MIRA INFORM REPORT

 

 

Report Date :

12.02.2014

 

IDENTIFICATION DETAILS

 

Name :

OMNIA GROUP (PTY) LTD

 

 

Registered Office :

Omnia House, Epsom Downs Office Park, 13 Sloane Street, Epsom Downs, Bryanston, PO Box 69079, Bryanston, 2021

 

 

Country :

South Africa

 

 

Date of Incorporation :

10.05.2006

 

 

Com. Reg. No.:

M2006/013996/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Manufacture of other chemical products

 

 

No. of Employees :

3017

 

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 – September 30, 2013

 

Country Name

Previous Rating

(30.06.2013)

Current Rating

(30.09.2013)

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

 

 

Company name and address

 

Subject Name

PROTEA CHEMICALS - A division of OMNIA GROUP (PTY) LTD

Country

South Africa

Requested Credit Limit

$ 15000000.00

Enquiry Terms

COD

Account Review

Recommended Every 3 Months

Subject Contact Person

Human Resources

Assessment

This is a well-established and well -connected business. On investigation numerous attempts to obtain the required information proved unsuccessful. We were informed that the human resource department will be able to assist to, no avail. The subject commenced trading as a division of OMNIA GROUP (PTY) LTD in 2003. We are awaiting further contact details from the company so we may then investigate further. Please find the group financials attached. Please see the available information obtained on the subject below.

 

 

Company information

 

Registered Name

OMNIA GROUP (PTY)LTD

Trading as/ Division Name

PROTEA CHEMICALS

Previous Name

Unavailable

Date of Name Change

2007-05-07

Registration Number

M2006/013996/07

Registration Date

2006/05/10

Date Commenced Trading

2006-05-10

Age of Business

7 Years 9 Months

History of Business

The subject commenced trading as a division of OMNIA GROUP (PTY) LTD in 2003.

History of Principals

Unavailable

Shareholders/Members/Partners of subject and % holding

100 % - OMNIA GROUP (PTY) LTD

Authorised Share Capital

R1000.00

Issued Share Capital/Members Contribution

R 100.00

Status

In Business

Operations Assessment

The largest manufacturer and distributor of speciality, functional and effect chemicals and polymers in Southern Africa.

Industry/ Customers

The chemical industry including the mining industry.

Export

Unknown

Export Countries

 

Import

Unknown

Import Countries

 

Major Industry Code / SICC

33599

Definition of Code

Manufacture of other chemical products n.e.c.

Head Office Physical Address

Omnia House, Epsom Downs Office Park, 13 Sloane Street, Epsom Downs, BRYANSTON, SOUTH AFRICA

Head Office Postal Address

PO Box 69079, BRYANSTON, 2021

Current Tel Number

0128049646

Cell Number

Unavailable

Current Fax Number

Unavailable

Current Email Address

Unavailable

Web Site Address

www.omnia.co.za

Comments

The address provided namely : 249 Dyson Road, Wadeville, 1422 Extension - 1 Germiston, belongs to a company by the name of PROTEA SPECIALTY CHEMICALS (PTY) LTD

 

 

Auditor information

 

Company Registered Name

PRICE WATERHOUSECOOPERS INC

Trading Name

PWC

Registration Number

M1998/012055/21

Physical Address

TWO EGLIN ROAD, SUNNINGHILL, 2157

Postal Address

PRIVATE BAG X36, SUNNINGHILL, 2157

Contact Person

Unavailable

Contact Number

Unavailable

Email

Unavailable

Principals

288

Judgements Against Subject

None On Record

Judgements Against Principals

Unavailable

Subject Verified as Client

Yes

Practice Number

904198

VAT Number

4950174682

Tax Number

9343032844

BEE Status

Unavailable

Financial Year End

June

No of years in Business

Unavailable

Website

www.pwc.co.za

Comment

 

 

 

Previous Auditors Information - No Information on Record

 


 

Tax information

 

Vat Number

4680233469

Status

ACTIVE

Vat Liable Date

2007/01/01

Tax Number

9809860142

Tax Clearance Expire Date

 

Financial Year End

March

Comment

 

Black Economic Empowerment

Status

Yes

Score

3.00

Expire Date

Jul 22014

BEE Certificate Available

Yes

Comment

 

ISO Status

Type of ISO Grade

9002

ISO Certificate

Yes

ISO Certificate Available

No

Certified by an Accredited Agent

Yes

Comment

 

 

Work Mans Information - No Information on Record

 

 

Company Structure

 

Subsidiaries Information - No Information on Record

 

Employees

Number of Employees

3017

 

Company Fleet Information - No Information on Record

 

 

Offices Information - No Information on Record

 

Branch Information - No Information on Record


 

Management Overview

 

Organisational Ohart - No In formation on Record

 

 

Company Structure (Ownership)

 

Holding

Company

Sub

Comment

100 % - OMNIA GROUP (PTY) LTD

PROTEA CHEMICALS

 

 

 

Key Deals - No Information on Record

 

Trade References Information - No Information on Record

 

Adverse Information on Subject

 

Judgements - No information on record

 

 

Business Rescue

Date registered

Business rescue practitioner

Contact Information

Details

Comment

 

THERE IS NO INFORMATION FOUND ON FILE

No Information on Record

No Information on Record

No Information on Record

 

 

Default Listing - No information on record

 

Notarial Bonds

Date

Details

Comment

 

THERE IS NO INFORMATION FOUND ON FILE

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

 

Title Deed No.

T4554/2012

Erf/Site No.

 

Deeds Office

MPUMALANGA

Physical Address

ALBERT LUTHULI RURAL

Property Type

Farms

Extent / Size

9.115H

Purchase Date

2012/02/22

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T73870/2012

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

36 BRICKLEY PRETORIUSSTAD NIGEL

Property Type

Freehold

Extent / Size

2.1081H

Purchase Date

2011/11/03

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T73870/2012

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

47 JOHNSON PRETORIUSSTAD NIGEL

Property Type

Freehold

Extent / Size

5073.0SQM

Purchase Date

2011/11/03

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

 

Title Deed No.

T73870/2012

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

48 BRICKLEY PRETORIUSSTAD NIGEL

Property Type

Freehold

Extent / Size

6445.0SQM

Purchase Date

2011/11/03

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T16892/2011

Erf/Site No.

 

Deeds Office

BLOEMFONTEIN

Physical Address

 

Property Type

Freehold

Extent / Size

7.9652H

Purchase Date

2011/07/20

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T737/2012

Erf/Site No.

 

Deeds Office

BLOEMFONTEIN

Physical Address

 

Property Type

Freehold

Extent / Size

32.3909H

Purchase Date

2010/10/14

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

K442012S

Bond Amount

 

Comment

 

 

 

Title Deed No.

T42528/2010

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

80 PENDLEBURY MOBENI DURBAN SOUTH

Property Type

Freehold

Extent / Size

5509.0SQM

Purchase Date

2010/01/29

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T42528/2010

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

MOBENI DURBAN SOUTH

Property Type

Freehold

Extent / Size

278.0SQM

Purchase Date

2010/01/29

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T42528/2010

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

90 CREWE MOBENI DURBAN SOUTH

Property Type

Freehold

Extent / Size

9682.0SQM

Purchase Date

2010/01/29

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T42528/2010

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

MOBENI DURBAN SOUTH

Property Type

Freehold

Extent / Size

4292.0SQM

Purchase Date

2010/01/29

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Title Deed No.

T4899/2010

Erf/Site No.

 

Deeds Office

MPUMALANGA

Physical Address

DELMAS RURAL

Property Type

Farms

Extent / Size

130.268H

Purchase Date

2008/09/25

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

 

Title Deed No.

T25834/2009

Erf/Site No.

 

Deeds Office

BLOEMFONTEIN

Physical Address

551 JOHAN KOTZE WESSELSBRON WESSELSBRON

Property Type

Freehold

Extent / Size

4218.0SQM

Purchase Date

2007/04/17

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

 

Title Deed No.

T47675/2009

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

63 KYALAMI KILLARNEY GARDENS MILNERTON

Property Type

Freehold

Extent / Size

5579.0SQM

Purchase Date

 

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

 

Title Deed No.

T38219/2009

Erf/Site No.

 

Deeds Office

JOHANNESBURG

Physical Address

247 DYSON WADEVILLE GERMISTON

Property Type

Freehold

Extent / Size

11849.0H

Purchase Date

 

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

K3531967S

Bond Amount

 

Comment

 

 

Title Deed No.

T38219/2009

Erf/Site No.

 

Deeds Office

JOHANNESBURG

Physical Address

247 DYSON WADEVILLE GERMISTON

Property Type

Freehold

Extent / Size

6937.0SQM

Purchase Date

 

Purchase price

 

% Ownership

0.00

Bond Holder

CONDOPROPS 2 PTY LTD

Bond Number

VA33362002

Bond Amount

 

Comment

 

 

Title Deed No.

T14532/2009

Erf/Site No.

 

Deeds Office

MPUMALANGA

Physical Address

HECTORSPRUIT MALELANE

Property Type

Freehold

Extent / Size

1943.0SQM

Purchase Date

 

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

K1051968L

Bond Amount

 

Comment

 

 

 

Title Deed No.

T14532/2009

Erf/Site No.

 

Deeds Office

MPUMALANGA

Physical Address

HECTORSPRUIT MALELANE

Property Type

Freehold

Extent / Size

2037.0SQM

Purchase Date

 

Purchase price

 

% Ownership

0.00

Bond Holder

OMNIA FERTILIZER LTD

Bond Number

VA99682000

Bond Amount

 

Comment

 

Title Deed No.

T14532/2009

Erf/Site No.

 

Deeds Office

MPUMALANGA

Physical Address

HECTORSPRUIT MALELANE

Property Type

Freehold

Extent / Size

1943.0SQM

Purchase Date

 

Purchase price

 

% Ownership

0.00

Bond Holder

OMNIA FERTILIZER LTD

Bond Number

VA99682000

Bond Amount

 

Comment

 

 

Title Deed No.

T14532/2009

Erf/Site No.

 

Deeds Office

MPUMALANGA

Physical Address

HECTORSPRUIT MALELANE

Property Type

Freehold

Extent / Size

3846.0SQM

Purchase Date

 

Purchase price

 

% Ownership

0.00

Bond Holder

OMNIA FERTILIZER LTD

Bond Number

VA99682000

Bond Amount

 

Comment

 

 

Title Deed No.

T14532/2009

Erf/Site No.

 

Deeds Office

MPUMALANGA

Physical Address

HECTORSPRUIT MALELANE

Property Type

Freehold

Extent / Size

1725.0SQM

Purchase Date

 

Purchase price

 

% Ownership

0.00

Bond Holder

OMNIA FERTILIZER LTD

Bond Number

VA99682000

Bond Amount

 

Comment

 

 

Title Deed No.

T14532/2009

Erf/Site No.

 

Deeds Office

MPUMALANGA

Physical Address

HECTORSPRUIT MALELANE

Property Type

Freehold

Extent / Size

2453.0SQM

Purchase Date

 

Purchase price

 

% Ownership

0.00

Bond Holder

OMNIA FERTILIZER LTD

Bond Number

VA99682000

Bond Amount

 

Comment

 

 

 

Title Deed No.

T4950/2010

Erf/Site No.

 

Deeds Office

BLOEMFONTEIN

Physical Address

NKETOANA RURAL

Property Type

Farms

Extent / Size

108.4038H

Purchase Date

 

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

 

Principals

 

Title Deed No.

T4949/2010

Erf/Site No.

 

Deeds Office

BLOEMFONTEIN

Physical Address

NKETOANA RURAL

Property Type

Farms

Extent / Size

5.3556H

Purchase Date

 

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Number of Principals

6

Average Age of Active Principals

49

Active Principals Principal - 1 of 6 ZAAHIR ELIAS

Surname

ELIAS

First Name

ZAAHIR

Other Names

 

Marital Status

 

ID Number

7405095149088

Verified ID Number

Yes

Current Age

39 Years 9 Months

Designation

CHARTERED ACCOUNTANT

Status

Active

Appointment Date

2012/08/01

Physical Address (at time of Appointment)

1 MELLES VILLAGE PHASE 11, 11 HILTON STREET, ELDORAIGNE X 26, 0157

Postal Address

P O BOX 69888, BRYANSTON, 2021

Current Tel Number

0128083789

Cell number

0828599986

Shareholding/Membership

0.00

 


 

Business Information for ZAAHIR ELIAS

 

Principal Current Business Interests

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

OMNIA GROUP (PTY)LTD

M2006/013996/07

In Business

8 Years 8 Months

0

No

 

SAKHILE

INITIATIVE 2 LTD

M2009/009274/06

In Business

5 Years 5 Months

0

No

 

SAKHILE INITIATIVE LTD

M2006/029291/06

In Business

8 Years 8 Months

0

No

 

AFRICAN MINING AND TRUST COMPANY LTD

M1931/003633/06

In Business

82 Years 10 Months

0

No

 

ASSMANG LTD

M1935/007343/06

In Business

78 Years 6 Months

0

No

 

ORE AND METAL COMPANY LTD

M1930/002363/06

In Business

83 Years 11 Months

0

No

 

RUSTENBURG

MINERALS

DEVELOPMENT

COMPANY

(PTY)LTD

M1968/002462/07

In Business

45 Years 9 Months

0

No

 

WONDERSTONE LTD

M1935/006371/06

In Business

78 Years 6 Months

0

No

 

ZEERUST CHROME MINES LTD

M1962/001355/06

In Business

51 Years 3 Months

0

No

 

 

Principal Previous Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BIG BUSINESS INNOVATIONS GROUP (PTY)LTD

M2000/002131/07

In Business

14 Years 2 Months

0

No

 

JELLABI

INVESTMENTS CC

B2005/150413/23

Deregistration Final

9 Years 9 Months

0

No

 

NEXUS TRAINING ACADEMY (PTY)LTD

M2005/033941/07

In Business

9 Years 9 Months

0

No

 

OMNINATURALS CC

B1998/065949/23

Deregistration Final

16 Years 4 Months

0

No

 

SAB AND T BUSINESS INNOVATIONS GROUP (NORTH WEST) (PTY)LTD

M2007/005541/07

In Business

7 Years 7 Months

0

No

 

 

 

SAB AND T

CHARTERED

ACCOUNTANTS

(NORTH WEST)

(PTY)LTD

M2007/010152/07

In Business

7 Years 7 Months

0

No

 

SAB AND T CHARTERED ACCOUNTANTS INC

M1997/018869/21

In Business

17 Years 5 Months

0

No

 

SHAKATAK TRADING 10 CC

B2005/034861/23

Deregistration Final

9 Years 9 Months

0

No

 

SHAKATAK TRADING 9 CC

B2005/034858/23

Deregistration Final

9 Years 9 Months

0

No

 

ASSORE LTD

M1950/037394/06

In Business

63 Years 3 Months

0

No

 

MIDNIGHT STORM INVESTMENTS 19 (PTY)LTD

M2003/024697/07

In Business

10 Years 10 Months

0

No

 

MIDNIGHT STORM INVESTMENTS 36 (PTY)LTD

M2003/025889/07

Deregistration Final

10 Years 10 Months

0

No

 

 

Principal Deeds Information

 

 

Property Interests for ZAAHIR ELIAS

Title Deed No.

T9930/1999

Erf/Site No.

0

Deeds Office

PRETORIA

Physical Address

118 CENTURION EAST CENTURION GOLF ESTATE CENTURION

Property Type

Freehold

Extent / Size

706.0SQM

Purchase Date

1998/11/11

Purchase price

 

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B54851999

Bond Amount

 

Comment

 

Property Interests for ZAAHIR ELIAS

Title Deed No.

T31720/2006

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

PEBBLE ROCK GOLF VILLAGE CITY OF TSHWANE RURAL

Property Type

Freehold

Extent / Size

879.0SQM

Purchase Date

2005/08/25

Purchase price

 

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B405992006

Bond Amount

 

Comment

 

Property Interests for ZAAHIR ELIAS

Title Deed No.

ST2184/2008

Erf/Site No.

3061,0

Deeds Office

PRETORIA

Physical Address

11 HILTON ELDORAIGNE CENTURION

Property Type

Sectional Title

Extent / Size

81.0SQM

Purchase Date

2007/10/09

Purchase price

 

% Ownership

0.00

Bond Holder

INVESTEC BANK LTD

Bond Number

SB21792008

Bond Amount

 

Comment

 

 

 

Surname

HAY

First Name

FRANCOIS

Other Names

 

Marital Status

 

ID Number

7003235257083

Verified ID Number

Yes

Current Age

43 Years 11 Months

Designation

MANAGING DIRECTOR

Status

Active

Appointment Date

2007/12/01

Physical Address (at time of Appointment)

06 EBURY CLOSE, BRYANSTON, 2021

Postal Address

P O BOX 69888, BRYANTON, 2021

Current Tel Number

0114633264

Cell number

0832305690

Shareholding/Membership

0.00

 

 

Business Information for FRANCOIS HAY

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

OLD BULK MINING

EXPLOSIVES

(PTY)LTD

M1994/009597/07

In Business

20 Years 8 Months

0

No

 

OMNIA EXPLOSIVES (PTY)LTD

M1980/001193/07

Deregistration Process

34 Years 10 Months

0

No

 

OMNIA GROUP (PTY)LTD

M2006/013996/07

In Business

8 Years 8 Months

0

No

 

OMNIA GROUP INVESTMENTS LTD

M1964/003371/06

In Business

50 Years 2 Months

0

No

 

ASSMANG LTD

M1935/007343/06

In Business

78 Years 6 Months

0

No

 

ORE AND METAL COMPANY LTD

M1930/002363/06

In Business

83 Years 11 Months

0

No

 

 

Principal Previous Business Interests

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

OMNIA PROJECTS (PTY)LTD

M2002/017711/07

Deregistration Final

 

0

No

 

 

 

Principal Deeds Information

 

 

Property Interests for FRANCOIS HAY

Title Deed No.

T84500/2007

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

6 BAILEY MIDSTREAM ESTATE OLIFANTSFONTEIN

Property Type

Freehold

Extent / Size

1050.0SQM

Purchase Date

2007/01/26

Purchase price

 

% Ownership

0.00

Bond Holder

NEDBANK LTD

Bond Number

B1052312007

Bond Amount

 

Comment

 

Property Interests for FRANCOIS HAY

Title Deed No.

ST12769/2006

Erf/Site No.

7

Deeds Office

PRETORIA

Physical Address

5A LOUDOUN NORTHERNACRES SANDTON

Property Type

Sectional Title

Extent / Size

68.0SQM

Purchase Date

2005/08/26

Purchase price

 

% Ownership

0.00

Bond Holder

INVESTEC BANK LTD

Bond Number

SB164062006

Bond Amount

 

Comment

 

 

 

Property Interests for FRANCOIS HAY

 

Title Deed No.

ST149952/2001

Erf/Site No.

7

Deeds Office

PRETORIA

Physical Address

5A LOUDOUN NORTHERNACRES SANDTON

Property Type

Sectional Title

Extent / Size

68.0SQM

Purchase Date

2001/10/25

Purchase price

 

% Ownership

0.00

Bond Holder

INVESTEC BANK LTD

Bond Number

SB973672001

Bond Amount

 

Comment

 

 

 

CELESTE APPOLLIS

 

Surname

APPOLLIS

First Name

CELESTE

Other Names

 

Marital Status

 

ID Number

7106140071083

Verified ID Number

Yes

Current Age

42 Years 8 Months

Designation

 

Status

Active

Appointment Date

2007/11/30

Physical Address (at time of Appointment)

19 ST JOHNS WOOD, BELLAIRS DRIVE, NORTHRIDING, 2025

Postal Address

P O BOX 69888, BRYANSTON, Gauteng, 2021

Current Tel Number

0219875145

Cell number

0844149121

Shareholding/Membership

0.00

 

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

NANOTRON

INVESTMENTS

(PTY)LTD

M2009/009177/07

Deregistration Process

5 Years 5 Months

0

No

 

OMNIA GROUP (PTY)LTD

M2006/013996/07

In Business

8 Years 8 Months

0

No

 

OMNIA GROUP INVESTMENTS LTD

M1964/003371/06

In Business

50 Years 2 Months

0

No

 

OMNIA HOLDINGS LTD

M1967/003680/06

In Business

47 Years 11 Months

0

No

 

SAKHILE INITIATIVE 2 (PTY)LTD

2009/009274/07

In Business

5 Years 5 Months

0

No

 

SAKHILE

INITIATIVE 2 LTD

M2009/009274/06

In Business

5 Years 5 Months

0

No

 

ASSMANG LTD

M1935/007343/06

In Business

78 Years 6 Months

0

No

 

ORE AND METAL COMPANY LTD

M1930/002363/06

In Business

83 Years 11 Months

0

No

 

 


 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

OLD PROTEA CHEMICALS (PTY)LTD

M2003/008551/07

In Business

11 Years 11 Months

1

No

 

SALESMART VEHICLE SALES CC

B1999/012516/23

Deregistration Final

15 Years 3 Months

0

No

 

THE GOVERNANCE INSTITUTE (PTY)LTD

M2003/012799/07

Deregistration Final

11 Years 11 Months

0

No

 

WATERFORD ESTATE

HOMEOWNERS

ASSOCIATION

M1996/005224/08

In Business

17 Years 5 Months

0

No

 

 

 

Principal Deeds Information

 

Property Interests for CELESTE APPOLLIS

Title Deed No.

T46458/2000

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

4864 LAKESIDE BETTY'S BAY BETTY'S BAY

Property Type

Freehold

Extent / Size

838.0SQM

Purchase Date

2000/03/20

Purchase price

 

% Ownership

0.00

Bond Holder

NEDCOR BANK LTD

Bond Number

B300122000

Bond Amount

 

Comment

 

Property Interests for CELESTE APPOLLIS

Title Deed No.

T70911/2007

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

NORTH RIDING RANDBURG

Property Type

Freehold

Extent / Size

387.0SQM

Purchase Date

2007/01/24

Purchase price

 

% Ownership

0.00

Bond Holder

INVESTEC BANK LTD

Bond Number

B879542007

Bond Amount

 

Comment

 

 

 

BRIMACOM BRIMACOMBE

 

Surname

BRIMACOMBE

First Name

GAVIN BRIMACOM

Other Names

 

Marital Status

 

ID Number

6010085066085

Verified ID Number

Yes

Current Age

53 Years 4 Months

Designation

MANAGING DIRECTOR

Status

Active

Appointment Date

2007/04/02

Physical Address (at time of Appointment)

1077 WEST HATHERSAGGE DAINFEM, SANDTON, 2196

Postal Address

50 BRYANSTON DRIVE, SANDTON, 2021

Current Tel Number

0114655756

Cell number

0722634535

Shareholding/Membership

0.00

 

 

Business Information for GAVIN BRIMACOM BRIMACOMBE

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

LAVENDER SKY INVESTMENTS 14 (PTY)LTD

M2008/012484/07

In Business

6 Years 6 Months

0

No

 

LOGETTA PROPERTY INVESTMENTS (PTY)LTD

M1998/018874/07

In Business

16 Years 4 Months

0

No

 

MINNOWS AND MUDDLERS CC

B1990/032480/23

In Business

0

0

No

 

NALCO AFRICA (PTY)LTD

M2009/012402/07

In Business

5 Years 5 Months

0

No

 

OLD PROTEA

CHEMICALS

(PTY)LTD

M2003/008551/07

In Business

11 Years 11 Months

1

No

 

OMNIA GROUP (PTY)LTD

M2006/013996/07

In Business

8 Years 8 Months

0

No

 

OMNIA GROUP INVESTMENTS LTD

M1964/003371/06

In Business

50 Years 2 Months

0

No

 

VIKING PONY PROPERTIES 346 (PTY)LTD

M2003/011565/07

In Business

11 Years 11 Months

0

No

 

ASSMANG LTD

M1935/007343/06

In Business

78 Years 6 Months

0

No

 

ASSORE LTD

M1950/037394/06

In Business

63 Years 3 Months

0

No

 

ORE AND METAL COMPANY LTD

M1930/002363/06

In Business

83 Years 11 Months

0

No

 

 


 

Principal Previous Business Interests

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ANTHLEY INVESTMENTS CC

B1986/000950/23

Dissolved

28 Years 4 Months

0

No

 

BBR IKWEZI DESIGN (PTY)LTD

M1997/005451/07

Deregistration Final

17 Years 5 Months

0

No

 

DURA345 CHEMICALS (PTY)LTD

M1948/031666/07

Voluntary Liquidation

66 Years 6 Months

0

Yes

 

NACSTONE

INTERNATIONAL

(PTY)LTD

M1997/002961/07

Dissolved

17 Years 5 Months

0

No

 

PRO345

DISTRIBUTION

(PTY)LTD

M2001/003964/07

Voluntary Liquidation

13 Years 1 Months

0

Yes

 

 

 

PROTEA BULK RESOURCES (PTY)LTD

M2004/012933/07

Deregistration Final

10 Years 10 Months

0

No

 

PROTEA POLYMERS (PTY)LTD

2004/016581/07

Deregistration Final

10 Years 10 Months

0

No

 

PYBUS SEVENTY-ONE (PTY)LTD

M1999/012311/07

Voluntary Liquidation

15 Years 3 Months

0

Yes

 

RIGEL RESOURCES (PTY)LTD

M1998/003009/07

Deregistration Final

16 Years 4 Months

0

No

 

WILTON 1095 (PTY)LTD

M1998/023349/07

In Business

16 Years 4 Months

0

No

 

YELLOWCO 6 (PTY)LTD

M1997/019747/07

Deregistration Final

17 Years 5 Months

0

No

 

ZETACHEM CC

M1986/012739/23

Conversion CO/CC or CC/CO

28 Years 4 Months

0

No

 

 

 

Principal Deeds Information Property Interests for GAVIN

 

Title Deed No.

ST135710/2005

Erf/Site No.

34,0

Deeds Office

PRETORIA

Physical Address

8 CULROSS BRYANSTON SANDTON

Property Type

Sectional Title

Extent / Size

103.0SQM

Purchase Date

2004/06/18

Purchase price

 

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA L

Bond Number

SB1537342005

Bond Amount

 

Comment

 

Property Interests for GAVIN BRIMACOM BRIMACOMBE

Title Deed No.

T5280/2005

Erf/Site No.

 

Deeds Office

PIETERMARITZBURG

Physical Address

55 COLWYN SHEFFIELD BEACH DOLPHIN COAST/BALLITO

Property Type

Freehold

Extent / Size

1411.0SQM

Purchase Date

2004/04/13

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

K4442005S

Bond Amount

 

Comment

 

Property Interests for GAVIN BRIMACOM BRIMACOMBE

Title Deed No.

ST58946/2004

Erf/Site No.

229,0

Deeds Office

PIETERMARITZBURG

Physical Address

81 ANTHONY UMGENI PARK DURBAN NORTH

Property Type

Sectional Title

Extent / Size

112.0SQM

Purchase Date

2004/09/17

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Surname

FITZ-GIBBON

First Name

NOEL

Other Names

 

Marital Status

 

ID Number

5312245176080

Verified ID Number

Yes

Current Age

60 Years 2 Months

Designation

CA

Status

Active

Appointment Date

2007/04/02

Physical Address (at time of Appointment)

UNIT 3, 30 BLACKPOOL ROAD, BRYANSTON, 2191

Postal Address

PO BOX 69888, BRYANSTON, 2021

Current Tel Number

 

Cell number

 

Shareholding/Membership

0.00

 

Business Information for NOEL FITZ-GIBBON

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AQUATAN (PTY)LTD

M1990/005957/07

In Business

0

0

No

 

BLACKPOOL HOME

OWNERS

ASSOCIATION

M2005/025069/08

Deregistration Process

9 Years 9 Months

0

No

 

BUSINESS VENTURE INVESTMENTS NO 795 (PTY)LTD

M2003/015175/07

In Business

11 Years 11 Months

0

No

 

CLIFCOR

INVESTMENTS

(PTY)LTD

M1990/002336/07

In Business

0

0

No

 

ERF 37 DUNKELD WEST (PTY)LTD

M1996/014281/07

In Business

18 Years 6 Months

0

No

 

FG FOUNDATIONS CC

B2008/173599/23

In Business

6 Years 6 Months

0

No

 

FITZFAM INVESTMENTS CC

B2008/187233/23

In Business

6 Years 6 Months

0

No

 

MARNOEL

INVESTMENTS

(PTY)LTD

M2002/017857/07

In Business

0

0

No

 

MICAWBER 131 SHARE BLOCK (PTY)LTD

M1998/021955/07

In Business

16 Years 4 Months

0

No

 

NANOTRON

INVESTMENTS

(PTY)LTD

M2009/009177/07

Deregistration Process

5 Years 5 Months

0

No

 

OMNIA GROUP (PTY)LTD

M2006/013996/07

In Business

8 Years 8 Months

0

No

 

OMNIA HOLDINGS LTD

M1967/003680/06

In Business

47 Years 11 Months

0

No

 

A M T

INVESTMENTS (PTY)LTD

M1976/000849/07

In Business

37 Years 1 Months

0

No

 

ASSORE LTD

M1950/037394/06

In Business

63 Years 3 Months

0

No

 

MINERAIS

HOLDINGS

(PTY)LTD

M1999/006521/07

In Business

14 Years 2 Months

0

No

 

ORE AND METAL COMPANY LTD

M1930/002363/06

In Business

83 Years 11 Months

0

No

 

ZEERUST CHROME MINES LTD

M1962/001355/06

In Business

51 Years 3 Months

0

No

 

 


 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BALA COMPUTER EQUIPMENT (PTY)LTD

M1988/001374/07

Voluntary Liquidation

26 Years 2 Months

0

Yes

 

CONCORD INDUSTRIAL HOLDINGS (PTY)LTD

M1983/013401/07

Deregistration Final

31 Years 7 Months

0

No

 

EXEL DOMESTIC

DISTRIBUTION

(PTY)LTD

M1960/001997/07

In Business

54 Years 6 Months

0

No

 

EXEL NETWORK LOGISTICS (SOUTH AFRICA) (PTY)LTD

M1992/004343/07

Dissolved

22 Years 10 Months

0

No

 

EXEL SOUTH AFRICA LOGISTICS (PTY)LTD

M1998/003295/07

Dissolved

16 Years 4 Months

0

No

 

FASHION LOGISTICS (PTY)LTD

M1995/004951/07

Voluntary Liquidation

19 Years 7 Months

0

Yes

 

HIGHVELD

EXPLORATION

(PTY)LTD

M1982/011287/07

Deregistration Final

32 Years 8 Months

0

No

 

INTERNATIONAL SUPPLY CHAIN (SOUTH AFRICA) (PTY)LTD

M1993/002746/07

Dissolved

21 Years 9 Months

0

No

 

KALAINVESTMENTS (PTY)LTD

M1988/000734/07

Conversion CO/CC or CC/CO

26 Years 2 Months

0

No

 

KINESIS LOGISTICS (PTY)LTD

M1992/004582/07

Voluntary Liquidation

22 Years 10 Months

0

Yes

 

KOF DESKING SYSTEMS (PTY)LTD

M1986/003577/07

Dissolved

28 Years 4 Months

0

No

 

OMNIA BOERDERY (PTY)LTD

M1951/000788/07

Deregistration Final

63 Years 3 Months

0

No

 

OMNIA FARMING SERVICES (PTY)LTD

M1981/003778/07

Voluntary Liquidation

33 Years 9 Months

0

Yes

 

OMNIA GROUP INVESTMENTS LTD

M1964/003371/06

In Business

50 Years 2 Months

0

No

 

OMNIA PROJECTS (PTY)LTD

M2002/017711/07

Deregistration Final

 

0

No

 

PALMER WOMERSLEY

DISTRIBUTORS

(PTY)LTD

M1995/004952/07

Voluntary Liquidation

19 Years 7 Months

0

Yes

 

S A WAREHOUSING SERVICES (PTY)LTD

M1952/002230/07

Dissolved

62 Years 2 Months

0

No

 

SAKHILE INITIATIVE 2 LTD

M2009/009274/06

In Business

5 Years 5 Months

0

No

 

SATAIR MEDIA (PTY)LTD

M1999/017439/07

Deregistration Final

15 Years 3 Months

0

No

 

 

 

STORCARE (PTY)LTD

M1992/004644/07

Voluntary Liquidation

22 Years 10 Months

0

Yes

 

TIBBETT AND BRITTEN (SA) (PTY)LTD

M2001/001561/07

Dissolved

13 Years 1 Months

0

No

 

TIMIOS HOMES

M2003/011973/08

In Business

11 Years 11 Months

0

No

 

TURBOSHINE SYSTEMS (PTY)LTD

M2000/019624/07

Deregistration Final

14 Years 2 Months

0

No

 

UNIFAST (PTY)LTD

M1992/004357/07

Dissolved

22 Years 10 Months

0

No

 

 

RODERICK B HUMPHRIS

 

Surname

RODERICK B HUMPHRIS

First Name

RODERICK BEVIL

Other Names

 

Marital Status

 

ID Number

5704265081002

Verified ID Number

Yes

Current Age

56 Years 10 Months

Designation

MANAGING DIRECTOR

Status

Active

Appointment Date

2007/04/02

Physical Address (at time of Appointment)

11 DANIEL ST, DANIEL BRINK PARK, RANDBURG, 2125

Postal Address

POBOX 69888, BRYANSTON, 2021

Current Tel Number

0117098852

Cell number

0828875466

Shareholding/Membership

0.00

 

Business Information for RODERICK BEVIL RODERICK B HUMPHRIS

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

KUSITUPA PROPERTIES CC

B1987/024738/23

In Business

27 Years 3 Months

0

No

 

NANOTRON

INVESTMENTS

(PTY)LTD

M2009/009177/07

Deregistration Process

5 Years 5 Months

0

No

 

OLD BULK MINING

EXPLOSIVES

(PTY)LTD

M1994/009597/07

In Business

20 Years 8 Months

0

No

 

OLD PROTEA

CHEMICALS

(PTY)LTD

M2003/008551/07

In Business

11 Years 11 Months

1

No

 

OMNIA EXPLOSIVES (PTY)LTD

M1980/001193/07

Deregistration Process

34 Years 10 Months

0

No

 

OMNIA GROUP (PTY)LTD

M2006/013996/07

In Business

8 Years 8 Months

0

No

 

OMNIA GROUP INVESTMENTS LTD

M1964/003371/06

In Business

50 Years 2 Months

0

No

 

OMNIA HOLDINGS LTD

M1967/003680/06

In Business

47 Years 11 Months

0

No

 

OMNIA KUNSMIS LTD

M1975/000759/06

Deregistration Process

39 Years 3 Months

0

No

 

OMNIA

SPECIALITIES

(PTY)LTD

M1995/002804/07

In Business

19 Years 7 Months

0

No

 

AFRICAN MINING AND TRUST COMPANY LTD

M1931/003633/06

In Business

82 Years 10 Months

0

No

 

ASSMANG LTD

M1935/007343/06

In Business

78 Years 6 Months

0

No

 

ASSORE LTD

M1950/037394/06

In Business

63 Years 3 Months

0

No

 

CATO RIDGE DEVELOPMENT COMPANY LTD

M1956/002268/06

In Business

57 Years 9 Months

0

No

 

CERAMOX (PTY)LTD

M2000/027163/07

In Business

13 Years 1 Months

0

No

 

ERF 1263 PARKVIEW EXTENSION 1 (PTY)LTD

M2005/024880/07

In Business

8 Years 8 Months

0

No

 

ERVEN 27 AND 28 ILLOVO (PTY)LTD

M2001/000388/07

In Business

0

0

No

 

ERVEN 40 AND 41 ILLOVO (PTY)LTD

M1999/025517/07

In Business

14 Years 2 Months

0

No

 

 

 

GENERAL

NOMINEES

(PTY)LTD

M1951/002960/07

In Business

62 Years 2 Months

0

No

 

GROUP LINE

PROJECTS

(PTY)LTD

M1991/000798/07

In Business

22 Years 10 Months

0

No

 

ICERMAX (PTY)LTD

K2012/089070/07

In Business

1 Years 1 Months

0

No

 

MAIN STREET 350 (PTY)LTD

M2005/026562/07

In Business

8 Years 8 Months

0

No

 

MAIN STREET 460 (PTY)LTD

M2006/021404/07

In Business

7 Years 7 Months

0

No

 

MAIN STREET 904 (RF) (PTY)LTD

M2011/008937/07

In Business

2 Years 2 Months

0

No

 

MINERAIS

HOLDINGS

(PTY)LTD

M1999/006521/07

In Business

14 Years 2 Months

0

No

 

ORE AND METAL COMPANY LTD

M1930/002363/06

In Business

83 Years 11 Months

0

No

 

ORESTEEL

INVESTMENTS

(PTY)LTD

M1975/003008/07

In Business

38 Years 2 Months

0

No

 

RUSTENBURG

MINERALS

DEVELOPMENT

COMPANY

(PTY)LTD

M1968/002462/07

In Business

45 Years 9 Months

0

No

 

THE SACCO

COMMUNITY

CENTRE

M2009/013212/08

In Business

4 Years 4 Months

0

No

 

WONDERSTONE 1937 LTD

M1937/009964/06

In Business

76 Years 4 Months

0

No

 

WONDERSTONE LTD

M1935/006371/06

In Business

78 Years 6 Months

0

No

 

XERTECH (PTY)LTD

M2001/006462/07

In Business

0

0

No

 

ZEERUST CHROME MINES LTD

M1962/001355/06

In Business

51 Years 3 Months

0

No

 

 

 

Principal Previous Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ALPHA

KUNSMISDIENSTE (PTY)LTD

M1982/001908/07

Deregistration Final

32 Years 8 Months

0

No

 

BEVROD

INVESTMENTS

(PTY)LTD

M1994/005897/07

Deregistration Final

20 Years 8 Months

0

No

 

ECOGYPSUM SOUTH AFRICA (PTY)LTD

M2001/022831/07

Deregistration Final

13 Years 1 Months

0

No

 

GREENSHADOWS (PTY)LTD

M1995/004513/07

Deregistration Final

19 Years 7 Months

0

No

 

 

 

INTABA CHEMICALS (PTY)LTD

M1990/001692/07

Deregistration Final

 

0

No

 

INTABA HYDRATES (PTY)LTD

M1997/012419/07

Deregistration Final

17 Years 5 Months

0

No

 

OMNIA PHOSPHATES (PTY)LTD

M1973/011420/07

Deregistration Final

41 Years 5 Months

0

No

 

SAKHILE INITIATIVE LTD

M2006/029291/06

In Business

8 Years 8 Months

0

No

 

THE FERTILIZER SOCIETY OF SOUTH AFRICA

M1971/000012/08

In Business

43 Years 7 Months

0

No

 

A M T INVESTMENTS (PTY)LTD

M1976/000849/07

In Business

37 Years 1 Months

0

No

 

ASSOCIATED ASBESTOS LTD

M1938/011745/06

Deregistration Final

75 Years 3 Months

0

No

 

CHROAM (PTY)LTD

M1994/009089/07

Deregistration Final

19 Years 7 Months

0

No

 

FERALLOYS LTD

M1957/000311/06

Deregistration Final

56 Years 8 Months

0

No

 

 

 

Title Deed No.

T82/2008

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

 

Property Type

Farms

Extent / Size

2500.0SQM

Purchase Date

2007/04/30

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

Property Interests for RODERICK BEVIL RODERICK B HUMPHRIS

Title Deed No.

T70145/2004

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

MOSSELBANK PATERNOSTER

Property Type

Freehold

Extent / Size

302.0SQM

Purchase Date

2004/02/02

Purchase price

 

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA L

Bond Number

B559682004

Bond Amount

 

Comment

 

Property Interests for RODERICK BEVIL RODERICK B HUMPHRIS

Title Deed No.

T75226/2008

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

PATERNOSTER PATERNOSTER

Property Type

Freehold

Extent / Size

541.0SQM

Purchase Date

2007/12/24

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

 

Title Deed No.

ST3326/2009

Erf/Site No.

3275

Deeds Office

CAPE TOWN

Physical Address

16 HIGGO GARDENS CAPE TOWN

Property Type

Sectional Title

Extent / Size

86.0SQM

Purchase Date

2009/01/08

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

I-144672000LG

Bond Amount

 

Comment

 

Property Interests for RODERICK BEVIL RODERICK B HUMPHRIS

Title Deed No.

ST3326/2009

Erf/Site No.

3275

Deeds Office

CAPE TOWN

Physical Address

16 HIGGO GARDENS CAPE TOWN

Property Type

Sectional Title

Extent / Size

17.0SQM

Purchase Date

2009/01/08

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

Property Interests for RODERICK BEVIL RODERICK B HUMPHRIS

Title Deed No.

T11550/2013

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

VOORSTRAND PATERNOSTER

Property Type

Freehold

Extent / Size

454.0SQM

Purchase Date

2013/01/13

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

K8692002S

Bond Amount

 

Comment

 

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.44

UK Pound

1

Rs.102.48

Euro

1

Rs.84.28

 

 

INFORMATION DETAILS

 

Report Prepared by :

NIS

 

 

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.