MIRA
INFORM REPORT
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Report Date : |
01.11.2008 |
IDENTIFICATION
DETAILS
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Name : |
LEMURIA RESORT OF PRASLIN |
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Registered Office : |
Anse Kerlan Praslin, Praslin |
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Country : |
Seychelles |
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Date of Incorporation : |
1992 |
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Com. Reg. No.: |
152/80 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Luxury Beach Hotel in Seychelles Island |
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 650,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Company
Name
Lemuria Resort of Praslin
Company acronym: -
Contact Information
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Address |
Anse Kerlan Praslin, Praslin Seychelles |
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Postal Address |
- |
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Telephone |
+248 281 281 +248 281242 |
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Fax |
+248 281 001 |
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Email |
info@lemuriasort.com |
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Website |
www.lemuriasort.com |
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Other Information |
- |
Registration Data
|
Date of Registration |
1992 |
|
Registration number |
152/80 |
|
Legal address |
Anse Kerlan Praslin, Praslin Seychelles |
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Legal Form |
Limited Liability Company |
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Share Capital |
- |
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Other Registration Data |
- |
Shareholders
with Shares
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Shareholder
Names |
Share% |
|
Constance Hotels Services Ltd Mauritius
|
100% |
Board/Executive
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Name |
Mr. Andrew Spearman |
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Position within the company |
General Manager |
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Can fluently speak |
English |
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Name |
Mr. Siegfried Espitalier Noel |
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Position within the company |
Sales Director |
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Can fluently speak |
English |
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Name |
Mrs. Brigitte De Fontenay |
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Position within the company |
Sales Director |
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Can fluently speak |
English |
Changes in
Registration Data
None recorded
Activities (
realistic and officials)
Luxury Beach Hotel in Seychelles Island , It Includes a golf course, 3
restaurants, swimming pool, private beach and lagoon, snorkeling, kayaking, and
deep sea fishing.
Recreational Facilities:
- Swimming Pool
- Guerlain
Beauty Centre
- Fitness &
Health Centre
- Scuba Diving
(PADI) & Snorkelling
- Hobby Cat
& Laser
- Deep Sea
Fishing
- Kayak &
Pedalo
- Tennis Courts
& Kid’s Club
- 18–hole Golf
Course
- Mountain
Biking
Staff
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Number of staff employed |
70 |
Export/Import
( Countries, goods and total values for the period)
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Imports From |
- |
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Importing Terms |
- |
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Import % and type of product |
- |
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Exports To |
- |
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Exporting Terms |
- |
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Export % and type of product |
- |
Facilities
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Owned |
88 Junior Suites, 8 Senior Suites, 8 Luxury Villas, 1 Presidential
Villas |
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Premises Size |
- |
Subsidiaries
and Participation
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Parent Company |
Constance Hotels Services Ltd
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Subsidiaries |
- |
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Affiliates |
- |
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Branches
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Address |
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Bankers
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Bank |
African Development Bank |
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Branch |
- |
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Address |
- |
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Telephone |
- |
Suppliers,
Partners
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Suppliers |
Not known |
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Partners |
Not Known |
Litigation,
Remarks on Payment
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Litigation |
None Recorded |
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Remarks on Payment |
No Complaints |
Financial
Information
It declined all financial information.
Representation
|
Auditors |
- |
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Solicitors |
- |
Reporter Comments
|
Comments |
In the interview with
conduct with Mrs. Brigitte De Fontenay ( sales manager) who declined all financial
information and bank accounts citing the grounds of company confidentiality. |
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Local Reputation |
The company being investigated is believed by local reporters to be a Medium Trade Risk and to be
fair. |
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Owner/Shareholders Comments |
Some of the owners / shareholders have an active participation in
the running of the business. |
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Age of Business |
Old Business |
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MAX CREDIT |
USD 650,000 |
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
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US Dollar |
1 |
Rs.49.25 |
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UK Pound |
1 |
Rs.80.36 |
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Euro |
1 |
Rs.62.84 |
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%)