|
Report Date : |
20.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
TEAMPLAY TRADING ENTERPRISES (PTY) LTD |
|
|
|
|
Registered Office : |
Unit 2 Elephant Park 35 Moreland Drive Redhill 4051
|
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
27.01.2006 |
|
|
|
|
Com. Reg. No.: |
M2006/002238/07 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacture of sports goods |
|
|
|
|
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 : |
Slow but correct |
|
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.
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 |
TEAMPLAY TRADING ENTERPRISES
(PTY)LTD |
|
Country |
South Africa |
|
Enquiry Terms |
30 Days |
|
Account Review |
Recommended Every 6
Months |
|
Subject Contact Person |
DARYL SCOTT-Director |
|
Assessment |
On investigation we made contact
with DARYL SCOTT the director who declined to assist with any information. He
requested the name of the principal enquirer before he will assist. Please
see the available information on the subject below. |
|
Registered Name |
TEAMPLAY TRADING
ENTERPRISES (PTY)LTD |
|
Trading as/ Division Name |
TEAMPLAY TRADING
ENTERPRISES |
|
Previous Name |
Unavailable |
|
Date of Name Change |
Sep 15 2006 12:00AM |
|
Registration Number |
M2006/002238/07 |
|
Registration Date |
2006/01/27 |
|
Date Commenced Trading |
2006-01-27 |
|
Age of Business |
7 Years 11 Months |
|
History of Business |
The subject was
established in 2006 |
|
History of Principals |
There is 1 active
director within the subject. |
|
Shareholders/Members/Partners
of subject and % holding |
100%-DARYL SCOTT |
|
Authorised Share Capital |
R1000.00 |
|
Issued Share
Capital/Members Contribution |
R 100.00 |
|
Status |
Conversion CO/CC or CC/CO |
|
Operations Assessment |
The subjects main operation
is import and export ,manufacture, wholesale and distribution of sporting and
camping equipment |
|
Industry/ Customers |
Sporting sector |
|
Export |
Yes |
|
Export Countries |
|
|
Import |
Yes |
|
Import Countries |
|
|
Major Industry Code /
SICC |
39230 |
|
Definition of Code |
Manufacture of sports
goods |
|
Head Office Physical
Address |
Unit 2 Elephant Park 35
Moreland Drive REDHILL 4051 |
|
Head Office Postal
Address |
Unavailable |
|
Current Tel Number |
0315696200 |
|
Cell Number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Web Site Address |
Unavailable |
|
Comments |
|
|
Company Registered Name |
SABANDT INCORPORATED |
|
Postal Address |
P O BOX 55738, POLOKWANE,
0700 |
|
Practice Number |
953008 |
|
No of years in Business |
Unknown |
|
Company Registered Name |
SAB &T INC. |
|
Postal Address |
P O BOX 646, BELLVILLE,
7535 |
|
Practice Number |
953008 |
|
No of years in Business |
7 Years 4 Months |
Previous Auditors
Information - No Information on Record
|
Vat Number |
4520225634 |
|
Status |
ACTIVE |
|
Vat Liable Date |
2006/02/01 |
|
Tax Number |
9265155169 |
|
Tax Clearance Expire Date |
|
|
Financial Year End |
May |
|
Comment |
|
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 Information - No
Information on Record
Company Structure
(Ownership)
Organisation Chart
|
Level |
Position |
Name |
Comment |
|
1 |
Director |
Daryl Scott |
|
Key Deals - No
Information on Record
|
Holding |
Company |
Sub |
Comment |
|
100%DARYL SCOTT |
TEAMPLAY TRADING ENTERPRISES(PTY)LTD |
|
|
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 |
1 |
|
Average Age of Active
Principals |
52 |
|
Active Principals
Principal - 1 of 1 DARYL SCOTT |
|
|
Surname |
SCOTT |
|
First Name |
DARYL |
|
Other Names |
NONE |
|
Marital Status |
|
|
ID Number |
6104145098004 |
|
Verified ID Number |
Yes |
|
Current Age |
52 Years 8 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2009/05/27 |
|
Physical Address (at time
of Appointment) |
3 SEDGEFIELD, 98 MARGARET
MAYTOM AVENUE, DURBAN, 4001 |
|
Postal Address |
P O BOX 40113, RED HILL,
4071 |
|
Current Tel Number |
0315143600 |
|
Cell number |
0723818776 |
|
Shareholding/Membership |
100% |
Principal's Adverse - No
information on record
Business Information for
DARYL SCOTT
Principal Current Business
Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
GREIG AGENCIES |
6104145098004 |
|
Unknown |
0 |
No |
|
|
TEAMPLAY TRADING
ENTERPRISES (PTY)LTD |
M2006/002238/07 |
Conversion CO/CC or CC/CO |
7 Years 7 Months |
0 |
No |
|
Principal Previous
Business Interests
|
Company Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
CATO
SPORTS (PTY)LTD |
M1991/002230/07 |
In
Liquidation |
22 Years 10
Months |
0 |
Yes |
|
|
SPORTOPIA
(PTY)LTD |
M1993/005513/07 |
Deregistration
Final |
20 Years 8 Months |
0 |
No |
|
|
SPORTSTEC
HOLDINGS (PTY)LTD |
M2006/006094/07 |
In
Business |
7
Years 7 Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.38 |
|
|
1 |
Rs.102.15 |
|
Euro |
1 |
Rs.85.29 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIS |
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.