|
Report Date : |
09.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
BLUE ATLANTIC TRADING (PTY)LTD |
|
|
|
|
Registered Office : |
4 Vivra Road,
Philippi, Cape Town |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
13.03.1995 |
|
|
|
|
Com. Reg. No.: |
M1995/002218/07 |
|
|
|
|
Legal Form : |
Private Limited |
|
|
|
|
Line of Business : |
Wholesale and retail markets |
|
|
|
|
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 : |
No complaints |
|
Litigation : |
Clears |
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
South Africa |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Subject Name |
BLUE
ATLANTIC TRADING (PTY)LTD |
|
Country |
SOUTH
AFRICA |
|
Enquiry Terms |
D/A |
|
Account Review |
Every
6 Months |
|
Subject Contact person |
TERENCE
COTTLE - DIRECTOR |
|
Assessment |
On investigation
we made contact with the subject and we were referred to the Director MR.
TERENCE COTTLE. MR.
COTTLE requested that we send him a questionnaire. MR.
COTTLE requested more time to complete the questionnaire. We
still await further information on the subject. Please
see available information on the subject below. |
|
Company
Registered Name |
DELOITE AND TOUCHE |
|
Trading
Name |
DELOITE AND TOUCHE |
|
Registration
Number |
Unavailable |
|
Physical
Address |
1ST Floor
The Square Cape quarter ext 27 Somerset Road GREENPOINT |
|
Postal
Address |
PO Box 578 CAPE TOWN 8000 |
|
Contact
Person |
MARK HOLMES |
|
Contact
Number |
021 4275300 |
|
Email |
Unavailable |
|
Principals |
250 Partners
Countrywide |
|
Judgements
Against Subject |
Unavailable |
|
Judgements
Against Principals |
Unavailable |
|
Subject
Verified as Client |
Yes |
|
SAICA
number |
904899E |
|
VAT
Number |
Unavailable |
|
Tax
Number |
Unavailable |
|
BEE
Status |
Level 2 |
|
Financial
Year End |
May |
|
Years
With Auditors |
1 |
|
Website |
|
Company Name |
Phone Number |
Time with previous auditors |
|
JOSMAN AND SIDEL |
Unavailable |
16 Years |
|
Vat
Number |
4770213777 |
|
Status |
Active |
|
Vat
Liable Date |
2004-09-20 |
|
Tax
Number |
9740988036 |
|
Tax
Clearance Expire Date |
Unavailable |
|
Financial
Year End |
September |
|
Status |
Unavailable |
|
Score |
|
|
Expire
Date |
|
|
BEE
Certificate Available |
|
|
Type
of ISO Grade |
Unavailable |
|
ISO
Certificate |
|
|
ISO
Certificate Available |
|
|
Certified
by an Accredited Agent |
|
|
Registered |
Unavailable |
|
Compliance
Certified |
Unavailable |
Subsidiaries
|
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 |
|
|
Level |
Position |
Name |
|
Unavailable |
|
|
Note: One level up and all levels down
|
Holding |
Company |
Sub |
|
Unavailable |
|
|
|
Company |
Value |
Contact |
|
Unavailable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
|
1 |
Unavailable |
|
|
|
|
2 |
|
|
|
|
|
3 |
|
|
|
|
|
4 |
|
|
|
|
|
5 |
|
|
|
|
Trade References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
Unavailable |
|
|
|
|
|
|
|
2 |
|
|
|
|
|
|
|
|
3 |
|
|
|
|
|
|
|
|
4 |
|
|
|
|
|
|
|
Judgements
|
Judgements |
None |
|
Possible Judgements |
None |
|
Civil Court |
None |
|
RDs |
None |
Business Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
|
None |
|
|
|
Default Listings
|
Date |
Details |
|
None |
|
Notarial Bonds
|
Date |
Details |
|
None |
|
|
Bank |
Unavailable |
|
Branch |
|
|
Bank Account Number |
|
|
Type of Account |
|
|
Account Name |
|
|
Overdraft Facilities |
|
|
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 |
|
None |
|
|
|
|
|
|
|
Previous Bank Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
None |
|
|
|
|
|
Property Interests for 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 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 |
5 |
|
Average Age of Active Principals |
44 |
Active Principals
Principal 1 of 5: SIMONE
CHANTEL MARAIS
|
Surname |
MARAIS |
|
First Name |
SIMONE |
|
Other Names |
CHANTEL |
|
Marital Status |
Unavailable |
|
ID Number |
7208240146086 |
|
Verified ID Number |
No |
|
Current Age |
40 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2011-07-04 |
|
Physical Address (at time of Appointment) |
9th Floor
Oceana House 25 Jan Smuts Streets FORESHORE |
|
Postal Address |
PO Box 7206 Rogge Bay CAPE TOWN |
|
Current Tel Number |
021 6901400 |
|
Cell number |
Unavailable |
|
Current Fax Number |
021 6901410 |
|
Current Email Address |
|
|
Shareholding |
Unavailable |
Adverse Information for:
SIMONE CHANTEL MARAIS
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for:
SIMONE CHANTEL MARAIS
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
FROBISHER TRADING 75 CC |
2011/072490/23 |
In Business |
1 Years 2 Months |
0 |
No |
|
OCEANA GROUP LTD |
M1939/001730/06 |
In Business |
73 Years |
0 |
No |
|
OCEANA LOBSTER LTD |
M1944/018288/06 |
In Business |
67 Years 7 Months |
0 |
No |
|
COMMERCIAL COLD STORAGE GROUP LTD |
M1946/021714/06 |
In Business |
66 Years 2 Months |
0 |
No |
|
OCEANA BRANDS LTD |
M1946/022718/06 |
In Business |
65 Years 11 Months |
0 |
No |
|
Average Age of Previous Business Interests |
54 Years |
Previous Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
CHEVRON SOUTH AFRICA (PTY)LTD |
M1911/001154/07 |
In Business |
101 Years 2 Months |
0 |
No |
|
CHEVRON AFRICA – PAKISTAN
SERVICES (PTY)LTD |
M2004/019993/07 |
In Business |
8 Years |
0 |
No |
Deeds Information
Property Interests for: SIMONE
CHANTEL MARAIS
|
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 5: TERENCE COTTLE
|
Surname |
COTTLE |
|
First Name |
TERENCE |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
6809285136089 |
|
Verified ID Number |
Yes |
|
Current Age |
44 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2011-01-25 |
|
Physical Address (at time of Appointment) |
3 Watsoniast TYGERDAL 7460 |
|
Postal Address |
PO Box 42891 OTTERY 7808 |
|
Current Tel Number |
021 6901400 |
|
Cell number |
082 4189698 |
|
Current Fax Number |
021 6901410 |
|
Current Email Address |
|
|
Shareholding |
Unavailable |
Adverse Information for: TERENCE COTTLE
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for: TERENCE COTTLE
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
BLUE ATLANTIC TRADING (PTY)LTD |
M1995/002218/07 |
In Business |
17 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: TERENCE COTTLE
|
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 5: RODNEY NICOL
|
Surname |
NICOL |
|
First Name |
RODNEY |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
5505085003088 |
|
Verified ID Number |
Yes |
|
Current Age |
57 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2005-04-18 |
|
Physical Address (at time of Appointment) |
15 Constantia Road CONSTANTIA |
|
Postal Address |
PO Box 42891 OTTERY 7808 |
|
Current Tel Number |
0217947165 |
|
Cell number |
0825533559 |
|
Current Fax Number |
021 6901410 |
|
Current Email Address |
|
|
Shareholding |
Unavailable |
Adverse Information for:
RODNEY NICOL
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for:
RODNEY NICOL
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
LAMBERTS BAY FOODS (PTY)LTD |
1995/004296/07 |
Deregistration
Process |
17 Years 2 Months |
0 |
No |
|
OCEANA SPV (PTY)LTD |
2006/001050/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
OCEANA GROUP LTD |
M1939/001730/06 |
In Business |
73 Years |
0 |
No |
|
COMMERCIAL COLD STORAGE GROUP LTD |
M1946/021714/06 |
In Business |
66 Years 2 Months |
0 |
No |
|
COMMERCIAL COLD
STORAGE (PTY)LTD |
M1971/008523/07 |
In Business |
41 Years |
0 |
No |
Previous Business Interests
|
Average Age of Previous Business Interests |
71 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
NORTH BAY FISHING COMPANY LTD |
1913/001273/06 |
Deregistration
Process |
99 Years 6 Months |
0 |
No |
|
NAMAQUA FISHING
COMPANY LTD |
1925/002776/06 |
Deregistration
Process |
87 Years |
0 |
No |
|
COAST TRADING COMPANY (PTY)LTD |
1949/035011/07 |
Deregistration
Process |
62 Years 9 Months |
0 |
No |
|
SANDY POINT CANNING COMPANY LTD |
1952/000879/06 |
Deregistration Final |
60 Years 4 Months |
0 |
No |
|
SUNGLADE HOLDINGS (PTY)LTD |
1963/002910/07 |
Deregistration Final |
49 Years 1 Months |
0 |
No |
Deeds Information
Property Interests for: RODNEY
NICOL
|
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 4 of 5: PATRICK
BURTON
|
Surname |
BURTON |
|
First Name |
PATRICK |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
5212185143084 |
|
Verified ID Number |
Yes |
|
Current Age |
60 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2004-07-07 |
|
Physical Address (at time of Appointment) |
1 Riverton Road RONDEBOSCH |
|
Postal Address |
PO Box 32020 OTTERY 7808 |
|
Current Tel Number |
021 6919952 |
|
Cell number |
0832311429 |
|
Current Fax Number |
021 6901410 |
|
Current Email Address |
|
|
Shareholding |
Unavailable |
Adverse Information for:
PATRICK BURTON
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
|
Default data |
None |
Business Information for:
PATRICK BURTON
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SNOEK WHOLESALERS (PTY)LTD |
1964/008906/07 |
In Business |
47 Years 8 Months |
0 |
No |
|
GOURMET FISH PRODUCTS |
1968/001448/07 |
In Business |
44 Years 5 Months |
0 |
No |
|
SANBOURNE INVESTMENTS
CC |
1990/019766/23 |
In Business |
22 Years 1 Months |
0 |
No |
|
TALHADO FISHING ENTERPRISES (PTY)LTD |
1992/005077/07 |
In Business |
19 Years 10 Months |
0 |
No |
|
RGS FISHING CC |
1995/002787/23 |
In Business |
17 Years 6 Months |
0 |
No |
Previous Business Interests
|
Average Age of Previous Business Interests |
36 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
JOHNNIC HOLDINGS LTD |
1889/000429/06 |
In Business |
122 Years 10 Months |
0 |
No |
|
SOUTH CAPE OYSTERS (PTY)LTD |
1995/002582/07 |
In Business |
17 Years 4 Months |
0 |
No |
|
SINIB INVESTMENTS
HOLDING (PTY)LTD |
1996/003342/07 |
Deregistration Final |
16 Years 4 Months |
0 |
No |
|
CHAMPAGNE OYSTER BAR
CC |
1997/001278/23 |
Deregistration Final |
15 Years 6 Months |
0 |
No |
|
SAGITTARIUS FISHERIES (PTY)LTD |
1999/026265/07 |
In Business |
12 Years 8 Months |
0 |
No |
Deeds Information
Property Interests for:
PATRICK BURTON
|
Title Deed No. |
T76316/2003 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
3 ST JULIAN SUNNYSIDE
ATHLONE |
|
Property Type |
Freehold / Ervin |
Extent / Size |
385.0SQM |
|
Purchase Date |
2003-06-23 |
Purchase price |
R 164 000 |
|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
|
Title Deed No. |
T42332/2001 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
11A RIVERTON
RONDEBOSCH SOUTHERN SUBURBS |
|
Property Type |
Freehold / Ervin |
Extent / Size |
750.0SQM |
|
Purchase Date |
2001-03-15 |
Purchase price |
R 470 000 |
|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
Principal 5 of 5: BERNARD ZIVE
|
Surname |
ZIVE |
|
First Name |
BERNARD |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
5001125029002 |
|
Verified ID Number |
Yes |
|
Current Age |
62 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1995-03-15 |
|
Physical Address (at time of Appointment) |
8L The Breakers 100 Bay Road MOUILLE POINT |
|
Postal Address |
Landsdowne Road PHILIPPI 7780 |
|
Current Tel Number |
021 4919950 |
|
Cell number |
083 2796234 |
|
Current Fax Number |
021 6901410 |
|
Current Email Address |
|
|
Shareholding |
Unavailable |
Adverse Information for:
BERNARD ZIVE
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for:
BERNARD ZIVE
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SNOEK WHOLESALERS (PTY)LTD |
1964/008906/07 |
In Business |
47 Years 8 Months |
0 |
No |
|
RALBERSTAN INV
(PTY)LTD |
1966/009158/07 |
In Business |
45 Years 9 Months |
0 |
No |
|
GOURMET FISH PRODUCTS (PTY)LTD |
1968/001448/07 |
In Business |
44 Years 5 Months |
0 |
No |
|
SOUTH CAPE OYSTERS CC |
1985/007029/23 |
Deregistration
Process |
27 Years 1 Months |
0 |
No |
|
WILLOW SPRINGS
POULTRY (PTY)LTD |
1990/006008/07 |
In Business |
21 Years 9 Months |
0 |
No |
Previous Business Interests
|
Average Age of Previous Business Interests |
12 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SOUTH CAPE OYSTERS (PTY)LTD |
1995/002582/07 |
In Business |
17 Years 4 Months |
0 |
No |
|
GEORGE QINGA AND ASSOCIATES CC |
1997/003514/23 |
Deregistration Final |
15 Years 6 Months |
0 |
No |
|
HILDALON PROPERTY INVESTMENTS (PTY)LTD |
1997/009273/07 |
Deregistration Final |
15 Years 1 Months |
0 |
No |
|
ROBBERG SEA FREEZE (PTY)LTD |
M1997/004814/07 |
In Business |
15 Years 3 Months |
0 |
No |
Deeds Information
Property Interests for:
BERNARD ZIVE
|
Title Deed No. |
T13323/2009 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
9 LE SUEUR FRESNAYE
CAPE TOWN |
|
Property Type |
Freehold / Ervin |
Extent / Size |
892.0SQM |
|
Purchase Date |
2008-09-12 |
Purchase price |
R 5 700 000 |
|
% Ownership |
|
Bond Holder |
INVESTEC BANK LTD |
|
Bond Number |
B84292009 |
Bond Amount |
R 5 700 000 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.41 |
|
|
1 |
Rs.86.04 |
|
Euro |
1 |
Rs.68.60 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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.