|
Report Date : |
06.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
FRANCO CECCATO CC
|
|
|
|
|
Registered Office : |
Unit 6 Old Mill Park, 22 Old Mill Road, Ndabeni, 7405 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
05.09.1996 |
|
|
|
|
Com. Reg. No.: |
B1996/043411/23 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
· subject's operates as a footwear retailer · Wholesale trader of textiles, clothing and footwear |
|
|
|
|
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 – 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 Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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 |
FRANCO CECCATO CC |
|
Country |
South Africa |
|
Subject Contact Person |
JILL - Financial Manager |
|
Assessment |
This is an established business. On investigation contact was made with JILL the financial manager who declined to assist with the required information telephonically. The subject requested a questionnaire to be sent as additional time was requested to provide the information. The available information was obtained from CIPC which is yet to be confirmed. Please see the available information on the subject below. |
|
Registered Name |
FRANCO CECCATO
CC |
|
Trading as/ Division Name |
Unavailable |
|
Previous Name |
Unavailable |
|
Date of Name Change |
Unavailable |
|
Registration Number |
B1996/043411/23 |
|
Registration Date |
1996/09/05 |
|
Date Commenced Trading |
1996-09-05 |
|
Age of Business |
17 Years 8
Months |
|
History of Business |
The
subject is in operation for the past 17 Years 8 Months. The business has
undergone a conversion from a business to a company. |
|
History of Principals |
There are 2
active members within the business. |
|
Shareholders/Members/Partners of subject and % holding |
50 % - STEVEN
MILLER, 50 % - ADRIAAN SLABBER |
|
Authorized Share Capital |
R 0.00 |
|
Issued Share Capital/Members Contribution |
R 0.00 |
|
Status |
Conversion CO/CC
or CC/CO |
|
Operations Assessment |
The subject's
operates as a footwear retailer. |
|
Industry/ Customers |
The general
public |
|
Export |
None |
|
Import |
None |
|
Major Industry Code / SICC |
61310 |
|
Definition of Code |
Wholesale trade in
textiles, clothing and footwear |
|
Head Office Physical Address |
Unit 6 Old Mill Park, 22 Old Mill Road, NDABENI, 7405 |
|
Head Office Postal Address |
PO Box 529,
HOWARD PLACE, 7450 |
|
Current Tel Number |
0215315450 |
|
Cell Number |
Unavailable |
|
Current Fax Number |
0215314968 |
|
Current Email Address |
|
|
Web Site Address |
|
Company Registered Name |
MKD CHARTERED
ACCOUNTANTS S.A. |
|
Trading Name |
Unavailable |
|
Registration Number |
Unavailable |
|
Physical Address |
Concertino
House, 106 Kloof Street, CAPE TOWN, 8001 |
|
Postal Address |
PO Box 12091, Mill
Street, CAPE TOWN, 8010 |
|
Contact Person |
Unavailable |
|
Contact Number |
0214246461 |
|
Email |
|
|
Judgements Against Subject |
Unavailable |
|
Judgements Against Principals |
Unavailable |
|
Subject Verified as Client |
No |
|
Practice Number |
917109E |
|
VAT Number |
Unavailable |
|
Tax Number |
Unavailable |
|
BEE Status |
Unavailable |
|
Financial Year End |
Unavailable |
|
No of years in Business |
Unavailable |
|
Website |
Unavailable |
Previous Auditors Information - No Information on Record
|
Vat Number |
4780160794 |
|
Status |
ACTIVE |
|
Vat Liable Date |
1996/06/18 |
|
Tax Number |
9623006039 |
|
Financial Year End |
December |
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 |
Member |
STEVEN MILLER |
|
|
1 |
Memeber |
ADRIAAN SLABBER |
|
Company Structure
(Ownership)
Note:
One level up and all levels down
|
Holding |
Company |
Sub |
Comment |
|
STEVEN MILLER - 50% |
FRANCO CECCATO CC |
|
|
|
ADRIAAN SLABBER - 50% |
FRANCO CECCATO CC |
|
|
Key Deals - No Information on Record
Trade References Information - No Information on Record
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
|
Number of Principals |
2 |
|
Average Age of Active Principals |
55 |
Active Principals
Principal - 1 of 2 STEVEN MILLER
|
Surname |
MILLER |
|
First Name |
STEVEN |
|
Other Names |
Unavailable |
|
ID Number |
6108295161009 |
|
Verified ID Number |
Yes |
|
Current Age |
52 Years 9 Months |
|
Designation |
Member |
|
Status |
Active |
|
Appointment Date |
2012/12/10 |
|
Physical Address (at time of Appointment) |
SWALLOW STREEET, DURBANVILLE, 7550 |
|
Postal Address |
SWALLOW STREEET, DURBANVILLE, 7550 |
|
Current Tel Number |
0215315450 |
|
Cell number |
0832311463 |
|
Shareholding/Membership |
50 % |
Principal's Adverse -
No information on record
Business Information
for STEVEN MILLER
Principal Current Business
Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
FRANCO CECCATO CC |
B1996/043411/23 |
Conversion CO/CC
or CC/CO |
18 Years 6 Months |
0 |
No |
|
|
WILD ALICE COLLECTION CC |
B2009/192738/23 |
Conversion CO/CC
or CC/CO |
5 Years 5 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 18 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ANDREOLI SHOES CC |
B1995/017049/23 |
Deregistration Process |
19 Years 7 Months |
0 |
No |
|
|
CAVELA PROPERTIES CC |
B1997/050342/23 |
In Business |
17 Years 5 Months |
0 |
No |
|
|
CAVELA SALES CC |
B1999/023938/23 |
Deregistration Final |
15 Years 3 Months |
0 |
No |
|
|
COMBINED FASHION HOLDINGS (PTY)LTD |
M2006/011626/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
D AND W CLOTHING CC |
B1992/025061/23 |
Deregistration Final |
22 Years 10 Months |
0 |
No |
|
|
FRANCO CECCATO DIRECT CC |
B2003/031776/23 |
Deregistration Final |
11 Years 11 Months |
0 |
No |
|
|
MR SHOE (PTY)LTD |
M1977/001194/07 |
Deregistration Final |
37 Years 1 Months |
0 |
No |
|
|
NQUBELA FASHIONS CC |
B1996/062991/23 |
Deregistration Final |
18 Years 6 Months |
0 |
No |
|
Principal Deeds
Information
Property Interests
for STEVEN MILLER
|
Title Deed No. |
T64882/1991 |
Erf/Site No. |
4048 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
44 BURTON DURBANVILLE |
|
Property Type |
F |
Extent / Size |
1036.00000000 |
|
Purchase Date |
1991/07/26 |
Purchase price |
R 48500.00 |
|
% Ownership |
0.00 |
Bond Holder |
NEDCOR BANK LTD |
|
Bond Number |
B205951998 |
Bond Amount |
R100000.00 |
Principal - 2 of 2
ADRIAAN SLABBER
|
Surname |
SLABBER |
|
First Name |
ADRIAAN |
|
Other Names |
Unavailable |
|
ID Number |
5701045003009 |
|
Verified ID Number |
Yes |
|
Current Age |
57 Years 4 Months |
|
Designation |
Member |
|
Status |
Active |
|
Appointment Date |
2006/08/03 |
|
Physical Address (at time of Appointment) |
LA MONTAGNE, 52 UPPER PRIMROSE AVENUE, BISCHOPSCOURT, 7708 |
|
Postal Address |
P O BOX 44841, CLAREMONT, 7700 |
|
Current Tel Number |
0214055000 |
|
Cell number |
0768691498 |
|
Shareholding/Membership |
50 % |
Principal's Adverse -
No information on record
Business Information
for ADRIAAN SLABBER
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
ADMIRALTY SQUARE DEVELOPMENT COMPANY (PTY)LTD |
M2003/016025/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
AIRPORT CORRIDOR MALL (PTY)LTD |
M2008/016058/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
ALTIVEX 115 (PTY)LTD |
M2004/028288/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
BELSEY DESIGN PROPERTIES CC |
B2006/101260/23 |
In Business |
8 Years 8 Months |
0 |
No |
|
CATWALK INVESTMENTS 104 (PTY)LTD |
M1999/001058/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
CLE DU CAP HOLDINGS (PTY)LTD |
1990/003830/07 |
In Business |
0 |
0 |
No |
|
COMBERA TRADING (PTY)LTD |
M2010/019649/07 |
In Business |
4 Years 4 Months |
0 |
No |
|
DEVMET PROPERTY DEVELOPMENTS (PTY)LTD |
M2007/015405/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
FANGOLF PROPERTY HOLDINGS (PTY)LTD |
M1995/011819/07 |
In Business |
19 Years 7 Months |
0 |
No |
|
FLORENSEC PROPERTIES 25 (PTY)LTD |
M2000/001808/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
FRANCO CECCATO CC |
B1996/043411/23 |
Conversion CO/CC or CC/CO |
18 Years 6 Months |
0 |
No |
|
GAXME (PTY)LTD |
M2009/004465/07 |
In Business |
5 Years 5 Months |
0 |
No |
|
GEMINI MOON TRADING 72 (PTY)LTD |
M2004/017506/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
GREEN WILLOWS PROPERTIES 146 (PTY)LTD |
M2005/018619/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
JFS PROPERTIES NO 9 (PTY)LTD |
M2004/008050/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
MARINE DISTRIBUTORS (PTY)LTD |
M1969/006032/07 |
In Business |
45 Years 9 Months |
0 |
No |
|
NEWLANDS MOUNTAIN BOX CC |
B1992/026862/23 |
In Business |
22 Years 10 Months |
0 |
No |
|
SAGINT (PTY)LTD |
M2005/019894/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
SAGIT EDUCATIONAL PROPERTIES (PTY)LTD |
M2000/022945/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
SAMAB RETAILERS (PTY)LTD |
M1995/008048/07 |
In Business |
19 Years 7 Months |
0 |
No |
|
SIGNATURE WARE (PTY)LTD |
M2004/011924/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
SOVEREIGN SEEKER INVESTMENTS 84 (PTY)LTD |
M2005/018080/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
STRUCTURED AND GENERAL INVESTMENT AND TRUST COMPANY LTD |
M1969/015178/06 |
In Business |
45 Years 9 Months |
0 |
No |
|
TINUS SLABBER ASSOCIATES |
5701045003082 |
|
Unknown |
0 |
No |
Principal Previous Business Interests
Average Age of Previous Business 13 Years
|
Company Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
|
CLE DU CAP NO 109 (PTY)LTD |
M2000/022724/07 |
Deregistration
Final |
14 Years 2 Months |
0 |
No |
|
CLE DU CAP NO 124 (PTY)LTD |
M2000/022725/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
CLE DU CAP NO 138 (PTY)LTD |
M2001/013025/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
CLE DU CAP NO 17 (PTY)LTD |
M2000/022784/07 |
Deregistration
Final |
14 Years 2 Months |
0 |
No |
|
CLE DU CAP NO 27 (PTY)LTD |
M2000/021634/07 |
Deregistration
Final |
14 Years 2 Months |
0 |
No |
|
CLE DU CAP NO 31 (PTY)LTD |
M2000/022760/07 |
Deregistration
Final |
14 Years 2 Months |
0 |
No |
|
CLE DU CAP NO 80 (PTY)LTD |
M2000/022932/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
CLE DU CAP NO 9 (PTY)LTD |
M2000/022726/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
CLE DU CAP NO 99 (PTY)LTD |
M2000/017821/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
DURR
BUSINESS BROKERS(PTY)LTD |
M2000/002790/07 |
Deregistration
Final |
14 Years 2 Months |
0 |
No |
|
FUNCTIONAL
HEALTHCARE MANAGEMENT (PTY)LTD |
M2000/021841/07 |
In
Business |
14 Years 2 Months |
0 |
No |
|
H
INVESTMENTS NO 147 (PTY)LTD |
M1998/011237/07 |
Deregistration
Final |
16 Years 4 Months |
0 |
No |
|
HERITAGE
MANOR (PTY)LTD |
M2001/001686/07 |
In
Business |
13 Years 1 Months |
0 |
No |
|
HLABIRWA
MINING INVESTMENTS (PTY)LTD |
M2000/017808/07 |
In
Business |
14 Years 2 Months |
0 |
No |
|
LADY
ASH TRADE HOLDINGS (PTY)LTD |
M2003/024329/07 |
Deregistration
Final |
11 Years 11 Months |
0 |
No |
|
LANGENI
LODGE AND STRESS CLINIC (PTY)LTD |
M1998/006914/07 |
Deregistration
Final |
16 Years 4 Months |
0 |
No |
|
MANOR
ENTERPRISES (PTY)LTD |
M2004/036099/07 |
In
Business |
10 Years 10 Months |
0 |
No |
|
RIVERSIDE
MANOR CONTROLLED LEVY CC |
B2003/027617/23 |
Conversion
CO/CC or CC/CO |
11 Years 11 Months |
0 |
No |
|
RIVERSIDE
MANOR RETIREMENT VILLAGE (PTY)LTD |
M2005/018467/07 |
Deregistration
Final |
9 Years 9 Months |
0 |
No |
|
S
INVESTMENTS NO 17 (PTY)LTD |
M1996/003720/07 |
Deregistration
Final |
18 Years 6 Months |
0 |
No |
|
S
INVESTMENTS NO 28 (PTY)LTD |
M1996/003758/07 |
Deregistration
Final |
18 Years 6 Months |
0 |
No |
|
SANSBURY
(PTY)LTD |
M1998/006608/07 |
In
Business |
16 Years 4 Months |
0 |
No |
|
SUNSHINE
STREET INVESTMENTS 109 (PTY)LTD |
M2003/005255/07 |
In
Business |
11 Years 11 Months |
0 |
No |
|
TUFFY MANUFACTURING
(PTY)LTD |
M2000/017909/07 |
In
Business |
14 Years 2 Months |
0 |
No |
|
TULULA
TRADERS CC |
B1997/050815/23 |
Deregistration
Final |
17 Years 5 Months |
0 |
No |
Principal Deeds Information
Property Interests
for ADRIAAN SLABBER
|
Title Deed No. |
T48646/1987 |
Erf/Site No. |
10316 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
STRAND |
|
Property Type |
F |
Extent / Size |
348.00000000 |
|
Purchase Date |
1987/07/03 |
Purchase price |
R150000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.30 |
|
UK Pound |
1 |
Rs.99.34 |
|
Euro |
1 |
Rs.80.70 |
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.