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|
Report Date : |
04.02.2012 |
|
el. No.: |
27 11 542 1000 |
IDENTIFICATION DETAILS
|
Name : |
SAHARA COMPUTER (PTY) LTD |
|
|
|
|
Registered Office : |
89 Gazelle Avenue Corporate Park Old Pretoria Main Road Midrand |
|
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|
|
Country : |
South Africa |
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|
Date of Incorporation : |
17.09.1997 |
|
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Com. Reg. No.: |
M1997/015590/07 |
|
|
|
|
Legal Form : |
Private Company |
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|
Line of Business : |
Not Available |
|
|
|
|
No. of Employees : |
Not Available |
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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
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 |
SAHARA
COMPUTERS (PTY) LTD |
|
Country |
SOUTH
AFRICA |
|
Requested Credit Limit |
$1 500
000 |
|
Enquiry Terms |
D/A |
|
Account Review |
|
|
Subject Contact person |
UGESHNIE |
|
Assessment |
Total
Credit Limit Exposure: Total
Suretyship: Further
to our previous report, numerous attempts have been made to contact the
financial person and the owner of the subject and to no avail. It
seems as though they are avoiding the calls and are reluctant to assist. We
therefore cannot recommend any credit dealings |
|
Registered Name |
SAHARA COMPUTER (PTY) LTD |
|
Trading as/ Division Name |
|
|
Previous Name |
|
|
Date of Name Change |
|
|
Registration Number |
M1997/015590/07 |
|
Registration Date |
1997-09-17 |
|
Date Commenced Trading |
1997-09-17 |
|
Age of Business |
14 Years 4 Months |
|
History of Business |
|
|
History of Principals |
|
|
Shareholders and % holding |
|
|
Authorised Share Capital |
0.0000 |
|
Issued Share Capital |
0 |
|
Status |
In Business |
|
Operations Assessment |
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|
Industry/ Customers |
|
|
Export |
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Major Industry Code / SICC |
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|
Definition of Code |
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Head Office Physical Address |
89 Gazelle Avenue Corporate Park Old Pretoria Main Road Midrand |
|
Head Office Postal Address |
PO Box 4896 RIETVALLEIRAND 0174 |
|
Current Tel Number |
011 5421000 |
|
Cell number |
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|
Current Fax Number |
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Current Email Address |
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|
Web Site Address |
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Company Registered Name |
KPMG INC |
|
Postal Address |
PO Box 1662 PORT ELIZABETH 6000 |
|
Financial Year End |
|
|
Years With Auditors |
10 |
|
Website |
|
|
Company Name |
Phone Number |
Time with previous auditors |
|
M S RAZAK AND
ASSOCIATES |
|
15 |
|
IRSHARD NAKHOODA
AND ASSOCIATES |
|
15 |
|
Vat Number |
4700182076 |
|
Status |
Active |
|
Vat Liable Date |
1999-06-11 |
|
Tax Number |
9203014833 |
|
Tax Clearance Expire Date |
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|
Financial Year End |
February |
|
Status |
Unavailable |
|
Score |
|
|
Expire Date |
|
|
BEE Certificate Available |
Yes/No |
|
Type of ISO Grade |
Unavailable |
|
ISO Certificate |
Yes/No |
|
ISO Certificate Available |
Yes/No |
|
Certified by an Accredited Agent |
Yes/No |
|
Registered |
Unavailable |
|
Compliance Certified |
Yes/No |
Subsidiaries
|
Subsidiary Company |
Unavailable |
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Shareholding |
|
|
Registration Number |
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|
Import / Export |
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|
Subsidiary Company |
Unavailable |
|
Shareholding |
|
|
Registration Number |
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|
Import / Export |
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|
Number of
Employees |
Unavailable |
|
1. Salaried
employees |
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2. Waged
employees |
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3. Permanent
employees |
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4. Casual
employees |
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5. Contracted
employees |
|
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
|
Fleet Operations |
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The Fleet is made up of |
Unavailable |
|||
|
1. Cars |
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2. Light
Delivery Vehicles |
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3. Trailers |
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4. Busses |
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5. Trucks |
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6. Fork
Lifts |
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7. Other |
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Offices |
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Head Office Owned/ Rented |
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Rental Company |
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Owned by |
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|
Value |
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|
Bond |
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Bank |
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|
Lease Agreement |
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|
Lease Expire Date |
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|
Type of Premises |
|
|
Branches Names |
Country |
Province |
|
Unavailable |
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|
Branches Owned/ Rented |
Unavailable |
|
Rental Company |
|
|
Owned |
|
|
Value |
|
|
Bank |
|
|
Bond |
|
|
Lease Agreement |
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|
Lease Expire Date |
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|
Type of Premises |
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|
Level |
Position |
Name |
|
Unavailable |
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|
Note: One level up and
all levels down
|
Holding |
Company |
Sub |
|
Unavailable |
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|
Company |
Value |
Contact |
|
Unavailable |
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Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
|
1 |
Unavailable |
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2 |
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3 |
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4 |
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5 |
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Trade References
Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
Unavailable |
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2 |
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3 |
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4 |
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Judgements
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil Court
Records |
None |
|
RDs |
None |
Judgements
|
Case Number |
No information on record |
|
Amount |
|
|
Reason |
|
|
Court Name |
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|
Judgement Type |
|
|
Judgement Date |
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|
Plaintiff
(Multiple) |
|
Business Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
|
None |
|
|
|
Default Listings
|
Date |
Details |
|
None |
|
Notarial Bonds
|
Date |
Details |
|
None |
|
|
Bank |
Unavailable |
|
Branch |
|
|
Bank Account Number |
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|
Type of Account |
|
|
Account Name |
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|
Overdraft Facilities |
Yes/No |
|
Date Opened |
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|
Bank Code |
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|
Bank Comment |
|
Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
Years with bank |
|
None |
|
|
|
|
|
|
|
Previous Bank
Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
None |
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|
|
|
|
Property Interestsfor Company
|
Title Deed No. |
None |
Erf/Site No. |
|
|
Deeds Office |
|
Physical Address |
|
|
Property Type |
|
Extent / Size |
|
|
Purchase Date |
|
Purchase price |
|
|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
Financial
Estimates
|
CURRENT ASSETS |
Unavailable |
|
Stock |
|
|
Debtors |
|
|
FIXED ASSETS |
|
|
Plant, Equipment, Vehicles |
|
|
Property |
|
|
CURRENT LIABILITIES |
|
|
Creditors |
|
|
Loans/ From? |
|
|
LONG TERM LIABILITIES |
|
|
Morgage Bonds |
|
|
Previous Year Turnover |
|
|
Estimated Current Year Turnover |
|
|
Current Turnover per month |
|
|
Current Turnover per annum |
|
Please note the
following:
|
Turnover and assets less than R 1,000,000.00 |
The subject falls within the National Credit Act |
|
Turnover and assets less than R 2,000,000.00 |
The subject falls within the Consumer Protection Act |
Principals
|
Number of Principals |
5 |
|
Average Age of Active Principals |
44 |
Active Principals
Principal 1 of 5: EVAN TAK
|
Surname |
TAK |
|
First Name |
EVAN |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
7312025047087 |
|
Verified ID Number |
Yes |
|
Current Age |
39 |
|
Designation |
Businessman |
|
Status |
Active |
|
Appointment Date |
2009-04-02 |
|
Physical Address (at time of Appointment) |
No 65 Brynbrooke Estate PAULSHOF 2191 |
|
Postal Address |
Private Bag X180 Halfway House 1685 |
|
Current Tel Number |
011 5421006 |
|
Cell number |
0833311979 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse Information for: EVAN TAK
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for: EVAN TAK
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SAHARA COMPUTERS (PTY) LTD |
M1997/015590/07 |
In Business |
14 Years 4
Months |
0 |
No |
Previous
Business Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Property
Interests for: EVAN TAK
|
Title Deed No. |
T5643/1997 |
Erf/Site No. |
0 |
|
Deeds Office |
JOHANNESBURG |
Physical Address |
51 Arnheim Hazel Park GERMSTON |
|
Property Type |
Freehold / Ervin |
Extent / Size |
1297VKM |
|
Purchase Date |
1996-11-16 |
Purchase price |
R 160 000,00 |
|
% Ownership |
0.0000 |
Bond Holder |
ABSA BANK LTD |
|
Bond Number |
B6173997 |
Bond Amount |
R 154 000,00 |
Principal
2 of 5: GARY NAIDOO
|
Surname |
NAIDOO |
|
First Name |
GARY |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
6609015158084 |
|
Verified ID Number |
Yes |
|
Current Age |
46 |
|
Designation |
Businessman |
|
Status |
Active |
|
Appointment Date |
2009-04-02 |
|
Physical Address (at time of Appointment) |
75 The Straight Straight Road Pine Slopes GAUTENG 2194 |
|
Postal Address |
75 The Straight Straight Road Pine Slopes GAUTENG 2194 |
|
Current Tel Number |
010 2130122 |
|
Cell number |
071 6884958 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse Information for: GARY NAIDOO
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for: GARY NAIDOO
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SAHARA COMPUTERS (PTY) LTD |
M1997/015590/07 |
In Business |
14 Years 4
Months |
0 |
No |
|
CRICKET SOUTH AFRICA |
M2002/002641/08 |
In Business |
9 Years 11
Months |
0 |
No |
Previous
Business Interests
|
Average Age of
Previous Business Interests |
11 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
COMPASS
TECHNOLOGY (PTY) LTD |
1995/001098/07 |
Deregistration
Final |
16 Years 11
Months |
0 |
No |
|
CORPCLO 519 CC |
1999/022399/23 |
Deregistration
Final |
12 Years 9
Months |
0 |
No |
|
I-VIZION (CAPE)
CC |
2003/000358/23 |
Deregistration
Final |
9 Years |
0 |
No |
|
DATA GATE AND
DISTRIBUTION (CAPE) CC |
2003/009480/23 |
Deregistration
Final |
8 Years 11
Months |
0 |
No |
|
MANDIBLE
INVESTMENTS (PTY) LTD |
2004/023019/07 |
Deregistration
Final |
7 Years 5 Months |
0 |
No |
Property
Interests for: GARY NAIDOO
|
Title Deed No. |
ST72558/2009 |
Erf/Site No. |
1286,0 |
|
Deeds Office |
PRETORIA |
Physical Address |
Lone Hill Sandton |
|
Property Type |
Sectional Title / Unit |
Extent / Size |
82.0SQM |
|
Purchase Date |
2009-07-07 |
Purchase price |
R
750 000,00 |
|
% Ownership |
0.0000 |
Bond Holder |
STANDARD BANK OF
SOUTH AFRICA LTD |
|
Bond Number |
SB459242009 |
Bond Amount |
R
750 000,00 |
Principal 3 of 5: MOHAMED RAZAK
|
Surname |
RAZAK |
|
First Name |
MOHAMED |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
6005255186051 |
|
Verified ID Number |
Yes |
|
Current Age |
52 |
|
Designation |
Charted Accountant |
|
Status |
Active |
|
Appointment Date |
2007-04-17 |
|
Physical Address (at time of Appointment) |
43 Twickenham Avenue Auckland Park Johannesburg 2092 |
|
Postal Address |
PO Box 101 CROWN MINES 1685 |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse Information
for:
MOHAMED RAZAK
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: MOHAMED RAZAK
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
FACTAPROPS 146 (PTY) LTD |
1996/017879/07 |
In Business |
15 Years 1 Month |
0 |
No |
|
SAHARA HOLDINGS (PTY) LTD |
2002/002230/07 |
In Business |
9 Years 11
Months |
0 |
No |
|
ANNEX DISTRIBUTION (PTY) LTD |
2002/023324/07 |
In Business |
9 Years 4 Months |
0 |
No |
|
CAJEE RAZAK ASSOCIATES |
6005255186051 |
|
Unknown |
0 |
No |
|
SAHARA COMPUTERS (PTY) LTD |
M1997/015590/07 |
In Business |
14 Years 4
Months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
4 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
AFRICAN SCIENCE AND CULTURE FOUNDATION |
2008/000598/08 |
In Business |
4 Years |
0 |
No |
Property Interests for: MOHAMED RAZAK
|
Title Deed No. |
None |
Erf/Site No. |
|
|
Deeds Office |
|
Physical Address |
|
|
Property Type |
|
Extent / Size |
|
|
Purchase Date |
|
Purchase price |
|
|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
Principal 4 of 5: ATUL GUPTA JNR
|
Surname |
GUPTA JNR |
|
First Name |
ATUL |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
6806145105080 |
|
Verified ID Number |
No |
|
Current Age |
44 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1997-09-17 |
|
Physical Address (at time of Appointment) |
5 B Saxonwold Drive SAXONWOLD 2196 |
|
Postal Address |
Private Bag X180 Halfway House GAUTENG 1685 |
|
Current Tel Number |
011 542 1034 |
|
Cell number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse
Information for: ATUL GUPTA JNR
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: ATUL GUPTA JNR
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SAHARA CONSUMABLES (PTY) LTD |
2001/019162/07 |
In Business |
10 Years 5
Months |
0 |
No |
|
SAHARA HOLDINGS (PTY) LTD |
2002/002230/07 |
In Business |
9 Years 11
Months |
0 |
No |
|
ISLANDSITE INVESTMENTS ONE HUNDRED AND EIGHTY (PTY) LTD |
2002/004934/07 |
In Business |
9 Years 10
months |
0 |
No |
|
ANNEX DISTRIBUTION (PTY) LTD |
2002/023324/07 |
In Business |
9 Years 4 Months |
0 |
No |
|
UNI-AFRICA HOLDINGS (PTY) LTD |
2004/015237/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
SAHARA PRESS (PTY) LTD |
2006/010256/07 |
In Business |
5 Years 9 Months |
0 |
No |
|
AFRIPALM RESOURCES (PTY) LTD |
2006/011933/07 |
In Business |
5 Years 9 Months |
3 |
No |
|
VERIANA PROPERTY HOLDINGS (PTY) LTD |
2006/022761/07 |
In Business |
5 Years 6 Months |
0 |
No |
|
KALEM PROPERT HOLDINGS (PTY) LTD |
2006/022764/07 |
In Business |
5 Years 6 Months |
0 |
No |
|
IZAK AND IRIS INVESTMENTS (PTY) LTD |
2006/022983/07 |
In Business |
5 Years 6 Months |
0 |
No |
|
SHIVA URANIUM LTD |
M1921/006955/06 |
In Business |
90 Years 1 Month |
0 |
No |
|
COMAIR LTD |
M1967/006783/06 |
In Business |
44 Years 7
Months |
0 |
No |
|
NORTHAM PLATINUM LTD |
M1977/003282/06 |
In Business |
34 Years 3
Months |
0 |
No |
|
SAHARA COMPUTERS (PTY) LTD |
M1997/015590/07 |
In Business |
14 Years 4
Months |
0 |
No |
|
GREEN FIG TRADING 5 (PTY) LTD |
M2005/021117/07 |
In Business |
6 Years 7 Months |
0 |
No |
|
SAHARA MEDIA HOLDINGS (PTY) LTD |
M2006/013459/07 |
In Business |
5 Years 8 Months |
0 |
No |
|
AFRIPALM MANAGED SERVICES (PTY) LTD |
M2007/026575/07 |
In Business |
4 Years 4 Months |
0 |
No |
|
TNA MEDIA (PTY) LTD |
M2010/006569/07 |
In Business |
1 Year 9 Months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
7 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
302 SPUR ROAD BEALIEU MIDRAND CC |
1997/021683/23 |
Deregistration
Final |
14 Years 9
Months |
0 |
No |
|
SAHARA SYSTEMS (PTY) LTD |
2000/007320/07 |
In Business |
11 Years 9
Months |
0 |
No |
|
SAHARA COMPUTERS (DBN) CC |
2000/057517/23 |
Deregistration
Final |
11 Years 4
Months |
0 |
No |
|
14 EARLS COURT CC |
2000/069088/23 |
Deregistration
Final |
11 Years 2
Months |
0 |
No |
|
SUNZI EQUITY INVESTMENTS (PTY) LTD |
2004/014322/07 |
Deregistration
Final |
7 Years 8 Months |
0 |
No |
|
STONEVEST 16 (PTY) LTD |
2006/005216/07 |
Deregistration
Final |
5 Years 11
Months |
0 |
No |
|
CONFIDENT CONCEPT (PTY) LTD |
2006/023982/07 |
In Business |
5 Years 5 Months |
0 |
No |
|
THELO CEMENT (PTY) LTD |
2006/028825/07 |
Deregistration
Final |
5 Years 4 Months |
0 |
No |
|
THELO INVESTMENTS (PTY) LTD |
2006/031859/07 |
Deregistration
Final |
5 Years 3 Months |
0 |
No |
|
WOODLANE CONSORTIUM (PTY) LTD |
2007/031952/07 |
Deregistration
Final |
4 Years 2 Months |
0 |
No |
|
ISLANDSITE INVESTMENTS 254 (PTY) LTD |
M2007/035464/07 |
In Business |
4 Years 1 Months |
0 |
No |
Property Interests for: ATUL GUPTA JNR
|
Title Deed No. |
None |
Erf/Site No. |
|
|
Deeds Office |
|
Physical Address |
|
|
Property Type |
|
Extent / Size |
|
|
Purchase Date |
|
Purchase price |
|
|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
Principal 5 of 5: CHETALI GUPTA
|
Surname |
GUPTA |
|
First Name |
CHETALI |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
7004042051180 |
|
Verified ID Number |
YES |
|
Current Age |
42 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1997-09-17 |
|
Physical Address (at time of Appointment) |
34 A KINDS ROAD BEDFORDVIEW 2007 |
|
Postal Address |
Private Bag X 180 HALFWAY HOUSE 1685 |
|
Current Tel Number |
011 6469077 |
|
Cell number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse
Information for: CHETALI GUPTA
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: CHETALI GUPTA
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SAHARA HOLDINGS (PTY) LTD |
2002/002230/07 |
In Business |
9 Years 11
Months |
0 |
No |
|
ISLANDSITE INVESTMENTS ONE HUNDRED AND EIGHTY (PTY) LTD |
2002/004934/07 |
In Business |
9 Years 10
Months |
0 |
No |
|
ANNEX DISTRIBUTION (PTY) LTD |
2002/023324/07 |
In Business |
9 Years 4 Months |
0 |
No |
|
SAHARA COMPUTERS (PTY) LTD |
M1997/015590/07 |
In Business |
14 Years 4
Months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
9 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
302 SPUR ROAD
BEALIEU MIDRAND CC |
1997/021683/23 |
Deregistration
Final |
14 Years 9
Months |
0 |
No |
|
AEON DIAMONDS
(PTY) LTD |
2003/017679/07 |
Deregistration
Final |
8 Years 6 Months |
0 |
No |
|
CONFIDENT
CONCEPT (PTY) LTD |
2006/023982/07 |
In Business |
5 Years 5 Months |
0 |
No |
Property Interests for: CHETALI GUPTA
|
Title Deed No. |
None |
Erf/Site No. |
|
|
Deeds Office |
|
Physical Address |
|
|
Property Type |
|
Extent / Size |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.96 |
|
|
1 |
Rs.77.47 |
|
Euro |
1 |
Rs.64.40 |
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.