|
Report Date : |
30.06.2012 |
IDENTIFICATION DETAILS
|
Correct Name : |
PI CATO |
|
|
|
|
|
|
Registered Office : |
22 Dolphin Ridge, |
|
|
|
|
|
|
Country : |
|
|
|
|
|
|
|
Date of Incorporation : |
June 2006 |
|
|
|
|
|
|
Com. Reg. No.: |
6504165132080 |
|
|
|
|
|
|
Legal Form : |
Private Limited company |
|
|
|
|
|
|
Line of Business : |
Wholesale trade in textiles, clothing and footwear |
|
|
|
|
|
|
No. of Employees : |
Not
Available |
|
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Unknown |
|
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 |
PI
CATO T/A CATLEX AGENCIES |
|
Country |
SOUTH
AFRICA |
|
Subject Contact person |
PETER
CATO - OWNER (082 3701839) |
|
Assessment |
On
investigation we made contact with the subject and we were referred Mr PETER
CATO the owner of the subject. MR.
CATO assisted with some information on the subject and requested more time to
complete the questionnaire. We
await further information on the subject. Please
see the available information for the subject below. |
|
Registered Name |
PI CATO - 6504165132080 |
|
Trading as/ Division Name |
CATLEX AGENCIES |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
6504165132080 |
|
Registration Date |
2006/06 |
|
Date Commenced Trading |
2006/06 |
|
Age of Business |
6 Years |
|
History of Business |
Started out as a new business. |
|
History of Principals |
1 Active Director |
|
Shareholders and % holding |
100% PETER CATO |
|
Authorised Share Capital |
Unavailable |
|
Issued Share Capital |
Unavailable |
|
Status |
In Business |
|
Operations Assessment |
Import and distribution of Textiles. |
|
Industry/ Customers |
Unavailable |
|
Export |
None |
|
Major Industry Code / SICC |
61310 |
|
Definition of Code |
Wholesale trade in textiles, clothing and footwear |
|
Head Office Physical Address |
22 Dolphin Ridge Otto Du Plessis Road BLOUBERGSTRAND 7441 |
|
Head Office Postal Address |
PO Box 365 TABLE VIEW 7439 |
|
Current Tel Number |
021 5544747 |
|
Cell number |
082 3701839 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
|
|
Web Site Address |
None |
|
Company Registered Name |
Unavailable |
|
Trading Name |
|
|
Registration Number |
|
|
Physical Address |
|
|
Postal Address |
|
|
Contact Person |
|
|
Contact Number |
|
|
Email |
|
|
Principals |
|
|
Judgements Against Subject |
|
|
Judgements Against Principals |
|
|
Subject Verified as Client |
|
|
SAICA number |
|
|
VAT Number |
|
|
Tax Number |
|
|
BEE Status |
|
|
Financial Year End |
|
|
Years With Auditors |
|
|
Website |
|
Previous Auditors
|
Company Name |
Phone Number |
Time with previous auditors |
|
Unavailable |
|
|
|
Vat Number |
4220228474 |
|
Status |
Active |
|
Vat Liable Date |
2006-06-01 |
|
Tax Number |
Unavailable |
|
Tax Clearance Expire Date |
Unavailable |
|
Financial Year End |
Unavailable |
|
Status |
None |
|
Score |
|
|
Expire Date |
|
|
BEE Certificate Available |
|
|
Type of ISO Grade |
None |
|
ISO Certificate |
|
|
ISO Certificate Available |
|
|
Certified by an Accredited Agent |
|
|
Registered |
None |
|
Compliance Certified |
|
Subsidiaries
|
Subsidiary Company |
None |
|
Shareholding |
|
|
Registration Number |
|
|
Import / Export |
|
|
Number of
Employees |
None |
|
1. Salaried
employees |
|
|
2. Waged
employees |
|
|
3. Permanent
employees |
|
|
4. Casual
employees |
|
|
5. Contracted
employees |
|
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
|
Fleet Operations |
|
|
|
|
|
The Fleet is made up of |
No Vehicles |
|||
|
1. Cars |
|
|
|
|
|
2. Light
Delivery Vehicles |
|
|
|
|
|
3. Trailers |
|
|
|
|
|
4. Busses |
|
|
|
|
|
5. Trucks |
|
|
|
|
|
6. Fork
Lifts |
|
|
|
|
|
7. Other |
|
|
|
|
|
Offices |
|
Head Office Owned/ Rented |
Owned |
|
Owned by |
Unavailable |
|
Value |
Unavailable |
|
Bond |
Unavailable |
|
Bank |
Unavailable |
|
Type of Premises |
House with office rights |
Branches
Names |
Country |
Province |
|
Unavailable |
|
|
Branches Owned/ Rented |
Unavailable |
|
Rental Company |
|
|
Owned |
|
|
Value |
|
|
Bank |
|
|
Bond |
|
|
Lease Agreement |
|
|
Lease Expire Date |
|
|
Type of Premises |
|
Organisation chart
|
Level |
Position |
Name |
|
1 |
Owner |
PETER CATO |
Company Structure
(Ownership)
Note: One level up and
all levels down
|
Holding |
Company |
Sub |
|
100 % |
CATLEX AGENCIES |
Unavailable |
Key deals signed within the past 12
months.
|
Company |
Value |
Contact |
|
Unavailable |
|
|
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
|
1 |
Unavailable |
|
|
|
Trade References
Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
Unavailable |
|
|
|
|
|
|
Judgements
|
Judgements |
1 |
|
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 |
Unavailable |
|
Branch |
|
|
Bank Account Number |
|
|
Type of Account |
|
|
Account Name |
|
|
Overdraft Facilities |
|
|
Date Opened |
|
|
Bank Code |
|
|
Bank Comment |
|
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 Interests
for 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 |
1 |
|
Average Age of Active Principals |
47 |
Active Principals
Principal 1 of 1: PETER CATO
|
Surname |
CATO |
|
First Name |
PETER |
|
Other Names |
IAN |
|
Marital Status |
Married |
|
ID Number |
6504165132080 |
|
Verified ID Number |
Yes |
|
Current Age |
47 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
Unavailable |
|
Physical Address (at time of Appointment) |
22 Dolphin Ridge Otto Du Plessis Road BLOUBERGSTRAND 7441 |
|
Postal Address |
PO Box 365 TABLE VIEW 7439 |
|
Current Tel Number |
021 5544747 |
|
Cell number |
0823701839 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
|
|
Shareholding |
100% |
Adverse Information for: PETER CATO
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: PETER CATO
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
CATTEX AGENCIES |
6504165132080 |
In Business |
6 Years |
0 |
No |
Previous
Business Interests
|
Average Age of
Previous Business Interests |
13 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
FOREFRONT INVESTMENTS 3 CC |
1998/018521/23 |
In Business |
14 Years 2 Months |
0 |
No |
|
KEELY AND CATO AGENCIES CC |
1999/033650/23 |
Deregistration Final |
13 Years |
0 |
No |
Deeds
Information
Property
Interests for: PETER CATO
|
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.56.31 |
|
UK Pound |
1 |
Rs.88.06 |
|
Euro |
1 |
Rs.70.91 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.