MIRA INFORM REPORT
|
Report Date : |
17.11.2008 |
IDENTIFICATION
DETAILS
|
Name : |
LA PASTA S A |
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Registered Office : |
No. 18, Siège social, Jala Cameroun,
Douala |
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Country : |
Cameroon |
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Date of Incorporation : |
13.09.1995 |
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Com. Reg. No.: |
026.863 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture of Food Processing Equipment & Supplies. |
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 |
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Maximum Credit Limit : |
USD 100,000.00 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Clear |
Company
Name
LA Pasta S A
Company
acronym
-
Contact Information
|
Address |
No. 18, Siège social, Jala Cameroun Douala, Cameroon |
|
Postal Address |
BP 1887 Jala Cameroun Douala, Cameroon |
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Telephone |
+237 3392916 +237 3393556 |
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Fax |
+237 2393554 |
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Email |
lapasta@globalnet2.net |
Registration Data
|
Date of Registration |
13/09/1995 |
|
Registration number |
026.863 |
|
Legal address |
No. 18, Siège social, Jala Cameroun Douala, Cameroon |
|
Legal Form |
Joint Stock Company |
|
Share Capital |
100,000,000.00 CFA |
Shareholders
with Shares
-
Board/Executive
|
Name |
Mr. M. PASCALINO STEFANO |
|
Position within the company |
General Director |
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Country of Birth |
Cameroon |
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Nationality |
Cameroonian |
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Can fluently speak |
French |
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Name |
Mr. Stefano PASCALINO |
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Position within the company |
CEO |
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Country of Birth |
Cameroon |
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Nationality |
Cameroonian |
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Can fluently speak |
French |
Changes in
Registration Data
None recorded
Activities (realistic
and officials)
Manufacture of FOOD
PROCESSING EQUIPMENT & SUPPLIES.
Staff
|
Number of staff
employed |
66 |
Export/Import
(Countries, goods and total values for the period)
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Imports From |
USA, Europe |
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Importing Terms |
Letters of Credit |
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Import % and type of product |
30% - Finished Products |
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Exports To |
Malta, Madagascar |
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Exporting Terms |
Letters of Credit |
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Export % and type of product |
5% - Finished Products |
Facilities
|
Owned |
Offices, Warehouse, Factory |
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Premises Size |
- |
Subsidiaries
and Participation
|
Parent Company |
- |
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Subsidiaries |
- |
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Affiliates |
SOCAPURSEL Zone Portuaire Nord, BP
15136 Douala, Cameroon |
Branches
|
Address |
Yaounde Tel: 22 303317 Fax: 22 306033 Bafoussam: Tel: 33 444145 Fax: 33 444552 |
Bankers
|
Bank |
Commercial Bank of Cameroon |
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Branch |
- |
|
Address |
N’DJAMENA |
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Telephone |
+(235) 52 37 41 |
Suppliers,
Partners
|
Suppliers |
Not known |
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Agencies |
- |
Litigation,
Remarks on Payment
|
Litigation |
None Recorded |
|
Remarks on Payment |
No Complaints |
Financial
Information
It declined all financial information.
Reporter Comments
|
Comments |
In the interview with Mr. M. PASCALINO STEFANO-
General Director, he declined to give us the financial information and bank
accounts citing the grounds of company confidentiality. |
|
Local Reputation |
The company being investigated is believed by local reporters to be a Medium
Trade Risk and to be fair. |
|
Owner/Shareholders Comments |
All or most 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 100,000.00 |
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.68 |
|
UK Pound |
1 |
Rs.74.64 |
|
Euro |
1 |
Rs.62.58 |
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 |
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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 |
|
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 |
|
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%)