MIRA INFORM REPORT
|
Report Date : |
17.11.2008 |
IDENTIFICATION
DETAILS
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Name : |
ETS MAMADOU OULE DIALLO ET FRERES |
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Registered Office : |
29 Et 30 Rue De Fleurus, P O Box 862, Dakar, |
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Country : |
Senegal |
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Date of Incorporation : |
18.02.1991 |
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Com. Reg. No.: |
651/82 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Supplier of Car/Bicycle Accessories and parts. |
RATING &
COMMENTS
|
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 120,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Clear |
Company
Name
ETS Mamadou Oule Diallo Et Freres
Company
acronym
-
Contact Information
|
Address |
29 Et 30 Rue De Fleurus, P O Box 862, Dakar Senegal |
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Postal Address |
- |
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Telephone |
+221 822 29 51 +221 832 46 54 |
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Fax |
+221 821 85 70 |
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Email |
Cherif1009@yahoo.fr |
Registration Data
|
Date of Registration |
18/02/1991 |
|
Registration number |
651/82 |
|
Legal address |
29 Et 30 Rue De Fleurus, P O Box 862, Dakar Senegal |
|
Legal Form |
Private Limited Company |
|
Share Capital |
35,600,000.00 CFA Franc |
Shareholders
with Shares
It declined all shareholder
information.
Board/Executive
|
Name |
Madame DIA Nicole |
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Position within the company |
President |
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Can fluently speak |
French |
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Name |
Mr. Monsieur DIA
Nicole |
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Position within the company |
Director |
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Can fluently speak |
French |
Changes in
Registration Data
None recorded
Activities
(realistic and officials)
Supplier of car/bicycle accessories and parts.
Staff
|
Number of staff
employed |
38 |
Export/Import
(Countries, goods and total values for the period)
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Imports From |
UK, USA, Far East |
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Importing Terms |
Acceptance credits |
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Import % and type of product |
60%- Finished products |
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Exports To |
Worldwide |
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Exporting Terms |
Letters of Credit |
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Export % and type of product |
20%- Finished products |
Facilities
|
Owned |
Office, Warehouse |
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Premises Size |
- |
Subsidiaries
and Participation
|
Parent Company |
- |
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Subsidiaries |
- |
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Affiliates |
CISSE Leona, Kaolack, Senegal Tel: 941 47 84 |
Branches
|
Address |
37, Av Faidherbe Dakar, Senegal Tel: 823 17 03 Allee Papa Gueye Fall Dakar, Senegal Tel: 823 11 17 |
Bankers
|
Bank |
National Bank of Senegal |
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Branch |
- |
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Address |
- |
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Telephone |
- |
Suppliers,
Partners
|
Suppliers |
Not known |
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Partners |
Not Known |
Litigation,
Remarks on Payment
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Litigation |
None Recorded |
|
Remarks on Payment |
No Complaints |
Financial
Information
It declined all financial information.
Reporter Comments
|
Comments |
In the interview with Mr. Malle Dara( Office
Manager), he declined the 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. The company is known on Senegal market. |
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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 Family Business |
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MAX CREDIT |
USD 120,000 |
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.68 |
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UK Pound |
1 |
Rs.74.64 |
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Euro |
1 |
Rs.62.58 |
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%)