MIRA INFORM REPORT

 

 

Report Date :

25.09.2012

 

 

 

IDENTIFICATION DETAILS

 

Name :

ACKERMANS LTD

 

 

Registered Office :

Production St, Kuils River, 7580,

 

 

Country :

South Africa

 

 

Date of Incorporation :

04.05.1921

 

 

Com. Reg. No.:

M1921/002170/06

 

 

Legal Form :

Private Company

 

 

Line of Business :

Retail in clothing

 

 

No. of Employees :

Not Available 

 

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 Unemployment remains high and outdated infrastructure has constrained growth.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

ACKERMANS LTD

Country

South Africa

Subject Contact Person

YOLANDA LOUW

Assessment

This is a well-established and well -connected business.

 

On investigation we made contact with the subject and we were referred to the Financial Manager YOLANDA LOUW who declined to assist with any information regarding the subject.

 

Mrs. LOUW requested to know who is the principal Enquirer. Please see the available information on the subject below.

 

 

Company information

 

Registered Name

ACKERMANS LTD

Trading as/ Division Name

ACKERMANS

Registration Number

M1921/002170/06

Registration Date

1921/05/04

Date Commenced Trading

1921-05-04

Age of Business

91 Years 4 Months

History of Business

The subject started as a new business in 1921

History of Principals

There currently 5 Active Directors within the company.

Authorised Share Capital

R0.00

Issued Share Capital/Members Contribution

R0.00

Status

In Business

Operations Assessment

Retail in clothing

Industry/ Customers

The Public.

Major Industry Code / SICC

6232

Head Office Physical Address

PRODUCTION ST, KUILS RIVER, 7580,

Head Office Postal Address

P O BOX 6100, PAROW EAST, 7501,

Current Tel Number

021 900 1000

Current Fax Number

021 903 6028

Current Email Address

ylouw@ackermans.co.za

Web Site Address

www.ackermans.co.za

 

 

Auditor information

 

Company Registered Name

PRICEWATERHOUSECOOPERS INC

Trading Name

PRICEWATERHOUSECOOPERS

Registration Number

M1998/012055/21

Physical Address

1 Water House PlaceCentury City

Postal Address

PO Box 2799CAPETOWN8000

Contact Person

AAAANDA

Contact Number

0215292000

Email

amanda.engelbreight®.za.pwc.com 

Principals

1

Subject Verified as Client

Yes

Practice Number

906670

VAT Number

4950174682

Tax Number

9343032844

Financial Year End

June

No of years in Business

3 Years

Website

www.pwc.co.za

 

 

Previous auditors

 

Company Name

Phone Number

Time with previous auditors

Comment

PRICE WATERHOUSE COOPER

 

14

 

 

 

Tax information

 

Vat Number

4140254626

Status

ACTIVE

Tax Number

9370415029

Financial Year End

June

 

 

Black Economic Empowerment Information - No Information on Record

 

ISO Information - No Information on Record

 

 

WORKMAN’s COMPENSATIONS

 

Registered

Yes

Compliance Certified

Yes

 


Company Structure

 

Subsidiaries Information - No Information on Record

 

Employees Information - No Information on Record

 

Company Fleet Information - No Information on Record

 

Offices Information - No Information on Record

 

Branch Information - No Information on Record

 

Management Overview

 

Organisational Chart - No Information on Record

Note: One level up and all levels down

 

Company Structure Information - No Information on Record

 

Key Deals - No Info rmation 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 Information - No Information on Record

 


Deeds Information

 

Property Interests for Company ACKERMANS LTD

 

Title Deed No.

T107917/2001

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

 

Property Type

Freehold / Ervin

Extent / Size

2.3664H

Purchase Date

2001/06/19

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

 

Principals

 

 

Number of Principals

5

Average Age of Active Principals

49

 

Active Principals Principal - 1of 5 RIAAN HANEKOM

Surname

HANEKOM

First Name

RIAAN

Marital Status

Married

ID Number

6911055023081

Verified ID Number

Yes

Current Age

43

Designation

BUSSINESMAN

Status

Active

Appointment Date

2009/06/17

Physical Address (at time of Appointment)

13 GEELBOS STREET, PROTEA VALLEY, 7560

Postal Address

P 0 BOX 6100, PAROW EAST, PAROW EAST, 7501

Current Tel Number

0214072427

Cell number

0834114534

Shareholding/Membership

0.0000

 

 

Adverse Information for RIAAN HANEKOM

 

Principal Judgement

 

Number of Judgements

0

Principal Debt Review

Debt review

No Information on Record

Other

Default data

No Information on Record

 

 

Business Information for RIAAN HANEKOM

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ACKERMANS LTD

M1921/002170/06

In Business

91 Years 7 Months

0

No

 

ACKERMANS (TRANSVAAL) LTD

M1926/008492/06

In Business

86 Years 2 Months

0

No

 

TOTS N TEENS CLOTHING (PTY) LTD

M1981/003196/07

In Business

31 Years 7 Months

0

No

 

ACKERMANS MANAGEMENT SERVICES (PTY)LTD

M1984/010534/07

In Business

28 Years 4 Months

0

No

 

PEPKOR RETAIL LIMITED LTD

M1986/003435/06

In Business

26 Years 2 Months

0

No

 

ACKERMANS (TRANSKEI) (PTY) LTD

M1990/060196/07

In Business

22 Years 10 Months

0

No

 

ACKERMANS (BOPHUTHATSWAN A) (PTY)LTD

M1991/070355/07

In Business

21 Years 9 Months

0

No

 

JUST KOR FASHION GROUP (PTY)LTD

M2006/015570/07

In Business

6 Years 6 Months

0

No

 

 

 

Principal's Deeds Information - No information on record

 

Principal - 2of 5 PIETER JOHANN ERASMUS

 

Surname

ERASMUS

First Name

PIETER JOHANN

Marital Status

Married

ID Number

6510025150089

Verified ID Number

Yes

Current Age

47

Designation

SAKEMAN

Status

Active

Appointment Date

2001/11/15

Physical Address (at time of Appointment)

8 HOHENHORT AVENUE, CONSTANTIA, 7600

Postal Address

P O BOX 6100, PAROW EAST, PAROW EAST, 7501

Current Tel Number

0219001000

Shareholding/Membership

0.0000

Adverse Information for PIETER JOHANN ERASMUS

 

Principal Judgement

 

 

Number of Judgements

0

Principal Debt Review

Debt review

No Information on Record

Other

Default data

No Information on Record

 

Business Information for PIETER JOHANN ERASMUS

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

GROCEHOLD (PTY) LTD

1990/003289/07

In Business

22 Years 10 Months

0

No

 

PEPKORFIN (PTY) LTD

M1980/003231/07

In Business

32 Years 8 Months

0

No

 

CAPFIN (PTY)LTD

M1980/005783/07

In Business

32 Years 8 Months

0

No

 

PEP FINANCE (PTY) LTD

M1983/010915/07

In Business

29 Years 5 Months

0

No

 

JOFANDER (PTY) LTD

M1984/002078/07

In Business

28 Years 4 Months

0

No

 

TULIP

INVESTMENTS 2 (PTY) LTD

M1984/009235/07

In Business

28 Years 4 Months

0

No

 

ROTRUSTFIN (PTY) LTD

M1984/009246/07

In Business

28 Years 4 Months

0

No

 

U-SAC (PTY)LTD

M1984/009342/07

In Business

28 Years 4 Months

0

No

 

PEP

VERVAARDIGING (PTY) LTD

M1985/005679/07

In Business

27 Years 3 Months

0

No

 

WMTWEE (PTY) LTD

M1986/000789/07

In Business

26 Years 2 Months

0

No

 

CASH-HOLD LTD

M1986/001922/06

In Business

26 Years 2 Months

0

No

 

PEPKOR RETAIL LIMITED LTD

M1986/003435/06

In Business

26 Years 2 Months

0

No

 

GARLICK DEPARTMENT STORES (PTY)LTD

M1988/004196/07

In Business

0

0

No

 

GARLICK HOLDINGS (PTY) LTD

M1988/005200/07

In Business

0

0

No

 

GARHOLD (PTY) LTD

M1990/003284/07

In Business

22 Years 10 Months

0

No

 

SHOE CITY (PTY) LTD

M1995/010615/07

In Business

17 Years 5 Months

0

No

 

 

SHOE CITY HOLDINGS (PTY) LTD

M1996/008674/07

In Business

16 Years 4 Months

0

No

 

KLEE INVESTMENTS (PTY) LTD

M1997/018029/07

In Business

15 Years 3 Months

0

No

 

SWANVEST 85 (PTY) LTD

M1998/004099/07

In Business

14 Years 2 Months

0

No

 

DUNNS STORES (PTY) LTD

M1998/007991/07

In Business

14 Years 2 Months

0

No

 

MANROTRADE FOUR (PTY)LTD

M2001/004514/07

In Business

11 Years 11 Months

0

No

 

FUTURE CELL (PTY) LTD

M2001/020946/07

In Business

11 Years 11 Months

0

No

 

FORMATIX TEN (PTY) LTD

M2001/021137/07

In Business

11 Years 11 Months

0

No

 

PEPKOR HOLDINGS LTD

M2003/020009/06

In Business

9 Years 9 Months

0

No

 

PEPKOR IP (PTY) LTD

M2004/014533/07

In Business

8 Years 8 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                        31 years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

JUDVEN CC

B1999/037548/23

Deregistration Final

13 Years 1 Months

1

No

 

PEPCLO LTD

M1953/001317/06

In Business

59 Years 11 Months

0

No

 

HALF PRICE STORES (SA) (PTY)LTD

M1958/000471/07

Deregistration Final

54 Years 6 Months

0

No

 

LEGAN

INTERNATIONAL (PTY) LTD

M1965/008465/07

Deregistration Final

47 Years 11 Months

0

No

 

PEP BUYING (PTY)LTD

M1966/001606/07

Deregistration Final

46 Years 10 Months

0

No

 

PEP STORES (PTY)LTD

M1967/000501/07

Deregistration Final

45 Years 9 Months

0

No

 

PEP STORES PENINSULA (PTY)LTD

M1969/002912/07

Deregistration Final

43 Years 7 Months

0

No

 

PEP STORES PENINSULA HOLDINGS LTD

M1973/012536/06

In Business

39 Years 3 Months

0

No

 

PRINTKOR (PTY)LTD

M1974/003641/07

In Business

38 Years 2 Months

0

No

 

PEP STORES

(BOPHUTHATSWANA)

LTD

M1978/070037/06

Deregistration Final

34 Years 10 Months

0

No

 

G E MANAGEMENT (PTY) LTD

M1981/007922/07

Deregistration Final

31 Years 7 Months

0

No

 

 

PEP STORES (KWAZULU) LTD

M1981/009541/06

Deregistration Final

31 Years 7 Months

0

No

 

PEPFIN (PTY)LTD

M1983/010967/07

Deregistration Final

29 Years 5 Months

0

No

 

PEP RETAIL (PTY)LTD

M1984/002042/07

In Business

28 Years 4 Months

0

No

 

ACKERMANS MANAGEMENT SERVICES (PTY)LTD

M1984/010534/07

In Business

28 Years 4 Months

0

No

 

PEPPROP (MITCHELL'S PLAIN) (PTY)LTD

M1985/000662/07

In Business

27 Years 3 Months

0

No

 

PEP STORES (QWA-QWA) LTD

M1985/005476/06

Deregistration Final

27 Years 3 Months

0

No

 

PEP STORES(VENDA) LTD

M1985/080083/06

Deregistration Final

27 Years 3 Months

0

No

 

PEP STORES (LEBOWA) (PTY) LTD

M1988/004760/07

Deregistration Final

 

0

No

 

PEP RETAIL (TRANSKEI) (PTY)LTD

M1988/060147/07

Deregistration Final

 

0

No

 

PEP REEF PROPERTIES (PTY) LTD

M1989/004910/07

In Business

23 Years 11 Months

0

No

 

PEP STORES (CISKEI) (PTY) LTD

M1989/091879/07

Deregistration Final

23 Years 11 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 3of 5 JACOBUS DU TOIT

Surname

DU TOIT

First Name

JACOBUS

Marital Status

Married

ID Number

6102055097081

Verified ID Number

Yes

Current Age

51

Designation

SAKEMAN

Status

Active

Appointment Date

2001/06/18

Physical Address (at time of Appointment)

7 ROOISUIKERKANT STREET, PRETEA VALLEY, BELLVILLE, 7530

Postal Address

PO BOX 6100, PAROWN EAST, 7501

Current Tel Number

0126430011

Cell number

0826683664

Shareholding/Membership

0.0000

 

 

Adverse Information forJACOBUS DU TOIT

 

Principal Judgement

 

Number of Judgements

1

Principal Debt Review

Debt review

No Information on Record

Other

Default data

No Information on Record

 


Business Information for JACOBUS DU TOIT

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

GROCEHOLD (PTY) LTD

1990/003289/07

In Business

22 Years 10 Months

0

No

 

PEPKOR

AAANUFACTURING LTD

M1969/009505/06

In Business

43 Years 7 Months

0

No

 

JEMADE FINANCING (PTY) LTD

M1970/001929/07

In Business

42 Years 6 Months

0

No

 

PEP SA LTD

M1972/010710/06

In Business

40 Years 4 Months

0

No

 

NEW DUNNS (PTY) LTD

M1972/013426/07

In Business

40 Years 4 Months

0

No

 

ULTIMO HOLDINGS (PTY) LTD

M1980/000294/07

In Business

32 Years 8 Months

0

No

 

PEPKORFIN (PTY) LTD

M1980/003231/07

In Business

32 Years 8 Months

0

No

 

CAPFIN (PTY)LTD

M1980/005783/07

In Business

32 Years 8 Months

0

No

 

PEPGRO LTD

M1983/001066/06

In Business

29 Years 5 Months

0

No

 

TULIP

INVESTMENTS 2 (PTY) LTD

M1984/009235/07

In Business

28 Years 4 Months

0

No

 

ROTRUSTFIN (PTY) LTD

M1984/009246/07

In Business

28 Years 4 Months

0

No

 

U-SAC (PTY)LTD

M1984/009342/07

In Business

28 Years 4 Months

0

No

 

CASH-HOLD LTD

M1986/001922/06

In Business

26 Years 2 Months

0

No

 

PEPKOR RETAIL LIMITED LTD

M1986/003435/06

In Business

26 Years 2 Months

0

No

 

GARLICK DEPARTMENT STORES (PTY)LTD

M1988/004196/07

In Business

0

0

No

 

GARLICK HOLDINGS (PTY) LTD

M1988/005200/07

In Business

0

0

No

 

GARHOLD (PTY) LTD

M1990/003284/07

In Business

22 Years 10 Months

0

No

 

 

SHOE CITY (PTY) LTD

M1995/010615/07

In Business

17 Years 5 Months

0

No

 

SHOE CITY HOLDINGS (PTY) LTD

M1996/008674/07

In Business

16 Years 4 Months

0

No

 

SWANVEST 85 (PTY) LTD

M1998/004099/07

In Business

14 Years 2 Months

0

No

 

DUNNS STORES (PTY) LTD

M1998/007991/07

In Business

14 Years 2 Months

0

No

 

AAANROTRADE FOUR (PTY)LTD

M2001/004514/07

In Business

11 Years 11 Months

0

No

 

FORMATIX TEN (PTY) LTD

M2001/021137/07

In Business

11 Years 11 Months

0

No

 

PEPKOR HOLDINGS LTD

M2003/020009/06

In Business

9 Years 9 Months

0

No

 

PEPKOR IP (PTY) LTD

M2004/014533/07

In Business

8 Years 8 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                    28 years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

TRADEGRO HOLDINGS LTD

M1921/006793/06

In Business

91 Years 7 Months

0

No

 

INTERHOLD LTD

M1938/010644/06

Deregistration Final

74 Years 2 Months

0

No

 

PEPKOR IT (PTY)LTD

M1946/022121/07

In Business

66 Years 6 Months

0

No

 

TIECORN (PTY)LTD

M1951/003172/07

Deregistration Final

61 Years 1 Months

2

No

 

GROTRUSTFIN (PTY) LTD

M1952/003123/07

Deregistration Final

 

0

No

 

LEON TRAUB INVESTMENTS (PTY) LTD

M1967/001805/07

Deregistration Final

45 Years 9 Months

0

No

 

GROCASH LTD

M1977/002046/06

Deregistration Final

35 Years 11 Months

0

No

 

SEPDU INVESTMENTS (PTY) LTD

M1979/002566/07

Deregistration Final

33 Years 9 Months

0

No

 

PORTHIGHFIN (PTY) LTD

M1980/007932/07

Deregistration Final

32 Years 8 Months

0

No

 

SUNDMAR (PTY)LTD

M1983/003706/07

Deregistration Final

29 Years 5 Months

0

No

 

SUNDEC (PTY)LTD

M1983/010415/07

Deregistration Final

29 Years 5 Months

0

No

 

TIECORN VIER (PTY) LTD

M1984/009224/07

Deregistration Final

28 Years 4 Months

0

No

 

GROTRUSTFIN TWEE (PTY) LTD

M1984/009225/07

Deregistration Final

28 Years 4 Months

0

No

 

ARKA HOLDINGS LTD

M1986/001385/06

Voluntary Liquidation

26 Years 2 Months

0

Yes

 

ARTHUR KAPLAN JEWELLERS (BOPHUTHATSWANA) (PTY) LTD

M1987/070329/07

Deregistration Final

25 Years 1 Months

0

No

 

FLICAPE (PTY)LTD

M1988/002826/07

In Business

 

0

No

 

TIECORN TWEE (PTY) LTD

M1988/006361/07

Deregistration Final

 

0

No

 

STUTTAFORDS STORES (PTY) LTD

M1998/002696/07

In Business

14 Years 2 Months

1

No

 

SWANVEST 93 (PTY) LTD

M1998/003866/07

Deregistration Final

14 Years 2 Months

0

No

 

SWANVEST 90 (PTY) LTD

M1998/003907/07

Deregistration Final

14 Years 2 Months

0

No

 

SWANVEST 92 (PTY) LTD

M1998/003921/07

Deregistration Final

14 Years 2 Months

0

No

 

SWANVEST 94 (PTY) LTD

M1998/003936/07

Deregistration Final

14 Years 2 Months

0

No

 

SWANVEST 89 (PTY) LTD

M1998/003943/07

Deregistration Final

14 Years 2 Months

0

No

 

SWANVEST 86 (PTY) LTD

M1998/004098/07

Deregistration Final

14 Years 2 Months

0

No

 

SWANVEST 87 (PTY) LTD

M1998/004100/07

Deregistration Final

14 Years 2 Months

0

No

 

 


Principal's Deeds Information - No information on record

 

 

Principal - 4of 5 CHARL CRONJE

Surname

CRONJE

First Name

CHARL

Marital Status

Married

ID Number

6001185065002

Verified ID Number

Yes

Current Age

52

Designation

Director

Status

Active

Appointment Date

1999/07/01

Physical Address (at time of Appointment)

41 DE VILLIERS AVENUE, VALMARY PARK, 7550

Postal Address

P O BOX 6100, PAROW EAST, 7501

Current Tel Number

0219001079

Cell number

0847076280

Shareholding/Membership

0.0000

 

 

Adverse Information for CHARL CRONJE

Principal Judgement

 

Number of Judgements

0

Principal Debt Review

Debt review

No Information on Record

Other

Default data

No Information on Record

 

Business Information for CHARL CRONJE

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

CHEEFPROPS 1047 CC

B1996/038845/23

Conversion CO/CC or CC/CO

16 Years 4 Months

0

No

 

ACKERMANS LTD

M1921/002170/06

In Business

91 Years 7 Months

0

No

 

PEPKOR RETAIL LIMITED LTD

M1986/003435/06

In Business

26 Years 2 Months

0

No

 

PEPKOR SA LTD

M1990/003289/06

In Business

22 Years 10 Months

0

No

 

JUST KOR FASHION GROUP (PTY)LTD

M2006/015570/07

In Business

6 Years 6 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                            28 years

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ACKERMANS MANAGEMENT SERVICES (PTY)LTD

M1984/010534/07

In Business

28 Years 4 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 5of 5 MICHAEL BARTENS

Surname

BARTENS

First Name

MICHAEL

Marital Status

Married

ID Number

5806105144088

Verified ID Number

Yes

Current Age

54

Designation

Director

Status

Active

Appointment Date

1994/05/30

Physical Address (at time of Appointment)

26 HANEPOOT CRESCENT, SONSTRAAL HEIGHTS, DURBANVILLE, 7550

Postal Address

P 0 BOX 6100, PAROW EAST, 7501

Current Tel Number

0219764239

Cell number

6555013013

Shareholding/Membership

0.0000

 

Adverse Information for MICHAEL BARTENS Principal Judgement

 

 

Number of Judgements

0

Principal Debt Review

Debt review

No Information on Record

Other

Default data

No Information on Record

 

 


Business Information for MICHAEL BARTENS

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ASTRADEALS172 CC

B2006/180421/23

In Business

6 Years 6 Months

3

No

 

ACKERMANS LTD

M1921/002170/06

In Business

91 Years 7 Months

0

No

 

PEPKOR RETAIL LIMITED LTD

M1986/003435/06

In Business

26 Years 2 Months

0

No

 

PEPKOR SA LTD

M1990/003289/06

In Business

22 Years 10 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

LEZMIN 1479 CC

B2002/023773/23

Deregistration Final

10 Years 10 Months

4

No

 

ACKERMANS MANAGEMENT SERVICES (PTY)LTD

M1984/010534/07

In Business

28 Years 4 Months

0

No

 

WALANT FINANCING (PTY) LTD

M1997/001229/07

Deregistration Final

15 Years 3 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 :

MNL

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

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

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                  Payment record (10%)

Credit history (10%)                   Market trend (10%)                                Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.