|
Report Date : |
12.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
STRUIK CHRISTIAN
MEDIA (PTY)LTD |
|
|
|
|
Registered Office : |
Block B Ground Floor, Belvedere Office Park, Pasita Road, Bellville,
Cape Town, 7536 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
30.08.2013 |
|
|
|
|
Com. Reg. No.: |
K2013/157123/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
· subject is a leading publisher and distributor of Bibles, and Christian inspirational titles in South Africa, representing some of the top Christian publishers in the world. · Engaged in publishing of books, brochures, musical books and other publications |
|
|
|
|
No of Employees : |
20 |
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 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 |
STRUIK CHRISTIAN MEDIA (PTY)LTD |
|
Country |
South Africa |
|
Subject Contact Person |
IANA - Financial Manager |
|
Assessment |
On investigation contact was made with the financial manager IANA who declined the banking details and all financials on the subject. The subject is meeting commitment timeously with suppliers. Please see the available information on the subject. |
|
Registered Name |
STRUIK CHRISTIAN MEDIA (PTY)LTD |
|
Trading as/ Division Name |
STRUIK CHRISTIAN MEDIA |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
K2013/157123/07 |
|
Registration Date |
2013/08/30 |
|
Date Commenced Trading |
2013-08-30 |
|
Age of Business |
10 Months |
|
History of Business |
The subject commended trading as a new company in 2013. |
|
History of Principals |
There are currently 4 directors within the company. |
|
Shareholders/Members/Partners of subject and % holding |
Unavailable |
|
Authorised Share Capital |
R 0.00 |
|
Issued Share Capital/Members Contribution |
R 0.00 |
|
Status |
In Business |
|
Operations Assessment |
The subject is a leading publisher and distributor of Bibles, and christian inspirational titles in South Africa, representing some of the top Christian publishers in the world. |
|
Industry/ Customers |
All major retailers |
|
Export |
Yes |
|
Import |
Yes |
|
Major Industry Code / SICC |
32410 |
|
Definition of Code |
Publishing of books, brochures, musical
books and other publications |
|
Head Office Physical Address |
Block B Ground Floor, Belvedere Office Park, Pasita Road, Bellville, CAPE TOWN, 7536 |
|
Head Office Postal Address |
PO Box 3434, TYGER VALLEY, 7536 |
|
Current Tel Number |
0219144015 |
|
Cell Number |
None |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
|
|
Web Site Address |
|
Company Registered Name |
MPW FOURIE |
|
Trading Name |
Unavailable |
|
Registration Number |
Unavailable |
|
Physical Address |
5A Rietbok Building, General Hertzog Street, VANDERBIJLPARK, 1911 |
|
Postal Address |
P O BOX 540, VANDERBIJLPARK, 1900 |
|
Contact Person |
MICHIEL |
|
Contact Number |
0169311573 |
|
Email |
Unavailable |
|
Principals |
1 |
|
Judgements Against Subject |
None On Record |
|
Judgements Against Principals |
None On Record |
|
Subject Verified as Client |
Yes |
|
Practice Number |
915521 |
|
VAT Number |
Unavailable |
|
Tax Number |
Unavailable |
|
BEE Status |
Unavailable |
|
Financial Year End |
Unavailable |
|
No of years in Business |
Unknown |
|
Website |
Unavailable |
|
Comment |
Awaiting information on the auditors |
Previous Auditors Information - No Information on Record
|
Vat Number |
4380263790 |
|
Status |
ACTIVE |
|
Tax Number |
9397285173 |
|
Financial Year End |
Unavailable |
Black Economic Empowerment Information - No Information on Record
ISO Information - No Information on Record
|
Registered |
Yes |
|
Compliance Certified |
Yes |
Subsidiaries
Information - No Information on Record
|
Employees |
|
|
Number of Employees |
20 |
|
1. Salaried employees |
20 |
|
2. Waged employees |
--- |
|
3. Permanent employees |
20 |
Company Fleet Information - No Information on Record
|
Offices |
Offices |
|
Head Office Owned/ Rented |
Leased |
|
Rental Company |
METROPHARM |
|
Type of Premises |
Offices |
Branch Information - No Information on Record
Organisation Chart
|
Level |
Position |
Name |
Comment |
|
1
Director RINALDO BETISTA GUELPA |
|||
|
1 |
Director |
CHRISTIAAN HENDRIK JOHNSEN |
|
|
1 |
Director |
EMILE JOHNSEN |
|
|
1 |
Director |
CHRISTIAAN HENDRIK JOHNSON |
|
Company Structure Information - No Information on Record
Note:
One level up and all levels down
Key Deals - No Information on Record
|
Trade Reference nr |
Supplier |
Contact |
Surety Value |
Notarial Bonds |
Comment |
|
|
1 |
HIRT AND CARTER |
0214108160 |
|
|
|
|
|
2 |
THREE RIVERS LODGE |
0164236046 |
|
|
|
|
|
3 |
CHRISTIAN MAGAZINE |
0218524061 |
|
|
|
|
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
2 Years |
R100000.00 |
R 250000 |
30 Days |
R 50000 |
30 Days |
Good account |
|
2 |
1 Years |
|
|
30 Days |
R 2000 |
30 Days |
Good account.
The subject has an open account with the supplier. |
|
3 |
8 Years |
|
|
30 Days |
R10000 |
30 Days |
Good account.
The subject has an open account with the supplier. |
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 |
4 |
|
Average Age of Active Principals |
43 |
Active Principals Principal
- 1 of 4 CTRISTIAAN JOHNSEN
|
Surname |
JOHNSEN |
|
First Name |
CTRISTIAAN |
|
Other Names |
None |
|
ID Number |
4912295099081 |
|
Verified ID Number |
Yes |
|
Current Age |
64 Years 6 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2013/08/30 |
|
Physical Address (at time of Appointment) |
21 SUGAR BUSH AVENUE, THREE RIVERS, VEREENIGING, 1939 |
|
Postal Address |
PO BOX 1599, VEREENIGING, 1930 |
|
Current Tel Number |
0164407000 |
|
Cell number |
Unavailable |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business
Information for CTRISTIAAN JOHNSEN
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
818 SMUTS PROPERTY INVESTMENTS (PTY)LTD |
M1982/005295/07 |
In Business |
32 Years 8 Months |
0 |
No |
|
|
CH JOHNSEN BELEGGINGS (PTY)LTD |
M1972/010789/07 |
In Business |
42 Years 6 Months |
0 |
No |
|
|
CHRISTELIKE UITGEWERSMAATS KAPPY (PTY)LTD |
M1981/001143/07 |
In Business |
33 Years 9 Months |
0 |
No |
|
|
CHRISTIAN ART DISTRIBUTORS (PTY)LTD |
K2013/164766/07 |
In Business |
1 Years 1 Months |
0 |
No |
|
|
CHRISTIAN ART GIFTS HONG KONG LIMITED INCORPORATED IN HONG KONG |
M2008/026419/10 |
In Business |
6 Years 6 Months |
0 |
No |
|
|
DUNCAN INVESTMENT CORPORATION (PTY)LTD |
M1964/005702/07 |
In Business |
50 Years 2 Months |
0 |
No |
|
|
RIVER GATE PROPERTIES (PTY)LTD |
M1981/005361/07 |
In Business |
33 Years 9 Months |
0 |
No |
|
|
STRUIK CHRISTIAN MEDIA (PTY)LTD |
K2013/157123/07 |
In Business |
1 Years 1 Months |
0 |
No |
|
|
THREE RIVER LODGE (PTY)LTD |
M2009/019398/07 |
In Business |
5 Years 5 Months |
0 |
No |
|
|
THREE RIVER LODGE CC |
1985/012369/23 |
In Business |
29 Years 5 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 23 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
||
|
BEACONSFIELD BELEGGINGS CC |
B1988/016800/23 |
In Business |
26 Years 2 Months |
1 |
No |
|
||
|
BIBLE CENTRE CC |
B1985/013356/23 |
In Business |
29 Years 5 Months |
0 |
No |
|
||
|
GERANIUMSTRAAT BELEGGINGS CC |
B1993/015113/23 |
Deregistration Final |
21 Years 9 Months |
1 |
No |
|
||
|
GOLF MEWS PROPERTIES CC |
B1996/031350/23 |
In Business |
18 Years 6 Months |
0 |
No |
|
||
|
GOLF WEG 46 DRIE RIVIERE PROPER CC |
B2004/021731/23 |
Deregistration Final |
10 Years 10 Months |
0 |
No |
|
||
|
MOUNTAIN TIES CC |
B1991/001232/23 |
Deregistration Final |
23 Years 11 Months |
0 |
No |
|
||
|
TRANSO PERS (PTY)LTD |
M1975/000725/07 |
Deregistration Final |
39 Years 3 Months |
0 |
No |
|
||
Principal Deeds
Information
Property Interests for
CTRISTIAAN JOHNSEN
|
Title Deed No. |
T25121/2013 |
Erf/Site No. |
2547 |
|
Deeds Office |
PRETORIA |
Physical Address |
THREE RIVERS |
|
Property Type |
E |
Extent / Size |
1128.0SQM |
|
Purchase Date |
2013/03/01 |
Purchase price |
R 750000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
Principal - 2 of 4
RINALDO GUELPA
|
Surname |
GUELPA |
|
First Name |
RINALDO |
|
Other Names |
None |
|
ID Number |
7303145144086 |
|
Verified ID Number |
Yes |
|
Current Age |
41 Years 3 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2013/08/30 |
|
Physical Address (at time of Appointment) |
12 WHAREE DRIVE, THREE RIVERS, VEREENIGING, 1939 |
|
Postal Address |
P O BOX 1599, VEREENIGING, 1930 |
|
Current Tel Number |
0164214781 |
|
Cell number |
0828756862 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for RINALDO GUELPA
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
STRUIK CHRISTIAN MEDIA (PTY)LTD |
K2013/157123/07 |
In Business |
1 Years 1 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 14
Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ASAPI1047 CC |
B2000/054164/23 |
Deregistration Final |
14 Years 2 Months |
0 |
No |
|
Principal Deeds
Information
|
Property Interests for RINALDO GUELPA |
|||
|
Title Deed No. |
T85757/1999 |
Erf/Site No. |
2007 |
|
Deeds Office |
PRETORIA |
Physical Address |
58 HAZEL VEREENIGING |
|
Property Type |
F |
Extent / Size |
1041.00000000 |
|
Purchase Date |
1999/03/25 |
Purchase price |
R168000.00 |
|
% Ownership |
0.00 |
Bond Holder |
SAAMBOU BANK LTD |
|
Bond Number |
B396001999 |
Bond Amount |
R168000.00 |
Property Interests for RINALDO GUELPA
|
Title Deed No. |
T24391/2004 |
Erf/Site No. |
342 |
|
Deeds Office |
PRETORIA |
Physical Address |
12 WHAREE THREE RIVERS VEREENIGING |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2004/01/06 |
Purchase price |
R 530000.00 |
|
% Ownership |
0.00 |
Bond Holder |
FIRSTRAND BANK LTD |
|
Bond Number |
B214982004 |
Bond Amount |
R 530000.00 |
Principal - 3 of 4
CHRISTIAAN JOHNSEN
|
Surname |
JOHNSEN |
|
First Name |
CHRISTIAAN |
|
Other Names |
None |
|
ID Number |
7907035021087 |
|
Verified ID Number |
Yes |
|
Current Age |
34 Years 11 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2013/08/30 |
|
Physical Address (at time of Appointment) |
3 SUGARBUSH DRIVE, THREE RIVERS, VEREENIGING, 1939 |
|
Postal Address |
P O BOX 1599, VEREENIGING, 1930 |
|
Current Tel Number |
0164214781 |
|
Cell number |
0833139764 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for CHRISTIAAN JOHNSEN
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
STRUIK CHRISTIAN MEDIA (PTY)LTD |
K2013/157123/07 |
In Business |
1 Years 1 Months |
0 |
No |
|
Principal - 4 of 4
EMILE JOHNSON
|
Surname |
JOHNSON |
|
First Name |
EMILE |
|
Other Names |
None |
|
ID Number |
8211235280083 |
|
Verified ID Number |
Yes |
|
Current Age |
31 Years 7 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2013/08/30 |
|
Physical Address (at time of Appointment) |
41 SUMMERVIEW ESTATE, FISH EAGLE DRIVE, THREE RIVERS, VEREENIGING,
1939 |
|
Postal Address |
P O BOX 1599, VEREENIGING, 1930 |
|
Current Tel Number |
0164407000 |
|
Cell number |
0828287049 |
|
Shareholding/Membership |
0.00 |
Business Information
for EMILE JOHNSON
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
STRUIK CHRISTIAN MEDIA (PTY)LTD |
K2013/157123/07 |
In Business |
1 Years 1 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 |
|
GOLF WEG 46 DRIE RIVIERE PROPER CC |
B2004/021731/23 |
Deregistration Final |
10 Years 10 Months |
0 |
No |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.33 |
|
UK Pound |
1 |
Rs.99.42 |
|
Euro |
1 |
Rs.80.32 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
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.