|
Report Date : |
20.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
PEP STORES (PTY) LTD |
|
|
|
|
Registered Office : |
Randor
Street, Parow Industria, Cape Town, 7490, PO Box 6376, Parrow East, 7501 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
18.01.1967 |
|
|
|
|
Com. Reg. No.: |
M1967/000501/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Retail
trade in textiles, clothing, footwear and leather goods |
|
|
|
|
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 |
PEP
STORES (PTY)LTD |
|
Country |
South
Africa |
|
Subject
Contact Person |
KAREN
JOUBERT - Financial Manager |
|
Assessment |
This
is a well-established and well -connected business. On investigation contact
was made with the Financial Manager MRS. KAREN JOUBERT who declined to assist
with any information on the subject. MRS. JOUBERT requested to know the name
of the principal enquirer. MRS. JOUBERT stated that she will not divulge any
information on the subject until the principal enquirer is know. Please see
the available information on the subject below. |
|
Registered
Name |
PEP
STORES (PTY)LTD |
|
Trading
as/ Division Name |
PEP
CLOTHING |
|
Previous
Name |
None |
|
Date
of Name Change |
None |
|
Registration
Number |
M1967/000501/07 |
|
Registration
Date |
1967/01/18 |
|
Date
Commenced Trading |
1967-01-18 |
|
Age
of Business |
45
Years 9 Months |
|
History
of Business |
The
subject was established as a new business in 1967. |
|
History
of Principals |
There
are 4 active directors within the company. |
|
Shareholders/Members/Partners
of subject and % holding |
100
% - PEPCOR HOLDINGS LIMITED 2003/020009/06 |
|
Authorised
Share Capital |
R
0.00 |
|
Issued
Share Capital/Members Contribution |
R
0.00 |
|
Status |
In
Business |
|
Operations
Assessment |
Retail
of Clothing |
|
Industry/
Customers |
The
Public sector |
|
Export |
Declined |
|
Export
Countries |
|
|
Import |
Declined |
|
Import
Countries |
|
|
Major
Industry Code / SICC |
6232 |
|
Definition
of Code |
Retail
trade in textiles, clothing, footwear and leather goods |
|
Head
Office Physical Address |
Randor
Street, PAROW INDUSTRIA, CAPE TOWN, 7490 |
|
Head
Office Postal Address |
PO
Box 6376, PARROW EAST, 7501 |
|
Current
Tel Number |
0219336729 |
|
Cell
Number |
Unavailable |
|
Current
Fax Number |
0219336729 |
|
Current
Email Address |
|
|
Web
Site Address |
|
|
Comments |
|
|
Company
Registered Name |
PRICE
WATERHOUSE COOPERS INCORPORATED |
|
Trading
Name |
PWC |
|
Registration
Number |
1998/012055/21 |
|
Physical
Address |
1
Waterhouse Place, Century City, Cape Town, 7441, South Africa |
|
Postal
Address |
PO
Box 2799, Cape Town, 8000, South Africa |
|
Contact
Person |
VERA
BOETES |
|
Contact
Number |
0215292000 |
|
Email |
|
|
Principals |
248 |
|
Judgements
Against Subject |
None
On Record |
|
Judgements
Against Principals |
None
On Record |
|
Subject
Verified as Client |
Yes |
|
Practice
Number |
901091E |
|
VAT
Number |
4950174682 |
|
Tax
Number |
9343032844 |
|
BEE
Status |
|
|
Financial
Year End |
June |
|
No
of years in Business |
14 |
|
Website |
|
|
Comment |
|
Previous
Auditors Information - No Information on Record
Tax
Information - No Information on Record
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
Ohart - No Information on Record
Company Structure (Ownership)
Note: One level up and all levels down
|
Holding |
Company |
Sub |
Comment |
|
100 % - PEPCOR
HOLDINGS LIMITED |
PEP
STORES (PTY) LTD |
PEP
CLOTHING |
|
Key
Deals - No Information on Record
Trade
References Information - No Information on Record
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
|
Number
of Principals |
4 |
|
Average
Age of Active Principals |
53 |
|
Active Principals Principal - 1 of 4 JOHANN KRUGER |
|
|
Surname |
KRUGER |
|
First
Name |
JOHANN |
|
Other
Names |
BERNARD |
|
Marital
Status |
Married |
|
ID
Number |
6204065033088 |
|
Verified
ID Number |
Yes |
|
Current
Age |
50 |
|
Designation |
BUSINESSMAN |
|
Status |
Active |
|
Appointment
Date |
2002/02/15 |
|
Physical
Address (at time of Appointment) |
7
HERMINA AVENUE, CONSTANTIA, 7806 |
|
Postal
Address |
P
O BOX 44458, CLAREMONT, 7700 |
|
Current
Tel Number |
0219372301 |
|
Cell
number |
|
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No information on record
Business
Information for JOHANN KRUGER
Principal's
Current Business Interests - No information on record
Principal's
Previous Business Interests - No information on record
Principal's
Deeds Information - No information on record
Principal - 2 of 4
GEORGE STEYN
|
Surname |
STEYN |
|
First
Name |
GEORGE |
|
Other
Names |
None |
|
Marital
Status |
Married |
|
ID
Number |
5904085013082 |
|
Verified
ID Number |
Yes |
|
Current
Age |
53 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1998/07/31 |
|
Physical
Address (at time of Appointment) |
51
VAN DER STAAL STREET, STELLENBOSCH, 7600 |
|
Postal
Address |
51
VAN DER STAAL STREET, 7600 |
|
Current
Tel Number |
0219373519 |
|
Cell
number |
0828070882 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No information on record
Business
Information for JOHANN KRUGER
Principal's
Current Business Interests - No information on record
Principal's
Previous Business Interests - No information on record
Principal's
Deeds Information - No information on record
Principal - 3 of 4
JOHANN CILLIERS
|
Surname |
CILLIERS |
|
First
Name |
JOHANN |
|
Other
Names |
None |
|
Marital
Status |
Married |
|
ID
Number |
5909155218008 |
|
Verified
ID Number |
Yes |
|
Current
Age |
53 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1998/01/02 |
|
Physical
Address (at time of Appointment) |
TUGERLASTRAAT
3, VYGEBOOM, DURBANVILLE, 7550 |
|
Postal
Address |
P
O BOX 2806, DURBANVILLE, 7551 |
|
Current
Tel Number |
0126430011 |
|
Cell
number |
0828027181 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No information on record
Business
Information for JOHANN KRUGER
Principal's
Current Business Interests - No information on record
Principal's
Previous Business Interests - No information on record
Principal's
Deeds Information - No information on record
Principal - 4 of 4
ANDRE LABUSCHAGNE
|
Surname |
LABUSCHAGNE |
|
First
Name |
ANDRE |
|
Other
Names |
CASPER |
|
Marital
Status |
Married |
|
ID
Number |
5511235068005 |
|
Verified
ID Number |
Yes |
|
Current
Age |
57 |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1998/01/02 |
|
Physical
Address (at time of Appointment) |
3
LORELEI STREET, EVESDAL, DURBANVILLE, 7550 |
|
Postal
Address |
P
O BOX 2545, CAPE TOWN, CAPE TOWN, 8000 |
|
Current
Tel Number |
0214250215 |
|
Cell
number |
0825510110 |
|
Shareholding/Membership |
0.0000 |
Principal's Adverse - No information on
record
Business
Information for JOHANN KRUGER
Principal's
Current Business Interests - No information on record
Principal's
Previous Business Interests - No information on record
Principal's
Deeds Information - No information on record
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.00 |
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.