|
Report Date : |
21.03.2014 |
IDENTIFICATION DETAILS
|
Name : |
GFE-MIR ALLOYS AND MINERALS SA (PTY)LTD |
|
|
|
|
Formerly Known as: |
VARONET (PTY) LTD |
|
|
|
|
Registered Office : |
2 Atomic Street, Vulconia, Brakpan, 1554 |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
04.12.2003 |
|
|
|
|
Com. Reg. No.: |
M2003/030762/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
·
Engaged in supplying of Noble Alloys, Metals and Additives to the
foundry and Steel Industry. Engaged in Basic Iron and Steel Industries, except Steel
Pipe and Tube Mills Subject product
range includes :- |
|
|
|
|
No. of Employees |
117 |
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 |
GFE-MIR ALLOYS AND MINERALS SA (PTY)LTD |
|
Country |
South Africa |
|
Subject Contact Person |
ROY - Financial Manager |
|
Assessment |
On investigation contact was made with ROY, the financial manager of the company who assisted with most of the information. The subject declined to provide an account number as such a bank code could not be obtained. Trade references could not be obtained as the subject's suppliers are considered to be confidential. The financial information was declined due to it being considered confidential. Please see the information obtained below. |
|
Registered Name |
GFE-MIR ALLOYS AND MINERALS SA (PTY)LTD |
|
Trading as/ Division Name |
GFE-MIR ALLOYS AND MINERALS SA |
|
Previous Name |
VARONET (PTY)LTD |
|
Date of Name Change |
2008-10-17 |
|
Registration Number |
M2003/030762/07 |
|
Registration Date |
2003/12/04 |
|
Date Commenced Trading |
2003-12-04 |
|
Age of Business |
10 Years 3 Months |
|
History of Business |
The company is in operation for the past 10 Years 3 Months. |
|
History of Principals |
There 3 principals of the business HARALD JOHANN FISCHER, KARL STEFFEN FISCHER, RUSSEL KEVIN SYMONS |
|
Shareholders/Members/Partners of subject and % holding |
100 % - GFE HOLDINGS AG |
|
Authorised Share Capital |
R1000.00 |
|
Issued Share Capital/Members Contribution |
R 100.00 |
|
Status |
In Business |
|
Operations Assessment |
The subject supplies noble alloys, metals and additives to the foundry and steel industry |
|
Industry/ Customers |
The steel industry |
|
Export |
Yes |
|
Export Countries |
China |
|
Import |
Yes |
|
Major Industry Code / SICC |
35101 |
|
Definition of Code |
Basic iron and steel industries, except steel pipe and tube mills |
|
Product details |
|
|
Head Office Physical Address |
2 ATOMIC STREET, VULCONIA, BRAKPAN, 1554 |
|
Head Office Postal Address |
P O BOX 3036, DALVIEW, 1544 |
|
Current Tel Number |
0117401034 |
|
Cell Number |
Unavailable |
|
Current Fax Number |
0117444230 |
|
Current Email Address |
|
|
Web Site Address |
|
Company Registered Name |
KPMG INC |
|
Trading Name |
KPMG |
|
Registration Number |
1999/021543/21 |
|
Physical Address |
85 EMPIRE ROAD, PARKTOWN, JOHANNESBURG, 2193 |
|
Postal Address |
PRIVATE BAG 9, PARKVIEW, 2122 |
|
Contact Person |
0116477111 |
|
Contact Number |
CHRISTER SMITH |
|
Email |
Unavailable |
|
Principals |
191 |
|
Judgements Against Subject |
Unavailable |
|
Judgements Against Principals |
Unavailable |
|
Subject Verified as Client |
Yes |
|
Practice Number |
900133 |
|
VAT Number |
4530188665 |
|
Tax Number |
9559555843 |
|
BEE Status |
Unavailable |
|
Financial Year End |
August |
|
No of years in Business |
14 Years 6 Months |
|
Website |
Previous Auditors Information - No Information on Record
|
Vat Number |
4630218040 |
|
Status |
ACTIVE |
|
Vat Liable Date |
2005/04/01 |
|
Tax Number |
9471448150 |
|
Financial Year End |
June |
|
Status |
No |
|
Comment |
The subject is not registered for BEE. It
is however in process of applying for a BEE accreditation. |
ISO Information - No
Information on Record
|
Registered |
Yes |
|
Compliance Certified |
Yes |
Subsidiaries
|
Subsidiary Company |
GFE-MIR ZAMBIA LTD |
|
Shareholding |
100 % |
|
Registration Number |
730922 |
|
Import / Export |
YES |
|
Employees |
|
|
Number of Employees |
117 |
|
1. Salaried employees |
117 |
|
2. Waged employees |
--- |
|
3. Permanent employees |
117 |
|
Comment |
The subject has a total number of 117 employees. |
Company Fleet Information - No Information on Record
Offices Information - No Information on Record
Branch Information - No Information on Record
Organisational Chart
- No Information on Record
Company Structure
(Ownership)
Note: One level up and all
levels down
|
Holding |
Company |
Sub |
Comment |
|
100 % - GFE HOLDINGS AG |
GFE-MIR ALLOYS AND MINERAL SA (PTY) LTD |
None |
|
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 |
ABSA |
|
Branch |
ABSA BENONI |
|
Brach Code |
632005 |
|
Bank Account Number |
Declined |
|
Type of Account |
CURRENT |
|
Account Name |
GFE-MIR ALLOYS AND MINERALS SA (PTY)LTD |
|
Overdraft Facilities |
No |
|
Bank Code |
Unavailable |
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 |
55 |
Active Principals
Principal - 1 of 3
HARALD FISCHER
|
Surname |
FISCHER |
|
First Name |
HARALD |
|
ID Number |
6410105001080 |
|
Verified ID Number |
Yes |
|
Current Age |
49 Years 5 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2005/05/01 |
|
Physical Address (at time of Appointment) |
26A PARKHURST ROAD, PARKHURST, JOHANNESBURG, 2193 |
|
Postal Address |
PRIVATE BAG X32, BENMORE, 2010 |
|
Current Tel Number |
Unavailable |
|
Cell number |
Unavailable |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for HARALD FISCHER
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
A M T INVESTMENTS (PTY)LTD |
M1976/000849/07 |
In Business |
37 Years 1 Months |
0 |
No |
|
|
ASSORE LTD |
M1950/037394/06 |
In Business |
63 Years 3 Months |
0 |
No |
|
|
MINERAIS HOLDINGS (PTY)LTD |
M1999/006521/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
ORE AND METAL COMPANY LTD |
M1930/002363/06 |
In Business |
83 Years 11 Months |
0 |
No |
|
|
ZEERUST CHROME MINES LTD |
M1962/001355/06 |
In Business |
51 Years 3 Months |
0 |
No |
|
|
DYOVEST (PTY)LTD |
K2012/124156/07 |
In Business |
2 Years 2 Months |
0 |
No |
|
|
GFE-MIR ALLOYS AND MINERALS SA (PTY)LTD |
M2003/030762/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
|
S AND H PORTFOLIO MANAGEMENT CC |
B2009/026940/23 |
In Business |
5 Years 5 Months |
0 |
No |
|
Principal Deeds
Information
Property Interests
for HARALD FISCHER
|
Title Deed No. |
T249/1997 |
Erf/Site No. |
0 |
|
Deeds Office |
JOHANNESBURG |
Physical Address |
26 PARKHURST PARKHURST RANDBURG |
|
Property Type |
Freehold |
Extent / Size |
730SQM |
|
Purchase Date |
1996/11/09 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
|
Principal - 2 of 3 KARL FISCHER
|
Surname |
FISCHER |
|
First Name |
KARL |
|
Other Names |
STEFFEN |
|
ID Number |
5002146008000 |
|
Verified ID Number |
No |
|
Current Age |
64 Years 1 Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment Date |
2005/02/11 |
|
Physical Address (at time of Appointment) |
ELLYSTRASSE 19, DUSSELDORF, GERMANY, 4059 |
|
Postal Address |
ELLYSTRASSE 19, DUSSELDORF, GERMANY, 4059 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for KARL FISCHER
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
GENERAL NOMINEES (PTY)LTD |
M1951/002960/07 |
In Business |
62 Years 2 Months |
0 |
No |
|
|
GROUP LINE PROJECTS (PTY)LTD |
M1991/000798/07 |
In Business |
22 Years 10 Months |
0 |
No |
|
|
ICERMAX (PTY)LTD |
K2012/089070/07 |
In Business |
1 Years 1 Months |
0 |
No |
|
|
MAIN STREET 350 (PTY)LTD |
M2005/026562/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
MAIN STREET 460 (PTY)LTD |
M2006/021404/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
MAIN STREET 904 (RF) (PTY)LTD |
M2011/008937/07 |
In Business |
2 Years 2 Months |
0 |
No |
|
|
MINERAIS HOLDINGS (PTY)LTD |
M1999/006521/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
ORE AND METAL COMPANY LTD |
M1930/002363/06 |
In Business |
83 Years 11 Months |
0 |
No |
|
|
ORESTEEL INVESTMENTS (PTY)LTD |
M1975/003008/07 |
In Business |
38 Years 2 Months |
0 |
No |
|
|
AFRICAN MINING AND TRUST COMPANY LTD |
M1931/003633/06 |
In Business |
82 Years 10 Months |
0 |
No |
|
|
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 |
|
|
CATO RIDGE DEVELOPMENT COMPANY LTD |
M1956/002268/06 |
In Business |
57 Years 9 Months |
0 |
No |
|
|
CERAMOX (PTY)LTD |
M2000/027163/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
ERF 1263 PARKVIEW EXTENSION 1 (PTY)LTD |
M2005/024880/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
ERVEN 27 AND 28 ILLOVO (PTY)LTD |
M2001/000388/07 |
In Business |
0 |
0 |
No |
|
|
ERVEN 40 AND 41 ILLOVO (PTY)LTD |
M1999/025517/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
RUSTENBURG MINERALS DEVELOPMENT COMPANY (PTY)LTD |
M1968/002462/07 |
In Business |
45 Years 9 Months |
0 |
No |
|
|
THE SACCO COMMUNITY CENTRE |
M2009/013212/08 |
In Business |
4 Years 4 Months |
0 |
No |
|
|
WONDERSTONE 1937 LTD |
M1937/009964/06 |
In Business |
76 Years 4 Months |
0 |
No |
|
|
WONDERSTONE LTD |
M1935/006371/06 |
In Business |
78 Years 6 Months |
0 |
No |
|
|
XERTECH (PTY)LTD |
M2001/006462/07 |
In Business |
0 |
0 |
No |
|
|
ZEERUST CHROME MINES LTD |
M1962/001355/06 |
In Business |
51 Years 3 Months |
0 |
No |
|
|
GFE-MIR ALLOYS AND MINERALS SA (PTY)LTD |
M2003/030762/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
|
S AND H PORTFOLIO MANAGEMENT CC |
B2009/026940/23 |
In Business |
5 Years 5 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 46 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
A M T INVESTMENTS (PTY)LTD |
M1976/000849/07 |
In Business |
37 Years 1 Months |
0 |
No |
|
|
ASSOCIATED ASBESTOS LTD |
M1938/011745/06 |
Deregistration Final |
75 Years 3 Months |
0 |
No |
|
|
CHROAM (PTY)LTD |
M1994/009089/07 |
Deregistration Final |
19 Years 7 Months |
0 |
No |
|
|
FERALLOYS LTD |
M1957/000311/06 |
Deregistration Final |
56 Years 8 Months |
0 |
No |
|
Principal Deeds
Information
Property Interests
for KARL FISCHER
|
Title Deed No. |
T82/2008 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
|
|
Property Type |
Farms |
Extent / Size |
2500.0SQM |
|
Purchase Date |
2007/04/30 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
|
|
Property Interests
for KARL FISCHER |
|||
|
Title Deed No. |
T70145/2004 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
MOSSELBANK PATERNOSTER |
|
Property Type |
Freehold |
Extent / Size |
302.0SQM |
|
Purchase Date |
2004/02/02 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
STANDARD BANK OF SOUTH AFRICA L |
|
Bond Number |
B559682004 |
Bond Amount |
|
Property Interests for KARL FISCHER
|
Title Deed No. |
T75226/2008 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
PATERNOSTER PATERNOSTER |
|
Property Type |
Freehold |
Extent / Size |
541.0SQM |
|
Purchase Date |
2007/12/24 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
|
Property Interests for KARL FISCHER
|
Title Deed No. |
ST3326/2009 |
Erf/Site No. |
3275 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
16 HIGGO GARDENS CAPE TOWN |
|
Property Type |
Sectional Title |
Extent / Size |
86.0SQM |
|
Purchase Date |
2009/01/08 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
I-144672000LG |
Bond Amount |
|
Property Interests for KARL FISCHER
|
Title Deed No. |
ST3326/2009 |
Erf/Site No. |
3275 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
16 HIGGO GARDENS CAPE TOWN |
|
Property Type |
Sectional Title |
Extent / Size |
17.0SQM |
|
Purchase Date |
2009/01/08 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
|
Property Interests for KARL FISCHER
|
Title Deed No. |
T11550/2013 |
Erf/Site No. |
|
|
Deeds Office |
CAPE TOWN |
Physical Address |
VOORSTRAND PATERNOSTER |
|
Property Type |
Freehold |
Extent / Size |
454.0SQM |
|
Purchase Date |
2013/01/13 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
K8692002S |
Bond Amount |
|
Principal - 3 of 3
RUSSEL SYMONS
|
Surname |
SYMONS |
|
First Name |
RUSSEL |
|
ID Number |
6106265042084 |
|
Verified ID Number |
Yes |
|
Current Age |
52 Years 9 Months |
|
Designation |
Managing Director |
|
Status |
Active |
|
Appointment Date |
2005/02/11 |
|
Physical Address (at time of Appointment) |
55 SANPIPER STREET, EBOTSE ESTATE, BENONI, 1500 |
|
Postal Address |
P O BOX 3036, DALVIEW, BRAKPAN, 1544 |
|
Current Tel Number |
0114253001 |
|
Cell number |
0836589798 |
|
Shareholding/Membership |
0.00 |
Principal's Adverse -
No information on record
Business Information
for RUSSEL SYMONS
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
AFRICAN MINING AND TRUST COMPANY LTD |
M1931/003633/06 |
In Business |
82 Years 10 Months |
0 |
No |
|
|
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 |
|
|
CERAMOX (PTY)LTD |
M2000/027163/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
D SACCO ASHMOLEDALES |
4009225057006 |
|
Unknown |
0 |
No |
|
|
ERF 1263 PARKVIEW EXTENSION 1 (PTY)LTD |
M2005/024880/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
ERVEN 27 AND 28 ILLOVO (PTY)LTD |
M2001/000388/07 |
In Business |
0 |
0 |
No |
|
|
ERVEN 40 AND 41 ILLOVO (PTY)LTD |
M1999/025517/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
MAIN STREET 350 (PTY)LTD |
M2005/026562/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
MAIN STREET 460 (PTY)LTD |
M2006/021404/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
MINERAIS HOLDINGS (PTY)LTD |
M1999/006521/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
ORE AND METAL COMPANY LTD |
M1930/002363/06 |
In Business |
83 Years 11 Months |
0 |
No |
|
|
ORESTEEL INVESTMENTS (PTY)LTD |
M1975/003008/07 |
In Business |
38 Years 2 Months |
0 |
No |
|
|
THE SACCO COMMUNITY CENTRE |
M2009/013212/08 |
In Business |
4 Years 4 Months |
0 |
No |
|
|
WONDERSTONE 1937 LTD |
M1937/009964/06 |
In Business |
76 Years 4 Months |
0 |
No |
|
|
XERTECH (PTY)LTD |
M2001/006462/07 |
In Business |
0 |
0 |
No |
|
|
ZEERUST CHROME MINES LTD |
M1962/001355/06 |
In Business |
51 Years 3 Months |
0 |
No |
|
|
CARBON GRAPHITE SHAFTS AND ROTOR MANUFACTURERS CC |
B2002/069903/23 |
Deregistration Process |
0 |
1 |
No |
|
|
COALITION TRADING 577 CC |
B2005/016541/23 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
DYOVEST (PTY)LTD |
K2012/124156/07 |
In Business |
2 Years 2 Months |
0 |
No |
|
|
ERICAN 717-14 CC |
B2009/032566/23 |
In Business |
5 Years 5 Months |
0 |
No |
|
|
GFE-MIR ALLOYS AND MINERALS SA (PTY)LTD |
M2003/030762/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
|
LESWIKENG CARBON (PTY)LTD |
M2000/030234/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
ROB FONTO ELECTRICAL CC |
B1994/024202/23 |
Deregistration Process |
20 Years 8 Months |
0 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business 39 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|||||
|
A M T INVESTMENTS (PTY)LTD |
M1976/000849/07 |
In Business |
37 Years 1 Months |
0 |
No |
|
|||||
|
ASSOCIATED ASBESTOS LTD |
M1938/011745/06 |
Deregistration Final |
75 Years 3 Months |
0 |
No |
|
|||||
|
FERALLOYS LTD |
M1957/000311/06 |
Deregistration Final |
56 Years 8 Months |
0 |
No |
|
|||||
|
LAGERDRAAI ASBESTOS LTD |
M1905/028741/06 |
Deregistration Final |
65 Years 5 Months |
0 |
No |
|
|||||
|
RUSTENBURG MINERALS DEVELOPMENT COMPANY (PTY)LTD |
M1968/002462/07 |
In Business |
45 Years 9 Months |
0 |
No |
|
|||||
|
SOUTH AFRICAN CORUNDUM COMPANY LTD |
M1940/014161/06 |
Deregistration Final |
73 Years 1 Months |
0 |
No |
|
|||||
|
WILLOWBROOK RETIREMENT VILLAGE |
M1998/002377/08 |
In Business |
15 Years 3 Months |
0 |
No |
|
|||||
|
WONDERSTONE LTD |
M1935/006371/06 |
In Business |
78 Years 6 Months |
0 |
No |
|
|||||
|
WRV PROPERTY FOUNDATION |
M1986/003882/08 |
In Business |
27 Years 3 Months |
0 |
No |
|
|||||
|
ALLOMET (PTY)LTD |
M2002/001030/07 |
Deregistration Final |
|
1 |
No |
|
|||||
|
F M C METALLURGICAL (PTY)LTD |
M1989/005616/07 |
Deregistration Final |
25 Years 1 Months |
0 |
No |
|
|||||
|
METALLURG (SOUTH AFRICA) (PTY)LTD |
M1970/010591/07 |
Voluntary Liquidation |
44 Years 8 Months |
0 |
Yes |
|
|||||
|
RATH SOUTH AFRICA (PTY)LTD |
M1999/018807/07 |
Dissolved |
15 Years 3 Months |
0 |
No |
|
|||||
|
REFRAMET INSTALLIONS (PTY)LTD |
M1999/006799/07 |
Deregistration Final |
15 Years 3 Months |
0 |
No |
|
|||||
|
ROVAN PROPERTIES CC |
B1999/046011/23 |
Deregistration Final |
15 Years 3 Months |
0 |
No |
|
|||||
Principal Deeds Information
|
Property Interests for
RUSSEL SYMONS |
|||
|
Title Deed No. |
T4375/2010 |
Erf/Site No. |
|
|
Deeds Office |
JOHANNESBURG |
Physical Address |
8 SAN LAMEER EBOTSE GOLF & COUNTRY ESTATE BENONI |
|
Property Type |
Freehold |
Extent / Size |
752.0SQM |
|
Purchase Date |
2009/11/03 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
A B S A BANK LTD |
|
Bond Number |
B35652010 |
Bond Amount |
|
|
Property Interests for
RUSSEL SYMONS |
|||
|
Title Deed No. |
T11286/2010 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
82 9TH HYDE PARK SANDTON |
|
Property Type |
Freehold |
Extent / Size |
4594.0SQM |
|
Purchase Date |
2009/09/25 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
|
Property Interests for RUSSEL SYMONS
|
Title Deed No. |
T11286/2010 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
40 KILLARNEY HYDE PARK SANDTON |
|
Property Type |
Freehold |
Extent / Size |
3964.0SQM |
|
Purchase Date |
2009/09/25 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
|
|
Property Interests for
RUSSEL SYMONS |
|||
|
Title Deed No. |
T11286/2010 |
Erf/Site No. |
|
|
Deeds Office |
PRETORIA |
Physical Address |
128 9TH HYDE PARK SANDTON |
|
Property Type |
Freehold |
Extent / Size |
5329.0SQM |
|
Purchase Date |
2009/09/25 |
Purchase price |
|
|
% Ownership |
0.00 |
Bond Holder |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.13 |
|
UK Pound |
1 |
Rs.101.17 |
|
Euro |
1 |
Rs.84.59 |
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.