MIRA INFORM REPORT

 

 

Report Date :

18.09.2014              

 

IDENTIFICATION DETAILS

 

Name :

RICHARDS BAY TITANIUM (PTY) LTD

 

 

Registered Office :

Administration Block, The Farm Rbm No 16317, Administrative District Of The Western Cape, 4000

 

 

Country :

South Africa

 

 

Date of Incorporation :

21.07.2008

 

 

Com. Reg. No.:

M2008/017523/07

 

 

Legal Form :

Private company

 

 

Line of Business :

The subject commenced trading as a new company in 2008, however took over well-established operations that were originally under the BHP Billiton group.

 

 

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

 

 

 


Company name

 

Subject Name

RICHARDS BAY TITANIUM (PTY)LTD

Country

South Africa

Subject Contact Person

MOLLY MOODLEY - Financial Manager

Assessment

This is a fairly established, well connected business, that forms part of an international group. On investigation contact was made with MOLLY MOODLEY the financial manager who requested the name of the principal enquirer before she would assist with any detailed information. Please see the available information on the subject below. Should our client be able to provide the enquirers name please advise.

 

 

Company information

 

Registered Name

RICHARDS BAY TITANIUM (PTY)LTD

Trading as/ Division Name

RBM ( Richard Bay Minerals)

Previous Name

None

Date of Name Change

None

Registration Number

M2008/017523/07

Registration Date

2008/07/21

Date Commenced Trading

2008-07-21

Age of Business

6 Years 2 Months

History of Business

The subject commenced trading as a new company in 2008, however took over well established operations that were originally under the BHP Billiton group.

History of Principals

There are 10 active directors within the company.

Shareholders/Members/Partners of subject and % holding

74% - RIO TINTO24% - BLUE HORISON- B-BBEEE consortiums - EMPLOYEE TRUST

Authorised Share Capital

R1000.00

Issued Share Capital/Members Contribution

R 100.00

Status

In Business

Operations Assessment

The subject is involved in the smelting and beneficiation of minerals, that are mined by it sister company RICHARDS BAY MINING (PTY) LTD.

Industry/ Customers

The government and private sector

Export

Yes

Export Countries

 

Import

Yes

Import Countries

 

Major Industry Code / SICC

25190

Definition of Code

Other stone quarrying, including stone crushing and clay and sandpits

Head Office Physical Address

ADMINISTRATION BLOCK, THE FARM RBM NO 16317, ADMINISTRATIVE DISTRICT OF THE WESTERN CAPE, 4000

Head Office Postal Address

PO BOX 401, RICHARDS BAY, KWAZULU-NATAL, 3900

Current Tel Number

0359013074

Cell Number

Unavailable

Current Fax Number

0359013442

Current Email Address

molly.moodley@rbm.co.za

Web Site Address

www.rbm.co.za

Comments

Both the subject and its sister company namely RICHARD BAY MINING (PTY) LTD, use the same trading name of RBM.

 

 

Auditors information

 

Company Registered Name

DELOITTE AND TOUCHE ACTUARIES AND CONSULTANTS (PTY)LTD

Trading Name

DELOITTE AND TOUCHE

Registration Number

M1999/007618/07

Physical Address

DELOITTE PLACE, BUILDING 3,WOODLANDS OFFICE PARK, 20 WOODLANDS DRIVE, WOODMEAD,GAUTENG, 2052

Postal Address

PRIVATE BAG X6, GALLO MANOR, GALLO MANOR, GAUTENG, 2052

Contact Person

Declined

Contact Number

0112096805

Email

info@deloitte.co.za

Principals

2

Judgements Against Subject

None On Record

Judgements Against Principals

None On Record

Subject Verified as Client

Yes

Practice Number

901474

VAT Number

4460189394

Tax Number

9645059644

BEE Status

Unavailable

Financial Year End

May

No of years in Business

15 Years

Website

www.deloitte.com

Comment

 

 

Previous Auditors Information - No Information on Record

 

 

Tax information

 

Vat Number

 

Status

 

Vat Liable Date

 

Tax Number

9719296155

Tax Clearance Expire Date

 

Financial Year End

December

Comment

 

Black Economic Empowerment

Status

Yes

Score

5.00

Expire Date

 

BEE Certificate Available

 

Comment

 

 

ISO Information - No Information on Record

Work Mans Information - No Information on Record

 

 

Company Structure

 

Subsidiaries Information - No Information on Record

 

Employees

Number of Employees

2147

1. Salaried employees

2147

2. Waged employees

 

3. Permanent employees

 

4. Casual employees

 

5. Contracted employees

 

Comment

The employees includes the subject and a sister company called RICHADS BAY MINING PTY LTD.

 

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

 

2

DIRECTOR

JACOBUS FRANCKE PREYSER

 

 

2

DIRECTOR

MARK HOWARD DAVIES

 

 

1

CHAIR PERSON

ANDREW GREGORY COLE

 

 

2

DIRECTOR

GARY ANTHONY O'BRIEN

 

 

1

MANAGING DIRECTOR

MPHO LUCAS MOTHOA

 

 

2

DIRECTOR

PETER JOHN RAMSAY

 

 

2

DIRECTOR

MANNE EMSLEY DIPICO

 

 

2

DIRECTOR

JOHANNES BHEKUHUZI

 

 

 

MAGWAZA

 

 

2

DIRECTOR

MARION LESEGO DAWN MAROLE

 

 

2

DIRECTOR

BONGUKUPHIWA MTHETHWA

 

 

Note: One level up and all levels down

 

Holding

Company

Sub

Comment

74% - RBM RIO TINTO

RICHARDS BAY TITANIUM (PTY)LTD

NONE

 

24%o - BLUE HORISON

RICHARDS BAY TITANIUM (PTY)LTD

NONE

 

2%o - EMPLOYEE TRUST

RICHARDS BAY TITANIUM (PTY)LTD

NONE

 

 

Key Deals - No Information on Record


 

Trade References Information - No Information on Record


 

 

Principals

 

Number of Principals

10

Average Age of Active Principals

52

Active Principals Active Principal - 1 of 10 JACOBUS PREYSER

Surname

PREYSER

First Name

JACOBUS

Other Names

FRANCKE

Marital Status

 

ID Number

505233802

Verified ID Number

No

Current Age

52 Years 3 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2014/06/03

Physical Address (at time of Appointment)

9 WALLIS DRIVE, BRAMLEY, RG23 5XQ, 0000

Postal Address

2 EASTBOURNE TERRACE, LONDON, LONDON, W2 6LG, 0000

Current Tel Number

0359013440

Cell number

 

Shareholding/Membership

0.00

Business Information for JACOBUS PREYSER Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

RICHARDS BAY MINING (PTY)LTD

M2008/017609/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY

TITANIUM

(PTY)LTD

M2008/017523/07

In Business

6 Years 6 Months

0

No

 

Principal Deeds Information Property Interests for JACOBUS PREYSER

 

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 - 2 of 10 MARK DAVIES

 

Surname

DAVIES

First Name

MARK

Other Names

HOWARD

Marital Status

 

ID Number

N2519671

Verified ID Number

No

Current Age

44 Years 4 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2014/03/31

Physical Address (at time of Appointment)

CEDARWOOD CROSSFIELD PLACE, WEYBRIDGE, KT13 ORGB, UK, 0000

Postal Address

RIO TINTO, 2 EASTBOURNE TERRACE, 2 EASTBOURNE TERRACE, W2 6LG, 0000

Current Tel Number

 

Cell number

 

Shareholding/Membership

0.00

 

Business Information for MARK DAVIES

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

RICHARDS BAY MINING (PTY)LTD

M2008/017609/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY

TITANIUM

(PTY)LTD

M2008/017523/07

In Business

6 Years 6 Months

0

No

 

 

Principal Deeds Information Property Interests for MARK DAVIES

 

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 - 3 of 10 ANDREW COLE

 

Surname

COLE

First Name

ANDREW

Other Names

GREGORY

Marital Status

 

ID Number

E4044268

Verified ID Number

No

Current Age

44 Years 3 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2013/08/28

Physical Address (at time of Appointment)

333 METCALFE, MONTREAL, H3Z2J2, 0000

Postal Address

RIO TINTO 1188, SHERBROOKE MONTREAL, SHERBROOKE MONTREAL, H3A362, 0000

Current Tel Number

0359013440

Cell number

 

Shareholding/Membership

0.00

 

Business Information for ANDREW COLE

Principal Current Business Interests

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

RICHARDS BAY MINING (PTY)LTD

M2008/017609/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY PREFCO (PTY)LTD

M2008/018975/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY

TITANIUM

(PTY)LTD

M2008/017523/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY TITANIUM HOLDINGS (PTY)LTD

M2008/017528/07

In Business

6 Years 6 Months

0

No

 

 

Principal Deeds Information Property Interests for ANDREW COLE

 

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 - 4 of 10 GARY O'BRIEN

 

Surname

O'BRIEN

First Name

GARY

Other Names

ANTHONY

Marital Status

 

ID Number

099099679

Verified ID Number

No

Current Age

55 Years 1 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2013/08/28

Physical Address (at time of Appointment)

128 ST ANDREWS ROAD, HENLEY-ON-THAMES, UNITED KINGDOM, 0000

Postal Address

RIO TINTO 2, EASTBOURNE TERRACE, EASTBOURNE TERRACE, LONDON, 0000

Current Tel Number

 

Cell number

 

Shareholding/Membership

0.00

 

Business Information for GARY O'BRIEN

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

RICHARDS BAY MINING (PTY)LTD

M2008/017609/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY PREFCO (PTY)LTD

M2008/018975/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY

TITANIUM

(PTY)LTD

M2008/017523/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY TITANIUM HOLDINGS (PTY)LTD

M2008/017528/07

In Business

6 Years 6 Months

0

No

 

 

Principal Deeds Information Property Interests for GARY O'BRIEN

 

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 10 MPHO MOTHOA

 

Surname

MOTHOA

First Name

MPHO

Other Names

LUCAS

Marital Status

 

ID Number

7208205566088

Verified ID Number

Yes

Current Age

42 Years 1 Months

Designation

MANAGING DIRECTOR

Status

Active

Appointment Date

2013/06/01

Physical Address (at time of Appointment)

8 PONY FISH, MEERENSEE, 3901

Postal Address

P O BOX 401, RICHARDS BAY, 3900

Current Tel Number

0359013001

Cell number

0796995073

Shareholding/Membership

0.00

 

Business Information for MPHO MOTHOA Principal Current Business Interests

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

RICHARDS BAY MINING (PTY)LTD

M2008/017609/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY

TITANIUM

(PTY)LTD

M2008/017523/07

In Business

6 Years 6 Months

0

No

 

RIO TINTO MANAGEMENT SERVICES SOUTH AFRICA (PTY)LTD

M1957/000448/07

In Business

57 Years 9 Months

0

No

 

 

Principal Previous Business Interests

 

Average Age of Previous Business

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

SAEXVER CC

B2003/104406/23

Deregistration Final

11 Years 11 Months

0

No

 

 

Principal Deeds Information

 

Property Interests for MPHO MOTHOA

Title Deed No.

T48771/2003

Erf/Site No.

1097

Deeds Office

PRETORIA

Physical Address

26 PRES BRAND PHALABORWA PHALABORWA

Property Type

E

Extent / Size

1378SQM

Purchase Date

2003/01/02

Purchase price

R140000.00

% Ownership

0.00

Bond Holder

GUARANTEE TRUST

Bond Number

B331592003

Bond Amount

R133000.00

Comment

 

Property Interests for MPHO MOTHOA

Title Deed No.

T34934/2012

Erf/Site No.

1517

Deeds Office

PRETORIA

Physical Address

MONTANA PRETORIA

Property Type

E

Extent / Size

500 SQM

Purchase Date

2012/02/06

Purchase price

R1880000.00

% Ownership

0.00

Bond Holder

FIRSTRAND BANK LTD

Bond Number

B207992012

Bond Amount

R1380000.00

Comment

 

 

Title Deed No.

T34967/2013

Erf/Site No.

10214

Deeds Office

PIETERMARITZBURG

Physical Address

RICHARDS BAY EXT 18

Property Type

E

Extent / Size

1333.0SQM

Purchase Date

2013/07/08

Purchase price

R 3500000.00

% Ownership

0.00

Bond Holder

FIRSTRAND BANK LIMITED

Bond Number

B226572013

Bond Amount

R 2975000.00

Comment

 

 

Active Principal - 6 of 10 PETER RAMSAY

 

Surname

RAMSAY

First Name

PETER

Other Names

JOHN

Marital Status

 

ID Number

5306075069084

Verified ID Number

Yes

Current Age

61 Years 3 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2010/06/01

Physical Address (at time of Appointment)

3 MANTA WING, MEERENSEE, RICHARDS BAY, KWAZULU NATAL, 3900

Postal Address

P O BOX 401, RICHARDS BAY, 3900

Current Tel Number

0357532574

Cell number

0833999905

Shareholding/Membership

0.00

 

Business Information for PETER RAMSAY

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

MINE AND SMELTER INVESTMENTS (PTY)LTD

M1993/005645/07

Deregistration Final

21 Years 9 Months

0

No

 

RICHARDS BAY IRON AND TITANIUM (PTY)LTD

M1970/004013/07

Deregistration Final

44 Years 8 Months

0

No

 

RICHARDS BAY MINING (PTY)LTD

M2008/017609/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY PREFCO (PTY)LTD

M2008/018975/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY

TITANIUM

(PTY)LTD

M2008/017523/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY TITANIUM HOLDINGS (PTY)LTD

M2008/017528/07

In Business

6 Years 6 Months

0

No

 

RICHBAY MINE

HOLDINGS

(PTY)LTD

M1973/015616/07

Deregistration Final

41 Years 5 Months

0

No

 

RICHBAY SMELTER

HOLDINGS

(PTY)LTD

M1973/015663/07

Deregistration Final

41 Years 5 Months

0

No

 

TISAND (PTY)LTD

M1969/007724/07

In Business

45 Years 9 Months

0

No

 

ZULULAND

TITANIUM

(PTY)LTD

M1971/007085/07

In Business

43 Years 7 Months

0

No

 

 

Principal Previous Business Interests

 

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

 

 

EMSLEY DIPICO

 

Surname

DIPICO

First Name

EMSLEY

Other Names

MANNE

Marital Status

 

ID Number

5904215822089

Verified ID Number

Yes

Current Age

55 Years 5 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2009/12/09

Physical Address (at time of Appointment)

11413 HONITON DRIVE, DAINFERN, HIGHGATE VILLAGE, 2055

Postal Address

P.O BOX 3850, DAINFERN, 2055

Current Tel Number

0114828192

Cell number

0832621890

Shareholding/Membership

0.00

 

Business Information for EMSLEY DIPICO

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AMALFI

RESOURCES

(PTY)LTD

K2012/181203/07

In Business

2 Years 2 Months

0

No

 

ANCHOR

INDUSTRIES

(PTY)LTD

M2010/006609/07

In Business

4 Years 4 Months

0

No

 

AURUM ENERGY (PTY)LTD

M2003/011938/07

In Business

11 Years 11 Months

0

No

 

BLUE HORISON INVESTMENTS 41 (PTY)LTD

M2007/031121/07

In Business

7 Years 7 Months

0

No

 

BOTHITO URANIUM NORTHERN CAPE (PTY)LTD

M2002/013395/07

Deregistration Process

0

0

No

 

CAST ARENA TRADE AND INVEST 123 (PTY)LTD

M2011/003720/07

In Business

3 Years 3 Months

0

No

 

DIRO CIVILS (PTY)LTD

K2013/154871/07

In Business

1 Years 1 Months

0

No

 

DIRO IRON ORE (PTY)LTD

M1937/009895/07

In Business

77 Years 5 Months

0

No

 

ECI TELECOM AFRICA (PTY)LTD

M2006/031469/07

In Business

8 Years 8 Months

0

No

 

GREEN FLASH TRADING 282 (PTY)LTD

M2011/008195/07

Deregistration Process

3 Years 3 Months

0

No

 

HOTAZEL

MANGANESE MINES (PTY)LTD

M2007/004878/07

In Business

7 Years 7 Months

0

No

 

JACOBS MATASIS (PTY)LTD

M2010/019115/07

In Business

4 Years 4 Months

0

No

 

MAIN STREET 129 (PTY)LTD

M2003/004695/07

In Business

11 Years 11 Months

0

No

 

MAIN STREET 131 (PTY)LTD

M2003/004649/07

In Business

11 Years 11 Months

0

No

 

MARKET DEMAND TRADING 552 (PTY)LTD

M2008/009657/07

Deregistration Final

6 Years 6 Months

0

No

 

MATASIS

PROSPECTING

(PTY)LTD

M2008/008789/07

Deregistration Final

6 Years 6 Months

0

No

 

MATASIS URANIUM (PTY)LTD

M2008/010899/07

Deregistration Final

6 Years 6 Months

0

No

 

 

NEW DAWN RESOURCES (PTY)LTD

M2003/003784/07

In Business

11 Years 11 Months

0

No

 

REALLY USEFUL INVESTMENTS NO 72 (PTY)LTD

M2000/022752/07

In Business

14 Years 2 Months

0

No

 

RICH REWARDS TRADING 531 (PTY)LTD

M2010/005799/07

Deregistration Process

4 Years 4 Months

0

No

 

RICHARDS BAY MINING (PTY)LTD

M2008/017609/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY

TITANIUM

(PTY)LTD

M2008/017523/07

In Business

6 Years 6 Months

0

No

 

SINOSTEEL AFRICA

MINERALS

(PTY)LTD

K2012/080971/07

Deregistration Process

2 Years 2 Months

0

No

 

SOUTH AFRICAN BANKERS SERVICES COMPANY (PTY)LTD

M1993/007766/07

In Business

21 Years 9 Months

0

No

 

SOUTH AFRICAN BANKERS SERVICES COMPANY LTD

M1993/007766/06

In Business

21 Years 9 Months

0

No

 

 

Principal Previous Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ACCENTUATE LTD

M2004/029691/06

In Business

10 Years 10 Months

0

No

 

AFRIFOCUS SECURITIES (PTY)LTD

M2000/005267/07

Deregistration Process

14 Years 2 Months

0

No

 

AU TRADERS AND REFINERS (PTY)LTD

M2001/030176/07

In Business

13 Years 1 Months

0

No

 

BURK PROJECTS (PTY)LTD

M2003/002066/07

In Business

11 Years 11 Months

0

No

 

EMPOWERMENT FINANCIAL INVESTMENT COMPANY (PTY)LTD

M2003/008594/07

In Business

11 Years 11 Months

0

No

 

FLOORWORX AFRICA (PTY)LTD

M2004/009876/07

In Business

10 Years 10 Months

0

No

 

HAIR VITALITY (PTY)LTD

M2008/009609/07

In Business

6 Years 6 Months

0

No

 

KHULELA PROPERTIES (PTY)LTD

M2005/029201/07

In Business

9 Years 9 Months

0

No

 

KIMBLEY

INVESTMENTS

(PTY)LTD

M2007/016521/07

Deregistration Process

7 Years 7 Months

0

No

 

 

KNYSNADOC INVESTMENT HOLDINGS (PTY)LTD

M2003/020630/07

In Business

11 Years 11 Months

0

No

 

KNYSNADOC INVESTMENT HOLDINGS LTD

2003/020630/06

In Business

11 Years 11 Months

0

No

 

MAKHUBU GROUP INVESTMENT HOLDING (PTY)LTD

M2005/011447/07

AR Final Deregistration

9 Years 9 Months

0

No

 

MARBLE GOLD 127 (PTY)LTD

M2004/019176/07

In Business

10 Years 10 Months

0

No

 

T-JUNCTION TRADE AND INVEST 95 (PTY)LTD

M2009/002182/07

AR Final Deregistration

5 Years 5 Months

0

No

 

THE SOUTH AFRICAN NUCLEAR ENERGY CORPORATION LTD

M2000/003735/06

In Business

14 Years 2 Months

0

No

 

TISAND (PTY)LTD

M1969/007724/07

In Business

45 Years 9 Months

0

No

 

 

Property Interests for EMSLEY DIPICO

 

Title Deed No.

T85967/2007

Erf/Site No.

1413

Deeds Office

PRETORIA

Physical Address

1413 COLLINGHAM DAINFERN MIDRAND

Property Type

E

Extent / Size

 

Purchase Date

2007/02/03

Purchase price

R 4800000.00

% Ownership

0.00

Bond Holder

NEDBANK LTD

Bond Number

B1069582007

Bond Amount

R 4800000.00

Comment

 

Property Interests for EMSLEY DIPICO

 

Title Deed No.

T2554/2004

Erf/Site No.

14794

Deeds Office

KIMBERLEY

Physical Address

14 HEERENGRACHT KIMBERLEY

Property Type

F

Extent / Size

1350.00000000

Purchase Date

2004/05/06

Purchase price

R 2700000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B14562004

Bond Amount

R1700000.00

Comment

 

Property Interests for EMSLEY DIPICO

 

Title Deed No.

T3663/2000

Erf/Site No.

30584

Deeds Office

KIMBERLEY

Physical Address

21 UITZIGHT KIMBERLEY

Property Type

F

Extent / Size

621.00000000

Purchase Date

2000/07/18

Purchase price

R 300000.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B18012000

Bond Amount

R 325000.00

Comment

 

 

Title Deed No.

T860/2008

Erf/Site No.

35719

Deeds Office

KIMBERLEY

Physical Address

HILLCREST KIMBERLEY

Property Type

E

Extent / Size

 

Purchase Date

2008/02/16

Purchase price

R 250000.00

% Ownership

0.00

Bond Holder

 

Bond Number

I-2352005LG

Bond Amount

R 0.00

Comment

 

 

JOHANNES MAGWAZA

 

Surname

MAGWAZA

First Name

JOHANNES

Other Names

BHEKUHUZI

Marital Status

 

ID Number

4205055607080

Verified ID Number

Yes

Current Age

72 Years 4 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2009/12/09

Physical Address (at time of Appointment)

42 ADDISON DRIVE, LA LUCIA ROAD, DURBAN, GAUTENG, 4000

Postal Address

POSTNET SUITE 210, PRIVATE BAG X21, BRYANSTON, GAUTENG, 2021

Current Tel Number

0324394007

Cell number

0836284257

Shareholding/Membership

0.00

 

Business Information for JOHANNES MAGWAZA

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

ALAMO SQUARE TRADING 157 CC

B2008/097340/23

Deregistration Final

6 Years 6 Months

0

No

 

AYAKHA CEMENT

HOLDINGS

(PTY)LTD

M2006/018130/07

In Business

8 Years 8 Months

0

No

 

BLUE HORISON INVESTMENTS 39 (PTY)LTD

M2007/031124/07

In Business

7 Years 7 Months

0

No

 

BLUE HORISON INVESTMENTS 41 (PTY)LTD

M2007/031121/07

In Business

7 Years 7 Months

0

No

 

BUSINESS VENTURE INVESTMENTS NO 1684 (PTY)LTD

K2012/039407/07

Deregistration Process

2 Years 2 Months

0

No

 

CHALDEAN TRADING 67 (PTY)LTD

M2006/037367/07

In Business

8 Years 8 Months

0

No

 

DELTA PROPERTY FUND LTD

M2002/005129/06

In Business

0

0

No

 

DESAINAGAR PROPERTY DEVELOPMENT (PTY)LTD

M2006/021342/07

Deregistration Final

8 Years 8 Months

0

No

 

EAGLE CREEK INVESTMENTS 620 (PTY)LTD

M2006/030409/07

In Business

8 Years 8 Months

0

No

 

GREY JADE TRADE AND INVEST 102 (PTY)LTD

M2006/035551/07

In Business

8 Years 8 Months

0

No

 

HULAMIN LTD

M1940/013924/06

In Business

74 Years 2 Months

0

No

 

IMBEWU

CONSORTIUM SPV 3 (PTY)LTD

M2007/014778/07

In Business

7 Years 7 Months

0

No

 

IZINYONI

HOLDINGS

(PTY)LTD

M2006/020314/07

Deregistration Final

8 Years 8 Months

0

No

 

K2013233439 (PTY)LTD

K2013/233439/07

In Business

1 Years 1 Months

0

No

 

KNYSNA

EQUIPMENT HIRE AND SALES (PTY)LTD

M2006/013476/07

In Liquidation

8 Years 8 Months

1

Yes

 

 

MOTSENG INVESTMENT HOLDINGS (PTY)LTD

M2000/025699/07

In Business

14 Years 2 Months

0

No

 

MPI PROPERTY ASSET

MANAGEMENT (PTY)LTD

K2012/084027/07

In Business

2 Years 2 Months

0

No

 

NKUNZI BOARD EXPRESS (PTY)LTD

M2006/028932/07

Provisional Liquidation

8 Years 8 Months

0

Yes

 

NKUNZI MILKYWAY (PTY)LTD

M2006/028460/07

In Business

8 Years 8 Months

0

No

 

NKUNZI

PHARMACEUTICAL S (PTY)LTD

M2009/004879/07

In Business

5 Years 5 Months

0

No

 

NPC-CIMPOR (RF) (PTY)LTD

M2006/022868/07

In Business

8 Years 8 Months

0

No

 

RICHARDS BAY MINING (PTY)LTD

M2008/017609/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY

TITANIUM

(PTY)LTD

M2008/017523/07

In Business

6 Years 6 Months

0

No

 

SHANELA CLEANING SOLUTIONS (PTY)LTD

M2007/027597/07

In Business

7 Years 7 Months

0

No

 

W BRICK AND BLOCK (PTY)LTD

M2002/028842/07

Provisional Liquidation

0

0

Yes

 

 

Principal Previous Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

CIM CHEMICALS (PTY)LTD

M2006/004070/07

In Business

8 Years 8 Months

0

No

 

COROMINING (PTY)LTD

M1962/003262/07

In Business

52 Years 4 Months

0

No

 

DBSA DEVELOPMENT FUND

M2001/030153/08

Deregistration Process

13 Years 1 Months

0

No

 

DORBYL LTD

M1911/001510/06

In Business

103 Years 7 Months

1

No

 

KHULANI FIDELITY SERVICES GROUP (PTY)LTD

M1989/002384/07

In Business

25 Years 1 Months

0

No

 

LEBONENG HOSPITAL (PTY)LTD

M2005/044072/07

In Business

9 Years 9 Months

0

No

 

MOTSENG PROPERTY SERVICES (PTY)LTD

M2001/007004/07

In Business

13 Years 1 Months

0

No

 

MOTSENG TRADING (PTY)LTD

M1998/021829/07

In Business

16 Years 4 Months

0

No

 

 

 

MUTUAL AND FEDERAL INSURANCE COMPANY LTD

M1970/006619/06

In Business

44 Years 8 Months

2

No

 

NEDBANK GROUP LTD

M1966/010630/06

In Business

 

0

No

 

NEDBANK LTD

M1951/000009/06

In Business

63 Years 3 Months

21

No

 

OTEO CAPITAL (PTY)LTD

M2005/037068/07

Voluntary Liquidation

9 Years 9 Months

3

Yes

 

PAMODZI GROUP (PTY)LTD

M1996/012572/07

In Business

18 Years 6 Months

0

No

 

PAMODZI MANAGEMENT SERVICES (PTY)LTD

M1995/012014/07

In Business

19 Years 7 Months

0

No

 

PEOPLES MORTGAGE LTD

M1994/000929/06

In Business

20 Years 8 Months

2

No

 

PHELELANI CLEANING (PTY)LTD

M2006/034227/07

In Business

8 Years 8 Months

0

No

 

RICHARDS BAY PREFCO (PTY)LTD

M2008/018975/07

In Business

6 Years 6 Months

0

No

 

SOUTH OCEAN ELECTRIC WIRE COMPANY (PTY)LTD

M1989/006650/07

In Business

25 Years 1 Months

0

No

 

SOUTH OCEAN HOLDINGS LTD

M2007/002381/06

In Business

7 Years 7 Months

0

No

 

TALMINE

INVESTMENTS

(PTY)LTD

M2004/030839/07

In Business

10 Years 10 Months

0

No

 

TISAND (PTY)LTD

M1969/007724/07

In Business

45 Years 9 Months

0

No

 

TONGAAT HULETT ESTATES (PTY)LTD

M1967/006009/07

In Business

47 Years 11 Months

0

No

 

TONGAAT HULETT SUGAR SOUTH AFRICA LTD

M1965/000565/06

In Business

49 Years 1 Months

0

No

 

TUFFSAN

INVESTMENTS 1055 (PTY)LTD

M2008/006304/07

In Business

6 Years 6 Months

0

No

 

TURNERS LOGISTICS (PTY)LTD

M2000/000607/07

Deregistration Final

14 Years 2 Months

0

No

 

 

Principal Deeds Information Property Interests for JOHANNES MAGWAZA

 

Title Deed No.

T33217/1995

Erf/Site No.

2438

Deeds Office

PIETERMARITZBURG

Physical Address

42 ADDISON LA LUCIA

Property Type

F

Extent / Size

 

Purchase Date

1995/02/08

Purchase price

R175750.00

% Ownership

0.00

Bond Holder

NEDCOR BANK LTD

Bond Number

B99471997

Bond Amount

R 450000.00

Comment

 

 

Title Deed No.

T72063/2003

Erf/Site No.

478

Deeds Office

PIETERMARITZBURG

Physical Address

MARGATE MARGATE

Property Type

E

Extent / Size

 

Purchase Date

2003/09/22

Purchase price

R 250000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

Comment

 

 

MARION MAROLE

 

Surname

MAROLE

First Name

MARION

Other Names

LESEGO, DAWN

Marital Status

 

ID Number

6004070843087

Verified ID Number

Yes

Current Age

54 Years 5 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2009/12/09

Physical Address (at time of Appointment)

NO 5 SALIX NORTH ROAD, WILLOWILDE, HURLINGHAM MANOR, 2196

Postal Address

P O BOX 733, SUNNINGHILL, SUNNINGHILL, 2157

Current Tel Number

0124215054

Cell number

0834433922

Shareholding/Membership

0.00

 

Business Information for MARION MAROLE

Principal Current Business Interests

 

 

 

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AKULA TRADING 320 (PTY)LTD

M2011/009527/07

Deregistration Process

3 Years 3 Months

0

No

 

ALDABRI 448 (PTY)LTD

M2011/009911/07

In Business

3 Years 3 Months

0

No

 

AREAGANENG FARMING (PTY)LTD

M2007/025015/07

Deregistration Final

7 Years 7 Months

0

No

 

BAMBILI

FOUNDATION NPC

M2004/006973/08

Deregistration Process

10 Years 10 Months

0

No

 

DATIKA CAPITAL

INVESTMENTS

(PTY)LTD

M2009/004416/07

In Business

5 Years 5 Months

0

No

 

DEMA

CONSORTIUM (PTY)LTD

M2003/027660/07

Deregistration Process

11 Years 11 Months

1

No

 

DEMA GROUP (PTY)LTD

M2003/027661/07

Deregistration Process

11 Years 11 Months

2

No

 

DEMA RESOURCES (PTY)LTD

M2003/027602/07

Deregistration Process

11 Years 11 Months

1

No

 

EXECUTIVE MAGIC TRADING (PTY)LTD

M2009/004565/07

Deregistration Process

5 Years 5 Months

0

No

 

EYOMHLABA INVESTMENT HOLDINGS (RF) LTD

M2005/005827/06

In Business

9 Years 9 Months

0

No

 

FABCOS AFRICAN

INVESTMENTS

(PTY)LTD

M2002/002468/07

Deregistration Final

0

0

No

 

GOVHANI

RESOURCES

(PTY)LTD

M2011/001727/07

In Business

3 Years 3 Months

0

No

 

HARVEST DATIKA COAL (PTY)LTD

K2014/049497/07

In Business

0

0

No

 

HARVEST DATIKA

LIMESTONE

(PTY)LTD

K2014/065575/07

In Business

0

0

No

 

HECTOPAX

INVESTMENTS

(PTY)LTD

M2010/016643/07

In Business

4 Years 4 Months

0

No

 

MOVEMENT OF ECONOMIC TRANSFORMATION IN AFRICA

K2014/038586/08

In Business

0

0

No

 

MTN GROUP LTD

M1994/009584/06

In Business

20 Years 8 Months

0

No

 

 

MTN

INTERNATIONAL (PTY)LTD

M1998/002351/07

In Business

16 Years 4 Months

0

No

 

NAMACENTO (PTY)LTD

K2013/157783/07

In Business

1 Years 1 Months

0

No

 

RICHARDS BAY MINING (PTY)LTD

M2008/017609/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY MINING HOLDINGS (PTY)LTD

M2008/017522/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY

TITANIUM

(PTY)LTD

M2008/017523/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY TITANIUM HOLDINGS (PTY)LTD

M2008/017528/07

In Business

6 Years 6 Months

0

No

 

SANTAM LTD

M1918/001680/06

In Business

0

5

No

 

SIMAGES INTERNATIONAL CONSULTING CC

B1996/054207/23

Deregistration Process

18 Years 6 Months

0

No

 

 

Principal Previous Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

AFRICAN BANK INVESTMENTS LTD

M1946/021193/06

In Business

68 Years 8 Months

0

No

 

AFRICAN BANK LTD

M1975/002526/06

In Business

39 Years 3 Months

3

No

 

AFRICAN RENAISSANCE HOLDINGS LTD

M1994/001385/06

In Business

20 Years 8 Months

0

No

 

COMMERCEQUEST SA (PTY)LTD

M1997/002297/07

In Business

17 Years 5 Months

0

No

 

DUNROSE TRADING 74 (PTY)LTD

M2001/006625/07

In Business

13 Years 1 Months

2

No

 

EXXARO RESOURCES LTD

M2000/011076/06

In Business

14 Years 2 Months

0

No

 

FABCOS INVESTMENT HOLDING COMPANY LTD

M1995/009721/06

In Business

19 Years 7 Months

1

No

 

FABVEST INVESTMENT HOLDINGS LTD

M1997/013722/06

Dissolved

17 Years 5 Months

2

No

 

GOLD FIELDS OPERATIONS LIMITED LTD

M1959/003209/06

In Business

55 Years 7 Months

0

No

 

HLUMISA INVESTMENT HOLDINGS (RF) LTD

M2008/008839/06

In Business

6 Years 6 Months

0

No

 

MILOC HOLDINGS LTD

M1997/021942/06

Deregistration Final

17 Years 5 Months

0

No

 

 

MOBILE TELEPHONE NETWORKS HOLDINGS (PTY)LTD

M1993/001411/07

In Business

21 Years 9 Months

0

No

 

MORSO INVESTMENTS (PTY)LTD

M1996/017368/07

Deregistration Final

18 Years 6 Months

0

No

 

NATIONAL CEREAL HOLDINGS (PTY)LTD

M1997/006408/07

Deregistration Process

17 Years 5 Months

0

No

 

NATIONAL CEREAL

INVESTMENT

(PTY)LTD

M1996/018167/07

Deregistration Process

18 Years 6 Months

0

No

 

PEOPLE OPPOSING WOMEN ABUSE

M2001/003984/08

In Business

13 Years 1 Months

0

No

 

PREMIER FOODS (PTY)LTD

M1968/002379/07

In Business

46 Years 10 Months

0

No

 

RICHARDS BAY IRON AND TITANIUM (PTY)LTD

M1970/004013/07

Deregistration Final

44 Years 8 Months

0

No

 

SENTULA MINING LTD

M1992/001973/06

In Business

22 Years 10 Months

0

No

 

TANGNEY

INVESTMENTS

(PTY)LTD

M1996/008465/07

In Business

18 Years 6 Months

0

No

 

TISAND (PTY)LTD

M1969/007724/07

In Business

45 Years 9 Months

0

No

 

TSOGO INVESTMENT HOLDING COMPANY (PTY)LTD

M1994/008525/07

In Business

20 Years 8 Months

0

No

 

TSOGO SUN GAMING (PTY)LTD

M2002/006402/07

In Business

 

0

No

 

VIDUAL INVESTMENTS (PTY)LTD

M1996/011575/07

In Business

18 Years 6 Months

0

No

 

 

Principal Deeds Information Property Interests for MARION MAROLE

 

Title Deed No.

T23452/1992

Erf/Site No.

37

Deeds Office

PRETORIA

Physical Address

29 CHRIS BARNARD VORNA VALLEY

Property Type

F

Extent / Size

1466200.00000000

Purchase Date

1991/10/30

Purchase price

R155000.00

% Ownership

0.00

Bond Holder

NEDCOR BANK LTD

Bond Number

B1047521995

Bond Amount

R10000.00

Comment

 

 

Property Interests for MARION MAROLE

Title Deed No.

T8671/2012

Erf/Site No.

3

Deeds Office

PRETORIA

Physical Address

5 SALIX NORTH SANDTON

Property Type

F

Extent / Size

2295.00000000

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B1047512002

Bond Amount

R 320000.00

Comment

 

Property Interests for MARION MAROLE

Title Deed No.

T8671/2012

Erf/Site No.

3

Deeds Office

PRETORIA

Physical Address

5 SALIX WILLOWILD SANDTON

Property Type

E

Extent / Size

 

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

ABSA BANK LTD

Bond Number

B1047512002

Bond Amount

R 320000.00

Comment

 

 

 

 

 

BONGUKUPHIWA MTHETHWA

 

Surname

MTHETHWA

First Name

BONGUKUPHIWA

Other Names

None

Marital Status

 

ID Number

7205105639080

Verified ID Number

Yes

Current Age

42 Years 4 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2009/12/09

Physical Address (at time of Appointment)

SOKHULU RESERVE 4, HLAWINI, KWAMBONAMBI, 3915

Postal Address

P O BOX 1905, RICHARDS BAY, RICHARDS BAY, 3900

Current Tel Number

0355508148

Cell number

0834303911

Shareholding/Membership

0.00

Business Information for BONGUKUPHIWA MTHETHWA Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

Comment

BLUE HORISON INVESTMENTS 41 (PTY)LTD

M2007/031121/07

In Business

7 Years 7 Months

0

No

 

INGELOSI TRADING 166 CC

B2005/114734/23

Deregistration Final

9 Years 9 Months

0

No

 

RICHARDS BAY MINING (PTY)LTD

M2008/017609/07

In Business

6 Years 6 Months

0

No

 

RICHARDS BAY

TITANIUM

(PTY)LTD

M2008/017523/07

In Business

6 Years 6 Months

0

No

 

SOMBO LOGISTICS CC

B2009/042772/23

AR Final Deregistration

5 Years 5 Months

0

No

 

 


Principal Deeds Information Property Interests for BONGUKUPHIWA MTHETHWA

 

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

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.60.95

UK Pound

1

Rs.99.32

Euro

1

Rs.78.96

 

INFORMATION DETAILS

 

Analysis Done by :

SUB

 

 

Report Prepared by :

PDT

 

               

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.