MIRA INFORM REPORT

 

 

Report Date :

23.06.2014

 

IDENTIFICATION DETAILS

 

Name :

BRECO (PTY)LTD

 

 

Registered Office :

Montague Gardens, 4 Printers Way, Western Capemilerton, Cape Town, 7442

 

 

Country :

South Africa

 

 

Date of Incorporation :

10.03.1995

 

 

Com. Reg. No.:

M1995/002205/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Engaged in Importers and exporters of Sea Food including Salmon, Herring, Mussels, Shrimps and Prawns all of these in varying forms, grades and pack sizes.

 

Subject product ranges includes :

·         Portuguese Sardines - Whole Round (IQF)   

·         Black Tiger Prawns 

·         Prawn Meat: Peeled and Deveined  

·         Crab Flavoured Sticks

·         Squid Rings (IQF)   

·         Seafood Mix          

·         All Purpose Shrimps (IQF)  

·         Mussel Meat (IQF)

·         Vannamei Prawns 10x700g 

·         Vannamei Prawns 10x800g 

·         Crumbed Butterfly Prawns (IQF)      

·         Crumbed Torpedo Prawns (IQF)

 

 

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

BRECO (PTY)LTD

Country

South Africa

Subject Contact Person

LEEANN FOURIE - ACCOUNTANT

Assessment

This is a well-established business.

 

On investigation contact was made with LEEANN FOURIE the accountant, who requested a questionnaire for the Financial Director who is currently on leave.

 

We still await a reply. Please see the available information on the subject below.

 

 

Company Information

 

Registered Name

BRECO (PTY)LTD

Trading as/ Division Name

None

Previous Name

None

Registration Number

M1995/002205/07

Registration Date

1995/03/10

Date Commenced Trading

1995-03-10

Age of Business

19 Years 3 Months

History of Business

The subject commenced trading as a new business in 1995

History of Principals

There are 4 active principals within the subject

Shareholders/Members/Partners of subject and % holding

Unavailable

Status

In Business

Operations Assessment

Engaged in Importers and exporters of Sea Food including Salmon, Herring, Mussels, Shrimps and Prawns all of these in varying forms, grades and pack sizes.

Industry/ Customers

wholesalers

Major Industry Code / SICC

61221

Definition of Code

Wholesale trade in foodstuffs

Product details

·         Portuguese Sardines - Whole Round (IQF)

·         Black Tiger Prawns 

·         Prawn Meat: Peeled and Deveined  

·         Crab Flavoured Sticks

·         Squid Rings (IQF)   

·         Seafood Mix          

·         All Purpose Shrimps (IQF)  

·         Mussel Meat (IQF)

·         Vannamei Prawns 10x700g 

·         Vannamei Prawns 10x800g 

·         Crumbed Butterfly Prawns (IQF)      

·         Crumbed Torpedo Prawns (IQF)

Head Office Physical Address

MONTAGUE GARDENS, 4 PRINTERS WAY, WESTERN CAPEMILERTON, CAPE TOWN, 7442

Head Office Postal Address

PO BOX 36637, CHEMPET, 7442

Current Tel Number

0215518700

Current Fax Number

0215518668

Current Email Address

leeannf@breco.co.za

Web Site Address

www.breco.co.za

 

Auditors Information - No Information on Record

 

Previous Auditors Information - No Information on Record

 

Tax Information

 

Vat Number

4790154308

Status

ACTIVE

Vat Liable Date

1995/12/01

Tax Number

9061002037

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

 

 

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

ACCOUNTANT

LEEANN FOURIE

 

1

FINANCIAL DIRECTOR

NEIL PASCAL

 

 

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

 

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

 

 

Principals

 

Number of Principals

4

Average Age of Active Principals

47

 

Active Principals Principal - 1 of 4 ROBERTO AGOSTINELLI

Surname

AGOSTINELLI

First Name

ROBERTO

ID Number

6511175133084

Verified ID Number

Yes

Current Age

48 Years 7 Months

Status

Active

Appointment Date

2003/01/31

Physical Address (at time of Appointment)

45 PRIMULA STREET, DURBANVILLE, 7550

Postal Address

P O BOX 36637, CHEMPET, 7442

Current Tel Number

0215518700

Cell number

0825796455

Shareholding/Membership

0.00

 


Principal's Adverse - No information on record

 

Business Information for ROBERTO AGOSTINELLI

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

16 TURNBERRY ROAD DIEP RIVER (PTY)LTD

M2004/023672/07

In Business

10 Years 10 Months

0

No

 

22 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/005977/07

In Business

8 Years 8 Months

0

No

 

23 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/006035/07

In Business

8 Years 8 Months

0

No

 

9 TURNBERRY DIEP RIVER (PTY)LTD

M2004/022728/07

In Business

10 Years 10 Months

0

No

 

BRECO (PTY)LTD

M1995/002205/07

In Business

19 Years 7 Months

0

No

 

BRECO CAPE TOWN (PTY)LTD

M1996/009856/07

In Business

18 Years 6 Months

0

No

 

BRECO HOLDINGS (PTY)LTD

M1996/008679/07

In Business

18 Years 6 Months

0

No

 

HORIZON BAY 703 (PTY)LTD

M2004/022845/07

In Business

10 Years 10 Months

0

No

 

KNIGHTBRIDGE

PROPERTY

(PTY)LTD

M2004/023667/07

In Business

10 Years 10 Months

0

No

 

NEW NATION FISHING (PTY)LTD

M1996/007000/07

In Business

18 Years 6 Months

0

No

 

ORIBEL

PROPERTIES 33 (PTY)LTD

M2009/002419/07

In Business

5 Years 5 Months

0

No

 

REN HOLDINGS (PTY)LTD

M1999/016329/07

In Business

15 Years 3 Months

0

No

 

 


Principal Previous Business Interests

 

Average Age of Previous Business                                                                    8 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

FUTURE INDEFINITE INVESTMENTS 112 (PTY)LTD

M2002/010222/07

Deregistration Final

 

0

No

 

HORIZON BAY 701 (PTY)LTD

M2004/022727/07

Deregistration Final

10 Years 10 Months

0

No

 

TRESSO TRADING 282 (PTY)LTD

M2001/015475/07

In Business

13 Years 1 Months

0

No

 

WEST DUNES PROPERTIES 153 (PTY)LTD

M2004/022353/07

In Business

10 Years 10 Months

0

No

 

 

Principal - 2 of 4 Mr A BOONZAAIER

 

Surname

BOONZAAIER

First Name

Mr A

ID Number

6506255004004

Verified ID Number

Yes

Current Age

49 Years

Designation

 

Status

Active

Appointment Date

2003/01/31

Physical Address (at time of Appointment)

4 JANET LCOSE, CONSTANTIA, 7806

Postal Address

PO BOX 36637, CHEMPET, 7441

Current Tel Number

0215518700

Cell number

0827863545

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for Mr A BOONZAAIER

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

16 TURNBERRY ROAD DIEP RIVER (PTY)LTD

M2004/023672/07

In Business

10 Years 10 Months

0

No

 

22 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/005977/07

In Business

8 Years 8 Months

0

No

 

23 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/006035/07

In Business

8 Years 8 Months

0

No

 

9 TURNBERRY DIEP RIVER (PTY)LTD

M2004/022728/07

In Business

10 Years 10 Months

0

No

 

BRECO (PTY)LTD

M1995/002205/07

In Business

19 Years 7 Months

0

No

 

BRECO CAPE TOWN (PTY)LTD

M1996/009856/07

In Business

18 Years 6 Months

0

No

 

BRECO HOLDINGS (PTY)LTD

M1996/008679/07

In Business

18 Years 6 Months

0

No

 

HORIZON BAY 703 (PTY)LTD

M2004/022845/07

In Business

10 Years 10 Months

0

No

 

KNIGHTBRIDGE

PROPERTY

(PTY)LTD

M2004/023667/07

In Business

10 Years 10 Months

0

No

 

NC COMPUTERS

6506255004004

 

Unknown

0

No

 

NEW NATION FISHING (PTY)LTD

M1996/007000/07

In Business

18 Years 6 Months

0

No

 

ORIBEL

PROPERTIES 33 (PTY)LTD

M2009/002419/07

In Business

5 Years 5 Months

0

No

 

REN HOLDINGS (PTY)LTD

M1999/016329/07

In Business

15 Years 3 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                        9 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BA-TLHAPING FISHING ENTERPRISES CC

B1998/023269/23

Deregistration Final

16 Years 4 Months

0

No

 

FUTURE INDEFINITE INVESTMENTS 112 (PTY)LTD

M2002/010222/07

Deregistration Final

 

0

No

 

HORIZON BAY 701 (PTY)LTD

M2004/022727/07

Deregistration Final

10 Years 10 Months

0

No

 

TRESSO TRADING 282 (PTY)LTD

M2001/015475/07

In Business

13 Years 1 Months

0

No

 

WEST DUNES PROPERTIES 153 (PTY)LTD

M2004/022353/07

In Business

10 Years 10 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for Mr A BOONZAAIER

 

Title Deed No.

T36755/2004

Erf/Site No.

7787

Deeds Office

CAPE TOWN

Physical Address

38 DOORDRIFT CONSTANTIA

Property Type

F

Extent / Size

1500.00000000

Purchase Date

1999/02/22

Purchase price

R1265000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Principal - 3 of 4 ETIENNE ETIENNE A BRAUM

 

Surname

ETIENNE A BRAUM

First Name

ETIENNE

ID Number

6407145131083

Verified ID Number

Yes

Current Age

49 Years 11 Months

Status

Active

Appointment Date

2003/01/31

Physical Address (at time of Appointment)

17 THE AVENUE, SILVERHURST, CONSTANTIA, 7806

Postal Address

PO BOX 36637, CHEMPET, 7442

Current Tel Number

0215518700

Cell number

0828073474

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for ETIENNE ETIENNE A BRAUM

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

22 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/005977/07

In Business

8 Years 8 Months

0

No

 

23 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/006035/07

In Business

8 Years 8 Months

0

No

 

BRECO (PTY)LTD

M1995/002205/07

In Business

19 Years 7 Months

0

No

 

BRECO CAPE TOWN (PTY)LTD

M1996/009856/07

In Business

18 Years 6 Months

0

No

 

BRECO HOLDINGS (PTY)LTD

M1996/008679/07

In Business

18 Years 6 Months

0

No

 

FOOD ON THE GO

HOLDINGS

(PTY)LTD

K2012/092883/07

In Business

2 Years 2 Months

0

No

 

HORIZON BAY 703 (PTY)LTD

M2004/022845/07

In Business

10 Years 10 Months

0

No

 

NEW NATION FISHING (PTY)LTD

M1996/007000/07

In Business

18 Years 6 Months

0

No

 

ORIBEL

PROPERTIES 33 (PTY)LTD

M2009/002419/07

In Business

5 Years 5 Months

0

No

 

RAPIPROP 186 (PTY)LTD

M2006/005266/07

In Business

8 Years 8 Months

0

No

 

REN HOLDINGS (PTY)LTD

M1999/016329/07

In Business

15 Years 3 Months

0

No

 

WESTERN PROVINCE REGIONAL RACING ASSOCIATION

M2002/002381/08

In Business

0

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                    12 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

16 TURNBERRY ROAD DIEP RIVER (PTY)LTD

M2004/023672/07

In Business

10 Years 10 Months

0

No

 

9 TURNBERRY DIEP RIVER (PTY)LTD

M2004/022728/07

In Business

10 Years 10 Months

0

No

 

BAY SEAFOODS CC

B1990/007013/23

Dissolved

 

0

No

 

FUTURE INDEFINITE INVESTMENTS 112 (PTY)LTD

M2002/010222/07

Deregistration Final

 

0

No

 

HORIZON BAY 701 (PTY)LTD

M2004/022727/07

Deregistration Final

10 Years 10 Months

0

No

 

HOTLINE FISHING CC

B2000/027262/23

In Business

14 Years 2 Months

0

No

 

KNIGHTBRIDGE PROPERTY (PTY)LTD

M2004/023667/07

In Business

10 Years 10 Months

0

No

 

PLANET PIZZA CC

B1987/003348/23

Deregistration Final

27 Years 3 Months

0

No

 

SILVERHURST ESTATE HOME OWNERS ASSOCIATION

M1991/001082/08

In Business

23 Years 11 Months

0

No

 

TRAWL TRADE (PTY)LTD

M1997/012303/07

Deregistration Final

17 Years 5 Months

0

No

 

TRESSO TRADING 282 (PTY)LTD

M2001/015475/07

In Business

13 Years 1 Months

0

No

 

WEST DUNES PROPERTIES 153 (PTY)LTD

M2004/022353/07

In Business

10 Years 10 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for ETIENNE ETIENNE A BRAUM

 

Title Deed No.

T20861/1998

Erf/Site No.

834

Deeds Office

CAPE TOWN

Physical Address

49 SEEWIER STRUIS BAY

Property Type

F

Extent / Size

782.00000000

Purchase Date

1997/11/15

Purchase price

R 55.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

T33245/2009

Erf/Site No.

2966

Deeds Office

CAPE TOWN

Physical Address

STRUIS BAY STRUIS BAY

Property Type

E

Extent / Size

 

Purchase Date

2009/05/14

Purchase price

R 600000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

T28224/2011

Erf/Site No.

3021

Deeds Office

CAPE TOWN

Physical Address

STRUIS BAY STRUIS BAY

Property Type

E

Extent / Size

 

Purchase Date

2010/12/07

Purchase price

R 995000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

T8020/2010

Erf/Site No.

3047

Deeds Office

CAPE TOWN

Physical Address

STRUIS BAY STRUIS BAY

Property Type

E

Extent / Size

 

Purchase Date

2009/12/17

Purchase price

R1900000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

T19225/2007

Erf/Site No.

10245

Deeds Office

CAPE TOWN

Physical Address

SILVERHURST CONSTANTIA

Property Type

E

Extent / Size

 

Purchase Date

2006/09/13

Purchase price

R10500000.00

% Ownership

0.00

Bond Holder

A B S A BANK LTD

Bond Number

B239832007

Bond Amount

R10500000.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

ST32587/2006

Erf/Site No.

169826,0

Deeds Office

CAPE TOWN

Physical Address

5 PINELAW DIEP RIVER CAPE TOWN

Property Type

U

Extent / Size

 

Purchase Date

2005/06/06

Purchase price

R 769900.00

% Ownership

0.00

Bond Holder

NEDBANK LTD

Bond Number

SB218872006

Bond Amount

R 693000.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

T27422/2013

Erf/Site No.

10085

Deeds Office

CAPE TOWN

Physical Address

CONSTANTIA

Property Type

E

Extent / Size

260.0SQM

Purchase Date

2013/03/12

Purchase price

R1305000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

T45382/2013

Erf/Site No.

92093

Deeds Office

CAPE TOWN

Physical Address

CAPE TOWN

Property Type

E

Extent / Size

163.0SQM

Purchase Date

2013/07/11

Purchase price

R 740000.00

% Ownership

0.00

Bond Holder

 

Bond Number

K12891999S

Bond Amount

R 0.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

T36755/2004

Erf/Site No.

7787

Deeds Office

CAPE TOWN

Physical Address

38 DOORDRIFT CONSTANTIA

Property Type

F

Extent / Size

1500.00000000

Purchase Date

1999/02/22

Purchase price

R1265000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

T69110/1991

Erf/Site No.

10349

Deeds Office

CAPE TOWN

Physical Address

6 PALM CONSTANTIA

Property Type

F

Extent / Size

742.00000000

Purchase Date

1991/09/13

Purchase price

R135000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B24651993

Bond Amount

R 50000.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

T96439/2004

Erf/Site No.

9320

Deeds Office

CAPE TOWN

Physical Address

47 LEWIS CONSTANTIA

Property Type

F

Extent / Size

700.00000000

Purchase Date

2004/07/09

Purchase price

R1575000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B787842004

Bond Amount

R1575000.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

ST17714/2013

Erf/Site No.

371

Deeds Office

CAPE TOWN

Physical Address

MILNERTON

Property Type

U

Extent / Size

27.0SQM

Purchase Date

2012/11/23

Purchase price

R 539000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

ST17714/2013

Erf/Site No.

371

Deeds Office

CAPE TOWN

Physical Address

MILNERTON

Property Type

U

Extent / Size

17.0SQM

Purchase Date

2012/11/23

Purchase price

R 539000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

ST8945/2012

Erf/Site No.

170365,0

Deeds Office

CAPE TOWN

Physical Address

2 DRAPER CLAREMONT CAPE TOWN

Property Type

U

Extent / Size

 

Purchase Date

2012/04/16

Purchase price

R1000000.00

% Ownership

0.00

Bond Holder

 

Bond Number

SK14102007S

Bond Amount

R 0.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

ST8945/2012

Erf/Site No.

170365,0

Deeds Office

CAPE TOWN

Physical Address

2 DRAPER CLAREMONT CAPE TOWN

Property Type

U

Extent / Size

 

Purchase Date

2012/04/16

Purchase price

R1000000.00

% Ownership

0.00

Bond Holder

 

Bond Number

SK14102007S

Bond Amount

R 0.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

T28091/2012

Erf/Site No.

666

Deeds Office

CAPE TOWN

Physical Address

86 EDISON MEADOWRIDGE CAPE TOWN

Property Type

E

Extent / Size

 

Purchase Date

2012/03/30

Purchase price

R1500000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

ST15219/2010

Erf/Site No.

4290,0

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

U

Extent / Size

 

Purchase Date

2010/05/19

Purchase price

R 464000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

ST15219/2010

Erf/Site No.

4290,0

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

U

Extent / Size

 

Purchase Date

2010/05/19

Purchase price

R 464000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

ST5107/2012

Erf/Site No.

35088,0

Deeds Office

CAPE TOWN

Physical Address

17 VIOLA BLOUBERGRANT BLOUBERG

Property Type

U

Extent / Size

 

Purchase Date

2012/02/01

Purchase price

R415000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE ETIENNE A BRAUM

Title Deed No.

ST5716/2012

Erf/Site No.

35088,0

Deeds Office

CAPE TOWN

Physical Address

17 VIOLA BLOUBERGRANT BLOUBERG

Property Type

U

Extent / Size

 

Purchase Date

2012/02/01

Purchase price

R415000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Principal - 4 of 4 NEIL PASCALL

 

Surname

Surname

Pascall

First Name

Neil

ID Number

7301055051085

Verified ID Number

Yes

Current Age

41 Years 5 Months

Designation

Project Manager

Status

Active

Appointment Date

1998/07/21

Physical Address (at time of Appointment)

14 BRIDEKIRK WAY, EDGEMEAD, 7442

Postal Address

PO BOX 36637, CHEMPET, 7441

Current Tel Number

0215518700

Cell number

0832818215

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for NEIL PASCALL

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

16 TURNBERRY ROAD DIEP RIVER (PTY)LTD

M2004/023672/07

In Business

10 Years 10 Months

0

No

 

22 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/005977/07

In Business

8 Years 8 Months

0

No

 

23 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/006035/07

In Business

8 Years 8 Months

0

No

 

9 TURNBERRY DIEP RIVER (PTY)LTD

M2004/022728/07

In Business

10 Years 10 Months

0

No

 

BRECO (PTY)LTD

M1995/002205/07

In Business

19 Years 7 Months

0

No

 

BRECO (S A) PROPERTY MANAGEMENT (PTY)LTD

M1995/010409/07

In Business

19 Years 7 Months

0

No

 

BRECO CAPE TOWN (PTY)LTD

M1996/009856/07

In Business

18 Years 6 Months

0

No

 

BRECO HOLDINGS (PTY)LTD

M1996/008679/07

In Business

18 Years 6 Months

0

No

 

HORIZON BAY 703 (PTY)LTD

M2004/022845/07

In Business

10 Years 10 Months

0

No

 

KNIGHTBRIDGE

PROPERTY

(PTY)LTD

M2004/023667/07

In Business

10 Years 10 Months

0

No

 

NEW NATION FISHING (PTY)LTD

M1996/007000/07

In Business

18 Years 6 Months

0

No

 

ORIBEL

PROPERTIES 33 (PTY)LTD

M2009/002419/07

In Business

5 Years 5 Months

0

No

 

PASCALL PROPERTIES CC

B2001/044297/23

In Business

13 Years 1 Months

0

No

 

REN HOLDINGS (PTY)LTD

M1999/016329/07

In Business

15 Years 3 Months

0

No

 

SIMPLY SEAFOOD CC

B2000/068964/23

In Business

14 Years 2 Months

0

No

 

TRESSO TRADING 282 (PTY)LTD

M2001/015475/07

In Business

13 Years 1 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                        9 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

FUTURE INDEFINITE INVESTMENTS 112 (PTY)LTD

M2002/010222/07

Deregistration Final

 

0

No

 

HORIZON BAY 701 (PTY)LTD

M2004/022727/07

Deregistration Final

10 Years 10 Months

0

No

 

SANDY POINT FISHING (PTY)LTD

M1995/010406/07

Deregistration Final

19 Years 7 Months

4

No

 

WEST DUNES PROPERTIES 153 (PTY)LTD

M2004/022353/07

In Business

10 Years 10 Months

0

No

 

 


 

Principal Deeds Information

 

Property Interests for NEIL PASCALL

 

Title Deed No.

T6233/2010

Erf/Site No.

19481

Deeds Office

CAPE TOWN

Physical Address

6 DRIEKOPPEN EDGEMEAD GOODWOOD

Property Type

E

Extent / Size

 

Purchase Date

2009/11/18

Purchase price

R 900000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for NEIL PASCALL

 

Title Deed No.

T22759/2009

Erf/Site No.

20945

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

E

Extent / Size

 

Purchase Date

2009/03/16

Purchase price

R3150000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for NEIL PASCALL

 

Title Deed No.

T22758/2009

Erf/Site No.

20947

Deeds Office

CAPE TOWN

Physical Address

7 HEIDE PLATTEKLOOF 3 PAROW

Property Type

E

Extent / Size

 

Purchase Date

2009/03/16

Purchase price

R3150000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for NEIL PASCALL

 

Title Deed No.

T22760/2009

Erf/Site No.

22245

Deeds Office

CAPE TOWN

Physical Address

5 HEIDE PLATTEKLOOF 3 PAROW

Property Type

E

Extent / Size

 

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for NEIL PASCALL

Title Deed No.

T36755/2004

Erf/Site No.

7787

Deeds Office

CAPE TOWN

Physical Address

38 DOORDRIFT CONSTANTIA

Property Type

F

Extent / Size

1500.00000000

Purchase Date

1999/02/22

Purchase price

R1265000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for NEIL PASCALL

Title Deed No.

T22760/2009

Erf/Site No.

22245

Deeds Office

CAPE TOWN

Physical Address

5 HEIDE PAROW

Property Type

F

Extent / Size

2877.00000000

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for NEIL PASCALL

Title Deed No.

T308/1996

Erf/Site No.

30761

Deeds Office

CAPE TOWN

Physical Address

14 BRIDEKIRK GOODWOOD

Property Type

F

Extent / Size

319.00000000

Purchase Date

1995/09/18

Purchase price

R115000.00

% Ownership

0.00

Bond Holder

NBS BANK LTD

Bond Number

B2801996

Bond Amount

R114000.00

 

Property Interests for NEIL PASCALL

Title Deed No.

T56594/2001

Erf/Site No.

32586

Deeds Office

CAPE TOWN

Physical Address

3 LA PROVENCE GOODWOOD

Property Type

F

Extent / Size

337.00000000

Purchase Date

2001/05/11

Purchase price

R 245500.00

% Ownership

0.00

Bond Holder

SAAMBOU BANK LTD

Bond Number

B387202001

Bond Amount

R145500.00

 

Property Interests for NEIL PASCALL

Title Deed No.

ST13739/2011

Erf/Site No.

32853

Deeds Office

CAPE TOWN

Physical Address

13 SUNNYSIDE EDGEMEAD GOODWOOD

Property Type

U

Extent / Size

 

Purchase Date

2011/09/22

Purchase price

R 730000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for NEIL PASCALL

Title Deed No.

T56532/2005

Erf/Site No.

32586

Deeds Office

CAPE TOWN

Physical Address

3 LA PROVENCE EDGEMEAD GOODWOOD

Property Type

E

Extent / Size

 

Purchase Date

2004/09/07

Purchase price

R 200000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for NEIL PASCALL

Title Deed No.

T2149/2001

Erf/Site No.

21360

Deeds Office

CAPE TOWN

Physical Address

21 MOPANIE PLATTEKLOOF 2 PAROW

Property Type

E

Extent / Size

 

Purchase Date

2000/11/03

Purchase price

R 450000.00

% Ownership

0.00

Bond Holder

A B S A BANK LTD

Bond Number

B15922001

Bond Amount

R 750000.00

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.60.28

UK Pound

1

Rs.102.77

Euro

1

Rs.82.12

 

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

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%)

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.