MIRA INFORM REPORT
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Report Date : |
21.02.2012 |
IDENTIFICATION DETAILS
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Name : |
OSWALD BROTHERS (PTY) LTD |
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Registered Office : |
100 Voortrekker Road, Cape Town 7925 |
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Country : |
South Africa |
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Date of Incorporation : |
14.07.1999 |
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Com. Reg. No.: |
M1999/015103/07 |
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Legal Form : |
Private Company |
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Line of Business : |
Promotional industrial supplies Litho print Screen print |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
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 |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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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 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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South Africa |
a2 |
a2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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Registered Name |
OSWALD BROTHERS (PTY) LTD |
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Trading as/ Division Name |
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Previous Name |
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Date of Name Change |
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Registration Number |
M1999/015103/07 |
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Registration Date |
1999-07-14 |
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Date Commenced Trading |
1999-07-14 |
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Age of Business |
12 Years 7 Months |
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History of Business |
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History of Principals |
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Shareholders/Members/Partners of subject
and % holding |
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Authorised Share Capital |
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Issued Share Capital/Members Contribution |
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Status |
This Business is Active |
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Operations Assessment |
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Industry/ Customers |
06-Promotional industrial supplies Litho
print Screen print |
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Export |
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Major Industry Code / SICC |
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Definition of Code |
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Head Office Physical Address |
100 Voortrekker Road Cape Town 7925 |
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Head Office Postal Address |
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Current Tel Number |
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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 |
GRANT THORTON |
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Trading Name |
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Registration Number |
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Physical Address |
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Postal Address |
Private Bag 28 BENMORE 2010 |
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Contact Person |
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Contact Number |
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Email |
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Principals |
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Judgements Against Subject |
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Judgements Against Principals |
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Subject Verified as Client |
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SAICA number |
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VAT Number |
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Tax Number |
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BEE Status |
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Financial Year End |
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Years With Auditors |
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Website |
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Previous Auditors
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Company Name |
Phone Number |
Time with previous auditors |
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Vat Number |
4060183060 |
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Status |
Active |
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Vat Liable Date |
1999-07-31 |
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Tax Number |
9493516844 |
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Tax Clearance Expire Date |
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Financial Year End |
February |
Black Economic
Empowerment
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Status |
Unavailable |
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Score |
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Expire Date |
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BEE Certificate Available |
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Type of ISO Grade |
Unavailable |
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ISO Certificate |
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ISO Certificate Available |
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Certified by an Accredited Agent |
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Registered |
unavailable |
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Compliance Certified |
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Subsidiaries
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Subsidiary Company |
Unavailable |
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Shareholding |
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Registration Number |
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Import / Export |
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Subsidiary Company |
Unavailable |
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Shareholding |
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Registration Number |
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Import / Export |
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Number of
Employees |
Unavailable |
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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 |
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Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
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Fleet Operations |
None |
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The Fleet is made up of |
Unavailable |
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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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1. Other |
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Offices |
Unavailable |
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 |
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Branches Names |
Country |
Province |
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Branches Owned/ Rented |
Unavailable |
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Rental Company |
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Owned |
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Value |
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Bank |
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Bond |
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Lease Agreement |
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Lease Expire Date |
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Type of Premises |
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Organisation chart
Company Structure
(Ownership)
Note: One level up and
all levels down
Key deals signed within the past 12
months.
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Company |
Value |
Contact |
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Unavailable |
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Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
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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
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Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
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1 |
Unavailable |
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2 |
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3 |
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4 |
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Adverse
Information on Subject
Judgements
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Judgements |
None |
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Possible
Judgements |
None |
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Civil Court |
None |
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RDs |
None |
Business Rescue
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Date registered |
Business rescue practitioner |
Contact Information |
Details |
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None |
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Default Listings
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Date |
Details |
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None |
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Notarial Bonds
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Date |
Details |
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None |
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Bank |
Unavailable |
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Branch |
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Bank Account Number |
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Type of Account |
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Account Name |
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Overdraft Facilities |
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Date Opened |
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Bank Code |
C |
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Bank Comment |
The subjects bankers consider them as equal to their normal business
engagements. |
Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
Years with bank |
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Unavailable |
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Previous Bank
Accounts
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Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
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Unavailable |
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Property Interestsfor Company
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Title Deed No. |
None |
Erf/Site No. |
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Deeds Office |
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Physical Address |
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Property Type |
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Extent / Size |
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Purchase Date |
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Purchase price |
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% Ownership |
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Bond Holder |
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Bond Number |
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Bond Amount |
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Financial
Estimates
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CURRENT ASSETS |
Unavailable |
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Stock |
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Debtors |
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FIXED ASSETS |
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Plant, Equipment, Vehicles |
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Property |
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CURRENT LIABILITIES |
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Creditors |
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Loans/ From? |
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LONG TERM LIABILITIES |
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Morgage Bonds |
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Previous Year Turnover |
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Estimated Current Year Turnover |
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Current Turnover per month |
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Current Turnover per annum |
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Please note the
following:
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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 |
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Average Age of Active Principals |
85 |
Active Principals
Principal 1 of 1: SIMON ARCUS
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Surname |
ARCUS |
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First Name |
SIMON |
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Other Names |
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Marital Status |
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ID Number |
5505195143089 |
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Verified ID Number |
Yes |
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Current Age |
57 |
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Designation |
Director |
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Status |
Active |
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Appointment Date |
2000-11-27 |
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Physical Address (at time of Appointment) |
8 Avenue DE Berrange FRESNAYE 8005 |
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Postal Address |
PO Box 3973 CAPE TOWN 8000 |
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Current Tel Number |
021 5117000 |
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Cell number |
082 8985885 |
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Current Fax Number |
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Current Email Address |
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Shareholding |
(if the principal owns shares) |
Adverse Information for: SIMON ARCUS
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for: SIMON ARCUS
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
BOWMAX PROPETIES (PTY) LTD |
M1982/010873/07 |
In Business |
29 Years 3 Months |
0 |
No |
Previous
Business Interests
|
Average Age of
Previous Business Interests |
None |
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Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
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Deeds Information
Property
Interestsfor: SIMON ARCUS
|
Title Deed No. |
None |
Erf/Site No. |
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Deeds Office |
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Physical Address |
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Property Type |
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Extent / Size |
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Purchase Date |
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Purchase price |
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% Ownership |
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Bond Holder |
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Bond Number |
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Bond Amount |
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Principal 2 of 4: DAVID BARNETT
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Surname |
BARNET |
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First Name |
DAVID |
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Other Names |
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Marital Status |
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ID Number |
3409135034007 |
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Verified ID Number |
Yes |
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Current Age |
78 |
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Designation |
Director |
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Status |
Active |
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Appointment Date |
1999-08-01 |
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Physical Address (at time of Appointment) |
808 Bordeaux, Beach Road Sea Point CAPE TOWN 8001 |
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Postal Address |
PO Box 43281 WOODSTOCK 7195 |
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Current Tel Number |
021 5117818 |
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Cell number |
083 4634649 |
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Current Fax Number |
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Current Email Address |
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Shareholding |
(if the principal owns shares) |
Adverse
Information for :DAVID BARNETT
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for :DAVID BARNETT
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
EXCLUSIVE BATHROOM CC |
1991/004673/23 |
In Business |
21 Years |
0 |
No |
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CAPE TOWN PLUMING SUPPLIES CC |
1991/004710/23 |
In Business |
21 Years |
0 |
No |
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INDUSCOR CC |
1991/00494/23 |
In Business |
21 Years |
0 |
No |
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TRACY HAZEL CC |
2007/201115/23 |
In Business |
4 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 |
|
BARIPCIL CC |
1988/020450/23 |
Deregistration Final |
23 Years 6 Months |
0 |
No |
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INDUSCOR OFFICE SYSTEM CC |
1991/004944/23 |
Deregistration Final |
21 Years |
0 |
No |
|
UNION TILE AND BUILDERS SUPPLY CC |
1991/004709/23 |
Deregistration Final |
21 Years |
0 |
No |
|
PLUMB GRAZY NATAL CC |
1994/031185/23 |
Deregistration Final |
17 Years 5 Months |
0 |
No |
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W D D PROPETIES CC |
1995/005530/23 |
Deregistration Final |
17 Years |
0 |
No |
|
INDUSCOR INVESTMENT CC |
1992/029618/23 |
In Business |
19 Years 4 Months |
0 |
No |
|
JUST-IN PLUMBING CC |
1998/050057/23 |
Deregistration Final |
13 Years 6 Months |
0 |
No |
|
BUNKER HILLS INVESTMENTS 103 (PTY) LTD |
1999/007577/07 |
Deregistration Final |
12 Years 10 Months |
0 |
No |
|
HENRY FITTINGS (PTY) LTD |
2000/025123/07 |
In Business |
11 Years 4 Months |
0 |
No |
|
SPLASHWORKS (PTY) LTD |
2001/024773/07 |
In Business |
10 Years 4 Months |
0 |
No |
|
MULTIDIRECT INVESTMENTS 132 (PTY) LTD |
2002/024005/07 |
Deregistration Final |
9 Years 5 Months |
0 |
No |
|
ZAR DIRECT DISTRIBUTORS (PTY) LTD |
2003/013324/07 |
Deregistration Process |
8 Years 8 Months |
0 |
No |
|
DORMELL PROPERTIES 331 (PTY) LTD |
2004/015528/07 |
Deregistration Final |
7 Years 8 Months |
0 |
No |
Deeds Information
Property Interestsfor :DAVID BARNETT
|
Title Deed No. |
None |
Erf/Site No. |
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Deeds Office |
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Physical Address |
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Property Type |
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Extent / Size |
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Purchase Date |
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Purchase price |
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% Ownership |
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Bond Holder |
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Bond Number |
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Bond Amount |
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Principal 3 of 4: GILLIAN MARGARET BARNETT
|
Surname |
BARNETT |
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First Name |
GILLIAN |
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Other Names |
MARGARET |
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Marital Status |
|
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ID Number |
5505040000000 |
|
Verified ID Number |
No |
|
Current Age |
Unknown |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
Unknown |
|
Physical Address (at time of Appointment) |
Elim Victoria Road HOUT BAY 7800 |
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Postal Address |
PO Box 43281 WOODSTOCK 7915 |
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Current Tel Number |
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Cell number |
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Current Fax Number |
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Current Email Address |
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Shareholding |
(if the principal owns shares) |
Adverse
Information for :GILLIAN MARGARET BARNETT
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for :GILLIAN MARGARET BARNETT
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
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Previous Business Interests
|
Average Age of Previous
Business Interests |
None |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
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|
Deeds Information
Property Interestsfor :GILLIAN MARGARET BARNETT
|
Title Deed No. |
None |
Erf/Site No. |
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Deeds Office |
|
Physical Address |
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Property Type |
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Extent / Size |
|
|
Purchase Date |
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Purchase price |
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% Ownership |
|
Bond Holder |
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|
Bond Number |
|
Bond Amount |
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Principal 4 of 4: DARIEN DEBORAH ARCUS
|
Surname |
ARCUS |
|
First Name |
DARIEN |
|
Other Names |
DEBORAH |
|
Marital Status |
|
|
ID Number |
5409070000000 |
|
Verified ID Number |
No |
|
Current Age |
Unknown |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
Unknown |
|
Physical Address (at time of Appointment) |
5 Avenue Branksome FRESNAYE 8005 |
|
Postal Address |
PO Box 43281 WOODSTOCK 7915 |
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Current Tel Number |
|
|
Cell number |
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Current Fax Number |
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|
Current Email Address |
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Shareholding |
(if the principal owns shares) |
Adverse
Information for :DARIEN DEBORAH ARCUS
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for :DARIEN DEBORAH ARCUS
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Previous Business Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Deeds Information
Property Interestsfor: DARIEN DEBORAH ARCUS
|
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 |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.21 |
|
UK Pound |
1 |
Rs.77.75 |
|
Euro |
1 |
Rs.64.58 |
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.