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Report Date : |
01.03.2012 |
IDENTIFICATION DETAILS
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Name : |
SHUKRIYA’S BOUTIQUE CC |
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Registered Office : |
27 Lauth Road Pinetown 4092 |
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Country : |
South Africa |
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Date of Incorporation : |
11.02.2005 |
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Com. Reg. No.: |
B2005/016976/23 |
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Legal Form : |
Close Corporation |
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Line of Business : |
Manufacture of textiles, clothing and leather goods |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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South Africa |
A2 |
A2 |
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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 |
SHUKRIYA”S
BOUTIQUE CC |
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Country |
SOUTH
AFRICA |
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Requested Credit Limit |
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Enquiry Terms |
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Account Review |
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Subject Contact person |
COGLAN
– 079 8895851 – 031 7096467 |
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Assessment |
This is an
established company. On investigation
the manger declinedto assist with information telephonically and an email questionnaire
was forwarded. We are still awaiting information via an email questionnaire
that has not as yet been completed. . Please see the
available information below and as soon as any further details are available
they will be forwarded to our client. We have further
attempted to obtain details and all attempts have proved unsuccessful. No further
information has been forthcoming. We can therefore not provide any comment on the
subject at present. |
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Registered Name |
SHUKRIYA’S BOUTIQUE CC |
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Trading as/ Division Name |
SHUKRIYA’S IMPORTS |
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Previous Name |
None |
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Date of Name Change |
None |
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Registration Number |
B2005/016976/23 |
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Registration Date |
2005-02-11 |
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Date Commenced Trading |
2005-02-11 |
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Age of Business |
7 Years |
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History of Business |
1 |
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History of Principals |
Unavailable |
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Shareholders/Members/Partners of subject
and % holding |
100% PRAVISHA MUDALY |
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Authorised Share Capital |
R 100 |
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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 |
Making clothes and exporting |
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Industry/ Customers |
31-Manufacture of textiles, clothing and
leather goods |
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Export |
INDIA etc. |
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Major Industry Code / SICC |
6232 |
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Definition of Code |
Retail trade in textiles,
clothing, footwear and leather goods. |
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Head Office Physical Address |
27 Lauth Road PINETOWN 4092 |
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Head Office Postal Address |
PO Box 562434 CHATSWORTH 4092 |
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Current Tel Number |
031 7096467 |
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Cell number |
079 8895851 |
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Company Registered Name |
S R MAHARAJ ACCOUNTS |
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Trading Name |
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Registration Number |
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Physical Address |
94 Armstrong Avenue Armstrong House, Suite 5 La Lucia KWAZULU NATAL 4051 |
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Postal Address |
PO Box 19582 DORMERTON 4015 |
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Contact Person |
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Contact Number |
031 5832612 |
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Email |
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Principals |
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Judgements Against Subject |
None |
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Judgements Against Principals |
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Company Name |
Phone Number |
Time with previous auditors |
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U MISRA |
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Unknown |
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Vat Number |
Unavailable |
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Tax Number |
9121861158 |
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Financial Year End |
February |
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Status |
Unavailable |
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Score |
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Expire Date |
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BEE Certificate Available |
Yes/No |
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Type of ISO Grade |
Unavailable |
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ISO Certificate |
Yes/No |
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ISO Certificate Available |
Yes/No |
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Certified by an Accredited Agent |
Yes/No |
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Registered |
Unavailable |
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Compliance Certified |
Yes/No |
Subsidiaries
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Subsidiary Company |
Unavailable |
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Shareholding |
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Registration Number |
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Import / Export |
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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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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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Note: One level up and
all levels down
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Company |
Value |
Contact |
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Unavailable |
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Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
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1 |
Unavailable |
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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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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
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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 |
Unavailable |
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 |
Unavailable |
Please note the
following:
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Turnover and assets less than R 1,000,000.00 |
The subject falls within the National Credit Act |
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Turnover and assets less than R 2,000,000.00 |
The subject falls within the Consumer Protection Act |
Principals
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Number of Principals |
1 |
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Average Age of Active Principals |
33 |
Active Principals
Principal 1 of 1: PRAVISHA MUDALY
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Surname |
MUDALY |
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First Name |
PRIVISHA |
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Other Names |
None |
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Marital Status |
Married |
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ID Number |
7911170078084 |
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Verified ID Number |
Yes |
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Current Age |
33 |
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Designation |
Director |
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Status |
Active |
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Appointment Date |
2008-04-15 |
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Physical Address (at time of Appointment) |
27 Lauth Road PINETOWN 3610 |
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Postal Address |
PO Box 562434 CHATSWORTH 4030 |
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Current Tel Number |
031 7096467 |
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Cell number |
074 1145471 |
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Current Fax Number |
Unavailable |
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Current Email Address |
Unavailable |
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Shareholding |
(if the principal owns shares) |
Adverse Information for: PRAVISHA MUDALY
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
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Default data |
None |
Business Information for: PRAVISHA MUDALY
Current
Business Interests
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Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
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Previous
Business Interests
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Average Age of
Previous Business Interests |
None |
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Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
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Property
Interestsfor: PRAVISHA MUDALY
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Title Deed No. |
T50020/2006 |
Erf/Site No. |
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Deeds Office |
PIETERMARITZBURG |
Physical Address |
PINETOWN NEW
GERMANY |
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Property Type |
Freehold / Ervin |
Extent / Size |
1297.0SQM |
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Purchase Date |
2006-02-23 |
Purchase price |
R 400 000.00 |
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% Ownership |
0.0000 |
Bond Holder |
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Bond Number |
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Bond Amount |
R 0.00 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
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US Dollar |
1 |
Rs.48.94 |
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|
1 |
Rs.77.95 |
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Euro |
1 |
Rs.65.94 |
RATING EXPLANATIONS
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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 |
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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 |
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<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.