MIRA
INFORM REPORT
|
Report Date : |
29.06.2011 |
IDENTIFICATION DETAILS
|
Correct Name : |
CIE INTERNATIONALE VENTE A
DISTANCE |
|
|
|
|
Registered Office : |
22 Rue De La Blanche Porte, 59200 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
February 1981 |
|
|
|
|
Com. Reg. No.: |
321008013 |
|
|
|
|
Legal Form : |
Simplified Joint Stock Company with Single Associate |
|
|
|
|
Line of Business : |
On Remote Sales 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 : |
(€) 2,000,000 |
|
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 – 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 |
Company
Summary
|
Company Details |
|
|
Company Number |
32100801300013 |
|
Name |
CIE INTERNATIONALE VENTE A DISTANCE |
|
Telephone |
03 20 28 20 28 |
|
Fax |
|
|
Legal form |
Simplified Joint Stock Company with Single Associate |
|
RCS Registration |
321008013 |
|
Share Capital |
20,000,008 |
|
Incorporation Date |
02/1981 |
|
Address |
22 RUE DE LA BLANCHE PORTE |
|
Postcode |
59200 |
|
Nationality |
|
|
Credit Information Summary |
|
|
Company Status |
Economically active |
|
Credit Limit (€) |
2,000,000 |
|
Judgements Summary |
|
No judgements against this company. |
|
Directors Summary |
|
|
Directorships |
1 |
|
Accounts Summary (last 3 years) |
|||
|
Accounts Date |
31/12/2009 |
31/12/2008 |
31/12/2006 |
|
Turnover |
212,173,962 |
251,150,815 |
267,511,598 |
|
Networth |
12,707,330 |
4,807,300 |
13,003,687 |
|
Number of Employees |
1 000 to 1 999 employees |
- |
- |
Company
Information
|
company details |
|
|
Company Name |
CIE INTERNATIONALE VENTE A DISTANCE |
|
Company Number |
32100801300013 |
|
Activity (APE) |
|
|
Activity (APRM) |
|
|
Currency |
EURO (€) |
|
Share capital |
20,000,008 |
|
Registration Court |
Roubaix-Tourcoing (59) |
|
Legal form |
Simplified Joint Stock Company with Single Associate |
|
Court Registry Number |
19 8 1B200 |
|
EU VAT Number |
|
|
Incorporation Date |
02/1981 |
|
Formation Date |
09/1980 |
|
Deregistration Date |
|
|
Last account Date |
31/12/2009 |
|
Nationality |
|
|
Establishment details |
|
|
Postal Address |
22 RUE DE LA BLANCHE PORTE, |
|
Trading Address |
22 RUE DE LA BLANCHE PORTE, |
|
Telephone |
03 20 28 20 28 |
|
Fax |
|
|
Type |
Head office |
|
Status |
Economically active |
|
Formation Date |
09/1980 |
|
Reason for formation |
Purchase |
|
Closure Date |
|
|
Reason for closure |
|
|
Reactivation Date |
|
|
Production Role |
|
|
Activity Nature |
|
|
Activity Location |
|
|
Location Service |
|
|
Seasonality |
|
|
Other establishments |
|||||||||||||||||||||||||||||||||||||
|
Branches |
3 branch entities in this
company |
||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||
|
|
|
|
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 |
500 to 999 employees |
|
Company workforce |
1 000 to 1 999 employees |
Accounts
& Ratios
|
Profit & Loss |
|||||
|
Account Date |
31/12/2009 |
% |
31/12/2008 |
% |
31/12/2006 |
|
Account period (month) |
12 |
- |
12 |
- |
12 |
|
Account Type |
Normal Account |
- |
Normal Account |
- |
Normal Account |
|
Currency |
Euro |
- |
Euro |
- |
Euro |
|
Turnover |
212,173,962 |
-15.5% |
251,150,815 |
-6.1% |
267,511,598 |
|
Exports |
29,440,692 |
-10.3% |
32,819,858 |
30.1% |
25,220,575 |
|
Operating Charges |
237,811,999 |
-14.2% |
277,252,506 |
0.4% |
276,270,887 |
|
Operating Profit |
-12,799,350 |
26.7% |
-17,450,573 |
-5,079.9% |
-336,889 |
|
Financial Income |
1,552,116 |
-30.0% |
2,218,061 |
13.5% |
1,955,081 |
|
Financial Charges |
667,503 |
-50.7% |
1,355,287 |
66.7% |
813,136 |
|
Pre-Tax Profit |
-11,914,737 |
28.2% |
-16,587,799 |
-2,160.5% |
805,056 |
|
Extraordinary Income |
241,692 |
-97.0% |
8,060,743 |
838.4% |
858,982 |
|
Extraordinary Charges |
676,087 |
-4.3% |
706,648 |
-59.3% |
1,737,482 |
|
Net Profit |
-12,217,330 |
-33.3% |
-9,168,691 |
-916,869,200.0% |
1 |
|
Balance Sheet |
|||||
|
Account Date |
31/12/2009 |
% |
31/12/2008 |
% |
31/12/2006 |
|
Assets |
|||||
|
- Tangible assets |
9,053,482 |
-3.6% |
9,390,049 |
-3.5% |
9,732,935 |
|
Intangible assets |
2,446,365 |
2.5% |
2,386,930 |
2.2% |
2,335,121 |
|
Financial assets |
14,181 |
-5.0% |
14,922 |
25.2% |
11,922 |
|
Total fixed assets |
11,514,028 |
-2.4% |
11,791,901 |
-2.4% |
12,079,978 |
|
Stocks |
25,898,498 |
-23.0% |
33,620,260 |
-18.0% |
40,977,602 |
|
Receivables |
24,735,057 |
-18.0% |
30,161,187 |
8.1% |
27,894,270 |
|
- Trade Receivables |
12,558,686 |
-36.0% |
19,610,156 |
-12.8% |
22,501,221 |
|
- Misc. Receivables |
12,176,371 |
- |
10,551,031 |
- |
5,393,049 |
|
Cash |
816,361 |
-77.5% |
3,633,261 |
-38.3% |
5,891,830 |
|
Misc. Current Assets |
|
- |
|
- |
|
|
Total Current Assets |
51,449,916 |
-23.7% |
67,414,708 |
-9.8% |
74,763,702 |
|
Liabilities |
|||||
|
Trade Accounts Payable |
21,142,464 |
-13.0% |
24,295,498 |
-1.2% |
24,591,088 |
|
Bank Loans and Liabilities |
970,007 |
160.8% |
371,948 |
1,449.8% |
24,000 |
|
Sundry Loan and Liabilities |
|
- |
22,310,576 |
- |
17,280,655 |
|
Advanced Payments Received |
2,410,314 |
17.8% |
2,046,745 |
-1.8% |
2,084,773 |
|
Tax and Social Liabilities |
9,740,420 |
0.0% |
9,737,225 |
12.7% |
8,640,840 |
|
Miscellaneous Liabilities |
10,206,895 |
- |
10,824,747 |
- |
17,057,738 |
|
Provisions for Risks & Charges |
3,875,459 |
32.0% |
2,935,932 |
46.2% |
2,008,753 |
|
Other Capital Resources |
0 |
- |
0 |
- |
0 |
|
Share Capital |
20,000,008 |
777.2% |
2,280,000 |
0.0% |
2,280,000 |
|
Revaluation Reserve |
0 |
- |
0 |
- |
0 |
|
Other Reserves |
-7,292,678 |
- |
2,527,300 |
- |
10,723,687 |
|
Total Shareholders Funds |
12,707,330 |
164.3% |
4,807,300 |
-63.0% |
13,003,687 |
|
|
|||||
|
Total Assets |
62,963,944 |
-20.5% |
79,206,608 |
-8.8% |
86,843,682 |
|
Net Worth |
10,260,965 |
- |
2,420,370 |
- |
10,668,566 |
|
Ratios |
|||||
|
Account Date |
31/12/2009 |
% |
31/12/2008 |
% |
31/12/2006 |
|
Structure |
|||||
|
Protection |
20.18% |
|
6.07% |
|
14.97% |
|
Net Gearing |
1.54% |
|
28.64% |
|
19.93% |
|
Repayment Power |
0 |
|
-303.28% |
|
828.24% |
|
Capital Requirement |
9.00 day |
|
26.00 day |
|
27.00 day |
|
Working Capital Requirement |
9.00 day |
|
22.00 day |
|
19.00 day |
|
Net Cash |
0 |
|
5.00 day |
|
8.00 day |
|
|
|||||
|
Performance |
|||||
|
Return on Invested Capital |
-117.00% |
|
-111.00% |
|
-9.00% |
|
Return on Equity |
-96.14% |
|
-190.72% |
|
0 |
|
Gross Profit |
11.21% Turnover |
|
10.06% Turnover |
|
13.19% Turnover |
|
Growth v's Year Ago Qtr |
-38,976,853€ |
|
-16,360,783€ |
|
51,707,957€ |
|
Inventory Returns |
0 |
|
0 |
|
0 |
|
Receivables Days |
23.00 day |
|
30.00 day |
|
31.00 day |
|
Payable Days |
42.00 day |
|
40.00 day |
|
38.00 day |
|
|
|||||
|
SIG |
|||||
|
Profit |
57.92% Turnover |
|
59.31% Turnover |
|
58.28% Turnover |
|
Gross Profit |
11.21% Turnover |
|
10.06% Turnover |
|
13.19% Turnover |
|
Wage and Salary distribution / Gross Profit |
145.51% Turnover |
|
138.92% Turnover |
|
93.79% Turnover |
|
Gross Operating Surplus |
-6.37% Turnover |
|
-5.21% Turnover |
|
-0.40% Turnover |
|
Pre-tax Income |
-5.62% Turnover |
|
-6.60% Turnover |
|
0.30% Turnover |
|
Net Profit/Loss |
-5.76% |
|
-3.65% |
|
0 |
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 |
|
No social security and tax office preferential right to
date. |
Group
Structure
|
Ultimate Parent |
|||
|
Ultimate Parent Company |
3 SUISSES INTERNATIONAL |
||
|
Companies in Group |
31 |
||
|
Company Name |
Country |
Share |
Latest Annual Accounts |
|
3 SUISSES INTERNATIONAL |
477180467 |
- |
31/12/2009 |
|
-MARTINTER |
487602740 |
100 % |
31/12/2009 |
|
-COFIDIS PARTICIPATIONS |
378176291 |
44 % |
31/12/2003 |
|
YI MEI JA |
|
50 % |
N/A |
|
XPL |
332211739 |
99.98 % |
31/12/2009 |
|
SÉNIOR & COMPAGNIE |
300094562 |
99.89 % |
31/12/2009 |
|
-COMMERCE BTOB |
398259853 |
100 % |
31/12/2008 |
|
-JM BRUNEAU |
343958138 |
99.99 % |
N/A |
|
ORGA SYSTEM |
308549310 |
99.99 % |
31/12/2008 |
|
OTTO OFFICE |
404451494 |
100 % |
N/A |
|
JM BRUNEAU ESPANA |
|
100 % |
N/A |
|
COMMERCE BTOC |
408536928 |
-1 |
31/12/2009 |
|
MONABANQ |
341792448 |
49 % |
31/12/2009 |
|
ID3SI |
434279600 |
99.94 % |
31/12/2009 |
|
DIREXI |
351746094 |
99.99 % |
31/12/2009 |
|
BECQUET SAS |
466500683 |
51 % |
31/12/2009 |
|
BEAUTÉ CRÉATEURS PARTICIPATIONS |
393258298 |
91.63 % |
31/12/2009 |
|
CONTENTIA |
348967332 |
100 % |
31/12/2009 |
|
-VAD HOLDING |
411129257 |
100 % |
31/12/2009 |
|
-3 SUISSES |
475581591 |
89.97 % |
31/12/2009 |
|
CIDAL |
552019697 |
99.80 % |
31/12/2008 |
|
3S ASSURANCES |
349807388 |
90 % |
31/12/2008 |
|
3 SUISSES VOYAGES |
389655978 |
99.80 % |
31/12/2009 |
|
-COGEDAC |
309495299 |
99.99 % |
31/12/2008 |
|
COGEMAG |
475580437 |
99.87 % |
31/12/2005 |
|
MONDIAL RELAY |
385218631 |
99.95 % |
31/12/2008 |
|
CITÉ NUMÉRIQUE |
377559646 |
99.99 % |
31/12/2003 |
|
APART |
501186803 |
51 % |
31/12/2009 |
|
-COMPAGNIE INTERNATIONALE POUR LA VENTE À DISTANCE |
321008013 |
100 % |
31/12/2009 |
|
ZABOR SARL |
|
100 % |
N/A |
|
EQUIPAR SAS |
378176473 |
99.99 % |
31/12/2009 |
Event
history
|
Status
history |
|
No status history for this
company. |
|
Recent
Publications in Gazettes |
||
|
Publication
Date |
Gazette
Name |
Description |
|
02/02/2010 |
B |
Modification et mutation
diverse |
|
59
- NORD |
||
|
|
||
|
29/10/2008 |
B |
Modification et mutation
diverse |
|
59
- NORD |
||
|
|
||
|
29/10/2008 |
B |
Modification et mutation
diverse |
|
59
- NORD |
||
|
|
||
|
12/10/2008 |
B |
Modification et mutation
diverse |
|
59
- NORD |
||
|
|
||
|
12/10/2008 |
B |
Modification et mutation
diverse |
|
59
- NORD |
||
|
|
||
|
20/12/2007 |
C |
Avis de dépôt des comptes |
|
7541
- 321 008 013. RCS |
||
|
|
||
|
20/12/2007 |
C |
Avis de dépôt des comptes |
|
7540
- 321 008 013. RCS |
||
|
|
||
|
20/12/2007 |
C |
Avis de dépôt des comptes |
|
7539
- 321 008 013. RCS |
||
|
|
||
|
14/09/2005 |
B |
Modifications et mutations
diverses |
|
1045
- RCS Roubaix-Tourcoing B 321 008 013. RC 81-B 20023. COMPAGNIE
INTERNATIONALE POUR LA VENTE A DISTANCE. Sigle : CIVAD. Forme : S.A.S. Capital
: 2 280 000 euros. Adresse du siège social : 22 rue de la Blanche-Porte,,
59200 Administration : président : MONIEZ (Jacques). Commissaires aux comptes
titulaires : K.P.M.G ACEA. Commissaires aux comptes suppléants : S.C.P.
JEAN-CLAUDE ANDRE Mme SAUVAGE (Catherine). Ancienne administration : ancien
commissaire aux comptes titulaire : STE CABINET BRACQ-VANDENBURIE ET
ASSOCIES. Anciens commissaires aux comptes suppléants : RIVIERE (Gérard)
MOLARD (Jean, Paul). Etablissement principal - Activité : distribution
commerciale et vente par correspondance. Adresse : 22 rue |
||
|
|
||
|
28/11/2004 |
B |
Modifications et mutations
diverses |
|
Ancienne
situation du siège social. RCS Roubaix-Tourcoing B 321008013 RC 81-B 20023
COMPAGNIE INTERNATIONALE POUR LA VENTE A DISTANCE. Sigle : CIVAD. Forme : S.
A. à conseil d'administration. Capital : 2 280 000 euros. Adresse : 22 rue |
||
|
|
||
|
17/11/2004 |
B |
Modifications et mutations
diverses |
|
RCS
Roubaix-Tourcoing B 321008013 RC 81- B 20023 COMPAGNIE INTERNATIONALE POUR LA
VENTE A DISTANCE. Sigle : CIVAD. Forme : S.A. à conseil d'administration.
Capital : 2 280 000 euros. Adresse du siège social : 22 rue |
||
|
|
||
|
21/01/2003 |
B |
Modifications et mutations
diverses |
|
RCS
Roubaix-Tourcoing B 321008013 RC 81- B 20023 COMPAGNIE INTERNATIONALE POUR LA
VENTE A DISTANCE. Sigle : CIVAD. Forme : S.A. à conseil d'administration.
Capital : 2 280 000 euros. Adresse du siège social : 22 rue |
||
|
|
||
|
17/04/2002 |
B |
Modifications et mutations
diverses |
|
RCS
Roubaix-Tourcoing B 321008013 RC 81- B 20023 COMPAGNIE INTERNATIONALE POUR LA
VENTE A DISTANCE. Sigle : CIVAD. Forme : S.A. à conseil d'administration.
Capital : 2 280 000 euros. Adresse du siège social : 22 rue |
||
|
|
||
|
15/03/2002 |
B |
Modifications et mutations
diverses |
|
Ancienne
situation du siège social. RCS Roubaix-Tourcoing B 321008013 RC 81-B 20023
COMPAGNIE INTERNATIONALE POUR LA VENTE A DISTANCE. Sigle : CIVAD. Forme : S.
A. à conseil d'administration. Capital : 2 286 735,26 euros. Adresse : 22 rue
|
||
|
|
||
|
10/02/2002 |
B |
Modifications et mutations
diverses |
|
RCS
Roubaix-Tourcoing B 321008013 RC 81- B 20023 COMPAGNIE INTERNATIONALE POUR LA
VENTE A DISTANCE. Sigle : CIVAD. Forme : S.A. à conseil d'administration.
Capital : 2 286 735 euros. Adresse du siège social : 22 rue |
||
|
|
||
|
09/03/2000 |
B |
Modifications et mutations diverses |
|
o. RCS Roubaix-Tourcoing B
321 008 013 RC 1981-B 20023 COMPAGNIE INTERNATIONALE POUR LA VENTE A
DISTANCE. Sigle : CIVAD. Forme : S.A. à conseil d' administration. Capital :
15 000 000 de F. Adresse du siège social : 22, rue de la |
||
|
|
||
|
26/07/1998 |
B |
Modifications et mutations diverses |
|
RCS
Roubaix-Tourcoing B 321 008 013 RC 81-B 20023 COMPAGNIE INTERNATIONALE POUR
LA VENTE A DISTANCE. Sigle : CIVAD. Forme : S.A. à conseil d'administration.
Capital : 15 000 000 de F. Adresse du siège social : 22 rue de la Blanche-
Porte 59200 |
||
|
|
||
|
16/09/1997 |
A_REG |
Création d'établissement |
|
RCS.
RCS B 475 580 437 A dater du: 4 juin 1986 RC RC 86-B 77 COGEMAG. Forme : S.A.
Capital : 252 000 F. Adresse du siège social : 12, rue de la Centenaire 59170
Croix ETABLISSEMENT SECONDAIRE. Adresse : 3 et 5, rue de la Madeleine 59500 |
||
|
|
||
|
27/06/1997 |
B |
Modifications et mutations
diverses |
|
RCS
Roubaix-Tourcoing B 321 008 013 RC 81-B 20023 COMPAGNIE INTERNATIONALE POUR
LA VENTE A DISTANCE. Sigle : C.I.V.A. D. Forme : S.A. à conseil d'
administration. Capital : 15 000 000 de F. Adresse du siège social : 22 rue
de la |
||
|
|
||
|
08/06/1997 |
A_REG |
Création d'établissement |
|
RCS
|
||
|
Company
events history |
|
|
Date |
Description |
|
13/08/2010 |
New subsidiarie(s) detected |
|
23/07/2010 |
Update of Company Legal Form |
|
23/07/2010 |
Other modification of Establishment (error correction) |
|
02/02/2010 |
Bodacc B: Various editing or changing |
|
18/01/2010 |
Minutes of general meeting of shareholders |
|
18/01/2010 |
Updated articles of association |
|
18/01/2010 |
Capital increase |
|
18/01/2010 |
Capital reduction |
|
18/01/2010 |
New chairman (CEO, CoB) |
|
05/01/2010 |
Modification to Company Identifier |
|
05/01/2010 |
Update of Company Name |
|
31/12/2009 |
New accounts available |
|
25/12/2009 |
Legal Gazette: Resignation / Revocation of the social
representative |
|
16/12/2009 |
Legal Gazette: Modification of the share capital |
|
16/12/2009 |
Legal Gazette: Appointment of the social representative |
|
14/08/2009 |
Updated articles of association |
|
14/08/2009 |
Minutes of general meeting of shareholders |
|
14/08/2009 |
Private document |
|
31/12/2008 |
New accounts available |
|
29/10/2008 |
Bodacc B: Various editing or changing |
|
Establishment
events history |
|
|
Date |
Description |
|
21/09/2010 |
Update Rating |
|
21/09/2010 |
Update Limit |
|
03/09/2010 |
Update Rating |
|
20/10/2009 |
Update Rating |
|
20/10/2009 |
Update Limit |
|
05/05/2009 |
Update Rating |
|
02/02/2009 |
Update Rating |
|
30/01/2009 |
Update Rating |
|
28/01/2009 |
Update Rating |
|
06/01/2009 |
Update Rating |
|
22/10/2008 |
Update of phone numbers |
|
01/10/2008 |
Update Limit |
|
20/12/2007 |
Update Limit |
|
10/12/2007 |
Update Limit |
|
08/12/2007 |
Update Limit |
Directors
|
Director |
|||
|
Name |
M DURIEZ FRANCK |
Manager position |
Président |
|
Date of birth |
19/08/1965 |
Place of birth |
76 LE PETIT-QUEVILLY |
|
Type of manager |
Individual |
Name at birth of manager |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian
Rupees |
|
US Dollar |
1 |
Rs.45.05 |
|
|
1 |
Rs.71.92 |
|
Euro |
1 |
Rs.64.34 |
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 |
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.