|
Report Date : |
07.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
GALAXY JEWELLERY FINANCIAL SERVICES (PTY)LTD |
|
|
|
|
Registered Office : |
1
Canal Close Century Boulevard Century City 7441 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
24.05.2005 |
|
|
|
|
Com. Reg. No.: |
M2005/016864/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
· supplier of diamond jewellery to the jewellery chain store industry throughout South Africa. · Engaged in selling quality fine jewellery, predominantly in the diamond ring categories, supported by contemporary ranges of gold and silver jewellery and international watch brands. |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
TATUS |
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 – September 30th, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
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 |
GALAXY AND CO (PTY)LTD |
|
Country |
South Africa |
|
Enquiry Terms |
30 days |
|
Account Review |
Recommended every 6 months |
|
Subject Contact Person |
STEPHAN OLIVIER (CEO) |
|
Assessment |
This is a well-established business. On investigation we made contact with STEPHAN OLIVIER (CEO), who declined to assist with the required information. Please see the available information on the subject below. |
|
Registered Name |
GALAXY JEWELLERY FINANCIAL SERVICES (PTY)LTD |
||
|
Trading as/ Division Name |
GALAXY AND CO |
||
|
Previous Name |
None |
||
|
Registration Number |
M2005/016864/07 |
||
|
Registration Date |
2005/05/24 |
||
|
Date Commenced Trading |
2005-05-24 |
||
|
Age of Business |
8 Years 6 Months |
||
|
History of Business |
Galaxy was founded in 1930 by Mr. Icky Kurgan, under the name of I Kurgan & Co (Pty) Limited, a significant supplier to all major jewellery retail chains in South Africa. By 1970 Galaxy became the major supplier of diamond jewellery to the jewellery chain store industry throughout South Africa. The gold price spiked resulting in high commodity prices which resulted in a drop in unit sales forcing jewellery retailers to cut orders dramatically. Kurgan & Co, in an effort to keep the factory production going, responded to this downturn by opening its own retail outlets; Galaxy & Co. |
||
|
History of Principals |
There are 6 principles within the subject |
||
|
Shareholders/Members/Partners of subject and % holding |
In
2005 the incumbent management team purchased the business from Mr. Price, as
it was formerly a subsidiary company of the Mr Price group. |
||
|
Authorised Share Capital |
R1000.00 |
||
|
Issued Share Capital/Members Contribution |
R 120.00 |
||
|
Status |
Deregistration Final |
||
|
Operations Assessment |
The
subject main operation is to supply diamond jewellery. Engaged in selling quality fine jewellery, predominantly in the
diamond ring categories, supported by contemporary ranges of gold and silver
jewellery and international watch brands. |
||
|
Major Industry Code / SICC |
39211 |
||
|
Definition of Code |
Jewellery and related articles of precious
and semiprecious compounds |
||
|
Head Office Physical Address |
1
Canal Close Century Boulevard Century City 7441. The
address provided below belongs to the Distribution Centre of the subject09
Drukkery Road Goodwood CAPE TOWN7460 |
|
|
|
Head Office Postal Address |
P O BOX 3282 CAPE TOWN 8001 |
|
|
|
Current Tel Number |
0215903600 |
|
|
|
Cell Number |
0868869953 |
|
|
|
Web Site Address |
|
||
|
Comments |
The
subject status on CIPC is Deregistered- due to annual return non-compliance,
however Mrs Neethling stated that they the company is active We have contacted
the auditors and await a reply. |
|
|
|
Company Registered Name |
KPMG INC |
|
Registration Number |
1999/021543/21 |
|
Physical Address |
KPMG HouseNarvic DriveGreenacres6045 |
|
Postal Address |
P O BOX 1662PORT ELIZABETH6000 |
|
Contact Person |
MICHELLE |
|
Contact Number |
0413951500 |
|
Email |
|
|
Practice Number |
900117E |
|
VAT Number |
4530188665 |
|
Tax Number |
9559555843 |
|
BEE Status |
Level 2 |
|
No of years in Business |
6 Years 9 Months |
|
Website |
Previous Auditors Information - No Information on Record
|
Vat Number |
Unavailable |
|
Tax Number |
9427680153 |
|
Financial Year End |
Unavailable |
Black Economic Empowerment Information - No Information on Record
ISO Information - No Information on Record
Work Mans Information - No Information on Record
Subsidiaries Information - No Information on Record
Employees Information - No Information on Record
Company Fleet Information - No Information on Record
Offices Information - No Information on Record
|
Branch Detail Information |
|
|
Comment |
Galaxy & Co today is the largest independent jewellery retail chain in Southern Africa with a national footprint of 80 stores situated in every major shopping centre and high street location throughout the country with 3 stores in Namibia. The Namibia stores are held by a wholly owned subsidiary of Galaxy in the form of Galaxy Jewellers Africa (Pty) Limited. |
Organisation Chart
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
CEO |
STEPHANUS JANKOBUS |
|
|
OLIVIER |
|
||
Company Structure Information - No Information on Record
Note:
One level up and all levels down
Key Deals - No Information on Record
Trade References Information - No Information on Record
Judgements - No information on record
Business Rescue - No Information on Record
Default Listing - No information on record
Notarial Bonds - No information on record
Bank Information - No Information on Record
Bank Code History - No Information on Record
Previous Bank Account Information - No Information on Record
Deeds Information - No information on record
|
Number of Principals |
6 |
|
Average Age of Active Principals |
52 |
|
Active
Principals Principal - 1 of
6 GAVIN BLIGNAUT |
|
|
Surname |
BLIGNAUT |
|
First Name |
GAVIN |
|
Other Names |
RODNEY |
|
Marital Status |
|
|
ID Number |
7002115263088 |
|
Verified ID Number |
Yes |
|
Current Age |
43 Years 9 Months |
|
Designation |
BUSINESSMAN |
|
Status |
Active |
|
Appointment Date |
2005/05/24 |
|
Physical Address (at time of Appointment) |
6 PERDEBOS STREET,PROTEA VALLEY 7530 |
|
Postal Address |
P O BOX 3282CAPE TOWN8001 |
|
Current Tel Number |
0215903600 |
|
Cell number |
0834634873 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for GAVIN BLIGNAUT
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
GALAXY JEWELLERS (PTY)LTD |
M2003/019954/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 12 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
10 ROTTERDAM ROAD INVESTMENT HOLDING COMPANY (PTY)LTD |
M1997/014982/07 |
Deregistration Final |
16 Years 4 Months |
0 |
No |
|
|
GALAXY JEWELLERY FINANCIAL SERVICES
(PTY)LTD |
M2005/016864/07 |
Deregistration Final |
8 Years 8 Months |
0 |
No |
|
Principal Deeds
Information
Property Interests
for GAVIN BLIGNAUT
|
Title Deed No. |
T22946/2011 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
23 LEIDEN UITZICHT SECURITY ESTATE
DURBANVILLE |
|
Property Type |
Freehold |
Extent / Size |
620.0SQM |
|
Purchase Date |
2011/02/15 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
A B S A BANK LTD |
|
Bond Number |
B120712011 |
Bond Amount |
|
Principal - 2 of 6
RICHARD BUTTERFIELD
|
Surname |
BUTTERFIELD |
|
First Name |
RICHARD |
|
Other Names |
None |
|
Marital Status |
|
|
ID Number |
5012305072183 |
|
Verified ID Number |
Yes |
|
Current Age |
62 Years 11 Months |
|
Designation |
BUSINESSMAN |
|
Status |
Active |
|
Appointment Date |
2005/05/24 |
|
Physical Address (at time of Appointment) |
7 MARAIS ROADHOUT BAY7806 |
|
Postal Address |
7 MARAIS ROAD HOUT BAY7806 |
|
Current Tel Number |
0217902356 |
|
Cell number |
0826555427 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for RICHARD BUTTERFIELD
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BUTTERSOULE CHOCOLATE CC |
B2011/033332/23 |
In Business |
2 Years 2 Months |
0 |
No |
|
|
MAISON DE CHOCOLAT RESTAURANT CC |
B2011/033137/23 |
In Business |
2 Years 2 Months |
0 |
No |
|
|
SOLAR ESCAPE INVESTMENTS CC |
B1996/028817/23 |
In Business |
17 Years 5 Months |
0 |
No |
|
|
TOELANI CONSTRUCTION CC |
B1998/035491/23 |
In Business |
15 Years 3 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 |
|
221 NEPTUNE'S ISLE PROPERTIES CC |
B1997/046622/23 |
Deregistration Final |
16 Years 4 Months |
0 |
No |
|
|
ALAIRE PROPERTIES CC |
B1996/012067/23 |
Deregistration Final |
17 Years 5 Months |
0 |
No |
|
|
GALAXY JEWELLERS (PTY)LTD |
M2003/019954/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
|
GALAXY JEWELLERY FINANCIAL SERVICES (PTY)LTD |
M2005/016864/07 |
Deregistration Final |
8 Years 8 Months |
0 |
No |
|
|
GALPROP (PTY)LTD |
2007/030682/07 |
Deregistration Final |
6 Years 6 Months |
0 |
No |
|
|
STORECO MANAGEMENT SERVICES (PTY)LTD |
M1968/000687/07 |
Deregistration Final |
45 Years 9 Months |
0 |
No |
|
|
TESSUTI RETAIL (PTY)LTD |
M2007/025289/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
|
THE BUSINESS ZONE 786 CC |
2004/054616/23 |
Deregistration Final |
9 Years 9 Months |
0 |
No |
|
|
WESTPORT TRADING (PTY)LTD |
M2007/000519/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
Principal deeds
information
Property Interests
for RICHARD BUTTERFIELD
|
Title Deed No. |
T66419/2006 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
7 MARAIS SCOTT ESTATE HOUT BAY |
|
Property Type |
Freehold |
Extent / Size |
774.0SQM |
|
Purchase Date |
2006/06/01 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
|
Property Interests for RICHARD BUTTERFIELD |
|||
|
Title Deed No. |
ST1357/2013 |
Erf/Site No. |
18712 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
22 CHEPSTOWE TIJGERHOF MILNERTON |
|
Property Type |
Sectional Title |
Extent / Size |
76.0SQM |
|
Purchase Date |
2010/03/18 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
A B S A BANK LTD |
|
Bond Number |
SB4102013 |
Bond Amount |
|
Principal - 3 of 6
DARRNE KRAMER
|
Surname |
KRAMER |
|
First Name |
DARRNE |
|
Other Names |
JEFFREY |
|
Marital Status |
|
|
ID Number |
6210245035083 |
|
Verified ID Number |
Yes |
|
Current Age |
51 Years 1 Months |
|
Designation |
EXECUTIVE |
|
Status |
Active |
|
Appointment Date |
2005/05/24 |
|
Physical Address (at time of Appointment) |
1 PADMA ESTATE, AMANDA LANE, MORNINGSIDE, JOHANNESBURG, GAUTENG, 2196 |
|
Postal Address |
PO BOX 967, WENDYWOOD, WENDYWOOD, 2144 |
|
Current Tel Number |
0112694040 |
|
Cell number |
0833266554 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business
Information for DARRNE KRAMER
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ACDOCO SA 2007 (PTY)LTD |
M2007/007186/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
|
ADW CAPITAL (PTY)LTD |
K2013/209419/07 |
In Business |
0 |
0 |
No |
|
|
ASTLEY PROPERTIES (PTY)LTD |
M2000/020527/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
CAPITAL GATE (PTY)LTD |
M2006/031499/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
CAPITAL GATE HOLDINGS CC |
B2007/107909/23 |
In Business |
6 Years 6 Months |
0 |
No |
|
|
CAPITAL GATE ONE (PTY)LTD |
M2007/028667/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
|
CLIFTON DUNES INVESTMENTS 214 (PTY)LTD |
M2005/008401/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
INCUBETA HOLDINGS (PTY)LTD |
M2004/016127/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
MOSS MORRIS BUSINESS ADVISORY SERVICES (PTY)LTD |
M1997/011616/07 |
In Business |
16 Years 4 Months |
0 |
No |
|
|
MYSTIC BLUE TRADING 391 CC |
B2008/143336/23 |
In Business |
5 Years 5 Months |
0 |
No |
|
|
NOTEWORTHY TRADE 16 (PTY)LTD |
2010/005639/07 |
In Business |
3 Years 3 Months |
0 |
No |
|
|
SSA ACCELERATION GROUP (PTY)LTD |
K2013/178035/07 |
In Business |
0 |
0 |
No |
|
|
STRAWBERRY ROSE (PTY)LTD |
M2005/011950/07 |
In Business |
8 Years 8 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 |
||||||
|
ACDOCO S A (PTY)LTD |
M2007/007226/07 |
Deregistration Final |
6 Years 6 Months |
0 |
No |
|
||||||
|
AMERICAN HOME IMPROVEMENTS CC |
B1991/026955/23 |
Deregistration Final |
22 Years 10 Months |
0 |
No |
|
||||||
|
BATSWADI PHARMACEUTICALS (PTY)LTD |
M2005/027838/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
||||||
|
CORPORATE PERFOMANCE INVESTMENT HOLDINGS
(PTY)LTD |
M1997/006700/07 |
Deregistration Final |
16 Years 4 Months |
0 |
No |
|
||||||
|
DARREN KRAMER AND ASSOCIATES CC |
B1990/002295/23 |
Deregistration Final |
23 Years 11 Months |
0 |
No |
|
||||||
|
ENS BUSINESS ADVISORY SERVICES (PTY)LTD |
2004/016197/07 |
Deregistration Final |
9 Years 9 Months |
0 |
No |
|
||||||
|
FOONDI MEDIA SOLUTIONS (PTY)LTD |
M2008/001792/07 |
In Business |
5 Years 5 Months |
0 |
No |
|
||||||
|
GALAXY JEWELLERS (PTY)LTD |
M2003/019954/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
||||||
|
GALAXY JEWELLERY FINANCIAL SERVICES
(PTY)LTD |
M2005/016864/07 |
Deregistration Final |
8 Years 8 Months |
0 |
No |
|
||||||
|
LEW GEFFEN FINANCIAL SERVICES CC |
B2004/075649/23 |
Conversion CO/CC or CC/CO |
9 Years 9 Months |
0 |
No |
|
||||||
|
MATES BEAUTY (PTY)LTD |
M2000/025973/07 |
Voluntary Liquidation |
13 Years 1 Months |
0 |
Yes |
|
||||||
|
PRECIOUS PROSPECT TRADING 273 (PTY)LTD |
2008/001790/07 |
In Business |
5 Years 5 Months |
0 |
No |
|
||||||
|
SASFIN FINANCIAL ADVISORY SERVICES
(PTY)LTD |
1997/010819/07 |
In Business |
16 Years 4 Months |
0 |
No |
|
||||||
|
WESTPORT TRADING (PTY)LTD |
M2007/000519/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
||||||
|
WRC TRADING (PTY)LTD |
M2006/016622/07 |
Deregistration Final |
7 Years 7 Months |
0 |
No |
|
||||||
Principal Deeds
Information
Property Interests
for DARRNE KRAMER
|
Title Deed No. |
|
Erf/Site No. |
|
|
Deeds Office |
|
Physical Address |
|
|
Property Type |
|
Extent / Size |
|
|
Purchase Date |
|
Purchase price |
|
|
% Ownership |
|
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
|
Comment |
|
||
Principal - 4 of 6
STEPHANUS OLIVIER
|
Surname |
OLIVIER |
|
First Name |
STEPHANUS |
|
Other Names |
JANKOBUS |
|
Marital Status |
|
|
ID Number |
6109045011080 |
|
Verified ID Number |
Yes |
|
Current Age |
52 Years 2 Months |
|
Designation |
BUSINESSMAN |
|
Status |
Active |
|
Appointment Date |
2005/05/24 |
|
Physical Address (at time of Appointment) |
6 GROBLER STREETDURBANVILLE7550 |
|
Postal Address |
P O BOX 3282CAPE TOWN 8001 |
|
Current Tel Number |
0215903600 |
|
Cell number |
0826575124 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business
Information for STEPHANUS OLIVIER
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
EVANGELISE AFRICA TODAY |
M2002/024973/08 |
In Business |
11 Years 11 Months |
0 |
No |
|
|
GALAXY HOLDINGS (PTY)LTD |
M2010/017557/07 |
In Business |
3 Years 3 Months |
0 |
No |
|
|
GALAXY JEWELLERS (PTY)LTD |
M2003/019954/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
|
STEPHAN OLIVIER GENOTE |
6109045011080 |
|
Unknown |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 9 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CANYON SPRINGS INVESTMENTS 133 (PTY)LTD |
M2007/034171/07 |
Deregistration Final |
6 Years 6 Months |
0 |
No |
|
|
CROWN HILL PROPERTIES 111 CC |
2004/059519/23 |
Deregistration Final |
9 Years 9 Months |
0 |
No |
|
|
ETHICON (PTY)LTD |
M1998/004329/07 |
Deregistration Final |
15 Years 3 Months |
0 |
No |
|
|
GALAXY JEWELLERY FINANCIAL SERVICES
(PTY)LTD |
M2005/016864/07 |
Deregistration Final |
8 Years 8 Months |
0 |
No |
|
|
GALPROP (PTY)LTD |
2007/030682/07 |
Deregistration Final |
6 Years 6 Months |
0 |
No |
|
|
HA-AMI INVESTMENTS CC |
B2000/073872/23 |
Deregistration Final |
13 Years 1 Months |
0 |
No |
|
|
MODEL CASH BUTCHERIES CC |
B1996/000428/23 |
Provisional Liquidation |
17 Years 5 Months |
0 |
Yes |
|
|
SILVEX 104 CC |
2004/059273/23 |
Deregistration Final |
9 Years 9 Months |
0 |
No |
|
|
TESSUTI RETAIL (PTY)LTD |
M2007/025289/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
|
WESTPORT TRADING (PTY)LTD |
M2007/000519/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
|
WRC TRADING (PTY)LTD |
M2006/016622/07 |
Deregistration Final |
7 Years 7 Months |
0 |
No |
|
Principal Deeds
Information
Property Interests
for STEPHANUS OLIVIER
|
Title Deed No. |
T16247/1997 |
Erf/Site No. |
0 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
10 BIRKENHEAD DE KELDERS DE KELDERS |
|
Property Type |
Freehold |
Extent / Size |
616SQM |
|
Purchase Date |
1996/10/03 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
FIRST NAT BANK |
|
Bond Number |
B118841997 |
Bond Amount |
|
|
Comment |
|
||
Principal - 5 of 6
MICHAEL SMITH
|
Surname |
SMITH |
|
First Name |
MICHAEL |
|
Other Names |
CARLIN |
|
Marital Status |
|
|
ID Number |
5703075220081 |
|
Verified ID Number |
Yes |
|
Current Age |
56 Years 8 Months |
|
Designation |
BUSINESSMAN |
|
Status |
Active |
|
Appointment Date |
2005/05/24 |
|
Physical Address (at time of Appointment) |
27 GROBLER STREETDURBANVILLE7550 |
|
Postal Address |
P O BOX 3282CAPE TOWN8001 |
|
Current Tel Number |
0118733106 |
|
Cell number |
0833215308 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information for MICHAEL SMITH
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
GALAXY JEWELLERS (PTY)LTD |
M2003/019954/07 |
In Business |
10 Years 10 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 |
|
GALAXY JEWELLERY FINANCIAL SERVICES
(PTY)LTD |
M2005/016864/07 |
Deregistration Final |
8 Years 8 Months |
0 |
No |
|
|
GALPROP (PTY)LTD |
2007/030682/07 |
Deregistration Final |
6 Years 6 Months |
0 |
No |
|
|
ND-MS TRADING ENTERPRISES CC |
M1994/020355/23 |
Deregistration Final |
19 Years 7 Months |
0 |
No |
|
|
TESSUTI RETAIL (PTY)LTD |
M2007/025289/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
|
WESTPORT TRADING (PTY)LTD |
M2007/000519/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
Principal Deeds
Information
Property Interests
for MICHAEL SMITH
|
Title Deed No. |
T114624/2003 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
27 GROBLER AURORA DURBANVILLE |
|
Property Type |
Freehold |
Extent / Size |
1250.0SQM |
|
Purchase Date |
2003/09/23 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
NEDBANK LTD |
|
Bond Number |
B745882003 |
Bond Amount |
|
|
Comment |
|
||
Principal - 6 of 6
HEIN STOOP
|
Surname |
STOOP |
|
First Name |
HEIN |
|
Other Names |
LAUN |
|
Marital Status |
|
|
ID Number |
6104195070002 |
|
Verified ID Number |
Yes |
|
Current Age |
52 Years 7 Months |
|
Designation |
BUSINESSMAN |
|
Status |
Active |
|
Appointment Date |
2005/05/24 |
|
Physical Address (at time of Appointment) |
8 KAREEBERG PLACE, ALBERTSDAL, ALBERTON, 1450 |
|
Postal Address |
P O BOX 145416, BRACKEN GARDENS, 1450 |
|
Current Tel Number |
0215903600 |
|
Cell number |
0834434318 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information for HEIN STOOP
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CUPID''S CAVE CC |
B1995/016705/23 |
Deregistration Process |
18 Years 6 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 |
|
GALAXY JEWELLERS (PTY)LTD |
M2003/019954/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
|
GALAXY JEWELLERY FINANCIAL SERVICES
(PTY)LTD |
M2005/016864/07 |
Deregistration Final |
8 Years 8 Months |
0 |
No |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.67 |
|
UK Pound |
1 |
Rs.100.65 |
|
Euro |
1 |
Rs.84.25 |
INFORMATION DETAILS
|
Report
Prepared by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to
overcome financial difficulties seems comparatively below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.