%20LTD%20%20168602%2010-Feb-2012_files/image002.jpg){kind=small}
MIRA
INFORM REPORT
|
Report Date : |
10.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
SAINT GOBAIN CONSTRUCTION PRODUCTS SA (PTY) LTD |
|
|
|
|
Registered Office : |
77 Ost End Road Germiston 1400 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
07.09.1937 |
|
|
|
|
Com. Reg. No.: |
1937/010220/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Manufacturing of drain casting |
|
|
|
|
No. of Employees : |
1800 |
RATING & COMMENTS
|
MIRAs 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 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 |
SAINT GOBAIN CONSTRUCTION PRODUCTS SA (PTY) LTD |
|
Country |
SOUTH
AFRICA |
|
Requested Credit Limit |
$
1 500 000 |
|
Enquiry Terms |
D/A |
|
Account Review |
|
|
Subject Contact person |
MARIE-JANE
SMALL |
|
Assessment |
Total
Credit Limit Exposure: R 5 000 000 This
is a well established company. On
investigation we made contact with Marie-Jane Small who provided the company
information. We
were unable to obtain a bank code although with reference to the trade
references we have found that the subject has had credit exposure of up to R
5 000 000 over a 15 day period with an inter-company deal. |
Company Information
|
Registered Name |
SAINT GOBAIN CONSTRUCTION PRODUCTS SA (PTY) LTD |
|
Trading as/ Division Name |
Unavailable |
|
Previous Name |
Unavailable |
|
Date of Name Change |
Unavailable |
|
Registration Number |
1937/010220/07 |
|
Registration Date |
1937-09-07 |
|
Date Commenced Trading |
1937-09-07 |
|
Age of Business |
74 Years 5 Months |
|
History of Business |
Unavailable |
|
History of Principals |
Unavailable |
|
Shareholders and % holding |
Part of a Group Holding |
|
Authorised Share Capital |
Unavailable |
|
Issued Share Capital |
Unavailable |
|
Status |
In Business |
|
Operations Assessment |
Manufacturing of drain casting |
|
Industry/ Customers |
Unavailable |
|
Export |
Unavailable |
|
Major Industry Code / SICC |
50 |
|
Definition of Code |
Construction |
|
Head Office Physical Address |
77 Ost end road GERMISTON 1400 |
|
Head Office Postal Address |
PO Box 700 GERMISTON 1400 |
|
Current Tel Number |
012 3804600 Head Office 011 3455300 |
|
Cell number |
Unavailable |
|
Current Fax Number |
0 12 3863249 |
|
Current Email Address |
|
|
Web Site Address |
Unavailable |
Auditors Information
|
Company Registered Name |
PRICEWATERHOUSE COOPERS |
|
Trading Name |
Unavailable |
|
Registration Number |
1998/012055/21 |
|
Physical Address |
2 EGLIN ROAD SUNNINGHILL 2157 |
|
Postal Address |
Private Bag X36 SUNNINGHILL 2157 |
|
Contact Person |
VERA BOTES |
|
Contact Number |
011 7974000 |
|
Email |
|
|
Principals |
248 |
|
Judgements Against Subject |
None |
|
Judgements Against Principals |
Unavailable |
|
Subject Verified as Client |
Yes |
|
SAICA number |
Unavailable |
|
VAT Number |
4950174682 |
|
Tax Number |
9343032844 |
|
BEE Status |
Unavailable |
|
Financial Year End |
June |
|
Years With Auditors |
Unavailable |
|
Website |
Previous Auditors
|
Company Name |
Phone Number |
Time with previous auditors |
|
None |
|
|
Tax Information
|
Vat Number |
4430103087 |
|
Status |
Active |
|
Vat Liable Date |
|
|
Tax Number |
9000065608 |
|
Tax Clearance Expire Date |
December |
|
Financial Year End |
December |
Black Economic Empowerment
|
Status |
Yes |
|
Score |
Level 5 |
|
Expire Date |
24 October 2012 |
|
BEE Certificate Available |
Yes Attached |
ISO Status
|
Type of ISO Grade |
None |
Workmans compensation
|
Registered |
Yes |
|
Compliance Certified |
Unavailable |
Company Structure
Subsidiaries
Please see the attached information on the BEE Certificate
|
Number of
Employees |
1800 |
|
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 |
|
|
|
|
|
Offices |
Unavailable |
|
Branches Names |
Country |
Province |
|
Unavailable |
|
|
Branches Owned/ Rented |
Unavailable |
|
Rental Company |
|
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 |
SAINT GOBAIN
PIPE LINES |
MICHELLE
WILLIMSE 012 3804600 |
|
|
|
2 |
REMA ENGINEERING |
STEFAN ERDMAN 011 7621620 |
|
|
Trade
References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
1 Year |
Open Max |
|
15 Days |
R 5 000 000 |
15 Days |
Excellent Payers Intercompany Pay on time. |
|
2 |
1 Year |
Max |
|
30 Days Net |
|
30 Days |
Cannot comment,
ordered once only. |
Adverse Information on Subject
Judgements
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil Court |
None |
|
RDs |
None |
Judgements
|
Case Number |
No information on record |
|
Amount |
|
Business Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
|
None |
|
|
|
Default Listings
|
Date |
Details |
|
None |
|
Notarial Bonds
|
Date |
Details |
|
None |
|
Bank Information
|
Bank |
STANDARD BANK |
|
Branch |
Rivonia |
|
Bank Account Number |
Declined |
|
Type of Account |
|
|
Account Name |
|
|
Overdraft Facilities |
|
|
Date Opened |
|
|
Bank Code |
None |
|
Bank Comment |
None, unable to obtain without a bank account number. |
Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RDs |
RD amount |
RD Date |
Bank Comments |
Years with bank |
|
Unavailable |
|
|
|
|
|
|
|
Previous Bank
Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
Unavailable |
|
|
|
|
|
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 |
The subject considers this information to be private. |
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 |
4 |
|
Average Age of Active Principals |
37 |
Active Principals
Principal 1 of 4: CAROLYN W LATEGAN
|
Surname |
LATEGAN |
|
First Name |
CAROLYN |
|
Other Names |
W |
|
Marital Status |
Unavailable |
|
ID Number |
6701030021080 |
|
Verified ID Number |
No |
|
Current Age |
45 |
|
Designation |
Unavailable |
|
Status |
Active |
|
Appointment Date |
2009-07-06 |
|
Physical Address (at time of Appointment) |
185 VLAKPLAATS TARLTON 1749 |
|
Postal Address |
PO Box 700 GERMISTON 1401 |
|
Current Tel Number |
011 9522939 |
|
Cell number |
082 6551416 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse Information for: CAROLYN W
LATEGAN
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SPUNBOND INSULATION (PTY) LTD |
1998/025799/07 |
In Business |
13 Years 2
Months |
0 |
No |
|
SAINT-GOBAIN CONSTRUCTION PRODUCTS SOUTH AFRICA
(PTY) LTD |
M1937/010220/07 |
In Business |
74 Years 5
Months |
0 |
No |
|
DONN PRODUCTS (PTY) LTD |
M1969/012456/07 |
In Business |
42 Years 6
Months |
0 |
No |
|
DON SOUTH AFRICA (PTY) LTD |
M1971/001193/07 |
In Business |
41 Years 1 Month |
0 |
No |
|
GYPSUM INDUSTRIES (PTY) LTD |
M1971/011268/07 |
In Business |
40 Years 4
Months |
0 |
No |
|
LISKEY (PTY) LTD |
M1980/003644/07 |
In Business |
31 Years10
Months |
0 |
No |
|
SAINT-GOBAIN PIPELINES SOUTH AFRICA (PTY) LTD |
M1984/011416/07 |
In Business |
27 Years 2
Months |
0 |
No |
|
SAINT-GOBAIN ISOVER SOUTH AFRICA (PTY) LTD |
M1996/006866/07 |
In Business |
15 Years 9
Months |
0 |
No |
|
SAINT-GOBAIN ABRASIVES (PTY) LTD |
M1997/017721/07 |
In Business |
14 Years 4
Months |
0 |
No |
|
SELCOTRADE 35 (PTY) LTD |
M2005/019924/07 |
In Business |
6 Years 8 Months |
0 |
No |
|
SAINT-GOBAIN WEBER SOUTH AFRICA (PTY) LTD |
M2005/020576/07 |
In Business |
6 Years 8 Months |
0 |
No |
|
SWYS TILE ADHESIVE CHEMICALS (PTY) LTD |
M2006/009690/07 |
In Business |
5 Years 11
Months |
0 |
No |
|
SAINT-GOBAIN MINING (PTY) LTD |
M2007/032896/07 |
In Business |
4 Years 3 Months |
0 |
No |
Previous
Business Interests
|
Average Age of
Previous Business Interests |
13 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
ELR CONSULTANTS CC |
2008/038253/23 |
In Business |
4 Years |
0 |
No |
|
ELR TRAINING CC |
2008/042786/23 |
In Business |
4 Years |
0 |
No |
|
CAPITEC BANK LTD |
M1980/003695/06 |
In Business |
31 Years 9
Months |
0 |
No |
Deeds Information
Property Interests for: CAROLYN W LATEGAN
|
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 2 of 4: PETER HINDLE
|
Surname |
HINDLE |
|
First Name |
PETER |
|
Other Names |
Unavailable |
|
Marital Status |
Unavailable |
|
ID Number |
5402170000000 |
|
Verified ID Number |
No |
|
Current Age |
58 |
|
Designation |
GENERAL DELEGATE |
|
Status |
Active |
|
Appointment Date |
2009-02-24 |
|
Physical Address (at time of Appointment) |
Woodside 3 Linden Green Thornton Cleveleys LANCASHIRE 1111 |
|
Postal Address |
Woodside 3 Linden Green Thornton Cleveleys LANCASHIRE 1111 |
|
Current Tel Number |
Unavailable |
|
Cell number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse
Information for: PETER HINDLE
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: PETER HINDLE
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SAINT-GOBAIN CONSTRUCTION PRODUCTS SOUTH AFRICA
(PTY)LTD |
M1937/010220/07 |
In Business |
74 Years 5
Months |
0 |
No |
|
SAINT-GOBAIN PIPELINE SOUTH AFRICA (PTY) LTD |
M1984/011416/07 |
In Business |
27 Years 2
Months |
0 |
No |
|
SAINT-GOBAIN ABRASIVES (PTY) LTD |
M1997/017721/07 |
In Business |
14 Years 4
Months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
Unavailable |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
Unavailable |
|
|
|
|
|
Deeds
Information
Property Interests for: PETER HINDLE
|
Title Deed No. |
Unavailable |
Erf/Site No. |
|
|
Deeds Office |
|
Physical Address |
|
|
Property Type |
|
Extent / Size |
|
|
Purchase Date |
|
Purchase price |
|
|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
Principal 3 of 4: COENRAAD HITGE
|
Surname |
HITGE |
|
First Name |
COENRAAD |
|
Other Names |
None |
|
Marital Status |
Unknown |
|
ID Number |
7510015009088 |
|
Verified ID Number |
No |
|
Current Age |
36 |
|
Designation |
Accountant |
|
Status |
Active |
|
Appointment Date |
2007-11-30 |
|
Physical Address (at time of Appointment) |
917 Kintamani 39 Mulbarton Road Beverly SANDTON 2196 |
|
Postal Address |
PO Box 1579 LONGHILL 2067 |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse
Information for: COENRAAD HITGE
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: COENRAAD HITGE
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SAINT-GOBAIN CONSTRUCTION PRODUCTS SOUTH AFRICA (PTY) LTD |
M1937/010220/07 |
In Business |
74 Years 5
Months |
0 |
No |
|
DONN PRODUCTS (PTY) LTD |
M1969/012456/07 |
In Business |
42 Years 6
Months |
0 |
No |
|
LISKEY (PTY)LTD |
M1980/003644/07 |
In Business |
31 Years 10
Months |
0 |
No |
|
SAINT-GOBAIN WEBER SOUTH AFRICA (PTY) LTD |
M2005/020576/07 |
In Business |
6 Years 8 Months |
0 |
No |
|
FLUXRAB INVESTMENTS NO 173 (PTY) LTD |
M2008/006190/07 |
In Business |
3 Years 11
Months |
0 |
No |
|
FLUXRAB INVESTMENTS NO 174 (PTY) LTD |
M2008/006441/07 |
In Business |
3 Years 11
Months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
8 Years 5 months |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SPUNBOND INSULATION (PTY) LTD |
1998/025799/07 |
In Business |
13 Years 2
Months |
0 |
No |
|
SELCOTRADE 35 (PTY) LTD |
M2005/019924/07 |
In Business |
6 Years 8 Months |
0 |
No |
Deeds
Information
Property Interests for: COENRAAD HITGE
|
Title Deed No. |
T80730/2005 |
Erf/Site No. |
|
|
Deeds Office |
Pretoria |
Physical Address |
Beverly SANDTON |
|
Property Type |
Freehold / Ervin |
Extent / Size |
500.0SQM |
|
Purchase Date |
2005-03-26 |
Purchase price |
R
529 000,00 |
|
% Ownership |
0.0000 |
Bond Holder |
ABSA BANK LTD |
|
Bond Number |
B884362005 |
Bond Amount |
R
1 650 000,00 |
Principal 4 of 4: STEPHEN DU TOIT
|
Surname |
DU TOIT |
|
First Name |
STEPHEN |
|
Other Names |
None |
|
Marital Status |
Unknown |
|
ID Number |
6506275012086 |
|
Verified ID Number |
Yes |
|
Current Age |
47 |
|
Designation |
MANAGING DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2001-06-01 |
|
Physical Address (at time of Appointment) |
89 LACHLAN ROADY KYALAMI 2000 |
|
Postal Address |
PO Box 700 GERMISTON 2000 |
|
Current Tel Number |
011 3455345 |
|
Cell number |
082 4473936 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse
Information for: STEPHEN DU TOIT
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: STEPHEN DU TOIT
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SAINT-GOBAIN CONSTRUCTION PRODUCTS SOUTH AFRICA (PTY) LTD |
M1937/010220/07 |
In Business |
74 Years 5
Months |
0 |
No |
|
DONN PRODUCTS (PTY) LTD |
M1969/012456/07 |
In Business |
42 Years 6
Months |
0 |
No |
|
DON SOUTH AFRICA (PTY) LTD |
M1971/001193/07 |
In Business |
41 Years 1 Month |
0 |
No |
|
GYPSUM INDUSTRIES (PTY) LTD |
M1971/011268/07 |
In Business |
40 Years 4
Months |
0 |
No |
|
LISKEY (PTY) LTD |
M1980/003644/07 |
In Business |
31 Years10
Months |
0 |
No |
|
SAINT-GOBAIN ISOVER SOUTH AFRICA (PTY) LTD |
M1996/006866/07 |
In Business |
15 Years 9
Months |
0 |
No |
|
SAINT-GOBAIN ABRASIVES (PTY) LTD |
M1997/017721/07 |
In Business |
14 Years 4
Months |
0 |
No |
|
CEILING AND PARTITION WAREHOUSE (PTY)LTD |
M1998/023020/07 |
In Business |
13 Years 3
Months |
0 |
No |
|
SELCOTRADE 35 (PTY) LTD |
M2005/019924/07 |
In Business |
6 Years 8 Months |
0 |
No |
|
SAINT-GOBAIN WEBER SOUTH AFRICA (PTY) LTD |
M2005/020576/07 |
In Business |
6 Years 8 Months |
0 |
No |
|
SWYS TILE ADHESIVE CHEMICALS (PTY) LTD |
M2006/009690/07 |
In Business |
5 Years 11
Months |
0 |
No |
|
SAINT-GOBAIN MINING (PTY) LTD |
M2007/032896/07 |
In Business |
4 Years 3 Months |
0 |
No |
Previous Business Interests
|
Average Age of Previous
Business Interests |
13 Years 2 Months |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SPUNBOND INSULATION (PTY) LTD |
1998/025799/07 |
In Business |
13 Years 2
Months |
0 |
No |
Deeds
Information
Property Interests for: STEPHEN DU TOIT
|
Title Deed No. |
T107755/2002 |
Erf/Site No. |
|
|
Deeds Office |
Pretoria |
Physical Address |
8 Lachlan Glenferness MIDRAND |
|
Property Type |
Small Holding |
Extent / Size |
2.5890H |
|
Purchase Date |
2002-08-02 |
Purchase price |
R
700 000,00 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0,00 |
|
Title Deed No. |
T91062/2007 |
Erf/Site No. |
|
|
Deeds Office |
Cape Town |
Physical Address |
Sea Vista ST
Francis Bay |
|
Property Type |
Freehold / Ervin |
Extent / Size |
1039.0SQM |
|
Purchase Date |
2007-07-05 |
Purchase price |
R
4 900 000,00 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0,00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.29 |
|
|
1 |
Rs.78.10 |
|
Euro |
1 |
Rs.65.59 |
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 SCs 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.