MIRA
INFORM REPORT
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Report Date : |
24.10.2008 |
IDENTIFICATION DETAILS
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Name : |
CERVEJAS DE MOCAMBIQUE SARL |
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Registered Office : |
Rua Do Jardim 1329, Jardim, |
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Country : |
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Financials (as on) : |
31.03.2006 |
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Date of Incorporation : |
25.05.1932 |
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Com. Reg. No.: |
624-398 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Manufacture of Beer and Breweries. |
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 1,400,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Company
Name
Cervejas de Mocambique Sarl
Company acronym: CDM
Contact Information
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Address |
Rua do Jardim 1329 |
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Postal Address |
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Telephone |
+258 214 75007 +258 213 52300 +258 214 75180 |
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Fax |
+258 214 75060 +258 214 75700 |
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Email |
Jose.moreira@cdmmap.com |
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Website |
- |
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Other Information |
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Registration Data
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Date of Registration |
25/05/1932 |
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Registration number |
624-398 |
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Legal address |
Rua do Jardim 1329 |
|
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% |
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Government of |
42% |
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SABMiller Plc |
58% |
Board/Executive
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Name |
Mr. Roger.V.F Smith |
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Position within the company |
Managing Director |
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Country of Birth |
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Nationality |
British |
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Can fluently speak |
English |
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Name |
Mr. Duncan N. Wyness |
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Position within the company |
Finance Director |
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Country of Birth |
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Nationality |
British |
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Can fluently speak |
English |
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Name |
Mr. Jose Moreira |
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Position within the company |
Corporate Affairs Director |
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Country of Birth |
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Nationality |
Portuguese |
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Can fluently speak |
Portuguese, English |
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Tel |
+258 21 352 300 |
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Fax |
+258 21 475 265 |
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E-mail |
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Name |
Mr. Peter Leonel |
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Position within the company |
Service Manager |
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Country of Birth |
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Nationality |
Portuguese |
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Can fluently speak |
Portuguese, English |
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E-mail |
Changes in
Registration Data
None recorded
Activities (
realistic and officials)
Manufacture of beer and breweries.
Staff
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Number of staff employed |
550 |
Export/Import
( Countries, goods and total values for the period)
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Imports From |
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Importing Terms |
Letters of Credit |
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Import % and type of product |
10%- Machineries |
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Exports To |
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Exporting Terms |
Acceptance credit |
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Export % and type of product |
80% |
Facilities
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Owned |
Office, Warehouse, Factory |
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Premises Size |
- |
Subsidiaries
and Participation
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Parent Company |
SABMiller plc Employee: 66,949 SABMiller is one of the world's largest
brewers with more than 200 brands and some 140 breweries in about 30
countries. Its brands include Castle Lager, the top label in Chairman: Meyer Kahn |
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Subsidiaries |
- |
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Affiliates |
- |
Branches
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Address |
Estrada Nacional 6 Tel: +258 23 302 022 Fax: +258 23 302 930 |
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
Source: The website
Representation
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Auditors |
- |
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Solicitors |
- |
Reporter Comments
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Comments |
Note: The telephone
number which you provided is not accurate one, it is unobtainable, we
couldn't find the alternative telephone number of company via Chamber of Commerce, Internet Search. There is the telephone
number which you provided in Chamber of Commerce too. Note: The above report
collected via Chamber of Commerce of Mozambique |
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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 The registered name of company is Cervejas de
Mocambique Sarl. |
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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 1,400,000 |
NEWS
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Source |
Macauhub |
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Article |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.95 |
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|
1 |
Rs.79.56 |
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Euro |
1 |
Rs.63.65 |
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%)