Commercial Credit Report for National Foods Holdings Ltd

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	National Foods Holdings Ltd
10 Stirling Road, Workington,
Phone: +263 2753751p:+263 2753751	HARARE, Zimbabwe	Ticker: NTFDNTFD

Business Summary

National Foods Holdings Limited is a Zimbabwe-based food manufacturer. The Company’s activities comprise of the milling of flour and maize, manufacture of animal feed, cereals, snacks and biscuits, pasta and the packaging and sale of other general household goods. The Company produces a range of basic foods, including maize meal, flour, cooking oil, margarine, rice, salt, snacks, biscuits, pasta, sugar beans, baked beans, popcorn, as well as soap and a full range of animal feed. Its product portfolio also includes a maize based cereal. The Company’s brands include Red Seal, Pearlenta, Gloria, Mahatma, Better Buy, ZimGold, National Foods Stockfeeds, Iris, Zapnax, KING, and Allegros Popticorn. It has manufacturing sites in Harare, Bulawayo, and Mutare, from which it distributes its products throughout Zimbabwe. Its subsidiaries include National Foods Properties Limited, Clairedelune Investments (Pvt) Ltd, Breathaway Food Caterers (Private) Limited, among others.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	6/30/2023	Yes	-	-	-	-

Industries

SIC Code	Description
2041	Flour and other grain mill products
2079	Shortening, table oils, margarine, and other edible fats and oils
2044	Rice milling
2099	Food preparations, not elsewhere classified
2096	Potato chips, corn chips, and similar snacks
2052	Cookies and crackers
2098	Macaroni, spaghetti, vermicelli, and noodles
2032	Canned specialties
2048	Prepared feeds and feed ingredients for animals and fowls, except dog and cat
6512	Operators of nonresidential buildings

Officers and Directors

Title	Name	Age	Title Date	Start Date
Independent Non-Executive Chairman of the Board	Todd T.Moyo	64
Managing Director/Chief Executive Officer, Member of the Executive Committee, Executive Director	Michael J.Lashbrook		1/1/2015
Financial Director, Member of the Executive Committee, Executive Director	LovejoyNyandoro		11/9/2016	11/9/2016
12 additional Officers and Directors records available in full report.

Business Names

Business Name
National Foods Limited
NTFD

General Information

Number of Employees:	1,587	(As of 6/30/2023)
Outstanding Shares:	68,400,108	(As of 12/31/2023)
Shareholders:	1,059
Stock Exchange:	VFX
Fax Number:	+263 2753741

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