|
Report Date : |
23.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
BENT ON DESIGN CC |
|
|
|
|
Registered Office : |
12 |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
19.03.2002 |
|
|
|
|
Com. Reg. No.: |
B2002/022410/23 |
|
|
|
|
Legal Form : |
Close Corporation |
|
|
|
|
Line of Business : |
Trade and Manufacture of curtail rails and fittings |
|
|
|
|
No. of Employees : |
3 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No Complaints |
|
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 |
BENT
ON DESIGN CC |
|
Country |
SOUTH
AFRICA |
|
Subject Contact person |
GAYNOR
FABRY – Owner |
|
Assessment |
On
investigation we made contact with the owner MRS. GAYNOR FABRY who assisted
with the information for the subject. This
appears to be an established business dating back to 2002 with a good
reference from their available trade reference. Please
note the lack of banking information and financial information. Please
see the available information for the
subject below. |
|
Registered Name |
BENT ON
DESIGN CC |
|
Trading as/ Division Name |
None |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
B2002/022410/23 |
|
Registration Date |
2002-03-19 |
|
Date Commenced Trading |
2002-03-19 |
|
Age of Business |
10 Years
4 Months |
|
History of Business |
The subject
was established as a new business in 2002. |
|
History of Principals |
The is
currently 1 active principal |
|
Shareholders and % holding |
100 % -
GAYNOR FABRY |
|
Authorised Share Capital |
R 100 |
|
Issued Share Capital |
R 100 |
|
Status |
In Business |
|
Operations Assessment |
Trade
and Manufacture of curtail rails and fittings |
|
Industry/ Customers |
General
Trade Public
Market |
|
Export |
None |
|
Major Industry Code / SICC |
3112 62399 |
|
Definition of Code |
Finishing
of textiles Retail Trade
by specialist Stores |
|
Head Office Physical Address |
12
GOSSAMER LANE CEDAR
LAKE FOURWAYS 2191 |
|
Head Office Postal Address |
P O BOX
3528 KEMPTON
PARK 1620 |
|
Current Tel Number |
011
2620011 |
|
Cell number |
082
5553401 |
|
Current Fax Number |
011
2620023 |
|
Current Email Address |
|
|
Web Site Address |
|
Company Registered Name |
PA QVIST |
|
Trading Name |
SIMPLEX
CONSULTING |
|
Registration Number |
Unavailable |
|
Physical Address |
46
Doringham KEMPTON
PARK EXT 4 1620 |
|
Postal Address |
P O BOX
3528 KEMPTON
PARK 1620 |
|
Contact Person |
MIKE |
|
Contact Number |
011
9757455 |
|
Email |
|
|
Principals |
1 |
|
Judgements Against Subject |
Unavailable |
|
Judgements Against Principals |
Unavailable |
|
Subject Verified as Client |
Yes |
|
Profession Number |
005596 |
|
VAT Number |
Unavailable |
|
Tax Number |
Unavailable |
|
BEE Status |
Unavailable |
|
Financial Year End |
Unavailable |
|
Years With Auditors |
7 Years |
|
Website |
None |
|
Company Name |
Phone Number |
Time with previous auditors |
|
None |
|
|
|
Vat Number |
4320199492 |
|
Status |
ACTIVE |
|
Vat Liable Date |
2002-05-01 |
|
Tax Number |
9075529140 |
|
Tax Clearance Expire Date |
Unavailable |
|
Financial Year End |
February |
|
Status |
None |
|
Score |
|
|
Expire Date |
|
|
BEE Certificate Available |
|
|
Type of ISO Grade |
None |
|
ISO Certificate |
|
|
ISO Certificate Available |
|
|
Certified by an Accredited Agent |
|
|
Registered |
The Company Is Deemed To Small |
|
Compliance Certified |
|
Subsidiaries
|
Subsidiary Company |
None |
|
Shareholding |
|
|
Registration Number |
|
|
Import / Export |
|
|
Number of
Employees |
3 |
|
1. Salaried
employees |
3 |
|
2. Permanent
employees |
3 |
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
|
Fleet Operations |
|
|
|
|
|
The Fleet is made up of |
3 Vehicles |
|||
|
1. Cars |
1 |
|
|
|
|
2. Light
Delivery Vehicles |
1 |
|
|
|
|
3. Trucks |
1 |
|
|
|
|
Offices |
|
Head Office Owned/ Rented |
Owned |
|
Owned by |
MR. FABRY |
|
Bond |
SA HOMELOANS |
|
Bank |
Unavailable |
|
Type of Premises |
Showroom / Workshop |
|
Branches Names |
Country |
Province |
|
None |
|
|
Branches Owned/ Rented |
None |
|
Type of Premises |
|
|
Level |
Position |
Name |
|
1 |
Director |
GAYNOR FABRY |
Note: One level up and
all levels down
|
Holding |
Company |
Sub |
|
100 % |
BENT ON DESIGN CC |
None |
|
Company |
Value |
Contact |
|
Declined |
|
|
|
Trade Reference nr |
Supplier |
Contact |
|
1 |
M SQUARE |
MIKE SNR – 012 6531643 |
Trade References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
4 Years |
Open |
R 55 000 |
30 Days |
R 30 000 –
R 35 000 |
30 Days |
Very Good
Account |
Adverse Information on Subject
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 |
Declined |
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 Information
Financial Estimates
|
CURRENT ASSETS |
Declined |
|
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 |
43 |
Active Principals
Principal 1 of 1: GAYNOR FABRY
|
Surname |
FABRY |
|
First Name |
GAYNOR |
|
Other Names |
D |
|
Marital Status |
Married |
|
ID Number |
6910240898084 |
|
Verified ID Number |
No |
|
Current Age |
43 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2002-03-19 |
|
Physical Address (at time of Appointment) |
12 LAKE
GOSSAMER LANE CEDAR
LAKE FOURWAYS 2191 |
|
Postal Address |
POSTNET
SUITE 509 POSTNET
PRIVATE BAG X153 BRYANSTON 2021 |
|
Current Tel Number |
011
2620011 / 011 7086111 |
|
Cell number |
082
4516763 |
|
Current Fax Number |
086
6817806 |
|
Current Email Address |
|
|
Shareholding |
100 % |
Adverse Information for: GAYNOR FABRY
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: GAYNOR FABRY
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
BENT ON DESIGN
CC |
B2002/022410/23 |
In Business |
10 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 |
|
BENROMIKE
PROPERTIES CC |
1990/027535/23 |
Deregistration Final |
21 Years 11 Months |
0 |
No |
|
INGUDUDO
SAFARIS CC |
2002/013037/23 |
Deregistration Process |
10 Years 5 Month |
0 |
No |
|
HOLOGRAPHIX
PROPERTIES 461 CC |
2002/073478/23 |
Deregistration Final |
9 Years 10 Months |
0 |
No |
|
P E P I
FUSEGEAR CC |
2002/092214/23 |
Deregistration Final |
9 Years 9 Months |
0 |
No |
Property
Interests for: GAYNOR FABRY
|
Title Deed No. |
T128382/2004 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
6 LAKE
GOSSAMER CEDAR LAKES JOHANNESBURG |
|
Property Type |
Freehold /
Ervin |
Extent / Size |
596.0SQM |
|
Purchase Date |
2004-06-07 |
Purchase price |
R 1 450 000,00 |
|
% Ownership |
0 % |
Bond Holder |
STANDARD BANK
OF SOUTH AFRICA LTD |
|
Bond Number |
B1142312004 |
Bond Amount |
R 1 305 000,00 |
|
Title Deed No. |
T42744/2007 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
WITKOPPEN
SANDTON |
|
Property Type |
Freehold /
Ervin |
Extent / Size |
273.0SQM |
|
Purchase Date |
2006-10-18 |
Purchase price |
R 1 231 000,00 |
|
% Ownership |
0.0000 |
Bond Holder |
ABSA BANK LTD |
|
Bond Number |
B541012007 |
Bond Amount |
R 1 231 000,00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.15 |
|
|
1 |
Rs.86.57 |
|
Euro |
1 |
Rs.67.60 |
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.