MIRA INFORM REPORT

 

 

Report Date :

04.02.2014

 

IDENTIFICATION DETAILS

 

Name :

CAPE HERB AND SPICE (PTY) LTD

 

 

Formerly Known As :

CALSHELF INVESTMENTS 189

 

 

Registered Office :

50 Bell Crescent, Westlake Business Park, CAPE TOWN, Western Cape

 

 

Country :

South Africa

 

 

Date of Incorporation :

18.02.2008

 

 

Com. Reg. No.:

M2008/004124/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Engaged in the manufacturing, blending, packaging and selling of herbs and spices also a tea division

 

 

No of Employees :

245

 

 

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 – december 01, 2013

 

Country Name

Previous Rating

(30.09.2013)

Current Rating

(01.12.2013)

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. 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

CAPE HERB AND SPICE (PTY)LTD

Country

South Africa

Enquiry Terms

COD

Account Review

Recommended Every 6 Months

Subject Contact Person

NATASHA LANGHIRN - Management Accountant

Assessment

On investigation contact was made with NATASHA LANGHIRN, the management accountant who assisted with most of the information. The subject is meeting commitments timeously with suppliers.  Please see the information obtained below.

 

 

Company Information

 

Registered Name

CAPE HERB AND SPICE (PTY)LTD

Trading as/ Division Name

CAPE HERB AND SPICE

Previous Name

CALSHELF INVESTMENTS 189

Date of Name Change

2009-01-09

Registration Number

M2008/004124/07

Registration Date

2008/02/18

Date Commenced Trading

2008-02-18

Age of Business

4 Years

History of Business

The subject commenced active operations when it incorporated the trading operation and assets of a company namely CAPE HERB AND SPICE MANUFACTURING (PTY) LTD - registration certificate number: 2005/0626757/07. It was however subsequently deregistered.

History of Principals

The shareholding changed from the directors to the current shareholders in 2008.

Shareholders/Members/Partners of subject and % holding

70 % - LIBERTY STAR CONSUMER HOLDINGS (PTY) LTD -registration certificate number 2005/019820/07, 20 % - OLIVE ROOS TRUST, 10 % - P JIBSON

Authorised Share Capital

R 1.00

Issued Share Capital/Members Contribution

R1000.00

Status

In Business

Operations Assessment

The subject's main operation is the manufacturing, blending, packaging and selling of herbs and spices also a tea division.

Industry/ Customers

Major retailers and the general public.

Export

Yes

Export Countries

Australia, Canada

Import

Yes

Major Industry Code / SICC

30499

Definition of Code

Manufacture of spices condiments vinegar yeast & other food products NEC

Head Office Physical Address

50 Bell Crescent, Westlake Business Park, CAPE TOWN, Western Cape

Head Office Postal Address

Private Bag X28, CONSTANTIA, 7848

Current Tel Number

0217015140

Cell Number

Unavailable

Current Fax Number

0217015148

Current Email Address

info@capeherb.com

Web Site Address

www.capeherb.com

 

 

Auditors Information

 

Company Registered Name

MORE STEPHENS BKV INC

Trading Name

MORE STEPHENS

Registration Number

2002/031472/21

Physical Address

The Gate Way, Century City, CAPE TOWN, Western Cape

Postal Address

P O BOX 1955, CAPE TOWN, 8000

Contact Person

ALLAN BALLSON

Contact Number

0215258600

Email

allan@ctn.moorestephans.co.za

Principals

6

Judgements Against Subject

Unavailable

Judgements Against Principals

Unavailable

Subject Verified as Client

Yes

Practice Number

00000

VAT Number

4930205184

Tax Number

9609215158

BEE Status

Level 5

Financial Year End

February

No of years in Business

8 - 10 Years

Website

www.moorestephens.co.za

 

 

Tax Information

 

Vat Number

4830249845

Status

ACTIVE

Vat Liable Date

2008/03/01

Tax Number

9255782162

Tax Clearance Expire Date

2014/10/02

Financial Year End

December

 

Black Economic Empowerment

 

Status

Yes

Score

7.00

Expire Date

Oct 2 2014

 

ISO Status

 

Comment

The subject declined to provide the above information

 

 

Workman’s compensation

 

Registered

Yes

Compliance Certified

Yes

 

 

Company Structure

 

Subsidiaries

 

Subsidiary Company

KALK BAY FOODS (PTY) LTD

Shareholding

33 %

Registration Number

2008/004124/07

Import / Export

The importing and exporting of corporate gifts and food

 

 

Employees

 

Number of Employees

245

1. Salaried employees

150

2. Waged employees

95

3. Permanent employees

150

4. Casual employees

95

 

Company Fleet

 

Company Fleet

No of vehicles:

Ownerd/Leased

Value

Outstanding Balance

 

The Fleet is made up of

1

 

Light delivery Vehicles

1

Owned

 

 

 

 

Offices

 

Offices

Offices

Head Office Owned/ Rented

Leased

Rental Company

QUANTUM LEAP INVESTEMENTS 386 (PTY)LTD

Lease Agreement

3 Years

Lease Expire Date

December 201

Comment

The premises comprises of administration offices, warehousing and manufacturing facilities

 

Branch Information - No Information on Record

 

Management Overview

 

Organisation Chart

 

Level

Position

Name

1

Group Financial Director

SOLACHANA PATHER

1

Director

IRENE IVY

1

Director

PAUL JIBSON

1

Director

ANDRIES VAN RENSBURG

1

Director

RW SMITH

1

Director

RUFARO DHLEMBE

 

 

Company Structure (Ownership).

Note: One level up and all levels down

 

Holding

Company

70 % - LIBERTY STAR CONSUMER HOLDINGS (PTY) LTD

CAPE HERB AND SPICE (PTY) LTD

20 % - OLIVE ROOS TRUST

CAPE HERB AND SPICE (PTY) LTD

10 % - P JIBSON

CAPE HERB AND SPICE (PTY) LTD

 

 

Key Deals - No Information on Record

 

 

Trade References

 

Trade Reference nr

Supplier

Contact

1

ROTALABEL

0215325540

2

CQP SYFERT

0215352670

3

CTP FLEXIBLE

0215306150

 

Trade References Detail

 

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

23 Years

R1600000.00

R1600000

30 Days

R1600000

30 Days

This is a good account.

2

20 Years

R 500000.00

R 400000

45 Days

R 400000

45 Days

This is a good account

3

6 Years

 

R 250000

30 Days

R 250000

30 Days

This is a good account. The subject

does not have a credit limit with the supplier.

 

Adverse Information on Subject

 

Judgements - No information on record

 

BusinessRescue - No Information on Record

 

Default Listing - No information on record

 

Notarial Bonds - No information on record

 

 

Bank Information

 

Bank

NEDBANK

Branch

Business North Rand

Brach Code

198765

Bank Account Number

1469184265

Type of Account

Current

Account Name

CAPE HERB AND SPICE (PTY) LTD

Overdraft Facilities

Yes, it was stated that the subject enjoys a group overdraft facility.

Bank Code

C - For R 100 000

Bank Comment

The subject's bankers consider them good for all business normal engagements.

 

 

Bank Code History - No Information on Record

 

Previous Bank Account Information - No Information on Record

 

Deeds Information - No information on record

 

 

Financial Information

Financial Estimates

 

CURRENT ASSETS

 

Stock

R 20000000.00

Current Turnover per month

R16666666.00

Current Turnover per annum

R 200000000.00

 

 

Please note the following:

 

Turnover and assets less than R 1,000,000.00

The subject falls within the National Credit Act

Turnover and assets less than R 2,000,000.00

The subject falls within the Consumer Protection Act

 

 

Principals

 

Number of Principals

5

Average Age of Active Principals

49

 

Active Principals

Principal - 1 of 6

SOLACHANA PATHER

 

Surname

PATHER

First Name

SOLACHANA

Other Names

 

Marital Status

 

ID Number

7307220013082

Verified ID Number

Yes

Current Age

40 Years 6 Months

Designation

GROUP FINANCIAL DIRECTOR

Status

Active

Appointment Date

2009/01/01

Physical Address (at time of Appointment)

12 SAN RAPHAEL, RICHARDS ROAD, FOURWAYS, GAUTENG , SOUTH AFRICA, 2055

Postal Address

P O BOX 2834, WITKOPPEN, WITKOPPEN, 2068

Shareholding/Membership

0.00

 

 

Principal's Adverse - No information on record

 

 

Business Information for SOLACHANA PATHER

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

AMBASSADOR FOODS (PTY)LTD

M1999/003519/07

In Business

15 Years 3 Months

0

No

CAPE HERB AND SPICE (PTY)LTD

M2008/004124/07

In Business

6 Years 6 Months

0

No

CONTACTIM (PTY)LTD

K2012/003232/07

In Business

2 Years 2 Months

0

No

ELVIN GROUP (PTY)LTD

K2011/105038/07

In Business

3 Years 3 Months

0

No

GLENMOR SOAP (PTY)LTD

K2011/149475/07

In Business

3 Years 3 Months

0

No

IMAGE Z WISE TRADING (PTY)LTD

K2012/016949/07

In Business

2 Years 2 Months

0

No

LIBERTY STAR CONSUMER HOLDINGS (PTY)LTD

M2005/019820/07

In Business

9 Years 9 Months

0

No

LIBSTAR

MANUFACTURING

SOLUTIONS

(PTY)LTD

M2006/008015/07

In Business

8 Years 8 Months

0

No

MULTI-CUP SOLUTIONS (PTY)LTD

K2011/107240/07

In Business

3 Years 3 Months

0

No

PALPABLE WAY TRADE AND INVEST (PTY)LTD

K2013/102445/07

In Business

1 Years 1 Months

0

No

RIALTO FOODS (PTY)LTD

M2006/018024/07

In Business

8 Years 8 Months

0

No

TONY AMARO

BAKERIES

(PTY)LTD

M2007/013251/07

In Business

7 Years 7 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                8 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

CHET CHEMICALS (PTY)LTD

M2006/007071/07

Deregistration Final

8 Years 8 Months

1

No

JAYEN FINANCIAL

CONSULTANTS

(PTY)LTD

M2003/030281/07

Deregistration Final

11 Years 11 Months

0

No

ORLEY FOODS (PTY)LTD

M2007/002157/07

In Business

7 Years 7 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for SOLACHANA PATHER

 

Title Deed No.

ST18154/2009

Erf/Site No.

503,0

Deeds Office

PRETORIA

Physical Address

KENGIES SANDTON

Property Type

Sectional Title

Extent / Size

64.0SQM

Purchase Date

2008/06/30

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

 

 

Principal - 2 of 6

 

IRENE IVY-SCHUURMANS

 

Surname

IVY-SCHUURMANS

First Name

IRENE

ID Number

6412050154088

Verified ID Number

Yes

Current Age

49 Years 1 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2008/10/01

Physical Address (at time of Appointment)

37 PEPPERTREE ROAD, DEVILS PEAK, CAPE TOWN, 8001

Postal Address

PRIVATE BAG X28, CONSTANTIA, 7848

Current Tel Number

0217881309

Cell number

0834008001

Shareholding/Membership

0.00

 

 

Principal's Adverse - No information on record

 

 

Business Information for IRENE IVY-SCHUURMANS

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

CAPE HERB AND SPICE (PTY)LTD

M2008/004124/07

In Business

6 Years 6 Months

0

No

KALK BAY FOODS (PTY)LTD

M2008/016052/07

In Business

6 Years 6 Months

0

No

PSI PROPERTIES (PTY)LTD

K2012/018369/07

In Business

2 Years 2 Months

0

No

QUANTUM LEAP INVESTMENTS 386 (PTY)LTD

M2000/014631/07

In Business

14 Years 2 Months

0

No

UKUTHEMBA ORGANISATION

M2007/034295/08

In Business

7 Years 7 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                     12 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

CAPE HERB AND SPICE

MANUFACTURING (PTY)LTD

M2005/026757/07

Deregistration Final

9 Years 9 Months

0

No

FASTPULSE TRADING 31 CC

B1994/004341/23

Deregistration Final

20 Years 8 Months

0

No

IMPERIAL CROWN TRADING 55 (PTY)LTD

M2000/018597/07

Deregistration Final

14 Years 2 Months

0

No

SPICE HOLDINGS (PTY)LTD

M2005/043976/07

Deregistration Final

9 Years 9 Months

0

No

THE GATESVILLE GUESTHOUSE CC

B2004/092544/23

In Business

10 Years 10 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for IRENE IVY-SCHUURMANS

 

Title Deed No.

ST20302/2007

Erf/Site No.

90212

Deeds Office

CAPE TOWN

Physical Address

9 LOCH KALK BAY FISH HOEK

Property Type

Sectional Title

Extent / Size

113.0SQM

Purchase Date

2007/04/02

Purchase price

 

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA L

Bond Number

SB128702007

Bond Amount

 

 

 

Property Interests for IRENE IVY-SCHUURMANS

 

Title Deed No.

T117300/2004

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

1253 SILLERY STANFORD STANFORD

Property Type

Freehold

Extent / Size

367.0SQM

Purchase Date

2004/10/26

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

 

 

 

 

 

Property Interests for IRENE IVY-SCHUURMANS

 

Title Deed No.

T117298/2004

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

1251 SILLERY STANFORD STANFORD

Property Type

Freehold

Extent / Size

324.0SQM

Purchase Date

2004/10/26

Purchase price

 

% Ownership

0.00

Bond Holder

 

 

 

Property Interests for IRENE IVY-SCHUURMANS

 

Title Deed No.

T117299/2004

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

1252 SILLERY STANFORD STANFORD

Property Type

Freehold

Extent / Size

332.0SQM

Purchase Date

2004/10/26

Purchase price

 

% Ownership

0.00

Bond Holder

 

 

Principal - 3 of 6

 

PAUL JIBSON

 

Surname

JIBSON

First Name

PAUL

ID Number

7211305183085

Verified ID Number

Yes

Current Age

41 Years 2 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2008/10/01

Physical Address (at time of Appointment)

44 MALGAS ROAD, FLAMINGO VLEI, TABLE VIEW, 7441

Postal Address

PO BOX 8243, ROGGEBAAI, 8012

Current Tel Number

0217052974

Cell number

0834071762

Shareholding/Membership

0.00

 

 

Principal's Adverse - No information on record

 

 

Business Information for PAUL JIBSON

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

CAPE HERB AND SPICE (PTY)LTD

M2008/004124/07

In Business

6 Years 6 Months

0

No

KALK BAY FOODS (PTY)LTD

M2008/016052/07

In Business

6 Years 6 Months

0

No

PSI PROPERTIES (PTY)LTD

K2012/018369/07

In Business

2 Years 2 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                          10 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

CAPE HERB AND SPICE

MANUFACTURING (PTY)LTD

M2005/026757/07

Deregistration Final

9 Years 9 Months

0

No

IMPERIAL CROWN TRADING 55 (PTY)LTD

M2000/018597/07

Deregistration Final

14 Years 2 Months

0

No

SPICE HOLDINGS (PTY)LTD

M2005/043976/07

Deregistration Final

9 Years 9 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for PAUL JIBSON

 

Title Deed No.

ST1786/2001

Erf/Site No.

4027

Deeds Office

CAPE TOWN

Physical Address

PINELANDS CAPE TOWN

Property Type

Sectional Title

Extent / Size

52.0SQM

Purchase Date

2000/11/30

Purchase price

 

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA L

Bond Number

SB10442001

Bond Amount

 

 

 

Property Interests for PAUL JIBSON

 

Title Deed No.

T17599/2008

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

59 STEENOVEN BOTHASIG MILNERTON

Property Type

Freehold

Extent / Size

595.0SQM

Purchase Date

2007/12/19

Purchase price

 

% Ownership

0.00

Bond Holder

A B S A BANK LTD

Bond Number

B168942008

Bond Amount

 

 

 

 

Property Interests for PAUL JIBSON

 

Title Deed No.

T27974/2006

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

44 MALGAS FLAMINGO VLEI MILNERTON

Property Type

Freehold

Extent / Size

704.0SQM

Purchase Date

2005/12/06

Purchase price

 

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA L

Bond Number

B385412006

Bond Amount

 

 

 

Principal - 4 of 6

 

ROBIN SMITH

 

Surname

SMITH

First Name

ROBIN

Other Names

W

ID Number

5810075108081

Verified ID Number

Yes

Current Age

55 Years 3 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2008/06/01

Physical Address (at time of Appointment)

16 5TH AVENUE, HOUGHTON, GAUTENG, SOUTH AFRICA, 2198

Postal Address

P O BOX 630, NORTHLANDS, 2196

Current Tel Number

0114476664

Cell number

0829096883

Shareholding/Membership

0.00

 

 

Principal's Adverse - No information on record

 

 

Business Information for ROBIN SMITH

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

16 HANS PIROW STREET PROPERTIES (PTY)LTD

M1994/005455/07

Deregistration Process

20 Years 8 Months

0

No

AMBASSADOR FOODS (PTY)LTD

M1999/003519/07

In Business

15 Years 3 Months

0

No

CAPE HERB AND SPICE (PTY)LTD

M2008/004124/07

In Business

6 Years 6 Months

0

No

DESERT CHARM TRADING 180 (PTY)LTD

M2002/021100/07

In Business

0

0

No

FINLAR FINE FOODS (PTY)LTD

M2007/015046/07

In Business

7 Years 7 Months

0

No

FINLAR FOODS (PTY)LTD

M1994/001723/07

Deregistration Process

20 Years 8 Months

0

No

GOURMET CONSUMER HOLDINGS (PTY)LTD

M2006/021001/07

In Business

8 Years 8 Months

0

No

GREEN VALLEY FOOD PRODUCTS (PTY)LTD

M1989/001911/07

Deregistration Process

25 Years 1 Months

0

No

KALK BAY FOODS (PTY)LTD

M2008/016052/07

In Business

6 Years 6 Months

0

No

LANCEWOOD

HOLDINGS

(PTY)LTD

M2008/013735/07

In Business

6 Years 6 Months

0

No

LANCEWOOD

PROPERTIES

(PTY)LTD

M1999/002718/07

In Business

15 Years 3 Months

0

No

LIBERTY STAR CONSUMER HOLDINGS (PTY)LTD

M2005/019820/07

In Business

9 Years 9 Months

0

No

LIBSTAR FOOD

SOLUTIONS

(PTY)LTD

M2006/007254/07

In Business

8 Years 8 Months

1

No

LIBSTAR

MANUFACTURING

SOLUTIONS

(PTY)LTD

M2006/008015/07

In Business

8 Years 8 Months

0

No

MONTAGU FOODS CC

B2001/024284/23

Conversion CO/CC or CC/CO

13 Years 1 Months

0

No

MULLINS FOOD PRODUCTS SOUTH AFRICA (PTY)LTD

M1995/013648/07

Deregistration Process

19 Years 7 Months

0

No

NEAREST MILE TRADING (PTY)LTD

M1970/016292/07

In Business

44 Years 8 Months

0

No

PC PACKAGING (PTY)LTD

M2010/000742/07

In Business

4 Years 4 Months

0

No

RETAILER BRANDS

MARKETING

(PTY)LTD

M1988/001837/07

Deregistration Process

26 Years 2 Months

0

No

RIALTO BRANDS (PTY)LTD

M2008/005520/07

In Business

6 Years 6 Months

0

No

RIALTO FOODS (PTY)LTD

M2006/018024/07

In Business

8 Years 8 Months

0

No

THE BLENDERS (PTY)LTD

M2002/030170/07

In Business

0

0

No

THE NEW NATION PIZZA COMPANY (AFRICA) (PTY)LTD

M1997/005644/07

AR Final Deregistration

17 Years 5 Months

1

No

THE TEA BLENDERS COMPANY (PTY)LTD

M1949/033266/07

In Business

65 Years 5 Months

0

No

TONY AMARO

BAKERIES

(PTY)LTD

M2007/013251/07

In Business

7 Years 7 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                      15 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

10 LANDSBOROUGH (PTY)LTD

M1953/000925/07

Deregistration Final

61 Years 1 Months

0

No

BAVARIA BEVERAGES (SOUTH AFRICA) (PTY)LTD

M1998/024331/07

In Liquidation

16 Years 4 Months

0

Yes

BRAIT ADVISORY SERVICES LTD

M1995/005372/06

Dissolved

19 Years 7 Months

0

No

BRAIT SOUTH AFRICA LTD

M1960/003893/06

In Business

54 Years 6 Months

0

No

BROOKFIELD INVESTMENTS 66 (PTY)LTD

M2001/000785/07

Deregistration Final

13 Years 1 Months

0

No

CALSHELF INVESTMENTS 139 (PTY)LTD

M2006/026160/07

Deregistration Final

8 Years 8 Months

0

No

CAPE HERB AND SPICE

MANUFACTURING (PTY)LTD

M2005/026757/07

Deregistration Final

9 Years 9 Months

0

No

CATALYST

MANUFACTURING

(PTY)LTD

M2006/026162/07

Deregistration Final

8 Years 8 Months

0

No

CATALYST OUTSOURCE MANAGEMENT (PTY)LTD

M2006/020704/07

Deregistration Final

8 Years 8 Months

0

No

CHET CHEMICALS (PTY)LTD

M2006/007071/07

Deregistration Final

8 Years 8 Months

1

No

CHET INDUSTRIES LTD

M1997/013498/06

Deregistration Process

17 Years 5 Months

0

No

DICKON HALL FOODS (PTY)LTD

M2005/019271/07

Deregistration Final

9 Years 9 Months

0

No

HAWK''S LANDING INVESTMENTS 29 (PTY)LTD

2007/016115/07

In Business

7 Years 7 Months

0

No

KAGO CAPITAL (PTY)LTD

M2003/001402/07

In Business

11 Years 11 Months

0

No

LOT 85 SOUTHBROOM (PTY)LTD

M2002/010666/07

Deregistration Final

 

0

No

METRA HOLDINGS (PTY)LTD

M1999/010637/07

Deregistration Final

15 Years 3 Months

1

No

MULTI-CUP SOLUTIONS (PTY)LTD

K2011/107240/07

In Business

3 Years 3 Months

0

No

ORLEY FOODS (PTY)LTD

M2007/002157/07

In Business

7 Years 7 Months

0

No

POWERCHUTE SOUTH AFRICA (PTY)LTD

M1993/002928/07

Deregistration Final

21 Years 9 Months

0

No

RABIN VAN DEN BERG AND PELKOWITZ ADVISORY SERVICES (PTY)LTD

M1999/017244/07

Dissolved

15 Years 3 Months

0

No

RIBWORLD (PTY)LTD

2007/005300/07

Voluntary Liquidation

7 Years 7 Months

0

Yes

 

 

Principal Deeds Information

 

Property Interests for ROBIN SMITH

 

Title Deed No.

T29830/2010

Erf/Site No.

 

Deeds Office

JOHANNESBURG

Physical Address

MELROSE JOHANNESBURG

Property Type

Freehold

Extent / Size

1200.0SQM

Purchase Date

2010/02/03

Purchase price

 

% Ownership

0.00

Bond Holder

INVESTEC BANK LTD

Bond Number

B227102010

Bond Amount

 

 

 

Property Interests for ROBIN SMITH

 

Title Deed No.

T54888/2011

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

4 PIEKESIG MOSTERTSDRIFT STELLENBOSCH

Property Type

Freehold

Extent / Size

375.0SQM

Purchase Date

2011/08/13

Purchase price

 

% Ownership

0.00

Bond Holder

 

 

 

Principal - 5 of 6

 

ANDRIES VAN RENSBURG

 

Surname

VAN RENSBURG

First Name

ANDRIES

Other Names

VLOK

ID Number

5410185141005

Verified ID Number

Yes

Current Age

59 Years 3 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2008/06/01

Physical Address (at time of Appointment)

95 KOMMISSIONER STREET, WELGEMOED, 7530

Postal Address

P O BOX 630, NORTHLANDS, GAUTENG, 2116

Current Tel Number

0112605130

Cell number

0832779002

Shareholding/Membership

0.00

 

 

Principal's Adverse - No information on record

 

 

Business Information for ANDRIES VAN RENSBURG

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

16 HANS PIROW STREET PROPERTIES (PTY)LTD

M1994/005455/07

Deregistration Process

20 Years 8 Months

0

No

AMBASSADOR FOODS (PTY)LTD

M1999/003519/07

In Business

15 Years 3 Months

0

No

CAPE HERB AND SPICE (PTY)LTD

M2008/004124/07

In Business

6 Years 6 Months

0

No

DESERT CHARM TRADING 180 (PTY)LTD

M2002/021100/07

In Business

0

0

No

FINLAR FINE FOODS (PTY)LTD

M2007/015046/07

In Business

7 Years 7 Months

0

No

FINLAR FOODS (PTY)LTD

M1994/001723/07

Deregistration Process

20 Years 8 Months

0

No

GOURMET CONSUMER HOLDINGS (PTY)LTD

M2006/021001/07

In Business

8 Years 8 Months

0

No

GREEN VALLEY FOOD PRODUCTS (PTY)LTD

M1989/001911/07

Deregistration Process

25 Years 1 Months

0

No

HAWK''S LANDING INVESTMENTS 29 (PTY)LTD

2007/016115/07

In Business

7 Years 7 Months

0

No

IMAGE Z WISE TRADING (PTY)LTD

K2012/016949/07

In Business

2 Years 2 Months

0

No

LANCEWOOD

HOLDINGS

(PTY)LTD

M2008/013735/07

In Business

6 Years 6 Months

0

No

LANCEWOOD

PROPERTIES

(PTY)LTD

M1999/002718/07

In Business

15 Years 3 Months

0

No

LIBERTY STAR CONSUMER HOLDINGS (PTY)LTD

M2005/019820/07

In Business

9 Years 9 Months

0

No

LIBSTAR FOOD

SOLUTIONS

(PTY)LTD

M2006/007254/07

In Business

8 Years 8 Months

1

No

LIBSTAR

MANUFACTURING

SOLUTIONS

(PTY)LTD

M2006/008015/07

In Business

8 Years 8 Months

0

No

MONTAGU FOODS CC

B2001/024284/23

Conversion CO/CC or CC/CO

13 Years 1 Months

0

No

MULLINS FOOD PRODUCTS SOUTH AFRICA (PTY)LTD

M1995/013648/07

Deregistration Process

19 Years 7 Months

0

No

PC PACKAGING (PTY)LTD

M2010/000742/07

In Business

4 Years 4 Months

0

No

RETAILER BRANDS

MARKETING

(PTY)LTD

M1988/001837/07

Deregistration Process

26 Years 2 Months

0

No

RIALTO BRANDS (PTY)LTD

M2008/005520/07

In Business

6 Years 6 Months

0

No

RIALTO FOODS (PTY)LTD

M2006/018024/07

In Business

8 Years 8 Months

0

No

THE BLENDERS (PTY)LTD

M2002/030170/07

In Business

0

0

No

THE NEW NATION PIZZA COMPANY (AFRICA) (PTY)LTD

M1997/005644/07

AR Final Deregistration

17 Years 5 Months

1

No

THE TEA BLENDERS COMPANY (PTY)LTD

M1949/033266/07

In Business

65 Years 5 Months

0

No

TONY AMARO

BAKERIES

(PTY)LTD

M2007/013251/07

In Business

7 Years 7 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                 27 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

10 LANDSBOROUGH (PTY)LTD

M1953/000925/07

Deregistration Final

61 Years 1 Months

0

No

CAPE HERB AND SPICE

MANUFACTURING (PTY)LTD

M2005/026757/07

Deregistration Final

9 Years 9 Months

0

No

CASTELLANO

HOMEOWNERS

ASSOCIATION

M2001/024586/08

In Business

13 Years 1 Months

0

No

CATALYST OUTSOURCE MANAGEMENT (PTY)LTD

M2006/020704/07

Deregistration Final

8 Years 8 Months

0

No

CHET CHEMICALS (PTY)LTD

M2006/007071/07

Deregistration Final

8 Years 8 Months

1

No

CHET INDUSTRIES LTD

M1997/013498/06

Deregistration Process

17 Years 5 Months

0

No

DICKON HALL FOODS (PTY)LTD

M2005/019271/07

Deregistration Final

9 Years 9 Months

0

No

FEEL GOOD ENTERTAINMENT CC

B2003/011921/23

Deregistration Final

11 Years 11 Months

0

No

LANGEBERG FOOD PROCESSORS LTD

M1981/000482/06

Deregistration Final

33 Years 9 Months

1

No

LANGEBERG FOODS AFRICA LTD

M1936/008468/06

In Business

78 Years 6 Months

0

No

LANGEBERG HOLDINGS LTD

M1930/002265/06

In Business

 

0

No

LESCHACO (PTY)LTD

M1985/003110/07

In Business

29 Years 5 Months

0

No

MAHOGONY ROSE INVESTMENTS 16 (PTY)LTD

M2003/027650/07

Deregistration Final

11 Years 11 Months

0

No

MGK BUSINESS INVESTMENTS LTD

M1998/001621/06

In Business

16 Years 4 Months

0

No

NATIONAL ASSOCIATION OF MAIZE MILLERS

M1954/003360/08

Deregistration Final

 

0

No

NATIONAL CEREAL HOLDINGS (PTY)LTD

M1997/006408/07

In Business

17 Years 5 Months

0

No

NATIONAL CEREAL INDUSTRIES (PTY)LTD

M1975/001533/07

Deregistration Final

39 Years 3 Months

0

No

NATIONAL CEREAL

INVESTMENT

(PTY)LTD

M1996/018167/07

Deregistration Process

18 Years 6 Months

0

No

NATIONAL CHAMBER OF MILLING

M1936/008920/08

In Business

78 Years 6 Months

0

No

NATIONAL RICE (PTY)LTD

M1997/003995/07

In Business

17 Years 5 Months

0

No

PETS PRODUCTS (PTY)LTD

M1997/009230/07

In Business

17 Years 5 Months

0

No

TIGER CONSUMER BRANDS LTD

M1972/006590/06

In Business

42 Years 6 Months

0

No

TIGER FOOD BRANDS INTELLECTUAL PROPERTY HOLDING COMPANY (PTY)LTD

M1976/000807/07

In Business

38 Years 2 Months

0

No

TIGER FOODS LTD

M1932/004048/06

Deregistration Final

82 Years 10 Months

0

No

 

 

Principal - 6 of 6

 

RUFARO DHLEMBE

 

Surname

DHLEMBE

First Name

RUFARO

Designation

DIRECTOR

Status

Active

 

 

Principal's Adverse - No information on record

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs. 62.68

UK Pound

1

Rs. 102.96

Euro

1

Rs. 84.57

 

 

INFORMATION DETAILS

 

Report Prepared by :

DPT

 

 

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.