MIRA
INFORM REPORT
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Report Date : |
27.11.2008 |
IDENTIFICATION DETAILS
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Name : |
STE INDUSTRIELLE CONFISERIE BISCUITERIE |
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Registered Office : |
Grand Marche Banizoumbou 26-24 Rue GM 8 CN 3
12165 Niamey |
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Country : |
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Date of Incorporation : |
09.02.2004 |
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Com. Reg. No.: |
N351-63 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Supplier of Food Staffs such as Biscuits, Potato Chips and etc. |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
USD 3,000.00 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Company
Name
Ste Industrielle Confiserie Biscuiterie
Company acronym: -
Contact Information
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Address |
Grand
Marche Banizoumbou 26-24 Rue GM 8 CN 3 12165 Niamey |
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Postal Address |
- |
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Telephone |
+227 20736544 |
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Fax |
+227 207 36544 |
Registration Data
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Date of Registration |
09/02/2004 |
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Registration number |
N351-63 |
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Legal address |
Grand Marche Banizoumbou 26-24 Rue GM 8 CN 3
12165 Niamey |
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Legal Form |
Limited Liability Company |
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Share Capital |
10,500,000.00 |
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Other Registration Data |
- |
Shareholders
with Shares
It declined all shareholder names.
Board/Executive
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Name |
Mr. Mamadou Diagana |
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Position within the company |
Director |
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Country of Birth |
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Nationality |
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Can fluently speak |
French |
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Name |
Mr. Mahamane Alabi |
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Position within the company |
Director |
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Country of Birth |
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Nationality |
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Can fluently speak |
French |
Changes in
Registration Data
None recorded
Activities (
realistic and officials)
Supplier of food staffs such as biscuits, potato chips and etc.
Staff
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Number of staff employed |
12 |
Export/Import
( Countries, goods and total values for the period)
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Imports From |
Worldwide |
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Importing Terms |
Letters of Credit |
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Import % and type of product |
100% - Finished Products |
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Exports To |
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Exporting Terms |
Special agreement |
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Export % and type of product |
5% -Finished Products |
Facilities
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Rented |
Office, Warehouse |
Bankers
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Bank |
Development Bank of |
Suppliers,
Partners
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Suppliers |
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.
Reporter Comments
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Comments |
In the interview conducted with Mr. Mahamane Alabi (Director) , he refused to cooperate
with us. |
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Local Reputation |
The company being investigated is believed by local reporters to be a High Trade Risk and to be
secured. The company is not known company on Niger Market. |
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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 3,000.00 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.84 |
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1 |
Rs.76.81 |
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Euro |
1 |
Rs.64.38 |
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%)