The XPERT Investigative Report

 

 

 

 

Customer Name:       MIRA INFORM PRIVATE LIMITED

Report Date:                  Wednesday, 3 April 2013

Reference Number: 215751

 

Subject Name

SENIOR FLEXONICS SA (PTY)LTD T/A SENIOR AUTOMOTIVE

Country

South Africa

Requested Credit Limit

$ 15000000.00

Enquiry Terms

COD

Account Review

Recommended Every 6 Months

Subject Contact Person

JOHN TENNENT - Director

Assessment

This is an established business. On investigation contact was made with Director MR. JOHN TENNENT who assisted with the information. The subject is meeting commitments timeously with it's suppliers. A bank code C was obtained for an amount of R 10 000 000 over a period of 30 days. The subject's financial information was not made available as it is considered to be confidential. Please see the available information on the subject below.

 

 

 

 

Tel: 011 645 9100      Fax: 011 484 6588      Email: info@xds.co.za www.xds.co.za

Copyright 2011  XDS (Pty) Ltd All rights reserved.

Copyright in the whole and every part of this document belongs to XDS Pty Ltd. (the "Owner") and it may not be used, sold, transferred, copied or reproduced in whole or in part in any manner or form or in or on any media to any person other than in accordance with the terms of the Owner's Agreement or otherwise without prior written consent of the Owner.

Registered Name

SENIOR FLEXONICS SA (PTY)LTD

Trading as/ Division Name

SENIOR AUTOMOTIVE

Previous Name

SENIOR AUTOMOTIVE (PTY)LTD

Date of Name Change

Sep 13 2010 12:00AM

Registration Number

M1997/001702/07

Registration Date

1997/02/07

Date Commenced Trading

1997-02-07

Age of Business

16 Years 1 Months

History of Business

The subject was established as a new business in 1997 and operations commenced immediately. It underwent a name change in September 2010.

History of Principals

There are currently 3 active directors within the business.

Shareholders/Members/Partners of subject and % holding

100 % - SENIOR PLC

Authorised Share Capital

R 0.00

Issued Share Capital/Members Contribution

R 0.00

Status

In Business

Operations Assessment

Manufacture of Exhaust Decuplers

Industry/ Customers

Automotive Industry

Export

Yes

Export Countries

 

Import

 

Import Countries

 

Major Industry Code / SICC

38309

Definition of Code

Manufacture of other motor vehicle parts and accessories

Head Office Physical Address

11 THOR CIRCLE, VIKING PLACE, THORNTON, CAPE TOWN, 7460

Head Office Postal Address

P O BOX 476, EPPINDUST, 7475

Current Tel Number

0215325307

Cell Number

 

Current Fax Number

0215325310

Current Email Address

info@flexonics.co.za

Web Site Address

www.senio rflexonics .co.za

Comments

A further breakdown of the export countries were not made available.

Company Registered Name

DELOITE AND TOUCHE INC

Trading Name

DELOITE AND TOUCHE

Registration Number

 

Physical Address

27 Somerset Road, Cape Quarter, Green Point, Cape Town, 8005

Postal Address

P O BOX 578, CAPE TOWN, 8000

Contact Person

ANDREW

Contact Number

0214275300

Email

Unavailable

Principals

250

Judgements Against Subject

None

Judgements Against Principals

None

Subject Verified as Client

Yes

Practice Number

918547E

VAT Number

Unavailable

Tax Number

Unavailable

BEE Status

Level 2

Financial Year End

Unavailable

No of years in Business

16

Website

Unavailable

Comment

 

Previous Auditors

Company Name                        Phone Number            Time with previous auditors Comment

ARTHUR ANDERSON AND COMPANY

16

Vat Number

4260164704

Status

ACTIVE

Vat Liable Date

1997/04/01

Tax Number

9149419849

Tax Clearance Expire Date

 

Financial Year End

December

Comment

 

Black Economic Empowerment Information - No Information on Record ISO Information - No Information on Record

 

Workman's compensation

 

Registered

Yes

Compliance Certified

Yes

Comment

 

Company Structure

 

Subsidiaries Information - No Information on Record

 

Employees

Number of Employees

230

1. Salaried employees

230

2. Waged employees

 

3. Permanent employees

230

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

4

Comment

 

Light delivery Vehicles           4 Owned

Offices

 

Offices

Offices

Head Office Owned/ Rented

Leased

Rental Company

LOVEMORE

Owned by

 

Value

R 30000000.00

Bond

 

Bank

 

Lease Agreement

 

Lease Expire Date

 

Type of Premises

OFFICES AND FACTORY

Comment

 

 

 

Branch Information - No Information on Record

 

 

 

Management Overview

 

Organisational COhrgaartn i-saNtoioInfCohrmarattion on Record


 

 

Company Structure (Ownership)

Key Deals - No Information on Record

 

 

 

Trade References

 

Trade Reference nr

Supplier

Contact

Surety Value

Notarial Bonds

Comment

1

COLLUMBUS STAINLESS STEEL

0132479111

 

 

 

2

CAT SUPPORT

0217068138

 

 

 

3

NITMESH

0414082500

 

 

 

Trade References Detail

 

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average

Terms Taken

Comment

 

 

 

 

 

Purchases

 

 

1

12 Years

R15000000.00

R1700000

30 Days

R1700000

30 Days

Excellent account

2

7 Years

R 450000.00

R 800000

30 Days

R 350000

30 Days

Excellent Account

3

7 Years

 

R 650000

30 Days

R 350000

30 Days

Good Account the subject does not have a credit limit with the supplier.

 

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

FIRST NATIONAL BANK

Branch

EPPING

Brach Code

250655

Bank Account Number

56830006099

Type of Account

Current

Account Name

SENIOR FLEXONICS SA(PTY)LTD

Overdraft Facilities

Yes

Bank Code

C for R 10 000 000

Bank Comment

The subject's bankers consider them good for all business normal engagements

Bank Code History - No Information on Record

 

 

 

 

Previous Bank Account Information - No Information on Record

 

 

 

 

Deeds Information

Property Interests for CompanySENIOR FLEXONICS SA (PTY)LTD T/A SENIOR

AUTOMOTIVE

 

Title Deed No.

T48298/2010

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

NOORDLOCH AH VANDERBIJLPARK

Property Type

Small Holding

Extent / Size

2.7838H

Purchase Date

2010/04/30

Purchase price

 

% Ownership

0.00

Bond Holder

STANDARD BANK VAN SUID-AFRIKA L

Bond Number

B291862010

Bond Amount

 

Comment

 

 

Title Deed No.

T18278/2011

Erf/Site No.

 

Deeds Office

BLOEMFONTEIN

Physical Address

909 UNKNOWN BOTSHABELO-V BOTSHABELO

Property Type

Freehold

Extent / Size

410.0SQM

Purchase Date

 

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

Principals

 

Number of Principals

3

Average Age of Active Principals

53

Active Principals Principal - 1of 3 JOHN TENNENT

Surname

TENNENT

First Name

JOHN

Other Names

None

Marital Status

Married

ID Number

5712135810187

Verified ID Number

Yes

Current Age

56

Designation

Director

Status

Active

Appointment Date

2009/03/01

Physical Address (at time of Appointment)

4 TABORA WAY, NEWLANDS, CAPE TOWN, 7700

Postal Address

11 THOR CIRCLE, VIKING PLACE, THORNTON, CAPE TOWN, 7460

Current Tel Number

0219004315

Cell number

0836448864

Shareholding/Membership

0.0000

Business Information forJOHN TENNENT

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SENIOR FLEXONICS SA (PTY)LTD

M1997/001702/07

In Business

16 Years 1 Months

0

No

 


Principal Previous Business Interests

Principal's Deeds Information - No information on record

Principal - 2of 3 MICHAEL WILLIAM SHEPPARD

 

Surname

SHEPPARD

First Name

MICHAEL WILLIAM

Other Names

None

Marital Status

 

ID Number

5901200000000

Verified ID Number

No

Current Age

54

Designation

DIRECTOR

Status

Active

Appointment Date

1999/10/20

Physical Address (at time of Appointment)

7N230 BARB HILL DRIVE, ST CHARLES ILLINOIS, 60175, UNITED STATES, 0000

Postal Address

7N230 BARB HILL DRIVE, ST CHARLES ILLINOIS, 60175, UNITED STATES, 0000

Current Tel Number

0215325300

Cell number

 

Shareholding/Membership

0.0000

Business Information forMICHAEL WILLIAM SHEPPARD

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SENIOR FLEXONICS SA (PTY)LTD

M1997/001702/07

In Business

16 Years 1 Months

0

No

 

SENIOR UK LIMITED (INCORPORATED IN ENGLAND AND WALES)

M2010/015804/10

In Business

2 Years 8 Months

0

No

 


Principal Previous Business Interests

Principal's Deeds Information - No information on record

Principal - 3of 3 ANTHONY MANCINI

Surname First Name Other Names Marital Status ID Number Verified ID Number Current Age Designation Status

Appointment Date

Physical Address (at time of Appointment)

Postal Address

Current Tel Number

Cell number

Shareholding/Membership

MANCINI ANTHONY

None Married

6207145129081

Yes

51

Director Active

1997/07/01

6 ORCHARD STREET, NEWLAND, 7700

 

P O BOX 476, EPPINDUST, 7475

0215325300

0714275206

0.0000

Business Information forANTHONY MANCINI Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SOUTH AFRICAN AUTOMOTIVE BENCHMARKING CLUB

K2012/185830/08

In Business

5 Months

0

No

 

SENIOR FLEXONICS SA (PTY)LTD

M1997/001702/07

In Business

16 Years 1 Months

0

No

 

Principal's Deeds Information - No information on record


Principal Previous Business Interests

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.