|
Report Date : |
28.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
JYOTI STRUCTURES AFRICA
(PTY)LTD |
|
|
|
|
Registered Office : |
57 Wessels Road, Chelsea
Office Park Block D, Rivonia, Gauteng, 2128 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
06.09.2006 |
|
|
|
|
Com. Reg. No.: |
M2006/027778/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Power generating
businesses such as ESKOM (Based in South Africa) and NAMPOWER (Based in
Namibia) |
|
|
|
|
No. of Employees : |
Not Available |
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 (31.03.2012) |
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 Unemployment remains high and outdated infrastructure has constrained growth.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 |
JYOTI STRUCTURES AFRICA
(PTY)LTD |
|
Country |
South Africa |
|
Subject Contact Person |
XOLISA MEMANI - Director |
|
Assessment |
This is a
well-established business. On investigation we made contact with XOLISA
MEAAANI the director of the subject who requested the questionnaire to be
sent to him. MR. MEMANI appears to be the only contact for the company. All
further information lead to the holding company based in india namely JYOTI
STRUCTURES LIMITED. We await further information from the subject. Please see
the available information on the subject below. |
|
Registered Name |
JYOTI STRUCTURES AFRICA
(PTY)LTD |
|
Date of Name Change |
Oct 12 2006 |
|
Registration Number |
M2006/027778/07 |
|
Registration Date |
2006/09/06 |
|
Date Commenced Trading |
2006-09-06 |
|
Age of Business |
6 Years 4 Months |
|
History of Business |
The subject was
established in 2006 and operations commenced immediately. |
|
History of Principals |
There are 6 active
directors within the subject. |
|
Shareholders/Members/Partners
of subject and % holding |
100 % - JYOTI STRUCTURES
LIMITED |
|
Authorised Share Capital |
R1000.00 |
|
Issued Share
Capital/Members Contribution |
R 100.00 |
|
Status |
In Business |
|
Operations Assessment |
Executing of high voltage
transmission lines and substations. |
|
Industry/ Customers |
Power generating
businesses such as ESKOM (Based in South Africa) and NAMPOWER (Based in
Namibia) |
|
Export |
Yes |
|
Major Industry Code /
SICC |
9000 |
|
Definition of Code |
Other activities not
adequately defined. |
|
Head Office Physical
Address |
57 WESSELS ROAD, CHELSEA
OFFICE PARK BLOCK D, RIVONIA, Gauteng, 2128 |
|
Head Office Postal
Address |
P 0 BOX 418, GLENVISTA,
JOHANNESBURG, Gauteng, 2058 |
|
Current Tel Number |
0177353050 |
|
Cell Number |
0833761117 |
|
Current Email Address |
|
|
Web Site Address |
|
Company Registered Name |
VOS STEYN VAN ZYL
INCORPORATED |
|
Trading Name |
VOS STEYN VAN ZYL |
|
Registration Number |
M1999/004106/21 |
|
Physical Address |
TAUTESTRAAT 24A, ERMELO,
2351 |
|
Postal Address |
PRIVATE BAG X9061, ERMELO, 2350 |
|
Contact Person |
|
|
Contact Number |
|
|
Email |
|
|
Principals |
6 |
|
Judgements Against
Subject |
|
|
Judgements Against
Principals |
|
|
Subject Verified as
Client |
Yes |
|
Practice Number |
924784A |
|
VAT Number |
4230180368 |
|
Tax Number |
9017031676 |
|
BEE Status |
|
|
Financial Year End |
August |
|
No of years in Business |
3 |
|
Website |
|
|
Comment |
|
Previous Auditors
|
Company Name |
Phone Number |
Time with previous
auditors |
Comment |
|
KPMG INC |
|
7 |
|
|
DOUGLAS DIX -PEEK AND
COMPANY |
|
Unknown |
|
|
Vat Number |
4670232778 |
|
Status |
ACTIVE |
|
Vat Liable Date |
2007/01/01 |
|
Tax Number |
9984685140 |
|
Tax Clearance Expire Date |
|
|
Financial Year End |
March |
|
Comment |
|
Black Economic Empowerment
Information - No Information on Record
|
Type of ISO Grade |
ISO 9001:2008 |
|
ISO Certificate |
|
|
ISO Certificate Available |
|
|
Certified by an
Accredited Agent |
|
|
Comment |
|
|
Type of ISO Grade |
ISO 14001:2004 |
|
ISO Certificate |
|
|
ISO Certificate Available |
|
|
Certified by an
Accredited Agent |
|
|
Comment |
|
|
Type of ISO Grade |
OHSAS 18001:2007 |
|
ISO Certificate |
|
|
ISO Certificate Available |
|
|
Certified by an
Accredited Agent |
|
|
Comment |
|
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 Branch
Information
Organisation Chart
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
Holding Company |
JYOTI STRUCTURES LIMITED |
|
Note: One level up and all levels down
|
Holding |
Company |
Sub |
Comment |
|
100% -
JYOTI STRUCTURES LIMITED |
JYOTI STRUCTURES AFRICA
(PTY) LTD |
|
|
Key Deals – No
Information on Record
Trade References
Information – No Information on Record
Judgements - – No
Information on Record
BusinessRescue – No Information on Record
Default Listing –
No Information on Record
Notarial Bonds – No
Information on Record
|
Number of Principals |
6 |
|
Average Age of Active
Principals |
51 |
|
Active Principals
Principal - 1of 6 XOLISA MEMANI |
|
|
Surname |
MEMANI |
|
First Name |
XOLISA |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
6507185312087 |
|
Verified ID Number |
Yes |
|
Current Age |
48 |
|
Designation |
BUSINESSMAN |
|
Status |
Active |
|
Appointment Date |
2010/03/08 |
|
Physical Address (at time
of Appointment) |
30 OLIVIA ROAD, BEREA,
2198 |
|
Postal Address |
P 0 BOX 2290, RIVONIA,
2128 |
|
Current Tel Number |
|
|
Cell number |
|
|
Shareholding/Membership |
0.0000 |
Business Information
forXOLISA MEMANI
Principal Current Business
Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
||||
|
XKM FINANCIAL ADVISORY
SERVICES (PTY)LTD |
M1996/017349/07 |
In Business |
17 Years 5 Months |
0 |
No |
|
||||
|
BUMBANO PROPERTIES (PTY)
LTD |
M1998/011372/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
||||
|
X K MEMANI RUITERS AND
ASSOCIATES (PTY) LTD |
M1998/024463/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
||||
|
K R EM INVESTMENT HOLDINGS (PTY) LTD |
M1998/024959/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
||||
|
K R E M CAPITAL (PTY) LTD |
M1999/014408/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
||||
|
SWASAP (PTY)LTD |
M1999/027286/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
||||
|
QUANTUM LEAP INVESTMENTS
517 (PTY) LTD |
M2001/008163/07 |
In Business |
0 |
0 |
No |
|
||||
|
UMYEZO PROPERTY HOLDINGS
(PTY) LTD |
M2001/020399/07 |
In Business |
0 |
0 |
No |
|
||||
|
SAVANNAH DANCER
INVESTMENTS 42 (PTY) LTD |
M2002/006104/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
||||
|
NEXUS CONNEXION (SA)
(PTY)LTD |
M2002/006172/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
||||
|
CEB WANANCHI TECHNOLOGIES
(PTY) LTD |
M2002/008566/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
||||
|
l-THINA COMPUTER
TECHNOLOGY (PTY) LTD |
M2002/021012/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
||||
|
SONKE COMPUTER SERVICES
AFRICA (PTY) LTD |
M2002/027162/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
||||
|
WANANCHI TECHNOLOGIES
(PTY) LTD |
M2003/020687/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
||||
|
BONANCHI TECHNOLOGIES
(PTY) LTD |
M2003/024476/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
||||
|
BURLINGTON STRATEGY
ADVISORS (PTY) LTD |
M2004/002573/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
||||
|
NEOTEL (PTY)LTD |
M2004/004619/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
||||
|
SEPCO COMMUNICATIONS (PTY) LTD |
M2004/015291/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
||||
|
REDLEX 298 (PTY) LTD |
M2004/031426/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
||||
|
VUWA INVESTMENTS (PTY) LTD |
M2005/009252/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
||||
|
CEB WANANCHI SYSTEMS
(PTY)LTD |
M2005/031403/07 |
In Business |
8 Years 8 Months |
1 |
No |
|
||||
|
TROPICAL PARADISE TRADING
527 (PTY)LTD |
M2006/021205/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
||||
|
JYOTI STRUCTURES AFRICA
(PTY)LTD |
M2006/027778/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
||||
|
SCARLET IBIS INVESTMENTS
187 (PTY) LTD |
M2006/036414/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
||||
|
NEXUS OP COMPANY (PTY)
LTD |
M2007/008029/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
||||
Principal Previous Business
Interest
Average Age of Previous
Business 11 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ELECTRONIC MEDIA NETWORK
LTD |
M1985/002853/06 |
In Business |
28 Years 4 Months |
0 |
No |
|
|
AMB HOLDINGS LTD |
M1995/003054/06 |
|
18 Years 6 Months |
0 |
No |
|
|
MANYANO INVESTMENTS (PTY)
LTD |
M1996/003474/07 |
Deregistration Final |
17 Years 5 Months |
0 |
No |
|
|
AMB CAPITAL LTD |
M1996/016470/06 |
In Business |
17 Years 5 Months |
0 |
No |
|
|
SUPERSPORT INTERNATIONAL
HOLDINGS LTD |
M1997/004203/06 |
In Business |
16 Years 4 Months |
0 |
No |
|
|
MBUMBA COMMUNICATION
TECHNOLOGIES (PTY) LTD |
M1997/012641/07 |
Deregistration Final |
16 Years 4 Months |
0 |
No |
|
|
PARETO LTD |
M1998/000118/06 |
In Business |
15 Years 3 Months |
0 |
No |
|
|
EMCOM AFRICA (PTY) LTD |
M1998/000387/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
|
NEW DIAMOND CORPORATION
(PTY) LTD |
M1998/025116/07 |
In Business |
15 Years 3 Months |
1 |
No |
|
|
REAL GLOBAL BUSINESS
SOLUTIONS (PTY) LTD |
M2000/021695/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
ATTERBURYIP COMPANY
(PTY)LTD |
M2001/013163/07 |
In Business |
|
0 |
No |
|
|
TWO TELECOM CONSORTIUM
(PTY) LTD |
M2003/012064/07 |
Voluntary Liquidation |
10 Years 10 Months |
0 |
Yes |
|
|
SOUTH AFRICAN
BROADCASTING CORPORATION LTD |
M2003/023915/06 |
In Business |
10 Years 10 Months |
0 |
No |
|
|
SEPHAKU GOLD EXPLORATION
(PTY) LTD |
M2004/030908/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
MAIN STREET 272 (PTY) LTD |
M2004/034198/07 |
Deregistration Final |
9 Years 9 Months |
0 |
No |
|
|
AMB UMTHOMBO CAPITAL
MANAGEMENT (PTY) LTD |
M2004/034919/07 |
Deregistration Final |
9 Years 9 Months |
0 |
No |
|
|
UMTHOMBO CAPITAL VENTURES
(PTY)LTD |
M2005/003318/07 |
Deregistration Final |
8 Years 8 Months |
0 |
No |
|
|
MAWANDE TELECOMMUNICATION S
(PTY)LTD |
M2005/024276/07 |
Voluntary Liquidation |
8 Years 8 Months |
0 |
Yes |
|
|
TELEARM INFORMATION AND
COMMUNICATION TECHNOLOGIES SOLUTIONS (PTY)LTD |
M2005/024862/07 |
Deregistration Final |
8 Years 8 Months |
0 |
No |
|
|
U 4 US INVESTMENTS (PTY)
LTD |
M2005/027614/07 |
Deregistration Final |
8 Years 8 Months |
0 |
No |
|
|
IMFIHLAKALO ASSET
MANAGEMENT (PTY) LTD |
M2006/002926/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
IMFIHLAKALO HOLDINGS
(PTY)LTD |
M2006/010601/07 |
Deregistration Final |
7 Years 7 Months |
0 |
No |
|
|
IZWELONKE CAPITAL (PTY)
LTD |
M2006/032000/07 |
Deregistration Final |
7 Years 7 Months |
0 |
No |
|
|
IRISH AFRICAN HOTEL (PTY)
LTD |
M2006/032882/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
IBHAYI CENTRAL NEWS (PTY)LTD |
M2006/032942/07 |
Deregistration Process |
7 Years 7 Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
Principal - 2of 6 SANTOSH
VITHAL NAYAK
|
Surname |
NAYAK |
|
First Name |
SANTOSH VITHAL |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
591215 |
|
Verified ID Number |
No |
|
Current Age |
54 |
|
Designation |
BUSINESSMAN |
|
Status |
Active |
|
Appointment Date |
2006/09/25 |
|
Physical Address (at time
of Appointment) |
22 "VIDMYAK"
ARTET CO-OP HSG SOC, KARELKAR MORG, BANDRA (EAST) MUMBAI, MAHARASTRA INDIA,
400 051 |
|
Postal Address |
VALECHA CHAMBERS 6TH
FLOOR, NEW LINK ROAD, OSHIWARA ANDHERI (WEST), MUMBAI INDIA, 400 053 |
|
Current Tel Number |
|
|
Cell number |
|
|
Shareholding/Membership |
0.0000 |
Business Information
forSANTOSH VITHAL NAYAK
Principal Current Business
Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
JYOTI STRUCTURES AFRICA
(PTY)LTD |
M2006/027778/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
Principal Previous Business
Principal's Deeds
Information - No information on record
Average Age of Previous
Business
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
|
|
|
|
|
|
|
|
Principal - 3of 6 PRAKASH
KANAYALAL THAKUR |
|
|
Surname |
THAKUR |
|
First Name |
PRAKASH KANAYALAL |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
590228 |
|
Verified ID Number |
No |
|
Current Age |
54 |
|
Designation |
BUSINESSMAN |
|
Status |
Active |
|
Appointment Date |
2006/09/25 |
|
Physical Address (at time
of Appointment) |
BRIGHTON BUNGALOW 11,
LOKHANDWALA, ANDHERI (WEST), MUMBAI
INDIA, 400 053 |
|
Postal Address |
VALECHA CHAMBERS 6TH
FLOOR, NEW LINK ROAD, OSHIWARA ANDHERI (WEST), MUMBAI INDIA, 400 053 |
|
Current Tel Number |
|
|
Cell number |
|
|
Shareholding/Membership |
0.0000 |
Business Information
forPRAKASH KANAYALAL THAKUR
Principal Current Business
Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
JYOTI STRUCTURES AFRICA
(PTY)LTD |
M2006/027778/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
Average Age of Previous
Business
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
|
|
|
|
|
|
|
|
Principal - 4of 6 PRAKASH
KANAYALAL THAKUR |
|
|
Surname |
THAKUR |
|
First Name |
PRAKASH KANAYALAL |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
690228 |
|
Verified ID Number |
No |
|
Current Age |
54 |
|
Designation |
BUSINESSMAN |
|
Status |
Active |
|
Appointment Date |
2006/09/25 |
|
Physical Address (at time
of Appointment) |
BRIGHTON BUNGALOW 11,
LOKHANDWALA, ANDHERI (WEST), MUMBAI
INDIA, 400 053 |
|
Postal Address |
VALECHA CHAMBERS 6TH
FLOOR, NEW LINK ROAD, OSHIWARA ANDHERI (WEST), MUMBAI INDIA, 400 053 |
|
Current Tel Number |
|
|
Cell number |
|
|
Shareholding/Membership |
0.0000 |
Business Information
forSANTOSH VITHAL NAYAK
Principal Current Business
Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
JYOTI STRUCTURES AFRICA
(PTY)LTD |
M2006/027778/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
Average Age of Previous
Business
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
|
|
|
|
|
|
|
|
Principal - 6of 6 PRAKASH
KANAYALAL THAKUR |
|
|
Surname |
THAKUR |
|
First Name |
PRAKASH KANAYALAL |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
6902280000000 |
|
Verified ID Number |
No |
|
Current Age |
44 |
|
Designation |
BUSINESSMAN |
|
Status |
Active |
|
Appointment Date |
2006/09/25 |
|
Physical Address (at time
of Appointment) |
BRIGHTON BUNGALOW 11,
LOKHANDWALA, ANDHERI (WEST), MUMBAI
INDIA, 0000 |
|
Postal Address |
P 0 BOX 418, GLEN VISTA,
2058 |
|
Current Tel Number |
|
|
Cell number |
|
|
Shareholding/Membership |
0.0000 |
Business Information
forPRAKASH KANAYALAL THAKUR
Principal Current Business
Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
JYOTI STRUCTURES AFRICA
(PTY)LTD |
M2006/027778/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
Average Age of Previous
Business
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
|
|
|
|
|
|
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.85 |
|
|
1 |
Rs.85.25 |
|
Euro |
1 |
Rs.71.72 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.