|
Report Date : |
02.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
AWESOME
SNACKS (PTY)LTD |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
14.11.2003 |
|
|
|
|
Com. Reg. No.: |
M2003/028789/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Wholesale trade in foodstuffs |
|
|
|
|
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 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
South Africa |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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 |
AWESOME SNACKS
(PTY)LTD |
|
Country |
South
Africa |
|
Subject
Contact Person |
THEODORUS
ANDREAS BAKKUM - DIRECTOR |
|
Assessment |
On investigation
contact was made with THEODORUS ANDREAS BAKKUM the director of the company
who declined to provide any information. Please see the available information
obtained from CIPC below. |
|
Registered
Name |
AWESOME SNACKS (PTY)LTD |
|
Trading
as/ Division Name |
AWESOME SNACKS |
|
Previous
Name |
Unavailable |
|
Date
of Name Change |
2003-06-10 |
|
Registration
Number |
M2003/028789/07 |
|
Registration
Date |
2003/11/14 |
|
Date
Commenced Trading |
2003-11-14 |
|
Age
of Business |
10 Years 9 Months |
|
History
of Business |
The
company is in operation for the past 10 years and 9 months. |
|
History
of Principals |
There are 2 active directors within the
company. |
|
Shareholders/Members/Partners
of subject and % holding |
Unavailable |
|
Authorised
Share Capital |
R 0.00 |
|
Issued
Share Capital/Members Contribution |
R 0.00 |
|
Status |
In Business |
|
Operations
Assessment |
The
subjects main operation is to manufacture snacks. |
|
Industry/
Customers |
The subject supply's to wholesalers and
retailers. |
|
Export |
Yes |
|
Export
Countries |
|
|
Import |
None |
|
Import
Countries |
|
|
Major
Industry Code / SICC |
61221 |
|
Definition
of Code |
Wholesale trade in foodstuffs |
|
Head
Office Physical Address |
8 FIELD STREET, WILBART, GERMISTON, 1401 |
|
Head
Office Postal Address |
POSBUS 5914, WELTEVREDEN PARK, 1715 |
|
Current
Tel Number |
0114550404 |
|
Cell
Number |
0846221485 |
|
Current
Fax Number |
0114550408 |
|
Current
Email Address |
|
|
Web
Site Address |
|
|
Comments |
|
|
Company
Registered Name |
TENK
LOUBSER INGELYF INC |
||||
|
Trading
Name |
TENK
LOUBSER |
||||
|
Registration
Number |
M2000/011257/21 |
||||
|
Physical
Address |
PARC
DU LINKS KANTOORKOMPLEKS, NIBLICK WEG 7, SOMERSET-WES, 7130 |
||||
|
Postal
Address |
POSBUS
760, STELLENBOSCH, 7599 |
||||
|
Contact
Person |
SUNEL |
||||
|
Contact
Number |
0218520382 |
||||
|
Email |
|||||
|
Principals |
7 |
||||
|
Judgements
Against Subject |
None
On Record |
||||
|
Judgements
Against Principals |
None
On Record |
||||
|
Subject
Verified as Client |
|
||||
|
Practice
Number |
964921 |
||||
|
VAT
Number |
Unavailable |
||||
|
Tax
Number |
9141164146 |
||||
|
BEE
Status |
Yes |
||||
|
Financial
Year End |
June |
||||
|
No
of years in Business |
Unknown |
||||
|
Website |
|||||
|
Comment |
|
||||
|
Previous
Auditors |
|||||
|
Company Name |
Phone Number |
Time
with previous auditors |
Comment |
|
|
|
HSVDW AUDITORS
INCORPORATED |
|
|
|
|
|
|
Vat
Number |
4500206299 |
|
Status |
ACTIVE |
|
Vat
Liable Date |
2003/07/01 |
|
Tax
Number |
9245704177 |
|
Tax
Clearance Expire Date |
|
|
Financial
Year End |
November |
|
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
Organisation Chart
|
Level |
Position |
Name |
Comment |
|
|
|||
|
1 |
Director |
THEODORUS ANDREAS
BAKKUM |
|
|
|
|||
|
1 |
Director |
FRANCOIS JOHANNES
LABUSCHAGNE |
|
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 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 |
55 |
|
Active
Principals Principal
- 1 of 2 THEODORUS
BAKKUM |
|
|
Surname |
BAKKUM |
|
First
Name |
THEODORUS |
|
Other
Names |
ANDREAS |
|
Marital
Status |
|
|
ID
Number |
5211045113188 |
|
Verified
ID Number |
Yes |
|
Current
Age |
61
Years 9 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment
Date |
2003/11/14 |
|
Physical
Address (at time of Appointment) |
SCOTT
AVENUE, 11 EASTVIEW ESTATE, RANDPARK RIDGE EXT 115, 2169 |
|
Postal
Address |
POSTNET
SUITE 123,PRIVATE BAG X1, JUKSKEI PARK, 2153 |
|
Current
Tel Number |
0114623298 |
|
Cell
number |
0824695798 |
|
Shareholding/Membership |
0.00 |
Principal’s Adverse – No
information on record
Business
Information for THEODORUS BAKKUM
Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
AWESOME SNACKS (PTY)LTD |
M2003/028789/07 |
In Business |
11 Years 11 Months |
0 |
No |
|
|
BRAINWAVE
PROJECTS 447 CC |
B2002/051502/23 |
Deregistration
Process |
0 |
0 |
No |
|
|
NOPSOL CC |
B2002/022339/23 |
AR Final Deregistration |
0 |
0 |
No |
|
Principal Previous
Business Interest
Average Age of Previous Business 51
Years
Principal
Deeds Information
Property Interests for THEODORUS BAKKUM
|
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 |
|
||
Principal -
2 of 2
FRANCOIS
LABUSCHANGNE
|
Surname |
LABUSCHANGNE |
|
First
Name |
FRANCOIS |
|
Other
Names |
JOHANNES |
|
Marital
Status |
|
|
ID
Number |
6612225060082 |
|
Verified
ID Number |
Yes |
|
Current
Age |
47
Years 8 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment
Date |
2003/11/14 |
|
Physical
Address (at time of Appointment) |
12
LITTLE PLACE, SUNNYRIDGE, GERMISTON, 1401 |
|
Postal
Address |
POSTNET
SUITE 123, PRIVATE BAG X1, JUKSKEI PARK, 2153 |
|
Current
Tel Number |
0114550404 |
|
Cell
number |
0846221485 |
|
Shareholding/Membership |
0.00 |
Business
Information for FRANCOIS LABUSCHANGNE
Principal Current Business Interests
|
Company
Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
AWESOME SNACKS
(PTY)LTD |
M2003/028789/07 |
In Business |
11 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 FRANCOIS LABUSCHANGNE
|
Title
Deed No. |
T20462/1994 |
Erf/Site
No. |
468 |
|
Deeds
Office |
JOHANNESBURG |
Physical
Address |
59
AMSTERDAM GERMISTON |
|
Property
Type |
F |
Extent
/ Size |
714.00000000 |
|
Purchase
Date |
1994/02/10 |
Purchase
price |
R
127.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
STANDARD
BANK OF SOUTH AFRICA LTD |
|
Bond
Number |
B250081994 |
Bond
Amount |
R
127.00 |
|
Comment |
|
||
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.47 |
|
UK Pound |
1 |
Rs.100.43 |
|
Euro |
1 |
Rs.79.40 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.