MIRA INFORM REPORT

 

 

Report Date :

10.05.2012

 

IDENTIFICATION DETAILS

 

Name :

I D ENTERPRISES

 

 

Registered Office :

99 Sapphire Street, Farramere, Benoni 1501

 

 

Country :

South Africa

 

 

Date of Incorporation :

Not Available

 

 

Com. Reg. No.:

4712085166102

 

 

Legal Form :

Private Concern

 

 

Line of Business :

Subject is engaged in full range of IATA Dangerous Goods and Handling labels and Documentation. As well as personalised self-adhesive labels in rolls or flat sheet, on all types of stock and adhesives

 

 

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

South Africa

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company summary

 

Subject Name

ID ENTERPRISES

Country

SOUTH AFRICA

Enquiry Terms

D/A

Account Review

 

Subject Contact person

IAN WAKEFIELD

 

 

 

Assessment

 

 

 

On investigation we made contact with MR IAN WAKEFIELD who declined to assist with the information regarding the company.

 

He stated that the business has no credit dealings in India and as such requires the reason for the enquiry and the entity that has made the enquiry.

 

Please advise if you may assist.

 

Please see the available information for the subject below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company Information

 

Registered Name

IAN WAKEFIELD - 4712085166102

Trading as/ Division Name

ID ENTERPRISES

Previous Name

Unavailable

Date of Name Change

Unavailable

Registration Number

4712085166102

Registration Date

Unavailable

Date Commenced Trading

Unavailable

Age of Business

Unavailable

History of Business

Unavailable

History of Principals

Unavailable

Shareholders and  % holding

100%IAN WAKEFIELD

Authorised Share Capital

Unavailable

Issued Share Capital

Unavailable

Status

In Business

Operations Assessment

·         Full range of IATA Dangerous Goods and Handling labels and Documentation. As well as personalised self-adhesive labels in rolls or flat sheet, on all types of stock and adhesives.

·         Continuous Computer Stationery - Waybills, Invoices.

·         Greeting Cards, Corporate and Wedding Invitations, Gift tags, Theme Cards, Menus, Kiddies Party Packs.

·         Full colour posters ( up to A0 ) and banners

·         Binders, Files and Folders in PVC or Polypropolene

·         Full colour Advertising leaflets, Booklets, tabloids and Mail-shots

Industry/ Customers

Unavailable

Export

Unavailable

Major Industry Code / SICC

Unknown

Definition of Code

Unavailable

Head Office Physical Address

 

 

99 SAPPHIRE STREET

FARRAMERE

BENONI

1501

Head Office Postal Address

 

 

PO Box 16306

Atlasville

1465

Current Tel Number

011 399 4104

Cell number

082 558 2709

Current Fax Number

011 973 1898

Current Email Address

Unavailable

Web Site Address

www.id enterprises.co.za  

 

 

Auditors Information

 

Company Registered Name

Unavailable

Trading Name

 

Registration Number

 

Physical Address

 

Postal Address

 

Contact Person

 

Contact Number

 

Email

 

Principals

 

Judgements Against Subject

 

Judgements Against Principals

 

Subject Verified as Client

 

SAICA number

 

VAT Number

 

Tax Number

 

BEE Status

 

Financial Year End

 

Years With Auditors

 

Website

 

 

Previous Auditors

Company Name

Phone Number

Time with previous auditors

Unavailable

 

 

 

Tax Information

 

Vat Number

4190126567

Status

Active

Vat Liable Date

1991/10/01

Tax Number

Unavailable

Tax Clearance Expire Date

Unavailable

Financial Year End

Unavailable

 

 

Black Economic Empowerment

 

Status

Unavailable

Score

 

Expire Date

 

BEE Certificate Available

 

 

ISO Status

 

Type of ISO Grade

Unavailable

ISO Certificate

 

ISO Certificate Available

 

Certified by an Accredited Agent

 

 

 

Workman’s compensation

 

Registered

Unavailable

Compliance Certified

 

 

Company Structure

 

Subsidiaries

 

Subsidiary Company

Unavailable

Shareholding

 

Registration Number

 

Import / Export

 

 

 

 

Number of Employees

Unavailable

1.       Salaried employees

 

2.       Waged employees

 

3.       Permanent employees

 

4.       Casual employees

 

5.       Contracted employees

 

 

Company Fleet

No of vehicles:

Owned/ Leased

Value

Outstanding Balance

Fleet Operations

Unavailable

 

 

 

The Fleet is made up of

 

1.       Cars

 

 

 

 

2.       Light Delivery Vehicles

 

 

 

 

3.       Trailers

 

 

 

 

4.       Busses

 

 

 

 

5.       Trucks

 

 

 

 

6.       Fork Lifts

 

 

 

 

7.       Other

 

 

 

 

 

Offices

Unavailable

Head Office Owned/ Rented

 

Rental Company

 

Owned by

 

Value

 

Bond

 

Bank

 

Lease Agreement

 

Lease Expire Date

 

Type of Premises

 

 

Branches Names

Country

Province

Unavailable

 

 

 

Branches Owned/ Rented

Unavailable

Rental Company

 

Owned

 

Value

 

Bank

 

Bond

 

Lease Agreement

 

Lease Expire Date

 

Type of Premises

 

 

 

                       

Management Overview

 

Organisation chart

Level

Position

Name

1

Sole Proprietor

IAN WAKEFIELD

 

Company Structure (Ownership)

Note: One level up and all levels down

Holding

Company

Sub

100% I WAKEFIELD

ID ETERPRISES

Unknown

 

 

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

 

 

 

        2 

 

 

 

 

 

Trade References Detail

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

Unavailable

 

 

 

 

 

 

2

 

 

 

 

 

 

 

 

 

Adverse Information on Subject

 

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 Information

 

Bank

Unavailable

Branch

Unavailable

Bank Account Number

Unavailable

Type of Account

Unavailable

Account Name

Unavailable

Overdraft Facilities

Yes/No

Date Opened

Unavailable

Bank Code

Unavailable

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.

None

Erf/Site No.

 

Deeds Office

 

Physical Address

 

Property Type

 

Extent / Size

 

Purchase Date

 

Purchase price

 

% Ownership

 

Bond Holder

 

Bond Number

 

Bond Amount

 

 

 

Financial Information

 

Financial Estimates

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

 

Principals

Number of Principals

1

Average Age of Active Principals

65

 

Active Principals

 

Principal 1 of 1: IAN WAKEFIELD

Surname

WAKEFIELD

First Name

IAN

Other Names

None

Marital Status

Unavailable

ID Number

4712085166102

Verified ID Number

Yes

Current Age

65

Designation

Sole Proprieter

Status

Active

Appointment Date

Unavailable

Physical Address (at time of Appointment)

Unavailable

Postal Address

Unavailable

Current Tel Number

021 677 2236

Cell number

082 558 2709

Current Fax Number

Unavailable

Current Email Address

Unavailable

Shareholding

Unavailable

 

Adverse Information for IAN WAKEFIELD

 

Judgement

Number of Judgements

None

 

Debt Review

Debt review

None

 

Other

Default data

None

 

Business Information forIAN WAKEFIELD

 

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

I D ENTERPRISES

4712085166102

In Business

Unavailable

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 Interestsfor IAN WAKEFIELD

 

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.53.46

UK Pound

1

Rs.86.27

Euro

1

Rs.69.40

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.