MIRA
INFORM REPORT
|
Report Date : |
01.08.2007 |
IDENTIFICATION DETAILS
|
Name : |
MAGHREBINE
DE COMMERCE ET DE NEGOCE |
|
|
|
|
Registered Office : |
Rue
Benmimoun Youcef, Khessiba,
Mascara 29001 |
|
|
|
|
Country : |
Algeria |
|
|
|
|
Date of Incorporation : |
12/02/1995 |
|
|
|
|
Com. Reg. No.: |
99B0662134 |
|
|
|
|
Legal Form : |
Private
Limited Company |
|
|
|
|
Line of Business : |
The company
is involved within importation and distribution of materials and products of industrial
and agricultural use. |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
Undetermined |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Unknown |
name
MAGHREBINE DE
COMMERCE ET DE NEGOCE
Registration Briefing
Registration Number: 99B0662134
Registration Date: 12/02/1995
Legal Form: PRIVATE LIMITED CO
Latest Financials: N/A
Financial Briefing
Nominal
Capital: 660,000,000 Algerian Dinars
Issued
Capital: 660,000,000 Algerian Dinars
Turnover: N/A
Net Profit: N/A
Net Worth:
Rating Briefing
Current Rating: NN
Former Rating: N/A
Current Recommended Credit: N/A
Former Recommended Credit: N/A
Rating Trend: RATING TRENDS CANNOT BE
CONFIRMED
Payment Record: NO COMPLAINTS
Original Investigation Details
Company Name: MAGHREBINE DE COMMERCE ET DE NEGOCE
Country: AG
Street Name: 2 RUE YKHLEF BELAIF
City Code: MASCARA
Phone Number: 21324467847
Fax Number: 21324467846
Company Details
Company Name: MAGHREBINE DE COMMERCE ET DE NEGOCE
Also trades
as: M.C.N
Headquarter
Address: Rue Benmimoun Youcef,
Khessiba,
Mascara
29001,
Algeria
Telephone: +21324 467611
+21324
467847
Fax: +21324 462716
+21324 467846
Company was
originally started as a PRIVATE LIMITED CO on 12/02/1995
Registration & Legal Details
Current Legal
Form: PRIVATE
LIMITED CO
Registration
Address: Rue Benmimoun Youcef,
Mascara
29001
Registration
Number: 99B0662134
Registration
Date: 12/02/1995
Year/Date
Company Established: 12/02/1995
Capital
Currency: Algerian Dinars
Nominal
Capital: 660,000,000
Issued Capital: 660,000,000
Shareholders
Information on
Shareholders is not available/applicable
Principals
Name: Mr
Djilali MEDJADJI
Position
within the company: General Manager
Nationality: Algerian
Company Activities
Sic Codes: 5084 Wholesaler
of industrial machinery and equipment
The company is
involved within importation and distribution of materials and products of
industrial and agricultural use.
HQ Premises
Location: Residential Area
Branches
MCN MAGHREBINE
DE COMMERCE ET DE NEGOCE,
9 Zone
d'Activité Bousmail,
Bousmail,
Tipaza 42415,
Related Companies
Information on
Related Companies is not available/applicable
Financial Information
Financial
information is not available/applicable
Payments
Subject's
payments reported to be: NO
COMPLAINTS
Interview & Reporter Comments
Comment: We have been unable to
contact a company official.
We have sent
a fax/e‑mail/questionnaire however no reply has been received as of yet.
Reporter
Comment: Please be informed that we
obtained the supplied data via from the Algerian Economical
guide. Due
to the lack of data sources in the local territory, we were unable to gather
additional
information about this entity.
We could not
locate the company by using the given telephone numbers and another
number found
in the Algerian telephonic directory, the
used numbers are as follows:
+21324
467847: when we call, that sounds and that does not answer.
+21324
467846: We have sent a fax however no reply has been received as of yet
+21324
467611: this number do not function.
+21324
462716: this number do not function.
Please provide us with any further information so we can re investigate
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 |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average/normal. |
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 |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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%)