MIRA
INFORM REPORT
|
Report Date : |
10.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
|
|
|
|
|
Registered Office : |
Assore
house, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
15.05.1930 |
|
|
|
|
Com. Reg. No.: |
M1930/002363/06 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Wholesale
trade in metal and metal ores |
|
|
|
|
No. of Employees |
Not Available |
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 |
Company name and address
|
Subject
Name |
ORE AND METAL CO LTD |
|
Subject
Contact Person |
UGASH
CHATHULI - MANAGER |
|
Assessment |
On
investigation contact was made with UGASH CHATHULI a manager at the company
who declined to assist with any information. The subject is a large well
established company that forms part of a listed international group. The
company would be considered as equal to its normal business engagements.
Please see the available information below. |
Company Information
|
Registered
Name |
ORE AND METAL COMPANY LTD |
|
Trading
as/ Division Name |
|
|
Previous
Name |
Unavailable |
|
Date of
Name Change |
Unavailable |
|
Registration
Number |
M1930/002363/06 |
|
Registration
Date |
1930/05/15 |
|
Date
Commenced Trading |
1930-05-15 |
|
Age of
Business |
84 Years
3 Months |
|
History
of Business |
The
company is in operation for the past 84 Years and 3 Months and is part of the
large listed ASSORE LIMITED group . |
|
History
of Principals |
There
are 14 active directors within the company. |
|
Shareholders/Members/Partners
of subject and % holding |
100% -
ASSORE LIMITED listed on the JSE |
|
Authorised
Share Capital |
|
|
Issued
Share Capital/Members Contribution |
|
|
Status |
In
Business |
|
Operations
Assessment |
Ore
& Metal Company Limited is responsiblefor the marketing, sales and
shipping ofall the group's products, including thoseproduced by the three
divisions of Assmang.Strong relationships have been establishedwith customers
in Europe, North America,South America, India and the Far East. |
|
Industry/
Customers |
The
subject will supply the metal and steel industry |
|
Export |
Yes |
|
Export
Countries |
|
|
Import |
|
|
Import
Countries |
|
|
Major
Industry Code / SICC |
61420 |
|
Definition
of Code |
Wholesale
trade in metal and metal ores |
|
Head
Office Physical Address |
ASSORE
HOUSE, 15 FRICKER ROAD, JOHANNESBURG,Gauteng, 2196 |
|
Head
Office Postal Address |
PRIVATE
BAG X03, NORTHLANDS, JOHANNESBURG, Gauteng, 2116 |
|
Current
Tel Number |
0117706800 |
|
Cell
Number |
Unavailable |
|
Current
Fax Number |
0112686921 |
|
Current
Email Address |
Unavailable |
|
Web Site
Address |
|
|
Comments |
|
Auditors Information
|
Company
Registered Name |
ERNST
AND YOUNG (PTY)LTD |
|
Trading
Name |
ERNST
AND YOUNG |
|
Registration
Number |
1998/014077/07 |
|
Physical
Address |
52
CORLETT DRIVE, WANDERERS OFFICE PARK, ILLOVO, 2196 |
|
Postal
Address |
P O BOX
2322, JOHANNESBURG, 2000 |
|
Contact
Person |
FATHIMA |
|
Contact
Number |
0117723000 |
|
Email |
|
|
Principals |
1 |
|
Judgements
Against Subject |
None |
|
Judgements
Against Principals |
None |
|
Subject
Verified as Client |
Yes |
|
Practice
Number |
918288E |
|
VAT
Number |
Unavailable |
|
Tax
Number |
9471356841 |
|
BEE
Status |
Unavailable |
|
Financial
Year End |
March |
|
No of
years in Business |
37 Years
5 Months |
|
Website |
|
|
Comment |
|
Previous Auditors Information - No Information on Record
Tax Information
|
Vat
Number |
|
|
Status |
|
|
Vat
Liable Date |
|
|
Tax
Number |
9575087714 |
|
Tax
Clearance Expire Date |
|
|
Financial
Year End |
June |
|
Comment |
|
Black Economic Empowerment Information - No Information on
Record
ISO Information - No Information on Record
Work Mans Information - No Information on Record
Company Structure
Subsidiaries
|
Subsidiary
Company |
MINERALS
U.S. LLC |
|
Shareholding |
51% |
|
Registration
Number |
|
|
Import /
Export |
|
|
Comment |
A
company in the USA- markets minerals and alloy products. |
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
Management Overview
Level Position Name
1 Director HERMANUS LUKAS
SMITH
1 Director SAMANTHA
MCFADYEN
1 Director PATRIZIA CINZIA
TENNENT
1 Director CARINA CLAASSEN
1 Director ROSS ANTHONY
DAVIES
1 Director CONRAD ELS
1 Director PATRICK EUGENIO SACCO
1 Director BASTIAAN HENDRIKUS VAN
1 Director ASWEGEN
1 Director JACOB CORNELIUS VENTER
1 Director ALASTAIR MC ADAM
1 Director ALASTAIR DUNCAN STALKER
1 Director CHRISTOPHER JOHN CORY
1 Director DESMOND GIULIO SACCO
Key Deals - No Information on
Record
Trade References Information - No Information on Record
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 - 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
Principals
|
Number of
Principals |
14 |
|
Average
Age of Active Principals |
50 |
|
Active Principals Principal - 1 of 13 HERMANUS SMITH |
|
|
Surname |
SMITH |
|
First
Name |
HERMANUS |
|
Other
Names |
LUKAS |
|
Marital
Status |
|
|
ID
Number |
6910095223081 |
|
Verified
ID Number |
Yes |
|
Current
Age |
44 Years
10 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment
Date |
2012/09/01 |
|
Physical
Address (at time of Appointment) |
SMALLHOLDING
Z227, ZWAVELPOORT, 0036 |
|
Postal
Address |
PO BOX 2252,
ZWAVELPOORT, ZWAVELPOORT, 0036 |
|
Current
Tel Number |
0132560133 |
|
Cell
number |
0823734879 |
|
Shareholding/Membership |
0.00 |
Business Information for HERMANUS SMITH
Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
BEWEGING
VIR CHRISTELIK-VOLKSEIE ONDERWYS |
M1996/002281/08 |
In
Business |
18 Years
6 Months |
0 |
No |
|
|
LEOPARD''S
BUSH HOME OWNERS ASSOCIATION |
M2003/031091/08 |
Deregistration
Process |
11 Years
11 Months |
0 |
No |
|
|
ORE AND
METAL COMPANY LTD |
M1930/002363/06 |
In
Business |
0 |
0 |
No |
|
Principal Previous Business Interests
|
Company Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
AFRICAN MINING AND TRUST COMPANY
LTD |
M1931/003633/06 |
In Business |
83 Years
11 Months |
0 |
No |
|
Principal Deeds Information
|
Property
Interests for HERMANUS SMITH |
|||
|
Title
Deed No. |
T117891/2006 |
Erf/Site
No. |
1602 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
1602
SEDIBA BURGERSFORT BURGERSFORT |
|
Property
Type |
E |
Extent /
Size |
|
|
Purchase
Date |
2006/01/25 |
Purchase
price |
R194000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
STANDARD
BANK VAN SUID-AFRIKA L |
|
Bond
Number |
B1485642006 |
Bond
Amount |
R1259143.00 |
|
Comment |
|
||
|
Property
Interests for HERMANUS SMITH |
|||
|
Title
Deed No. |
T18933/2011 |
Erf/Site
No. |
373 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
CITY OF TSHWANE
RURAL |
|
Property
Type |
F |
Extent /
Size |
|
|
Purchase
Date |
2011/01/26 |
Purchase
price |
R
5500000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
STANDARD
BANK VAN SUID-AFRIKA L |
|
Bond
Number |
B138792011 |
Bond
Amount |
R
3000000.00 |
|
Comment |
|
||
|
Property
Interests for HERMANUS SMITH |
|||
|
Title
Deed No. |
T18932/2011 |
Erf/Site
No. |
742 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
CITY OF
TSHWANE RURAL |
|
Property
Type |
F |
Extent /
Size |
|
|
Purchase
Date |
2011/01/26 |
Purchase
price |
R
5500000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
STANDARD
BANK VAN SUID-AFRIKA L |
|
Bond
Number |
B138792011 |
Bond
Amount |
R
3000000.00 |
|
Comment |
|
||
|
Property
Interests for HERMANUS SMITH |
|||
|
Title
Deed No. |
T14632/1997 |
Erf/Site
No. |
438 |
|
Deeds
Office |
CAPE
TOWN |
Physical
Address |
19 ALOE
BOGGOMSBAAI |
|
Property
Type |
F |
Extent /
Size |
643.00000000 |
|
Purchase
Date |
1996/12/30 |
Purchase
price |
R
65000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
STANDARD
BANK OF SOUTH AFRICA LTD |
|
Bond
Number |
B106931997 |
Bond
Amount |
R
46500.00 |
|
Comment |
|
||
Business Information for SAMANTHA MC FADYEN Principal Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
UNIT 63
SANTANA CC |
B1999/029756/23 |
Deregistration
Final |
15 Years
3 Months |
0 |
No |
|
|
ORE AND
METAL COMPANY LTD |
M1930/002363/06 |
In
Business |
0 |
0 |
No |
|
Principal - 3 of 13 PATRICIA TENNENT
|
Surname |
TENNENT |
|
First
Name |
PATRICIA |
|
Other
Names |
CINZIA |
|
Marital
Status |
|
|
ID
Number |
5401060090086 |
|
Verified
ID Number |
Yes |
|
Current
Age |
60 Years
7 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment
Date |
2012/03/01 |
|
Physical
Address (at time of Appointment) |
12
BRENDA STREET, EDENGLEN, 1609 |
|
Postal
Address |
PRIVATE
BAG X03,NORTHLANDS, 2116 |
|
Current
Tel Number |
0117706800 |
|
Cell
number |
0829419708 |
|
Shareholding/Membership |
0.00 |
Business Information for PATRICIA TENNENT Principal Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
COATIQUE
(PTY)LTD |
M1999/026316/07 |
Dissolved |
15 Years
3 Months |
0 |
No |
|
|
ORE AND
METAL COMPANY LTD |
M1930/002363/06 |
In
Business |
0 |
0 |
No |
|
|
TENSHARE
CC |
B1998/017879/23 |
Deregistration
Final |
16 Years
4 Months |
0 |
No |
|
|
VIKING COMMUNICATIONS
CC |
B1998/072535/23 |
In
Business |
16 Years
4 Months |
0 |
No |
|
Principal - 4 of 13 CARINA CLAASSEN
|
Surname |
CLAASSEN |
|
First
Name |
CARINA |
|
Other
Names |
|
|
Marital
Status |
|
|
ID
Number |
7805260015081 |
|
Verified
ID Number |
Yes |
|
Current Age |
36 Years
3 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment
Date |
2010/09/01 |
|
Physical
Address (at time of Appointment) |
27
SHARALUMBI, 340 MAIN AVENUE, FERNDALE, 2195 |
|
Postal
Address |
PRIVATE
BAG X03, NORTHLANDS, 2116 |
|
Current
Tel Number |
0117706913 |
|
Cell
number |
0832011939 |
|
Shareholding/Membership |
0.00 |
Business Information for CARINA CLAASSEN Principal Current
Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
ORE AND
METAL COMPANY LTD |
M1930/002363/06 |
In
Business |
0 |
0 |
No |
|
Principal Deeds Information
|
Property
Interests for CARINA CLAASSEN |
|||
|
Title
Deed No. |
ST41643/2008 |
Erf/Site
No. |
797,0 |
|
Deeds Office |
PRETORIA |
Physical
Address |
338 MAIN
FERNDALE RANDBURG |
|
Property
Type |
U |
Extent /
Size |
|
|
Purchase
Date |
2007/07/17 |
Purchase
price |
R
460000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
STANDARD
BANK OF SOUTH AFRICA L |
|
Bond
Number |
SB436112008 |
Bond
Amount |
R
483000.00 |
|
Comment |
|
||
|
Property
Interests for CARINA CLAASSEN |
|||
|
Title
Deed No. |
T77390/2012 |
Erf/Site
No. |
2757 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
NORTH
RIDING RANDBURG |
|
Property
Type |
E |
Extent /
Size |
|
|
Purchase
Date |
2012/07/31 |
Purchase
price |
R1650000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
FIRSTRAND
BANK LTD |
|
Bond
Number |
B463402012 |
Bond
Amount |
R1550000.00 |
|
Comment |
|
||
Principal - 5 of 13 ROSS DAVIES
|
Surname |
DAVIES |
|
First
Name |
ROSS |
|
Other
Names |
ANTHONY |
|
Marital
Status |
|
|
ID
Number |
7004215257085 |
|
Verified
ID Number |
Yes |
|
Current
Age |
44 Years
4 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment
Date |
2009/10/01 |
|
Physical
Address (at time of Appointment) |
21
FLETCHING AVENUE, ESSEXWOLD, BEDFORDVIEW, JOHANNESBURG, 2007 |
|
Postal
Address |
PRIVATE
BAG X03, NORTHLANDS, JOHANNESBURG, 2116 |
|
Current
Tel Number |
0114536049 |
|
Cell
number |
0828972392 |
|
Shareholding/Membership |
0.00 |
Business Information for ROSS DAVIES
Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
AFRICAN MINING
AND TRUST COMPANY LTD |
M1931/003633/06 |
In
Business |
83 Years
11 Months |
0 |
No |
|
|
GROUP
LINE PROJECTS (PTY)LTD |
M1991/000798/07 |
In
Business |
23 Years
11 Months |
0 |
No |
|
|
ICERMAX
(PTY)LTD |
K2012/089070/07 |
In
Business |
2 Years 2
Months |
0 |
No |
|
|
MINERAIS HOLDINGS (PTY)LTD |
M1999/006521/07 |
In
Business |
15 Years
3 Months |
0 |
No |
|
|
ORE AND
METAL COMPANY LTD |
M1930/002363/06 |
In
Business |
0 |
0 |
No |
|
|
WONDERSTONE
1937 LTD |
M1937/009964/06 |
In
Business |
77 Years
5 Months |
0 |
No |
|
|
WONDERSTONE
LTD |
M1935/006371/06 |
In
Business |
79 Years
7 Months |
0 |
No |
|
|
XERTECH
(PTY)LTD |
M2001/006462/07 |
In
Business |
13 Years
1 Months |
0 |
No |
|
|
ZEERUST
CHROME MINES LTD |
M1962/001355/06 |
In Business |
52 Years
4 Months |
0 |
No |
|
Principal Previous Business Interests
|
Company Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
RICHGROVE UNIT 42 INVESTMENTS CC |
B1996/052692/23 |
Deregistration Final |
18 Years 6
Months |
0 |
No |
|
|
RICHGROVE UNIT 79 INVESTMENTS CC |
B1996/052654/23 |
Deregistration Final |
18 Years 6
Months |
0 |
No |
|
|
RUSTENBURG MINERALS DEVELOPMENT
COMPANY (PTY)LTD |
M1968/002462/07 |
In
Business |
46 Years 10
Months |
0 |
No |
|
|
Property
Interests for ROSS DAVIES |
|||
|
Title
Deed No. |
ST37395/2003 |
Erf/Site
No. |
3119,0 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
15
BANTRY BRYANSTON SANDTON |
|
Property
Type |
U |
Extent /
Size |
|
|
Purchase
Date |
2003/01/13 |
Purchase
price |
R
548545.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
NEDBANK
LTD |
|
Bond
Number |
SB247602003 |
Bond
Amount |
R
538545.00 |
|
Comment |
|
||
|
Property
Interests for ROSS DAVIES |
|||
|
Title
Deed No. |
T50272/2000 |
Erf/Site
No. |
389 |
|
Deeds
Office |
JOHANNESBURG |
Physical
Address |
52
GLENDOWER EDENVALE |
|
Property
Type |
F |
Extent /
Size |
991.00000000 |
|
Purchase
Date |
2000/06/26 |
Purchase
price |
R
425000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
NEDCOR
BANK LTD |
|
Bond
Number |
B296202000 |
Bond
Amount |
R
382500.00 |
|
Comment |
|
||
Principal - 6 of 13
CONRAD ELS
|
Surname |
ELS |
|
First
Name |
CONRAD |
|
Other
Names |
|
|
Marital
Status |
|
|
ID
Number |
7209095209086 |
|
Verified
ID Number |
Yes |
|
Current
Age |
41 Years
11 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment
Date |
2007/07/01 |
|
Physical
Address (at time of Appointment) |
49
VILLAGE DRIVE, VILLAGE VIEW, CENTURION, Gauteng, 0046 |
|
Postal
Address |
PRIVATE
BAGX 03, NORTHLANDS, JOHANNESBURG, 2116 |
|
Current
Tel Number |
0117706884 |
|
Cell
number |
0823311251 |
|
Shareholding/Membership |
0.00 |
Business Information for CONRAD ELS
Principal Current Business Interests
|
Company
Name |
Registration
No |
Status |
Age of
Business |
Judgements |
Liquidation |
Comment |
|
ORE AND
METAL COMPANY LTD |
M1930/002363/06 |
In
Business |
0 |
0 |
No |
|
|
TIGRUS
PROPERTY MANAGEMENT CC |
B2004/020278/23 |
Deregistration
Final |
10 Years
10 Months |
0 |
No |
|
Principal Previous Business Interests
|
Company Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
UNIWORKS CONSTRUCTION CC |
B2006/018028/23 |
Deregistration Process |
8 Years 8
Months |
0 |
No |
|
Principal Deeds Information Property Interests for CONRAD ELS
|
Title
Deed No. |
T114876/2001 |
Erf/Site
No. |
1092 |
|
Deeds
Office |
PRETORIA |
Physical
Address |
49
VILLAGE IRENE CENTURION |
|
Property
Type |
E |
Extent /
Size |
|
|
Purchase
Date |
2001/05/22 |
Purchase
price |
R212000.00 |
|
%
Ownership |
0.00 |
Bond
Holder |
SAAMBOU
BANK LTD |
|
Bond
Number |
B764842001 |
Bond
Amount |
R212000.00 |
|
Comment |
|
||
Principal
- 7 of 13 PATRICK SACCO
|
Surname |
SACCO |
|
First Name |
PATRICK |
|
Other Names |
EUGENIO |
|
Marital Status |
|
|
ID Number |
7802275235085 |
|
Verified ID Number |
Yes |
|
Current Age |
36 Years 6 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2007/07/01 |
|
Physical Address (at time
of Appointment) |
1 BROADLANDS, 4TH ROAD,
HYDE PARK, 2195 |
|
Postal Address |
PRIVATE BAG X03,
NORTHLANDS, JOHANNESBURG, Gauteng, 2116 |
|
Current Tel Number |
0117706800 |
|
Cell number |
0732783741 |
|
Shareholding/Membership |
0.00 |
Business
Information for PATRICK SACCO Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
AFRICAN MINING AND TRUST
COMPANY LTD |
M1931/003633/06 |
In Business |
83 Years 11 Months |
0 |
No |
|
|
ASSMANG LTD |
M1935/007343/06 |
In Business |
79 Years 7 Months |
0 |
No |
|
|
ASSORE LTD |
M1950/037394/06 |
In Business |
64 Years 4 Months |
0 |
No |
|
|
ORE AND METAL COMPANY LTD |
M1930/002363/06 |
In Business |
0 |
0 |
No |
|
|
ORESTEEL INVESTMENTS (PTY)LTD |
M1975/003008/07 |
In Business |
39 Years 3 Months |
0 |
No |
|
|
THE SACCO COMMUNITY CENTRE |
M2009/013212/08 |
In Business |
5 Years 5 Months |
0 |
No |
|
|
WONDERSTONE LTD |
M1935/006371/06 |
In Business |
79 Years 7 Months |
0 |
No |
|
|
XERTECH (PTY)LTD |
M2001/006462/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
ZEERUST CHROME MINES LTD |
M1962/001355/06 |
In Business |
52 Years 4 Months |
0 |
No |
|
Principal
Deeds Information Property Interests for
PATRICK SACCO
|
Title Deed No. |
T25846/2007 |
Erf/Site No. |
258 |
|
Deeds Office |
PRETORIA |
Physical Address |
128 SIXTH HYDE PARK |
|
Property Type |
F |
Extent / Size |
1569.00000000 |
|
Purchase Date |
2005/10/14 |
Purchase price |
R 3000000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
|
Comment |
|
||
|
Property Interests for
PATRICK SACCO |
|||
|
Title Deed No. |
T83659/2003 |
Erf/Site No. |
1708 |
|
Deeds Office |
JOHANNESBURG |
Physical Address |
88 NINTH JOHANNESBURG |
|
Property Type |
F |
Extent / Size |
495.00000000 |
|
Purchase Date |
2003/10/07 |
Purchase price |
R1650000.00 |
|
% Ownership |
0.00 |
Bond Holder |
T33431971 |
|
Bond Number |
VA16431997 |
Bond Amount |
R 0.00 |
|
Comment |
|
||
|
Property Interests for
PATRICK SACCO |
|||
|
Title Deed No. |
T32402/2011 |
Erf/Site No. |
631 |
|
Deeds Office |
PRETORIA |
Physical Address |
HYDE PARK SANDTON |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2011/03/21 |
Purchase price |
R 28000000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
K28291977S |
Bond Amount |
R 0.00 |
|
Comment |
|
||
Business
Information for BASTIAAN VAN ASWEGEN
Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
AFRICAN MINING AND TRUST
COMPANY LTD |
M1931/003633/06 |
In Business |
83 Years 11 Months |
0 |
No |
|
|
ASSMANG LTD |
M1935/007343/06 |
In Business |
79 Years 7 Months |
0 |
No |
|
|
ORE AND METAL COMPANY LTD |
M1930/002363/06 |
In Business |
0 |
0 |
No |
|
|
RUSTENBURG MINERALS DEVELOPMENT COMPANY (PTY)LTD |
M1968/002462/07 |
In Business |
46 Years 10 Months |
0 |
No |
|
|
WONDERSTONE LTD |
M1935/006371/06 |
In Business |
79 Years 7 Months |
0 |
No |
|
|
ZEERUST CHROME MINES LTD |
M1962/001355/06 |
In Business |
52 Years 4 Months |
0 |
No |
|
Principal
Previous Business Interests
|
Company Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
ASSORE LTD |
M1950/037394/06 |
In
Business |
64 Years 4 Months |
0 |
No |
|
|
MIDNIGHT
STORM INVESTMENTS 19 (PTY)LTD |
M2003/024697/07 |
In
Business |
11 Years
11 Months |
0 |
No |
|
|
MIDNIGHT
STORM INVESTMENTS 36 (PTY)LTD |
M2003/025889/07 |
Deregistration
Final |
11 Years
11 Months |
0 |
No |
|
Principal
Deeds Information Property Interests for
BASTIAAN VAN ASWEGEN
|
Title Deed No. |
T9930/1999 |
Erf/Site No. |
0 |
|
Deeds Office |
PRETORIA |
Physical Address |
118 CENTURION EAST
CENTURION GOLF ESTATE CENTURION |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
1998/11/11 |
Purchase price |
R210000.00 |
|
% Ownership |
0.00 |
Bond Holder |
ABSA BANK LTD |
|
Bond Number |
B54851999 |
Bond Amount |
R 650000.00 |
|
Comment |
|
||
Property Interests for
BASTIAAN VAN ASWEGEN
|
Title Deed No. |
T95520/1995 |
Erf/Site No. |
2062 |
|
Deeds Office |
PRETORIA |
Physical Address |
7 JOCHEM VAN BRUGGEN
MIDDELBURG |
|
Property Type |
F |
Extent / Size |
2028.00000000 |
|
Purchase Date |
1995/07/13 |
Purchase price |
R 358.00 |
|
% Ownership |
0.00 |
Bond Holder |
ABSA BANK LTD |
|
Bond Number |
B940201995 |
Bond Amount |
R 380.00 |
|
Comment |
|
||
Principal
- 9 of 13 JACOB VENTER
|
Surname |
VENTER |
|
First Name |
JACOB |
|
Other Names |
CORNELIUS |
|
Marital Status |
|
|
ID Number |
7101275041084 |
|
Verified ID Number |
Yes |
|
Current Age |
43 Years 7 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2004/07/01 |
|
Physical Address (at time
of Appointment) |
1 BAILEY STREET,
MIDSTREAM ESTATE, 1692 |
|
Postal Address |
PRIVATE BAG X 03,
NORTHLANDS, JOHANNESBURG, 2116 |
|
Current Tel Number |
0114817623 |
|
Cell number |
0828824279 |
|
Shareholding/Membership |
0.00 |
Business
Information for JACOB VENTER
Principal
Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ASSMANG LTD |
M1935/007343/06 |
In Business |
79 Years 7 Months |
0 |
No |
|
|
ORE AND METAL COMPANY LTD |
M1930/002363/06 |
In Business |
0 |
0 |
No |
|
Principal
Deeds Information
|
Property Interests for
JACOB VENTER |
|||
|
Title Deed No. |
T41817/2001 |
Erf/Site No. |
4125 |
|
Deeds Office |
PRETORIA |
Physical Address |
145 BONDEV CENTURION |
|
Property Type |
F |
Extent / Size |
1080.00000000 |
|
Purchase Date |
2001/03/03 |
Purchase price |
R189000.00 |
|
% Ownership |
0.00 |
Bond Holder |
SAAMBOU BANK LTD |
|
Bond Number |
B303912001 |
Bond Amount |
R 530000.00 |
|
Comment |
|
||
|
Property Interests for
JACOB VENTER |
|||
|
Title Deed No. |
T84500/2007 |
Erf/Site No. |
636 |
|
Deeds Office |
PRETORIA |
Physical Address |
6 BAILEY MIDSTREAM ESTATE
OLIFANTSFONTEIN |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2007/01/26 |
Purchase price |
R 2800000.00 |
|
% Ownership |
0.00 |
Bond Holder |
NEDBANK LTD |
|
Bond Number |
B1052312007 |
Bond Amount |
R1650000.00 |
|
Comment |
|
||
|
Property Interests for
JACOB VENTER |
|||
|
Title Deed No. |
T23136/1997 |
Erf/Site No. |
786 |
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
23 MACKILLICAN NEWCASTLE |
|
Property Type |
F |
Extent / Size |
1533.00000000 |
|
Purchase Date |
1997/04/18 |
Purchase price |
R153.00 |
|
% Ownership |
0.00 |
Bond Holder |
ABSA BANK LTD |
|
Bond Number |
B225261997 |
Bond Amount |
R 165.00 |
|
Comment |
|
||
Principal
- 10 of 13 ALISTAIR MC ADAM
|
Surname |
MC ADAM |
|
First Name |
ALISTAIR |
|
Other Names |
|
|
Marital Status |
|
|
ID Number |
6008305270107 |
|
Verified ID Number |
Yes |
|
Current Age |
54 Years |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
2001/01/01 |
|
Physical Address (at time
of Appointment) |
15 BYZANCE AVENUE,
WATERFORD ESTATE, FOURWAYS, Gauteng, 2055 |
|
Postal Address |
PRIVATE BAG X03,
NORTHLANDS, JOHANNESBURG, Gauteng, 2116 |
|
Current Tel Number |
0117706885 |
|
Cell number |
0833204329 |
|
Shareholding/Membership |
0.00 |
Business
Information for ALISTAIR MC ADAM Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ASSMANG LTD |
M1935/007343/06 |
In Business |
79 Years 7 Months |
0 |
No |
|
|
ORE AND METAL COMPANY LTD |
M1930/002363/06 |
In Business |
0 |
0 |
No |
|
Principal
Previous Business Interests
|
Company Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
WATERFORD ESTATE HOMEOWNERS ASSOCIATION |
M1996/005224/08 |
In Business |
18 Years 6 Months |
0 |
No |
|
Principal
- 11 of 13 ALASTAIR STALKER
|
Surname |
STALKER |
|
First Name |
ALASTAIR |
|
Other Names |
DUNCAN |
|
Marital Status |
|
|
ID Number |
5008105024101 |
|
Verified ID Number |
Yes |
|
Current Age |
63 Years 10 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
1998/03/16 |
|
Physical Address (at time
of Appointment) |
9 LENIE STREET, DISCOVERY
EXT 10, DISCOVERY EXT 10, Gauteng, 1710 |
|
Postal Address |
PRIVATE BAG X03,
NORTHLANDS, JOHANNESBURG, Gauteng, 2116 |
|
Current Tel Number |
0117706886 |
|
Cell number |
0828716780 |
|
Shareholding/Membership |
0.00 |
Business
Information for ALASTAIR STALKER Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
ASSMANG LTD |
M1935/007343/06 |
In Business |
79 Years 7 Months |
0 |
No |
|
|
ASSORE LTD |
M1950/037394/06 |
In Business |
64 Years 4 Months |
0 |
No |
|
|
ORE AND METAL COMPANY LTD |
M1930/002363/06 |
In Business |
0 |
0 |
No |
|
Principal
- 12 of 13 CHRISTOPHER CORY
|
Surname |
CORY |
|
First Name |
CHRISTOPHER |
|
Other Names |
JOHN |
|
Marital Status |
|
|
ID Number |
5202135045083 |
|
Verified ID Number |
Yes |
|
Current Age |
62 Years 6 Months |
|
Designation |
DIRECTOR |
|
Status |
Active |
|
Appointment Date |
1992/05/04 |
|
Physical Address (at time
of Appointment) |
51 SMUTS ROAD, DUNKELD,
JOHANNESBURG, 2196 |
|
Postal Address |
PRIVATE BAG X03,
NORTHLANDS, NORTHLANDS, JOHANNESBURG, 2116 |
|
Current Tel Number |
0117706888 |
|
Cell number |
0832518551 |
|
Shareholding/Membership |
0.00 |
Business
Information for CHRISTOPHER CORY Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
AFRICAN MINING AND TRUST
COMPANY LTD |
M1931/003633/06 |
In Business |
83 Years 11 Months |
0 |
No |
|
|
ASSMANG LTD |
M1935/007343/06 |
In Business |
79 Years 7 Months |
0 |
No |
|
|
ASSOCIATED ASBESTOS LTD |
M1938/011745/06 |
Deregistration Final |
76 Years 4 Months |
0 |
No |
|
|
ASSORE LTD |
M1950/037394/06 |
In Business |
64 Years 4 Months |
0 |
No |
|
|
CATO RIDGE DEVELOPMENT
COMPANY LTD |
M1956/002268/06 |
In Business |
58 Years 10 Months |
0 |
No |
|
|
CERAMOX (PTY)LTD |
M2000/027163/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
CHROAM (PTY)LTD |
M1994/009089/07 |
In Business |
20 Years 8 Months |
0 |
No |
|
|
ERF 1263 PARKVIEW
EXTENSION 1 (PTY)LTD |
M2005/024880/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
ERVEN 27 AND 28 ILLOVO
(PTY)LTD |
M2001/000388/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
ERVEN 40 AND 41 ILLOVO
(PTY)LTD |
M1999/025517/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
|
FERALLOYS LTD |
M1957/000311/06 |
Deregistration Process |
57 Years 9 Months |
0 |
No |
|
|
GENERAL NOMINEES (PTY)LTD |
M1951/002960/07 |
In Business |
63 Years 3 Months |
0 |
No |
|
|
GROUP LINE PROJECTS (PTY)LTD |
M1991/000798/07 |
In Business |
23 Years 11 Months |
0 |
No |
|
|
ICERMAX (PTY)LTD |
K2012/089070/07 |
In Business |
2 Years 2 Months |
0 |
No |
|
|
MAIN STREET 350 (PTY)LTD |
M2005/026562/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
MAIN STREET 460 (PTY)LTD |
M2006/021404/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
MAIN STREET 904 (RF)
(PTY)LTD |
M2011/008937/07 |
In Business |
3 Years 3 Months |
0 |
No |
|
|
MINERAIS HOLDINGS (PTY)LTD |
M1999/006521/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
|
ORE AND METAL COMPANY LTD |
M1930/002363/06 |
In Business |
0 |
0 |
No |
|
|
ORESTEEL INVESTMENTS (PTY)LTD |
M1975/003008/07 |
In Business |
39 Years 3 Months |
0 |
No |
|
|
THE SACCO COMMUNITY CENTRE |
M2009/013212/08 |
In Business |
5 Years 5 Months |
0 |
No |
|
|
WONDERSTONE 1937 LTD |
M1937/009964/06 |
In Business |
77 Years 5 Months |
0 |
No |
|
|
WONDERSTONE LTD |
M1935/006371/06 |
In Business |
79 Years 7 Months |
0 |
No |
|
|
XERTECH (PTY)LTD |
M2001/006462/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
ZEERUST CHROME MINES LTD |
M1962/001355/06 |
In Business |
52 Years 4 Months |
0 |
No |
|
Principal
Previous Business Interests
|
Company Name |
Registration No |
Status |
Age
of Business |
Judgements |
Liquidation |
Comment |
|
A M T INVESTMENTS (PTY)LTD |
M1976/000849/07 |
In Business |
38 Years 2 Months |
0 |
No |
|
Principal
Deeds Information Property Interests for
CHRISTOPHER CORY
|
Title Deed No. |
ST3326/2009 |
Erf/Site No. |
3275 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
16 HIGGO GARDENS CAPE
TOWN |
|
Property Type |
U |
Extent / Size |
|
|
Purchase Date |
2009/01/08 |
Purchase price |
R2150000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
I-144672000LG |
Bond Amount |
R 0.00 |
|
Comment |
|
||
|
Property Interests for
CHRISTOPHER CORY |
|||
|
Title Deed No. |
T82/2008 |
Erf/Site No. |
704 |
|
Deeds Office |
PRETORIA |
Physical Address |
|
|
Property Type |
F |
Extent / Size |
|
|
Purchase Date |
2007/04/30 |
Purchase price |
R 795000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
|
Comment |
|
||
Property Interests for
CHRISTOPHER CORY
|
Title Deed No. |
T75226/2008 |
Erf/Site No. |
1494 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
PATERNOSTER PATERNOSTER |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2007/12/24 |
Purchase price |
R 3300000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
|
Comment |
|
||
|
Property Interests for
CHRISTOPHER CORY |
|||
|
Title Deed No. |
T11550/2013 |
Erf/Site No. |
833 |
|
Deeds Office |
CAPE TOWN |
Physical Address |
VOORSTRAND PATERNOSTER |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2013/01/13 |
Purchase price |
R 5850000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
K8692002S |
Bond Amount |
R 0.00 |
|
Comment |
|
||
Business
Information for DESMOND SACCO Principal Current Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
AFRICAN MINING AND TRUST
COMPANY LTD |
M1931/003633/06 |
In Business |
83 Years 11 Months |
0 |
No |
|
|
ASSMANG LTD |
M1935/007343/06 |
In Business |
79 Years 7 Months |
0 |
No |
|
|
ASSOCIATED ASBESTOS LTD |
M1938/011745/06 |
Deregistration Final |
76 Years 4 Months |
0 |
No |
|
|
ASSORE LTD |
M1950/037394/06 |
In Business |
64 Years 4 Months |
0 |
No |
|
|
CERAMOX (PTY)LTD |
M2000/027163/07 |
In Business |
14 Years 2 Months |
0 |
No |
|
|
D SACCO ASHMOLEDALES |
4009225057006 |
|
Unknown |
0 |
No |
|
|
ERF 1263 PARKVIEW
EXTENSION 1 (PTY)LTD |
M2005/024880/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
ERVEN 27 AND 28 ILLOVO
(PTY)LTD |
M2001/000388/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
ERVEN 40 AND 41 ILLOVO
(PTY)LTD |
M1999/025517/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
|
FERALLOYS LTD |
M1957/000311/06 |
Deregistration Process |
57 Years 9 Months |
0 |
No |
|
|
LAGERDRAAI ASBESTOS LTD |
M1905/028741/06 |
|
66 Years 6 Months |
0 |
No |
|
|
MAIN STREET 350 (PTY)LTD |
M2005/026562/07 |
In Business |
9 Years 9 Months |
0 |
No |
|
|
MAIN STREET 460 (PTY)LTD |
M2006/021404/07 |
In Business |
8 Years 8 Months |
0 |
No |
|
|
MINERAIS HOLDINGS (PTY)LTD |
M1999/006521/07 |
In Business |
15 Years 3 Months |
0 |
No |
|
|
ORE AND METAL COMPANY LTD |
M1930/002363/06 |
In Business |
0 |
0 |
No |
|
|
ORESTEEL INVESTMENTS (PTY)LTD |
M1975/003008/07 |
In Business |
39 Years 3 Months |
0 |
No |
|
|
SOUTH AFRICAN CORUNDUM
COMPANY LTD |
M1940/014161/06 |
Deregistration Process |
74 Years 2 Months |
0 |
No |
|
|
THE SACCO COMMUNITY CENTRE |
M2009/013212/08 |
In Business |
5 Years 5 Months |
0 |
No |
|
|
WONDERSTONE 1937 LTD |
M1937/009964/06 |
In Business |
77 Years 5 Months |
0 |
No |
|
|
XERTECH (PTY)LTD |
M2001/006462/07 |
In Business |
13 Years 1 Months |
0 |
No |
|
|
ZEERUST CHROME MINES LTD |
M1962/001355/06 |
In Business |
52 Years 4 Months |
0 |
No |
|
Principal
Deeds Information Property Interests for
DESMOND SACCO
|
Title Deed No. |
T11286/2010 |
Erf/Site No. |
136 |
|
Deeds Office |
PRETORIA |
Physical Address |
82 9TH HYDE PARK SANDTON |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2009/09/25 |
Purchase price |
R 42500000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
|
Comment |
|
||
Property Interests for
DESMOND SACCO
|
Title Deed No. |
T11286/2010 |
Erf/Site No. |
137 |
|
Deeds Office |
PRETORIA |
Physical Address |
40 KILLARNEY HYDE PARK
SANDTON |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2009/09/25 |
Purchase price |
R 42500000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
|
Comment |
|
||
Property Interests for
DESMOND SACCO
|
Title Deed No. |
T11286/2010 |
Erf/Site No. |
138 |
|
Deeds Office |
PRETORIA |
Physical Address |
128 9TH HYDE PARK SANDTON |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
2009/09/25 |
Purchase price |
R 42500000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
|
Comment |
|
||
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.42 |
|
|
1 |
Rs.97.24 |
|
Euro |
1 |
Rs.77.92 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIS |
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.