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Report Date : |
19.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
KEYPAK (PTY) LTD |
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Registered Office : |
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Country : |
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Date of Incorporation : |
28.11.1998 |
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Com. Reg. No.: |
1998/008146/07 |
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Legal Form : |
Private Company |
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Line of Business : |
Manufacture of paints, varnishes and similar coatings, printing ink and mastics |
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No. of Employees : |
400 |
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 : |
Good |
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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 |
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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 |
KEYPAK (PTY) LTD |
|
Country |
SOUTH AFRICA |
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Enquiry Terms |
30 DAYS |
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Account Review |
6 MONTHS |
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Subject Contact person |
MARITA-041 3743382 |
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Assessment |
Total Credit Limit Exposure: R 30 000 On the investigation we have established that this a large company The subject is meeting commitments timeously with suppliers. A bank code revealed that the subject would be considered as equal to R 1 500 000 over 30 days. The subject is considered as equal to its normal business engagements |
|
Registered Name |
KEYPAK (PTY) LTD |
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Trading as/ Division Name |
None |
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Previous Name |
None |
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Date of Name Change |
None |
|
Registration Number |
1998/008146/07 |
|
Registration Date |
1998-11-28 |
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Date Commenced Trading |
1998-11-28 |
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Age of Business |
14 Years |
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History of Business |
None |
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History of Principals |
None |
|
Shareholders/Members/Partners of subject
and % holding |
Deemed Confidential |
|
Authorised Share Capital |
R 1000 |
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Issued Share Capital/Members Contribution |
R 100 |
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Status |
This Business is Active |
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Operations Assessment |
Printing and Packaging |
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Industry/ Customers |
Imports to Germany, India etc. |
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Export |
India, Germany, Botswana etc. |
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Major Industry Code / SICC |
3352 |
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Definition of Code |
Manufacture of paints,
varnishes and similar coatings, printing ink and mastics |
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Head Office Physical Address |
4 York Road Northend PORT ELIZABETH 6001 |
|
Head Office Postal Address |
PO Box 3885 NORTHEND 6080 |
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Current Tel Number |
041 3743382 |
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Cell number |
Unavailable |
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Current Fax Number |
041 3743383 |
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Current Email Address |
|
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Web Site Address |
None |
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Company Registered Name |
MAZARS |
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Trading Name |
None |
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Registration Number |
M1995/004696/07 |
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Physical Address |
31 BIRD STREET CENTRAL Port Elizabeth |
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Postal Address |
PO Box 285 PORT ELIZABETH 6000 |
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Contact Person |
ANAL |
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Contact Number |
041 5019762 |
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Email |
|
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Principals |
8 |
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Judgements Against Subject |
None |
|
Judgements Against Principals |
None |
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Subject Verified as Client |
Yes |
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SAICA number |
900222 |
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VAT Number |
4510121074 |
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Tax Number |
9070047072 |
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BEE Status |
Level 2 |
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Financial Year End |
February |
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Years With Auditors |
14 Years |
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Website |
Previous Auditors
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Company Name |
Phone Number |
Time with previous auditors |
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None |
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Vat Number |
4850114655 |
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Status |
Active |
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Vat Liable Date |
1991-09-30 |
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Tax Number |
9400006079 |
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Tax Clearance Expire Date |
Unavailable |
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Financial Year End |
Feb |
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Status |
Yes |
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Score |
Level 2 |
|
Expire Date |
None |
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BEE Certificate Available |
Yes |
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Type of ISO Grade |
None |
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ISO Certificate |
|
|
ISO Certificate Available |
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|
Certified by an Accredited Agent |
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Registered |
Yes |
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Compliance Certified |
Yes |
Subsidiaries
|
Subsidiary Company |
None |
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Shareholding |
|
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Registration Number |
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Import / Export |
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Number of
Employees |
400 |
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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 |
20 |
Owned |
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The Fleet is made up of |
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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 |
Offices / Warehouse |
Head Office Owned/ Rented |
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Rental Company |
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Owned by |
KEYPAK (PTY) LTD |
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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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CAPE TOWN |
SOUTH AFRICA |
EASTERN CAPE |
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JOHANNESBURG |
SOUTH AFRICA |
GAUTENG |
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GOERGE |
SOUTH AFRICA |
EASTERN CAPE |
Branches Owned/ Rented |
Deemed Confidential |
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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
|
Level |
Position |
Name |
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Deemed Confidential |
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Company Structure
(Ownership)
Note: One level up and
all levels down
|
Holding |
Company |
Sub |
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Deemed Confidential |
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Key
deals signed within the past 12 months.
|
Company |
Value |
Contact |
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None |
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Trade Reference nr |
Supplier |
Contact |
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1 |
MONDI |
021 9512296 |
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2 |
CONTINENTAL PRITING |
021 5115739 |
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3 |
UMVUSA INKS |
041 3730752 |
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4 |
KORNI MAINTANANCE |
041 5859721 |
Trade References
Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
Do |
Not |
Give |
Trade |
Reference |
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2 |
Do |
Not |
Give |
Trade |
Reference |
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3 |
Do |
Not |
Give |
Trade |
Reference |
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4 |
3 Years |
Open Account |
R 30 000.00 |
30 Days |
R 30 000.00 |
30 Days |
Very Good |
Judgements
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil Court |
None |
|
RDs |
None |
Business Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
|
None |
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Default Listings
|
Date |
Details |
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None |
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Notarial Bonds
|
Date |
Details |
|
None |
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Bank |
FNB |
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Branch |
NEWTOWN PARK |
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Bank Account Number |
53440036078 |
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Type of Account |
CURRENT |
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Account Name |
KEYPAK (PTY) LTD |
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Overdraft Facilities |
Yes |
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Bank Code |
C for R 1 500 000 |
|
Bank Comment |
The subjects bankers consider them as equal to their normal business
engagements. |
Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
Years with bank |
|
None |
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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. |
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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 |
|
Bond Amount |
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Financial
Estimates
|
CURRENT ASSETS |
Deemed Confidential |
|
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:
|
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 |
3 |
|
Average Age of Active Principals |
54 |
Active Principals
Principal 1 of 3: JILLIAN JORGENSEN
|
Surname |
JORGENSEN |
|
First Name |
JILLIAN |
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Other Names |
None |
|
Marital Status |
Married |
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ID Number |
7009270193083 |
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Verified ID Number |
Yes |
|
Current Age |
42 |
|
Designation |
Director |
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Status |
Active |
|
Appointment Date |
2003-03-01 |
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Physical Address (at time of Appointment) |
2 The Manor Luneville Road LORRAINE PORT ELIZABETH 6070 |
|
Postal Address |
2 The Manor Luneville Road LORRAINE PORT ELIZABETH 6070 |
|
Current Tel Number |
041 3743382 |
|
Cell number |
082 6556709 |
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Current Fax Number |
041 3743383 |
|
Current Email Address |
|
|
Shareholding |
(if the principal owns shares) |
Adverse Information for: JILLIAN JORGENSEN
Judgement
|
Number of
Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information for: JILLIAN
JORGENSEN
Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MICRO DIES (PTY) LTD |
1998/005470/07 |
In Business |
21 Years 6 Months |
0 |
No |
|
NIEUCO PROPERTIES 1011 (PTY) LTD |
2001/025846/07 |
In Business |
10 Years 7 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
Interestsfor: JILLIAN JORGENSEN
|
Title Deed No. |
ST5384/2002 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
|
|
Property Type |
Sectional Title / Unit |
Extent / Size |
121.0SQM |
|
Purchase Date |
2001-10-15 |
Purchase price |
R 308 000.00 |
|
% Ownership |
0.0000 |
Bond Holder |
FIRSTRAND BANK
LTD |
|
Bond Number |
SB29592002 |
Bond Amount |
R 200 000.00 |
Principal 2 of 3: RONALD JORGENSEN
|
Surname |
JORGENSEN |
|
First Name |
RONALD |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
7009270193083 |
|
Verified ID Number |
Yes |
|
Current Age |
42 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2003-03-01 |
|
Physical Address (at time of Appointment) |
2 The Manor Luneville Road LORRAINE PORT ELIZABETH 6070 |
|
Postal Address |
2 The Manor Luneville Road LORRAINE PORT ELIZABETH 6070 |
|
Current Tel Number |
041 3743382 |
|
Cell number |
082 6556709 |
|
Current Fax Number |
041 3743383 |
|
Current Email Address |
|
|
Shareholding |
(if the principal owns shares) |
Adverse
Information for: RONALD JORGENSEN
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: RONALD JORGENSEN
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
KEYPAK CC |
1990/036482/23 |
Conversion CO/CC
or CC/CO |
21 Years 6 Months |
0 |
No |
|
MICRO DIES (PTY) LTD |
1998/005470/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
NIEUCO PROPERTIES 1011 (PTY) LTD |
2001/025846/07 |
In Business |
10 Years 7 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 Interestsfor: RONALD JORGENSEN
|
Title Deed No. |
ST5384/2002 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
|
|
Property Type |
Sectional Title/ Unit |
Extent / Size |
121.0SQM |
|
Purchase Date |
2001-10-15 |
Purchase price |
R 308 000.00 |
|
% Ownership |
0.0000 |
Bond Holder |
FIRSTRAND BANK
LTD |
|
Bond Number |
SB29592002 |
Bond Amount |
R 200 000.00 |
Principal 3 of 3: RONALD JORGENSEN
|
Surname |
RONALD |
|
First Name |
JORGENSEN |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
4005145097007 |
|
Verified ID Number |
Yes |
|
Current Age |
72 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1998-04-29 |
|
Physical Address (at time of Appointment) |
14 Summit Avenue BRYMORE 6001 |
|
Postal Address |
PO Box 3885 NORTH END 6056 |
|
Current Tel Number |
041 3743382 |
|
Cell number |
0826566708 |
|
Current Fax Number |
041 3743383 |
|
Current Email Address |
|
|
Shareholding |
(if the principal owns shares) |
Adverse
Information for: RONALD JORGENSEN
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information for: RONALD JORGENSEN
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
KEYPAK CC |
1990/036482/23 |
Conversion CO/CC
or CC/CO |
21 Years 6 Months |
0 |
No |
|
NIEUCO PROPERTIES 1011 (PTY) LTD |
2001/025846/07 |
In Business |
10 Years 7 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 Interestsfor: RONALD JORGENSEN
|
Title Deed No. |
ST676/2003 |
Erf/Site No. |
2339 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
SUMMERSTRAND
PORT ELIZABETH |
|
Property Type |
Sectional Title/Unit |
Extent / Size |
17.0SQM |
|
Purchase Date |
2002-09-12 |
Purchase price |
R 40 000.00 |
|
% Ownership |
0.0000 |
Bond Holder |
ART251 WET9586
SAAKLIKE REG |
|
Bond Number |
SK51241996S |
Bond Amount |
R 0.00 |
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.