|
Report Date : |
19.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
DIVERSIFIED ALLOYS (PTY)LTD |
|
|
|
|
Registered Office : |
5 Jockey Street, Strom Mill, Roodeport |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
19.03.1996 |
|
|
|
|
Com. Reg. No.: |
M1996/003347/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Manufacturer of basic iron and steel |
|
|
|
|
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 |
DIVERSIFIED ALLOYS (PTY)LTD |
|
Country |
South Africa |
|
Subject Contact Person |
NATALIE MACMAHON - FINANCIAL AAANAGER |
|
Assessment |
This is an established business. On investigation contact was made with NATALIE MACMAHON the financial manager who requested a questionnaire to be sent to her for completion. After numerous follow ups MRS. MACMAHON stated that she would require more time to complete the questionnaire. We are awaiting further information on the subject. Please see the available information on the subject below. |
|
Registered Name |
DIVERSIFIED ALLOYS (PTY)LTD |
|
Trading as/ Division Name |
DIVERSIFIED ALLOYS |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
M1996/003347/07 |
|
Registration Date |
1996/03/19 |
|
Date Commenced Trading |
1996-03-19 |
|
Age of Business |
17 Years 3 Months |
|
History of Business |
The business was established in 1996 and
operations commenced immediately. The subject is said to be part of the
EUROSTEEL group. |
|
History of Principals |
There are currently 3 active directors within
the company. |
|
Shareholders/Members/Partners of subject and % holding |
Undisclosed |
|
Authorised Share Capital |
R0.00 |
|
Issued Share Capital/Members Contribution |
R0.00 |
|
Status |
In Business |
|
Operations Assessment |
The subject deals in the import and supply of steel |
|
Industry/ Customers |
All major retailers |
|
Major Industry Code / SICC |
3510 |
|
Definition of Code |
MANUFACTURE OF BASIC IRON AND STEEL |
|
Head Office Physical Address |
5 Jockey Street, STROM MILL, ROODEPORT |
|
Head Office Postal Address |
P O BOX 6200, MIDRAND, 1685 |
|
Current Tel Number |
0873101900 |
|
Cell Number |
Undisclosed |
|
Current Fax Number |
Undisclosed |
|
Current Email Address |
|
Company Registered Name |
DELOITTE & TOUCHE INC |
|
Trading Name |
DELOITTE & TOUCHE |
|
Registration Number |
1963/004547/06 |
|
Physical Address |
20 Woodlands Drive, Woodlands, WOODMEAD |
|
Postal Address |
PRIVAT BAG X6, GALLO MANOR, 2052 |
|
Contact Person |
SUNIL |
|
Contact Number |
0118065000 |
|
Email |
Undisclosed |
|
Judgements Against Subject |
None On Record |
|
Judgements Against Principals |
None On Record |
|
Subject Verified as Client |
Yes |
|
Practice Number |
926973 |
|
VAT Number |
Undisclosed |
|
Tax Number |
Undisclosed |
|
BEE Status |
Undisclosed |
|
Financial Year End |
Undisclosed |
|
No of years in Business |
5 Years 4 Months |
|
Website |
Previous Auditors Information - No Information on Record
|
Vat Number |
4430157364 |
|
Status |
ACTIVE |
|
Vat Liable Date |
1996/03/19 |
|
Tax Number |
9388156847 |
|
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
Company Fleet
Information - No Information on Record
Offices Information - No Information on
Record
Branch Information - No Information on
Record
Organisational Chart - No Information on Record
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
BusinessRescue - No
Information on Record
Judgements - 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
|
Number of Principals |
3 |
|
Average Age of Active Principals |
48 |
Active Principals Principal
- 1of 3 JOAHNNES LIEBENBERG
|
Surname |
LIEBENBERG |
|
First Name |
JOAHNNES |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
6407235088086 |
|
Verified ID Number |
Yes |
|
Current Age |
48 Years 11 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1996/04/15 |
|
Physical Address (at time of Appointment) |
48 MILKYWAY AVENUE, LINBRO PARK, JOHANNESBURG, 2065 |
|
Postal Address |
PO BOX 1027, RANDPARK RIDGE, JOHANNESBURG, 2196 |
|
Current Tel Number |
0114742964 |
|
Cell number |
0832633624 |
Principal's Adverse -
No information on record
Business Information
for JOAHNNES LIEBENBERG
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CRETE AND COAT PRODUCTS CC |
B2008/100483/23 |
In Business |
5 Years 5 Months |
1 |
No |
|
|
CRETE AND COAT PRODUCTS JOHANNESBURG CC |
B2006/209424/23 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
DIVERSIFIED ALLOYS (PTY)LTD |
M1996/003347/07 |
In Business |
17 Years 5 Months |
0 |
No |
|
|
HENTIQ2580 (PTY) LTD |
M2000/012319/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
SPECIALITY STEEL MERCHANTS (PTY) LTD |
M2002/010267/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 13 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ERUS PROPVEST 56 CC |
B2007/039473/23 |
In Business |
6 Years 6 Months |
0 |
No |
|
|
GAMMID CAPE (PTY) LTD |
M1982/002432/07 |
Deregistration Final |
31 Years 7 Months |
0 |
No |
|
|
METAMARK TRADING CC |
B1989/034827/23 |
Deregistration Final |
|
0 |
No |
|
|
TRIPPLE S SUPPLIES CC |
M1992/028375/23 |
Deregistration Final |
21 Years 9 Months |
0 |
No |
|
|
WEALTHGATE INVESTMENTS 183 (PTY) LTD |
M2005/029883/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
BIONIC METALS (PTY) LTD |
M2003/008016/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
|
C M E METALS AND FABRICATIONS CC |
B1993/006078/23 |
Deregistration Final |
20 Years 8 Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
Principal - 2of 3
COLIN WILSON
|
Surname |
WILSON |
|
First Name |
COLIN |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
6212195145086 |
|
Verified ID Number |
Yes |
|
Current Age |
50 Years 6 Months |
|
Designation |
BUSINESSMAN |
|
Status |
Active |
|
Appointment Date |
2006/11/30 |
|
Physical Address (at time of Appointment) |
39 DUNDALK AVENUE, PARKVIEW, JOHANNESBURG, 2010 |
|
Postal Address |
P O BOX 6200, MIDRAND, 2090 |
|
Current Tel Number |
0117022363 |
|
Cell number |
0829001095 |
Principal's Adverse -
No information on record
Business Information
for COLIN WILSON
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
RETFIN 202 (PTY) LTD |
M2002/006436/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
|
RETFIN 210 (PTY) LTD |
M2002/015470/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
|
RETFIN 251 (PTY) LTD |
M2004/019250/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
RETFIN 259 (PTY) LTD |
M2004/032226/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
SEMONTE INVESTMENTS (PTY) LTD |
M1983/007426/07 |
In Business |
30 Years 6 Months |
0 |
No |
|
|
SHELL CASE 64 (PTY) LTD |
2004/001651/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
SPECIALITY STEEL MERCHANTS (PTY) LTD |
M2002/010267/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
|
SPECSTRIP (PTY) LTD |
M1974/001156/07 |
In Business |
39 Years 3 Months |
0 |
No |
|
|
SUD INDUSTRIAL MARKETING CC |
B1995/018865/23 |
In Business |
18 Years 6 Months |
0 |
No |
|
|
TOZA STAINLESS STEEL (PTY)LTD |
M1999/028473/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
WAVE SHIFT CC |
B2001/072339/23 |
In Business |
0 |
0 |
No |
|
|
ACTEBIS 317 CC |
B2001/004080/23 |
Conversion CO/CC or CC/CO |
0 |
0 |
No |
|
|
AFMETCO (PTY)LTD |
M2004/032337/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
ALL ALLOYS (PTY) LTD |
M1998/017560/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
|
ALSYSCO SA (PTY) LTD |
M2006/012421/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
ALTERNATIVE METALLURGICAL SOLUTIONS CC |
B2001/047836/23 |
Conversion CO/CC or CC/CO |
0 |
0 |
No |
|
|
BERRICK TRADING CC |
B1989/012015/23 |
Conversion CO/CC or CC/CO |
0 |
0 |
No |
|
|
BIONIC METALS (PTY) LTD |
M2003/008016/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
|
DIVERSIFIED ALLOYS (PTY)LTD |
M1996/003347/07 |
In Business |
17 Years 5 Months |
0 |
No |
|
|
DIVERSIFIED
PROJECTS AND TRADING (PTY)LTD |
M2001/000663/07 |
In Business |
0 |
0 |
No |
|
|
E P AAANUFACTURING CC |
B1999/059498/23 |
Conversion CO/CC or CC/CO |
14 Years 2 Months |
0 |
No |
|
|
ENSEMBLE TRADING 2296 CC |
B2000/013836/23 |
Conversion CO/CC or CC/CO |
13 Years 1 Months |
0 |
No |
|
|
HENTIQ2580 (PTY) LTD |
M2000/012319/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
PLASCUT 86 (PTY) LTD |
M2001/011294/07 |
In Business |
0 |
0 |
No |
|
|
PRESENT PERFECT INVESTMENTS 207 (PTY) LTD |
M2002/026743/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 18 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
AMS HAVEN 165 (PTY) LTD |
M2001/000780/07 |
Deregistration Final |
|
0 |
No |
|
|
COLGRA (PTY)LTD |
M1996/013566/07 |
Deregistration Final |
17 Years 5 Months |
0 |
No |
|
|
DELBURNE HOLDINGS (PTY) LTD |
M2007/023657/07 |
Deregistration Final |
6 Years 6 Months |
0 |
No |
|
|
EASY ENGINEERING (PTY) LTD |
M1971/007169/07 |
Deregistration Final |
42 Years 6 Months |
0 |
No |
|
|
FAD STEEL DISTRIBUTORS (PTY) LTD |
M1993/000373/07 |
Dissolved |
20 Years 8 Months |
0 |
No |
|
|
HIGHVELD SALES CC |
B1990/028611/23 |
Deregistration Final |
23 Years 11 Months |
0 |
No |
|
|
MAYABIX (PTY)LTD |
M2009/017186/07 |
In Business |
4 Years 4 Months |
0 |
No |
|
|
METRADE CC |
B1991/032392/23 |
Conversion CO/CC or CC/CO |
22 Years 10 Months |
0 |
No |
|
|
NUTRO PROJECTS (PTY) LTD |
M1993/001522/07 |
Dissolved |
20 Years 8 Months |
0 |
No |
|
|
PLEASANT VALLEY FARM (PTY)LTD |
M1971/006694/07 |
Deregistration Final |
42 Years 6 Months |
0 |
No |
|
|
RETFIN 265 (PTY)LTD |
M2005/016340/07 |
In Liquidation |
8 Years 8 Months |
1 |
Yes |
|
|
SOUTHERN AFRICA STAINLESS STEEL
DEVELOPMENT ASSOCIATION |
M2003/022992/08 |
In Business |
10 Years 10 Months |
0 |
No |
|
|
STAFCO PROPERTY MANAGEMENT (PTY) LTD |
M1981/008358/07 |
In Business |
32 Years 8 Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
Principal - 3of 3
NICHOLAS DESILLA
|
Surname |
DESILLA |
|
First Name |
NICHOLAS |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
6812065228084 |
|
Verified ID Number |
Yes |
|
Current Age |
44 Years 6 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2007/08/31 |
|
Physical Address (at time of Appointment) |
27 STEENBOK STREET, MORNINGSIDE, 2010 |
|
Postal Address |
P O BOX 6200, MIDRAND, 2090 |
|
Current Tel Number |
0114400009 |
|
Cell number |
0873101910 |
|
Shareholding/Membership |
|
Principal's Adverse -
No information on record
Business Information
for NICHOLAS DESILLA
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ACTEBIS 317 CC |
B2001/004080/23 |
Conversion CO/CC or CC/CO |
0 |
0 |
No |
|
|
AFMETCO (PTY)LTD |
M2004/032337/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
ALL ALLOYS (PTY) LTD |
M1998/017560/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
|
ALSYSCO SA (PTY) LTD |
M2006/012421/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
ALTERNATIVE METALLURGICAL SOLUTIONS CC |
B2001/047836/23 |
Conversion CO/CC or CC/CO |
0 |
0 |
No |
|
|
ALUMINIUM TRADING ARCHITECTURAL (PTY) LTD |
M2007/024717/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
|
AQUARELLA INVESTMENTS 147 (PTY) LTD |
M2005/018443/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
BERRICK TRADING CC |
B1989/012015/23 |
Conversion CO/CC or CC/CO |
0 |
0 |
No |
|
|
BIONIC METALS (PTY) LTD |
M2003/008016/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
|
C N C SERVICE
AND INTERGRATION (PTY) LTD |
2004/020226/07 |
In Business |
9 Years 9 Months |
1 |
No |
|
|
CASCARILLA INVESTMENTS (PTY) LTD |
M2000/004972/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
DIVERSIFIED ALLOYS (PTY)LTD |
M1996/003347/07 |
In Business |
17 Years 5 Months |
0 |
No |
|
|
DIVERSIFIED PROJECTS AND TRADING (PTY)LTD |
M2001/000663/07 |
In Business |
0 |
0 |
No |
|
|
E P MANUFACTURING CC |
B1999/059498/23 |
Conversion CO/CC or CC/CO |
14 Years 2 Months |
0 |
No |
|
|
ENSEMBLE TRADING 2296 CC |
B2000/013836/23 |
Conversion CO/CC or CC/CO |
13 Years 1 Months |
0 |
No |
|
|
NUNGU TRADING 670 (PTY)LTD |
M2006/030397/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
PLASCUT 86 (PTY) LTD |
M2001/011294/07 |
In Business |
0 |
0 |
No |
|
|
RETFIN 202 (PTY) LTD |
M2002/006436/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
|
RETFIN 251 (PTY) LTD |
M2004/019250/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
RETFIN 259 (PTY) LTD |
M2004/032226/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
SEMONTE INVESTMENTS (PTY) LTD |
M1983/007426/07 |
In Business |
30 Years 6 Months |
0 |
No |
|
|
SOUTHERN SPIRIT PROPERTIES 118 (PTY) LTD |
M2005/011279/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
SPECIALITY STEEL MERCHANTS (PTY) LTD |
M2002/010267/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
|
SPECSTRIP (PTY) LTD |
M1974/001156/07 |
In Business |
39 Years 3 Months |
0 |
No |
|
|
TOZA STAINLESS STEEL (PTY)LTD |
M1999/028473/07 |
In Business |
14 Years 2 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 |
|
HENTIQ 2057 (PTY) LTD |
M1999/026313/07 |
Deregistration Final |
14 Years 2 Months |
0 |
No |
|
|
MAYABIX (PTY)LTD |
M2009/017186/07 |
In Business |
4 Years 4 Months |
0 |
No |
|
|
PECANPROPS 37 CC |
B2000/023093/23 |
Deregistration Final |
13 Years 1 Months |
0 |
No |
|
|
PECANPROPS 51 CC |
B2000/038089/23 |
Deregistration Final |
13 Years 1 Months |
0 |
No |
|
|
PRICEWATERHOUSECO
OPERSINC |
M1998/012055/21 |
In Business |
15 Years 3 Months |
0 |
No |
|
|
QUICK LEAP INVESTMENTS 294 (PTY) LTD |
M2004/030510/07 |
Deregistration Final |
9 Years 9 Months |
0 |
No |
|
|
RIVERDEEP INVESTMENTS 0003 (PTY) LTD |
M2004/027593/07 |
Deregistration Final |
9 Years 9 Months |
0 |
No |
|
|
RIVERDEEP INVESTMENTS 0005 (PTY) LTD |
M2004/027775/07 |
Deregistration Final |
9 Years 9 Months |
0 |
No |
|
|
SMART VENDING CC |
2004/073605/23 |
Deregistration Final |
9 Years 9 Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.58.45 |
|
UK Pound |
1 |
Rs.91.60 |
|
Euro |
1 |
Rs.77.91 |
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.