MIRA INFORM REPORT

 

 

Report Date :

19.05.2014

 

IDENTIFICATION DETAILS

 

Name :

C A COMPONENTS TRADING (PTY)LTD

 

 

Registered Office :

William Gourlay Street, Atlantis Business Park, Atlantis Industria, Atlantis, 7349

 

 

Country :

South Africa

 

 

Date of Incorporation :

17.05.2002

 

 

Com. Reg. No.:

M2002/011774/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

The subjects main operation is to manufacture diesel engines, natural gas engines, long blocks, short blocks, cylinder heads, with and without EVB, specialized cylinder heads for natural gas engines, manifolds, crank shafts, connecting rods, camshafts, valves, valve seats, sumps and oil pans

 

 

No. of Employees

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

Unknown

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31, 2014

 

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

South Africa

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately  High Risk

C1

High Risk

 

C2

Very High Risk

 

D

 

 

SOUTH AFRICA - ECONOMIC OVERVIEW

 

South Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors and a stock exchange that is the 16th largest in the world. Even though the country's modern infrastructure supports a relatively efficient distribution of goods to major urban centers throughout the region, unstable electricity supplies retard growth. The global financial crisis reduced commodity prices and world demand. GDP fell nearly 2% in 2009 but has recovered since then, albeit slowly with 2014 growth projected at about 2%. Unemployment, poverty, and inequality - among the highest in the world - remain a challenge. Official unemployment is at nearly 25% of the work force, and runs significantly higher among black youth. Eskom, the state-run power company, has built two new power stations and installed new power demand management programs to improve power grid reliability. Construction delays at two additional plants, however, mean South Africa is operating on a razor thin margin; economists judge that growth cannot exceed 3% until those plants come on line. South Africa's economic policy has focused on controlling inflation, however, the country has had significant budget deficits that restrict its ability to deal with pressing economic problems. The current government faces growing pressure from special interest groups to use state-owned enterprises to deliver basic services to low-income areas and to increase job growth

Source : CIA

 

 

 


Company name

 

Subject Name

C A COMPONENTS TRADING (PTY)LTD

Country

South Africa

Enquiry Terms

COD

Account Review

Recommended Every 6 Months

Subject Contact Person

HELINA AGENBAD - Financial manager

Assessment

On investigation contact was made with HELINA AGENBAD the financial manager who requested a questionnaire to be sent for completion. We have followed up on numerous occasions however she required more time to complete the questionnaire. Please see the available information on the subject below.

 

 

Company Information

 

Registered Name

C A COMPONENTS TRADING (PTY)LTD

Trading as/ Division Name

C A COMPONENTS

Previous Name

None

Date of Name Change

None

Registration Number

M2002/011774/07

Registration Date

2002/05/17

Date Commenced Trading

2002-05-17

Age of Business

12 Years

History of Business

The subject was established in 2002 and operations commenced immediately.

History of Principals

There are currenty 5 active directors within the company.

Shareholders/Members/Partners of subject and % holding

Unavailable

Authorised Share Capital

R1000.00

Issued Share Capital/Members Contribution

R 100.00

Status

In Business

Operations Assessment

The subjects main operation is to manufacture diesel engines, natural gas engines, long blocks, short blocks, cylinder heads, with and without EVB, specialized cylinder heads for natural gas engines, manifolds, crank shafts, connecting rods, camshafts, valves, valve seats, sumps and oil pans

Industry/ Customers

The automotive industry

Export

Unknown

Export Countries

 

Import

Unknown

Import Countries

 

Major Industry Code / SICC

35610

Definition of Code

Manufacture of engines and turbines

Head Office Physical Address

WILLIAM GOURLAY STREET, ATLANTIS BUSINESS PARK, ATLANTIS INDUSTRIA, ATLANTIS, 7349

Head Office Postal Address

POSBUS 3330, PAARL, 7620

Current Tel Number

0215773883

Cell Number

None

Current Fax Number

0215773884

Current Email Address

info@cacomponents.co.za

Web Site Address

www.cacomponents.co.za

Comments

 

 

 

Auditors Information

 

Company Registered Name

C2M CHARTERED ACCONTANTS (SA) INC

Trading Name

C2M CHARTERED ACCONTANTS

Registration Number

M2007/009036/21

Physical Address

TYGERFORUM B, 53 WILLIE VAN SCHOOR AVENUE, TYGERVALLEY, 7530

Postal Address

P O BOX 3347, TYGERVALLEY, 7536

Contact Person

ELIZABETH SCHOEMAN

Contact Number

0219140261

Email

Unavailable

Principals

4

Judgements Against Subject

Unavailable

Judgements Against Principals

Unavailable

Subject Verified as Client

Yes

Practice Number

958662

VAT Number

4670243932

Tax Number

9370031164

BEE Status

Unavailable

Financial Year End

February

No of years in Business

11 Years 10 Months

Website

Unavailable

Comment

 

 

Previous Auditors Information - No Information on Record

 

Tax Information - No Information on Record Black Economic Empowerment

Information - No Information on Record ISO Information - No Information on Record

Work Mans Information - No Information on Record

 

 

Company Structure

 

Subsidiaries Information - No Information on Record Employees

Information - No Information on Record Company Fleet

Offices Information - No Information on Record Branch

Information - No Information on Record

 

 

Management Overview

 

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

 

 

Adverse Information on Subject

 

Judgements - No information on record BusinessRescue –

No Information on Record

 

Default Listing - No information on record

 

Notarial Bonds - No information on record

 

Bank Information - No Information on Record Bank Code History

- No Information on Record

Previous Bank Account Information - No Information on Record Deeds

Information - No information on record

 

 

Principals

 

Number of Principals

5

Average Age of Active Principals

52

Active Principals Principal - 1 of 5 MARTHINUS JANSEN VAN VUUREN

Surname

JANSEN VAN VUUREN

First Name

MARTHINUS

Other Names

None

Marital Status

 

ID Number

5705095101084

Verified ID Number

Yes

Current Age

57 Years

Designation

Director

Status

Active

Appointment Date

2010/12/15

Physical Address (at time of Appointment)

PARK RYLAAN 61, LANGEBAAN, 7357

Postal Address

PARK RYLAAN 61, LANGEBAAN, 7357

Current Tel Number

0215773883

Cell number

 

Shareholding/Membership

0.00

 

Business Information for MARTHINUS JANSEN VAN VUUREN

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

C A COMPONENTS TRADING (PTY)LTD

M2002/011774/07

In Business

0

0

No

 

CENTRE FOR AUTOMOTIVE COMPONENTS (PTY)LTD

M2001/004072/07

In Business

13 Years 1 Months

0

No

 

MP JANSEN VAN VUUREN

5705095101084

 

Unknown

0

No

 

 

Principal Previous Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

TINEZE INVESTMENTS CC

B2007/178531/23

In Business

7 Years 7 Months

0

No

 

VOSTRADE 036 CC

B2005/135359/23

Deregistration Process

9 Years 9 Months

1

No

 

TIGRUS PROPERTY MANAGEMENT CC

B2004/020278/23

Deregistration Final

9 Years 9 Months

0

No

 

UNIWORKS CONSTRUCTION CC

B2006/018028/23

Deregistration Process

7 Years 7 Months

0

No

 

 

Principal Deeds Information Property Interests for

MARTHINUS JANSEN VAN VUUREN

 

Title Deed No.

T114876/2001

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

49 VILLAGE IRENE CENTURION

Property Type

Freehold

Extent / Size

701.0SQM

Purchase Date

2001/05/22

Purchase price

 

% Ownership

0.00

Bond Holder

SAAMBOU BANK LTD

Bond Number

B764842001

Bond Amount

 

Comment

 

 

THOMAS TESNER

 

Surname

TESNER

First Name

THOMAS

Other Names

None

Marital Status

 

ID Number

6512155093089

Verified ID Number

Yes

Current Age

48 Years 5 Months

Designation

Director

Status

Active

Appointment Date

2010/12/15

Physical Address (at time of Appointment)

29 KERK STREET, HOPEFILED, 7355

Postal Address

29 KERK STREET, HOPEFILED, 7355

Current Tel Number

0215773883

Cell number

0828211840

Shareholding/Membership

0.00

 

Business Information for THOMAS TESNER

 

Principal Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

C A COMPONENTS TRADING (PTY)LTD

M2002/011774/07

In Business

0

0

No

 

CENTRE FOR AUTOMOTIVE COMPONENTS (PTY)LTD

M2001/004072/07

In Business

13 Years 1 Months

0

No

 

 

Principal Previous Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

 

 

 

 

 

 

 

 

Principal Deeds Information

 

Property Interests for THOMAS TESNER

Title Deed No.

T71003/2000

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

49 CHURCH HOPEFIELD HOPEFIELD

Property Type

Freehold

Extent / Size

2330.0SQM

Purchase Date

2000/07/12

Purchase price

 

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA L

Bond Number

B449632000

Bond Amount

 

Comment

 

Property Interests for THOMAS TESNER

Title Deed No.

T32402/2011

Erf/Site No.

 

Deeds Office

PRETORIA

Physical Address

HYDE PARK SANDTON

Property Type

Freehold

Extent / Size

2050.0SQM

Purchase Date

2011/03/21

Purchase price

 

% Ownership

0.00

Bond Holder

 

Bond Number

K28291977S

Bond Amount

 

Comment

 

 

LUIGI MARZOLCA

Surname

MARZOLCA

First Name

LUIGI

Other Names

None

Marital Status

 

ID Number

4504025067106

Verified ID Number

Yes

Current Age

69 Years 1 Months

Designation

Director

Status

Active

Appointment Date

2009/12/09

Physical Address (at time of Appointment)

PROTEA STREET, 16 PAARL, 7646

Postal Address

P O BOX 1530, BELLVILLE, 7535

Current Tel Number

0215573883

Cell number

0832503645

Shareholding/Membership

0.00

 

Business Information for LUIGI MARZOLCA

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

C A COMPONENTS TRADING (PTY)LTD

M2002/011774/07

In Business

0

0

No

 

CENTRE FOR AUTOMOTIVE COMPONENTS (PTY)LTD

M2001/004072/07

In Business

13 Years 1 Months

0

No

 

ESSENTIAL PROSPECTS 117 CC

2004/069114/23

In Business

10 Years 10 Months

0

No

 

LANGVERWACHT

4504025067106

 

Unknown

0

No

 

PENINSULA BRAKE AND TRUCK SPARES CC

B1996/017991/23

In Business

18 Years 6 Months

0

No

 

PROPMIND THIRTEEN (PTY)LTD

M1999/015969/07

In Business

15 Years 3 Months

0

No

 

S P AIR BRAKE AND CLUTCH (PTY)LTD

M2005/028835/07

In Business

9 Years 9 Months

0

No

 

S P DIESEL TECH (PTY)LTD

M2005/027669/07

In Business

9 Years 9 Months

0

No

 

S P M E FINANCING (PTY)LTD

M2005/010996/07

In Business

9 Years 9 Months

0

No

 

S P M E IMPORTS AND EXPORTS (PTY)LTD

M1998/015342/07

Conversion CO/CC or CC/CO

16 Years 4 Months

0

No

 

S P M E

INDUSTRIES

(PTY)LTD

M1988/001645/07

Deregistration Process

26 Years 2 Months

0

No

 

S P M E INDUSTRIES GROUP HOLDINGS (PTY)LTD

M2005/004213/07

In Business

9 Years 9 Months

0

No

 

S P M E

PROPERTIES

(PTY)LTD

M2005/031854/07

In Business

9 Years 9 Months

0

No

 

S P M E

PROPSHAFT

(PTY)LTD

M2007/004996/07

In Business

7 Years 7 Months

0

No

 

S P RADIATORS CC

B1993/011384/23

Conversion CO/CC or CC/CO

21 Years 9 Months

0

No

 

STRAND EARTHMOVING REPAIRS CC

B1985/004630/23

In Business

29 Years 5 Months

0

No

 

 

USEC TRUCK AND BUS SPARES (PTY)LTD

M2005/009061/07

In Business

9 Years 9 Months

0

No

 

WESTERN

PROVINCE

CAMSHAFT

MANUFACTURERS

CC

B1996/030148/23

Deregistration Process

18 Years 6 Months

0

No

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

D A A INVESTMENTS CC

B1989/039122/23

In Business

25 Years 1 Months

0

No

 

GOLDEN POND TRADING 178 (PTY)LTD

2004/020528/07

Deregistration Final

10 Years 10 Months

0

No

 

NEUROCK TRUCK AND BUS (PTY)LTD

M1967/006716/07

Deregistration Final

47 Years 11 Months

0

No

 

POWER BRAKE AND CLUTCH (CAPE) CC

B1994/038299/23

Deregistration Final

20 Years 8 Months

0

No

 

ROBLIN

MANUFACTURING CC

B2007/090761/23

In Business

7 Years 7 Months

0

No

 

STAALWERKE HUURDIENS CC

M1985/007978/23

Dissolved

29 Years 5 Months

0

No

 

STRAND BRAKE AND CLUTCH CC

B1985/014698/23

Deregistration Final

29 Years 5 Months

0

No

 

STRAND PRECISION MOTOR ENGINEERS (PTY)LTD

M1999/022959/07

In Business

15 Years 3 Months

0

No

 

SUMMER STRAND

TRANSPORTERS

(PTY)LTD

M1990/002766/07

Dissolved

 

0

No

 

THE CRUCK CHAIR MAN (PTY)LTD

M2007/003142/07

Conversion CO/CC or CC/CO

7 Years 7 Months

0

No

 

WAPASCO (PTY)LTD

M1986/002821/07

Deregistration Final

28 Years 4 Months

4

No

 

MIDNIGHT STORM INVESTMENTS 19 (PTY)LTD

M2003/024697/07

In Business

10 Years 10 Months

0

No

 

MIDNIGHT STORM INVESTMENTS 36 (PTY)LTD

M2003/025889/07

Deregistration Final

10 Years 10 Months

0

No

 

 

Principal Deeds Information

 

Principal Previous Business Interests

 

Property Interests for LUIGI MARZOLCA

 

Title Deed No.

T9930/1999

Erf/Site No.

0

Deeds Office

PRETORIA

Physical Address

118 CENTURION EAST CENTURION GOLF ESTATE CENTURION

Property Type

Freehold

Extent / Size

706.0SQM

Purchase Date

1998/11/11

Purchase price

 

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B54851999

Bond Amount

 

Comment

 

 

MICHELE MARZOCCA

 

Surname

MARZOCCA

First Name

MICHELE

Other Names

MARZOC

Marital Status

 

ID Number

7307245108081

Verified ID Number

Yes

Current Age

40 Years 10 Months

Designation

Director

Status

Active

Appointment Date

2008/05/15

Physical Address (at time of Appointment)

16 CHEVE STREET, PAARL, 7645

Postal Address

PO BOX 65, HUGUENOT, PAARL, 7635

Current Tel Number

0218625400

Cell number

0845708673

Shareholding/Membership

0.00

 

Business Information for MICHELE MARZOCCA

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

C A COMPONENTS TRADING (PTY)LTD

M2002/011774/07

In Business

0

0

No

 

CENTRE FOR AUTOMOTIVE COMPONENTS (PTY)LTD

M2001/004072/07

In Business

13 Years 1 Months

0

No

 

D A A

INVESTMENTS CC

B1989/039122/23

In Business

25 Years 1 Months

0

No

 

S P AIR BRAKE AND CLUTCH (PTY)LTD

M2005/028835/07

In Business

9 Years 9 Months

0

No

 

S P M E FINANCING (PTY)LTD

M2005/010996/07

In Business

9 Years 9 Months

0

No

 

S P M E

INDUSTRIES

(PTY)LTD

M1988/001645/07

Deregistration Process

26 Years 2 Months

0

No

 

S P M E INDUSTRIES GROUP HOLDINGS (PTY)LTD

M2005/004213/07

In Business

9 Years 9 Months

0

No

 

S P M E

PROPERTIES

(PTY)LTD

M2005/031854/07

In Business

9 Years 9 Months

0

No

 

THE CRUCK CHAIR MAN (PTY)LTD

M2007/003142/07

Conversion CO/CC or CC/CO

7 Years 7 Months

0

No

 

THE TRUCK CHAIR MAN CC

B2009/197909/23

In Business

5 Years 5 Months

0

No

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

PENINSULA BRAKE AND TRUCK SPARES CC

B1996/017991/23

In Business

18 Years 6 Months

0

No

 

ROBLIN

MANUFACTURING CC

B2007/090761/23

In Business

7 Years 7 Months

0

No

 

 

Principal Deeds Information

 

Principal Previous Business Interests

 

Property Interests for MICHELE MARZOCCA

 

Title Deed No.

T49152/2001

Erf/Site No.

 

Deeds Office

CAPE TOWN

Physical Address

16 CHEVE LEMOENKLOOF PAARL

Property Type

Freehold

Extent / Size

776.0SQM

Purchase Date

2001/05/03

Purchase price

 

% Ownership

0.00

Bond Holder

B O E BANK LTD

Bond Number

B334782001

Bond Amount

 

Comment

 

Property Interests for MICHELE MARZOCCA

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

 

Comment

 

 


GERRIT MYBURGH

 

Surname

MYBURGH

First Name

GERRIT

Other Names

None

Marital Status

 

ID Number

6812275210088

Verified ID Number

Yes

Current Age

45 Years 5 Months

Designation

Director

Status

Active

Appointment Date

2002/07/25

Physical Address (at time of Appointment)

35 FOURTH AVENUE, MELKBOSSTRAND, 7441

Postal Address

PRIVAATSAK X2, DASSENBERG, 7350

Current Tel Number

0215773883

Cell number

0836334877

Shareholding/Membership

0.00

 

Business Information for GERRIT MYBURGH Principal

Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

C A COMPONENTS TRADING (PTY)LTD

M2002/011774/07

In Business

0

0

No

 

CENTRE FOR AUTOMOTIVE COMPONENTS (PTY)LTD

M2001/004072/07

In Business

13 Years 1 Months

0

No

 

FASTSERV TRADING 65 (PTY)LTD

M2005/025782/07

In Business

9 Years 9 Months

0

No

 

S P M E

PROPSHAFT

(PTY)LTD

M2007/004996/07

In Business

7 Years 7 Months

0

No

 

 

Principal Previous Business Interests

 

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

 

 

Principal Deeds Information Property Interests

for GERRIT MYBURGH

Title Deed No.

 

Erf/Site No.

 

Deeds Office

 

Physical Address

 

Property Type

 

Extent / Size

 

Purchase Date

 

Purchase price

 

% Ownership

 

Bond Holder

 

Bond Number

 

Bond Amount

 

Comment

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.58.86

UK Pound

1

Rs.98.82

Euro

1

Rs.80.71

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

PDT

 

               

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.