MIRA
INFORM REPORT
|
Report Date : |
22.11.2012 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
38 Umbilo Road, UMBILO, DURBAN, 4001 |
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Country : |
South Africa |
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Date of Incorporation : |
05.07.1965 |
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Com. Reg. No.: |
M1965/005715/07 |
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Legal Form : |
Private Limited |
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Line of Business : |
Wholesale trade in textiles, clothing and
footwear |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
South Africa |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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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 |
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.
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Source : CIA |
Company name
|
Subject Name |
BARTLETT AND DUNSTER (PTY)LTD |
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Country |
South Africa |
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Enquiry Terms |
COD |
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Account Review |
Every 6 Months |
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Subject Contact Person |
COLIN PUTERAAAN - Director |
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Assessment |
This is an established business. On investigation
we made contact with the subject and we were referred to the Director MR.
COLIN PUTERMAN who declined to assist with any information for the subject.
MR PUTERMAN requested to know the name of the principal equirer before he may
reveal any information. Please see the available information for the subject
below. |
Company
information
|
Registered Name |
BARTLETT AND DUNSTER (PTY)LTD |
|
Trading as/ Division Name |
BARTLETT AND DUNSTER |
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Previous Name |
|
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Date of Name Change |
|
|
Registration Number |
M1965/005715/07 |
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Registration Date |
1965/07/05 |
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Date Commenced Trading |
1965-07-05 |
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Age of Business |
47 Years 4 Months |
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History of Business |
The business started as a new business in 1965 |
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History of Principals |
There are 5 active directors within the company. |
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Shareholders/Members/Partners of subject and %
holding |
|
|
Authorised Share Capital |
R0.00 |
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Issued Share Capital/Members Contribution |
R0.00 |
|
Status |
In Business |
|
Operations Assessment |
Wholesale of fabrics |
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Industry/ Customers |
Clothing companies |
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Export |
Yes |
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Export Countries |
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Import |
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Import Countries |
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Major Industry Code / SICC |
61310 |
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Definition of Code |
Wholesale trade in textiles, clothing and
footwear |
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Head Office Physical Address |
38 Umbilo Road, UMBILO, DURBAN, 4001 |
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Head Office Postal Address |
P O BOX 1858, DURBAN, 4000 |
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Current Tel Number |
0313054944 |
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Cell Number |
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Current Fax Number |
0313063935 |
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Current Email Address |
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Web Site Address |
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Comments |
|
Auditor’s information
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Company Registered Name |
PKF DURBAN |
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Trading Name |
PKF |
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Registration Number |
M2000/016512/21 |
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Physical Address |
2nd Floor, 12 On Palm Boulevard, Gateway, DURBAN,
4000 |
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Postal Address |
P 0 BOX 1858, DURBAN, 4000 |
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Contact Person |
|
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Contact Number |
0315735000 |
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Email |
|
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Principals |
10 |
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Judgements Against Subject |
|
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Judgements Against Principals |
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Subject Verified as Client |
Yes |
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Practice Number |
906352E |
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VAT Number |
4100191016 |
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Tax Number |
9680033140 |
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BEE Status |
Level 4 |
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Financial Year End |
February |
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No of years in Business |
|
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Website |
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Comment |
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Previous Auditors
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Company Name |
Phone Number |
Time with previous auditors |
Comment |
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MOORES ROWOLAND |
|
17 |
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MOZARS MOORES ROWLAND |
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5 |
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Tax information
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Vat Number |
4290113754 |
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Status |
ACTIVE |
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Vat Liable Date |
1991/09/30 |
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Tax Number |
9017051203 |
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Tax Clearance Expire Date |
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Financial Year End |
February |
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Comment |
|
Black
economic empowerment information – no information on record
ISo
information - no information on record
Workman's compensation
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Registered |
Yes |
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Compliance Certified |
Yes |
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Comment |
|
company structure
Subsidiaries
Information - No
Information On Record
Employees
Information - No Information On Record
Company
Fleet Information - No
Information On Record
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Offices Information |
- No Information on Record |
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||
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Branch Information |
- No Information on Record |
Management Overview
Organisational Chart - No Information on Record
Company Structure Information - No Information on Record
Note:
One level up and all levels down
Key Deals -
No Information on Record
Trade References Information - No Information on Record
Adverse Information on Subject
Judgements -
No information on record
BusinessRescue -
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 -
No Information On Record
Deeds Information -
No Information On Record
Principals
|
Number of Principals |
5 |
|
Average Age of Active Principals |
41 |
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Active Principals Principal - 1of 5 ALLAN S PUTERMAN |
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Surname |
PUTERMAN |
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First Name |
ALLAN S |
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Other Names |
None |
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Marital Status |
Married |
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ID Number |
6210135032083 |
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Verified ID Number |
Yes |
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Current Age |
50 |
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Designation |
MEDICAL PRACTITIONER |
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Status |
Active |
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Appointment Date |
1995/03/16 |
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Physical Address (at time of Appointment) |
39 LONG STREET, CONSTANTIA, 7800 |
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Postal Address |
SYRINGA HOUSE, KINGSBURY HOSPITAL, CLAREMONT,
7708 |
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Current Tel Number |
0216834454 |
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Cell number |
0836583060 |
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Shareholding/Membership |
0.0000 |
Business
Information forALLAN S PUTERMAN
Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
DR ALLAN S PUTERMAN |
6210135032083 |
|
Unknown |
0 |
No |
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|
CAPE ALLERGY AND ASTHMA CLINIC CC |
B1996/009784/23 |
In Business |
16 Years 4 Months |
0 |
No |
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BARTLETT AND DUNSTER (PTY)LTD |
M1965/005715/07 |
In Business |
47 Years 11 Months |
0 |
No |
|
|
PAEDIATRICIAN MANAGEMENT GROUP LTD |
M1997/003057/06 |
In Business |
15 Years 3 Months |
0 |
No |
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MELIC CONSTRUCTION (PTY) LTD |
M1999/010267/07 |
In Business |
13 Years 1 Months |
0 |
No |
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STYLEPROPS 22 (PTY) LTD |
M2000/007184/07 |
In Business |
0 |
0 |
No |
|
Principal
deeds information – no information on record
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
VANBELL CC |
B1987/019928/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
|
PUTERMAN PROPERTIES CC |
B1987/021843/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
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MASHAM PROPERTIES CC |
B1995/047557/23 |
Deregistration Final |
17 Years 5 Months |
0 |
No |
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KRV TRADING CC |
B2007/102962/23 |
In Business |
5 Years 5 Months |
0 |
No |
|
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BUXTON WELL BABY AND VACCINE CLINIC CC |
B2007/245743/23 |
Deregistration Final |
5 Years 5 Months |
0 |
No |
|
Principal
- 2of 5 COLIN PUTERMAN
|
Surname |
PUTERMAN |
|
First Name |
COLIN |
|
Other Names |
None |
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Marital Status |
Married |
|
ID Number |
6701085041009 |
|
Verified ID Number |
Yes |
|
Current Age |
45 |
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Designation |
MANAGER |
|
Status |
Active |
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Appointment Date |
1988/01/21 |
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Physical Address (at time of Appointment) |
293 CHELMSFORD ROAD, DURBAN, 4001 |
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Postal Address |
P 0 BOX 1924, DURBAN, 4000 |
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Current Tel Number |
0313054944 |
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Cell number |
0824533685 |
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Shareholding/Membership |
0.0000 |
Business
Information forCOLIN PUTERMAN Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BARTLETT AND DUNSTER (PTY)LTD |
M1965/005715/07 |
In Business |
47 Years 11 Months |
0 |
No |
|
Principal
Previous Business Interests
LTD%20-%20200360%2022-Nov-2012_files/image002.gif)
Principal
deeds information – no information on record
|
Principal - 3of 5 MARCIA PUTERMAN |
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|
Surname |
PUTERMAN |
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First Name |
MARCIA |
|
Other Names |
None |
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Marital Status |
Married |
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ID Number |
3309250036003 |
|
Verified ID Number |
Yes |
|
Current Age |
79 |
|
Designation |
HOUSEWIFE |
|
Status |
Active |
|
Appointment Date |
1987/08/09 |
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Physical Address (at time of Appointment) |
293 CHELMSFORD ROAD, DURBAN, 4001 |
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Postal Address |
P 0 BOX 1924, DURBAN, 4000 |
|
Current Tel Number |
011 613 3851 |
|
Cell number |
|
|
Shareholding/Membership |
0.0000 |
Business
Information forMARCIA PUTERMAN
Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BARTLETT AND DUNSTER (PTY)LTD |
M1965/005715/07 |
In Business |
47 Years 11 Months |
0 |
No |
|
Principal
Previous Business Interests
LTD%20-%20200360%2022-Nov-2012_files/image003.gif)
|
Principal - 4of 5 IVAN PUTERMAN |
|
|
Surname |
PUTERMAN |
|
First Name |
IVAN |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
6403205055007 |
|
Verified ID Number |
Yes |
|
Current Age |
48 |
|
Designation |
MANAGER |
|
Status |
Active |
|
Appointment Date |
1987/08/03 |
|
Physical Address (at time of Appointment) |
293 CHELMSFORD ROAD, DURBAN, 4001 |
|
Postal Address |
P 0 BOX 1924, DURBAN, 4000 |
|
Current Tel Number |
0313066155 |
|
Cell number |
0833818427 |
|
Shareholding/Membership |
0.0000 |
Business
Information forlVAN PUTERMAN Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BARTLETT AND DUNSTER (PTY)LTD |
M1965/005715/07 |
In Business |
47 Years 11 Months |
0 |
No |
|
|
TRENTON PROPERTY INVESTMENTS (PTY) LTD |
M1999/023906/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
Principal
Previous Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
VANBELL CC |
B1987/019928/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
|
PUTERMAN PROPERTIES CC |
B1987/021843/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
Principal's
Deeds Information - No information on record
|
Principal - 5of 5 JACOB PUTERMAN |
|
|
Surname |
PUTERMAN |
|
First Name |
JACOB |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
2911295060004 |
|
Verified ID Number |
Yes |
|
Current Age |
83 |
|
Designation |
UPHOLSTERER |
|
Status |
Active |
|
Appointment Date |
1965/08/11 |
|
Physical Address (at time of Appointment) |
293 CHELMSFORD ROAD, DURBAN, 4001 |
|
Postal Address |
P 0 BOX 1924, DURBAN, 4000 |
|
Current Tel Number |
0313054744 |
|
Cell number |
0824533685 |
|
Shareholding/Membership |
0.0000 |
Business
Information forJACOB PUTERMAN
Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BARTLETT AND DUNSTER (PTY)LTD |
M1965/005715/07 |
In Business |
47 Years 11 Months |
0 |
No |
|
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
VANBELL CC |
B1987/019928/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
|
PUTERMAN PROPERTIES CC |
B1987/021843/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
|
MASHAM PROPERTIES CC |
B1995/047557/23 |
Deregistration Final |
17 Years 5 Months |
0 |
No |
|
Principal's
Deeds Information - No information on record
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.20 |
|
|
1 |
Rs.87.79 |
|
Euro |
1 |
Rs.70.42 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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.