MIRA INFORM REPORT
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Report Date : |
20.01.2012 |
IDENTIFICATION DETAILS
|
Name : |
SAN MARCO TILE CENTRE CC |
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Registered Office : |
P O Box 751728, Gardenview 204797 Dam Road, Anderbolt Boksburg Gauteng
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Country : |
South Africa |
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Date of Incorporation : |
--- |
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Com. Reg. No.: |
1996/060140/23 |
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Legal Form : |
Closed Corporation |
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Line of Business : |
--- |
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No. of Employees
: |
--- |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not recommended |
|
Status : |
Liquidated |
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Payment
Behaviour : |
Unknown |
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Litigation : |
---- |
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
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
South Africa |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
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 |
Company details
Company details
|
Subject Name |
ODYSSEY HOUSE (PTY) LTD |
|
Country |
SOUTH AFRICA |
|
Requested Credit Limit |
$1 500 000 |
|
Enquiry Terms |
D/A |
|
Account Review |
EVERY 6 MONTHS |
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Subject Contact person |
JODI KAPLAN |
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Assessment |
Total Credit Limit Exposure: Total Suretyship: On investigation an email questionnaire was sent to the Financial Manager. She is currently busy however has received the questionnaire and will contact us when she is available. Please see the available information below, and as soon as full detail are available they will be forwarded. |
Company Information
|
Registered Name |
ODYSSEY
HOUSE (PTY) LTD |
|
Trading as/ Division Name |
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|
Previous Name |
RICHTRAU NO 146 |
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Date of Name Change |
2007-12-11 |
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Registration Number |
2006/029460/07 |
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Registration Date |
2006-09-20 |
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Date Commenced Trading |
2006-09-20 |
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Age of Business |
|
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History of Business |
The subject took over operations and assets of a company called SAN
MARCO TILE CENTRE CC in 2008. |
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History of Principals |
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Shareholders and % holding |
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Authorised Share Capital |
1000.0000 |
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Issued Share Capital |
100 |
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Status |
In Business |
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Operations Assessment |
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Industry/ Customers |
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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 |
19 North Reef Road Bedfordview East GERMISTON 1401 |
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Head Office Postal Address |
PO Box 3409 Bedfordview 2008 |
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Current Tel Number |
011 9185627/ 011 4660003 (JODI) |
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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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Auditors Information
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Company Registered Name |
PKF (JHB) INCORPORATED |
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Trading Name |
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Registration Number |
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Physical Address |
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Postal Address |
Suite 200 Private Bag X30500 HOUGHTON 2041 |
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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 |
6 |
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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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MERVITZ AND
MALAN CHARTERED ACCOUNTANTS INCORPORATED |
|
Unknown |
Tax
Information
|
Vat Number |
4360241758 |
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Status |
Suspended |
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Vat Liable Date |
2006-09-20 |
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Tax Number |
9525822152 |
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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 |
Yes/No |
ISO
Status
|
Type of ISO Grade |
Unavailable |
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ISO Certificate |
Yes/No |
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ISO Certificate Available |
Yes/No |
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Certified by an Accredited Agent |
Yes/No |
Workman’s
compensation
|
Registered |
Unavailable |
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Compliance Certified |
Yes/No |
Company
Structure
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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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 |
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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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7. 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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Unavailable |
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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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Management Overview
Organisation chart
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Level |
Position |
Name |
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Unavailable |
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Company Structure (Ownership)
Note: One level up and
all levels down
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Holding |
Company |
Sub |
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Unavailable |
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Trade
References
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
|
Judgements |
None |
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Possible
Judgements |
None |
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Civil Court |
None |
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RDs |
None |
Judgements
|
Case Number |
No information on record |
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Amount |
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Reason |
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Court Name |
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Judgement Type |
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Judgement Date |
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Plaintiff
(Multiple) |
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Business
Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
|
None |
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Default
Listings
|
Date |
Details |
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None |
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Notarial
Bonds
|
Date |
Details |
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None |
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Bank
Information
|
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 |
Yes/No |
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Date Opened |
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Bank Code |
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Bank Comment |
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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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None |
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Previous
Bank Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
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None |
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Deeds Information
Property Interests for Company
|
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 Information
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:
|
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 |
3 |
|
Average Age of Active Principals |
49 |
Active Principals
Principal 1 of 3: FELIX PIGNANELLI
|
Surname |
PIGNANELLI |
|
First Name |
FELIX |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
7202275095086 |
|
Verified ID Number |
Yes |
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Current Age |
40 |
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Designation |
Managing Member |
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Status |
Active |
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Appointment Date |
2008-11-04 |
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Physical Address (at time of Appointment) |
5 Villa Deste Harcus Road BEDFORDVIEW 2008 |
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Postal Address |
PO Box 751728 GARDENVIEW 2047 |
|
Current Tel Number |
011 9183800 |
|
Cell number |
083 3033764 |
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Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse Information for: FELIX PIGNANELLI
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for: FELIX PIGNANELLI
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
ODYSSEY HOUSE (PTY) LTD |
2006/029460/07 |
In Business |
5 Years 4 Months |
0 |
No |
|
ELEGANT LINE TRADING 540 CC |
2006/039662/23 |
Deregistration
Process |
5 Years 10
Months |
0 |
No |
|
A AND F PIGNANELLI INVESTMENTS CC |
B2003/000518/23 |
In Business |
9 Years |
0 |
No |
|
MOSAICO VERO (PTY) LTD |
M2009/000810/07 |
In Business |
3 Years |
0 |
No |
Previous
Business Interests
|
Average Age of
Previous Business Interests |
8 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
DAIMOND DUO PROPERTIES 221 CC |
2002/090061/23 |
Voluntary
Liquidation |
9 Years 3 Months |
0 |
Yes |
|
WCE FOODS CC |
2005/035892/23 |
Deregistration
Final |
6 Years 10
Months |
0 |
No |
|
MEONDO TRADING 126 CC |
2005/053571/23 |
Voluntary
Liquidation |
6 Years 8 Months |
0 |
Yes |
|
SAN MARCO TILE CENTRE (BRYANSTON) CC |
2005/141309/23 |
Deregistration
Final |
6 Years 3 Months |
0 |
No |
|
SAN MARCO TILE CENTRE CC |
B1996/060140/23 |
Voluntary Liquidation |
15 Years 2
Months |
0 |
Yes |
Deeds Information
Property
Interests for: FELIX PIGNANELLI
|
Title Deed No. |
T73402/2007 |
Erf/Site No. |
|
|
Deeds Office |
JOHANNESBURG |
Physical Address |
BEDFORDVIEW GERMISTON |
|
Property Type |
Freehold / Ervin |
Extent / Size |
599.0SQM |
|
Purchase Date |
2007-10-01 |
Purchase price |
R
3 600 000,00 |
|
% Ownership |
0.0000 |
Bond Holder |
NEDBANK LTD |
|
Bond Number |
B1032032007 |
Bond Amount |
R
2 800 000,00 |
|
Title Deed No. |
T7418/2004 |
Erf/Site No. |
|
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
|
|
Property Type |
Freehold / Ervin |
Extent / Size |
411.0 SQM |
|
Purchase Date |
2003-10-27 |
Purchase price |
R
300 000,00 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0,00 |
Principal
2 of 3: DUNCAN GEORGE TAYLOR
|
Surname |
TAYLOR |
|
First Name |
DUNCAN |
|
Other Names |
GEORGE |
|
Marital Status |
Unavailable |
|
ID Number |
4910205026004 |
|
Verified ID Number |
No |
|
Current Age |
63 |
|
Designation |
Businessman |
|
Status |
Active |
|
Appointment Date |
2008-11-04 |
|
Physical Address (at time of Appointment) |
20 Japonica Street Welgedacht BELVILLE 7535 |
|
Postal Address |
PO Box 36610 CHEMPET 7442 |
|
Current Tel Number |
021 9132754 |
|
Cell number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse Information for: DUNCAN GEORGE
TAYLOR
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for: DUNCAN GEORGE
TAYLOR
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
ODYSSEY HOUSE (PTY) LTD |
2006/029460/07 |
In Business |
5 Years 4 Months |
0 |
No |
|
GOVEST FIVE CC |
B1998/041762/23 |
In Business |
13 Years 6
Months |
0 |
No |
|
BLISS BOATS CC |
B2008/077552/23 |
In Business |
3 Years 9 Months |
0 |
No |
|
TAYLOR’S WINDOW BLINDS (TRANSVAAL) (PTY) LTD |
2005/030916/07 |
In Business |
6 Years 4 Months |
0 |
No |
|
TAYLOR’S WINDOW BLINDS (PTY) LTD |
M2005/030916/07 |
In Business |
6 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: DUNCAN GEORGE TAYLOR
|
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 3 of 3: DAVID NIJLAND
|
Surname |
NIJLAND |
|
First Name |
DAVID |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
6602025084002 |
|
Verified ID Number |
Yes |
|
Current Age |
46 |
|
Designation |
Managing Director |
|
Status |
Active |
|
Appointment Date |
2008-11-04 |
|
Physical Address (at time of Appointment) |
13 Bonaire Denise St Rivonia MORNINGSIDE 2057 |
|
Postal Address |
PO Box 5812 RIVONIA 2128 |
|
Current Tel Number |
011 4660003 |
|
Cell number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse
Information for: DAVID NIJLAND
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: DAVID NIJLAND
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
CHRISBANISTEL INVESTMENTS (PTY) LTD |
1969/004463/07 |
In Business |
42 Years 10
Months |
0 |
No |
|
ACTION TRADERS (SUNNYSIDE) CC |
1993/032182/23 |
In Business |
18 Years 1 Month |
0 |
No |
|
ERF 287 KYALAMI ESTATE EXTENSION 1 CC |
1996/009412/23 |
Conversion CO/CC
or CC/CO |
15 Years 11
Months |
0 |
No |
|
CATWALK INVESTMENTS 170 (PTY) LTD |
1999/003407/07 |
In Business |
12 Years 11
Months |
0 |
No |
|
BIZ AFRIKA 706 (PTY) LTD |
1999/019436/07 |
In Business |
12 Years 4
Months |
0 |
No |
|
DREAMTEAM TRADING 617 CC |
2002/032242/23 |
In Business |
9 Years 9 Months |
0 |
No |
|
SHADES APART INVESTMENTS 80 CC |
2002/044293/23 |
In Business |
9 Years 7 Months |
0 |
No |
|
ODYSSEY HOUSE (PTY) LTD |
2006/029460/07 |
In Business |
5 Years 4 Months |
0 |
No |
Previous Business Interests
|
Average Age of
Previous Business Interests |
13 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
STAND 731 ALRODE SOUTH EXTENSION 17 CC |
1991/023498/23 |
Deregistration
Final |
20 Years 4
Months |
0 |
No |
|
KING PIE (JOHANNESBURG SOUTH) (PTY) LTD |
1994/006872/07 |
Deregistration
Final |
17 Years 4
Months |
0 |
No |
|
DARTPROPS 27 (PTY) LTD |
1995/007710/07 |
Deregistration
Final |
16 Years 6
Months |
0 |
No |
|
ERF 244 KYALAMI ESTATE EXTENSION 1 CC |
1996/024925/23 |
Deregistration
Final |
15 Years 8
Months |
0 |
No |
|
ASSET MOTOR CONSULTANTS CC |
1998/009466/23 |
Deregistration
Final |
13 Years 11
Months |
0 |
No |
|
ENATE PROPERTIES 4 CC |
2002/008410/23 |
In Business |
10 Years |
0 |
No |
|
SHADES APART INVESTMENTS 78 CC |
2002/044287/23 |
In Business |
9 Years 7 Months |
0 |
No |
|
BISCUIT CITY CC |
B1996/035806/23 |
In Business |
15 Years 6
Months |
0 |
No |
Deeds Information
Property Interests for: DAVID NIJLAND
|
Title Deed No. |
T161631/2004 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
Kyalami Estate
Midrand |
|
Property Type |
Freehold / Ervin |
Extent / Size |
2293.0 SQM |
|
Purchase Date |
2002-07-05 |
Purchase price |
R
255 000,00 |
|
% Ownership |
0.0000 |
Bond Holder |
|
|
Bond Number |
K82982004S |
Bond Amount |
R 0,00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.29 |
|
UK Pound |
1 |
Rs.77.60 |
|
Euro |
1 |
Rs.64.67 |
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.