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Report Date : |
02.06.2012 |
IDENTIFICATION DETAILS
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Name : |
TRIPLE NINE FABRICS CC |
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Registered Office : |
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Country : |
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Date of Incorporation : |
30.06.2008 |
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Com. Reg. No.: |
2008/136952/23 |
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Legal Form : |
Close Corporation |
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Line of Business : |
Not Available |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRAs Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Deregistration Process |
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Payment Behaviour : |
Unknown |
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Litigation : |
-- |
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 |
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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 |
TRIPLE
NINE FABRICS |
|
Country |
SOUTH
AFRICA |
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Account Review |
EVERY
3 MONTHS |
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Subject Contact person |
P
TRIKAM |
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Assessment |
On
investigation contact was made with P TRIKAM, one of the members. He
declined to assist and requested an email questionnaire. On
receiving the questionnaire he then declined to assist will any details
whatsoever, however a few trade references were obtained. CIPC
also has the subject in the Deregistration Process but this could not be
elaborated on. Please
see details below. We
are therefore not able to recommend credit dealings |
|
Registered Name |
TRIPLE NINE FABRICS CC |
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Trading as/ Division Name |
None |
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Previous Name |
None |
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Date of Name Change |
N/A |
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Registration Number |
2008/136952/23 |
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Registration Date |
2008-06-30 |
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Date Commenced Trading |
2008 |
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Age of Business |
3 years 11 months |
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History of Business |
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History of Principals |
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Shareholders and % holding |
60% P TRIKAM 40% M TRIKAM |
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Members contribution |
R100 |
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Status |
Deregistration Process |
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Operations Assessment |
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Industry/ Customers |
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Export |
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Major Industry Code / SICC |
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Definition of Code |
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Head Office Physical Address |
24 Mint Road FORDSBURG 2033 |
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Head Office Postal Address |
P O Box 2345 HOUGHTON 2041 |
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Current Tel Number |
011 8365716/ 011 8332532 |
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Cell number |
082 7786926 |
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Current Fax Number |
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Current Email Address |
info@MMTrikam.co.za |
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Web Site Address |
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Company Registered Name |
B KESHAV |
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Trading Name |
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Registration Number |
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Physical Address |
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Postal Address |
P O Box 2345 HOUGHTON 2041 |
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Contact Person |
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Contact Number |
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Email |
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Principals |
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Judgements Against Subject |
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Judgements Against Principals |
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Subject Verified as Client |
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SAICA number |
03285783 |
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Company Name |
Phone Number |
Time with previous auditors |
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None |
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Vat Number |
459025459 |
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Status |
Active |
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Vat Liable Date |
2011-03-01 |
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Tax Number |
9474476166 |
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Tax Clearance Expire Date |
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Financial Year End |
Fenbruary |
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Status |
Declined |
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Type of ISO Grade |
Declined |
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Registered |
Declined |
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Compliance Certified |
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Subsidiaries
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Subsidiary Company |
Declined |
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Shareholding |
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Registration Number |
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Import / Export |
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Subsidiary Company |
Declined |
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Shareholding |
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Registration Number |
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Import / Export |
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Number of
Employees |
Declined |
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1. Salaried
employees |
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2. Waged
employees |
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3. Permanent
employees |
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4. Casual
employees |
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5. Contracted
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 |
Declined |
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1. Cars |
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2. Light
Delivery Vehicles |
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3. Trailers |
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4. Busses |
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5. Trucks |
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6. Fork
Lifts |
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7. Other |
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Offices |
Declined |
Head Office Owned/ Rented |
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Rental Company |
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Owned by |
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Value |
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Bond |
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Bank |
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Lease Agreement |
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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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Declined |
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Branches Owned/ Rented |
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Rental Company |
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Owned |
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Value |
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Bank |
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Bond |
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Lease Agreement |
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Lease Expire Date |
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Type of Premises |
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Level |
Position |
Name |
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Declined |
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Note: One level up and
all levels down
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Holding |
Company |
Sub |
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Declined |
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Company |
Value |
Contact |
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Declined |
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Trade Reference nr |
Supplier |
Contact |
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1 |
SUPER SPAN |
Declined |
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2 |
VG TRAIN |
Declined |
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3 |
LININGS AND
TEXTILES |
ZARIR Fax 0861839245 |
|
4 |
AF TEXTILES |
The
Netherlands |
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 |
Declined |
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2 |
Declined |
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3 |
Awaiting a Fax |
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4 |
Overseas |
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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 |
|
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 |
Declined |
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Branch |
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Bank Account Number |
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Type of Account |
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Account Name |
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Overdraft Facilities |
Yes/No |
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Date Opened |
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Bank Code |
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Bank Comment |
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Bank Codes History
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Date requested |
Bank Code |
Enquiry Amount |
Number of RDs |
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 Interestsfor 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 |
Declined |
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Stock |
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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 |
48 |
Active Principals
Principal 1 of 2:MAYA TRIKAM
|
Surname |
TRIKAM |
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First Name |
MAYA |
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Other Names |
None |
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Marital Status |
|
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ID Number |
6810285174088 |
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Verified ID Number |
Yes |
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Current Age |
47 |
|
Designation |
Member |
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Status |
Active |
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Appointment Date |
|
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Physical Address (at time of Appointment) |
62 Swartberg Road GLENVISTA 2000 |
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Postal Address |
P O Box 42235 FORDSBURG 2033 |
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Current Tel Number |
0114324204 |
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Cell number |
0722415994 |
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Current Fax Number |
|
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Current Email Address |
info@MPTrikam.co.za |
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Shareholding |
40% |
Adverse Information for MAYA TRIKAM
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information forMAYA TRIKAM
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
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Previous
Business Interests
|
Average Age of
Previous Business Interests |
3 years |
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Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
REEDS GARDEN
UNIT D6 CC |
2008/141531/23 |
Deregistration
Final |
3 years 11
months |
0 |
No |
Property
Interestsfor MAYA TRIKAM
|
Title Deed No. |
None |
Erf/Site No. |
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|
Deeds Office |
|
Physical Address |
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Property Type |
|
Extent / Size |
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|
Purchase Date |
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Purchase price |
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% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
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Principal 2 of 2: PRAKASH TRIKAM
|
Surname |
TRIKAM |
|
First Name |
PRAKASH |
|
Other Names |
None |
|
Marital Status |
|
|
ID Number |
6207085085053 |
|
Verified ID Number |
Yes |
|
Current Age |
50 |
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Designation |
Member |
|
Status |
Active |
|
Appointment Date |
|
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Physical Address (at time of Appointment) |
62 Swartberg Road GLENVISTA 2000 |
|
Postal Address |
P O Box 42235 FORDSBURG 2033 |
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Current Tel Number |
0114324204 |
|
Cell number |
0827786926 |
|
Current Fax Number |
|
|
Current Email Address |
info@MPTrikam.co.za |
|
Shareholding |
60% |
Adverse
Information for PRAKASH TRIKAM
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for PRAKASH TRIKAM
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MARWAY
INVESTMENTS CC |
1987/000225/23 |
In Business |
25 years 5
months |
0 |
No |
|
DELBREE
PROPERTIES CC |
B2007/068024/23 |
In Business |
5 years 2 months |
0 |
No |
Previous
Business Interests
|
Average Age of
Previous Business Interests |
16 years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
BUMPERPROPS 1040
CC |
1995/052102/23 |
Deregistration
Final |
16 years 6
months |
0 |
No |
Deeds
Information
Property
Interestsfor PRAKASH TRIKAM
|
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.55.92 |
|
|
1 |
Rs.86.03 |
|
Euro |
1 |
Rs.69.13 |
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 SCs 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.