MIRA
INFORM REPORT
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Report Date : |
14.01.2011 |
IDENTIFICATION DETAILS
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Name : |
AGORA DISTRIBUTION |
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Registered Office : |
81 Rue Cartier Bresson 93697 Pantin Cede |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Year of Establishment : |
July 2008 |
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Com. Reg. No.: |
50527152800018 |
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Legal Form : |
Simplified Joint Stock Company |
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Line of Business : |
Wholesale or intermediary of trade |
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 : |
(€) 240,000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Unknown |
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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 – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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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
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Company Details |
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Company Number |
50527152800018 |
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Name |
AGORA DISTRIBUTION |
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Telephone |
01 48 91 68 17 |
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Fax |
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Legal form |
Simplified joint stock company |
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RCS Registration |
505271528 |
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Share Capital |
1,000,000 |
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Incorporation Date |
07/2008 |
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Address |
81 RUE CARTIER BRESSON |
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Postcode |
93697 PANTIN CEDEX |
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Nationality |
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Credit Information Summary |
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Company Status |
Economically active |
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Credit Limit (€) |
240,000 |
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Judgements Summary |
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No judgements against this company. |
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Directors Summary |
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Directorships |
1 |
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Accounts Summary (last 3 years) |
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Accounts Date |
31/12/2009 |
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Turnover |
140,459,915 |
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Networth |
774,741 |
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Number of Employees |
0 employee |
Company
Information
|
company details |
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Company Name |
AGORA DISTRIBUTION |
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Company Number |
50527152800018 |
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Activity (APE) |
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Activity (APRM) |
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Currency |
EURO (€) |
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Share capital |
1,000,000 |
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Registration Court |
Bobigny (93) |
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Legal form |
Simplified joint stock company |
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Court Registry Number |
20 0 8B048 |
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EU VAT Number |
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Incorporation Date |
07/2008 |
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Formation Date |
06/2008 |
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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 |
81 RUE CARTIER BRESSON, |
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Trading Address |
81 RUE CARTIER BRESSON, |
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Telephone |
01 48 91 68 17 |
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Fax |
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Type |
Head office (one site company) |
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Status |
Economically active |
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Formation Date |
06/2008 |
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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 |
Wholesale or intermediary of 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 |
1 branch entities in this company |
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Regionality |
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Mono-activity status |
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Workforces |
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Workforce at address |
0 employee |
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Company workforce |
0 employee |
Accounts
& Ratios
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Profit & Loss |
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Account Date |
31/12/2009 |
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Account period (month) |
19 |
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Account Type |
Normal Account |
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Currency |
Euro |
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Turnover |
140,459,915 |
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Exports |
116,599,017 |
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Operating Charges |
139,837,891 |
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Operating Profit |
630,444 |
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Financial Income |
124,979 |
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Financial Charges |
811,692 |
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Pre-Tax Profit |
-56,269 |
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Extraordinary Income |
0 |
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Extraordinary Charges |
153,301 |
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Net Profit |
-225,259 |
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Balance Sheet |
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Account Date |
31/12/2009 |
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Assets |
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- Tangible assets |
3,092,182 |
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Intangible assets |
4,626,211 |
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Financial assets |
600 |
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Total fixed assets |
7,718,993 |
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Stocks |
34,320,509 |
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Receivables |
50,526,256 |
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- Trade Receivables |
30,195,668 |
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- Misc. Receivables |
20,330,588 |
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Cash |
1,745,328 |
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Misc. Current Assets |
-182 |
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Total Current Assets |
86,591,911 |
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Liabilities |
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Trade Accounts Payable |
41,649,592 |
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Bank Loans and Liabilities |
28,006,518 |
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Sundry Loan and Liabilities |
19,397,775 |
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Advanced Payments Received |
0 |
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Tax and Social Liabilities |
3,993,272 |
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Miscellaneous Liabilities |
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Provisions for Risks & Charges |
489,006 |
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Other Capital Resources |
0 |
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Share Capital |
1,000,000 |
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Revaluation Reserve |
0 |
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Other Reserves |
-225,259 |
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Total Shareholders Funds |
774,741 |
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Total Assets |
94,310,904 |
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Net Worth |
-3,851,470 |
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Ratios |
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Account Date |
31/12/2009 |
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Structure |
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Protection |
0.82% |
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Net Gearing |
50.26% |
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Repayment Power |
687.44% |
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Capital Requirement |
53.00 day |
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Working Capital Requirement |
159.00 day |
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Net Cash |
-107.00 day |
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Performance |
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Return on Invested Capital |
66.00% |
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Return on Equity |
-29.08% |
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Gross Profit |
10.03% Turnover |
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Growth v's Year Ago Qtr |
140,459,915€ |
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Inventory Returns |
0 |
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Receivables Days |
123.00 day |
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Payable Days |
147.00 day |
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SIG |
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Profit |
6.95% Turnover |
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Gross Profit |
10.03% Turnover |
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Wage and Salary distribution / Gross Profit |
60.83% Turnover |
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Gross Operating Surplus |
3.63% Turnover |
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Pre-tax Income |
-0.04% Turnover |
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Net Profit/Loss |
-0.16% |
Judgements
Collective Procedures
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Courts |
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There are no Judgements filed against this company. |
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Rncs |
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There are no Judgements filed against this company. |
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Bodacc |
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There are no Judgements filed against this company. |
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Preferentials Rights |
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No social security and tax office preferential right to date. |
Group
Structure
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No group structure for this company. |
Event
history
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Status history |
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Date |
Description |
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20/06/2008 |
Economically active |
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Recent Publications in Gazettes |
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Publication Date |
Gazette Name |
Description |
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07/10/2010 |
B |
Modification et mutation diverse |
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93 - SEINE-SAINT-DENIS |
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05/08/2008 |
A_REG |
Création d'établissement |
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93 - SEINE-SAINT-DENIS |
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05/08/2008 |
A_REG |
Création d'établissement |
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93 - SEINE-SAINT-DENIS |
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Company events history |
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Date |
Description |
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07/10/2010 |
Bodacc B: Various editing or changing |
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28/09/2010 |
Minutes of general meeting of shareholders |
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28/09/2010 |
New chairman (CEO, CoB) |
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31/12/2009 |
New accounts available |
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05/08/2008 |
New Bodacc A ads detected |
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05/08/2008 |
Bodacc A : Establishment creation |
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25/07/2008 |
Appointment/resignation of company officers |
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25/07/2008 |
Fund deposit certificate |
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25/07/2008 |
New chairman (CEO, CoB) |
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25/07/2008 |
Minutes of general meeting of shareholders |
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25/07/2008 |
Articles of association |
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25/07/2008 |
Private document |
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25/07/2008 |
Company formation |
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20/06/2008 |
Formation of Company |
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Establishment events history |
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Date |
Description |
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27/08/2010 |
Update Rating |
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27/08/2010 |
Update Limit |
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25/08/2010 |
Update Limit |
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25/07/2010 |
Update Limit |
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04/01/2010 |
Update Limit |
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30/12/2009 |
Update Rating |
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21/06/2009 |
Update Limit |
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20/06/2009 |
Update Rating |
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14/04/2009 |
Update of phone numbers |
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10/04/2009 |
Update of phone numbers |
Directors
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Director |
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Name |
M DEROUDE EMMANUEL, ROGER |
Manager position |
Président |
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Date of birth |
07/12/1968 |
Place of birth |
AVALLON |
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Type of manager |
Individual |
Name at birth of manager |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.13 |
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|
1 |
Rs.71.05 |
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Euro |
1 |
Rs.59.10 |
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 |
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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-- |
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.