MIRA
INFORM REPORT
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Report Date : |
01.09.2008 |
IDENTIFICATION
DETAILS
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Name : |
COMPAGNIE DE DISTRIBUTION AFRICAINE SA |
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Registered Office : |
Boulevard
Grande-Duchesse Charlotte 651331 Luxembourg |
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Country : |
Luxembourg |
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Year of Establishment : |
2004 |
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Legal Form : |
Public Limited Liability Company since 19.03.2004 |
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Line of Business : |
Investor |
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 : |
€ 35.000 |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Name
Compagnie de
Distribution Africaine SA
Identification
Registered
Address Boulevard
Grande-Duchesse Charlotte 65
1331
Luxembourg
LUXEMBOURG
Trade Register Number B99819
Line of Business (SIC) Investor (6799)
Credit Advice
€35.000
Maximum amount on monthly open credit terms.
Continue delivery but follow developments.
Current Principals
Cornelius Bechtel:
Director Appointed
before Aug 2008
Address : LUXEMBOURG
Other Current Associations :
Company Name Appointed Function
Bac Management before Jul 2008 Director
Asturenne before
Jul 2008 Chairman of the Board
Christiane Schweitzer:
Director Appointed
before Aug 2008
Address : Rue
Charles De Buck 13, 1040 Bruxelles, BELGIUM
Other Current Associations :
Company Name Appointed Function
Ardmore before
Nov 2006 Director
Immocri before
Nov 2006 Director
before
Nov 2006 Managing Director
Virginie Dohogne:
Director Appointed
before Aug 2008
Address : LUXEMBOURG
Ownership
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Share
Holder Name |
%
shares owned directly |
%
shares owned indirectly |
As
at |
Town |
Country |
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FORTIS INTERTRUST (LUXEMBOURG) SA SA |
9,0% |
- |
before
21 Aug 2008 |
Luxembourg |
LUXEMBOURG |
Legal Structure
Legal Form Public Limited
Liability Company since 19 Mar 2004
Trade Register Number B99819
Details of Capital Amount As at Official
Gazette 'Mémorial'
Issued capital € 350.000 before 21 Aug 2008 -
Paid Up Capital € 350.000 before 21 Aug 2008 -
Activity and Employees
Activity Code Activity description
SIC (Primary) 67990000 Investor
Other SIC 67190000 Holding company
NACEBEL 65236 Other financial
intermediation n.e.c.
65231 Financial holdings
Imports/Exports
Imports: No
Exports: No
Special Question and Answer
ANOTHER ADDRESS: BOULEVARD GRANDE-DUCHESSE CHARLOTTE
65, 1331, LUXEMBO URGCONTACT NO IS FOR MICHEL JENTGES - DEPUTY TEAM LEADER FOR
FORTIS IN TERTRUST. CLIENT WOULD LIKE TO KNOW THE LINK BETWEEN THESE TWO
CMOPANI
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.43.79 |
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UK Pound |
1 |
Rs.80.05 |
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Euro |
1 |
Rs.64.56 |
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%)