MIRA
INFORM REPORT
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Report Date : |
06.12.2008 |
IDENTIFICATION
DETAILS
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Name : |
JAYRICHMAN CONSULTANTS SA |
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Registered Office : |
5th Floor Jay Bldg C/1010 Zone D'Mabassoe |
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Country : |
Benin Republic |
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Date of Incorporation : |
05.12.1990 |
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Com. Reg. No.: |
1402-691 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Supplier of all kinds of products based on the
demands of it’s clients such as in Pre-Paid Cards, SIM CARD, Phone Cards,
foodstuffs like alcoholic beverages, wines, energy drinks, canned foods |
RATING &
COMMENTS
|
MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
USD 3,000.00 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Company
Name
Jayrichman Consultants SA
Company acronym: -
Contact Information
|
Address |
5th Floor Jay Bldg C/1010 Zone D'Mabassoe Benin Republic |
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Mobile |
+229 97 89720 |
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Tel/Fax |
+229 21 390341 |
Registration Data
|
Date of Registration |
12/05/1990 |
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Registration number |
1402-691 |
|
Legal address |
5th Floor Jay Bldg C/1010 Zone D'Mabassoe Benin Republic |
|
Legal Form |
Joint Stock Company |
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Share Capital |
5,000,000.00 XOF |
Shareholders
with Shares
It declined all shareholder information.
Board/Executive
|
Name |
Mr. Jay Richman Okute |
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Position within the company |
General Manager |
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Can fluently speak |
French |
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Name |
Mrs. Jessica Markson |
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Position within the company |
Director |
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Can fluently speak |
French, English |
Changes in
Registration Data
None recorded
Activities (
realistic and officials)
Supplier of all kinds of products based on the
demands of it’s clients such as in Pre-Paid Cards, SIM CARD, Phone Cards, foodstuffs
like alcoholic beverages, wines, energy drinks, canned foods
Staff
|
Number of staff employed |
6 |
Export/Import
( Countries, goods and total values for the period)
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Imports From |
Worldwide |
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Importing Terms |
Letters of Credit |
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Import % and type of product |
100%- Finished products |
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Exports To |
- |
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Exporting Terms |
- |
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Export % and type of product |
- |
Facilities
|
Rented |
Office |
Bankers
|
Bank |
Commercial Bank of Africa |
Suppliers,
Partners
|
Suppliers |
Not known |
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Partners |
Not Known |
Litigation,
Remarks on Payment
|
Litigation |
None Recorded |
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Remarks on Payment |
No Complaints |
Financial
Information
It declined all financial information.
Reporter Comments
|
Comments |
In the interview with Mrs. Jessica
Markson ( Director), she declined the
financial information and bank accounts citing the grounds of company
confidentiality. |
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Local Reputation |
The company being investigated is believed by local reporters to be a High Trade Risk and to be
secured. The company is not known on Benin market. |
|
Owner/Shareholders Comments |
Some of the owners / shareholders have an active participation in
the running of the business. |
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Age of Business |
Old Business |
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MAX CREDIT |
USD 3,000.00 |
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.22 |
|
UK Pound |
1 |
Rs.75.03 |
|
Euro |
1 |
Rs.63.14 |
RATING
EXPLANATIONS
|
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%)