MIRA INFORM REPORT
|
Report Date : |
22.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
SUNNYFIELD PACKING COMPANY (PTY) LTD |
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Registered Office : |
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Country : |
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Date of Incorporation : |
30.08.1990 |
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Com. Reg. No.: |
1990/005197/07 |
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Legal Form : |
Private Company |
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Line of Business : |
Not Available |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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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 |
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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 |
|
Off-credit |
D |
Assessment:
This is an established company however we are still awaiting information
via an email questionnaire that has not as yet been completed.
A number of emails have been forwarded to the financial manager.
It seems as though they are reluctant to assist.
Please see the available information below and as soon as any further
details are available they will be forwarded to our client.
We have further attempted to obtain details and all attempts have proved
unsuccessful.
No further information has been forthcoming.
We can therefore not provide any comment on the subject.
|
Registered
Name |
SUNNYFIELD PACKING COMPANY (PTY) LTD |
|
Trading
as/ Division Name |
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Previous Name |
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Date of Name
Change |
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Registration
Number |
1990/005197/07 |
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Registration
Date |
1990-08-30 |
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Date Commenced
Trading |
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History of
Business |
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History of
Principals |
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Shareholders/Members/Partners
of subject and % holding |
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Authorised Share
Capital |
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Issued Share
Capital |
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Age of Company |
21 years 3 months |
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Status |
In Business |
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Operations
Assessment |
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Industry/
Customers |
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Export |
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Major Industry
Code / SICC |
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Definition of
Code |
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Head Office
Physical Address |
1444 South Coast Road MOBENI Kwazulu Natal |
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Head Office
Postal Address |
PO Box 4638 DURBAN 4000 |
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Current Tel
Number Cell number |
031 4622332 |
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Current Fax
Number |
031 4625610 |
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Current Email
Address |
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Web Site Address |
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Company
Registered Name |
SULTAN AND ASSOCIATES |
|
Trading Name |
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Registration
Number |
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Physical Address |
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Postal Address |
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Contact Person |
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Contact Number |
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Email |
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Principals |
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Judgements
Against Subject |
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Judgements
Against Principals |
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Subject Verified
as Client |
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SAICA number |
902153 |
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VAT Number |
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Tax Number |
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BEE Status |
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Financial Year
End |
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Years With Auditors |
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Website |
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Previous Auditors
|
Company Name/ Tel |
Time With Previous Auditors |
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FARRAR JEENA |
Unknown |
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PRICE WATERHOUSE COOPERS |
Unknown |
Tax Information
|
Vat Number |
4660119480 |
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Status |
Active |
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Vat Liable Date |
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Tax Number |
9297311202 |
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Tax Clearance
Expire Date |
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Financial Year
End |
June |
Black Economic
Empowerment
|
Status |
Yes |
|
BEE Certificate
Available |
Yes, please see attached |
ISO Status
|
Type of ISO
Grade |
Unavailable |
|
ISO Certificate |
Yes/No |
|
ISO Certificate
Available |
Yes/No |
|
Certified by
anAccredited Agent |
Yes/No |
Workman’s
compensation
|
Registered |
Yes/No |
|
Compliance
Certified |
Yes/No |
Company Structure
|
Branches |
Unavailable |
|
Branches Names |
Country |
Province |
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Subsidiary
Company |
Unavailable |
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Shareholding |
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Registration
Number |
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Import / Export |
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Number of
Employees |
Unavailable |
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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 |
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The Fleet is
made up of |
Unavailable |
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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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Head
OfficeOwned/ Rented |
Unavailable |
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Rental 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 |
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Trade References
|
Supplier |
Contact |
|
Unavailable |
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Trade References
|
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
Unavailable |
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Adverse Information
on Subject
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil Court |
None |
|
RDs |
None |
Default Data
|
Date |
Details |
|
None |
|
Notarial Bonds
|
Date |
Details |
|
None |
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|
Property Interest |
|||
|
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 |
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Bond Amount |
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Bank |
NEDBANK |
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Branch |
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Bank Account
Number |
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Type of Account |
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Branch Code |
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Account Name |
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Overdraft
Facilities |
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Date Opened |
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Bank Code |
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Bank Comment |
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Bank CodesHistory
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
|
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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Financial Estimates
|
CURRENT ASSETS |
Unavailable |
|
Stock |
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Debtors |
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Cash on Hand |
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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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ANNUAL / MONTHLY
Turnover |
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Previous Year
Turnover |
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Estimated
Current Year Turnover |
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Number of
Principals |
4 |
|
Average Age of
Active Principals |
50 |
Active Principals
Principal 1 of 4
|
Surname |
ABDOOLA |
|
First Names |
ASHRAF ISMAIL |
|
Marital Status |
|
|
ID Number |
6511175209089 |
|
Verified ID
Number |
Yes |
|
Current Age |
46 |
|
Designation |
Businessman |
|
Status |
Active |
|
Appointment Date |
2010-05-19 |
|
Address (at time
of Appointment) |
25 Swansmile Road YELLOWWOOD PARK 4004 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business Information on
Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
HULLEY AND RICE
(PTY) LTD |
19663/001275/07 |
In Business |
0 |
No |
|
ONE SEVEN SEVEN
SIX INVESTMENTS (PTY) LTD |
1983/008979/07 |
In Business |
0 |
No |
|
SAM AND JACK
PROPERTIES (PTY) LTD |
1989/000494/07 |
In Business |
0 |
No |
|
WILBAT PROJECTS
311 (PTY) LTD |
1998/016380/07 |
In Business |
0 |
No |
|
CAPITAL TOBACCO
AND DISTRIBUTION (PTY) LTD |
1999/025087/07 |
In Business |
0 |
No |
|
NEWINVEST 158
(PTY) LTD |
2000/001383/07 |
In Business |
0 |
No |
|
NEWINVEST 167
(PTY) LTD |
2000/001773/07 |
Deregistration
Process |
0 |
No |
|
FULLOUTPUT 1096
CC |
2000/015814/23 |
Deregistration
Process |
0 |
No |
|
STAR CHOICE
TRADING 6 (PTY) LTD |
2001/025440/07 |
In Business |
0 |
No |
|
GOLDEN FALLS
TRADING183 (PTY) LTD |
2004/012773/07 |
In Business |
0 |
No |
|
SHARIEF TRADING
(PTY) LTD |
2005/025389/07 |
In Business |
0 |
No |
|
DELTA BLUE
TARDING 267 CC |
2002/061887/23 |
In Business |
0 |
No |
|
YELLOW FERN
TRADING (PTY) LTD |
2006/030450/07 |
In Business |
0 |
No |
|
WADE PARK (PTY) LTD |
2007/027966/07 |
In Business |
0 |
No |
|
WILBAT PROJECTS
614 LTD |
B2000/035106/07 |
In Business |
0 |
No |
|
CAPITAL TOBACCO
COMPANY (PTY) LTD |
M1956/001416/07 |
In Business |
0 |
No |
|
SOLVISTA
INVETSMENTS (PTY) LTD |
M1994/0004858/07 |
In Business |
0 |
No |
|
FASIC INVETSMENT
CORPORATION LTD |
M1997/003335/06 |
In Business |
0 |
No |
|
ELANDSFONTEIN
BEVERAGE MARKETING (PTY) LTD |
M1997/007978/07 |
In Business |
0 |
No |
|
THE LION MATCH
COMPANY (PTY) LTD |
M1998/008912/07 |
In Business |
0 |
No |
|
WILBAT PROJECTS
321 (PTY) LTD |
M2000/014454/07 |
In Business |
0 |
No |
|
WILBAT PROJECTS
323 (PTY) LTD |
M2000/014846/07 |
In Business |
0 |
No |
|
EAGLE CREEK
INVESTMENTS 591 (PTY) LTD |
M2006/011725/07 |
In Business |
0 |
No |
|
LAKADA (PTY) LTD |
M2007/011446/07 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
18 years |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
SOUTHVIEWS
INVETSMENTS (PTY) LTD |
1993/002700/07 |
Deregistration
Final |
0 |
No |
Deeds Information
Property Interests of
Principle
|
Property Interest |
|||
|
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 2 of 4
|
Surname |
ABDOOLA |
|
First Names |
NAUSHAD ISMAIL |
|
Marital Status |
|
|
ID Number |
6001305144083 |
|
Verified ID
Number |
Yes |
|
Current Age |
51 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1990-08-30 |
|
Address (at time
of Appointment) |
1 Ville Casali 126 Bellvue Road MUSGRAVE Durban 4001 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
HULLEY AND RICE
(PTY) LTD |
19663/001275/07 |
In Business |
0 |
No |
|
NATIONAL SHAVING
PRODUCTS (PTY) LTD |
1964/007757/07 |
In Business |
0 |
No |
|
FLAVAPET (PTY)
LTD |
1987/001018/07 |
In Business |
0 |
No |
|
WILBAT PROJECTS
311 (PTY) LTD |
1998/016380/07 |
In Business |
0 |
No |
|
CAPITAL TOBACCO
AND DISTRIBUTION (PTY) LTD |
1999/025087/07 |
In Business |
0 |
No |
|
NEWINVEST 158
(PTY) LTD |
2000/001383/07 |
In Business |
0 |
No |
|
NEWINVEST 167
(PTY) LTD |
2000/001773/07 |
Deregistration
Process |
0 |
No |
|
STAR CHOICE
TRADING 6 (PTY) LTD |
2001/025440/07 |
In Business |
0 |
No |
|
SHARIEF TRADING
(PTY) LTD |
2005/025389/07 |
In Business |
0 |
No |
|
WILBAT PROJECTS
614 LTD |
B2000/035106/07 |
In Business |
0 |
No |
|
CAPITAL TOBACCO
COMPANY (PTY) LTD |
M1956/001416/07 |
In Business |
0 |
No |
|
SOLVISTA
INVETSMENTS (PTY) LTD |
M1994/0004858/07 |
In Business |
0 |
No |
|
FASIC INVETSMENT
CORPORATION LTD |
M1997/003335/06 |
In Business |
0 |
No |
|
ELANDSFONTEIN
BEVERAGE MARKETING (PTY) LTD |
M1997/007978/07 |
In Business |
0 |
No |
|
THE LION MATCH
COMPANY (PTY) LTD |
M1998/008912/07 |
In Business |
0 |
No |
|
WILBAT PROJECTS
321 (PTY) LTD |
M2000/014454/07 |
In Business |
0 |
No |
|
WILBAT PROJECTS
323 (PTY) LTD |
M2000/014846/07 |
In Business |
0 |
No |
|
LAKADA (PTY) LTD |
M2007/011446/07 |
In Business |
0 |
No |
|
MEREBANK MEDICAL
CLINIC (PTY) LTD |
1994/008453/07 |
In Business |
0 |
No |
|
DISCERN
INVESTMNETS (PTY) LTD |
1995/0137398/07 |
In Business |
0 |
No |
|
SEVERN MARKETING
(PTY) LTD |
1998/016213/07 |
In Business |
0 |
No |
|
QUO INDUSTRIES (PTY)
LTD |
1999/006666/07 |
In Business |
0 |
No |
|
LIONMATCH
FORESTRY (PTY) LTD |
2007/011484/07 |
In Business |
0 |
No |
|
CREST LIFE AND
GENERAL (PTY) LTD |
M1986/001936/07 |
In Business |
0 |
No |
|
G10 INVESTMENTS
(PTY) LTD |
M1998/009496/07 |
In Business |
0 |
No |
|
STEEPHILL
TRADING (PTY) LTD |
M2002/0012667/07 |
In Business |
0 |
No |
Previous
Business Interests
|
Average Age of
Previous Business Interests |
20 years |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
K C S A HOLDINGS
(PTY) LTD |
1948/032113/07 |
In Business |
0 |
No |
|
KIMBERLY-CLARKE
SOUTHERN AFRICA (HOLDINGS) (PTY) LTD |
1969/002685/07 |
In Business |
0 |
No |
|
SOUTHVIEWS
INVETSMNETS (PTY) LTD |
1993/002700/07 |
In Business |
0 |
No |
|
20 ALPINE HEALTH
CC |
1996/038582/23 |
In Business |
0 |
No |
|
WAWONA
INVESTMENTS (PTY) LTD |
1998/008665/07 |
In Business |
0 |
No |
|
KARBOTECK CARBON
TECHNOLOGIES (PTY) LTD |
2001/025939/07 |
In Business |
0 |
No |
|
PLAZA HYPER CC |
2002/050630/23 |
In Business |
0 |
No |
|
GOLDEN FALLS
TRAIDNG 183 (PTY) LTD |
2004/012773/07 |
In Business |
0 |
No |
|
ERF 627 AND 628
ESTCOURT (PTY) LTD |
M2008/015636/07 |
In Business |
0 |
No |
Deeds Information
Property Interests
of Principle
|
Property Interest |
|||
|
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
|
Surname |
ABDOOLA |
|
First Names |
NASIR ISMAIL |
|
Marital Status |
|
|
ID Number |
6111025167080 |
|
Verified ID
Number |
Yes |
|
Current Age |
50 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1990-08-30 |
|
Address (at time
of Appointment) |
26 Sholapur Place MEREBANK 4052 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
STAR CHOICE
TRADING 6 (PTY) LTD |
19663/001275/07 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
None |
|
|
|
|
Deeds Information
Property Interests
of Principle
|
Property Interest |
|||
|
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 4
|
Surname |
ABDOOLA |
|
First Names |
FAROUK ISMAIL |
|
Marital Status |
|
|
ID Number |
5501055029054 |
|
Verified ID
Number |
Yes |
|
Current Age |
56 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1990-08-30 |
|
Address (at time
of Appointment) |
26 Sholapur Place MEREBANK 4052 |
Adverse
Information on Principal
Judgement
|
Number of
Judgements |
None |
Debt Review
|
Debt review |
None |
Other
|
Default data |
None |
Business
Information on Principal
Current Business
Interests
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
DISCERN
INVESTMENTS (PTY) LTD |
1995/013739/07 |
In Business |
0 |
No |
Previous Business
Interests
|
Average Age of
Previous Business Interests |
None |
|
Company Name |
Registration No |
Status |
Judgements |
Liquidation |
|
None |
|
|
|
|
Deeds Information
Property Interests
of Principle
|
Property Interest |
|||
|
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.54.68 |
|
UK Pound |
1 |
Rs.86.52 |
|
Euro |
1 |
Rs.69.86 |
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.