|
Report Date : |
30.01.2014 |
IDENTIFICATION DETAILS
|
Name : |
TREVOR SMITH SPORTS
(PTY)LTD |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
15.05.2002 |
|
|
|
|
Com. Reg. No.: |
M2002/011406/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Retail trade in sports goods and entertainment requisites |
|
|
|
|
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 |
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|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made on
e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 01, 2013
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
South Africa |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SOUTH AFRICA - ECONOMIC OVERVIEW
South Africa is a
middle-income, emerging market with an abundant supply of natural resources;
well-developed financial, legal, communications, energy, and transport sectors
and a stock exchange that is the 15th largest in the world. Even though the
country possesses modern infrastructure that support a relatively efficient
distribution of goods to major urban centers throughout the region, some
components retard growth. The economy began to slow in the second half of 2007
due to an electricity crisis. State power supplier Eskom encountered problems
with aging plants and meeting electricity demand necessitating
"load-shedding" cuts in 2007 and 2008 to residents and businesses in
the major cities. Subsequently, the global financial crisis reduced commodity
prices and world demand. GDP fell nearly 2% in 2009 but has recovered since
then. Unemployment, poverty, and inequality remain a challenge, with official
unemployment at nearly 25% of the work force. Eskom has built two new power
stations and installed new power demand management programs to improve power
grid reliability. South Africa's economic policy has focused on controlling
inflation, however, the country has had significant budget deficits that
restrict its ability to deal with pressing economic problems. The current
government faces growing pressure from special interest groups to use
state-owned enterprises to deliver basic services to low-income areas and to
increase job growth
|
Source
: CIA |
|
Subject
Name |
TREVOR SMITH
SPORTS (PTY)LTD |
|
Country |
South
Africa |
|
Enquiry
Terms |
COD |
|
Account
Review |
Recommended
Every 3 Months |
|
Subject
Contact Person |
VIRANDRAPRAKESH
ARJOON SINGH - Financial Director |
|
Assessment |
This is an established business. On
investigation contact was made with VIRANDRAPRAKESH ARJOON SINGH, the
financial director, who declined to assist with the required information at
present. He requested the name of the principal enquirer before he may
consider divulging any information. Please see the available information on
the subject below. |
|
Registered
Name |
TREVOR
SMITH SPORTS (PTY)LTD |
|
Trading
as/ Division Name |
None |
|
Previous
Name |
None |
|
Date of
Name Change |
None |
|
Registration
Number |
M2002/011406/07 |
|
Registration
Date |
2002/05/15 |
|
Date
Commenced Trading |
2002-05-15 |
|
Age of
Business |
11 Years 8
Months |
|
History of
Business |
The subject commenced trading as a
new company in 2002. |
|
History of
Principals |
There are 4
directors within the company. |
|
Shareholders/Members/Partners
of subject and % holding |
Unavailable |
|
Authorised
Share Capital |
R0.00 |
|
Issued
Share Capital/Members Contribution |
R0.00 |
|
Status |
In
Business |
|
Operations
Assessment |
Supply of sports
clothes and material. |
|
Industry/
Customers |
Schools, sports organisations and
government organisations |
|
Export |
Unknown |
|
Export
Countries |
|
|
Import |
Unknown |
|
Import
Countries |
|
|
Major
Industry Code / SICC |
62393 |
|
Definition
of Code |
Retail
trade in sports goods and entertainment requisites |
|
Head
Office Physical Address |
21 SCOTT
STREET, NEW CASTLE, KWAZULU NATAL, 2940 |
|
Head
Office Postal Address |
PO BOX 51,
NEWCASTLE, 2940 |
|
Current
Tel Number |
0343127178 |
|
Cell Number |
Unavailable |
|
Current
Fax Number |
0343127181 |
|
Current
Email Address |
|
|
Web Site
Address |
|
|
Comments |
|
|
Company Registered Name |
JAMES AND KRUGER INC |
|
Trading Name |
JAMES AND KRUGER |
|
Registration Number |
2001/000672/21 |
|
Physical Address |
47 VOORTREKKER STREET, NEWCASTLE,
2140 |
|
Postal Address |
PRIVATE BAG X6647, NEWCASTLE, 2940 |
|
Contact Person |
LUIS KRUGER |
|
Contact Number |
0343123400 |
|
Email |
|
|
Principals |
3 |
|
Judgements Against Subject |
None On Record |
|
Judgements Against Principals |
None On Record |
|
Subject Verified as Client |
Yes |
|
Practice Number |
900258 |
|
VAT Number |
Unavailable |
|
Tax Number |
9212222146 |
|
BEE Status |
Unavailable |
|
Financial Year End |
February |
|
No of years in Business |
4 Years 9 Months |
|
Website |
|
|
Comment |
|
Previous
Auditors Information - No Information on Record
|
Vat Number |
4530102773 |
|
Status |
ACTIVE |
|
Vat Liable
Date |
1991/09/30 |
|
Tax Number |
9710020216 |
|
Tax
Clearance Expire Date |
|
|
Financial
Year End |
February |
|
Comment |
|
Black Economic Empowerment Information -
No Information on Record
Iso Information - No Information on Record
Work Mans Information -
No Information on Record
Subsidiaries
Information - No Information on Record
Employees Information - No
Information on Record
Company Fleet
Information - No Information on Record
Offices Information - No Information on Record
Branch Information - No Information on Record
Organisation Chart
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
FINANCIAL DIRECTOR |
VIRANDRAPRAKASH ARJOON SINGH |
|
Company Structure Information
- No Information on Record
Note: One level up and all levels down
Key deals - No Information on Record
Trade references information - No Information on Record
Judgements -
No Information on Record
Buinessrescue - No Information on Record
Default Listing - No Information on Record
Naotarial Bonds - No Information on Record
Bank Information - No Information on Record
Bank Code History
- No Information on Record
Previous Bank Account Information - No Information on Record
Deeds Information - No Information on Record
|
Number of
Principals |
4 |
|
Average
Age of Active Principals |
68 |
|
Active Principals
Principal
- 1of 4 KEVIN
WOODINGS |
|
|
Surname |
WOODINGS |
|
First Name |
KEVIN |
|
Other
Names |
JOHN |
|
Marital
Status |
|
|
ID Number |
6110115043102 |
|
Verified
ID Number |
Yes |
|
Current
Age |
52 Years 3
Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2009/03/04 |
|
Physical
Address (at time of Appointment) |
10 GRYSBOK
AVENUE, HUTTEN HEIGHTS, NEWCASTLE, 2940 |
|
Postal
Address |
PO BOX 51,
NEWCASTLE, 2940 |
|
Current
Tel Number |
0343127178 |
|
Cell
number |
0836915443 |
|
Shareholding/Membership |
0.00 |
Principal’s Adverse – no
information on record
Business Information
forKEVIN WOODINGS
Principal Current Business
Interests
|
Company
Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
TREVOR SMITH SPORTS (PTY)LTD |
M2002/011406/07 |
In Business |
0 |
0 |
No |
|
|
Company Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
|
|
|
|
|
|
|
|
Principal - 2of 4 VIRANDRAPRAKASH SINGH |
|
|
Surname |
SINGH |
|
First Name |
VIRANDRAPRAKASH |
|
Other
Names |
ARJOON |
|
Marital
Status |
|
|
ID Number |
5203265135082 |
|
Verified
ID Number |
Yes |
|
Current
Age |
61 Years
10 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2005/03/01 |
|
Physical
Address (at time of Appointment) |
16 ASNIKA
CRESCENT, SURYAVILLE, NEWCASTLE, 2940 |
|
Postal
Address |
PO BOX
2627, NEWCASTLE, 2940 |
|
Current
Tel Number |
0343127178 |
|
Cell
number |
0832344431 |
|
Shareholding/Membership |
0.00 |
Business Information
forVIRANDRAPRAKASH SINGH Principal Current Business Interests
|
Company
Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
TREVOR
SMITH SPORTS (BENONI) CC |
B1993/010440/23 |
In Business |
21 Years 9
Months |
0 |
No |
|
|
TREVOR
SMITH SPORTS (PTY)LTD |
M2002/011406/07 |
In Business |
0 |
0 |
No |
|
Principal Previous Business Interest
|
Company Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
|
|
|
|
|
|
|
Principal's
Deeds Information - No information on record
Principal - 3of 4
TREVOR SMITH
Surname SMITH
First Name TREVOR
Other Names LINDSAY
Marital Status
ID Number 3506035066003
Verified ID Number Yes
Current Age 78
Years 10 Months
Designation Director
Status Active
Appointment Date 2002/05/15
Physical Address (at time of Appointment) 13 VAN SCHALKWYK STREET, NEWCASTLE, 2940
Postal Address P
0 BOX 51, NEWCASTLE, 2940
Current Tel Number 0343122153
Cell number 0836259656
Shareholding/Membership 0.00
Business Information forTREVOR SMITH
Principal
Current Business Interests
|
Company
Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
TREVOR
SMITH SPORTS (BENONI) CC |
B1993/010440/23 |
In Business |
21 Years 9
Months |
0 |
No |
|
|
TREVOR
SMITH SPORTS (PTY)LTD |
M2002/011406/07 |
In Business |
0 |
0 |
No |
|
Principal Previous Business Interest
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CATHKIN
DESIGNS CC |
B2010/075529/23 |
In
Business |
4 Years 4 Months |
0 |
No |
|
|
MOPUTSO INVESTMENTS
NO 18 (PTY) LTD |
M2005/004782/07 |
Provisional Liquidation |
9 Years 9 Months |
0 |
Yes |
|
|
PAMISH INVESTMENTS NO 19 (PTY)LTD |
M2005/004767/07 |
Deregistration Final |
9 Years 9 Months |
0 |
No |
|
Principal's
Deeds Information - No information on record
Principal - 4of 4
JEAN SMITH
Surname SMITH
First Name JEAN
Other Names ELIZABETH
Marital Status
ID Number 3908150070002
Verified ID Number Yes
Current Age 78
Years 5 Months
Designation Director
Status Active
Appointment Date
Physical Address (at time of Appointment) 13 VAN SCHALKWYK STREET, NEWCASTLE, 2940
Postal Address PO
BOX 51, NEWCASTLE, 2940
Current Tel Number 0343127178
Cell number Unavailable
Shareholding/Membership 0.00
Business Information forJEAN SMITH
Principal
Current Business Interests
Company
Name Registration No Status Age
of Business Judgements Liquidation Comment
TREVOR
SMITH
SPORTS
(PTY)LTD M2002/011406/07 In Business 0 0 No
Principal Previous
Business Interest
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
TREVOR SMITH SPORTS (BENONI) CC |
B1993/010440/23 |
In Business |
21 Years 9 Months |
0 |
No |
|
Principal's Deeds Information - No information on record
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.98 |
|
|
1 |
Rs.104.61 |
|
Euro |
1 |
Rs.86.17 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.