|
Report Date : |
03.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
EXPORTOS S A (PTY) LTD |
|
|
|
|
Registered Office : |
40 Villa
Valencia, Corner Monument and Annemoon Road, Kempton Park, Gauteng, 1619 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
30.10.1980 |
|
|
|
|
Com. Reg. No.: |
M1980/009857/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Manufacture
of pesticides and other agro-chemical products |
|
|
|
|
No. of Employees : |
60 employees |
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 (31.03.2011) |
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; a stock exchange that is the 18th largest in the world; and modern infrastructure supporting a relatively efficient distribution of goods to major urban centers throughout the region. Growth was robust from 2004 to 2007 as South Africa reaped the benefits of macroeconomic stability and a global commodities boom but began to slow in the second half of 2007 due to an electricity crisis and the subsequent global financial crisis' impact on commodity prices and demand. GDP fell nearly 2% in 2009 but recovered in 2010-11. Unemployment remains high and outdated infrastructure has constrained growth. 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. Daunting economic problems remain from the apartheid era - especially poverty, lack of economic empowerment among the disadvantaged groups, and a shortage of public transportation. South Africa''s economic policy is fiscally conservative focusing on controlling inflation and attaining a budget surplus. The current government largely follows these prudent policies but must contend with the impact of the global crisis and is facing 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 |
EXPORTOS
SA (PTY)LTD |
|
Country |
South
Africa |
|
Subject
Contact Person |
MARIE
ROETS -Debtors Clerk |
|
Assessment |
This is a
well-established business. On investigation contact was made with AAARIE
ROETS who assisted with the information. The business has been in operation
for more than 31 years. Trade References, Financial Information and banking
details are considered confidential. EXPORTOS SA (PTY) LTD buys products from
VILLA CROP PROTECTION (PTY) LTD and
sells it back. Please see the information obtained below. |
|
Registered
Name |
EXPORTOS
S A (PTY)LTD |
|
Trading
as/ Division Name |
None |
|
Previous
Name |
None |
|
Date
of Name Change |
None |
|
Registration
Number |
M1980/009857/07 |
|
Registration
Date |
1980/10/30 |
|
Date
Commenced Trading |
31
Years 11 Months |
|
Age
of Business |
31
Years 11 Months |
|
History
of Business |
EXPORTOS
S A (PTY)LTD was registered in October 1980 and operations commenced
immediately |
|
History
of Principals |
Unavailable |
|
Shareholders/Members/Partners
of subject and % holding |
100
% - THOMAS FRASER |
|
Authorised
Share Capital |
R0.00 |
|
Issued
Share Capital/Members Contribution |
R0.00 |
|
Status |
In
Business |
|
Operations
Assessment |
Exportos
SA (Pty) Ltd purchases off-patent crop protection products from an associate
company, VILLA CROP PROTECTION (PTY)LTD and retails them to non-shareholder
dealers |
|
Industry/
Customers |
Agricultural
Sector |
|
Export |
Yes |
|
Export
Countries |
Malawi |
|
Major
Industry Code / SICC |
33510 |
|
Definition
of Code |
Manufacture
of pesticides and other agro-chemical products |
|
Head
Office Physical Address |
40
Villa Valencia, Corner Monument and Annemoon Road, Kempton Park, Gauteng,
1619 |
|
Head
Office Postal Address |
PRIVATE
BAG 2006, MENLYN, 0063 |
|
Current
Tel Number |
0113962233 |
|
Cell
Number |
0829001019/083
2582632 |
|
Current
Fax Number |
0113964777 |
|
Current
Email Address |
|
|
Web
Site Address |
|
Company
Registered Name |
MDP
OUDITEURE ING |
|
Trading
Name |
MDP
AUDITORS INC |
|
Registration
Number |
1999/004166/21 |
|
Physical
Address |
42
Lebombo Road, Ashlea Gardens, 0081, MDP OUDITEURE |
|
Postal
Address |
PRIVATE
BAG 2006, MENLYN, 0063 |
|
Contact
Person |
|
|
Contact
Number |
0123400700 |
|
Email |
|
|
Principals |
5 |
|
Judgements
Against Subject |
No
Information found on file |
|
Judgements
Against Principals |
No
Information found on file |
|
Subject
Verified as Client |
Yes |
|
Practice
Number |
903973A |
|
VAT
Number |
4810186694 |
|
Tax
Number |
9880982641 |
|
BEE
Status |
Unavailable |
|
Financial
Year End |
February |
|
No
of years in Business |
3 |
|
Website |
Previous Auditors
|
Company Name |
Phone Number |
Time with
previous auditors |
Comment |
|
MALAN DU PREEZ
INC |
|
4 |
|
|
MALAN AND DY
PREEZ |
|
32 |
|
|
Vat
Number |
4320121785 |
|
Status |
ACTIVE |
|
Vat
Liable Date |
1991/09/30 |
|
Tax
Number |
9270126643 |
|
Financial
Year End |
February |
|
Black
Economic Empowerment |
|
|
Status |
No |
|
Comment |
The
company is not BEE Compliant |
|
ISO Status |
|
|
Comment |
Some
of the products are ISO Certified |
|
Workman's
compensation |
|
|
Registered |
Yes |
|
Compliance
Certified |
Yes |
Subsidiaries
|
Subsidiary
Company |
None |
|
Employees |
|
|
Number
of Employees |
60 |
|
Comment |
The
staff that work for Villa Crop Protection also work for Exportos SA (Pty)Ltd |
|
Company
Fleet |
No
of vehicles: |
Owned/Leased |
Value |
Outstanding
Balance |
|
Fleet
Operations |
|
|
|
|
|
The
Fleet is made up of |
|
|||
|
Comment |
There are no vehicles registered in the
name of the company |
|||
|
Offices |
Offices |
|
|
Head
Office Owned/ Rented |
Leased |
|
|
Rental
Company |
GETO
INVESTMENTS (PTY)LTD |
|
|
Lease
Agreement |
No
lease agreement in place |
|
|
Comment |
GETO INVESTMENTS
(PTY)LTD is a property owning company which is also an associate company |
|
|
Branch
Information |
||
|
Branches Names |
Country |
Province |
|
None |
South Africa |
|
|
Branch
Detail Information |
||
|
Comment |
There
are no reported branches of the concern |
|
Organisation
Chart
|
Level |
Position |
Name |
Comment |
|
1 |
CEO |
THOMAS FRASER |
|
|
2 |
Financial Manager |
Corne Potgieter |
|
|
3 |
IT Manager |
Andre du Plessis |
|
Company
Structure (Ownership)
Note: One level up and all levels
down
|
Holding |
Company |
Sub |
Comment |
|
100 % - THOMAS
FRASER |
EXPORTOS S A
(PTY) LTD |
None |
|
Key Deals
- No Information on Record
|
Trade Reference
nr |
Supplier |
Contact |
Surety Value |
Notarial
Bonds |
Comment |
|
1 |
Villa Crop
Protection |
021 873 6892 |
|
|
Villa Crop Protection is
associated to the company by director |
Trade
References Detail
|
Nr |
Age of Acc |
Credit
Limit |
Max
Credit |
Terms |
Average
Purchases |
Terms Taken |
Comment |
|
1 |
15 years |
|
|
30
days |
|
30 days |
Figures are considered
confidential, there is no credit limit in place |
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 Informat ion - No Information on Record
Property
Interests for Company EXPORTOS SA (PTY)LTD
|
Title
Deed No. |
ST66171/2011 |
Erf/Site
No. |
1113 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
|
|
Property
Type |
Sectional
Title / Unit |
Extent
/ Size |
94.0SQM |
|
Purchase
Date |
2011/02/02 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
SK65742007S |
Bond
Amount |
|
|
|
|||
|
Title
Deed No. |
ST66170/2011 |
Erf/Site
No. |
1113 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
|
|
Property
Type |
Sectional
Title / Unit |
Extent
/ Size |
94.0SQM |
|
Purchase
Date |
2011/02/02 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
SK65742007S |
Bond
Amount |
|
|
|
|||
|
Title
Deed No. |
ST65875/2009 |
Erf/Site
No. |
1113 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
4
ANEMOON GLENAAARAIS KEMPTON PARK |
|
Property
Type |
Sectional
Title / Unit |
Extent
/ Size |
94.0SQM |
|
Purchase
Date |
2009/02/28 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
SK65742007S |
Bond
Amount |
|
|
Title
Deed No. |
ST65875/2009 |
Erf/Site
No. |
1113 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
4
ANEMOON GLENAAARAIS KEMPTON PARK |
|
Property
Type |
Sectional
Title / Unit |
Extent
/ Size |
97.0SQM |
|
Purchase
Date |
2009/02/28 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
SK65742007S |
Bond
Amount |
|
|
|
|||
|
Title
Deed No. |
ST65875/2009 |
Erf/Site
No. |
1113 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
4
ANEMOON GLENMARAIS KEMPTON PARK |
|
Property
Type |
Sectional
Title / Unit |
Extent
/ Size |
97.0SQM |
|
Purchase
Date |
2009/02/28 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
SK65742007S |
Bond
Amount |
|
|
|
|||
|
Title
Deed No. |
ST65875/2009 |
Erf/Site
No. |
1113 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
4
ANEMOON GLENMARAIS KEMPTON PARK |
|
Property
Type |
Sectional
Title / Unit |
Extent
/ Size |
100.0SQM |
|
Purchase
Date |
2009/02/28 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
SK65742007S |
Bond
Amount |
|
|
Title
Deed No. |
ST66171/2011 |
Erf/Site
No. |
1113 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
|
|
Property
Type |
Sectional
Title / Unit |
Extent
/ Size |
18.0SQM |
|
Purchase
Date |
2011/02/02 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
SK65742007S |
Bond
Amount |
|
|
Title
Deed No. |
ST65875/2009 |
Erf/Site
No. |
1113 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
4
ANEMOON GLENMARAIS KEMPTON PARK |
|
Property
Type |
Sectional
Title / Unit |
Extent
/ Size |
18.0SQM |
|
Purchase
Date |
2009/02/28 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
SK65742007S |
Bond
Amount |
|
|
Number
of Principals |
1 |
|
Average
Age of Active Principals |
64 |
|
Active
Principals Principal - 1of 1 THOMAS FRASER |
|
|
Surname |
FRASER |
|
First
Name |
THOMAS |
|
Other
Names |
None |
|
Marital
Status |
Married |
|
ID
Number |
4206115068008 |
|
Verified
ID Number |
Yes |
|
Current
Age |
64 |
|
Designation |
BUSINESSMAN |
|
Status |
Active |
|
Appointment
Date |
1991/02/28 |
|
Physical
Address (at time of Appointment) |
69
FRIEDWEG, KEMPTON PARK, 1620 |
|
Postal
Address |
69
FRIEDWEG, KEMPTON PARK, 1620 |
|
Current
Tel Number |
0113962233 |
|
Cell
number |
0829001019 |
|
Shareholding/Membership |
100% |
Principal's
Adverse - No information on record
Business
Information for THOMAS FRASER
Principal
Current Business Interests
|
Company
Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
DIMOCUBE |
K2011/147219/08 |
In
Business |
1
Years 1 Months |
0 |
No |
|
|
SCAT
(PTY)LTD |
M1976/003888/07 |
Conversion
CO/CC or CC/CO |
0 |
0 |
No |
|
|
KUNKURA RESERVAAT
(PTY) LTD |
M1979/000934/07 |
In
Business |
33
Years 9 Months |
0 |
No |
|
|
SUNWOOD
CHEMICALS (PTY) LTD |
M1979/005244/07 |
In
Business |
33
Years 9 Months |
0 |
No |
|
|
EXPORTOS S A
(PTY) LTD |
M1980/009857/07 |
In
Business |
32
Years 8 Months |
0 |
No |
|
|
VILLA
CROP PROTECTION (PTY) LTD |
M1992/002474/07 |
In
Business |
20
Years 8 Months |
0 |
No |
|
|
QWEMICO
INVESTMENTS (PTY) LTD |
M1996/008039/07 |
In
Business |
16
Years 4 Months |
0 |
No |
|
|
CROP
ASURE (PTY) LTD |
M1997/004776/07 |
In
Business |
15
Years 3 Months |
0 |
No |
|
|
TOM
FRASER BELEGGINGS (PTY) LTD |
M1997/007289/07 |
In
Business |
15
Years 3 Months |
0 |
No |
|
|
KLEIN KUNKURA
(PTY) LTD |
M1998/012449/07 |
In
Business |
14
Years 2 Months |
0 |
No |
|
|
IRONCLAD
INVESTMENTS (PTY) LTD |
M1998/019280/07 |
In
Business |
14
Years 2 Months |
0 |
No |
|
|
GETO
INDUSTRIAL (PTY) LTD |
M1999/001027/07 |
In
Business |
13
Years 1 Months |
0 |
No |
|
|
GLENRIDGE
SUITES (PTY) LTD |
M1999/007302/07 |
In
Business |
13
Years 1 Months |
0 |
No |
|
|
TRIDENT
AGROCHEMICALS (PTY) LTD |
M2001/029744/07 |
In
Business |
11
Years 11 Months |
0 |
No |
|
|
VILLA
CROP PROTECTION INVESTMENTS (PTY) LTD |
M2003/022813/07 |
In
Business |
9
Years 9 Months |
0 |
No |
|
|
EXPORTOS EMPLOYEE
MANAGEMENT (PTY) LTD |
M2006/016148/07 |
In
Business |
6
Years 6 Months |
0 |
No |
|
|
VILLA FOUNDATION
FUND |
M2011/007969/08 |
In
Business |
1
Years 1 Months |
0 |
No |
|
Average Age of
Previous Business 18
years
|
Company Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
BOULEIGH
289 CC |
B1996/045071/23 |
Deregistration
Final |
16
Years 4 Months |
0 |
No |
|
|
HOLOGRAPHIX
PROPERTIES 280 CC |
B2001/004418/23 |
Deregistration
Final |
11
Years 11 Months |
0 |
No |
|
|
STEALTH
SAFARIS CC |
B2001/007366/23 |
Deregistration
Final |
11
Years 11 Months |
0 |
No |
|
|
ORBIT
CHEMICALS (PTY) LTD |
M1973/012110/07 |
In
Business |
39
Years 3 Months |
0 |
No |
|
|
CROPSERVE
(PTY)LTD |
M1980/008776/07 |
In
Business |
32
Years 8 Months |
0 |
No |
|
|
J F N MACHINE TOOLS (PTY) LTD |
M1983/012727/07 |
Deregistration
Final |
29
Years 5 Months |
0 |
No |
|
|
ASSOCIATION
OF VETERINARY AND CROP ASSOCIATIONS OF SOUTH AFRICA |
M1987/002403/08 |
In
Business |
25
Years 1 Months |
0 |
No |
|
|
PAZCHEM ISR (PTY)
LTD |
M1993/006666/07 |
Deregistration
Final |
19
Years 7 Months |
0 |
No |
|
|
JOMARKT DESIGN
CONSULTANTS (PTY) LTD |
M1997/002419/07 |
In
Business |
15
Years 3 Months |
0 |
No |
|
|
VILLA
44 VALENCIA (PTY) LTD |
M1997/002867/07 |
In
Business |
15
Years 3 Months |
0 |
No |
|
|
CROPLIFE
SOUTH AFRICA |
M2002/031906/08 |
In
Business |
10
Years 10 Months |
0 |
No |
|
|
TRIDENT
CROP PROTECTION (PTY) LTD |
M2004/001983/07 |
Deregistration
Final |
8
Years 8 Months |
0 |
No |
|
|
DOMINUS
CROPSCIENCE (PTY) LTD |
M2006/030941/07 |
Deregistration
Final |
6
Years 6 Months |
0 |
No |
|
Principal's
Deeds Information - No information on record
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.39 |
|
UK Pound |
1 |
Rs.88.76 |
|
Euro |
1 |
Rs.72.19 |
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.