MIRA INFORM REPORT

Report Date :

16.05.2011

IDENTIFICATION DETAILS

Name :	CACHE CACHE
Registered Office :	10 Imp Du Grand Jardin,Zac De La Moinerie, 35400 Saint Malo,
Country :	France
Year of Establishment :	1991
Com. Reg. No.:	38245605100095
Legal Form :	Public Limited Company with Board of Directors.
Line of Business :	Wholesale (business to business) Clothing and Footwear.

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 :	250,000
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)
France	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Company Information

Company Summary

company details

Company Number

38245605100095

Name

CACHE CACHE

Activity(APE)

Commerce de gros (commerce interentreprises) d'habillement et de chaussures (Wholesale (business to business) clothing and footwear)

Share capital

452,098

Registration Court

Saint-Malo (35)

Legal form

Public limited company with board of directors

Court Registry Number

19 9 1B001

Incorporation Date

08/1991

Formation Date

06/1991

Deregistration Date

Last account Date

28/02/2003

Nationality

France

Establishment details

Postal Address

10 IMP DU GRAND JARDIN,ZAC DE LA MOINERIE
35400 SAINT MALO,

Trading Address

10 IMP DU GRAND JARDIN,ZAC DE LA MOINERIE
35400 SAINT MALO,

Telephone

02 99 19 98 98

Fax

02 99 19 98 97

Type

Head office

Status

Economically active

Formation Date

06/1991

Reason for formation

Other

Closure Date

Reason for closure

Reactivation Date

Production Role

Activity Nature

-

Activity Location

Other

Location surface

Seasonality

Department

Ille-et-Vilaine(35)

Region

Bretagne

District

4

Area

96

City

SAINT MALO

Size of urban area

Other establishments

Branches

2 branch entities in this company

Company number	38245605100095	Company name	CACHE CACHE
Type	Head office	Activityape	Commerce de gros (commerce interentreprises) d'habillement et de chaussures
Post Code	35400	City	SAINT MALO

Company number	38245605100111	Company name	CACHE CACHE
Type	Secondary establishment	Activityape	Commerce de gros (commerce interentreprises) d'habillement et de chaussures
Post Code	75002	City	PARIS 2

Company number	38245605100103	Company name	CACHE CACHE
Type	Secondary establishment	Activityape	Commerce de gros (commerce interentreprises) d'habillement et de chaussures
Post Code	47000	City	AGEN

Regionality

Legal unit with multiple establishments in many areas having at least 80% of workforce in same area

Mono-activity status

Legal unit with multiple establishments having main activities in many divisions, which one activity grouping from 80 to 99% of workforce

Workforces

Workforce at address

250 to 499 employees

Company workforce

250 to 499 employees

Limit

Credit Information

Credit Limit

250,000

Synthesized Accounts

Period
Annual Return	28/02/2003
Account period (month)	12
Account Type	Normal Account
Currency	Euro
Active account
Capital not called
Total fixed assets	3,129,725
- Intangible assets	1,097,814
- Tangible assets	447,317
- Financial assets	1,584,595
Net current assets	25,409,725
- Stocks	11,744,439
- Advanced payments	NaN
- Receivables	8,782,309
- Securities and cash	4,409,360
- Prepaid expenses
Account regularization
Total Assets	28,539,451
Passive Account
Shareholder equity	7,690,657
- of which share capital	396,713
Other capital resources
Provisions for risks & charges	32,966
Liabilities	20,815,828
- Financial liabilities	184,055
- Advanced payments received
- Trade account payables	13,215,239
- Tax and social liabilities	3,850,914
- Other debts and fixed assets liabilities	2,853,317
Account of regularization	712,303
Total liabilities	28,539,451
Profit & Loss
Operating income	63,232,522
Net turnover	62,998,288
- of which net export turnover
Operating charges	56,130,482
Operating profit/loss	7,102,040
Financial income	317,268
Financial charges	155,341
Financial profit/loss	161,927
Pretax net operating income	7,263,967
Extraordinary income	689,558
Extraordinary charges	690,378
Extraordinary profit/loss	-820
Net profit/loss	4,412,637

Event history

Status history

Date	Description

Company events history

Date	Description
22/02/2010	New ultimate parent
22/02/2010	New parent detected
14/01/2010	Preferential right lapsed
10/05/2009	Bodacc B: Various editing or changing
22/04/2009	Minutes of general meeting of shareholders
22/04/2009	New auditor
22/04/2009	Private document
22/04/2009	Appointment/resignation of company officers
10/02/2009	Payment incident closed
16/10/2008	Unfiling of a Social Security preferential right
16/10/2008	New Filling of Social Security preferential right
22/09/2008	Payment incident detected
17/09/2007	Minutes of general meeting of shareholders
17/09/2007	PV d'Assemblée
17/09/2007	Private document
17/09/2007	Statuts mis à jour
17/09/2007	Updated articles of association
14/08/2007	Updated articles of association
14/08/2007	Statuts mis à jour
14/08/2007	Minutes of Board meeting

Establishment events history

Date	Description
06/05/2011	Update Rating
21/01/2011	Update Rating
15/01/2010	Update Rating
15/01/2010	Update Limit
17/10/2008	Update Limit
17/10/2008	Update Rating
08/10/2008	Update Limit
08/10/2008	Update Rating
03/07/2008	Update Rating
10/12/2007	Update Limit
09/12/2007	Update Limit

Directors

Name	M BEAUMANOIR ROLAND	Manager position	Directeur général
Date of birth	20/01/1949	Place of birth	SAINT-MALO (35)
Type of manager	Individual	Name at birth of manager

Name	Mme BEAUMANOIR JOCELYNE	Manager position	Administrateur
Date of birth	30/08/1947	Place of birth	BORDEAUX (33)
Type of manager	Individual	Name at birth of manager	OUTIN

Name	M DEWULF HENRI PIERRE	Manager position	Administrateur
Date of birth	28/08/1960	Place of birth	BERGUES (59)
Type of manager	Individual	Name at birth of manager

Judgements / CCJs

CCJ's
CCJ Type	Privilège(s) sécurité sociale, régimes complémentaires
Effective Date	16/10/2008
Amount	58,656
Creditor	URSSAF 6 RUE DARBRISSEL - QUARTIER BEAUREGARD 35052 RENNES
Radiation Amount
Partial Radiation Date
Radition Date	14/01/2010

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.91
UK Pound	1	Rs.73.06
Euro	1	Rs.64.03

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.