|
Report Date : |
14.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
MAP STUDIO
(PTY)LTD |
|
|
|
|
Registered Office : |
M5 Park, Block B, Unit 3, Ground Floor, Eastman Road (Off
Upper Camp Road), Maitland, 7405 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
08.07.1988 |
|
|
|
|
Com. Reg. No.: |
M1988/003909/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
·
Engaged in publishing
and distributing of maps in Africa ·
Subject is also
engaged in distributing the internationally renowned Globetrotter Travel Guide series
(comprising over 100 international destination titles) which encompasses
Travel Packs, Maps & Atlases Foreign Language Phrase Books ·
Subject products ranges include
a large range of travel, adventure and sports books, road maps, atlases,
tourist maps, educational products, wall maps and street guides |
|
|
|
|
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 |
MAP STUDIO (PTY)LTD |
|
Country |
South Africa |
|
Subject Contact Person |
LOIS O BRIAN - Managing Director |
|
Assessment |
This is an established business. On investigation contact was made with LOIS O BRIAN the managing director who declined to assist with information telephonically. She requested a questionnaire to be sent and will revert back to us once completed. Please see the available information on the subject below. |
|
Registered Name |
MAP STUDIO (PTY)LTD |
|
Trading as/ Division Name |
Unavailable |
|
Previous Name |
Unavailable |
|
Date of Name Change |
1988-10-13 |
|
Registration Number |
M1988/003909/07 |
|
Registration Date |
1988/07/08 |
|
Date Commenced Trading |
1988-07-08 |
|
Age of Business |
25 Years 11 Months |
|
History of Business |
The company is operation for the past 25 years 11 months. |
|
History of Principals |
There are 4 active directors of the business. |
|
Shareholders/Members/Partners of subject and % holding |
Unavailable |
|
Authorised Share Capital |
R 0.00 |
|
Issued Share Capital/Members Contribution |
R 0.00 |
|
Status |
Deregistration Final |
|
Operations Assessment |
· The company's main operation is to publish and distribute maps in Africa. ·
Subject is also
engaged in distributing the internationally renowned Globetrotter Travel Guide
series (comprising over 100 international destination titles) which encompasses
Travel Packs, Maps & Atlases Foreign Language Phrase Books |
|
Industry/ Customers |
Tourists and General Public |
|
Export |
Yes |
|
Import |
None |
|
Major Industry Code / SICC |
74140 |
|
Definition of Code |
Travel agency and related activities |
|
Product details |
·
Travel, Adventure and Sports Books ·
Road Maps ·
Atlases, ·
Tourist Maps ·
Educational Products ·
Wall Maps and Street Guides |
|
Head Office Physical Address |
M5 Park, Block B, Unit
3, Ground Floor, Eastman Road (off Upper Camp Road), MAITLAND, 7405 |
|
Head Office Postal Address |
PO Box 1144, CAPE TOWN, 8000 |
|
Current Tel Number |
0215143900 |
|
Cell Number |
0845101777 |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
|
|
Web Site Address |
Auditors Information -
No Information on Record
Previous Auditors
Information - No Information on Record
|
Status |
INACTIVE |
|
Tax Number |
9380257841 |
|
Financial Year End |
March |
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
Organisational Chart
- No In formation on Record
Company Structure
Information - No Information on Record
Note: One level up and all
levels down
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 |
4 |
|
Average Age of Active Principals |
52 |
Active Principals
Principal - 1 of 3 TERRANCE BRUMMER
|
Surname |
BRUMMER |
|
First Name |
TERRANCE |
|
Other Names |
None |
|
ID Number |
6209225057083 |
|
Verified ID Number |
Yes |
|
Current Age |
51 Years 9 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2003/07/03 |
|
Physical Address (at time of Appointment) |
37 SETTLER DRIVE, EDGEMEAD, CAPE TOWN, 7441 |
|
Postal Address |
P O BOX 1144, CAPE TOWN, 8000 |
|
Current Tel Number |
0214605400 |
|
Cell number |
0828866657 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for TERRANCE BRUMMER
Principal Current Business
Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
AVUSA RETAIL LTD |
M1903/002033/06 |
In Business |
111 Years 3 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 33 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
AVUSA RETAIL (PTY)LTD |
M1903/002033/07 |
In Business |
111 Years 3 Months |
0 |
No |
|
|
BOOKMARK AT UP (PTY)LTD |
M1975/001501/07 |
In Business |
39 Years 3 Months |
0 |
No |
|
|
BOOKSITE AFRIKA (PTY)LTD |
M1946/020871/07 |
Deregistration Final |
68 Years 8 Months |
1 |
No |
|
|
MAP STUDIO (PTY)LTD |
M1988/003909/07 |
Deregistration Final |
26 Years 2 Months |
0 |
No |
|
|
MEGA DIGITAL (PTY)LTD |
M2006/035896/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
NEW HOLLAND PUBLISHING (PTY)LTD |
M1965/009684/07 |
In Business |
49 Years 1 Months |
0 |
No |
|
|
NEW HOLLAND PUBLISHING (SOUTH AFRICA) (PTY)LTD |
M1971/009721/07 |
In Business |
43 Years 7 Months |
0 |
No |
|
|
RANDOM HOUSE STRUIK (PTY)LTD |
M1966/003153/07 |
In Business |
|
0 |
No |
|
|
SOUTHERN BOOK PUBLISHERS (PTY)LTD |
M1971/002104/07 |
Deregistration Final |
43 Years 7 Months |
0 |
No |
|
|
SOUTHERN DIRECTORIES (PTY)LTD |
M1994/003443/07 |
Deregistration Final |
20 Years 8 Months |
0 |
No |
|
|
STRUIK CHRISTIAN BOOKS LTD |
M1921/002203/06 |
Deregistration Final |
93 Years 9 Months |
0 |
No |
|
|
STRUIK MARKETING SERVICES (PTY)LTD |
M1980/002842/07 |
Deregistration Final |
34 Years 10 Months |
0 |
No |
|
|
STRUIK PUBLISHERS (PTY)LTD |
M1954/000965/07 |
Deregistration Final |
|
0 |
No |
|
Principal Deeds
Information
Property Interests
for TERRANCE BRUMMER
|
Title Deed No. |
T4598/2000 |
Erf/Site No. |
31022 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
37 SETTLERS EDGEMEAD GOODWOOD |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
1999/11/30 |
Purchase price |
R 290000.00 |
|
% Ownership |
0.00 |
Bond Holder |
STANDARD BANK OF SOUTH AFRICA L |
|
Bond Number |
B25412000 |
Bond Amount |
R 350000.00 |
Principal - 2 of 3 LOIS O BRIEN
|
Surname |
O BRIEN |
|
First Name |
LOIS |
|
Other Names |
None |
|
ID Number |
6001140069081 |
|
Verified ID Number |
Yes |
|
Current Age |
54 Years 5 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2002/11/29 |
|
Physical Address (at time of Appointment) |
6 COACH ROAD, WYNBERG, 7800 |
|
Postal Address |
PO BOX 1144, CAPE TOWN, 8001 |
|
Current Tel Number |
0214624360 |
|
Cell number |
0741327639 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for LOIS O BRIEN
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
NEW HOLLAND PUBLISHING (SOUTH AFRICA) (PTY)LTD |
M1971/009721/07 |
In Business |
43 Years 7 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 30 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
MAP STUDIO (PTY)LTD |
M1988/003909/07 |
Deregistration Final |
26 Years 2 Months |
0 |
No |
|
|
TOMTOM SOUTH AFRICA (PTY)LTD |
M1963/006481/07 |
In Business |
51 Years 3 Months |
0 |
No |
|
|
WARREN JACOBS LADDER ROOFING AND CARPENTRY CC |
B2001/071500/23 |
Deregistration Final |
13 Years 1 Months |
0 |
No |
|
Principal Deeds
Information
|
Property Interests for
LOIS O BRIEN |
|||
|
Title Deed No. |
ST25331/2003 |
Erf/Site No. |
73808 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
2 STUDENTS PLUMSTEAD CAPE TOWN |
|
Property Type |
U |
Extent / Size |
|
|
Purchase Date |
2003/10/26 |
Purchase price |
R 435000.00 |
|
% Ownership |
0.00 |
Bond Holder |
A B S A BANK LTD |
|
Bond Number |
SB147392003 |
Bond Amount |
R 435000.00 |
|
Property Interests for
LOIS O BRIEN |
|||
|
Title Deed No. |
ST25331/2003 |
Erf/Site No. |
73808 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
2 STUDENTS PLUMSTEAD CAPE TOWN |
|
Property Type |
U |
Extent / Size |
|
|
Purchase Date |
2003/10/26 |
Purchase price |
R 435000.00 |
|
% Ownership |
0.00 |
Bond Holder |
A B S A BANK LTD |
|
Bond Number |
SB147392003 |
Bond Amount |
R 435000.00 |
|
Property Interests for
LOIS O BRIEN |
|||
|
Title Deed No. |
ST8165/2006 |
Erf/Site No. |
9282,0 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
70 QUEEN VICTORIA CAPE TOWN CITY CENTRE CAPE TOWN |
|
Property Type |
U |
Extent / Size |
|
|
Purchase Date |
2006/01/22 |
Purchase price |
R 485000.00 |
|
% Ownership |
0.00 |
Bond Holder |
A B S A BANK LTD |
|
Bond Number |
SB54002006 |
Bond Amount |
R 550000.00 |
|
Property Interests for
LOIS O BRIEN |
|||
|
Title Deed No. |
T42889/2004 |
Erf/Site No. |
91108 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
6 COACH WYNBERG CAPE TOWN |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2004/02/16 |
Purchase price |
R 2000000.00 |
|
% Ownership |
0.00 |
Bond Holder |
A B S A BANK LTD |
|
Bond Number |
B341122004 |
Bond Amount |
R 800000.00 |
|
Property Interests for
LOIS O BRIEN |
|||
|
Title Deed No. |
ST15939/2012 |
Erf/Site No. |
45726,0 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
|
|
Property Type |
U |
Extent / Size |
|
|
Purchase Date |
2012/01/17 |
Purchase price |
R 965990.00 |
|
% Ownership |
0.00 |
Bond Holder |
A B S A BANK LTD |
|
Bond Number |
SB67972012 |
Bond Amount |
R 869500.00 |
Principal - 3 of 3
BRIAN WOOTTON
|
Surname |
WOOTTON |
|
First Name |
BRIAN |
|
Other Names |
None |
|
ID Number |
6505075185084 |
|
Verified ID Number |
Yes |
|
Current Age |
49 Years 1 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
1999/01/04 |
|
Physical Address (at time of Appointment) |
54 VICTORIA AVENUE, BAKOVEN, CAPE TOWN, 8001 |
|
Postal Address |
P O BOX 1144, CAPE TOWN,8000 |
|
Current Tel Number |
0214603400 |
|
Cell number |
0824400807 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for BRIAN WOOTTON
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
AVUSA RETAIL LTD |
M1903/002033/06 |
In Business |
111 Years 3 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 29 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|||||
|
ABSOLUTE MOBILE (PTY)LTD |
M2005/027272/07 |
Deregistration Final |
9 Years 9 Months |
1 |
No |
|
|||||
|
AIRPORT BOOKSHOP (PTY)LTD |
M1999/020943/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
|||||
|
AVUSA RETAIL (PTY)LTD |
M1903/002033/07 |
In Business |
111 Years 3 Months |
0 |
No |
|
|||||
|
BOOKMARK AT UP (PTY)LTD |
M1975/001501/07 |
In Business |
39 Years 3 Months |
0 |
No |
|
|||||
|
BOOKSITE AFRIKA (PTY)LTD |
M1946/020871/07 |
Deregistration Final |
68 Years 8 Months |
1 |
No |
|
|||||
|
MAP STUDIO (PTY)LTD |
M1988/003909/07 |
Deregistration Final |
26 Years 2 Months |
0 |
No |
|
|||||
|
MEDIAGUIDE (SA) (PTY)LTD |
M2004/029327/07 |
Deregistration Final |
10 Years 10 Months |
0 |
No |
|
|||||
|
MEGA DIGITAL (PTY)LTD |
M2006/035896/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|||||
|
MICROZONE IMPORTING CC |
B2000/037036/23 |
Deregistration Final |
14 Years 2 Months |
0 |
No |
|
|||||
|
NEW HOLLAND PUBLISHING (PTY)LTD |
M1965/009684/07 |
In Business |
49 Years 1 Months |
0 |
No |
|
|||||
|
NEW HOLLAND PUBLISHING (SOUTH AFRICA) (PTY)LTD |
M1971/009721/07 |
In Business |
43 Years 7 Months |
0 |
No |
|
|||||
|
RANDOM HOUSE STRUIK (PTY)LTD |
M1966/003153/07 |
In Business |
|
0 |
No |
|
|||||
|
SOUTHERN BOOK PUBLISHERS (PTY)LTD |
M1971/002104/07 |
Deregistration Final |
43 Years 7 Months |
0 |
No |
|
|||||
|
STRUIK CHRISTIAN BOOKS LTD |
M1921/002203/06 |
Deregistration Final |
93 Years 9 Months |
0 |
No |
|
|||||
|
STRUIK PUBLISHERS (PTY)LTD |
M1954/000965/07 |
Deregistration Final |
|
0 |
No |
|
|||||
|
TIMES MEDIA BOOKS LEGACY (PTY)LTD |
M1961/001147/07 |
In Business |
53 Years 5 Months |
0 |
No |
|
|||||
|
TOMSTRAAT BELEGGINGS (PTY)LTD |
M1966/007167/07 |
In Business |
|
0 |
No |
|
|||||
|
TOMTOM SOUTH AFRICA (PTY)LTD |
M1963/006481/07 |
In Business |
51 Years 3 Months |
0 |
No |
|
|||||
Principal Deeds
Information
Property Interests
for BRIAN WOOTTON
|
Title Deed No. |
T8927/2005 |
Erf/Site No. |
1755 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
113 HIGH LEVEL GREEN POINT CAPE TOWN |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2004/11/05 |
Purchase price |
R1040000.00 |
|
% Ownership |
0.00 |
Bond Holder |
FIRSTRAND BANK LTD |
|
Bond Number |
B98652005 |
Bond Amount |
R 936000.00 |
|
Property Interests for
BRIAN WOOTTON |
|||
|
Title Deed No. |
ST17117/2006 |
Erf/Site No. |
1717 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
179 BEACH MOUILLE POINT CAPE TOWN |
|
Property Type |
U |
Extent / Size |
|
|
Purchase Date |
2006/04/25 |
Purchase price |
R 700000.00 |
|
% Ownership |
0.00 |
Bond Holder |
FIRSTRAND BANK LTD |
|
Bond Number |
SB116972006 |
Bond Amount |
R 630000.00 |
|
Property Interests for
BRIAN WOOTTON |
|||
|
Title Deed No. |
T71321/2001 |
Erf/Site No. |
7551 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
15 SCHILPADVLEI DEURDRIF CONSTANTIA |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2001/07/04 |
Purchase price |
R 725000.00 |
|
% Ownership |
0.00 |
Bond Holder |
FIRSTRAND BANK LTD |
|
Bond Number |
B493082001 |
Bond Amount |
R 725000.00 |
Property Interests for BRIAN WOOTTON
|
Title Deed No. |
ST14981/2010 |
Erf/Site No. |
1717 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
179 BEACH MOUILLE POINT CAPE TOWN |
|
Property Type |
U |
Extent / Size |
|
|
Purchase Date |
2010/08/02 |
Purchase price |
R1060000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.48 |
|
UK Pound |
1 |
Rs.100.93 |
|
Euro |
1 |
Rs.80.71 |
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.