MIRA INFORM REPORT

Report Date :

01.08.2013

IDENTIFICATION DETAILS

Name :	KOFFIEPAULSA TRADINGS (PTY) LTD

Registered Office :	334 TULISA PARK, ALBERTON, JOHANNESBURG, GAUTENG, 2001

Country :	South Africa

Date of Incorporation :	24.05.2013

Com. Reg. No.:	K2013/085191/07

Legal Form :	Private Company

Line of Business :	Wholesale trade in agricultural raw materials and livestock

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

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,2013

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

South Africa

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	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 the 15th largest in the world. Even though the country possesses modern infrastructure that support a relatively efficient distribution of goods to major urban centers throughout the region, some components retard growth. The economy began to slow in the second half of 2007 due to an electricity crisis. State power supplier Eskom encountered problems with aging plants and meeting electricity demand necessitating "load-shedding" cuts in 2007 and 2008 to residents and businesses in the major cities. Subsequently, the global financial crisis reduced commodity prices and world demand. GDP fell nearly 2% in 2009 but has recovered since then. Unemployment, poverty, and inequality remain a challenge, with official unemployment at nearly 25% of the work force. State power supplier Eskom has built two new power stations and installed new power demand management programs to improve power grid reliability. South Africa's economic policy has focused on controlling inflation, however, the country has had significant budget deficits that restrict its ability to deal with pressing economic problems. The current government faces growing pressure from special interest groups to use state-owned enterprises to deliver basic services to low-income areas and to increase job growth.

Source : CIA

Subject Name	KOFFIEPAULSA TRADINGS (PTY) LTD
Country	South Africa
Subject Contact Person	PAUL KOFFI - Director
Assessment	On investigation contact was made with PAUL KOFFI who declined to provide all of the required information. He stated that he has no interest in providing information unless the identity of the principal enquirer is made available. Please see the available information below.

Company Structure

Subsidiaries Information - No Information on Record

Employees Information - No Information on Record

Company Fleet Information - No Information on Record

Offices Information - No Information on Record

Branch Information - No Information on Record

Management Overview

Organisation Chart

Level	Position	Name	Comment

1	Director	PAUL KOFFI

Company Structure Information - No Information on Record

Note: One level up and all levels down

Key Deals - No Information on Record

Trade References Information - No Information on Record

Adverse Information on Subject

Judgements - No information on record

BusinessRescue - No Information on Record

Default Listing - No information on record

Notarial Bonds - No information on record

Bank Information - No information on record

Bank Code History - No information on record

Previous Bank Account Information - No information on record

Deeds Information - No information on record

Principals

Number of Principals	1
Average Age of Active Principals	34
Active Principals Principal - 1of 1 PAUL KOFFI
Surname	KOFFI
First Name	PAUL
Other Names	Unavailable
Marital Status
ID Number	1031362
Verified ID Number	No
Current Age	33 Years 7 Months
Designation	Director
Status	Active
Appointment Date	2013/05/24
Physical Address (at time of Appointment)	334 TULISA PARK, ALBERTON, JOHANNESBURG, GAUTENG, 1448
Postal Address	334 TULISA PARK, ALBERTON, JOHANNESBURG, GAUTENG, 1448
Current Tel Number	Unavailable
Cell number	0784045291
Shareholding/Membership	0.00

Business Information forPAUL KOFFI

Principal Current Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
KOFFIEPAULSA TRADINGS (PTY) LTD	K2013/085191/07	In Business	0	0	No

Principal's Previous Business Interests - No information on record

Principal's Deeds Information - No information on record

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.11
UK Pound	1	Rs.92.97
Euro	1	Rs.80.93

INFORMATION DETAILS

Report Prepared by :

SDA

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.

Registered Name	KOFFIEPAULSA TRADINGS (PTY) LTD
Trading as/ Division Name	KOFFIEPAULSA TRADINGS
Previous Name	Unavailable
Date of Name Change	Unavailable
Registration Number	K2013/085191/07
Registration Date	2013/05/24
Date Commenced Trading	2005
Age of Business	2 Months
History of Business	The subject was initially established in 2005, further information was not made available.
History of Principals	There is 1 active director within the company.
Shareholders/Members/Partners of subject and % holding	Unavailable
Authorised Share Capital	R0.00
Issued Share Capital/Members Contribution	R0.00
Status	In Business
Operations Assessment	The subject operates as a supplier of naturally sourced agricultural products.
Industry/ Customers	General retailers and wholesalers.
Export	Yes
Import	Unknown
Major Industry Code / SICC	61210
Definition of Code	Wholesale trade in agricultural raw materials and livestock
Head Office Physical Address	334 TULISA PARK, ALBERTON, JOHANNESBURG, GAUTENG, 2001
Head Office Postal Address	334 TULISA PARK, ALBERTON, JOHANNESBURG, GAUTENG, 2001
Current Tel Number	Unavailable
Cell Number	0784045291
Current Fax Number	Unavailable
Current Email Address	Unavailable
Web Site Address	www. kof f ie pau Isa. 21 f ood. com
Comments

MIRA INFORM REPORT

Company Information

Company Structure

Management Overview

Adverse Information on Subject

Principals

Unit