IDENTIFICATION DETAILS
|
Name : |
CORICRAFT GROUP (PTY)LTD |
|
|
|
|
Formerly Known As : |
ASHERTON
INVESTMENTS (PTY) LTD |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
10.05.2005 |
|
|
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|
Com. Reg. No.: |
M2005/014198/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Manufacturing and Retailing of furniture |
|
|
|
|
No. of Employees : |
998 employees |
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
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
|
Source : CIA |
|
Subject
Name |
CORICRAFT
GROUP (PTY)LTD |
|
Country |
|
|
Subject
Contact Person |
GRAHAM
PHILIPSON-ACCOUNTANT |
|
Assessment |
This is
a well-established business. On
investigation we made contact with the subject and we were referred to the
accountant MR GRAHAM PHILIPSON who assisted with all the information
required. The subject is meeting commitments timeously
with suppliers. We
obtained a bank code C for an amount of R 4500000 over a period of 30 Days.
Please see the available information on the subject below. |
|
Registered
Name |
CORICRAFT
GROUP (PTY)LTD |
|
|
Trading
as/ Division Name |
CORICRAFT
GROUP |
|
|
Previous
Name |
ASHERTON
INVESTMENTS (PTY) LTD |
|
|
Date
of Name Change |
2005-11-04 |
|
|
Registration
Number |
M2005/014198/07 |
|
|
Registration
Date |
2005/05/10 |
|
|
Date
Commenced Trading |
2005-05-10 |
|
|
Age
of Business |
7
Years 4 Months |
|
|
History
of Business |
The subject
has been on the pioneering edge of home furnishing design and production for
over 20 Years. Inspiration for new product is therefore based on both time honoured models as well as ideas from around the world.
Many other furniture brands have come and gone over this time but CORICRAFT
has remained at the forefront, and an undisputed brand leader. The demand for
the CORICRAFT couches has grown rapidly over the years. The concept of
unbeatable value and unrivalled quality has therefore been extended to 30
stores across |
|
|
History
of Principals |
There
currently 8 Directors within the company. |
|
|
Shareholders/Members/Partners
of subject and % holding |
43%-CAPWEST
LIMITED46%-WESTBROOKE INVESTMENTS (PROPRIETARY) LIMITED7%- WESTBROOKE CAPITAL
PARTHNER (PTY)LTD4%-KEVIN MICHAEL UTIAN |
|
|
Status |
In
Business |
|
|
Operations
Assessment |
Manufacturing
and Retailing of furniture |
|
|
Industry/
Customers |
Corporate
Companies, Other Furniture retailers and the Public. |
|
|
Export |
Yes |
|
|
Export
Countries |
|
|
|
Import |
None |
|
|
Import
Countries |
|
|
|
Major
Industry Code / SICC |
3910 |
|
|
Definition
of Code |
|
|
|
Head
Office Physical Address |
|
|
|
Head
Office Postal Address |
P
|
|
|
Current
Tel Number |
021
505 6640 |
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|
Current
Fax Number |
021
505 6640 |
|
|
Current
Email Address |
||
|
Web
Site Address |
||
|
Company
Registered Name |
MAZARS
INTERNAL AUDIT SERVICES (PTY)LTD |
|
Registration
Number |
M2005/025794/07 |
|
Physical
Address |
MAZARS HOUSE, |
|
Postal
Address |
PO
|
|
Contact
Person |
CONRAD
BURGER |
|
Contact
Number |
021
8185000 |
|
Email |
|
|
Principals |
3 |
|
Judgements
Against Subject |
None |
|
Judgements
Against Principals |
None |
|
Subject
Verified as Client |
Yes |
|
Practice
Number |
900222 |
|
VAT
Number |
4360110144 |
|
Tax
Number |
9814795143 |
|
Financial
Year End |
August |
|
No
of years in Business |
2 |
|
Website |
www.mazars.
co.za |
Previous Auditors
|
Company Name |
Phone Number |
Time with previous auditors |
Comment |
|
|
|
6 |
|
|
PKF(JHB) INC |
|
Unknown |
|
|
MOZARS |
|
5 |
|
|
Vat
Number |
4300221746 |
|
Status |
ACTIVE |
|
Vat
Liable Date |
2005/08/16 |
|
Tax
Number |
9434666153 |
|
Financial
Year End |
February |
Black Economic Empowerment
Information - No Information on Record
ISO Information
- No Information on Record
Workman's
compensation
|
Registered |
Yes |
|
Compliance
Certified |
Yes |
Subsidiaries
|
Subsidiary
Company |
Coricraft
|
|||
|
Shareholding |
Coricraft
Group (Pty) Ltd owns 100% |
|||
|
Registration
Number |
C02010/7649 |
|||
|
Import
/ Export |
|
|||
|
Comment |
|
|||
|
Employees |
||||
|
Number
of Employees |
998 |
|||
|
1.
Salaried employees |
354 |
|||
|
2.
Waged employees |
644 |
|||
|
3.
Permanent employees |
967 |
|||
|
4.
Casual employees |
31 |
|||
|
5.
Contracted employees |
0 |
|||
|
Comment |
|
|||
|
Company
Fleet |
||||
|
Company
Fleet |
No
of vehicles: |
Ownerd/Leased |
Value |
Outstanding
Balance |
|
Fleet
Operations |
|
|
|
|
|
The
Fleet is made up of |
6 |
|||
|
Comment |
|
|||
|
Light
delivery Vehicles |
2 |
Owned |
R173706.00 |
|
|
Trucks |
4 |
Owned |
R611316.00 |
|
|
Offices |
Offices |
|
|
Head
Office Owned/ Rented |
Leased |
|
|
Rental
Company |
Redefine
Properties |
|
|
Lease
Agreement |
7
Years |
|
|
Lease
Expire Date |
2013 |
|
|
Type
of Premises |
Warehouse,
Factory and Office Block |
|
|
Comment |
|
|
|
Branch
Information |
||
|
Branches Names |
Country |
Province |
|
|
|
|
|
Branch
Detail Information |
||
|
Branches
Owned/ Rented |
Leased |
|
|
Comment |
The
subject has 31 branches throughout |
|
|
Level |
Position |
Name |
Comment |
|
1 |
CEO |
Kevin Utian |
|
|
2 |
COO |
Craig Schneeberger |
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|
3 |
Financial Director |
Roger Zoio |
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|
4 |
Production Director |
Michael van Niekerk |
|
|
5 |
Marketing Director |
Ronelle
|
|
|
6 |
Merchandising Director |
Lee Reichman |
|
|
7 |
Director |
Martin Sacks |
|
|
8 |
Director |
Mark Mattisson |
|
Company
Structure (Ownership)
Note:
One level up and all levels down
|
Holding |
Company |
Sub |
Comment |
|
46% |
WESTBROOKE INVESTMENTS (pty)ltd |
|
|
|
43% |
CAPWEST LIMITED |
|
|
|
7% |
WESTBROOKE CAPITAL PARTHNER
(PTY)LTD |
|
|
|
4% |
KEVIN MICHAEL UTIAN |
|
|
Key
Deals - No Information on Record
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial
Bonds |
Comment |
|
1 |
VITAFOAM |
0215352280 |
|
|
|
|
2 |
BRITS TEXTILES |
0215771490 |
|
|
|
|
3 |
|
0218507777 |
|
|
|
Trader references
|
Nr |
Age of Acc |
Credit
Limit |
Max
Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
12 YEARS |
R
4500000.00 |
R1500000.00 |
60
Days |
R1200000 |
60 Days |
Very Good |
|
2 |
20 Years |
|
R
700000.00 |
60
Days |
R 500000 |
60 Days |
Excellent |
|
3 |
11 Months |
|
R
839000.00 |
30
Days |
R 390000 |
30 Days |
Very Good |
Judgements - No information on record
BusinessRescue - No Information on Record
Default Listing - No information on record
Notarial Bonds - No information on record
|
Bank |
ABSA
BANK |
|
Branch |
CORPORATE
AND BUSINESS BANK |
|
Brach
Code |
|
|
Bank
Account Number |
4074876021 |
|
Type
of Account |
CHEQUE
ACCOUNT |
|
Account
Name |
CORICRAFT
GROUP (PTY) LTD |
|
Overdraft
Facilities |
Yes |
|
Bank
Code |
C
For R4500000 |
|
Bank
Comment |
The
subject's bankers consider them good for all business normal engagements |
Bank Code History - No Information on Record
Previous Bank Account Information - No
Information on Record
Deeds Information - No information on record
Financial estimates
|
Stock |
R68153000.00 |
|
Debtors |
R2102000.00 |
|
Plant,
Equipment, Vehicles |
R
35090000.00 |
|
Creditors |
R
41489000.00 |
|
Loans/
From? |
R
42567000.00 |
|
Previous
Year Turnover |
R
477321000.00 |
|
Estimated
Current Year Turnover |
R
565727000.00 |
|
Current
Turnover per month |
R
47018522.00 |
|
Current
Turnover per annum |
R
564222264.00 |
|
Comment |
|
|
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 |
|
Number
of Principals |
8 |
|
Average
Age of Active Principals |
41 |
|
Active
Principals Principal - 1of 8 KEVIN UTIAN |
|
|
Surname |
UTIAN |
|
First
Name |
KEVIN |
|
Other
Names |
None |
|
Marital
Status |
Married |
|
ID
Number |
6809285263081 |
|
Verified
ID Number |
Yes |
|
Current
Age |
44 |
|
Designation |
CHIEF
EXECUTIVE OFFICER |
|
Status |
Active |
|
Appointment
Date |
2012/05/11 |
|
Physical
Address (at time of Appointment) |
56
SECOND AVENUE, BENMORE, 2010 |
|
Postal
Address |
P
0 BOX 652701, BENMORE, BENMORE, 2010 |
|
Current
Tel Number |
0112163333 |
|
Cell
number |
0829032222 |
|
Shareholding/Membership |
0.0000 |
Business
Information forKEVIN UTIAN
Principal
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
SCOOTERS
PIZZA (PTY) LTD |
2000/002239/07 |
In Business |
0 |
2 |
No |
|
|
CHICKENLAND
(PTY) LTD |
M1987/004022/07 |
In Business |
25
Years 1 Months |
0 |
No |
|
|
553
LOUIS BOTHA PROPERTIES (PTY) LTD |
M1992/001594/07 |
In Business |
20
Years 8 Months |
0 |
No |
|
|
NANDO'S GROUP
HOLDINGS LTD |
M1994/007318/06 |
In Business |
18
Years 6 Months |
0 |
No |
|
|
CHICKENLAND
ISIPINGO (PTY)LTD |
M1995/000712/07 |
In Business |
17
Years 5 Months |
0 |
No |
|
|
CHICKENLAND
KWA AAASHU (PTY)LTD |
M1995/000775/07 |
In Business |
17
Years 5 Months |
0 |
No |
|
|
CHICKENLAND
KRUGERSDORP (PTY) LTD |
M1995/002170/07 |
In Business |
17
Years 5 Months |
0 |
No |
|
|
NANDO'S
INVESTMENTS (PTY) LTD |
M1995/013940/07 |
In Business |
17
Years 5 Months |
0 |
No |
|
|
TASTE
HOLDINGS LTD |
M2000/002239/06 |
In Business |
0 |
0 |
No |
|
|
NANDO'S BRAND
CORPORATION (PTY) LTD |
M2001/027296/07 |
In Business |
11
Years 11 Months |
0 |
No |
|
|
NANDO'S JOINT VENTURE (PTY)LTD |
M2002/024784/07 |
In Business |
10
Years 10 Months |
0 |
No |
|
|
NANDO'S JOINT
VENTURE OPCO (PTY) LTD |
M2004/004460/07 |
In Business |
8
Years 8 Months |
0 |
No |
|
|
BS JOINT VENTURE (PTY) LTD |
M2004/015170/07 |
In Business |
8
Years 8 Months |
0 |
No |
|
|
BS JOINT VENTURE SUBCO (PTY)LTD |
M2004/015217/07 |
In Business |
8
Years 8 Months |
0 |
No |
|
|
JHB JOINT VENTURE (PTY)LTD |
M2004/018689/07 |
In Business |
8
Years 8 Months |
0 |
No |
|
|
CORICRAFT
GROUP (PTY) LTD |
M2005/014198/07 |
In Business |
7
Years 7 Months |
0 |
No |
|
|
EDENVALE JOINT VENTURE (PTY)LTD |
M2005/030024/07 |
In Business |
7
Years 7 Months |
0 |
No |
|
|
NANDO"S |
M2007/002065/07 |
In Business |
5
Years 5 Months |
0 |
No |
|
|
CBDTOWN JOINT |
|
|
|
|
|
|
|
VENTURE (PTY)LTD |
|
|
|
|
|
|
Principal Previous Business Interests
Average Age of Previous Business 17
years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
STREET
TALK TRADING 23 CC |
2004/085175/23 |
Deregistration
Final |
8
Years 8 Months |
0 |
No |
|
|
CHICKENLAND
|
M1992/004737/07 |
In
Business |
20 Years 8 Months |
0 |
No |
|
|
CHICKENLAND
|
M1992/004815/07 |
Deregistration
Final |
20 Years 8 Months |
0 |
No |
|
|
CHICKENLAND
NORTHERN |
M1993/002028/07 |
In
Business |
19 Years 7 Months |
0 |
No |
|
|
ZELIG
FOOD ENTERPRISES (PTY) LTD |
M1993/005940/07 |
Deregistration
Final |
19 Years 7 Months |
0 |
No |
|
|
PROPCHICK
(PTY)LTD |
M1993/007089/07 |
In
Business |
19 Years 7 Months |
0 |
No |
|
|
CHICKENLAND
GEORGE (PTY)LTD |
M1994/000515/07 |
In
Business |
18 Years 6 Months |
0 |
No |
|
|
|
M1994/006148/07 |
Deregistration
Final |
18 Years 6 Months |
0 |
No |
|
|
CHICKENLAND
KNYSNA (PTY) LTD |
M1994/006857/07 |
In
Business |
18 Years 6 Months |
0 |
No |
|
|
CHICKENLAND
|
M1994/007150/07 |
In
Business |
18 Years 6 Months |
0 |
No |
|
|
CHICKENLAND
|
M1994/007235/07 |
In
Business |
18 Years 6 Months |
0 |
No |
|
|
CHICKENLAND
GREENACRES (PTY) LTD |
M1995/005281/07 |
In
Business |
17 Years 5 Months |
0 |
No |
|
|
CHICKENLAND
BRACKENFELL (PTY) LTD |
M1995/005282/07 |
In
Business |
17 Years 5 Months |
1 |
No |
|
|
CHICKENLAND
DAVEYTON (PTY)LTD |
M1995/009165/07 |
Deregistration
Final |
17 Years 5 Months |
0 |
No |
|
|
JA CHICKEN
ENTERPRISES (PTY) LTD |
M1996/008049/07 |
In
Business |
16 Years 4 Months |
0 |
No |
|
Principal's Deeds Information - No information on record
Principal
- 2of 8 PETRONELLE VORSTER
|
Surname |
VORSTER |
|
First
Name |
PETRONELLE |
|
Other
Names |
None |
|
Marital
Status |
Married |
|
ID
Number |
7604230068084 |
|
Verified
ID Number |
Yes |
|
Current
Age |
36 |
|
Designation |
MARKETING
DIRECTOR |
|
Status |
Active |
|
Appointment
Date |
2011/04/13 |
|
Physical
Address (at time of Appointment) |
|
|
Postal
Address |
P
0 BOX 10808, ASTON MANOR, ASTON MANOR, 1630 |
|
Current
Tel Number |
0113141600 |
|
Cell
number |
0836309989 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No information on record
Business
Information for
PETRONELLE VORSTER
Principal
Current Business Interests
|
Company
Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CORICRAFT GROUP (PTY) LTD |
M2005/014198/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 7
years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BIG
|
2004/078264/23 |
Voluntary
Liquidation |
8 Years 8 Months |
1 |
Yes |
|
|
|
M2005/039995/07 |
Deregistration
Final |
7 Years 7 Months |
0 |
No |
|
Principal's Deeds Information - No information on record
|
Principal
- 3of 8 MICHAEL VAN NIEKERK |
|
|
Surname |
VAN
NIEKERK |
|
First
Name |
MICHAEL |
|
Other
Names |
None |
|
Marital
Status |
Married |
|
ID
Number |
6701175024089 |
|
Verified
ID Number |
Yes |
|
Current
Age |
45 |
|
Designation |
DIRECTOR
(GROUP PRODUCTION) |
|
Status |
Active |
|
Appointment
Date |
2010/08/26 |
|
Physical
Address (at time of Appointment) |
5
|
|
Postal
Address |
5
|
|
Current
Tel Number |
0116118700 |
|
Cell
number |
0837791701 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No information on record
Business
Information for MICHAEL VAN NIEKERK
Principal
Current Business Interests
|
Company
Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
WIZARD
AFRICAN PROJECTS CC |
B1994/013990/23 |
In Business |
18 Years 6 Months |
0 |
No |
|
|
CORICRAFT
GROUP (PTY) LTD |
M2005/014198/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
Principal previous Business Interests
Average age of previous business 16
years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
HMI
HEALTHCARE CORPORATION (PTY) LTD |
M1981/010444/07 |
In
Business |
31 Years 7 Months |
0 |
No |
|
|
BRAVO
GROUP MANUFACTURING (PTY) LTD |
M1991/005029/07 |
In
Business |
21 Years 9 Months |
0 |
No |
|
|
AGILITY
GLOBAL HEALTH SOLUTIONS - |
M1995/012897/07 |
In
Business |
17 Years 5 Months |
0 |
No |
|
|
MX
NETWORK SYSTEMS (PTY)LTD |
M1997/011209/07 |
Deregistration
Final |
15 Years 3 Months |
1 |
No |
|
|
MAXIM
CONSULTING SERVICES (PTY)LTD |
M1998/005937/07 |
In
Business |
14 Years 2 Months |
0 |
No |
|
|
FIHRST
MANAGEMENT SERVICES (PTY)LTD |
M1998/022460/07 |
In
Business |
14 Years 2 Months |
0 |
No |
|
|
GMA SUBSIDIARY TRADING 12 (PTY)LTD |
M1998/023158/07 |
Deregistration
Final |
14 Years 2 Months |
0 |
No |
|
|
VIA
DEL CORSO HOME OWNERS ASSOCIATION |
M2003/002190/08 |
In
Business |
9
Years 9 Months |
0 |
No |
|
Principal's Deeds Information - No information on record
Principal
- 4of 8 ROGER ZOIO
|
Surname |
ZOIO |
|
First
Name |
ROGER |
|
Other
Names |
None |
|
Marital
Status |
Divorced |
|
ID
Number |
6711215131083 |
|
Verified
ID Number |
Yes |
|
Current
Age |
45 |
|
Designation |
FINANCIAL
EXECUTIVE |
|
Status |
Active |
|
Appointment
Date |
2010/02/15 |
|
Physical
Address (at time of Appointment) |
32
CENTRAL SQ., |
|
Postal
Address |
P
O |
|
Current
Tel Number |
0112333341 |
|
Cell
number |
0822432000 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No information on record
Business
Information for ROGER
ZOIO
Principal
Current Business Interests
|
Company
Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CORICRAFT GROUP (PTY) LTD |
M2005/014198/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
Principal Previous Business Interests
Average
Age of Previous Business 18
years
|
Company Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
PSITEK
CC |
B1990/032966/23 |
Conversion
CO/CC orCC/CO |
22
Years 10 Months |
0 |
No |
|
|
PC MULTIMEDIA
DISTRIBUTORS (PTY) LTD |
M1967/006001/07 |
Deregistration
Final |
45
Years 9 Months |
0 |
No |
|
|
MODRAC
(PTY)LTD |
M1984/002971/07 |
In
Business |
28
Years 4 Months |
0 |
No |
|
|
DATA-NET
INTERNATIONAL (PTY) LTD |
M1991/001962/07 |
Deregistration
Final |
21
Years 9 Months |
0 |
No |
|
|
CHOICE COMMUNICATIONS
(PTY) LTD |
M1993/003776/07 |
Deregistration
Final |
19
Years 7 Months |
0 |
No |
|
|
DATA-NET ELECTRONIC SUPPLIES ( |
M1993/004876/07 |
Deregistration
Final |
19
Years 7 Months |
0 |
No |
|
|
DATA-NET ELECTRONIC SUPPLIES (F S) (PTY)LTD |
M1993/007363/07 |
Deregistration
Final |
19
Years 7 Months |
0 |
No |
|
|
DATATEC
LTD |
M1994/005004/06 |
In
Business |
18
Years 6 Months |
0 |
No |
|
|
DATA-NET HOLDINGS
(PTY) LTD |
M1994/008189/07 |
Deregistration
Final |
18
Years 6 Months |
0 |
No |
|
|
DATA-NET ELECTRONIC SUPPLIES (E P) (PTY)LTD |
M1994/008469/07 |
Deregistration
Final |
18
Years 6 Months |
0 |
No |
|
|
COMSTOR
(PTY)LTD |
M1995/001233/07 |
Deregistration
Final |
17
Years 5 Months |
0 |
No |
|
|
WESTCON
SA (PTY) LTD |
M1995/008890/07 |
In
Business |
17
Years 5 Months |
0 |
No |
|
|
SCANTEC
(PTY)LTD |
M1995/011821/07 |
In
Business |
17
Years 5 Months |
0 |
No |
|
|
HARD EDGE
INVESTMENTS (PTY) LTD |
M1996/006222/07 |
Deregistration
Final |
16
Years 4 Months |
0 |
No |
|
|
DATATEC
MANAGEMENT SERVICES (PTY)LTD |
M1996/012776/07 |
In
Business |
16
Years 4 Months |
0 |
No |
|
|
XYZ
SHELF TECHNOLOGIES (PTY) LTD |
M1996/014665/07 |
Deregistration
Final |
16
Years 4 Months |
0 |
No |
|
|
ON
RAMP |
M1996/018068/07 |
Deregistration
Final |
16
Years 4 Months |
0 |
No |
|
|
ELPROM ELECTRONIC
PRODUCT MANUFACTURERS (PTY) LTD |
M1998/017641/07 |
In
Business |
14
Years 2 Months |
0 |
No |
|
|
PSITEK |
M2001/022865/07 |
In
Business |
11 Years 11
Months |
0 |
No |
|
|
PSITEK SA FINANCE
(PTY) LTD |
M2008/026752/07 |
In
Business |
4
Years 4 Months |
0 |
No |
|
Principal's
Deeds Information - No information on record
|
Principal
- 5of 8 CRAIG SCHNEEBERGER |
|
|
Surname |
SCHNEEBERGER |
|
First
Name |
CRAIG |
|
Other
Names |
None |
|
Marital
Status |
Married |
|
ID
Number |
7410165255088 |
|
Verified
ID Number |
Yes |
|
Current
Age |
38 |
|
Designation |
RETAIL
DIRECTOR |
|
Status |
Active |
|
Appointment
Date |
2007/07/25 |
|
Physical
Address (at time of Appointment) |
|
|
Postal
Address |
P
O |
|
Current
Tel Number |
0114677758 |
|
Cell
number |
0823899914 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse -
No information on record
Business Information for CRAIG SCHNEEBERGER
Principal
Current Business Interests
|
Company
Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CORICRAFT GROUP (PTY) LTD |
M2005/014198/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
Principal Previous Business Interests
Average
Age of Previous Business 15
years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
WETHERLYS
INVESTMENT HOLDINGS LTD |
M1996/016455/06 |
Dissolved |
16 Years 4 Months |
0 |
No |
|
|
WETHERLYS
(PTY)LTD |
M1997/016987/07 |
Deregistration
Final |
15 Years 3 Months |
0 |
No |
|
|
Principal
- 6of 8 LEEANNDA L M REICHMAN |
|
|
Surname |
L
M REICHMAN |
|
First
Name |
LEEANNDA |
|
Other
Names |
None |
|
Marital
Status |
Divorced |
|
ID
Number |
6803280137085 |
|
Verified
ID Number |
Yes |
|
Current
Age |
44 |
|
Designation |
MERCHANDISE
DIRECTOR |
|
Status |
Active |
|
Appointment
Date |
2007/02/01 |
|
Physical
Address (at time of Appointment) |
|
|
Postal
Address |
P
0 BOX 15, EPPINDUST, 7475 |
|
Current
Tel Number |
0219375020 |
|
Cell
number |
0833015073 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No information on record
Business
Information for LEEANNDA L M REICHMAN
Principal
Current Business Interests
|
Company
Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CORICRAFT GROUP (PTY) LTD |
M2005/014198/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
Principal
- 7of 8 MARTIN SACKS |
|
|
Surname |
SACKS |
|
First
Name |
MARTIN |
|
Other
Names |
None |
|
Marital
Status |
Married |
|
ID
Number |
7002075038082 |
|
Verified
ID Number |
Yes |
|
Current
Age |
42 |
|
Designation |
ACCOUNTANT |
|
Status |
Active |
|
Appointment
Date |
2005/08/15 |
|
Physical
Address (at time of Appointment) |
|
|
Postal
Address |
P
0 BOX 653338, BENMORE, 2010 |
|
Current
Tel Number |
0118837054 |
|
Cell
number |
0832557850 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No information on record
Business
Information for MARTIN SACKS
Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
RETAIL VENTURES
(PTY) LTD |
2003/029956/07 |
In
Business |
9
Years 9 Months |
0 |
No |
|
|
EBONYTHYME INVESTMENTS
(PTY) LTD |
2009/020622/07 |
In
Business |
3
Years 3 Months |
0 |
No |
|
|
SEVEN LAFAYETTE-SANDH i
idcx rr |
B1998/042940/23 |
Conversion
CO/CC or CC/CO |
14
Years 2 Months |
0 |
No |
|
|
SHAULA
INVESTMENTS (PTY) LTD |
K2011/107689/07 |
In
Business |
1
Years 1 Months |
0 |
No |
|
|
FORGE GROUP (PTY)
LTD |
K2011/114736/07 |
In
Business |
1
Years 1 Months |
0 |
No |
|
|
ALUVIN
SECURISEAL (PTY) LTD |
M1991/001552/07 |
In
Business |
21
Years 9 Months |
0 |
No |
|
|
NENT INVESTMENTS
(PTY) LTD |
M1998/018145/07 |
In
Business |
14
Years 2 Months |
0 |
No |
|
|
CORPCAPITAL
TRADING TRUSTEES (PTY) LTD |
M1999/003685/07 |
In
Business |
13
Years 1 Months |
0 |
No |
|
|
WESTBROOKE
CAPITAL PARTNERS (PTY) LTD |
M1999/015993/07 |
In
Business |
13
Years 1 Months |
0 |
No |
|
|
YARNFIELD
INVESTMENTS (PTY) LTD |
M2000/000250/07 |
In
Business |
0 |
0 |
No |
|
|
ANDERBRIDGE
INVESTMENTS (PTY) LTD |
M2003/020721/07 |
In
Business |
9
Years 9 Months |
0 |
No |
|
|
WESTBROOKE
INVESTMENTS (PTY) LTD |
M2004/001258/07 |
In
Business |
8
Years 8 Months |
0 |
No |
|
|
CORICRAFT
GROUP (PTY) LTD |
M2005/014198/07 |
In
Business |
7
Years 7 Months |
0 |
No |
|
|
REFLEX PROPERTY
PARTNERS (PTY) LTD |
M2005/033912/07 |
In
Business |
7
Years 7 Months |
0 |
No |
|
|
MARBERRY
INVESTMENTS (PTY) LTD |
M2006/005759/07 |
In
Business |
6
Years 6 Months |
0 |
No |
|
|
ALLIED
PUTZIGER (PTY) LTD |
M2006/010630/07 |
In
Business |
6
Years 6 Months |
0 |
No |
|
|
F
AND H AAACHINE TOOLS (PTY)LTD |
M2007/003092/07 |
In
Business |
5
Years 5 Months |
0 |
No |
|
|
JADEWICK
INVESTMENTS (RF) (PTY) LTD |
M2007/003345/07 |
In
Business |
5
Years 5 Months |
0 |
No |
|
|
TECSA
(PTY)LTD |
M2010/024885/07 |
In
Business |
2
Years 2 Months |
0 |
No |
|
Principal Previous Business Interests
Average
Age of Previous Business 16
years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
||||||
|
MICAWBER
275 LTD |
M1946/023536/06 |
Voluntary
Liquidation |
66 Years 6 Months |
0 |
Yes |
|
||||||
|
INSULATED
STRUCTURES (1989) (PTY) LTD |
M1971/005601/07 |
In
Business |
41 Years 5 Months |
0 |
No |
|
||||||
|
AQUA
ONLINE HOLDINGS LTD |
M1971/005628/06 |
Dissolved |
41 Years 5 Months |
0 |
No |
|
||||||
|
INTER-AFRICA
OUTDOOR ADVERTISING
( |
M1971/011789/07 |
In
Business |
41 Years 5 Months |
0 |
No |
|
||||||
|
STUTTAFORDS
STORES (PTY) LTD |
M1998/002696/07 |
In
Business |
14 Years 2 Months |
1 |
No |
|
||||||
|
ONELOGIX
GROUP LTD |
M1998/004519/06 |
In
Business |
14 Years 2 Months |
0 |
No |
|
||||||
|
DARDALE
INVESTMENTS (PTY) LTD |
M1998/005497/07 |
Deregistration
Final |
14 Years 2 Months |
0 |
No |
|
||||||
|
CORPCAPITAL
INVESTMENTS TWO (PTY) LTD |
M1998/008345/07 |
In
Business |
14 Years 2 Months |
0 |
No |
|
||||||
|
MICAWBER
274 LTD |
M1998/008346/06 |
Dissolved |
14 Years 2 Months |
0 |
No |
|
||||||
|
CORPGRO
INVESTMENT HOLDINGS (PTY)LTD |
M1998/018335/07 |
Deregistration
Final |
14 Years 2 Months |
0 |
No |
|
||||||
|
STRATOP
NOMINEES (PTY) LTD |
M1998/020365/07 |
Deregistration
Final |
14 Years 2 Months |
0 |
No |
|
||||||
|
CHARDENE
INVESTMENTS (PTY) LTD |
M1998/023837/07 |
Deregistration
Final |
14 Years 2 Months |
0 |
No |
|
||||||
|
LINDGUS INVESTMENTS
(PTY) LTD |
M1998/025317/07 |
Deregistration
Final |
14 Years 2 Months |
0 |
No |
|
||||||
|
INFINEX
(PTY)LTD |
M1999/002430/07 |
In
Business |
13 Years 1 Months |
0 |
No |
|
||||||
|
PERMARK
PROFESSIONAL (PTY) LTD |
M1999/015395/07 |
Deregistration
Final |
13 Years 1 Months |
0 |
No |
|
||||||
|
EMERALDBROOKE
INVESTMENTS (PTY) LTD |
M1999/015995/07 |
In
Business |
13
Years 1 Months |
0 |
No |
|
||||||
|
|
M2000/008582/07 |
In
Business |
|
2 |
No |
|
||||||
|
LINDFARNE
INVESTMENTS (PTY) LTD |
M2000/017115/07 |
Deregistration
Final |
|
0 |
No |
|
||||||
|
NEW CORPCAPITAL
LTD |
M2001/006539/06 |
In
Business |
11
Years 11 Months |
0 |
No |
|
||||||
|
CORPCAPITAL
SECURITIES (PTY)LTD |
M2002/026366/07 |
Deregistration
Final |
10
Years 10 Months |
0 |
No |
|
||||||
|
STUTTAFORDS
INTERNATIONAL FASHION COMPANY (PTY) LTD |
M2004/004471/07 |
In
Business |
8
Years 8 Months |
0 |
No |
|
||||||
|
INCOLABS
(PTY)LTD |
M2004/019947/07 |
In
Business |
8
Years 8 Months |
0 |
No |
|
||||||
|
FURNITURE VENTURES (PTY) LTD |
M2005/014203/07 |
In
Business |
7
Years 7 Months |
0 |
No |
|
||||||
|
FIREFLY INVESTMENTS 56 (PTY)LTD |
M2005/014473/07 |
In
Business |
7
Years 7 Months |
0 |
No |
|
||||||
|
LORINGWOOD
INVESTMENTS (PTY) LTD |
M2005/029807/07 |
In
Business |
7
Years 7 Months |
0 |
No |
|
||||||
Principal's Deeds Information - No information on record
Principal
- 8of 8 MARK MATISONN
|
Surname |
MATISONN |
|
First
Name |
MARK |
|
Other
Names |
None |
|
Marital
Status |
Married |
|
ID
Number |
7503055021089 |
|
Verified
ID Number |
Yes |
|
Current
Age |
37 |
|
Status |
Active |
|
Appointment
Date |
2005/08/15 |
|
Physical
Address (at time of Appointment) |
81
PROTEA ROAD, ATHOL, SANDTON, 2196 |
|
Postal
Address |
P
O |
|
Current
Tel Number |
0114477565 |
|
Cell
number |
0834477565 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No information on record
Business Information for MARK MATISONN
Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
RETAIL VENTURES
(PTY) LTD |
2003/029956/07 |
In Business |
9
Years 9 Months |
0 |
No |
|
|
SHAULA
INVESTMENTS (PTY) LTD |
K2011/107689/07 |
In Business |
1
Years 1 Months |
0 |
No |
|
|
FORGE GROUP (PTY)
LTD |
K2011/114736/07 |
In Business |
1
Years 1 Months |
0 |
No |
|
|
CALMRAY
INVESTMENTS (PTY) LTD |
K2012/018868/07 |
In Business |
0 |
0 |
No |
|
|
WESTBROOKE
CAPITAL PARTNERS (PTY) LTD |
M1999/015993/07 |
In Business |
13
Years 1 Months |
0 |
No |
|
|
WESTBROOKE
INVESTMENTS (PTY) LTD |
M2004/001258/07 |
In Business |
8
Years 8 Months |
0 |
No |
|
|
WESTBROOKE
SPECIAL OPPORTUNITIES (PTY) LTD |
M2004/001277/07 |
In Business |
8
Years 8 Months |
0 |
No |
|
|
CORICRAFT
GROUP (PTY) LTD |
M2005/014198/07 |
In Business |
7
Years 7 Months |
0 |
No |
|
|
FURNITURE
VENTURES (PTY) LTD |
M2005/014203/07 |
In Business |
7
Years 7 Months |
0 |
No |
|
|
REFLEX PROPERTY
PARTNERS (PTY) LTD |
M2005/033912/07 |
In Business |
7
Years 7 Months |
0 |
No |
|
|
MARBERRY
INVESTMENTS (PTY) LTD |
M2006/005759/07 |
In Business |
6
Years 6 Months |
0 |
No |
|
|
ALLIED
PUTZIGER (PTY) LTD |
M2006/010630/07 |
In Business |
6
Years 6 Months |
0 |
No |
|
|
F AND H MACHINE
TOOLS (PTY)LTD |
M2007/003092/07 |
In Business |
5
Years 5 Months |
0 |
No |
|
|
JADEWICK
INVESTMENTS (RF) (PTY) LTD |
M2007/003345/07 |
In Business |
5
Years 5 Months |
0 |
No |
|
|
VALLEYLIGHT
INVESTMENTS (PTY) LTD |
M2007/011512/07 |
In Business |
5
Years 5 Months |
0 |
No |
|
Principal Previous Business Interests
Average
Age of Previous Business 09
years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
FALCONVILLE
INVESTMENTS (PTY) LTD |
2007/027879/07 |
Deregistration
Final |
5 Years 5 Months |
0 |
No |
|
|
VENTUREWEB
CC |
B1998/013125/23 |
Conversion
CO/CC orCC/CO |
14
Years 2 Months |
0 |
No |
|
|
BUILDMAX
LTD |
M1995/012209/06 |
In
Business |
17
Years 5 Months |
0 |
No |
|
|
HOLGRE INVESTMENT
HOLDINGS (PTY)LTD |
M1996/000797/07 |
Deregistration
Final |
16
Years 4 Months |
0 |
No |
|
|
STUTTAFORDS
STORES (PTY) LTD |
M1998/002696/07 |
In
Business |
14
Years 2 Months |
1 |
No |
|
|
STAND
160 PECANWOOD (PTY) LTD |
M1999/027093/07 |
Deregistration
Final |
13
Years 1 Months |
0 |
No |
|
|
|
M2000/008582/07 |
In
Business |
|
2 |
No |
|
|
STUTTAFORDS
INTERNATIONAL FASHION COMPANY (PTY) LTD |
M2004/004471
/07 |
In
Business |
8 Years 8 Months |
0 |
No |
|
|
INCOLABS
(PTY)LTD |
M2004/019947/07 |
In
Business |
8 Years 8 Months |
0 |
No |
|
|
LORINGWOOD
INVESTMENTS (PTY) LTD |
M2005/029807/07 |
In
Business |
7 Years 7 Months |
0 |
No |
|
|
BUILDMAX BRICKS AND BLOCKS
(PTY)LTD |
M2007/003566/07 |
In
Business |
5 Years 5 Months |
0 |
No |
|
|
CAST
INDUSTRIES (PTY) LTD |
M2007/022665/07 |
In
Business |
5 Years 5 Months |
0 |
No |
|
Principal's
Deeds Information - No information on record
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.34 |
|
|
1 |
Rs.87.91 |
|
Euro |
1 |
Rs.70.57 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess SC’s credit risk and
to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.