MIRA INFORM REPORT

 

 

Report Date :

21.03.2013

 

IDENTIFICATION DETAILS

 

Name :

BLUE STRATA TRADING (PTY)LTD

 

 

Registered Office :

66 Wierda Road West, Wierda Valley, Sandton, 2196

 

 

Country :

South Africa

 

 

Date of Incorporation :

05.09.2000

 

 

Com. Reg. No.:

M2000/022631/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Managing logistics, Forex purchases, supplier payments and reconciling cost of sales for businesses and individuals

 

 

No. of Employees :

115

 

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 :

Usually Correct 

 

 

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 Unemployment remains high and outdated infrastructure has constrained growth.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

BLUE STRATA TRADING (PTY)LTD

 

 

Country

South Africa

 

 

Subject Contact Person

LANCER RABBIE - Financial Manager

 

 

Assessment

This is a well-established business.

 

On the investigation contact was made with the Financial Manager LANCER RABBIE who assisted with the information on the subject.

 

The subject deals on a COD basis with suppliers, as a result the subject does not have many local suppliers.

 

Financials and Banking information are deemed confidential. Please see the available information on the subject below.

 

 

 

Company information

 

Registered Name

BLUE STRATA TRADING (PTY)LTD

Trading as/ Division Name

NONE

Previous Name

NONE

Date of Name Change

Jan 19 2001 12:00AM

Registration Number

M2000/022631/07

Registration Date

2000/09/05

Date Commenced Trading

2000-09-05

Age of Business

12 Years 6 Months

History of Business

The subject was established as a new business in 2000 and operations commenced immediately.

History of Principals

The are 4 active directors within the business.

Shareholders/Members/Partners of subject and % holding

55 % - FREIGHTS INVESTEC BANK LTD, 20 % - ROMAIN ORLIN, 25 % - ADAM ORLIN

Authorised Share Capital

R1000.00

Issued Share Capital/Members Contribution

R 100.00

Status

In Business

Operations Assessment

Managing logistics, Forex purchases, supplier payments and reconciling cost of sales for businesses and individuals. Local supplier of imported products.

Industry/ Customers

The public and Private sector

Import

Yes

Import Countries

China, India

Major Industry Code / SICC

72111

Definition of Code

Coastal shipping

Head Office Physical Address

66 WIERDA ROAD WEST, WIERDA VALLEY, SANDTON, 2196

Head Office Postal Address

PRIVATE BAG X10046, SANDTON, 2146

Current Tel Number

0112455600

Current Email Address

lancer@bluestrata,co.za  

Web Site Address

www.bluestrata.co.za  - Group website

Comments

The subject is no longer using the postal address provided : P O BOX 342 STRATHAVON 2455.

 

 

Auditors information

 

Company Registered Name

PKF  JHB INC

Trading Name

NONE

Registration Number

M2000/026635/21

Physical Address

42 Wierda Road West, Wierda Valley, 2196

Postal Address

SUITE 4, 5 FRICKER ROAD, ILLOVO BOULEVARD, Gauteng, 2196

Contact Person

MICHELLE DEKAMA

Contact Number

0113848000

Email

info.jhb@pkf.co.za

Principals

13

Judgements Against Subject

NONE

Judgements Against Principals

NONE

Subject Verified as Client

Yes

Practice Number

906395E

VAT Number

Unavailable

Tax Number

9334128148

BEE Status

Level 6

Financial Year End

February

No of years in Business

3

Website

www.pkf.co.za

 

Previous Auditors

Company Name

Phone Number

Time with previous auditors

Comment

DOUGLAS DIX -PEEK AND COMPANY

 

Unknown

 

JH SMILG AND COMPANY

 

Unknown

 

M JOSELOWSKY AND COMPANY

 

Unknown

 

 

 

Tax information

 

Vat Number

4490191774

Status

ACTIVE

Vat Liable Date

2000/12/01

Tax Number

9491119146

Financial Year End

February

 

 

Black Economic Empowerment

Status

Yes

Score

7.00

Expire Date

 

BEE Certificate Available

No

 

ISO Information - No Information on Record

Workman's compensation

Registered

Yes

Compliance Certified

Yes

 

 

Company Structure

 

Subsidiaries Information - No Information on Record

 

Employees

Number of Employees

115

1. Salaried employees

115

2. Waged employees

 

3. Permanent employees

115

4. Casual employees

 

5. Contracted employees

 

Comment

 

Company Fleet

Company Fleet

No of vehicles:

Owned/Leased

Value

Outstanding Balance

Fleet Operations

 

 

 

 

The Fleet is made up of

2

Comment

 

Light delivery Vehicles

2

Owned

 

 

 

 

Offices

 

Offices

Offices

Head Office Owned/ Rented

Leased

Rental Company

INVESTEC

Lease Agreement

7 YEARS

Type of Premises

OFFICES

 

Branch Information - No Information on Record

 

 

 

Management Overview

 

Organisation Chart

Level

Position

Name

Comment

 

1

DIRECTOR

SAM HACKNER

 

 

1

DIRECTOR

ANTONY MELTZER

 

 

1

DIRECTOR

ROMAIN ORLIN

 

 

1

DIRECTOR

ADAM ORLIN

 

 

Company Structure (Ownership)

 

Note: One level up and all levels down

 

Holding

Company

Sub

Comment

25 % - ADAM ORLIN

BLUE STRATA TRADING (PTY) LTD

 

 

20 % - ROMAIN ORLIN

BLUE STRATA TRADING (PTY) LTD

 

 

55 % - FREIGHT INVESTEC BANK LTD

BLUE STRATA TRADING (PTY) LTD

 

 

 

Key Deals - No Information on Record

 

 

Trade References

 

Trade Reference nr

Supplier

Contact

Surety Value

Notarial Bonds

Comment

1

UTI

0115249416

 

 

 

 

Trade References Detail

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

2000

R0.00

R0

30 DAYS

R0

0

COD ACCOUNT-VERY GOOD

 


Adverse Information on Subject

 

Judgements - No information on record

 

Business Rescue - No Information on Record

 

Default Listing - No information on record

 

Notarial Bonds - No information on record

 

 

Bank information

 

Bank

STANDARD BANK

Branch

SANDTON

Brach Code

051001

Bank Account Number

 

Type of Account

CURRENT

Account Name

BLUE STRATA TRADING (PTY) LTD

Overdraft Facilities

NO

 

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

4

Average Age of Active Principals

52

Active Principals Principal - 1of 4 SAM HACKNER

Surname

HACKNER

First Name

SAM

ID Number

5508205162008

Verified ID Number

Yes

Current Age

58

Designation

BANKER

Status

Active

Appointment Date

2010/04/01

Physical Address (at time of Appointment)

83 PROTEA AVENUE, SANDTON, 2196

Postal Address

PO BOX 75700, SANDTON, 2146

Current Tel Number

0112869298

Cell number

0726281845

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for SAM HACKNER

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

STAND 43 PECANWOOD CC

B1998/051620/23

In Business

14 Years 6 Months

0

No

 

INVESTEC PROPERTY LTD

M1947/025753/06

In Business

65 Years 9 Months

0

No

 

INVESTEC TRUST (PTY) LTD

M1973/013029/07

In Business

39 Years 5 Months

0

No

 

1 KUPER AND COMPANY (SALES) (PTY) LTD

M1973/014796/07

Deregistration Process

39 Years 3 Months

0

No

 

INVESTEC INSURANCE BROKERS (PTY)LTD

M1990/002058/07

In Business

22 Years 11 Months

0

No

 

INVESTEC PROPERTY GROUP HOLDINGS LTD

M1990/002507/06

In Business

22 Years 10 Months

0

No

 

CENACLE PROPERTIES (PTY) LTD

M1995/004268/07

In Business

17 Years 10 Months

0

No

 

SOUTHERN AFRICA PGA TOUR

M1997/001761/08

In Business

16 Years 1 Months

0

No

 

SECUPAR PROPERTIES (PTY) LTD

M1997/004787/07

In Business

15 Years 11 Months

0

No

 

DAYRUSH PROPERTIES (PTY) LTD

M1997/004953/07

Conversion CO/CC or CC/CO

15 Years 11 Months

0

No

 

ANTHRUPROP (RF) (PTY) LTD

M1997/011311/07

In Business

15 Years 8 Months

0

No

 

83 PROTEA PROPERTIES (PTY) LTD

M1997/018243/07

In Business

15 Years 5 Months

0

No

 

INVESTEC PROPERTY INVESTMENTS (PTY) LTD

M1997/021534/07

In Business

15 Years 3 Months

0

No

 

GRAYSTON PROP NUMBER 002 (PTY) LTD

M1998/014900/07

In Business

14 Years 8 Months

0

No

 

GRAYSTON PROP NUMBER 005 (PTY) LTD

M1998/015181/07

In Business

14 Years 7 Months

0

No

 

NOTAE RESORTS (PTY) LTD

M1999/007944/07

In Business

13 Years 11 Months

0

No

 

TRESSO TRADING 119 (PTY)LTD

M2000/017277/07

In Business

12 Years 8 Months

0

No

 

BLUE STRATA TRADING (PTY)LTD

M2000/022631/07

In Business

12 Years 6 Months

0

No

 

COPPERLEAF COUNTRY ESTATE (PTY) LTD

M2002/015673/07

In Business

10 Years 8 Months

0

No

 

RIVERPORT TRADING 143 (PTY) LTD

M2003/016391/07

In Business

9 Years 8 Months

0

No

 

KUPER-LEGH PROPERTY SALES (PTY) LTD

M2003/031003/07

In Business

9 Years 3 Months

0

No

 

PROTEA HOSPITALITY HOLDINGS (PTY) LTD

M2007/016209/07

In Business

5 Years 9 Months

0

No

 

SUBPAR LEASING (PTY) LTD

M2007/032926/07

In Business

5 Years 4 Months

0

No

 

MILLVALE PROPERTY OWNERS ASSOCIATION

M2008/009498/08

In Business

4 Years 11 Months

0

No

 

INVESTEC PROPERTY FUND LTD

M2008/011366/06

In Business

4 Years 10 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

BRADLEY'S GRILL CC

B1989/020277/23

Deregistration Final

23 Years 9 Months

0

No

 

NORWICH LIFE SOUTH AFRICA LTD

M1987/003755/06

Dissolved

25 Years 7 Months

0

No

 

DENMAREE PROPERTIES SHARE BLOCK (PTY)LTD

M1997/010432/07

Deregistration Final

15 Years 8 Months

0

No

 

VESQUE LTD

M1997/020333/06

Deregistration Final

15 Years 4 Months

0

No

 

METBOARD PROPERTIES LTD

M1998/005425/06

In Business

15 Years

2

No

 

ITALITE INVESTMENTS (PTY) LTD

M1999/010730/07

In Business

13 Years 10 Months

0

No

 

ERF 764 BUILDING INVESTMENT (PTY)LTD

M1999/010817/07

In Business

13 Years 10 Months

0

No

 

OMBUDSMAN FOR BANKING SERVICES

M2000/002577/08

In Business

13 Years 1 Months

0

No

 

HENTIQ2395 (PTY) LTD

M2000/006284/07

Deregistration Final

13 Years

0

No

 

ZENBU (PTY)LTD

M2000/015919/07

Deregistration Final

12 Years 8 Months

0

No

 

THE MEAT COMPANY (MONTECASINO) (PTY) LTD

M2000/015933/07

In Business

12 Years 8 Months

0

No

 

IPTCO 0004 (PTY)LTD

M2000/021242/07

Deregistration Final

12 Years 7 Months

0

No

 

NEW HEIGHTS 344 (PTY) LTD

M2000/023109/07

In Business

12 Years 6 Months

0

No

 

SKILLFULL 82 (PTY) LTD

M2001/004336/07

In Business

12 Years 1 Months

0

No

 

CHANGING TIDES 5 (PTY) LTD

M2001/009248/07

In Business

11 Years 11 Months

0

No

 

TRESSO TRADING 337 (PTY) LTD

M2001/013460/07

Voluntary Liquidation

11 Years 9 Months

0

Yes

 

PARAPROP ASSET MANAGERS (PTY)LTD

M2001/022830/07

Deregistration Final

11 Years 6 Months

0

No

 

THE MEAT COMPANY (RIVONIA) (PTY)LTD

M2001/028537/07

In Business

11 Years 4 Months

0

No

 

THE MEAT COMPANY (MELROSE ARCH) (PTY) LTD

M2001/028556/07

In Business

11 Years 4 Months

0

No

 

SNAILSSNOW PROPERTIES 15 (PTY) LTD

M2002/004880/07

Deregistration Process

11 Years

0

No

 

BASFOUR 2776 (PTY) LTD

M2003/002892/07

Dissolved

10 Years 1 Months

0

No

 

INVESTEC INSURANCE OPERATIONS (PTY)LTD

M2003/015567/07

Deregistration Process

9 Years 9 Months

0

No

 

RSG DISTRIBUTORS (PTY) LTD

M2005/017654/07

Deregistration Final

7 Years 10 Months

0

No

 

JORDEV ELECTRONICS (PTY) LTD

M2005/040202/07

Deregistration Final

7 Years 4 Months

0

No

 

FLUXRAB

INVESTMENTS NO 155 (PTY) LTD

M2005/044528/07

Deregistration Final

7 Years 3 Months

0

No

 

Principal's Deeds Information - No information on record

 

Principal - 2of 4 ANTONY MELTZER

 

Surname

MELTZER

First Name

ANTONY

ID Number

7306265086086

Verified ID Number

Yes

Current Age

40

Designation

ACCOUNTANT

Status

Active

Appointment Date

2010/03/01

Physical Address (at time of Appointment)

UNIT 2, 51 KNOX STREET, WAVERLEY, 2090

Postal Address

PO BOX 342, STRATHAVON, 2031

Current Tel Number

0112455600

Cell number

0825659289

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for ANTONY MELTZER

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BLUE STRATA TRADING (PTY)LTD

M2000/022631/07

In Business

12 Years 6 Months

0

No

 

DREAAASCHEME 59

M2003/013905/08

In Business

9 Years 9 Months

0

No

 

MOTION CAPITAL (PTY) LTD

M2004/034793/07

In Business

8 Years 3 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                    16 Years

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

NEWTOWN CHICKEN WHOLESALERS CC

B1989/031819/23

In Liquidation

23 Years 6 Months

0

Yes

 

AFRICAN CONTRACTORS FINANCE CORPORATION (PTY) LTD

M1997/017776/07

In Business

15 Years 5 Months

0

No

 

DEDELA SECURITIES (PTY) LTD

M2000/007068/07

In Business

12 Years 11 Months

0

No

 

 

Principal's Deeds Information - No information on record

 

Principal - 3of 4 ROMAIN ORLIN

 

Surname

ORLIN

First Name

ROMAIN

ID Number

4111125050006

Verified ID Number

Yes

Current Age

72

Designation

MERCHANT

Status

Active

Appointment Date

2005/09/07

Physical Address (at time of Appointment)

19 SHENGANI ROAD, EMMARENTIA, 2029

Postal Address

P 0 BOX 85034, EMMARENTIA, EMMARENTIA, 2029

Current Tel Number

0112455600

Cell number

0827708881

Shareholding/Membership

20%

 

Principal's Adverse - No information on record

 


Business Information for ROMAIN ORLIN

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

3107 KANONKOP CC

B1985/004470/23

In Business

27 Years 11 Months

0

No

 

SOUTH AFRICAN ALPHA

DISTRIBUTORS CC

B2010/044182/23

In Business

2 Years 11 Months

0

No

 

FORGE GROUP (PTY) LTD

K2011/114736/07

In Business

1 Years 6 Months

0

No

 

REX TRUEFORM CLOTHING COMPANY LTD

M1937/009839/06

In Business

75 Years 9 Months

0

No

 

AFRICAN AND OVERSEAS ENTERPRISES LTD

M1947/027461/06

In Business

65 Years 4 Months

0

No

 

NIGEL

SUPERMARKET PROPERTIES (PTY) LTD

M1966/011784/07

In Business

46 Years 3 Months

0

No

 

SANDHURST ESTATE HOMEOWNERS ASSOCIATION

M1991/006346/08

In Business

21 Years 4 Months

0

No

 

GOOSE VALLEY GREEN PROPERTY (PTY) LTD

M2000/007015/07

In Business

12 Years 11 Months

0

No

 

BLUE STRATA TRADING (PTY)LTD

M2000/022631/07

In Business

12 Years 6 Months

0

No

 

QUEENSPARK (PTY) LTD

M2001/022975/07

In Business

11 Years 6 Months

0

No

 

WEMBLEY APPAREL (PTY) LTD

M2004/005990/07

In Business

9 Years

0

No

 

 


Principal Previous Business Interests

 

Average Age of Previous Business                                            42 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

3106 KANONKOP CC

B1985/004454/23

Deregistration Final

27 Years 11 Months

0

No

 

L A GROUP LTD

M1936/008786/06

In Business

76 Years 4 Months

0

No

 

SKYE DISTRIBUTION (PTY) LTD

M1955/002635/07

In Business

57 Years 6 Months

0

No

 

KANDINSKY FASHIONWEAR (PTY) LTD

M1961/000443/07

Deregistration Final

52 Years 1 Months

0

No

 

CONVERSE SOUTH AFRICA (PTY)LTD

M1962/000341/07

In Business

51 Years 1 Months

0

No

 

SKYE WORKWEAR (PTY) LTD

M1967/008101/07

Deregistration Final

45 Years 8 Months

0

No

 

CANARY ISLAND CLOTHING (PTY)LTD

M1967/008898/07

Deregistration Final

45 Years 7 Months

0

No

 

CUTRITE APPAREL (PTY) LTD

M1967/011825/07

Deregistration Final

45 Years 4 Months

0

No

 

SAJA LEVIN HOLDINGS (PTY) LTD

M1969/005505/07

Deregistration Final

43 Years 11 Months

0

No

 

ORLEG VERSPREIDERS (PTY) LTD

M1969/011088/07

Deregistration Final

43 Years 8 Months

0

No

 

MANHATTAN (PTY)LTD

M1970/006535/07

Deregistration Final

42 Years 10 Months

0

No

 

KAYS MAIL ORDER HOUSE (PTY)LTD

M1972/014342/07

Deregistration Final

40 Years 3 Months

0

No

 

RUWALOW (PTY)LTD

M1973/008259/07

Deregistration Final

39 Years 8 Months

0

No

 

MORRIS ORLIN FAMILY HOLDINGS (PTY)LTD

M1976/001689/07

Deregistration Final

36 Years 10 Months

0

No

 

SKYE PROPERTIES (PTY) LTD

M1983/007143/07

Deregistration Final

29 Years 8 Months

0

No

 

OBAK (PTY)LTD

M1983/012235/07

Deregistration Final

29 Years 4 Months

0

No

 

SKYE FOOTWEAR (PTY) LTD

M1984/008886/07

In Business

28 Years 6 Months

0

No

 

Principal's Deeds Information - No information on record

 

Principal - 4of 4 ADAM ORLIN

 

Surname

ORLIN

First Name

ADAM

ID Number

7207155022084

Verified ID Number

Yes

Current Age

41

Designation

BUSINESSMAN

Status

Active

Appointment Date

2000/11/10

Physical Address (at time of Appointment)

29 SANDOWN PALMS, 107 WEST STREET, SANDOWN, 2146

Postal Address

SANDHURST OFFICE PARK, 2ND FLOOR BLOCK C, 2ND FLOOR BLOCK C, KATHERINE AND RIVONIA ROADS, 2146

Current Tel Number

0112455605

Cell number

0829067000

Shareholding/Membership

25 %

 

Principal's Adverse - No information on record

 

Business Information for ADAM ORLIN

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

FORGE GROUP (PTY) LTD

K2011/114736/07

In Business

1 Years 6 Months

0

No

 

MORRIS ORLIN OUTFITTERS (PTY) LTD

M1959/003799/07

In Business

53 Years 5 Months

0

No

 

1 KUPER AND COMPANY (SALES) (PTY) LTD

M1973/014796/07

Deregistration Process

39 Years 3 Months

0

No

 

GOOSE VALLEY GREEN PROPERTY (PTY) LTD

M2000/007015/07

In Business

12 Years 11 Months

0

No

 

BLUE STRATA TRADING (PTY)LTD

M2000/022631/07

In Business

12 Years 6 Months

0

No

 

BLUE DIGITAL CONNECT (PTY) LTD

M2004/000893/07

In Business

9 Years 2 Months

0

No

 

MOTION CAPITAL (PTY) LTD

M2004/034793/07

In Business

8 Years 3 Months

0

No

 

6 BAR SYSTEMS (PTY) LTD

M2006/021273/07

In Business

6 Years 8 Months

0

No

 

IMBANI FINANCE (PTY) LTD

M2009/002580/07

In Business

4 Years 1 Months

0

No

 

BROOKTHYME INVESTMENTS (PTY) LTD

M2009/020547/07

In Business

3 Years 5 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

KUPLIN INVESTMENTS CC

B1998/033327/23

Deregistration Final

14 Years 9 Months

0

No

 

MIDDLEGROUND TRADING 200 CC

B2002/060349/23

Deregistration Final

10 Years 8 Months

0

No

 

CANTARELLI INTERNATIONAL CC

B2008/226778/23

In Business

4 Years 5 Months

0

No

 

SYNAQ (PTY)LTD

M1966/005897/07

In Business

46 Years 8 Months

0

No

 

INNOVATION PLUS (PTY) LTD

M1997/012533/07

In Business

15 Years 8 Months

0

No

 

DESKS FOR ALL (PTY) LTD

M2000/010797/07

Deregistration Final

12 Years 9 Months

0

No

 

REKUP LEASING (PTY) LTD

M2000/031841/07

Deregistration Final

12 Years 3 Months

0

No

 

KUPER-LEGH PROPERTY MANAGEMENT (PTY) LTD

M2002/003969/07

In Business

11 Years 1 Months

0

No

 

KUPER-LEGH PROPERTY GROUP (PTY) LTD

M2002/004344/07

In Business

11 Years 1 Months

0

No

 

DUNROSE INVESTMENTS 239 (PTY) LTD

M2004/005733/07

Deregistration Final

9 Years

0

No

 

WEMBLEY APPAREL (PTY) LTD

M2004/005990/07

In Business

9 Years

0

No

 

IMBANI FINANCE 2 (PTY) LTD

M2009/007332/07

In Business

3 Years 11 Months

0

No

 

Principal's Deeds Information - No information on record

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.38

UK Pound

1

Rs.82.07

Euro

1

Rs.70.37

 

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.