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Report Date : |
15.06.2012 |
IDENTIFICATION DETAILS
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Name : |
MOSON TILE AND DÉCOR (PTY) LTD |
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Registered Office : |
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Country : |
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Date of Incorporation : |
04.12.2001 |
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Com. Reg. No.: |
2001/029062/07 |
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Legal Form : |
Private Company |
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Line of Business : |
Manufacture
of refractory ceramic products |
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No. of Employees : |
50 |
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 |
|
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 |
MOSON
TILE AND DECOR (PTY) LTD |
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Country |
SOUTH
AFRICA |
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Requested Credit Limit |
US
$ 150 000.00 |
|
Enquiry Terms |
30
Days |
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Account Review |
6
MONTHS |
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Subject Contact person |
MOHAMMED
PATEL-011 8350273 |
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Assessment |
Total
Credit Limit Exposure: R 150 000.00 This is a well-established large company that is
well connected. Financials were declined by respondents as well as
banking information. The subject is meeting commitments timeously with
suppliers up to substantial amounts. We
were unable to obtain a bank code without banking details. |
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Registered Name |
MOSON TILE AND DÉCOR (PTY) LTD |
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Trading as/ Division Name |
TREND TAP AND TILE |
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Previous Name |
None |
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Date of Name Change |
None |
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Registration Number |
2001/029062/07 |
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Registration Date |
2001-12-04 |
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Date Commenced Trading |
2001-12-04 |
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Age of Business |
10 Years 6 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 |
Deemed Confidential |
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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 |
Selling Tiles |
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Industry/ Customers |
Public |
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Export |
None |
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Major Industry Code / SICC |
3422 |
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Definition of Code |
Manufacture of refractory
ceramic products |
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Head Office Physical Address |
262 Crown Wood Road ORMONDE 2092 |
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Head Office Postal Address |
PO Box 2075 SOUTHDALE 2091 |
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Current Tel Number |
011 8350273 |
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Cell number |
083 4417386 |
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Current Fax Number |
011 8354228 |
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Current Email Address |
ttt@telkomsa.net |
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Web Site Address |
None |
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Company Registered Name |
H POCHEE AND COMPANY(Sole
Proprietor) |
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Trading Name |
None |
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Registration Number |
5312295151058 |
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Physical Address |
37 Kruger Avenue VEREENIGING 1939 |
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Postal Address |
PO Box 2372 VEREENIGING 1939 |
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Contact Person |
Bilal Saley |
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Contact Number |
016 4551436 |
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Email |
bilal@pochco.co.za |
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Principals |
1 |
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Judgements Against Subject |
None |
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Judgements Against Principals |
None |
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Subject Verified as Client |
Yes |
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SAICA number |
Unavailable |
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VAT Number |
4130121678 |
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Tax Number |
Unavailable |
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BEE Status |
Level1 |
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Financial Year End |
February |
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Years With Auditors |
10 Years |
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Website |
www.pochco.co.za |
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Company Name |
Phone Number |
Time with previous auditors |
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None |
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Vat Number |
4120201837 |
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Status |
Active |
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Vat Liable Date |
2001-12-04 |
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Tax Number |
9849064143 |
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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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Type of ISO Grade |
Unavailable |
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Registered |
Unavailable |
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Compliance Certified |
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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 |
50 |
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1. Salaried
employees |
50 |
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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 |
Warehouse/ Offices |
Head Office Owned/ Rented |
Owned |
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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 |
Warehouse/ Offices |
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Branches Names |
Country |
Province |
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KIMBERLY |
SOUTH AFRICA |
NORTHERN CAPE |
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EAST LONDON |
SOUTH AFRICA |
EASTERN CAPE |
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NELSPRUIT |
SOUTH AFRICA |
MPUMALANGA |
Branches Owned/ Rented |
Deemed Confidential |
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Level |
Position |
Name |
|
1 |
DIRECTOR |
MOHAMMED PATEL |
Note: One level up and
all levels down
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Holding |
Company |
Sub |
|
100% |
MOHAMMED PATEL |
None |
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Company |
Value |
Contact |
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None |
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Trade Reference nr |
Supplier |
Contact |
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1 |
SOLCAN TILING |
011 8496651 |
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2 |
DIRECT INTERNATIONAL |
011 9464400 |
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3 |
GV DEBELA |
011 3923913 |
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 |
5 Years |
R 150 000.00 |
R 80 000.00 |
30 Days |
R 70 000.00 |
30 Days |
Very Good |
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2 |
Do |
Not |
Give |
Trade |
Reference |
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3 |
2 Years |
Open Account |
R 76 000 |
30 Days |
R 40 000.00 |
30 Days |
Very Good |
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 |
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None |
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Default
Listings
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Date |
Details |
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None |
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Notarial
Bonds
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Date |
Details |
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None |
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Bank |
Deemed Confidential |
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 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 |
Deemed 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 |
1 |
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Average Age of Active Principals |
39 |
Principal 1 of 1: MOHAMMED PATEL
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Surname |
PATEL |
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First Name |
MOHAMMED |
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Other Names |
None |
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Marital Status |
Married |
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ID Number |
7307165113087 |
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Verified ID Number |
Yes |
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Current Age |
39 |
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Designation |
Director |
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Status |
Active |
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Appointment Date |
2001-12-04 |
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Physical Address (at time of Appointment) |
11 Julani Street ROSHNEE 1936 |
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Postal Address |
PO Box 2317 VEREENIGING 1930 |
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Current Tel Number |
011 8350273 |
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Cell number |
083 4417386 |
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Current Fax Number |
011 8354228 |
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Current Email Address |
mmpatel@telkomsa.net |
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Shareholding |
(if the principal owns shares) |
Adverse
Information for: MOHAMMED PATEL
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for :MOHAMMED PATEL
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
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MOSON TILE AND DECIR (PTY) LTD |
2001/029062/07 |
In Business |
10 Years 6 Months |
0 |
No |
Previous Business Interests
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Average Age of
Previous Business Interests |
9 Years |
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Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
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MOOSA PATEL FAMILY INVESTMENT (PTY) LTD |
M2002/018060/07 |
In Business |
9 Years 11 Months |
0 |
No |
Property
Interestsfor: MOHAMMED PATEL
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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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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.79 |
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|
1 |
Rs.86.37 |
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Euro |
1 |
Rs.70.07 |
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 |
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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.