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Companies COASTAL CORP
COASTAL CORP
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Business Summary
COASTAL CORP is an Close Corporation business incorporated in South Africa on November 9, 2004. Their business is recorded as In Business. The activity is registered as PROPERTY INVESTMENT HOLDING COMPANY AND RELATED SERVICES. It is not part of a group. The company has no filed accounts. The company was incorporated 20 years ago.
Business informations
Name
COASTAL CORP
Identification number:
2004-116444-23
-
Type
Close Corporation
Status
In Business
Status History
-
Standard Industrial Classification
PROPERTY INVESTMENT HOLDING COMPANY AND RELATED SERVICES
Area Code
021
Telephone number
9358000
Register date
09/11/2004
Address
23 CLEMENT WAYBERGVLIETCAPE TOWN 7945
Postal Address
23 CLEMENT WAYBERGVLIETCAPE TOWN 7945
*Our website contains only public informations on companies from South Africa .
Type informations
Since May 1, 2011, it has been impossible to incorporate a new close corporation in South Africa. There are, however, still hundreds of thousands of close corporations in existence. They are regulated chiefly by the Close Corporations Act.
A close corporation is a juristic person distinct from its members. It enjoys perpetual succession, and its members have limited liability. It has the capacity and the powers of a natural person, and is encumbered by a minimal number of formalities. It may be formed by a single person. It does not deal in shares and share capital; instead, there are "members' interests," which are determined as a percentage of ownership.
There are, with close corporations, no strict rules relating to the maintenance of capital, and they also enjoy flexibility in the arrangement of their internal relationships. There are no directors: All members have an equal say, but they carry the risk of personal liability. The fiduciary duties and duties of care and skill are codified, and the accounting and disclosure provisions are less extensive for a close corporation than for, say, a public company.
A close corporation is a juristic person distinct from its members. It enjoys perpetual succession, and its members have limited liability. It has the capacity and the powers of a natural person, and is encumbered by a minimal number of formalities. It may be formed by a single person. It does not deal in shares and share capital; instead, there are "members' interests," which are determined as a percentage of ownership.
There are, with close corporations, no strict rules relating to the maintenance of capital, and they also enjoy flexibility in the arrangement of their internal relationships. There are no directors: All members have an equal say, but they carry the risk of personal liability. The fiduciary duties and duties of care and skill are codified, and the accounting and disclosure provisions are less extensive for a close corporation than for, say, a public company.
Key Financials
Key Financials are not available as COASTAL CORP has not filed accounts. Accounts are required to be filed on or before 20/09/2013.
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Directors and Secretaries
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| Current Officer Name | Appointed |
| Mr Jack Roswald | 2014-06-31 |
| Mr Jim Taylor | 2013-06-31 |
| Mr Sam Ronald | 2012-06-31 |
Company Documents
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| Document Type | Date Filed |
| AR01 Annual Retur | 2014-03-31 |
| AD01 Change of registered office address | 2013-12-31 |
| AD01 Change of registered office address | 2013-06-31 |
| SH01 Return of Allotment of shares | 2012-04-31 |
| NEWINC New Incorporation documents. | 2011-03-31 |
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