MIRA INFORM REPORT

 

 

Report Date :           

26.07.2012

 

IDENTIFICATION DETAILS

 

Name :

DCLSA DISTRIBUTORS (PTY) LTD

 

 

Registered Office :

118 Richards Drive Halfway House Ext 111 Midrand

 

 

Country :

South Africa

 

 

Date of Incorporation :

29.06.1995

 

 

Com. Reg. No.:

M1995/006039/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Manufacture of Doorlocks Locks Cylinders Lock Sets

 

 

No. of Employees :

60

 

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 – September 30th, 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

 

Summary

 

Subject Name

DCLSA DISTRIBUTORS (PTY) LTD

Country

South Africa

Subject Contact Person

COLLEEN - Office Administrator

Assessment

On investigation we made contact with COLLEEN the office administrator who assisted with the information. This appears to be a well-established company dating back to 1995. A payment profile could not be established as the current supplier cannot provide a trade reference due to company policy.Banking information and Financial information have been declined as the subject considers the information to be confidential. Please see the available information for the subject below.

 

 

Company Information

 

Registered Name

DCLSA DISTRIBUTORS (PTY)LTD

Registration Number

M1995/006039/07

Registration Date

1995/06/29

Date Commenced Trading

1995-06-29

Age of Business

17 Years 1 Months

History of Business

The subject was established as a new business in 2009.

History of Principals

There are currently 4 active directors

Shareholders/Members/Partners of subject and % holding

Declined

Authorised Share Capital

R 0.00

Issued Share Capital/Members Contribution

R 0.00

Status

In Business

Operations Assessment

Manufacture of DoorlocksLocksCylindersLock Sets

Industry/ Customers

General TradeConstruction / Developement Companies

Export

Export

Major Industry Code / SICC

83120

Definition of Code

Security dealing activities

Head Office Physical Address

118 Richards Drive Halfway House Ext 111 MIDRAND

Head Office Postal Address

P O BOX 7934 MIDRAND 1685

Current Tel Number

0113158286

Cell Number

 

Current Fax Number

0113158261

Current Email Address

info@dclsa.co.za

Web Site Address

www.dclsa.co.za

 

 

 

Auditors Information

 

Company Registered Name

VAN WYK COMPTON INC

Trading Name

None

Registration Number

2004/015897/21

Physical Address

Bldg 2 Woodhill Office Pk 53 Philip Engelbrecht Meyersdal ALBERTON 1448

Postal Address

PO Box 5587 Meyersdal ALBERTON 1447

Contact Person

GREG COMPTON

Contact Number

0118676661

Email

hennie@vwcinc.co.za

Principals

4

Judgements Against Subject

None On Record

Judgements Against Principals

None On Record

Subject Verified as Client

Yes

Practice Number

918660

VAT Number

4190212938

Tax Number

9446467152

BEE Status

None

Financial Year End

February

No of years in Business

5 Years

Website

None

 

 

Previous Auditors

 

Company Name

Phone Number

Time with previous auditors

Comment

VAN WYK COMPTON INC

 

5

 

MYERS TENNER AND CO

 

16

 

 

 

Tax Information

 

Vat Number

4300151265

Status

ACTIVE

Vat Liable Date

1995/08/07

Tax Number

9610229842

Tax Clearance Expire Date

 

Financial Year End

June

Comment

 

 

 

Black Economic Empowerment

 

Status

Yes

Score

4.00

Expire Date

 

BEE Certificate Available

No

Comment

BEE Certificate Has Expired

 

 

ISO Status

 

Type of ISO Grade

9001:2008

ISO Certificate

Yes

ISO Certificate Available

No

Certified by an Accredited Agent

Yes

Comment

 

 

 

Workman's compensation

 

Registered

Yes

Compliance Certified

Yes

Comment

 

 

 

Company Structure

 

 Subsidiaries

 

Subsidiary Company

None

Shareholding

 

Registration Number

 

Import / Export

 

Comment

 

 

Employees

Number of Employees

60

1. Salaried employees

56

2. Waged employees

4

3. Permanent employees

56

4. Casual employees

4

5. Contracted employees

 

Comment

 

 

Company Fleet

Company Fleet

No of vehicles:

Ownerd/Leased

Value

Outstanding Balance

Fleet Operations

 

 

 

 

The Fleet is made up of

2

Comment

 

Light delivery Vehicles

2

Owned

 

 

 

Offices

 

Offices

Offices

Head Office Owned/ Rented

Leased

Rental Company

BB PROP TRADING (PTY) LTD

Owned by

 

Value

 

Bond

 

Bank

 

Lease Agreement

5 Years

Lease Expire Date

2016

Type of Premises

Offices and Warehouse

Comment

 

 

Branch Information

Branches Names

Country

Province

 

 

 

 

Branch Detail Information

Branches Owned/ Rented

 

Rental Company

 

Owned by

 

Value

 

Bond

 

Bank

 

Lease Agreement

 

Lease Expire Date

 

Type of Premises

 

Comment

 

 

 

Management Overview

 

Organisation Chart

 

Level

Position

Name

Comment

 

 

 

Declined By Subject

Key Deals - No Information on Record

 

Company Structure (Ownership)

Note: One level up and all levels down

 

Holding

Company

Sub

Comment

 

 

 

Declined By Subject

 

Trade References

 

Trade Reference nr

Supplier

Contact

Surety Value

Notarial Bonds

Comment

1

EUROLOX

0217617848

R 0.00

0

 

 

Trade References Detail

 

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

 

 

 

 

 

 

Do not give trade references.

 

Adverse Information on Subject

Judgements - No information on record BusinessRescue - No Information on Record

Default Listing - No information on record Notarial Bonds - No information on record

 

 

BANK INFORMATION

 

Bank

 

Branch

 

Brach Code

 

Bank Account Number

 

Type of Account

 

Account Name

 

Overdraft Facilities

 

Bank Code

 

Bank Comment

 

 

Bank Code History - No Information on Record

Previous Bank Account Information - No Information on Record

Deeds Information - No information on record

 

 

FINANCIAL INFORMATION

 

Financial Estimates

 

CURRENT ASSETS

 

Stock

 

Debtors

 

FIXED ASSETS

 

Plant, Equipment, Vehicles

 

Property

 

CURRENT LIABILITIES

 

Creditors

 

Loans/ From?

 

Loan Details

 

LONG TERM LIABILITIES

 

Morgage Bonds

 

Previous Year Turnover

 

Estimated Current Year Turnover

 

Current Turnover per month

 

Current Turnover per annum

 

Comment

DeclinedThe subject considers the financials for the company to be confidential

 

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

48

Active

Principals Principal - 1 of 5 CHRISTIAN FISCHER

Surname

FISCHER

First Name

CHRISTIAN

Other Names

 

Marital Status

 

ID Number

6606280000000

Verified ID Number

No

Current Age

46

Designation

REGIONAL SALES DIRECTOR

Status

Active

Appointment Date

2011/10/12

Physical Address (at time of Appointment)

SCHLEIERMACHERSTR 31, 06114 HALLE SAALE, GERMANY, 0000

Postal Address

SCHLEIERMACHERSTR 31, 06114 HALLE SAALE, GERMANY, 0000

Current Tel Number

 

Cell number

 

Shareholding/Membership

0.0000

 

Business Information for CHRISTIAN FISCHER

Principal Current Business Interests

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DCLSA

DISTRIBUTORS (PTY)LTD

M1995/006039/07

In Business

17 Years 1 Months

0

No

 

GEZE HOLDINGS (PTY)LTD

M2009/016079/07

In Business

2 Years 11 Months

0

No

 

GEZE

DISTRIBUTION (PTY)LTD

M2009/017106/07

In Business

2 Years 10 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

 

 

 

 

 

 

 

 

 

Principal Deeds Information Property Interests for CHRISTIAN FISCHER

 

 

 

Title Deed No.

 

Erf/Site No.

 

Deeds Office

 

Physical Address

 

Property Type

 

Extent / Size

 

Purchase Date

 

Purchase price

 

% Ownership

 

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

 

KEVIN DIAMOND

 

 

Surname

DIAMOND

First Name

KEVIN

Other Names

 

Marital Status

 

ID Number

6107125248085

Verified ID Number

Yes

Current Age

51

Designation

MANAGING DIRECTOR

Status

Active

Appointment Date

2009/03/01

Physical Address (at time of Appointment)

30 BATON BRUTE, BLANFORD ROAD, NORTHRIDING EXT, 2194

Postal Address

P O BOX 7934, MIDRAND, 1685

Current Tel Number

0116615900

Cell number

0836473532

Shareholding/Membership

0.0000

 

Business Information for KEVIN DIAMOND Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DORFLING AND DIAMOND ENGINEERING CC

1996/042681/23

In Business

15 Years 10 Months

0

No

 

DCLSA

DISTRIBUTORS (PTY)LTD

M1995/006039/07

In Business

17 Years 1 Months

0

No

 

GEZE HOLDINGS (PTY)LTD

M2009/016079/07

In Business

2 Years 11 Months

0

No

 

GEZE

DISTRIBUTION (PTY)LTD

M2009/017106/07

In Business

2 Years 10 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business 30 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

JETMASTER (PTY)LTD

1951/001993/07

In Business

61 Years 1 Months

0

No

 

REMUNERATION MANAGEMENT SERVICES CC

1995/030318/23

In Business

17 Years

0

No

 

BLUECHIP SALES AND MARKETING (PTY)LTD

1999/025925/07

Deregistration Final

12 Years 8 Months

0

No

 

 

Principal Deeds Information Property Interests for KEVIN DIAMOND

 

Title Deed No.

T46848/2011

Erf/Site No.

 

Deeds Office

JOHANNESBURG

Physical Address

 

Property Type

Freehold / Ervin

Extent / Size

781.0SQM

Purchase Date

2011/09/16

Purchase price

 

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA L

Bond Number

B355042011

Bond Amount

 

Comment

 

 

Property Interests for KEVIN DIAMOND

Title Deed No.

T109736/2005

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

NORTH RIDING RANDBURG

Property Type

Freehold / Ervin

Extent / Size

397.0SQM

Purchase Date

2005/05/16

Purchase price

 

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B1227922005

Bond Amount

 

Comment

 

Property Interests for KEVIN DIAMOND

Title Deed No.

ST16513/2006

Erf/Site No.

 

Deeds Office

JOHANNESBURG

Physical Address

BROMHOF RANDBURG

Property Type

Sectional Title / Unit

Extent / Size

131.0SQM

Purchase Date

2005/05/30

Purchase price

 

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA L

Bond Number

SB239382006

Bond Amount

 

Comment

 

 

 

ISABEL BRITZ

 

 

Surname

BRITZ

First Name

ISABEL

Other Names

 

Marital Status

 

ID Number

6104210002089

Verified ID Number

Yes

Current Age

51

Designation

COMMERCIAL MANAGER

Status

Active

Appointment Date

2007/07/01

Physical Address (at time of Appointment)

17 MONT SERRAT VILLAS, JELLIMAN STREET, NORDHEUWEL, 1739

Postal Address

PRIVATE BAG X2, UNIT 144, RANT & DAL, 1685

Current Tel Number

0113158286

Cell number

0718581180

Shareholding/Membership

0.0000

 

Business Information for ISABEL BRITZ

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DCLSA

DISTRIBUTORS (PTY)LTD

M1995/006039/07

In Business

17 Years 1 Months

0

No

 

 

Average Age of Previous Business 7 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

LOERIE

IRONMONGERY (PTY)LTD

2005/020190/07

Deregistration Final

7 Years 1 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for ISABEL BRITZ

Title Deed No.

T44480/2004

Erf/Site No.

 

Deeds Office

JOHANNESBURG

Physical Address

NOORDHEUWEL KRUGERSDORP

Property Type

Freehold / Ervin

Extent / Size

210.0SQM

Purchase Date

2004/06/02

Purchase price

 

% Ownership

0.00

Bond Holder

FIRSTRAND BANK LTD

Bond Number

B441522004

Bond Amount

 

Comment

 

Property Interests for ISABEL BRITZ

Title Deed No.

ST42695/2006

Erf/Site No.

2608

Deeds Office

JOHANNESBURG

Physical Address

29 SIMON BEKKER RANGEVIEW KRUGERSDORP

Property Type

Sectional Title / Unit

Extent / Size

81.0SQM

Purchase Date

2006/05/05

Purchase price

 

% Ownership

0.00

Bond Holder

A B S A BANK LTD

Bond Number

SB612282006

Bond Amount

 

Comment

 

 

TAMMY GOEBEL

 

Surname

GOEBEL

First Name

TAMMY

Other Names

 

Marital Status

 

ID Number

7003310363087

Verified ID Number

Yes

Current Age

42

Designation

FINANCIAL MANAGER

Status

Active

Appointment Date

2007/07/01

Physical Address (at time of Appointment)

8 GLEN STREET, KENMARE, 1739

Postal Address

P O BOX 7934, MIDRAND, 1685

Current Tel Number

0113158286

Cell number

0833607204

Shareholding/Membership

0.0000

 

 

Business Information for TAMMY GOEBEL

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DCLSA

DISTRIBUTORS (PTY)LTD

M1995/006039/07

In Business

17 Years 1 Months

0

No

 

 

 

Principal Previous Business Interests

 

Average Age of Previous Business7 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

LOERIE

IRONMONGERY (PTY)LTD

2005/020190/07

Deregistration Final

7 Years 1 Months

0

No

 

 

Principal Deeds Information Property Interests for TAMMY GOEBEL

 

Title Deed No.

 

Erf/Site No.

 

Deeds Office

 

Physical Address

 

Property Type

 

Extent / Size

 

Purchase Date

 

Purchase price

 

% Ownership

 

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

 

MICHAEL SCHELL

 

Surname

SCHELL

First Name

MICHAEL

Other Names

 

Marital Status

 

ID Number

617520480

Verified ID Number

No

Current Age

53

Designation

MANAGING DIRECTOR

Status

Active

Appointment Date

2007/07/01

Physical Address (at time of Appointment)

GROSSE ACKER 38, 71691 FREIBERG, GERMANY, 0000

Postal Address

P O BOX 7934, MIDRAND, 1685

Current Tel Number

 

Cell number

 

Shareholding/Membership

0.0000

 

Business Information for MICHAEL SCHELL Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DCLSA

DISTRIBUTORS (PTY)LTD

M1995/006039/07

In Business

17 Years 1 Months

0

No

 

GEZE HOLDINGS (PTY)LTD

M2009/016079/07

In Business

2 Years 11 Months

0

No

 

GEZE

DISTRIBUTION (PTY)LTD

M2009/017106/07

In Business

2 Years 10 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

 

 

 

 

 

 

 

 

Principal Deeds Information Property Interests for MICHAEL SCHELL

 

Title Deed No.

 

Erf/Site No.

 

Deeds Office

 

Physical Address

 

Property Type

 

Extent / Size

 

Purchase Date

 

Purchase price

 

% Ownership

 

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.56.02

UK Pound

1

Rs.86.89

Euro

1

Rs.67.84

 

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.