|
Report Date : |
27.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
KAYMAC (PTY)LTD |
|
|
|
|
Registered Office : |
11 Livingstone Road, Pinetown, Kwa Zulu Natal, 3600 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
11.08.1966 |
|
|
|
|
Com. Reg. No.: |
M1966/007004/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
· Manufacturer of pesticides and Other Agro-Chemical Products · subject offers Comprehensive Technical and Design Support covering a wide range of Geosynthetic Products that are complimentary to its tried and tested bidim "A" grades. · Subject product range and expertise now effectively covers vast areas of application such as Drainage and Filtration, Hydraulic Construction, Separation and Reinforcement, Road Maintenance and Rehabilitation, Dam and Waste Containment Liners, Erosion Protection, Waterproofing and Liner Protection as well as Horticultural Solutions |
|
|
|
|
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 |
KAYMAC (PTY)LTD |
|
Country |
South Africa |
|
Subject Contact Person |
TRACEY THOMPSON - Financial Director |
|
Assessment |
This is an established business. On investigation contact was made with TRACEY THOMPSON the financial director who requested a principal enquirer before she could provide any company information. There is no recorded auditors on CIPC. Please see the available information on the subject below. |
|
Registered Name |
KAYMAC (PTY)LTD |
|
Trading as/ Division Name |
KAYTECH |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
M1966/007004/07 |
|
Registration Date |
1966/08/11 |
|
Date Commenced Trading |
1966-08-11 |
|
Age of Business |
47 Years 10 Months |
|
History of Business |
The subject commenced trading as a new company in 1966. |
|
History of Principals |
There are 7 active directors within the company |
|
Shareholders/Members/Partners of subject and % holding |
Unavailable |
|
Status |
In Business |
|
Operations Assessment |
The subject offers comprehensive technical and design support covering a wide range of geosynthetic products that are complimentary to its tried and tested bidim "A" grades. KAYTECH'S product range and expertise now effectively covers vast areas of application such as : Drainage and Filtration, Hydraulic Construction, Separation and Reinforcement, Road Maintenance and Rehabilitation, Dam and Waste Containment Liners, Erosion Protection, Waterproofing and Liner Protection as well as Horticultural Solutions |
|
Industry/ Customers |
The private and public sectors. |
|
Export |
Yes |
|
Export Countries |
India |
|
Import |
Unknown |
|
Major Industry Code / SICC |
33510 |
|
Definition of Code |
Manufacturer of pesticides and other agro-chemical products |
|
Head Office Physical Address |
11 LIVINGSTONE ROAD, PINETOWN, KWA ZULU NATAL, 3600 |
|
Head Office Postal Address |
PO BOX 116, PINETOWN, DURBAN, 3600 |
|
Current Tel Number |
0317172300 |
|
Cell Number |
0833739901 |
|
Current Fax Number |
0317024477 |
|
Current Email Address |
|
|
Web Site Address |
Auditors Information
- No Information on Record
Previous Auditors Information
- No Information on Record
|
Vat Number |
4500111333 |
|
Status |
ACTIVE |
|
Tax Number |
9650015713 |
|
Financial Year End |
June |
|
Status |
Yes |
|
Score |
3.00 |
|
Expire Date |
Dec 13 2013 |
|
BEE Certificate Available |
Yes |
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
Organisation Chart
|
Level |
Position |
Name |
Comment |
|
1 |
FINANCIAL DIRECTOR |
TRACEY THOMPSON |
|
|
1 |
MANAGING DIRECTOR |
MIKE SANDER |
|
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
Property Interests
for Company KAYMAC (PTY)LTD
|
Title Deed No. |
T12096/1997 |
Erf/Site No. |
1916 |
|
Deeds Office |
BLOEMFONTEIN |
Physical Address |
18 BESTER 1394-0040-000 HARRISMITH |
|
Property Type |
Farms |
Extent / Size |
327.00000000 |
|
Purchase Date |
1997/02/18 |
Purchase price |
R 500.00 |
|
% Ownership |
0.00 |
Bond Holder |
SCHOEMAN LOUIS JACOBUS |
|
Bond Number |
B73581997 |
Bond Amount |
R 300.00 |
Title Deed No. |
T12096/1997 |
Erf/Site No. |
0 |
|
Deeds Office |
BLOEMFONTEIN |
Physical Address |
18 BESTER HARRISMITH |
|
Property Type |
Freehold |
Extent / Size |
|
|
Purchase Date |
1997/01/28 |
Purchase price |
R 500000.00 |
|
% Ownership |
0.00 |
Bond Holder |
SCHOEMAN LOUIS JACOBUS |
|
Bond Number |
B73581997 |
Bond Amount |
R 300000.00 |
|
Number of Principals |
7 |
|
Average Age of Active Principals |
47 |
Active Principals Principal
- 1 of 7 SANELISIWE NYASULU
|
Surname |
NYASULU |
|
First Name |
SANELISIWE |
|
Other Names |
None |
|
Marital Status |
|
|
ID Number |
8202180766085 |
|
Verified ID Number |
Yes |
|
Current Age |
32 Years 4 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2012/07/11 |
|
Physical Address (at time of Appointment) |
52 STOKE GOLDINGTON, CLIFTON HILL ESTATE, HILLCREST, 3610 |
|
Postal Address |
P.O. BOX 1219, UMHLANGA ROCKS, UMHLANGA ROCKS, 4320 |
|
Current Tel Number |
Unavailable |
|
Cell number |
Unavailable |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for SANELISIWE NYASULU
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
GARLICKE AND BOUSFIELD INC |
M1977/003506/21 |
In Business |
37 Years 1 Months |
0 |
No |
|
|
KAYMAC (PTY)LTD |
M1966/007004/07 |
In Business |
0 |
0 |
No |
|
Principal - 2 of 7
TRACEY THOMPSON
|
Surname |
THOMPSON |
|
First Name |
TRACEY |
|
Other Names |
None |
|
ID Number |
8011190031087 |
|
Verified ID Number |
Yes |
|
Current Age |
33 Years 7 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2012/07/02 |
|
Physical Address (at time of Appointment) |
732 ESSENWOOD ROAD, MORNINGSIDE, DURBAN, 4001 |
|
Postal Address |
P O BOX 116, PINETOWN, PINETOWN, 3600 |
|
Current Tel Number |
Unavailable |
|
Cell number |
Unavailable |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for TRACEY THOMPSON
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
KAYMAC (PTY)LTD |
M1966/007004/07 |
In Business |
0 |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 37 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
FELTEX FEHRER (PTY)LTD |
M1947/025764/07 |
In Business |
67 Years 7 Months |
0 |
No |
|
|
MONEY SHOT INVESTMENTS CC |
B2007/031799/23 |
Deregistration Final |
7 Years 7 Months |
0 |
No |
|
Principal Deeds Information
Property Interests for TRACEY THOMPSON
|
Title Deed No. |
T21537/2012 |
Erf/Site No. |
204 |
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
HAWAAN FOREST ESTATE BLACKBURN |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2012/03/09 |
Purchase price |
R1900000.00 |
|
% Ownership |
0.00 |
Bond Holder |
INVESTEC BANK LIMITED |
|
Bond Number |
B122682012 |
Bond Amount |
R1710912.00 |
Principal - 3 of 7 CHRISTIAAN ELS
|
Surname |
ELS |
|
First Name |
CHRISTIAAN |
|
Other Names |
None |
|
ID Number |
6804295075088 |
|
Verified ID Number |
Yes |
|
Current Age |
46 Years 2 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2007/05/01 |
|
Physical Address (at time of Appointment) |
114 CHARLES HOFFE STREET, MELKBOSSTRAND, CAPE TOWN, WESTERN CAPE, 7441 |
|
Postal Address |
114 CHARLES HOFFE STREET, MELKBOSSTRAND, CAPE TOWN, WESTERN CAPE, 7441 |
|
Current Tel Number |
0215772116 |
|
Cell number |
0833813442 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for CHRISTIAAN ELS
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CAPE PET SUPPLIERS (PTY)LTD |
K2013/040082/07 |
In Business |
1 Years 1 Months |
0 |
No |
|
|
KAYMAC (PTY)LTD |
M1966/007004/07 |
In Business |
0 |
0 |
No |
|
Principal Deeds
Information
Property Interests for CHRISTIAAN ELS
|
Title Deed No. |
T47772/1996 |
Erf/Site No. |
10453 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
20 LIBERTAS MILNERTON |
|
Property Type |
F |
Extent / Size |
704.00000000 |
|
Purchase Date |
1996/02/18 |
Purchase price |
R 268.00 |
|
% Ownership |
0.00 |
Bond Holder |
ABSA BANK LTD |
|
Bond Number |
B436581996 |
Bond Amount |
R 220.00 |
Property Interests for CHRISTIAAN ELS
|
Title Deed No. |
T94265/2001 |
Erf/Site No. |
3053 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
13 DUNKER VAN RIEBEECKSTRAND MELKBOSSTRAND |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2001/09/23 |
Purchase price |
R 575000.00 |
|
% Ownership |
0.00 |
Bond Holder |
A B S A BANK LTD |
|
Bond Number |
B663002001 |
Bond Amount |
R 450000.00 |
Property Interests for CHRISTIAAN ELS
|
Title Deed No. |
T14474/1998 |
Erf/Site No. |
1097 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
5 ROSSINI THEESCOMBE |
|
Property Type |
F |
Extent / Size |
111.00000000 |
|
Purchase Date |
1997/10/18 |
Purchase price |
R 295.00 |
|
% Ownership |
0.00 |
Bond Holder |
ABSA BANK LTD |
|
Bond Number |
B99561998 |
Bond Amount |
R 220.00 |
Principal - 4 of 7
GARTH JAMES
|
Surname |
JAMES |
|
First Name |
GARTH |
|
Other Names |
None |
|
ID Number |
5406075025084 |
|
Verified ID Number |
Yes |
|
Current Age |
60 Years |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2005/07/01 |
|
Physical Address (at time of Appointment) |
11 BOWEN AVENUE, GLENMORE, DURBAN, 4001 |
|
Postal Address |
P O BOX 116, PINETOWN, 3600 |
|
Current Tel Number |
0317172300 |
|
Cell number |
0832530592 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information for GARTH JAMES
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
KAYMAC (PTY)LTD |
M1966/007004/07 |
In Business |
0 |
0 |
No |
|
Principal - 5 of 7
ADDISON MARK
|
Surname |
MARK |
|
First Name |
ADDISON |
|
Other Names |
LEWIS |
|
ID Number |
5611175033082 |
|
Verified ID Number |
Yes |
|
Current Age |
57 Years 7 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2001/08/22 |
|
Physical Address (at time of Appointment) |
164 NORTHWAY, DURBAN NORTH, DURBAN, KWA-ZULU NATAL, 4051 |
|
Postal Address |
164 NORTHWAY, DURBAN NORTH, DURBAN, KWA-ZULU NATAL, 4051 |
|
Current Tel Number |
0317172243 |
|
Cell number |
0825650447 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information for ADDISON MARK
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
CAPE PET SUPPLIERS (PTY)LTD |
K2013/040082/07 |
In Business |
1 Years 1 Months |
0 |
No |
|
KAYMAC (PTY)LTD |
M1966/007004/07 |
In Business |
0 |
0 |
No |
|
KAYMAC GROUP MANAGEMENT (PTY)LTD |
M1955/003738/07 |
In Business |
59 Years 11 Months |
0 |
No |
|
KAYMAC STRUCTURAL FOAM (PTY)LTD |
M2001/010064/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
NATIONAL RADIATOR MANUFACTURERS (PTY)LTD |
M1970/007731/07 |
In Business |
44 Years 8 Months |
0 |
No |
|
NOEL P HUNT (PTY)LTD |
M1964/009228/07 |
In Business |
50 Years 2 Months |
0 |
No |
|
NUCLOSE 4 CC |
B1985/006327/23 |
In Business |
29 Years 5 Months |
0 |
No |
|
PMA CC |
B2005/039786/23 |
In Business |
9 Years 9 Months |
0 |
No |
|
SKJ FAMILY HOLDINGS (PTY)LTD |
M1988/005207/07 |
In Business |
26 Years 2 Months |
0 |
No |
Principal Previous Business Interests
Average Age of Previous Business 23 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|||
|
EQUITY STEEL (PTY)LTD |
M1996/002233/07 |
In Business |
18 Years 6 Months |
7 |
No |
|||
|
ERF 2500 SOUTHERN HILLS CC |
B1998/035572/23 |
Deregistration Final |
16 Years 4 Months |
1 |
No |
|||
|
ESTON BRICK AND TILE (PTY)LTD |
M1995/010016/07 |
In Business |
19 Years 7 Months |
0 |
No |
|||
|
KAYMAC INDUSTRIES (PTY)LTD |
M1974/000478/07 |
Deregistration Process |
40 Years 4 Months |
0 |
No |
|||
|
LONG MEADOW ESTATE (PTY)LTD |
M1995/010498/07 |
In Business |
19 Years 7 Months |
0 |
No |
|||
|
MNANDI PROPERTIES CC |
B1985/002114/23 |
In Business |
29 Years 5 Months |
0 |
No |
|||
|
SISTERWELL CC |
B1985/002293/23 |
Deregistration Final |
29 Years 5 Months |
0 |
No |
|||
|
TAD STEEL CC |
B1992/010286/23 |
In Business |
22 Years 10 Months |
0 |
No |
|||
|
WRIST STEEL CC |
B1996/019662/23 |
Deregistration Final |
18 Years 6 Months |
0 |
No |
|||
Principal - 6 of 7
MICHAEL SANDER
|
Surname |
SANDER |
|
First Name |
MICHAEL |
|
ID Number |
6301015026087 |
|
Verified ID Number |
Yes |
|
Current Age |
51 Years 5 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2000/07/01 |
|
Physical Address (at time of Appointment) |
761 OLD MAIN ROAD, COWIES HILL, PINETOWN, DURBAN, KWA-ZULU NATAL, 3610 |
|
Postal Address |
761 OLD MAIN ROAD, COWIES HILL, PINETOWN, DURBAN, KWA-ZULU NATAL, 3610 |
|
Current Tel Number |
0317172500 |
|
Cell number |
0832528202 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for MICHAEL SANDER
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
CAPE PET SUPPLIERS (PTY)LTD |
K2013/040082/07 |
In Business |
1 Years 1 Months |
0 |
No |
|
|
KAYMAC (PTY)LTD |
M1966/007004/07 |
In Business |
0 |
0 |
No |
|
|
NOEL P HUNT (PTY)LTD |
M1964/009228/07 |
In Business |
50 Years 2 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 21 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
BEAT NATION CC |
B1993/016748/23 |
Deregistration Final |
21 Years 9 Months |
0 |
No |
|
Principal Deeds
Information
Property Interests
for MICHAEL SANDER
|
Title Deed No. |
T11007/2014 |
Erf/Site No. |
307 |
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
PLANTATIONS |
|
Property Type |
E |
Extent / Size |
1115.0SQM |
|
Purchase Date |
2013/12/23 |
Purchase price |
R 4350000.00 |
|
% Ownership |
0.00 |
Bond Holder |
INVESTEC BANK LIMITED |
|
Bond Number |
B58292014 |
Bond Amount |
R3501710.00 |
Property Interests for MICHAEL SANDER
|
Title Deed No. |
T19070/1994 |
Erf/Site No. |
81 |
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
17A PIONEER NEW GERMANY |
|
Property Type |
F |
Extent / Size |
|
|
Purchase Date |
1994/04/30 |
Purchase price |
R185000.00 |
|
% Ownership |
0.00 |
Bond Holder |
STANDARD BANK OF SOUTH AFRICA LTD |
|
Bond Number |
B184791996 |
Bond Amount |
R 70000.00 |
Principal - 7 of 7
ZAMOKWAKHE XABA
|
Surname |
XABA |
|
First Name |
ZAMOKWAKHE |
|
ID Number |
6003055859084 |
|
Verified ID Number |
Yes |
|
Current Age |
54 Years 3 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2000/07/01 |
|
Physical Address (at time of Appointment) |
DD406, UMLAZI, DURBAN, 4031 |
|
Postal Address |
P O BOX 33141, MONTCLAIR, 4061 |
|
Current Tel Number |
0314620892 |
|
Cell number |
0834414125 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for ZAMOKWAKHE XABA
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
DURBAN AUTOMOTIVE CLUSTER |
M2005/035247/08 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
KAYMAC (PTY)LTD |
M1966/007004/07 |
In Business |
0 |
0 |
No |
|
|
KAYMAC GROUP MANAGEMENT (PTY)LTD |
M1955/003738/07 |
In Business |
59 Years 11 Months |
0 |
No |
|
|
KAYMAC STRUCTURAL FOAM (PTY)LTD |
M2001/010064/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
Principal Deeds
Information
Property Interests
for ZAMOKWAKHE XABA
|
Title Deed No. |
TG23634/2000 |
Erf/Site No. |
96 |
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
195 NTONTO ZULU UMLAZI D UMLAZI |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2000/02/28 |
Purchase price |
R 5000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
Property Interests for ZAMOKWAKHE XABA
|
Title Deed No. |
TG23634/2000 |
Erf/Site No. |
96 |
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
195 NTONTO ZULU UMLAZI |
|
Property Type |
F |
Extent / Size |
457.00000000 |
|
Purchase Date |
1988/09/18 |
Purchase price |
R 5000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
Property Interests
for ZAMOKWAKHE XABA
|
Title Deed No. |
TG45136/2003 |
Erf/Site No. |
406 |
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
128 NTONTO ZULU UMLAZI D UMLAZI |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2003/06/23 |
Purchase price |
R160000.00 |
|
% Ownership |
0.00 |
Bond Holder |
STANDARD BANK OF SOUTH AFRICA L |
|
Bond Number |
BG261342003 |
Bond Amount |
R160000.00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.16 |
|
UK Pound |
1 |
Rs.102.23 |
|
Euro |
1 |
Rs.82.04 |
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.