MIRA INFORM REPORT
|
Report Date : |
17.11.2008 |
IDENTIFICATION
DETAILS
|
Name : |
PRESSES DES UNIVERSITES DE COTE D'IVOIRE |
|
|
|
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Registered Office : |
BP 372 Cedex 03
Abidjan, Riviera |
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|
|
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Country : |
Cote D'Ivoire
(Ivory Coast) |
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|
|
|
Date of Incorporation : |
09.05.1993 |
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Com. Reg. No.: |
8512 |
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|
Legal Form : |
Joint Stock Company |
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|
|
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Line of Business : |
Publishing Books, Magazines and Presses. |
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 : |
USD 100,000.00 |
|
|
|
|
Status : |
Satisfactory |
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|
|
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Payment Behaviour : |
Usually Correct |
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|
|
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Litigation : |
Clear |
Company Name
Presses Des Universites De Cote D'Ivoire
Company
acronym
PUCI
Contact Information
|
Address |
BP 372 Cedex 03
Abidjan, Riviera Cote D'Ivoire (Ivory
Coast) |
|
Postal Address |
|
|
Telephone |
+225 21254586 +225 22 434254 +225 22 430399 +225 22 430933 |
|
Fax |
+225 21254587 |
|
Email |
puci@ci.refer.org |
Registration Data
|
Date of Registration |
09/05/1993 |
|
Registration number |
8512 |
|
Legal address |
BP 372 Cedex 03
Abidjan, Riviera Cote D'Ivoire
(Ivory Coast) |
|
Legal Form |
Joint Stock Company |
|
Share Capital |
45,000,000.00 XOF |
|
Other Registration
Data |
- |
Shareholders
with Shares
It declined all shareholder information.
Board/Executive
|
Name |
Mr. Alain Poiri |
|
Position within the company |
CEO |
|
Can fluently speak |
French |
|
Name |
Mr. Charles Pemont
|
|
Position within the company |
Executive Director |
|
Can fluently speak |
French |
|
Name |
Mr. Wilfreid
Niamien |
|
Position within the company |
Director |
|
Can fluently speak |
French |
Changes in
Registration Data
None recorded
Activities (
realistic and officials)
The subject is involved in publishing books, magazines and presses.
Member of Alliance of Independent Publishers in France
Staff
|
Number of staff employed |
65 |
Export/Import
(Countries, goods and total values for the period)
|
Imports From |
Europe |
|
Importing Terms |
Acceptance credits
|
|
Import % and type of product |
30%- Finished products |
|
Exports To |
Far East |
|
Exporting Terms |
Special agreement |
|
Export % and type of product |
10%- Finished Products |
Facilities
|
Owned |
Office, Publishing House |
|
Premises Size |
- |
Subsidiaries
and Participation
|
Parent Company |
- |
|
Subsidiaries |
- |
|
Affiliates |
Neter 01 BP 7370,
Abidjan 01 Tel: +225 22525268 |
Bankers
|
Bank |
African Development Bank |
|
Branch |
- |
|
Address |
- |
|
Telephone |
- |
Suppliers,
Partners
|
Suppliers |
Not known |
|
Partners |
Not Known |
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. Charles Pemont ( Executive Director), he
declined 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 |
Some of the owners / shareholders have an active participation in
the running of the business. |
|
Age of Business |
Old Business |
|
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 |
|
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%)