MIRA
INFORM REPORT
|
Report Date : |
31.01.2012 |
IDENTIFICATION DETAILS
|
Name : |
TONY NICOLELLA CARPETS-PARAS CARPET IMPORTS CC |
|
|
|
|
Registered Office : |
565 Nupen Cres, Halfway House, Midrand, 1685 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
04.03.1988 |
|
|
|
|
Com. Reg. No.: |
1988/006580/23 |
|
|
|
|
Legal Form : |
Close Corporation |
|
|
|
|
Line of Business : |
Not Available |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
South Africa |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Assessment
|
On investigation contact was made with the owner, MR NICOLLELA, who felt that it is not necessary to divulge any of the requested information. If you could assist in providing additional information regarding the source of the request and reason, it would be appreciated. |
Please see the available information below
Company Information
|
Registered Name |
TONY NICOLELLA CARPETS-PARAS CARPET IMPORTS CC |
|
Trading as/ Division Name |
TONY NICOLELLA |
|
Previous Name |
Unavailable |
|
Date of Name Change |
Unavailable |
|
Registration Number |
1988/006580/23 |
|
Registration Date |
1988-03-04 |
|
Date Commenced Trading |
1988-03-04 |
|
Age of Business |
23 Years 10 Months |
|
History of Business |
Unavailable |
|
History of Principals |
Unavailable |
|
Shareholders and % holding |
Unavailable |
|
Authorised Share Capital |
Unavailable |
|
Issued Share Capital |
Unavailable |
|
Status |
Deregistration Final |
|
Operations Assessment |
Unavailable |
|
Industry/ Customers |
Unavailable |
|
Export |
Unavailable |
|
Major Industry Code / SICC |
Unavailable |
|
Definition of Code |
Unavailable |
|
Head Office Physical Address |
6 Alexandra Avenue Halfway House 1685 |
|
Head Office Postal Address |
PO Box 785501 Shop 221 Sandton City |
|
Current Tel Number |
011 7833779 |
|
Cell number |
Unavailable |
|
Current Fax Number |
011 7833910 |
|
Current Email Address |
Unavailable |
|
Web Site Address |
Unavailable |
Auditors Information
|
Company Registered Name |
EAVE INC |
|
Trading Name |
Unavailable |
|
Registration Number |
2003/015014/21 |
|
Physical Address |
565 Nupen Cres Halfway House MIDRAND 1685 |
|
Postal Address |
PO Box 3593 Halfway House 1685 |
|
Contact Person |
KEITH EAVE |
|
Contact Number |
011 3153248 |
|
Email |
|
|
Principals |
KEITH EAVE |
|
Judgements Against Subject |
None |
|
Judgements Against Principals |
None |
|
Subject Verified as Client |
Yes |
|
SAICA number |
15911 |
|
VAT Number |
Unavailable |
|
Tax Number |
9524316156 |
|
BEE Status |
Level 4 |
|
Financial Year End |
February |
|
Years With Auditors |
More Than 20 Years |
|
Website |
Unavailable |
Previous Auditors
|
Company Name |
Phone Number |
Time with previous auditors |
|
None |
|
|
Tax Information
|
Vat Number |
4260222049 |
|
Status |
Suspended |
|
Vat Liable Date |
2005-10-01 |
|
Tax Number |
9605367847 |
|
Tax Clearance Expire Date |
February |
|
Financial Year End |
February |
Black Economic Empowerment
|
Status |
Unavailable |
ISO Status
|
Type of ISO Grade |
Unavailable |
|
ISO Certificate |
Yes/No |
|
ISO Certificate Available |
Yes/No |
|
Certified by an Accredited
Agent |
Yes/No |
Workman’s compensation
|
Registered |
Unavailable |
|
Compliance Certified |
Yes/No |
Company Structure
Subsidiaries
|
Subsidiary Company |
Unavailable |
|
Shareholding |
|
|
Registration Number |
|
|
Import / Export |
|
|
Subsidiary Company |
Unavailable |
|
Shareholding |
|
|
Registration Number |
|
|
Import / Export |
|
|
Number
of Employees |
Unavailable |
|
1. Salaried employees |
|
|
2. Waged employees |
|
|
3. Permanent employees |
|
|
4. Casual employees |
|
|
5. Contracted employees |
|
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
|
Fleet Operations |
Unavailable |
|
|
|
|
The Fleet is made up of |
|
|||
|
1. Cars |
|
|
|
|
|
2. Light Delivery Vehicles |
|
|
|
|
|
3. Trailers |
|
|
|
|
|
4. Busses |
|
|
|
|
|
5. Trucks |
|
|
|
|
|
6. Fork Lifts |
|
|
|
|
|
7. Other |
|
|
|
|
|
Offices |
Unavailable |
Head Office Owned/ Rented |
|
|
Rental Company |
|
|
Owned by |
|
|
Value |
|
|
Bond |
|
|
Bank |
|
|
Lease Agreement |
|
|
Lease Expire Date |
|
|
Type of Premises |
|
|
Branches Names |
Country |
Province |
|
Unavailable |
|
|
Branches Owned/ Rented |
Unavailable |
|
Rental Company |
|
|
Owned |
|
|
Value |
|
|
Bank |
|
|
Bond |
|
|
Lease Agreement |
|
|
Lease Expire Date |
|
|
Type of Premises |
|
Management Overview
|
Level |
Position |
Name |
|
Unavailable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Company Structure
(Ownership)
Note: One
level up and all levels down
|
Holding |
Company |
Sub |
|
Unavailable |
|
|
|
|
|
|
Trade References
Key deals signed within the past 12 months.
|
Company |
Value |
Contact |
|
Unavailable |
|
|
|
|
|
|
|
|
|
|
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
|
1 |
Unavailable |
|
|
|
|
2
|
|
|
|
|
|
3 |
|
|
|
|
Trade
References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
Unavailable |
|
|
|
|
|
|
|
2 |
|
|
|
|
|
|
|
|
3 |
|
|
|
|
|
|
|
Adverse Information on Subject
Judgements
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil
Court |
None |
|
RDs |
None |
Judgements
|
Case
Number |
No information on record |
|
Amount |
|
|
Reason |
|
|
Court
Name |
|
|
Judgement
Type |
|
|
Judgement
Date |
|
|
Plaintiff
(Multiple) |
|
Business
Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
|
None |
|
|
|
Default
Listings
|
Date |
Details |
|
None |
|
Notarial
Bonds
|
Date |
Details |
|
None |
|
Bank Information
|
Bank |
Unavailable |
|
Branch |
|
|
Bank Account Number |
|
|
Type of Account |
|
|
Account Name |
|
|
Overdraft Facilities |
Yes/No |
|
Date Opened |
|
|
Bank Code |
|
|
Bank Comment |
|
Bank
Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
Years with bank |
|
Unavailable |
|
|
|
|
|
|
|
Previous
Bank Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
Unavailable |
|
|
|
|
|
Deeds Information
Property Interests for Company
|
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 |
|
Financial Information
Financial
Estimates
|
CURRENT ASSETS |
Unavailable |
|
Stock |
|
|
Debtors |
|
|
FIXED ASSETS |
|
|
Plant, Equipment, Vehicles |
|
|
Property |
|
|
CURRENT LIABILITIES |
|
|
Creditors |
|
|
Loans/ From? |
|
|
LONG TERM LIABILITIES |
|
|
Morgage Bonds |
|
|
Previous Year Turnover |
|
|
Estimated Current Year Turnover |
|
|
Current Turnover per month |
|
|
Current Turnover per annum |
|
Please
note the following:
|
Turnover and assets less than R
1,000,000.00 |
The subject falls within the National Credit Act |
|
Turnover and assets less than R
2,000,000.00 |
The subject falls within the Consumer Protection Act |
Principals
|
Number of Principals |
1 |
|
Average Age of Active Principals |
84 |
Active
Principals
Principal 1 of 1: ANTONIO NICOLELLA
|
Surname |
Nicolella |
|
First Name |
Antonio |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
2811095033104 |
|
Verified ID Number |
Yes |
|
Current Age |
84 |
|
Designation |
Unavailable |
|
Status |
Active |
|
Appointment Date |
Unavailable |
|
Physical Address (at time of
Appointment) |
37 The Downs International Road Magaliessig FOURWAYS 1685 |
|
Postal Address |
PO Box 785501 Shop 221 Sandton City |
|
Current Tel Number |
011 4654194 |
|
Cell number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailabe |
|
Shareholding |
100.0000 |
Adverse Information for:
ANTONIO NICOLELLA
Judgement
|
Number
of Judgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for:
ANTONIO NICOLELLA
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
NICOTELA
ORIENTAL AND PERSIAN CARPETS CC |
2006/117912/23 |
Deregistration
Process |
5
Years 6 Months |
0 |
No |
Previous Business Interests
|
Average
Age of Previous Business Interests |
7 years |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
TONY
NICOLELLA CC |
1988/006580/23 |
Deregistration
Final |
23
Years 10 Months |
0 |
No |
|
ODENDAALRUS
DRANKWINKEL CC |
1990/024074/23 |
Deregistration
Final |
21
Years 6 Months |
0 |
No |
|
ART
AND PEN FOURWAYS CC |
2002/032783/23 |
Deregistration
Final |
9
Years 8 Months |
0 |
No |
Deeds Information
Property Interests for: ANTONIO NICOLELLA
|
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.49.50 |
|
|
1 |
Rs.77.73 |
|
Euro |
1 |
Rs.65.18 |
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.