MIRA INFORM REPORT

Report Date :

05.12.2013

IDENTIFICATION DETAILS

Name :	ACTIVO HEALTH (PTY)LTD

Registered Office :	147 Garstfontein Roadal Phen Park Pretoria 0081

Country :	South Africa

Date of Incorporation :	15.05.2009

Com. Reg. No.:	M2009/009541/07

Legal Form :	Private Company

Line of Business :	manufacturer of generic and OTC medicine as well as complementary nutraceutical products

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		TATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

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 – September 30th, 2013

Country Name

Previous Rating

(30.06.2013)

Current Rating

(30.09.2013)

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	ACTIVO HEALTH(PTY)LTD
Country	SOUTH AFRICA
Enquiry Terms	30 Days
Account Review	Recommended Every 6 Months
Subject Contact Person	Unavailable
Assessment	On investigation attempts made to contact the subject proved unsuccessful. We have been unable to contact the number 0124609919 as it remains unanswered and no other contact details were found. Should our client be able to provide us with any further information that may assist with contacting the subject, please advise soonest. Further investigations will then be instituted. At present we do not possess sufficient information to compile an assessment.

Auditors information

Company Registered Name	WILLEM VAN DER VYVER
Postal Address	68 SUIKERBEKKIE STREET, ROOIHUISKRAAL, CENTURION, 0154
Practice Number	14610
No of years in Business	Unknown
Company Registered Name	ACC AUDIT INC
Postal Address	POSBUS 74772, LYNNWOODRIF, 0040

Previous Auditors Information - No Information on Record

Tax information

Vat Number	4860253626
Status	ACTIVE
Vat Liable Date	2009/09/01
Tax Number	9142719179
Financial Year End	February

Black Economic Empowerment Information - No Information on Record

ISO Information - No Information on Record

Work Mans Information - No Information on Record

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	STEPHANUS ESAIAS CLAASSEN

1	Director	JOHN PATRICK FRANCIS MARTIN

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

Business Rescue - 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	2
Average Age of Active Principals	48

Active Principals Principal - 1 of 2 STEPHANUS CLAASSEN

Surname	CLAASSEN
First Name	STEPHANUS
Other Names	ESAIAS
ID Number	6605215071085
Verified ID Number	Yes
Current Age	47 Years 7 Months
Designation	DIRECTOR
Status	Active
Appointment Date	2012/05/31
Physical Address (at time of Appointment)	8 MARLBOROUGH PLACE MIDSTREAM ESTATE CENTURION 1962
Postal Address	POSTNET SUITE 747 PRIVATE BAG X1007 PRIVATE BAG X1007 LYTTLETON 0140
Current Tel Number	0124609919
Cell number	0825501030
Shareholding/Membership	0.00

Principal's Adverse - No information on record

Business Information for STEPHANUS CLAASSEN

Principal Current Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
ACTIVO HEALTH (PTY)LTD	M2009/009541/07	In Business	4 Years 4 Months	0	No

Principal Previous Business Interests

Average Age of Previous Business 16 Years

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
MIRACLES HAPPEN FASHIONS CC	B1997/059862/23	Deregistration Final	16 Years 4 Months	0	No

Principal Deeds Information

Property Interests for STEPHANUS CLAASSEN

Title Deed No.	T79455/2002	Erf/Site No.
Deeds Office	PRETORIA	Physical Address	21 KITTYHAWK PIERRE VAN RYNEVELD CENTURION
Property Type	Freehold	Extent / Size	1195.0SQM
Purchase Date	2002/02/04	Purchase price
% Ownership	0.00	Bond Holder	NEDCOR BANK LTD
Bond Number	B560672002	Bond Amount
*Property Interests for STEPHANUS CLAASSEN*
Title Deed No.	T35509/2010	Erf/Site No.
Deeds Office	PRETORIA	Physical Address	8 MARLBOROUGH MIDSTREAM ESTATE OLIFANTSFONTEIN
Property Type	Freehold	Extent / Size	1198.0SQM
Purchase Date	2010/03/12	Purchase price
% Ownership	0.00	Bond Holder	INVESTEC BANK LTD
Bond Number	B225342010	Bond Amount
*Property Interests for STEPHANUS CLAASSEN*
Title Deed No.	ST163226/2004	Erf/Site No.	540
Deeds Office	PRETORIA	Physical Address	68 SOUTH DIE HOEWES CENTURION
Property Type	Sectional Title	Extent / Size	116.0SQM
Purchase Date	2004/04/02	Purchase price
% Ownership	0.00	Bond Holder	STANDARD BANK OF SOUTH AFRICA L
Bond Number	SB1416812004	Bond Amount

Principal - 2 of 2 JOHN MARTIN

Surname	MARTIN
First Name	JOHN
Other Names	PATRICK
ID Number	6411295065083
Verified ID Number	Yes
Current Age	49 Years 1 Months
Designation	DIRECTOR
Status	Active
Appointment Date	2009/05/15
Physical Address (at time of Appointment)	13 2ND AVENUE LINDEND JOHANNESBURG GAUTENG 2195
Postal Address	13 2ND AVENUE LINDEN JOHANNESBURG GAUTENG 2195
Current Tel Number	0124609919
Cell number	0836461807
Shareholding/Membership	0.00

Principal's Adverse - No information on record

Business Information for JOHN MARTIN

Principal Current Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
ACTIVO HEALTH (PTY)LTD	M2009/009541/07	In Business	4 Years 4 Months	0	No
RETAIL-MADE-EZI (PTY)LTD	M2010/007660/07	In Business	3 Years 3 Months	0	No

Principal Previous Business Interests

Average Age of Previous Business 10 Years

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
HI FLY AFRICA TYRES (PTY)LTD	M2008/008052/07	In Business	5 Years 5 Months	0	No
MEZZO-MARTHIE PROPERTY HOLDINGS CC	B1995/047047/23	Deregistration Final	18 Years 6 Months	0	No
SMART-TRAC CC	B1995/006081/23	Deregistration Final	18 Years 6 Months	0	No
TENDAHEALTH (PTY)LTD	K2012/105834/07	In Business	1 Years 1 Months	0	No

Principal Deeds Information

Property Interests for JOHN MARTIN

Title Deed No.	T26518/1997	Erf/Site No.	0
Deeds Office	PRETORIA	Physical Address	99 5TH LINDEN RANDBURG
Property Type	Freehold	Extent / Size	1487SQM
Purchase Date	1996/08/28	Purchase price
% Ownership	0.00	Bond Holder	FIRST NATIONAL BANK
Bond Number	B239071997	Bond Amount

Property Interests for JOHN MARTIN

Title Deed No.	ST54218/2008	Erf/Site No.	844,0
Deeds Office	PRETORIA	Physical Address	339 KENT FERNDALE RANDBURG
Property Type	Sectional Title	Extent / Size	54.0SQM
Purchase Date	2007/10/19	Purchase price
% Ownership	0.00	Bond Holder	INVESTEC BANK LTD
Bond Number	B1191892007	Bond Amount

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.62.33
UK Pound	1	Rs.102.18
Euro	1	Rs.84.68

INFORMATION DETAILS

Report Prepared by :

MNL

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	ACTIVO HEALTH (PTY)LTD
Trading as/ Division Name	ACTIVO HEALTH
Previous Name	None
Date of Name Change	None
Registration Number	M2009/009541/07
Registration Date	2009/05/15
Date Commenced Trading	2009-05-15
Age of Business	4 Years 7 Months
History of Business	The subject was established in 2009
History of Principals	There are 2 principles within the subject
Shareholders/Members/Partners of subject and % holding	Unavailable
Authorised Share Capital	R1000.00
Issued Share Capital/Members Contribution	R 100.00
Status	In Business
Operations Assessment	The subjects main operation is to manufacture generic and OTC medicine as well as complementary nutraceutical products.
Industry/ Customers	Pharmaceutical Industry
Major Industry Code / SICC	62311
Definition of Code	RETAIL OF NON-PRESCRIBED MEDICINES AND PHARMACEUTICAL PRODUCTS OTHER THAN BY PHARMACISTS
Head Office Physical Address	147 Garstfontein RoadAL PHEN PARK PRETORIA0081
Head Office Postal Address	PO Box 11911 ZWARTKOP0051
Current Tel Number	0124609919
Cell Number	None
Current Fax Number	0866195833
Current Email Address	Unavailable
Web Site Address	www.activo.co.za