|
Report Date : |
31.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
ASSA ABLOY (SA) (PTY) LTD |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
27.07.1971 |
|
|
|
|
Com. Reg. No.: |
M1971/008368/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Manufactures
and supplies high quality locks, access control and security door solutions,
for security, safety and convenience |
|
|
|
|
No. of Employees |
Not Available |
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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
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 |
ASSA ABLOY (SA) (PTY) LTD |
|
Country |
South
Africa |
|
Subject
Contact Person |
THOMAS
GUMEDE - Financial Manager |
|
Assessment |
This is
a well-established business. On investigation contact was made with THOMAS
GUMEDE the financial manager. The subject is meeting commitments timeously
with suppliers. We are awaiting a bank code for R 100 000 over a period of 30
Days. Please see the available information on the subject below. |
|
Registered
Name |
ASSA ABLOY (SA) (PTY)LTD |
|
Trading
as/ Division Name |
None |
|
Previous
Name |
None |
|
Date of
Name Change |
None |
|
Registration
Number |
M1971/008368/07 |
|
Registration
Date |
1971/07/27 |
|
Date
Commenced Trading |
1971-07-27 |
|
Age of
Business |
43 Years |
|
History
of Business |
The
subject commenced trading as a new company in 1971. |
|
History
of Principals |
There
are 3 active directors within the company. |
|
Shareholders/Members/Partners
of subject and % holding |
100% -
ASSA ABLOY HOLDING (SA) LTD |
|
Authorised
Share Capital |
|
|
Issued
Share Capital/Members Contribution |
|
|
Status |
In
Business |
|
Operations
Assessment |
The
subject manufactures and supplies high quality locks, access control and
security door solutions, for security, safety and convenience. |
|
Industry/
Customers |
The
corporates and the general public |
|
Export |
None |
|
Export
Countries |
|
|
Import |
None |
|
Import
Countries |
|
|
Major
Industry Code / SICC |
35419 |
|
Definition
of Code |
Other
structural metal products, e.g. metal doors, windows and gates |
|
Head
Office Physical Address |
176
PROGRESS ROAD, TECHNIKON, ROODEPOORT, 1725 |
|
Head
Office Postal Address |
P O BOX
146, ROODEPOORT, 1724 |
|
Current
Tel Number |
0117615000 |
|
Cell
Number |
Unavailable |
|
Current
Fax Number |
0117663573 |
|
Current
Email Address |
|
|
Web Site
Address |
|
|
Comments |
|
|
Company
Registered Name |
PRICEWATERHOUSECOOPERS
INC |
|
Trading
Name |
None |
|
Registration
Number |
M1998/012055/21 |
|
Physical
Address |
2 EGLIN
ROAD, SANDTON, 2157 |
|
Postal
Address |
PRIVATE
BAG X 36, SUNNINGHILL, 2157 |
|
Contact
Person |
SKALO
DIKANA |
|
Contact
Number |
0117974000 |
|
Email |
|
|
Principals |
248 |
|
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 |
Unavailable |
|
Financial
Year End |
Unavailable |
|
No of
years in Business |
Unavailable |
|
Website |
|
|
Comment |
|
Previous Auditors Information - No Information on Record
|
Vat
Number |
4270120779 |
|
Status |
ACTIVE |
|
Vat
Liable Date |
|
|
Tax
Number |
9642109848 |
|
Tax
Clearance Expire Date |
|
|
Financial
Year End |
Unavailable |
|
Comment |
|
Black Economic Empowerment Information - No Information on
Record
ISO Information - No Information on Record
|
Registered |
Yes |
|
Compliance
Certified |
Yes |
|
Comment |
|
Subsidiaries
|
Subsidiary
Company |
TRAKA
AFRICA (PTY)LTD |
|||
|
Shareholding |
100% |
|||
|
Registration
Number |
2001/020267/07 |
|||
|
Import /
Export |
|
|||
|
Comment |
|
|||
|
Employees |
||||
|
Number
of Employees |
349 |
|||
|
1.
Salaried employees |
300 |
|||
|
2. Waged
employees |
49 |
|||
|
3.
Permanent employees |
300 |
|||
|
4.
Casual employees |
|
|||
|
5.
Contracted employees |
49 |
|||
|
Comment |
|
|||
|
Company Fleet |
||||
|
Company
Fleet |
No of
vehicles: |
Ownerd/Leased |
Value |
Outstanding
Balance |
|
Fleet
Operations |
|
|
|
|
|
The
Fleet is made up of |
8 |
|||
|
Comment |
|
|||
|
Cars |
1 |
Leased |
|
|
|
Light
delivery Vehicles |
5 |
Leased |
|
|
|
Trucks |
2 |
Owned |
|
|
|
Offices |
|
|
|
Head
Office Owned/ Rented |
Owned |
|
|
Rental
Company |
N/A |
|
|
Owned by |
ASSA
ABLOY SA (PTY) LTD |
|
|
Value |
|
|
|
Bond |
|
|
|
Bank |
N/A |
|
|
Lease
Agreement |
N/A |
|
|
Lease
Expire Date |
N/A |
|
|
Type of
Premises |
Factory,
offices and a warehouse |
|
|
Comment |
|
|
|
Branch Information |
||
|
Branches
Names |
Country |
Province |
|
ASSA
ABLOY SA (PTY) LTD P.E |
South
Africa |
Port
Elizabeth |
|
ASSA
ABLOY SA (PTY) LTD DURBAN |
South
Africa |
KZN |
|
ASSA
ABLOY SA (PTY) LTD CAPE TOWN |
South
Africa |
WESTERN
CAPE |
|
Branch Detail Information |
||
|
Branches
Owned/ Rented |
Owned |
|
|
Rental
Company |
N/A |
|
|
Owned by |
Unavailable |
|
|
Value |
|
|
|
Bond |
|
|
|
Bank |
N/A |
|
|
Lease
Agreement |
N/A |
|
|
Lease
Expire Date |
N/A |
|
|
Type of
Premises |
Factory |
|
|
Comment |
|
|
|
Branches
Owned/ Rented |
Owned |
|
Rental
Company |
N/A |
|
Owned by |
Unavailable |
|
Value |
|
|
Bond |
|
|
Bank |
N/A |
|
Lease
Agreement |
N/A |
|
Lease
Expire Date |
N/A |
|
Type of
Premises |
Factory |
|
Comment |
|
|
|
|
|
Branches
Owned/ Rented |
Owned |
|
Rental
Company |
N/A |
|
Owned by |
Unavailable |
|
Value |
|
|
Bond |
|
|
Bank |
N/A |
|
Lease
Agreement |
N/A |
|
Lease
Expire Date |
N/A |
|
Type of Premises |
Factory |
|
Comment |
|
Key Deals - No Information on record
|
Holding |
Company |
Sub |
Comment |
|
100% -
ASSA ABLOY HOLDING (SA) LTD |
ASSA
ABLOY SA (PTY) LTD |
Unavailable |
|
|
Trade
Reference nr |
Supplier |
Contact |
Surety
Value |
Notarial
Bonds |
Comment |
|
1 |
COPALCO
(PTY)LTD |
0118210700 |
|
|
|
|
2 |
MAC
STEEL COIL |
0118710229 |
|
|
|
|
3 |
NON
FERROUS METALS |
0314807389 |
|
|
|
Trade References Detail
|
Nr |
Age of
Acc |
Credit
Limit |
Max
Credit |
Terms |
Average
Purchases |
Terms
Taken |
Comment |
|
1 |
10 Years |
R150000.00 |
R150000 |
30 Days |
R100000 |
30 Days |
Good
account |
|
2 |
16 Years |
|
|
30 Days |
|
30 Days |
Good
account. The supplier
will not disclose figures due to company policy |
|
3 |
25 Years |
R1200000.00 |
R1200000 |
30 Days |
R 700000 |
30 Days |
Good
account |
Adverse
Information on Subject
Judgements - No information on record
Business Rescue - No Information on Record
Default Listing - No information on record
|
Bank |
|
|
Branch |
TEMBUSU |
|
Brach
Code |
|
|
Bank
Account Number |
0201523001 |
|
Type of
Account |
CURRENT |
|
Account
Name |
ASSA
ABLOY (SA) PTY LTD |
|
Overdraft
Facilities |
YES |
|
Bank
Code |
|
|
Bank
Comment |
The
subject banks with CITI BANK |
Bank Code History - No Information on Record
Previous Bank Account Information - No Information on Record
Property Interests for Company ASSA ABLOY (SA) (PTY)LTD
|
Title
Deed No. |
T23450/2007 |
Erf/Site
No. |
1531 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
PIETERMARITZBURG |
|
Property
Type |
Freehold |
Extent /
Size |
|
|
Purchase
Date |
2007/01/17 |
Purchase
price |
R
2094.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
R 0.00 |
|
Comment |
|
||
|
|
|||
|
Title
Deed No. |
T23450/2007 |
Erf/Site
No. |
1531 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
PIETERMARITZBURG |
|
Property
Type |
Freehold |
Extent /
Size |
|
|
Purchase
Date |
2007/01/17 |
Purchase
price |
R
2094.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond Number |
|
Bond
Amount |
R 0.00 |
|
Comment |
|
||
|
Title
Deed No. |
T35518/2011 |
Erf/Site
No. |
9493 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
42
ERYTHRINA 1656-0280-000 PIETERMARITZBURG |
|
Property
Type |
Freehold |
Extent /
Size |
|
|
Purchase
Date |
2006/09/13 |
Purchase
price |
R
285000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
R 0.00 |
|
Comment |
|
||
|
|
|||
|
Title
Deed No. |
T17109/2006 |
Erf/Site
No. |
9311 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
PIETERMARITZBURG |
|
Property
Type |
Freehold |
Extent /
Size |
|
|
Purchase
Date |
2006/01/30 |
Purchase
price |
R1620.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
R 0.00 |
|
Comment |
|
||
|
|
|||
|
Title
Deed No. |
T17106/2006 |
Erf/Site
No. |
9837 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
8
CASCADES PIETERMARITZBURG |
|
Property
Type |
Freehold |
Extent /
Size |
|
|
Purchase
Date |
2006/01/30 |
Purchase
price |
R13158.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
R 0.00 |
|
Comment |
|
||
|
Title
Deed No. |
T54844/2004 |
Erf/Site
No. |
1531 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
PIETERMARITZBURG |
|
Property
Type |
Freehold |
Extent /
Size |
|
|
Purchase
Date |
2004/04/29 |
Purchase
price |
R
562791.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
HART
OLIVER DOWBIGGIN |
|
Bond
Number |
B478202004 |
Bond
Amount |
R18000000.00 |
|
Comment |
|
||
|
Title
Deed No. |
T54840/2004 |
Erf/Site
No. |
9194 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
1656-0280-000
PIETERMARITZBURG |
|
Property
Type |
Freehold |
Extent /
Size |
|
|
Purchase
Date |
2004/04/29 |
Purchase
price |
R
83759.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
R 0.00 |
|
Comment |
|
||
|
Title
Deed No. |
T54841/2004 |
Erf/Site
No. |
9196 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
|
|
Property
Type |
Freehold |
Extent /
Size |
|
|
Purchase
Date |
2004/04/29 |
Purchase
price |
R162559.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
HART
OLIVER DOWBIGGIN |
|
Bond
Number |
B478202004 |
Bond
Amount |
R18000000.00 |
|
Comment |
|
||
|
|
|||
|
Title
Deed No. |
T54843/2004 |
Erf/Site
No. |
9199 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
|
|
Property
Type |
Freehold |
Extent /
Size |
|
|
Purchase
Date |
2004/04/29 |
Purchase
price |
R
233753.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
HART
OLIVER DOWBIGGIN |
|
Bond
Number |
B478202004 |
Bond
Amount |
R18000000.00 |
|
Comment |
|
||
|
|
|||
|
Title
Deed No. |
T8916/2005 |
Erf/Site
No. |
9200 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
PIETERMARITZBURG |
|
Property
Type |
Farms |
Extent /
Size |
324633.00000000 |
|
Purchase
Date |
|
Purchase
price |
R 0.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
R 0.00 |
|
Comment |
|
||
|
Title
Deed No. |
T8917/2005 |
Erf/Site
No. |
9319 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
PIETERMARITZBURG |
|
Property
Type |
Farms |
Extent /
Size |
44435.00000000 |
|
Purchase
Date |
|
Purchase
price |
R 0.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
HART
OLIVER DOWBIGGIN |
|
Bond
Number |
B478202004 |
Bond
Amount |
R18000000.00 |
|
Comment |
|
||
|
Title
Deed No. |
T8918/2005 |
Erf/Site
No. |
9316 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
PIETERMARITZBURG |
|
Property
Type |
Farms |
Extent /
Size |
55151.00000000 |
|
Purchase
Date |
|
Purchase
price |
R 0.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
HART
OLIVER DOWBIGGIN |
|
Bond
Number |
B478202004 |
Bond
Amount |
R18000000.00 |
|
Comment |
|
||
|
Title
Deed No. |
T8919/2005 |
Erf/Site
No. |
9320 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
PIETERMARITZBURG |
|
Property
Type |
Farms |
Extent /
Size |
38501.00000000 |
|
Purchase
Date |
|
Purchase
price |
R 0.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
HART
OLIVER DOWBIGGIN |
|
Bond
Number |
B478202004 |
Bond
Amount |
R18000000.00 |
|
Comment |
|
||
|
|
|||
|
Title
Deed No. |
T38212/2005 |
Erf/Site
No. |
9317 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
PIETERMARITZBURG |
|
Property
Type |
Farms |
Extent /
Size |
74580.00000000 |
|
Purchase
Date |
|
Purchase
price |
R 0.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
R 0.00 |
|
Comment |
|
||
|
|
|||
|
Title
Deed No. |
T17107/2006 |
Erf/Site
No. |
9318 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
PIETERMARITZBURG |
|
Property
Type |
Farms |
Extent /
Size |
46708.00000000 |
|
Purchase
Date |
|
Purchase
price |
R 0.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
R 0.00 |
|
Comment |
|
||
|
Title
Deed No. |
T17110/2006 |
Erf/Site
No. |
9838 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
PIETERMARITZBURG |
|
Property
Type |
Farms |
Extent /
Size |
51634.00000000 |
|
Purchase
Date |
|
Purchase
price |
R 0.00 |
|
%
Ownership |
0.00 |
Bond Holder |
|
|
Bond
Number |
|
Bond
Amount |
R 0.00 |
|
Comment |
|
||
|
Title
Deed No. |
T47155/2006 |
Erf/Site
No. |
9339 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
1656-0280-000
PIETERMARITZBURG |
|
Property
Type |
Farms |
Extent /
Size |
1429.00000000 |
|
Purchase
Date |
|
Purchase
price |
R 0.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
R 0.00 |
|
Comment |
|
||
|
Title
Deed No. |
T47156/2006 |
Erf/Site
No. |
9340 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
PIETERMARITZBURG |
|
Property
Type |
Farms |
Extent /
Size |
9306.00000000 |
|
Purchase
Date |
|
Purchase
price |
R 0.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
I-46292005LG |
Bond
Amount |
R 0.00 |
|
Comment |
|
||
|
|
|||
|
Title
Deed No. |
T47157/2006 |
Erf/Site
No. |
9339 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
PIETERMARITZBURG |
|
Property
Type |
Farms |
Extent /
Size |
261.00000000 |
|
Purchase
Date |
|
Purchase
price |
R 0.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
R 0.00 |
|
Comment |
|
||
|
|
|||
|
Title
Deed No. |
T54618/2006 |
Erf/Site
No. |
9575 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
1656-0280-000
PIETERMARITZBURG |
|
Property
Type |
Farms |
Extent /
Size |
3988.00000000 |
|
Purchase
Date |
|
Purchase
price |
R 0.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
STANDARD
BANK OF SOUTH AFRICA LTD |
|
Bond
Number |
B668742006 |
Bond
Amount |
R
8500000.00 |
|
Comment |
|
||
|
Title
Deed No. |
T54618/2006 |
Erf/Site
No. |
9645 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
1656-0280-000
PIETERMARITZBURG |
|
Property
Type |
Farms |
Extent /
Size |
2924.00000000 |
|
Purchase
Date |
|
Purchase
price |
R 0.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
STANDARD
BANK OF SOUTH AFRICA LTD |
|
Bond
Number |
B668742006 |
Bond
Amount |
R
8500000.00 |
|
Comment |
|
||
|
Title
Deed No. |
T54618/2006 |
Erf/Site
No. |
9558 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
1656-0280-000
PIETERMARITZBURG |
|
Property
Type |
Farms |
Extent /
Size |
8756.00000000 |
|
Purchase
Date |
|
Purchase
price |
R 0.00 |
|
% Ownership |
0.00 |
Bond
Holder |
STANDARD
BANK OF SOUTH AFRICA LTD |
|
Bond
Number |
B668742006 |
Bond
Amount |
R
8500000.00 |
|
Comment |
|
||
|
Title
Deed No. |
T54601/2006 |
Erf/Site
No. |
1531 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
PIETERMARITZBURG |
|
Property
Type |
Farms |
Extent /
Size |
159.00000000 |
|
Purchase
Date |
|
Purchase
price |
R 0.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
R 0.00 |
|
Comment |
|
||
|
CURRENT
ASSETS |
R
236963818.00 |
|
Stock |
|
|
Debtors |
|
|
FIXED
ASSETS |
|
|
Plant,
Equipment, Vehicles |
|
|
Property |
|
|
CURRENT
LIABILITIES |
R
236963818.00 |
|
Creditors |
|
|
Loans/
From? |
|
|
Loan
Details |
|
|
LONG
TERM LIABILITIES |
|
|
Morgage
Bonds |
|
|
Previous
Year Turnover |
|
|
Estimated
Current Year Turnover |
|
|
Current
Turnover per month |
|
|
Current
Turnover per annum |
|
|
Comment |
|
|
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 |
3 |
|
Average
Age of Active Principals |
50 |
|
Active Principals Principal - 1 of 3 STEPHEN ROSSITER |
|
|
Surname |
ROSSITER |
|
First
Name |
STEPHEN |
|
Other
Names |
ANDREW |
|
Marital
Status |
|
|
ID
Number |
6302165005004 |
|
Verified
ID Number |
Yes |
|
Current
Age |
51 Years
5 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2008/09/01 |
|
Physical
Address (at time of Appointment) |
13
DIPPENAAR STREET, NOORDHEUWEL, EXTENSION 4, KRUGERSDORP, 1739 |
|
Postal
Address |
PRIVATE
BAG X47, WILRO PARK, 1731 |
|
Current
Tel Number |
0117615063 |
|
Cell
number |
0836300743 |
|
Shareholding/Membership |
0.00 |
Business Information for STEPHEN ROSSITER Principal Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
ABLOY
AFRICA (PTY)LTD |
M2008/029260/07 |
In
Business |
6 Years
6 Months |
0 |
No |
|
|
ASSA
ABLOY (SA) (PTY)LTD |
M1971/008368/07 |
In
Business |
43 Years
7 Months |
0 |
No |
|
|
NATFIRE
(PTY)LTD |
M1946/020592/07 |
In
Business |
68 Years
8 Months |
0 |
No |
|
|
YALE
SECURITY (SA) (PTY)LTD |
M1976/002777/07 |
In
Business |
38 Years
2 Months |
0 |
No |
|
Principal Previous Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
ASSA
ABLOY HOLDINGS (SA) LTD |
M1948/030356/06 |
In
Business |
66 Years
6 Months |
0 |
No |
|
|
CHUBB
FIRE AND SECURITY S A (PTY)LTD |
M1950/036293/07 |
In
Business |
64 Years
4 Months |
3 |
No |
|
|
CHUBB
FIRE SECURITY (SA) LIMITED |
M1995/001626/10 |
Deregistration
Process |
19 Years
7 Months |
0 |
No |
|
|
CHUBB
FIRST FORCE (PTY)LTD |
M1966/002939/07 |
Deregistration
Final |
|
0 |
No |
|
|
CHUBB
HOLDINGS (PTY)LTD |
M1948/030757/07 |
In Business |
66 Years
6 Months |
0 |
No |
|
|
CHUBB
HOLDINGS LTD |
M1948/030757/06 |
In
Business |
66 Years
6 Months |
0 |
No |
|
|
CSG
GUARDING (PTY)LTD |
M1964/008829/07 |
In
Business |
50 Years
2 Months |
2 |
No |
|
|
ININGI
INVESTMENTS 89 (PTY)LTD |
M2000/019632/07 |
In
Business |
14 Years
2 Months |
0 |
No |
|
|
LANGA
LETHU PROTECTIVE SERVICES (PTY)LTD |
M2000/031190/07 |
In
Business |
14 Years
2 Months |
0 |
No |
|
|
THE
PYRENE COMPANY (PTY)LTD |
M1969/007588/07 |
Deregistration
Final |
45 Years
9 Months |
0 |
No |
|
|
ZINKAST MANUFACTURING
(PTY)LTD |
2000/019556/07 |
In
Business |
14 Years
2 Months |
0 |
No |
|
Property
Interests for STEPHEN ROSSITER
|
Title
Deed No. |
T26189/1994 |
Erf/Site
No. |
664 |
|
Deeds
Office |
JOHANNESBURG |
Physical
Address |
13
DIPPENAAR KRUGERSDORP |
|
Property
Type |
F |
Extent /
Size |
125.00000000 |
|
Purchase
Date |
1994/01/31 |
Purchase
price |
R 162.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
STANDARD
BANK OF SOUTH AFRICA LTD |
|
Bond
Number |
B302661994 |
Bond
Amount |
R 144.00 |
|
Comment |
|
||
Principal - 2 of 3 GAVIN VAN STADEN
|
Surname |
VAN
STADEN |
|
First
Name |
GAVIN |
|
Other
Names |
DOUGLAS |
|
Marital
Status |
|
|
ID
Number |
7108145111088 |
|
Verified
ID Number |
Yes |
|
Current
Age |
42 Years
11 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2007/07/01 |
|
Physical
Address (at time of Appointment) |
14 ABE
MEYER STREET, KINGFISHER PLACE, BOKSBURG, 1459 |
|
Postal
Address |
P O BOX 19233,
SUNWARD PARK, 1470 |
|
Current
Tel Number |
0118964277 |
|
Cell
number |
0825606804 |
|
Shareholding/Membership |
0.00 |
Business Information for GAVIN VAN STADEN Principal Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
ASSA
ABLOY (SA) (PTY)LTD |
M1971/008368/07 |
In
Business |
43 Years
7 Months |
0 |
No |
|
|
ASSA
ABLOY HOLDINGS (SA) LTD |
M1948/030356/06 |
In
Business |
66 Years
6 Months |
0 |
No |
|
Principal Previous Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
ERF 3346
SUNWARD PARK EXT 10 CC |
B1999/048767/23 |
Deregistration
Process |
15 Years
3 Months |
0 |
No |
|
Principal Deeds Information Property Interests for GAVIN VAN
STADEN
|
Title
Deed No. |
ST12387/2013 |
Erf/Site
No. |
578 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
BALLITOVILLE
EXT 2 |
|
Property
Type |
U |
Extent /
Size |
136.0SQM |
|
Purchase
Date |
2013/02/22 |
Purchase
price |
R1672500.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
ABSA
BANK LIMITED |
|
Bond
Number |
SB69382013 |
Bond
Amount |
R1423000.00 |
|
Comment |
|
||
|
Property
Interests for GAVIN VAN STADEN |
|||
|
Title
Deed No. |
ST12387/2013 |
Erf/Site
No. |
578 |
|
Deeds
Office |
PIETERMARITZBURG |
Physical
Address |
BALLITOVILLE
EXT 2 |
|
Property
Type |
U |
Extent /
Size |
17.0SQM |
|
Purchase
Date |
2013/02/22 |
Purchase
price |
R1672500.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
ABSA
BANK LIMITED |
|
Bond
Number |
SB69382013 |
Bond
Amount |
R1423000.00 |
|
Comment |
|
||
Property
Interests for GAVIN VAN STADEN
|
Title
Deed No. |
T13138/1997 |
Erf/Site
No. |
1125 |
|
Deeds
Office |
JOHANNESBURG |
Physical
Address |
29
WASSENAAR PARKRAND |
|
Property
Type |
F |
Extent /
Size |
|
|
Purchase
Date |
1996/11/25 |
Purchase
price |
R190000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
ABSA
BANK LTD |
|
Bond
Number |
B132181997 |
Bond
Amount |
R190000.00 |
|
Comment |
|
||
|
Property
Interests for GAVIN VAN STADEN |
|||
|
Title
Deed No. |
T47483/2012 |
Erf/Site
No. |
3346 |
|
Deeds
Office |
JOHANNESBURG |
Physical
Address |
14 ABE
MEYER SUNWARD PARK BOKSBURG |
|
Property
Type |
E |
Extent /
Size |
|
|
Purchase
Date |
2012/07/05 |
Purchase
price |
R315000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
A B S A
BANK LTD |
|
Bond
Number |
B343972012 |
Bond
Amount |
R1400000.00 |
|
Comment |
|
||
Business Information for JOHN MIDDLETON Principal Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
ASSA
ABLOY (SA) (PTY)LTD |
M1971/008368/07 |
In
Business |
43 Years
7 Months |
0 |
No |
|
|
TIPPINS INVESTMENTS (PTY)LTD |
M1998/004559/07 |
In
Business |
16 Years
4 Months |
0 |
No |
|
|
TUGGS INVESTMENTS (PTY)LTD |
M1998/004397/07 |
In
Business |
16 Years
4 Months |
0 |
No |
|
Principal Previous Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
ASSA
ABLOY HOLDINGS (SA) LTD |
M1948/030356/06 |
In
Business |
66 Years
6 Months |
0 |
No |
|
|
J T
MIDDLETON PROPERTIES (PTY)LTD |
M1968/011444/07 |
Deregistration
Final |
46 Years
10 Months |
0 |
No |
|
|
YALE
SECURITY (SA) (PTY)LTD |
M1976/002777/07 |
In
Business |
38 Years
2 Months |
0 |
No |
|
|
ZINKAST MANUFACTURING
(PTY)LTD |
2000/019556/07 |
In
Business |
14 Years
2 Months |
0 |
No |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.15 |
|
|
1 |
Rs.101.92 |
|
Euro |
1 |
Rs.80.64 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIS |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
|
41-55 |
Ba |
Overall
operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
|
-- |
NB |
New Business |
-- |
|
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.