|
Report Date : |
13.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
AQUILLA BUSINESS DEVELOPMENT (PTY) LTD |
|
|
|
|
Registered Office : |
1621 CNR Deodar and Constantia Roads, Kempton Park, 1621, P O Box 7823, Birchleigh, 1621 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
11.03.1999 |
|
|
|
|
Com. Reg. No.: |
M1999/024550/07 |
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|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Other
activities not adequately defined. Note: (We tried to confirm obtain the details activity but the same is not available from any source.) |
|
|
|
|
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 |
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|
|
|
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 |
AQUILLA
BUSINESS DEVELOPMENT (PTY)LTD |
|
Country |
South
Africa |
|
Subject
Contact Person |
BRENDAN
GRANT PITOUT - FINANCIAL DIRECTOR |
|
Assessment |
This
is an established business. On investigation contact was made with BRENDAN
GRANT PITOUT the financial director who requested the name of the principal
enquirer before he may assist with any information. Please see the available
information below. |
|
Registered Name |
AQUILLA BUSINESS DEVELOPMENT (PTY)LTD |
|
Trading as/ Division Name |
NONE |
|
Previous Name |
NONE |
|
Date of Name Change |
2000-04-14 |
|
Registration Number |
M1999/024550/07 |
|
Registration Date |
1999/03/11 |
|
Date Commenced Trading |
1999-03-11 |
|
Age of Business |
15 Years 7 Months |
|
History of Business |
The subject commenced trading as new company in 1999 |
|
History of Principals |
There are 3 active principals within the subject |
|
Shareholders/Members/Partners of subject and % holding |
Unavailable |
|
Authorised Share Capital |
|
|
Issued Share Capital/Members Contribution |
|
|
Status |
In Business |
|
Operations Assessment |
Unavailable |
|
Industry/ Customers |
Unavailable |
|
Export |
None |
|
Export Countries |
|
|
Import |
None |
|
Import Countries |
|
|
Major Industry Code / SICC |
9000 |
|
Definition of Code |
Other activities not adequately defined. |
|
Head Office Physical Address |
1621 CNR DEODAR AND CONSTANTIA ROADS, KEMPTON PARK, 1621 |
|
Head Office Postal Address |
PO BOX 7823, BIRCHLEIGH, 1621 |
|
Current Tel Number |
0113984300 |
|
Cell Number |
0833336083 |
|
Current Fax Number |
|
|
Current Email Address |
|
|
Web Site Address |
|
|
Comments |
|
|
Company Registered Name |
T VOSLOO AND ASSOCIATES INCORPORATED |
|
Trading Name |
Unavailable |
|
Registration Number |
M2001/006868/21 |
|
Physical Address |
CNR. MULLINS HOUSE STREET, BEDFORVIEW, 2008 |
|
Postal Address |
PO. BOX 914, BEDFORDVIEW, 2008 |
|
Contact Person |
TRUDIE VOSLOO |
|
Contact Number |
0116221785/6 |
|
Email |
|
|
Principals |
1 |
|
Judgements Against Subject |
None On Record |
|
Judgements Against Principals |
None On Record |
|
Subject Verified as Client |
|
|
Practice Number |
900250 |
|
VAT Number |
4630192971 |
|
Tax Number |
9129233145 |
|
BEE Status |
Unavailabe |
|
Financial Year End |
February |
|
No of years in Business |
4 Years 6 Months |
|
Website |
|
|
Comment |
|
Previous Auditors Information - No Information on Record
|
Vat Number |
4930218484 |
|
Status |
ACTIVE |
|
Vat Liable Date |
2005/05/01 |
|
Tax Number |
9387090641 |
|
Tax Clearance Expire Date |
|
|
Financial Year End |
February |
|
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
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
FINANCIAL
DIRECTOR |
BRENDAN
GRANT PITOUT |
|
|
|
|||
|
1 |
DIRECTOR |
CRAIG
CLINTON CARRINGTON |
|
|
|
|||
|
1 |
DIRECTOR |
VERNON
STANLEY PITOUT |
|
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
Judgements - No information on record
Business Rescue - No Information on Record
Default Listing - No Information on
Record
Notarial Bonds - No Information on
Record
|
Bank |
NEDBANK |
|
Branch |
|
|
Brach Code |
198765 |
|
Bank Account Number |
|
|
Type of Account |
|
|
Account Name |
AQUILLA BUSINESS DEVELOPMENT (PTY)LTD |
|
Overdraft Facilities |
|
|
Bank Code |
|
|
Bank Comment |
|
Bank Codes History
|
Date requested |
Bank
Code |
Enquiry Amount |
Number
of RD's |
RD
amount |
RD
Date |
Bank
Comments |
Years with bank |
Comment |
|
1900/01/01 |
|
0.00 |
|
|
|
|
0 |
|
Previous Bank Account Information - No Information on
Record
Deeds Information - No Information on
Record
|
Number of Principals |
3 |
|
Average Age of Active Principals |
44 |
|
Active
Principals Active
Principal - 1 of 3 CRAIG
CARRINGTON |
|
|
Surname |
CARRINGTON |
|
First Name |
CRAIG |
|
Other Names |
CLINTON |
|
Marital Status |
Married |
|
ID Number |
7812265022088 |
|
Verified ID Number |
Yes |
|
Current Age |
35 Years 10 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2013/01/23 |
|
Physical Address (at time of Appointment) |
10 ROUX AVENUE, GLEN MARAIS, KEMPTON PARK, GAUTENG, 1619 |
|
Postal Address |
PO BOX 7823, BIRCHLEIGH, GAUTENG, 1621 |
|
Current Tel Number |
0113984300 |
|
Cell number |
0822579984 |
|
Shareholding/Membership |
0.00 |
Principal’s Adverse - No Information on
Record
Business Information for CRAIG CARRINGTON
Principal current Business Interests
|
Company
Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
AQUILLA BUSINESS DEVELOPMENT (PTY) LTD |
M1999/024550/07 |
In
Business |
15 Years 3 Months |
0 |
No |
|
|
HK BOYS INVESTMENTS (PTY)LTD |
K2013/139588/07 |
In
Business |
1
Years 1 Months |
0 |
No |
|
|
SOVEREIGN LOCK (PTY)LTD |
M2007/035292/07 |
In
Business |
7
Years 7 Months |
0 |
No |
|
Principal Deeds
Information
Property Interests
for CRAIG CARRINGTON
|
Title Deed No. |
T29604/2013 |
Erf/Site No. |
469 |
|
Deeds Office |
PRETORIA |
Physical Address |
GLENMARAIS |
|
Property Type |
E |
Extent / Size |
1497.0SQM |
|
Purchase Date |
2013/01/24 |
Purchase price |
R1550000.00 |
|
% Ownership |
0.00 |
Bond Holder |
NEDBANK LTD |
|
Bond Number |
B181682013 |
Bond Amount |
R1450000.00 |
|
Comment |
|
||
Active
Principal - 2 of 3
BRENDAN
PITOUT
|
Surname |
PITOUT |
|
First Name |
BRENDAN |
|
Other Names |
GRANT |
|
Marital Status |
Married |
|
ID Number |
7912015122087 |
|
Verified ID Number |
Yes |
|
Current Age |
34 Years 10 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2003/02/20 |
|
Physical Address (at time of Appointment) |
19 LYNYATI DRIFT, TULBAGH ROAD, GLEN MARAIS, GAUTENG, 1619 |
|
Postal Address |
P O BOX 7823, BIRCHLEIGH, GAUTENG, 1621 |
|
Current Tel Number |
0113984300 |
|
Cell number |
0833336083 |
|
Shareholding/Membership |
0.00 |
Principal’s Adverse - No Information on
Record
Business Information for BRENDAN PITOUT
Principal current Business Interests
|
Company
Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
AQUILLA BUSINESS DEVELOPMENT (PTY)LTD |
M1999/024550/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
|
CAMILEON SALES (PTY)LTD |
M2000/023221/07 |
Deregistration Final |
14 Years 2 Months |
0 |
No |
|
|
HK BOYS INVESTMENTS (PTY)LTD |
K2013/139588/07 |
In Business |
1
Years 1 Months |
0 |
No |
|
|
SOVEREIGN LOCK (PTY)LTD |
M2007/035292/07 |
In Business |
7
Years 7 Months |
0 |
No |
|
Principal Deeds Information
Property Interests
for BRENDAN PITOUT
|
Title Deed No. |
ST97851/2002 |
Erf/Site No. |
2404 |
|
Deeds Office |
PRETORIA |
Physical Address |
15 FISKAAL GLENMARAIS KEMPTON PARK |
|
Property Type |
U |
Extent / Size |
|
|
Purchase Date |
2002/06/26 |
Purchase price |
R 287000.00 |
|
% Ownership |
0.00 |
Bond Holder |
NEDCOR BANK LTD |
|
Bond Number |
SB704692002 |
Bond Amount |
R 309960.00 |
|
Comment |
|
||
Active
Principal - 3 of 3
VERNON
PITOUT
|
Surname |
PITOUT |
|
First
Name |
VERNON |
|
Other
Names |
|
|
Marital
Status |
Married |
|
ID
Number |
5204065035001 |
|
Verified
ID Number |
Yes |
|
Current
Age |
62
Years 6 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment
Date |
1999/11/03 |
|
Physical
Address (at time of Appointment) |
20
PUERTO BANUS, VLEI ROAD, GLEN MARAIS, 1619 |
|
Postal
Address |
PO
BOX 7823, BIRCHLEIGH, 1621 |
|
Current
Tel Number |
0113911428 |
|
Cell
number |
0844665106 |
|
Shareholding/Membership |
0.00 |
Principal’s Adverse – No Information on Record
Business information for VERNON PITOUT
Principal Current Business Interests
|
Company
Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
AQUILLA BUSINESS DEVELOPMENT (PTY)LTD |
M1999/024550/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
|
CEDAR POINT TRADING 27 (PTY)LTD |
M2006/016027/07 |
Deregistration
Final |
8 Years 8 Months |
0 |
No |
|
|
LIFEWORX
LEADERSHIP INSTITUTE (PTY)LTD |
M2007/026104/07 |
Deregistration
Final |
7 Years 7 Months |
0 |
No |
|
|
LOVE ABLAZE |
M2001/011289/08 |
Deregistration
Process |
13 Years 1 Months |
0 |
No |
|
|
VERLIN INDUSTRIES (PTY)LTD |
M1978/003423/07 |
Deregistration
Final |
0 |
0 |
No |
|
Principals Previous Business Interests
Average Age of Previous Business – 14
years
|
Company
Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
C2C CARGO (PTY)LTD |
M2000/023007/07 |
Dissolved |
14 Years 2 Months |
0 |
No |
|
|
CAMILEON SALES (PTY)LTD |
M2000/023221/07 |
Deregistration
Final |
14 Years 2 Months |
0 |
No |
|
|
J
K DIGITAL IMAGE SOLUTIONS CC |
B2000/050846/23 |
Deregistration
Final |
14 Years 2 Months |
0 |
No |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.16 |
|
|
1 |
Rs.98.62 |
|
Euro |
1 |
Rs.77.67 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
NIT |
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.