|
Report Date : |
29.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
PAPETERIE COMMERCIALE DU SENEGAL SARL PACOSEN SARL |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
18.06.1996 |
|
|
|
|
Com. Reg. No.: |
R.C N° : 96A4064 |
|
|
|
|
Legal Form : |
Limited Liability Company, Limited by shares |
|
|
|
|
Line of Business : |
Dealers in printing and packaging paper products |
|
|
|
|
No. of Employees : |
36 |
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Senegal |
B2 |
B2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
COMPANY REPORTED: |
PAPETERIE COMMERCIALE DU SENEGAL SARL " PACOSEN SARL " |
|||
|
Principal Address: |
P.o. Box 14092 Dakar, Senegal |
|||
|
Telephone: |
+221-33-8233538 |
|||
|
Fax: |
+221-33-8233538 |
|||
|
Email: |
None |
|||
|
Internet: |
None |
|||
|
Established: |
18/06/1996 |
|||
|
Registration: |
R.C N° : 96A4064 SENEGAL |
|||
|
Legal Form: |
Limited Liability Company, Limited by shares |
|||
|
Stock Listing: |
Not Listed |
|||
|
Workforce: |
2011 |
|
|
|
|
|
36 |
|
|
|
|
Office & Factories |
|
|||
|
Head offices |
96 Avenue Du President Lamine Gueye, Dakar, Senegal |
|||
|
Branches |
None |
|||
|
Management/
Directors |
|
|
President/
CEO (1) |
|
|
Name |
Mr. Kamel Badredine |
|
Remarks |
Top Decision Maker |
|
Director
(2) |
|
|
Name |
Mr. B Fatou |
Top decision maker is the person who has the ultimate authority or power to make important managerial decisions. He/She may or may not be officially registered as a president or an executive director.
No negative information found
|
Company Profile: |
|
||
|
Nominal Capital |
CFA. 5,000,000 |
||
|
Paid in Capital |
CFA. 5,000,000 |
||
|
Subscribed Capital |
CFA. 5,000,000 |
||
|
Shareholders |
|
||
|
Name |
Position |
Amount |
Ratio |
|
Mr. Kamel Badredine |
Director |
|
|
|
Mr. B Fatou |
Director |
|
|
|
Total |
|
|
100.00% |
|
|
Terms of
payment |
|
Buying
terms |
30% in
cash, 70% on credit |
|
Selling
terms |
80% in
cash, 20% on credit |
|
Affiliated Companies |
None |
Na
|
Exchange Rate |
US$ 1 = CFA. 522.84 |
|
Established: |
18/06/1996 |
||||
|
Registration: |
R.C N° : 96A4064 SENEGAL |
||||
|
Legal Form: |
Limited Liability Company, Limited by shares |
||||
|
Stock Listing: |
Not Listed |
||||
|
Workforce: |
2011 |
|
|
|
|
|
|
36 |
|
|
|
|
|
Office & Factories |
|
||||
|
Head offices |
96 Avenue Du President Lamine Gueye, Dakar, Senegal |
||||
|
Branches |
None |
||||
|
Business Activities |
Dealers in printing and
packaging paper products |
||||
|
Suppliers |
Various
Companies |
||||
|
Customers |
Firms
and organizations |
||||
|
Recent
Sales |
CFA. 643,500,000
(2011 Estimated) |
||||
|
Exports |
None |
||||
|
Export
Ratio |
0.0% |
||||
|
Import
Ratio |
40.0% |
||||
|
Domestic
Market Share |
10.0% |
||||
|
Business Premises |
5000 Sft |
|
Type of occupation
|
Leased |
|
Location |
The subject is located close to a major road network |
|
Premises used as
|
Offices, Warehouse, Workshop |
|
Banking
relationship |
|
|
Main
Banks |
BARCLAYS BANK |
Na
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.26 |
|
UK Pound |
1 |
Rs.86.80 |
|
Euro |
1 |
Rs.69.63 |
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 |
|
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.