MIRA
INFORM REPORT
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Report Date : |
30.01.2012 |
IDENTIFICATION DETAILS
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Name : |
PATH FINDER ADVENTURE BOOKS CC |
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Formerly Known As : |
PATH FINDER BOOK PUBLISHERS NAME HAVING BEEN CHANGED |
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Registered Office : |
75 Malibongwe Drive, Ext Linden |
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Country : |
South Africa |
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Date of Incorporation : |
2005 |
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Com. Reg. No.: |
2005/011827/23 |
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Legal Form : |
Close Corporation |
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Line of Business : |
Publishing Activate |
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No. of Employees : |
3 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No complaints |
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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 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
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 |
Assessment
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Total Credit Limit Exposure: R 200 000 This is an established company that utilises sub-contractors. The one obtainable trade reference is sporadic and being paid within terms. Please bear in mind the absence of the bank code and financial information. We cannot recommend a maximum figure based on the information we have obtained. |
Company Information
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Registered Name |
PATH FINDER ADVENTURE BOOKS CC |
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Trading as/ Division Name |
PATH FINDER ADVENTURE BOOKS |
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Previous Name |
PATH FINDER BOOK PUBLISHERS |
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Date of Name Change |
Unavailable |
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Registration Number |
2005/011827/23 |
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Registration Date |
2005 |
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Date Commenced Trading |
Feb 2011 |
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Age of Business |
6 Years 11 Months |
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History of Business |
Started as a new business |
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History of Principals |
Unavailable |
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Shareholders and % holding |
100% PIERRE VAN DER WALT |
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Authorised Share Capital |
R100 |
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Issued Share Capital |
R100 |
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Status |
In Business |
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Operations Assessment |
Publishing |
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Industry/ Customers |
Unavailable |
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Export |
Yes – The company mainly
exports its products |
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Major Industry Code / SICC |
324 |
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Definition of Code |
Publishing |
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Head Office Physical Address |
No 90 Fifth Avenue North FONTAINEBLEAU 2194 |
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Head Office Postal Address |
PO
Box 1314 PINEGOWRIE 2123 |
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Current Tel Number |
011 9923134 |
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Cell number |
082 4543018 |
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Current Fax Number |
086 2720089 |
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Current Email Address |
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Web Site Address |
Auditors Information
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Company Registered Name |
ODENDAAL AND COMPANY |
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Trading Name |
LIEBWACHTER FINANCIAL SERVICES CC |
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Registration Number |
1995/053646/23 |
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Physical Address |
75 Malibongwe Drive Ext Linden |
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Postal Address |
PO Box 2481 NORTHCLIFF 2115 |
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Contact Person |
LIEZEL BAYNE / ANNALIE COETZEE |
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Contact Number |
011 8888088 |
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Email |
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Principals |
HERMAN ODENDAAL |
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Judgements Against Subject |
None |
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Judgements Against Principals |
None |
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Subject Verified as Client |
Yes |
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SAICA number |
Unavailable |
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VAT Number |
4680183292 |
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Tax Number |
9351820841 |
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BEE Status |
None |
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Financial Year End |
September |
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Years With Auditors |
Unavailable – Fairly new |
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Website |
Unavailable |
Previous Auditors
|
Company Name |
Phone Number |
Time with previous auditors |
|
GAIL
KILLIAN |
|
Unknown |
Tax Information
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Vat Number |
4770258772 |
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Status |
Active |
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Vat Liable Date |
Bi Monthly |
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Tax Number |
9220873153 |
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Tax Clearance Expire Date |
August |
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Financial Year End |
August |
Black Economic
Empowerment
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Status |
None |
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Score |
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Expire Date |
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BEE Certificate Available |
None |
ISO Status
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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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Workman’s
compensation
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Registered |
None |
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Compliance Certified |
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Company Structure
Subsidiaries
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Subsidiary Company |
None |
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Shareholding |
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Registration Number |
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Import / Export |
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Number
of Employees |
3 |
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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 |
Occasionally
Employ Sub Contracted Employees |
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
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Fleet Operations |
Declined |
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The Fleet is made up of |
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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 |
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Head Office Owned/ Rented |
Private premises of Mr. Van Der Walt |
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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 |
Seems to be the home for Mr. VAN DER WALT |
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Branches Names |
Country |
Province |
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None |
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Branches Owned/ Rented |
None |
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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
|
Level |
Position |
Name |
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1 |
Owner |
Pierre Van Der Walt |
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Company Structure
(Ownership)
Note: One level
up and all levels down
|
Holding |
Company |
Sub |
|
100 % |
PATHFINDER ADVENTURE BOOKS CC |
None |
Trade References
Key
deals signed within the past 12 months.
|
Company |
Value |
Contact |
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Declined |
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Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
|
1 |
FUTURE
PUBLISHING |
Richard Lentrim 011 8032141 |
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2
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LASER
SHOT SA |
Mike Mercel 011 803 7181 |
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Trade References
Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
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1 |
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2 |
1 Year |
R
200 000 |
R
200 000 |
90
Days |
Only
does business with the supplier roughly 3 times a year |
90
Days |
Very
Good. Subject
Company does pay within the 90 Days |
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
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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 |
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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 |
Declined |
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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 |
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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 |
|
Extent / Size |
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Purchase
Date |
|
Purchase price |
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%
Ownership |
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Bond Holder |
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|
Bond
Number |
|
Bond Amount |
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Financial Information
Financial
Estimates
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CURRENT ASSETS |
Declined |
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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 |
1 |
|
Average Age of Active Principals |
PIERRE VAN DER WALT |
Active
Principals
Principal 1 of 1: PIERRE VAN DER WALT
|
Surname |
VAN DER WALT |
|
First Name |
PIERRE |
|
Other Names |
Unavailable |
|
Marital Status |
Unavailable |
|
ID Number |
5806255007085 |
|
Verified ID Number |
No |
|
Current Age |
54 |
|
Designation |
Owner |
|
Status |
Active |
|
Appointment Date |
2011-06-23 |
|
Physical Address (at time of
Appointment) |
No 90 Fifth Avenue North FONTAINBLEAU 2194 |
|
Postal Address |
PO Box 1314 PINEGOWRIE 2123 |
|
Current Tel Number |
011 7923134 |
|
Cell number |
082 4543018 |
|
Current Fax Number |
086 2720089 |
|
Current Email Address |
|
|
Shareholding |
100% |
Adverse Information for:
PIERRE VAN DER WALT
Judgement
|
Number
of Judgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for:
PIERRE VAN DER WALT
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
AFRICAN SAFARI BROKERS CC |
2003/073785/23 |
In
Business |
8
Years 4 Months |
0 |
No |
|
PATHFINDER ADVENTURE BOOKS CC |
B2005/011827/23 |
In
Business |
6
Years 11 Months |
0 |
No |
Previous Business Interests
|
Average
Age of Previous Business Interests |
9 Years 2 Months |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
AIM SHOOTERS SHOW CC |
2001/041793/23 |
Voluntary
Liquidation |
10
Years 7 Months |
0 |
Yes |
|
LASER SHOT SA CC |
2004/036557/23 |
In
Business |
7
Years 9 Months |
0 |
No |
Deeds Information
Property Interests for: PIERRE VAN DER WALT
|
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 |
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.64 |
|
|
1 |
Rs.77.79 |
|
Euro |
1 |
Rs.65.04 |
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.