|
Report Date : |
06.03.2014 |
IDENTIFICATION DETAILS
|
Name : |
C I MERCHANDISING CC |
|
|
|
|
Formerly Known as: |
C I MERCHANDISING (PTY) LTD |
|
|
|
|
Registered Office : |
8 Hawkins Avenue, Epping, Industrial, 7460 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
28.02.2011 |
|
|
|
|
Com. Reg. No.: |
B2011/023982/23 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Other activities not adequately defined. (We tried to confirm / obtain the detailed activity but the same is
not available from any sources) |
|
|
|
|
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 – december 01, 2013
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
South Africa |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
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 15th largest in
the world. Even though the country possesses modern infrastructure that support
a relatively efficient distribution of goods to major urban centers throughout
the region, some components retard growth. The economy began to slow in the
second half of 2007 due to an electricity crisis. State power supplier Eskom
encountered problems with aging plants and meeting electricity demand
necessitating "load-shedding" cuts in 2007 and 2008 to residents and
businesses in the major cities. Subsequently, the global financial crisis
reduced commodity prices and world demand. GDP fell nearly 2% in 2009 but has
recovered since then. Unemployment, poverty, and inequality remain a challenge,
with official unemployment at nearly 25% of the work force. State power
supplier Eskom has built two new power stations and installed new power demand
management programs to improve power grid reliability. 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 |
C I MERCHANDISING CC |
|
Country |
South Africa |
|
Subject Contact Person |
Unavailable |
|
Assessment |
On investigation contact could not be established with the business as the available contact numbers no longer belong to the business. The available contact numbers for the directors are no longer in service. Two of the 3 given directors are no longer with the business and have no forwarding information. We are awaiting feedback from the available auditor to confirm the subjects details. Please see the available information below. |
|
Registered Name |
C I MERCHANDISING CC |
|
Trading as/ Division Name |
C I MERCHANDISING |
|
Previous Name |
C I MERCHANDISING (PTY) LTD |
|
Date of Name Change |
1996-06-11 |
|
Registration Number |
B2011/023982/23 |
|
Registration Date |
2011/02/28 |
|
Date Commenced Trading |
2011-02-28 |
|
Age of Business |
3 Years 1 Months |
|
History of Business |
The subject commenced trading as a new business in 1996. It
underwent a conversion in 2011 from a (PTY) LTD to a CC. |
|
History of Principals |
There are 3 active principals within the business according to the information provided by CIPC. |
|
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 |
Unavailable |
|
Industry/ Customers |
Unavailable |
|
Export |
Unknown |
|
Import |
Unknown |
|
Major Industry Code / SICC |
9000 |
|
Definition of Code |
Other activities not adequately defined. |
|
Head Office Physical Address |
8 Hawkins Avenue, Epping, INDUSTRIAL, 7460 |
|
Head Office Postal Address |
P O Box 930, EPPINDUST, 7475 |
|
Current Tel Number |
Unavailable |
|
Cell Number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
Unavailable |
|
Web Site Address |
Unavailable |
|
Company Registered Name |
ANDERSON-WHITTLE CC |
|
Trading Name |
ANDERSON-WHITTLE |
|
Registration Number |
B1986/016789/23 |
|
Physical Address |
17 A PENTZ DRIVE, TABLE VIEW, 7441 |
|
Postal Address |
P O BOX 11133, BLOOBERGRANT,
7443 |
|
Contact Person |
Unavailable |
|
Contact Number |
Unavailable |
|
Email |
Unavailable |
|
Principals |
1 |
|
Judgements Against Subject |
Unavailable |
|
Judgements Against Principals |
Unavailable |
|
Subject Verified as Client |
No |
|
Practice Number |
652415 |
|
VAT Number |
4780138014 |
|
Tax Number |
9030341037 |
|
BEE Status |
Unavailable |
|
Financial Year End |
February |
|
No of years in Business |
Unavailable |
|
Website |
Unavailable |
Previous Auditors Information - No Information on Record
|
Vat Number |
4700152194 |
|
Status |
ACTIVE |
|
Vat Liable Date |
1995/08/01 |
|
Tax Number |
9830696036 |
|
Financial Year End |
February |
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 In formation on Record
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
Deeds Information - No information on record
|
Number of Principals |
3 |
|
Average Age of Active Principals |
60 |
Active Principals
Principal - 1 of 3 CHARLES HARROD FAMILY FTTR I
|
Surname |
HARROD FAMILY FTTR I |
|
First Name |
CHARLES |
|
ID Number |
4705065067001 |
|
Verified ID Number |
Yes |
|
Current Age |
66 Years 9 Months |
|
Status |
Active |
|
Appointment Date |
2011/02/28 |
|
Physical Address (at time of Appointment) |
40 BROMMERS VLEI ROAD, CONSTANTIA, 7800 |
|
Postal Address |
PO BOX 1379, SANLAMHOF, 7532 |
|
Current Tel Number |
0217941859 |
|
Cell number |
0836555065 |
|
Shareholding/Membership |
50.00 |
Principal's Adverse - No information on
record
Business Information
for CHARLES HARROD FAMILY FTTR I
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ASSMANG LTD |
M1935/007343/06 |
In Business |
78 Years 6 Months |
0 |
No |
|
|
ORE AND METAL COMPANY LTD |
M1930/002363/06 |
In Business |
83 Years 11 Months |
0 |
No |
|
|
C I MERCHANDISING CC |
B2011/023982/23 |
In Business |
3 Years 3 Months |
0 |
No |
|
|
CARDITA CIRCLE CC |
B1995/017293/23 |
Conversion CO/CC or CC/CO |
19 Years 7 Months |
0 |
No |
|
|
RACEC ELECTRICAL INSTALLATIONS CC |
B1997/053443/23 |
Conversion CO/CC or CC/CO |
17 Years 5 Months |
0 |
No |
|
|
RACEC GROUP (PTY)LTD |
1998/006153/07 |
In Business |
16 Years 4 Months |
0 |
No |
|
|
RACEC GROUP LTD |
M1998/006153/06 |
In Business |
16 Years 4 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 |
|
COF''E DONGWENI ENGINEERING CC |
B1997/050714/23 |
Deregistration Final |
17 Years 5 Months |
0 |
No |
|
|
GREENBRO (PTY)LTD |
M1996/005025/07 |
Deregistration Process |
18 Years 6 Months |
1 |
No |
|
|
LUXOR ELECTRICAL (PTY)LTD |
M1998/006072/07 |
Deregistration Process |
16 Years 4 Months |
0 |
No |
|
|
NO 6 HAWKINS PROPERTY (PTY)LTD |
M1996/005041/07 |
Deregistration Final |
18 Years 6 Months |
0 |
No |
|
|
NO 8 HAWKINS PROPERTY (PTY)LTD |
M1965/009626/07 |
Deregistration Final |
49 Years 1 Months |
0 |
No |
|
|
PHILIPPI RAIL (PTY)LTD |
M1975/003794/07 |
Deregistration Process |
39 Years 3 Months |
0 |
No |
|
|
RACEC (PTY)LTD |
M1964/009444/07 |
In Business |
50 Years 2 Months |
0 |
No |
|
|
RACEC AFRICA (PTY)LTD |
M2008/025062/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
|
RACEC PLANT HIRE (PTY)LTD |
M1990/000190/07 |
In Business |
|
1 |
No |
|
|
RACEC POWER (PTY)LTD |
M2001/025298/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
RACEC RAIL (PTY)LTD |
M1964/001845/07 |
In Business |
50 Years 2 Months |
0 |
No |
|
|
RACEC RAIL SIERRA LEONE (PTY)LTD |
M2001/020453/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
RZT ZELPY 4714 CC |
B2010/158253/23 |
Deregistration Final |
4 Years 4 Months |
0 |
No |
|
|
SOLETHU ENERGY (PTY)LTD |
M1979/060034/07 |
In Business |
35 Years 11 Months |
1 |
No |
|
Principal Deeds
Information
Property Interests
for CHARLES HARROD FAMILY FTTR I
|
Title Deed No. |
T84500/2007 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
6 BAILEY MIDSTREAM ESTATE OLIFANTSFONTEIN |
|
Property Type |
Freehold |
Extent / Size |
1050.0SQM |
|
Purchase Date |
2007/01/26 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
NEDBANK LTD |
|
Bond Number |
B1052312007 |
Bond Amount |
|
Principal - 2 of 3
MICHAEL UYS
|
Surname |
UYS |
|
First Name |
Michael |
|
ID Number |
4512135069003 |
|
Verified ID Number |
Yes |
|
Current Age |
68 Years 3 Months |
|
Designation |
MANAGING DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2011/02/28 |
|
Physical Address (at time of Appointment) |
3 SUSSEX ROAD, TOKAI, CAPE
TOWN, 7945 |
|
Postal Address |
3 SUSSEX ROAD, TOKAI, 7945 |
|
Current Tel Number |
0215317540 |
|
Cell number |
0836554413 |
|
Shareholding/Membership |
50.00 |
Principal's Adverse -
No information on record
Business Information
for MICHAEL UYS
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ORE AND METAL COMPANY LTD |
M1930/002363/06 |
In Business |
83 Years 11 Months |
0 |
No |
|
|
ASSMANG LTD |
M1935/007343/06 |
In Business |
78 Years 6 Months |
0 |
No |
|
|
AQUA ANGEL CC |
B2009/032256/23 |
In Business |
5 Years 5 Months |
0 |
No |
|
|
C I MERCHANDISING CC |
B2011/023982/23 |
In Business |
3 Years 3 Months |
0 |
No |
|
|
CARDITA CIRCLE CC |
B1995/017293/23 |
Conversion CO/CC or CC/CO |
19 Years 7 Months |
0 |
No |
|
|
PHILIPPI RAIL (PTY)LTD |
M1975/003794/07 |
Deregistration Process |
39 Years 3 Months |
0 |
No |
|
|
RACEC ELECTRICAL
INSTALLATIONS CC |
B1997/053443/23 |
Conversion CO/CC or CC/CO |
17 Years 5 Months |
0 |
No |
|
|
RACEC GROUP (PTY)LTD |
1998/006153/07 |
In Business |
16 Years 4 Months |
0 |
No |
|
|
RACEC GROUP LTD |
M1998/006153/06 |
In Business |
16 Years 4 Months |
0 |
No |
|
|
RZT ZELPY 4184 (PTY)LTD |
M2005/011324/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 24 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
WATERFORD ESTATE HOMEOWNERS ASSOCIATION |
M1996/005224/08 |
In Business |
17 Years 5 Months |
0 |
No |
|
|
COF''E DONGWENI ENGINEERING CC |
B1997/050714/23 |
Deregistration Final |
17 Years 5 Months |
0 |
No |
|
|
GREENBRO (PTY)LTD |
M1996/005025/07 |
Deregistration Process |
18 Years 6 Months |
1 |
No |
|
|
HLANGANANI RAIL SERVICES CC |
B1997/038246/23 |
Deregistration Final |
17 Years 5 Months |
0 |
No |
|
|
LUXOR ELECTRICAL (PTY)LTD |
M1998/006072/07 |
Deregistration Process |
16 Years 4 Months |
0 |
No |
|
|
NO 6 HAWKINS PROPERTY (PTY)LTD |
M1996/005041/07 |
Deregistration Final |
18 Years 6 Months |
0 |
No |
|
|
NO 8 HAWKINS PROPERTY (PTY)LTD |
M1965/009626/07 |
Deregistration Final |
49 Years 1 Months |
0 |
No |
|
|
RACEC (PTY)LTD |
M1964/009444/07 |
In Business |
50 Years 2 Months |
0 |
No |
|
|
RACEC PLANT HIRE (PTY)LTD |
M1990/000190/07 |
In Business |
|
1 |
No |
|
|
RACEC RAIL (PTY)LTD |
M1964/001845/07 |
In Business |
50 Years 2 Months |
0 |
No |
|
|
ZOMBA CONSTRUCTION (PTY)LTD |
M1999/011021/07 |
Deregistration Final |
15 Years 3 Months |
0 |
No |
|
Principal - 3 of 3 GILLIAN
JACQUE G J KLEINSCHMIDT
|
Surname |
G J KLEINSCHMIDT GILLIAN JACQUE |
|
First Name |
GILLIAN JACQUE |
|
ID Number |
6806170274082 |
|
Verified ID Number |
Yes |
|
Current Age |
45 Years 9 Months |
|
Designation |
FINANCIAL DIRECTOR |
|
Status |
Active |
|
Appointment Date |
1999/01/10 |
|
Physical Address (at time of Appointment) |
4 SUSAN WAY, TOKAI, 7945 |
|
Postal Address |
P O BOX 61, EPPINDUST, 7475 |
|
Current Tel Number |
0217974340 |
|
Cell number |
0 829217148 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information for GILLIAN JACQUE G J KLEINSCHMIDT
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ASSMANG LTD |
M1935/007343/06 |
In Business |
78 Years 6 Months |
0 |
No |
|
|
ASSORE LTD |
M1950/037394/06 |
In Business |
63 Years 3 Months |
0 |
No |
|
|
ORE AND METAL COMPANY LTD |
M1930/002363/06 |
In Business |
83 Years 11 Months |
0 |
No |
|
|
C I MERCHANDISING CC |
B2011/023982/23 |
In Business |
3 Years 3 Months |
0 |
No |
|
|
LUXOR ELECTRICAL (PTY)LTD |
M1998/006072/07 |
Deregistration Process |
16 Years 4 Months |
0 |
No |
|
|
RACEC ELECTRICAL
INSTALLATIONS CC |
B1997/053443/23 |
Conversion CO/CC or CC/CO |
17 Years 5 Months |
0 |
No |
|
|
RACEC GROUP (PTY)LTD |
1998/006153/07 |
In Business |
16 Years 4 Months |
0 |
No |
|
|
SOLLY KRAMER LIQUOR STORES (PTY)LTD |
M1988/002570/07 |
In Business |
26 Years 2 Months |
0 |
No |
|
|
SOLLY KRAMER''S (PTY)LTD |
M1951/001596/07 |
In Business |
63 Years 3 Months |
0 |
No |
|
|
TABLE BAY INTERNATIONAL WINE AND SPIRIT COMPANY (PTY)LTD |
M2000/018083/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 24 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|||
|
GREENBRO (PTY)LTD |
M1996/005025/07 |
Deregistration Process |
18 Years 6 Months |
1 |
No |
|
|||
|
HLANGANANI RAIL SERVICES CC |
B1997/038246/23 |
Deregistration Final |
17 Years 5 Months |
0 |
No |
|
|||
|
NO 6 HAWKINS PROPERTY (PTY)LTD |
M1996/005041/07 |
Deregistration Final |
18 Years 6 Months |
0 |
No |
|
|||
|
RACEC (PTY)LTD |
M1964/009444/07 |
In Business |
50 Years 2 Months |
0 |
No |
|
|||
|
RACEC GROUP LTD |
M1998/006153/06 |
In Business |
16 Years 4 Months |
0 |
No |
|
|||
|
RACEC POWER (PTY)LTD |
M2001/025298/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|||
|
RACEC RAIL (PTY)LTD |
M1964/001845/07 |
In Business |
50 Years 2 Months |
0 |
No |
|
|||
|
RACEC RAIL SIERRA LEONE (PTY)LTD |
M2001/020453/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|||
|
SOLETHU ENERGY (PTY)LTD |
M1979/060034/07 |
In Business |
35 Years 11 Months |
1 |
No |
|
|||
|
CARDITA CIRCLE CC |
B1995/017293/23 |
Conversion CO/CC or CC/CO |
19 Years 7 Months |
0 |
No |
|
|||
|
COF''E DONGWENI ENGINEERING CC |
B1997/050714/23 |
Deregistration Final |
17 Years 5 Months |
0 |
No |
|
|||
Principal Deeds
Information
|
Property Interests for GILLIAN JACQUE G J KLEINSCHMIDT |
|||
|
Title Deed No. |
T106656/2000 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
|
|
Property Type |
Freehold |
Extent / Size |
2.884H |
|
Purchase Date |
2000/08/15 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
B O E BANK LTD |
|
Bond Number |
B689852000 |
Bond Amount |
|
|
Property Interests for GILLIAN JACQUE G J KLEINSCHMIDT |
|||
|
Title Deed No. |
T18528/2005 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
4 SUSAN TOKAI
CAPE TOWN |
|
Property Type |
Freehold |
Extent / Size |
901.0SQM |
|
Purchase Date |
2004/12/22 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
A B S A BANK LTD |
|
Bond Number |
B204522005 |
Bond Amount |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.86 |
|
UK Pound |
1 |
Rs.103.06 |
|
Euro |
1 |
Rs.84.92 |
INFORMATION DETAILS
|
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.