MIRA INFORM REPORT

Report No. :	351151
Report Date :	23.11.2015

IDENTIFICATION DETAILS

Name :	SUPA PACKERS FISH PROCESSORS (PTY) LTD

Registered Office :	169 Neil Hare Road Atlantis Industrial Area Cape Town Western Cape

Country :	South Africa

Date of Incorporation :	24.06.2009

Legal Form :	Private company

Line of Business :	Not Available

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, 2015

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

South Africa

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

Company Summery

COMPANY NAME: SUPA PACKERS FISH PROCESSORS (PTY) LTD

PHYSICAL ADDRESS: 169 Neil Hare Road

ATLANTIS INDUSTRIAL AREA

Cape Town

Western Cape

TELEPHONE NUMBER: +27 21 577 4777

FAX NUMBER: +27 21 577 4777

On investigation contact was made with Rudolf, the financial manager at the subject, who declined to assist with information telephonically and requested that an email questionnaire be forwarded. This was duly sent and confirmation of receipt obtained. To date, however, no reply has been received. As soon as further information is forthcoming the same will be compiled and forwarded to our client.

Nevertheless, please see statutory information obtained from CIPC below:

COMPANY NAME: SUPA PACKERS FISH PROCESSORS (PTY) LTD

ADDRESSES ON CIPC:

PHYSICAL ADDRESS: 169 NEIL HARE ROAD

ATLANTIS INDUSTRIAL

ATLANTIS

7349

POSTAL ADDRESS: P O BOX 1577

DASSENBERG

ATLANTIS

7350

DIRECTORS

LUIS MIGUEL DE BRITO FIGUEIREDO

ID No. 7102185383087

Residential Address: 2 Klipkers Street, Welgemoed

Postal Address: P O Box 12109, N1 City, 7463

Date Appointed: 24 June 2009

SERGIO NUNO DE BRITO FIGUEIREDO

ID No. 7308055575088

Residential Address: 2 Klipkers Street, Welgemoed

Postal Address: P O Box 12109, N1 City, 7463

Date Appointed: 24 June 2009

DIRECTORS: continued

THEODORIS LOUIS NEETHLING

ID No. M0004161

Residential Address: 1 STREET NORTH 52 MEERSIG WALVIS BAY

NAMIBIA

Postal Address: 1 STREET NORTH 52 MEERSIG WALVIS BAY NAMIBIA

Date Appointed: 13 September 2013

DATE REGISTERED

24 June 2009

Registration Certificate Number: 2009/012426/07

VAT NUMBER

4170241204 / 4500202637

TAX NUMBER

9433311140

AUDITORS

C2M CHARTERED ACCOUNTANTS

YEAR END

APRIL

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.66.09
UK Pound	1	Rs.101.04
Euro	1	Rs.70.86

INFORMATION DETAILS

Analysis Done by :	RAS

Report Prepared by :	ANK

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.