MIRA INFORM REPORT

Report No. :	324332
Report Date :	01.06.2015

IDENTIFICATION DETAILS

Name :	TILDA LIMITED

Formerly Known As :	TILDA RICE LIMITED

Registered Office :	Coldharbour Lane Rainham Essex Rm13 9YQ

Country :	United Kingdom

Financials (as on) :	30.06.14

Date of Incorporation :	25.09.1970

Legal Form :	Private limited with Share Capital

Line of Business :	Subject is leading importer, manufacturer and distributor of rice products

No. of Employee :	220 (2014)

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 – December 31, 2014

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

United Kingdom

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

UNITED KINGDOM - ECONOMIC OVERVIEW

The UK, a leading trading power and financial center, is the third largest economy in Europe after Germany and France. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining and the UK became a net importer of energy in 2005. Services, particularly banking, insurance, and business services, are key drivers of British GDP growth. Manufacturing, meanwhile, has declined in importance but still accounts for about 10% of economic output. In 2008, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. Falling home prices, high consumer debt, and the global economic slowdown compounded Britain's economic problems, pushing the economy into recession in the latter half of 2008 and prompting the then BROWN (Labour) government to implement a number of measures to stimulate the economy and stabilize the financial markets. Facing burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated an austerity program, which aimed to lower London's budget deficit from about 11% of GDP in 2010 to nearly 1% by 2015. The CAMERON government raised the value added tax from 17.5% to 20% in 2011. It has pledged to reduce the corporation tax rate to 20% by 2015. However, the deficit still remains one of the highest in the G7, standing at 5.8% in 2013. The Bank of England (BoE) implemented an asset purchase program of �375 billion (approximately $586 billion) as of December 2014. During times of economic crisis, the BoE coordinates interest rate moves with the European Central Bank, but Britain remains outside the European Economic and Monetary Union (EMU). In 2012, weak consumer spending and subdued business investment weighed on the economy, however, in 2013 GDP grew 1.8%, accelerating unexpectedly because of greater consumer spending and a recovering housing market.

Source : CIA

Company Name

TILDA LIMITED

Registered Address

COLDHARBOUR LANE RAINHAM ESSEX RM13 9YQ

Company Summary

Registered Address

COLDHARBOUR LANE
RAINHAM
ESSEX
RM13 9YQ

Trading Address

Coldharbour Lane
Rainham
Essex
RM13 9YQ

Website Address http://www.tilda.com

Telephone Number 01708717777

Fax Number

TPS No

FPS No

Incorporation Date 25/09/1970

Previous Name TILDA RICE LIMITED

Type Private limited with Share Capital

FTSE Index -

Date of Change 23/12/1997

Filing Date of Accounts 28/03/2015

Currency GBP

Share Capital £2,001,211

SIC07 10611

Charity Number -

SIC07 Description GRAIN MILLING

Principal Activity A leading importer, manufacturer and distributor of rice products.

Key Financials

Year to Date Turnover Pre Tax Profit Shareholder Funds Employees

30/06/2014 £63,026,000 £6,694,000 £25,856,000 220

31/12/2013 £120,257,000 £6,826,000 £20,538,000 227

31/12/2012 £107,507,000 £4,725,000 £17,540,000 196

Mortgage Summary

Total Mortgage 18

Outstanding 10

Satisfied 8

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 2

Total Value of Documented Trade £11,684

Commentary

This company has been treated as a Large company in respect of the rating/limit generated.
This company's return on total assets employed ratio indicates a highly efficient use of assets.
This company has only made late payments on a low percentage of invoices.
This company's ratio of total liabilities to total assets indicates the presence of moderate equity funding.
This company's bank loans and overdrafts (less cash) account for a high percentage of short term liabilities.
This company trades in an industry with a moderate level of corporate failures.

CCJ

Total Number of Exact CCJs -	0	Total Value of Exact CCJs -
Total Number of Possible CCJs -	0	Total Value of Possible CCJs -
Total Number of Satisfied CCJs -	0	Total Value of Satisfied CCJs -
Total Number of Writs -	-

Total Current Directors	6
Total Current Secretaries	0
Total Previous Directors / Company Secretaries	6

Current Directors

Name	Rohit Samani	Date of Birth	01/10/1954
Officers Title	Mr	Nationality	British
Present Appointments	2	Function	Director
Appointment Date	07/05/1991
Address	Coldharbour Lane, Rainham, Essex, RM13 9YQ
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Umesh Parmar	Date of Birth	21/08/1965
Officers Title	Mr	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	12/11/2004
Address	Coldharbour Lane, Rainham, Essex, RM13 9YQ
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Robert Bailie	Date of Birth	08/07/1972
Officers Title	Mr	Nationality	British
Present Appointments	1	Function	Director
Appointment Date	01/08/2012
Address	Coldharbour Lane, Rainham, Essex, RM13 9YQ
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Denise Menikheim Faltischek	Date of Birth	08/04/1973
Officers Title	Ms	Nationality	American
Present Appointments	23	Function	Director
Appointment Date	13/01/2014
Address	Coldharbour Lane, Rainham, Essex, RM13 9YQ
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Irwin David Simon	Date of Birth	30/07/1958
Officers Title	Mr	Nationality	Canadian
Present Appointments	1	Function	Director
Appointment Date	13/01/2014
Address	Coldharbour Lane, Rainham, Essex, RM13 9YQ
Disqualified		Disqualified End Date
Disqualification Exception	No

Name	Stephen Jay Smith	Date of Birth	12/02/1960
Officers Title	Mr	Nationality	American
Present Appointments	21	Function	Director
Appointment Date	13/01/2014
Address	Coldharbour Lane, Rainham, Essex, RM13 9YQ
Disqualified		Disqualified End Date
Disqualification Exception	No

Top 20 Shareholders

Name	Currency	Share Count	Share Type	Nominal Value	% of Total Share Count
HAIN FROZEN FOODS UK LIMITED	GBP	1,520,000	ORDINARY	1	71.66
HAIN FROZEN FOODS UK LIMITED	GBP	480,000	ORDINARY A	1	22.63
HAIN FROZEN FOODS UK LIMITED	GBP	61,750	ORDINARY B	0.01	2.91
HAIN FROZEN FOODS UK LIMITED	GBP	59,350	ORDINARY C	0.01	2.8

Profit & Loss

Date Of Accounts	30/06/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
Weeks	26	(%)	52	(%)	52	(%)	52	(%)	52
Currency	GBP	(%)	GBP	(%)	GBP	(%)	GBP	(%)	GBP
Consolidated A/cs	N	(%)	N	(%)	N	(%)	N	(%)	N
Turnover	£63,026,000	-47.6%	£120,257,000	11.9%	£107,507,000	3.4%	£103,982,000	1.4%	£102,523,410
Export	£13,456,000	-49.6%	£26,675,000	20.1%	£22,207,000	-	-	-	£102,523,410
Cost of Sales	£49,641,000	-46.8%	£93,374,000	7.1%	£87,170,000	-0.9%	£87,922,000	0.8%	£87,214,715
Gross Profit	£13,385,000	-50.2%	£26,883,000	32.2%	£20,337,000	26.6%	£16,060,000	4.9%	£15,308,695
Wages & Salaries	£6,124,000	-57.1%	£14,262,000	23.4%	£11,557,000	2.6%	£11,269,000	8.8%	£10,354,822
Directors Emoluments	£829,000	-73.7%	£3,154,000	71.2%	£1,842,000	-24.8%	£2,451,000	23.1%	£1,990,406
Operating Profit	£7,153,000	-9.7%	£7,919,000	43%	£5,539,000	203.3%	£1,826,000	5.8%	£1,726,465
Depreciation	£938,000	-55.3%	£2,097,000	24.5%	£1,684,000	-6.3%	£1,797,000	-5.8%	£1,908,335
Audit Fees	£76,000	-3.8%	£79,000	16.2%	£68,000	78.9%	£38,000	46.2%	£26,000
Interest Payments	£489,000	-58.6%	£1,180,000	41.3%	£835,000	32.1%	£632,000	-16.3%	£755,329
Pre Tax Profit	£6,694,000	-1.9%	£6,826,000	44.5%	£4,725,000	295.7%	£1,194,000	19.2%	£1,001,906
Taxation	-£1,476,000	19.8%	-£1,841,000	-118.9%	-£841,000	-999.9%	£17,000	121.6%	-£78,800
Profit After Tax	£5,218,000	4.7%	£4,985,000	28.3%	£3,884,000	220.7%	£1,211,000	31.2%	£923,106
Dividends Payable	-	-100%	£1,520,000	-75%	£6,080,000	-	-	-	-
Retained Profit	£5,218,000	50.6%	£3,465,000	257.8%	-£2,196,000	-281.3%	£1,211,000	31.2%	£923,106

Balance Sheet

Date Of Accounts	30/06/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
Tangible Assets	£21,435,000	-3%	£22,100,000	-1.7%	£22,485,000	11.9%	£20,087,000	-3.7%	£20,859,679
Intangible Assets	0	-	0	-	0	-	0	-	0
Total Fixed Assets	£21,435,000	-3%	£22,100,000	-1.7%	£22,485,000	11.9%	£20,087,000	-3.7%	£20,859,679
Stock	£24,508,000	6.9%	£22,925,000	11.4%	£20,588,000	38.7%	£14,845,000	-5.6%	£15,717,891
Trade Debtors	£18,029,000	-5.7%	£19,116,000	27.5%	£14,995,000	-13.8%	£17,390,000	11.9%	£15,533,789
Cash	£3,639,000	999.9%	£9,000	-40%	£15,000	25%	£12,000	-40.8%	£20,274
Other Debtors	£11,026,000	30.1%	£8,474,000	-1.8%	£8,631,000	-1.5%	£8,764,000	-2.5%	£8,987,161
Miscellaneous Current Assets	0	-	0	-	0	-	0	-	0
Total Current Assets	£57,202,000	13.2%	£50,524,000	14.2%	£44,229,000	7.8%	£41,011,000	1.9%	£40,259,115
Trade Creditors	£7,180,000	-17.3%	£8,687,000	6%	£8,196,000	-52.3%	£17,197,000	-9.2%	£18,941,895
Bank Loans & Overdrafts	£38,744,000	8.5%	£35,700,000	11.5%	£32,030,000	61.6%	£19,819,000	8.5%	£18,263,629
Other Short Term Finance	0	-	0	-100%	£866,000	137.3%	£365,000	-25.3%	£488,665
Miscellaneous Current Liabilities	£4,064,000	-9.3%	£4,479,000	54.9%	£2,892,000	34.1%	£2,156,000	12.6%	£1,915,470
Total Current Liabilities	£49,988,000	2.3%	£48,866,000	11.1%	£43,984,000	11.2%	£39,537,000	-0.2%	£39,609,659
Bank Loans & Overdrafts and LTL	£41,537,000	6.7%	£38,920,000	4.6%	£37,220,000	68.2%	£22,126,000	1.8%	£21,730,091
Other Long Term Finance	0	-	0	-100%	£908,000	-17.2%	£1,096,000	-24.6%	£1,452,743
Total Long Term Liabilities	£2,793,000	-13.3%	£3,220,000	-38%	£5,190,000	125%	£2,307,000	-33.4%	£3,466,462

Capital & Reserves

Date Of Accounts	30/06/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
Called Up Share Capital	£2,002,000	-	£2,002,000	-	£2,002,000	-80%	£10,000,000	-	£10,000,000
P & L Account Reserve	£23,854,000	28.7%	£18,536,000	19.3%	£15,538,000	67.9%	£9,254,000	15.1%	£8,042,673
Revaluation Reserve	-	-	-	-	-	-	-	-	-
Sundry Reserves	-	-	-	-	-	-	-	-	-
Shareholder Funds	£25,856,000	25.9%	£20,538,000	17.1%	£17,540,000	-8.9%	£19,254,000	6.7%	£18,042,673

Other Financial Items

Date Of Accounts	30/06/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
Net Worth	£25,856,000	25.9%	£20,538,000	17.1%	£17,540,000	-8.9%	£19,254,000	6.7%	£18,042,673
Working Capital	£7,214,000	335.1%	£1,658,000	576.7%	£245,000	-83.4%	£1,474,000	127%	£649,456
Total Assets	£78,637,000	8.3%	£72,624,000	8.9%	£66,714,000	9.2%	£61,098,000	0%	£61,118,794
Total Liabilities	£52,781,000	1.3%	£52,086,000	5.9%	£49,174,000	17.5%	£41,844,000	-2.9%	£43,076,121
Net Assets	£25,856,000	25.9%	£20,538,000	17.1%	£17,540,000	-8.9%	£19,254,000	6.7%	£18,042,673

Cash Flow

Date Of Accounts	30/06/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
Net Cashflow from Operations	-	-	-	-	-	-	-	-	-
Net Cashflow before Financing	-	-	-	-	-	-	-	-	-
Net Cashflow from Financing	-	-	-	-	-	-	-	-	-
Increase in Cash	-	-	-	-	-	-	-	-	-

Miscellaneous

Date Of Accounts	30/06/14	(%)	31/12/13	(%)	31/12/12	(%)	31/12/11	(%)	31/12/10
Contingent Liability	NO	-	NO	-	NO	-	YES	-	YES
Capital Employed	£28,649,000	20.6%	£23,758,000	4.5%	£22,730,000	5.4%	£21,561,000	0.2%	£21,509,135
Number of Employees	220	-3.1%	227	15.8%	196	10.7%	177	-6.8%	190
Auditors	KPMG LLP
Auditor Comments	The audit report contains no adverse comments
Bankers	NATIONAL WESTMINSTER BANK PLC
Bank Branch Code

Ratios

Date Of Accounts	30/06/14	31/12/13	31/12/12	31/12/11	31/12/10
Pre-tax profit margin %	10.62	5.68	4.40	1.15	0.98
Current ratio	1.14	1.03	1.01	1.04	1.02
Sales/Net Working Capital	8.74	72.53	438.80	70.54	157.86
Gearing %	160.60	189.50	212.20	114.90	120.40
Equity in %	32.90	28.30	26.30	31.50	29.50
Creditor Days	20.73	26.29	27.75	60.19	67.25
Debtor Days	52.06	57.86	50.77	60.87	55.15
Liquidity/Acid Test	0.65	0.56	0.53	0.66	0.61
Return On Capital Employed %	23.36	28.73	20.78	5.53	4.65
Return On Total Assets Employed %	8.51	9.39	7.08	1.95	1.63
Current Debt Ratio	1.93	2.37	2.50	2.05	2.19
Total Debt Ratio	2.04	2.53	2.80	2.17	2.38
Stock Turnover Ratio %	38.88	19.06	19.15	14.27	15.33
Return on Net Assets Employed %	25.88	33.23	26.93	6.20	5.55

Previous Company Names

Date	Previous Name
23/12/1997	TILDA RICE LIMITED
24/09/1982	JACEY (OVERSEAS) LIMITED

Statistics

Group	30 companies
Linkages	13 companies
Countries	In 2 countries

Summary

Holding Company	HAIN FROZEN FOODS UK LIMITED
Ownership Status	Wholly Owned
Ultimate Holding Company	HAIN CELESTIAL GROUP INC THE

Group Structure

Company Name	Registered Number	Latest Key Financials	Consol. Accounts	Turnover
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\tminus.gif$ HAIN CELESTIAL GROUP INC...	N/A	-	-
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\tminus.gif$ ELLA'S KITCHEN GROUP L...	06792345	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\T.gif$ ELLA'S KITCHEN (INTE...	05010368	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\T.gif$ ELLA'S KITCHEN (BRAN...	05183743	30.06.2014	N	£46,356,101
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\L.gif$ ELLA'S KITCHEN (IP)...	06957235	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\tminus.gif$ HAIN HOLDINGS UK LIMITED	05830615	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\tminus.gif$ HAIN FROZEN FOODS UK...	05830980	30.06.2013	N	£29,003,000
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\tminus.gif$ S.DANIELS PLC	00391765	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\T.gif$ BRASH BROTHERS LI...	00330135	30.06.2013	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\T.gif$ DANIELS GROUP LIM...	01480026	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\tminus.gif$ ALL SQUARE FOODS...	02712633	30.06.2013	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\T.gif$ GET FRESH LIMITED	01963386	30.06.2013	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\L.gif$ BILASH FOODS LI...	02193302	30.06.2013	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\tminus.gif$ DANIELS CHILLED F...	03102559	30.06.2014	N	£124,730,000
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\T.gif$ NEW COVENT GARD...	01950388	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\T.gif$ SUN-RIPE LIMITED	02049893	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\T.gif$ THE NEW COVENT...	02345325	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\tminus.gif$ CRESSET LIMITED	IE086887	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\L.gif$ SWISSCO MANUF...	IE048411	31.12.2013	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\T.gif$ FARMHOUSE FARE...	04304990	30.06.2014	N	£19,460,000
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\tminus.gif$ JOHNSONS FRESH...	01947157	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\L.gif$ JOHNSONS FRES...	02041117	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\tminus.gif$ HAIN CELESTIAL IR...	08047531	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\L.gif$ CULLY & SULLY L...	IE375810	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\T.gif$ HISTON SWEET SPREA...	07958787	30.06.2014	N	£157,891,000
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\tminus.gif$ TILDA LIMITED	00990202	30.06.2014	N	£63,026,000
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\T.gif$ MARDI GRAS PROPER...	08115736	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\L.gif$ TILDA RICE LIMITED	08115638	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\T.gif$ DAILY BREAD LIMITED	01997704	30.06.2014	N
$Description: \\VIVEK\Foreign Report Raw2\TILDA LIMITED_files\L.gif$ HAIN CELESTIAL UK LI...	05792038	30.06.2014	N

Statistics

Group	30 companies
Linkages	13 companies
Countries	In 2 countries

Mortgage Details

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	30/11/12
Date Charge Registered:	12/12/12
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	BANK OF INDIA
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER UNDER THETERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	UNIT 2 GATEWAY XIII FERRY LANE RAINHAM ESSEX T/NO EGL452322
Mortgage Type:	MORTGAGE
Date Charge Created:	26/04/12
Date Charge Registered:	05/05/12
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	BANK OF INDIA
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE NOT EXCEEDING THE SUM OF £3,867,000 UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	UNIT 2 GATEWAY X111 FERRY LANE, RAINHAM, ESSEX, T/NO: EGL452322 SEE IMAGE FOR FULL DETAILS

Mortgage Type:	MORTGAGE
Date Charge Created:	11/10/11
Date Charge Registered:	13/10/11
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	BANK OF INDIA
Amount Secured:	ALL MONIES NOT EXCEEDING £6 MILLION DUEOR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	UNIT 2 GATEWAY XIII, 54 FERRY LANE, RAINHAM ESSEX T/NO EGL452322
Mortgage Type:	MORTGAGE
Date Charge Created:	27/03/09
Date Charge Registered:	07/04/09
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	BANK OF INDIA
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONEDINSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	UNIT 2 GATEWAY XIII 54 FERRY LANE RAINHAM ESSEX T/N EGL452322 ALL PLANT AND MACHINERY, THE BENEFIT OF ALL CONTRACTS, AGREEMENTS, RIGHTS, SECURITIES, COVENANTS,GUARANTEES, BONDS AND INDEMNITIES SEE IMAGE FOR FULL DETAILS

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	06/03/08
Date Charge Registered:	13/03/08
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	BANK OF INDIA
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONEDINSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	UNIT 2 GATEWAY XIII FERRY LANE RAINHAM ESSEX T/NO EGL452322 TOGETHER WITH ALL PLANT AND MACHINERY BYWAY OF ASSIGNMENT THE BENEFIT OF ALL CONTRACTS SEE IMAGE FOR FULL DETAILS
Mortgage Type:	FIXED AND FLOATING CHARGE
Date Charge Created:	02/09/05
Date Charge Registered:	09/09/05
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO RBS INVOICE FINANCE LIMITED(PREVIOUSLY KNOWN ASTHE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED) (RBSIF) UNDER THE TERMS OF THE AFOREMENTIONED INSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	BY WAY OF FIXED EQUITABLE CHARGE ALL PURCHASED DEBTS, ALL RELATED RIGHTS PERTAINING TO THE PURCHASEDDEBTS AND BY WAY OF FLOATING CHARGE THE PROPERTY, ASSETS AND RIGHTS IN RESPECT OF THE PURCHSED DEBTS AND RELATED RIGHTS SEE IMAGE FOR FULLDETAILS

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	09/12/04
Date Charge Registered:	23/12/04
Date Charge Satisfied:	-
Status:	OUTSTANDING
Person(s) Entitled:	BANK OF INDIA
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE UNDER THE TERMSOF THE AFOREMENTIONEDINSTRUMENT CREATING OR EVIDENCING THE CHARGE
Details:	BY WAY OF FIRST LEGAL MORTGAGE UNIT 2 GATEWAY X111 FERRY LANE RAINHAM ESSEX T/NO EGL452322 TOGETHERWITH ALL PLANT AND MACHINERY BY WAY OF ASSIGNMENT, THE BENEFIT OF ALL CONTRACTS, AGREEMENTS, RIGHTS,SECURITIES, COVENANTS, GUARANTEES, BONDS AND INDEMNITIES OF ANY NATURE
Mortgage Type:	LEGAL CHARGE
Date Charge Created:	11/08/04
Date Charge Registered:	20/08/04
Date Charge Satisfied:	12/03/05
Status:	SATISFIED
Person(s) Entitled:	BANK OF INDIA
Amount Secured:	£1,000,000 DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
Details:	ALL THAT F/H PROPERTY K/A UNIT 2 GATEWAY XIII, 54 FERRY LANE, RAINHAM

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/02/04
Date Charge Registered:	14/02/04
Date Charge Satisfied:	12/03/05
Status:	SATISFIED
Person(s) Entitled:	BANK OF INDIA
Amount Secured:	THE SUM OF 3 MILLION POUNDS STERLING DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE
Details:	F/H UNIT 2 GATEWAY XIII 54 FERRY LANE BIRMINGHAM THE BENEFIT OF ALL CONTRACTS AGREEMENTS RIGHT SECURITIES COVENANTS GUARANTEES BONDS AND INEMNITIES OF ANY NATURE INCLUDING ALL INSURANCE POLICIES AND CONTRACTS OF INSURANCE SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	FIXED AND FLOATING CHARGE OVER DEBTS
Date Charge Created:	07/09/99
Date Charge Registered:	14/09/99
Date Charge Satisfied:	10/09/05
Status:	SATISFIED
Person(s) Entitled:	FORTIS BANK SA-NV
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	ALL BOOK AND OTHER DEBTS FLOATING CHARGE OVER THE DEBTS AND THE PROCEEDS OF THEDEBTS SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS

Mortgage Type:	FLOATING CHARGE
Date Charge Created:	30/12/97
Date Charge Registered:	31/12/97
Date Charge Satisfied:	-
Status:	PARTIAL PROPERTY RELEASE
Person(s) Entitled:	MIDLAND BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FLOATING CHARGE ALL THE PROPERTY ASSETSAND RIGHTS OF THE COMPANY PRESENT AND FUTURE WHEREVER SITUATE(SUBJECT TO THE PRIOR FLOATING CHARGES IN FAVOUR OF BANK OF INDIA AND RABOBANK INTERNATIONAL LONDONBRANCH),(THE "CHARGED PROPERTY")
Mortgage Type:	SUPPLEMENTAL DEBENTURE
Date Charge Created:	19/08/96
Date Charge Registered:	23/08/96
Date Charge Satisfied:	02/11/99
Status:	SATISFIED
Person(s) Entitled:	COOPERATIVE CENTRALE RAFFEISEN BOERENLEENBANK BA (RABOBANK, LONDON BRANCH)
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED AND FLOATING CHARGE ON ALL BOOK DEBTS AND BANK BALANCES NOW AND FROM TIMETO TIME HEREAFTER DUEOWING OR INCURREDTO THE COMPANY

Mortgage Type:	DEBENTURE
Date Charge Created:	29/03/96
Date Charge Registered:	04/04/96
Date Charge Satisfied:	-
Status:	PARTIAL PROPERTY RELEASE
Person(s) Entitled:	MIDLAND BANK PLC
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	BY WAY OF LEGAL MORTGAGE THE FREEHOLD AND LEASEHOLD PROPERTY (IF ANY) AT THE DATE OF THE DEBENTURE VESTED IN OR CHARGEDTO THE COMPANY INCLUDING WITHOUT LIMITATION ALL THAT FREEHOLD PROPERTY AT COLDHARBOUR LANE, RAINHAM, ESSEX, RM13 9YQ, LAND REGISTRY TITLE NO. EGL 161573, FIXEDEQUITABLE CHARGE ALL ESTATES OR INTERESTS IN ANY FREEHOLD AND LEASEHOLD PROPERTY AT THE DATE OF THE DEBENTURE AND IN THE FUTURE VESTED IN OR CHARGED TO THE COMPANY EXCLUDING THE ABOVE PROPERTY, BY WAY OF FIXED CHARGE ALL THE PLANT, MACHINERY, FIXTURES, FITTINGS AND FURNITURE AT THE DATE OF THE DEBENTURE AND ALL THEOTHERPARTICULARS AS DETAILED ON FORM M395 SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:	DEBENTURE
Date Charge Created:	28/09/95
Date Charge Registered:	30/09/95
Date Charge Satisfied:	02/11/99
Status:	SATISFIED
Person(s) Entitled:	COOPERATIVE CENTRALE RAIFFEISEN BOERENLEENBANK BA (RABOBANK,LONDON BRANCH)
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	FIXED AND FLOATING CHARGE ON ALL BOOK DEBTS,OTHER DEBTS AND BANK BALANCES NOW AND FROM TIME TO TIMEHEREAFTER,OWING OR INCURRED TO THE COMPANY

Mortgage Type:	DEBENTURE
Date Charge Created:	14/08/89
Date Charge Registered:	22/08/89
Date Charge Satisfied:	23/05/03
Status:	SATISFIED
Person(s) Entitled:	THE HONGKONG AND SHANGHAI BANKING CORPORATION
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	F/H PROPERTY AT COLDHARBOUR LANE RAINHAM ESSEX RM 13 9YQ T/N -EGL 161573 (BUT EXCLUDING THE LEICESTER PROPERTY) FIXED CHARGE OVER ALL ESTATES OR INTERESTS IN ANY FREEHOLD AND LEASEHOLD PROPERTIES NOWAND IN THE FUTURE;FIXED CHARGE OVER ALLTHE PLANT,MACHINERY,FIXTURES,FITTINGS AND FURNITURE AND ALL RIGHT TITLE AND INTEREST UNDER ANY AGREEMENTS;FIXED CHARGE OVER ALL INTELLECTUAL PROPERTY RIGHTS AND CHOSES IN ACTION NOW OR IN THE FUTURE BELONGING TO THE COMPANY RELATING TO THECHARGED PROPERTY SEE THE MORTGAGE CHARGE DOCUMENT FOR FULL DETAILS
Mortgage Type:
Date Charge Created:	21/07/87
Date Charge Registered:	21/07/87
Date Charge Satisfied:	12/06/92
Status:	SATISFIED
Person(s) Entitled:	EAGLE STAR INSURANCE COMPANY LIMITED
Amount Secured:	£140,000
Details:	F/HOLD LAND ON THE SOUTH SIDE OF SCUDAMORE ROAD, LEICESTER T/NO LT 60580

Mortgage Type:	LEGAL CHARGE
Date Charge Created:	05/06/85
Date Charge Registered:	15/06/85
Date Charge Satisfied:	06/09/89
Status:	SATISFIED
Person(s) Entitled:	BANK OF INDIA
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	F/H LAND TOGETHER WITH THE JETTY AND DOLPHINS WHICH COMPRISES PART THEREOF ANDPROJECTS INTO THE RIVER THAMES,NEAR CUNIS LANE,(ALSO KNOWN AS COLDHARBOUR LANE)RAINHAM,ESSEX TOGETHER WITH ALL FIXTURES WHATSOEVER NOW OR AT ANY TIME HEREAFTER AFFIXED OR ATTACHED TO THE PROPERTY ORANY PART THEREOF AFFIXED OR ATTACHED TOTHE PROPERTY OR ANY PART THEREOF OTHER THAN TRADE MACHINERY AS DEFINED BY SECTION 5OF THE BILLS OF SALE ACT 1878.
Mortgage Type:	MORTGAGE AND GENERAL CHARGE
Date Charge Created:	14/12/79
Date Charge Registered:	04/01/80
Date Charge Satisfied:	-
Status:	PARTIAL PROPERTY RELEASE
Person(s) Entitled:	BANK OF INDIA
Amount Secured:	ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER
Details:	F/HOLD PROPERTY AT RAINHAM; T/NO EGL 161573 AND ALL OTHER FUTURE FREEHOLD AND LEASEHOLD PROPERTY EXISTING AND FUTURE PLANT,MACHINERY,FIXTURES AND FITTINGS,INTELLECTUAL PROPERTY RIGHTS AND CHOSES IN ACTION AND CLAIMS

Creditor Details

	Total Number	Total Value
Trade Creditors	0	-
No Creditor Data

Trade Debtors / Bad Debt Detail

	Total Number of Documented Trade	Total Value of Documented Trade
Trade Debtors	2	£11,684
Company Name		Amount	Statement Date
African Import Export Company Trading Limited		£9,848	14/12/2011
Belfrost Foods Ltd		£1,836	22/11/2013

Previous Director/Company Secretaries

Name	Current Directorships	Previous Directorships
Lesley Woodward	0	1
Rohit Samani	2	9
Rashmi Thakrar	0	4
Vipul Thakrar	3	2
Shilen Thakrar	4	1
Shamil Thakrar	5	3
Average Invoice Value	Ł543.09
Invoices available	271
Paid	256
Outstanding	15

Trade Payment Data is information that we collect from selected third party partners who send us information about their whole sales ledger.

	Within Terms	0-30 Days	31-60 Days	61-90 Days	91+ Days
Paid	130	106	12	4	4
Outstanding	9	5	1	0	0

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.76
UK Pound	1	Rs.97.80
Euro	1	Rs.69.91

INFORMATION DETAILS

Analysis Done by :	RAS

Report Prepared by :	ASH

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.

Name	Number	Latest Key Financials	Turnover
TERRA CHIPS B.V.	22036853	30.06.2013
HAIN CELESTIAL EUROPE B.V.	34148519	30.06.2013
AMI OPERATING, INC		-	$2,099,000
HAIN PURE FOOD CO INC		-
WESTBRAE NATURAL FOODS, INC		-
CELESTIAL SEASONINGS, INC		-
ARROWHEAD MILLS, INC		-
HAIN YVES INC		-
DEBOLES NUTRITIONAL FOODS, INC		-
THE HAIN CELESTIAL GROUP, INC		-	$2,153,611,000
LITTLE BEAR ORGANIC FOODS, INC		-
KINERET FOODS CORP		-
WESTBRAE NATURAL, INC		-	$9,520,000