MIRA
INFORM REPORT
|
Report Date : |
20th
January, 2007 |
IDENTIFICATION
DETAILS
|
Name : |
SOCIETE FOKOU FOBERD
SARL |
|
|
|
|
Registered Office : |
Boulevard Leclerc a
Cote de Mitcham, Quartier Mokolo, P.O. Box :
695, Yaounde Messa, Yaounde, Cameroon |
|
|
|
|
Country : |
Cameroon |
|
|
|
|
Date of Incorporation : |
1984 |
|
|
|
|
Legal Form : |
Limited
Liability Company |
|
|
|
|
Line of Business : |
Importers, wholesalers
and retailers of building materials, food
products, household appliances and furniture. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
Maximum Credit Limit : |
CFA Fr
60,000,000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
COMPANY NAME
SOCIETE FOKOU FOBERD SARL
ADDRESS
Street : Boulevard Leclerc a Cote de Mitcham
Area : Quartier Mokolo
P.O. Box :
695, Yaounde Messa
Town : Yaounde
Country : Cameroon
Telephone :
(237) 223 1117 / 223 0411 / 231 4005 / 231 0467 / 223 2303
Fax : (237) 223 2448 / 223 2303 / 223 0419
E-Mail : sfokou@iccnet2000.com / fokou@cammet.com /
secfokou@yahoo.fr
Formerly Known As : Ets Fokou Bernard
Also Known As : Societe Fokou
SENIOR COMPANY PERSONNEL
Name Position
1. Bernard Fokou President / Managing Director
2. Francois Takou Commercial Director
3. Lucas Fondjo Financial Director
4. Joseph Tabuchi Accountant
5. Mr Kegne Accountant
6. David Sow Assistant Director
Total Employees : 250
PAYMENTS
No complaints have been
heard regarding payments from local suppliers or banks.
Subject is a member of
the Fokou Group, headquartered in Cameroon, with members also in Congo, Gabon,
Chad and Central African Republic.
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
Cameroon importers.
Opinion on maximum credit
: CFA Fr 60,000,000
Trade risk assessment : Normal
PRINCIPAL BANKERS
NAME :
SOCIETE GENERALE DE BANQUE AU CAMEROUN SA (SGBC)
Branch :
Yaounde - Hotel de Ville
Street :
Hotel de Ville
PO Box :
244
Town :
Yaounde
Telephone : (237) 221 1166
Fax :
(237) 221 1157
Subject also has an
account with the following bank :
SCB - Credit Lyonnais
Cameroun
Avenue Mgr Vogt No. 220
BP 700
Yaounde
Tel : (237) 223 4005 / 223 2019 / 222 0378 /
222 4438
Fax : (237) 222 4132
FINANCIAL INFORMATION
Balance Sheets are not
available. However, the subject interviewed offered the following information :
Sales Turnover : CFA Fr 2,000,000,000 - 1994 - exact
: CFA Fr 3,000,000,000 - 1995 - exact
: CFA Fr 3,500,000,000 - 1996 - exact
: CFA Fr 3,500,000,000 - 1997 - exact
: CFA Fr 3,500,000,000 - 1998 - exact
: CFA Fr 3,700,000,000 - 1999 - approx
: not given
- 2000
: CFA Fr 3,500,000,000 - 2001 - approx
: CFA Fr 3,800,000,000 - 2002 - exact
: CFA Fr 3,500,000,000 - 2003 - exact
: CFA Fr 3,900,000,000 - 2004 - exact
: CFA Fr 4,000,000,000 - 2005 - estimated
Net Profit :
not given but stated to be profitable
Financial year ends 31
December.
LEGAL STATUS AND HISTORY
Date Started : 1984
History : The business originated in 1984
as proprietorship founded by Bernard Fokou, under the
style "Ets Fokou Bernard". In 1989 it was converted into a
Societe A Responsabilite
Limitee (Limited Liability Company) and adopted the present style.
Authorised & Paid up
Capital : CFA Fr 100,000,000
(increased from CFA
Fr 20,000,000 in 1994)
Societe A Responsabilite
Limitee (Limited Liability Company) with the following sole shareholder :
Groupe Fokou SA 100 %
Quartier Mokolo
BP 695
Yaounde
Cameroon
Tel : (237) 223 1117 / 223 0411
Fax : (237) 223 2303
Main shareholder :
Bernard Fokou
Affiliated companies of Societe Fokou Foberd SARL :
Associates
Subject is a member of
the Fokou Group, which also include :
1. Foberd Congo SARL
Avenue Generale de Gaulle
BP 4230
Pointe Noire
People's Republic of Congo
Tel :
(242) 948 166 / 5597 588 (mobile)
Fax :
(242) 948 166 / (873) 762 742 219 (satellite)
2. Foberd SARL
Quartier Louis
BP 18228
Libreville
Gabon
Tel :
(241) 735 375 / 765 731
Fax :
(241) 735 374
3. Foberd Centrafrique
SARL
Avenue David Dacko
BP 2984
Bangui
Central African Republic
Tel :
(236) 617 914 / (236) 507746 (mobile)
Fax :
(236) 619 614
4. Foberd Tchad SARL
Immeuble Settee
Avenue du General Charles de Gaulle
En Face de l'Ambassade du Nigeria
BP 753
N'Djamena
Chad
Tel :
(235) 522 727 / (235) 278 944 (mobile)
Fax :
(235) 523 042
E-Mai : foberd.tchad@intnet.td
5. Sofavinc
6. SCTB
7. Les Acieries du
Cameroun SARL
Zone Industrielle
BP 5422
Douala
Cameroon
Tel :
(237) 340 7713 / (237) 9934 721 (cellular)
Fax :
(237) 340 7717
E-Mail : acierieslam@yahoo.fr
Est. in 1986
(smelting works)
8. Gaz Industriel et
Medicaux (GIM)
9. Cablerie
10. Smalto
BP 5422
Douala
Cameroon
Tel :
(237) 337 3078
Fax :
(237) 337 2797
Est. :
in 1997
Reg No.
: 7905601-V
(manufacturers, distributors and exporters
of industrial paints)
11. Societe de
Fabrication des Materiaux de Construction SARL
(SOFRAMAC)
BP 695
Yaounde
Tel :
(237) 221 3420 / 221 3419/ 221 3418
Fax :
(237) 223 2303 / 223 2448
E-Mail :
societefokoufecpa@iccnet.cm
12. Foberd BTP
13. Logistique
14. Office de Courtage et
d'Assurance (OCA)
15. Sotrascam
ACTIVITIES
The Company is involved
in the following activities :
Importers, wholesalers
and retailers of building materials, food
products, household appliances and furniture.
Construction company
specialising in residential buildings.
Imports from France,
Italy, Germany, Austria, UK, Brazil and Malaysia.
FACILITIES
The Company has the
following facilities :
Administrative offices,
workshop and storage facilities located at the heading addrress.
Subject has 1 commercial
office in Douala and 2 regional offices in Garou and Bafoussam as well as 39
branch offices throughout Cameroon.
BRANCH OFFICES
1. Blvd Rudolph Manga
Bell
BP 5422
Douala
Tel :
(237) 340 1434 / 340 1439 / 340 1441
Fax :
(237) 340 1436
E-mail :
stefokousercom@iccnet2000.com
2. BP 411
Garoua
3. BP 1157
Bafoussam
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 |
|