MIRA INFORM REPORT

 

 

Report Date :

24.12.2012

 

IDENTIFICATION DETAILS

 

Name :

WILLOWTON GROUP (PTY)LTD

 

 

Registered Office :

266 Ohrtmann Road, PIETERMARITZBURG, 3201

 

 

Country :

South Africa

 

 

Date of Incorporation :

25.03.2011

 

 

Com. Reg. No.:

M2011/006710/07

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of compound cooking fats, margarine and edible oils

 

 

No. of Employees :

Not Available

 

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 – 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 Unemployment remains high and outdated infrastructure has constrained growth.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

WILLOWTON GROUP (PTY)LTD

Country

South Africa

Subject Contact Person

MR. RABBY

Assessment

On investigation we made contact with the financial manager MR. RABBY who requested the questionnaire to be sent to him. When we followed up on the questionnaire MR. RABBY stated that he needs more time to complete the questionnaire. We are awaiting further information on the subject. Please see the available information on the subject below.

 

 

Company Information

 

Registered Name

WILLOWTON GROUP (PTY)LTD

Trading as/ Division Name

WILLOWTON GROUP

Registration Number

M2011/006710/07

Registration Date

2011/03/25

Date Commenced Trading

2011-03-25

Age of Business

1 Years 9 Months

History of Business

The subject started out as a new business in 2011

History of Principals

There are 5 active principals within the subject

Authorised Share Capital

R1000.00

Issued Share Capital/Members Contribution

R 100.00

Status

In Business

Operations Assessment

Manufacturer of cooking oils, butter, margerine

Industry/ Customers

Leading chain stores, supermarkets, wholesalers, retailers, independents and food manufacturers nationwide

Export

Yes

Major Industry Code / SICC

30142

Definition of Code

Manufacture of compound cooking fats, margarine and edible oils

Head Office Physical Address

266 Ohrtmann Road, PIETERMARITZBURG, 3201

Head Office Postal Address

P 0 BOX 348, PIETERMARITZBURG, 3204

Current Tel Number

0333557800

Current Fax Number

0333557866

Current Email Address

rabby@willowtongroup.co.za

 

 

Auditors Information

 

Company Registered Name

PKF DURBAN

Trading Name

PKF

Registration Number

M2000/016512/21

Physical Address

2nd Floor, 12 On Palm Boulevard, Gateway, DURBAN, 4001

Postal Address

P 0 BOX 1858, DURBAN, 4000

Contact Person

COLLIN

Contact Number

0315735000

Principals

10

Subject Verified as Client

Yes

Practice Number

906352E

VAT Number

4100191016

Tax Number

9680033140

BEE Status

Level 4

Financial Year End

February

No of years in Business

5

Website

www.pkf.co.za

 

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

Employees Information - No Information on Record

Company Fleet Information - No Information on Record

 

Offices Information - No Information on Record

 

Branch Information

 

Branches Names

Country

Province

WILLOWTON GROUP GAUTENG

South Africa

GAUTENG

WILLOWTON GROUP WESTERN CAPE

South Africa

WESTERN CAPE

 

Branch Detail Information

 

Branches Owned/ Rented

Owned

Rental Company

 

Owned by

WILLOWTON GROUP

Type of Premises

Manufacturing Plant, Warehouse

Comment

Physical Address : 21 Quality Rd, Isando, KEMPTON PARK, 1600. Postal Address : P.O. Box 1235, Isando, KEMPTON PARK, 1600. Tel: 011 923 6900, Fax: 011 974 2266

Branches Owned/ Rented

Owned

Owned by

WILLOWTON GROUP

Type of Premises

Manufacturing Plant, Warehouse

Comment

Physical Address : 45 Berkley Road, Maitland, 7405, Western Cape. Postal Address : P.O Box 16, Maitland, South Africa. Tel: 021 507 5511, Fax: 021 511 8961

 

 

Management Overview

 

Organisation Chart

 

Level

Position

Name

Comment

 

1

Director

MAHOMED MOOSA

 

 

2

Director

AKBAR MOOSA

 

 

3

Director

SULEMAN HASSAN

 

 

4

Director

ABDUL MOOSA

 

 

5

Director

AHMED MOOSA

 

 

Company Structure Information - No Information on Record

 

Note: One level up and all levels down

 

Key Deals - No Info rmation 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 Informat ion - No Information on Record

Deeds Information - No information on record

 

 

Principals

 

Number of Principals

5

Average Age of Active Principals

56

Active Principals Principal - 1of 5 MAHOMED MOOSA

Surname

MOOSA

First Name

MAHOMED

Other Names

None

Marital Status

Single

ID Number

6812195003084

Verified ID Number

Yes

Current Age

44

Designation

BUSINESSPERSON

Status

Active

Appointment Date

2011/03/25

Physical Address (at time of Appointment)

APARTMENT 19, 270 CURRIE ROAD, MUSGRAVE  DURBAN, 4001

Postal Address

PO BOX 384, PIETERMARITZBURG, 3200

Current Tel Number

0333557800

Cell number

0836786666

Shareholding/Membership

0.0000

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

D H BROTHERS INDUSTRIES (PROPERTIES) (PTY) LTD

1983/004382/07

In Business

29 Years 5 Months

0

No

 

AFRICAN OLIVE TRADING 217 (PTY) LTD

2007/005316/07

In Business

5 Years 5 Months

0

No

 

AAAGI PRESS INDUSTRIES

6812195003084

 

Unknown

0

No

 

D H BROTHERS INDUSTRIES (PTY) LTD

M1964/006746/07

In Business

0

0

No

 

MAITLAND FOODS (PTY) LTD

M1977/002908/07

In Business

35 Years 11 Months

0

No

 

WILLOWTON REFINERIES (PTY) LTD

M1981/002256/07

In Business

31 Years 7 Months

0

No

 

WILLOWTON LOGISTICS (PTY) LTD

M1983/010186/07

In Business

29 Years 5 Months

0

No

 

WILLOWTON MARGARINE (PTY) LTD

M1988/007334/07

In Business

0

0

No

 

ISANDO FOODS (PTY) LTD

M1995/003682/07

In Business

17 Years 5 Months

0

No

 

HAKNAT INVESTMENTS (PTY) LTD

M1999/022811/07

In Business

13 Years 1 Months

0

No

 

FAZNAZA INVESTMENTS (PTY) LTD

M2000/028296/07

In Business

0

0

No

 

AKHAMO INVESTMENTS (PTY) LTD

M2001/022911/07

In Business

11 Years 11 Months

0

No

 

AZFAZA INVESTMENTS (PTY) LTD

M2001/022914/07

In Business

11 Years 11 Months

0

No

 

CAPENSIS MANAGEMENT LTD

M2002/002222/06

In Business

10 Years 10 Months

0

No

 

CAPENSIS MANAGEMENT (PTY) LTD

M2002/002222/07

In Business

10 Years 10 Months

0

No

 

MIRACLE MILE INVESTMENTS 30 (PTY) LTD

M2002/026435/07

In Business

10 Years 10 Months

0

No

 

CAPE OIL AND MARGARINE (PTY) LTD

M2003/011840/07

In Business

9 Years 9 Months

0

No

 

GOLDROUBLE INVESTMENTS (PTY) LTD

M2005/006589/07

In Business

7 Years 7 Months

0

No

 

SPORTALM INVESTMENTS (PTY) LTD

M2005/043967/07

In Business

7 Years 7 Months

0

No

 

NILAMODE INVESTMENTS (PTY) LTD

M2009/023739/07

In Business

3 Years 3 Months

0

No

 

WILLOWTON GROUP (PTY)LTD

M2011/006710/07

In Business

1 Years 1 Months

0

No

 

 

Principal Previous Business Interest

 

Average Age of Previous Business                    10 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

FARZIZ CANDLE INVESTMENTS CC

B1994/021115/23

Deregistration Final

18 Years 6 Months

0

No

 

PRIZETRADE 23 (PTY) LTD

M1996/004481/07

Deregistration Final

16 Years 4 Months

0

No

 

MISTY SEA TRADING 289 (PTY)LTD

M2007/011910/07

Deregistration Final

5 Years 5 Months

0

No

 

CECILOX (PTY)LTD

M2008/015710/07

Deregistration Final

4 Years 4 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal Previous Business Interest

 

AKBAR MOOSA

 

Surname

MOOSA

First Name

AKBAR

Other Names

None

Marital Status

Married

ID Number

4601105114087

Verified ID Number

Yes

Current Age

66

Designation

BUSINESSPERSON

Status

Active

Appointment Date

2011/03/25

Physical Address (at time of Appointment)

266 OHRTMANN ROAD, WILLOWTON, PIETERMARITZBURG, 3200

Postal Address

P O BOX 194, PIETERMARITZBURG, PIETERMARITZBURG, 3200

Current Tel Number

0333551800

Cell number

0836786557

Shareholding/Membership

0.0000

 

Business Information forAKBAR MOOSA

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

D H BROTHERS INDUSTRIES (PROPERTIES) (PTY) LTD

1983/004382/07

In Business

29 Years 5 Months

0

No

 

VALVES

INSTRUMENTATION SERVICES

4601105114087

 

Unknown

0

No

 

NATAVALON CC

B1993/012396/23

In Business

19 Years 7 Months

0

No

 

D H BROTHERS INDUSTRIES (PTY) LTD

M1964/006746/07

In Business

0

0

No

 

MAITLAND FOODS (PTY) LTD

M1977/002908/07

In Business

35 Years 11 Months

0

No

 

WILLOWTON REFINERIES (PTY) LTD

M1981/002256/07

In Business

31 Years 7 Months

0

No

 

WILLOWTON MARGARINE (PTY) LTD

M1988/007334/07

In Business

0

0

No

 

ISANDO FOODS (PTY) LTD

M1995/003682/07

In Business

17 Years 5 Months

0

No

 

WINPLAS (PTY)LTD

M1999/013897/07

In Business

13 Years 1 Months

1

No

 

CAPE OIL AND MARGARINE (PTY) LTD

M2003/011840/07

In Business

9 Years 9 Months

0

No

 

BORN FREE INVESTMENTS 342 (PTY) LTD

M2005/004475/07

Deregistration Process

7 Years 7 Months

0

No

 

WILLOWTON GROUP (PTY)LTD

M2011/006710/07

In Business

1 Years 1 Months

0

No

 

 

Principal's Deeds Information - No information on record

           

Average Age of Previous Business                    8 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

TRADING JUNCTION 19 CC

2004/071163/23

Deregistration Final

8 Years 8 Months

0

No

 

TRADING JUNCTION 16 CC

2004/071167/23

Deregistration Final

8 Years 8 Months

0

No

 

BIZEECORP 92 CC

2004/071170/23

Deregistration Final

8 Years 8 Months

0

No

 

 

SULEMAN HASSAN

 

Surname

HASSAN

First Name

SULEMAN

Other Names

None

Marital Status

Married

ID Number

4308015107082

Verified ID Number

Yes

Current Age

69

Designation

BUSINESSPERSON

Status

Active

Appointment Date

2011/03/25

Physical Address (at time of Appointment)

FLAT 151, MALUTI 75, SNELL PARADE, DURBAN, 4001

Postal Address

P 0 BOX 384, PIETERMARTIZBURG, 3200

Current Tel Number

0313058783

Cell number

0836786287

Shareholding/Membership

0.0000

 

Business Information forSULEMAN HASSAN

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

D H BROTHERS INDUSTRIES (PROPERTIES) (PTY) LTD

1983/004382/07

In Business

29 Years 5 Months

0

No

 

STANDBY POWER CORPORATION

4308015107058

 

Unknown

0

No

 

MAITLAND FOODS (PTY) LTD

M1977/002908/07

In Business

35 Years 11 Months

0

No

 

MOOSA-OSMAN PROPERTIES (PTY) LTD

M1990/003302/07

In Business

22 Years 10 Months

0

No

 

LOBELIA INVESTMENTS (PTY) LTD

M1996/001015/07

In Business

16 Years 4 Months

0

No

 

CAPE OIL AND MARGARINE (PTY) LTD

M2003/011840/07

In Business

9 Years 9 Months

0

No

 

WILLOWTON GROUP (PTY)LTD

M2011/006710/07

In Business

1 Years 1 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                    17 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

MALUTI SHARE BLOCK LTD

1983/005768/06

In Business

29 Years 5 Months

0

No

 

BATTERY POWER CONSULTANTS INTERNATIONAL CC

B1988/031096/23

Voluntary Liquidation

 

0

Yes

 

STANDBY POWER CORPORATION CC

B1991/021999/23

Deregistration Final

21 Years 9 Months

0

No

 

QUICK BAKE FOOD SYSTEMS CC

B1992/011591/23

Deregistration Final

20 Years 8 Months

0

No

 

THREE FOUNTAIN COURT CC

B1995/016152/23

Deregistration Final

17 Years 5 Months

0

No

 

CARMONA INVESTMENTS CC

B1996/004835/23

Voluntary Liquidation

16 Years 4 Months

0

Yes

 

CANTER TRADING CC

B1997/048718/23

Deregistration Final

15 Years 3 Months

0

No

 

311 CURRIE ROAD UNIT 11 CC

B1998/070069/23

Deregistration Final

14 Years 2 Months

0

No

 

CRYSTAL VALLEY TRADING CC

B2005/034331/23

Deregistration Final

7 Years 7 Months

0

No

 

D H BROTHERS INDUSTRIES (PTY)LTD

M1964/006746/07

In Business

0

No

 

WILLOWTON REFINERIES (PTY)LTD

M1981/002256/07

In Business

31 Years 7 Months

0

No

 

AAALUTI SHARE BLOCK (PTY) LTD

M1983/005768/07

In Business

29 Years 5 Months

0

No

 

THREE BROTHERS INVESTMENTS (PTY) LTD

M1985/003105/07

Deregistration Final

27 Years 3 Months

0

No

 

LINCOLN ROAD INVESTMENTS (PTY) LTD

M1986/000218/07

Deregistration Final

26 Years 2 Months

0

No

 

NEW GERMANY BATTERY CENTRE (PTY) LTD

M1986/001613/07

Deregistration Final

26 Years 2 Months

0

No

 

WILLOWTON MARGARINE (PTY)LTD

M1988/007334/07

In Business

0

No

 

FLAMMING INVESTMENTS (PTY) LTD

M1992/000146/07

Deregistration Final

20 Years 8 Months

0

No

 

HI TECH PLASTICS (PTY) LTD

M1992/000593/07

Deregistration Final

20 Years 8 Months

0

No

 

POLYMER INDUSTRIES (PTY) LTD

M1992/000735/07

Deregistration Final

20 Years 8 Months

0

No

 

FINCHAVEN INVESTMENTS (PTY) LTD

M1992/004045/07

Deregistration Final

20 Years 8 Months

0

No

 

THE SHOEMAKER FACTORY SHOP (PTY) LTD

M1993/002237/07

Deregistration Final

19 Years 7 Months

0

No

 

ISANDO FOODS (PTY) LTD

M1995/003682/07

In Business

17 Years 5 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

ABDUL MOOSA

 

Surname

MOOSA

First Name

ABDUL

Other Names

None

Marital Status

Married

ID Number

4907305118087

Verified ID Number

Yes

Current Age

63

Designation

BUSINESSMAN

Status

Active

Appointment Date

2011/03/25

Physical Address (at time of Appointment)

266 OHRTMANN ROAD, PIETERMARITZBURG, 3200

Postal Address

P O BOX 3894, PIETERMARITZBURG, 3200

Current Tel Number

0333557800

Cell number

0836786232

Shareholding/Membership

0.0000

 

Business Information forABDUL MOOSA

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

D H BROTHERS INDUSTRIES (PROPERTIES) (PTY) LTD

1983/004382/07

In Business

29 Years 5 Months

0

No

 

EVEREST HEIGHTS (PTY) LTD

M1962/004352/07

In Business

50 Years 2 Months

0

No

 

D H BROTHERS INDUSTRIES (PTY) LTD

M1964/006746/07

In Business

0

0

No

 

MAITLAND FOODS (PTY) LTD

M1977/002908/07

In Business

35 Years 11 Months

0

No

 

YUSUF GARDENS (PTY) LTD

M1979/006441/07

In Business

33 Years 9 Months

0

No

 

SHANAAZ CENTRE (PTY) LTD

M1979/006443/07

In Business

33 Years 9 Months

0

No

 

RAZIKSAL (PTY)LTD

M1980/004029/07

In Business

32 Years 8 Months

0

No

 

WILLOWTON REFINERIES (PTY) LTD

M1981/002256/07

In Business

31 Years 7 Months

0

No

 

WILLOWTON MARGARINE (PTY) LTD

M1988/007334/07

In Business

0

0

No

 

ISANDO FOODS (PTY) LTD

M1995/003682/07

In Business

17 Years 5 Months

0

No

 

LOBELIA INVESTMENTS (PTY) LTD

M1996/001015/07

In Business

16 Years 4 Months

0

No

 

SOUTH AFRICAN GRAIN

INFORMATION SERVICE

M1997/019186/08

In Business

15 Years 3 Months

0

No

 

WINLANE PROJECTS (PTY) LTD

M1999/013725/07

In Business

13 Years 1 Months

0

No

 

WINPLAS (PTY)LTD

M1999/013897/07

In Business

13 Years 1 Months

1

No

 

CAPENSIS MANAGEMENT (PTY) LTD

M2002/002222/07

In Business

10 Years 10 Months

0

No

 

GUN SALUTE INVESTMENTS (PTY) LTD

M2002/025787/07

In Business

10 Years 10 Months

0

No

 

MIRACLE MILE INVESTMENTS 30 (PTY) LTD

M2002/026435/07

In Business

10 Years 10 Months

0

No

 

ZENITH INVESTMENTS (PTY) LTD

M2002/026955/07

In Business

10 Years 10 Months

0

No

 

CAPE OIL AND MARGARINE (PTY) LTD

M2003/011840/07

In Business

9 Years 9 Months

0

No

 

BORN FREE INVESTMENTS 342 (PTY) LTD

M2005/004475/07

Deregistration Process

7 Years 7 Months

0

No

 

GOLDROUBLE INVESTMENTS (PTY) LTD

M2005/006589/07

In Business

7 Years 7 Months

0

No

 

KOMARA INVESTMENTS (PTY) LTD

M2005/027392/07

In Business

7 Years 7 Months

0

No

 

SNOWMASS INVESTMENTS (PTY) LTD

M2005/043523/07

In Business

7 Years 7 Months

0

No

 

PIPEDREAM INVESTMENTS (PTY) LTD

M2005/043785/07

In Business

7 Years 7 Months

0

No

 

SPORTALM INVESTMENTS (PTY) LTD

M2005/043967/07

In Business

7 Years 7 Months

0

No

 

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                    18 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

KHATANIPROPERTY HOLDINGS (PTY)LTD

M1983/004355/07

Deregistration Final

29 Years 5 Months

0

No

 

CAWOOD STREET CENTRE (PTY)LTD

M1983/007479/07

Deregistration Final

29 Years 5 Months

0

No

 

WILLOWTON LOGISTICS (PTY)LTD

M1983/010186/07

In Business

29 Years 5 Months

0

No

 

TRULITE CANDLES (PTY) LTD

M1989/005397/07

In Business

23 Years 11 Months

0

No

 

SOUTHPERTH INVESTMENTS (PTY) LTD

M1993/001113/07

Deregistration Final

19 Years 7 Months

0

No

 

SWEET MELON INVESTMENTS (PTY) LTD

M1997/021281/07

Conversion CO/CC orCC/CO

15 Years 3 Months

0

No

 

MEADWAY INVESTMENTS (PTY) LTD

M1999/015746/07

In Business

13 Years 1 Months

0

No

 

GATEWAY

TELECOMMUNICATION S SA (PTY)LTD

M2005/008238/07

Voluntary Liquidation

7 Years 7 Months

0

Yes

 

ZENITH EQUITIES

M2008/009079/07

Deregistration

4 Years 4 Months

0

No

 

(PTY) LTD

Final

 

 

Principal's Deeds Information - No information on record

 

Principal - 5of 5 AHMED MOOSA

Surname

MOOSA

First Name

AHMED

Other Names

None

Marital Status

Married

ID Number

7312055223087

Verified ID Number

Yes

Current Age

39

Designation

BUSINESSPERSON

Status

Active

Appointment Date

2011/03/25

Physical Address (at time of Appointment)

UNIT 1, 6 WINTER AVENUE, DURBAN, 4001

Postal Address

P O BOX 384, PIETERMARTIZBURG, 3200

Current Tel Number

0313557800

Cell number

0829026465

Shareholding/Membership

0.0000

 

Business Information forAHMED MOOSA

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

D H BROTHERS INDUSTRIES (PROPERTIES) (PTY) LTD

1983/004382/07

In Business

29 Years 5 Months

0

No

 

D H BROTHERS INDUSTRIES (PTY) LTD

M1964/006746/07

In Business

0

0

No

 

MAITLAND FOODS (PTY) LTD

M1977/002908/07

In Business

35 Years 11 Months

0

No

 

WILLOWTON LOGISTICS (PTY) LTD

M1983/010186/07

In Business

29 Years 5 Months

0

No

 

WILLOWTON MARGARINE (PTY) LTD

M1988/007334/07

In Business

0

0

No

 

ISANDO FOODS (PTY) LTD

M1995/003682/07

In Business

17 Years 5 Months

0

No

 

39TH STREET INVESTMENTS 86 SHARE BLOCK (PTY) LTD

M2003/000807/07

In Business

9 Years 9 Months

0

No

 

CAPE OIL AND MARGARINE (PTY) LTD

M2003/011840/07

In Business

9 Years 9 Months

0

No

 

WILLOWTON GROUP (PTY)LTD

M2011/006710/07

In Business

1 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's Deeds Information - No information on record

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.08

UK Pound

1

Rs.89.53

Euro

1

Rs.72.77

 

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.