|
Report Date : |
18.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
FUSION HOMOEOPATHICS CC |
|
|
|
|
Registered Office : |
Unit B4,Micro
Industrial Park,17-19 Hammer Ave, Strydom Park, 2169, P.O. Box 3823,Randburg,
2125 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
28.10.2010 |
|
|
|
|
Com. Reg. No.: |
B2010/147623/23 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
This
subjects' main operation is to provide quality products and dedicated
services for the homeopathic profession. The subject offers quality imported
materials from reputable suppliers, offering medicines at competitive prices,
applying ethical business practices, providing the latest scientific
information and contributing through the sharing of knowledge. |
|
|
|
|
No of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Unknown |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – 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 |
FUSION HOMOEOPATHICS CC |
|
Country |
South Africa |
|
Subject Contact Person |
UWE HOHL - MEMBER |
|
Assessment |
On
investigation contact was made with UWE HOHL the member of the business who declined
to assist with the information unless the principal enquirer is divulged.
Please see the available information on the subject below. |
|
Registered Name |
FUSION HOMOEOPATHICS CC |
|
Trading as/ Division Name |
FUSION HOMOEOPATHICS |
|
Previous Name |
None |
|
Date of Name Change |
None |
|
Registration Number |
B2010/147623/23 |
|
Registration Date |
2010/10/28 |
|
Date Commenced Trading |
01 Jan 2012 |
|
Age of Business |
4 Years |
|
History of Business |
The subject was established in 10-10-28. The subject
commenced trading only in January 2012. |
|
History of Principals |
There are 2 active members within the business. |
|
Shareholders/Members/Partners of subject and % holding |
50% - UWE HOHL 50% - AMEESHA KISHOR RAVJI |
|
Authorised Share Capital |
|
|
Issued Share Capital/Members Contribution |
|
|
Status |
In Business |
|
Operations Assessment |
This
subjects' main operation is to provide quality products and dedicated services
for the homeopathic profession. The subject offers quality imported materials
from reputable suppliers, offering medicines at competitive prices, applying
ethical business practices, providing the latest scientific information and
contributing through the sharing of knowledge. |
|
Industry/ Customers |
The subject offers the services to the health care
industry. |
|
Export |
|
|
Export Countries |
|
|
Import |
Yes |
|
Import Countries |
|
|
Major Industry Code / SICC |
93192 |
|
Definition of Code |
Clinics and related health care services |
|
Head Office Physical Address |
Unit
B4,Micro Industrial Park,17-19 Hammer Ave, Strydom Park,2169 |
|
Head Office Postal Address |
P.O.
Box 3823,Randburg, 2125 |
|
Current Tel Number |
0110273665 |
|
Cell Number |
|
|
Current Fax Number |
0865524818 |
|
Current Email Address |
|
|
Web Site Address |
|
|
Comments |
|
|
Company Registered
Name |
RALL
BESIGHEIDSKONSULTASIE CC |
|
Trading Name |
HJ Rall |
|
Registration Number |
2000/011944/23 |
|
Physical Address |
1ST FLOOR, CB
CENTRE WEST, 75 DURHAM ROAD, CLUBVIEW, 0014 |
|
Postal Address |
P O BOX 13257,
CLUBVIEW, 0014 |
|
Contact Person |
HERMANUS JACOBUS
RALL |
|
Contact Number |
0126540150 |
|
Email |
|
|
Principals |
1 |
|
Judgements Against
Subject |
1 |
|
Judgements Against
Principals |
None |
|
Subject Verified as
Client |
Yes |
|
Practice Number |
SAIBR87 |
|
VAT Number |
4670187790 |
|
Tax Number |
9289049141 |
|
BEE Status |
Unavailable |
|
Financial Year End |
February |
|
No of years in
Business |
4 Years |
|
Website |
|
|
Comment |
|
Previous Auditors Information - No Information on Record
|
Financial
Year End |
February |
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
Organization Chart
|
Level |
Position |
Name |
|
1 |
Member |
UWE
HOHL |
|
1 |
Member |
AMEESHA
KISHOR RAVJI |
Company structure
(ownership)
Note: one level up and all levels down
|
Holding |
Company |
|
50%
- UWE HOHL |
FUSION
HOMOEOPATHICS CC |
|
50%
- AMEESHA KISHOR RAVJI |
FUSION
HOMOEOPATHICS CC |
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 Information - No
Information on Record
Bank Code History - No
Information on Record
Previous Bank Account
Information - No Information on Record
Deeds Information - No
information on record
|
Number
of Principals |
2 |
|
Average
Age of Active Principals |
37 |
|
Active
Principals Active Principal - 1 of 2 UWE HOHL |
|
|
Surname |
HOHL |
|
First
Name |
UWE |
|
Other
Names |
None |
|
Marital
Status |
Single |
|
ID
Number |
7510215182081 |
|
Verified
ID Number |
Yes |
|
Current
Age |
39
Years |
|
Designation |
Member |
|
Status |
Active |
|
Appointment
Date |
2010/10/28 |
|
Physical
Address (at time of Appointment) |
363
PINE AVE, FERNDALE, RANDBURG, 2194 |
|
Postal
Address |
P.O.
BOX 3823, RANDBURG, 2125 |
|
Current
Tel Number |
0117874447 |
|
Cell
number |
0844002114 |
|
Shareholding/Membership |
50% |
Principal’s Adverse – No Information on Record
Business Information for
UWE HOHL
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
FUSION HOMOEOPATHICS CC |
B2010/147623/23 |
In Business |
4 Years 4 Months |
0 |
No |
Principal's Previous
Business Interests - No information on record
Principal's Deeds
Information - No information on record
Active Principal - 2 of 2
AMEESHA RAVJI
|
Surname |
RAVJI |
|
First
Name |
AMEESHA |
|
Other
Names |
KISHORE |
|
Marital
Status |
Married |
|
ID
Number |
7912010213089 |
|
Verified
ID Number |
Yes |
|
Current
Age |
34
Years 10 Months |
|
Designation |
Member |
|
Status |
Active |
|
Appointment
Date |
2010/10/28 |
|
Physical
Address (at time of Appointment) |
5305
LEGAE, GERALD SEKOTA STR, NEWTOWN, JOHANNESBURG, 2001 |
|
Postal
Address |
P.O.BOX
2135, SOUTHDALE, JOHANNESBURG, 2135 |
|
Current
Tel Number |
0110273665 |
|
Cell
number |
0827673665 |
|
Shareholding/Membership |
50% |
Principal’s Adverse – No Information on Record
Business Information for AMEESHA RAVJI
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
FUSION HOMOEOPATHICS CC |
B2010/147623/23 |
In Business |
4 Years 4 Months |
0 |
No |
Principal's Previous
Business Interests - No information on record
Principal's Deeds
Information - No information on record
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.62 |
|
|
1 |
Rs.99.12 |
|
Euro |
1 |
Rs.78.89 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TPT |
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.