MIRA INFORM REPORT

 

 

Report Date :

16.10.2014

 

IDENTIFICATION DETAILS

 

Name :

A T C (PTY)LTD

 

 

Registered Office :

LI1 Steel Road, Vereeniging, Peacehaven, 1930

 

 

Country :

South Africa

 

 

Date of Incorporation :

20.12.1955

 

 

Com. Reg. No.:

M1955/003773/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Subject manufactures and designs a comprehensive range of electrical power cables.

 

 

No of Employees :

600

 

 

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

A T C (PTY)LTD

Country

South Africa

Subject Contact Person

GERHARD BURGER - FINANCIAL MANAGER

Assessment

This is a well-established business. On investigation contact was made with GERHARD BURGER the financial manager, who requested that contact should be made in two weeks time. The subject is meeting commitments with suppliers. Please see the available information on the subject below.

 

 

Company Information

 

Registered Name

A T C (PTY)LTD

Trading as/ Division Name

CBI ELECTRIC AFRICAN CABLES

Previous Name

None

Date of Name Change

None

Registration Number

M1955/003773/07

Registration Date

1955/12/20

Date Commenced Trading

1955-12-20

Age of Business

58 Years 10 Months

History of Business

The subject has been designing and manufacturing a comprehensive range of electrical power cables at their factory in Vereeniging, near Johannesburg, since 1935. The factory was built in 1936.

History of Principals

There are 6 active principals within the subject

Shareholders/Members/Partners of subject and % holding

75 % - POWERHOUSE UTILITIES, 25 % - BANDA FAMILY TRUST

Authorised Share Capital

R 0.00

Issued Share Capital/Members Contribution

R 0.00

Status

In Business

Operations Assessment

The subject manufactures and designs a comprehensive range of electrical power cables.

Industry/ Customers

The subject supplies to the renewable energy, utilities, mining, industrial and export sectors respectively.

Export

Yes

Export Countries

 

Import

Unknown

Import Countries

 

Major Industry Code / SICC

35592

Definition of Code

Manufacture of cables and wire products

Head Office Physical Address

LI1 STEEL ROAD, VEREENIGING, PEACEHAVEN, 1930

Head Office Postal Address

PO BOX 172, VEREENIGING, 1930

Current Tel Number

0164306000

Cell Number

 

Current Fax Number

0164236103

Current Email Address

gerhard.burger@africancables.com

Web Site Address

www.cbi-electric.com

Comments

 

 

 

Auditors Information

 

Company Registered Name

DELOITTE & TOUCHE

Trading Name

DELOITTE

Registration Number

Declined

Physical Address

Declined

Postal Address

PRIVAT BAG X6, GALLO MANOR, 0052

Contact Person

Declined

Contact Number

Declined

Email

Declined

Principals

 

Judgements Against Subject

Declined

Judgements Against Principals

Declined

Subject Verified as Client

 

Practice Number

901482E

VAT Number

Declined

Tax Number

Declined

BEE Status

Declined

Financial Year End

Declined

No of years in Business

Declined

Website

Declined

Comment

 

 

Previous Auditors Information - No Information on Record

 

Tax Information

 

Vat Number

4750215859

Status

ACTIVE

Vat Liable Date

2004/12/01

Tax Number

9250029718

Tax Clearance Expire Date

 

Financial Year End

September

Comment

 

 

 

Black Economic Empowerment

 

Status

Yes

Score

2.00

Expire Date

 

BEE Certificate Available

No

Comment

 

 

 

ISO Status

 

Type of ISO Grade

9001:2008

ISO Certificate

Yes

ISO Certificate Available

No

Certified by an Accredited Agent

Yes

Comment

 

 

Type of ISO Grade

14001:2004

ISO Certificate

Yes

ISO Certificate Available

No

Certified by an Accredited Agent

Yes

Comment

 

 

Type of ISO Grade

18001:2007

ISO Certificate

Yes

ISO Certificate Available

No

Certified by an Accredited Agent

Yes

Comment

 

 

 

Workman’s compensation

 

Registered

Yes

Compliance Certified

Yes

Comment

 

 

 

Company Structure

 

Subsidiaries Information - No Information on Record

 

Employees

Number of Employees

600

1. Salaried employees

600

2. Waged employees

 

3. Permanent employees

600

4. Casual employees

 

5. Contracted employees

 

Comment

 

 

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

FINANCIAL DIRECTOR

GRAEME WALES EDDEY

 

1

MANAGING DIRECTOR

ALAN DICKSON

 

1

DIRECTOR

THOLOLO ANDRIES POOE

 

1

DIRECTOR

HELMUTH HERMANN FISCHER

 

1

DIRECTOR

NTYATYAMBOZOMZI

NONUNCIW MENSAH

 

1

COMMERCIAL MANAGER EXECUTIVE

KOBUS COETZER

 

1

TECHNICAL DIRECTOR

PIETER DE VILLERS

 

1

DIRECTOR

PATRICK J BANDA

 

2

GROUP HUMAN RESOURCE MANAGER

MEIKIE DAMES

 

2

GENERAL MANAGER POWER INSTALLATION

PRAVESH HARIPERSAD

 

2

MATERIALS MANAGER EXCECUTIVE

PRAVESH BAGRATH

 

 

Company Structure (Ownership)

 

Note: One level up and all levels down

 

Holding

Company

Sub

Comment

75% - POWERHOUSE UTILITIES

A T C (PTY) LTD

None

 

25% - BANDA FAMILY TRUST

A T C (PTY) LTD

None

 

 

Key Deals - No Information on Record

 

 

Trade References

 

Trade Reference nr

Supplier

Contact

Surety Value

Notarial Bonds

Comment

1

ACTOM

0215322000

R 0.00

 

 

2

AFRIMAT AGGREGATES CT

0219178840

R 0.00

 

 

3

AFRIMAT READYMIX

0219178666

R 0.00

 

The supplier does not do business with the subject

4

CAPE TWINE

0214474352

R 0.00

 

 

 

Trade References Detail

 

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

20 Years

R 60000.00

R 60000

30 Days

R 40000

30 Days

 

2

20 Years

R 200000.00

R 200000

30 Days

R100000

30 Days

Good account

 

 

 

 

 

 

 

 

4

5 Years

R 50000.00

R 50000

30 Days

R 45000

30 Days

Good account

 

 

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

 

Bank

NEDBANK

Branch

CORPORATE CLIENT SERVICES

Brach Code

198765

Bank Account Number

1729426492

Type of Account

CURRENT

Account Name

A T C (PTY) LTD

Overdraft Facilities

 

Bank Code

Awaiting 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

2010/06/10

B(Good for the

amount of your

enquiry.)

250000.00

 

 

 

THE

SUBJECTS BANKERS CONSIDER

THEM GOOD

FOR ALL BUSINESS ENGAGEMEN

TS

0

 

 

Previous Bank Account Information - No Information on Record

 

 

Deeds Information

 

Property Interests for Company A T C (PTY)LTD

 

Title Deed No.

T82665/2005

Erf/Site No.

601

Deeds Office

PRETORIA

Physical Address

2381-0100-000 VEREENIGING

Property Type

Farms

Extent / Size

 

Purchase Date

2004/11/16

Purchase price

R 2570421.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

 

Title Deed No.

T82665/2005

Erf/Site No.

601

Deeds Office

PRETORIA

Physical Address

2381-0100-000 VEREENIGING

Property Type

Farms

Extent / Size

 

Purchase Date

2004/11/16

Purchase price

R 2570421.00

% Ownership

0.00

Bond Holder

 

Bond Number

K13671981S

Bond Amount

R 0.00

Comment

 

 

Title Deed No.

T82665/2005

Erf/Site No.

912

Deeds Office

PRETORIA

Physical Address

9 LEEUWENHOEK 2381-0100-000 VEREENIGING

Property Type

Freehold

Extent / Size

 

Purchase Date

2004/11/16

Purchase price

R 2570421.00

% Ownership

0.00

Bond Holder

90

Bond Number

I-74651995C-T75193

Bond Amount

R 0.00

Comment

 

 

 

Principals

 

Number of Principals

6

Average Age of Active Principals

46

Active Principals

Active Principal - 1 of 6

WALES GRAEME

Surname

GRAEME

First Name

WALES

Other Names

EDDEY

Marital Status

Married

ID Number

7704305074080

Verified ID Number

Yes

Current Age

37 Years 6 Months

Designation

FINANCIAL DIRECTOR

Status

Active

Appointment Date

2012/11/01

Physical Address (at time of Appointment)

10 BUSH HILL MANOR, 173 KELLY ROAD, BOSKRUIN, 2154

Postal Address

P O BOX 1298, RANDPARK RIDGE, 2169

Current Tel Number

0116800209

Cell number

0823316268

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for WALES GRAEME

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

A T C (PTY)LTD

M1955/003773/07

In Business

59 Years 11 Months

0

No

 

CAMPUS

CHRISTIAN CENTRE

M2003/032059/08

Deregistration Process

11 Years 11 Months

0

No

 

GRAEME WALES

INVESTMENTS

(PTY)LTD

M2008/029016/07

In Business

6 Years 6 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                8 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

NASHUA

COMMUNICATIONS (PTY)LTD

M2006/023090/07

In Business

8 Years 8 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for WALES GRAEME

Title Deed No.

T14520/2012

Erf/Site No.

984

Deeds Office

JOHANNESBURG

Physical Address

BUSH HILL ESTATE AH RANDBURG

Property Type

E

Extent / Size

 

Purchase Date

2011/11/01

Purchase price

R 2900000.00

% Ownership

0.00

Bond Holder

NEDBANK LTD

Bond Number

B111942007

Bond Amount

R 2000000.00

Comment

 

 

 

Property Interests for WALES GRAEME

Title Deed No.

T20682/2011

Erf/Site No.

2111

Deeds Office

JOHANNESBURG

Physical Address

31 KAYBURNE RANDBURG

Property Type

F

Extent / Size

1056.00000000

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B514212006

Bond Amount

R100000.00

Comment

 

 

Property Interests for WALES GRAEME

Title Deed No.

T60788/2005

Erf/Site No.

2111

Deeds Office

JOHANNESBURG

Physical Address

31 KAYBURNE RANDBURG

Property Type

F

Extent / Size

1056.00000000

Purchase Date

2005/08/24

Purchase price

R1365000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B823902005

Bond Amount

R1550000.00

Comment

 

Active Principal - 2 of 6

THOLOLO POOE

Surname

POOE

First Name

THOLOLO

Other Names

ANDRIES

Marital Status

Married

ID Number

6508145627085

Verified ID Number

Yes

Current Age

49 Years 2 Months

Designation

MANUFACTURING MANAGER

Status

Active

Appointment Date

2012/03/26

Physical Address (at time of Appointment)

66 WALNUT STREET, THREE RIVERS, VEREENIGING, 1929

Postal Address

P O BOX 172, VEREENIGING, 1930

Current Tel Number

0164540945

Cell number

0762772452

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for THOLOLO POOE

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

A T C (PTY)LTD

M1955/003773/07

In Business

59 Years 11 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

AFRICAN HEATSHRINK AND CABLE ACCESSORIES CC

B2004/066547/23

In Business

10 Years 10 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for THOLOLO POOE

Title Deed No.

TL39516/1991

Erf/Site No.

12019

Deeds Office

JOHANNESBURG

Physical Address

12019 XABA KWA-THEMA

Property Type

F

Extent / Size

 

Purchase Date

1991/06/10

Purchase price

R 5606.00

% Ownership

0.00

Bond Holder

KHAYALETHU HOME LOANS PTY LTD

Bond Number

BL488561991

Bond Amount

R 0.00

Comment

 

Property Interests for THOLOLO POOE

Title Deed No.

T46523/1995

Erf/Site No.

1281

Deeds Office

JOHANNESBURG

Physical Address

10 PLUMBAGO BRAKPAN

Property Type

F

Extent / Size

64.00000000

Purchase Date

1995/05/28

Purchase price

R 87.00

% Ownership

0.00

Bond Holder

NBS BANK LTD

Bond Number

B509651995

Bond Amount

R 87.00

Comment

 

Property Interests for THOLOLO POOE

Title Deed No.

T62012/1997

Erf/Site No.

1682

Deeds Office

PRETORIA

Physical Address

66 WALNUT VEREENIGING

Property Type

F

Extent / Size

996.00000000

Purchase Date

1997/02/18

Purchase price

R 130.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B1047111994

Bond Amount

R 28.00

Comment

 

 

Property Interests for THOLOLO POOE

 

Title Deed No.

T62012/1997

Erf/Site No.

0

Deeds Office

PRETORIA

Physical Address

66 WALNUT THREE RIVERS VEREENIGING

Property Type

E

Extent / Size

 

Purchase Date

1997/03/23

Purchase price

R130000.00

% Ownership

0.00

Bond Holder

ABSA BANK

Bond Number

B1047111994

Bond Amount

R 28000.00

Comment

 

Active Principal - 3 of 6

NATASHA CAMHEE

Surname

CAMHEE

First Name

NATASHA

Other Names

 

Marital Status

Married

ID Number

8001040046088

Verified ID Number

Yes

Current Age

34 Years 9 Months

Designation

SECRETARY

Status

Active

Appointment Date

2011/04/01

Physical Address (at time of Appointment)

LINCOLN WOOD OFFICE PARK, 6-10 WOODLANDS DRIVE, WOODMEAD, 2157

Postal Address

P O BOX 784391, SANDTON, GAUTNEG, 2146

Current Tel Number

0164306000

Cell number

 

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for NATASHA CAMHEE

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

A T C (PTY)LTD

M1955/003773/07

In Business

59 Years 11 Months

0

No

 

AIRPORTS COMPANY SOUTH AFRICA LTD

M1993/004149/06

In Business

21 Years 9 Months

0

No

 

ARENKWE TRADING AND PROJECTS CC

B2010/165808/23

In Business

4 Years 4 Months

0

No

 

ATEMA (PTY)LTD

M1988/004360/07

In Business

26 Years 2 Months

0

No

 

NPC ELECTRONICS LTD

M1934/006265/06

In Business

80 Years 8 Months

0

No

 

NPC LICENCE HOLDER (PTY)LTD

M1991/003209/07

In Business

23 Years 11 Months

0

No

 

PANSOLUTIONS HOLDINGS LTD

M1962/004220/06

In Business

52 Years 4 Months

0

No

 

QUINCE DEBT FINANCE NO 1 (PTY)LTD

M2007/019745/07

In Business

7 Years 7 Months

0

No

 

REUNERT FINANCE COMPANY LTD

M1981/006913/06

In Business

33 Years 9 Months

0

No

 

REUTECH

COMMUNICATIONS (PTY)LTD

M1968/008535/07

In Business

46 Years 10 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                               29 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AFCAB HOLDINGS (PTY)LTD

M1991/004094/07

In Business

23 Years 11 Months

0

No

 

AFRICAN CABLES (PTY)LTD

M1935/007491/07

In Business

79 Years 7 Months

0

No

 

BLUE LAKE TELECOMS (PTY)LTD

M2005/018880/07

In Business

9 Years 9 Months

0

No

 

CIRCUIT BREAKER INDUSTRIES (PTY)LTD

M1943/015747/07

In Business

71 Years 11 Months

0

No

 

FRIEDSHELF 577 (PTY)LTD

M2005/013445/07

 

9 Years 9 Months

0

No

 

FUTRONIC (PTY)LTD

M1989/001594/07

In Business

25 Years 1 Months

0

No

 

KOPANO SOLUTIONS COMPANY (PTY)LTD

M2004/030070/07

In Business

10 Years 10 Months

0

No

 

LEXSHELL 661 INVESTMENTS (PTY)LTD

M2005/021399/07

In Business

9 Years 9 Months

0

No

 

NPC ELECTRONICS (PTY)LTD

M1934/006265/07

In Business

80 Years 8 Months

0

No

 

PANASAT (PTY)LTD

M1987/002433/07

In Business

27 Years 3 Months

0

No

 

PANSOLUTIONS (PTY)LTD

M1999/015209/07

In Business

15 Years 3 Months

0

No

 

PANSOLUTIONS HOLDINGS (PTY)LTD

M1962/004220/07

In Business

52 Years 4 Months

0

No

 

QUINCE CAPITAL HOLDINGS (PTY)LTD

M2006/037027/07

In Business

8 Years 8 Months

0

No

 

R C AND C MANUFACTURING COMPANY (PTY)LTD

M1987/001382/07

In Business

27 Years 3 Months

0

No

 

REUMECH ERMETEK (PTY)LTD

M1987/004810/07

In Business

27 Years 3 Months

0

No

 

REUNERT CONNECT (PTY)LTD

M1999/024095/07

In Business

15 Years 3 Months

0

No

 

REUNERT FINANCE COMPANY (PTY)LTD

M1981/006913/07

In Business

33 Years 9 Months

0

No

 

REUNERT MANAGEMENT SERVICES (PTY)LTD

M1980/007949/07

In Business

34 Years 10 Months

0

No

 

REUTECH (PTY)LTD

M1963/005035/07

In Business

51 Years 3 Months

0

No

 

REUTECH MINING (PTY)LTD

M1984/010085/07

In Business

30 Years 6 Months

0

No

 

REUTECH RADAR SYSTEMS (PTY)LTD

M1999/005307/07

In Business

15 Years 3 Months

0

No

 

ROYCE IMAGING INDUSTRIES (PTY)LTD

M2001/000792/07

In Business

13 Years 1 Months

0

No

 

SPAIRNET (PTY)LTD

M1987/003351/07

In Business

27 Years 3 Months

0

No

 

STERKSPRUIT HOLDINGS (PTY)LTD

M1992/005627/07

In Business

22 Years 10 Months

0

No

 

TELKOR-DOWTY (PTY)LTD

M1985/002117/07

In Business

29 Years 5 Months

0

No

 

 

Principal Deeds Information Property Interests for NATASHA CAMHEE

 

Title Deed No.

T18836/2010

Erf/Site No.

1098

Deeds Office

JOHANNESBURG

Physical Address

14 UMGENI WILRO PARK ROODEPOORT

Property Type

E

Extent / Size

 

Purchase Date

2009/07/26

Purchase price

R1150000.00

% Ownership

0.00

Bond Holder

NEDBANK LTD

Bond Number

B146072010

Bond Amount

R 925700.00

Comment

 

 

Active Principal - 4 of 6

HELMUTH FISCHER

 

Surname

FISCHER

First Name

HELMUTH

Other Names

HERMANN

Marital Status

Married

ID Number

470913

Verified ID Number

No

Current Age

67 Years 1 Months

Designation

CHIEF EXECUTIVE OFFICER

Status

Active

Appointment Date

2008/11/10

Physical Address (at time of Appointment)

5 VEGAN VILLAS, 11 GLENDOWER AVENUE, DUNVEGAN, 1609

Postal Address

PO BOX 903, ISANDO, 1600

Current Tel Number

0164306000

Cell number

 

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for HELMUTH FISCHER

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

A T C (PTY)LTD

M1955/003773/07

In Business

59 Years 11 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 HELMUTH FISCHER

 

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 6

NTYATYAMBOZOMI SIDZAMBA

Surname

SIDZAMBA

First Name

NTYATYAMBOZOMI

Other Names

NONUNCIW

Marital Status

Married

ID Number

7704260463088

Verified ID Number

Yes

Current Age

37 Years 6 Months

Designation

LEGAL COUNSEL

Status

Active

Appointment Date

2008/11/10

Physical Address (at time of Appointment)

2 BOSKRUIN VILLAS 974, CNR SWART AND KOWIE, BOSKRUIN, EXT 25, RANDBURG, 2125

Postal Address

P O BOX 644, CRESTA, 2118

Current Tel Number

0113058122

Cell number

0823178294

Shareholding/Membership

0.00

 

Business Information for NTYATYAMBOZOMI SIDZAMBA

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

A T C (PTY)LTD

M1955/003773/07

In Business

59 Years 11 Months

0

No

 

CBI-ELECTRIC ABERDARE ATC TELECOM CABLES (PTY)LTD

M1967/005978/07

In Business

47 Years 11 Months

0

No

 

 

Principal Previous Business Interests

Principal Deeds Information Property Interests for NTYATYAMBOZOMI SIDZAMBA

 

Title Deed No.

T43523/2006

Erf/Site No.

974

Deeds Office

JOHANNESBURG

Physical Address

BOSKRUIN RANDBURG

Property Type

E

Extent / Size

 

Purchase Date

2006/01/13

Purchase price

R1050000.00

% Ownership

0.00

Bond Holder

STANDARD BANK OF SOUTH AFRICA L

Bond Number

B620342006

Bond Amount

R 2200000.00

Comment

 

 

Active Principal - 6 of 6

PATRIC BANDA

 

Surname

BANDA

First Name

PATRIC

Other Names

JOSEPH

Marital Status

Married

ID Number

6012065690082

Verified ID Number

Yes

Current Age

53 Years 10 Months

Designation

EXECUTIVE MANAGEMENT

Status

Active

Appointment Date

2004/12/01

Physical Address (at time of Appointment)

11 CAMBRIDGE ROAD, BRYANSTON, SANDTON, GAUTENG, 2191

Postal Address

PO BOX 69511, BRYANSTON, SANDTON, GAUTENG, 2191

Current Tel Number

0110247888

Cell number

0824686723

Shareholding/Membership

0.00

 

Principal's Adverse - No information on record

 

Business Information for PATRIC BANDA

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

A T C (PTY)LTD

M1955/003773/07

In Business

59 Years 11 Months

0

No

 

ARROW CREEK INVESTMENTS 59 (PTY)LTD

M2006/021584/07

Deregistration Final

8 Years 8 Months

0

No

 

BUZZ TRADING 134 (PTY)LTD

M2005/015279/07

Deregistration Final

9 Years 9 Months

0

No

 

BUZZ TRADING 135 (PTY)LTD

M2005/015834/07

Deregistration Final

9 Years 9 Months

0

No

 

CADIFUSION (PTY)LTD

K2012/030499/07

Deregistration Process

2 Years 2 Months

0

No

 

CALABASH TANK

INVESTMENTS

(PTY)LTD

M2010/006223/07

Deregistration Process

4 Years 4 Months

0

No

 

DDP HOLDINGS (PTY)LTD

M2002/025225/07

In Business

0

0

No

 

DDP VALUERS (PTY)LTD

M2000/030732/07

In Business

14 Years 2 Months

0

No

 

DLP HOLDINGS (PTY)LTD

M2002/015454/07

Deregistration Process

0

0

No

 

K2013095500 (South Africa) (PTY)LTD

K2013/095500/07

In Business

1 Years 1 Months

0

No

 

MATLOTLO DEVELOPMENT INITIATIVES (PTY)LTD

K2014/165207/07

In Business

0

0

No

 

MDUMO PENSION

SERVICES

(PTY)LTD

M1995/004408/07

Deregistration Process

19 Years 7 Months

0

No

 

NALA FINANCIAL

SERVICES

(PTY)LTD

M2003/008706/07

Deregistration Final

11 Years 11 Months

0

No

 

NWANDO HOUSING

CONSORTIUM

(PTY)LTD

M2005/001474/07

Deregistration Final

9 Years 9 Months

0

No

 

POWERHOUSE

HOLDINGS

(PTY)LTD

M2003/005878/07

Deregistration Final

11 Years 11 Months

0

No

 

POWERHOUSE RAIL (PTY)LTD

M2003/008659/07

Deregistration Final

11 Years 11 Months

0

No

 

POWERHOUSE SOLAR PURCHASING (PTY)LTD

2006/007563/07

Deregistration Final

8 Years 8 Months

0

No

 

POWERHOUSE VENDING (PTY)LTD

M2006/018919/07

Deregistration Final

8 Years 8 Months

0

No

 

SA EMPORIUM EQUITY HOLDINGS (PTY)LTD

M2001/024432/07

Deregistration Final

13 Years 1 Months

0

No

 

STALLION ROAD

INDUSTRIES

(PTY)LTD

M2006/020796/07

Deregistration Final

8 Years 8 Months

0

No

 

TECHNET SYSTEMS S A (PTY)LTD

K2012/094004/07

In Business

2 Years 2 Months

0

No

 

TECHNOLOGY RENNAISSANCE HOLDINGS (PTY)LTD

M2004/008859/07

Deregistration Final

10 Years 10 Months

0

No

 

UNIQUE IDENTITY (PTY)LTD

K2011/118042/07

In Business

3 Years 3 Months

0

No

 

XULU BANDA AND

CORNELIUS

LIQUIDATORS AND FINANCIAL

ADVISORS

(PTY)LTD

2006/009247/07

Deregistration Final

8 Years 8 Months

0

No

 

ZERO CONTRACT

CATERING

(PTY)LTD

M2010/014057/07

Deregistration Process

4 Years 4 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                               14 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AFRICA SPEAKS TELECOMMUNICATION S (PTY)LTD

M1999/007385/07

Deregistration Final

15 Years 3 Months

0

No

 

AFRICASPEAKS CELLULAR (PTY)LTD

M1999/007399/07

Deregistration Final

15 Years 3 Months

0

No

 

AFRICASPEAKS

COMMUNICATIONS

(PTY)LTD

M1999/007541/07

Deregistration Final

15 Years 3 Months

0

No

 

ALLPAY NORTHWEST (PTY)LTD

M1963/001228/07

In Business

51 Years 3 Months

0

No

 

ANATHI CONSULTING ENGINEERS (PTY)LTD

M2002/018546/07

In Business

 

0

No

 

BAFENYI TRANSPORT HOLDINGS (PTY)LTD

M1999/012322/07

Deregistration Process

15 Years 3 Months

0

No

 

BANDAXULUMUS (PTY)LTD

M2002/024624/07

Deregistration Process

 

0

No

 

BTW CONSULTING (PTY)LTD

M2001/017022/07

In Business

13 Years 1 Months

0

No

 

 

ELLECON (PTY)LTD

K2012/009056/07

In Business

2 Years 2 Months

0

No

 

INGEROP SOUTH AFRICA (PTY)LTD

M1995/002049/07

In Business

19 Years 7 Months

0

No

 

JOHANNESBURG WATER MANAGEMENT (PTY)LTD

M2000/012891/07

Deregistration Final

14 Years 2 Months

0

No

 

KETAPELE-MIDLANDS INVESTMENT HOLDINGS (PTY)LTD

M2002/018517/07

In Business

 

1

No

 

KINO PROPERTIES 4 CC

B2001/011035/23

AR Final Deregistration

13 Years 1 Months

0

No

 

MDUMO NAMEPLATE CENTRE (PTY)LTD

M1997/013653/07

Deregistration Final

17 Years 5 Months

0

No

 

POWERHOUSE CONSORTIUM (PTY)LTD

M2003/008894/07

In Business

11 Years 11 Months

0

No

 

PRETORIA REISBURO (PTY)LTD

M1983/008526/07

In Business

31 Years 7 Months

0

No

 

PULA INSPECTION SERVICES CC

B1998/072671/23

Deregistration Process

16 Years 4 Months

0

No

 

SAZAICO (PTY)LTD

M1999/000066/07

Deregistration Final

15 Years 3 Months

0

No

 

SCIP ENGINEERING GROUP (PTY)LTD

M1996/015526/07

In Business

18 Years 6 Months

0

No

 

SIYAZI DIGITAL TOPOGRAPHICAL MAPPING SERVICES (PTY)LTD

M1999/021834/07

Dissolved

15 Years 3 Months

0

No

 

SYNAQ (PTY)LTD

M1966/005897/07

In Business

 

0

No

 

TABANG LOGISTICS (PTY)LTD

M1999/018053/07

Deregistration Process

15 Years 3 Months

0

No

 

TODAY''S TRADE VISION (PTY)LTD

M1995/008971/07

Deregistration Final

19 Years 7 Months

0

No

 

ZONKIZIZWE

INVESTMENTS

(PTY)LTD

M1999/006221/07

In Business

15 Years 3 Months

0

No

 

 

Principal Deeds Information Property Interests for PATRIC BANDA

 

Title Deed No.

T27027/2008

Erf/Site No.

1441

Deeds Office

PRETORIA

Physical Address

11 CAMBRIDGE BRYANSTON SANDTON

Property Type

E

Extent / Size

 

Purchase Date

2007/11/03

Purchase price

R 3650000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B277422008

Bond Amount

R 2920000.00

Comment

 

 

Property Interests for PATRIC BANDA

 

Title Deed No.

T20043/1999

Erf/Site No.

782

Deeds Office

PRETORIA

Physical Address

10 SINSAUNT SANDTON

Property Type

F

Extent / Size

875.00000000

Purchase Date

1997/09/25

Purchase price

R 295000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B100471999

Bond Amount

R 320000.00

Comment

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.11

UK Pound

1

Rs.98.15

Euro

1

Rs.77.68     

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

SMN

 

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.