|
Report No. : |
304589 |
|
Report Date : |
28.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
AIMESSA INVESTMENTS CC |
|
|
|
|
Registered Office : |
302 Brickfield Road, Overport, Durban, 4091, P O Box 3104, Durban,
4000 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Date of Incorporation : |
27.08.2001 |
|
|
|
|
Com. Reg. No.: |
B2001/059241/23 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
Not Available [We tried to confirm / obtain the detailed activity but the same is not available from any sources.] |
|
|
|
|
No of Employees : |
Not Available [We tried to confirm the number of employees but no one is ready to part any information from the company management.] |
|
|
|
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
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 |
AIMESSA INVESTMENTS CC |
|
Country |
South Africa |
|
Account Review |
Every 3 months |
|
Subject Contact Person |
PAT PATHER - FINANCIAL MANAGER |
|
Assessment |
On investigation contact was made with PAT PATHER the financial manager who declined to assist with the information. The subject declined on the basis that the principal enquirer must be revealed first. Please see the available information on the subject below. At present we therefore cannot recommend credit dealings. |
|
Registered Name |
AIMESSA INVESTMENTS CC |
|
Trading as/ Division Name |
AIMESSA INVESTMENTS |
|
Previous Name |
Unavailable |
|
Date of Name Change |
Unavailable |
|
Registration Number |
B2001/059241/23 |
|
Registration Date |
2001/08/27 |
|
Date Commenced Trading |
2001-08-27 |
|
Age of Business |
13 Years 5 Months |
|
History of Business |
The subject was established in 2001 and is trading ever since. |
|
History of Principals |
There are 4 active members within the business whom are all related. |
|
Shareholders/Members/Partners of subject and % holding |
15% - MOHAMED ESSA15% - NAIEM ESSA15% - ZORA BIBI ABDOOL SATAR ESSA
55% - ISMAIL ABBA MOOSA ESSA |
|
Status |
In Business |
|
Operations Assessment |
Not Available
|
|
Head Office Physical Address |
302 BRICKFIELD ROAD,OVERPORT,DURBAN,4091 |
|
Head Office Postal Address |
P O BOX 3104, DURBAN, 4000 |
|
Current Tel Number |
0312091125 |
|
Cell Number |
Unavailable |
|
Current Fax Number |
Unavailable |
|
Current Email Address |
|
|
Web Site Address |
None |
|
Company Registered Name |
ISMAIL TAYOB INC |
|
Trading Name |
ISMAIL TAYOB INCORPORATED |
|
Registration Number |
K2013/102622/21 |
|
Physical Address |
SUITE 22, LORNEGREY MEDICAL CENTRE, 280 DR
YUSUF DADOO STREET, DURBAN, KZN, 4001 |
|
Postal Address |
PO BOX 3104, DURBAN, 4000 |
|
Contact Person |
ISMAIL ABDUL SATAR TAYOB |
|
Contact Number |
0313095955 |
|
Principals |
1 |
|
Judgements Against Subject |
None |
|
Judgements Against Principals |
None |
|
Subject Verified as Client |
Yes |
|
Practice Number |
954756 |
|
Financial Year End |
February |
|
No of years in Business |
1 Years 7 Months |
|
Website |
Previous Auditors Information - No Information on Record
|
Vat Number |
4630198101 |
|
Status |
ACTIVE |
|
Vat Liable Date |
2001/09/01 |
|
Tax Number |
9099332141 |
|
Financial Year End |
February |
Black Economic
Empowerment Information - No Information on Record
ISO Information - No
Information on Record
Work Mans Information
- No Information on Record
Subsidiaries
Information - No Information on Record
Employees Information
- No Information on Record
Company Fleet
Information - No Information on Record
Offices Information -
No Information on Record
Branch Information -
No Information on Record
Organisation Chart
|
Level |
Position |
Name |
|
1 |
Member |
MOHAMED ESSA |
|
1 |
Member |
NAIEM ESSA |
|
1 |
Member |
ZORA BIBI ABDOOL
SATAR ESSA |
|
1 |
Member |
ISMAIL ABBA MOOSA ESSA |
Company Structure
(Ownership)
Note: One level up and all
levels down
|
Holding |
Company |
|
15% - NAIEM ESSA |
AIMESSA INVESTMENTS CC |
|
15% - ZORA BIBI
ABDOOL SATAR ESSA |
AIMESSA INVESTMENTS CC |
|
15% - MOHAMED ESSA |
AIMESSA INVESTMENTS CC |
|
55% - ISMAIL
ABBA MOOSA ESSA |
AIMESSA INVESTMENTS CC |
Key Deals - No
Information on Record
Trade References
Information - No Information on Record
Judgements - No
information on record
Business Rescue - No
Information on Record
Default Listing - No
information on record
Notarial Bonds - No
information on record
Bank Information - No
Information on Record
Bank Code History -
No Information on Record
Previous Bank Account
Information - No Information on Record
Deeds Information -
No information on record
|
Number of Principals |
4 |
|
Average Age of Active Principals |
50 |
Active Principals
Active Principal - 1 of 4 MOHAMED ESSA
|
Surname |
ESSA |
|
First Name |
MOHAMED |
|
ID Number |
8707055114054 |
|
Verified ID Number |
Yes |
|
Current Age |
27 Years 6 Months |
|
Designation |
Member |
|
Status |
Active |
|
Appointment Date |
2004/12/07 |
|
Physical Address (at time of Appointment) |
53 HENDRY ROAD, ROSEGLEN, 4091 |
|
Postal Address |
302 BRICKFIELD ROAD, OVERPORT, 4091 |
|
Current Tel Number |
0312091125 |
|
Cell number |
0837861125 |
|
Shareholding/Membership |
15% |
Principal's Adverse -
No information on record
Business Information
for MOHAMED ESSA
Principal Current Business
Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
Comment |
|
AIMESSA INVESTMENTS CC |
B2001/059241/23 |
In Business |
14 Years 2 Months |
0 |
No |
|
Active Principal - 2
of 4 NAIEM ESSA
|
Surname |
Essa |
|
First Name |
Naiem |
|
ID Number |
7502115239087 |
|
Verified ID Number |
Yes |
|
Current Age |
39 Years 11 Months |
|
Designation |
Member |
|
Status |
Active |
|
Appointment Date |
2001/11/09 |
|
Physical Address (at time of Appointment) |
49 HENDRY ROAD, ROSEGLEN, DURBAN, 4000 |
|
Postal Address |
49 HENDRY ROAD, ROSEGLEN, DURBAN, 4000 |
|
Current Tel Number |
0312091125 |
|
Cell number |
0837862893 |
|
Shareholding/Membership |
15% |
Principal's Adverse -
No information on record
Business Information
for NAIEM ESSA
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
AIMESSA INVESTMENTS CC |
B2001/059241/23 |
In Business |
14 Years 2 Months |
0 |
No |
Principal Previous Business Interests
Average Age of Previous Business 18 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
SKY ENVELOPE AND STATIONERY MANUFACTURERS CC |
B1997/011164/23 |
In Business |
18 Years 6 Months |
0 |
No |
Active Principal - 3
of 4 ZORA ESSA
|
Surname |
ESSA |
|
First Name |
ZORA |
|
ID Number |
4806220139089 |
|
Verified ID Number |
Yes |
|
Current Age |
66 Years 7 Months |
|
Designation |
Member |
|
Status |
Active |
|
Appointment Date |
2001/11/09 |
|
Physical Address (at time of Appointment) |
53 HENDRY ROAD, ROSEGLEN, DURBAN, 4001 |
|
Postal Address |
302 BRICKFIELD ROAD, OVERPORT, DURBAN, 4001 |
|
Current Tel Number |
0312091125 |
|
Shareholding/Membership |
15% |
Principal's Adverse -
No information on record
Business Information
for ZORA ESSA
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
AIMESSA INVESTMENTS CC |
B2001/059241/23 |
In Business |
14 Years 2 Months |
0 |
No |
Active Principal - 4
of 4 ISMAIL ESSA
|
Surname |
ESSA |
|
First Name |
ISMAIL |
|
ID Number |
4805115125088 |
|
Verified ID Number |
Yes |
|
Current Age |
66 Years 8 Months |
|
Designation |
MEMBER |
|
Status |
Active |
|
Appointment Date |
2001/08/27 |
|
Physical Address (at time of Appointment) |
49 HENDRY ROAD, MORNINGSIDE, DURBAN, 4000 |
|
Postal Address |
302 BRICKFIELD ROAD, OVERPORT, DURBAN, 4000 |
|
Current Tel Number |
0312091125 |
|
Cell number |
0837861125 |
|
Shareholding/Membership |
55°% |
Principal's Adverse -
No information on record
Business Information
for ISMAIL ESSA
Principal Current
Business Interests
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
ABBA MOOSA WHOLESALE |
4805115125054 |
|
Unknown |
0 |
No |
|
ABBA MOOSA WHOLESALERS CC |
B2001/075309/23 |
Deregistration Final |
14 Years 2 Months |
0 |
No |
|
AIMESSA INVESTMENTS CC |
B2001/059241/23 |
In Business |
14 Years 2 Months |
0 |
No |
|
ALBA BUSINESS FORMS (PTY)LTD |
M1993/003394/07 |
Deregistration Final |
22 Years 10 Months |
0 |
No |
|
ALBA PRINTERS CC |
B1990/027757/23 |
Deregistration Process |
25 Years 1 Months |
0 |
No |
|
BILWAN TRADING CC |
B1998/026161/23 |
Deregistration Final |
17 Years 5 Months |
0 |
No |
|
LADYSMITH BRICKS CC |
B1989/001260/23 |
|
26 Years 2 Months |
0 |
No |
|
RUMANA CREATIONS CC |
B1992/015480/23 |
Deregistration Process |
23 Years 11 Months |
0 |
No |
|
SENIB DISTRIBUTORS OF UPHOLESTRY AND SHOE FABRICS CC |
B1997/009752/23 |
Deregistration Final |
18 Years 6 Months |
0 |
No |
Principal Previous Business Interests
Average Age of Previous Business 22 Years
|
Company Name |
Registration No |
Status |
Age of Business |
Judgements |
Liquidation |
|
CELLECTICS CC |
B1999/038056/23 |
In Business |
16 Years 4 Months |
0 |
No |
|
GLOBAL STATIONERY MANUFACTURERS CC |
B1987/002499/23 |
In Business |
28 Years 4 Months |
0 |
No |
Principal Deeds
Information
Property Interests
for ISMAIL ESSA
|
Title Deed No. |
T34368/1995 |
Erf/Site No. |
230 |
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
53 HENDRY SPRINGFIELD |
|
Property Type |
F |
Extent / Size |
|
|
Purchase Date |
1995/09/08 |
Purchase price |
R 245000.00 |
|
% Ownership |
0.00 |
Bond Holder |
STANDARD BANK OF SOUTH AFRICA LTD |
|
Bond Number |
B365681995 |
Bond Amount |
R215000.00 |
Property Interests
for ISMAIL ESSA
|
Title Deed No. |
T2631/1997 |
Erf/Site No. |
0 |
|
Deeds Office |
PIETERMARITZBURG |
Physical Address |
20 HANOVER LIDGETTON WEST UMNGENI RURAL |
|
Property Type |
E |
Extent / Size |
|
|
Purchase Date |
1995/03/01 |
Purchase price |
R10000.00 |
|
% Ownership |
0.00 |
Bond Holder |
|
|
Bond Number |
|
Bond Amount |
R 0.00 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.46 |
|
UK Pound |
1 |
Rs.92.77 |
|
Euro |
1 |
Rs.69.03 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.