|
Report Date : |
19.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
SAMANCOR
CHROME LTD |
|
|
|
|
Registered Office : |
1st
Floor, Block B, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
26.03.1970 |
|
|
|
|
Com. Reg. No.: |
M1970/003898/06 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Subject is engaged in Mining and Smelting of Chrome Ore. |
|
|
|
|
No of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Unknown |
|
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 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
South Africa |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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 16th largest in the world. Even though the
country's modern infrastructure supports a relatively efficient distribution of
goods to major urban centers throughout the region, unstable electricity
supplies retard growth. The global financial crisis reduced commodity prices
and world demand. GDP fell nearly 2% in 2009 but has recovered since then,
albeit slowly with 2014 growth projected at about 2%. Unemployment, poverty,
and inequality - among the highest in the world - remain a challenge. Official
unemployment is at nearly 25% of the work force, and runs significantly higher
among black youth. Eskom, the state-run power company, has built two new power
stations and installed new power demand management programs to improve power
grid reliability. Construction delays at two additional plants, however, mean
South Africa is operating on a razor thin margin; economists judge that growth
cannot exceed 3% until those plants come on line. 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 |
SAMANCOR
CHROME LTD |
|
Country |
South
Africa |
|
Requested
Credit Limit |
|
|
Enquiry
Terms |
30
Days |
|
Account
Review |
Recommended
Every 6 Months |
|
Subject
Contact Person |
NAOMI
VAN DER HULLE - Financial Manager |
|
Assessment |
This
is an established business. On investigation contact was made with NAOMI VAN DER
HULLE the financial manager who requested a questionnaire for completion. We
followed up on numerous occasions however Mrs. VAN DER HULLE requested more
time to complete the questionnaire. Please see the available information on
the subject below. |
|
Registered
Name |
SAMANCOR
CHROME LTD |
|
Trading
as/ Division Name |
SAMANCOR |
|
Previous
Name |
None |
|
Date of
Name Change |
None |
|
Registration
Number |
M1970/003898/06 |
|
Registration
Date |
1970/03/26 |
|
Date Commenced
Trading |
1970-03-26 |
|
Age of
Business |
44 Years
5 Months |
|
History
of Business |
The
subject was listed on the Johannesburg Stock Exchange until 1998 when the
minority shareholders were bought out by the then majority shareholders,
Billiton and Anglo-American. This resulted in the delisting of the company
and a shareholding split of 60% African Metals Ltd (a BHPB Company) and 40%
Anglo South Africa Capital (Proprietary) Ltd (an Anglo American company). |
|
History
of Principals |
There
are 8 active directors within the company. |
|
Shareholders/Members/Partners
of subject and % holding |
Unavailable |
|
Authorised
Share Capital |
|
|
Issued
Share Capital/Members Contribution |
|
|
Status |
In
Business |
|
Operations
Assessment |
The subjects
main operation is mining and smelting of chrome ore. |
|
Industry/
Customers |
All
major corporates |
|
Export |
None |
|
Export
Countries |
|
|
Import |
None |
|
Import
Countries |
|
|
Major
Industry Code / SICC |
24100 |
|
Definition
of Code |
MINING
OF IRON ORE |
|
Head
Office Physical Address |
1st
Floor, Block B, Cullinan Place, Cullinan Close (off Rivonia Road),
MORNINGSIDE, SANDTON, 2196 |
|
Head
Office Postal Address |
Post Net
Suite 803, Private Bag X9, BENMORE, 2010 |
|
Current
Tel Number |
0112451021 |
|
Cell
Number |
None |
|
Current
Fax Number |
0112451200 |
|
Current
Email Address |
|
|
Web Site
Address |
|
|
Comments |
|
|
Company
Registered Name |
KPMG
INCORPORATED |
|
Trading
Name |
KPMG |
|
Registration
Number |
1999/021543/21 |
|
Physical
Address |
85
Empire Road, PARKTOWN, JOHANNESBURG |
|
Postal
Address |
PRIVATE
BAG X9, PARKVIEW, 2122 |
|
Contact
Person |
NICO
BOTHA |
|
Contact
Number |
0116476576 |
|
Email |
0116476576 |
|
Principals |
1 |
|
Judgements
Against Subject |
None
On Record |
|
Judgements
Against Principals |
None
On Record |
|
Subject
Verified as Client |
Yes |
|
Practice
Number |
04846622 |
|
VAT
Number |
4530188665 |
|
Tax
Number |
9559555843 |
|
BEE
Status |
Level
1 |
|
Financial
Year End |
June |
|
No
of years in Business |
18
Years 4 Months |
|
Website |
|
|
Comment |
|
Previous Auditors Information - No Information on Record
|
Vat
Number |
4010108761 |
|
Status |
DEREGISTERED |
|
Vat
Liable Date |
1991/09/30 |
|
Tax
Number |
9530006601 |
|
Tax
Clearance Expire Date |
|
|
Financial
Year End |
June |
|
Comment |
|
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
Organization Chart
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
Director |
RICARDO ESCOBAR |
|
|
|
|||
|
1 |
Director |
PAUL SNYMAN |
|
|
|
|||
|
1 |
Director |
WESSEL ERASMUS |
|
|
|
|||
|
1 |
Director |
KOBUS VAN DYK |
|
|
|
|||
|
1 |
Director |
SYDNEY ABSOLOM |
|
|
|
|||
|
1 |
Director |
JOHAN BASSON |
|
|
|
|||
|
1 |
Director |
GEDION TOERIEN |
|
|
|
|||
|
1 |
Director |
NICOLAAS VAN DER WALT |
|
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
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 - 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 |
8 |
|
Average
Age of Active Principals |
61 |
|
ACTIVE
PRINCIPALS PRINCIPAL
– 1 OF 8 RICARDO
ESCOBAR |
|
|
Surname |
ESCOBAR |
|
First
Name |
RICARDO |
|
Other
Names |
None |
|
Marital
Status |
|
|
ID
Number |
581013 |
|
Verified
ID Number |
No |
|
Current
Age |
55
Years 10 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1999/06/21 |
|
Physical
Address (at time of Appointment) |
Unavailable |
|
Postal
Address |
P
O BOX 8186, JOHANNESBURG, 2000 |
|
Current
Tel Number |
0112451021 |
|
Cell
number |
|
|
Shareholding/Membership |
0.00 |
Business Information for RICARDO
ESCOBAR
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SAMANCOR CHROME LTD |
M1970/003898/06 |
Deregistration Process |
44 Years
8 Months |
0 |
No |
|
TUBATSE FERROCHROME (PTY)LTD |
M1974/003458/07 |
Deregistration Process |
40 Years
4 Months |
0 |
No |
Principal Previous Business Interests
|
Average Age of
Previous Business |
26 Years |
|
Company Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
FAH INFORMATION
SERVICES (PTY)LTD |
M1988/006321/07 |
Deregistration
Final |
26
Years 2 Months |
0 |
No |
|
Principal - 2 of 8 PAUL SNYMAN
|
Surname |
SNYMAN |
|
First Name |
PAUL |
|
Other Names |
None |
|
Marital Status |
|
|
ID Number |
5208125109086 |
|
Verified ID Number |
Yes |
|
Current Age |
62 Years |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1999/03/08 |
|
Physical Address (at time of Appointment) |
54 RYDER DR, ST ANDREWS VILLAGE, MOUNT
COMBE, 4300 |
|
Postal Address |
P O BOX 1479, RICHARDS BAY, 3900 |
|
Current Tel Number |
0122443777 |
|
Cell number |
0832694949 |
|
Shareholding/Membership |
0.00 |
Business Information for PAUL SNYMAN
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
ALUSAF
PROPERTY FINANCE (PTY)LTD |
M1981/002325/07 |
|
33
Years 9 Months |
0 |
No |
|
BAYGROW
(PTY)LTD |
M1983/005438/07 |
Deregistration
Final |
31
Years 7 Months |
0 |
No |
|
BIRDSWOOD ESTATES
(PTY)LTD |
M1968/010029/07 |
Deregistration
Process |
46 Years 10
Months |
0 |
No |
|
MISTY
MEADOWS FARM |
5208125109086 |
|
Unknown |
0 |
No |
|
SAMANCOR CHROME
LTD |
M1970/003898/06 |
Deregistration
Process |
44
Years 8 Months |
0 |
No |
|
TUBATSE FERROCHROME (PTY)LTD |
M1974/003458/07 |
Deregistration
Process |
40
Years 4 Months |
0 |
No |
Principal Previous Business Interests
|
Average Age of
Previous Business |
49Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
ALUMINIUM MANAGEMENT COMPANY OF
MOZAMBIQUE (PTY)LTD |
M1998/006042/07 |
In
Business |
16
Years 4 Months |
0 |
No |
|
BATLHAKO
MINING LTD |
M1974/000494/06 |
In
Business |
40 Years 4 Months |
0 |
No |
|
BILLITON
ALUMINIUM SA LTD |
M1967/004817/06 |
In
Business |
47 Years 11
Months |
0 |
No |
|
ELECTROLYTIC METAL CORPORATION (PTY)LTD |
M1955/003225/07 |
In
Business |
59
Years 11 Months |
0 |
No |
|
MANGANESE
METAL COMPANY (PTY)LTD |
M1971/006609/07 |
In
Business |
43 Years 7 Months |
0 |
No |
|
MIDDELBURG
STEEL AND ALLOYS (PTY)LTD |
M1955/001490/07 |
In
Business |
59
Years 11 Months |
0 |
No |
|
SAMANCOR CHROME
LTD |
M1926/008883/06 |
In
Business |
88
Years 4 Months |
0 |
No |
|
SAMANCOR
MANAGEMENT SERVICES (PTY)LTD |
M1970/012108/07 |
Deregistration
Process |
44 Years 8 Months |
0 |
No |
Principal Deeds Information
Principal Previous Business Interests
|
Property
Interests for PAUL SNYMAN |
|||
|
Title
Deed No. |
ST1379/2005 |
Erf/Site
No. |
1644 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
HOWICK
HOWICK |
|
Property
Type |
U |
Extent
/ Size |
|
|
Purchase
Date |
2004/11/24 |
Purchase
price |
R
250000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
SK2031990S |
|
Bond
Number |
VA17491994 |
Bond
Amount |
R
0.00 |
|
Comment |
|
||
|
Property
Interests for PAUL SNYMAN |
|||
|
Title
Deed No. |
T21447/2009 |
Erf/Site
No. |
1082 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
52
JACK NICKLAUS PECANWOOD ESTATE HARTBEESPOORT |
|
Property
Type |
E |
Extent
/ Size |
|
|
Purchase
Date |
2009/02/07 |
Purchase
price |
R
2800000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
R
0.00 |
|
Comment |
|
||
|
Property
Interests for PAUL SNYMAN |
|||
|
Title
Deed No. |
ST60263/2002 |
Erf/Site
No. |
1134 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
69
LAGOON UMHLANGA UMHLANGA |
|
Property
Type |
U |
Extent
/ Size |
|
|
Purchase
Date |
2002/09/03 |
Purchase
price |
R
835000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
R
0.00 |
|
Comment |
|
||
Principal - 3 of 8
WESSEL ERASMUS
|
Surname |
ERASMUS |
|
First
Name |
WESSEL |
|
Other
Names |
None |
|
Marital
Status |
|
|
ID
Number |
6211215130086 |
|
Verified
ID Number |
Yes |
|
Current
Age |
51
Years 9 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1998/12/01 |
|
Physical
Address (at time of Appointment) |
8
GIGI AVENUE, NORTH CLIFF EXT 10, JOHANNESBURG, 2195 |
|
Postal
Address |
POSTNET
SUITE 803, PRIVATE BAG X9, BENMORE, Gauteng, 2010 |
|
Current
Tel Number |
0112451021 |
|
Cell
number |
0824612569 |
|
Shareholding/Membership |
0.00 |
Business Information for WESSEL ERASMUS
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
BATLHAKO
MINING |
M1978/070039/10 |
Deregistration
Final |
0 |
0 |
No |
|
BOPHUTHATSWAN
A CHROME COMPANY (PTY)LTD |
M1979/070020/07 |
Deregistration
Final |
35
Years 11 Months |
0 |
No |
|
COPUVAT
CC |
B1991/021100/23 |
Deregistration
Process |
23 Years 11
Months |
0 |
No |
|
FAH INFORMATION SERVICES (PTY)LTD |
M1988/006321/07 |
Deregistration
Final |
26
Years 2 Months |
0 |
No |
|
MARICO CHROME CORPORATION (PTY)LTD |
M1978/005144/07 |
In
Business |
0 |
0 |
No |
|
MIDDELBURG TECHNOCHROME (PTY)LTD |
M1995/004092/07 |
In
Business |
19
Years 7 Months |
0 |
No |
|
MILLSELL
CHROME MINES (PTY)LTD |
M1957/001750/07 |
Deregistration
Final |
57
Years 9 Months |
0 |
No |
|
SAMANCOR CHROME
LTD |
M1970/003898/06 |
Deregistration
Process |
44
Years 8 Months |
0 |
No |
|
SAMANCOR
MANAGEMENT SERVICES (PTY)LTD |
M1970/012108/07 |
Deregistration
Process |
44
Years 8 Months |
0 |
No |
|
SILICON SMELTERS
(PTY)LTD |
M1970/012577/07 |
Deregistration
Process |
44
Years 8 Months |
0 |
No |
|
TUBATSE
CHROME (PTY)LTD |
M2006/036994/07 |
In
Business |
8
Years 8 Months |
0 |
No |
|
TUBATSE CHROME MINERALS (PTY)LTD |
M2006/028430/07 |
In
Business |
8
Years 8 Months |
0 |
No |
|
TUBATSE FERROCHROME (PTY)LTD |
M1974/003458/07 |
Deregistration
Process |
40
Years 4 Months |
0 |
No |
|
W
ERASMUS |
6211215130086 |
|
Unknown |
0 |
No |
|
WINTERVELD
CHROME MINES LTD |
M1956/000555/06 |
Deregistration
Final |
58
Years 10 Months |
0 |
No |
Principal Previous Business Interests
|
Average Age of
Previous Business |
41 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
BATLHAKO FERROCHROME (PTY)LTD |
M1985/070455/07 |
In Business |
29 Years 5 Months |
0 |
No |
|
BATLHAKO MINING
LTD |
M1974/000494/06 |
In Business |
40 Years 4 Months |
0 |
No |
|
BRAKLANDS PROPERTIES
(PTY)LTD |
M1972/007253/07 |
In Business |
42 Years 6 Months |
0 |
No |
|
CROMETALS
(PTY)LTD |
M1973/004916/07 |
In Business |
41 Years 5 Months |
0 |
No |
|
HENRY GOULD
(PTY)LTD |
M1953/000691/07 |
In Business |
61
Years 1 Months |
0 |
No |
|
MIDDELBURG
STEEL AND ALLOYS (PTY)LTD |
M1955/001490/07 |
In Business |
59
Years 11 Months |
0 |
No |
|
NST FERROCHROME
(PTY)LTD |
M1971/010987/07 |
In Business |
43 Years 7 Months |
0 |
No |
|
POSCHROME
(PTY)LTD |
M1996/008582/07 |
In Business |
18
Years 6 Months |
0 |
No |
|
SAMANCOR MANGANESE (PTY)LTD |
M2003/020080/07 |
In Business |
11
Years 11 Months |
0 |
No |
|
TERRA
NOMINEES (PTY)LTD |
M1962/000439/07 |
In Business |
52
Years 4 Months |
0 |
No |
|
WATERKLOOF
CHROME MINES (PTY)LTD |
M1957/004219/07 |
In Business |
57
Years 9 Months |
0 |
No |
Principal Deeds Information
Property Interests for WESSEL ERASMUS
|
Title
Deed No. |
T39849/2011 |
Erf/Site
No. |
156 |
|
Deeds
Office |
JOHANNESBURG |
Physical
Address |
NORTHCLIFF
RANDBURG |
|
Property
Type |
E |
Extent
/ Size |
|
|
Purchase
Date |
2011/07/18 |
Purchase
price |
R
6500000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
INVESTEC
BANK LTD |
|
Bond
Number |
B300732011 |
Bond
Amount |
R
5050000.00 |
|
Comment |
|
||
Property Interests for WESSEL ERASMUS
|
Title
Deed No. |
T5349/2013 |
Erf/Site
No. |
720 |
|
Deeds
Office |
BLOEMFONTEIN |
Physical
Address |
REITZ
RD /BRAKFONTEIN |
|
Property
Type |
F |
Extent
/ Size |
51.2078H |
|
Purchase
Date |
2013/03/13 |
Purchase
price |
R
440000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
R
0.00 |
|
Comment |
|
||
|
Property
Interests for WESSEL ERASMUS |
|||
|
Title
Deed No. |
T21671/2003 |
Erf/Site
No. |
350 |
|
Deeds
Office |
BLOEMFONTEIN |
Physical
Address |
MAFUBE
RURAL |
|
Property
Type |
F |
Extent
/ Size |
|
|
Purchase
Date |
2003/03/20 |
Purchase
price |
R
468545.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
GOUWS
GERT ANDRIES |
|
Bond
Number |
VA3352001 |
Bond
Amount |
R
0.00 |
|
Comment |
|
||
|
Property
Interests for WESSEL ERASMUS |
|||
|
Title
Deed No. |
T23484/2003 |
Erf/Site
No. |
953 |
|
Deeds
Office |
BLOEMFONTEIN |
Physical
Address |
NKETOANA
RURAL |
|
Property
Type |
F |
Extent
/ Size |
|
|
Purchase
Date |
2003/03/20 |
Purchase
price |
R
203854.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
FIRSTRAND
BANK LTD |
|
Bond
Number |
B106202001 |
Bond
Amount |
R2190000.00 |
|
Comment |
|
||
|
Property
Interests for WESSEL ERASMUS |
|||
|
Title
Deed No. |
T1639/2002 |
Erf/Site
No. |
1074 |
|
Deeds
Office |
BLOEMFONTEIN |
Physical
Address |
NKETOANA
RURAL |
|
Property
Type |
F |
Extent
/ Size |
|
|
Purchase
Date |
2001/09/28 |
Purchase
price |
R
50000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
R
0.00 |
|
Comment |
|
||
Principal - 4 of 8
JACAOBUS VAN DYK
|
Surname |
VAN
DYK |
|
First
Name |
JACAOBUS |
|
Other
Names |
None |
|
Marital
Status |
|
|
ID
Number |
5905255062080 |
|
Verified
ID Number |
Yes |
|
Current
Age |
55
Years 3 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1996/12/01 |
|
Physical
Address (at time of Appointment) |
60
FRANS ORDER STREET, GROENKLOOF, PRETORIA, 0181 |
|
Postal
Address |
PO
BOX 470, GROENKLOOF, GROENKLOOF, 0181 |
|
Current
Tel Number |
0123866484 |
|
Cell
number |
0824532991 |
|
Shareholding/Membership |
0.00 |
Business Information for JACAOBUS VAN DYK
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
COETSBEL BELEGGINGS (PTY)LTD |
M1999/022981/07 |
Dissolved |
15
Years 3 Months |
0 |
No |
|
CONSOLIDATED
GALVANIZING SERVICES (PTY)LTD |
M1998/022934/07 |
Voluntary
Liquidation |
16
Years 4 Months |
0 |
Yes |
|
FERROMETALS
LTD |
M1949/032784/06 |
Deregistration
Final |
65
Years 5 Months |
0 |
No |
|
JOHANNESBURG FOUNDRY (PTY)LTD |
M2001/015929/07 |
In
Business |
13
Years 1 Months |
0 |
No |
|
JOHANNESBURG
FOUNDRY MANUFACTURING CC |
B2004/126802/23 |
Voluntary
Liquidation |
10
Years 10 Months |
4 |
Yes |
|
MILLSELL
CHROME MINES (PTY)LTD |
M1957/001750/07 |
Deregistration
Final |
57
Years 9 Months |
0 |
No |
|
SAMANCOR CHROME
LTD |
M1970/003898/06 |
Deregistration
Process |
44
Years 8 Months |
0 |
No |
|
SINVAC INVESTMENTS (PTY)LTD |
M2003/027374/07 |
In
Business |
11
Years 11 Months |
0 |
No |
|
SINVAC MINING AND
ENGINEERING (PTY)LTD |
M2003/027349/07 |
In
Business |
11
Years 11 Months |
0 |
No |
|
SINVAC PLASTICS
(PTY)LTD |
M2005/034152/07 |
In
Business |
9
Years 9 Months |
1 |
No |
|
SINVAC PLASTICS MANUFACTURING
CC |
B2005/078657/23 |
Voluntary
Liquidation |
9
Years 9 Months |
1 |
Yes |
|
STEELFAB WATER SOLUTIONS AFRICA
(PTY)LTD |
K2012/128901/07 |
In
Business |
2
Years 2 Months |
0 |
No |
|
TECHNILOY
CC |
B1994/037382/23 |
In
Business |
20
Years 8 Months |
0 |
No |
|
TECHNILOY
PIPING (PTY)LTD |
M2010/008631/07 |
In
Business |
4
Years 4 Months |
0 |
No |
|
TECHNILOY
WELDING AND PLATING (PTY)LTD |
K2013/182209/07 |
In
Business |
1
Years 1 Months |
0 |
No |
|
TUBATSE FERROCHROME (PTY)LTD |
M1974/003458/07 |
Deregistration
Process |
40
Years 4 Months |
0 |
No |
|
WINTERVELD CHROME MINES LTD |
M1956/000555/06 |
Deregistration Final |
58 Years 10 Months |
0 |
No |
Principal Previous Business Interests
|
Average Age of
Previous Business |
25 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
BATLHAKO FERROCHROME (PTY)LTD |
M1985/070455/07 |
In
Business |
29 Years 5 Months |
0 |
No |
|
BATLHAKO MINING
LTD |
M1974/000494/06 |
In
Business |
40 Years 4 Months |
0 |
No |
|
BLYDEBERG PAKKERS
CC |
B2003/015849/23 |
Deregistration
Final |
11
Years 11 Months |
1 |
No |
|
CONGALV
HOLDINGS (PTY)LTD |
M2001/018442/07 |
Deregistration
Final |
13
Years 1 Months |
0 |
No |
|
HENRY GOULD
(PTY)LTD |
M1953/000691/07 |
In
Business |
61
Years 1 Months |
0 |
No |
|
MANIE KRUGER BELEGGINGS (PTY)LTD |
M2002/008703/07 |
Re-Instatement
Process |
|
0 |
No |
|
METMAR
FINANCE (PTY)LTD |
M1953/001724/07 |
In
Business |
61
Years 1 Months |
0 |
No |
|
MIDDELBURG TECHNOCHROME (PTY)LTD |
M1995/004092/07 |
In
Business |
19
Years 7 Months |
0 |
No |
|
NEW PINNACLE
HOLDINGS LTD |
M1995/010152/06 |
In
Business |
19
Years 7 Months |
0 |
No |
|
NST FERROCHROME
(PTY)LTD |
M1971/010987/07 |
In
Business |
43 Years 7 Months |
0 |
No |
|
PERAGERE
(PTY)LTD |
M2001/018478/07 |
In
Business |
13
Years 1 Months |
1 |
No |
|
PEREGERE INVESTMENTS (PTY)LTD |
M1995/070016/07 |
Deregistration
Process |
19
Years 7 Months |
0 |
No |
|
POSCHROME
(PTY)LTD |
M1996/008582/07 |
In
Business |
18
Years 6 Months |
0 |
No |
|
SIYABONGA
PLASTICS CC |
B2006/216237/23 |
Deregistration
Process |
8
Years 8 Months |
0 |
No |
Principal - 5 of 8
SYDNEY ABSOLOM
|
Surname |
ABSOLOM |
|
First
Name |
SYDNEY |
|
Other
Names |
None |
|
Marital
Status |
|
|
ID
Number |
4712045066004 |
|
Verified
ID Number |
Yes |
|
Current
Age |
67
Years 4 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1991/09/03 |
|
Physical
Address (at time of Appointment) |
6
HUSING STREET, DE ZALZE WINELANDS GOLF ESTATE, STELLENBOSCH, 7600 |
|
Postal
Address |
3@1
SUITE NUMBER 147, PRIVATE BAG X4, DIE BOORD, 7613 |
|
Current
Tel Number |
0113763135 |
|
Cell
number |
0824535120 |
|
Shareholding/Membership |
0.00 |
Business Information for SYDNEY ABSOLOM
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
BOPHUTHATSWAN
A CHROME COMPANY (PTY)LTD |
M1979/070020/07 |
Deregistration
Final |
35 Years 11
Months |
0 |
No |
|
BREEZE
COURT INVESTMENTS 21 (PTY)LTD |
M2007/009128/07 |
Deregistration
Process |
7
Years 7 Months |
0 |
No |
|
FERROMETALS
LTD |
M1949/032784/06 |
Deregistration
Final |
65
Years 5 Months |
0 |
No |
|
HENRY
GOULD |
M1987/070266/10 |
Deregistration
Final |
27
Years 3 Months |
0 |
No |
|
JAGDLUST CHROME
COMPANY (PTY)LTD |
M1952/002522/07 |
Deregistration
Final |
62
Years 2 Months |
0 |
No |
|
MARICO
CHROME CORPORATION |
M1978/075144/10 |
Deregistration
Final |
0 |
0 |
No |
|
MILLSELL
CHROME MINES (PTY)LTD |
M1957/001750/07 |
Deregistration
Final |
57
Years 9 Months |
0 |
No |
|
MKUZASE RESOURCES (PTY)LTD |
K2013/011996/07 |
In
Business |
1
Years 1 Months |
0 |
No |
|
SAMANCOR CHROME
LTD |
M1970/003898/06 |
Deregistration Process |
44
Years 8 Months |
0 |
No |
|
TUBATSE FERROCHROME (PTY)LTD |
M1974/003458/07 |
Deregistration
Process |
40
Years 4 Months |
0 |
No |
|
WINTERVELD
CHROME MINES LTD |
M1956/000555/06 |
Deregistration
Final |
58 Years 10
Months |
0 |
No |
Principal Previous Business Interests
|
Average Age of
Previous Business |
33 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
BATLHAKO MINING
LTD |
M1974/000494/06 |
In
Business |
40 Years 4 Months |
0 |
No |
|
BATLHAKO
MINING |
M1978/070039/10 |
Deregistration
Final |
|
0 |
No |
|
BRAKLANDS
PROPERTIES (PTY)LTD |
M1972/007253/07 |
In
Business |
42 Years 6 Months |
0 |
No |
|
HENRY GOULD
(PTY)LTD |
M1953/000691/07 |
In
Business |
61
Years 1 Months |
0 |
No |
|
MARICO CHROME CORPORATION (PTY)LTD |
M1978/005144/07 |
In
Business |
|
0 |
No |
|
MIDDELBURG TECHNOCHROME (PTY)LTD |
M1995/004092/07 |
In
Business |
19
Years 7 Months |
0 |
No |
|
TERRA
NOMINEES (PTY)LTD |
M1962/000439/07 |
In
Business |
52
Years 4 Months |
0 |
No |
|
WATERKLOOF
CHROME MINES (PTY)LTD |
M1957/004219/07 |
In
Business |
57
Years 9 Months |
0 |
No |
Principal - 6 of 8
JOHAN BASSON
|
Surname |
BASSON |
|
First Name |
JOHAN |
|
Other Names |
None |
|
Marital Status |
|
|
ID Number |
5108165046083 |
|
Verified ID Number |
Yes |
|
Current Age |
63 Years |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1989/09/15 |
|
Physical Address (at time of Appointment) |
190 ARATHORN ESTATE, LEANDER ROAD,
OLYMPUS, 0081 |
|
Postal Address |
P O BOX 100433, MORELETA PLAZA, MORELETA
PLAZA, MORELETA PLAZA, 0167 |
|
Current Tel Number |
0113787271 |
|
Cell number |
|
|
Shareholding/Membership |
0.00 |
Business Information for JOHAN BASSON
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
ARATHORN |
M2003/021293/08 |
In
Business |
11
Years 11 Months |
1 |
No |
|
EENHEID
17 TAMARISK ELDORAIGNE CC |
B1997/025213/23 |
Deregistration
Final |
17
Years 5 Months |
0 |
No |
|
FERROMETALS
LTD |
M1949/032784/06 |
Deregistration
Final |
65
Years 5 Months |
0 |
No |
|
MARICO
CHROME CORPORATION |
M1978/075144/10 |
Deregistration
Final |
0 |
0 |
No |
|
SAMANCOR CHROME
LTD |
M1970/003898/06 |
Deregistration
Process |
44
Years 8 Months |
0 |
No |
|
TUBATSE FERROCHROME (PTY)LTD |
M1974/003458/07 |
Deregistration
Process |
40
Years 4 Months |
0 |
No |
Principal Previous Business Interests
|
Average Age of
Previous Business |
16 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
BATLHAKO FERROCHROME (PTY)LTD |
M1985/070455/07 |
In
Business |
29 Years 5 Months |
0 |
No |
|
BATLHAKO MINING
LTD |
M1974/000494/06 |
In
Business |
40 Years 4 Months |
0 |
No |
|
CHROMTECH
HOLDINGS (PTY)LTD |
M2006/001202/07 |
In
Business |
8
Years 8 Months |
0 |
No |
|
CHRONMIN
(PTY)LTD |
M2010/003667/07 |
In
Business |
4
Years 4 Months |
0 |
No |
|
CROCODILE
CHROME (PTY)LTD |
M2007/012625/07 |
In
Business |
7
Years 7 Months |
0 |
No |
|
DEZZO TRADING 184
(PTY)LTD |
M2001/000803/07 |
In
Business |
13
Years 1 Months |
0 |
No |
|
FAH INFORMATION
SERVICES (PTY)LTD |
M1988/006321/07 |
Deregistration
Final |
26 Years 2 Months |
0 |
No |
|
FERROVELD
(PTY)LTD |
M1974/003581/07 |
Deregistration
Process |
40 Years 4 Months |
0 |
No |
|
METQUIP PROCESSING EQUIIPMENT (PTY)LTD |
K2012/094054/07 |
In
Business |
2
Years 2 Months |
0 |
No |
|
MOGALE
ALLOYS (PTY)LTD |
M2002/015297/07 |
In
Business |
|
0 |
No |
|
PGR 17
INVESTMENTS (PTY)LTD |
M1999/015967/07 |
In
Business |
15
Years 3 Months |
0 |
No |
|
WATERVAL CHROME
SERVICES (PTY)LTD |
M2006/001233/07 |
In
Business |
8
Years 8 Months |
0 |
No |
PRINCIPAL DEEDS INFORMATION
PROPERTY INTERESTS FOR JOHAN BASSON
|
Title Deed No. |
T25673/2009 |
Erf/Site No. |
190 |
|
Deeds Office |
PRETORIA |
Physical Address |
ARATHORN ESTATE PRETORIA |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2009/03/24 |
Purchase price |
R 2200000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
|
Comment |
|
||
Principal - 7 of 8
GEDION TOERIEN
|
Surname |
TOERIEN |
|
First
Name |
GEDION |
|
Other
Names |
None |
|
Marital
Status |
|
|
ID
Number |
4206225072007 |
|
Verified
ID Number |
Yes |
|
Current
Age |
72
Years 2 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1989/09/15 |
|
Physical
Address (at time of Appointment) |
2
MILDER STREET, ONTDEKKERSPARK, 2000 |
|
Postal
Address |
PO
BOX 27064, HOUT BAY, 7872 |
|
Current
Tel Number |
0113787288 |
|
Cell
number |
0824410445 |
|
Shareholding/Membership |
0.00 |
BUSINESS INFORMATION FOR GEDION TOERIEN
PRINCIPAL CURRENT BUSINESS INTERESTS
|
Company
Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
|
FERROMETALS
LTD |
M1949/032784/06 |
Deregistration
Final |
65
Years 5 Months |
0 |
No |
|
HOSTPROPS1052
CC |
B1999/025701/23 |
In
Business |
15
Years 3 Months |
0 |
No |
|
MARICO
CHROME CORPORATION |
M1978/075144/10 |
Deregistration
Final |
0 |
0 |
No |
|
ROSEVEAN
INVESTMENTS 0003 (PTY)LTD |
M2001/008384/07 |
In
Business |
13
Years 1 Months |
0 |
No |
|
SAMANCOR CHROME
LTD |
M1970/003898/06 |
Deregistration
Process |
44
Years 8 Months |
0 |
No |
|
TERMINCA
(PTY)LTD |
M1978/000425/07 |
In
Business |
0 |
1 |
No |
|
TUBATSE FERROCHROME (PTY)LTD |
M1974/003458/07 |
Deregistration
Process |
40
Years 4 Months |
0 |
No |
|
WHEATFIELDS
INVESTMENTS NO 87 (PTY)LTD |
M2000/014417/07 |
In
Business |
14
Years 2 Months |
0 |
No |
|
WHEATFIELDS
INVESTMENTS NO 88 (PTY)LTD |
M2000/014416/07 |
In
Business |
14
Years 2 Months |
0 |
No |
Principal Previous Business Interests
|
Average Age of
Previous Business |
26 Years |
|
Company Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
|
BATLHAKO FERROCHROME (PTY)LTD |
M1985/070455/07 |
In
Business |
29 Years 5 Months |
0 |
No |
|
BOGGIES AANDELEBLOK
LTD |
M1985/005092/06 |
In
Business |
29 Years 5 Months |
0 |
No |
|
BOPHUTHATSWANA
CHROME COMPANY (PTY)LTD |
M1979/070020/07 |
Deregistration
Final |
35
Years 11 Months |
0 |
No |
|
CROMETALS
(PTY)LTD |
M1973/004916/07 |
In
Business |
41 Years 5 Months |
0 |
No |
|
MARICO CHROME CORPORATION (PTY)LTD |
M1978/005144/07 |
In
Business |
|
0 |
No |
|
MIDDELBURG TECHNOCHROME (PTY)LTD |
M1995/004092/07 |
In
Business |
19
Years 7 Months |
0 |
No |
|
NST
FERROCHROME (PTY)LTD |
M1971/010987/07 |
In
Business |
43 Years 7 Months |
0 |
No |
|
POSCHROME
(PTY)LTD |
M1996/008582/07 |
In
Business |
18
Years 6 Months |
0 |
No |
PRINCIPAL - 8 OF 8
NICOLAAS VAN DER WALT
|
Surname |
VAN DER WALT |
|
First Name |
NICOLAAS |
|
Other Names |
None |
|
Marital Status |
|
|
ID Number |
5005275051088 |
|
Verified ID Number |
No |
|
Current Age |
64 Years 3 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1989/09/15 |
|
Physical Address (at time of Appointment) |
23 ELEVENTH STREET, MENLO PARK, 0081 |
|
Postal Address |
P OBOX 35554, MENLO PARK, 0102 |
|
Current Tel Number |
0112451021 |
|
Cell number |
|
|
Shareholding/Membership |
0.00 |
BUSINESS INFORMATION FOR NICOLAAS VAN DER WALT
PRINCIPAL CURRENT BUSINESS INTERESTS
|
Company Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
|
FERROMETALS
LTD |
M1949/032784/06 |
Deregistration
Final |
65 Years 5 Months |
0 |
No |
|
SAMANCOR CHROME
LTD |
M1970/003898/06 |
Deregistration
Process |
44 Years 8 Months |
0 |
No |
|
TECH
PRO ENGINEERING CONSULTANTS CC |
B2000/037504/23 |
Deregistration
Final |
14 Years 2 Months |
0 |
No |
Principal Previous Business Interests
|
Average Age of
Previous Business |
14 Years |
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
FERROVELD (PTY)LTD |
M1974/003581/07 |
Deregistration Process |
40 Years 4 Months |
0 |
No |
|
IKHWESI WILDPLAAS CC |
B1990/029051/23 |
Deregistration Process |
|
0 |
No |
|
POSCHROME (PTY)LTD |
M1996/008582/07 |
In Business |
18 Years 6 Months |
0 |
No |
|
TOLLMET CC |
B2002/036264/23 |
In Business |
|
0 |
No |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.05 |
|
|
1 |
Rs.101.84 |
|
Euro |
1 |
Rs.81.55 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
TPT |
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.