|
Report Date : |
13.08.2013 |
IDENTIFICATION DETAILS
|
Name : |
JC SPORT
AGENCIES CC |
|
|
|
|
Registered Office : |
Unit
C15, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
26.09.1997 |
|
|
|
|
Com. Reg. No.: |
B1993/024798/23 |
|
|
|
|
Legal Form : |
Close Corporation |
|
|
|
|
Line of Business : |
-- |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Unknown |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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 |
JC SPORTS
AGENCIES CC |
|
Country |
SOUTH
AFRICA |
|
Subject
Contact Person |
JOHN
BRIAN COMMINS - Member |
|
Assessment |
This is
an established business. On investigation contact was made with JOHN BRIAN COMMINS,who
declined to assist us with any informaion as he pays cash for all his
products purchased from India.Please see the information obtained below. |
|
Registered
Name |
JC SPORT
AGENCIES CC |
|
Trading
as/ Division Name |
None |
|
Previous
Name |
Declined |
|
Date of
Name Change |
1997-09-26 |
|
Registration
Number |
B1993/024798/23 |
|
Registration
Date |
1993/10/05 |
|
Date
Commenced Trading |
1993-10-05 |
|
Age of
Business |
19 Years
10 Months |
|
History
of Business |
JC SPORT
AGENCIES CC was registered in October 1993 and operations commenced
immediately. |
|
History
of Principals |
There
are two active members within the business. |
|
Shareholders/Members/Partners
of subject and % holding |
50 % - GAVIN
HARVEY, 50 % - JOHN BRIAN COMMINS |
|
Authorised
Share Capital |
R 0.00 |
|
Issued
Share Capital/Members Contribution |
R 0.00 |
|
Status |
In
Business |
|
Operations
Assessment |
The
operations of the business could not be established |
|
Industry/
Customers |
Undisclosed |
|
Export |
Declined |
|
Export
Countries |
|
|
Import |
Declined |
|
Import
Countries |
|
|
Major
Industry Code / SICC |
9000 |
|
Definition
of Code |
Other
activities not adequately defined. |
|
Head
Office Physical Address |
Unit C15,
Pinelands Business Park, Cape Town Cape Town, WESTERN CAPE |
|
Head
Office Postal Address |
POSTNET
SUITE 52, PRIVATE BAG X21, HOWARD PLACE, 7450 |
|
Current
Tel Number |
Declined |
|
Cell
Number |
0825626644
/0824436363 |
|
Current
Fax Number |
Declined |
|
Current
Email Address |
Declined |
|
Web Site
Address |
None |
|
Comments |
|
Auditors
Information - No Information on Record
Previous
Auditors Information - No Information on Record
|
Vat
Number |
4920177294 |
|
Status |
ACTIVE |
|
Vat
Liable Date |
1998/10/01 |
|
Tax
Number |
9180351034 |
|
Tax
Clearance Expire Date |
|
|
Financial
Year End |
June |
|
Comment |
|
Black
Economic Empowerment Information - No Information on Record
ISO Information
- No Information on Record
Work Mans
Information - No Information on Record
Company
Structure
Subsidiaries
Information - No Information on Record
Employees
Information - No Information on Record
Company Fleet
Information - No Information on Record
|
Offices
Information |
No
Information on |
Record |
|
|
||
|
Branch
Information |
No
Information on |
Record |
Management
Overview
Organisation
Chart
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
Member |
GAVIN
HARVEY |
|
|
|
|||
|
1 |
Member |
JOHN
BRIAN COMMINS |
|
Company
Structure (Ownership)
Note: One
level up and all levels down
|
Holding |
Company |
Sub |
Comment |
|
50 % -
GAVIN HARVEY |
JC SPORT
AGENCIES CC |
|
|
|
50 % - JOHN
BRIAN COMMINS |
JC SPORT
AGENCIES CC |
|
|
Key Deals
- No Information on Record
Trade
References Information - No Information on Record
Adverse
Information on Subject
Judgements
- No information on record
BusinessRescue
- No Information on Record
Default
Listing - No information on record
Notarial
Bonds - No information on record
Bank
Information - No Information on Record
Bank Code
History - No Information on Record
Previous
Bank Account Information - No Information on Record
Deeds
Information - No information on record
|
Principals |
|
|
Number
of Principals |
2 |
|
Average
Age of Active Principals |
49 |
|
Active
Principals Principal - 1of 2 GAVIN HARVEY |
|
|
Surname |
HARVEY |
|
First
Name |
GAVIN |
|
Other
Names |
ST JOHN |
|
Marital
Status |
|
|
ID
Number |
6301145058083 |
|
Verified
ID Number |
Yes |
|
Current
Age |
50 Years
7 Months |
|
Designation |
Member |
|
Status |
Active |
|
Appointment
Date |
2008/06/05 |
|
Physical
Address (at time of Appointment) |
8 PIN
OAK LANE, CONSTANTIA, 7800 |
|
Postal
Address |
8 PIN
OAK LANE, CONSTANTIA, 7800 |
|
Current
Tel Number |
0216572306 |
|
Cell
number |
0824436363 |
|
Shareholding/Membership |
50 % |
Principal's
Adverse - No information on record
Business Information
forGAVIN HARVEY Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
BLACK
BOTTLE BUBBLY CC |
B2010/155307/23 |
In
Business |
3 Years
3 Months |
0 |
No |
|
|
JC SPORT
AGENCIES CC |
B1993/024798/23 |
In
Business |
20 Years
8 Months |
0 |
No |
|
|
MEDWARE
MANAGEMENT SERVICES CC |
B1989/032061/23 |
In
Business |
0 |
0 |
No |
|
|
V-INNOVATION
ADMINISTRATION SERVICES (PTY)LTD |
M2006/027317/07 |
In
Business |
7 Years
7 Months |
0 |
No |
|
|
VENUE
FINDERS |
6301145058000 |
|
Unknown |
0 |
No |
|
Principal
Previous Business Interests
Average
Age of Previous Business 15
Years
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
G H
COMPUTER CONSULTANTS CC |
B1991/031430/23 |
Deregistration
Final |
22 Years
10 Months |
0 |
No |
|
|
LIBERTY
HEALTH HOLDINGS (PTY)LTD |
M2007/022498/07 |
In
Business |
5 Years
6 Months |
0 |
No |
|
|
NEIL HARVEY
AND ASSOCIATES CC |
B1987/020194/23 |
Conversion
CO/CC or CC/CO |
26 Years
2 Months |
0 |
No |
|
|
TRADE
ZONE 105 (PTY)LTD |
M2002/004196/07 |
Deregistration
Final |
11 Years
11 Months |
0 |
No |
|
|
VMEDICAL
SOLUTIONS (PTY)LTD |
M1998/006414/07 |
In Business |
15 Years
3 Months |
0 |
No |
|
Principal's
Deeds Information - No information on record
Principal
- 2of 2 JOHN COMMINS
|
Surname |
COMMINS |
|
First
Name |
JOHN |
|
Other
Names |
BRIAN |
|
Marital
Status |
|
|
ID
Number |
6502195060008 |
|
Verified
ID Number |
Yes |
|
Current
Age |
48 Years
6 Months |
|
Designation |
Member |
|
Status |
Active |
|
Appointment
Date |
1993/10/05 |
|
Physical
Address (at time of |
40 ST
ANDREW ROAD, CLAREMONT, 7708 |
|
Appointment) |
|
|
Postal
Address |
PO BOX 2233,
CLAREINCH, 7740 |
|
Current
Tel Number |
0215316321 |
|
Cell
number |
Unavailable |
|
Shareholding/Membership |
50 % |
Principal's
Adverse - No information on record
Business
Information forJOHN COMMINS
Principal Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
BLACK
BOTTLE BUBBLY CC |
B2010/155307/23 |
In
Business |
3 Years
3 Months |
0 |
No |
|
|
DOEPA
TRADING 52 CC |
B2011/026105/23 |
In
Business |
2 Years
2 Months |
0 |
No |
|
|
JC SPORT
AGENCIES CC |
B1993/024798/23 |
In
Business |
20 Years
8 Months |
0 |
No |
|
|
SHELFORD
(CAPE) CC |
B1999/014633/23 |
In
Business |
14 Years
2 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 |
|
BISHOPS
SCHOOL SHOP CC |
B2000/021555/23 |
Deregistration
Final |
13 Years
1 Months |
0 |
No |
|
|
BLACKBIRD
TRADING 363 CC |
B2011/020550/23 |
In
Business |
2 Years
2 Months |
0 |
No |
|
|
C F
GLASS CC |
B1992/012605/23 |
Deregistration
Final |
21 Years
9 Months |
0 |
No |
|
|
NATIONAL
PRIDE TRADING 418 (PTY)LTD |
M2007/007020/07 |
Deregistration
Final |
6 Years
6 Months |
0 |
No |
|
|
RAVENSCOE
TRADING 079 CC |
B2000/007964/23 |
Deregistration
Final |
13 Years
1 Months |
0 |
No |
|
|
THE
IDEAS ENGINE CC |
B2000/023766/23 |
Deregistration
Final |
13 Years
1 Months |
0 |
No |
|
Principal's
Deeds Information - No information on record
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.80 |
|
|
1 |
Rs.94.21 |
|
Euro |
1 |
Rs.81.03 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.