MIRA INFORM REPORT

 

 

Report Date :

24.01.2014

                     

IDENTIFICATION DETAILS

 

Name :

PERFORMANCE COLOUR SYSTEMS (PTY)LTD

 

 

Formerly Known As :

CUSTOM COLOUR (PTY)LTD

 

 

Registered Office :

259 Koornhof Road, Meadowdale Ext 1, Germiston, 1401

 

 

Country :

South Africa

 

 

Date of Incorporation :

17.07.1969

 

 

Com. Reg. No.:

M1969/010925/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

manufacturer of plastic products such as Injection Moulding, Extrusion (film, cast and sheet) and Blow Moulding. The four plants comprises of the Masterbatch, Pigments, Pastes and Liquids.

 

 

No. of Employees :

Not Available 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown 

 

 

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – 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. 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

PERFORMANCE COLOUR SYSTEMS (PTY)LTD

Country

South Africa

Subject Contact Person

LYLE PETERS - Director

Assessment

This is a well-established business.

 

On investigation contact was made with LYLE PETERS the director of the business who declined to assist with the required information on the subject.

 

He has requested the name of the principal enquirer before he may divulge any information.

 

Please see the available information below.

 

 

Company information

 

Registered Name

PERFORMANCE COLOUR SYSTEMS (PTY)LTD

Trading as/ Division Name

CUSTOM-COLOUR

Previous Name

CUSTOM COLOUR (PTY)LTD

Date of Name Change

Aug 20 2012 12:00AM

Registration Number

M1969/010925/07

Registration Date

1969/07/17

Date Commenced Trading

July 1969

Age of Business

43 Years 5 Months

History of Business

PERFORMANCE COLOUR SYSTEMS (PTY)LTD was established in July 1969 and underwent a name change from CUSTOM COLOUR (PTY)LTD to the current name on August 2012

History of Principals

There are 9 active directors

Shareholders/Members/Partners of subject and % holding

The shareholding was not made available

Authorised Share Capital

R 0.00

Issued Share Capital/Members Contribution

R 0.00

Status

In Business

Operations Assessment

The subject is involved in the manufacture of plastic products such as Injection Moulding, Extrusion (film, cast and sheet) and Blow Moulding. The four plants comprises of the Masterbatch, Pigments, Pastes and Liquids.

Industry/ Customers

Chemical Sector

Export

Unknown

Import

Unknown

Major Industry Code / SICC

33800

Definition of Code

Manufacture of plastic products

Head Office Physical Address

259 Koornhof Road, Meadowdale Ext 1, Germiston, 1401, South Africa

Head Office Postal Address

P.O.Box 984, Edenvale, 1610

Current Tel Number

0119612700

Cell Number

0823315356

Current Fax Number

0119612799

Current Email Address

Unavailable

Web Site Address

www.customcolour.co.za

 

 

Auditors information

 

Company Registered Name

LEONARD DE VOS - 5909145013089

Trading Name

DE VOS RICHARDS

Registration Number

Sole Proprietorship

Physical Address

PANORAMA OFFICE ESTATE, 605 KUDU STREET, ALLEN'S NEK, ROODEPOORT

Postal Address

P O BOX 6910, WESTGATE, 1734

Contact Person

L DE VOS

Contact Number

011675186

Principals

1

Judgements Against Subject

No information on file

Judgements Against Principals

No information on file

Subject Verified as Client

Yes

Practice Number

914584

VAT Number

4450115011

BEE Status

Undisclosed

Financial Year End

March

No of years in Business

5

Website

None

Previous Auditors

Company Name

Phone Number

Time with previous auditors

Comment

PRICE WATERHOUSECOOPERS

 

13

 

 

 

Tax information

 

Vat Number

4600219671

Status

ACTIVE

Vat Liable Date

2005/04/01

Tax Number

9207004848

Tax Clearance Expire Date

 

Financial Year End

February

 

Black Economic Empowerment Information - No Information on Record

ISO Status

 

Type of ISO Grade

ISO 9001:2008 certified

ISO Certificate

Yes

ISO Certificate Available

Yes

Certified by an Accredited Agent

Yes

 

Work Mans Information - No Information on Record

 

Company Structure

 

Subsidiaries Information - No Information on Record

 

Employees Information - No Information on Record

 

Company Fleet Information - No Information on Record

 

Offices Information - No Information on Record

 

 

Branch Information

 

Branches Names

Country

Province

Performance Colour Systems-CAPE TOWN

South Africa

WESTERN CAPE

Performance Colour Systems-Durban

South Africa

Kwa-Zulu Natal

 

Branch Detail Information

Comment

5 Linus Street Beaconvale Industria Parow, Cape Town,sOUTH AFRICATel: 031 701 1202Fax: 031 701 2296

 

Comment

Tel: 031 701 1202Fax: 031 701 2296Unit 22 Maxmead Industrial CentreNo 8 Reed Place,Pine Town,Kwa-Zulu Natal

 


Management Overview

 

Organisational Chart - No Information on Record

 

Company Structure Information - No Information on Record

Note: One level up and all levels down

 

Key Deals - No Information on Record

 

Trade References Information - No Information on Record

 

 

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 - No Information on Record

 

Bank Code History - No Information on Record

 

Previous Bank Account Information - No Information on Record

 

Deeds Information - No information on record

 

Principals

 

Number of Principals

9

Average Age of Active Principals

55

 

Active Principals Principal - 1 of 9 LYLE PETERS

Surname

PETERS

First Name

LYLE

Other Names

None

Marital Status

Single

ID Number

7701025183084

Verified ID Number

Yes

Current Age

35

Designation

DIRECTOR

Status

Active

Appointment Date

2011/07/26

Physical Address (at time of Appointment)

UNIT 52, SPLICE RIVIERA, 4 MAIN ROAD, KILLARNEY, 2193

Postal Address

PRIVATE BAG X 4000, BEDFORDVIEW, 2008

Current Tel Number

0113724642

Cell number

0823315356

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for LYLE PETERS

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

KANNAR CC

B2000/000632/23

In Business

0

0

No

 

PERFORMANCE COLOUR SYSTEMS (PTY)LTD

M1969/010925/07

In Business

43 Years 7 Months

0

No

 

ALGLAN

PROPERTIES

(PTY)LTD

M1988/000713/07

In Business

0

0

No

 

DARYN AND LYLE

INVESTMENTS

(PTY)LTD

M1992/002529/07

Conversion CO/CC or CC/CO

20 Years 8 Months

0

No

 

LIQUID COLOURS (PTY)LTD

M1992/005516/07

In Business

20 Years 8 Months

0

No

 

STAND 79 FOUNDERS HILL (PTY)LTD

M1995/007503/07

In Business

17 Years 5 Months

0

No

 

STAND 17 FOUNDERS HILL (PTY)LTD

M1995/007504/07

In Business

17 Years 5 Months

0

No

 

STAND 18 FOUNDERS HILL (PTY)LTD

M1995/007520/07

In Business

17 Years 5 Months

0

No

 

CHEMIPOL

SOLUTIONS

(PTY)LTD

M1999/002078/07

In Business

13 Years 1 Months

0

No

 

SPEED BIRD INVESTMENT HOLDINGS (PTY)LTD

M2000/015557/07

In Business

0

0

No

 

POLYMER COLOUR SYSTEMS (PTY)LTD

M2002/000885/07

In Business

10 Years 10 Months

0

No

 

FURSALVUS

TECHNOLOGIES

(PTY)LTD

M2005/024319/07

In Business

7 Years 7 Months

0

No

 

ELIXIR CONCEPTS (PTY)LTD

M2006/020275/07

In Business

6 Years 6 Months

0

No

 

ELIXIR CONCEPTS -BAKER STREET (PTY)LTD

M2007/009205/07

In Business

5 Years 5 Months

0

No

 

ELIXIR CONCEPTS -MONTE CASINO (PTY)LTD

M2007/009476/07

In Business

5 Years 5 Months

0

No

 

ELIXIR CONCEPTS -GREENSTONE MALL (PTY)LTD

M2007/011911/07

In Business

5 Years 5 Months

0

No

 

ELIXIR CONCEPTS -

 

 

 

 

 

 

EAST RAND MALL

M2008/012828/07

In Business

4 Years 4 Months

0

No

 

(PTY)LTD

 

 

 

 

 

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                                               10 Years

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

LUSITANA WINE AND OLIVE OIL (PTY)LTD

M1996/015522/07

Deregistration Process

16 Years 4 Months

0

No

 

ELIXIR CONCEPTS -VILLAGE VIEW (PTY)LTD

M2007/009034/07

In Business

5 Years 5 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for LYLE PETERS

 

Title Deed No.

ST60530/2006

Erf/Site No.

28,0

Deeds Office

JOHANNESBURG

Physical Address

13 RIVIERA RIVIERA JOHANNESBURG

Property Type

Sectional Title / Unit

Extent / Size

106.0SQM

Purchase Date

2005/09/30

Purchase price

 

% Ownership

0.00

Bond Holder

FIRSTRAND BANK LTD

Bond Number

SB849742006

Bond Amount

 

 

Principal - 2 of 9 GLENN ROPPA

 

Surname

ROPPA

First Name

GLENN

Other Names

None

Marital Status

Married

ID Number

6402015058086

Verified ID Number

Yes

Current Age

48

Designation

DIRECTOR

Status

Active

Appointment Date

2011/07/26

Physical Address (at time of Appointment)

25 SYCAMORE CLOSE, UNIT NO .1, DOWERGLEN EXT 3, 1609

Postal Address

P O BOX 984, EDENVALE, 1610

Current Tel Number

0113724600

Cell number

0824168352

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for GLENN ROPPA

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

LUANSHA PROPERTY CC

B1999/056022/23

In Business

13 Years 1 Months

0

No

 

PERFORMANCE COLOUR SYSTEMS (PTY)LTD

M1969/010925/07

In Business

43 Years 7 Months

0

No

 

POLYMER COLOUR SYSTEMS (PTY)LTD

M2002/000885/07

In Business

10 Years 10 Months

0

No

 

 

Principal - 3 of 9

 

RICCARDO DI-BLASIO

 

Surname

DI-BLASIO

First Name

RICCARDO

Other Names

None

Marital Status

Married

ID Number

7202265095088

Verified ID Number

Yes

Current Age

40

Designation

DIRECTOR

Status

Active

Appointment Date

2011/07/26

Physical Address (at time of Appointment)

3 DUNVEGAN ESTATES, CNR. LEN OATES & GLODOWER AVANEU, DUNVEGAN, 1609

Postal Address

P O BOX 984, EDENVALE, 1610

Current Tel Number

0119612700

Cell number

0845175145

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for RICCARDO DI-BLASIO

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

WAVELENGTHS 1348 CC

B2003/084635/23

In Business

9 Years 9 Months

0

No

 

PERFORMANCE COLOUR SYSTEMS (PTY)LTD

M1969/010925/07

In Business

43 Years 7 Months

0

No

 

POLYMER COLOUR SYSTEMS (PTY)LTD

M2002/000885/07

In Business

10 Years 10 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                       16 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

KARIC CONSULTANTS CC

B1996/029095/23

In Business

16 Years 4 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for RICCARDO DI-BLASIO

 

Title Deed No.

T75068/2005

Erf/Site No.

 

Deeds Office

JOHANNESBURG

Physical Address

22C WALD DUNVEGAN EDENVALE

Property Type

Freehold / Ervin

Extent / Size

704.0SQM

Purchase Date

2005/09/06

Purchase price

 

% Ownership

0.00

Bond Holder

FIRSTRAND BANK LTD

Bond Number

B1004282005

Bond Amount

 

 

Principal - 4 of 9 CHAD FRANCIS

 

Surname

FRANCIS

First Name

CHAD

Other Names

None

Marital Status

Married

ID Number

6403025074089

Verified ID Number

Yes

Current Age

48

Designation

DIRECTOR

Status

Active

Appointment Date

2007/03/01

Physical Address (at time of Appointment)

17 SANTA MONICA BOULEVARD, CENTURION GOLF ESTATE, JOHN VOSTER DRIVE, CENTURION, 0046

Postal Address

P O BOX 66015, HIGHVELD EXTENSION 7, 0169

Current Tel Number

0119612700

Cell number

0836292731

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for CHAD FRANCIS

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

G P J REPAIRS CC

B1996/041447/23

In Business

16 Years 4 Months

0

No

 

WAVELENGTHS 1348 CC

B2003/084635/23

In Business

9 Years 9 Months

0

No

 

PERFORMANCE COLOUR SYSTEMS (PTY)LTD

M1969/010925/07

In Business

43 Years 7 Months

0

No

 

CHEMIPOL

SOLUTIONS

(PTY)LTD

M1999/002078/07

In Business

13 Years 1 Months

0

No

 

SPEED BIRD INVESTMENT HOLDINGS (PTY)LTD

M2000/015557/07

In Business

0

0

No

 

POLYMER COLOUR SYSTEMS (PTY)LTD

M2002/000885/07

In Business

10 Years 10 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

GPJ SERVICES CC

B1994/042613/23

Deregistration Final

18 Years 6 Months

0

No

 

BAHIT IL BAHIR CC

B1997/015176/23

Deregistration Final

15 Years 3 Months

0

No

 

J D DE JONG

INVESTMENTS

(PTY)LTD

M1978/001317/07

Voluntary Liquidation

34 Years 10 Months

0

Yes

 

 

Principal Deeds Information

 

Property Interests for CHAD FRANCIS

 

Title Deed No.

ST130537/2006

Erf/Site No.

26,53

Deeds Office

PRETORIA

Physical Address

 

Property Type

Sectional Title / Unit

Extent / Size

11.0SQM

Purchase Date

2005/10/09

Purchase price

 

% Ownership

0.00

Bond Holder

FIRSTRAND BANK LTD

Bond Number

SB1645252006

Bond Amount

 

 

Property Interests for CHAD FRANCIS

 

Title Deed No.

ST130537/2006

Erf/Site No.

26,53

Deeds Office

PRETORIA

Physical Address

 

Property Type

Sectional Title / Unit

Extent / Size

103.0SQM

Purchase Date

2005/10/09

Purchase price

 

% Ownership

0.00

Bond Holder

FIRSTRAND BANK LTD

Bond Number

SB1645252006

Bond Amount

 

 

Principal - 5 of 9 GLENN PETERS

 

Surname

PETERS

First Name

GLENN

Other Names

 

Marital Status

 

ID Number

4509105081000

Verified ID Number

Yes

Current Age

67

Designation

DIRECTOR

Status

Active

Appointment Date

2007/03/01

Physical Address (at time of Appointment)

24 CANTERBURG CRESCENT, GALLO MANOR, SANDTON, 2052

Postal Address

P O BOX 3405, EDENVALE, 1610

Current Tel Number

0112734600

Cell number

0835567249

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for GLENN PETERS

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PERFORMANCE COLOUR SYSTEMS (PTY)LTD

M1969/010925/07

In Business

43 Years 7 Months

0

No

 

POLYMER COLOUR SYSTEMS (PTY)LTD

M2002/000885/07

In Business

10 Years 10 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                           13 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

JANBARCO EIENDOMME CC

B1995/038434/23

In Business

17 Years 5 Months

0

No

 

LEBOLOBOLO GAME FARM CC

B1996/049428/23

In Business

16 Years 4 Months

0

No

 

KANNAR CC

B2000/000632/23

In Business

 

0

No

 

HI-TECH INKS (PTY)LTD

M1989/007131/07

In Business

23 Years 11 Months

0

No

 

LIQUID COLOURS (PTY)LTD

M1992/005516/07

In Business

20 Years 8 Months

0

No

 

C P S CHEMICALS (PTY)LTD

M1993/002289/07

In Business

19 Years 7 Months

0

No

 

STAND 79 FOUNDERS HILL (PTY)LTD

M1995/007503/07

In Business

17 Years 5 Months

0

No

 

STAND 17 FOUNDERS HILL (PTY)LTD

M1995/007504/07

In Business

17 Years 5 Months

0

No

 

STAND 18 FOUNDERS HILL (PTY)LTD

M1995/007520/07

In Business

17 Years 5 Months

0

No

 

LUSITANA WINE AND OLIVE OIL (PTY)LTD

M1996/015522/07

Deregistration Process

16 Years 4 Months

0

No

 

TOLLCHEM (PTY)LTD

M1997/001063/07

Deregistration Final

15 Years 3 Months

0

No

 

HI-TECH INKS CAPE (PTY)LTD

M1998/019845/07

In Business

14 Years 2 Months

0

No

 

CHEMIPOL SOLUTIONS (PTY)LTD

M1999/002078/07

In Business

13 Years 1 Months

0

No

 

CHEMIPOL TRADING (NATAL) (PTY)LTD

M1999/002082/07

Deregistration Process

13 Years 1 Months

0

No

 

HI-TECH INKS DURBAN (PTY)LTD

M1999/015084/07

Deregistration Final

13 Years 1 Months

0

No

 

HI-TECH INKS GAUTENG (PTY)LTD

M1999/023794/07

Deregistration Final

13 Years 1 Months

0

No

 

UNIT 107 COZUMEL

INVESTMENTS

(PTY)LTD

M1999/024935/07

In Business

13 Years 1 Months

0

No

 

TOPAZ ADHESIVES AND COATINGS (PTY)LTD

M1999/025909/07

Deregistration Process

13 Years 1 Months

0

No

 

SPEED BIRD INVESTMENT HOLDINGS (PTY)LTD

M2000/015557/07

In Business

 

0

No

 

KANNAR EARTH SCIENCE (PTY)LTD

M2005/029268/07

In Business

7 Years 7 Months

0

No

 

STAND 28 FOUNDERS HILL (PTY)LTD

M2007/009032/07

In Business

5 Years 5 Months

0

No

 

 


Principal - 6 of 9

 

PHILLIPPE LAGESSE

Surname

LAGESSE

First Name

PHILLIPPE

Other Names

None

Marital Status

Married

ID Number

4811295174102

Verified ID Number

Yes

Current Age

64

Designation

Director

Status

Active

Appointment Date

2007/03/01

Physical Address (at time of Appointment)

P O BOX 804, KEMPTON PARK, 1620

Postal Address

P O BOX 804, KEMPTON PARK, 1620

Current Tel Number

0119612700

Cell number

0837036392

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for PHILLIPPE LAGESSE

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PERFORMANCE COLOUR SYSTEMS (PTY)LTD

M1969/010925/07

In Business

43 Years 7 Months

0

No

 

POLYMER COLOUR SYSTEMS (PTY)LTD

M2002/000885/07

In Business

10 Years 10 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                       20 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

VACUTRONICS CC

B1986/021576/23

Conversion CO/CC or CC/CO

26 Years 2 Months

0

No

 

TIATRID AGENCIES CC

B1987/012135/23

Deregistration Final

25 Years 1 Months

0

No

 

ERF 5491 BRYANSTON EXT 85 CC

B1999/022286/23

Deregistration Final

13 Years 1 Months

0

No

 

MOKAIKAI SITE 43 CC

B2001/029223/23

In Business

11 Years 11 Months

0

No

 

BECHARD LAGESSE IMPORTERS AND EXPORTERS (PTY)LTD

M1983/008770/07

Deregistration Final

29 Years 5 Months

0

No

 

 

Principal - 7 of 9 ALFRED MC CREADIE

 

Surname

MC CREADIE

First Name

ALFRED

Other Names

None

Marital Status

Married

ID Number

4810175096088

Verified ID Number

Yes

Current Age

64

Designation

DIRECTOR

Status

Active

Appointment Date

2007/03/01

Physical Address (at time of Appointment)

107 KLOOF ROAD, BEDFORDVIEW, 2001

Postal Address

P.O. BOX 2685, EDENVALE, 1609

Current Tel Number

0113724600

Cell number

0823300078

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for ALFRED MC CREADIE

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

KANNAR CC

B2000/000632/23

In Business

0

0

No

 

PERFORMANCE COLOUR SYSTEMS (PTY)LTD

M1969/010925/07

In Business

43 Years 7 Months

0

No

 

ALGLAN

PROPERTIES

(PTY)LTD

M1988/000713/07

In Business

0

0

No

 

HI-TECH INKS (PTY)LTD

M1989/007131/07

In Business

23 Years 11 Months

0

No

 

LIQUID COLOURS (PTY)LTD

M1992/005516/07

In Business

20 Years 8 Months

0

No

 

STAND 79 FOUNDERS HILL (PTY)LTD

M1995/007503/07

In Business

17 Years 5 Months

0

No

 

STAND 17 FOUNDERS HILL (PTY)LTD

M1995/007504/07

In Business

17 Years 5 Months

0

No

 

STAND 18 FOUNDERS HILL (PTY)LTD

M1995/007520/07

In Business

17 Years 5 Months

0

No

 

HI-TECH INKS CAPE (PTY)LTD

M1998/019845/07

In Business

14 Years 2 Months

0

No

 

SPEED BIRD INVESTMENT HOLDINGS (PTY)LTD

M2000/015557/07

In Business

0

0

No

 

POLYMER COLOUR SYSTEMS (PTY)LTD

M2002/000885/07

In Business

10 Years 10 Months

0

No

 

FURSALVUS

TECHNOLOGIES

(PTY)LTD

M2005/024319/07

In Business

7 Years 7 Months

0

No

 

KANNAR EARTH SCIENCE (PTY)LTD

M2005/029268/07

In Business

7 Years 7 Months

0

No

 

STAND 28 FOUNDERS HILL (PTY)LTD

M2007/009032/07

In Business

5 Years 5 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                       10 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

MC CREADIE FAMILY INVESTMENTS CC

B1991/028816/23

Dissolved

21 Years 9 Months

0

No

 

LUSITANA WINE AND OLIVE OIL (PTY)LTD

M1996/015522/07

Deregistration Process

16 Years 4 Months

0

No

 

TOLLCHEM (PTY)LTD

M1997/001063/07

Deregistration Final

15 Years 3 Months

0

No

 

CHEMIPOL SOLUTIONS (PTY)LTD

M1999/002078/07

In Business

13 Years 1 Months

0

No

 

CHEMIPOL TRADING (NATAL) (PTY)LTD

M1999/002082/07

Deregistration Process

13 Years 1 Months

0

No

 

HI-TECH INKS DURBAN (PTY)LTD

M1999/015084/07

Deregistration Final

13 Years 1 Months

0

No

 

HI-TECH INKS GAUTENG (PTY)LTD

M1999/023794/07

Deregistration Final

13 Years 1 Months

0

No

 

UNIT 107 COZUMEL

INVESTMENTS

(PTY)LTD

M1999/024935/07

In Business

13 Years 1 Months

0

No

 

TOPAZ ADHESIVES AND COATINGS (PTY)LTD

M1999/025909/07

Deregistration Process

13 Years 1 Months

0

No

 

ELIXIR CONCEPTS (PTY)LTD

M2006/020275/07

In Business

6 Years 6 Months

0

No

 

ELIXIR CONCEPTS -VILLAGE VIEW (PTY)LTD

M2007/009034/07

In Business

5 Years 5 Months

0

No

 

ELIXIR CONCEPTS -BAKER STREET (PTY)LTD

M2007/009205/07

In Business

5 Years 5 Months

0

No

 

ELIXIR CONCEPTS -MONTE CASINO (PTY)LTD

M2007/009476/07

In Business

5 Years 5 Months

0

No

 

ELIXIR CONCEPTS -GREENSTONE MALL (PTY)LTD

M2007/011911/07

In Business

5 Years 5 Months

0

No

 

ELIXIR CONCEPTS -EAST RAND MALL (PTY)LTD

M2008/012828/07

In Business

4 Years 4 Months

0

No

 

 


Principal - 8 of 9 GRAHAM PALMER

 

Surname

PALMER

First Name

GRAHAM

Other Names

GEORGE

Marital Status

Married

ID Number

5009055118018

Verified ID Number

Yes

Current Age

62

Designation

DIRECTOR

Status

Active

Appointment Date

2007/03/01

Physical Address (at time of Appointment)

22 LIEBENBERG STR, CONSTANAI KLOOF, 0000

Postal Address

PO BOX 3405, EDENVALE, 1610

Current Tel Number

0314650601

Cell number

0829048710

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for GRAHAM PALMER

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

JICAMA 318 (PTY)LTD

2010/005131/07

In Business

2 Years 2 Months

0

No

 

KANNAR CC

B2000/000632/23

In Business

0

0

No

 

PERFORMANCE COLOUR SYSTEMS (PTY)LTD

M1969/010925/07

In Business

43 Years 7 Months

0

No

 

TOPAZ INKS (PTY)LTD

M1984/004550/07

Conversion CO/CC or CC/CO

28 Years 4 Months

0

No

 

HI-TECH INKS (PTY)LTD

M1989/007131/07

In Business

23 Years 11 Months

0

No

 

LIQUID COLOURS (PTY)LTD

M1992/005516/07

In Business

20 Years 8 Months

0

No

 

METALVUOTO PACK SOUTH AFRICA (PTY)LTD

M1997/006389/07

In Business

15 Years 3 Months

0

No

 

HI-TECH INKS CAPE (PTY)LTD

M1998/019845/07

In Business

14 Years 2 Months

0

No

 

CHEMIPOL

SOLUTIONS

(PTY)LTD

M1999/002078/07

In Business

13 Years 1 Months

0

No

 

UNIT 107 COZUMEL INVESTMENTS (PTY)LTD

M1999/024935/07

In Business

13 Years 1 Months

0

No

 

POLYMER COLOUR SYSTEMS (PTY)LTD

M2002/000885/07

In Business

10 Years 10 Months

0

No

 

STAND 28 FOUNDERS HILL (PTY)LTD

M2007/009032/07

In Business

5 Years 5 Months

0

No

 

HI-TECH INKS

HOLDINGS

(PTY)LTD

M2010/005116/07

In Business

2 Years 2 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                       12 Years

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

C P S CHEMICALS (PTY)LTD

M1993/002289/07

In Business

19 Years 7 Months

0

No

 

STAND 79 FOUNDERS HILL (PTY)LTD

M1995/007503/07

In Business

17 Years 5 Months

0

No

 

STAND 17 FOUNDERS HILL (PTY)LTD

M1995/007504/07

In Business

17 Years 5 Months

0

No

 

STAND 18 FOUNDERS HILL (PTY)LTD

M1995/007520/07

In Business

17 Years 5 Months

0

No

 

LUSITANA WINE AND OLIVE OIL (PTY)LTD

M1996/015522/07

Deregistration Process

16 Years 4 Months

0

No

 

HI-TECH INKS DURBAN (PTY)LTD

M1999/015084/07

Deregistration Final

13 Years 1 Months

0

No

 

HI-TECH INKS GAUTENG (PTY)LTD

M1999/023794/07

Deregistration Final

13 Years 1 Months

0

No

 

TOPAZ ADHESIVES AND COATINGS (PTY)LTD

M1999/025909/07

Deregistration Process

13 Years 1 Months

0

No

 

PPM CHEMICALS (PTY)LTD

M2000/001109/07

Deregistration Final

 

0

No

 

SPEED BIRD INVESTMENT HOLDINGS (PTY)LTD

M2000/015557/07

In Business

 

0

No

 

KANNAR EARTH SCIENCE (PTY)LTD

M2005/029268/07

In Business

7 Years 7 Months

0

No

 

 

Principal - 9 of 9 ALLAN PETERS

 

Surname

PETERS

First Name

ALLAN

Other Names

None

Marital Status

Divorced

ID Number

4402265072086

Verified ID Number

Yes

Current Age

68

Designation

DIRECTOR

Status

Active

Appointment Date

2007/03/01

Physical Address (at time of Appointment)

STAND 369 EMERALD CORNER, EMERALD ESTATE, GREENSTONE HILL, MODDERFONTEIN, 2065

Postal Address

P O BOX 2685, EDENVALE, 1609

Current Tel Number

0113724600

Cell number

0832660602

Shareholding/Membership

0.0000

 

Principal's Adverse - No information on record

 

Business Information for ALLAN PETERS

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

KANNAR CC

B2000/000632/23

In Business

0

0

No

 

PERFORMANCE COLOUR SYSTEMS (PTY)LTD

M1969/010925/07

In Business

43 Years 7 Months

0

No

 

ALGLAN

PROPERTIES

(PTY)LTD

M1988/000713/07

In Business

0

0

No

 

HI-TECH INKS (PTY)LTD

M1989/007131/07

In Business

23 Years 11 Months

0

No

 

LIQUID COLOURS (PTY)LTD

M1992/005516/07

In Business

20 Years 8 Months

0

No

 

STAND 79 FOUNDERS HILL (PTY)LTD

M1995/007503/07

In Business

17 Years 5 Months

0

No

 

STAND 17 FOUNDERS HILL (PTY)LTD

M1995/007504/07

In Business

17 Years 5 Months

0

No

 

STAND 18 FOUNDERS HILL (PTY)LTD

M1995/007520/07

In Business

17 Years 5 Months

0

No

 

ROYAL PALM

HOMEOWNERS

ASSOCIATION

M1996/011968/08

In Business

16 Years 4 Months

0

No

 

HI-TECH INKS CAPE (PTY)LTD

M1998/019845/07

In Business

14 Years 2 Months

0

No

 

CHEMIPOL

SOLUTIONS

(PTY)LTD

M1999/002078/07

In Business

13 Years 1 Months

0

No

 

SPEED BIRD INVESTMENT HOLDINGS (PTY)LTD

M2000/015557/07

In Business

0

0

No

 

POLYMER COLOUR SYSTEMS (PTY)LTD

M2002/000885/07

In Business

10 Years 10 Months

0

No

 

FURSALVUS

TECHNOLOGIES

(PTY)LTD

M2005/024319/07

In Business

7 Years 7 Months

0

No

 

KANNAR EARTH SCIENCE (PTY)LTD

M2005/029268/07

In Business

7 Years 7 Months

0

No

 

STAND 28 FOUNDERS HILL (PTY)LTD

M2007/009032/07

In Business

5 Years 5 Months

0

No

 

 


Principal Previous Business Interests

 

Average Age of Previous Business                                                                       12 Years

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

LUSITANA WINE AND OLIVE OIL (PTY)LTD

M1996/015522/07

Deregistration Process

16 Years 4 Months

0

No

 

TOLLCHEM (PTY)LTD

M1997/001063/07

Deregistration Final

15 Years 3 Months

0

No

 

CHEMIPOL TRADING (NATAL) (PTY)LTD

M1999/002082/07

Deregistration Process

13 Years 1 Months

0

No

 

HI-TECH INKS DURBAN (PTY)LTD

M1999/015084/07

Deregistration Final

13 Years 1 Months

0

No

 

HI-TECH INKS GAUTENG (PTY)LTD

M1999/023794/07

Deregistration Final

13 Years 1 Months

0

No

 

UNIT 107 COZUMEL

INVESTMENTS

(PTY)LTD

M1999/024935/07

In Business

13 Years 1 Months

0

No

 

TOPAZ ADHESIVES AND COATINGS (PTY)LTD

M1999/025909/07

Deregistration Process

13 Years 1 Months

0

No

 

KANNAR BIO -

TECHNOLOGIES

(PTY)LTD

M2007/019978/07

Deregistration Final

5 Years 5 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for ALLAN PETERS

Title Deed No.

T36433/2005

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

EMERALD ESTATE JOHANNESBURG

Property Type

Freehold / Ervin

Extent / Size

640.0SQM

Purchase Date

2003/10/01

Purchase price

 

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B398582005

Bond Amount

 

 


 

Property Interests for ALLAN PETERS

Title Deed No.

T96021/2002

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

 

Property Type

Farms

Extent / Size

1.21H

Purchase Date

2002/05/20

Purchase price

 

% Ownership

0.00

Bond Holder

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.99

UK Pound

1

Rs.102.67

Euro

1

Rs.83.98

 

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.