|
|
|
%20LTD%20-%20502182%2013-Apr-2018_files/image006.jpg){kind=small}
%20LTD%20-%20502182%2013-Apr-2018_files/image007.jpg)
%20LTD%20-%20502182%2013-Apr-2018_files/image008.gif)
MIRA INFORM REPORT
|
Report No. : |
502182 |
|
Report Date : |
13.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
ILIAD AFRICA TRADING (PTY)
LTD |
|
|
|
|
Formerly Known As : |
NEWSHELF 249 (PTY) LTD |
|
|
|
|
Registered Office : |
Unit 7
Thornhill Office Park 94 Bekker Road Vorna Valley Midrand, 1685 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Financials (as on) : |
September 2017 |
|
|
|
|
Date of Incorporation : |
27.06.1997 |
|
|
|
|
Com. Reg. No.: |
1997/010059/07 |
|
|
|
|
Legal Form : |
Private Company |
|
|
|
|
Line of Business : |
The subject is involved in the import and retail supply of ceramic
tiles, sanitary ware, bathroom fittings, general hardware, building materials,
interior and exterior finishings, finished wood products, timber and related
products. BUCHEL HARDWARE is a retail store supplying general hardware. |
|
|
|
|
No. of Employees : |
Not available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
South Africa |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately 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 Africa’s largest and among the top 20 in the world.
Economic growth has decelerated in recent years, slowing to an estimated 0.7% in 2017. Unemployment, poverty, and inequality - among the highest in the world - remain a challenge. Official unemployment is roughly 27% of the workforce, and runs significantly higher among black youth. 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. Eskom, the state-run power company, is building three new power stations and is installing new power demand management programs to improve power grid reliability but has been plagued with accusations of mismanagement and corruption and faces an increasingly high debt burden.
South Africa's economic policy has focused on controlling inflation while empowering a broader economic base; however, the country faces structural constraints that also limit economic growth, such as skills shortages, declining global competitiveness, and frequent work stoppages due to strike action. The government faces growing pressure from urban constituencies to improve the delivery of basic services to low-income areas, to increase job growth, and to provide university level-education at affordable prices. Political infighting among South Africa’s ruling party and the volatility of the rand risks economic growth. International investors are concerned about the country’s long-term economic stability; in late 2016, most major international credit ratings agencies downgraded South Africa’s international debt to junk bond status.
|
Source : CIA |
Executive
Summary
The subject is very well
established. No judgments recorded against the subject. Accounts are paid on
due date. No bank information supplied. The subject has an excellent reputation. The
subject is part of a well financed group.
COMPANY
INFORMATION
OVERVIEW
|
History |
ILIAD AFRICA TRADING (PTY) LTD was registered in June 1997 when a
shelf entity styled, NEWSHELF 249 (PTY) LTD was utilised for registration purposes.
In May 1998 the shelf entity was utilised to incorporate the assets and
operations of three companies styled ROLFIR (PTY) LTD trading as FERREIRAS
NORTHRIDING, FERBAT (PTY) LTD trading as FERREIRAS ALBERTON and FERREIRAS
(PTY) LTD trading as FERREIRAS HONEYDEW into the entity. The name was
subsequently changed to the current name and operations commenced. The subject took over specific designated assets, designated liabilities
and operations of CORPGRO INDUSTRIAL AND BUILDING SUPPLIES (PTY) LTD (Registration
Certificate Number: 1996/001391/07), which formed part of the CORP CAPITAL
group in June 2003. |
|
|
|
|
|
|
STATUTORY INFORMATION |
|
|
|
|
|
|
|
Registered Name |
ILIAD AFRICA TRADING |
|
|
Trading As |
BUCHEL HARDWARE, AN OPERATION OF ILIAD AFRICA TRADING |
|
|
Previous Names |
NEWSHELF 249 (11/05/1998) |
|
|
Registration Number |
1997/010059/07 |
|
|
Type Of Company |
Private Company |
|
|
Registered Date |
27/06/1997 |
|
|
Date Commenced Trading |
11/05/1998 |
|
|
Commercial Status |
In Business |
|
|
Financial Year End |
September |
|
|
|
|
|
|
CONTACT DETAILS |
|
|
|
|
|
|
|
Contact Number |
+27 12 300 2700 |
|
|
Email Address |
|
|
|
Website |
|
|
|
Social Media Presence |
Facebook; LinkedIn |
|
|
Registered Physical Address |
UNIT 7 THORNHILL OFFICE PARK 94 BEKKER ROAD VORNA VALLEY MIDRAND South Africa 1685 |
|
|
Trading Physical Address |
472 Stanza Bopape Street (Old Church Street) Arcadia PRETORIA Gauteng South Africa 0083 |
|
|
Postal Address |
P O Box 55442 ARCADIA Gauteng South Africa 0007 |
|
|
|
|
|
|
GENERAL COMMENTS |
|
|
|
|
|
|
|
Comments |
The subject was reluctant in assisting us telephonically with the
required information and requested an emailed questionnaire. This was duly
sent. Further contact was made with the group financial manager, Laurence
Joubert, who stated that he is currently extremely busy and would only attend
to the questionnaire at an unspecified later date. Any information contained
in this report was obtained from historical information obtained in May 2013,
outside sources and public information and is thus unconfirmed by the
subject. The address queried is applicable to the branch of the subject
company, namely Buchel Hardware. |
! |
TAX
INFORMATION
TAX INFORMATION
|
Income Tax Number |
9088004719 |
|
|
|
|
|
|
VAT INFORMATION |
||
|
|
||
|
VAT Status |
The subject is registered for VAT (VAT number/s made available) |
|
|
|
|
|
|
VAT Number |
4490185982 |
|
|
Status |
Active |
|
|
Registered Name |
CORPGRO INDUSTRIAL AND BUILDING SUPPLIES PTY LTD |
|
|
Trading Name |
BUILDING MARKET SHAYANDIMA |
|
|
|
|
|
|
VAT Number |
4630211292 |
|
|
Status |
Active |
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
Trading Name |
BILDWARE NATAL |
|
|
VAT Number |
4770223750 |
|
|
Status |
Active |
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
Trading Name |
CHIPBASE MONTAGUE GARDENS |
|
|
|
|
|
|
VAT Number |
4620245680 |
|
|
Status |
Active |
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
Trading Name |
BUILDERS MARKET BURGERSFORT AN OPER ATION OF ILIAD AFRICA TRADING PTY |
|
|
VAT Number |
4540254812 |
|
|
Status |
Active |
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
Trading Name |
BUCO THABAZIMBI |
|
|
|
|
|
|
VAT Number |
4510222559 |
|
|
Status |
Active |
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
Trading Name |
CACHET INTERNATIONAL JHB |
|
|
VAT Number |
4500245685 |
|
|
Status |
Active |
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
Trading Name |
BUILDERS MARKET MAFIKENG AN OPERATION OF ILIAD AFRICA TRADING PTY LT |
|
|
VAT Number |
4630211656 |
|
|
Status |
Active |
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
Trading Name |
BUCO RUSTENBURG AN OPERATION OF ILIAD AFRICA TRADING PTY LTD |
|
|
|
|
|
|
VAT Number |
4680216928 |
|
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
|
Trading Name |
CHIPBASE PE - AN OPERATION OF ILLIAD AFRICA TRADING (PTY) LTD |
|
|
VAT Number |
4580254110 |
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
|
Trading Name |
FERREIRAS WIERDA PARK AN OPERATION OF ILIAD AFRICA TRADING PTY LTD |
|
|
|
VAT Number |
4860223751 |
|
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
|
Trading Name |
CHIPBASE GEORGE |
|
|
VAT Number |
4580177063 |
|
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
|
Trading Name |
FERREIRAS NORTHRIDING |
|
|
|
VAT Number |
4700223755 |
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
|
Trading Name |
CHIPBASE D-VILL |
|
|
VAT Number |
4230245682 |
|
|
|
Status |
Active |
|
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
|
Trading Name |
BUILDERS MARKET POLOKWANE AN OPERAT ION OF ILIAD AFRICA TRADING PTY LT |
|
|
VAT Number |
4550245684 |
|
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
|
Trading Name |
BUILDERS MARKET SECUNDA AN OPERATIO N OF ILIAD AFRICA TRADING PTY LTD |
|
|
VAT Number |
4880214483 |
|
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
|
Trading Name |
SPECIALIZED BUILDING MATERIAL HEAD OFFICE |
|
|
|
VAT Number |
4230214399 |
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
|
Trading Name |
BUCHEL HARDWARE AN OPERATION OF ILIAD AFRICA |
|
|
|
VAT Number |
4520211139 |
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
Trading Name |
BUILDERS MARKET PIETERSBURG |
|
|
|
VAT Number |
4910211319 |
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
|
Trading Name |
SAFLOK SA AN OPERATION OF ILIAD AFRICA TRADING PTY LTD |
|
|
|
VAT Number |
4210253326 |
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
|
Trading Name |
CHIPBASE NORTHRIDING AN OPERATION OF ILIAD AFRICA TRADING PTY LTD |
|
|
|
VAT Number |
4670223751 |
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
|
Trading Name |
CHIPBASE RETREAT |
|
|
|
VAT Number |
4150209684 |
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
|
Trading Name |
BUCO WELKOM |
|
|
|
VAT Number |
4600115366 |
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILLIAD AFRICA TRADING |
|
|
|
Trading Name |
BUCO KIMBERLEY AND KATHU |
|
|
|
VAT Number |
4860271057 |
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
|
Trading Name |
BUCO VAAL |
|
|
|
VAT Number |
4800211122 |
|
|
|
Status |
Active |
|
|
|
Registered Name |
ILIAD AFRICA TRADING (PTY) LTD |
|
|
|
Trading Name |
BUCO KLERKSDORP |
|
|
|
VAT
Number |
4180217582 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
SDT |
|
|
|
VAT
Number |
4210226025 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
BUCO
PORT ALFRED |
|
|
|
VAT
Number |
4410151874 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
BUILDERS
MARKET (BLOEMFONTEIN) |
|
|
|
|
|
|
|
|
VAT
Number |
4280102940 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
BUCO
NELSPRUIT |
|
|
|
|
|
|
|
|
VAT
Number |
4330193360 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
BUCO
MALELANE AN OPERATION OF ILIAD AFRICA TRADING |
|
|
|
|
|
|
|
|
VAT
Number |
4610223754 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
CHIPBASE
BELLVILLE |
|
|
|
|
|
|
|
|
VAT
Number |
4270218599 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
ILIAD
BMD |
|
|
|
|
|
|
|
|
VAT
Number |
4600122271 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILLIAD
AFRICA TRADING |
|
|
|
Trading
Name |
DESIGN
HARDWARE AN OPERATION OF ILIAD AFRICA TRADING |
|
|
|
|
|
|
|
|
VAT
Number |
4360245684 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
BUCO
GIYANI AN OPERATION OF ILIAD AFRICA PTY LTD |
|
|
|
|
|
|
|
|
VAT
Number |
4630254813 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
DOH
BRITS AN OPERATION OF ILIAD AF RICA TRADING PTY LTD |
|
|
|
VAT
Number |
4600222402 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
ILIAD
AFRICA TRADING TOPFORM |
|
|
|
|
|
|
|
|
VAT
Number |
4700222385 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
CHIPBASE
SOMERSET WEST |
|
|
|
VAT
Number |
4220184461 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
FERREIRAS
DECOR WORLD DURBAN |
|
|
|
VAT
Number |
4910211368 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
BUILDERS
MARKET W MILLER AND OPERAT ION OF ILIAD AFRICA TRADING PTY LT |
|
|
|
VAT
Number |
4860214537 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
BUCO
EMPANGENI |
|
|
|
VAT
Number |
4820238352 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
BUCO
UITENHAGE |
|
|
|
VAT
Number |
4500223294 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
ILIAD
AFRICA TRADING PTY LTD |
|
|
|
VAT
Number |
4960247064 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
BUCO
HOEDSPRUIT |
|
|
|
VAT
Number |
4010211375 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
W
& B HARDWARE AFRICA TRADING PTY LTD |
|
|
|
|
|
|
|
|
VAT
Number |
4840255550 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
BUCO
BALLITO PTY LTD |
|
|
|
|
|
|
|
|
VAT
Number |
4350220838 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
SUNCOL |
|
|
|
|
|
|
|
|
VAT
Number |
4050177072 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
BUCO
HONEYDEW |
|
|
|
VAT
Number |
4230170773 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
LAEVELD
BOUHANDELAARS - BUCO HAZYVIEW |
|
|
|
VAT
Number |
4870216308 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
BUCO
EAST LONDON |
|
|
|
VAT
Number |
4090245681 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
BUCO
JANE FURSE AN OPERATION OF ILIAD TRADING (PTY) LTD |
|
|
|
VAT
Number |
4050249376 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
RIETPAN
HARDWARE-AN OPERATION OF IL IAD AFRICA TRADING PTY LTD |
|
|
|
VAT
Number |
4020174639 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
ILIAD
AFRICA TRADING PTY LTD HEAD OFFICE |
|
|
|
VAT
Number |
4090209729 |
|
|
|
Status |
Active |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
BUCO
MIDDELBURG |
|
|
|
VAT
Number |
4940247069 |
|
|
|
Status |
Inactive |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING PTY LTD |
|
|
|
Trading
Name |
BUCO
LYDENBURG |
|
|
|
VAT
Number |
4460223672 |
|
|
|
Status |
Inactive |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING PTY LTD |
|
|
|
Trading
Name |
CACHET
INTERNATIONAL DBN OPERATION OF ILIAD AFRICA TRADING PTY LTD |
|
|
|
VAT
Number |
4170240024 |
|
|
|
Status |
Inactive |
|
|
|
Registered
Name |
ILIAD
AFRICA TRADING (PTY) LTD |
|
|
|
Trading
Name |
SANWARE
PLUMBING AN OPERATION OF ILIAD AFRICA TRADING (PTY) LTD |
|
|
GENERAL COMMENTS
Comments The
VAT number for BUCHEL HARDWARE is 4230214399.
OFFICERS AND
PROFESSIONAL SERVICES
LIST OF OFFICERS AND PROFESSIONAL SERVICES
|
Type |
Name |
Contact
Name |
Contact
Number |
|
Insurance |
AON
& MARSH INSURANCE BROKERS |
|
|
|
Auditor |
GRANT
THORNTON |
|
|
OWNERSHIP STRUCTURE
SHAREHOLDING
INFORMATION
CURRENT
|
Holding
Company |
Share |
Type |
Comment |
|
ILIAD
AFRICA LTD |
100.00% |
Holding
Company |
|
|
Associated
Companies |
Share |
Type |
Comment |
|
D&A
TRUSS COMPANY (PTY) LTD |
100.00% |
Subsidiary |
|
|
D&A
TIMBERS (PTY) LTD |
100.00% |
Subsidiary |
|
|
CAMPWELL
HARDWARE (PTY) LTD |
100.00% |
Subsidiary |
|
|
UNITED
TUBE (PTY) LTD |
100.00% |
Subsidiary |
|
|
CMG
HOLDINGS COMPANY (PTY) LTD |
100.00% |
Subsidiary |
|
|
ILIAD
AFRICA INVESTMENTS (PTY) LTD |
50.00% |
Associate |
|
|
BYM
BUILDING SUPPLIES (PTY) LTD |
100.00% |
Subsidiary |
|
|
UNITED
STEEL & PIPES SUPPLIES (PTY) LTD |
100.00% |
Subsidiary |
|
PRINCIPAL INFORMATION
Director / Member
|
Full
Name |
ID
No. |
Type |
Status |
DOA |
Active
Interests |
Previous
Interests Judgments |
Fraud
Listing |
|
|
EUGENE
BENEKE |
6705315135085 |
Director |
Active |
01/11/2008 |
27 |
4 |
0 |
0 |
|
WAYNE
DEON OPPERMAN |
6505225019084 |
Director |
Active |
01/02/2016 |
20 |
4 |
0 |
0 |
|
ANDRIES STEPHANUS STRYDOM |
7202175083083 |
Director |
Resigned |
23/01/2008 |
2 |
6 |
0 |
0 |
|
CHRISTIAAN PHILLIP BOOYENS |
5701055023087 |
Director |
Resigned |
01/11/2011 |
4 |
27 |
0 |
0 |
|
GERRIT
MARTHINUS JURGENS DU PREEZ |
6511255141087 |
Director |
Resigned |
01/07/2010 |
0 |
0 |
0 |
0 |
|
GORDON
CHARLES BAYLEY |
4005055092089 |
Director |
Resigned |
27/10/2003 |
7 |
0 |
0 |
0 |
|
GRAEME
MONTGOMERY |
6006205108088 |
Director |
Resigned |
01/05/2007 |
4 |
10 |
0 |
0 |
|
JOSE
LUIS DAVIDSON MENDES |
6005215108088 |
Director
Director |
Resigned
Resigned |
05/08/2004 |
5 |
13 |
0 |
0 |
|
KIM
CONRAD DAVIDSON |
6906105132080 |
01/07/2010 |
0 |
8 |
0 |
0 |
||
|
LUKAS PHILLIPUS OELOFSE |
4812135038085 |
Director |
Resigned |
27/10/2003 |
2 |
0 |
0 |
0 |
|
MANUEL
PAULO PAIVA DE CANHA |
6206285211089 |
Director |
Resigned |
27/10/2003 |
9 |
1 |
0 |
0 |
|
MARCO
STEYL VAN NIEKERK |
7712135033085 |
Director |
Resigned |
23/01/2008 |
14 |
8 |
0 |
0 |
|
MICHAEL
MESKIN |
4910255010007 |
Director |
Resigned |
27/10/2003 |
3 |
9 |
0 |
0 |
|
NEIL
PETER GOOSEN |
6402125050080 |
Director |
Resigned |
02/06/1998 |
0 |
2 |
0 |
0 |
|
PAUL
JOSEPH DE KLERK |
6610245038088 |
Director |
Resigned |
01/05/2007 |
10 |
22 |
0 |
0 |
|
RALPH
BRUCE PATMORE |
5204285110006 |
Director |
Resigned |
20/05/1998 |
3 |
13 |
0 |
0 |
|
RHONE
GERARD DIAB |
6505015021084 |
Director |
Resigned |
27/10/2003 |
5 |
1 |
0 |
0 |
|
ROWLAND
WILLIAM MEEK |
5903125084087 |
Director |
Resigned |
01/07/2010 |
0 |
1 |
0 |
0 |
|
STEPHEN
SCHUTZ |
6704195094082 |
Director |
Resigned |
01/03/2006 |
6 |
6 |
0 |
0 |
ACTIVE BUSINESS INTERESTS: EUGENE BENEKE
|
Company
Name |
Registration
No. |
Business
Status |
Principal
Status |
Principal
Type |
Judgments |
|
CAMPWELL
HARDWARE |
2006/016431/07 |
In
Business |
Active |
Director |
0 |
|
B
ONE HOLDINGS |
1988/006069/07 |
In
Business |
Active |
Director |
0 |
|
PENNYPINCHERS
TRUSSES WESTERN CAPE |
2011/127617/07 |
In
Business |
Active |
Director |
0 |
|
BUSH
HILL EXT 39 DEVELOPMENT |
1996/004034/07 |
Deregistration
Final |
Active |
Director |
0 |
|
D
AND A TRUSS COMPANY |
2002/019276/07 |
In
Business |
Active |
Director |
0 |
|
STEINHOFF
DOORS AND
BUILDING MATERIALS |
1972/004708/07 |
In
Business |
Active |
Director |
0 |
|
PEFKI
WOOD PRODUCTS |
1993/004401/07 |
In
Business |
Active |
Director |
0 |
|
GOLDEN
LODGE DEVELOPMENT |
1990/001650/07 |
Deregistration
Final |
Active |
Director |
0 |
|
BYM
BUILDING SUPPLIES |
1995/003883/07 |
In
Business |
Active |
Director |
0 |
|
NAKA
SANGA PRIVATE NATURE
RESERVE LANDOWNERS ASSOCIATION |
2000/018790/08 |
In
Business |
Active |
Director |
0 |
|
HARDWARE
WAREHOUSE |
2007/004302/06 |
In
Business |
Active |
Director |
0 |
|
DENVER
CONSTRUCTION |
1989/003186/07 |
Deregistration
Final |
Active |
Director |
0 |
|
KRUGER
BENEKE EN WAGNER |
1994/037734/23 |
In
Business |
Active |
Member |
0 |
|
KH
INTERNATIONAL |
1944/016830/07 |
In
Business |
Active |
Director |
0 |
|
PLOT
221 NORTHRIDING DEVELOPMENT |
1994/008712/07 |
Deregistration
Final |
Active |
Director |
0 |
|
BUILDING
SUPPLY GROUP |
2010/008725/07 |
In
Business |
Active |
Director |
0 |
|
ILIAD
AFRICA INVESTMENTS |
1999/010559/07 |
In
Business |
Active |
Director |
0 |
|
D
AND A TIMBERS |
1998/025853/07 |
In
Business |
Active |
Director |
0 |
|
JD
GROUP |
1981/009108/07 |
In
Business |
Active |
Director |
0 |
|
JOHN
ALMON TILES TRUST |
IT110347 |
In
Business |
Active |
Trustee
(Other) |
0 |
|
CACHET INTERNATIONAL HOLDINGS |
1997/013442/07 |
In
Business |
Active |
Director |
0 |
|
ILIAD
AFRICA |
1997/011938/06 |
In
Business |
Active |
Director |
0 |
|
CMG
HOLDINGS |
1999/004206/07 |
In
Business |
Active |
Director |
0 |
|
TIMBERCITY
LOWVELD |
2001/008196/07 |
In
Business |
Active |
Director |
0 |
|
EBSWANO |
1981/010087/07 |
Deregistration
Final |
Active |
Director |
0 |
|
UNITED
STEEL AND PIPE SUPPLIES |
1994/003538/07 |
In
Business |
Active |
Director |
0 |
|
PENNYPINCHERS
SAND AND STONE |
2007/027317/07 |
In
Business |
Active |
Director |
0 |
PREVIOUS BUSINESS INTERESTS: EUGENE BENEKE
|
Company
Name |
Registration
No. |
Business
Status |
Principal
Status |
Principal
Type |
Judgments |
|
NATIONAL
CHAMBER OF MILLING |
1936/008920/08 |
In
Business |
Resigned |
Director |
0 |
|
SOUTH
AFRICAN AGRICULTURAL PROCESSORS ASSOCIATION |
2005/011182/08 |
AR
Deregistration Process |
Resigned |
Director |
0 |
|
LESOTHO
MILLING COMPANY(INCORPORATED IN LESOTHO) |
1980/005108/10 |
In
Business |
Resigned |
Director |
0 |
|
BUSH
HILL EXTENSION 39 HOME OWNERS ASSOCIATION |
1996/008123/08 |
AR
Deregistration Process |
Resigned |
Director |
0 |
ACTIVE BUSINESS INTERESTS: WAYNE DEON OPPERMAN
|
Company
Name B
ONE HOLDINGS |
Registration
No. 1988/006069/07 |
Business
Status In
Business |
Principal
Status Active |
Principal
Type Director |
Judgments
0 |
|
CAMPWELL
HARDWARE |
2006/016431/07 |
In
Business |
Active |
Director |
0 |
|
KH
INTERNATIONAL |
1944/016830/07 |
In
Business |
Active |
Director |
0 |
|
GOLDEN
DIVIDEND 235 |
2005/034562/07 |
In
Business |
Active |
Director |
0 |
|
TIMBERCITY
LOWVELD |
2001/008196/07 |
In
Business |
Active |
Director |
0 |
|
UNITED
STEEL AND PIPE SUPPLIES |
1994/003538/07 |
In
Business |
Active |
Director |
0 |
|
PENNYPINCHERS
SAND AND STONE |
2007/027317/07 |
In
Business |
Active |
Director |
0 |
|
STEINHOFF
DOORS AND BUILDING MATERIALS |
1972/004708/07 |
In
Business |
Active |
Director |
0 |
|
CACHET INTERNATIONAL HOLDINGS |
1997/013442/07 |
In
Business |
Active |
Director |
0 |
|
IN
LINE TRADING 142 |
2003/011574/07 |
In
Business |
Active |
Director |
0 |
|
HARDWARE
WAREHOUSE |
2007/004302/06 |
In
Business |
Active |
Director |
0 |
|
BUILDING
SUPPLY GROUP |
2010/008725/07 |
In
Business |
Active |
Director |
0 |
|
D
AND A TIMBERS |
1998/025853/07 |
In
Business |
Active |
Director |
0 |
|
D
AND A TRUSS COMPANY |
2002/019276/07 |
In
Business |
Active |
Director |
0 |
|
CMG
HOLDINGS |
1999/004206/07 |
In
Business |
Active |
Director |
0 |
|
BYM
BUILDING SUPPLIES |
1995/003883/07 |
In
Business |
Active |
Director |
0 |
|
ILIAD
AFRICA |
1997/011938/06 |
In
Business |
Active |
Director |
0 |
|
PEFKI
WOOD PRODUCTS |
1993/004401/07 |
In
Business |
Active |
Director |
0 |
|
PENNYPINCHERS
TRUSSES WESTERN CAPE |
2011/127617/07 |
In
Business |
Active |
Director |
0 |
|
ILIAD
AFRICA INVESTMENTS |
1999/010559/07 |
In
Business |
Active |
Director |
0 |
|
|
|
|
|
|
|
|
PREVIOUS BUSINE SS INTERESTS: WA YNE DEON OPPERMAN |
|||||
|
|
|||||
|
Company
Name |
Registration
No. |
Business
Status |
Principal
Status |
Principal
Type |
Judgments |
|
FLASH
CURE SYSTEMS |
2007/000936/23 |
AR
Final deregistration |
Resigned |
Member |
0 |
|
PEFKI
WOOD PRODUCTS |
1993/004401/07 |
In
Business |
Resigned |
Officer |
0 |
|
STEINBUILD
HOLDINGS |
1995/008188/07 |
In
Business |
Resigned |
Director |
0 |
|
REGAL
3 INVESTMENT CORPORATION |
2007/210592/23 |
Conversion
CO/CC or CC/CO |
Resigned |
Member |
1 |
Management
No principals found for this principal type.
Officer
|
Full
Name |
ID
No. |
Type |
Status |
DOA |
Active
Interests |
Previous
Interests |
Judgments |
Fraud
Listing |
|
STEPHEN
CHRISTOPHER O"CONNOR |
6512015079088 |
Company
Secretary |
Active |
01/04/2011 |
26 |
11 |
0 |
0 |
|
NEICHRIST COMPUTING AND FINANCIAL
SERVICES |
|
Secretary
(Companies & CCs) |
Resigned |
02/01/2001 |
0 |
0 |
0 |
0 |
|
JOSE
LUIS DAVIDSON MENDES |
6005215108088 |
Company
Secretary Resigned 05/08/2004 |
5 |
13 |
0 |
0 |
||
ACTIVE BUSINESS INTERESTS: STEPHEN CHRISTOPHER O'CONNOR
|
Company
Name BYM
BUILDING SUPPLIES |
Registration
No. 1995/003883/07 |
Business
Status In
Business |
Principal
Status Active |
Principal
Type Company
Secretary |
Judgments
0 |
|
WESTERIA INVESTMENT HOLDINGS |
1998/024827/07 |
Deregistration
Final |
Active |
Company
Secretary |
0 |
|
RESOURCE DEVELOPMENT INTERNATIONAL |
1989/006627/07 |
In
Business |
Active |
Company
Secretary |
0 |
|
ILIAD
AFRICA INVESTMENTS |
1999/010559/07 |
In
Business |
Active |
Company
Secretary |
0 |
|
PENNYPINCHERS
SAND AND STONE |
2007/027317/07 |
In
Business |
Active |
Company
Secretary |
0 |
|
LEARNTRON |
1985/005003/07 |
AR
Final deregistration |
Active |
Company
Secretary |
0 |
|
BIOTRACE
TRADING 89 |
2001/005206/07 |
AR
Final deregistration |
Active |
Company
Secretary |
0 |
|
CACHET INTERNATIONAL HOLDINGS |
1997/013442/07 |
In
Business |
Active |
Director |
0 |
|
ILIAD
AFRICA |
1997/011938/06 |
In
Business |
Active |
Company
Secretary |
0 |
|
KH
INTERNATIONAL |
1944/016830/07 |
In
Business |
Active |
Company
Secretary |
0 |
|
D
AND A TIMBERS |
1998/025853/07 |
In
Business |
Active |
Company
Secretary |
0 |
|
SILVER
LAKE TRADING 483 |
2007/004953/07 |
AR
Final deregistration |
Active |
Company
Secretary |
0 |
|
KIDZ
PLAYHOUSE |
2000/010911/08 |
In
Business |
Active |
Company
Secretary |
0 |
|
D
AND A TRUSS COMPANY |
2002/019276/07 |
In
Business |
Active |
Company
Secretary |
0 |
|
CMG
HOLDINGS |
1999/004206/07 |
In
Business |
Active |
Company
Secretary |
0 |
|
HARDWARE
WAREHOUSE |
2007/004302/06 |
In
Business |
Active |
Company
Secretary |
0 |
|
CACHET INTERNATIONAL HOLDINGS |
1997/013442/07 |
In
Business |
Active |
Company
Secretary |
0 |
|
TIME
SYSTEM S A |
1982/007692/07 |
AR
Final deregistration |
Active |
Company
Secretary |
0 |
|
CAMPWELL
HARDWARE |
2006/016431/07 |
In
Business |
Active |
Company
Secretary |
0 |
|
UNITED
STEEL AND PIPE SUPPLIES |
1994/003538/07 |
In
Business |
Active |
Company
Secretary |
0 |
|
TIMEMASTER |
1981/007204/07 |
Deregistration
Final |
Active |
Company
Secretary |
0 |
|
CNA
INTELLECTUAL PROPERTY |
2001/012557/07 |
Deregistration
Final |
Active |
Company
Secretary |
0 |
|
B
ONE HOLDINGS |
1988/006069/07 |
In
Business |
Active |
Company
Secretary |
0 |
|
H
C LEON |
1997/018469/07 |
AR
Final deregistration |
Active |
Company
Secretary |
0 |
|
PEFKI
WOOD PRODUCTS |
1993/004401/07 |
In
Business |
Active |
Company
Secretary |
0 |
|
TIMBERCITY
LOWVELD |
2001/008196/07 |
In
Business |
Active |
Company
Secretary |
0 |
PREVIOUS BUSINESS INTERESTS: STEPHEN CHRISTOPHER O'CONNOR
|
Company
Name |
Registration
No. |
Business
Status |
Principal
Status |
Principal
Type |
Judgments
0 |
|
HOUSE
OF ESTENI SHARE BLOCK |
2000/004129/07 |
In
Business |
Resigned |
Director |
0 |
|
THE
INDEPENDENT INSTITUTE OF EDUCATION |
1987/004754/07 |
In
Business |
Resigned |
Company
Secretary |
0 |
|
ADVTECH
RESOURCING |
1987/000811/07 |
In
Business |
Resigned |
Company
Secretary |
0 |
|
ADVTECH
TRAINING |
1987/004781/07 |
In
Business |
Resigned |
Company
Secretary |
0 |
|
STRATEGIC
CONNECTION |
1985/002357/07 |
In
Business |
Resigned |
Company
Secretary |
0 |
|
KAPELE
APPOINTMENTS |
1987/005865/07 |
In
Business |
Resigned |
Company
Secretary |
0 |
|
ADVTECH |
1990/001119/06 |
In
Business |
Resigned |
Company
Secretary |
0 |
|
CNA
ENTERTAINMENT |
2001/012530/07 |
AR
Final deregistration |
Resigned |
Company
Secretary |
0 |
|
ADVTECH
RESOURCE HOLDINGS |
1981/007265/07 |
In
Business |
Resigned |
Company
Secretary |
0 |
|
BRYAN
HATTINGH INDEPENDENT SERVICES |
1988/005634/07 |
In
Business |
Resigned |
Company
Secretary |
0 |
|
BUSINESS
LEARNING SYSTEMS |
1988/006395/07 |
In
Business |
Resigned |
Company
Secretary |
0 |
Other
No principals found for this principal type
BANK
ACCOUNT INFORMATION
GENERAL COMMENTS
General Comments
Banking details for BUCHEL
HARDWARE were declined
OPERATIONAL
ACTIVITIES
|
Operational
Activities Status |
The
following information was provided |
|
|
Industry |
Import
and retail |
|
|
Major
Industry SIC Code |
47420
- Retail sale of hardware |
|
|
Secondary
Industry SIC Code(s) |
Retail
sale of other building material such as bricks, wood, sanitary equipment |
|
|
NACE
Code |
47,52
- Retail sale of hardware, paints and glass in specialised stores |
|
|
|
|
|
|
MAJOR OPERATION |
|
|
|
|
|
|
|
Major
Business Activities |
The
subject is involved in the import and retail supply of ceramic tiles,
sanitary ware, bathroom fittings, general hardware, building materials,
interior and exterior finishings, finished wood products, timber and related
products. BUCHEL HARDWARE is a retail store supplying general hardware. |
|
|
Foreign
Trade Activities |
International |
|
|
Agencies
Held |
Subject
holds no agencies. |
|
|
Franchises
Held |
The
subject holds no franchises. |
|
|
Major
Suppliers |
• SONAE NOVOBORD • INTERWIL • PG BISON • ISEO SOUTH AFRICA • ASSA ABLOY • DORMA KABA |
|
|
Major
Customers |
• Artisans in general • Building contractors. • The general public |
|
|
Major
Brands |
• ISEA • DORMA • BOBRICK • MANITAL • PLUS NUMEROUS OTHER NAME BRANDS |
|
|
Major
Contracts |
Subject
does not operate on a contract basis. |
|
GENERAL
COMMENTS
General Comments
Information provided is
obtained from open source investigations and is unconfirmed by the subject
OPERATIONAL
FOOTPRINT
Operational Footprint
Status
The following information
was provided
BRANCH
& PREMISES INFORMATION
|
Location |
Description/Type |
Size
(m2) |
#
of Staff |
Rented
or Owned |
Lease
Expiry Date |
|
ARCADIA |
Retail
Outlet |
|
|
|
N/A |
GENERAL COMMENTS
General Comments
The registered entity is
represented throughout South Africa with a number of retail outlets.
Information provided is obtained from open source investigations and is
unconfirmed by the subject
FINANCING TERMS
FINANCING TERMS
|
Sales
Terms |
• Cash • 30 Days |
|
|
Overdraft
Facility |
The
Subject has an overdraft facility. |
|
|
Overdraft
Usage |
Regularly |
|
|
Sureties |
Details
have been declined |
|
|
Debtors
Ceded |
Details
have been declined. |
|
|
Debtors
Factored |
Details
have been declined. |
|
|
Bonds |
Details
Declined |
|
|
|
|
|
|
GENERAL COMMENTS |
|
|
|
|
|
|
|
General
Comments |
Full
financing terms were declined. |
|
FINANCIAL FIGURES
FINANCIAL FIGURES
|
Financial
Year |
2017 |
2016 |
|
|
Currency |
ZAR |
ZAR |
|
|
Actual
numbers, 000' or mio |
Millions ('000,000) |
Millions ('000,000) |
|
|
Source |
Consolidated financial statements_September 2017 |
Consolidated financial statements_September 2017 |
|
|
INCOME STATEMENT |
|
||
|
Turnover/Revenue |
57,850 |
61,154 |
|
|
Cost
of Goods Sold |
37,412 |
41,154 |
|
|
Gross
Profit |
20,438 |
20,000 |
|
|
Operating
Profit |
5,786 |
3,642 |
|
|
Net
Profit |
3,567 |
1,317 |
|
|
BALANCE SHEET |
|
||
|
Fixed
Assets |
42,458 |
39,857 |
|
|
Property,
Plant & Equipment |
4,613 |
3,714 |
|
|
Current
Assets |
19,918 |
24,267 |
|
|
Inventory |
10,954 |
8,732 |
|
|
Account
Receivable |
4,931 |
5,021 |
|
|
Cash |
3,797 |
2,771 |
|
|
Total Assets 87,113 |
88,845 |
|
|
|
Current
Liabilities |
17,758 |
30,771 |
|
|
Accounts
Payable |
11,722 |
11,364 |
|
|
Overdraft |
89 |
79 |
|
|
Long
Term Liabilities |
16,438 |
5,379 |
|
|
Loans |
11,000 |
0 |
|
|
Equity |
52,917 |
52,695 |
|
|
FINANCIAL RATIOS |
|
||
|
Gross
Profit Margin |
35.0% |
33.0% |
|
|
Operating
Profit Margin |
10.0% |
6.0% |
|
|
Current
Ratio |
1.1 |
0.8 |
|
|
Acid
Test Ratio |
0.5 |
0.5 |
|
GENERAL COMMENTS
General Comments
It should be noted that the
2017 figures are for the twelve month period ending 30 September 2017. The 2016
figures, however, are for the fifteen month period ending 30 September 2016
TRADE REFERENCES
TRADE REFERENCES
|
Trade Reference |
Date |
Trade Score |
Terms Given (Taken) in days |
Monthly Limit Given (Taken) |
Account Opened |
Payment Trend (prev. 3 years) |
|
|
Account Insured |
Notes |
|
TR180412122 |
12/04/2018 |
Neutral |
30 Days (30 Days) |
650,000 (155,000) (ZAR) |
2010 |
50% |
|
|
No |
This is a very good account, receiving an 8% discount. Monthly purchases range between ZAR60,000 and ZAR250,000. |
|
TR180412121 |
12/04/2018 |
N/A |
|
|
|
|
|
|
|
Awaiting response |
|
TR180412119 |
12/04/2018 |
Neutral |
30 Days (30 Days) |
4,000,000 (450,000) (ZAR) |
1989 |
50% |
50% |
|
Yes |
This is a good account, receiving an 8% discount. Monthly purchases range between ZAR400,000 and ZAR700,000. |
|
TR180412114 |
12/04/2018 |
Neutral |
30 Days (30 Days) |
4,000,000 (Confidential) |
2008 |
50% |
50% |
|
Yes |
This is a good account. |
|
TR180412112 |
12/04/2018 |
N/A |
|
|
|
|
50% |
|
|
Company policy not to provide trade references |
TRADE REFERENCE
ANALYTICS
|
Number
of valid Trade References |
6 |
|
Overall
Trade Score |
50% |
|
Average
Usage of Terms |
100% |
|
Average
Monthly Purchase |
302,500
ZAR |
|
Average
Usage of Credit Limit |
18% |
COURT NOTICES
No judgments on file in the name of the subject
No liquidation applications on file in the name of the subject
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.35 |
|
|
1 |
INR 92.70 |
|
Euro |
1 |
INR 80.80 |
|
ZAR |
1 |
INR 5.41 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRI |
|
|
|
|
Report Prepared
by : |
SYL |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low risk
of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably on
secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the business
is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.