MIRA
INFORM REPORT
|
Report Date : |
09.12.2008 |
IDENTIFICATION
DETAILS
|
Name : |
CENTRALE D ACHATS ZANNIER |
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|
|
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Registered Office : |
Clos Marquet,
Zone Industrielle, 42400 Saint Chamond |
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Country : |
France |
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Financials (as on) : |
31.12.2007 |
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Date of Incorporation : |
December, 1994 |
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Com. Reg. No.: |
RCS Saint-Etienne B 399235837 |
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Legal Form : |
Partnership |
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Line of Business : |
No central purchasing Food |
RATING &
COMMENTS
|
MIRA’s Rating : |
Aa |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
(€)2,000,000 |
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|
|
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Status : |
Very Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Company Summary
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Company Details |
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Company Number |
39923583700016 |
|
Name |
CENTRALE D ACHATS ZANNIER |
|
Legal form |
Partnership |
|
RCS Registration |
RCS Saint-Etienne B 399235837 |
|
Share Capital |
30,000,000 |
|
Address |
CLOS MARQUET, ZONE INDUSTRIELLE |
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Postcode |
42400 SAINT CHAMOND |
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Nationality |
France |
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Credit Information Summary |
||
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Today’s Credit Limit (€) |
2,000,000 |
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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 |
0 |
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Accounts Summary (last 3 years) |
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Accounts Date |
31/12/2007 |
31/12/2006 |
31/12/2005 |
|
Turnover |
284,203,943 |
301,419,759 |
271,783,239 |
|
Networth |
30,165,912 |
30,971,456 |
20,924,174 |
|
Number of Employees |
100 to 199 employees |
- |
- |
Company Information
|
company details |
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Company Name |
CENTRALE D ACHATS ZANNIER |
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Company Number |
39923583700016 |
|
Activity (APE) |
Centrales d’achat non alimentaires |
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Currency |
EURO (€) |
|
Share capital |
30,000,000 |
|
Registration Court |
Saint-Etienne (42) |
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Legal form |
Partnership |
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Court Registry Number |
94 B 00731 |
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EU VAT Number |
FR23399235837 |
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Formation Date |
12/1994 |
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Last account Date |
31/12/2007 |
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Nationality |
France |
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Establishment details |
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Postal Address |
CLOS
MARQUET,ZONE INDUSTRIELLE |
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Trading Address |
CLOS
MARQUET,ZONE INDUSTRIELLE |
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Type |
Head office |
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Status |
Economically active |
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Formation Date |
12/1994 |
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Reason for formation |
Purchase |
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Activity Nature |
Manufacture, production |
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Activity Location |
Workshop |
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Other establishments |
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Branches |
19 branch entities in this company |
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Regionality |
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Mono-activity status |
Legal unit with several establishments of
which main activities are distributed in several NAF classes, one of these
activities gathering 80 to 99% of workforce |
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Workforces |
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Workforce at address |
0 employee |
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Company workforce |
100 to 199 employees |
Accounts & Ratios
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Profit & Loss |
|||||
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Account Date |
31/12/2007 |
% |
31/12/2006 |
% |
31/12/2005 |
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Account period (month) |
12 |
- |
12 |
- |
12 |
|
Account Type |
Normal Account |
- |
Normal Account |
- |
Normal Account |
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Currency |
Euro |
- |
Euro |
- |
Euro |
|
Turnover |
284,203,943 |
-5.7% |
301,419,759 |
10.9% |
271,783,239 |
|
Exports |
66,528,110 |
8.0% |
61,607,716 |
5.0% |
58,676,211 |
|
Operating Charges |
286,641,787 |
-6.2% |
305,476,304 |
12.0% |
272,630,069 |
|
Operating Profit |
-291,149 |
-136.0% |
807,793 |
-77.0% |
3,512,752 |
|
Financial Income |
1,960,516 |
57.6% |
1,244,245 |
46.6% |
848,489 |
|
Financial Charges |
1,283,665 |
8.1% |
1,187,577 |
-55.9% |
2,694,379 |
|
Pre-Tax Profit |
385,702 |
-55.4% |
864,461 |
-48.1% |
1,666,863 |
|
Extraordinary Income |
72,880 |
-96.8% |
2,312,900 |
2,918.5% |
76,624 |
|
Extraordinary Charges |
297,053 |
-86.6% |
2,209,121 |
168.6% |
822,529 |
|
Net Profit |
161,529 |
-83.3% |
968,240 |
5.1% |
920,958 |
Balance
Sheet
|
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Account Date |
31/12/2007 |
% |
31/12/2006 |
% |
31/12/2005 |
|
Assets |
|||||
|
- Tangible assets |
2,815,194 |
-13.1% |
3,239,095 |
39.8% |
2,316,324 |
|
Intangible assets |
22,217 |
-40.2% |
37,171 |
80.1% |
20,635 |
|
Financial assets |
668,884 |
9.5% |
611,026 |
14.6% |
533,288 |
|
Total fixed assets |
3,506,296 |
-9.8% |
3,887,293 |
35.4% |
2,870,247 |
|
Stocks |
27,052,000 |
-5.7% |
28,690,438 |
-0.9% |
28,961,001 |
|
Receivables |
112,314,742 |
-7.0% |
120,745,424 |
50.8% |
80,058,551 |
|
- Trade Receivables |
71,027,942 |
-18.1% |
86,688,433 |
25.3% |
69,192,118 |
|
- Misc. Receivables |
41,286,800 |
- |
34,056,991 |
- |
10,866,433 |
|
Cash |
1,010,677 |
662.4% |
132,571 |
-57.9% |
314,640 |
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Misc. Current Assets |
-1 |
- |
1 |
- |
-1 |
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Total Current Assets |
140,377,418 |
-6.1% |
149,568,434 |
36.8% |
109,334,191 |
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Liabilities |
|||||
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Trade Accounts Payable |
79,985,601 |
3.9% |
77,019,993 |
25.9% |
61,180,827 |
|
Bank Loans and Liabilities |
6,559,835 |
-39.4% |
10,817,918 |
98.0% |
5,462,542 |
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Sundry Loan and Liabilities |
|
- |
|
- |
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Advanced Payments Received |
0 |
-100.0% |
600,000 |
-14.3% |
700,000 |
|
Tax and Social Liabilities |
3,259,155 |
-48.7% |
6,350,513 |
-21.1% |
8,047,932 |
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Miscellaneous Liabilities |
23,042,964 |
- |
26,624,115 |
- |
13,390,579 |
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Provisions for Risks & Charges |
837,466 |
-24.2% |
1,104,150 |
-55.9% |
2,506,198 |
|
Other Capital Resources |
0 |
- |
0 |
- |
0 |
|
Share Capital |
30,000,000 |
0.0% |
30,000,000 |
50.0% |
20,000,000 |
|
Revaluation Reserve |
0 |
- |
0 |
- |
0 |
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Other Reserves |
165,912 |
- |
971,456 |
- |
924,174 |
|
Total Shareholders Funds |
30,165,912 |
-2.6% |
30,971,456 |
48.0% |
20,924,174 |
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|
|||||
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Total Assets |
143,924,031 |
-6.3% |
153,557,384 |
36.8% |
112,212,253 |
|
Net Worth |
30,143,695 |
- |
30,934,285 |
- |
20,903,539 |
Ratios
|
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Account Date |
31/12/2007 |
% |
31/12/2006 |
% |
31/12/2005 |
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Structure |
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Protection |
20.96% |
|
20.17% |
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18.65% |
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Net Gearing |
4.56% |
|
7.04% |
|
4.87% |
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Repayment Power |
0 |
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0 |
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0 |
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Capital Requirement |
35.00 day |
|
34.00 day |
|
27.00 day |
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Working Capital Requirement |
42.00 day |
|
46.00 day |
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34.00 day |
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Net Cash |
-7.00 day |
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-13.00 day |
|
-7.00 day |
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Performance
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Return on Invested Capital |
264.00% |
|
259.00% |
|
398.00% |
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Return on Equity |
0.54% |
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3.13% |
|
4.40% |
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Gross Profit |
8.23% Turnover |
|
10.60% Turnover |
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12.20% Turnover |
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Growth v's Year Ago Qtr |
-17,215,816€ |
|
29,636,520€ |
|
-3,450,657€ |
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Inventory Returns |
-2.00 day |
|
2.00 day |
|
-2.00 day |
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Receivables Days |
90.00 day |
|
104.00 day |
|
92.00 day |
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Payable Days |
111.00 day |
|
103.00 day |
|
93.00 day |
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SIG
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Profit |
-1,462.11%
Turnover |
|
4.57% Turnover |
|
2.24% Turnover |
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Gross Profit |
8.23% Turnover |
|
10.60% Turnover |
|
12.20% Turnover |
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Wage and Salary distribution / Gross Profit |
57.55% Turnover |
|
64.90% Turnover |
|
62.08% Turnover |
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Gross Operating Surplus |
3.26% Turnover |
|
3.35% Turnover |
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4.20% Turnover |
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Pre-tax Income |
0.14% Turnover |
|
0.29% Turnover |
|
0.61% Turnover |
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Net Profit/Loss |
0.06% |
|
0.32% |
|
0.34% |
Judgements
Collective Procedures
|
Courts |
|
There are no Judgements filed against this
company. |
|
Rncs |
|
There are no Judgements filed against this
company. |
|
Bodacc |
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There are no Judgements filed against this
company. |
|
Preferentials Rights |
|
No social security and tax office
preferential right to date. |
Group Structure
|
No group structure for this company. |
Event history
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Status history |
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No status history for this company. |
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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 |
|
31/12/2007 |
New accounts available |
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31/12/2006 |
New accounts available |
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01/12/2006 |
Other modification of Establishment (error
correction) |
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21/07/2006 |
Private document |
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21/07/2006 |
Minutes of general meeting of shareholders |
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21/07/2006 |
Amendment |
|
12/04/2006 |
Capital increase |
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12/04/2006 |
Capital reduction |
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12/04/2006 |
Minutes of general meeting of shareholders |
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12/04/2006 |
Updated articles of association |
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12/04/2006 |
Private document |
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31/12/2005 |
New accounts available |
|
31/08/2005 |
Capital increase |
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31/08/2005 |
Capital reduction |
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31/08/2005 |
Private document |
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31/08/2005 |
Updated articles of association |
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31/08/2005 |
Minutes of general meeting of shareholders |
|
31/12/2004 |
New accounts available |
|
22/07/2004 |
PV d'Assemblée |
|
22/07/2004 |
Nomination/démission des organes de gestion |
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Establishment events history |
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Date |
Description |
|
10/07/2008 |
Update of phone numbers |
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09/12/2007 |
Update Limit |
|
28/08/2007 |
Update Rating |
|
01/12/2006 |
Modification of Head office |
Directors
|
No directors registered for this company. |
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.22 |
|
UK Pound |
1 |
Rs.73.03 |
|
Euro |
1 |
Rs.63.14 |
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%)