MIRA INFORM REPORT

 

 

Report Date :

28.02.2014

 

IDENTIFICATION DETAILS

 

Name :

C J PETROW AND COMPANY (PTY)LTD

 

 

Registered Office :

68 5th Street Cnr John Adamson Drive, Albertsville, 2195

 

 

Country :

South Africa

 

 

Date of Incorporation :

09.05.1949

 

 

Com. Reg. No.:

M1949/033553/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

·         Engaged in mining and quarrying of Other minerals and materials

subject operates as a natural mineral trader

 

 

No. of Employees

45

 

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. State power supplier Eskom has built two new power stations and installed new power demand management programs to improve power grid reliability. South Africa's economic policy has focused on controlling inflation, however, the country has had significant budget deficits that restrict its ability to deal with pressing economic problems. The current government faces growing pressure from special interest groups to use state-owned enterprises to deliver basic services to low-income areas and to increase job growth.

 

Source : CIA

 


 

Subject Name

C J PETROW AND COMPANY (PTY)LTD

Country

South Africa

Subject Contact Person

JACK DENSBURG - Financial Director

Assessment

On investigation contact was made with JACK DENSBURG, the financial director of the business who assisted with most of the information.

 

The subject is meeting commitments timeously with suppliers.

 

We are awaiting a bank code. Please see the information obtained below.

 

 

Company information

 

Registered Name

C J PETROW AND COMPANY (PTY)LTD

Trading as/ Division Name

C J PETROW AND COMPANY

Previous Name

None

Date of Name Change

None

Registration Number

M1949/033553/07

Registration Date

1949/05/09

Date Commenced Trading

1949-05-09

Age of Business

64 Years 9 Months

History of Business

The subject commenced trading as a new company in 1949.

History of Principals

There are 6 directors within the company :MICHAEL SOSNOVIK, THOMAS SHITTO, ZOE CASULLI KRIEMADIS, LISA ELENI MANESSIS, JACK MITCHELL GINSBERG, JOHN CHRIST PETROW

Shareholders/Members/Partners of subject and % holding

100 % - CRIZOLIDA (PTY) LTD

Authorised Share Capital

R 0.00

Issued Share Capital/Members Contribution

R 0.00

Status

In Business

Operations Assessment

The subject operates as a natural mineral trader

Industry/ Customers

It supplies to the construction industry.

Export

None

Import

Unknown

Major Industry Code / SICC

25399

Definition of Code

Mining and quarrying of Other minerals and materials n.e.c.

Head Office Physical Address

68 5TH STREET CNR JOHN ADAMSON DRIVE, ALBERTSVILLE, 2195

Head Office Postal Address

P O BOX 11000, JOHANNESBURG, 2000

Current Tel Number

0116706500

Cell Number

Unavailable

Current Fax Number

0116706666

Current Email Address

jackg@cjpetrow.co.za

Web Site Address

Unavailable

 

 

Auditors information

 

Company Registered Name

HORWATH LEVETON BONER CONSULTING (PTY)LTD

Trading Name

 

Registration Number

M1987/001944/07

Physical Address

3 SANDOWN VALLEY CRESCENT, SANDOWN, 2196

Postal Address

P O BOX 652550, BENMORE, 2010

Contact Person

MARK WATSON

Contact Number

0112178000

Email

mark.watson@crowehorwath.co.za

Principals

2

Judgements Against Subject

Unavailable

Judgements Against Principals

Unavailable

Subject Verified as Client

Yes

Practice Number

903787

VAT Number

Unavailable

Tax Number

9355119844

BEE Status

Unavailable

Financial Year End

February

No of years in Business

63 Years 7 Months

Website

Unavailable

 

Previous Auditors Information - No Information on Record

 

 

Tax information

 

Vat Number

4360101093

Status

ACTIVE

Tax Number

9300091718

Financial Year End

December

Comment

The subject could not provide a Vat liable date and a Tax clearance expiry date.

 

Black Economic Empowerment

 

Status

No

BEE Certificate Available

No

Comment

The subject is not registered for BEE.

ISO Status

 

Comment

The subject is not registered for ISO.

 

Workman's compensation

 

Registered

Yes

Compliance Certified

Yes

 

Company Structure

Subsidiaries Information - No Information on Record

Employees

Number of Employees

45

1. Salaried employees

45

2. Waged employees

--

3. Permanent employees

45

4. Casual employees

--

5. Contracted employees

--

Comment

The subject has a total of 45 employees at the business which are permanent staff.

 

Company Fleet

 

Company Fleet

No of vehicles:

Owned/Leased

Value

Outstanding Balance

Fleet Operations

 

 

 

 

The Fleet is made up of

20

Comment

The subject has 20 cars that are owned by the business.

Cars

20

Owned

 

 

 

Offices

 

Offices

Offices

Head Office Owned/ Rented

Owned

Owned by

C J PETROW AND COMPANY (PTY)LTD

Bond

R 28000000.00

Type of Premises

Office , Warehouse block

 

Branch Information - No Information on Record

 

 

Management Overview

 

Organisation Chart

 

Level                           Position                       Name

1                                  Director                         MICHAEL SOSNOVIK

1                                  Director                        THOMAS SHITTO

1                                  Director                         ZOE CASULLI KRIEMADIS

1                                  Director                         LISA ELENI MANESSIS

1                                  Director                         JACK MITCHELL GINSBERG

1                                  Director                         JOHN CHRIST PETROW

 

Company Structure (Ownership)

Note: One level up and all levels down

 

Holding

Company

Sub

Comment

100 % - CRIZOLIDA (PTY) LTD

C J PETROW AND COMPANY (PTY) LTD

None

 

 

Key Deals - No Information on Record

 

 

Trade References

 

Trade Reference nr

Supplier

Contact

Surety Value

Notarial Bonds

Comment

1

DHL

0119213724

 

 

 

2

FOKUL POINT

0114520749

 

 

 

3

BOND STATIONARY

 

 

 

 

4

SKIP WEST

0116991000

 

 

 

 

 

Trade References Detail

 

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

 

 

 

 

 

 

The subject declined to provide a trade reference due to company policy

2

5 Years

R100000.00

R100000

30 Days

R 80000

30 Days

This is an excellent account

3

 

 

 

 

 

 

The subject declined to provide a trade reference due to company policy

4

10 Years

R10000.00

R 25000

30 Days

R 6000

30 Days

This is an excellent account.

 

 

Adverse Information on Subject

 

·         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

 

Bank

STANDARD BANK

Branch

JHB BRANCH

Brach Code

051001

Bank Account Number

001405950

Type of Account

CURRENT

Account Name

C J PETROW AND COMPANY (PTY)LTD

Overdraft Facilities

NO

Bank Code

Awaiting Bank Code

 

·         Bank Code History - No Information on Record

Previous Bank Account Information - No Information on Record

Deeds Information - No information on record

 

Financial Estimates

 

Previous Year Turnover

R100000000.00

Current Turnover per month

R15000000.00

Current Turnover per annum

R100000000.00

 

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

6

Average Age of Active Principals

64

 

Active Principals Principal - 1 of 6 MICHAEL SOSNOVIK

 

Surname

SOSNOVIK

First Name

MICHAEL

Other Names

 

Marital Status

 

ID Number

4502185057081

Verified ID Number

Yes

Current Age

69 Years

Designation

Director

Status

Active

Appointment Date

1998/11/01

Physical Address (at time of Appointment)

16 SUNNY ROAD, GLENHAZEL, 2192

Postal Address

P O BOX 11000, JOHANNESBURG, 2000

Current Tel Number

0114773331

Cell number

0823214210

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for MICHAEL SOSNOVIK

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AICOM

COMMUNICATIONS (PTY)LTD

M1982/007978/07

In Business

32 Years 8 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

 

AUDIO FOCUS (PTY)LTD

M1989/004706/07

In Business

25 Years 1 Months

0

No

 

C J PETROW AND

COMPANY

(PTY)LTD

M1949/033553/07

In Business

65 Years 5 Months

0

No

 

C J PETROW GRANITE (PTY)LTD

M1999/018617/07

In Business

15 Years 3 Months

0

No

 

C J PETROW

HOLDINGS

(PTY)LTD

M1993/004884/07

In Business

21 Years 9 Months

0

No

 

CONNOISSEUR ELECTRONICS (PTY)LTD

M2000/009385/07

In Business

14 Years 2 Months

0

No

 

CONNOISSEUR

MARKETING

(PTY)LTD

M1980/002478/07

In Business

34 Years 10 Months

0

No

 

CRIZOLIDA (PTY)LTD

M1967/005055/07

In Business

47 Years 11 Months

0

No

 

INTERCONTINENTA L EXPORTS (PTY)LTD

M1972/000512/07

In Business

42 Years 6 Months

0

No

 

KENCO

ELECTRONICS (PTY)LTD

M1998/017077/07

In Business

16 Years 4 Months

0

No

 

KODAV BULK

LOGISTICS

(PTY)LTD

M1998/021256/07

In Business

16 Years 4 Months

0

No

 

KODAV LOGISTIC

SOLUTIONS

(PTY)LTD

M1998/014367/07

In Business

16 Years 4 Months

0

No

 

PETROW AGRI (PTY)LTD

M1994/002799/07

In Business

20 Years 8 Months

0

No

 

PETROW FOOD

INGREDIENTS

(PTY)LTD

M2000/009680/07

In Business

14 Years 2 Months

0

No

 

SPECTRUM

COMMUNICATIONS

(PTY)LTD

M1973/014845/07

In Business

41 Years 5 Months

0

No

 

TOMSSOUND AND MUSIC (PTY)LTD

M1997/004027/07

In Business

17 Years 5 Months

0

No

 

THE SPICE POD (PTY)LTD

M2000/009480/07

In Business

14 Years 2 Months

0

No

 

WILD AND MARR (PTY)LTD

M1995/000164/07

In Business

19 Years 7 Months

0

No

 

WILD AND MARR CAPE (PTY)LTD

M1999/018932/07

In Business

15 Years 3 Months

0

No

 

 


Principal Previous Business Interests

 

Average Age of Previous Business                                                                       23 Years

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

WIN HOLDINGS LTD

M1987/005055/06

Deregistration Final

27 Years 3 Months

0

No

 

ABSORBETECH ENVIRONMENTAL CC

B2010/012613/23

In Business

4 Years 4 Months

0

No

 

C J PETROW CHEMICALS (PTY)LTD

M1988/007366/07

Deregistration Final

26 Years 2 Months

0

No

 

GEMINI SPICE COMPANY (PTY)LTD

M1984/003113/07

Deregistration Final

30 Years 6 Months

0

No

 

HUNTCOR LTD

M1984/002301/06

Dissolved

30 Years 6 Months

0

No

 

ICE-PHOENIX TRADING (PTY)LTD

M1973/004374/07

In Business

41 Years 5 Months

0

No

 

INTERCAS (2004) (PTY)LTD

2004/020423/07

In Business

10 Years 10 Months

0

No

 

NEWSHELF 589 INC

M1977/000525/21

Deregistration Final

37 Years 1 Months

0

No

 

TATE AND LYLE SOUTH AFRICA (PTY)LTD

M1989/007094/07

In Business

25 Years 1 Months

0

No

 

TIFERET TRADING (PTY)LTD

M2004/013285/07

Deregistration Final

10 Years 10 Months

0

No

 

TROPI-CUBE

INVESTMENTS

(PTY)LTD

M1997/004156/07

Deregistration Final

17 Years 5 Months

0

No

 

 

 

Principal - 2 of 6 THOMAS SHITTO

 

Surname

SHITTO

First Name

THOMAS

ID Number

5409220000000

Verified ID Number

No

Current Age

59 Years 5 Months

Designation

Director

Status

Active

Appointment Date

1998/10/01

Physical Address (at time of Appointment)

15 WINGFIELD AVE, BIRDHAVEN, 2196

Postal Address

15 WINGFIELD AVE, BIRDHAVEN, 2196

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for THOMAS SHITTO

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

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

 

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

 

C J PETROW AND

COMPANY

(PTY)LTD

M1949/033553/07

In Business

65 Years 5 Months

0

No

 

C J PETROW GRANITE (PTY)LTD

M1999/018617/07

In Business

15 Years 3 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                           58 Years

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

C J PETROW STEEL (PTY)LTD

M1992/001363/07

In Business

22 Years 10 Months

0

No

 

ROEDEAN SCHOOL (SOUTH AFRICA)

M1920/006399/08

In Business

94 Years 10 Months

0

No

 

 

Principal - 3 of 6 ZOE KRIEMADIS

 

Surname

KRIEMADIS

First Name

ZOE

Other Names

CASULLI

ID Number

5002280000000

Verified ID Number

No

Current Age

64 Years

Designation

Director

Status

Active

Appointment Date

1995/06/01

Physical Address (at time of Appointment)

36 RUE D''ARTOIS 75008, PARIS, FRANCE, OOOO

Postal Address

P O BOX 783268, SANDTON, 2146

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for ZOE KRIEMADIS

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

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

 

C J PETROW AND

COMPANY

(PTY)LTD

M1949/033553/07

In Business

65 Years 5 Months

0

No

 

CRIZOLIDA (PTY)LTD

M1967/005055/07

In Business

47 Years 11 Months

0

No

 

 


Principal Previous Business Interests

 

Average Age of Previous Business                                                                       39 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

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

 

CONTRASTES HOMEWARE CC

B2003/024301/23

Deregistration Final

11 Years 11 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for ZOE KRIEMADIS

 

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

 

Property Interests for ZOE KRIEMADIS

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 ZOE KRIEMADIS

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

 

Interests for ZOE KRIEMADIS

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

 

Property Interests for ZOE KRIEMADIS

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

 

Property Interests for ZOE KRIEMADIS

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

 

 

Principal - 4 of 6 LISA MANESSIS

 

Surname

MANESSIS

First Name

LISA

Other Names

ELENI

ID Number

5210240078006

Verified ID Number

No

Current Age

61 Years 4 Months

Designation

Director

Status

Active

Appointment Date

1986/01/13

Physical Address (at time of Appointment)

7 CHEMIN DES CHEVERS, 1291 CHAMBESY, SWITZERLAND, 0000

Postal Address

P O BOX 11000, JOHANNESBURG, 2000

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record


Business Information for LISA MANESSIS

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

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

 

CERAMOX (PTY)LTD

M2000/027163/07

In Business

13 Years 1 Months

0

No

 

D SACCO ASHMOLEDALES

4009225057006

 

Unknown

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

 

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

 

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

 

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

 

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

 

C J PETROW AND

COMPANY

(PTY)LTD

M1949/033553/07

In Business

65 Years 5 Months

0

No

 

CRIZOLIDA (PTY)LTD

M1967/005055/07

In Business

47 Years 11 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                                   49 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

RUSTENBURG MINERALS DEVELOPMENT COMPANY (PTY)LTD

M1968/002462/07

In Business

45 Years 9 Months

0

No

 

SOUTH AFRICAN CORUNDUM COMPANY LTD

M1940/014161/06

Deregistration Final

73 Years 1 Months

0

No

 

WILLOWBROOK RETIREMENT VILLAGE

M1998/002377/08

In Business

15 Years 3 Months

0

No

 

WONDERSTONE LTD

M1935/006371/06

In Business

78 Years 6 Months

0

No

 

WRV PROPERTY FOUNDATION

M1986/003882/08

In Business

27 Years 3 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

 

FERALLOYS LTD

M1957/000311/06

Deregistration Final

56 Years 8 Months

0

No

 

LAGERDRAAI ASBESTOS LTD

M1905/028741/06

Deregistration Final

65 Years 5 Months

0

No

 

C J PETROW CHEMICALS (PTY)LTD

M1988/007366/07

Deregistration Final

26 Years 2 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for LISA MANESSIS

Title Deed No.

T11286/2010

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

82 9TH HYDE PARK SANDTON

Property Type

Freehold

Extent / Size

4594.0SQM

Purchase Date

2009/09/25

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

Property Interests for LISA MANESSIS

Title Deed No.

T11286/2010

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

40 KILLARNEY HYDE PARK SANDTON

Property Type

Freehold

Extent / Size

3964.0SQM

Purchase Date

2009/09/25

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

Property Interests for LISA MANESSIS

 

Title Deed No.

T11286/2010

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

128 9TH HYDE PARK SANDTON

Property Type

Freehold

Extent / Size

5329.0SQM

Purchase Date

2009/09/25

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 

Principal - 5 of 6 JACK GINSBERG

 

Surname

GINSBERG

First Name

JACK

ID Number

4701085047081

Verified ID Number

Yes

Current Age

67 Years 1 Months

Designation

Director

Status

Active

Appointment Date

1982/02/01

Physical Address (at time of Appointment)

25 A TALTON ROAD, FOREST TOWN, 2193

Postal Address

PO BOX 11000, JOHANNESBURG, 2000

Current Tel Number

0114774684

Cell number

 

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for JACK GINSBERG

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

LEOPARD''S BUSH HOME OWNERS ASSOCIATION

M2003/031091/08

In Business

10 Years 10 Months

0

No

 

ORE AND METAL COMPANY LTD

M1930/002363/06

In Business

83 Years 11 Months

0

No

 

AICOM

COMMUNICATIONS (PTY)LTD

M1982/007978/07

In Business

32 Years 8 Months

0

No

 

AUDIO FOCUS (PTY)LTD

M1989/004706/07

In Business

25 Years 1 Months

0

No

 

C J PETROW AND

COMPANY

(PTY)LTD

M1949/033553/07

In Business

65 Years 5 Months

0

No

 

C J PETROW GRANITE (PTY)LTD

M1999/018617/07

In Business

15 Years 3 Months

0

No

 

C J PETROW

HOLDINGS

(PTY)LTD

M1993/004884/07

In Business

21 Years 9 Months

0

No

 

C J PETROW STEEL (PTY)LTD

M1992/001363/07

In Business

22 Years 10 Months

0

No

 

CONNOISSEUR ELECTRONICS (PTY)LTD

M2000/009385/07

In Business

14 Years 2 Months

0

No

 

CONNOISSEUR

MARKETING

(PTY)LTD

M1980/002478/07

In Business

34 Years 10 Months

0

No

 

CRIZOLIDA (PTY)LTD

M1967/005055/07

In Business

47 Years 11 Months

0

No

 

DIGITECH

ELECTRONICS

(PTY)LTD

M1997/019925/07

Deregistration Process

17 Years 5 Months

0

No

 

INTERCONTINENTA L EXPORTS (PTY)LTD

M1972/000512/07

In Business

42 Years 6 Months

0

No

 

KENCO

ELECTRONICS (PTY)LTD

M1998/017077/07

In Business

16 Years 4 Months

0

No

 

KODAV BULK

LOGISTICS

(PTY)LTD

M1998/021256/07

In Business

16 Years 4 Months

0

No

 

KODAV LOGISTIC

SOLUTIONS

(PTY)LTD

M1998/014367/07

In Business

16 Years 4 Months

0

No

 

PETROW AGRI (PTY)LTD

M1994/002799/07

In Business

20 Years 8 Months

0

No

 

PETROW FOOD

INGREDIENTS

(PTY)LTD

M2000/009680/07

In Business

14 Years 2 Months

0

No

 

SPECTRUM

COMMUNICATIONS

(PTY)LTD

M1973/014845/07

In Business

41 Years 5 Months

0

No

 

TOMSSOUND AND MUSIC (PTY)LTD

M1997/004027/07

In Business

17 Years 5 Months

0

No

 

THE C J PETROW FOUNDATION

M1967/004393/08

In Business

47 Years 11 Months

0

No

 

THE PETIL TRUST (PTY)LTD

M1990/004228/07

In Business

0

0

No

 

THE SPICE POD (PTY)LTD

M2000/009480/07

In Business

14 Years 2 Months

0

No

 

TINKERFRI

INVESTMENTS

(PTY)LTD

M1990/007558/07

In Business

0

0

No

 

WILD AND MARR (PTY)LTD

M1995/000164/07

In Business

19 Years 7 Months

0

No

 

WILD AND MARR CAPE (PTY)LTD

M1999/018932/07

In Business

15 Years 3 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                       29 Years

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AFRICAN MINING AND TRUST COMPANY LTD

M1931/003633/06

In Business

82 Years 10 Months

0

No

 

ABSORBETECH ENVIRONMENTAL CC

B2010/012613/23

In Business

4 Years 4 Months

0

No

 

C J PETROW CHEMICALS (PTY)LTD

M1988/007366/07

Deregistration Final

26 Years 2 Months

0

No

 

CHEMINMARK (PTY)LTD

M1983/011324/07

Deregistration Final

31 Years 7 Months

0

No

 

CHEMINMARK HOLDINGS (PTY)LTD

M1992/005459/07

Deregistration Final

22 Years 10 Months

0

No

 

DIK INVESTMENTS CC

M1986/019998/23

Deregistration Final

28 Years 4 Months

0

No

 

FAMLAT (PTY)LTD

M1971/002064/07

Dissolved

43 Years 7 Months

0

No

 

GEMINI SPICE COMPANY (PTY)LTD

M1984/003113/07

Deregistration Final

30 Years 6 Months

0

No

 

ICE-PHOENIX TRADING (PTY)LTD

M1973/004374/07

In Business

41 Years 5 Months

0

No

 

INTERCAS (2004) (PTY)LTD

2004/020423/07

In Business

10 Years 10 Months

0

No

 

INTERCAS (PTY)LTD

M1998/018403/07

Deregistration Final

16 Years 4 Months

0

No

 

LYSANDER

INVESTMENTS

(PTY)LTD

M1936/008526/07

Deregistration Final

78 Years 6 Months

0

No

 

TATE AND LYLE SOUTH AFRICA (PTY)LTD

M1989/007094/07

In Business

25 Years 1 Months

0

No

 

TIFERET TRADING (PTY)LTD

M2004/013285/07

Deregistration Final

10 Years 10 Months

0

No

 

TROPI-CUBE INVESTMENT HOLDINGS (PTY)LTD

M1998/007828/07

Deregistration Final

16 Years 4 Months

0

No

 

TROPI-CUBE

INVESTMENTS

(PTY)LTD

M1997/004156/07

Deregistration Final

17 Years 5 Months

0

No

 

 

 

Principal - 6 of 6 JOHN PETROW

Surname

Petrow

First Name

John

ID Number

5110055028080

Verified ID Number

Yes

Current Age

62 years 4 months

Designation

Direcotr

Status

Active

Appointment Date

1979/09/28

Physical Address (at time of Appointment)

89 Atholl Road, Athol, 2196

Postal Address

PO BOX 11000, JOHANNESBURG, 2000

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for JOHN PETROW

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ORE AND METAL COMPANY LTD

M1930/002363/06

In Business

83 Years 11 Months

0

No

 

AICOM

COMMUNICATIONS (PTY)LTD

M1982/007978/07

In Business

32 Years 8 Months

0

No

 

C J PETROW AND

COMPANY

(PTY)LTD

M1949/033553/07

In Business

65 Years 5 Months

0

No

 

C J PETROW

HOLDINGS

(PTY)LTD

M1993/004884/07

In Business

21 Years 9 Months

0

No

 

CONNOISSEUR ELECTRONICS (PTY)LTD

M2000/009385/07

In Business

14 Years 2 Months

0

No

 

CONNOISSEUR

MARKETING

(PTY)LTD

M1980/002478/07

In Business

34 Years 10 Months

0

No

 

CRIZOLIDA (PTY)LTD

M1967/005055/07

In Business

47 Years 11 Months

0

No

 

INTERCONTINENTA L EXPORTS (PTY)LTD

M1972/000512/07

In Business

42 Years 6 Months

0

No

 

KENCO

ELECTRONICS (PTY)LTD

M1998/017077/07

In Business

16 Years 4 Months

0

No

 

PETROW AGRI (PTY)LTD

M1994/002799/07

In Business

20 Years 8 Months

0

No

 

SPECTRUM

COMMUNICATIONS

(PTY)LTD

M1973/014845/07

In Business

41 Years 5 Months

0

No

 

TOMSSOUND AND MUSIC (PTY)LTD

M1997/004027/07

In Business

17 Years 5 Months

0

No

 

THE C J PETROW FOUNDATION

M1967/004393/08

In Business

47 Years 11 Months

0

No

 

WILD AND MARR (PTY)LTD

M1995/000164/07

In Business

19 Years 7 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                                   22 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

UNIT 63 SANTANA CC

B1999/029756/23

Deregistration Final

14 Years 2 Months

0

No

 

C J PETROW CHEMICALS (PTY)LTD

M1988/007366/07

Deregistration Final

26 Years 2 Months

0

No

 

GEMINI SPICE COMPANY (PTY)LTD

M1984/003113/07

Deregistration Final

30 Years 6 Months

0

No

 

ICE-PHOENIX TRADING (PTY)LTD

M1973/004374/07

In Business

41 Years 5 Months

0

No

 

TATE AND LYLE SOUTH AFRICA (PTY)LTD

M1989/007094/07

In Business

25 Years 1 Months

0

No

 

THE SPICE POD (PTY)LTD

M2000/009480/07

In Business

14 Years 2 Months

0

No

 

TIFERET TRADING (PTY)LTD

M2004/013285/07

Deregistration Final

10 Years 10 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for JOHN PETROW

Title Deed No.

T13415/2005

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

24 SEWELL PLETTENBERG BAY PLETTENBERG BAY

Property Type

Freehold

Extent / Size

911.0SQM

Purchase Date

2004/11/16

Purchase price

 

% Ownership

0.00

Bond Holder

SOUTH AFRICAN BANK OF ATHENS LT

 

Property Interests for JOHN PETROW

Title Deed No.

T32333/2012

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

4 SWIFT SURE PLETTENBERG BAY PLETTENBERG BAY

Property Type

Freehold

Extent / Size

683.0SQM

Purchase Date

2012/04/16

Purchase price

 

% Ownership

0.00

Bond Holder

 

 

Property Interests for JOHN PETROW

Title Deed No.

T32334/2012

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

7A SEWELL PLETTENBERG BAY PLETTENBERG BAY

Property Type

Freehold

Extent / Size

1186.0SQM

Purchase Date

2012/04/16

Purchase price

 

% Ownership

0.00

Bond Holder

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

        Rs.61.94

UK Pound

1

Rs.103.31

Euro

1

Rs.85.11

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

 

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

 

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

 

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

 

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

 

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

 

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

 

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

Credit not recommended

 

--

NB

New Business

 

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

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.