|
Report Date : |
13.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
STASSEN
BOEKWINKELS CC |
|
|
|
|
Registered Office : |
1067 Burnett Street, Hatfield, 0083 P O Box 35110, Menlopark, 0102 |
|
|
|
|
Country : |
South Africa |
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|
|
|
Date of Incorporation : |
19.02.1999 |
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|
|
|
Com. Reg. No.: |
B1999/009102/23 |
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|
|
|
Legal Form : |
Private Company |
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|
|
|
Line of Business : |
Subject is engaged in publishing of books, brochures, musical books and other publications. |
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|
|
|
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 |
STASSEN BOEKWINKELS CC |
|
Country |
South
Africa |
|
Account
Review |
Reccomended
Every 6 Months |
|
Subject
Contact Person |
HESTER
DIEPENAAR - Accountant |
|
Assessment |
This
is an established business. On investigation contact was made with HESTER
DIEPENAAR the accountant who declined to assist with the required
information. She stated that the subject does not have any contacts or
suppliers in India. We obtained a bank code C for R 100 000 over a period of
30 days. Please see the available information on the subject below. |
|
Registered
Name |
STASSEN
BOEKWINKELS CC |
|
Trading
as/ Division Name |
PROTEA
BOEKHUIS |
|
Previous
Name |
None |
|
Date
of Name Change |
None |
|
Registration
Number |
B1999/009102/23 |
|
Registration
Date |
1999/02/19 |
|
Date
Commenced Trading |
1999-02-19 |
|
Age
of Business |
15
Years 4 Months |
|
History
of Business |
The
subject commenced trading as a new business in 1999. |
|
History
of Principals |
There
is 1 active member within the business. |
|
Shareholders/Members/Partners
of subject and % holding |
100%
- FRANS JOHANNES NICOLAAS STASSEN |
|
Authorised
Share Capital |
|
|
Issued
Share Capital/Members Contribution |
|
|
Status |
In
Business |
|
Operations
Assessment |
The
subject operates as a publisher of books |
|
Industry/
Customers |
The
education sector |
|
Export |
Unknown |
|
Export
Countries |
|
|
Import |
Unknown |
|
Import
Countries |
|
|
Major
Industry Code / SICC |
32410 |
|
Definition
of Code |
Publishing
of books, brochures, musical books and other publications |
|
Head
Office Physical Address |
1067
BURNETT STREET, HATFIELD, 0083 |
|
Head
Office Postal Address |
P
O BOX 35110, MENLOPARK, 0102 |
|
Current
Tel Number |
0123625683 |
|
Cell
Number |
Unavailable |
|
Current
Fax Number |
0123625688 |
|
Current
Email Address |
|
|
Web
Site Address |
|
|
Comments |
|
|
Company
Registered Name |
H
E SHIPTON |
|
Trading
Name |
Unavailable |
|
Registration
Number |
Unavailable |
|
Physical
Address |
Unavailable |
|
Postal
Address |
P.O.
BOX 912-254, SILVERTON, 0127 |
|
Contact
Person |
Unavailable |
|
Contact
Number |
Unavailable |
|
Email |
Unavailable |
|
Principals |
|
|
Judgements
Against Subject |
Unavailable |
|
Judgements
Against Principals |
Unavailable |
|
Subject
Verified as Client |
|
|
Practice
Number |
13586 |
|
VAT
Number |
Unavailable |
|
Tax
Number |
Unavailable |
|
BEE
Status |
Unavailable |
|
Financial
Year End |
Unavailable |
|
No
of years in Business |
15
Years |
|
Website |
Unavailable |
|
Comment |
|
Previous Auditors Information - No Information on Record
|
Vat
Number |
4290188079 |
|
Status |
ACTIVE |
|
Vat
Liable Date |
2000/05/01 |
|
Tax
Number |
9017044836 |
|
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
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
MEMBER |
FRANS
JOHANNES NICOLAAS STASSEN |
|
Key Deals - No Information on Record
Trade References Information - No Information on Record
|
Holding |
Company |
Sub |
Comment |
|
100°% - FRANS JOHANNES NICOLAAS STASSEN |
STASSEN
BOEKWINKELS CC |
NONE |
|
Judgements - No information on record
BusinessRescue - No Information on Record
Default Listing - No information on record
Notarial Bonds - No information on record
|
Bank |
ABSA |
|
Branch |
HATFIELD |
|
Brach
Code |
632005 |
|
Bank
Account Number |
4051557220 |
|
Type
of Account |
CURRENT |
|
Account
Name |
STASSEN
BORKWINKELS CC |
|
Overdraft
Facilities |
YES |
|
Bank
Code |
C
FOR 100000 |
|
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
|
Number
of Principals |
1 |
|
Average
Age of Active Principals |
51 |
|
Active Principals Principal - 1 of 1 FRANS STASSEN |
|
|
Surname |
STASSEN |
|
First
Name |
FRANS |
|
Other
Names |
JOHANNES
NICOLAAS |
|
Marital
Status |
|
|
ID
Number |
6306085001001 |
|
Verified
ID Number |
Yes |
|
Current
Age |
51
Years |
|
Designation |
Member |
|
Status |
Active |
|
Appointment
Date |
1999/06/01 |
|
Physical
Address (at time of Appointment) |
452
KINGS HIGHWAY, LYNNWOOD, 0182 |
|
Postal
Address |
POSBUS
35110, MENLOPARK, 0102 |
|
Current
Tel Number |
Unavailable |
|
Cell
number |
Unavailable |
|
Shareholding/Membership |
100
% |
Principal's Adverse - No information on record
Business Information for FRANS STASSEN
Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
BIBLIO
POLA CC |
B1994/013751/23 |
In
Business |
20
Years 8 Months |
0 |
No |
|
|
J2H2
BELEGGINGS (PTY)LTD |
M2001/010691/07 |
In
Business |
13
Years 1 Months |
0 |
No |
|
|
PROTEA
BOEKWINKEL |
6306085001001 |
|
Unknown |
0 |
No |
|
|
STASSEN BOEKWINKELS
CC |
B1999/009102/23 |
In
Business |
15
Years 3 Months |
0 |
No |
|
|
STASSEN
UITGEWERS CC |
B1999/008952/23 |
In
Business |
15
Years 3 Months |
0 |
No |
|
Principal's Previous Business Interests - No information on
record
Principal Deeds Information
Property Interests for FRANS STASSEN
|
Title
Deed No. |
T110669/1995 |
Erf/Site
No. |
24 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
32
SNYMAN PRETORIA |
|
Property
Type |
F |
Extent
/ Size |
59900.00000000 |
|
Purchase
Date |
1995/08/17 |
Purchase
price |
R
370000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
ABSA
BANK LTD |
|
Bond
Number |
B1082541995 |
Bond
Amount |
R
370.00 |
|
Comment |
|
||
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.33 |
|
|
1 |
Rs.99.68 |
|
Euro |
1 |
Rs.80.30 |
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.