|
Report Date : |
07.03.2013 |
IDENTIFICATION DETAILS
|
Name : |
BCC
PHARMACEUTICALS (PTY)LTD |
|
|
|
|
Registered Office : |
The
Village place, 3 Erica Road, Kommetjie, CAPE TOWN, 7975 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
22.08.1995 |
|
|
|
|
Com. Reg. No.: |
M1995/008806/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Wholesale
trade in pharmaceuticals, toiletries and medical equipment |
|
|
|
|
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 Unemployment remains high and outdated infrastructure has constrained growth.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
|
Subject
Name |
BCC
PHARMACEUTICALS (PTY)LTD |
|
Country |
South
Africa |
|
Subject
Contact Person |
CHARLY -
Adminstrator |
|
Assessment |
This is a
well-established business. On investigation contact was made with CHARLY, the
administrator of the concern. The company has been in operation for over 17
years. There is no adverse information on file. CHARLY assisted with basic
information, she however declined any Financial information and Trade
references as the director MR. STUART BASSETT will be out of the office until
next week. The Physical address provided by yourselves, 14 Lindeshof Road,
Cape Town, 7806 is the previous address of the company.Please see the
information obtained below |
|
Registered
Name |
BCC
PHARMACEUTICALS (PTY)LTD |
|
Trading
as/ Division Name |
None |
|
Previous
Name |
Declined |
|
Date of
Name Change |
Aug 22
1995 12:00AM |
|
Registration
Number |
M1995/008806/07 |
|
Registration
Date |
1995/08/22 |
|
Date
Commenced Trading |
August
1995 |
|
Age of
Business |
17 Years
6 Months |
|
History
of Business |
BCC
PHARMACEUTICALS (PTY)LTD was established in August 1995 and underwent a name change
to the current name. The company is a division of SAMED. |
|
History
of Principals |
There is
one active director |
|
Shareholders/Members/Partners
of subject and % holding |
100 % -
STUART BASSETT |
|
Authorised
Share Capital |
R 0.00 |
|
Issued Share
Capital/Members Contribution |
R 0.00 |
|
Status |
In
Business |
|
Operations
Assessment |
The
company is involved in the retail of pharmaceuticals, equipment, furniture
and related medical disposables |
|
Industry/
Customers |
Medical
Sector |
|
Export |
Declined |
|
Export
Countries |
|
|
Import |
Yes |
|
Import
Countries |
|
|
Major
Industry Code / SICC |
61394 |
|
Definition
of Code |
Wholesale
trade in pharmaceuticals, toiletries and medical equipment |
|
Head
Office Physical Address |
The Village
place, 3 Erica Road, Kommetjie, CAPE TOWN, 7975 |
|
Head
Office Postal Address |
P O BOX
287, CONSTANTIA, 7848 |
|
Current
Tel Number |
0217833378
/ 0217157070 |
|
Cell
Number |
0833777716 |
|
Current
Fax Number |
0217830322
/ 0217157073 |
|
Current Email
Address |
|
|
Web Site
Address |
|
|
Comments |
14 Lindeshof
Road, Cape Town, 7806 is the previous address of the subject. |
|
Company
Registered Name |
M RALPH
AND ASSOCIATES CONSULTING CC |
|
Trading
Name |
M RALPH
AND ASSOCIATES |
|
Registration
Number |
1996/000416/23 |
|
Physical
Address |
86 BREE
STREET, CAPE TOWN, WESTERN CAPE, ZA |
|
Postal
Address |
P O BOX
1195, SEA POINT, 8060 |
|
Contact
Person |
|
|
Contact
Number |
0214261550 |
|
Practice
Number |
954861 |
|
VAT
Number |
|
|
Tax
Number |
9521441031 |
|
BEE
Status |
|
|
Financial
Year End |
February |
|
No of
years in Business |
Unknown |
|
Website |
|
|
Comment |
The
company is in the process of being deregisterd |
Previous
Auditors
|
Company
Name |
Phone
Number |
Time with
previous auditors |
Comment |
|
FRYMER
BYWATER MACKAY-DAVIDSON |
|
14 |
|
|
Vat
Number |
4410154548 |
|
Status |
ACTIVE |
|
Vat
Liable Date |
1996/01/01 |
|
Tax
Number |
9599881845 |
|
Tax
Clearance Expire Date |
|
|
Financial
Year End |
February |
|
Comment |
|
|
Black
Economic Empowerment |
|
|
Status |
Yes |
|
Score |
5.00 |
|
Expire
Date |
|
|
BEE
Certificate Available |
No |
|
Comment |
LEVEL 5 |
|
ISO
Status |
|
|
Type of
ISO Grade |
ISO
9001:2008 |
|
ISO
Certificate |
|
|
ISO Certificate
Available |
|
|
Certified
by an Accredited Agent |
|
|
Comment |
|
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 |
Organisation
Chart
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
Managing
Director |
STUART
BASSETT |
|
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 |
|
|
Judgements |
0 |
|
Possible
Judgements |
0 |
|
Civil
Court |
0 |
|
RDs |
0 |
|
Comment |
No
Information on Record |
Business
Rescue
|
Date
registered |
Business
rescue practitioner |
Contact
Information |
Details |
Comment |
|
|
No
information found on file |
No
Information on Record |
No
Information on Record |
No
Information on Record |
Default
Listings
|
Date |
Details |
Comment |
|
|
No information
found on file |
No
Information on Record |
Notarial
Bonds
|
Date |
Details |
Comment |
|
|
No
information found on file |
No
Information on Record |
|
Bank |
NEDBANK |
|
Branch |
Declined |
|
Brach
Code |
198765 |
|
Bank Account
Number |
Declined |
|
Type of
Account |
Declined |
|
Account
Name |
BCC
PHARMACEUTICALS (PTY)LTD |
|
Overdraft
Facilities |
Declined |
|
Bank
Code |
P |
|
Bank
Comment |
A Bank
code could not be obtained as the subject declined to provide a bank account number |
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 |
1 |
|
Average
Age of Active Principals |
58 |
|
Active
Principals Principal
- 1of 1 STUART BASSETT |
|
|
Surname |
BASSETT |
|
First
Name |
STUART |
|
Other
Names |
None |
|
Marital
Status |
|
|
ID
Number |
5501215123086 |
|
Verified
ID Number |
Yes |
|
Current
Age |
58 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1996/07/22 |
|
Physical
Address (at time of Appointment) |
17 CLAN
MUNROE AVE, KOMMETJIE, 7848 |
|
Postal
Address |
P O BOX
278, CONSTANTIA, 7848 |
|
Current
Tel Number |
0217020118 |
|
Cell
number |
0833777716 |
|
Shareholding/Membership |
100 % |
Principal's
Adverse - No information on record
Business
Information forSTUART BASSETT Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
THE
BLACK COFFEE COMPANY (PTY)LTD |
M1996/012286/07 |
In
Business |
17 Years
5 Months |
0 |
No |
|
|
BCC PHARMACEUTICALS
(PTY)LTD |
M1995/008806/07 |
In
Business |
18 Years
6 Months |
0 |
No |
|
Average
Age of Previous Business I 10 Years
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
BASSETTS
CATERERS CC |
B1989/029118/23 |
Deregistration
Final |
|
0 |
No |
|
|
NEW
ADVENTURE INVESTMENTS 110 (PTY)LTD |
M1997/012120/07 |
Deregistration
Final |
16 Years
4 Months |
0 |
No |
|
|
BCC
TRADING (PTY)LTD |
M1998/005005/07 |
In
Business |
15 Years
3 Months |
0 |
No |
|
|
THE OLD
NURSERY PROPERTY (PTY)LTD |
M1999/015154/07 |
Deregistration
Final |
14 Years
2 Months |
0 |
No |
|
|
CALASKA
TRADING 132 (PTY)LTD |
M2008/014762/07 |
In
Business |
5 Years
5 Months |
0 |
No |
|
Principal's
Deeds Information - No information on record
Principal
Previous Business Interest
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.71 |
|
|
1 |
Rs.82.79 |
|
Euro |
1 |
Rs.71.43 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.