MIRA INFORM REPORT

 

 

Report Date :

31.01.2013

 

IDENTIFICATION DETAILS

 

Name :

BRECO (PTY) LTD

 

 

Registered Office :

4 Printers Way, Montague Gardens Cape Town

 

 

Country :

South Africa

 

 

Date of Incorporation :

03.10.1995

 

 

Com. Reg. No.:

1995/002205/07

 

 

Legal Form :

Private company

 

 

Line of Business :

Processing and preserving of fish and fish products

 

 

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

(31.03.2011)

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 Unemployment remains high and outdated infrastructure has constrained growth.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

 

 


Summary

 

Subject Name

BRECO (PTY)LTD

Country

SOUTH AFRICA

Subject Contact Person

Glenda-Debtors

Assessment

This is a well-established business. The business was established in 1995. The spokesperson declined to assist with information regarding banking details, shareholding and trade references as she deemed the information confidential. Please see the available information obtained below

 

 

Company information

 

Registered Name

BRECO (PTY) LTD

Trading as/ Division Name

BRECO SEAFOODS

Previous Name

None

Date of Name Change

None

Registration Number

1995/002205/07

Registration Date

1995/10/03

Date Commenced Trading

1995-10-03

Age of Business

16 years

History of Business

The company was registered in March 1995 and operations commenced immediately

History of Principals

The directors have been in the industry for a number of years

Shareholders/Members/Partners of subject and % holding

BRECO HOLDINGS (PTY)LTD1996/008679/07

Authorised Share Capital

R1000.00

Issued Share Capital/Members Contribution

R 100.00

Status

In Business

Operations Assessment

The administrative and logistics department are based at the Cape Town branch operating as importers and exporters of seafood

Industry/ Customers

FMCG Industries

Export

Import,Export

Major Industry Code / SICC

3012

Definition of Code

PROCESSING AND PRESERVING OF FISH AND FISH PRODUCTS

Head Office Physical Address

4 Printers Way,Montague GardensCape Town

Head Office Postal Address

P.O. Box 36637 ChempetMilnerton 7442

Current Tel Number

021 551 8700

Cell Number

None

Current Fax Number

021 551 8668

Current Email Address

info@breco.co.za/ debtors@breco.co.za

Web Site Address

www.breco.co.za

Comments

 

 

 


Auditor information

 

Company Registered Name

KILPIN SECRETARIAL SERVICES CC

Trading Name

CECIL KILPIN AND COMPANY

Registration Number

1988/011138/23

Physical Address

1 WATERFORD MEWSCENTURY BOULEVARDCENTURY CITY7441

Postal Address

P O BOX 74CENTURY CITY7446

Contact Person

 

Contact Number

(021) 527-4060

Email

info@cecilkilpin.co.za

Principals

5

Judgements Against Subject

No information on file

Judgements Against Principals

No information on file

Subject Verified as Client

Yes

Practice Number

903531E

VAT Number

 

Tax Number

9430084039

BEE Status

Unknown

Financial Year End

February

No of years in Business

24 Years 3 Months

Website

www.cecilkilpin.co.za

Comment

 

 

Previous Auditors

Company Name

Phone Number

Time with previous auditors

Comment

CECIL KILPIN AND COMPANY

 

Unknown

 

VOLSCHENK DE WET AND DU PLESSSIS

 

17

 

 

Tax Information

Vat Number

4790154308

Status

ACTIVE

Vat Liable Date

1995/12/01

Tax Number

9061002037

Tax Clearance Expire Date

 

Financial Year End

March

Comment

 

Black Economic Empowerment

Status

Yes

Score

 

Expire Date

 

BEE Certificate Available

 

Comment

 

 

ISO Information - No Information on Record

Workman's compensation

Registered

Yes

Compliance Certified

Yes

Comment

 

 

Company Structure

 

Subsidiaries    

 

Subsidiary Company

BRECO CAPE TOWN

Shareholding

Unknown

Registration Number

1996/009856/07

Import / Export

None

Comment

Further details were not made available

 

 

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

 

 

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

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 Information - No Information on Record

Deeds Information - No information on record

 


Financial information

 

Comment

All financial information is deemed confidential

 

 

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

4

Average Age of Active Principals

45

Active Principals

Principal - 1 of 4 ANDRE BOONZAAIER

Surname

BOONZAAIER

First Name

ANDRE

Other Names

 

Marital Status

 

ID Number

6506255004004

Verified ID Number

Yes

Current Age

47

Designation

 

Status

Active

Appointment Date

2003/01/31

Physical Address (at time of Appointment)

4 JANET LCOSE, CONSTANTIA, 7806

Postal Address

PO BOX 36637, CHEMPET, 7441

Current Tel Number

0215518700

Cell number

0827863545

Shareholding/Membership

0.0000

 

Principals adverse – no information on record

Business Information for ANDRE BOONZAAIER

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BRECO (PTY)LTD

1995/002205/07

In Business

17 Years 4 Months

0

No

 

KNIGHTBRIDGE

PROPERTY

(PTY)LTD

2004/023667/07

In Business

7 Years 11 Months

0

No

 

22 KENDAL TERRACES DIEP RIVER (PTY)LTD

2006/005977/07

In Business

6 Years 5 Months

0

No

 

23 KENDAL TERRACES DIEP RIVER (PTY)LTD

2006/006035/07

In Business

6 Years 5 Months

0

No

 

ORIBEL

PROPERTIES 33 (PTY)LTD

2009/002419/07

In Business

3 Years 5 Months

0

No

 

NC COMPUTERS

6506255004004

 

Unknown

0

No

 

NEW NATION FISHING (PTY)LTD

M1996/007000/07

In Business

16 Years 1 Months

0

No

 

BRECO HOLDINGS (PTY)LTD

M1996/008679/07

In Business

16 Years

0

No

 

BRECO CAPE TOWN (PTY)LTD

M1996/009856/07

In Business

16 Years

0

No

 

REN HOLDINGS (PTY)LTD

M1999/016329/07

In Business

13 Years

0

No

 

HORIZON BAY 701 (PTY)LTD

M2004/022727/07

In Business

7 Years 11 Months

0

No

 

HORIZON BAY 703 (PTY)LTD

M2004/022845/07

In Business

7 Years 11 Months

0

No

 

16 TURNBERRY ROAD DIEP RIVER (PTY)LTD

M2004/023672/07

In Business

7 Years 11 Months

0

No

 

 

Principal Previous Business Interests

 

 

Average Age of Previous Business                                                                  9 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BA-TLHAPING FISHING ENTERPRISES CC

1998/023269/23

Deregistration Final

14 Years 3 Months

0

No

 

FUTURE INDEFINITE INVESTMENTS 112 (PTY)LTD

2002/010222/07

Deregistration Final

10 Years 2 Months

0

No

 

TRESSO TRADING 282 (PTY)LTD

M2001/015475/07

In Business

11 Years

0

No

 

 

WEST DUNES PROPERTIES 153 (PTY)LTD

M2004/022353/07

In Business

7 Years 11 Months

0

No

 

9 TURNBERRY DIEP RIVER (PTY)LTD

M2004/022728/07

In Business

7 Years 11 Months

0

No

 

 

Principal Deeds Information

Property Interests for ANDRE BOONZAAIER

 

Title Deed No.

 

Erf/Site No.

 

Deeds Office

 

Physical Address

 

Property Type

 

Extent / Size

 

Purchase Date

 

Purchase price

 

% Ownership

 

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

 

Principal - 2 of 4 ROBERTO AGOSTINELLI

 

Surname

AGOSTINELLI

First Name

ROBERTO

Other Names

 

Marital Status

 

ID Number

6511175133081

Verified ID Number

Yes

Current Age

47

Designation

 

Status

Active

Appointment Date

2003/01/31

Physical Address (at time of Appointment)

45 PRIMULA STREET, DURBANVILLE, 7550

Postal Address

P O BOX 36637, CHEMPET, 7442

Current Tel Number

0215518700

Cell number

0825796455

Shareholding/Membership

0.0000

 

Principals adverse – no information on record

 

Business Information for ROBERTO AGOSTINELLI Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BRECO (PTY)LTD

1995/002205/07

In Business

17 Years 4 Months

0

No

 

KNIGHTBRIDGE

PROPERTY

(PTY)LTD

2004/023667/07

In Business

7 Years 11 Months

0

No

 

22 KENDAL TERRACES DIEP RIVER (PTY)LTD

2006/005977/07

In Business

6 Years 5 Months

0

No

 

23 KENDAL TERRACES DIEP RIVER (PTY)LTD

2006/006035/07

In Business

6 Years 5 Months

0

No

 

ORIBEL

PROPERTIES 33 (PTY)LTD

2009/002419/07

In Business

3 Years 5 Months

0

No

 

NEW NATION FISHING (PTY)LTD

M1996/007000/07

In Business

16 Years 1 Months

0

No

 

BRECO HOLDINGS (PTY)LTD

M1996/008679/07

In Business

16 Years

0

No

 

BRECO CAPE TOWN (PTY)LTD

M1996/009856/07

In Business

16 Years

0

No

 

REN HOLDINGS (PTY)LTD

M1999/016329/07

In Business

13 Years

0

No

 

HORIZON BAY 701 (PTY)LTD

M2004/022727/07

In Business

7 Years 11 Months

0

No

 

HORIZON BAY 703 (PTY)LTD

M2004/022845/07

In Business

7 Years 11 Months

0

No

 

16 TURNBERRY ROAD DIEP RIVER (PTY)LTD

M2004/023672/07

In Business

7 Years 11 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                       8 years

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

FUTURE INDEFINITE INVESTMENTS 112 (PTY)LTD

2002/010222/07

Deregistration Final

10 Years 2 Months

0

No

 

TRESSO TRADING 282 (PTY)LTD

M2001/015475/07

In Business

11 Years

0

No

 

WEST DUNES PROPERTIES 153 (PTY)LTD

M2004/022353/07

In Business

7 Years 11 Months

0

No

 

9 TURNBERRY DIEP RIVER (PTY)LTD

M2004/022728/07

In Business

7 Years 11 Months

0

No

 

 

 

Principal Deeds Information

 

Property Interests for ROBERTO AGOSTINELLI

 

 

Title Deed No.

T52159/2003

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

17 DE KEUR VIERLANDEN DURBANVILLE

Property Type

Freehold / Ervin

Extent / Size

5438.0SQM

Purchase Date

2002/10/30

Purchase price

 

% Ownership

0.00

Bond Holder

A B S A BANK LTD

Bond Number

B318002003

Bond Amount

 

Comment

 

Property Interests for ROBERTO AGOSTINELLI

Title Deed No.

T47762/2009

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

21 14TH VOELKLIP HERMANUS

Property Type

Freehold / Ervin

Extent / Size

464.0SQM

Purchase Date

2009/07/27

Purchase price

 

% Ownership

0.00

Bond Holder

A B S A BANK LTD

Bond Number

B255902009

Bond Amount

 

Comment

 

 

Principal - 3 of 4 ETIENNE BRAUN

Surname

BRAUN

First Name

ETIENNE

Other Names

 

Marital Status

 

ID Number

6407145131083

Verified ID Number

Yes

Current Age

48

Designation

 

Status

Active

Appointment Date

2003/01/31

Physical Address (at time of Appointment)

NO. 17 THE AVENUE, SILVERHURST ESTATE, CONSTANTIA MAIN ROAD, CONSTANTIA, 7806

Postal Address

NO. 17 THE AVENUE, SILVERHURST ESTATE, CONSTANTIA MAIN ROAD, CONSTANTIA, 7806

Current Tel Number

0215518700

Cell number

0825863379

Shareholding/Membership

0.0000

 

Principals adverse – no information on record

 

Business Information for ETIENNE BRAUN Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BRECO (PTY)LTD

1995/002205/07

In Business

17 Years 4 Months

0

No

 

RAPIPROP 186 (PTY)LTD

2006/005266/07

In Business

6 Years 5 Months

0

No

 

22 KENDAL TERRACES DIEP RIVER (PTY)LTD

2006/005977/07

In Business

6 Years 5 Months

0

No

 

23 KENDAL TERRACES DIEP RIVER (PTY)LTD

2006/006035/07

In Business

6 Years 5 Months

0

No

 

ORIBEL

PROPERTIES 33 (PTY)LTD

2009/002419/07

In Business

3 Years 5 Months

0

No

 

SILVERHURST ESTATE HOME OWNERS ASSOCIATION

M1991/001082/08

In Business

21 Years 5 Months

0

No

 

NEW NATION FISHING (PTY)LTD

M1996/007000/07

In Business

16 Years 1 Months

0

No

 

BRECO HOLDINGS (PTY)LTD

M1996/008679/07

In Business

16 Years

0

No

 

BRECO CAPE TOWN (PTY)LTD

M1996/009856/07

In Business

16 Years

0

No

 

REN HOLDINGS (PTY)LTD

M1999/016329/07

In Business

13 Years

0

No

 

WESTERN PROVINCE REGIONAL RACING ASSOCIATION

M2002/002381/08

In Business

10 Years 5 Months

0

No

 

HORIZON BAY 701 (PTY)LTD

M2004/022727/07

In Business

7 Years 11 Months

0

No

 

HORIZON BAY 703 (PTY)LTD

M2004/022845/07

In Business

7 Years 11 Months

0

No

 

 

Principal Previous Business Interests

 

 

Average Age of Previous Business                                                                 12 Years

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PLANET PIZZA CC

1987/003348/23

Deregistration Final

25 Years 5 Months

0

No

 

BAY SEAFOODS CC

1990/007013/23

Dissolved

22 Years 5 Months

0

No

 

TRAWL TRADE (PTY)LTD

1997/012303/07

Deregistration Final

15 Years

0

No

 

 

 

Principal Previous Business Interests

 

FUTURE INDEFINITE INVESTMENTS 112 (PTY)LTD

2002/010222/07

Deregistration Final

10 Years 2 Months

0

No

 

KNIGHTBRIDGE PROPERTY (PTY)LTD

2004/023667/07

In Business

7 Years 11 Months

0

No

 

HOTLINE FISHING CC

B2000/027262/23

In Business

12 Years 2 Months

0

No

 

TRESSO TRADING 282 (PTY)LTD

M2001/015475/07

In Business

11 Years

0

No

 

WEST DUNES PROPERTIES 153 (PTY)LTD

M2004/022353/07

In Business

7 Years 11 Months

0

No

 

9 TURNBERRY DIEP RIVER (PTY)LTD

M2004/022728/07

In Business

7 Years 11 Months

0

No

 

16 TURNBERRY ROAD DIEP RIVER (PTY)LTD

M2004/023672/07

In Business

7 Years 11 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for ETIENNE BRAUN

Title Deed No.

ST5107/2012

Erf/Site No.

35088,0

Deeds Office

CAPE TOWN

Physical Address

17 VIOLA BLOUBERGRANT BLOUBERG

Property Type

Sectional Title / Unit

Extent / Size

31.0SQM

Purchase Date

2012/02/01

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

Property Interests for ETIENNE BRAUN

Title Deed No.

ST15219/2010

Erf/Site No.

4290,0

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

Sectional Title / Unit

Extent / Size

27.0SQM

Purchase Date

2010/05/19

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

Property Interests for ETIENNE BRAUN

Title Deed No.

ST15219/2010

Erf/Site No.

4290,0

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

Sectional Title / Unit

Extent / Size

21.0SQM

Purchase Date

2010/05/19

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

 

Property Interests for ETIENNE BRAUN

Title Deed No.

T28224/2011

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

STRUIS BAY STRUIS BAY

Property Type

Freehold / Ervin

Extent / Size

794.0SQM

Purchase Date

2010/12/07

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

Property Interests for ETIENNE BRAUN

Title Deed No.

T19225/2007

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

SILVERHURST SOUTHERN SUBURBS

Property Type

Freehold / Ervin

Extent / Size

1352.0SQM

Purchase Date

2006/09/13

Purchase price

 

% Ownership

0.00

Bond Holder

A B S A BANK LTD

Bond Number

B239832007

Bond Amount

 

Comment

 

Property Interests for ETIENNE BRAUN

Title Deed No.

T33245/2009

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

STRUIS BAY STRUIS BAY

Property Type

Freehold / Ervin

Extent / Size

876.0SQM

Purchase Date

2009/05/14

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

Property Interests for ETIENNE BRAUN

Title Deed No.

ST32587/2006

Erf/Site No.

169826,0

Deeds Office

CAPE TOWN

Physical Address

5 PINELAW DIEP RIVER SOUTHERN SUBURBS

Property Type

Sectional Title / Unit

Extent / Size

96.0SQM

Purchase Date

2005/06/06

Purchase price

 

% Ownership

0.00

Bond Holder

NEDBANK LTD

Bond Number

SB218872006

Bond Amount

 

Comment

 

Property Interests for ETIENNE BRAUN

Title Deed No.

T8020/2010

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

STRUIS BAY STRUIS BAY

Property Type

Freehold / Ervin

Extent / Size

731.0SQM

Purchase Date

2009/12/17

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Principal - 4 of 4

NEIL PASCALL

 

Surname

PASCALL

First Name

NEIL

Other Names

 

Marital Status

 

ID Number

7301055051085

Verified ID Number

Yes

Current Age

39

Designation

PROJECT MANAGER

Status

Active

Appointment Date

1998/07/21

Physical Address (at time of Appointment)

14 BRIDEKIRK WAY, EDGEMEAD, 7442

Postal Address

PO BOX 36637, CHEMPET, 7441

Current Tel Number

0215518700

Cell number

0832818215

Shareholding/Membership

0.0000

 

Business Information for NEIL PASCALL

Principal Current Business Interests

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BRECO (PTY)LTD

1995/002205/07

In Business

17 Years 4 Months

0

No

 

BRECO (S A) PROPERTY MANAGEMENT (PTY)LTD

1995/010409/07

In Business

16 Years 10 Months

0

No

 

SIMPLY SEAFOOD CC

2000/068964/23

In Business

11 Years 8 Months

0

No

 

KNIGHTBRIDGE

PROPERTY

(PTY)LTD

2004/023667/07

In Business

7 Years 11 Months

0

No

 

22 KENDAL TERRACES DIEP RIVER (PTY)LTD

2006/005977/07

In Business

6 Years 5 Months

0

No

 

23 KENDAL TERRACES DIEP RIVER (PTY)LTD

2006/006035/07

In Business

6 Years 5 Months

0

No

 

ORIBEL

PROPERTIES 33 (PTY)LTD

2009/002419/07

In Business

3 Years 5 Months

0

No

 

PASCALL PROPERTIES CC

B2001/044297/23

In Business

11 Years

0

No

 

NEW NATION FISHING (PTY)LTD

M1996/007000/07

In Business

16 Years 1 Months

0

No

 

BRECO HOLDINGS (PTY)LTD

M1996/008679/07

In Business

16 Years

0

No

 

BRECO CAPE TOWN (PTY)LTD

M1996/009856/07

In Business

16 Years

0

No

 

REN HOLDINGS (PTY)LTD

M1999/016329/07

In Business

13 Years

0

No

 

TRESSO TRADING 282 (PTY)LTD

M2001/015475/07

In Business

11 Years

0

No

 

HORIZON BAY 701 (PTY)LTD

M2004/022727/07

In Business

7 Years 11 Months

0

No

 

HORIZON BAY 703 (PTY)LTD

M2004/022845/07

In Business

7 Years 11 Months

0

No

 

16 TURNBERRY ROAD DIEP RIVER (PTY)LTD

M2004/023672/07

In Business

7 Years 11 Months

0

No

 

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                       10 years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SANDY POINT FISHING (PTY)LTD

1995/010406/07

Deregistration Final

16 Years 10 Months

0

No

 

FUTURE INDEFINITE INVESTMENTS 112 (PTY)LTD

2002/010222/07

Deregistration Final

10 Years 2 Months

0

No

 

WEST DUNES PROPERTIES 153 (PTY)LTD

M2004/022353/07

In Business

7 Years 11 Months

0

No

 

9 TURNBERRY DIEP RIVER (PTY)LTD

M2004/022728/07

In Business

7 Years 11 Months

0

No

 

 

 

Principal Deeds Information

 

Property Interests for NEIL PASCALL

 

Title Deed No.

ST13739/2011

Erf/Site No.

32853

Deeds Office

CAPE TOWN

Physical Address

13 SUNNYSIDE EDGEMEAD MILNERTON

Property Type

Sectional Title / Unit

Extent / Size

107.0SQM

Purchase Date

2011/09/22

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Property Interests for NEIL PASCALL

 

Title Deed No.

T22758/2009

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

7 HEIDE PLATTEKLOOF 3 PAROW

Property Type

Freehold / Ervin

Extent / Size

1579.0SQM

Purchase Date

2009/03/16

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

Property Interests for NEIL PASCALL

 

Title Deed No.

T22759/2009

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

Freehold / Ervin

Extent / Size

1531.0SQM

Purchase Date

2009/03/16

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

Property Interests for NEIL PASCALL

 

Title Deed No.

T6233/2010

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

6 DRIEKOPPEN EDGEMEAD MILNERTON

Property Type

Freehold / Ervin

Extent / Size

373.0SQM

Purchase Date

2009/11/18

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Property Interests for NEIL PASCALL

Title Deed No.

T56532/2005

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

3 LA PROVENCE EDGEMEAD MILNERTON

Property Type

Freehold / Ervin

Extent / Size

337.0SQM

Purchase Date

2004/09/07

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

Property Interests for NEIL PASCALL

Title Deed No.

T2149/2001

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

21 MOPANIE PLATTEKLOOF 2 PAROW

Property Type

Freehold / Ervin

Extent / Size

1171.0SQM

Purchase Date

2000/11/03

Purchase price

 

% Ownership

0.00

Bond Holder

A B S A BANK LTD

Bond Number

B15922001

Bond Amount

 

Comment

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.53.57

UK Pound

1

Rs.84.37

Euro

1

Rs.72.23

 

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%)

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.