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Report Date : |
27.07.2012 |
IDENTIFICATION DETAILS
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Name : |
CRESCENT CHEMICALS (PTY) LTD |
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Registered Office : |
19 Hydewoods |
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Country : |
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Date of Incorporation : |
13.10.1995 |
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Com. Reg. No.: |
1995/010947/07 |
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Legal Form : |
Private Company |
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Line of Business : |
Stockist of speciality powder pigments, colour preparations, resins and allied products. Commodity Chemicals |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
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 |
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Subject Name |
CRESCENT
CHEMICALS (PTY) LTD |
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Account Review |
Every
3 Months |
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Subject Contact person |
CARL
WAGNER - Director |
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Assessment |
On
investigation we made contact with CARL WAGNER the director of the subject who
declined to assist with the information. This
appears to be an established company dating back to 1995. MR.
WAGNER requested the name of the principal enquirer before he may assist with
any information. We
await further information. Please
see the available information for the subject below. |
|
Registered Name |
CRESCENT CHEMICALS (PTY) LTD |
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Trading as/ Division Name |
Unavailable |
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Previous Name |
Unavailable |
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Date of Name Change |
Unavailable |
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Registration Number |
1995/010947/07 |
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Registration Date |
1995-10-13 |
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Date Commenced Trading |
1995-10-13 |
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Age of Business |
16 Years 9 Months |
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History of Business |
The subject was established as a new business in 1995. |
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History of Principals |
There is
currently 1 active director |
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Shareholders and % holding |
100 % - CARL WAGNER |
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Authorised Share Capital |
R 100 |
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Issued Share Capital |
R 100 |
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Status |
In Business |
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Operations Assessment |
Stockist
of speciality powder pigments, colour preparations, resins and allied
products. Commodity
Chemicals |
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Industry/ Customers |
Printing
Ink, Plastics and Coating Industries |
|
Export |
Unavailable |
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Major Industry Code / SICC |
325 |
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Definition of Code |
PRINTING AND SERVICE ACTIVITIES RELATED TO PRINTING |
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Head Office Physical Address |
19 Hydewoods 9 Townshend Road HYDEPARK JOHANNESBURG |
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Head Office Postal Address |
PO Box 2032 WITKOPPEN 2068 |
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Current Tel Number |
011
7888145 |
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Cell number |
082 5733311 |
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Current Fax Number |
011 3270240 |
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Current Email Address |
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Web Site Address |
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Company Registered Name |
L REYNEKE AND ASSOCIATES INC |
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Trading Name |
Unavailable |
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Registration Number |
1995/000503/21 |
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Physical Address |
748
Richards Road GAUTENG 1685 |
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Postal Address |
PO Box
4240 HALFWAY
HOUSE 1685 |
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Contact Person |
Unavailable |
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Contact Number |
011 3514283 |
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Email |
Unavailable |
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Principals |
Unavailable |
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Judgements Against Subject |
None On Record |
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Judgements Against Principals |
None On Record |
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Subject Verified as Client |
Yes |
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Profession Number |
956252 |
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VAT Number |
4070158219 |
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Tax Number |
9085896844 |
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BEE Status |
Unavailable |
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Financial Year End |
February |
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Years With Auditors |
8 Years |
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Website |
Unavailable |
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Company Name |
Phone Number |
Time with previous auditors |
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Unavailable |
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Vat Number |
4410159224 |
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Status |
Active |
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Vat Liable Date |
1996-09-01 |
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Tax Number |
9161297644 |
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Tax Clearance Expire Date |
Unavailable |
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Financial Year End |
February |
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Status |
Yes |
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Score |
Level 4
– 65 % - 75 % |
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Expire Date |
Unavailable |
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BEE Certificate Available |
None |
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Type of ISO Grade |
Unavailable |
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Registered |
Yes |
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Compliance Certified |
Yes |
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 |
Unavailable |
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1. Salaried
employees |
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Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
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Fleet Operations |
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The Fleet is made up of |
Unavailable |
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1. Cars |
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Offices |
Unavailable |
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Bond |
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Lease Expire Date |
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Type of Premises |
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Branches Names |
Country |
Province |
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Unavailable |
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Branches Owned/ Rented |
Unavailable |
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Level |
Position |
Name |
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1 |
Director |
CARL WAGNER |
Note: One level up and
all levels down
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Holding |
Company |
Sub |
|
100 % |
CRESCENT CHEMICALS (PTY) LTD |
Unavailable |
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Company |
Value |
Contact |
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Unavailable |
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Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
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1 |
Unavailable |
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2 |
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Trade References Detail
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Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
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1 |
Unavailable |
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2 |
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Adverse Information on Subject
Judgements
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Judgements |
None |
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Possible
Judgements |
None |
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Civil Court |
None |
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RDs |
None |
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 |
Unavailable |
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
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Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
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None |
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Property Interests for Company
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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 |
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Extent / Size |
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Purchase Date |
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Purchase price |
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% Ownership |
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Bond Holder |
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Bond Number |
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Bond Amount |
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Financial Estimates
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CURRENT ASSETS |
Unavailable |
Please note the following:
|
Turnover and assets less than R 1,000,000.00 |
The subject falls within the National Credit Act |
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Turnover and assets less than R 2,000,000.00 |
The subject falls within the Consumer Protection Act |
Principals
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Number of Principals |
1 |
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Average Age of Active Principals |
49 |
Active Principals
Principal 1 of 1: CARL WAGNER
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Surname |
WAGNER |
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First Name |
CARL |
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Other Names |
A |
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Marital Status |
Unavailable |
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ID Number |
6308035866186 |
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Verified ID Number |
Yes |
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Current Age |
49 |
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Designation |
Director |
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Status |
Active |
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Appointment Date |
1995-10-13 |
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Physical Address (at time of Appointment) |
14 Pearl
Crescent WITKOPPEN 2068 |
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Postal Address |
PO Box
27726 YEOVILLE 2143 |
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Current Tel Number |
011
4871991 / 011 7888145 |
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Cell number |
082
5733311 |
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Current Fax Number |
011
3270240 |
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Current Email Address |
|
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Shareholding |
100 % |
Adverse Information for: CARL WAGNER
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: CARL WAGNER
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
CRESCENT CHEMICALS (PTY) LTD |
1995/010947/07 |
In Business |
16 Years 9
Months |
0 |
No |
|
HATTYNNE PROPERTIES CC |
B1999/007245/23 |
Deregistration
Process |
13 Years 5
Months |
0 |
No |
Previous
Business Interests
|
Average Age of
Previous Business Interests |
16 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
ARCTIC ROUTES CC |
1995/005938/23 |
Deregistration
Final |
17 Years 5
Months |
0 |
No |
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AL-NAZEER NIPPON CHEMICALS SA (PTY) LTD |
1997/019065/07 |
Deregistration
Final |
14 Years 8
Months |
0 |
No |
Property
Interests for: CARL WAGNER
|
Title Deed No. |
ST25399/2011 |
Erf/Site No. |
264,0 |
|
Deeds Office |
JOHANNESBURG |
Physical Address |
1 3rd
KILLARNEY JOHANNESBURG |
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Property Type |
Sectional Title / Unit |
Extent / Size |
129.0SQM |
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Purchase Date |
2011-06-02 |
Purchase price |
R 1 000 000 |
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% Ownership |
0 |
Bond Holder |
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Bond Number |
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Bond Amount |
R 0,00 |
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Title Deed No. |
ST83278/2003 |
Erf/Site No. |
282 |
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Deeds Office |
PRETORIA |
Physical Address |
Erf282 Townsend Hyde Park SANDTON |
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Property Type |
Sectional Title / Unit |
Extent / Size |
206.0SQM |
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Purchase Date |
2003-03-27 |
Purchase price |
R
1 100 000,00 |
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% Ownership |
|
Bond Holder |
STANDARD BANK OF
SOUTH AFRICA LTD |
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Bond Number |
SB564182003 |
Bond Amount |
R
1 000 000,00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.95 |
|
|
1 |
Rs.86.56 |
|
Euro |
1 |
Rs.67.95 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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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 |
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-- |
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.