MIRA
INFORM REPORT
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Report Date : |
19.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
COMPTOIR BURKINABE DU BATIMENT SARL |
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Registered Office : |
P. O Box 5560 Ouagadougou 02 |
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Country : |
Burkina Faso |
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Date of Incorporation : |
01/03/95 |
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Com. Reg. No.: |
14321B |
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Legal Form : |
Limited
Liability Company, Limited by shares |
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Line of Business : |
Retailers of
hardware and Construction materials |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 80,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
COMPANY REPORTED
COMPTOIR BURKINABE DU BATIMENT SARL
Other Name
CBB
Principal Address
P. O Box 5560 Ouagadougou 02 Burkina Faso
Telephone: +226-50316177,50305334,50316178
Fax: +226-316178
Email: None
Internet: None
Established
01/03/95
Registration
No. 14321B Burkina Faso
Pin Number
9402516F
Legal Form
limited Liability
company, Limited by shares
Stock Listing
Not Listed
Workforce
2006
60
Office & Factories
Head offices Avenue Nelson Mandela, Ouagadougou, Burkina Faso
Branches None
Company Profile
Paid in Capital CFA. 15,000,000
Subscribed Capital CFA. 15,000,000
Shareholders
Name Position Amount Ratio
Mr. A O
Amadou Director
Mr. M Badiane Director
Mr. D Matar Director
Total 100.00%
Credit Opinion
Our proposed credit amount of USD 80,000 is recommendable
Affiliated Companies
None Stated
Management/ Directors
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President/
CEO (1) |
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Name |
Mr. A O Amadou |
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Remarks |
Top Decision Maker |
Þ Top decision maker is the person who has the ultimate authority or power to make important managerial decisions. He/She may or may not be officially registered as a president or an executive director.
Business Activities
Retailers of
hardware and Construction materials
Terms of payment
Buying terms 30% in cash, 70% on credit
Selling terms 80% in cash, 20% on credit
Suppliers
None Stated
Customers
Local agencies, stores and
outlets
Recent Sales
CFA. 420,000,000
(2006)
Exports
None
Export Ratio 0.0%
Import Ratio 40.0%
Domestic Market Share 25.0%
Banking relationship
Main Banks Eco Bank
Credit Check of Subject,
President & CEO
(as of report date)
Payment Morale : In the documents at our
disposal nothing adverse has been shown so far.
CREDIT RATING : Financial situation is
average.
COMMENTS
Maximum credit we recommend is USD 80,000 outstanding at any one time.
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. |
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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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%)