MIRA
INFORM REPORT
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Report Date : |
24th
January, 2007 |
IDENTIFICATION DETAILS
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Name : |
UNITED
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Registered Office : |
Immeuble
Doussoum, 11 Rue Cornice , |
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Country : |
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Date of Incorporation : |
2004
(not confirmed) |
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Legal Form : |
Limited
Liability Company |
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Line of Business : |
Believed
to be trading in general merchandise. |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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Status : |
Undetermined |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
COMPANY NAME
UNITED
ADDRESS
Building
: Immeuble Doussoum
Street : 11 Rue Cornice
Area :
Town :
Country :
Telephone :
(221) 842 5192 / 510 7073
Fax : (221) 823 1785
PAYMENTS
Current
trade experience of payments has not been traced.
Our
sources were unable to contact subject directly and update the information within
this report.
Our show
the following telephone and fax numbers for the subject's office, Tel: (221)
842 5192 / 510 7073 and Fax: (221) 823 1785. The telephone numbers are out of
service. Several fax messages has been sent to the fax number, however hey have
gone unanswered.
No
alternative numbers are listed for the company.
Opinion
on maximum credit : In view of the above we have insufficient basis on which to
speak for unsecured credit and recommend dealing on fully secured terms for all
transactions pending fuller knowledge.
Trade
risk assessment : No classification
Opinion
on the credit figure of EURO 300,000 :
See
above comments.
It is
normal accepted practice for international suppliers to deal on secured terms
with Senegalese importers.
PRINCIPAL BANKERS
NAME :
BANK OF
Branch :
Residence Excellence
Street :
4, Avenue Léopold Sédar
PO
Box :
1992
Town :
Telephone : (221) 849 6240 / 849 6247 / 849 6254
Fax :
(221) 842 1667
SWIFT :
BOAFSNDA
Acc No :
K010001001001061780006/48
FINANCIAL INFORMATION
Balance
sheets are not available. Financial information could not be obtained from
other sources.
LEGAL STATUS AND HISTORY
Date
Started : 2004 (not confirmed)
Capital : not given
Subject
is believed to be a Societe a
Responsibilite Limitee (limited liability company) with the following
shareholders :
Details
of subject's shareholders could not be obtained from the Companies Registry or
other sources.
ACTIVITIES
The
Company is involved in the following activities :
Believed
to be trading in general merchandise.
FACILITIES
The
Company has the following facilities :
Office
premises 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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