MIRA
INFORM REPORT
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Report Date : |
08.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
MULHER CABELEREIRO AND BOUTIQUE LDA CABELEIREIROS |
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Registered Office : |
Rua Antonio Assis Junior 34, Maianga, Luanda |
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Country : |
Angola |
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Date of Incorporation : |
14/9/1995 |
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Com. Reg. No.: |
372098 |
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Legal Form : |
Limited
Liability Company, Limited by shares |
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Line of Business : |
Distributors
& Retailers of cosmetic and hair products |
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 30,000 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
COMPANY REPORTED
MULHER CABELEREIRO AND BOUTIQUE LDA CABELEIREIROS
Principal Address
Rua Antonio Assis Junior 34, Maianga, Luanda, Angola
Telephone: +244-222-320335/ 244-926-916352
Fax: +244-222-399496
Email: None
Internet: None
Established
14/9/1995
Registration
No. 372098 Luanda,
Angola
Legal Form
limited Liability
company, Limited by shares
Stock Listing
Not Listed
Workforce
2006
40
Office & Factories
Head offices Rua Antonio Assis Junior 34, Maianga, Luanda, Angola
Branches None
Company Profile
Paid in Capital AON. 1,000,000
Subscribed Capital AON. 1,000,000
Shareholders
Name Position Amount
Ratio
Mr. Manuela M
Farah Director 50.00%
Mr. Joao
Costa Director 50.00%
Total 100.00%
Credit Opinion
Our proposed credit amount of USD 30,000 is recommendable
Affiliated Companies
None
Management/ Directors
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President/
CEO (1) |
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Name |
Mr. Manuela M Farah |
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Remarks |
Top Decision Maker |
Þ 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
Distributors &
Retailers of cosmetic and hair products
Terms of payment
Buying terms 30% in cash, 70% on credit
Selling terms 80% in cash, 20% on credit
Suppliers
Various
Customers
Local boutiques, etc
Recent Sales
AON. 128,000,000
(2006)
Exports
None
Export Ratio 0.0%
Import Ratio 20.0%
Domestic Market Share 10.0%
Banking relationship
Main Banks ABC 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 30,000 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%)