|
Report Date : |
16.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
ARTHUR KAPLAN (PTY) LTD |
|
|
|
|
Registered Office : |
No4 7th Avenue, Parktown North, 2193 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
29.09.2000 |
|
|
|
|
Com. Reg. No.: |
2000/022847/21 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
The Retailing of Luxury Jewellery and Watches. |
|
|
|
|
No. of Employees : |
95 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
R 1 000 000 |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No complaints |
|
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 |
|
Subject Name |
ARTHUR KAPLAN (PTY) LTD |
|
Country |
SOUTH
AFRICA |
|
Requested Credit Limit |
R 1
000 000 |
|
Enquiry Terms |
60
DAYS |
|
Account Review |
6
MONTHS |
|
Subject Contact person |
Mr. Van Staden
- Financial Manager Telephone number: 011 6695600 |
|
Assessment |
Total
Credit Limit Exposure: Total
Suretyship: This
is well-established company. The
subject is meeting commitments timeously with suppliers. A
bank code revealed that the subject would be considered as equal to
R1 000 000 over 60 days. The
subject is therefore considered as equal to its normal business engagements. |
|
|
ARTHUR KAPLAN (PTY) LTD |
|
Trading as/ Division Name |
ARTHUR KAPLAN JEWELLERS |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
2000/024894/07 |
|
Registration Date |
2000-09-29 |
|
Date Commenced Trading |
2000-09-29 |
|
Age of Business |
11 Years 6 Months |
|
History of Business |
The subject was registered to
incorporate the trading operations, assets and liabilities of a company
namely ARTHUR KAPLAN JEWELLERS (PTY) LTD – registration certificate
number: 1973/004026/07 |
|
Shareholders/Members/Partners of subject and % holding |
100 % AKJ HOLDING (PTY) LTD –
registration certificate number:
2002/026835/07 |
|
Authorised Share Capital |
R1 000 divided into 1 000 ordinary R1 shares |
|
Issued Share Capital/Members Contribution |
R100 |
|
Status |
This Business is Active |
|
Operations Assessment |
The retailing of luxury jewellery and watches. |
|
Industry/ Customers |
General public |
|
Export |
None |
|
Major Industry Code / SICC |
39211 |
|
Definition of Code |
Jewellery and
related articles composed of precious metals, precious and semi-precious
stones and pearls |
|
Head Office Physical Address |
9th Floor The Forum 2 Maude Street SANDTON Gauteng |
|
Head Office Postal Address |
PO Box 784429 SANDTON 2146 |
|
Current Tel Number |
011 6695600 |
|
Cell number |
Unavailable |
|
Current Fax Number |
011 6695601 |
|
Current Email Address |
Unavailable |
|
Web Site Address |
|
Company Registered Name |
J C BARNARD AND
PARTNERS JOHANNESBURG INCORPORATED |
|
Trading Name |
JCB (JHB) |
|
Registration Number |
2000/022847/21 |
|
Physical Address |
NO4 7TH AVENUE PARKTOWN NORTH 2193 |
|
Postal Address |
PO Box 2152 PARKLANDS 2121 |
|
Contact Person |
ALMARISKYPES |
|
Contact Number |
011 5371560 |
|
Email |
|
|
Principals |
6 |
|
Judgements Against Subject |
None |
|
Judgements Against Principals |
None |
|
Subject Verified as Client |
Yes |
|
Profession number |
913952E |
|
VAT Number |
4500190535 |
|
Tax Number |
9950020140 |
|
BEE Status |
Unavailable |
|
Financial Year End |
February |
|
Years With Auditors |
4 Years |
|
Website |
|
Company Name |
Phone Number |
Time with previous auditors |
|
GRANT
THORNTON |
|
10 Years |
|
R W
IRISH |
|
Unknown |
|
Vat Number |
4900193915 |
|
Status |
Active |
|
Vat Liable Date |
2001-07-13 |
|
Tax Number |
9061224144 |
|
Tax Clearance Expire Date |
Unavailable |
|
Financial Year End |
December |
|
Status |
Yes |
|
Score |
Level 8 |
|
Expire Date |
15 February 2013 |
|
BEE Certificate Available |
Unavailable |
|
Type of ISO Grade |
Unavailable |
|
ISO Certificate |
|
|
ISO Certificate Available |
|
|
Certified by an Accredited Agent |
|
|
Registered |
Yes |
|
Compliance Certified |
Unavailable |
Subsidiaries
|
Subsidiary Company |
The subject has no subsidiary
companies |
|
Shareholding |
|
|
Registration Number |
|
|
Import / Export |
|
|
Number
of Employees |
95 |
|
1. Salaried employees |
95 |
|
2. Waged employees |
|
|
3. Permanent employees |
|
|
4. Casual employees |
|
|
5. Contracted employees |
|
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
|
Fleet Operations |
2 |
|
|
|
|
The Fleet is made up of |
|
|||
|
1. Cars |
2 |
Owned |
|
|
|
Offices |
|
Head Office Owned/ Rented |
The head office premises are reported to be rented from a
3rd party. |
|
Rental Company |
LIBERTY PROPERTIES |
|
Owned by |
|
|
Value |
|
|
Bond |
|
|
Bank |
|
|
Lease Agreement |
5 Years |
|
Lease Expire Date |
|
|
Type of Premises |
The head office comprise of administration offices. |
Branches |
Address |
Contact Details |
|
GAUTENG JOHANNESBURG
– Sandton |
Shop U30 Sandton City SANDTON Johannesburg |
011 622
9013 |
|
GAUTENG JOHANNESBURG
- Eastgate |
Shop L54 Eastgate Shopping Centre Bedford Road BEDFORDVIEW Johannesburg |
011 622
9013 |
|
GAUTENG PRETORIA
– Menlyn |
Shop G112 Menlyn Park MENLYN Pretoria |
012 663
4818 |
|
GAUTENG PRETORIA
- Kolonnade |
Shop 54/55 Kolonnade Centre Zambezi Drive MONTANA Pretoria |
012 548
0260 |
|
MPUMALANGA POLOKWANE
– Mall of the North |
Shop U85 Mall of the North BENDOR Polokwane |
014 537
3754 |
|
MPUMALANGA NELSPRUIT
– Riverside Mall |
Shop 74 Riverside Mall White River Road NELSPRUIT |
013 757
0276 |
|
FREE
STATE BLOEMFONTEIN
– Mimosa Mall |
Shop U49 Upper Level Mimosa Mall 131 Kellner Street BLOEMFONTEIN |
051 444
4947 |
|
FREE
STATE BLOEMFONTEIN
– Loch Logan |
Shop F10A Loch Logan WATERFRONT Bloemfontein |
051 447
0625 |
|
KWAZULU
NATAL DURBAN
– Pavilion |
Shop 115 The Pavilion Centre Jack Martens Drive WESTVILLE Durban |
031 265
1656 |
|
KWAZULU
NATAL DURBAN
– Gateway |
Shop G045 Gateway Theatre of Shopping 1 Palm Boulevard UMHLANGA Durban |
031 566
6741 |
Branches Owned/ Rented |
It was established that all the branch premises are
reported to be leased from various 3rd parties. |
Organisation
chart
|
Level |
Position |
Name |
|
1 |
DIRECTOR |
GAVIN LAPEDUS |
|
1 |
DIRECTOR |
ROBERT LAPEDUS |
|
1 |
DIRECTOR |
CONSTANTINE DIVARIS |
|
1 |
DIRECTOR |
JUSTIN DIVARIS |
Note: One level up and all levels down
|
Holding |
Company |
Sub |
|
AKJ HOLDINGS (PTY) LTD 2002/026835/07 |
ARTHUR KAPLAN (PTY) LTD 2000/024894/07 |
None |
Trade References
Key
deals signed within the past 12 months.
|
Company |
Value |
Contact |
|
|
|
The respondent declined to assist in this regard. |
|
Trade Reference nr |
Supplier |
Contact |
|
1 |
PICOT
& AMOS |
CHARMINE 011 6690500 |
|
2
|
ROLEX |
JALE 011
7849230 |
|
3 |
LUXCO |
MOTTI 011
4482210 |
|
4 |
S
BAGGA& COMPANY |
AGNES 011 3726000 |
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
10 Years |
Open |
Open |
60
Days |
R 200 000 –
R 500 000 |
60
Days |
Very
Good |
|
2 |
Do |
Not |
Give |
Trade |
References |
|
|
|
3 |
Do |
Not |
Give |
Trade |
References |
|
|
|
4 |
15 Years |
Open |
|
60
Days |
R 50
000 |
60
Days |
Good |
Judgements
|
Judgements |
None |
|
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 |
FNB |
|
Branch |
WIERDAVALLEY |
|
Bank Account Number |
51420133781 |
|
Type of Account |
Current |
|
Account Name |
ARTHUR KAPLAN (PTY) LTD |
|
Overdraft Facilities |
Further information regarding overdraft facilities was
declined by the respondent. |
|
Date Opened |
Unavailable |
|
Bank Code |
C |
|
Bank Comment |
The subjects bankers consider them for all business normal
engagements |
Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
Years with bank |
|
None on record |
|
|
|
|
|
|
|
Previous Bank Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
None on record |
|
|
|
|
|
Property Interestsfor Company
|
Title
Deed No. |
Unavailable |
Erf/Site No. |
|
|
Deeds
Office |
|
Physical Address |
|
|
Property
Type |
|
Extent / Size |
|
|
Purchase
Date |
|
Purchase price |
|
|
%
Ownership |
|
Bond Holder |
|
|
Bond
Number |
|
Bond Amount |
|
Financial
Estimates
The
respondent declined to assist with financial information on the subject and
outside authorities were unable to assist in this regard.
|
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 |
|
Number of Principals |
4 |
|
Average Age of Active Principals |
45 |
Active
Principals
Principal 1 of 4:
GAVIN LAPEDUS
|
Surname |
LAPEDUS |
|
First Name |
GAVIN |
|
Other Names |
None |
|
Marital Status |
None |
|
ID Number |
7402035127084 |
|
Verified ID Number |
Yes |
|
Current Age |
38 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2003-11-01 |
|
Physical Address (at time of
Appointment) |
58 Morningside Villas Murray Road MORNINGSIDE MANOR 2057 |
|
Postal Address |
PO Box 2415 HOUGHTON 2041 |
|
Current Tel Number |
011 6695600 |
|
Cell number |
083 3797230 |
|
Current Fax Number |
011 6695601 |
|
Current Email Address |
Unavailable |
|
Shareholding |
|
Adverse Information for:
GAVIN LAPEDUS
Judgement
|
Number
of Judgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for:
GAVIN LAPEDUS
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
AKJ
HOLDINGS (PTY) LTD |
2002/026835/07 |
In
Business |
11
Years 6
Months |
0 |
No |
|
PRODIAM
INVESTMENTS CC |
B1997/008772/23 |
Conversion
CO/CC or CC/CO |
15
Years 1
Months |
0 |
No |
|
PROTEA
DIAMONDS INVESTMENTS HOLDINGS (PTY) LTD |
M1970/000830/07 |
In
Business |
Unknown |
0 |
No |
Previous Business Interests
|
Average
Age of Previous Business Interests |
None |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
FUN
FRANK PROPERTY CC |
1994/018153/23 |
Deregistration Final |
17
Years 9
Months |
0 |
No |
|
PRODIAM
TRADING CC |
2007/042169/23 |
In
Business |
5
Years 1
Months |
0 |
No |
|
PRODIAMPROPETIES
(PTY) LTD |
M1966/008061/07 |
In
Business |
45 Years 6
Months |
0 |
No |
|
TAILORBIRD
(PTY) LTD |
M2000/020311/07 |
In
Business |
11
Years 7
Months |
0 |
No |
|
PROTEA
DIAMONDS CUTTING WORKS (PTY) LTD |
M2005/002639/07 |
In
Business |
7
Years 2
Months |
0 |
No |
Property Interestsfor: GAVIN LAPEDUS
|
Title
Deed No. |
T79981/2004 |
Erf/Site No. |
|
|
Deeds
Office |
PRETORIA |
Physical Address |
2
Middle Sandown SANDTON |
|
Property
Type |
Freehold / Ervin |
Extent / Size |
1350.0SQM |
|
Purchase
Date |
2004-03-03 |
Purchase price |
R 1
850 000.00 |
|
%
Ownership |
0.0000 |
Bond Holder |
|
|
Bond
Number |
|
Bond Amount |
R
0.00 |
Principal
2 of 4:
ROBERT
LAPEDUS
|
Surname |
LAPEDUS |
|
First Name |
ROBERT |
|
Other Names |
None |
|
Marital Status |
None |
|
ID Number |
4904215075101 |
|
Verified ID Number |
Yes |
|
Current Age |
63 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2010-08-19 |
|
Physical Address (at time of
Appointment) |
34 A Middle Road MORNINGSIDE 2057 |
|
Postal Address |
PO Box 2413 HOUGHTON 2041 |
|
Current Tel Number |
011 8839262 |
|
Cell number |
None |
|
Current Fax Number |
None |
|
Current Email Address |
None |
|
Shareholding |
|
Adverse Information for: ROBERT LAPEDUS
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business
Information for: ROBERT LAPEDUS
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
PROTEA
DIAMONDS EXPORTS (PTY) LTD |
1968/011902/07 |
Conversion
CO/CC or CC/CO |
43
Years 5
Months |
0 |
No |
|
CULDOORN
PROPERTIES CC |
1997/025831/23 |
In
Business |
14
Years 10
Months |
0 |
No |
|
JERU
INVESTMENTS (PTY) LTD |
2000/024894/07 |
In
Business |
11
Years 6
Months |
0 |
No |
|
AKJ
HOLDINGS (PTY) LTD |
2001/018995/07 |
Deregistration Final |
10
Years 7
Months |
0 |
No |
|
PRODIAM
INVESTMENTS CC |
B1997/008778/23 |
Conversion
CO/CC or CC |
15
Years 1
Months |
0 |
No |
|
PRODIAMPROPETIES
(PTY) LTD |
M1966/008061/07 |
In
Business |
45
Years 6
Months |
0 |
No |
|
PROTEA
DIAMONDS INVESTMENTS HOLDINGS (PTY) LTD |
M1970/000830/07 |
In
Business |
Unknown |
0 |
No |
|
13
EZULWINI (PTY) LTD |
M1998/020993/07 |
In
Business |
13
Years 5
Months |
0 |
No |
|
SUNDELSON
BROS (PTY) LTD |
M1998/021085/07 |
In
Business |
13
Years 5
Months |
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
|
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
PRODIAMATIC
TRADING (PTY) LTD |
1988/003805/07 |
Deregistration Final |
23
Years 8
Months |
0 |
No |
|
GEMINI
GOLD DISTRIBUTORS (PTY) LTD |
2000/027152/07 |
In
Business |
11
Years 5
Months |
0 |
No |
|
DANTEC
CREDIT (PTY) LTD |
2002/026216/07 |
Deregistration Final |
9
Years 5
Months |
0 |
No |
|
RAGE
DISTRIBUTION (PTY) LTD |
2003/017346/07 |
Deregistration Final |
8
Years 8
Months |
0 |
No |
|
PRODIAM
TRADING CC |
2007/042169/23 |
In
Business |
5
Years 1
Months |
0 |
No |
|
ASCOT
CORNER (PTY) LTD |
M1953/000979/07 |
In
Business |
58
Years 9
Months |
0 |
No |
|
TAILORBIRD
(PTY) LTD |
M2000/020311/07 |
In
Business |
11
Years 7
Months |
0 |
No |
|
PROTEA
DIAMONDS (PTY) LTD |
M2003/003794/07 |
In
Business |
Unknown |
0 |
No |
|
EUROPGOLD
(PTY) LTD |
M2004/013257/07 |
In
Business |
7
Years 10
Months |
0 |
No |
|
PROTEA
DIAMONDS CUTTING WORKS (PTY) LTD |
M2005/002639/07 |
In
Business |
7
Years 2
Months |
0 |
No |
Deeds Information
Property
Interestsfor: ROBERT LAPEDUS
|
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 4:
CONSTANTINE
DIVARIS
|
Surname |
DIVARIS |
|
First Name |
CONSTANTINE |
|
Other Names |
None |
|
Marital Status |
None |
|
ID Number |
7104295210085 |
|
Verified ID Number |
Yes |
|
Current Age |
41 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2002-12-01 |
|
Physical Address (at time of
Appointment) |
6 Woodstream Terrace Wandel Avenue WOODMEAD SPRINGS 2157 |
|
Postal Address |
PO Box 1092 GALLO MANOR 2052 |
|
Current Tel Number |
011 6695600 |
|
Cell number |
082 8547778 |
|
Current Fax Number |
None |
|
Current Email Address |
None |
|
Shareholding |
|
Adverse Information for: CONSTANTINE DIVARIS
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for: CONSTANTINE DIVARIS
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
AKJ
HOLDINGS (PTY) LTD |
2002/26835/07 |
In
Business |
9 Years 5 Months |
0 |
No |
|
WORLD’S
FINEST WATCHES (PTY) LTD |
2002/027644/07 |
In
Business |
9 Years 4 Months |
0 |
No |
|
PEARL
TRADING 17 CC |
2008/066969/23 |
In
Business |
4 Years |
0 |
No |
|
FOXBAT
TRADING 14 (PTY) LTD |
2010/004893/07 |
In
Business |
2 Years |
0 |
No |
|
ARTHUR
KAPLAN JEWELLERS OF DISTINCTION (PTY) LTD |
M2000/017144/07 |
In
Business |
11 Years 8 Months |
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
|
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
DNA
SUPPLY CHAIN MANAGEMENT (PTY) LTD |
1996/005333/ |
Voluntary Liquidation |
15 Years 10 Months |
0 |
Yes |
|
DNA
PARTS LOGISTCS SERVICES (PTY) LTD |
1997/015942/07 |
Dissolved |
14
Years 6
Months |
0 |
No |
|
TAILORBIRD
(PTY) LTD |
M2000/020311/07 |
In
Business |
11
Years 7
Months |
0 |
No |
Deeds Information
Property
Interestsfor: CONSTANTINE DIVARIS
|
Title
Deed No. |
T39827/2004 |
Erf/Site No. |
|
|
Deeds
Office |
PRETORIA |
Physical Address |
Sunninghill SANDTON |
|
Property
Type |
Freehold / Ervin |
Extent / Size |
509.0SQM |
|
Purchase
Date |
2003-11-05 |
Purchase price |
R 1
300 00.00 |
|
%
Ownership |
0.0000 |
Bond Holder |
INVESTEC
BANK LTD |
|
Bond
Number |
B333472004 |
Bond Amount |
R 1 400
000.00 |
|
Title
Deed No. |
ST57359/2008 |
Erf/Site No. |
|
|
Deeds
Office |
Pietermaritzburg |
Physical Address |
BLYTHEDALEKWADUKUZA |
|
Property
Type |
Sectional
Title / Unit |
Extent / Size |
246.0SQM |
|
Purchase
Date |
2008-01-22 |
Purchase price |
R3 200 000 |
|
%
Ownership |
0 |
Bond Holder |
SB438292008 |
|
Bond
Number |
SB438292008 |
Bond Amount |
R2 902 000 |
Principal
4 of 4:
JUSTIN
DIVARIS
|
Surname |
DIVARIS |
|
First Name |
JUSTIN |
|
Other Names |
None |
|
Marital Status |
None |
|
ID Number |
7401315123086 |
|
Verified ID Number |
Yes |
|
Current Age |
38 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2001-06-20 |
|
Physical Address (at time of
Appointment) |
NO.3 NAIBOR 87 DENNIS ROAD A 2196 |
|
Postal Address |
PO BOX 316 MELROSE ARCH 2076 |
|
Current Tel Number |
0116766600 |
|
Cell number |
0836778888 |
|
Current Fax Number |
011 6695601 |
|
Current Email Address |
None |
|
Shareholding |
|
Adverse Information for: JUSTIN DIVARIS
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for: JUSTIN DIVARIS
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
HYDE
PARK AUTO (PTY)LTD |
2000/013364/07 |
In
Business |
11
Years 9 Months |
0 |
No |
|
ARTHUR
KAPLAN(PTY)LTD |
2000/024894/07 |
In
Business |
11
Years 6 Months |
0 |
No |
|
INTERNATIONAL
SWISS WATCH COMPANY (PTY)LTD |
2001/006734/07 |
In Business |
11
Years |
0 |
No |
|
INTERNATIONAL
SWISS WATCH COMPANY (PTY)LTD |
2001/006734/07 |
In
Business |
11
Years |
0 |
No |
|
AKJ
HOLDINGS (PTY)LTD |
2002/026835/07 |
In
Business |
9
Years 5 Months |
0 |
No |
|
WORLDS
FINEST WATCHES (PTY)LTD |
2002/027644/07 |
In
Business |
9
Years 4 Months |
0 |
No |
|
DAYTONA
MANAGEMENT SERVICES (PTY)LTD |
2002/028689/07 |
In
Business |
9
Years 4 Months |
0 |
No |
|
QWAFIN
HOLDINGS (PTY)LTD |
2004/006736/07 |
Deregistration
Process |
8
Years |
0 |
No |
|
BLACKMAGIC
INVESTMENTS(PYT)LTD |
2005/013197/07 |
In
Business |
6 Years 10 Months |
0 |
No |
|
BLACK
MAGIC TRADING (PTY)LTD |
2005/028602/07 |
Deregistration
Process |
6
Years 7 Months |
0 |
No |
|
DAYTONA
GROUP HOLDINGS (PTY)LTD |
2006/024981/07 |
In Business |
5
Years 7 Months |
0 |
No |
|
DAYTONA
MARINE(PTY)LTD |
2006/031553/07 |
|
5
Years 5 Months |
0 |
No |
|
ROLLS-ROYCE
MOTOR CARS(PTY)LTD |
2006/036139/07 |
|
5
Years 4 Months |
0 |
No |
|
LIBERTY
LANE TRADING 293 (PTY)LTD |
2007/025113/07 |
|
4 Years
6 Months |
0 |
No |
|
PEARL
TRADING 17CC |
2008/066969/23 |
|
4
Years |
0 |
No |
|
FOXBAT
TRADING 14 (PTY)LTD |
2010/004893/07 |
|
2
Years |
0 |
No |
|
ARTHUR
KAPLAN JEWELLERS OF DISTINCTION (PTY)LTD |
M2000/017144/07 |
|
11
Years 8 Months |
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
|
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
RETAIL
APPAREL GROUP(PTY)LTD |
1946/021937/06 |
Provisional
Liquidation |
65
Years 9 Months |
0 |
Yes |
|
RETAIL
APPAREL (PTY)LTD |
1961/001608/07 |
Dissolved |
50
Years 10 Months |
0 |
No |
|
ZERO
GRAVITY SPORTS (PTY)LTD |
1995/004097/07 |
Voluntary
liquidation |
16
Years 10 Months |
0 |
Yes |
|
NATIONAL
MANUFACTURING JEWELLERS (PTY)LTD |
1999/028499/07 |
Deregistration
final |
12
Years 3 Months |
0 |
No |
|
LANDMARK
SUPERMARKET DEVELOPMENTS (PTY)LTD |
2000/009479/07 |
In
Business |
11
years 10 Months |
0 |
No |
|
RASTILANE
INVESTMENTS (PTY)LTD |
2000/021749/07 |
In
Business |
11
Years 7 Months |
0 |
No |
|
PROSTART
INVESTMENTS 95 (PTY)LTD |
2001/009510/07 |
Deregistration
final |
10
Years 11 Months |
0 |
No |
|
PROSTART
PROPERTIES 100 (PTY)LTD |
2001/009510/07 |
Deregistration final |
10 Years
11 Months |
0 |
No |
|
DREAMCAST
INVESTMENTS 39 (PTY)LTD |
2001/021105/07 |
Deregistration final |
10
Years 6 Months |
0 |
No |
|
KGARE
JEWELLERS (PTY)LTD |
2002/021339/07 |
Deregistration final |
9
Years 6 Months |
0 |
No |
|
DAYTONA
LUXURY CARS (PTY) |
2005/014557/07 |
In
Liquidation |
6
Years 10 Months |
1 |
Yes |
|
DAYTONA
PERFORANCE TYRES (PTY)LTD |
2005/033517/07 |
Deregistration final |
6
Years 6 Months |
1 |
No |
|
ZAMIEN
INVESTMENTS 75 (PTY)LTD |
2005/036916/07 |
Deregistration final |
6
Years 6 Months |
0 |
No |
|
WARHOG
TRADING 2 (PTY)LTD |
2006/010672/07 |
In
Business |
5 Years 10 Months |
0 |
No |
|
GREEN
FIG PROPERTIES 1 (PTY)LTD |
2006/025951/07 |
Deregistration final |
5
Years 7 Months |
0 |
No |
|
DAYTONA
BIKES RETAIL (PTY)LTD |
2007/008966/07 |
Deregistration final |
5
Years |
0 |
No |
|
DAYTONA
MOTORCYCLES (PTY)LTD |
2008/023280/07 |
In
Business |
3
Years 5 Months |
0 |
No |
|
GOLDEN
ACRE INVESTMENTS 6 CC |
2008/179629/23 |
Deregistration
final |
3 years
7 Months |
0 |
No |
|
PREMIUM
AUTO TRADERS CC |
B2008/131312/23 |
In
Business |
3
Years 9 Months |
0 |
No |
|
CENTURY
PROPERTY INVESTMENTS (PTY)LTD |
M2005/005724/07 |
In
Business |
7
Years 1 Months |
0 |
No |
|
SMG
AUTO (CAPE TOW) (PTY)LTD |
M2006/015703/07 |
In
Business |
5
Years 10 Months |
0 |
No |
|
BIZVEST
5 (PTY)LTD |
M2007/08164/07 |
In
Business |
4
Years 8 Months |
0 |
No |
Deeds Information
Property
Interestsfor
|
Title
Deed No. |
ST100305/2004 |
Erf/Site No. |
601,162 |
|
Deeds
Office |
PRETORIA |
Physical Address |
VEREENING |
|
Property
Type |
Sectional Title/unit |
Extent / Size |
26.0SQM |
|
Purchase
Date |
2004/06/30 |
Purchase price |
R 1
050 000 |
|
%
Ownership |
0.0000 |
Bond Holder |
ABSA
BANK LTD |
|
Bond
Number |
SB200151999 |
Bond Amount |
R
480 000 |
DIAMOND INDUSTRY –
INDIA
-
From time immemorial, India
is well known in the world as the birthplace for diamonds. It is
difficult to trace the origin of diamonds but history says that in the remote past,
diamonds were mined only in India. Diamond production in India can be traced
back to almost 8th Century B.C. India, in fact, remained
undisputed leader till 18th Century when Brazilian fields were
discovered in 1725 followed by emergence of S. Africa, Russia and Australia.
-
The achievement of the
Indian diamond industry was possible only due to combination of the
manufacturing skills of the Indian workforce and the untiring and unflagging
efforts of the Indian diamantaires, supported by progressive Government
policies.
-
The area of study of family
owned diamond businesses derives its importance from the huge conglomerate of
family run organizations which operate in the diamond industry since many
generations.
-
Some of the basic traits of
family run business enterprises include spirit of entrepreneurship, mutual
trust lowers transaction costs, small, nimble and quick to react, information
as a source of advantage and philanthropy.
-
Family owned diamond
businesses need to improve on many fronts including higher standard of
corporate governance, long-term performance – focused strategies, modern
management and technology.
-
The diamond jewellery
industry in India today may be more than Rs 60000 mil and is rated amongst the
fastest growing in the world. Indi ranks third in the world in domestic
diamond consumption.
-
Utmost caution is to be
exercised while dealing with some medium and large diamond traders which are
usually engaged in fictitious import – export, inter-company transactions,
financially assisted by banks. In the process, several public sector banks lost
several hundred million rupees. They mostly diverted borrowed money for diamond
business into real estate and capital markets.
-
Excerpts from Times of
India dated 30th October 2010 is as under –
DIAMOND SAGA – DIRTY DOZEN STUCK WITH 2K CR DEBT
This could be the biggest credibility crisis
the Indian diamond industry has ever faced. Fifteen banks run the risk of
losing Rs 2000 crore lent to a dozen diamond firms in Surat. Until about two months
ago, they had not repaid these dues. Bankers believe many diamantaires
borrowed money during the economic downturn two years ago and diverted funds to
businesses like real estate and capital markets. Many of themselves made money
from these businesses but their diamond companies have gone sick and declared
insolvency.
-
Most of the money borrowed
from the banks in the name of their diamond business has been diverted in real
estate and the share market. The banks are not in a position to seize their properties
because in many cases, these were purchased in the name of their relatives and
friends.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.22 |
|
|
1 |
Rs.78.63 |
|
Euro |
1 |
Rs.65.53 |
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.