|
Report Date : |
18.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
FENNER CONVEYOR BELTING ( |
|
|
|
|
Formerly Known As : |
FENNER PLAST (PTY)LTD |
|
|
|
|
Registered Office : |
21 Diesel Road, Isando, Kempton Park, 1600 |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
08.03.2006 |
|
|
|
|
Com. Reg. No.: |
M2006/006830/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
· manufacturer of Conveyor Belts and Fault Diagnosis on Conveyor Belts. Provider of Engineered Conveyor Solutions. Engaged in designing
and manufacturing Conveyor
Belts which are used in Leading Surface and Underground Collieries manufacturer and supplier of Fire Retardant PVC and
Nitrile Solid Woven Conveyor Belting. Subject product ranges
includes: Steel Cord Plant Fenaplast FR Fenapalst FRSR/PVG/CRG |
|
|
|
|
No. of Employees |
247 |
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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
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 16th largest in the world. Even though the country's
modern infrastructure supports a relatively efficient distribution of goods to
major urban centers throughout the region, unstable electricity supplies retard
growth. The global financial crisis reduced commodity prices and world demand.
GDP fell nearly 2% in 2009 but has recovered since then, albeit slowly with
2014 growth projected at about 2%. Unemployment, poverty, and inequality -
among the highest in the world - remain a challenge. Official unemployment is
at nearly 25% of the work force, and runs significantly higher among black
youth. Eskom, the state-run power company, has built two new power stations and
installed new power demand management programs to improve power grid
reliability. Construction delays at two additional plants, however, mean South
Africa is operating on a razor thin margin; economists judge that growth cannot
exceed 3% until those plants come on line. 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 |
FENNER CONVEYOR BELTING (SOUTH AFRICA) (PTY)LTD |
|
Country |
South Africa |
|
Subject Contact Person |
JOAN BAL - Financial Controller |
|
Assessment |
This is an established business. On investigation contact was made with JOAN BAL the credit controller who assisted with all of the required information. The subject is meeting commitments timeously with their suppliers. Please see the available information on the subject below. |
|
Registered Name |
FENNER CONVEYOR BELTING (SOUTH AFRICA) (PTY)LTD |
|
Trading as/ Division Name |
FENNER CB (SA) |
|
Previous Name |
FENNER PLAST (PTY)LTD |
|
Date of Name Change |
2006-05-29 |
|
Registration Number |
M2006/006830/07 |
|
Registration Date |
2006/03/08 |
|
Date Commenced Trading |
2006-03-08 |
|
Age of Business |
8 Years 4 Months |
|
History of Business |
The company went through a name change in the year 2006 from the name FENNER PLAST (PTY)LTD to FENNER CONVEYOR BELTING (SA) (PTY)LTD. The company is in operation for the past 8 Years and 4 Months. |
|
History of Principals |
There are 6 active directors within the company. |
|
Shareholders/Members/Partners of subject and % holding |
74.9 % - FENNER SA (PTY)LTD, 25.1 % - PEOTONA GROUP HOLDINGS (PTY)LTD |
|
Authorised Share Capital |
R1000.00 |
|
Issued Share Capital/Members Contribution |
R 100.00 |
|
Status |
In Business |
|
Operations Assessment |
· The subject main operation is to manufacture conveyor belts and fault diagnosis on conveyor belts. Provider of Engineered Conveyor Solutions. Engaged in designing
and manufacturing Conveyor Belts
which are used in Leading Surface and Underground Collieries manufacturer and supplier of Fire Retardant PVC and
Nitrile Solid Woven Conveyor Belting. |
|
Product details |
· Steel Cord Plant Fenaplast FR Fenaplast FRSR/PVG/CRG |
|
Industry/ Customers |
The subject supply's to the mining industry. |
|
Export |
Declined |
|
Import |
Declined |
|
Major Industry Code / SICC |
85291 |
|
Definition of Code |
SUPPLY OF MINING EQUIPMENT |
|
Head Office Physical Address |
21 DIESEL ROAD, ISANDO, KEMPTON PARK, 1600 |
|
Head Office Postal Address |
P O BOX 817, ISANDO, GAUTENG, 1600 |
|
Current Tel Number |
0119741902 |
|
Cell Number |
Unavailable |
|
Current Fax Number |
0119741900 |
|
Current Email Address |
|
|
Web Site Address |
|
Company Registered Name |
PRICEWATERHOUSECOPERS 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 |
LINDIWE |
|
Contact Number |
0117974000 |
|
Email |
Unavailable |
|
Principals |
288 |
|
Judgements Against Subject |
None On Record |
|
Judgements Against Principals |
None On Record |
|
Subject Verified as Client |
Yes |
|
Practice Number |
901121 |
|
VAT Number |
4950174682 |
|
Tax Number |
9343032844 |
|
BEE Status |
Level 2 |
|
Financial Year End |
June |
|
No of years in Business |
16 Years |
|
Website |
Previous Auditors Information - No Information on Record
|
Vat Number |
4260228202 |
|
Status |
ACTIVE |
|
Vat Liable Date |
2006/07/01 |
|
Tax Number |
9727893142 |
|
Tax Clearance Expire Date |
2015/02/21 |
|
Financial Year End |
August |
|
Status |
Yes |
|
Score |
5.00 |
|
BEE Certificate Available |
No |
|
Type of ISO Grade |
9001:2000 |
|
ISO Certificate |
Yes |
|
ISO Certificate Available |
No |
|
Certified by an Accredited Agent |
Yes |
|
Registered |
Yes |
|
Compliance Certified |
Yes |
Subsidiaries
Information - No Information on Record
Employees
|
Number of Employees |
247 |
|
1. Salaried employees |
41 |
|
2. Waged employees |
191 |
|
3. Permanent employees |
232 |
|
4. Casual employees |
0 |
|
5. Contracted employees |
15 |
Company Fleet
|
Company Fleet |
No of vehicles: |
Owned/Leased |
Value |
Outstanding Balance |
|
The Fleet is made up of |
2 |
|||
|
Light delivery Vehicles |
2 |
Owned |
|
|
|
Offices |
Offices |
|
Head Office Owned/ Rented |
Owned |
|
Rental Company |
N/A |
|
Owned by |
FERNER SA (PTY)LTD |
|
Bank |
N/A |
|
Lease Agreement |
N/A |
|
Lease Expire Date |
N/A |
|
Type of Premises |
Offices and a factory |
Branch Information - No Information on Record
Organisation Chart
|
Level |
Position |
Name |
|
1 |
Director |
DANIEL CHARLES O'CONNELL |
|
1 |
Director |
NICHOLAS MICHAEL HOBSON |
|
1 |
Director |
WILLIAM JOHN PRATT |
|
1 |
Director |
CHERYL ANN CAROLUS |
|
1 |
Director |
ADALBERTUS JOHANNES |
|
|
|
FRIEDERICH STRUWIG |
|
1 |
Director |
DOLLY DOREEN MOKGATLE |
Company Structure
(Ownership)
Note: One level
up and all levels down
|
Holding |
Company |
Sub |
Comment |
|
74.9% - FENNER
SA (PTY)LTD |
FENNER CONVEYOR BELTING (SOUTH AFRICA) (PTY)LTD |
|
|
|
25.1% - PEOTONA
GROUP HOLDINGS (PTY)LTD |
FENNER CONVEYOR BELTING (SOUTH AFRICA) (PTY)LTD |
|
|
Key Deals - No
Information on Record
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
Comment |
|
1 |
NATAL RUBBER COMPOUNDERS |
0333871330 |
|
|
|
|
2 |
ISEGEN SA |
0319133200 |
|
|
|
|
3 |
NCP CHLORCHEM |
0119213111 |
|
|
The subject declined
to provide a trade reference as per company policy. |
|
4 |
PRO SLITCO |
0315022821 |
|
|
|
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
5 Years |
R 15000000.00 |
R 8000000 |
30 Days |
R 7000000 -8000000 |
30 Days |
This is an
excellent account. |
|
2 |
5 Years |
R 3000000.00 |
R1100000 |
30 Days |
R 400000 |
30 Days |
This is an
excellent account. |
|
3 |
|
|
|
|
|
|
|
|
4 |
6 Years |
R1000000.00 |
R 800000 |
30 Days |
R 400000 |
30 Days |
This is an
excellent account. |
Judgements - No information on record
Business Rescue - No Information on Record
Default Listing - No information on record
Notarial Bonds - No information on record
|
Bank |
NEDBANK |
|
Branch |
EAST RAND BUSINESS BRANCH |
|
Brach Code |
198765 |
|
Bank Account Number |
1288115679 |
|
Type of Account |
CURRENT |
|
Account Name |
FENNER CONVEYOR BELTING (SOUTH AFRICA) (PTY)LTD |
|
Overdraft Facilities |
YES |
|
Bank Code |
C - FOR R1 000 000 |
|
Bank Comment |
The subject's bankers consider them good for all business normal
engagements |
Bank Code History - No Information on Record
Previous Bank Account Information - No Information on Record
Deeds Information - No information on record
|
Previous Year Turnover |
R 327937000.00 |
|
Estimated Current Year Turnover |
R 341092000.00 |
|
Current Turnover per month |
R 31000000.00 |
|
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 |
|
Number of Principals |
10 |
|
Average Age of Active Principals |
49 |
Active Principals
Principal - 1 of 6 NICHOLAS MICHAEL HOBSON
|
Surname |
HOBSON |
|
First Name |
NICHOLAS MICHAEL |
|
Other Names |
None |
|
ID Number |
5902210000000 |
|
Verified ID Number |
No |
|
Current Age |
55 Years 5 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2011/02/16 |
|
Physical Address (at time of Appointment) |
2 HIG STREET, BARTON-UPON-HUMBER,DN18 5PA, UNITED KINGDOM, 0000 |
|
Postal Address |
FENNER PLACE, HESSLEWOOD COUNTRY OFFICE PARK, HESSLEWOOD COUNTRY
OFFICE PARK, HESSLE, HU13, 0000 |
|
Current Tel Number |
0119741902 |
|
Shareholding/Membership |
0.00 |
Principal’s
Adverse – no information on
record
Business
Information for NICHOLAS MICHAEL HOBSON
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
FENNER CONVEYOR BELTING (SOUTH AFRICA) (PTY)LTD |
M2006/006830/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
Principal - 2 of 6
JOHN WILLEM
|
Surname |
WILLEM |
|
First Name |
JOHN |
|
Other Names |
PRATT |
|
ID Number |
6309160000000 |
|
Verified ID Number |
No |
|
Current Age |
50 Years 10 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2009/12/02 |
|
Physical Address (at time of Appointment) |
FOLD HOUSE, LUND E, YORKSHIRE 7058 9TT, UNITED KINGDOM, 0000 |
|
Postal Address |
FENNER PLC, HESSLEWOOD COUNTRY OFFICE PARK, HESSLE HU13, 0000 |
|
Current Tel Number |
0119741902 |
|
Shareholding/Membership |
0.00 |
Principal’s
Adverse – no information on
record
Business Information for JOHN WILLEM
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
FENNER CONVEYOR BELTING (SOUTH AFRICA) (PTY)LTD |
M2006/006830/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
Principal - 3 of 6
CHERYL CAROLUS
|
Surname |
CAROLUS |
|
First Name |
CHERYL |
|
Other Names |
None |
|
ID Number |
5805270795088 |
|
Verified ID Number |
Yes |
|
Current Age |
8 Years 2 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2006/07/01 |
|
Physical Address (at time of Appointment) |
5 MSTREETELFORD MANOR, 33 MELROSE STREET, MELROSE ESTATE 4, Gauteng,
2125 |
|
Postal Address |
PO BOX 4536, RIVONIA, GAUTENG, 2128 |
|
Current Tel Number |
0113393212 |
|
Cell number |
0823243242 |
|
Shareholding/Membership |
0.00 |
Principal’s
Adverse – no information on
record
Business
Information for CHERYL CAROLUS
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
BARGENEL INVESTMENTS LTD |
M1971/011041/06 |
In Business |
43 Years 7 Months |
0 |
No |
|
DBCM HOLDINGS (PTY)LTD |
M1982/010438/07 |
In Business |
32 Years 8 Months |
0 |
No |
|
DE BEERS CONSOLIDATED MINES LTD |
M1888/000007/06 |
In Business |
126 Years 6 Months |
0 |
No |
|
FENNER CONVEYOR BELTING (SOUTH AFRICA) (PTY)LTD |
M2006/006830/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
GOLD FIELDS LTD |
M1968/004880/06 |
In Business |
46 Years 10 Months |
0 |
No |
|
INVESTEC ASSET MANAGEMENT HOLDINGS (PTY)LTD |
M1997/000445/07 |
In Business |
17 Years 5 Months |
0 |
No |
|
INVESTEC LTD |
M1925/002833/06 |
In Business |
89 Years 5 Months |
0 |
No |
|
IQ BUSINESS (PTY)LTD |
M2003/008603/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
LAFARGE INDUSTRIES SOUTH AFRICA (PTY)LTD |
M2005/033309/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
LAFARGE MINING SOUTH AFRICA (PTY)LTD |
M2005/033162/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
MACSTEEL SERVICE CENTRES SA (PTY)LTD |
M2005/016292/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
MELFORD MANOR HOMEOWNERS ASSOCIATION |
M2003/013474/08 |
In Business |
11 Years 11 Months |
0 |
No |
|
MERCEDES-BENZ SOUTH AFRICA (PTY)LTD |
M1962/000271/07 |
In Business |
52 Years 4 Months |
0 |
No |
|
PEARSON EDUCATION ACHIEVEMENT SOLUTIONS (RF) (PTY)LTD |
M1994/009596/07 |
In Business |
20 Years 8 Months |
0 |
No |
|
PEOTONA CAPITAL (PTY)LTD |
M2005/029200/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
PEOTONA DEVELOPMENT |
M2006/000596/08 |
In Business |
8 Years 8 Months |
0 |
No |
|
PEOTONA DEVELOPMENT INVESTMENTS 1 (PTY)LTD |
M2006/023879/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
PEOTONA GOLD (PTY)LTD |
M2005/034180/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
PEOTONA GROUP HOLDINGS (PTY)LTD |
M2005/026925/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
PEOTONA STEEL (PTY)LTD |
M2005/034599/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
PONAHALO CAPITAL (PTY)LTD |
M2005/029180/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
PONAHALO HOLDINGS (PTY)LTD |
M2005/030841/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
PONAHALO INVESTMENTS (PTY)LTD |
M2005/030627/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
SOUL CITY |
M1995/010944/08 |
In Business |
19 Years 7 Months |
0 |
No |
|
SOUTH AFRICAN AIRWAYS (PTY)LTD |
M1997/022444/07 |
In Business |
17 Years 5 Months |
1 |
No |
Principal Previous
Business Interests
Average Age of Previous Business 17
Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
INSTITUTE OF ECONOMIC POLICY |
M1994/004744/08 |
Voluntary Liquidation |
20 Years 8 Months |
0 |
Yes |
|
IQ GROUP HOLDINGS (PTY)LTD |
M2000/004691/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
PAPER PLANE ADVISORY (PTY)LTD |
K2011/105075/07 |
In Business |
3 Years 3 Months |
0 |
No |
|
PG GROUP (PTY)LTD |
M1973/001729/07 |
In Business |
41 Years 5 Months |
0 |
No |
|
SINAKO HOLDINGS (PTY)LTD |
M2006/009116/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
SOUTH AFRICAN AIRWAYS |
M1997/022444/30 |
In Business |
17 Years 5 Months |
0 |
No |
Principal Deeds
Information
Property Interests for CHERYL CAROLUS
|
Title Deed No. |
ST21653/2003 |
Erf/Site No. |
89671,0 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
2 ROSMEAD KALK BAY FISH HOEK |
|
Property Type |
U |
Extent / Size |
|
|
Purchase Date |
2003/10/11 |
Purchase price |
R 678000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
Property Interests for CHERYL CAROLUS
|
Title Deed No. |
T59531/1999 |
Erf/Site No. |
131794 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
72 ANTHONY CAPE TOWN |
|
Property Type |
F |
Extent / Size |
254.00000000 |
|
Purchase Date |
|
Purchase price |
R 0.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
Property Interests for CHERYL CAROLUS
|
Title Deed No. |
T59531/1999 |
Erf/Site No. |
131794 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
72 ANTHONY CAPE TOWN |
|
Property Type |
F |
Extent / Size |
254.00000000 |
|
Purchase Date |
|
Purchase price |
R 0.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
Property Interests for CHERYL CAROLUS
|
Title Deed No. |
T153001/2001 |
Erf/Site No. |
35 |
|
Deeds Office |
PRETORIA |
Physical Address |
19 MAXWELL MACDONALD GLENADRIENNE |
|
Property Type |
F |
Extent / Size |
1983.00000000 |
|
Purchase Date |
2001/11/06 |
Purchase price |
R1200000.00 |
|
% Ownership |
0.00 |
Bond Holder |
NEDCOR BANK LTD |
|
Bond Number |
B995442001 |
Bond Amount |
R1200000.00 |
Property Interests for CHERYL CAROLUS
|
Title Deed No. |
T14366/2011 |
Erf/Site No. |
22 |
|
Deeds Office |
JOHANNESBURG |
Physical Address |
MELROSE ESTATE JOHANNESBURG |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2011/02/21 |
Purchase price |
R 5200000.00 |
|
% Ownership |
0.00 |
Bond Holder |
INVESTEC BANK LTD |
|
Bond Number |
B113262011 |
Bond Amount |
R 5200000.00 |
Principal - 4 of 6
DOLLY MOKGATLE
|
Surname |
MOKGATLE |
|
First Name |
DOLLY |
|
Other Names |
DOREEN |
|
ID Number |
5605160732088 |
|
Verified ID Number |
Yes |
|
Current Age |
58 Years 2 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2006/07/01 |
|
Physical Address (at time of Appointment) |
89 CARLMARIE ROAD, HYDEPARK, JOHANNESBURG, 2196 |
|
Postal Address |
P O BOX 4435,RIVIONA, 2128 |
|
Current Tel Number |
0112594139 |
|
Cell number |
0722601909 |
|
Shareholding/Membership |
0.00 |
Principal’s
Adverse – no information on
record
Business
Information for DOLLY MOKGATLE
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
AFRIKA TIKKUN |
M1998/015527/08 |
In Business |
16 Years 4 Months |
0 |
No |
|
ASH RESOURCES (PTY)LTD |
M1975/000746/07 |
In Business |
39 Years 3 Months |
0 |
No |
|
FENNER CONVEYOR BELTING (SOUTH AFRICA) (PTY)LTD |
M2006/006830/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
HUDACO INDUSTRIES LTD |
M1985/004617/06 |
In Business |
29 Years 5 Months |
0 |
No |
|
HUDACO TRADING (PTY)LTD |
M1984/005432/07 |
In Business |
30 Years 6 Months |
0 |
No |
|
IQ BUSINESS (PTY)LTD |
M2003/008603/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
JUNIOR ACHIEVEMENT SOUTH AFRICA |
M1990/001908/08 |
In Business |
0 |
0 |
No |
|
KUMBA IRON ORE LTD |
M2005/015852/06 |
In Business |
9 Years 9 Months |
0 |
No |
|
LAFARGE INDUSTRIES SOUTH AFRICA (PTY)LTD |
M2005/033309/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
LAFARGE MINING SOUTH AFRICA (PTY)LTD |
M2005/033162/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
MACSTEEL SERVICE CENTRES SA (PTY)LTD |
M2005/016292/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
PEARSON EDUCATION ACHIEVEMENT SOLUTIONS (RF) (PTY)LTD |
M1994/009596/07 |
In Business |
20 Years 8 Months |
0 |
No |
|
PEOTONA CAPITAL (PTY)LTD |
M2005/029200/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
PEOTONA DEVELOPMENT |
M2006/000596/08 |
In Business |
8 Years 8 Months |
0 |
No |
|
PEOTONA DEVELOPMENT INVESTMENTS 1 (PTY)LTD |
M2006/023879/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
PEOTONA GOLD (PTY)LTD |
M2005/034180/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
PEOTONA GROUP HOLDINGS (PTY)LTD |
M2005/026925/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
PEOTONA PROPERTIES (PTY)LTD |
M2003/000348/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
PEOTONA STEEL (PTY)LTD |
M2005/034599/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
REALLY USEFUL INVESTMENTS NO 72 (PTY)LTD |
M2000/022752/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
SASFIN BANK LTD |
M1951/002280/06 |
In Business |
63 Years 3 Months |
0 |
No |
|
SASFIN HOLDINGS LTD |
M1987/002097/06 |
In Business |
27 Years 3 Months |
0 |
No |
|
SINAKO HOLDINGS (PTY)LTD |
M2006/009116/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
TOTAL SOUTH AFRICA (PTY)LTD |
M1954/003325/07 |
In Business |
0 |
5 |
No |
|
ZURICH INSURANCE COMPANY SOUTH AFRICA LTD |
M1965/006764/06 |
In Business |
49 Years 1 Months |
1 |
No |
Principal Previous Business Interests
Average Age of Previous Business 16 Years
|
Company Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
|
ARCELORMITTAL
SOUTH AFRICA LTD |
M1989/002164/06 |
In
Business |
25
Years 1 Months |
0 |
No |
|
ATHENA
GLOBAL ENERGY SOLUTIONS SOUTH AFRICA (PTY)LTD |
M2004/035606/07 |
In
Business |
10
Years 10 Months |
0 |
No |
|
DE BEERS MATLAFALANG BUSINESS DEVELOPMENT (PTY)LTD |
M2003/001426/07 |
In
Business |
11
Years 11 Months |
0 |
No |
|
ELECTRICITY
DISTRIBUTION INDUSTRY HOLDINGS (PTY)LTD |
M2003/005572/07 |
AR
Final Deregistration |
11
Years 11 Months |
0 |
No |
|
IQ
GROUP HOLDINGS (PTY)LTD |
M2000/004691/07 |
In
Business |
14
Years 2 Months |
0 |
No |
|
LE-SEL RESEARCH
(PTY)LTD |
M1987/001815/07 |
In
Business |
27
Years 3 Months |
1 |
No |
|
MATSEKE
ENDOSCOPY (PTY)LTD |
M1999/024304/07 |
In
Business |
15
Years 3 Months |
0 |
No |
|
MISTY
BLUE TRADING 108 CC |
B2005/016569/23 |
Deregistration
Final |
9
Years 9 Months |
0 |
No |
|
NBI-NATIONAL BUSINESS
INITIATIVE FOR GROWTH
DEVELOPMENT AND DEMOCRACY |
M1995/003141/08 |
In
Business |
19
Years 7 Months |
0 |
No |
|
ONE
STONE CAPITAL (PTY)LTD |
M2000/008789/07 |
In
Business |
14
Years 2 Months |
0 |
No |
|
PEBBLE BED
MODULAR REACTOR |
M1999/017946/30 |
In
Business |
15
Years 3 Months |
0 |
No |
|
PEBBLE BED
MODULAR REACTOR (PTY)LTD |
M1999/017946/07 |
In
Business |
15
Years 3 Months |
0 |
No |
|
PONAHALO CAPITAL (PTY)LTD |
M2005/029180/07 |
In
Business |
9
Years 9 Months |
0 |
No |
|
PONAHALO HOLDINGS (PTY)LTD |
M2005/030841/07 |
In
Business |
9
Years 9 Months |
0 |
No |
|
PONAHALO INVESTMENTS (PTY)LTD |
M2005/030627/07 |
In
Business |
9
Years 9 Months |
0 |
No |
|
RED VINE PROPERTY
HOLDINGS CC |
B1995/041346/23 |
In
Business |
19
Years 7 Months |
0 |
No |
|
T
E S PROPERTIES CC |
B1998/000291/23 |
Deregistration
Process |
16
Years 4 Months |
0 |
No |
|
THE
PRIDWIN FOUNDATION |
M1959/000819/08 |
In
Business |
55 Years 7 Months |
0 |
No |
|
THEBEINVESTMENT CORPORATION (PTY)LTD |
M1992/001846/07 |
In
Business |
22
Years 10 Months |
0 |
No |
|
WIPCAPITAL
(PTY)LTD |
M1997/021195/07 |
In
Business |
17
Years 5 Months |
0 |
No |
|
WOMEN
INVESTMENT PORTFOLIO HOLDINGS LTD |
M1996/001291/06 |
In
Business |
18
Years 6 Months |
0 |
No |
|
ZURICH
LIFE SA LTD |
M2002/002944/06 |
In
Business |
|
0 |
No |
Principal Deeds
Information
Property Interests
for DOLLY MOKGATLE
|
Title Deed No. |
ST9318/2005 |
Erf/Site No. |
117011 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
15 MAIN RONDEBOSCH CAPE TOWN |
|
Property Type |
U |
Extent / Size |
|
|
Purchase Date |
2005/01/23 |
Purchase price |
R 945000.00 |
|
% Ownership |
0.00 |
Bond Holder |
STANDARD BANK OF SOUTH AFRICA L |
|
Bond Number |
SB64832005 |
Bond Amount |
R 645000.00 |
Property Interests
for DOLLY MOKGATLE
|
Title Deed No. |
T98923/2004 |
Erf/Site No. |
260 |
|
Deeds Office |
PRETORIA |
Physical Address |
RUSTENBURG RURAL |
|
Property Type |
F |
Extent / Size |
|
|
Purchase Date |
2004/04/24 |
Purchase price |
R 800000.00 |
|
% Ownership |
0.00 |
Bond Holder |
STANDARD BANK OF SOUTH AFRICA L |
|
Bond Number |
B848682004 |
Bond Amount |
R 800000.00 |
Principal - 5 of 6
ADALBERTUS STRUWIG
|
Surname |
STRUWIG |
|
First Name |
ADALBERTUS |
|
Other Names |
None |
|
Marital Status |
|
|
ID Number |
5407245022084 |
|
Verified ID Number |
Yes |
|
Current Age |
60 Years |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2006/05/16 |
|
Physical Address (at time of Appointment) |
19 MAXWELL MACDONALD STREET, GLENDARIENNE, HYRLINGHAM, 2196 |
|
Postal Address |
P.O.BOX 817, ISANDO, 1600 |
|
Current Tel Number |
0119741902 |
|
Cell number |
0824937143 |
|
Shareholding/Membership |
0.00 |
Principal’s
Adverse – no information on
record
Business
Information for ADALBERTUS STRUWIG
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
FENNER (SOUTH AFRICA) (PTY)LTD |
1960/000432/07 |
In Business |
54 Years 6 Months |
0 |
No |
|
|
FENNER CONVEYOR BELTING (SOUTH AFRICA) (PTY)LTD |
M2006/006830/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
UNITEAM INVESTMENTS 199 CC |
B2002/065562/23 |
Deregistration Process |
0 |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 36
Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
CLIMAX INVESTMENTS (PTY)LTD |
M1963/003431/07 |
Deregistration Process |
51 Years 3 Months |
0 |
No |
|
FENAPLAST (PTY)LTD |
M1971/009332/07 |
Deregistration Final |
43 Years 7 Months |
0 |
No |
|
FENNER AFRICA (PTY)LTD |
M1976/003018/07 |
Deregistration Final |
38 Years 2 Months |
0 |
No |
|
FRONTLINE GRAPHICS CC |
B1990/005443/23 |
Dissolved |
|
0 |
No |
|
JAKARANDA PATTERN MAKERS (PTY)LTD |
M1972/013423/07 |
Deregistration Final |
42 Years 6 Months |
0 |
No |
|
TREK ENGINEERING (PTY)LTD |
M1976/002687/07 |
Deregistration Final |
38 Years 2 Months |
0 |
No |
|
W S J CONVEYOR EQUIPMENT (PTY)LTD |
M1973/012496/07 |
Deregistration Process |
41 Years 5 Months |
0 |
No |
Principal Deeds Information
Property Interests for ADALBERTUS STRUWIG
|
Title Deed No. |
ST85487/2006 |
Erf/Site No. |
3086,0 |
|
Deeds Office |
PRETORIA |
Physical Address |
60 CAPENSIS ROOIHUISKRAAL NORTH CENTURION |
|
Property Type |
U |
Extent / Size |
|
|
Purchase Date |
2006/03/21 |
Purchase price |
R 650000.00 |
|
% Ownership |
0.00 |
Bond Holder |
ABSA BANK LTD |
|
Bond Number |
SB1087482006 |
Bond Amount |
R 650000.00 |
Principal - 6 of 6
DANIEL O'' CONNELL
|
Surname |
O'' CONNELL |
|
First Name |
DANIEL |
|
Other Names |
None |
|
Marital Status |
|
|
ID Number |
7512195138083 |
|
Verified ID Number |
Yes |
|
Current Age |
38 Years 7 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2013/05/06 |
|
Physical Address (at time of Appointment) |
2 BOABAB CLOSE, KEMPTON PARK, 1619 |
|
Postal Address |
P O BOX 817, ISANDO,1600 |
|
Current Tel Number |
0119741902 |
|
Cell number |
0836260138 |
|
Shareholding/Membership |
0.00 |
Principal’s
Adverse – no information on
record
Business
Information for DANIEL O'' CONNELL
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
FENNER (SOUTH AFRICA) (PTY)LTD |
1960/000432/07 |
In Business |
54 Years 6 Months |
0 |
No |
|
FENNER CONVEYOR BELTING (SOUTH AFRICA) (PTY)LTD |
M2006/006830/07 |
In Business |
8 Years 8 Months |
0 |
No |
Principal Previous Business Interests
Average Age of Previous Business 44 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
MELCO CONVEYOR
EQUIPMENT (PTY)LTD |
M1970/006325/07 |
In Business |
44 Years 8 Months |
0 |
No |
Principal Deeds
Information
Property Interests
for DANIEL O" CONNELL
|
Title Deed No. |
ST163148/2003 |
Erf/Site No. |
166 |
|
Deeds Office |
PRETORIA |
Physical Address |
3 BRAEMAR ASTON MANOR KEMPTON PARK |
|
Property Type |
U |
Extent / Size |
|
|
Purchase Date |
2003/09/07 |
Purchase price |
R415000.00 |
|
% Ownership |
0.00 |
Bond Holder |
INVESTEC BANK LTD |
|
Bond Number |
SB1099752003 |
Bond Amount |
R 420000.00 |
Property Interests for DANIEL O" CONNELL
|
Title Deed No. |
T70236/2012 |
Erf/Site No. |
209 |
|
Deeds Office |
PRETORIA |
Physical Address |
6 AFTONWOLD ASTON MANOR KEMPTON PARK |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2012/05/18 |
Purchase price |
R 950000.00 |
|
% Ownership |
0.00 |
Bond Holder |
FIRSTRAND BANK LTD |
|
Bond Number |
B418582012 |
Bond Amount |
R1200000.00 |
Property Interests
for DANIEL O" CONNELL
|
Title Deed No. |
T31532/2008 |
Erf/Site No. |
267 |
|
Deeds Office |
PRETORIA |
Physical Address |
2 BOABAB SERENGETI GOLF AND WILDLIFE
ESTATE EKURHULENI RURAL |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2007/11/12 |
Purchase price |
R 620000.00 |
|
% Ownership |
0.00 |
Bond Holder |
INVESTEC BANK LTD |
|
Bond Number |
B325782008 |
Bond Amount |
R1520000.00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.14 |
|
UK Pound |
1 |
Rs.103.00 |
|
Euro |
1 |
Rs.81.33 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.