|
Report Date : |
03.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
QUADRANT ENGINEERING PLASTIC PRODUCTS
SOUTH AFRICA (PTY) LTD |
|
|
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Formerly Known As : |
POLYPENCO ENGINEERING PLASTIC PRODUCTS |
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Registered Office : |
No.2 Covora Street Jet Park Road Elandsfontein 1406 |
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Country : |
South Africa |
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Date of Incorporation : |
12.10.1977 |
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Com. Reg. No.: |
1977/003315/07 |
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Legal Form : |
Private Company |
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Line of Business : |
Manufacturing, Moulding, Distributions and marketing of plastics products |
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No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRAs Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
Liquidated |
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Payment Behaviour : |
-- |
|
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 September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
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 |
|
Subject Name |
QUADRANT
ENGINEERING PLASTIC PRODUCTS PTY LTD |
|
Country |
SOUTH
AFRICA |
|
Requested Credit Limit |
Maximum |
|
Enquiry Terms |
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|
Account Review |
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Subject Contact person |
ZELDA
THERON |
|
Assessment |
This
is an established company that has undergone a restructuring and taken over
another business. Once
the take was finalised the new company was established with the name QUADRANT ENGINEERING PLASTIC PRODUCTS PTY
LTD A
number of changes are currently being finalised therefore full information on
the subject is not available. The
name QUADRANT ENGINEERING PLASTIC PRODUCTS PTY LTD originally belonged to an
older company that was liquidated. Please
see available information below. It
is suggested that at present all dealings with the subject be secured. |
|
Registered Name |
QUADRANT
ENGINEERING PLASTIC PRODUCTS SOUTH AFRICA (PTY) LTD |
|
Trading as/ Division Name |
QUADRANT
EPP |
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Previous Name |
POLYPENCO ENGINEERING PLASTIC PRODUCTS |
|
Date of Name Change |
2006-03-27 Recent
Name Change Documents are attached. |
|
Registration Number |
1977/003315/07 |
|
Registration Date |
1977-10-12 |
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Date Commenced Trading |
1977-10-12 |
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Age of Business |
34 Years |
|
History of Business |
The
subject was formed when QUADRANT POLY HI SOLIDUR SA PTY LTD took over the
operations and assets of QUADRANT CHEMPLAST PTY LTD. On completion the name was
changed to QUADRANT ENGINEERING PLASTIC PRODUCTS SOUTH AFRICA (PTY) LTD. |
|
History of Principals |
Unavailable |
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Shareholders and % holding |
Unavailable |
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Authorised Share Capital |
Unavailable |
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Issued Share Capital |
Unavailable |
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Status |
In Business |
|
Operations Assessment |
Manufacturing, Moulding, Distributions and
marketing of plastics |
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Industry/ Customers |
Medical ,Semicon, Alternative Enery,
Automotive, Food & Beverage |
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Export |
Unavailable |
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Major Industry Code / SICC |
338 |
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Definition of Code |
Manufacturing of plastic products |
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Head Office Physical Address |
No.2 Covora Street Jet Park Road ELANDSFONTEIN 1406 |
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Head Office Postal Address |
PO Box 8273 ELANDSFONTEIN 1406 |
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Current Tel Number |
011 3974150 - 011 3974115/0/1/2 |
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Cell number |
Unavailable |
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Current Fax Number |
0113974715 |
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Current Email Address |
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Web Site Address |
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Company Registered Name |
ERNST AND YOUNG INC |
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Trading Name |
Unavailable |
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Registration Number |
M2005/002308/21 |
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Physical Address |
Wanderers Office Park 52 Corlett Drive ILLOVO 2196 |
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Postal Address |
PO Box 2322 JOHANNESBURG 2000 |
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Contact Person |
JEANETTE |
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Contact Number |
011 7723000 |
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Email |
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Principals |
75 Principals |
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Judgements Against Subject |
Unavailable |
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Judgements Against Principals |
Unavailable |
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Subject Verified as Client |
Yes |
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SAICA number |
Unavailable |
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VAT Number |
4280230949 |
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Tax Number |
9414606153 |
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BEE Status |
Level 2 |
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Financial Year End |
June |
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Years With Auditors |
2 Years |
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Website |
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Company Name |
Phone Number |
Time with previous auditors |
|
None |
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Vat Number |
4620110025 |
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Status |
Active |
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Vat Liable Date |
Unavailable |
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Tax Number |
Unavailable |
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Tax Clearance Expire Date |
Unavailable |
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Financial Year End |
December |
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Status |
Unavailable |
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Score |
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Expire Date |
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BEE Certificate Available |
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Type of ISO Grade |
Unavailable |
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ISO Certificate |
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ISO Certificate Available |
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Certified by an Accredited Agent |
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Registered |
Yes/No |
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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 |
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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 |
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The Fleet is made up of |
Unavailable |
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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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Note: One level up and
all levels down
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Holding |
Company |
Sub |
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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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2 |
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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 |
Judgements
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Case Number |
No information on record |
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Amount |
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Reason |
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Court Name |
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Judgement Type |
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Judgement Date |
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Plaintiff
(Multiple) |
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Business
Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
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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 Codes History
|
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
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
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None |
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Property Interestsfor Company
|
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
|
CURRENT ASSETS |
Unavailable |
|
Stock |
|
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 |
Please note that all current principals are resident overseas.
|
Number of Principals |
3 |
|
Average Age of Active Principals |
55 |
Active Principals
Principal 1 of 3: HUB AMKREUTZ
|
Surname |
HUB |
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First Name |
AMKREUTZ |
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Other Names |
Unavailable |
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Marital Status |
Unavailable |
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ID Number |
BA02991460000 |
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Verified ID Number |
No |
|
Current Age |
63 |
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Designation |
CFO Quadrant EPP |
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Status |
Active |
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Appointment Date |
2006-03-07 |
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Physical Address (at time of Appointment) |
Reichstrasse 27 GEBENSTORF 5412 |
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Postal Address |
Reichstrasse 27 GEBENSTORF 5412 |
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Current Tel Number |
Unavailable |
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Cell number |
Unavailable |
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Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
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Shareholding |
Unavailable |
Adverse Information for: HUB AMKREUTZ
Judgement
|
Number of Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for: HUB AMKREUTZ
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 |
39 Years 5 Months |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
QUADRANT ENGINEERING PLASTIC PRODUCTS SOUTH
AFRICA (PTY) LTD |
1972/009445/07 |
Voluntary
Liquidation |
39 Years 5
Months |
0 |
Yes |
Property
Interests for: HUB AMKREUTZ
|
Title Deed No. |
None |
Erf/Site No. |
|
|
Deeds Office |
|
Physical Address |
|
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Property Type |
|
Extent / Size |
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|
Purchase Date |
|
Purchase price |
|
|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
Principal
2 of 3: DANIEL MARK MICHALAK
|
Surname |
MICHALAK |
|
First Name |
DANIEL |
|
Other Names |
MARK |
|
Marital Status |
Unavailable |
|
ID Number |
0265333010000 |
|
Verified ID Number |
No |
|
Current Age |
57 |
|
Designation |
CFO QUADRANT NORTH AMERICA |
|
Status |
Active |
|
Appointment Date |
2006-03-07 |
|
Physical Address (at time of Appointment) |
12501 Covington manor farms road Fort Wayne INDIANA 46814 |
|
Postal Address |
12501 Covington manor farms road Fort Wayne INDIANA 46814 |
|
Current Tel Number |
Unavailable |
|
Cell number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse Information for: DANIEL MARK
MICHALAK
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for: DANIEL MARK
MICHALAK
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Previous
Business Interests
|
Average Age of
Previous Business Interests |
39 Years 5 Months |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
QUADRANT ENGINEERING PLASTIC PRODUCTS SOUTH
AFRICA (PTY) LTD |
1972/009445/07 |
Voluntary
Liquidation |
39 Years 5
Months |
0 |
Yes |
Property
Interests for: DANIEL MARK MICHALAK
|
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 |
|
Principal
3 of 3: MICHAEL KOCK
|
Surname |
KOCK |
|
First Name |
MICHAEL |
|
Other Names |
Unavailable |
|
Marital Status |
Unavailable |
|
ID Number |
354377517 |
|
Verified ID Number |
No |
|
Current Age |
46 |
|
Designation |
CEO QUADRANT EPP |
|
Status |
Active |
|
Appointment Date |
2006-03-07 |
|
Physical Address (at time of Appointment) |
Neufeldstrasse 11 WETTINGEN 5430 |
|
Postal Address |
Neufeldstrasse 11 WETTINGEN 5430 |
|
Current Tel Number |
Unavailable |
|
Cell number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
0.0000 |
Adverse Information for: MICHAEL KOCK
Judgement
|
Number of Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for: MICHAEL KOCK
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Previous
Business Interests
|
Average Age of
Previous Business Interests |
39 Years 5 Months |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
QUADRANT ENGINEERING PLASTIC PRODUCTS SOUTH AFRICA
(PTY) LTD |
1972/009445/07 |
Voluntary
Liquidation |
39 Years 5
Months |
0 |
Yes |
Property
Interests for: MICHAEL KOCK
|
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.49.35 |
|
|
1 |
Rs.78.68 |
|
Euro |
1 |
Rs.65.63 |
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.