MIRA INFORM REPORT

Report Date :

29.09.2011

IDENTIFICATION DETAILS

Name :	MONTEFIORE TRADING LIMITED

Registered Office :	7th Floorhume Houseballsbridgedublin 4, Post Code 216410

Country :	Ireland

Financials (as on) :	31.12.2009

Date of Incorporation :	03.09.1991

Com. Reg. No.:	IE178302

Legal Form :	Private limited by shares

Line of Business :	----

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

Status :	Dormant

Payment Behaviour :	Unknown

Litigation :	----

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 – March 31^st, 2011

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

Ireland

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

REGISTERED NAME & COMPANY SUMMARY

Company Summary

Company Summary
Company Name	MONTEFIORE TRADING LIMITED
Company Number	IE178302
Telephone Number
Address	7TH FLOOR, HUME HOUSE, BALLSBRIDGE, DUBLIN 4
Town Code	216410
Company Type	PRIVATE LIMITED BY SHARES
Incorporation Date	03/09/1991

Company Information

Address Information
Company Name	MONTEFIORE TRADING LIMITED
Company Number	IE178302
Registered Office Address	7TH FLOORHUME HOUSEBALLSBRIDGEDUBLIN 4
Registered Office Post Code	216410
Registered Telephone No.
TPS Registered	N
Trading Address
Trading Postal Code
Trading Telephone Number
TPS Registered

CREDIT RECOMENDATION

Current Credit Limit: 0 (€)

DIRECTORS/MANAGEMENT

Director Summary
Directorships	4
Total Directorships	38

Directors

Director
Directors Title
Name of Director	MARCEL WIDMER
Address of Director	VIA SOTTOCHIESA 11, CH-6808, TORICELLA, SWITZERLAND
Postcode of Director
Date of Birth	07/02/1961
Nationality of Director
Director Honours
Present Appointments	1
Function	Director
Appointment Date	08/04/2010

Director
Directors Title
Name of Director	FREDA O'SHEA
Address of Director	SETANTA,, GAULTRIMSLAND,, RIVERSTOWN,, DUNDALK,, CO. LOUTH.
Postcode of Director
Date of Birth	12/05/1966
Nationality of Director
Director Honours
Present Appointments	36
Function	Director
Appointment Date	17/04/2001

Director
Directors Title
Name of Director	CORPORATE SECRETARIES LIMITED
Address of Director	7TH FLOOR, HUME HOUSE, BALLSBRIDGE, DUBLIN 4
Postcode of Director
Date of Birth	05/12/1990
Nationality of Director
Director Honours
Present Appointments	0
Function	Company Secretary
Appointment Date	01/06/2001

Director
Directors Title
Name of Director	JOEL BLUMENBERG
Address of Director	MANNESTRASSE 26, TEL AVIV, ISRAEL
Postcode of Director
Date of Birth	15/08/1961
Nationality of Director
Director Honours
Present Appointments	1
Function	Director
Appointment Date	19/04/1993

NEGATIVE INFORMATION

CCJ Summary

CCJ Summary
CCJ's Amount	0
CCJ's Value (€)	0
Writs	0

SHARE & SHARE CAPITAL INFORMATION

Shareholders information
Shares Held	-
Currency of Share

Name of Shareholder
Nominal Value of each Share
Currency of Share

PAYMENT INFORMATION

Record of Payments

No record of payments for company.

GROUP STRUCTURE & AFFILIATED COMPANIES

Group Structure

No Group Structure for this company.

FINANCIAL INFORMATION

Financial Information
Date	31/12/2009	%	31/12/2008	%	31/12/2007
Currency	NaN		NaN		NaN
Turnover	0	-	0	-100.0%	12,500
Shareholder Equity	0	-	0	-100.0%	23,122
Number of employees	0	-	0	-	0

Accounts & Ratios

Period
Date From	01/01/2009	%	02/01/2008	%	01/01/2007
Date To	31/12/2009	-	31/12/2008	-	31/12/2007
Period of Month	12	-	12	-	12
Currency	EUR	-	EUR	-	EUR
Profit & Loss
Consolidated Accounts	N	-	N	-	N
Turnover	0	-	0	-100.0%	12,500
Export	-	-	-	-	-
Cost of Sales	-	-	-	-	-
Gross Profit	-	-	-	-	-
Operating Profit	-	-	-	-	-
Pre-Tax Profit	0	-	0	-100.0%	1,819
Tax	-	-	-	-	0
Post-Tax Profit	-	-	-	-	1,819
Dividends	-	-	-	-	0
Retained Profit	-	-	-	-	1,819
Interest Payable	-	-	-	-	0
Directors Remuneration	-	-	-	-	2,727
Wages & Salaries	0	-	0	-	0
Depreciation of Tangibles	-	-	-	-	0
Auditor Fees	-	-	-	-	7,000

Capitals & Reserves
Called up Share Capital	0	-	0	-100.0%	17,165
P&L Account Reserve	0	-	0	-100.0%	5,957
Sundry Reserves	0	-	0	-	0
Revaluation Reserve	0	-	0	-	0
Shareholder Funds	0	-	0	-100.0%	23,122
Net Worth	0	-	0	-100.0%	23,122

Miscellaneous
Net Cashflow from Operations	0	-	0	-	0
Net Cashflow before Financing	0	-	0	-	0
Net Cashflow from Financing	0	-	0	-	0
Capital Employed	0	-	0	-100.0%	23,122
No of Employees	0	-	0	-	0

Balance Sheet
Tangible Assets	0	-	0	-	0
Intangible Assets	0	-	0	-	0
Total Fixed Assets	0	-	0	-	0
Stocks & Work-in-Progress	0	-	0	-	0
Debtors
- Trade Debtors	0	-	0	-100.0%	33,893
Cash	0	-	0	-	0
Misc. Current Assets	0	-	0	-	0
Total Current Assets
Creditors
- Trade Creditors	0	-	0	-	0
- Bank Overdraft	0	-	0	-	0
Increase in Cash	0	-	0	-	0
Total Current Liabilities	0	-	0	-100.0%	10,771
Other Short Term Loans	0	-	0	-100.0%	3,771
Miscellaneous Current Liabilities	0	-	0	-100.0%	7,000
Other Long Term Finance	0	-	0	-	0
Total Long Term Liabilities	0	-	0	-	0
Overdraft Long Term Liabilities	0	-	0	-	0
Liabilities	0	-	0	-100.0%	10,771
Net Assets	0	-	0	-100.0%	23,122
Working Captial	0	-	0	-100.0%	23,122
Current Assets	0	-	0	-100.0%	33,893
Other Current Assets	0	-	0	-	0

Ratios
Date To	31/12/2009	%	31/12/2008	%	31/12/2007
Trading Performance
Pre-Tax Profit Margin	0.0%	-	0.0%	-	14.6 %
Return on Capital Employed	0.0%	-	0.0%	-	7.9 %
Return on Total Assets Employed	0.0%	-	0.0%	-	5.4 %
Return on Net Assets Employed	0.0%	-	0.0%	-	7.9 %
Sales/Net Working Capital	0.00	-	0.00	-	0.54
Operating Efficiency
Stock Turnover Ratio	0.0%	-	0.0%	-	0.0%
Debtor Days	0.00	-	0.00	-	989.68
Creditor Days	0.00	-	0.00	-	0.00
Short Term Stability
Current Ratio	0.00	-	0.00	-	3.15
Liquidity Ratio/Acid Ratio	0.00	-	0.00	-	3.14
Current Debt Ratio	0.0%	-	0.0%	-	0.5 %
Long Term Stability
Gearing	0.0%	-	0.0%	-	0.0 %
Equity in Percentage	0.0%	-	0.0%	-	68.2 %
Total Debt Ratio	0.0%	-	0.0%	-	0.5 %

FOREIGN EXCHANGE RATES

ADDITIONAL INFORMATION

Auditor/Banker's Information
Auditor Name	RAJ NAIR
Auditor Qualification	No Adverse Comments
Banker Name
Banker Sort Code
Other Information
Website Address
Incorporation Date	03/09/1991
Company Type	PRIVATE LIMITED BY SHARES
Type of Accounts	Dormant
Date of Latest Accounts	31/12/2009
Filing Date of Accounts
Annual Return Date	30/09/2009

Industry Information
Industry Description	The company did not trade during y/e 31.12.09.

Mortgage Information
Mortgages(s) Outstanding	0
Mortgages(s) Satisfied	0

Mortgage Type
Date Charge Created
Date Charge Registered
Date Charge Satisfied
Status
Person(s) Entitled
Amount Secured
Details

Company History

Event History
Date	Description
19/01/2011	Annual Returns
01/11/2010	New Accounts Filed
26/10/2010	Annual Returns
08/04/2010	FREDDY JEAN-CLAUDE BERNARDEAU has left the board
08/04/2010	New Board Member (MARCEL WIDMER) appointed
09/09/2009	New Accounts Filed
03/09/2009	Annual Returns
17/12/2008	New Accounts Filed
11/12/2008	New Accounts Filed
02/12/2008	Annual Returns
30/11/2008	Annual Returns

Status History
No status history for this company.

Image Accounts

Accounts Images
31-12-2009
31-12-2008
31-12-2007

Returns Images
06-01-2011
31-12-2009
31-12-2008
31-12-2007
31-12-2007

Other Images
27-04-2010	B10 CHANGE IN DIRS/SEC

NOTES & COMMENTS

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.48.91
UK Pound	1	Rs.76.53
Euro	1	Rs.66.43

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.