MIRA
INFORM REPORT
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Report Date : |
10.01.2007 |
IDENTIFICATION
DETAILS
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Name : |
LA CONGOLAISE DE PEINTURE SARL |
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Registered Office : |
Avenue Jacques Opango,
Zone Industrielle la Foire, P O Box 1184, Pointe Noire |
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Country : |
Congo, People's Republic of |
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Date of Incorporation : |
January
1998 |
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Legal Form : |
Limited
Liability Company |
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Line of Business : |
Manufacturers of paints. |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
CFA Fr
20,000,000 |
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Status : |
Satisfactory
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Payment Behaviour : |
No
Complaints |
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Litigation : |
Clear |
COmpany NAME
LA CONGOLAISE DE PEINTURE
SARL
ADDRESS
Street : Avenue Jacques Opango
Area : Zone Industrielle la Foire
P.O. Box :
1184
Town : Pointe Noire
Country : Congo, People's Republic of
Telephone :
(242) 947 423 / 947 437
Fax : (242) 947 423
Shortform Name
La Cope SARL
SENIOR COMPANY
PERSONNEL
Name Position
1. Jouassa Ndinga Managing Director
2. Serge Eaillet Accounts Manager
Total Employees
42
PAYMENTS
No complaints have been
heard regarding payments from local suppliers or banks.
We consider it is
acceptable to deal with subject for SMALL amounts, although it is normal
accepted practice for international suppliers to deal on secured terms with
Congo importers.
Opinion on maximum credit
: CFA Fr 20,000,000
Trade risk assessment :
Normal
PRINCIPAL BANKERS
NAME :
BANQUE COMMERCIALE INTERNATIONALE (BCI)
Branch :
Agence Centrale
Town :
Pointe Noire
Telephone : (242) 941 006 / 94 10 09
Fax :
(242) 940 995
The company also has an
account with:
LCB - La Congolaise De
Banque
Avenue Charles de Gaulle
BP 881
Telephone : (242) 942 490
Fax :
(242) 945 354
FINANCIAL INFORMATION
Balance sheets are not
available. However, the subject interviewed offered the following information :
Sales Turnover : CFA Fr 1,025,000,000 - 2006 - exact
Net Profit :
not given
LEGAL STATUS AND
HISTORY
Date Started : January 1998
Capital : CFA Fr 850,000,000 (increased
from CFA Fr 15,000,000 in 2001)
Societe a Responsibilite
Limitee (Limited Liability Company) with the following sole shareholder :
Jouassa Ndinga 100 %
ACTIVITIES
The Company is involved
in the following activities :
Manufacturers of paints.
Imports from France,
Italy and other European countries.
FACILITIES
The Company has the
following facilities :
Rented premises,
comprising offices and factory at the heading address.
BRANCH OFFICES
5 Rue Louis Trechot
Brazaville
Tel: (242) 815 946
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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