MIRA INFORM REPORT

Report Date :

30.06.2014

IDENTIFICATION DETAILS

Name :	KIDZ MEDIA PRODUCTIONS CC

Registered Office :	Unit 14 Fairways, Miblick Road, Sommerset West, 7130

Country :	South Africa

Date of Incorporation :	27.10.2008

Com. Reg. No.:	B2008/227248/23

Legal Form :	Private Company

Line of Business :	· Engaged in publishing and distributing Lifestyle-Oriented, Non-Fiction Books written by Christian authors that centres on Relationships, Health, Inspirational and Spiritual Titles. · Engaged in Publishing of Books, Brochures & Musical Books · Engaged in production and distribution of Multimedia Products for children, DVDs, and books in South Africa through direct sales. · Subject has also produced DVD and CD "Earth so Blue," a musical DVD locally

No of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	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 – 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	KIDZ MEDIA PRODUCTIONS CC
Country	South Africa
Subject Contact Person	ERIC SMITH - BUSINESS MANAGER
Assessment	This is an established business. On investigation contact was made with ERIC SMITH the business manager who requested the name of the principal inquirer before he would assist with any information. Please see the available information provided below.

Auditors information

Company Registered Name	GLENN MARTHENISSEN
Postal Address	18 ANDRIES PREORIUS STREET, PAROW VALLEY, PAROW, 7500
Practice Number	8085
No of years in Business	5 Years 8 Months

Previous Auditors Information - No Information on Record

Tax information

Vat Number	4880256526
Status	ACTIVE
Vat Liable Date	2010/09/01
Tax Number	9669421159
Financial Year End	February

Black Economic Empowerment Information - No Information on Record

ISO Information - No Information on Record

Workman's compensation

Registered	Yes
Compliance Certified	Yes

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

Holding	Company	Sub	Comment
50% - MARCOS JAVIER CRUSS	KIDZ MEDIA PRODUCTIONS CC	None
50% - DIEDRE LYNN WARELEY	KIDZ MEDIA PRODUCTIONS CC	None

Company Structure (Ownership)

Note: One level up and all levels down

Level	Position	Name	Comment
1	BUSINESS MANAGER	ERIC SMITH
1	MEMBER	MARCOS JAVIER CRUSS

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	38

Active Principals Principal - 1 of 2 DEIDRE WARELEY CRUZ

Surname	WARELEY CRUZ
First Name	DEIDRE
ID Number	7602010038087
Verified ID Number	Yes
Current Age	38 Years 4 Months
Status	Active
Appointment Date	2011/12/07
Physical Address (at time of Appointment)	12 RIVERSIDE ACRES, 24 ANDRIES PRETORIUS STREET, SOMERSET WEST, 7130
Postal Address	P O BOX 111, SOMERSET WEST, 7137
Current Tel Number	0218527656
Cell number	0848144888
Shareholding/Membership	50.00

Principal's Adverse - No information on record

Business Information for DEIDRE WARELEY CRUZ

Principal Current Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
KIDZ MEDIA PRODUCTIONS CC	B2008/227248/23	In Business	6 Years 6 Months	0	No

Principal's Previous Business Interests - No information on record

Principal - 2 of 2 JAVIER CRUZ MARCOS

Surname	CRUZ MARCOS
First Name	JAVIER
ID Number	7509196183084
Verified ID Number	Yes
Current Age	38 Years 9 Months
Status	Active
Appointment Date	2008/10/27
Physical Address (at time of Appointment)	12 RIVERSIDE ACRES, 24 ANDRIES PRETORIUS STREET, SOMERSET WEST, 7130
Postal Address	P O BOX 111, SOMERSET MALL, 7137
Current Tel Number	0218527656
Cell number	0835704585
Shareholding/Membership	50.00

Principal's Adverse - No information on record

Business Information for JAVIER CRUZ MARCOS

Principal Current Business Interests

Company Name	Registration No	Status	Age of Business	Judgements	Liquidation	Comment
KIDZ MEDIA PRODUCTIONS CC	B2008/227248/23	In Business	6 Years 6 Months	0	No

Principal's Previous Business Interests - No information on record

Principal Deeds Information

Property Interests for JAVIER CRUZ MARCOS

Title Deed No.	ST2277/2011	Erf/Site No.	9365
Deeds Office	CAPE TOWN	Physical Address	26 ANDRIES PRETORIUS SOMERSET WEST SOMERSET WEST
Property Type	U	Extent / Size
Purchase Date	2010/03/29	Purchase price	R 700000.00
% Ownership	0.00	Bond Holder	SOUTH AFRICAN HOME LOANS GUARAN
Bond Number	SB9122011	Bond Amount	R 800000.00

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.60.10
UK Pound	1	Rs.102.40
Euro	1	Rs.81.88

INFORMATION DETAILS

Analysis Done by :	DIV

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	KIDZ MEDIA PRODUCTIONS CC
Trading as/ Division Name	KIDZ MEDIA, AFRICA PUBLISHING COMPANY
Previous Name	None
Date of Name Change	None
Registration Number	B2008/227248/23
Registration Date	2008/10/27
Date Commenced Trading	2008-10-27
Age of Business	5 Years 8 Months
History of Business	The subject commenced trading as a new business in 2008.
History of Principals	There are 2 active members within the business.
Shareholders/Members/Partners of subject and % holding	50 % - MARCOS JAVIER CRUZ, 50 % - DIEDRE LYNN WARELEY CRUZ
Status	In Business
Operations Assessment	· Engaged in publishing and distributing Lifestyle-Oriented, Non-Fiction Books written by Christian authors that centres on Relationships, Health, Inspirational and Spiritual Titles. · Engaged in production and distribution of Multimedia Products for children, DVDs, and books in South Africa through direct sales. · Subject has also produced DVD and CD "Earth so Blue," a musical DVD locally
Industry/ Customers	Christian organisations, private and public
Export	Unknown
Import	Unknown
Major Industry Code / SICC	32410
Definition of Code	Publishing of books, brochures & musical books
Head Office Physical Address	UNIT 14 FAIRWAYS, MIBLICK ROAD, SOMMERSET WEST, 7130
Head Office Postal Address	PO BOX 111, SOMERSET MALL, 1370
Current Tel Number	0218527656
Cell Number	Unavailable
Current Fax Number	0865022980
Current Email Address	info@africacopublishing.com
Web Site Address	www.africapublishingco.com
Comments	We were advised that the address provided below (136 MAIN ROAD, 23 FOUNTAIN SQUARE, SOMMERSET WEST, 7130) is the subjects old address. The subjects new address is UNIT 14 FAIRWAYS, MIBLICK ROAD, SOMERSET WEST, 7130.