MIRA INFORM REPORT
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Report Date : |
19.09.2011 |
IDENTIFICATION DETAILS
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Name : |
STE KACHA MAROC SARL |
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Registered Office : |
Avenue de la Meque, 17 Immeuble Al Houbous, Laayoune |
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Country : |
Morocco |
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Date of Incorporation : |
17.11.2009 |
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Com. Reg. No.: |
9111 |
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Legal Form : |
Societe A Responsibilite Limitee |
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Line of Business : |
import and Export of food products including fruits, dried fruits and spices |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
700 EUR |
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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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Litigation : |
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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) |
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Morocco |
a2 |
a2 |
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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 name
STE KACHA MAROC SARL
Rating Briefing
Current
Recommended Credit: 700 EUR
Registration Briefing
Registration Number: 9111
Registration Date: 17/11/2009
Legal Form: SOCIETE A RESPONSIBILITE LIMITEE
Latest Financials: N/A
Financial Briefing
Nominal Capital: 200,000 Moroccan Dirham
Issued Capital: N/A
Turnover: 500,000 Moroccan Dirham
Net Profit: N/A
Net Worth: N/A
Original Investigation Details
Investigation Number: 141267
Company Name: STE
Kacha Maroc Sarl
Country: MO
Street Name: Immeuble
Al Houbous N 17 Laayoune
City Code: Laayoune
Post Code: 80000
Company Details
Company Name: STE
KACHA MAROC SARL
Headquarter Address: Avenue
de la Meque,
17 Immeuble Al Houbous,
Laayoune 80000,
Morocco
Telephone: +212528
337066
+212528 337105
+212528 337178
+212528 337206
Fax: +212528
337086
E‑Mail: codipalfish@gmail.com
Company was originally started on 17/11/2009
Registration & Legal Details
Current Legal Form: SOCIETE
A RESPONSIBILITE LIMITEE
Registration Address: Avenue
de la Meque,
17 Immeuble Al Houbous,
Laayoune
Registration Number: 9111
Registration Date: 17/11/2009
Year/Date Company Established: 17/11/2009
Registration Town: Laayoune
Tax Registration Number: 40207519
Capital
Currency: Moroccan
Dirham
Authorized Capital: 200,000
Paid Up Capital: 200,000
Authorized Capital Breakdown
Number
of Shares: 2,000 Type of
Shares: None
Selected
Issued
Shares: 2,000 Value per share: MDH 100.00 Value of this type: 200,000.00
Shareholders
Shareholders:
Name/Other Information Shares Held % of Voting/Non‑Voting capital
Mr. Hamid Chayek, 2,000 100.00% (VOTING)
Bloc D N° 27 Lot El Houda,
Agadir,
Morocco
Principals
Name: Mr
Hamid Chayek
Position within the company: Managing director
Additional Information: Mobile
: 212 661 212157
Country of Birth: Morocco
Nationality: Moroccan
Can fluently speak: Arabic,
French & English
Company Activities
NACE Codes: 4639 Non‑specialised wholesale of food, beverages and tobacco
The company is engaged in import and export of food products including fruits, dried fruits and spices.
Local Reporters consider the investigated company to be MEDIUM in their field of concern.
Operations
Employees Company Employs: 5
HQ Premises Operates from: Rented
Office
Premises Size: 60
square meters
Location: Central
Business Area
Branches 63 Zone Industrielle Tassila,
Agadir,
Morocco
Branch is: Owned
Branch premises size: 800.00 sq.mtrs.
These premises operate as: Cold Store
Imports
Import % and type of product: 100% Finished Goods
Imports From: India,
Vietnam, China, Turkey, Spain,
Italy
Importing Terms: Cash
against documents
Exports
Export % and type of product: 50%
Exports To: Spain,
Italy
Exporting Terms: bank
transfer
Trading
& Selling
Territory: 50%
Nationally, 50% International
Type of Customer: Wholesalers
& Resellers
Number of accounts:
20
Related Companies
Subsidiaries
Affiliates
Information on Related Companies is not
available/applicable
Bankers
Société Générale,
Branch: Général Kettani
Avenue du Général Kettani,
Agadir,
Morocco
Account Number: 0008
0052 872
Financial Information
Source: Mr.
Hamid Chayek Managing director
Figures are: Estimates
Currency: Moroccan
Dirham
Months Sales Figures
Sales Gross Profit/Loss Net Profit/Loss
12 31/12/2011 30,000,000 (Projection)
12 31/12/2010 500,000
Payments
Subject's
payments reported to be: NO
COMPLAINTS
Interview & Reporter Comments
Name/Title: Mr.
Hamid Chayek Managing director
Comment: Subject
has confirmed the general details shown in the report.
Latest
Financial Statements are not currently available.
Conclusions
Local
Reputation: The
company being investigated is believed by local reporters to be a
Medium
Trade Risk.
General
Conclusion: Subject
not legally obliged to produce or publish accounts
Owner/Shareholders
Comments: All or most of
the owners / shareholders have an active participation in
the
running of the business.
Financial
Results Trend: Financial
Information indicates that the business activities of the
company
are showing an upward turn.
Age of
Business: The
company has been established for under 5 years.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.47.47 |
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UK Pound |
1 |
Rs.74.96 |
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Euro |
1 |
Rs.65.79 |
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 |
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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.