|
|
|
MIRA INFORM REPORT
|
Report No. : |
502321 |
|
Report Date : |
14.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
NAMPAK PRODUCTS LTD |
|
|
|
|
Registered Office : |
Nampak House Hampton Office Park 20 Georgian
Crescent, Bryanston Gauteng, South Africa 2191 |
|
|
|
|
Country : |
South Africa |
|
|
|
|
Financials (as on) : |
2017 |
|
|
|
|
Date of Incorporation : |
24.08.1963 |
|
|
|
|
Com. Reg. No.: |
1963/004547/06 |
|
|
|
|
Legal Form : |
Public Company |
|
|
|
|
Line of Business : |
The subject is involved in the manufacturing
and marketing of packaging, printing and paper related products. |
|
|
|
|
No. of Employees : |
6,678 |
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+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
Status : |
Excellent |
|
|
|
|
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 |
COMPANY INFORMATION
OVERVIEW
|
History |
NAMPAK PRODUCTS LTD was established in August
1963, and operations commenced immediately. The subject was listed in the
Johannesburg Stock Exchange in 1969. |
STATUTORY INFORMATION
|
Registered Name |
NAMPAK PRODUCTS |
|
Registration Number |
1963/004547/06 |
|
Type Of Company |
Public Company |
|
Registered Date |
24/08/1963 |
|
Date Commenced Trading |
24/08/1963 |
|
Commercial Status |
In Business |
|
Financial Year End |
September |
CONTACT DETAILS
|
Contact Number |
+27 11 719 6300 |
|
Email Address |
|
|
Fax Number |
+27 11 444 4794 |
|
Website |
|
|
Social Media Presence |
Facebook; LinkedIn |
|
Registered Physical Address |
Nampak House Hampton Office Park 20 Georgian
Crescent Bryanston Gauteng South Africa 2191 |
|
Trading Physical Address |
Nampak House; Hampton Office Park; 20 Georgian
Crescent East Bryanston Johannesburg Gauteng South Africa 2191 |
|
Postal Address |
P O Box 69983 BRYANSTON Gauteng South Africa 2021 |
GENERAL COMMENTS
|
Comments |
Upon investigation we found that there is no registered legal entity under the name NAMPAK PRODUCT (PTY) LTD, hence why
there report was conducted on
the subject. |
TAX
INFORMATION
Income
Tax Number 9900081713
VAT
INFORMATION
|
VAT
Status |
The
subject is registered for VAT (VAT number/s made available) |
|
VAT Number |
4230113039 |
|
Status |
Active |
|
Registered Name |
NAMPAK PRODUCTS LTD |
OFFICERS
AND PROFESSIONAL SERVICES
LIST OF OFFICERS AND PROFESSIONAL SERVICES
|
Type |
Name |
Contact Name |
Contact Number |
|
Insurance |
WILLIS SA |
BERNARD STANLEY |
+27115355400 |
|
Auditor |
DELOITTE |
TRUSHAR KALAN |
+27118065000 |
OWNERSHIP
STRUCTURE
SHAREHOLDING INFORMATION
CURRENT
|
Holding Company |
Share |
Type |
Comment |
|
NAMPAK LTD |
100.00% |
Holding Company |
Incorporated in Southern Africa. |
PRINCIPAL
INFORMATION
Director / Member
|
Full Name |
ID No. |
Type |
Status |
DOA |
Active Interests |
Previous Interests |
Judgments |
Fraud Listing |
|
ANDRE MARINUS DE RUYTER |
6803205097083 |
Director |
Active |
17/02/2014 |
5 |
15 |
0 |
0 |
|
CHRISTIAAN BURMEISTER |
6310095020084 |
Director |
Active |
01/04/2014 |
2 |
3 |
0 |
0 |
|
ERIK ELI SMUTS |
7003305029081 |
Director |
Active |
01/09/2009 |
1 |
2 |
0 |
0 |
|
GLENN RAMSAY FULLERTON |
6709255102089 |
Director |
Active |
01/09/2015 |
0 |
0 |
0 |
0 |
|
MPOLOKENG MANDISA FLEURETTE SELEOANE |
7304070579080 |
Director |
Active |
01/07/2017 |
2 |
2 |
0 |
0 |
|
MXOLISI KHUTAMA |
7609225320085 |
Director |
Active |
30/09/2015 |
10 |
2 |
0 |
0 |
|
ROBERT GEORGE MORRIS |
6112285082084 |
Director |
Active |
28/03/2008 |
1 |
4 |
0 |
0 |
|
ALISTAIR STUART LANG |
4605065010102 |
Director |
Resigned |
29/10/1991 |
0 |
5 |
0 |
0 |
|
ANDREW BRIAN MARSHALL |
5510045146084 |
Director |
Resigned |
01/03/2009 |
4 |
14 |
0 |
0 |
|
ANDREW MYLES MARTHINUSEN |
4804085002088 |
Director |
Resigned |
10/01/1984 |
4 |
3 |
0 |
0 |
|
ARMINDO DE SA MORAIS |
5403135087188 |
Director |
Resigned |
10/01/2000 |
2 |
2 |
0 |
0 |
|
BRIAN PATRICK CONNELLAN |
4006280000000 |
Director |
Resigned |
01/04/1990 |
1 |
1 |
0 |
0 |
|
CHARLES HOWARD BROMLEY |
6307315031081 |
Director |
Resigned |
22/06/2009 |
6 |
10 |
0 |
0 |
|
CLARENCE JOHN MILLER |
4602045066080 |
Director |
Resigned |
17/09/2002 |
2 |
8 |
0 |
0 |
|
FEZEKILE VELILE TSHIQI |
5406195689082 |
Director |
Resigned |
01/09/2009 |
7 |
1 |
0 |
0 |
|
GARETH GRIFFITHS |
5303305068085 |
Director |
Resigned |
01/09/2009 |
0 |
0 |
0 |
0 |
|
GAVIN VICTOR DEAN DUFFEY |
4004290000000 |
Director |
Resigned |
16/08/1984 |
0 |
7 |
0 |
0 |
|
GIANPAOLO EUGENIO BORTOLAN |
4805295155087 |
Director |
Resigned |
12/01/1986 |
2 |
11 |
0 |
0 |
|
JOHN WILLIAM CORNELIUS SAYERS |
4603175046082 |
Director |
Resigned |
01/05/1996 |
0 |
17 |
0 |
0 |
|
NEIL CUMMING |
5311185141088 |
Director |
Resigned |
23/04/1990 |
1 |
12 |
0 |
0 |
|
PHILIPPUS ALBERTUS DE WEERDT |
5403175053082 |
Director |
Resigned |
27/03/2008 |
5 |
4 |
0 |
0 |
|
REX GALL TOMLINSON |
6209305080088 |
Director |
Resigned |
19/09/1996 |
5 |
33 |
0 |
0 |
|
ROBERT PAUL BECKER |
6205215128082 |
Director |
Resigned |
27/01/2003 |
3 |
42 |
0 |
0 |
|
SIBONGISENI EPHRAIM MSANE |
6209035684084 |
Director |
Resigned |
01/09/2009 |
1 |
4 |
0 |
0 |
|
TIMOTHY NEIL JACOBS |
6905245133081 |
Director |
Resigned |
01/10/2005 |
0 |
0 |
0 |
0 |
|
TREVOR EVANS |
4501310000000 |
Director |
Resigned |
28/09/1990 |
2 |
5 |
0 |
0 |
|
WILLEM PETRUS WIESE |
6107255131085 |
Director |
Resigned |
27/03/2008 |
2 |
4 |
0 |
0 |
|
ZITHULELE KENNEDY NZIMANDE |
6811275338089 |
Director |
Resigned |
01/09/2009 |
3 |
4 |
0 |
0 |
ACTIVE BUSINESS INTERESTS: ANDRE MARINUS DE RUYTER
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
SASOL SYNFUELS |
1979/002735/07 |
In Business |
Active |
Director |
0 |
|
NAMPAK |
1968/008070/06 |
In Business |
Active |
Director |
0 |
|
PACKAGING SA |
1985/001427/08 |
In Business |
Active |
Director |
0 |
|
SCHULDER PROPERTY INVESTMENTS |
2018/220667/07 |
In Business |
Active |
Director |
0 |
|
TUISBAAI |
1990/033761/23 |
In Business |
Active |
Member |
0 |
PREVIOUS BUSINESS INTERESTS: ANDRE MARINUS DE RUYTER
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
SASOL CHEMICAL HOLDINGS INTERNATIONAL |
2000/028939/07 |
In Business |
Resigned |
Director |
0 |
|
SASOL OIL |
1981/007622/07 |
In Business |
Resigned |
Director |
0 |
|
SASOL GAS |
1964/006005/07 |
In Business |
Resigned |
Director |
0 |
|
SASOL TECHNOLOGY |
1966/000452/07 |
In Business |
Resigned |
Director |
0 |
|
SASOL HOLDINGS (USA) |
1997/013349/07 |
In Business |
Resigned |
Director |
0 |
|
SASOL SOUTH AFRICA |
1968/013914/07 |
In Business |
Resigned |
Director |
0 |
|
REPUBLIC OF MOZAMBIQUE PIPELINE INVESTMENTS
COMPANY |
2000/013994/07 |
In Business |
Resigned |
Director |
0 |
|
SPI INTERNATIONAL |
1966/001245/07 |
In Business |
Resigned |
Director |
0 |
|
CHEMCITY |
1964/004881/07 |
Deregistered - Merger |
Resigned |
Director |
0 |
|
SASOL INVESTMENT COMPANY |
1997/015867/07 |
In Business |
Resigned |
Director |
0 |
|
PORTION 2 OF ERF 5096 BRYANSTON EXT 62 |
1995/026419/23 |
In Business |
Resigned |
Member |
0 |
|
SASOL FINANCING |
1998/019838/07 |
In Business |
Resigned |
Director |
0 |
|
SASOL GAS HOLDINGS |
2000/013669/07 |
Deregistered - Merger |
Resigned |
Director |
0 |
|
SASOL SYNFUELS HOLDINGS |
2008/010562/07 |
Deregistration Final |
Resigned |
Director |
0 |
|
NATIONAL PETROLEUM REFINERS OF SOUTH AFRICA |
1967/012994/07 |
In Business |
Resigned |
Director |
0 |
ACTIVE BUSINESS INTERESTS: CHRISTIAAN BURMEISTER
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
BURMEISTER NATURAL STONE COMPANY |
2005/023381/07 |
AR Final deregistration |
Active |
Director |
0 |
|
BURCRO KITCHEN ENTERPRISE |
2005/043289/07 |
Deregistration Final |
Active |
Director |
0 |
PREVIOUS BUSINESS INTERESTS: CHRISTIAAN BURMEISTER
This principal has 3 other business interests which are not shown. If you
would like to view these other business interests, please contact support@inoxico.com for a special report
on this principal.
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
HOUERS KOÖPERATIEF BEPERK |
2001/000035/24 |
In Business |
Resigned |
Director |
0 |
|
NAMPAK METAL PACKAGING |
1992/005928/06 |
In Business |
Resigned |
Director |
0 |
ACTIVE BUSINESS INTERESTS: ERIK ELI SMUTS
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
COLLECT-A-CAN |
1976/000919/07 |
In Business |
Active |
Director |
0 |
PREVIOUS BUSINESS INTERESTS: ERIK ELI SMUTS
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
BLUE VALLEY GOLF AND COUNTRY ESTATE HOME OWNERS
ASSOCIATION |
1999/018250/08 |
In Business |
Resigned |
Director |
0 |
|
NAMPAK GLASS |
2004/035080/07 |
In Business |
Resigned |
Director |
0 |
ACTIVE BUSINESS INTERESTS: MPOLOKENG MANDISA FLEURETTE
SELEOANE
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
NAMPAK |
1968/008070/06 |
In Business |
Active |
Director |
0 |
|
LORELOGOLO CORPORATE TRAINERS |
2001/077767/23 |
AR Final deregistration |
Active |
Member |
0 |
PREVIOUS BUSINESS INTERESTS: MPOLOKENG MANDISA FLEURETTE
SELEOANE
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
DE BEERS GROUP SERVICES |
2004/025047/07 |
In Business |
Resigned |
Director |
0 |
|
ADAPT IT |
1996/006272/07 |
In Business |
Resigned |
Director |
0 |
ACTIVE BUSINESS INTERESTS: MXOLISI KHUTAMA
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
ROYAL FIRM PRODUCTIONS |
2004/025938/23 |
AR Final deregistration |
Active |
Member |
0 |
|
MYLOVEWALK MEDIA |
2010/075306/23 |
AR Final deregistration |
Active |
Member |
0 |
|
POLYOLEFIN RECYCLING COMPANY |
2011/009920/08 |
In Business |
Active |
Director |
0 |
|
COVENANT ENTERPRISES |
2015/247091/07 |
In Business |
Active |
Non-Executive Director |
0 |
|
EKASI ENERGY |
2006/164762/23 |
AR Final deregistration |
Active |
Member |
0 |
|
MOCHARTS PUBLISHING |
2006/164760/23 |
AR Final deregistration |
Active |
Member |
0 |
|
MOCHARTS MOBILE |
2006/194894/23 |
AR Final deregistration |
Active |
Member |
0 |
|
ARETE BRANDS |
2015/259768/07 |
In Business |
Active |
Non-Executive Director |
0 |
|
OCTAVE COUPLET |
2009/145098/23 |
AR Final deregistration |
Active |
Member |
0 |
|
THE IDEA-HUB |
2004/070797/23 |
AR Final deregistration |
Active |
Member |
0 |
PREVIOUS BUSINESS INTERESTS: MXOLISI KHUTAMA
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
POTLAKO ELECTROMECH SERVICES |
2003/043001/23 |
In Business |
Resigned |
Member |
0 |
|
IPASCII |
1998/042927/23 |
AR Final deregistration |
Resigned |
Member |
0 |
ACTIVE BUSINESS INTERESTS: ROBERT GEORGE MORRIS
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
NAMPAK CARTONS AND LABELS |
2003/003483/06 |
Deregistration Final |
Active |
Director |
0 |
PREVIOUS BUSINESS INTERESTS: ROBERT GEORGE MORRIS
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
TRANSPACO CORES AND TUBES |
2003/018023/07 |
In Business |
Resigned |
Director |
0 |
|
PRINTPAK |
1965/002912/06 |
Deregistration Final |
Resigned |
Director |
2 |
|
INTERPAK BOOKS |
2004/023421/07 |
AR Deregistration Process |
Resigned |
Director |
2 |
|
BELLAVISTA SCHOOL |
1973/000002/08 |
In Business |
Resigned |
Director |
0 |
Management
No principals found for this principal type.
Officer
|
Full Name |
ID No. |
Type |
Status |
DOA |
Active Interests |
Previous Interests |
Judgments |
Fraud Listing |
|
ILSE HELEN VAN LOCHEM |
6511270133085 |
Company Secretary |
Active |
01/01/2017 |
8 |
0 |
0 |
0 |
|
GERTRUIDA FREDRIKA JANSE VAN VUUREN |
7106180050088 |
Officer |
Resigned |
01/07/2006 |
0 |
0 |
0 |
0 |
|
MINNESH RAJCOOMAR |
6510085190082 |
Officer |
Resigned |
01/02/1998 |
1 |
14 |
0 |
0 |
|
SIPHO MAHLANGU |
7901055521084 |
Company Secretary |
Resigned |
01/04/2013 |
2 |
5 |
0 |
0 |
|
TIMOTHY NEILL JACOBS |
6905245133081 |
Officer |
Resigned |
03/12/2001 |
0 |
0 |
0 |
0 |
|
VERNON MATHIESON FINDLAY |
4904155580086 |
Company Secretary |
Resigned |
01/06/1987 |
0 |
0 |
0 |
0 |
ACTIVE BUSINESS INTERESTS: ILSE HELEN VAN LOCHEM
|
Company Name |
Registration No. |
Business Status |
Principal Status |
Principal Type |
Judgments |
|
MALBAK |
1946/022234/06 |
In Business |
Active |
Director |
0 |
|
NAMPAK TISSUE |
1999/000544/07 |
In Business |
Active |
Director |
0 |
|
NAMPAK LIQUID CARTONS |
1999/021863/07 |
In Business |
Active |
Director |
0 |
|
METAL BOX SOUTH AFRICA |
1919/001877/06 |
In Business |
Active |
Director |
0 |
|
NAMPAK PAPER |
1935/006974/06 |
In Business |
Active |
Director |
0 |
|
NAMPAK METAL PACKAGING |
1992/005928/06 |
In Business |
Active |
Director |
0 |
|
SOUTHERN PAPER INDUSTRIES |
1957/001454/07 |
In Business |
Active |
Director |
0 |
|
NAMPAK |
1968/008070/06 |
In Business |
Active |
Company Secretary |
0 |
Other
No principals found for this principal type.
GENERAL
COMMENTS
General
Comments The subject is in the
process of being audited.
BANK
ACCOUNT INFORMATION
BANK ACCOUNT CLIENT REQUESTED DETAILS
|
Account Reference Number |
Account Holder |
Account Number |
Bank Name |
Branch Name |
Branch Code |
Verification Status |
|
ABB143415 |
NAMPAK GLASS a Division of Nampak Products Ltd. |
020620136 |
Standard Bank (South Africa) |
SANDTON |
019205 |
Verified by Bank Code |
BANK ACCOUNTS
|
Account Reference Number |
Account Holder |
Account Number |
Bank Name |
Branch Name |
Branch Code |
Verification Status |
|
ABB126585 |
NAMPAK NMS C/A AD |
022690387 |
Standard Bank (South Africa) |
GAUTENG CENTRAL |
051001 |
Verified by Bank Code |
|
ABB115129 |
BEVCAN, a division of NAMPAK PRODUCTS Ltd |
022975063 |
Standard Bank (South Africa) |
unknown |
051001 |
Verified by Bank Code |
|
ABB115126 |
NAMPAK PRODUCTS Ltd |
072752602 |
Standard Bank (South Africa) |
PAROW |
051001 |
Verified by Bank Code |
OPERATIONAL
ACTIVITIES
|
Operational Activities Status |
The following information was provided |
|
Industry |
Manufacturing |
|
Major Industry SIC Code |
17090 - Manufacture of egg trays and other moulded
pulp packaging products etc. |
|
NACE Code |
32 - Other manufacturing |
Major
operation
|
Major Business Activities |
The subject is involved in the manufacturing and marketing of packaging, printing and paper related products. |
|
Foreign Trade Activities |
International |
|
Agencies Held |
Subject holds no agencies. |
|
Franchises Held |
The subject holds no franchises. |
|
Major Suppliers |
·
CARGO
CARRIERS · KAY INDUSTRIES ·
MALESELA VEREENIGING
· ORION FREIGHT |
|
Major Customers |
·
The Catering
Sector · The Beverage Industry ·
The
Manufacturing Sector · The Government |
|
Major Brands |
NAMPAK |
|
Major Contracts |
Subject does not operate on a contract basis. |
Export
activities
Subject Exports
|
Exports To |
To the value of |
|
Africa |
|
|
United Kingdom |
|
OPERATIONAL
FOOTPRINT
Operational Footprint
Status The following information was provided
BRANCH & PREMISES INFORMATION
|
Location |
Description/Type |
Lease Expiry Date |
|
BRYANSTON |
Office |
N/A |
|
WOODMEAD |
Office |
N/A |
EMPLOYEES
Permanent
Employees 6,678
GENERAL
COMMENTS
General Comments The subject has 28 sites in Southern Africa,
13 in Africa and 10 in the United
Kingdom. Fleet information could not be obtained.
FINANCING
TERMS
|
Sales Terms |
· 60 Days Cash · Progress Payments 90 Days · 30 Days · 45 Days |
|
Overdraft Facility |
The Subject has an overdraft facility. |
|
Overdraft Usage |
Seldom |
|
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 could
not be obtained.
FINANCIAL
FIGURES
|
Financial Year |
2017 |
2016 |
|
Currency |
ZAR |
ZAR |
|
Actual numbers, 000' or mio |
Millions
('000,000) |
Millions
('000,000) |
|
Source |
Audited
Financial Statements |
Audited
Financial Statements |
INCOME STATEMENT
|
Turnover/Revenue |
18,822 |
19,139 |
|
Operating Profit |
961 |
2,163 |
|
Net Profit |
356 |
1,478 |
BALANCE SHEET
|
Fixed Assets |
14,955 |
15,389 |
|
Property, Plant & Equipment |
10,151 |
10,573 |
|
Current Assets |
10,275 |
8,715 |
|
Inventory |
3,980 |
3,377 |
|
Account Receivable |
3,010 |
3,101 |
|
Cash |
2,385 |
2,218 |
|
Total Assets |
25,230 |
24,104 |
|
Current Liabilities |
7,624 |
6,334 |
|
Accounts Payable |
4,406 |
4,669 |
|
Overdraft |
2,554 |
993 |
|
Long Term Liabilities |
7,924 |
8,325 |
|
Loans |
6,007 |
6,202 |
|
Total Liabilities |
155,488 |
146,593 |
|
Equity |
9,681 |
9,444 |
|
Share Capital |
36 |
36 |
|
Retained Earnings |
9,477 |
9,238 |
|
Total Equity and Liabilites |
25,230 |
24,104 |
FINANCIAL RATIOS
|
Operating Profit Margin |
5.0% |
11.0% |
|
Current Ratio |
1.3 |
1.4 |
|
Acid Test Ratio |
0.8 |
0.8 |
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 |
||
|
TR180410311 |
10/04/2018 |
Neutral |
30 Days (30 Days) |
100,000 (50,000) (ZAR) |
2013 |
50% |
50% |
|
No |
This is a good account. |
|
TR180410309 |
10/04/2018 |
N/A |
|
|
|
|
100% |
|
|
Awaiting response |
|
TR180410306 |
10/04/2018 |
Neutral |
30 Days (30 Days) |
Confidential (Confidential) |
2003 |
50% |
50% |
|
Yes |
This is a good account. |
|
TR180410303 |
10/04/2018 |
N/A |
|
|
|
|
75% |
50% |
|
Awaiting response |
|
TR180410302 |
10/04/2018 |
Neutral |
30 Days (30 Days) |
Open Account (10,000) (ZAR) |
2015 |
50% |
|
|
Unknown |
This is a good account. |
|
TR180208100 |
08/02/2018 |
N/A |
|
|
|
|
100% |
|
|
Company policy not to provide trade references |
|
TR18020887 |
08/02/2018 |
N/A |
|
|
|
|
100% |
|
|
Relevant person unavailable |
|
TR18020876 |
08/02/2018 |
Neutral |
30 Days (30 Days) |
Confidential (Confidential) |
2008 |
50% |
|
|
Yes |
This is a good account. |
|
TR18020870 |
08/02/2018 |
N/A |
|
|
|
|
|
|
|
Company policy not to provide trade references |
|
TR18020866 |
08/02/2018 |
N/A |
|
|
|
|
|
100% |
|
Awaiting response |
|
TR18020862 |
08/02/2018 |
N/A |
|
|
|
|
50% |
100% |
|
Company policy not to provide trade references |
|
TR18020846 |
08/02/2018 |
N/A |
|
|
|
|
|
|
|
Number rings unanswered |
|
TR18020844 |
08/02/2018 |
Neutral |
45 Days (45 Days) |
Confidential (500,000) (ZAR) |
2016 |
50% |
|
|
Unknown |
This is a good account. |
|
TR18020840 |
08/02/2018 |
N/A |
|
|
|
|
|
|
|
Company policy not to provide trade references |
|
TR18020837 |
08/02/2018 |
N/A |
|
|
|
100% |
|
|
|
Dormant account |
|
TR18011797 |
17/01/2018 |
N/A |
|
|
|
|
|
|
|
Awaiting response |
|
TR18011786 |
17/01/2018 |
Positive |
30 Days (30 Days) |
Open Account (250,000) (ZAR) |
2006 |
100% |
|
|
Unknown |
This is an excellent account. |
|
TR18011783 |
17/01/2018 |
Positive |
30 Days (30 Days) |
15,000,000 (2,500,000) (ZAR) |
1997 |
100% |
|
|
Yes |
This is an excellent account. |
|
LTR15110618 |
06/11/2015 |
Positive |
30 days (30 Days) |
Confidential (Confidential) |
2010 |
|
|
100% |
Unknown |
This is an excellent account. |
|
LTR15110619 |
06/11/2015 |
N/A |
|
|
|
|
|
|
|
Relevant person unavailable |
|
LTR15110615 |
06/11/2015 |
N/A |
|
|
|
|
|
|
|
Number rings unanswered |
|
LTR15110616 |
06/11/2015 |
N/A |
|
|
|
|
|
|
|
Company policy not to provide trade references |
|
LTR15091037 |
10/09/2015 |
N/A |
|
|
|
|
|
|
|
Company policy not to provide trade references |
TRADE REFERENCE ANALYTICS
|
Number of valid Trade References |
22 |
|
Overall Trade Score |
73% |
|
Average Usage of Terms |
100% |
|
Average Monthly Purchase |
2,197,143 ZAR |
|
Average Usage of Credit Limit |
47% |
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 65.22 |
|
|
1 |
INR 92.77 |
|
Euro |
1 |
INR 80.34 |
|
ZAR |
1 |
INR 5.40 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
TPT |
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.