MIRA INFORM REPORT

 

 

 

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

 

 

Country :

South Africa

 

 

Date of Incorporation :

17.09.1997

 

 

Com. Reg. No.:

M1997/015590/07

 

 

Legal Form :

Private Company

 

 

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

 


Summary

 

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

 

 

Company Information

 

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

 

Industry/ Customers

 

Export

 

Major Industry Code / SICC

 

Definition of Code

 

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

 

Current Fax Number

 

Current Email Address

ugeshnie@sahara.co.za

Web Site Address

 

 

 

Auditors Information

 

Company Registered Name

KPMG INC

Postal Address

PO Box 1662

PORT ELIZABETH

6000

Financial Year End

 

Years With Auditors

10

Website

 

 

 

Previous Auditors

 

Company Name

Phone Number

Time with previous auditors

M S RAZAK AND ASSOCIATES

 

15

IRSHARD NAKHOODA AND ASSOCIATES

 

15

 

 

Tax Information

 

Vat Number

4700182076

Status

Active

Vat Liable Date

1999-06-11

Tax Number

9203014833

Tax Clearance Expire Date

 

Financial Year End

February

 

 

Black Economic Empowerment

 

Status

Unavailable

Score

 

Expire Date

 

BEE Certificate Available

Yes/No

 

 

ISO Status

 

Type of ISO Grade

Unavailable

ISO Certificate

Yes/No

ISO Certificate Available

Yes/No

Certified by an Accredited Agent

Yes/No

 

 

Workman’s compensation

 

Registered

Unavailable

Compliance Certified

Yes/No

 

 

Company Structure

Subsidiaries

 

Subsidiary Company

Unavailable

Shareholding

 

Registration Number

 

Import / Export

 

 

Subsidiary Company

Unavailable

Shareholding

 

Registration Number

 

Import / Export

 

 

Number of Employees

Unavailable

1.       Salaried employees

 

2.       Waged employees

 

3.       Permanent employees

 

4.       Casual employees

 

5.       Contracted employees

 

 



Company Fleet

No of vehicles:

Owned/ Leased

Value

Outstanding Balance

Fleet Operations

 

 

 

 

The Fleet is made up of

Unavailable

1.       Cars

 

 

 

 

2.       Light Delivery Vehicles

 

 

 

 

3.       Trailers

 

 

 

 

4.       Busses

 

 

 

 

5.       Trucks

 

 

 

 

6.       Fork Lifts

 

 

 

 

7.       Other

 

 

 

 

 

Offices

 


Head Office Owned/ Rented

 

Rental Company

 

Owned by

 

Value

 

Bond

 

Bank

 

Lease Agreement

 

Lease Expire Date

 

Type of Premises

 

 

 

Branches Names

Country

Province

Unavailable

 

 

 


Branches Owned/ Rented

Unavailable

Rental Company

 

Owned

 

Value

 

Bank

 

Bond

 

Lease Agreement

 

Lease Expire Date

 

Type of Premises

 

 

Management Overview

Organisation chart

 

Level

Position

Name

Unavailable

 

 

 

 

 

 

 

 

 

 

 

 

Company Structure (Ownership)

Note: One level up and all levels down

Holding

Company

Sub

Unavailable

 

 


 

Trade References

 

Key deals signed within the past 12 months.

 

Company

Value

Contact

Unavailable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade Reference nr

Supplier

Contact

Surety Value

Notarial Bonds

1

Unavailable

 

 

 

        2 

 

 

 

 

3

 

 

 

 

4

 

 

 

 

5

 

 

 

 

 

Trade References Detail

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

Unavailable

 

 

 

 

 

 

2

 

 

 

 

 

 

 

3

 

 

 

 

 

 

 

4

 

 

 

 

 

 

 

 

 

Adverse Information on Subject

 

Judgements

Judgements

None

Possible Judgements

None

Civil Court Records

None

RDs

None

 

Judgements

Case Number

No information on record

Amount

 

Reason

 

Court Name

 

Judgement Type

 

Judgement Date

 

Plaintiff (Multiple)

 

 

 

Business Rescue

Date registered

Business rescue practitioner

Contact Information

Details

None

 

 

 

 

Default Listings

Date

Details

None

 

 

 

Notarial Bonds

Date

Details

None

 

 

Bank Information

 

Bank

Unavailable

Branch

 

Bank Account Number

 

Type of Account

 

Account Name

 

Overdraft Facilities

Yes/No

Date Opened

 

Bank Code

 

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

 

 

 

 

 

 

 


Deeds Information

 

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 Information

 

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

 

 

 

 

 

 

 

 

 

 

 

 

DEEDS INFORMATION

 

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

 

 

Deeds Information

 

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

 

 

Deeds Information

 

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

 

 

Deeds Information

 

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

 

 

Deeds Information

 

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

UK Pound

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%)

 

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.