MIRA INFORM REPORT

 

 

Report Date :

20.11.2014

 

IDENTIFICATION DETAILS

 

Name :

SAFAL STEEL (PTY)LTD

 

 

Registered Office :

Safal Steel Metal Coating Complex, Old Main Road (R103), Cato Ridge, 3680

 

 

Country :

South Africa

 

 

Date of Incorporation :

03.10.1996

 

 

Com. Reg. No.:

M1996/013449/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

The subject is a major manufacturer and supplier of coated steel and roofing products, it also manufactures aluminium zinc coated steel which are supplied both local and global markets.

 

 

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 :

No complaints

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 – June 1, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

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 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

SAFAL STEEL (PTY)LTD

Country

South Africa

Subject Contact Person

BALRAM PILLAY - FINANCIAL DIRECTOR

Assessment

This is an established business. On investigation contact was made with BALRAM PILLAY the financial director, who requested the name of the principal enquirer before she may assist with any information. Please see the available information on the subject below.

 

 

Company Information

 

Registered Name

SAFAL STEEL (PTY)LTD

Trading as/ Division Name

None

Previous Name

None

Date of Name Change

2007-01-22

Registration Number

M1996/013449/07

Registration Date

1996/10/03

Date Commenced Trading

1996-10-03

Age of Business

18 Years 1 Months

History of Business

The subject is part of the Safal Group. The group companies were restructured into the holding company in 2003 to incorporate the companies throughout eastern, central and Southern Africa, some of which have been in operation for over 100 years.

History of Principals

There are 10 active principals within the subject

Shareholders/Members/Partners of subject and % holding

Unavailable

Status

In Business

Operations Assessment

The subject is a major manufacturer and supplier of coated steel and roofing products, it also manufactures aluminium zinc coated steel which are supplied both local and global markets.

Industry/ Customers

The subjects main customers are in the mining and private industries

Major Industry Code / SICC

35101

Definition of Code

Basic iron and steel industries, except steel pipe and tube mills

Head Office Physical Address

SAFAL STEEL METAL COATING COMPLEX, OLD MAIN ROAD (R103), CATO RIDGE, 3680

Head Office Postal Address

PO BOX 29240, MAYTIME CENTRE, KLOOF, 3634

Current Tel Number

0317825500

Current Fax Number

0317821400

Current Email Address

info@safalsteel.co.za

Web Site Address

www.safalsteel.co.za

 

 

Auditors Information

 

Company Registered Name

GRANT THORNTON SOUTH AFRICA INC

Trading Name

GRANT THORNTON

Registration Number

M1994/001166/21

Physical Address

2nd Floor, 4 Pencarrow Crescent, Pencarrow Park, La Lucia Ridge Office Estate, 4019

Postal Address

PRIVATE BAG X28, BENMORE, 2010

Contact Person

Unavailable

Contact Number

0315765500

Email

Unavailable

Principals

33

Judgements Against Subject

None On Record

Judgements Against Principals

None On Record

Subject Verified as Client

Yes

Practice Number

903485

VAT Number

Unavailable

Tax Number

9213628846

BEE Status

Unavailable

Financial Year End

February

No of years in Business

Unavailable

Website

www.gt.co.za

Comment

 

 

Previous Auditors Information - No Information on Record

 

 

Tax Information

 

Vat Number

4380162265

Status

ACTIVE

Vat Liable Date

1996/09/01

Tax Number

9478286843

Tax Clearance Expire Date

 

Financial Year End

December

Comment

 

 

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 Information - No Information on Record

Offices Information - No Information on Record

Branch Information - No Information on Record

 

 

Management Overview

 

Organisation Chart

 

Level

Position

Name

Comment

 

1

DIRECTOR

UDIAN AMRITLAL SHAH SHAH

 

 

1

DIRECTOR

EIICHI FUJI

 

1                                     DIRECTOR                           TOSHIHIKO TAKAHASHI

1

DIRECTOR

NELATUR RANGASWAMY NARAYANAN

 

 

1

DIRECTOR

RONALD DOUGLAS GRAHAM

 

 

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

 

Property Interests for Company SAFAL STEEL (PTY)LTD

 

Title Deed No.

T2137/1976

Erf/Site No.

25

Deeds Office

PRETORIA

Physical Address

16 STAFFORD 2245-0600-000 SANDTON

Property Type

Farms

Extent / Size

92300.00000000

Purchase Date

1975/09/18

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

 

Bond Number

B23481976

Bond Amount

R 0.00

Comment

 

 

Title Deed No.

T25585/1970

Erf/Site No.

1306

Deeds Office

PRETORIA

Physical Address

97 HILDA 2245-1060-000 PARKMORE JHB

Property Type

Farms

Extent / Size

254400.00000000

Purchase Date

1970/04/18

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

 

Bond Number

B201871970

Bond Amount

R 0.00

Comment

 

 

Title Deed No.

T38402/1988

Erf/Site No.

285

Deeds Office

PRETORIA

Physical Address

20 JEAN 2243-0060-000 RANDBURG

Property Type

Farms

Extent / Size

1217700.00000000

Purchase Date

1988/05/09

Purchase price

R140000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

Title Deed No.

T40239/2007

Erf/Site No.

50

Deeds Office

PIETERMARITZBURG

Physical Address

1642-0060-000 CATO RIDGE

Property Type

Freehold

Extent / Size

 

Purchase Date

2006/11/14

Purchase price

R 27740611.00

% Ownership

0.00

Bond Holder

NEDBANK LTD

Bond Number

B467962007

Bond Amount

R14700000.00

Comment

 

 

Title Deed No.

T5321/1970

Erf/Site No.

287

Deeds Office

PRETORIA

Physical Address

22 JEAN 2243-0060-000 RANDBURG

Property Type

Farms

Extent / Size

1217700.00000000

Purchase Date

1969/10/18

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

 

Bond Number

B42431970

Bond Amount

R 0.00

Comment

 

 

 

Principals

 

Number of Principals

10

Average Age of Active Principals

53

Number of Inactive Principals

 

Active Principals Active Principal - 1 of 10 UDIAN SHAH

Surname

SHAH

First Name

UDIAN

Other Names

AMRITLAL

Marital Status

 

ID Number

7612167610000

Verified ID Number

No

Current Age

63 Years 4 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2013/03/13

Physical Address (at time of Appointment)

3 THE HAMPTON, 8 GRANVILLE ROAD, MORNINGSIDE, SANDTON, 2196

Postal Address

P O BOX 651422, BENMORE, 2010

Current Tel Number

0317825500

Cell number

 

Shareholding/Membership

0.00

 

Business Information for UDIAN SHAH

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SAFAL STEEL (PTY)LTD

M1996/013449/07

In Business

18 Years 6 Months

0

No

 

SAFINTRA

INVESTMENTS

(PTY)LTD

M1997/005426/07

In Business

17 Years 5 Months

0

No

 

 

Principal Deeds Information

Property Interests for UDIAN SHAH

 

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

 

 

Active Principal - 2 of 10

EIICHI FUJI

 

Surname

FUJI

First Name

EIICHI

Other Names

 

Marital Status

 

ID Number

6911150000000

Verified ID Number

No

Current Age

45 Years

Designation

DIRECTOR

Status

Active

Appointment Date

2012/07/20

Physical Address (at time of Appointment)

2-2-26-601 KOYAMADAL, SHINAGAWA- KU, TOKYO JAPAN, POSTAL CODE 142-0061, 0000

Postal Address

NIHONBASHI 1 - CHOME BUILDING, 4-1 NIHONBASHI, 1 - CHOME CHUO- KU TOKYO, 103­8247 JAPAN, 0000

Current Tel Number

 

Cell number

 

Shareholding/Membership

0.00

 

Business Information for EIICHI FUJI

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SAFAL STEEL (PTY)LTD

M1996/013449/07

In Business

18 Years 6 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

 

 

 

 

 

 

 

 

Principal Deeds Information

Property Interests for EIICHI FUJI

 

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

 

 

Active Principal - 3 of 10

TOKIO MIYAO

 

Surname

MIYAO

First Name

TOKIO

Other Names

 

Marital Status

 

ID Number

6205170000000

Verified ID Number

No

Current Age

52 Years 6 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2011/04/01

Physical Address (at time of Appointment)

2-7 6- CHOME FUJI, MACHI NASHI - TOKYO CITY, TOKYO 202 - 0014, JAPAN, 0000

Postal Address

168 - 0074, JAPAN, 0000

Current Tel Number

 

Cell number

 

Shareholding/Membership

0.00

Report Extracted on: 14-11-2014 10:42:50

Page 12 of 30 pages

 

Business Information for TOKIO MIYAO

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SAFAL STEEL (PTY)LTD

M1996/013449/07

In Business

18 Years 6 Months

0

No

 

 

Principal Previous Business Interests

Average Age of Previous Business

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

 

 

 

 

 

 

 

 

Principal Deeds Information

Property Interests for TOKIO MIYAO

 

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

 

 

Active Principal - 4 of 10

TOSHIHIKO TAKAHASHI

 

Surname

TAKAHASHI

First Name

TOSHIHIKO

Other Names

 

Marital Status

 

ID Number

6103110000000

Verified ID Number

No

Current Age

53 Years 8 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2010/07/15

Physical Address (at time of Appointment)

1-67-11-507 HIYIRIYAMA KONAN-KU, YOKOHAMA CITY, KANAGAWA-PREF, 233-0015 JAPAN, 0000

Postal Address

NIHONBASHI 1 CHOME BUILDING, 4 -1 NIHONBASHI 1 CHOME, CHUO- KU, TOKYO 103 8247 JAPAN, 0000

Current Tel Number

 

Cell number

 

Shareholding/Membership

0.00

 

Business Information for TOSHIHIKO TAKAHASHI

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SAFAL STEEL (PTY)LTD

M1996/013449/07

In Business

18 Years 6 Months

0

No

 

 

Principal Previous Business Interests

Average Age of Previous Business

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

 

 

 

 

 

 

 

 

Principal Deeds Information

Property Interests for TOSHIHIKO TAKAHASHI

 

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

 

 

Active Principal - 5 of 10

PAULA NEL

 

Surname

NEL

First Name

PAULA

Other Names

 

Marital Status

 

ID Number

6704120116083

Verified ID Number

Yes

Current Age

47 Years 7 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2009/05/12

Physical Address (at time of Appointment)

71 COTSWOLD DRIVE, WESTVILLE, KWAZULU NATAL, 3629

Postal Address

71 COTSWOLD DRIVE, WESTVILLE, KWAZULU NATAL, 3629

Current Tel Number

0312670730

Cell number

0832593983

Shareholding/Membership

0.00

 

Business Information for PAULA NEL

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

CHESTERVILLE

SIMUNYE

PROJECTS

K2013/070240/08

In Business

1 Years 1 Months

0

No

 

SANDISA

UKUXHUMANA

(PTY)LTD

K2011/126059/07

Deregistration Process

3 Years 3 Months

0

No

 

BUSINESS VENTURE INVESTMENTS NO 1684 (PTY)LTD

K2012/039407/07

Deregistration Process

2 Years 2 Months

0

No

 

CANNISTRARO INVESTMENTS 270 (PTY)LTD

M2010/022854/07

Deregistration Process

4 Years 4 Months

0

No

 

HEBEI BUILDING

MATERIALS

INDUSTRY DESIGN AND RESEARCH INSTITUTE-SOUTH AFRICA (PTY)LTD

M2010/017905/07

In Business

4 Years 4 Months

0

No

 

HENDISA

INVESTMENTS

(PTY)LTD

M2004/006456/07

In Business

10 Years 10 Months

0

No

 

HESTITRIX (PTY)LTD

M2010/015274/07

In Business

4 Years 4 Months

0

No

 

IMBUMBA

AGANANG

FACILITIES

MANAGEMENT

(PTY)LTD

M2006/035913/07

In Business

8 Years 8 Months

0

No

 

IMBUMBA

AGANANG PRIVATE PARTY (PTY)LTD

M2008/028997/07

In Business

6 Years 6 Months

0

No

 

IMVELO FACILITIES

MANAGEMENT

(PTY)LTD

K2012/075493/07

Deregistration Process

2 Years 2 Months

0

No

 

K2014000273 (PTY)LTD

K2014/000273/07

In Business

0

0

No

 

KHULISANI FOUNDATION

M2010/017808/08

In Business

4 Years 4 Months

0

No

 

LULAMA

PROPERTY

MANAGEMENT

COMPANY

(PTY)LTD

M2010/017169/07

In Business

4 Years 4 Months

0

No

 

MESIDOX (PTY)LTD

M2010/001440/07

In Business

4 Years 4 Months

0

No

 

NYASULU

HOLDINGS

(PTY)LTD

M2006/035786/07

In Business

8 Years 8 Months

0

No

 

ORYX PROPERTIES LTD

(INCORPORATED IN NAMIBIA)

M2009/021738/10

In Business

5 Years 5 Months

0

No

 

PHAMOG

PROPERTIES

(PTY)LTD

K2013/103000/07

In Business

1 Years 1 Months

0

No

 

RAINBOW PEPPER TRADING 103 (PTY)LTD

M2010/002457/07

Deregistration Process

4 Years 4 Months

0

No

 

SAFINTRA

ROOFING AND

STEEL

BLOEMFONTEIN

(PTY)LTD

M2008/014485/07

Deregistration Final

6 Years 6 Months

0

No

 

SAMURAI SUN INVESTMENTS (PTY)LTD

M2009/022358/07

In Business

5 Years 5 Months

0

No

 

SINVENT

INVESTMENTS 245 (PTY)LTD

M2011/007767/07

In Business

3 Years 3 Months

0

No

 

SMART WORX BPO (PTY)LTD

M2011/004416/07

In Business

3 Years 3 Months

0

No

 

WIPCOAL

INVESTMENTS

(PTY)LTD

M2007/006024/07

Deregistration Process

7 Years 7 Months

0

No

 

DELTA PROPERTY FUND LTD

M2002/005129/06

In Business

0

0

No

 

HEBEI BUILDING

MATERIALS

INDUSTRY DESIGN AND RESEARCH INSTITUTE

(INCORPORATED IN CHINESE

REPUBLIC)

K2013/057472/10

In Business

1 Years 1 Months

0

No

 

 

Average Age of Previous Business                  18 Years

 

Principal Previous Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BLUE HERON (PTY)LTD

M1989/000004/07

In Business

25 Years 1 Months

0

No

 

CANTILLON INVESTMENT MANAGERS (PTY)LTD

M2003/017461/07

In Business

11 Years 11 Months

1

No

 

DUNE LARK

INVESTMENTS

(PTY)LTD

M1987/003437/07

In Business

27 Years 3 Months

0

No

 

ERF 84-85-86 SHAKAS HEAD (PTY)LTD

M1998/004827/07

In Business

16 Years 4 Months

0

No

 

FORKTAILED DRONGO

INVESTMENTS

(PTY)LTD

M1987/004326/07

Deregistration Final

27 Years 3 Months

0

No

 

GREY HERON

INVESTMENTS

(PTY)LTD

M1987/003440/07

In Business

27 Years 3 Months

0

No

 

GRINDROD ASSET

MANAGEMENT

(PTY)LTD

M2004/024647/07

In Business

10 Years 10 Months

0

No

 

JRAD INVESTMENTS (PTY)LTD

M1998/016920/07

In Business

16 Years 4 Months

0

No

 

MARRIOTT LIFE LTD

M2003/017456/06

Deregistration Final

11 Years 11 Months

0

No

 

MERCHANT WEST CAPITAL MARKETS (PTY)LTD

M1999/000113/07

In Business

15 Years 3 Months

2

No

 

MOUNT EDGECOMBE BUSINESS PARK (PTY)LTD

M2003/017447/07

Deregistration Process

11 Years 11 Months

0

No

 

PORTION 4 OF ERF 12445 DURBAN (PTY)LTD

M1997/001350/07

Deregistration Final

17 Years 5 Months

0

No

 

PORTION 5 OF ERF 12445 DURBAN (PTY)LTD

M1998/005072/07

Deregistration Final

16 Years 4 Months

0

No

 

ROCK KESTREL

INVESTMENTS

(PTY)LTD

M1987/003444/07

In Business

27 Years 3 Months

0

No

 

S A RETAIL

PROPERTIES

(PTY)LTD

M1999/025764/07

In Business

15 Years 3 Months

0

No

 

SA CORPORATE REAL ESTATE FUND MANAGERS LTD

M1994/009895/06

In Business

20 Years 8 Months

0

No

 

SOUTHERN TANKERS (PTY)LTD

M2004/024383/07

Deregistration Final

10 Years 10 Months

0

No

 

STONDELL

INVESTMENTS

(PTY)LTD

M1969/005217/07

In Business

45 Years 9 Months

0

No

 

TREASURY MANAGEMENT SYSTEMS (PTY)LTD

M1998/012348/07

In Business

16 Years 4 Months

0

No

 

UMLAZI MEGA CITY (PTY)LTD

M2004/005452/07

In Business

10 Years 10 Months

0

No

 

VOPAK EYETHU TERMINALS (PTY)LTD

M2004/024191/07

Deregistration Process

10 Years 10 Months

0

No

 

WHIRLPROPS 25 (PTY)LTD

M2000/013924/07

In Business

14 Years 2 Months

0

No

 

WHIRLPROPS 56 (PTY)LTD

M2004/024411/07

Deregistration Final

10 Years 10 Months

0

No

 

WIDAH BIRD

INVESTMENTS

(PTY)LTD

M1987/004314/07

Deregistration Final

27 Years 3 Months

0

No

 

WOOD IBIS

 

 

27 Years 3 Months

 

 

 

INVESTMENTS (PTY)LTD

M1987/003435/07

In Business

 

 

0

No

 

 

Principal Deeds Information

Property Interests for PAULA NEL

 

Title Deed No.

ST23611/2014

Erf/Site No.

53

Deeds Office

PIETERMARITZBURG

Physical Address

DURBAN

Property Type

U

Extent / Size

71.0SQM

Purchase Date

2014/04/08

Purchase price

R 700000.00

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA L

Bond Number

SB125122014

Bond Amount

R 630000.00

Comment

 

Property Interests for PAULA NEL

Title Deed No.

ST23611/2014

Erf/Site No.

53

Deeds Office

PIETERMARITZBURG

Physical Address

DURBAN

Property Type

U

Extent / Size

17.0SQM

Purchase Date

2014/04/08

Purchase price

R 700000.00

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA L

Bond Number

SB125122014

Bond Amount

R 630000.00

Comment

 

Property Interests for PAULA NEL

Title Deed No.

T15710/2007

Erf/Site No.

864

Deeds Office

PIETERMARITZBURG

Physical Address

738 KING CETSHWAYO SHERWOOD DURBAN

Property Type

E

Extent / Size

 

Purchase Date

2006/12/05

Purchase price

R 800000.00

% Ownership

0.00

Bond Holder

STANDARD BANK

Bond Number

B147381992

Bond Amount

R140000.00

Comment

 

Property Interests for PAULA NEL

Title Deed No.

T15710/2007

Erf/Site No.

864

Deeds Office

PIETERMARITZBURG

Physical Address

SHERWOOD DURBAN

Property Type

E

Extent / Size

 

Purchase Date

2006/12/05

Purchase price

R 800000.00

% Ownership

0.00

Bond Holder

STANDARD BANK

Bond Number

B147381992

Bond Amount

R140000.00

Comment

 

 

Active Principal - 6 of 10

NELATUR NARAYANAN

 

Surname

NARAYANAN

First Name

NELATUR

Other Names

RANGASWAMY

Marital Status

 

ID Number

5805230000000

Verified ID Number

No

Current Age

56 Years 6 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2007/09/07

Physical Address (at time of Appointment)

1267/5 RUHINDA STREET, SEA VIEW, DAR ES SALAAM, TANZANIA, 0000

Postal Address

P O BOX 2070, DAR ES SALAAM, TANZANIA, 0000

Current Tel Number

0317825500

Cell number

 

Shareholding/Membership

0.00

 

Business Information for NELATUR NARAYANAN

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SAFAL STEEL (PTY)LTD

M1996/013449/07

In Business

18 Years 6 Months

0

No

 

 

Principal Previous Business Interests

Average Age of Previous Business

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

 

 

 

 

 

 

 

 

Principal Deeds Information

Property Interests for NELATUR NARAYANAN

 

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

 

 

Active Principal - 7 of 10

RONALD GRAHA

 

Surname

GRAHA

First Name

RONALD

Other Names

DOUGLAS

Marital Status

Married

ID Number

5511035183087

Verified ID Number

Yes

Current Age

59 Years

Designation

DIRECTOR

Status

Active

Appointment Date

2005/12/01

Physical Address (at time of Appointment)

NO 2 TULBACH CRESCENT, LONEHILL, 2062

Postal Address

P O BOX 441, LONEHILL, 2062

Current Tel Number

0114694573

Cell number

0873538090

Shareholding/Membership

0.00

Report Extracted on: 14-11-2014 10:42:50

Page 21 of 30 pages

 

Business Information for RONALD GRAHA

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

DIAMICA (PTY)LTD

M2008/019771/07

In Business

6 Years 6 Months

0

No

 

ERF 497

SOUTHBROOM CC

B1992/030845/23

Deregistration Final

22 Years 10 Months

0

No

 

FALCON STEEL (PTY)LTD

M1983/010591/07

Deregistration Process

31 Years 7 Months

0

No

 

GRAZALEMA 222 CC

B2000/032396/23

Deregistration Final

14 Years 2 Months

0

No

 

OCTAMEC (PTY)LTD

M2004/026614/07

Deregistration Process

10 Years 10 Months

0

No

 

ROOFERSTOP (PTY)LTD

M2009/022542/07

In Business

5 Years 5 Months

0

No

 

SAFAL STEEL (PTY)LTD

M1996/013449/07

In Business

18 Years 6 Months

0

No

 

SAFINTRA CAPE (PTY)LTD

M1992/006892/07

Deregistration Final

22 Years 10 Months

4

No

 

SAFINTRA

INVESTMENTS

(PTY)LTD

M1997/005426/07

In Business

17 Years 5 Months

0

No

 

SAFINTRA

ROOFING AND

STEEL

BLOEMFONTEIN

(PTY)LTD

M2008/014485/07

Deregistration Final

6 Years 6 Months

0

No

 

SAFINTRA

ROOFING AND

STEEL

MPUMALANGA

(PTY)LTD

M2008/014450/07

Deregistration Final

6 Years 6 Months

0

No

 

SAFINTRA ROOFING COASTAL (PTY)LTD

M1997/000082/07

Deregistration Final

17 Years 5 Months

0

No

 

SAFINTRA ROOFING POLOKWANE (PTY)LTD

M2006/009633/07

Deregistration Final

8 Years 8 Months

0

No

 

SOUTHERN AFRICA COIL COATERS ASSOCIATION

K2012/190144/08

In Business

2 Years 2 Months

0

No

 

SWIFTDEALS THIRTY ONE CC

B2001/086199/23

In Business

13 Years 1 Months

1

No

 

TALON INVESTMENT HOLDINGS (PTY)LTD

M1991/002606/07

Deregistration Final

23 Years 11 Months

0

No

 

THE BANBURY CROSS TAVERN (PTY)LTD

M1998/004338/07

In Business

16 Years 4 Months

0

No

 

THERMABUILD

CONSTRUCTION

(PTY)LTD

M1997/009882/07

Deregistration Final

17 Years 5 Months

0

No

 

 

 

Principal Previous Business Interests

Average Age of Previous Business      20 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AUGUSTA ROOFING (PTY)LTD

M1997/005466/07

Deregistration Final

17 Years 5 Months

0

No

 

AUGUSTA STEEL (PTY)LTD

M1985/002458/07

In Business

29 Years 5 Months

0

No

 

HAZY CREST LIGHTWEIGHT STEEL SYSTEMS (PTY)LTD

M2004/011387/07

In Business

10 Years 10 Months

0

No

 

SAFINTRA SOUTH AFRICA (PTY)LTD

M1991/001264/07

In Business

23 Years 11 Months

0

No

 

SR STEEL (PTY)LTD

M1980/011667/07

In Business

34 Years 10 Months

0

No

 

STAND 209 PECANWOOD ESTATE CC

B1998/029903/23

Deregistration Final

16 Years 4 Months

0

No

 

TUCK ESTATES (PTY)LTD

M1999/004097/07

In Business

15 Years 3 Months

0

No

 

 

Principal Deeds Information

Property Interests for RONALD GRAHA

 

Title Deed No.

ST11143/2012

Erf/Site No.

1293,0

Deeds Office

PIETERMARITZBURG

Physical Address

33 SURPRISE RIDGE PINETOWN NU HILLCREST

Property Type

U

Extent / Size

 

Purchase Date

2012/02/01

Purchase price

R 4250000.00

% Ownership

0.00

Bond Holder

NEDBANK LIMITED

Bond Number

SB66512012

Bond Amount

R 3400000.00

Comment

 

 

Property Interests for RONALD GRAHA

 

Title Deed No.

ST32808/2006

Erf/Site No.

1575,2069

Deeds Office

PIETERMARITZBURG

Physical Address

 

Property Type

U

Extent / Size

 

Purchase Date

2006/05/01

Purchase price

R 1700000.00

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA L

Bond Number

SB417982006

Bond Amount

R1700000.00

Comment

 

 

Active Principal - 8 of 10

KATPADI KAMATH

 

Surname

KAMATH

First Name

KATPADI

Other Names

VENKATESHA

Marital Status

 

ID Number

490911

Verified ID Number

No

Current Age

65 Years 2 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2005/12/01

Physical Address (at time of Appointment)

NO.6 RIVER CLUB ESTATE, COLABAINE DRIVE, RIVERCLUB, 2191

Postal Address

POSTNET PRIVATE BAG X1, SUITE 198, EAST RAND, 1462

Current Tel Number

0113236384

Cell number

 

Shareholding/Membership

0.00

 

Business Information for KATPADI KAMATH

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SAFAL STEEL (PTY)LTD

M1996/013449/07

In Business

18 Years 6 Months

0

No

 

 

Principal Previous Business Interests

Average Age of Previous Business

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

 

 

 

 

 

 

 

 

 

Principal Deeds Information

Property Interests for KATPADI KAMATH

 

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

 

 

Active Principal - 9 of 10

SARAH GREEN

 

Surname

GREEN

First Name

SARAH

Other Names

 

Marital Status

 

ID Number

6612160000000

Verified ID Number

No

Current Age

47 Years 11 Months

Designation

DIRECTOR

Status

Active

Appointment Date

1996/10/03

Physical Address (at time of Appointment)

41 ON KENT, KENT ROAD, DUNKELD, 2196

Postal Address

P O BOX 290, INVESTEC HOUSE, LA PLAIDERIE ST PETER PORT, GUERNSEY GY1 3RP, 0000

Current Tel Number

 

Cell number

 

Shareholding/Membership

0.00

Report Extracted on: 14-11-2014 10:42:51

Page 25 of 30 pages

 

Business Information for SARAH GREEN

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

CUVVA

INVESTMENTS (PTY)LTD

M1997/001581/07

In Business

17 Years 5 Months

0

No

 

DIAMONDEK (PTY)LTD

M1997/005423/07

Deregistration Process

17 Years 5 Months

0

No

 

HAZY CREST LIGHTWEIGHT STEEL SYSTEMS (PTY)LTD

M2004/011387/07

In Business

10 Years 10 Months

0

No

 

SAFAL STEEL (PTY)LTD

M1996/013449/07

In Business

18 Years 6 Months

0

No

 

SAFINTRA CAPE (PTY)LTD

M1992/006892/07

Deregistration Final

22 Years 10 Months

4

No

 

SAFINTRA

INVESTMENTS

(PTY)LTD

M1997/005426/07

In Business

17 Years 5 Months

0

No

 

SAFINTRA ROOFING COASTAL (PTY)LTD

M1997/000082/07

Deregistration Final

17 Years 5 Months

0

No

 

SAFINTRA SOUTH AFRICA (PTY)LTD

M1991/001264/07

In Business

23 Years 11 Months

0

No

 

SR STEEL (PTY)LTD

M1980/011667/07

In Business

34 Years 10 Months

0

No

 

TIKARAMA

INVESTMENTS

(PTY)LTD

M1997/017851/07

In Business

17 Years 5 Months

0

No

 

 

Principal Previous Business Interests

Average Age of Previous Business      10 Years

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

KIFARU

INTERNATIONAL (PTY)LTD

M1996/017711/07

In Business

18 Years 6 Months

0

No

 

LUBECK-DELTA

LIMITED (INC IN BRITISH VIRGIN

ISLANDS)

(INCORPORATED IN THE BRITISH VIRGIN

ISLANDS)

M2007/025506/10

In Business

7 Years 7 Months

0

No

 

REVERE

INTERNATIONAL

LIMITED

INCORPORATED IN

BRITISH VIRGIN

ISLANDS

2006/007192/10

Deregistration Final

8 Years 8 Months

0

No

 

SAFINTRA ROOFING

POLOKWANE

(PTY)LTD

M2006/009633/07

Deregistration Final

8 Years 8 Months

0

No

 

 

Principal Deeds Information

Property Interests for SARAH GREEN

 

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

 

 

Active Principal - 10 of 10

SARIT SHAH

 

Surname

SHAH

First Name

SARIT

Other Names

 

Marital Status

 

ID Number

6612166317186

Verified ID Number

Yes

Current Age

47 Years 11 Months

Designation

DIRECTOR

Status

Active

Appointment Date

1996/10/03

Physical Address (at time of Appointment)

UNIT 4, 41 ON KENT, KENT ROAD, DUNKELD, GAUTENG, 2196

Postal Address

P O BOX 26060, EAST RAND, EAST RAND, GAUTENG, 1462

Current Tel Number

0119446800

Cell number

0833253430

Shareholding/Membership

0.00

 

Business Information for SARIT SHAH

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

CR PROPERTY

DEVELOPMENT

(PTY)LTD

M2005/021910/07

In Business

9 Years 9 Months

0

No

 

DIAMICA (PTY)LTD

M2008/019771/07

In Business

6 Years 6 Months

0

No

 

EDGEX (PTY)LTD

K2013/159667/07

In Business

1 Years 1 Months

0

No

 

INTERNATIONAL ZINC ASSOCIATION SOUTHERN AFRICA

M2002/014530/08

In Business

0

0

No

 

MYRISTICIN (PTY)LTD

M1997/018321/07

In Business

17 Years 5 Months

0

No

 

OCTAMEC (PTY)LTD

M2004/026614/07

Deregistration Process

10 Years 10 Months

0

No

 

SAFAL STEEL (PTY)LTD

M1996/013449/07

In Business

18 Years 6 Months

0

No

 

SAFINTRA

INVESTMENTS

(PTY)LTD

M1997/005426/07

In Business

17 Years 5 Months

0

No

 

THE DUNKELDS HOMEOWNER'S ASSOCIATION

M2005/021957/08

In Business

9 Years 9 Months

0

No

 

 

Principal Deeds Information

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

HAZY CREST LIGHTWEIGHT STEEL SYSTEMS (PTY)LTD

M2004/011387/07

In Business

10 Years 10 Months

0

No

 

SAFINTRA CAPE (PTY)LTD

M1992/006892/07

Deregistration Final

22 Years 10 Months

4

No

 

SAFINTRA SOUTH AFRICA (PTY)LTD

M1991/001264/07

In Business

23 Years 11 Months

0

No

 

SR STEEL (PTY)LTD

M1980/011667/07

In Business

34 Years 10 Months

0

No

 

 

Principal Previous Business Interests

Average Age of Previous Business      22 Years

 

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

 

 

Property Interests for SARIT SHAH

 

Previous Principals

 

Full Name

ID Number

Status

Status Date

 

 

In Business

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.83

UK Pound

1

Rs.96.56

Euro

1

Rs.77.42

 

INFORMATION DETAILS

 

Analysis Done by :

 SUB

 

 

Report Prepared by :

SDA

 

               

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.