|
Report Date : |
19.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
CLAYMORE PAPER AND PACKAGING(PTY)LTD |
|
|
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|
Registered Office : |
Unit C Epping 1, |
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Country : |
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Date of Incorporation : |
01.09.2008 |
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|
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Com. Reg. No.: |
2008/020642/07 |
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|
Legal Form : |
Private Company |
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Line of Business : |
Manufacturer of Paper and Boxs |
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|
No. of Employees : |
06 |
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 |
|
Status : |
Satisfactory |
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|
|
|
Payment Behaviour : |
No Complaints |
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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 – 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 |
|
Subject Name |
CLAYMORE PAPER AND PACKAGING (PTY)LTD |
|
Country |
South Africa |
|
Enquiry Terms |
D/A |
|
Account Review |
Every 6 Months |
|
Subject Contact person |
JURIE BURGER –ACCOUNTANT (021 507
6060) |
|
Assessment |
On investigation we made contact with the
subject and we were referred to the Accountant Mr JURIE BURGER. He has assisted us with all the required
information. The
subject is meeting commitments timeously with suppliers. We have
received a bank code C for R 1.200 000 for the subject. |
|
Registered Name |
CLAYMORE PAPER AND PACKAGING(PTY)LTD |
|
Trading as/ Division Name |
CLAYMORE PAPER AND PACKAGING |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
2008/020642/07 |
|
Registration Date |
2008/09/01 |
|
Date Commenced Trading |
2008/09/01 |
|
Age of Business |
3 Years 8 Months |
|
History of Business |
Stared as a new business in
2008 |
|
History of Principals |
1 |
|
Shareholders and % holding |
100% UVP PRINT FINISHING (PTY)LTD |
|
Authorised Share Capital |
2000 |
|
Issued Share Capital |
1000 |
|
Status |
In Business |
|
Operations Assessment |
Manufacture of Paper and Boxs |
|
Industry/ Customers |
Corporate Companies,Major wholesalers. |
|
Export |
None |
|
Major Industry Code / SICC |
3232 |
|
Definition of Code |
Manufacture
of corrugated paper and paperboard and of containers of paper and paperboard |
|
Head Office Physical Address |
Unit C Epping 1 21 Benbow Avenue Guttenberg Park CAPE TOWN |
|
Head Office Postal Address |
Private Bag X19 Eppindust 7475 |
|
Current Tel Number |
021 507 6060 |
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Cell number |
None |
|
Current Fax Number |
021 534 0967 |
|
Current Email Address |
|
|
Web Site Address |
|
Company Registered Name |
WILDERLOCKITCH BMS (PTY)LTD |
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Trading Name |
WILDERLOCKITCH |
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Registration Number |
M1997/000446/07 |
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Physical Address |
Unit B10 Century Square Heron Cresent Century City |
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Postal Address |
PO.Box 60 Century City 7446 |
|
Contact Person |
Gavin Hapgood |
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Contact Number |
021 551 0510 |
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Email |
|
|
Principals |
5 |
|
Judgements Against Subject |
None |
|
Judgements Against Principals |
none |
|
Subject Verified as Client |
Yes |
|
SAICA number |
935387 |
|
VAT Number |
4140163850 |
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Tax Number |
9437039036 |
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BEE Status |
None |
|
Financial Year End |
Feb |
|
Years With Auditors |
3 |
|
Website |
Previous Auditors
|
Company Name |
Phone Number |
Time with previous auditors |
|
PYPERT TURNER
INCORPORATED |
Unavailable |
Unavailable |
|
Vat Number |
4820171835 |
|
Status |
Active |
|
Vat Liable Date |
1998/01/20 |
|
Tax Number |
9124033029 |
|
Tax Clearance Expire Date |
Tax ClearenceExspired |
|
Financial Year End |
February |
|
Status |
None |
|
Score |
|
|
Expire Date |
|
|
BEE Certificate Available |
|
|
Type of ISO Grade |
None |
|
ISO Certificate |
|
|
ISO Certificate Available |
|
|
Certified by an Accredited Agent |
|
|
Registered |
Yes |
|
Compliance Certified |
Yes |
Subsidiaries
|
Subsidiary Company |
None |
|
Shareholding |
|
|
Registration Number |
|
|
Import / Export |
|
|
Number of
Employees |
6 |
|
1. Salaried
employees |
4 |
|
2. Waged
employees |
2 |
|
3. Permanent
employees |
6 |
|
4. Casual
employees |
|
|
5. Contracted
employees |
|
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
|
Fleet Operations |
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The Fleet is made up of |
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|||
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1. Cars |
3 |
Owned |
Unavailable |
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2. Light
Delivery Vehicles |
1 |
Owned |
R 100 000 |
|
|
3. Trucks |
1 |
Owned |
R 200 000 |
|
|
4. Fork
Lifts |
1 |
Owned |
R 25 000 |
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|
Offices |
|
Head Office Owned/ Rented |
Rented |
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Rental Company |
UVP PROPERTIES- HOLDING 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 |
Industrial,Warehouse,Offices |
Branches Names |
Country |
Province |
|
None |
|
|
Organisation chart
|
Level |
Position |
Name |
|
1 |
Director |
WERNER WEBER |
Company Structure
(Ownership)
Note: One level up and
all levels down
|
Holding |
Company |
Sub |
|
100% |
UVP PRINT FINISHING (PTY)LTD |
|
Key
deals signed within the past 12 months.
|
Company |
Value |
Contact |
|
None |
|
|
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
|
1 |
SWIFT COURIERS |
021 511 6400 |
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|
|
2 |
COAST PAPER CONVERTERS |
021 531 0468 |
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|
|
3 |
GARDIAN FRIEGHT |
021 385 0370 |
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|
|
4 |
WASTE MART |
021 691 6576 |
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|
Trade References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
2 Years |
Open |
R 1 200 000 |
30 Days |
R 300 000 |
30 Days |
Good |
|
2 |
10 Years |
Open |
R 25 000 |
30 Days |
R 20 000 –
R 25 000 |
30 Days |
Good |
|
3 |
8 Months |
R 25 000 |
R 70 000 |
30 Days |
R 25 000 |
30 Days |
Good |
|
4 |
2 Years |
Open |
R 72 000 |
30 Days |
R 12 000 – R
20 000 |
30 Days |
Okay |
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 |
Nedbank |
|
Branch |
Foreshore |
|
Bank Account Number |
1232145483 |
|
Type of Account |
Cheque |
|
Account Name |
Claymore Paper and Packaging |
|
Overdraft Facilities |
Yes |
|
Date Opened |
Unavailable |
|
Bank Code |
C |
|
Bank Comment |
The subject’s bankers consider them good 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 |
|
|
|
|
|
|
|
Previous Bank Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
None |
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|
|
|
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 Estimates
|
CURRENT ASSETS |
R 2.100 000 |
|
Stock |
R 1.100 000 |
|
Debtors |
R 4.400 000 |
|
FIXED ASSETS |
R 4 000 000 |
|
Plant, Equipment, Vehicles |
R 3.700 000 |
|
Property |
Unavailable |
|
CURRENT LIABILITIES |
Unavailable |
|
Creditors |
R 2.300 000 |
|
Loans/ From? |
Unavailable |
|
LONG TERM LIABILITIES |
Unavailable |
|
Morgage Bonds |
Unavailable |
|
Previous Year Turnover |
R 20 000 000 |
|
Estimated Current Year Turnover |
Unavailable |
|
Current Turnover per month |
R 1.500 000 |
|
Current Turnover per annum |
Unavailable |
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 |
43 |
Active Principals
Principal 1 of 1: WERNER WEBER
|
Surname |
WEBER |
|
First Name |
WERNER |
|
Other Names |
None |
|
Marital Status |
Unavailable |
|
ID Number |
6904225016085 |
|
Verified ID Number |
Yes |
|
Current Age |
43 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2008/09/01 |
|
Physical Address (at time of Appointment) |
29 Bergshoop Estate Langeberg Road Durbanville 7750 |
|
Postal Address |
Po box 116 Horward Place 7420 |
|
Current Tel Number |
021 507 6060 |
|
Cell number |
0827898700 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Shareholding |
Unavailable |
Adverse Information for :WERNER WEBER
Judgement
|
Number of Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for:WERNER WEBER
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
WERIAN PROPERTIES (PTY)LTD |
1994/006372/07 |
In Business |
17 Years 9 Months |
0 |
No |
|
THE FINISHING POST (PTY)LTD |
1994/006448/07 |
In Business |
17 Years 9 Months |
0 |
No |
|
SPARHAWK INVESTMENTS CC |
1994/020443/23 |
Conversion CO/CC or CC/CO |
17 Years 10 Months |
0 |
No |
|
UNITED VARNISH AND PRINT FINISHING (PTY)LTD |
1995/002538/07 |
In Business |
17 Years 2 Months |
0 |
No |
|
ABELEEN HOLDINGS (PTY)LTD |
1995/010995/07 |
In Business |
16 Years 7 Months |
0 |
No |
Previous
Business Interests
|
Average Age of
Previous Business Interests |
15 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
ELJONEY TRADING INTERNATIONAL (PTY)LTD |
1989/002940/07 |
Deregistration Final |
23 Years |
0 |
No |
|
MOORREESBURG MOTORS (PTY)LTD |
1997/006377/07 |
Deregistration Final |
15 Years 1 Months |
0 |
No |
|
ABELEEN MANAGEMENT SERVICES (PTY)LTD |
1998/001724/07 |
Deregistration Final |
14 Years 3 Months |
0 |
No |
|
UNITED PROCESS ENGRAVING (PTY)LTD |
1998/002086/07 |
Deregistration Final |
14 Years 3 Months |
0 |
No |
|
AREA 51 SIGNAGE (PTY)LTD |
2001/026258/07 |
Deregistration Final |
10 |Years 6 Months |
0 |
No |
Deeds
Information
Property
Interestsfor :WERNER WEBER
|
Title Deed No. |
T1251/2009 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
29 BERGSHOOP BERGHSHOOP ESTATE DURBANVILLE |
|
Property Type |
Freehold / Ervin |
Extent / Size |
800.0SQM |
|
Purchase Date |
2008-10-07 |
Purchase price |
R 2 150 000 |
|
% Ownership |
|
Bond Holder |
FIRSTRAND BANK LTD |
|
Bond Number |
B9842009 |
Bond Amount |
R 2 500 000 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.88 |
|
UK Pound |
1 |
Rs.86.46 |
|
Euro |
1 |
Rs.69.49 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.