|
Report Date : |
01.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
MORGANITE |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
17.06.1942 |
|
|
|
|
Com. Reg. No.: |
M1942/015310/07 |
|
|
|
|
Legal Form : |
Private Limited |
|
|
|
|
Line of Business : |
Manufacturing of carbon brushes |
|
|
|
|
No. of Employees : |
120 |
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 |
MORGANITE
SOUTH AFRICA (PTY)LTD |
|
Country |
SOUTH
AFRICA |
|
Enquiry Terms |
D/A |
|
Account Review |
Every
6 Months |
|
Subject Contact person |
Mr
WILLEM DE KOCK-FINANCIAL DIRECTOR |
|
Assessment |
On
investigation we made contact with the subject and we were referred to the
FINANCIAL DIRECTOR: MR WILLEM DE KOCK. He assisted us with most of the
information required however he requested more time to complete the financials
on the company. The
subject is meeting all payments within the terms with their suppliers. We
obtained a bank code C for R1 000 000 on the subject. Please
see available information on the subject below. |
|
Registered
Name |
MORGANITE SOUTH AFRICA
(PTY)LTD |
|
Trading
as/ Division Name |
MORGANITE SOUTH AFRICA |
|
Previous
Name |
MORGAN CRUCIBLE COMPANY
(PTY)LTD |
|
Date
of Name Change |
Unavailable |
|
Registration
Number |
M1942/015310/07 |
|
Registration
Date |
1942/06/17 |
|
Date
Commenced Trading |
1942/06/17 |
|
Age
of Business |
69 Years 11 Months |
|
History
of Business |
Started out as a new
company in 1942 and the subject has had a name change. |
|
History
of Principals |
6 |
|
Shareholders
and % holding |
100%Morgan Jarason |
|
Authorised
Share Capital |
Unavailable |
|
Issued
Share Capital |
Unavailable |
|
Status |
In
Business |
|
Operations
Assessment |
Manufacturing of carbon
brushes |
|
Industry/
Customers |
Other major vehicle manufacturing Companies |
|
Export |
Yes |
|
Major
Industry Code / SICC |
35630 |
|
Definition
of Code |
Manufacture
of bearings, gears, gearing and driving elements |
|
Head
Office Physical Address |
149 South Rand Road Tulisa Park JOHANNESBURG 2192 |
|
Head
Office Postal Address |
PO Box 83134 South Hills 2136 |
|
Current
Tel Number |
011 4066 700 |
|
Cell
number |
None |
|
Current
Fax Number |
011 6238 172 |
|
Current
Email Address |
rhoda.maccorilo@morganplc.com |
|
Web
Site Address |
www.morganite.com |
|
Company
Registered Name |
KPMG INC |
|
Trading
Name |
KPMG |
|
Registration
Number |
1992/000107/07 |
|
Physical
Address |
85 Empire Road Parktown JOHANNESBURG |
|
Postal
Address |
Private Bag X9 Parkview 2122 |
|
Contact
Person |
COLLIN SELIMAND |
|
Contact
Number |
011 647 7111 |
|
Email |
Unavailable |
|
Principals |
1 |
|
Judgements
Against Subject |
None |
|
Judgements
Against Principals |
None |
|
Subject
Verified as Client |
Yes |
|
SAICA
number |
900133 |
|
VAT
Number |
4530188665 |
|
Tax
Number |
9323270844 |
|
BEE
Status |
Level 2 |
|
Financial
Year End |
August |
|
Years
With Auditors |
20 |
|
Website |
www.kpmg.co.za |
|
Company Name |
Phone Number |
Time with previous auditors |
|
Price
water house coopers inc |
|
|
|
Vat
Number |
44700105109 |
|
Status |
Active |
|
Vat
Liable Date |
End of Every Months |
|
Tax
Number |
9075202714 |
|
Tax
Clearance Expire Date |
Unavailable |
|
Financial
Year End |
December 31 |
|
Status |
Active |
|
Score |
Level 5 |
|
Expire
Date |
06/12/2012 |
|
BEE
Certificate Available |
No |
|
Type
of ISO Grade |
None |
|
ISO
Certificate |
|
|
ISO
Certificate Available |
|
|
Certified
by an Accredited Agent |
|
|
Registered |
Yes |
|
Compliance
Certified |
Yes |
Subsidiaries
|
Subsidiary Company |
Unavailable |
|
Shareholding |
|
|
Registration Number |
|
|
Import / Export |
|
|
Number of Employees |
120 |
|
1. Salaried employees |
50 |
|
2. Waged employees |
70 |
|
3. Permanent employees |
120 |
|
4. Casual employees |
|
|
5. Contracted employees |
|
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
|
Fleet Operations |
|
|
|
|
|
The Fleet is made up of |
|
|||
|
1. Cars |
1 |
Owned |
- |
- |
|
2. Light Delivery Vehicles |
6 |
Owned |
- |
- |
|
3. Trailers |
|
|
|
|
|
4. Busses |
|
|
|
|
|
5. Trucks |
|
|
|
|
|
6. Fork Lifts |
|
|
|
|
|
7. Other |
|
|
|
|
|
Offices |
|
Head Office Owned/ Rented |
Owned |
|
Rental Company |
|
|
Owned by |
MORGANITE (SA)(PTY |
|
Value |
|
|
Bond |
|
|
Bank |
|
|
Lease Agreement |
|
|
Lease Expire Date |
|
|
Type of Premises |
Factory and Offices |
Branches Names |
Country |
Province |
|
MORGANITE (SA)(PTY) |
SOUTH AFRICA |
PRETORIA |
|
MORGANITE (SA)(PTY) |
SOUTH AFRICA |
DURBAN |
|
MORGANITE (SA)(PTY) |
SOUTH AFRICA |
CAPE TOWN |
|
MORGANITE (SA)(PTY) |
SOUTH AFRICA |
WELKOM |
Branches Owned/ Rented |
OWNED |
|
Rental Company |
|
|
Owned |
MORGANITE SOUTH AFRICA (PTY)
LTD |
|
Value |
|
|
Bank |
|
|
Bond |
|
|
Lease Agreement |
|
|
Lease Expire Date |
|
|
Type of Premises |
SALES HOUSES |
|
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 |
EXPRESS TOOLS |
011 811 2987 |
|
|
|
2 |
HANNAWAYS |
011 811 2987 |
|
|
|
3 |
SANDVICK |
011 8795400 |
|
|
Trade References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
17 Years |
Open |
R 300 000 |
30 Days |
R 100 000 – R 200 000 |
30 Days |
Excellent |
|
2 |
3 Years |
R 1 000 000 |
R 600 000 |
30 Days |
R 460 000 |
30 Days |
Good |
|
3 |
8 Years |
R 50 000 |
Unavailable |
30 Days |
R 15 000 – R 25 000 |
30 Days |
Good |
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 |
FIRST NATIONAL BANK |
|
Branch |
ALBERTON |
|
Bank Account Number |
51390027254 |
|
Type of Account |
Current |
|
Account Name |
MORGANITE (SA)(PTY)LTD |
|
Overdraft Facilities |
Yes |
|
Date Opened |
Unavailable |
|
Bank Code |
C |
|
Bank Comment |
The subject’s bankers
consider them good for all business normal engagements. |
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 Interestsfor 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 |
6 |
|
Average Age of Active Principals |
47 |
Active Principals
Principal 1 of 6: DUNCAN STUART
ELDRIDGE
|
Surname |
ELDRIDGE |
|
First Name |
DUCAN STUART |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
6508210000000 |
|
Verified ID Number |
No |
|
Current Age |
47 |
|
Designation |
CEO |
|
Status |
Active |
|
Appointment Date |
2008/05/15 |
|
Physical Address (at time of Appointment) |
55-57 High Street Winsor Berkshire UNITED KINGDOM |
|
Postal Address |
55-57 High Street Winsor Berkshire UNITED KINGDOM |
|
Current Tel Number |
Unavailable |
|
Cell number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
Unavailable |
Adverse Information for :DUNCAN
STUART ELDRIDGE
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for:DUNCAN
STUART ELDRIDGE
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MORGANITE SOUTH AFRICA (PTY)LTD |
M1942/015310/07 |
In Business |
69 Years 11 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 Interestsfor :DUNCAN
STUART ELDRIDGE
|
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 6: GERT DE KOCK
|
Surname |
DE KOCK |
|
First Name |
GERT |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
6809245005085 |
|
Verified ID Number |
No |
|
Current Age |
44 |
|
Designation |
Unavailable |
|
Status |
Active |
|
Appointment Date |
2006/08/31 |
|
Physical Address (at time of Appointment) |
35 King Arthur Katode Street Roodeport 1724 |
|
Postal Address |
PO Box 83134 SOUTH HILLS 2136 |
|
Current Tel Number |
0112960247 |
|
Cell number |
0824534015 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
Unavailable |
Adverse Information for :GERT DE
KOCK
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for :GERT
DE KOCK
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MORGANITE
INDUSTRIAL CARBON (PTY)LTD |
1970/001004/07 |
In Business |
42 Years 4 Months |
0 |
No |
|
GARDRITE LATEX (PTY)LTD |
1983/009786/07 |
In Business |
28 Years 8 Months |
0 |
No |
|
REFRALLOY CARBON (PTY)LTD |
1984/000302/07 |
In Business |
28 Years 4 Months |
0 |
No |
|
CUMAR
RESISTANT MATERIALS (PTY)LTD |
1995/001243/07 |
In
Business |
17 Years 3 Months |
0 |
No |
|
MORGANITE
SOUTH AFRICA (PTY)LTD |
M1942/015310/07 |
In Business |
69 Years 11 Months |
0 |
No |
Previous Business Interests
|
Average Age of Previous Business Interests |
39 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
NYAKASA NORTH MANUFACTURING (PTY)LTD |
1973/002348/07 |
Deregistration Final |
39 Years 3 Months |
0 |
No |
Deeds Information
Property Interestsfor :GERT DE
KOCK
|
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 1 of 3: NEIL HOYLAND
|
Surname |
HOYLAND |
|
First Name |
NIEL |
|
Other Names |
None |
|
Marital Status |
Active |
|
ID Number |
5807065233101 |
|
Verified ID Number |
Yes |
|
Current Age |
54 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2006/08/30 |
|
Physical Address (at time of Appointment) |
46 Bowling Road Bedfordview 2007 |
|
Postal Address |
PO Box 83134 SOUTH HILLS 2136 |
|
Current Tel Number |
0114551592 |
|
Cell number |
0823334331 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
Unavailable |
Adverse Information for :NEIL
HOYLAND
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for :NEIL
HOYLAND
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MORGANITE INDUSTRIAL CARBON (PTY)LTD |
1970/001004/07 |
In Business |
42 Years 4 Months |
0 |
No |
|
GARDRITE LATEX (PTY)LTD |
1983/009786/07 |
In Business |
28 Years 8 Months |
0 |
No |
|
REFRALLOY CARBON
(PTY)LTD |
1984/000302/07 |
In Business |
28 Years 8 Months |
0 |
No |
|
CUMAR RESISTANT
MATERIALS (PTY)LTD |
1995/001243/07 |
In Business |
17 Years 3 Months |
0 |
No |
|
MORGANITE SOUTH AFRICA (PTY)LTD |
M1942/015310/07 |
In Business |
69 Years 11 Months |
0 |
No |
Previous Business Interests
|
Average Age of Previous Business Interests |
17 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
NYAKASA
NORTH MANUFACTURING (PTY)LTD |
1973/002348/07 |
Deregistration Final |
39 Years 3 Months |
0 |
No |
|
BASF COATINGS PMB (PTY)LTD |
1973/002348/07 |
Deregistration Final |
13 Years 11 Months |
0 |
No |
|
CONDERE
INVESTMENTS 134 CC |
2000/035754/23 |
Deregistration Final |
11 Years 10 Months |
0 |
No |
|
NUTMEG TRADING CC |
2001/081593/23 |
Deregistration Final |
10 Years 6 Months |
0 |
No |
|
BASF COATINGS (PTY)LTD |
M1998/007475/07 |
In Business |
14 Years 1 Months |
0 |
No |
Deeds Information
Property Interestsfor :NEIL
HOYLAND
|
Title Deed No. |
T44245/2006 |
Erf/Site No. |
|
|
Deeds Office |
JOHANNESBURG |
Physical Address |
46 BOWLING BEDFORDVIEW GERMISTON |
|
Property Type |
Freehold / Ervin |
Extent / Size |
1999.0SQM |
|
Purchase Date |
2006-04-22 |
Purchase price |
R 3 600 000 |
|
% Ownership |
|
Bond Holder |
STANDARD BANK OF SOUTH
AFRICA |
|
Bond Number |
B630252006 |
Bond Amount |
|
Principal 4 of 6: KGALEME BOGOPA
|
Surname |
BOGOPA |
|
First Name |
KGALEME |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
4805055709081 |
|
Verified ID Number |
Yes |
|
Current Age |
64 Years |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2006/05/15 |
|
Physical Address (at time of Appointment) |
10 Lloyd Street Birchleigh North |
|
Postal Address |
Po Box 17571 Norkempark 0000 |
|
Current Tel Number |
0113081111 |
|
Cell number |
0737502680 |
|
Current Fax Number |
None |
|
Current Email Address |
None |
|
Shareholding |
None |
Adverse Information for :
KGALEME BOGOPA
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for :
KGALEME BOGOPA
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
G S K SECURITY CC |
2000/072606/23 |
In Business |
11 Years 5 Months |
0 |
No |
|
METSANA INVESTMENT HOLDINGS (PTY)LTD |
2005/021302/07 |
In Business |
6 Years 11 Months |
0 |
No |
|
MORGANITE SOUTH AFRICA (PTY)LTD |
M1942/015310/07 |
In Business |
69 Years 11 Months |
0 |
No |
|
STROCAM PROJECTS
(PTY)LTD |
M1942/015310/07 |
In Business |
11 Years 8 Months |
1 |
No |
Previous Business Interests
|
Average Age of Previous Business Interests |
11 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
HOUSING INSTITUTIONS DEVELOPMENT FUND |
1998/007935/08 |
Voluntary Liquidation |
14 Years 1 Months |
0 |
Yes |
|
SEBOOA INVESTMENT HOLDINGS (PTY)LTD |
1998/013385/07 |
Deregistration Final |
13 Years 10 Months |
0 |
No |
|
AFRICAN NATION TOURS
AND TRAVEL (PTY)LTD |
1998/015328/07 |
Deregistration Final |
13 Years 9 Months |
0 |
No |
|
INSTITUTE OF BUSINESS ADVISORS |
2001/016996/08 |
In Business |
10 Years 10 Months |
0 |
No |
|
UMUSA MONETARY PLATFORM
(PTY)LTD |
2002/024696/07 |
Deregistration Final |
9 Years 7 Months |
0 |
No |
Deeds Information
Property Interestsfor : KGALEME
BOGOPA
|
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 5 of 6: MICHAEL DE
MENDONCA
|
Surname |
DE MENDONCA |
|
First Name |
MICHAEL |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
6712315065080 |
|
Verified ID Number |
Yes |
|
Current Age |
46 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2005/10/06 |
|
Physical Address (at time of Appointment) |
10 Tuscany Victor Whitmill Drive SUNWARD PARK BENONI 1459 |
|
Postal Address |
PO Box 857 SPRINGS 1560 |
|
Current Tel Number |
011 815 6820 |
|
Cell number |
082 453 5279 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
Unavailable |
Adverse Information for :MICHAEL
DE MENDONCA
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for
:MICHAEL DE MENDONCA
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MORGANITE SOUTH
AFRICA (PTY)LTD |
M1942/015310/07 |
In Business |
69 Years 11 Months |
0 |
No |
|
THERMAL
CERAMICS SOUTH AFRICA (PTY)LTD |
M1975/002765/07 |
In Business |
36 Years 9 Months |
0 |
No |
Previous Business Interests
|
Average Age of Previous Business Interests |
23 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
POTGIETERSRUS
DIESEL CENTRE CC |
1988/026515/23 |
Deregistration Final |
23 Years 8 Months |
0 |
No |
Deeds Information
Property Interestsfor :MICHAEL
DE MENDONCA
|
Title Deed No. |
T65591/2004 |
Erf/Site No. |
|
|
Deeds Office |
JOHANNESBURG |
Physical Address |
SUNWARD PARK BOKSBURG |
|
Property Type |
Freehold / Ervin |
Extent / Size |
778.0SQM |
|
Purchase Date |
2004-06-21 |
Purchase price |
R 344 540,00 |
|
% Ownership |
|
Bond Holder |
NEDBANK LTD |
|
Bond Number |
B657492004 |
Bond Amount |
R 1 500 000,00 |
|
Title Deed No. |
ST30049/2009 |
Erf/Site No. |
1285,0 |
|
Deeds Office |
JOHANNESBURG |
Physical Address |
BARDENE BOKSBURG |
|
Property Type |
Sectional Title / Unit |
Extent / Size |
73.0SQM |
|
Purchase Date |
2009-05-21 |
Purchase price |
R 469 000,00 |
|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
|
Title Deed No. |
ST12352/2010 |
Erf/Site No. |
1247,0 |
|
Deeds Office |
JOHANNESBURG |
Physical Address |
2 KLIMOP VAN DYKPARK
BOKSBURG |
|
Property Type |
Sectional Title / Unit |
Extent / Size |
114.0SQM |
|
Purchase Date |
2009-11-30 |
Purchase price |
R 550 000,00 |
|
% Ownership |
|
Bond Holder |
NEDBANK LTD |
|
Bond Number |
SB93262010 |
Bond Amount |
R 550 000,00 |
Principal 6 of 6: DAVID SCHROENN
|
Surname |
SCHROENN |
|
First Name |
DAVID |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
4311055024084 |
|
Verified ID Number |
Yes |
|
Current Age |
69 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1983/04/05 |
|
Physical Address (at time of Appointment) |
105 Curzon Road Bryanston Transvaal 2194 |
|
Postal Address |
PO Box 83134 SOUTH HILLS 2136 |
|
Current Tel Number |
0114634972 |
|
Cell number |
0824535280 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
Unavailable |
Adverse Information for :DAVID
SCHROENN
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for :DAVID
SCHROENN
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MORGANITE INDUSTRIAL CARBON (PTY)LTD |
1970/001004/07 |
In Business |
42 Years 4 Months |
0 |
No |
|
GARDRITE LATEX (PTY)LTD |
1983/009786/07 |
In Business |
28 Years 4 Months |
0 |
No |
|
REFRALLOY CARBON
(PTY)LTD |
1984/000302/07 |
In Business |
17 Years 3 Months |
0 |
No |
|
CUMAR RESISTANT
MATERIALS (PTY)LTD |
1995/001243/07 |
In Business |
69 Years 11 Months |
0 |
No |
|
MORGANITE SOUTH AFRICA (PTY)LTD |
M1942/015310/07 |
In Business |
52 Years 2 Months |
0 |
No |
Previous Business Interests
|
Average Age of Previous Business Interests |
43 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
INDUSTRIAL
CARBON AND GRAPHITE COMPANY (PTY)LTD |
1960/001316/07 |
Dissolved |
52 Years 1 Months |
0 |
No |
|
SWIMRITE
PROPERTIES (PTY)LTD |
1963/007195/07 |
Voluntary Liquidation |
48 Years 5 Months |
0 |
No |
|
PLUM
MANUFACTURING COMPANY (PTY)LTD |
1966/011327/07 |
Dissolved |
45 Years 6 Months |
0 |
No |
|
NYAKASA
NORTH MANUFACTURING
(PTY)LTD |
1973/002348/07 |
Deregistration Final |
39 Years 3 Months |
0 |
No |
|
GARD-RITE
PROPERTIES (PTY)LTD |
1980/007129/07 |
Deregistration Final |
31 Years 9 Months |
0 |
No |
Deeds Information
Property Interestsfor :DAVID
SCHROENN
|
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.56.42 |
|
|
1 |
Rs.87.37 |
|
Euro |
1 |
Rs.69.95 |
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 |
|
-- |
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.