

8 Years 8 Months

0

No

 

NOZALA MINING SERVICES (PTY)LTD

M2004/016527/07

In Business

8 Years 8 Months

0

No

 

NOZALA DIAMONDS (PTY) LTD

M2004/024645/07

In Business

8 Years 8 Months

0

No

 

NOZALA MCC (PTY) LTD

M2004/035093/07

In Business

8 Years 8 Months

0

No

 

NEWSHELF 782 (PTY) LTD

M2005/013067/07

In Business

7 Years 7 Months

0

No

 

WHEATFIELDS INVESTMENTS NO 216 (PTY)LTD

M2005/030637/07

In Business

7 Years 7 Months

0

No

 

KUTTING MPUMULANGA (PTY) LTD

M2007/006900/07

In Business

5 Years 5 Months

0

No

 

TRANSCEND CORPORATE ADVISORS (PTY) LTD

M2008/002096/07

In Business

4 Years 4 Months

0

No

 

MOODY BLUE TRADE AND INVEST 157 (PTY)LTD

M2008/006630/07

In Business

4 Years 4 Months

0

No

 

VIA RAIL LEASING (PTY) LTD

M2008/006763/07

In Business

4 Years 4 Months

0

No

 

AFRIPACK CONSUMER FLEXIBLES (PTY) LTD

M2008/016495/07

In Business

4 Years 4 Months

0

No

 

MASAKHANE BROAD BASED

INVESTMENTS (PTY) LTD

M2008/025801/07

In Business

4 Years 4 Months

0

No

 

REJEM-NOZALA (PTY) LTD

M2009/010660/07

In Business

3 Years 3 Months

0

No

 

NULANE

INVESTMENTS 244 (PTY) LTD

M2009/018353/07

In Business

3 Years 3 Months

0

No

 

NOZALA HEALTH PARTNERS (PTY) LTD

M2011/004861/07

In Business

1 Years 1 Months

0

No

 

ACAPULCO TRADE AND INVEST 164 (PTY) LTD

M2011/005873/07

In Business

1 Years 1 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

THEMBEKA MINING HOLDINGS (PTY)LTD

2004/016530/07

In Business

8 Years 8 Months

0

No

 

THABI INVESTMENTS CC

B2001/032011/23

Deregistration Final

11 Years 11 Months

0

No

 

SYNERGY PORT OPERATIONS (PTY)LTD

K2011/131265/07

In Business

1 Years 1 Months

0

No

 

INDUSTRIAL AND APPAREL FASTENERS OF SOUTH AFRICA (PTY) LTD

M1986/001422/07

In Business

26 Years 2 Months

0

No

 

TSEBO HOLDINGS AND OPERATIONS (PTY)LTD

M1996/008862/07

In Business

16 Years 4 Months

1

No

 

BYE BYE PROTECTION SERVICES (PTY)LTD

M1996/009044/07

Voluntary Liquidation

16 Years 4 Months

0

Yes

 

 

KENSANI CONSORTIUM (PTY) LTD

M1996/016629/07

In Business

16 Years 4 Months

0

No

 

LESEDING INVESTMENTS (PTY) LTD

M1997/001380/07

Deregistration Final

15 Years 3 Months

0

No

 

SCHRADER SOUTH AFRICA (PTY)LTD

M1997/003949/07

In Business

15 Years 3 Months

0

No

 

HIGHLAND HOUSE SA (PTY) LTD

M1998/003351/07

Deregistration Final

14 Years 2 Months

0

No

 

HIGHLAND PRINT SA (PTY) LTD

M1998/003352/07

Deregistration Final

14 Years 2 Months

0

No

 

HIGHLAND PRINT HOLDINGS (PTY)LTD

M1998/007411/07

Dissolved

14 Years 2 Months

2

No

 

NOZFEDINVESTMENTS (PTY) LTD

M1998/017947/07

Deregistration Final

14 Years 2 Months

0

No

 

NOZALA TELECOMS (PTY) LTD

M1999/008537/07

Deregistration Final

13 Years 1 Months

0

No

 

FPT PORT LEASING (PTY) LTD

M1999/013086/07

In Business

13 Years 1 Months

0

No

 

BLOOD SWEAT TEARS AND JOY OUTSOURCING (PTY) LTD

M1999/028018/07

Deregistration Final

13 Years 1 Months

0

No

 

FEDICS STRATEGIC INVESTMENTS (PTY) LTD

M1999/028127/07

Voluntary Liquidation

13 Years 1 Months

0

Yes

 

FEDERAL FORENSIC SERVICES (PTY)LTD

M2000/022867/07

Deregistration Final

 

0

No

 

ETLEIMU PROTECTION SERVICES (PTY)LTD

M2000/030323/07

Deregistration Final

 

0

No

 

OMNI PACT SA INVESTMENTS 76 (PTY) LTD

M2001/025228/07

In Business

11 Years 11 Months

0

No

 

NOZWENI (PTY)LTD

M2002/005343/07

In Business

10 Years 10 Months

0

No

 

NOZALA CONNEXION (PTY) LTD

M2002/029199/07

In Business

10 Years 10 Months

0

No

 

PRECRETE HOLDINGS (PTY) LTD

M2004/016915/07

In Business

8 Years 8 Months

0

No

 

ARE-EMENG HOLDING (PTY) LTD

M2004/027030/07

Deregistration Final

8 Years 8 Months

0

No

 

NOZALA FRUIT TERMINAL SERVICES (PTY) LTD

M2005/006461/07

Deregistration Final

7 Years 7 Months

0

No

 

Principal's Deeds Information - No information on record

 

Principal - 4of 7 MARK FLOYD

 

Surname

FLOYD

First Name

MARK

ID Number

6105195139085

Verified ID Number

Yes

Current Age

51

Designation

DIRECTOR

Status

Active

Appointment Date

2009/07/01

Physical Address (at time of Appointment)

12 WAEVERS POND DRIVE, THE BEACH ESTATE, SIMBALI BALLITO, KWA-ZULU NATAL, 4418

Postal Address

PO BOX 42, ZIMBALI, BALLITO, KWA-ZULU NATAL, 4418

Current Tel Number

0118026158

Cell number

0824984648

Shareholding/Membership

0.0000

 

Principals adverse – No information on record

 

Business Information for  MARK FLOYD

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

APPOINT WISELY TRADE AND INVEST (PTY) LTD

K2011/146463/07

In Business

1 Years 1 Months

0

No

 

AFRIPACK HOLDINGS (PTY) LTD

K2012/176572/07

In Business

0

0

No

 

AFRIPACK (PTY) LTD

M1933/004294/07

In Business

79 Years 7 Months

0

No

 

AFRIPACK CONSUMER FLEXIBLES (PTY) LTD

M2008/016495/07

In Business

4 Years 4 Months

0

No

 

UCINGO

ADMINISTRATION 321 (PTY) LTD

M2009/010610/07

In Business

3 Years 3 Months

0

No

 

MARK FLOYD CONSULTING SERVICES (PTY)LTD

M2010/024673/07

In Business

2 Years 2 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                   6 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

FONESURE ADMINISTRATION CC

B2008/259321/23

Deregistration Final

4 Years 4 Months

0

No

 

WILLIS SOUTH AFRICA (PTY) LTD

M1997/020469/07

In Business

15 Years 3 Months

0

No

 

STRATEGIC TRANSFER SOLUTIONS (PTY)LTD

M2008/012031/07

In Business

4 Years 4 Months

0

No

 

JOYSPRING TRADE AND INVEST 23 (PTY) LTD

M2010/018664/07

In Business

2 Years 2 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 5of 7 PANIC RAMPA RAMMOPO

 

Surname

RAMMOPO

First Name

PANIC RAMPA

ID Number

6801245799708

Verified ID Number

No

Current Age

44

Designation

DIRECTOR

Status

Active

Appointment Date

2009/07/01

Physical Address (at time of Appointment)

223 GOSFORTH CRESCENT, KYALAMI, 1684

Postal Address

P O BOX 68413, BRYANSTON, 2021

Shareholding/Membership

0.0000

 


Principals adverse – no information on

 

Business Information for PANIC RAMPA RAMMOPO

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AFRIPACK CONSUMER FLEXIBLES (PTY) LTD

M2008/016495/07

In Business

4 Years 4 Months

0

No

 

 

 

Principal's Deeds Information - No information on record

 

 

Principal - 6of 7

 

ARNOLD VERMAAK

 

Surname

VERMAAK

First Name

ARNOLD

ID Number

5910085007081

Verified ID Number

No

Current Age

53

Designation

DIRECTOR

Status

Active

Appointment Date

2009/07/01

Physical Address (at time of Appointment)

19 MEADOW LANE, KLOOF, KWAZULU-NATAL, 4001

Postal Address

PO BOX 12242, JACOBS, 4026

Current Tel Number

0314521300

Cell number

0836578967

Shareholding/Membership

0.0000

 

Principals adverse – no information on records

 

Business Information for  ARNOLD VERMAAK

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AFRIPACK HOLDINGS (PTY) LTD

K2012/176572/07

In Business

0

0

No

 

AFRIPACK (PTY) LTD

M1933/004294/07

In Business

79 Years 7 Months

0

No

 

FLEXOSACK (PTY) LTD

M1973/007027/07

In Business

39 Years 3 Months

0

No

 

PACKAGING COUNCIL OF SOUTH AFRICA

M1985/001427/08

In Business

27 Years 3 Months

0

No

 

AFRIPACK CONSUMER FLEXIBLES (PTY) LTD

M2008/016495/07

In Business

4 Years 4 Months

0

No

 

GREENASH TRADING AND INVESTMENTS 21 (PTY) LTD

M2009/002351/07

In Business

3 Years 3 Months

0

No

 

DILPACK SA (PTY) LTD

M2010/022716/07

In Business

2 Years 2 Months

0

No

 

THE MATTHEW WILLMAN VISUAL ARTS FOUNDATION

M2011/011761/08

In Business

1 Years 1 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 7of 7 JAMES HYND

 

Surname

HYND

First Name

JAMES

ID Number

7208055003083

Verified ID Number

Yes

Current Age

40

Designation

DIRECTOR

Status

Active

Appointment Date

2009/01/29

Physical Address (at time of Appointment)

8 BRIDELIA CLOSE, SIMBITHI ECO ESTATE, BALLITO, KWAZULU-NATAL, 4420

Postal Address

PO BOX 1016, SIMBITHI, 4390

Current Tel Number

0314521304

Cell number

0832338133

Shareholding/Membership

0.0000

 

Principals adverse – no information on records

 

Business Information for JAMES HYND

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AFRIPACK HOLDINGS (PTY) LTD

K2012/176572/07

In Business

0

0

No

 

AFRIPACK (PTY) LTD

M1933/004294/07

In Business

79 Years 7 Months

0

No

 

FLEXOSACK (PTY) LTD

M1973/007027/07

In Business

39 Years 3 Months

0

No

 

ELDERBERRY INVESTMENTS 110 (PTY) LTD

M2007/015704/07

In Business

5 Years 5 Months

0

No

 

BLOCKBUSTER TRADING 9 (PTY) LTD

M2007/019579/07

In Business

5 Years 5 Months

0

No

 

AFRIPACK CONSUMER FLEXIBLES (PTY) LTD

M2008/016495/07

In Business

4 Years 4 Months

0

No

 

GREENASH TRADING AND INVESTMENTS 21 (PTY) LTD

M2009/002351/07

In Business

3 Years 3 Months

0

No

 

DILPACK SA (PTY) LTD

M2010/022716/07

In Business

2 Years 2 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                   22 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

J AND J ACCOUNTING SERVICES CC

B1997/001573/23

Deregistration Final

15 Years 3 Months

0

No

 

KOHLER FLEXIBLE PACKAGING (PINETOWN) (PTY)LTD

M1972/008770/07

Deregistration Final

40 Years 4 Months

0

No

 

KOHLER DIGIFLEX (PTY) LTD

M2001/007824/07

Deregistration Final

11 Years 11 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.56

UK Pound

1

Rs.87.46

Euro

1

Rs.71.08

 

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.