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Report Date : |
11.06.2012 |
IDENTIFICATION DETAILS
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Name : |
YAADIEN BOUTIQUE CC |
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Registered Office : |
Shop No 65, Gateway, Umhlanga,
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Country : |
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Date of Incorporation : |
22.04.2004 |
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Com. Reg. No.: |
B2004/036440/23 |
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Legal Form : |
Closed Corporation |
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Line of Business : |
Manufacture Clothing |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s 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 : |
Undetermined |
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Payment Behaviour : |
--- |
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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 |
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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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Registered
Name |
YAADIEN BOUTIQUE CC |
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Trading
as/ Division Name |
THE RAJ COLLECTION |
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Previous
Name |
None |
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Date
of Name Change |
None |
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Registration
Number |
B2004/036440/23 |
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Registration
Date |
2004-04-22 |
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Date
Commenced Trading |
2004-04-22 |
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Age
of Business |
8 Years 2 Months |
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History
of Business |
None |
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History
of Principals |
None |
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Shareholders/Members/Partners
of subject and % holding |
100% NIRMALA NAIDOO |
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Authorised
Share Capital |
R 1000 |
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Issued
Share Capital/Members Contribution |
R 100 |
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Status |
This
Business is Active |
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Operations
Assessment |
Manufacture
Clothing |
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Industry/
Customers |
Unavailable |
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Export |
Unavailable |
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Major
Industry Code / SICC |
Unavailable |
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Definition
of Code |
Unavailable |
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Head
Office Physical Address |
Shop No 65 GATEWAY UMHLANGA DURBAN |
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Head
Office Postal Address |
PO
Box 4 TONGAAT 440 |
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Current
Tel Number |
031
5663192 |
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Cell
number |
083
2957459 |
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Current
Fax Number |
Unavailable |
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Current
Email Address |
Unavailable |
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Web
Site Address |
Unavailable |
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Company
Registered Name |
G GOVENDER AND COMPANY |
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Trading
Name |
Unavailable |
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Registration
Number |
PO Box 38285 POINT 4069 |
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Physical
Address |
Unavailable |
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Postal
Address |
Unavailable |
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Contact
Person |
Unavailable |
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Contact
Number |
Unavailable |
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Email |
Unavailable |
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Principals |
Unavailable |
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Judgements
Against Subject |
Unavailable |
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Judgements
Against Principals |
Unavailable |
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Subject
Verified as Client |
Unavailable |
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SAICA
number |
Unavailable |
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VAT
Number |
Unavailable |
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Tax
Number |
Unavailable |
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BEE Status |
Unavailable |
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Financial
Year End |
Unavailable |
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Years
With Auditors |
Unavailable |
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Website |
Unavailable |
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Company Name |
Phone Number |
Time with previous auditors |
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None |
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Vat
Number |
4250217843 |
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Status |
Active |
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Vat
Liable Date |
2004-12-01 |
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Tax
Number |
9095846151 |
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Tax
Clearance Expire Date |
Unavailable |
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Financial
Year End |
February |
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Status |
Unavailable |
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Score |
Unavailable |
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Expire
Date |
Unavailable |
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BEE
Certificate Available |
Unavailable |
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Type
of ISO Grade |
Unavailable |
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ISO
Certificate |
Unavailable |
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ISO
Certificate Available |
Unavailable |
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Certified
by an Accredited Agent |
Unavailable |
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Registered |
Unavailable |
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Compliance
Certified |
Unavailable |
Subsidiaries
|
Subsidiary Company |
Unavailable |
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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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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 |
Unavailable |
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The Fleet is made up of |
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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 |
Unavailable |
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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Unavailable |
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Branches Owned/ Rented |
Unavailable |
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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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1 |
MEMBER |
NIRMALA NAIDOO |
Note: One level up and all levels down
|
Holding |
Company |
Sub |
|
100% |
YAADIEN
BOUTIQUE CC |
None |
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Company |
Value |
Contact |
|
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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3 |
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4 |
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5 |
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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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3 |
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4 |
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Judgements
|
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 |
Unavailable |
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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 |
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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 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. |
Unavailable |
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 |
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Stock |
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Debtors |
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FIXED ASSETS |
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Plant, Equipment, Vehicles |
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Property |
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CURRENT LIABILITIES |
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Creditors |
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Loans/ From? |
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LONG TERM LIABILITIES |
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Morgage Bonds |
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Previous Year Turnover |
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Estimated Current Year Turnover |
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Current Turnover per month |
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Current Turnover per annum |
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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 |
1 |
|
Average Age of Active Principals |
46 |
Active Principals
Principal 1 of 1: NIRMALA NAIDOO
|
Surname |
NAIDOO |
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First Name |
NIRMALA |
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Other Names |
None |
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Marital Status |
Married |
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ID Number |
6608250191081 |
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Verified ID Number |
Yes |
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Current Age |
46 |
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Designation |
Member |
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Status |
Active |
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Appointment Date |
Unavailable |
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Physical Address (at time of Appointment) |
14 Crater Avenue EVEREST HEIGHTS VERULAM 4340 |
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Postal Address |
PO Box 38285 POINT 4069 |
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Current Tel Number |
031 5663192 |
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Cell number |
083 2957459 |
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Current Fax Number |
086 5161875 |
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Current Email Address |
Unavailable |
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Shareholding |
Unavailable |
Adverse Information for: NIRMALA
NAIDOO
Judgement
|
Number of Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for:
NIRMALA NAIDOO
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
YAADIEN BOUTIQUE CC |
B2004/036440/23 |
In Business |
8 Years 2 Months |
0 |
No |
Previous Business Interests
|
Average Age of Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
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None |
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Deeds Information
Property Interestsfor: NIRMALA
NAIDOO
|
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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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.36 |
|
|
1 |
Rs.85.63 |
|
Euro |
1 |
Rs.69.21 |
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 |
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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 |
|
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 |
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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.