|
Report Date : |
12.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
BE-TABS PHARMACEUTICAL
(PTY)LTD |
|
|
|
|
Registered Office : |
14 Lautre Road, Stormill Ext 1, Roodepoort, 1724 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
05.04.1974 |
|
|
|
|
Com. Reg. No.: |
1993/003111/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Wholesale
trade in pharmaceuticals, toiletries and medical equipment |
|
|
|
|
No. of Employees : |
500 |
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 Unemployment remains high and outdated infrastructure has constrained growth.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 |
BE-TABS PHARMACEUTICALS
(PTY)LTD |
|
Country |
South Africa |
|
Subject Contact Person |
BERNADETTE - FINANCE |
|
Assessment |
This is a well-established and well -connected business. On investigation,
contact was made with BERNADETTE in the accounts department of the subject.
The subject has been in operation for 39 years and is meeting its one
commitment slightly over terms but is not considered a problem. A bank code C
was obtained for an enquiry amount of R100 000 on a C.O.D basis. No adverse
information was revealed during the investigation. Please see the information
obtained below. |
|
Registered Name |
BE-TABS PHARMACEUTICAL
(PTY)LTD |
|
Trading as/ Division Name |
None |
|
Previous Name |
BE-TABS PHARMACEUTICAL CC |
|
Date of Name Change |
Feb 28 1990 12:00AM |
|
Registration Number |
1993/003111/07 |
|
Registration Date |
1974/04/05 |
|
Date Commenced Trading |
April 1974 |
|
Age of Business |
38 Years 9 Months |
|
History of Business |
BE-TABS PHARMACEUTICAL (PTY)LTD
[1974/000408/07 ] was registered in April 1974. In 1990 the concern converted
to a Close Corporation [1990/007204/23 ]. In 1993, the concern later reverted
back a Private Company. |
|
History of Principals |
There are currently seven
directors of the subject. |
|
Shareholders/Members/Partners
of subject and % holding |
RANBAXY LABORATORIES LIMITED [Registered in
India]. RANBAXY (S.A.) (Pty) Ltd [1993/001413/07] - A wholly owned subsidiary
of RANBAXY LTD. RANBAXY LTD acquired BE-TABS PHARMACEUTICAL (PTY) LTD in
2006. |
|
Authorised Share Capital |
R0.00 |
|
Issued Share
Capital/Members Contribution |
R0.00 |
|
Status |
In Business |
|
Operations Assessment |
The subject is involved in Pharmaceutical Preparations and the
manufacture of pharmaceuticals, medicinal chemical and botanical products. |
|
Industry/ Customers |
Pharmaceutical |
|
Export |
Yes |
|
Export Countries |
|
|
Import |
|
|
Import
Countries |
|
|
Major
Industry Code / SICC |
61394 |
|
Definition
of Code |
Wholesale
trade in pharmaceuticals, toiletries and medical equipment |
|
Head
Office Physical Address |
14 Lautre Road, STORMILL EXT 1, ROODEPOORT, 1724 |
|
Head
Office Postal Address |
PO Box 43486,
Industria, Roodepoort,
2042 |
|
Current
Tel Number |
0114950100 |
|
Cell
Number |
None |
|
Current
Fax Number |
0114950150 |
|
Current
Email Address |
|
|
Web Site
Address |
|
|
Comments |
In
December 2012 DESMOND BROTHERS was re-appointed as a Director to replace
SAXEN VAN COLLER although not reflected by CI PC. |
|
Company
Registered Name |
KPMG INC |
|
Trading
Name |
None |
|
Registration
Number |
M1999/021543/21 |
|
Physical
Address |
85
EMPIRE ROAD, PARKTOWN, JOHANNESBURG, 2193 |
|
Postal
Address |
PRIVATE
BAG 9, PARKVIEW, 2122 |
|
Contact
Person |
|
|
Contact
Number |
0116477111 |
|
Email |
|
|
Principals |
205 |
|
Judgements Against Subject |
No
information found on file |
|
Judgements Against Principals |
|
|
Subject
Verified as Client |
Yes |
|
Practice
Number |
900141F |
|
VAT Number |
4530188665 |
|
Tax
Number |
9559555843 |
|
BEE
Status |
Level 2 |
|
Financial
Year End |
August |
|
No of
years in Business |
Unknown |
|
Website |
|
|
Comment |
|
|
Company Registered
Name |
SPENCER
STEWARD INC |
|
Trading
Name |
|
|
Registration
Number |
M1999/018618/21 |
|
Physical
Address |
22
Wellington Road, PARKTOWN, 2109 |
|
Postal
Address |
PRIVATE
BAG X60500, HOUGHTON, 2041 |
|
Contact
Person |
|
|
Contact
Number |
0100605000 |
|
Email |
|
|
Principals |
12 |
|
Judgements Against Subject |
No
information found on file |
|
Judgements Against Principals |
No
information found on file |
|
Subject
Verified as Client |
Yes |
|
Practice
Number |
905526E |
|
VAT
Number |
4460184254 |
|
Tax
Number |
9396046030 |
|
BEE
Status |
|
|
Financial
Year End |
June |
|
No of
years in Business |
Unknown |
|
Website |
|
|
Comment |
|
Previous
Auditors
|
Company
Name |
Phone
Number |
Time
with previous auditors |
Comment |
|
A
NEUHAUSAND CO |
|
16 |
|
|
GRANT
THORNTON |
|
Unknown |
|
|
ABOO
KALOO AND COMPANY |
|
Unknown |
|
|
MSGMMASUKU JEENA |
|
16 |
|
|
Vat
Number |
4270120217 |
|
Status |
ACTIVE |
|
Vat
Liable Date |
1991/09/30 |
|
Tax
Number |
9077015841 |
|
Tax
Clearance Expire Date |
|
|
Financial
Year End |
February |
|
Comment |
|
|
Black
Economic Empowerment |
|
|
Status |
|
|
Score |
|
|
Expire
Date |
|
|
BEE
Certificate Available |
|
|
Comment |
Sonke Pharmaceuticals (Pty) Ltd was established in January 2006
as a Black Economic Empowerment joint venture between Ranbaxy
SA (Pty) Ltd and Community Investment HoldingsSonke
Pharmaceuticals (Pty) Ltd is a Level 1 AAA Contributor |
|
|
|
|
ISO
Information - No Information on Record |
|
|
Workman's
compensation |
|
|
Registered |
Yes |
|
Compliance
Certified |
Yes |
|
Comment |
|
Subsidiaries
Information - No Information on Record
|
Employees |
||||
|
Number
of Employees |
500 |
|||
|
1.
Salaried employees |
|
|||
|
2. Waged
employees |
|
|||
|
3.
Permanent employees |
|
|||
|
4.
Casual employees |
|
|||
|
5. Contracted
employees |
|
|||
|
Comment |
|
|||
|
Company
Fleet |
||||
|
Company
Fleet |
No of
vehicles: |
Ownerd/Leased |
Value |
Outstanding
Balance |
|
Fleet
Operations |
|
|
|
|
|
The
Fleet is made up of |
|
|||
|
Comment |
There are
vehicles registered in the name of the concern, however further details were
not made
available |
|||
|
Light
delivery Vehicles |
|
|
|
|
|
Offices |
Offices |
|
|
Head
Office Owned/ Rented |
Owned |
|
|
Rental
Company |
None |
|
|
Owned by |
None |
|
|
Value |
|
|
|
Bond |
|
|
|
Bank |
|
|
|
Lease
Agreement |
None |
|
|
Lease
Expire Date |
|
|
|
Type of
Premises |
Office |
|
|
Comment |
|
|
|
Branch
Information |
||
|
Branches
Names |
Country |
Province |
|
None |
South
Africa |
|
Organisation Chart
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
CHIEF FINANCIAL OFFICER |
UDAI KUMAR |
|
|
|
|||
|
2 |
DIRECTOR |
SAXEN VAN COLLER |
|
|
|
|||
|
3 |
FINANCIAL DIRECTOR |
ASHISH MADAN |
|
Company
Structure Information - No Information on Record
Note: One
level up and all levels down
Key Deals
- No Information on Record
Trade
References
|
Trade
Reference nr |
Supplier |
Contact |
Surety
Value |
Notarial Bonds |
Comment |
|
1 |
CONSOL
GLASS |
012
3188800 |
|
|
|
|
2 |
CFT
LABEL PRINTING |
0116831155 |
|
|
|
|
3 |
LAPACK
(PTY)LTD |
0119741531 |
|
|
|
|
4 |
JET
PRINTERS |
0116141020 |
|
|
|
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
Comment |
|
1 |
CONSOL GLASS |
012 3188800 |
|
|
|
|
2 |
CFT LABEL PRINTING |
0116831155 |
|
|
|
|
3 |
LAPACK (PTY)LTD |
0119741531 |
|
|
|
|
4 |
JET PRINTERS |
0116141020 |
|
|
|
Trade
References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
|
|
|
|
|
|
AGAINST COMPANY POLICY TO PROVIDE TRADE REFERENCES |
|
2 |
13 Years |
|
R 200000 |
30 Days |
R100000 |
30 Days - 40 Days |
Good account |
|
3 |
10 Years |
R 350000.00 |
R 250000 |
30 Days |
R185000 |
30 Days |
Very good account |
|
4 |
30 Years |
|
R 400000 |
30 Days |
R 400000 |
30 Days |
Good Account. The subject has no credit limit set in place. |
Judgements - No information on record
BusinessRescue - No Information on Record
Adverse
Information on Subject
Default Listing - No
information on record
Notarial Bonds - No information on record
|
Bank |
STANDARD BANK |
|
Branch |
FORDSBURG |
|
Brach Code |
051001 |
|
Bank Account Number |
002501600 |
|
Type of Account |
CHEQUE ACCOUNT |
|
Account Name |
BE-TABS PHARMACEUTICAL (PTY)LTD |
|
Overdraft Facilities |
The subject enjoys an overdraft facility, further details
were not made available |
|
Bank Code |
C - R 100 000 |
|
Bank Comment |
The subject's bankers consider them good for all business
normal engagements. |
Bank Code
History - No Information on Record
Previous
Bank Account Information - No Information on Record
Deeds
Information
Property Interests
for CompanyBE-TABS PHARMACEUTICALS (PTY)LTD
|
Title Deed No. |
T29164/2011 |
Erf/Site No. |
|
|
Deeds Office |
JOHANNESBURG |
Physical Address |
13 YARON LEA GLEN RANDBURG |
|
Property Type |
Freehold / Ervin |
Extent / Size |
4212.0SQM |
|
Purchase Date |
2011/02/22 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
|
Comment |
|
||
|
|
|||
|
Title Deed No. |
T29164/2011 |
Erf/Site No. |
|
|
Deeds Office |
JOHANNESBURG |
Physical Address |
11 YARON LEA GLEN RANDBURG |
|
Property Type |
Freehold / Ervin |
Extent / Size |
4179.0SQM |
|
Purchase Date |
2011/02/22 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
|
Comment |
|
||
|
Title Deed No. |
T29164/2011 |
Erf/Site No. |
|
|
Deeds Office |
JOHANNESBURG |
Physical Address |
4 LAUTRE STORMILL RANDBURG |
|
Property Type |
Freehold / Ervin |
Extent / Size |
2380.0SQM |
|
Purchase Date |
2011/02/22 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
|
Comment |
|
||
|
|
|||
|
Title Deed No. |
T29164/2011 |
Erf/Site No. |
|
|
Deeds Office |
JOHANNESBURG |
Physical Address |
6 LAUTRE STORMILL RANDBURG |
|
Property Type |
Freehold / Ervin |
Extent / Size |
2170.0SQM |
|
Purchase Date |
2011/02/22 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
|
|
Comment |
|
||
Financial
Estimates
|
Please note the following: |
|
|
Turnover and assets less than R 1,000,000.00 |
The subject falls within the National Credit Act |
|
Turnover and assets less than R 2,000,000.00 |
The subject falls within the Consumer Protection Act |
Principals
|
Number of Principals |
7 |
|
Average Age of Active Principals |
52 |
|
Active Principals Principal - 1of 6 DALE ADKISSON |
|
|
Surname |
ADKISSON |
|
First Name |
DALE |
|
Other Names |
None |
|
Marital Status |
|
|
ID Number |
6009200000000 |
|
Verified ID Number |
No |
|
Current Age |
53 |
|
Designation |
BUSINESSMAN |
|
Status |
Active |
|
Appointment Date |
2011/02/28 |
|
Physical Address (at time of Appointment) |
2 OAK GLEN ROAD, TOMS RIVER, NEW JERSEY, AMERICA, 0000 |
|
Postal Address |
PLOT 90 SECTOT-32, GURGAON, HARYANA, INDIA, 0000 |
|
Current Tel Number |
|
|
Cell number |
|
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No
information on record
Business
Information forDALE ADKISSON
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BE-TABS PHARMACEUTICAL (PTY) LTD |
M1974/000408/07 |
Conversion CO/CC or CC/CO |
39 Years 3 Months |
0 |
No |
|
Principal Previous
Business Interests
Principal's
Deeds Information - No information on record
|
Principal - 2of 6 ARUN SAWHNEY |
|
|
Surname |
SAWHNEY |
|
First Name |
ARUN |
|
Other Names |
None |
|
Marital Status |
|
|
ID Number |
5510140000000 |
|
Verified ID Number |
No |
|
Current Age |
58 |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2010/06/24 |
|
Physical Address (at time of Appointment) |
APARTMENT NO H2E-83, TOWER E WESTEND HEIGHTS, DLF CITY
PHASE-V, GURGAON 122002, 0000 |
|
Postal Address |
APARTMENT NO H2-83, TOWER E WESTEND HEIGHTS, DLF CITY
PHASE-V, GURGAON 122002, 0000 |
|
Current Tel Number |
|
|
Cell number |
|
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No
information on record
Business Information
forARUN SAWHNEY Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BE-TABS PHARMACEUTICAL (PTY) LTD |
M1974/000408/07 |
Conversion CO/CC or CC/CO |
39 Years 3 Months |
0 |
No |
|
Principal
Previous Business Interests
Principal's
Deeds Information - No information on record
Average Age of Previous
Business 21 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BE-TABS INVESTMENTS CC |
B1990/007242/23 |
Conversion CO/CC or CC/CO |
23 Years 11 Months |
0 |
No |
|
|
RANBAXY (S A) (PTY) LTD |
M1993/001413/07 |
In Business |
20 Years 8 Months |
0 |
No |
|
|
Principal - 3of 6 SANJEEV DANI |
|
|
Surname |
DANI |
|
First Name |
SANJEEV |
|
Other Names |
INDRAVADAN |
|
Marital Status |
|
|
ID Number |
5911210000000 |
|
Verified ID Number |
No |
|
Current Age |
54 |
|
Designation |
BUSINESSMAN |
|
Status |
Active |
|
Appointment Date |
2010/06/24 |
|
Physical Address (at time of Appointment) |
162 BEACH TOWER, P BALU MARG, PRABHEDEVI, MUMBAI, 0000 |
|
Postal Address |
162 BEACH TOWER, P BALU MARG, PRABHEDEVI, MUMBAI, 0000 |
|
Current Tel Number |
|
|
Cell number |
|
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No
information on record
Business
Information forSANJEEV DANI
Principal Current Business
Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BE-TABS PHARMACEUTICAL (PTY) LTD |
M1974/000408/07 |
Conversion CO/CC or CC/CO |
39 Years 3 Months |
0 |
No |
|
|
RANBAXY (S A) (PTY) LTD |
M1993/001413/07 |
In Business |
20 Years 8 Months |
0 |
No |
|
Principal Previous Business
Interests
Principal's
Deeds Information - No information on record
Average Age of Previous
Business 23 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
|
BE-TABS INVESTMENTS CC |
B1990/007242/23 |
Conversion CO/CC or CC/CO |
23 Years 11 Months |
0 |
No |
|
|
|
Principal - 4of 6 UDAI KUMAR |
|||||||
|
Surname |
KUMAR |
||||||
|
First Name |
UDAI |
||||||
|
Other Names |
None |
||||||
|
Marital Status |
|
||||||
|
ID Number |
6104170000000 |
||||||
|
Verified ID Number |
No |
||||||
|
Current Age |
52 |
||||||
|
Designation |
CHIEF FINANCIAL OFFICER |
||||||
|
Status |
Active |
||||||
|
Appointment Date |
2008/06/30 |
||||||
|
Physical Address (at time of Appointment) |
968 EDDYSTONE CIRCLE, NAPERVILLE, IL 60565, UNITED STATES
OF AMERICA, 0000 |
||||||
|
Postal Address |
QUINNOX INC, 2056 WESTINGS AVENUE, SUITE 190 NAPERVILLE, IL
60563 UNITED STATES OF AMERICA, 0000 |
||||||
|
Current Tel Number |
|
||||||
|
Cell number |
|
||||||
|
Shareholding/Membership |
0.0000 |
||||||
Principal's
Adverse - No information on record
Business
Information forUDAI KUMAR
Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BE-TABS INVESTMENTS CC |
B1990/007242/23 |
Conversion CO/CC or CC/CO |
23 Years 11 Months |
0 |
No |
|
|
QUINNOX CONSULTANCY SERVICES LIMITED (INCORPORATED IN
MUMBAI) |
K2012/177755/10 |
In Business |
1 Years 1 Months |
0 |
No |
|
|
BE-TABS PHARMACEUTICAL (PTY) LTD |
M1974/000408/07 |
Conversion CO/CC or CC/CO |
39 Years 3 Months |
0 |
No |
|
Principal's
Deeds Information - No information on record
Principal Previous Business
Interests
Average Age of Previous
Business 16 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
RANBAXY (S A) (PTY) LTD |
M1993/001413/07 |
In Business |
20 Years 8 Months |
0 |
No |
|
|
IS3C CONSULTANCY
SERVICES(SA) (PTY) LTD |
M2000/031809/07 |
Deregistration Final |
13 Years 1 Months |
0 |
No |
|
Principal
- 5of 6 ASHISH MADAN
|
Surname |
MADAN |
|
First Name |
ASHISH |
|
Other Names |
None |
|
Marital Status |
|
|
ID Number |
7406030000000 |
|
Verified ID Number |
No |
|
Current Age |
39 |
|
Designation |
FINANCIAL DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2008/06/30 |
|
Physical Address (at time of Appointment) |
30 SANTA MONICA BOULEVARD, CENTURION GOLF ESTATE,
CENTURION, 0046 |
|
Postal Address |
P O BOX 10458, CENTURION, 0046 |
|
Current Tel Number |
|
|
Cell number |
|
|
Shareholding/Membership |
0.0000 |
Principal's
Adverse - No information on record
Business
Information forASHISH MADAN
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BE-TABS INVESTMENTS CC |
B1990/007242/23 |
Conversion CO/CC or CC/CO |
23 Years 11 Months |
0 |
No |
|
|
BE-TABS PHARMACEUTICAL (PTY) LTD |
M1974/000408/07 |
Conversion CO/CC or CC/CO |
39 Years 3 Months |
0 |
No |
|
Principal Previous Business
Interest
Principal's
Deeds Information - No information on record
|
Principal - 6of 6 RANJAN CHAKRAVARTI |
|
|
Surname |
CHAKRAVARTI |
|
First Name |
RANJAN |
|
Other Names |
None |
|
Marital Status |
|
|
ID Number |
5004220000000 |
|
Verified ID Number |
No |
|
Current Age |
63 |
|
Designation |
|
|
Status |
Active |
|
Appointment Date |
2007/05/04 |
|
Physical Address (at time of Appointment) |
26 PORTCHELLO DRIVE, CENTURION GOLF ESTATE, CENTURION, 0046 |
|
Postal Address |
P 0 BOX 10458, CENTURION, 0046 |
|
Current Tel Number |
|
|
Cell number |
|
|
Shareholding/Membership |
0.0000 |
Principal's
Adverse - No information on record
Business
Information forRANJAN CHAKRAVARTI Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BE-TABS INVESTMENTS CC |
B1990/007242/23 |
Conversion CO/CC or CC/CO |
23 Years 11 Months |
0 |
No |
|
|
BE-TABS PHARMACEUTICAL (PTY) LTD |
M1974/000408/07 |
Conversion CO/CC or CC/CO |
39 Years 3 Months |
0 |
No |
|
Principal's
Deeds Information - No information on record
Principal Previous Business
Interest
Average Age of Previous
Business 14 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
RANBAXY (S A) (PTY) LTD |
M1993/001413/07 |
In Business |
20 Years 8 Months |
0 |
No |
|
|
SONKE PHARMACEUTICALS (PTY) LTD |
M2005/011027/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.54 |
|
|
1 |
Rs.88.05 |
|
Euro |
1 |
Rs.72.29 |
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.