MIRA
INFORM REPORT
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Report Date : |
04.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
BATIPLUS
LIBREVILLE |
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Registered Office : |
BP 9876
Libreville, |
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Country : |
Gabon |
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Date of Incorporation : |
2001 |
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Com. Reg. No.: |
No. 104918 Libreville, Gabon |
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Legal Form : |
Limited
Liability company, Limited by shares |
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Line of Business : |
Manufacturers & Distributors of construction & Building
Materials etc |
RATING &
COMMENTS
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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 50,000 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
COMPANY NAME
BATIPLUS
LIBREVILLE
Address
BP 9876 Libreville, Gabon
Telephone: +241-722465/ 746420
Fax: +241-742398
Email: batiplus@inet.ga
Internet: None
Established
2001
Registration
No. 104918 Libreville,
Gabon
Legal Form
Limited Liability
company, Limited by shares
Stock Listing
Not Listed
Workforce
2006
40
Office &
Factories
Head offices Ancienne Base De Mbandou, Zone Industrielle
D' Oloumi, Libreville,
Branches None
Company Profile
Paid in Capital CFA. 10,000,000
Subscribed Capital CFA. 10,000,000
Shareholders
Name Position Amount
Ratio
Mr. J Maruta Director
Mr. Y Hachem Director
Groupe Batimat Holding Co. 100.00%
Total 100.00%
Credit Opinion
Our proposed credit amount of USD 50,000 is recommendable
Affiliated Companies
Several
Management/ Directors
President/ CEO (1)
Name Mr. J
Maruta
Remarks Top Decision Maker
President/ CEO (2)
Name Mr. Y Hachem
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
Manufacturers
& Distributors of construction & Building Materials etc
Terms of payment
Buying terms 30%
in cash, 70% on credit
Selling terms 90% in cash, 10% on credit
Suppliers
Vachette, bricard,
onduline, Rak etc
Customers
Local Companies,
individuals etc
Recent Sales
CFA.
380,000,000 (2006)
Exports
None
Export Ratio
0.0%
Import Ratio
20.0%
Domestic Market Share
40.0%
Banking relationship
Main Banks BPG 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
Maximum credit we recommend is USD 50,000 outstanding at any one time.
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%)