MIRA
INFORM REPORT
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Report Date : |
21st
November, 2006 |
IDENTIFICATION
DETAILS
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Name : |
QUINCAMAR SARL |
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Registered Office : |
02
BP 387, Cotonou, Atlantique, Benin |
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Country : |
Benin |
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Date of Incorporation : |
2006
(not confirmed) |
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Legal Form : |
Limited
Liability Company |
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Line of Business : |
Trade
in general merchandise. |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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Status : |
New Concern
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Payment Behaviour : |
Unknown
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Litigation : |
Unknown
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CO. NAME
QUINCAMAR SARL
ADDRESS
P.O.
Box : 02 BP 387
Town : Cotonou
Province
: Atlantique
Country : Benin
Telephone :
(229) 2132 0036
Fax : (229) 2132 0036
PAYMENTS
Current
trade experience of payments has not been traced.
Our
sources were unable to contact subject and obtain financial information.
Our
show the following telephone numbers for the subject's office, (229) 2132 0036.
This number is continuously unobtainable (out of service) and no new number is
listed for the company.
When
serach was made at the Chamber of Commerce subject's name has been not traced.
Opinion
on maximum credit : In view of the
above we have insufficient basis on which to speak for unsecured credit and
recommend dealing on fully secured terms for all transactions pending fuller
knowledge.
Trade
risk assessment : No classification
It
is normal accepted practice for international suppliers to deal on secured
terms with Benin importers.
PRINCIPAL BANKERS
NAME :
SOCIETE GENERAL DE BANQUES AU BENIN (SGBB)
Branch :
Main
Street :
Avenue Clozel
PO
Box :
01 BP 585
Town :
Cotonou
Telephone : (229) 21318300
Fax :
(229) 21318298
Account
No: 30081420101-13
The
bank has been contacted and confirmed that subject is one of their clients,
however declined to provide any further information regarding the subject due
to clients confidentiality policy.
FINANCIAL INFORMATION
Balance
sheets are not available. Financial information could not be obtained from
other sources.
LEGAL STATUS AND HISTORY
Date
Started : 2006 (not confirmed)
Capital
: not given
Societe
a Responsibilite Limitee (limited liability company) with the following
shareholders :
Details
of the company's shareholders could not be obtained from the Companies'
Registry.
ACTIVITIES
The
Company is involved in the following activities :
Believed
to trade in general merchandise.
FACILITIES
The
Company has the following facilities :
Premnises
located in Cotonou.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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