MIRA INFORM REPORT

 

 

 

Report Date :

18.12.2008

 

IDENTIFICATION DETAILS

 

Name :

SOCIETE CIVILE PROFESSIONELLE D' AVOCATS MAME ADAMA GUEYE & ASSOCIES

 

 

Registered Office :

Immeuble Diannah, Rue Parchappe x Mage, BP 11386, Dakar

 

 

Country :

Senegal

 

 

Date of Incorporation :

25.06.1986

 

 

Com. Reg. No.:

215/06

 

 

Legal Form :

Partnership

 

 

Line of Business :

Specializes is Business Law in General, and Company Law

 

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 :

USD150,000.00

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 


 

 

Company Name     

 

Societe Civile Professionelle d' Avocats Mame Adama Gueye & Associes

Also Trade as:          SCP Mame Adama Gueye & Associes

 

 

Contact Information

 

Address

107-109 Rues Mousse Diop X Ahmadou Assane Ndoye

 Dakar 11443 Senegal

Postal Address

11443 Dakar-SENEGAL

Telephone

+ 221 33 8492800

Fax

+ 22133 8223972

+ 221 33 8214829

Email

scp@avocats-maga.sn

Website

www.avocats-maga.sn

 

Registration Data

 

Date of Registration

25/06/1986

Registration number

215/06

Legal address

Immeuble Diannah, Rue Parchappe x Mage, BP 11386

Dakar, Senegal

Legal Form

Partnership 

Share Capital

10,000,000 CFA

 

Shareholders with Shares

 

It declined all shareholder data.

 

 

Board/Executive

 

Name

Mr. Mame Adama Gueye

Position within the company

Founder, Lawyer, President

Country of Birth

Senegal   

Nationality

Senegal

Can fluently speak

English, French

Email

bg@sentoo.sn

 

Name

Mr. Pape Jean Seye

Position within the company

Partner, Associate Lawyer

Country of Birth

Senegal   

Nationality

Senegal

Can fluently speak

French

 

 

Name

Mr. El Hadji Omar Youm

Position within the company

Partner, Associate Lawyer

Country of Birth

Senegal   

Nationality

Senegal

Can fluently speak

French

 

Name

Mr. Mohamedou Makhtar Diop

Position within the company

Partner, Legal Advisor

Country of Birth

Senegal   

Nationality

Senegal

Can fluently speak

French

 

Name

Mr. Moussa Sarr

Position within the company

Partner, Associate Lawyer

Country of Birth

Senegal   

Nationality

Senegal

Can fluently speak

French

 

Name

Mr. Aliou Sow

Position within the company

Collaborator Lawyer

Country of Birth

Senegal   

Nationality

Senegal

Can fluently speak

French

 

Name

Mr. Mamadou Mbaye

Position within the company

Legal Advisor

Country of Birth

Senegal   

Nationality

Senegal

Can fluently speak

French

 

 

Changes in Registration Data

 

None recorded

 

 

Activities ( realistic and officials)

 

The firm specializes is business Law in general, and Company law. So it actives in  in all aspects of business law in general and in commercial, contract, banking,insurance,company,tax,intellectual;property,industrial, maritime,air,public market laws in particular.And yet,this does not rule out civil law as the basis for business law.

 

 

Staff

 

Number of staff employed

12

 

 

 

Facilities

 

Owned

Office

 

Bankers

 

Bank

Commercial Bank of Senegal

 

Suppliers, Partners

 

Partners

World Services Group

Lex Africa

Clients

Société Générale de Banques au sénégal (SGBS) (subsidiary of Société Générale)

Banque pour le Commerce et l'Industrie du Sénégal (BICIS) (subsidiary of BNP-PARIBAS)

Sentel GSM

Société Nationale des Eaux du Senegal (SONES)

SDV Sénégal (Groupe Bolloré)

Alcyon Sénégal

 

Banque centrale des Etats de l'Afrique de l'Ouest -BCEAO siége

Office National Ducroire
NCM Credit Management Worlwide (Netherland)

CESCE (Compania Esponala de securos de credito a la Exportation (Spain)

Alcyon (Switzerland)

Credit Guarantee (South Africa)

Bombardier Aerospace (Canada)

 

 

Litigation, Remarks on Payment

 

Litigation

None Recorded

Remarks on Payment

No Complaints

 

 

Financial Information

 

It declined all financial information.

 

 

 

Reporter Comments

 

Comments

In the interview conducted with Mr. Mamadou Mbaye ( Legal Advisorr) ,  he declined bank account number and financial information citing the grounds of company confidentiality.

 

Local Reputation

The company being investigated is believed by local reporters to be a Medium, Trade Risk and to be fair.

 

 

Owner/Shareholders 

Comments

All or most of the owners / shareholders have an active participation in the running of  the business.

 

Age of Business

Old Business

MAX CREDIT

USD150,000.00

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.47.28

UK Pound

1

Rs.73.43

Euro

1

Rs.68.22

 

 

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%)

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions