|
Report Date : |
07.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
PERSIAN RUGS GALLERY CC |
|
|
|
|
Formerly Known As : |
Gibela Trade And Invest 1217 |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
17.11.2006 |
|
|
|
|
Com. Reg. No.: |
2006/204905/23 |
|
|
|
|
Legal Form : |
Close Corporation |
|
|
|
|
Line of Business : |
Not Available |
|
|
|
|
No. of Employees : |
Not
Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
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 – 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 |
PERSIAN
RUGS GALLERY CC |
|
Country |
SOUTH
AFRICA |
|
Enquiry Terms |
30
DAYS |
|
Account Review |
6
MONTHS |
|
Subject Contact person |
SOHAIL
KHAN-021 8762713/021 8764288 |
|
Assessment |
On
investigation we were unable to make contact with the director. MR KHAN
is currently unavailable due to his father being hospitalised and it is not
known when he will be available. We
will attempt to make contact with the subject within the coming week. Please
at present see available information for the subject below. |
|
Registered
Name |
PERSIAN RUGS GALLERY CC |
|
Trading
as/ Division Name |
None |
|
Previous
Name |
GIBELA TRADE AND INVEST 1217 |
|
Date
of Name Change |
2006-12-19 |
|
Registration
Number |
2006/204905/23 |
|
Registration
Date |
2006-11-17 |
|
Date
Commenced Trading |
2006-11-17 |
|
Age
of Business |
5 Years 7 Months |
|
History
of Business |
Unavailable |
|
History
of Principals |
Unavailable |
|
Shareholders/Members/Partners
of subject and % holding |
Unavailable |
|
Authorised
Share Capital |
Unavailable |
|
Issued
Share Capital/Members Contribution |
Unavailable |
|
Status |
This
Business is Active |
|
Operations
Assessment |
Unavailable |
|
Industry/
Customers |
Unavailable |
|
Export |
Unavailable |
|
Major
Industry Code / SICC |
Unavailable |
|
Definition
of Code |
Unavailable |
|
Head
Office Physical Address |
44 Hugenot Street FRANSCHOEK CAPE TOWN |
|
Head
Office Postal Address |
Unavailable |
|
Current
Tel Number |
021
8764288 / 021 8762713 |
|
Cell
number |
Unavailable |
|
Current
Fax Number |
Unavailable |
|
Current
Email Address |
Unavailable |
|
Web
Site Address |
|
Company
Registered Name |
WANENBURGH AND ASSOCIATES |
|
Trading
Name |
Unavailable |
|
Registration
Number |
Unavailable |
|
Physical
Address |
Unavailable |
|
Postal
Address |
PO Box 4930 BERGVLIET 7864 |
|
Contact
Person |
Unavailable |
|
Contact
Number |
Unavailable |
|
Email |
Unavailable |
|
Principals |
Unavailable |
|
Judgements
Against Subject |
Unavailable |
|
Judgements
Against Principals |
Unavailable |
|
Subject
Verified as Client |
Unavailable |
|
SAICA
number |
Unavailable |
|
VAT
Number |
Unavailable |
|
Tax
Number |
Unavailable |
|
BEE
Status |
Unavailable |
|
Financial
Year End |
Unavailable |
|
Years
With Auditors |
Unavailable |
|
Website |
Unavailable |
|
Company Name |
Phone Number |
Time with previous auditors |
|
DOUGLAS
DIX-PEEK |
Unavailable |
Unknown |
|
Vat
Number |
Unavailable |
|
Status |
Unavailable |
|
Vat
Liable Date |
Unavailable |
|
Tax
Number |
9237162178 |
|
Tax
Clearance Expire Date |
Unavailable |
|
Financial
Year End |
February |
|
Status |
Unavailable |
|
Score |
Unavailable |
|
Expire
Date |
Unavailable |
|
BEE
Certificate Available |
Unavailable |
|
Type
of ISO Grade |
Unavailable |
|
ISO
Certificate |
Unavailable |
|
ISO Certificate
Available |
Unavailable |
|
Certified
by an Accredited Agent |
Unavailable |
|
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 |
2 |
|
Average Age of Active Principals |
32 |
Active Principals
Principal 1 of 2: SABAH KAHN
|
Surname |
KHAN |
|
First Name |
SABAH |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
85051100000000 |
|
Verified ID Number |
No |
|
Current Age |
27 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2006-12-19 |
|
Physical Address (at time of Appointment) |
12 Main Road BERGVLIET 7945 |
|
Postal Address |
Po Box 493 BERGVLIET 7864 |
|
Current Tel Number |
021 8764288 |
|
Cell number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
Unavailable |
Adverse Information for:
SABAH KAHN
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for:
SABAH KAHN
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
PERSIAN RUGS GALLERY CC |
2006/204905/23 |
In Business |
5 Years 7 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: SABAH
KAHN
|
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 2: SOHAIL KHAN
|
Surname |
KHAN |
|
First Name |
SOHAIL |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
75050400000000 |
|
Verified ID Number |
No |
|
Current Age |
37 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2006-12-19 |
|
Physical Address (at time of Appointment) |
127 Main Road BERGVLIET 7945 |
|
Postal Address |
PO Box 493 BERGVLIET 7864 |
|
Current Tel Number |
021 8764288 |
|
Cell number |
082 4102601/0826920801 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
Unavailable |
Adverse Information for: SOHAIL KHAN
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for: SOHAIL KHAN
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
PERSIAN RUGS GALLERY CC |
2006/204905/23 |
In Business |
5 Years 7 Months |
0 |
No |
Previous Business Interests
|
Average Age of Previous Business Interests |
9 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
TRADE AVAIL 10 CC |
2001/022230/23 |
Deregistration Final |
11 Years 2 Months |
0 |
No |
|
PEARL STAR INVESTMENT 84 CC |
2003/082753/23 |
Deregistration Final |
8 Years 8 Months |
0 |
No |
|
MORTON MEWS TRADING 126 CC |
2005/003069/23 |
Deregistration Final |
7 Years 5 Months |
0 |
No |
Deeds Information
Property Interests for: SOHAIL
KHAN
|
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.55.41 |
|
|
1 |
Rs.86.04 |
|
Euro |
1 |
Rs.68.60 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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 |
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.