MIRA INFORM REPORT

 

 

Report Date :

16.01.2008

 

IDENTIFICATION DETAILS

 

Name :

CONCRETE LAYER INNOVATIONE (CLI)

 

 

Registered Office :

56 Avenue Marcel-Dassault, 37000 Tours

 

 

Country :

France

 

 

Financials (as on) :

31.12.2006

 

 

Date of Incorporation :

20 December 2001

 

 

Com. Reg. No.:

02B00019, Tours

 

 

Legal Form :

Public Limited Company

 

 

Line of Business :

Architectural and Engineering Activities Andrelated Technical Consultancy

 

 

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 :

EUR 15000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

name & address  

 

CLI

56 AVENUE MARCEL-DASSAULT

37000 TOURS FR

Tel. Number +33-2-47741810

 

 

Business founded

20 December 2001

Business registered

10 January 2002 - Public limited company (no information regarding quotation)

Registration number,

02B00019, TOURS,

Trade name,

CLI,

Party identification,

440449965,

Legal form

Public limited company (no information regarding quotation)

Activities

Architectural and engineering activities andrelated technical consultancy

Payment experience

Payment regular

Credit opinion

High creditworthiness

 

Maximum credit limit 15000 EUR is advised

 

The export volume in percentage of total sales for the company.  0,00

 

Financial structure (balance sheet analysis) : Good 

 

Cash situation (balance sheet analysis) : Normal 

 

Profitability (balance sheet analysis) : Good 

 

Commitments (regarding contractual obligations) : Fulfilled („respectés“) 

 

Payment defaults : None 

Employees (Business)

 2

Total number of shareholders

 1

Total share capital30 December 2204

EUR 74000

Bank

SG GROUPE GRENOBLE 38 MEYLAN   

Auditor

GUINET JEAN-CHRISTOPHE   Deputy auditor

Parent company :

444523526   SOGREAH CONSULTANTS   98,00 %   

 

 

 

 

The business owns or partly owns one or more pieces of land and buildings?  No (Property) 

 

Turnover for the period: 00 0000 - 31 December 2006  in  EUR 1.935.630,00

 Not consolidated profit and loss turnover of the business: 

 

Corporate balance sheet for the year: 00 0000 - 31 December 2006  in  EUR 

Total assets incl. prepaid expenses and accrued income

900.855,-

Total fixed assets

11.075,-

Total intangible fixed assets

6.133,-

Concessions and industrial rights, goodwill

6.133,-

Total tangible fixed assets

4.925,-

Total financial fixed assets

17,-

Total Current assets

889.780,-

Accounts receivable (trade)

507.379,-

Cash in hand and at bank

46.071,-

Total accrued income and prepaid expenses

59.261,-

Total equity, provisions, liabilities, accrued expenses and deferred income

900.855,-

Total equity (Shareholders' funds)

131.268,-

Issued (subscribed) capital

74.000,-

Profit or loss carried forward

-16.327,-

Profit or loss for the previous year

43.189,-

Profit or loss for the financial year

72.179,-

Total provisions

15.910,-

Total liabilities

753.245,-

Total long-term liabilities

33.658,-

Long-term Loans, Mortgage debts

33.658,-

Total current liabilities

715.477,-

Current accounts payable (trade)

643.389,-

Income and social tax liabilities

72.088,-

Total accrued expenses and deferred income

4.110,-

Borrowing ratio

531,32 %

Current ratio

123,65 %

Debt gearing

23,74 %

Profit margin.

4,96 %

Quick ratio

123,65 %

Return on assets

10,67 %

Return on equity.

50,91 %

Solidity or equity ratio

15,74 %

 

Corporate profit and loss account for the year: 00 0000 - 31 December 2006  in  EUR 

Total operating income/revenue

1.950.023,-

Main revenue (sales/turnover)

1.935.630,-

Total operating expenses

1.853.944,-

Personnel costs

112.641,-

Depreciation

6.006,-

Operating profit or loss

96.079,-

Financial income

15.525,-

Financial expenses

2.790,-

Result of ordinary operations

108.814,-

Extraordinary expenses

1.402,-

Extraordinary result

-1.402,-

Pre-tax and pre-appropriation profit or loss

108.814,-

Taxes

35.233,-

Net profit or loss

72.179,-

 

Turnover for the period: 00 0000 - 31 December 2005  in  EUR 1.092.305,00

 Not consolidated profit and loss turnover of the business: 

 

Corporate balance sheet for the year: 00 0000 - 31 December 2005  in  EUR 

Total assets incl. prepaid expenses and accrued income

673.645,-

Total fixed assets

17.064,-

Total intangible fixed assets

9.333,-

Concessions and industrial rights, goodwill

9.333,-

Total tangible fixed assets

7.732,-

Total Current assets

656.581,-

Accounts receivable (trade)

214.431,-

Cash in hand and at bank

20.601,-

Total accrued income and prepaid expenses

68.793,-

Total equity, provisions, liabilities, accrued expenses and deferred income

673.645,-

Total equity (Shareholders' funds)

57.687,-

Issued (subscribed) capital

74.000,-

Profit or loss carried forward

-59.516,-

Profit or loss for the previous year

24.214,-

Profit or loss for the financial year

43.189,-

Total provisions

8.410,-

Total liabilities

607.116,-

Total current liabilities

493.851,-

Current accounts payable (trade)

437.733,-

Income and social tax liabilities

51.353,-

Total accrued expenses and deferred income

113.265,-

Borrowing ratio

960,06 %

Current ratio

108,15 %

Profit margin.

3,85 %

Quick ratio

108,15 %

Return on assets

6,25 %

Return on equity.

68,30 %

Solidity or equity ratio

9,39 %

 

Corporate profit and loss account for the year: 00 0000 - 31 December 2005  in  EUR 

Total operating income/revenue

1.095.707,-

Main revenue (sales/turnover)

1.092.305,-

Total operating expenses

1.053.627,-

Personnel costs

106.770,-

Depreciation

2.747,-

Operating profit or loss

42.079,-

Financial income

8.017,-

Financial expenses

6.926,-

Result of ordinary operations

43.170,-

Extraordinary income

33,-

Extraordinary expenses

14,-

Extraordinary result

19,-

Pre-tax and pre-appropriation profit or loss

43.170,-

Net profit or loss

43.189,-

 

Turnover for the period: 00 0000 - 31 December 2004  in  EUR 728.896,00

 Not consolidated profit and loss turnover of the business: 

 

Corporate balance sheet for the year: 00 0000 - 31 December 2004  in  EUR 

Total assets incl. prepaid expenses and accrued income

343.921,-

Total fixed assets

8.427,-

Total tangible fixed assets

8.427,-

Total Current assets

335.494,-

Accounts receivable (trade)

266.363,-

Cash in hand and at bank

61.366,-

Total accrued income and prepaid expenses

97,-

Total equity, provisions, liabilities, accrued expenses and deferred income

343.921,-

Total equity (Shareholders' funds)

14.484,-

Issued (subscribed) capital

74.000,-

Profit or loss carried forward

-83.729,-

Profit or loss for the financial year

24.214,-

Total provisions

11.787,-

Total liabilities

317.650,-

Total long-term liabilities

47.383,-

Long-term Loans, Mortgage debts

47.383,-

Total current liabilities

270.267,-

Current accounts payable (trade)

217.913,-

Income and social tax liabilities

52.354,-

Borrowing ratio

1426,78 %

Current ratio

124,13 %

Debt gearing

212,83 %

Profit margin.

-9,76 %

Quick ratio

124,13 %

Return on assets

-20,69 %

Return on equity.

108,76 %

Solidity or equity ratio

6,47 %

 

Corporate profit and loss account for the year: 00 0000 - 31 December 2004  in  EUR 

Total operating income/revenue

789.838,-

Main revenue (sales/turnover)

728.896,-

Total operating expenses

861.007,-

Personnel costs

103.163,-

Depreciation

14.969,-

Operating profit or loss

-71.170,-

Financial income

11.724,-

Financial expenses

8.946,-

Result of ordinary operations

-68.392,-

Extraordinary income

92.606,-

Extraordinary result

92.606,-

Pre-tax and pre-appropriation profit or loss

-68.392,-

Net profit or loss

24.214,-

 

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