MIRA INFORM REPORT

 

 

Report No. :

307471

Report Date :

14.02.2015

 

IDENTIFICATION DETAILS

 

Name :

BRECO (PTY)LTD

 

 

Registered Office :

4 Printers Way, Montague Gardens, Cape Town,7442

 

 

Country :

South Africa

 

 

Date of Incorporation :

10.03.1995

 

 

Com. Reg. No.:

M1995/002205/07

 

 

Legal Form :

Private Company

 

 

Line of Business :

Engaged in Importers and exporters of Sea Food including Salmon, Herring, Mussels, Shrimps and Prawns all of these in varying forms, grades and pack sizes.

 

Subject product ranges includes :

·         Portuguese Sardines - Whole Round (IQF)   

·         Black Tiger Prawns 

·         Prawn Meat: Peeled and Deveined  

·         Crab Flavoured Sticks

·         Squid Rings (IQF)   

·         Seafood Mix          

·         All Purpose Shrimps (IQF)  

·         Mussel Meat (IQF)

·         Vannamei Prawns 10x700g 

·         Vannamei Prawns 10x800g 

·         Crumbed Butterfly Prawns (IQF)      

·         Crumbed Torpedo Prawns (IQF)

 

 

No of Employees :

75

 

 

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 – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

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

BRECO (PTY)LTD

Country

SOUTH AFRICA

Enquiry Terms

30 days

Account Review

Every 6 months

Subject Contact Person

LEEANN FOURIE - ACCOUNTANT

Assessment

On investigation contact was made with LEEANN FOURIE the accountant who assisted with the information.

 

This is a well-established company. The subject is meeting commitments timeously with their suppliers.

 

The subject is considered as equal to R2 000 000 over 30 days.

 

Please see the available information on the subject below.

 

 

Company information

 

Registered Name

BRECO (PTY)LTD

Trading as/ Division Name

BRECO

Previous Name

Unknown

Date of Name Change

Jun 12 1998 12:00AM

Registration Number

M1995/002205/07

Registration Date

1995/03/10

Date Commenced Trading

1995-03-10

Age of Business

19 Years 11 Months

History of Business

The subject was established in 1995 and went through a name change in 1998. The subject has been trading ever since.

History of Principals

There are 4 active directors within the company.

Shareholders/Members/Partners of subject and % holding

25% - ROBERTO AGOSTINELLI 25% - ANDRE BOONZAAIER 25%o - ETIENNE ALBRECHT BRAUN 25%o -NEIL PASCALL

Status

In Business

Operations Assessment

Engaged in Importers and exporters of Sea Food including Salmon, Herring, Mussels, Shrimps and Prawns all of these in varying forms, grades and pack sizes.

Industry/ Customers

The subject supplies to wholesalers.

Product details

·         Portuguese Sardines - Whole Round (IQF)

·         Black Tiger Prawns 

·         Prawn Meat: Peeled and Deveined  

·         Crab Flavoured Sticks

·         Squid Rings (IQF)   

·         Seafood Mix          

·         All Purpose Shrimps (IQF)  

·         Mussel Meat (IQF)

·         Vannamei Prawns 10x700g 

·         Vannamei Prawns 10x800g 

·         Crumbed Butterfly Prawns (IQF)      

·         Crumbed Torpedo Prawns (IQF)

Export

Yes

Import

Yes

Major Industry Code / SICC

61221

Definition of Code

Wholesale trade in foodstuffs

Head Office Physical Address

4 PRINTERS WAY, MONTAGUE GARDENS, CAPE TOWN,7442

Head Office Postal Address

P.O. BOX 36637,CHEMPET, MILNERTON, CAPE TOWN,7442

Current Tel Number

0215518700

Current Fax Number

0215518668

Current Email Address

leeannf@breco.co.za

Web Site Address

www.breco.co.za

 

 

Auditors information

 

Company Registered Name

CECIL KILPIN KIE

Trading Name

CECIL KILPIN & COMPANY

Registration Number

4412215079107

Physical Address

1 WATERFRONT MEWS CENTURY BOULEVARD,CENTURY CITY,MILNERTON

Postal Address

PO BOX 747446,CENTURY CITY,MILNERTON,7446

Contact Person

ANTHONY

Contact Number

0215274060

Email

info@cecilkilpin.co.za

Principals

1

Judgements Against Subject

None

Judgements Against Principals

None

Subject Verified as Client

Yes

Practice Number

Unavailable

VAT Number

4710109572

Tax Number

Unavailable

BEE Status

Unavailable

Financial Year End

Unavailable

No of years in Business

Unavailable

Website

Unavailable

 

Previous Auditors Information - No Information on Record

 

 

Tax information

 

Vat Number

4790154308

Status

ACTIVE

Vat Liable Date

1995/12/01

Tax Number

9061002037

Financial Year End

March

 

Black Economic Empowerment

 

Status

No

Comment

The subject is in the process of registering for BEE.

 

ISO Information - No Information on Record

 

Workman's compensation

 

Registered

Yes

Compliance Certified

Yes

 

 

Company Structure

 

Subsidiaries Information - No Information on Record

Employees

 

Number of Employees

75

1. Salaried employees

75

2. Waged employees

5

3. Permanent employees

70

4. Casual employees

0

5. Contracted employees

5

 

Company Fleet

 

Company Fleet

No of vehicles:

Owned/Leased

Value

Outstanding Balance

The Fleet is made up of

10

Other

10

Owned

 

 

 

 

Offices

 

Offices

Offices

Head Office Owned/ Rented

Owned

Owned by

BRECO (PTY)LTD

Value

R1400000.00

Type of Premises

Office and cold storage

Branch Information - No Information on Record

 

 

Management Overview

 

Organisation Chart

Level

Position

Name

1

Director

ROBERTO AGOSTINELLI

1

Director

ANDRE BOONZAAIER

1

Director

ETIENNE ALBRECHT BRAUN

1

Director

Neil Pascall

 

Company Structure (Ownership)

 

Note: One level up and all levels down

 

Holding

Company

25% - ROBERTO AGOSTINELLI

BRECO (PTY)LTD

25% - ANDRE BOONZAAIER

BRECO (PTY)LTD

25% - ETIENNE ALBRECHT BRAUN

BRECO (PTY)LTD

25% - NEIL PASCALL

BRECO (PTY)LTD

 

Key Deals - No Information on Record

 

 

Trade References

 

Trade Reference nr

Supplier

Contact

Comment

1

BLUE CONTINENT PRODUCTS

0215089600

 

2

FERCON FREIGHT

0861337266

 

3

GFA TRADING

0215562223

 

4

MAINTOS FOODS

0219053707

The supplier is unable to provide a trade reference.

 

 

Trade References Detail

 

Nr

Age of Acc

Credit Limit

Max Credit

Terms

Average Purchases

Terms Taken

Comment

1

5 Years

R 5000000.00

R 2000000

30 Days

R 2000000

30 Days

This is an excellent account.

2

8 Years

R 3000000.00

R1500000

30 Days

R192000

30 Days

This is an excellent account.

3

10 Years

R 2500000.00

R1000000

30 Days

R 1000000 -1500000

30 Days

This is an excellent account.

 

 

Adverse Information on Subject

 

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

 

Bank

NEDBANK

Branch

UNIVERSAL

Brach Code

198765

Bank Account Number

1232006610

Type of Account

CHEQUE

Account Name

BRECO (PTY)LTD

Overdraft Facilities

UNAVAILABLE

Bank Code

C FOR - R2000000

Bank Comment

The subject's bankers consider them good for all normal business engagements.

 

Bank Code History - No Information on Record

 

Previous Bank Account Information - No Information on Record

 

 


Deeds Information

 

Property Interests for Company BRECO (PTY)LTD

Title Deed No.

ST40958/2014

Erf/Site No.

71

Deeds Office

PIETERMARITZBURG

Physical Address

DURBAN

Property Type

Sectional Title

Extent / Size

190.0SQM

Purchase Date

2014/07/04

Purchase price

R1400000.00

% Ownership

0.00

Bond Holder

AREA GARDEN G1 G2

Bond Number

SK5421993S

Bond Amount

R 0.00

 

Financial Estimates

 

Previous Year Turnover

R 500000000.00

Estimated Current Year Turnover

R 600000000.00

Current Turnover per month

R 50000000.00

Current Turnover per annum

R 600000000.00

 

Please note the following:

Turnover and assets less than R 1,000,000.00

The subject falls within the National Credit Act

Turnover and assets less than R 2,000,000.00

The subject falls within the Consumer Protection Act

 

Principals

 

Number of Principals

4

Average Age of Active Principals

48

 

Active Principals Active Principal - 1 of 4 ROBERTO AGOSTINELLI

Surname

AGOSTINELLI

First Name

ROBERTO

Marital Status

Single

ID Number

6511175133084

Verified ID Number

Yes

Current Age

49 Years 3 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2003/01/31

Physical Address (at time of Appointment)

45 PRIMULA STREET, DURBANVILLE, 7550

Postal Address

P O BOX 36637, CHEMPET, 7442

Current Tel Number

0215518700

Cell number

0825796455

Shareholding/Membership

25%

Principal's Adverse - No information on record

 

Business Information for ROBERTO AGOSTINELLI

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

16 TURNBERRY ROAD DIEP RIVER (PTY)LTD

M2004/023672/07

In Business

11 Years 11 Months

0

No

22 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/005977/07

In Business

9 Years 9 Months

0

No

23 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/006035/07

In Business

9 Years 9 Months

0

No

9 TURNBERRY DIEP RIVER (PTY)LTD

M2004/022728/07

In Business

11 Years 11 Months

0

No

BRECO (PTY)LTD

M1995/002205/07

In Business

20 Years 8 Months

0

No

BRECO CAPE TOWN (PTY)LTD

M1996/009856/07

In Business

19 Years 7 Months

0

No

BRECO HOLDINGS (PTY)LTD

M1996/008679/07

In Business

19 Years 7 Months

0

No

FUTURE INDEFINITE INVESTMENTS 112 (PTY)LTD

M2002/010222/07

Deregistration Final

13 Years 1 Months

0

No

HORIZON BAY 701 (PTY)LTD

M2004/022727/07

Deregistration Final

11 Years 11 Months

0

No

HORIZON BAY 703 (PTY)LTD

M2004/022845/07

In Business

11 Years 11 Months

0

No

KNIGHTBRIDGE

PROPERTY

(PTY)LTD

M2004/023667/07

In Business

11 Years 11 Months

0

No

NEW NATION FISHING (PTY)LTD

M1996/007000/07

In Business

19 Years 7 Months

0

No

ORIBEL

PROPERTIES 33 (PTY)LTD

M2009/002419/07

In Business

6 Years 6 Months

0

No

REN HOLDINGS (PTY)LTD

M1999/016329/07

In Business

16 Years 4 Months

0

No

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                                12 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

TRESSO TRADING 282 (PTY)LTD

M2001/015475/07

In Business

14 Years 2 Months

0

No

WEST DUNES

M2004/022353/07

In Business

11 Years 11 Months

0

No

PROPERTIES 153 (PTY)LTD

 

Active Principal - 2 of 4 ANDRE BOONZAAIER

 

Surname

BOONZAAIER

First Name

ANDRE

Marital Status

Married

ID Number

6506255004004

Verified ID Number

Yes

Current Age

49 Years 8 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2003/01/31

Physical Address (at time of Appointment)

4 JANET LCOSE, CONSTANTIA, 7806

Postal Address

PO BOX 36637, CHEMPET, 7441

Current Tel Number

0215518700

Cell number

0827863545

Shareholding/Membership

25%

 

Principal's Adverse - No information on record

 

Business Information for ANDRE BOONZAAIER

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

16 TURNBERRY ROAD DIEP RIVER (PTY)LTD

M2004/023672/07

In Business

11 Years 11 Months

0

No

22 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/005977/07

In Business

9 Years 9 Months

0

No

23 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/006035/07

In Business

9 Years 9 Months

0

No

9 TURNBERRY DIEP RIVER (PTY)LTD

M2004/022728/07

In Business

11 Years 11 Months

0

No

BRECO (PTY)LTD

M1995/002205/07

In Business

20 Years 8 Months

0

No

BRECO CAPE TOWN (PTY)LTD

M1996/009856/07

In Business

19 Years 7 Months

0

No

BRECO HOLDINGS (PTY)LTD

M1996/008679/07

In Business

19 Years 7 Months

0

No

FUTURE INDEFINITE INVESTMENTS 112 (PTY)LTD

M2002/010222/07

Deregistration Final

13 Years 1 Months

0

No

HORIZON BAY 701 (PTY)LTD

M2004/022727/07

Deregistration Final

11 Years 11 Months

0

No

HORIZON BAY 703 (PTY)LTD

M2004/022845/07

In Business

11 Years 11 Months

0

No

KNIGHTBRIDGE

PROPERTY

(PTY)LTD

M2004/023667/07

In Business

11 Years 11 Months

0

No

NC COMPUTERS

6506255004004

 

Unknown

0

No

NEW NATION FISHING (PTY)LTD

M1996/007000/07

In Business

19 Years 7 Months

0

No

ORIBEL

PROPERTIES 33 (PTY)LTD

M2009/002419/07

In Business

6 Years 6 Months

0

No

REN HOLDINGS (PTY)LTD

M1999/016329/07

In Business

16 Years 4 Months

0

No

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                                    14 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

BA-TLHAPING FISHING ENTERPRISES CC

B1998/023269/23

Deregistration Final

17 Years 5 Months

0

TRESSO TRADING 282 (PTY)LTD

M2001/015475/07

In Business

14 Years 2 Months

0

WEST DUNES PROPERTIES 153 (PTY)LTD

M2004/022353/07

In Business

11 Years 11 Months

0

 

Active Principal - 3 of 4 ETIENNE BRAUN

 

Surname

BRAUN

First Name

ETIENNE

Other Names

ALBRECHT

Marital Status

Married

ID Number

6407145131083

Verified ID Number

Yes

Current Age

50 Years 7 Months

Designation

DIRECTOR

Status

Active

Appointment Date

2003/01/31

Physical Address (at time of Appointment)

17 THE AVENUE, SILVERHURST, CONSTANTIA, 7806

Postal Address

PO BOX 36637, CHEMPET, 7442

Current Tel Number

0215518700

Cell number

0828073474

Shareholding/Membership

25°%

 

Principal's Adverse - No information on record

 

Business Information for ETIENNE BRAUN

 

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

BRECO (PTY)LTD

M1995/002205/07

In Business

20 Years 8 Months

0

No

BRECO CAPE TOWN (PTY)LTD

M1996/009856/07

In Business

19 Years 7 Months

0

No

BRECO HOLDINGS (PTY)LTD

M1996/008679/07

In Business

19 Years 7 Months

0

No

FOOD ON THE GO

HOLDINGS

(PTY)LTD

K2012/092883/07

In Business

3 Years 3 Months

0

No

FUTURE INDEFINITE INVESTMENTS 112 (PTY)LTD

M2002/010222/07

Deregistration Final

13 Years 1 Months

0

No

HORIZON BAY 701 (PTY)LTD

M2004/022727/07

Deregistration Final

11 Years 11 Months

0

No

HORIZON BAY 703 (PTY)LTD

M2004/022845/07

In Business

11 Years 11 Months

0

No

NEW NATION FISHING (PTY)LTD

M1996/007000/07

In Business

19 Years 7 Months

0

No

ORIBEL

PROPERTIES 33 (PTY)LTD

M2009/002419/07

In Business

6 Years 6 Months

0

No

RAPIPROP 186 (PTY)LTD

M2006/005266/07

In Business

9 Years 9 Months

0

No

REN HOLDINGS (PTY)LTD

M1999/016329/07

In Business

16 Years 4 Months

0

No

TRAWL TRADE (PTY)LTD

M1997/012303/07

Deregistration Final

18 Years 6 Months

0

No

WESTERN PROVINCE REGIONAL RACING ASSOCIATION

M2002/002381/08

Deregistration Process

13 Years 1 Months

0

No

22 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/005977/07

In Business

9 Years 9 Months

0

No

23 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/006035/07

In Business

9 Years 9 Months

0

No

BAY SEAFOODS CC

B1990/007013/23

Dissolved

25 Years 1 Months

0

No

 

Principal Previous Business Interests

 

Average Age of Previous Business                                                        12 Years

 

Company Name

Registration No

Status

Age of Business

Judgements

Liquidation

16 TURNBERRY ROAD DIEP RIVER (PTY)LTD

M2004/023672/07

In Business

11 Years 11 Months

0

No

9 TURNBERRY DIEP RIVER (PTY)LTD

M2004/022728/07

In Business

11 Years 11 Months

0

No

HOTLINE FISHING CC

B2000/027262/23

In Business

15 Years 3 Months

0

No

KNIGHTBRIDGE PROPERTY (PTY)LTD

M2004/023667/07

In Business

11 Years 11 Months

0

No

PLANET PIZZA CC

B1987/003348/23

Deregistration Final

28 Years 4 Months

0

No

SILVERHURST ESTATE HOME OWNERS ASSOCIATION

M1991/001082/08

In Business

 

0

No

TRESSO TRADING 282 (PTY)LTD

M2001/015475/07

In Business

14 Years 2 Months

0

No

WEST DUNES PROPERTIES 153 (PTY)LTD

M2004/022353/07

In Business

11 Years 11 Months

0

No

 

Principal Deeds Information

 

Property Interests for ETIENNE BRAUN

 

Title Deed No.

T65731/2014

Erf/Site No.

2928

Deeds Office

CAPE TOWN

Physical Address

STRUISBAAI

Property Type

E

Extent / Size

790.0SQM

Purchase Date

2014/06/26

Purchase price

R 865000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE BRAUN

 

Title Deed No.

T33245/2009

Erf/Site No.

2966

Deeds Office

CAPE TOWN

Physical Address

STRUIS BAY STRUIS BAY

Property Type

E

Extent / Size

 

Purchase Date

2009/05/14

Purchase price

R 600000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE BRAUN

 

Title Deed No.

T8020/2010

Erf/Site No.

3047

Deeds Office

CAPE TOWN

Physical Address

STRUIS BAY STRUIS BAY

Property Type

E

Extent / Size

 

Purchase Date

2009/12/17

Purchase price

R1900000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE BRAUN

Title Deed No.

T19225/2007

Erf/Site No.

10245

Deeds Office

CAPE TOWN

Physical Address

SILVERHURST CONSTANTIA

Property Type

E

Extent / Size

 

Purchase Date

2006/09/13

Purchase price

R10500000.00

% Ownership

0.00

Bond Holder

A B S A BANK LTD

Bond Number

B239832007

Bond Amount

R10500000.00

 

Property Interests for ETIENNE BRAUN

Title Deed No.

ST32587/2006

Erf/Site No.

169826,0

Deeds Office

CAPE TOWN

Physical Address

5 PINELAW DIEP RIVER CAPE TOWN

Property Type

U

Extent / Size

 

Purchase Date

2005/06/06

Purchase price

R 769900.00

% Ownership

0.00

Bond Holder

NEDBANK LTD

Bond Number

SB218872006

Bond Amount

R 693000.00

 

Property Interests for ETIENNE BRAUN

Title Deed No.

T27422/2013

Erf/Site No.

10085

Deeds Office

CAPE TOWN

Physical Address

CONSTANTIA

Property Type

E

Extent / Size

260.0SQM

Purchase Date

2013/03/12

Purchase price

R1305000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE BRAUN

Title Deed No.

T45382/2013

Erf/Site No.

92093

Deeds Office

CAPE TOWN

Physical Address

CAPE TOWN

Property Type

E

Extent / Size

163.0SQM

Purchase Date

2013/07/11

Purchase price

R 740000.00

% Ownership

0.00

Bond Holder

 

Bond Number

K12891999S

Bond Amount

R 0.00

 

Property Interests for ETIENNE BRAUN

Title Deed No.

T58620/2014

Erf/Site No.

1915

Deeds Office

CAPE TOWN

Physical Address

BERGVLIET

Property Type

E

Extent / Size

649.0SQM

Purchase Date

2014/08/26

Purchase price

R1450000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE BRAUN

Title Deed No.

ST17714/2013

Erf/Site No.

371

Deeds Office

CAPE TOWN

Physical Address

MILNERTON

Property Type

U

Extent / Size

27.0SQM

Purchase Date

2012/11/23

Purchase price

R 539000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE BRAUN

Title Deed No.

ST11928/2014

Erf/Site No.

79

Deeds Office

CAPE TOWN

Physical Address

VREDEHOEK

Property Type

U

Extent / Size

95.0SQM

Purchase Date

2013/07/23

Purchase price

R3150000.00

% Ownership

0.00

Bond Holder

A B S A BANK LTD

Bond Number

SB49122014

Bond Amount

R3150000.00

 

Property Interests for ETIENNE BRAUN

Title Deed No.

ST17714/2013

Erf/Site No.

371

Deeds Office

CAPE TOWN

Physical Address

MILNERTON

Property Type

U

Extent / Size

17.0SQM

Purchase Date

2012/11/23

Purchase price

R 539000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE BRAUN

Title Deed No.

ST8945/2012

Erf/Site No.

170365,0

Deeds Office

CAPE TOWN

Physical Address

2 DRAPER CLAREMONT CAPE TOWN

Property Type

U

Extent / Size

 

Purchase Date

2012/04/16

Purchase price

R1000000.00

% Ownership

0.00

Bond Holder

 

Bond Number

SK14102007S

Bond Amount

R 0.00

 

Property Interests for ETIENNE BRAUN

Title Deed No.

T28091/2012

Erf/Site No.

666

Deeds Office

CAPE TOWN

Physical Address

86 EDISON MEADOWRIDGE CAPE TOWN

Property Type

E

Extent / Size

 

Purchase Date

2012/03/30

Purchase price

R1500000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE BRAUN

Title Deed No.

ST15219/2010

Erf/Site No.

4290,0

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

U

Extent / Size

 

Purchase Date

2010/05/19

Purchase price

R 464000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for ETIENNE BRAUN

Title Deed No.

ST5716/2012

Erf/Site No.

35088,0

Deeds Office

CAPE TOWN

Physical Address

17 VIOLA BLOUBERGRANT BLOUBERG

Property Type

U

Extent / Size

 

Purchase Date

2012/02/01

Purchase price

R415000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Active Principal - 4 of 4 NEIL PASCALL

Surname

PASCALL

First Name

Neil

Marital Status

Married

ID Number

7301055051085

Verified ID Number

Yes

Current Age

42 years 1 months

Designation

Director

Status

Active

Appointment Date

1998/07/21

Physical Address (at time of Appointment)

14 BRIDEKIRK WAY, EDGEMEAD, 7442

Postal Address

PO BOX 36637, CHEMPET, 7441

Current Tel Number

0215518702

Cell number

0832818215

Shareholding/Membership

25°%

 

Principal's Adverse - No information on record

 

Business Information for NEIL PASCALL

Principal Current Business Interests

 

Company Name

Registration No

Status

Age of Business

16 TURNBERRY ROAD DIEP RIVER (PTY)LTD

M2004/023672/07

In Business

11 Years 11 Months

22 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/005977/07

In Business

9 Years 9 Months

23 KENDAL TERRACES DIEP RIVER (PTY)LTD

M2006/006035/07

In Business

9 Years 9 Months

9 TURNBERRY DIEP RIVER (PTY)LTD

M2004/022728/07

In Business

11 Years 11 Months

BRECO (PTY)LTD

M1995/002205/07

In Business

20 Years 8 Months

BRECO (S A) PROPERTY MANAGEMENT (PTY)LTD

M1995/010409/07

In Business

20 Years 8 Months

BRECO CAPE TOWN (PTY)LTD

M1996/009856/07

In Business

19 Years 7 Months

BRECO HOLDINGS (PTY)LTD

M1996/008679/07

In Business

19 Years 7 Months

FUTURE INDEFINITE INVESTMENTS 112 (PTY)LTD

M2002/010222/07

Deregistration Final

13 Years 1 Months

HORIZON BAY 701 (PTY)LTD

M2004/022727/07

Deregistration Final

11 Years 11 Months

HORIZON BAY 703 (PTY)LTD

M2004/022845/07

In Business

11 Years 11 Months

KNIGHTBRIDGE

PROPERTY

(PTY)LTD

M2004/023667/07

In Business

11 Years 11 Months

NEW NATION FISHING (PTY)LTD

M1996/007000/07

In Business

19 Years 7 Months

ORIBEL

PROPERTIES 33 (PTY)LTD

M2009/002419/07

In Business

6 Years 6 Months

PASCALL PROPERTIES CC

B2001/044297/23

In Business

14 Years 2 Months

REN HOLDINGS (PTY)LTD

M1999/016329/07

In Business

16 Years 4 Months

SANDY POINT FISHING (PTY)LTD

M1995/010406/07

Deregistration Final

20 Years 8 Months

SIMPLY SEAFOOD CC

B2000/068964/23

In Business

15 Years 3 Months

TRESSO TRADING 282 (PTY)LTD

M2001/015475/07

In Business

14 Years 2 Months

 

Principal Previous Business Interests

 

Average Age of Previous Business                                            11 Years

 

 

Company Name

Registration No

Status

Age of Business

WEST DUNES PROPERTIES 153 (PTY)LTD

M2004/022353/07

In Business

11 Years 11 Months

 

Principal Deeds Information

 

Property Interests for NEIL PASCALL

Title Deed No.

T6233/2010

Erf/Site No.

19481

Deeds Office

CAPE TOWN

Physical Address

6 DRIEKOPPEN EDGEMEAD GOODWOOD

Property Type

E

Extent / Size

 

Purchase Date

2009/11/18

Purchase price

R 900000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for NEIL PASCALL

Title Deed No.

T22759/2009

Erf/Site No.

20945

Deeds Office

CAPE TOWN

Physical Address

 

Property Type

E

Extent / Size

 

Purchase Date

2009/03/16

Purchase price

R3150000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for NEIL PASCALL

Title Deed No.

T22758/2009

Erf/Site No.

20947

Deeds Office

CAPE TOWN

Physical Address

7 HEIDE PLATTEKLOOF 3 PAROW

Property Type

E

Extent / Size

 

Purchase Date

2009/03/16

Purchase price

R3150000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for NEIL PASCALL

Title Deed No.

T22760/2009

Erf/Site No.

22245

Deeds Office

CAPE TOWN

Physical Address

5 HEIDE PLATTEKLOOF 3 PAROW

Property Type

E

Extent / Size

 

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for NEIL PASCALL

Title Deed No.

T22760/2009

Erf/Site No.

22245

Deeds Office

CAPE TOWN

Physical Address

5 HEIDE PAROW

Property Type

F

Extent / Size

2877.00000000

Purchase Date

 

Purchase price

R 0.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for NEIL PASCALL

Title Deed No.

ST13739/2011

Erf/Site No.

32853

Deeds Office

CAPE TOWN

Physical Address

13 SUNNYSIDE EDGEMEAD GOODWOOD

Property Type

U

Extent / Size

 

Purchase Date

2011/09/22

Purchase price

R 730000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

Property Interests for NEIL PASCALL

Title Deed No.

T56532/2005

Erf/Site No.

32586

Deeds Office

CAPE TOWN

Physical Address

3 LA PROVENCE EDGEMEAD GOODWOOD

Property Type

E

Extent / Size

 

Purchase Date

2004/09/07

Purchase price

R 200000.00

% Ownership

0.00

Bond Holder

 

Bond Number

 

Bond Amount

R 0.00

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.14

UK Pound

1

Rs.95.78

Euro

1

Rs.71.05

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

MNL

 

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.