|
Report Date : |
19.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
CAPE
CONFECTIONS CC |
|
|
|
|
Registered Office : |
Plot 30,
Nthombeni Way, Daniel Dale, Noordhoek |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
07.08.1986 |
|
|
|
|
Com. Reg. No.: |
B1986/014276/23 |
|
|
|
|
Legal Form : |
Closed Corporation |
|
|
|
|
Line of Business : |
Manufacture
of food products |
|
|
|
|
No. of Employees : |
Not Available |
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 |
CAPE
CONFECTIONS CC |
|
Country |
South
Africa |
|
Subject
Contact Person |
ANNALINE
- ACCOUNTANT |
|
Assessment |
This
is an established business. On investigation contact was made with MRS.
ANNALINE the accountant of the business who requested a questionnaire to sent
through. We have followed up on the questionnaire on numerous occasions
however MRS. ANNALINE stated that she will require more time to complete the
questionnaire. We await further information on the business. Please see the
available information on the subject below. |
|
Registered
Name |
CAPE
CONFECTIONS CC |
|
Trading
as/ Division Name |
CAPE
CONFECTIONS |
|
Previous
Name |
None |
|
Date
of Name Change |
None |
|
Registration
Number |
B1986/014276/23 |
|
Registration
Date |
1986/08/07 |
|
Date
Commenced Trading |
1986-08-07 |
|
Age
of Business |
26
Years 10 Months |
|
History
of Business |
The
subject was established as a new business in 1986 and operations commenced
immediately. |
|
History
of Principals |
There
is 1 active member within the business. |
|
Shareholders/Members/Partners
of subject and % holding |
100%
- BRIAN LANTON |
|
Authorised
Share Capital |
R0.00 |
|
Issued
Share Capital/Members Contribution |
R0.00 |
|
Status |
In
Business |
|
Operations
Assessment |
Manufacture
of food products |
|
Industry/
Customers |
All
major food retail outlets |
|
Major
Industry Code / SICC |
30401 |
|
Definition
of Code |
MANUFACTURE
OF FOOD PREPARATION PRODUCTS |
|
Head
Office Physical Address |
Plot
30, Nthombeni Way, Daniel Dale, NOORDHOEK |
|
Head
Office Postal Address |
PO
Box 617, NOORDHOEK, 7979 |
|
Current
Tel Number |
0217891885 |
|
Current
Fax Number |
0217891233 |
|
Current
Email Address |
|
|
Web
Site Address |
|
Company
Registered Name |
KIRKAAAN
LAMFEAR INC |
|
Trading
Name |
KIRKAAAN
LAMFEAR |
|
Registration
Number |
M2000/024271/21 |
|
Physical
Address |
64
ROELAND SQUARE, ROELAND STREET, CAPE TOWN, 8001 |
|
Postal
Address |
P
0 BOX 1869, CAPE TOWN, 8000 |
|
Contact
Person |
GREGORY |
|
Contact
Number |
0218433048 |
|
Email |
Undisclosed |
|
Principals |
6 |
|
Judgements
Against Subject |
None
On Record |
|
Judgements
Against Principals |
None
On Record |
|
Subject
Verified as Client |
Yes |
|
Practice
Number |
953350 |
|
VAT
Number |
4410190252 |
|
Tax
Number |
9129199148 |
|
BEE
Status |
Undisclosed |
|
Financial
Year End |
March |
|
No
of years in Business |
13
Years |
|
Website |
Previous
Auditors Information - No Information on Record
|
Vat
Number |
4080129374 |
|
Status |
ACTIVE |
|
Vat
Liable Date |
1991/12/01 |
|
Tax
Number |
9130311039 |
|
Tax
Clearance Expire Date |
|
|
Financial
Year End |
February |
|
Comment |
|
Black
Economic Empowerment Information - No Information on Record
ISO
Information - No Information on Record
Work
Mans Information - No Information on Record
Subsidiaries
Information - No Information on Record
Employees
Information - No Information on Record
Offices
Information Branch Information
Organisation
Chart
Company
Fleet Information - No Information on Record
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
Managing
Member |
BRIAN
LANTON |
|
Note: One level up and all levels
down
|
Holding |
Company |
Sub |
Comment |
|
100% - BRIAN LANTON |
CAPE
CONFECTIONS CC |
|
|
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
Bank Information -
No Information on Record
Bank Code history
- No Information on Record
Previous Bank
Account - No Information on Record
Deeds Information
- No Information on Record
|
Number
of Principals |
1 |
|
Average
Age of Active Principals |
56 |
|
Active
Principals Principal - 1of 1 BRIAN LANTON |
|
|
Surname |
LANTON |
|
First
Name |
BRIAN |
|
Other
Names |
None |
|
Marital
Status |
Single |
|
ID
Number |
5711035772182 |
|
Verified
ID Number |
Yes |
|
Current
Age |
56
Years 3 Months |
|
Designation |
Managing
Member |
|
Status |
Active |
|
Appointment
Date |
1986/08/07 |
|
Physical
Address (at time of Appointment) |
PLOT
30 936, NTHOMBENI WAY, NOORDHOEK, 7979 |
|
Postal
Address |
P
0 BOX 608, NOORDHOEK, 7979 |
|
Current
Tel Number |
0217020721 |
|
Cell
number |
0832702499 |
|
Shareholding/Membership |
100% |
Principal's
Adverse - No information on record
Business
Information forBRIAN LANTON
Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CAPE CONFECTIONS
CC |
B1986/014276/23 |
In
Business |
27
Years 3 Months |
0 |
No |
|
|
CHAMPS
BEVERAGES GAUTENG CC |
B2009/124742/23 |
Deregistration
Process |
4
Years 4 Months |
0 |
No |
|
|
CHAMPS BEVERAGES
KZN CC |
B2009/124741/23 |
Deregistration
Process |
4
Years 4 Months |
0 |
No |
|
|
DELITE
FOODS (PTY) LTD |
M1990/005600/07 |
Conversion
CO/CC or CC/CO |
23
Years 11 Months |
0 |
No |
|
|
INTERCONTINENTA
L BEVERAGES CC |
B2009/145683/23 |
In
Business |
4
Years 4 Months |
0 |
No |
|
|
MARTI
Q 1194 CC |
B2004/004982/23 |
In
Business |
9
Years 9 Months |
0 |
No |
|
|
S
AND B BOTTLERS CC |
B2010/156082/23 |
In
Business |
3
Years 3 Months |
0 |
No |
|
|
TINAS TRADITIONAL
BEVERAGES (PTY) LTD |
M2001/014573/07 |
Conversion
CO/CC or CC/CO |
0 |
1 |
No |
|
Principal's
Deeds Information - No information on record
Principal
Previous Business Interest
Average
Age of Previous Business 16 Years
|
Company
Name |
Registration
No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
A-JOY POWDERED FOODS (PTY)LTD |
M1995/004886/07 |
Deregistration
Final |
18 Years 6 Months |
0 |
No |
|
|
BIO-COMMODITIES
(PTY) LTD |
M1995/010218/07 |
Deregistration
Final |
18 Years 6 Months |
0 |
No |
|
|
NUTRAPRIME
FOODS (PTY) LTD |
M1992/000757/07 |
Deregistration
Final |
21 Years 9 Months |
0 |
No |
|
|
S A PECTIN (PTY)LTD |
M1989/001098/07 |
Deregistration
Final |
|
0 |
No |
|
|
SOYA BEVERAGE INDUSTRIES (PTY)LTD |
M1991/004169/07 |
Deregistration
Final |
22 Years 10 Months |
0 |
No |
|
|
SUNPECTIN (PTY)LTD |
M1993/002249/07 |
Deregistration
Final |
20 Years 8 Months |
0 |
No |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.58.45 |
|
|
1 |
Rs.91.60 |
|
Euro |
1 |
Rs.77.91 |
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.