MIRA
INFORM REPORT
|
Report Date : |
05.12.2008 |
IDENTIFICATION
DETAILS
|
Name : |
BAZELLE |
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Registered Office : |
Quai De Guinee 76600 Le Havre |
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Country : |
France |
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Financials (as on) : |
31.03.2007 |
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Date of Incorporation : |
May 2002 |
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Com. Reg. No.: |
RCS Le Havre B 441794401 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Industriel Packaging, Containers and Soft Bags, Big Bags, Poly Bags, Woven
Bags, Sling Textills |
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 : |
(€) 45,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Company
Summary
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COMPANY DETAILS |
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Company Number |
44179440100014 |
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Name |
BAZELLE |
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Telephone |
02 35 21 22 24 |
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Fax |
02 35 22 52 03 |
|
Legal form |
Limited Liability Company |
|
RCS Registration |
RCS Le Havre B 441794401 |
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Share Capital |
76,000 |
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Incorporation Date |
05/2002 |
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Address |
QUAI DE GUINEE |
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Postcode |
76600 LE HAVRE |
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Nationality |
France |
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CREDIT
INFORMATION SUMMARY |
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Today's Credit Limit (€) |
45,000 |
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JUDGEMENTS
SUMMARY |
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No judgements against this company. |
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DIRECTORS
SUMMARY |
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Directorships |
1 |
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ACCOUNTS SUMMARY
(LAST 3 YEARS) |
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Accounts Date |
31/03/2007 |
31/03/2006 |
31/03/2005 |
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Turnover |
2,093,622 |
1,574,168 |
1,507,403 |
|
Networth |
373,718 |
340,934 |
303,698 |
|
Number of Employees |
3 to 5 employees |
- |
- |
Company
Information
|
COMPANY DETAILS |
|
|
Company Name |
BAZELLE |
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Company Number |
44179440100014 |
|
Activity (APE) |
Commerce de gros (commerce interentreprises) d'autres produits
intermédiaires |
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Activity (APRM) |
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Currency |
EURO (€) |
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Share capital |
76,000 |
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Registration Court |
Le Havre (76) |
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Legal form |
Limited Liability Company |
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Court Registry
Number |
02 B 00167 |
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EU VAT Number |
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Incorporation Date |
05/2002 |
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Formation Date |
04/2002 |
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Deregistration Date |
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Last account Date |
31/03/2007 |
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Nationality |
France |
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ESTABLISHMENT
DETAILS |
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Postal Address |
QUAI DE GUINEE, |
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Trading Address |
QUAI DE GUINEE, |
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Telephone |
02 35 21 22 24 |
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Fax |
02 35 22 52 03 |
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Type |
Head office (one site company) |
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Status |
Economically active |
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Formation Date |
04/2002 |
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Reason for formation |
Contribution |
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Closure Date |
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Reason for closure |
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Reactivation Date |
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Production Role |
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Activity Nature |
- |
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Activity Location |
Other |
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Location Service |
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Seasonality |
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OTHER
ESTABLISHMENTS |
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Branches |
1 branch entities in this company |
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Regionality |
Near mono-regional company: with multiple branches, having branches in
several regions, but at least 80% of workforce in only one region |
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Mono-activity status |
Legal unit of which all establishments have the same main activity |
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WORKFORCES |
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Workforce at address |
3 to 5 employees |
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Company workforce |
3 to 5 employees |
Accounts
& Ratios
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PROFIT &
LOSS |
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Account Date |
31/03/2007 |
% |
31/03/2006 |
% |
31/03/2005 |
|
Account period (month) |
12 |
- |
12 |
- |
12 |
|
Account Type |
Normal Account |
- |
Normal Account |
- |
Normal Account |
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Currency |
Euro |
- |
Euro |
- |
Euro |
|
Turnover |
2,093,622 |
33.0% |
1,574,168 |
4.4% |
1,507,403 |
|
Exports |
267,664 |
28.0% |
209,101 |
-41.2% |
355,613 |
|
Operating Charges |
1,874,391 |
31.8% |
1,422,078 |
3.0% |
1,381,130 |
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Operating Profit |
224,205 |
46.9% |
152,653 |
15.4% |
132,234 |
|
Financial Income |
2,292 |
4,067.3% |
55 |
-94.6% |
1,013 |
|
Financial Charges |
36,968 |
162.9% |
14,063 |
-5.6% |
14,895 |
|
Pre-Tax Profit |
189,529 |
36.7% |
138,645 |
17.1% |
118,351 |
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Extraordinary Income |
877 |
- |
0 |
-100.0% |
9,100 |
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Extraordinary Charges |
0 |
-100.0% |
1,008 |
41.2% |
714 |
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Net Profit |
132,784 |
36.6% |
97,235 |
8.6% |
89,527 |
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BALANCE SHEET |
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Account Date |
31/03/2007 |
% |
31/03/2006 |
% |
31/03/2005 |
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Assets |
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- Tangible assets |
16,443 |
-20.9% |
20,785 |
-17.3% |
25,121 |
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Intangible assets |
14,850 |
0.0% |
14,850 |
0.0% |
14,850 |
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Financial assets |
0 |
- |
0 |
- |
0 |
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Total fixed assets |
31,293 |
-12.2% |
35,636 |
-10.8% |
39,970 |
|
Stocks |
60,594 |
-6.2% |
64,620 |
1.1% |
63,900 |
|
Receivables |
430,477 |
102.7% |
212,398 |
-38.3% |
344,035 |
|
- Trade Receivables |
189,770 |
52.5% |
124,454 |
-54.9% |
276,031 |
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- Misc. Receivables |
240,707 |
- |
87,944 |
- |
68,004 |
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Cash |
123,131 |
-66.5% |
367,663 |
179.4% |
131,591 |
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Misc. Current Assets |
9,302 |
- |
|
- |
4,518 |
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Total Current Assets |
623,504 |
-3.3% |
644,681 |
18.5% |
544,044 |
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Liabilities |
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Trade Accounts Payable |
174,815 |
-30.1% |
249,973 |
5.4% |
237,135 |
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Bank Loans and Liabilities |
6,472 |
-29.3% |
9,159 |
3,102.4% |
286 |
|
Sundry Loan and Liabilities |
13,592 |
- |
14,773 |
- |
15,716 |
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Advanced Payments Received |
30,334 |
113.0% |
14,240 |
- |
0 |
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Tax and Social Liabilities |
55,865 |
18.7% |
47,054 |
76.2% |
26,709 |
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Miscellaneous Liabilities |
|
- |
|
- |
99 |
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Provisions for Risks & Charges |
0 |
-100.0% |
4,184 |
1,037.0% |
368 |
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Other Capital Resources |
0 |
- |
0 |
- |
0 |
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Share Capital |
76,000 |
0.0% |
76,000 |
0.0% |
76,000 |
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Revaluation Reserve |
0 |
- |
0 |
- |
0 |
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Other Reserves |
297,718 |
- |
264,934 |
- |
227,698 |
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Total Shareholders Funds |
373,718 |
9.6% |
340,934 |
12.3% |
303,698 |
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Total Assets |
654,797 |
-3.8% |
680,316 |
16.5% |
584,014 |
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Net Worth |
358,868 |
- |
326,084 |
- |
288,848 |
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RATIOS |
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Account Date |
31/03/2007 |
% |
31/03/2006 |
% |
31/03/2005 |
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Structure |
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Protection |
57.07% |
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50.11% |
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52.00% |
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Net Gearing |
3.06% |
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3.52% |
|
2.74% |
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Repayment Power |
14.30% |
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23.31% |
|
17.94% |
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Capital Requirement |
62.00 day |
|
76.00 day |
|
67.00 day |
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Working Capital Requirement |
41.00 day |
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-8.00 day |
|
35.00 day |
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Net Cash |
21.00 day |
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84.00 day |
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31.00 day |
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Performance |
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Return on Invested Capital |
717.00% |
|
452.00% |
|
333.00% |
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Return on Equity |
35.53% |
|
28.52% |
|
29.48% |
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Gross Profit |
17.74% Turnover |
|
18.63% Turnover |
|
16.90% Turnover |
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Growth v's Year Ago Qtr |
519,454€ |
|
66,765€ |
|
35,289€ |
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Inventory Returns |
0 |
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0 |
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0 |
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Receivables Days |
34.00 day |
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30.00 day |
|
67.00 day |
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Payable Days |
37.00 day |
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70.00 day |
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66.00 day |
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SIG |
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Profit |
100.00% Turnover |
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100.00% Turnover |
|
100.00% Turnover |
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Gross Profit |
17.74% Turnover |
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18.63% Turnover |
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16.90% Turnover |
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Wage and Salary distribution / Gross Profit |
36.22% Turnover |
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41.01% Turnover |
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44.17% Turnover |
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Gross Operating Surplus |
10.72% Turnover |
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10.24% Turnover |
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9.19% Turnover |
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Pre-tax Income |
9.05% Turnover |
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8.81% Turnover |
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7.85% Turnover |
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Net Profit/Loss |
6.34% |
|
6.18% |
|
5.94% |
Judgements
Collective Procedures
|
Courts |
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There are no Judgements filed against this company. |
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Rncs |
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There are no Judgements filed against this company. |
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Bodacc |
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There are no Judgements filed against this company. |
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Preferentials Rights |
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No social security and tax office preferential right to date. |
Group
Structure
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No group structure for this company. |
Event
history
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STATUS HISTORY |
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Date |
Description |
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04/01/2008 |
Economically active |
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Recent Publications in Gazettes |
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No status Gazette Publications for this company. |
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COMPANY EVENTS
HISTORY |
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Date |
Description |
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31/03/2007 |
New accounts available |
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31/03/2006 |
New accounts available |
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31/03/2005 |
New accounts available |
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31/03/2004 |
New accounts available |
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31/03/2003 |
New accounts available |
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25/04/2002 |
Statuts |
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25/04/2002 |
Rapport des Commissaires ou du Gérant |
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25/04/2002 |
Formation de Société |
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25/04/2002 |
Certificat de dépôt des fonds |
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25/04/2002 |
Acte sous seing privé |
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ESTABLISHMENT
EVENTS HISTORY |
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Date |
Description |
|
13/05/2008 |
Update Limit |
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13/05/2008 |
Update Rating |
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16/12/2007 |
Update Limit |
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10/12/2007 |
Update Limit |
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09/12/2007 |
Update Limit |
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08/12/2007 |
Update Rating |
Directors
|
Director |
|||
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Name |
M NAGY LUDOVIC |
Manager position |
Gérant |
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Date of birth |
02/10/1966 |
Place of birth |
ABIDJAN COTE D'IVOIRE |
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Type of manager |
Individual |
Name at birth of manager |
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FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.69 |
|
UK Pound |
1 |
Rs.72.96 |
|
Euro |
1 |
Rs.63.46 |
RATING EXPLANATIONS
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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 |
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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 |
|
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%)