MIRA
INFORM REPORT
|
Report Date : |
15.07.2011 |
IDENTIFICATION DETAILS
|
Name : |
TOURNAIRE SA |
|
|
|
|
Registered Office : |
70 Rte De La Paoute, Quartier Du Plan 06130 Grasse |
|
|
|
|
Country : |
France |
|
|
|
|
Financials (as on) : |
31.12.2008 |
|
|
|
|
Date of Incorporation : |
March 1955 |
|
|
|
|
Com. Reg. No.: |
415550110 |
|
|
|
|
Legal Form : |
National public limited company with board of directors |
|
|
|
|
Line of Business : |
Manufacture of light metal packaging |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
France |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
REGISTERED NAME & COMPANY
SUMMARY
Company
Summary
|
Company Details |
|
|
Company Number |
41555011000019 |
|
Name |
TOURNAIRE SA |
|
Telephone |
04 93 09 34 34 |
|
Fax |
04 93 09 34 00 |
|
Legal form |
National public limited
company with board of directors |
|
RCS Registration |
415550110 |
|
Share Capital |
3,264,000 |
|
Incorporation Date |
03/1955 |
|
Address |
70
RTE DE LA PAOUTE, QUARTIER DU PLAN |
|
Postcode |
06130
GRASSE |
|
Nationality |
France |
Company
Information
|
company details |
|
|
Company Name |
TOURNAIRE SA |
|
Company Number |
41555011000019 |
|
Activity (APE) |
Manufacture of light metal packaging |
|
Activity (APRM) |
|
|
Currency |
EURO (€) |
|
Share capital |
3,264,000 |
|
Registration Court |
Grasse (06) |
|
Legal form |
National public limited
company with board of directors |
|
Court Registry Number |
19
5 5B000 |
|
EU
VAT Number |
FR37415550110 |
|
Incorporation Date |
03/1955 |
|
Formation Date |
01/1955 |
|
Deregistration Date |
|
|
Last account Date |
31/12/2008 |
|
Nationality |
France |
|
Establishment details |
|
|
Postal Address |
70
RTE DE LA PAOUTE,QUARTIER DU PLAN |
|
Trading Address |
70 RTE DE LA
PAOUTE,QUARTIER DU PLAN |
|
Telephone |
04 93 09 34 34 |
|
Fax |
04 93 09 34 00 |
|
Type |
Head office (one site
company) |
|
Status |
Economically active |
|
Formation Date |
01/1955 |
|
Reason for formation |
|
|
Closure Date |
|
|
Reason for closure |
|
|
Reactivation Date |
|
|
Production Role |
|
|
Activity Nature |
- |
|
Activity Location |
Other |
|
Location Service |
|
|
Seasonality |
|
|
Other establishments |
|
|
Branches |
1 branch entities in
this company |
CREDIT RECOMENDATION
Current Credit Limit: Credit
Limit not applicable.
DIRECTORS/MANAGEMENT
|
Director |
|||
|
Name |
TOURNAIRE LUC JEAN
JACQUES |
Manager position |
Président du directoire |
|
Date of birth |
03/08/1953 |
Place of birth |
06 GRASSE |
|
Type of manager |
Individual |
Name at birth of manager |
|
|
Director |
|||
|
Name |
M FORESTIER HENRI |
Manager position |
Directeur général |
|
Date of birth |
11/09/1958 |
Place of birth |
GRASSE |
|
Type of manager |
Individual |
Name at birth of manager |
|
|
Director |
|||
|
Name |
M TOURNAIRE ERIC |
Manager position |
Président |
|
Date of birth |
03/06/1952 |
Place of birth |
GRASSE |
|
Type of manager |
Individual |
Name at birth of manager |
|
|
Director |
|||
|
Name |
M TOURNAIRE CHRISTIAN
HENRI ALBERT |
Manager position |
Vice-président |
|
Date of birth |
08/02/1957 |
Place of birth |
BOULOGNE BILLANCOURT |
|
Type of manager |
Individual |
Name at birth of manager |
|
NEGATIVE INFORMATION
JUDGEMENTS
Collective Procedures
|
Courts |
|
There are no Judgements filed against this company. |
|
Rncs |
|
There are no Judgements filed against this company. |
|
Bodacc |
|
There are no Judgements filed against this company. |
|
Preferentials Rights |
|
|
CCJ Type |
Privilège(s) sécurité sociale, régimes complémentaires |
|
Effective Date |
24/09/2009 |
|
Amount |
4,561 |
|
Creditor |
Caisse de Retraite des Cadres |
|
Radiation Amount |
|
|
Partial Radiation Date |
|
|
Radition Date |
05/10/2009 |
SHARE & SHARE CAPITAL
INFORMATION
Na
PAYMENT INFORMATION
Na
GROUP STRUCTURE & AFFILIATED
COMPANIES
Group Structure
|
No group structure for this company. |
FINANCIAL INFORMATION
|
Accounts Summary (last 3 years) |
|||
|
Accounts Date |
31/12/2008 |
31/12/2007 |
31/12/2006 |
|
Turnover |
43,975,539 |
41,714,840 |
37,101,077 |
|
Networth |
25,873,967 |
24,133,192 |
22,157,366 |
|
Number of Employees |
200 to 249 employees |
- |
- |
Accounts & Ratios
|
Profit & Loss |
|||||
|
Account Date |
31/12/2008 |
% |
31/12/2007 |
% |
31/12/2006 |
|
Account period (month) |
12 |
- |
12 |
- |
12 |
|
Account Type |
Normal Account |
- |
Normal Account |
- |
Normal Account |
|
Currency |
Euro |
- |
Euro |
- |
Euro |
|
Turnover |
43,975,539 |
5.4% |
41,714,840 |
12.4% |
37,101,077 |
|
Exports |
26,952,668 |
- |
0 |
- |
0 |
|
Operating Charges |
41,757,158 |
7.7% |
38,766,417 |
7.7% |
35,986,176 |
|
Operating Profit |
2,701,699 |
-28.9% |
3,799,286 |
84.9% |
2,055,187 |
|
Financial Income |
1,071,241 |
392.0% |
217,731 |
-63.7% |
599,634 |
|
Financial Charges |
136,761 |
-65.1% |
392,231 |
-35.8% |
611,105 |
|
Pre-Tax Profit |
3,636,179 |
0.3% |
3,624,786 |
77.4% |
2,043,716 |
|
Extraordinary Income |
335,010 |
-30.7% |
483,550 |
96.2% |
246,466 |
|
Extraordinary Charges |
685,182 |
-16.5% |
820,893 |
60.5% |
511,329 |
|
Net Profit |
2,250,236 |
15.5% |
1,948,813 |
34.7% |
1,447,006 |
|
Balance Sheet |
|||||
|
Account Date |
31/12/2008 |
% |
31/12/2007 |
% |
31/12/2006 |
|
Assets |
|||||
|
- Tangible assets |
12,632,097 |
3.0% |
12,264,307 |
0.5% |
12,198,167 |
|
Intangible assets |
404,631 |
-0.3% |
405,707 |
-19.7% |
505,075 |
|
Financial assets |
1,682,334 |
0.0% |
1,682,334 |
0.0% |
1,682,334 |
|
Total fixed assets |
14,719,063 |
2.6% |
14,352,348 |
-0.2% |
14,385,576 |
|
Stocks |
4,745,644 |
7.6% |
4,408,983 |
24.3% |
3,546,156 |
|
Receivables |
10,981,032 |
13.7% |
9,659,213 |
0.0% |
9,661,330 |
|
- Trade Receivables |
8,656,494 |
5.2% |
8,227,484 |
20.4% |
6,835,285 |
|
- Misc. Receivables |
2,324,538 |
- |
1,431,729 |
- |
2,826,045 |
|
Cash |
5,642,957 |
0.4% |
5,619,432 |
37.3% |
4,094,008 |
|
Misc. Current Assets |
50,522 |
- |
47,730 |
- |
159,289 |
|
Total Current Assets |
21,420,155 |
8.5% |
19,735,358 |
13.0% |
17,460,783 |
|
Liabilities |
|||||
|
Trade Accounts Payable |
3,623,539 |
26.7% |
2,860,162 |
-10.9% |
3,208,277 |
|
Bank Loans and Liabilities |
503,054 |
63.1% |
308,407 |
-39.4% |
509,031 |
|
Sundry Loan and Liabilities |
801,663 |
- |
784,380 |
- |
1,148,522 |
|
Advanced Payments Received |
24,854 |
-88.6% |
217,599 |
-0.5% |
218,740 |
|
Tax and Social Liabilities |
2,327,010 |
-21.0% |
2,944,075 |
70.9% |
1,722,994 |
|
Miscellaneous Liabilities |
229,245 |
- |
302,870 |
- |
499,197 |
|
Provisions for Risks & Charges |
2,728,354 |
35.6% |
2,011,908 |
-7.6% |
2,177,541 |
|
Other Capital Resources |
0 |
- |
0 |
- |
0 |
|
Share Capital |
3,264,000 |
0.0% |
3,264,000 |
0.0% |
3,264,000 |
|
Revaluation Reserve |
0 |
- |
0 |
- |
0 |
|
Other Reserves |
22,609,967 |
- |
20,869,192 |
- |
18,893,366 |
|
Total Shareholders Funds |
25,873,967 |
7.2% |
24,133,192 |
8.9% |
22,157,366 |
|
|
|||||
|
Total Assets |
36,139,218 |
6.0% |
34,089,980 |
7.0% |
31,848,350 |
|
Net Worth |
25,469,336 |
- |
23,727,485 |
- |
21,652,291 |
|
Ratios |
|||||
|
Account Date |
31/12/2008 |
% |
31/12/2007 |
% |
31/12/2006 |
|
Structure |
|||||
|
Protection |
71.60% |
|
70.79% |
|
69.57% |
|
Net Gearing |
3.61% |
|
3.21% |
|
5.20% |
|
Repayment Power |
17.96% |
|
21.49% |
|
40.96% |
|
Capital Requirement |
120.00 day |
|
109.00 day |
|
110.00 day |
|
Working Capital Requirement |
44.00 day |
|
30.00 day |
|
38.00 day |
|
Net Cash |
42.00 day |
|
46.00 day |
|
37.00 day |
|
|
|||||
|
Performance |
|||||
|
Return on Invested Capital |
36.00% |
|
37.00% |
|
23.00% |
|
Return on Equity |
8.70% |
|
8.08% |
|
6.53% |
|
Gross Profit |
38.48% Turnover |
|
40.48% Turnover |
|
38.33% Turnover |
|
Growth v's Year Ago Qtr |
2,260,699€ |
|
4,613,763€ |
|
2,287,185€ |
|
Inventory Returns |
5.00 day |
|
3.00 day |
|
9.00 day |
|
Receivables Days |
68.00 day |
|
68.00 day |
|
64.00 day |
|
Payable Days |
48.00 day |
|
40.00 day |
|
50.00 day |
|
|
|||||
|
SIG |
|||||
|
Profit |
13.84% Turnover |
|
10.59% Turnover |
|
7.63% Turnover |
|
Gross Profit |
38.48% Turnover |
|
40.48% Turnover |
|
38.33% Turnover |
|
Wage and Salary distribution / Gross Profit |
60.50% Turnover |
|
60.78% Turnover |
|
68.24% Turnover |
|
Gross Operating Surplus |
12.19% Turnover |
|
13.08% Turnover |
|
9.14% Turnover |
|
Pre-tax Income |
8.27% Turnover |
|
8.69% Turnover |
|
5.51% Turnover |
|
Net Profit/Loss |
5.12% |
|
4.67% |
|
3.90% |
FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
|
Judgements Summary |
|
|
Last Published Preferential Right |
24/09/2009 |
|
Directors Summary |
|
|
Directorships |
4 |
|
|||||||||||||
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|
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Regionality |
Legal unit with all establishments in same area |
||||||||||||
|
Mono-activity status |
Legal unit having all establishments with the same main activity |
||||||||||||
|
Workforces |
|
|
Workforce at address |
200 to 249 employees |
|
Company workforce |
200 to 249 employees |
Event history
|
Status history |
|
No status history for this company. |
|
Recent Publications in Gazettes |
||
|
Publication Date |
Gazette Name |
Description |
|
04/10/2010 |
C |
Comptes annuels et rapports |
|
06 - ALPES-MARITIMES |
||
|
|
||
|
21/02/2010 |
B |
Modification et mutation diverse |
|
06 - ALPES-MARITIMES |
||
|
|
||
|
23/09/2009 |
C |
Comptes annuels et rapports |
|
06 - ALPES-MARITIMES |
||
|
|
||
|
12/09/2008 |
C |
Comptes annuels et rapports |
|
06 - ALPES-MARITIMES |
||
|
|
||
|
22/11/2007 |
C |
Avis de dépôt des comptes |
|
335 - 415 550 110. RCS Grasse TOURNAIRE. Forme: Société
anonyme à directoire. Adresse du siège
social: 50 route de la Paoute le Plan de Grasse, 06130 Grasse. Comptes annuels et
rapports de l'exercice clos le: 31 décembre 2006. |
||
|
|
||
|
31/10/2007 |
B |
Modifications et mutations diverses |
|
89 - RCS Grasse B 415 550 110. RC 55-B 11. TOURNAIRE.
Forme : S.A. à directoire. Commentaires : modification survenue sur
l'administration. Administration : commissaire aux comptes suppléant partant
: GAUDRY (Florence). Nomination d'un commissaire aux comptes suppléant : PONS
(Romain). |
||
|
|
||
|
24/10/2007 |
B |
Modifications et mutations diverses |
|
130 - RCS Grasse B 415 550 110. RC 55-B 11. TOURNAIRE.
Forme : S.A. à directoire. Adresse du siège social : Le Plan-de-Grasse, 70
route de la Paoute,, 06130 Commentaires : modification survenue sur l'adresse
du siège social et l'adresse de l'établissement principal. Etablissement
principal - Adresse : quartier du Plan, 70 route de la Paoute, 06130 |
||
|
|
||
|
25/09/2006 |
C |
Avis de dépôt des comptes |
|
93 - RCS Grasse B 415 550 110. RC 55-B 11. TOURNAIRE. Forme:
S.A. à directoire. Adresse du siège
social: le Plan de Grasse 50, route de la Paoute,06130 Grasse. Comptes annuels et
rapports de l'exercice clos le: 31 décembre 2005. |
||
|
|
||
|
14/04/2006 |
B |
Modifications et mutations diverses |
|
0028 - RCS Grasse B 415 550 110. RC 55-B 11. TOURNAIRE.
Forme : S.A. à directoire. Commentaires : modification survenue sur
l'administration. Administration : modification d'un directeur général et
membre du directoire : FORESTIER (Henri). |
||
|
|
||
|
09/03/2006 |
B |
Modifications et mutations diverses |
|
0060 - RCS Grasse B 415 550 110. RC 55-B 11. TOURNAIRE.
Forme : S.A. à directoire. Commentaires : modification survenue sur la forme
juridique et l'administration. Administration : modification d'un membre du
conseil de surveillance : TOURNAIRE (Gilbert). Administrateur partant :
TOURNAIRE (Jean). Modification du président du directoire : TOURNAIRE (Luc,
Jean, Jacques). Modification d'un membre du directoire : FORESTIER (Henri).
Modification du président et membre du conseil de surveillance : TOURNAIRE
(Eric). Administrateur partant : TOURNAIRE (René). Nomination de membres du
conseil de surveillance : TOURNAIRE (François, Dominique, Daniel) FORESTIER
(Brigitte, Marie, Christine). Nomination d'un vice-président et membre du
conseil de surveillance : TOURNAIRE (Christian, Henri, Albert). Nomination de
membres du conseil de surveillance : FORESTIER (Agnès, Marie, Nicole)
TOURNAIRE (Fabienne, Marie, Françoise) (Nom d'usage : CHALLE). |
||
|
|
||
|
02/12/2005 |
B |
Modifications et mutations diverses |
|
241 - RCS Grasse B 415 550 110. RC 55-B 11. TOURNAIRE.
Forme : S.A. Adresse du siège social : Le Plan-de-Grasse, 50 route de la
Paoute,, 06130 Commentaires : modification survenue sur l'adresse du siège
social et l'adresse de l'établissement principal. Etablissement principal -
Adresse : 70 route de la Paoute, 06130 |
||
|
|
||
|
22/11/2005 |
C |
Avis de dépôt des comptes |
|
611 - RCS Grasse B 415 550 110. RC 55-B 11. TOURNAIRE. Forme: S.A. Adresse du siège social: quartier Plan,50, route de la
Paoute, 06130 Grasse. Comptes annuels et rapports de
l'exercice clos le: 31 décembre 2004. |
||
|
|
||
|
30/11/2004 |
B |
Modifications et mutations diverses |
|
RCS Grasse B 415550110 RC 55-B 11 TOURNAIRE. Forme : S.A.
Commentaires : modification survenue sur l' administration. Administration :
nomination d'un commissaire aux comptes suppléant : GAUDRY (Florence). |
||
|
|
||
|
30/11/2004 |
B |
Modifications et mutations diverses |
|
RCS Grasse B 415550110 RC 55-B 11 TOURNAIRE. Forme : S.A.
Commentaires : modification survenue sur l' administration. Administration :
modification du président du conseil d' administration et directeur général :
TOURNAIRE (Luc, Jean, Jacques). Modification d'un directeur général délégué :
FORESTIER (Henri). |
||
|
|
||
|
12/08/2004 |
B |
Modifications et mutations diverses |
|
RCS Grasse B 415550110 RC 55-B 11 TOURNAIRE. Forme : S.A.
Capital : 3 264 000 euros. Commentaires : modification survenue sur le
capital (augmentation). |
||
|
|
||
|
29/08/2003 |
B |
Modifications et mutations diverses |
|
RCS Grasse B 415550110 RC 55-B 11 TOURNAIRE. Forme : S.A.
Commentaires : modification survenue sur l' administration. Administration :
administrateur partant : FORESTIER ( Jean-Pierre). Nomination d'un
commissaire aux comptes suppléant : ABEILLE (Jean, Michel). Nomination d'un
administrateur : TOURNAIRE (René). Nomination d'un commissaire aux comptes
titulaire : CLERE (Jean, Yves). |
||
|
|
||
|
02/04/1999 |
B |
Modifications et mutations diverses |
|
RCS *. RCS Grasse B 415 550 110 RC RC 55- B 11 TOURNAIRE.
Forme : S.A. Administration : modification : directeur général et
administrateur : FORESTIER (Henri). Nomination en qualité d'administrateur :
TOURNAIRE ( Eric). Commentaires : modification survenue sur l'administration. |
||
|
|
||
|
Company events
history |
|
|
Date |
Description |
|
04/10/2010 |
Bodacc C : Deposit accounts notice |
|
21/02/2010 |
Bodacc B: Various editing or changing |
|
03/02/2010 |
Minutes of general meeting of shareholders |
|
31/12/2009 |
New accounts available |
|
05/10/2009 |
Preferential right lapsed |
|
24/09/2009 |
New Filling of Social Security preferential right |
|
24/09/2009 |
Unfiling of a Social Security preferential right |
|
23/09/2009 |
Bodacc C : Deposit accounts notice |
|
31/12/2008 |
New accounts available |
|
12/09/2008 |
Bodacc C : Deposit accounts notice |
|
31/12/2007 |
New accounts available |
|
16/10/2007 |
Minutes of general meeting of shareholders |
|
16/10/2007 |
Private document |
|
16/10/2007 |
Appointment/resignation of company officers |
|
03/10/2007 |
Minutes of general meeting of shareholders |
|
03/10/2007 |
Registered office transferred inside jurisdiction of the Commercial
Court |
|
03/10/2007 |
Updated articles of association |
|
03/10/2007 |
Private document |
|
31/12/2006 |
New accounts available |
|
15/03/2006 |
PV d'Assemblée |
NOTES & COMMENTS
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.53 |
|
|
1 |
Rs.71.80 |
|
Euro |
1 |
Rs.63.15 |
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.