MIRA INFORM REPORT

 

 

Report Date :

20.06.2014

 

IDENTIFICATION DETAILS

 

Name :

JONATHAN BALL PUBLISHERS (PTY) LTD

 

 

Registered Office :

10-14 Watkins Street, Denver, Extention 4, Johannesburg, 2094

 

 

Country :

South Africa

 

 

Date of Incorporation :

04.04.1984

 

 

Com. Reg. No.:

M1984/003543/07

 

 

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

JONATHAN BALL PUBLISHERS (PTY)LTD

Country

South Africa

Subject Contact Person

ROBIN COOPER - CFO

Assessment

This is an established company. On investigation contact was made with ROBIN COOPER theChief financial officer of the company who declined to assist with the information based on the subject not doing any business in India and have not made any contact with any supplier in India .Please see the available information on the subject below.

 

 

Company Information

 

Registered Name

JONATHAN BALL PUBLISHERS (PTY)LTD

Trading as/ Division Name

Unavailable

Previous Name

Unavailable

Date of Name Change

Apr 4 1984 12:00AM

Registration Number

M1984/003543/07

Registration Date

1984/04/04

Date Commenced Trading

1976/01/01

Age of Business

30 Years 2 Months

History of Business

The company was established un the year 1976 , the company is in operation for the past 30 Years 2 Months.

History of Principals

There are 3 active 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 company's main operation is to publish and distribute English general books.

Industry/ Customers

The general public , book stores , library's

Export

 

Export Countries

 

Import

 

Import Countries

 

Major Industry Code / SICC

32410

Definition of Code

Publishing of books, brochures, musical books and other publications

Head Office Physical Address

10-14 Watkins Street,Denver,Extention 4,Johannesburg,2094

Head Office Postal Address

P.O. Box 33977Jeppestown2043

Current Tel Number

0116018012

Cell Number

 

Current Fax Number

0116223553

Current Email Address

services@jonathanball.co.za

Web Site Address

www.jonathanball.co.za

Comments

 

 

 

Auditors Information

 

Company Registered Name

PRICEWATERHOUSECOPERS INC

Trading Name

PWC INC

Registration Number

M1998/012055/21

Physical Address

2 Eglin Road,Sunninghill,2196,South Africa

Postal Address

PRIVATE BAG X36, SUNNINGHILL, 2157

Contact Person

Wayne

Contact Number

0117974000

Email

Unavailable

Principals

288

Judgements Against Subject

None

Judgements Against Principals

Unavailable

Subject Verified as Client

Yes

Practice Number

905151E

VAT Number

4950174682

Tax Number

9343032844

BEE Status

Unavailable

Financial Year End

June

No of years in Business

16 Years 5 Months

Website

www.pwc.co.za

Comment

 

 

Previous Auditors Information - No Information on Record

 

 

Tax Information

 

Vat Number

4170106290

Status

ACTIVE

Vat Liable Date

1991/09/30

Tax Number

9655643717

Tax Clearance Expire Date

 

Financial Year End

March

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

LURICA JINEANNE KLINK

 

 

1

Director

JACOBS JOHANNES PIETERSE

 

 

1

Director

JONATHAN AUGUSTUS BALL

 

 

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

 

 

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 - No information on record

 

 

Principals

 

Number of Principals

3

Average Age of Active Principals

48

Active Principals

Principal - 1 of 3

LURICA KLIN

Surname

KLIN

First Name

LURICA

Other Names

JINEANNE

Marital Status

 

ID Number

8004280043088

Verified ID Number

Yes

Current Age

Unknown

Designation

DIRECTOR

Status

Active

Appointment Date

2011/08/05

Physical Address (at time of Appointment)

2ND FLOOR, 251 OAK AVENUE, RANDBURG, Gauteng, 2125

Postal Address

P O BOX 1502, RANDBURG, Gauteng, 2125

Current Tel Number

0112894888

Cell number

0722403573

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for LURICA KLIN

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

8 INK MEDIA (PTY)LTD

M2003/005547/07

In Business

11 Years 11 Months

0

No

 

AILENROC BEMARKING EN OPLEIDING (PTY)LTD

M2003/017048/07

In Business

11 Years 11 Months

0

No

 

ALCHEMY

PUBLISHING

(PTY)LTD

M1997/007744/07

In Business

17 Years 5 Months

0

No

 

CAPE

COMMODITIES

TRADERS AND

INVESTORS 9

(PTY)LTD

M1998/022312/07

In Business

16 Years 4 Months

0

No

 

EMN MEDIA

SERVICES

(PTY)LTD

M1997/011162/07

In Business

17 Years 5 Months

0

No

 

HEALTH 24 (PTY)LTD

M2000/012930/07

In Business

14 Years 2 Months

0

No

 

HUNTLEY

HOLDINGS

(PTY)LTD

M1997/004269/07

In Business

17 Years 5 Months

0

No

 

INTERNET EXPRESS (PTY)LTD

M1998/006356/07

In Business

16 Years 4 Months

0

No

 

MEDIA24

PROPERTIES TWO (PTY)LTD

M1999/021595/07

In Business

15 Years 3 Months

0

No

 

MIKATEKO MEDIA (PTY)LTD

M2000/031762/07

In Business

14 Years 2 Months

0

No

 

MULTICHOICE INVESTMENTS (PTY)LTD

M1999/015521/07

In Business

15 Years 3 Months

0

No

 

NAMIBIE NUUS-

DISTRIBUEERDES

(PTY)LTD

M2000/022703/07

In Business

14 Years 2 Months

0

No

 

NATIONAL EDUCATION GROUP (PTY)LTD

M1998/021890/07

In Business

16 Years 4 Months

0

No

 

NEW MEDIA PUBLISHING (PTY)LTD

M1997/016833/07

In Business

17 Years 5 Months

0

No

 

NMS

COMMUNICATIONS (PTY)LTD

M2001/001469/07

In Business

13 Years 1 Months

0

No

 

NMS PROPERTIES (PTY)LTD

M2005/031291/07

In Business

9 Years 9 Months

0

No

 

OFFLINE DIGITAL (PTY)LTD

M2003/003799/07

In Business

11 Years 11 Months

0

No

 

PAARL POST MEDIA (PTY)LTD

M2003/023207/07

In Business

11 Years 11 Months

0

No

 

RUBYBOX (PTY)LTD

M2000/004497/07

In Business

14 Years 2 Months

0

No

 

SUPERSPORT

INTERNATIONAL

(PTY)LTD

M1997/004108/07

In Business

17 Years 5 Months

0

No

 

SUPERSPORT INTERNATIONAL HOLDINGS LTD

M1997/004203/06

In Business

17 Years 5 Months

0

No

 

SUPERSPORT SPORTS HOLDINGS (PTY)LTD

M1997/004109/07

In Business

17 Years 5 Months

0

No

 

THE DAILY SUN (PTY)LTD

M2001/001944/07

In Business

13 Years 1 Months

0

No

 

UPPERCASE MEDIA (PTY)LTD

M2000/009700/07

Deregistration Process

14 Years 2 Months

0

No

 

WESTERN PROVINCE PROFESSIONAL CRICKET (PTY)LTD

M2000/021857/07

In Business

14 Years 2 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                6 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ATLAS PUBLISHERS AND BOOKSELLERS (PTY)LTD

M1966/070881/07

Deregistration Final

 

0

No

 

FANTASTIC INVESTMENTS 354 (PTY)LTD

K2012/005989/07

In Business

2 Years 2 Months

0

No

 

HOMEGROWN MAGAZINES KZN (PTY)LTD

M2004/011932/07

Deregistration Final

10 Years 10 Months

0

No

 

MULTICHOICE SOUTH AFRICA (PTY)LTD

M2007/029660/07

In Business

7 Years 7 Months

0

No

 

MULTICHOICE TECHNICAL OPERATIONS (PTY)LTD

M2006/006198/07

In Business

8 Years 8 Months

0

No

 

STRIKA

ENTERTAINMENT (PTY)LTD

M2000/017852/07

In Business

14 Years 2 Months

0

No

 

SUPA STRIKAS SOUTH AFRICA (PTY)LTD

M2002/019937/07

In Business

 

0

No

 

T W I G SA RESEARCH

SPECIALISTS

(PTY)LTD

M2005/028264/07

Deregistration Final

9 Years 9 Months

0

No

 

THOUGHT24 PUBLISHING (PTY)LTD

M2007/010490/07

Deregistration Final

7 Years 7 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for LURICA KLIN

 

Title Deed No.

ST523/2014

Erf/Site No.

198

Deeds Office

CAPE TOWN

Physical Address

CAPE TOWN

Property Type

U

Extent / Size

38.0SQM

Purchase Date

2013/11/04

Purchase price

R 750000.00

% Ownership

0.00

Bond Holder

NEDBANK LTD

Bond Number

SB2552014

Bond Amount

R 750000.00

Comment

 

 

Principal - 2 of 3

JACOBUS PIETERSE

 

Surname                       PIETERSE

First Name                    JACOBUS

ID Number                    6703235126086

Verified ID Number        Yes

Current Age                   47 Years 3 Months

Designation                  DIRECTOR

Status                           Active

Appointment Date         2010/05/10

Physical Address

(at time of Appointment) 82 MOLTENO ROAD, CAPE TOWN,8001

Postal Address             PO BOX 2271, CAPE TOWN, 8000

Shareholding/Membership 0.00

 

Principal's Adverse - No information on record

 

Business Information for JACOBUS PIETERSE

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ALTIUS TRADING 441 (PTY)LTD

M2011/003904/07

In Business

3 Years 3 Months

0

No

 

BOLAND

NEWSPAPERS

(PTY)LTD

M1965/001754/07

In Business

49 Years 1 Months

0

No

 

CHROME CHERRY DESIGN STUDIO (PTY)LTD

M2004/014182/07

In Business

10 Years 10 Months

0

No

 

DEPSTON 4 (PTY)LTD

M2007/007378/07

AR Final Deregistration

7 Years 7 Months

0

No

 

DEPSTON 9 (PTY)LTD

M2007/007583/07

AR Final Deregistration

7 Years 7 Months

0

No

 

INDIAN OCEAN GOLD (PTY)LTD

M2008/018660/07

In Business

6 Years 6 Months

0

No

 

JONATHAN BALL

PUBLISHERS

(PTY)LTD

M1984/003543/07

In Business

30 Years 6 Months

0

No

 

LEKSIKONS (PTY)LTD

M1981/001468/07

In Business

33 Years 9 Months

0

No

 

MEDIA24 (PTY)LTD

M1950/038385/07

In Business

64 Years 4 Months

0

No

 

MEDIA24

HOLDINGS

(PTY)LTD

M2006/021408/07

In Business

8 Years 8 Months

0

No

 

MEDIA24 LTD

M1950/038385/06

In Business

64 Years 4 Months

0

No

 

MEDIA24 PROPERTIES ONE (PTY)LTD

M1994/002960/07

In Business

20 Years 8 Months

0

No

 

MEDIA24

PROPERTIES TWO (PTY)LTD

M1999/021595/07

In Business

15 Years 3 Months

0

No

 

NAMIBIE NUUS-

DISTRIBUEERDES

(PTY)LTD

M2000/022703/07

In Business

14 Years 2 Months

0

No

 

NASIONALE KOERANTE LTD

M1994/002513/06

Deregistration Process

20 Years 8 Months

0

No

 

NASOU VIA AFRIKA (PTY)LTD

M1996/012379/07

In Business

18 Years 6 Months

0

No

 

OFFLINE DIGITAL (PTY)LTD

M2003/003799/07

In Business

11 Years 11 Months

0

No

 

PAARL MEDIA GROUP (PTY)LTD

M2008/011165/07

In Business

6 Years 6 Months

0

No

 

PAARL MEDIA

HOLDINGS

(PTY)LTD

M1999/026877/07

In Business

15 Years 3 Months

0

No

 

PRESS SUPPORT (PTY)LTD

M1996/010852/07

In Business

18 Years 6 Months

0

No

 

PROPERTY24

PUBLISHING

(PTY)LTD

M2005/004288/07

In Business

9 Years 9 Months

0

No

 

VIA AFRIKA

INTERNATIONAL

(PTY)LTD

M2006/023443/07

In Business

8 Years 8 Months

0

No

 

YBIKE

DISTRIBUTORS (PTY)LTD

M2007/006662/07

In Business

7 Years 7 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

ACKERMANS LTD

M1921/002170/06

In Business

93 Years 9 Months

0

No

 

ACKERMANS MANAGEMENT SERVICES (PTY)LTD

M1984/010534/07

In Business

30 Years 6 Months

0

No

 

ATLAS PUBLISHERS AND BOOKSELLERS (PTY)LTD

M1966/070881/07

Deregistration Final

 

0

No

 

BLANC BLEU PROPERTY INVESTMENTS (PTY)LTD

M2002/012855/07

Deregistration Final

 

0

No

 

BO-KAROO DIAMOND MINING (PTY)LTD

M2001/001871/07

In Business

13 Years 1 Months

0

No

 

CHANNAL MINING (PTY)LTD

M2004/007161/07

Deregistration Process

10 Years 10 Months

1

No

 

COMPMATIX TWELVE (PTY)LTD

M1999/017592/07

Deregistration Final

15 Years 3 Months

0

No

 

DEPSTON 10 (PTY)LTD

M2007/007274/07

Deregistration Final

7 Years 7 Months

0

No

 

DEPSTON 11 (PTY)LTD

M2007/007490/07

Deregistration Final

7 Years 7 Months

0

No

 

DIVINE INSPIRATION TRADING 395 (PTY)LTD

2007/005426/07

Deregistration Final

7 Years 7 Months

0

No

 

DIVINE INSPIRATION TRADING 399 (PTY)LTD

2007/005392/07

Deregistration Final

7 Years 7 Months

0

No

 

GDG MINING (PTY)LTD

M2002/016662/07

Deregistration Final

 

0

No

 

GEMINI MOON TRADING 355 (PTY)LTD

M2007/010486/07

Deregistration Final

7 Years 7 Months

0

No

 

KIMBERLEY

CONSOLIDATED

MINING AND

EXPLORATION

(PTY)LTD

M2001/024051/07

Deregistration Process

13 Years 1 Months

0

No

 

LONG STREET FINANCE (PTY)LTD

M1999/009320/07

Dissolved

15 Years 3 Months

0

No

 

MEDIA24 BOEKE (PTY)LTD

M1953/000037/07

In Business

61 Years 1 Months

0

No

 

NASPERS PROPERTIES (PTY)LTD

M2003/006411/07

In Business

11 Years 11 Months

0

No

 

NATIONAL EDUCATION GROUP (PTY)LTD

M1998/021890/07

In Business

16 Years 4 Months

0

No

 

NB-UITGEWERS (PTY)LTD

M1951/002378/07

In Business

63 Years 3 Months

0

No

 

NETWORK SKILLS

CONSULTING

(PTY)LTD

M1996/003986/07

Deregistration Final

18 Years 6 Months

0

No

 

PEPKOR RETAIL LIMITED LTD

M1986/003435/06

In Business

28 Years 4 Months

0

No

 

THE DAILY SUN (PTY)LTD

M2001/001944/07

In Business

13 Years 1 Months

0

No

 

VAL BOOKS (PTY)LTD

M1938/011749/07

In Business

76 Years 4 Months

0

No

 

VIA AFRIKA LTD

M1949/035471/06

In Business

65 Years 5 Months

0

No

 

ZERVOS (PTY)LTD

M1995/002680/07

Deregistration Final

19 Years 7 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for JACOBUS PIETERSE

Title Deed No.

T11459/2002

Erf/Site No.

31791

Deeds Office

CAPE TOWN

Physical Address

42 BAYSIDE MILNERTON

Property Type

F

Extent / Size

154.00000000

Purchase Date

2001/04/24

Purchase price

R100000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B90732002

Bond Amount

R 748400.00

Comment

 

Property Interests for JACOBUS PIETERSE

Title Deed No.

T11459/2002

Erf/Site No.

31790

Deeds Office

CAPE TOWN

Physical Address

41 BAYSIDE MILNERTON

Property Type

F

Extent / Size

153.00000000

Purchase Date

2001/04/24

Purchase price

R100000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B90732002

Bond Amount

R 748400.00

Comment

 

Property Interests for JACOBUS PIETERSE

Title Deed No.

T26076/2000

Erf/Site No.

3931

Deeds Office

CAPE TOWN

Physical Address

13 FRANCOLIN SOMERSET WEST

Property Type

F

Extent / Size

1067.00000000

Purchase Date

2000/01/09

Purchase price

R 670000.00

% Ownership

0.00

Bond Holder

INVESTEC BANK LTD

Bond Number

B167732000

Bond Amount

R 800000.00

Comment

 

Property Interests for JACOBUS PIETERSE

Title Deed No.

T70499/2001

Erf/Site No.

13072

Deeds Office

CAPE TOWN

Physical Address

14 LUNAIR DURBANVILLE

Property Type

F

Extent / Size

307.00000000

Purchase Date

2001/05/04

Purchase price

R150000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B485002001

Bond Amount

R1160000.00

Comment

 

Property Interests for JACOBUS PIETERSE

Title Deed No.

T70499/2001

Erf/Site No.

13075

Deeds Office

CAPE TOWN

Physical Address

17 LUNAIR DURBANVILLE

Property Type

F

Extent / Size

319.00000000

Purchase Date

2001/05/04

Purchase price

R150000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B485002001

Bond Amount

R1160000.00

Comment

 

Property Interests for JACOBUS PIETERSE

Title Deed No.

T70499/2001

Erf/Site No.

13061

Deeds Office

CAPE TOWN

Physical Address

3 LUNAIR DURBANVILLE

Property Type

F

Extent / Size

366.00000000

Purchase Date

2001/05/04

Purchase price

R150000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B485002001

Bond Amount

R1160000.00

Comment

 

Property Interests for JACOBUS PIETERSE

Title Deed No.

T86213/2005

Erf/Site No.

2519

Deeds Office

CAPE TOWN

Physical Address

31 ST GEORGE SOMERSET WEST

Property Type

F

Extent / Size

1953.00000000

Purchase Date

2005/06/08

Purchase price

R 2700000.00

% Ownership

0.00

Bond Holder

INVESTEC BANK LTD

Bond Number

B1150542005

Bond Amount

R 2700000.00

Comment

 

 

Property Interests for JACOBUS PIETERSE

 

Title Deed No.

T31905/2004

Erf/Site No.

3870

Deeds Office

CAPE TOWN

Physical Address

245 3RD HERMANUS

Property Type

F

Extent / Size

495.00000000

Purchase Date

2004/01/21

Purchase price

R 985000.00

% Ownership

0.00

Bond Holder

INVESTEC BANK LTD

Bond Number

B249542004

Bond Amount

R1100000.00

Comment

 

 

Principal - 3 of 3

JONATHAN BALL

 

Surname

BALL

First Name

JONATHAN

Other Names

AUGUSTUS

Marital Status

 

ID Number

5105225158007

Verified ID Number

Yes

Current Age

63 Years 1 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2001/02/22

Physical Address (at time of Appointment)

4 LEUWENHOFF STREET, UPPER GARDENS, CAPE TOWN,8001

Postal Address

P O BOX 22977, JEPPESTOWN, 2043

Current Tel Number

0217075706

Cell number

0824134110

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for JONATHAN BALL

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

JONATHAN BALL

PUBLISHERS

(PTY)LTD

M1984/003543/07

In Business

30 Years 6 Months

0

No

 

LEKSIKONS (PTY)LTD

M1981/001468/07

In Business

33 Years 9 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

AFRICAN FASHION

INTERNATIONAL

(PTY)LTD

M2004/007988/07

In Business

10 Years 10 Months

0

No

 

DRAMATIC ARTISTIC

AND LITERARY

RIGHTS

ORGANISATION

(PTY)LTD

M1967/005018/07

In Business

47 Years 11 Months

0

No

 

HARPERCOLLINS PUBLISHERS (SA) (PTY)LTD

M1970/001554/07

Deregistration Final

44 Years 8 Months

0

No

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.60.00

UK Pound

1

Rs.102.05

Euro

1

Rs.81.71

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

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.