MIRA INFORM REPORT

 

 

Report Date :

01.11.2012

 

IDENTIFICATION DETAILS

 

Name :

PICK N PAY RETAILERS (PTY) LTD

 

 

Registered Office :

Pick N Pay Office Park, 101 Rosmead Avenue, Kenilworth, 7708

 

 

Country :

South Africa

 

 

Date of Incorporation :

17.04.1973

 

 

Com. Reg. No.:

M1973/004739/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Retail trade in non-specialised stores mainly food, beverages, tobacco

 

 

No. of Employees :

Not Available 

 

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

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 – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

South Africa

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

South Africa - ECONOMIC OVERVIEW

 

south Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors; a stock exchange that is the 18th largest in the world; and modern infrastructure supporting a relatively efficient distribution of goods to major urban centers throughout the region. Growth was robust from 2004 to 2007 as South Africa reaped the benefits of macroeconomic stability and a global commodities boom but began to slow in the second half of 2007 due to an electricity crisis and the subsequent global financial crisis' impact on commodity prices and demand. GDP fell nearly 2% in 2009 but recovered in 2010-11. Unemployment remains high and outdated infrastructure has constrained growth. State power supplier Eskom encountered problems with aging plants and meeting electricity demand necessitating "load-shedding" cuts in 2007 and 2008 to residents and businesses in the major cities. Daunting economic problems remain from the apartheid era - especially poverty, lack of economic empowerment among the disadvantaged groups, and a shortage of public transportation. South Africa''s economic policy is fiscally conservative focusing on controlling inflation and attaining a budget surplus. The current government largely follows these prudent policies but must contend with the impact of the global crisis and is facing growing pressure from special interest groups to use state-owned enterprises to deliver basic services to low-income areas and to increase job growth.

 

Source : CIA

 


 

Subject Name

PICK N PAY RETAILERS (PTY)LTD

Country

South Africa

Subject Contact Person

LYNZZIE

Assessment

This is a well-established and well -connected business.

 

On investigation contact was made with LYNZZIE in the accounts department. 

 

The subject has been in operation for many years and is one of South Africa's leading grocery, home products and clothing retailers.

 

The subject is meeting its commitments timeously with it's suppliers.

 

The bank code returned indicated that the account has been closed and alternate/ new banking information was declined. Please find the financials for the subject attached. There are Judgements against the concern.

 

Please see the information obtained below.

 

 

Company information

 

Registered Name

PICK N PAY RETAILERS (PTY)LTD

Trading as/ Division Name

PICK N PAY

Previous Name

NONE

Date of Name Change

NONE

Registration Number

M1973/004739/07

Registration Date

1973/04/17

Date Commenced Trading

APRIL 1973

Age of Business

39 Years 6 Months

History of Business

PICK N PAY RETAILERS (PTY)LTD was established in 1973.

 

PICK N PAY RETAILERS (PTY)LTD is a subsidiary of the JSE listed business, PICK N PAY STORES LTD (1968/008034/06), which is in turn a subsidiary of PICK N PAY HOLDINGS LTD (1981/009610/06) .

History of Principals

RICHARD VAN RENSBERG was appointed as the deputy chief executive officer in August 2011.

 

ABOUBAKAR JAKOET is the Chief Finance Officer of Pick n Pay Holdings Limited. He is a qualified Chartered Accountant since April 29 2011.

 

NICK BADMINTON has been CEO since 2007 and would be replaced by RICHARD BRASHER effective from February 1, 2013. GARETH ACKERMAN was appointed in 1987 as Executive Chairman and he previously served as a General Manager at Pick 'n Pay Retailers (Pty) Limited.

Shareholders/Members/Partners of subject and % holding

100 % - PICK N PAY STORES LTD 1968/008034/06

Status

In Business

Operations Assessment

The concern operates as a retailer of food, clothing, and general merchandise. The company operates hypermarkets, supermarkets, liquor, clothing stores and family franchise stores

Industry/ Customers

FMCG (FAST MOVING CONSUMER GROUP) sector

Export

Yes

Import

Yes

Major Industry Code / SICC

62110

Definition of Code

Retail trade in non-specialised stores mainly food, beverages, tobacco.

Head Office Physical Address

PICK N PAY OFFICE PARK, 101 ROSMEAD AVENUE, KENILWORTH, 7708

Head Office Postal Address

P O BOX 23087, CLAREMONT, 7735

Current Tel Number

021 6581000

Cell Number

082 5540841

Current Fax Number

021 6581044

Current Email Address

glea@pnp.co.za , tjoffe@pnp.co.za 

Web Site Address

www.picknpay.co.za

 

 

Auditors information

 

Company Registered Name

KPMG INC

Trading Name

KPMG

Registration Number

M1999/021543/21

Physical Address

85 EMPIRE ROAD, PARKTOWN,JOHANNESBURG

Postal Address

Private Bag X 9ParkviewJohannesburg2122

Contact Number

011 647 7111

Email

berenice.katz@kpmg.co.za

Principals

205

Judgements Against Subject

No information on file

Judgements Against Principals

11

Subject Verified as Client

Yes

Practice Number

900141F

VAT Number

4530188665

Tax Number

9559555843

BEE Status

Level 2

Financial Year End

August

No of years in Business

39

Website

www.kpmg.co.za

 

 

Previous Auditors

Company Name

Phone Number

Time with previous auditors

Comment

ARTHUR ANDERSON & CO

 

39

 

SCHWARTS FINE ABRAHAMS GORVY AND KANE

 

39

 

 

 

Tax Information

 

Vat Number

4090105588

Status

ACTIVE

Vat Liable Date

1991/09/30

Tax Number

9650141717

Financial Year End

February

Black Economic Empowerment

Status

Yes

Score

8.00

BEE Certificate Available

Yes

 

ISO Information - No Information on Record

Workman's compensation

Registered

Yes

Compliance Certified

Yes

Comment

 

 

 

Company structure

 

Subsidiaries

Subsidiary Company

NONE

Employees

Number of Employees

 

1. Salaried employees

 

2. Waged employees

 

3. Permanent employees

 

4. Casual employees

 

5. Contracted employees

 

Comment

Details regarding the staff compliment was declined

Company Fleet

Company Fleet

No of vehicles:

Owned/Leased

Value

Outstanding Balance

Fleet Operations

 

 

 

 

The Fleet is made up of

 

Comment

There are vehicles registered in the name of the company, no further details were made

available

Light delivery Vehicles

 

Owned

 

 

 

 

Offices

 

Offices

Offices

Head Office Owned/ Rented

Owned

Lease Agreement

None

Type of Premises

office and warehouse

Comment

Further details were declined

Branch Information

Branches Names

Country

Province

 

South Africa

 

Branch Detail Information

Comment

PICK N PAY LTD  has 782 stores and 56 supermarkets country wide

 

 

Management Overview

 

Organisation Chart

Level

Position

Name

Comment

 

1

Chief Finance Officer

Mr. Aboubakar Jakoet

 

 

2

Deputy Chief Executive Officer

Mr. Richard S. J. van Rensburg

 

 

3

Company Secretary

Debra Muller

 

 

Company Structure Information - No Information on Record

 

Note: One level up and all levels down

 

Key Deals - No Information on Record

 


Trade References

 

Trade Reference nr

Supplier

Contact

Surety Value

Notarial Bonds

Comment

1

MOUNTAIN VALLEY FARM

0317851043

 

 

 

2

ELECTROLUX SA

0861456789

 

 

 

3

TIGER BRANDS

0314607111

 

 

 

 

Trade References Detail

 

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

6 Years

R 500000.00

R 300000

7 Days

R 300000

7 Days

Good Account

2

13 Years

R 2000000.00

R 500000

30 DAYS

R 500000

30 DAYS

Good account

3

15 Years +

 

R 40000000

30 Days

R 30000000 -40000000

30 Days

Excellent Account -The subject meets payments on time, The subject does not have a credit limit.

 

 

Adverse Information on Subject

 

Judgements

 

Judgements

1

Possible Judgements

0

Civil Court

0

RDs

0

Comment

Case Reason SERVICES RENDEREDAttorney Name FLUXMANS INCORPORATED Attorney Phone No. 0113281700Plaintiff Name RAW AT ABDOOL Slssue Date 2008-10-20AAAAD Court Name JOHANNESBURG MJudgment Type JUDGEMENT BY DEFAULT Amount R 36 474,00Case

 

Judgements

2

Possible Judgements

0

 

0

 

0

 

Case Reason GOODS DELIVERED AND SOLDAttorney Name NO ATTORNEY Attorney Phone No.Commercial Name PICK N PAY NOTH BEACH Plaintiff Name TRANS-NATAL MEAT WHOLESALERS Court Name DURBAN MJudgment Type JUDGEMENT BY DEFAULT Amount R 14 698,00Case No. 15489/2008 Issue Date 2008-06-05

 

 

3

Possible Judgements

0

Civil Court Records

0

RDs

0

Comment

Attorney Name GOLDBERG AND VICTOR INCORPORATED Attorney Phone No. 0414843346PORT ELIZABETH MCourt NameSPITZBAK ESTATE PTY LTD TA KOELKORPlaintiff Name HUMANSDORPJudgment Type JUDGEMENT BY DEFAULT Amount R 74 782,00Case No. 16080/2011 Issue Date 2011 -04-28Registration NoCase Reason SERVICES RENDERED

 

Judgements

4

Possible Judgements

0

Civil Court Records

0

RDs

0

Comment

Commercial Name PICK"N PAY RETAILERS PTY LTDCase No. 13489/2010 Issue Date 2010-12-13 Judgment Type JUDGEMENT BY DEFAULT Amount R 12 534,00Plaintiff Name ABSOLOMMPITSO Court Name PRETORIA MAttorney Name GERNEKE AND POTGIETERAttorney Phone No. 01256557825463407Case Reason OTHER

 

BusinessRescue - No Information on Record

 

Default Listing - No information on record

 

Notarial Bonds - No information on record

 

 

Bank Information

 

Bank

ABSA

Branch

NORTHCLIFF

Brach Code

632005

Bank Account Number

4050663440

Type of Account

CHEQUE ACCOUNT

Account Name

PICK N PAY RETAILERS

Overdraft Facilities

None

Bank Comment

Bankers advised that the account has been closed

 

Previous Bank Account Information - No Information on Record

 

Bank Code History - No Information on Record

 

 

 

 

 

Deeds Information

Property Interests for Company PICK N PAY RETAILERS (PTY)LTD

 

Title Deed No.

T86691/1997

Erf/Site No.

0

Deeds Office

PRETORIA

Physical Address

62 LASCELLES RIETFONTEIN 63-IR GERMISTON

Property Type

Farms

Extent / Size

945SQM

Purchase Date

1996/12/06

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T19640/2010

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

KENILWORTH SOUTHERN SUBURBS

Property Type

Freehold / Ervin

Extent / Size

1.8561H

Purchase Date

2008/07/15

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

K322006S

Bond Amount

 

Comment

 

 

Title Deed No.

T65275/2005

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

Freehold / Ervin

Extent / Size

3.7789H

Purchase Date

2004/08/13

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T2446/2006

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

Freehold / Ervin

Extent / Size

4412.0SQM

Purchase Date

2005/05/27

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T74268/2008

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

50 HAMPSTEAD CLAREMONT SOUTHERN SUBURBS

Property Type

Freehold / Ervin

Extent / Size

3801.0SQM

Purchase Date

2008/07/02

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T158057/2005

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

ROODEKOP 139-IRGERMISTON

Property Type

Farms

Extent / Size

29.4127H

Purchase Date

2005/06/17

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T16362/2012

Erf/Site No.

 

Deeds Office

JOHANNESBURG

Physical Address

 

Property Type

Freehold / Ervin

Extent / Size

2.4677H

Purchase Date

2011/12/13

Purchase price

 

% Ownership

0.00

Bond Holder

NEDBANK LTD

Bond Number

B120072012

Bond Amount

 

 

Title Deed No.

T16362/2012

Erf/Site No.

 

Deeds Office

JOHANNESBURG

Physical Address

 

Property Type

Freehold / Ervin

Extent / Size

1.8871H

Purchase Date

2011/12/13

Purchase price

 

% Ownership

0.00

Bond Holder

NEDBANK LTD

Bond Number

B120072012

Bond Amount

 

Comment

 

 

Title Deed No.

T145216/2003

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

FAERIE GLEN PRETORIA

Property Type

Freehold / Ervin

Extent / Size

8.4976H

Purchase Date

2003/07/24

Purchase price

 

% Ownership

0.00

Bond Holder

FIRSTRAND BANK LTD

Bond Number

B982072003

Bond Amount

 

Comment

 

 

Title Deed No.

T38873/2011

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

22 COMMERCE WESTCLIFF CHATSWORTH

Property Type

Freehold / Ervin

Extent / Size

1.3742H

Purchase Date

2011/06/01

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

1-22302011LG

Bond Amount

 

Comment

 

 

Title Deed No.

T33292/2004

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

 

Property Type

Farms

Extent / Size

1.2077SQM

Purchase Date

2003/06/04

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T33292/2004

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

 

Property Type

Farms

Extent / Size

343.0SQM

Purchase Date

2003/06/04

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

 

Title Deed No.

T33292/2004

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

 

Property Type

Farms

Extent / Size

449.0SQM

Purchase Date

2003/06/04

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T33292/2004

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

 

Property Type

Farms

Extent / Size

422.0SQM

Purchase Date

2003/06/04

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T33292/2004

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

 

Property Type

Farms

Extent / Size

360.0SQM

Purchase Date

2003/06/04

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

ST28783/2004

Erf/Site No.

9576,0

Deeds Office

PIETERMARITZBURG

Physical Address

 

Property Type

Sectional Title / Unit

Extent / Size

145.0SQM

Purchase Date

2004/03/01

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

SK9731999S

Bond Amount

 

Comment

 

 

Title Deed No.

T19298/2004

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

35 CANNON HOSPITAL PARK LADYSMITH

Property Type

Freehold / Ervin

Extent / Size

1060.0SQM

Purchase Date

2004/03/01

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

 

 

Title Deed No.

T89617/2011

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

 

Property Type

Farms

Extent / Size

88.175H

Purchase Date

2011/02/22

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T32886/2002

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

 

Property Type

Farms

Extent / Size

3.8617H

Purchase Date

2002/02/15

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T64485/2002

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

 

Property Type

Farms

Extent / Size

6962.0SQM

Purchase Date

2002/08/23

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T14504/2005

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

2 BARONETCY PAROW PAROW

Property Type

Freehold / Ervin

Extent / Size

3.7711H

Purchase Date

2004/02/20

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T67475/1998

Erf/Site No.

0

Deeds Office

PRETORIA

Physical Address

MEADOWBROOK GERMISTON

Property Type

Farms

Extent / Size

6221.0SQM

Purchase Date

1996/09/07

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

 


Financial information

 

FINANCIAL ESTIMATES

Comment

Audited financial statements as at 29 February 2012 attached

 

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

6

Average Age of Active Principals

51

 

Active Principals Principal - 1of 6 RICHARD VAN RENSBERG

Surname

VAN RENSBERG

First Name

RICHARD

Other Names

Schalk Janse

Marital Status

Married

ID Number

6010185097089

Verified ID Number

Yes

Current Age

52

Designation

DEPUTY CHIEF EXECUTIVE

Status

Active

Appointment Date

2011/10/01

Physical Address (at time of Appointment)

25 BISHOPSCOURT DRIVE, BISHOPSCOURT, WESTERN CAPE, 7700

Postal Address

P O BOX 23087, CLAREMONT, 7735

Current Tel Number

0114073344

Cell number

0825585525

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for RICHARD VAN RENSBERG

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

RIVER RANCH STUD FARM

6010185097089

 

Unknown

0

No

 

PICK N PAY STORES LTD

M1968/008034/06

In Business

44 Years 8 Months

0

No

 

NATURAL WAY FARMS (PTY)LTD

M1997/022294/07

In Business

15 Years 3 Months

0

No

 

ERF 420 BISHOPSCOURT (PTY) LTD

M1998/022355/07

In Business

14 Years 2 Months

0

No

 

NEW CHIP GROUP NOMINEES (PTY) LTD

M1999/024562/07

In Business

13 Years 1 Months

0

No

 

KOVACS

INVESTMENTS 863 (PTY) LTD

M2007/022264/07

In Business

5 Years 5 Months

0

No

 

 

Principal Previous Business Interests

 

Average age of previous business                                                            22 years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PATIN TRADING 168 (PTY) LTD

2006/024223/07

In Business

6 Years 6 Months

0

No

 

STAND 1340 FOURWAYS GARDENS CC

B1990/010020/23

Deregistration Final

22 Years 10 Months

0

No

 

STAPLES WHOLESALE STATIONERS (PTY)LTD

M1905/023873/07

Deregistration Final

66 Years 6 Months

0

No

 

WOOLWORTHS HOLDINGS LTD

M1929/001986/06

In Business

83 Years 11 Months

0

No

 

PRESCIENT LIMITED LTD

M1936/008278/06

In Business

76 Years 4 Months

0

No

 

MASSMART HOLDINGS LTD

M1940/014066/06

In Business

 

0

No

 

NEW CHIP INVESTMENTS TWO (PTY) LTD

M1998/017917/07

Deregistration Final

14 Years 2 Months

0

No

 

NEW CHIP

INVESTMENTS THREE (PTY) LTD

M1998/017948/07

Deregistration Final

14 Years 2 Months

0

No

 

RENSTABLE INVESTMENTS (PTY) LTD

M1998/022704/07

Deregistration Final

14 Years 2 Months

0

No

 

UNIVERSAL PRODUCT NETWORKS (PTY)LTD

M1999/024569/07

In Business

13 Years 1 Months

1

No

 

INTHEBAG (PTY)LTD

M2000/000225/07

In Business

 

0

No

 

THYNK PROPERTY FUND (PTY)LTD

M2005/029033/07

In Business

7 Years 7 Months

0

No

 

WOOLTRU INVESTMENTS (PTY) LTD

M1997/010580/07

Dissolved

15 Years 3 Months

0

No

 

MASSCASH HOLDINGS (PTY) LTD

M1997/014716/07

In Business

15 Years 3 Months

0

No

 

BRIAH CAPITAL LTD

M1998/006000/06

Deregistration Final

14 Years 2 Months

0

No

 

THE RETAIL VALUE CHAIN (PTY)LTD

M1998/006851/07

Dissolved

14 Years 2 Months

0

No

 

NEW CHIP

INVESTMENTS FOUR (PTY) LTD

M1998/017828/07

Deregistration Final

14 Years 2 Months

0

No

 

NEW CHIP INVESTMENTS ONE (PTY) LTD

M1998/017916/07

Deregistration Final

14 Years 2 Months

0

No

 

MAKRO S A (PTY)LTD

M1970/016457/07

Deregistration Final

42 Years 6 Months

0

No

 

PICK N PAY RETAILERS (PTY) LTD

M1973/004739/07

In Business

39 Years 3 Months

2

No

 

MASSTORES (PTY)LTD

M1991/006805/07

In Business

21 Years 9 Months

0

No

 

UCS SOLUTIONS (PTY) LTD

M1996/014405/07

In Business

16 Years 4 Months

0

No

 

CAPEYE FOUR (PTY) LTD

M1997/010424/07

In Business

15 Years 3 Months

0

No

 

NEW CHIP INVESTMENTS (PTY) LTD

M1997/010460/07

Deregistration Final

15 Years 3 Months

0

No

 

 

Principal's Deeds Information - No information on record

 


Principal – 2 of 6

 

ABOUBAKARJAKOET

 

Surname

JAKOET

First Name

ABOUBAKAR

Other Names

NONE

Marital Status

Single

ID Number

5604235004086

Verified ID Number

Yes

Current Age

56

Designation

FINANCE DIRECTOR-RETAIL

Status

Active

Appointment Date

2011/04/29

Physical Address (at time of Appointment)

40 ADDISON ROAD, LANSDOWNE, 7764

Postal Address

P O BX 23965, CLAREMONT, 7735

Current Tel Number

0216381345

Cell number

0824103244

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for ABOUBAKAR JAKOET

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

HYPERMARKETS (PTY) LTD

M1966/001323/07

In Business

46 Years 10 Months

0

No

 

PICK N PAY WHOLESALERS (TRANSVAAL) (PTY) LTD

M1966/004356/07

In Business

46 Years 10 Months

0

No

 

PICK-N-PAY WHOLESALERS (PTY) LTD

M1966/004413/07

In Business

46 Years 10 Months

0

No

 

RAYMOND ACKERMAN HOLDINGS LTD

M1967/004466/06

In Business

45 Years 9 Months

0

No

 

PICK N PAY (BELLVILLE) (PTY) LTD

M1968/001720/07

In Business

44 Years 8 Months

0

No

 

PICK N PAY (GABRIEL ROAD) (PTY) LTD

M1968/004638/07

In Business

44 Years 8 Months

0

No

 

PICK N PAY (STEELDALE) (PTY) LTD

M1968/005773/07

In Business

44 Years 8 Months

0

No

 

PICK N PAY STORES LTD

M1968/008034/06

In Business

44 Years 8 Months

0

No

 

PICK N PAY (NEWTON PARK) (PTY) LTD

M1970/009584/07

In Business

42 Years 6 Months

0

No

 

PICK N PAY STEELPARK (PTY) LTD

M1972/011140/07

In Business

40 Years 4 Months

0

No

 

CARREFOUR (PTY) LTD

M1973/004738/07

In Business

39 Years 3 Months

0

No

 

BEDWORTH SENTRUM (PTY)LTD

M1973/006724/07

In Business

39 Years 3 Months

0

No

 

PICK N PAY (MITCHELLS PLAIN) LTD

M1980/008525/06

In Business

32 Years 8 Months

0

No

 

ALSTAR (PTY)LTD

M1981/003443/07

In Business

31 Years 7 Months

0

No

 

PICK N PAY HOLDINGS LTD

M1981/009610/06

In Business

31 Years 7 Months

0

No

 

PICK N PAY (VANDERBIJLPARK) (PTY) LTD

M1982/007189/07

In Business

30 Years 6 Months

0

No

 

PICK N PAY (OTTERY) (PTY) LTD

M1984/009384/07

In Business

28 Years 4 Months

0

No

 

PICK N PAY (BOPHUTHATSWAN A) (PTY)LTD

M1987/070297/07

In Business

25 Years 1 Months

0

No

 

BOXER

SUPERSTORES (PTY) LTD

M1988/002548/07

In Business

0

1

No

 

PICK N PAY GARAGES (PTY)LTD

M1989/006044/07

In Business

23 Years 11 Months

0

No

 

BOXER HOLDINGS (PTY) LTD

M1990/005520/07

In Business

22 Years 10 Months

0

No

 

SPORTS SCIENCE INSTITUTE OF SOUTH AFRICA

M1994/000250/08

In Business

18 Years 6 Months

0

No

 

SPORTS SCIENCE SHARE BLOCK (PTY) LTD

M1994/005592/07

In Business

18 Years 6 Months

0

No

 

BEEKAY 219 INVESTMENTS (PTY) LTD

M1998/017721/07

In Business

14 Years 2 Months

0

No

 

PICK N PAY PHARMACEUTICAL WHOLESALERS (PTY) LTD

M2001/020502/07

In Business

11 Years 11 Months

0

No

 

 

Principal previous business interests

Average age of previous business                                                25 years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PICK N PAY RETAILERS (PTY) LTD

M1973/004739/07

In Business

39 Years 3 Months

2

No

 

KENSINGTON GREEN BELT PROPERTY OWNERS ASSOCIATION

M2001/024698/08

In Business

11 Years 11 Months

0

No

 

 

 

Principal's Deeds Information - No information on record

 

Principal - 3of 6 DEBRA MULLER

Surname

MULLER

First Name

DEBRA

Other Names

NONE

Marital Status

Married

ID Number

6108140183083

Verified ID Number

Yes

Current Age

51

Designation

COMPANY SECRETARY

Status

Active

Appointment Date

2010/06/18

Physical Address (at time of Appointment)

GREYSTONE, 43 KLAASSENS ROAD, CONSTANTIA, 7806

Postal Address

PICK "N PAY, P O BOX 23087, CLAREMONT, 7735

Current Tel Number

0216581000

Cell number

0828059538

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record


Business Information for DEBRA MULLER

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PICK N PAYNET (PTY) LTD

M1944/017872/07

In Business

68 Years 8 Months

0

No

 

PICK "N PAY FRANCHISE FINANCING (PTY) LTD

M1965/002239/07

In Business

47 Years 11 Months

0

No

 

HYPERMARKETS (PTY) LTD

M1966/001323/07

In Business

46 Years 10 Months

0

No

 

PICK N PAY WHOLESALERS (TRANSVAAL) (PTY) LTD

M1966/004356/07

In Business

46 Years 10 Months

0

No

 

PICK-N-PAY WHOLESALERS (PTY) LTD

M1966/004413/07

In Business

46 Years 10 Months

0

No

 

RAYMOND ACKERMAN HOLDINGS LTD

M1967/004466/06

In Business

45 Years 9 Months

0

No

 

PICK N PAY (BELLVILLE) (PTY) LTD

M1968/001720/07

In Business

44 Years 8 Months

0

No

 

PICK N PAY (GABRIEL ROAD) (PTY) LTD

M1968/004638/07

In Business

44 Years 8 Months

0

No

 

PICK N PAY (STEELDALE) (PTY) LTD

M1968/005773/07

In Business

44 Years 8 Months

0

No

 

PICK N PAY STORES LTD

M1968/008034/06

In Business

44 Years 8 Months

0

No

 

THE BLUE RIBBON MEAT

CORPORATION (PTY) LTD

M1969/001366/07

In Business

43 Years 7 Months

0

No

 

PICK N PAY (NEWTON PARK) (PTY) LTD

M1970/009584/07

In Business

42 Years 6 Months

0

No

 

PICK N PAY STEELPARK (PTY) LTD

M1972/011140/07

In Business

40 Years 4 Months

0

No

 

CARREFOUR (PTY) LTD

M1973/004738/07

In Business

39 Years 3 Months

0

No

 

BEDWORTH SENTRUM (PTY)LTD

M1973/006724/07

In Business

39 Years 3 Months

0

No

 

PICK N PAY (MITCHELLS PLAIN) LTD

M1980/008525/06

In Business

32 Years 8 Months

0

No

 

ALSTAR (PTY)LTD

M1981/003443/07

In Business

31 Years 7 Months

0

No

 

PICK N PAY HOLDINGS LTD

M1981/009610/06

In Business

31 Years 7 Months

0

No

 

PICK N PAY (VANDERBIJLPARK) (PTY) LTD

M1982/007189/07

In Business

30 Years 6 Months

0

No

 

PICK N PAY (OTTERY) (PTY) LTD

M1984/009384/07

In Business

28 Years 4 Months

0

No

 

PICK N PAY (BOPHUTHATSWAN A) (PTY)LTD

M1987/070297/07

In Business

25 Years 1 Months

0

No

 

PICK N PAY GARAGES (PTY)LTD

M1989/006044/07

In Business

23 Years 11 Months

0

No

 

PICK N PAY PHARMACEUTICAL WHOLESALERS (PTY) LTD

M2001/020502/07

In Business

11 Years 11 Months

0

No

 

 

Principal previous business interests

 

Average age of previous business                                                39 years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PICK N PAY RETAILERS (PTY) LTD

M1973/004739/07

In Business

39 Years 3 Months

2

No

 

 

 

Principal's Deeds Information - No information on record

 

 

Principal - 4of 6 NICHOLAS BADMINTON

Surname

BADMINTON

First Name

NICHOLAS

Other Names

NONE

Marital Status

Married

ID Number

6108215116083

Verified ID Number

Yes

Current Age

51

Designation

MANAGING DIRECTOR-RETAIL

Status

Active

Appointment Date

2010/03/01

Physical Address (at time of Appointment)

13 WELEGEN ROAD, HIGH CONSTANTIA, 7806

Postal Address

PICK N PAY BOX 23087, CLAREMONT, 7735

Current Tel Number

0217940442

Cell number

0825631102

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for NICHOLAS BADMINTON

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PICK "N PAY FRANCHISE FINANCING (PTY) LTD

M1965/002239/07

In Business

47 Years 11 Months

0

No

 

HYPERMARKETS (PTY) LTD

M1966/001323/07

In Business

46 Years 10 Months

0

No

 

PICK N PAY WHOLESALERS (TRANSVAAL) (PTY) LTD

M1966/004356/07

In Business

46 Years 10 Months

0

No

 

PICK-N-PAY WHOLESALERS (PTY) LTD

M1966/004413/07

In Business

46 Years 10 Months

0

No

 

RAYMOND ACKERMAN HOLDINGS LTD

M1967/004466/06

In Business

45 Years 9 Months

0

No

 

PICK N PAY (BELLVILLE) (PTY) LTD

M1968/001720/07

In Business

44 Years 8 Months

0

No

 

PICK N PAY (GABRIEL ROAD) (PTY) LTD

M1968/004638/07

In Business

44 Years 8 Months

0

No

 

PICK N PAY (STEELDALE) (PTY) LTD

M1968/005773/07

In Business

44 Years 8 Months

0

No

 

PICK N PAY STORES LTD

M1968/008034/06

In Business

44 Years 8 Months

0

No

 

SCORE

SUPERMARKETS (1968) (PTY)LTD

M1968/010043/07

In Business

44 Years 8 Months

0

No

 

PICK N PAY (NEWTON PARK) (PTY) LTD

M1970/009584/07

In Business

42 Years 6 Months

0

No

 

PICK N PAY STEELPARK (PTY) LTD

M1972/011140/07

In Business

40 Years 4 Months

0

No

 

CARREFOUR (PTY) LTD

M1973/004738/07

In Business

39 Years 3 Months

0

No

 

BEDWORTH SENTRUM (PTY)LTD

M1973/006724/07

In Business

39 Years 3 Months

0

No

 

JAZZ

SUPERMARKETS (PTY) LTD

M1976/000496/07

In Business

0

0

No

 

ALSTAR (PTY)LTD

M1981/003443/07

In Business

31 Years 7 Months

0

No

 

CONSUMER GOODS COUNCIL OF SOUTH AFRICA

M1982/006710/08

In Business

30 Years 6 Months

0

No

 

PICK N PAY (VANDERBIJLPARK) (PTY) LTD

M1982/007189/07

In Business

30 Years 6 Months

0

No

 

PICK N PAY (OTTERY) (PTY) LTD

M1984/009384/07

In Business

28 Years 4 Months

0

No

 

SCORE

SUPERMARKETS (TRADING) (PTY) LTD

M1987/002265/07

In Business

25 Years 1 Months

0

No

 

PICK N PAY (BOPHUTHATSWAN A) (PTY)LTD

M1987/070297/07

In Business

25 Years 1 Months

0

No

 

BOXER

SUPERSTORES (PTY) LTD

M1988/002548/07

In Business

0

1

No

 

BOXER HOLDINGS (PTY) LTD

M1990/005520/07

In Business

22 Years 10 Months

0

No

 

SCORE

SUPERMARKETS OPERATING LTD

M1992/006663/06

In Business

20 Years 8 Months

0

No

 

PICK N PAY PHARMACEUTICAL WHOLESALERS (PTY) LTD

M2001/020502/07

In Business

11 Years 11 Months

0

No

 

 


Principal previous business interests

 

Average age of previous business                                                30 years

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

THE BLUE RIBBON MEAT CORPORATION (PTY) LTD

M1969/001366/07

In Business

43 Years 7 Months

0

No

 

PICK N PAY RETAILERS (PTY) LTD

M1973/004739/07

In Business

39 Years 3 Months

2

No

 

PICK N PAY (MITCHELLS PLAIN) LTD

M1980/008525/06

In Business

32 Years 8 Months

0

No

 

PICK N PAY GARAGES (PTY) LTD

M1989/006044/07

In Business

23 Years 11 Months

0

No

 

ERF 593 STANFORD (PTY) LTD

M1998/006390/07

Deregistration Final

14 Years 2 Months

0

No

 

 

Principal's Adverse - No information on record

 

Principal - 5of 6 GARETH ACKERMAN

Surname

ACKERMAN

First Name

GARETH

Other Names

NONE

Marital Status

Married

ID Number

5709175053082

Verified ID Number

Yes

Current Age

55

Designation

NON-EXECUTIVE CHAIRMAN

Status

Active

Appointment Date

2010/03/01

Physical Address (at time of Appointment)

VELD EN BOSCH, NORTON DINGLE DRIVE, CONSTANTIA, 7705

Postal Address

P O BOX 23087, CLAREMONT, WESTERN CAPE, 7735

Current Tel Number

0217944149

Cell number

0829239336

Shareholding/Membership

0.0000

 

 


Principal's Adverse - No information on record

 

Business Information for GARETH ACKERMAN

 

Principal Current Business Interests

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PICK N PAY WHOLESALERS (TRANSVAAL) (PTY) LTD

M1966/004356/07

In Business

46 Years 10 Months

0

No

 

PICK-N-PAY WHOLESALERS (PTY) LTD

M1966/004413/07

In Business

46 Years 10 Months

0

No

 

RAYMOND ACKERMAN HOLDINGS LTD

M1967/004466/06

In Business

45 Years 9 Months

0

No

 

PICK N PAY (BELLVILLE) (PTY) LTD

M1968/001720/07

In Business

44 Years 8 Months

0

No

 

PICK N PAY (GABRIEL ROAD) (PTY) LTD

M1968/004638/07

In Business

44 Years 8 Months

0

No

 

PICK N PAY (STEELDALE) (PTY) LTD

M1968/005773/07

In Business

44 Years 8 Months

0

No

 

PICK N PAY STORES LTD

M1968/008034/06

In Business

44 Years 8 Months

0

No

 

PICK N PAY (NEWTON PARK) (PTY) LTD

M1970/009584/07

In Business

42 Years 6 Months

0

No

 

PICK N PAY STEELPARK (PTY) LTD

M1972/011140/07

In Business

40 Years 4 Months

0

No

 

CARREFOUR (PTY) LTD

M1973/004738/07

In Business

39 Years 3 Months

0

No

 

BEDWORTH SENTRUM (PTY)LTD

M1973/006724/07

In Business

39 Years 3 Months

0

No

 

PICK N PAY (MITCHELLS PLAIN) LTD

M1980/008525/06

In Business

32 Years 8 Months

0

No

 

ALSTAR (PTY)LTD

M1981/003443/07

In Business

31 Years 7 Months

0

No

 

PICK N PAY HOLDINGS LTD

M1981/009610/06

In Business

31 Years 7 Months

0

No

 

PICK N PAY (VANDERBIJLPARK) (PTY) LTD

M1982/007189/07

In Business

30 Years 6 Months

0

No

 

PICK N PAY (OTTERY) (PTY) LTD

M1984/009384/07

In Business

28 Years 4 Months

0

No

 

PICK N PAY (BOPHUTHATSWAN A) (PTY)LTD

M1987/070297/07

In Business

25 Years 1 Months

0

No

 

BOXER

SUPERSTORES (PTY) LTD

M1988/002548/07

In Business

0

1

No

 

PICK N PAY GARAGES (PTY)LTD

M1989/006044/07

In Business

23 Years 11 Months

0

No

 

BOXER HOLDINGS (PTY) LTD

M1990/005520/07

In Business

22 Years 10 Months

0

No

 

BUY AFRIKA TRADING

M1997/016414/08

In Business

15 Years 3 Months

0

No

 

PLEIAD CAPITAL (PTY) LTD

M1999/018413/07

In Business

13 Years 1 Months

0

No

 

SOLEPROPS 72 (PTY) LTD

M1999/025122/07

In Business

13 Years 1 Months

0

No

 

ACKERMAN HOLDINGS (PTY) LTD

M2001/016381/07

In Business

11 Years 11 Months

0

No

 

PICK N PAY PHARMACEUTICAL WHOLESALERS (PTY) LTD

M2001/020502/07

In Business

11 Years 11 Months

0

No

 

 

Principal previous business interests

 

Average age of previous business                                           20 years

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PICK "N PAY FRANCHISE FINANCING (PTY) LTD

M1965/002239/07

In Business

47 Years 11 Months

0

No

 

RAYMOND ACKERMAN (PTY) LTD

M1967/000388/07

Deregistration Final

45 Years 9 Months

0

No

 

PICK N PAY RETAILERS (PTY) LTD

M1973/004739/07

In Business

39 Years 3 Months

2

No

 

NORTH RIDING INVESTMENTS (PTY) LTD

M1983/003636/07

Deregistration Final

29 Years 5 Months

0

No

 

SCORE SUPERMARKETS (TRADING) (PTY)LTD

M1987/002265/07

In Business

25 Years 1 Months

0

No

 

SCORE SUPERMARKETS OPERATING LTD

M1992/006663/06

In Business

20 Years 8 Months

0

No

 

ANTHURI EQUITY MANAGERS (PTY)LTD

M1999/024235/07

Deregistration Final

13 Years 1 Months

0

No

 

BLOOD SWEAT TEARS AND JOY OUTSOURCING (PTY) LTD

M1999/028018/07

Deregistration Final

13 Years 1 Months

0

No

 

FEDICS STRATEGIC INVESTMENTS (PTY) LTD

M1999/028127/07

Voluntary Liquidation

13 Years 1 Months

0

Yes

 

THE REAL JUICE CO HOLDINGS (PTY)LTD

M2001/001413/07

In Business

11 Years 11 Months

0

No

 

KENSTEAD INVESTMENT HOLDINGS LTD

M2002/017687/06

Deregistration Final

10 Years 10 Months

0

No

 

METCASH SEVEN ELEVEN (PTY)LTD

M1996/009520/07

In Business

16 Years 4 Months

4

No

 

ACKERMAN FAMILY HOLDINGS (PTY)LTD

M1996/015373/07

Deregistration Final

16 Years 4 Months

0

No

 

THE REAL JUICE CO (PTY) LTD

M1997/010013/07

Deregistration Final

15 Years 3 Months

0

No

 

THE REAL JUICE FRANCHISING COMPANY (PTY)LTD

M1998/006933/07

In Business

14 Years 2 Months

0

No

 

THE REAL BEVERAGE COMPANY (PTY)LTD

M1999/011555/07

In Business

13 Years 1 Months

0

No

 

MEADOWBUCK INVESTMENTS (PTY) LTD

M1999/018461/07

Deregistration Final

13 Years 1 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

 

Principal - 6of 6 JONATHAN ACKERMAN

Surname

ACKERMAN

First Name

JONATHAN

Other Names

NONE

Marital Status

Married

ID Number

6612055121087

Verified ID Number

Yes

Current Age

46

Designation

MARKETING,ADVERTISING AND ENVIRONMENT DIRECTOR

Status

Active

Appointment Date

2010/03/01

Physical Address (at time of Appointment)

"WILDROOTS", KLEIN CONSTANTIA ROAD, CONSTANTIA, 7800

Postal Address

PO BOX 23087, CLAREMONT, 7735

Current Tel Number

0216581135

Cell number

0824488988

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

 

Business Information for JONATHAN ACKERMAN

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PICK N PAY STORES LTD

M1968/008034/06

In Business

44 Years 8 Months

0

No

 

ACKERMAN HOLDINGS (PTY) LTD

M2001/016381/07

In Business

11 Years 11 Months

0

No

 

 


Principal Previous Business Interests

 

Average age of business                     22 years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PICK N PAY RETAILERS (PTY) LTD

M1973/004739/07

In Business

39 Years 3 Months

2

No

 

PICK N PAY HOLDINGS LTD

M1981/009610/06

In Business

31 Years 7 Months

0

No

 

ACKERMAN FAMILY HOLDINGS (PTY)LTD

M1996/015373/07

Deregistration Final

16 Years 4 Months

0

No

 

GILLION PROPERTY INVESTMENTS (PTY) LTD

M1997/020037/07

In Business

15 Years 3 Months

0

No

 

COOL IDEAS 236 (PTY) LTD

M2003/013388/07

Deregistration Final

9 Years 9 Months

0

No

 

 

 

Principal's Deeds Information - No information on record


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.12

UK Pound

1

Rs.87.08

Euro

1

Rs.70.15

 

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.