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Report Date : |
02.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
CENTRE NATIONAL D'APPROVISIONNEMENT EN
MEDICAMENTS |
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Registered Office : |
BP 2170 Messa, Yaoundé |
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Country : |
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Date of Incorporation : |
30.06.2005 |
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Legal Form : |
Limited Liability Company, Limited by shares |
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Line of Business : |
Distributors of
pharmaceuticals |
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No. of Employees : |
150 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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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, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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|
C1 |
C1 |
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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 |
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COMPANY REPORTED: |
CENTRE NATIONAL D'APPROVISIONNEMENT EN MEDICAMENTS |
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Trade Names: |
CENTRE NATIONAL D'APPROVISIONNEMENT EN MEDICAMENTS ET CONSOMMABLES
MEDICAUX ESSENTIELS |
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Other Names: |
CENAME |
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Principal Address: |
BP 2170 Messa, |
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Telephone: |
+237-2232920/ 22232922 |
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Fax: |
+237-2232923 |
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Email: |
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Internet: |
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Established: |
30/06/2005 |
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Registration: |
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Legal Form: |
Limited Liability Company, Limited by shares |
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Stock Listing: |
Not Listed |
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Management/
Directors |
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President/
CEO (1) |
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Name |
Mr. André Mama Fouda |
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Active in daily business: |
Active |
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Current Title: |
President |
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Country of residence |
|
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Remarks |
Top Decision Maker |
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President/
CEO (1) |
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Name |
Dr. Oussoumanou
Taousse |
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Active in daily business: |
Active |
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Current Title: |
Managing Director |
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Country of residence |
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No negative information
found
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Company Profile: |
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||
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Nominal Capital |
CFA. 1,000,000 |
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Paid in Capital |
CFA. 1,000,000 |
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Subscribed Capital |
CFA. 1,000,000 |
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Shareholders |
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|
Name |
Position |
Amount |
Ratio |
|
Mr. André Mama Fouda |
President |
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Dr. Oussoumanou Taousse |
MD |
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|
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Mr. Atejoe Jean. M |
Finance Director |
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|
|
Dr. Souaibou |
Director |
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Dr. Frederic Mistral Samba |
Director |
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Dr. Patricia Moune |
Director |
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Mr. Zakariyaou |
Director |
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Government of |
Holding |
|
100.00% |
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Total |
|
|
100.00% |
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Terms of
payment |
|
Buying
terms |
30% in
cash, 70% on 30 day credit |
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Selling
terms |
80% in
cash, 20% on credit |
|
|
|
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Suppliers |
Various
companies |
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Customers |
Medical
firms and organizations |
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|
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Recent
Sales |
CFA. 892,000,000
(2011 Estimated) |
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Exports |
None |
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Export
Ratio |
0.0% |
|
Import
Ratio |
40.0% |
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Domestic
Market Share |
20.0% |
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Affiliated Companies |
None |
Na
|
Exchange Rate |
US$ 1 = CFA. 499.51 |
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Workforce: |
2011 |
|
|
|
|
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150 |
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|
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Office & Factories |
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|||
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Head offices |
Siège social Yaoundé Rue Rudolph D. Manga
Bell, |
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Branches |
Agence de Ngaoundéré,
Face Gare Marchandises Ngaoundéré, Cameroon |
|||
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Business Activities |
Distributors of pharmaceuticals |
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Business Premises |
2000 Sft |
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Type of occupation
|
Rented |
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Location
|
The subject is located close to a major road
network |
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Premises used as
|
Offices |
|
Banking relationship |
|
|
Main Banks |
ECOBANK |
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.68 |
|
|
1 |
Rs.85.12 |
|
Euro |
1 |
Rs.69.38 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 |
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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 |
|
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.