|
Report Date : |
24.09.2012 |
IDENTIFICATION DETAILS
|
Name : |
MASSTORES
(PTY)LTD |
|
|
|
|
Registered Office : |
MASSMART
HOUSE, 16 PELTIER DRIVE,SUNNINGHILL EXT 6, SANDTON, 2196 |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
27.11.1991 |
|
|
|
|
Com. Reg. No.: |
M1991/006805/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
line of business
: |
Wholesale
Trade in Construction Material, Hardware, Plumbing and Heating Equipment |
|
|
|
|
No. of Employees : |
3000 |
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) |
|
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 Unemployment remains high and outdated infrastructure has constrained growth.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 |
MASSTORES
(PTY)LTD |
|
Country |
South
Africa |
|
Subject
Contact Person |
M
Julsin-Finance |
|
Assessment |
This
is a well-established and well -connected business. On investigation contact
was made with M Julsin who assisted us.This business has been in operation
for over 20 years.Masstores is a prominent wholesaler in Africa.Mrs M Julsin
requested the identity of the principal enquirer be made known before
providing us with further trade references.Please see the information
obtained below. |
|
Registered
Name |
MASSTORES
(PTY)LTD |
|
Trading
as/ Division Name |
Massmart |
|
Previous
Name |
Undisclosed |
|
Date
of Name Change |
Dec 7 1993 12:00AM |
|
Registration
Number |
M1991/006805/07 |
|
Registration
Date |
1991/11/27 |
|
Date
Commenced Trading |
1991 |
|
Age
of Business |
20
Years 10 Months |
|
History
of Business |
MASSTORES
(PTY)LTD was registered in November 1991 Masstores consists of the
Massdicounters and the Masswarehouse divisions of:Massmart - being the
divisions within which the Massmart Group conducts its businessMassdicounters
comprises a chain of retail discount stores trading under the
"Game" and "Dion" retail brands, which offers a wide
range of general merchandise,non-perishable groceries and cellular
products.Masswarehouse comprises the following 3 business entities:Tile
Warehouse - a chain of warehouse
outlets selling ceramic & other tiles and related products. The latter 2
warehouses operate through various stores located in various localised
geographic regions within the Gauteng & the North West provincesMakro - a
chain of large wholesale outlets selling a range of food, liquor, tobacco
products & general merchandise to commercially affiliated resellers and
upper-income end-consumers Builders Warehouse - a chain of warehouse outlets
that sells building materials supplies, hardware & related products |
|
History
of Principals |
Mr.
Ilan Zwarenstein, who has been Group Finance Executive since 2006.Mr. Ilan
Zwarenstein has been appointed as Finance Director, Director of Massmart
Holdings Ltd., effective 7 May 2012.Mr. GUY HAYWARD graduated from the
University of Cape Town in 1986 and, after serving articles with Deloitte
Haskins & Sells, qualified as a Chartered Accountant in 1989.He joined
Massmart as Group Financial Executive in 2000 and was appointed Chief
Financial Officer in 2001. Mr. GRANT PATTISON has since held various
positions within the Group, including Managing Director of Massdiscounters
and Group Commercial Executive. He joined the Executive Committee in 2000 and
the Board in 2004, becoming Deputy Chief Executive Officer in 2005, Chief
Executive Officer Designate in 2006 and Chief Executive Officer on 1 July
2007. |
|
Shareholders/Members/Partners
of subject and % holding |
MASSMART
HOLDING LTD (1940/014066/06) -100%LISTED ON THE JSE JULY 2000 |
|
Authorised
Share Capital |
R0.00 |
|
Issued
Share Capital/Members Contribution |
R0.00 |
|
Status |
In
Business |
|
Operations
Assessment |
The
company is involved in the retail of ceramic & other tiles and related
products |
|
Industry/
Customers |
Wholesalers
and the Public |
|
Export |
Yes |
|
Export
Countries |
|
|
Import |
|
|
Import
Countries |
|
|
Major
Industry Code / SICC |
61430 |
|
Definition
of Code |
WHOLESALE
TRADE IN CONSTRUCTION MATERIAL,HARDWARE,PLUMBING AND HEATING EQUIPMENT |
|
Head
Office Physical Address |
MASSMART
HOUSE, 16 PELTIER DRIVE,SUNNINGHILL EXT 6, SANDTON, 2196 |
|
Head
Office Postal Address |
Private
BagX4, Sunninghill, 2157 |
|
Current
Tel Number |
011
797 0000 /011 517 0000 |
|
Cell
Number |
Unavailable |
|
Current
Fax Number |
011
7970606 /011 517 0020 |
|
Current
Email Address |
|
|
Web
Site Address |
|
|
Comments |
Mr.MJ
Lamberti was unavailable to assist. |
|
Company Registered Name |
DELOITTE AND TOUCHE ACTUARIES AND CONSULTANTS |
|
Trading Name |
DELOITTE AND TOUCHE |
|
Registration Number |
1999/007618/07 |
|
Physical Address |
Deloitte Place,The Woodlands, 20 Woodlands Drive,Woodmead,
Sandton |
|
Postal Address |
PRIVATE BAG X6, GALLO AAANOR, 2052 |
|
Contact Person |
|
|
Contact Number |
011 806-5000 |
|
Email |
|
|
Principals |
2 |
|
Judgements Against Subject |
No information on file |
|
Judgements Against Principals |
No information on file |
|
Subject Verified as Client |
Yes |
|
Practice Number |
902276 |
|
VAT Number |
9645059644 |
|
Tax Number |
4460189394 |
|
BEE Status |
Unknown |
|
Financial Year End |
May |
|
No of years in Business |
20 |
|
Website |
|
|
Comment |
|
Previous
Auditors Information - No Information on Record
Black
Economic Empowerment
|
Status |
Yes |
|
Score |
1.00 |
|
Expire
Date |
Feb
27 2012 |
|
BEE
Certificate Available |
Yes |
|
Comment |
|
|
ISO
Status |
|
|
Type
of ISO Grade |
|
|
ISO
Certificate |
Yes |
|
ISO
Certificate Available |
Yes |
|
Certified
by an Accredited Agent |
Yes |
|
Comment |
Some
of the products stocked are ISO Certified |
|
Workman's
compensation |
|
|
Registered |
Yes |
|
Compliance
Certified |
Yes |
|
Comment |
|
Subsidiaries
|
Subsidiary
Company |
BUILDERS
WAREHOUSE (PTY)LTD |
|
Shareholding |
100% |
|
Registration
Number |
2002/017961/07 |
|
Import
/ Export |
UNDISCLOSED |
|
Comment |
|
|
|
|
|
Subsidiary
Company |
CELL-SHACK
(PTY)LTD |
|
Shareholding |
100% |
|
Registration
Number |
2005/010932/07 |
|
Import
/ Export |
UNDISCLOSED |
|
Comment |
|
|
|
|
|
Subsidiary
Company |
GAME
DISCOUNT WORLD (BOTSWANA) (PTY)LTD |
|
Shareholding |
100% |
|
Registration
Number |
UNDISCLOSED |
|
Import
/ Export |
UNDISCLOSED |
|
Comment |
|
|
|
|
|
Subsidiary
Company |
CLIDET
NO 484 (PTY)LTD |
|
Shareholding |
33.3% |
|
Registration
Number |
2003/022304/07 |
|
Import
/ Export |
|
|
Comment |
|
|
|
|
|
Subsidiary
Company |
GAME
DISCOUNT WORLD (MAURITIUS) (PTY)LTD |
|
Shareholding |
100% |
|
Registration
Number |
UNDISCLOSED |
|
Import
/ Export |
UNDISCLOSED |
|
Comment |
|
|
|
|
|
Subsidiary
Company |
GAME
DISCOUNT WORLD (NAMIBIA)(PTY)LTD |
|
Shareholding |
100% |
|
Registration
Number |
UNDISCLOSED |
|
Import
/ Export |
UNDISCLOSED |
|
Comment |
|
|
|
|
|
Subsidiary
Company |
GAMES
STORES (PTY)LTD |
|
Shareholding |
100% |
|
Registration
Number |
1925/008352/07 |
|
Import
/ Export |
UNDISCLOSED |
|
Comment |
|
|
|
|
|
Subsidiary
Company |
MASSDISCOUNTERS
(PTY)LTD |
|
Shareholding |
100% |
|
Registration
Number |
1971/010815/07 |
|
Import
/ Export |
UNDISCLOSED |
|
Comment |
|
|
|
|
|
Subsidiary
Company |
SIFIKILE
PROCUREMENT SERVICES (PTY)LTD |
|
Shareholding |
100% |
|
Registration
Number |
2003/012630/07 |
|
Import
/ Export |
UNDISCLOSED |
|
Comment |
|
|
|
|
|
Subsidiary
Company |
WILD
DEVELOPMENTS (PTY)LTD |
|
Shareholding |
100% |
|
Registration
Number |
1973/000178/07 |
|
Import
/ Export |
UNDISCLOSED |
|
Comment |
|
|
Employees |
|
|
Number
of Employees |
3000 |
|
1.
Salaried employees |
|
|
2.
Waged employees |
|
|
3.
Permanent employees |
|
|
4.
Casual employees |
|
|
5.
Contracted employees |
|
|
Comment |
|
Company
Fleet
|
Company
Fleet |
No
of vehicles: |
Ownerd/Leased |
Value |
Outstanding
Balance |
|
Fleet
Operations |
|
|
|
|
|
The
Fleet is made up of |
|
|||
|
Comment |
UNDISCLOSED |
|||
|
|
|
|
|
|
|
Offices |
Offices |
|
|
Head
Office Owned/ Rented |
Owned |
|
|
Rental
Company |
|
|
|
Owned
by |
|
|
|
Value |
|
|
|
Bond |
|
|
|
Bank |
|
|
|
Lease
Agreement |
|
|
|
Lease
Expire Date |
|
|
|
Type
of Premises |
|
|
|
Comment |
Across
Gauteng |
|
|
Branch
Information |
||
|
Branches
Names |
Country |
Province |
|
|
South
Africa |
|
|
Branch
Detail Information |
||
|
Branches
Owned/ Rented |
|
|
|
Rental
Company |
|
|
|
Owned
by |
|
|
|
Value |
|
|
|
Bond |
|
|
|
Bank |
|
|
|
Lease
Agreement |
|
|
|
Lease
Expire Date |
|
|
|
Type
of Premises |
|
|
|
Comment |
There
are branches countrywide |
|
|
Level |
Position |
Name |
Comment |
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 |
BUILDERS
WAREHOUSE |
011
797 0400 |
|
|
It
is against company policy to provide trade references |
Trade References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
|
|
|
|
|
|
|
Adverse Information on Subject
Judgements
|
Judgements |
No Information on Record |
||||
|
Possible Judgements |
2 |
||||
|
Civil Court |
No Information on Record |
||||
|
RDs |
No Information on Record |
||||
|
Comment |
No Information on Record |
||||
|
Business Rescue |
|||||
|
Date registered |
Business
rescue practitioner |
Contact
Information |
Details |
Comment |
|
|
|
None |
No
Information on Record |
No Information on
Record |
No
Information on Record |
|
Default Listings
|
Date |
Details |
Comment |
|
|
None |
No
Information on Record |
Notarial
Bonds
|
Date |
Details |
Comment |
|
|
None |
No
Information on Record |
|
Bank |
|
|
Branch |
|
|
Brach
Code |
|
|
Bank
Account Number |
|
|
Type
of Account |
|
|
Account
Name |
|
|
Overdraft
Facilities |
|
|
Bank
Code |
|
|
Bank
Comment |
|
Bank
Code History - No Information on Record
Previous
Bank Account Information - No Information on Record
Deeds
Information
Property
Interests for CompanyMASSTORES (PTY)LTD
|
Title
Deed No. |
TL17676/1999 |
Erf/Site
No. |
0 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
106
KESTREL LIFATENG TEMBISA |
|
Property
Type |
Freehold
/ Ervin |
Extent
/ Size |
266.0SQM |
|
Purchase
Date |
1993/10/07 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
|
|
Comment |
|
||
Financial
Estimates
|
CURRENT
ASSETS |
|
|
Stock |
|
|
Debtors |
|
|
FIXED
ASSETS |
|
|
Plant,
Equipment, Vehicles |
|
|
Property |
|
|
CURRENT
LIABILITIES |
|
|
Creditors |
|
|
Loans/
From? |
|
|
Loan
Details |
|
|
LONG
TERM LIABILITIES |
|
|
Morgage
Bonds |
|
|
Previous
Year Turnover |
|
|
Estimated
Current Year Turnover |
|
|
Current
Turnover per month |
|
|
Current
Turnover per annum |
R
53000000000.00 |
|
Comment |
The
audited statements of MASSMART HOLDINGS (PTY)LTD as at June 2012 |
|
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 |
Principal's
Adverse - No information on record
Business
Information fori LAN ZWARENSTEIN
Principal
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
MASSMART
HOLDINGS LTD |
M1940/014066/06 |
In
Business |
0 |
0 |
No |
|
|
EXCLUSIVE
ESTATE WINES (PTY)LTD |
M1971/009293/07 |
In
Business |
41
Years 5 Months |
0 |
No |
|
|
WILD DEVELOPMENTS
(PTY) LTD |
M1973/000178/07 |
In
Business |
39
Years 3 Months |
0 |
No |
|
|
MAKRO
SOUTHERN AFRICA (PTY)LTD |
M1980/006364/07 |
In
Business |
32
Years 8 Months |
0 |
No |
|
|
MASSTORES
(PTY) LTD |
M1991/006805/07 |
In
Business |
21
Years 9 Months |
0 |
No |
|
|
MASSMART
MANAGEMENT AND FINANCE COMPANY (PTY) LTD |
M1992/004084/07 |
In
Business |
20
Years 8 Months |
0 |
No |
|
|
MASSCASH
HOLDINGS (PTY) LTD |
M1997/014716/07 |
In
Business |
15
Years 3 Months |
0 |
No |
|
|
MASSBUILD
(PTY) LTD |
M2004/035206/07 |
In
Business |
8
Years 8 Months |
0 |
No |
|
|
BUILDERS
TRADE DEPOT (PTY)LTD |
M2006/023861/07 |
In
Business |
6
Years 6 Months |
0 |
No |
|
|
MASSFURN
(PTY) LTD |
M2008/029147/07 |
In
Business |
4
Years 4 Months |
0 |
No |
|
Principal's
Deeds Information - No information on record
Average
Age of Previous Business 14 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BENNY
GOLDBERG"S LIQUOR SUPERMARKET (PTY) LTD |
M1964/010178/07 |
In
Business |
|
0 |
No |
|
|
SHIELD
BUYING AND DISTRIBUTION (PTY) LTD |
M1984/011353/07 |
In
Business |
28
Years 4 Months |
1 |
No |
|
|
GRANT
THORNTON MANAGEMENT SERVICES (PTY)LTD |
M1989/006900/07 |
In
Business |
23
Years 11 Months |
0 |
No |
|
|
CELL-SHACK
(PTY)LTD |
M2005/010932/07 |
In
Business |
7
Years 7 Months |
0 |
No |
|
Principal
Previous Business Interests
|
Surname |
TUBB |
|
First
Name |
JANIS |
|
Other
Names |
PETA |
|
Marital
Status |
Married |
|
ID
Number |
7906170055082 |
|
Verified
ID Number |
Yes |
|
Current
Age |
33 |
|
Designation |
Secretaries |
|
Status |
Active |
|
Appointment
Date |
2009/10/01 |
|
Physical Address (at time of Appointment) |
135
INYATHI SANDS, LESLIE AVENUE, DOUGLASDALE, 8750 |
|
Postal
Address |
PRIVATE
BAG X 4, SUNNINGHILL, 8750 |
|
Current
Tel Number |
0115170000 |
|
Cell
number |
0836304393 |
|
Shareholding/Membership |
0.0000 |
Business
Information forJANIS TUBB
Principal
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
|
NELSPRUIT
CASH AND CARRY (PTY) LTD |
2002/011317/07 |
In Business |
10
Years 10 Months |
0 |
No |
|
|
|
POLOKWANE
CASH AND CARRY (PTY) LTD |
M1999/016451/07 |
In Business |
13
Years 1 Months |
0 |
No |
|
|
|
RUSTENBERG CASH AND
CARRY (PTY) LTD |
M2000/002039/07 |
In Business |
0 |
0 |
No |
|
|
|
SHEREWA
INVESTMENTS (PTY) LTD |
M2000/011411/07 |
In Business |
0 |
0 |
No |
|
|
|
VRYBURG
CASH AND CARRY (PTY) LTD |
M2000/021671/07 |
In Business |
0 |
0 |
No |
|
|
|
CAMBRIDGE
FOOD KZN (PTY)LTD |
M2000/025347/07 |
In Business |
0 |
0 |
No |
|
|
|
VEREENIGING
CASH AND CARRY (PTY) LTD |
M2002/011319/07 |
In Business |
10
Years 10 Months |
0 |
No |
|
|
|
BUILDERS
WAREHOUSE (PTY) LTD |
M2002/017961/07 |
In Business |
10
Years 10 Months |
0 |
No |
|
|
|
KLERKSDORP
CASH AND CARRY (PTY) LTD |
M2002/024538/07 |
In Business |
10
Years 10 Months |
0 |
No |
|
|
|
THABILETRADE
22 (PTY) LTD |
M2002/025395/07 |
In Business |
10
Years 10 Months |
0 |
No |
|
|
|
JERZY INVESTMENTS (PTY) LTD |
M2003/000413/07 |
In Business |
9
Years 9 Months |
0 |
No |
|
|
|
ZAHAAR
INVESTMENTS (PTY) LTD |
M2003/000796/07 |
In Business |
9
Years 9 Months |
0 |
No |
|
|
|
KIMBERLEY
CASH AND CARRY (PTY) LTD |
M2003/007483/07 |
In Business |
9
Years 9 Months |
0 |
No |
|
|
|
DD"S
CASH AND CARRY (PTY)LTD |
M2003/009915/07 |
In Business |
9
Years 9 Months |
0 |
No |
|
|
|
MASSMART
SERVICES (PTY)LTD |
M2003/011545/07 |
In Business |
9
Years 9 Months |
0 |
No |
|
|
|
CLIDET
NO 484 (PTY) LTD |
M2003/022304/07 |
In Business |
9
Years 9 Months |
0 |
No |
|
|
|
PRETORIA
WEST CASH AND CARRY (PTY) LTD |
M2004/006734/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
|
MASSMART EDUCATION FOUNDATION |
M2004/013295/08 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
|
JUMBO
COSMOS CASH AND CARRY (PTY) LTD |
M2004/015147/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
|
MASSBUILD
(PTY) LTD |
M2004/035206/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
|
SUNSHINE
POWERSAVE (PTY) LTD |
M2005/006692/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
|
SIMBALI
INVESTMENTS (PTY) LTD |
M2005/010844/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
|
CELL-SHACK (PTY)
LTD |
M2005/010932/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
|
AUTUMN
STAR TRADING 465 (PTY) LTD |
M2005/010953/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
|
MYSTIC
BLUE TRADING 62 (PTY) LTD |
M2005/018657/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
Principal
Previous Business Interest
Average
Age of Previous Business 28 Years
|
Company Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
EASTERN
FORESHORE INVESTMENTS LTD |
M1950/039136/06 |
In
Business |
62
Years 2 Months |
0 |
No |
|
|
HAZCLAR
INVESTMENTS (PTY) LTD |
M1962/002195/07 |
Dissolved |
50
Years 2 Months |
0 |
No |
|
|
FORTY
TWO QUEENS ROAD PARKTOWN (PTY) LTD |
M1974/001218/07 |
Dissolved |
38
Years 2 Months |
0 |
No |
|
|
SWISS
PARK (PTY)LTD |
M1981/003741/07 |
Dissolved |
31
Years 7 Months |
0 |
No |
|
|
UMEN
WHOLESALERS (PTY) LTD |
M1988/060219/07 |
Deregistration
Process |
|
0 |
No |
|
|
CCW
MARKETING (PTY) LTD |
M1990/002156/07 |
Deregistration
Process |
22
Years 10 Months |
0 |
No |
|
|
SWISS
RE ASSET MANAGEMENT (SA) LTD |
M1999/026781/06 |
Voluntary
Liquidation |
13
Years 1 Months |
0 |
Yes |
|
|
SIFIKILE PROCUREMENT
AND TRADING COMPANY (PTY) LTD |
M2001/014714/07 |
Deregistration
Process |
11
Years 11 Months |
0 |
No |
|
Principal's
Deeds Information - No information on record
|
Surname |
PATTISON |
|
First
Name |
GRANT |
|
Other
Names |
None |
|
Marital
Status |
Divorced |
|
ID
Number |
7103255765088 |
|
Verified
ID Number |
Yes |
|
Current
Age |
41 |
|
Designation |
Chief
Executive Officer |
|
Status |
Active |
|
Appointment
Date |
2005/05/02 |
|
Physical Address (at time of Appointment) |
20 CHESHAM ROAD, BRYANSTON, Gauteng, 2021 |
|
Postal
Address |
PRIVATE
BAG X3743, DURBAN, 4000 |
|
Current
Tel Number |
0115170000 |
|
Cell
number |
0827782222 |
|
Shareholding/Membership |
0.0000 |
Business
Information for GRANT PATTISON
Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
GAME
STORES (PTY) LTD |
M1925/008352/07 |
In Business |
87
Years 3 Months |
0 |
No |
|
|
MASSMART
HOLDINGS LTD |
M1940/014066/06 |
In Business |
0 |
0 |
No |
|
|
BENNY GOLDBERG'S LIQUOR SUPERMARKET (PTY) LTD |
M1964/010178/07 |
In Business |
0 |
0 |
No |
|
|
EXCLUSIVE
ESTATE WINES (PTY)LTD |
M1971/009293/07 |
In Business |
41
Years 5 Months |
0 |
No |
|
|
MASSDISCOUNTERS
(PTY) LTD |
M1971/010815/07 |
In Business |
41
Years 5 Months |
0 |
No |
|
|
WILD DEVELOPMENTS (PTY) LTD |
M1973/000178/07 |
In Business |
39
Years 3 Months |
0 |
No |
|
|
THE
DROP-INN GROUP OF LIQUOR SUPERMARKETS (PTY) LTD |
M1973/003297/07 |
In Business |
39
Years 3 Months |
0 |
No |
|
|
MAKRO
SOUTHERN AFRICA (PTY)LTD |
M1980/006364/07 |
In Business |
32
Years 8 Months |
0 |
No |
|
|
CONSUMER
GOODS COUNCIL OF SOUTH AFRICA |
M1982/006710/08 |
In Business |
30
Years 6 Months |
0 |
No |
|
|
MASSMART
TRADE (PTY) LTD |
M1983/001936/07 |
In Business |
29
Years 5 Months |
0 |
No |
|
|
MASSTORES
(PTY) LTD |
M1991/006805/07 |
In Business |
21
Years 9 Months |
0 |
No |
|
|
MASSCASH
HOLDINGS (PTY) LTD |
M1997/014716/07 |
In Business |
15
Years 3 Months |
0 |
No |
|
|
MASSMART EDUCATION FOUNDATION |
M2004/013295/08 |
In Business |
8
Years 8 Months |
0 |
No |
|
|
MASSBUILD
(PTY) LTD |
M2004/035206/07 |
In Business |
8
Years 8 Months |
0 |
No |
|
|
CELL-SHACK
(PTY) LTD |
M2005/010932/07 |
In Business |
7
Years 7 Months |
0 |
No |
|
|
BUILDERS
TRADE DEPOT (PTY)LTD |
M2006/023861/07 |
In Business |
6
Years 6 Months |
0 |
No |
|
|
LEGEND GOLF STAND 250 (PTY) LTD |
M2006/032157/07 |
In Business |
6
Years 6 Months |
0 |
No |
|
|
AAASSFURN |
M2008/029147/07 |
In Business |
4
Years 4 Months |
0 |
No |
|
|
(PTY) LTD |
|
|
|
|
|
|
Principal
Previous Business Interests
Average
Age of Previous Business 11 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CONSOLIDATED
NEWS AGENCY OPERATIONS (PTY) LTD |
M1964/004843/07 |
Deregistration
Final |
|
0 |
No |
|
|
SHIELD
BUYING AND DISTRIBUTION (PTY) LTD |
M1984/011353/07 |
In
Business |
28 Years 4 Months |
1 |
No |
|
|
JUMBO
CASH AND CARRY (PTY)LTD |
M1996/012181/07 |
In
Business |
16 Years 4 Months |
1 |
No |
|
|
FURNEX
STORES (PTY) LTD |
M2000/001176/07 |
In
Business |
|
0 |
No |
|
Principal's
Deeds Information - No information on record
GUY
HAYWARD
|
Surname |
HAYWARD |
|
First
Name |
GUY |
|
Other
Names |
NONE |
|
Marital
Status |
Married |
|
ID
Number |
6506045255080 |
|
Verified
ID Number |
Yes |
|
Current
Age |
47 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2001/03/01 |
|
Physical Address (at time of Appointment) |
45A
2ND AVE, INANDA, 2196 |
|
Postal
Address |
PRIVATE
BAG X4, SUNNINGHILL, 2156 |
|
Current
Tel Number |
0115170052 |
|
Cell
number |
0826005454 |
|
Shareholding/Membership |
0.0000 |
Business
Information forGUY HAYWARD
Principal
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
OLIFANTSVIEW
CC |
B1990/017798/23 |
In
Business |
22
Years 10 Months |
0 |
No |
|
|
THE
HILTON IAN SOCIETY |
M1928/001172/08 |
In
Business |
0 |
0 |
No |
|
|
MASSMART
HOLDINGS LTD |
M1940/014066/06 |
In
Business |
0 |
0 |
No |
|
|
MASSDISCOUNTERS
(PTY) LTD |
M1971/010815/07 |
In
Business |
41
Years 5 Months |
0 |
No |
|
|
THE
DROP-INN GROUP OF LIQUOR SUPERMARKETS (PTY) LTD |
M1973/003297/07 |
In
Business |
39
Years 3 Months |
0 |
No |
|
|
MAKRO
SOUTHERN AFRICA (PTY)LTD |
M1980/006364/07 |
In
Business |
32
Years 8 Months |
0 |
No |
|
|
MASSMART
TRADE (PTY) LTD |
M1983/001936/07 |
In
Business |
29
Years 5 Months |
0 |
No |
|
|
MASSTORES
(PTY) LTD |
M1991/006805/07 |
In
Business |
21
Years 9 Months |
0 |
No |
|
|
MASSMART
MANAGEMENT AND FINANCE COMPANY (PTY) LTD |
M1992/004084/07 |
In
Business |
20
Years 8 Months |
0 |
No |
|
|
BROWNS
AND WEIRS CASH AND CARRY HOLDINGS (PTY) LTD |
M1994/005692/07 |
In
Business |
18
Years 6 Months |
0 |
No |
|
|
MASSCASH
HOLDINGS (PTY) LTD |
M1997/014716/07 |
In
Business |
15
Years 3 Months |
0 |
No |
|
|
MATEKULA
LODGE 18 (PTY)LTD |
M2000/006188/07 |
In
Business |
0 |
0 |
No |
|
|
MASSMART
SERVICES (PTY)LTD |
M2003/011545/07 |
In
Business |
9
Years 9 Months |
0 |
No |
|
|
MASSMART EDUCATION FOUNDATION |
M2004/013295/08 |
In
Business |
8
Years 8 Months |
0 |
No |
|
|
BUILDERS
TRADE DEPOT (PTY)LTD |
M2006/023861/07 |
In
Business |
6
Years 6 Months |
0 |
No |
|
|
MASSFURN
(PTY) LTD |
M2008/029147/07 |
In
Business |
4
Years 4 Months |
0 |
No |
|
Principal
Previous Business Interests
Average
Age of Previous Business 17 Years
|
Company
Name |
Registration
No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
PORTION
2 OF ERF 24
INANDA
CC |
B1996/022901/23 |
Deregistration
Final |
16
Years 4 Months |
0 |
No |
|
|
SERVISTAR
(PTY)LTD |
M1948/031897/07 |
In
Business |
64
Years 4 Months |
0 |
No |
|
|
CONSOLIDATED
NEWS AGENCY OPERATIONS (PTY) LTD |
M1964/004843/07 |
Deregistration
Final |
|
0 |
No |
|
|
KABLAM
NO 14 (PTY) LTD |
M1969/005652/07 |
Deregistration
Final |
43
Years 7 Months |
0 |
No |
|
|
SHIELD
BUYING AND DISTRIBUTION (PTY) LTD |
M1984/011353/07 |
In
Business |
28
Years 4 Months |
1 |
No |
|
|
BROWNS
AND WEIRS CASH AND CARRY (PTY) LTD |
M1990/006395/07 |
In
Business |
22
Years 10 Months |
1 |
No |
|
|
JUTLAND
ESTATES (PTY) LTD |
M1991/005645/07 |
In
Business |
21
Years 9 Months |
0 |
No |
|
|
DE
LA REY 1001 BUILDING AAATERIALS (PTY) LTD |
M1994/000266/07 |
In
Business |
18
Years 6 Months |
0 |
No |
|
|
JUMBO
CASH AND CARRY (PTY)LTD |
M1996/012181/07 |
In
Business |
16
Years 4 Months |
1 |
No |
|
|
COBB
INTERNATIONAL (PTY) LTD |
M2000/000788/07 |
In
Business |
|
0 |
No |
|
|
FURNEX
STORES (PTY) LTD |
M2000/001176/07 |
In
Business |
|
0 |
No |
|
|
BUILDERS WAREHOUSE
(PTY)LTD |
M2002/017961/07 |
In
Business |
10
Years 10 Months |
0 |
No |
|
|
THABILETRADE
22
(PTY)
LTD |
M2002/025395/07 |
In
Business |
10
Years 10 Months |
0 |
No |
|
|
MASSBUILD
(PTY)LTD |
M2004/035206/07 |
In
Business |
8
Years 8 Months |
0 |
No |
|
|
CELL-SHACK
(PTY)LTD |
M2005/010932/07 |
In
Business |
7
Years 7 Months |
0 |
No |
|
Principal's
Deeds Information - No information on record
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.91 |
|
UK Pound |
1 |
Rs.87.60 |
|
Euro |
1 |
Rs.70.01 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.