MIRA
INFORM REPORT
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Report Date : |
01.08.2008 |
IDENTIFICATION
DETAILS
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Name : |
CAPRASEN SARL |
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Registered Office : |
Rue 9X16 Medina-BP 7969 Dakar |
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Country : |
Senegal |
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Date of Incorporation : |
21.04.2008 |
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Com. Reg. No.: |
No. SN-DKR-2008/B-6795 Dakar, Senegal |
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Legal Form : |
Limited Liability Company, Limited by shares |
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Line of Business : |
Importers &
Exporters of Food Stuffs and Other Miscellaneous Equipment |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
COMPANY REPORTED
CAPRASEN SARL
Registered Names
CENTRAL PURCHASE OF
FOOD PRODUCTS FROM SENEGAL
Principal Address
Rue 9X16 Medina-BP 7969 Dakar, Senegal
Telephone: +221-338212206
Fax: +221-338212206
Email: None
Internet: none
Established
21/04/2008
Registration
No.
SN-DKR-2008/B-6795 Dakar, Senegal
Legal Form
Limited Liability
Company, Limited by shares
Stock Listing
Not Listed
Workforce
100
Office & Factories
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Head offices |
Rue 9X16
Medina-BP 7969 Dakar, Senegal |
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Branches |
none |
Company Profile
Paid in Capital CFA. 1,000,000
Subscribed Capital CFA. 1,000,000
Shareholders
Name Position Amount
Ratio
Ms. Patricia Lake
Diop CEO 50.00%
Mr. Thierno Diallo
Mohamadou Director 50.00%
Total 100.00%
Credit Opinion
We propose Secured
credit
Affiliated Companies
none
Management/ Directors
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President/ CEO (1) |
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Name |
Ms. Patricia Lake Diop |
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Remarks |
Top Decision Maker |
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President/ CEO (2) |
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Name |
Mr. Thierno Diallo Mohamadou |
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
Importers &
exporters of food stuffs and other miscellaneous equipment
Terms of payment
Buying terms 30% in cash, 70% on credit
Selling terms 50% in cash, 50% on credit
Suppliers
Various
Customers
Distributors, stores and
outlets
Recent Sales
CFA. 150,000,000
Estimated (2008)
Exports
Neighboring
countries
Export Ratio
0.0%
Import Ratio
20.0%
Domestic Market Share
0.0%
Banking relationship
Main Banks BRS 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
We recommend secured credit.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs. 42.37 |
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UK Pound |
1 |
Rs. 84.01 |
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Euro |
1 |
Rs. 65.96 |
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%)