|
Report Date : |
24.07.2013 |
IDENTIFICATION DETAILS
|
Name : |
THE SNACK FACTORY (PTY)LTD |
|
|
|
|
Registered Office : |
55 Durham Street, Johannesburg, Gauteng, 2192 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
01.06.1988 |
|
|
|
|
Com. Reg. No.: |
M1988/003077/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Manufacture of nut foods |
|
|
|
|
No. of Employees : |
60 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
Status : |
Moderate |
|
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 |
THE SNACK FACTORY (PTY)LTD |
|
Country |
South Africa |
|
Subject Contact Person |
HANNES BOETA - Financial Manager |
|
Assessment |
This is a well-established business. On investigation contact was made with the Financial Manager MR. HANNES BOETA who assisted with most of the information. The financials are considered confidential. The subject is meeting commitments timeously with suppliers. Please see the available information on the subject below. |
|
Registered Name |
THE SNACK FACTORY (PTY)LTD |
|
Trading as/ Division Name |
THE SNACK FACTORY |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
M1988/003077/07 |
|
Registration Date |
1988/06/01 |
|
Date Commenced Trading |
1988-06-01 |
|
Age of Business |
24 Years 2 Months |
|
History of Business |
The subject commenced trading as a new company in 1988. |
|
History of Principals |
There are 5 active directors within the company. |
|
Shareholders/Members/Partners of subject and % holding |
50 % - LAND L INVESTMENTS, 24 % - UDENI COMPANY, 25 % - ED FAXDENI1 % - BJ LOAN FAN TRUST |
|
Authorised Share Capital |
R1000.00 |
|
Issued Share Capital/Members Contribution |
R 1.00 |
|
Status |
In Business |
|
Operations Assessment |
Supplier of ground nuts and peanuts |
|
Industry/ Customers |
The subject provides to retailers and wholesalers. |
|
Export |
Unknown |
|
Import |
Unknown |
|
Major Industry Code / SICC |
30492 |
|
Definition of Code |
Manufacture of nut foods |
|
Head Office Physical Address |
55 Durham Street, JOHANNESBURG, GAUTENG, 2192 |
|
Head Office Postal Address |
PO.Box 29312, SANDTON, 2131 |
|
Current Tel Number |
0114853887 |
|
Cell Number |
0832508481 |
|
Current Fax Number |
0114853253 |
|
Current Email Address |
|
|
Web Site Address |
None |
|
Company Registered Name |
N M N CHARTERED ACCOUNTANTS (SA) |
|
Trading Name |
None |
|
Registration Number |
6106085211083 (Sole Proprietor) |
|
Physical Address |
5th Avenue, LINDEN, 2195 |
|
Postal Address |
P 0 BOX 44140, LINDEN, 2104 |
|
Contact Person |
BARON NAIDOO |
|
Contact Number |
0117828879 |
|
Email |
|
|
Principals |
1 |
|
Judgements Against Subject |
No information found on file |
|
Judgements Against Principals |
No information found on file |
|
Subject Verified as Client |
Yes |
|
Practice Number |
948802 |
|
VAT Number |
Unavailable |
|
Tax Number |
1230165845 |
|
BEE Status |
Unavailable |
|
Financial Year End |
February |
|
No of years in Business |
Unavailable |
|
Website |
None |
Previous Auditors
|
Company Name |
Phone Number |
Time with previous auditors |
Comment |
|
THERON AND ASSOCIATES |
|
20 |
|
|
THERON NAIDOO |
|
6 |
|
|
Vat Number |
4790126769 |
|
Status |
ACTIVE |
|
Vat Liable Date |
1991/09/30 |
|
Tax Number |
9559379848 |
|
Tax Clearance Expire Date |
|
|
Financial Year End |
February |
|
Status |
No |
|
Score |
9.00 |
|
Expire Date |
|
|
BEE Certificate Available |
No |
|
Comment |
The subject is not BEE compliant |
|
Type of ISO Grade |
None |
|
ISO Certificate |
No |
|
ISO Certificate Available |
No |
|
Certified by an Accredited Agent |
No |
|
Registered |
Yes |
|
Compliance Certified |
Yes |
Subsidiaries Information - No Information on Record
|
Employees |
||||
|
Number of Employees |
60 |
|||
|
1. Salaried employees |
15 |
|||
|
2. Waged employees |
45 |
|||
|
3. Permanent employees |
60 |
|||
|
Company Fleet |
||||
|
Company Fleet |
No of vehicles: |
Owned/Leased |
Value |
Outstanding Balance |
|
Fleet Operations |
|
|
|
|
|
The Fleet is made up of |
10 |
|||
|
Comment |
|
|||
|
Cars |
5 |
Owned |
R 400.00 |
|
|
Trucks |
5 |
Owned |
R 460.00 |
|
|
Offices |
Offices |
|
Head Office Owned/ Rented |
Leased |
|
Rental Company |
NAMMILNO |
|
Owned by |
|
|
Value |
|
|
Bond |
|
|
Bank |
|
|
Lease Agreement |
4 Years |
|
Lease Expire Date |
|
|
Type of Premises |
House with business Rights |
Branch Information - No Information on Record
Organisation Chart
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
Director |
DARREN LOWENTHAL |
|
|
|
|||
|
2 |
Director |
ERROL SACKSTEIN |
|
|
|
|||
|
3 |
Director |
BERNARD LOWENTHAL |
|
|
|
|||
|
4 |
Director |
CRAIG LOWENTHAL |
|
Company Structure (Ownership)
Note: One level up and all
levels down
|
Holding |
Company |
Sub |
Comment |
|
50 % - LAND L INVESTMENTS |
THE SNACK FACTORY (PTY) LTD |
|
|
|
25 % - ED FAXDENI |
THE SNACK FACTORY (PTY) LTD |
|
|
|
24% - U DEN I COMPANY |
THE SNACK FACTORY (PTY) LTD |
|
|
|
1 % - BJ
LOAN FAN TRUST |
THE SNACK FACTORY (PTY) LTD |
|
|
Key Deals - No Information on Record
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
Comment |
|
1 |
TRIO TRADE |
0128039336 |
|
|
|
|
1 |
TRIO TRADE |
0128039336 |
|
|
|
|
2 |
ADVANCE SEED |
0117625261 |
|
|
|
|
2 |
ADVANCE SEED |
0117625261 |
|
|
|
|
3 |
RJ SHIPPING |
0313323431 |
|
|
|
|
3 |
RJ SHIPPING |
0313323431 |
|
|
|
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
11 Years |
|
R 5000000.00 |
7 Days |
R 3000000 |
7 Days |
ExcellentTrade
Reference obtained 2012-08-16 |
|
1 |
12 Years |
|
R 5000000 |
7 days |
R 3000000 |
7 days |
Excellent account |
|
2 |
15 Years |
R10000000.00 |
R 4700000.00 |
7 Days |
R1500000 |
7 Days |
ExcellentTrade Reference
obtained 2012-08-16 |
|
2 |
16 Years |
R10000000.00 |
R10000000 |
7 days |
R1100000 |
7 days |
Excellent account |
|
3 |
20 Years |
R 600000.00 |
R 850000.00 |
30 Days |
R 500000 |
30 Days |
Good
AccountTrade Reference obtained 2012-08-16 |
|
3 |
21 Years |
R1100000.00 |
R1000000 |
30 days |
R 500000 |
30 days |
Excellent account |
Judgements - No
information on record
Business Rescue - No
Information on Record
Default Listing - No
information on record
Notarial Bonds - No
information on record
|
Bank |
NEDBANK |
|
Branch |
INDUSTRIA |
|
Brach Code |
198765 |
|
Bank Account Number |
1963273095 |
|
Type of Account |
CURRENT |
|
Account Name |
THE SNACK FACTORY(PTY)LTD |
|
Overdraft Facilities |
Unavailable |
|
Bank Code |
C - For R 100 000 |
|
Bank Comment |
Good for the amount quoted, if strictly in the way of business |
Bank Codes History
|
Date requested |
Bank Code |
Enquiry Amount |
Number of RD's |
RD amount |
RD Date |
Bank Comments |
Years with bank |
Comment |
|
2012/08/17 |
C |
R 5000000.00 |
0 |
R0.00 |
|
Good for the
amount quoted, if strictly in the way of business |
|
|
Previous Bank Account Information - No Information on Record
Property Interests for Company THE SNACK FACTORY (PTY)LTD
|
Title Deed No. |
T32689/1999 |
Erf/Site No. |
0 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
LANGEBERG RURAL |
|
Property Type |
Farms |
Extent / Size |
43.7810H |
|
Purchase Date |
1999/02/25 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
LAND LANDBOUBANK VAN SUID-AFR |
|
Bond Number |
B157821999 |
Bond Amount |
|
|
Number of Principals |
5 |
|
Average Age of Active Principals |
61 |
Active Principals Principal
- 1of 5 BRIAN MORRIS
|
Surname |
MORRIS |
|
First Name |
BRIAN |
|
Other Names |
HAMILTON |
|
Marital Status |
|
|
ID Number |
531031 |
|
Verified ID Number |
No |
|
Current Age |
59 |
|
Designation |
AUDITOR |
|
Status |
Active |
|
Appointment Date |
2006/02/01 |
|
Physical Address (at time of Appointment) |
LES QUATRE REGNES, ROUTE DC FRANCTIEF, ST BRELADE, JERSEY, 1000 |
|
Postal Address |
CHARTER PLACE, 23/27 SEATON PLACE, ST HELLER, JERSEY, JE1 3UG |
|
Current Tel Number |
Unavailable |
|
Cell number |
Unavailable |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse -
No information on record
Business Information
for BRIAN MORRIS
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
UNITED VENTURES (PTY) LTD |
2003/010852/07 |
In Business |
9 Years 3 Months |
0 |
No |
|
|
THE SNACK FACTORY (PTY)LTD |
M1988/003077/07 |
In Business |
24 Years 2 Months |
0 |
No |
|
|
AAAKHUTSWI RIVER GAME FARMS (PTY) LTD |
M2000/007342/07 |
In Business |
12 Years 4 Months |
0 |
No |
|
|
DROVER INVESTMENTS (PTY) LTD |
M2005/001116/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
Principal - 2of 5
DARREN LOWENTHAL
|
Surname |
LOWENTHAL |
|
First Name |
DARREN |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
6405135191182 |
|
Verified ID Number |
Yes |
|
Current Age |
48 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1993/04/27 |
|
Physical Address (at time of Appointment) |
2 MORNINGSIDE VILLA, MORNINGSIDE, 2196 |
|
Postal Address |
PO BOX 1760, BRONKHORSTRSPRUIT, 1020 |
|
Current Tel Number |
0139333105 |
|
Cell number |
0832508481 |
|
Shareholding/Membership |
0.0000 |
Business Information
for DARREN LOWENTHAL
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
TARLO PROPERTIES (PTY) LTD |
2004/031492/07 |
In Business |
7 Years 10 Months |
0 |
No |
|
|
THE SNACK FACTORY (PTY)LTD |
M1988/003077/07 |
In Business |
24 Years 2 Months |
0 |
No |
|
|
DROVER INVESTMENTS (PTY) LTD |
M2005/001116/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
Principal - 3of 5
ERROL SACKSTEIN
|
Surname |
SACKSTEIN |
|
First Name |
ERROL |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
4102285017093 |
|
Verified ID Number |
Yes |
|
Current Age |
71 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1991/02/18 |
|
Physical Address (at time of Appointment) |
35A MURRAY STREET, WAVERLEY, JOHANNESBURG, 2090 |
|
Postal Address |
P 0 BOX 43231, INDUSTRIA, 2043 |
|
Current Tel Number |
0118870143 |
|
Cell number |
0829033900 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse -
No information on record
Business Information
for ERROL SACKSTEIN
Principal Current Business
Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
E SACKSTEIN INVESTMENTS (PTY) LTD |
1970/011328/07 |
In Business |
42 Years |
0 |
No |
|
|
TAUCO PROPERTIES CC |
1987/000727/23 |
In Business |
25 Years 7 Months |
0 |
No |
|
|
VAAL SEEDLINGS CC |
1987/011419/23 |
In Business |
25 Years 3 Months |
0 |
No |
|
|
CYCAD FINANCIAL HOLDINGS LTD |
1998/008637/06 |
In Business |
14 Years 3 Months |
0 |
No |
|
|
SEVEN ARROWS PROTECTION ALLIANCE CC |
2003/088372/23 |
Conversion CO/CC or CC/CO |
8 Years 10 Months |
0 |
No |
|
|
LATIN AMERICA AFRICA TRADING (PTY) LTD |
2004/026189/07 |
In Business |
7 Years 11 Months |
0 |
No |
|
|
NIGHT BREEZE INVESTMENTS 102 CC |
2005/161031/23 |
In Business |
6 Years 9 Months |
0 |
No |
|
|
KEW ACTION GROUP |
2006/039229/08 |
In Business |
5 Years 8 Months |
0 |
No |
|
|
ERF 7145 PORT ALFRED CC |
2009/056799/23 |
In Business |
3 Years 5 Months |
0 |
No |
|
|
LEGEND INVESTMENTS (PTY) LTD |
M1968/005907/07 |
In Business |
44 Years 3 Months |
0 |
No |
|
|
MALMO (PTY)LTD |
M1969/009469/07 |
In Business |
43 Years 2 Months |
0 |
No |
|
|
B SCHREIBER INVESTMENTS (PTY) LTD |
M1980/005528/07 |
In Business |
32 Years 2 Months |
0 |
No |
|
|
THE SNACK FACTORY (PTY)LTD |
M1988/003077/07 |
In Business |
24 Years 2 Months |
0 |
No |
|
|
R F G INVESTMENTS SHARE BLOCK (PTY) LTD |
M1992/005313/07 |
In Business |
19 Years 11 Months |
0 |
No |
|
|
PACOLET PROPERTIES SHARE
BLOCK (PTY)LTD |
M1992/005782/07 |
In Business |
19 Years 10 Months |
0 |
No |
|
|
ROLBEN SHARE BLOCK (PTY)LTD |
M1992/005783/07 |
In Business |
19 Years 10 Months |
0 |
No |
|
|
NATIONAL FLAG (PTY) LTD |
M2001/023101/07 |
In Business |
10 Years 11 Months |
0 |
No |
|
|
DROVER |
M2005/001116/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
INVESTMENTS |
|
|
|
|
|
|
|
(PTY) LTD |
|
|
|
|
|
|
Principal Previous Business Interests
Average Age of Previous Business 34 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|||
|
NEWTON AND
TAYLOR (PTY) LTD |
1948/029567/07 |
Voluntary Liquidation |
64 Years 3 Months |
0 |
Yes |
|
|||
|
CAWOOD SALT WORKS (PTY) LTD |
1952/002280/07 |
In Business |
60 Years |
0 |
No |
|
|||
|
BUFFALO ESTATES (PTY) LTD |
1953/001709/07 |
Deregistration Final |
58 Years 11 Months |
0 |
No |
|
|||
|
BIC 2003 (PTY)LTD |
1959/003433/07 |
Deregistration Final |
52 Years 11 Months |
0 |
No |
|
|||
|
SALT REFINERS AND PACKERS (PTY)LTD |
1965/007755/07 |
In Business |
46 Years 11 Months |
0 |
No |
|
|||
|
UPINGTON SOUTMYN (PTY) LTD |
1967/013233/07 |
Deregistration Final |
44 Years 8 Months |
0 |
No |
|
|||
|
THERMOTROPIC (PTY) LTD |
1969/015496/07 |
Deregistration Final |
42 Years 10 Months |
0 |
No |
|
|||
|
THERMETTE (PTY)LTD |
1971/006372/07 |
Deregistration Final |
41 Years 2 Months |
0 |
No |
|
|||
|
STYROMOULD PLASTICS (PTY)LTD |
1971/010720/07 |
Deregistration Final |
40 Years 11 Months |
0 |
No |
|
|||
|
SOLAR SALT PROCESSORS (PTY) LTD |
1980/001324/07 |
In Business |
32 Years 6 Months |
0 |
No |
|
|||
|
POLO RESTAURANTS (PTY) LTD |
1983/003882/07 |
Deregistration Final |
29 Years 4 Months |
0 |
No |
|
|||
|
BIC (SOUTH AFRICA) (PTY) LTD |
1985/003576/07 |
In Business |
27 Years |
0 |
No |
|
|||
|
TIPP-EX SOUTH AFRICA (PTY)LTD |
1990/005518/07 |
Dissolved |
21 Years 11 Months |
0 |
No |
|
|||
|
BIC DRAWING AND WRITING INSTRUMENTS (PTY) LTD |
1993/004878/07 |
Voluntary Liquidation |
19 Years |
0 |
Yes |
|
|||
|
SAVOY WAVERLEY ACTIVE PROTECTION |
2006/036496/08 |
In Business |
5 Years 9 Months |
0 |
No |
|
|||
|
SAVOY WAVERLEY RESIDENTIAL ASSOCIATION |
2007/013533/08 |
In Business |
5 Years 3 Months |
0 |
No |
|
|||
|
7ARROWS SECURITY (PTY) LTD |
2009/004183/07 |
In Business |
3 Years 5 Months |
0 |
No |
|
|||
|
BIC HOLDINGS SOUTHERN AFRICA (PTY) LTD |
M1958/003726/07 |
In Business |
53 Years 9 Months |
0 |
No |
|
|||
|
INDUSTRIAL SALT (PTY) LTD |
M1989/000373/07 |
In Business |
23 Years 7 Months |
0 |
No |
|
|||
|
STUDENTS IN FREE ENTERPRISE SOUTH AFRICA |
M2002/004683/08 |
In Business |
10 Years 6 Months |
0 |
No |
|
|||
|
PROJECTS TO CREATE JOBS |
M2002/018026/08 |
In Business |
10 Years 1 Months |
0 |
No |
|
|||
|
CONSUMEX LTD |
1944/018185/06 |
Deregistration Final |
67 Years 8 Months |
0 |
No |
|
|||
Principal's Deeds Information - No information on record
Principal - 4of 5 BERNARD LOWENTHAL
|
Surname |
LOWENTHAL |
|
First Name |
BERNARD |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
3411275065007 |
|
Verified ID Number |
Yes |
|
Current Age |
78 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1991/02/18 |
|
Physical Address (at time of Appointment) |
2 ANDALYN 105 EAST ROAD, ATHOLL, SANDTON, 2196 |
|
Postal Address |
P O BOX 9, BOKSBURG, 1459 |
|
Current Tel Number |
0113062000 |
|
Cell number |
0836540105 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse -
No information on record
Business Information
for BERNARD LOWENTHAL
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
AQUINAS INVESTMENTS (PTY) LTD |
1959/004673/07 |
In Business |
52 Years 8 Months |
0 |
No |
|
|
BBW MOTORS (PTY) LTD |
1966/002207/07 |
In Business |
46 Years 5 Months |
0 |
No |
|
|
CONSOLIDATED AUTO (PTY)LTD |
1970/005364/07 |
In Business |
42 Years 4 Months |
0 |
No |
|
|
CONSORTIUM INVESTMENTS (PTY) LTD |
1986/005116/07 |
In Business |
25 Years 8 Months |
0 |
No |
|
|
ECM PROPS (PTY) LTD |
1996/000253/07 |
In Business |
16 Years 7 Months |
0 |
No |
|
|
EASTERN CAPE MOTOR HOLDINGS (PTY) LTD |
1996/000920/07 |
In Business |
16 Years 7 Months |
0 |
No |
|
|
COMBOTRADE EIGHT (PTY)LTD |
1997/000702/07 |
In Business |
15 Years 7 Months |
0 |
No |
|
|
CARS4LESS (PTY) LTD |
2003/005330/07 |
In Business |
9 Years 5 Months |
0 |
No |
|
|
TARLO PROPERTIES (PTY) LTD |
2004/031492/07 |
In Business |
7 Years 10 Months |
0 |
No |
|
|
MALMO (PTY)LTD |
M1969/009469/07 |
In Business |
43 Years 2 Months |
0 |
No |
|
|
EASTERN CAPE MOTORS (PTY)LTD |
M1984/011119/07 |
In Business |
27 Years 8 Months |
2 |
No |
|
|
THE SNACK FACTORY (PTY)LTD |
M1988/003077/07 |
In Business |
24 Years 2 Months |
0 |
No |
|
|
CONSORTIUM MOTORS (PTY)LTD |
M1988/004080/07 |
In Business |
24 Years 1 Months |
0 |
No |
|
|
LAND L INVESTMENTS
(PTY) LTD |
M1990/005443/07 |
In Business |
21 Years 11 Months |
0 |
No |
|
|
NEWTON SERVICE STATION (PTY)LTD |
M1996/007348/07 |
In Business |
16 Years 2 Months |
0 |
No |
|
|
BOBBY LOWENTHAL INVESTMENT COMPANY (PTY) LTD |
M1996/010705/07 |
In Business |
16 Years |
0 |
No |
|
|
F AND 1 CHANGING TIDES (PTY)LTD |
M2003/022658/07 |
In Business |
8 Years 11 Months |
0 |
No |
|
|
DROVER INVESTMENTS (PTY) LTD |
M2005/001116/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
CVI IMPORTERS (PTY) LTD |
M2007/020551107 |
In Business |
5 Years 1 Months |
0 |
No |
|
|
CU VEHICLE RENTAL (PTY)LTD |
M2007/026544/07 |
In Business |
4 Years 11 Months |
0 |
No |
|
|
QUALITY DIRECT (PTY) LTD |
M2008/010131/07 |
In Business |
4 Years 4 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 46 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
DATNIS PORT ELIZABETH (PTY)LTD |
1965/009941/07 |
Deregistration Final |
46 Years 9 Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
Principal - 5of 5
CRAIG LOWENTHAL
|
Surname |
LOWENTHAL |
|
First Name |
CRAIG |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
6104125249106 |
|
Verified ID Number |
Yes |
|
Current Age |
51 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1991/02/18 |
|
Physical Address (at time of Appointment) |
60 6TH STREET, HOUGHTON, 2198 |
|
Postal Address |
60 6TH STREET, HOUGHTON, 2198 |
|
Current Tel Number |
0114853887 |
|
Cell number |
Unavailable |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse -
No information on record
Business Information
for CRAIG LOWENTHAL
Principal Current Business
Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
TWENTY-THREE GRENVILLE AVENUE CC |
1988/026909/23 |
Conversion CO/CC or CC/CO |
23 Years 11 Months |
0 |
No |
|
|
LATIN AMERICA AFRICA TRADING (PTY) LTD |
2004/026189/07 |
In Business |
7 Years 11 Months |
0 |
No |
|
|
MALMO (PTY)LTD |
M1969/009469/07 |
In Business |
43 Years 2 Months |
0 |
No |
|
|
THE SNACK FACTORY (PTY)LTD |
M1988/003077/07 |
In Business |
24 Years 2 Months |
0 |
No |
|
|
LAND L INVESTMENTS
(PTY) LTD |
M1990/005443/07 |
In Business |
21 Years 11 Months |
0 |
No |
|
|
PETALCORE INVESTMENTS (PTY) LTD |
M2002/006638/07 |
In Business |
10 Years 5 Months |
0 |
No |
|
|
DROVER INVESTMENTS (PTY) LTD |
M2005/001116/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.69 |
|
UK Pound |
1 |
Rs.91.66 |
|
Euro |
1 |
Rs.78.69 |
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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.