|
Report Date : |
03.09.2013 |
IDENTIFICATION DETAILS
|
Name : |
CENTRE FOR AUTOMOTIVE COMPONENTS (PTY)LTD |
|
|
|
|
Registered Office : |
Atlantis Foundries Business Park, William Gourlay Street, Atlantis,
Industria |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
23.02.2001 |
|
|
|
|
Com. Reg. No.: |
M2001/004072/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
manufacturer of diesel engines, natural gas engines, long blocks, short blocks, cylinder heads |
|
|
|
|
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 – 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 |
CENTRE FOR AUTOMOTIVE COMPONENTS (PTY)LTD |
|
Country |
South Africa |
|
Subject Contact Person |
HELENA AGENDAG - Financial Manager |
|
Assessment |
This is an established business. On investigation contact was made with the financial manager HELENA AGENDAG who declined to assist with any information on the subject. She requested the name of the principal enquirer before any information may be divulged. Please see the available information on the subject below. |
|
Registered Name |
CENTRE FOR AUTOMOTIVE COMPONENTS (PTY)LTD |
|
Trading as/ Division Name |
CENTRE FOR AUTOMOTIVE COMPONENTS |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
M2001/004072/07 |
|
Registration Date |
2001/02/23 |
|
Date Commenced Trading |
2001-02-23 |
|
Age of Business |
12 Years 6 Months |
|
History of Business |
CENTRE FOR AUTOMOTIVE COMPONENTS (PTY)LTD commenced trading as a new
company in 2001. |
|
History of Principals |
There is currently active directors within the company. |
|
Shareholders/Members/Partners of subject and % holding |
Unavailable |
|
Authorised Share Capital |
R1000.00 |
|
Issued Share Capital/Members Contribution |
R 100.00 |
|
Status |
In Business |
|
Operations Assessment |
The subject manufactures diesel engines, natural gas engines, long blocks, short blocks, cylinder heads. |
|
Industry/ Customers |
The automotive industry |
|
Export |
Unknown |
|
Import |
Unknown |
|
Major Industry Code / SICC |
3830 |
|
Definition of Code |
MANUFACTURE OF PARTS AND ACCESSORIES FOR MOTOR VEHICLES AND THEIR ENGINES |
|
Head Office Physical Address |
Atlantis Foundries Business Park, William Gourlay
street, ATLANTIS, INDUSTRIA |
|
Head Office Postal Address |
PRIVATE BAG X2, DASSENBERG, 7350 |
|
Current Tel Number |
0215773223 |
|
Cell Number |
Unavailable |
|
Current Fax Number |
0215773884 |
|
Current Email Address |
|
|
Web Site Address |
|
Company Registered Name |
LINDEMANN'S ACCOUNTING SERVICES (PTY)LTD |
|
Trading Name |
Unavailable |
|
Registration Number |
2004/032831/07 |
|
Physical Address |
BERGSIGLAAN 4, ZOMERLUST, PAARL, 7624 |
|
Postal Address |
POSBUS 3330, PAARL, 7620 |
|
Contact Person |
EWALD RUDOLPH LINDEMANN |
|
Contact Number |
0218728761 |
|
Email |
Unavailable |
|
Principals |
1 |
|
Judgements Against Subject |
None On Record |
|
Judgements Against Principals |
None On Record |
|
Subject Verified as Client |
Yes |
|
Practice Number |
964638 |
|
VAT Number |
Unavailable |
|
Tax Number |
9126876151 |
|
BEE Status |
Unavailable |
|
Financial Year End |
February |
|
No of years in Business |
5 Years 1 Months |
|
Website |
Unavailable |
Previous Auditors
|
Company Name |
Phone Number |
Time with previous auditors |
Comment |
|
BESTER GROENEWALD& PARTNERS |
|
Unknown |
|
|
LINDEMANNS |
|
5 Years 1 Months |
|
|
Vat Number |
4560193809 |
|
Status |
ACTIVE |
|
Vat Liable Date |
2001/02/23 |
|
Tax Number |
9298198145 |
|
Financial Year End |
June |
Black Economic Empowerment Information - No Information on Record
ISO Information - No Information on Record
Work Mans Information - No Information on Record
Subsidiaries Information - No Information on Record
Employees Information - No Information on Record
Company Fleet Information - No Information on Record
Offices Information - No Information on Record
Branch Information - No Information on Record
Organisational Chart - No Information on Record
Company Structure Information - No Information on Record
Note:
One level up and all levels down
Key Deals - No Information on Record
Trade References Information - No Information on Record
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
|
Number of Principals |
5 |
|
Average Age of Active Principals |
51 |
Active Principals
Principal - 1of 5 MARTHINUS JANSEN VAN VUUREN
|
Surname |
JANSEN VAN VUUREN |
|
First Name |
MARTHINUS |
|
Other Names |
None |
|
ID Number |
5705095101084 |
|
Verified ID Number |
Yes |
|
Current Age |
56 Years 3 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2010/12/15 |
|
Physical Address (at time of Appointment) |
PARK RYLAAN 61, LANGEBAAN, 7357 |
|
Postal Address |
PARK RYLAAN 61, LANGEBAAN, 7357 |
|
Current Tel Number |
0215773883 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for MARTHINUS JANSEN VAN VUUREN
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CENTRE FOR AUTOMOTIVE COMPONENTS (PTY) LTD |
M2001/004072/07 |
In Business |
0 |
0 |
No |
|
|
MP JANSEN VAN VUUREN |
5705095101084 |
|
Unknown |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 7 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
TINEZE INVESTMENTS CC |
B2007/178531/23 |
In Business |
6 Years 6 Months |
0 |
No |
|
|
VOSTRADE 036 CC |
B2005/135359/23 |
Deregistration Process |
8 Years 8 Months |
1 |
No |
|
Principal's Deeds
Information - No information on record
Principal - 2of 5
THOMAS TESNER
|
Surname |
TESNER |
|
First Name |
THOMAS |
|
Other Names |
None |
|
Marital Status |
|
|
ID Number |
6512155093089 |
|
Verified ID Number |
Yes |
|
Current Age |
47 Years 8 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2010/12/15 |
|
Physical Address (at time of Appointment) |
29 KERK STREET, HOP EFIELD, 7355 |
|
Postal Address |
29 KERK STREET, HOP EFIELD, 7355 |
|
Current Tel Number |
0215773883 |
|
Cell number |
0828211840 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for THOMAS TESNER
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CENTRE FOR AUTOMOTIVE COMPONENTS (PTY) LTD |
M2001/004072/07 |
In Business |
0 |
0 |
No |
|
Principal's Deeds
Information - No information on record
Principal - 3of 5
LUIGI MARZOLCA
|
Surname |
MARZOLCA |
|
First Name |
LUIGI |
|
Other Names |
None |
|
ID Number |
4504025067106 |
|
Verified ID Number |
Yes |
|
Current Age |
68 Years 4 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2008/05/15 |
|
Physical Address (at time of Appointment) |
PROTEA STREET, 16 PAARL, 7646 |
|
Postal Address |
P O BOX 1530, BELLVILLE, 7535 |
|
Current Tel Number |
0215573883 |
|
Cell number |
0832503645 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for LUIGI MARZOLCA
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CENTRE FOR AUTOMOTIVE COMPONENTS (PTY) LTD |
M2001/004072/07 |
In Business |
0 |
0 |
No |
|
|
ESSENTIAL
PROSPECTS 117 CC |
2004/069114/23 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
LANGVERWACHT |
4504025067106 |
|
Unknown |
0 |
No |
|
|
PENINSULA BRAKE
AND TRUCK SPARES CC |
B1996/017991/23 |
In Business |
17 Years 5 Months |
0 |
No |
|
|
PROPMIND THIRTEEN (PTY) LTD |
M1999/015969/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
S P AIR BRAKE AND CLUTCH (PTY)LTD |
M2005/028835/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
S P DIESEL TECH (PTY) LTD |
M2005/027669/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
S P ME
FINANCING (PTY) LTD |
M2005/010996/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
S P M E IMPORTS AND EXPORTS (PTY) LTD |
M1998/015342/07 |
Conversion CO/CC or CC/CO |
15 Years 3 Months |
0 |
No |
|
|
S P M E INDUSTRIES (PTY) LTD |
M1988/001645/07 |
Deregistration Process |
25 Years 1 Months |
0 |
No |
|
|
S P M E INDUSTRIES GROUP HOLDINGS (PTY)
LTD |
M2005/004213/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
S P ME PROPERTIES
(PTY) LTD |
M2005/031854/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
S P M E PROPSHAFT (PTY) LTD |
M2007/004996/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
|
S P RADIATORS CC |
B1993/011384/23 |
Conversion CO/CC or CC/CO |
20 Years 8 Months |
0 |
No |
|
|
STRAND EARTHMOVING REPAIRS CC |
B1985/004630/23 |
In Business |
28 Years 4 Months |
0 |
No |
|
|
USEC TRUCK AND BUS SPARES (PTY) LTD |
M2005/009061 /07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
WESTERN PROVINCE CAMSHAFT MANUFACTURERS CC |
B1996/030148/23 |
In Business |
17 Years 5 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 20 Years
|
Company |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
D A A INVESTMENTS CC |
B1989/039122/23 |
In Business |
|
0 |
No |
|
|
GOLDEN POND TRADING 178 (PTY) LTD |
2004/020528/07 |
Deregistration Final |
9 Years 9 Months |
0 |
No |
|
|
NEUROCK TRUCK AND BUS (PTY)LTD |
M1967/006716/07 |
Deregistration Final |
46 Years 10 Months |
0 |
No |
|
|
POWER BRAKE AND CLUTCH (CAPE) CC |
B1994/038299/23 |
Deregistration Final |
19 Years 7 Months |
0 |
No |
|
|
ROBLIN MANUFACTURING CC |
B2007/090761/23 |
In Business |
6 Years 6 Months |
0 |
No |
|
|
STAALWERKE HUURDIENS CC |
M1985/007978/23 |
Dissolved |
28 Years 4 Months |
0 |
No |
|
|
STRAND BRAKE AND CLUTCH CC |
B1985/014698/23 |
Deregistration Final |
28 Years 4 Months |
0 |
No |
|
|
STRAND PRECISION
MOTOR ENGINEERS CC |
B1985/014701/23 |
Conversion CO/CC or CC/CO |
28 Years 4 Months |
0 |
No |
|
|
SUMMER STRAND TRANSPORTERS (PTY) LTD |
M1990/002766/07 |
Dissolved |
23 Years 11 Months |
0 |
No |
|
|
THE CRUCK CHAIR MAN (PTY)LTD |
M2007/003142/07 |
Conversion CO/CC or CC/CO |
6 Years 6 Months |
0 |
No |
|
|
WAPASCO (PTY)LTD |
M1986/002821/07 |
Deregistration Final |
27 Years 3 Months |
4 |
No |
|
Principal's Deeds
Information - No information on record
Principal - 4of 5
MICHELE MARZOCCA
|
Surname |
MARZOCCA |
|
First Name |
MICHELE |
|
Other Names |
None |
|
Marital Status |
|
|
ID Number |
7307245108081 |
|
Verified ID Number |
Yes |
|
Current Age |
40 Years 1 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2008/05/15 |
|
Physical Address (at time of Appointment) |
16 CHEVE STREET, PAARL, 7645 |
|
Postal Address |
PO BOX 65, HUGUENOT, PAARL, 7635 |
|
Current Tel Number |
0218625400 |
|
Cell number |
0845708673 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for MICHELE MARZOCCA
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
C A COMPONENTS
TRADING (PTY)LTD |
M2002/011774/07 |
Deregistration Process |
11 Years 11 Months |
0 |
No |
|
|
CENTRE FOR AUTOMOTIVE COMPONENTS (PTY) LTD |
M2001/004072/07 |
In Business |
0 |
0 |
No |
|
|
D A A INVESTMENTS CC |
B1989/039122/23 |
In Business |
0 |
0 |
No |
|
|
S P AIR BRAKE
AND CLUTCH (PTY)LTD |
M2005/028835/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
S P ME FINANCING (PTY) LTD |
M2005/010996/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
S P M E
INDUSTRIES (PTY) LTD |
M1988/001645/07 |
Deregistration Process |
25 Years 1 Months |
0 |
No |
|
|
S P M E
INDUSTRIES GROUP HOLDINGS (PTY) LTD |
M2005/004213/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
S P ME PROPERTIES (PTY) LTD |
M2005/031854/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
THE CRUCK CHAIR MAN (PTY)LTD |
M2007/003142/07 |
Conversion CO/CC or CC/CO |
6 Years 6 Months |
0 |
No |
|
|
THE TRUCK CHAIR MAN CC |
B2009/197909/23 |
In Business |
4 Years 4 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 |
|
PENINSULA BRAKE AND TRUCK SPARES CC |
B1996/017991/23 |
In Business |
17 Years 5 Months |
0 |
No |
|
|
ROBLIN MANUFACTURING CC |
B2007/090761/23 |
In Business |
6 Years 6 Months |
0 |
No |
|
Principal's Deeds Information - No information on record
Principal - 5of 5
GERRIT MYBURGH
|
Surname |
MYBURGH |
|
First Name |
GERRIT |
|
Other Names |
None |
|
Marital Status |
|
|
ID Number |
6812275210088 |
|
Verified ID Number |
Yes |
|
Current Age |
44 Years 8 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2001/02/23 |
|
Physical Address (at time of Appointment) |
35 FOURTH AVENUE, MELKBOSSTRAND, 7441 |
|
Postal Address |
PRIVAATSAK X2, DASSENBERG, 7350 |
|
Current Tel Number |
0215773883 |
|
Cell number |
0836334877 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for GERRIT MYBURGH
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
C A COMPONENTS
TRADING (PTY)LTD |
M2002/011774/07 |
Deregistration Process |
11 Years 11 Months |
0 |
No |
|
|
CENTRE FOR AUTOMOTIVE COMPONENTS (PTY) LTD |
M2001/004072/07 |
In Business |
0 |
0 |
No |
|
|
FASTSERV TRADING 65 (PTY)LTD |
M2005/025782/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
S P M E
PROPSHAFT (PTY) LTD |
M2007/004996/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
Principal's Deeds
Information - No information on record
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.86 |
|
UK Pound |
1 |
Rs.102.52 |
|
Euro |
1 |
Rs.87.06 |
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.