MIRA INFORM REPORT

 

 

Report Date :

05.07.2013

 

IDENTIFICATION DETAILS

 

Name :

DELI-SPICES (PTY)LTD

 

 

Registered Office :

25 Bertie Avenue, Epping 2, Cape Town, 7460

 

 

Country :

South Africa

 

 

Date of Incorporation :

02.06.1981

 

 

Com. Reg. No.:

M1981/001050/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Manufacturer of spices and spice blending

 

 

No. of Employees :

250

 

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 – 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. State power supplier 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

DELI-SPICES (PTY)LTD

Country

South Africa

Subject Contact Person

MRS GARNETT OOSTERHUIZEN -Financial Manager

Assessment

This is an established business.

 

On investigation contact was made with GARNETT OOSTERHUIZEN who assisted with most of the information, she however declined to assist with financial information.

 

The subject is meeting commitments timeously with suppliers.

 

Please see the available information on the subject below.

 

 

Company information 

 

Registered Name

DELI-SPICES (PTY)LTD

Trading as/ Division Name

DELI-SPICES

Previous Name

Unavailable

Date of Name Change

2000-04-26

Registration Number

M1981/001050/07

Registration Date

1981/06/02

Date Commenced Trading

1981-06-02

Age of Business

32 Years 1 Months

History of Business

The subject was established as a new business 1981 and operations commenced immediately. It underwent a name in April 2004 from an unknown name to the current.

History of Principals

There are currently 4 active directors within the business.

Shareholders/Members/Partners of subject and % holding

90 % - DELI INVESTMENTS HOLDINGS (PTY) LTD, 10 % -HR LIRBCHEN

Authorised Share Capital

R0.00

Issued Share Capital/Members Contribution

R0.00

Status

In Business

Operations Assessment

Manufacture of spices and spice blending

Industry/ Customers

The meat industry

Export

Yes

Import

Yes

Major Industry Code / SICC

30499

Definition of Code

Manufacture of spices condiments vinegar yeast & other food products NEC

Head Office Physical Address

25 Bertie Avenue, EPPING 2, CAPE TOWN, 7460

Head Office Postal Address

25 Bertie Avenue, EPPING 2, CAPE TOWN, 7460

Current Tel Number

0215052000

Cell Number

Unavailable

Current Fax Number

0215052010

Current Email Address

garnett@delispices.co.za

Web Site Address

Unavailable

 

 

Auditors information

 

Company Registered Name

REDEMEYER WESSON

Trading Name

None

Registration Number

Partnership

Physical Address

Tiger Forum A, 2nd Floor, Willie Vanschoor, Avenue 53, Delville, 7530

Postal Address

P O  BOX 5700, TYGERVALLEY, 7536

Contact Person

CEILIA

Contact Number

0219148880

Email

info@redemeyer.co.za

Principals

6

Judgements Against Subject

None On Record

Judgements Against Principals

None On Record

Subject Verified as Client

Yes

Practice Number

935123

VAT Number

4780141673

Tax Number

Unavailable

BEE Status

Unavailable

Financial Year End

February

No of years in Business

14 Years 9 Months

Website

www.redemeyerwesson.co.za

Previous Auditors Information - No Information on Record

 

Tax information

 

Vat Number

4610105530

Status

ACTIVE

Vat Liable Date

1991/09/30

Tax Number

9770136035

Tax Clearance Expire Date

 

Financial Year End

February

Comment

 

 

Black Economic Empowerment Information - No Information on Record

 

ISO Information - No Information on Record


Workman's compensation

 

Registered

Yes

Compliance Certified

Yes

 

Company Structure

 

Subsidiaries Information - No Information on Record

 

Employees

Number of Employees

250

1. Salaried employees

250

2. Waged employees

 

3. Permanent employees

250

4. Casual employees

 

5. Contracted employees

 

Comment

 

 

Company Fleet

 

Company Fleet

No of vehicles:

Owned/Leased

Value

Outstanding Balance

Fleet Operations

 

 

 

 

The Fleet is made up of

3

Comment

 

Light delivery Vehicles

3

Leased

 

 

 

 

Offices

 

Offices

Offices

Head Office Owned/ Rented

Leased

Rental Company

WAH INVESTMENTS (PTY)LTD

Type of Premises

INDUSTRY,FACTORY AND WAREHOUSE

 

Branch Information - No Information on Record

 

 

Management Overview

 

Organisational Chart - No Information on Record

Company Structure (Ownership)

 

Note: One level up and all levels down

 

Holding

Company

Sub

Comment

90 % - DELI INVESTMENTS HOLDINGS (PTY) LTD

DELI-SPICES (PTY) LTD

 

 

10%- HRLIRBCHEN

DELI-SPICES (PTY) LTD

 

 

 

Key Deals - No Information on Record

 

 

Trade References

 

Trade Reference nr

Supplier

Contact

Surety Value

Notarial Bonds

Comment

1

ANAPHARMIN

0217056440

 

 

 

2

CJ PETRO

0215340727

 

 

 

3

PROTEA CHEMICALS

0215508100

 

 

 

 

Trade References Detail

 

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

15 Years

R 500000.00

R 500000

30 Days

R 300000

30 Days

Very Good Account

2

10 Years

R 300000.00

R 280000

60 Days

R150000

60 Days

Good Account

3

24 Years

R1500000.00

R 645000

30 Days

R150000

30 Days

Very Good Account

 

 

Adverse Information on Subject

 

·         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

 

Bank

FIRST NATIONAL BANK

Branch

CLAREMONT

Brach Code

250655

Bank Account Number

50192025862

Type of Account

Current

Account Name

DELI SPICES(PTY)LTD

Overdraft Facilities

Yes,the subject has an overdrft of R 4500000

Bank Code

C FOR 1500000

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 - No information on record

 

Principals

 

 

Number of Principals

8

Average Age of Active Principals

56

 

Active Principals Principal - 1of 8 I HALLER

Surname

HALLER

First Name

I

Other Names

None

Marital Status

 

ID Number

3803090062104

Verified ID Number

Yes

Current Age

75 Years 4 Months

Designation

BUSINESSWOMAN

Status

Active

Appointment Date

2010/03/01

Physical Address (at time of Appointment)

6 TALANA ROAD, CLAREMONT, 7700

Postal Address

PO BOX 611, EPPINGDUST, 7475

Current Tel Number

0215052000

Cell number

 

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record


Business Information for HALLER

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DELI-SPICES (PTY) LTD

M1981/001050/07

In Business

32 Years 8 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 2of 8 JAMES COCKBURN

Surname

COCKBURN

First Name

JAMES

Other Names

None

Marital Status

 

ID Number

6608245189083

Verified ID Number

Yes

Current Age

46 Years 11 Months

Designation

BUSINESSMAN

Status

Active

Appointment Date

2007/04/25

Physical Address (at time of Appointment)

12 LONG PLACE, PINELANDS, CAPE TOWN, 7405

Postal Address

12 LONG PLACE, PINELANDS, CAPE TOWN, 7405

Current Tel Number

0218755972

Cell number

0827831102

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for JAMES COCKBURN

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

CAPITOL REPRO CC

B1993/016241/23

Conversion CO/CC or CC/CO

20 Years 8 Months

0

No

 

CREAM MAGENTA 329 (PTY)LTD

M2006/009925/07

AR Final Deregistration

7 Years 7 Months

0

No

 

DELI DISTRIBUTION (PTY) LTD

K2011/108002/07

In Business

2 Years 2 Months

0

No

 

DELI SPICES KZN (PTY) LTD

M2011/009472/07

In Business

2 Years 2 Months

0

No

 

DELI SPICES LIMPOPO (PTY)LTD

M2008/006300/07

In Business

5 Years 5 Months

0

No

 

DELI TRADING (CAPE) (PTY)LTD

M1997/012146/07

In Business

16 Years 4 Months

0

No

 

DELI-SPICES (PTY) LTD

M1981/001050/07

In Business

32 Years 8 Months

0

No

 

ENVIRONMENTAL POLYMER TECHNOLOGIES (PTY) LTD

M2008/018533/07

In Business

5 Years 5 Months

0

No

 

GREENHEART (PTY) LTD

M1998/024010/07

Deregistration Process

15 Years 3 Months

0

No

 

JAMES COCKBURN

MANAGEMENT

CONSULTANCY

6608245189083

 

Unknown

0

No

 

KYNO-QUIP (PTY) LTD

M1994/006415/07

In Business

19 Years 7 Months

0

No

 

NUTRI-SENSE CC

B1999/052560/23

Conversion CO/CC or CC/CO

14 Years 2 Months

0

No

 

PROTEA RIDGE INVESTMENTS (PTY) LTD

M2008/018595/07

In Business

5 Years 5 Months

0

No

 

PSM GAS WELDING AND ENGINEERING SUPPLIES CC

B1994/022659/23

In Business

19 Years 7 Months

0

No

 

SCHATZILEIN INVESTMENTS (PTY) LTD

M1995/000278/07

In Business

18 Years 6 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                                            16 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BIOCIRCLE (PTY)LTD

M2001/028093/07

In Business

 

1

No

 

BIOCIRCLE HOLDINGS (PTY) LTD

M2000/021196/07

In Business

13 Years 1 Months

0

No

 

BIOLOGIC PLANT NUTRITION (PTY)LTD

M1999/003890/07

Deregistration Final

14 Years 2 Months

0

No

 

BIONAMIX (PTY)LTD

M1997/000355/07

In Business

16 Years 4 Months

0

No

 

BIONAMIX TERRAAAAX (PTY) LTD

M1998/006378/07

In Liquidation

15 Years 3 Months

0

Yes

 

CAPE SKIN CLINIC CC

B1999/037242/23

Deregistration Final

14 Years 2 Months

0

No

 

CONTINENTAL AGRICULTURAL TECHNOLOGIES-AFRIC A (PTY)LTD

M1998/023450/07

In Business

15 Years 3 Months

0

No

 

DELI SPICE BLENDERS (GAUTENG) (PTY)LTD

M1997/009722/07

Deregistration Final

16 Years 4 Months

0

No

 

FRUITWISE

HYDROPONIC SYSTEMS (PTY) LTD

M2001/007092/07

In Business

 

0

No

 

LE CAP

INTERNATIONAL CC

B1992/014852/23

Deregistration Final

21 Years 9 Months

0

No

 

LOWVELD ORGANICS (PTY) LTD

M2002/006731/07

Deregistration Final

11 Years 11 Months

0

No

 

MAKHULU ENGINEERING (PTY) LTD

M1996/009670/07

Deregistration Final

17 Years 5 Months

0

No

 

MARSAI WAREHOUSE SERVICES (PTY)LTD

M2001/002825/07

Conversion CO/CC or CC/CO

 

0

No

 

MEGAFERT NORTH (PTY) LTD

M2000/012586/07

Deregistration Final

13 Years 1 Months

0

No

 

OCEAN AGRI SCIENCE (PTY) LTD

M1999/011336/07

In Liquidation

14 Years 2 Months

0

Yes

 

OCEAN AGRICULTURE (PTY) LTD

M1969/015669/07

In Liquidation

44 Years 8 Months

0

Yes

 

OCEAN AGRICULTURE CAPE (PTY)LTD

M1990/001694/07

Deregistration Final

23 Years 11 Months

0

No

 

OCEAN AGRICULTURE NATAL (PTY)LTD

M2000/007815/07

In Business

13 Years 1 Months

0

No

 

OCEAN BIOLOGICAL SCIENCES (PTY)LTD

M1975/000440/07

In Business

38 Years 2 Months

0

No

 

T J WALKER CC

B1993/017726/23

Deregistration Final

20 Years 8 Months

0

No

 

TEAM SJS MARKETING CC

B1994/025527/23

Dissolved

19 Years 7 Months

0

No

 

Principal's Deeds Information - No information on record

 

Principal - 3of 8 BRIAN FROST

 

Surname

FROST

First Name

BRIAN

Other Names

None

Marital Status

 

ID Number

4401255105005

Verified ID Number

Yes

Current Age

69 Years 6 Months

Designation

BUSINESSMAN

Status

Active

Appointment Date

2007/04/25

Physical Address (at time of Appointment)

38 EDEN ROAD, CLAREMONT, 7735

Postal Address

PO BOX 680, CAPE TOWN, 8000

Current Tel Number

0217610689

Cell number

0832525888

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for BRIAN FROST

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BLUE BERRY FIELDS 5 (PTY)LTD

M2001/007743/07

In Business

0

0

No

 

BOWLER METCALF LTD

M1972/005921/06

In Business

41 Years 5 Months

0

No

 

CLOUDS END (PTY) LTD

M1986/003639/07

In Business

27 Years 3 Months

0

No

 

DELI-SPICES (PTY) LTD

M1981/001050/07

In Business

32 Years 8 Months

0

No

 

WESTRIVER DEVELOPMENT CO (PTY) LTD

M1997/020277/07

In Business

16 Years 4 Months

0

No

 






Principal Previous Business Interests

 

Average Age of Previous Business                                                        29 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BREAKTHROUGH TECHNOLOGIES (PTY) LTD

M1999/018324/07

Deregistration Process

14 Years 2 Months

1

No

 

MARKS AND SPENCER (S A) (PTY)LTD

M1957/002437/07

In Business

56 Years 8 Months

0

No

 

RGA CONSULTING (PTY) LTD

M1999/018378/07

In Business

14 Years 2 Months

0

No

 

UNIVERSAL PRODUCT NETWORKS (PTY)LTD

M1999/024569/07

In Business

14 Years 2 Months

1

No

 

WOOLWORTHS (PTY) LTD

M1956/000518/07

In Business

57 Years 9 Months

0

No

 

WOOLWORTHS COMPUTER SERVICES (PTY) LTD

M1964/001761/07

Deregistration Final

49 Years 1 Months

0

No

 

WOOLWORTHS HOLDINGS LTD

M1929/001986/06

In Business

 

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 4of 8 JENNIFER RICKETTS

 

Surname

RICKETTS

First Name

JENNIFER

Other Names

None

Marital Status

 

ID Number

6804260145080

Verified ID Number

Yes

Current Age

45 Years 3 Months

Designation

BUSINESSWOMAN

Status

Active

Appointment Date

2000/11/25

Physical Address (at time of Appointment)

48 CARLTON ROAD, CLAREMONT, 7708

Postal Address

SUITE 54, PRIVATE BAG X1001, CLAREMONT, 7735

Current Tel Number

0215052000

Cell number

0847082677

Shareholding/Membership

0.00

 


Principal's Adverse - No information on record

 

Business Information for JENNIFER RICKETTS

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DELI-SPICES (PTY) LTD

M1981/001050/07

In Business

32 Years 8 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 5of 8 ROBIN HALLER

Surname

HALLER

First Name

ROBIN

Other Names

None

Marital Status

 

ID Number

7201035199089

Verified ID Number

Yes

Current Age

41 Years 6 Months

Designation

Director

Status

Active

Appointment Date

1998/01/01

Physical Address (at time of Appointment)

11 NORRON WAY, RONDEBOSCH, 7700

Postal Address

PO BOX 611, EPPINDUST, 7460

Current Tel Number

0217628210

Cell number

0824958986

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for ROBIN HALLER

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DELI DISTRIBUTION (PTY) LTD

K2011/108002/07

In Business

2 Years 2 Months

0

No

 

DELI SPICES INVESTMENT HOLDINGS (PTY) LTD

M1998/018013/07

In Business

15 Years 3 Months

0

No

 

DELI SPICES KZN (PTY) LTD

M2011/009472/07

In Business

2 Years 2 Months

0

No

 

DELI SPICES LIMPOPO (PTY)LTD

M2008/006300/07

In Business

5 Years 5 Months

0

No

 

DELI SPICES NELSPRUIT (PTY) LTD

M2005/010917/07

In Business

8 Years 8 Months

0

No

 

DELI SPICES NORTH RAND (PTY)LTD

M2006/007992/07

In Business

7 Years 7 Months

0

No

 

DELI TRADING (CAPE) (PTY)LTD

M1997/012146/07

In Business

16 Years 4 Months

0

No

 

DELI-SPICES (PTY) LTD

M1981/001050/07

In Business

32 Years 8 Months

0

No

 

DELI-SPICES EASTERN CAPE (PTY) LTD

M1998/008913/07

In Business

15 Years 3 Months

0

No

 

MANE SAVOURY SOUTH AFRICA (PTY) LTD

M2005/041830/07

In Business

8 Years 8 Months

0

No

 

WAH INVESTMENT CC

B1993/030458/23

Conversion CO/CC or CC/CO

20 Years 8 Months

0

No

 

WAH INVESTMENTS (PTY) LTD

M1999/007191/07

In Business

14 Years 2 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                                23 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DELI SPICE BLENDERS (GAUTENG) (PTY)LTD

M1997/009722/07

Deregistration Final

16 Years 4 Months

0

No

 

NOMU BRANDS (PTY) LTD

M2002/025309/07

In Business

11 Years 11 Months

0

No

 

SILVERBRIGHT PROPERTIES (PTY)LTD

M1971/009883/07

In Business

42 Years 6 Months

0

No

 

 


Principal's Deeds Information - No information on record

 

Principal - 6of 8 CLAUS HALLER

Surname

HALLER

First Name

CLAUS

Other Names

DIETER

Marital Status

 

ID Number

6612085234000

Verified ID Number

No

Current Age

46 Years 7 Months

Designation

Director

Status

Active

Appointment Date

1997/01/02

Physical Address (at time of Appointment)

23 VAN DEN GRAAF STREET, WELGEMOED, 7530

Postal Address

PO BOX 14278, KENWYN, 7790

Current Tel Number

0215052000

Cell number

 

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for CLAUS HALLER

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DELI-SPICES (PTY) LTD

M1981/001050/07

In Business

32 Years 8 Months

0

No

 

WAH INVESTMENTS (PTY) LTD

M1999/007191/07

In Business

14 Years 2 Months

0

No

 

 


Principal Previous Business Interests

 

Average Age of Previous Business                                                                    15 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DELI SPICES INVESTMENT HOLDINGS (PTY)LTD

M1998/018013/07

In Business

15 Years 3 Months

0

No

 

DELI-SPICES EASTERN CAPE (PTY)LTD

M1998/008913/07

In Business

15 Years 3 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

 

Principal - 7of 8 THOMAS HALLER

Surname

HALLER

First Name

THOMAS

Other Names

ANDREAS

Marital Status

 

ID Number

6510035220003

Verified ID Number

No

Current Age

48 Years 4 Months

Designation

Director

Status

Active

Appointment Date

1995/01/03

Physical Address (at time of Appointment)

23 VAN DEN GRAAFF, WELGEMOED, 7530

Postal Address

PO BOX 611, EPPINDUST, 7475

Current Tel Number

0215052000

Cell number

 

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for THOMAS HALLER

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DELI-SPICES (PTY) LTD

M1981/001050/07

In Business

32 Years 8 Months

0

No

 

 

 

 

Principal's Deeds Information - No information on record

 

Principal - 8of 8 WALTER HALLER

Surname

HALLER

First Name

WALTER

Other Names

None

Marital Status

 

ID Number

3404295067186

Verified ID Number

Yes

Current Age

79 Years 3 Months

Designation

Director

Status

Active

Appointment Date

1981/09/02

Physical Address (at time of Appointment)

6 TALANA ROAD, CLAREMONT, CAPE TOWN, 7735

Postal Address

P O  BOX 23449, CLAREMONT, CAPE TOWN, 7735

Current Tel Number

0215052000

Cell number

 

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for WALTER HALLER

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DELI SPICES INVESTMENT HOLDINGS (PTY) LTD

M1998/018013/07

In Business

15 Years 3 Months

0

No

 

DELI SPICES NELSPRUIT (PTY) LTD

M2005/010917/07

In Business

8 Years 8 Months

0

No

 

DELI-SPICES (PTY) LTD

M1981/001050/07

In Business

32 Years 8 Months

0

No

 

DELI-SPICES EASTERN CAPE (PTY) LTD

M1998/008913/07

In Business

15 Years 3 Months

0

No

 

WAH INVESTMENT CC

B1993/030458/23

Conversion CO/CC or CC/CO

20 Years 8 Months

0

No

 

WAH INVESTMENTS (PTY) LTD

M1999/007191/07

In Business

14 Years 2 Months

0

No

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                                16 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DELI SPICE BLENDERS (GAUTENG) (PTY)LTD

M1997/009722/07

Deregistration Final

16 Years 4 Months

0

No

 

DELI TRADING (CAPE) (PTY) LTD

M1997/012146/07

In Business

16 Years 4 Months

0

No

 

 

Principal's Deeds Information - No information on record

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.60.09

UK Pound

1

Rs.91.58

Euro

1

Rs.78.08

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.