MIRA INFORM REPORT

 

 

Report Date :

10.04.2013

 

IDENTIFICATION DETAILS

 

Name :

THE NEW RECLAMATION GROUP (PTY)LTD

 

 

Registered Office :

263 Oxford Road, Illovo, 2196

 

 

Country :

South Africa

 

 

Date of Incorporation :

22.11.2005

 

 

Com. Reg. No.:

M2005/041029/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Recycling of metal waste and scrap

 

 

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 – 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 Unemployment remains high and outdated infrastructure has constrained growth.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

THE NEW RECLAAAATION GROUP (PTY)LTD

Country

South Africa

Subject Contact Person

CHRIS GAVALEDI - Financial Manager

Assessment

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

 

On investigation we made contact with the Financial Manager MR. CHRIS GAVALEDI who assisted with all the required 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.

 

Please see the available information on the subject below.

 

 

Company information

 

Registered Name

THE NEW RECLAMATION GROUP (PTY)LTD

Trading as/ Division Name

RECLAM

Registration Number

M2005/041029/07

Registration Date

2005/11/22

Date Commenced Trading

2005-11-22

Age of Business

7 Years 2 Months

History of Business

The subject started as a new business in 2005

History of Principals

There 10 are active principals within the subject.

Shareholders/Members/Partners of subject and % holding

100 % - RECLAMATION HOLDINGS (PTY)LTD

Authorised Share Capital

R 200000.00

Issued Share Capital/Members Contribution

R 100.00

Status

In Business

Operations Assessment

Recycling and suppliers of Plastic, Glass, Paper & cardboard. The subject also supplies Non Ferrous Metals and provides a demolition service.

Industry/ Customers

All major manufacturing companies.

Export

Yes

Import

None

Major Industry Code / SICC

39510

Definition of Code

Recycling of metal waste and scrap n.e.c

Head Office Physical Address

263 OXFORD ROAD, ILLOVO, 2196

Head Office Postal Address

POSTNET SUITE 114, PRIVATE BAG X1, MELROSE ARCH, 2076

Current Tel Number

0118806222

Current Fax Number

0118806222

Current Email Address

info@reclam.co.za

Web Site Address

www.reclam.co.za  

 


Auditors information

 

Company Registered Name

KPMG INCORPORATED

Trading Name

 

Registration Number

1999/021543/21

Physical Address

85 Empire Road, Parktown, JOHANNESBURG, 2109

Postal Address

PRIVATE BAG X9, PARKVIEW, 2122

Contact Person

GREAME

Contact Number

0116476576

Subject Verified as Client

Yes

Practice Number

04846622

VAT Number

4530188665

Tax Number

9559555843

Financial Year End

June

No of years in Business

Unknown

Website

www.kpmg.co.za

Previous Auditors Information - No Information on Record

 

Tax Information

 

Vat Number

4290224924

Status

ACTIVE

Tax Number

9168148162

Financial Year End

JUNE

Black Economic Empowerment

Status

Yes

Score

6.00

Expire Date

Feb  2 2013

BEE Certificate Available

No

ISO Status

Type of ISO Grade

ISO 9001:2008

ISO Certificate

Yes

ISO Certificate Available

Yes

Certified by an Accredited Agent

Yes

Workman's compensation

Registered

Yes

Compliance Certified

Yes

 


Company Structure

 

Subsidiaries

Subsidiary Company

REDPENS INVESTMENTS (PTY)LTD

Shareholding

100%

Registration Number

2004/114245/23

Comment

The subject has 20 other subsidiaries

 

Subsidiary Company

FLAMING SILVER (PTY)LTD

Shareholding

100%

Registration Number

2004/019118/07

Employees

Number of Employees

3000

Company Fleet Information - No Information on Record

 

offices

 

Offices

Offices

Head Office Owned/ Rented

Owned

Owned by

REDPEN INVESTMENTS (PTY)LTD

Bank

Nedbank

Type of Premises

Commercial offices

 

Branch Information - No Information on Record

 

 

Management Overview

 

Organisation Chart

Level

Position

Name

Comment

 

1

CEO

J.JOFFE

 

 

2

PROCUMENT

C.CAMBERY

 

 

3

HUMAN RESOURCES

B.BENNET

 

 

4

FINANCE

ANTONY OSBORNE

 

 

Company Structure (Ownership)

Note: One level up and all levels down

 

Holding

Company

Sub

Comment

100% - RECLAMATION HOLDINGS (PTY) LTD

THE NEW RECLAMATION GROUP (PTY) LTD

 

 

 

 

Key Deals - No Information on Record

 

 

Trade References

 

Trade Reference nr

Supplier

Contact

Surety Value

Notarial Bonds

Comment

1

MONICA AFRICA

011 4175529

 

 

 

2

SGS

0116803466

 

 

 

3

INSPECTORATE MARINE

0116617900

 

 

 

 

Trade References Detail

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

6 Years

R 5000000.00

 

30 Days

R 4000000

30 Days

This is a good account. No credit limit has been put into place.

2

5 Years

R 40000.00

R120000

30 Days

R 70000

30 Days

Very good account

3

5 Years

 

R 350000

30 Days

R 250000

30 Days

Very Good Account. No credit limit has been put into place.

 

 

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

 

Bank

NEDBANK

Branch

CORPORATE CLIENT SERVICE

Brach Code

198765

Bank Account Number

1454077662

Type of Account

Current

Account Name

THE NEW RECLAMTION GROUP (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 - No information on record

 

 

Financial Estimates

 

Financial estimates

CURRENT ASSETS

R 2000000000.00

FIXED ASSETS

R 500000000.00

CURRENT LIABILITIES

R 20000000000.00

Previous Year Turnover

R 6000000000.00

Estimated Current Year Turnover

R 7000000000.00

Current Turnover per month

R 500000000.00

 

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

 

 

Principals

 

Number of Principals

10

Average Age of Active Principals

53

Active Principals Principal - 1of 10 CHRISTAKIS GAVRIELIDES

Surname

GAVRIELIDES

First Name

CHRISTAKIS

Other Names

None

Marital Status

Married

ID Number

7702165222088

Verified ID Number

Yes

Current Age

36

Designation

BUSINESSMAN

Status

Active

Appointment Date

2010/01/02

Physical Address (at time of Appointment)

KATODE STREET EXT 36, RADIOKOP, 1724

Postal Address

POSTNET SUITE 114, PRIVATE BAG X1, MELROSE ARCH, JOHANNESBURG, 2076

Current Tel Number

0117173558

Cell number

0833472061

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for CHRISTAKIS GAVRIELIDES

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ECHO CANYON TRADING 58 (PTY) LTD

M2007/010104/07

In Business

6 Years 6 Months

0

No

 

RED PEN 5 INVESTMENTS (PTY) LTD

M2005/044379/07

In Business

8 Years 8 Months

0

No

 

THE NEW RECLAMATION GROUP (PTY)LTD

M2005/041029/07

In Business

8 Years 8 Months

0

No

 

FALCON

ALUMINIUM ALLOYS (PTY) LTD

M2004/015017/07

In Business

9 Years 9 Months

0

No

 

FLAMING SILVER TRADING 163 (PTY) LTD

M2004/014635/07

In Business

9 Years 9 Months

0

No

 

RECLAM CHEMICALS (PTY) LTD

M2003/009453/07

In Business

10 Years 10 Months

0

No

 

MATUBA

RECLAMATION AND RECYCLING COMPANY (PTY) LTD

M2000/009157/07

In Business

13 Years 1 Months

0

No

 

THE RECLAMATION GROUP (PTY)LTD

M1998/021577/07

In Business

15 Years 3 Months

0

No

 

RECLAMATION PROPERTY HOLDINGS (PTY) LTD

M1998/018164/07

In Business

15 Years 3 Months

0

No

 

FORWARD PROPERTIES (PTY) LTD

M1998/016835/07

In Business

15 Years 3 Months

0

No

 

NALEDI METALS (PTY) LTD

M1997/001528/07

In Business

16 Years 4 Months

0

No

 

FERROFRAG (PTY) LTD

M1997/001323/07

In Business

16 Years 4 Months

0

No

 

WESTERN OCEAN INVESTMENTS 120 CC

B2004/111201/23

In Business

9 Years 9 Months

0

No

 

Z SCRAP CC

B1997/038532/23

Conversion CO/CC or CC/CO

16 Years 4 Months

0

No

 

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                10 Years

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

NATIONAL SCRAP METAL (CAPETOWN) (PTY) LTD

M1998/019293/07

In Business

15 Years 3 Months

0

No

 

MUREC CRUSHING AND MILLING (PTY) LTD

M2000/010591/07

In Business

13 Years 1 Months

0

No

 

BONREC PROCESSING AND RECYCLING SERVICES (PTY)LTD

M2000/028054/07

In Business

13 Years 1 Months

0

No

 

GREYSTONE INVESTMENTS (PTY) LTD

M2003/009450/07

Deregistration Final

10 Years 10 Months

0

No

 

MAXITRADE 21 GENERAL TRADING (PTY) LTD

M2003/023278/07

Deregistration Final

10 Years 10 Months

0

No

 

RECLAMATION HOLDINGS (PTY)LTD

M2005/043852/07

In Business

8 Years 8 Months

0

No

 

RECLAM INVEST 101 (PTY) LTD

M2008/001713/07

Deregistration Process

5 Years 5 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 2of 10 HARRY KASSEL

Surname

KASSEL

First Name

HARRY

Other Names

None

Marital Status

Married

ID Number

8207265232085

Verified ID Number

Yes

Current Age

31

Designation

BUSINESSMAN

Status

Active

Appointment Date

2008/10/01

Physical Address (at time of Appointment)

NO 72 5TH AVENUE, INANDA, SANDTON, 2196

Postal Address

P O BOX 273, GALLO MANOR, GALLO MANOR, 2052

Current Tel Number

0118806410

Cell number

0833016610

Shareholding/Membership

0.0000

 

Business Information for HARRY KASSEL

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ECHO CANYON TRADING 58 (PTY) LTD

M2007/010104/07

In Business

6 Years 6 Months

0

No

 

RECLAMATION HOLDINGS (PTY) LTD

M2005/043852/07

In Business

8 Years 8 Months

0

No

 

THE NEW RECLAMATION GROUP (PTY)LTD

M2005/041029/07

In Business

8 Years 8 Months

0

No

 

MUREC CRUSHING AND MILLING (PTY) LTD

M2000/010591/07

In Business

13 Years 1 Months

0

No

 

THE RECLAMATION GROUP (PTY)LTD

M1998/021577/07

In Business

15 Years 3 Months

0

No

 

NATIONAL SCRAP METAL(CAPE TOWN) (PTY)LTD

M1998/019293/07

In Business

15 Years 3 Months

0

No

 

EMERALD PANTHER INVESTMENTS 100 (PTY) LTD

K2012/043148/07

In Business

1 Years 1 Months

0

No

 

AMIREC (PTY)LTD

K2012/032841/07

In Business

1 Years 1 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                            9 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AMHAPPY 117 INVESTMENT HOLDINGS CC

2004/051900/23

Deregistration Final

8 Years 1 Months

0

No

 

MAXITRADE 21 GENERAL TRADING (PTY) LTD

M2003/023278/07

Deregistration Final

10 Years 10 Months

0

No

 

AMHAPPY 117 INVESTMENT HOLDINGS CC

B2004/051900/23

Deregistration Final

9 Years 9 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 3of 10

 

IAN GEOFFREY MCCRAE

 

Surname

MCCRAE

First Name

IAN GEOFFREY

Other Names

None

Marital Status

 

ID Number

4601120000000

Verified ID Number

No

Current Age

Unknown

Designation

METAL TRADER

Status

Active

Appointment Date

2008/10/01

Physical Address (at time of Appointment)

17B 8TH AVENUE, HOUGHTON ESTATE, 2198

Postal Address

P O BOX 1680, GALLO MANOR, 2052

Current Tel Number

0118806410

Cell number

 

Shareholding/Membership

0.0000

 


Principal's Adverse - No information on record

 

Business Information for lAN GEOFFREY MCCRAE

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

THE NEW RECLAMATION GROUP (PTY)LTD

M2005/041029/07

In Business

8 Years 8 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

LEXUS METALS (PTY) LTD

1993/007943/07

Deregistration Final

18 Years 7 Months

0

No

 

FERROFRAG (PTY)LTD

M1997/001323/07

In Business

16 Years 4 Months

0

No

 

LEXUS METALS (PTY) LTD

M1993/007943/07

Deregistration Final

20 Years 8 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 4of 10 DARSHAN DAYA

Surname

DAYA

First Name

DARSHAN

Other Names

None

Marital Status

Married

ID Number

7801145042085

Verified ID Number

Yes

Current Age

114

Designation

BANKER

Status

Active

Appointment Date

2008/10/01

Physical Address (at time of Appointment)

6 VICKIE AVENUE, SUNSET ACRES, SANDTON, 2196

Postal Address

POSTNET SUITE 114, PRIVATE BAG X 1, MELROSE ARCH, 2076

Current Tel Number

0113013000

Cell number

0823070080

Shareholding/Membership

0.0000

 

 


Principal's Adverse - No information on record

 

Business Information for  DARSHAN DAYA

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

CAPITALWORKS ENTERPRISE DEVELOPMENT (PTY) LTD

K2012/126976/07

In Business

1 Years 1 Months

0

No

 

THE NEW RECLAMATION GROUP (PTY)LTD

M2005/041029/07

In Business

8 Years 8 Months

0

No

 

RECLAMATION HOLDINGS (PTY) LTD

M2005/043852/07

In Business

8 Years 8 Months

0

No

 

CAPITALWORKS INVESTMENT PARTNERS (PTY) LTD

M2006/016962/07

In Business

7 Years 7 Months

0

No

 

TUNDRAPHASE (PTY) LTD

K2011/117715/07

In Business

2 Years 2 Months

0

No

 

CAPITALWORKS EQUITY PARTNERS (PTY) LTD

M2006/038989/07

In Business

7 Years 7 Months

0

No

 

CAPITALWORKS PRIVATE EQUITY ADVISOR (PTY)LTD

M2007/006582/07

In Business

6 Years 6 Months

0

No

 

CAPITALWORKS PRIVATE EQUITY GP (PTY)LTD

M2007/006614/07

In Business

6 Years 6 Months

0

No

 

CAPITALWORKS REAL ESTATE PARTNERS (PTY) LTD

M2007/019431/07

In Business

6 Years 6 Months

0

No

 

CAPITALWORKS RESTRUCTURING PARTNERS (PTY) LTD

M2007/019692/07

In Business

6 Years 6 Months

0

No

 

CAPITALWORKS INVESTMENT MANAGEMENT (PTY) LTD

M2007/019707/07

In Business

6 Years 6 Months

0

No

 

CAPITALWORKS INVESTMENT MANAGEMENT ADVISOR (PTY)LTD

M2007/032710/07

In Business

6 Years 6 Months

0

No

 

CAPITALWORKS INVESTMENT MANAGEMENT GP (PTY) LTD

M2007/032717/07

In Business

6 Years 6 Months

0

No

 

CAPITALWORKS RESTRUCTURING PARTNERS ADVISOR (PTY) LTD

M2008/009890/07

In Business

5 Years 5 Months

0

No

 

CAPITALWORKS PRIVATE EQUITY SP GP (PTY)LTD

M2008/014014/07

In Business

5 Years 5 Months

0

No

 

LEXSHELL 834 INVESTMENTS (PTY) LTD

M2010/014985/07

In Business

3 Years 3 Months

0

No

 

THE SCIENTIFIC GROUP (PTY)LTD

M2010/017082/07

In Business

3 Years 3 Months

0

No

 

WALDOLEX (PTY) LTD

M2011/009663/07

In Business

2 Years 2 Months

0

No

 

DURO PRESSINGS (PTY) LTD

M2011/010030/07

In Business

2 Years 2 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                     9 Years

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

LOGOPT LTD

1995/012378/06

Deregistration Final

16 Years 8 Months

0

No

 

KELLY GROUP (S A) (PTY) LTD

1999/026249/07

In Business

14 Years 2 Months

0

No

 

MUST HAVE INVESTMENTS (PTY) LTD

2001/012772/07

Voluntary Liquidation

11 Years 1 Months

0

Yes

 

QUICK LEAP INVESTMENTS 417 (PTY) LTD

2005/016635/07

Deregistration Final

7 Years 2 Months

0

No

 

PBEL (PTY)LTD

2006/009851/07

In Business

6 Years 4 Months

0

No

 

KELLY GROUP LTD

M1999/026249/06

In Business

14 Years 2 Months

0

No

 

CAPITAU HOLDINGS LTD

M2006/030178/06

In Business

7 Years 7 Months

0

No

 

WALDOCORP (PTY) LTD

M2011/009539/07

In Business

2 Years 2 Months

0

No

 

QUICK LEAP INVESTMENTS 417 (PTY) LTD

M2005/016635/07

Deregistration Final

8 Years 8 Months

0

No

 

LOGOPT LTD

M1995/012378/06

Deregistration Final

18 Years 6 Months

0

No

 

PBEL (PTY)LTD

M2006/009851/07

In Business

7 Years 7 Months

0

No

 

MUST HAVE INVESTMENTS (PTY) LTD

M2001/012772/07

Voluntary Liquidation

 

0

Yes

 

 

Principal's Deeds Information - No information on record

 

Principal - 5of 10 CHAD SMART

 

 

Surname

SMART

First Name

CHAD

Other Names

None

Marital Status

Married

ID Number

7210255080085

Verified ID Number

Yes

Current Age

41

Designation

CEO

Status

Active

Appointment Date

2008/10/01

Physical Address (at time of Appointment)

503 SUNSET TOWERS, SHORT ROAD, MORNINGSIDE, GAUTENG, 2010

Postal Address

P O BOX 653088, BENMORE, BENMORE, 2010

Current Tel Number

0113013003

Cell number

0823070077

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for CHAD SMART

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

CAPITALWORKS SERVICES (PTY)LTD

M2007/026667/07

In Business

6 Years 6 Months

0

No

 

CWRE PROPERTIES (PTY) LTD

M2007/026911107

In Business

6 Years 6 Months

0

No

 

VENTURECAPITALW ORKS ADVISOR (PTY) LTD

M2007/032248/07

In Business

6 Years 6 Months

0

No

 

CAPITALWORKS INVESTMENT MANAGEMENT ADVISOR (PTY)LTD

M2007/032710/07

In Business

6 Years 6 Months

0

No

 

CAPITALWORKS INVESTMENT MANAGEMENT GP (PTY) LTD

M2007/032717/07

In Business

6 Years 6 Months

0

No

 

PRONTO BUILDING MATERIALS (PTY) LTD

M2007/032979/07

In Business

6 Years 6 Months

0

No

 

VENTURECAPITALW ORKS (PTY)LTD

M2007/034780/07

In Business

6 Years 6 Months

0

No

 

CAPITALWORKS RESTRUCTURING PARTNERS ADVISOR (PTY) LTD

M2008/009890/07

In Business

5 Years 5 Months

0

No

 

LEXSHELL 834 INVESTMENTS (PTY) LTD

M2010/014985/07

In Business

3 Years 3 Months

0

No

 

THE SCIENTIFIC GROUP (PTY)LTD

M2010/017082/07

In Business

3 Years 3 Months

0

No

 

RICHTRAU NO 393 (PTY) LTD

M2011/008355/07

In Business

2 Years 2 Months

0

No

 

WALDOGRAPH (PTY) LTD

M2011/009457/07

In Business

2 Years 2 Months

0

No

 

WALDOCORP (PTY) LTD

M2011/009539/07

In Business

2 Years 2 Months

0

No

 

DURO PRESSINGS (PTY) LTD

M2011/010030/07

In Business

2 Years 2 Months

0

No

 

THINKMONEY (PTY) LTD

M2004/029728/07

In Business

9 Years 9 Months

0

No

 

THE NEW RECLAMATION GROUP (PTY)LTD

M2005/041029/07

In Business

8 Years 8 Months

0

No

 

RECLAMATION HOLDINGS (PTY) LTD

M2005/043852/07

In Business

8 Years 8 Months

0

No

 

CAPITALWORKS INVESTMENT PARTNERS (PTY) LTD

M2006/016962/07

In Business

7 Years 7 Months

0

No

 

CAPITALWORKS ADVISORY SERVICES (PTY)LTD

M2006/016979/07

In Business

7 Years 7 Months

0

No

 

CAPITALWORKS EQUITY PARTNERS (PTY) LTD

M2006/038989/07

In Business

7 Years 7 Months

0

No

 

CAPITALWORKS PRIVATE EQUITY ADVISOR (PTY)LTD

M2007/006582/07

In Business

6 Years 6 Months

0

No

 

CAPITALWORKS PRIVATE EQUITY GP (PTY)LTD

M2007/006614/07

In Business

6 Years 6 Months

0

No

 

CAPITALWORKS REAL ESTATE PARTNERS (PTY) LTD

M2007/019431/07

In Business

6 Years 6 Months

0

No

 

CAPITALWORKS RESTRUCTURING PARTNERS (PTY) LTD

M2007/019692/07

In Business

6 Years 6 Months

0

No

 

CAPITALWORKS INVESTMENT MANAGEMENT (PTY) LTD

M2007/019707/07

In Business

6 Years 6 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

DEVRICH DEVELOPMENTS (PTY) LTD

1991/006460/07

Deregistration Final

20 Years 8 Months

0

No

 

SOUTH AFRICAN INTERNATIONAL BETTING NETWORK (PTY) LTD

1995/009319/07

Deregistration Final

16 Years 10 Months

0

No

 

SMART AND KINROSS CC

1995/026557/23

Deregistration Final

17 Years 1 Months

0

No

 

ROOIBERG PLATINUM MINING (PTY)LTD

1996/011323/07

Deregistration Final

15 Years 11 Months

0

No

 

BRAIT CAPITAL PARTNERS TRUSTEES (PTY) LTD

1998/010776/07

In Business

14 Years 1 Months

0

No

 

AQUA INFORMATION STATION (PTY)LTD

1998/014759/07

Deregistration Final

14 Years

0

No

 

WINDDOWN HOLDINGS (PTY) LTD

1998/022803/07

Voluntary Liquidation

13 Years 8 Months

0

Yes

 

JAAAANZI SOLUTIONS (PTY) LTD

1999/005816/07

Deregistration Final

13 Years 4 Months

0

No

 

CAPENSIS INVESTMENTS 51 (PTY) LTD

1999/018396/07

Deregistration Final

12 Years 11 Months

0

No

 

QUANTUM LEAP INVESTMENTS 70 (PTY) LTD

1999/019429/07

Deregistration Final

13 Years 1 Months

0

No

 

QUANTUM LEAP INVESTMENTS 73 (PTY) LTD

1999/019491/07

Deregistration Final

13 Years 1 Months

0

No

 

ARISTIS CONSULTING (PTY) LTD

2002/004068/07

Deregistration Final

10 Years 5 Months

0

No

 

EAGLEQUEST TRADING 8 (PTY)LTD

2002/023216/07

In Business

9 Years 10 Months

0

No

 

NET1 APPLIED TECHNOLOGIES SOUTH AFRICA LTD

2002/031446/06

In Business

11 Years 11 Months

0

No

 

HEEVER RUBBER INTERNATIONAL (PTY) LTD

2003/014335/07

Deregistration Final

9 Years 1 Months

0

No

 

BRAIT IV TEAM PARTNERSHIP GP (PTY) LTD

2004/031306/07

In Business

7 Years 9 Months

0

No

 

BRAIT PRIVATE EQUITY GP IV (PTY) LTD

2004/031310/07

In Business

7 Years 9 Months

0

No

 

WASTEMAN GROUP (PTY) LTD

M1994/005252/07

Deregistration Process

18 Years

0

No

 

PRIME CURE HEALTH (PTY) LTD

M1997/017429/07

In Business

16 Years 4 Months

0

No

 

INTERNET EXPRESS (PTY) LTD

M1998/006356/07

In Business

15 Years 3 Months

0

No

 

THE RECLAMATION GROUP (PTY)LTD

M1998/021577/07

In Business

15 Years 3 Months

0

No

 

HEEVER RUBBER AND TYRE (PTY)LTD

M2000/007179/07

In Business

13 Years 1 Months

0

No

 

BASE TWO DIGITAL (PTY) LTD

M2002/021072/07

In Business

11 Years 11 Months

0

No

 

FASTPULSE TRADING 426 (PTY)LTD

M2002/021098/07

In Business

11 Years 11 Months

0

No

 

PRIME CURE HOLDINGS (PTY)LTD

M2004/018598/07

In Business

9 Years 9 Months

0

No

 

EAGLEQUEST TRADING 8 (PTY)LTD

M2002/023216/07

In Business

11 Years 11 Months

0

No

 

BRAIT CAPITAL PARTNERS TRUSTEES (PTY) LTD

M1998/010776/07

In Business

15 Years 3 Months

0

No

 

AQUA INFORMATION STATION (PTY)LTD

M1998/014759/07

Deregistration Final

15 Years 3 Months

0

No

 

ROOIBERG PLATINUM MINING (PTY)LTD

M1996/011323/07

Deregistration Final

17 Years 5 Months

0

No

 

ARISTIS CONSULTING (PTY) LTD

M2002/004068/07

Deregistration Final

11 Years 11 Months

1

No

 

JAMANZI SOLUTIONS (PTY) LTD

M1999/005816/07

Deregistration Final

14 Years 2 Months

0

No

 

QUANTUM LEAP INVESTMENTS 73 (PTY) LTD

M1999/019491/07

Deregistration Final

14 Years 2 Months

0

No

 

BRAIT IV TEAM PARTNERSHIP GP (PTY) LTD

M2004/031306/07

In Business

9 Years 9 Months

0

No

 

QUANTUM LEAP INVESTMENTS 70 (PTY) LTD

M1999/019429/07

Deregistration Final

14 Years 2 Months

0

No

 

HEEVER RUBBER INTERNATIONAL (PTY) LTD

M2003/014335/07

Deregistration Final

10 Years 10 Months

0

No

 

SMART AND KINROSS CC

B1995/026557/23

Deregistration Final

18 Years 6 Months

0

No

 

SOUTH AFRICAN INTERNATIONAL BETTING NETWORK (PTY) LTD

M1995/009319/07

Deregistration Final

18 Years 6 Months

0

No

 

l-CORP CC

B1998/009991/23

Deregistration Final

15 Years 3 Months

0

No

 

WINDDOWN HOLDINGS (PTY) LTD

M1998/022803/07

Voluntary Liquidation

15 Years 3 Months

0

Yes

 

CAPENSIS INVESTMENTS 51 (PTY) LTD

M1999/018396/07

Deregistration Final

14 Years 2 Months

0

No

 

MIELIE MARKETING CC

B1998/001337/23

Deregistration Final

15 Years 3 Months

0

No

 

BRAIT PRIVATE EQUITY GP IV (PTY) LTD

M2004/031310/07

In Business

9 Years 9 Months

0

No

 

Principal's Deeds Information - No information on record

 

Principal - 6of 10 GRAHAM WOLF

 

Surname

WOLF

First Name

GRAHAM

Other Names

None

Marital Status

Married

ID Number

6904185158083

Verified ID Number

Yes

Current Age

44

Designation

ATTORNEY

Status

Active

Appointment Date

2006/09/12

Physical Address (at time of Appointment)

3 SUN VILLAS, BENMORE, JOHANNESBURG, 2010

Postal Address

POSTNET SUITE 114, PRIVATE BAG X1, MELROSE NORTH, 2076

Current Tel Number

0117860472

Cell number

0827774881

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for GRAHAM WOLF

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

FORWARD PROPERTIES (PTY) LTD

M1998/016835/07

In Business

15 Years 3 Months

0

No

 

THE NEW RECLAMATION GROUP (PTY)LTD

M2005/041029/07

In Business

8 Years 8 Months

0

No

 

RECLAMATION HOLDINGS (PTY) LTD

M2005/043852/07

In Business

8 Years 8 Months

0

No

 

MAXSHELL128 INVESTMENTS (PTY) LTD

M2007/001713/07

In Business

6 Years 6 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                        11 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

HEEVER RUBBER INTERNATIONAL (PTY) LTD

2003/014335/07

Deregistration Final

9 Years 1 Months

0

No

 

NALEDI METALS (PTY) LTD

M1997/001528/07

In Business

16 Years 4 Months

0

No

 

RECLAMATION PROPERTY HOLDINGS (PTY) LTD

M1998/018164/07

In Business

15 Years 3 Months

0

No

 

THE RECLAMATION GROUP (PTY)LTD

M1998/021577/07

In Business

15 Years 3 Months

0

No

 

HEEVER RUBBER AND TYRE (PTY)LTD

M2000/007179/07

In Business

13 Years 1 Months

0

No

 

BONREC PROCESSING AND RECYCLING SERVICES (PTY)LTD

M2000/028054/07

In Business

13 Years 1 Months

0

No

 

RECLAM CHEMICALS (PTY) LTD

M2003/009453/07

In Business

10 Years 10 Months

0

No

 

MAXITRADE 21 GENERAL TRADING (PTY) LTD

M2003/023278/07

Deregistration Final

10 Years 10 Months

0

No

 

FLAMING SILVER TRADING 163 (PTY) LTD

M2004/014635/07

In Business

9 Years 9 Months

0

No

 

FALCON ALUMINIUM ALLOYS (PTY)LTD

M2004/015017/07

In Business

9 Years 9 Months

0

No

 

 

HEEVER RUBBER

M2003/014335/07

Deregistration

10 Years 10

0

No

 

INTERNATIONAL

 

Final

Months

 

 

 

(PTY) LTD

 

 

 

 

 

 

 


Principal's Deeds Information - No information on record

 

Principal - 7of 10 JEREMY JOFFE

Surname

JOFFE

First Name

JEREMY

Other Names

MARK

Marital Status

Married

ID Number

5909215006088

Verified ID Number

Yes

Current Age

54

Designation

DIRECTOR

Status

Active

Appointment Date

2006/05/18

Physical Address (at time of Appointment)

C/O 263 OXFORD ROAD, ILLOVO, 2196

Postal Address

POSTNET SUITE 114, PRIVATE BAG 1, MENLROSE ARCH, JOHANNESBURG, 2076

Current Tel Number

0118806410

Cell number

0834621391

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for JEREMY JOFFE

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

Z SCRAP CC

B1997/038532/23

Conversion CO/CC or CC/CO

16 Years 4 Months

0

No

 

FERROFRAG (PTY) LTD

M1997/001323/07

In Business

16 Years 4 Months

0

No

 

RECLAMATION PROPERTY HOLDINGS (PTY) LTD

M1998/018164/07

In Business

15 Years 3 Months

0

No

 

NATIONAL SCRAP METAL(CAPE TOWN) (PTY)LTD

M1998/019293/07

In Business

15 Years 3 Months

0

No

 

MATUBA

RECLAMATION AND RECYCLING COMPANY (PTY) LTD

M2000/009157/07

In Business

13 Years 1 Months

0

No

 

RECLAM CHEMICALS (PTY) LTD

M2003/009453/07

In Business

10 Years 10 Months

0

No

 

FLAMING SILVER TRADING 163 (PTY) LTD

M2004/014635/07

In Business

9 Years 9 Months

0

No

 

FALCON

ALUMINIUM ALLOYS (PTY) LTD

M2004/015017/07

In Business

9 Years 9 Months

0

No

 

THE NEW RECLAMATION GROUP (PTY)LTD

M2005/041029/07

In Business

8 Years 8 Months

0

No

 

RECLAMATION HOLDINGS (PTY) LTD

M2005/043852/07

In Business

8 Years 8 Months

0

No

 

MAXSHELL128 INVESTMENTS (PTY) LTD

M2007/001713/07

In Business

6 Years 6 Months

0

No

 

ECHO CANYON TRADING 58 (PTY) LTD

M2007/010104/07

In Business

6 Years 6 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                    16 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

CHARACTER CLOTHING CC

1990/036726/23

Deregistration Final

21 Years 7 Months

0

No

 

 

OLYMPUS

INTERNATIONAL CC

1991/028544/23

Deregistration Final

20 Years 9 Months

0

No

 

ALL GLASS SOWETO (PTY) LTD

1996/017476/07

Deregistration Final

15 Years 7 Months

0

No

 

CHICKS HOLDINGS (PTY) LTD

1997/020480/07

Voluntary Liquidation

14 Years 8 Months

0

Yes

 

JMG INDUSTRIES CC

1999/070976/23

Deregistration Final

12 Years 7 Months

0

No

 

THE RECLAMATION GROUP (PTY)LTD

M1998/021577/07

In Business

15 Years 3 Months

0

No

 

RECLAM INVEST 101 (PTY) LTD

M2008/001713/07

Deregistration Process

5 Years 5 Months

0

No

 

ALL GLASS SOWETO (PTY) LTD

M1996/017476/07

Deregistration Final

17 Years 5 Months

0

No

 

CHARACTER CLOTHING CC

B1990/036726/23

Deregistration Final

23 Years 11 Months

0

No

 

JMG INDUSTRIES CC

B1999/070976/23

Deregistration Final

14 Years 2 Months

0

No

 

CHICKS HOLDINGS (PTY) LTD

M1997/020480/07

Voluntary Liquidation

16 Years 4 Months

0

Yes

 

OLYMPUS

INTERNATIONAL CC

B1991/028544/23

Deregistration Final

22 Years 10 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 8of 10 PAULOS MAHLANGU

Surname

MAHLANGU

First Name

PAULOS

Other Names

None

Marital Status

Married

ID Number

6203255588083

Verified ID Number

Yes

Current Age

51

Designation

DEPUTY CHAIRMAN

Status

Active

Appointment Date

2005/11/22

Physical Address (at time of Appointment)

101 FREDMAN DRIVE, KEMPTON PARK, Gauteng, 1618

Postal Address

P O BOX 34, STRATHAVON, 2031

Current Tel Number

0118806410

Cell number

0833200031

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for PAULOS MAHLANGU

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

RECLAM CHEMICALS (PTY) LTD

M2003/009453/07

In Business

10 Years 10 Months

0

No

 

REDEPLOYABLE CAMP SYSTEMS S A (PTY) LTD

M2004/003579/07

In Business

9 Years 9 Months

0

No

 

SOUTHERN PALACE INVESTMENTS 66 (PTY) LTD

M2004/007444/07

In Business

9 Years 9 Months

0

No

 

8 MILE

INVESTMENTS 195 (PTY) LTD

M2004/029773/07

In Business

9 Years 9 Months

0

No

 

VALUE SA (PTY)LTD

M2004/035404/07

In Business

9 Years 9 Months

0

No

 

CANVAS AND TENT PROPERTIES (PTY) LTD

M2005/002673/07

In Business

8 Years 8 Months

0

No

 

SOUTHERN PALACE GROUP OF COMPANIES (PTY) LTD

M2005/021141/07

In Business

8 Years 8 Months

0

No

 

NULANE

INVESTMENTS 88 (PTY) LTD

M2005/031655/07

In Business

8 Years 8 Months

0

No

 

HUAWEI TECHNOLOGIES AFRICA (PTY)LTD

M2005/038288/07

In Business

8 Years 8 Months

1

No

 

THE NEW RECLAMATION GROUP (PTY)LTD

M2005/041029/07

In Business

8 Years 8 Months

0

No

 

ACE OF HEARTS TRADING 46 (PTY) LTD

2004/022731/07

In Business

9 Years 9 Months

0

No

 

CANVAS AND TENT MANUFACTURING (PTY) LTD

M1996/014167/07

In Business

17 Years 5 Months

0

No

 

NALEDI METALS (PTY) LTD

M1997/001528/07

In Business

16 Years 4 Months

0

No

 

THE RECLAMATION GROUP (PTY)LTD

M1998/021577/07

In Business

15 Years 3 Months

0

No

 

TELJOY BUSINESS SYSTEMS (PTY)LTD

M2001/028371/07

In Business

0

0

No

 

REPRESENTATIVE

M2003/009405/07

Deregistration

10 Years 10 Months

0

No

 

INVESTMENTS

 

Process

 

 

 

 

(PTY) LTD

 

 

 

 

 

 

 

 


Principal Previous Business Interests

 

Average Age of Previous Business                                                        12 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ROADGRIP AFRITYRE SYSTEMS (PTY)LTD

1990/001431/07

Deregistration Final

22 Years 4 Months

0

No

 

PHOLOSA ASSET MANAGEMENT (PTY) LTD

1990/003750/07

In Business

22 Years 4 Months

0

No

 

ROADGRIP AFRITYRE HOLDINGS (PTY)LTD

1990/006195/07

Deregistration Final

21 Years 9 Months

1

No

 

ROADGRIP AFRITYRE (GAUTENG) (PTY)LTD

1991/000436/07

Deregistration Final

21 Years 6 Months

0

No

 

TRAVELOGIX (PTY)LTD

1992/000056/07

Deregistration Final

20 Years 6 Months

1

No

 

ROADGRIP AFRITYRE (KWAZULU NATAL) (PTY) LTD

1995/008488/07

Deregistration Final

16 Years 11 Months

0

No

 

GIANT DIKOLOBE MARKETING CC

2001/050522/23

Deregistration Final

11 Years

0

No

 

W W T MANAGEMENT SERVICES CC

2001/050526/23

Deregistration Final

11 Years

0

No

 

STRAT LOGISTICS (PTY) LTD

2003/006823/07

Deregistration Final

9 Years 4 Months

0

No

 

DUNROSE INVESTMENTS 208 (PTY) LTD

2003/011266/07

Deregistration Final

9 Years 2 Months

0

No

 

SOUTHERN PALACE LOGISTICS (PTY)LTD

2004/007933/07

Deregistration Final

8 Years 4 Months

0

No

 

ABAZAMI MINING (PTY) LTD

2004/017821/07

Deregistration Final

9 Years 9 Months

0

No

 

BROAD BRUSH INVESTMENTS 146 (PTY) LTD

2004/033403/07

Deregistration Final

7 Years 8 Months

0

No

 

SAN ABO DEMIL (PTY) LTD

2005/000368/07

In Business

7 Years 6 Months

0

No

 

PHOMASE HOLDINGS (PTY) LTD

2005/007691/07

Deregistration Final

7 Years 4 Months

0

No

 

AUTUMN STAR TRADING 446 (PTY) LTD

2005/010517/07

Deregistration Final

7 Years 3 Months

0

No

 

MRX 56 INVESTMENT HOLDINGS (PTY)LTD

2005/020946/07

In Business

7 Years 1 Months

0

No

 

PROUDAFRIQUE TRADING 75 (PTY)LTD

2005/030314/07

Deregistration Final

6 Years 11 Months

0

No

 

 

SAN PAULO INVESTMENTS 27 (PTY) LTD

2005/031849/07

Deregistration Final

6 Years 10 Months

0

No

 

SA TAXI RISK MANAGEMENT SERVICES (PTY)LTD

2005/044258/07

In Business

6 Years 7 Months

0

No

 

BVI CONSULTING ENGINEERS (PTY)LTD

M1989/007429/07

In Business

22 Years 7 Months

0

No

 

STORAGE TECHNOLOGY SERVICES (PTY)LTD

M1999/001781/07

In Business

14 Years 2 Months

0

No

 

RECLAM CHEMICALS (PTY) LTD

M2003/009453/07

In Business

9 Years 3 Months

0

No

 

MIDNIGHT STORM INVESTMENTS 63 (PTY) LTD

M2004/008834/07

In Business

9 Years 9 Months

0

No

 

CENTURION TRUCK AND BUS (PTY)LTD

M2005/009489/07

In Business

8 Years 8 Months

3

No

 

MRX 56 INVESTMENT HOLDINGS (PTY)LTD

M2005/020946/07

In Business

8 Years 8 Months

0

No

 

SOUTHERN PALACE LOGISTICS (PTY)LTD

M2004/007933/07

Deregistration Final

9 Years 9 Months

0

No

 

DUNROSE INVESTMENTS 208 (PTY) LTD

M2003/011266/07

Deregistration Final

10 Years 10 Months

0

No

 

RECLAMATION HOLDINGS (PTY)LTD

M2005/043852/07

In Business

8 Years 8 Months

0

No

 

AUTUMN STAR TRADING 446 (PTY) LTD

M2005/010517/07

Deregistration Final

8 Years 8 Months

0

No

 

TRAVELOGIX (PTY)LTD

M1992/000056/07

Deregistration Final

21 Years 9 Months

1

No

 

FONNEL INVESTMENTS (PTY) LTD

M1995/012733/07

Deregistration Final

18 Years 6 Months

0

No

 

STRAT LOGISTICS (PTY) LTD

M2003/006823/07

Deregistration Final

10 Years 10 Months

0

No

 

PROUDAFRIQUE TRADING 75 (PTY)LTD

M2005/030314/07

Deregistration Final

8 Years 8 Months

0

No

 

ROADGRIP AFRITYRE (GAUTENG) (PTY)LTD

M1991/000436/07

Deregistration Final

22 Years 10 Months

0

No

 

PHOMASE HOLDINGS (PTY) LTD

M2005/007691/07

Deregistration Final

8 Years 8 Months

0

No

 

BROAD BRUSH INVESTMENTS 146 (PTY) LTD

M2004/033403/07

Deregistration Final

9 Years 9 Months

0

No

 

PHOLOSA ASSET MANAGEMENT (PTY) LTD

M1990/003750/07

In Business

23 Years 11 Months

0

No

 

ROADGRIP AFRITYRE (KWAZULU NATAL) (PTY) LTD

M1995/008488/07

Deregistration Final

18 Years 6 Months

0

No

 

SA TAXI RISK MANAGEMENT SERVICES (PTY)LTD

M2005/044258/07

In Business

8 Years 8 Months

0

No

 

ROADGRIP AFRITYRE HOLDINGS (PTY)LTD

M1990/006195/07

Deregistration Final

23 Years 11 Months

3

No

 

SAN ABO DEMIL (PTY) LTD

M2005/000368/07

In Business

8 Years 8 Months

0

No

 

PHAMANGU INVESTMENT HOLDINGS (PTY)LTD

M2002/016002/07

In Business

11 Years 11 Months

0

No

 

SAN PAULO INVESTMENTS 27 (PTY) LTD

M2005/031849/07

Deregistration Final

8 Years 8 Months

0

No

 

ROADGRIP AFRITYRE SYSTEMS (PTY)LTD

M1990/001431/07

Deregistration Final

23 Years 11 Months

0

No

 

Principal's Deeds Information - No information on record

 

Principal - 9of 10 DAVID KASSEL

Surname

KASSEL

First Name

DAVID

Other Names

None

Marital Status

Single

ID Number

4803305033089

Verified ID Number

Yes

Current Age

65

Designation

CHAIRMAN

Status

Active

Appointment Date

2005/11/22

Physical Address (at time of Appointment)

P O BOX 9740, JOHANNESBURG, 2000

Postal Address

POSTNET SUITE 114, PRIVATE BAG X1, MELROSE ARCH, JOHANNESBURG, 2196

Current Tel Number

0118806410

Cell number

0832544002

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for DAVID KASSEL

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DOUGLAS BARLOW INVESTMENTS CC

B1986/015625/23

In Business

27 Years 3 Months

0

No

 

TILGAR

PROPERTIES CC

B1996/016736/23

Conversion CO/CC or CC/CO

17 Years 5 Months

0

No

 

LENKAS

PROPERTIES CAPE (PTY) LTD

M1988/000690/07

In Business

25 Years 1 Months

0

No

 

NALEDI METALS (PTY) LTD

M1997/001528/07

In Business

16 Years 4 Months

0

No

 

FORWARD PROPERTIES (PTY) LTD

M1998/016835/07

In Business

15 Years 3 Months

0

No

 

RECLAMATION PROPERTY HOLDINGS (PTY) LTD

M1998/018164/07

In Business

15 Years 3 Months

0

No

 

NATIONAL SCRAP METAL(CAPE TOWN) (PTY)LTD

M1998/019293/07

In Business

15 Years 3 Months

0

No

 

HEEVER RUBBER AND TYRE (PTY) LTD

M2000/007179/07

In Business

13 Years 1 Months

0

No

 

MUREC CRUSHING AND MILLING (PTY) LTD

M2000/010591/07

In Business

13 Years 1 Months

0

No

 

MRX 61 INVESTMENT HOLDINGS (PTY) LTD

M2005/038808/07

In Business

8 Years 8 Months

0

No

 

THE NEW RECLAMATION GROUP (PTY)LTD

M2005/041029/07

In Business

8 Years 8 Months

0

No

 

RECLAMATION HOLDINGS (PTY) LTD

M2005/043852/07

In Business

8 Years 8 Months

0

No

 

RED PEN 5 INVESTMENTS (PTY) LTD

M2005/044379/07

In Business

8 Years 8 Months

0

No

 

MAXSHELL128 INVESTMENTS (PTY) LTD

M2007/001713/07

In Business

6 Years 6 Months

0

No

 

BIG PUMP MINING AND EXPLORATION (PTY) LTD

M2007/025877/07

In Business

6 Years 6 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                            21 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

NATIONAL METAL PROPERTIES (PTY)LTD

1951/003624/07

Deregistration Final

60 Years 9 Months

0

No

 

LENCA FERROUS PROCESSORS (PTY) LTD

1982/007516/07

Deregistration Final

29 Years 11 Months

0

No

 

TSWANA METALS (PTY) LTD

1983/070083/07

Deregistration Final

29 Years 2 Months

0

No

 

POWERMET (PTY)LTD

1984/001862/07

In Business

28 Years 5 Months

0

No

 

LENKAS PRECIOUS METAL RECOVERIES (PTY) LTD

1986/003653/07

Deregistration Final

25 Years 10 Months

0

No

 

BOIZ METAL AGENTS (PTY) LTD

1986/003752/07

Deregistration Final

25 Years 10 Months

0

No

 

BULLION HOLDINGS (PTY) LTD

1987/001067/07

Deregistration Final

25 Years 4 Months

0

No

 

ZALESKA EXPLORATION (PTY) LTD

1987/005593/07

Deregistration Final

24 Years 8 Months

0

No

 

ROGOFF MINING CC

1987/028883/23

Deregistration Final

24 Years 7 Months

0

No

 

FRANJO DIAMOND CUTTING WORKS CC

1992/024995/23

In Business

19 Years 10 Months

0

No

 

LEXUS METALS (PTY) LTD

1993/007943/07

Deregistration Final

18 Years 7 Months

0

No

 

ALRODE SCRAP METAL CC

1996/000369/23

Deregistration Final

16 Years 6 Months

0

No

 

TILLGAR PROPERTIES (PTY) LTD

1998/018471/07

Deregistration Final

13 Years 10 Months

0

No

 

THE SOUTH AFRICAN RUBBER RECYCLING ASSOCIATION

2000/016390/08

In Business

12 Years

0

No

 

HEEVER RUBBER INTERNATIONAL (PTY) LTD

2003/014335/07

Deregistration Final

9 Years 1 Months

0

No

 

THE RECLAMATION GROUP (PTY)LTD

M1998/021577/07

In Business

15 Years 3 Months

0

No

 

BOXCON AFRICA (PTY) LTD

M2001/001190/07

In Business

11 Years 6 Months

0

No

 

GREYSTONE INVESTMENTS (PTY) LTD

M2003/009450/07

Deregistration Final

10 Years 10 Months

0

No

 

POWERMET (PTY)LTD

M1984/001862/07

In Business

29 Years 5 Months

0

No

 

TSWANA METALS (PTY) LTD

M1983/070083/07

Deregistration Final

30 Years 6 Months

0

No

 

 

LEXUS METALS (PTY) LTD

M1993/007943/07

Deregistration Final

20 Years 8 Months

0

No

 

BOIZ METAL AGENTS (PTY) LTD

M1986/003752/07

Deregistration Final

27 Years 3 Months

0

No

 

FRANJO DIAMOND CUTTING WORKS CC

B1992/024995/23

In Business

21 Years 9 Months

0

No

 

ROGOFF MINING CC

B1987/028883/23

Deregistration Final

26 Years 2 Months

0

No

 

HEEVER RUBBER INTERNATIONAL (PTY) LTD

M2003/014335/07

Deregistration Final

10 Years 10 Months

0

No

 

THE SOUTH AFRICAN RUBBER RECYCLING ASSOCIATION

M2000/016390/08

In Business

13 Years 1 Months

0

No

 

LENKAS PRECIOUS METAL RECOVERIES (PTY) LTD

M1986/003653/07

Deregistration Final

27 Years 3 Months

0

No

 

ALRODE SCRAP METAL CC

B1996/000369/23

Deregistration Final

17 Years 5 Months

0

No

 

MATUBA

RECLAMATION AND RECYCLING COMPANY (PTY) LTD

M2000/009157/07

In Business

13 Years 1 Months

0

No

 

TILLGAR PROPERTIES (PTY) LTD

M1998/018471/07

Deregistration Final

15 Years 3 Months

0

No

 

LENKAS METALS (PTY) LTD

M1998/013081/07

Deregistration Final

15 Years 3 Months

0

No

 

ZALESKA EXPLORATION (PTY) LTD

M1987/005593/07

Deregistration Final

26 Years 2 Months

0

No

 

UMZINTO PROPERTY HOLDINGS CC

B1989/021354/23

Deregistration Final

 

0

No

 

LENCA FERROUS PROCESSORS (PTY) LTD

M1982/007516/07

Deregistration Final

31 Years 7 Months

0

No

 

NATIONAL METAL PROPERTIES (PTY)LTD

M1951/003624/07

Deregistration Final

62 Years 2 Months

0

No

 

BULLION HOLDINGS (PTY) LTD

M1987/001067/07

Deregistration Final

26 Years 2 Months

0

No

 

BONREC PROCESSING AND RECYCLING SERVICES (PTY)LTD

M2000/028054/07

In Business

13 Years 1 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 10of 10 MICHAEL GREEFF

 

Surname

GREEFF

First Name

MICHAEL

Other Names

None

Marital Status

Married

ID Number

6611245117088

Verified ID Number

Yes

Current Age

47

Designation

FINANCIAL DIRECTOR

Status

Active

Appointment Date

2005/11/22

Physical Address (at time of Appointment)

5 CARALTREE CRESCENT, FOURWAYS GARDENS, JOHANNESBURG, 2055

Postal Address

POSTNET SUITE 114, PRIVATE BAG 1, MELROSE ARCH, 2076

Current Tel Number

0118806410

Cell number

0836320220

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for MICHAEL GREEFF

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

MIKE GREEFF AND ASSOCIATES

6611245117088

 

Unknown

0

No

 

MIKE GREEFF PROPERTIES CC

B1989/023969/23

In Business

0

0

No

 

FIREFLY

INVESTMENTS 27 (PTY) LTD

M2004/019653/07

In Business

9 Years 9 Months

0

No

 

THE NEW RECLAMATION GROUP (PTY)LTD

M2005/041029/07

In Business

8 Years 8 Months

0

No

 

RECLAMATION HOLDINGS (PTY) LTD

M2005/043852/07

In Business

8 Years 8 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                            16 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

NATIONAL METAL PROPERTIES (PTY)LTD

1951/003624/07

Deregistration Final

60 Years 9 Months

0

No

 

VALLERY ROAD AGENCY CC

1991/005278/23

Deregistration Final

21 Years 5 Months

0

No

 

ZULULAND WASTE COLLECTORS CC

1993/000370/23

Deregistration Final

19 Years 6 Months

0

No

 

LEXUS METALS (PTY) LTD

1993/007943/07

Deregistration Final

18 Years 7 Months

0

No

 

THERMAL HOMES CC

1994/031666/23

Deregistration Final

17 Years 10 Months

0

No

 

THE SOUTH AFRICAN RUBBER RECYCLING ASSOCIATION

2000/016390/08

In Business

12 Years

0

No

 

HEEVER RUBBER INTERNATIONAL (PTY) LTD

2003/014335/07

Deregistration Final

9 Years 1 Months

0

No

 

NALEDI METALS (PTY) LTD

M1997/001528/07

In Business

16 Years 4 Months

0

No

 

FORWARD

PROPERTIES (PTY)LTD

M1998/016835/07

In Business

15 Years 3 Months

0

No

 

RECLAMATION PROPERTY HOLDINGS (PTY) LTD

M1998/018164/07

In Business

15 Years 3 Months

0

No

 

 

 

 

NATIONAL SCRAP METAL (CAPETOWN) (PTY) LTD

M1998/019293/07

In Business

15 Years 3 Months

0

No

 

THE RECLAMATION GROUP (PTY)LTD

M1998/021577/07

In Business

15 Years 3 Months

0

No

 

HEEVER RUBBER AND TYRE (PTY)LTD

M2000/007179/07

In Business

13 Years 1 Months

0

No

 

MATUBA

RECLAMATION AND RECYCLING COMPANY (PTY) LTD

M2000/009157/07

In Business

13 Years 1 Months

0

No

 

MUREC CRUSHING AND MILLING (PTY) LTD

M2000/010591/07

In Business

13 Years 1 Months

0

No

 

BONREC PROCESSING AND RECYCLING SERVICES (PTY)LTD

M2000/028054/07

In Business

13 Years 1 Months

0

No

 

BOXCON AFRICA (PTY) LTD

M2001/001190/07

In Business

11 Years 6 Months

0

No

 

GREYSTONE INVESTMENTS (PTY) LTD

M2003/009450/07

Deregistration Final

10 Years 10 Months

0

No

 

RECLAM CHEMICALS (PTY) LTD

M2003/009453/07

In Business

10 Years 10 Months

0

No

 

MAXITRADE 21 GENERAL TRADING (PTY) LTD

M2003/023278/07

Deregistration Final

10 Years 10 Months

0

No

 

FLAMING SILVER TRADING 163 (PTY) LTD

M2004/014635/07

In Business

9 Years 9 Months

0

No

 

FALCON ALUMINIUM ALLOYS (PTY)LTD

M2004/015017/07

In Business

9 Years 9 Months

0

No

 

FIREFLY INVESTMENTS 27 (PTY)LTD

M2004/019653/07

In Business

8 Years

0

No

 

RED PEN 5 INVESTMENTS (PTY) LTD

M2005/044379/07

In Business

8 Years 8 Months

0

No

 

MAXSHELL128 INVESTMENTS (PTY) LTD

M2007/001713/07

In Business

6 Years 6 Months

0

No

 

THE SOUTH AFRICAN RUBBER RECYCLING ASSOCIATION

M2000/016390/08

In Business

13 Years 1 Months

0

No

 

ECHO CANYON TRADING 58 (PTY)LTD

M2007/010104/07

In Business

6 Years 6 Months

0

No

 

THERMAL HOMES CC

B1994/031666/23

Deregistration Final

19 Years 7 Months

0

No

 

NATIONAL METAL PROPERTIES (PTY)LTD

M1951/003624/07

Deregistration Final

62 Years 2 Months

0

No

 

VALLERY ROAD AGENCY CC

B1991/005278/23

Deregistration Final

22 Years 10 Months

0

No

 

ZULULAND WASTE COLLECTORS CC

B1993/000370/23

Deregistration Final

20 Years 8 Months

0

No

 

HEEVER RUBBER INTERNATIONAL (PTY) LTD

M2003/014335/07

Deregistration Final

10 Years 10 Months

0

No

 

LEXUS METALS (PTY) LTD

M1993/007943/07

Deregistration Final

20 Years 8 Months

0

No

 

Principal's Deeds Information - No information on record

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.46

UK Pound

1

Rs.83.13

Euro

1

Rs.70.98

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

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.