MIRA INFORM REPORT

Report Date :

29.06.2012

IDENTIFICATION DETAILS

Name :	MASONITE COMPONENTS
Formerly Known As :	MASONITE IRELAND RESEARCH
Registered Office :	6th Floor South Bank House Barrow St 216410
Country :	Ireland
Date of Incorporation :	22.05.1997
Legal Form :	Private unlimited with Share Capital
Line of Business :	Leading Door Supplier
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ca

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Moderate
Payment Behaviour :	Unknown
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 – March 31^st, 2012

Country Name	Previous Rating (31.12.2011)	Current Rating (31.03.2012)
Ireland	A2	A2

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

REGISTERED NAME & COMPANY SUMMARY

MASONITE COMPONENTS

IE266750

Company Name	MASONITE COMPONENTS	Company Number	IE266750
Registered Address	6TH FLOOR	Sales and Marketing Department	Drumsna, Carrick-On-Shannon Co Leitrin, Ireland
	SOUTH BANK HOUSE
	BARROW ST
	216410
Website Address	-
Telephone Number		Fax Number
TPS	No	FPS	No
Incorporation Date	22/05/1997	Company Status	Financial Statements not filed / too old
Previous Name	MASONITE IRELAND RESEARCH	Type	Private unlimited with Share Capital
Date of Change	-	Filing Date of Accounts	-
		Share Capital	€2
SIC03	7484	Currency	USD
SIC03 Description
SIC07
SIC07 Description
Principal Activity	Leading Door Supplier

DIRECTORS/MANAGEMENT

Current Directors

Name	BRIAN CHAPLES	Date of Birth	17/02/1968
Officers Title		Nationality
Present Appointments	3	Function	Director
Appointment Date	07/05/2008
Address	17805 SIMMS ROAD,  ODESSA,  FL 33556-4728,
Other Actions	View Director Report
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	CORMAC KEARNS	Date of Birth	22/10/1967
Officers Title		Nationality
Present Appointments	4	Function	Director
Appointment Date	17/12/2002
Address	BALLYSUMAGHAN,  BALLINTOGHER,  CO SLIGO,

Previous Director/Company Secretaries

Name	Current Directorships	Previous Directorships
BRADWELL LIMITED	1008	576
DERMOT CURRAN	63	49
JAMES HOEY	0	11
KEVIN HOY	8	8
MANCO SNAPP	0	3
JAMES URBAN MORRISON III	1	7
SHARON RYAN	0	4
MHC CORPORATE SERVICES LIMITED	209	98
ROBERT VERNON TUBBESING	2	3
DECLAN MOYLAN	16	12
HARLEY ULSTER	0	4
JOHN MCGOEY	0	3
JAMES GERARD HOEY	0	5
CAROL LOUISE BUTLER	0	4
JAMES URBAN MORRISON III	1	7
PETER GREGG HEIST	0	4
ROSE MURPHY	0	4

NEGATIVE INFORMATION

MASONITE COMPONENTS

IE266750

Unregistered - Exact CJ Details

No CJs found

Unregistered - Possible CJ Details

No CJs found

Registered - Exact CJ Details

No CJs found

Registered - Possible CJ Details

No CJs found

Mortgage Details

Mortgage Type:	A charge on uncalled share capital of the company. A charge created or evidenced by an instrument wh
Date Charge Created:	06/04/05
Date Charge Registered:	26/04/05
Date Charge Satisfied:	-
Status:	NOT SATISFIED
Person(s) Entitled:	THE BANK OF NOVA SCOTIA (THE "COLLATERAL AGENT" WHICH TERM INCLUDES ITS SUCCESSORS AND ASSIGNS)
Amount Secured:
Details:	The payment or discharge of each of the Secured Obligations at the time and in the manner provided in the relevant Credit Document for their payment or discharge by the relevant Credit Party. Defined terms have the meanings given to them in the Annex attached to form C1

SHARE & SHARE CAPITAL INFORMATION

Share Capital

€2

Top 20 Shareholders

Name	Individual Share Value
MASONITE IRELAND	1,999 ORDINARY USD 0.001
CROWN DOOR CORP	1 ORDINARY USD 0.001
3061275 NOVA SCOTIA CO	1 ORDINARY USD 0.001

PAYMENT INFORMATION

Payment Information Summary

Days Beyond Terms

Trend Indicator

Average Payment Experience

Company DBT

UK Average DBT

Steady

Improving Worsening

Be the first to leave a payment experience
for this company

Within Terms 91+ Days

GROUP STRUCTURE & AFFILIATED COMPANIES

Na

FINANCIAL INFORMATION

Key Financials

No key Financials Registered

MASONITE COMPONENTS

IE266750

FOREIGN EXCHANGE RATES

Na

ADDITIONAL INFORMATION

Incorporation Date	22/05/1997
Previous Name	MASONITE IRELAND RESEARCH
Date of Change	-
SIC03	7484
SIC03 Description
SIC07
SIC07 Description
Principal Activity

Current Company Secretary

Name	MHC CORPORATE SERVICES LIMITED	Date of Birth	15/07/1998
Officers Title		Nationality
Present Appointments	201	Function	Company Secretary
Appointment Date	21/12/2001
Address	6TH FLOOR,  SOUTH BANK HOUSE,  BARROW STREET,
Other Actions
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	ROSE MURPHY	Date of Birth	-
Officers Title		Nationality
Present Appointments	4	Function	Company Secretary
Appointment Date	01/03/2006
Address	1114 SOUTH MOODY AVENUE,  TAMPA,  FL 33629,

Previous Company Names

Date	Previous Name	Companies House Documents
N/A	MASONITE IRELAND RESEARCH	View Document

NOTES & COMMENTS

Na

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.56.92
UK Pound	1	Rs.88.91
Euro	1	Rs.71.25

INFORMATION DETAILS

Report Prepared by :

PRL

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.