|
Report Date : |
03.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
ARYSTA LIFESCIENCE SOUTH AFRICA (PTY)LTD |
|
|
|
|
Registered Office : |
7 Sunbury Crescent, (Off Douglas Saunders Drive), Sunbury
Park - La Lucia Ridge Office Estate, La Lucia Ridge, 4019 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
14.10.2009 |
|
|
|
|
Com. Reg. No.: |
M2009/019713/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Research and development of a worldwide a range of
market-leading insecticides, fungicides, herbicides, soil fumigants, plant
growth regulators and nutrition enhancers |
|
|
|
|
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 : |
Usually Correct |
|
|
|
|
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 (31.03.2012) |
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 Unemployment remains high and outdated infrastructure has constrained growth.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 |
ARYSTA LIFESCIENCE SOUTH AFRICA (PTY)LTD |
|
Country |
South Africa |
|
Subject Contact Person |
ADELENE ALESIN - 0315145600 |
|
Assessment |
This is a well-established and well -connected business. On investigation contact was made with ADELENE ALESIN the financial manager who declined to assist with the company information. It's within the company's policy to not disclose any company information to any third party. Please see the available information below. |
|
Registered Name |
ARYSTA LIFESCIENCE SOUTH AFRICA (PTY)LTD |
|
Trading as/ Division Name |
None |
|
Previous Name |
Unavailable |
|
Date of Name Change |
Mar 29 2010 12:00AM |
|
Registration Number |
M2009/019713/07 |
|
Registration Date |
2009/10/14 |
|
Date Commenced Trading |
2009-10-14 |
|
Age of Business |
3 Years 5 Months |
|
History of Business |
The subject was established as a new business in 2009 and operations commenced immediately. It underwent a name change in September 2010. |
|
Authorised Share Capital |
R1000.00 |
|
Issued Share Capital/Members Contribution |
R 100.00 |
|
Status |
In Business |
|
Operations Assessment |
Research and development of a worldwide a range of market-leading insecticides, fungicides, herbicides, soil fumigants, plant growth regulators and nutrition enhancers. |
|
Industry/ Customers |
Public and Private etc. |
|
Import |
Yes |
|
Import Countries |
Japan |
|
Major Industry Code / SICC |
88930 |
|
Definition of Code |
Building and industrial plant cleaning activities |
|
Head Office Physical Address |
7 SUNBURY CRESCENT, (OFF DOUGLAS SAUNDERS DRIVE), SUNBURY PARK - LA
LUCIA RIDGE OFFICE ESTATE, LA LUCIA RIDGE, 4019 |
|
Head Office Postal Address |
PO BOX 1726, MOUNT EDGECOMBE, 4300 |
|
Current Tel Number |
0315145600 |
|
Cell Number |
0827712712 |
|
Current Fax Number |
0315145612 |
|
Current Email Address |
Unavailable |
|
Web Site Address |
|
Company Registered Name |
ERNST AND YOUNG INC |
|
Trading Name |
ERNST AND YOUNG |
|
Registration Number |
M2005/002308/21 |
|
Physical Address |
WANDERERS OFFICE PARK, 52 CORLETT DRIVE, ILLOVO, 2196 |
|
Postal Address |
P 0 BOX 2322, JOHANNESBURG, 2000 |
|
Contact Person |
MAHARAJ |
|
Contact Number |
0315768055 |
|
Email |
Unavailable |
|
Principals |
72 |
|
Judgements Against Subject |
None |
|
Judgements Against Principals |
None |
|
Subject Verified as Client |
Yes |
|
Practice Number |
908215 |
|
VAT Number |
4280230949 |
|
Tax Number |
9414606153 |
|
Financial Year End |
June |
|
No of years in Business |
3 |
|
Website |
Previous Auditors
|
Company Name |
Phone Number |
Time with previous auditors |
Comment |
||
|
LSG INTEGRATED |
|
Unknown |
|
||
|
Vat Number |
4690254075 |
|
|||
|
Status |
ACTIVE |
|
|||
|
Vat Liable Date |
2009/10/16 |
|
|||
|
Tax Number |
9604364167 |
|
|||
|
Tax Clearance Expire Date |
|
|
|||
|
Financial Year End |
December |
|
|||
|
Comment |
|
|
|||
Black Economic
Empowerment
|
Status |
No |
|
Score |
|
|
Expire Date |
|
|
BEE Certificate Available |
|
|
Comment |
|
ISO Information - No
Information on Record
Work Mans Information
- No Information on Record
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
Organisation Chart
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
CEO |
FABIO TORRETTA |
|
|
|
|||
|
2 |
COO |
PAUL DE GRYSE |
|
|
|
|||
|
3 |
COMMERCIAL DIRECTOR |
JAN BOTHA |
|
|
|
|||
|
4 |
DIRECTOR |
MARCEL DREYER |
|
|
|
|||
|
4 |
DIRECTOR |
JOHN BARNES |
|
Company Structure Information - No Information on Record
Note: One level up and all levels down
Key Deals - No Information on Record
Trade References Information - No Information on Record
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
|
Number of Principals |
6 |
|
Average Age of Active Principals |
49 |
Active Principals Principal - 1of 5 JAN BOTHA
|
Surname |
BOTHA |
|
First Name |
JAN |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
5510185018085 |
|
Verified ID Number |
Yes |
|
Current Age |
58 |
|
Designation |
COMMERCIAL DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2012/03/12 |
|
Physical Address (at time of Appointment) |
5 MADELEINE DRIVE, BALLITO, 4399 |
|
Postal Address |
P 0 BOX 1726, MOUNT EDGECOMBE, 4300 |
|
Current Tel Number |
|
|
Cell number |
|
|
Shareholding/Membership |
0.0000 |
Principal's Adverse -
No information on record
Business Information
for JAN BOTHA
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
NOVON-PROTECTA (PTY) LTD |
M1994/001345/07 |
In Business |
19 Years 1 Months |
0 |
No |
|
|
NEXUSAG (PTY)LTD |
M1999/020667/07 |
In Business |
13 Years 6 Months |
0 |
No |
|
|
NOVON RETAIL COMPANY (PTY) LTD |
M2001/023440/07 |
In Business |
11 Years 5 Months |
0 |
No |
|
|
ARYSTA LIFESCIENCE SOUTH AFRICA (PTY) LTD |
M2009/019713/07 |
In Business |
3 Years 5 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 |
|
CALLIETHA INVESTMENTS (PTY) LTD |
1999/017961/07 |
In Business |
13 Years 7 Months |
0 |
No |
|
|
VOLCANO AGROSCIENCE (PTY) LTD |
M2000/004551/07 |
In Business |
13 Years |
0 |
No |
|
|
SAN LAMEER VILLA 2540 CC |
B1996/036302/23 |
In Business |
16 Years 8 Months |
0 |
No |
|
|
ARGOS LIFESCIENCE (PTY) LTD |
M1987/002723/07 |
In Business |
25 Years 9 Months |
0 |
No |
|
|
SAN LAMEER VILLA 124-08 CC |
B1996/049343/23 |
Conversion CO/CC orCC/CO |
16 Years 5 Months |
0 |
No |
|
|
ISK BIOSCIENCES PRODUCTS |
M1983/001179/10 |
Deregistration Final |
30 Years 1 Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
Principal - 2of 5
FABIO TORRETTA
|
Surname |
TORRETTA |
|
First Name |
FABIO |
|
ID Number |
6207170000000 |
|
Verified ID Number |
No |
|
Current Age |
51 |
|
Designation |
CHIEF EXECUTIVE OFFICER |
|
Status |
Active |
|
Appointment Date |
2011/05/01 |
|
Physical Address (at time of Appointment) |
7 UTICA VALLEY, SOUTHERN HILLS, UTICA VALLEY- GATE6, MOUNT EDGECOMBE,
4301 |
|
Postal Address |
P O BOX 1726, MOUNT EDGECOMBE, 4300 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse -
No information on record
Business Information for
FABIO TORRETTA
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ARYSTA LIFESCIENCE SOUTH AFRICA (PTY) LTD |
M2009/019713/07 |
In Business |
3 Years 5 Months |
0 |
No |
|
|
ANCHORPROPS 39 (PTY) LTD |
M2000/000879/07 |
In Business |
13 Years 2 Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
Principal - 3of 5
MARCEL DREYER
|
Surname |
DREYER |
|
First Name |
MARCEL |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
6604045020081 |
|
Verified ID Number |
Yes |
|
Current Age |
47 |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2010/09/22 |
|
Physical Address (at time of Appointment) |
24 BENDOR AVENUE, OVERKRUIN, HEIDELBERG, GAUTENG, 1441 |
|
Postal Address |
P 0 BOX 1836, HEIDELBERG, HEIDELBERG, GAUTENG, 1438 |
|
Current Tel Number |
0117181205 |
|
Cell number |
0827712712 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse -
No information on record
Business Information
for MARCEL DREYER
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ARYSTA LIFESCIENCE SOUTH AFRICA (PTY) LTD |
M2009/019713/07 |
In Business |
3 Years 5 Months |
0 |
No |
|
|
NULANE INVESTMENTS 64 (PTY) LTD |
M2005/008986/07 |
In Business |
8 Years |
0 |
No |
|
|
TSUNAMI CROP LAEVELD (PTY)LTD |
M2004/023052/07 |
In Business |
8 Years 7 Months |
0 |
No |
|
|
HYPER AGRO PROPERTIES (PTY) LTD |
M2004/002921/07 |
In Business |
9 Years 1 Months |
0 |
No |
|
|
FYNBOSSTRAND AANDELEBLOK MAATSKAPPY LTD |
M1988/006726/06 |
In Business |
24 Years 4 Months |
0 |
No |
|
|
PMWL INVESTMENTS (PTY) LTD |
2004/033165/07 |
In Business |
8 Years 4 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 13 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|||||
|
IHHOVISI UMSEBENZI TRADING (PTY)LTD |
M1998/002548/07 |
Voluntary Liquidation |
15 Years 1 Months |
0 |
Yes |
|
|||||
|
CROPLIFE SOUTH AFRICA |
M2002/031906/08 |
In Business |
10 Years 3 Months |
0 |
No |
|
|||||
|
IHHOVISI UMSEBENZI INVESTMENTS (PTY) LTD |
M2000/017919/07 |
Dissolved |
12 Years 7 Months |
0 |
No |
|
|||||
|
ERF 161 VLAKFONTEIN GARAGE CC |
B1999/007918/23 |
Deregistration Final |
14 Years 1 Months |
0 |
No |
|
|||||
|
MICA HARDWARE HEIDELBERG CC |
B2007/069460/23 |
In Business |
5 Years 11 Months |
0 |
No |
|
|||||
|
TSUNAMI CROP CARE (PTY) LTD |
M2000/027346/07 |
In Business |
12 Years 5 Months |
0 |
No |
|
|||||
|
TSUNAMI PLANT PROTECTION (PTY) LTD |
M2004/020524/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|||||
|
VUKHAYA INVESTMENTS (PTY) LTD |
M1994/005735/07 |
Deregistration Final |
18 Years 7 Months |
0 |
No |
|
|||||
|
ASSOCIATION OF |
M1987/002403/08 |
In Business |
25 Years 9 Months |
0 |
No |
|
|||||
|
VETERINARY AND |
|
|
|
|
|
|
|||||
|
CROP ASSOCIATIONS |
|
|
|
|
|
|
|||||
|
OF SOUTH AFRICA |
|
|
|
|
|
|
|||||
Principal's Deeds Information - No information on record
Principal - 4of 5 JOHN BARNES
|
Surname |
BARNES |
|
First Name |
JOHN |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
6204185084086 |
|
Verified ID Number |
Yes |
|
Current Age |
51 |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2010/01/04 |
|
Physical Address (at time of Appointment) |
QUARTIER MARQUE SONQUERES, 64360 LACQ DE BEARN, FRANCE, 0000 |
|
Postal Address |
ROUTE DE ARTIX, BP 80-6415, NOGUERES, FRANCE, 4300 |
|
Current Tel Number |
0118066623 |
|
Cell number |
0738992267 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse -
No information on record
Business Information
for JOHN BARNES
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ARYSTA LIFESCIENCE SOUTH AFRICA (PTY) LTD |
M2009/019713/07 |
In Business |
3 Years 5 Months |
0 |
No |
|
|
ARYSTA LIFESCIENCE HOLDINGS SA (PTY) LTD |
M2005/011266/07 |
In Business |
7 Years 11 Months |
0 |
No |
|
|
VOLCANO AGROSCIENCE (PTY) LTD |
M2000/004551/07 |
In Business |
13 Years |
0 |
No |
|
|
ANCHORPROPS 39 (PTY) LTD |
M2000/000879/07 |
In Business |
13 Years 2 Months |
0 |
No |
|
|
KEMPTON CHEMICALS (PTY) LTD |
M1982/001497/07 |
In Business |
31 Years 1 Months |
0 |
No |
|
|
CAPSTONE VEGETATION MANAGEMENT (PTY) LTD |
2003/019966/07 |
In Business |
9 Years 7 Months |
0 |
No |
|
|
CALLIETHA INVESTMENTS (PTY) LTD |
1999/017961/07 |
In Business |
13 Years 7 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 13 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
UAP CROP CARE (PTY) LTD |
M1997/005681/07 |
Voluntary Liquidation |
15 Years 11 Months |
0 |
Yes |
|
|
VOLCANO FORMULATION (PTY) LTD |
M1999/019134/07 |
Deregistration Final |
13 Years 6 Months |
0 |
No |
|
|
VOLCANO CHEMICALS (PTY) LTD |
M2000/012658/07 |
In Business |
12 Years 9 Months |
0 |
No |
|
|
NEXUSAG (PTY)LTD |
M1999/020667/07 |
In Business |
13 Years 6 Months |
0 |
No |
|
|
VOLCANO GRANULATION (PTY) LTD |
M2000/011533/07 |
Deregistration Final |
12 Years 9 Months |
0 |
No |
|
|
AGRIVISION (PTY)LTD |
M1996/016554/07 |
Voluntary Liquidation |
16 Years 4 Months |
0 |
Yes |
|
Principal's Deeds Information - No information on record
Principal - 5of 5
PAUL DE GRYSE
|
Surname |
DE GRYSE |
|
First Name |
PAUL |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
7604225130089 |
|
Verified ID Number |
Yes |
|
Current Age |
37 |
|
Designation |
COO |
|
Status |
Active |
|
Appointment Date |
2010/01/04 |
|
Physical Address (at time of Appointment) |
24 MARTIN CRESCENT, WESTVILLE, KWAZULU-NATAL, SOUTH AFRICA, 3629 |
|
Postal Address |
P O BOX 1726, EDGECOMBE, EDGECOMBE, KWAZULU-NATAL, 4300 |
|
Current Tel Number |
|
|
Cell number |
0788036618 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse -
No information on record
Business Information for PAUL DE GRYSE
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ARYSTA LIFESCIENCE SOUTH AFRICA (PTY) LTD |
M2009/019713/07 |
In Business |
3 Years 5 Months |
0 |
No |
|
|
ARYSTA LIFESCIENCE HOLDINGS SA (PTY) LTD |
M2005/011266/07 |
In Business |
7 Years 11 Months |
0 |
No |
|
|
NOVON RETAIL COMPANY (PTY) LTD |
M2001/023440/07 |
In Business |
11 Years 5 Months |
0 |
No |
|
|
VOLCANO AGROSCIENCE (PTY) LTD |
M2000/004551/07 |
In Business |
13 Years |
0 |
No |
|
|
ANCHORPROPS 39 (PTY) LTD |
M2000/000879/07 |
In Business |
13 Years 2 Months |
0 |
No |
|
|
NEXUSAG (PTY)LTD |
M1999/020667/07 |
In Business |
13 Years 6 Months |
0 |
No |
|
|
NOVON-PROTECTA (PTY) LTD |
M1994/001345/07 |
In Business |
19 Years 1 Months |
0 |
No |
|
|
KEMPTON CHEMICALS (PTY) LTD |
M1982/001497/07 |
In Business |
31 Years 1 Months |
0 |
No |
|
|
CALLIETHA INVESTMENTS (PTY) LTD |
1999/017961/07 |
In Business |
13 Years 7 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 37 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
DORCHESTER
ESTATES SHARE BLOCK (PTY) LTD |
M1954/000643/07 |
In Business |
59 Years |
0 |
No |
|
|
VOLCANO CHEMICALS (PTY) LTD |
M2000/012658/07 |
In Business |
12 Years 9 Months |
0 |
No |
|
|
CC AND A INSURANCE BROKERS (PTY)LTD |
M1971/000253/07 |
In Business |
42 Years 2 Months |
0 |
No |
|
Principal's Deeds Information - No information on record
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.33 |
|
UK Pound |
1 |
Rs.82.72 |
|
Euro |
1 |
Rs.69.82 |
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.