|
Report Date : |
22.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
CROWN NATIONAL (PTY)LTD |
|
|
|
|
Registered Office : |
31 Nguni Drive,
Longmeadow West, Modderfontein |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
04.04.1963 |
|
|
|
|
Com. Reg. No.: |
M1963/001736/07 |
|
|
|
|
Legal Form : |
Private company |
|
|
|
|
Line of Business : |
The subject supplies meat
and chicken products. The product range also includes food and ingredients |
|
|
|
|
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 |
|
Subject
Name |
CROWN
NATIONAL (PTY)LTD |
|
Country |
South
Africa |
|
Enquiry
Terms |
COD |
|
Account
Review |
Recommended
Every 6 Months |
|
Subject
Contact Person |
JANNIE VAN
NIEKERK - Financial Director |
|
Assessment |
This is an
established business. On investigation contact was made with JANNIE VAN
NIEKERK who requested a questionnaire to be sent through for completion. We
have followed up on numerous occasions, he however requested more time to
complete the questionnaire. Please see the available information on the
subject below. |
|
Registered
Name |
CROWN
NATIONAL (PTY)LTD |
|
Trading
as/ Division Name |
CROWN
NATIONAL |
|
Previous
Name |
None |
|
Date of
Name Change |
None |
|
Registration
Number |
M1963/001736/07 |
|
Registration
Date |
1963/04/04 |
|
Date
Commenced Trading |
1963-04-04 |
|
Age of
Business |
51 Years 1
Months |
|
History of
Business |
The
company was established in 1963 and operations commenced immediately. |
|
History of
Principals |
There are
5 active directors within the company. |
|
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 |
The
subject supplies meat and chicken products. The product range also includes
food and ingredients. |
|
Industry/
Customers |
All major
retailers and the general public |
|
Export |
Unknown |
|
Export
Countries |
|
|
Import |
Unknown |
|
Import
Countries |
|
|
Major
Industry Code / SICC |
62202 |
|
Definition
of Code |
Retail
trade in meat and meat products |
|
Head
Office Physical Address |
31 Nguni
Drive, Longmeadow West, MODDERFONTEIN |
|
Head
Office Postal Address |
P O BOX
87274, HOUGHTON, 2041 |
|
Current
Tel Number |
0112019000 |
|
Cell
Number |
None |
|
Current
Fax Number |
0112019180 |
|
Current
Email Address |
|
|
Web Site
Address |
|
|
Comments |
|
|
Company
Registered Name |
DELOITTE
AND TOUCHE ACTUARIES AND CONSULTANTS (PTY)LTD |
|
Trading
Name |
DELOITTE AND
TOUCHE |
|
Registration
Number |
M1999/007618/07 |
|
Physical
Address |
The
Woodlands, 20 Woodlands Drive, Woodmead, Sandton, SOUTH AFRICA |
|
Postal
Address |
PRIVAT BAG
X6, GALLO MANOR, 2052 |
|
Contact
Person |
CHRSTOFFEL |
|
Contact
Number |
0118065000 |
|
Email |
Unavailable |
|
Principals |
2 |
|
Judgements
Against Subject |
None On
Record |
|
Judgements
Against Principals |
None On
Record |
|
Subject
Verified as Client |
Yes |
|
Practice
Number |
902276 |
|
VAT Number |
4460189394 |
|
Tax Number |
9645059644 |
|
BEE Status |
Unavailable |
|
Financial
Year End |
May |
|
No of
years in Business |
6 Years 10
Months |
|
Website |
|
|
Comment |
|
Comment
Previous Auditors
Information - No Information on Record
|
Vat Number |
Unavailable |
|
Status |
|
|
Vat Liable
Date |
|
|
Tax Number |
9484503710 |
|
Tax
Clearance Expire Date |
|
|
Financial
Year End |
Unavailable |
|
Comment |
|
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
Organisation
Chart
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
Director |
HERCULAAS PETRUS |
|
|
HAVENGA |
|
||
|
|
|||
|
1 |
Director |
JAN ABRAHAM VAN NIEKERK |
|
|
|
|||
|
1 |
Director |
RYAN JONATHAN LICHT |
|
|
|
|||
|
1 |
Director |
JOHN HARVEY MORRIS |
|
|
|
|||
|
1 |
Director |
CHARLES ANTHONY |
|
|
CLEGHORN |
|
||
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
- 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 |
49 |
|
Active
Principals Principal - 1 of 5 HERCULAAS HAVENGA |
|
|
Surname |
HAVENGA |
|
First Name |
HERCULAAS |
|
Other
Names |
None |
|
Marital
Status |
|
|
ID Number |
6010295053089 |
|
Verified
ID Number |
Yes |
|
Current
Age |
53 Years 7
Months |
|
Designation |
Managing
Director |
|
Status |
Active |
|
Appointment
Date |
2012/10/01 |
|
Physical
Address (at time of Appointment) |
622 ALASKA
ROAD, FAERIE GLEN, PRETORIA, 0002 |
|
Postal
Address |
PO BOX
66291, WOODHILL, WOODHILL, 0073 |
|
Current
Tel Number |
0129934244 |
|
Cell
number |
0836000600 |
|
Shareholding/Membership |
0.00 |
Business Information for HERCULAAS HAVENGA
Principal Current Business Interests
|
Company
Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
BELLA VISTA ONRUS (PTY)LTD |
M2010/021984/07 |
In Business |
4 Years 4
Months |
0 |
No |
|
|
BIDFOOD SOLUTIONS (PTY)LTD |
M1990/003355/07 |
In
Business |
0 |
0 |
No |
|
|
BIDFOOD TECHNOLOGIES (PTY)LTD |
M2002/012688/07 |
In
Business |
0 |
0 |
No |
|
|
BIDVEST BAKERY SOLUTIONS (PTY)LTD |
M1993/003106/07 |
In
Business |
21 Years 9
Months |
0 |
No |
|
|
BIDVEST FOOD EXPORTS (PTY)LTD |
M1997/015414/07 |
In
Business |
17 Years 5
Months |
0 |
No |
|
|
BIDVEST FOOD SOUTHERN AFRICA (PTY)LTD |
M1972/007857/07 |
In
Business |
42 Years 6
Months |
0 |
No |
|
|
CAESON CC |
B1995/000492/23 |
In
Business |
19 Years 7
Months |
0 |
No |
|
|
CROWN
NATIONAL (PTY)LTD |
M1963/001736/07 |
In
Business |
51 Years 3
Months |
0 |
No |
|
|
DELPRI
(PTY)LTD |
M1999/022107/07 |
In
Business |
15 Years 3
Months |
0 |
No |
|
|
NATIONAL SPICE WORKS (PTY)LTD |
M1973/000594/07 |
In
Business |
41 Years 5
Months |
0 |
No |
|
|
PATLEYS
(PTY)LTD |
M1971/006411/07 |
In
Business |
43 Years 7
Months |
0 |
No |
|
|
SPRINGBOK
CANNERIES (PTY)LTD |
M1905/035763/07 |
Conversion
CO/CC or CC/CO |
64 Years 4
Months |
0 |
No |
|
Principal
Previous Business Interests
|
Company Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
ASOKOR
GEBOUE (PTY)LTD |
M1943/016581/07 |
Deregistration Final |
71 Years
11 Months |
0 |
No |
|
|
COSMOPOLITAN
FOOD INDUSTRIES (PTY)LTD |
M1972/007088/07 |
Deregistration Final |
42 Years 6 Months |
0 |
No |
|
|
ENTERPRISE FOODS (PTY)LTD |
M1993/003464/07 |
In
Business |
21 Years 9 Months |
0 |
No |
|
|
ENTERPRISE VOEDSEL (PIETERSBURG) (PTY)LTD |
M1917/005282/07 |
Deregistration Final |
97 Years 1
Months |
0 |
No |
|
|
JADELINVESTMENTS (PTY)LTD |
M1951/000556/07 |
Deregistration Final |
63 Years 3
Months |
0 |
No |
|
|
STAND 73 |
|
|
15 Years 3 Months |
|
|
|
|
ANDERBOLT |
B1999/067535/23 |
In
Business |
0 |
No |
|
|
|
PROPERTIES
CC |
|
|
|
|
|
Principal
Deeds Information Property
Interests for HERCULAAS
HAVENGA
|
Title Deed
No. |
T96943/2004 |
Erf/Site
No. |
|
|
Deeds
Office |
PRETORIA |
Physical
Address |
4 LOBATSE
WOODHILL PRETORIA |
|
Property
Type |
Freehold |
Extent /
Size |
1205.0SQM |
|
Purchase
Date |
2004/05/07 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
|
|
Comment |
|
||
|
Property Interests for HERCULAAS HAVENGA |
|||
|
Title Deed
No. |
ST90413/2011 |
Erf/Site
No. |
5056 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
680 CONAN
MORELETAPARK PRETORIA |
|
Property
Type |
Sectional
Title |
Extent /
Size |
171.0SQM |
|
Purchase Date |
2011/11/06 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
|
|
Bond
Number |
|
Bond
Amount |
|
|
Comment |
|
||
Principal
- 2 of 5
|
Surname |
VAN
NIEKERK |
|
First Name |
JAN |
|
Other
Names |
None |
|
Marital
Status |
|
|
ID Number |
7808025011080 |
|
Verified
ID Number |
Yes |
|
Current
Age |
35 Years 9
Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2012/10/01 |
|
Physical
Address (at time of Appointment) |
97 SPARREBOSCH
STREET, CAROLINA ROAD, PAARL, 7646 |
|
Postal
Address |
PO BOX
7156, STELLENBOSCH, STELLENBOSCH, 7139 |
|
Current
Tel Number |
0112019100 |
|
Cell
number |
0823392422 |
|
Shareholding/Membership |
0.00 |
Business Information for JAN
VAN NIEKERK
Principal Current Business
Interests
|
Company Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
BIDFOOD SOLUTIONS (PTY)LTD |
M1990/003355/07 |
In Business |
0 |
0 |
No |
|
|
BIDFOOD TECHNOLOGIES (PTY)LTD |
M2002/012688/07 |
In Business |
0 |
0 |
No |
|
|
CROWN
NATIONAL (PTY)LTD |
M1963/001736/07 |
In Business |
51 Years 3
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 JAN VAN NIEKERK
|
Title Deed
No. |
T85157/2007 |
Erf/Site
No. |
|
|
Deeds
Office |
CAPE TOWN |
Physical
Address |
PAARL
PAARL |
|
Property
Type |
Freehold |
Extent /
Size |
640.0SQM |
|
Purchase
Date |
2007/01/30 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
FIRSTRAND
BANK LTD |
|
Bond
Number |
B996482007 |
Bond
Amount |
|
|
Comment |
|
||
Principal
- 3 of 5 RYAN LICHT
|
Surname |
LICHT |
|
First Name |
RYAN |
|
Other
Names |
JONATHAN |
|
Marital
Status |
|
|
ID Number |
7711095080086 |
|
Verified
ID Number |
Yes |
|
Current Age |
36 Years 6
Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2007/06/01 |
|
Physical
Address (at time of Appointment) |
9 LEAFY
LANE, RIVERCLUB, 2193 |
|
Postal
Address |
P.O. BOX
125,STRATHAVEN, STRATHAVEN, 2031 |
|
Current Tel
Number |
0112019088 |
|
Cell
number |
0823315203 |
|
Shareholding/Membership |
0.00 |
Business
Information for RYAN LICHT
Principal
Current Business Interests
|
Company
Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
3663 FIRST
FOR FOOD SERVICE (PTY)LTD |
M1996/004223/07 |
In Business |
18 Years 6
Months |
0 |
No |
|
|
BIDBAKE
(PTY)LTD |
M1946/021671/07 |
In Business |
68 Years 8
Months |
0 |
No |
|
|
BIDFOOD SOLUTIONS (PTY)LTD |
M1990/003355/07 |
In Business |
0 |
0 |
No |
|
|
BIDFOOD TECHNOLOGIES (PTY)LTD |
M2002/012688/07 |
In Business |
0 |
0 |
No |
|
|
BIDVEST BAKERY SOLUTIONS (PTY)LTD |
M1993/003106/07 |
In Business |
21 Years 9
Months |
0 |
No |
|
|
BIDVEST FOOD EXPORTS (PTY)LTD |
M1997/015414/07 |
In Business |
17 Years 5
Months |
0 |
No |
|
|
BIDVEST FOOD SOUTHERN AFRICA (PTY)LTD |
M1972/007857/07 |
In Business |
42 Years 6
Months |
0 |
No |
|
|
BLUE MARINE FROZEN FOODS (PTY)LTD |
M1999/004243/07 |
In Business |
15 Years 3
Months |
1 |
No |
|
|
C C W CATERING SUPPLIES (PTY)LTD |
M1998/005155/07 |
In Business |
16 Years 4
Months |
1 |
No |
|
|
CATERSALES
(PTY)LTD |
M1993/003086/07 |
In Business |
21 Years 9
Months |
0 |
No |
|
|
CHIPKINS CATERING
SUPPLIES (PTY)LTD |
M1993/003084/07 |
In Business |
21 Years 9
Months |
0 |
No |
|
|
CROWN
NATIONAL (PTY)LTD |
M1963/001736/07 |
In Business |
51 Years 3
Months |
0 |
No |
|
|
FIRST FOOD DISTRIBUTORS (PTY)LTD |
M1997/005052/07 |
In Business |
17 Years 5
Months |
0 |
No |
|
|
M AND M
QUALITY CHOICE (PTY)LTD |
M1999/019914/07 |
In Business |
15 Years 3
Months |
0 |
No |
|
|
NATIONAL SPICE WORKS (PTY)LTD |
M1973/000594/07 |
In Business |
41 Years 5
Months |
0 |
No |
|
|
PATLEYS
(PTY)LTD |
M1971/006411/07 |
In Business |
43 Years 7
Months |
0 |
No |
|
|
RFS CATERING SUPPLIES (PTY)LTD |
M1996/004222/07 |
In Business |
18 Years 6
Months |
0 |
No |
|
|
YEASTPRO (PTY)LTD |
M1993/002817/07 |
In
Business |
21 Years 9
Months |
0 |
No |
|
Principal Previous Business Interests
|
Company Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
ANDOSTAR
(PTY)LTD |
M2009/005554/07 |
Deregistration Final |
5 Years 5
Months |
0 |
No |
|
|
CASPROP CONSULTANTS (PTY)LTD |
M1996/016214/07 |
Deregistration Final |
18 Years 6
Months |
0 |
No |
|
|
DIVINE FOODS (PTY)LTD |
M2002/027848/07 |
Deregistration Final |
|
0 |
No |
|
|
EVERYDAY FOODS (PTY)LTD |
M2004/009702/07 |
Deregistration Final |
10 Years
10 Months |
0 |
No |
|
|
INTERNATIONAL
BAKERY INGREDIENTS (PTY)LTD |
M2004/009856/07 |
Deregistration Final |
10 Years
10 Months |
0 |
No |
|
|
NCP YEAST
(PTY)LTD |
M1997/004285/07 |
In
Business |
17 Years 5
Months |
0 |
No |
|
|
TRI-MARK INDUSTRIES
(PTY)LTD |
M2004/009489/07 |
Deregistration Final |
10 Years
10 Months |
0 |
No |
|
Principal
Deeds Information
Property Interests for RYAN
LICHT
|
Title Deed
No. |
T97587/2012 |
Erf/Site
No. |
|
|
Deeds
Office |
PRETORIA |
Physical
Address |
9 LEAFY
RIVERCLUB SANDTON |
|
Property
Type |
Freehold |
Extent /
Size |
1001.0SQM |
|
Purchase
Date |
2012/10/08 |
Purchase
price |
|
|
%
Ownership |
0.00 |
Bond
Holder |
INVESTEC
BANK LTD |
|
Bond
Number |
B589402012 |
Bond
Amount |
|
|
Comment |
|
||
Principal - 4 of 5
JOHN
MORRIS
|
Surname |
MORRIS |
|
First Name |
JOHN |
|
Other
Names |
HARVEY |
|
Marital
Status |
|
|
ID Number |
5905285050089 |
|
Verified
ID Number |
Yes |
|
Current
Age |
55 Years |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
2001/03/28 |
|
Physical
Address (at time of Appointment) |
56
KENRIDGE AVENUE, KENRIDGE, DURBANVILLE, 7550 |
|
Postal
Address |
PO BOX
37200, CHEMPET, 7442 |
|
Current
Tel Number |
0215275020 |
|
Cell
number |
0834582448 |
|
Shareholding/Membership |
0.00 |
Business
Information for JOHN MORRIS
Principal Current Business Interests
|
Company
Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
BIDFOOD SOLUTIONS (PTY)LTD |
M1990/003355/07 |
In Business |
0 |
0 |
No |
|
|
BIDFOOD TECHNOLOGIES (PTY)LTD |
M2002/012688/07 |
In Business |
0 |
0 |
No |
|
|
BIDVEST FOOD SOUTHERN AFRICA (PTY)LTD |
M1972/007857/07 |
In Business |
42 Years 6
Months |
0 |
No |
|
|
CROWN NATIONAL
(PTY)LTD |
M1963/001736/07 |
In Business |
51 Years 3
Months |
0 |
No |
|
|
A M T INVESTMENTS
(PTY)LTD |
M1976/000849/07 |
In Business |
37 Years 1
Months |
0 |
No |
|
Principal Previous Business Interests
|
Company Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
BIDVEST BAKERY SOLUTIONS (PTY)LTD |
M1993/003106/07 |
In
Business |
21 Years 9 Months |
0 |
No |
|
|
FOOD INDUSTRY SUPPLIERS CC |
B1988/022243/23 |
Deregistration Final |
26 Years 2 Months |
0 |
No |
|
|
FOOD INGREDIENTS SPECIALIST CC |
B2000/016200/23 |
Deregistration Final |
14 Years 2
Months |
0 |
No |
|
|
FREDDY HIRSCH GROUP (PTY)LTD |
M1956/000899/07 |
In
Business |
58 Years
10 Months |
0 |
No |
|
Principal Deeds Information
Property Interests for JOHN
MORRIS
|
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 |
|
||
Principal - 5 of 5 CHARLES CLEGHORN
|
Surname |
CLEGHORN |
|
First Name |
CHARLES |
|
Other
Names |
ANTHONY |
|
Marital
Status |
|
|
ID Number |
5002020000000 |
|
Verified
ID Number |
No |
|
Current
Age |
64 Years 3
Months |
|
Designation |
Director |
|
Status |
Active |
|
Appointment
Date |
1988/12/12 |
|
Physical
Address (at time of Appointment) |
21
VINEYARD ROAD, BERGVLIET, 7945 |
|
Postal
Address |
P O BOX
153, MAITLAND, 7405 |
|
Current
Tel Number |
Unavailable |
|
Cell
number |
Unavailable |
|
Shareholding/Membership |
0.00 |
Business Information for CHARLES CLEGHORN
Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
|
|
|
|
|
|
|
Principal
Previous Business Interests
|
Company Name |
Registration No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
CHROAM (PTY)LTD |
M1994/009089/07 |
Deregistration Final |
19 Years 7 Months |
0 |
No |
|
Principal
Deeds Information Property
Interests for CHARLES
CLEGHORN
|
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.58.77 |
|
|
1 |
Rs.99.01 |
|
Euro |
1 |
Rs.80.56 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.