MIRA
INFORM REPORT
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Report Date : |
17.04.2008 |
IDENTIFICATION
DETAILS
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Name : |
MOUSSE
DU SENEGAL SARL |
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Registered Office : |
Bp 22902 |
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Country : |
Senegal |
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Date of Incorporation : |
12.10.1989 |
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Com. Reg. No.: |
41621 Senegal |
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Legal Form : |
Limited Liability Company, Limited by Shares |
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Line of Business : |
Manufacturers and Distributors of Plastic Products, Packaging
Materials, Distributors of Household Products, Textiles etc |
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 : |
USD 80,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
name of the company
MOUSSE
DU SENEGAL SARL
Principal Address
Bp 22902 Senegal
Telephone: +221-8349733/ 8349734
Fax: +221-8349734
Email: None
Internet: None
Established
12/10/1989
Registration
No. 41621 Senegal
Legal Form
Limited Liability
Company, Limited by shares
Stock Listing
Not Listed
Workforce
2007
100
Office & Factories
Head offices KM 14 Boulevard Du Centenaire De La Commune
De Dakar, Senegal
Branches One
Company Profile
Paid in Capital CFA. 100,000,000
Subscribed Capital CFA. 100,000,000
Shareholders
Name Position Amount
Ratio
Mr. camara
bah Director
Mr. Fala Diop Director
Other Shareholders Shareholders 100.00%
Total 100.00%
Credit Opinion
Our proposed credit amount of USD 80,000 is recommendable
Affiliated Companies
None
Management/ Directors
President/ CEO (1)
Name Mr.
camara bah
Remarks Top
Decision Maker
Þ
Top decision maker is the person who has the ultimate authority or power
to make important managerial decisions. He/She may or may not be officially
registered as a president or an executive director.
Business Activities
Manufacturers
& Distributors of Plastic Products, packaging materials, distributors of
Household Products, Textiles etc
Terms of payment
Buying
terms 30% in cash, 70% on credit
Selling
terms 80% in cash, 20% on credit
Suppliers
None
Customers
Stores and outlets
Recent Sales
CFA.
2,400,000,000 (2007)
Exports
None
Export Ratio
0.0%
Import Ratio
20.0%
Domestic Market Share
30.0%
Banking relationship
Main Banks BOA Bank
Credit Check of Subject,
President & CEO (as of report date)
Payment Morale: In the documents at our disposal nothing adverse has been shown
so far.
CREDIT RATING: Financial situation is average.
COMMENTS
Maximum credit we recommend is USD 80,000 outstanding at any one time.
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. |
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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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%)