MIRA INFORM REPORT

 

 

Report Date :

25.04.2013

 

IDENTIFICATION DETAILS

 

Correct Name :

BIDVEST FOODSERVICE (PTY)LTD

 

 

Formerly Known As :

CATERPLUS (PTY) LTD

 

 

Registered Office :

60 Saturn Crescent, Linbro Office Park, Sandton, 2196

 

 

Country :

South Africa

 

 

Date of Incorporation :

19.03.1964

 

 

Com. Reg. No.:

M1964/002063/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Distribution of food products

 

 

No. of Employees :

1000

 

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 and a stock exchange that is the 15th largest in the world. Even though the country possesses modern infrastructure that support a relatively efficient distribution of goods to major urban centers throughout the region, some components retard growth. The economy began to slow in the second half of 2007 due to an electricity crisis. 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. Subsequently, the global financial crisis reduced commodity prices and world demand. GDP fell nearly 2% in 2009 but has recovered since then. Unemployment, poverty, and inequality remain a challenge, with official unemployment at nearly 25% of the work force. State power supplier Eskom has built two new power stations and installed new power demand management programs to improve power grid reliability. South Africa's economic policy has focused on controlling inflation, however, the country has had significant budget deficits that restrict its ability to deal with pressing economic problems. The current government faces 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

BIDVEST FOODSERVICE (PTY)LTD T/A CATERPLUS

Country

South Africa

Subject Contact Person

VICKI JONE - 0115539600

Assessment

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

 

On investigation contact was made with the financial manager who assisted with the company information.

 

The subject is considered to be excellent customers of their supplier, however it is against company policy to provide any trade references.

 

Please find the 2012 financials for the BIDVEST GROUP attached.

 

Please see the available information on the subject below.

 

 

Company information

 

Registered Name

BIDVEST FOODSERVICE (PTY)LTD

Previous Name

CATERPLUS(PTY)LTD

Date of Name Change

Nov  3 1978 12:00AM

Registration Number

M1964/002063/07

Registration Date

1964/03/19

Date Commenced Trading

1964-03-19

Age of Business

49 Years 1 Months

History of Business

The subject was established as a new business in 1964. It was in 1978 that the subject underwent a name change. The subject was then purchased by the BIDVEST GROUP and renamed BIDVEST FOODSERVICE (PTY)LTD. Further information was not made available.

History of Principals

There are 10 active directors within the business

Shareholders/Members/Partners of subject and % holding

100 % - BIDVEST GROUP LTD

Authorised Share Capital

R1000.00

Issued Share Capital/Members Contribution

R 100.00

Status

In Business

Operations Assessment

Distribution of food products

Industry/ Customers

Major wholesalers and retailers

Major Industry Code / SICC

61221

Definition of Code

Wholesale trade in foodstuffs

Head Office Physical Address

60 Saturn Crescent, Linbro Office Park,SANDTON, 2196

Head Office Postal Address

PO Box 1344, Johannesburg, 2000

Current Tel Number

0115539600

Cell Number

 

Current Fax Number

0115539642

Current Email Address

vieki.jones@bidvestfoodservice.co.za 

Web Site Address

www.bidvestfoodservice.co.za

Auditors information

 

Company Registered Name

DELOITTE AND TOUCHE TAX TECHNOLOGIES (PTY)LTD

Trading Name

DELOITE AND TOUCHE

Registration Number

M1998/014696/07

Physical Address

4TH FLOOR ALOE GROVE, 196 LOUIS BOTHA AVENUE, HOUGHTON ESTATE, 2198

Postal Address

C\0 R GREAVES P 0 BOX 1523, JOHANNESBURG, 2052

Contact Person

CHARMINE SWART

Contact Number

0116477773

Email

Unavailable

Principals

9

Judgements Against Subject

None

Judgements Against Principals

None

Subject Verified as Client

Yes

Practice Number

902276

VAT Number

4290198276

Tax Number

9539389842

Financial Year End

May

No of years in Business

6

Website

www.deloitte.com

 

Previous Auditors

Company Name

Phone Number

Time with previous auditors

Comment

K P MG

 

17

 

 

 

Tax Information

 

Vat Number

4090117971

Status

ACTIVE

Vat Liable Date

1964/06/04

Tax Number

9485508718

Tax Clearance Expire Date

2014/01/23

Financial Year End

June

 

Black Economic Empowerment

Status

Yes

Score

4.00

BEE Certificate Available

Yes

 

ISO Status

ISO Certificate

No

ISO Certificate Available

No

Certified by an Accredited Agent

No

 

Workman's compensation

Registered

Yes

Compliance Certified

Yes

 

Company Structure

 

Subsidiaries Information - No Information on Record

 

Employees

Number of Employees

1000

Comment

The subject employs around 1000 employees made up of salaried and waged. A further breakdown was not made available.

Company Fleet

Company Fleet

No of vehicles:

Owned/Leased

Value

Outstanding Balance

Fleet Operations

 

 

 

 

The Fleet is made up of

400

Comment

 

Trucks

400

Owned

 

 

 

Offices

Offices

Offices

Head Office Owned/ Rented

Owned

Owned by

BIDVEST PROPERTY GROUP

Type of Premises

Office

 

Branch Information

Branches Names

Country

Province

Mpumalanga

South Africa

Mpumalanga

Polokwane

South Africa

Limpopo

Durban

South Africa

Kwazulu Natal

Bloemfotein

South Africa

Free State

Port Elizabeth

South Africa

Eastern Cape

East London

South Africa

Western Cape

George

South Africa

Eastern Cape

 

Management Overview

 

Organisation Chart

Level

Position

Name

Comment

 

 

DIRECTOR

NICHOLAS YEAST

 

 

 

DIRECTOR

BERNARD LARRY BERSON

 

 

 

DIRECTOR

LIONEL ISAAC

 

 

 

DIRECTOR

GILLIAN MC MAHON

 

 

 

DIRECTOR

EBRAHIM HASROD

 

 

1

DIRECTOR

RODGER GRAHAM

 

 

 

DIRECTOR

DAVID SMIT

 

 

 

DIRECTOR

ROY SEAWOOD

 

 

1

DIRECTOR

BRENT VARCOE

 

 

 

DIRECTOR

BRIAN JOFFE

 

 

Company Structure Information - No Information on Record

Note: One level up and all levels down

 

Key Deals - No Information on Record

 

 

Trade References

 

Trade Reference nr

Supplier

Contact

Surety Value

Notarial Bonds

Comment

3

RAINBOW

0312428589

 

 

 

5

CLOVER

0116293300

 

 

 

2

UNILEVER FOODS

0315702000

 

 

 

1

TIGER BRANDS

0215304709

 

 

 

4

HOULLETS

0314600301

 

 

 

Trade References Detail

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

3

0

R0.00

R0

0

R0

0

Do not provide trade references

5

2 Years

R1000000.00

R 300000

45 Days

R130000

45 Days

 

2

0

R0.00

RO

0

RO

0

Do not provide trade references

1

0

R0.00

RO

0

RO

0

Do not provide trade references

4

 

 

 

 

 

 

Awaiting trade reference

 

 

Adverse Information on Subject

 

Judgements

Judgements

1

Possible Judgements

SARS

Civil Court

WHITE RIVER M

RDs

No Information on Record

Comment

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

STANDARD BANK

Branch

RIVONIA

Brach Code

051001

Bank Account Number

422064610

Type of Account

CURRENT

Account Name

BIDVEST FOODSERVICES (PTY) LTD

Overdraft Facilities

YES

Bank Code

C FOR R 5 000 000

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

 

Principals

 

Number of Principals

10

Average Age of Active Principals

55

 


Active Principals

 

Principal - 1of 10 BERNARD BERSON

Surname

BERSON

First Name

BERNARD

Other Names

LARRY

ID Number

6506080000000

Verified ID Number

No

Current Age

48

Designation

DIRECTOR

Status

Active

Appointment Date

2009/11/30

Physical Address (at time of Appointment)

11A PARSLEY ROAD, VAUCLUSE NSW2030, AUSTRALIA, 2030

Postal Address

PO BOX 36, ROZELLE, 2039

Current Tel Number

0115539600

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for BERNARD BERSON

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

THE BIDVEST GROUP LTD

M1946/021180/06

In Business

67 Years 1 Months

0

No

 

BIDVEST FOODSERVICE (PTY) LTD

M1964/002063/07

In Business

49 Years 1 Months

1

No

 

BIDVEST FOOD SOUTHERN AFRICA (PTY) LTD

M1972/007857/07

In Business

40 Years 9 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                           41 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PATLEYS (PTY)LTD

M1971/006411/07

In Business

41 Years 10 Months

0

No

 

 


Principal's Deeds Information - No information on record

 

Principal - 2of 10 GILLIAN MC MAHON

Surname

MC MAHON

First Name

GILLIAN

Other Names

NONE

ID Number

7204200066083

Verified ID Number

Yes

Current Age

41

Designation

DIRECTOR

Status

Active

Appointment Date

2008/06/01

Physical Address (at time of Appointment)

44 OAKTREE AVENUE, THORNHILL ESTATE, 2196

Postal Address

PO BOX 87274, HOUGHTON, HOUGHTON, 2041

Current Tel Number

0117728700

Cell number

0834120195

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for GILLIAN MC MAHON

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BIDVEST INTEGRATED OUTSOURCING (PTY) LTD

K2012/175512/07

In Business

7 Months

0

No

 

WALTONS (PTY) LTD

M1927/000485/07

In Business

86 Years 1 Months

0

No

 

BIDVEST FOODSERVICE (PTY) LTD

M1964/002063/07

In Business

49 Years 1 Months

1

No

 

TRAVEL CONNECTIONS (PTY) LTD

M1966/012091/07

In Business

46 Years 4 Months

0

No

 

BIDVEST PAPERPLUS HOLDINGS LTD

M1969/015643/06

In Business

43 Years 6 Months

0

No

 

BIDVEST PAPERPLUS (PTY) LTD

M1971/002971/07

In Business

42 Years 1 Months

0

No

 

TENDAITRAVEL (PTY) LTD

M1972/003404/07

In Business

41 Years 1 Months

0

No

 

BIDVEST FOOD SOUTHERN AFRICA (PTY) LTD

M1972/007857/07

In Business

40 Years 9 Months

0

No

 

DAUPHIN OFFICE SEATING S A (PTY) LTD

M1981/002277/07

In Business

32 Years 1 Months

0

No

 

BIDOFFICE FURNITURE AAANUFACTURING (PTY) LTD

M1988/006005/07

In Business

24 Years 6 Months

0

No

 

MCCARTHY LTD

M1991/003245/06

In Business

21 Years 10 Months

1

No

 

PRESTIGE CLEANING SERVICES (PTY)LTD

M1993/003085/07

In Business

19 Years 10 Months

0

No

 

BIDVEST SERVICES (PTY) LTD

M1993/007657/07

In Business

19 Years 4 Months

0

No

 

TMS GROUP INDUSTRIAL SERVICES (PTY)LTD

M1998/004008/07

In Business

15 Years 1 Months

0

No

 

COMPU-CLEARING OUTSOURCING LTD

M1998/015541/06

In Business

14 Years 9 Months

0

No

 

EXECUFLORA (PTY) LTD

M1999/001577/07

In Business

14 Years 3 Months

0

No

 

SEATING (PTY)LTD

M1999/008154/07

In Business

14 Years

0

No

 

BIDTRAVEL (PTY) LTD

M1999/020026/07

In Business

13 Years 6 Months

0

No

 

RENNIES TRAVEL (PTY) LTD

M1999/020221/07

In Business

13 Years 7 Months

2

No

 

PEOPLESOURCE (PTY) LTD

M2005/010184/07

In Business

8 Years 1 Months

0

No

 

BIDVEST TRAVEL AND AVIATION SERVICES (PTY)LTD

M2010/001068/07

In Business

3 Years 3 Months

0

No

 

BIDVEST CREATE (PTY) LTD

M2010/010620/07

In Business

2 Years 11 Months

0

No

 

THE HOSPITALITY COMPANY - THC (PTY) LTD

M2011/000386/07

In Business

2 Years 3 Months

0

No

 

BIDVEST INDUSTRIAL (PTY) LTD

M2011/010523/07

In Business

1 Years 11 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                               14 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

TUNING FORK (PTY) LTD

M2010/001048/07

In Business

3 Years 3 Months

0

No

 

PATLEYS (PTY)LTD

M1971/006411/07

In Business

41 Years 10 Months

0

No

 

KOLOK (PTY)LTD

M1997/010970/07

In Business

15 Years 9 Months

0

No

 

PEOPLEAPPRAISE (PTY) LTD

M2008/023868/07

Deregistration Final

4 Years 6 Months

0

No

 

SKYPRO SKILLS CONSULTING CC

B2002/058572/23

Deregistration Final

10 Years 9 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 3of 10 EBRAHIM HASROD

 

Surname

HASROD

First Name

EBRAHIM

Other Names

NONE

ID Number

6805095054082

Verified ID Number

Yes

Current Age

45

Designation

DIRECTOR

Status

Active

Appointment Date

2008/05/01

Physical Address (at time of Appointment)

17 BERWYN ROAD, EVANS PARK, 2091

Postal Address

PO BOX 1344, JOHANNESBURG, 2000

Current Tel Number

0112092400

Cell number

0825656665

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for EBRAHIM HASROD

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BIDVEST FOODSERVICE (PTY) LTD

M1964/002063/07

In Business

49 Years 1 Months

1

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                           12 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

MOTIONS STORES (PTY) LTD

M2003/019575/07

Deregistration Final

9 Years 8 Months

0

No

 

ORMONDE MUSLIM ASSOCIATION

M1998/000623/08

In Business

15 Years 3 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 4of 10 RODGER GRAHAM

Surname

GRAHAM

First Name

RODGER

Other Names

NONE

Marital Status

 

ID Number

4603065085083

Verified ID Number

Yes

Current Age

67

Designation

DIRECTOR

Status

Active

Appointment Date

2007/07/01

Physical Address (at time of Appointment)

39A KINGS AVENUE, DURBAN, 3629

Postal Address

39A KINGS AVENUE, DURBAN, DURBAN, 3629

Current Tel Number

0312661709

Cell number

0832502340

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for RODGER GRAHAM

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BIDVEST FOODSERVICE (PTY) LTD

M1964/002063/07

In Business

49 Years 1 Months

1

No

 

BIDVEST PAPERPLUS HOLDINGS LTD

M1969/015643/06

In Business

43 Years 6 Months

0

No

 

BIDVEST FREIGHT (PTY) LTD

M1971/000757/07

In Business

42 Years 3 Months

0

No

 

BIDVEST FOOD SOUTHERN AFRICA (PTY) LTD

M1972/007857/07

In Business

40 Years 9 Months

0

No

 

VOLTEX HOLDINGS LTD

M1981/006220/06

In Business

31 Years 10 Months

0

No

 

BIDVEST SERVICES (PTY) LTD

M1993/007657/07

In Business

19 Years 4 Months

0

No

 

BIDVEST LIFE LTD

M1997/019460/06

In Business

15 Years 5 Months

0

No

 

BIDVEST INSURANCE LTD

M1997/019461/06

In Business

15 Years 5 Months

0

No

 

BIDOFFICE (PTY) LTD

M1998/022698/07

In Business

14 Years 5 Months

0

No

 

BIDVEST FINANCIAL SERVICES (PTY)LTD

M2011/010418/07

In Business

1 Years 11 Months

0

No

 

BIDVEST INDUSTRIAL (PTY) LTD

M2011/010523/07

In Business

1 Years 11 Months

0

No

 

BIDVEST RENTAL AND PRODUCTS (PTY) LTD

M2011/010793/07

In Business

1 Years 11 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                       32 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

MCCARTHY LTD

M1991/003245/06

In Business

21 Years 10 Months

1

No

 

BIDSHELF 65 (PTY)LTD

M1993/003107/07

Deregistration Process

19 Years 10 Months

0

No

 

ESTIVAR (PTY)LTD

M1984/004928/07

Deregistration Final

28 Years 11 Months

0

No

 

BIDFOOD (PTY)LTD

M1993/004227/07

In Business

19 Years 9 Months

0

No

 

SOUTH AFRICAN CONTAINER DEPOTS (PTY) LTD

M1999/000645/07

In Business

14 Years 3 Months

0

No

 

SOUTH AFRICAN STEVEDORES LTD

M1972/000388/06

In Business

41 Years 3 Months

0

No

 

STRANG RENNIES METAL TERMINALS (PTY) LTD

M1995/001276/07

In Business

18 Years 2 Months

0

No

 

ISLAND VIEW STORAGE RICHARDS BAY (PTY)LTD

M1970/007028/07

In Business

42 Years 11 Months

0

No

 

BIDFREIGHT PORT OPERATIONS (PTY)LTD

M1999/000091/07

In Business

14 Years 3 Months

0

No

 

BIDSHELF 61 (PTY)LTD

M2002/012176/07

Deregistration Process

10 Years 11 Months

0

No

 

ISLAND VIEW MANAGEMENT SERVICES (PTY)LTD

M1955/001173/07

Deregistration Final

58 Years

0

No

 

K S M MILLING COMPANY (NATAL) LTD

M1936/008973/06

Deregistration Final

76 Years 4 Months

0

No

 

DURBAN LIQUID STORAGE (PTY)LTD

M1951/001039/07

In Business

62 Years 1 Months

0

No

 

BULK CONNECTIONS (PTY) LTD

M1999/000506/07

In Business

14 Years 3 Months

0

No

 

BIDVEST FREIGHT TERMINALS (PTY)LTD

M1999/000644/07

In Business

14 Years 3 Months

0

No

 

TUNING FORK (PTY) LTD

M2010/001048/07

In Business

3 Years 3 Months

0

No

 

ISLAND VIEW STORAGE LTD

M1952/000715/06

In Business

61 Years 1 Months

0

No

 

THE BIDVEST GROUP LTD

M1946/021180/06

In Business

67 Years 1 Months

0

No

 

PATLEYS (PTY)LTD

M1971/006411/07

In Business

41 Years 10 Months

0

No

 

SOUTH AFRICAN BULK TERMINALS LTD

M1994/004247/06

In Business

18 Years 10 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

 

Principal - 5of 10 DAVID SMIT

 

Surname

SMIT

First Name

DAVID

Other Names

NONE

ID Number

5103155104000

Verified ID Number

Yes

Current Age

62

Designation

DIRECTOR

Status

Active

Appointment Date

2007/01/01

Physical Address (at time of Appointment)

56 PLETTENBERG STREET, 7530

Postal Address

56PLETTENBERG STREET, WELGEMOED, 7530

Current Tel Number

0219279100

Cell number

0824525727

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for DAVID SMIT

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BIDVEST FOODSERVICE (PTY) LTD

M1964/002063/07

In Business

49 Years 1 Months

1

No

 

FIRST FOOD DISTRIBUTORS (PTY) LTD

M1997/005052/07

In Business

16 Years

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                   16 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

THE GRILL AND BUTCHER AT 86 EDWARD CC

B1998/021364/23

In Business

15 Years

0

No

 

VUKA CATERING SUPPLIERS (PTY)LTD

M1991/002797/07

In Business

21 Years 11 Months

0

No

 

SIRLOIN RESTAURANT CC

B1997/066948/23

Deregistration Final

15 Years 4 Months

0

No

 

TALOR INVESTMENTS CC

B1993/009574/23

Conversion CO/CC orCC/CO

20 Years

0

No

 

F AND V MEAT CITY CC

B1997/057524/23

Deregistration Final

15 Years 6 Months

0

No

 

FOODELLO (PTY)LTD

M1994/004821/07

Deregistration Final

18 Years 9 Months

0

No

 

THE BURGUNDY RESTAURANT (PTY) LTD

M2004/017050/07

In Business

8 Years 10 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 6of 10 NICHOLAS YEATS

 

Surname

YEATS

First Name

NICHOLAS

Other Names

NONE

Marital Status

 

ID Number

6111305148008

Verified ID Number

Yes

Current Age

52

Designation

DIRECTOR

Status

Active

Appointment Date

2007/01/01

Physical Address (at time of Appointment)

51 OAKLEIGH AVE, WEMBLEY, 3201

Postal Address

P 0 BOX 4, ESHOWE, 3815

Current Tel Number

0315712500

Cell number

0825513195

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for NICHOLAS YEATS

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

GERALD YEATS INVESTMENTS CC

B1987/002849/23

In Business

26 Years 2 Months

0

No

 

BIDVEST FOODSERVICE (PTY) LTD

M1964/002063/07

In Business

49 Years 1 Months

1

No

 

C C W CATERING SUPPLIES (PTY)LTD

M1998/005155/07

In Business

15 Years 1 Months

1

No

 

FDS CATERING (PTY) LTD

M1999/001021/07

Conversion CO/CC or CC/CO

14 Years 3 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                   20 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

C C W (PTY)LTD

M1972/000923/07

Conversion CO/CC or CC/CO

41 Years 2 Months

0

No

 

BIDSHELF 54 (PTY)LTD

M1998/019725/07

Deregistration Process

14 Years 11 Months

0

No

 

SPONONO CCW CC

B1994/028438/23

Deregistration Final

18 Years 7 Months

0

No

 

CCW CATERING (PTY) LTD

M1994/008207/07

Voluntary Liquidation

18 Years 6 Months

0

Yes

 

LOT 271 KULEKA EMPANGENISHARE BLOCKS (PTY)LTD

M1996/013428/07

Dissolved

16 Years 6 Months

0

No

 

CCW VENDING CC

B1998/021622/23

Deregistration Final

15 Years

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 7of 10 LIONEL JACOBS

 

Surname

JACOBS

First Name

LIONEL

Other Names

ISAAC

Marital Status

 

ID Number

4310075167089

Verified ID Number

Yes

Current Age

70

Designation

DIRECTOR

Status

Active

Appointment Date

2006/12/01

Physical Address (at time of Appointment)

5 MEADOWBROOK, CLOSE FRENCH LANE, MORNINGSIDE, 2057

Postal Address

PO BOX 87274, HOUGHTON, HOUGHTON, 2041

Current Tel Number

0223198043

Cell number

0832705992

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for LIONEL JACOBS

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

MINOLCO (PTY)LTD

M1997/010942/07

In Business

15 Years 9 Months

0

No

 

INGENICO SA (PTY) LTD

M1997/015335/07

In Business

15 Years 7 Months

0

No

 

GLOBAL PAYMENT TECHNOLOGIES (PTY) LTD

M1998/006737/07

In Business

15 Years

0

No

 

PUREAU FRESH WATER COMPANY (PTY) LTD

M1998/018288/07

In Business

14 Years 7 Months

0

No

 

BIDVEST MAGNUM (PTY) LTD

M1998/022683/07

In Business

14 Years 5 Months

1

No

 

BIDOFFICE (PTY) LTD

M1998/022698/07

In Business

14 Years 5 Months

0

No

 

SUPASWIFT (PTY) LTD

M1999/000571/07

In Business

14 Years 3 Months

0

No

 

EXECUFLORA (PTY) LTD

M1999/001577/07

In Business

14 Years 3 Months

0

No

 

PROVICOM RISK SOLUTIONS (PTY) LTD

M1999/003721/07

In Business

14 Years 2 Months

0

No

 

VERICON OUTSOURCING (PTY) LTD

M1999/004893/07

In Business

14 Years 1 Months

0

No

 

CONNEX TRAVEL HOLDINGS (PTY) LTD

M1999/005687/07

In Business

14 Years 1 Months

0

No

 

CONCORDE TRAVEL (PTY) LTD

M1999/005902/07

In Business

14 Years 1 Months

0

No

 

INTERNATIONAL PAYMENT SYSTEMS (PTY) LTD

M1999/010958/07

In Business

13 Years 11 Months

0

No

 

STEINER GROUP (PTY) LTD

M1999/012958/07

In Business

13 Years 10 Months

0

No

 

BIDTRAVEL (PTY) LTD

M1999/020026/07

In Business

13 Years 6 Months

0

No

 

RENNIES TRAVEL (PTY) LTD

M1999/020221/07

In Business

13 Years 7 Months

2

No

 

MYMARKETDOT COM (PTY)LTD

M2000/014777/07

In Business

12 Years 9 Months

0

No

 

BIDVEST PROCUREMENT (PTY) LTD

M2001/020704/07

In Business

11 Years 8 Months

0

No

 

VERISERV (PTY)LTD

M2002/001742/07

In Business

11 Years 3 Months

0

No

 

AIRPORT HANDLING SERVICES (PTY)LTD

M2002/014494/07

In Business

10 Years 10 Months

0

No

 

BIDVEST MAGNUM MINING SECURITY (PTY) LTD

M2002/024703/07

In Business

10 Years 6 Months

1

No

 

EBONY TRAVEL (PTY) LTD

M2002/028028/07

In Business

10 Years 5 Months

0

No

 

BIDSERV INDUSTRIAL PRODUCTS (PTY) LTD

M2002/031805/07

In Business

10 Years 4 Months

0

No

 

EXPRESS AIR SERVICES (PTY)LTD

M2003/000229/07

In Business

10 Years 3 Months

0

No

 

EMERALD PANTHER INVESTMENTS 27 (PTY) LTD

M2004/005209/07

AR Final Deregistration

9 Years 2 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

CLAPBERGS HANDLING SERVICES (PTY)LTD

M1998/004186/07

Deregistration Final

15 Years 1 Months

0

No

 

SPUR CORPORATION LTD

M1998/000828/06

In Business

15 Years 3 Months

0

No

 

MALSAN

PETROCHEMICALS (PTY) LTD

M2003/003446/07

Deregistration Final

10 Years 2 Months

0

No

 

THABA STRATEGIC SERVICES KWA-ZULU NATAL (PTY)LTD

M2003/000211/07

Deregistration Final

10 Years 3 Months

0

No

 

G10 INVESTMENTS (PTY) LTD

M1998/009496/07

In Business

14 Years 11 Months

0

No

 

STEINER

ENVIRONMENTAL SOLUTIONS (PTY)LTD

M2002/011771/07

In Business

10 Years 11 Months

0

No

 

BIDSHELF 73 (PTY)LTD

M2001/019863/07

Deregistration Final

11 Years 8 Months

0

No

 

BUYISA-VAT (PTY)LTD

M2002/003135/07

In Business

11 Years 2 Months

0

No

 

BIDSHELF 64 (PTY)LTD

M1998/010452/07

In Business

14 Years 10 Months

0

No

 

Ml LAN I INTEGRATED SERVICE SOLUTIONS (PTY) LTD

M2002/031287/07

Deregistration Final

10 Years 4 Months

0

No

 

TMS GROUP (PTY)LTD

M2001/009213/07

Deregistration Final

12 Years

0

No

 

AFRICAN

CONSULTANCY FOR TRANSPORTATION SECURITY (PTY)LTD

M2002/031323/07

In Business

10 Years 4 Months

0

No

 

ARROW STAINLESS FABRICATIONS CC

B2003/061940/23

Deregistration Final

9 Years 9 Months

2

No

 

BIDSHELF 44 (PTY)LTD

M2002/028279/07

Deregistration Process

10 Years 5 Months

0

No

 

BASSAP FISHING INVESTMENTS (PTY) LTD

M2002/024512/07

Deregistration Final

10 Years 6 Months

0

No

 

BASSAP SERVICES INVESTMENTS (PTY) LTD

M2002/024610/07

Deregistration Process

10 Years 6 Months

0

No

 

BIDSHELF 71 (PTY)LTD

M2002/028249/07

Deregistration Final

10 Years 5 Months

0

No

 

BIDSHELF 62 (PTY)LTD

M2003/002101/07

In Business

10 Years 3 Months

0

No

 

BASSAP INVESTMENTS TRUST (PTY)LTD

M2001/016486/07

Deregistration Final

11 Years 9 Months

0

No

 

UZIZO SUPPLIES (PTY) LTD

M2002/028398/07

In Business

10 Years 5 Months

0

No

 

BIDSHELF 45 (PTY)LTD

M2002/027931/07

Deregistration Process

10 Years 5 Months

0

No

 

3D CONTRACTORS (PTY) LTD

M2004/031021/07

Deregistration Final

8 Years 6 Months

1

No

 

THREE RIVERS TRUCKING CC

B2003/078503/23

Deregistration Final

9 Years 7 Months

0

No

 

SHENXISA TRAVEL (PTY) LTD

M2002/012095/07

Deregistration Process

10 Years 11 Months

3

No

 

DINATLA INVESTMENT

HOLDINGS (PTY)LTD

M2003/023927/07

In Business

9 Years 7 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 8of 10 ROY SEAWARD

 

Surname

SEAWARD

First Name

ROY

Other Names

NONE

Marital Status

 

ID Number

5206075061000

Verified ID Number

Yes

Current Age

61

Designation

DIRECTOR

Status

Active

Appointment Date

2001/08/21

Physical Address (at time of Appointment)

117 BOEING ROAD EAST, BEDFORDVIEW, 2007

Postal Address

PO BOX 1344, JOHANNESBURG, 2000

Current Tel Number

0116019600

Cell number

0832275319

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for ROY SEAWARD

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BIDVEST FOODSERVICE (PTY) LTD

M1964/002063/07

In Business

49 Years 1 Months

1

No

 

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                               18 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BLUE MARINE FROZEN FOODS (PTY)LTD

M1999/004243/07

In Business

14 Years 1 Months

1

No

 

KERBYN 131 (PTY) LTD

M1999/002113/07

Deregistration Final

14 Years 2 Months

0

No

 

LUSITANIA FOOD PRODUCTS (PTY)LTD

M1987/002958/07

In Business

25 Years 9 Months

0

No

 

KING CONSOLIDATED HOLDINGS LTD

1992/006472/06

In Business

20 Years 5 Months

0

No

 

KEMPSTON TRADING (PTY) LTD

M1992/006472/07

In Business

20 Years 5 Months

0

No

 

PETER K MANAGEMENT SERVICES (PTY)LTD

M1991/005644/07

Deregistration Final

21 Years 6 Months

0

No

 

KING CONSOLIDATED FOOD SERVICES (PTY) LTD

M1996/001772/07

In Business

17 Years 2 Months

1

No

 

R J STATIONERS CC

B1997/044847/23

Conversion CO/CC or CC/CO

15 Years 8 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 9of 10 BRENT VARCOE

 

Surname

VARCOE

First Name

BRENT

Other Names

NONE

ID Number

6602115115088

Verified ID Number

Yes

Current Age

47

Designation

DIRECTOR

Status

Active

Appointment Date

1994/06/20

Physical Address (at time of Appointment)

8 FALCON GATE, TUDOR ROAD, SUNNINGHILL, 2196

Postal Address

PO BOX 1298, SUNNINGHILL, SUNNINGHILL, 2157

Current Tel Number

0115539600

Cell number

0834043805

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for BRENT VARCOE

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BIDVEST FOODSERVICE (PTY) LTD

M1964/002063/07

In Business

49 Years 1 Months

1

No

 

BIDVEST FOOD SOUTHERN AFRICA (PTY) LTD

M1972/007857/07

In Business

40 Years 9 Months

0

No

 

D AND R LOWE CATERING SUPPLIES (PTY)LTD

M1979/004142/07

In Business

33 Years 8 Months

0

No

 

LOU"S

WHOLESALERS (PTY) LTD

M1993/002522/07

In Business

19 Years 11 Months

0

No

 

CHIPKINS CATERING SUPPLIES (PTY)LTD

M1993/003084/07

In Business

19 Years 10 Months

0

No

 

CATERSALES (PTY) LTD

M1993/003086/07

In Business

19 Years 10 Months

0

No

 

RFS CATERING SUPPLIES (PTY)LTD

M1996/004222/07

In Business

17 Years

0

No

 

3663 FIRST FOR FOOD SERVICE (PTY) LTD

M1996/004223/07

In Business

17 Years

0

No

 

CCW CATERING SUPPLIES (PTY)LTD

M1998/005155/07

In Business

15 Years 1 Months

1

No

 

BLUE AAARINE FROZEN FOODS (PTY) LTD

M1999/004243/07

In Business

14 Years 1 Months

1

No

 

M AND M QUALITY CHOICE (PTY)LTD

M1999/019914/07

In Business

13 Years 7 Months

0

No

 

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                               17 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BIDFOOD (PTY)LTD

M1993/004227/07

In Business

19 Years 9 Months

0

No

 

PORTION 8 OF ERF 853 SUNNINGHILL EXTENSION 22 CC

B1991/005594/23

Deregistration Final

22 Years 1 Months

0

No

 

BIDSHELF 30 (PTY)LTD

M1997/020679/07

Voluntary Liquidation

15 Years 4 Months

0

Yes

 

BASFOUR 407 CC

B1999/036144/23

Deregistration Final

13 Years 10 Months

0

No

 

FIRST FOOD DISTRIBUTORS (PTY) LTD

M1997/005052/07

In Business

16 Years

0

No

 

Principal's Deeds Information - No information on record

 

Principal – 10 of 10 BRIAN JOFFE

Surname

JOFFE

First Name

BRIAN

Other Names

NONE

Marital Status

 

ID Number

4706025112085

Verified ID Number

Yes

Current Age

66

Designation

DIRECTOR

Status

Active

Appointment Date

1989/04/28

Physical Address (at time of Appointment)

1   HARRIS  ROAD, MORNINGSIDE  EXT 20, 2057

Postal Address

PO BOX 87274, HOUGHTON, HOUGHTON, 2041

Current Tel Number

0117728791

Cell number

0798531286

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 


Business Information for BRIAN JOFFE

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DIVINE FOODS CC

B1998/033465/23

Conversion CO/CC or CC/CO

14 Years 10 Months

0

No

 

MOMENTOUS SPORTS

CORPORATION CC

B1999/060275/23

Conversion CO/CC or CC/CO

13 Years 6 Months

0

No

 

BRIANJOF MANAGEMENT (PTY) LTD

M1998/018113/07

In Business

14 Years 7 Months

0

No

 

S WAINSTEIN AND CO (PTY)LTD

M1998/018153/07

In Business

14 Years 7 Months

0

No

 

BIDOFFICE (PTY) LTD

M1998/022698/07

In Business

14 Years 5 Months

0

No

 

BIDVEST FREIGHT TERMINALS (PTY) LTD

M1999/000644/07

In Business

14 Years 3 Months

0

No

 

BIDAFRICA MARINE SERVICES (PTY)LTD

M1999/003719/07

AR Final Deregistration

14 Years 2 Months

0

No

 

BLUE MARINE FROZEN FOODS (PTY) LTD

M1999/004243/07

In Business

14 Years 1 Months

1

No

 

STEINER GROUP (PTY) LTD

M1999/012958/07

In Business

13 Years 10 Months

0

No

 

M AND M QUALITY CHOICE (PTY)LTD

M1999/019914/07

In Business

13 Years 7 Months

0

No

 

MY BILTONG (PTY) LTD

M2000/005808/07

AR Final Deregistration

13 Years 1 Months

0

No

 

BIDVEST BANK HOLDINGS LTD

M2000/006449/06

In Business

13 Years

0

No

 

BIDVEST BANK LTD

M2000/006478/06

In Business

13 Years

1

No

 

MASTER COINS (PTY) LTD

M2000/010104/07

In Business

12 Years 11 Months

0

No

 

MELISIZWA PROPERTY SERVICES (PTY)LTD

M2000/018454/07

In Business

12 Years 8 Months

0

No

 

LUFIL PACKAGING (PTY) LTD

M2000/020528/07

In Business

12 Years 8 Months

0

No

 

BID SERVICES DIVISION (PTY)LTD

M2001/019861/07

In Business

11 Years 8 Months

0

No

 

BIDVEST PROCUREMENT (PTY) LTD

M2001/020704/07

In Business

11 Years 8 Months

0

No

 

BIDSHELF 45 (PTY) LTD

M2002/027931/07

Deregistration Process

10 Years 5 Months

0

No

 

TEA TIME INVESTMENTS (PTY) LTD

M2002/031114/07

In Business

10 Years 4 Months

0

No

 

BIDSHELF 62 (PTY) LTD

M2003/002101/07

In Business

10 Years 3 Months

0

No

 

TRI-MARK INDUSTRIES (PTY) LTD

M2004/009489/07

In Business

9 Years

0

No

 

EVERYDAY FOODS (PTY) LTD

M2004/009702/07

In Business

9 Years

0

No

 

INTERNATIONAL BAKERY INGREDIENTS (PTY) LTD

M2004/009856/07

In Business

9 Years

0

No

 

JAIR (PTY)LTD

M2005/012418/07

In Business

8 Years

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                       11 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

IBHAYI PROPERTY SERVICES (PTY)LTD

M1999/004165/07

Deregistration Final

14 Years 2 Months

0

No

 

BIDSHELF 44 (PTY)LTD

M2002/028279/07

Deregistration Process

10 Years 5 Months

0

No

 

BIDSHELF 39 (PTY)LTD

M2000/010153/07

In Business

12 Years 11 Months

0

No

 

HEEVER RUBBER AND TYRE (PTY)LTD

M2000/007179/07

In Business

13 Years

0

No

 

INTERNATIONAL PAYMENT SYSTEMS (PTY) LTD

M1999/010958/07

In Business

13 Years 11 Months

0

No

 

BID FOOD SERVICES DIVISION (PTY)LTD

M2001/019894/07

In Business

11 Years 8 Months

0

No

 

BIDTRAVEL (PTY)LTD

M1999/020026/07

In Business

13 Years 6 Months

0

No

 

BIDFOOD TECHNOLOGIES (PTY) LTD

M2002/012688/07

In Business

10 Years 11 Months

0

No

 

BIDSHELF 72 (PTY)LTD

M1999/001612/07

Deregistration Process

14 Years 3 Months

0

No

 

BIDSHELF 31 (PTY)LTD

M1996/000650/07

Voluntary Liquidation

17 Years 3 Months

0

Yes

 

SEATING (PTY)LTD

M1999/008154/07

In Business

14 Years

0

No

 

BIDSERV INDUSTRIAL PRODUCTS (PTY)LTD

M2002/031805/07

In Business

10 Years 4 Months

0

No

 

BIDVEST WITS UNIVERSITY FOOTBALL CLUB (PTY) LTD

M2002/031176/07

In Business

10 Years 4 Months

0

No

 

RENNIES DISTRIBUTION SERVICES (PTY)LTD

M2003/001812/07

In Business

10 Years 3 Months

0

No

 

SHANDUKA GROUP (PTY) LTD

M2001/004663/07

In Business

12 Years 1 Months

0

No

 

HEEVER RUBBER INTERNATIONAL (PTY) LTD

M2003/014335/07

Deregistration Final

9 Years 10 Months

0

No

 

BIDSHELF 42 (PTY)LTD

M2000/014759/07

Deregistration Process

12 Years 9 Months

0

No

 

OUT THE SQUARE (PTY) LTD

M2000/011762/07

In Business

12 Years 10 Months

0

No

 

HLWEKISA PROPERTY SERVICES (PTY)LTD

M1999/004237/07

Deregistration Final

14 Years 1 Months

0

No

 

BIDSHELF 57 (PTY)LTD

M2001/019914/07

Voluntary Liquidation

11 Years 8 Months

0

Yes

 

VERISERV (PTY)LTD

M2002/001742/07

In Business

11 Years 3 Months

0

No

 

BIDSHELF 61 (PTY)LTD

M2002/012176/07

Deregistration Process

10 Years 11 Months

0

No

 

MYMARKETDOT COM (PTY) LTD

M2000/014777/07

In Business

12 Years 9 Months

0

No

 

BIDSHELF 47 (PTY)LTD

M2002/031500/07

Deregistration Process

10 Years 4 Months

0

No

 

BIDSHELF 28 (PTY)LTD

M1999/001605/07

Voluntary Liquidation

14 Years 3 Months

0

Yes

 

Principal's Deeds Information - No information on record

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.30

UK Pound

1

Rs.82.88

Euro

1

Rs.70.80

 

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.