|
Report Date : |
01.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
SUNNYFIELD PACKING COMPANY (PTY)LTD |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
30.08.1990 |
|
|
|
|
Com. Reg. No.: |
M1990/005197/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Manufacture of flour, grain mill products incl. rice & vegetable
milling |
|
|
|
|
No. of Employees : |
300 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
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 |
SUNNYFIELD PACKING COMPANY (PTY)LTD |
|
Country |
South Africa |
|
Subject Contact Person |
ZAIN - Financial Manager |
|
Assessment |
On investigation contact was made with
ZAIN the financial manager of the company who assisted with the information.
The subject is meeting commitments timeously with their suppliers. We are
awaiting a bank code for R 1 000 000 over 30 days. It should be borne in mind
that there are judgements against the company. There is also reported to be a
judgement showing against the principal Ashraf Mahomed, we are however
awaiting confirmation of this. Please see the available information on the
subject below. |
|
Registered Name |
SUNNYFIELD PACKING COMPANY (PTY)LTD |
|
Trading as/ Division Name |
SUNNYFIELD PACKING COMPANY |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
M1990/005197/07 |
|
Registration Date |
1990/08/30 |
|
Date Commenced Trading |
1990-08-30 |
|
Age of Business |
24 Years 1 Months |
|
History of Business |
The subject was established in the year
1990 and has been trading for the past 24 years and 1 month. |
|
History of Principals |
There are 3 active directors within the
company. |
|
Shareholders/Members/Partners of subject
and % holding |
25% - ASHRAF ABDOOLA FAMILY TRUST, 25%
-FAROUK ABDOOLA FAMILY TRUST, 25%o -
NASEER ABDOOLA FAMILY TRUST, 25%o -
GORA ABDOOLA FAMILY TRUST |
|
Status |
In Business |
|
Operations Assessment |
The subject main operation is to pack and
distribute rice. |
|
Industry/ Customers |
The subject supplies to wholesalers,
retailers and chain stores such as Checkers and Pick n Pay. |
|
Export |
None |
|
Import |
Yes |
|
Major Industry Code / SICC |
30311 |
|
Definition of Code |
Manufacture of flour, grain mill products
incl. rice & vegetable milling |
|
Head Office Physical Address |
1444 South Coast Road, MOBENI, DURBAN,
4000 |
|
Head Office Postal Address |
PO BOX 4638, DURBAN, 4000 |
|
Current Tel Number |
0314622332 / 0312017089 |
|
Current Fax Number |
0314625610 / 0312015940 |
|
Current Email Address |
|
|
Web Site Address |
|
Company Registered Name |
SULTAN AND SULTAN |
|
Trading Name |
SULTAN AND SULTAN |
|
Registration Number |
7408155144080 |
|
Physical Address |
STEPHEN DLAMINI RD 571, ESSENWOOD,
DURBAN,4001 |
|
Postal Address |
POSTNET SUITE 272,PRIVATE BAG
X10,MUSGRAVE,4062 |
|
Contact Person |
AKRAM |
|
Contact Number |
0312027860 |
|
Email |
|
|
Principals |
1 |
|
Judgements Against Subject |
None |
|
Judgements Against Principals |
None |
|
Subject Verified as Client |
Yes |
|
Practice Number |
05034872 |
|
VAT Number |
4090235252 |
|
Tax Number |
Unvailable |
|
BEE Status |
None |
|
Financial Year End |
February |
|
No of years in Business |
8 Years 6 Months |
|
Website |
|
|
Comment |
|
Previous Auditors Information - No
Information on Record
|
Vat Number |
4660119480 |
|
Status |
ACTIVE |
|
Vat Liable Date |
1991/09/30 |
|
Tax Number |
9297311202 |
|
Tax Clearance Expire Date |
|
|
Financial Year End |
June |
|
Comment |
|
|
Black Economic Empowerment |
|
|
Status |
Yes |
|
Score |
6.00 |
|
Expire Date |
|
|
BEE Certificate Available |
No |
|
Comment |
|
|
|
|
|
ISO Information - No Information on Record |
|
|
Workman's compensation |
|
|
Registered |
Yes |
|
Compliance Certified |
Yes |
|
Comment |
|
Subsidiaries Information - No Information on
Record
Employees
|
Number of Employees |
300 |
|||
|
1. Salaried employees |
300 |
|||
|
2. Waged employees |
0 |
|||
|
3. Permanent employees |
300 |
|||
|
4. Casual employees |
0 |
|||
|
5. Contracted employees |
0 |
|||
|
Comment |
|
|||
|
Company Fleet |
||||
|
Company Fleet |
No of vehicles: |
Owned/Leased |
Value |
Outstanding Balance |
|
Fleet Operations |
|
|
|
|
|
The Fleet is made up of |
41 |
|||
|
Comment |
|
|||
|
Cars |
4 |
Leased |
|
|
|
Light delivery Vehicles |
4 |
Leased |
|
|
|
Trailers |
3 |
Leased |
|
|
|
Trucks |
20 |
Leased |
|
|
|
Fork Lifts |
10 |
Leased |
|
|
|
Offices |
Offices |
|||
|
Head Office Owned/ Rented |
Leased |
|||
|
Rental Company |
FANG BROS FAMILY TRUST |
|||
|
Owned by |
|
|||
|
Value |
|
|||
|
Bond |
|
|||
|
Bank |
|
|||
|
Lease Agreement |
|
|||
|
Lease Expire Date |
|
|||
|
Type of Premises |
Office |
|||
|
Comment |
The subject has an ongoing lease with the
rental company. |
|||
|
Branch Information |
||||
|
Branches Names |
Country |
Province |
||
|
SUNNYFIELD PACKING COMPANY (PTY)LTD |
South Africa |
DURBAN |
||
|
SUNNYFIELD PACKING COMPANY (PTY)LTD |
South Africa |
CAPE TOWN |
||
|
SUNNYFIELD PACKING COMPANY (PTY)LTD |
South Africa |
PORT ELIZABETH |
||
|
Branch Detail Information |
||||
|
Branches Owned/ Rented |
Leased |
|||
|
Rental Company |
|
|||
|
Owned by |
|
|||
|
Value |
|
|||
|
Bond |
|
|||
|
Bank |
|
|||
|
Lease Agreement |
|
|||
|
Lease Expire Date |
|
|||
|
Type of Premises |
Warehouse |
|||
|
Comment |
|
|||
|
Branches Owned/ Rented |
Leased |
|||
|
Rental Company |
|
|||
|
Owned by |
|
|||
|
Value |
|
|||
|
Bond |
|
|||
|
Bank |
|
|||
|
Lease Agreement |
|
|||
|
Lease Expire Date |
|
|||
|
Type of Premises |
Warehouse |
|||
|
Comment |
|
|||
|
|
||||
|
Branches Owned/ Rented |
Leased |
|||
|
Rental Company |
|
|||
|
Owned by |
|
|||
|
Value |
|
|||
|
Bond |
|
|||
|
Bank |
|
|||
|
Lease Agreement |
|
|||
|
Lease Expire Date |
|
|||
|
Type of Premises |
Warehouse |
|||
|
Comment |
|
|||
|
Holding |
Company |
Sub |
Comment |
|
25% - ASHRAF ABDOOLA
FAMILY TRUST |
SUNNYFIELD PACKING COMPANY (PTY)LTD |
|
|
|
25% -FAROUK ABDOOLA FAMILY
TRUST |
SUNNYFIELD PACKING COMPANY (PTY)LTD |
|
|
|
25% - NASEER ABDOOLA
FAMILY TRUST |
SUNNYFIELD PACKING COMPANY (PTY)LTD |
|
|
|
25% - GORA ABDOOLA FAMILY
TRUST |
SUNNYFIELD PACKING COMPANY (PTY)LTD |
|
|
Note: One level
up and all levels down
Organisation Chart
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
Director |
ASHRAF MAHOMED ISMAIL ABDOOLA |
|
|
|
|||
|
1 |
Director |
FAROUK MAHOMED ISMAIL ABDOOLA |
|
|
|
|||
|
1 |
Director |
NAUSHAD MAHOMED ISMAIL ABDOOLA |
|
Key Deals - No Information on Record
|
Trade
Reference nr |
Supplier |
Contact |
Surety
Value |
Notarial
Bonds |
Comment |
|
1 |
EVEREST PLASTICS |
0325337813 |
|
|
|
|
2 |
ORANGA |
0113969700 |
|
|
|
|
3 |
IMPACT FREIGHT |
0314648699 |
|
|
|
|
4 |
FLEXTHENE |
0315077601 |
|
|
|
Trade References Detail
|
Nr |
Age of Acc |
Credit Limit |
Max Credit |
Terms |
Average Purchases |
Terms Taken |
Comment |
|
1 |
10 Years |
|
R1500000 |
60 Days |
R1500000 |
60 Days |
This is a very good account. The subject
has an open account with the supplier. |
|
2 |
13 years |
R 500000.00 |
R 500000 |
30 Days |
R 300000 -400000 |
30 Days |
This is a very good account. |
|
3 |
9 Years |
|
R1000000 |
30 Days |
R1000000 |
30 Days |
This is a very good account. The subject
has an open account with the supplier. |
|
4 |
1 Year |
R 200000.00 |
R 200000 |
60 Days |
R 200000 |
60 Days |
This is an excellent account. |
Judgements
|
Judgements |
2 |
|
Possible Judgements |
No Information on Record |
|
Civil Court |
No Information on Record |
|
RDs |
No Information on Record |
|
Comment |
No Information on Record |
BusinessRescue - No Information on Record
Default Listing - No information on record
Notarial Bonds - No information on record
|
Bank |
ABSA |
|
Branch |
BUSINESS KZN |
|
Brach Code |
632005 |
|
Bank Account Number |
4062508270 |
|
Type of Account |
CHEQUE |
|
Account Name |
SUNNYFIELD PACKING COMPANY (PTY)LTD |
|
Overdraft Facilities |
YES |
|
Bank Code |
Awaiting Bank Code |
|
Bank Comment |
|
Bank Code History - No Information on Record
Previous Bank Account Information - No
Information on Record
Deeds Information - No information on record
|
CURRENT ASSETS |
|
|
Stock |
|
|
Debtors |
|
|
FIXED ASSETS |
|
|
Plant, Equipment, Vehicles |
|
|
Property |
|
|
CURRENT LIABILITIES |
|
|
Creditors |
|
|
Loans/ From? |
|
|
Loan Details |
|
|
LONG TERM LIABILITIES |
|
|
Morgage Bonds |
|
|
Previous Year Turnover |
R120000000.00 |
|
Estimated Current Year Turnover |
R140000000.00 |
|
Current Turnover per month |
R12000000.00 |
|
Current Turnover per annum |
R144000000.00 |
|
Comment |
|
|
Please note the following: |
|
|
Turnover and assets less than R
1,000,000.00 |
The subject falls within the National
Credit Act |
|
Turnover and assets less than R
2,000,000.00 |
The subject falls within the Consumer Protection
Act |
|
Number of Principals |
4 |
|
Average Age of Active Principals |
53 |
|
Active Principals Active Principal - 1 of
4 ASHRAF MAHOMED |
|
|
Surname |
MAHOMED |
|
First Name |
ASHRAF |
|
Other Names |
ISMAIL ABDOOLA |
|
Marital Status |
Married |
|
ID Number |
6511175209089 |
|
Verified ID Number |
Yes |
|
Current Age |
48 Years 10 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2010/05/19 |
|
Physical Address (at time of Appointment) |
25 SWANSMILE ROAD, YELLOWWOOD PARK, 4004 |
|
Postal Address |
P.O BOX 4638, DURBAN, 4000 |
|
Current Tel Number |
0314612756 |
|
Cell number |
0839378696 |
|
Shareholding/Membership |
0.00 |
Business Information for ASHRAF MAHOMED Principal
Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
BEIGE HOLDINGS LTD |
M1997/006871/06 |
In Business |
17 Years 5 Months |
0 |
No |
|
|
CAPITAL TOBACCO AND DISTRIBUTION (PTY)LTD |
M1999/025087/07 |
In Business |
15 Years 3 Months |
1 |
No |
|
|
CAPITAL TOBACCO COMPANY (PTY)LTD |
M1956/001416/07 |
Deregistration Process |
58 Years 10 Months |
0 |
No |
|
|
DELTA BLUE TRADING 267 CC |
B2005/061887/23 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
EAGLE CREEK INVESTMENTS 591 (PTY)LTD |
M2006/011725/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
FASIC INVESTMENT CORPORATION LTD |
M1997/003335/06 |
In Business |
17 Years 5 Months |
0 |
No |
|
|
FULLOUTPUT 1096 CC |
B2000/015814/23 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
GOLDEN FALLS TRADING 183 (PTY)LTD |
M2004/012773/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
|
LAKADA (PTY)LTD |
M2007/011446/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
NEWINVEST 158 (PTY)LTD |
M2000/001383/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
NEWINVEST 167 (PTY)LTD |
M2000/001773/07 |
Deregistration Process |
14 Years 2 Months |
0 |
No |
|
|
ONE SEVEN SEVEN SIX INVESTMENTS (PTY)LTD |
M1983/008979/07 |
In Business |
31 Years 7 Months |
0 |
No |
|
|
POUND STRETCHER (PTY)LTD |
M2002/012667/07 |
Deregistration Process |
0 |
0 |
No |
|
|
SAM AND JACK PROPERTIES (PTY)LTD |
M1989/000494/07 |
Deregistration Process |
25 Years 1 Months |
0 |
No |
|
|
SHARIEF TRADING (PTY)LTD |
M2005/025389/07 |
Deregistration Process |
9 Years 9 Months |
0 |
No |
|
|
SOLVISTA INVESTMENTS (PTY)LTD |
M1994/004858/07 |
In Business |
20 Years 8 Months |
0 |
No |
|
|
SUNNYFIELD PACKING COMPANY (PTY)LTD |
M1990/005197/07 |
In Business |
0 |
2 |
No |
|
|
THE LION MATCH COMPANY (PTY)LTD |
M1998/008912/07 |
In Business |
16 Years 4 Months |
0 |
No |
|
|
VALOUR TRADING (PTY)LTD |
M2001/004655/07 |
Deregistration Process |
13 Years 1 Months |
0 |
No |
|
|
WADE PARK (PTY)LTD |
M2007/027966/07 |
Deregistration Process |
7 Years 7 Months |
0 |
No |
|
|
WILBAT PROJECTS 311 (PTY)LTD |
M1998/016380/07 |
Deregistration Process |
16 Years 4 Months |
0 |
No |
|
|
WILBAT PROJECTS 611 CC |
B2000/030048/23 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
WILBAT PROJECTS 613 CC |
B2000/034662/23 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
WILBAT PROJECTS 614 CC |
B2000/035016/23 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
YELLOW FERN TRADING (PTY)LTD |
M2006/030450/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
Principal Previous Business Interests
Principal's Deeds Information - No
information on record
Active Principal - 2 of 4 FAROUK MAHOMED
|
Surname |
MAHOMED |
|
First Name |
FAROUK |
|
Other Names |
ISMAIL ABDOOLA |
|
Marital Status |
Married |
|
ID Number |
5501055029088 |
|
Verified ID Number |
Yes |
|
Current Age |
59 Years 8 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
1990/08/30 |
|
Physical Address (at time of Appointment) |
68 MALINSON RD, OVERPORT, 4091 |
|
Postal Address |
68 MALINSON RD, OVERPORT, 4091 |
|
Current Tel Number |
0319122243 |
|
Cell number |
0829075786 |
|
Shareholding/Membership |
0.00 |
Business Information for FAROUK MAHOMED
Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
DISCERN INVESTMENTS (PTY)LTD |
M1995/013739/07 |
In Business |
19 Years 7 Months |
0 |
No |
|
|
SUNNYFIELD PACKING COMPANY (PTY)LTD |
M1990/005197/07 |
In Business |
0 |
2 |
No |
|
Principal Previous
Business Interests
Average Age of Previous Business
|
Company Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
|
|
|
|
|
|
|
Principal's Deeds Information - No information on record
Active Principal - 3 of 4 NASEER MAHOMED
MAHOMED NASEER
Surname MAHOMED
First Name NASEER
Other Names ISMAIL
ABDOOLA
Marital Status Married
ID Number 6111025167080
Verified ID Number Yes
Current Age 53
Years 7 Months
Designation DIRECTOR
Status Deceased
Appointment Date 1990/08/30
Physical Address (at time of Appointment) 26 SHOLAPUR ROAD, MEREBANK,4052
Postal Address P O BOX 4638,
DURBAN, 4000
Current Tel Number 0314622332
Cell number 0829085786
Shareholding/Membership 0.00
Business Information for NASEER MAHOMED
Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
STAR CHOICE TRADING 6 (PTY)LTD |
M2001/025440/07 |
Deregistration Process |
13 Years 1 Months |
0 |
No |
|
|
SUNNYFIELD PACKING COMPANY (PTY)LTD |
M1990/005197/07 |
In Business |
0 |
2 |
No |
|
Principal Previous Business Interests
Average Age of Previous Business
|
Company Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
|
|
|
|
|
|
|
Principal's Deeds Information - No
information on record
Active Principal - 4 of 4
NAUSHAD MAHOMED
|
Surname |
MAHOMED |
|
First Name |
NAUSHAD |
|
Other Names |
ISMAIL ABDOOLA |
|
Marital Status |
Married |
|
ID Number |
6001305144083 |
|
Verified ID Number |
Yes |
|
Current Age |
54 Years 8 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
1990/08/30 |
|
Physical Address (at time of Appointment) |
1 VILLE CASALI, 126 BELLEVILLE ROAD,
DURBAN, 4001 |
|
Postal Address |
P O BOX 918, DURBAN, 4001 |
|
Current Tel Number |
0313081711 |
|
Cell number |
0827869133 |
|
Shareholding/Membership |
0.00 |
Business Information for NAUSHAD MAHOMED
Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
AMCOS COSMETICS INTERNATIONAL (PTY)LTD |
M2001/006259/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
ARCFIN TRADING 46 (PTY)LTD |
M1999/028389/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
|
ARGO SOAP AND CHEMICAL INDUSTRIES (PTY)LTD |
M1997/011925/07 |
In Business |
17 Years 5 Months |
0 |
No |
|
|
BEIGE CONSUMER (PTY)LTD |
M1998/007826/07 |
In Business |
16 Years 4 Months |
0 |
No |
|
|
BEIGE HOLDINGS LTD |
M1997/006871/06 |
In Business |
17 Years 5 Months |
0 |
No |
|
|
BEIGE INTERNATIONAL EXPORT (PTY)LTD |
M1998/011982/07 |
In Business |
16 Years 4 Months |
1 |
No |
|
|
CREST LIFE AND GENERAL (PTY)LTD |
M1986/001936/07 |
In Business |
28 Years 4 Months |
0 |
No |
|
|
CRYSTAL PACK (PTY)LTD |
M1998/011248/07 |
In Business |
16 Years 4 Months |
0 |
No |
|
|
G10 INVESTMENTS (PTY)LTD |
M1998/009496/07 |
In Business |
16 Years 4 Months |
0 |
No |
|
|
HERBAL AND HOMEOPATHIC (PTY)LTD |
M2002/003282/07 |
In Business |
0 |
0 |
No |
|
|
LION MATCH FORESTRY (PTY)LTD |
M2007/011484/07 |
In Business |
7 Years 7 Months |
0 |
No |
|
|
LION MATCH PROPERTIES (PTY)LTD |
M2011/011677/07 |
In Business |
3 Years 3 Months |
0 |
No |
|
|
LORNAMEAD (PTY)LTD |
M2000/009749/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
NATIONAL SHAVING PRODUCTS (PTY)LTD |
M1964/007757/07 |
In Business |
50 Years 2 Months |
0 |
No |
|
|
NEWSHELF 928 (PTY)LTD |
M2007/030548/07 |
In Business |
7 Years 7 Months |
1 |
No |
|
|
NSP UNSGAARD (PTY)LTD |
M2006/038670/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
PLAZA HYPER CC |
B2002/050630/23 |
Deregistration Process |
0 |
0 |
No |
|
|
QUALITY PRODUCTS (PTY)LTD |
1999/008527/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
|
RAP PRODUCTS INTERNATIONAL (PTY)LTD |
M1997/002884/07 |
In Business |
17 Years 5 Months |
1 |
No |
|
|
SPECIALTY FORMULAS (PTY)LTD |
M1997/019969/07 |
In Business |
17 Years 5 Months |
0 |
No |
|
|
SPONGE TEXTURES (PTY)LTD |
M1998/012244/07 |
In Business |
16 Years 4 Months |
0 |
No |
|
|
THE LION MATCH COMPANY AFRICA LTD |
M1948/028287/06 |
In Business |
66 Years 6 Months |
0 |
No |
|
|
VALOUR TRADING (PTY)LTD |
M2001/004655/07 |
Deregistration Process |
13 Years 1 Months |
0 |
No |
|
|
WADE PARK (PTY)LTD |
M2007/027966/07 |
Deregistration Process |
7 Years 7 Months |
0 |
No |
|
|
ZIZMAX INVESTMENTS (PTY)LTD |
1963/005605/07 |
In Business |
51 Years 3 Months |
0 |
No |
|
Principal's Deeds Information - No information
on record
Average Age of Previous Business 26
Years
|
Company
Name |
Registration
No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
20 ALPINE HEATH CC |
B1996/038582/23 |
Deregistration Final |
18 Years 6 Months |
0 |
No |
|
|
ERF 627 AND 628 ESTCOURT (PTY)LTD |
M2008/015636/07 |
In Business |
6 Years 6 Months |
0 |
No |
|
|
GOLDEN FALLS TRADING 183 (PTY)LTD |
M2004/012773/07 |
In Business |
10 Years 10 Months |
0 |
No |
|
|
K C S A HOLDINGS (PTY)LTD |
M1948/032113/07 |
In Business |
66 Years 6 Months |
0 |
No |
|
|
KARBOTEK CARBON TECHNOLOGIES (PTY)LTD |
M2001/025939/07 |
In Business |
13 Years 1 Months |
3 |
No |
|
|
KIMBERLY-CLARK
SOUTHERN AFRICA (HOLDINGS) (PTY)LTD |
M1969/002685/07 |
In Business |
45 Years 9 Months |
0 |
No |
|
Principal Previous Business Interests
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.61 |
|
|
1 |
Rs.100.28 |
|
Euro |
1 |
Rs.78.21 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.