MIRA INFORM REPORT

 

 

Report Date :

16.06.2014

 

IDENTIFICATION DETAILS

 

Name :

BRIZA PUBLIKASIES CC

 

 

Registered Office :

102 Soutpansberg Road, Riviera, 0084

 

 

Country :

South Africa

 

 

Date of Incorporation :

03.04.1990

 

 

Com. Reg. No.:

B1990/011690/23

 

 

Legal Form :

Private Company

 

 

Line of Business :

Publishing of books, brochures, musical books and other publications

 

 

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

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately 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

BRIZA PUBLIKASIES CC

Country

South Africa

Subject Contact Person

JOHAN STEENKAMP - Production Manager

Assessment

This is a well-established business. On investigation contact was made with JOHAN STEENKAMP the production manager, who declined to assist with the required information. He requested the name of the principal enquirer before he may reveal any further information. Please see the available information on the subject below.

 

 

Company Information

 

Registered Name

BRIZA PUBLIKASIES CC

Trading as/ Division Name

None

Previous Name

None

Date of Name Change

None

Registration Number

B1990/011690/23

Registration Date

1990/04/03

Date Commenced Trading

1990-04-03

Age of Business

24 Years 2 Months

History of Business

The subject commenced trading as a new business in 1990.

History of Principals

There are 4 active members within the business.

Shareholders/Members/Partners of subject and % holding

Unavailable

Status

In Business

Operations Assessment

The subject operates as a publisher and supplier of books centered around South African nature, fauna and animal species.

Industry/ Customers

Unisa and various publishing companies

Export

Unknown

Import

Unknown

Major Industry Code / SICC

32410

Definition of Code

Publishing of books, brochures, musical books and other publications

Head Office Physical Address

102 SOUTPANSBERG ROAD, RIVIERA, 0084

Head Office Postal Address

PO BOX 11050, QUEENSWOOD, 0121

Current Tel Number

0123293896

Cell Number

Unavailable

Current Fax Number

0123294525

Current Email Address

books@briza.co.za

Web Site Address

www.briza.co.za

 

Auditors Information - No Information on Record

 

Previous Auditors Information - No Information on Record

 

Tax Information

 

Vat Number

4870104926

Status

ACTIVE

Vat Liable Date

1991/09/30

Tax Number

9120094645

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

 

 

Company Structure

 

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

 

 

Management Overview

 

Organisation Chart

 

Level

Position

Name

Comment

 

1

Director

BEN-ERIK VAN WYK

 

 

1

Director

JOHANNES CHRISTOFEL REITS

 

 

1

Director

HENDRIK SMAL

 

 

1

Director

EGIDUIS BENEDICTUS VAN WYK

 

 

Company Structure (Ownership)

 

Note: One level up and all levels down

 

Holding

Company

Sub

Comment

9 % - JOHANNES CHRISTOFEL REITS

BRIZA PUBLIKASIES CC

None

 

17 % - BEN-ERIK VAN WYK

BRIZA PUBLIKASIES CC

None

 

34 % - HENDRIK SMAL

BRIZA PUBLIKASIES CC

None

 

40 % - EGIDUIS BENEDICTUS VAN WYK

BRIZA PUBLIKASIES CC

None

 

 

Key Deals - No Information on Record

 

Trade References Information - No Information on Record

 

 

Adverse Information on Subject

 

Judgements - No information on record

 

BusinessRescue - 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

 

Property Interests for Company BRIZA PUBLIKASIES CC

 

Title Deed No.

T36509/2006

Erf/Site No.

232

Deeds Office

PRETORIA

Physical Address

121 SOUTPANSBERG 2212-1240-000 RIVIERA

Property Type

Farms

Extent / Size

993.00000000

Purchase Date

2006/01/24

Purchase price

R 800000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B463782006

Bond Amount

R 800000.00

Comment

 

 

Title Deed No.

T60576/1993

Erf/Site No.

117

Deeds Office

PRETORIA

Physical Address

102 SOUTPANSBERG 2212-1240-000 RIVIERA

Property Type

Farms

Extent / Size

 

Purchase Date

1993/06/23

Purchase price

R168000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B57371997

Bond Amount

R 50000.00

Comment

 

 

 

Principals

 

Number of Principals

4

Average Age of Active Principals

54

Active Principals

Principal - 1 of 4

JOHANNES REITZ

Surname

REITZ

First Name

JOHANNES

Other Names

CHRISTOFEL

Marital Status

 

ID Number

5909185126080

Verified ID Number

Yes

Current Age

54 Years 9 Months

Designation

Directors

Status

Active

Appointment Date

2006/03/27

Physical Address (at time of Appointment)

314 PIET HUGOSTRAAT, WIERDAPARK, 0157

Postal Address

314 PIET HUGOSTRAAT, WIERDAPARK, 0157

Current Tel Number

0113293896

Cell number

0823222392

Shareholding/Membership

9 %

 

Principal’s Adverse - No Information on Record

 

Business Information for JOHANNES REITZ

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BRIZA PUBLIKASIES CC

B1990/011690/23

In Business

0

0

No

 

Principal Previous Business Interests

 

Average Age of Previous Business                    14 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AMABHUKU HOLDINGS (PTY)LTD

M2000/023016/07

Deregistration Final

14 Years 2 Months

0

No

 

AMABHUKU

PUBLICATIONS

(PTY)LTD

M1999/011900/07

Voluntary Liquidation

15 Years 3 Months

0

Yes

 

HENTIQ 2034 (PTY)LTD

M1999/025405/07

Dissolved

15 Years 3 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for JOHANNES REITZ

 

Title Deed No.

T67882/1995

Erf/Site No.

1202

Deeds Office

PRETORIA

Physical Address

114 MALHERBE PRETORIA

Property Type

F

Extent / Size

2584400.00000000

Purchase Date

1995/05/31

Purchase price

R190000.00

% Ownership

0.00

Bond Holder

 

Bond Number

B390451999

Bond Amount

R190000.00

Comment

 

 

Property Interests for JOHANNES REITZ

 

Title Deed No.

T84559/1999

Erf/Site No.

1202

Deeds Office

PRETORIA

Physical Address

114 MALHERBE PRETORIA

Property Type

F

Extent / Size

1190.00000000

Purchase Date

1999/05/27

Purchase price

R 25000.00

% Ownership

0.00

Bond Holder

NEDCOR BANK LTD

Bond Number

B390451999

Bond Amount

R190000.00

Comment

 

 

Property Interests for JOHANNES REITZ

 

Title Deed No.

T84559/1999

Erf/Site No.

1202

Deeds Office

PRETORIA

Physical Address

114 MALHERBE PRETORIA

Property Type

F

Extent / Size

1190.00000000

Purchase Date

1999/05/27

Purchase price

R 25000.00

% Ownership

0.00

Bond Holder

NEDCOR BANK LTD

Bond Number

B390451999

Bond Amount

R190000.00

Comment

 

 


Principal - 2 of 4

 

BEN-ERIK VAN WYK

 

Surname

VAN WYK

First Name

BEN-ERIK

Other Names

None

Marital Status

 

ID Number

5612275111083

Verified ID Number

Yes

Current Age

57 Years 6 Months

Designation

Director

Status

Active

Appointment Date

2001/09/10

Physical Address (at time of Appointment)

9 CHISELHURST RYLAAN, AUCKLAND PARK, JOHANNESBURG, 2092

Postal Address

9 CHISELHURST DRIVE, AUCKLAND PARK, JOHANNESBURG, 2092

Current Tel Number

0114892412

Cell number

0824540875

Shareholding/Membership

17 %

 

Principal’s Adverse - No Information on Record

 

Business Information for BEN-ERIK VAN WYK

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BRIZA PUBLIKASIES CC

B1990/011690/23

In Business

0

0

No

 

THE ALOE COUNCIL OF SOUTH AFRICA

M2003/011263/08

In Business

11 Years 11 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                15 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ALLIANCE NATURAL MEDICINES (PTY)LTD

M2000/013129/07

In Business

14 Years 2 Months

0

No

 

PEPPER BARK HEALTH PRODUCTS CC

B1998/001614/23

Deregistration Final

16 Years 4 Months

0

No

 

Principal Deeds Information

 

Property Interests for BEN-ERIK VAN WYK

 

Title Deed No.

T42717/2004

Erf/Site No.

119

Deeds Office

JOHANNESBURG

Physical Address

46 RIPLEY ROSSMORE

Property Type

F

Extent / Size

 

Purchase Date

2004/04/27

Purchase price

R 550000.00

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA LTD

Bond Number

B419752004

Bond Amount

R 500000.00

Comment

 

 

Property Interests for BEN-ERIK VAN WYK

Title Deed No.

T13400/2009

Erf/Site No.

119

Deeds Office

JOHANNESBURG

Physical Address

46 RIPLEY ROSSMORE JOHANNESBURG

Property Type

E

Extent / Size

 

Purchase Date

2008/03/28

Purchase price

R 425000.00

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA L

Bond Number

B158102007

Bond Amount

R 350000.00

Comment

 

 

Principal - 3 of 4

 

HENDRIK SMAL

 

Surname

SMAL

First Name

HENDRIK

Other Names

None

Marital Status

 

ID Number

6004205092006

Verified ID Number

Yes

Current Age

54 Years 2 Months

Designation

Director

Status

Active

Appointment Date

1990/10/05

Physical Address (at time of Appointment)

347 BERG AVENUE, PRETORIA NOORD, 0182

Postal Address

POSBUS 17329, PRETORIA NOORD, 0116

Current Tel Number

0125611955

Cell number

0721557057

Shareholding/Membership

34 %

 

Principal’s Adverse - No Information on Record

 

Business Information for HENDRIK SMAL

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ANTWORKS LAYOUT AND DESIGN HELP COMPANY

M1998/014951/08

Deregistration Process

16 Years 4 Months

0

No

 

BRIZA PUBLIKASIES CC

B1990/011690/23

In Business

0

0

No

 

RURAL INTEGRATED ENGINEERING (PTY)LTD

M2001/027770/07

Deregistration Process

13 Years 1 Months

0

No

 

THE TEENAGE WORKSHOP

M1998/020532/08

Deregistration Process

16 Years 4 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                20 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

LOGIMED CC

B1993/017169/23

Deregistration Final

21 Years 9 Months

0

No

 

ROOS ETAL KWEKERY CC

B1995/017856/23

Deregistration Final

19 Years 7 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for HENDRIK SMAL

 

Title Deed No.

T44095/1991

Erf/Site No.

3828

Deeds Office

CAPE TOWN

Physical Address

15 WARREN PAROW

Property Type

F

Extent / Size

699.00000000

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

 

Principal - 4 of 4

 

EGIDUIS VAN WYK

 

Surname

VAN WYK

First Name

EGIDUIS

Other Names

BENEDICTUS

Marital Status

 

ID Number

6301115075083

Verified ID Number

Yes

Current Age

51 Years 5 Months

Designation

Director

Status

Active

Appointment Date

1990/04/03

Physical Address (at time of Appointment)

PLATVLEI, SANNIESHOF, LA MONTAGNE, 2760

Postal Address

P O BOX 134, SANNIESHOF, 2760

Current Tel Number

0186833213

Cell number

0833055267

Shareholding/Membership

40 %

 

Principal’s Adverse - No Information on Record

 

Business Information for EGIDUIS VAN WYK

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ANTWORKS LAYOUT AND DESIGN HELP COMPANY

M1998/014951/08

Deregistration Process

16 Years 4 Months

0

No

 

BRIZA PUBLIKASIES CC

B1990/011690/23

In Business

0

0

No

 

EB VAN WYK

6301115075000

 

Unknown

0

No

 

 

Principal Deeds Information

 

Property Interests for EGIDUIS VAN WYK

 

Title Deed No.

T40809/2008

Erf/Site No.

144

Deeds Office

PRETORIA

Physical Address

TSWAING RURAL

Property Type

F

Extent / Size

 

Purchase Date

2008/03/26

Purchase price

R 400000.00

% Ownership

0.00

Bond Holder

ENGELBRECHT ELIZABETH FREDERIKA

Bond Number

VA130112006

Bond Amount

R 0.00

Comment

 

 


 

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 :

NNA

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.