MIRA INFORM REPORT
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Report Date : |
09.03.2012 |
IDENTIFICATION DETAILS
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Name : |
KONTOS ENGINEERING CC |
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Registered Office : |
5 Graphite Street, Driehoek, Germiston 1432 |
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Country : |
South Africa |
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Date of Incorporation : |
01.03.1995 |
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Com. Reg. No.: |
1995/008285/23 |
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Legal Form : |
Closed Corporation |
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Line of Business : |
Not Available |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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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 30th, 2011
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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 |
KONTOS ENGINEERING CC |
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Country |
SOUTH AFRICA |
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Requested Credit Limit |
$1 500 000 |
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Enquiry Terms |
D/A |
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Account Review |
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Subject Contact person |
MARY HAMMOND-011 873 5034-082 3312838 |
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Assessment |
On investigation contact was made with the subject and it was reported that the management and owner is away and only returning next week. A fax questionnaire has been forwarded and as soon as full details are available as of next week, we will forward them. Please see the available information below. We cannot recommend credit dealings at present. |
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Registered Name |
KONTOS ENGINEERING CC |
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Trading as/ Division Name |
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Previous Name |
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Date of Name Change |
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Registration Number |
1995/008285/23 |
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Registration Date |
1995-03-01 |
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Date Commenced Trading |
1995-03-01 |
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Age of Business |
17 Years |
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History of Business |
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History of Principals |
1 |
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Shareholders/Members/Partners of subject
and % holding |
100% |
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Authorised Share Capital |
R 200 |
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Issued Share Capital/Members Contribution |
R 200 |
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Status |
This Business is Active |
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Operations Assessment |
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Industry/ Customers |
03-Manufacturing |
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Export |
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Major Industry Code / SICC |
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Definition of Code |
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Head Office Physical Address |
5 Graphite Street Driehoek GERMISTON 1432 |
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Head Office Postal Address |
PO Box 2243 BEDFORDVIEW 2008 |
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Current Tel Number |
011 8735034 |
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Cell number |
082 3312718 |
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Current Fax Number |
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Current Email Address |
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Web Site Address |
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Company Registered Name |
BROWN AND SPARKS INC |
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Trading Name |
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Registration Number |
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Physical Address |
113 Lonehill Village VILLAGE ESTATE 2062 |
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Postal Address |
PO Box 772 FOURWAYS 2055 |
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Contact Person |
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Contact Number |
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Email |
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Principals |
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Judgements Against Subject |
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Judgements Against Principals |
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Subject Verified as Client |
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SAICA number |
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VAT Number |
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Tax Number |
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BEE Status |
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Financial Year End |
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Years With Auditors |
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Website |
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Previous Auditors
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Company Name |
Phone Number |
Time with previous auditors |
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BRYAN FERRIERA
AND COMPANY |
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16 Years |
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Vat Number |
4550147823 |
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Status |
Active |
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Vat Liable Date |
1995-03-01 |
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Tax Number |
9426331840 |
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Tax Clearance Expire Date |
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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 |
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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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Organisation chart
Company Structure
(Ownership)
Note: One level up and all levels down
Key deals signed within the past 12
months.
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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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2 |
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3 |
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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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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 |
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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
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 |
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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:
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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 |
63 |
Active Principals
Principal 1 of 1: MARY HAMMOND
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Surname |
HAMMOND |
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First Name |
MARY |
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Other Names |
None |
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Marital Status |
Married |
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ID Number |
4901240032180 |
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Verified ID Number |
Yes |
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Current Age |
63 |
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Designation |
Director |
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Status |
Active |
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Appointment Date |
2008-03-14 |
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Physical Address (at time of Appointment) |
14 Lavin Road BEDFORDVIEW 2008 |
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Postal Address |
14 Lavin Road BEDFORDVIEW 2008 |
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Current Tel Number |
011 8735034 |
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Cell number |
082 3312838 |
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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 :MARY HAMMOND
Judgement
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Number of
Judgements |
None |
Debt
Review
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Debt review |
None |
Other
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Default data |
None |
Business Information for :MARY HAMMOND
Current
Business Interests
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Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
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None |
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Previous
Business Interests
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Average Age of
Previous Business Interests |
19 Years |
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Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
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2046 BEDFORDVIEW EXTENSION 410 CC |
1992/015160/23 |
In Business |
19 Years 9 Months |
0 |
No |
Deeds Information
Property
Interestsfor :MARY HAMMOND
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Title Deed No. |
T40381/2001 |
Erf/Site No. |
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Deeds Office |
JOHANNESBURG |
Physical Address |
12 DAWS
BEDFORDVIEW |
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Property Type |
Freehold / Ervin |
Extent / Size |
1223.0SQM |
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Purchase Date |
2001-03-26 |
Purchase price |
R 280 000 |
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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.50.57 |
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UK Pound |
1 |
Rs.79.57 |
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Euro |
1 |
Rs.66.50 |
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.