|
Report Date : |
08.09.2012 |
IDENTIFICATION DETAILS
|
Name : |
FISH ON LINE (PTY)LTD |
|
|
|
|
Registered Office : |
7 Signal Cresent, Cape Town 7441 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
17.06.2005 |
|
|
|
|
Com. Reg. No.: |
M2005/021351/07 |
|
|
|
|
Legal Form : |
Private Limited |
|
|
|
|
Line of Business : |
Restaurants and Retailers |
|
|
|
|
No. of Employees : |
31 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
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 – 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 |
|
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 Unemployment remains high and outdated infrastructure has constrained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 |
FISH
ON LINE (PTY)LTD |
|
Country |
SOUTH
AFRICA |
|
Subject Contact person |
MR N
DEOLIVERIA-021 5510452 |
|
Assessment |
Total
Credit Limit Exposure: R4 000 000 The
subject is meeting commitments with suppliers within terms. A
bank code revealed that the subject would be considered as equal to
R1 500 000 over 30 days. Financial
details were declined. Please
bear in mind that most directors are resident overseas. |
|
Registered Name |
FISH ON LINE (PTY)LTD |
|
Trading as/ Division Name |
None |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
M2005/021351/07 |
|
Registration Date |
2005/06/17 |
|
Date Commenced Trading |
2005/06/17 |
|
Age of Business |
6 Years 9 Months |
|
History of Business |
The company was established in 1999. |
|
History of Principals |
The combined experience of its shareholders exceeds 65 years. |
|
Shareholders and %
holding |
51 % LONRHO HOLDINGS (PTY) LTD 17% DEAN STASSY 16% ROELOF BRINK 16% JACOBUS MALAN |
|
Authorised
Share Capital |
R 1000 |
|
Issued Share Capital |
R 100 |
|
Status |
In Business |
|
Operations Assessment |
|
|
Industry/ Customers |
Restaurants and Retailers |
|
Export |
South America, Africa, Europe and the Middle and Far East. |
|
Major Industry Code / SICC |
1310 |
|
Definition of Code |
Ocean and coastal fishing |
|
Head Office Physical Address |
7 Signal Cresent CAPE TOWN 7441 |
|
Head Office Postal Address |
PO Box 5190 CAPE TOWN 7850 |
|
Current Tel Number |
021 5510452 |
|
Cell number |
Unavailable |
|
Current Fax Number |
021 5514316 |
|
Current Email Address |
info@fishline.co.za |
|
Web Site Address |
www.fishonline.co.za |
|
Company Registered Name |
KPMG INC |
|
Trading Name |
None |
|
Registration Number |
1999/021543/21 |
|
Physical Address |
1 Medeterrian Road CAPE TOWN 7441 |
|
Postal Address |
PO Box 11265 HATFIELD 0028 |
|
Contact Person |
021 4087477 |
|
Contact Number |
AMITIAJ DASS |
|
Email |
|
|
Principals |
Unavailable |
|
Judgements
Against Subject |
None |
|
Judgements
Against Principals |
None |
|
Subject Verified as Client |
Yes |
|
SAICA number |
04846622 |
|
VAT Number |
4530188665 |
|
Tax Number |
9559555843 |
|
BEE Status |
AAA |
|
Financial Year End |
June |
|
Years With Auditors |
1 |
|
Website |
Previous Auditors
|
Company Name |
Phone Number |
Time with previous auditors |
|
ROD
MCGILVRAY |
|
Unknown |
|
SCHOEMBIE
AUDITORS |
|
Unknown |
|
I C
MACKAY AND ASSOCIATES |
|
1 |
Tax Information
|
Vat Number |
4520222680 |
|
Status |
ACTIVE |
|
Vat Liable Date |
2005-09-01 |
|
Tax Number |
9341712157 |
|
Tax Clearance Expire Date |
Unknown |
|
Financial Year End |
December |
|
Status |
None |
|
Score |
|
|
Expire Date |
|
|
BEE Certificate Available |
No |
ISO Status
|
Type of ISO Grade |
None |
|
ISO Certificate |
|
|
ISO Certificate Available |
|
|
Certified by an Accredited Agent |
|
Workman’s compensation
|
Registered |
Yes |
|
Compliance Certified |
Yes |
Subsidiaries
|
Subsidiary Company |
LONRHO HOLDINGS (PTY) LTD |
|
Shareholding |
51% |
|
Registration Number |
|
|
Import / Export |
Import |
|
Number
of Employees |
31 |
|
1. Salaried employees |
20 |
|
2. Waged employees |
11 |
|
3. Permanent employees |
|
|
4. Casual employees |
|
|
5. Contracted employees |
|
Company Fleet |
No of vehicles: |
Owned/ Leased |
Value |
Outstanding Balance |
|
Fleet Operations |
2 |
|
|
Yes |
|
The Fleet is made up of |
|
|||
|
1. Cars |
|
|
|
|
|
2. Light Delivery Vehicles |
|
|
|
|
|
3. Trailers |
|
|
|
|
|
4. Busses |
|
|
|
|
|
5. Trucks |
|
|
|
|
|
6. Fork Lifts |
|
|
|
|
|
7. Other |
|
|
|
|
|
Offices |
Warehouse |
Head Office Owned/ Rented |
Leased |
|
Rental Company |
ZETAY PROPERTIES CC |
|
Owned by |
|
|
Value |
|
|
Bond |
|
|
Bank |
|
|
Lease Agreement |
Confidential |
|
Lease Expire Date |
|
|
Type of Premises |
Warehouse |
|
Branches Names |
Country |
Province |
|
None |
|
|
Branches Owned/ Rented |
None |
|
Rental Company |
|
|
Owned |
|
|
Value |
|
|
Bank |
|
|
Bond |
|
|
Lease Agreement |
|
|
Lease Expire Date |
|
|
Type of Premises |
|
|
Level |
Position |
Name |
|
1 |
51% |
LONRHO
HOLDINGS (PTY) LTD |
|
2 |
DIRECTOR |
DEAN STASSY |
|
2 |
DIRECTOR |
ROELOF BRINK |
|
2 |
DIRECTOR |
JACOBUS MALAN |
Note: One level up and all levels down
|
Holding |
Company |
Sub |
|
|
|
|
|
|
|
|
|
Company |
Value |
Contact |
|
Deemed Confidential |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trade Reference nr |
Supplier |
Contact |
|
1 |
OCEAN FRESH SEA |
011 453 2024 |
|
2
|
FARM SMOKE HOUSE |
021 3862200 |
|
3 |
SUPPER PARKERS |
021 5774777 |
|
4 |
CREDIT GUARANTEE |
011 8897000 |
Trade References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
4 Years |
R 1
000 000 |
R
150 000 |
30
Days |
R
150 000 |
30
Days |
Very Good |
|
2 |
4 Years |
R 1
500 000 |
R
250 000 |
30
Days |
R
250 000 |
30
Days |
Excellent |
|
3 |
10 Years |
R 1
500 000 |
R
500 000 |
30
Days |
R
500 000 |
30
Days |
Good |
|
4 |
Do |
Not |
Give |
Trade |
Reference |
|
|
Judgements
|
Judgements |
None |
|
Possible
Judgements |
None |
|
Civil
Court |
None |
|
RDs |
None |
Business
Rescue
|
Date registered |
Business rescue practitioner |
Contact Information |
Details |
|
None |
|
|
|
Default
Listings
|
Date |
Details |
|
None |
|
Notarial Bonds
|
Date |
Details |
|
None |
|
|
Bank |
FIRST NATIONAL BANK |
|
Branch |
CORPORATE DURBAN |
|
Bank Account Number |
62088300232 |
|
Type of Account |
CURRENT |
|
Account Name |
FIRST ON LINE (PTY) LTD |
|
Overdraft Facilities |
Confidential |
|
Bank Code |
Cfor
R1 500 000 |
|
Bank Comment |
The subject is considered as equal to its normal business engagements |
Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD’s |
RD amount |
RD Date |
Bank Comments |
Years with bank |
|
None |
|
|
|
|
|
|
|
Previous Bank Accounts
|
Banker |
Branch Code |
Account Holder |
Account number |
Date opened |
Years with bank |
|
None |
|
|
|
|
|
Property Interestsfor Company
|
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 |
|
Financial
Estimates
|
CURRENT ASSETS |
Deemed Confidential |
|
Stock |
|
|
Debtors |
|
|
FIXED ASSETS |
|
|
Plant, Equipment, Vehicles |
|
|
Property |
|
|
CURRENT LIABILITIES |
|
|
Creditors |
|
|
Loans/ From? |
|
|
LONG TERM LIABILITIES |
|
|
Morgage Bonds |
|
|
Previous Year Turnover |
|
|
Estimated Current Year Turnover |
|
|
Current Turnover per month |
|
|
Current Turnover per annum |
|
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 |
46 |
Active
Principals
Principal 1 of 6:EMMA KINDER PRIESTLY
|
Surname |
PRIESTLY |
|
First Name |
EMMA KINDER |
|
Other Names |
None |
|
Marital Status |
None |
|
ID Number |
099125683 |
|
Verified ID Number |
No |
|
Current Age |
40 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2011/07/01 |
|
Physical Address (at time of
Appointment) |
The Cottage Shirley ASHBOURNE DE6 3AS,0000 |
|
Postal Address |
25 Berkley Square WIJ6HB LONDON 0000 |
|
Current Tel Number |
021 5510452 |
|
Cell number |
Unavailable |
|
Current Fax Number |
021 5514316 |
|
Current Email Address |
|
|
Shareholding |
Adverse Information for:EMMA
KINDER PRIESTLY
Judgement
|
Number
of /Judgements |
None |
Debt Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for:EMMA
KINDER PRIESTLY
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
FISH ON LINE (PTY)LTD |
M2005/021351/07 |
In
Business |
6 Years
9 Months |
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
None |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Property Interestsfor:EMMA KINDER
PRIESTLY
|
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 of6:DAVID JAMES ARMSTRONG
|
Surname |
ARMSTRONG |
|
First Name |
DAVID
JAMES |
|
Other Names |
None |
|
Marital Status |
None |
|
ID Number |
099163969 |
|
Verified ID Number |
No |
|
Current Age |
48 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2011/07/01 |
|
Physical Address (at time of
Appointment) |
Malthouse Ockham
Road LEATHERHEAD EAST HORSE UK 0000 |
|
Postal Address |
25 Berkley square WIJ6HB LONDON 0000 |
|
Current Tel Number |
021 5510452 |
|
Cell number |
Unavailable |
|
Current Fax Number |
021 5514316 |
|
Current Email Address |
|
|
Shareholding |
Adverse Information for:DAVID JAMES
ARMSTRONG
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt review |
None |
Other
|
Default
data |
None |
Business Information for :DAVID
JAMES ARMSTRONG
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
FISH ON LINE (PTY)LTD |
M2005/021351/07 |
In
Business |
6
Years 9
Months |
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
None |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Deeds Information
Property Interestsfor:DAVID JAMES
ARMSTRONG
|
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 6:GEOFFREY TREVOR WHITE
|
Surname |
WHITE |
|
First Name |
GEOFFREY TREVOR |
|
Other Names |
None |
|
Marital Status |
None |
|
ID Number |
099110650 |
|
Verified ID Number |
No |
|
Current Age |
51 |
|
Designation |
Director |
|
Status |
active |
|
Appointment Date |
2011/07/01 |
|
Physical Address (at time of
Appointment) |
74 Above Town Dartmouth Devon LONDON 0000 |
|
Postal Address |
25 Berkley square WIJ6HB LONDON 0000 |
|
Current Email Address |
info@fishline.co.za |
|
Shareholding |
(if the principal owns shares) |
Adverse Information for:GEOFFREY TREVOR WHITE
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for: GEOFFREY TREVOR WHITE
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
FISH ON LINE (PTY)LTD |
M2005/021351/07 |
In
Business |
6
Years 9 Months |
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
None |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Deeds
Information
Property Interestsfor: GEOFFREY
TREVOR WHITE
|
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 of6: DAVID LENIGAS
|
Surname |
LENIGAS |
|
First Name |
DAVID |
|
Other Names |
None |
|
Marital Status |
None |
|
ID Number |
E3060892 |
|
Verified ID Number |
No |
|
Current Age |
51 |
|
Designation |
Businessman |
|
Status |
Active |
|
Appointment Date |
2011/07/01 |
|
Physical Address (at time of
Appointment) |
4 Avenue Des GUELFES 0000 |
|
Postal Address |
25 Berkley Square WIJ6HB LONDON 0000 |
|
Current Tel Number |
021 5510452 |
|
Cell number |
Unavailable |
|
Current Fax Number |
021 5514316 |
|
Current Email Address |
info@fishline.co.za |
Adverse Information for: DAVID LENIGAS
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for:DAVID LENIGAS
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
E-KWIKBUILD HOUSING COMPANY (PTY)LTD |
M2002/022407/07 |
In
Business |
9
Years 6 Months |
0 |
No |
|
FISH ON LINE(PTY)LTD |
M2005/021351/07 |
In
Business |
6
Years 9 Months |
0 |
No |
|
LONRHO LOGISTICS (PTY)LTD |
M2007/034302/07 |
In
Business |
4
Years 4 Months |
0 |
No |
|
LORNHO MANAGEMENT SOUTH AFRICA (PTY)LTD |
2008/004250/07 |
In
Business |
4
Years 1 Months |
0 |
No |
|
LONRHO PROJECTS SOUTH AFRICA (PTY)LTD |
M2008/006054/07 |
In
Business |
4
Years |
0 |
No |
|
LONRO PROJECTS AGRI (PTY)LTD |
M2009/007772/07 |
In
Business |
2 Years
11 Months |
0 |
No |
|
LONRHO ENERGY (PTY)LTD |
M2009/008050/07 |
In
Business |
2
Years 11 Months |
0 |
No |
|
LONRHO SECURITEC (PTY)LTD |
M2009/009501/07 |
In
Business |
2
Years 10 Months |
0 |
No |
|
LONRHO PROJECTS CONSULTING (PTY)LTD |
M2009/009527/07 |
In
Business |
2
Years 10 Months |
0 |
No |
|
LONRHO AMATHONGA HOTELS (PYT)LTD |
M2009/010597/07 |
In
Business |
2
Years 9 Months |
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
None |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
None |
|
|
|
|
|
Deeds
Information
Property Interestsfor:DAVID
LENIGAS
|
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 5 of6:ROELOF BRINK
|
Surname |
BRINK |
|
First Name |
ROELOF |
|
Other Names |
None |
|
Marital Status |
None |
|
ID Number |
6704165087082 |
|
Verified ID Number |
Yes |
|
Current Age |
45 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2005/06/17 |
|
Physical Address (at time of
Appointment) |
NO4 Chipstead Way PINELANDS 7405 |
|
Postal Address |
PO Box 51908 V and A WATERFRONT 8002 |
|
Current Tel Number |
021 5510452 |
|
Cell number |
Unavailable |
|
Current Fax Number |
021 5514316 |
|
Current Email Address |
info@fishline.co.za |
Adverse Information for: ROELOF BRINK
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for: ROELOF BRINK
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
LITTLE ITALY PIZZA AND PASTA CC |
B1993/020925/23 |
In
Business |
18
Years 7 Months |
0 |
No |
|
CREEL TRADING CC |
B1999/044196/23 |
In
Business |
12
Years 8
Months |
0 |
No |
|
PETTEN TRADING CC |
B1999/049894/23 |
In Business |
12
Years 7
Months |
0 |
No |
|
FISH ON LINE (PTY)LTD |
M2005/021351/07 |
In
Business |
6
Years 9
Months |
0 |
No |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
9 Years |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SA SARDINE EXPORTERS CC |
2001/081651/23 |
Deregistration
Final |
10
Years 4
Months |
0 |
No |
|
BAZOO PROMOTIONS CC |
2002/001080/23 |
Deregistration
Final |
10
Years 2
Months |
0 |
No |
|
CHAPMANS PEAK FISH PROCESSORS (PTY)LTD |
2002/008448/07 |
Deregistration
Final |
9
Years 11
Months |
0 |
No |
|
DREAM WORLD INVESTMENTS 379 (PTY)LTD |
M2005/016153/07 |
In
Business |
6
Years 10
Months |
0 |
No |
Deeds Information
Property
Interestsfor: ROELOF BRINK
|
Title
Deed No. |
T21315/2001 |
Erf/Site No. |
|
|
Deeds
Office |
CAPETOWN |
Physical Address |
4 Chipstead Pinelands CAPE
TOWN |
|
Property
Type |
Freehold/Ervin |
Extent / Size |
763.0SQM |
|
Purchase
Date |
2000/10/25 |
Purchase price |
R
420000 |
|
%
Ownership |
0 |
Bond Holder |
SAAMBOU
BANK LTD |
|
Bond
Number |
B155592001 |
Bond Amount |
R
450000 |
Principal
6 of6:JACOBUS MALAN
|
Surname |
MALAN |
|
First Name |
JACOBUS |
|
Other Names |
None |
|
Marital Status |
None |
|
ID Number |
6604305045083 |
|
Verified ID Number |
Yes |
|
Current Age |
46 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2005/06/17 |
|
Physical Address (at time of
Appointment) |
45 Skaamrosie Street Protea
Valley Bellville 7551 |
|
Postal Address |
PO Box 51908 V and A Waterfront Cape Town 8002 |
|
Current Tel Number |
021 5510452 |
|
Cell number |
Unavailable |
|
Current Fax Number |
021 5514316 |
|
Current Email Address |
info@fishline.co.za |
Adverse Information for: JACOBUS MALAN
Judgement
|
Number
of Judgements |
None |
Debt
Review
|
Debt
review |
None |
Other
|
Default
data |
None |
Business Information for: JACOBUS MALAN
Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
CREEL TRADING CC |
B1999/044196/23 |
In
Business |
12
Years 8 Months |
No |
0 |
|
PETTEN TRADING CC |
B1999/049894/23 |
In
Business |
12
Years 7 Months |
No |
0 |
|
KE BATLA TRADING 6 CC |
B2005/130948/23 |
In
Business |
6
Years 6 Months |
No |
0 |
|
DREAM WORLD INVESTMENTS 379 (PTY)LTD |
M2005/016153/07 |
In
Business |
6
Years 10 Months |
No |
0 |
|
FISH ON LINE (PTY)LTD |
M2005/021351/07 |
In
Business |
6
Years 9 Months |
No |
0 |
Previous
Business Interests
|
Average
Age of Previous Business Interests |
10 Years |
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
H G WIEMEYER AND PARTNERS (PTY)LTD |
1989/006154/07 |
Deregistration
Final |
22
Years 5
months |
0 |
No |
|
PRIMORDIUM SEAFOODS CC |
1998/031646/23 |
Conversion
CO/CC or CC/CO |
13
Years 9
Months |
1 |
No |
|
SA SARDINEXPORTERS CC |
2001/081651/23 |
Deregistration
Final |
10
Years 4
Months |
0 |
No |
|
BAZOO PROMOTIONS CC |
2002/001080/23 |
Deregistration
Final |
10
Years 2
Months |
0 |
No |
|
CHAPMANS PEAK FISH PROCESSORS (PTY)LTD |
2002/008448/07 |
Deregistration
Final |
9
Years 11
Months |
0 |
No |
Deeds
Information
Property Interestsfor:JACOBUS
MALAN
|
Title
Deed No. |
T105376/2004 |
Erf/Site No. |
|
|
Deeds
Office |
CAPE TOWN |
Physical Address |
1
Monte PescaliSonstraal HEIGHTS
DURBANVILLE |
|
Property
Type |
Freehold/Ervin |
Extent / Size |
337.OSQM |
|
Purchase
Date |
2004/06/25 |
Purchase price |
200000 |
|
% Ownership |
0 |
Bond Holder |
FIRSTRAND
LTD |
|
Bond
Number |
B877052004 |
Bond Amount |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.52 |
|
|
1 |
Rs.88.49 |
|
Euro |
1 |
Rs.70.20 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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.