MIRA INFORM REPORT

 

 

Report Date :

10.03.2012

 

IDENTIFICATION DETAILS

 

Name :

NATIONAL DAIRY EQUIPMENT (PTY) LTD

 

 

Registered Office :

Unit 2 Fourways Manor Office Park Roos Street Fourways 2055

 

 

Country :

South Africa

 

 

Date of Incorporation :

10.05.1952

 

 

Com. Reg. No.:

M1952/001360/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Not Available

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

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 – 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

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Summary

 

Subject Name

NATIONAL DAIRY EQUIPMENT (PTY) LTD

Country

SOUTH AFRICA

Requested Credit Limit

Maximum

Enquiry Terms

 

Account Review

 

Subject Contact person

CAROLINE

 

Assessment

 

 

 

 

On investigation we made contact with CAROLINE who declined to assist over the phone she requested a questionnaire be sent to the company.

We have however confirmed the auditor’s information.

We await further information to be sent.

Please at present see available information for the subject below

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company Information

 

Registered Name

NATIONAL DAIRY EQUIPMENT (PTY) LTD

Trading as/ Division Name

NDE

Previous Name

Unavailable

Date of Name Change

Unavailable

Registration Number

M1952/001360/07

Registration Date

1952-05-10

Date Commenced Trading

1952-05-10

Age of Business

59 Years 10 Months

History of Business

Unavailable

History of Principals

Unavailable

Shareholders and  % holding

Unavailable

Authorised Share Capital

0.0000

Issued Share Capital

0

Status

In Business

Operations Assessment

Unavailable

Industry/ Customers

Unavailable

Export

Unavailable

Major Industry Code / SICC

Unavailable

Definition of Code

Unavailable

Head Office Physical Address

 

 

Unit 2 Fourways Manor

Office Park

Roos Street

FOURWAYS

2055

Head Office Postal Address

 

 

PO Box 760

FONTAINEBLEAU

2032

Current Tel Number

011 7910630

Cell number

Unavailable

Current Fax Number

011 7921215

Current Email Address

caroline@nde.co.za

Web Site Address

Unavailable

 

 

Auditors Information

 

Company Registered Name

KPMG INCORPORATED

Trading Name

KPMG

Registration Number

1999/021543/21

Physical Address

85 Empire Road

Parktown

JOHANNESBURG

Postal Address

Private Bag X9

PARKVIEW

2122

Contact Person

Mr. NICO BOTHA

Contact Number

011 6476576

Email

nico.botha@kpmg.co.za

Principals

Unavailable

Judgements Against Subject

Unavailable

Judgements Against Principals

Unavailable

Subject Verified as Client

Yes

SAICA number

04846622

VAT Number

4530188665

Tax Number

9559555843

BEE Status

AAA

Financial Year End

June

Years With Auditors

7

Website

www.kpmg.co.za

 

 

Previous Auditors

 

Company Name

Phone Number

Time with previous auditors

KPMG AIKEN AND PEAT

 

22 – Name Change

 


 

Tax Information

 

Vat Number

Unavailable

Status

Unavailable

Vat Liable Date

Unavailable

Tax Number

9425108843

Tax Clearance Expire Date

Unavailable

Financial Year End

August

 

 

Black Economic Empowerment

 

Status

Unavailable

 

 

ISO Status

 

Type of ISO Grade

Unavailable

 

 

Workman’s compensation

 

Registered

Unavailable

Compliance Certified

 

 

 

Company Structure

Subsidiaries

 

Subsidiary Company

Unavailable

 

 

Number of Employees

Unavailable

1.       Salaried employees

 

 



Company Fleet

No of vehicles:

Owned/ Leased

Value

Outstanding Balance

Fleet Operations

 

 

 

 

The Fleet is made up of

Unavailable

1.       Cars

 

 

 

 

 

Offices

Unavailable

Owned by

 

Value

 


 

Branches Names

Country

Province

Unavailable

 

 

 


Branches Owned/ Rented

Unavailable

Rental Company

 

                       

Management Overview

 

Organisation chart

Level

Position

Name

Unavailable

 

 

 

Company Structure (Ownership)

Note: One level up and all levels down

Holding

Company

Sub

Unavailable

 

 

 

 

Trade References

 

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

 

 

 

 

 

 

 

 

Adverse Information on Subject

 

Judgements

 

Judgements

None

Possible Judgements

None

Civil Court

None

RDs

None

 

Judgements

Case Number

None

 

Business Rescue

Date registered

Business rescue practitioner

Contact Information

Details

None

 

 

 

 

Default Listings

Date

Details

2008-10-07

Rescission

 

 

Notarial Bonds

Date

Details

None

 

 

 

Bank Information

 

Bank

Unavailable

Branch

 

Bank Account Number

 

Type of Account

 

Account Name

 

Overdraft Facilities

Yes/No

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

Unavailable

 

 

 

 

 

 

 

 

 

Previous Bank Accounts

Banker

Branch Code

Account Holder

Account number

Date opened

Years with bank

Unavailable

 

 

 

 

 

 

 

Deeds Information

 

Property Interestsfor Company

Title Deed No.

T38301/1999

Erf/Site No.

0

Deeds Office

Cape Town

Physical Address

113 Victoria

Woodstock

CAPE TOWN

Property Type

Freehold / Ervin

Extent / Size

675.0SQM

Purchase Date

1999-03-31

Purchase price

R 750 000,00

% Ownership

0.0000

Bond Holder

ABSA BANK LTD

Bond Number

B189111999

Bond Amount

R 700 000,00

 

 

Financial Information

 

Financial Estimates

CURRENT ASSETS

Unavailable

Stock

 

Debtors

 

FIXED ASSETS

 

Plant, Equipment, Vehicles

 

Property

 

 

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

5

Average Age of Active Principals

51

 

Active Principals

 

Principal 1 of 5: HARDY ESTERHUIZEN

 

Surname

ESTERHUIZEN

First Name

HARDY

Other Names

None

Marital Status

Unavailable

ID Number

7102235069082

Verified ID Number

Yes

Current Age

41

Designation

Businessman

Status

Active

Appointment Date

2007-05-01

Physical Address (at time of Appointment)

No. 7 Korundum Avenue

Wilro Park

ROODEPOORT

1725

Postal Address

No. 7 Korundum Avenue

Wilro Park

ROODEPOORT

1725

Current Tel Number

011 7686051

Cell number

082 4091708

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0.0000

 

 

Adverse Information for: HARDY ESTERHUIZEN

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for: HARDY ESTERHUIZEN

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

NATIONAL DAIRY EQUIPMENT (PTY) LTD

M1952/001360/07

In Business

59 Years 10 Months

0

No

 

Previous Business Interests

Average Age of Previous Business Interests

None

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

None

 

 

 

 

 

 

 

Deeds Information

 

Property Interests for: HARDY ESTERHUIZEN

 

Title Deed No.

T3837/2003

Erf/Site No.

 

Deeds Office

Johannesburg

Physical Address

No. 7 Korundum Avenue

Wilro Park

ROODEPOORT

1725

Property Type

Freehold / Ervin

Extent / Size

1211.0SQM

Purchase Date

2002-11-07

Purchase price

R 540 000,00

% Ownership

0.0000

Bond Holder

FIRSTRAND BANK LTD

Bond Number

B29362003

Bond Amount

R 360 000,00

 

Principal 2 of 5: ANDRIES SCHREUDER

Surname

SCHREUDER

First Name

ANDRIES

Other Names

N

Marital Status

Unavailable

ID Number

6705315032084

Verified ID Number

Yes

Current Age

45

Designation

Branch Manager

Status

Active

Appointment Date

2004-01-01

Physical Address (at time of Appointment)

35 Fivas Street

AURORA

7550

Postal Address

PO Box 3262

LYTTELTON SOUTH

0157

Current Tel Number

021 9762143

Cell number

082 5588736

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0.0000

 

 

Adverse Information for: ANDRIES SCHREUDER

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for: ANDRIES SCHREUDER

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

NATIONAL DAIRY EQUIPMENT (PTY) LTD

M1952/001360/07

In Business

59 Years 10 Months

0

No

 

Previous Business Interests

Average Age of Previous Business Interests

11 Years 4 Months

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

PABUNT CC

2000/067266/23

Deregistration Final

11 Years 4 Months

0

No

 

 

Deeds Information

 

Property Interests for: ANDRIES SCHREUDER

 

Title Deed No.

T12622/2006

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

3 Cabernet

Vergesig

DURBANVILLE

Property Type

Freehold / Ervin

Extent / Size

1109.0SQM

Purchase Date

2005-12-14

Purchase price

R 1 880 000,00

% Ownership

0.0000

Bond Holder

NEDBANK LTD

Bond Number

B173692006

Bond Amount

R 1 500 000,00

 

Principal 3 of 5: LOGANARTHAN LOGANARTHAN

Surname

LOGANARTHAN

First Name

LOGANARTHAN

Other Names

Unavailable

Marital Status

Unavailable

ID Number

5703085141053

Verified ID Number

No

Current Age

55

Designation

Manager

Status

Active

Appointment Date

2000-11-01

Physical Address (at time of Appointment)

16A Montmedy Road

Lorraine

PORT ELIZABETH

6001

Postal Address

PO Box 2907

NORTH END

6065

Current Tel Number

041 4534548

Cell number

082 5723529

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0.0000

 


 

Adverse Information for: LOGANARTHAN LOGANARTHAN

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for: LOGANARTHAN LOGANARTHAN

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

NATIONAL DAIRY EQUIPMENT (PTY) LTD

M1952/001360/07

In Business

59 Years 10 Months

0

No

 

Previous Business Interests

Average Age of Previous Business Interests

None

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Unavailable

 

 

 

 

 

 

 

 

 

 

 

 

 

Deeds Information

 

Property Interests for: LOGANARTHAN LOGANARTHAN

 

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 4 of 5: LLEWELLYN DOLLMAN

Surname

DOLLMAN

First Name

LLEWELLYN

Other Names

Unavailable

Marital Status

Unavailable

ID Number

5309105091086

Verified ID Number

Yes

Current Age

59

Designation

Director

Status

Active

Appointment Date

1996-04-26

Physical Address (at time of Appointment)

Anreithstraat 5

SOMERSET WES

7130

Postal Address

Anreithstraat 5

SOMERSET WES

7130

Current Tel Number

021 8525520

Cell number

082 5554814

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0.0000

 

 

Adverse Information for: LLEWELLYN DOLLMAN

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for: LLEWELLYN DOLLMAN

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

ARGENTIC PROPERTIES (PTY) LTD

2004/035290/07

In Business

7 Years 3 Months

0

No

NATIONAL DAIRY EQUIPMENT (PTY) LTD

M1952/001360/07

In Business

59 Years 10 Months

0

No

 

Previous Business Interests

Average Age of Previous Business Interests

66 Years 5 Months

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

NATIONAL DAIRY (ENGINEERING) (PTY) LTD

1945/019761/07

Deregistration Process

66 Years 5 Months

0

No

 

 

Deeds Information

 

Property Interests for: LLEWELLYN DOLLMAN

 

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 5 of 5: MICHEAL CAMPBELL

Surname

CAMPBELL

First Name

MICHEAL

Other Names

Unavailable

Marital Status

Unavailable

ID Number

5411235078080

Verified ID Number

Yes

Current Age

58

Designation

CA

Status

Active

Appointment Date

1984-02-01

Physical Address (at time of Appointment)

8 Stratton Road

BRYANSTON

2021

Postal Address

PO Box 760

FONTAINBLEAU

2032

Current Tel Number

011 4636500

Cell number

072 7218067

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

0.0000

 

Adverse Information for: MICHEAL CAMPBELL

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information for: MICHEAL CAMPBELL

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

NATIONAL DAIRY (ENGINEERING) (PTY) LTD

1945/019761/07

Deregistration Final

66 Years 5 Months

0

No

SNIDEMAN TRUST (PTY) LTD

1949/033127/07

In Business

63 Years

0

No

SS AND D PROPERTIES CC

1989/025057/23

Conversion CO/CC or CC/CO

22 Years 7 Months

0

No

BLUE WAVES PROPERTIES 10 (PTY) LTD

2006/007748/07

In Business

6 Years

0

No

NATIONAL DAIRY EQUIPMENT (PTY) LTD

M1952/001360/07

In Business

59 Years 10 Months

0

No

NATIONAL DAIRY EQUIPMENT (CAPE) (PTY) LTD

M1964/005167/07

In Business

47 Months 8 Months

0

No

EASTERN PROVINCE FARMING PROPERTIES NO 3 (PTY) LTD

M1991/000098/07

In Business

21 Years 2 Months

0

No

SOUTHERN AFRICA STAINLESS STEEL DEVELOPEMENT ASSOCIATION

M2003/022992/08

In Business

8 Years 6 Months

0

No

 

Previous Business Interests

Average Age of Previous Business Interests

22 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

NPP FOOD TECHNOLOGISTS (PTY) LTD

1982/008022/07

Deregistration Final

29 Years 7 months

0

No

FOREST VENTURE DAIRIES (PTY) LTD

1989/004515/07

Deregistration Final

22 Years 7 Months

0

No

FOREST LIVESTOCK VENTURE (PTY) LTD

1990/005613/07

Deregistration Final

21 Years 6 Months

0

No

EASTERN PROVINCE FARMING PROPERTIES NO 1 (PTY) LTD

1991/000095/07

Deregistration Final

21 Years 2 Months

0

No

EASTERN PROVINCE FARMING PROPERTIES NO 2 (PTY) LTD

1991/000097/07

Deregistration Final

21 Years 2 Months

0

No

BASFOUR 333 (PTY) LTD

1997/018054/07

Deregistration Final

14 Years 5 Months

0

No

ST GEORGE’S VILLAGE MANAGEMENT ASSOCIATION

M1985/005263/08

In Business

26 Years 4 Months

0

No

WHITNEY FARM ENTERPRISES (PTY) LTD

M1990/002770/07

Deregistration Final

21 Years 10 Months

0

No

 

 

Deeds Information

 

Property Interests for: MICHEAL CAMPBELL

 

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.50.02

UK Pound

1

Rs.79.01

Euro

1

Rs.66.18

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.