MIRA INFORM REPORT

Report Date :

19.06.2014

IDENTIFICATION DETAILS

Name :	BITE REPRO HOUSE CC

Registered Office :	9 Barron Street, Woodstock, 7925

Country :	South Africa

Date of Incorporation :	20.11.1996

Com. Reg. No.:	B1996/058235/23

Legal Form :	Private Company

Line of Business :	· Engaged in printing and reproduction · Engaged in design, printing and installation of many unique indoor and outdoor exhibitions. · Subject offers photographers, authors, artists, designers, museums, publishers and gallery owners the expertise and innovation to guarantee international standards in print. · Subject delivers the benefit of advanced experience in every aspect of the process, from tailored typesetting to specialised book binding and from the largest format printing to the finest attention to detail. Subject range of services include: · Digital Scanning · Exhibition Displays · Large Format Graphics · Reproduction · Design & Retouching · Books & Catalogues · Fine Art Printing

No of Employees :	77

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Status :	Satisfactory

Payment Behaviour :	No Complaints

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, 2014

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

South Africa

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderate Low Risk	B1
Moderate Risk	B2
Moderate High Risk	C1
High Risk	C2
Very High Risk	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 16th largest in the world. Even though the country's modern infrastructure supports a relatively efficient distribution of goods to major urban centers throughout the region, unstable electricity supplies retard growth. The global financial crisis reduced commodity prices and world demand. GDP fell nearly 2% in 2009 but has recovered since then, albeit slowly with 2014 growth projected at about 2%. Unemployment, poverty, and inequality - among the highest in the world - remain a challenge. Official unemployment is at nearly 25% of the work force, and runs significantly higher among black youth. Eskom, the state-run power company, has built two new power stations and installed new power demand management programs to improve power grid reliability. Construction delays at two additional plants, however, mean South Africa is operating on a razor thin margin; economists judge that growth cannot exceed 3% until those plants come on line. 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	BITE REPRO HOUSE CC
Country	South Africa
Subject Contact Person	JILL JONES - Financial Manager
Assessment	This is an established business. On investigation contact was made with JILL JONES the financial manager who declined all financials. The subject is meeting commitments timeously with suppliers. We could not obtain a bank code as the account number was not provided. Please see the available information on the subject below.

Auditors information

Company Registered Name	WILDER LOCKITCH BMS (PTY)LTD
Trading Name	None
Registration Number	M1997/000446/07
Physical Address	UNIT B10 CENTURY SQUARE, HERON CRESCENT, CENTURY CITY, 7441
Postal Address	P O BOX 60, CENTURY CITY, 7446
Contact Person	GAVIN
Contact Number	0215510510
Email	Unavailable
Principals	5
Judgements Against Subject	None On Record
Judgements Against Principals	None On Record
Subject Verified as Client	Yes
Practice Number	935387
VAT Number	4140163850
Tax Number	9437039036
BEE Status	Unavailable
Financial Year End	February
No of years in Business	15 Years 7 Months
Website	Unavailable

Previous Auditors Information - No Information on Record

Tax Information

Vat Number	4390172205
Status	ACTIVE
Vat Liable Date	1998/03/01
Tax Number	9294007035
Financial Year End	February

Black Economic Empowerment

Status	Yes
Score	4.00
Expire Date	Jun 1 2015
BEE Certificate Available	No

ISO Information - No Information on Record

Workman's compensation

Registered	Yes
Compliance Certified	Yes

Company Structure

Subsidiaries Information - No Information on Record

Employees

Number of Employees	77
1. Salaried employees	77
2. Waged employees	--
3. Permanent employees	77
Company Fleet
Company Fleet	No of vehicles:	Owned/Leased	Value	Outstanding Balance
Fleet Operations
The Fleet is made up of	1
Light delivery Vehicles	1	Owned

Offices

Offices	Offices
Head Office Owned/ Rented	Owned
Rental Company	N/A
Owned by	BITE REPRO HOUSE CC
Lease Agreement	N/A
Lease Expire Date	N/A
Type of Premises	Offices and factory

Branch Information - No Information on Record

Management Overview

Organisation Chart

Level	Position	Name
1	Member	GILLIAN FREDA JONES

Company Structure (Ownership)

Note: One level up and all levels down

Holding	Company	Sub
100 % - GILLIAN FREDA JONES	BITE REPRO HOUSE CC	None

Key Deals - No Information on Record

Trade References

Trade Reference nr	Supplier	Contact	Surety Value	Notarial Bonds	Comment
1	HANSA PRINT	0214487894
2	ALU PANEL	0218500619			The supplier declined to assist with a trade reference due to company policy
3	COLOUR CORPORATE	01118035320

Trade References Detail

Nr	Age of Acc	Credit Limit	Max Credit	Terms	Average Purchases	Terms Taken	Comment
1	20 Years	R 200000.00	R150000	30 Days	R100000	30 Days	Good account
2
3	4 Years		R16000	30 Days	R10000	30 Days	Good account

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

Bank	STANDARD BANK
Branch	Universal
Brach Code	051001
Bank Account Number	Unavailable
Type of Account	CURRENT
Account Name	BITE REPRO HOUSE CC
Overdraft Facilities	None
Bank Code	Unavailable
Bank Comment	Unavailable

Bank Codes History

Date requested

Bank Code

Enquiry Amount

Number of RD's

RD amount

RD Date

Bank Comments

Years with bank

Comment

2003/03/12

C(Good for the amount quoted, if strictly in the way

business.)

10000.00

THE

SUBJECTS BANKERS CONSIDER

THEM GOOD

FOR NORMAL BUSINESS ENGAGEMEN

Previous Bank Account Information - No Information on Record

Deeds Information - No information on record

Principals

Number of Principals	1
Average Age of Active Principals	55

Active Principals Principal - 1 of 1 GILLIAN JONES

Surname	JONES
First Name	GILLIAN
Other Names	FREDA
ID Number	5902240133084
Verified ID Number	Yes
Current Age	55 Years 4 Months
Designation	Managing Member
Status	Active
Appointment Date	2001/08/13
Physical Address (at time of Appointment)	3 CUSHAT LANE, CONSTANTIA, 7806
Postal Address	3 CUSHAT LANE, CONSTANTIA, 7806
Current Tel Number	0214488593
Cell number	0826500477
Shareholding/Membership	100 %

Principal's Adverse - No information on record

Business Information for GILLIAN JONES

Principal Current Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
BITE REPRO HOUSE CC	B1996/058235/23	In Business	18 Years 6 Months	0	No

Principal Previous Business Interests

Average Age of Previous Business 0 Years

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
HOTAZEL PUBLISHERS (PTY)LTD	M2002/021632/07	Conversion CO/CC or CC/CO		0	No

Principal Deeds Information

Property Interests for GILLIAN JONES

Title Deed No.	T26080/1999	Erf/Site No.	148506
Deeds Office	CAPE TOWN	Physical Address	33 CONSTRANIABERG CAPE TOWN
Property Type	F	Extent / Size	313.00000000
Purchase Date	1999/01/27	Purchase price	R 405000.00
% Ownership	0.00	Bond Holder	STANDARD BANK OF SOUTH AFRICA LTD
Bond Number	B120011999	Bond Amount	R150000.00

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.60.12
UK Pound	1	Rs.102.00
Euro	1	Rs.81.43

INFORMATION DETAILS

Analysis Done by :	RAS

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	BITE REPRO HOUSE CC
Trading as/ Division Name	SCAN SHOP
Previous Name	None
Date of Name Change	None
Registration Number	B1996/058235/23
Registration Date	1996/11/20
Date Commenced Trading	1996-11-20
Age of Business	17 Years 7 Months
History of Business	The subject commenced trading as a new business in 1996.
History of Principals	There is currently 1 managing member within the business.
Shareholders/Members/Partners of subject and % holding	100 % - GILLIAN FREDA JONES
Authorised Share Capital	R 0.00
Issued Share Capital/Members Contribution	R 0.00
Status	In Business
Operations Assessment	· Engaged in printing and reproduction · Engaged in design, printing and installation of many unique indoor and outdoor exhibitions. · Subject offers photographers, authors, artists, designers, museums, publishers and gallery owners the expertise and innovation to guarantee international standards in print. · Subject delivers the benefit of advanced experience in every aspect of the process, from tailored typesetting to specialised book binding and from the largest format printing to the finest attention to detail
Industry/ Customers	The general public
Export	Unknown
Import	Unknown
Major Industry Code / SICC	32520
Definition of Code	Service activities related to printing
services Includes	· Digital Scanning · Exhibition Displays · Large Format Graphics · Reproduction · Design & Retouching · Books & Catalogues · Fine Art Printing
Head Office Physical Address	9 BARRON STREET, WOODSTOCK, 7925
Head Office Postal Address	9 BARRON STREET, WOODSTOCK, 7925
Current Tel Number	0214488593
Cell Number	None
Current Fax Number	0714157928
Current Email Address	jilljones@scanshop.co.za
Web Site Address	Unavailable