MIRA
INFORM REPORT
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Report Date : |
6th
January, 2007 |
IDENTIFICATION
DETAILS
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Name : |
ALPHA DIFFUSION SARL |
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Registered Office : |
Avenue De La Liberte - Rue 56 - Secteur 12, P.O. Box: 6591, Ouagadougou, Burkina Faso |
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Country : |
Burkina
Faso |
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Date of Incorporation : |
2001 |
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Com. Reg. No.: |
2001B1020 |
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Legal Form : |
Limited
Liability Company |
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Line of Business : |
Importers, retailers and wholesalers of general I.T. items such as
computers, modems, printers, monitors, scanners, floppy discs and CDRoms and
office furniture. |
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 : |
CFA Fr
100,000,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No
Complaints |
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Litigation : |
Clear |
COMPANY NAME
ALPHA
DIFFUSION SARL
ADDRESS
Street : Avenue De La Liberte - Rue 56 - Secteur 12
P.O.
Box : 6591
Town : Ouagadougou
Country : Burkina Faso
Telephone :
(226) 5031 3612 / 5031 5986 / 5031 7057 /7021 2354 (mobile)
Fax : (226) 5031 6537
E-Mail : alphadiffusion@fasonet.bf
Also
Known As : Compaore Rasmane
SENIOR COMPANY PERSONNEL
Name Position
1.
Rasmane Campaore Managing Director
2.
Martial Boni Financial Manager
Total
Employees : 31
PAYMENTS
No
complaints have been heard regarding payments from local suppliers or banks.
We
consider it is acceptable to deal with subject for MEDIUM amounts, although it
is normal accepted practice for international suppliers to deal on secured
terms with Burkina Faso importers.
Opinion
on maximum credit : CFA Fr
100,000,000
Trade
risk assessment : Normal
PRINCIPAL BANKERS
NAME :
SOCIETE GENERALE DE BANQUES SA
Branch :
4 Rue du Marche
Town :
Ouagadougou
Telephone : (226) 323232
The
comapny also has an account with the following banks :
1.
Caisse Nationale de Credit Agricole du Burkina
PO
Box 1644
Ouagadougou
Telephone : (226) 5030 2488 / 5030 2162
Fax :
(226) 5031 4352
2.
Bank of Africa
770
av. de la Resistance du 17 Mai
PO
Box 01 BP 1319
Ouagadougou
Telephone : (226) 5030 8871 / 5030 8872
Fax :
(226) 5030 8873
3.
EcobanK Burkina
633,
rue Maurice Bishop
PO
Box 145
Ouagadougou
01
Telephone : (226) 5031 8975 / 5031 8980
Fax :
(226) 5031 8981
4.
Banque Sahelo Saharienne pour l'Investissement et le Commerce
Avenue
Kwame Krumah
10
BP 13701
Ouagadougou
Telephone : (226) 5032 8401
Fax :
(226) 5030 2122
FINANCIAL INFORMATION
Balance
sheets are not available. However, subject interviewed
offered
the following information :
Sales
Turnover : CFA Fr 563,000,000 - 1998 - exact
: CFA Fr 980,000,000 - 1999 - exact
: CFA Fr
1,000,000,000 - 2000 - exact
: CFA Fr
1,500,000,000 - 2001 - exact
: CFA Fr 12,437,846,922 - 2002 - exact *
: CFA Fr 13,989,522,055 - 2003 - exact *
: CFA Fr 14,000,000,000 - 2004 - approx
: CFA Fr 14,000,000,000 - 2005 - exact
Net
Profit : not given
- 1998 - 2002
: CFA Fr 127,547,322 - 2002 - exact
: CFA Fr 135,422,035 - 2003 - exact
: not given - 2004
: CFA Fr 165,000,000 - 2005 - exact
Total
Invested Capital : CFA Fr 31,216,805 -
2002 - exact
: CFA Fr 67,576,204 - 2003 - exact
Total
of stock held : CFA Fr 11,470,724 - 2002 - exact
: CFA Fr 12,620,500 - 2003 - exact
Financial
year ends 31 December.
*
sharp increase in sales turnover is due to large demand of equipment from
Ministries.
LEGAL STATUS AND HISTORY
Date
Started : 2001
C.R.
No. : 2001B1020
Fiscal
ID : 72206507E
Capital
: CFA Fr 40,000,000
(increased to CFA Fr 40,000,000 in April 2002)
Societe
A Responsabilite Limitee (Limited Liability Company) with the following
shareholders :
Shares
Held
1.
Rasmane Compaore 1,200,000
2.
An-Noura Compaore 400,000
3.
Boubare Compaore 200,000
4.
Korotini Compaore 200,000
ACTIVITIES
The
Company is involved in the following activities :
Importers,
retailers and wholesalers of general I.T. items such as computers, modems,
printers, monitors, scanners, floppy discs and CDRoms and office furniture.
Clients
include the following banks : Banque Mondiale, BADL BID.
Subject
also imports and distributes medical equipment. Subject is now also engaged in
the manufacture of some medical equipment.
Its
principal clients are the Health Ministry, the Animal Resources Ministry and
the Higher Education and Scientific Research Ministry.
Imports
from France and Tunisia.
FACILITIES
The
Company has the following facilities :
Rented
offices, retail outlet and storage facilities located at the heading address.
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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