MIRA INFORM REPORT

 

 

 

 

Report Date :

04.04.2008

 

 

IDENTIFICATION DETAILS

 

Name :

CLINIQUE ES SAVA

 

 

Registered Office :

Llot Z, Lot N 18, par l’Avenue Charles De Gaulle, Nouakchott

 

 

Country :

Mauritania

 

 

Date of Incorporation :

01.06.1990

 

 

Com. Reg. No.:

546/13445

 

 

Legal Form :

Societe A Responsibilite Limitee

 

 

Line of Business :

Medical Practice Activities

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Small Company

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 

name of the company   

 

CLINIQUE ES SAVA

 

 

 

Registration Briefing

 

Registration Number:                                546/13445

 

Registration Date:                                    01/06/1990

 

Legal Form:                                             SOCIETE A RESPONSIBILITE LIMITEE

 

Latest Financials:                                     N/A

 

 

Financial Briefing

 

Nominal Capital:                                       100,000,000 Mauritanian Ouguiya

 

Issued Capital:                                         N/A

 

Turnover:                                                 168,560,680 Mauritanian Ouguiya

 

Net Profit:                                                N/A

 

Net Worth:                                               N/A

 

 

rating briefing

 

Current Recommended Credit :               3,511,681 Mauritanian Ouguiya

Payment Record:                                   NO COMPLAINTS

 

 

Company Details

     

Company Name:                                          CLINIQUE ES SAVA

Headquarter Address:                                   llot Z, Lot N 18, par l’Avenue Charles De Gaulle, Nouakchott,

                                                                  Mauritania

 

Telephone:                                                  +22252 41010

Fax:                                                            +22252 41040

E-Mail:                                                        clinique.essava@yahoo.fr

Company was originally started on 01/06/1990

 

 

 

 

 

 

Registration & Legal Details

 

Current Legal Form:                                   SOCIETE A RESPONSIBILITE LIMITEE

Registration Address:                                   llot Z, Lot N 18, par l’Avenue Charles De Gaulle, Nouakchott,

                                                                  Mauritania

Registration Number:                                  546/13445

Registration Date:                                      01/06/1990

Year/Date Company Established:                01/06/1990

Registration Town:                                     Nouakchott

Tax Registration Number:                           85712T

 

 

Capital

 

Currency:                                                                        Mauritanian Ouguiya

Nominal Capital:                                                               100,000,000

Paid Up Capital:                                                               100,000,000

 

Shareholders

 

Shareholders:

 

Name/Address                              Shares Held                   % of Voting/Non‑Voting capital

                                                                                           100.00% (VOTING)

Khatari Family,

Nouakchott,

Mauritania

 

 

Principals

 

Name:                                                       Mr Moktar Ould Khatari

Position within the company:                      General Manager

Date of Birth:                                             1961

Country of Birth:                                         Mauritania

Nationality:                                                Mauritanian

Can fluently speak:                                    French

 

Name:                                                       Mr Mohammed Ould Khatari

Position within the company:                      Financial Director

Country of Birth:                                         Mauritania

Nationality:                                                Mauritanian

Can fluently speak:                                    French

 

 

Name:                                                       Dr Yahya Ould Mannah

Position within the company:                      Technical Director

Country of Birth:                                         Mauritania

Nationality:                                                Mauritanian

Can fluently speak:                                    French

 

Company Activities

 

NACE Codes:          8512          Medical practice activities

 

The company is a private clinic that provides medical care to the public with 22 hospital beds, internal medicine, general medicine, gynecology, dentistry, radiology and medical laboratory.

 

Local Reporters consider the investigated company to be MEDIUM in their field of concern.

 

 

Operations

 

Employees                                               Company Employs: 5

                                                                Part time staff: 8

 

HQ Premises                                            Operates from:           Owned Office

                                                                Premises Size:          480square meters

                                                                Other Description:      Clinic

                                                                Location:                   Central Business Area, Side Road

 

 

import

 

Import from:                   Import finished Goods

Importing Terms:            Morocco, Senegal

Additional information:    Bank transfer, Cash

 

 

Exports

 

Export % and type of product:                     Subject does not export

 

 

Trading & Selling

 

 

Territory:                                                   100% Nationally

Type of Customer:                                      General Public

Number of accounts:                                  65,904

Vehicles:                                                   Total number of vehicles: 6

                                                                1 trucks

                                                                5 cars

 

 

Related Companies  

 

Information on Related Companies is not available/applicable

 

 

Bankers

 

Banque pour le Commerce et l’Investissement en Mauritanie: BACIM BANK,

Branch: Head office

BP 903,

Nouakchott

Mauritania

 

Account Number:           0004817 0007

 

Chinguitty Bank,

Branch: Head office

Avenue Gamal Abdel Nasser, BP 626,

Nouakchott,

Mauritania

 

Account Number:           79033

 

 

Financial Information

 

Sources:                       Mr Mohamed Ould Khattary Financial Director

Figures are:                   Official Figures

Currency:                      Mauritanian Ouguiya

 

Months             Sales Figures               Sales               Gross Profit/Loss          Net Profit/Loss

12                     31.12.2007                    168,560,680,00

12                     31.12.2006                    143,314,200.00

12                     31.12.2005                    129,415,741.00

 

Payments

 

Subject's payments reported to be:              NO COMPLAINTS

 

 

Representation

 

Auditors:                                                   Cabinet BECICA

                                                                llot K,  Villa N 57, Nouakchott

                                                                Tel: 00 222 525 6153

                                                                       

 

Interview & Reporter Comments

 

Name/Title:                                                Mr Moktar Khatari Manager

Comment:                                                 Subject has confirmed the general details shown in the report.

 

 

Expansion Plans:                                       A Nephrology centre is being established in ES SAVA clinic.

 

 

Conclusions

 

Local Reputation:                                       The company being investigated is considered by local reporters to be a Fair / Normal  Trade Risk.

 

General Conclusion:                                   Local informants consider granting of credit to be a fair trade risk.

 

Owner/Shareholders Comments:                 Some of the owners / shareholders have an active participation in the running of the business.

Financial Result:                                        Financial information indicated that the business activities of the company are showing an upward turn.

 

Age of Business:                                       The company is a long established family run business.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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.

 

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

 

 

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions