MIRA INFORM REPORT

 

 

Report Date :

15.03.2013

 

IDENTIFICATION DETAILS

 

Name :

MEDICAL DISTRIBUTORS (PTY)LTD

 

 

Registered Office :

154 Sixteenth Road, Midrand, 1685

 

 

Country :

South Africa

 

 

Date of Incorporation :

27.06.1957

 

 

Com. Reg. No.:

M1957/001868/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Wholesale trade in pharmaceuticals, toiletries and medical equipment

 

 

No. of Employees :

40

 

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

(31.03.2012)

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 Unemployment remains high and outdated infrastructure has constrained growth.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

MEDICAL DISTRIBUTORS (PTY)LTD

Country

South Africa

Subject Contact Person

RODNEY - DEBTORS

Assessment

This is an established business.

 

On investigation contact was made with RODNEY, the debtor at the company.

 

The business has been in operation for over 55 Years.

 

There is adverse information on two of the active directors.

 

Trade References, financial information and banking details were declined.

 

The contact person MRS. LJ FOSU as provided by yourselves, has not been with the company for the past 3 years.

 

Please see the information obtained below.

 

 

Company information

           

Registered Name

MEDICAL DISTRIBUTORS (PTY)LTD

Trading as/ Division Name

None

Previous Name

None

Date of Name Change

None

Registration Number

M1957/001868/07

Registration Date

1957/06/27

Date Commenced Trading

JUNE 1957

Age of Business

55 Years 9 Months

History of Business

MEDICAL DISTRIBUTORS (PTY)LTD was registered in 1957 and operations commenced immediately.

History of Principals

There are seven active directors within the business.

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 company is involved in the import and retail of medical equipment and consumables

Industry/ Customers

Medical Sector

Export

Yes

Export Countries

Botswa na, Lesotho, Swazi lan d, Zi mba bwe

Import Countries

India

Major Industry Code / SICC

61394

Definition of Code

Wholesale trade in pharmaceuticals, toiletries and medical equipment

Head Office Physical Address

154 SIXTEENTH ROAD, MIDRAND, 1685

Head Office Postal Address

PO BOX 4019, HALFWAY HOUSE, 1685

Current Tel Number

0112032121 / 0116951900

Cell Number

0829238864

Current Fax Number

0113143016

Current Email Address

yusufa@dismedonline.com

Web Site Address

www.dismedonline.com

 

 

Auditors information

 

Company Registered Name

PRICE WATERHOUSECOOPERS

Trading Name

PWC

Registration Number

M1998/012055/21

Physical Address

TWO EGLIN ROAD, SUNNINGHILL, 2157

Postal Address

P 0 BOX 215, PAARL, 7620

Contact Number

0117974000

Principals

283

Judgements Against Subject

No information on file

Judgements Against Principals

No information on file

Subject Verified as Client

Yes

Practice Number

906697

VAT Number

4950174682

Tax Number

9343032844

BEE Status

Level 2

Financial Year End

JUNE

No of years in Business

6

Website

www.pwc.com

Company Registered Name

BDO  SOUTH AFRICA INCORPORATED

Trading Name

BDO SOUTH AFRICA INC

Registration Number

M1995/002310/21

Physical Address

22 Wellington Rd  Johannesburg 2193

Postal Address

PRIVATE BAG X60500, HOUGHTON, 2041

Contact Number

010 060 5000

Email

bdojhb@bdo.co.za

Principals

37

Judgements Against Subject

No information on file

Judgements Against Principals

No information on file

Subject Verified as Client

Yes

Practice Number

905526E

VAT Number

4910148685

Tax Number

9040488844

BEE Status

LEVEL 6

Financial Year End

December

No of years in Business

Unknown

Website

www.bdo.co.za

 

Previous Auditors

Company Name

Phone Number

Time with previous auditors

Comment

TUFFIAS SANDBURG

 

15

 

 

 

Tax Information

 

Vat Number

4440103143

Status

ACTIVE

Vat Liable Date

1991/09/30

Tax Number

9392035847

Financial Year End

June

Black Economic Empowerment

Status

Yes

BEE Certificate Available

No

 

ISO Status

Type of ISO Grade

The products sold are ISO Certified

Workman's compensation

Registered

Yes

Compliance Certified

Yes

 

 

Company Structure

 

Subsidiaries Information - No Information on Record

 

Employees

Number of Employees

40

1. Salaried employees

40

2. Waged employees

0

3. Permanent employees

0

4. Casual employees

0

5. Contracted employees

0

Comment

A further breakdown was not made available.

Company Fleet

Company Fleet

No of vehicles:

Owned/Leased

Value

Outstanding Balance

Fleet Operations

 

 

 

 

The Fleet is made up of

5

Comment

The value of the vehicles were undisclosed

Light delivery Vehicles

5

Owned

 

 

Offices

 

Offices

Offices

Head Office Owned/ Rented

Owned

Rental Company

None

Owned by

Undisclosed

Lease Agreement

Annual

Lease Expire Date

None

Type of Premises

Administration offices

Comment

 

 

Branch Information

Branches Names

Country

Province

MEDICAL DISTRIBUTORS (PTY) LTD

South Africa

KWA-ZULU NATAL

MEDICAL DISTRIBUTORS (PTY) LTD

South Africa

CAPE TOWN

 

Branch Detail Information

Branches Owned/ Rented

Leased

Rental Company

Undisclosed

Owned by

Undisclosed

Bank

Undisclosed

Lease Agreement

Undisclosed

Lease Expire Date

None

Type of Premises

Office and warehouse

Branches Owned/ Rented

Leased

Rental Company

Undisclosed

Owned by

Undisclosed

Lease Agreement

Undisclosed

Lease Expire Date

Undisclosed

Type of Premises

Office and warehouse

 

 

Management Overview

 

Organisation Chart

Level

Position

Name

Comment

 

1

CHIEF FINANCIAL OFFICER

JENE PALMER

 

 

2

AAANAGING DIRECTOR

MSSHUPING

 

 

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

Nil

Possible Judgements

Nil

Civil Court

0

RDs

0

Comment

No Information on Record

 

Business Rescue

Date registered

Business rescue practitioner

Contact Information

Details

Comment

 

No information on file

No Information on Record

No Information on Record

No Information on Record

 

Default Listings

Date

Details

Comment

 

No information on file

No Information on Record

 

Notarial Bonds

Date

Details

Comment

 

No information on file

No Information on Record

Principals

Number of Principals

7

Average Age of Active Principals

51

Active Principals Principal - 1of 7 JENE PALMER

Surname

PALMER

First Name

JENE

Other Names

None

Marital Status

Married

ID Number

7103190055082

Verified ID Number

Yes

Current Age

42

Designation

CHIEF FINANCIAL OFFICER

Status

Active

Appointment Date

2012/02/14

Physical Address (at time of Appointment)

23 VOSLOO STREET, WINDSOR GLEN, RANDBURG, 1685

Postal Address

23 VOSLOO STREET, WINDSOR GLEN, RANDBURG, 1685

Current Tel Number

0112661743

Cell number

0829036752

Shareholding/Membership

0.0000

 

Adverse Information forJENE PALMER Principal Judgement

 

Number of Judgements

0

Principal Debt Review

Debt review

No Information on Record

Other

Default data

No Information on Record

 

Business Information forJENE PALMER

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SPESCOM LTD

1987/001083/06

In Business

26 Years

0

No

 

MEDICAL DISTRIBUTORS (PTY) LTD

M1957/001868/07

In Business

55 Years 9 Months

0

No

 

DISMED

PHARMACEUTICAL (PTY) LTD

M1998/004386/07

In Business

15 Years

0

No

 

PHAMBILI HOSPITAL PRODUCTS (PTY) LTD

M1998/011802/07

In Business

14 Years 9 Months

0

No

 

DISMED CRITICARE (PTY) LTD

M2001/027948/07

In Business

11 Years 4 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                25 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SPESCOM ELECTRONICS HOLDINGS (PTY)LTD

M1974/000483/07

In Business

38 Years 11 Months

0

No

 

SPESCOM MEASUREGRAPH (PTY) LTD

M1980/008294/07

Deregistration Final

32 Years 6 Months

0

No

 

GENERAL PRECISION MECHANICS (PTY)LTD

M1982/000338/07

Deregistration Final

31 Years 2 Months

0

No

 

SPESCOM SOFTWARE (PTY) LTD

M1983/005038/07

Deregistration Process

29 Years 10 Months

0

No

 

JASCO PROPERTIES (PTY) LTD

M1983/006298/07

In Business

29 Years 9 Months

0

No

 

CIT

TELECOMMUNICATION S (PTY)LTD

M1983/008746/07

Deregistration Process

29 Years 7 Months

0

No

 

JASCO NETWORKS (PTY) LTD

M1984/001197/07

In Business

29 Years 1 Months

0

No

 

WEBB AAASTS AND TOWERS (PTY)LTD

M1987/001082/07

In Business

26 Years

0

No

 

SPESCOM (PTY)LTD

M1987/001083/07

In Business

26 Years

0

No

 

WAVETEK WANDEL GOLTERMANN SA (PTY) LTD

M1987/001739/07

Deregistration Final

25 Years 11 Months

0

No

 

CHERCOR (PTY)LTD

M1988/000361/07

Deregistration Final

25 Years 2 Months

0

No

 

JASCO

TELECOMMUNICATION S (PTY)LTD

M1988/007268/07

In Business

24 Years 3 Months

0

No

 

WEBB INDUSTRIES (PTY) LTD

M1989/001233/07

In Business

24 Years

0

No

 

CONNECTION TECHNOLOGY (PTY) LTD

M1990/002139/07

Deregistration Final

22 Years 11 Months

0

No

 

SECURE SYSTEMS ENGINEERING (PTY) LTD

M1994/008993/07

Deregistration Final

18 Years 4 Months

0

No

 

JASCO ELECTRONICS INVESTMENTS (PTY) LTD

M1997/009107/07

In Business

15 Years 9 Months

0

No

 

NEWTELCO SOUTH AFRICA (PTY)LTD

M1998/018999/07

In Business

14 Years 6 Months

0

No

 

 

Principal's Deeds Information - No information on record


 

 

Principal - 2of 7 MUJEEB EBRAHIM

Surname

EBRAHIM

First Name

MUJEEB

Other Names

None

Marital Status

Single

ID Number

7608165150080

Verified ID Number

Yes

Current Age

37

Designation

BUSINESSMAN

Status

Active

Appointment Date

2012/02/14

Physical Address (at time of Appointment)

905 ATTIE STREET, CLAREMONT, 0082

Postal Address

P O BOX 13767, LAUDIUM, 0037

Current Tel Number

 

Cell number

 

Shareholding/Membership

0.0000

 

Adverse Information forMUJEEB EBRAHIM

 

Principal Judgement

 

Number of Judgements

0

Principal Debt Review

Debt review

No Information on Record

Other

Default data

No Information on Record

 

Business Information for  MUJEEB EBRAHIM

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

MJZM BEVERAGES CC

B2009/068254/23

In Business

3 Years 11 Months

0

No

 

MEDICAL DISTRIBUTORS (PTY) LTD

M1957/001868/07

In Business

55 Years 9 Months

0

No

 

DISMED

PHARMACEUTICAL (PTY) LTD

M1998/004386/07

In Business

15 Years

0

No

 

PHAMBILI HOSPITAL PRODUCTS (PTY) LTD

M1998/011802/07

In Business

14 Years 9 Months

0

No

 

DISMED TRAUMA (PTY) LTD

M2000/001104/07

In Business

13 Years 2 Months

0

No

 

DISMED CRITICARE (PTY) LTD

M2001/027948/07

In Business

11 Years 4 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

MJM BAKE FOODS CC

B2002/072761/23

In Business

10 Years 6 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

 

Principal - 3of 7 MOSIUOA SHUPING

 

Surname

SHUPING

First Name

MOSIUOA

Other Names

SHADRACK

Marital Status

Married

ID Number

5810205896084

Verified ID Number

Yes

Current Age

55

Designation

MANAGING DIRECTOR

Status

Active

Appointment Date

2007/11/22

Physical Address (at time of Appointment)

6012 BOSAELETSE STREET, ROCKLANDS, BLOEMFONTEIN, FREE STATE, 9301

Postal Address

6012 BOSAELETSE STREET, ROCKLANDS, BLOEMFONTEIN, FREE STATE, 9301

Current Tel Number

0123456713

Cell number

0834557319

Shareholding/Membership

0.0000

 

Adverse Information for MOSIUOA SHUPING

 

Principal Judgement

 

Number of Judgements

0

 

Principal Debt Review

Debt review

No Information on Record

 

Other

Default data

No Information on Record

 


Business Information for MOSIUOA SHUPING

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SUDORCOAL INVESTMENTS ALPHA (PTY)LTD

2003/005054/07

In Business

10 Years

0

No

 

BATHONG INVESTMENTS CC

B2000/067110/23

Conversion CO/CC or CC/CO

12 Years 4 Months

0

No

 

LE SHUPS TRADING ENTERPRISE CC

B2006/222749/23

Deregistration Process

6 Years 3 Months

0

No

 

LE SHUPS RESOURCES (PTY) LTD

K2012/036914/07

In Business

1 Years 1 Months

0

No

 

LESHUPS REVOCRATIC MANAGEMENT SOLUTIONS (PTY) LTD

K2012/045954/07

In Business

1 Years

0

No

 

LESHUPS HEALTH CARE SUPPORT SOLUTIONS (PTY) LTD

K2012/045956/07

In Business

1 Years

0

No

 

YA RONA ELECTRO BIOMEDICAL SOLUTIONS (PTY) LTD

K2012/062059/07

In Business

1 Years

0

No

 

CHANDASHUPS E-HEALTH SOLUTIONS (PTY) LTD

K2012/070446/07

In Business

11 Months

0

No

 

E-TECH HOME (PTY) LTD

K2012/126043/07

In Business

8 Months

0

No

 

IKANENG BAKERY (PTY) LTD

K2012/149958/07

In Business

7 Months

0

No

 

MEDICAL DISTRIBUTORS (PTY) LTD

M1957/001868/07

In Business

55 Years 9 Months

0

No

 

DISMED DIRECT (PTY) LTD

M1997/008390/07

Deregistration Process

15 Years 9 Months

0

No

 

DISMED

PHARMACEUTICAL (PTY) LTD

M1998/004386/07

In Business

15 Years

0

No

 

SUDORCOAL (PTY) LTD

M2003/010082/07

In Business

9 Years 10 Months

0

No

 

CARMELO INVESTMENTS 162 (PTY) LTD

M2006/027104/07

In Business

6 Years 7 Months

0

No

 

MEDTECS PHAMBILLI (PTY) LTD

M2007/002327/07

In Business

6 Years 2 Months

0

No

 

PHAMBILI HOSPITAL PRODUCTS EASTERN CAPE (PTY) LTD

M2007/033178/07

In Business

5 Years 4 Months

0

No

 

FIRST READY DEVELOPMENT 895

M2008/001418/08

In Business

5 Years 2 Months

0

No

 

DISMED DENTAL (PTY) LTD

M2008/014777/07

In Business

4 Years 9 Months

0

No

 

PHAMBILI HOSPITAL PRODUCTS LIMPOPO (PTY)LTD

M2009/007965/07

In Business

3 Years 11 Months

0

No

 

TOTAPROX (PTY) LTD

M2010/007969/07

In Business

2 Years 11 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                11 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PHAMBILI HOSPITAL PRODUCTS (PTY)LTD

M1998/011802/07

In Business

14 Years 9 Months

0

No

 

DISMED TRAUMA (PTY) LTD

M2000/001104/07

In Business

13 Years 2 Months

0

No

 

RAZZMATAZZ TRADING AND INVESTMENT 3 (PTY) LTD

M2005/019625/07

Deregistration Final

7 Years 9 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 4of 7 THERESA MOKGOKONG

 

Surname

MOKGOKONG

First Name

THERESA

Other Names

None

Marital Status

Married

ID Number

5705150897089

Verified ID Number

Yes

Current Age

56

Designation

BUSINESSWOMAN

Status

Active

Appointment Date

2005/06/01

Physical Address (at time of Appointment)

318 DERRICK STREET, WATERKLOOF RIDGE, PRETORIA, GAUTENG, 0181

Postal Address

P BAG X2001, MENLYN, 0063

Current Tel Number

0122110725

Cell number

0836796851

Shareholding/Membership

0.0000

 

Adverse Information for THERESA MOKGOKONG

 

Principal Judgement

 

Number of Judgements

1

 

Principal Debt Review

Debt review

No Information on Record

 

Other

Default data

No Information on Record

Business Information for THERESA MOKGOKONG

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

NAMANE FINANCIAL SERVICES (PTY)LTD

M2002/004952/07

In Business

11 Years

0

No

 

COMMUNITY HEALTHCARE PLAN (PTY) LTD

M2002/010403/07

Deregistration Process

10 Years 10 Months

0

No

 

CROSSROADS DISTRIBUTION HOLDINGS (PTY) LTD

M2002/015313/07

In Business

10 Years 9 Months

0

No

 

CROSSROADS DISTRIBUTION (PTY) LTD

M2003/014576/07

In Business

9 Years 9 Months

0

No

 

AIR LIQUIDE HEALTHCARE (PTY) LTD

M2003/015325/07

In Business

9 Years 8 Months

0

No

 

AFRICAN GATEWAY CONVENTION AND EXHIBITION PRECINCT (PTY) LTD

M2003/021065/07

In Business

9 Years 7 Months

0

No

 

COMMUNITY HOSPITAL GROUP INVESTMENTS (PTY) LTD

M2004/002014/07

In Business

9 Years 2 Months

0

No

 

ERCON ELECTRICAL AND EARTHING CONTRACTORS (PTY) LTD

M2004/010054/07

In Business

8 Years 11 Months

0

No

 

COMMUNITY INVESTMENT VENTURES HOLDINGS (PTY) LTD

M2004/010305/07

In Business

8 Years 11 Months

0

No

 

VETERAN COUNCIL

M2004/031723/08

In Business

8 Years 4 Months

0

No

 

LARIAAAR GROUP LTD

M2004/032972/06

In Business

8 Years 4 Months

0

No

 

SAFRI-LEC (PTY) LTD

M2004/035091 /07

In Business

8 Years 3 Months

0

No

 

VUKUZENZELA BASADI INVESTMENT HOLDINGS (PTY) LTD

M2005/004930/07

In Business

8 Years 1 Months

0

No

 

TEMO COAL MINING (PTY) LTD

M2005/005101/07

In Business

8 Years 1 Months

0

No

 

XHUMANI ZAND LA BAFAZI INVESTMENTS (PTY) LTD

M2005/005113/07

In Business

8 Years 1 Months

0

No

 

THE 1 FA LETHU FOUNDATION

M2005/016772/08

In Business

7 Years 10 Months

0

No

 

GOLDEN RIBBON TRADING 194 (PTY) LTD

M2005/022660/07

In Business

7 Years 9 Months

0

No

 

WEST DUNES PROPERTIES 264 (PTY) LTD

M2005/022885/07

In Business

7 Years 9 Months

0

No

 

NAMANE POWER AND ENERGY (PTY) LTD

M2005/023121/07

In Business

7 Years 9 Months

0

No

 

RHOLE

EXPLORATION AND MINING (PTY)LTD

M2005/026257/07

In Business

7 Years 8 Months

0

No

 

PARMTRO INVESTMENTS NO 76 (PTY)LTD

M2005/029541 /07

In Business

7 Years 7 Months

0

No

 

COMMUNITY INVESTMENT PHARMACEUTICALS (PTY) LTD

M2005/037154/07

In Business

7 Years 5 Months

0

No

 

THREE DIAMONDS TRADING 390 (PTY) LTD

M2005/037453/07

In Business

7 Years 5 Months

0

No

 

WHEATFIELDS INVESTMENTS NO 223 (PTY)LTD

M2005/039841/07

In Business

7 Years 4 Months

0

No

 

MCE ELECTRICAL (PTY) LTD

M2010/014090/07

In Business

2 Years 8 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

FARANANE CONTRACT INTERIORS CC

B1999/067931/23

Deregistration Final

13 Years 3 Months

0

No

 

S M L PROFESSIONAL CONSULTANTS CC

B2001/081203/23

Deregistration Final

11 Years 4 Months

0

No

 

WILD WIND INVESTMENTS 102 CC

B2005/001679/23

Deregistration Final

8 Years 2 Months

0

No

 

M-TECH ALLUMINIUM WIRE AND CONDUCTOR (PTY) LTD

M1999/007471/07

Deregistration Final

13 Years 11 Months

0

No

 

REGAL PROTEA HEALTH PRODUCTS LTD

M1999/017721/06

Dissolved

13 Years 7 Months

0

No

 

PREMIER LOSS CONTROL (PTY)LTD

M2000/000324/07

In Business

13 Years 2 Months

0

No

 

SABS HOLDINGS (PTY) LTD

M2000/017205/07

Deregistration Final

12 Years 8 Months

0

No

 

BOTMAC HOLDINGS (PTY) LTD

M2000/020729/07

Deregistration Final

12 Years 7 Months

0

No

 

SCANIX SIX (PTY)LTD

M2000/029528/07

Deregistration Final

12 Years 4 Months

0

No

 

SUPERBIA THREE (PTY) LTD

M2000/030294/07

Deregistration Final

12 Years 3 Months

0

No

 

GAUTENG MANUFACTURING ADVISORY CENTRE

M2001/000262/08

Deregistration Final

12 Years 2 Months

0

No

 

POLOKWANE PRIVATE CLINIC (PTY)LTD

M2001/006978/07

Deregistration Final

12 Years

0

No

 

BOTAGRIC HOLDINGS (PTY) LTD

M2001/013009/07

Deregistration Final

11 Years 9 Months

0

No

 

MAKGABA TECHNOLOGIES (PTY) LTD

M2001/021429/07

Deregistration Final

11 Years 6 Months

0

No

 

DISMED CRITICARE (PTY) LTD

M2001/027948/07

In Business

11 Years 4 Months

0

No

 

CZ ELECTRONICS MANUFACTURING (PTY) LTD

M2002/020763/07

In Business

10 Years 7 Months

0

No

 

DOMINION MINING INVESTMENTS (PTY) LTD

M2004/001114/07

In Business

9 Years 2 Months

0

No

 

VMED

ADMINISTRATORS (PTY) LTD

M2004/006809/07

In Business

9 Years

0

No

 

COMMUNITY INVESTMENT VENTURES (PTY)LTD

M2004/010361/07

In Business

8 Years 11 Months

0

No

 

GOLDEN FALLS MINING (PTY)LTD

M2004/013141/07

In Business

8 Years 10 Months

0

No

 

BAITHEKGI INVESTMENTS (PTY) LTD

M2004/015525/07

Deregistration Process

8 Years 9 Months

0

No

 

GAUTENG ENTERPRISE PROPELLER

M2004/031868/08

Deregistration Final

8 Years 5 Months

0

No

 

LEBLANC JASCO (PTY) LTD

M2005/002613/07

In Business

8 Years 2 Months

0

No

 

SONKE

PHARMACEUTICALS (PTY) LTD

M2005/011027/07

In Business

7 Years 11 Months

0

No

 

AFRI-NECTION (PTY) LTD

M2005/022046/07

Deregistration Final

7 Years 9 Months

0

No

 

Principal's Deeds Information - No information on record

 

Principal - 5of 7 MERIKA MADUNGANDABA

Surname

MADUNGANDABA

First Name

MERIKA

Other Names

None

Marital Status

Married

ID Number

5805165897080

Verified ID Number

Yes

Current Age

55

Designation

BUSINESSMAN

Status

Active

Appointment Date

2005/06/01

Physical Address (at time of Appointment)

C/O CHIMBORAA ST, LOT 392, 392 CHIMBORAA STREET, MOOIKLOOF, PRETORIA, GAUTENG, 0081

Postal Address

PO BOX 58490, KARENPARK, 0118

Current Tel Number

0123464295

Cell number

0823762174

Shareholding/Membership

0.0000

 

Adverse Information for MERIKA MADUNGANDABA

 

Principal Judgement

 

Number of Judgements

0

Principal Debt Review

Debt review

No Information on Record

Other

Default data

No Information on Record

 

Business Information for MERIKA MADUNGANDABA

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AAALESELA TECHNICAL SERVICES (PTY)LTD

M2001/010411/07

Deregistration Process

11 Years 10 Months

0

No

 

AAANUPONT 171 (PTY) LTD

M2001/011096/07

Deregistration Process

11 Years 10 Months

0

No

 

AAALESELA TRANSMISSION AND DISTRIBUTION HOLDINGS (PTY) LTD

M2001/023515/07

In Business

11 Years 5 Months

0

No

 

DISMED CRITICARE (PTY) LTD

M2001/027948/07

In Business

11 Years 4 Months

0

No

 

NAMANE FINANCIAL SERVICES (PTY)LTD

M2002/004952/07

In Business

11 Years

0

No

 

COMMUNITY HEALTHCARE PLAN (PTY) LTD

M2002/010403/07

Deregistration Process

10 Years 10 Months

0

No

 

CROSSROADS DISTRIBUTION HOLDINGS (PTY) LTD

M2002/015313/07

In Business

10 Years 9 Months

0

No

 

CROSSROADS DISTRIBUTION (PTY) LTD

M2003/014576/07

In Business

9 Years 9 Months

0

No

 

AIR LIQUIDE HEALTHCARE (PTY) LTD

M2003/015325/07

In Business

9 Years 8 Months

0

No

 

AFRICAN GATEWAY CONVENTION AND EXHIBITION PRECINCT (PTY) LTD

M2003/021065/07

In Business

9 Years 7 Months

0

No

 

DOMINION MINING INVESTMENTS (PTY) LTD

M2004/001114/07

In Business

9 Years 2 Months

0

No

 

COMMUNITY HOSPITAL GROUP INVESTMENTS (PTY) LTD

M2004/002014/07

In Business

9 Years 2 Months

0

No

 

ERCON ELECTRICAL AND EARTHING CONTRACTORS (PTY) LTD

M2004/010054/07

In Business

8 Years 11 Months

0

No

 

COMMUNITY INVESTMENT VENTURES HOLDINGS (PTY) LTD

M2004/010305/07

In Business

8 Years 11 Months

0

No

 

GOLDEN FALLS MINING (PTY)LTD

M2004/013141/07

In Business

8 Years 10 Months

0

No

 

GOLDEN POND TRADING 175 (PTY) LTD

M2004/021830/07

In Business

8 Years 7 Months

0

No

 

SAFRI-LEC (PTY) LTD

M2004/035091/07

In Business

8 Years 3 Months

0

No

 

TEMO COAL MINING (PTY) LTD

M2005/005101/07

In Business

8 Years 1 Months

0

No

 

SONKE

PHARMACEUTICALS (PTY) LTD

M2005/011027/07

In Business

7 Years 11 Months

0

No

 

WEST DUNES PROPERTIES 264 (PTY) LTD

M2005/022885/07

In Business

7 Years 9 Months

0

No

 

NAMANE POWER AND ENERGY (PTY) LTD

M2005/023121/07

In Business

7 Years 9 Months

0

No

 

RHOLE

EXPLORATION AND MINING (PTY)LTD

M2005/026257/07

In Business

7 Years 8 Months

0

No

 

COMMUNITY INVESTMENT PHARMACEUTICALS (PTY) LTD

M2005/037154/07

In Business

7 Years 5 Months

0

No

 

WHEATFIELDS INVESTMENTS NO 223 (PTY)LTD

M2005/039841/07

In Business

7 Years 4 Months

0

No

 

MCE ELECTRICAL (PTY) LTD

M2010/014090/07

In Business

2 Years 8 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                            12 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DUSTY MOON INVESTMENTS 55 (PTY) LTD

2004/022234/07

In Business

8 Years 7 Months

0

No

 

MALESELA INVESTMENTS NO 7 (PTY) LTD

M1997/016992/07

Deregistration Final

15 Years 5 Months

0

No

 

MALESELA INVESTMENTS NO 4 (PTY) LTD

M1997/017018/07

Deregistration Final

15 Years 5 Months

0

No

 

MALESELA INVESTMENTS NO 6 (PTY) LTD

M1997/017035/07

Deregistration Final

15 Years 5 Months

0

No

 

MALESELA INVESTMENTS NO 3 (PTY) LTD

M1997/017050/07

Deregistration Final

15 Years 5 Months

0

No

 

MALESELA INVESTMENTS NO 5 (PTY) LTD

M1997/019042/07

Deregistration Final

15 Years 4 Months

0

No

 

MALESELA INVESTMENTS NO 8 (PTY) LTD

M1997/019409/07

Deregistration Final

15 Years 4 Months

0

No

 

MALESELA INVESTMENTS NO 13 (PTY) LTD

M1998/006993/07

Deregistration Final

14 Years 11 Months

0

No

 

MALESELA INVESTMENTS NO 12 (PTY) LTD

M1998/007013/07

Deregistration Final

14 Years 11 Months

0

No

 

MALESELA HOLDINGS NO 2 (PTY)LTD

M1998/010801/07

Deregistration Final

14 Years 9 Months

0

No

 

PROTEA HEALTH CARE PRODUCTS (PTY)LTD

M1998/010994/07

Deregistration Final

14 Years 9 Months

0

No

 

MALESELA HOSPITAL GROUP (PTY)LTD

M1998/011713/07

Deregistration Final

14 Years 9 Months

0

No

 

ZALVEST FOUR (PTY) LTD

M1998/015888/07

Deregistration Final

14 Years 7 Months

0

No

 

VELVETSKY FIVE (PTY) LTD

M1998/016937/07

Deregistration Final

14 Years 7 Months

0

No

 

JASCO CARRIER SOLUTIONS (PTY)LTD

M2000/021545/07

In Business

12 Years 7 Months

0

No

 

SCANIX SIX (PTY)LTD

M2000/029528/07

Deregistration Final

12 Years 4 Months

0

No

 

MAKGABA TECHNOLOGIES (PTY) LTD

M2001/021429/07

Deregistration Final

11 Years 6 Months

0

No

 

FASTPULSE TRADING 329 (PTY)LTD

M2001/026808/07

Deregistration Final

11 Years 4 Months

0

No

 

CZ ELECTRONICS MANUFACTURING (PTY) LTD

M2002/020763/07

In Business

10 Years 7 Months

0

No

 

TOFO PUBLIC CELLULAR PAYPHONES (PTY) LTD

M2003/019076/07

Deregistration Final

9 Years 7 Months

0

No

 

EXPRESS MODEL TRADING 490 (PTY) LTD

M2003/021212/07

Deregistration Final

9 Years 7 Months

0

No

 

COMMUNITY INVESTMENT VENTURES (PTY)LTD

M2004/010361/07

In Business

8 Years 11 Months

0

No

 

EVENING STAR TRADING 160 (PTY) LTD

M2004/010392/07

Deregistration Final

8 Years 11 Months

0

No

 

LEBLANC JASCO (PTY) LTD

M2005/002613/07

In Business

8 Years 2 Months

0

No

 

ON DIGITAL MEDIA HOLDINGS (PTY)LTD

M2005/027032/07

Deregistration Final

7 Years 7 Months

0

No

 

 


Principal's Deeds Information - No information on record

 

Principal - 6of 7 NAMANE MAGAU

Surname

MAGAU

First Name

NAMANE

Other Names

None

Marital Status

Divorced

ID Number

5206090228089

Verified ID Number

Yes

Current Age

61

Designation

BUSINESSWOMAN

Status

Active

Appointment Date

2005/06/01

Physical Address (at time of Appointment)

10 JACK NICKLAUS DRIVE, PEACANWOOD ESTATE, R511 PROVINCIAL ROAD, BROEDERSTROOM, 0240

Postal Address

P O BOX 302, BROEDERSTROOM, 0240

Current Tel Number

0122440210

Cell number

0833094982

Shareholding/Membership

0.0000

 

Adverse Information for NAMANE MAGAU

 

Principal Judgement

 

Number of Judgements

0

 

Principal Debt Review

Debt review

No Information on Record

 

Other

Default data

No Information on Record

 

Business Information for NAMANE MAGAU

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

CEO

COMMUNICATIONS (PTY) LTD

2002/021646/07

In Business

10 Years 6 Months

0

No

 

CEO HOLDINGS (PTY) LTD

2005/009150/07

In Business

8 Years

0

No

 

CEO CLASS (PTY) LTD

2005/026279/07

In Business

7 Years 8 Months

0

No

 

IGWIJA GAMING GAUTENG (PTY) LTD

2006/007369/07

Deregistration Process

7 Years

0

No

 

THE WILLIAM MOFFETT DEVELOPMENT CC

B2005/123348/23

In Business

7 Years 6 Months

0

No

 

DRUID"S LUCK TRADING 15 CC

B2008/222210/23

In Business

4 Years 5 Months

0

No

 

MEDICAL DISTRIBUTORS (PTY) LTD

M1957/001868/07

In Business

55 Years 9 Months

0

No

 

AON SOUTH AFRICA (PTY)LTD

M1978/004501/07

In Business

34 Years 4 Months

0

No

 

AGILITY GLOBAL HEALTH SOLUTIONS -AFRICA (PTY)LTD

M1995/012897/07

In Business

17 Years 4 Months

0

No

 

CROWIE HOLDINGS (PTY) LTD

M2000/017625/07

In Business

12 Years 7 Months

0

No

 

NTP

RADIOISOTOPES (PTY) LTD

M2002/021880/07

In Business

10 Years 6 Months

0

No

 

TSELANE BASADI MANAGEMENT (PTY) LTD

M2003/013799/07

In Business

9 Years 9 Months

0

No

 

ENZA

CONSTRUCTION (PTY) LTD

M2004/002985/07

In Business

9 Years 1 Months

1

No

 

XHUMANI ZAND LA BAFAZI INVESTMENTS (PTY) LTD

M2005/005113/07

In Business

8 Years 1 Months

0

No

 

B AND D SOLUTIONS (PTY) LTD

M2005/007811/07

In Business

8 Years

0

No

 

BOLAND BASADI INVESTMENTS (PTY) LTD

M2005/022811/07

In Business

7 Years 9 Months

0

No

 

TSELANE BASADI CAPITAL (PTY)LTD

M2005/029756/07

In Business

7 Years 7 Months

0

No

 

MILLENNIUM

AFRICA

FOUNDATION

M2006/032437/08

In Business

6 Years 5 Months

0

No

 

TSELANE ENERGY (PTY) LTD

M2007/029148/07

Deregistration Process

5 Years 5 Months

0

No

 

RHEINMETALL MAN MILITARY VEHICLES RSA (PTY)LTD

M2008/019926/07

In Business

4 Years 7 Months

0

No

 

HAIN LIFESCIENCE SA (PTY)LTD

M2008/027211/07

In Business

4 Years 4 Months

0

No

 

KIDROCARE (PTY) LTD

M2010/018460/07

In Business

2 Years 6 Months

0

No

 

NEWSHELF 1151 (RF) (PTY)LTD

M2010/018779/07

In Business

2 Years 6 Months

0

No

 

NEWSHELF 1157 (RF) (PTY)LTD

M2010/018929/07

In Business

2 Years 6 Months

0

No

 

KGALALELO GROUP (PTY) LTD

M2011/009785/07

In Business

1 Years 10 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                19 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

NEOLOGY CC

B1999/063116/23

Conversion CO/CC orCC/CO

13 Years 4 Months

0

No

 

SANTAM LTD

M1918/001680/06

In Business

95 Years

2

No

 

SIMMER AND JACK MINES LTD

M1924/007778/06

In Business

89 Years

0

No

 

MURRAY AND ROBERTS HOLDINGS LTD

M1948/029826/06

In Business

64 Years 9 Months

0

No

 

THEBEINVESTMENT CORPORATION (PTY) LTD

M1992/001846/07

In Business

20 Years 11 Months

0

No

 

MERRILL LYNCH SOUTH AFRICA (PTY) LTD

M1995/001805/07

In Business

18 Years 1 Months

0

No

 

MOULDED MEDICAL SUPPLIES LTD

M1995/003771/06

Deregistration Final

17 Years 10 Months

0

No

 

CLASSCARE TECHNOLOGY LTD

M1998/011846/06

Deregistration Final

14 Years 9 Months

0

No

 

SOUTH AFRICAN

EXCELLENCE

FOUNDATION

M1998/015966/08

In Liquidation

14 Years 7 Months

0

Yes

 

CONTINUING EDUCATION AT UNIVERSITY OF PRETORIA (PTY)LTD

M1999/018455/07

In Business

13 Years 7 Months

0

No

 

SERA (PTY)LTD

M2000/012995/07

In Business

12 Years 9 Months

0

No

 

SOUTH AFRICAN BUSINESS COALITION ON HIV-AIDS

M2001/010299/08

In Business

11 Years 10 Months

0

No

 

AYANDA TECHNOLOGIES (PTY) LTD

M2001/015012/07

Deregistration Process

11 Years 8 Months

0

No

 

TSELANE HOLDINGS (PTY) LTD

M2001/018008/07

In Business

11 Years 7 Months

0

No

 

TSELANE INVESTMENTS (PTY) LTD

M2001/028100/07

In Business

11 Years 4 Months

0

No

 

FAST

COMMUNICATION SYSTEMS (PTY)LTD

M2002/011139/07

In Business

10 Years 10 Months

0

No

 

NO WIRE TECHNOLOGIES (PTY) LTD

M2002/013010/07

In Business

10 Years 9 Months

0

No

 

CONNECTNET BROADBAND WIRELESS (PTY) LTD

M2004/005721/07

In Business

9 Years

0

No

 

SOUTH AFRICAN

BUSINESSWOMANS

ASSOCIATION

M2004/014961/08

Deregistration Final

8 Years 9 Months

0

No

 

BAITHEKGI INVESTMENTS (PTY) LTD

M2004/015525/07

Deregistration Process

8 Years 9 Months

0

No

 

MONARA EMPOWERMENT RATING (PTY)LTD

M2005/009189/07

In Business

8 Years

0

No

 

360 CURRENCY (PTY) LTD

M2005/023204/07

Conversion CO/CC orCC/CO

7 Years 8 Months

0

No

 

THREE DIAMONDS TRADING 390 (PTY) LTD

M2005/037453/07

In Business

7 Years 5 Months

0

No

 

SADIBA EVENTS MANAGEMENT AND COMMUNICATIONS (PTY) LTD

M2006/016903/07

Deregistration Final

6 Years 9 Months

0

No

 

SADIBA TELECOMS (PTY) LTD

M2006/026388/07

Deregistration Final

6 Years 7 Months

0

No

 

 




 

Principal's Deeds Information - No information on record

 

Principal - 7of 7 JEREMIAH NKELI

Surname

NKELI

First Name

JEREMIAH

Other Names

None

Marital Status

Married

ID Number

5912165865081

Verified ID Number

Yes

Current Age

54

Designation

ATTORNEY

Status

Active

Appointment Date

2005/06/01

Physical Address (at time of Appointment)

35 BRENDON AVENUE, MORNINGSIDE MANOR, SANDTON, GAUTENG, 2196

Postal Address

P O BOX 7942, JOHANNESBURG, 2001

Current Tel Number

0118387240

Cell number

0832653609

Shareholding/Membership

0.0000

 

Adverse Information for JEREMIAH NKELI

 

Principal Judgement

 

Number of Judgements

0

 

Principal Debt Review

Debt review

No Information on Record

 

Other

Default data

No Information on Record

Business Information for JEREMIAH NKELI

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AFRICAN GATEWAY CONVENTION AND EXHIBITION SALES (PTY) LTD

2006/032435/07

In Business

6 Years 5 Months

0

No

 

TSHWANE INTERNATIONAL CONVENTION AND EXHIBITION CENTRE (PTY)LTD

2006/033422/07

In Business

6 Years 5 Months

0

No

 

ALIZAY PROPERTIES 5 (PTY) LTD

2008/006153/07

In Business

5 Years

0

No

 

BAGALE BAHALE PROJECTS (PTY) LTD

K2012/079597/07

In Business

10 Months

0

No

 

DISABILITY INVESTMENT (PTY) LTD

K2012/079601/07

In Business

10 Months

0

No

 

RUSTENBURG CONSORTIUM (PTY) LTD

K2012/079608/07

In Business

10 Months

0

No

 

TAU TRUST INSOLVENCY AND LIQUIDATION (PTY) LTD

K2012/148102/07

In Business

7 Months

0

No

 

CORNERSTONE JEWELLERS (PTY) LTD

K2012/182125/07

In Business

5 Months

0

No

 

NQ JEWELLERY DESIGN SERVICES (PTY) LTD

K2013/017890/07

In Business

1 Months

0

No

 

MEDICAL DISTRIBUTORS (PTY) LTD

M1957/001868/07

In Business

55 Years 9 Months

0

No

 

BAGALE INVESTMENT HOLDINGS (PTY) LTD

M2000/008801/07

In Business

12 Years 10 Months

0

No

 

VUSANIMADOLOBH A HOUSING COMPANY

M2001/025472/08

In Business

11 Years 5 Months

0

No

 

AFRICAN GATEWAY CONVENTION AND EXHIBITION PRECINCT (PTY) LTD

M2003/021065/07

In Business

9 Years 7 Months

0

No

 

NATIONAL ENVIRONMENTAL ACCESS PROGRAMME

M2005/008573/08

In Business

8 Years

0

No

 

 


Principal Previous Business Interests

 

Average Age of Previous Business                                8 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ILAHLA MINING (PTY) LTD

2004/023663/07

Deregistration Final

8 Years 7 Months

0

No

 

TSWELETSANG BATHO PELE BUSINESS ENTERPRISE CC

B2001/007425/23

Deregistration Final

12 Years 1 Months

0

No

 

MALEBO

CONSTRUCTIONS CC

B2006/059030/23

Deregistration Final

6 Years 11 Months

0

No

 

FAST MOVING CHEMICAL PRODUCTS (PTY) LTD

M1999/027474/07

Dissolved

13 Years 5 Months

0

No

 

JOHANNESBURG METROPOLITAN BUS SERVICES (PTY)LTD

M2000/004704/07

In Business

13 Years

0

No

 

LEOKOANE OIL INDUSTRIES (PTY)LTD

M2000/005951 /07

Deregistration Final

13 Years

0

No

 

VHANGANA ENERGY RESOURCES (PTY)LTD

M2000/027846/07

Deregistration Final

12 Years 4 Months

0

No

 

DISABILITY ICT HOLDINGS (PTY)LTD

M2001/015759/07

Deregistration Final

11 Years 8 Months

0

No

 

DISABILITY ICT PRACTITIONERS (PTY) LTD

M2001/018760/07

Deregistration Final

11 Years 7 Months

0

No

 

LONAKA

COMMUNICATIONS LTD

M2003/003702/06

Deregistration Final

10 Years 1 Months

0

No

 

MKHULU TRADING 5 (PTY) LTD

M2003/008912/07

Deregistration Final

9 Years 11 Months

0

No

 

BELL ENERGY (PTY) LTD

M2003/009313/07

In Business

9 Years 11 Months

0

No

 

ENDAI MEDICAL TRADERS (PTY)LTD

M2003/010954/07

Deregistration Final

9 Years 10 Months

0

No

 

ABANTU BETHU CONSORTIUM FOR SKILLS DEVELOPMENT AND PLACEMENT (PTY) LTD

M2004/003632/07

Deregistration Final

9 Years 1 Months

1

No

 

ARIMANJE INVESTMENTS (PTY) LTD

M2004/024133/07

Deregistration Final

8 Years 7 Months

0

No

 

MOTSHODI LOGISTICS (PTY) LTD

M2004/029406/07

Deregistration Final

8 Years 5 Months

0

No

 

USIBA

MANUFACTURING (PTY) LTD

M2004/033718/07

Deregistration Final

8 Years 4 Months

0

No

 

JERRY NKELI ATTORNEYS INC

M2004/035596/21

In Business

8 Years 3 Months

0

No

 

TURQUOISE MOON TRADING 250 (PTY) LTD

M2005/009595/07

Deregistration Final

7 Years 11 Months

0

No

 

TURQUOISE MOON TRADING 234 (PTY) LTD

M2005/010235/07

Deregistration Final

7 Years 11 Months

0

No

 

MAJESTIC SILVER TRADING 102 (PTY) LTD

M2005/010256/07

Deregistration Final

7 Years 11 Months

0

No

 

LEHAKOE ENGINEERING PROJECTS(PTY) LTD

M2005/010402/07

Deregistration Final

7 Years 11 Months

0

No

 

TURQUOISE MOON TRADING 254 (PTY) LTD

M2005/010477/07

Deregistration Final

7 Years 11 Months

0

No

 

ARC CLEANING SERVICES (PTY)LTD

M2006/027823/07

Deregistration Final

6 Years 6 Months

0

No

 

SICALA- UMSEBENZI PROPERTY

INVESTMENT (PTY)LTD

M2006/037983/07

Deregistration Final

6 Years 3 Months

0

No

 

Principal's Deeds Information - No information on record

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.44

UK Pound

1

Rs.81.33

Euro

1

Rs.70.50

 

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.