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MIRA
INFORM REPORT
|
Report Date : |
24.05.2013 |
IDENTIFICATION DETAILS
|
Name : |
BARTLETT AND DUNSTER (PTY) LTD |
|
|
|
|
Registered Office : |
38 Umbilo Road, Umbilo, Durban, 4001 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
05.07.1965 |
|
|
|
|
Com. Reg. No.: |
M1965/005715/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Wholesaler of fabrics |
|
|
|
|
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 |
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|
|
|
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 |
BARTLETT AND DUNSTER (PTY)LTD |
|
Country |
South Africa |
|
Subject Contact Person |
COLIN PUTERAAAN - Director |
|
Assessment |
This is an established business. On investigation contact was made with the Director MR. COLIN PUTERMAN who declined to assist with any information on the subject. MR PUTERMAN requested to know the name of the principal enquirer before he may reveal any information. Please see the available information for the subject below. |
Company information
|
Registered Name |
BARTLETT AND DUNSTER (PTY)LTD |
|
Trading as/ Division Name |
BARTLETT AND DUNSTER |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
M1965/005715/07 |
|
Registration Date |
1965/07/05 |
|
Date Commenced Trading |
1965-07-05 |
|
Age of Business |
47 Years 4 Months |
|
History of Business |
The business started as a new business in 1965 and operations commenced immediately. |
|
History of Principals |
There are 5 active directors within the business. |
|
Shareholders/Members/Partners of subject and % holding |
Unavailable |
|
Authorised Share Capital |
R0.00 |
|
Issued Share Capital/Members Contribution |
R0.00 |
|
Status |
In Business |
|
Operations Assessment |
Wholesale of fabrics |
|
Industry/ Customers |
Clothing companies and clothing manufacturers |
|
Export |
Yes |
|
Major Industry Code / SICC |
61310 |
|
Definition of Code |
Wholesale trade in textiles, clothing and footwear |
|
Head Office Physical Address |
38 Umbilo Road, UMBILO, DURBAN, 4001 |
|
Head Office Postal Address |
P O BOX 1858, DURBAN, 4000 |
|
Current Tel Number |
0313054944 |
|
Current Fax Number |
0313063935 |
|
Current Email Address |
Auditors information
|
Company Registered Name |
PKF DURBAN |
|
Trading Name |
PKF |
|
Registration Number |
M2000/016512/21 |
|
Physical Address |
2nd Floor, 12 On Palm Boulevard, Gateway, DURBAN, 4000 |
|
Postal Address |
P O BOX 1858, DURBAN, 4000 |
|
Contact Number |
0315735000 |
|
Principals |
10 |
|
Judgements Against Subject |
None On Record |
|
Judgements Against Principals |
None On Record |
|
Subject Verified as Client |
Yes |
|
Practice Number |
906352E |
|
VAT Number |
4100191016 |
|
Tax Number |
9680033140 |
|
BEE Status |
Level 4 |
|
Financial Year End |
February |
|
Website |
Previous Auditors
|
Company Name |
Phone Number |
Time with previous auditors |
Comment |
|
MOORES ROWOLAND |
|
17 |
|
|
MOZARS MOORES ROWLAND |
|
5 |
|
Tax information
|
Vat Number |
4290113754 |
|
Status |
ACTIVE |
|
Vat Liable Date |
1991/09/30 |
|
Tax Number |
9017051203 |
|
Financial Year End |
February |
Black Economic Empowerment Information - No Information on Record
ISO Information - No Information on Record
Workman's compensation
|
Registered |
Yes |
|
Compliance Certified |
Yes |
Company Structure
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
Management Overview
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
Adverse Information on Subject
Business Rescue - 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
Principals
|
Number of Principals |
5 |
|
Average Age of Active Principals |
41 |
Active Principals
Principal - 1of 5 ALLAN S PUTERMAN
|
Surname |
PUTERMAN |
|
First Name |
ALLAN S |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
6210135032083 |
|
Verified ID Number |
Yes |
|
Current Age |
50 |
|
Designation |
MEDICAL PRACTITIONER |
|
Status |
Active |
|
Appointment Date |
1995/03/16 |
|
Physical Address (at time of Appointment) |
39 LONG STREET, CONSTANTIA, 7800 |
|
Postal Address |
SYRINGA HOUSE, KINGSBURY HOSPITAL, CLAREMONT, 7708 |
|
Current Tel Number |
0216834454 |
|
Cell number |
0836583060 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse -
No information on record
Business Information
for ALLAN S PUTERMAN
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
DR ALLAN S PUTERMAN |
6210135032083 |
|
Unknown |
0 |
No |
|
|
CAPE ALLERGY AND
ASTHMA CLINIC CC |
B1996/009784/23 |
In Business |
16 Years 4 Months |
0 |
No |
|
|
BARTLETT AND DUNSTER (PTY)LTD |
M1965/005715/07 |
In Business |
47 Years 11 Months |
0 |
No |
|
|
PAEDIATRICIAN MANAGEMENT GROUP LTD |
M1997/003057/06 |
In Business |
15 Years 3 Months |
0 |
No |
|
|
MELIC CONSTRUCTION (PTY) LTD |
M1999/010267/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
STYLEPROPS 22 (PTY) LTD |
M2000/007184/07 |
In Business |
0 |
0 |
No |
|
Principal Previous
Business Interests
Average Age of
Previous Business 15
Years
|
Company
Name |
Registration
No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
VANBELL CC |
B1987/019928/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
|
PUTERMAN PROPERTIES CC |
B1987/021843/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
|
MASHAM PROPERTIES CC |
B1995/047557/23 |
Deregistration Final |
17 Years 5 Months |
0 |
No |
|
|
KRV TRADING CC |
B2007/102962/23 |
In Business |
5 Years 5 Months |
0 |
No |
|
|
BUXTON WELL BABY AND VACCINE CLINIC CC |
B2007/245743/23 |
Deregistration Final |
5 Years 5 Months |
0 |
No |
|
Principal's Deeds Information - No information on record
Principal - 2of 5
COLIN PUTERMAN
|
Surname |
PUTERMAN |
|
First Name |
COLIN |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
6701085041009 |
|
Verified ID Number |
Yes |
|
Current Age |
45 |
|
Designation |
MANAGER |
|
Status |
Active |
|
Appointment Date |
1988/01/21 |
|
Physical Address (at time of Appointment) |
293 CHELMSFORD ROAD, DURBAN, 4001 |
|
Postal Address |
P 0 BOX 1924, DURBAN, 4000 |
|
Current Tel Number |
0313054944 |
|
Cell number |
0824533685 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse -
No information on record
Business Information
for COLIN PUTERMAN
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BARTLETT AND
DUNSTER (PTY)LTD |
M1965/005715/07 |
In Business |
47 Years 11 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 |
|
VANBELL CC |
B1987/019928/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
|
PUTERMAN PROPERTIES CC |
B1987/021843/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
Principal's Deeds Information - No information on record
Principal - 3of 5 MARCIA PUTERMAN
|
Surname |
PUTERMAN |
|
First Name |
MARCIA |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
3309250036003 |
|
Verified ID Number |
Yes |
|
Current Age |
79 |
|
Designation |
HOUSEWIFE |
|
Status |
Active |
|
Appointment Date |
1987/08/09 |
|
Physical Address (at time of Appointment) |
293 CHELMSFORD ROAD, DURBAN, 4001 |
|
Postal Address |
P 0 BOX 1924, DURBAN, 4000 |
|
Current Tel Number |
011 613 3851 |
|
Cell number |
|
|
Shareholding/Membership |
0.0000 |
Principal's Adverse -
No information on record
Business Information
for MARCIA PUTERMAN
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BARTLETT AND
DUNSTER (PTY)LTD |
M1965/005715/07 |
In Business |
47 Years 11 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 |
|
VANBELL CC |
B1987/019928/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
|
PUTERMAN PROPERTIES CC |
B1987/021843/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
Principal's Deeds Information - No information on record
Principal - 4of 5
IVAN PUTERMAN
|
Surname |
PUTERMAN |
|
First Name |
IVAN |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
6403205055007 |
|
Verified ID Number |
Yes |
|
Current Age |
48 |
|
Designation |
MANAGER |
|
Status |
Active |
|
Appointment Date |
1987/08/03 |
|
Physical Address (at time of Appointment) |
293 CHELMSFORD ROAD, DURBAN, 4001 |
|
Postal Address |
P 0 BOX 1924, DURBAN, 4000 |
|
Current Tel Number |
0313066155 |
|
Cell number |
0833818427 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse -
No information on record
Business Information
for lVAN PUTERMAN
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BARTLETT AND
DUNSTER (PTY)LTD |
M1965/005715/07 |
In Business |
47 Years 11 Months |
0 |
No |
|
|
TRENTON PROPERTY INVESTMENTS (PTY) LTD |
M1999/023906/07 |
In Business |
13 Years 1 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 |
|
VANBELL CC |
B1987/019928/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
|
PUTERMAN PROPERTIES CC |
B1987/021843/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
Principal - 5of 5 JACOB PUTERMAN
|
Surname |
PUTERMAN |
|
First Name |
JACOB |
|
Other Names |
None |
|
Marital Status |
Married |
|
ID Number |
2911295060004 |
|
Verified ID Number |
Yes |
|
Current Age |
83 |
|
Designation |
UPHOLSTERER |
|
Status |
Active |
|
Appointment Date |
1965/08/11 |
|
Physical Address (at time of Appointment) |
293 CHELMSFORD ROAD, DURBAN, 4001 |
|
Postal Address |
P 0 BOX 1924, DURBAN, 4000 |
|
Current Tel Number |
0313054744 |
|
Cell number |
0824533685 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse -
No information on record
Business Information
for JACOB PUTERMAN
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BARTLETT AND
DUNSTER (PTY)LTD |
M1965/005715/07 |
In Business |
47 Years 11 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 22 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
VANBELL CC |
B1987/019928/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
|
PUTERMAN PROPERTIES CC |
B1987/021843/23 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
|
MASHAM PROPERTIES CC |
B1995/047557/23 |
Deregistration Final |
17 Years 5 Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.99 |
|
UK Pound |
1 |
Rs.84.19 |
|
Euro |
1 |
Rs.71.86 |
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.