MIRA
INFORM REPORT
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Report Date : |
03.06.2008 |
IDENTIFICATION
DETAILS
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Name : |
J R B INVESTMENTS |
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Registered Office : |
P.O. Box 1293, Komatipoort |
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Country : |
Mozambique |
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Date of Incorporation : |
8.01.1999 |
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Com. Reg. No.: |
109478 Mozambique |
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Legal Form : |
Limited Liability Company, Limited by Shares |
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Line of Business : |
Investments Holding Company |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 100,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
COMPANY REPORTED
J R B INVESTMENTS
Other Name
JRB INVESTIMENTOS
LDA
Principal Address
P.o. Box 1293, Komatipoort ,Mozambique
Telephone: +258-21-724107
Cell: +258-842873470
Fax: +258-21-724107
Email: None
Internet: None
Established
8/01/1999
Registration
No. 109478 Mozambique
Legal Form
Limited Liability
Company, Limited by shares
Stock Listing
Not Listed
Workforce
2007
40
Office & Factories
Head offices 82,r/c Av
Mário E Coluna Bº Matola A, Matola, Maputo, mozambique
Branches None
Company Profile
Paid in Capital MZN. 2,000,000
Subscribed Capital MZN. 2,000,000
Shareholders
Name Position Amount
Ratio
Ms. Alida Maria
Jause CEO 9,600 48.00%
Mr. Pieter Ernesto
Cornelios Director 7,400 37.00%
Mr. Sylvanali
Ebrilene Doff Director 2,000 10.00%
Mr. Eduardo
Blessed Director 1,000 5.00%
Total 20,000 100.00%
Credit Opinion
Our proposed credit amount of USD 100,000 is recommendable
Affiliated Companies
None
Management/ Directors
President/ CEO (1)
Name Ms. Alida Maria Jause
Remarks Top
Decision Maker
President/ CEO (2)
Name Mr.
Pieter Ernesto Cornelios
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
Investments
holding company
Terms of payment
Buying terms 30% in cash, 70% on credit
Selling terms 50% in cash, 50% on credit
Suppliers
Various
Customers
Public
Recent Sales
MZN. 36,400,000,000
(2007)
Exports
None
Export Ratio
0.0%
Import Ratio
40.0%
Domestic Market Share
20.0%
Banking relationship
Main Banks AMB 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 100,000 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%)