MIRA INFORM REPORT

 

 

Report Date :

03.11.2012

 

IDENTIFICATION DETAILS

 

Name :

SUPRATOV INVESTMENTS CC

 

 

Registered Office :

7 Cart Wright Street, Stormilo, Roodeport, 1709

 

 

Country :

South Africa

 

 

Date of Incorporation :

26.10.1999

 

 

Com. Reg. No.:

B1999/060306/23

 

 

Legal Form :

Closed Corporation

 

 

Line of Business :

Film and tape renting to other industries, booking, delivery and storage

 

 

No. of Employees :

Not Available 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

Limited with full security

 

Status :

Moderate

Payment Behaviour :

Unknown

Litigation :

Clear

 

NOTES:

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – 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 Unemployment remains high and outdated infrastructure has constrained growth.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

SUPRATOV INVESTMENTS CC

Country

South Africa

Subject Contact Person

SHELLEY KONFORTY - 0114744823

Assessment

On investigation contact was made with SHELLEY KONFORTY the member of the subject, who was reluctant to assist with any information.

 

Basic details were confirmed however SHELLEY KONFORTY then declined to assist further unless the name of the principal enquier and reason for the enquiry was known.

 

The Address provided : Unit 4 Midwest Parkleda Avenue Robertville Gauteng, was the subject's previous address. Please advise if you may provide additional information so we may proceed with further investigations. Please see the available information below.

 

 

Company information

 

Registered Name

SUPRATOV INVESTMENTS CC

Trading as/ Division Name

None

Previous Name

None

Registration Number

B1999/060306/23

Registration Date

1999/10/26

Age of Business

13 Years

History of Business

None

History of Principals

None

Shareholders/Members/Partners of subject and % holding

100 % - SHELLEY KONFORTY

Authorised Share Capital

R1000.00

Issued Share Capital/Members Contribution

R 100.00

Status

In Business

Operations Assessment

Importing Films

Industry/ Customers

Public

Export

None

Import

Yes

Import Countries

India

Major Industry Code / SICC

96112

Definition of Code

Film and tape renting to other industries, booking, delivery and storage

Head Office Physical Address

7 Cart Wright Street, Stormilo, ROODEPORT, 1709

Head Office Postal Address

P O BOX 3629, FLORIDA, 1709

Current Tel Number

0114744823

Cell Number

Unavailable

Current Fax Number

UNAVAILABLE

Current Email Address

shelleyk@telkom.net

Web Site Address

None

Comments

The Address provided : Unit 4 Midwest Parkleda Avenue Robertville Gauteng, is the subject's previous address.

 

 

Auditor information

 

Company Registered Name

JACK LEON LURIE

Postal Address

P O BOX 782718, SANDTON, 2146

Practice Number

58463

No of years in Business

Unknown

 

Previous Auditors

Company Name

Phone Number

Time with previous auditors

Comment

E M DACEY

 

Unknown

 

 

 

Tax information

 

Vat Number

4640190650

Status

ACTIVE

Vat Liable Date

2000/09/01

Tax Number

9591003836

Financial Year End

February

Black Economic Empowerment

Status

No

ISO Status

Type of ISO Grade

None

Workman's compensation

Registered

Yes

Compliance Certified

Yes

 

Company Structure

 

Subsidiaries Information - No Information on Record

 

Employees Information - No Information on Record

 

Company Fleet Information - No Information on Record

 

Offices Information - No Information on Record

Branch Information - No Information on Record

 

Management Overview

 

Organisation Chart

Level

Position

Name

Comment

 

1

Member

SHELLEY KONFORTY

 

 

Company Structure (Ownership)

Note: One level up and all levels down

 

Holding

Company

Sub

Comment

100% SHELLEY KONFORTY

SUPRATOV INVESTMENT CC

 

 

 

Key Deals - No Information on Record

 

Trade References Information - No Information on Record

 

 

Adverse Information on Subject

 

Judgements - No information on record

 

Business Rescue - No Information on Record

 

Default Listing - No information on record

 

Notarial Bonds - No information on record

 

Bank Information - No Information on Record

 

Bank Code History - No Information on Record

Previous Bank Account Information - No Information on Record

 


Deeds Information

 

Property Interests for CompanySUPRATOV INVESTMENTS CC

 

Title Deed No.

T27193/2012

Erf/Site No.

 

Deeds Office

JOHANNESBURG

Physical Address

STORMILL RANDBURG

Property Type

Freehold / Ervin

Extent / Size

1155.0SQM

Purchase Date

2012/01/31

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

 

Title Deed No.

ST66362/2000

Erf/Site No.

 

Deeds Office

JOHANNESBURG

Physical Address

186 MANCHESTER WADEVILLE GERMISTON

Property Type

Sectional Title / Unit

Extent / Size

95.0SQM

Purchase Date

1999/08/11

Purchase price

 

% Ownership

0.00

Bond Holder

B O E BANK LTD

Bond Number

SB511622000

Bond Amount

 

 

Title Deed No.

ST66362/2000

Erf/Site No.

 

Deeds Office

JOHANNESBURG

Physical Address

186 MANCHESTER WADEVILLE GERMISTON

Property Type

Sectional Title / Unit

Extent / Size

89.0SQM

Purchase Date

1999/08/11

Purchase price

 

% Ownership

0.00

Bond Holder

B O E BANK LTD

Bond Number

SB511622000

Bond Amount

 

 

 

Principals

 

Number of Principals

1

Average Age of Active Principals

66

Active Principals Principal - 1of 1 SHELLEY KONFORTY

Surname

KONFORTY

First Name

SHELLEY

Other Names

None

Marital Status

Married

ID Number

4607240154088

Verified ID Number

Yes

Current Age

66

Designation

Member

Status

Active

Appointment Date

2005/12/08

Physical Address (at time of Appointment)

27 JONKERSHOEK STREET, NORTHCLIFF EXT 19, 1709

Postal Address

P 0 BOX 14948, WADEVILLE, 1422

Current Tel Number

0114744823

Cell number

Unavailable

Shareholding/Membership

100.0000

 

Principal's Adverse - No information on record

 

Business Information for SHELLEY KONFORTY

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SUPRATOV INVESTMENTS CC

B1999/060306/23

In Business

13 Years 1 Months

0

No

 

STONY RIVER PROPERTIES 227 CC

B2006/198416/23

In Business

6 Years 6 Months

0

No

 

 

Principal's Previous Business Interests - No information on record

 

Principal's Deeds Information - No information on record


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.53.79

UK Pound

1

Rs.86.77

Euro

1

Rs.69.71

 

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.