Is the business VAT Registered?
YES, the business is VAT Registered
What VAT documentation is on file?
Each bi-monthly returns as requested by SARS
Are there up-to-date Management Accounts available?
Yes, Management Accounts are available.
What Balance Sheet and Income Statements are available?
Annual Financial Statements for the period ending February 2018
What percentage of the business is cash/credit?
All purchases is done on cash basis. Invoice to customers is payable on presentation.
What is the age analysis of the debtors book?
Strictly 30 days credit.
The debtors book is well managed.
How could the profitability of the business be improved?
The profitability of the Business could be improved by displaying at Expos, Shopping Malls and media advertising.
Is Seller finance available and for what amount?
Seller finance is not available.