MIRA INFORM REPORT

 

 

Report Date :

01.04.2013

 

IDENTIFICATION DETAILS

 

Name :

RADIANT GROUP (PTY)LTD

 

 

Registered Office :

72, 5th Street, Wynberg Johannesburg

 

 

Country :

South Africa

 

 

Date of Incorporation :

12.09.2002

 

 

Reg. No.:

M2002/022677/07

 

 

Legal Form :

Private Limited

 

 

Line of Business :

Importer and distributor of lighting and electrical products, light fittings; lamps/light bulbs and electrical products

 

 

No. of Employees :

Not Available

 

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 :

Unknown

Litigation :

Clear

 

 

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2011)

Current Rating

(30.06.2012)

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 Unemployment remains high and outdated infrastructure has constrained growth.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

RADIANT GROUP (PTY)LTD

Country

South Africa

Subject Contact Person

LOUIS -FINANCIAL AAANAGER

Assessment

This is an established business.

 

On investigation contact was made with the subject and we were referred to the Financial Manager, MR LOUIS who declined to assist with any information.

 

MR LOUIS stated that the subject does not have any dealings in India and requested that the identity of the principal enquirer be made known.

 

All financial information, Banking details and Trade References were declined.

 

We are unable to recommend any credit dealings at this time.

 

Please see the available information on the subject below.

 

 

 

Company information

 

Registered Name

RADIANT GROUP (PTY)LTD

Trading as/ Division Name

RADIANT GROUP

Previous Name

None

Date of Name Change

None

Registration Number

M2002/022677/07

Registration Date

2002/09/12

Date Commenced Trading

2002-09-12

Age of Business

10 Years 2 Months

History of Business

The concern was started as a new company in 2002

History of Principals

There is currently one active Director within the company.

Shareholders/Members/Partners of subject and % holding

100%-SOUTH OCEAN HOLDINGS LIMITED

Authorised Share Capital

R 4000.00

Issued Share Capital/Members Contribution

R1000.00

Status

In Business

Operations Assessment

Importer and distributor of lighting and electrical products, light fittings; lamps/light bulbs and electrical products

Industry/ Customers

Monte casino - Four ways, Johannesburg Standard BankSpar - National franchises in South AfricaPick 'n Pay - National Stores across South AfricaRose bank Hotel - Rose bank, Johannesburg Hotels throughout Africa and in India

Export Countries

India

Major Industry Code / SICC

61909

Head Office Physical Address

72, 5th Street, WYNBERG JOHANNESBURG

Head Office Postal Address

PO Box 590, HIGHLANDS NORTH, 2037, JOHANNESBURG

Current Tel Number

011 3860000

Cell Number

None

Current Fax Number

011 4481428

Current Email Address

info@radiant.co.za

Web Site Address

www.radiant.co.za 

 

 

Auditor Information

 

Company Registered Name

PRICE WATERHOUSECOOPERS INC

Trading Name

PWC

Registration Number

1998/012055/21

Physical Address

2 EGLIN ROADSUNNINGHILL2157

Postal Address

PRIVATE BAG X36, SUNNINGHILL, 2157

Contact Person

VERA BOETES

Contact Number

0117974000

Email

vera.boetes@za.pwc.com

Principals

248

Subject Verified as Client

Yes

Practice Number

928526E

VAT Number

4950174682

Tax Number

9343032844

Financial Year End

June

No of years in Business

4

Website

www.pwc.co.za

 

Previous Auditors

Company Name

Phone Number

Time with previous auditors

Comment

GRANT THORNTON

 

Unknown

 

PKF(JHB) INC

 

Unknown

 

GRANT THORNTON KESSEL FEINSTEIN

 

Unknown

 

 

 

Tax Information

 

Vat Number

4940214036

Status

ACTIVE

Vat Liable Date

2004/07/01

Tax Number

9973174148

Tax Clearance Expire Date

 

Financial Year End

December

Comment

 

Black Economic Empowerment

Status

Yes

Score

6.00

Expire Date

May 22 2013

BEE Certificate Available

Yes

 

ISO Status

Type of ISO Grade

ISO 9001:2000

 

Workman's compensation

Registered

Yes

Compliance Certified

Yes

 

 

Company Structure

 

Subsidiaries Information - No Information on Record

Employees Information - No Information on Record

 

COMPANY FLEET

 

Company Fleet

No of vehicles:

Ownerd/Leased

Value

Outstanding Balance

Fleet Operations

 

 

 

 

The Fleet is made up of

20

Comment

 

Trucks

20

 

 

 

 

OFFICES

 

Offices

Offices

Head Office Owned/ Rented

Owned

Type of Premises

Offices ,two showrooms and 1 warehouse

Comment

 

Branch Information

Branches Names

Country

Province

RADIANT GROUP (PTY)LTD

South Africa

CAPE TOWN

RADIANT GROUP (PTY)LTD

South Africa

DURBAN

Branch Detail Information

Type of Premises

Offices, Showroom, Warehouse

 

Type of Premises

OFFICES AND WAREHOUSE

 

 

Management Overview

 

Organisational Chart - No Information on Record

 

Company Structure (Ownership)

 

Note: One level up and all levels down

 

Holding

Company

Sub

Comment

100%

RADIANT GROUP

 

 

 

 

Key Deals - No Information on Record

 

Trade References Information - No Information on Record

 

 

Adverse Information on Subject

 

·         Judgements - No information on record

Business Rescue - 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 - No information on record

 

 

Principals

 

Number of Principals

6

Average Age of Active Principals

42

Active Principals Principal - 1of 6 FARHAD ALLY

Surname

ALLY

First Name

FARHAD

Other Names

None

Marital Status

Single

ID Number

7312205003082

Verified ID Number

Yes

Current Age

39

 

 

 

 

Designation

BUSINESSMAN

Status

Active

Appointment Date

2011/08/17

Physical Address (at time of Appointment)

137 7TH AVENUE, MAYFAIR, 2001

Postal Address

P 0 BOX 42867, FORDSBURG, FORDSBURG, 2033

Current Tel Number

0113860000

Cell number

0834084715

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information forFARHAD ALLY

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

CHEMICAL ELEMENTS CC

B2005/024131/23

In Business

7 Years 7 Months

0

No

 

RADIANT GROUP (PTY) LTD

M2002/022677/07

In Business

10 Years 10 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business 2 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SSC JOYSPRING (PTY) LTD

M2010/005857/07

In Business

2 Years 2 Months

0

No

 

 

 

Principal Deeds Information - No information on record

 

P FERREIRA FERREIRA PAULO JOSE MONTE

 

Surname

FERREIRA PAULO JOSE MONTE

First Name

P FERREIRA

Other Names

None

Marital Status

Divorced

ID Number

6907105062087

Verified ID Number

Yes

Current Age

43

Designation

BUSINESSMAN

Status

Active

Appointment Date

2009/09/09

Physical Address (at time of Appointment)

UNIT 25, MANHATTAN ESTATES, 3 SKEEN BOULEVARD, BEDFORDVIEW, 2007

Postal Address

PO BOX 123738, ALRODE, ALRODE, ALBERTON, 1451

Current Tel Number

0118641606

Cell number

0827711466

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information forP FERREIRA FERREIRA PAULO JOSE MONTE

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SOUTH OCEAN ELECTRIC WIRE COMPANY (PTY) LTD

M1989/006650/07

In Business

23 Years 11 Months

0

No

 

STAND 431 WYNBERG (PTY) LTD

M1995/005467/07

In Business

17 Years 5 Months

0

No

 

DIASPARA DEVELOPERS (PTY) LTD

M1996/011790/07

In Business

16 Years 4 Months

0

No

 

LOHUISS A (PTY) LTD

M1998/011922/07

In Business

14 Years 2 Months

0

No

 

RADIANT LIGHTING (PTY) LTD

M1998/018683/07

In Business

14 Years 2 Months

0

No

 

RAZZMATAZZ LIGHTING (PTY) LTD

M1999/014108/07

In Business

13 Years 1 Months

0

No

 

RIPPLE EFFECT 55 (PTY) LTD

M2001/021658/07

In Business

11 Years 11 Months

0

No

 

WILD BREAK 116 (PTY) LTD

M2002/012912/07

In Business

10 Years 10 Months

0

No

 

RADIANT GROUP (PTY) LTD

M2002/022677/07

In Business

10 Years 10 Months

0

No

 

LOHUIS PROPERTIES (PTY) LTD

M2003/016258/07

In Business

9 Years 9 Months

0

No

 

STAND 53 ATLAS GARDENS (PTY)LTD

M2006/034176/07

In Business

6 Years 6 Months

0

No

 

ANCHOR PARK INVESTMENTS 48 (PTY) LTD

M2007/019480/07

In Business

5 Years 5 Months

0

No

 

RADIANT MATLA RENEWABLE ENERGY CORPORATION (PTY) LTD

M2009/023689/07

In Business

3 Years 3 Months

0

No

 

BUSTQUE 419 (PTY) LTD

M2010/022978/07

In Business

2 Years 2 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business 4 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SOUTH OCEAN HOLDINGS LTD

M2007/002381106

In Business

5 Years 5 Months

0

No

 

SPECTRAX (PTY)LTD

M2008/016824/07

In Business

4 Years 4 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 3of 6 WHITNEY GREEN

Surname

GREEN

First Name

WHITNEY

Other Names

None

Marital Status

Married

ID Number

4906065041083

Verified ID Number

Yes

Current Age

63

Designation

Director

Status

Active

Appointment Date

2008/05/15

Physical Address (at time of Appointment)

3 ELANDSFONTEIN STREET, HELDERKRUIN EXT 7, ROODEPOORT, 1724

Postal Address

P OBOX261813, EXCOM, 2023

Current Tel Number

0117280255

Cell number

3351175199

Shareholding/Membership

0.0000

 

Business Information forWHITNEY GREEN

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

151 SABIEPARK CC

B1996/006996/23

In Business

16 Years 4 Months

0

No

 

YONBOR NOMINEES (PTY) LTD

M1994/010056/07

In Business

18 Years 6 Months

0

No

 

STAND 431 WYNBERG (PTY) LTD

M1995/005467/07

In Business

17 Years 5 Months

0

No

 

DIASPARA DEVELOPERS (PTY) LTD

M1996/011790/07

In Business

16 Years 4 Months

0

No

 

CENTRIQ INSURANCE COMPANY (RF) LTD

M1998/007558/06

In Business

14 Years 2 Months

0

No

 

ARMOUR SYSTEMS AND PROJECTS (PTY) LTD

M1998/008733/07

In Business

14 Years 2 Months

0

No

 

FSA FORENSICS (PTY) LTD

M1998/008958/07

In Business

14 Years 2 Months

0

No

 

LOHUISS A (PTY) LTD

M1998/011922/07

In Business

14 Years 2 Months

0

No

 

NOVA RISK PARTNERS LTD

M1998/011947/06

In Business

14 Years 2 Months

0

No

 

RADIANT LIGHTING (PTY) LTD

M1998/018683/07

In Business

14 Years 2 Months

0

No

 

GLOBAL CAPITAL (PTY) LTD

M1998/022057/07

In Business

14 Years 2 Months

0

No

 

EMERALD RISK TRANSFER (PTY) LTD

M1998/025512/07

In Business

14 Years 2 Months

0

No

 

SHOWTIME MANAGEMENT (PTY) LTD

M1999/001985/07

In Business

13 Years 1 Months

0

No

 

RAZZMATAZZ LIGHTING (PTY) LTD

M1999/014108/07

In Business

13 Years 1 Months

0

No

 

RANDPARK GOLF DRIVING RANGE (PTY) LTD

M2000/007192/07

In Business

0

0

No

 

CENTRIQ INSURANCE HOLDINGS LTD

M2000/017936/06

In Business

0

0

No

 

RIPPLE EFFECT 55 (PTY) LTD

M2001/021658/07

In Business

11 Years 11 Months

0

No

 

SELLDIRECT AAARKETING (PTY) LTD

M2001/029153/07

In Business

11 Years 11 Months

0

No

 

WILD BREAK 116 (PTY) LTD

M2002/012912/07

In Business

10 Years 10 Months

0

No

 

RADIANT GROUP (PTY) LTD

M2002/022677/07

In Business

10 Years 10 Months

0

No

 

ARMOUR SYSTEMS AND PROJECTS PROPERTIES (PTY) LTD

M2003/012960/07

In Business

9 Years 9 Months

0

No

 

LOHUIS PROPERTIES (PTY) LTD

M2003/016258/07

In Business

9 Years 9 Months

0

No

 

PACOL

INVESTMENTS (RF) (PTY) LTD

M2003/020887/07

In Business

9 Years 9 Months

0

No

 

HCS HOME AND CATERING SUPPLIERS (PTY) LTD

M2004/008965/07

In Business

8 Years 8 Months

0

No

 

DU PONT TELECOM PROPERTIES (PTY) LTD

M2005/002311/07

In Business

7 Years 7 Months

0

No

 

 

 

Principal Previous Business Interest

 

Average Age of Previous Business           7 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

45 IMBEZANE DRIVE (PTY) LTD

M1991/003803/07

Deregistration Final

21 Years 9 Months

0

No

 

BASFOUR 429 LTD

M1994/002641/06

Deregistration Final

18 Years 6 Months

0

No

 

MELROSE PLACE INVESTMENTS LTD

M1995/005170/06

Deregistration Final

17 Years 5 Months

0

No

 

SIB ASSET MANAGEMENT (PTY) LTD

M1999/000800/07

Deregistration Final

13 Years 1 Months

0

No

 

SIB ADVISORY SERVICES (PTY)LTD

M1999/002050/07

In Business

13 Years 1 Months

0

No

 

ACTIVEST THREE (PTY) LTD

M1999/012390/07

Deregistration Final

13 Years 1 Months

0

No

 

MERXTEAM S A (PTY) LTD

M1999/027885/07

Deregistration Final

13 Years 1 Months

0

No

 

BUXOLA (PTY)LTD

M2000/004885/07

In Business

 

0

No

 

FAMILY GOLF CENTRE (PTY) LTD

M2000/005955/07

In Business

 

0

No

 

INVESTEC PRIVATE EQUITY AAANAGEMENT (IRELAND) LTD INCORPORATED IN IRELAND

M2000/008784/10

Deregistration Final

 

0

No

 

ANGARA INVESTMENTS (PTY) LTD

M2000/012568/07

In Business

 

0

No

 

DALENKOR SEWE (PTY) LTD

M2000/019445/07

Deregistration Final

 

0

No

 

BRENNCO FEED MILLS (PTY) LTD

M2000/019820/07

Voluntary Liquidation

 

0

Yes

 

CAPITAL ALLIANCE INVESTMENT HOLDINGS (PTY)LTD

M2000/020570/07

In Business

 

0

No

 

BCE OLDCO TRF TO UNI (NOV 2010) (PTY) LTD

M2000/021159/07

In Business

 

0

No

 

CAPITAL ALLIANCE SPECIAL FINANCE (PTY) LTD

M2001/016883/07

In Business

11 Years 11 Months

0

No

 

MOSSELBERG ON GROTTO BEACH (PTY) LTD

M2002/002857/07

In Business

10 Years 10 Months

0

No

 

CAPANCE PROPERTIES TWO (PTY)LTD

M2002/002864/07

Deregistration Final

10 Years 10 Months

0

No

 

MORESKILL (PTY)LTD

M2002/006838/07

In Business

10 Years 10 Months

0

No

 

NO 4 PINNACLES PROPERTIES AND INVESTMENTS (PTY) LTD

M2002/007487/07

In Business

10 Years 10 Months

0

No

 

SOLGEN DESIGN (PTY) LTD

M2002/014392/07

In Business

10 Years 10 Months

0

No

 

DU PONT TELECOM (PTY) LTD

M2005/002307/07

In Business

7 Years 7 Months

0

No

 

PILOT CRUSHTEC (SA) (PTY) LTD

M2005/002689/07

In Business

7 Years 7 Months

0

No

 

ALTIRAH ALTERNATIVE INVESTMENT MANAGEMENT (PTY) LTD

M2005/014498/07

Deregistration Final

7 Years 7 Months

0

No

 

 

Principal's Deeds Information - No information on record

EDWARD PAN

 

Surname

PAN

First Name

EDWARD

Other Names

None

Marital Status

Married

ID Number

4708065251187

Verified ID Number

Yes

Current Age

0

Designation

BUSINESSMAN

Status

Active

Appointment Date

2007/08/12

Physical Address (at time of Appointment)

25 MANHATTAN SKEEN BOULEVARD, BEDFORDVIEW, 2007

Postal Address

P 0 BOX 2707, KING WILLIAMS TOWN, 5600

Current Tel Number

0118641606

Cell number

0825555576

Shareholding/Membership

0.0000

 

Business Information forEDWARD PAN

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

STAND 431 WYNBERG (PTY) LTD

M1995/005467/07

In Business

17 Years 5 Months

0

No

 

DIASPARA DEVELOPERS (PTY) LTD

M1996/011790/07

In Business

16 Years 4 Months

0

No

 

LOHUISS A (PTY) LTD

M1998/011922/07

In Business

14 Years 2 Months

0

No

 

RADIANT LIGHTING (PTY) LTD

M1998/018683/07

In Business

14 Years 2 Months

0

No

 

RAZZAAATAZZ LIGHTING (PTY) LTD

M1999/014108/07

In Business

13 Years 1 Months

0

No

 

RIPPLE EFFECT 55 (PTY) LTD

M2001/021658/07

In Business

11 Years 11 Months

0

No

 

WILD BREAK 116 (PTY) LTD

M2002/012912/07

In Business

10 Years 10 Months

0

No

 

RADIANT GROUP (PTY) LTD

M2002/022677/07

In Business

10 Years 10 Months

0

No

 

SOUTH OCEAN HOLDINGS LTD

M2007/002381/06

In Business

5 Years 5 Months

0

No

 

ANCHOR PARK INVESTMENTS 48 (PTY) LTD

M2007/019480/07

In Business

5 Years 5 Months

0

No

 

RADIANT MATLA RENEWABLE ENERGY CORPORATION (PTY) LTD

M2009/023689/07

In Business

3 Years 3 Months

0

No

 

 

Principal Previous Business Interest

 

Average Age of Previous Business           16 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

LUCKY PLACE CC

B1994/008819/23

In Business

18 Years 6 Months

0

No

 

SOUTH OCEAN ELECTRIC WIRE COMPANY (PTY)LTD

M1989/006650/07

In Business

23 Years 11 Months

0

No

 

LOHUIS PROPERTIES (PTY) LTD

M2003/016258/07

In Business

9 Years 9 Months

0

No

 

 

Principal - 5of 6 JACOBUS BEKKER

Surname

BEKKER

First Name

JACOBUS

Other Names

None

Marital Status

Married

ID Number

5608075017082

Verified ID Number

Yes

Current Age

56

Designation

BUSINESSMAN

Status

Active

Appointment Date

2007/08/12

Physical Address (at time of Appointment)

30 VAN DER WALT CRESCENT, MEYERSDAL, 1448

Postal Address

PO BOX 123738, ALRODE, ALRODE, ALBERTON, 1451

Current Tel Number

0113860000

Cell number

0828988643

Shareholding/Membership

0.0000

 

Business Information forJACOBUS BEKKER

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ELEMENTS PRIVATE GOLF ESTATE STAND 286 (PTY) LTD

2006/008822/07

In Business

6 Years 6 Months

0

No

 

SOUTH OCEAN ELECTRIC WIRE COMPANY (PTY) LTD

M1989/006650/07

In Business

23 Years 11 Months

0

No

 

STAND 431 WYNBERG (PTY) LTD

M1995/005467/07

In Business

17 Years 5 Months

0

No

 

DIASPARA DEVELOPERS (PTY) LTD

M1996/011790/07

In Business

16 Years 4 Months

0

No

 

SAKHABANTU TRAINING

M1997/005766/08

In Business

15 Years 3 Months

0

No

 

LOHUISS A (PTY) LTD

M1998/011922/07

In Business

14 Years 2 Months

0

No

 

RADIANT LIGHTING (PTY) LTD

M1998/018683/07

In Business

14 Years 2 Months

0

No

 

RAZZMATAZZ LIGHTING (PTY) LTD

M1999/014108/07

In Business

13 Years 1 Months

0

No

 

RIPPLE EFFECT 55 (PTY) LTD

M2001/021658/07

In Business

11 Years 11 Months

0

No

 

WILD BREAK 116 (PTY) LTD

M2002/012912/07

In Business

10 Years 10 Months

0

No

 

RADIANT GROUP (PTY) LTD

M2002/022677/07

In Business

10 Years 10 Months

0

No

 

LOHUIS PROPERTIES (PTY) LTD

M2003/016258/07

In Business

9 Years 9 Months

0

No

 

STAND 53 ATLAS GARDENS (PTY)LTD

M2006/034176/07

In Business

6 Years 6 Months

0

No

 

SOUTH OCEAN HOLDINGS LTD

M2007/002381/06

In Business

5 Years 5 Months

0

No

 

ANCHOR PARK INVESTMENTS 48 (PTY) LTD

M2007/019480/07

In Business

5 Years 5 Months

0

No

 

RADIANT AAATLA RENEWABLE ENERGY CORPORATION (PTY) LTD

M2009/023689/07

In Business

3 Years 3 Months

0

No

 

BUSTQUE 419 (PTY) LTD

M2010/022978/07

In Business

2 Years 2 Months

0

No

 

 

Principal Previous Business Interest

 

Average Age of Previous Business           15 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PDB FINANCIAL SERVICES (E L) CC

B1991/005132/23

In Business

21 Years 9 Months

0

No

 

PDB FINANCIAL SERVICES CC

B1994/027672/23

Deregistration Final

18 Years 6 Months

0

No

 

DN AND PDB PROPERTIES CC

B1996/052973/23

In Business

16 Years 4 Months

0

No

 

RENGEN CC

B1997/062866/23

Deregistration Final

15 Years 3 Months

0

No

 

MOORE STEPHENS PDB INC

M1997/002064/21

In Business

15 Years 3 Months

0

No

 

GENERAL COPPER CABLES (PTY)LTD

M2001/008624/07

Deregistration Final

11 Years 11 Months

0

No

 

MABULA CABLE SUPPLIES (PTY)LTD

M2001/008813/07

Deregistration Final

11 Years 11 Months

0

No

 

 

Principal - 6of 6 GERARD PILLAY

Surname

PILLAY

First Name

GERARD

Other Names

None

Marital Status

Married

ID Number

5812235164087

Verified ID Number

Yes

Current Age

54

Designation

Director

Status

Active

Appointment Date

2005/11/21

Physical Address (at time of Appointment)

3 RENE PLACE, GLEN ATHOL, 2090

Postal Address

P O BOX 590, HIGHLANDS NORTH, 2037

Current Tel Number

0113860000

Cell number

0827741154

Shareholding/Membership

0.0000

 

Business Information for GERARD PILLAY

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

LOHUISS A (PTY) LTD

M1998/011922/07

In Business

14 Years 2 Months

0

No

 

AAASTERPROPS 340 (PTY) LTD

M2000/015526/07

In Business

0

0

No

 

RADIANT GROUP (PTY) LTD

M2002/022677/07

In Business

10 Years 10 Months

0

No

 

LOHUIS PROPERTIES (PTY) LTD

M2003/016258/07

In Business

9 Years 9 Months

0

No

 

 

Principal Previous Business Interest

 

Average Age of Previous Business           22 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SOUTHERN RETREAT CC

B1990/021783/23

Deregistration Final

22 Years 10 Months

0

No

 

 

Principal's Deeds Information - No information on record


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.39

UK Pound

1

Rs.82.32

Euro

1

Rs.69.54

 

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.