MIRA INFORM REPORT

 

 

Report Date :

12.12.2013

 

IDENTIFICATION DETAILS

 

Name :

FARM-AG INTERNATIONAL (PTY)LTD

 

 

Registered Office :

22 Burnside Drivemount Edgecombe Durban 4302

 

 

Country :

South Africa

 

 

Date of Incorporation :

18.04.2005

 

 

Com. Reg. No.:

M2005/011761/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

·         Subject is an agro-chemical company

·         Manufacturer of crop protection chemicals and formulates the agrochemical inputs

 

 

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 – 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

FARMAG INTERNATIONAL (PTY)LTD

Country

South Africa

Account Review

Recommended every 6 months

Subject Contact Person

OLIVIER JOSEPH MAUJEAN

Assessment

This is a well-established business.

 

On investigation we made contact with OLIVIER JOSEPH MAUJEAN, the Financial Director, who assisted with most information, but required us to contact him next year as he is going on leave and he is busy.

 

Please see the available information below...

 

 

Company information

 

Registered Name

FARM-AG INTERNATIONAL (PTY)LTD

Previous Name

None

Date of Name Change

None

Registration Number

M2005/011761/07

Registration Date

2005/04/18

Date Commenced Trading

2005-04-18

Age of Business

8 Years 7 Months

History of Business

The subject was established in 2005

History of Principals

There are 4 active principles within the subject

Shareholders/Members/Partners of subject and % holding

100%- FARM-AG INTERNATIONAL (PTY) LTD

Status

In Business

Operations Assessment

Subject is an agro-chemical company

 

The subject main operation is to manufacture crop protection chemicals and formulates the agrochemical inputs

Industry/ Customers

Private Customers

Major Industry Code / SICC

33410

Definition of Code

MANUFACTURE OF BASIC CHEMICALS,EXCEPT FERTILIZERS AND NITROGEN COMPOUNDS

Head Office Physical Address

22 BURNSIDE DRIVEMOUNT EDGECOMBE DURBAN4302

Head Office Postal Address

P O BOX 1523 DURBAN4000

Current Tel Number

0315388700

Current Fax Number

0315025825

Current Email Address

info@farm-ag.co.za

Web Site Address

www.farm-ag.co.za

 


Auditors information

 

Company Registered Name

STUART EDWARDS INCORPORATED

Trading Name

STUART EDWARDS AND COMPANY

Registration Number

2005/014805/21

Physical Address

349 Vause RoadBereaDURBAN4001

Postal Address

P O BOX 70453OVERPORT4067

Contact Person

SHARON

Contact Number

0312078388

Email

sharon@stuartedwards.co.za

Principals

1

Subject Verified as Client

Yes

Practice Number

Unavailable

VAT Number

Unavailable

Tax Number

9540582153

BEE Status

Unavailable

Financial Year End

February

No of years in Business

Unavailable

Website

Unavailable

 

Previous Auditors Information - No Information on Record

 

Tax information

 

Vat Number

4830139855

Status

ACTIVE

Vat Liable Date

1993/11/01

Tax Number

9230151210

Tax Clearance Expire Date

 

Financial Year End

February

 

Black Economic Empowerment

 

Status

Yes

Score

3.00

Expire Date

Oct 42014

 

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

Financial Director

OLIVIER JOSEPH MAUJEAN

 

 

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

 

 

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 - 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

4

Average Age of Active Principals

63

 

Active Principals

 

Principal - 1 of 4 LOUIS MAINGARD

Surname

MAINGARD

First Name

LOUIS

Other Names

JOSEPH ROBERT

Marital Status

 

ID Number

3608315038007

Verified ID Number

No

Current Age

77 Years 3 Months

Designation

BUSINESS MAN

Status

Active

Appointment Date

2011/03/22

Physical Address (at time of Appointment)

27 AYR ROADDURBAN MORTH4051

Postal Address

P O BOX 1523DURBANDURBAN4001

Current Tel Number

0315388700

Cell number

0825551094

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for LOUIS MAINGARD

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AGROPHARM (PTY)LTD

M1999/023266/07

In Business

14 Years 2 Months

0

No

 

BACARAC TRADING 13 (PTY)LTD

M2005/001532/07

In Business

8 Years 8 Months

0

No

 

BOIPAC

LAMINATORS

(PTY)LTD

M2004/025289/07

In Business

9 Years 9 Months

0

No

 

BP GARAGE

FRANSCHHOEK

(PTY)LTD

M2005/030899/07

In Business

8 Years 8 Months

0

No

 

CASADOBE PROPS 10 (PTY)LTD

M2002/028736/07

In Business

11 Years 11 Months

0

No

 

CHANGING TIDES 323 (PTY)LTD

M2004/023937/07

In Business

9 Years 9 Months

0

No

 

CHASTE ANTIQUES (PTY)LTD

M2009/015767/07

In Business

4 Years 4 Months

0

No

 

CREAM MAGENTA 100 (PTY)LTD

M2004/023510/07

In Business

9 Years 9 Months

0

No

 

EXTRA

DIMENSIONS 170 (PTY)LTD

M2003/025932/07

In Business

10 Years 10 Months

0

No

 

FARM-AG

INTERNATIONAL

(PTY)LTD

M2005/011761/07

In Business

8 Years 8 Months

0

No

 

FULL SAIL 75 (PTY)LTD

M2004/025219/07

In Business

9 Years 9 Months

0

No

 

GALBORN (PTY)LTD

M1996/005948/07

In Business

17 Years 5 Months

0

No

 

GREEN WILLOWS PROPERTIES 181 (PTY)LTD

M2005/038688/07

In Business

8 Years 8 Months

0

No

 

MARBLE GOLD 83 (PTY)LTD

M2004/014624/07

In Business

9 Years 9 Months

0

No

 

MINX TRADE 42 (PTY)LTD

2004/023371/07

In Business

9 Years 9 Months

0

No

 

NORMANDY NATURAL SPRING WATER CC

B1996/042670/23

In Business

17 Years 5 Months

0

No

 

PROUD HERITAGE PROPERTIES 60 (PTY)LTD

M2004/011248/07

In Business

9 Years 9 Months

0

No

 

SHELL CASE 193 (PTY)LTD

M2004/031347/07

In Business

9 Years 9 Months

0

No

 

SOUTHERN SPIRIT PROPERTIES 166 (PTY)LTD

M2005/033628/07

In Business

8 Years 8 Months

0

No

 

SPUNBOND

HOLDINGS

(PTY)LTD

M1999/026310/07

In Business

14 Years 2 Months

0

No

 

SPUNCO CC

B1995/054732/23

In Business

18 Years 6 Months

0

No

 

STRAND GROUP DEVELOPMENTS (PTY)LTD

M2003/026204/07

In Business

10 Years 10 Months

0

No

 

TRADEQUICK 109 (PTY)LTD

M1998/014412/07

In Business

15 Years 3 Months

0

No

 

WIDEPROPS 47 (PTY)LTD

M1998/004196/07

In Business

15 Years 3 Months

0

No

 

WIDEPROPS 49 (PTY)LTD

M1998/004300/07

In Business

15 Years 3 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                       15 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ALPINE HEATH

SUPERVISION

(PTY)LTD

M1996/011936/07

In Business

17 Years 5 Months

0

No

 

ANCHORPROPS 39 (PTY)LTD

M2000/000879/07

In Business

13 Years 1 Months

0

No

 

AUTUMN STORM INVESTMENTS 229 (PTY)LTD

M2005/002393/07

In Business

8 Years 8 Months

0

No

 

BEAUTIFUL CONNECTIONS 45 (PTY)LTD

M1999/019135/07

Deregistration Final

14 Years 2 Months

0

No

 

BERCO CLEANING SERVICES (PTY)LTD

M1990/002202/07

Deregistration Final

23 Years 11 Months

0

No

 

CALLIETHA

INVESTMENTS

(PTY)LTD

1999/017961/07

In Business

14 Years 2 Months

0

No

 

COASTAL FARMERS''

AGROSCIENCE

(PTY)LTD

M1999/017876/07

Deregistration Final

14 Years 2 Months

0

No

 

COTTAGE KITCHEN CC

B1986/008647/23

Deregistration Final

27 Years 3 Months

0

No

 

DIEU DONNE WINERY CC

B1996/047750/23

Deregistration Final

17 Years 5 Months

0

No

 

FRANSCHHOEK DISTRIBUTORS CC

B1996/053002/23

Deregistration Final

17 Years 5 Months

0

No

 

GREEN WILLOWS PROPERTIES 302 (PTY)LTD

M2009/001957/07

In Business

4 Years 4 Months

0

No

 

GREENWAY WOODS

MANAGEMENT

(PTY)LTD

M1996/011964/07

In Business

17 Years 5 Months

0

No

 

GULF CHEMICALS (PTY)LTD

M1988/004638/07

Deregistration Final

25 Years 1 Months

0

No

 

IZOTSHA PROPERTY HOLDINGS CC

B1988/035454/23

In Business

25 Years 1 Months

0

No

 

PHARMAKON MANUFACTURING LABORATORIES CC

B1986/022898/23

Conversion CO/CC or CC/CO

27 Years 3 Months

0

No

 

SPUNCHEM (PTY)LTD

M1998/009605/07

Deregistration Final

15 Years 3 Months

0

No

 

STRAND

INTERNATIONAL TRADING (PTY)LTD

M1987/006193/07

Deregistration Process

26 Years 2 Months

0

No

 

THE COMPLETE LEISURE INVESTMENT CORPORATION (PTY)LTD

M1998/019557/07

In Business

15 Years 3 Months

0

No

 

THE HILTON GREEN (PTY)LTD

M2004/020441/07

In Business

9 Years 9 Months

0

No

 

VOLCANO

AGROSCIENCE

(PTY)LTD

M2000/004551/07

In Business

13 Years 1 Months

0

No

 

VOLCANO CHEMICALS (PTY)LTD

M2000/012658/07

In Business

13 Years 1 Months

0

No

 

VOLCANO

FORMULATION

(PTY)LTD

M1999/019134/07

Deregistration Final

14 Years 2 Months

0

No

 

VOLCANO

GRANULATION

(PTY)LTD

M2000/011533/07

Deregistration Final

13 Years 1 Months

0

No

 

WAVERTON TRADING (PTY)LTD

M1989/003953/07

Deregistration Final

 

0

No

 

WIDEPROPS 48 (PTY)LTD

M1998/004299/07

In Business

15 Years 3 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for LOUIS MAINGARD

 

Title Deed No.

T42866/2004

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

29 SAPHIRE LE ROUX FRANSCHHOEK

Property Type

Freehold

Extent / Size

177.0SQM

Purchase Date

2000/06/09

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

 

Property Interests for LOUIS MAINGARD

Title Deed No.

T42864/2004

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

25 SAPHIRE LE ROUX FRANSCHHOEK

Property Type

Freehold

Extent / Size

185.0SQM

Purchase Date

2000/06/09

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

 

Property Interests for LOUIS MAINGARD

Title Deed No.

T42868/2004

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

6 SOUVENIR LE ROUX FRANSCHHOEK

Property Type

Freehold

Extent / Size

194.0SQM

Purchase Date

2000/06/09

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

 

Property Interests for LOUIS MAINGARD

Title Deed No.

T42869/2004

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

6A SOUVENIR LE ROUX FRANSCHHOEK

Property Type

Freehold

Extent / Size

217.0SQM

Purchase Date

2000/06/09

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

 

Property Interests for LOUIS MAINGARD

Title Deed No.

T42863/2004

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

6C SOUVENIR LE ROUX FRANSCHHOEK

Property Type

Freehold

Extent / Size

198.0SQM

Purchase Date

2000/06/09

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

 

Property Interests for LOUIS MAINGARD

Title Deed No.

T42865/2004

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

6B SOUVENIR LE ROUX FRANSCHHOEK

Property Type

Freehold

Extent / Size

193.0SQM

Purchase Date

2000/06/09

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

 

Property Interests for LOUIS MAINGARD

Title Deed No.

T42862/2004

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

8 SOUVENIR LE ROUX FRANSCHHOEK

Property Type

Freehold

Extent / Size

273.0SQM

Purchase Date

2000/06/09

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

 

Property Interests for LOUIS MAINGARD

Title Deed No.

T42867/2004

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

27 SAPHIRE LE ROUX FRANSCHHOEK

Property Type

Freehold

Extent / Size

234.0SQM

Purchase Date

2000/06/09

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

 

Principal - 2 of 4 JOSEPH MAUJEAN

 

Surname

MAUJEAN

First Name

JOSEPH

Other Names

JACQUES MICHEL

Marital Status

 

ID Number

4412075079080

Verified ID Number

Yes

Current Age

69 Years 4 Months

Designation

ACCOUNTANT

Status

Active

Appointment Date

2011/03/22

Physical Address (at time of Appointment)

5 MONTIETH PLACE DURBAN NORTHKWAZULU-NATAL 4051

Postal Address

P O BOX 880HYPER BY THE SEA4053

Current Tel Number

0315388700

Cell number

0825551094

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for JOSEPH MAUJEAN

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BACARAC TRADING 13 (PTY)LTD

M2005/001532/07

In Business

8 Years 8 Months

0

No

 

BP GARAGE

FRANSCHHOEK

(PTY)LTD

M2005/030899/07

In Business

8 Years 8 Months

0

No

 

CASADOBE PROPS 10 (PTY)LTD

M2002/028736/07

In Business

11 Years 11 Months

0

No

 

CHANGING TIDES 323 (PTY)LTD

M2004/023937/07

In Business

9 Years 9 Months

0

No

 

CREAM MAGENTA 100 (PTY)LTD

M2004/023510/07

In Business

9 Years 9 Months

0

No

 

EXTRA

DIMENSIONS 170 (PTY)LTD

M2003/025932/07

In Business

10 Years 10 Months

0

No

 

FARM-AG

INTERNATIONAL

(PTY)LTD

M2005/011761/07

In Business

8 Years 8 Months

0

No

 

FARM-AG INTERNATIONAL TRADING (PTY)LTD

M1964/009084/07

In Business

49 Years 1 Months

0

No

 

FULL SAIL 75 (PTY)LTD

M2004/025219/07

In Business

9 Years 9 Months

0

No

 

GREEN WILLOWS PROPERTIES 181 (PTY)LTD

M2005/038688/07

In Business

8 Years 8 Months

0

No

 

LE BONHEUR FARM CC

B1988/028660/23

In Business

25 Years 1 Months

0

No

 

LOUBMAIN SHARE BLOCK (PTY)LTD

M1980/011152/07

In Business

33 Years 9 Months

0

No

 

MAIN-PAK (PTY)LTD

M1968/004781/07

In Business

45 Years 9 Months

0

No

 

MARBLE GOLD 83 (PTY)LTD

M2004/014624/07

In Business

9 Years 9 Months

0

No

 

MAUMAR (PTY)LTD

M1983/005424/07

In Business

30 Years 6 Months

0

No

 

MINX TRADE 42 (PTY)LTD

2004/023371/07

In Business

9 Years 9 Months

0

No

 

P J MAUJEAN CC

B2003/090882/23

In Business

10 Years 10 Months

0

No

 

SOUTHERN SPIRIT PROPERTIES 166 (PTY)LTD

M2005/033628/07

In Business

8 Years 8 Months

0

No

 

STRAND GROUP DEVELOPMENTS (PTY)LTD

M2003/026204/07

In Business

10 Years 10 Months

0

No

 

STRAND GROUP HOLDINGS LTD

M1978/002272/06

In Business

35 Years 11 Months

0

No

 

THE MAUJEAN TEAM CC

B1999/016405/23

In Business

14 Years 2 Months

0

No

 

TRADEQUICK 108 (PTY)LTD

M1998/014410/07

In Business

15 Years 3 Months

0

No

 

TRADEQUICK 109 (PTY)LTD

M1998/014412/07

In Business

15 Years 3 Months

0

No

 

WIDEPROPS 47 (PTY)LTD

M1998/004196/07

In Business

15 Years 3 Months

0

No

 

WIDEPROPS 49 (PTY)LTD

M1998/004300/07

In Business

15 Years 3 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                       22 Years

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BRASHVILLE PROPERTIES 65 (PTY)LTD

M2007/009952/07

Deregistration Final

6 Years 6 Months

0

No

 

BUDDINGTRADE 1086 CC

B1999/000951/23

Deregistration Final

14 Years 2 Months

0

No

 

CEDAR FALLS PROPERTIES 126 (PTY)LTD

M2006/027861/07

Deregistration Final

7 Years 7 Months

0

No

 

GULF CHEMICALS (PTY)LTD

M1988/004638/07

Deregistration Final

25 Years 1 Months

0

No

 

GULF REGISTRATIONS (PTY)LTD

M1974/002650/07

Deregistration Final

39 Years 3 Months

0

No

 

IZOTSHA PROPERTY HOLDINGS CC

B1988/035454/23

In Business

25 Years 1 Months

0

No

 

OAKWOOD CORNER (PTY)LTD

M2006/018493/07

Deregistration Final

7 Years 7 Months

0

No

 

RALE HOLDINGS LTD

M1946/023515/06

Voluntary Liquidation

67 Years 7 Months

0

Yes

 

ROBGUARD (PTY)LTD

M1982/010648/07

Deregistration Final

31 Years 7 Months

0

No

 

SPORTING AFFAIR INVESTMENTS 19 (PTY)LTD

M2006/000379/07

Deregistration Final

7 Years 7 Months

1

No

 

SPUNCHEM (PTY)LTD

M1998/009605/07

Deregistration Final

15 Years 3 Months

0

No

 

TILDENET (SA) (PTY)LTD

M1961/000807/07

In Business

52 Years 4 Months

0

No

 

WIDEPROPS 48 (PTY)LTD

M1998/004299/07

In Business

15 Years 3 Months

0

No

 

WINELANDS BATTERIES DISTRIBUTION (PTY)LTD

M2006/001076/07

In Business

7 Years 7 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for JOSEPH MAUJEAN

 

Title Deed No.

ST28289/2009

Erf/Site No.

1651,0

Deeds Office

PIETERMARITZBURG

Physical Address

5 MONTEITH DURBAN NORTH DURBAN NORTH

Property Type

Sectional Title

Extent / Size

432.0SQM

Purchase Date

 

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

B19011988

Bond Amount

 

 

Principal - 3 of 4 OLIVIER MAUJEAN

 

Surname

MAUJEAN

First Name

OLIVIER

Other Names

JOSEPH AMEDEE

Marital Status

 

ID Number

7010095062081

Verified ID Number

Yes

Current Age

43 Years 1 Months

Designation

CHARTERED ACCOUNTANT

Status

Active

Appointment Date

2011/03/22

Physical Address (at time of Appointment)

5 MONTEITH PLACEDURBAN NORTHKWA-ZULU NATAL4051

Postal Address

P O BOX 1523, DURBANDURBAN4001

Current Tel Number

0315388700

Cell number

0828208494

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for OLIVIER MAUJEAN

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AGROPHARM (PTY)LTD

M1999/023266/07

In Business

14 Years 2 Months

0

No

 

CIPLA AGRICARE (PTY)LTD

M2007/033120/07

In Business

6 Years 6 Months

0

No

 

FARM-AG

INTERNATIONAL

(PTY)LTD

M2005/011761/07

In Business

8 Years 8 Months

0

No

 

GAP CHEMICALS (PTY)LTD

K2011/101410/07

In Business

2 Years 2 Months

0

No

 

JUST JASMINE INVESTMENTS 176 (PTY)LTD

M2009/003743/07

AR Final Deregistration

4 Years 4 Months

0

No

 

K2012225042 (PTY)LTD

K2012/225042/07

In Business

1 Years 1 Months

0

No

 

SPUNMAN (PTY)LTD

M2009/007683/07

In Business

4 Years 4 Months

0

No

 

THE MAUJEAN TEAM CC

B1999/016405/23

In Business

14 Years 2 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

BUDDINGTRADE 1086 CC

B1999/000951/23

Deregistration Final

14 Years 2 Months

0

No

 

DOLPHIN COAST GOLF TOURS CC

B2002/040611/23

Deregistration Final

11 Years 11 Months

0

No

 

GREEN WILLOWS PROPERTIES 302 (PTY)LTD

M2009/001957/07

In Business

4 Years 4 Months

0

No

 

STRAND GROUP HOLDINGS LTD

M1978/002272/06

In Business

35 Years 11 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for OLIVIER MAUJEAN

 

Title Deed No.

ST20988/2012

Erf/Site No.

645,5

Deeds Office

PIETERMARITZBURG

Physical Address

286 EASTVIEW DURBAN NORTH DURBAN NORTH

Property Type

Sectional Title

Extent / Size

134.0SQM

Purchase Date

2011/07/21

Purchase price

 

% Ownership

0.00

Bond Holder

 

 

Principal - 4 of 4 AKTHAR HASSEN SHAIK

 

Surname

SHAIK

First Name

AKTHAR HASSEN

Other Names

HASSEN GH

Marital Status

 

ID Number

5012285128054

Verified ID Number

No

Current Age

62 Years 11 Months

Designation

MANAGER

Status

Active

Appointment Date

2012/02/29

Physical Address (at time of Appointment)

10 TOWER ROADLOTUSVILLEVERULAM4339

Postal Address

P O BOX 1523DURBAN DURBAN 4001

Current Tel Number

0315388700

Cell number

 

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for AKTHAR HASSEN SHAIK

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AGROPHARM (PTY)LTD

M1999/023266/07

In Business

14 Years 2 Months

0

No

 

CIPLA AGRICARE (PTY)LTD

M2007/033120/07

In Business

6 Years 6 Months

0

No

 

FARM-AG

INTERNATIONAL

(PTY)LTD

M2005/011761/07

In Business

8 Years 8 Months

0

No

 

GAP CHEMICALS (PTY)LTD

K2011/101410/07

In Business

2 Years 2 Months

0

No

 

MEGHMANI SOUTH AFRICA (PTY)LTD

K2012/015696/07

In Business

1 Years 1 Months

0

No

 

SHAIK AGCHEM CC

B1997/021482/23

Conversion CO/CC or CC/CO

16 Years 4 Months

0

No

 

SHAIKS NEST

5012285128054

 

Unknown

0

No

 

SPUNMAN (PTY)LTD

M2009/007683/07

In Business

4 Years 4 Months

0

No

 

TILDENET (SA) (PTY)LTD

M1961/000807/07

In Business

52 Years 4 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

ANCHORPROPS 39 (PTY)LTD

M2000/000879/07

In Business

13 Years 1 Months

0

No

 

ARGOS LIFESCIENCE (PTY)LTD

M1987/002723/07

In Business

26 Years 2 Months

0

No

 

CALLIETHA

INVESTMENTS

(PTY)LTD

1999/017961/07

In Business

14 Years 2 Months

0

No

 

CAPSTONE VEGETATION MANAGEMENT (PTY)LTD

2003/019966/07

In Business

10 Years 10 Months

0

No

 

COASTAL FARMERS''

AGROSCIENCE

(PTY)LTD

M1999/017876/07

Deregistration Final

14 Years 2 Months

0

No

 

COPPER MOON TRADING 402 (PTY)LTD

M2006/009467/07

In Business

7 Years 7 Months

0

No

 

GALBORN (PTY)LTD

M1996/005948/07

In Business

17 Years 5 Months

0

No

 

GREEN WILLOWS PROPERTIES 302 (PTY)LTD

M2009/001957/07

In Business

4 Years 4 Months

0

No

 

GULF

M1974/072803/10

Deregistration Final

39 Years 3 Months

0

No

 

GULF CHEMICALS (PTY)LTD

M1988/004638/07

Deregistration Final

25 Years 1 Months

0

No

 

HITECH SPECIALITIES (PTY)LTD

K2012/060179/07

In Business

1 Years 1 Months

0

No

 

JAZZ SPIRIT 124 (PTY)LTD

M2003/022137/07

Deregistration Final

10 Years 10 Months

0

No

 

KEMPTON CHEMICALS (PTY)LTD

M1982/001497/07

In Business

31 Years 7 Months

0

No

 

NEXUSAG (PTY)LTD

M1999/020667/07

In Business

14 Years 2 Months

0

No

 

SHAIKEL CHEMICALS (PTY)LTD

M1987/004200/07

Deregistration Final

26 Years 2 Months

0

No

 

STRAND AGROSCIENCE INVESTMENT HOLDINGS (PTY)LTD

M1982/007756/07

In Business

31 Years 7 Months

0

No

 

STRAND GROUP DEVELOPMENTS (PTY)LTD

M2003/026204/07

In Business

10 Years 10 Months

0

No

 

TRIDENT

PHARMACEUTICALS (PTY)LTD

M1997/006926/07

In Business

16 Years 4 Months

0

No

 

VOLCANO

AGROSCIENCE

(PTY)LTD

M2000/004551/07

In Business

13 Years 1 Months

0

No

 

VOLCANO CHEMICALS (PTY)LTD

M2000/012658/07

In Business

13 Years 1 Months

0

No

 

VOLCANO

FORMULATION

(PTY)LTD

M1999/019134/07

Deregistration Final

14 Years 2 Months

0

No

 

VOLCANO

GRANULATION

(PTY)LTD

M2000/011533/07

Deregistration Final

13 Years 1 Months

0

No

 

 

 


 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.33

UK Pound

1

Rs.100.79

Euro

1

Rs.84.38

 

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.