MIRA
INFORM REPORT
|
Report Date : |
18.03.2011 |
IDENTIFICATION DETAILS
|
Name : |
COMILOG INTERNATIONAL |
|
|
|
|
Registered Office : |
33 Av Du |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
March 1995 |
|
|
|
|
Com. Reg. No.: |
59201775000049 |
|
|
|
|
Legal Form : |
Simplified Joint Stock Company |
|
|
|
|
Line of Business : |
Other intermediaries commercial out of fuels, metals, minerals and
chemicals |
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 : |
Satisfactory |
|
|
|
|
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 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company
Summary
|
Company Details |
|
|
Company Number |
59201775000049 |
|
Name |
COMILOG INTERNATIONAL |
|
Telephone |
01 53 91 24 00 |
|
Fax |
|
|
Legal form |
Simplified joint stock company |
|
RCS Registration |
592017750 |
|
Share Capital |
6,040 |
|
Incorporation Date |
03/1995 |
|
Address |
33 AV DU |
|
Postcode |
75755 |
|
Nationality |
|
|
Credit Information Summary |
|
|
Credit Limit (€) |
500 |
|
Judgements Summary |
|
No judgements against this company. |
|
Directors Summary |
|
|
Directorships |
1 |
|
Accounts Summary (last 3 years) |
|||
|
Accounts Date |
31/12/2009 |
31/12/2008 |
31/12/2007 |
|
Turnover |
3,417 |
11,437 |
12,671,000 |
|
Networth |
9,424 |
9,573 |
7,802,000 |
|
Number of Employees |
1 or 2 employees |
- |
- |
Company
Information
|
company details |
|
|
Company Name |
COMILOG INTERNATIONAL |
|
Company Number |
59201775000049 |
|
Activity (APE) |
Other intermediaries commercial out of fuels, metals, minerals and
chemicals |
|
Activity (APRM) |
|
|
Currency |
EURO (€) |
|
Share capital |
6,040 |
|
Registration Court |
|
|
Legal form |
Simplified joint stock company |
|
Court Registry Number |
98 B 16222 |
|
EU VAT Number |
FR43592017750 |
|
Incorporation Date |
03/1995 |
|
Formation Date |
04/1994 |
|
Deregistration Date |
|
|
Last account Date |
31/12/2009 |
|
Nationality |
|
|
Establishment details |
|
|
Postal Address |
33 AV DU |
|
Trading Address |
33 AV DU |
|
Telephone |
01 53 91 24 00 |
|
Fax |
|
|
Type |
Head office (one site company) |
|
Status |
Economically active |
|
Formation Date |
04/1994 |
|
Reason for formation |
Other |
|
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 |
||||||||||||
|
|||||||||||||
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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 |
1 or 2 employees |
|
Company workforce |
1 or 2 employees |
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 |
3,417 |
-70.1% |
11,437 |
-99.9% |
12,671,000 |
|
Exports |
3,417 |
-70.1% |
11,437 |
-99.9% |
11,645,000 |
|
Operating Charges |
3,529 |
-62.8% |
9,479 |
-99.9% |
13,254,000 |
|
Operating Profit |
-111 |
-105.7% |
1,958 |
100.3% |
-579,000 |
|
Financial Income |
1 |
-75.0% |
4 |
-100.0% |
16,000 |
|
Financial Charges |
39 |
-79.0% |
186 |
-99.6% |
45,000 |
|
Pre-Tax Profit |
-149 |
-108.4% |
1,776 |
100.3% |
-608,000 |
|
Extraordinary Income |
0 |
- |
0 |
-100.0% |
317,000 |
|
Extraordinary Charges |
0 |
- |
0 |
-100.0% |
37,000 |
|
Net Profit |
-149 |
-108.4% |
1,771 |
100.5% |
-343,000 |
|
Balance Sheet |
|||||
|
Account Date |
31/12/2009 |
% |
31/12/2008 |
% |
31/12/2007 |
|
Assets |
|||||
|
- Tangible assets |
0 |
- |
0 |
-100.0% |
1,000 |
|
Intangible assets |
1,829 |
0.0% |
1,829 |
-99.9% |
1,829,000 |
|
Financial assets |
5 |
0.0% |
5 |
-99.9% |
5,000 |
|
Total fixed assets |
1,834 |
0.0% |
1,834 |
-99.9% |
1,835,000 |
|
Stocks |
0 |
- |
0 |
- |
0 |
|
Receivables |
10,004 |
-26.6% |
13,624 |
-99.9% |
11,221,000 |
|
- Trade Receivables |
4,775 |
-64.2% |
13,348 |
-99.9% |
10,152,000 |
|
- Misc. Receivables |
5,229 |
- |
276 |
- |
1,069,000 |
|
Cash |
0 |
- |
0 |
-100.0% |
345,000 |
|
Misc. Current Assets |
|
- |
|
- |
|
|
Total Current Assets |
10,004 |
-26.6% |
13,624 |
-99.9% |
11,566,000 |
|
Liabilities |
|||||
|
Trade Accounts Payable |
392 |
242.0% |
-276 |
-100.0% |
1,056,000 |
|
Bank Loans and Liabilities |
2 |
-33.3% |
3 |
-100.0% |
4,361,000 |
|
Sundry Loan and Liabilities |
1,035 |
- |
5,875 |
- |
|
|
Advanced Payments Received |
0 |
- |
0 |
- |
0 |
|
Tax and Social Liabilities |
917 |
326.5% |
215 |
-99.8% |
143,000 |
|
Miscellaneous Liabilities |
55 |
- |
55 |
- |
26,000 |
|
Provisions for Risks & Charges |
14 |
0.0% |
14 |
-99.9% |
14,000 |
|
Other Capital Resources |
0 |
- |
0 |
- |
0 |
|
Share Capital |
6,040 |
0.0% |
6,040 |
-99.9% |
6,040,000 |
|
Revaluation Reserve |
0 |
- |
0 |
- |
0 |
|
Other Reserves |
3,384 |
- |
3,533 |
- |
1,762,000 |
|
Total Shareholders Funds |
9,424 |
-1.6% |
9,573 |
-99.9% |
7,802,000 |
|
|
|||||
|
Total Assets |
11,839 |
-23.4% |
15,458 |
-99.9% |
13,401,000 |
|
Net Worth |
7,595 |
- |
7,744 |
- |
5,973,000 |
|
Ratios |
|||||
|
Account Date |
31/12/2009 |
% |
31/12/2008 |
% |
31/12/2007 |
|
Structure |
|||||
|
Protection |
79.60% |
|
61.93% |
|
58.22% |
|
Net Gearing |
8.76% |
|
38.03% |
|
32.54% |
|
Repayment Power |
-694.63% |
|
331.73% |
|
-1,270.85% |
|
Capital Requirement |
910.00 day |
|
429.00 day |
|
294.00 day |
|
Working Capital Requirement |
910.00 day |
|
429.00 day |
|
284.00 day |
|
Net Cash |
0 |
|
0 |
|
10.00 day |
|
|
|||||
|
Performance |
|||||
|
Return on Invested Capital |
-6.00% |
|
107.00% |
|
-32.00% |
|
Return on Equity |
-1.58% |
|
18.50% |
|
-4.40% |
|
Gross Profit |
7.90% Turnover |
|
20.49% Turnover |
|
-1.03% Turnover |
|
Growth v's Year Ago Qtr |
-8,020€ |
|
-12,659,563€ |
|
1,859,000€ |
|
Inventory Returns |
0 |
|
0 |
|
0 |
|
Receivables Days |
503.00 day |
|
420.00 day |
|
288.00 day |
|
Payable Days |
45.00 day |
|
-11.00 day |
|
30.00 day |
|
|
|||||
|
SIG |
|||||
|
Profit |
0 |
|
0 |
|
0 |
|
Gross Profit |
7.90% Turnover |
|
20.49% Turnover |
|
-1.03% Turnover |
|
Wage and Salary distribution / Gross Profit |
118.15% Turnover |
|
14.12% Turnover |
|
-317.69% Turnover |
|
Gross Operating Surplus |
-3.28% Turnover |
|
17.12% Turnover |
|
-4.60% Turnover |
|
Pre-tax Income |
-4.36% Turnover |
|
15.53% Turnover |
|
-4.80% Turnover |
|
Net Profit/Loss |
-4.36% |
|
15.48% |
|
-2.71% |
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 |
ERAMET |
||
|
Companies in Group |
89 |
||
|
Company Name |
Country |
Share |
Latest Annual Accounts |
|
ERAMET |
632045381 |
- |
31/12/2009 |
|
ERAMET INGÉNIERIE |
301570214 |
100 % |
31/12/2009 |
|
ERAMET RESEARCH |
301608634 |
100 % |
31/12/2009 |
|
-SOCIÉTÉ LE NICKEL |
|
56 % |
N/A |
|
EUROTUNGSTENE |
325538973 |
100 % |
31/12/2009 |
|
SOCIÉTÉ DE LA PETITE FAYE |
393811930 |
100 % |
N/A |
|
POUM SAS |
|
56 % |
N/A |
|
COMINC |
702045394 |
56 % |
N/A |
|
STRAND MINERALS PTE LTD |
|
66.66 % |
N/A |
|
PT WEDA BAY NICKEL |
|
90 % |
N/A |
|
WEDA BAY MINERALS PTY LTD |
|
100 % |
N/A |
|
WEDA BAY MINERALS INC |
|
100 % |
N/A |
|
ERAMET HOLDING NICKEL |
335120515 |
100 % |
31/12/2009 |
|
ERAMET INTERNATIONAL |
398932939 |
100 % |
31/12/2009 |
|
BROWN |
382844579 |
100 % |
31/12/2009 |
|
-ERAMET COMILOG MANGANÈSE |
424947935 |
83.63 % |
31/12/2009 |
|
-COMPAGNIE MINIÈRE DE L' OGOOUÉ Z I DE MOANDA SA |
|
67.25 % |
N/A |
|
UNIMIN HOLDING GMBH |
|
100 % |
N/A |
|
-COMILOG FRANCE |
307046060 |
100 % |
31/12/2009 |
|
COMILOG DUNKERQUE |
345308936 |
100 % |
31/12/2009 |
|
ERACHEM COMILOG SA |
|
100 % |
N/A |
|
-COMILOG HOLDING |
404913105 |
100 % |
31/12/2009 |
|
COMILOG INTERNATIONAL |
592017750 |
100 % |
31/12/2009 |
|
COMILOG |
|
100 % |
N/A |
|
SETRAG SA |
|
83.88 % |
N/A |
|
PORT MINÉRALIER D\'OWENDO ( |
|
97.24 % |
N/A |
|
ERACHEM COMILOG INC |
|
100 % |
N/A |
|
GUANGXI COMILOG FERRO ALLOYS |
|
70 % |
N/A |
|
GUILIN COMILOG FERRO ALLOYS LTD |
|
100 % |
N/A |
|
COMILOG ASIA FERRO ALLOYS LTD |
|
100 % |
N/A |
|
MINER |
|
100 % |
N/A |
|
-GULF CHEMICAL & METALLURGICAL CORP. |
|
67.25 % |
N/A |
|
BEAR METALLURGICAL CORPORATION |
|
100 % |
N/A |
|
INDUSTRIAS SULFAMEX/ERACHEM MEXICO SA |
|
100 % |
N/A |
|
COMILOG |
|
100 % |
N/A |
|
COMILOG FAR EAST DEVELOPMENT LTD |
|
100 % |
N/A |
|
ERAMET COMILOG SHANGAI TRADING CO LTD |
|
93.45 % |
N/A |
|
GUANGXI ERAMET COMILOG CHEMICALS |
|
100 % |
N/A |
|
ERAMET MARIETTA INC. |
|
100 % |
N/A |
|
GULF CHEMICAL AND METALLURGICAL CANADA CORPORATION |
|
100 % |
N/A |
|
ERAMET |
|
100 % |
N/A |
|
ERAMET |
|
100 % |
N/A |
|
-ERAMET ALLIAGES |
432883817 |
100 % |
31/12/2009 |
|
-AUBERT & DUVAL |
380342808 |
100 % |
31/12/2009 |
|
AUBERT & DUVAL |
|
100 % |
N/A |
|
AUBERT & DUVAL |
|
-1 |
N/A |
|
AIRFORGE |
447715095 |
100 % |
31/12/2009 |
|
AUBERT & DUVAL ITALIA |
|
-1 |
N/A |
|
SOCIÉTÉ INTERNATIONALE DE FORGEAGE ET DE MATRICAGE |
732032271 |
94 % |
31/12/2009 |
|
AUBERT & DUVAL DEUTSCHLAND |
|
-1 |
N/A |
|
AUBERT & DUVAL |
|
-1 |
N/A |
|
-ERASTEEL |
352849137 |
100 % |
31/12/2009 |
|
ERASTEEL UK LTD |
|
100 % |
N/A |
|
ERASTEEL COMMENTRY |
562092643 |
100 % |
31/12/2009 |
|
ERASTEEL GMBH |
|
100 % |
N/A |
|
ERAMET KOREA LTD |
|
100 % |
N/A |
|
-ERASTEEL KLOSTER A.B. |
|
100 % |
N/A |
|
ERASTEEL INC |
|
100 % |
N/A |
|
ERASTEEL STUBS LIMITED |
|
100 % |
N/A |
|
ERASTEEL CHAMPAGNOLE |
320564321 |
100 % |
31/12/2009 |
|
ERASTEEL FAR EAST |
|
100 % |
N/A |
|
ERAMET INTERNATIONAL S.A.S. |
|
-1 |
N/A |
|
ERASTEEL INNOVATIVE MATERIAL CO LTD |
|
100 % |
N/A |
|
-SOCIÉTÉ INDUSTRIELLE DE MÉTALLURGIE AVANCÉE |
562013995 |
100 % |
31/12/2009 |
|
MICROSTEEL - CIMD |
312610629 |
100 % |
31/12/2009 |
|
STAHLSCHMIDT GMBH |
|
100 % |
N/A |
|
-ERAMET HOLDING MANGANÈSE |
414947275 |
100 % |
31/12/2009 |
|
COMILOG ASIA LTD |
|
80 % |
N/A |
|
METAL CURRENCIES |
493227482 |
100 % |
31/12/2009 |
|
MÉTAL SÉCURITIES |
418457362 |
100 % |
31/12/2009 |
|
ERAS S.A. |
|
100 % |
N/A |
|
-ERALLOYS HOLDING A/S |
|
100 % |
N/A |
|
TINFOS INTERNATIONAL A/S |
|
100 % |
N/A |
|
VALDI |
479736894 |
100 % |
31/12/2009 |
|
TINFOS NOTODDEN |
|
34 % |
N/A |
|
DNN INDUSTRIER A/S |
|
100 % |
N/A |
|
ERAMET TINFOS TITAN A/S |
|
100 % |
N/A |
|
ERAMET TITANIUM & IRON A/S |
|
100 % |
N/A |
|
ERAMET |
|
100 % |
N/A |
|
TINFOS A/S |
|
33.35 % |
N/A |
|
UKAD SAS |
509667838 |
50 % |
31/12/2009 |
|
TINFOS AQUA A/S |
|
100 % |
N/A |
|
AUBERT & DUVAL MOLD AND DIE TECHNOLOGY |
|
85 % |
N/A |
|
SOMIVAB |
|
83 % |
N/A |
|
SOGAFERRO |
|
69.99 % |
N/A |
|
GULF CHEMICAL AND METALLURGICAL CORP. |
|
67.25 % |
N/A |
|
COMILOG |
|
67.25 % |
N/A |
|
TINFOS ENERGI A/S |
|
100 % |
N/A |
|
ERAMET TITAN A/S |
|
100 % |
N/A |
Event
history
|
Status history |
|
No status history for this company. |
|
Recent Publications in Gazettes |
||
|
Publication Date |
Gazette Name |
Description |
|
20/09/2010 |
C |
Comptes annuels et rapports |
|
75 - |
||
|
|
||
|
20/09/2009 |
C |
Comptes annuels et rapports |
|
75 - |
||
|
|
||
|
30/10/2008 |
C |
Comptes annuels et rapports |
|
75 - |
||
|
|
||
|
18/12/2007 |
C |
Avis de dépôt des comptes |
|
7686 - 592 017 750. RCS |
||
|
|
||
|
17/01/2007 |
C |
Avis de dépôt des comptes |
|
6757 - RCS |
||
|
|
||
|
28/01/2006 |
C |
Avis de dépôt des comptes |
|
4918 - RCS |
||
|
|
||
|
07/04/2004 |
B |
Modifications et mutations diverses |
|
RCS |
||
|
|
||
|
10/10/2002 |
B |
Modifications et mutations diverses |
|
RCS |
||
|
|
||
|
10/10/2002 |
B |
Modifications et mutations diverses |
|
RCS |
||
|
|
||
|
09/01/2002 |
B |
Modifications et mutations diverses |
|
RCS |
||
|
|
||
|
02/01/2002 |
B |
Modifications et mutations diverses |
|
RCS |
||
|
|
||
|
29/11/1998 |
B |
Modifications et mutations diverses |
|
RCS |
||
|
|
||
|
19/10/1996 |
B |
Modifications et mutations diverses |
|
RCS |
||
|
|
||
|
30/04/1995 |
B |
Modifications et mutations diverses |
|
RCS *. RCS |
||
|
|
||
Company events history
|
|
|
Date |
Description |
|
20/09/2010 |
Bodacc C : Deposit accounts notice |
|
31/12/2009 |
New accounts available |
|
20/09/2009 |
Bodacc C : Deposit accounts notice |
|
31/12/2008 |
New accounts available |
|
30/10/2008 |
Bodacc C : Deposit accounts notice |
|
31/12/2007 |
New accounts available |
|
31/12/2006 |
New accounts available |
|
31/12/2005 |
New accounts available |
|
31/12/2004 |
New accounts available |
|
25/03/2004 |
PV d'Assemblée |
|
25/03/2004 |
Rapport des Commissaires ou du Gérant |
|
25/03/2004 |
Statuts mis à jour |
|
25/03/2004 |
Acte sous seing privé |
|
31/12/2003 |
New accounts available |
|
27/09/2002 |
PV d'Assemblée |
|
27/09/2002 |
Statuts mis à jour |
|
27/09/2002 |
Nomination/démission des organes de gestion |
|
27/09/2002 |
Modification du Conseil d'Administration |
|
27/09/2002 |
Acte sous seing privé |
|
27/09/2002 |
PV du Conseil d'Administration |
Directors
|
Director |
|||
|
Name |
M ABEKE MARCEL |
Manager position |
Président du conseil d'administration |
|
Date of birth |
26/04/1953 |
Place of birth |
BRAZAVILLE |
|
Type of manager |
Individual |
Name at birth of
manager |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.24 |
|
|
1 |
Rs.72.57 |
|
Euro |
1 |
Rs.63.00 |
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.