MIRA
INFORM REPORT
|
Report Date : |
02.04.2011 |
IDENTIFICATION DETAILS
|
Name : |
REDER SA |
|
|
|
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Registered Office : |
32 Rue Eugene Dupuis 94000 |
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Country : |
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|
|
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
January 1997 |
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Com. Reg. No.: |
41071488500036 |
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|
Legal Form : |
Public limited company with board of directors |
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|
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|
Line of Business : |
Distance
selling on specialized catalog |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
(€) 1,300,000 |
|
Status : |
Good |
|
Payment Behaviour : |
No Complaints |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company
Summary
|
Company Details |
|
|
Company Number |
41071488500036 |
|
Name |
REDER SA |
|
Telephone |
|
|
Fax |
|
|
Legal form |
Public limited company with board of directors |
|
RCS Registration |
410714885 |
|
Share Capital |
450,000 |
|
Incorporation Date |
01/1997 |
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Address |
32 RUE |
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Postcode |
94000 |
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Nationality |
|
|
Credit Information Summary |
|
|
Credit Limit (€) |
1,300,000 |
|
Judgements Summary |
|
No judgements against this company. |
|
Directors Summary |
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|
Directorships |
2 |
|
Accounts Summary (last 3 years) |
|||
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Accounts Date |
31/12/2009 |
31/12/2008 |
31/12/2007 |
|
Turnover |
52,567,272 |
40,461,394 |
5,106,409 |
|
Networth |
4,210,532 |
2,436,317 |
956,009 |
|
Number of Employees |
0 employee |
- |
- |
Company
Information
|
company details |
|
|
Company Name |
REDER SA |
|
Company Number |
41071488500036 |
|
Activity (APE) |
Distance
selling on specialized catalog |
|
Activity (APRM) |
|
|
Currency |
EURO (€) |
|
Share capital |
450,000 |
|
Registration Court |
|
|
Legal form |
Public limited company with board of directors |
|
Court Registry Number |
97 B 01442 |
|
EU VAT Number |
FR33410714885 |
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Incorporation Date |
01/1997 |
|
Formation Date |
12/1996 |
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Deregistration Date |
|
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Last account Date |
31/12/2009 |
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Nationality |
|
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Establishment details |
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Postal Address |
32 RUE |
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Trading Address |
32 RUE |
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Telephone |
|
|
Fax |
|
|
Type |
Secondary establishment |
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Status |
Economically active |
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Formation Date |
12/1996 |
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Reason for formation |
Formation |
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Closure Date |
|
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Reason for closure |
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Reactivation Date |
|
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Production Role |
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Activity Nature |
Retail trade |
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Activity Location |
Office |
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Location Service |
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Seasonality |
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Other establishments |
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Branches |
3 branch entities in this company |
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Regionality |
Legal unit with all establishments in same area |
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Mono-activity status |
Legal unit having all establishments with the same main activity |
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Workforces |
|
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Workforce at address |
50 to 99 employees |
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Company workforce |
0 employee |
Accounts
& Ratios
|
Profit & Loss |
|||||
|
Account Date |
31/12/2009 |
% |
31/12/2008 |
% |
31/12/2007 |
|
Account period (month) |
12 |
- |
12 |
- |
12 |
|
Account Type |
Normal Account |
- |
Normal Account |
- |
Normal Account |
|
Currency |
Euro |
- |
Euro |
- |
Euro |
|
Turnover |
52,567,272 |
29.9% |
40,461,394 |
692.4% |
5,106,409 |
|
Exports |
0 |
- |
0 |
- |
0 |
|
Operating Charges |
49,568,091 |
34.2% |
36,927,588 |
737.0% |
4,412,025 |
|
Operating Profit |
4,555,485 |
16.6% |
3,908,509 |
453.3% |
706,423 |
|
Financial Income |
297,152 |
-14.6% |
347,971 |
890.4% |
35,136 |
|
Financial Charges |
56,688 |
91.3% |
29,632 |
1,037.1% |
2,606 |
|
Pre-Tax Profit |
4,795,949 |
13.5% |
4,226,848 |
472.0% |
738,953 |
|
Extraordinary Income |
188,333 |
-44.2% |
337,414 |
14,969.9% |
2,239 |
|
Extraordinary Charges |
66,695 |
-95.6% |
1,511,315 |
151,131,400.0% |
1 |
|
Net Profit |
2,974,215 |
67.1% |
1,780,307 |
261.9% |
491,902 |
|
Balance Sheet |
|||||
|
Account Date |
31/12/2009 |
% |
31/12/2008 |
% |
31/12/2007 |
|
Assets |
|||||
|
- Tangible assets |
335,340 |
24.2% |
270,063 |
66.5% |
162,245 |
|
Intangible assets |
512,710 |
-3.0% |
528,687 |
-5.9% |
561,571 |
|
Financial assets |
179,824 |
35.3% |
132,935 |
101.5% |
65,960 |
|
Total fixed assets |
1,027,875 |
10.3% |
931,685 |
18.0% |
789,776 |
|
Stocks |
3,936,981 |
0.3% |
3,926,064 |
254.2% |
1,108,449 |
|
Receivables |
1,508,071 |
-27.4% |
2,076,359 |
50.9% |
1,375,911 |
|
- Trade Receivables |
328,296 |
73.4% |
189,368 |
-64.6% |
534,874 |
|
- Misc. Receivables |
1,179,775 |
- |
1,886,991 |
- |
841,037 |
|
Cash |
13,882,025 |
31.1% |
10,585,832 |
90.6% |
5,553,802 |
|
Misc. Current Assets |
99,419 |
- |
69,476 |
- |
313,905 |
|
Total Current Assets |
19,426,496 |
16.6% |
16,657,731 |
99.4% |
8,352,067 |
|
Liabilities |
|||||
|
Trade Accounts Payable |
9,632,705 |
11.4% |
8,644,199 |
103.4% |
4,250,651 |
|
Bank Loans and Liabilities |
10,689 |
-98.8% |
923,665 |
468.8% |
162,396 |
|
Sundry Loan and Liabilities |
588,164 |
- |
1,185,626 |
- |
332,802 |
|
Advanced Payments Received |
3,072,601 |
65.3% |
1,859,142 |
- |
0 |
|
Tax and Social Liabilities |
1,459,081 |
36.7% |
1,067,291 |
39.3% |
766,367 |
|
Miscellaneous Liabilities |
53,589 |
- |
94,464 |
- |
2,607,553 |
|
Provisions for Risks & Charges |
1,425,019 |
3.4% |
1,378,712 |
1,986.9% |
66,064 |
|
Other Capital Resources |
0 |
- |
0 |
- |
0 |
|
Share Capital |
450,000 |
0.0% |
450,000 |
0.0% |
450,000 |
|
Revaluation Reserve |
0 |
- |
0 |
- |
0 |
|
Other Reserves |
3,760,532 |
- |
1,986,317 |
- |
506,009 |
|
Total Shareholders Funds |
4,210,532 |
72.8% |
2,436,317 |
154.8% |
956,009 |
|
|
|||||
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Total Assets |
20,454,371 |
16.3% |
17,589,416 |
92.4% |
9,141,843 |
|
Net Worth |
3,697,822 |
- |
1,907,630 |
- |
394,438 |
|
Ratios |
|||||
|
Account Date |
31/12/2009 |
% |
31/12/2008 |
% |
31/12/2007 |
|
Structure |
|||||
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Protection |
20.59% |
|
13.85% |
|
10.46% |
|
Net Gearing |
2.93% |
|
11.99% |
|
5.42% |
|
Repayment Power |
32.38% |
|
41.45% |
|
66.53% |
|
Capital Requirement |
36.00 day |
|
36.00 day |
|
40.00 day |
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Working Capital Requirement |
-59.00 day |
|
-50.00 day |
|
-379.00 day |
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Net Cash |
95.00 day |
|
86.00 day |
|
380.00 day |
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Performance |
|||||
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Return on Invested Capital |
525.00% |
|
533.00% |
|
98.00% |
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Return on Equity |
70.64% |
|
73.07% |
|
51.45% |
|
Gross Profit |
17.16% Turnover |
|
20.01% Turnover |
|
31.53% Turnover |
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Growth v's Year Ago Qtr |
12,105,878€ |
|
35,354,985€ |
|
4,955,914€ |
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Inventory Returns |
0 |
|
0 |
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0 |
|
Receivables Days |
4.00 day |
|
4.00 day |
|
31.00 day |
|
Payable Days |
78.00 day |
|
86.00 day |
|
332.00 day |
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SIG |
|||||
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Profit |
61.20% Turnover |
|
66.65% Turnover |
|
83.42% Turnover |
|
Gross Profit |
17.16% Turnover |
|
20.01% Turnover |
|
31.53% Turnover |
|
Wage and Salary distribution / Gross Profit |
35.44% Turnover |
|
34.43% Turnover |
|
50.67% Turnover |
|
Gross Operating Surplus |
10.26% Turnover |
|
12.28% Turnover |
|
15.10% Turnover |
|
Pre-tax Income |
9.12% Turnover |
|
10.45% Turnover |
|
14.47% Turnover |
|
Net Profit/Loss |
5.66% |
|
4.40% |
|
9.63% |
Judgements
Collective Procedures
|
Courts |
|
There are no Judgements filed against this company. |
|
Rncs |
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There are no Judgements filed against this company. |
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Bodacc |
|
There are no Judgements filed against this company. |
|
Preferentials Rights |
|
No social security and tax office preferential right to date. |
Group
Structure
|
No group structure for this company. |
Event
history
|
Status history |
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No status history for this company. |
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Recent Publications in Gazettes |
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Publication Date |
Gazette Name |
Description |
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29/09/2010 |
C |
Comptes annuels et rapports |
|
75 - |
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01/10/2009 |
C |
Comptes annuels et rapports |
|
75 - |
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|
12/07/2008 |
C |
Comptes annuels et rapports |
|
75 - |
||
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05/06/2008 |
B |
Modification et mutation diverse |
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75 - |
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05/06/2008 |
B |
Modification et mutation diverse |
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75 - |
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06/12/2007 |
C |
Avis de dépôt des comptes |
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3611 - 410 714 885. RCS Paris REDER SA. Forme: Société anonyme.
Adresse du siège social: 6 rue Anatole De La Forge 75017 |
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06/10/2006 |
C |
Avis de dépôt des comptes |
|
2235 - RCS |
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09/10/2005 |
C |
Avis de dépôt des comptes |
|
2630 - RCS |
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11/05/2005 |
B |
Modifications et mutations diverses |
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3263 - RCS |
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02/05/2001 |
B |
Modifications et mutations diverses |
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RCS Paris B 410714885 RC 97-B 1442 REDER S.A. Forme : S.A Nom
commercial: Vecteurs Direct. Commentaires : modification survenue sur l'
administration. Administration : administrateur partant : MARUANI ( Charles). |
||
|
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02/05/2001 |
B |
Modifications et mutations diverses |
|
RCS Paris B 410714885 RC 97-B 1442 REDER S.A. Forme : S.A Nom
commercial: Vecteurs Direct. Commentaires : modification survenue sur l'
administration. Administration : commissaire aux comptes titulaire partant :
POLACK (Denis). Nomination du commissaire aux comptes titulaire : FRYDLENDER
(Lucien). Commissaire aux comptes suppléant partant : COFIDEC. Nomination du
commissaire aux comptes suppléant : BOIVIN (Michel). |
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07/10/1999 |
B |
Modifications et mutations diverses |
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*. RCS |
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14/03/1997 |
A_REG |
Création d'établissement |
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RCS. RCS B 410 714 885 RC RC 97-B 1442 REDER S.A. Forme : S.A. Capital
: 250 000 F. Adresse du siège social : 6, rue Anatole- de-la-Forge 75017 |
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Company events history |
|
No event history for this company. |
|
Establishment events history |
|
No establishment event history for this company. |
Directors
|
Director |
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|
Name |
TRESOR DU PATRIMOINE |
Manager position |
Directeur général |
|
Date of birth |
30/11/1952 |
Place of birth |
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Type of manager |
Moral person |
Name at birth of manager |
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|
Director |
|||
|
Name |
M MARUANI CHARLES |
Manager position |
Administrateur |
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Date of birth |
05/08/1945 |
Place of birth |
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|
Type of manager |
Individual |
Name at birth of manager |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.65 |
|
|
1 |
Rs.71.93 |
|
Euro |
1 |
Rs.63.24 |
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 |
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 |
|
-- |
NB |
New
Business |
-- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.